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Showing 18 of 18 results by JeremyB796
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Board Altcoin Discussion
Re: What would be a smart/logical choice on what alt coin to mine? (or pool)
by
JeremyB796
on 06/08/2013, 03:12:25 UTC
Still didn't get that to work  Undecided

I'm looking at Krugercoin and Philosopherstone...I decided to solo mine about 24hour and got 224.10 KGC and 576.70 PHS

...idk...lol...I should pool mine instead...
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
JeremyB796
on 06/08/2013, 01:19:40 UTC

Yeah, you care to expand on that?  Cool

Sorry about your luck with the other pools.

My experience has been the opposite and yes you could always tweak cgminer every time you changed coins if they were different enough.

The easiest solution I can give is to find your graphics card in  http://litecoin.info/Mining_Hardware_Comparison list <--that list.

Then look for the one with the highest hashrate and try those settings.

--as CGMiner runs, watch the "HW:#" value at the top...that should always be zero, if not then tweak the settings till they stay there(run overnight at least)

--------------------

I used to get a Butt Load (126 Gallons) of errors which resulted in a low reported hashrate and a lot of bad shares...
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Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
JeremyB796
on 05/08/2013, 06:01:31 UTC
At times it seems I'm not getting enough work and/or not getting work in a timely manner. Is there some kind of bottleneck?

I say this because sometimes my hash just disappears from the main stats page. While cgminer doesn't DC or go into failover mode the timestamps are clearly showing some gaps.

While running load balance between middlecoin (24ms) and another pool (200+ms) I noticed the other pool always having the work priority on both rigs despite 8x the latency.

To be fair though I need to run these comparisons between 2 auto switching  pools and will test against multipool when I get the cryptsy autosell api working.

Dude- (or dude-ett ...jk)

I had the same issue with almost ALL pools I tried.
I personally ended up having to fix my cgminer settings  Roll Eyes

I'm no expert but that was just my situation...
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Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
JeremyB796
on 05/08/2013, 04:12:03 UTC
I hope this hasn't already been asked- but what coins do you NOT support?

-He does NOT support SHA-256 based coins. Only scrypt coins. Now, getting more specific...

Like on "coinwarz.com" are there any coins there that you do not support?

http://middlecoin.com/faq.html: What currencies do you mine?

I can't make that information public either. But I consistently check the profitability of coins that are put on exchanges. So the basic answer is "the most profitable ones".


I you can't give specifics- can you give us a number of ~or~ yes-or-no?

https://bitcointalk.org/index.php?topic=259649.msg2854693#msg2854693 - 02-Aug-2013: We are now trading on three exchanges. And we have 26 coins in the rotation.

As to more specific than that, you can peruse posts by h2odysee to get hints as to which coins have been mined at some point. He won't give us a list, its in the FAQ (as listed above), but some that he has either directly or indirectly confirmed are: FTC, CAP, LTC, CGB, NVC, LKY, FST, and perhaps CHN. Note that all these hints were gathered from past posts by him here on Bitcoin Forum, and are only indicative of what may have been mined at that point in time, and may have been suspended from active use... or may still be a possible option if his script picks them.

The official answer, as the FAQ says, is that he won't reveal it.


Also, would 360-380Kh/s be an okay amount of power to use your pool? Or would it go to waste and not be worth my time  Tongue

H20 is mining with 2x 7970s, which is about 1.2MH. I've personally got three 6970s pointed there, about 1.4MH, and as soon as I get a new power supply on Tuesday, will setup my three 7950s for another 1.7MH.

You don't have to have a ton of processing power to mine on pools... in fact pool mining is preferable for smaller farms like yours or mine, because most coins, solo mining with a small farm is unfeasible with regards to the price of power to the rarity of block reward. The question is if a profitability switching pool like this (much like the pool hopping clients of old) is more profitable than just pointing at a consistently profitable coin  (averaged over time... see also coinchoose, sort by the 7-day column) and staying the course for a long run. Some people are running those checks, but it still will take some time.

