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Author Topic: If you had 40MH to mine alt coins... How would you mine them?  (Read 1538 times)
donjonson (OP)
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June 25, 2013, 01:07:17 PM
Last edit: June 26, 2013, 12:03:58 AM by donjonson
 #1

If you had 40MH to mine alt coins... How would you mine them?

- Solo mining
- Your own pool
- Pool PPS
- Pool PPLS

Or any other option...?

I'm just a simple guy swimming in a sea of sharks.
tom_o
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June 25, 2013, 03:12:12 PM
 #2

Or just 51% them all.
koin
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June 25, 2013, 03:49:22 PM
 #3

Or any other option...?

sell the hardware and buy at an exchange?
marhjan
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June 25, 2013, 03:55:33 PM
 #4

I would probably be mining bitcoin with 40Ghash

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JohnDorien
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June 25, 2013, 03:57:45 PM
 #5

solo.
temor
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June 25, 2013, 03:58:31 PM
 #6

Or just 51% them all.

This.

I would then put some on Litecoin and the rest on Bitcoin. The rest can and will burn in a special place in hell.

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diatonic
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June 25, 2013, 04:53:18 PM
 #7

I'd mine solo on any scrypt coins, and probably mmpool for BTC/NMC/IXC/DVC if I didn't feel like constantly trying to maximize profit.

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June 25, 2013, 05:00:36 PM
 #8

If you could mine at 40GH/sec for scrypt doesn't that translate to 40TH/sec for bitcoin?  I'd do bitcion at that rate.

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donjonson (OP)
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June 26, 2013, 12:03:46 AM
 #9

Sorry guys I just edited the original question. I was meaning 40MH!

The question remains the same.

I'm just a simple guy swimming in a sea of sharks.
coinerd
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June 26, 2013, 12:15:05 AM
 #10

Very Happily  Grin

(Says a guy with about 9 Kh/s)
anderl
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June 26, 2013, 12:16:25 AM
 #11

If you had 40MH to mine alt coins... How would you mine them?

- Solo mining
- Your own pool
- Pool PPS
- Pool PPLS

Or any other option...?

depends on the size of the network you are trying to mine and what you are mining for, speculation, investment, cash flow?

but with 40MHs you would be good to solo mine.
Cyberdyne
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June 26, 2013, 12:54:44 AM
 #12

I would just ship it off to litecoinpool - Is that PPS? Smiley

Mining noob here getting 50 40 kH/s.
Cyberdyne
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June 26, 2013, 12:57:18 AM
 #13

If you had 40MH to mine alt coins... How would you mine them?

- Solo mining
- Your own pool
- Pool PPS
- Pool PPLS

Or any other option...?

depends on the size of the network you are trying to mine and what you are mining for, speculation, investment, cash flow?

but with 40MHs you would be good to solo mine.

Why do these people not solo mine?

Top Current Hash Rates
User   kH/s   LTC/d
1   asun023   163,213   204.7
2   omgomg   78,909   99.0
3   yochdog   75,393   94.6
4   stanwolls   72,471   90.9
5   fjshwyh   66,906   83.9
6   trungkd41   50,038   62.8
7   cowcow   49,045   61.5
8   savumi   44,019   55.2
9   Boozer   43,928   55.1
coinerd
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June 26, 2013, 01:09:51 AM
 #14

I would just ship it off to litecoinpool - Is that PPS? Smiley

Mining noob here getting 50 40 kH/s.

Why do these people not solo mine?

Top Current Hash Rates
User   kH/s   LTC/d
1   asun023   163,213   204.7
2   omgomg   78,909   99.0
3   yochdog   75,393   94.6
4   stanwolls   72,471   90.9
5   fjshwyh   66,906   83.9
6   trungkd41   50,038   62.8
7   cowcow   49,045   61.5
8   savumi   44,019   55.2
9   Boozer   43,928   55.1


Because this way they get part of any blocks you find, too (that works both ways).

This is reasonable on Litecoin.

If you're arriving with 300 - 400% the network hash rate, it's not a problem and you don't need to share.
Hydroponica
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June 26, 2013, 01:12:02 AM
 #15

That would mean I have 40GH/s for BTC, so, um, BTC

lazydna
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June 26, 2013, 01:24:11 AM
 #16

That would mean I have 40GH/s for BTC, so, um, BTC

why would you do that...
say he has 40G or M.hash of power from GPU's.

if profitability of LTC is 30% more then BTC.

he could get 30% - exchange commission from mining LTC over BTC.

if you have a GPU, you have absolutely no reason to be mining BTC.

Hydroponica
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June 26, 2013, 01:32:49 AM
 #17

That would mean I have 40GH/s for BTC, so, um, BTC

why would you do that...
say he has 40G or M.hash of power from GPU's.

if profitability of LTC is 30% more then BTC.

he could get 30% - exchange commission from mining LTC over BTC.

if you have a GPU, you have absolutely no reason to be mining BTC.

Mine the BTC, hold it until BTC hits $250 again, ching, ching, rinse, repeat Roll Eyes

lazydna
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June 26, 2013, 01:37:09 AM
 #18

That would mean I have 40GH/s for BTC, so, um, BTC

why would you do that...
say he has 40G or M.hash of power from GPU's.

if profitability of LTC is 30% more then BTC.

he could get 30% - exchange commission from mining LTC over BTC.

if you have a GPU, you have absolutely no reason to be mining BTC.

Mine the BTC, hold it until BTC hits $250 again, ching, ching, rinse, repeat Roll Eyes

then why don't you just mine litecoins, at 30% more profitability, exchange to BTC, and hold?
it only costs 0.002% to exchange from LTC to BTC.

diatonic
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June 26, 2013, 01:49:24 AM
 #19

That would mean I have 40GH/s for BTC, so, um, BTC

why would you do that...
say he has 40G or M.hash of power from GPU's.

if profitability of LTC is 30% more then BTC.

he could get 30% - exchange commission from mining LTC over BTC.

if you have a GPU, you have absolutely no reason to be mining BTC.

Mine the BTC, hold it until BTC hits $250 again, ching, ching, rinse, repeat Roll Eyes

then why don't you just mine litecoins, at 30% more profitability, exchange to BTC, and hold?
it only costs 0.002% to exchange from LTC to BTC.

As a GPU miner with about 4.5 MH of scrypt, sha-256 coins sure are easier on my farm. Downclock RAM to nothing, much lower power, never have a GPU hang, but I mine scrypt coins because of the profit. My PSUs can take it and I have free electricity in an air conditioned server room.

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ronaldinho_07
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June 26, 2013, 02:16:38 AM
 #20

pm stevenlam for further infomations,hehe jk  Grin
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