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I set the scrypt algorithm to "sha256d" but this is what happens:
At 1.4 million hashes per second it will take you on average about 51 minutes to find a share. Yes that's right, you ARE doing it right, but you are also seriously wasting your time. Okay, how about using an amd r9 270x with cgminer, would that give me around 500kh/s or something? CPU and GPU mining days for bitcoin mining are long gone. With a CPU you use 1000 times more in electricity than you earn in bitcoin, with a GPU 100 times more than you earn. Each difficulty 1 share takes over 4 billion hashes to find on average, and your CPU is doing 1.4 million hashes per second. That GPU will do something like 700 million hashes per second which is still ridiculously low for the amount of electricity it uses. It is only worthwhile bitcoin mining with hardware that is designed purely with bitcoin mining in mind (i.e. ASICs) today. The days of off-the-shelf commodity hardware being able to meaningfully bitcoin mine ended a year ago. You are probably getting confused by threads discussing altcoin mining with GPUs. That has nothing to do with bitcoin mining. Yes as I said in my original post, I was planning on mining mazacoin. I made a thread here because I had mining difficulties using the sha256 algorithm, which is the same algorithm bitcoin uses. Thanks for your help |
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I set the scrypt algorithm to "sha256d" but this is what happens:  At 1.4 million hashes per second it will take you on average about 51 minutes to find a share. Yes that's right, you ARE doing it right, but you are also seriously wasting your time. Okay, how about using an amd r9 270x with cgminer, would that give me around 500kh/s or something? |
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I set the scrypt algorithm to "sha256d" but this is what happens: |
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Hi, I posted in the altcoin mining sections but didn't get any responses yet, that might be because the algorithm is based on bitcoin here. So recently I have been mining scryptcoins, and now I wanted to mine mazacoin, based on the SHA256 algorithm. However, when using cudaminer, I keep getting the notice "boooo" and my share is not accepted. .bat file: cudaminer.exe -o stratum+tcp://mzc.mineoncloud.com:3339 -O Username.worker1:pass Screenshot:  Why doesn't it mine? I couldn't find anything on the net. |
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It doesn't seem to be working with cgminer either.
Why does my cudaminer mine dogecoins but not mazacoins? Could anyone help me? Still get 0/0 accepted.
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Could anyone please help me with this? I would love to mine some coin but I am stuck because I can mine dogecoin, but not mazacoin.
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Hi, recently I have been mining scryptcoins, and now I wanted to mine mazacoin, based on SHA256. However, when using cudaminer, I keep getting the notice "boooo" and my share is not accepted. .bat file: cudaminer.exe -o stratum+tcp://mzc.mineoncloud.com:3339 -O Username.worker1:pass Screenshot: Why doesn't it mine? I couldn't find anything on the net. |
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1) Yes, some doge coins
2) November 2013
3) No.
4) Yes, I am currently mining new altcoins and holding them until one of them rises in price.
5) I would go for the best profit.
6) I would think about it.
7) A lower price like that would be more interesting.
8 )
9) Yes that could be.
10)
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cgminer no longer support gpu after 3.7.2.
Thanks a lot, could have never guessed this. Problem fixed. Also, how do I mine on the CPU then? I see no option? Why does it not automatically mine on CPU? |
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Hi, I have recently downloaded cgminer, and I am trying to mine "auroracoin". I have followed a guide that basically told me to download cgminer ( I got 4.0.1 from the official site) Then I use the following command to start cgminer: cgminer.exe --scrypt -o stratum+tcp:http://aur.cryptocoins.at:3340 -u Me.worker1 -p pass First problem: "--scrypt is not a recognized option" When I remove the "--scrypt" the miner starts and then does not mine more than 0.00 h/s.. command to start: cgminer.exe --scrypt -o stratum+tcp:http://aur.cryptocoins.at:3340 -u Myname.worker1 -p 1234 picture of cgminer running WITHOUT --scrypt:  What am I missing? |
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Uh, I got another problem.. So this is the third day of me mining for the mine-litecoin.com pool , and this is the second time that my whole balance got cleaned back to 0,000 LTC...  The first time I had like 0,006 LTC, the day after it went back to 0 LTC. Previous day it said 0,008 LTC, and now it is back to 0 LTC... (its not that I got the 0,006 back, I just mined a bit longer) Am I doing something wrong or is this site untrustworthy? Also, all my other stats are gone too, like my efficiency etc. |
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Nice! Thanks for posting  |
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Don't buy a 7970, buy a sapphire 280x. Don't buy a gigabyte 280x, buy a sapphire 280x.
