[FCN] Fantomcoin. CN based, anonymous. Merge mine with BCN, XMR, QCN, duck. - page 21.

bitcoinbear

hero member

Activity: 518

Merit: 500

Hi fellas!

While new marketing campaign is in development I'd like you to play a little game. Grin

Name the winner of the FIFA 2014 World Cup and receive 201.4 FCN! (In case of multiple winners the first one to name it receives the reward)

This will be also posted in twitter - so spread the soccer love.

argentinx

member

Activity: 109

Merit: 10

I think he's telling
tell me how to do
and I put in my pool
asddddddddddd

EndlessWin

full member

Activity: 139

Merit: 100

Quote from: superresistant on June 30, 2014, 05:09:38 AM

I may add Fantomcoin merge mining on my pool if you guys support it.

wow! that would be great! are you capable of something like this? from what i've heard it's no trivial task

superresistant

legendary

Activity: 2156

Merit: 1131

I may add Fantomcoin merge mining on my pool if you guys support it.

mafostedu

full member

Activity: 171

Merit: 100

Quote from: c789 on June 30, 2014, 01:25:57 AM

Quote from: mafostedu on June 29, 2014, 11:30:37 PM

Sorry for the noob question but I couldn't find the answer of it so I guess this is the right place Tongue

What is the meaning of merged mining actually ?

Does it mean we use same resources to mine more than one coin & still get the same number of primary coin + as a gift we get another extra coin ?
OR it simply divides our resources to mine more than one coin ?

e.g. If I have 10kH/s power I could mine about 20 XMR or 120 FCN, so if I use the same hashpower for merge mining, would I get the total of both (20XMR + 120 FCN) or it will be divided to mine both coins & actually I would get about 10 XMR + 60 FCN ?

If your computer mines one coin at 50H/s, if you merge mine you'll get the benefit of both coins being mined at a rate of 50H/s each. No extra power is needed. If you find a block on Coin A, you only get coins for Coin A, but both are hashing at 50H. If you find a block for Coin B, you only get coins for Coin B.

In solo minining (merged mining is a form of solo mining), no matter what your setup is, you only get coins when you find a block, but you get the whole block reward if/when you find a block. If you're pool mining, you get get only what your hash rate can produce, minus pool fees and donations, but you're guaranteed that rate (assuming the pool itself has found blocks. The pool then divides those blocks and pays its miners according to their hash rate).

Solo mining has a factor of luck. Actually, I don't like that word, because "luck" in this sense is dependent upon many factors, some of which are the number of other miners on the network (you're all competing for the same blocks), your hash speed...well, I believe those are the two biggest factors. Someone please correct me otherwise.

Well, first of all thanks for the detailed explanation but I am not that much noob either Cheesy

, as I have been in mining process since last August just never dealt with any merged mining coins. Again from what you have explained above, my question is still unanswered ! BTW, my concern is regarding pool mining, not solo because I mine with GPUs & at present there is no Solo GPU miner available for CN-Coins if I am not wrong.

EndlessWin

full member

Activity: 139

Merit: 100

Quote from: PeaMine on June 29, 2014, 02:33:21 PM

Indeed be careful with laptops.
With that being said, I use a $600 gaming laptop, gets around 120hs using 4 of 8 HT cores.
Also has two 660Ms, though I only hash light stuff on them.
If you have cheap electric, you can grab a decent amount in a few months from mining! I bought it back before asics got so popular, and still run it on other algos.

I also keep two giant fans under the laptop and check temps all day, it's pretty easy on it, and energy efficient, around 270 watts at the wall max load which I rarely do.

are fans working on its fullest? i wonder if it would be more profitable (and not too risky) to mine on 6(7)/8 and tune up fans a little.

c789

hero member

Activity: 850

Merit: 1000

Quote from: mafostedu on June 29, 2014, 11:30:37 PM

Sorry for the noob question but I couldn't find the answer of it so I guess this is the right place Tongue

What is the meaning of merged mining actually ?

Does it mean we use same resources to mine more than one coin & still get the same number of primary coin + as a gift we get another extra coin ?
OR it simply divides our resources to mine more than one coin ?

e.g. If I have 10kH/s power I could mine about 20 XMR or 120 FCN, so if I use the same hashpower for merge mining, would I get the total of both (20XMR + 120 FCN) or it will be divided to mine both coins & actually I would get about 10 XMR + 60 FCN ?

If your computer mines one coin at 50H/s, if you merge mine you'll get the benefit of both coins being mined at a rate of 50H/s each. No extra power is needed. If you find a block on Coin A, you only get coins for Coin A, but both are hashing at 50H. If you find a block for Coin B, you only get coins for Coin B.

In solo minining (merged mining is a form of solo mining), no matter what your setup is, you only get coins when you find a block, but you get the whole block reward if/when you find a block. If you're pool mining, you get get only what your hash rate can produce, minus pool fees and donations, but you're guaranteed that rate (assuming the pool itself has found blocks. The pool then divides those blocks and pays its miners according to their hash rate).

Solo mining has a factor of luck. Actually, I don't like that word, because "luck" in this sense is dependent upon many factors, some of which are the number of other miners on the network (you're all competing for the same blocks), your hash speed...well, I believe those are the two biggest factors. Someone please correct me otherwise.

mafostedu

full member

Activity: 171

Merit: 100

Sorry for the noob question but I couldn't find the answer of it so I guess this is the right place Tongue

What is the meaning of merged mining actually ?

