Start private mining - worth it for a gamer?

[szesch]

Hey guys,
I know private mining is not really efficient, but...
- we always have at least 1 high end pc, currently 2. Both have a GeForce GTX 1070 GAMING X 8GB
- cost of energy is not really a point as we have a solar home system (photovoltaics) and I dont want to give it to the energy company (you get much less compared to what you pay)

problems:
- I don't really have mining know-how
- we buy those PCs for gaming, which will remain the main purpose. Depending on workload we play games about 3-5 times a week, for 1-3h on av. Sometimes much more, sometimes much less.

questions:
- Is it worth to learn all the stuff that is needed to mine successfully?
- Is it worth to buy a second graphic card for mining, i.g. vega
- how can I accommodate mining and gaming? I've heard you should't stop mining process all time. Is it maybe better to use a tool like nicehash?
- Is it maybe better to build a mining only pc and split mining and gaming?

Any help appreciated.
Thanks!

[Johny101010]

In my opinion:
1. You should absolutely mine. Free energy and already owner hardware with major down times.
2. Mining will not make you reach but will get you about $1k a year. About is the key word.
3. IF you want to become a full time miner then you can think about buying more hardware.
For now OC the heck out of those cards, go to Nanopool website and get all the info in the help section to get GPU and CPU mining on the way.
Mine ZCash with GPU and XMR (Monero) with CPU, I'm assuming you have a core i5 it higher CPU.
It is very easy and will help too build a small vacation fund or a cryptocoin portfolio that you can play with.
If possible stay away from nicehash because of profitability.

[alexrossi]

If you keep a 50% zcash/eth/monero mining + 50% easypump new coins you can make a decent profit even with a couple of gpus

In my opinion: totally worth the time spent learning it

[Phash2k]

well... if you don't have energy expenses, you should mine. Definetely!
but maybe combine it with stakeing

I am mining monero to a pool, and stake NEO Coins in a Wallet.
I wanted to stake waves - but I don't have enough for a master node
I wanted to stake ARK - but it fails for not having a fixed IP... soo..

look for some coins to stake and mine with your PC (nicehash is a good start) while you are not using it

[szesch]

Thanks for your replies so far!

My CPU: Ryzen 7 1700X 8x 3.40GHz
2nd PC: core i7, don't know which right now
I already own about 7 BTC in altcoins. Started with 200$

Do you know good video tutorials? I only found a good nicehash tutorial in youtube.

I know profitability isn't that good when using nicehash. But how is profitability when you switch off mining process all time?

[easyhash]

Hey guys,
I know private mining is not really efficient, but...
- we always have at least 1 high end pc, currently 2. Both have a GeForce GTX 1070 GAMING X 8GB
- cost of energy is not really a point as we have a solar home system (photovoltaics) and I dont want to give it to the energy company (you get much less compared to what you pay)

problems:
- I don't really have mining know-how
- we buy those PCs for gaming, which will remain the main purpose. Depending on workload we play games about 3-5 times a week, for 1-3h on av. Sometimes much more, sometimes much less.

questions:
- Is it worth to learn all the stuff that is needed to mine successfully?
- Is it worth to buy a second graphic card for mining, i.g. vega
- how can I accommodate mining and gaming? I've heard you should't stop mining process all time. Is it maybe better to use a tool like nicehash?
- Is it maybe better to build a mining only pc and split mining and gaming?

Any help appreciated.
Thanks!

Hi

We have just created an alt coin mining site where our goal are to be as newbie friendly as possible.

I want to invite you to check it out and give us any feedback you migth have.

https://Easyhash.io/getting started

Just try it out with the equipment you have and if (or rather when) you get hoocked, build a mining rig

[szesch]

Hey guys,
I know private mining is not really efficient, but...
- we always have at least 1 high end pc, currently 2. Both have a GeForce GTX 1070 GAMING X 8GB
- cost of energy is not really a point as we have a solar home system (photovoltaics) and I dont want to give it to the energy company (you get much less compared to what you pay)

problems:
- I don't really have mining know-how
- we buy those PCs for gaming, which will remain the main purpose. Depending on workload we play games about 3-5 times a week, for 1-3h on av. Sometimes much more, sometimes much less.

questions:
- Is it worth to learn all the stuff that is needed to mine successfully?
- Is it worth to buy a second graphic card for mining, i.g. vega
- how can I accommodate mining and gaming? I've heard you should't stop mining process all time. Is it maybe better to use a tool like nicehash?
- Is it maybe better to build a mining only pc and split mining and gaming?

