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Showing 20 of 48 results by Shastada
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Board Mining (Altcoins)
Re: Compare profitability: Scrypt Scrypt-N X11 multipools and hashrate rentals
by
Shastada
on 09/06/2014, 19:53:33 UTC
I've been doing NiceHash X13 since they introduced it. It seems to be much better than X11 so far. Also they have the multi-algorithm switcher that seems interesting but haven't tried that yet. Both would be good additions to the list if you have the rigs to spare.
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Topic
Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
Shastada
on 21/05/2014, 11:59:43 UTC
Terk, any plans for a N or X11 based switching pool with autopayouts to BTC? Seems like a lot of hashing power (GPU) has been moving in that direction, just wondering if you were planning on supporting such a thing. I love your site, but have moved all my hashing to X11 or N depending on how the wind blows and probably won't be back on scrypt again unless the wind blows back in that direction.
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Topic
Board Mining (Altcoins)
Re: NiceHash.com - rig owners needed - currently at 0.008+ BTC/MH/day
by
Shastada
on 17/04/2014, 14:03:53 UTC
Question, as a miner do I only get paid at the rate of the job I'm working on or the average of the mining jobs because it seems like with the limited mining now some are working higher profit jobs than others. Seems then that isn't particularly fair as it will be random which job you get. Also if there is a higher paying unlimited job why isn't everyone working that one? It seems some are still working lower profit limited jobs?
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Topic
Board Mining (Altcoins)
Re: Compare profitability: Scrypt Scrypt-N multipool, Vertcoin, Doge Litecoin P2Pool
by
Shastada
on 12/04/2014, 20:58:00 UTC
Added scrypt.cc. Please note that it is quite different from anything else on these charts, so proceed with caution. High yield comes with an initial investment cost roughly twice the cost of buying mining hardware as of today (e.g. Gridseed Blade). That is counterbalanced by the ability to trade hashpower in a fairly liquid market. Weigh carefully whether or not that is an acceptable risk for you.

Honestly Scrypt.cc sounds like a ponzi scheme. High initial investment? check... Unrealistic rate of return? check... at some point they'll disappear with your money, it almost seems guaranteed.

Well, I dont defend Scrypt.cc (as I dont use them), but approx the same was said previously about Cex.io...
Cex.io grow big, Scrypt.cc is (is it?) the 1st scrypt cloud mining service, time will tell, there is always risk when trusting your funds to some online service (just remember inputs.io, 50btc, gox, coinex etc)

I wasn't around the mining game when Cex.io came out, but did they have a rate of return that was significantly higher than would be expected? The KH/s rate at scrypt.cc right now seems absurd with suchmoon's first two days of reporting. If it continues to be an outlier in performance it would almost have to be a scam since otherwise other's would be able mine in a similar manner and get the same return. It could be they 'underreport' the mining rate so you're really getting more KH/s than what an equivalent cgminer would say you're getting so in reality the numbers would be similar. For example 1MH at scrypt.cc is actually equivalent to 1.2MH reported in cgminer which would account for the discrepancy in suchmoon's numbers as you're not truely comparing apples to apples.
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Topic
Board Mining (Altcoins)
Re: Compare profitability: Scrypt Scrypt-N multipool, Vertcoin, Doge Litecoin P2Pool
by
Shastada
on 12/04/2014, 17:41:20 UTC
Added scrypt.cc. Please note that it is quite different from anything else on these charts, so proceed with caution. High yield comes with an initial investment cost roughly twice the cost of buying mining hardware as of today (e.g. Gridseed Blade). That is counterbalanced by the ability to trade hashpower in a fairly liquid market. Weigh carefully whether or not that is an acceptable risk for you.

Honestly Scrypt.cc sounds like a ponzi scheme. High initial investment? check... Unrealistic rate of return? check... at some point they'll disappear with your money, it almost seems guaranteed.
Post
Topic
Board Mining (Altcoins)
Re: Compare profitability: Scrypt Scrypt-N multipool, Vertcoin, Doge Litecoin P2Pool
by
Shastada
on 12/04/2014, 03:25:33 UTC
Added NiceHash. Please note that it is a very new service and there might be some growing pains. It is incompatible with cgminer 3.7.2 and older. Reject rates are extremely high at the moment.

