Crypto Mining Blog
It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
Search
Search Results
Using LTC Rabbit as a Backup Pool for Multipool
11, Feb 2014
If you are mining for alternative scrypt cryptos at the moment due to their higher profitability compared to LTC, you are probably already using Multipool or another similar automatic switching pool. We are using Multipool and set one mining rig with four 280X cards on Multipool and have set LTC Rabbit as a backup pool to test instead of WeMineLTC or Coinotron that we usually set as our backup. The idea behind that pool is that you mine for anternative scrypt-based cryptos based on profitability along with LTC and you are directly getting payed in LTC, so this there is no need to transfer the mined alternative coins to an exchange and trade them for LTC. This way you get extra profit than directly mining for LTC. Our idea was to see what you can expect to get when Multipool has issues and they do have and the connection to their pools drops, so the miner goes to the backup pool. The result we’ve got for 24 hours is 0.07 LTC profit at the backup pool and about 1.09 LTC when we exchanged the mined alternative cryptos from Multipool to LTC. So if you do not have a backup pool set it will be a wise idea to do so in your miner (cgminer does support that, CUDAminer does not yet) and do use a different mining pool. Meanwhile we are heading for another drop in LTC difficulty in few hours, so the profitability of alternative cryptos such as DOGE will drop compared to directly mining LTC…
The MaxCoin time with CPU mining was very short and now everyone is mining with GPU as soon as it became available, so the MAX crypto continues will full throttle. If you are looking into mining MaxCoin with GPU, then you might find this helpful – download CUDAminer for Nvidia with keccak support or download cgminer 3.6.6 with keccak support from the link below if you are mining with AMD graphics cards using OpenCL. The keccak version of cgminer miner may not be 100% stable, but it will restart again if there is a problem and it crashes. And as a suggestion for a pool to mine MaxCoin in – try 1GH. Ypool has already closed their MAX pool due to the serious DDoS attacks that MaxCoin pools were getting since the crypto has been announced a few days ago and 1GH seems to have resolved their problems with the attacks they were getting as well and are probably one of the largest if not the largest MaxCoin pool at the moment. There is now a newer version 3.7.2(3) available that is much more stable and reliable than the version 3.6.6.
- In: Mining Software
- Tags: cgminer, cgminer 3.6.6, cgminer 3.6.6 keccak, cgminer 3.6.6 keccak windows, cgminer 3.6.6 windows, cgminer 3.6.6 windows download, cgminer for windows, cgminer gpu, cgminer gpu download, cgminer gpu support, cgminer keccak, cgminer keccak download, cgminer keccak windows, cgminer keccak windows download, cgminer max, cgminer maxcoin, cgminer sha-3, cgminer sha-3 download, download cgminer, download cgminer 3.6.6, gpu miner, GPU mining, Keccak, MAX, Maxcoin