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Showing 20 of 40 results by minerman121
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Topic
Board Service Announcements (Altcoins)
Re: My Crypto Stats - Crypto Currency Dashboard
by
minerman121
on 03/03/2018, 02:28:47 UTC
Can we get Hashvault added ot the stats list? The pool carries a lot of hashrate - it's nt a small pool.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For High-Confidential Transactions 🔏
by
minerman121
on 07/10/2017, 08:28:15 UTC
SIGH

Is there any other way to hash this coin without using XMR-STAK-AMD?

Sgminer is where I get my best performance and hashing on XMR STAK gives me a hashrate discount. Please tell me someone has managed to use Sgminer on this.

You need to use sgminer-gm https://github.com/genesismining/sgminer-gm/releases

Code:
sgminer -k cryptonight -o stratum+tcp://mine.sumo.fairpool.xyz:5555 -u .+ -p x

Or use Fairpool command line generator at https://sumo.fairpool.xyz

TY TY TY TY TY TY TY TY
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For High-Confidential Transactions 🔏
by
minerman121
on 06/10/2017, 19:09:41 UTC
SIGH

Is there any other way to hash this coin without using XMR-STAK-AMD?

Sgminer is where I get my best performance and hashing on XMR STAK gives me a hashrate discount. Please tell me someone has managed to use Sgminer on this.
Post
Topic
Board Mining (Altcoins)
Re: Announcing Pandaminer OS
by
minerman121
on 31/08/2017, 14:41:45 UTC
ElioVP has not logged in, in a long time. I just received a Panda b3+ today and I really need the PandaOS plus rom for the unit.

I am unsure where to buy it. Anyone got any info?
Post
Topic
Board Mining (Altcoins)
Re: Staking/Minting/Forging/Loaning/etc requirements compare to mining.
by
minerman121
on 05/07/2017, 17:39:56 UTC
I know there are specific requirements for mining.

But what about staking through wallet? I know that I need 24/h internet open to "win" a blockchain fee.

But what about the rest of the hardware? the better hw/computer I have, the better chances I got? or is that meaningless.

Meaningless... Essentially your wallet needs to be open 24/7, with an existing balance in the wallet, up to the amount specified for Staking or Masternode. You would then earn Coins just for having coins on the network. I warn you though, it is significantly low coin generation. Mining on the other hand...
Post
Topic
Board Mining (Altcoins)
Claymore MUSICOIN mining - Possible to use MUSIC as the devfee?
by
minerman121
on 05/07/2017, 17:23:26 UTC
I tried posting this in the Claymore thread but was outshone due to it being a heavily active thread, and for good reason.

I wanted to know if it was at all possible to mine MUSIC and have MUSIC accepted as the Devfee. For example, -allcoins EXP would have the devfee accepted in Expanse. Possible with music in v9.6?
Post
Topic
Board Mining (Altcoins)
Re: Claymore's Dual Ethereum AMD+NVIDIA GPU Miner v9.6 (Windows/Linux)
by
minerman121
on 26/06/2017, 13:26:26 UTC
Is there any way to mine Musicoin without having the DAG recreated?
Post
Topic
Board Mining (Altcoins)
Re: Windows ETH Miner all cards disabled "error 43"
by
minerman121
on 17/05/2017, 13:25:23 UTC
check to make sure you have set at least 32000 virtual memory. This error sounds familiar to something I experienced where some cards ran , the others disabled. It could be a ram stick that died but regardless of that, check to make sure you have sufficient virtual memory.
Post
Topic
Board Altcoin Discussion
Re: Why i prefer POW over POS
by
minerman121
on 16/05/2017, 11:22:46 UTC
How can it take it from someone when the rewards are in the form of the coin itself not yet in existence because as well as security, it is also the distribution method?

I am telling you that from an algorithmic point of view, maybe PoS might be interesting, workable. But socially and economically, it does not work. Satoshi had a point.
Post
Topic
Board Altcoin Discussion
Re: Why i prefer POW over POS
by
minerman121
on 16/05/2017, 11:14:08 UTC
Years of Monero, Groestl, Skein... Where's the chips?

Fortunately its just shitcoins and won't become anything. So no, we don't see chips.


Oh yeah, Monero is a shitcoin but PIVX isn't... LOL

Groestl and Skein are algorithms, I said Monero but means to say Cryptonite. Do you know why no ASICs actually exist for it? Because they will be more expensive! It's a memory intensive algorithm. Strawman arguments.



Strawman is to praise a coin because there are no chips today. Something that can change any moment.
I know Groestl and Skein are algorithms, but it's for mining shitcoins.

So I should dust of some PoW shitcoin and use it as an example of bad Pow too?
I never praised PIVX. This is a general discussion of PoW vs PoS.


Oh please. My arguments are more to do with PoW offering incentive for new people to jump in and secure a network. It's about the coin having community support that goes beyond a bunch of cheerleading. It;s about longevity. PoS cannot provide that. ETH can, because they enjoyed a long life of PoW mining, intrinsic ledger value and popularity.
Post
Topic
Board Altcoin Discussion
Re: Why i prefer POW over POS
by
minerman121
on 16/05/2017, 10:52:42 UTC
Years of Monero, Groestl, Skein... Where's the chips?

