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Psicorman (OP)
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September 28, 2018, 11:43:50 PM
 #1

Hi,

Just wanted to say Hello as i have just joined, i am a very new miner, very basic setup and looking to expand, wanting to listen and see what other people do and use.

My current set up is

1 x Gtx 970
2 x Gtx 1050Ti
1 x Gtx 1080 TI

Been using Nicehash to get me in to mining but now im looking at using Simple Mining once i buy more stock

Regards

Psi
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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September 29, 2018, 12:16:57 AM
Merited by bitmover (1)
 #2

firstly your set up is not good for bitcoin mining. you might want to look into mining altcoins.
also the "cloud mining" services are most likely scams so try to get your funds out of them as soon as you can without reinvesting.

no one has used graphics cards for bitcoin mining in about 4 years.
these days its ASIC hardware which uses the same electric usage just 2 PC power supplies

a bitcoin ASIC miner would perform 14,000gigahashs (14million megahash). but your GPU's are only performing a few dozen megahash at most each

EG
your 1080Ti only does 32mh/s
a bitcoin asic does 14,000,000megahash

so yea best to use your graphics cards altcoin mining as you wont get much bitcoin mining

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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