CCminer(SP-MOD) Modded GPU kernels.

[joblo]

Would you care to explain? What's wrong with arbitrage?

I would agree that renting on Nicehash hasn't been attractive lately but that just means that mining is. Nicehash is also
the only place you can mine and know exactly what you will be paid. The are no issues with luck, orphans, exchange risk, etc.

Edit: Mining is attractive on some algos, but not lyra2v2. This would seem a good opportunity for arbitrage (this is
essentially what SP pointed out) but the volume is too low for any real price competition among renters.

It pushes competition out of the market. That's why Neoscrypt is always about 50% below what you can get from mining the coins or using a real multipool.
Not everyone has the software, it's in a select few hands. It's not widespread, there is essentially no competition for a arbitrage bot. Even with the Nicehash bot that is publicly available it's not tweakable enough for the average person to use and it's relatively useless. So anyone that actually tries to use Nicehash eventually gets discouraged and stops using it, it just leaves the handful of arbitrage bots that keep the price artificially low.
Only exception to that is fixed orders.

I tried Nicehash once. Mined qubit. The profit on the coin I mined was around 1btc/ghash, and nicehash was only renting out for 0.2BTC.
I placed an order, and a bot came.
I placed a new order, and a bot came.
...
pushed the price to 0.7BTC and a bot came.

Then I just left my orders on the site, and some days/weeks later when the profit was gone, I could mine for 0.7BTC/GHASH and my return was around 0.3BTC /GHASH (a loss of arounc 0.4BTC/GHASH)

And after you push the rental price up point your miners at
Nicehash to get the higher payout.

Also beware of ffpool it looks terminal.

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[djm34]

Would you care to explain? What's wrong with arbitrage?

I would agree that renting on Nicehash hasn't been attractive lately but that just means that mining is. Nicehash is also
the only place you can mine and know exactly what you will be paid. The are no issues with luck, orphans, exchange risk, etc.

Edit: Mining is attractive on some algos, but not lyra2v2. This would seem a good opportunity for arbitrage (this is
essentially what SP pointed out) but the volume is too low for any real price competition among renters.

It pushes competition out of the market. That's why Neoscrypt is always about 50% below what you can get from mining the coins or using a real multipool.
Not everyone has the software, it's in a select few hands. It's not widespread, there is essentially no competition for a arbitrage bot. Even with the Nicehash bot that is publicly available it's not tweakable enough for the average person to use and it's relatively useless. So anyone that actually tries to use Nicehash eventually gets discouraged and stops using it, it just leaves the handful of arbitrage bots that keep the price artificially low.
Only exception to that is fixed orders.

I tried Nicehash once. Mined qubit. The profit on the coin I mined was around 1btc/ghash, and nicehash was only renting out for 0.2BTC.
I placed an order, and a bot came.
I placed a new order, and a bot came.
...
pushed the price to 0.7BTC and a bot came.

Then I just left my orders on the site, and some days/weeks later when the profit was gone, I could mine for 0.7BTC/GHASH and my return was around 0.3BTC /GHASH (a loss of arounc 0.4BTC/GHASH)

And after you push the rental price up point your miners at
Nicehash to get the higher payout.

not happy either, was selling hash power the other day on axiom, most of the order was at the certain pricetag, then some very low price order started to appears with infinite hashrate, then they started to limit the hashrate on the most interesting order... (and asking for a minimum price, was just disconnecting the machine...)
so nicehash never again. (at least miningrental, you know what you rent/sell and at which price...)

too much price manipulation on nicehash, and this is clearly bad for the coin too...

[sambiohazard]

Sent today's share to

djm34: 0cf7232d6007961e798cbec948dffb8288c25d45818c05953da3bc497f85c81e
pallas: d91eafd9a32b3f48d5e2d198a96804a5d4089691161d055c095a60e6120105ed
sp_: d91eafd9a32b3f48d5e2d198a96804a5d4089691161d055c095a60e6120105ed

Thanks guys

[sp_]

My order has enough bitcoin for 24 hours. (20MHASH of lyra2re fixed.) (costs 0.06BTC)
There is a refill button..
let's see tomorrow if I can gen another free lunch (refill)

ahh is that you who rised the prices? on nicehash )) .some of orders are mine )  

he-he. just testing the interface.
There is a bot wich takes all the lyra hashrate (860MHASH) I managed to push it up to 3BTC/GHASH by using a few satoshis, and then some of my rigs mined with a higher profit.

I should make a antibot. To make sure that the bot is always paying the maxium rate. More for the miners.

