[ANN] BETARIGS.COM - Cryptocurrency cloud mining - thousands of rigs available! - page 93.

ycsi

member

Activity: 84

Merit: 10

Quote from: fanepatent on February 15, 2014, 04:51:20 AM

Quote from: Forexperiments on February 15, 2014, 04:11:07 AM

I wonder if betarigs will destroy the altcoin market.
Price of an altcoin is determined by the demand: people that wants that altcoin would buy it with BTC, raising its value. Instead now there's more people that's simply mining that altcoin, with less people buying it.

That won't be the case. The trading will still continue. All thats going to change is the initial value of new altcoins.
People will still sell and buy altcoins for BTC.

True. Eventually all alt coins are sold for BTC (and then for fiat).

As far as betarigs influence, well, the hashing power of all these rigs is out there, with or without betarigs. This is just a marketplace where rig owners list their hardware instead of mining themselves.

fanepatent

full member

Activity: 224

Merit: 100

Quote from: Forexperiments on February 15, 2014, 04:11:07 AM

I wonder if betarigs will destroy the altcoin market.
Price of an altcoin is determined by the demand: people that wants that altcoin would buy it with BTC, raising its value. Instead now there's more people that's simply mining that altcoin, with less people buying it.

That won't be the case. The trading will still continue. All thats going to change is the initial value of new altcoins.
People will still sell and buy altcoins for BTC.

Forexperiments

sr. member

Activity: 259

Merit: 250

I wonder if betarigs will destroy the altcoin market.
Price of an altcoin is determined by the demand: people that wants that altcoin would buy it with BTC, raising its value. Instead now there's more people that's simply mining that altcoin, with less people buying it.

fanepatent

full member

Activity: 224

Merit: 100

I just don't get it. To rent my rig for Keccak I need to point my miner to betarigs scrypt proxy? cgminer acts funny...

EDIT: I figured it out. Switched to Windows with the keccak miner and it started working.

ycsi

member

Activity: 84

Merit: 10

I don't understand keccak rig owners - since you already know which coin is most profitable (maxcoin), why don't you use your rigs and mine the maxcoin directly?

With scrypt coins, things are different. There are many profitable coins of the day, and hopefully renters are using our hashing power to make the profit mining the right one. I, as a rig operator, have no clue which scrypt coin to chase...

dgross0818

full member

Activity: 308

Merit: 146

Yes, rigs will use a little less energy (probably 10-15% less), however, this is mostly due to the GPU just not being as fully utilized. We don't yet have configs for many GPUs that fully tax them to 99 or 100%. I got my 280x's to 99% after a little work, however, can't get my 270x's much beyond 96%. They do run cooler, which is nice :]

MrBobC

member

Activity: 110

Merit: 10

Actually, I did some research and now I have one of my rigs mining Maxcoin at the 1gh pool. Scrypt mining was 1.76Mh, Keccak mining is at 752Mh. My original estimate was that you halve your Scrypt rate and multiply by 1000, so I thought I would get 880Mh. Is there any tweaking to be done for Keccak? The only thing I have is intensity d and powertune 20. These are R9 270 GPUs. I'm liking the low heat output. Does that also imply then I'm using less electricity? They're hooked up on 220v so I can't use a kill-a-watt.

SheepOnDrugs

member

Activity: 112

Merit: 10

PM me with a link and I'll take a look. Maybe I can help you.

MrBobC

member

Activity: 110

Merit: 10

I don't know how. If somebody knew of one that was already compiled, I was looking for that. Otherwise, I will of course have to learn how to do that.

SheepOnDrugs

member

Activity: 112

Merit: 10

Why not compile it yourself?

