I mined solo with 2 x 7990 (2.9MH/s total), sometimes 1m in 10 hours, sometimes zero in three hours. Its all about luck. Which is pretty appropriate for this coin. Its fun.  |
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Dont forget the trade thread for this coin can be found here: https://bitcointalk.org/index.php?topic=368910.0There have been several active trades already and presents an opportunity for those without big hash power to get a stock of coins before this hits an exchange. |
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Apologies devianttwo,
My buyer was ok123, bought yesterday total 1.2m @ 0.132 BTC. (0.0011 / 10k)
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Hedge your bets and run 2 instances of cgminer one on pool and one on solo. Or fail over from pool to solo.  |
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500,000 sold @ 0.055 BTC (0.0011 / 10K)
for sale 700,000 @ 0.077 (0.0011 / 10K)
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My sell order is now just 1M @ 0.11 BTC (0.0011 / 10K)
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Sold 700,000 LOT @ 0.077 BTC (0.0011 / 10K)
For sale 1M @ 0.11BTC (0.0011 / 10K) will split.
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Difficulty now almost 3x what it was this morning. Lots more miners noticing LOT.
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Happy to keep mine at 0.0015/10K until trades go through. The list of people wanting to buy on the doc shows highest order at 0.0011. Id even sell 100K @ 0.0011/10K to get this ball rolling. At the moment it seems we have either a bunch of people wanting to keep the coins and/or a bunch of people wanting to sell the coins at 30% more than the buyers are willing to pay. So, first person to offer .011 BTC for 100K LOT can have them, just to get a trade on the board. Ill put my price up 0.0001 per 10k after each 100k sold until it reaches the 0.002/10k others have listed. I dont have several million to get through, so it wont take long to buy all my coins, and then the price by then may have reached where others are wanting to sell. For now Im happy at 0.0011/10k for the first 100k LOT |
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Willing to sell LOT at 0.0015 BTC per 10k. 10,000 LOT = 0.0015 BTC 50,000 LOT = 0.0075 BTC 100,000 LOT = 0.015 BTC 1M LOT = 0.15 BTC Obviously as Im a newbie on these forums you would like an element of trust, so Im happy to send over in small chunks at a time if you would rather have some proof of my being legitimate. I would send the LOT to you first. Hopefully, if people buy from me, they could post up here that I can be trusted. Just drop me a message if interested. |
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There is definitely an issue with hackshard, its been on the same round for 1:40 minutes.
Est. Shares 467 (done: 14253.1%)
Pool Valid 66562
I have a feeling that everything is still working, but the stats are just messed up. The pool hashrate is still active.
Set my autpayout at 10,000. If it was supposed to be doing say 30,000 an hour I would have expected something by now. Nothing....  what pool are people seeing their 20k and hour on? |
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1st pool in the list on this thread. Cgminer 3.3.1. Pool is showing my rate as 2800+. I think it may be the one mentioned above. No block for well over an hour.
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Must be something wrong with the pool I'm on then 600 in an hour with 2,900KH/s. That's 600. Not 60k. Six hundred LOT. Ffs.
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*g* sounds strangely familiar to me. The cards were actually 357-360£ on Scan's "today only" page which is more like 580-590$ per card. And that was a one-off, probably never to return deal  Somewhat off topic: how do you keep the cards cool? I can run a single card @stock voltage and speed ok, but even then it gets hot. Two cards go into meltdown, so I am currently undervolting and running them only at ~900MHz. I'm thinking about modding the cards soon (thermal paste, removing some shields to get more air to the card etc.). Oh, and total power draw for my setup is definitely <1KW at the wall - I think I measured 750-800W total. Yep that was the deal. Didn't actually know it was a deal at the time, I'm a coin mining newbie. If I had known they were that good I'd have bought ten! Mine are just sat loose in the mb, small fan blowing at them and the whole lot not mounted in a case, just sat on a rubber block in the garage nice and cool. Cards still run at 78/79. Have not been successful with undervolting as I can't seem to get it enabled using afterburner. If I put the setup in a case with side removed and have it in the main house, card temps can reach 99c, so this is a no go. The fan I have blowing extra air at the setup accounts for 50w, and there is a 10w wireless router on too. So some 1190w measured when both cards running at around 1450kh/s each. |
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1. There has been recently a huge increase in hash power across the board for most coins, this is return makes the profitability of the coin's go down because of course the difficulty goes up.
2. The price of coins that we are farming haven't really gone up enough to combat these lower profits due to the increase in difficulty.
Im not comparing payouts from a few weeks ago to today, I only started mining a week ago to see what al the fuss is about. On hascows Im getting sometimes up to 25% rejects. Mining one coin directly Ive had 24 hours at near zero. Regarding the payouts, if I mine say WDC for 24 hours on a dedicated WDC pool, then convert to BTC on cryptsy on auto trades (no waiting to cash in on the best rate etc), I can make almost 30% more than mining on hashcows for 24 hours. This should not be possible if the haschows pool did what it is supposed to do. The difficulty has gone up on all coins, correct, but it had already gone up when I started mining just a week ago. There is a review a couple of pages back by a guy that has mined for a while, and he has come to the same conclusion, that mining on hashcows is making much less than just doing it on one solo coin and switching yourself. If Im going to be donating a percetage to keep the system working, then it should be, well... working. 4. Our pool even with the stated issues above, has been on par with the other multipools, so it's not just our pool that is experiencing low payouts.
