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donjonson (OP)
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June 25, 2013, 01:07:17 PM
Last edit: June 26, 2013, 12:03:58 AM by donjonson |
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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...?
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I'm just a simple guy swimming in a sea of sharks.
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tom_o
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June 25, 2013, 03:12:12 PM |
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Or just 51% them all.
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koin
Legendary
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Activity: 873
Merit: 1000
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June 25, 2013, 03:49:22 PM |
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Or any other option...?
sell the hardware and buy at an exchange? |
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marhjan
Full Member
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Activity: 215
Merit: 105
Poorer than I ought to be
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June 25, 2013, 03:55:33 PM |
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I would probably be mining bitcoin with 40Ghash
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Donations happily accepted @ 15qxNsc7pBiz5kXpAJykw4etzMbZitm2mk
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temor
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June 25, 2013, 03:58:31 PM |
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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 |
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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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cp1
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June 25, 2013, 05:00:36 PM |
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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 |
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Sorry guys I just edited the original question. I was meaning 40MH!
The question remains the same.
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I'm just a simple guy swimming in a sea of sharks.
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coinerd
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June 26, 2013, 12:15:05 AM |
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Very Happily  (Says a guy with about 9 Kh/s) |
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anderl
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June 26, 2013, 12:16:25 AM |
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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. |
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Cyberdyne
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June 26, 2013, 12:54:44 AM |
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I would just ship it off to litecoinpool - Is that PPS?  Mining noob here getting 50 40 kH/s. |
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Cyberdyne
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June 26, 2013, 12:57:18 AM |
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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 |
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coinerd
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June 26, 2013, 01:09:51 AM |
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I would just ship it off to litecoinpool - Is that PPS? 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. |
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Hydroponica
Full Member
Offline
Activity: 182
Merit: 100
fml
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June 26, 2013, 01:12:02 AM |
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That would mean I have 40GH/s for BTC, so, um, BTC
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lazydna
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June 26, 2013, 01:24:11 AM |
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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. |
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Hydroponica
Full Member
Offline
Activity: 182
Merit: 100
fml
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June 26, 2013, 01:32:49 AM |
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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  |
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lazydna
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June 26, 2013, 01:37:09 AM |
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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 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. |
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diatonic
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June 26, 2013, 01:49:24 AM |
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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 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 |
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pm stevenlam for further infomations,hehe jk |
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