Happy New Years! Seventh alt coin thread!

[DesertMiner]

I tried it an hour ago, it is simply not worth mining at the moment.

Monero recalculates the difficulty once every single day at the normal block time. Since the difficulty still didn't change and the hash rate has dropped it will take more than a day to adjust the difficulty.

The average blocktime for monero is usually around 1 minute. Currently its around 2 minutes. So expect the difficulty to adjust in two days.

Mining Monero at the moment yields around $0.6 not including electricity on Nicehash for roughly around 850 h/s.

wont u still acumulate shares?

You do, along with everyone else so it doesn't matter.

I'm solo mining it on a rig you never know I might get lucky 

[Marvell2]

I tried it an hour ago, it is simply not worth mining at the moment.

Monero recalculates the difficulty once every single day at the normal block time. Since the difficulty still didn't change and the hash rate has dropped it will take more than a day to adjust the difficulty.

The average blocktime for monero is usually around 1 minute. Currently its around 2 minutes. So expect the difficulty to adjust in two days.

Mining Monero at the moment yields around $0.6 not including electricity on Nicehash for roughly around 850 h/s.

wont u still acumulate shares?

You do, along with everyone else so it doesn't matter.

I'm solo mining it on a rig you never know I might get lucky 

nice, I have half my rigs on nanopool and half on nicehash

i forgot how much more power efficeint cryptonite is, basically saving 30 percent power
from eth only mining, I really hope hashrate stays low , fuck eth

[lanciaominer]

agreed f**k eth gayhan and shitmain

[BSAlex]

See thats what i dont understand, since getting everything secured and deleting all connectors that i can... and soldering the wires my riser issues have pretty much dissipated... most of the issues ive had in the past was from sag on the gpu's over time in the pcie slot and the pcie adapter coming loose from viberations... between clips i printed and hot glue... everything is running smooth as butter....

My "mining shelf/rack" doesn't have sag issues.
Vibration .... not sure yet, but the weight of the GPU helps hold it IN the slot and the slot does latch on one end - the MB end of the risers doesn't see much vibration.

Those clips look like an interesting idea to cure THAT issue, too bad I don't have a 3d printer.....

A small polish company produce the clip in volumes and is willing to ship overseas.
Do not buy myself but hear lots of positive feedback.
You can find details on https://www.facebook.com/PolClip/

[JaredKaragen]

Anyone with RX cards managed to switch to cryptonight v7 on nicehash?

I'm getting 100% rejected shares with xmr-stak from simplemining. This is my config, I'm guessing is ok and problems with the pool?

--currency monero7 -o stratum+tcp://cryptonightv7.eu.nicehash.com:3363 -u walletaddress.ativ7 -p x

yes.  RX560;  nanopool.  XMR-stak.
I have a compiled version with devfee set to zero.  Can be found in the batch link in my sig.



Just noticed today:

XMR went from 60+Mh to a little over 20Mh nethash.


A minimum of half of network hashrate either:

A: All miners shut down because XMR was not profitable to mine anymore and they just so happened to pick the same day, time and block to do so.

b: There were a LOT more asics out there than people thought there were.


There be blood in the waters......

[philipma1957]

Anyone with RX cards managed to switch to cryptonight v7 on nicehash?

I'm getting 100% rejected shares with xmr-stak from simplemining. This is my config, I'm guessing is ok and problems with the pool?

--currency monero7 -o stratum+tcp://cryptonightv7.eu.nicehash.com:3363 -u walletaddress.ativ7 -p x

yes.  RX560;  nanopool.  XMR-stak.
I have a compiled version with devfee set to zero.  Can be found in the batch link in my sig.



Just noticed today:

XMR went from 60+Mh to a little over 20Mh nethash.


A minimum of half of network hashrate either:

A: All miners shut down because XMR was not profitable to mine anymore and they just so happened to pick the same day, time and block to do so.

b: There were a LOT more asics out there than people thought there were.


There be blood in the waters......

I am doing a bit on nicehash   with a few cpus.

