Monero GPU mining, is it worth it?

[darklus123]

I was always been hesitant in terms of mining bitcoin because I only uses my gpu for mining.

Tho recently I have discovered that monero can be easily mined using gpu than other coins since it does not used ASIC.

I just want to learn more about it if it would really be beneficial in my end.

Here is my current cpu spec.
8gb ram
i3 7th gen processor
1050ti gpu.


Base on your estimation how much monero coin can I mine for that specs per day


Disregard the current cost for electricity for i will be gathering more infos about it in my place.

[philipma1957]

I was always been hesitant in terms of mining bitcoin because I only uses my gpu for mining.

Tho recently I have discovered that monero can be easily mined using gpu than other coins since it does not used ASIC.

I just want to learn more about it if it would really be beneficial in my end.

Here is my current cpu spec.
8gb ram
i3 7th gen processor
1050ti gpu.


Base on your estimation how much monero coin can I mine for that specs per day


Disregard the current cost for electricity for i will be gathering more infos about it in my place.

under 1 usd worth of monero

https://www.nicehash.com/miner/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje

this is doing 670 mhs which is 39 cents

it will bounce to 2x that about 1340 mhs  which is 78 cents.

It fluxes and the average is 65-70

it is a thread ripper cpu about 800
2 1050ti's                     about 440 as I down clock
1 rx 560                       about 270
so when  really clicking I get close to 1500  and 99 cents                 

you will be doing 150 on the cpu and 300 on the gpu = 450 say 26 cents a day  and that is at best.

[darklus123]

@philips
Shocks, I have to understand more about your computation. Did you compute based on my specs or yours since you have stated that you used 2 1050ti's

What certain site or tools where you mine monero?

EDITED: I kinda get what are you talking about so basically i will be getting less than 1usd per day for 24hrs of mining using that spec right?

[DevelopmentBank]

@philips
Shocks, I have to understand more about your computation. Did you compute based on my specs or yours since you have stated that you used 2 1050ti's

What certain site or tools where you mine monero?

EDITED: I kinda get what are you talking about so basically i will be getting less than 1usd per day for 24hrs of mining using that spec right?

Are you for real or are you just spamming your signature? I'll give you the benefit of the doubt but you gotta be pretty stupid to not see what staring you right in the face. You should really try and use google to search for answers to basic questions. One has no business mining if one can't do research because making a profit from mining requires diligent research. You can't just ask everything on a forum and expect good profits if any at all.

[darklus123]

@philips
Shocks, I have to understand more about your computation. Did you compute based on my specs or yours since you have stated that you used 2 1050ti's

What certain site or tools where you mine monero?

EDITED: I kinda get what are you talking about so basically i will be getting less than 1usd per day for 24hrs of mining using that spec right?

Are you for real or are you just spamming your signature? I'll give you the benefit of the doubt but you gotta be pretty stupid to not see what staring you right in the face. You should really try and use google to search for answers to basic questions. One has no business mining if one can't do research because making a profit from mining requires diligent research. You can't just ask everything on a forum and expect good profits if any at all.

If you can't give an answer then just shutup. I do my research of course. Plus don't reply to a topic if you don't have something to contribute. If you have a problem with me then go to the right board.

Looks who is trolling around here just to keep his Ico shitcoin seen.

I was also given a decent answer with the guy above that helps me more than your trolling does.

If you think that google have all the right answer then you are more stupid. Whats the sole purpose of having a forum for us to discuss pretty smart you are right?

If you think that being a savage can make you look smart then you really are pretty stupid

Asking is a part of my research it isn't it obvious? Plus i would rather get the real info from a real miner than reading an article from whoever bloggers that can be found in googling who actually doesn't have an idea what they are actually saying.

[lukeburchill]

calm down, bud 

The atmosphere in mining (altcoins) isn't the same as Meta.

You ask something that has been discussed a lot, your question above is like the Merit question in Meta like this:

• How to get Merit
• The tips for getting Merit
• etc.

There are several things that can affect profits:

• Type/series your device, you can jump to whattomine
• Hashrate generated from your device then comparing with the Network/diff of coin that you will be mining.
• The electricity and internet costs.

[0ethereum0]

calm down, bud 

The atmosphere in mining (altcoins) isn't the same as Meta.

You ask something that has been discussed a lot, your question above is like the Merit question in Meta like this:

• How to get Merit
• The tips for getting Merit
• etc.