MrBobC

member

Activity: 110

Merit: 10

Quote from: ycsi on February 14, 2014, 05:57:14 PM

So, basically, you guys want us to show you how to make more money? Tongue

Of course! Tongue

Well, I use BAMT 1.3 and almost all the rigs. If I had windows, my understanding is that the Windows-based cgminer for Keccak is already compiled but Linux isn't, unless someone knows where I might find such a thing?

dgross0818

full member

Activity: 308

Merit: 146

Quote from: ycsi on February 14, 2014, 05:57:14 PM

Quote from: fanepatent on February 14, 2014, 04:23:32 PM

Quote from: MrBobC on February 14, 2014, 02:50:07 PM

Given the increased rental rate for Keccak rigs, I am considering converting my 51Mh scrypt farm to a ~25Gh Keccak farm. 25Gh is over 50% of what is currently rented or available. One question though: what does it take to convert to Keccak?

I also made tests with Keccak. Set up a rig on Betarigs, but it shows as ofline.
Also, how do I connect to the betarigs pool? The example is for scrypt. Do i use the same address and user but with keccak instead?

Thanks

So, basically, you guys want us to show you how to make more money? Tongue

Don't forget the part where we show them and then they undercut us Tongue

But seriously, the config should be the same for the betarigs pool... the biggest mistake most people make is to use their normal miner when that won't work (and thus Betarigs will see it as offline)

ycsi

member

Activity: 84

Merit: 10

Quote from: fanepatent on February 14, 2014, 04:23:32 PM

Quote from: MrBobC on February 14, 2014, 02:50:07 PM

Given the increased rental rate for Keccak rigs, I am considering converting my 51Mh scrypt farm to a ~25Gh Keccak farm. 25Gh is over 50% of what is currently rented or available. One question though: what does it take to convert to Keccak?

I also made tests with Keccak. Set up a rig on Betarigs, but it shows as ofline.
Also, how do I connect to the betarigs pool? The example is for scrypt. Do i use the same address and user but with keccak instead?

Thanks

So, basically, you guys want us to show you how to make more money? Tongue

fanepatent

full member

Activity: 224

Merit: 100

Quote from: MrBobC on February 14, 2014, 02:50:07 PM

Given the increased rental rate for Keccak rigs, I am considering converting my 51Mh scrypt farm to a ~25Gh Keccak farm. 25Gh is over 50% of what is currently rented or available. One question though: what does it take to convert to Keccak?

I also made tests with Keccak. Set up a rig on Betarigs, but it shows as ofline.
Also, how do I connect to the betarigs pool? The example is for scrypt. Do i use the same address and user but with keccak instead?

Thanks

PCFiL

newbie

Activity: 51

Merit: 0

rented a rig, no problem with it!

it did the job :-)

Prominence

full member

Activity: 182

Merit: 100

What do I do if I suddenly want to cancel renting before payment?
Reason: Scamcoin named VernCoin.

ycsi

member

Activity: 84

Merit: 10

Quote from: mux on February 14, 2014, 01:51:27 PM

Quote from: Forexperiments on February 14, 2014, 01:32:22 PM

Someone rented my rig.
cgminer says the betapool pool is "dead", wrong credentials
How is this possible?

It's possible if the customer put the wrong credentials for his target pool

You should notify the customer about his mistake.

mux, any way that betarigs proxy detects this kind of issues, based on the pool response, and then notify the renter (or change the rig status to something like "wrong pool credentials")?
That would be almost instantaneous, instead of hoping that rig operator is able to detect and communicate the issue to the customer.

MrBobC

member

Activity: 110

Merit: 10

Given the increased rental rate for Keccak rigs, I am considering converting my 51Mh scrypt farm to a ~25Gh Keccak farm. 25Gh is over 50% of what is currently rented or available. One question though: what does it take to convert to Keccak?

mux

sr. member

Activity: 280

Merit: 250

Quote from: Forexperiments on February 14, 2014, 01:32:22 PM

Someone rented my rig.
cgminer says the betapool pool is "dead", wrong credentials
How is this possible?

It's possible if the customer put the wrong credentials for his target pool

You should notify the customer about his mistake.

Forexperiments

sr. member

Activity: 259

Merit: 250

Someone rented my rig.
cgminer says the betapool pool is "dead", wrong credentials
How is this possible?

Topic: [ANN] BETARIGS.COM - Cryptocurrency cloud mining - thousands of rigs available! - page 93. (Read 201028 times)