Ok now it is clear. Its the sol/s with 2 cards.
Yes the miner sol/s may nit 100% same as NH website actual. It varies.
What are your temps on your GPU, this is the first time i have seen my water temps above 40c on my gaming rig, lastnight i left it on to mine the entire time i slept and its currently mining and my temps on my rig have stabled out at 41c with the house a/c set at 25c. Also have you found any better mining routes for the GTX1080ti? like is their better coin to mine from your experience? If you are earning $16 on Lyra2REv2 go with that - MY Skein numbers for yesterday was $14 for 2 1080TI's so you're earning $60 more a month on Lyra2 than Skein.
You can disable it from switching by going into settings then just uncheck the algo's you don't want it to run; in your case everything except Lyra2
Hey bud, could you throw me some info on how to mine for Skein, i would like to look into it and see how my actual setup deals with it.. after mining with nicehash for 12+ hours now with it set on the auto change settings, my 12+ hr profitability according to them has leveled out at $14.03/day, my profit levels dip to about half rate at random times i noticed throughout 12hrs of mining.. Also im curious if Skein could be added to the Nicehash program, in the setup instructions it mentions if the Recommended (Stable) list is unable to mine any coins, the miner will default to any custom list or custom list are able to be created for customized mining. If this is true, maybe the Skein can just be added to the rotation to be mined when profitable.. have to read more into this. |
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thank you i opened a new post in alt coin
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My Rig:
ASUS ROG Crosshair VI Hero
Ryzen 1700 @ 4.0Ghz
2 x MSI Armor GTX 1080ti's (not overclocked)
EVGA SuperNOVA 1000W G3
Phobya 1080mm watercooling external mounted CPU/GPU loop
Current NiceHash numbers over last hour of mining
1288Sol/s on Equihash for a return of $12.96/day
Lyra2REv2 it runs at 121MH/s for a return of $16.02/day
One thing i have noticed since running the NiceHash is that it tends to favor the Equihash a lot more, not sure if there is a way to force it to mine the other instead... $16/day seems far more profit than $13/day.. not sure why it decides Equihash is more profitable... if the program is suppose to switch between the most profitable returns at the time...
1288 sol/s??? how did you get that? my Zotac Amp Extreme 1080ti only shows with Nicehash with 685 range and with EBW is 705 range. Amazing! To be completely honest with you i have no clue, im just telling you the numbers the program states.. in regards to your numbers.. i have 2 x 1080ti, so if i double your 685 number.. your actually performing more than me.. you would get roughly 1370.... and i have no clue how to mine EBW on this software. to give you that number |
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equihash is not more profitable, skein is , the 1080ti really shine on skein, and i noticed lately that it shine on JHA algorithm, but it's used only by the new launched sweep coin, amd is good now because ETH increased a lot with the last pump and with dual mining you can earn much with a cheap gpu
Have any pointers on accessing the ability to mine Skein? i am not coming up with much in my searches... |
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Hello All,
I am fresh to the whole alt coin thing, i did bitcoin mining years ago back in 2014 with Antminer S5's for a while tell those devices died and stop functioning. I got out of the mining because they never really lasted long enough to pay themselves off. Since then i have pushed into investing in multiple other ways like real estate and twitch streaming and have been going through a bit of stagnant profit, so i started looking into new ways to invest and i somehow ended back in crypto-currencies.. because of all the issues i had previously with my ASIC miners, i decided to look into GPU/CPU mining because the equipment is more easily accessible from trusted places with warranties and such. So i decided to use my NEW Gaming rig i recently built to mine when i am not using it for Twitch streaming of gaming and i setup with NiceHash Miner v1.7.5.12, because while googling mining with the GTX1080ti, most of the results i came across mentioned NiceHash as a decent miner, but many of those posting trashed talked saying AMD is the king over Nvidia in mining..
So my question is what are other options for me to check into using my Nvidia gear i ALREADY own to mine with to basically learn how all of this stuff works tell i decide to invest into more dedicated mining resources...
