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    Hello, new to cryptocurrency

    Newbies - New Members Must Start Here
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    • ?
      A Former User last edited by

      Hi guys,

      After reading a lot about it and finding it rather interested I decided to check out cryptocurrency.
      I chose to start out with FeatherCoin.

      I have some questions.

      • Currently I’m mining at 8000 hashes / sec. Is this a lot ? I see my CPU running 100% ? Can’t I use my GPU which is more powerfull (Gaming PC)
      • How long do I have to mine before I actually mine ‘something’ and how will I see it?
      • Can I buy FeatherCoins with USD without buying BitCoins and then exchanging them to FeatherCoins?
      • What’s the difference between pool mining & solo mining? Currently I’m solo mining because I need some extra dll or something to pool mine?

      Kind regards,
      Kevin

      1 Reply Last reply Reply Quote 0
      • zerodrama
        zerodrama Regular Member last edited by

        [quote name=“Cloetn” post=“36868” timestamp=“1385570377”]
        Hi guys,

        After reading a lot about it and finding it rather interested I decided to check out cryptocurrency.
        I chose to start out with FeatherCoin.

        I have some questions.

        • Currently I’m mining at 8000 hashes / sec. Is this a lot ? I see my CPU running 100% ? Can’t I use my GPU which is more powerfull (Gaming PC)
        • How long do I have to mine before I actually mine ‘something’ and how will I see it?
        • Can I buy FeatherCoins with USD without buying BitCoins and then exchanging them to FeatherCoins?
        • What’s the difference between pool mining & solo mining? Currently I’m solo mining because I need some extra dll or something to pool mine?

        Kind regards,
        Kevin
        [/quote]

        What hardware do you have?

        1 Reply Last reply Reply Quote 0
        • ?
          A Former User last edited by

          My suggestion is that you start with pool mining to start receiving partial Feathercoins unless you just want to purchase Feathercoins.

          I’m using a program called cpuminer (the executable is called minerd) so after the first setup it is quite easy.

          Frankly the whole .conf file issue was confusing to me at first but I went through that process and now it is done, though I don’t think you really need it do you?

          Join a pool first and then you can learn the details about how everything works.

          I’m still wondering if solo mining is suitable with Feathercoin (lower chance of payout, but payout is bigger).

          1 Reply Last reply Reply Quote 0
          • ?
            A Former User last edited by

            [quote name=“zerodrama” post=“36871” timestamp=“1385570966”]
            [quote author=Cloetn link=topic=4826.msg36868#msg36868 date=1385570377]
            Hi guys,

            After reading a lot about it and finding it rather interested I decided to check out cryptocurrency.
            I chose to start out with FeatherCoin.

            I have some questions.

            • Currently I’m mining at 8000 hashes / sec. Is this a lot ? I see my CPU running 100% ? Can’t I use my GPU which is more powerfull (Gaming PC)
            • How long do I have to mine before I actually mine ‘something’ and how will I see it?
            • Can I buy FeatherCoins with USD without buying BitCoins and then exchanging them to FeatherCoins?
            • What’s the difference between pool mining & solo mining? Currently I’m solo mining because I need some extra dll or something to pool mine?

            Kind regards,
            Kevin
            [/quote]

            What hardware do you have?
            [/quote]

            Processor: Intel® Core™ i5-3570K CPU @ 3.40GHz (4 CPUs), ~3.4GHz
            Memory: 16384MB RAM

            Nvida GeForce GTX 670 - 4GB

            1 Reply Last reply Reply Quote 0
            • ?
              A Former User last edited by

              [quote name=“RuneB” post=“36873” timestamp=“1385571272”]
              My suggestion is that you start with pool mining to start receiving partial Feathercoins unless you just want to purchase Feathercoins.

              I’m using a program called cpuminer (the executable is called minerd) so after the first setup it is quite easy.

              Frankly the whole .conf file issue was confusing to me at first but I went through that process and now it is done, though I don’t think you really need it do you?

              Join a pool first and then you can learn the details about how everything works.

              I’m still wondering if solo mining is suitable with Feathercoin (lower chance of payout, but payout is bigger).
              [/quote]

              So pool mining is a more steady resource than solo? Is there some list of pools I can join or is that the ‘MinerD’ thing you are talking about?

              1 Reply Last reply Reply Quote 0
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