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[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 1591

post #15901 of 22312
Quote:
Originally Posted by GoLDii3 View Post

BTC is at 600 for almost a month or more,hope it bounces back to 800 atleast soon.

If it hits 800, I might sell whatever little BTC I have..
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post #15902 of 22312
Quote:
Originally Posted by fleetfeather View Post

not since PTS's primetime have things been so profitable as they are now thumb.gif
Any hint?
post #15903 of 22312
Quote:
Originally Posted by Roulette Run View Post

I don't see where ASIC miners are going to significantly change the equation, they don't mine any faster than GPU, they just use less electricity to do it. What happens if AMD or nVidia produces a card that can compete with the ASIC in power usage? They would however be able to mine coins that would be unprofitable for GPU's to mine and do it at a profit because of their lower power usage, but if I find a coin that is profitable to mine with my GPU's, it will still be profitable whether or not their are ASIC miners mining it too or not. In some situations, I with my GPU's would still have an advantage over ASIC miners in the fact that GPU's can hit a coin harder and faster than an ASIC can. In the case of a new coin launch, the GPU miners would have an advantage at the start. Profitable is profitable regardless of who else is mining it.

Simply because they centralise the network - look at what has happened with BTC. ASIC mining is scalable in ways GPU mining isn't. Satoshi had the idea of a truly decentralised currency, indeed the entire premise of any blockchain based currency is decentralised mining - without that, you have nothing.

A blockchain can protect as much money as it has hashrate for in the sense that it must be financially unattractive to attempt to 51% it (because the cost would outweight the reward). The main driver for a properly secure blockchain isn't actually absolute hashrate so much as it is decentralised hashrate, so that's why VTC is going to continue to be able to protect more and more value - not only do we resist ASICs, we also have managed to get the highest proportion of p2pool mining of any blockchain and still growing.
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post #15904 of 22312
Quote:
Originally Posted by battleaxe View Post

Quote:
Originally Posted by Alex132 View Post

PC stops responding, CMD spits out nothing, then it crashes saying cudaminer.exe has stopped responding.

Sounds like your virus protection is stopping it. I had one machine do this exact thing.

Yeah if my AV stops it it just comes out as "could not connect", so I disabled my AV before I run my miners tongue.gif
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post #15905 of 22312
Thread Starter 
Quote:
Originally Posted by Roulette Run View Post

I don't see where ASIC miners are going to significantly change the equation, they don't mine any faster than GPU, they just use less electricity to do it. What happens if AMD or nVidia produces a card that can compete with the ASIC in power usage? They would however be able to mine coins that would be unprofitable for GPU's to mine and do it at a profit because of their lower power usage, but if I find a coin that is profitable to mine with my GPU's, it will still be profitable whether or not their are ASIC miners mining it too or not. In some situations, I with my GPU's would still have an advantage over ASIC miners in the fact that GPU's can hit a coin harder and faster than an ASIC can. In the case of a new coin launch, the GPU miners would have an advantage at the start. Profitable is profitable regardless of who else is mining it.

Oh, really?

https://docs.google.com/spreadsheet/ccc?key=0Ap8Q0nxk-daxdDlaeFZ0TW5kbHNWWXZqWm9xYWJySFE&usp=drive_web#gid=0
Quote:
Originally Posted by mihco View Post

Any hint?

You need to mine alternate algorithm coins, watch for what's more profitable yourself. Only thing you need is the correct hardware for each coin, and knowledge about what hash rates to expect to calculate earnings. Took me days and days of reading and experimenting to know that stuff, head over to bitcointalk if you have some time and start experimenting with the different algorithms and coins on your hardware. That's the best tip I can give you.

"Give a man a fish and he feeds himself for a day, give a man a sword and he can chow down on the meaty marrow of evil!"

Yeah I quoted Minsc xD
post #15906 of 22312
I would be happy if there was some way to pay for knowledge like Ivan has. Just pay him to send me the best settings for my card. That would be great!
 
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Folding for coinz
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post #15907 of 22312
Quote:
Originally Posted by ivanlabrie View Post

Oh, really?

https://docs.google.com/spreadsheet/ccc?key=0Ap8Q0nxk-daxdDlaeFZ0TW5kbHNWWXZqWm9xYWJySFE&usp=drive_web#gid=0
You need to mine alternate algorithm coins, watch for what's more profitable yourself. Only thing you need is the correct hardware for each coin, and knowledge about what hash rates to expect to calculate earnings. Took me days and days of reading and experimenting to know that stuff, head over to bitcointalk if you have some time and start experimenting with the different algorithms and coins on your hardware. That's the best tip I can give you.

"Give a man a fish and he feeds himself for a day, give a man a sword and he can chow down on the meaty marrow of evil!"

Yeah I quoted Minsc xD
like the quote smile.gif

Ive done plenty of reading to know the basics about mining but there just isnt enough time to examine every single new coin, algo out there. Your info on settings for different mining software have been indispensable so far so +rep for that. Also for my little hoby mining (2x r9 270 + gtx770) the time doing extensive research doesnt really pay off. Aldo would be great to fully utilize my hardware into make some profit out of it....so every little hint helps me look in the right direction.
post #15908 of 22312
Guys I need a little help here. Is this fine for vertminer 0.5.3 on a 280x?

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post #15909 of 22312
Quote:
Originally Posted by mav2000 View Post

Guys I need a little help here. Is this fine for vertminer 0.5.3 on a 280x?


Should be able to do some more, i have a few and they are ranging from 300-330 (the once that have the monitor attached are doing 300.
post #15910 of 22312
Got it up to 330. Thanks..
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