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I was always been hesitant in terms of mining bitcoin because I only uses my gpu for mining.

Tho recently I have discovered that monero can be easily mined using gpu than other coins since it does not used ASIC.

I just want to learn more about it if it would really be beneficial in my end.

Here is my current cpu spec.
8gb ram
i3 7th gen processor
1050ti gpu.


Base on your estimation how much monero coin can I mine for that specs per day


Disregard the current cost for electricity for i will be gathering more infos about it in my place.

under 1 usd worth of monero

https://www.nicehash.com/miner/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje

this is doing 670 mhs which is 39 cents

it will bounce to 2x that about 1340 mhs  which is 78 cents.

It fluxes and the average is 65-70

it is a thread ripper cpu about 800
2 1050ti's                     about 440 as I down clock
1 rx 560                       about 270
so when  really clicking I get close to 1500  and 99 cents                 

you will be doing 150 on the cpu and 300 on the gpu = 450 say 26 cents a day  and that is at best.

@philips
Shocks, I have to understand more about your computation. Did you compute based on my specs or yours since you have stated that you used 2 1050ti's

What certain site or tools where you mine monero?

EDITED: I kinda get what are you talking about so basically i will be getting less than 1usd per day for 24hrs of mining using that spec right?

Are you for real or are you just spamming your signature? I'll give you the benefit of the doubt but you gotta be pretty stupid to not see what staring you right in the face. You should really try and use google to search for answers to basic questions. One has no business mining if one can't do research because making a profit from mining requires diligent research. You can't just ask everything on a forum and expect good profits if any at all.

If you can't give an answer then just shutup. I do my research of course. Plus don't reply to a topic if you don't have something to contribute. If you have a problem with me then go to the right board.

Looks who is trolling around here just to keep his Ico shitcoin seen.

I was also given a decent answer with the guy above that helps me more than your trolling does.

If you think that google have all the right answer then you are more stupid. Whats the sole purpose of having a forum for us to discuss pretty smart you are right?

If you think that being a savage can make you look smart then you really are pretty stupid

Asking is a part of my research it isn't it obvious? Plus i would rather get the real info from a real miner than reading an article from whoever bloggers that can be found in googling who actually doesn't have an idea what they are actually saying.

calm down, bud  ;D

The atmosphere in mining (altcoins) isn't the same as Meta.

You ask something that has been discussed a lot, your question above is like the Merit question in Meta like this:

• How to get Merit
• The tips for getting Merit
• etc.

There are several things that can affect profits:

• Type/series your device, you can jump to whattomine
• Hashrate generated from your device then comparing with the Network/diff of coin that you will be mining.
• The electricity and internet costs.

I read somewhere that whattomine.com is not accurated. I dont know if it is thrue.
If I was you I would mine something else then XMR. The profit sucks. I mined XMR also but there were minimal profits.
You can take the topic What coins are CPU  minable. If it is CPU minable it is also good with the GPU.
You can take a look at: Nimiq and Credits. There are more coins that you can minable with your CPU/GPU. But that will do some research.

yes, whattomine doesn't guarantee 100% accurate (only e.x)

I have never mined monero for 7 months, so far I only mine (ETH, ETC) sometimes SoloMining Shitcoin with my rig (RX series: 480,580) and R9 series

My xmr rig

https://www.nicehash.com/miner/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje

1 ryzen thread ripper 1920x
2 1050ti's
1 rx 560


about 1500 hash  I burn 240 watts to earn about  1.15 a day  at 10 cent power  that is about 57 to 60 cents in power cost  net 58 cents

 my rig  cost more then 1500 usd  do the math  close to 3000 days to pay itself off.

but it is paid off  when times were good.

So for me it pays to make the 58 cents profit



1 1050ti  about 300 hash
1 i7 cpu  about 150 hash

450 total hash

and you will spend  close to 80 -110 watts  or 20 to 30 cents in power  earning 37 cents  so 7 to 17 cents profit  but profit none the less.  Since you own the gear.


I also use my threadripper to develop gear.

I am running a fpga  some videos.

https://www.youtube.com/watch?v=Yle13b1kgWo&lc=z23etrlgxmmwgf3tqacdp430p5j21bb2e1d3ovmwgx1w03c010c


https://www.youtube.com/watch?v=_bet2aRAhvw


so the rig is making 50 cents but allows for testing other gear.

I am more interested in seeing your FPGA, I am very curious about this device, unfortunately not enough money to buy it ;D

nVidia cards for CN7... and on Nicehash... lol!

All kinds of wrong.

I get it, I just wanted to create a much latest conversation with regards to monero mining since I have seen some threads which is actually not updated.
I will definitely try your second suggestion



Great I was just starting today by the way what miner are you using the xmr stack? Just started mining today using my cpu

currently has a power of 65h/s



What makes it wrong by the way?

it means on every type/series of GPUs has advantages/disadvantages to some algorithm of coins. such as AMD series almost all excellent in EThash algo and NVIDIA excellent in Equihash algo. So he/she considers that 1050ti is not suitable for CN7 and NH often referred to as automatic coin switches.