My Rig:
ASUS ROG Crosshair VI Hero
Ryzen 1700 @ 4.0Ghz
2 x MSI Armor GTX 1080ti's (not overclocked)
EVGA SuperNOVA 1000W G3
Phobya 1080mm watercooling external mounted CPU/GPU loop
Current NiceHash numbers over last hour of mining
1288Sol/s on Equihash for a return of $12.96/day
Lyra2REv2 it runs at 121MH/s for a return of $16.02/day
One thing i have noticed since running the NiceHash is that it tends to favor the Equihash a lot more, not sure if there is a way to force it to mine the other instead... $16/day seems far more profit than $13/day.. not sure why it decides Equihash is more profitable... if the program is suppose to switch between the most profitable returns at the time...
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You'll want to ask this question in the altcoin mining section.
That being said, it probably wouldn't hurt to do some ETH mining and convert to BTC with your setup if heat isn't an issue. Just make sure your fan profile is set aggressively and underclocking is your friend as mining is intense and most hardware needs default adjustments to keep from turning into a paperweight over time.
Could you explain more on why you state ETH mining over all the others? im trying to learn more about the details on why people choose specific coins to mine, from my briefing understandings, some miners are more efficient on GPUs over others.. and even different on AMD vs Nvidia... |
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I was chatting last night with someone who GPU mines for Zcash with a 6xGPU setup for extra money, i mentioned to him that recently went watercooled on my gaming rig which is a Ryzen 1700 w/ 2 x GTX1080ti's and he was telling me that i could just mine with my current PC setup when its not in use and make nearly as much as he makes with his 6 x AMD 470's, but im not really understanding the numbers on the site he pointed me to... Is this off or could i really be making this much times 2 for letting my PC mine when im not using it to stream or render video...   Is this saying Lyra2REv2 is the mining route i would make the most profit? |
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I have actually thought about this recently, years ago i got into bitcoin mining as a newbie. played around with the couple hundred usb asic miner rigs, then went to S5 antminer and ran it tell it died and honestly i think the reason it died was purely heat because i had it running in my 2 car garage on a shelf 24/7....
I am a twitch gamer streamer and recently upgraded to a watercooled rig with massive 1080mm external radiator mounted on the wall pointing the majority of the airflow from the radiator at the a/c suction vent in the room allowing the house a/c to pull the hottest air in the room directly out of the room before it gets a chance to really mix with the room when it cycles on... this setup dropped my 50-60c gaming temps on the CPU/GPU to now my rig stays around 28-32c at the hottest temps with very minimal amount of fan speed used.. half the time the fans are off and the temps are just cooled passively...
So you could manage GPU cooling with a massive watercooling loop easily... and it would take very low amount of wattage to perform this task in my opinion...
I really should look into the GPU mining currencies more.. because i have a rental property that i struggle to keep rented out right now due to the area that i could invest solar on the roof and setup a mining operation inside to produce some income..
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I understand that ASIC is way more efficient at mining for currency over CPU and GPU, but is it possible to build a custom setup? I mean is the hardware available for people to purchase and build a custom setup?? Im NOT talking about using those stupid USB asic miners..
The reason i ask this is because when i had my Antminer S5 back when i did mining, i kept it in my garage and the sheer amount of heat and noise it made just blew my mind while it mined away....i would have to keep the window in the garage open so the temps in the garage would stay manageable...
My current PC rig i went to watercooling with external 1080mm radiator mounted on the wall under my desk with spacers allowing decent airflow through the radiator and now my PC rig is nearly silent while extreme 4k gaming, because the temps on the radiator barely get to the point of turning on the fans, the fans barely run idle and in most cases just turn off due to the nature of the large radiator having enough passive cooling to maintain target temps setup in the fan controller...
It would be awesome to build a watercooled setup so i can dump the temps somewhere else.. or even go Geo-thermal.. My parents use a geothermal shop fan setup to maintain the woodworking shop at very comfortable temps... He buried roughly 200 feet of poly line in the ground and it is pumped into his shop on a continous loop using a pump barely larger than an aquarium pump... the radiator just has a fan blowing across the fins of the radiator which over time cools the room down as well doubles as a air purifier with the filtration filters on the intake side sucking up all the micro wood particles in the shop while cutting and working with wood.
