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Author Topic: Profitability of mining solidcoin vs bitcoin  (Read 2627 times)
skilo
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September 01, 2011, 06:21:34 PM
 #1

So how hard are solid coins to mine now compaired to BTC?

Could i cpu mine them (SC)?

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jjiimm_64
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September 01, 2011, 06:54:46 PM
 #2

So how hard are solid coins to mine now compaired to BTC?

Could i cpu mine them (SC)?

I think cpu is out

BTC  5500Mhash  3.11 btc/perday
SC    5500Mhash  5.69 btc/perday  (@0.015 exch rate) difficulty 15069
edit: patch up the above calculation with   32/50*5.69=3.64



I used http://www.alloscomp.com/bitcoin/calculator.php to do the calculations


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bcpokey
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September 01, 2011, 07:02:34 PM
 #3

So how hard are solid coins to mine now compaired to BTC?

Could i cpu mine them (SC)?

I think cpu is out

BTC  5500Mhash  3.11 btc/perday
SC    5500Mhash  5.69 btc/perday  (@0.015 exch rate) difficulty 15069

I used http://www.alloscomp.com/bitcoin/calculator.php to do the calculations



Wrong. Each Solidcoin block yields 32SolidCoins vs. 50Bitcoins per block.

As for CPU mining, assuming that you have suitably fast processor that can get maybe 4 or 5 MHash/sec, you will be able to mine a block maybe every few hundred days, and at an exchange rate of .015 solidcoins per bitcoin,. that is hardly worth it.
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September 01, 2011, 07:10:49 PM
 #4

So how hard are solid coins to mine now compaired to BTC?

Could i cpu mine them (SC)?

I think cpu is out

BTC  5500Mhash  3.11 btc/perday
SC    5500Mhash  5.69 btc/perday  (@0.015 exch rate) difficulty 15069

I used http://www.alloscomp.com/bitcoin/calculator.php to do the calculations



Wrong. Each Solidcoin block yields 32SolidCoins vs. 50Bitcoins per block.

As for CPU mining, assuming that you have suitably fast processor that can get maybe 4 or 5 MHash/sec, you will be able to mine a block maybe every few hundred days, and at an exchange rate of .015 solidcoins per bitcoin,. that is hardly worth it.

shoot, didn't think of the different block sizes....  anyone know of a solidcoin calculator??

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gw4tt
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September 01, 2011, 07:12:19 PM
 #5

coinotron.com is usually pretty accurate with the profitability ratios. I0C is still the most profitable right now.


CPU mining is out for pretty much everything. Too many people with GPUs.
jjiimm_64
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September 01, 2011, 07:24:11 PM
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thanks for the correction to my calculations....  since I will only get .5 btc more per day, it is not worth it..  think I will go back to btc's.

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skilo
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September 01, 2011, 08:16:30 PM
 #7

Thanks for the input guys.

Another question though - How do you buy SC? i looked at one of the exchanges but it only accepts BTC for SC.

I guess there isint a way yet to pay USD for SC.

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dserrano5
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September 01, 2011, 09:34:49 PM
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i looked at one of the exchanges but it only accepts BTC for SC.

Pitiful comment...

It's not a bug, it's a feature!

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