As for me, even though I only have 2-3MH invested (which is a lot of money for me, between buying cards, motherboards, PSUs, and the power itself used), mining on a switcher site is easier in the short run. I've been mining on multipool for about 3 or 4 weeks until I decided to get a baseline over the past week, and now I'll check how I far on this site with the same machine. Judging by an average of the 5 people above and below my hash rate, at very worst... I'll make slightly better than I was at Multipool. At best... I'll make a HELL of a lot better than I was at Multipool. One upside is I don't have to worry about selling off my coins manually, I'll just get them off the bat.

With the number you said... I'd guess you are bringing a 6870 to the table... thats what my first mining card was in my desktop, and I still mine with it from time to time.


THANK YOU- for scouring through all the pages for this info!

I already knew that he wouldn't support SHA-256 coins, and I was hoping just a total- like the one you said.  Tongue

About the gpu...uhh-well... ... I am using dual HD7750s overclocked. my total power pull is something like 120watts between the two but I hope to eventually upgrade (my MOBO doesn't support crossfire but has 1-16x and 3-1x pcie slots--I like the lack of crossfire because one gpu will always be free to do work~)

Another PC in the house has a 5750 but I didn't set it up yet so I get hardware errors like it's throwing a drunk party--
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
JeremyB796
on 05/08/2013, 03:56:03 UTC
I hope this hasn't already been asked- but what coins do you NOT support?

Like on "coinwarz.com" are there any coins there that you do not support?

I you can't give specifics- can you give us a number of ~or~ yes-or-no?

that would be appreciated. It doesn't matter TOO much to me, mostly curiosity...
----

Also, would 360-380Kh/s be an okay amount of power to use your pool? Or would it go to waste and not be worth my time  Tongue

On the rig I game with I often hash at 230 KH/s or so (I tone it down a lot when I game, and run it full-speed when I'm away from the PC). Even so, I've had no real problems with lost shares above and beyond what we experience normally here (which is the same even if you run 50 million MH/s). My share rate is around 0.3/minute at 230 KH/s, but it's still something. And it's more profitable than mining other coins so far as I can tell!
Oh, okay.

I get about 0.6 on one and o.3 on another card...I am assuming that the 0.3 is caused by that being my display gpu (my hashrates go up by 50+ just by turning it off)
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
JeremyB796
on 05/08/2013, 03:12:51 UTC
I hope this hasn't already been asked- but what coins do you NOT support?

Like on "coinwarz.com" are there any coins there that you do not support?

I you can't give specifics- can you give us a number of ~or~ yes-or-no?

that would be appreciated. It doesn't matter TOO much to me, mostly curiosity...
----

Also, would 360-380Kh/s be an okay amount of power to use your pool? Or would it go to waste and not be worth my time  Tongue
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Topic
Board Altcoin Discussion
Re: What would be a smart/logical choice on what alt coin to mine? (or pool)
by
JeremyB796
on 02/08/2013, 21:18:26 UTC

O':

I'll look at this...them maybe I'll use it  Grin
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Board Altcoin Discussion
Re: What would be a smart/logical choice on what alt coin to mine? (or pool)
by
JeremyB796
on 02/08/2013, 17:22:46 UTC
Post
Topic
Board Altcoin Discussion
Re: What would be a smart/logical choice on what alt coin to mine? (or pool)
by
JeremyB796
on 02/08/2013, 16:57:52 UTC
It depends on what your goals are, and how involved you want to get.  The 2 pools mentioned are ok if you want a 'set and forget' solution (middlecoin especially), however its not going to maximize your potential profits.  

Middlecoin is mining what is profitable and selling it in batches at market value at that time (my assumptions here, could be mistaken). Its basically letting someone else do the trading for you.  No holding, no potential to speculate or ride a coin to an increase in value (or a loss, of course).  In theory payments should be rather steady and consistent.

Multipool is giving you 'most profitable' at the time of mining, but of course that doesn't mean it translates in any way to when you actually have accumulated enough coins to sell them.  You end up with a bit of everything, and if you like to play the markets, and rode all the right swings, it could work out well for you.

