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Showing 10 of 10 results by text12
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Topic
Board Pools (Altcoins)
Re: [ANN] The First Litecoin PPS Pool
by
text12
on 29/05/2013, 07:15:43 UTC
I noticed few people mining with insane speed like 140.000 kHs, can anyone share or suggest what they may use - is it some special equipment or just tens of computers with a lot of cards in each....
I'm wondering too. The (back of a napkin) math looks like this:
140,000 Khs / 650 Khs = 215 7950s or about 200 7970s.
So one of 3 things is going on.
1) It's a serious miner farm. At ~ 200 watts per 7950 he's drawing ~ 43,000 watts 0_0
2) Someone has made some custom hardware and kept remarkably quiet about it.
3) It's a bot net.
 
Post
Topic
Board Altcoin Discussion
Re: Who else is sick of these copy/paste alt coins and their constant releases?
by
text12
on 29/05/2013, 07:01:14 UTC
These alts perform the valuable service of keeping hash off of LTC and BTC. Otherwise LTC diff would be 1000 and pointless to mine for those who don't have parents to pay the bill.
+1
Post
Topic
Board Altcoin Discussion
Re: notroll.in
by
text12
on 16/05/2013, 08:12:33 UTC
There are a ton of other pools for LTC. After the controversy of this pool, why not move to another one? If he took money from people once, he will do it again if he needs to.

I can't believe so many people still mine there. I left right after the coin problem and never looked back, there are much better pools with better more active admins.

-edit

I read more of the thread, never mind. I hope you guys can get your coins out, be sure to report success so theirs can get theirs too.
Post
Topic
Board Altcoin Discussion
Re: When ASICS are released..
by
text12
on 09/05/2013, 07:46:42 UTC
Think this post is a few weeks late
My wallet agrees
Post
Topic
Board Off-topic
Re: Let's Count to 21 Million with Images
by
text12
on 03/05/2013, 07:25:42 UTC
Post
Topic
Board Beginners & Help
Re: Hello Everyone
by
text12
on 03/05/2013, 07:22:56 UTC
I'd be better with btc @ 130 and ltc @ 4.80 but atleast I have my health!
Post
Topic
Board Beginners & Help
Re: If you haven't bought in yet...
by
text12
on 03/05/2013, 07:21:40 UTC
I hope you are right. I mine ltc so this last week has been very bad for the bottom line. Only good news so far is a difficulty reduction on the horizon.
Post
Topic
Board Beginners & Help
Re: If you haven't bought in yet...
by
text12
on 03/05/2013, 07:14:55 UTC
I have a feeling we haven't seen the bottom of this. Like it or not news coming out of gox is a factor in the price and it hasn't been good recently...
Post
Topic
Board Beginners & Help
Re: How I got my first 300 xrp
by
text12
on 15/04/2013, 10:06:12 UTC

Hello,

Kindly send me 300 XRP too.

I'll return you as soon as possible.

rw8YVAJQetcEqgP5Z7EtfCDFvCc87Db5ip

Thanks in advance.

I did.
I cannot afford sending to more people for now.
Until I get some back Smiley
rG131kWmej2huHs74Qaz4wV99dCeavo8ph

So, very brave of you.
Post
Topic
Board Beginners & Help
Re: Why bother?
by
text12
on 15/04/2013, 10:04:19 UTC
You're about a year too late for the GPU phase of bitcoin. The creators forsaw the rasie of asic and thats the era we now live in. You could try one of the Alt coins, but all the big time gpu miners are moving over now and pushing the small guys out.