 Show Posts
|
|
Pages: [1]
|
|
hello there, i have downloaded the miner and testing it right now on my gaming rig. Will probably test for one week before seeing if worth to switch current mining rig miners. Great GUI
|
|
|
|
|
if you want to mine with GPU's i suggest you look into nemosminer or multipoolminer. these miners have a feature in which it will automatically switch the miner program the you are running to ensure that you are mining the best possible coin for that particular moment. or if you wish to have a GUI dashboard without having to go online, miner control is a good one. Lastly, nicehash because it is self explanatory, just slap your bitcoin wallet address and click benchmark, be sure to tick start mining after benchmarks and you are set.
EDIT: i have 2 rigs running, but only one is mining for 24 hours straight, because i sometimes use the other one for gaming. for the time being, a 3X GTX1070 rig should be okay and if you have some more budget, look in those 1080Ti's. if you are looking to mine on a budget nvidia GTX 900 series and amd cards are generally cheaper than the newer one.
|
|
|
|
It's not that I'm not listening, it's that my funders have already rejected the options you were giving me AND I'VE BEEN TELLING TOU GUYS THAT OVER AND OVER AND OVER AND OVER AND OVER AND OVER AGAIN but no one is listening to me. The only path forward they've given me is "an app that is as user-friendly as NiceHash but without the commercial license limitation."
My first proposal for this project was built around mining Zcash and converting it to bitcoins to CAD on behalf of beneficiaries, but they rejected on the grounds that: (1) MY organization can not touch the value mined in beneficiaries' homes, and (2) training beneficiaries' parents and guardians in cryptocurrency trading is completely off the table. This is why every "solution" that says "then all you have to do is edit a .bat file" or "all you have to do is exchange it for bitcoin" I've been ignoring because I've already bashed my head against that brick wall with my funders several times already. I know. It sounds crazy and stupid and pointless but it's not my money so it's not up to me and I feel like everyone in this thread is just shooting the messenger.
Everyone here would rather tell me how crazy and stupid my funders are being and not one of you wants to leverage the power of potentially thousands of core i5's to mine from without having to worry about electricity costs. I don't know how no one on here doesn't see this as a sweetheart deal but we've all already acknowledged that if you represent charitable organization with conservative governance and ethics rules that you're an idiot who doesn't deserve anyone's help or the chance to help anyone else. Mods, please lock, delete, and kill this thread with fire
assuming all the previous flaming has left more than ashes.
i dont care about your proprosal and suggest that you be more realistic about your incomes. as some people have said, there are a lot of variables when it comes to mining. income can vary heavily depending on these variables. if you stick to the 3000 day plan, your warranty will be way passed their coverage. if you are able to mine for 3000 days straight, then that will create outstanding returns. but all that is if you are able to mine 3000 days straight on those cards  . by reading you proposal, i already know this is not something i would like to invest in, even if i was funding it for fun. get real about your incomes before going into mining. |
|
|
|
My model builds in the attrition rate of 80% of the warranties of the specced out parts, but it assumes a revenue rate that was equal to what I've written above. If it's half that, this whole thing blows up.
Well then, good luck on your RMA if any of your cards get fried or fails unexpectedly.  .just remember to keep the temps cool and keep them mining for how ever long you will be able to mine. p.s: guys, just wish this guy luck, he clearly does not need our advice as he has clearly gotten it all figured out.it would be better if you guys contribute your advice to the people who deserve it rather then wasting it here. This guy clearly is not listening to any of the advice you people are giving him. |
|
|
|
My test machine had been mining for 71 days at 2.1-2.4 mBTC, yielding consistent payouts of over $20 CAD per week. $20 CAD per week / 7 added up to almost $3 CAD per day. Divide that by 3 (these machines would mine in beneficiaries' homes overnight for 8 hours per night during off-peak hours for power rates, all beneficiaries would be living in Toronto Community Housing so their electricity would be paid for) $1 CAD per day for ~30 000 days is about $30 000 per beneficiary family which is enough to subsidize their gifted child's education by about 50%. What a horrifically shitty idea, I know. And for the absolute final time, and blown up for everybody who wants me to build a model based on mine-and-trade. MY FUNDERS WILL NOT BACK A PROJECT THAT EXPECTS POOR FAMILIES TO TRADE CRYPTOCURRENCIES. IT WAS LIKE PULLING TEETH TO CONVINCE THEM THAT BITCOINS AREN'T THE DEVIL'S MONEY AND THAT MODERN PCs ARE NOT DEVIL BOXES. *****IF YOU WANT TO WRITE SOFTWARE THAT WILL MINE WHATEVER IS MOST VALUABLE IN A GIVEN MOMENT AND PAYS USERS FOR THEIR EFFORT IN BITCOINS, YOU CAN HARDCODE THE PROCEEDS OF CPU MINING TO GO DIRECTLY TO YOUR OWN WALLETS*****. IF THIS IS NOT A PROJECT THAT SOUNDS INTERESTING TO YOU THEN PLEASE STOP REPLYING TO THIS THREAD. all i have to say is good luck on mining for that long and good luck to your funders. Stay on nicehash!!!, dont go looking into other pools.  Okay, so I left out some details for those equations to make sense. They'd be getting their quad-1070 machine so it would be ~$4 CAD per day from their own machines, ~$1 per day from my organization's in-house miners, all of which would be matched by my funders. So yes, it would be possible to get $30 000 in 3000 days, not 82 years as some people are suggesting. And yes, my models are based on oversimplifications about the fact that bitcoin has a long term growth rate that beats the crap out of inflation but gets harder to do over time, so basically every equation I've given you is based on an assumption that the value of mining capacity to go up approximately at 2/3 the rate of expected cost inflation. Does anyone here think that's not a conservative assumption to make?
