Cryptocoin Mining?

[Grooveriding]

Which miner are you using?

I'm on AMD and trying to figure out which miner to use.

This is the fastest AMD miner https://bitsharestalk.org/index.php?topic=2598.0

Make sure to use the -a 1 or -a 2 in your startup .bat I believe 1 is for Tahiti and 2 is Hawaii. Some also see much better CPM running two threads per GPU, done with -t 0,0 for one GPU -t 0,0,1,1 for two GPUs etc.

Kind of choked everyone is getting wise to protoshares now. I've been mining them for months and clearing about 2.5 PTS a day with two 780s, a 7950 and my CPUs. Now difficulty is soaring, but at least the value is going up too.

 

[IEC]

RIP Pandacoins

From what I have seen So long had a melt down and sold a shitload of panda at IPO price (25) and 1 satoshi

There are two theories flying around.

Either he's doing this to pump it sky high after everyone sells, or he's actually mentally retarded.

"Wolong" doesn't exist and hasn't ever existed. It's merely a persona for a guy or group of guys who are now laughing all the way to the bank.

Always be skeptical.

 

[f1sherman]

Entire alt coin market is down for quite some time
My little portfolio(DOGE, EAC, MEOW, RPC, MAX, ASR, VTC) is losing BTC value every single day, and BTC itself is not recovering.

It's a lose-lose situation, what do I do

 

[SunnyD]

Entire alt coin market is down for quite some time
My little portfolio(DOGE, EAC, MEOW, RPC, MAX, ASR, VTC) is losing BTC value every single day, and BTC itself is not recovering.

It's a lose-lose situation, what do I do

You do the same thing I do: Consider cashing out now, then cash out, then cry after you cash out because as soon as you do the market will recover to pre-"crisis" levels.

The thing is though, as long as you're not investing physical cash into coins but rather you're mining them, you're never actually LOSING money on them until their profitability falls below a certain threshold. Miners should never mine and hold unless they're building a portfolio to go long with.

Personally, my mining hardware has already paid for itself. Even at current exchange rates, mining is still profitable. Sure, it's a lot less profitable than it was two months ago, but it's still profitable.

Putting actual cash directly into coins though - that's a stupid, stupid idea unless you are quite literally going long on them, just like any other stock.

 

[JDG1980]

Bitcoin is down to ~$578 (at least on Coinbase). Why? Is there some bad news precipitating this decline that I'm unaware of?

 

[Virge_]

620 was a nightmare? You're doing it wrong. My 290s at stock settings/BIOS hit 855KH/s average without breaking a sweat. The same is true for the rest of the 290/X owners in here who are hitting 900+.

620 is roughly in 7950 territory.

Are you sure about that? I only get to about 880kH/s on a 290 when pushing 917/1500. 947/1250 gets me somewhere in the ~650 range.

 

[wand3r3r]

Are you sure about that? I only get to about 880kH/s on a 290 when pushing 917/1500. 947/1250 gets me somewhere in the ~650 range.

Elpida vs. hynix.

(My) Elpida likes 900 core, Hynix likes 1000.

 

[UNhooked]

Mining Darkcoin for now. Switched over from Maxcoin

Also have my small rig mining MINT...lol you never know.

 

[IEC]

Elpida vs. hynix.

(My) Elpida likes 900 core, Hynix likes 1000.

It's all memory timings. TheStilt's BIOSes will let you get the same hash at lower memory overclock due to tighter timings, in general.

My 290 with Elpida likes 940/1250 for 825 kH/s while my 290s with Hynix like 1000/1300 for 865 kH/s.

I'll be trying out the BIOSes I mentioned on my cards to see if I can squeeze out more kH.

 

[Mark R]

Bitcoin is down to ~$578 (at least on Coinbase). Why? Is there some bad news precipitating this decline that I'm unaware of?

Fear over MtGox being insolvent or a fraud, and uncertainty over the malleability issue.

There was more bad news from MtGox again today, basically saying that things are taking longer than expected and that they have had to abandon their main Tokyo office due to a "security" problem.

Price wise, while trading is still going on at MtGox, they are looking more and more like a corpse every day.

 

[f1sherman]

Elpida vs. hynix.

(My) Elpida likes 900 core, Hynix likes 1000.

Is that so?
I thought that BIOS guy, stilt, has already explained that there are no magical numbers with 290/x, not even CORE/MEM ratios.

The trick is to have your MEM optimized because sometimes over/downclocking will introduce additional latencies, which are already present with Elpida.

 

[KingFatty]

Elpida vs. hynix.

(My) Elpida likes 900 core, Hynix likes 1000.

Get a fixed video BIOS from TheStilt, he will address the poor table for video memory latency and correct the abnormality.

But 650 KH/s is definitely 7950 territory, you should be way better than that with a 290.

