To test a few crypto-strategies, I decided to mine Saturncoin despite noticing a number of suspicious flags in the bitcointalk forum.
The first mining method I wanted to test was failover-only mode. My hope was that by setting up a pool before Saturncoin was mineable, cgminer would instantly start mining it as […]
After reading about the new cryptocurrency Potcoin (POT) on this website, I started mining POT. I’m operating a scrypt miner hashing at a rate of 1 Mhash per second and I’ve been able to mine more than a thousand Potcoin as this cryptocoin’s momentum continues to grow.
The majority of online markets (a large […]
The idea of mining cryptocoins before they are available for trade on the major exchanges like Cryptsy, Vircorex, or Coinex has interested me for some time. Now that I have my miner functioning fairly well (described here), I can actually focus a bit more on the ins and outs of mining […]
On Sunday (1/19/14) I ordered an MSI Radeon R9 290X. I obsessively tracked the Fedex order, refreshing the page on Wednesday (1/22/14) morning to see that it had just landed in Fairbanks, Alaska and was scanned upon arrival at the local Fedex shipping facility. I immediately drove to the facility to pick up […]
By the time I even considered getting involved with mining Bitcoin, very expensive mining machines and online GHash commodity markets were the norm. I had been seen mining equipment that was profitable in 2013, but even then I told myself it wasn’t worth the time, effort, and money.
The trading exchanges and ability to […]
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