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Offline earntodie

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MMC GPU mining is super profitable!
« on: December 30, 2013, 08:57:56 PM »

Usual Mining Rig is: 10 x R9 280X

LTC profit: 7300 Khs, 2.32 LTC per day, 0.0756 BTC per day = $55,79

MMC profit: 200-250 HPM, 400 MMC per day, 0.304 BTC per day = $223,13

* BTC-E.com BTC/USD value. Bter.com BTC/MMC value. GPU mining pool 1gh.com
« Last Edit: December 30, 2013, 09:26:35 PM by earntodie »
1GH CLUB!! PTS mining club - PTS.1GH.COM, MEMORY coin mining club - MMC.1GH.COM, MAX coin mining club - MAX.1GH.COM

Offline 5chdn

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Re: MMC GPU mining is super profitable!
« Reply #1 on: December 30, 2013, 09:02:55 PM »
did you get any payouts yet?

Offline andhar

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Re: MMC GPU mining is super profitable!
« Reply #2 on: December 30, 2013, 09:07:46 PM »
If it only was possible on geforce cards i would be soooo happy :D

Offline s4l1h

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Re: MMC GPU mining is super profitable!
« Reply #3 on: December 30, 2013, 09:14:46 PM »

Offline kbhutto

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Re: MMC GPU mining is super profitable!
« Reply #4 on: December 30, 2013, 09:28:19 PM »
Sooner or later altcoin GPU miners will point their rigs towards MMC I think, which in turn will increase difficulty and reduce profitability.

Offline 1gh

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Re: MMC GPU mining is super profitable!
« Reply #5 on: December 30, 2013, 09:33:09 PM »
earntodie, thank you

Offline 5chdn

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Re: MMC GPU mining is super profitable!
« Reply #6 on: December 30, 2013, 09:38:53 PM »
Sooner or later altcoin GPU miners will point their rigs towards MMC I think, which in turn will increase difficulty and reduce profitability.
and increased value. :)

Offline jlafuente

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Re: MMC GPU mining is super profitable!
« Reply #7 on: December 30, 2013, 09:41:25 PM »
Sooner or later altcoin GPU miners will point their rigs towards MMC I think, which in turn will increase difficulty and reduce profitability.

The problem is that when this happens CPU mining won't be profitable unless you have a botnet ... unclear future for this coin miners ...

Offline earntodie

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Re: MMC GPU mining is super profitable!
« Reply #8 on: December 30, 2013, 09:58:02 PM »
Sooner or later altcoin GPU miners will point their rigs towards MMC I think, which in turn will increase difficulty and reduce profitability.

The problem is that when this happens CPU mining won't be profitable unless you have a botnet ... unclear future for this coin miners ...
For example: ptspool.com = 60% net power, 80% pool power botnets, 1PTS = $20
Botnets is not a problem, imho
1GH CLUB!! PTS mining club - PTS.1GH.COM, MEMORY coin mining club - MMC.1GH.COM, MAX coin mining club - MAX.1GH.COM

Offline progmac

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Re: MMC GPU mining is super profitable!
« Reply #9 on: December 31, 2013, 05:00:02 PM »
if gpu mining is a thing with mmc, i'd be out for sure
if you want to support my incoherent ramblings
Bitshares PTS: PrziMMpXMMu948j5H7yvj3Ry8mnZBbsMYR

Offline phrozenspite

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Re: MMC GPU mining is super profitable!
« Reply #10 on: December 31, 2013, 05:25:32 PM »
if gpu mining is a thing with mmc, i'd be out for sure
no longer an if, look for two or three other threads posted here.  It's faster and more efficient than CPU mining
supporting Newmine for a fair Memorycoin
https://bitcointalk.org/index.php?topic=389386.0

Offline progmac

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Re: MMC GPU mining is super profitable!
« Reply #11 on: December 31, 2013, 06:11:50 PM »
if gpu mining is a thing with mmc, i'd be out for sure
no longer an if, look for two or three other threads posted here.  It's faster and more efficient than CPU mining
i thought the whole point of protoshares/mmc was that they couldn't be mined with gpu
if you want to support my incoherent ramblings
Bitshares PTS: PrziMMpXMMu948j5H7yvj3Ry8mnZBbsMYR

Offline seraphim

Re: MMC GPU mining is super profitable!
« Reply #12 on: December 31, 2013, 06:19:26 PM »
There's no way to lock out gpus completely, the only possibility is making it as hard as possible for them.
PTS and MMC are doing pretty good there, with a maximum of 10x more speed. Have a look at what the difference is for other coins and you will see that's a huge improvement.

Developing ASICs for PTS and MMC won't be profitable for a long while, so people can still earn some coins with their CPUs - and that's what it really is about.
Meet you on STEEM

Offline whynot

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Re: MMC GPU mining is super profitable!
« Reply #13 on: December 31, 2013, 08:00:50 PM »
Quote
There's no way to lock out gpus completely, the only possibility is making it as hard as possible for them.
PTS and MMC are doing pretty good there, with a maximum of 10x more speed. Have a look at what the difference is for other coins and you will see that's a huge improvement.

It only took 3 weeks for a GPU miner to be released for MMC that has a hashing rate an order of magnitude greater than what is possible with CPU mining. Compare to Primecoin (and Datacoin et al) where after 1/2 year and much greater economic incentives, attempts at producing a GPU miner haven't amounted to much of anything (someone released one, but it was not faster than CPU mining; nobody uses it).

I'm sorry for being negative in this post, but as news about MemoryCoin 2.0 spreads through the larger crypto-currency community there are going to be a lot of people who will be more critical than those in this forum. We need to be prepared for that -- the best way to prepare is to honestly assess the strengths and weakness of MMC.
« Last Edit: December 31, 2013, 08:09:52 PM by whynot »

Offline progmac

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Re: MMC GPU mining is super profitable!
« Reply #14 on: December 31, 2013, 08:45:41 PM »
i'm new to this and don't have a lot of insight to offer, but i'm sticking with mining PTS because i'm uncomfortable with the GPU situation with MMC. but CPU mining is also the entire reason i got into PTS, and then my interest in PTS led naturally to MMC
if you want to support my incoherent ramblings
Bitshares PTS: PrziMMpXMMu948j5H7yvj3Ry8mnZBbsMYR

 

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