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Topic: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast - page 105. (Read 542277 times)

con
newbie
Activity: 24
Merit: 0
now normal result 290x - 23500, 290 - 21000, 280x - 16000, 270 - 9500 ?

I get around 22000 from a 290 @ 1100MHz and a 7750 @ 3.9 MH/s @ 950MHz
con
newbie
Activity: 24
Merit: 0
OMG top 1 http://heavycoin.zhpool.com   18,618,606MH

That is a risk to our pool, we will try to contact this miner and confirm he is not faking this hashrate with some special method which is already known to us,  if no response from him received , we will have to ban this miner.

We have been keeping our eyes on you, don't try to fu*k us and our miners!


Hey potential "thief",  if you read this, we have banned you.

We won't let you in until you contact us and prove your hash power.

We have closed our registration at the present , sorry to new miners



Quite easy to check: Nr of blocks found vs hashrate vs global hashrate. No 'marginal' differences, then no problem. if you do 1/3 of the pool it is noticable if you cheat ...
member
Activity: 152
Merit: 10
OMG top 1 http://heavycoin.zhpool.com   18,618,606MH

That is a risk to our pool, we will try to contact this miner and confirm he is not faking this hashrate with some special method which is already known to us,  if no response from him received , we will have to ban this miner.

We have been keeping our eyes on you, don't try to fu*k us and our miners!


Hey potential "thief",  if you read this, we have banned you.

We won't let you in until you contact us and prove your hash power.

We have closed our registration at the present , sorry to new miners

full member
Activity: 168
Merit: 100
member
Activity: 152
Merit: 10
OMG top 1 http://heavycoin.zhpool.com   18,618,606MH

That is a risk to our pool, we will try to contact this miner and confirm he is not faking this hashrate with some special method which is already known to us,  if no response from him received , we will have to ban this miner.

We have been keeping our eyes on you, don't try to fu*k us and our miners!
member
Activity: 61
Merit: 10
I'll use crypto to buy a Fiat
Say to mine 1 BTC it costs a total of $510 and lets also say current value of BTC is $500.  So to mine 1 BTC is COSTS you $10.  So you are mining at a loss of $10 per BTC.

Now you could invest that $10 in saving into buying BTC or you could mine at a loss of $10 per BTC to sell them at a higher price later.

So I was saying it would cost $510 to mine 1 BTC that right now is worth $500.  But say in 1 month it could be $650.  So $140 profit.

It's all speculation of FUTURE value of a coin.  But it CAN MAKE A LOT OF SENSE TO MINE AT A "PRESENT" LOSS!
Okay, so it costs you $510 to mine 1 BTC. Why is the alternative to only invest $10 in buying BTC? The alternative is to invest $510 in buying BTC, as that is what you have saved if you turn your equipment off.

Mining scenario - invest $510 to receive 1 BTC, value increases to $650, $140 profit
Invest via exchange scenario - invest $510 to receive 1.02 BTC, value increases to $663, $153 profit

When you mine you are converting fiat into coins via the cost of electricity, it never makes sense to pay more in electricity than you could get the same coins for from an exchange.

Doh, yea that does more sense Smiley

Although at only $10 difference on a $500 coin it's probably a toss up due to brokerage fees.  But yea I forgot the "true" cost to get that 1 BTC was $510.

BTW, any idea the best place (fee wise) to convert FIAT to BTC or other coins?  As an Example getcoincafe.com charges 6%.  In this case it's still better to mine at a loss then pay brokerage fees. Smiley


I had a pretty good experience with coinbase.com, but the delivery time takes a LOOOOONG time.
member
Activity: 112
Merit: 10
Say to mine 1 BTC it costs a total of $510 and lets also say current value of BTC is $500.  So to mine 1 BTC is COSTS you $10.  So you are mining at a loss of $10 per BTC.

Now you could invest that $10 in saving into buying BTC or you could mine at a loss of $10 per BTC to sell them at a higher price later.

So I was saying it would cost $510 to mine 1 BTC that right now is worth $500.  But say in 1 month it could be $650.  So $140 profit.

It's all speculation of FUTURE value of a coin.  But it CAN MAKE A LOT OF SENSE TO MINE AT A "PRESENT" LOSS!
Okay, so it costs you $510 to mine 1 BTC. Why is the alternative to only invest $10 in buying BTC? The alternative is to invest $510 in buying BTC, as that is what you have saved if you turn your equipment off.

Mining scenario - invest $510 to receive 1 BTC, value increases to $650, $140 profit
Invest via exchange scenario - invest $510 to receive 1.02 BTC, value increases to $663, $153 profit

When you mine you are converting fiat into coins via the cost of electricity, it never makes sense to pay more in electricity than you could get the same coins for from an exchange.

Doh, yea that does more sense Smiley

I use justcoin.com, they are great and don't charge you anywhere near as much.