Did you configure a minimum price on nicehash? I'm going to try it with a 5.0 setting so I should get at least .005/MH/day
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Topic
Board Mining (Altcoins)
Re: Compare profitability: Scrypt Scrypt-N multipool, Vertcoin, Doge Litecoin P2Pool
by
Shastada
on 08/04/2014, 19:15:19 UTC
I have removed Middlecoin (it will remain on the spreadsheet for a while) and added GHash.io multipool beta.


What coins do you have selected on the GHash.io multipool? All of them? Autoconvert to BTC? Lots of options there, just wondering what you're base lining with.

They added a bunch of coins this morning, but then just recently removed NET despite mining it most of the morning. So it seems to be a little erratic right now so I keep checking every couple hours to see if they add more coins (since they aren't automatically selected).

I'm averaging .0063 BTC/MHash/day so far today, not sure if that will keep up.

I have all coins selected, auto converting to BTC. It selected new coins automatically for me, not sure why it didn't for you.

Maybe thats why its a Beta? LOL
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Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - www.middlecoin.com
by
Shastada
on 08/04/2014, 18:52:49 UTC
I was one of the miners that did like H20 work on this pool (was the reference pool of the market).

But that lazyless, and lack of communication have killed the pool...
It now works in auto-pilot with any kind of intervention...

And it shows... Low profits, erratic payouts... (due to errors on the API for sure), it seems H20 don´t care anymore (maybe its full of cash...), and theire still some sheep laying on the pool...

I have since move on to better green fields... on at least i see the sheppard talking to the sheep...

Best Regards,

LPC

Blackmailing forum members outing h20's identity, photos, location, etc killed the pool.
If someone did that to you, you wouldn't want to stick around either. 
I don't blame h20, and am actually surprised he kept the pool up after January.

Yeah surprised someone wanted to keep making free money? There's no reason H20 shouldn't have publicly divulged who he was to begin with, he was making A LOT of money off this why not be forthright?
Post
Topic
Board Mining (Altcoins)
Re: Compare profitability: Scrypt Scrypt-N multipool, Vertcoin, Doge Litecoin P2Pool
by
Shastada
on 08/04/2014, 16:32:09 UTC
I have removed Middlecoin (it will remain on the spreadsheet for a while) and added GHash.io multipool beta.


What coins do you have selected on the GHash.io multipool? All of them? Autoconvert to BTC? Lots of options there, just wondering what you're base lining with.

They added a bunch of coins this morning, but then just recently removed NET despite mining it most of the morning. So it seems to be a little erratic right now so I keep checking every couple hours to see if they add more coins (since they aren't automatically selected).

I'm averaging .0063 BTC/MHash/day so far today, not sure if that will keep up.
Post
Topic
Board Mining (Altcoins)
Re: Compare profitability: Scrypt Scrypt-N multipool, Vertcoin, Doge Litecoin P2Pool
by
Shastada
on 07/04/2014, 15:26:42 UTC
I tried the Ghash for a few hours and pulled my rigs back to my normal server. They don't really have enough hash power to find blocks of Doge and litecoin to make them worth it. With more hashpower to get the pool moving it looks promising I really like the features they offer with keeping the coins to swapping to btc or ltc.

I've been running on there for almost 24 hours now... Will have to do a little calculation once I start seeing payouts. I've got right about 2MH on there so I'll give it 2-3 days and see what my daily rate looks like and compare to this chart here to see if its worth it.

If nothing else, its an easy way to pick one or two coins and get autopayouts in LTC or BTC.
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - www.middlecoin.com
by
Shastada
on 04/04/2014, 20:30:19 UTC
Been waiting two weeks for a payment ? is this pool legit?

It was very good, then the owner/operator let it go on cruise control and gave up caring after cashing in big time. I still don't understand why anyone is pointing hash here at this point. It's clear H2O gave up a long time ago (over a month ago).
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Topic
Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
Shastada
on 23/03/2014, 16:19:57 UTC
Vertcoin is taking off, due mostly to its asic-resistant algo. Anyway we can get a pool made that mines Vert and pays in BTC? Work on that Terk! You could corner the market if you're the first out with that.

For a multipool, because Vertcoin halves your hashrate, if you calculate BTC per Mh/s, it's still better to mine other altcoins and dump them. Vertcoin is about 0.08 BTC per Mh/s (halving your hashrate). Multipools are 0.05-0.08 BTC per Mh/s.
If you wanting to speculate that Vertcoin's value will go up, then you will need to join a dedicated pool and not convert to BTC like multipools do.

