What is the 'best' coin to mine with CPUs? - page 2.

allcoinminer

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Quote from: AizenSou on October 18, 2014, 06:52:34 AM

Quote from: cassimares on October 18, 2014, 02:56:34 AM

Quote from: allcoinminer on October 17, 2014, 09:41:27 AM

Quote from: aso118 on October 16, 2014, 11:26:07 PM

Quote from: anderl on October 16, 2014, 10:55:42 PM

Quote from: Klubknuckle on October 16, 2014, 10:52:07 PM

Quote from: allcoinminer on October 16, 2014, 03:20:13 PM

So no CPU or GPU mining possible profitably.

There are some CPU and GPU which is profitable but your electricity need to be dirt cheap...

'

Dirt cheap as in free. CPU and GPU mining is for the nostalgic or college kids that have the university paying for electricity. The mining industry has matured beyond CPUs and GPU.

I'm afraid you're right - its kind of scary isn't it? Wasn't one of the key concepts of all crytpo-currency that everyone 'owns' it and was able to mine it? That way there are 'millions' of peers rather then a few big 'monopolies' that 'controlling' the currency. Everyday it seems like there are fewer and fewer (bitcoin) miners and most other currencies are following suit... Is a crypto-world safe with only a few dozen 'big' miners? I've been pondering it for quite awhile...

The decentralisation was one of the main objectives of crypto coins.
But now its already centralised, in some months it will become a completely centralised one.

But it will remain decentralize for algo that is anti-asic. Hopefully darkcoin would have asic so quick...

X11 doesn't have ASIC soon but FPGA already raped X11 to the finest.

Can you link me to those FPGA thread handling X11?

AizenSou

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Quote from: zarton on October 18, 2014, 08:52:30 AM

XMG the coin of magi is good for CPU miners, since there is no gpu miners for the algorithm M7M.

Sorry but you're entirely wrong Wink

zarton

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XMG the coin of magi is good for CPU miners, since there is no gpu miners for the algorithm M7M.

wunkbone

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Monero.....

AizenSou

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Quote from: cassimares on October 18, 2014, 02:56:34 AM

Quote from: allcoinminer on October 17, 2014, 09:41:27 AM

Quote from: aso118 on October 16, 2014, 11:26:07 PM

Quote from: anderl on October 16, 2014, 10:55:42 PM

Quote from: Klubknuckle on October 16, 2014, 10:52:07 PM

Quote from: allcoinminer on October 16, 2014, 03:20:13 PM

So no CPU or GPU mining possible profitably.

There are some CPU and GPU which is profitable but your electricity need to be dirt cheap...

'

Dirt cheap as in free. CPU and GPU mining is for the nostalgic or college kids that have the university paying for electricity. The mining industry has matured beyond CPUs and GPU.

I'm afraid you're right - its kind of scary isn't it? Wasn't one of the key concepts of all crytpo-currency that everyone 'owns' it and was able to mine it? That way there are 'millions' of peers rather then a few big 'monopolies' that 'controlling' the currency. Everyday it seems like there are fewer and fewer (bitcoin) miners and most other currencies are following suit... Is a crypto-world safe with only a few dozen 'big' miners? I've been pondering it for quite awhile...

The decentralisation was one of the main objectives of crypto coins.
But now its already centralised, in some months it will become a completely centralised one.

But it will remain decentralize for algo that is anti-asic. Hopefully darkcoin would have asic so quick...

X11 doesn't have ASIC soon but FPGA already raped X11 to the finest.

MaxDZ8

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Activity: 672

Merit: 500

The main problem is: as long as you mine using mass produced hardware, of course it will not be profitable.
It's just an implication of how the system works, to be profitable you must have more power than the others and this is unlikely to happen as they have access to the very same hardware, with difficulty equalizing everything.

Back to the point.
What is the 'best' coin to mine with CPUs?

I've been looking at XMG a bit... but I'm not at ease with their "fork every other week" approach.
Following.

cassimares

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Merit: 100

Quote from: allcoinminer on October 17, 2014, 09:41:27 AM

Quote from: aso118 on October 16, 2014, 11:26:07 PM

Quote from: anderl on October 16, 2014, 10:55:42 PM

Quote from: Klubknuckle on October 16, 2014, 10:52:07 PM

Quote from: allcoinminer on October 16, 2014, 03:20:13 PM

So no CPU or GPU mining possible profitably.

There are some CPU and GPU which is profitable but your electricity need to be dirt cheap...

'

Dirt cheap as in free. CPU and GPU mining is for the nostalgic or college kids that have the university paying for electricity. The mining industry has matured beyond CPUs and GPU.

I'm afraid you're right - its kind of scary isn't it? Wasn't one of the key concepts of all crytpo-currency that everyone 'owns' it and was able to mine it? That way there are 'millions' of peers rather then a few big 'monopolies' that 'controlling' the currency. Everyday it seems like there are fewer and fewer (bitcoin) miners and most other currencies are following suit... Is a crypto-world safe with only a few dozen 'big' miners? I've been pondering it for quite awhile...

The decentralisation was one of the main objectives of crypto coins.
But now its already centralised, in some months it will become a completely centralised one.

But it will remain decentralize for algo that is anti-asic. Hopefully darkcoin would have asic so quick...

allcoinminer

hero member

Activity: 784

Merit: 504

Quote from: aso118 on October 16, 2014, 11:26:07 PM

Quote from: anderl on October 16, 2014, 10:55:42 PM

Quote from: Klubknuckle on October 16, 2014, 10:52:07 PM

Quote from: allcoinminer on October 16, 2014, 03:20:13 PM

So no CPU or GPU mining possible profitably.

There are some CPU and GPU which is profitable but your electricity need to be dirt cheap...