I've tried them in several systems now, they pull 740-750kh/s at less than factory clock speeds.
You have heard of mining profitability calculators, right? Just google litecoin mining calculator.
Thanks for the tips. Why a sapphire? For the power/energy consumption? I like gigabyte because of the multiple fans which makes their cards cooler and less noisy. I am not only planning on mining 24/7 so noise is important for me too I believe sapphire cards are powerful but loud? Sorry, was looking at the wrong column. Thought 1500 kH/s seemed a bit too high!  I only use 5850s for my rig, and occasionally will mine with a 6950 as well. Haha okay. So it indeed is all about kH/s |
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Ah thanks But it says GTX 670: 160 - 200 kH/s and 7970 around 700 kH/s How is the 7970 10 - 15x faster? |
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the R9 290s are more powerful and better miners but will never justifu the cost of buying one
if you want a good all rounder id probably recommend a 6870 (285kh/s) there pretty good on power and almost as powerful as the 5870 (350kh/s) but use about 1/2 the power
a while ago you would have been earning more but due to all GPUs now ending up on scrypt coins like litecoin and novacoin and fethercoin they have all shot down in what you earn. this is because almost ever GPU that was on the bitcoin network has been moved onto scrypt networks due to ASICs becoming the main driving force on Bitcoin and sha256 coins
Ah, and how would an R9 290 roughly do? I am just looking around, I game too, and I earn enough to buy one soon. I also like to make my own miner, make an element grabber so it displays what my current balance is, etc. Basically it is mostly meant as a hobby, but if it's only gonna earn me a dollar per day I might stop doing it. |
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Well you are mining at a very low hashrate, and since you are using NVIDIA you are getting bad hash/power ratio.
Ideally you would want to get a ATI/AMD Radeon card or two. Even a 5830 will give you a better hashrate and will also use less power than your GTX 670.
If you care about electricity costs, then I recommend a 5830 or 5850 to start off with, but if you don't care about electricity costs, then swing for the fences and get a 7950 or 7970 and you will be making coin a lot faster.
Hmm, could you tell me how much I COULD mine with, say, an AMD 7970? Like twice as much, or even 3 times? Also, how about the R9 290? I don't know much about the AMD cards, but are these R9 cards even better for mining? (couldn't find anything on google) Thanks for the replies guys! |
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for the hardware your running it seems about right.
AMD is the miners choice because it is much much better at mining
Nvidia can be ok but wont even compete with AMD
So you are saying it is normal to earn 0,1 LTC aka less than 1 dollar per 24 hours? Just asking to be sure I had a bit higher expectations, like 0,5 LTC every ten hours.  Even the pool's fee of 0,02 LTC is way higher than what I earned today in 6+ hours. |
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Does anyone know? I would really like to know if this slow LTC gain is normal or if I am doing something wrong
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Hey, I just came into Litecoin mining, and I folowed this tutorial for cuda miner: http://www.youtube.com/watch?v=MPoRc6FSA68It let me register to this pool: http://mine-litecoin.com/I registered there and made a new worker etc. I then downloaded cuda miner: https://bitcointalk.org/index.php?topic=167229.0I own a GTX 670, slightly overclocked. I am getting about 160 - 170 khash/s, according to cuda miner:  I am using the following setup when running cuda miner: cudaminer.exe -o stratum+tcp://europe.mine-litecoin.com:80 -O Bartt.x1:x Problem: I heard people talk about getting 0,1 BTC per day, and over 1 LTC a day (which sounds logical to me) Though I earn about 0,005 max LTC per hour, so 0,1 LTC per day... How is this profitable or am I doing something wrong in my setup? Am I in the wrong pool or something? Or is my mining rate very low? Please help! Bart |
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