Nervos CKB bringing back GPU Mining?! Dual Mine Ethereum and CKB | How To Mine

[VoskCoin]

Is Nervos CKB going to make GPU mining interesting and profitable again?! It's possible to dual mine Ethereum and Nervos CKB, lets review Nervos CKB and how to mine it on Windows and Linux w/ Simple Mining smOS!

https://www.youtube.com/watch?v=bMQwylHiqQw


Nervos CKB is incredibly interested as they have chosen to build interest and hype surrounding their proof-of-work blockchain with a mining competition on their testnet. This is unusual because you will be credited valid coins on their mainnet blockchain once it launches later this year in exchange for participating in their testnet mining competition! Nervos previously raised 28 million dollars in a private sale and have an upcoming public sale. If you'd like to participate in simply mining their testnet and earning their CKbyte coins you can do so without any KYC or coin purchases, simply dedicating your GPU mining rigs hashpower to their test net blockchain will be all you need to do! So lets review how to get you AMD and Nvidia oh and even VEGA GPUs mining Nervos CKB on Windows or Linux (through smOS)!

I dont bother posting all the links here as my posts are often deleted on Bitcointalk, they're all in the video description on YouTube.

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[CjMapope]

i haven't heard of Nervos CKB, but ill check it out now!
i have some AMD cards sitting around not doing much right now anyways, midas stack some shit for later and see where it goes
Thx for the info Vosk

[arielbit]

Why would some ico shitcoin testnet mining (where the centralized authority credits mainnet later) be the savior of gpu mining. That's like a bad joke and nobody is laughing.

ethereum just did that

[VoskCoin]

Why would some ico shitcoin testnet mining (where the centralized authority credits mainnet later) be the savior of gpu mining. That's like a bad joke and nobody is laughing.

ethereum just did that

^^ lol


people cry about the mining situation, and then a new coin launches thats pow and people hate on it / dont support it to any degree

Those will be the same people crying when theres no pow options left anymore

[jmigdlc99]

Why would some ico shitcoin testnet mining (where the centralized authority credits mainnet later) be the savior of gpu mining. That's like a bad joke and nobody is laughing.

ethereum just did that

^^ lol


people cry about the mining situation, and then a new coin launches thats pow and people hate on it / dont support it to any degree

Those will be the same people crying when theres no pow options left anymore

No that's why you adapt, gpu mining has already been struggling for a while, especially at standard power rates. I suggest those who like being able to switch algorithms really take a closer look into fpga.

Thats sounds great, but the problem is FPGAs have so much downside.

1. It's not cheap (unless you want to earn pennies as a hobby with those small ones)
2. There is a learning curve that requires a bit more effort than GPU mining (what is a bitstream)
3. Resale is difficult
4. Even buying one can be risky, with so many scams out there.

Basically theres simply much more effort to be done than what most people are used to. That could be a good thing for the niche, but doesn't sound too enticing to take a closer look at especially if the profits are not considerably larger (prove me wrong?).

[Marvell2]

might take a look still have a few eth rigs going assuming the guarantee to pay out test net tokens

[CjMapope]

might take a look still have a few eth rigs going assuming the guarantee to pay out test net tokens

i trust f2pool, the formula might be a bit hazy, but im sure they will pay out SOMETHING
taken from the site:
"Conversion Ratio = F2Pool CKB mainnet reward ÷ F2Pool CKB testnet total reward = 1,258,481 ÷ 17,166,787 = 0.0733"
ive mined like 500 testnet coins in a few days with just 2 cards, not bad

[arielbit]

Why would some ico shitcoin testnet mining (where the centralized authority credits mainnet later) be the savior of gpu mining. That's like a bad joke and nobody is laughing.

ethereum just did that

^^ lol


people cry about the mining situation, and then a new coin launches thats pow and people hate on it / dont support it to any degree

Those will be the same people crying when theres no pow options left anymore

No that's why you adapt, gpu mining has already been struggling for a while, especially at standard power rates. I suggest those who like being able to switch algorithms really take a closer look into fpga.

Thats sounds great, but the problem is FPGAs have so much downside.

1. It's not cheap (unless you want to earn pennies as a hobby with those small ones)
2. There is a learning curve that requires a bit more effort than GPU mining (what is a bitstream)
3. Resale is difficult
4. Even buying one can be risky, with so many scams out there.

