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post #8701 of 22337
Yes 3.8 is when CGminer stopped supporting GPU mining
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post #8702 of 22337
Quote:
Originally Posted by jagz View Post

I think every original BTC miner/trader has regret. I mined 1 BTC every 36-48 hrs back in the day. It plummeted to like $3 or worse (don't remember) and I bailed, sold all my Radeon's, sold #2 and #3 PC. Everyone has almost the same story though. I should of invested in Netflix when it opened at $11 a share. Shoulda Coulda Woulda.
Quote:
Originally Posted by Moragg View Post

I think once I've paid off hardware costs completely I'll move to "the mine and hold half" mentality. Some in BTC, some in LTC, maybe WDC and EAC too if it survives the next few months.

Yup, right here bud - I wanted my hard drive back but now I want to know how to recover keys from hard drives.

It's hard to tell, now that coins are proliferating, whether that initial bitcoin rise will be repeated - I rather think not, what may happen is something that just aggregates them, automatically, to simplify matters, and the agggregate is used, or personal individual currencies develop. Can you imagine living in a world with 7 billion currencies that you have to consider trading ? A cryptsy with 7 billion entries ?
Can't see that myself.
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post #8703 of 22337
Quote:
Originally Posted by RAFFY View Post

I will actually be keeping an eye out on this one. This may actually go some where but only time and research will tell.
Oh yeah I totally agree with you. I really don't think Nutcoin will be worth that much at all. But I am having a blast mining 3mil of them a day. It's just fun to watch the wallet grow and grow.

I know the feeling... and the more I think of the over 51% thing - it really shouldn't be much of an issue when a coin is this young and non-listed with what practically amounts to absolutely no value whatsoever - it's not like someone can forge/double-spend something that has no value (or more accurately there isn't an incentive to do so). Plus it's no different than a coin with a huge premine - OK it's actually better than that - it's just that the 'premine' is distributed to the early adopters - which seems fair to me.
Quote:
Originally Posted by blkdoutgsxr View Post

About 10 min ago I was like eh I'll switch over to Nut for a little bit... Pretty much been spamming F5 ever since just watching the Unconfirmed balance climb every 30 sec. LoL, the coin is addicting and it probably is not good for me.

That's the one aspect of massive-block-count-coins like this, DOGE, MOON, etc... even though they die on the vine much more often - in the end it is much more likely that a coin which comes close to eventual parity with either the dollar or the euro will wind up being actually used - as opposed to mostly being hoarded. Despite the fact that they are actually more valuable than $0.01/ea - no one bothers to hoard millions of pennies (or at least no one that isn't insane)... we all just treat them as a rounding error in our cash purchases and either dump them in a Coinstar when our bowl/jar at home gets full or leave them in the tray at the convenience store for someone else.

Plus I think in reality the psychological payoff of having millions of something (even if a sandwich costs 100K coins) is really appealing to many people - at least in comparison to paying .005 coin for that same sandwich, from your "massive" net worth of 25 coins or something along those lines. rolleyes.gif
post #8704 of 22337
Quote:
Originally Posted by selk22 View Post

Yes 3.8 is when CGminer stopped supporting GPU mining

that just makes them complete morons, i guessi h ave to hide a copy of 3.7.2 on my nas then.
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post #8705 of 22337
Quote:
Originally Posted by selk22 View Post

Yes 3.8 is when CGminer stopped supporting GPU mining

Ah conflicting info
Quote:
CGMiner 3.7.2 the last to support GPU and Scrypt Mining - don't get 3.8.0 (Read 72597 times)

https://litecointalk.org/index.php?topic=6925.0

And I agree with this post
Quote:
Lots of respect needs to be shown to Con Kolivas for his work up to this point
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post #8706 of 22337
Quote:
Originally Posted by dogbiscuit View Post

Ah conflicting info
And I agree with this post

What I mean is that yes 3.7.2 Is the last one to support the GPU scrypt mining and 3.8 was when they stopped. So yes hiding a copy of 3.7.2 never hurts thumb.gif

I dont think you will be hard pressed to find it online though.
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post #8707 of 22337
Quote:
Originally Posted by blkdoutgsxr View Post

About 10 min ago I was like eh I'll switch over to Nut for a little bit... Pretty much been spamming F5 ever since just watching the Unconfirmed balance climb every 30 sec. LoL, the coin is addicting and it probably is not good for me.

