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Author Topic: A warning about Alt-Coins  (Read 901638 times)
mladen00
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December 11, 2013, 11:46:49 AM
 #1861

Hi everyone!
 
I created a website that include almost all cryptocoin vs USD charts and naturalyl /BTC and /LTC charts.
You can set email alerts to get alert e-mails when a given coin exchange value is higher or lower than alert value, etc.
You can use for free and if you need something special, or you have an idea please contact me: contact@cryptcha.com
 
www.cryptcha.com
 
Best Regards!

+1

IOTA
CryptoTramp
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December 11, 2013, 01:14:31 PM
 #1862

Does anyone have and opinion of which coins or Cryptocurrencies would be easiest to mine on a low hash laptop or small hash rate gpu? I'm just trying to get my foot in the door and wandering what currency requires the least hash and puts the least strain on your cpu/gpu? Obviously these would be scrypt currencies.... any ideas open to anything rightnow... I guess anything with the easiest diff. rate. Any new scrypt coins out there within the last weeks?    Huh     ---THX in Advance    ----CryptoTramp
CryptoTramp
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December 11, 2013, 01:29:17 PM
 #1863

Hi everyone!
 
I created a website that include almost all cryptocoin vs USD charts and naturalyl /BTC and /LTC charts.
You can set email alerts to get alert e-mails when a given coin exchange value is higher or lower than alert value, etc.
You can use for free and if you need something special, or you have an idea please contact me: contact@cryptcha.com
 
www.cryptcha.com
 
Best Regards!

+1
     Exceptional website especially for a beta. Im sure this will get even better over time. Keep up the good work. ----CryptoTramp
cexylikepie
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December 11, 2013, 03:38:28 PM
 #1864

thanks for the info. didnt think about the fake miners
Zenchuck
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December 11, 2013, 03:56:23 PM
 #1865

Does anyone have and opinion of which coins or Cryptocurrencies would be easiest to mine on a low hash laptop or small hash rate gpu? I'm just trying to get my foot in the door and wandering what currency requires the least hash and puts the least strain on your cpu/gpu? Obviously these would be scrypt currencies.... any ideas open to anything rightnow... I guess anything with the easiest diff. rate. Any new scrypt coins out there within the last weeks?    Huh     ---THX in Advance    ----CryptoTramp

I started DigitalCoin with 28/kH/s. Just started mining last week.

IMHO - we missed the boat.
cwalker88
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December 11, 2013, 03:57:57 PM
 #1866

There has been a lot of debate about cryptographic currencies in general having no intrinsic value, and fundamentally being glorified Ponzi schemes. The Bitcoin debate between Stefan Molyneux and Peter Schiff is one of the more notable debates that I have seen. I definitely see them having value as an experimental foundation for digital currencies backed by something tangible in the future. Does anyone in this forum have any other thoughts to add?


WeTube: https://www.youtube.com/channel/UC9cydesWzv8lVQh3us0fSWA
kokoto
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December 11, 2013, 04:02:30 PM
 #1867

Hello everybody! Sorry for the empty post, but I need to make one in order to write post on Quark Coin. That coin is why I got here.. I think it's interesting.
BTCsovjet
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December 11, 2013, 04:10:30 PM
 #1868

Hi everyone!
 
I created a website that include almost all cryptocoin vs USD charts and naturalyl /BTC and /LTC charts.
You can set email alerts to get alert e-mails when a given coin exchange value is higher or lower than alert value, etc.
You can use for free and if you need something special, or you have an idea please contact me: contact@cryptcha.com
 
www.cryptcha.com
 
Best Regards!

This is great, have been looking for something like this. Looks great.

big ups!
alyons
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December 11, 2013, 06:04:10 PM
 #1869

Does anyone have and opinion of which coins or Cryptocurrencies would be easiest to mine on a low hash laptop or small hash rate gpu? I'm just trying to get my foot in the door and wandering what currency requires the least hash and puts the least strain on your cpu/gpu? Obviously these would be scrypt currencies.... any ideas open to anything rightnow... I guess anything with the easiest diff. rate. Any new scrypt coins out there within the last weeks?    Huh     ---THX in Advance    ----CryptoTramp

I started DigitalCoin with 28/kH/s. Just started mining last week.

IMHO - we missed the boat.

Some days I feel that way, other days I don't. I only run about 1MH currently, and I have a small proforma I built in Excel to help me stay objective. My advantage is that I've been a unix admin and software developer for over 20 years, and can build very low cost efficient GPU mining rigs.

The exchanges are critical, I try and 'color up' to BTC from all my alt-coin stashes about twice a week, but the most frustrating thing has been the severe delays some exchanges have for deposits, and that really hurts the ability to 'day trade' at all. I can only assume there will be major improvements over the next few months as popularity has sky rocketed.

My daily revenue on 1mh is about $25 gross, of course I would prefer a bigger daily nut, but it all depends on the current value of BTC and the  alt-coin's volume and ratio to it. I try and focus on low diff, and hope for a value rise.

