For hobbies? That's quite good, and you can go for it with fun. We can only estimate about ROI. In fact, the condition can change it, faster nor slower. Don't forget, besides profit/loss we got another thing, experience. We can't deny, mining (especially GPUs mining) is complex, it would giving us much trouble for solving. But that will make us grow, more skilled, more experienced.
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I add one, Payment scheme.
All that you wrote is related. I'll give some illustration.
Let's say one big pool with big Hashing power and solving much block than other pools, and they have a lot of miners. That total solved block will be shared to their miners (to a lot of their miners) depends on miners contribution to the pool.
Another pool with less Hashing power and solving less block than the 1st pool. That total solved block will be shared to their miners (fewer miners) depends on miners contribution to the pool.
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It will depend on what type of miner are you.
You can buy now (current cards, that available on the market) and start mining as soon as possible, and take advantage in a few time until new gen cards released. You can optimize that current cards, then upgrade later.
Or
If you believe next gen cards will be better (at prices, efficiency, and other factors) just wait for it.
For me whichever stuff we had, as long as we can optimizing it, better go for it.
Good Luck!
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I believe this is pure mining (isn't like NiceHash), right? I didn't try it yet, just tried to find its features on OP's site.
How about the pools? This is an auto-switching algorithm, right? We add pools manually on setting section? Will be better if you provide more detail information on your site.
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-snip-
Yes, if you live near a computer shop then the spare power supply becomes a waste of money. I live in a rural area and have a garage full of old PC's so my default state is that I have pretty much a spare for anything. And I have lived through my fair share of user errors too. Super agree with you, buddy. Don't let us just realized when experiencing it. Always preparing for worst condition, cause we don't know when is it happen. Ah, I remember this suggestion in my old thread. That was you.
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I can say nothing. ASIC issue, more like Merit issue nowadays. Back to the topic.What is the difference of this ASIC to GPU mining?ASICs can mine one algorithm only. GPUs were more flexible with the algorithm selection. Is this practical to buy and use?Yes, only need a bit setting (interface network and pool setting). GPUs rigs are more complex than ASICs. Can we mine other coin using it?Yes, as long as those coins have accordance algorithm with the machine. Personally, I am GPU miner and I like to be.
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Then you got what the trouble is? You need to clarify what causing it as soon as possible because it will be harming other parties that you mention. You got what am I suggesting above? Have you tried it? NO I have not figured it out. Okay, Maybe we can help you; you can start by giving us your wallet address (if you don't mind). So we can check whats going on with your payment (pool payout) through block explorer. If you familiar whit that, you can do it your self. Have you tried to contact pool's support?
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-snip-
Stupid question, do yo have the right ORE wallet address in your miner/worker config? First thing I checked. I checked it like 5 times to make sure. Then you got what the trouble is? You need to clarify what causing it as soon as possible because it will be harming other parties that you mention. You got what am I suggesting above? Have you tried it?
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Hi I am mining with Asic Antminer S9 12THS. The algorith is SHA 256 and I have 9 devices connected.
That's better. Then, what you tried to ask? as I said above, are you tried to compare BTC and BCH mining? Or you tried to find other coins? If you tried to find other coins than both you mention.So, you have 9 x Antminer S9, and you know that S9 operated on the SHA256 algorithm. Find SHA256 based coins wherever, Whattomine, Coinwarz, etc. Make a list then spend a few time to do in-depth research on that coin list. That named as a process and would improve your skill.
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I'm not sure with Vega. But, based on my experience with R9 series (290, 290x, 390x, 390x), yes, Gigabyte prone overheat than the other brands. I have few brands of R9 series, Gigabyte, MSI, Sapphire, and XFX. Rank from prone overheat (brands that I owned), from the most - to the less. 1. Gigabyte 2. MSI 3. XFX 4. Sapphire
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I don't get substations of your question, where's the direction is. Are you just comparing BTC to BCH mining? Or you want some other coins than both? Tell us which machine are you using? Asking for help (or needs opinion only) with less info you gave is worthless.
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Does your pool provide you TXID for your PO? if yes, just check that, and also check your wallet address on block explorer, it will show all of your transaction including current balance.
You were using official ORE wallet (QT-wallet), have you sync your wallet with the network?
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You have in the right direction. (good stuff) For your Antminer L3+Just find Scrypt-based coins that most profitable than other Scrypt-based coins. Asking what coins it is, wouldn't help. Cause after that coin name appears here, soon that coin will be worthless. Find that coins by yourself for y0ur self. For your GPUs (GTX1080 / 1080TI, Vega 64)/font]You should know, which algorithm is the best for each. Then find the best coin for you on that algorithm. POSAs I recall, my last POS coin is Peercoin (PPC). I don't have an idea about nowadays POS coins.
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I appreciate your advices, but in that case I'd need a dummy plug or monitor hooked up all the time to be able to apply clock and voltage settings to gpu's. Am I right?
For a visual view, of course, you need to connect your rig to the monitor. But when you were able to remote your rig, direct visual view from your rig isn't needed for clock and voltage settings, but dummy output may be needed to give you the right resolutions size while you remote your rig. And sometimes AMD cards need dummy output for better hashing speed.
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..... but also potentially can't be bricked by a PoW change such as Monero's recent one.
what do the people on here who know more than me think?
