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Author Topic: How many newbies are mining?  (Read 24765 times)
HASHRA
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HASHRA - MINING TO THE MOON


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January 24, 2014, 11:03:34 AM
 #441

Great to see so many newbie miners... its good for the network plus there's loads of altcoins these days too. The altcoin market is only going to get bigger too.

There will be losers but from time to time there will be altcoin winners.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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9187dow
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January 24, 2014, 01:26:13 PM
 #442

All these altcoins are very confusing for a beginner like myself, hard to sapparate the good from the bad
newts
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January 24, 2014, 01:34:37 PM
 #443

I did the math,  mining BTC's isn't worth the cost of electricity?  So why is it being done?
Altcoinblog.net
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January 24, 2014, 02:36:12 PM
 #444

I've been mining for a year with a milk crate rig powered by three Sapphire 7950's. It's been fun and very interesting.
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January 24, 2014, 04:18:47 PM
 #445

I did the math,  mining BTC's isn't worth the cost of electricity?  So why is it being done?

If they don't have asics people mine alt coins, mostly scrypt based,  they can still be profitable.

Plus, some users support the ideology even if it's not too profitable.
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January 24, 2014, 04:22:41 PM
 #446

Not newbie, in crypto for over a year, have been mining for less than 20 hours on shitty Nvidia, but it has mined so small amount, that I've decided to buy some altcoins instead of mining.
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January 24, 2014, 04:37:53 PM
 #447


 mining since mid dec '13, i've tried as many alts as i can, "diversifying my holdings", + has a good learning benefit: separate the seed from the chaff! (but sometimes the chaff is worth more in the short run)
   i think what weare doing here is revolutionary

in the hands of the ppl is where our coin should be

so soon you will be printing real money right off that old HP of yours  Grin

loose the sword that is your pen or tongue [or bittorrent enabled computer] and help fight the so-called new world order   it is the enemy of humanity[/b][/url]  |  Sign-up @ Aurovine to get FREE HD music ... and coins!| |
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January 24, 2014, 08:04:19 PM
 #448

Mining Klondike Coins for the last 2 weeks with 2 7950's. You have to choose the coins you mine carefully to earn the most BTC
bearbear
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January 24, 2014, 08:13:01 PM
 #449

just starting here.. I don't know which one to mine
colinfx
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January 24, 2014, 08:15:13 PM
 #450

Mining here.... Now 6Mh/s with 10 x 7970's - not running as fast as they can but at least stable.

Have been lucky with my first mined coins - both DOGE and MOON.
coinerbit
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January 25, 2014, 01:27:01 PM
 #451

Just started mining for the first time this weekend.. was hoping to mine some new alt coin on upon it's release  but    all the ones i decided to try this weekend have been fail launch

Hopefully somethin good comes around by monday
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January 25, 2014, 02:48:40 PM
 #452

finally got my first 280x running ...720khs avg

gotta setup the other 3 280x
groggin
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January 25, 2014, 04:27:52 PM
 #453

finally got my first 280x running ...720khs avg

gotta setup the other 3 280x

would you mind sharing your settings? i can only get ~670 khps in linux, ~570 khps/windoz (visiontek r-280x) though i think it might be the PCIEx16 slots/mobo i have are kinda old - they are v.2.0....

loose the sword that is your pen or tongue [or bittorrent enabled computer] and help fight the so-called new world order   it is the enemy of humanity[/b][/url]  |  Sign-up @ Aurovine to get FREE HD music ... and coins!| |
QuarkZ
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January 25, 2014, 06:33:28 PM
 #454

I mine a little bit, but really more for fun than anything else since i get maybe 280khps. But still i make a few coins lol
shinratensei
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February 04, 2014, 03:41:52 PM
 #455

I Prefer trading over mining
prolom
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February 05, 2014, 04:38:40 AM
 #456

finally got my first 280x running ...720khs avg

gotta setup the other 3 280x

would you mind sharing your settings? i can only get ~670 khps in linux, ~570 khps/windoz (visiontek r-280x) though i think it might be the PCIEx16 slots/mobo i have are kinda old - they are v.2.0....

I'm not an expert on this, just sharing my experience. I have 2 different models of HIS 280x and one hashes at 730 and runs cooler, the other is at 620-ish and lower and runs hotter. Funny thing is the slower card is a higher end model I believe (1000 core clock vs 850)...  I tried them both on 2 different Windows 7 boxes, one with an old MB, one with newer. I ordered 2 more of the faster ones.... Weird because the cards are damn near identical.

The faster one - fan runs at 56%:
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1p
C:\...\cgminer.exe --scrypt  -o stratum+tcp:*** -I 13 --thread-concurrency 11200 -g 2 -w 256 -I 13 --gpu-engine 1050 --gpu-memclock 1500 --gpu-powertune -20 --expiry 1 --scan-time 1 --queue 0 --no-submit-stale

the slower one - if I run it at the same settings as the other card the fan goes to 100% and it gets overheated anyway (although it does clear the 720 when it's not throttled down for overheating), under the following settings the fan is 61% :
setx GPU_MAX_ALLOC_PERCENT 90
setx GPU_USE_SYNC_OBJECTS 1p
blah blah... -I 13 --thread-concurrency 8192 -g 2 -w 256 -I 13 --gpu-engine 1000 --gpu-memclock 1500 --gpu-powertune -20 --expiry 1 --scan-time 1 --queue 0 --no-submit-stale




johnnyblack80
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March 09, 2014, 03:35:10 AM
 #457

it just doesn't work to mine with GPUs anymore,
here in Australia electricity cost is massive

Is there any ASICs for Scrypt based coins?
preshpresh
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April 21, 2015, 04:27:52 AM
 #458

only shit ones, so ive read.

i intend on shutting down my few rigs once i get brave enough to try trading.

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KimNam
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April 21, 2015, 09:49:08 AM
 #459

i used to mine bitcoin when i still newbie, that's a lot fun to mining at the time.
but after that, many ASIC monster released and destroy our previous hashrate, difficulty increase and i decide to sell my mining hardware.
Never mining again after that, i prefer trading over mining
it just doesn't work to mine with GPUs anymore,
here in Australia electricity cost is massive

Is there any ASICs for Scrypt based coins?
i think there are ASICs for scrypt, like gridseed products if i'm not wrong
just looking for it in mining goods section
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