Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, launches Feb 11, 2014
by
paulthetafy
on 12/02/2014, 05:27:59 UTC
Why is that karma?  If I choose to spend money (just as you or anyone else can) to use VPS's to mine, why have I done something wrong?
Congrats by the way, you're lucky!
Well you and the other farm operators obviously expected to make some/many coins but now it kicks you in the butt because the diff rocketed in an extreme way and will continue to do so. Also in my experience VPS are almost never profitable and you'd do much better with one or many rootservers. (I pay 43€ per month for the i7 920, 3 cores of it get me 475000 knumbers/s, hetzner ftw)
The Karma thing was a joke, since luck means everything you could say that bad karma from being "greedy" ate up all your luck.
Well its been 8 hours running hard with 64 cores and all I have so far is a single orphan.   Huh
Is your miner set to --scantime 1?

what does that do exactly?
It tells your miner to check every second if there was a new block so you don't mine an orphan. Not sure if 1 is the best/most sane setting, can someone chime in?

Maybe you're right. Smiley But using large VPS farms for early mining on the right coins is nearly always profitable if you go hard, or I wouldn't do it.  Between XPM and MAX I think I probably made over 120 BTC at a cost of a few thousand dollars.  If you do it smart it's profitable, but this time it hasn't worked for me!