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Author Topic: Vertcoin - 1 | ASIC - 0 | Lyra2RE | Decentralised | GPU Mineable | Open Source  (Read 414471 times)
LTCMAXMYR
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December 17, 2014, 12:52:19 PM
 #141

What's going on with price :/
last 3 days,main pools had fake-share problem,and wallet was unable to RPC solo mining.
the diff was low ,someone had special skills to get more cheap coins.
it was high profit for those people.absolutely, they should dump as i told .
when the pools are fair for everyone,the difficulty and the price will reach equilibrium,and price will  be stable.
maybe FPGA  was made,but i checked pools these days, i hadn't seen large true hashpower,except fake hash.
as i said, to check if FPGAs or ASICs are made,the profit will prove ,no matter where they are,they cannot hide.
whattomine.com  shows the profitability is 663%,i believe it is absolutely pure GPU coin.


I believe so too, I see low hashrate on my pool currently, maybe the interest is just somewhere else currently.

Probably FTC? Can't be X11.
FTC Profitability is 1447%,very high now.
FTC and other NeoScrypt coins,all have high Profitability,these is sign of pure GPU algo.
X11,X13,if you trace whattomine.com for months,the long term profitability was lower than 300% ,that means a large  FPGA farm was running.

No it doesn't - it means people are mining faster than you. It does not imply FPGA - you're jumping to conclusions.
i know x11 will be made FPGA ,and i saw a real X11 FPGA miner half a year ago,it was very  powerful.

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December 17, 2014, 12:56:09 PM
 #142

What's going on with price :/
last 3 days,main pools had fake-share problem,and wallet was unable to RPC solo mining.
the diff was low ,someone had special skills to get more cheap coins.
it was high profit for those people.absolutely, they should dump as i told .
when the pools are fair for everyone,the difficulty and the price will reach equilibrium,and price will  be stable.
maybe FPGA  was made,but i checked pools these days, i hadn't seen large true hashpower,except fake hash.
as i said, to check if FPGAs or ASICs are made,the profit will prove ,no matter where they are,they cannot hide.
whattomine.com  shows the profitability is 663%,i believe it is absolutely pure GPU coin.


I believe so too, I see low hashrate on my pool currently, maybe the interest is just somewhere else currently.

Probably FTC? Can't be X11.
FTC Profitability is 1447%,very high now.
FTC and other NeoScrypt coins,all have high Profitability,this is sign of pure GPU algo.
I am afraid I will have to disagree on that one... the way you recognize a GPU only coin is rather the absence of profitability.
because they are unable to hold to their coin (fake share or not, why would anybody dump below profitablity... ? unless you have a gpu   Grin don't ask, just stating the fact ).
This is what have been happening since summer will all gpu coin, most of the gpu miners just act as morons...

The proof is easy to find, there wasn't any major dump when the knc started mining the vtc, difficulty increased and that was it, but they didn't dumped...

All this is very disappointing especially for a gpu dev   Grin


gpu miner speaking "ho a new gpu coin, lets kill the profit so we can continue to complain about electricity bill " Grin

more seriously, I think it is all the coin which were mined at low diff... instead of keeping them, they are dumping... but again this is just plain stupid behavior

or I'll the give the theory of a friend: nvidia miners  Grin (that would explain why FTC is still profitable)

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December 17, 2014, 01:03:08 PM
 #143


I am afraid I will have to disagree on that one... the way you recognize a GPU only coin is rather the absence of profitability.
because they are unable to hold to their coin (fake share or not, why would anybody dump below profitablity... ? unless you have a gpu   Grin don't ask, just stating the fact ).
This is what have been happening since summer will all gpu coin, most of the gpu miners just act as morons...

The proof is easy to find, there wasn't any major dump when the knc started mining the vtc, difficulty increased and that was it, but they didn't dumped...

All this is very disappointing especially for a gpu dev   Grin

i kept noticing VTC, no matter if KNC dump,the profitability was below 300%,as FTC was above 600% at that moment.
no matter if he dump,the machine was made,he must keep mining,and drive the diff to very high.
the FPGAs or ASICs cannot hide behind profitability,that's my opinion.

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December 17, 2014, 01:52:13 PM
 #144

R9 290: 867/1500 seems to be a good deal Grin

If you use Sapphire Tri-X you can set fanspeed to 30%. Very quiet mining rig Cheesy.

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December 17, 2014, 02:09:24 PM
 #145

once GPU's start burning out and they ultimately will you should see not so eager dump below market prices, sometimes I feel people just to like to use exchanges it gives them feeling of "accomplishment" lol for me prices (in general) are so ridiculously low right now that it does not make sense to sell at all, there is no profit to be made

checking GPU burnout rate at the moment, never looked at that indicator, but GPU fan must ultimately go, 2 years 3 years ? if 24/7 ?

let's say someone bought 600$ GPU device and it burned out will he/she rush to ebay or egg and replace it ? while during the same time selling coins and taking negative dollars lol

and even more funny is "overclocking" which not only can fry GPU circuitry but CPU/DRAM as well

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December 17, 2014, 02:15:42 PM
 #146

Are people selling 'cos they need money for Christmas?

sure if toys are cheap rubber and plastic made  Cool

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December 17, 2014, 02:18:23 PM
 #147

once GPU's start burning out and they ultimately will you should see not so eager dump below market prices, sometimes I feel people just to like to use exchanges it gives them feeling of "accomplishment" lol for me prices (in general) are so ridiculously low right now that it does not make sense to sell at all, there is no profit to be made

checking GPU burnout rate at the moment, never looked at that indicator, but GPU fan must ultimately go, 2 years 3 years ? if 24/7 ?

