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Topic: Ethereum mining still profitable? - page 62. (Read 131243 times)

newbie
Activity: 13
Merit: 0
February 19, 2016, 04:43:10 PM
I figured it out myself, sorry for tarding up the board. Mods feel free to delete these last few posts.
newbie
Activity: 13
Merit: 0
February 19, 2016, 12:12:49 PM
OK, I found the following:
https://etherchain.org/account/0x5824099a4f843df2d601113c4ac08b51cb3e1d78

It shows my account balance. Why does it show as 0 locally from geth attach? How the heck do I access my funds?
newbie
Activity: 13
Merit: 0
February 19, 2016, 11:47:41 AM
Sorry for noobing up the thread.

I just got started with mining. I'm using nanopool.

http://nanopool.org/account/0x5824099a4f843df2d601113c4ac08b51cb3e1d78

It shows a payment having been made.

However, when I check my balance locally, I see

> eth.coinbase
"0x5824099a4f843df2d601113c4ac08b51cb3e1d78"
> eth.getBalance(eth.coinbase)
0
>

If I received a payment, why is my balance 0? Where did my payment go? Please help!
full member
Activity: 201
Merit: 100
February 19, 2016, 08:18:20 AM
But the Dash's difficulty is still around 37xx. It has been there for very long time. I am not sure if that miner is real or not.
I agree with you. Rumours of X11 ASICs have been around for years. But the total mining market on X11 is quite small, and I am not sure it will justify a development of proper ASICs.


When the Scrypt ASIC came out, litecoin coin was worth hundreds of millions. Now, the Dash and other X11 coins are worth less than $100 m.
newbie
Activity: 19
Merit: 0
February 19, 2016, 08:05:32 AM
But the Dash's difficulty is still around 37xx. It has been there for very long time. I am not sure if that miner is real or not.
I agree with you. Rumours of X11 ASICs have been around for years. But the total mining market on X11 is quite small, and I am not sure it will justify a development of proper ASICs.
sr. member
Activity: 428
Merit: 250
February 19, 2016, 07:47:53 AM
But the Dash's difficulty is still around 37xx. It has been there for very long time. I am not sure if that miner is real or not.
legendary
Activity: 1050
Merit: 1293
Huh?
February 19, 2016, 07:22:53 AM
Is the DAG algorithm used by Ethereum ASIC resistant? I just saw the ASIC of X11 is coming out in another thread.

Yes it's Asic resistant (for now) . Although, i don't think they will be developed because the mining will end a few months anyway.

Asic/Fpga for X11 has been out there for a while now. It has just been made public and they're going to sell it to the public now.

But as you may realize, they're not going to sell something before they give it a "test"run for a few days/weeks :p.
full member
Activity: 195
Merit: 104
February 19, 2016, 07:15:28 AM
Is the DAG algorithm used by Ethereum ASIC resistant? I just saw the ASIC of X11 is coming out in another thread.
legendary
Activity: 1050
Merit: 1293
Huh?
February 19, 2016, 07:07:39 AM
We have not heard from Wolf0 recently. What is he doing? Is he working on improving the Etherminer? Any rumours?

Rumours? Yeah, he's watching pron.. (that's the last i heard..)

Regarding ethereum? I'll try to quote it: --- "To much work for only that little bit of improvement." --- Something like that

So ethereum will probably stay like this for a while, if not until the mining stops.
full member
Activity: 195
Merit: 104
February 19, 2016, 06:58:46 AM
We have not heard from Wolf0 recently. What is he doing? Is he working on improving the Etherminer? Any rumours?
sr. member
Activity: 308
Merit: 250
February 19, 2016, 04:50:49 AM
There is no private ethereum miner. The open source one is already very efficient. If somebody offers you one, it is a virus.

Sounds like someone has their hands on a private ethereum miner Smiley

Its totally impossible to set up all this stuff Ive been trying with days with slow progress Feel like a retard maybe I will wait for the next phase to become involved in Ethereum

Do you mean you want to improve the open source Etherminer? Some programmer said it is already very fast.
sr. member
Activity: 325
Merit: 250
February 19, 2016, 04:14:37 AM
There is no private ethereum miner. The open source one is already very efficient. If somebody offers you one, it is a virus.

Sounds like someone has their hands on a private ethereum miner Smiley

Its totally impossible to set up all this stuff Ive been trying with days with slow progress Feel like a retard maybe I will wait for the next phase to become involved in Ethereum
sr. member
Activity: 340
Merit: 250
February 19, 2016, 04:08:53 AM
There is no private ethereum miner. The open source one is already very efficient. If somebody offers you one, it is a virus.

Sounds like someone has their hands on a private ethereum miner Smiley
sr. member
Activity: 252
Merit: 250
February 19, 2016, 03:56:06 AM
Is there a faster private ethereum miner out there for AMD GPUs? Specifically Tahiti and Hawaii cards? If so, I'd like to buy it. Contact me by PM.

There is no private ethereum miner. The open source one is already very efficient. If somebody offers you one, it is a virus.
full member
Activity: 168
Merit: 100
February 19, 2016, 03:37:59 AM
I have 2x AMD Radeon R9 380 4gb running at low 70s degrees C and I'm getting about 38 MH/s mining through nanopool.

Can someone advise me if these numbers are reasonable? I'm running Windows 10, is that hurting me?

Thanks very much for the help!

This number is quite reasonable. It is about 19MH/s for each card. It is slower than 280x. But it will reduce in the future due to DAG increase.
newbie
Activity: 13
Merit: 0
February 19, 2016, 03:13:42 AM
I have 2x AMD Radeon R9 380 4gb running at low 70s degrees C and I'm getting about 38 MH/s mining through nanopool.

Can someone advise me if these numbers are reasonable? I'm running Windows 10, is that hurting me?

Thanks very much for the help!
legendary
Activity: 1078
Merit: 1011
February 18, 2016, 10:06:43 PM
Its surprising that the difficulty went down slightly for the last 2 days.

Is that because something is wrong with the mining farms. Or miners are mining other profitable coins we do not know?

There are more profitable coins out there but you have to find them.

Yes, the thing with most miners is you need to stay on top of which coin/algorithm is the most profitable at any given moment, as most pure profit miners simply mien and dump at current market prices, this the network hash-rate will somewhat follow the general price trend of a coin.
 
For the true believers mining and holding this isn't as much a factor, so their hash-rate contributions will remain constant, but then they are also playing the speculation game in that the value of the coin they are mining, in this case ETH, will go up and provide more profits in the future.

While I can see how some would think this way, it still may be better to always mine the most profitable coin any given day, sell at current prices to lock in the profit. Then if you want to speculate you can use your earnings to buy the coin you wish to speculate with. You will end up with more coins in the long run.
legendary
Activity: 1596
Merit: 1000
February 18, 2016, 10:02:57 PM
Is there a faster private ethereum miner out there for AMD GPUs? Specifically Tahiti and Hawaii cards? If so, I'd like to buy it. Contact me by PM.
legendary
Activity: 1148
Merit: 1001
February 18, 2016, 08:49:42 PM
Its surprising that the difficulty went down slightly for the last 2 days.

Is that because something is wrong with the mining farms. Or miners are mining other profitable coins we do not know?

There are more profitable coins out there but you have to find them.
full member
Activity: 201
Merit: 100
February 18, 2016, 03:07:08 PM
Its surprising that the difficulty went down slightly for the last 2 days.

Is that because something is wrong with the mining farms. Or miners are mining other profitable coins we do not know?
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