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Author Topic: In two days i'm stopping GPU Mining !  (Read 6263 times)
Roland68 (OP)
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July 09, 2013, 09:03:26 AM
 #1

Due to the new difficulty coming in 2 days, my mining rig (3 x 5830) will cost more power as BTC revenue.

It will be cheaper buying the coins ...

for information:

Power consumption of the 3 cards 300 Wh ( about 35 euros / month)
With about 900 Mh I get (now!!!) 0.7 BTC /month = 60 euros *0.7 = 42 euros.

game over! Embarrassed
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July 09, 2013, 09:12:16 AM
 #2

why not just turn direct it at something more profitable..... like litecoin, if i had a GPU rig i would have done this ages ago.... people like you are contributing to the ever increasing difficulty by not moving on   Wink
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July 09, 2013, 09:31:18 AM
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I don't understand people mining bitcoin with gpu  Huh

Altcoins are 175% more profitable on average. Often reaching 200%.
Radacoin
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July 09, 2013, 10:19:21 AM
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I don't understand people mining bitcoin with gpu  Huh

Altcoins are 175% more profitable on average. Often reaching 200%.

When mining Bitcoin you can downclock your memory and save heaps of electricity. With scrypt coins you can't.

Pumpkin
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July 09, 2013, 10:21:09 AM
 #5

game over! Embarrassed

The game is not over! Bitcoin is not about mining! Mining is just there to secure the network.
Gordon Bleu
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July 09, 2013, 10:29:27 AM
 #6

If you got Time to point your Miner to the most profitable Coin, it still makes some sense
but you have to be up to Date with the newest Coins.

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July 09, 2013, 10:38:40 AM
 #7

Wise move...move on !    Cool

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July 09, 2013, 12:59:07 PM
 #8

I don't understand people mining bitcoin with gpu  Huh

Altcoins are 175% more profitable on average. Often reaching 200%.

When mining Bitcoin you can downclock your memory and save heaps of electricity. With scrypt coins you can't.



You can undervolt the same on SHA and scrypt
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July 09, 2013, 01:09:58 PM
 #9

You can undervolt the same on SHA and scrypt

But then your GPU overclock is very limited.

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Radacoin
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July 09, 2013, 01:29:02 PM
 #10

I don't understand people mining bitcoin with gpu  Huh

Altcoins are 175% more profitable on average. Often reaching 200%.

When mining Bitcoin you can downclock your memory and save heaps of electricity. With scrypt coins you can't.



You can undervolt the same on SHA and scrypt

Rubbish! With SHA-256 I can underclock my memory down to 150MHz. With scrypt I have to overclock to get good results.

Especially for you (dumbass): underclock allows undervolt. overclock ... not.
Nemo1024
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July 09, 2013, 03:14:17 PM
 #11

If you got Time to point your Miner to the most profitable Coin, it still makes some sense
but you have to be up to Date with the newest Coins.

May I suggest my front-end program, Crypto Miners in Tray: https://bitcointalk.org/index.php?topic=149442.0
It can check profitability data from CoinChoose.com and fire the most profitable miner in your configuration.

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“It is important to fight and fight again, and keep fighting, for only then can evil be kept at bay, though never quite eradicated.”
jamesc760
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July 09, 2013, 05:01:44 PM
 #12

I tried ltc mining for a week, mined about 8 litecoins, sent them to vircurex and exchanged to fiat. Problem is how do you get your money out. Also, yes theoretically you can make more money with altcoins but I didnt see it, during the 5 days of mining ltc.

Now, I am back to mining btc, much much better and more convertible even with monsterous difficulty and downward orice.
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July 09, 2013, 05:10:59 PM
 #13

I tried ltc mining for a week, mined about 8 litecoins, sent them to vircurex and exchanged to fiat. Problem is how do you get your money out. Also, yes theoretically you can make more money with altcoins but I didnt see it, during the 5 days of mining ltc.

Now, I am back to mining btc, much much better and more convertible even with monsterous difficulty and downward orice.

You can change litecoin into bitcoin and then send the bitcoins to your favorite exchange.

