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Title: Want to Start Mining, Where, How and What is needed [Where to start][April 2017] Post by: ivanst776 on April 04, 2017, 08:03:16 PM It's been a while since mining seems to be profitable and I'm wondering now to start mining (even though it is late)
My questions are: 1. - What to mine? 1. a) Does Ethereum worth mining? If now what alternative worth? 2. - What equipment are best values and that reached the ROI in a short period of time? 3. - I'm counting 0 cent for electricity just to estimate the profit, I'm thinking to buy graphic cards but is there anything better or any other alternative? Btw it costs $0.09 per kwh. Title: Re: Want to Start Mining, Where, How and What is needed [Where to start][April 2017] Post by: coinzoid on April 04, 2017, 10:17:07 PM 1) What to mine changes frequently. For gpu mining I recommend ETH if you have RX 480 and Zcash if you have GTX1070,80 etc.
2) RX480 has good ROI ATM for ETH mining. According to https://www.cryptocompare.com/mining/sapphire/radeon-rx-480-ethereum-mining/ it is 141 days, but you have better power cost and if you use a gpu with modified bios maybe roi will be better. But if ETH price/block reward drops and difficulty increases then ROI will be longer. I use 6 gpu rx 480 rig and mining eth +dcr as dual mine and I'm pulling around 900-1000 watts from wall. 3) You may consider buying ASIC miners but I have no idea if those would be better in terms of profit. Title: Re: Want to Start Mining, Where, How and What is needed [Where to start][April 2017] Post by: ivanst776 on April 06, 2017, 09:31:33 AM 1) What to mine changes frequently. For gpu mining I recommend ETH if you have RX 480 and Zcash if you have GTX1070,80 etc. 2) RX480 has good ROI ATM for ETH mining. According to https://www.cryptocompare.com/mining/sapphire/radeon-rx-480-ethereum-mining/ it is 141 days, but you have better power cost and if you use a gpu with modified bios maybe roi will be better. But if ETH price/block reward drops and difficulty increases then ROI will be longer. I use 6 gpu rx 480 rig and mining eth +dcr as dual mine and I'm pulling around 900-1000 watts from wall. 3) You may consider buying ASIC miners but I have no idea if those would be better in terms of profit. I'm thinking to purchase multiple RX 480 but I'm seeing that RX 470 has a better ROI time (reaching it faster) What I'm wondering more is about what coin to mine, I think only Ethereum but how do you dual mine? Does it dedicate all hash power to both coins or it is split into both of them equally? |