Author

Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com - page 184. (Read 829922 times)

hero member
Activity: 518
Merit: 500
Seems my personal graph is stuck again.
Been frozen all afternoon


yeah same with me, however it is getting updated and correct hash rate on the allusers page.
full member
Activity: 308
Merit: 146
This can go on all night lol, there are always more ways than one to look at it.

I'm off to bed.


21 mh/s crew!  Grin
At least this is slightly more entertaining to read than the "H2O IS STEALING FROM YOU" BS that usually starts flying around this time Tongue

Personal graphs are still stuck for me (actually they just haven't updated), however, stats from bfpcoin.com (among other ones that process the raw data) are up to date and accurate from what I can tell. Payout today looks to be around 0.0173BTC per MH/s or so, which is still higher than we've been experiencing.

ASIC's are something everyone needs to come to terms with. The financial incentive wasn't there when LTC was $2-3, however, now those capital costs in development are a lot more attractive. The first round I'm not worried about, and even long-term, until memory gets faster, the differences won't be as large as some think. Power consumption (heat) on the other hand is what many of us are looking forward to... I like GPU's because they have utility (value) outside mining, however, if I can hash faster with less heat/power consumption to worry about, then that's attractive too.

For those worried about the competitive nature of mining... that's the name of the game. There will always be people with over 100x my hashing power, and I recognize that. Likewise, not everyone can afford to even run a 25-30 GPU setup. While we all wish we were H2O, or the guy with 150+ MH/s, that doesn't get you anywhere in life. Also, to the person who said it's just as easy to manage multiple rigs vs 1 or 2 GPUs... not when you have way more parts to clean / configure / make sure they are always working

full member
Activity: 160
Merit: 100


just curious, but 110v or 240v?? i'm assuming 240v but from your home or do you rent business space?? been crunching numbers lately.. wanted to add a 240v breaker box for my servers and then mining came along.. i'm fine up to 200A - was going to allocate 50A for starters.. keep reminding the wife not to plug the vacuum into room with "all the computer crap".. ups protected, but she just keeps bringing it all down.. the whole breaker thing is too much Smiley

I own my own business so I have my farm setup there at my building. Already have 600 amp 3-Phase power to my facility so I just added twin 30A 240v breakers for the farm.  Sized each breaker to handle 5 rigs (each with four 280xs).  Only running 8 rigs currently. The heat output sucks so im getting quotes for A/C systems just for the server farm room. Will need them if we want to expand any further.
sr. member
Activity: 518
Merit: 251
Seems my personal graph is stuck again.
Been frozen all afternoon
sr. member
Activity: 518
Merit: 251
Huh Huh

Mining is VERY competitive.  It's an arms race against the ASIC clock.  It's also a race against the rising difficulty clock.

Asics's are coming one way or another.  I still think it will be a while before they offer the performance/price that makes sense.  Also, it will take a generation or two to really get the kinks worked out.

But if you aren't either racing to get as much coin now as you can, then you are bringing up the rear because the rest of use are building farms.  We want to collect/cash in as much BTC as possible before ASICs drive the difficulty up so much that you actually NEED said asic to mine/survive in this hobby.

Quote
It is called progress. Either you move along with it or you get left behind crying about the neighbors Maserati Smiley

+1. Finally some adults around here.

Funny how kids around here like to play with their words just so they can 1up people on the Internet.

Where did I try to one up you? Who is the kid? Those dang kids! Kids are what 16 and under? Sorry to disappoint, no kid here.

Mining is still not competitive. There is a new coin every week. No one can mine every coin. So please stop.

ALSO, people that take mining as BUSINESS are not so smart. Lets use logic here.
Allow him his illusion of superiority, it's all he's got apparently to make him feel good about himself.

If he feels it's competitive, fine for him.  I'll just sit back and continue to mine away, perfectly happy with my profits and my strategic coin purchase.  I'm not in competition with anyone but myself.

sr. member
Activity: 420
Merit: 250
Also, people seem to forget that Scrypt ASICs allow for more expandability for miners like me, with 11 rigs. I have no room left, I'd be tripping breakers, and too much heat is being generated.

Scrypt ASICs would solve all these problems for me.

So that argument about X number of 280x's costing XXX dollars, isn't totally relevant when trying to compare to ASICs, which can allow much more hashing, with much less power consumption, and much less heat being generated, and taking up a much smaller footprint.

Also applies to people who live in smaller apartments. Suddenly instead of having enough circuits to allow going from 5 MH/s, to being able to power four X 25 MH/s ASICs, will make a huge difference.

You keep forgetting that difficulty will rise like there is no tomorrow. So your going to need more and more and more eventually turning into bitcoin.