Although at only $10 difference on a $500 coin it's probably a toss up due to brokerage fees.  But yea I forgot the "true" cost to get that 1 BTC was $510.

BTW, any idea the best place (fee wise) to convert FIAT to BTC or other coins?  As an Example getcoincafe.com charges 6%.  In this case it's still better to mine at a loss then pay brokerage fees. Smiley

full member
Activity: 168
Merit: 100
Say to mine 1 BTC it costs a total of $510 and lets also say current value of BTC is $500.  So to mine 1 BTC is COSTS you $10.  So you are mining at a loss of $10 per BTC.

Now you could invest that $10 in saving into buying BTC or you could mine at a loss of $10 per BTC to sell them at a higher price later.

So I was saying it would cost $510 to mine 1 BTC that right now is worth $500.  But say in 1 month it could be $650.  So $140 profit.

It's all speculation of FUTURE value of a coin.  But it CAN MAKE A LOT OF SENSE TO MINE AT A "PRESENT" LOSS!
Okay, so it costs you $510 to mine 1 BTC. Why is the alternative to only invest $10 in buying BTC? The alternative is to invest $510 in buying BTC, as that is what you have saved if you turn your equipment off.

Mining scenario - invest $510 to receive 1 BTC, value increases to $650, $140 profit
Invest via exchange scenario - invest $510 to receive 1.02 BTC, value increases to $663, $153 profit

When you mine you are converting fiat into coins via the cost of electricity, it never makes sense to pay more in electricity than you could get the same coins for from an exchange.

Doh, yea that does more sense Smiley

Although at only $10 difference on a $500 coin it's probably a toss up due to brokerage fees.  But yea I forgot the "true" cost to get that 1 BTC was $510.

BTW, any idea the best place (fee wise) to convert FIAT to BTC or other coins?  As an Example getcoincafe.com charges 6%.  In this case it's still better to mine at a loss then pay brokerage fees. Smiley
sr. member
Activity: 364
Merit: 250
newbie
Activity: 14
Merit: 0
Say to mine 1 BTC it costs a total of $510 and lets also say current value of BTC is $500.  So to mine 1 BTC is COSTS you $10.  So you are mining at a loss of $10 per BTC.

Now you could invest that $10 in saving into buying BTC or you could mine at a loss of $10 per BTC to sell them at a higher price later.

So I was saying it would cost $510 to mine 1 BTC that right now is worth $500.  But say in 1 month it could be $650.  So $140 profit.

It's all speculation of FUTURE value of a coin.  But it CAN MAKE A LOT OF SENSE TO MINE AT A "PRESENT" LOSS!
Okay, so it costs you $510 to mine 1 BTC. Why is the alternative to only invest $10 in buying BTC? The alternative is to invest $510 in buying BTC, as that is what you have saved if you turn your equipment off.

Mining scenario - invest $510 to receive 1 BTC, value increases to $650, $140 profit
Invest via exchange scenario - invest $510 to receive 1.02 BTC, value increases to $663, $153 profit

When you mine you are converting fiat into coins via the cost of electricity, it never makes sense to pay more in electricity than you could get the same coins for from an exchange.
member
Activity: 61
Merit: 10
I'll use crypto to buy a Fiat
Hello again HeavyCoiners! My guide to getting started with HeavyCoin is complete!

Please take a look at https://bitcointalksearch.org/topic/tutorial-heavycoin-hvc-gpu-mining-guide-542962 and share this with anyone you know looking to get into Crypto. It's a pretty thorough guide about everything from downloading the wallet, mining and exchanges. I'm open to suggestions for anything I could add.

Also in the guide is a link and description of my Mine-and-Forget program. It's a windows program to help keep mining from getting in the way of work and other tasks you might be using your computer for. It will run your mining program after a set time of inactivity (you set it) and will cancel the miner anytime the user does anything. Hopefully this will help us convince our friends that mining won't be so bad after all! Smiley

Mine and Forget V1.0
Mine and Forget Source Code V1.0

With nice cool mining and no interruptions, there's no reason for the average person not to join the HeavyCoin party!

Also, please keep sending your configurations to me at [email protected]! It should help us keep this thread centered on how to grow HVC Smiley

Good luck miners! HVC to da MOON!

Nice write up! I like to check every few hours too. Which pool do you favor? I love this coin, but I can't seem to get more than a couple 2-3 coin payouts per day. I was getting way more before the difficulty went up (as to be expected) but now I'm getting so few (practically none with 11 m/hash, very few invalids) that I'm thinking of switching to a different coin. 