[JaredKaragen]

I am doing a bit on nicehash   with a few cpus.

The funny part is, the main reason I wanted to remove the devfee;  is because nanopool emails me every time the any miner goes offline for the dev share.    

I haven't had the email all night now... but I wont stop with my old cards mining XMR until I reach the 1XMR payout limit.


Still trying my luck with RVN... holding off on my usual zpool steady earnings to get at least 1K coins saved up... who knows.  may become gold.

BUB on yobit has begin to climb again.... Dev went silent (as he said he may be) and people panic sold.  the dev bought most of the coins.   Ive been buying a bunch myself.   Dev announces hes been buying the coins and others notice the prime wallet growing again....  im already over 4x my investment;  so; to the moon with her   Its only just begun.

[philipma1957]

I am doing a bit on nicehash   with a few cpus.

The funny part is, the main reason I wanted to remove the devfee;  is because nanopool emails me every time the any miner goes offline for the dev share.    

I haven't had the email all night now... but I wont stop with my old cards mining XMR until I reach the 1XMR payout limit.


Still trying my luck with RVN... holding off on my usual zpool steady earnings to get at least 1K coins saved up... who knows.  may become gold.

BUB on yobit has begin to climb again.... Dev went silent (as he said he may be) and people panic sold.  the dev bought most of the coins.   Ive been buying a bunch myself.   Dev announces hes been buying the coins and others notice the prime wallet growing again....  im already over 4x my investment;  so; to the moon with her   Its only just begun.

I have 4000 raven will mine til I get to 10000 of them.

then list

 1000 at 0.00002222
 1000 at 0.00003333
 1000 at 0.00004444
 1000 at 0.00005555

[DesertMiner]

Whoa boy, time between Monero blocks shot to 4 minutes, if things go at this rate, it will take a week for the difficulty to adjust !

It has been a little more than 12 hours since the hard fork and the total amount of blocks found is 58.

If at 1000Mh/s total hash rate we used to find 720 blocks per day and assuming we will find 120 blocks in 24 hours, this effectively means the hash rate went down by around 83%.

[Max Likelihood]

Any point in taking a 48 hour run at it with nvidias, do you think?

[Marvell2]

Any point in taking a 48 hour run at it with nvidias, do you think?

i stopoed mining xmr block times are too slow to be profitable

[Elder III]

Any point in taking a 48 hour run at it with nvidias, do you think?

i stopoed mining xmr block times are too slow to be profitable

It's true that mining is slow right now, but the more people that quit the longer it will take for the network difficulty to stabilize and profits to rise again.

[Storx]

Not sure how many other Raspberry Pi guys are on here, but i my raspberry pi 3 apparently die from running my latest bot off it, even tho they state its capable of running off pi 2.
Things had me thinking and i heard about it before, so i tossed the bot on my main PC temp to work its way out of some positions it got into before it died... I decided to try out installing Ubuntu on my old Samsung Note 4 i had laying around from when i upgraded to my latest phone and it turned out easier than i had expected....

Raspberry Pi 3 running the bot, the CPU ran 70%+ 24/7 and CPU temps with aluminum premium thermal case sat around 55-60c at max....

Samsung Note 4 running the bot, the CPU runs around 17% now and CPU temps are in the 40-45c range....

Benefit of the phone now is that it has a battery for those days when power cuts out on me now.. just win win all around

To the few that asked me about the clips.. Here is the printer file..

https://ufile.io/jqbpz

is it the pi, or just the SD itself?

I have killed ~5 SD cards now with a Pi2 and using it as my VPN host.

Im still too lazy to config a linux box to replace the pi....   being the VPN's connection is now pretty @#$ fast,   I think ill upgrade my servers and services I host there.   MAkes sense, but Just wondering if yours was a SD failure.

No i think it died itself, after communicating with amazon about it being only 2 weeks old since purchase, they have me returning it for a full refund, placed an order for the brand new latest 3+ since its the same price....

