Nxt profitable minting (mining). $26 - some electric cost PER DAY!!

Wolf0

member

Activity: 81

Merit: 1002

It was only the wind.

Quote from: Enzyme on February 18, 2015, 05:06:06 AM

Hey

If you're wondering, I am the creator of Uranium.
v2 of the coin is the direction of Uranium and I'd like community input before launch.

Be realistic. List your ideal specifications and a maintainable but low, buy wall price.
I will average out the results, add some spice and create the coin.

Thanks!

Maybe SHA3, a starting diff that's not super low, but gives people a chance to accumulate some early.

Wolf0

member

Activity: 81

Merit: 1002

It was only the wind.

Quote from: adaseb on February 04, 2015, 08:07:54 PM

I know its highly unprofitable right now. Which makes me mad because the diff rose sky high after I spend 12 hours configuring my rigs and downloading all the wallets and miners and getting everything set up.

Diff isn't even just high, it's stupid high - this doesn't make sense... unless people are just reading the earlier posts and blindly mining without checking...

Wolf0

member

Activity: 81

Merit: 1002

It was only the wind.

Quote from: Yanakitu Tenatako on February 04, 2015, 04:44:13 PM

Quote from: Wolf0 on February 04, 2015, 04:35:34 PM

Quote from: ol92 on February 04, 2015, 04:06:37 PM

Quote from: Yanakitu Tenatako on February 04, 2015, 02:28:31 PM

Quote from: Taxidermista on February 04, 2015, 08:05:03 AM

Quote from: Yanakitu Tenatako on February 03, 2015, 07:23:17 PM

@current diff, 26$ can make R9 280x card in a month, electricity not included.

Wrong, with current diff you can make barely 60$ in a month with SIX 280x cards at 220 MH/s each one. If you are in a good variance run, good for you, but that's not real.

My calculations are based on previous 2-3 days, but as diff is rising, today stats are different, very much.
Your expectation is more realistic today. So I may say for today, you are right. Tomorrow will might be even worse.

Edit: My stats for today are: R9 280x makes 0.002 BTC/day - electricity cost.
It is 0,44$ per day - let's say price for electricity is 0,1$/kw = 24*150w=3,6kw*0,1=0,36$
Payoff is less than 0,08$ per day. Really bad.

That guy makng 26$ per day now must have 325 R9 280X cards running Sad

phewwww....

Yes difficulty has doubled every day since 3 days.

My numbers look like this for one 280X, currently:

Code:

4194304000000 / 355000000 = 11,814 seconds per block of 100
11814 / 60 / 60 / 24 = 7.3 blocks of 100 per day

7.3 * 100 = 730 EGOLD per day
(730 * 0.05) - 7.3 = 29.20 NXT per day (minting fee)
29.20 * 0.00005 = 0.00146 BTC
0.00146 * 230 = $0.34

Dunno how you're getting $0.44/day.

Diff was different

Even worse now Sad

Just... wow.

Wolf0

member

Activity: 81

Merit: 1002

It was only the wind.

Quote from: ol92 on February 04, 2015, 04:06:37 PM

Quote from: Yanakitu Tenatako on February 04, 2015, 02:28:31 PM

Quote from: Taxidermista on February 04, 2015, 08:05:03 AM

Quote from: Yanakitu Tenatako on February 03, 2015, 07:23:17 PM

@current diff, 26$ can make R9 280x card in a month, electricity not included.

Wrong, with current diff you can make barely 60$ in a month with SIX 280x cards at 220 MH/s each one. If you are in a good variance run, good for you, but that's not real.

My calculations are based on previous 2-3 days, but as diff is rising, today stats are different, very much.
Your expectation is more realistic today. So I may say for today, you are right. Tomorrow will might be even worse.

Edit: My stats for today are: R9 280x makes 0.002 BTC/day - electricity cost.
It is 0,44$ per day - let's say price for electricity is 0,1$/kw = 24*150w=3,6kw*0,1=0,36$
Payoff is less than 0,08$ per day. Really bad.

That guy makng 26$ per day now must have 325 R9 280X cards running Sad

phewwww....