I'm currently mining on zhpool. I tried on heavycoinpool for a while, but the payouts were nearly nothing. As for the low returns right now, I feel your pain. If you look on the hardware comparison, mine if the 560 Ti. The other two cards are my friends, and they're just mining through me. I really do survive on donations Smiley


You could not be up $150 your way because you didn't have a full BTC.  You could only purchase what you saved on electricity which is $10 by not mining and using the savings to purchase with.

If I had $10 (what I saved by not mining) and purchased BTC (assuming no fees) I would be able to purchase 10/500 of 1 BTC or 0.02 btc

in that same time frame mentioned above now when sold at $650 per BTC I'd have 0.02 * $650 or $13 dollars profit before paying fees from investing savings from not mining.

Would you rather have a profit of $13 minus fees
or
$150 minus cost of $10 (electric cost) for $140 profit?

I'd rather have $140 then $13 so it CAN MAKE SENSE TO MINE AT A LOSS!

Not really sure what's so hard to grasp about this?
You're not making any sense, we were talking about mining at a loss, i.e. where the cost of electricity is higher than the value of the coins you are mining. If you can mine 1 BTC for $10 of electricity, you're not mining at a loss!

I assumed what you meant was that you mined 1 BTC at a net cost of $10, i.e. that you paid $510 in electricity to receive 1 BTC of value $500, which is what mining at a loss is.

You're making this difficult.  Lets be more specific.

Say to mine 1 BTC it costs a total of $510 and lets also say current value of BTC is $500.  So to mine 1 BTC is COSTS you $10.  So you are mining at a loss of $10 per BTC.

Now you could invest that $10 in saving into buying BTC or you could mine at a loss of $10 per BTC to sell them at a higher price later.

So I was saying it would cost $510 to mine 1 BTC that right now is worth $500.  But say in 1 month it could be $650.  So $140 profit.

It's all speculation of FUTURE value of a coin.  But it CAN MAKE A LOT OF SENSE TO MINE AT A "PRESENT" LOSS!

I'm leaning towards freethrow on this one actually, with one exception. If you want to invest in HVC, it doesn't make sense to mine it if it isn't profitable. The reason for this is that if you earn .2BTC a day mining HVC but could earn say .3BTC mining DOGE, then it would make more sense (and you'd get more HVC) to mine DOGE and then use exchanges to buy HVC. HOWEVER, this doesn't account for exchange time. There is always the possibility that HVC will become more profitable than your alternate coin, so if you want to go the exchange route, you're gambling there too.


You should include "--no-submit-stale" for the cgminer version.

Added, thanks for the input Smiley
full member
Activity: 168
Merit: 100
You could not be up $150 your way because you didn't have a full BTC.  You could only purchase what you saved on electricity which is $10 by not mining and using the savings to purchase with.

If I had $10 (what I saved by not mining) and purchased BTC (assuming no fees) I would be able to purchase 10/500 of 1 BTC or 0.02 btc

in that same time frame mentioned above now when sold at $650 per BTC I'd have 0.02 * $650 or $13 dollars profit before paying fees from investing savings from not mining.

Would you rather have a profit of $13 minus fees
or
$150 minus cost of $10 (electric cost) for $140 profit?

I'd rather have $140 then $13 so it CAN MAKE SENSE TO MINE AT A LOSS!

Not really sure what's so hard to grasp about this?
You're not making any sense, we were talking about mining at a loss, i.e. where the cost of electricity is higher than the value of the coins you are mining. If you can mine 1 BTC for $10 of electricity, you're not mining at a loss!

I assumed what you meant was that you mined 1 BTC at a net cost of $10, i.e. that you paid $510 in electricity to receive 1 BTC of value $500, which is what mining at a loss is.

You're making this difficult.  Lets be more specific Smiley

Say to mine 1 BTC it costs a total of $510 and lets also say current value of BTC is $500.  So to mine 1 BTC is COSTS you $10.  So you are mining at a loss of $10 per BTC.

Now you could invest that $10 in saving into buying BTC or you could mine at a loss of $10 per BTC to sell them at a higher price later.

So I was saying it would cost $510 to mine 1 BTC that right now is worth $500.  But say in 1 month it could be $650.  So $140 profit.

It's all speculation of FUTURE value of a coin.  But it CAN MAKE A LOT OF SENSE TO MINE AT A "PRESENT" LOSS!
full member
Activity: 168
Merit: 100
Hello again HeavyCoiners! My guide to getting started with HeavyCoin is complete!

Please take a look at https://bitcointalksearch.org/topic/tutorial-heavycoin-hvc-gpu-mining-guide-542962 and share this with anyone you know looking to get into Crypto. It's a pretty thorough guide about everything from downloading the wallet, mining and exchanges. I'm open to suggestions for anything I could add.

