Bitcoin Forum

Hi There, I'm not that expert in mining or not related to as I don't have that much money to buy powerful ASIC machines to mine bitcoins...

But, according to btcgpu.org Bitcoin Gold is for GPU miners.  ;D and that can really mine a lot of money using GPU's right?
How much money they can make with AMD RX580 8GB? Seems like a noob type question but really interested to know...  ::)

just the fact that you can mine it, alone doesn't mean it is going to also be profitable.

it depends on a lot of factors. most important of all is the price of Bitcoin Gold. then the cost of the mining, which is mostly the electric bill that you have to pay and the investment you have to make in the equipment.
so you can't really say "... mine a lot of money..." unless you see how much BTG is going to be traded at.

I'm curious too as to what the profits are gonna be with GPU mining :o I guess we'll have to wait after the 25th of October to know?

Yes, I guess too. And maybe BTG price will be same as BTC and if that happens that will be goldmine for GPU miners. Because I will purchase 4x AMD 580 then and start making money haha...  ;D

I would doubt this, very much... I don't foresee the price to be near the price of BTC. If it was, thousands of people would fire up their GPU mining rig, and drive the diff waaaay up. You'd still be making money in this (utopian) case, but i doubt it would be a "goldmine" (pun intended ;) )..

Don't get me wrong, i'd love to see a world where the bitcoin hashrate would become decentralised again, but i very much doubt that bitcoin gold will be the answer. I just think it'll become an altcoin, like many before, with the possible exception their blockchain will keep btc's transaction history up untill the point of the actual fork.
That's just my opinion tough, i can be wrong, but i doubt it...

Is there a site with settings etc so we can prepare?

Is there any pool for GTG?

Anyone knows when there will be more details about mining bitcoin gold - miner, pool, etc.?

After or before fork actually happens...?

We are hard at work to have a BTG pool up and running on launch day at https://poolmining.org. Please check back on launch day - assuming the BTG developers are able to hit their deadline of 25th October.

No reals informations about Bitcoin Gold mining.

If Bitcoin gold is GPU mineable, the expected revenue will depends of the numbers of miners and the price of the coin.
Do you have these information ? No.
ou have to wait and see the "D day".

But AMD GPU are bad to mine the expected BTG algo

Therefore, nvidia graphics will be preferred? Which algo is expected?

Looking on the other perspective, I think you've already highlighted the answer. I guess their domain name speaks for itself that this new fork of btc is for gpu miners. BTCGPU.ORG / BTC + GPU
As far as the price is concern, I'm sure that it wouldn't surpass or even get an equivalent price the same with BTC. It's already been tested out on the BCH fork and I have a strong feeling that it would be the same.

Well, if the fork truly happens then it's not bad idea to evaluate it first and try to gpu mine to check the profitability.

I'm seriously doubting if btc gold will be every proftiable. There are many miners that looking for an alternative to mining ETH, but this is you decision

There are great chance that bitcoin gold will be profitable. But that depend of number of people join mining.
Almost all coin are profitable on low difficulity, so worth to try in any case.

Initially miners will try mining bitcoin gold if it isn't profitable then they will just switch back to whatever is more profitable. It will be interesting nonetheless. Do we know what pools are going to support it?

Nothing is decided yet. It depends on its difficulty and coin price.
But AMD gpu seems to have low profitability compared to NVIDIA, because of its algorithm, equihash.

Who knows until it happens. It is being announced as equihash, so a computer could possibly handle it. It depends on many factors. The very fact that it is being put out there as a fork will give it some following and that could mean a lot of mining. The announcements seem to push people to trade and buy, but until that moment there is no telling what the diff will be, the value, or anything.

The developer is not very competent. So it might not happen.

Buddy, what you heard is right, Bitcoingold is mined using gpu cards and it is asic resistant. But now we cant say much about its profitability because I heard its mining will start from november15th. So lets wait till then. Even I am also planning to mine it. Just waiting for miners reviews about it. If its profitable I will try a hand on it . Hope its price will increase in future.

It should cost no less than 400-700$ to make it profitable to get it I don't see the benefits in production.  ???

Algorithm was announced as Ethash (same as ZEC/ZEN/etc) - so NVidia cards will have an edge at current pricing but the AMD RX 470/480/570/580 aren't going to be BAD choices, pretty close to a tossup on hash/$ at current pricing and as I recall hash/watt only favors the NVidia side a little.