Basically theres simply much more effort to be done than what most people are used to. That could be a good thing for the niche, but doesn't sound too enticing to take a closer look at especially if the profits are not considerably larger (prove me wrong?).

1. Neither are 3 high end gpu's
2. Learn or die, mining doesn't need to be a simple gui
3. It's not
4. same with everything online, learn or die.

Theres not much effort to be done but it isn't plug and play. Learning is key but to those who learn goes the spoils.

yeah it is good to have fpga too if you can, but look at the coin team's perspective. of course you want to launch a coin with millions of audience/miners(gpu) instead of a significantly few fpga miners.  

[stzcze]

 I should mine on account f2pool, and make a wallet when the mainnet is start? I understood it correctly? I am sorry for my English... Thanks for reply

[Marvell2]

this article is late as hell actually lol , this is the final round of the test net contest , last 4 rounds were 6 7 8 and 9 mill lol typical  vosk reactive post . Most of test net contest coins have been mined lol


, btw hows loki doing thee days lol

[VoskCoin]

this article is late as hell actually lol , this is the final round of the test net contest , last 4 rounds were 6 7 8 and 9 mill lol typical  vosk reactive post . Most of test net contest coins have been mined lol


, btw hows loki doing thee days lol

the 2 biggest contest reward pools are still upcoming, but appreciate the needless and senseless hate.

and loki is doing much better than your bitcoin interest.

[keksik]

is there any option to dual mine on amd? i can see bminer and nbminer both can be dual mined however only with NVIDIA
also rx 580 8GB prerform only 350Mhs solo mining, not good.

[havock5927]

any one have started mining CBK " The 3rd stage of CKB mining competition has started at 6:05, 2nd, Nov(UTC+8), we have generated the bill of your income during 2nd stage"

[Marvell2]

this article is late as hell actually lol , this is the final round of the test net contest , last 4 rounds were 6 7 8 and 9 mill lol typical  vosk reactive post . Most of test net contest coins have been mined lol


, btw hows loki doing thee days lol

the 2 biggest contest reward pools are still upcoming, but appreciate the needless and senseless hate.

and loki is doing much better than your bitcoin interest.

you have a point there lo

[mak013]

I`m looking at this coin more than a month but see just testnet. It can be interesting even without dual mining, but right now i cant mine for the future profit. As for me - i would wait the mainnet first.

[adaseb]

Its interesting however we require more info. It says they raised $28 million in a private sale, and they have an upcoming public sale. And they have this testnet competition and you will be creddited some tokens later in the year when it launches.

However how many tokens will there be in total.

Lets assume the public sale is $72 million so market cap of $100 million or so. And lets say there are 100,000,000 tokens in total. How many of those will be given away? I am assuming its a small number like 1%. So its like mining a $1 million market cap coin however this is assuming when it launches it will hold its value, it might tank or the public sale can fail and could be worth less.

ETH miner revenue is $2.5 million daily. So I don't this will be worth even dual-mining.

[doktor83]

Try out SRBMiner-Multi for Nervos AMD & CPU mining

https://bitcointalk.org/index.php?topic=5190081.0

[lupanar]

Its interesting however we require more info. It says they raised $28 million in a private sale, and they have an upcoming public sale. And they have this testnet competition and you will be creddited some tokens later in the year when it launches.

However how many tokens will there be in total.

Lets assume the public sale is $72 million so market cap of $100 million or so. And lets say there are 100,000,000 tokens in total. How many of those will be given away? I am assuming its a small number like 1%. So its like mining a $1 million market cap coin however this is assuming when it launches it will hold its value, it might tank or the public sale can fail and could be worth less.

ETH miner revenue is $2.5 million daily. So I don't this will be worth even dual-mining.

They already did token sale, was rised about $67M if Im not mistaken. There will be 12.3B of tokens issued with mainnet launch https://medium.com/nervosnetwork/nervos-ckb-official-public-sale-announcement-431438f4cc39
Ratio of mined testnet coins to mainnet coins will be about 10:1
Something like that

[Marvell2]

1 cent per tooen , now sure how this will be profitable, even wheb eth launched they had .33 cents per token , not sure if it everc dpippee below that.

[hustleman]

Does the testnet mining conclude today or has it been push thru 11/16?