Both these pools share the same characteristic; they are in it for short term small gains at the expense of potential significant long term gains.  Think of it this way, you could make an extra 5-10, maybe 15% profit mining many different coins and cashing them in, but what if you happened to mine nothing but 'the next ltc' (or even something that ends up half the price), while it was in its infancy and held them for long term growth.  The profit potential could be astronomical in comparison, but of course finding said coin isn't easy these days (hence this thread in the first place)

The other thing with these 2 pools is they are also more or less looking at coins already on an exchange (as far as I'm aware).  As was mentioned previously, its often newer coins not yet on an exchange that can lead to some very nice profits if you've picked the right one.

On a side note, my personal opinion is both of the above pools are doing harm to the current alt-coin crypto environment.  Middlecoin is trading bulk amounts of many different coins at market value on a daily basis, generally driving down prices, and multipool (and middlecoin) hammer coins when diff drops, leaving steady miners looking for long term gains slogging through higher difficulty times.  They both squeeze out room for speculation and real gains I mentioned elsewhere in this post, for the sake of much smaller short term profits.  They are both new enough that we may not see the longer term effects of this for awhile, but it may end up driving many coins to a 0 value game.  For this reason, I personally stay away.   However this personal opinion doesn't really change the rest of this reply, tried to give an unbiased view.

In the end, like most things, your probably going to get what you put into it.  If your able to put in the time, sift through a lot of noise, to find some diamonds in the rough, learn to understand and spot why one coin may end up worth more than others, the rewards are definitely there for the taking, and likely much greater than multi-pool solutions.  But if you don't have this time or aren't interested in getting your hands dirty with it, above 'set and forget' options are available!

yeah, I noticed that with those two pools I end up being able to send less shares than normal it seems...and I get new block messages every second too...I don't think they are really big enough to do THAT much damage.

I think middlecoin only does the conversion once a day...so it's just lake multipool but without doing it by hand?
...so in a way...I'm still at the mercy of exchange rates. (what mercy  Wink)

I was looking at some of the new stuff like Philosopherstone...I mined overnight and got 2 superblocks...so now I have 256 of a worthless coin...lol
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Topic
Board Altcoin Discussion
Re: What would be a smart/logical choice on what alt coin to mine? (or pool)
by
JeremyB796
on 02/08/2013, 05:30:13 UTC
What DO or what SHOULD I mine?
...
but what would be a wise choice? using THAT pool and end up mining a little of EVERYTHING or sticking with one coin and which?

That is indeed the game we are playing. You'll get a different answer to that question from everyone that answers it, and a good portion of those answers will likely fall into the category of dis-information. Everyone has a bias of some sort and some can't help but to try and steer readers in a direction that profits themselves more than the readers. Shocked

The most profitable advice given to me was to try everything (pool, solo, pick one coin, try lots of coins) and see what works best for you. Everyone has different resources to invest, costs to maintain, and expectations for the results, and differing amounts of patience. The best advice I have been given is to do the research on the different coins and only support the ones in which you truly believe.

hmm...THAT is a VERY GOOD point.

I have tried calculating every coin I find based on the hashrate (about 360Khash/s) and it is quite hard to get a good answer due to the sudden fluctuation in the rates and difficulties...

It seems that it is always a fight between Mincoin, Cosmoscoin, Digitalcoin, and feather...

I hope to make a decision soon...(I have 8 bat files on my desktop just for different coins, wallets, pools, solo...it a cluster -)

Use middlecoin and avoid the headache of having to set up your own system to switch coins every few minutes. You should be using a pool that automatically switches to the most profitable coin unless you have a hunch that some coin is going to dramatically increase in price.

Yeah...will probably go with middlecoin in that case...let me just fix my miner  Wink

There's a few ways about it. One is that you mine stuff that is not even on exchange yet, hoping that it is more profitable than anything on coinchoose/coinwars/wheretomine/etc.

There's another way, where you mine the coin that you want to support the most, despite how profitable it will be. At this point, you're only mining it because you support the coin and its services that it offers (or may offer in the future).

And lastly, there's the purist that only mines LTC and BTC because they're the "originals".

So obviously it depends what you're in this for. Myself, I need to make a few extra bucks... so it's rare that I mine something that is on an exchange already (because by that time it's less profitable for me to mine). More often, I mine something that looks promising that is not on exchanges yet (so it has not caught a whole lot of attention... yet). As most things in life, it's a you win some you lose some kind of game...

