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Title: Mining and Bandwidth requirements ? Post by: Kprawn on May 11, 2014, 08:22:25 AM I was just thinking...
What kind of bandwidth, do you need for mining any type of crypto currency? Would YOU be generating massive amounts of data, that needs to go over data lines constantly at a fast pace? Will say.. A 4MB Adsl link suffice? I do not see many people factoring that cost into their profit calculation. Thanks for any kind of response. Title: Re: Mining and Bandwidth requirements ? Post by: Chrithu on May 11, 2014, 09:52:02 AM I was just thinking... What kind of bandwidth, do you need for mining any type of crypto currency? Would YOU be generating massive amounts of data, that needs to go over data lines constantly at a fast pace? Will say.. A 4MB Adsl link suffice? I do not see many people factoring that cost into their profit calculation. Thanks for any kind of response. If the pool is working effectively even a 56k Modem would suffice. Current bandwidth usage for my mining: 50 B/s Up and 15 B/s down. I'm mining just for fun, "because I can" with 2 5750 GPUs (for Litecoin on GHash.io at a combined 40 ish KH/s) and 2 Antminer U2s (for Bitcoin on GHash.io aswell at combined 4 GH/s). Be adviced though: Unless you got money for good hardware (good is severel hundred GH/s performance which means at least 400$ to 600$) and get electricity cheap mining isn't exactly profitable unless of course you are willing to make the bet that any Bitcoin mined today will be worth A LOT more in a few years. If of course you get electricity cheap and have cheap and easy access to GPUs you might want to look into mining Litecoin or Dogecoin and trade them for Bitcoin or use a multipool right away that does the trading of the mined Alternative Coins into Bitcoin automagically. Title: Re: Mining and Bandwidth requirements ? Post by: Nagato4 on May 11, 2014, 04:24:44 PM I was just thinking... What kind of bandwidth, do you need for mining any type of crypto currency? Would YOU be generating massive amounts of data, that needs to go over data lines constantly at a fast pace? Will say.. A 4MB Adsl link suffice? I do not see many people factoring that cost into their profit calculation. Thanks for any kind of response. With a suitable share difficulty (most pools will set it for you automatically after detecting your hashrate), your bandwidth usage should be very very low. Title: Re: Mining and Bandwidth requirements ? Post by: jkljb on May 11, 2014, 04:33:01 PM With the SG miner are less than 100 B/s.
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