Author

Topic: Emercoin ASIC Mining (Read 1713 times)

newbie
Activity: 5
Merit: 0
February 01, 2017, 03:40:51 PM
#3
Hi CrimsonGT,

As of this moment, a 4.7TH/s S7 would net you about 10.4 EMC per day. The difficulty has risen significantly along with the price. This would be about $4.63 a day. If you have the money laying around you might as well jump on a new S9 when the price drops a little.

If your electricity is cheap you can certainly profit from mining. If you don't want to deal with the electric bill increase as you are mining and holding your EMC, I would suggest buying some from an exchange. Personally I enjoy mining and even when I want to purchase coins I usually end up purchasing extra hashing power and mining them instead. It doesn't matter to me if my profitability falls slightly in the red because I believe the coin is still significantly undervalued at this point.

If you want to get an S7 at a good price and quickly I'd recommend buying from Scott at holybitcoin.com. I've purchased from him before and had no issues.

If you want to learn more about Emercoin feel free to ask. There is a lot of development in progress and great projects on the horizon for EMC so you've placed your faith well. I'm always here to help!

Hi,
I came over this coin a few days ago and have been trying to mine it for a coupple of days. It might be the pool that has some issues, but even with 350+Th for 10 straight hours, the pool found 2 blocks. I am NO expert on this, but that seems a little odd.
I was providing 200 of the Th, but after this result, im on the verge of dumping this.

Do you have any idea on what can cause this? or if you know of other working pools, couse I see that blocks are being found(blockexploerer) but NONE comes to the pool ive been mining.
For the record, I'm pretty new at this, so spoonfeeding would be prefered! Smiley

Best regards

Link93
legendary
Activity: 1470
Merit: 1021
July 20, 2016, 10:06:46 PM
#2
Hi CrimsonGT,

As of this moment, a 4.7TH/s S7 would net you about 10.4 EMC per day. The difficulty has risen significantly along with the price. This would be about $4.63 a day. If you have the money laying around you might as well jump on a new S9 when the price drops a little.

If your electricity is cheap you can certainly profit from mining. If you don't want to deal with the electric bill increase as you are mining and holding your EMC, I would suggest buying some from an exchange. Personally I enjoy mining and even when I want to purchase coins I usually end up purchasing extra hashing power and mining them instead. It doesn't matter to me if my profitability falls slightly in the red because I believe the coin is still significantly undervalued at this point.

If you want to get an S7 at a good price and quickly I'd recommend buying from Scott at holybitcoin.com. I've purchased from him before and had no issues.

If you want to learn more about Emercoin feel free to ask. There is a lot of development in progress and great projects on the horizon for EMC so you've placed your faith well. I'm always here to help!
full member
Activity: 462
Merit: 100
July 10, 2016, 04:28:55 AM
#1
While I realize altcoin mining is really not profitable, I have personally developed a lot of faith in Emercoin and would like to start mining it. As this is a SHA256 coin, I am currently looking to purchase an ASIC miner from Amazon to get started. I'm currently looking at the Antminer S7 which mines at 4.7TH/s and sells for 599$/ea. After sticking all of the numbers into the mining calculator at bitmakler.net, this is reporting I am going to make 18426.29$/month.

My question is, while I realize this is ridiculously incorrect as everyone would be doing it otherwise, how off is it actually? I am under the impression this ASIC miner can mine Emercoin and pool.emercoin.com is only at 440k/GHashes, where I feel this could be a good investment. The calculator seems to think its going to make me a millionaire in a couple years though so I am quite lost.
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