Oh, yes I see, API is more flexible and less fees BTW


Ah , yes ... I just didn't look all columns ... blocks found are none on these. Evident now.


Nice

This is not immediate vs complete but "immediate and complete" and this is one of the 4 auto sell options you have when doing auto sell at Cryptsy.
This one option speaks for itself indeed: it will sell at any price buying orders are available until the quantity to sell gets entirelly sold.
So you may end up selling below the current top buy bid if the quantity exceeds what's available at this price, but you are sure to sell the whole lot ...  uuh, well, unless something goes wrong in the Cryptsy process which already happenned to me: the order got stuck at market price (I guess the moment the deposit came in), unsold, while the market went down. It eventually got sold one week later when the market came up again ... saddly Cryptsy never made the effort to answer to my support ticket about this (despite several "bumps").

Anyway **theoretically** that would be the way to make sure incoming deposit are traded when things are done automatically and innatended.
But my experience is this is not fully reliable (I've had others auto trade done right though), and since I've had no answer from Cryptsy I cannot tell much about why this...

Anyway, this means you are doing all trades from incoming alt coins at Cryptsy to BTC manually and then again make manual BTC withdrawal to your wallet before dispatching according to earned shares ?
Indeed this may end up being more reliable than automated tasks at Cryptsy (and less cost since Cryptsy charges for extra cost for auto sell), but this is quite an amount of manual work !
Are you doing this around the clock o_O or is it once/ afew times a day ?

Also, I've been mining the whole day since I got my beta ticket ;-)
There are quite a few rounds that got "dropped": well I can see I mine them, shares show up in dashboard, but no earnings end up being cashed out off the round (says N/A 0 BTC).
I've sent you some email about this anyway.

Also, don't forget to add SSL, that's a piece of cake compared to the whole lot coding you are doing ... but this is mandatory IMHO

Having said that, keep on going with this since you are building something different and nice looking BTW

Hi,

nice work.

I guess you guys are mostly (if not only) using Cryptsy for exchange.

In order to have a better view about cashing out in BTC (vs doing it on oneself): is that immediate and complete auto sell rate you use ?

Also, do you mean you are manually cashing out BTC from cryptsy?
Since there is a captcha for withdrawal  (unless you are using "special trick out there" ), this  would mean that BTC cashout doesn't hapen as soon as traded but once every manual conversion instead ? Or am I missing something ?

Thx

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Thanks!

I got contacted by the support at http://cin.minar.cc/
They've modified the web page output so that the transaction ID doesn't appear truncated anymore.

I could then check the transaction status on coins-e thanks to the ID.
Strangely enough, the transaction (that hadn't showed up for more than 3 days) appeared in a matter of seconds once the status was checked against the actual transaction ID.

Botom line, though support was not dead fast to answer, http://cin.minar.cc/ IS NOT a scam

Honestly with the difficulty litecoin reached by now I don't think it's anywhere near profitable with CPU.

I am new to this and say one month ago when I first intalled cgminer (without GPU on board ) to see what hapened, this looked like a joke.

And since then the difficulty has doubled.

With a low end GPU, you can still be on the edge of making very little profit vs power consumption, but definitelly I think you need a GPU for litecoin.

Having said that I think Ripple / XRP is a good solution as for CPU "mining" (well it's not actually mining but rather rewarding)
Don't expect becoming a millionnaire from it though but I find it to be a project that makes sense.

And when you think that Google amongst others has been funding the project, well, It can't be all bad of a project I guess.

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Thanks in advance!

Another way to make money of this all is to sell rigs I presume, or to offer mining contracts off your rigs, or to provides services like mining pool or even better a trading place.

In other words I think if you are on the right product (coin) at the right time window you can make money, but the more it gets known the harder it gets.

And then those who make most profit out of it are probably those who sell services or hadware around the crypto currency world.

Yes bitcoin wallet will takes hours to first synchronize and probably in the area you mention.

