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Author Topic: Bytecoin (BCN) CPU-mining economics  (Read 14885 times)
Hexah (OP)
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April 07, 2014, 04:38:36 PM
 #1

Hi, guys!
It's two weeks since I've started mining Bytecoin (BCN).
Now I mine on my PC (Intel Core  i7-920 Processor) that gives me 9H/s solo mining.
Current diff is ~526 000.
I mean Bytecoin diff - an "integer value, which informally represents an average amount of work (number of hashes calculated)
one needs to perform in order to create the current block." https://wiki.bytecoin.org/wiki/Difficulty

Exchange rate is 0.2 uBTC (according to https://bitcointalk.org/index.php?topic=531925.0)
So my solo-mining revenue is 0.258 BTC in a week.
I should say it's pretty good result!

I also mine via VPS (2.13 H/s) that gives me 2 blocks -> 0.05 BTC per week. Yes, now it doesn't cover my VPS expences, but I hope one day I will do twice current BTC.

What's your mining power and revenue?
thankful_for_today
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April 07, 2014, 05:07:19 PM
 #2

Now I mine on my PC (Intel Core  i7-920 Processor) that gives me 9H/s solo mining.
Current diff is ~526 000.
I mean Bytecoin diff - an "integer value, which informally represents an average amount of work (number of hashes calculated)
one needs to perform in order to create the current block." https://wiki.bytecoin.org/wiki/Difficulty

Exchange rate is 0.2 uBTC (according to https://bitcointalk.org/index.php?topic=531925.0)
So my solo-mining revenue is 0.258 BTC in a week.

0.258 BTC/week is like Litecoin GPU farm giving 8800kh/s (i.e. 10-14 high-end GPU).



The only difference is that no GPU is required. Cool story, bro.

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BTC: 1F1Ryrc2gvJQsVNTS5xvCxKugMjvbFRzX4
DStrange
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April 07, 2014, 06:14:38 PM
 #3




Johnny Mnemonic
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April 07, 2014, 06:58:57 PM
Last edit: April 07, 2014, 07:15:58 PM by Johnny Mnemonic
 #4

How are you able to get 9 H/s on a i7 920 mining bcn? I have the same cpu and I can't break 4 H/s
Cheesus
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April 09, 2014, 10:09:23 AM
 #5

How are you able to get 9 H/s on a i7 920 mining bcn? I have the same cpu and I can't break 4 H/s
Maybe he is using different operating system?

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Hexah (OP)
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April 09, 2014, 10:20:49 AM
 #6

How are you able to get 9 H/s on a i7 920 mining bcn? I have the same cpu and I can't break 4 H/s
Maybe he is using different operating system?
I'm using Linux on my desktop mining PC, you?
SuperKing
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April 09, 2014, 11:49:10 AM
 #7

As you say, Bytecoin is a good coin for CPU mining.
So I will try this.
I didn't konw to mining which coin recently.

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Monetizer
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April 09, 2014, 12:06:36 PM
 #8

Interesting, maybe I could try get GPU and CPU mining going at the same time. Is there a list of CPU speeds etc?
Monetizer
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April 10, 2014, 06:49:01 AM
 #9

Interesting, maybe I could try get GPU and CPU mining going at the same time. Is there a list of CPU speeds etc?

Have you seen https://wiki.bytecoin.org/wiki/Mining_hardware_comparison

No I havent. Thankyou for pointing it out, I will have a look now.
Bitcoin Fiction
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April 10, 2014, 09:19:29 AM
 #10

Interesting, maybe I could try get GPU and CPU mining going at the same time. Is there a list of CPU speeds etc?
You're not able to start Bytecoin mining with GPU... or did you meant you're currently mining something with GPU and just going to load your PC with CPU mining as well?

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April 11, 2014, 09:34:04 AM
 #11




Not bad indeed! Going to give BCN a 24x7 ride - holla holla get dolla Cheesy
Hexah (OP)
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April 11, 2014, 11:34:34 AM
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Interesting, maybe I could try get GPU and CPU mining going at the same time. Is there a list of CPU speeds etc?

Have you seen https://wiki.bytecoin.org/wiki/Mining_hardware_comparison

I wonder why there are so many Intel processors and very few of AMD's...  Huh
Cheesus
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April 12, 2014, 06:07:16 AM
 #13

So... what are you current status guys? How much money you've been able to get? Didn't go well for me with my i5. Bad luck guys.

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Johnny Mnemonic
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April 13, 2014, 07:23:14 PM
 #14

When I started mining a few weeks ago I was averaging about 100k/day (4.5 H/s). Right now I'm getting around 35k/day.
bitwho
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April 13, 2014, 08:14:57 PM
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i doubt this is cpu only
sorryforthat
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April 14, 2014, 01:46:16 AM
 #16

i doubt this is cpu only

It is CPU Only

Can you give a break down of how you were able to get it functional on VPS. I was plagued with error after error on Ubunut. Tried multiple images and ram packages.
Bitcoin Fiction
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April 14, 2014, 08:32:59 AM
 #17

So... what are you current status guys? How much money you've been able to get? Didn't go well for me with my i5. Bad luck guys.
Was able to get 500k within a week on windows/i7. Not much but


EndlessWin
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April 14, 2014, 01:27:00 PM
 #18

it's time to film a movie "Difficulty rises" bytecoin version. 800k+ atm.

with difficulty recalculating every 2 minutes it's easy to assemble a gambling site with "Guess the difficulty" game. Smiley

tired of identical bitcoin forks? try out BCN - no ASICs, no transaction tracking https://bitcointalk.org/index.php?topic=512747.0
Hexah (OP)
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April 14, 2014, 02:38:53 PM
 #19

it's time to film a movie "Difficulty rises" bytecoin version. 800k+ atm.

with difficulty recalculating every 2 minutes it's easy to assemble a gambling site with "Guess the difficulty" game. Smiley

That's actually a valuable idea. I remember a Bitcoin game "Guess the exchange rate" based on the same concept.
EndlessWin
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April 14, 2014, 03:36:54 PM
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it's time to film a movie "Difficulty rises" bytecoin version. 800k+ atm.

with difficulty recalculating every 2 minutes it's easy to assemble a gambling site with "Guess the difficulty" game. Smiley

That's actually a valuable idea. I remember a Bitcoin game "Guess the exchange rate" based on the same concept.

hm. then this type of gambling won't take long to establish. maybe there are some good-to-go website decision.

tired of identical bitcoin forks? try out BCN - no ASICs, no transaction tracking https://bitcointalk.org/index.php?topic=512747.0
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