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Author Topic: Going to start mining, but what?  (Read 2057 times)
FlutterPie
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May 28, 2014, 03:55:04 AM
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So within a couple days I plan to buy all the necessary hardware to start a mining rig. My plan was to mine vertcoin, I liked the idea of vertcoin because its scrypt n which is asic proof. But now I am hearing vertcoin has already had its go and it isn't something I should mine for.


So to all you knowledgeable people out there, what currency should I mine for the long term.
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CohibAA
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May 28, 2014, 04:15:45 AM
 #2

Dogecoin is going to the moon.

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FlutterPie
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May 28, 2014, 04:18:34 AM
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Dogecoin is going to the moon.

 Shocked

In all seriousness, its not too late to start and get profit? The way I see it is there are scrypt asic miners out there. So in a short time GPU mining will be worthless. Am I wrong to think this?
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May 28, 2014, 04:23:01 AM
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I think with any rig, if your aim is to be profitable, you are going to have to switch the coin(s) you mine on a regular basis as the market changes.  GPU mining won't "go away" for a long time, due to other ASIC resistant algos like scrypt-n.  If you are looking for really quick (1-6 months) ROI, you are probably looking in the wrong place, but I think GPU mining still has profitability left in it for those that are patient and diligent.

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May 29, 2014, 03:36:37 AM
 #5

Option 1: Pick any algo/buy/mine any coin that has a decent dev team and hold long term, something that brings something new to the game #profit

Option 2: pick any algo/buy/mine the shit out of any that you think the lemmings will buy because people post shit on internet forums and create buzz #profit

option 2 is the best atm because once money gets involved it is a whole new game

Rinse and repeat?
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May 29, 2014, 07:04:52 AM
 #6

buy a 6 x 750ti rig , instamine the shit out of the crap out there and point it at jackpotcoin, which give you 0.02 a day or other coin that give you 0.015, there something between x11 clone

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May 29, 2014, 03:26:13 PM
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buy a 6 x 750ti rig , instamine the shit out of the crap out there and point it at jackpotcoin, which give you 0.02 a day or other coin that give you 0.015, there something between x11 clone



I'd agree, mining x11 with Nvidia 750Ti's is a good bet for a GPU starting out right now. The 750Tis are just nice cards to mine with considering their low power and heat.

You'll still be chasing the elusive ROI dragon, though.
alienesb
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May 29, 2014, 03:35:41 PM
 #8

Yep, a 750 Ti rig is a good idea. It's not so expensive, it's quiet, it uses a small PSU and it's not hot at all.
svetliopi44
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May 29, 2014, 03:55:52 PM
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buy a 6 x 750ti rig , instamine the shit out of the crap out there and point it at jackpotcoin, which give you 0.02 a day or other coin that give you 0.015, there something between x11 clone



Would you share what speed gives this platform and how consumption of electricity.
Thanks for your time

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May 29, 2014, 04:00:55 PM
 #10

So within a couple days I plan to buy all the necessary hardware to start a mining rig. My plan was to mine vertcoin, I liked the idea of vertcoin because its scrypt n which is asic proof. But now I am hearing vertcoin has already had its go and it isn't something I should mine for.


So to all you knowledgeable people out there, what currency should I mine for the long term.

If you want to mine something and make a lot of profit, you have to speculate on a coin that has little value right now. As an example, MINT is at 5 satoshi. An increase to just 10 would be 2x the profit. Is it worth mining NOW? No. But if you're a speculative miner, it might be.

There are tons of coins like this.


 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 




















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SpeedDemon13
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May 29, 2014, 04:18:57 PM
 #11

ASIC scrypt miner would be ideal. But if you have your heart intent on gpu mining, I would recommend the NVidia GTX 750TI.