More on bandwith, size of the data to download to be synced here:
http://bitcoin.stackexchange.com/questions/3861/how-many-mb-of-data-does-my-bitcoin-client-have-to-download-to-be-fully-syncd

Technically yes, this is such an ingenious system.
But the drawback of its distributed unregulated nature is that you hardly can fix prices on goods with it since the value of the goods may be doubled or halved in a matter of days which seems to me as highly impractical for shopping (appart from some "geek" stores and  underground economy).
So to be the "way to pay" it has first to have a value that is somewhat connected to the real lworld IMO.
I am pretty sure something will come out from the cryptocurrency world that will be mainstream and usable as the way to pay, but again, as is, this is to me too much on the speculating side.

I find this all to be such an amazing concept.
However unless it is someday somewhat connected to the real life ( i.e. regulated to some extend ), I find it hard to believe it will end up being the currency/coin of tomorrow for everyone (at least as is).

How can you use it to buy actual goods on a regular basis if the value fluctuates in such a way that it does currently?

So at the moment this is "just" to me an intrument of speculation before it turns out to get mature  (which I have no idea in which actual shape).

Having said that, it is not mainstream yet so I believe it will go up for some time again, but I hardly believe it will reach $10000 as is.

OK, it seems that I am not allowed to mention directly an alternative site (link removed).
This is not advertising though.

So if you do some search by yourself you may find out there are alternative with at least better details of rounds / share / estimated earning ...

I see...

To be honest I haven't paid enough attention to the rates (appart from GDC which was obvious)

Thanks for the advice then.

Hi,

I've mined some CIN on http://cin.minar.cc/
I've had them sent out to coins-e but then nothing appears there (2 days ago).

The transaction appears confirmed on my dashbord but the transaction ID is truncated due to the table on the dashboard that only shows part of it (so no way to check it status on coins-e)

I sent a support ticket to http://cin.minar.cc/ but no reply.

I have a bad feeling...

Hoppefully, this is not a great amount (was just testing)

Anyone knows / have had experience with them ?
Is it a scam ?

thx

I you were mining GDC lately, this is very true, but they've posted a warning on the GDC dashboard (this is a bug discussed on the Github repo of their mining engine)

Other than this I quite like their approach and site (but nedd to watch out then)

Sure Linux is more solid.

Just one point: if you are mining with GPUs though, and want to tweak things like GPU voltage and such I think this comes to be harder on Linux than on Win since there are not as much utilities / drivers for this.

I was about to test middlecoin when I found  [Suspicious link removed]/

I am not saying the results will be greater by anyway (I can't compare), but at least I find it to have a more friendly interface

Also the fee is lower and you can choose either to withdraw in BTC or in the actual minned coins

FWIW

I am quite new to this as well, but FWIW, my advice would be:

- If you are asking how to get started from scratch, stay away from Bitcoin mining which requires dedicated hardware that may be obsolete by the time you receive it (unless you make really big investments but then it is not for newbie)
- I don't think buying cloud / mining contract is profitable either (why on earth would people sell these contracts if they could make more profit by using it themselves ? IMO opinion, most of them are trying to get ROI on their -obsolete- hardware investment this way)

So you are, imho, left with alt coins mining amongst which Litecoin is obviously the more well known (but probably not the most profitable). Most of these are base on a different algorithm (scrypt) which (as of today) is ASIC proof and can still be run on non dedicated hardware.
- You need a decent GPU for this. You can still have a go to it as a proof of concept with something like HD6870. But something more high end would be needed if you are serious about it (r9 280, r9 290 ...)
- If you are OK with command line cgminer is not very hard to use.
- You need a wallet for your currency of your choice (typically litecoin to start with)
- You will join a pool (mining solo except if you are running a big rig and / or mining a low difficulty coin is not an option IMO, especially as a starting point)
- So some example of putting things together can be watched here: http://www.youtube.com/watch?v=w4FFf_rO3Ho

Next possibilty is to mine some "CPU capable" coin, amongst which Ripple / XRP is quite an interesting concept. You share you CPU for good aims (like cancer research scientifixc calculation for instance), you'll be rewarde with some coins (XRP) at some point. more on this https://ripple.com/ Don't expect to get rich this way though (unless XRP comes out to be a good concept and starts rocketting ...)

hope this helps.