bitcoin / litecoin mining

Discussion in 'Digital Currencies' started by 2ds, Apr 9, 2013.

  1. 2ds

    2ds New Member

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  2. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    They've shipped like 10.

    Out of the tens of thousands of orders.

    They have a long way to go.
     
  3. pro$pector

    pro$pector New Member

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    Only 50 watts power draw... :eek:

    Those "10 high-profile bloggers" have pretty much just got their hands on tiny cash printing machines in the near-term should they choose to go down that path!!!
     
  4. Altima

    Altima Well-Known Member Silver Stacker

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  5. pro$pector

    pro$pector New Member

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  6. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    It's just another clone with massively reduced blocks.

    Loltastic really.
     
  7. pro$pector

    pro$pector New Member

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    Haha oh yes I realise it's nothing special - just hilarious how its being referred to as digital gold after the last few days debates in another thread.

    The link above states that people will consider it to be worth more as its a "bar" and not a "coin". :lol:
     
  8. pro$pector

    pro$pector New Member

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    Wow...I wish that would happen to me!!! :lol:
     
  9. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Haha, that's awesome.

    Searched on the block chain for the sending address and seeing if they're sending others anywhere?
     
  10. 2ds

    2ds New Member

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    Back to mining bitcoin as the litecoin difficulty has sky rocketed overnight. Learning more about mining, I was having trouble with a configuration so I replaced one of the cards with a model I thought would work better.

    two things.

    gpu-z can help you monitor the temperature of your VRM's (which can be important and was why my replacement was de-clocking its self) and on the gigabyte 7950 revision 1 of the card is no where near as good as revision 2!

    I'm going to try flashing it with an older bios but currently it is sucking down more power on its own than a 7870 and a 7770 togeather (which is just wrong!)
     
  11. slipage

    slipage New Member

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    2ds : im getting good hash still with the bios flash and running cooler a few more degrees and allot less power.

    https://forum.litecoin.net/index.php/topic,2641.0.html

    Worked with mine, and can switch back to the original bios if required with a flick of the bios switch on the card.

    Worth doing if you have multiple cards
     
  12. 2ds

    2ds New Member

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    yeah slipage, that's the same version I used. power usage for the one card dropped 70w that is insane! I don't know what they did with that new bios version but it was very silly by the look of it. still running fine at 1ghz... just using less power now.
     
  13. 2ds

    2ds New Member

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    Might try flashing the other card and see if power usage drops another 70w!
     
  14. slipage

    slipage New Member

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    Yep hoping with that drop I can get a 5th card working on the same psu but will be cutting it fine:)
     
  15. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    I'm back mining Bitcoin now.

    Uses a lot less power and generates less heat which is handy too.

    The extra 6% profitability from Litecoin isn't worth the extra power costs.
     
  16. pro$pector

    pro$pector New Member

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    What pool/software do you use for BTC? Are you able to lower the GPU intensity to drop the power/heat?

    I'm mining LTC/CHN/MIN in intervals, and thrown a few CPU's at YACoin for a laugh.
     
  17. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    BTCOxygen.com at the moment as a pool.

    For any SHA coin I don't run anything fancy, just a bit of a higher clock speed on the GPU and lower memory clocks... (1050/900).

    Saves power :D

    Intensity 7 too
     
  18. slipage

    slipage New Member

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    To the litecoin miners out there, to max mining profitability is it worth looking at http://coinchoose.com/litecoin.php and mining the coins with the highest profitability . I have not ventured much past bitcoin and litecoin but for a extra 80% profit I might start mining worldcoin and exchanging it into ltc. I know this changes really quick and would need to change over where it suits. Am I reading this right?
    Why ain't more people doing it or have I missed something ?
     
  19. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Because it literally changes 'that' quick.

    Profitability will be 180% one hour, then 50% the next. So even though you've mined it, you can't sell it for a profit anymore.

    I prefer stability.
     
  20. Dynoman

    Dynoman Active Member

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    Looks like the best strategy is to mine the heck outta the new coins, create your own depository & opportunistically trade them "when" or "if" they become valuable. The whole "altcoins for the sake of it" scene doesn't do to much for me because I don't see much of a future market for them. Despite my doubts I'm actually mining them, feathercoin, namecoin & always have a litecoin machine churning away creating one a day if it goes well.
     

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