Bitcoin Forum
July 25, 2021, 05:05:58 PM *
News: Latest Bitcoin Core release: 0.21.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 [18] 19 20 21 22 23 24 25 26 27 28 29 30 31 »
341  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which coins with price under $1 are undervalued? on: June 13, 2017, 04:11:01 AM
I think Chaincoin is very undervalued under $.10cents it has a MN structure and it could be worth $1 or more once the developers upgrade the .12 DAsh protocol.

Right now you can get a MN for $80 but again it could go to 0 cents for all i know...

342  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How far do you think ETH will go? on: June 12, 2017, 06:24:01 PM
i bet it falls back down to 300 some time this week
Yes I agree it's always happen in trading I will wait for low price before I would buy again. This price is not good time for me to enter.

$400 seems to be the top and its holding so may its the beginning of the END>
343  Alternate cryptocurrencies / Mining (Altcoins) / Re: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner on: June 12, 2017, 06:21:28 PM
Does anyone have hard numbers on what they have mined so far for a May batch machine?  I sold mine, but would like to know if that was a good choice or not?

I just got a payout from ProHashing, so I looked at my ROI spreadsheet this morning. Currently my single L3+ from the May 5th batch is 42% ROI in Bitcoin terms and 99.5% ROI in dollar terms.

At the current difficulty (and not counting additional profitability from multi-pools), I'm about 80 days away from ROI in Bitcoin terms. That's the only number that's important to me. I always want my miners to produce more cryptocurrency than they cost.

On a semi-related note, I use Google Sheets to keep track of my mining and other Bitcoin investments because it provides a mechanism to automate the spreadsheets via simple scripting. My spreadsheets gather the received Bitcoin coming in to my mining addresses and include that revenue in the ROI calculation. Also, Google supports BTC to USD rate conversion. I had to add LTC, because they don't support it yet.

So when I check on ROI for my miners, pretty much all I have to do is open the spreadsheet in a browser and refresh it. Most of the time it works well. Every once in a while something gets "stuck" (probably some Google caching algorithm) and I have to make a meaningless edit in order to get it unstuck.

I have a forum post on this subject somewhere, but the scripts I used then are pretty old. If any one is interested, I'll start a GitHub project and post my latest scripts and instructions.

That is a great Idea. I would love to try it out... I get LTC payouts from Hashnest hopefully i can track those in my Google spreadsheets. as well.

I made a quick and dirty github project here:

https://github.com/edonkeycoin/gsbitcoinutils

Let me know if you have any problems with the script.

Thank you so much for putting it together so quickly i was able to implement it a version of it for myself.

344  Alternate cryptocurrencies / Altcoin Discussion / Re: Shit just got real on: June 11, 2017, 07:49:34 PM
I think Ethereum will be huge I just hate Bitcoin with its transactions cost... only reason I would even hold .01 BTC is because I have FOMO

what if i sell my .15 BTC and Bitcoin goes to $10k or even $1million

345  Alternate cryptocurrencies / Mining (Altcoins) / Re: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner on: June 11, 2017, 07:47:18 PM
Does anyone have hard numbers on what they have mined so far for a May batch machine?  I sold mine, but would like to know if that was a good choice or not?

I just got a payout from ProHashing, so I looked at my ROI spreadsheet this morning. Currently my single L3+ from the May 5th batch is 42% ROI in Bitcoin terms and 99.5% ROI in dollar terms.

At the current difficulty (and not counting additional profitability from multi-pools), I'm about 80 days away from ROI in Bitcoin terms. That's the only number that's important to me. I always want my miners to produce more cryptocurrency than they cost.

On a semi-related note, I use Google Sheets to keep track of my mining and other Bitcoin investments because it provides a mechanism to automate the spreadsheets via simple scripting. My spreadsheets gather the received Bitcoin coming in to my mining addresses and include that revenue in the ROI calculation. Also, Google supports BTC to USD rate conversion. I had to add LTC, because they don't support it yet.

So when I check on ROI for my miners, pretty much all I have to do is open the spreadsheet in a browser and refresh it. Most of the time it works well. Every once in a while something gets "stuck" (probably some Google caching algorithm) and I have to make a meaningless edit in order to get it unstuck.

I have a forum post on this subject somewhere, but the scripts I used then are pretty old. If any one is interested, I'll start a GitHub project and post my latest scripts and instructions.

That is a great Idea. I would love to try it out... I get LTC payouts from Hashnest hopefully i can track those in my Google spreadsheets. as well.

Thanks
346  Alternate cryptocurrencies / Mining (Altcoins) / Re: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner on: June 10, 2017, 07:53:24 AM
Nothing has catched fire. Just few other coins became much more profitable. Especially one who doesn't show up on minning calcs, but are minned with 2-3Thash/S

Lite what? what other scrypt coins are so profitable?

Edit: I think its Digibyte scrypt algo
347  Alternate cryptocurrencies / Mining (Altcoins) / Re: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner on: June 10, 2017, 07:15:49 AM
So looks like LTC1BTC's data center caught fire....over 2TH of hashrate has disappeared....

