New miner. Have a few question before I start mining.
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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.
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@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-tools7- 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/FeathercoinWalletGuideHappy Mining.
I hope this helps.
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I have a fee free P2Pool based in the UK ( neoscrypt.uk ) some others have P2Pools set up in various counties too.
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@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.
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@wreylza what nvidia? Type of graphics card or miner?
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@aciddude perfect man thank you!
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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.
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@miningdude22 GeForce GTX 1070, just a gaming rig, nothing special.