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post #4451 of 22310
@ivanlabrie Maybe in big red text you should just put that Bitcoin mining via GPU is a no go, right at the top of the OP. That would solve a few of those questions from here on out. Also congrats to gaining ownership of the thread biggrin.gif

Also is there some sort of guide I can look at for solo mining? I think I will be switching from LTC, probably to FTC for a while. LTC difficulty is skyrocketing, even with my new miner coming in (4x 280x) It will be lucky to mine 1 LTC per day, probably closer to .5/day by the end of the month going by current difficulty trend. I bought those just in time as well... $320 each when I got them, there now up to $360 each on Newegg.

My loose plan at the moment is to try and get some nice holdings of the "next big thing" coins. Just grab a few 1,000 of some of these smaller alt coins, and then sit on them. But after I get that stash built, then I will come back and mine a single coin again, possibly moving away from LTC, to FTC and trade up or sit on it. Then some day if any of the smaller coins gain big traction I could have a large stash to sell, and it won't have taken ages to mine them. That seems to be the key to the "holding game", mine the weak coins early on to amasse a bunch, then wait and see. It gets prohibitive to jump into LTC mining even now, since difficulty is increasing so fast.

Or perhaps LTC will crash hard, difficulty may come back down a bit and I can resume building it up again. Hard to say what will happen, it seems fairly strong right now though. I don't know if it will fall below $20 again, at least for more than a few seconds/minutes or hours till it gets boosted back up.
post #4452 of 22310
Thread Starter 
I'd solo mine FTC personally, or other big block reward coins like WDC, depending on which has lower difficulty at any given time. At least if I had dual R9 290s or faster setups.

As for a guide, it's pretty straightforward, every coin thread has a solo mining guide at bitcointalk.org, the port changes depending on which coin you mine.

Procedure is as follows:

  • Download updated wallet, and let the blockchain sync
  • Close the wallet and create a file inside your coin's appdata/roaming/ folder called *insertcoinnamehere*.conf
  • Inside it you need to place the coin's solo mining port, an rpcuser and rpcpassword and maybe some addnodes for certain coins (look it up at btctalk), and don't forget the server=1 line
  • Then create a batch file (or conf) for cgminer including 127.0.0.1:rpcport as user (or the ip of the rig running the wallet server for multi rig solo mining...never tried but I guess it would work like that) and your rpcpassword as -p
  • Run cgminer and cross your fingers, you won't see any accepted shares unless you either hit an orphan block or a real one, maybe a reject.
post #4453 of 22310
Just got my card and already installed it. Going to see if I can run my 6870 as well when I mine.

Edit: Anybody know some settings for (atm) a stock 290?
Edited by Faint - 12/9/13 at 12:42pm
post #4454 of 22310
Quote:
Originally Posted by Faint View Post

Just got my card and already installed it. Going to see if I can run my 6870 as well when I mine.

Edit: Anybody know some settings for (atm) a stock 290?

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post #4455 of 22310
So how Many who is mining what?

I think most r playing with LTC im not a fan of LTC myself.

I would Mine at a multi pool before mining LTC or mine DGC or FTC.
    
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post #4456 of 22310
Does anyone follow Fair Pumps on Twitter? I just randomly came across this Twitter page and it seems pretty sweet. Are there any other Twitter's like this that would be good to follow?

Quote:
Originally Posted by ivanlabrie View Post

I'd solo mine FTC personally, or other big block reward coins like WDC, depending on which has lower difficulty at any given time. At least if I had dual R9 290s or faster setups.

As for a guide, it's pretty straightforward, every coin thread has a solo mining guide at bitcointalk.org, the port changes depending on which coin you mine.

Procedure is as follows:

  • Download updated wallet, and let the blockchain sync
  • Close the wallet and create a file inside your coin's appdata/roaming/ folder called *insertcoinnamehere*.conf
  • Inside it you need to place the coin's solo mining port, an rpcuser and rpcpassword and maybe some addnodes for certain coins (look it up at btctalk), and don't forget the server=1 line
  • Then create a batch file (or conf) for cgminer including 127.0.0.1:rpcport as user (or the ip of the rig running the wallet server for multi rig solo mining...never tried but I guess it would work like that) and your rpcpassword as -p
  • Run cgminer and cross your fingers, you won't see any accepted shares unless you either hit an orphan block or a real one, maybe a reject.

When using CGminer, BFminer, etc yield higher hash rates than using GUIminer? I'm really interested in using these programs as my 290x's are only yielding 800 hash rate if I'm lucky. I really need to get these cards to a constant 800 at the lowest. Also if i Solo mine FTC with three 290x's and I am actually getting the correct hash rates any estimations and how long it will take to successfully complete a block?

Edit: Is there anyway to create small pools for a few people to mine? Or does it make more sense to just solo mine or use large pools?

Edit 2: Anyone see that Biostar announced they are releasing two "Bitcoin Mining" motherboards?
Edited by RAFFY - 12/9/13 at 2:03pm
post #4457 of 22310
Quote:
Originally Posted by Hokies83 View Post

So how Many who is mining what?

I think most r playing with LTC im not a fan of LTC myself.

I would Mine at a multi pool before mining LTC or mine DGC or FTC.

I was going to try mining some more LTC until I hit at least 1 coin (already have .3 LTC that I got from my 6870).

I already have about 40 FTC from my 6870 as well.

Currently getting ~ 830Kh/s with my 290. Maybe I should hook my 6870 up and mine them together to get ~ 1Mh/s.
post #4458 of 22310
Quote:
Originally Posted by ivanlabrie View Post

I'd solo mine FTC personally, or other big block reward coins like WDC, depending on which has lower difficulty at any given time. At least if I had dual R9 290s or faster setups.

]

So you are saying that if you had lets says...12x7850, 6x290x, 1x7970, and 2x6950 you would solo mine ftc instead of in a pool?(currently using wemineftc)...cuz thats what I have!
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post #4459 of 22310
Quote:
Originally Posted by Faint View Post

I was going to try mining some more LTC until I hit at least 1 coin (already have .3 LTC that I got from my 6870).

I already have about 40 FTC from my 6870 as well.

Currently getting ~ 830Kh/s with my 290. Maybe I should hook my 6870 up and mine them together to get ~ 1Mh/s.

Yea i perfer the larger block rewards.
    
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post #4460 of 22310
http://www.ebay.com/itm/NEW-PCIe-Express-PCI-E-8x-to-x16-Flexible-Extender-Cable-Extension-w-Molex-/251281633555?pt=LH_DefaultDomain_0&hash=item3a818d7113#ht_3971wt_884

Is this a good item ? Or is it the type of thing that will burn my Mobo?
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