Hey, I'm glad to be here. I started mining bitcoins back in mid 2011, when my 5850 could generate me one BTC every week or so. Long story short, value shot up from 30 cents to $3 and then $20 when people in China jumped on the bandwagon. It got to where the difficulty level was so high that I could only mine maybe 1 coin/month. So, I stopped. I wish I never did.
Anyway, about a month ago, I was looking into bitcoin, and discovered this whole new wonderful world of cryptocurrencies, especially coins with the scrypt algorithm. With my new PC already having 2 7950s in it, I decided I'd start again, mining as many of each coin as I could, in the hopes that if even one or two coins took off, I'd have a payoff within a few years.
After about a week of mining and research, I realized that there are a lot of terrible coins, so I picked 5 that I would mine.
3 weeks later and now I'm mining 20 different scrypt coins (but 90% of my mining time goes to only 5 coins). I'm glad to say that mincoin has become one of those currencies. I'm using a pool now, and will browse the forum to see if I can find any better pools. I prefer to solo-mine; after hours of tweaking the cards, adding cooling, and finding the right flags for cgminer, I get very few stales. However, I only like to solo mine when I can find "the average" block within an hour. With mincoins, even with 1.3MH/s, it would take ~4 hours to mine a block, not accounting for luck and variability. Having said that, this is a coin I cannot (at present at least) solo mine.
Anyway, I just wanted to introduce myself and thank the developers. I'm going to browse around the forum a bit, see what else I can learn.
Cheers,
-ssj4mo
Hey, I'm glad to be here. I started mining bitcoins back in mid 2011, when my 5850 could generate me one BTC every week or so. Long story short, value shot up from 30 cents to $3 and then $20 when people in China jumped on the bandwagon. It got to where the difficulty level was so high that I could only mine maybe 1 coin/month. So, I stopped. I wish I never did. Anyway, about a month ago, I was looking into bitcoin, and discovered this whole new wonderful world of cryptocurrencies, especially coins with the scrypt algorithm. With my new PC already having 2 7950s in it, I decided I'd start again, mining as many of each coin as I could, in the hopes that if even one or two coins took off, I'd have a payoff within a few years. After about a week of mining and research, I realized that there are a lot of terrible coins, so I picked 5 that I would mine. 3 weeks later and now I'm mining 20 different scrypt coins (but 90% of my mining time goes to only 5 coins). I'm glad to say that mincoin has become one of those currencies. I'm using a pool now, and will browse the forum to see if I can find any better pools. I prefer to solo-mine; after hours of tweaking the cards, adding cooling, and finding the right flags for cgminer, I get very few stales. However, I only like to solo mine when I can find "the average" block within an hour. With mincoins, even with 1.3MH/s, it would take ~4 hours to mine a block, not accounting for luck and variability. Having said that, this is a coin I cannot (at present at least) solo mine. Anyway, I just wanted to introduce myself and thank the developers. I'm going to browse around the forum a bit, see what else I can learn. Cheers, -ssj4mo