smolen (OP)
|
|
October 17, 2013, 07:37:49 PM |
|
I read the thread expect new version soon
|
Of course I gave you bad advice. Good one is way out of your price range.
|
|
|
lemons
|
|
October 18, 2013, 07:01:51 AM |
|
Profit estimation per 1 MH/s for Quark and Securecoin: QRK:1000000*60*60*24*128*0.00000110/16777216/124 = 0.00584 BTC/day SRC:1000000*60*60*24*5*0.00041263/16777216/1462 = 0.00726 BTC/day
Profit less than CPU miner ?
|
|
|
|
Hilux74
Legendary
Offline
Activity: 912
Merit: 1000
|
|
October 18, 2013, 07:31:26 PM |
|
Good work on the program. I tried it for a couple hours crunching Quark and scored a block with it getting 1.2MH/s with an XFX 7970. Looking forward to the improvments and optimizations that will come with future versions.
I think the idea of a percent fee is an excellent idea akin to pool operators. The 1/8 (12.5%) fee is fine for the first few early versions to make development worthwile but I think something in the 2-4% would be much more reasonable once it is more widely released with a wider user base.
|
|
|
|
soulmann
|
|
October 18, 2013, 08:39:15 PM |
|
7970 is mining LTC at 700 Kilohash/s - it is about 0.68 LTC/day or 0.0082 BTC/day. 1.2 Mhash/s Quark mining is about 5000 QRK/day or 0.0051 BTC/day and 12.5% to author. So it is more profitable to mine LTC or FTC, then Quark with GPU.
Am I right?
|
|
|
|
macmac__
Newbie
Offline
Activity: 56
Merit: 0
|
|
October 18, 2013, 09:21:07 PM |
|
Yes. Simple question and simple answer
|
|
|
|
dragon695
Full Member
Offline
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
|
|
October 18, 2013, 10:16:29 PM |
|
Yes. Simple question and simple answer Obviously, skimming 1/8 is highway robbery.
|
|
|
|
macmac__
Newbie
Offline
Activity: 56
Merit: 0
|
|
October 18, 2013, 11:59:08 PM |
|
Snip
Obviously, skimming 1/8 is highway robbery. I wouldn't say it's robbing to get paid for what you do, 12.5% of income is alot but consider this: you wouldn't get any income if he wouldn't have shared his miner, on 6000-series gpus it's highly profitable even with the fee at the moment
|
|
|
|
smolen (OP)
|
|
October 19, 2013, 08:16:57 PM |
|
7970 is mining LTC at 700 Kilohash/s - it is about 0.68 LTC/day or 0.0082 BTC/day. 1.2 Mhash/s Quark mining is about 5000 QRK/day or 0.0051 BTC/day and 12.5% to author. So it is more profitable to mine LTC or FTC, then Quark with GPU.
Am I right?
That's correct. My trick with groestl hash works well for VLIW5, but not for GCN I think the idea of a percent fee is an excellent idea akin to pool operators.
Thank you! (And there is no risk of 51% attack from me ) Obviously, skimming 1/8 is highway robbery.
12.5% of mined Quarks is a lot, but I hope that 12.5% of mined Primecoins will be generous. I'll lower royalty percent in the next Quark kernel.
|
Of course I gave you bad advice. Good one is way out of your price range.
|
|
|
cinnamon_carter
Legendary
Offline
Activity: 1148
Merit: 1018
It's about time -- All merrit accepted !!!
|
|
October 19, 2013, 09:14:30 PM |
|
My thoughts exactly, There are countless people in the world trying to hustle money away from each other. This is a good example. Closed source, steals 1/8, possible malware, what could go wrong?
