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Author Topic: Nervos CKB bringing back GPU Mining?! Dual Mine Ethereum and CKB | How To Mine  (Read 1368 times)
lupanar
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November 04, 2019, 07:18:37 AM
 #21

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

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November 04, 2019, 03:24:13 PM
 #22

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.
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November 06, 2019, 11:17:21 PM
 #23

Does the testnet mining conclude today or has it been push thru 11/16?
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November 10, 2019, 04:28:38 PM
 #24

This is just a network test. I do not understand.
After start this test-coins be transferred to the main network? How?
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November 12, 2019, 08:28:22 AM
 #25

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 raised 69 mln already. And this is crazy amount. I don't understand people who invest in such projects nowdays. For example hedera raised 100 mln and now is trading just 0.3x from ICO price (while just 2% tokens in circulating)

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November 15, 2019, 12:26:56 AM
 #26

This is just a network test. I do not understand.
After start this test-coins be transferred to the main network? How?

users will receive a % of the testnet tokens they mined as mainnet coins once they launch their blockchain

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November 16, 2019, 04:10:43 PM
 #27

price is not even higer than ico , another voskcoin special flop lol
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November 18, 2019, 12:18:13 PM
 #28

One must admit... the whole testnet mining competition reward shizzle... ended up being very disappointing.

In the end, not even worth the usb stick the mining os is running off.



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VoskCoin
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November 18, 2019, 07:45:56 PM
 #29

price is not even higer than ico , another voskcoin special flop lol
I have nothing to do with prices, I made a video guide on how to mine it and why I thought it was interesting.

I'm sorry something in your personal life is severely lacking and you feel the need to continuously troll me for over a year now.

I'm genuinely happy and no dumb shit online is going to bother me lol

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November 18, 2019, 07:47:11 PM
 #30

One must admit... the whole testnet mining competition reward shizzle... ended up being very disappointing.

In the end, not even worth the usb stick the mining os is running off.

How much hash for how many days did you mine w/ and what were your results?

Personally I was expecting higher-earning results, but it's not any less than I would have made mining other common coins in this market :/

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November 18, 2019, 09:27:12 PM
 #31

Personally I was expecting higher-earning results
I was not. Whilst the project itself looked interesting, I stopped mining it on testnet after a few days because the math just didn't add up... unless the price would've kicked up substantially from the ico (which, of course, could've happened, but wasn't very likely nowadays), or the expected distribution ratio of testnet coins had improved.

By all means, the price might still turn around and start climbing.
But at $0.01, it never made sense, really.



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veil|     PRIVACY     
     WITHOUT COMPROMISE.       
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|   NO ICO. NO PREMINE. 
   X16RT GPU Mining. Fair distribution.   
|      The first Zerocoin-based Cryptocurrency       
   WITH ALWAYS-ON PRIVACY.   
|



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November 19, 2019, 07:50:50 AM
 #32

Personally I was expecting higher-earning results
I was not. Whilst the project itself looked interesting, I stopped mining it on testnet after a few days because the math just didn't add up... unless the price would've kicked up substantially from the ico (which, of course, could've happened, but wasn't very likely nowadays), or the expected distribution ratio of testnet coins had improved.

By all means, the price might still turn around and start climbing.
But at $0.01, it never made sense, really.
yeah, mining not really interesting if you pay for electricity  Cheesy we need prices like 0.1$ per CKB to make it interesting. 1 x1080Ti is eating at least 50 $cents a day if you are at a 0.15$ per kwh price.
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November 19, 2019, 04:57:24 PM
 #33

Personally I was expecting higher-earning results
I was not. Whilst the project itself looked interesting, I stopped mining it on testnet after a few days because the math just didn't add up... unless the price would've kicked up substantially from the ico (which, of course, could've happened, but wasn't very likely nowadays), or the expected distribution ratio of testnet coins had improved.

By all means, the price might still turn around and start climbing.
But at $0.01, it never made sense, really.
yeah, mining not really interesting if you pay for electricity  Cheesy we need prices like 0.1$ per CKB to make it interesting. 1 x1080Ti is eating at least 50 $cents a day if you are at a 0.15$ per kwh price.
its dowb under .01 cent now , id like to see how voskcoin says he broke eveb on this pos, maybe it goes higer down the line but as for now the testnet mining at such a small percentage paid out for full hash wasted does not add up to anything less than big losses for miners. 

if you were dual mining tho , you might be ok
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November 20, 2019, 01:42:55 AM
 #34

See many people complaining about the Value of the CKB!!!

Makes me think why even discuss now people complaining about a coin that can be mined, mining is difficult and for once there is a coin that can be mined (CKB), instead to focus on instant reward miners should look into what could be in the future!!!

Promote instead of complaining that will bring the value up!!

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November 20, 2019, 02:45:42 AM
Merited by VoskCoin (1)
 #35

See many people complaining about the Value of the CKB!!!

