Bitcoin Forum

I've been running the nicehash miner with (2) GTX 970s because that's all I have at this point. Is there a better alternative? The algo switching function is nice. I don't expect to profit much. It's really a trade off of electrical bill vs small amounts of bitcoin daily. Like a really lazy way to spend $0.50 a day investing in BTC.

Running more power efficient algos has been the key to generating anything of value.

With GTX 970s your not just trading electrical bills to bitcoin daily. You're losing more money because the GTX 970 has very poor efficiency in terms of mining. Before you go on and start looking for efficient mining software and all that, make sure you have the right hardware in the first place.

You are better off buying $0.50 bitcoin daily instead of mining with your 970.

Power efficiency can be a double edged sword, it could mean the GPU can't run
all cores full throttle due to resource limitations like memory.

There are miners and there are mining managers. Most mining managers also have built in
miners and/or can be configured to use 3rd party miners. There are several promoted in this forum
with built in 3rd party miners for AMD, Nvidia and CPU. Nicehash miner uses its own builtin miners.

There are quite a few NiceHash alternatives that you can try:
https://bitcoinminingsoftware2019.com/alternative-to-nicehash/

but as mentioned above, don't expect miracles with the GPU you have.

You can check this thread here for alternative GUI miners:

https://bitcointalk.org/index.php?topic=5096524.0 (https://bitcointalk.org/index.php?topic=5096524.0)

If you want to dig deeper you have to choose a coin to mine and the respective mining software, mining pool and wallet.

Thanks for the suggestions everyone. I enjoy mining personally so even if it's at a loss I'll probably continue to do it. The power cost is negligible as opposed to running one of my dormant antminers. They've not been on in months.

Keep on mining  :)

Alternatives to NiceHash
Kryptex. Kryptex mines cryptocurrency and pays you bitcoins or real-world money. ...
MinerGate. ...
MultiMiner. ...
JSEcoin. ...
Cudo Miner. ...
CoinImp. ...
Awesome Miner. ...
Xtreme Minergate Bytecoin Miner.

maybe you should try to use hiveos. so far my operating system uses this and everything works fine, this os also regularly updates if there is a miner update

Those GPUs were never really good at mining, even during profitable times. The good news is that there is still a demand for those old GPUs with Gamers.

My suggestion is to put them on Craigslist or Facebook market place and sell them and get a pair of RX 470 GPUs instead, with those you can make like $0.20 or so with fair power rates like 10 cents per kwh. You won't be getting rich but at least you will learn the trade and maybe ETH in the future might go up in value and it will all pay off.

Nvidia GPUs usually sell very fast even in times like today where there is a huge supply of second hand GPUs out there.

In other words: "I enjoy losing money and i'll continue to do it."

Lol. People can get weird sometimes. Not sure if its just for the post count or attention but i'm never met a real person in real life who likes loosing money. Even some gamblers i know who act tough always hurt in the end when they lose big time.

Winter is coming. Some ppl use rigs to heat their homes.

as most of guys said
selling these cards better than mining on them
but if u want to keep them
i would suggest to go with one of these

Betterhash - a good alternative to nicehash miner

Awesome miner - it is just a mining manager help u to connect to other pools and profit switching pools <--- Best in my opinion

Try coinfly OS  (coinfly.cc)

 We have the most profitable ETH pool in the world!

And we lookinng for testers:
https://bitcointalk.org/index.php?topic=5144369.0

come on, guys! the profit we are earning from the coin is not depending on the pool, but depends on the global hashrate and coin's price..
so this is looking a bit like advertisement to me )

p.s. god, I'm missing that old good times back in 2017 when you can mine almost any coin and have decent profits..

You are right. Our system, depending on the equipment, simplifies setup, increases system stability and reduces ping. All this affects profit. It's also no secret that all pools steal HR.

Yup, I agree with you. Heating via mining can be a game changer when it comes to costs, especially in colder countries.