Pages:
Author

Topic: What are you down to mining? (Read 1442 times)

legendary
Activity: 1064
Merit: 1002
June 03, 2013, 01:03:19 AM
#34
me? ihave 25 mhs for sha im pointing atmerged min8ing an 6 khs im pointing at coins for fun

Please send some hashpower this way. Pm me for address Ill pay shipping even!
sr. member
Activity: 322
Merit: 250
I AM A DRAGON
June 02, 2013, 11:59:01 PM
#33
me? ihave 25 mhs for sha im pointing atmerged min8ing an 6 khs im pointing at coins for fun
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
June 02, 2013, 10:44:29 PM
#32
Same as always: Just bitcoin.
hero member
Activity: 490
Merit: 500
June 02, 2013, 10:31:26 PM
#31
I suppose in a roundabout way. Everyone can chase the values of these coins in an attempt to always make the most profit or lock in to one or two for the long run. BTC and LTC have had long runs at valuation and a steady market place. None of the alt alts yet have stability; if DGC/WLD/etc suddenly have a negative movement on Coinchoose (maybe due to a diff adjust or exchange outage) people will bandwagon it to the next coin. This may change as these alts grow but I don't see it happening.
CoinChoose is horrible. Crypto is long term. How long were LTC and BTC next to worthless? I think, if one of these coins do rise, there's going to be a lot of people, smacking them selves in the face. But, they could all tank to zero, you never know. I believe, the best strategy, is as the guy said before, sell enough to cover your mining expenses, and hold on to some, just in case.

Really CoinChoose has one purpose - if you are set on having BTC (or LTC with the second chart), then what should I mine right now to get me the most in that crypto-currency?  Basically, if you are looking at which currency to mine for other reasons (infrastructure, features, etc), and really aren't set on BTC, LTC - COinChoose / DustCoin / CoinWarez / WhatCoinToMine, etc, are really useless.
full member
Activity: 182
Merit: 100
June 02, 2013, 10:01:20 PM
#30
GoldCoin!!
member
Activity: 63
Merit: 10
June 02, 2013, 09:56:41 PM
#29

WDC.  A coin has to have more going for it than just profitability and mining.  I see a lot of work going on with development and promotion of WDC and building a fan base around it.  My perception at least is that it is  well thought out with the focus on becoming more that just something to mine and dump for BTC.  My belief is it has legs.

I mean think about why a coin like LTC has the value it has?  What can the average Joe do with it?  It only has the value is has because we say it does.  Crypto buyers and sellers all speculating.  I don't see any real use for it beyond the small cryptocurrency world we all live in.  The average person doesn't even know what cryptocurrency is let alone can he buy a tank of gas with it.  Hell, BTC is somewhat that way as well other than you are seeing it get some recognition in the real world and a few places are beginning to accept it as a form of payment.  What the hell makes it worth $120? Just cause we say. The market.

Mainstream is the key to winning the crypto wars.  The first crypto who can figure out how to get Suzy Homemaker carrying around a crypto debit card is the winner, no matter what.  At least in my mind I see WDC as understanding that distinction.  It may not mean anything and I may be all wet but that's why I'm going hard on the WDC. 


+1

Im throwing some hashes at WDC ATM, I do see potential in that coin; so far it was very stable when it came to mining profitability, also the price after the initial dump seems stable and actually rising a liltle bit recently. The network hash rate is pretty stable too that means there's already a base of miners who will keep the network going and in connection with difficulty retarget the coin will always have fast transaction speeds. The developers work on improvements on the coin and there were announcements about an improved wallet coming out in a few days. There is also a strong community forming around WDC and IMO this coin could be the winner in alt crypto race, time will show. For me personally I would rather have fast confirms in a matter of seconds than wait for them for a long time like it is with other cryptos. I would rather pay with this coin for all of my online transactions than use BTC or CC. This coin opens new doors for a crypto coin the doors to day to day fast usage.

WDC FTW!!!
hero member
Activity: 714
Merit: 500
June 02, 2013, 09:44:08 PM
#28
BTC merge mined. Most alts are now less profitable, even with that net from 3000GH/s is now about $270 a month, and with the massive hash increase in BTC that will soon fall and mining pretty much anything will be pointless (and BTC $ is crashing).

interesting.  I was under the same impression.  I assumed that when btc difficulty shot up that the last of the gpu miners would stop mining btc.  but what if this is the point in time when sha and scrypt coins finally decouple, in that they are more freely traded.  we already see that in many of he alts out there that they trade somewhat independently of each other.  maybe we leave bitcoin to the few asic owners and let them fight it out until there is only one (highlander style).  then we see how strong of a network bitcoin really is when only 10% of the miners control 90% of the hashing power.

When if scrypt coins are finally free to make their own future?
member
Activity: 98
Merit: 10
June 02, 2013, 09:35:07 PM
#27
I'm sticking with Worldcoin and Digitalcoin at the moment.  Been mining both for a couple weeks now, selling half and keeping half.

