Topic: 3,5MHs @ scrypt (GPU) - advice needed (Read 1132 times)
Do not mine scrypt.
I rent an office space with electricity included, so its kind of "free" kind of because we have certain limit of usage which is ok right now.
As of diff algorithms, im doing scrypt because i would like to see in real life how profitable it is before i would jump on to ASIC, was kind of thinking 3,5MHs would be enough to see some movement... perhaps i was wrong.
As of diff algorithms, im doing scrypt because i would like to see in real life how profitable it is before i would jump on to ASIC, was kind of thinking 3,5MHs would be enough to see some movement... perhaps i was wrong.
Mining Scrypt with GPUs and comparing it with Asics is like comparing apples with oranges. Scrypt mining on GPU has been dead for months and 100MH/s of Asics consume power comparabe to that of 2-3 GPUs. You should better mine newer algos like neoscrypt or x13 etc.
You can calculate by yourself here: http://www.coinwarz.com/cryptocurrency/?sha256hr=1360.00&sha256p=1065.00&sha256pc=0.1000&sha256c=false&scrypthr=3500&scryptp=1500.00&scryptpc=0.1000&scryptc=true&scryptnhr=875.00&scryptnp=420.00&scryptnpc=0.1000&scryptnc=false&x11hr=13500.00&x11p=600.00&x11pc=0.1000&x11c=false&x13hr=9750.00&x13p=600.00&x13pc=0.1000&x13c=false&keccakhr=1260.00&keccakp=825.00&keccakpc=0.1000&keccakc=false&quarkhr=6300.00&quarkp=825.00&quarkpc=0.1000&quarkc=false&groestlhr=45.00&groestlp=825.00&groestlpc=0.1000&groestlc=false&jhahr=14000.00&jhap=350.00&jhapc=0.1000&jhac=false&blake256hr=6.40&blake256p=450.00&blake256pc=0.1000&blake256c=false&neoscrypthr=400.00&neoscryptp=400.00&neoscryptpc=0.1000&neoscryptc=false&e=Cryptsy
Currently (this won't last long) mining with 3.5Mhs the most profitable scrypt coin would get you less than 2$ per day, but second most profitable only 0.41$. Yup this are very bad times for GPU mining.
Currently (this won't last long) mining with 3.5Mhs the most profitable scrypt coin would get you less than 2$ per day, but second most profitable only 0.41$. Yup this are very bad times for GPU mining.
I rent an office space with electricity included, so its kind of "free" kind of because we have certain limit of usage which is ok right now.
As of diff algorithms, im doing scrypt because i would like to see in real life how profitable it is before i would jump on to ASIC, was kind of thinking 3,5MHs would be enough to see some movement... perhaps i was wrong.
As of diff algorithms, im doing scrypt because i would like to see in real life how profitable it is before i would jump on to ASIC, was kind of thinking 3,5MHs would be enough to see some movement... perhaps i was wrong.
When you have free power you can mine whatever you want and be profitable. If you do not have free power, do not mine Scrypt with GPU or CPU. Indeed as said it is better to mine a different algo.
You should not mine algorithms for which ASICs already exists (SHA 256, scrypt) with GPU or CPU. If you want to have some profit you should change to X13,X15, NeoScrypt, so "new" algorithms and especially scout for new coins and try to mine them at the beginning when they are new and sell them when come to market.
Hello,
I currently have total of 3,5MHs hashing power on combined hardware, various gpu's, cpu's etc and mine scrypt coins at multipool but i dont seem to get any usable result, if any at all. Using cgminer 3.7.2 for ATI's and cudaminer for Nvidia gpu's it has been about a week since i started multipool and mined balance, if converted to dollar value barely 5$ - is this normal?
Going through various threads and my mind is just blowing from all incoming data, so i decided to ask for advice.
Should i try different pool? (i dont think there is any problem with miners config...)
Thanx
Try a different algo...I currently have total of 3,5MHs hashing power on combined hardware, various gpu's, cpu's etc and mine scrypt coins at multipool but i dont seem to get any usable result, if any at all. Using cgminer 3.7.2 for ATI's and cudaminer for Nvidia gpu's it has been about a week since i started multipool and mined balance, if converted to dollar value barely 5$ - is this normal?
Going through various threads and my mind is just blowing from all incoming data, so i decided to ask for advice.
Should i try different pool? (i dont think there is any problem with miners config...)
Thanx
on ltcgear, 3.5MH/s cost around 10$... so you can imagine what you can get with that...
Hello,
I currently have total of 3,5MHs hashing power on combined hardware, various gpu's, cpu's etc and mine scrypt coins at multipool but i dont seem to get any usable result, if any at all. Using cgminer 3.7.2 for ATI's and cudaminer for Nvidia gpu's it has been about a week since i started multipool and mined balance, if converted to dollar value barely 5$ - is this normal?
Going through various threads and my mind is just blowing from all incoming data, so i decided to ask for advice.
Should i try different pool? (i dont think there is any problem with miners config...)
Thanx
I currently have total of 3,5MHs hashing power on combined hardware, various gpu's, cpu's etc and mine scrypt coins at multipool but i dont seem to get any usable result, if any at all. Using cgminer 3.7.2 for ATI's and cudaminer for Nvidia gpu's it has been about a week since i started multipool and mined balance, if converted to dollar value barely 5$ - is this normal?
Going through various threads and my mind is just blowing from all incoming data, so i decided to ask for advice.
Should i try different pool? (i dont think there is any problem with miners config...)
Thanx
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