Which currency are you mining? Lyra2, Cryptonight, Zcash, Quark

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: SparkIt on December 05, 2016, 02:40:31 AM

Quote from: leowonderful on December 03, 2016, 07:57:30 PM

Quote from: Atmintan on December 03, 2016, 12:22:23 PM

Quote from: allnewbie on December 03, 2016, 09:16:29 AM

Any one would think Dash is wrothable to mine, a new guy here.
!
after read some artical of dash, looks like it is pretty potiental coin, and its price is not bad.

If you do not have the ASIC, it is better not to mine the Dash. It is not GPU mineable for long time. You will lose money.

Pretty much any x-series based coin and quark as well- these all have asics on em and they won't do you any good. Sticking with ETH or Zcash is the safe way to go as of yet, most other coins won't net you a penny in profit. Many other coins are also risky, and you can lose a days worth of profit in them. I like to go safe instead of risking it all.

I agree on everything except the risk taking.
I myself was mining Zdash but by computer is dead, some kind of motherboard resistor leak that fried my northbridge.

Zdash isn't as safe as Zcash etc but it's a risk worth taking in my opinion. I think the profit is about $1 per 280x right now but we're working to get listed on Bittrex, that will make the price go up!

XCI(Cannabis Industry Coin) is also a good option!

If you have old cards like the 7970 or 7950, it is better to mine the ZCash. They are bad in the Ethereum.

SparkIt

hero member

Activity: 714

Merit: 529

Quote from: leowonderful on December 03, 2016, 07:57:30 PM

Quote from: Atmintan on December 03, 2016, 12:22:23 PM

Quote from: allnewbie on December 03, 2016, 09:16:29 AM

Any one would think Dash is wrothable to mine, a new guy here.
!
after read some artical of dash, looks like it is pretty potiental coin, and its price is not bad.

If you do not have the ASIC, it is better not to mine the Dash. It is not GPU mineable for long time. You will lose money.

Pretty much any x-series based coin and quark as well- these all have asics on em and they won't do you any good. Sticking with ETH or Zcash is the safe way to go as of yet, most other coins won't net you a penny in profit. Many other coins are also risky, and you can lose a days worth of profit in them. I like to go safe instead of risking it all.

I agree on everything except the risk taking.
I myself was mining Zdash but by computer is dead, some kind of motherboard resistor leak that fried my northbridge.

Zdash isn't as safe as Zcash etc but it's a risk worth taking in my opinion. I think the profit is about $1 per 280x right now but we're working to get listed on Bittrex, that will make the price go up!

XCI(Cannabis Industry Coin) is also a good option!

JaredKaragen

legendary

Activity: 1848

Merit: 1166

My AR-15 ID's itself as a toaster. Want breakfast?

I am 99% Nvidia.

I used to do profit-switching multi-algo;

Then I stuck to Lyra2Rev2 because of the insane hashrate bonus compared to other cards (on the Maxwell/Pascal series)

And it seemed to die off in profitability several weeks ago. Went from ~0.005BTC/day on 2 video cards to just ~0.0015-0.0025.. pretty big hit. The profitability/consistency was starting to fall off like decred and LBRY did. (I mine with pools that do direct BTC exchange for payouts).

Recently; I have been mining skein based coins.... It seems to be consistent and steady so far...

I tried mining on Nicehash with their different-named algo that reports in sol's... I think Equihash it was called or something similar?
Wasn't near as profitable as the skein coins. Which is what im working on for now.

QuintLeo

legendary

Activity: 1498

Merit: 1030

Quote from: adaseb on November 21, 2016, 03:58:23 PM

For GPUs there is nothing except ZEC and ETH.

If you find some other coin the profitability will be most likely be equal anyways.

Precisely - which is why some folks mine ETC and ZClassic, pretty much same profitability as the coins they "cloned".

The NVidia folks have that lyra2re stuff also, but amd doesn't work well on that algo.

Everything else right now that is GPU mineable is "pray it goes up on price 'cause it sure isn't anywhere near as profitable as the biggies at this time".

DASH (ex-Darkcoin) is the original X11-based coin, for which there are no less then *3* manufacturers making ASIC for (though it appears that the Baikal variations might be the only ones still in production - but it is quite a bit more efficient than the iBeos or Pinedal (sp) were anyway).

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

Quote from: Atmintan on December 03, 2016, 12:22:23 PM

Quote from: allnewbie on December 03, 2016, 09:16:29 AM

Any one would think Dash is wrothable to mine, a new guy here.
!
after read some artical of dash, looks like it is pretty potiental coin, and its price is not bad.