Am also sitting on some YAC and Goldcoin that I'm going to hold for a while.
full member
Activity: 182
Merit: 100
June 02, 2013, 09:08:53 PM
#26
BTC merge mined. Most alts are now less profitable, even with that net from 3000GH/s is now about $270 a month, and with the massive hash increase in BTC that will soon fall and mining pretty much anything will be pointless (and BTC $ is crashing).
newbie
Activity: 35
Merit: 0
June 02, 2013, 06:17:30 PM
#25

WDC.  A coin has to have more going for it than just profitability and mining.  I see a lot of work going on with development and promotion of WDC and building a fan base around it.  My perception at least is that it is  well thought out with the focus on becoming more that just something to mine and dump for BTC.  My belief is it has legs.

I mean think about why a coin like LTC has the value it has?  What can the average Joe do with it?  It only has the value is has because we say it does.  Crypto buyers and sellers all speculating.  I don't see any real use for it beyond the small cryptocurrency world we all live in.  The average person doesn't even know what cryptocurrency is let alone can he buy a tank of gas with it.  Hell, BTC is somewhat that way as well other than you are seeing it get some recognition in the real world and a few places are beginning to accept it as a form of payment.  What the hell makes it worth $120? Just cause we say. The market.

Mainstream is the key to winning the crypto wars.  The first crypto who can figure out how to get Suzy Homemaker carrying around a crypto debit card is the winner, no matter what.  At least in my mind I see WDC as understanding that distinction.  It may not mean anything and I may be all wet but that's why I'm going hard on the WDC. 


+1

I mine WDC + DGC as both have the same things going for them at the moment
member
Activity: 102
Merit: 10
June 02, 2013, 06:13:26 PM
#24

WDC.  A coin has to have more going for it than just profitability and mining.  I see a lot of work going on with development and promotion of WDC and building a fan base around it.  My perception at least is that it is  well thought out with the focus on becoming more that just something to mine and dump for BTC.  My belief is it has legs.

I mean think about why a coin like LTC has the value it has?  What can the average Joe do with it?  It only has the value is has because we say it does.  Crypto buyers and sellers all speculating.  I don't see any real use for it beyond the small cryptocurrency world we all live in.  The average person doesn't even know what cryptocurrency is let alone can he buy a tank of gas with it.  Hell, BTC is somewhat that way as well other than you are seeing it get some recognition in the real world and a few places are beginning to accept it as a form of payment.  What the hell makes it worth $120? Just cause we say. The market.

Mainstream is the key to winning the crypto wars.  The first crypto who can figure out how to get Suzy Homemaker carrying around a crypto debit card is the winner, no matter what.  At least in my mind I see WDC as understanding that distinction.  It may not mean anything and I may be all wet but that's why I'm going hard on the WDC. 
hero member
Activity: 569
Merit: 500
June 02, 2013, 05:25:18 PM
#23
bitgem Cheesy
full member
Activity: 164
Merit: 100
June 02, 2013, 05:19:04 PM
#22
WDC all the way.
full member
Activity: 205
Merit: 100
Cheif Oompa Loompa.
June 02, 2013, 05:16:09 PM
#21
Bytecoins, she's a sleeper.
sr. member
Activity: 252
Merit: 250
June 02, 2013, 04:42:50 PM
#20
legendary
Activity: 980
Merit: 1000
June 02, 2013, 04:37:30 PM
#19
FlashCoin!
hero member
Activity: 518
Merit: 500
June 02, 2013, 04:34:53 PM
#18
PPC, its undervalued now.
legendary
Activity: 1764
Merit: 1018
June 02, 2013, 04:29:15 PM
#17
YAC  Smiley
legendary
Activity: 2772
Merit: 1028
Duelbits.com
June 02, 2013, 01:00:03 PM
#16
I suppose in a roundabout way. Everyone can chase the values of these coins in an attempt to always make the most profit or lock in to one or two for the long run. BTC and LTC have had long runs at valuation and a steady market place. None of the alt alts yet have stability; if DGC/WLD/etc suddenly have a negative movement on Coinchoose (maybe due to a diff adjust or exchange outage) people will bandwagon it to the next coin. This may change as these alts grow but I don't see it happening.
CoinChoose is horrible. Crypto is long term. How long were LTC and BTC next to worthless? I think, if one of these coins do rise, there's going to be a lot of people, smacking them selves in the face. But, they could all tank to zero, you never know. I believe, the best strategy, is as the guy said before, sell enough to cover your mining expenses, and hold on to some, just in case.

Finally to see two of us agree about something  Grin
legendary
Activity: 1198
Merit: 1000
June 02, 2013, 12:57:48 PM
#15
phenixcoin for sure
Pages:
Jump to: