Posts Tagged ‘1GH pool’

MaxCoin Pools Still Under Constant DDoS Attacks

8, Feb 2014

maxcoin-alternative-crypto

It seems that since the launch of the MaxCoin some of the largest pools that added support for mining MAX cryptos are under constant DDoS attacks and that is preventing the normal mining of the currency by normal users. Not only that this is hurting the trust in the new crypto, but it is generally driving away users from pools, especially if the pools are not prepared for such attacks. As a result of the constant DDoS attacks ypool has announced that they are stopping the MaxCoin mining pool and they were probably the largest MAX crypto pool. Another big pool that reports issues from the DDoS attacks is the 1GH pool, but they are still holding up and have not yet announced that they will give up on MAX.

– For more information about the MaxCoin alternative crypto currency…

Protoshare GPU Mining Profitability Versus LTC Mining

1, Feb 2014

1gh-pts-mining-pool-gpu

The last 24 hours we tested mining Protoshares at the 1GH PTS mining pool using their GPU miner along with a single AMD R9 Radeon 280X graphics card to see what we can expect in terms of mined PTS and check the profitability if PTS mining with GPU versus LTC mining with GPU. With the difficulty of the Litecoin going back higher and the increase of the price of the Protoshares lately with the boom of GPU mining it is interesting to see what is more profitable to mine with your graphics cards.

The current Litecoin difficulty of 3300 ensures that with a single graphics card such as the Radeon 280X that we’ve used you are going to be mining about 0.2195 LTC per day. That is the earnings if you are directly mining LTC and not mining alternative cryptos that you then trade for LTC giving you higher profit.

The two CPUs we’ve used for mining are:
– AMD R9 Radeon 280X graphics card running at 1050/1500 clocks

The 1GH pool we used for PTS mining has:
– 3.5% fee

The total earnings for 24 hour period (confirmed + unconfirmed):
– 0.5229 PTS

The value of the Protoshares mined for 24 hours is as follows:
– 0.00799201 BTC
– 0.29450000 LTC
– ~$6.46 USD

So while there is not much point in mining Protoshares (PTS) with CPU anymore, there is a good point in mining for Protoshares instead of directly mining for Litecoin as this will give you slightly higher profitability if you exchange the mined PTS for LTC. Judging from our results you cans ay that at the moment GPU mining Protoshares you can earn about 34% more than mining with the same graphics hardware for Litecoins. So if you are interested in PTS mining, we do recommend you to give it a try at the 1GH PTS pool with a single GPU to see if you are going to be happy with the result you will get.


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