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Author Topic: Mining SolidCoins is now 4 times more profitable than Bitcoins !!!  (Read 3462 times)
Kartoff (OP)
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August 26, 2011, 08:54:44 AM
 #1

Exchange rate climbing up in every minute  Grin
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August 26, 2011, 09:01:15 AM
 #2

It's incredible  Shocked

And it has a future!
The 2x difficulty adjustment in 24 hours is great Smiley
It will always be attractive to mine; if price drops, miners leave, difficulty drops, miners step back in, etc...
MrWizard
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August 26, 2011, 09:02:46 AM
 #3

No it's not!  Why post lies?  Just so you can sell your hoard?

"I walked into the room dripping in Bitcoins.  Yea dripping in Bitcoins."
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MaGNeT
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August 26, 2011, 09:05:56 AM
 #4

No it's not!  Why post lies?  Just so you can sell your hoard?

He's not lying.

I have 2.95Ghash/s (at  current difficulty ± 1.47BTC / 24 hours)

I mined 300 SolidCoins last 24 hours.
That's 8.1 BTC if I sell them now.

That's 5,5 times more profitable!


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August 26, 2011, 09:06:05 AM
 #5

err..are we witnessing another 'bitcoin-like' explosion here  Huh

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
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August 26, 2011, 09:07:10 AM
 #6

err..are we witnessing another 'bitcoin-like' explosion here  Huh

I like explosions like this Smiley
When Ixcoin starts with the "SolidCoin code", it will happen to Ixcoin too. I'm certain of that. That's why I'm keeping my Ixcoins.
Kartoff (OP)
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August 26, 2011, 09:09:20 AM
 #7

Insane !!!
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August 26, 2011, 09:09:50 AM
 #8

err..are we witnessing another 'bitcoin-like' explosion here  Huh

I like explosions like this Smiley
When Ixcoin starts with the "SolidCoin code", it will happen to Ixcoin too. I'm certain of that. That's why I'm keeping my Ixcoins.

Yea well just 4 days ago 1000SC was worth what 1BTC? And now its worth 30  Huh

We're just 2000SC away from the lowest ask being 0.03..wow...how long did it take Namecoin to get to that value again?

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
joulesbeef
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August 26, 2011, 01:37:23 PM
 #9

it's pretty nutty how fast it has gone up.

I will say who ever is playing the market is doing a good job at slowly dragging people up.

mooo for rent
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August 26, 2011, 01:42:08 PM
 #10

Be sure to sell them fast, there is a sucker born every minute  Roll Eyes
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August 26, 2011, 01:44:14 PM
 #11

This is kind of like virtual fireworks!  Grin

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
smoothie
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August 27, 2011, 09:44:41 PM
 #12

I'm out for now. I've made about 205.19 BTC with solid coins.

Maybe if the price comes down some more I'll buy back in.

But for now I'm going to just watch the fireworks.

Happy trading everyone!

 Grin

███████████████████████████████████████

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
joker060
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August 28, 2011, 01:05:47 AM
 #13

I really wish people would stop with the (____COIN IS X TIMES MORE PROFITABLE THAN BITCOINS...

If people do some research and look into these things they will find out on their own.  You are just spoonfeeding people and making the difficulty increase....
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August 28, 2011, 01:12:19 AM
 #14

I really wish people would stop with the (____COIN IS X TIMES MORE PROFITABLE THAN BITCOINS...

If people do some research and look into these things they will find out on their own.  You are just spoonfeeding people and making the difficulty increase....

Free market man...I can post, you can post, I can mine, you can mine...deal with it. Grin

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                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
Starlightbreaker
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August 28, 2011, 07:40:18 AM
 #15

lucky.

i only added ~750 mh/s to my 2.4 gh/s  Sad

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August 28, 2011, 02:24:05 PM
 #16

How profitable will 413MHash/s be with this compared to btc? This is with my 2 computers GPUs working together for 17 hours a day (due to high elec costs where I am)
PC gives 405MHash/s (HD6950 Oc'd and Overvolted)
MBP gives 8MHash/s (GT330M on MBP)

How much can I expect to make a day now?

Say does anyone know of a cheap/powerful card to add to my setup or a really cheap HD6990?

To those of you with like GHash/s setups,what kind of cards are you using? and how many?

What are the best clock and voltage settings to get the abolute max out of a HD6950 without ruining it?



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August 28, 2011, 02:28:27 PM
 #17

Just wait for the next derivative check several times a day and jump in quickly.  Grin
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August 28, 2011, 02:33:01 PM
 #18

At the moment, profitability is about equal to BTC. It varies up and down. Do some math with the relative difficulties and remember that SC only pays 32 coins per block and has higher stales. I have a spreadsheet to automate it for myself.
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August 28, 2011, 08:49:02 PM
 #19

How profitable will 413MHash/s be with this compared to btc? This is with my 2 computers GPUs working together for 17 hours a day (due to high elec costs where I am)
PC gives 405MHash/s (HD6950 Oc'd and Overvolted)
MBP gives 8MHash/s (GT330M on MBP)

How much can I expect to make a day now?

Say does anyone know of a cheap/powerful card to add to my setup or a really cheap HD6990?

To those of you with like GHash/s setups,what kind of cards are you using? and how many?

What are the best clock and voltage settings to get the abolute max out of a HD6950 without ruining it?



The king of mining is not the 6990......it is actually the 5970.No other card is as efficient power wise and Mh/s as that card even if the electric rates are somewhat high.When I did solidcoin some thought it was crazy to even do it OR even buy new videocards because BTC was devalued but if you look at it logically if you had the processing power to get it all done at an earlier stage you would be VERY well off.I got into Solidcoin only on the second day through the guild w/ a 6950 and 5770 and made at least 40 Btcs through selling.I suspect if I had gotten the 5970's I ordered earlier I could have at least quintupled-sextupled that.

There is no question that the hardware pays off itself very quickly during times like these considering there have been numerous alternatives over the last month or so.However,considering how Solidcoin works with the adjusting difficulty and potential alternatives down the pike it is a good time to get a mining rig done I think.

I also think Solidcoin has another chance this week to rise again so will be hoarding them until that time.

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August 28, 2011, 08:59:57 PM
 #20

At the moment, profitability is about equal to BTC. It varies up and down. Do some math with the relative difficulties and remember that SC only pays 32 coins per block and has higher stales. I have a spreadsheet to automate it for myself.
also subtract exchange fees
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