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kanazawa
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April 04, 2016, 01:20:00 AM |
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Mining ETH is very simple and all that's written here is the right way to act, mine with cheap electricity and after all, sell gpu in ebay (i.e). At least, the initial costs are cheaper than with BCT.. but the logic of investment is the same... with time passing you can't make the same amount of profit, but the hardware in ETH mining aren't goin' obsolete so fast than BTC hardware are... it's a very hard thing to think...
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Josef27
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April 04, 2016, 05:05:14 AM |
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Are there a linux howto? i want try to mine eth
Linux isn't that bad anymore .. If you can install Windows, and run some dos programs. You can definitely run Unbuntu or Linux mint. If you want to do it .. I recommend Linux mint 17.1 same platform as Unbuntu 14.04. YouTube for install off USB key. Just download Linux mint iso. Get a program like Rufus and universal usb installer to write a bootable USB. Boot up and your off .. Once installed I think the daily decryp on YouTube has Geth install instructions. After that head over to dwarf pool and follow their miner instructions, and more advanced ethproxy. That's a little more complicated.. Basically you will install everything via a terminal like dos. Command line .. You pretty much just copy and paste the instructions.. Just google and you will find a forum if you get stuck. But seriously Linux mint has a gui a lot like Windows Xp very user friendly. |
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mickiya
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April 04, 2016, 07:33:45 AM |
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Mining ETH is very simple and all that's written here is the right way to act, mine with cheap electricity and after all, sell gpu in ebay (i.e). At least, the initial costs are cheaper than with BCT.. but the logic of investment is the same... with time passing you can't make the same amount of profit, but the hardware in ETH mining aren't goin' obsolete so fast than BTC hardware are... it's a very hard thing to think...
That is the reason I mine GPU coins. I bought 5850 and 5870 to mine bitcoin, then I sold them for 7970 to mine x11. |
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Mastsetad
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April 04, 2016, 11:36:14 AM |
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Mining ETH is very simple and all that's written here is the right way to act, mine with cheap electricity and after all, sell gpu in ebay (i.e). At least, the initial costs are cheaper than with BCT.. but the logic of investment is the same... with time passing you can't make the same amount of profit, but the hardware in ETH mining aren't goin' obsolete so fast than BTC hardware are... it's a very hard thing to think...
That is the reason I mine GPU coins. I bought 5850 and 5870 to mine bitcoin, then I sold them for 7970 to mine x11. I buy the R9 390 at the moment, they have 8 GB memory. So if the future coin requite more memory, it is OK. |
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coinyard
Sr. Member
 Offline
Activity: 266
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
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April 04, 2016, 01:45:49 PM |
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Maybe the next clone of Ethereum will have DAG file start from 2GB or even 3GB, so many graphics will be useless.
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aizzaku
Legendary
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Activity: 1146
Merit: 1006
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April 04, 2016, 03:18:56 PM |
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i managed to resurrect my old PC and got a gfx card from a friend- R9 280x. what has speed will i be getting on avg. on this card. Use to get 770 kh/s fro scrypt algo
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fricircled
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April 04, 2016, 03:44:03 PM |
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i managed to resurrect my old PC and got a gfx card from a friend- R9 280x. what has speed will i be getting on avg. on this card. Use to get 770 kh/s fro scrypt algo
The speed will be about 21MH/s. If you undervoltage and underclock, you may have better efficiency. |
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Josef27
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April 04, 2016, 05:07:37 PM |
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i managed to resurrect my old PC and got a gfx card from a friend- R9 280x. what has speed will i be getting on avg. on this card. Use to get 770 kh/s fro scrypt algo
Kind of same deal with me.. Luckily I was lazy, and kept my old Ltc miner 3x 7950's. Turns out these work da bomb. I'm getting 67-70 mh.. I also under volted them, each card is using less than 200 watts. I'm adding 2 more cards to max out the unit this week. I'm not going to make the same mistake I did in old days of BTC, pulling the plug because I wasn't gett atleast a coin a day.. Lol I'm gonna ride this into the ground, or until pos. Im also buying Eth on every big dip to cost average what I purchased on its run up. I looked on ebay these cards are selling for almost what I paid for them in I think 2013=$299.00. I like what Mastersetad said about selling,and upgrading. I may if I can get the same power effiency. |
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Doamader
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April 04, 2016, 05:22:56 PM |
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i managed to resurrect my old PC and got a gfx card from a friend- R9 280x. what has speed will i be getting on avg. on this card. Use to get 770 kh/s fro scrypt algo
Kind of same deal with me.. Luckily I was lazy, and kept my old Ltc miner 3x 7950's. Turns out these work da bomb. I'm getting 67-70 mh.. I also under volted them, each card is using less than 200 watts. I'm adding 2 more cards to max out the unit this week. I'm not going to make the same mistake I did in old days of BTC, pulling the plug because I wasn't gett atleast a coin a day.. Lol I'm gonna ride this into the ground, or until pos. Im also buying Eth on every big dip to cost average what I purchased on its run up. I looked on ebay these cards are selling for almost what I paid for them in I think 2013=$299.00. I like what Mastersetad said about selling,and upgrading. I may if I can get the same power effiency. The R9 390 is almost as efficient as the 7970. So it is quite good. I will also expand with that card. |
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bluebox
Full Member
Offline
Activity: 150
Merit: 100
caeruleum arca archa
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April 04, 2016, 07:53:44 PM |
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Hope everyone here who is thinking of putting a rig together knows what they're in for. Difficulty has continued to rise parabolically since January, and what that means is...
