Abiky (OP)
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September 09, 2015, 02:11:49 PM |
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I'm interested in buying an AMD FX (eight core) cpu for my rig. Before I do such thing, I need to know what would be the expected hashrate that I would get when mining CPU coins with it? Is there a way to know this before buying the CPU? (sorry for my ignorance, I'm pretty new to this) Any help would be greatly appreciated. Thank You
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nonbody
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September 09, 2015, 04:51:49 PM |
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i myself would also like to know this, i do know that it depends on a lot of factors such as your configs settings and the algo of the coin. would be awesome if there was a website that did this
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| | | I E O IN Livecoin.net Probit P2pPb2b from 11/02/2020 2local Sale |
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Abiky (OP)
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Activity: 3416
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www.Crypto.Games: Multiple coins, multiple games
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September 09, 2015, 04:54:20 PM |
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i myself would also like to know this, i do know that it depends on a lot of factors such as your configs settings and the algo of the coin. would be awesome if there was a website that did this
Yes, like a CPU Hash rate calculator or something similar. That way it would be easier to choose the most profitable CPU to mine CPU coins.
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nonbody
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September 09, 2015, 05:02:28 PM |
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i myself would also like to know this, i do know that it depends on a lot of factors such as your configs settings and the algo of the coin. would be awesome if there was a website that did this
Yes, like a CPU Hash rate calculator or something similar. That way it would be easier to choose the most profitable CPU to mine CPU coins. I think GPU and CPU mining is catered towards the techies mostly and most of them know their hashrates like their times tables. i have found that mining is almost this losely connected elitist group
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| 2local | ... | Sustainability and Prosperity. Pre sale is going on | .... |
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| | | I E O IN Livecoin.net Probit P2pPb2b from 11/02/2020 2local Sale |
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Abiky (OP)
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Activity: 3416
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www.Crypto.Games: Multiple coins, multiple games
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September 09, 2015, 05:10:03 PM |
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I think that mining with a 16 core server CPU would be profitable. I'm considering buying one of these or just stick to the eight core CPU. Maybe I could reach ROI within a few months. Who knows? I might get lucky
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AmDD
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September 09, 2015, 05:16:37 PM |
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Chances are, you would be wasting your time. There are very few CPU only coins and most (all?) are run by botnets and dumped for Bitcoin. Now, if you want to mine just to learn then go for it but dont expect to ever break even let alone make a profit.
GPU mining is almost in the same boat with the exception of a few coins.
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BTC tip jar: 18EKpbrcXxbpzAZv3T58ccGcVis7W7JR9w LTC tip jar: Lgp8ERykAgx6Q8NdMqpi5vnVoUMD2hYn2a
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Abiky (OP)
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www.Crypto.Games: Multiple coins, multiple games
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September 09, 2015, 05:22:48 PM |
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Chances are, you would be wasting your time. There are very few CPU only coins and most (all?) are run by botnets and dumped for Bitcoin. Now, if you want to mine just to learn then go for it but dont expect to ever break even let alone make a profit.
GPU mining is almost in the same boat with the exception of a few coins.
What about XMG (magi)? Looks promising. It is a hybrid PoW/PoS coin. I've been mining a few with my quad core CPU and earned $0.10 running the PC for a full day (24hrs)
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AmDD
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September 09, 2015, 06:26:51 PM |
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Chances are, you would be wasting your time. There are very few CPU only coins and most (all?) are run by botnets and dumped for Bitcoin. Now, if you want to mine just to learn then go for it but dont expect to ever break even let alone make a profit.
GPU mining is almost in the same boat with the exception of a few coins.
What about XMG (magi)? Looks promising. It is a hybrid PoW/PoS coin. I've been mining a few with my quad core CPU and earned $0.10 running the PC for a full day (24hrs) Honestly I know nothing abuot that coin but doing some math will tell you its not profitable. If your computer is using 250 watts of power (I dont really know what it uses, you'll have to figure it out) and your electric costs $.10/kwh (average cost in the US) then you spent about $.60 to make $.10.
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BTC tip jar: 18EKpbrcXxbpzAZv3T58ccGcVis7W7JR9w LTC tip jar: Lgp8ERykAgx6Q8NdMqpi5vnVoUMD2hYn2a
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nonbody
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September 09, 2015, 06:40:38 PM |
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Chances are, you would be wasting your time. There are very few CPU only coins and most (all?) are run by botnets and dumped for Bitcoin. Now, if you want to mine just to learn then go for it but dont expect to ever break even let alone make a profit.
GPU mining is almost in the same boat with the exception of a few coins.
