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Showing 14 of 14 results by AQBQVF
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Board Mining (Altcoins)
Re: Mining for the non-profit sector. Need to exceed 2 mBTC per day per 1070…
by
AQBQVF
on 07/07/2017, 16:51:33 UTC
It's not that I'm not listening, it's that my funders have already rejected the options you were giving me AND I'VE BEEN TELLING TOU GUYS THAT OVER AND OVER AND OVER AND OVER AND OVER AND OVER AGAIN but no one is listening to me. The only path forward they've given me is "an app that is as user-friendly as NiceHash but without the commercial license limitation."

My first proposal for this project was built around mining Zcash and converting it to bitcoins to CAD on behalf of beneficiaries, but they rejected on the grounds that: (1) MY organization can not touch the value mined in beneficiaries' homes, and (2) training beneficiaries' parents and guardians in cryptocurrency trading is completely off the table. This is why every "solution" that says "then all you have to do is edit a .bat file" or "all you have to do is exchange it for bitcoin" I've been ignoring because I've already bashed my head against that brick wall with my funders several times already. I know. It sounds crazy and stupid and pointless but it's not my money so it's not up to me and I feel like everyone in this thread is just shooting the messenger.
Everyone here would rather tell me how crazy and stupid my funders are being and not one of you wants to leverage the power of potentially thousands of core i5's to mine from without having to worry about electricity costs. I don't know how no one on here doesn't see this as a sweetheart deal but we've all already acknowledged that if you represent charitable organization with conservative governance and ethics rules that you're an idiot who doesn't deserve anyone's help or the chance to help anyone else. Mods, please lock, delete, and kill this thread with fire… assuming all the previous flaming has left more than ashes.
Post
Topic
Board Mining (Altcoins)
Re: Mining for the non-profit sector. Need to exceed 2 mBTC per day per 1070…
by
AQBQVF
on 07/07/2017, 07:16:22 UTC
My model builds in the attrition rate of 80% of the warranties of the specced out parts, but it assumes a revenue rate that was equal to what I've written above. If it's half that, this whole thing blows up.
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Topic
Board Mining (Altcoins)
Re: Mining for the non-profit sector. Need to exceed 2 mBTC per day per 1070…
by
AQBQVF
on 07/07/2017, 06:43:31 UTC
Okay, so I left out some details for those equations to make sense. They'd be getting their quad-1070 machine so it would be ~$4 CAD per day from their own machines, ~$1 per day from my organization's in-house miners, all of which would be matched by my funders. So yes, it would be possible to get $30 000 in 3000 days, not 82 years as some people are suggesting. And yes, my models are based on oversimplifications about the fact that bitcoin has a long term growth rate that beats the crap out of inflation but gets harder to do over time, so basically every equation I've given you is based on an assumption that the value of mining capacity to go up approximately at 2/3 the rate of expected cost inflation. Does anyone here think that's not a conservative assumption to make?
Post
Topic
Board Mining (Altcoins)
Re: Mining for the non-profit sector. Need to exceed 2 mBTC per day per 1070…
by
AQBQVF
on 07/07/2017, 05:25:32 UTC
My test machine had been mining for 71 days at 2.1-2.4 mBTC, yielding consistent payouts of over $20 CAD per week.

$20 CAD per week / 7 added up to almost $3 CAD per day. Divide that by 3 (these machines would mine in beneficiaries' homes overnight for 8 hours per night during off-peak hours for power rates, all beneficiaries would be living in Toronto Community Housing so their electricity would be paid for) $1 CAD per day for ~30 000 days is about $30 000 per beneficiary family which is enough to subsidize their gifted child's education by about 50%. What a horrifically shitty idea, I know.

And for the absolute final time, and blown up for everybody who wants me to build a model based on mine-and-trade.


MY FUNDERS WILL NOT BACK A PROJECT THAT EXPECTS POOR FAMILIES TO TRADE CRYPTOCURRENCIES. IT WAS LIKE PULLING TEETH TO CONVINCE THEM THAT BITCOINS AREN'T THE DEVIL'S MONEY AND THAT MODERN PCs ARE NOT DEVIL BOXES. *****IF YOU WANT TO WRITE SOFTWARE THAT WILL MINE WHATEVER IS MOST VALUABLE IN A GIVEN MOMENT AND PAYS USERS FOR THEIR EFFORT IN BITCOINS, YOU CAN HARDCODE THE PROCEEDS OF CPU MINING TO GO DIRECTLY TO YOUR OWN WALLETS*****. IF THIS IS NOT A PROJECT THAT SOUNDS INTERESTING TO YOU THEN PLEASE STOP REPLYING TO THIS THREAD.
Post
Topic
Board Mining (Altcoins)
Re: Mining for the non-profit sector. Need to exceed 2 mBTC per day per 1070…
by
AQBQVF
on 07/07/2017, 03:44:45 UTC
Or should I say 0.268 GH/s of Lbry per GPU. Assholes.
Post
Topic
Board Mining (Altcoins)
Re: Mining for the non-profit sector. Need to exceed 2 mBTC per day per 1070…
by
AQBQVF
on 07/07/2017, 03:33:40 UTC
The people you provide these computers to, do they know you are mining and they have to pay for the electricity?  Unless you tell them, that is theft, you are stealing electricity from them to make money for yourself.  What if they put the PC to sleep when they are not using it?  This sounds like a scam to me.

Are you fucking kidding me? THEY WILL BE MINING THEMSELVES DURING OFF-PEAK HOURS I WON'T BE TAKING A CENT FROM BENEFICIARIES' WALLETS. THE MINING REVENUE WILL FUND THE EDUCATION OF THE GIFTED CHILDREN RECEIVING THE MACHINES THAT WILL ALSO HAVE EITHER DONATED OR OPENSOURCE ALTERNATIVES TO RELEVANT SOFTWARE THEY WILL NEED TO PURSUE THEIR CAREERS IN STEM. I'M SORRY YOU THINK THE ONLY PEOPLE INTERESTED IN THE BLOCK CHAIN ARE SCUM BAGS LIKE YOU.

To the person with 5 GPUs getting 2 mBTCs a day, switch to NiceHash ASAP because I'm getting 2.1-2.4 mBTCs per day on my test machine of a Core i5 and two 1070s in SLI configuration.
Post
Topic
Board Mining (Altcoins)
Re: Mining for the non-profit sector. Need to exceed 2 mBTC per day per 1070…
by
AQBQVF
on 07/07/2017, 02:45:49 UTC
I allocated some SSD space on my test machine for virtual memory and lo and behold, I'm over 1.4 mBTC per day. Y'all need to go fuck yourselves.
Post
Topic
Board Mining (Altcoins)
Re: Mining for the non-profit sector. Need to exceed 2 mBTC per day per 1070…
by
AQBQVF
on 07/07/2017, 02:17:39 UTC
and also you're not adding in the BTC price value. if BTC was at $3000 usd for one coin last week and its @ $2500 today for an example  a lost $500 value is directly proportional to your earnings per day..   if you converted to BTC...   get it... hint .. hint   

Do you even fucking run NiceHash? It gives you a readout in mBTC and the fiat currency of users' choice. You'll notice I didn't cite the earning capacity in fiat currency, I cited it in mBTC because I'm not a total fucking moron like your shitty and useless message implies. Thank you all for letting me know that this community is the worst possible place to recruit a coder for a new project. You all can fuck off. I don't care at this point if I get moderated and my account gets blocked. This forum is full of useless, flame-happy masturbators.

FOR THE LAST TIME NICEHASH MINER HAS A VIRTUAL MEMORY ALLOCATION BUG I DON'T KNOW HOW TO GET AROUND AND ITS LATEST VERSION COMES WITH A LEGAL NOTICE THAT HAS SCARED MY FUNDERS OFF. IF NONE OF YOU HAS ANY INTEREST IN WRITING SOFTWARE THAT PAYS USERS IN BITCOIN FOR MINING A LESS MAINSTREAM CRYPTOCURRENCY AND HARDCODING CPU EARNINGS FOR YOURSELF THEN FUCK OFF AND STOP POSTING IN MY GOD DAMN THREAD
Post
Topic
Board Mining (Altcoins)
Re: Mining for the non-profit sector. Need to exceed 2 mBTC per day per 1070…
by
AQBQVF
on 06/07/2017, 23:22:06 UTC
I am aware of the difficulty issue. The only miner NiceHash uses where my limited capacity is easily able to track difficulty is CUDA, and at a difficulty of 512 with CUDA I am making less on my test machine with the latest version than I was from version 1.7.5.12, and as I said, from other research I've conducted, this is based on a virtual memory allocation issue I'm not smart enough to understand. But that doesn't even matter anymore because my funders won't sign off on a miner that comes with a legal notice like the one the latest version does. So yes, for once and for all, the version does matter. In this particular case.

It would be so nice if people read what I was writing, or if they weren't willing to bother to do so, then at least wouldn't bother replying.
Post
Topic
Board Mining (Altcoins)
Re: Mining for the non-profit sector. Need to exceed 2 mBTC per day per 1070…
by
AQBQVF
on 06/07/2017, 22:48:35 UTC
To geokoder: I used whattomine to find NiceHash in the first place (top on the list after Lbry) because my funders wouldn't hear anything about currency trading. This decision literally isn't up to me.

To most recent poster: apparently it actually does in this particular. There is some virtual memory allocation bug in the newest version of this program that I'm not a technical expert enough to understand my way around at this time.

The initial post of this thread was intended as basically an open bounty for someone to write something like NiceHash without the newfound commercial application restriction the latest version of NiceHash includes, in the form of a legal notice (which is enough to scare off my funders) that would allow the programmer to claim the rewards of the CPU for themselves: which is specced to be everything from a G4400 to a Core i5 for the different aspects of the project. It would be nice if this community was welcoming enough to not shit all over a person trying to present a new economic opportunity as well as use this technology to help gifted kids in need. All I've gotten is cynicism and masturbatory flaming.
Post
Topic
Board Mining (Altcoins)
Re: Mining for the non-profit sector. Need to exceed 2 mBTC per day per 1070…
by
AQBQVF
on 06/07/2017, 21:49:32 UTC
I was getting upwards of 2.4 mBTC per 1070 per day with NiceHash v1.7.5.12. If you don't have anything to contribute to this discussion, don't bother posting.

I hope it made you feel really good to call a stranger on the internet a crackhead but you can go away now.

For all those people who have ignored what I've said also: please stop replying to this thread. I know it makes you feel good to see your avatars and signatures in more places but if you're not going to actually answer the question I was asking, then you are literally just performing forum masturbation, for which you should be moderated.
Post
Topic
Board Mining (Altcoins)
Re: Mining for the non-profit sector. Need to exceed 2 mBTC per day per 1070…
by
AQBQVF
on 06/07/2017, 21:15:02 UTC
I honestly think no one here believes me. I'm ACTUALLY, HONEST-TO-GOODNESS trying to launch a non-profit startup and my potential backers were onboard to fund my projects when my business plan involved downloading software that only demanded beneficiaries' parents click on a button and copy and paste a bitcoin wallet address. I WILL NOT GET FUNDING PERIOD if I can't get the daily revenue up to 2+ mBTC per GTX 1070 per day WITHOUT adding the complexity of currency trading to the mix. NiceHash was perfect until their new software came out, had a legal notice that scared off my backers (they don't want to get sued or make charity recipients pay to download mining software) and their new software cut revenue in half on my test machine from the memory allocation problem.

P.S.: if all I have to do (as some initial research has suggested) is add $150 bucks or so to each machine's budget by getting a slightly better than 1:1 conventional RAM to GPU RAM ratio, then please feel free to let me know. My funders would find that option FAR more palatable than being forced to learn the names of more than one cryptocurrency.
Post
Topic
Board Mining (Altcoins)
Re: Mining for the non-profit sector. Need to exceed 2 mBTC per day per 1070…
by
AQBQVF
on 05/07/2017, 13:19:05 UTC
Hello all! I'm starting a non-profit entrepreneurial venture that helps poor families with gifted kids get access to quality PCs, software to prepare them for their dream careers, mentorship, and financial assistance for their post-secondary education. My model is only sustainable from mining 2mBTC or more per day per GTX 1070, but recently NiceHash's update both cut my revenue in half and came with a legal notice saying it's not for commercial use. So I'm looking for an alternative, Win10 friendly app that's as easy to use as NiceHash and is good at heat management. The designer of the software is free to take whatever cut they want as long as my organization's wallets can get 2mBTC per GTX 1070 per day or more without overworking my GPUs.

To any respondents, please keep the technical jargon to a minimum in this thread for my benefit. I'm an economist, not an engineer.

Thanks in advance for your honest advice and assistance.

I'm not sure I get the point exactly. Why not just use Claymore or another nVidia miner? Or are you looking to just mine whatever is the most profitable and get your 2mBTC/day in your BTC wallet? I may be mistaken here but you can mine "commercially" on your own hardware, I don't think Claymore give's 2 poops about what hardware you run his miner on as long as he gets his fees (which are hardcoded in the miner anyway).

For what it's worth, you really don't need to be an engineer to mine a coin using a dedicated miner. It's as simple as downloading the miner, changing your wallet address, selecting a pool to mine on and double click on a batch file to launch the miner. The only hassle is you need to trade whatever coin you mine for Bitcoins, but since you're an economist, that shouldn't be difficult :p

The need to trade currencies would kind of exponentially increase the complexity of the training we would need to provide the parents and guardians of our gifted recipients. The whole point of choosing Nicehash is that there's no intermediate step between mining and usable education savings funds.

So yeah, that's why I asked for what I asked for instead of asking what you were hoping I was asking for.
Post
Topic
Board Mining (Altcoins)
Mining for the non-profit sector. Need to exceed 2 mBTC per day per 1070…
by
AQBQVF
on 05/07/2017, 07:10:08 UTC
Hello all! I'm starting a non-profit entrepreneurial venture that helps poor families with gifted kids get access to quality PCs, software to prepare them for their dream careers, mentorship, and financial assistance for their post-secondary education. My model is only sustainable from mining 2mBTC or more per day per GTX 1070, but recently NiceHash's update both cut my revenue in half and came with a legal notice saying it's not for commercial use. So I'm looking for an alternative, Win10 friendly app that's as easy to use as NiceHash and is good at heat management. The designer of the software is free to take whatever cut they want as long as my organization's wallets can get 2mBTC per GTX 1070 per day or more without overworking my GPUs.

To any respondents, please keep the technical jargon to a minimum in this thread for my benefit. I'm an economist, not an engineer.

Thanks in advance for your honest advice and assistance.