RVN GPU ROI Mining Analysis - (Updated)

[naska21]

Sound analysis indeed, but it's time consuming to be diligent in monitoring and controlling profitable coins to mine. I am preferring to mine on multipools with algo auto-switching my equipment to such coins.

[Piskeante]

yes, let's invest thousands of dollars to get 5 dolars a day after electricity bill. Let's do it!!!


Are you F. kidding???

[P00P135]

yes, let's invest thousands of dollars to get 5 dolars a day after electricity bill. Let's do it!!!


Are you F. kidding???

Im glad there are so many people like you that have no idea how to make money mining 

[WickedPigeon]

The prices for GPU's have stayed steady this week. With the exception of the 1660 which is ~$10 cheaper. As always, there are sales and used/B-stock that offer better deals. But this week saw weaker Crypto prices, so the analysis shows that Payoff is taking longer.



Happy Mining!

[WickedPigeon]

yes, let's invest thousands of dollars to get 5 dolars a day after electricity bill. Let's do it!!!


Are you F. kidding???

No - not kidding.

The rate of return on Mining reflects the new asset class, risk and volatility. Today's 32% ROI will fluctuate, going negative or positive by 100's of %.
Mining isn't for everyone. Some are better off buying/investing/trading or just walking away.

For me, I've done well. I've built a small hobby farm in my basement. I continue to grow it. My strategy is to take my monthly earnings, pay my electric bill, keep some of the "spec" coins that I have mined, and sell some mined coins for BTC or ETH. If I'm lucky and earn a little extra cash, I add a card or two.

And if the world of bolckchain goes as I expect it will, I'll tell my grandkids,"Don't touch Grampa's Lambo." (Grand Kids are like 20years out for me)  : )

Of course you shouldn't invest in things you don't understand nor risk money you can't afford to lose.  And you're tag line;"BTC no more than 6k by end of 2019" would mean that BTC's return from 12/31/18 to your assumed "6k" would be a 57% return in 2019. Nice....

[mak013]

The prices for GPU's have stayed steady this week. With the exception of the 1660 which is ~$10 cheaper. As always, there are sales and used/B-stock that offer better deals. But this week saw weaker Crypto prices, so the analysis shows that Payoff is taking longer.

Happy Mining!

It seems that 2060 becomes a leader. Why its hashes grow up? New miner or this is because x16r changing algos?
And at annual return it leads with big break.

[EdvinZ]

Very nice comparison. Thanks for sharing, it can spare a lot of time for someone looking to buy a new/older generation Nvidia card and try mining. I see you've included also one of the GPUs I'm considering to buy (1660 Ti). RVN is definitely a standard nowadays to make benchmarks in the alt arena.

Thanks,
I've been told that the 1660 is as good as the 166TI for mining, but I don't have any RVN hash rates for it yet. I own a 1660TI and it's just like a 1070 with a lot less power consumption. I'm also waiting to see what the 1650 can produce too.

Your 1660 ti is more effective for mining than 1660, because its performance for the X16R algorithm is higher. Mh/s performance of this video card is higher for other algorithms as well.

[GhostWithin]

Very nice comparison. Thanks for sharing, it can spare a lot of time for someone looking to buy a new/older generation Nvidia card and try mining. I see you've included also one of the GPUs I'm considering to buy (1660 Ti). RVN is definitely a standard nowadays to make benchmarks in the alt arena.

Thanks,
I've been told that the 1660 is as good as the 166TI for mining, but I don't have any RVN hash rates for it yet. I own a 1660TI and it's just like a 1070 with a lot less power consumption. I'm also waiting to see what the 1650 can produce too.

Your 1660 ti is more effective for mining than 1660, because its performance for the X16R algorithm is higher. Mh/s performance of this video card is higher for other algorithms as well.

This is due to two factors:
1) 1660 Ti has 256 cores more than 1660. And the X16r algorithm heavily loads the graphics processor.
2) 1660 Ti uses GDDR6 instead GDDR5

It looks like a new workhorse has appeared 

[dragonmike]

Nice little comparison you did there, thanks for sharing.

Would you be able to share the actual spreadsheet? I'd love to run my own figures with prices here across the pond and different electricity rates.

[shiming]

Very good, simple and clear expression of various computing power, very suitable for novice research, choose the right tool according to their own needs, but lack of electricity cost calculation. Looking forward to perfection.

[WickedPigeon]

Very good, simple and clear expression of various computing power, very suitable for novice research, choose the right tool according to their own needs, but lack of electricity cost calculation. Looking forward to perfection.

What do mean? Is there something else besides $/Kwh that you use to measure electricity? What else are you thinking to improve the worksheet?
Thanks

[evenotto]

Excellent review and sampling in the table, thanks
Encourages me to explore the question of mining this coin further.

[asriloni]

Very good, simple and clear expression of various computing power, very suitable for novice research, choose the right tool according to their own needs, but lack of electricity cost calculation. Looking forward to perfection.

What do mean? Is there something else besides $/Kwh that you use to measure electricity? What else are you thinking to improve the worksheet?
Thanks
Bill

He was arguing why there was no a calculation to the electricity and I guess it seems he didn't understand about what have you mentioned above.

Kwh is used to measure the electricity and that's not a big problem at all. He just can't understand your post correctly.

[whiteblue]

Excellent review and sampling in the table, thanks
Encourages me to explore the question of mining this coin further.

if you are still mining then this forum can be all the answers to your questions, do not be shy to ask because if you do not ask it will make you confused doing better and more profitable mining.

[WickedPigeon]

Friday update:
I've updated the Hash rates on the 1660 and the 1660TI based on Fullzero's post.

[mak013]

I put 1660ti and a 1660 on a single rig to compare them.  These are the results:

Thx. It looks like that 1660ti may be little better that 1660 just at few algos. The most ASIC resist algos x16r(t) would be the same. So, if you plan is to work with changing algos 1660 is better choice.

Friday update:
I've updated the Hash rates on the 1660 and the 1660TI based on Fullzero's post.

Thx. 1660ti is going down being compared 2060 and 1660. Dont stop pls. It is interesting to see progress.

[rdewilde]

You did well with the analysis I must say. A little research I made about RVN mining I realized it is more profitable to mine, but I also think electricity has a big role to play in mining as it affects profits. Nevertheless, thanks for the analysis I will check more.

[irixo10]

This is a really nice analysis perfect for beginners.
Being that I like trying new things, I think I would like to venture in this, as I realized it uses x16R Algorithm and also ASIC resistant, thus one of the reasons RVN has became popular and valuable.

[profitgenerator212]

Thank you for the time put into the analysis. I can deduct that 1660ti is a little better that 1660 and the best choice compared to harsh rate and return. With three 1660ti miners which is far cheaper I can produce more RVN than 2080ti per day

[giletto]

I believe the first step to take in mining is solving electricity issues, the next is choosing the right effective miner which would be the 1660ti miner.  Hopefully X16r algorithm heavy loading won't lag the graphics processor needed for optimum job