Fortunately its just shitcoins and won't become anything. So no, we don't see chips.


Oh yeah, Monero is a shitcoin but PIVX isn't... LOL

Groestl and Skein are algorithms, I said Monero but means to say Cryptonite. Do you know why no ASICs actually exist for it? Because they will be more expensive! It's a memory intensive algorithm. Strawman arguments.

Post
Topic
Board Altcoin Discussion
Re: Why i prefer POW over POS
by
minerman121
on 16/05/2017, 10:35:24 UTC
Nowadays, to be successfull in PoW mining you have to be priviliged in several ways:

- have access to 'free' (usually means stolen) energy
- live in a country with low-taxed offshore deliveries or got ASIC manufacturer in your neighbourhood
- win in 'pre-order' gambling game

To get in PoS minting you just have to purchase BTC. Of course you have to deal with market swings, but nobody says that crypto-business is risk-free.
Early adopters of PoS cryptos had their chance to dump their coins when price went up for the first period of time, or patiently wait and risk. It's the same as dealing with any other algo new released currencies.

So IMO this is the point:
The only reason why someone prefers POW is that he bought expensive mining hardware and his ROI is dropping to nowhere.



Yeah suggesting everyone can get in on mining is crazy, just look at bitcoin mining anyone without those preconditions you just mentioned will lose money instead of earning money. It's definitely still the privileged few that can take part in PoW, the only difference being that the privileged few are a different group under PoW than under PoS.

For me the deal breaker is the fact that PoW will waste huge resources if the marketcap of bitcoin or any other PoW coin gets in the hundreds of billions, to the point where the majority of worldwide energy consumption would soon go towards mining.


edit: only just noticed it's an old resurrected thread, though the discussion of PoW vs PoS gets more relevant by the day due to the electricity usage done on PoW

This is the dumbest thing I've ever heard. So you are comparing bitcoins ASIC driven network to Altcoins with memory intensive algorithms? Oh please. I prefer PoW because I know that the distribution method and security works. I know that I can work with that coin to generate a profit based on my efforts and investment. And the resources are the deal breaker? Oh please, you are sure it isn;t because you realized you could stake a coin and make money as an early adopter without any effort? Come on now...

Privileged few - what utter garbage. The cries of someone who wants something from nothing, which is exactly what PoS is. Can you explain why I turn a profit enough to sustain myself with GPUs and 0.28kWH electricity prices?

Edit: decentralization; you need individuals to work it. If there is no reward, why bother with the risk? Ideology alone won't fuel the network. Wake up to yourself.

Also to the guy who mentioned Ripple; poor example. Ripple is a bridge currency aimed at the baking sector. It provides liquidity to low liquidity pairs, with a faster and more efficient transfer system. Show me one PoS currency, that isn't a god damn Token, that is working. It has to start out as a PoS currency, and not derive itself off the backs of PoW miners giving the ledger intrinsic value ie. ETH.
Post
Topic
Board Altcoin Discussion
Re: Why i prefer POW over POS
by
minerman121
on 16/05/2017, 10:31:01 UTC
Years of Monero, Groestl, Skein... Where's the chips?
Post
Topic
Board Altcoin Discussion
Re: Why i prefer POW over POS
by
minerman121
on 16/05/2017, 10:21:07 UTC
POS on the other hand favours early adopters. People who come late to the show have a serious disadvantage.


HAHAHAHAHAHAHAHA you must be kidding.

A man payed 10000 BTC for a pizza once.

POW favoured early adopters too... Even more extremely. Nothing can even compare.


Yes, ok. And throughout the course of said coin activity, it still provided adequate rewards to secure the network and invest in it.

Yes, a man payed 10000BTC for a pizza once, fine, fair enough. However throughout the existence of the coin, it could still be mined. And at the very least, it did not require 150K to make less than 1% monthly return. The reward stayed consistent with the network difficulty.

This argument is not because early adopters made more than late ones, this argument is about providing adequate incentive for investing in a network and securing them voluntarily. Why would any idiot in their right mind decide $1400 monthly return was worth the staking of $150K. Where is the incentive and the balance in the Risk/reward there in PIVX? It's an absolute joke.

And to the people saying they needed "specialised hardware" are just ignorant to the entire game. GPUs are not specialised hardware, and I have made a lot more in PoW than I can possibly in investing in staking in a coin that already took a price jump. NEM, PIVX, CROWN; it's all the same shit. The reward is crap, the network needs the stakers, so only early adopters see a proper return as per their stake and risk. You can't lie about the figures. $150K can earn you a lot more with other investment vehicles. I think the PIVX devs are dreaming.

Post
Topic
Board Altcoin Discussion
Re: Why i prefer POW over POS
by
minerman121
on 16/05/2017, 06:08:55 UTC
The OP here is right. Sorry to resurrect this thread but I have been grappling with this for quite some time. what brought me to post, and what angered me the most, was PIVX and the multitude of early adopters who, got in early, took a price rise, and now enjoying staking benefits. Let me tell you why I am annoyed. I will say that I am an investor of sorts; I have a nice array of GPUs that mine for me daily and enjoy excellent rewards, even with the high cost of electricity in my locality.