Any help appreciated.
Thanks!

Hi

We have just created an alt coin mining site where our goal are to be as newbie friendly as possible.

I want to invite you to check it out and give us any feedback you migth have.

https://Easyhash.io/getting started

Just try it out with the equipment you have and if (or rather when) you get hoocked, build a mining rig

Is it s.th. like nicehash?
I'd prefer to learn 'real' mining. my only concern is, whether shut-offs is a problem

[antantti]

we play games about 3-5 times a week, for 1-3h on av.

That makes 3-15 hours/ week so they are doing nothing for the rest 153-165 hours of the week.

Ryzen and i7 should mine xmr and 1070´s equihash based coins when there is free power available.

To be more efficient on mining ryzen+2x1070, better gaming experience i7+2x1070. Just to burn that free power keep it as it is, it will be really hard to burn more than 600w with those two rigs.

[fanatic26]

But how is profitability when you switch off mining process all time?

Unless you are converting those coins the moment they are mined bouncing around to a bunch of different algos is just a waste of time. The best way to do it is to pick a coin you will hold onto for a while and mine that while ignoring the day to day fluctuation of the price unless something major happens

[Sev18]

It is not that difficult to start mining. Just try it.
1. register to mining pool like flypool or miningpoolhub or etc.
2. install ETH miner(Claymore's or ethminer) or Zec miner(EWBF ..)
3. Run those miner with adequate setting.

Try mining and look how much profit comes out daily, electricity usage, heats and noises from your PC. It will help making decisions for additional mining rigs.

[Chicago]

Hi szesch,

    You ask a valid question and I think the right way to approach a response is to ask if you're interested in the long-term blockchain future or just short-term gain.
    If you want short-term gain, its generally going to be less expensive to just buy coins on an exchange.

    But, if you like blockchain technology and want to have the latest tools at the ready so that in a moment, you can call up some new mining algorithm and start hashing right away - then getting into using your GPU with various proof-of-work algorithms on various chains can't be bad practice.

    An easy way to start would be to get the mining programs and a wallet or two - then start hashing, after reading a howto or two and tuning the parameters to optimize your configuration.
    Try both solo and pooled mining -- get comfortable with all of it -- see how the system does temperature-wise -- add a fan if you need to and then see if you're having fun yet.

Best Regards,
-Chicago

[philipma1957]

Hey guys,
I know private mining is not really efficient, but...
- we always have at least 1 high end pc, currently 2. Both have a GeForce GTX 1070 GAMING X 8GB
- cost of energy is not really a point as we have a solar home system (photovoltaics) and I dont want to give it to the energy company (you get much less compared to what you pay)

problems:
- I don't really have mining know-how
- we buy those PCs for gaming, which will remain the main purpose. Depending on workload we play games about 3-5 times a week, for 1-3h on av. Sometimes much more, sometimes much less.

questions:
- Is it worth to learn all the stuff that is needed to mine successfully?
- Is it worth to buy a second graphic card for mining, i.g. vega
- how can I accommodate mining and gaming? I've heard you should't stop mining process all time. Is it maybe better to use a tool like nicehash?
- Is it maybe better to build a mining only pc and split mining and gaming?

Any help appreciated.
Thanks!

Mine zec at nicehash and auto convert to btc.

Just hold the btc.

Set tdp at 70%

Don't stop mining 100 times a day.  But. You can stop and start 3 to 10 times a day.

[joshuajones02]

Hi szesch,

    You ask a valid question and I think the right way to approach a response is to ask if you're interested in the long-term blockchain future or just short-term gain.
    If you want short-term gain, its generally going to be less expensive to just buy coins on an exchange.

    But, if you like blockchain technology and want to have the latest tools at the ready so that in a moment, you can call up some new mining algorithm and start hashing right away - then getting into using your GPU with various proof-of-work algorithms on various chains can't be bad practice.

    An easy way to start would be to get the mining programs and a wallet or two - then start hashing, after reading a howto or two and tuning the parameters to optimize your configuration.
    Try both solo and pooled mining -- get comfortable with all of it -- see how the system does temperature-wise -- add a fan if you need to and then see if you're having fun yet.

