|
Goldshredder
|
 |
September 30, 2013, 03:07:40 AM |
|
New here. I was wondering if there was any way to let my computer automatically watch profitability of different coin minings and then adjust to the most profitable coin. ie Is there a way of checking http://dustcoin.com/mining or http://coinchoose.com/ and, upon finding the most profitable coin to mine, have cgminer change to that coin? [i'm talking scrypt mining here, but I suppose the same idea would apply to sha-256] With all the variation in price, it seems like there should be some easy way to do this. Thanks |
|
|
|
|
anixosees
Newbie
 Offline
Activity: 30
Merit: 0
|
|
September 30, 2013, 05:02:06 PM |
|
New here. I was wondering if there was any way to let my computer automatically watch profitability of different coin minings and then adjust to the most profitable coin. ie Is there a way of checking http://dustcoin.com/mining or http://coinchoose.com/ and, upon finding the most profitable coin to mine, have cgminer change to that coin? [i'm talking scrypt mining here, but I suppose the same idea would apply to sha-256] With all the variation in price, it seems like there should be some easy way to do this. Thanks Gonna throw middlecoin.com out there again. As Goldshredder mentioned on the last page the fees (almost 4%) are on the high side, but they do all the heavy lifting for you. They automatically switch between the most profitable coins, sell them, and then pay out in BTC. |
|
|
|
|
|
leoragraves666
|
|
October 01, 2013, 10:52:49 AM |
|
The only altcoin worth something is litecoin, and it is not worth much Per unit it is still worth more than almost every currency in the world  That's something. This is true, but I was thinking more in means of its durability, I don't think it will last |
PC & Mac repairs
|
|
|
|
tautvilis
|
|
October 01, 2013, 01:01:18 PM |
|
Nice guide, it actually helped me right now
|
|
|
|
|
fatfishy
Newbie
Offline
Activity: 1
Merit: 0
|
|
October 01, 2013, 03:09:46 PM |
|
I'd like some more alt coins that are sha-256 since thats all that asic miners can run, I've tried multi pool but one of the more profitable coins were down, also your going to have to do alot of trading to unload all those coins to btc. Also the most profitable one at the time mining may not be the most profitable one come trading time so I'm just going to stick to the more healthy coins.
|
|
|
|
|
0007
Newbie
Offline
Activity: 4
Merit: 0
|
|
October 01, 2013, 03:21:16 PM |
|
I often wonder why there is no online wallets with the other cryptocurrencys
|
|
|
|
|
|
leoragraves666
|
|
October 07, 2013, 08:06:02 AM |
|
I often wonder why there is no online wallets with the other cryptocurrencys
Lots of them are just made for fun or to take of the load from Litecoin, to keep the difficulty from rising. To keep people busy  |
PC & Mac repairs
|
|
|
netsurf83
Newbie
Offline
Activity: 14
Merit: 0
|
|
October 10, 2013, 02:00:43 AM |
|
Almost all of the alt-coins out there are going to be a waste of time. They're being created to take advantage of people who get super excited about different things and then get pumped and dumped. Be careful about wasting time with too many alt coins. Be careful about downloading files, seems like there's plenty of wallet stealers around hidden as alt coin miners.Seen some more of this recently, so wanted to highlight the point. Here's some good info from later in the thread: 1) Don't just trust the status of a member, anyone can write 500 posts and be a hero member in a short period. This just means that he invested some time on his membership. He can always decide that a profitable scam will be a good payment for his time. 2) Never deal with anyone without doing a search in the forum with his nickname, in order to check if he has scam accusations. 3) Ask for his coin address and always search it on blockchain.info or www.cryptocoinexplorer.com to verify if his address has the amounts he is claiming. 4) Be very suspicious about proposals well under market price or if he accepts your proposal under market price with no negotiation. 5) Look for the reputation of the member (his successful trades, in the form of vouches from the other party on the deal). 6) Even if he has some reputation, never send all the money in one transfer: send one first very small tranche (0.1 btc might be a good start) and wait for his payment. Send a second little higher tranche and wait again, etc. Small increments, because he might decide to pay you the first and second, to scam a bigger tranche. Always suspect if he doesn't accept to trade in small tranches. 7) If he has no reputation (including most cases when he is a newbie or a Jr.), even small tranches are a risk. Better use an escrow system, like the one of bitmit.net, or a trusted member, or you might need to send over 10 very small tranches. It can be annoying, but loosing your money will be more. 8] For big amounts always use an escrow system, unless the member has an excellent reputation. Since this thread is a sticky, I decided to post this here. Any moderator or member feel free to move, copy or improve these rules at will. I think litecoin will take off in 2014. It is built better than bitcoin and when all the ASICs come out it will likely push everyone to GPU mining. My 2 cents... |
|
|
|
|
Coingrounds
Newbie
Offline
Activity: 3
Merit: 0
|
|
October 10, 2013, 03:42:20 AM |
|
nooo whats happening to LTC!!!
