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I appreciate the feedback about GFLOPS vs. GHA and at this point I'm just sticking to my two ASICs for bitcoin, peercoin, and any other coin that is suggested for SHA-256 mining. At this rate, I'm getting about ~62GH/s with my two 2pacs at 287.5MHz and am slowly trying to increase the frequency without hitting hardware errors. I realize that I'll only be mining ~1mBTC/month at current rates, but this is more just about mining as a hobby than it is about making a profit. As time goes on, I'd eventually like to invest in better ASICs, like GekkoScience's proposed 70W pod. TBH, I'm probably earning more bitcoin by lending on Poloniex.
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i think that you can have a better power efficiency with raspberry pi 3 cluster instead of those mining stick, since Raspberry pi has just 5~6 watts per modest (AFAIK), where there are at least 24GFLOPS per node, should do around ~10 GH/s per node. hope i didn't make it wrong.
Hmm, that's an interesting idea, too. How did you set it up? I just tried to find an easy step-by-step procedure for setting that up to no avail, so any help would be appreciated!
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Thank you for all the updates...I can't wait!
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Payment sent for two..can't wait!
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check the number of digits in the network hash rate, and I think you will see that you are off by three orders of magnitude. The current network rate is ~2.48 EXAhash (10 18). Wow Sure. The node is still syncing the blockchain. It's on block 440,750 as I type this, but man is it slow. I'll post when the P2Pool node is "sane."
Sounds good! I'll let you know when I have it built. If you are going to mess around with GPU mining and altcoins (Ethereum, Zcash, etc.) be sure to check out the altcoin sub-boards. There is a ton of info there, and is where I got started. Don't bother trying to mine Bitcoin with a GPU unless you like pain. GPUs don't have enough horsepower compared to an ASIC. Gaming and mining don't necessarily go together, but they can if you do not care about return on investment (ROI). phillipma1957 and eliovp are two people who have a boatload of info and know what they are talking about from my experience. There are others, but you will figure that out when you start reading.
Thank you so much for the help!
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@Zed
Thank you for setting the realistic explanation of what to expect and for the tips! I will definitely start with Bitcoin but will also keep an eye on the other SHA-256 coins to see which one may return a better return. Heh, yeah at first multiple GH sounds good...until I notice that the network is in PH :-O. The idea of the "lotto" mining sounds pretty fun :-P GL with the pool, let me know if you'd want some other miners!
@spazzdla
Yep, just a hobby....for now. This is pretty much for fun until I can build a good gaming PC, which I will use for mining occasionally. I am kinda nervous about the set-up because I have practically 0 coding experience, but hopefully a friend can help with that. Since the rPI I am proposing comes with an OS, that should help quite a bit.
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Sounds good! I will be buying two 2Pacs instead of the Compac that I listed in the OP. I figured that getting 2 of these will be about the same price as the Compac after shipping, and I'm still going with Gekko. I'm glad to see that you've been able to upgrade over the last 1-2 years, I hope I can do the same!
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Thank you both very much for your advice! I will look into Sidehack projects as well as substitutes to bring the costs down on what I listed above.
FWIW, I forgot to say in the OP but I plan on joining a pool for either Bitcoin or other SHA-256 currencies. Also, my plan would be to start off with one USB miner and pick up miners along the way.
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Hi folks, I've been wanting to get my feet wet in SHA-256 mining as a hobby, so I went with the Raspberry Pi 3 with USB ASIC miners. I originally started within a $300 budget, but was able to spend only half that. ASIC miner: 2x 2Pac Miners $60.00 + $10.00 shipping https://bitcointalk.org/index.php?topic=1718358.0Raspberry Pi 3: CanaKit Raspberry Pi 3 Complete Starter Kit - 32 GB Edition - $74.99 + $0.00 shipping https://www.amazon.com/gp/product/B01C6Q2GSY/ref=ox_sc_act_title_5?ie=UTF8&psc=1&smid=A30ZYR2W3VAJ0A**Includes 32GB, Class 10 Micro SD Card with NOOBS and CanaKit 2.5A USB Power Supply with Micro USB Cable HDMI Cable: Premium HDMI-HDMI Cable,1 meter 3 feet - $2.24 + $0.00 shipping https://www.amazon.com/gp/product/B000M87F0I/ref=ox_sc_act_title_4?ie=UTF8&psc=1&smid=A1DUHA28EIRWGNUSB Fan: ARCTIC Breeze Mobile, USB-Powered 92mm Portable Fan, Portable Cooling Solution, Quiet Fan, Mini USB Fan, Mini Gooseneck Fan for laptop and PC - $7.99 + $0.00 shipping https://www.amazon.com/gp/product/B003XN24GY/ref=ox_sc_act_title_3?ie=UTF8&psc=1&smid=ATVPDKIKX0DERUSB Hub: Superbpag 7 Port Portable Multi USB Charger 70Watt 14A with USB 3.0 Hub - $35.99 + $0.00 shipping https://www.amazon.com/gp/product/B013OK10YM/ref=crt_ewc_img_dp_1?ie=UTF8&psc=1&smid=AX8GYIG6RXC4MicroUSB to USB 2.0 AmazonBasics Micro-USB to USB 2.0 Cable - 3 Feet (3 Pack) - $6.99 + $0.00 shipping https://www.amazon.com/gp/product/B013PVKQHC/ref=ox_sc_act_title_1?ie=UTF8&psc=1&smid=ATVPDKIKX0DERKeyboard & Mouse Logitech MK270 Wireless Keyboard/Mouse Combo, Logitech Wireless Mouse USB (Black) - $24.99 + $0.00 shipping https://www.amazon.com/Logitech-MK270-Wireless-Keyboard-Mouse/dp/B00BP5KOPAAll in, this setup should have cost ~$220, but $70 was taken off due to signing up for and using Amazon's credit card, so it ending up being ~$150. After getting a crash course in Debian/Raspian, everything is up and running! In hindsight, I didn't end up needing the microUSB cables because some came in with the Raspberry Pi kit, and the powered USB hub connects by USB 3.0. Oops. The RPi3 kit is pretty neat since it comes with some accessories and the NOOB, but I find that the case included to be a bit too wide to plug in the power cable without taking the RPi3 out of the case. The "2pac" ASIC miners, at 125Hz, are cranking out about 13-15GH/s each but I hope to upgrade in the months to come.
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@Revolutioner Thank you for checking out the faucet! I plan to increase the referral commission so please stay tuned.
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@lottoitaliano I am very open to the idea of increasing referral commission, but first I would need to increase the revenue. I am currently working on locking up some ad space while keeping it as unobtrusive as possible, so I will post updates.
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@landoffaucets - thank you for the addition! I'll make sure to add you to my site.
@mrcash02 - I appreciate the kind words and advice, I plan to add a few ad slots and test different placement locations.
@hasiramasenju - thank you, too, for the kind words. When you're filling out the Anti-Bot, are you 1. refreshing the page and 2. making sure to click the three links in the order stated just above them?
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Thank you all so much for the feedback and for offering to add mine to your rotators! To be honest, I am thinking about adding some ad space in the future but I do intend to keep it easy to navigate if that's the case. I also plan to announce sporadic satoshi payout increases on the Twitter feed (ex: 2x or 3x payout for 1 hour..). I will look into that issue of still receiving payout with Adblock active. Thanks again!
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Come and check out the new LeagueBTC faucet, where you can earn up to 1,000 satoshi every 20 minutes and 10% commissions from referrals! Make sure to follow us on Twitter to be the first to know about the limited times when we up our giveaways! www.leaguebtc.comhttps://twitter.com/LeagueBTC
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