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The Altcoin Thread

blade52x said:
Pool opens in a few hours. Price is already rising back to PoW mining week levels.
Click to expand...

I'm sitting on about 10k BC which I mined in about 24-48 hours and so far I'm really happy with the payoff from my day or two of mining. I'll definitely throw some hash at this pool and see if we can get enough BC to make it worthwhile.

The price going up is great for our current stash, but will make a pool like this harder because we'll get less for our hash. Will work out of BC keeps rising though.
 
It's baaack... (six slot mobo)

http://www.newegg.com/Product/Product.aspx?Item=N82E16813157471

now you can use that free shoprunner from yesterday

if you have a microcenter they might be slightly cheaper but I think they caught on and are full msrp

oh wow, check out this weirdness - asrock is now making pcie risers - but they use SATA cables!

http://www.newegg.com/Product/Product.aspx?Item=N82E16813998015

very strange approach

looks like it needs two sata cables and I would imagine crossing them would be very bad
 
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wow -- ASrock has a freaky approach.

So it's double the price, 3 times as many connections, and an infinitely higher chance of connecting your 600 dollar GPU the wrong way?

There is no shortage of USB risers or even regular ole' ribbon cable, who thought these were a good idea?
 
vortec4800 said:
I'm sitting on about 10k BC which I mined in about 24-48 hours and so far I'm really happy with the payoff from my day or two of mining. I'll definitely throw some hash at this pool and see if we can get enough BC to make it worthwhile.

The price going up is great for our current stash, but will make a pool like this harder because we'll get less for our hash. Will work out of BC keeps rising though.
Click to expand...

The pool itself doesn't make BC mining harder, no matter the hash rate. BC price rising will make it harder to mine. It's a win win scenario. If it's harder to mine, your BC is going up in price. If it drops in price, you'll mine more BC.

Front end is a bit bugged right now though. But it is a beta test.
 
blade52x said:
The pool itself doesn't make BC mining harder, no matter the hash rate. BC price rising will make it harder to mine. It's a win win scenario. If it's harder to mine, your BC is going up in price. If it drops in price, you'll mine more BC.

Front end is a bit bugged right now though. But it is a beta test.
Click to expand...

Yeah I didn't mean the pool itself would make it harder, just that if the price keeps going up it would be harder for the pool to generate more coins. Value would be the same though.

If we can catch a couple dumps at just the right time, this could be pretty big.
 
The pool operator is reporting over 1 GH/s on the backend. (Front end giving about 30% of backend rate). If true that means the pool will provide at least 5 BTC of buy support every day for BC (if everyone holds their BC). That's a lot more than I was expecting...
 
That BC is definitely rising. My 5000 order might just go through. That would be 1.5btc in a week of mining.
 
ep0x73 said:
Pretty much what I figured. Even if you stuffed 4 750ti's into a case for around 1,000 it's tiny compared to what some are pulling down.

I see in a pool quite a few doing over 12K KH/s, that's nuts.

You would need a rack system for such power or basically 12 290x's.

I've made a whopping $1.25 mining LTC for about 16 hours. Besides power and stressing the GPU almost 100% it does not seem worth the effort.
Click to expand...

It's still easy money with very little effort... If you get enough rigs together it keeps on growing but its not for everybody. that curretnly $1.25/day in LTC could quite possibly turn into $1k in a couple years so yeah I'm stashing some away for long term and if I can find a job I'll just cash out enough coins to pay my utilities and buy more cards all while just letting that stuff run as a possible retirement fund
 
Pitbully said:
If your still buying $600 GPU's your defiantly doing it wrong...:confused:
Click to expand...

Pretty much this -- the R9 270 and the 750Ti are the new golden childs in the mining world.

Sure, your density goes down, but so does the need for uber high power PSU's and the like. If I didn't have to buy a few other things this month for the house I'd buy up a few more 270's for a 4th mining rig.
 
is there someone who already using gridseed?
i want to hear more information about that
should i install driver on windwos (linux)?
mining with cgminer? or only work with cpuminer?
what you guys think about current price and hashrate of gridseed
 
erasure said:
is there someone who already using gridseed?
i want to hear more information about that
should i install driver on windwos (linux)?
mining with cgminer? or only work with cpuminer?
what you guys think about current price and hashrate of gridseed
Click to expand...

I don't know of anyone that regularly posts here that uses them. I hear of them quite a lot on bitcointalk though, in the altcoin section.
 
ep0x73 said:
I've made a whopping $1.25 mining LTC for about 16 hours. Besides power and stressing the GPU almost 100% it does not seem worth the effort.
Click to expand...

