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Topic: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast - page 106. (Read 542277 times)

full member
Activity: 168
Merit: 100
Ya think?

Let me give you an example.  If you mined BTC right now at exactly $500 USD trade value and earned one BTC but it costs you $10 in electricity.  But then held it for a month until BTC goes back up to $650 did you not come out $140 ahead?

In this example you saved $10 in electricity while I made $140 for a difference of $150.
No, you came out $10 down as you could have just bought the BTC instead and been $150 up instead of only $140 up.

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?
legendary
Activity: 980
Merit: 1000
Traveling in subspace
hero member
Activity: 686
Merit: 500
FUN > ROI
can we have the miner in the original post?

that miner in the pool is full of trojan

Full of what?

Likely a spam account, or at least an account that seeks to get early verification by 'making posts'... which are really just copy/pastes of portions of earlier posts.  In this case, it's from a March 9th post: https://bitcointalksearch.org/topic/m.5603644
member
Activity: 84
Merit: 10
This coin has the potential to become the new ltc.  Lets get the community to grow, do some fundraising doge style and get noticed!
member
Activity: 106
Merit: 10
Some day i too can have a avatar and be like you.
Heavycoin is a good coin,it works good,I am mining it Grin Grin

This is now?
You love what is the reason for it?
Low price?
full member
Activity: 168
Merit: 100
can we have the miner in the original post?

that miner in the pool is full of trojan

Full of what?
legendary
Activity: 980
Merit: 1000
Traveling in subspace
i'm having 3 290, with the newest miner,each can reach 21m, but one of the 3 doesn't work, anyone has some ideas about this

hi,

what is your setings??

I am only able to reach 17 mH/s

greetings
Make sure you have the latest optimized miner.  And FWIW TC settings mean nothing when mining HVC. Mine are all set @ 0.

Where can I get the latest miner? I already upgraded to the cpu miner with 20% more performance. Or do you mean gpu miner?
GPU miner. Get it here.
member
Activity: 112
Merit: 10
Keep in mind that it can make a lot of sense to mine "at a loss" for now if you are holding your coins.
It never makes sense to mine at a loss, you'll get more coins for the same money by switching your equipment off and buying the coins on an exchange instead.

Ya think?

Let me give you an example.  If you mined BTC right now at exactly $500 USD trade value and earned one BTC but it costs you $10 in electricity.  But then held it for a month until BTC goes back up to $650 did you not come out $140 ahead?

In this example you saved $10 in electricity while I made $140 for a difference of $150.  I can still buy/sell coins also while mining.

It's all a personal choice of course.  But if your speculation of the coin says it's going to increase in value then it can certainly make sense to mine at a loss TODAY for higher value TOMORROW as the example above shows.

Carlo

i get your point but if you are mining at a loss surely it's better to mine at a profit on another coin, sell and then convert that immediately into HVC? that way you get the best of both worlds.
newbie
Activity: 56
Merit: 0
Heavycoin is a good coin,it works good,I am mining it Grin Grin

remember to vote low 1 (increase HVC price) to balance those who vote 1024 #
newbie
Activity: 14
Merit: 0
Ya think?

Let me give you an example.  If you mined BTC right now at exactly $500 USD trade value and earned one BTC but it costs you $10 in electricity.  But then held it for a month until BTC goes back up to $650 did you not come out $140 ahead?

In this example you saved $10 in electricity while I made $140 for a difference of $150.
No, you came out $10 down as you could have just bought the BTC instead and been $150 up instead of only $140 up.
newbie
Activity: 42
Merit: 0
i'm having 3 290, with the newest miner,each can reach 21m, but one of the 3 doesn't work, anyone has some ideas about this

hi,

what is your setings??

I am only able to reach 17 mH/s

greetings

{
"pools" : [
   {
      "url" : "stratum+tcp://hvcpool.1gh.com:5333",
      "user" : "--------------------------------",
      "pass" : "'VIP"
   }
]
,
"intensity" : "8,8,8",
"vectors" : "1,1,1",
"worksize" : "64,64,64",
"kernel" : "heavy,heavy,heavy",
"lookup-gap" : "0,0,0",
"gpu-threads" : "1,1,1",
"thread-concurrency" : "20480,20480,20480",
"gpu-engine" : "1150-1150,1150-1150,1150-1150",
"gpu-fan" : "0-100,0-100,0-100",
"gpu-memclock" : "1250,1250,1250",
"gpu-memdiff" : "0,0,0",
"gpu-powertune" : "0,0,0",
"gpu-vddc" : "0.000,0.000,0.000",
"temp-cutoff" : "95,95,95",
"temp-overheat" : "90,90,90",
"temp-target" : "85,85,85",
"api-mcast-port" : "4028",
"api-port" : "4028",
"expiry" : "120",
"failover-switch-delay" : "60",
"gpu-dyninterval" : "7",
"gpu-platform" : "0",
"log" : "5",
"log-dateformat" : "0",
"no-pool-disable" : true,
"no-submit-stale" : true,
"queue" : "1",
"scan-time" : "60",
"heavy" : true,
"vote" : "1",
"temp-hysteresis" : "3",
"shares" : "0",
"kernel-path" : "/usr/local/bin"
}
hero member
Activity: 925
Merit: 1000
Can someone advice what is the fastest and cheapest way to buy bitcoin with CreditCard? I tried SEPA payment via Payeer.com -> BTC-e, but it took cca 1 week to receive the payment on Payeer.com, then it was matter of seconds to transfer payment from Payeer.com to Btc-e.
full member
Activity: 168
Merit: 100
Keep in mind that it can make a lot of sense to mine "at a loss" for now if you are holding your coins.
It never makes sense to mine at a loss, you'll get more coins for the same money by switching your equipment off and buying the coins on an exchange instead.