Well that's my guess and shitty calculations.


https://bitcointalk.org/index.php?topic=514242.0

This guy is 'normalizing' the hash rate and its mining at a much better rate than any multipool right now. If you're talking 20% better returns thats pretty significant. But I like the multipools because I want to be paid in BTC and not Vertcoin. So the first pool that comes out that autotrades Vert to BTC is going to see a lot of migration I think. As a multipool operator it would be in Terk's best interest to be first with this rather than wait for others and lose his cut.
Post
Topic
Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
Shastada
on 23/03/2014, 11:08:02 UTC
It's time to realize the scrypt coin-switching bubble is bursting.

It has been a fun ride, but all these bitcoins need to come from somewhere.
"Investors" are eventually going to give up on gambling on crapcoins.

With the size of all multipools today, there simply is too much sell pressure for all these coins.

And finally, with ASIC farms starting to take shape, GPUs will soon consume too much electricity to be profitable.

What will happen next?!

Stay tuned, for another episode of Dragon Ball Z!

Vertcoin is taking off, due mostly to its asic-resistant algo. Anyway we can get a pool made that mines Vert and pays in BTC? Work on that Terk! You could corner the market if you're the first out with that.
Post
Topic
Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
Shastada
on 23/03/2014, 01:59:33 UTC
Is it my imagination, or has everyone suddenly switched to CleverMining?

The return of the west coast server maybe? Helped get people back on board.
Post
Topic
Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
Shastada
on 17/03/2014, 17:05:12 UTC
The other question is I'm mining using a 3G router.
Could it be some sort of latency issue when changing coins or finding lots of blocks quickly on low diff coins?

Latency is the biggest reason for high rejects, so yeah what is your ping to the server over that 3G router? Anything over 200ms or so is likely to create lots of rejects.
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Topic
Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
Shastada
on 13/03/2014, 12:32:46 UTC
I get that the algorithm can't be disclosed but why is profitability going under LTC in the first place?

Shouldn't there be a fail-safe mechanism that jumps to mining LTC so profitability won't ever be below LTC? OK, never under 100% LTC might be too much but at least never under 90%.

I assume because you don't know profitability of what you just did till its already over. Between the time you decide to mine something till it payouts (especially all the way to BTC) there can be a lot of flux.
Post
Topic
Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
Shastada
on 12/03/2014, 12:52:17 UTC
Hi Guys, I have tried Clever mining and really like the interface, graphs and the profitability compared to other pools. I really want to use it but getting around 20% rejects I tried twice for 2 hour periods. I have used CGminer 3.7.2 first time and SGMiner 4.1 second time with zuikkis kernel. Both these work fine for me with other pools with exactly the same config, I get under 5% rejects.

With clever mining the 20% is too high and after 2 hours of hashing, I see only 2.4 Mh/s on Clevermining website where as my Rig is 3 Mh/s. This is due to the 20% lost in rejects. I see people getting very few rejects. Can you please tell me how you manage to do this? I have tried the setting for scan-time, queue etc for the second run, but they didnt make any difference.

Location? What server are you using? How far are you from that server? (latency?)

Those things are likely your issue and not config if your config works well at other multipools.

I just dropped from 10% to about 3-4% by switching to the new east coast US server(ny.) rather than the Oregon one (us.)
Post
Topic
Board Pools (Altcoins)
Re: [ANN][AUTO-SWITCH] Profit-switch auto-exchange pool: CleverMining.com
by
Shastada
on 11/03/2014, 17:02:06 UTC
Thank you for US East Server.   0% reject after 2 hours and going!!!!

Soooo all this talk about the rejects being the fault of inexperienced miners goes out the window when a simple server change removes rejects.

That's basic troubleshooting 101 and some folks here spouting BS about inexperienced miners need to offer up some apologies...

Also since the NY server is new, not many people have migrated over and it has very low load right now (only about 1.7GH vs 8 on the west coast server). That helps lower the rejects as well.
Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - www.middlecoin.com
by
Shastada
on 01/03/2014, 16:09:10 UTC
why does anyone mine here. lol so much better alternatives now.

Not sure why anyone would. Past glory does not equal future success. H2O still sitting on over $100k worth of unexchanged coins. probably used it on a new house or car and is laughing at the fools still mining here.
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Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - www.middlecoin.com
by
Shastada
on 26/02/2014, 03:34:35 UTC
Not bad idea with a LTC line in there. Anyone know where can I get good stats for LTC to BTC per MHs?


Clevermining has a LTC line on its graph that updates daily. Not sure where they get their data but you can pull that maybe

http://www.clevermining.com/profits