Nxt profitable minting (mining). $26 - some electric cost PER DAY!!

[lucky88888]

real example account.
NXT-GXDT-NMJZ-U96Z-CJ8GJ

1/25/2015 13:29:19   Mint Currency      0   1   /
1/25/2015 13:11:52   Mint Currency      0   1   /
1/25/2015 12:39:44   Mint Currency      0   1   /
1/25/2015 12:22:11   Mint Currency      0   1   /
1/25/2015 11:03:00   Mint Currency      0   1   /
1/25/2015 10:43:16   Mint Currency      0   1   /
1/25/2015 10:34:41   Mint Currency      0   1   /
1/25/2015 10:29:30   Mint Currency      0   1   /
1/25/2015 09:52:24   Mint Currency      0   1   /
1/25/2015 09:39:40   Mint Currency      0   1   /
1/25/2015 09:37:10   Mint Currency      0   1   /
1/25/2015 09:13:32   Mint Currency      0   1   /
1/25/2015 08:56:46   Mint Currency      0   1   /
1/25/2015 08:41:41   Mint Currency      0   1   /
1/25/2015 07:10:33   Mint Currency      0   1   /
1/25/2015 05:44:57   Mint Currency      0   1   /
1/25/2015 04:26:40   Mint Currency      0   1   /
1/25/2015 04:15:01   Mint Currency      0   1   /
1/25/2015 04:14:26   Mint Currency      0   1   /
1/25/2015 03:57:13   Mint Currency      0   1   /
1/25/2015 03:15:26   Mint Currency      0   1   /
1/25/2015 03:08:45   Mint Currency      0   1   /
1/25/2015 03:07:40   Mint Currency      0   1   /
1/25/2015 02:21:05   Mint Currency      0   1   /
1/25/2015 02:05:00   Mint Currency      0   1   /
1/24/2015 23:33:26   Mint Currency      0   1   /
1/24/2015 23:23:50   Mint Currency      0   1   /
1/24/2015 23:22:14   Mint Currency      0   1   /
1/24/2015 23:16:26   Mint Currency      0   1   /

Each mint of EGOLD mscurrency of 300coins per mint per ~15minutes
Price of EGOLD as of post ~ 0.0601nxt/EGOLD
nxt gains per day = 0.0601*300*4*24 = 1730.88nxt*price of nxt 0.015470= $26.7767136 PER DAY!!

That is a lot to a miner i think. I don't have much of mining experience and i have no idea who the miners are or what equipment they are using.
Just letting you know that there's profit here for the right gears.
and just to get a general idea of what you need. i mint about 30coins per half hour on average with imac 2014 model.

If you know better you can post proper stats here.

edit: here is a good custom cpu+gpu minter/miner software https://nxtforum.org/monetary-system-153/nxtmint-java-minter/

Want to know more? head to nxtforum.org or https://nxtforum.org/monetary-system-153/ and search/ask yourself.

EDIT:AWESOME HOW TO GUIDE with pictures! thanks to Elems team.
https://docs.google.com/document/d/1_QdcrY1q6_n9J3NOcyoczGqELIeCy6S6zNG2Cj22bj8/edit?pli=1

if your interested in distributions/spread of coins. difficulties and other stats.
http://nxtpeers.com/charts/?currency=5775213290661997199

[lucky88888]

Block Explorer for checking.

https://nxtblocks.info/#section/accountId/NXT-GXDT-NMJZ-U96Z-CJ8GJ
{"counter":"169","currency":"5775213290661997199","nonce":"111823861634453409","units":"3000000","version.CurrencyMinting":1}
units displayed in NQT 3000000 = 300coins

[Enzyme]

Can you please write a guide on how to do this?

It looks like a good opportunity, but some people need to know how it works.

[Daedelus]

Can you please write a guide on how to do this?

It looks like a good opportunity, but some people need to know how it works.

Start here: https://bitcointalk.org/index.php?topic=929548.0

It is still new so just post if you have any problems.

[coretechs]

Another option for a block explorer that has NXT MS currency support -
http://nxtportal.org/search/NXT-GXDT-NMJZ-U96Z-CJ8GJ

Summary view of NXT MS currencies here:
http://nxtportal.org/currencies

[lucky88888]

AWESOME HOW TO GUIDE with pictures! thanks to Elems team.
https://docs.google.com/document/d/1_QdcrY1q6_n9J3NOcyoczGqELIeCy6S6zNG2Cj22bj8/edit?pli=1

if your interested in distributions/spread of coins. difficulties and other stats.
http://nxtpeers.com/charts/?currency=5775213290661997199

[seasonw]

Do you mine with CPU or GPU?

[Daedelus]

Do you mine with CPU or GPU?

The profitability calc is for an unknown minter (miner) that lucky saw on the blockchain.

You can mine with CPU or GPU (though the GPU is still debugging for multiple cards). The idea is that others build better minters than the one bundled with the Nxt software, that is just for bootstrapping.

[seasonw]

Do you mine with CPU or GPU?

The profitability calc is for an unknown minter (miner) that lucky saw on the blockchain.

You can mine with CPU or GPU (though the GPU is still debugging for multiple cards). The idea is that others build better minters than the one bundled with the Nxt software, that is just for bootstrapping.

OIC... And thanks for your info about the minter, so I found Spexx miner, thinking to try this one. Is it good?

[Daedelus]

Link? I was only aware of 1 minter other than the Nxt bundled one ('NxtMint Java Minter' for GPU, ScripterRon is online a lot and debugging people's problems, it has good support)

Info on others would be good.

[seasonw]

Link? I was only aware of 1 minter other than the Nxt bundled one ('NxtMint Java Minter' for GPU, ScripterRon is online a lot and debugging people's problems, it has good support)

Info on others would be good.

Thank you very much for the minter, I will try NxtMint Java Minter

P/S: I'm abit confused now (trying too many coins) that putting the Spexx miner on my previous reply, that is for XMG, haha~~ Actually, I would like to mention NxtMint Java Minter.. 

[lucky88888]

just saw on the client, there is 1,000,000+ coins buy wall for EGOLD miners

[qwep1]

just saw on the client, there is 1,000,000+ coins buy wall for EGOLD miners

and as the coins will be credited

[Daedelus]

Mining on it now

Feedback would be good later 

[RD965]

Thanks for this, checking now

[Daedelus]

just saw on the client, there is 1,000,000+ coins buy wall for EGOLD miners

and as the coins will be credited

Are you struggling qwep? Nxt has a lot of people from around the world so I could find someone who speaks a different language to help, if required.

 

[Enzyme]

So what's the fastest, most profitable minting technique?
Also, what coin are you guys minting?

[Daedelus]

I think it is still being discovered. And people might not even tell you if they know  


ELEMS and EGOLD are two of the earliest POW MSCoins/sub-currencies. Newer MScoins might be more profitable, I don't know.

More detailed help can be found on nxtforum.org. Check https://bitcointalk.org/index.php?topic=929548.0 for the specific links.

[lucky88888]

So what's the fastest, most profitable minting technique?
Also, what coin are you guys minting?

i think using nice gpu and mining EGOLD is the most profitable and most volume at this moment.

[Yanakitu Tenatako]

Mining on it now

Feedback would be good later  

The dude making $20+ a day likely has more than a couple GPUs - not a farm, though. I'm modifying the minter now.

So what's the fastest, most profitable minting technique?
Also, what coin are you guys minting?

Not letting aparapi make the OCL used on the GPU, for one... need to fix that and write my own OCL for it to use.

I'm minting EGOLD.

TY for update Wolf0.
Please keep us informed about progress.