Yes difficulty has doubled every day since 3 days.

My numbers look like this for one 280X, currently:

Code:

4194304000000 / 355000000 = 11,814 seconds per block of 100
11814 / 60 / 60 / 24 = 7.3 blocks of 100 per day

7.3 * 100 = 730 EGOLD per day
(730 * 0.05) - 7.3 = 29.20 NXT per day (minting fee)
29.20 * 0.00005 = 0.00146 BTC 
0.00146 * 230 = $0.34

Dunno how you're getting $0.44/day.

Wolf0

member

Activity: 81

Merit: 1002

It was only the wind.

Quote from: Daedelus on February 04, 2015, 01:02:48 PM

Is everyone mining the same MScoin?

Yes, because there's only one worth mining.

Enzyme

sr. member

Activity: 420

Merit: 250

Hey

If you're wondering, I am the creator of Uranium.
v2 of the coin is the direction of Uranium and I'd like community input before launch.

Be realistic. List your ideal specifications and a maintainable but low, buy wall price.
I will average out the results, add some spice and create the coin.

Thanks!

RD965

hero member

Activity: 532

Merit: 500

Quote from: adaseb on February 12, 2015, 04:29:18 PM

Quote from: Daedelus on February 11, 2015, 12:57:22 PM

Anyone minting Uranium? There was talk of a bigger buy wall a week or so ago.

There was no such buy wall. Someone mentioned it on the forum but I checked and there was no buy wall or anything

So this is not profitable at the end then?

Daedelus

hero member

Activity: 574

Merit: 500

Quote from: adaseb on February 12, 2015, 04:29:18 PM

Quote from: Daedelus on February 11, 2015, 12:57:22 PM

Anyone minting Uranium? There was talk of a bigger buy wall a week or so ago.

There was no such buy wall. Someone mentioned it on the forum but I checked and there was no buy wall or anything

The coin creator had trouble with getting the right order type for a wall. He did it eventually and it got eaten very quick. Sre the nxtforum thread. He said he would put a bigger one up in a couple of weeks. But I don't think it has happened.

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: Daedelus on February 11, 2015, 12:57:22 PM

Anyone minting Uranium? There was talk of a bigger buy wall a week or so ago.

There was no such buy wall. Someone mentioned it on the forum but I checked and there was no buy wall or anything

RD965

hero member

Activity: 532

Merit: 500

Quote from: Sema89 on February 11, 2015, 11:14:47 AM

It's profitable for now?

Maybe not anymore Cheesy

I assume a lot of people is mining

Daedelus

hero member

Activity: 574

Merit: 500

Anyone minting Uranium? There was talk of a bigger buy wall a week or so ago.

Sema89

member

Activity: 70

Merit: 10

It's profitable for now?

ol92

sr. member

Activity: 445

Merit: 255

Quote from: Wolf0 on February 04, 2015, 08:21:35 PM

Quote from: adaseb on February 04, 2015, 08:07:54 PM

I know its highly unprofitable right now. Which makes me mad because the diff rose sky high after I spend 12 hours configuring my rigs and downloading all the wallets and miners and getting everything set up.

Diff isn't even just high, it's stupid high - this doesn't make sense... unless people are just reading the earlier posts and blindly mining without checking...

If I understood correctly, difficulty is deduced from the amount of money already minted : even with 1 small miner it won't decrease.
Maybe I am wrong.
I think Ms coins will have to fix their difficulty adjutement.

adaseb

legendary

Activity: 3808

Merit: 1723

Yes this is crap.

I can't even withdraw my NXT coins because for some reason the terminal crashes when downloading the block chain.

Yanakitu Tenatako

sr. member

Activity: 328

Merit: 250

I am giving up today this coin.
It is pointless to mine with loss.

adaseb

legendary

Activity: 3808

Merit: 1723

I know its highly unprofitable right now. Which makes me mad because the diff rose sky high after I spend 12 hours configuring my rigs and downloading all the wallets and miners and getting everything set up.

