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Topic: Nervos CKB bringing back GPU Mining?! Dual Mine Ethereum and CKB | How To Mine - page 2. (Read 1994 times)

sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
This is just a network test. I do not understand.
After start this test-coins be transferred to the main network? How?

users will receive a % of the testnet tokens they mined as mainnet coins once they launch their blockchain
hero member
Activity: 1610
Merit: 508
Its interesting however we require more info. It says they raised $28 million in a private sale, and they have an upcoming public sale. And they have this testnet competition and you will be creddited some tokens later in the year when it launches.

However how many tokens will there be in total.

Lets assume the public sale is $72 million so market cap of $100 million or so. And lets say there are 100,000,000 tokens in total. How many of those will be given away? I am assuming its a small number like 1%. So its like mining a $1 million market cap coin however this is assuming when it launches it will hold its value, it might tank or the public sale can fail and could be worth less.

ETH miner revenue is $2.5 million daily. So I don't this will be worth even dual-mining.

They raised 69 mln already. And this is crazy amount. I don't understand people who invest in such projects nowdays. For example hedera raised 100 mln and now is trading just 0.3x from ICO price (while just 2% tokens in circulating)
newbie
Activity: 55
Merit: 0
This is just a network test. I do not understand.
After start this test-coins be transferred to the main network? How?
jr. member
Activity: 155
Merit: 6
Does the testnet mining conclude today or has it been push thru 11/16?
full member
Activity: 1148
Merit: 132
1 cent per tooen , now sure how this will be profitable, even wheb eth launched they had .33 cents per token , not sure if it everc dpippee below that.
sr. member
Activity: 1344
Merit: 252
Its interesting however we require more info. It says they raised $28 million in a private sale, and they have an upcoming public sale. And they have this testnet competition and you will be creddited some tokens later in the year when it launches.

However how many tokens will there be in total.

Lets assume the public sale is $72 million so market cap of $100 million or so. And lets say there are 100,000,000 tokens in total. How many of those will be given away? I am assuming its a small number like 1%. So its like mining a $1 million market cap coin however this is assuming when it launches it will hold its value, it might tank or the public sale can fail and could be worth less.

ETH miner revenue is $2.5 million daily. So I don't this will be worth even dual-mining.
They already did token sale, was rised about $67M if Im not mistaken. There will be 12.3B of tokens issued with mainnet launch https://medium.com/nervosnetwork/nervos-ckb-official-public-sale-announcement-431438f4cc39
Ratio of mined testnet coins to mainnet coins will be about 10:1
Something like that
hero member
Activity: 2548
Merit: 626
legendary
Activity: 3808
Merit: 1723
Its interesting however we require more info. It says they raised $28 million in a private sale, and they have an upcoming public sale. And they have this testnet competition and you will be creddited some tokens later in the year when it launches.

However how many tokens will there be in total.

Lets assume the public sale is $72 million so market cap of $100 million or so. And lets say there are 100,000,000 tokens in total. How many of those will be given away? I am assuming its a small number like 1%. So its like mining a $1 million market cap coin however this is assuming when it launches it will hold its value, it might tank or the public sale can fail and could be worth less.

ETH miner revenue is $2.5 million daily. So I don't this will be worth even dual-mining.
hero member
Activity: 2548
Merit: 769
I`m looking at this coin more than a month but see just testnet. It can be interesting even without dual mining, but right now i cant mine for the future profit. As for me - i would wait the mainnet first.
full member
Activity: 1148
Merit: 132
this article is late as hell actually lol , this is the final round of the test net contest , last 4 rounds were 6 7 8 and 9 mill lol typical  vosk reactive post . Most of test net contest coins have been mined lol


, btw hows loki doing thee days lol

the 2 biggest contest reward pools are still upcoming, but appreciate the needless and senseless hate.

and loki is doing much better than your bitcoin interest.

you have a point there lo
newbie
Activity: 7
Merit: 0
any one have started mining CBK " The 3rd stage of CKB mining competition has started at 6:05, 2nd, Nov(UTC+8), we have generated the bill of your income during 2nd stage"
jr. member
Activity: 169
Merit: 1
is there any option to dual mine on amd? i can see bminer and nbminer both can be dual mined however only with NVIDIA
also rx 580 8GB prerform only 350Mhs solo mining, not good.
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
this article is late as hell actually lol , this is the final round of the test net contest , last 4 rounds were 6 7 8 and 9 mill lol typical  vosk reactive post . Most of test net contest coins have been mined lol


