NiceHash Miner.Most profitable and easy to use miner ...
Used Hardware and warranty
About the time video cards were becoming not competitive doing Bitcoin mining, Ebay filled up with cheap second hand cards as the miners unloaded their rigs to recover some of their investment and contemplate their ASIC future. These cards had been running flatout for months and were considered pretty sketchy hardware, so they went cheap. I went looking for a bargain, and bought a 280X for $150. Thing was, I bought an MSI, knowing that MSI supports warranty from the day of manufacture, and doesn't care who the owner was/is. Months later, running PVP WOW sessions at max quality it started bluescreening. I could run it fine if I dialed the quality back a step and frankly I couldn't tell the difference but it wasn't supposed to do that. No doubt it's prior life getting flogged as a Bitcoin slave hardened up some thermal interfaces. After verifying several times that I could induce a bluescreen at will just pushing up the settings and jumping into a 40 man PVP fight - off it went to the warranty doctor. Today I got a new one in the mail. :o) MSI is a great company.
this is the very basic for latecomer always doesn't understand. i keep seeing they insist on mining bitcoin with SHA256 ASIC, i know its fun, its fun to see you generate money out of thin air, but thats not how we do it today because SHA256 ASIC era are gone, its very expensive playing field right now, if you insist want to mine some bitcoin, you should start mining using GPU! why? lets calculate profitability of your SHA256 ASIC, and lets make it really easy by assuming some factor :
you have free electricty
your ASIC does not consume electricity
your ASIC shipping cost is free
you have ASIC right now in hour hand
you bought ASIC for 1BTC price (for this example, i will use ASICMiner Cube 38GH/s which price is 1BTC right now)
now go here you will see you will get 1 BTC in about 75 days right now (see the 2nd column from the rightmost), this value is not correct since it does not account for difficulty increase within 75 days, bitcoin difficulty are increasing about 35% in 2 weeks, thats about 70% per month, you will see the correct calculation is here which you will never get 1BTC within a year, and after 6 months your ASIC doesn't generate bitcoin anymore now lets compare it to GPU miner for Scrypt mining, which i use realistic assumption here
you dont have free electricity, you will pay 0.1$/KWH
your GPU rig consume constant max amount of electricity that it need 24/7
your GPU rig come with shipping cost
you have GPU rig in your hand right now
you bought GPU rig for 1 BTC ( its about 1000$, for this example i will use 2x AMD R9 280X which cost 800$ and will produce 1.6MH/s with cost about 750W/h )
now go here, you will see that on the most profitable coin (first row) you will get 1 bitcoin for about 30 days (its 45 days faster than SHA256 ASIC), how about difficulty increase within these period, this factor is not as scary as bitcoin, lets see difficulty chart for LTC here, you will see that the diff is up and down, by calculating the data history for 1 year, you will get that LTC difficulty increase is about 3% per month on average (this is 25x smaller than bitcoin difficulty change rate), so coinwarz data is not too much way off here by not take into account of difficulty increase TL;DR;
you get 3500% more profit mining scrypt altcoins using GPU than mining bitcoin using SHA256 ASIC, for same price of hardware.
mining using GPU are less risk because you can buy GPU rig anytime, anywhere, no pre-order.
you get 1BTC in 30 days for mining altcoin with GPU, compared to 300+ days for mining bitcoin with ASIC
note: this calculation are made in worst case scenario for GPU compared to best case scenario for bitcoin ASIC thats just prediction and calculation, things will go wrong right? lets see the report from my own GPU mining rigs here, see 2nd sheet (RIG1-Report), this is my earning report day to day in BTC (already running since december 2013), my rigs cost about 2000$ (this is 2nd hand 6x AMD 7970 for 4.2MH/s) and will ROI within 50 days from start if my calculation are correct
Old PC + upgrading essential components = Decent mining rig?
I'm considering getting into litecoin mining because, for one, I'm absolutely fascinated with crypto currencies, and because I missed out bitcoin mining. As a mining greenhorn, I've spent the past couple days lurking and absorbing the information and advice I come across. From what I'm reading around this subreddit, one thing has been hammered into my head-- "DON'T GO ALL IN. It's much smarter to make small hardware investments and use your profits to upgrade in smaller increments". After reading CPU poweRAM is negligible and one must be focused on GPU and PSU to be successful, I've been considering upgrading the PSU and GPU of my ancient Dimension 5100 and get some use out of it. Is this a good idea? Details on what I want to do is below: Current specs of the 5100: MotherboardChipset: Intel 945G ChipSet Supported Processor: Intel® Pentium® 4 Socket LGA775 5XXX and 6XXX processors with Hyper-Threading technology Memory - 4 Slots of 400-MHz and 533-MHz DDR2 unbuffered SDRAM - 4GB Max Total Expansion Capabilities - 2x PCI Slots - 1x PCI-e x1 - 1x PCI-e x16 Link for more info:http://www.discountelectronics.com/product?gclid=COG9sYOTjbsCFYlAMgodPBIAhA&product_id=2023&product_model=47 This has one PCI-e slot that I think I can throw an 280X into, but I'm worried about compatibility, since I think this is a PCI 2 slot. PSUDell 500W PSU This is going to get upgraded with a Cooler Master V700 - 700W, mainly because I don't trust that this thing is actually putting out 500W. http://www.newegg.com/Product/Product.aspx?Item=N82E16817171080 Am I saving money, or just bottlenecking myself? If I'm going to spend ~$500 on this stuff, and I'm not going to get results, I'll just go to option 2 which is build a machine from scratch, since I need a new gaming pc. Just curious of the opinions here. Thanks!
autodetect my hardware For Windows 64bit users only. or. Manual Selection. CPU, GPU & ASIC. ENTER HARDWARE MANUALLY. MINING ECOSYSTEM How does NiceHash work for you? Everyone can start mining without the need for deep technical knowledge about cryptocurrency mining. It is tailored for ease of use and features a very simple interface. When running, NiceHash Miner is connected to NiceHash ... Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. GPU and CPU Benchmarks for Monero Mining. RANDOMX BENCHMARKS FOR MONERO MINING! Monero Price: 132.49 $, 111 .91 €, BTC-XMR: 0.01009 - Time: 2020-Oct-25 15:20 America/New_York Looking for Cryptonight Benchmarks?: cryptonight.monerobenchmarks.info Windows 10 tuning guide for RandomX mining: REDDIT POST Most popular hardware on this: LIST. Home; Menu. HOW-TO Start Mining Monero; Mining ... Boost-Clock:1000 MHz; Max Auflösung:2560 x 1600; Core Clock:850 MHz ... Für den Einsatz in der Industrie und in Privathaushalten geeignet Geeignet für Bitcoin; Für jede Art von 16x-PCI-Express-Steckplatz geeignet, egal ob Server oder Desktop-PC . Asrock H61 Pro BTC Motherboard (DIMM, DDR3-SDRAM, Dual, Intel, PC, UEFI AMI LGA 1155) ATX Mainboard mit Sockel Intel 1155 für Intel Core i7/i5 ... 0,28 € pro KW/h = 2,89 € x 30 Tage = 86,7 € Stromkosten. Fazit: Eigentlich sind diese Zahlen schon erschreckend genug, es zeigt zwar das man durchaus noch profitabel in Deutschland Mining betreiben kann oder könnte – aber das ist doch nur die halbe Seite der Medaille, immerhin will in vielen Fällen auch noch die Hardware bezahlt ...
Rig is Running with: (7x R9 280x and 1 HD 7970) ALL MAX CLOCK SPEED TOTAL KH/s: 7,841Kh/s (5k-6k Kh/s on lower clock speed) With all the hype over bitcoins and other cyrpto-currencies, I decided to put together my own mining rig. It took me about 2 hours and 1000$ to put together and am now getting 1450Kh/s sometimes a ... Quick update on the new Bitcoin mining rig that I built. Get $10 free on Coinbase when you spend of sell more than $100: https://www.coinbase.com/join/54bb23... My Second litecoin Mining rig Test 1 with two Sapphire r9 280x OC graphiccards Result: 750 - 770 kh/s per Card. This video goes over my 7 day 1 week Bitcoin Mining experiment. I let my computer Mine for Bitcoin for a week straight, to see how much money I could generat...