let's say someone bought 600$ GPU device and it burned out will he/she rush to ebay or egg and replace it ? while during the same time selling coins and taking negative dollars lol

and even more funny is "overclocking" which not only can fry GPU circuitry but CPU/DRAM as well

Overclocking your GPU is not going to fry your CPU.

sorry you right good correction I was thinking and doing dual mining CPU/GPU coins.. dangerous combination for longevity of the system

nice to speak with real mining software developer btw, great work!

actually my system mines CPU/GPU and Hard drive hash all at the same time, it scares me of course but it has to be done lol

thinking  of also doing "memory coin" but that would call for a disaster, although entirely possible to do

Manufacturers of hardware motherboard AMD/Intel Nvidia should use miners in their marketing efforts  Cool

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December 17, 2014, 02:29:22 PM
 #148

brb making breakfast


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December 17, 2014, 03:00:01 PM
 #149

I'm cleaning and oiling the fans of my graphics cards once they start to rattle.

Scrypt and N-Scrypt worried my fans (290 Tri-X loud rattling after 5 months mining!), but now with the new algos i see no problem anymore.

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December 17, 2014, 03:12:26 PM
 #150

Erm, anybody have a website that calculate the profit for this? Is this better then x11? Smiley

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December 17, 2014, 03:17:00 PM
 #151

Erm, anybody have a website that calculate the profit for this? Is this better then x11? Smiley

I think better than x11, worse than neoscrypt, last I checked.

@Wolf0 , there seem to not be working CUDA neoscrypt miner, I got it to work with OpenCL but with a penalty of course

Feathercoin paid the man , the developer to develop OpenCL but he aint CUDA developer..

soo FTC is excluding 100's of miners from the process for more a month now

that's the man

your counterpart, nice guy actually (we interacted briefly on a problem) very capable, stuff works if using AMD

https://github.com/vehre

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December 17, 2014, 03:18:46 PM
 #152

4,000$ NVIDIA Quadro K6000 card wrapped in plastic (like a turkey) ready to bake, not mine, I would have to be mental to do so


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December 17, 2014, 03:23:13 PM
 #153

Erm, anybody have a website that calculate the profit for this? Is this better then x11? Smiley

I think better than x11, worse than neoscrypt, last I checked.

@Wolf0 , there seem to not be working CUDA neoscrypt miner, I got it to work with OpenCL but with a penalty of course

Feathercoin paid the man , the developer to develop OpenCL but he aint a CUDA developer..

soo FTC is excluding 100's of miners from the process for more a month now

Wrong. They paid me, and I am a CUDA developer. I just don't like to Tongue

you mean you have working neoscrypt CUDA miner ? link please ?

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December 17, 2014, 03:26:08 PM
 #154

Erm, anybody have a website that calculate the profit for this? Is this better then x11? Smiley

I think better than x11, worse than neoscrypt, last I checked.

@Wolf0 , there seem to not be working CUDA neoscrypt miner, I got it to work with OpenCL but with a penalty of course

Feathercoin paid the man , the developer to develop OpenCL but he aint a CUDA developer..

soo FTC is excluding 100's of miners from the process for more a month now

Wrong. They paid me, and I am a CUDA developer. I just don't like to Tongue

you mean you have working neoscrypt CUDA miner ? link please ?

No, I mean I wrote the opencl you're using.

oo wow, its a pleasure, great work as said.. now you are less anonymous, to use OpenCL with CUDA cards should be outlawed  Cool

hence I ain't doing Feathercoin and doing Vertcoin instead very simple choice for me, short term 100$ profit on bittrex aint interest of mine  

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December 17, 2014, 06:25:52 PM
 #155

Is this the new ftc thread ?  Grin
closing in: 1.46MH/s at 1030/1250 (r9 290x)  Grin

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December 17, 2014, 11:18:01 PM
 #156

4,000$ NVIDIA Quadro K6000 card wrapped in plastic (like a turkey) ready to bake, not mine, I would have to be mental to do so



not sure a would pay that much for one card only to mine. Tongue
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December 17, 2014, 11:24:37 PM
 #157

both are important, Decentrasiled and profitable gpu mining

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December 18, 2014, 12:53:47 AM
 #158

my average profit is 7.8VTC per 280x for the last 24 hours.
network speed 3.5G,28800 coins per day ,that means 8.2 VTC per MH/s per day.
7.8VTC is not too bad, but it is low profit now.
but the price of VTC and BTC all drops,few people will dump, the price will be stable or a little rising.

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December 18, 2014, 01:06:26 AM
 #159

my average profit is 7.8VTC per 280x for the last 24 hours.
network speed 3.5G,28800 coins per day ,that means 8.2 VTC per MH/s per day.
7.8VTC is not too bad, but it is low profit now.
but the price of VTC and BTC all drops,few people will dump, the price will be stable or a little rising.

Free electricity?
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December 18, 2014, 01:09:35 AM
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my average profit is 7.8VTC per 280x for the last 24 hours.
network speed 3.5G,28800 coins per day ,that means 8.2 VTC per MH/s per day.
7.8VTC is not too bad, but it is low profit now.
but the price of VTC and BTC all drops,few people will dump, the price will be stable or a little rising.
its not a bad profit, with a 5x280x rig you would have mined 39 verts! if you mine x11 its worst

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