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-   -   Crypto currency mining (https://forum.a8parts.co.uk/showthread.php?t=13153)

moltuae 18th March 2018 03:26 PM

9 Attachment(s)
I'll have to give that custom firmware a try. Mine are all back at ~500MH/s presently because I found that if I overclocked them much beyond the standard frequency I was forever having to reboot them.

I've just taken a few quick photos of my cellar setup. I decided not to sell the two new L3+ miners that arrived recently so I'm using them here. There's 4 L3+ miners on the top two shelves and a D3 on the bottom. I have room for 4 ducts in the grille (which is fitted in the hallway at the foot of the stairs (to give good central heat distribution both upstairs and downstairs). Each L3+ pair is sharing a duct outlet and the D3 is using the third, so I have room for one more yet. I might put 2 S9s on the bottom shelf (instead of the D3), if I can get the noise levels down a little.

The hallway is the warmest room in the house right now but the heat circulates quite well. Combined with a few GPU rigs I have, the house is the warmest it's ever been for this time of year.

MikkiJayne 19th March 2018 09:02 AM

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Looks like some of the Cryptonight asics are online already from these hash rates on MRR:

http://forum.a8parts.co.uk/attachmen...1&d=1521453284

They haven't affected the network hash rate of Electroneum yet, probably since the price is so low (2p) so I guess they're working on Monero.

Interesting vid from Electroneum here btw. They have fairly big plans.

I'm making about 200ETN a day. I'm telling myself its an investment :hammer:

MikkiJayne 20th March 2018 10:26 AM

Interesting article on Bitmain and Cryptonight: https://www.financemagnates.com/cryp...c-mine-monero/

It wouldn't surprise me at all if Bitmain have been mining Monero for months. It seems very similar to what happened with the D3.

Nicehash just announced impending support for Cryptonight V7 which is the ASIC-resistant Monero fork due shortly. It'll be interesting to see what rates for that are like...

Meanwhile, network hashrate and hence difficulty for ETN are still dropping as people apparently bail due to the low coin value. I'm now making about 300 a day.

ainarssems 20th March 2018 03:05 PM

Interesting.

My understanding was that there are 2 forks happening for Monero in near future, the current development team is doing a fork but staying with the same algorithm, not sure what is actually changing. And outside group forking to new coin MoneroV with CryptoNightV7 algorithm and 10x supply. So you can think about XMR like BTC or LTC and XMV like BCH, BTG or LCC. But I might have misunderstood something.

Also interesting about Electroneum, I did mine about 1200 at the beginning but might look into mining some more now that the difficulty is low or maybe even buy some.

MikkiJayne 24th March 2018 10:51 AM

Electroneum value has been very slow to recover since they screwed up their hard fork a couple of weeks ago. According to the reddit thread, there was an error in the original Monero code at block 179840 and the ETN developers somehow overlooked this apparently well documented issue. They then messed up the fork to fix the issue and completely borked the network for a few days and had to revert the code. Many miners left the network after mining empty blocks for those few days and the price tumbled. I only found this out after my 'updated' wallet wouldn't sync. They talk a good story, but frankly their ecosystem is garbage. For example you have to run a full node for the local wallet to function http://www.corradov8.com/pics/screwy.gif

While researching what was going on with ETN I came across Graft. This is another coin with an actual purpose (rather than to simply exist) which is to be a global payment platform enabling crypto alongside credit and debit cards. They have a mechanism for near-real-time transaction verification, the same as the card networks, which is obviously intended to make crypto useful for everyday transactions. They also have plans for point of sale terminals which could be a game-changer if they can drive adoption by retailers. It sounds quite interesting and is going up in value so I'm mining some of that now too :)

3 and a bit days to the Monero anti-asic hard fork. Electroneum, Graft, Intensecoin and Bytecoin are all planning to follow suit. Looks like a Cryptonote arms race is going to begin between the developers and the asic vendors...

ulfilias 26th March 2018 10:35 AM

Quote:

Originally Posted by MikkiJayne (Post 139303)
They talk a good story, but frankly their ecosystem is garbage. For example you have to run a full node for the local wallet to function http://www.corradov8.com/pics/screwy.gif

I've got a couple of thousand on the Android Wallet. That seems to work reasonably. There's also the mining app in it that i've turned on a couple of times and claims about half a coin pending for a few weeks.

I agree that it looked good....it still has potential, but at times it does seem more talk than anything else.

I've been playing with Gobyte on my 4xGT970 and am up to 4 coins after a couple of weeks. It looked to be a good switch from Trezarcoin as i'd gotten a few thousand of those.

Mining is tight and stingey at the moment.

Heck even my Antminers are just barely earning in terms of profitability....Probably going to switch back from LCC an go back to Unit or BCH ....I'm sure crypto is going to get bigger, but trusting through a lull like this is hard!

MikkiJayne 26th March 2018 11:03 AM

The Monero hard fork has been delayed until the 6th of April now so still some life left in the asics, if they ship in time :ROFL:

The MoneroV hard fork is now due on the 30th of April and is going to airdrop 10x XMV for each XMR so I'm back to mining XMR now :)

ulfilias 27th March 2018 10:18 AM

Quote:

Originally Posted by MikkiJayne (Post 139350)
The Monero hard fork has been delayed until the 6th of April now so still some life left in the asics, if they ship in time :ROFL:

The MoneroV hard fork is now due on the 30th of April and is going to airdrop 10x XMV for each XMR so I'm back to mining XMR now :)

Had a look at that. There's a month, but that would get me 0.24 at estimates....Ah well!

If I was feeling investy that would probably be a reasonable buy too, but with such a flat/going down market it's hard to get the enthusiasm :-(

MikkiJayne 27th March 2018 10:28 AM

At my current rate I'm hoping to make one whole XMR by then :rolleyes: That should at least cover the electricity bill...

Edit: Damn no it won't! http://www.corradov8.com/pics/banghead.gif The price of Monero is so low and the difficulty so high its actually cheaper to buy it than mine it right now!

Delboy 28th March 2018 09:54 AM

Came across this and though you may find interesting, it's similar to revolut

https://wirexapp.com


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