Hello,
i am a noob in mining cryptocurrencies and used my compac bm1384 to grind some Gridcoins on Bitcoin Utopia. Sadly, Bitcoin Utopia has been voted out of the whitelist so that this doesn´t work any more. Now i am searching for an alternative currency to mine on the compac bm1384. Mining Bitcoins with it is a loosing deal, because of the power costs (at least where i am).
So what is your recommendation ? What currency is best to grind with the Compac ?
Regards,
impact79
The best thing you can do when it comes to alt coin mining is to do a great deal of research. I'm not saying this to pass you off or ignore your question, but the reality is that no one here knows specifically what you have, your power costs, your time allotted to mining, your control setup, etc... See what I mean? There's tons of variables just in a single stick mining setup that would have to be accounted for.
Now, as for the ASIC's themselves, they'll mine anything that supports SHA256 but sadly, most coins that use that algo are either going to be tough to mine or so cheap on the return that you won't get much of anything for them.
Here's what I would suggest to you though. Do you have a GPU you can spare? Have you heard of ZPool and Miner Control? Do you get excited when it comes to editing conf files? If you answered yes to most of this, then alt algo mining is most likely the answer for you.
In the interest of trying to be helpful though, if you tell me about your setup, I may be able to help but I make no guarantees.
Here's what I need to know:
What's your power cost per kilowatt hour?
What are you running your stick(s) on and how many are you using?
What are their frequencies?
What software are you using to drive them?
How much time during the day do you spare for mining?
This should at least give us a good grounding and we can go from there.