 

[KingFatty]

Fear over MtGox being insolvent or a fraud, and uncertainty over the malleability issue.

There was more bad news from MtGox again today, basically saying that things are taking longer than expected and that they have had to abandon their main Tokyo office due to a "security" problem.

Price wise, while trading is still going on at MtGox, they are looking more and more like a corpse every day.

Hah abandon the office, because what 2 protestors showed up with signs to bring attention to how poorly MtGox is doing business? MtGox was probably chased out of their office due to the embarrassment they were bringing to the establishment.

http://www.theverge.com/2014/2/19/5425220/protest-at-mt-gox-bitcoin-exchange-in-tokyo

This problem with MtGox is bringing down the price of BTC to where I'm so completely tempted to use fiat/cash to buy BTC directly - just use 'fun' money that I'm capable of losing altogether, and see if BTC price rebounds after MtG gets flushed down the toilet where they belong.

 

[thilanliyan]

This is the fastest AMD miner https://bitsharestalk.org/index.php?topic=2598.0

Make sure to use the -a 1 or -a 2 in your startup .bat I believe 1 is for Tahiti and 2 is Hawaii. Some also see much better CPM running two threads per GPU, done with -t 0,0 for one GPU -t 0,0,1,1 for two GPUs etc.

Kind of choked everyone is getting wise to protoshares now. I've been mining them for months and clearing about 2.5 PTS a day with two 780s, a 7950 and my CPUs. Now difficulty is soaring, but at least the value is going up too.

Thanks. I randomly picked that one just a bit earlier so it's good to know I chose correctly.

What cpm are you getting on your 7950? I'm using -a 3 on my 7950s and getting about 2000cpm (950/1250 MHz). I think -a 1 was giving lower shares/hour value according to the pool. Have you tried 2 threads per GPU?

 

[UNhooked]

This is the fastest AMD miner https://bitsharestalk.org/index.php?topic=2598.0

Make sure to use the -a 1 or -a 2 in your startup .bat I believe 1 is for Tahiti and 2 is Hawaii. Some also see much better CPM running two threads per GPU, done with -t 0,0 for one GPU -t 0,0,1,1 for two GPUs etc.

Kind of choked everyone is getting wise to protoshares now. I've been mining them for months and clearing about 2.5 PTS a day with two 780s, a 7950 and my CPUs. Now difficulty is soaring, but at least the value is going up too.

What pool are you mining at?

 

[wand3r3r]

It's all memory timings. TheStilt's BIOSes will let you get the same hash at lower memory overclock due to tighter timings, in general.

My 290 with Elpida likes 940/1250 for 825 kH/s while my 290s with Hynix like 1000/1300 for 865 kH/s.

I'll be trying out the BIOSes I mentioned on my cards to see if I can squeeze out more kH.

I tried them, only one card seemed ok with it but when I was mining with both cards I got some errors.

Is that so?
I thought that BIOS guy, stilt, has already explained that there are no magical numbers with 290/x, not even CORE/MEM ratios.

The trick is to have your MEM optimized because sometimes over/downclocking will introduce additional latencies, which are already present with Elpida.

My cards are such that the elpida card is slower until lowered to 900 core. The Hynix is just right at 1000. (I haven't tried to overclock, I did try to underclock.)

Whatever the cause it is tested very thoroughly and I am sure about this.

His BIOS fix seems to alleviate RAM speed and he has optimized 1375 iirc. Either way my 2 cards have very different hashrates and very different behavior.

Get a fixed video BIOS from TheStilt, he will address the poor table for video memory latency and correct the abnormality.

But 650 KH/s is definitely 7950 territory, you should be way better than that with a 290.

650 kHash?

I'm getting 8xx and 9xx kHash/s with both cards and the stock BIOS.

I tried the stilts BIOS but it wasn't stable for me. My underclocked and undervolted 7950 is 550ish.

 

[Grooveriding]

Thanks. I randomly picked that one just a bit earlier so it's good to know I chose correctly.

What cpm are you getting on your 7950? I'm using -a 3 on my 7950s and getting about 2000cpm (950/1250 MHz). I think -a 1 was giving lower shares/hour value according to the pool. Have you tried 2 threads per GPU?

I'm getting about 2200 CPM using -t 0 -a 1 at 1000/1250. Using more threads gives me less CPM. I'm going on posts in that thread I linked and the results others are getting. Apparently using two threads is netting over 3000 CPM on 280X cards. I can't get anywhere near that.

I mine with ypool.net

 

[f1sherman]

You do the same thing I do: Consider cashing out now, then cash out, then cry after you cash out because as soon as you do the market will recover to pre-"crisis" levels.

