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Author Topic: which altcoin to mine with free power  (Read 1440 times)
abdulmad
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November 04, 2013, 06:54:18 PM
 #1

Ok i'm not going to explain where and how the free power is coming from but what you guys should know its not being stolen. now that that is out of the way fortunately for me i do have acces to free power, if you were fortunate enough in what altcoin would you mine and which hardware will you acquire. Remember its free power so no undervolting and that sort of optimizations are necessary.

Another idea would be renting out hashing power (altcoin only) like a vps type service but cpu and gpu, just an idea.

Let me hear your guys thoughts.

Cheers

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getwork
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November 04, 2013, 07:03:56 PM
 #2

You should mine scrypt based altcoins, they are much more profitable than sha256 based ones.
Litecoin, Feathercoin, CGB....that is your choise.
You need GPU, ATI 6th or 7th series and if you like to mine some CPU coin you need powerful CPU.


cryptomining
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November 04, 2013, 07:08:44 PM
 #3

since power isnt a issue get a bunch of 5830 or 5850 off ebay 50-65 bucks each and mine whatever is paying the best on coinwarz or coinchoose or use something like the middlecoin.com scrypt pool.

abdulmad
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November 04, 2013, 07:08:59 PM
 #4

You should mine scrypt based altcoins, they are much more profitable than sha256 based ones.
Litecoin, Feathercoin, CGB....that is your choise.
You need GPU, ATI 6th or 7th series and if you like to mine some CPU coin you need powerful CPU.




I currently have the following hardware.

I7 3770k
I5 2500k
8350FX

I'm getting a 6990 tomorrow.

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DeepOnion




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getwork
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November 04, 2013, 07:17:00 PM
 #5

You should mine scrypt based altcoins, they are much more profitable than sha256 based ones.
Litecoin, Feathercoin, CGB....that is your choise.
You need GPU, ATI 6th or 7th series and if you like to mine some CPU coin you need powerful CPU.




I currently have the following hardware.

I7 3770k
I5 2500k
8350FX

I'm getting a 6990 tomorrow.


Perfect!

Set CPU power to primecoin solo mining, 6990 to any altcoin is profitable to mine at the moment.
But if you have intention to keep your coins and waiting best price I advice you to collect some Litecoins!
abdulmad
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November 04, 2013, 07:18:16 PM
 #6

You should mine scrypt based altcoins, they are much more profitable than sha256 based ones.
Litecoin, Feathercoin, CGB....that is your choise.
You need GPU, ATI 6th or 7th series and if you like to mine some CPU coin you need powerful CPU.




I currently have the following hardware.

I7 3770k
I5 2500k
8350FX

I'm getting a 6990 tomorrow.


I think I should get more gpu's, the reason for the cpu's id for cpu only coins, but the botnets are killers. I think i should focus my attention on gpu's for now.

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abdulmad
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November 04, 2013, 07:19:38 PM
 #7

You should mine scrypt based altcoins, they are much more profitable than sha256 based ones.
Litecoin, Feathercoin, CGB....that is your choise.
You need GPU, ATI 6th or 7th series and if you like to mine some CPU coin you need powerful CPU.




I currently have the following hardware.

I7 3770k
I5 2500k
8350FX

I'm getting a 6990 tomorrow.


Perfect!

Set CPU power to primecoin solo mining, 6990 to any altcoins is profitable to mine at the moment.
But if you have intention to keep your coins and waiting best price I advice you to collect some Litecoins!

You think that is enough hashing power to solo mine prime coins?

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DeepOnion




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Kenshin
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November 04, 2013, 07:22:24 PM
 #8

I also agreed that you should use your CPU to mine primecoin, I am doing the same thing.
And GPU you want to mine either Litecoin or Feathercoin. I am also doing this.
abdulmad
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November 04, 2013, 07:27:55 PM
 #9

I also agreed that you should use your CPU to mine primecoin, I am doing the same thing.
And GPU you want to mine either Litecoin or Feathercoin. I am also doing this.


Thanks for the feedback so far guys. @Kenshin how are you trading you ltc and ftc?

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November 04, 2013, 07:29:53 PM
 #10

Yes, it is enough!
I am mining  primecoin with 6 CPU Core i5 4570 Haswell and each one get block aproximately every 3 days.

Best place to trade XPM, LTC and FTC is www.btc-e.com.
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November 04, 2013, 07:34:34 PM
 #11

Yes, it is enough!
I am mining  primecoin with 6 CPU Core i5 4570 Haswell and each one get block aproximately every 3 days.

Best place to trade XPM, LTC and FTC is www.btc-e.com.

Brilliant, what miner should i use for prime coins ?

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abdulmad
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November 04, 2013, 08:14:01 PM
 #12

Just added a 4770k and MSI R9 270 to the list Cheesy

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sidhujag
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November 04, 2013, 08:14:43 PM
 #13

There is no free power unless your Tesla.

★☆★Syscoin - Decentralized Marketplace and Multisig Platform
Pay with Bitcoin, ZCash and many more
For more visit Syscoin.org  ★☆★
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November 04, 2013, 08:27:41 PM
 #14

There is no free power unless your Tesla.

I absolutely agree with you, let me rephrase.....I have access to paid for electricity that the state generate which i don't pay for. That better? lol

Lol  Grin

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abdulmad
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November 04, 2013, 08:30:25 PM
 #15

Yes, it is enough!
I am mining  primecoin with 6 CPU Core i5 4570 Haswell and each one get block aproximately every 3 days.

Best place to trade XPM, LTC and FTC is www.btc-e.com.

Brilliant, what miner should i use for prime coins ?

Will the built in miner be ok or is there a better way like cgminer?

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aysyr
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November 04, 2013, 08:38:30 PM
 #16

I've been mining Feathercoin and recently a new coin that came out called Gridcoin. Difficulty is still very low so if you want to jump in the release thread is here

https://bitcointalk.org/index.php?topic=324118.20

Trade at C-Cex, my favorite exchange!          Aysyr Reputation Thread
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November 04, 2013, 08:55:27 PM
 #17

Pretty much any coin, the one with the highest profitability I guess.

Thats one of the problems, everybody jumps onto the most profitable coin which diminishes your shares, wont a coin with the best potential in terms services and market cap be more profitable, in hindsight its a waiting game and you might just loose out if the coin fails....what to do...what to do..

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November 04, 2013, 09:02:52 PM
 #18

Ok ill do some gridcoin for now and see how it goes. Some of my kit is only arriving the weekend which I will setup for prime and litecoin. If all goes well seen that i have free power i will donate to this post 0.25 btc for every 20btc earned which will be in the form of a lottery. The lottery will work in the form of a random number drawn to all the posters who posted in this thread.

So wish me luck.

Cheers

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November 04, 2013, 09:27:33 PM
 #19

For primecoin - http://sourceforge.net/projects/primecoin-hp/files/0.1.2-hp11/primecoin-0.1.2-hp11-winx64.zip/download
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November 04, 2013, 09:31:41 PM
 #20

I'll just leave this here.

Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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