Author

Topic: What should i do? (7x usb erupters) (Read 3458 times)

member
Activity: 70
Merit: 10
October 17, 2013, 09:54:47 AM
#27
Go for POT on ozcoin. There you will have best of the two worlds. Pool mining combined with luck when solo mining.



This!  Grin
sr. member
Activity: 462
Merit: 250
Firing it up
October 16, 2013, 11:01:02 PM
#26
Use the 7 thumbs on cex.io as you will need massive amount of hash to follow up. I am using that one to speed up for a while.
sr. member
Activity: 392
Merit: 250
October 16, 2013, 07:51:15 PM
#25
Good luck on trying to find a block. Do remember to take a screen shot and you will be famous Smiley

There have been a few posts on the forum about people mining a block with an erupter so, you never know! The cost to run 10 is nothing any way so might as well.

Base on the calculator, it would take few thousand of years to mine. But yeah when someone is lucky...

With 7? No, not a few thousand years. I run 10 and I think it was just over once every 10 years before the latest difficulty change - better odds than lotto.

Again, did you try factoring the Difficulty increment? in 10 years the difficulty might be 200 times of today's difficulty..
sr. member
Activity: 392
Merit: 250
October 16, 2013, 07:41:44 AM
#24
Good luck on trying to find a block. Do remember to take a screen shot and you will be famous Smiley

There have been a few posts on the forum about people mining a block with an erupter so, you never know! The cost to run 10 is nothing any way so might as well.

Base on the calculator, it would take few thousand of years to mine. But yeah when someone is lucky...
sr. member
Activity: 392
Merit: 250
October 15, 2013, 08:11:22 PM
#23
They mine so little that imo it's pointless to mine with them on a pool and you should treat them as a lottery ticket and switch to solo mining. I have 10 and just let them do their thing, if I find a block, that's great, if not, I'm supporting the network albeit it's a very tiny contribution.

Good luck on trying to find a block. Do remember to take a screen shot and you will be famous Smiley
full member
Activity: 211
Merit: 101
October 15, 2013, 06:26:23 PM
#22
how about 4, encase them in lucite and wait 20-50 years until they are priceless relics of bitcoin's early days...
full member
Activity: 266
Merit: 100
October 15, 2013, 04:36:30 PM
#21
Trying to sell them for the lowest amount of lost money is no option?
sr. member
Activity: 392
Merit: 250
October 15, 2013, 08:29:44 AM
#20
Sell it before it has no value. Or burn it Smiley
full member
Activity: 166
Merit: 100
October 12, 2013, 07:29:14 AM
#19
Quote
2) Join a mining pool and get something like 40$/months (excluded costs)

Maybe look into opportunities to expand your hashrate? Especially if you can do it cheaply.
sr. member
Activity: 336
Merit: 250
October 12, 2013, 04:09:55 AM
#18
I'll buy them for 0.05 depending where you are
sr. member
Activity: 434
Merit: 250
October 12, 2013, 03:57:28 AM
#17
Mine the hell out of it until it broke.
legendary
Activity: 1029
Merit: 1000
October 11, 2013, 04:29:52 PM
#16
Go for POT on ozcoin. There you will have best of the two worlds. Pool mining combined with luck when solo mining.

staff
Activity: 3304
Merit: 4115
October 11, 2013, 12:54:42 PM
#15
You should add a poll, maybe you will be able to record the answers a little easier.
legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
October 11, 2013, 12:39:52 PM
#14
3 !

avoid altcoins that use SHA256. most of the market for them is based around pump-and-dump investing as there is little reason to mine/support coins that use the exact same coding (SHA256) as bitcoin but have a fraction of the support.

imagine if any bitcoin pool capable of >100TH pointed at an altcoin using asics. they would obliterate it, and could produce far more than a 51% atttack.

in my opinion, there can/should only be 1 currency based on each coding type:
SHA256 = bitcoin
scrypt = litecoin
sr. member
Activity: 361
Merit: 250
October 11, 2013, 11:25:52 AM
#13
3 !
legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
October 11, 2013, 10:25:30 AM
#12
at this point, you can expect about $2-$5 mined per erupter in the next 2 months before they are obsolete. Unless you plan to keep them as momentos, you may be best to sell them for $15-$25 each
full member
Activity: 224
Merit: 100
October 11, 2013, 07:43:34 AM
#11
Hi guys,
i currently have 2,2gh/s hash rating. I know, it's really low for the actual difficulty but... Help me to choose 1 of these options (u MUST choose 1 of them!!  Grin ):

