Mining bitbars

[Gamesfreak13563]

How many khash/s do you need and how long will it take to get a return?

[datguyian]

I started about 2 hours ago and am at 1.09 right now with about 1200 KH/s. Funny enough, 2 of them were found in the last 30 minutes, after difficulty jumped up significantly from when I first started. As with all solo mining, it's all about luck I guess.

[treiq]

I was getting blocks up untill 3-4 hours ago with 1200 khash/s

I think it's pretty hard to find a block now with that diff, i would guess 4-5 hours with my current hash rate for a block <- which is also getting smaller and smaller.

I got 5 BTB and have been mining all day.

[Gamesfreak13563]

So I'll get nothing with 800kh starting now, huh? Dammit..

[TheSwede75]

I was getting blocks up untill 3-4 hours ago with 1200 khash/s

I think it's pretty hard to find a block now with that diff, i would guess 4-5 hours with my current hash rate for a block <- which is also getting smaller and smaller.

I got 5 BTB and have been mining all day.

How have you been mining all day a coin that went 'public' 6 hours ago?

[kokojie]

So I'll get nothing with 800kh starting now, huh? Dammit..

If you can get even 1 block in a day, it'll be much better than mining BTC. 1 Bitbar are worth about 0.5 BTC right now.

[treiq]

I was getting blocks up untill 3-4 hours ago with 1200 khash/s

I think it's pretty hard to find a block now with that diff, i would guess 4-5 hours with my current hash rate for a block <- which is also getting smaller and smaller.

I got 5 BTB and have been mining all day.

How have you been mining all day a coin that went 'public' 6 hours ago?

Well, it's 03.20 AM here now, and i started when it didn't even have 1 post in it yet. Figured it was "all day" worthy ^^

[TheSwede75]

I was getting blocks up untill 3-4 hours ago with 1200 khash/s

I think it's pretty hard to find a block now with that diff, i would guess 4-5 hours with my current hash rate for a block <- which is also getting smaller and smaller.

I got 5 BTB and have been mining all day.

How have you been mining all day a coin that went 'public' 6 hours ago?

Well, it's 03.20 AM here now, and i started when it didn't even have 1 post in it yet. Figured it was "all day" worthy ^^

Well that would be

[spoid]

So I'll get nothing with 800kh starting now, huh? Dammit..

If you can get even 1 block in a day, it'll be much better than mining BTC. 1 Bitbar are worth about 0.5 BTC right now.

however since bitbar is scrypt, while doing your calculations have to keep in mind that you are missing out on mining feathercoins which is pretty solid and profitable these days - instead of comparing it to mining BTC.

mining chinacoins seems like more of a gamble since either

a) lots of amazing stuff iis happening behind the stages on some chinese forum that somehow nobody from bitcointalk has posted yet (remember that ftc was backed by the community quite a lot)

or

b) it's actually true that the developer has fled the scene and nobody is giving a shit

Bitbar's value right now is still highly speculative but with such high variance while solo mining with 1 mh/s it is probably the safer choice to mine ftc for now. Also the less adventurous one.

[TheSwede75]

So I'll get nothing with 800kh starting now, huh? Dammit..

If you can get even 1 block in a day, it'll be much better than mining BTC. 1 Bitbar are worth about 0.5 BTC right now.

however since bitbar is scrypt, while doing your calculations have to keep in mind that you are missing out on mining feathercoins which is pretty solid and profitable these days - instead of comparing it to mining BTC.

mining chinacoins seems like more of a gamble since either

a) lots of amazing stuff iis happening behind the stages on some chinese forum that somehow nobody from bitcointalk has posted yet (remember that ftc was backed by the community quite a lot)

or

b) it's actually true that the developer has fled the scene and nobody is giving a shit

Bitbar's value right now is still highly speculative but with such high variance while solo mining with 1 mh/s it is probably the safer choice to mine ftc for now. Also the less adventurous one.

How is it 'less adventurous' to mine feathercoin? A coin that was released 2 weeks ago, has increased in value 1000% in two days and has no practical usage (except to scam people out of bitcoin) or uniqueness at all. I don't get today's alt coin users.

[relm9]

Difficulty is rising steadily on this, up to 1 now. You'll get 0.25 BitBars every hour or so on 1.2 MH/s

[spoid]

So I'll get nothing with 800kh starting now, huh? Dammit..

If you can get even 1 block in a day, it'll be much better than mining BTC. 1 Bitbar are worth about 0.5 BTC right now.

however since bitbar is scrypt, while doing your calculations have to keep in mind that you are missing out on mining feathercoins which is pretty solid and profitable these days - instead of comparing it to mining BTC.

mining chinacoins seems like more of a gamble since either

a) lots of amazing stuff iis happening behind the stages on some chinese forum that somehow nobody from bitcointalk has posted yet (remember that ftc was backed by the community quite a lot)

or

b) it's actually true that the developer has fled the scene and nobody is giving a shit

Bitbar's value right now is still highly speculative but with such high variance while solo mining with 1 mh/s it is probably the safer choice to mine ftc for now. Also the less adventurous one.

How is it 'less adventurous' to mine feathercoin? A coin that was released 2 weeks ago, has increased in value 1000% in two days and has no practical usage (except to scam people out of bitcoin) or uniqueness at all. I don't get today's alt coin users.

All right, I agree that it is quite adventurous as well, just less adventurous than mining the coin that was released 6 hours ago and whose main announcement thread has turned into a flamewar, with skyrocketing difficulty and still no single pool.

[TheSwede75]

So I'll get nothing with 800kh starting now, huh? Dammit..

If you can get even 1 block in a day, it'll be much better than mining BTC. 1 Bitbar are worth about 0.5 BTC right now.

however since bitbar is scrypt, while doing your calculations have to keep in mind that you are missing out on mining feathercoins which is pretty solid and profitable these days - instead of comparing it to mining BTC.

mining chinacoins seems like more of a gamble since either

a) lots of amazing stuff iis happening behind the stages on some chinese forum that somehow nobody from bitcointalk has posted yet (remember that ftc was backed by the community quite a lot)

or

b) it's actually true that the developer has fled the scene and nobody is giving a shit

Bitbar's value right now is still highly speculative but with such high variance while solo mining with 1 mh/s it is probably the safer choice to mine ftc for now. Also the less adventurous one.

How is it 'less adventurous' to mine feathercoin? A coin that was released 2 weeks ago, has increased in value 1000% in two days and has no practical usage (except to scam people out of bitcoin) or uniqueness at all. I don't get today's alt coin users.

All right, I agree that it is quite adventurous as well, just less adventurous than mining the coin that was released 6 hours ago and whose main announcement thread has turned into a flamewar, with skyrocketing difficulty and still no single pool.

Agreed.

[Petr1fied]

At the price people are paying for bitbars it's certainly worth throwing some power at it still. People are paying up to 0.5 BTC for 1 BTB and the reward for finding a block was 0.275 when I found my last block about 20 minutes ago. It's definitely getting harder to find blocks but the rewards for doing so are high due to the low availability of BTB.

[spoid]

True, I somehow expect prices to drop once somebody puts a pool together.