Bitcoin is backed by the full faith and credit of YouTube comments.
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July 09, 2013, 06:06:03 PM
Last edit: July 09, 2013, 09:29:20 PM by Nemo1024
 #14

Mining an equivalent of about 0.7 BTC per 10 day period, when converted from LTC (2.1 LTC per day). When I stopped mining BTC directly two weeks ago, I was getting only about 0.4BTC per 10 days.

“Dark times lie ahead of us and there will be a time when we must choose between what is easy and what is right.”
“We are only as strong as we are united, as weak as we are divided.”
“It is important to fight and fight again, and keep fighting, for only then can evil be kept at bay, though never quite eradicated.”
bitbryan
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July 09, 2013, 08:54:36 PM
 #15

good for you buddy start bumpin it up!!!

"Life is a waterfall, we drink from the river then turn around and put up our walls"
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July 10, 2013, 04:34:35 AM
 #16

I tried ltc mining for a week, mined about 8 litecoins, sent them to vircurex and exchanged to fiat. Problem is how do you get your money out. Also, yes theoretically you can make more money with altcoins but I didnt see it, during the 5 days of mining ltc.

Now, I am back to mining btc, much much better and more convertible even with monsterous difficulty and downward orice.

You could always exchange them for BTC, then sell them locally on LocalBitcoins.com.

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July 10, 2013, 09:05:32 AM
 #17

I don't understand people mining bitcoin with gpu  Huh

Altcoins are 175% more profitable on average. Often reaching 200%.

When mining Bitcoin you can downclock your memory and save heaps of electricity. With scrypt coins you can't.



You can undervolt the same on SHA and scrypt





What is wrong with you ?

The main factor to reduce energy consumption is undervolting the core voltage. The core clock and the memory clock are something else.
Almost the same settings can be used concerning core voltage and core clock for SHA and scrypt. Only scrypt need much more memory clock.

You can undervolt AND overclock = reduce consumption while increasing hashrate. It is a matter of balance and testing.

Moreover, it doesn't matter that you increase energy consumption if your gain from mining altcoin is much higher.

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July 10, 2013, 04:24:06 PM
 #18



You guys are talking about two different things, and acting like their the same.

BTC can underclock the RAM, while LTC needs high RAM speeds. This is known. However, this has nothing to do with undervolting, as no one I know of undervolts their RAM. I think only a few handful of GPUs can even do it.

For undervolting, we're almost exclusively talking about core (engine) speed. The lower a core speed, the lower it can be undervolted. BTC mining needs a high core speed, so usually undervolting is out of the question if you're going for max OC for performance. You can sacrifice performance by lowering your Core clock and undervolting, which is what most people do at this point I think.

LTC can actually get away with a lower engine clock, IIRC, as it's the relationship between the core and mem that matters most, not the highest clock you can get. If you can get away with a slightly lower clock and still get max performance, you could prolly undervolt and save some power. However, the increased RAM speed will add a significant temp/power increase that isn't negligible.

Now kiss and make up.

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glon
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July 10, 2013, 06:24:06 PM
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You guys are talking about two different things, and acting like their the same.

BTC can underclock the RAM, while LTC needs high RAM speeds. This is known. However, this has nothing to do with undervolting, as no one I know of undervolts their RAM. I think only a few handful of GPUs can even do it.

For undervolting, we're almost exclusively talking about core (engine) speed. The lower a core speed, the lower it can be undervolted. BTC mining needs a high core speed, so usually undervolting is out of the question if you're going for max OC for performance. You can sacrifice performance by lowering your Core clock and undervolting, which is what most people do at this point I think.

LTC can actually get away with a lower engine clock, IIRC, as it's the relationship between the core and mem that matters most, not the highest clock you can get. If you can get away with a slightly lower clock and still get max performance, you could prolly undervolt and save some power. However, the increased RAM speed will add a significant temp/power increase that isn't negligible.

Now kiss and make up.

Does under/overvolting have any significant impact on the power consumption of a GPU mining rig, anyway?
bitbryan
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July 10, 2013, 09:48:18 PM
 #20

did you stop? Huh

"Life is a waterfall, we drink from the river then turn around and put up our walls"
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