[XMR] Monero Mining

[c789]

Is there asic miners for monero?

No. CPU and GPU.

Are you sure? Why there is so huge jump in difficulty?

Could be due to a number of things: 1. Minergate (not recommended) mines many coins and has a feature where it automatically switches miners to mine the most profitable coin at the time. This can result in quick swings.
2. People are realizing that Monero is the best privacy coin available, has actual real-world use now, is undervalued, has many more good features in development (Kovri is releasing soon), the planned hard fork is coming up in a few hours which will decrease fees...that all adds up to increased demand.

[1713878599]

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[1713878599]

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[1713878599]

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[1713878599]

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[owlcatz]

Is there asic miners for monero?

No. CPU and GPU.

Are you sure? Why there is so huge jump in difficulty?

Could be due to a number of things: 1. Minergate (not recommended) mines many coins and has a feature where it automatically switches miners to mine the most profitable coin at the time. This can result in quick swings.
2. People are realizing that Monero is the best privacy coin available, has actual real-world use now, is undervalued, has many more good features in development (Kovri is releasing soon), the planned hard fork is coming up in a few hours which will decrease fees...that all adds up to increased demand.

Wow.. Minergate currently has 49.7% of the hashrate according to this https://monerohash.com/#network

I wonder what that looked like a few weeks back?

[retal]

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[Mattthev]

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Why this pool says network hasrate is 150MH/s? It's doubled what it actually is.

[Branduardi]

Try looking at nicehash.com

[stna1981]

If I want to start mining XMR now with a 3 GPU system, what would be your suggestion? The card should be energy efficient, but also produce reasonaböe hash rate.
Had a RX570 here for testing, it did not even 500 at stock, power consumption was >100W. A GTX 1060 would consume less power, what hash rate can be expected?

[owlcatz]

If I want to start mining XMR now with a 3 GPU system, what would be your suggestion? The card should be energy efficient, but also produce reasonaböe hash rate.
Had a RX570 here for testing, it did not even 500 at stock, power consumption was >100W. A GTX 1060 would consume less power, what hash rate can be expected?

I have 2 RX480's giving me 1224 H/s... Depending on the current hashrate, I typically net .5 XMR per week.. all good with me!

[Mattthev]

If I want to start mining XMR now with a 3 GPU system, what would be your suggestion? The card should be energy efficient, but also produce reasonaböe hash rate.
Had a RX570 here for testing, it did not even 500 at stock, power consumption was >100W. A GTX 1060 would consume less power, what hash rate can be expected?

I have 2 RX480's giving me 1224 H/s... Depending on the current hashrate, I typically net .5 XMR per week.. all good with me!

What miner you use? That's very low.

[owlcatz]

If I want to start mining XMR now with a 3 GPU system, what would be your suggestion? The card should be energy efficient, but also produce reasonaböe hash rate.
Had a RX570 here for testing, it did not even 500 at stock, power consumption was >100W. A GTX 1060 would consume less power, what hash rate can be expected?

I have 2 RX480's giving me 1224 H/s... Depending on the current hashrate, I typically net .5 XMR per week.. all good with me!

What miner you use? That's very low.

Claymore on windows 10.. i'm also using one of them for active use - mostly just youtube vids so one does better than the other.

[stna1981]

Can someone tell whether the 3GB version of the GTX1060 performs similar to the 6GB version in XMR? Currently I get 530 H/s @ 40W out of my overclocked GTX 1060 6GB, is the same possible with the smaller brother? Performance seems only to be dependant on the memory clock, not on the cores, so the fewer cores should not matter?

[Mattthev]

Can someone tell whether the 3GB version of the GTX1060 performs similar to the 6GB version in XMR? Currently I get 530 H/s @ 40W out of my overclocked GTX 1060 6GB, is the same possible with the smaller brother? Performance seems only to be dependant on the memory clock, not on the cores, so the fewer cores should not matter?

Maybe 6GB has better timing? But generally for XMR doen't matter if you have 3GB or 6GB, same for AMD 4 or 8GB. Core clocks matter.

[buffy007]

Hi Guys,

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Thanks for feedbacks.

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Download (google play store):
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[Gouido]

Hi all, I've seen a couple posts about mining on AWS, I am also setting that up, do you guys have any recommendations? Looking at the most profitable options of course. I have free credits from a startup accelerator so costs don't matter, only max returns!

Also, I hear you can connect multiple instances to combine power? No idea how this works, would someone be so kind to enlighten me about this?

Cheers yall, hope to hear from you soon!

[xs.over]

Hi all, I've seen a couple posts about mining on AWS, I am also setting that up, do you guys have any recommendations? Looking at the most profitable options of course. I have free credits from a startup accelerator so costs don't matter, only max returns!

Also, I hear you can connect multiple instances to combine power? No idea how this works, would someone be so kind to enlighten me about this?

Cheers yall, hope to hear from you soon!

AWS thieves, please f*k off from monero. You and other shitty botnets are already increased difficulty on 50% just in one month  f*g fa*ts

[Gouido]

Hey hey I'm not a thief. I work for a startup and we received free credits by participating to an accelerator program. I was just curious about what I can do with it related to crypto mining.

I was just asking for help.. no need to get aggressive.. I was even ready to give a small reward if things work out well for us. But I guess I'm not welcome here..

[owlcatz]

AWS thieves, please f*k off from monero. You and other shitty botnets are already increased difficulty on 50% just in one month   f*g fa*ts

Hey, not to be a dick or anything, but I'm pretty sure the hashrate has increased not because of AWS or botnets, and probably more because people are now buying shit-tons of GPU's to mine crypto with - See this: http://fortune.com/2017/07/26/amd-stock/

Hey hey I'm not a thief. I work for a startup and we received free credits by participating to an accelerator program. I was just curious about what I can do with it related to crypto mining.

I was just asking for help.. no need to get aggressive.. I was even ready to give a small reward if things work out well for us. But I guess I'm not welcome here..

It's not worth it anymore, the hashrate is too high, and if they find you mining, they will steal your all of your credits and will not answer why. Don't bother, use the credits for other stuff and just buy some AMD GPU's instead. I've been using just a couple radeons the past few years and have mined close to a thousand of them. Granted, I started quite early and have always mined xmr just because I'm lazy and it's easier than constantly finding the most profitable coin at the time. Sure, I probably "lost" money at times, but then again, not really since XMR has risen so much. Good luck, but just sharing my experience with AWS - I just use it for linux stuff not related to mining.

[astronyu]

Hi, anyone here mine monero using xmrminer?
Just wondering where can I get its full manual. How can I set it to mine only on 1 of my GPU? Say GPU#4.

[QuintLeo]

Can someone tell whether the 3GB version of the GTX1060 performs similar to the 6GB version in XMR? Currently I get 530 H/s @ 40W out of my overclocked GTX 1060 6GB, is the same possible with the smaller brother? Performance seems only to be dependant on the memory clock, not on the cores, so the fewer cores should not matter?

Maybe 6GB has better timing? But generally for XMR doen't matter if you have 3GB or 6GB, same for AMD 4 or 8GB. Core clocks matter.

 The "3GB" 1060 does not use the same GPU as the "6GB" 1060 - has a few less cores (768 vs 896 I think, might be 896 vs 1024), so it probably WILL perform a little lower on Monero.

 IMO Nvidia should be facing a fraud lawsuit over their naming of the "3GB 1060".


 AWS is very "negative' on cryptocoin mining on their servers (Azure and Google Cloud are about as negative) - they WILL shut your account down with no credit issued if they catch you at it, and they have the legal right to do so as a "contract violation".

 As far as Monero hashrate jump the last month - I'd bet on it being folks that moved over from OTHER cryptocoins due to the price spike that briefly put Monero ahead of most other coins for mining with MOST GPUs - no need for no botnets, just the long-standing tendancy of many cryptocoin miners to "chase the most profitable coin of the day or hour".

 I am pretty sure at least a couple of the "multi-aggro pools" like Suprnova support Cryptonight mining as well as Nicehash, which would also account for some of the extra hashrate.

[JamesAdams]

Does anyone have an idea why the hashrate spiked like crazy now? It was at 30MH/s at around May IIRC and now its 200+ MH/s already? Sounds very suspicious, could it be botnets?

[M5M400]

Does anyone have an idea why the hashrate spiked like crazy now? It was at 30MH/s at around May IIRC and now its 200+ MH/s already? Sounds very suspicious, could it be botnets?

Hashrate in May was ~60MH, not 30. Botnets have been around for ages now mining XMR. No, the current spike is just GPU miners swapping over from ETH etc. because the price shot from 40$ to 140$ in the past few weeks...