Happy New Years! Seventh alt coin thread!

[philipma1957]

Phill i have a question for you,i follow your threads and most of the time you say that you either point your rigs towards nicehash or you mine zec but dont see you mentioning mining other coins that bring more profit like signatum bitcore and raven durring that period.So i was wondering is there some special reason behind that like you think zec will be huge or you just dont love shitcoins

Can't speak to phil, but I've found that those "higher profit" coins only tend to be higher profit for a day or two, then everyone "discovers" them swarms them and swamps the profitability back down to the "basket" range.
Too much work for me to "chase the profit" any more, as a general rule.

Yeah i get that part but still mining zec is on the lower part of profit..how about using multi pool/algo switchers like sniff dog or nplus miner,what do you think about them or is too much stress on gpus?

3 rants.

asics for all coins
coinswitchers
100-120% tdp miners that do rmas

Goose murdering mofos


for those that miss the reference

https://en.wikipedia.org/wiki/The_Goose_That_Laid_the_Golden_Eggs

[soothaa]

100-120% tdp miners that do rmas

Oh shit I shouldn't post a picture of all my RMAs?

[philipma1957]

100-120% tdp miners that do rmas

Oh shit I shouldn't post a picture of all my RMAs?

nope  


you goose killer you!!!

Seriously the argument in your favor would be its a fad (mining) and won't last so squeeze every nickel I can get out of it as fast as possible.
Same is true with coinswitching
and asics for all coins.

With enough believers that is exactly what happens. The goose dies a few years or even decades early.


Hey I have more rants developers charge 2% fees.  

ebwf
dstm
bminer
claymore

for zec  why?


seems to me  if you drop to 1%  even 0.5%  you would force the others out, but no only 4 guys they shake hands and stick at 2%

here is the key only 4 guys
miners  = 4000 or 40000 or 400,000 guys

it is easy for four guys to agree to rip off 40000 guys
it is not easy for 40000+ guys to agree to rip off 4 guys.

Simply post in dstm thread every miner will mine with the first developer  that drops to 0.5% fee
we think you are smarter then the other 3 morons  so we all pick you.
then to show we are real we all switch to dstm upfront, fucking the other 3 programmers and dstm sees the light and does the switch to 0.5%.


We all the zec miners in the world would never do that.
But those four programmers have all agreed to do that by all charging us 2%.
Best of all they don't ever need to talk to each other or contact each other they simply match the 2% and it is an unspoken agreement with no way to prove it.
While if we the zec miners do to them what I just typed it would be really hard for us to coordinate and may even be considered to be doing rico law violation in the USA

We work  at this disadvantage as miners all the time.

Which is why  some miners will do 110% tdp  and rma a lot
it is why a miner will do switching coins in hopes of better returns.
other tricks from gpu miners buy some cards from amazon in nov and return them in late jan.
getting 70 days of free card use.

My edge is the solar array and the willingness to not overexpand

[philipma1957]

Soon pre sale with 30% BONUS httpscom/WoroOfficial

do this again and I will tag you

[soothaa]

100-120% tdp miners that do rmas

Oh shit I shouldn't post a picture of all my RMAs?

nope  

Oh well good cause I have 0 RMAs for 0 dead cards! 

Soon pre sale with 30% BONUS httpscom/WoroOfficial

do this again and I will tag you

I reported it..

[Daaaveee]

Baikal N news has prompted me to try and offload my last 2 Vegas. Going to keep plugging away on ZEC with 7x 1060s and 2x 1070s for now, was pointed at Nicehash but fancy a change after the recent income drops!

[QuintLeo]

Phill i have a question for you,i follow your threads and most of the time you say that you either point your rigs towards nicehash or you mine zec but dont see you mentioning mining other coins that bring more profit like signatum bitcore and raven durring that period.So i was wondering is there some special reason behind that like you think zec will be huge or you just dont love shitcoins

Can't speak to phil, but I've found that those "higher profit" coins only tend to be higher profit for a day or two, then everyone "discovers" them swarms them and swamps the profitability back down to the "basket" range.
Too much work for me to "chase the profit" any more, as a general rule.

Yeah i get that part but still mining zec is on the lower part of profit..how about using multi pool/algo switchers like sniff dog or nplus miner,what do you think about them or is too much stress on gpus?

In my experience, you lose too much while switching to make up for any gains, most of the time.
The stress on your GPU would be lower, as it would have periods of just sitting around not actually mining while the algorithm gets initialized during switches.

[QuintLeo]

Hey I have more rants developers charge 2% fees.  

ebwf
dstm
bminer
claymore

for zec  why?

seems to me  if you drop to 1%  even 0.5%  you would force the others out, but no only 4 guys they shake hands and stick at 2%

EWBF *IS* configureable on dev fee.

I do agree that 2% is a total ripoff, given none of them offer any significantly higher hashrate than the others, and Claymore at 2% on his ETH miner is only worthwhile *IF* you use the dual mining feature (which IS unique), as a straight ETH miner it's VERY little or no better than the last Genoil release from what, 2 years ago?

[Marvell2]

Hey I have more rants developers charge 2% fees.  

ebwf
dstm
bminer
claymore

for zec  why?

seems to me  if you drop to 1%  even 0.5%  you would force the others out, but no only 4 guys they shake hands and stick at 2%

EWBF *IS* configureable on dev fee.

I do agree that 2% is a total ripoff, given none of them offer any significantly higher hashrate than the others, and Claymore at 2% on his ETH miner is only worthwhile *IF* you use the dual mining feature (which IS unique), as a straight ETH miner it's VERY little or no better than the last Genoil release from what, 2 years ago?

how do u change the ebwf fee

[philipma1957]

Hey I have more rants developers charge 2% fees.  

ebwf
dstm
bminer
claymore

for zec  why?

seems to me  if you drop to 1%  even 0.5%  you would force the others out, but no only 4 guys they shake hands and stick at 2%

EWBF *IS* configureable on dev fee.

I do agree that 2% is a total ripoff, given none of them offer any significantly higher hashrate than the others, and Claymore at 2% on his ETH miner is only worthwhile *IF* you use the dual mining feature (which IS unique), as a straight ETH miner it's VERY little or no better than the last Genoil release from what, 2 years ago?

how do u change the ebwf fee

it was with Novc19

[Storx]

Phill i have a question for you,i follow your threads and most of the time you say that you either point your rigs towards nicehash or you mine zec but dont see you mentioning mining other coins that bring more profit like signatum bitcore and raven durring that period.So i was wondering is there some special reason behind that like you think zec will be huge or you just dont love shitcoins

Can't speak to phil, but I've found that those "higher profit" coins only tend to be higher profit for a day or two, then everyone "discovers" them swarms them and swamps the profitability back down to the "basket" range.
Too much work for me to "chase the profit" any more, as a general rule.

Yeah i get that part but still mining zec is on the lower part of profit..how about using multi pool/algo switchers like sniff dog or nplus miner,what do you think about them or is too much stress on gpus?

In my experience, you lose too much while switching to make up for any gains, most of the time.
The stress on your GPU would be lower, as it would have periods of just sitting around not actually mining while the algorithm gets initialized during switches.

that is where most people dont understand, if you set it up correctly there is literally nearly a flawless transition from algo to algo... you need to command line the intensity and difficulty level that your cards are stable at and the way you find these numbers is through tuning and letting it sit on an algo for lots of time to so how far it goes when it tries to auto change... i set all my intensity levels and diff levels, so when my cards change algo's im less than 5 seconds up to mining fully again and not starting over on diff and ramping back up..

in regards to diff level tuning, most pools only accept shares between 20-25/min, so when you start over at diff 1 and sending hundreds a minute, that is why you get those rejected shares and when you drop below 20/min typically you will start getting duplicate share or already been computed errors, so i static mine to the 24/25 range myself.