Does it mean we use same resources to mine more than one coin & still get the same number of primary coin + as a gift we get another extra coin ?
OR it simply divides our resources to mine more than one coin ?

e.g. If I have 10kH/s power I could mine about 20 XMR or 120 FCN, so if I use the same hashpower for merge mining, would I get the total of both (20XMR + 120 FCN) or it will be divided to mine both coins & actually I would get about 10 XMR + 60 FCN ?

PeaMine

hero member

Activity: 979

Merit: 510

Indeed be careful with laptops.
With that being said, I use a $600 gaming laptop, gets around 120hs using 4 of 8 HT cores.
Also has two 660Ms, though I only hash light stuff on them.
If you have cheap electric, you can grab a decent amount in a few months from mining! I bought it back before asics got so popular, and still run it on other algos.

I also keep two giant fans under the laptop and check temps all day, it's pretty easy on it, and energy efficient, around 270 watts at the wall max load which I rarely do.

c789

hero member

Activity: 850

Merit: 1000

Quote from: ShitHappens on June 29, 2014, 02:28:38 AM

Quote from: BreakingBAD on June 29, 2014, 02:20:49 AM

I think I begin to mine on my laptop, but I doubt whether it will be profitable for me. Does anyone using a laptop for mining?

I wouldn't recommend it. Mining doesn't pay off, if you'll use laptop.

PS What software is installed on your laptop?

Mining from the CPU of a laptop is not recommended because most laptops weren't designed to handle the heat from a constant load (like mining). If you don't care much about the laptop and insist on mining from it, mine at (t-1) threads (so if you have 4 threads, use only 3 for mining). Even in this case, it will still put out a lot of heat and the fan will run near full speed constantly.

BreakingBAD has a point too...the electricity probably costs more than what you'll be able to make in coins from your laptop's CPU. I've seen calculators in one of the CN threads...do a search for it. Keep in mind that calculators are based off the present price of the coin. If the price of the coin rises, then it may be worth it to mine (not factoring in the possible heat damage).

One of my miners is a laptop without a hard drive (runs Xubuntu from a USB flash drive). It gets ~40H, and I wouldn't be doing this if I really needed the laptop. I happened to get it very cheap so I don't mind. I mine on it because I believe the price of FCN will rise. Good luck

NoDreamsWatching

newbie

Activity: 74

Merit: 0

How much coins are mined at this point? Where can I find this info?

SunSeeder

member

Activity: 124

Merit: 10

I wonder do MM coins are popular among miners?

IMO, the FCN is one of the best representatives of CN-based coins

ShitHappens

member

Activity: 74

Merit: 10

“Everyone Is A Bank”

Quote from: BreakingBAD on June 29, 2014, 02:20:49 AM

I think I begin to mine on my laptop, but I doubt whether it will be profitable for me. Does anyone using a laptop for mining?

I wouldn't recommend it. Mining doesn't pay off, if you'll use laptop.

PS What software is installed on your laptop?

BreakingBAD

member

Activity: 93

Merit: 10

I think I begin to mine on my laptop, but I doubt whether it will be profitable for me. Does anyone using a laptop for mining?

GVanelly

member

Activity: 247

Merit: 10

Quote from: Zickafa on June 29, 2014, 02:11:44 AM

How do you think trading volume of fcn is related to the demand?

There is relationship between them cos this is market. "trading volume of fcn" is like a price of goods and services, which is depend of demand to FCN

Zickafa

member

Activity: 112

Merit: 12

Quote from: Lyomon86 on June 29, 2014, 02:07:42 AM

Quote from: argentinx on June 28, 2014, 04:07:07 PM

currently trading volume of fcn
is very low
you think can get up fcn with a pool?

Of course!
Today only owners of good equipment or adventurers, hoping for good luck, can afford solo-mining. That's why I think there is such a low demand for the currency.

How do you think trading volume of fcn is related to the demand?

Lyomon86

member

Activity: 96

Merit: 10

Quote from: argentinx on June 28, 2014, 04:07:07 PM

currently trading volume of fcn
is very low
you think can get up fcn with a pool?

Of course!
Today only owners of good equipment or adventurers, hoping for good luck, can afford solo-mining. That's why I think there is such a low demand for the currency.

BillieGin

newbie

Activity: 253

Merit: 0

Quote from: hughjays77 on June 28, 2014, 03:19:42 PM

Yes, It has been a week. Any future plans for Fanthom ?

Quote from: BillieGin on June 28, 2014, 11:26:40 AM

Yes, I noticed there were no new posts from Amphibian for a long time. I missed him Cheesy

I think the next stage of FCN's development is creating a pool, cos it will provide more FCN

argentinx

member

Activity: 109

Merit: 10

currently trading volume of fcn
is very low
you think can get up fcn with a pool?

hughjays77

hero member

Activity: 728

Merit: 504

Yes, It has been a week. Any future plans for Fanthom ?

Quote from: BillieGin on June 28, 2014, 11:26:40 AM

Yes, I noticed there were no new posts from Amphibian for a long time. I missed him Cheesy

Topic: [FCN] Fantomcoin. CN based, anonymous. Merge mine with BCN, XMR, QCN, duck. - page 21. (Read 127167 times)