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[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 1251

post #12501 of 22315
Quote:
Originally Posted by inedenimadam View Post

quick question about middlecoin. I see " Statum from pool 0 detected new block" or "requested work restart" more than I see any accepted shares. Is this normal?
yes it is normal, middlecoin's share diff is pretty high at 1024, so you get more work done less often, in the end it evens out
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post #12502 of 22315
Quote:
Originally Posted by dealio View Post

Quote:
Originally Posted by inedenimadam View Post

quick question about middlecoin. I see " Statum from pool 0 detected new block" or "requested work restart" more than I see any accepted shares. Is this normal?
yes it is normal, middlecoin's share diff is pretty high at 1024, so you get more work done less often, in the end it evens out

Thanks for the heads up. I think mining all of these alts is starting to make my head hurt, along with having 349587230 different wallets. I am not a market guy...so I think I am going to sell out all the alts (except NUT) and just mine middle if it works out well.
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post #12503 of 22315
Quote:
Originally Posted by Redvineal View Post

Actually, since you have the Bitcoin wallet set up, you already have a Bitcoin address. That, and a few other mining settings in a simple mining application are all you need to get started with Middlecoin. Remember, Middlecoin will have you mine many altcoins (DOGE, EAC, WDC, and the list goes on), but at the end of the day it's all converted to BTC and paid to your Bitcoin address.


so at least im going in the right direction lol
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post #12504 of 22315
what is a good yac pool anyone?
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post #12505 of 22315
is there a calculator that i can use that will tell me in pounds instead of dollers?

only ones i can find are in dollers

thanks
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post #12506 of 22315
lesser than three my dad....
i ask him to get a wood bench made for me, and he instead gets an aluminum one done...
pics to soon follow, he brought it home today so i could mark the holes and get some final adjustments done smile.gif
 
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post #12507 of 22315
Quote:
Originally Posted by gibby1690 View Post

is there a calculator that i can use that will tell me in pounds instead of dollers?

only ones i can find are in dollers

thanks

Your best bet is to mine for day or two, then check out the following link to see where your balance stands. Just fill the placeholders for your address and currency code.

http://www.bfpcoin.com/middle-coin-web.php?w=[YOUR BITCOIN ADDRESS]&c=[YOUR LOCAL CURRENCY CODE]

Then find a reliable way to measure (or estimate) the wattage draw of your entire machine while mining.

Once you have a balance, and know your wattage, you can calculate profit using (balance - (watts / 1000 * mining hours * local kWh rate)).

For example, my rig uses ~625W while mining, and my local kWh rate is $0.075 USD. Let's say I accumulate ~$16 USD / day while mining. My formula would be:

($16 - (625W / 1000 * 24 hours * $0.075)) = $16 - $1.13 = $14.87 profit

Worst case you spend a little extra on electricity to determine that it's not profitable in your area.
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post #12508 of 22315
Quote:
Originally Posted by Redvineal View Post

Your best bet is to mine for day or two, then check out the following link to see where your balance stands. Just fill the placeholders for your address and currency code.

http://www.bfpcoin.com/middle-coin-web.php?w=[YOUR BITCOIN ADDRESS]&c=[YOUR LOCAL CURRENCY CODE]

Then find a reliable way to measure (or estimate) the wattage draw of your entire machine while mining.

Once you have a balance, and know your wattage, you can calculate profit using (balance - (watts / 1000 * mining hours * local kWh rate)).

For example, my rig uses ~625W while mining, and my local kWh rate is $0.075 USD. Let's say I accumulate ~$16 USD / day while mining. My formula would be:

($16 - (625W / 1000 * 24 hours * $0.075)) = $16 - $1.13 = $14.87 profit

Worst case you spend a little extra on electricity to determine that it's not profitable in your area.

ive got this far lol, just general info im looking for at the moment but stuck at finding out the price per hour

Capture.PNG 27k .PNG file


i used your .75 as a marker and got this from a site

Capture2.PNG 52k .PNG file

so assumming that was correct that would mean id pay less than £3 a month to run?

although when i put these stats into a calculator it comes back as a loss

am i doing this wrong or is it just going to be a waist untill i can get another card?

Capture3.PNG 65k .PNG file
Edited by gibby1690 - 2/12/14 at 2:01pm
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post #12509 of 22315
Some coins are less memory intensive (and gpu intensive) to mine due to leaner algorithms (shorter words, smaller arrays etc) so will use less power.
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post #12510 of 22315
What do you guys think of the new avatar? Curtsey of derickwm!
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