tbearhere
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October 05, 2016, 06:20:45 PM |
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Anybody mining Thor's Riddle algo for Veltor ? Are we able to mine it? thx
I see it's sib algo.
it's not really sib, i tried with sib and it was not working, there was a version of epsylon that was able to mine it, maybe you can with 1.8.3 Thx Amph... I'm going to try it.
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tbearhere
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October 05, 2016, 06:23:25 PM |
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Anybody mining Thor's Riddle algo for Veltor ? Are we able to mine it? thx
I see it's sib algo.
it's not really sib, i tried with sib and it was not working, there was a version of epsylon that was able to mine it, maybe you can with 1.8.3 The original ccminer had sib replaced by Veltor algo. They both contain streebog into their chain, but are indeed different. Recent tpruvot cccminer supports both. Ok thx pallas.
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go6ooo1212
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October 05, 2016, 06:25:43 PM |
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Anybody mining Thor's Riddle algo for Veltor ? Are we able to mine it? thx
I see it's sib algo.
it's not really sib, i tried with sib and it was not working, there was a version of epsylon that was able to mine it, maybe you can with 1.8.3 The original ccminer had sib replaced by Veltor algo. They both contain streebog into their chain, but are indeed different. Recent tpruvot cccminer supports both. ..and which coin uses that algo , I;m curious...
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tbearhere
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October 05, 2016, 06:26:33 PM Last edit: October 05, 2016, 06:38:14 PM by tbearhere |
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I got to give that a try Epsylon3... thank you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) EDIT: don't know how or if I should use that.. I got windows 8.1 need it to be ccminer I think...
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tbearhere
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October 05, 2016, 06:31:35 PM |
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Anybody mining Thor's Riddle algo for Veltor ? Are we able to mine it? thx
I see it's sib algo.
it's not really sib, i tried with sib and it was not working, there was a version of epsylon that was able to mine it, maybe you can with 1.8.3 The original ccminer had sib replaced by Veltor algo. They both contain streebog into their chain, but are indeed different. Recent tpruvot cccminer supports both. ..and which coin uses that algo , I;m curious... VELTOR coin uses Veltor algo and SIB uses sib algo... I think.. VELTOR coin link. https://bitcointalk.org/index.php?topic=1583655.0
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Amph
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October 05, 2016, 06:42:55 PM |
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Anybody mining Thor's Riddle algo for Veltor ? Are we able to mine it? thx
I see it's sib algo.
it's not really sib, i tried with sib and it was not working, there was a version of epsylon that was able to mine it, maybe you can with 1.8.3 The original ccminer had sib replaced by Veltor algo. They both contain streebog into their chain, but are indeed different. Recent tpruvot cccminer supports both. ..and which coin uses that algo , I;m curious... VELTOR coin uses Veltor algo and SIB uses sib algo... I think.. VELTOR coin link. https://bitcointalk.org/index.php?topic=1583655.0too bad it's not profitable at all, actually the profit is very bad, it was good to mine at the beginning, because the reward was higher
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bensam1231
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October 05, 2016, 09:37:11 PM |
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Anybody mining Thor's Riddle algo for Veltor ? Are we able to mine it? thx
I see it's sib algo.
it's not really sib, i tried with sib and it was not working, there was a version of epsylon that was able to mine it, maybe you can with 1.8.3 The original ccminer had sib replaced by Veltor algo. They both contain streebog into their chain, but are indeed different. Recent tpruvot cccminer supports both. ..and which coin uses that algo , I;m curious... VELTOR coin uses Veltor algo and SIB uses sib algo... I think.. VELTOR coin link. https://bitcointalk.org/index.php?topic=1583655.0too bad it's not profitable at all, actually the profit is very bad, it was good to mine at the beginning, because the reward was higher Completely overlooking that the exchange has .01BTC volume and has never had more then .1BTC volume in it's existence on a single day except at launch... It was never good to mine... LOL Your derp level is like over 9000. Genoil's miner has supported no DAG for a couple months already in addition to Claymore's.
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Amph
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October 06, 2016, 07:05:40 AM Last edit: October 06, 2016, 10:33:59 AM by Amph |
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it was good to mine at the beginning to accumulate and speculate, the price went 10k, at the beginning the reward was much higher, was 7 time higher
also volume oon exchange mean shit, you can easily sell privately here, i did it many tme in the past, but obviously you don't know this
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bensam1231
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October 06, 2016, 09:37:26 AM |
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it was good to mine at the beginning to accumulate and speculate, the price went 10k, at the beginning the reward was much higher, was 7 time higher
also volume oon exchange mean shit, you can easily sell privately here, i did it many tiem in the past, but obviously you don't know this
It doesn't matter how much the 'coins' are worth. If you mine more then a coin has volume you essentially destroy the coin. This is completely putting aside, what JUST YOU mine. You should at the most be 30% of the volume... even then it wont work. That's just what you're mining and dumping, not normal trading. Volume is essential to hold up a coin and shows the coins ability to be mined and survive or it gets burned to the ground by miners. Maybe for a brand new coin that's struggling to get on the market a handful of trades will happen in private messages, but otherwise that doesn't happen in any regularity or in any surmountable amount of volume, no one is going to buy that bullshit dude. Oh and in the beginning it had at MOST 2BTC of volume. That includes the dumping and the pumping and the bag holders, not just miners. It was never worth mining.
