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Fact1: 600+ on equihash
Fact2: 1200+ on cryptonight
Fact3: 50+ on dagger (eth/ etc is a nono)
Do the math.
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Yes it does, my brother in law is running his masternodes with his solar installation.
You don't need solar power to run blaablaanode. MOST of the time you only need static ip. |
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masternodeblaablaablaa
True, as long as you can find that greater fool. Solar power has nothing to do with it. |
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OP was asking how to spend 20k on gpu's.
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One day i wanna have a house and a little river nearby to play with such stuff  This is what I'm dreaming about. Add some wind, solar, fiber and brown trout. |
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20k to crypto? I would wait.
If you can't wait and NEED to buy new gpu's I would go half/half 1070/vega56.
Sadly nvidia is not making 2xgpu cards anymore, 2x1070 would be a killer. Or 1080ti without that shit memory.
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The info from whattomine is inaccurate
Take current difficulty from your node, block explorer or suprnova. Edit whattomine with that number and you get the idea. imo, we need a hardfork. Not sure if that would help but at least it would be cool. I mean, all the big boys are doing it all the time (: edit: and change that pool fee too. |
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What I learned when I was a Noob. (Actually, I’m still a Noob!)
1. Price and predictions:
o Avoid any posts are videos claiming that this coin is going to the moon. Don’t be a sucker for someone else’s delusion
o Research previous prices for Bitcoin and others. I’m talking 1 to 10 years. That will put what is happening now into the proper perspective.
o The price of GPU’s will never go down. Yeah, right.
o The price of coins will never lose 90% of its value. Everything always goes up in price. /sarc
2. Mining, research and experimentation.
o Have at least 2 cards to mine with. They don’t have to be top cards, just something to play with.
o Use one card to setup wallets and experiment with various coins. Is your wallet getting your coins?
o Experiment and gain experience by mining different coins with one card. Use the other card to mine at an auto miner like NiceHash. Note the differences. If you make some money, great.
o Understand the various miners, how they operate, which brand GPU do they work best with (AMD or Nvidia).
o If don’t understand something RESEARCH. Your question has probably been answered 100 times on the many different forums.
o Research the various coins. Read/watch videos about the blockchain.
3. Who will stay mining.
o Those who understand that it is a lot of WORK to mine.
o Those who understand that crypto is constantly changing.
o Those who understand you won’t get rich overnight, tho it does happen.
I’m sure there are many more that could fit on this list. Feel free to add your insights. I’m new at this mining business but I do enjoy it immensely. The more I learn, the more fun it becomes.
What a program for a 2 posts/activity newbie ! I am looking forward to reading what you will have learned when you will be "legendary". I am patient... OP is a newbie but the post is legendary. I would add "learn what difficulty is" to section 2. |
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We have solar on our house for a few years now and trust me when i say that you need to take under consideration many things.
In my opinion it could be viable if you managed to plan on doing it without batteries (will dramatically cut down costs as well as performance) but it also depends on what you're going to mine. If you forget about batteries and only run it during the day (no need to store power), you will get the invested money back much faster.
It will be a real pain in the ass to optimize your setup and make it efficient though.
gorenje knows the facts, batteries kill all the profits, I still don't understand how that teslaguy can run his business. I have used solar power for almost 20 years now and first started to play with the idea of solar-only mining when nvidia maxwell's (750ti) came out, never made any prototypes but the idea itself is fascinating. System would need sun and internet connection, the most power efficient hardware (hash/watt) you can find, it would have to know how to boot on power. Obviously that wouldn't be a goldmine but when hardware is getting more efficient we are getting closer to the point where it could actually work. 20 cents/ day is a lot of money in some parts of the world. OT: Looking at this section of bct there is an inevitable everlasting bullmarket ahead of us. In theory, would it be possible that every human (and their pets) in this planet just started their own farms and we would never ever need to do anything again? Washing machines, microwaves, toasters would have asics integrated? Most of this shit is going to the moon, we could start remote farms there, plenty of solarpower available. Would that work? (: |
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Whata f**k is going on with difficulty?  It is adjusting, Mr. 10GH was away for five days and difficulty went down slowly. Now, for the reasons I don't understand, he came back and difficulty is rocketing again.  edit: looks like he is gone but difficulty is still going up --> blocktimes are high --> retargeting is slow. |
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It is rather profitable for AMD cards.