We wil see. Ive switched to middlecoin and from calculations so far on just a couple of hours, the payout seems a lot better. will report back once Ive compared like for like 24 hour periods. If I had 2 machines I would set them mining one on each and do a like for like. Perhaps somebody that has two equal machines can do this test and prove the payout is the same across this pool and others? 5. Just because you go to coinchoose/coinwarz and say "oh look I can make X amount in 24 hours mining this, it's so much better than hashcows!" That is not the case, there is too many factors to figure into it, price of the coin, difficulty changes, rejects, liquidity, etc. A perfect example would be a person that was in IRC just yesterday stated he tried to mine GDC for 24 hours, it resulted in him getting 1/3 of the payout stated on these sites.
Correct, mining a single coin will not always result in the payout you expect, but when I spent 24 hours making my own switches (eaving it on WDC as a stable one when I slept) I made it to 0.041BTC in 24 hours. Mining on your pool I make 0.02. SOmething is clearly wrong with that. I hope its server issues and nothing more sinister. Why quote a profit per MH/s average on your site if the true results are absolutely nowhere near it? The cynic in me would suggest that has been done to attract more people to the pool and therefore gain more commission from the increased has rate. Its a bit unfair if those quotes are misleading though. As I say, Im on middlecoin for a couple of days and Ill compare against returns from hashcows and see which is best for myself. Others are free to make thir own choice. |
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Why would you think there are only two reasons that people would not have time to exchange coins?
I dont have time to mess about with all that, exchanging business all day for the $40-50 I may make doing this. Its simply not worth my time messing about to make sure I get all the trades done at a decent rate or leave coins until the rates go up again. For the $3-4 diference this may make to my daily "earnings", it is not worth my time. But if a pool can get me an average return somewhere near the $40-50 I can make doing it manually, then they can have their 3% or whatever it is for doing this.
If the pool returns me only 50% of the $40-50 a day then although its still chump change, why should I contnue to support such a pool if it isn't working properly?
Im new to this coin mining thing as a bit of fun really. If it makes me enough for a couple of beers on Friday night then fine. If it ends up with me selling the 7990's on ebay, and making a loss, oh well - worth a gamble. Doesn't mean that I want to bend over and take it from a pool that clearly isnt using my hardware to the best of its ability.
Ive only got a lowly 2800Khs. I see some on a few of these pools that have 60-70,000Khs, thats 20x what I have. If Im being shortchanged by this pool for $20 a day, these people are missing out on $400 a day. Not funny at all.
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Am I reading this right?? 12,000 KH/s for $15,000  I just built a 2800 KH/s machine for £1100 BGP - or around $1,750. 5 x my setup would be 14,000 KH/s for £5500 or $8,750. Im using MSI 7990 cards. Managed to find a deal on these for £350 ($560). With 2 cards this runs at 1250W. |
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Not having great succss with this pool. 0.02 BTC per 24 hours with 2800 KH/s Less than half what can be done by switching pools manually, and less than mining just one coin like WDC all the time. Either there is some sort of scam here and somebody is taking half the coins mined, or this doesnt work. Now looking for alternative pools as this is not doing what it is supposed to do.
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Think I will have to look at multiminer, as mining in the dedicated coin pools seems to be a lot better for my set up. Ive regularly had zero rejected shares when mining just one coin like WDC or LKY etc. as soon as I mine in one of these automatic switching pools, reject rates make it all the way to 25% in some cases.
Ill have a play with this multiminer program and just leave the machine mining some halfway decent coin for the tme being.
The pool above doesnt seem to switch between that many coins. No LKY, WDC, GLC, DGC etc..
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Relatively new to coin mining - thought I would see what all the fuss is about. I built myself a twin 7990 setup and went through the learning curve of setting up the software etc. Quite fun actually. If it made any decent money, then I may consider setting myself up a few more of these machines.
After playing around switching coins myself and getting the rig mining whatever seemed to be making a decent profit - ignoring the coins that spike up to silly $2000 a day as there seems to be some sort of fault with them (forking? I dont know the terminiology yet).
So, after being nagged by the wife about constantly spending time fiddling with this "stupid computer" to change the coin it was mining, I decided to join a pool that auto switched coins - and went with Hash Cows.
It doesnt seem to be very profitable to be honest. 12 hours and I have 0.012 BTC, which is about $10 at the current rate. So $20 a day. This is less than half what I could get when switching the coins myself (my setup hashes at about 2900KH/s. Nothing near the ammount that is "predicted" by Hashcows.
Are there any pools that do this auto switching which actually return decent results? Or is it a case of just manually changing the coins myself all the time?
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