— Two months ago, a modest 75MH rig would net nearly 3 ETH/day (diff@10T).
— Today, 75MH barely nets a tick over 1 ETH/day (diff@25T).
— Two months from now, given the same rise in diff, 75MH will barely net you a 1/3-1/2 eth/day.
— Price has gone nowhere in the past month (still ~$11).
It's going to be much more difficult to recover hardware costs going forward if you're buying any today.
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"The hurrier I go, the behinder I get..." - Lewis Carroll
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aizzaku
Legendary
Offline
Activity: 1146
Merit: 1006
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April 04, 2016, 09:03:17 PM |
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well i believe its better than nothing right.
Even if not 1 ETH perday. its fine by me. i dont have to pay much for electricity
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Quesdana
Member
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Activity: 212
Merit: 10
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April 04, 2016, 09:44:27 PM |
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well i believe its better than nothing right.
Even if not 1 ETH perday. its fine by me. i dont have to pay much for electricity
It is OK for you to mine, but for other people paying $0.2/kWh, it will not be profitable in two months. |
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adaseb
Legendary
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Activity: 3752
Merit: 1710
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April 04, 2016, 09:48:00 PM |
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well i believe its better than nothing right.
Even if not 1 ETH perday. its fine by me. i dont have to pay much for electricity
It is OK for you to mine, but for other people paying $0.2/kWh, it will not be profitable in two months. $0.20/kWH is crazy. Where are you located? |
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basyaru
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April 05, 2016, 03:04:17 AM |
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well i believe its better than nothing right.
Even if not 1 ETH perday. its fine by me. i dont have to pay much for electricity
It is OK for you to mine, but for other people paying $0.2/kWh, it will not be profitable in two months. I'm not sure that was a good idea to start mining if you pay $0.2/kWh. High profit never lasts long  |
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Tmdz
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April 05, 2016, 03:33:04 AM |
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Unfortunately in this economy any opportunity to make some money people are very driven to jump on board.
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aizzaku
Legendary
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Activity: 1146
Merit: 1006
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April 05, 2016, 07:05:56 AM |
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Unfortunately in this economy any opportunity to make some money people are very driven to jump on board.
Yes this nature is why the crypto currency is working till now. It kinda fast money over other conventional work. Rather than fast the manual work is not like other works. |
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adaseb
Legendary
Offline
Activity: 3752
Merit: 1710
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April 05, 2016, 07:10:00 AM |
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Yeah we pretty much make money in our sleep. What could be better then that.
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Kalder
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April 05, 2016, 08:40:35 AM |
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well i believe its better than nothing right.
Even if not 1 ETH perday. its fine by me. i dont have to pay much for electricity
It is OK for you to mine, but for other people paying $0.2/kWh, it will not be profitable in two months. I'm not sure that was a good idea to start mining if you pay $0.2/kWh. High profit never lasts long The difficulty is rising fast and the price is dropping now. It will soon be unprofitable for the high electricity cost miners. |
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coinyard
Sr. Member
Offline
Activity: 266
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
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April 05, 2016, 10:35:03 AM |
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As long as the hash rate is increasing and the price does not rise, the Ethereum mining will not be profitable one day.
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Vaccinus
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April 05, 2016, 11:54:41 AM |
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if there is no more profit, i'll wait for the next huge coin, it will come eventually
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