If you do not have the ASIC, it is better not to mine the Dash. It is not GPU mineable for long time. You will lose money.

Pretty much any x-series based coin and quark as well- these all have asics on em and they won't do you any good. Sticking with ETH or Zcash is the safe way to go as of yet, most other coins won't net you a penny in profit. Many other coins are also risky, and you can lose a days worth of profit in them. I like to go safe instead of risking it all.

Atmintan

newbie

Activity: 14

Merit: 0

Quote from: allnewbie on December 03, 2016, 09:16:29 AM

Any one would think Dash is wrothable to mine, a new guy here.
!
after read some artical of dash, looks like it is pretty potiental coin, and its price is not bad.

If you do not have the ASIC, it is better not to mine the Dash. It is not GPU mineable for long time. You will lose money.

allnewbie

member

Activity: 78

Merit: 10

Any one would think Dash is wrothable to mine, a new guy here.
!
after read some artical of dash, looks like it is pretty potiental coin, and its price is not bad.

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: SparkIt on November 22, 2016, 01:59:51 AM

Quote from: adaseb on November 21, 2016, 09:32:37 PM

Quote from: SparkIt on November 21, 2016, 04:38:03 PM

Quote from: adaseb on November 21, 2016, 03:58:23 PM

For GPUs there is nothing except ZEC and ETH.

If you find some other coin the profitability will be most likely be equal anyways.

But you're only looking at the value of the coin right now. That's not how you make money from cryptos, trust me.
You make money from cryptos by finding those diamonds that blooms after a few weeks and the price goes up 300-400%, don't say that never happens because I've experienced it many times.

If you are doing this then you are better off just buying those "diamond" coins directly rather than mining them instead.

But right now with your 7970, you won't make much more than $1/per day.

Of course you are. But the risk would be higher.

Nah not if I sell the coin directly. But if I hold the coins I might have $3 a day.

I know what I'm doing, you guys doesn't seem to understand what I mean.

We know what you mean but alot has changed since 2013-2014. Back then you could instamine any shitcoin and you had like 5x profits than mining LTC/DOGE directly.

However right now there are 10x as many shitcoins and most never make it to any exchanges. And those that do are either POS that you can't mine or they have huge difficulties because people instamined them on Nicehash.

You need to understand that there have been so many scams with altcoins that left so many people burnt that most don't bother with them anymore.

SparkIt

hero member

Activity: 714

Merit: 529

Quote from: adaseb on November 21, 2016, 09:32:37 PM

Quote from: SparkIt on November 21, 2016, 04:38:03 PM

Quote from: adaseb on November 21, 2016, 03:58:23 PM

For GPUs there is nothing except ZEC and ETH.

If you find some other coin the profitability will be most likely be equal anyways.

But you're only looking at the value of the coin right now. That's not how you make money from cryptos, trust me.
You make money from cryptos by finding those diamonds that blooms after a few weeks and the price goes up 300-400%, don't say that never happens because I've experienced it many times.

If you are doing this then you are better off just buying those "diamond" coins directly rather than mining them instead.

But right now with your 7970, you won't make much more than $1/per day.

Of course you are. But the risk would be higher.

Nah not if I sell the coin directly. But if I hold the coins I might have $3 a day.

I know what I'm doing, you guys doesn't seem to understand what I mean.

manasd

sr. member

Activity: 377

Merit: 250

Next Generation Antivirus

I am mining PascalCoin
its new
i like their idea

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: SparkIt on November 21, 2016, 04:38:03 PM

Quote from: adaseb on November 21, 2016, 03:58:23 PM

For GPUs there is nothing except ZEC and ETH.

If you find some other coin the profitability will be most likely be equal anyways.

But you're only looking at the value of the coin right now. That's not how you make money from cryptos, trust me.
You make money from cryptos by finding those diamonds that blooms after a few weeks and the price goes up 300-400%, don't say that never happens because I've experienced it many times.

If you are doing this then you are better off just buying those "diamond" coins directly rather than mining them instead.

But right now with your 7970, you won't make much more than $1/per day.

SparkIt

hero member

Activity: 714

Merit: 529

Quote from: mirny on November 21, 2016, 08:23:58 PM

Quote from: SparkIt on November 21, 2016, 07:11:10 AM

Hey! Anyone here mining any different coin but ZEC or ETH?

I'm mining a lyra2 coin atm (Zoin) and a cryptonight coin (XCI). I've mined some ZEC but I don't like mining coins that are well-known.