Makes me think why even discuss now people complaining about a coin that can be mined, mining is difficult and for once there is a coin that can be mined (CKB), instead to focus on instant reward miners should look into what could be in the future!!!

Promote instead of complaining that will bring the value up!!



When u have a job you do, that you trade for a wage, do you complain your company could be paying you more if the companies shares or evaluation was higher? Cheesy
generally not. you take what you are offered and choose to accept it(or not) before staring the job.  miners are like that, most provide a service, and expect to be paid for it retaliative to what it cost to put in, but its THEIR choice to mine or not
sadly, all new PoW coins are immediately taken over by FPGAs now, the only profit is in pumps : /  and everyone has a different "cost to acquire"
CKB will prob pump, but could take 6 months to 3 years to do so Sad   i did the same tho, quit mining after a bit as it seemed not really worth it
now i have a few coins for a moonbag one day, throw them in the closet with the rest! Tongue

and cmon now, we all know Vosk has nothing to do with these projects haha, he's just a content creator Tongue he discusses w.e is happening around him Tongue so lets not blame him haha
if it moons in 2 years would yall THANK him? Tongue Tongue    CKB is currently "schrödinger's coin" , it's still yet to be seen if worthless in the long term Tongue Tongue  
you could say BTC was worthless in its first YEARS alive if you only counted price Wink

 
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November 23, 2019, 09:20:47 AM
 #36

See many people complaining about the Value of the CKB!!!

Makes me think why even discuss now people complaining about a coin that can be mined, mining is difficult and for once there is a coin that can be mined (CKB), instead to focus on instant reward miners should look into what could be in the future!!!

Promote instead of complaining that will bring the value up!!



When u have a job you do, that you trade for a wage, do you complain your company could be paying you more if the companies shares or evaluation was higher? Cheesy
generally not. you take what you are offered and choose to accept it(or not) before staring the job.  miners are like that, most provide a service, and expect to be paid for it retaliative to what it cost to put in, but its THEIR choice to mine or not
sadly, all new PoW coins are immediately taken over by FPGAs now, the only profit is in pumps : /  and everyone has a different "cost to acquire"
CKB will prob pump, but could take 6 months to 3 years to do so Sad   i did the same tho, quit mining after a bit as it seemed not really worth it
now i have a few coins for a moonbag one day, throw them in the closet with the rest! Tongue

and cmon now, we all know Vosk has nothing to do with these projects haha, he's just a content creator Tongue he discusses w.e is happening around him Tongue so lets not blame him haha
if it moons in 2 years would yall THANK him? Tongue Tongue    CKB is currently "schrödinger's coin" , it's still yet to be seen if worthless in the long term Tongue Tongue  
you could say BTC was worthless in its first YEARS alive if you only counted price Wink


You absolutely nailed it!  Grin
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November 27, 2019, 07:46:18 PM
 #37

See many people complaining about the Value of the CKB!!!

Makes me think why even discuss now people complaining about a coin that can be mined, mining is difficult and for once there is a coin that can be mined (CKB), instead to focus on instant reward miners should look into what could be in the future!!!

Promote instead of complaining that will bring the value up!!



When u have a job you do, that you trade for a wage, do you complain your company could be paying you more if the companies shares or evaluation was higher? Cheesy
generally not. you take what you are offered and choose to accept it(or not) before staring the job.  miners are like that, most provide a service, and expect to be paid for it retaliative to what it cost to put in, but its THEIR choice to mine or not
sadly, all new PoW coins are immediately taken over by FPGAs now, the only profit is in pumps : /  and everyone has a different "cost to acquire"
CKB will prob pump, but could take 6 months to 3 years to do so Sad   i did the same tho, quit mining after a bit as it seemed not really worth it
now i have a few coins for a moonbag one day, throw them in the closet with the rest! Tongue

and cmon now, we all know Vosk has nothing to do with these projects haha, he's just a content creator Tongue he discusses w.e is happening around him Tongue so lets not blame him haha
if it moons in 2 years would yall THANK him? Tongue Tongue    CKB is currently "schrödinger's coin" , it's still yet to be seen if worthless in the long term Tongue Tongue  
you could say BTC was worthless in its first YEARS alive if you only counted price Wink


You already know this, but you're a smart guy Cheesy

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November 27, 2019, 08:43:35 PM
 #38

See many people complaining about the Value of the CKB!!!

Makes me think why even discuss now people complaining about a coin that can be mined, mining is difficult and for once there is a coin that can be mined (CKB), instead to focus on instant reward miners should look into what could be in the future!!!

Promote instead of complaining that will bring the value up!!



-snip-

worthless
worthless
worthless
worthless
worthless
worthless
worthless
worthless

-snip-


only focus on one word folks  Cheesy .....your path to nirvana LOL
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November 28, 2019, 07:33:07 AM
 #39

As i calculated, CKB+ETH(ETC) is more profitable than WTM but using dual mine with 1063 looks about 5-10% more than other coins. And CRTX looks more profitable for 8GB+ GPUs

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