|
Check out my coin Photon Merge Mine 5 other Blake 256 coins - 6x your hash power https://www.blakecoin.org/The obvious choice is not always the best choice. LOOK DEEPER - Look into the Blake 256 Family -- CC
|
|
|
picbb1
Newbie
Offline
Activity: 20
Merit: 0
|
|
October 20, 2013, 04:57:23 PM |
|
6930+6770=3.2MH/s
|
|
|
|
macmac__
Newbie
Offline
Activity: 56
Merit: 0
|
|
October 24, 2013, 10:13:53 AM |
|
When can we expect to see a new version? I haven't been able to mine as the intensity is way too high to be run in background.
|
|
|
|
cyruss
Newbie
Offline
Activity: 33
Merit: 0
|
|
October 26, 2013, 03:21:47 AM |
|
smelter miner give 112 quark of 128 block bounty, but in Block explorer absent transaction difference. Where is 16 quark?
|
|
|
|
smolen (OP)
|
|
October 26, 2013, 01:08:17 PM |
|
When can we expect to see a new version? I haven't been able to mine as the intensity is way too high to be run in background.
I hope to release new version tomorrow. (The kernel was done on August 2nd, the first smelter version was ready on October 15th. You got the idea about the development speed ) smelter miner give 112 quark of 128 block bounty, but in Block explorer absent transaction difference. Where is 16 quark?
They are in my wallet I'll lower royalty a bit in the next version.
|
Of course I gave you bad advice. Good one is way out of your price range.
|
|
|
smolen (OP)
|
|
October 27, 2013, 11:33:46 PM |
|
New version is ready, download it hereRoyalty decreased from 12.5% to 10% Kernel speed improved for ~40%, from 1.04 to 1.47 MH/s on my 6770 New command line options -w - worksize, can be 32,64,128 or 256 -g - number of GPU threads -i - intensity, measures as milliseconds to run the kernel. Don't worry, 100 is pretty small value Happy mining!
|
Of course I gave you bad advice. Good one is way out of your price range.
|
|
|
picbb1
Newbie
Offline
Activity: 20
Merit: 0
|
|
October 28, 2013, 04:34:00 AM |
|
6930+6770=3.7MH/s speed improved for 15%
|
|
|
|
feeleep
Legendary
Offline
Activity: 1197
Merit: 1000
|
|
October 28, 2013, 04:58:13 AM |
|
New version is ready, download it hereRoyalty decreased from 12.5% to 10% Kernel speed improved for ~40%, from 1.04 to 1.47 MH/s on my 6770 New command line options -w - worksize, can be 32,64,128 or 256 -g - number of GPU threads -i - intensity, measures as milliseconds to run the kernel. Don't worry, 100 is pretty small value Happy mining! linux version available?
|
|
|
|
ivanlabrie
|
|
October 28, 2013, 08:37:21 AM |
|
Gonna try it...we need pool support. I think 10% is a fair cut for a capable gpu miner.
|
|
|
|
smolen (OP)
|
|
October 28, 2013, 08:50:39 AM |
|
6930+6770=3.7MH/s speed improved for 15%
Worse than expected Quark and Securecoin fall faster than I can boost the kernel, I'll wait and watch exchange rate before putting more work into Quark kernel... linux version available?
Which flavor of Linux do you use? Actually, smelter is developed on Linux I must check that nothing GPL'ed gets into the binary and setup VMs for most popular distributions. I think 10% is a fair cut for a capable gpu miner.
10% is a fair cut for the only gpu miner, a good competing miner will force me to drop the royalty. Or improve the speed
|
Of course I gave you bad advice. Good one is way out of your price range.
|
|
|
feeleep
Legendary
Offline
Activity: 1197
Merit: 1000
|
|
October 28, 2013, 08:55:21 AM |
|
linux version available?
I am using ubuntu
|
|
|
|
smolen (OP)
|
|
October 28, 2013, 09:06:38 AM |
|
I am using ubuntu
Saucy Salamander, x64? (I'm on debian, may be there is some way to build universal linux binary, but VM route would be faster)
|
Of course I gave you bad advice. Good one is way out of your price range.
|
|
|
|