Here (https://www.whattomine.com/coins?utf8=%E2%9C%93&adapt_q_280x=0&adapt_q_380=0&adapt_q_fury=0&adapt_q_470=0&adapt_q_480=3&adapt_q_570=52&adapt_q_580=0&adapt_q_vega56=0&adapt_q_vega64=0&adapt_q_750Ti=0&adapt_q_1050Ti=1&adapt_1050Ti=true&adapt_q_10606=0&adapt_q_1070=0&adapt_q_1070Ti=0&adapt_q_1080=0&adapt_q_1080Ti=0&factor%5Beth_hr%5D=13.90&factor%5Beth_p%5D=70.00&factor%5Bzh_hr%5D=15.00&factor%5Bzh_p%5D=75.00&factor%5Bphi_hr%5D=6.00&factor%5Bphi_p%5D=75.00&factor%5Bcnh_hr%5D=320.00&factor%5Bcnh_p%5D=50.00&cn7=true&factor%5Bcn7_hr%5D=300.00&factor%5Bcn7_p%5D=50.00&factor%5Beq_hr%5D=180.00&factor%5Beq_p%5D=75.00&factor%5Blrev2_hr%5D=14500.00&factor%5Blrev2_p%5D=75.00&factor%5Bns_hr%5D=420.00&factor%5Bns_p%5D=75.00&factor%5Btt10_hr%5D=7.00&factor%5Btt10_p%5D=75.00&factor%5Bx16r_hr%5D=4.00&factor%5Bx16r_p%5D=50.00&factor%5Bl2z_hr%5D=0.60&factor%5Bl2z_p%5D=70.00&factor%5Bphi2_hr%5D=1.20&factor%5Bphi2_p%5D=75.00&factor%5Bxn_hr%5D=1.00&factor%5Bxn_p%5D=75.00&factor%5Bhx_hr%5D=3.30&factor%5Bhx_p%5D=75.00&factor%5Bcost%5D=0.1&sort=Profitability24&volume=0&revenue=24h&factor%5Bexchanges%5D%5B%5D=&factor%5Bexchanges%5D%5B%5D=binance&factor%5Bexchanges%5D%5B%5D=bitfinex&factor%5Bexchanges%5D%5B%5D=bittrex&factor%5Bexchanges%5D%5B%5D=cryptobridge&factor%5Bexchanges%5D%5B%5D=cryptopia&factor%5Bexchanges%5D%5B%5D=hitbtc&factor%5Bexchanges%5D%5B%5D=poloniex&factor%5Bexchanges%5D%5B%5D=yobit&dataset=Main&commit=Calculate) is the exact estimation of whattomine based on your exact specs (1x 1050ti) and a KW/H @ $0.10. By experience, you need to lower the estimation by ~15% (downtime, pool fee, miner fee, ...) and in your case, you will earn even less because you are powering "unnecessary accessories" (CPU, motherboard, ...) for only 1 GPU. So it won't make you rich anytime soon but don't give on the idea, mining will help you better understand another face of this crazy crypto world.

I think i just have to utilize my cpu power as well to mine monero on its current power (65h/s). Then try to run my gpu to mine other coins like bitcoingold


Is that even possible to mine 2 coins at the same time?




I see hmm, i started researching to what equihash coin best to mine and it seems that bitcoin is the best one. Or do you have any suggestions?

Don't care about either of your ICO promo's ... Never heard of either of those shitcoins.  Still don't care.  If you think btc is an equihash coin, why did you ever invest your money in a losing ICO? Lol  ;D  Just keep investing in ICO's my friend ... Lol.

except mine are locked into  1 algo cn7


i don't use switching option.

and I use xmr  from GitHub to mine I point at nicehash for now.

As that rig is paid off and will soon be changed around. As it is a developmental rig.

FloppyPurpleGherkin  looks  at coins in a different manner then I do.

We use different styles to mine for a profit.

Yes  here is a different rig mining eth and cn7

https://www.nicehash.com/miner/146UJM5kgzLVUV23CXCf33KQKHckoX1gx3

this has 3 1080ti's they mine eth


a ryzen 2700 cpu it mines   cn7

this rig earns 4 a day  power is 600 watts  or 15k-watts at 10 cents that is 1.50   so it profits 2.50 a day

it cost more then 2500 usd to build  do the math it would take more then 1000 days to pay off


 but it is paid off from when times were good.  so I take the 2.50 a day.

I also mine btg and hodl it I have about 16 coins I earn about .333 coins a day  which is around 7 dollars

I spend about  36kwatts a day to mine them  or 3.60  my long term is  to mine 100 coins and hodl I make about 3.40 usd a day on this coin.

So I am earning under 7 dollars a day on my gpus.

I was earning more then 400 a day  last december.

Monero is one of the few cryptocurrency that can still be mined using a CPU; however, the GPU can provide significant and often more valuable performance improvements.
GPU mining on Linux vs. Windows and Mac
Windows has excellent support for Nvidia and AMD GPUs. Drivers are available, configuration software works fine, and overclocking is quite simple. Mining using Windows with GPU is an excellent choice with purchased Windows licenses, experience in the Windows environment, and the availability of GUI-based settings.

