Author

Topic: Freicoin mining... how long? (Read 831 times)

legendary
Activity: 1344
Merit: 1004
May 04, 2013, 01:05:37 AM
#2
At 21 mhash and current diff of 32243, it would take you on average 76.8 days (depending on good/bad luck) to find a freicoin block. Mine in a pool instead.
newbie
Activity: 12
Merit: 0
May 01, 2013, 04:59:07 AM
#1
Hi,
I had just found a thread last night on how to do mining for Freicoin, just curious as to how long I would need to wait  Wink

CGMiner reports the following for my meager 5450 1Gb on a PCIe x1
http://members.ozemail.com.au/~nekjevic/New%20Site/digital%20currency/Freicoin%20-%20cgminer.jpg
The (5s) goes from a low 3-4M up to 14M when I use dynamic and when I use I:9 it can go up to 21M.

I tried about 6 - 8 hours on a pool - over night, and I only got 6 transactions, with each about F 0.058 ~ 0.0608.

So, my question is, how many days would it take me, on average, to find a Freicoin, and IF I do find, what ever I am mining to find... how will I know? will I just see something all of a sudden in my Freicoin wallet? Will it show anything in CGMiner if I have found anything?

Also, if & when I am able to get a better card and CPU etc... - I am planing for  a X79 mobo (better longevity due to the Xeon range) with most likely a low end six core or a xeon cpu and hopefully an El Cheapo 7970 card, if I start mining for Litecoin or Bitcoin, or another newer one, like Feather coin, will I just use the same set-up? Huh

Please, do not tell me about pools, since I might leave this anemic computer* on pools and the new one to try it out for solo. As for electricity, I have a Solar array, of which would cover most of the electricity ;-) I may add another GPU in the new one, so on one the mining can be hapening, and the other gpu for browsing and casual gaming, and when not in use, to get it to be mining on another coin.

Would I be correct / right, that if I stop the mining, I loose the "block chain" and my possibility to find something will be reset, or does it start "mining" a new block as soon as one is detected on the network Huh

Also, one last question, what does the "Best Share" mean and the "Q:4166" of which now is 4297?...

Thank you,
A new newbie  Grin

* I am using an Intel Atom 330 1.6GHz dual core with a Radeon 5450 1GB (650/406 @ 1v), nothing overclocked.
My other current pc, of which I am not using yet, since I just got a new HDD due to failure of the primary drive, is a Q8400 with a 9600GT 2GB.
And yes, I know they are ancient, but being on a pension does not help  Cry I was just able to find a job, so keeping my hopes that I am able to do something with these pc's. I am planing on getting the 7970 first and puting it in the with the Q8400 and slowly if I am getting returns to be able to purchase the other parts  Wink
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