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Author Topic: Wallet and mining computer?  (Read 111 times)
Vidicz (OP)
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March 07, 2018, 09:46:41 PM
 #1

Hi.

I plan to buy a new computer that I will use during the day for some office work and some very amateur picture and video editing. I also plan to put some wallets on that computer.

Since the computer I was looking at has a GTX 1050 TI graphic card I was thinking more for fun then for any real profit to add another graphic card and start mining over night since computer is turned on most of the time and maybe one day the coins I mine will 10x and it will be profitable Smiley

My question however is this safe to do? Do some mining on the same computer that I will have wallets on?

Thank you for your help
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kk80586
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March 07, 2018, 11:04:45 PM
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I would keep the wallets separate. Or move the bulk of your coins to another computer with wallets on and just mine into the wallets on the new computer. Also think about paper wallets or hardware wallets.

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artem.klimovich
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March 07, 2018, 11:17:06 PM
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If you are going to mining on them then take the following cards:

AMD Radeon RX 470,
AMD Radeon RX 480,
AMD Radeon RX 580,
Nvidia Geforce GTX 1060,
Nvidia Geforce GTX 1070,
Nvidia Geforce GTX 1080,
AMD Fury X.

GPU                      Payback
Radeon RX 470   -  183 day.
 Radeon RX 480    -  193 day
Geforce GTX 1060 - 193 day
Geforce GTX 1070 - 185 day
 Radeon Fury X  -    278 day


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Swinging Phallus
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March 07, 2018, 11:26:25 PM
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If you are going to mining on them then take the following cards:

AMD Radeon RX 470,
AMD Radeon RX 480,
AMD Radeon RX 580,
Nvidia Geforce GTX 1060,
Nvidia Geforce GTX 1070,
Nvidia Geforce GTX 1080,
AMD Fury X.

GPU                      Payback
Radeon RX 470   -  183 day.
 Radeon RX 480    -  193 day
Geforce GTX 1060 - 193 day
Geforce GTX 1070 - 185 day
 Radeon Fury X  -    278 day




This is a bit arbitrary with the volatility of cryptocurrencies, it can change in the matter of days. Since you are doing it for fun that shouldnt matter anyways. You can use it on the same computer just be sure not to save the private keys anywhere on that pc, and make sure the mining software you are using is reputable and legitimate  - there shouldn't be any problems. Just know that if you are going to have an anti virus software on the PC is can collude with a LOT of functions of a mining rig - be sure to optimize the settings.
clarencewendle
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March 08, 2018, 03:14:41 AM
 #5

what about cpu mining? What is a good cpu mining computers?
DrakeDG
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March 08, 2018, 03:25:41 AM
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what about cpu mining? What is a good cpu mining computers?

CPU mining means mining from your computer using a graphics card. I think you can't profit just by mining through your CPU alone, although it is possible but its not economically possible, you'll just be wasting your time and electricity.
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March 08, 2018, 04:44:23 AM
 #7

I see now. ok thank you
nusa777
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March 08, 2018, 05:55:27 AM
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i think better you separate the mining and the wallet, if you put it together it will make you confused later

From my experience, I always separate the wallet and the "mining rig"
Vidicz (OP)
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March 08, 2018, 06:20:49 AM
 #9

Well since nano ledger S are hard to get right now I plan to store my main coins in wallets with the same computer that I will use sometimes for fun mining. I also have a mining rig 8xgtx 1060 6gb.

But my main concern is if it is dangerous to store crypto on the same computer that mines sometime. In other words am I more open to hacks if I mine sometimes with the computer that I have wallets on? Keep in mind I plan to move the coins to nano ledger as soon as I get them.

Thank you!
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March 08, 2018, 06:31:15 AM
 #10

My question however is this safe to do? Do some mining on the same computer that I will have wallets on?
As a miner myself, I never faced any issues for doing those (just make sure to back up everything [regarding wallets]).

CPU mining means mining from your computer using a graphics card.
That's GPU mining, not CPU.
 
i think better you separate the mining and the wallet, if you put it together it will make you confused later
Care to elaborate (highlighted part)?

In other words am I more open to hacks if I mine sometimes with the computer that I have wallets on? Keep in mind I plan to move the coins to nano ledger as soon as I get them.
As long as you're connected to the internet, there will always be a risk.

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Vidicz (OP)
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March 08, 2018, 07:53:26 PM
 #11

My question however is this safe to do? Do some mining on the same computer that I will have wallets on?
As a miner myself, I never faced any issues for doing those (just make sure to back up everything [regarding wallets]).

CPU mining means mining from your computer using a graphics card.
That's GPU mining, not CPU.
 
i think better you separate the mining and the wallet, if you put it together it will make you confused later
Care to elaborate (highlighted part)?

In other words am I more open to hacks if I mine sometimes with the computer that I have wallets on? Keep in mind I plan to move the coins to nano ledger as soon as I get them.
As long as you're connected to the internet, there will always be a risk.

Thank you for your answer. I know there will always be risk but now I see that there is no greater risk because mining is going on Smiley

Thanks again Smiley
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