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Author Topic: Hello everyone! - Beginner mining questions  (Read 799 times)
puremage111 (OP)
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March 05, 2017, 06:28:34 AM
 #1

First of all, actually i tried on bitcoin mining with my old laptop and within 1 day it auto shutdowns itself because i run on 4thread 100% xd

Therefore, i recently read about this usb stick miner.

Found out about this : GekkoScience

My laptop brand is : X550Z

Therefore i wanted to ask regarding on mining with the usb stick mining rig, does it works with laptop?

In my country : The power per /kwh is $0.10-0.15

If i plug it in to my laptop, the only thing that will run is consuming my laptop power and just the stick itself right?

It wont harm my hardware like HDD, RAM as it doesn't run by mining with the cpu and the gpu itself am i right?

Base on the calculation use on this site



Is my setting correct on this? Gekkoscience has a 8gh/s speed but i will just calculate it as 1000 mh/s = 1gh/s perhaps for lower power supply, and i check it says the average power consumption is 0.36kwh



And this is the earning, did i put a wrong setting? Because with $49 the earning itself for monthly is so huge

Thanks!


Thanks!
BigBoom3599
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March 05, 2017, 10:58:11 AM
 #2

The USB Miner you mentioned only mines the SHA algorithm, which is the algorithm used by Bitcoin for example. Ethereum uses a different algorithm which means that you can't use SHA-miners with Ethereum. The hashrate for every algorithm varies, which means you can't compare them e.g: 1Gh/s in Ethereum is quite a lot, but 1Gh/s in Bitcoin is basically nothing.
puremage111 (OP)
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March 05, 2017, 03:11:36 PM
 #3

The USB Miner you mentioned only mines the SHA algorithm, which is the algorithm used by Bitcoin for example. Ethereum uses a different algorithm which means that you can't use SHA-miners with Ethereum. The hashrate for every algorithm varies, which means you can't compare them e.g: 1Gh/s in Ethereum is quite a lot, but 1Gh/s in Bitcoin is basically nothing.

I see! That's why i am thinking why that the roi is so impress xd

So different miner has different mining algo am i right?

Thanks!

BTW, how can i calculate on the power watt?
Base on this :  Efficiency is .31-.35 watts per gh

How much should i enter in the field?

Thanks!
unholycactus
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March 05, 2017, 04:04:33 PM
 #4

The USB Miner you mentioned only mines the SHA algorithm, which is the algorithm used by Bitcoin for example. Ethereum uses a different algorithm which means that you can't use SHA-miners with Ethereum. The hashrate for every algorithm varies, which means you can't compare them e.g: 1Gh/s in Ethereum is quite a lot, but 1Gh/s in Bitcoin is basically nothing.

I see! That's why i am thinking why that the roi is so impress xd

So different miner has different mining algo am i right?

Thanks!

BTW, how can i calculate on the power watt?
Base on this :  Efficiency is .31-.35 watts per gh

How much should i enter in the field?

Thanks!

The most recent miner from Antminer gives you 13.5TH/s at around 1350W which is about 0.01W/GH.
This is 30 times more efficient than the stick you have right now.

How much you would need to enter the field depends on much you pay your electricity (per kWh for example).
The more you pay, the more you need an effective miner to break even faster.
takagari
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March 05, 2017, 07:41:19 PM
 #5

running sticks ont he laptop port can burn up the port.

As far as mining btc, not even worth it unless you buy the latest asic. which is risky at best
as for alt coins, you need specialized gpu rigs etc. to make it worth it.

anything you can/could run on your laptop would burn it up fast.
bitcoin is out of the question for pc mining.

The usb sticks are mostly used for lotto/solo mining.
Gptinnastate
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March 06, 2017, 10:29:30 PM
 #6

Someone help me pweeeeez!! Huh Huh

I'm trying to set up a OS for my ASIC miners nothing is working !! on my pi 3
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