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Author Topic: Going after this alt again  (Read 124 times)
CryptoATM (OP)
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May 01, 2022, 03:12:22 PM
 #1

XEC has been on of my favourite altcoin for not too long ago, I plan to have some millions of this coin before 2025 but I stopped exchanging my ETH to XEC after it surges a month ago but now it's down, I think this is a good time to start swapping ETH to XEC once again, also is there any Asic miner that doesn't take much power that I can use mainly for XEC mining?.
Coinfarm ventures
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May 01, 2022, 06:45:08 PM
 #2

Yes, there is the Bitmain Antminer S19j, but it's expensive and you should probably mine BTC/BCH because they're the most profitable coins on that hardware. Then you can trade in those coins for XEC.
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May 01, 2022, 07:16:27 PM
 #3

Am I missing something here?  XEC is eCash right, is that the one you are talking about?  If so isn't that PoS and not PoW, so you wouldn't even use any hardware to "mine" more XEC.  rather you would stake to get rewards like every other PoS protocol, no?

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swogerino
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May 01, 2022, 09:09:41 PM
 #4

Am I missing something here?  XEC is eCash right, is that the one you are talking about?  If so isn't that PoS and not PoW, so you wouldn't even use any hardware to "mine" more XEC.  rather you would stake to get rewards like every other PoS protocol, no?

As far as I know it was a mineable coin as I have seen philipma1967 talking about using 25% of his power from a couple of miners or a bit less to mine some several thousand of this coin daily.I think it should still be mineable but the OP is saying some miner that does not consume a lot of energy and most Sha algorithm miners are energy intensive in consume so I don't know for example any 500-700 watt to mine this algorithm pretty well.

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philipma1957
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May 02, 2022, 03:17:31 AM
 #5

Am I missing something here?  XEC is eCash right, is that the one you are talking about?  If so isn't that PoS and not PoW, so you wouldn't even use any hardware to "mine" more XEC.  rather you would stake to get rewards like every other PoS protocol, no?

As far as I know it was a mineable coin as I have seen philipma1967 talking about using 25% of his power from a couple of miners or a bit less to mine some several thousand of this coin daily.I think it should still be mineable but the OP is saying some miner that does not consume a lot of energy and most Sha algorithm miners are energy intensive in consume so I don't know for example any 500-700 watt to mine this algorithm pretty well.

he can mine it with an s15 set the s15 to low setting it is fairly efficient.

I have 7,500,000 xec from my s15 but that splits 3 ways. we have them ladder listed at coinex.

750,000 at a dollar
750,000 at 50 cents
750,000 at 10 cents
750,000 at.  5 cents
750,000 at.  1 cent

hodl the rest.

1 th earns 2200 xec a day.

the s15 on low earns 23x that about 50000 xec a day.

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MidNite36
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May 02, 2022, 06:42:11 AM
 #6

You will earn a lot more if you can just mine Ethereum to viabtc and exchange the ETH to XEC on the CoinEX exchange, get a 3080 RTX, this GPU will give you 3.7$ per day and that's the exact amount for 50,000 XEC right now, you will burn less electricity for this.

0.00007 x 50,000 = 3.5$ using 250watt
GEMIN_M4
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May 02, 2022, 04:22:12 PM
 #7

I like eCash as well but I prefer buying the coin using dollar cost average, every 1$ eCash will become big someday, its the way I plan to store some Bitcoin as well so it will be easy for me, eCash might get to 0.02$ someday probably if Bitcoin goes a bit over 100k maybe.

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philipma1957
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May 03, 2022, 01:30:55 AM
 #8

You will earn a lot more if you can just mine Ethereum to viabtc and exchange the ETH to XEC on the CoinEX exchange, get a 3080 RTX, this GPU will give you 3.7$ per day and that's the exact amount for 50,000 XEC right now, you will burn less electricity for this.

0.00007 x 50,000 = 3.5$ using 250watt

Except that buying all the parts for the rig are not factored in.

3080 fe for about 1000
mobo and the rest = 200

so 1200 to do it.

If he has a s15 cost = 0

s15 power 900 21.6 kwatts

gpu rig power = 300 not 250 as the rest of the rig uses 50 so 7.2 kwatts

14 kwatt difference  at 10 cents $1.40

1200/1.40 = 857 day difference. If he mines for 100 days he is at 5,000,000 coins

But I had the s15 in hand and used it to mine xec vs btc

If he is buying the s15 it costs more than the rig you mention.

So you would be correct.


For me I had the gear and just mined it.

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S3300
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May 03, 2022, 08:28:07 AM
 #9

GPU will save you a lot of money and power consumption too, this is a good idea for those who have high electricity bills, we can't deny the fact that Asic miners consume way too high electricity compared to graphic cards, mine ethereum direct and exchange it to XEC, I am already at 3million XEC now and that's just me using 10% of my mining payout every three days.

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