'

Dirt cheap as in free. CPU and GPU mining is for the nostalgic or college kids that have the university paying for electricity. The mining industry has matured beyond CPUs and GPU.

I'm afraid you're right - its kind of scary isn't it? Wasn't one of the key concepts of all crytpo-currency that everyone 'owns' it and was able to mine it? That way there are 'millions' of peers rather then a few big 'monopolies' that 'controlling' the currency. Everyday it seems like there are fewer and fewer (bitcoin) miners and most other currencies are following suit... Is a crypto-world safe with only a few dozen 'big' miners? I've been pondering it for quite awhile...

The decentralisation was one of the main objectives of crypto coins.
But now its already centralised, in some months it will become a completely centralised one.

AizenSou

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Activity: 938

Merit: 1000

Quote from: petersiddle98 on October 17, 2014, 05:54:12 AM

Monero is best for CPU right now right?

There was a lot of other coins with more profitability, but the volume is quite low. BSTY, XMG, CoinShield for example.

petersiddle98

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Monero is best for CPU right now right?

AizenSou

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Activity: 938

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Quote from: anderl on October 16, 2014, 10:55:42 PM

Quote from: Klubknuckle on October 16, 2014, 10:52:07 PM

Quote from: allcoinminer on October 16, 2014, 03:20:13 PM

So no CPU or GPU mining possible profitably.

There are some CPU and GPU which is profitable but your electricity need to be dirt cheap...

'

Dirt cheap as in free. CPU and GPU mining is for the nostalgic or college kids that have the university paying for electricity. The mining industry has matured beyond CPUs and GPU.

Sounds quite harsh, but unfortunately I must admit that you're right. The only coin right now could rescue home/small time miners is BURST using PoC.

Atomicat

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Quote from: Klubknuckle on October 16, 2014, 10:52:07 PM

Quote from: allcoinminer on October 16, 2014, 03:20:13 PM

So no CPU or GPU mining possible profitably.

There are some CPU and GPU which is profitable but your electricity need to be dirt cheap...

Manitoba - 6 cents kh/r.

-20C to -40C winters. 3 vid cards & processor equal a nice space-heater. Sure keeps my feet toasty, and oh the clocking you can do at -40.

aso118

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★Nitrogensports.eu★

Quote from: anderl on October 16, 2014, 10:55:42 PM

Quote from: Klubknuckle on October 16, 2014, 10:52:07 PM

Quote from: allcoinminer on October 16, 2014, 03:20:13 PM

So no CPU or GPU mining possible profitably.

There are some CPU and GPU which is profitable but your electricity need to be dirt cheap...

'

Dirt cheap as in free. CPU and GPU mining is for the nostalgic or college kids that have the university paying for electricity. The mining industry has matured beyond CPUs and GPU.

I'm afraid you're right - its kind of scary isn't it? Wasn't one of the key concepts of all crytpo-currency that everyone 'owns' it and was able to mine it? That way there are 'millions' of peers rather then a few big 'monopolies' that 'controlling' the currency. Everyday it seems like there are fewer and fewer (bitcoin) miners and most other currencies are following suit... Is a crypto-world safe with only a few dozen 'big' miners? I've been pondering it for quite awhile...

anderl

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Activity: 714

Merit: 500

Quote from: Klubknuckle on October 16, 2014, 10:52:07 PM

Quote from: allcoinminer on October 16, 2014, 03:20:13 PM

So no CPU or GPU mining possible profitably.

There are some CPU and GPU which is profitable but your electricity need to be dirt cheap...

'

Dirt cheap as in free. CPU and GPU mining is for the nostalgic or college kids that have the university paying for electricity. The mining industry has matured beyond CPUs and GPU.

Klubknuckle

sr. member

Activity: 285

Merit: 250

Quote from: allcoinminer on October 16, 2014, 03:20:13 PM

So no CPU or GPU mining possible profitably.

There are some CPU and GPU which is profitable but your electricity need to be dirt cheap...

allcoinminer

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Activity: 784

Merit: 504

So no CPU or GPU mining possible profitably.

aso118

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Merit: 1012

★Nitrogensports.eu★

Quote from: Equate on October 16, 2014, 01:42:43 PM

CPU mining is neither profitable nor good for CPU. You would rather get your CPU damaged.

Well, I have several old computers that are 'ready for the dumpster' and I don't really care if they experience any kind of damage. And with winter right around the corner, I wouldn't mind a small loss for the extra heat. I just know that cpu mining was the 'new' and 'coolest' thing when Primecoin came out, but now that doesn't even seem profitable. It doesn't seem like there are any 'popular' CPU coins right now.

Equate

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CPU mining is neither profitable nor good for CPU. You would rather get your CPU damaged.

aso118

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Activity: 1918

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★Nitrogensports.eu★

Quote from: adaseb on October 15, 2014, 12:45:38 AM

Quote from: Klubknuckle on September 14, 2014, 02:39:03 AM

Best cpu coin right now is monero... but it won't last long as someone is developing extremely fast GPU miner for it..

XMR was good for CPU until the GPU miner came out. And then the price crashed and no longer worth the hassle mining

I've noticed this as well. And it doesn't seem to be on too many exchanges yet. I heard that cryptsy couldn't add it because it the wallet address length was too long?!?!

Quote from: HeroCat on October 15, 2014, 03:01:40 PM

I think only Primecoins for CPU mining. Grin

I've been considering mining Primecoins for months - but it seems like the price continue to drop. Has there been any new development to the coin? Or is it also (eventually) doomed to the GPUs?

HeroCat

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I think only Primecoins for CPU mining. Grin

Topic: What is the 'best' coin to mine with CPUs? - page 2. (Read 12605 times)