OK, Help a 'coins newbie out please.

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  • rogueteens
    So fucking bland
    • Jul 2006
    • 8005

    #1

    OK, Help a 'coins newbie out please.

    Yes, I'm very late to the party but I'm going to have a go at this altcon malarkey. I've brought some Ethereum from Coinbase and I'm currently mining some minor coins via Minor Gate which seems to be going rather well. My next concern is safely keeping my coins offline, so my question is ... is there such thing as an offline app or program that organises or stores wallets for various coins in one place or do I need to keep every alt coins separate?
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  • femdomdestiny
    Confirmed User
    • Apr 2007
    • 5185

    #2
    I ve tried miner gate last night. What is your computer hash rate ?
    Femdom Destiny


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    • rogueteens
      So fucking bland
      • Jul 2006
      • 8005

      #3
      Originally posted by femdomdestiny
      What is your computer hash rate ?
      I'd answer that question if I knew what it meant! :D
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      • Paul&John
        Confirmed User
        • Aug 2005
        • 8644

        #4
        Originally posted by rogueteens
        I'd answer that question if I knew what it meant! :D
        What number are you seeing? xxxx H/s (kH/s)
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        • rogueteens
          So fucking bland
          • Jul 2006
          • 8005

          #5
          Originally posted by Paul&John
          What number are you seeing? xxxx H/s (kH/s)
          Oh, I see. Very low (double figures) but then I am trying it all out on a very old machine (one star on the benchmark test, its also running on-board graphics) while simultaneously surfing and doing the odd bit of work . Yeah, I'm not a high rolling miner yet but I'm rather impressed at how little its disrupting the usage of this PC - i.e. not at all.
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          • GUNNER
            Confirmed User
            • May 2001
            • 2114

            #6
            Originally posted by rogueteens
            Yes, I'm very late to the party but I'm going to have a go at this altcon malarkey. I've brought some Ethereum from Coinbase and I'm currently mining some minor coins via Minor Gate which seems to be going rather well. My next concern is safely keeping my coins offline, so my question is ... is there such thing as an offline app or program that organises or stores wallets for various coins in one place or do I need to keep every alt coins separate?
            You can put them in Exodus to start, but by yourself a cold storage. I personally use the Nano Ledger S and can say it has worked flawlessly for me.

            Whatever you do, get them the fuck off Coinbase ASAP. That's an exchange and should only be used for that purpose
            gunner @tutamail.com
            25 years in the jizz biz

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            • ~Ray
              visit hardlinks.org
              • Jun 2003
              • 18361

              #7
              Good advice

              Ray
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              • rogueteens
                So fucking bland
                • Jul 2006
                • 8005

                #8
                Originally posted by GUNNER
                You can put them in Exodus to start, but by yourself a cold storage. I personally use the Nano Ledger S and can say it has worked flawlessly for me.

                Whatever you do, get them the fuck off Coinbase ASAP. That's an exchange and should only be used for that purpose
                cheers, you've given me food for thought.
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                • GUNNER
                  Confirmed User
                  • May 2001
                  • 2114

                  #9
                  Originally posted by rogueteens
                  cheers, you've given me food for thought.
                  gunner @tutamail.com
                  25 years in the jizz biz

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                  • NatalieK
                    Natalie K
                    • Apr 2010
                    • 20123

                    #10
                    holy fuck, one rule for one and one for another...

                    so many people shit on me for using aff codes when mentioning sites, saying its spam and shit...

                    http://gfy.com/fucking-around-and-pr...-currency.html

                    wtf is all that about? How come it´s alright for most to but not for me, maybe need to add trump into the thread and i´ll be alright or just be anyone else huh
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                    • Smack dat
                      So Fucking Banned
                      • Jul 2016
                      • 4613

                      #11
                      Originally posted by GspotProductions
                      holy fuck, one rule for one and one for another...

                      so many people shit on me for using aff codes when mentioning sites, saying its spam and shit...

                      http://gfy.com/fucking-around-and-pr...-currency.html

                      wtf is all that about? How come it´s alright for most to but not for me, maybe need to add trump into the thread and i´ll be alright or just be anyone else huh
                      I guess people would say you are too full on. Like your half page cock sucking sig that got reduced.
                      His ref link was pretty discreet and fitted in with the forum. Hell he even misspelled miner.

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                      • PornDiscounts-V
                        Confirmed User
                        • Oct 2003
                        • 5744

                        #12
                        Mining is a waste of your time unless you have something that can do 10,000 kH/s or more.

                        And do that efficiently. Otherwise you are paying an extra $50 per month in electricity to make $5 in coins. Not a problem if they skyrocket in price. But you are going to be waiting a long time for them to be worth anything.
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                        • rogueteens
                          So fucking bland
                          • Jul 2006
                          • 8005

                          #13
                          Originally posted by Smack dat
                          Hell he even misspelled miner.
                          LOL, you noticed that quicker than I did!
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                          • rogueteens
                            So fucking bland
                            • Jul 2006
                            • 8005

                            #14
                            Originally posted by GspotProductions
                            holy fuck, one rule for one and one for another...

                            so many people shit on me for using aff codes when mentioning sites, saying its spam and shit...

                            http://gfy.com/fucking-around-and-pr...-currency.html

                            wtf is all that about? How come it´s alright for most to but not for me, maybe need to add trump into the thread and i´ll be alright or just be anyone else huh
                            You honestly don't realise the difference do you? Even your complaint comes across as a spam post!
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                            • rogueteens
                              So fucking bland
                              • Jul 2006
                              • 8005

                              #15
                              Originally posted by PornDiscounts-V
                              Mining is a waste of your time unless you have something that can do 10,000 kH/s or more.

                              And do that efficiently. Otherwise you are paying an extra $50 per month in electricity to make $5 in coins. Not a problem if they skyrocket in price. But you are going to be waiting a long time for them to be worth anything.
                              yeah, I get that. but I'm just intending to have the mining going on in the background running low while the PC is being used for other stuff. I'm not going to go down the route of buying a shitload of graphics cards running full cores 100% 24/7.
                              I'm just looking at mining a few of the minor coins, build a small portfolio and see if I can grow it on the markets.
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                              • rowan
                                Too lazy to set a custom title
                                • Mar 2002
                                • 17393

                                #16
                                Originally posted by rogueteens
                                yeah, I get that. but I'm just intending to have the mining going on in the background running low while the PC is being used for other stuff. I'm not going to go down the route of buying a shitload of graphics cards running full cores 100% 24/7.
                                I'm just looking at mining a few of the minor coins, build a small portfolio and see if I can grow it on the markets.
                                If you're wanting to play with trading it would be much easier to buy in rather than mine. The latter will be a bit of fun, but it will probably take ages to build any useful volume. You're effectively trading the cost of electricity for coin, and if Bitcoin value continues falling (it's dropped about 20% from its peak a few days ago) you may end up starting off your coin trading with an effective net loss.

                                Comment

                                • rogueteens
                                  So fucking bland
                                  • Jul 2006
                                  • 8005

                                  #17
                                  Originally posted by rowan
                                  If you're wanting to play with trading it would be much easier to buy in rather than mine. The latter will be a bit of fun, but it will probably take ages to build any useful volume. You're effectively trading the cost of electricity for coin, and if Bitcoin value continues falling (it's dropped about 20% from its peak a few days ago) you may end up starting off your coin trading with an effective net loss.
                                  I get that, I've already brought into Ethereum. The miner is just hovering up some of the lesser known coins. I know at the moment this will proberbly be a loss but I'm only mining because I can! I wont be doing it for long - I'm doing it to learn really.
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