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Author Topic: Goodbye GPU litecoin mining.  (Read 4177 times)
jonnysomething
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May 02, 2014, 06:55:28 PM
 #41

there are so many decent gpu alternatives. just mine those, dump and buy litecoin. its barely a difference.

I have been trying to find a good alt to mine. Any suggestions?

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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ymer (OP)
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May 02, 2014, 07:44:15 PM
 #42

there are so many decent gpu alternatives. just mine those, dump and buy litecoin. its barely a difference.

I have been trying to find a good alt to mine. Any suggestions?



I stick to Vertcoin... the Darkcoin block reward algorithm is fuking retarded.
Oldminer
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May 02, 2014, 10:16:42 PM
 #43

Nothing but 4 mhs and but I am still on the profit side with gpu. Besides I mine with the future in mind, not the present.

And this folks, is how you win in this game.

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
Rawdawg-
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May 05, 2014, 01:59:56 AM
 #44

Anybody take the plunge and preordered from Flower Technology? $329 for a 10 mh/s? Wow! And it mines scrypt N too? Wow!


Sure, they're credible.

The site is a $9.95/month shared server and is Wordpress based LOL

https://www.flowertechnology.com/wp-login



~BCX~

Hahaha, the 3D renders look like they were drawn in MS Paint....not the new one, the one that came with windows 98
cozk
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May 05, 2014, 02:01:55 AM
 #45

Yep, VTC for now.

I'd avoid X11 unless you use a FPGA
ymer (OP)
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May 05, 2014, 02:41:38 AM
 #46

Yep, VTC for now.

I'd avoid X11 unless you use a FPGA

Who's using FPGAs for X11 ?
cursednova
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May 05, 2014, 03:18:55 AM
 #47

We need to put out minds together and make something innovative and life changing. Most alt-coins are going no where though some do

Then you have coins that are scam coins from the start.
Palmdetroit
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PHS 50% PoS - Stop mining start minting


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May 05, 2014, 04:08:25 AM
 #48

don't forget groestl, the "next litecoin"


this

ilic
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May 05, 2014, 04:43:13 AM
 #49

Yep, VTC for now.

I'd avoid X11 unless you use a FPGA

Who's using FPGAs for X11 ?

yeh i'd be interested in that too!

i dont get why X11/DRK wouldnt be a coin of preference if moving away from scrypt?  especially with the northern hemisphere summer coming.

Good free and easy Bitcoin Faucet thingy: https://freebitco.in/?r=9293711
Do not invest in HYIPs people, however you can put some into iCenter: https://t.me/icenter_bot?start=j5t25s58148
BitBlitz
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May 05, 2014, 04:47:25 AM
 #50

Yep, VTC for now.

I'd avoid X11 unless you use a FPGA

Who's using FPGAs for X11 ?
I doubt anyone is now--at least not with old Bitcoin hardware.  You'd need a very large and expensive FPGA to do X11 in one chip, or an array linked together for serialized hashing.  The most common type used for Bitcoin had 150K logic cells and only held 2 or 3 SHA256 engines per chip.

I see the value of Bitcoin, so I don't worry about the price...
seljak
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May 05, 2014, 05:12:25 AM
 #51

Where can we observe the impact of asic miners on different coins? network hashrate increase, dificulty change,...
ymer (OP)
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May 05, 2014, 05:25:48 AM
 #52

Where can we observe the impact of asic miners on different coins? network hashrate increase, dificulty change,...

In the 200% increase in difficulty in less than 2 months.
seljak
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May 05, 2014, 05:33:55 AM
 #53

Where can we observe the impact of asic miners on different coins? network hashrate increase, dificulty change,...

In the 200% increase in difficulty in less than 2 months.
I am asking for a site which shows network hashrate, dificulty for multiple coins. It should be fun watching these numbers/graphs in incoming days/weeks.
Ed4252
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May 05, 2014, 06:11:39 AM
 #54

Where can we observe the impact of asic miners on different coins? network hashrate increase, dificulty change,...

In the 200% increase in difficulty in less than 2 months.
I am asking for a site which shows network hashrate, dificulty for multiple coins. It should be fun watching these numbers/graphs in incoming days/weeks.

http://bitinfocharts.com/comparison/difficulty-ltc-drk-vtc.html
El Dude
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May 05, 2014, 06:24:56 AM
 #55

Can't wait to see all the Litecoin clones get 51% attacked starting with feathercoin and ending with dogecoin. The next 6 months will be exciting.

Bitcoin and Litecoin hodler
pastet89
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May 05, 2014, 09:19:31 AM
 #56

Good morning X11 mining!!!

Cryptostats.es
pekv2
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May 05, 2014, 10:29:18 AM
 #57

there are so many decent gpu alternatives. just mine those, dump and buy litecoin. its barely a difference.

I have been trying to find a good alt to mine. Any suggestions?



byt411 recommended something very interesting to me.

https://bitcointalk.org/index.php?topic=595255.msg6545548#msg6545548

Mine the best coin out of all coins, the pool switches to best coin, in return you get BTC in your wallet.

I'm doing a 24hr test see hout it come out too. http://coinshift.com/

ymer (OP)
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May 05, 2014, 03:55:47 PM
 #58

Can't wait to see all the Litecoin clones get 51% attacked starting with feathercoin and ending with dogecoin. The next 6 months will be exciting.

LTC can be easily 51%, the reason that the difficulty hasn't reached 20,000 is because it wouldn't make sense for the current people (whoever they are) that are mining with ASICs to put more machines in there because they would simply be competing against themselves.
zeetak
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May 14, 2014, 12:58:33 AM
 #59

Goodbye GPU mining in general. I'm skeptical if you could create a new coin, just using a non-asic (yet) algo and make it a success. Dogecoin was a fluke, that aside- everything else just doesn't look like worth the effort compared to improving bitcoin itself.

Primecoin maybe? Protein folding coin?

I'd say check out monero. It's got a new codebase--not a bitcoin clone.
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