, btw hows loki doing thee days lol

the 2 biggest contest reward pools are still upcoming, but appreciate the needless and senseless hate.

and loki is doing much better than your bitcoin interest.
full member
Activity: 1148
Merit: 132
this article is late as hell actually lol , this is the final round of the test net contest , last 4 rounds were 6 7 8 and 9 mill lol typical  vosk reactive post . Most of test net contest coins have been mined lol


, btw hows loki doing thee days lol
jr. member
Activity: 109
Merit: 1
 I should mine on account f2pool, and make a wallet when the mainnet is start? I understood it correctly? I am sorry for my English... Thanks for reply
legendary
Activity: 3444
Merit: 1061
Why would some ico shitcoin testnet mining (where the centralized authority credits mainnet later) be the savior of gpu mining. That's like a bad joke and nobody is laughing.

ethereum just did that
^^ lol


people cry about the mining situation, and then a new coin launches thats pow and people hate on it / dont support it to any degree

Those will be the same people crying when theres no pow options left anymore
No that's why you adapt, gpu mining has already been struggling for a while, especially at standard power rates. I suggest those who like being able to switch algorithms really take a closer look into fpga.

Thats sounds great, but the problem is FPGAs have so much downside.

1. It's not cheap (unless you want to earn pennies as a hobby with those small ones)
2. There is a learning curve that requires a bit more effort than GPU mining (what is a bitstream)
3. Resale is difficult
4. Even buying one can be risky, with so many scams out there.

Basically theres simply much more effort to be done than what most people are used to. That could be a good thing for the niche, but doesn't sound too enticing to take a closer look at especially if the profits are not considerably larger (prove me wrong?).



1. Neither are 3 high end gpu's
2. Learn or die, mining doesn't need to be a simple gui
3. It's not
4. same with everything online, learn or die.

Theres not much effort to be done but it isn't plug and play. Learning is key but to those who learn goes the spoils.

yeah it is good to have fpga too if you can, but look at the coin team's perspective. of course you want to launch a coin with millions of audience/miners(gpu) instead of a significantly few fpga miners.  
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
might take a look still have a few eth rigs going assuming the guarantee to pay out test net tokens

i trust f2pool, the formula might be a bit hazy, but im sure they will pay out SOMETHING Tongue
taken from the site:
"Conversion Ratio = F2Pool CKB mainnet reward ÷ F2Pool CKB testnet total reward = 1,258,481 ÷ 17,166,787 = 0.0733"
ive mined like 500 testnet coins in a few days with just 2 cards, not bad

full member
Activity: 1148
Merit: 132
might take a look still have a few eth rigs going assuming the guarantee to pay out test net tokens
sr. member
Activity: 784
Merit: 282
Why would some ico shitcoin testnet mining (where the centralized authority credits mainnet later) be the savior of gpu mining. That's like a bad joke and nobody is laughing.

ethereum just did that
^^ lol


people cry about the mining situation, and then a new coin launches thats pow and people hate on it / dont support it to any degree

Those will be the same people crying when theres no pow options left anymore
No that's why you adapt, gpu mining has already been struggling for a while, especially at standard power rates. I suggest those who like being able to switch algorithms really take a closer look into fpga.

Thats sounds great, but the problem is FPGAs have so much downside.

1. It's not cheap (unless you want to earn pennies as a hobby with those small ones)
2. There is a learning curve that requires a bit more effort than GPU mining (what is a bitstream)
3. Resale is difficult
4. Even buying one can be risky, with so many scams out there.

Basically theres simply much more effort to be done than what most people are used to. That could be a good thing for the niche, but doesn't sound too enticing to take a closer look at especially if the profits are not considerably larger (prove me wrong?).


sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
Why would some ico shitcoin testnet mining (where the centralized authority credits mainnet later) be the savior of gpu mining. That's like a bad joke and nobody is laughing.

ethereum just did that
^^ lol


people cry about the mining situation, and then a new coin launches thats pow and people hate on it / dont support it to any degree

Those will be the same people crying when theres no pow options left anymore
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