Mac also has strong support for Nvidia and AMD GPUs. Hardware is often more expensive, but if it is available, it can be easily remade to mine Monero.

Yahh ROI 600 days, but your gpu dead after 200 days :)

do you understand what the purpose of OP is?
OP and some of the members above aren't talking about the OS being used although what your explained is make sense. Please stay on the right track.

Dead after 200 days? You're doing something wrong, sir...

Instead of 1050ti is much better RX560 4GB for Monero mining. Even 2GB should be still fine, but not for other algos like CN-Heavy.
i3 is waste of money. You won't mine enough for ROI anyway pretty much every newer Celeron is enough for 6 GPUs even more.
I have in my rigs G3930, works just fine and you can mine with 1 thread for example AEON, but it is slow of course.

Well I guess that is where the real problem starts. I have no background about mining and I am only using my current cpu set up to mine this coin. Which is i think obviously not a good idea because i was obviously using the wrong tools for monero. I guess i should just find a coin to mine that has a good value that suits to my current tool.
However I will still continue the experiment for a month



UPDATE: I did mine yesterday for 14hrs
 Difficulty level: around 10 - 15k
 Hashrate : between 45- 65h/s
 Coins I have earned: 0.000125267853
 For the i3 7th gen cpu.
 Using JcE miner


I still have to setup my gpu mining as I am having problem with the xmr stak as it won't load up.
 

With the RX560 you can have more than 400H/s with aprox. the same power consumption or a little bit higher.

It is the only coin worth mining with any Gpu for the longer term. All other coins are invaded by ASICS , while the Monero developers when ASICS hit the market immediately change their algorithm to V7 in order to give power to the users and keep the Monero coin as decentralised as possible.

The best cards to mine with are the Rx Vega series which with modified bios will give you 2000 h/s per card, so a rig with 6 cards will give you 12.000 h/s or 1.20 mBTC daily or about 9 USD daily. Calculations done in Nicehash.

that is correct.

I now have 2 vega 56's and a threadripper  same bios no flashing  doing about  4600  or around 3.30 a day.




BTG  may be good for nvidia 1080ti  they did fork and say they will fork again


ETH is okay for a 1080ti rig if you have  the eth pill and rig was paid up already

If you want to try mining you can buy some used cheap mobo with Skylake or newer Celeron and RX460/560 4GB or even 2GB for Monero, it won't cost much. Or if you want it even cheaper and don't much care about power consumption you can grab some old Core 2 DUO desktop from ebay or even i3, i5, is cost like 50-75 USD but watch for PSU it has to be enough for at least one GPU card or you need to buy better one. Connect GPU and you can happily mine with very cheap rig.

I dont think GPU will be dead in 200 days.

I have small rx 560 2gb rig.
XMR is the only thing I'm mining now, profits are small but consistent and power draw/temps are lower than Ethash.
Ethash algo is pretty much dead for me, I see no small DAG coins that are worth mining except maybe Ether-1. Not sure if I want to throw my rig at it yet.

The problem is I still don't have that amount to buy that certain card as of now. That is why I should have to stick for 1050ti for now.



That is the exact reason why I became interested in mining since the developers are working to keep this coin as decentralized as possible so everyone can mine small time or big time around the world.



Your rx rig consists of how many gpus btw? and how much are you getting from that rig

better mining on Shitcoin, major (XMR, ETH, ETC) coin with that's device doesn't profitable unless doesn't have problems with electricity cost, especially on EThash algo your VRAM very worries.

ROI has gone through the roof on nearly all coins including Monero, lots of current miners are dumping for the slightest bit of profit as they have already ROI from Xmas last year.

with 2 GB it is no longer possible to mine eth and etc.

exactly, That's why I don't think why he was mining in Ethash algo, did he not see DagSize

I'm too very new to Mining and as my first mining, I choose Monero. So far not much profitable.
I tried to switch to Bitcoin private and ETH classic to see the difference but the earnings were way too low compared to Monero. So switched back.

Monero, eth and other algo mining with gpu now is not profitable, I have 20GPU but when I look my daily income in the mining calculator (whattomine) I can get $6 only. expect the flood of 2nd hand gpu now in some online store.. It's better to buy a low price coin now than addning more gpu to your miner.

Well, too late for me I guess but I am just hoping that this is still worth to mine for.


how much power are you currently having? Most of the shitcoins are just a total waste of money as well


Update: current power 375h/s
 Around 300h/s for my 1050ti - xmrig miner
 i3 7th gen  = 75h/s - JcE miner

not all shitcoin is waste of money, if you want to mine those coins should careful predictions and calculations starting from the Diff of the coin, Network of the coin and your hashrate also can prediction price of those coins. For now, I often solo mining of shitcoin. this is one of which
https://bitcointalk.org/index.php?topic=4697777.msg42470016#msg42470016