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Hello All, I got into bitcoin mining years ago and bought a Antminer S5 when they first came out and mined with it tell it died and just never looked into again, since then the bitcoin value has skyrocketed, so i checked my account to see how much i made over the life of that bitcoin miner and figured maybe i should use some of the bitcoins i have to invest in a new setup...
My question is what are some of the more efficient bitcoin miners out on the market right now? I did a quick google search and it seems google is bloated with people building multiple GPU servers like 6x480's or Ryzen CPU rigs to mine bitcoins. I was under the impression that CPU and GPU mining was a thing of the past... is it not?
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Well, decided to give it a try... talked to my neighbor who has the large workshop with geothermal cooling about it and he was very intrigued, so i bought 2 units and ordered a single 1300watt PSU to power both. We are going to set them both up on his property and run them like that for now.
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The mining difficulty is what gets us brother. I feel you, it would be great, but I doubt we get 13 months out of the S5s. The next-gen gear is either already being mined with by manufacturers or it is almost ready. The mining difficulty is going to go high, very high, and the people who gamble on next gen to make money, well they will gamble. Bitcoin mining is not for a profit at this point. It is for people like me and others who want to help keep something going, enjoy this crazy sometimes spastic community, and see it as a hobby. Building your dream car, or overclocking PCs, or etc type of hobby where you spend. Some people trade their power bill for BTC through mining. In my opinion, unless you have about 200 - 500k, make a deal with a reputable MFG company like Spondoolies, and move to the right place for real cheap power do not expect a profit. Do not mine for a profit only buying a few units. Don't get me wrong plenty of people told me the same thing and hear I have with more than many and I guess less than anyone making money, but the only people making money from mining have either done what I said (which is still a huge gamble) or, they have free power. If you want to be in bitcoin and think the price is going to go to the moon, buy coin. Make sure you can trust people you deal with. Watch who and where you buy from depending on your needs and keep in mind Bitcoin is not anonymous. That is a myth. You could always try renting some hash, see the link in my sig. I like doing business with these guys. I think they are fair, and do their best to be straight up with customers. I sometimes want to gamble, very rare but I call it gambling bc it all is and I rent and throw it at Kano or CKs pools. I may even rent to grab some of an ALT that seems to have good technology, but still, I do not do it to make money. I go into it knowing I've lost that money and anything I make is awesome! I wish it wasn't this way, and maybe one day things will be different, but I have to think the true "glory days" of mining are past us. Even if you mined strictly to have the coin, you will have more coin by simply buying the coin. Today's prices are a perfect entry point to bitcoin. I believe it is going up to 270, 300, 320, etc and will find another floor about 90 dollars higher than where we are now, and another year or so the same. I would love for everyone to run a full node and keep no less than 3 or 4 miners running forever, but I am not a fool, at least not in that wishing department  By the way, nicehash is the UK service and westhash the US one. Same company as far as I know. If you see posts from Kano, CK is a mod, and PhillipMA you can trust them. Don't tell anyone your personal information and never give someone coin. There is a guy named OGnasty who has an amazing reputation for handling escrow. You give him money, the other person sends you product, once you are happy with product OG releases the money. Do not do it any other way because there are sharks here man, people who make there living stealing from honest folks. No matter how street smart you may be, there is trash around who can take it to another level. Be smart and don't tell anyone exactly what you have, especially financial information, where you live, etc. Good Luck! *Significant Edit* Sidehack who replied to you is also someone who shoots straight. He sells good products, and is a good guy even when grumpy with my nubish questions If I was making a list of good people here it would be a decent size one, so don't think everyone is a scammer, but there are enough to where you should always be safe. How fast does the mining difficulty increase? i ask this because i was looking at this as more than one possible idea... Firstly, i am always looking to make another buck.. so a little extra hash every year would be nice.... Secondly, i was thinking if the miners paid themselves off in 13 months, then it could generate an $900-1,000 USD after it paid itself off.. just going off the 0.12cent power rate... Thirdly, i have been contemplating upping my solar system to 3-4kW system to offset my entire house cost a month in electricity.. since summer months here in sunny Florida are killing us and every year they have been pushing to raise the solar cost and its only bound to increase soon.. they are proposing to jump it from 0.12 to 0.15 by 2017... So i would like to get ahead of the curve, but the time of payoff on such a size system takes longer the larger it is.. due to invertors and wiring cost increasing as size increases to accommodate it all, so if anything if i ran enough bitcoin miners to use the solar installed it would drop the payback to 1-2 years instead of multiple years... so if anything it could be a way to pay off solar install much much quicker.. Fourthly, after the solar has been offset by profit from bitcoin mining, the electricity at that point would be relatively cost-less to run if i kept them within the production range of the solar system.. so in my mind that equals profit.. or would the profit depreciate so much in the future to not really let this all work out?? Florida does offer net-metering even though i dont utilize it currently, so grid usage at night would be offset by solar production during the day if i went that route.. That will help you with difficulty, and there are some projections for what it will be, but I'd say at a minimum consider the last year X 4 in your calculations for difficulty. Companies want to put a miner in every phone, toaster, and POS device. It will get even bigger, even faster. If you figured out a way to get free power, or even power that was .03 you can do it, but you have to consider all of the incidentals. Power Distribution units - I build my own and I still have several hundred dollars in parts. I took a dining room table, mounted a sub panel to it, and mounted receptacles all around it. All 240 except a 4 plug 120. I made all of the cables going to the PSUs, and run all server units with B/O boards purchased from people here, sidehack I get 2000 watt units from and Finsky I get 2880s. Cables going form the PSUs to the miners. I couldn't build them as cheap as they can. I buy all of those. You have to deal with the heat. Think exhaust, dont think AC, but more like exhaust fans in some kind of tunnel or duct-work from the exit side of your miners. Don't keep anything flammable around your miners, and do keep a fire extinguisher. You need a 100 base network switch with enough ports so you don't have to buy another one right away. You can find deals on used ones in the marketplace here on the forum. You will need racks for your miners, get metal ones. The wire racks everyone has pictures of are less than 100 bucks at Lowes and that is the largets they sell. For only 3 or 4 miners or even 8-10 look at shoe racks. They are great, actually "boot racks". do more reading than you ever have in your life and never stop asking questions ya, i plan to pick a few brains along the way.. i am not in a hurry to buy and might even wait tell the summer to see if that new miner comes out... I know my buddy has his woodshop already cooled year around in the 70's on the hottest days of summer.. maybe i could bug him into doing it in his shop or partner up with him on it, because the back 1/3rd of his shop is completely empty.. since selling off a few peaces of his old woodworking equipment.. idk.. he is just a retired old wood worker.. who has plenty of money already LOL... Im just a young veteran in college doing a career change trying to figure out another source of income for myself.. i already own 3 rental properties in real estate investments i picked up while in the military and should be picking up a 4th here in a few months when i graduate college from someone i sold one of my houses to and they have orders to go to europe..... my current home has 8 acres of land, so i have room to put solar and such on it to make my electricity cheaper or near 0.....but i am doing the research to see if its worth it.. i will most likely continue to add solar to my house in the near future as its nice seeing my electric bill shrink from the current setup i already have setup on a temp platform/frame install.... |
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Speaking of, if anyone knows someone with Dragons, I might know a guy with a cheap electrical location...
When it comes to tanks, don't forget the S1. I just turned off the last of mine a month ago, and that was because I didn't feel like undervolting them again to run fanless at 0.8W/GH board-level. It's too bad the S5 doesn't work properly when undervolted. One of these days I'm gonna have to find time to test that and see if there isn't a solution, because those things could be run around 0.3W/GH instead of 0.5W/GH and extend the service life substantially. In theory.
Couldnt you run the S5's off watercooling? i know i have my personal PC running off of watercooling and it runs way cooler than it did on air cooling... and its dead silent.. Heck if you had a big enough bitmining operation, you could use a waterhose to frack a hole in the ground a good 10 or so feet a few times and use mother earth as an cooling medium, buddy of mine did this for his woodworking shop.. he used water hose just outside the side of the shop to basically hydro drill about 10 holes about about 15 feet in the ground straight down, then ran a radiator in the shop with a small water pump with a fan pulling air through the radiator.. on a 95F degree day here in Florida.. running that little setup 24/7 keeps his workshop around 75-78F without running the ran at any crazy speeds.. he origionally only had it going in 5 holes, but he doubled it to 10 holes and it dropped the room temps in the summer from 78-82F to 75-78F currently.. i think the water pump is only like a little 10watt unit.. |
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I am very new to bitcoin mining, i actually don't even have a setup to run yet, but after talking to a guy at work who is always talking bitcoin this and bitcoin that about it some my interest was gained, I am trying to understand how feasible or profitable it is to do as an investment....
I was crunching the math on some of the miners i found easily on google and from what i have read the Antminer S5 is the most efficient miner currently on the market in mass production.. If this is true, then what is the life span on these units??
I ask this because the math i was working out came out to about 13 months of mining for each unit before it pays itself off.. if these units are reliable enough to run for much longer than 13 months and make profit then i am thinking about investing into a few.
My electricity in my area is 0.12/kW, but i have 6 x 290w solar panels i recently bought and installed in a self installed grid tied configuration to offset the cost of charging my Chevy Volt i picked up earlier this year.. I picked up the 6 panels from a solar wholesale warehouse about 4 hours from me for $887.40 after tax and a 2 x 1,000watt grid tie true sine wave invertors for $270 off amazon and its been happily been running full tilt pumping out as high as 1920watts into the circuit i have them plugged into on really nice days..
So if my math is coming out correctly, this is what im coming out with....
Antminer S5, $430 w/powersupply producing $2.83 per day income before taking out $1.70 in electricity for a profit of $1.13 per day
So in about 13 months its paying itself off... at current rates..thus needing to mine for 12+ months to make any profit...
If i invested in more solar, i have read most people are seeing closer to 500watts consumption on them with the latest firmware running factory settings... the math still comes out to about the same, paying off the miner and solar equipment in roughly 12-14months then profit...
So i want to know if these miners would last long enough to pay themselves off and produce profit for multiple years preferably..
you can't pay 430 for an s-5 with power supply that easily. you need a 750 watt psu with decent pcie cables. you can pay 300 to 310 for 2 s-3's with a psu this psu. https://bitcointalk.org/index.php?topic=622783.0http://www.gigampz.com/store/p21/Gigampz_80Plus_Platinum_Efficiency%2C_1200_Watt_Kit.htmlthis could be better deal 136 for a psu plus 170 for 2 s-3's On the Antminer site it says $360 for the miner... I was at Tigerdirect over the weekend they had Thermaltake toughpower 750watt 80plus gold PSU's for $59.99 after rebate... so i figured with taxes about $430.. am i wrong? |
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The mining difficulty is what gets us brother. I feel you, it would be great, but I doubt we get 13 months out of the S5s. The next-gen gear is either already being mined with by manufacturers or it is almost ready. The mining difficulty is going to go high, very high, and the people who gamble on next gen to make money, well they will gamble. Bitcoin mining is not for a profit at this point. It is for people like me and others who want to help keep something going, enjoy this crazy sometimes spastic community, and see it as a hobby. Building your dream car, or overclocking PCs, or etc type of hobby where you spend. Some people trade their power bill for BTC through mining. In my opinion, unless you have about 200 - 500k, make a deal with a reputable MFG company like Spondoolies, and move to the right place for real cheap power do not expect a profit. Do not mine for a profit only buying a few units. Don't get me wrong plenty of people told me the same thing and hear I have with more than many and I guess less than anyone making money, but the only people making money from mining have either done what I said (which is still a huge gamble) or, they have free power. If you want to be in bitcoin and think the price is going to go to the moon, buy coin. Make sure you can trust people you deal with. Watch who and where you buy from depending on your needs and keep in mind Bitcoin is not anonymous. That is a myth. You could always try renting some hash, see the link in my sig. I like doing business with these guys. I think they are fair, and do their best to be straight up with customers. I sometimes want to gamble, very rare but I call it gambling bc it all is and I rent and throw it at Kano or CKs pools. I may even rent to grab some of an ALT that seems to have good technology, but still, I do not do it to make money. I go into it knowing I've lost that money and anything I make is awesome! I wish it wasn't this way, and maybe one day things will be different, but I have to think the true "glory days" of mining are past us. Even if you mined strictly to have the coin, you will have more coin by simply buying the coin. Today's prices are a perfect entry point to bitcoin. I believe it is going up to 270, 300, 320, etc and will find another floor about 90 dollars higher than where we are now, and another year or so the same. I would love for everyone to run a full node and keep no less than 3 or 4 miners running forever, but I am not a fool, at least not in that wishing department By the way, nicehash is the UK service and westhash the US one. Same company as far as I know. If you see posts from Kano, CK is a mod, and PhillipMA you can trust them. Don't tell anyone your personal information and never give someone coin. There is a guy named OGnasty who has an amazing reputation for handling escrow. You give him money, the other person sends you product, once you are happy with product OG releases the money. Do not do it any other way because there are sharks here man, people who make there living stealing from honest folks. No matter how street smart you may be, there is trash around who can take it to another level. Be smart and don't tell anyone exactly what you have, especially financial information, where you live, etc. Good Luck! *Significant Edit* Sidehack who replied to you is also someone who shoots straight. He sells good products, and is a good guy even when grumpy with my nubish questions If I was making a list of good people here it would be a decent size one, so don't think everyone is a scammer, but there are enough to where you should always be safe. How fast does the mining difficulty increase? i ask this because i was looking at this as more than one possible idea... Firstly, i am always looking to make another buck.. so a little extra hash every year would be nice.... Secondly, i was thinking if the miners paid themselves off in 13 months, then it could generate an $900-1,000 USD after it paid itself off.. just going off the 0.12cent power rate... Thirdly, i have been contemplating upping my solar system to 3-4kW system to offset my entire house cost a month in electricity.. since summer months here in sunny Florida are killing us and every year they have been pushing to raise the solar cost and its only bound to increase soon.. they are proposing to jump it from 0.12 to 0.15 by 2017... So i would like to get ahead of the curve, but the time of payoff on such a size system takes longer the larger it is.. due to invertors and wiring cost increasing as size increases to accommodate it all, so if anything if i ran enough bitcoin miners to use the solar installed it would drop the payback to 1-2 years instead of multiple years... so if anything it could be a way to pay off solar install much much quicker.. Fourthly, after the solar has been offset by profit from bitcoin mining, the electricity at that point would be relatively cost-less to run if i kept them within the production range of the solar system.. so in my mind that equals profit.. or would the profit depreciate so much in the future to not really let this all work out?? Florida does offer net-metering even though i dont utilize it currently, so grid usage at night would be offset by solar production during the day if i went that route.. |
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You will most likely throw the miner away before it burns out due to the difficulty increases.
Like how long will miners off the shelf like the S5 last before its not good enough to make money anymore aka trash it?? |
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I am very new to bitcoin mining, i actually don't even have a setup to run yet, but after talking to a guy at work who is always talking bitcoin this and bitcoin that about it some my interest was gained, I am trying to understand how feasible or profitable it is to do as an investment....
I was crunching the math on some of the miners i found easily on google and from what i have read the Antminer S5 is the most efficient miner currently on the market in mass production.. If this is true, then what is the life span on these units??
I ask this because the math i was working out came out to about 13 months of mining for each unit before it pays itself off.. if these units are reliable enough to run for much longer than 13 months and make profit then i am thinking about investing into a few.
My electricity in my area is 0.12/kW, but i have 6 x 290w solar panels i recently bought and installed in a self installed grid tied configuration to offset the cost of charging my Chevy Volt i picked up earlier this year.. I picked up the 6 panels from a solar wholesale warehouse about 4 hours from me for $887.40 after tax and a 2 x 1,000watt grid tie true sine wave invertors for $270 off amazon and its been happily been running full tilt pumping out as high as 1920watts into the circuit i have them plugged into on really nice days..
So if my math is coming out correctly, this is what im coming out with....
Antminer S5, $430 w/powersupply producing $2.83 per day income before taking out $1.70 in electricity for a profit of $1.13 per day
So in about 13 months its paying itself off... at current rates..thus needing to mine for 12+ months to make any profit...
If i invested in more solar, i have read most people are seeing closer to 500watts consumption on them with the latest firmware running factory settings... the math still comes out to about the same, paying off the miner and solar equipment in roughly 12-14months then profit...
So i want to know if these miners would last long enough to pay themselves off and produce profit for multiple years preferably..
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