|
|
|
|
|
|
r3wt
|
|
October 10, 2013, 03:52:25 AM |
|
|
My negative trust rating is reflective of a personal vendetta by someone on default trust.
|
|
|
Samir_H
Member
Offline
Activity: 83
Merit: 10
|
|
October 10, 2013, 01:18:20 PM |
|
I think litecoin will take off in 2014. It is built better than bitcoin and when all the ASICs come out it will likely push everyone to GPU mining. My 2 cents...
Coin needs to be used to take off and I don't see that anything else but BTC is used enough. |
|
|
|
|
jackjack
Legendary
Offline
Activity: 1176
Merit: 1281
May Bitcoin be touched by his Noodly Appendage
|
|
October 10, 2013, 04:48:55 PM |
|
It is built better than bitcoin
How? |
Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2 Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc. |
|
|
|
r3wt
|
|
October 10, 2013, 05:30:10 PM |
|
It is built better than bitcoin
How? dis nigga is high!!! built better than bitcoin... dis nigga is high! litecoin is a (hopelessly insecure, freak expirement)piece of shit |
My negative trust rating is reflective of a personal vendetta by someone on default trust.
|
|
|
atbr1234
Newbie
Offline
Activity: 2
Merit: 0
|
|
October 12, 2013, 05:32:56 PM |
|
Almost all of the alt-coins are there are going to be a waste of time. They're being created to take advantage of people who get super excited about different things and then get pumped and dumped.
Be careful about wasting time with too many alt coins.
Agree, but it is more satisfying to be able to mine whole coins for newcomers, who often don't have much of a setup or GPU. I love the alt coins. They're fun (even if just for now). True that. It is kind of discouraging when you can only mine .00001 of a bitcoin. Mining a whole Litecoin or something is much more satisfying. As long as you can change alt coins to bitcoin ot lightcoin it never is a waste |
|
|
|
|
gert63
Member
Offline
Activity: 123
Merit: 10
|
|
October 13, 2013, 04:29:41 PM |
|
Almost all of the alt-coins are there are going to be a waste of time. They're being created to take advantage of people who get super excited about different things and then get pumped and dumped.
Be careful about wasting time with too many alt coins.
Agree, but it is more satisfying to be able to mine whole coins for newcomers, who often don't have much of a setup or GPU. I love the alt coins. They're fun (even if just for now). True that. It is kind of discouraging when you can only mine .00001 of a bitcoin. Mining a whole Litecoin or something is much more satisfying. As long as you can change alt coins to bitcoin ot lightcoin it never is a waste there are so many alt coins..i do not now to start |
|
|
|
|
josephliton
|
|
October 14, 2013, 12:08:28 PM |
|
Bitcoin has the biggest buzz in the world of cryptocurrencies, but there are its alternatives.
|
|
|
|
Tsunamirain
Full Member
Offline
Activity: 210
Merit: 100
Incakoin= Incagold
|
|
October 15, 2013, 01:45:12 AM |
|
|
|
|
|
Ehill
Newbie
Offline
Activity: 5
Merit: 0
|
|
October 15, 2013, 04:02:54 AM |
|
Just go to a multi pool and rape all the coins
|
|
|
|
|
b4w3
Newbie
Offline
Activity: 5
Merit: 0
|
|
October 16, 2013, 12:57:08 PM |
|
So what should my GPUs mine? To weak for BTC, LTC is not profitable right now... I'm trying my luck with a multi coin pool, but I'm not really happy with the result. Any suggestions?
|
|
|
|
|
whizz94
Full Member
Offline
Activity: 149
Merit: 100
Solar Bitcoin Specialist
|
|
October 16, 2013, 04:49:55 PM |
|
GPU was great hardware for difficulty 10^5 bitcoin mining but does not do much now that bitcoin difficulty is >10^8.
Rather than find another copycatcoin, I'm collecting expressions of interest from GPU owners who'd want to download alt software well suited to GPU specs and run their GPU for 'payment per share in task X" where task X must be truthfully articulated by project sponsor and must be of public benifit; not criminal or weapons related or anything bad like that. Goal is that for shared tasks such as gene sequencing for Ash tree disease resistance there be a going rate in bitcoins per 10^6 subroutine completions which does what PPS did in bitcoin mining. This could only be available for GPU hardware and CPU hardware, as ASIC and FPGA don't have the general purpose processors for it.
If you might like the principle then please say so here.
|
|
|
|
|
|