That was on the developer's sides, and only Dev with various consideration may do it, nor people power can affect Dev decision.
Overreacted to this ASICs issue/fact is worthless. Why don't you give your focus to what you can full control over it? e.g.I like this, Ignoring what you can't control, do what you have control over it. We will soon be seeing (by several individuals) the release of free bitstreams to build DIY-FPGA mining rigs with higher hash rates than GPU's, but the GPU's will still be viable. Monero has the right idea, to fork away from ASIC's, although they can never fork away from FPGA's since FPGA's can be rapidly modified in software just like GPU's. The FPGA's (once widely adopted) make ASIC development less profitable. Since ASIC's have a 100x advantage over GPU's and only a 1.5 to 7x advantage over FPGA's, if a coin's hash rate is owned by DIY-FPGA miners, the profit from making an ASIC will be sketchy. That, combined with coin owners constantly forking their algorithms away from ASIC's, is one method.
There is a better method that I will be pushing for at the same time that I release my own FPGA bitstreams, and that is for all coins to adopt dynamically changing algorithms like Timetravel10, X16R, X16S, X11Evo. These can be mined by FPGA's and GPU's, but no ASIC can ever beat an FPGA on those algorithms, making them the only real 'ASIC-Proof' algorithms invented thus far. The technical details of why that is the case are complicated.
If coins adopted those algorithms, they would never have to go through the trouble of 'forking' since no ASIC can beat a DIY-FPGA on those algorithms anyway.
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Super agree with a few parts of this: Read the whole thread and everyone is missing big point here. Problem isn't people buying the miners. Bitmain has already made hundreds of them and are running them on their private farms. The units for sale are used or assembled from obsolete chips. We can stop buying them but they will simply keep them all rather than sell the scraps.
The moral here is that the miners already exist and are currently running regardless of how the community feels.
The one only reason that can upset "The units for sale are being used or assembled from obsolete chips." Yeah, we can't control what people did, what people want. Let people do what they want, they (Bitmain) can create an ASICs that we can't; they were so great, agree? How if, we are the party that can do it (creating something, just like Bitmain do)? Let's compare about one standard GPUs rig (six cards) and one ASIC (that equivalent / which work on the same algorithm) - How much that both cost you? - How about comparing both electricity needs? - How about complexation? I believe your answer would be different each. It will depend on your passion. I am GPU miner, and I didn't interesting and buying ASICs (at least starting from my last ASIC [AnTminer S1] lol). My warm advice: Just Ignore what you have zero control over it! Focus on what you can do, what you can explore, what you can improve, what you can optimize.
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-snip-
Everyone else wants to know that as well. The problem is if we tell you here, everyone else will mine that coin and it won't be as profitable anymore. If you want to earn more then do your own research and find out what those coins are. No such thing as a free lunch in this world. Maximum miners now mine Ethereum. But, overall loss/small profit as I think. So that i asked the question. Super agree with m.vina. (ATM, Everyone has the same question, which coins?) If you saw some people wrote "Coin Name" here, they are know nothing about profitability. The exact answer to this two question: So, I am so curious to know which coin is better for mining now? I want to know that Which altcoin mining more profitable?
That refers to coins with less miner on it. Means low Nethash and Diff, has a good enough buy support on the market. Speculating in new coins (that not yet listed on the market) doesn't good enough in terms of profitability, but you can do it (if you experienced enough). But,Sometimes, unpopular coins (yeah, they have low Nethash and Diff), related to coins that less desirable by traders on the market (small trade volume). So, in-depth research needed to find coins that you want. Like the other say: Do your own research.
If you curious, why ETH's miners have loss nor low profit, it will depend on a few factors. - | Coins price (like you mentioned above, below 1K) | - | Where're that miners live (related to electricity cost) | - | How experienced that miners (related to optimizing) | | and many other things...... |
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He said "of course I don't want people to know I'm mining there". So he wants to mine stealthily without being discovered by others or university network admin.
-snip- The VPN will indeed increase the latency affecting the time to get job, time to deliver share and also time to restore connection if your ISP network quality is bad. So more stale share probability I confirm. Assuming the university has probably a good connection to internet and considering the will of OP to keep its mining rig secret, I could only encourage him to use a VPN despite the counterpart of latency (because of a longer network route and the VPN transport layer added over TCP/IP), risk of more stale shares, .... Rigproxy.com is not a VPN solution but a proxy. When you go through a VPN (online pro service, or at home with RPI/linux) or any other tunneling solution, the admin can only see your VPN target IP. If you connect directly to Rigproxy, the network admin may know that you are mining so using rigproxy won't help for privacy and was never made for this purpose. Ah, I thought there was something new on VPN using, while mining. So, that was only for hiding us. It may relate to OP's condition that wants to be a silent miner. OPHow about the room size, by the way? Those two cards are more than enough to heat a small room. 12 desks, right? Maybe 13 with you, seem like isn't too small. I'm sure people near you can feel it. Day by day more heated than usual. Did you plan to run it 24/7?
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He said "of course I don't want people to know I'm mining there". So he wants to mine stealthily without being discovered by others or university network admin.
I am also curious about it. Would be better to explain it in general (not related to op's case). Since you have those kinds of service, right? As far as I know, using VPN will increase latency, means more steal shares, right? May you can explain more, besides what I told.
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