Perhaps the order bot also control the hashrate?

This user is mining at a rate equal to 1106 750ti's

[lawrencelyl]

I have tested p2pool.pl. It took many hours to reach the correct hashrate, and payouts are small. The miner pool is changing the difficulty all the time and it leads to lost hashes. reject rate is pretty high.. I think solomining is the best option here.
predicted payout 1 750ti:
$1.43 per day for one 750ti @ 4.3 MHASH
actual payout: (8 hours mining (24h payout is estimated)
$0.3 per day

After 30 hours of mining I've got around 16($0.96) Vertcoins a day per 750ti (recalculated to 24h average))   (p2pool.pl with --diff 2
Nicehash is currently paying around $0.41 per 750ti per day.
So someone is renting your hashrate and make money...
Note that the difficulty has raised from around 230 to 282 (+10.9%) in 24 hours and the next payouts will be smaller.

The vertcoin diff is now 330 and the total Net hashrate is 9.76 GHASH

I've mined 188 Vertcoins in 58 hours. (6 750ti's) (25MHASH) around $11

13,42 Vertcoins's per 750ti per day the profit is dropping

Here's my statistic...
I got a total of 187.8 vertcoins in 48 hours.  First on pool.verters, then switched to p2pool.pl and finally settled at give-me-coins.
Total hashrate around 30MH/s.

For 30MH/s, give-me-coins estimated about 103 coins/day @ 306 difficulty level.  However, I get only 70+ coins per day.
Assuming 70 coins/day, and at 0.00022 btc/coin, I will only get 0.0154 btc/day.

[djm34]

My order has enough bitcoin for 24 hours. (20MHASH of lyra2re fixed.) (costs 0.06BTC)
There is a refill button..
let's see tomorrow if I can gen another free lunch (refill)

ahh is that you who rised the prices? on nicehash )) .some of orders are mine ) 

he-he. just testing the interface.
There is a bot wich takes all the lyra hashrate (860MHASH) I managed to push it up to 3BTC/GHASH by using a few satoshis, and then some of my rigs mined with a higher profit.

I should make a antibot. To make sure that the bot is always paying the maxium rate. More for the miners.

Perhaps the order bot also control the hashrate?

This user is mining at a rate equal to 1106 750ti's

rather around 730 750ti or 1296 i7 4790k

[pallas]

Sent today's share to

djm34: 0cf7232d6007961e798cbec948dffb8288c25d45818c05953da3bc497f85c81e
pallas: d91eafd9a32b3f48d5e2d198a96804a5d4089691161d055c095a60e6120105ed
sp_: d91eafd9a32b3f48d5e2d198a96804a5d4089691161d055c095a60e6120105ed

Thanks guys

thanks to you! :-)

[induktor]

@scryptr, are you saying it's still better to solomine?

VTC MINING--

It is best to solomine if you have the hash power and the patience to await irregular payout times.  Mining VTC at a reliable pool will cost 1% or 2% for pool maintenance, but will payout on a regular basis.

Both mining efforts currently pay better than 0.50 BTC per Gh/s per day.  VTC mining at 100Mh/s will net about 300 VTC/day, and the have a value of .066 BTC at today's market rates.  That is better than a 0.05 BTC payout for the same hash rate on multipool.  Mining at a different hash rate is proportional, and I see this validated in my VTC earnings.

I mine at GMC, without problems that have been mentioned in this thread.       --scryptr

0.05 BTC @ 100MH? where?, i have 96MH and i make probably half that on verters, tried on nicehash but got only 1/2 of the hashrate so i left, i go back to mine quark now, because it still pays more, but if I can get 0.050 MH /day I will do it right now!

I tried solo mining for 5 hours when the difficulty was about 230, but not find anything and got tired, I guess 100MH is not enough at this difficult to solo mine.

[scryptr]

@scryptr, are you saying it's still better to solomine?

VTC MINING--

It is best to solomine if you have the hash power and the patience to await irregular payout times.  Mining VTC at a reliable pool will cost 1% or 2% for pool maintenance, but will payout on a regular basis.

Both mining efforts currently pay better than 0.50 BTC per Gh/s per day.  VTC mining at 100Mh/s will net about 300 VTC/day, and the have a value of .066 BTC at today's market rates.  That is better than a 0.05 BTC payout for the same hash rate on multipool.  Mining at a different hash rate is proportional, and I see this validated in my VTC earnings.