I run 2x rigs, one has a 7970 and the other is a 6870. I do 300khs on the 6870 all day steady, the 7970 is around 700khs all day steady. Both are open rigs, running centos 6.4 from a USB stick. So the cost is motherboard (cheapest), cpu (cheapest), PSU (the 7970 is more expensive), 4G ram (cheap) and a 8g USB stick and video card. I am hoping to build 8 more systems over the next 3-4 months unless Avalon is real and actually does come out. I also have a dual GPU but I am starting to really think dual card is not cost effective, no linear benefit to adding cards really and the added PSU cost and MB is close to a single minimum rig requirement.

IMHO - running under 1000khs is a waste of time and energy, and targeting 4000khs is a good goal to really see benefits.

I've been reading on this forum for about a month, but today I decided to start an account and get more involved.
ajochems
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December 11, 2013, 06:24:06 PM
 #1870

Everything also depends heavily on which currency you will be mining. Some give better results for now than others. You need to stay on top of a lot of factors to get the most out of your hardware setup.



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gypsyhouse
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December 11, 2013, 07:01:04 PM
 #1871

Greetings All!

Does anyone have any recommendation regarding alt-coins that are just starting out?  I'm looking to buy into coins that are in their infancy or still in development.  The only interesting one I've been able to find so far is ADT.  Does anyone know anything about ADT or about coins like it or at their similar level?

Thanks in advance...
MrPapillon
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December 11, 2013, 07:48:10 PM
 #1872

Hi everyone,
I am trying to mine sexcoins and stable coins and I have have some trouble:
- I don't know how to register to one of the main sexcoin pool: http://sxc.outhashed.com:9699/static/ (I don't see any "register" and no info is given on the first post of the sexcoin thread here https://bitcointalk.org/index.php?topic=252896.0).
- I don't know how to aknowledge the pool server of my poor hashrate: my miner claims 9Kh/s and the pool difficulty is 32. I know that it's possible to set some "user difficulty" on some pools when specifying the worker adddress like here cgminer --scrypt -o http://sexcoin.lavajumper.com:9699 -u YourSexcoinAddress -p x --expiry 5 --scan-time 5 --queue 0. It also does not work with the pools I am using. Is there something I can do here ?
bitcoin_UK
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December 11, 2013, 08:28:51 PM
 #1873

Generally I like to have a few of all the coins out there, maybe some I won't pay attention to because they are silly but having a few of as many as you can get your hands on is certainly wise.
CasinoCoiner
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December 11, 2013, 09:48:44 PM
 #1874

Hi,

There wasn't any good CasinoCoin pools in Europe so I created one: http://casinocoin.mooo.com:8840/

If you want to use it, something like this:

Quote
cgminer -o stratum+tcp://casinocoin.mooo.com:8840 -u Cyourcasinocoinaddress -p x --expiry 1 --scan-time 1 --queue 0 --no-submit-stale

should work well, you can also change the difficulty by changing the username to something like this  Cyourcasinocoinaddress+0.00058

Some example values that you can use.

Kh/s        Difficulty
1           +0.00000116
50          +0.000058
100         +0.000116
250         +0.00029
500         +0.00058
750         +0.00087
1000        +0.00116
1500        +0.00174
1750        +0.00203
2000        +0.00232

Usual 1% fee, I might lower it down to 0.5% if it goes past 100Mh/s. I was hoping to post this to here: https://bitcointalk.org/index.php?topic=258090, but apparently I'm a noob Smiley
alyons
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December 11, 2013, 10:40:56 PM
 #1875

Everything also depends heavily on which currency you will be mining. Some give better results for now than others. You need to stay on top of a lot of factors to get the most out of your hardware setup.

I absolutely agree  the hash power of an individual rig from my experience, suits the rig to certain coins better than others. Everyone should mine a variety in order to better understand not only hardware but also the coin design.

Do you think there is a market for bootable USB centos or Ubuntu images that are essentially plug and play?
peta4e
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December 11, 2013, 10:45:44 PM
 #1876

Great, thank you!
PenAndPaper
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December 12, 2013, 01:17:45 AM
 #1877

Everything also depends heavily on which currency you will be mining. Some give better results for now than others. You need to stay on top of a lot of factors to get the most out of your hardware setup.

I absolutely agree  the hash power of an individual rig from my experience, suits the rig to certain coins better than others. Everyone should mine a variety in order to better understand not only hardware but also the coin design.

Do you think there is a market for bootable USB centos or Ubuntu images that are essentially plug and play?

How exactly understand the coin design by mining different coins. The only thing that you do is running different miners. Primecoin's mining might me a little different but for most of us we just mine without really knowing what's happening in the background.
Lala
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December 12, 2013, 08:53:34 AM
 #1878

Thanks his info will help me out
Spakler
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December 12, 2013, 10:31:55 AM
 #1879

I try to mine at casinocoin.mooo.com:8840 but no mine results show up in my casinocoin-qt. Already have 20461 accepted shares in cgminer. Why aren't any results showing up in my qt?
danny0201
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December 12, 2013, 10:35:18 AM
 #1880

Thanks guys... Smiley
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