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Author Topic: Want to Start Mining, Where, How and What is needed [Where to start][April 2017]  (Read 383 times)
ivanst776
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April 04, 2017, 08:03:16 PM
 #1

It's been a while since mining seems to be profitable and I'm wondering now to start mining (even though it is late)

My questions are:

1. - What to mine?
1. a) Does Ethereum worth mining? If now what alternative worth?

2. - What equipment are best values and that reached the ROI in a short period of time?

3. - I'm counting 0 cent for electricity just to estimate the profit, I'm thinking to buy graphic cards but is there anything better or any other alternative?

Btw it costs $0.09 per kwh.


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April 04, 2017, 10:17:07 PM
 #2

1) What to mine changes frequently. For gpu mining I recommend ETH if you have RX 480 and Zcash if you have GTX1070,80 etc.
2) RX480 has good ROI ATM for ETH mining. According to https://www.cryptocompare.com/mining/sapphire/radeon-rx-480-ethereum-mining/ it is 141 days, but you have better power cost and if you use a gpu with modified bios maybe roi will be better. But if ETH price/block reward drops and difficulty increases then ROI will be longer.

I use 6 gpu rx 480 rig and mining eth +dcr as dual mine and I'm pulling around 900-1000 watts from wall.
3) You may consider buying ASIC miners but I have no idea if those would be better in terms of profit.
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April 06, 2017, 09:31:33 AM
 #3

1) What to mine changes frequently. For gpu mining I recommend ETH if you have RX 480 and Zcash if you have GTX1070,80 etc.
2) RX480 has good ROI ATM for ETH mining. According to https://www.cryptocompare.com/mining/sapphire/radeon-rx-480-ethereum-mining/ it is 141 days, but you have better power cost and if you use a gpu with modified bios maybe roi will be better. But if ETH price/block reward drops and difficulty increases then ROI will be longer.

I use 6 gpu rx 480 rig and mining eth +dcr as dual mine and I'm pulling around 900-1000 watts from wall.
3) You may consider buying ASIC miners but I have no idea if those would be better in terms of profit.

I'm thinking to purchase multiple RX 480 but I'm seeing that RX 470 has a better ROI time (reaching it faster)

What I'm wondering more is about what coin to mine, I think only Ethereum but how do you dual mine? Does it dedicate all hash power to both coins or it is split into both of them equally?


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