ranlo
Legendary
 Offline
Activity: 1974
Merit: 1007
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May 20, 2014, 07:42:48 PM |
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True... maybe my problem is more because I don't want to keep playing the cat-and-mouse game for the next 30 years just to even take part. When BTC first started everyone was invited. Now it's a "buy new hardware every couple months or you're screwed" game.
you can still do that with Scrypt-N and X11 coins... but I agree.. when you're not making much money, its not fun at all... just like real life miners..... some lucky bastards find a nugget... while everyone else is digging around in the dirt all day long looking for specs of dust lol.. but hey.. at least I do have the best gaming rig in town and will do for quite some time lolz. Both of these types are far less than profitable right now. Scrypt is the only coin I can mine with a GPU and make back electric costs, and that is about to be a no-go as well. X11/-N are both less rewarding. |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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mouseman
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May 20, 2014, 07:42:55 PM |
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Just entered 3 votes...will stick with it every so few hours like I did last month. Join me and it will be #1. We are far closer this time guys. |
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ptman
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May 20, 2014, 07:59:23 PM |
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Both of these types are far less than profitable right now. Scrypt is the only coin I can mine with a GPU and make back electric costs, and that is about to be a no-go as well. X11/-N are both less rewarding.
x11 is rewarding if you have a NVIDIA 750 Ti. There has been reports of 2~3 MH/s, while consuming less that 40 watts... Also the card costs less than 140 euros. |
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ptman
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May 20, 2014, 08:01:43 PM |
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Just entered 3 votes...will stick with it every so few hours like I did last month. Join me and it will be #1. We are far closer this time guys. Each vote costs only 0,00005 BTC. Do you think this is the right time to be listed on the Conkort exchange? If it is them we should just buy the rest of the votes. We need 200 votes to be on top. 0,00005*200 = 0.01 BTC |
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p4r4m0un7
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May 20, 2014, 08:01:50 PM |
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Please put lill.com in your signatures.
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ranlo
Legendary
Offline
Activity: 1974
Merit: 1007
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May 20, 2014, 08:06:15 PM |
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Both of these types are far less than profitable right now. Scrypt is the only coin I can mine with a GPU and make back electric costs, and that is about to be a no-go as well. X11/-N are both less rewarding.
x11 is rewarding if you have a NVIDIA 750 Ti. There has been reports of 2~3 MH/s, while consuming less that 40 watts... Also the card costs less than 140 euros. Ah, so it's a card-based profit. I run a 7950 which is around 250w (based on what others said) and is 1.3 MH/s... |
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ptman
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May 20, 2014, 08:07:38 PM |
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Ah, so it's a card-based profit. I run a 7950 which is around 250w (based on what others said) and is 1.3 MH/s...
Using your card is cost effective for Scrypt, but not that much for x11. |
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ptman
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May 20, 2014, 08:07:53 PM |
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Please put lill.com in your signatures.
Thanks. That is an excellent idea. We should all do it! Specially the members that post a lot in other threads of the forum. |
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ranlo
Legendary
Offline
Activity: 1974
Merit: 1007
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May 20, 2014, 08:11:20 PM |
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Ah, so it's a card-based profit. I run a 7950 which is around 250w (based on what others said) and is 1.3 MH/s...
Using your card is cost effective for Scrypt, but not that much for x11. At least for right now. I'm about to the break-even point as it is. It's soon (due to Scrypt ASICs) no longer going to be profitable. |
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AGcrypto
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May 20, 2014, 08:16:55 PM |
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Saw a news piece on Scrypt Asics today - 8MH/s for $350 on a single pci express card pulling 40 watts coming as soon as July. If we put aside POS from the discussion we should at least talk about switching to a more Asic resistant alg - It might buy us a year but its better than getting hammered and dumped to hell.