There are several things that can affect profits:

• Type/series your device, you can jump to whattomine
• Hashrate generated from your device then comparing with the Network/diff of coin that you will be mining.
• The electricity and internet costs.

I read somewhere that whattomine.com is not accurated. I dont know if it is thrue.
If I was you I would mine something else then XMR. The profit sucks. I mined XMR also but there were minimal profits.
You can take the topic What coins are CPU  minable. If it is CPU minable it is also good with the GPU.
You can take a look at: Nimiq and Credits. There are more coins that you can minable with your CPU/GPU. But that will do some research.

[lukeburchill]

yes, whattomine doesn't guarantee 100% accurate (only e.x)

I have never mined monero for 7 months, so far I only mine (ETH, ETC) sometimes SoloMining Shitcoin with my rig (RX series: 480,580) and R9 series

[philipma1957]

My xmr rig

https://www.nicehash.com/miner/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje

1 ryzen thread ripper 1920x
2 1050ti's
1 rx 560


about 1500 hash  I burn 240 watts to earn about  1.15 a day  at 10 cent power  that is about 57 to 60 cents in power cost  net 58 cents

 my rig  cost more then 1500 usd  do the math  close to 3000 days to pay itself off.

but it is paid off  when times were good.

So for me it pays to make the 58 cents profit



1 1050ti  about 300 hash
1 i7 cpu  about 150 hash

450 total hash

and you will spend  close to 80 -110 watts  or 20 to 30 cents in power  earning 37 cents  so 7 to 17 cents profit  but profit none the less.  Since you own the gear.


I also use my threadripper to develop gear.

I am running a fpga  some videos.

https://www.youtube.com/watch?v=Yle13b1kgWo&lc=z23etrlgxmmwgf3tqacdp430p5j21bb2e1d3ovmwgx1w03c010c


https://www.youtube.com/watch?v=_bet2aRAhvw


so the rig is making 50 cents but allows for testing other gear.

[lukeburchill]

I am more interested in seeing your FPGA, I am very curious about this device, unfortunately not enough money to buy it

[FloppyPurpleGherkin]

nVidia cards for CN7... and on Nicehash... lol!

All kinds of wrong.

[darklus123]

~

I get it, I just wanted to create a much latest conversation with regards to monero mining since I have seen some threads which is actually not updated.
I will definitely try your second suggestion

~

Great I was just starting today by the way what miner are you using the xmr stack? Just started mining today using my cpu

currently has a power of 65h/s

nVidia cards for CN7... and on Nicehash... lol!

All kinds of wrong.

What makes it wrong by the way?

[lukeburchill]

nVidia cards for CN7... and on Nicehash... lol!

All kinds of wrong.

What makes it wrong by the way?

it means on every type/series of GPUs has advantages/disadvantages to some algorithm of coins. such as AMD series almost all excellent in EThash algo and NVIDIA excellent in Equihash algo. So he/she considers that 1050ti is not suitable for CN7 and NH often referred to as automatic coin switches.

[spirali]

I was always been hesitant in terms of mining bitcoin because I only uses my gpu for mining.

Tho recently I have discovered that monero can be easily mined using gpu than other coins since it does not used ASIC.

I just want to learn more about it if it would really be beneficial in my end.

Here is my current cpu spec.
8gb ram
i3 7th gen processor
1050ti gpu.


Base on your estimation how much monero coin can I mine for that specs per day


Disregard the current cost for electricity for i will be gathering more infos about it in my place.

Here is the exact estimation of whattomine based on your exact specs (1x 1050ti) and a KW/H @ $0.10. By experience, you need to lower the estimation by ~15% (downtime, pool fee, miner fee, ...) and in your case, you will earn even less because you are powering "unnecessary accessories" (CPU, motherboard, ...) for only 1 GPU. So it won't make you rich anytime soon but don't give on the idea, mining will help you better understand another face of this crazy crypto world.

[darklus123]

Here is the exact estimation of whattomine based on your exact specs (1x 1050ti) and a KW/H @ $0.10. By experience, you need to lower the estimation by ~15% (downtime, pool fee, miner fee, ...) and in your case, you will earn even less because you are powering "unnecessary accessories" (CPU, motherboard, ...) for only 1 GPU. So it won't make you rich anytime soon but don't give on the idea, mining will help you better understand another face of this crazy crypto world.