What about XMG (magi)? Looks promising. It is a hybrid PoW/PoS coin. I've been mining a few with my quad core CPU and earned $0.10 running the PC for a full day (24hrs) Honestly I know nothing abuot that coin but doing some math will tell you its not profitable. If your computer is using 250 watts of power (I dont really know what it uses, you'll have to figure it out) and your electric costs $.10/kwh (average cost in the US) then you spent about $.60 to make $.10. if you still live at your parents or pay a flat rate for your electricity before a certain point i dont see why you shouldn't, but not for 10 cents, maybe 1 dollar a day
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| 2local | ... | Sustainability and Prosperity. Pre sale is going on | .... |
| .... |
| .... |
| .... | ...J O I N... | .... | ...Whitepaper... | .... | ░░░░░░▄▄▄████████▄▄▄ ░░░░▄████████████████▄ ░░▄████████████████████▄ ░█████▀░░░░░░░░░░████████ ▐█████░▄████████░░███████▌ ████████▀▀██████░░████████ ████████▄▄█████░░░████████ ██████████████░░░█████████ ▐███████▀░░░░░░▄█████████▌
| | | I E O IN Livecoin.net Probit P2pPb2b from 11/02/2020 2local Sale |
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Abiky (OP)
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Activity: 3416
Merit: 1412
www.Crypto.Games: Multiple coins, multiple games
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September 10, 2015, 01:52:50 AM |
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Chances are, you would be wasting your time. There are very few CPU only coins and most (all?) are run by botnets and dumped for Bitcoin. Now, if you want to mine just to learn then go for it but dont expect to ever break even let alone make a profit.
GPU mining is almost in the same boat with the exception of a few coins.
What about XMG (magi)? Looks promising. It is a hybrid PoW/PoS coin. I've been mining a few with my quad core CPU and earned $0.10 running the PC for a full day (24hrs) Honestly I know nothing abuot that coin but doing some math will tell you its not profitable. If your computer is using 250 watts of power (I dont really know what it uses, you'll have to figure it out) and your electric costs $.10/kwh (average cost in the US) then you spent about $.60 to make $.10. if you still live at your parents or pay a flat rate for your electricity before a certain point i dont see why you shouldn't, but not for 10 cents, maybe 1 dollar a day It's a good thing that I don't pay for electricity (my parents pay the bill) so that means that I could get some profit, right? Even if I still make a dollar a day I'll still be fun to mine
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whizz94
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Solar Bitcoin Specialist
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September 10, 2015, 09:54:12 PM |
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To mine because someone else pays the electricity is still no fun if you are cpu mining. Look at the orders of magnitude: Taking a bitmain Antminer S3 as an example of what gets used and sets the difficulty target for a lot of the sha256 altcoins, it does more than 400 GHash/s. A "good" gpu might get 1 GHash/s. A "good" cpu might get 10 MHash/s, and at best you might approach 0.08 GHash/s with eight cores going. If you want to dabble, there are some S1 antminer units on ebay which will do better than 150GHash/s for you and are about the right size to get something for your trouble, though not enough to pay your parents for the electricity which it will use.
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Abiky (OP)
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Activity: 3416
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www.Crypto.Games: Multiple coins, multiple games
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September 11, 2015, 12:51:15 AM |
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To mine because someone else pays the electricity is still no fun if you are cpu mining. Look at the orders of magnitude: Taking a bitmain Antminer S3 as an example of what gets used and sets the difficulty target for a lot of the sha256 altcoins, it does more than 400 GHash/s. A "good" gpu might get 1 GHash/s. A "good" cpu might get 10 MHash/s, and at best you might approach 0.08 GHash/s with eight cores going. If you want to dabble, there are some S1 antminer units on ebay which will do better than 150GHash/s for you and are about the right size to get something for your trouble, though not enough to pay your parents for the electricity which it will use.
Thanks for the advice! I will try mining with a real miner instead (will get an Antminer S7) to mine some Bitcoins. This new miner is more energy efficient than previous versions so I hope that the electric bill would be suitable enough for my parents to pay it.
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mookid
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September 12, 2015, 01:44:00 AM |
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Bytecoin or Monero could be profitable, they use the Cryptonight Algorithm. I get about 270 or 250 Hashes/s with a FX-6300. So you should get a bit more with a FX-8300's You should calculate how much electricity are you going to use with that PC, if you pay energy, then do the math to see if it's profitable. If not, then just don't mine. Happy mining.
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Lenore
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September 12, 2015, 04:02:44 PM |
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The only way I can see makin any money is if you are tech savy. I have seen very few people set up mining rigs powered by solar. There systems were specifically built to only use what could be produced.
So if this would be something that is appealing to some people then awesome.
You need to know different formulas to be ale to calculate exactly what you need, how much power you will consume, your charge and discharge rates, bank size, and all sorts of other things.
This is assuming that your system doesnt fail before you make any money back.
but any ways. If you power is free then go for it. Hell run a cord from the next door neighbors house. lol
or you could create a small fission reactor out of smoke detectors (and hope no one finds out about it). lol free power there if you know what your doing.
have a stream near by. use stepper motors to generate some power.
sorry im ramblin. ideas flow when i do that.
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