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pallas
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October 06, 2016, 09:44:04 AM |
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it was good to mine at the beginning to accumulate and speculate, the price went 10k, at the beginning the reward was much higher, was 7 time higher
also volume oon exchange mean shit, you can easily sell privately here, i did it many tiem in the past, but obviously you don't know this
It doesn't matter how much the 'coins' are worth. If you mine more then a coin has volume you essentially destroy the coin. This is completely putting aside, what JUST YOU mine. You should at the most be 30% of the volume... even then it wont work. That's just what you're mining and dumping, not normal trading. Volume is essential to hold up a coin and shows the coins ability to be mined and survive or it gets burned to the ground by miners. Maybe for a brand new coin that's struggling to get on the market a handful of trades will happen in private messages, but otherwise that doesn't happen in any regularity or in any surmountable amount of volume, no one is going to buy that bullshit dude. Oh and in the beginning it had at MOST 2BTC of volume. That includes the dumping and the pumping and the bag holders, not just miners. It was never worth mining. While I may agree with part of what you said, it was well worth mining at the beginning. I did at least 10x the standard mining profits for about a week. People to whom I sold my coins also did profit from them, if they sold it or are selling them now.
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Amph
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October 06, 2016, 10:32:13 AM |
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that what i was talking about, also it's not like this was the first time i did this
i did this so many times that it was not even funny anymore, back in 2014, and always worked, honestly i don't care about the volume if i can get big profit out of a coin, that die the day after the launch
also not all coin need to be big, you have etheruem/lbry that gives you constant profit, and shit coin, that might gives you high profit early and then be uselesses, this is was always true here, and veltor was one of this
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bensam1231
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October 07, 2016, 12:31:16 AM |
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that what i was talking about, also it's not like this was the first time i did this
i did this so many times that it was not even funny anymore, back in 2014, and always worked, honestly i don't care about the volume if i can get big profit out of a coin, that die the day after the launch
also not all coin need to be big, you have etheruem/lbry that gives you constant profit, and shit coin, that might gives you high profit early and then be uselesses, this is was always true here, and veltor was one of this
Yeah back in 14 when there was a shitcoin per week, speculation galore, and whattomine didn't exist? Sure. I was also making 4x as much with quarter of my hardware back at the beginning of 14. And conversely was losing more then I was making in power at the end of 14. That has basically zero application to today. Volume HAS to be big. That scales with the size of your operation. If there is no volume there, that means there are no sell walls or buy walls to absorb dumping let alone normal healthy trading that happens in a coin that's working. If there are no buy walls, each time you dump or sell your coins the coin will devalue, it snowballs. The higher the profit, the higher the volume has to be to absorb your ability to mine. 2BTC means you would literally have to be one of the only people mining it or you have a couple GPUs. I can only assume you have almost no hardware and are relatively inexperienced when it comes to difficulty manipulation and mining smaller coins.
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Amph
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October 07, 2016, 05:37:01 AM Last edit: October 07, 2016, 05:55:32 AM by Amph |
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i was losing nothing with instamine back then, i made a shit load of bitcoin, in no time , with leaf, pandacoin, jackpotcoin, noblecoin, and all the other shit together
so yes it was working for me with few gpu, and no, it was working for the big farmer either, it was all about who instamined more, and no i'm not inexperienced at all
the trick was also to sell privately, and not waiting for the exchamge, in that case volume mean nothing, only speculation/hype about the coin matter
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Nikolaj
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October 07, 2016, 06:03:27 AM |
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that what i was talking about, also it's not like this was the first time i did this
i did this so many times that it was not even funny anymore, back in 2014, and always worked, honestly i don't care about the volume if i can get big profit out of a coin, that die the day after the launch
also not all coin need to be big, you have etheruem/lbry that gives you constant profit, and shit coin, that might gives you high profit early and then be uselesses, this is was always true here, and veltor was one of this
Yeah back in 14 when there was a shitcoin per week, speculation galore, and whattomine didn't exist? Sure. I was also making 4x as much with quarter of my hardware back at the beginning of 14. And conversely was losing more then I was making in power at the end of 14. That has basically zero application to today. Volume HAS to be big. That scales with the size of your operation. If there is no volume there, that means there are no sell walls or buy walls to absorb dumping let alone normal healthy trading that happens in a coin that's working. If there are no buy walls, each time you dump or sell your coins the coin will devalue, it snowballs. The higher the profit, the higher the volume has to be to absorb your ability to mine. 2BTC means you would literally have to be one of the only people mining it or you have a couple GPUs. I can only assume you have almost no hardware and are relatively inexperienced when it comes to difficulty manipulation and mining smaller coins. Shitload translation: shit ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Agree.