Hawaii miners sure did some more roi's haha! Very pitty that nobody develops Primecoin  it was the first of "useful computations" concept. Agree, so much wasted computing power. Last week of the month, some miners should look what Stanford University related projects can do. It could be nothing, haven't run through the numbers lately. |
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Tried cryptonited with that same pc (2+2 core, ssd), synced fine from scratch in 44 minutes and qt-wallet runs fine if is first synced with daemon. Desktop (4+4 core, ssd) syncs in 21 minutes with cryptonited, I'll try one more time with cryptonite-qt. Empty .conf files (except rpcuser and pass for daemon). edit: desktop qt-wallet made it in 21 minutes too but it was really struggling at some point (4000-6000 blocks behind) when downloading headers. Debug file is 47mb. |
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Good day.
I have downloaded wallet from site (win binary), tried to synk, after donwnloading some blocks wallet says - some error, restart wallet needet, then wallet draw about 1 gb ram + 30 % cpu and get error.
The log file is about 500 Mbyte LOL ))
I can confirm this, I tried to sync from scratch with windows laptop that hasn't seen xcn before, after 20 minutes I got this:  Resyncing attemp crashes to MinGW Runtime Assertion error, log file is 583mb. |
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How to mine solo? Which rpc port to use?
8252 is the default port. But I guess you are late, difficulty shoots back up quite fast. |
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My monsterminer with ~30MH found 41 blocks before the first orphan, wallet is tcmalloc compiled cryptonite-qt, scantime 2.
Also made a test deposit to Nova, it works, needs 17 confirmations.
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Getting on a 1080 Ti Aorus 16,41 CPD with 72 C Temp ! Dont know if this a good hashrate !!!!
It is good but how much does it draw from the wall? Yes, but effect was minimal. Each Nvidia card takes 100% of one cpu core.
Is it really that bad? Anyway, profits are all gone long time ago, you guys are doing this for science only? Or is there a pump coming? (: |
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I say it again, there was a similar profitability boost in H1/ 2016 when eth went from $1 to $30, that lasted for months. Then came DAO hack and it was nothing but decline after that, September? ddos attacks didn't help. Just before it was about to go below $1/day/$400 GPU came ZEC.
To me GPU bubble bursting means panic selling where people that took a loan to build farm try to minimize losses. At that point, those that made roi have two choices left, keep on mining or shut down farm. Selling is not an option anymore, if you want to sell it's better to wait.
Question is, if you have a GPU worth let's say $500 that already paid itself and is still earning something, is it better to sell it and use that cash to something more profitable than crypto mining? Or just keep on mining? Or shut down your rigs and wait for the next crypto pump? Who knows?
Early 2016 when I was driving around to buy every tahiti/ hawaii/ riser I could find sellers always asked the same question, how much can it do per day? When I said maybe 2€ they were like "well if you already have the rest of the hardware and you have use for the heat then why not, good luck". But they really were not interested in mining anymore, they were almost laughing at 2€/ day.
Times went by, at some point 7970 roi'd in three weeks. They started to make some serious money. I started to invest that money elsewhere but that's another story.
Point is, when a $100 GPU made 2€/ day everyone was laughing, now when a $700 GPU makes hardly 3€/ day everyone is making waves.
This current bubble to burst only needs btc to go below $3000. But if it does another +100% every miner is so happy with their profits, they just completely forget that it would have been much better business to buy btc.
We'll see where cryptomarket goes this time.
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sorry, i don't check, because replaced 390x with 300w comsumption and temp about 90C on this... people talking about 200w for 1080ti in mining zcash, eth ect.
Yep, it's really demanding algo/ miner, I have done some testing with maxwell's but never actually looked how high that power usage is. i don't have any problem with control temp on any 480 or on only one 1080ti. but on every 290-290x-390-390x i should change power limit to keep within 85C temp on chip or on vrm. hawaii is a heater, that's all  They are, not sure if 1080ti with your settings is any better though... |
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sorry, i don't check, because replaced 390x with 300w comsumption and temp about 90C on this... people talking about 200w for 1080ti in mining zcash, eth ect.
Yep, it's really demanding algo/ miner, I have done some testing with maxwell's but never actually looked how high that power usage is. |
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