You mean coins that are SOO new that people don't even really know they exist yet?
...I actually understand this logic...I'm probably just going to use middlecoin(or multipool if that goes down)

I will look into this more though.
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Topic
Board Altcoin Discussion
Re: What would be a smart/logical choice on what alt coin to mine? (or pool)
by
JeremyB796
on 02/08/2013, 05:14:31 UTC
Digitalcoin (DGC) and Worldcoin (WDC)
$.02 ymmv etc

last time I checked world and digital fell significantly...

(world was quite up there earlier today though...and dgital JUST seemed to fall...uhg)

I think I MAY choose Worldcoin...or nova...that one likes to stay relatively up there...

middlecoin and/or multipool look to be my best bets...
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Topic
Board Altcoin Discussion
Re: What would be a smart/logical choice on what alt coin to mine? (or pool)
by
JeremyB796
on 02/08/2013, 04:01:08 UTC
What DO or what SHOULD I mine?
...
but what would be a wise choice? using THAT pool and end up mining a little of EVERYTHING or sticking with one coin and which?

That is indeed the game we are playing. You'll get a different answer to that question from everyone that answers it, and a good portion of those answers will likely fall into the category of dis-information. Everyone has a bias of some sort and some can't help but to try and steer readers in a direction that profits themselves more than the readers. Shocked

The most profitable advice given to me was to try everything (pool, solo, pick one coin, try lots of coins) and see what works best for you. Everyone has different resources to invest, costs to maintain, and expectations for the results, and differing amounts of patience. The best advice I have been given is to do the research on the different coins and only support the ones in which you truly believe.

hmm...THAT is a VERY GOOD point.

I have tried calculating every coin I find based on the hashrate (about 360Khash/s) and it is quite hard to get a good answer due to the sudden fluctuation in the rates and difficulties...

It seems that it is always a fight between Mincoin, Cosmoscoin, Digitalcoin, and feather...

I hope to make a decision soon...(I have 8 bat files on my desktop just for different coins, wallets, pools, solo...it a cluster -)
Post
Topic
Board Altcoin Discussion
Re: What would be a smart/logical choice on what alt coin to mine? (or pool)
by
JeremyB796
on 02/08/2013, 03:51:18 UTC

wow...that's...

AHmazing.


That surely would solve the headaches of exchanging them at every givin moment
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Topic
Board Altcoin Discussion
Re: What would be a smart/logical choice on what alt coin to mine? (or pool)
by
JeremyB796
on 02/08/2013, 03:23:49 UTC
Bitcoin + the merged coins (DVC, iXC, and NMC) are always a good choice. PPC, LTC, and XPM are also not bad ideas.

merged coins? I've heard of namecoin but not the others...
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Board Altcoin Discussion
Topic OP
What would be a smart/logical choice on what alt coin to mine? (or pool)
by
JeremyB796
on 02/08/2013, 03:00:17 UTC
I just got everything setup to mine and now I'm stump...

What DO or what SHOULD I mine?

...I was mining litecoins and then found out that that feathercoins were a little more profitable...

however, after that, I found https://www.multipool.us/ and that pool switches between what to mine based on profitability...

I also looked into kruggercoins and in a pool I could mine something like 800 of them a day but that equals about a dollar...Would the value of that coin possibly go up making it more worthwhile to mine?
--

Now I wonder...wouldn't it be bad to switch so often like that? If I were to switch to a new coin every round on that pool would I actually make anything?

I just kind of "feel" better about feathercoins because I can redeem them easier...

but what would be a wise choice? using THAT pool and end up mining a little of EVERYTHING or sticking with one coin and which?
----------
Sorry if that is an odd question but I am starting to become a little annoyed with all the sudden fluctuations and all the different coins. I am not knolegable enough to make a good decision. Maybe someone could clarify all of this and help me make a decision.
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Board Beginners & Help
Re: Lite coin mining-is it worth it in my situation? (also a pool based on this?)
by
JeremyB796
on 28/07/2013, 13:30:52 UTC

Oh- It seems registration for Pooler's is closed...oh well...I'll try to look for another.
EDIT- I found one that I like Tongue


My 7750's are plain 800MHz core clocks it's probably the cheapest one you can find. I have just overclocked them to 900 (and I read that scrypt mining benifits from mem OC so I did that too) to see if I get any improvement...nope...
HOWEVER my 5750 is built better and has a better heatsink/fan combo so I would imagine that it could surpass it by just a "little" bit...