Right, because I forgot this very obvious factor, on more than one occasion, with my low post count, which by the way, was completely irrelevant to the statement I was trying to make.  Roll Eyes  Moron.





I was saying that your going to neeed more and more ASICS and eventually have the same NO ROOM LEFT AGAIN and same profit again, You may be better off for the first few months but then say hi to many more asics... As it will become like bitcoin, But Even if I breifly just read your post and commented on it not seeing the complete post , why call me a Moron?, call me a moron and you get it back in your face. DKhead. Do you think your some sikcnt. Big kid with his Big hash power thinking his king shit haaa? call me moron??? Yeh ok well then that makes a fukkd up cnt who needs to be capped in the knees!!

calling us kids? hahaha  Show me anyone under 16 here I don't even think anyone is under 21 here But if so , who cares good on them for starting up!!

hero member
Activity: 710
Merit: 502
Hello
I have been mining here for several weeks, but the useless work resulting of the 1024K difficulty bugs me a bit.

I have been reading the last 50 pages but couldn't find the info I want.
What would be best, using 1 thread with 7950 and high TC for middlecoin or a 280X with g 2 at 750Kh?

what I am asking is what is better to accommodate for the 1024K difficulty, I am trying to make it work as efficient as I can.

any hint?, thank you!
indkt.


so far only these works for me @ 1~% reject

Code:
280x @ 680kh/s:-
thread-concurrency : 28672 (2048 * 14)
gpu-thread : 1
intensity : 18
gpu-engine : 1100
gpu-memclock : 1500

7950 @ 590kh/s :-
thread-concurrency : 25984 (1792 * 14.5)
gpu-thread : 1
intensity : 18
gpu-engine : 1050
gpu-memclock : 1250
Thank you for sharing it!!!!
I will try that asap! Smiley
Indkt.
newbie
Activity: 19
Merit: 0
Seems my personal graph is stuck again.
newbie
Activity: 39
Merit: 0
Not to keep jumping you guy's little, lets say "disagreement", but I sure as hell treat this more of a business than a hobby.  I clear over $250/day on average (yesterday was NOT average Wink ) here at Middlecoin and have already made enough mining LTC the last 12 months to pay for all my equipment and for even more farm buildout.  No friggin hobby dollar amounts here...



just curious, but 110v or 240v?? i'm assuming 240v but from your home or do you rent business space?? been crunching numbers lately.. wanted to add a 240v breaker box for my servers and then mining came along.. i'm fine up to 200A - was going to allocate 50A for starters.. keep reminding the wife not to plug the vacuum into room with "all the computer crap".. ups protected, but she just keeps bringing it all down.. the whole breaker thing is too much Smiley
full member
Activity: 131
Merit: 100

Good thing you put that edit in there because I was heading in the, you don't have to buy 11 rigs and worry about making your money back. Not that I choose not to upgrade but more that every card right now is priced to the point of if I buy it now I will never be able to make anything back for resale.

Thanks. Nice day to you sir.

You're choose not to take the risk. No risk, no reward. Same goes for buying ASICs.






I mine for for a little extra change. My full time job suffices. Why take a risk when I am comfortable with my life?


This can go on all night lol, there are always more ways than one to look at it.

I'm off to bed.









21 mh/s crew!  Grin
full member
Activity: 160
Merit: 100
Not to keep jumping you guy's little, lets say "disagreement", but I sure as hell treat this more of a business than a hobby.  I clear over $250/day on average (yesterday was NOT average Wink ) here at Middlecoin and have already made enough mining LTC the last 12 months to pay for all my equipment and for even more farm buildout.  No friggin hobby dollar amounts here...



mh ?

21Mh/s
sr. member
Activity: 434
Merit: 250

Good thing you put that edit in there because I was heading in the, you don't have to buy 11 rigs and worry about making your money back. Not that I choose not to upgrade but more that every card right now is priced to the point of if I buy it now I will never be able to make anything back for resale.

Thanks. Nice day to you sir.

You're choose not to take the risk. No risk, no reward. Same goes for buying ASICs.






I mine for for a little extra change. My full time job suffices. Why take a risk when I am comfortable with my life?
full member
Activity: 131
Merit: 100

Good thing you put that edit in there because I was heading in the, you don't have to buy 11 rigs and worry about making your money back. Not that I choose not to upgrade but more that every card right now is priced to the point of if I buy it now I will never be able to make anything back for resale.

Thanks. Nice day to you sir.

You're choose not to take the risk. No risk, no reward. Same goes for buying ASICs.

Quote
Our scuffle has been ended.

That is impressive. You got in at the right time though, correct?


