Forum Home
    • Register
    • Login
    • Search
    • Recent
    • Tags
    • Popular

    New miner. Have a few question before I start mining.

    Newbies - New Members Must Start Here
    5
    8
    2836
    Loading More Posts
    • Oldest to Newest
    • Newest to Oldest
    • Most Votes
    Reply
    • Reply as topic
    Log in to reply
    This topic has been deleted. Only users with topic management privileges can see it.
    • M
      miningdude22 last edited by

      Hello anyone who is reading this. My name is miningdude22. I am currently looking to get back into mining feathercoins. I used to mine but after that big attack on cryptocurrency I stopped. So now that I’m hearing it’s safe and a lot better now to get into mining, I am looking to start. Buttttt I have a few question.

      1- If I started mining is there a limit to how much I can Kh/s?

      2- How do I cash out my feathercoins for real money?

      3- Should I set-up a rig to mine at 30,000Kh/s?

      4- Using the feathercoin mining calculator on coinswars, is the block difficulty really from 6-35?

      5- What pools are people using to mine feathercoins?

      6- How are you guys mining? GUI? NEO? Or??

      7- How do you guys exchange your feathercoins for real cash?

      8- If I’m missing any other important questions I should have asked please let me know.

      If you guys don’t want to post the answer to my questions on here, please feel free to email me.
      [email protected]

      Like I said I’m serious about getting back into mining and would like to know a little more before I shell out the money for a rig.

      AcidD 1 Reply Last reply Reply Quote 2
      • AcidD
        AcidD Moderators @miningdude22 last edited by

        @miningdude22 said in New miner. Have a few question before I start mining.:

        Hello anyone who is reading this. My name is miningdude22. I am currently looking to get back into mining feathercoins. I used to mine but after that big attack on cryptocurrency I stopped. So now that I’m hearing it’s safe and a lot better now to get into mining, I am looking to start. Buttttt I have a few question.

        1- If I started mining is there a limit to how much I can Kh/s?

        2- How do I cash out my feathercoins for real money?

        3- Should I set-up a rig to mine at 30,000Kh/s?

        4- Using the feathercoin mining calculator on coinswars, is the block difficulty really from 6-35?

        5- What pools are people using to mine feathercoins?

        6- How are you guys mining? GUI? NEO? Or??

        7- How do you guys exchange your feathercoins for real cash?

        8- If I’m missing any other important questions I should have asked please let me know.

        If you guys don’t want to post the answer to my questions on here, please feel free to email me.
        [email protected]

        Like I said I’m serious about getting back into mining and would like to know a little more before I shell out the money for a rig.

        Hello, Welcome back to the community.

        First - I have no idea what you mean by " I used to mine but after that big attack on cryptocurrency I stopped. " Please do share more…

        Now let me try to answer your questions.

        1- If I started mining is there a limit to how much I can Kh/s?
        There is no limit set by Feathecoin, the more hardware you have the more Kh/s or Mh/s you will have.

        2- How do I cash out my feathercoins for real money?
        If you’re in China, there’s a direct FTC to CNY exchange. 19800.com
        If you’re based in the UK there’s Bittylicious
        Anywhere else, trade your FTC for BTC and sell your BTC.

        3- Should I set-up a rig to mine at 30,000Kh/s?
        That is an insane amount of hashing power - Go for it man!!!

        4- Using the feathercoin mining calculator on coinswars, is the block difficulty really from 6-35?
        You can use this to look at the median difficulty
        https://bitinfocharts.com/comparison/feathercoin-difficulty.html
        Difficulty adjusts more regularly than other coins like BTC or LTC.

        5- What pools are people using to mine feathercoins?
        Personally I use Give-Me-Coins. p2pool is also a good shout and with the amount of Kh/s you mentioned, you should probably stick to p2pool.

        6- How are you guys mining? GUI? NEO? Or??
        I dont know what “NEO” means.
        I mine with @ghostlander’s NSGMiner. It’s the fastest and most stable NeoScrypt miner there is. NeoScrypt is the encryption algorithm Feathercoin uses (Bitcoin uses SHA256).
        I do not use a GUI because I prefer command-line-tools

        7- How do you guys exchange your feathercoins for real cash?
        This is more-or-less a repeat of your 2nd question. Me Personally, I have not sold a single Feathercoin ever…and I don’t plan on selling any time soon.
        (I have sold very small amounts as examples to newbies and for tutorials etc…)

        8- If I’m missing any other important questions I should have asked please let me know.
        You should look at the FAQ section of the forums and check out the wallet guide @wrapper has done.
        https://github.com/wrapperband/FeathercoinWalletGuide

        Happy Mining.

        I hope this helps.

        • FTC Block Explorer + API @ https://fsight.chain.tips
        • FTC Beer Money: 6x4LEQV88zRnBvZoH6ZNK6SeRxx4KiTyJs
        • FTC bech32 address: fc1q4tclm3cv4v86ez6el76ewmharexfapxhek5a03
        • BTC bech32 address: bc1qk8umuccapuafspk9e5szahvp0detafuzugv4ay

        M 1 Reply Last reply Reply Quote 3
        • hal
          hal Regular Member last edited by

          I have a fee free P2Pool based in the UK ( neoscrypt.uk ) some others have P2Pools set up in various counties too.

          1 Reply Last reply Reply Quote 2
          • wreylza
            wreylza last edited by

            @ghostlander 's NSGMiner is bloody amazing and builds like a dream, but I’m on Nvidia, and am getting 3x the hash rate out of the CUDA optimized ccminer.

            M 1 Reply Last reply Reply Quote 2
            • M
              miningdude22 @wreylza last edited by

              @wreylza what nvidia? Type of graphics card or miner?

              wreylza 1 Reply Last reply Reply Quote 0
              • M
                miningdude22 @AcidD last edited by

                @aciddude perfect man thank you!

                1 Reply Last reply Reply Quote 2
                • Orgest
                  Orgest Regular Member last edited by

                  One great advice: mine the shit out of it and don’t sell anything until the price reflects it’s true value. $1500 in 10 years.

                  1 Reply Last reply Reply Quote 0
                  • wreylza
                    wreylza @miningdude22 last edited by

                    @miningdude22 GeForce GTX 1070, just a gaming rig, nothing special.

                    1 Reply Last reply Reply Quote 2
                    • First post
                      Last post