Yanakitu Tenatako

sr. member

Activity: 328

Merit: 250

Quote from: Wolf0 on February 04, 2015, 04:35:34 PM

Quote from: ol92 on February 04, 2015, 04:06:37 PM

Quote from: Yanakitu Tenatako on February 04, 2015, 02:28:31 PM

Quote from: Taxidermista on February 04, 2015, 08:05:03 AM

Quote from: Yanakitu Tenatako on February 03, 2015, 07:23:17 PM

@current diff, 26$ can make R9 280x card in a month, electricity not included.

Wrong, with current diff you can make barely 60$ in a month with SIX 280x cards at 220 MH/s each one. If you are in a good variance run, good for you, but that's not real.

My calculations are based on previous 2-3 days, but as diff is rising, today stats are different, very much.
Your expectation is more realistic today. So I may say for today, you are right. Tomorrow will might be even worse.

Edit: My stats for today are: R9 280x makes 0.002 BTC/day - electricity cost.
It is 0,44$ per day - let's say price for electricity is 0,1$/kw = 24*150w=3,6kw*0,1=0,36$
Payoff is less than 0,08$ per day. Really bad.

That guy makng 26$ per day now must have 325 R9 280X cards running Sad

phewwww....

Yes difficulty has doubled every day since 3 days.

My numbers look like this for one 280X, currently:

Code:

4194304000000 / 355000000 = 11,814 seconds per block of 100
11814 / 60 / 60 / 24 = 7.3 blocks of 100 per day

7.3 * 100 = 730 EGOLD per day
(730 * 0.05) - 7.3 = 29.20 NXT per day (minting fee)
29.20 * 0.00005 = 0.00146 BTC
0.00146 * 230 = $0.34

Dunno how you're getting $0.44/day.

Diff was different

Even worse now Sad

ol92

sr. member

Activity: 445

Merit: 255

Quote from: Yanakitu Tenatako on February 04, 2015, 02:28:31 PM

Quote from: Taxidermista on February 04, 2015, 08:05:03 AM

Quote from: Yanakitu Tenatako on February 03, 2015, 07:23:17 PM

@current diff, 26$ can make R9 280x card in a month, electricity not included.

Wrong, with current diff you can make barely 60$ in a month with SIX 280x cards at 220 MH/s each one. If you are in a good variance run, good for you, but that's not real.

My calculations are based on previous 2-3 days, but as diff is rising, today stats are different, very much.
Your expectation is more realistic today. So I may say for today, you are right. Tomorrow will might be even worse.

Edit: My stats for today are: R9 280x makes 0.002 BTC/day - electricity cost.
It is 0,44$ per day - let's say price for electricity is 0,1$/kw = 24*150w=3,6kw*0,1=0,36$
Payoff is less than 0,08$ per day. Really bad.

That guy makng 26$ per day now must have 325 R9 280X cards running Sad

phewwww....

Yes difficulty has doubled every day since 3 days.

Yanakitu Tenatako

sr. member

Activity: 328

Merit: 250

Quote from: Taxidermista on February 04, 2015, 08:05:03 AM

Quote from: Yanakitu Tenatako on February 03, 2015, 07:23:17 PM

@current diff, 26$ can make R9 280x card in a month, electricity not included.

Wrong, with current diff you can make barely 60$ in a month with SIX 280x cards at 220 MH/s each one. If you are in a good variance run, good for you, but that's not real.

My calculations are based on previous 2-3 days, but as diff is rising, today stats are different, very much.
Your expectation is more realistic today. So I may say for today, you are right. Tomorrow will might be even worse.

Edit: My stats for today are: R9 280x makes 0.002 BTC/day - electricity cost.
It is 0,44$ per day - let's say price for electricity is 0,1$/kw = 24*150w=3,6kw*0,1=0,36$
Payoff is less than 0,08$ per day. Really bad.

That guy makng 26$ per day now must have 325 R9 280X cards running Sad

phewwww....

Daedelus

hero member

Activity: 574

Merit: 500

Is everyone mining the same MScoin?

Topic: Nxt profitable minting (mining). $26 - some electric cost PER DAY!! (Read 8434 times)