Yeah I was wondering why the Network Rate is so horrible? Why its about to drop 20%?
348  Alternate cryptocurrencies / Mining (Altcoins) / Re: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner on: June 08, 2017, 03:55:15 PM
Don't be fooled by drop in difficulty level.. .its bitmain playing games.. the units on Hashnest weren't selling at $3600 a piece when they launched it they only sold like 10 units 1 day.

I think so they panicked and took some inhouse machine offline so people would see better ROI temporarily and once all the Hashnest units will be sold out watch how the Network Rate spikes to 9TH/s.

Very clever games Bitmain!!! Touche...


Yeah...I'm already preparing at BEST for the mental anguish of 1/2 of my mining profits going almost poof immediately in July. Smiley

This is how home mining died for bitcoin in summer of 2014....blamo.....too much equip .....bitmain will own pow scrypt hostage too it seems soon

I suppose the next step is to play the same game with x11 miners in the future. (ducks.....hey...it is not like they have not thought of this too ..don't ya know) Smiley

It is kinda interesting to see what I thought april 1st at 6 buck ltc .would take 10-11 months .probably be all wrapped up in bitmain's favor in like 4-5 months

they are so gonna own pow scrypt and lock out anyone even thinking about making a machine....by Dec getting a Bitmain L3+ will make about as much

sense as getting a T9 Bitcoin miner now.....its bitmain its what they do.....toasters...kicking them out like toasters Sad



SEaring can you recommend some one who can host 1 L3+ for me?

the guy at http://www.btcmeqc.com/ are not responding

Contact maxumark on here he can set you up. (Or at least ask the guy directly at the data hall)

We both have our equip there. I'll try calling maxumark but pm details of your stuff to him etc also.

Anyone else in the same boat do the same  

Contact  maxumark via pm here

Thanks searing you the best.
349  Alternate cryptocurrencies / Announcements (Altcoins) / Re: COINDASH - Future of trading - ICO July 2017 on: June 08, 2017, 03:38:16 AM
OP please make the necessary correction I said Yes to Avatar part of the campaign however I did not realize you have to be a full Member before you can do Avatar. Please correct my application milion thanks and great project and wish it big success.
350  Alternate cryptocurrencies / Mining (Altcoins) / Re: What will kill GPU mining profitability in 2017? on: June 08, 2017, 03:35:09 AM
Cryptocurrency mining has hit the mainstream and everyone and their dog wants to build a rig and rake in the dollars.  This signals the beginning of the end.  The only reason mining continues to be profitable is the coin prices keep going up.  Take ethereum for example.  The difficulty has doubled over the last month due to the massive increase in miners but the profit hasn't gone down because the price has gone up even more.  When eth stops rising, there will still be more new miners coming online for a while and the difficulty will continue to rise resulting in a plummeting mining profit.

If eth stagnates for a while or even (heaven forbid) drops a lot, then mining will quickly become unprofitable for all but those with the cheapest electric.  Quickly you will see ebay full of people trying to sell their no longer profitable RX470/480/570/580 etc.  If I was thinking of buying a decent video card for gaming, I would wait till the end of the year as I'm sure I will be able to pick up a used RX570 for less than $50.

The same thing applies to all other cryptocurrencies.  They will only be profitable if their price keeps rising faster than the difficulty.  This is very unlikely to continue for long.  The best way to make money is directly investing in the coins themselves.  Either way, profit depends on increasing coin value.  But the difference is that unprofitable mining rigs will not be worth much as ebay will be bloated with used parts and resulting low prices.  Whereas coins will still have value long after their mining profitability drops into negative territory.

What will kill GPU mining profitability?  Easy, too many people jumping on the bandwagon.  That will kill it for sure for most.  I expect this to happen by the end of the year if not sooner.  GPU mining should be looked at more as a hobby than a way to get rich.  If you starting out now, the best you can realistically hope for is a break even ROI.  Maybe you will do better, maybe worse but forget about riches.  The lucky ones are those who were setup last year before it got so popular.  I wish I was one of them.



I agree 100% with your sentiment.
351  Alternate cryptocurrencies / Mining (Altcoins) / Re: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner on: June 07, 2017, 06:42:15 PM

SEaring can you recommend some one who can host 1 L3+ for me?

the guy at http://www.btcmeqc.com/ are not responding

They have hit max capacity on circuits. They are building out another pod that will likely take months to light up.
As far as I know they are adding a tiny bit of temp capacity only for existing customers who had equipment enroute.

thanks machinezero finally i got an email from Tim telling me the same thing... bummer.. I hope they get the facility up and running soon.
352  Alternate cryptocurrencies / Mining (Altcoins) / Re: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner on: June 07, 2017, 02:55:28 PM
Don't be fooled by drop in difficulty level.. .its bitmain playing games.. the units on Hashnest weren't selling at $3600 a piece when they launched it they only sold like 10 units 1 day.

I think so they panicked and took some inhouse machine offline so people would see better ROI temporarily and once all the Hashnest units will be sold out watch how the Network Rate spikes to 9TH/s.

Very clever games Bitmain!!! Touche...


Yeah...I'm already preparing at BEST for the mental anguish of 1/2 of my mining profits going almost poof immediately in July. Smiley

This is how home mining died for bitcoin in summer of 2014....blamo.....too much equip .....bitmain will own pow scrypt hostage too it seems soon

I suppose the next step is to play the same game with x11 miners in the future. (ducks.....hey...it is not like they have not thought of this too ..don't ya know) Smiley

It is kinda interesting to see what I thought april 1st at 6 buck ltc .would take 10-11 months .probably be all wrapped up in bitmain's favor in like 4-5 months

they are so gonna own pow scrypt and lock out anyone even thinking about making a machine....by Dec getting a Bitmain L3+ will make about as much

sense as getting a T9 Bitcoin miner now.....its bitmain its what they do.....toasters...kicking them out like toasters Sad



SEaring can you recommend some one who can host 1 L3+ for me?

the guy at http://www.btcmeqc.com/ are not responding
353  Alternate cryptocurrencies / Mining (Altcoins) / Re: Finally got my first rig on: June 07, 2017, 07:00:31 AM
Can you minenx11 etc with asic ? Or is it just gpu farms ?

x11 like dash coin is asics only gpu farms are unprofitable for x11

x11,x13,x15,quark etc are all asics now, very rare to be gpu profitable in those coins.

Thank you for your help and informative answer. This helps me so much. What coins besides cryptonote see none asic ?
Obviously excluding eth.

There are alot of small or Altcoins they are good for GPU mining AMD gpus rock for ethereum and Nvidia GPU are good for Equihash based coins such as Zcash, Zclassic, zen cash etc.
354  Alternate cryptocurrencies / Mining (Altcoins) / Re: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner on: June 07, 2017, 06:57:30 AM
Don't be fooled by drop in difficulty level.. .its bitmain playing games.. the units on Hashnest weren't selling at $3600 a piece when they launched it they only sold like 10 units 1 day.

I think so they panicked and took some inhouse machine offline so people would see better ROI temporarily and once all the Hashnest units will be sold out watch how the Network Rate spikes to 9TH/s.

Very clever games Bitmain!!! Touche...
355  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining ETH on nVidia finally work...(win10+GTX 1070) on: June 01, 2017, 03:46:49 AM
rig mixed amd & nvidia. working in win 7 but in win 10 the nvidia not works

its weird that you are able to have mixed rig work I am not sure what the issue is. Might be something to do with mixed rig.

One other thing i would try is disable Nvidia cards on your miner and start a separate miner for it. so disable GPU # 4 or #3 (whichever is nvidia) and start a separate Ethereum claymore miner for nvidia and see if that solves your issue.
356  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining ETH on nVidia finally work...(win10+GTX 1070) on: June 01, 2017, 12:35:39 AM
i have a problem abou the GTX 1060 3G eth mining hashrate. in win 7 it's working about 20 Mh/s but when i try to mining with win 10. this hashrate is droped only get 2.5 Mh/s. anyone get this problem ? btw My rx580 working

stupid question do you have your RX580 and GTX 1060 on same motherboard?
357  Alternate cryptocurrencies / Mining (Altcoins) / Re: I want to set-up a rig for mining ethereum? on: June 01, 2017, 12:31:33 AM
I don't think you are ready to build a mining rig.

You need to be proficient at trouble shooting computers, you WILL run into issues at some point.

It also sounds like you have never used crypto before, only want to get into it because you heard of free money.

You need to do your share of research to understand all aspects before trying to dive in.

Cheers.


I agree 100% do your research yourself it boils my blood to seem noobs coming in forums everyday and just asking an easy blue print to make money and mine.

Its not easy.

The only thing that calms me down is I was one of the noobs years years ago... possibly 2012-13 and we all had to start somewhere... so welcome. Read a lot don't expect to get easy answers... trial and error. do a lot of research yourself. It will help you in long run.
358  Alternate cryptocurrencies / Mining (Altcoins) / Re: What will kill GPU mining profitability in 2017? on: June 01, 2017, 12:27:59 AM
Not in the market for a prebuilt  but I have a best buy elite status.  So I get 6.25% off that pc.  It would earn 7 or 8 dollars a day.

Which means under 200 days for it to roi.

 I wonder if it fits a second card.

Thats hoping the ROI stays same or flat, but with difficulty rising and if prices dont you will not get the same 200 days ROI FYI
359  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Mining OS] SimpleMining.net - Easy to use GPU MINING Operating System on: May 31, 2017, 06:30:50 PM
I can also confirm sent payment didn't go thru went thru my account just fine.
Than the payment system timed out and 3 hours later it said you will get refund claim your refund and charged me funds back for refunding.

I will wait till tomorrow to deposit in my account again.
360  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Mining OS] SimpleMining.net - Easy to use GPU MINING Operating System on: May 31, 2017, 02:01:08 PM
Tytanick before  you take down simplemining for maintenance can you please give us headsup Post something like it would be coming down for maintenance etc in 60-90min i was restarting rig etc for different settings and now I am stuck and can't use it until servers come back online.

I had incorrect settings and all my rigs were rebooting and they rebooted with wrong settings.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 [18] 19 20 21 22 23 24 25 26 27 28 29 30 31 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!