FAKE
What's fake? The news story?
Topic: Coindesk：How We Mined More Than 100,000 Dogecoins in One Week (Read 1050 times)
FAKE
that explains the NON STOP advertising of fake stories for Doge coin for ages.. nice credible news they post 
and thanks for deleting any criticism i ever made on that coin on the site to by the way.. real professional.
coindesk is gay bullshit !
a bag holder flogging that shitty cancerous scam coin Doge non stop...
i seen plenty of other people comment on there too and some said they would stop going there if you kept it up.
corruption is rampant in this scene people.. it's bloody ridiculous who is pulling strings and why.
quit being dumb gullible lemmings people !
and thanks for deleting any criticism i ever made on that coin on the site to by the way.. real professional.
coindesk is gay bullshit !
a bag holder flogging that shitty cancerous scam coin Doge non stop...
i seen plenty of other people comment on there too and some said they would stop going there if you kept it up.
corruption is rampant in this scene people.. it's bloody ridiculous who is pulling strings and why.
quit being dumb gullible lemmings people !
As bitcoin mining increasingly becomes more of a professional pursuit, hobbyists and newcomers have turned their attention to scrypt mining.
So, at CoinDesk, we wondered, ‘why not try scrypt mining ourselves?’
Watch the video to see how well we fared:
http://www.youtube.com/watch?v=Y0ueyiEUKZo
We got our hands on a Gridseed G-Blade miner, one of the first scrypt miners in the market to use ASIC chips. ASIC chips have been used to mine bitcoin for over a year, now they are making their way into scrypt mining.
That’s making scrypt even more attractive to newbies.
MinerEU is the European distributor for the China-based manufacturer Gridseed. CEO and co-founder Jing Wei explains why it is easier to get into ASIC scrypt mining:
http://www.coindesk.com/mined-100000-dogecoins-one-week/
“The clear advantage of scrypt ASIC mining is lower power consumption. It’s scalable: you can even set up a mining farm at home. It’s also very easy to set it up. We have streamlined the process. [...] In a few minutes you can connect all the parts together.”
It is easier and faster to make money from altcoins rather than investing in expensive and industrial bitcoin mining equipment. Mining equipment manufacturers have already announced refined scrypt-mining equipment.
While Gridseed G-Blade is one of the first to be launched on the market, KnCMiner has already announced their plans to launch their scrypt miner Titan.
Mining Adventures at CoinDesk
Each Gridseed G-Blade miner has two boards with 40 GC335 ASIC chips on each one. This $1,600 miner promises a total hashrate of 5.2M.
We brought two of the two-blade miners into the office. Including installing the relevant software, it took us about an hour to set them up. But, now that we’ve done it once, next time would definitely be quicker.
Gridseed G-blade
http://media.coindesk.com/2014/04/GridseedG-blade.jpg
Depending on what you decide to mine, the return on investment of these miners is three to six months. We decided to mine dogecoin and managed 100,000 doge with two miners in a week.
That’s not a bad start to our scrypt mining career, but it’s certainly possible to improve on the ROI by using the multipool.
Wei says:
“In theory the smart switching technology should give you a higher return that mining one type of alternative coin, but the problem with that is the switching process. If we switch it over from one coin to another, the calculation power will be lost during the transition.”
While we’ve parted with the miners, we’re still working out what to do with our $58 worth of dogecoin – suggestions welcome in the comments below.
http://www.coindesk.com/mined-100000-dogecoins-one-week/
So, at CoinDesk, we wondered, ‘why not try scrypt mining ourselves?’
Watch the video to see how well we fared:
http://www.youtube.com/watch?v=Y0ueyiEUKZo
We got our hands on a Gridseed G-Blade miner, one of the first scrypt miners in the market to use ASIC chips. ASIC chips have been used to mine bitcoin for over a year, now they are making their way into scrypt mining.
That’s making scrypt even more attractive to newbies.
MinerEU is the European distributor for the China-based manufacturer Gridseed. CEO and co-founder Jing Wei explains why it is easier to get into ASIC scrypt mining:
http://www.coindesk.com/mined-100000-dogecoins-one-week/
“The clear advantage of scrypt ASIC mining is lower power consumption. It’s scalable: you can even set up a mining farm at home. It’s also very easy to set it up. We have streamlined the process. [...] In a few minutes you can connect all the parts together.”
It is easier and faster to make money from altcoins rather than investing in expensive and industrial bitcoin mining equipment. Mining equipment manufacturers have already announced refined scrypt-mining equipment.
While Gridseed G-Blade is one of the first to be launched on the market, KnCMiner has already announced their plans to launch their scrypt miner Titan.
Mining Adventures at CoinDesk
Each Gridseed G-Blade miner has two boards with 40 GC335 ASIC chips on each one. This $1,600 miner promises a total hashrate of 5.2M.
We brought two of the two-blade miners into the office. Including installing the relevant software, it took us about an hour to set them up. But, now that we’ve done it once, next time would definitely be quicker.
Gridseed G-blade
http://media.coindesk.com/2014/04/GridseedG-blade.jpg
Depending on what you decide to mine, the return on investment of these miners is three to six months. We decided to mine dogecoin and managed 100,000 doge with two miners in a week.
That’s not a bad start to our scrypt mining career, but it’s certainly possible to improve on the ROI by using the multipool.
Wei says:
“In theory the smart switching technology should give you a higher return that mining one type of alternative coin, but the problem with that is the switching process. If we switch it over from one coin to another, the calculation power will be lost during the transition.”
While we’ve parted with the miners, we’re still working out what to do with our $58 worth of dogecoin – suggestions welcome in the comments below.
http://www.coindesk.com/mined-100000-dogecoins-one-week/
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