Edit: You should really request a longer warranty from your GPU manufacturer. just a heads up if you are looking to mine that LONG |
|
|
|
For your information,
If you mine using Nicehash you are actually losing money.
You will make more just by mining the coin directly and selling it yourself for BTC.
Nicehash is very user friendly but it comes at a huge cost...
i agree, this is exactly why i left nicehash |
|
|
|
|
nice man, i ordered mine a week ago and i am still waiting on mine.
|
|
|
|
The people you provide these computers to, do they know you are mining and they have to pay for the electricity? Unless you tell them, that is theft, you are stealing electricity from them to make money for yourself. What if they put the PC to sleep when they are not using it? This sounds like a scam to me.
Are you fucking kidding me? THEY WILL BE MINING THEMSELVES DURING OFF-PEAK HOURS I WON'T BE TAKING A CENT FROM BENEFICIARIES' WALLETS. THE MINING REVENUE WILL FUND THE EDUCATION OF THE GIFTED CHILDREN RECEIVING THE MACHINES THAT WILL ALSO HAVE EITHER DONATED OR OPENSOURCE ALTERNATIVES TO RELEVANT SOFTWARE THEY WILL NEED TO PURSUE THEIR CAREERS IN STEM. I'M SORRY YOU THINK THE ONLY PEOPLE INTERESTED IN THE BLOCK CHAIN ARE SCUM BAGS LIKE YOU. To the person with 5 GPUs getting 2 mBTCs a day, switch to NiceHash ASAP because I'm getting 2.1-2.4 mBTCs per day on my test machine of a Core i5 and two 1070s in SLI configuration. 2.4mBTC max?..does that even count the electricity bills?. i think i will stay on my pool. i've been on nicehash and i dont really wanna go back for some personal reason. EDIT: are you sure, because i did some testing on my rig, where i disabled a few GPU's just to see what the real numbers are. May i ask how much is your electricity rate cent/kwh EDIT: do include the hardware cost also. |
|
|
|
and also you're not adding in the BTC price value. if BTC was at $3000 usd for one coin last week and its @ $2500 today for an example a lost $500 value is directly proportional to your earnings per day.. if you converted to BTC... get it... hint .. hint
Do you even fucking run NiceHash? It gives you a readout in mBTC and the fiat currency of users' choice. You'll notice I didn't cite the earning capacity in fiat currency, I cited it in mBTC because I'm not a total fucking moron like your shitty and useless message implies. Thank you all for letting me know that this community is the worst possible place to recruit a coder for a new project. You all can fuck off. I don't care at this point if I get moderated and my account gets blocked. This forum is full of useless, flame-happy masturbators. FOR THE LAST TIME NICEHASH MINER HAS A VIRTUAL MEMORY ALLOCATION BUG I DON'T KNOW HOW TO GET AROUND AND ITS LATEST VERSION COMES WITH A LEGAL NOTICE THAT HAS SCARED MY FUNDERS OFF. IF NONE OF YOU HAS ANY INTEREST IN WRITING SOFTWARE THAT PAYS USERS IN BITCOIN FOR MINING A LESS MAINSTREAM CRYPTOCURRENCY AND HARDCODING CPU EARNINGS FOR YOURSELF THEN FUCK OFF AND STOP POSTING IN MY GOD DAMN THREADsir, i know that you are upset and enraged but the people in this forum are not idiots and most of them have been mining for far longer than you have ever been mining. They know the ins and outs of mining, they know what are the odds of mining. Even i have been mining well over 2 years now and all i can say is that its almost impossible to mine 2mBTC per 1070 per day by today's standards. Even using different algos on different mining software's, its still not possible for you to get that amount of BTC/day/cards on those cards. i have a 5X1070 mining rig that brings me about 2-4.2mbtc per day and that is the whole rig running stock setting and pulling about 1100W from the wall for 24 hours straight. This also does not get around the fact that i have to pay the electricity bills, my total profit per day is far less than what i initially calculated. My suggestion is for you to realize that there are plenty of other crypto currencies that you are able to mine with that said card and still be more profitable than staying on nicehash. look into Multi algo auto switch miners . edit: stay on nicehash, other pools dont want people like you |
|
|
|
|
Hye, I've been using this miner for some time now and i can just say that its amazing, my profits have never been higher. so i just would like to thank you for sharing this and may i ask, can this work with other pools?.
|
|
|
|
|
