Hi was thinking about maybe starting to mine altcoins the only problem is would you say 0.07 USD per KHw is to expensive?
Are you sure that $ 0.07 is your total electricity cost or is it your shopping price? Where I live electricity is advertised @ $ 0.079 per kilowatt but that does not include distribution, transmission and other charges. So while it is listed @ $0.079 it is more around $0.14. That's almost double the quoted price. Just look at your power bill real close and deconstruct it with math. Otherwise you are going to be setting yourself up for a disappointment. Sounds like Alliant Energy, where the "extra fees and taxes" were often a majority of my total bill. Nice thing about the 3 counties of Central Washington "Super Cheap Power Rate", the rates are very simple the only "extra fees" not spelled out in the BASIC RATE SCHEDUAL are the local/state sales tax, and the ALL UP price for 2 of the 3 counties for ALL service types comes to around 3 cents/kwh OR LESS (the third has 4.5 ballpark all-up cost for residential and small business). Solar is MORE expensive when you factor all the costs in, unless you get some HUGE government rebates on the equipment costs - and you have to tie into the electrical grid ANYWAY for when the array isn't producing full output or close, or you have to have HUGE battery banks which tend to increase your investment cost a lot AND the batteries wear out and need replacement over time. Wind - is similar, but is closer to being competative with normal power generation in many areas and in some high-price electric areas like in California that also have fairly high average winds (Tehachapi Pass or the Cajun Pass areas as examples) it might BE the low-cost option.
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Anything over 450 on Equihash depends on overclocks that many or most 1070 cards can't do reliably IF AT ALL.
I've never seen a 1070 that could reliable overclock 600 Mhz (out of 19 such I currently own of 7 different models), yet a lot of folks claim that's COMMON.
For that matter, the HIGHEST reliable 1070 memory overclock on any card I DO own is 450, and most of them get unreliable past about 400.
It's been months since I looked at Skein, I might be misremembering the numbers or have not had an optimal miner - but I still SERIOUSLY DOUBT that the 1080ti is TWICE as fast as the 1070, the numbers just don't add up on the raw specs to support that claim, and I'm 100% CERTAIN that my Aorus did not manage 1000 on Skein or even CLOSE.
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They will ALL move to Canada and open a Chinese restaurant.
San Francisco. Didn't you see "Chinatown"? 9-)
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ya i would agree that the scale up on PimP would cost too much, but honesty how can you sat TWO$ a MONTH per rig is expensive for SmoS? 25 rigs would generate 1000's$ a month and 50$ is too much? you sir are greedy or spoiled haha Windows is a headache, 80% of problems on this board are windows generated ;p i use windows myself, but i am experienced enough to halt all the garbage on it Easy. The standardized XUbuntu setup I clone for new rigs costs me ZERO. nvOS and his AMD varient are ALSO free. Anyone charging PER MONTH for a LINUX distribution is a flat out RIPOFF.
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It depends on what other options you have, your power costs, and other factors I can't speak to.
In MY situation, I didn't consider it worth buying past about the first batch (that I couldn't get into) as I have other options that I think will earn me more money for the same level of investment.
In YOUR situation, I can't say because I don't KNOW your situation or your preferences.
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ETH + LBRY seems to be the most profitable right now for my RX 470 cards, but that tends to change from one day to the next and sometimes one HOUR to the next and might depend on how you have your specific cards set up (some OC on memory better, some OC core better).
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Ignore the lamer.
You already HAVE the hardware.
There is NO REASON to not use it to mine with at this point.
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1080 ti isn't "80-90%" faster than a 1070 on Skein, more like 70% - and pretty close to the same on equihash.
I was seeing a bit over 700 on my 1080 ti on skein during some testing vs a little over 400 on any 1070 I tried (I've got a BUNCH of different 1070 models, the only 1080 ti I did testing on was an Aorus). Equihash I'm seeing 780 RIGHT NOW on the 1080 ti, highest I've seen on any of my 1070 cards was PERHAPS 450 and I worked at optimising the various 1070s a LOT more.
To be specific, he states "EVGA 1600 G2 on 5 cards and the motherboard, EVGA G3 1000 on the other cards" with some commentary on how small the G3 is (though it's no smaller than the Seasonic Focus line in the same power capacity it's more that the G2 line were kinda large for their capacity).
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I get 780 out my Gigabyte Aorus 1080 ti with EWBF 3.4b on current settings, but they're pushing hashrate (I have VERY VERY cheap electric) not efficiency for best net income generation.
+100 core +200 memory 105% TDP, card stays around 66-67 C at a bit over 70% fan (it's in my gaming rig which IS in an air-conditioned environment).
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WhatToMine figures on the 1080 ti are often way off - you have to plug YOUR OWN FIGURES in to get reasonable results.
Example - they claim the 1080 ti on Zcash's algo is 635 sol/s. I see about 780 out of my Gigabyte Aorus with EWBF 3.4b
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If you are saying $3 per day with 1 graphics card then I must say that your are the greatest liar ever, not even with 1 x gtx 1080 ti
1080 ti DOES in fact make very close to $3 a day on some coins currently - even with the big dump - it's just not CONSISTANTLY doing so the last 3 days. On the other hand, the days of "2-3 month ROI on gear" are gone, and unlikely to return anytime soon IF at all. It would take a major VERY SHORT TIMEFRAME big price jump (much like Feb/March timeframe THIS year) to manage that - or it would take a major price DUMP for quite a while to convince most miners to get out, then sometime AFTER that a big price jump. People got SPOILED the last few months with the crazy VERY ABNORMAL level of profitability.
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"history has shown that as long as you mine continuously you will make ROI consistently".
ONLY if you have a very cheap electric cost. There have been long periods where even 8 cent/kwh electric rate was enough to KILL profitability entirely (and keep in mind that 8c/kwh is BELOW AVERAGE for most areas).
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Could try running Nicehash on it long enough to get hashrates on various algorithms, then put those hashrates into WhatToMine and see what it comes up with.
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Stick with legacy - Nicehash 2.x is borked bad beta software that should not have been released yet.
Claymore's ETH miner supports dual-mining, and recent Legacy versions support that mode.
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Using a laptop to control one or more USB-based miners is viable - the software needed doesn't put much of a load on the laptop so it doesn't have overheating issues.
The issue is that USB-based miners are ALL less efficient (except the Moonlander II) and cost a LOT MORE per hash than recent generation dedicated miners do, so achieving ROI on them is a ton more difficult to impossible.
Ignore ANY usb-based Bitcoin miner, they're ALL ancient outdated VERY INEFFICIENT and won't do anything but heat up your room and waste electric. Might be OK in the winter for use as space heaters but useless otherwise, and probably overpriced even as space heaters.
That Butterfly in point - to compare to a CURRENT bitcoin miner, the S9 - the S9 mines 13 THOUSAND GH (or about 200 TIMES as fast at that Butterfly) while using ballpark 1400 watts (I think the actual figure is a little less). Your Butterfly unit would have to soak less than 5 WATTS to compete - in actual fact I seem to recall that particular unit eats somewhat more than 500.
Even on FREE electric, you probably will never make enough out of it to pay it off.
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If you want to mine Bitcoin (or Litecoin or DASH or any coin using the SHA256/Scrypt/X11 algorithms) for a profit you WILL use a recent-generation ASIC-based miner.
Other coins vary - for MOST where a GPU-based miner is available, forget mining on a CPU you won't make anything (the CryptoNight algo coins like Monero are a noteable excaption).
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does anyone try to mine with fx6300?
do you mining using fx6300? FX 6300 is a fair Monero (the biggest CryptoNight-based coin) miner, though the FX 8xxx does better (my FX 8370 generates a little higher Monero hashrate than my Ryzen 1700 when I'm doing nothing BUT mining on each machine). AMD A-series APUs should do OK at Monero mining as well, but fewer cores and lower cache will limit them comparatively. Ignore the moron that thinks mining with a small rig can't be profitable - it's HARDER but by no means impossible to be profitable with just a CPU or a rig with 1 or 2 recent GPUs in it, and tends to be MORE reliable than riser-based rigs.
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ZEC is probably your most profitable option on that card, but Monero might argue the point at times.
Check your actual hashrates then plug them into WhatToMine.
It's unfortunate that there is no cryptocoin that used 64bit floating point as Tahiti cards ROCK at that.
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It depends on your hardware. There is no such thing as "most profitable no matter what hardware you have".
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I read a comment on Reddit that if 90% of the miners will still follow Segwit2x on November then Core will have no choice but to fork off and upgrade to a new mining algorithm. I do not know if it has been discussed before, but what are the proposals made for the new kind of mining algorithm? Will it be something new or will it copy what is already out there?
FUD, and particularly stupid FUD at that. Bitcoin is not going to switch algo, Segwit is a protocol that runs ON TOP OF the Bitcoin blockchain and does not affect Bitcoin mining AT ALL. There may be a fork to impliment SegWit (I'm pretty sure they have to do that) but it's only going to affect the WALLETS not the underlying mining algorithm.
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