cdb000
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June 14, 2011, 06:55:10 PM |
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I am mining namecoins on 13 5870s running Phoenix/phatk on 32-bit Windows 7, just under 5.5 Gh/s, not in a pool.
Given the current value of a namecoins in terms of bitcoins, mining namecoins seems like a good idea, at least until the namecoin difficulty rises a bit more.
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elpresidente
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June 14, 2011, 07:40:42 PM |
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AngstHase
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June 14, 2011, 08:16:49 PM |
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Fakeman
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June 14, 2011, 11:33:34 PM |
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How do you figure out what your namecoin address is once you've got the client running?
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16wEsax3GGvJmjiXCMQUWeHdgyDG5DXa2W
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Freakin
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June 14, 2011, 11:47:21 PM |
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the first rule of fight club is?
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Fakeman
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 14, 2011, 11:52:30 PM |
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Never mind, figured it out.
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16wEsax3GGvJmjiXCMQUWeHdgyDG5DXa2W
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Sjalq (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 15, 2011, 06:04:25 AM |
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How do I trade NMC for BTC and how hard is it?
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![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) mine mine mine mine mine mine mine *Image Removed* 18WMxaHsxx6FuvbQbeA33UZud1bnmD7xY3
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Chucksta
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June 15, 2011, 06:51:32 AM Last edit: June 15, 2011, 07:17:15 AM by Chucksta |
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NMC can only be traded for BTC (would be nice if you could trade it for $ ) The price has skyrocketed... in 1 week it has increased 20 fold. It used to be 200 NMC = 1 BTC, now it is nearly 10 NMC = 1 BTC NMC hoarders are creaming themselves with joy at the moment. Very easy to trade: https://exchange.bitparking.com/mainForum http://dot-bit.org/forumMining pool - not worth soloing any more, unless you have a LOT of miners http://bitparking.com/pool
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Sukrim
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June 15, 2011, 07:29:08 AM |
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Unfortunately the ONLY pool I'm aware of - with 3% fees and the same operator as the exchange.
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Chucksta
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June 15, 2011, 07:44:28 AM |
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Unfortunately the ONLY pool I'm aware of - with 3% fees and the same operator as the exchange.
Well, good time for someone else to make a pool, or even better if one or more of the BTC ones switches to NMC. Jeez, gonna need it after today's 65% BTC mining difficulty increase.... BTC mining is so yesterday ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Ofc we still need people mining BTC... If BTC dies, then NMC will also die, as far as making money is concerned. Crazy times, I was mining 100s of NMC per day up till yesterday, now less than 100, but I'm still making the same money !!!! amazing .... price escalation ftw !!!
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Chucksta
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June 15, 2011, 09:33:59 AM |
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Yes, I just stuck in the current values, and they tally with my records of what I am currently getting. We need more pools out there. I don't think the current pool is going to be able to handle the number of people coming over to NMC by the end of today, and the coming days. getting a lot of disconnects and miner idle, thus not realising the true hash/s ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) pool can't handle the number of people, and soloing isn't viable, unless your have a LOT of miners or you are extremely patient.
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Sjalq (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 15, 2011, 09:37:58 AM |
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Soloing is viable, you should get 2 hits per day at 1550 MHashes. That pool is VERY UNSTABLE! Can't believe I'm only doing this now, had the idea a while back, should have just mined a few thousand! BTW Who in this thread thinks it's ethical to delete the thread so we can mine on our lonesome?? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) mine mine mine mine mine mine mine *Image Removed* 18WMxaHsxx6FuvbQbeA33UZud1bnmD7xY3
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Chucksta
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 15, 2011, 09:56:07 AM |
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Soloing is viable, you should get 2 hits per day at 1550 MHashes. That pool is VERY UNSTABLE! Can't believe I'm only doing this now, had the idea a while back, should have just mined a few thousand! BTW Who in this thread thinks it's ethical to delete the thread so we can mine on our lonesome?? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Yeah, viable, but luck can be a bitch, as she was with me yesterday ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) It's only been this last week, that you could be sure to sell all that you mined, and at the higher prices. I only jumped on board about a week and a half ago, after about a week of trialling it. UNSTABLE... hell yeah... I've got over 3Ghash/s, but generally only shows as under 2Ghash/s on the pool ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) No way to hide this from anyone now. The word is out. I tried to keep it quiet for as long as possible, but then 2 days ago a Russian group found out that NMC was far more profitable (one days I made $1465!!), then they put the word out, and NMC mining just took off, thus resulting in a MAJOR increase in difficulty !! Ofc with the current price increase NMC/BTC, 1550 Mhash/s = 2 blocks = 9 to 10 BTC per day So, why the F is anyone still mining BTC !!!