The cell phone is working well, but i dont think its up to the task in regards to the charging.. the power draw of the bot jumps way up when its actively monitoring a position compared to when its just monitoring the exchange for pricing ticks... CPU load goes from 15% roughly monitoring 132 pairs i currently have it trading on to 60%+ when it has a pair actively bought and monitoring for position to sell... not exactly sure why the drastic change i didnt realize this previously, i think when the PI3 was in the 70% cpu range it was actively trading a pair... So basically since the cell phone cpu% jumps way up, the battery on the phone starts dropping like a rock and a few times it dropped to 50% and less before it sold the pairs off and was able to charge back up to 100%, granted the lower it got in charge the slower it dropped, so maybe the phone is limiting the amount of charge rate up near full charge... So my guess is the phone will not live long in this constant tug-o-war with the battery. I truly want a battery backup for the bot, since 3 times storms recently has knocked my pi offline while it was trading and then i would get stuck in trades hours later that would take many hours to days to average out of manually to not loose money on the trades.

I may have to just build a linux box myself or ive been thinking of maybe picking up something like a tablet or laptop to run the bot that has a battery built in... I may pickup one of those 12inch student google chromebooks at bestbuy, i saw them previously for like $69 on sale.

I tried running my PI's off a UPS, but even with 3 of them the UPS couldnt pickup a high enough load for it to trigger the battery backup and this was on a professional series APC, according to APC the min VA for it to trigger backup is like 27 watts i think they told me... and all 3 raspberry pi's were pulling only 5.8watts in total according to the software.

[Mashy81]

80 blocks down now since the fork.
Difficulty addjustment is 720 blocks but doesn't count the lowest or highest 60 blocks. So it should start to correct down slowly now

[Storx]

80 blocks down now since the fork.
Difficulty addjustment is 720 blocks but doesn't count the lowest or highest 60 blocks. So it should start to correct down slowly now

Ya, latest miner actually bumped my 1950x hashrate a little... I just wish it would use more than 50% of the core's power...
AMD 1950x
1308.2 H/s average

[Haidong Liang]

80 blocks down now since the fork.
Difficulty addjustment is 720 blocks but doesn't count the lowest or highest 60 blocks. So it should start to correct down slowly now

Ya, latest miner actually bumped my 1950x hashrate a little... I just wish it would use more than 50% of the core's power...
AMD 1950x
1308.2 H/s average

The block height is 154085 now.

The difficulty has come down from 136XXX to 125XXX. So it is getting to the right difficulty slowly.

The displayed hash rate is 1042MH/s instead of 1100MH/s.

[BSAlex]

I am doing a bit on nicehash   with a few cpus.

Are going on with cryptonight or switched to cryptonightv7?
I switched but start to receive lots of errors like "share above tarjet" and thus have to switch to nanopool that thus far works nicely.

BTW as for now NH have 190Mh/s cryptonight only on EU and USA servers. Who needs so much of old algo hashpower As far as I know only KARBO is still using old algo but it's combined hashrate is only about 5Mh.

[lanciaominer]

now would be an interesting time to see if eth miners would actually switch over to monero and ease on nethash and difficulty. if eth nethash shows no remorse and  difficulty still increase in a steep manner i guess we already know who is at play. interesting yet difficult times ahead. 

[QuintLeo]

Monero is the only CN coin that has switched so far - ETN had ballpark half the network hashrate of Monero and has ANNOUNCED they plan to fork to change algo, but hasn't done so yet.

Why would ETH miners switch, unless Monero profitability goes WAY up quickly?

[citronick]

Monero is the only CN coin that has switched so far - ETN had ballpark half the network hashrate of Monero and has ANNOUNCED they plan to fork to change algo, but hasn't done so yet.

Why would ETH miners switch, unless Monero profitability goes WAY up quickly?

I am still sitting on the fence on this..... I suspect there will be a yo-yo situation here to stabilize the XMR blockchain.

.... one more thing.... is this Monero's first hardfork?

I hope Fluffy's devs are more competent then the VERGE team.

Meanwhile the farms are still working hard on PIGN and ZEN.