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Author Topic: A warning about Alt-Coins  (Read 901633 times)
agc
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December 19, 2013, 09:00:58 PM
 #2181

Hi there,
I am just about to start mining.
Originially I wanted to go into Litecoin, but due to the profitability charts on coinwarz.com I decided to start with different alt-coins.
I am going to streamline my mining strategies with a self-written script.

Hardware spec:
Board:     ASRock 970 Extreme4
CPU:         AMD Sempron 145
RAM:        4GB G.SKILL DDR3 SDRAM (2 x 2GB)
Power:      Corsair AX1200i
HDD:        Toshiba MQ01ABD032 320GB
GPU:        3 x Sapphire VaporX R9 280x

All parts are here on my desk, I will start assembling asap.

Any recommendations regarding a good performing multi alt-coin pool?
I already tried miningpool.co with a low-end setup but it seems to have payout problems from time to time.

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SlidingHorn
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December 19, 2013, 09:01:29 PM
 #2182

You can keep an eye on the Alternative Cryptocurrencies forum here on BT.  Most altcoins will have announcements or even pre-announcements about launches.

You won't be able to post outside of this forum, however, until you've reached 1 post and 4 active hours logged on the forum.

Enjoy Smiley

pagefault
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December 19, 2013, 09:46:43 PM
 #2183

Hi,
did anyone try to mine Dogecoins at doge.cryptopool.it? I've been mining for 2 days (off and on, not continiously) but didn't receive any coins so far.
This also looks a bit strange: Est. Shares 496714 (done: 1918.87%). 2k%? Can you be this unlucky or is the pool broken?
Openwave
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December 19, 2013, 09:56:11 PM
 #2184

5 hours after Dogecoin launching I told my friend with a mining rig about it. He didn't mine it since he was already invested in Litecoin, and it seemed like a joke instead of an actual coin. I went ahead and mined with my pitiful CPU, but that was enough for a rate of 250,000 on the first day. Had he mined with me the first week 200,000,000 would have been easy. Lesson learned: ALWAYS mine the first day!
frambelicious
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December 19, 2013, 10:50:52 PM
 #2185

Lesson learned: ALWAYS mine the first day!
Same lesson learned here. I even mined for Apecoin, though it seems to say: "I'm just a prank" :-)
SunnyBTC
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December 19, 2013, 10:58:24 PM
 #2186

What's the most interesting alt coin?
tpsa
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December 19, 2013, 11:07:47 PM
 #2187

Are programs for mining DOGE coins safe? Can I use them on Ubuntu?
I would like to mint many of them coins for dogs. Wow.
kowalsky
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December 19, 2013, 11:41:56 PM
 #2188

Hi there,
I am just about to start mining.
Originially I wanted to go into Litecoin, but due to the profitability charts on coinwarz.com I decided to start with different alt-coins.
I am going to streamline my mining strategies with a self-written script.

Hardware spec:
Board:     ASRock 970 Extreme4
CPU:         AMD Sempron 145
RAM:        4GB G.SKILL DDR3 SDRAM (2 x 2GB)
Power:      Corsair AX1200i
HDD:        Toshiba MQ01ABD032 320GB
GPU:        3 x Sapphire VaporX R9 280x

All parts are here on my desk, I will start assembling asap.

Any recommendations regarding a good performing multi alt-coin pool?
I already tried miningpool.co with a low-end setup but it seems to have payout problems from time to time.



Try cloud servers. I'm currently minig with 15 x 8 CPUs (3 accounts at DO) = 120 CPUs for $30 Cheesy Check my tutorial for more info http://dogecoin.ga/dogecoin_mining_cloud_servers.htm

Good luck! Smiley

Are programs for mining DOGE coins safe? Can I use them on Ubuntu?
I would like to mint many of them coins for dogs. Wow.

Yes you can, look for pooler-puminer-2.3.2.tar.gz I'm using it on my cloud servers Smiley

[̲̅$̲̅(̲̅5̲̅)̲̅$̲̅]
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December 20, 2013, 12:39:22 AM
 #2189

I think alt coins aren't really necessary but I guess some competition is healthy.
-JoS-
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December 20, 2013, 01:48:28 AM
 #2190

Most of the alt-coins just look like a copycat to me.

They add pretty nothing new and are just something to mine at low diff, inflate and trade with BTC that is the only way to cash FIAT money.

Even Litecoin add just few improvements but it's still a copycat that depends on how BTC goes. Ending with one of the latest, Dogecoin, started as a joke, but at least could be considered the first viral coin, the one who approached the "mass" to the world of crypto-currencys.
AmyRose
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December 20, 2013, 02:50:30 AM
 #2191

Dogecoin for best altcoin :p
(working up to 5 posts don't mind me? xD)
wickedseraphim
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December 20, 2013, 02:59:30 AM
 #2192

Is there any list of newly announced alt-coins? I've found this thread but it was nos not updated for the last few months.

thanks!
coinwarz.com it has all kinds of handy charts and alt coin calculators. DOGE coin is currently the best to mine, I started last night.
wickedseraphim
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December 20, 2013, 03:08:11 AM
 #2193

Hi,
did anyone try to mine Dogecoins at doge.cryptopool.it? I've been mining for 2 days (off and on, not continiously) but didn't receive any coins so far.
This also looks a bit strange: Est. Shares 496714 (done: 1918.87%). 2k%? Can you be this unlucky or is the pool broken?
Down for 24 hours for server upgrades. DOGE got big in a hurry! I'm using doge.poolerino.com for tonight. It has an identical page layout. Cheesy
AmyRose
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December 20, 2013, 03:18:47 AM
 #2194

Is there any list of newly announced alt-coins? I've found this thread but it was nos not updated for the last few months.

thanks!
coinwarz.com it has all kinds of handy charts and alt coin calculators. DOGE coin is currently the best to mine, I started last night.

Difficulty is pretty hard right now, but it's still the best of any coin for profitability as far as I can tell.
dereku
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December 20, 2013, 03:34:15 AM
 #2195

Alt-coins are diff right now but still profitable for newbies to mine
boomerjackson
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December 20, 2013, 07:22:48 AM
 #2196

Anyone know of any good lottocoin pools? I only see three up and two of them dont work.
jackey_coin
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December 20, 2013, 07:32:32 AM
 #2197

considering about the Alt. And see what will happen? who know.
biltalk
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December 20, 2013, 07:57:49 AM
 #2198

 Smiley  Seen some more of this recently, so wanted to highlight the point.
tpmjb
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December 20, 2013, 08:05:01 AM
 #2199

Probably getting late to jump on the doge bandwagon. What took 2 days to mine now takes 2 weeks!

I'm using poolerino though. Good site!
theminingcanary
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December 20, 2013, 10:53:32 AM
 #2200

Hi,
did anyone try to mine Dogecoins at doge.cryptopool.it? I've been mining for 2 days (off and on, not continiously) but didn't receive any coins so far.
This also looks a bit strange: Est. Shares 496714 (done: 1918.87%). 2k%? Can you be this unlucky or is the pool broken?
Down for 24 hours for server upgrades. DOGE got big in a hurry! I'm using doge.poolerino.com for tonight. It has an identical page layout. Cheesy

+1 - MPOS is a very clean nice looking front end. Poolerino is good but for some reason the past 2 blocks have hung up and taken forever and a day to complete. Good payouts nonetheless though, come on over the waters warm.
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