I don't think we are in danger of being hammered and dumped because in order to sell coins you have to have buyers and most of the buyers are holding on to their coins so the coins are not recycled. If anything these asics will just make it easier for people to buy coins and bring the diff up making it harder to mine them. In the end the coin will not be hurt, it will be the small miner that will truly feel the pain. Even then all they have to do is mine a different coin or algo with higher mining rewards and then just covert them to LTC and then buy Karma increasing the daily volume, at the same time taking the coins out of the hands of dumpers and holding them in their wallet for the shares benefit. And if all ells fails just buy a asic and mine karma. As long as you are not a dumper you will be making it harder for dumpers to profit. Once the value goes up high enough and the volume levels steady out, more coins will be held within our ecosystem and less will be dumped in big chunks. |
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p4r4m0un7
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May 20, 2014, 08:18:55 PM |
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I am thinking of some kind of altcoins video presentations or interviews. Something like Youtube channel. Or try to put it on Hireplex if possible. And not only Karma, but most of the popular altcoins. Some alliance can be made and members of development teams can answer questions, present their vision, mission, achievements, goals and overall the whole ecosystem/economy via telebridge. This can be presented as independent altcoin studio or something. Is there something like that already? I only find videos of alternative crypto currencies overall. I think this would be very good way our dev team to shine in full scale.
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ptman
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May 20, 2014, 08:19:37 PM |
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Saw a news piece on Scrypt Asics today - 8MH/s for $350 on a single pci express card pulling 40 watts coming as soon as July. If we put aside POS from the discussion we should at least talk about switching to a more Asic resistant alg - It might buy us a year but its better than getting hammered and dumped to hell.
I don't think we are in danger of being hammered and dumped because in order to sell coins you have to have buyers and most of the buyers are holding on to their coins so the coins are not recycled. If anything these asics will just make it easier for people to buy coins and bring the diff up making it harder to mine them. In the end the coin will not be hurt, it will be the small miner that will truly feel the pain. Even then all they have to do is mine a different coin or algo with higher mining rewards and then just covert them to LTC and then buy Karma increasing the daily volume, at the same time taking the coins out of the hands of dumpers and holding them in their wallet for the shares benefit. And if all ells fails just buy a asic and mine karma. As long as you are not a dumper you will be making it harder for dumpers to profit. Once the value goes up high enough and the volume levels steady out, more coins will be held within our ecosystem and less will be dumped in big chunks. I see your point, but I continue to say that if all people that believe in Karma mined it, then the interest of other miners would skyrocket. Basically, difficult goes up very fast -> Everyone goes crazy and the price shoots up Not that it is imperative in the long run... |
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ranlo
Legendary
Offline
Activity: 1974
Merit: 1007
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May 20, 2014, 08:21:33 PM |
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I am thinking of some kind of altcoins video presentations or interviews. Something like Youtube channel. Or try to put it on Hireplex if possible. And not only Karma, but most of the popular altcoins. Some alliance can be made and members of development teams can present their vision, mission, achievements, goals and overall the whole ecosystem/economy via telebridge. This can be presented as independent altcoin studio or something. Is there something like that already? I only find videos of alternative crypto currencies overall. I think this would be very good way our dev team to shine in full scale.
Alliances between coins are a great idea, but they haven't been working out too well. I do agree with the video channel, though. It could tie in all of Karma's properties as well to help build a bigger following. |
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p4r4m0un7
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May 20, 2014, 08:28:08 PM |
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I am thinking of some kind of altcoins video presentations or interviews. Something like Youtube channel. Or try to put it on Hireplex if possible. And not only Karma, but most of the popular altcoins. Some alliance can be made and members of development teams can present their vision, mission, achievements, goals and overall the whole ecosystem/economy via telebridge. This can be presented as independent altcoin studio or something. Is there something like that already? I only find videos of alternative crypto currencies overall. I think this would be very good way our dev team to shine in full scale.
Alliances between coins are a great idea, but they haven't been working out too well. I do agree with the video channel, though. It could tie in all of Karma's properties as well to help build a bigger following. OK. We can drop alliances.  I am wondering how we can attract attention from crypto world at first place. Then spread influence and attract outside investors. Tony for example has unique ability to express himself and I don`t think that we should leave him to catch a breath.  Damn, I wish I was native English speaker. |
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ranlo
Legendary
Offline
Activity: 1974
Merit: 1007
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May 20, 2014, 08:33:55 PM |
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I am thinking of some kind of altcoins video presentations or interviews. Something like Youtube channel. Or try to put it on Hireplex if possible. And not only Karma, but most of the popular altcoins. Some alliance can be made and members of development teams can present their vision, mission, achievements, goals and overall the whole ecosystem/economy via telebridge. This can be presented as independent altcoin studio or something. Is there something like that already? I only find videos of alternative crypto currencies overall. I think this would be very good way our dev team to shine in full scale.