I mine at GMC, without problems that have been mentioned in this thread.       --scryptr

0.05 BTC @ 100MH? where?, i have 96MH and i make probably half that on verters, tried on nicehash but got only 1/2 of the hashrate so i left, i go back to mine quark now, because it still pays more, but if I can get 0.050 MH /day I will do it right now!

I tried solo mining for 5 hours when the difficulty was about 230, but not find anything and got tired, I guess 100MH is not enough at this difficult to solo mine.

NICEHASH WAS PAYING 0.50 BTC per Gh/s per day--

It varies.  They would need to pay about 0.70 BTC for it to be better than mining VTC straight, but they would not make a profit.

You mined solo just about long enough to find 1 and   1/2 blocks, you need to set in for the long run and be patient.  I mine at GMC, and get a steady payout without problems.  BUT, just like in solomining, you have to be patient and stay on the pool.  The math behind the payout scheme rewards steady-going miners.       --scryptr

EDIT:  When Give-Me-Coins (GMC) switched to Lyra2RE (1st version) there were some problems on the pool as the new code was being introduced.  This time, Lyra2v2 was put into place without the loss of a block or a share.  GMC is a big pool, and blocks are being found at a steady pace.  The other pools may need adjustment and quality control.       --scryptr

P.S.  CURRENTLY, a miner needs to use the "--diff 2" commandline flag for some pools to give a correct hashrate payout.  This has been repeated several times in this thread.       --scryptr

[UserAlter]

It looks like mining ETH is currently the most profitable.
100 750Ti could get 1.15 BTC/day.

[dominuspro]

@scryptr, are you saying it's still better to solomine?

VTC MINING--

It is best to solomine if you have the hash power and the patience to await irregular payout times.  Mining VTC at a reliable pool will cost 1% or 2% for pool maintenance, but will payout on a regular basis.

Both mining efforts currently pay better than 0.50 BTC per Gh/s per day.  VTC mining at 100Mh/s will net about 300 VTC/day, and the have a value of .066 BTC at today's market rates.  That is better than a 0.05 BTC payout for the same hash rate on multipool.  Mining at a different hash rate is proportional, and I see this validated in my VTC earnings.

I mine at GMC, without problems that have been mentioned in this thread.       --scryptr

0.05 BTC @ 100MH? where?, i have 96MH and i make probably half that on verters, tried on nicehash but got only 1/2 of the hashrate so i left, i go back to mine quark now, because it still pays more, but if I can get 0.050 MH /day I will do it right now!

I tried solo mining for 5 hours when the difficulty was about 230, but not find anything and got tired, I guess 100MH is not enough at this difficult to solo mine.

I had also problems on verters, then switched to solo and then discovered give-me-coins.com(tnx to user phenomenha's tip) and it is just great You get what You deserve and you can calculate the profit aswell with the calculator on the page. You would earn 0.063 BTC/day with 96Mh and the current diff 302.63

[UserAlter]

I had also problems on verters, then switched to solo and then discovered give-me-coins.com(tnx to user phenomenha's tip) and it is just great You get what You deserve and you can calculate the profit aswell with the calculator on the page. You would earn 0.063 BTC/day with 96Mh and the current diff 302.63

You would get 0.25 BTC/day with that equivalent 96MH VTC hashrate for ETH.
I am not sure the exact profit as I am just starting to mine that hot baby.

[scryptr]

I had also problems on verters, then switched to solo and then discovered give-me-coins.com(tnx to user phenomenha's tip) and it is just great You get what You deserve and you can calculate the profit aswell with the calculator on the page. You would earn 0.063 BTC/day with 96Mh and the current diff 302.63

You would get 0.25 BTC/day with that equivalent 96MH VTC hashrate for ETH.
I am not sure the exact profit as I am just starting to mine that hot baby.

GETH--

I just started Geth, the wallet, with the Windows batch file.  How can a miner tell when the blockchain is completely in place?  The wallet is console-only.  I have been waiting about 18 hours, watching the text stream by.  Do you have a clue?


--scryptr

[UserAlter]

I had also problems on verters, then switched to solo and then discovered give-me-coins.com(tnx to user phenomenha's tip) and it is just great You get what You deserve and you can calculate the profit aswell with the calculator on the page. You would earn 0.063 BTC/day with 96Mh and the current diff 302.63

You would get 0.25 BTC/day with that equivalent 96MH VTC hashrate for ETH.
I am not sure the exact profit as I am just starting to mine that hot baby.

GETH--

I just started Geth, the wallet, with the Windows batch file.  How can a miner tell when the blockchain is completely in place?  The wallet is console-only.  I have been waiting about 18 hours, watching the text stream by.  Do you have a clue?