Also in the guide is a link and description of my Mine-and-Forget program. It's a windows program to help keep mining from getting in the way of work and other tasks you might be using your computer for. It will run your mining program after a set time of inactivity (you set it) and will cancel the miner anytime the user does anything. Hopefully this will help us convince our friends that mining won't be so bad after all! Smiley

Mine and Forget V1.0
Mine and Forget Source Code V1.0

With nice cool mining and no interruptions, there's no reason for the average person not to join the HeavyCoin party!

Also, please keep sending your configurations to me at [email protected]! It should help us keep this thread centered on how to grow HVC Smiley

Good luck miners! HVC to da MOON!

You should include "--no-submit-stale" for the cgminer version.

Overall, looks good.
hero member
Activity: 574
Merit: 500
newbie
Activity: 14
Merit: 0
You could not be up $150 your way because you didn't have a full BTC.  You could only purchase what you saved on electricity which is $10 by not mining and using the savings to purchase with.

If I had $10 (what I saved by not mining) and purchased BTC (assuming no fees) I would be able to purchase 10/500 of 1 BTC or 0.02 btc

in that same time frame mentioned above now when sold at $650 per BTC I'd have 0.02 * $650 or $13 dollars profit before paying fees from investing savings from not mining.

Would you rather have a profit of $13 minus fees
or
$150 minus cost of $10 (electric cost) for $140 profit?

I'd rather have $140 then $13 so it CAN MAKE SENSE TO MINE AT A LOSS!

Not really sure what's so hard to grasp about this?
You're not making any sense, we were talking about mining at a loss, i.e. where the cost of electricity is higher than the value of the coins you are mining. If you can mine 1 BTC for $10 of electricity, you're not mining at a loss!

I assumed what you meant was that you mined 1 BTC at a net cost of $10, i.e. that you paid $510 in electricity to receive 1 BTC of value $500, which is what mining at a loss is.
newbie
Activity: 39
Merit: 0
Hello again HeavyCoiners! My guide to getting started with HeavyCoin is complete!

Please take a look at https://bitcointalksearch.org/topic/tutorial-heavycoin-hvc-gpu-mining-guide-542962 and share this with anyone you know looking to get into Crypto. It's a pretty thorough guide about everything from downloading the wallet, mining and exchanges. I'm open to suggestions for anything I could add.

Also in the guide is a link and description of my Mine-and-Forget program. It's a windows program to help keep mining from getting in the way of work and other tasks you might be using your computer for. It will run your mining program after a set time of inactivity (you set it) and will cancel the miner anytime the user does anything. Hopefully this will help us convince our friends that mining won't be so bad after all! Smiley

Mine and Forget V1.0
Mine and Forget Source Code V1.0

With nice cool mining and no interruptions, there's no reason for the average person not to join the HeavyCoin party!

Also, please keep sending your configurations to me at [email protected]! It should help us keep this thread centered on how to grow HVC Smiley

Good luck miners! HVC to da MOON!

Nice write up! I like to check every few hours too. Which pool do you favor? I love this coin, but I can't seem to get more than a couple 2-3 coin payouts per day. I was getting way more before the difficulty went up (as to be expected) but now I'm getting so few (practically none with 11 m/hash, very few invalids) that I'm thinking of switching to a different coin. 
member
Activity: 61
Merit: 10
I'll use crypto to buy a Fiat
Hello again HeavyCoiners! My guide to getting started with HeavyCoin is complete!

Please take a look at https://bitcointalksearch.org/topic/tutorial-heavycoin-hvc-gpu-mining-guide-542962 and share this with anyone you know looking to get into Crypto. It's a pretty thorough guide about everything from downloading the wallet, mining and exchanges. I'm open to suggestions for anything I could add.

Also in the guide is a link and description of my Mine-and-Forget program. It's a windows program to help keep mining from getting in the way of work and other tasks you might be using your computer for. It will run your mining program after a set time of inactivity (you set it) and will cancel the miner anytime the user does anything. Hopefully this will help us convince our friends that mining won't be so bad after all! Smiley

Mine and Forget V1.0
Mine and Forget Source Code V1.0

With nice cool mining and no interruptions, there's no reason for the average person not to join the HeavyCoin party!

Also, please keep sending your configurations to me at [email protected]! It should help us keep this thread centered on how to grow HVC Smiley

Good luck miners! HVC to da MOON!
full member
Activity: 196
Merit: 100
This coin has the potential to become the new ltc.  Lets get the community to grow, do some fundraising doge style and get noticed!

Smiley starting Monday of next week we are rolling out a marketing campaign. I'll be needing volunteers for several things pm me if interested in helping.
member
Activity: 106
Merit: 10
Some day i too can have a avatar and be like you.
It is a very nice coin !

Great coin?
A good coin don't exist anymore. Oh
Maybe the bit is still good
member
Activity: 106
Merit: 10
Some day i too can have a avatar and be like you.
It is a very nice coin !

Great coin?
A good coin don't exist anymore. Oh
Maybe the bit is still good
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