Alliances between coins are a great idea, but they haven't been working out too well. I do agree with the video channel, though. It could tie in all of Karma's properties as well to help build a bigger following. OK. We can drop alliances. I am wondering how we can attract attention from crypto world at first place. Then spread influence and attract outside investors. Tony for example has unique ability to express himself and I don`t think that we should leave him to catch a breath. Damn, I wish I was native English speaker. Karma's projects should help out a lot with things. If they are spread out by the community, it will spark interest. The search engine with its rewards will be a major part, and I liken it to things like SwagBucks, which is also pretty popular. Things should continue up from there. |
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AGcrypto
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May 20, 2014, 08:43:46 PM |
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I am thinking of some kind of altcoins video presentations or interviews. Something like Youtube channel. Or try to put it on Hireplex if possible. And not only Karma, but most of the popular altcoins. Some alliance can be made and members of development teams can present their vision, mission, achievements, goals and overall the whole ecosystem/economy via telebridge. This can be presented as independent altcoin studio or something. Is there something like that already? I only find videos of alternative crypto currencies overall. I think this would be very good way our dev team to shine in full scale.
Alliances between coins are a great idea, but they haven't been working out too well. I do agree with the video channel, though. It could tie in all of Karma's properties as well to help build a bigger following. OK. We can drop alliances. I am wondering how we can attract attention from crypto world at first place. Then spread influence and attract outside investors. Tony for example has unique ability to express himself and I don`t think that we should leave him to catch a breath. Damn, I wish I was native English speaker. Karma's projects should help out a lot with things. If they are spread out by the community, it will spark interest. The search engine with its rewards will be a major part, and I liken it to things like SwagBucks, which is also pretty popular. Things should continue up from there. I agree, people need to remember that the Karmashares LLC has only been formed for only a few weeks and as the biggest advocates of Karma have already done more to promote Karma than anyone ells in the entire existents of the coin. If this much attention has already been brought back to Karma in such a short time imagine how much exposure Karma will have in the world after a few months, especially after projects in the works start hitting the public. Karma has a very bright future and the best time to buy is now. |
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ranlo
Legendary
Offline
Activity: 1974
Merit: 1007
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May 20, 2014, 08:45:43 PM |
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I am thinking of some kind of altcoins video presentations or interviews. Something like Youtube channel. Or try to put it on Hireplex if possible. And not only Karma, but most of the popular altcoins. Some alliance can be made and members of development teams can present their vision, mission, achievements, goals and overall the whole ecosystem/economy via telebridge. This can be presented as independent altcoin studio or something. Is there something like that already? I only find videos of alternative crypto currencies overall. I think this would be very good way our dev team to shine in full scale.
Alliances between coins are a great idea, but they haven't been working out too well. I do agree with the video channel, though. It could tie in all of Karma's properties as well to help build a bigger following. OK. We can drop alliances. I am wondering how we can attract attention from crypto world at first place. Then spread influence and attract outside investors. Tony for example has unique ability to express himself and I don`t think that we should leave him to catch a breath. Damn, I wish I was native English speaker. Karma's projects should help out a lot with things. If they are spread out by the community, it will spark interest. The search engine with its rewards will be a major part, and I liken it to things like SwagBucks, which is also pretty popular. Things should continue up from there. Karma has a very bright future and the best time to buy is now. Very true, although the exchanges would have you believe now is the time to sell, :p. I think people are going to be very upset when they realize they sold out cheap and the projects become profitable. It doesn't take that much at this point to earn more than you invested. |
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ptman
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May 20, 2014, 09:42:49 PM |
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I'm going to buy more Karm now! To the miners that are mining Karm in my pool:I will try my best to attract more miners to make the block discovery more frequent. pool.terahashers.com |
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CatKiwi
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May 21, 2014, 12:04:33 AM |
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I'm going to buy more Karm now! To the miners that are mining Karm in my pool:I will try my best to attract more miners to make the block discovery more frequent. pool.terahashers.comAfter 24 hours of problem free use and payment on time I would like to officially endorse this pool as the best pool I have tried to date. My address KMSoy will continue to mine with this pool until it is no longer profitable to GPU mine 😎 |
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