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Author Topic: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine  (Read 569148 times)
papa_lazzarou
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August 09, 2014, 12:12:42 AM
 #1421

3.1 - 3.2MH/s on AWS (GPU only) seems to be what catia's miner is getting...

https://ottrbutt.com/tmp/xcnaws3.png

Your move.  Cheesy

I can't seem to find network hashrate graph and data fo XCN. How can one calculate how many XCNs is 3 MHs mining a day?

Your hashrate / Network hashrate * blocks per day (1440) * XCN per block (242 currently, I think)

Thanks. If we fill in the blanks:
Code:
getnetworkhashps
5753246115

(3100000 / 5753246115) * 1440 * 242 = 187.77 XCN / day
187.77 XCN * 0.0000152 = 0.00285410 BTC / day = 1.68 US$ / day

AWS G2 instance costs $0.650 per Hour = 15.6 US$ / day

Spot instances can be rented cheaper, but it looks like to me that renting Amazon GPU instance is absolutely unprofitable. Have I made any error, or people are renting them just for the fun of mining?

See my screenshot (that you quoted) for your error. That plus spot is around 0.1 USD/hr.

You mean 4.600.000 instead of 3.100.000? That increases the productivity by 48%, to 2.49 US$ / day. Even if you get spot instance for 0.1 US$/hr, you invested 2.40 US$ to return 2.49 US$ per instance, just to break even.

Now, when you get the nethash, don't get the current estimate, get the average over the last 1440 blocks. And keep in mind that Tokyo g2.2 pricing is now 0.055 USD/hr.

And this is why everyone loves Wolf0 =D
Also CPU miner in Tokyo is what I was using, around 25% rejects due to latency I guess.
We need a EU pool, or, a second pool for that matter any way.

What AMI are you using. I cant get Cuda 6 to work on ubuntu 14...

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There are several different types of Bitcoin clients. Header-only clients like MultiBit trust that the majority of mining power is honest for the purposes of enforcing network rules such as the 21 million BTC limit. Full clients do not trust miners in this way.
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marada
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August 09, 2014, 12:33:08 AM
 #1422

What AMI are you using. I cant get Cuda 6 to work on ubuntu 14...

What's wrong with cuda on Ubuntu?
I have managed to install on Mint 17 that is derived from Ubuntu 14.
papa_lazzarou
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August 09, 2014, 01:25:49 AM
 #1423

What AMI are you using. I cant get Cuda 6 to work on ubuntu 14...

What's wrong with cuda on Ubuntu?
I have managed to install on Mint 17 that is derived from Ubuntu 14.

Theres an error loading the driver. "Cannot load symbol..." But I had to jump through some loops to even get the driver to compile, so i was asking to see if there was a better AMI to use...

coinfusion
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August 09, 2014, 01:27:54 AM
 #1424

Is xcn.1gh.com on its own fork? Going by their front page blocks-found list they are getting every block.
PeaMine
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August 09, 2014, 01:38:25 AM
 #1425

Is xcn.1gh.com on its own fork? Going by their front page blocks-found list they are getting every block.

Just that popular I think as no other pools online currently that I know of.
Not every block, but very close to it:
20820    2014-08-09 00:57:03 (40 minutes ago)    242.43    Confirmed
20818    2014-08-09 00:55:44 (41 minutes ago)    242.43    Confirmed

Datacenter Technician and Electrician
PeaMine
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August 09, 2014, 03:09:48 AM
 #1426

Speaking of pools and mining, any new CPU miners out there?
Anyone planning on starting another pool?  I've got some servers that could host one if it's easy to setup, but I'm not pool expert(or Linux expert either)

Popular BCT member for the leader with informative website given coin age, unique coin features, unique PoW algo, top tier mine coders releasing public miners, very healthy trade volume on reliable trade sites, and a smooth launch.
This thread just got added to my default home page, and reinforced the buy wall spread from 1500 to 1000 with 50% of my BTC, feel free to dump some coins at a cheap price.
Wait, aren't I suppose to FUD so I can become a low price bag holder before praising the coin to pump it up?  =)

Datacenter Technician and Electrician
cubex
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August 09, 2014, 04:56:34 AM
 #1427

3.1 - 3.2MH/s on AWS (GPU only) seems to be what catia's miner is getting...

https://ottrbutt.com/tmp/xcnaws3.png

Your move.  Cheesy

I can't seem to find network hashrate graph and data fo XCN. How can one calculate how many XCNs is 3 MHs mining a day?

Your hashrate / Network hashrate * blocks per day (1440) * XCN per block (242 currently, I think)

Thanks. If we fill in the blanks:
Code:
getnetworkhashps
5753246115

(3100000 / 5753246115) * 1440 * 242 = 187.77 XCN / day
187.77 XCN * 0.0000152 = 0.00285410 BTC / day = 1.68 US$ / day

AWS G2 instance costs $0.650 per Hour = 15.6 US$ / day

Spot instances can be rented cheaper, but it looks like to me that renting Amazon GPU instance is absolutely unprofitable. Have I made any error, or people are renting them just for the fun of mining?

See my screenshot (that you quoted) for your error. That plus spot is around 0.1 USD/hr.