and in regards to profit switching, im not the type that chases the drastic spikes on coins, that shit is for the birds... i tried it once and my cards were switching every 2 minutes..
I have my switching setup based on 24hr actuals, i dont try to chase the most profitable spiking coin, i just want steady income on the highest algo possible. just taking a glance at one of my rigs,
uptime: 71 days 4 hrs, switched count 107.....

so its only switched 107 times in a 71 day period, so it averaged a switch every 1.5 days basically.... my 7 day average right now is $3.41 per 1080ti per day with the most time spent on x17

[philipma1957]

Phill i have a question for you,i follow your threads and most of the time you say that you either point your rigs towards nicehash or you mine zec but dont see you mentioning mining other coins that bring more profit like signatum bitcore and raven durring that period.So i was wondering is there some special reason behind that like you think zec will be huge or you just dont love shitcoins

Can't speak to phil, but I've found that those "higher profit" coins only tend to be higher profit for a day or two, then everyone "discovers" them swarms them and swamps the profitability back down to the "basket" range.
Too much work for me to "chase the profit" any more, as a general rule.

Yeah i get that part but still mining zec is on the lower part of profit..how about using multi pool/algo switchers like sniff dog or nplus miner,what do you think about them or is too much stress on gpus?

In my experience, you lose too much while switching to make up for any gains, most of the time.
The stress on your GPU would be lower, as it would have periods of just sitting around not actually mining while the algorithm gets initialized during switches.

that is where most people dont understand, if you set it up correctly there is literally nearly a flawless transition from algo to algo... you need to command line the intensity and difficulty level that your cards are stable at and the way you find these numbers is through tuning and letting it sit on an algo for lots of time to so how far it goes when it tries to auto change... i set all my intensity levels and diff levels, so when my cards change algo's im less than 5 seconds up to mining fully again and not starting over on diff and ramping back up..

in regards to diff level tuning, most pools only accept shares between 20-25/min, so when you start over at diff 1 and sending hundreds a minute, that is why you get those rejected shares and when you drop below 20/min typically you will start getting duplicate share or already been computed errors, so i static mine to the 24/25 range myself.

and in regards to profit switching, im not the type that chases the drastic spikes on coins, that shit is for the birds... i tried it once and my cards were switching every 2 minutes..
I have my switching setup based on 24hr actuals, i dont try to chase the most profitable spiking coin, i just want steady income on the highest algo possible. just taking a glance at one of my rigs,
uptime: 71 days 4 hrs, switched count 107.....

so its only switched 107 times in a 71 day period, so it averaged a switch every 1.5 days basically.... my 7 day average right now is $3.41 per 1080ti per day with the most time spent on x17

and when done to perfection by many miners it flattens out all prices on all coins  which is the worse possible case.

but if a handful do it like you do they will do okay

[Spill]

Baikal N news has prompted me to try and offload my last 2 Vegas. Going to keep plugging away on ZEC with 7x 1060s and 2x 1070s for now, was pointed at Nicehash but fancy a change after the recent income drops!

Selling your vega's why?  Baikal has been secretly mining 75% of all the new Monero Blocks for the past
3 months, they are about to get kicked off in less then 2 weeks.  Monero is about to become profitable, at least for a short time.
Gona take my vegas off duel minning eth since bitmain probably has some kinda  FPGA or asic on eth already since the difficulty
has been skyrocketing for the past month when were in the middle of a massive gpu shortage. 

