Sorry for the interruption, but when you are talking about hashrates in MH/s, which mining algorithm
are you referring to?

SHA-256, Scrypt, ETHash, X11, etc.

He posted the same thing in my new Cloud Mining thread.

Just ignore him.

Be careful.

You may lose your mined ETH tokens if you send them to a bitcoin wallet address like Luno.

You should install another multi-token wallet like Exodus Wallet

http://exodus.io

Store your ETH tokens there.

When the time comes to cash out,

convert the ETH to BTC within the Shapeshift built-in exchange in Exodus.

Then only send the bitcoin to Luno to buy Malaysian Ringgit.

I am not sure where your ETH tokens will go.
To put a stop to it immediately, do as I say and install Exodus first.
Then point your ETHMiner to the Exodus ETH wallet address.

I am quite sure you won't see any bitcoins deposited into your Luno wallet.

But what are you mining?

Ah, now I understand.

Equihash mines ZCash.

And nicehash converts ZCash into bitcoin.

Now it makes sense that you can point the nicehash to your Luno bitcoin wallet.

I am a cloud miner, not a home-based miner.

You can have a look at my cloud mining thread if you like.

https://forum.lowyat.net/topic/4333661

Yes.

Once you have some coins deposited into its wallet, you can make a backup of its private key for safekeeping.

If you can find your Bittrex BTC wallet address in your Bittrex account, you can copy and paste it into nicehash.

Should not be any problem.

Sorry, I have no idea what could be wrong.

Hello everyone!

I am the starter of the recent Cloud Mining thread.

Just dropping by to see how my fellow miners are doing.

There is a huge potential for very attractive returns based on the renewed interest
in cryptocurrencies by the global community in the near future.

Happy mining, and make lots of money.

I would suggest Nanopool. It is more efficient and have lower mining fees than Minergate.

Have a look at this remote hosting mining site in the U.S.

https://www.giga-watt.com/

You can buy the Bitmain Antminer L3+ from them at less than USD2K, inclusive of PSU.
They are also currently out of stock. This is a worldwide situation.

They will host the L3+ for you (but you own it) at their datacenter with very attractive hosting rates (include facilities rental, electricity, maintenance)
They will deduct the daily hosting fee from your daily Litecoin payout.
You don't have to worry about having that big monstrosity in your house generating heat and very loud humming fan noise.

Check out their website for further details.

I am also interested.

Possibly.

Bear in mind that the L3+ has a useful lifespan of 2.5 to 3.5 years only.
After that, with the increased LTC mining difficulty, it becomes not profitable to operate.

I think jack2 is referring to the Antminer L3+ which operates at only 800W.

How to convert 800W rating to power consumption in KwH?

Does this answer your question?



If it does, just head over to the cloud mining thread here.

https://forum.lowyat.net/topic/4333661

I agree.

Eh? I remember you don't advocate cloud mining due to your bad experiences with Mt Gox and CEX.IO?

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The two L3+ miners have a combined hashrate of 1,008 MH/s to mine Litecoins.



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