You mean 4.600.000 instead of 3.100.000? That increases the productivity by 48%, to 2.49 US$ / day. Even if you get spot instance for 0.1 US$/hr, you invested 2.40 US$ to return 2.49 US$ per instance, just to break even.

You could get  4.600.000 hash only if you are using Wolf's private miner. The public miner is about 3.0-3.1mh.

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cubex
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August 09, 2014, 05:01:40 AM
 #1428

Popular BCT member for the leader with informative website given coin age, unique coin features, unique PoW algo, top tier mine coders releasing public miners, very healthy trade volume on reliable trade sites, and a smooth launch.
This thread just got added to my default home page, and reinforced the buy wall spread from 1500 to 1000 with 50% of my BTC, feel free to dump some coins at a cheap price.
Wait, aren't I suppose to FUD so I can become a low price bag holder before praising the coin to pump it up?  =)


XCN is being dumped by miners at dirt cheap price.  I know because I am a miner.  It is time to accumulate these coins at a great bargain.

Long-time dedicated and experienced witness bitcube
vote_for_witness "YOURACCOUNTNAME" "bitcube" true true
Fablio2
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August 09, 2014, 06:28:31 AM
 #1429

Popular BCT member for the leader with informative website given coin age, unique coin features, unique PoW algo, top tier mine coders releasing public miners, very healthy trade volume on reliable trade sites, and a smooth launch.
This thread just got added to my default home page, and reinforced the buy wall spread from 1500 to 1000 with 50% of my BTC, feel free to dump some coins at a cheap price.
Wait, aren't I suppose to FUD so I can become a low price bag holder before praising the coin to pump it up?  =)


XCN is being dumped by miners at dirt cheap price.  I know because I am a miner.  It is time to accumulate these coins at a great bargain.

No. All coins (except BTC) are becoming cheaper and cheaper, cheaper and cheaper. So plenty of coins don't needed. I think pump of XCN already was and price never will grow up, it will always only fall.
catia
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August 09, 2014, 06:42:15 AM
 #1430

New miner up. Getting 3.5-3.9 on various 750ti. Let me know results on AWS.
sisx2007
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August 09, 2014, 06:51:49 AM
 #1431

So,anyone kown why the price is dropping?multipl pool?
Fablio2
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August 09, 2014, 07:24:53 AM
 #1432

So,anyone kown why the price is dropping?multipl pool?
Price is high now Wink, it will slowly goes to 0.00000001 like all other coins.
cubex
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August 09, 2014, 07:55:39 AM
 #1433

Popular BCT member for the leader with informative website given coin age, unique coin features, unique PoW algo, top tier mine coders releasing public miners, very healthy trade volume on reliable trade sites, and a smooth launch.
This thread just got added to my default home page, and reinforced the buy wall spread from 1500 to 1000 with 50% of my BTC, feel free to dump some coins at a cheap price.
Wait, aren't I suppose to FUD so I can become a low price bag holder before praising the coin to pump it up?  =)


XCN is being dumped by miners at dirt cheap price.  I know because I am a miner.  It is time to accumulate these coins at a great bargain.

No. All coins (except BTC) are becoming cheaper and cheaper, cheaper and cheaper. So plenty of coins don't needed. I think pump of XCN already was and price never will grow up, it will always only fall.

Yes, investors are pulling out from most alt coins. They are putting their cash into BTC (which is 'safe') and new coins with innovative features that can become the next 'Bitcoin'.  If XCN's innovation can capture the attention of the investors, it will grow. But XCN is still at very early stage (a week or two?).  It will take time.  Which is just as well.  The coin and the community need to be built up.  This is the time to do so.

Long-time dedicated and experienced witness bitcube
vote_for_witness "YOURACCOUNTNAME" "bitcube" true true
cubex
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August 09, 2014, 08:04:00 AM
 #1434

So,anyone kown why the price is dropping?multipl pool?

Miners are dumping to ROI. It is slowing down because the price has come to a point where it is hardly break-even for them.  Let's see if more miners begin to see future growth value of the coin and start holding.

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Amph
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August 09, 2014, 08:05:05 AM
 #1435

So,anyone kown why the price is dropping?multipl pool?

gpu miners dump, because is profitable for them
cubex
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August 09, 2014, 08:06:34 AM
 #1436

New miner up. Getting 3.5-3.9 on various 750ti. Let me know results on AWS.

Miner (aws) reports 3.4mh but 1gh reports 3.2mh.

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cubex
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August 09, 2014, 08:13:12 AM
 #1437

Difficulty shoots up from 272443 to 296887 and network hash from 5771527362 to 6861833433 in just a few hours.  Miners are going to get less coins for sure.

Latest stats:

    "difficulty" : 296887.91143143,
    "networkhashps" : 6861833433,

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Crypto_Enthusiast
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August 09, 2014, 08:35:10 AM
 #1438

Difficulty shoots up from 272443 to 296887 and network hash from 5771527362 to 6861833433 in just a few hours.  Miners are going to get less coins for sure.

Latest stats:

    "difficulty" : 296887.91143143,
    "networkhashps" : 6861833433,


Encouraging.

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svetliopi44
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August 09, 2014, 09:47:49 AM
 #1439

Can you get a GPU АTI / AMD?

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August 09, 2014, 10:01:01 AM
 #1440

Can you get a GPU АTI / AMD?

me too!!!
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