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Author Topic: Why mining X11 coins is not profitable?  (Read 4764 times)
DMacleod
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May 09, 2014, 08:32:16 PM
 #1

So I've been thinking:

X11 is cooler, consumes about 40% less electricity. Should be very important for all GPU miners (or almost all of them).
So why all X11 coins are not profitable to mine?

What is your opinion?
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Amph
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May 09, 2014, 08:38:34 PM
 #2

because the buyers are still buying scrypt crap coin
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May 09, 2014, 08:39:22 PM
 #3

fpga


 
 
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fattypig
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May 10, 2014, 02:14:45 AM
 #4

So I've been thinking:

X11 is cooler, consumes about 40% less electricity. Should be very important for all GPU miners (or almost all of them).
So why all X11 coins are not profitable to mine?

What is your opinion?

Because of the 40% less electricity, more miners mine and thus the revenue is lower. So if your electricity is really really high then it might be more profit to mine x11 then.

SpeedDemon13
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May 10, 2014, 03:39:35 AM
 #5

fpga

Where is these FPGA X11 miners?

CRYPTSY exchange: https://www.cryptsy.com/users/register?refid=9017 BURST= BURST-TE3W-CFGH-7343-6VM6R BTC=1CNsqGUR9YJNrhydQZnUPbaDv6h4uaYCHv ETH=0x144bc9fe471d3c71d8e09d58060d78661b1d4f32 SHF=0x13a0a2cb0d55eca975cf2d97015f7d580ce52d85 EXP=0xd71921dca837e415a58ca0d6dd2223cc84e0ea2f SC=6bdf9d12a983fed6723abad91a39be4f95d227f9bdb0490de3b8e5d45357f63d564638b1bd71 CLAMS=xGVTdM9EJpNBCYAjHFVxuZGcqvoL22nP6f SOIL=0x8b5c989bc931c0769a50ecaf9ffe490c67cb5911
simhbary
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May 10, 2014, 03:58:51 AM
 #6

fpga

yeah,many many fpga mining x11
stacksmasher
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May 10, 2014, 05:01:48 AM
 #7


I went to a 2600 meeting and was offered a modified cgminer and driver for Gridseed to mine X11. The dude wanted 20 BTC for it. I watched him install it and submit shares so its legit.



fpga

yeah,many many fpga mining x11
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May 10, 2014, 05:43:49 AM
 #8

As not every scrypt coin is profitable to mine, same goes with X11 coins also.
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May 10, 2014, 06:07:30 AM
 #9

remember that x11 miner are not optimized, this mean that someone have the optimized miner already and he/they is/are miing with +50%-100% more hashrate
DMacleod
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May 10, 2014, 07:12:34 AM
 #10

I mine with 4 7950 cards, the hashrate is 4.1-4.4 MH/S.
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May 10, 2014, 07:47:41 AM
 #11


I went to a 2600 meeting and was offered a modified cgminer and driver for Gridseed to mine X11. The dude wanted 20 BTC for it. I watched him install it and submit shares so its legit.



fpga

yeah,many many fpga mining x11

cool story, bro.                                                                                                                                                                                                                                                         






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May 10, 2014, 08:21:35 AM
 #12

Because t too many coins using X11 algorithm, you even can't count how many, but the current market situation is not very good,so low.

Cool address:CaX6TwZAh5e93tfJwqsGVdP8UPRYMVfLZf
a137924685
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May 10, 2014, 08:29:29 AM
 #13


I went to a 2600 meeting and was offered a modified cgminer and driver for Gridseed to mine X11. The dude wanted 20 BTC for it. I watched him install it and submit shares so its legit.



fpga

yeah,many many fpga mining x11

I wonder if this is true.
More proof pls.

Equate
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May 10, 2014, 09:34:05 AM
 #14


I went to a 2600 meeting and was offered a modified cgminer and driver for Gridseed to mine X11. The dude wanted 20 BTC for it. I watched him install it and submit shares so its legit.



fpga

yeah,many many fpga mining x11

I wonder if this is true.
More proof pls.

There are only rumours about x11 fpga atm and nobody has posted any substantial proof . But it could be possible.
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May 10, 2014, 09:52:45 AM
 #15


I went to a 2600 meeting and was offered a modified cgminer and driver for Gridseed to mine X11. The dude wanted 20 BTC for it. I watched him install it and submit shares so its legit.



fpga

yeah,many many fpga mining x11

I wonder if this is true.
More proof pls.

There are only rumours about x11 fpga atm and nobody has posted any substantial proof . But it could be possible.

Everybody would know or have the info would mine themselves quietly. Anybody have info please msg me and I will pay you half my profit.. Smiley

Equate
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May 10, 2014, 09:58:56 AM
 #16


I went to a 2600 meeting and was offered a modified cgminer and driver for Gridseed to mine X11. The dude wanted 20 BTC for it. I watched him install it and submit shares so its legit.



fpga

yeah,many many fpga mining x11

I wonder if this is true.
More proof pls.

There are only rumours about x11 fpga atm and nobody has posted any substantial proof . But it could be possible.

Everybody would know or have the info would mine themselves quietly. Anybody have info please msg me and I will pay you half my profit.. Smiley

Yes, same thing happened with XPM , GPU miner was made public after long time when XPM mining became less profitable . Even now XPM GPU miner is sold. So if there is any optimised version of cgminer or fpga , I don't think  you will get it unless you pay hefty amount.
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May 10, 2014, 10:56:17 AM
 #17

that's funny stackmasher is telling the same story on different thread (some dude wanted to sell it some modified asic miner) twice:
*1 for scrypt-n
*1 for X11

So didn't you pay the 30BTC (10 for scrypt-n, 20 for X11) ?

djm34 facebook page
BTC: 1NENYmxwZGHsKFmyjTc5WferTn5VTFb7Ze
Pledge for neoscrypt ccminer to that address: 16UoC4DmTz2pvhFvcfTQrzkPTrXkWijzXw
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May 10, 2014, 11:11:03 AM
 #18

I mine with 4 7950 cards, the hashrate is 4.1-4.4 MH/S.

it should be higher really, like 6MH/s
ingvarfervent
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May 10, 2014, 06:52:32 PM
 #19

now profitable  Cool
stacksmasher
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May 12, 2014, 04:07:36 PM
 #20


Actually the SCRYPT-N was only for a private pool. I am just trying to keep people from getting ripped off.... is that a crime?



that's funny stackmasher is telling the same story on different thread (some dude wanted to sell it some modified asic miner) twice:
*1 for scrypt-n
*1 for X11

So didn't you pay the 30BTC (10 for scrypt-n, 20 for X11) ?
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