Post
Topic
Board Announcements (Altcoins)
Re: [VNL] Vanillacoin | WPX | ECC | O(1) routing | Random ports | CoinPP | POW/POS
by
Oscilson
on 18/04/2015, 07:40:50 UTC
I intend to buy a AMD Radeon r9 280x for mining vanilla coin.
I look for a tutorial that explains how to mining vanilla and how optimized the AMD Radeon r9 280x for 400 Mh / s

Just download Smolen's miner and run it. I wouldn't advise to buy a GPU just now for mining Vanillacoins (or anything else) though, since block rewards dropped to 88 and FPGA's are just around the corner which will be far better in terms of energy efficiency.


But if you plan on buying a good GPU anyway for gaming and etc., go on.

I don't agree, you can find good used R9 280x for funny prices and FPGA miners wont kill GPU mining in terms of hash. The real advantage of FPGA's is in low power consumption which means almost nothing if someone wants to mine with 1 or 2 cards from gamer PC when PC isn't in the gaming purpose use and specialy if someone else is paying electricity bills Smiley

Buying a GPU just for mining right now, to mine VNL, means you'll never see that money back at current valuation and difficulty.
Well that is assuming you sell as soon as you mine.  If he holds what he mines, and John pulls off the greatest coin since bitcoin, well his investment could be worth a lot.  Now obviously that is a big if, and big shoes to fill, but VNL is not a copy paste clone shitcoin by a cartoon dev. So there is that to think about, sometimes you got to buy that lotto ticket.

COULD. That implies taking on risk, which I didn't assume he wanted to do.

It would be cheaper to buy and hold if you believe the future of the coin. Mining is only for low cost miners these days.