Best Regards,
-Chicago

is this a copied and paste response? He/she were only asking if they should be mining with their gaming graphics cards since they only game so minimally, they aren't trying to buy more mining rigs and or looking to invest in the cryptocurrency world. They just want to see if they could make a profit from running a miner on their gaming computer lol

and nobody should be solo mining any of the popular coins unless they have GHs of hashrates, and even then miners tend to join pools

[maydna]

Hey guys,
I know private mining is not really efficient, but...
- we always have at least 1 high end pc, currently 2. Both have a GeForce GTX 1070 GAMING X 8GB
- cost of energy is not really a point as we have a solar home system (photovoltaics) and I dont want to give it to the energy company (you get much less compared to what you pay)

problems:
- I don't really have mining know-how
- we buy those PCs for gaming, which will remain the main purpose. Depending on workload we play games about 3-5 times a week, for 1-3h on av. Sometimes much more, sometimes much less.

questions:
- Is it worth to learn all the stuff that is needed to mine successfully?
- Is it worth to buy a second graphic card for mining, i.g. vega
- how can I accommodate mining and gaming? I've heard you should't stop mining process all time. Is it maybe better to use a tool like nicehash?
- Is it maybe better to build a mining only pc and split mining and gaming?

Any help appreciated.
Thanks!

you can find the tutorial in youtube and start to watching so you can start your own mining rig. i think its still worth to learn about mining so you can know how to mining the coins. as long as you have money, you can buy a second graphic card for mining and even you can buy a new one. if you want to mining and gaming to work together then you should have two different computer which you can use for gaming and mining in the same time. its better to use a tool like nicehash but it will work properly if its stand alone with one computer only and not for doing another activity like games but its fine if you want to browsing the internet with browser.

[Mister1k]

Hi szesch,

    You ask a valid question and I think the right way to approach a response is to ask if you're interested in the long-term blockchain future or just short-term gain.
    If you want short-term gain, its generally going to be less expensive to just buy coins on an exchange.

    But, if you like blockchain technology and want to have the latest tools at the ready so that in a moment, you can call up some new mining algorithm and start hashing right away - then getting into using your GPU with various proof-of-work algorithms on various chains can't be bad practice.

    An easy way to start would be to get the mining programs and a wallet or two - then start hashing, after reading a howto or two and tuning the parameters to optimize your configuration.
    Try both solo and pooled mining -- get comfortable with all of it -- see how the system does temperature-wise -- add a fan if you need to and then see if you're having fun yet.

Best Regards,
-Chicago

is this a copied and paste response? He/she were only asking if they should be mining with their gaming graphics cards since they only game so minimally, they aren't trying to buy more mining rigs and or looking to invest in the cryptocurrency world. They just want to see if they could make a profit from running a miner on their gaming computer lol

and nobody should be solo mining any of the popular coins unless they have a GHs of hashrates, and even then miners tend to join pools

Lol, may be. My friend complete gaming PC console. Now trying to mine Zcash and monero using Minergate pool but earning seems to be very little since he is having one GEforce 750I GPU. I think 1080 TI graphics card may give little better profit in altcoin. Use raiser to connect the multiple cards in the one PCI. Don't ever with your CPU cores dude.

[Chicago]

Definitely not copy+paste; I thought it was what he should hear.

[szesch]

Thank you all guys, you were really helpful!

I decided to start mining with Claymore.

GPU mining works well already. I'm dual mining ETH and DEC
Hashrate ETH: 30-30.3 Mh/s
GPU settings:
Power: 80%
Memory clock: +569 MHz

But I'm worried about my CPU.
Even when mining in low-CPU mode, it gets hot very fast.
Within minutes temperature reaches 80 degree. If I don't switch off my pc then, it crashes.
I already realized CPU gets hot when gaming.
For some games temp. reaches 75-77 degree.
Might be a cooling problem. Cooling worked well when I bought this pc.
After transporting the pc, there seems to be an issue.
I already checked the cpu fan, but it's clipped to the cpu very tight and I can't open the clip.
I remember that I didn't have much thermal heatsink paste, maybe that's the problem?

Hope you can help me!

[Johny101010]

I think it would help if you leave the case open. That is one thing for mining, no airflow will kill your rig very quickly.

[joshuajones02]

I wouldn't mine with your CPU if you're having issues with it overheating.. you'll only get like what? 5-6 dollars a month, just stick to GPU mining so you dont burnout your CPU and end up having to replace. Or you could buy a cool Corsair water cooler unit. I bought one for absolutely no reason lol