Title: I am going to make a new thread that compares alt coin mining to btc asic mining Post by: philipma1957 on September 29, 2020, 06:25:58 PM spacer
to keep it simple i will use viabtc payment figures for eth 0.0281 per mh. a 100 watt amd rx 5600 can do about 40 mh or 1.12 usd before power btc 0.0724 per th a 3300 watt s19pro can do about 110th or 7.96 usd before power cost. the issue with the info above is many dont know how to compare the two. so i am going to attempt to simplify a comparison for you. i will use 1 s19pro 2 s17pro 5 card amd 5600 xt rig cost 1 s19pro about 2800 usd 2 s17pro about 2200 usd five card amd rig about 1600 usd power s19pro about 80kwatts a day 2400kwatts a month 2 s17pro about 120kwatts a day 3600kwatts a month set to turbo amd rig about 15kwatts a day 450 kwatts a month. power cost monthly s19 pro. 240 usd at ten cent power. 120 usd at five cent power s17 pro. 360 usd at ten cent power. 180 usd at five cent power 2 units amd rig. 45 usd at ten cent power. 22.50 usd at five cent power hash rate s19pro 110th s17Pro. 114 th on turbo 5 card rx5600 rig 200mh earnings pre power s19pro 7.96 daily. 238.92 monthly s17pro 8.25 daily. 247.50 monthly 5 card rig 5.62 daily. 168.60 monthly Title: Re: I am going to make a new thread that compares alt coin mining to btc asic mining Post by: philipma1957 on September 29, 2020, 06:26:20 PM spacer
so as of sept 29 s19pro 238.92- 240.00 loss of 1.08 at 10 cent power 238.92- 120.00 gain of 118.92 at 5 cent power s17pro 247.50-360 loss of 112.50 at 10 cent power 247.50-180 gain of 67.50 at 5 cent power 5card rig 168.60 - 45.00= 113.60 gain at 5 cent power. 168.60 - 22.50 = 146.10 gain at 5 cent power so on sept 29 mining eth with a gpu rig wins over mining btc with an asic also mining eth with a gpu rig at nicehash autovert to btc wins over directly mining btc with an asic. I will revisit this in a week. Title: Re: I am going to make a new thread that compares alt coin mining to btc asic mining Post by: Fab49ers on September 30, 2020, 03:02:40 PM Amazing!
Clear and Simple explanation! Years later I still learn from you philipma1957, I don't know how to say thanks! On the other side, it looks like the right time to re-start mining..... 1 rig at a time this time! (learning from 2018!) Please keep the thread updated as much as you can, that compare is really interesting. Title: Re: I am going to make a new thread that compares alt coin mining to btc asic mining Post by: arielbit on September 30, 2020, 04:51:59 PM with the new leg up in GPU tech, the gap with ETH asic mining vs ETH gpu mining is now very close.
since litecoin days we never seen a coin that grew to millions to billions of market capitalization where GPU mining was kicked out since the beginning of ETH. ETH plan to move to POS is waste of such a feat in terms of mining with commodity hardware (GPUs) for a coin who resisted ASIC mining dominance. Title: Re: I am going to make a new thread that compares alt coin mining to btc asic mining Post by: philipma1957 on September 30, 2020, 06:10:28 PM Amazing! Clear and Simple explanation! Years later I still learn from you philipma1957, I don't know how to say thanks! On the other side, it looks like the right time to re-start mining..... 1 rig at a time this time! (learning from 2018!) Please keep the thread updated as much as you can, that compare is really interesting. My goal is 1 day a week. so Oct 6 would be next update. now to keep it simple It will just be : eth with 5x amd 5600xt btc with 2x s17 pro btc with 1x s19 pro five cent power and ten cent power to all if you don't want to hodl eth you can either use a pool like nice hash to auto convert to btc. or use a different auto convert pool full disclosure I manage 50 gpus mixed nvidia and amd almost all mine eth at nicehash. 1 rig mines progpow at nicehash I also manage 4.5gh of asic ltc and lastly 1.7ph of asic btc watt earning power is critical to know how to manage gear. right now gpu to eth or gpu to eth to btc has the best bang for the watt by far. @ Arielbit eth has no pressing need to drop gpu mining at the moment so most likely they will (joke I hope) |