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Topic: Why mining X11 coins is not profitable? - page 2. (Read 4918 times)

full member
Activity: 140
Merit: 100
I mine with 4 7950 cards, the hashrate is 4.1-4.4 MH/S.
legendary
Activity: 3248
Merit: 1070
remember that x11 miner are not optimized, this mean that someone have the optimized miner already and he/they is/are miing with +50%-100% more hashrate
hero member
Activity: 770
Merit: 500
As not every scrypt coin is profitable to mine, same goes with X11 coins also.
full member
Activity: 121
Merit: 100

I went to a 2600 meeting and was offered a modified cgminer and driver for Gridseed to mine X11. The dude wanted 20 BTC for it. I watched him install it and submit shares so its legit.



fpga

yeah,many many fpga mining x11
newbie
Activity: 6
Merit: 0
fpga

yeah,many many fpga mining x11
hero member
Activity: 518
Merit: 500
fpga

Where is these FPGA X11 miners?
full member
Activity: 224
Merit: 100
So I've been thinking:

X11 is cooler, consumes about 40% less electricity. Should be very important for all GPU miners (or almost all of them).
So why all X11 coins are not profitable to mine?

What is your opinion?

Because of the 40% less electricity, more miners mine and thus the revenue is lower. So if your electricity is really really high then it might be more profit to mine x11 then.
sr. member
Activity: 364
Merit: 250
fpga
legendary
Activity: 3248
Merit: 1070
because the buyers are still buying scrypt crap coin
full member
Activity: 140
Merit: 100
So I've been thinking:

X11 is cooler, consumes about 40% less electricity. Should be very important for all GPU miners (or almost all of them).
So why all X11 coins are not profitable to mine?

What is your opinion?
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