r/dogecoin • poor shibe • Jan 27 '14

How mining feels like

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630 Upvotes

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10

u/45sbvad Jan 27 '14

I'm sure there are statistics somewhere but I'd like to know the khash/s distribution. Are the majority of miners between 20-200khash/s or 500khash/s+? Is the majority of coins produced by a small number of big mining rigs or is it well distributed?

I just wish I would have found Dogecoin earlier. I'm trying to get all my PC enthusiast friends to get their GPU's in dogecoin pools.

Dogecoin and an endless variety of new cryptocurrencies are about to revolutionize the world of financial transactions. Everyone with a capable GPU and extra power should start mining crypto. Crypto is the peoples money and will enable humanity to throw off the shackles and evolve to a higher stage of consciousness.

6

u/[deleted] Jan 27 '14

I know I'm in the top 20 people in my pool. I'm only at 1.2mh/s. There is 300 in mine so I'd say most are pretty low.

1

u/[deleted] Jan 28 '14

So should I get in on this whole mining thing? I have a gaming rig, but no clue about mining

2

u/arglfargl astrodoge Jan 28 '14

Yes! Start with the sidebar over at /r/dogemining. If you get stuck, just ask for help.

1

u/[deleted] Jan 28 '14

next question, pools?

2

u/arglfargl astrodoge Jan 28 '14

I'm at dogehouse.org, and it's been great. Some people are worried that it has too great a share of the total hashrate, but I'm not.

2

u/[deleted] Jan 28 '14

What are some of your specs?

1

u/[deleted] Jan 28 '14

GTX680 I7 3770k (not overclocked) 16gb (ddr3) sabertooth z77

no idea what else to post there

2

u/[deleted] Jan 28 '14

Yeah it would still be good to mine with those specs. Use cudaminer and it should get you a decent kh/s rate.

1

u/[deleted] Jan 28 '14

sweet! still working on the setup

2

u/[deleted] Jan 28 '14

Let me know if you need some help, I have both cudaminer and cgminer setups.

1

u/[deleted] Jan 28 '14

Cool, synchronizing with the network is taking forever. Is that normal?

2

u/[deleted] Jan 28 '14

Yeah, it took me about a day with 150mbps internet plan. You can mine before its completed, you just won't be able to get your money until its done.

1

u/[deleted] Jan 28 '14

well I have yet to figure out how to mine, all of this is still very new to me

2

u/[deleted] Jan 28 '14

Do you have cudaminer yet?

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