1. Early adopters are the only winners in POS coins.

- With PIVX, the early adopters took enough coins to stake and to hit up the master nodes. So they now enjoy excellent rewards at an entry point that reduced their risk. If you open the PIVX staking calculator now, you will notice a VERY startling fact, both for investors and the future security of the coin. This was before halving; A stake equivalent of $150,000USD would earn approximately $1400USD per month in equivalent PIVX. There is no investor alive stupid enough to dump that sort of scratch into such a high risk project and earn such crappy interest.

2. If the entry gate is too hard to squeeze through and there is no incentive to stake because of the fact listed above, who will secure the network in the future when early adopters profit take?

- I have no idea who will. There is no investor alive that would agree to such a proposition. You might earn less in capital appreciation of a piece of land or property, but the backing is tied in the land and the bricks. Not a new digital currency.

3. Your coins are hostage for residual income and/or ROI.

- Says it all. Artificial price boosting by forcing coins to remain on the network, does not good investment make.The big bad wolf of downward mining pressure is always seen as a bad thing, but it is an honest account of liquidity.

4. Scream all you want, there is NOTHING AT STAKE.

- Called a fruitless argument, though there is still merit to it. In almost all capital mediums on Earth in our modern economy, there is value added to the ledger itself through other means. I build you a table, I put work into building it. The Table has inherent value. I mine a coin at a certain cost, the coin has inherent value as it was an equal exchange of real world resources. Essentially your investment into PIVX was no more than investing in a Zero Value line in a database.

Bleeding hearts, bleeding hearts; electricity is a worry? When the coin reaches a huge marketcap the electricity use becomes the most efficient and the hashing power becomes the most secure than any other system in existence today.

Bit of a flame; may cry babies get upset because they are unable to earn mining equivalent rewards because they do not want to fork out the EFFORT and MONEY to buy equipment. Instead they want rewards at no effort, which is only really achieved in hitting up and gambling on an ICO. After prices rise, the rewards become crap for new investors. Wake up to yourselves.
Post
Topic
Board Mining (Altcoins)
Re: Claymore's Dual Ethereum AMD+NVIDIA GPU Miner v9.3 (Windows/Linux)
by
minerman121
on 11/05/2017, 06:01:37 UTC
Why is the share rates on this miner so shit compared to other miners?

I am mining ethash with 26x RX470 - Constant New Jobs from the pool but in terms of share rate, the SGminer will provide 0.09 to 0.10 share rate, claymore providing 0.06.

Pool hashrate climbs to 730Mhash (Miner hashrate 712) with SGMiner, Claymore Miner only pulls 400mhash, 530mhas maximum.

DEVFEE has something to do with it as well. Just when you are about to climb in share submissions, DEVFEE kicks in. He claims that you only lose 2-3% of earnings with DEVFEE, however I beg to differ. I claim that using this miner, along with DEVFEE loses much more than 2-3%. Sometimes the miner can go minutes without submitting a share.

I will grant this miner on ETH is more stable than SG. But what's the point? I would rather tune down SG and get the higher submission rates than use Claymore on full blast with lower submission rates and in turn lower earnings.

What am I doing wrong here? Surely something is up, because the multitude of Claymore users out there SURELY cannot be dealing with lower submissions and lower earnings.

It;s like you have to be a scientists to mine on PoW. Its either one miner does not do a good job or the other has settings that you need to be a guru to work out. Why can't we just have a straight forward miner, that works.
Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Mining Pool Hub - Multipool. Multialgo, Auto Exchange to any coin.
by
minerman121
on 10/05/2017, 14:15:59 UTC
It's down again. whoever it is running this childish DdoS, seriously, go stick a rusty drawbridge in your ass. You low life piece of garbage I hope you get run over by a truck.
Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Mining Pool Hub - Multipool. Multialgo, Auto Exchange to any coin.
by
minerman121
on 10/05/2017, 13:23:51 UTC
I always thought Cloudflare protected the website not the pool. Yes i realise the site went down too but lol i had to post
Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Mining Pool Hub - Multipool. Multialgo, Auto Exchange to any coin.
by
minerman121
on 10/05/2017, 05:17:19 UTC
What is with this pool? I cannot hash on the DGB pool. It is constantly going down, I am losing money from the downtime, and all the other DGB pools do nothing but produce stale work and telling my Job's Not Found when I try to submit a share. I am throwing 1010Mhash at the coin and this downtime is killing me.

Post
Topic
Board Pools (Altcoins)
Re: The Blocks Factory - Multicoin pool
by
minerman121
on 10/05/2017, 05:11:06 UTC
What kind of joke is this? It's not funny.

I am hashing on TBF on DGB Groestl and there is a constant "Job Not Found" error. Why is it we are submitting so many invalid shares for this damn coin on these pools? there is no answer, no advice, no fix... You cannot contact Admins.

This is why PoW is failing. Not to mention the constant DDoSing of pools.