 There is no way to know what the price is going to be or the total hashrate after the first few days - but I predict that total hashrate will settle in such that the profitibility ends up being very close to the same "basket" that ZEC/ZEN/ETH and such are in.

 Start of mining has been announced as 1 November - but last time I checked they still didn't have a working wallet.

They still haven't anything  >:( I think btcg have bad position in community

Doubt we will have the chance to mine this coin,still no info about it  ;D

It will be much easier than it was with zcash. Pool-algo-miner infrastructure for equilhash already done, we need just adapt

I am curious about mining BTG too. I don't know how many days it will take to mine one BTG with a GTX 1080. This coin is going to be very difficult to mine i think. Maybe more difficult than ETH. As Bitcoin is older than ETH.

no testnet yet?? and launching in 3 days??

shaddy at least...  ???

smells scammy ;)

Nvidia will be more profitable (but they are more expensive), algo will be the same of Zcash that is Equihash.
To say the truth I don't expect much profit from BTG mining. I think it would be great if it were possible to dual mine ETH and BTG :D

I waiting mining on BTG ::)

Yes, Bitcoin Gold is said to be GPU mine-able, although, its poor development hasn't informed the public for any useful information yet. The Algorithm will supposedly be Equihash, which is great news, you can even mine with older cards (With lower ram memory). However, we will have to wait for more information to be published within the next few weeks.

very disappointing that this has not been sorted by now. i thought it was going to be mineable on 1st november? but no announcement as yet

I think that the yield has fallen sharply compared to last year.

I think you have misprinted. Algorithm was announced as Equihash

@dstm, another interesting thing happened. Miner died after roughly 5 minutes of mining right after setting difficulties . Once I restarted the system it worked like a charm once again. This hasn't happened yet.

 Coin didn't exist last year. Or last month. Or TODAY yet.

 No way the yield can have dropped.

 Yep, that was a mistype, I meant Equihash.

They say AMD RX580 8GB does not show great productivity in mining, and some users say that when you stay active constantly, it starts to hang. If you have Bitcoins in your wallet, on Novembet 1 you will get BTG free.

Now people’s prognoses about Bitcoin Gold cost differ — guys suppose various information, from $140 for BTG to $380 for BTG. When the initial price will be known, we will learn all the details about miming of this crypto.

If you HAD bitcoins on selected block snapshot. The price is low and expect it to be lower when BTG is distributed.

I'm mining with a rx 580 8gb right now. I'm getting 292H/s with default specs, intensity = 9.

I'm looking for some config tweeks to lower power consumption and heat while increasing power, ideally.

Sorry in advance if thet question has allready been answered someone else on the forum.

Question:

Im owning a Nvidia geforce 680 GTX still :P
Guessing that one will not do the job for gpu mining.

What is the minimum needed equipment to mine  BTG / alt coin.

- What card would be needed for GPU mining?
- What CPU is needed for CPU mining?
- Power supply
- Ram

Just Minimum's requirements first please.
and what would be the most important factor.

Bitcoin Gold uses the same algorithm as ZCash (Equihash) so any ZCash Mining Guide should get you started.

As for a pool to mine on, https://poolmining.org/pool/btg is now open for business.

GPU mining for CPU It seems expensive. In addition, the use of electricity is great.

I once got the information that there are mining tools like usb. the price is relatively cheap. and can be used on laptops or cpu that perform low.
is this real ?

I suspect this might be a silly/newb question, but I'll ask anyway.

Mining BTG with my GPU, and in the space of 5 minutes, the hash rate reported by ZecMiner dropped by about 25%. Is there something external that causes this to happen, e.g. difficulty adjustment, or do I have a problem with my miner?

EWBF’s NVidia CUDA Zcash miner what kind of gfx card is this supposed to be?

Is this just a nvidia 1070 / 1080? or some exclusive Gfx card?

GPU is still the winner here don't fool yourself.
But you can play with other stuff.

 EWBF works with any NVidia 10xx series card and I believe also works with all the 9xx series cards and the 750 ti (Pascal and Maxwell generations).

 CUDA has been supported by ALL Nvidia cards (in some form) for quite a few years now.