Lol its stupid funny. I just moved my Nut's from my old wallet which was corrupt (no clue how that happened) to my new wallet. In that time I earned another 50k
Quote:
Originally Posted by DiGiCiDAL View Post

I know the feeling... and the more I think of the over 51% thing - it really shouldn't be much of an issue when a coin is this young and non-listed with what practically amounts to absolutely no value whatsoever - it's not like someone can forge/double-spend something that has no value (or more accurately there isn't an incentive to do so). Plus it's no different than a coin with a huge premine - OK it's actually better than that - it's just that the 'premine' is distributed to the early adopters - which seems fair to me.
That's the one aspect of massive-block-count-coins like this, DOGE, MOON, etc... even though they die on the vine much more often - in the end it is much more likely that a coin which comes close to eventual parity with either the dollar or the euro will wind up being actually used - as opposed to mostly being hoarded. Despite the fact that they are actually more valuable than $0.01/ea - no one bothers to hoard millions of pennies (or at least no one that isn't insane)... we all just treat them as a rounding error in our cash purchases and either dump them in a Coinstar when our bowl/jar at home gets full or leave them in the tray at the convenience store for someone else.

Plus I think in reality the psychological payoff of having millions of something (even if a sandwich costs 100K coins) is really appealing to many people - at least in comparison to paying .005 coin for that same sandwich, from your "massive" net worth of 25 coins or something along those lines. rolleyes.gif

Yea that's how I'm looking at it too. But hell we could end up being wrong too. Right now CryptoPoolMining is pulling 70% of the network hash. But they are raising pool fee's to get people to leave. I think they'll have to hike the up to about 5% before people leave.
post #8708 of 22337
Quote:
Originally Posted by DiGiCiDAL View Post

That's the one aspect of massive-block-count-coins like this, DOGE, MOON, etc... even though they die on the vine much more often - in the end it is much more likely that a coin which comes close to eventual parity with either the dollar or the euro will wind up being actually used - as opposed to mostly being hoarded. Despite the fact that they are actually more valuable than $0.01/ea - no one bothers to hoard millions of pennies (or at least no one that isn't insane)... we all just treat them as a rounding error in our cash purchases and either dump them in a Coinstar when our bowl/jar at home gets full or leave them in the tray at the convenience store for someone else.

Plus I think in reality the psychological payoff of having millions of something (even if a sandwich costs 100K coins) is really appealing to many people - at least in comparison to paying .005 coin for that same sandwich, from your "massive" net worth of 25 coins or something along those lines. rolleyes.gif

DOGE, MOON and NUT all have large block payouts, but I think DOGE will stay in the long run because it started off as a joke coin which suddenly became a "fun" coin and grew a strong community. The community is its strongest part, people like giving each other coins a ton, starting projects with it and I think that helps its activity. It already has a disproportionately high transaction volume for its market cap. Over $1 million in DOGE was exchanged in a day which is like, over 2 billion coins at its current price? And I'm gonna look forward when the block reward cut in half mid-February.
post #8709 of 22337
Quote:
Originally Posted by ccRicers View Post

DOGE, MOON and NUT all have large block payouts, but I think DOGE will stay in the long run because it started off as a joke coin which suddenly became a "fun" coin and grew a strong community. The community is its strongest part, people like giving each other coins a ton, starting projects with it and I think that helps its activity. It already has a disproportionately high transaction volume for its market cap. Over $1 million in DOGE was exchanged in a day which is like, over 2 billion coins at its current price? And I'm gonna look forward when the block reward cut in half mid-February.

Yep, I had planned to dump all of mine as soon as it went back to ~50 on the exchanges - but now I'm holding until at least the cut, and possibly more. I can actually see it getting a spot on BTC-e in the next year (it certainly deserves to be there more than NVC does, and arguably at least as much as FTC does). If/when that happens there will be much more capital allocated - even though much of it will be purely for speculation - and that will further push the value up (if not practically, at least in it's BTC/DOGE pair value). biggrin.gif

I'm already sad that I sold off my first 500K - but at least I've been making some money on BTC the past few days... it's going to be really interesting what happens when the end of the month comes around... if the news from China isn't absolutely disastrous I'm predicting a 10-20% climb in BTC/LTC as well as any other large-cap-value coin... which amazingly enough DOGE is actually becoming to some extent. eek.gif
post #8710 of 22337
If anyone is interested you can backorder the ASRock H81 Pro BTC @ Newegg for $59.99. I placed a backorder and I will update you guys on how it goes.
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