Ya think?

Let me give you an example.  If you mined BTC right now at exactly $500 USD trade value and earned one BTC but it costs you $10 in electricity.  But then held it for a month until BTC goes back up to $650 did you not come out $140 ahead?

In this example you saved $10 in electricity while I made $140 for a difference of $150.  I can still buy/sell coins also while mining.

It's all a personal choice of course.  But if your speculation of the coin says it's going to increase in value then it can certainly make sense to mine at a loss TODAY for higher value TOMORROW as the example above shows.

Carlo
newbie
Activity: 26
Merit: 0
can we have the miner in the original post?

that miner in the pool is full of trojan
legendary
Activity: 3248
Merit: 1070
Keep in mind that it can make a lot of sense to mine "at a loss" for now if you are holding your coins.
It never makes sense to mine at a loss, you'll get more coins for the same money by switching your equipment off and buying the coins on an exchange instead.

or just buy heavycoin directly, btc are cheap too now...
newbie
Activity: 14
Merit: 0
Keep in mind that it can make a lot of sense to mine "at a loss" for now if you are holding your coins.
It never makes sense to mine at a loss, you'll get more coins for the same money by switching your equipment off and buying the coins on an exchange instead.
newbie
Activity: 56
Merit: 0
Heavycoiners!
 vote LOW

./cgminer --heavy --vote 1 or 1-150 -o stratum+tcp://stratum02.heavycoinpool.com:5333 -u x -p 123 -w 256 -g 2  --thread-concurrency 18944 --intensity 13  --no-submit-stale
sr. member
Activity: 504
Merit: 254

used:

Quote
./cgminer --scrypt -o stratum+tcp://stratum02.heavycoinpool.com:5333 -u xxx -p 123 -w 256 -g 2  --thread-concurrency 18944 --intensity 13 --heavy --vote 512 --no-submit-stale


Quote
[12:08:22] Failed to create postcalc_hash thread
 [12:08:22] Failed to create postcalc_hash thread
 [12:08:22] Failed to create postcalc_hash thread
 [12:08:22] Failed to create postcalc_hash thread
 [12:08:22] Failed to create postcalc_hash thread
 [12:08:24] Shutdown signal received.           
 [12:08:24]
Summary of runtime statistics:
                   
 [12:08:24] Started at [2014-03-29 12:07:52]                   
 [12:08:24] Pool: stratum+tcp://stratum02.heavycoinpool.com:5333                   
 [12:08:24] Runtime: 0 hrs : 0 mins : 32 secs                   
 [12:08:24] Average hashrate: 2.6 Megahash/s                   
 [12:08:24] Solved blocks: 0                   
 [12:08:24] Best share difficulty: 6                   
 [12:08:24] Share submissions: 1                   
 [12:08:24] Accepted shares: 0                   
 [12:08:24] Rejected shares: 1                   
 [12:08:24] Accepted difficulty shares: 0                   
 [12:08:24] Rejected difficulty shares: 0                   
 [12:08:24] Reject ratio: 100.0%                   
 [12:08:24] Hardware errors: 115998                   
 [12:08:24] Utility (accepted shares / min): 0.00/min                   
 [12:08:24] Work Utility (diff1 shares solved / min): 0.00/min
                   
 [12:08:24] Stale submissions discarded due to new blocks: 0                   
 [12:08:24] Unable to get work from server occasions: 0                   
 [12:08:24] Work items generated locally: 84                   
 [12:08:24] Submitting work remotely delay occasions: 0                   
 [12:08:24] New blocks detected on network: 1
                   

You have contradictory parameters in your command line, one telling CGMiner to use the scrypt kernel and the other to use the heavy kernel. Try:

Quote
./cgminer --heavy -o stratum+tcp://stratum02.heavycoinpool.com:5333 -u xxx -p 123 -w 256 -g 2  --thread-concurrency 18944 --intensity 13 --vote 512 --no-submit-stale
member
Activity: 74
Merit: 10
now normal result 290x - 23500, 290 - 21000, 280x - 16000, 270 - 9500 ?
newbie
Activity: 39
Merit: 0
Anybody mining at heavycoinpool.com? My estimated payout has been hovering around 3 for 8 hours... Are there such things as never ending rounds?  Huh Frustrating. 11m/hash - 3 coins in 8 hours. Almost zero invalids and a decent share rate.

i left that pool after only getting 24 coins in 8 hrs at 124 mh/s.

I left after spending a week to get 50 coins with my 15MH/s...

Damn. I'm glad it's not just me... but what's up with that? Small pool size? I've tried just about every pool. Currently at 1GH. Lack of dashboard means I'll have to wait another 24 hours to get a good feel for profitability. :fingerscrossed:  Roll Eyes
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