[KaydenC]

that is where most people dont understand, if you set it up correctly there is literally nearly a flawless transition from algo to algo... you need to command line the intensity and difficulty level that your cards are stable at and the way you find these numbers is through tuning and letting it sit on an algo for lots of time to so how far it goes when it tries to auto change... i set all my intensity levels and diff levels, so when my cards change algo's im less than 5 seconds up to mining fully again and not starting over on diff and ramping back up..

in regards to diff level tuning, most pools only accept shares between 20-25/min, so when you start over at diff 1 and sending hundreds a minute, that is why you get those rejected shares and when you drop below 20/min typically you will start getting duplicate share or already been computed errors, so i static mine to the 24/25 range myself.

and in regards to profit switching, im not the type that chases the drastic spikes on coins, that shit is for the birds... i tried it once and my cards were switching every 2 minutes..
I have my switching setup based on 24hr actuals, i dont try to chase the most profitable spiking coin, i just want steady income on the highest algo possible. just taking a glance at one of my rigs,
uptime: 71 days 4 hrs, switched count 107.....

so its only switched 107 times in a 71 day period, so it averaged a switch every 1.5 days basically.... my 7 day average right now is $3.41 per 1080ti per day with the most time spent on x17

I think it's time consuming and requires a certain level of expertise (knowledge of correct intensity levels of multiple algos, core and mem clocks, power target etc). Many prefer plug and play which is why nicehash is successful.

In my testing, it takes way too long for my 1080ti rigs to ramp up on certain algos like Skein, often 3 - 4 mins before all 8 gpus are hashing. Likely the g3900 cpu is too weak, the g4560 rigs is not as slow.

Instead of automation I have scripts that can change group of rigs to another coin and manually switch/check profitability daily. Most my time last week was on zcoin averaging $3.10 day per 1080ti. It's never the most profitable, but close enough and more power efficient , cost about 15 cents less electricity per day compared to other algos. But I should try your method, 10% extra revenue is worth chasing.

[Haruderty]

Baikal N news has prompted me to try and offload my last 2 Vegas. Going to keep plugging away on ZEC with 7x 1060s and 2x 1070s for now, was pointed at Nicehash but fancy a change after the recent income drops!

Selling your vega's why?  Baikal has been secretly mining 75% of all the new Monero Blocks for the past
3 months, they are about to get kicked off in less then 2 weeks.  Monero is about to become profitable, at least for a short time.
Gona take my vegas off duel minning eth since bitmain probably has some kinda  FPGA or asic on eth already since the difficulty
has been skyrocketing for the past month when were in the middle of a massive gpu shortage. 

I think is the major coin we can mine with GPU. I hope ZEC will announce that if there is sign of ASIC or FPGA, they will change the PoW.

[MagicSmoker]

Those of you running Awesome Miner might want to check out this thread which reports a potential vulnerability: https://bitcointalk.org/index.php?topic=3114689.0

[philipma1957]

Those of you running Awesome Miner might want to check out this thread which reports a potential vulnerability: https://bitcointalk.org/index.php?topic=3114689.0

Thanks I will look at it.

[QuintLeo]

In my experience, you lose too much while switching to make up for any gains, most of the time.
The stress on your GPU would be lower, as it would have periods of just sitting around not actually mining while the algorithm gets initialized during switches.

that is where most people dont understand, if you set it up correctly there is literally nearly a flawless transition from algo to algo...

It still takes time for ANY miner to initialize when it first starts up - and the ETH ones with "on-GPU DAG file creation" are particularly slow.

It also takes time for the miner to handshake with whatever pool you are using when it first starts up.

1 MINUTE is not uncommon at all for "first start the program to first actual mining done", though MOST miners don't take quite that long.

If you're only switching once in an hour or less, it's not a big deal - but some switchers want to switch you every 2-5 minutes, at which point it's an ISSUE and some significant lost revenue.

[QuintLeo]

and when done to perfection by many miners it flattens out all prices on all coins  which is the worse possible case.

Which is going to happen anyway, just with a bit more "small spike" and "small negative spike" room if folks had to switch manually to "chase the profits".

[fr4nkthetank]

Well The excavator miner from nicehash switches really, really fast.  They explained how it works, it has drawbacks too but its pretty good software.