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bensam1231
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October 07, 2016, 08:39:12 AM |
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i was losing nothing with instamine back then, i made a shit load of bitcoin, in no time , with leaf, pandacoin, jackpotcoin, noblecoin, and all the other shit together
so yes it was working for me with few gpu, and no, it was working for the big farmer either, it was all about who instamined more, and no i'm not inexperienced at all
the trick was also to sell privately, and not waiting for the exchamge, in that case volume mean nothing, only speculation/hype about the coin matter
There were coins that never made it to exchanges dude and/or instantly tanked to the point where you lost money speculating on new coins. I never mined coins before they made it to exchanges. For every one coin that worked out, you'd lose on five other coins. Just like holding and expecting a coin to increase in value because it has 'merit'. Experience has nothing to do with what we're talking about here. If you're a idiot, it doesn't matter how much 'experience' you've had. You can have people who work at a job their entire life and have absolutely no idea why they do what they do or what implications it has (ergo this argument). Hence why we went through the whole problem area where all the eth-babies were flushing out into different coins and instantly tanking them into nothing. Low and behold, just like tanking difficulty with too many cards you can do the same thing if the market can't support the weight of your mining... IE volume. Volume operates in exactly the same way as difficulty. A coin be worth a fuck ton, but if there is no volume, no buy support, that price means nothing as it will instantly tank when you start to sell, let alone the snowball where selling causes other people to sell. There is no volume in private trades dude. You have one 970 mining and you sell to one guy online DOES NOT mean there is a market there. Even if you have a couple 1070s, that still means nothing in terms of difficulty or volume. I mean you're basically disproving yourself by trying to make a point of there being VOLUME in private trading on the forums. That's exactly what I'm arguing and you're trying to tell me that there is plenty of buy support available (VOLUME) you just can't see it... Which putting aside the legitimacy of such a claim (btw still waiting for your whattomine hash numbers), still is what I was talking about. What do you think buying and selling is? It doesn't matter where it happens, it's still volume.
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Amph
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October 07, 2016, 10:13:17 AM |
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well sad for, but for me instamining was the best in 2014, it always worked like i've said, i know it's not common and not many were able to take advantage of this
but i did not lost a single penny, there were coin that were giving me 1 btc in 10 seconds(panda coin instamine, i still remember when i found 50 block in solo mine, before everyone else), and i'm not even joking
and no i'm not saying there is volume in private, i'm saying there is profit(much higher than you think) in private trading, which is different
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antantti
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October 07, 2016, 03:46:52 PM |
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Yeah back in 14 when there was a shitcoin per week, speculation galore, and whattomine didn't exist? Sure.
There was whattomine, launch at april 2014. https://bitcointalk.org/index.php?topic=567730.0I remember hitting F5 on whattomine to see when darkcoin self-forks again. When that happened whattomine calculated $500 daily earnings for 5x750ti rig. Those who rented some cheap x11 hashpower earned quite well... Dump at ATH, buy back at 0.011 and dump again on 0.019, btc was 490-500€. That was a goldmine. Wasn't there shitcoin per day?
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Amph
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October 07, 2016, 04:03:59 PM |
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whattomine was useless back then, the gems were the new launched coin each week, never heard of leafcoin?you must be new here then... i made 2 btc there in 2 minute of instamining
like i've said, i instamined the shit out of this place in 2013-2014, so i know what i'm talking about
then instamining was not working anymore because they learned and made 0 block reward for the first 100 block plus diff retarget kimoto gravity/temporal and all that crap, so everyone was using the rental with big hash to early mine as much as possible and speculate on exchange
still there was big early profit with some coin and random pumping/hype like for roxcoin(this was part of those coins that were pumped one time after they hit exchange, big enough to make a very good profit, then it dies), made 0.7 early, by early mining it when the reward was high
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antantti
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October 07, 2016, 04:28:03 PM |
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Instamining, ninjalaunches were almost daily back then. Btc and ltc boom I spent on the local forum where worlds best knowledge about amd bios modding was.
But that doesn't change the fact that a real mining farm needs volume. Small miners are more flexible and can earn some extra dimes here and there.
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Amph
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October 07, 2016, 05:01:10 PM |
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well i never said that a big farm does not need volume that is obvious, i just said that it was possible to do profit privately without big volume, some times
and this was always true for small miners
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