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963
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MOON] Mooncoin: You know where it's headed! LAUNCHING 12/30 @ 1PM EST
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on: December 30, 2013, 04:02:15 PM
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Could anyone be so kind to tell me what I should put the share difficulty on on multipool?
Kinda curious about this myself, first time using a multipool and not a specific mining pool, so I'm not sure Share difficulty is the size of the portion of the current block that the pool hands to your miner to be solved. Over long time periods, share difficulty does not matter, and the default of 64 will work fine for anyone. However, if you experience inconsistent payouts over shorter time periods you may want to set the share difficulty lower on your slower miners. I suggest the following per worker: Scrypt coins: 250KH and below: 16 250+: 32 500+: 64 1000+: 128 2000+: 256 3000+: 384 4000+: 512 |
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967
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Other / Beginners & Help / Re: Need I worry?
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on: December 29, 2013, 05:06:24 AM
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I recently started selling for cash in my neighborhood (in the US) through Localbitcoins and quickly buying back through Coinbase - all small amounts, more for fun and to promote Bitcoins than to make much money. I have quickly developed a customer who has been buying from me on a regular basis - between $100 and $200 a time and as often as a couple of times a week - always wants to meet up pretty quickly. I never ask people why they are buying bitcoins, but I can't help wondering if this person is using me as their regular Bitcoin supplier to buy drugs. Otherwise, why not open their own Coinbase account or buy larger amounts less frequently?
Do I need to worry? Do I have any legal exposure in case the authorities in the future trace Bitcoins spent on drugs through a website to my account on Coinbase? I do plan to pay taxes on the small amount of money I have made (at this point, less than $100). I'd hate to find myself getting in trouble through something that essentially is just a hobby.
I appreciate everyone's replies and will appreciate them even more if you can mention your credentials and/or experience.
Tks
And you are saving all data for these cash transactions as you need to report your income and pay tax........... ?  oh wait whats that |
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968
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Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
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on: December 29, 2013, 04:37:46 AM
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I am doing 2.4MHz and only getting .02-.03 on average. It that normal. I think its a bit less for that rate
750khs~.01-.02/24h maybe you have hardware errors I am impressed by the hasrates you all seem to get. None of my R9280Xs go higher than 710 (and they get very hot, above 90 all of them and as a result the speed is sometimes reduced as low as 550).
I guess it is basically a heat problem... But it would be nice to be able to get 750 out of every card, it would mor eor less an extra card for me.
tried to undervolt? 0 hardware errors according to cgminer and no stale shares as well. 5% reject rate thats all... Not sure what should I do |
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972
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Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Selling Betacoin on E-bay.
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on: December 27, 2013, 08:57:13 PM
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OK let me clear the air about ebay/paypal. I had once sold around 20K worth of stuff on ebay in single year ( all digital... fandango/netflix/gift cards/ etc etc)
I had my profit margins such that I could take a hit of 5% chargebacks/complaints/ etc
Till date I had 1 chargebacks/numerous complaints on which I issued new code/0 negative feedback.. I became the top seller that year...
Long story short.. 95% people on ebay are fine.. Yes there are 5% scammers . I kept my losses low by
1) Selling low quantities.
2) Not selling a lot to single user.
3) Not selling to anyone will less than 10 feedbacks
4) Not selling outside ebay
Currently ebay does not allow you to sell crypto currency. Its BANNED as of now. Your listing will be taken down.
You can change wording and say i will send a pen drive/ paper wallet and try
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974
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Catcoin - Scrypt meow!
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on: December 27, 2013, 05:49:21 AM
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I feel like I am talking to myself here...
I have been sending emails non stop getting people to mine this coin.
Facebook and LinkedIN posts to groups I run with 30k plus members
I got scammed out of 400+ coins 3rd day after mining from day 1. I have 45 in my wallet now running 2500 kh/s non stop.
I am looking for people to join up with to keep marketing this coin but at the same time who am I doing this for? Can anyone make a bounty for marketing etc so I can feel like I am being rewarded for the work I have been putting in?
Thanks guys and gals
To mars we go!
If you feel like a holiday present Kwanzaa just started today and I am still marketing this coin
9XcPey2zYwNgFw4kKNbvQ9aHDQ7tk8QPNq
how many coins are you getting for that hashrate |
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976
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Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
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on: December 27, 2013, 04:20:15 AM
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Is the pool down?
exactly. I am new to mining and spent a lot of time understanding what I am doing. This is definitely the easiest but definitely not the best! But then again its a lot of hard work if you want to do this yourself Well, I DID mine altcoins (mostly ltc and ppc)and traded them on exchanges (mostly vircurex) myself and it was actually fun and not THAT hard to do, just takes lots of time since you have to be monitoring the exchange constantly. This, middlecoin, pool is for the lazy and/or noobs. Don't get me wrong, I've been mining here for a couple months now and I like the convenience. I've had my fun mining and trading on my own, so here I am. The point is, you are missing out if you don't try it on your own for at least a little bit. You may lose some money but the epxerience you gain will be invaluable. Too many people looking for a get-rich-quick scheme; it just doesn't exist, even in bitcoins, you have to pay a price. When i said hard work i meant time involved. Obviously its not hard to mine coins and trade on exchanges if you know what you are doing. I work full time 60+ hrs and time is of essence. |
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