1) Try to solo mining and maybe get a block in several months (almost impossible)
2) Join a mining pool and get something like 40$/months (excluded costs)
3) Mine different sha-256 coins (like Tigercoins) and hope they get more usefull in the future


Help me please, i really don't know what to do


P.S.
Doesn't exist a 4) option  Cheesy

P.S. 2
Sorry for my crap english

2, then sell it after you cant even recover your electricity bill.
sr. member
Activity: 462
Merit: 250
Firing it up
September 14, 2013, 03:05:40 AM
#10
Hi guys,
i currently have 2,2gh/s hash rating. I know, it's really low for the actual difficulty but... Help me to choose 1 of these options (u MUST choose 1 of them!!  Grin ):

1) Try to solo mining and maybe get a block in several months (almost impossible)
2) Join a mining pool and get something like 40$/months (excluded costs)
3) Mine different sha-256 coins (like Tigercoins) and hope they get more usefull in the future


Help me please, i really don't know what to do


P.S.
Doesn't exist a 4) option  Cheesy

P.S. 2
Sorry for my crap english

Do for me, you may like to mine the forked for the first one.
sr. member
Activity: 364
Merit: 253
September 13, 2013, 09:42:03 AM
#9
Mine on a pool, but choose a merged mining pool. That way you can make 5 - 8 % extra (depending on the pool and the number of merged mined coins) compared to pure Bitcoin mining.
Load balancing is also a good way to to stabilise your mining income.

May I know which load balancing are you referring to? Bandwidth or something else I'm missing?
full member
Activity: 140
Merit: 100
In POS we trust
September 13, 2013, 09:39:35 AM
#8
Mine on a pool, but choose a merged mining pool. That way you can make 5 - 8 % extra (depending on the pool and the number of merged mined coins) compared to pure Bitcoin mining.
Load balancing is also a good way to to stabilise your mining income.
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
September 13, 2013, 09:38:06 AM
#7
Go with SHA256 Altcoins and if possible practice trading.  Cheesy
newbie
Activity: 32
Merit: 0
September 13, 2013, 09:37:00 AM
#6
Go for no 2. Aside others I have nine USB assigned to three pools (Test rigs)
Output per pool in the last two weeks was 4 -12 € depending on the pool. So with the right pool you may come out with a better Performance.

sr. member
Activity: 364
Merit: 253
September 13, 2013, 09:25:28 AM
#5
Go with SHA256 Altcoins and if possible practice trading.  Cheesy
hero member
Activity: 955
Merit: 1004
September 13, 2013, 09:22:51 AM
#4
I vote for option #2.
hero member
Activity: 896
Merit: 532
Former curator of The Bitcoin Museum
September 13, 2013, 02:41:13 AM
#3
If you are looking to gamble, you could try solo mining. With 2.2 gh, you would find a block on average in 1,964 days(5.38 years), not factoring in difficulty increases of course. It sounds pretty bad, but when you put it in up against your chance of winning powerball (1:175,223,510) you are looking pretty good.


Hey I mined 2 litecoin blocks in under a week on a 7970, go for the solomining kid, hopefully you'll get lucky!  Grin
legendary
Activity: 1973
Merit: 1007
September 13, 2013, 02:24:31 AM
#2
If you are looking to gamble, you could try solo mining. With 2.2 gh, you would find a block on average in 1,964 days(5.38 years), not factoring in difficulty increases of course. It sounds pretty bad, but when you put it in up against your chance of winning powerball (1:175,223,510) you are looking pretty good.
full member
Activity: 378
Merit: 104
September 12, 2013, 02:55:55 PM
#1
Hi guys,
i currently have 2,2gh/s hash rating. I know, it's really low for the actual difficulty but... Help me to choose 1 of these options (u MUST choose 1 of them!!  Grin ):

1) Try to solo mining and maybe get a block in several months (almost impossible)
2) Join a mining pool and get something like 40$/months (excluded costs)
3) Mine different sha-256 coins (like Tigercoins) and hope they get more usefull in the future


Help me please, i really don't know what to do


P.S.
Doesn't exist a 4) option  Cheesy

P.S. 2
Sorry for my crap english
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