It will never again be so easy to mine Namecoins as it is now... So I guess keeping them is the best thing to do... I even bought 455 NC as an investment...
If you're mining for the namecoins it will be a lot harder, but if you're mining for bitcoins it will be a lot easier. Over all it's the same. 
Topic: Mining Namecoins is now 2x more profitable than Bitcoins - page 12. (Read 55320 times)
Who is selling and who is holding at the moment? I want some speculation trolls in here.
Thought about that, electricity for 3-4 days? I'll just keep them...
Think about next year... Merged mining will be the standard, so Namecoin difficulty will be sky high, price may go up 3 times or more...
It will never again be so easy to mine Namecoins as it is now... So I guess keeping them is the best thing to do... I even bought 455 NC as an investment...
For now, i decided to pool.
my not so good calculations tells me that i can get around 1 block worth of coins daily, which is not too far off from what i'm getting right now.
my not so good calculations tells me that i can get around 1 block worth of coins daily, which is not too far off from what i'm getting right now.
Is solo mining NMC more profitable than mining in a pool with 840 Mhash/sec?
Some things to consider:
- stale shares, pool vs solo
- pool connectivity issues
- pool fees
Luck plays a big factor and variance can be a ruthless beast.
I found 5 blocks in 18 hours
then 0 the next 24 hours with the same hash rate!
I agree with you. I am saying that there's some people here who invest 100% in Bitcoin and 0 in Namecoin, and this topic makes them feel insecure and sometimes emotional. Just saying it could ruin the thread.
I know. But it started since 2 days ago. So at least 3 day's solid profit.
If every bitcoin miner had jumped it would have lasted just a few hours.
Personally I feel namecoin is actually better since it has some real value (registering domains), with full same attributes as BTC has. I have to continue to convert it to BTC though as I'm worried the history will repeat, like what happened last time when the difficulty spiked and price fell at the same time.
Whoa now, let's not bring the trolls running in...
Again, it's my personal opinion and you don't have to act like a troll to acknowledge anything. What I do with namecoin is irrelevant to where the market will go.
I know. But it started since 2 days ago. So at least 3 day's solid profit.
If every bitcoin miner had jumped it would have lasted just a few hours.
Personally I feel namecoin is actually better since it has some real value (registering domains), with full same attributes as BTC has. I have to continue to convert it to BTC though as I'm worried the history will repeat, like what happened last time when the difficulty spiked and price fell at the same time.
Whoa now, let's not call on the trolls to run in...
I know. But it started since 2 days ago. So at least 3 day's solid profit.
If every bitcoin miner had jumped it would have lasted just a few hours.
12 hours if just deepbit mines namecoins.
Personally I feel namecoin is actually better since it has some real value (registering domains), with same full attributes as BTC has. I have to continue to convert it to BTC though as I'm worried the history will repeat, like what happened last time when the difficulty spiked and price fell at the same time.
Who is selling and who is holding at the moment? I want some speculation trolls in here.
I know. But it started since 2 days ago. So at least 3 day's solid profit.
If every bitcoin miner had jumped it would have lasted just a few hours.
I just have one question: why are there some people still mining BTC now? I think they should all switch to namecoin mining for maximizing profits.
It's only going to last until sometime tomorrow, then the complexity is going to skyrocket.
I know. But it started since 2 days ago. So at least 3 day's solid profit.
I just have one question: why are there some people still mining BTC now? I think they should all switch to namecoin mining for maximizing profits.
It's only going to last until sometime tomorrow, then the complexity is going to skyrocket.
I just have one question: why are there some people still mining BTC now? I think they should all switch to namecoin mining for maximizing profits.
Is solo mining NMC more profitable than mining in a pool with 840 Mhash/sec?
Has been for me. I was in the pool for 18 hours and got 15 namecoins. I've been solo mining for about 10 hours and hit a block of 50. That said, it's all luck so it could take you 5 days to find one (or 10 minutes)
I'm also running around 800Mhash.Well, it seems like gambling to me.
I like a steady income, so I'll stick to a pool. 
Sure is
At the rate I was getting in the pool though, you're better off mining bitcoins.Which pool was that ?
Coinotron
Is solo mining NMC more profitable than mining in a pool with 840 Mhash/sec?
Some things to consider:
- stale shares, pool vs solo
- pool connectivity issues
- pool fees
Luck plays a big factor and variance can be a ruthless beast.
I found 5 blocks in 18 hours
then 0 the next 24 hours with the same hash rate!
i guess i can assume i lost the other 4.
hah.
am i using the right formula?
divide by time, multiply by hashrate. set time = 120 seconds (that's about the rate atm), difficulty = 23508.
that's some sicko network speed.
Quote
time = difficulty * 2**32 / hashrate
divide by time, multiply by hashrate. set time = 120 seconds (that's about the rate atm), difficulty = 23508.
Quote
23508* 2^32 hashes / 120s = 841*10^9 hash/s = 783Ghash/s
that's some sicko network speed.
Is solo mining NMC more profitable than mining in a pool with 840 Mhash/sec?
Some things to consider:
- stale shares, pool vs solo
- pool connectivity issues
- pool fees
Luck plays a big factor and variance can be a ruthless beast.
I found 5 blocks in 18 hours
then 0 the next 24 hours with the same hash rate!
Is solo mining NMC more profitable than mining in a pool with 840 Mhash/sec?
Has been for me. I was in the pool for 18 hours and got 15 namecoins. I've been solo mining for about 10 hours and hit a block of 50. That said, it's all luck so it could take you 5 days to find one (or 10 minutes)
I'm also running around 800Mhash.Well, it seems like gambling to me.
I like a steady income, so I'll stick to a pool. Sure is
At the rate I was getting in the pool though, you're better off mining bitcoins.Which pool was that ?
Is solo mining NMC more profitable than mining in a pool with 840 Mhash/sec?
Has been for me. I was in the pool for 18 hours and got 15 namecoins. I've been solo mining for about 10 hours and hit a block of 50. That said, it's all luck so it could take you 5 days to find one (or 10 minutes)
I'm also running around 800Mhash.Well, it seems like gambling to me.
I like a steady income, so I'll stick to a pool. Sure is
At the rate I was getting in the pool though, you're better off mining bitcoins. 
Is solo mining NMC more profitable than mining in a pool with 840 Mhash/sec?
Has been for me. I was in the pool for 18 hours and got 15 namecoins. I've been solo mining for about 10 hours and hit a block of 50. That said, it's all luck so it could take you 5 days to find one (or 10 minutes)
I'm also running around 800Mhash.Well, it seems like gambling to me.
I like a steady income, so I'll stick to a pool. Jump to: