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Author Topic: Monero the most profitable gpu coin atm ?  (Read 2248 times)
Spufa
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September 03, 2016, 10:58:52 AM
 #1

Monero is now the most profitable coin you can mine with gpu. Price has gone up 60% in 24hrs. Do you guys think price will stick ? Are you switching some of your hashing power to XMR ?
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adaseb
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September 03, 2016, 11:01:54 AM
 #2

Doesn't matter if price will stick or not. The difficulty will go up and it'll be the same profitability as mining ETH.

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September 03, 2016, 12:34:26 PM
 #3

Doesn't matter if price will stick or not. The difficulty will go up and it'll be the same profitability as mining ETH.

The difficulty has not risen too much. You can see the graph fro dwarf pool at present..
http://dwarfpool.com/xmr
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September 03, 2016, 12:52:42 PM
 #4

Doesn't matter if price will stick or not. The difficulty will go up and it'll be the same profitability as mining ETH.

The difficulty has not risen too much. You can see the graph fro dwarf pool at present..
http://dwarfpool.com/xmr

It will in 24hours or so. Look what happened on Aug 31

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September 04, 2016, 08:26:36 PM
 #5

Difficulty already increased by 50%. I think that you won't get that much over ETH, and price might get down and push the profitability lower than ETH, with it's steady value over the time.
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September 04, 2016, 10:15:07 PM
 #6

Difficulty has risen too much and you earn less mining Monero over ETC

If the price spikes again then you might be able to sell the coins and be slightly ahead of eth and etc.
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September 04, 2016, 11:01:39 PM
 #7

The other issue with Monero is that it's not a good coin to mine with GPUs in the first place - seems to be much more efficient to mine with good CPUs.
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September 05, 2016, 01:48:57 PM
 #8

The other issue with Monero is that it's not a good coin to mine with GPUs in the first place - seems to be much more efficient to mine with good CPUs.

A low-end GPU like the R7 370 gets ~400H/s.  What CPU will give you the same performance?  A G1840 only gets ~30H/s, so I doubt even a new Core-i7 would do any better than the 370.
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September 05, 2016, 03:14:30 PM
 #9

On the claymore cpu miner he says the i7-4770 will get you like 280 h/s but that cpu costs over $300.

All low/mid to high end gpus will out perform cpus, but it just does not completely destroy cpu in the hash rates like they usually do.  But I wouldn't worry much about it since most everyone mines with gpu and the profit is similar to ethash coins.
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September 05, 2016, 06:27:18 PM
 #10

pleasant secondary effect is the lower power consumption while mining Monero.
My R9 Nano's core power with ETH is around 145W per card, with XMR it drops down to 92W-94W (same clocks and Afterburner settings). Really not the badest thing here in pay-like-a-hog-roast-for-energy-Germany. Cool
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September 05, 2016, 06:36:04 PM
 #11

Is it worth mining with a low to mid-end GPU currently?
I have a GTX 950 and I havn't found any good estimations on how much mining power this will provide.
My power costs are pretty high here in the US, state of Michigan. (About 0.11/kwh)

Would I be totally wasting my time/ money at this point?
My CPU is pretty old, came out in 2009 and even though its overclocked to 3.2Ghz, its pretty outdated as far as everything else goes:
http://www.cpu-world.com/CPUs/K10/AMD-Phenom%20II%20X3%20720%20Black%20Edition%20-%20HDZ720WFK3DGI%20(HDZ720WFGIBOX).html
AMD Phenom II X3 720 (BE)

I will check back on this topic, or feel free to PM me if you've mined with this card or processor.
Thanks in advance for any tips/ info I can get related to this specific GPU or CPU for mining Monero.
Cheers!!!

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September 09, 2016, 06:24:22 AM
 #12

Is it worth mining with a low to mid-end GPU currently?
I have a GTX 950 and I havn't found any good estimations on how much mining power this will provide.
My power costs are pretty high here in the US, state of Michigan. (About 0.11/kwh)

Would I be totally wasting my time/ money at this point?
My CPU is pretty old, came out in 2009 and even though its overclocked to 3.2Ghz, its pretty outdated as far as everything else goes:
http://www.cpu-world.com/CPUs/K10/AMD-Phenom%20II%20X3%20720%20Black%20Edition%20-%20HDZ720WFK3DGI%20(HDZ720WFGIBOX).html
AMD Phenom II X3 720 (BE)

I will check back on this topic, or feel free to PM me if you've mined with this card or processor.
Thanks in advance for any tips/ info I can get related to this specific GPU or CPU for mining Monero.
Cheers!!!

Do not wait for someone to reply you, that card isn't much used in mining. Just start ccminer and start a benchmark.
Nikolaj
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September 09, 2016, 07:14:50 AM
 #13

Is it worth mining with a low to mid-end GPU currently?
I have a GTX 950 and I havn't found any good estimations on how much mining power this will provide.
My power costs are pretty high here in the US, state of Michigan. (About 0.11/kwh)

Would I be totally wasting my time/ money at this point?
My CPU is pretty old, came out in 2009 and even though its overclocked to 3.2Ghz, its pretty outdated as far as everything else goes:
http://www.cpu-world.com/CPUs/K10/AMD-Phenom%20II%20X3%20720%20Black%20Edition%20-%20HDZ720WFK3DGI%20(HDZ720WFGIBOX).html
AMD Phenom II X3 720 (BE)

I will check back on this topic, or feel free to PM me if you've mined with this card or processor.
Thanks in advance for any tips/ info I can get related to this specific GPU or CPU for mining Monero.
Cheers!!!

not

yes
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September 09, 2016, 07:19:20 AM
 #14

Hello,

i found in the web the following page

https://docs.google.com/spreadsheets/d/1MI-ic0Os25hgGUImW54sUIjZY_pUNQNa_W8Se5pRGBs/edit?pli=1#gid=0

It seems that a AMD Opteron has very good Hashrates can somebody confirm this?
Is mining with a CPU better than with a GPU?

Thank you very much.

Best regards

Zimbo

http://ETC.Coin-mining.net
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Tasmonid
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September 09, 2016, 08:07:58 AM
 #15

The other issue with Monero is that it's not a good coin to mine with GPUs in the first place - seems to be much more efficient to mine with good CPUs.

A low-end GPU like the R7 370 gets ~400H/s.  What CPU will give you the same performance?  A G1840 only gets ~30H/s, so I doubt even a new Core-i7 would do any better than the 370.


A Intel 3770 can get about 200H/s. It is lower than the R7 370, but it uses much less power. It consumes about 40W to do that.
vavan1974muz
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September 09, 2016, 08:31:22 AM
 #16

The other issue with Monero is that it's not a good coin to mine with GPUs in the first place - seems to be much more efficient to mine with good CPUs.

A low-end GPU like the R7 370 gets ~400H/s.  What CPU will give you the same performance?  A G1840 only gets ~30H/s, so I doubt even a new Core-i7 would do any better than the 370.


A Intel 3770 can get about 200H/s. It is lower than the R7 370, but it uses much less power. It consumes about 40W to do that.
The difficulty will go up and it'll be the same profitability as mining ETH.

NeuroticFish
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September 09, 2016, 09:13:46 AM
 #17

A Intel 3770 can get about 200H/s. It is lower than the R7 370, but it uses much less power. It consumes about 40W to do that.

But that means 0.05 XMR/day or less. Does that pay for the electricity?
And for the GPU mining.. did somebody do a profitability calculation? Because I doubt that everybody mines with free electricity.

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QuintLeo
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September 09, 2016, 10:06:25 AM
 #18


I have a GTX 950 and I havn't found any good estimations on how much mining power this will provide.


 I suppose I should try my pair on XMR sometime - they're only pulling about 10MH/s on ETH though that's at 75ish watts, which isn't bad for last-gen cards.



 Down side of the FX 8xxx and comparable Opterons that get higher hashrates is the power draw is also fairly high - comparable to most mid-range GPUs.
 Seems like Intel beats AMD hands-down on XMR mining, better AES-NI support or something.
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September 09, 2016, 10:33:57 AM
 #19

A Intel 3770 can get about 200H/s. It is lower than the R7 370, but it uses much less power. It consumes about 40W to do that.

But that means 0.05 XMR/day or less. Does that pay for the electricity?
And for the GPU mining.. did somebody do a profitability calculation? Because I doubt that everybody mines with free electricity.

But if you mine with 10 300 H/s ( 6xGPU) things are different:

Daily:
2.35088633 XMR
USD: 31.05 USD
Electricity: 3.12 USD
Pool Fees (1.5%): 0.47 USD
Profit: 27.47 USD

So:
Electricity: 0.13 USD/kWh (for 1000W) + Pool fees 1.5% will the profit is around 10 026 USD after a year.





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September 09, 2016, 10:46:21 AM
 #20

But if you mine with 10 300 H/s ( 6xGPU) things are different:

Daily:
2.35088633 XMR
USD: 31.05 USD
Electricity: 3.12 USD
Pool Fees (1.5%): 0.47 USD
Profit: 27.47 USD

So:
Electricity: 0.13 USD/kWh (for 1000W) + Pool fees 1.5% will the profit is around 10 026 USD after a year.

Very interesting numbers, thank you. I quoted them because I may need them in the future.
If these numbers are indeed real life numbers, then it looks very good and I'd expect even bigger profit since XMR is on the rise again.

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