--scryptr

check the latest block @ https://etherchain.org/blocks
It took two hours for me.
Then, type          personal.newAccount("yourpassword")           to create your account.

[jjjordan]

I had also problems on verters, then switched to solo and then discovered give-me-coins.com(tnx to user phenomenha's tip) and it is just great You get what You deserve and you can calculate the profit aswell with the calculator on the page. You would earn 0.063 BTC/day with 96Mh and the current diff 302.63

You would get 0.25 BTC/day with that equivalent 96MH VTC hashrate for ETH.
I am not sure the exact profit as I am just starting to mine that hot baby.

GETH--

I just started Geth, the wallet, with the Windows batch file.  How can a miner tell when the blockchain is completely in place?  The wallet is console-only.  I have been waiting about 18 hours, watching the text stream by.  Do you have a clue?


--scryptr

check the latest block @ https://etherchain.org/blocks
It took two hours for me.
Then, type          personal.newAccount("yourpassword")           to create your account.

Has anybody figured out how to stop all this text from flowing in the console?
Like I start to type some commands and new blocks/whatever lines start showing up...
I also tried to delete an account (that I created with password "password") and the console says: "deleteAccount is not a function"
I was going per the instructions here: https://github.com/ethereum/go-ethereum/wiki/JavaScript-Console#personaldeleteaccount

[antonio8]

I had also problems on verters, then switched to solo and then discovered give-me-coins.com(tnx to user phenomenha's tip) and it is just great You get what You deserve and you can calculate the profit aswell with the calculator on the page. You would earn 0.063 BTC/day with 96Mh and the current diff 302.63

You would get 0.25 BTC/day with that equivalent 96MH VTC hashrate for ETH.
I am not sure the exact profit as I am just starting to mine that hot baby.

GETH--

I just started Geth, the wallet, with the Windows batch file.  How can a miner tell when the blockchain is completely in place?  The wallet is console-only.  I have been waiting about 18 hours, watching the text stream by.  Do you have a clue?


--scryptr

If you did the genesis_block.json then it should take less than 20 minutes. 10 actually.

[jjjordan]

I had also problems on verters, then switched to solo and then discovered give-me-coins.com(tnx to user phenomenha's tip) and it is just great You get what You deserve and you can calculate the profit aswell with the calculator on the page. You would earn 0.063 BTC/day with 96Mh and the current diff 302.63

You would get 0.25 BTC/day with that equivalent 96MH VTC hashrate for ETH.
I am not sure the exact profit as I am just starting to mine that hot baby.

GETH--

I just started Geth, the wallet, with the Windows batch file.  How can a miner tell when the blockchain is completely in place?  The wallet is console-only.  I have been waiting about 18 hours, watching the text stream by.  Do you have a clue?


--scryptr

If you did the genesis_block.json then it should take less than 20 minutes. 10 actually.

How do we do that? What is that? Any chance you've seen step-by-step instructions somewhere?

Thanks

[antonio8]

I had also problems on verters, then switched to solo and then discovered give-me-coins.com(tnx to user phenomenha's tip) and it is just great You get what You deserve and you can calculate the profit aswell with the calculator on the page. You would earn 0.063 BTC/day with 96Mh and the current diff 302.63

You would get 0.25 BTC/day with that equivalent 96MH VTC hashrate for ETH.
I am not sure the exact profit as I am just starting to mine that hot baby.

GETH--

I just started Geth, the wallet, with the Windows batch file.  How can a miner tell when the blockchain is completely in place?  The wallet is console-only.  I have been waiting about 18 hours, watching the text stream by.  Do you have a clue?


--scryptr

If you did the genesis_block.json then it should take less than 20 minutes. 10 actually.

How do we do that? What is that? Any chance you've seen step-by-step instructions somewhere?

Thanks

I do but I am at work and on my phone. Will be home in about 7 hours.

Just a heads up if you have 750ti's then this coin is not worth it with the current available miners. Believe me, I have tried. 960's and above then you are fine.

Also don't expect much help from the Ether forum or irc. They are keeping this as low key as possible.

EDIT: 1 750ti does good mixed with 960 and above but not straight 750ti's

[djm34]

It looks like mining ETH is currently the most profitable.
100 750Ti could get 1.15 BTC/day.

why are you all counting in 100 or 1000 of 750ti ?

[dominuspro]

why are you all counting in 100 or 1000 of 750ti ?

Because it only needs 120000EUR to buy 1000 of them + a little powerplant and You are making big money