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
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May 29, 2014, 04:19:34 PM
 #12

buy a 6 x 750ti rig , instamine the shit out of the crap out there and point it at jackpotcoin, which give you 0.02 a day or other coin that give you 0.015, there something between x11 clone



Would you share what speed gives this platform and how consumption of electricity.
Thanks for your time

i don't own them, because i have still my amd cards, and i don't want to sell, but i'm planning to buy a 750 rig too, still unsure...
svetliopi44
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May 29, 2014, 04:21:36 PM
 #13

Thank you.
Some persons who will share such a platform?

atc1
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May 29, 2014, 04:23:55 PM
 #14

Maybe go to coinwarz or whatmine.com? They give you a list of all the profitable coins if your intent is to sell within a day or two. If you want to be a speculative miner,then the comments already posted may help more.

Amph
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May 29, 2014, 04:26:41 PM
 #15

Thank you.
Some persons who will share such a platform?

i can answer your questions anyway

speed is 2.2 MH/s per gpu for x11 with a little OC

750ti can't mine x13 for the moment

consumption is around 320w mining x11 with 6 x 750ti

jackpotcoin give you  0.025 with a 6 x 750ti rig

wincoin give you 0.015 with 6 x 750ti rig

other x11 will give you at least 0.01

scrypt should be around 450w, but scrypt is dead for gpu so who care...
svetliopi44
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May 29, 2014, 04:43:31 PM
 #16

Great information, thanks again.
This will be my next configuration.
Last question ... if you can work with optimized miner for x-11?

SpeedDemon13
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May 29, 2014, 04:46:56 PM
 #17

Thank you.
Some persons who will share such a platform?

i can answer your questions anyway

speed is 2.2 MH/s per gpu for x11 with a little OC

750ti can't mine x13 for the moment

consumption is around 320w mining x11 with 6 x 750ti

jackpotcoin give you  0.025 with a 6 x 750ti rig

wincoin give you 0.015 with 6 x 750ti rig

other x11 will give you at least 0.01

scrypt should be around 450w, but scrypt is dead for gpu so who care...

With the latest x11 ccminer for Nvidia, the 750ti can do 2.8 mh/s...

Is Jackpotcoin really that profitable at the moment?

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
svetliopi44
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May 29, 2014, 05:21:29 PM
 #18

And if it matters from the manufacturer? Which manufacturer is preferable?

Amph
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May 29, 2014, 05:23:53 PM
 #19

Thank you.
Some persons who will share such a platform?

i can answer your questions anyway

speed is 2.2 MH/s per gpu for x11 with a little OC

750ti can't mine x13 for the moment

consumption is around 320w mining x11 with 6 x 750ti

jackpotcoin give you  0.025 with a 6 x 750ti rig

wincoin give you 0.015 with 6 x 750ti rig

other x11 will give you at least 0.01

scrypt should be around 450w, but scrypt is dead for gpu so who care...

With the latest x11 ccminer for Nvidia, the 750ti can do 2.8 mh/s...

Is Jackpotcoin really that profitable at the moment?

that version the 2.8MH one, isn't out yet

yeah jackpot give you about 0.025, one rig does 24MH/s there = 150k per day at 15 satoshi = 0.0225 now
SpeedDemon13
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May 29, 2014, 05:43:44 PM
 #20

Thank you.
Some persons who will share such a platform?

i can answer your questions anyway

speed is 2.2 MH/s per gpu for x11 with a little OC

750ti can't mine x13 for the moment

consumption is around 320w mining x11 with 6 x 750ti

jackpotcoin give you  0.025 with a 6 x 750ti rig

wincoin give you 0.015 with 6 x 750ti rig

other x11 will give you at least 0.01

scrypt should be around 450w, but scrypt is dead for gpu so who care...

With the latest x11 ccminer for Nvidia, the 750ti can do 2.8 mh/s...

Is Jackpotcoin really that profitable at the moment?

that version the 2.8MH one, isn't out yet

yeah jackpot give you about 0.025, one rig does 24MH/s there = 150k per day at 15 satoshi = 0.0225 now

Cool, guess I can try that out. How's the power efficiency of it compared to X11 and others?

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
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