I think i just have to utilize my cpu power as well to mine monero on its current power (65h/s). Then try to run my gpu to mine other coins like bitcoingold


Is that even possible to mine 2 coins at the same time?

it means on every type/series of GPUs has advantages/disadvantages to some algorithm of coins. such as AMD series almost all excellent in EThash algo and NVIDIA excellent in Equihash algo. So he/she considers that 1050ti is not suitable for CN7 and NH often referred to as automatic coin switches.

I see hmm, i started researching to what equihash coin best to mine and it seems that bitcoin is the best one. Or do you have any suggestions?

[gotminer]

Here is the exact estimation of whattomine based on your exact specs (1x 1050ti) and a KW/H @ $0.10. By experience, you need to lower the estimation by ~15% (downtime, pool fee, miner fee, ...) and in your case, you will earn even less because you are powering "unnecessary accessories" (CPU, motherboard, ...) for only 1 GPU. So it won't make you rich anytime soon but don't give on the idea, mining will help you better understand another face of this crazy crypto world.

I think i just have to utilize my cpu power as well to mine monero on its current power (65h/s). Then try to run my gpu to mine other coins like bitcoingold


Is that even possible to mine 2 coins at the same time?

it means on every type/series of GPUs has advantages/disadvantages to some algorithm of coins. such as AMD series almost all excellent in EThash algo and NVIDIA excellent in Equihash algo. So he/she considers that 1050ti is not suitable for CN7 and NH often referred to as automatic coin switches.

I see hmm, i started researching to what equihash coin best to mine and it seems that bitcoin is the best one. Or do you have any suggestions?

Don't care about either of your ICO promo's ... Never heard of either of those shitcoins.  Still don't care.  If you think btc is an equihash coin, why did you ever invest your money in a losing ICO? Lol    Just keep investing in ICO's my friend ... Lol.

[philipma1957]

nVidia cards for CN7... and on Nicehash... lol!

All kinds of wrong.

What makes it wrong by the way?

it means on every type/series of GPUs has advantages/disadvantages to some algorithm of coins. such as AMD series almost all excellent in EThash algo and NVIDIA excellent in Equihash algo. So he/she considers that 1050ti is not suitable for CN7 and NH often referred to as automatic coin switches.

except mine are locked into  1 algo cn7


i don't use switching option.

and I use xmr  from GitHub to mine I point at nicehash for now.

As that rig is paid off and will soon be changed around. As it is a developmental rig.

FloppyPurpleGherkin  looks  at coins in a different manner then I do.

We use different styles to mine for a profit.

Yes  here is a different rig mining eth and cn7

https://www.nicehash.com/miner/146UJM5kgzLVUV23CXCf33KQKHckoX1gx3

this has 3 1080ti's they mine eth


a ryzen 2700 cpu it mines   cn7

this rig earns 4 a day  power is 600 watts  or 15k-watts at 10 cents that is 1.50   so it profits 2.50 a day

it cost more then 2500 usd to build  do the math it would take more then 1000 days to pay off


 but it is paid off from when times were good.  so I take the 2.50 a day.

I also mine btg and hodl it I have about 16 coins I earn about .333 coins a day  which is around 7 dollars

I spend about  36kwatts a day to mine them  or 3.60  my long term is  to mine 100 coins and hodl I make about 3.40 usd a day on this coin.

So I am earning under 7 dollars a day on my gpus.

I was earning more then 400 a day  last december.

[aneukpidie]

Monero is one of the few cryptocurrency that can still be mined using a CPU; however, the GPU can provide significant and often more valuable performance improvements.
GPU mining on Linux vs. Windows and Mac
Windows has excellent support for Nvidia and AMD GPUs. Drivers are available, configuration software works fine, and overclocking is quite simple. Mining using Windows with GPU is an excellent choice with purchased Windows licenses, experience in the Windows environment, and the availability of GUI-based settings.

Mac also has strong support for Nvidia and AMD GPUs. Hardware is often more expensive, but if it is available, it can be easily remade to mine Monero.

[ikicha]

Yahh ROI 600 days, but your gpu dead after 200 days

[jillscarbrough]

~

do you understand what the purpose of OP is?
OP and some of the members above aren't talking about the OS being used although what your explained is make sense. Please stay on the right track.