If anyone has a pool suggestion, I will look at it, after math my cards would do somewhere between 450 Kh/s and 500 Kh/s--I hope to build a cheap mining rig with cheap everything and 58** gpus...

I won't attempt solo mining then as I would rather make more use of the energy used.
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Topic
Board Beginners & Help
Re: Lite coin mining-is it worth it in my situation? (also a pool based on this?)
by
JeremyB796
on 28/07/2013, 08:09:33 UTC
okay- so no cpu mining.

now, sense the level of bitcoin mining is so high, would it make more sense to mine litecoins?

I've had issues running CGMiner on 13.4, if 13.6 fixes this then I am willing to update.

And I have another question..., Where is Pooler's pool?

EDIT: yet another  Lips sealed question...
By "not pay at all" do you mean pay less? I was running my apu's gpu and my 7750 on two workers and I just got 0.00002 LTC in only like half an hour...hmm (i am clueless)
EDIT2:  last one...Some people seem to be Solo Mining on what seems to be weaker hardware...would this be a bad idea as well? (I will assume yes if unanswered P:)

-My god, The Wiki said my mother's pc with just one 7750 would only get 123 MH/s bitmining and it does 150...and with litecoin mining it gets 180Kh/s...I think this is good...-
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Topic
Board Beginners & Help
Topic OP
Lite coin mining-is it worth it in my situation? (also a pool based on this?)
by
JeremyB796
on 28/07/2013, 04:54:00 UTC
Hello, I am well...obviously new to lite/bit coin mining. (note, I am 17, I am setting this up for my mother and will be managing the mining and wallets  Undecided I have already setup some of this stuff on my own. --I will talk as if I was the one paying bills and in first person to make this shorter and simpler.)
---Please read carefully as I am very bad with forums and a bunch of info is hidden in the first part...sorry about my foolishness.

Now, I have 3 (well actually 5 computers, 2 out of commission) computers.

2 computers have a A6-3620 8GB ram (HD 6530D)
This one is lite coin mining with cgminer on the give-me-ltc pool (windows 8 12.8 drivers 2.7 sdk)
The other is bitcoin mining on the bitminter pool (WIN8 13.4 drivers)

The other computer has a AMD FX 6100 and a HD 7750 (ONLY 2 PCIe slots) (downgraded to 13.1 drivers will go lower if recommended/needed.)
This one I want to mine on now.

----------
I have another 7750 and a 5750, I want to put the 5750 in the FX computer to avoid crossfire and use the other 7750 in my current machine.
I intend to mine with the 7750 constant and mine with the 5750 and all cpu cores at night when not in use.
I want to mine with both the A6 apu (both gpu and cpu) and 7750.
I want to know if mining with a a6 apu alone on the other would be worth it Tongue
NOTE: all these systems are on 100% of the time and are set to NOT save ANY power, no cpu parking is permitted and all power saving is disabled. My power bill is at a all time low as "WE" have managed to save on everything else and I don't worry about my bill going up 25-50%

-now for the questions-
One these 3 systems, which form/type of mining on each individually would be most worth it?
Should I just avoid cpu mining altogether?, or would I get any positive gains from it.

What would be a good lite/bitcoin pool based on the systems that I will be using? I am wiling to change anytime. (I was looking at the Coinotron(RBPPS) pool as well but I'm not really sure, looking for a good pool for a small operation I guess...EDIT: I was also looking at slush's pool and already have an account there)
We *may* upgrade the gpus to the HD58** series as we become able to do so.

I am currently running CGminer at an intensity of 10, should I increase this on the discrete gpus?

Last question- Should I bother with namecoins? If so, how do I add them to my wallet/what wallet programs are available for windows?

I AM SO SORRY if this is too much! I tried to solve as much as I can with what little knowledge I gained through my searches! I WILL BE FOREVER GRATEFUL TO YOU GUYS!

And when I get the funds, I will send you (the ones who helped the most) some litecoins! (what are they- like $2.50? -each not really sure at the moment what a good amount would be  Huh)