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Oldminer
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June 15, 2011, 10:41:58 AM Last edit: June 15, 2011, 11:08:37 AM by Oldminer |
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Ok I'll give it a go
Ive run namecoind under windows and opened another dos window and have downloaded all the blocks but now what? Ive taken a punt I need to run the getwork cmd but am I actually mining?
This is what I'm seeing:
c:\>Namecoin\namecoind getinfo { "version" : 32150, "balance" : 0.00000000, "blocks" : 12628, "connections" : 8, "proxy" : "", "generate" : false, "genproclimit" : -1, "difficulty" : 15071.20565385, "hashespersec" : 0, "testnet" : false, "keypoololdest" : 1308133738, "paytxfee" : 0.00000000, "errors" : ""
Also, how do u select the program to mine using the CPU instead of my video card?
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MikesMechanix
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June 15, 2011, 10:44:01 AM |
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I'm solo mining with some 2 GHash/sec (I've got my own private pool setup). Been averaging only slightly above a block/day tho. Luck is a bitch.
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Grinder
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June 15, 2011, 10:54:35 AM |
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Too bad the pool is down more than 50% of the time after people started bragging so much about how profitable it is to mine namecoins. Doesn't help that the price went down 35% the last few hours either.
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Chucksta
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June 15, 2011, 11:23:40 AM Last edit: June 15, 2011, 11:41:49 AM by Chucksta |
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Ok I'll give it a go
Ive run namecoind under windows and opened another dos window and have downloaded all the blocks but now what? Ive taken a punt I need to run the getwork cmd but am I actually mining?
This is what I'm seeing:
c:\>Namecoin\namecoind getinfo { "version" : 32150, "balance" : 0.00000000, "blocks" : 12628, "connections" : 8, "proxy" : "", "generate" : false, "genproclimit" : -1, "difficulty" : 15071.20565385, "hashespersec" : 0, "testnet" : false, "keypoololdest" : 1308133738, "paytxfee" : 0.00000000, "errors" : ""
Also, how do u select the program to mine using the CPU instead of my video card?
Mining softare/config is the same as for BTC... check the forum for specifics: http://dot-bit.org/forumwith the phoenix miner connecting to the Bitpark pool, I have a bat file with: phoenix.exe -u http://NFcqBy2wEnRKjBZZD5AGoTt37zwd5WrhLQ:password@bitparking.com:9098/ -k poclbm BFI_INT VECTORS AGGRESSION=13 WORKSIZE=128 DEVICE=0 FASTLOOP=false NFcqBy2wEnRKjBZZD5AGoTt37zwd5WrhLQ = needs to be your address get that by entering at the command prompt: namecoind getgenerate or namecoind getgenerate >> address.txt which will place the address in a text file ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) password can be anything, it's not actually used No idea about CPU... not good for mining, but I suppose if you use the -t <number of threads -1> flag you could use it alongside the GPU without affecting the GPU performance Too bad the pool is down more than 50% of the time after people started bragging so much about how profitable it is to mine namecoins. Doesn't help that the price went down 35% the last few hours either.
Yeah, nightmare. Major waste of hash rate. Need more pools ! The mass of miners who joined up recently, now have 24 hours plus of coins, and they have obviously started to unload them.
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Oldminer
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June 15, 2011, 11:51:05 AM |
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Thanks for that Ive got it configured using Phoenix (set to use CPU) but its just hanging on connecting.. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) I also read somewhere the port to use is 8334?
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Oldminer
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June 15, 2011, 12:05:40 PM |
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Ok got it up and running ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) \>namecoin\namecoind getinfo "version" : 32150, "balance" : 0.00000000, "blocks" : 12654, "connections" : 8, "proxy" : "", "generate" : true, "genproclimit" : -1, "difficulty" : 15071.20565385, "hashespersec" : 4173746, "testnet" : false, "keypoololdest" : 1308133738, "paytxfee" : 0.00000000, "errors" : "" Looks like its using my CPU but my hash rate & GPU usage has dropped by about a 1/3 mining for Bitcoin?
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