Just need to up your game buddy. Actually doesn't take much effort to scale up quickly. Large (depends on your definition) up front cost, but it snow balls income after that.
 
bcmultipool has over 1 GH/s right now, and the pool operator plans to add options to mine scrypt (GPU), qrk algo (CPU), shad256 (ASICS). Right now the pool dumps 5-10 BTC every day into the BC market, pressuring its price up. Once the other algos get added, who knows just how much buy pressure this multipool can create. It's a self pumping coin supported by the investors and miners by taking value out of other coin and putting it into BC.

It's about to touch 4000 satoshi, and maybe even pass DOGE for #3 trading volume today.
 
erasure said:
is there someone who already using gridseed?
i want to hear more information about that
should i install driver on windwos (linux)?
mining with cgminer? or only work with cpuminer?
what you guys think about current price and hashrate of gridseed
Click to expand...

I'll start a thread later about the Gridseed's as we don't have one yet. If anybody has questions about them in the meantime feel free to PM me, I have quite a few of them hashing right now.
 
Blast... was busy with other trades and forgot about my BC... missed out on the spike. I notice it hit 5400+ on Poloniex too. Oh well.. maybe next time.
 
Carbon_Rod said:
Grats... it passed 5200 Satoshi on Cryptorush.in. I guess I should sell mine off too... I don't have quite as much as you, but yes, it's a good payout.

EDIT: 5300 on Poloniex.
Click to expand...

I had mine on mintpal, it hit 4890 so my sale didn't go through :(

I guess I will hold it to the next spike.
 
Gonna be putting Gridseeds on my extra USB ports in my farm rigs. This may get interesting. Got room for 28 of em.

I am having dreams of Asrock btc mining boards stuffed full of pcie USB riser cards loaded up with Gridseeds. Get a whole bunch of these, load up each board with 5....

30 Gridseeds @ ~350khs each.. each rig would do ~11mhs @ 180w.

Oh man. Good thing my tax return is coming in!
 
atp1916 said:
Gonna be putting Gridseeds on my extra USB ports in my farm rigs. This may get interesting. Got room for 28 of em.

I am having dreams of Asrock btc mining boards stuffed full of pcie USB riser cards loaded up with Gridseeds.
Click to expand...

You can daisy chain USB hubs up to 250 ports or so.

They even make 32 and 48 port hubs, you don't need an asrock mobo.

In fact you can run gridseed usb off a netbook if you wanted.
 
Would those hubs be able to pull enough power to each gridseed? Need to do some research on how the btc asic boys did their USB mining setups.
 
Not arguing about the power savings at all. Definitely a plus.
Was just wondering out loud how good a price you might be seeing.
My biggest concern would be the limited use these have after mining usefulness is up.
Paper weight maybe or recycle the copper... :)
 
Remember that this is only the beginning of the scrypt asics. When the 2nd wave hits I have a feeling the roi is going to be much more attractive.
 
Anyone here interested in some BTCe vouchers to get some money onto there? I have to pay some electricity bills. $1000 max, 1:1 ratio, payable via WU (has to be non-reversible method for this, sorry). My heat is in the signature.
 
so where do you guys get most of your up to date news for this stuff? Seems like once something new gets semi popular there is always a quick buck to be made.
 
I just read as much as I can in every forum or blog I find. It seems bitcointalk and litecointalk are ground zero for most big news but not all.
 
Is anyone here interested in helping me test out my DOGE mining BC paying P2P node?

For those interested, I will need a few testers for my BC paying mining node. I'm looking for no more than a few people, and no more than 2-3 MH/s per person. And preferably people scattered around the world as I am located in the south west USA, to get an idea of how dead hash rates may vary among user locations.

I just want to make sure the custom hash tracking I coded is working properly, and that miners are paid out appropriately. You will have a page that shows your hash rate, your doa rate %, your estimated BC/day income, and your total mined BC (based off pool mined coins, mined coin price, BC price, and % of coins that was contributed to by your hash). Below is an example what you would see from your end mining on this node (still have to add "mined total" up until next payout period).

(Image removed from this post on [H], next page)

From my initial testing among my own miners, it looks like it is working as intended. But I want to absolutely be sure this fail-over is working properly before having it support the main pool. I will post details in the IRC channel later, but feel free to send me a PM here if you are interested. I should have it ready to go tomorrow night (Tuesday, PST). If all looks good then the following 1-2 days later I can have it go public for anyone to use as a hold me over until Radio gets the main pool back up.
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Right now AFAIK there is no way to automate the exchange process, so I would have to do that manually. If the coin hits Cryptsy, then it may possible to automate the entire thing.
 
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