If you had 40MH to mine alt coins... How would you mine them?

digitalindustry

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‘Try to be nice’

Quote from: donjonson on June 25, 2013, 08:07:17 AM

If you had 40MH to mine alt coins... How would you mine them?

- Solo mining
- Your own pool
- Pool PPS
- Pool PPLS

Or any other option...?

So Don want to spill your dirty little secret -

i didn't think so.

ronaldinho_07

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pm stevenlam for further infomations,hehe jk Grin

diatonic

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Quote from: lazydna on June 25, 2013, 08:37:09 PM

Quote from: Hydroponica on June 25, 2013, 08:32:49 PM

Quote from: lazydna on June 25, 2013, 08:24:11 PM

Quote from: Hydroponica on June 25, 2013, 08:12:02 PM

That would mean I have 40GH/s for BTC, so, um, BTC

why would you do that...
say he has 40G or M.hash of power from GPU's.

if profitability of LTC is 30% more then BTC.

he could get 30% - exchange commission from mining LTC over BTC.

if you have a GPU, you have absolutely no reason to be mining BTC.

Mine the BTC, hold it until BTC hits $250 again, ching, ching, rinse, repeat Roll Eyes

then why don't you just mine litecoins, at 30% more profitability, exchange to BTC, and hold?
it only costs 0.002% to exchange from LTC to BTC.

As a GPU miner with about 4.5 MH of scrypt, sha-256 coins sure are easier on my farm. Downclock RAM to nothing, much lower power, never have a GPU hang, but I mine scrypt coins because of the profit. My PSUs can take it and I have free electricity in an air conditioned server room.

lazydna

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Quote from: Hydroponica on June 25, 2013, 08:32:49 PM

Quote from: lazydna on June 25, 2013, 08:24:11 PM

Quote from: Hydroponica on June 25, 2013, 08:12:02 PM

That would mean I have 40GH/s for BTC, so, um, BTC

why would you do that...
say he has 40G or M.hash of power from GPU's.

if profitability of LTC is 30% more then BTC.

he could get 30% - exchange commission from mining LTC over BTC.

if you have a GPU, you have absolutely no reason to be mining BTC.

Mine the BTC, hold it until BTC hits $250 again, ching, ching, rinse, repeat Roll Eyes

then why don't you just mine litecoins, at 30% more profitability, exchange to BTC, and hold?
it only costs 0.002% to exchange from LTC to BTC.

Hydroponica

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fml

Quote from: lazydna on June 25, 2013, 08:24:11 PM

Quote from: Hydroponica on June 25, 2013, 08:12:02 PM

That would mean I have 40GH/s for BTC, so, um, BTC

why would you do that...
say he has 40G or M.hash of power from GPU's.

if profitability of LTC is 30% more then BTC.

he could get 30% - exchange commission from mining LTC over BTC.

if you have a GPU, you have absolutely no reason to be mining BTC.

Mine the BTC, hold it until BTC hits $250 again, ching, ching, rinse, repeat Roll Eyes

lazydna

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Quote from: Hydroponica on June 25, 2013, 08:12:02 PM

That would mean I have 40GH/s for BTC, so, um, BTC

why would you do that...
say he has 40G or M.hash of power from GPU's.

if profitability of LTC is 30% more then BTC.

he could get 30% - exchange commission from mining LTC over BTC.

if you have a GPU, you have absolutely no reason to be mining BTC.

Hydroponica

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fml

That would mean I have 40GH/s for BTC, so, um, BTC

coinerd

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Quote from: Cyberdyne on June 25, 2013, 07:54:44 PM

I would just ship it off to litecoinpool - Is that PPS?

Mining noob here getting 50 40 kH/s.

Why do these people not solo mine?

Top Current Hash Rates
User   kH/s   LTC/d
1   asun023   163,213   204.7
2   omgomg   78,909   99.0
3   yochdog   75,393   94.6
4   stanwolls   72,471   90.9
5   fjshwyh   66,906   83.9
6   trungkd41   50,038   62.8
7   cowcow   49,045   61.5
8   savumi   44,019   55.2
9   Boozer   43,928   55.1

Because this way they get part of any blocks you find, too (that works both ways).

This is reasonable on Litecoin.

If you're arriving with 300 - 400% the network hash rate, it's not a problem and you don't need to share.

Cyberdyne

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Quote from: anderl on June 25, 2013, 07:16:25 PM

Quote from: donjonson on June 25, 2013, 08:07:17 AM

If you had 40MH to mine alt coins... How would you mine them?

- Solo mining
- Your own pool
- Pool PPS
- Pool PPLS

Or any other option...?

depends on the size of the network you are trying to mine and what you are mining for, speculation, investment, cash flow?

but with 40MHs you would be good to solo mine.

Why do these people not solo mine?

Top Current Hash Rates
User   kH/s   LTC/d
1   asun023   163,213   204.7
2   omgomg   78,909   99.0
3   yochdog   75,393   94.6
4   stanwolls   72,471   90.9
5   fjshwyh   66,906   83.9
6   trungkd41   50,038   62.8
7   cowcow   49,045   61.5
8   savumi   44,019   55.2
9   Boozer   43,928   55.1

Cyberdyne

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I would just ship it off to litecoinpool - Is that PPS?

Mining noob here getting 50 40 kH/s.

anderl

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Quote from: donjonson on June 25, 2013, 08:07:17 AM

If you had 40MH to mine alt coins... How would you mine them?

- Solo mining
- Your own pool
- Pool PPS
- Pool PPLS

Or any other option...?

depends on the size of the network you are trying to mine and what you are mining for, speculation, investment, cash flow?

but with 40MHs you would be good to solo mine.

coinerd

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Very Happily Grin

(Says a guy with about 9 Kh/s)

donjonson

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Sorry guys I just edited the original question. I was meaning 40MH!

The question remains the same.

cp1

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Stop using branwallets

If you could mine at 40GH/sec for scrypt doesn't that translate to 40TH/sec for bitcoin? I'd do bitcion at that rate.

diatonic

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I'd mine solo on any scrypt coins, and probably mmpool for BTC/NMC/IXC/DVC if I didn't feel like constantly trying to maximize profit.

temor

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Quote from: tom_o on June 25, 2013, 10:12:12 AM

Or just 51% them all.

This.

I would then put some on Litecoin and the rest on Bitcoin. The rest can and will burn in a special place in hell.

JohnDorien

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solo.

marhjan

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Poorer than I ought to be

I would probably be mining bitcoin with 40Ghash

koin

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Quote from: donjonson on June 25, 2013, 08:07:17 AM

Or any other option...?

sell the hardware and buy at an exchange?

tom_o

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Or just 51% them all.

Topic: If you had 40MH to mine alt coins... How would you mine them? (Read 1542 times)