Which algorithm would you prefer for 280x/7970 matrix?

Hit me with some of your unknown coins you think should get more attention!

Also, what's up with all these ICO-coins?

What the hell are you talking about?
Hit me with unknown coin? Do you think, it will stay unknown then?
Hell no. It will be known then. Why should someone tell you his secret?
This is crypto, truly toxic environment.
Don't expect any altruism in here.
I tell you, one known true, do your own research, don't beg, and get the life...

If the coin stays unknown it will never be worth anything.

With unknown coin I mean coins that have potential, that have good devs but got in the shadows because of ETH, zec etc etc.

The community must have changed a lot the past 2 years, back then everyone tried to make a coin great. To be the new LTC, Doge almost made it but failed because it was based on a meme.
Blackcoin got pumped and then shit on, but had potential.

mirny

legendary

Activity: 1108

Merit: 1005

Quote from: SparkIt on November 21, 2016, 07:11:10 AM

Hey! Anyone here mining any different coin but ZEC or ETH?

I'm mining a lyra2 coin atm (Zoin) and a cryptonight coin (XCI). I've mined some ZEC but I don't like mining coins that are well-known.

Which algorithm would you prefer for 280x/7970 matrix?

Hit me with some of your unknown coins you think should get more attention!

Also, what's up with all these ICO-coins?

What the hell are you talking about?
Hit me with unknown coin? Do you think, it will stay unknown then?
Hell no. It will be known then. Why should someone tell you his secret?
This is crypto, truly toxic environment.
Don't expect any altruism in here.
I tell you, one known true, do your own research, don't beg, and get the life...

SparkIt

hero member

Activity: 714

Merit: 529

Quote from: adaseb on November 21, 2016, 03:58:23 PM

For GPUs there is nothing except ZEC and ETH.

If you find some other coin the profitability will be most likely be equal anyways.

But you're only looking at the value of the coin right now. That's not how you make money from cryptos, trust me.
You make money from cryptos by finding those diamonds that blooms after a few weeks and the price goes up 300-400%, don't say that never happens because I've experienced it many times.

adaseb

legendary

Activity: 3808

Merit: 1723

For GPUs there is nothing except ZEC and ETH.

If you find some other coin the profitability will be most likely be equal anyways.

shield132

hero member

Activity: 2352

Merit: 905

Metawin.com - Truly the best casino ever

ETH, it's not popular for me now, I don't mine and don't trust it anymore after their so many hardforks. Now many people is mining and talking about ZEC and it's 5 day that I am mining it. For me it isn't so much important how popular it's now because I still prefer mining coins that are popular ( I'll never mine only dogecoin and litecoin ).
Also I can say that DashCoin isn't bad for mining.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: SparkIt on November 21, 2016, 08:19:41 AM

Quote from: Amph on November 21, 2016, 07:40:22 AM

i like spreadcoin, while this is not unknown it offer some profit for low end farm with few rig, there is also xcn but you need a private miner which can do higher hashrate than the open source one

Could you link miner for spread?

https://bitcointalksearch.org/topic/ann-spreadcoin-decentralize-everything-decentralized-blockexplorer-coming-1045373, but if you want more speed you need the private one, for nvidia only

SparkIt

hero member

Activity: 714

Merit: 529

Quote from: Amph on November 21, 2016, 07:40:22 AM

i like spreadcoin, while this is not unknown it offer some profit for low end farm with few rig, there is also xcn but you need a private miner which can do higher hashrate than the open source one

Could you link miner for spread?

Amph

legendary

Activity: 3248

Merit: 1070

i like spreadcoin, while this is not unknown it offer some profit for low end farm with few rig, there is also xcn but you need a private miner which can do higher hashrate than the open source one

SparkIt

hero member

Activity: 714

Merit: 529

Quote from: altcoinhosting on November 21, 2016, 07:19:17 AM

Quote from: SparkIt on November 21, 2016, 07:16:32 AM

Quote from: altcoinhosting on November 21, 2016, 07:13:17 AM

I'm testing an old server by mining some ZCL, i had some on an exchange, but not enough to trade for BTC, so i'm mining untill i have enough to meet the minimum exchange amount...

How is the profitability with ZCL?

I'm CPU mining, the profitability is not good... If i had a spare GPU things might have been different (currently mining at 8-10 Sol/s)

Check Zoin out instead!

Topic: Which currency are you mining? Lyra2, Cryptonight, Zcash, Quark (Read 4202 times)