The thing is though, as long as you're not investing physical cash into coins but rather you're mining them, you're never actually LOSING money on them until their profitability falls below a certain threshold. Miners should never mine and hold unless they're building a portfolio to go long with.

Personally, my mining hardware has already paid for itself. Even at current exchange rates, mining is still profitable. Sure, it's a lot less profitable than it was two months ago, but it's still profitable.

Putting actual cash directly into coins though - that's a stupid, stupid idea unless you are quite literally going long on them, just like any other stock.

I have a feeling that this is temporary depression, so I refuse to cash-out BTC, or to BTC-out my many altcoins.

(Homer Simpson sitting on his couch with bunch of lottery tickets: )
( I HAVE SO MANY OF THEM, I CAN'T LOSE!!)

290 already payed out, so no pressure

 

[JDG1980]

Fear over MtGox being insolvent or a fraud, and uncertainty over the malleability issue.

There was more bad news from MtGox again today, basically saying that things are taking longer than expected and that they have had to abandon their main Tokyo office due to a "security" problem.

Price wise, while trading is still going on at MtGox, they are looking more and more like a corpse every day.

I was under the impression that we'd already known for a couple weeks that MtGox was at best incompetent and more likely fraudulent, and that the coins there had already largely been written off. It's still not quite clear to me why Bitcoins in private wallets and legitimate exchanges should see a drop in price. After all, it's not like Bernie Madoff's embezzlement or the massive thefts ($1.5 billion) from customers at MF Global caused the US dollar to drop compared to other currencies...

 

[geokilla]

I hope you're not talking about fiat money that you "invested". If you're talking about coins that you mined, then you "lost" nothing but time and maybe a few dollars of electricity. If you invested actual dollars... :whiste:

Does BTC to PANDA count as real money? I got that from DOGE.

"Wolong" doesn't exist and hasn't ever existed. It's merely a persona for a guy or group of guys who are now laughing all the way to the bank.

Always be skeptical.

Sorry but he does exist. They found his address. Whether it's legit or not remains to be seen.

I find it funny how people are blaming sevoque and the developers for their greed. No one forced a gun at your head and forced you to mine or trade PANDA in the first place. It's all a decision made by yourself. As unhappy as I am with the situation myself, I'm to blame for my own greediness. Isn't the first time I screwed myself over. All in all, I lost roughly $300 USD due to PANDA.

 

[SunnyD]

Does BTC to PANDA count as real money? I got that from DOGE.

As long as it was mined, and the mining hardware was either paid for with other purposes in mind or has been recouped in previous mining cashouts... then the BTC I would consider "mining money" and has no value until it's actually cashed out for fiat at that point.

Sorry but he does exist. They found his address. Whether it's legit or not remains to be seen.

I find it funny how people are blaming sevoque and the developers for their greed. No one forced a gun at your head and forced you to mine or trade PANDA in the first place. It's all a decision made by yourself. As unhappy as I am with the situation myself, I'm to blame for my own greediness. Isn't the first time I screwed myself over. All in all, I lost roughly $300 USD due to PANDA.

"Wolong" is completely ficticious. At best it's a pen name. At worst, it was a concept from a previous successful market manipulation campaign that was realized even better this time to completely launch a coin from scratch.

Those addresses you're finding are more than likely sevoque's own, since I presume sevoque is the developer behind the curtains anyway. He hasn't been able to keep his story straight since day 1. Hell, I can't even believe he's still trying to spin his way out of it - let alone there is anyone that still even remotely believes that he's not part or the whole of the scam itself.

Either way, he (or the "devs") had absolutely nothing to lose with a 3% premine that big. Presuming people actually bought into the IPO scam... now you know why premines that large AND especially IPO's are hallmarks of a scamcoin. Pandacoin had scam written all over it from day one in big, bold, red ink... and yet so many people fell for it hook, line and sinker.

 

[geokilla]

Those addresses you're finding are more than likely sevoque's own, since I presume sevoque is the developer behind the curtains anyway. He hasn't been able to keep his story straight since day 1. Either way, he (or the "devs") had absolutely nothing to lose with a 3% premine that big. Presuming people actually bought into the IPO scam... now you know why premines that large AND especially IPO's are hallmarks of a scamcoin.

I remember reading in the thread that Sevoque lives in Europe, not Singapore.

 

[SunnyD]

I remember reading in the thread that Sevoque lives in Europe, not Singapore.

I remember reading in a thread that Pandacoin was the next Dogecoin and totally legit. :whiste:

 

[KlokWyze]

Looked around the crypto sub forum @ hard forums last night. Looked to be generally less helpful than here. The alt coin threads devolve into technical discussions, most posts are made by dolts, etc.

 

[IEC]

I remember reading in the thread that Sevoque lives in Europe, not Singapore.

Easy to be a European expat in Singapore since they SPEAK ENGLISH.