I've still got six 5970's mining since February 2011. They must have ROI'd the equivalent of 300 times over already. Mnius $20 here and there for replacement fans.

Sold lots of BTC. Regretted it each time, but still have enough.



sr. member
Activity: 322
Merit: 250
Not to keep jumping you guy's little, lets say "disagreement", but I sure as hell treat this more of a business than a hobby.  I clear over $250/day on average (yesterday was NOT average Wink ) here at Middlecoin and have already made enough mining LTC the last 12 months to pay for all my equipment and for even more farm buildout.  No friggin hobby dollar amounts here...



mh ?
sr. member
Activity: 434
Merit: 250
Our scuffle has been ended.

That is impressive. You got in at the right time though, correct?
full member
Activity: 160
Merit: 100
Not to keep jumping you guy's little, lets say "disagreement", but I sure as hell treat this more of a business than a hobby.  I clear over $250/day on average (yesterday was NOT average Wink ) here at Middlecoin and have already made enough mining LTC the last 12 months to pay for all my equipment and for even more farm buildout.  No friggin hobby dollar amounts here...

sr. member
Activity: 434
Merit: 250

Where did I try to one up you? Who is the kid? Those dang kids! Kids are what 16 and under? Sorry to disappoint, no kid here.

Mining is still not competitive. There is a new coin every week. No one can mine every coin. So please stop.

ALSO, people that take mining as BUSINESS are not so smart. Lets use logic here.

I said it's treated like a business.

People are in a business to make money.
People mine cryptos to make money. (You wouldn't be doing this otherwise).

In order to maintain profits, you need to use competitive hardware, otherwise your profits will quickly decline.

Either accept this fact, or stop bitching on the Internet about ASICs because that's what started this discussion in the first place.

EDIT:

I finally realized why it's not competitive in your opinion.

You choose not to upgrade. Instead you choose to earn less and bitch more.

Problem solved. You're right, I'm wrong.  You win.


Good thing you put that edit in there because I was heading in the, you don't have to buy 11 rigs and worry about making your money back. Not that I choose not to upgrade but more that every card right now is priced to the point of if I buy it now I will never be able to make anything back for resale.

Thanks. Nice day to you sir.
full member
Activity: 131
Merit: 100

Where did I try to one up you? Who is the kid? Those dang kids! Kids are what 16 and under? Sorry to disappoint, no kid here.

Mining is still not competitive. There is a new coin every week. No one can mine every coin. So please stop.

ALSO, people that take mining as BUSINESS are not so smart. Lets use logic here.

I said it's treated like a business.

People are in a business to make money.
People mine cryptos to make money. (You wouldn't be doing this otherwise).

In order to maintain profits, you need to use competitive hardware, otherwise your profits will quickly decline.

Either accept this fact, or stop bitching on the Internet about ASICs because that's what started this discussion in the first place.

EDIT:

I finally realized why it's not competitive in your opinion.

You choose not to upgrade. Instead you choose to earn less and bitch more.

Problem solved. You're right, I'm wrong.  You win.
sr. member
Activity: 261
Merit: 250
Difficulty increases variance but has no influence on your average payout.
But most of the time i see that my GPUs are working and new block, new block, new block, but nothing gets delivered even for a minute, this is useless work isn't it?

I thought the same thing, and my miner can take minutes and many new blocks before submitting anything, but I can see from the graphs that I am still submitting at the same rate on average. I'm not sure why, but just look at the graphs for your bitcoin address on the page. It was noticeably more spikey for me with lots of peaks and valleys since the diff went up to 512, but the average should be the same. If its not, then its time to shop around! Smiley
sr. member
Activity: 434
Merit: 250
Huh Huh

Mining is VERY competitive.  It's an arms race against the ASIC clock.  It's also a race against the rising difficulty clock.

Asics's are coming one way or another.  I still think it will be a while before they offer the performance/price that makes sense.  Also, it will take a generation or two to really get the kinks worked out.

But if you aren't either racing to get as much coin now as you can, then you are bringing up the rear because the rest of use are building farms.  We want to collect/cash in as much BTC as possible before ASICs drive the difficulty up so much that you actually NEED said asic to mine/survive in this hobby.

Quote
It is called progress. Either you move along with it or you get left behind crying about the neighbors Maserati Smiley

+1. Finally some adults around here.

Funny how kids around here like to play with their words just so they can 1up people on the Internet.

Where did I try to one up you? Who is the kid? Those dang kids! Kids are what 16 and under? Sorry to disappoint, no kid here.

Mining is still not competitive. There is a new coin every week. No one can mine every coin. So please stop.

ALSO, people that take mining as BUSINESS are not so smart. Lets use logic here.
Jump to: