Author

Topic: Any usefulness for this CPUs (Read 221 times)

full member
Activity: 480
Merit: 106
June 17, 2022, 01:06:58 PM
#19

I guess you've realized how wrong you are? You make this point on June 11th and BTC is way under 23k as we speak so bro id say now isnt the time to buy graphic cards or coins yet, wait for more dips because if BTC fails to hold 20k we can see 13k per BTC soon.
Bear market, don't hold on to your hope of any low ceiling, yet because it will go even lower. Coinfarm ventures will learn a hard lesson from this bear time. Back to OP, your CPU really doesn't stand a chance in this CPU mining since ASIC will eat anything decently profit so it isn't worth your time to look for coin mining in your CPUs. Either sell the thing and opt for GPUs mining or prepare it as a fund to buy the dip incoming in the crypto market.
newbie
Activity: 17
Merit: 20
June 17, 2022, 12:24:42 PM
#18
You could mine Verus ($VRSC) with the 8700K. CPU-friendly mining and the rewards are supposed to go up due to increased usage after the full-fledged mainnet upgrade comes out in the not so distant future.

Here you can find an overview of Verus hash rates for specific CPUs:
https://docs.google.com/spreadsheets/d/1RrSYJDV0Mjj3X-myMC3aQDGkcipivxHsD7ZxJ3r5f_A/edit#gid=10943314

The 11800h is not mentioned though. You would have to try if it does any good.
member
Activity: 130
Merit: 11
June 15, 2022, 02:14:05 AM
#17
Coinfarm Ventures, is it a good time to start buying coins right now?
Absolutely, the HODL price model says price crossed the lower boundary. That means we probably won't go any lower than $27k BTC. So I would buy a bunch of BTC, then if video cards are very cheap in a few months, sell half your BTC to build mining rigs again.
I guess you've realized how wrong you are? You make this point on June 11th and BTC is way under 23k as we speak so bro id say now isnt the time to buy graphic cards or coins yet, wait for more dips because if BTC fails to hold 20k we can see 13k per BTC soon.
full member
Activity: 182
Merit: 152
June 14, 2022, 06:39:52 PM
#16
BTc is below 26k now
I said 'probably'. I did not buy at $26k, and I hold very few coins, so I didn't suffer.

if you are smart enough you would have sell some of your graphic cards and wait for further dips then buy some very very good altcoins in the market for long term holding, I believe that 19k or even 13k per BTC is very possible.
That is what I did this week. 40 cents of profit per day is garbage for a video card I can still sell for $300+. I will not buy any BTC with the funds. Instead I will hold them as fiat or even invest in real estate.
member
Activity: 271
Merit: 14
June 14, 2022, 01:37:38 AM
#15
Coinfarm Ventures, is it a good time to start buying coins right now?
Absolutely, the HODL price model says price crossed the lower boundary. That means we probably won't go any lower than $27k BTC. So I would buy a bunch of BTC, then if video cards are very cheap in a few months, sell half your BTC to build mining rigs again.

BTc is below 26k now

You mean below 24k?
No, its below 22k right now, haha, if you are smart enough you would have sell some of your graphic cards and wait for further dips then buy some very very good altcoins in the market for long term holding, I believe that 19k or even 13k per BTC is very possible.
sr. member
Activity: 2464
Merit: 318
June 13, 2022, 09:59:19 AM
#14
Coinfarm Ventures, is it a good time to start buying coins right now?
Absolutely, the HODL price model says price crossed the lower boundary. That means we probably won't go any lower than $27k BTC. So I would buy a bunch of BTC, then if video cards are very cheap in a few months, sell half your BTC to build mining rigs again.

BTc is below 26k now

You mean below 24k?
newbie
Activity: 3
Merit: 0
June 12, 2022, 10:56:24 PM
#13
Coinfarm Ventures, is it a good time to start buying coins right now?
Absolutely, the HODL price model says price crossed the lower boundary. That means we probably won't go any lower than $27k BTC. So I would buy a bunch of BTC, then if video cards are very cheap in a few months, sell half your BTC to build mining rigs again.

BTc is below 26k now
legendary
Activity: 1610
Merit: 1026
June 12, 2022, 12:38:23 PM
#12
On a mining farm, several processor cores need to be used for mining on video cards. For example, if you have 12 cores, then it is better to run 10 in CPU mining so that the hash rate on video cards does not decrease. But this is not always profitable, because there is a very high competition in mining.

CPU mining threads usually run at the lowest priority so any other process can interrupt them. The impact on GPU mining is negligible.
Even if GPU miners do a CPU prehash it takes priority over CPU mining threads.
Running CPU miners at high priority can destabilize the OS and won't improve hash rate.

If a GPU rig has a decent CPU I always mine with both.
I don't have processors for mining on a mining farm, because you need to buy a more expensive motherboard, cooling system and an expensive processor. The payback period can be more than 12 months. Instead of using expensive processors and motherboards on 6 mining farms, I would rather build a seventh mining farm on video cards.
full member
Activity: 182
Merit: 152
June 11, 2022, 05:05:36 PM
#11
Coinfarm Ventures, is it a good time to start buying coins right now?
Absolutely, the HODL price model says price crossed the lower boundary. That means we probably won't go any lower than $27k BTC. So I would buy a bunch of BTC, then if video cards are very cheap in a few months, sell half your BTC to build mining rigs again.
full member
Activity: 1386
Merit: 220
June 11, 2022, 12:41:04 PM
#10
On a mining farm, several processor cores need to be used for mining on video cards. For example, if you have 12 cores, then it is better to run 10 in CPU mining so that the hash rate on video cards does not decrease. But this is not always profitable, because there is a very high competition in mining.

CPU mining threads usually run at the lowest priority so any other process can interrupt them. The impact on GPU mining is negligible.
Even if GPU miners do a CPU prehash it takes priority over CPU mining threads.
Running CPU miners at high priority can destabilize the OS and won't improve hash rate.

If a GPU rig has a decent CPU I always mine with both.
legendary
Activity: 1610
Merit: 1026
June 11, 2022, 12:18:57 PM
#9
all my mining rigs have lower end CPUs since I wont be using then to mine and also to safe power.

This is contradictory to your question. If you don't want to mine with them in a mining rig then you don't
wnt to mine with them, period.
On a mining farm, several processor cores need to be used for mining on video cards. For example, if you have 12 cores, then it is better to run 10 in CPU mining so that the hash rate on video cards does not decrease. But this is not always profitable, because there is a very high competition in mining.
legendary
Activity: 3136
Merit: 1233
Leading Crypto Sports Betting & Casino Platform
June 11, 2022, 09:12:25 AM
#8
Besides gaming what else can I use a 8700K CPU and a 11800 CPU for? Both are I7 CPUs and I believe there belong to the high end CPU category but there are here doing nothing, all my mining rigs have lower end CPUs since I wont be using then to mine and also to safe power.

The only thing is Raptoreum and that is if you are in for the long term,so far I have mined like 1300 RTM with 2 processors one E5 Xeon and one Core i5 8500 which is not good,I have quit with the i5 and only use the old Xeon which makes me like 13 coins daily.
While the core i7 of 8 gen you are mentioning should make a maximum of 5-7 coins and I don't know about the 11th gen processor.As I said this is only good if you will mine and keeping the coins if you expect a bull run.

Personally I believe the price of RTM to be somewhat near that of Monero in the future and if this happens to be the case I plan to becoming a millionaire from such mining activity (I know I am a dreamer but I am not the only one).
legendary
Activity: 2226
Merit: 1304
June 11, 2022, 06:42:46 AM
#7
8700K is a little outdated, but someone building a cheap gamer PC could buy, it's 6/12 and perform very well in games due to high frequency

11800 I suppose it's 11800h, a laptop cpu, and I don't think you can sell without selling whole laptop

It's good and strong CPUs, but not for mine anymore. Ryzen was / is better to mine Monero and Raptoreum for example, but now it's not anymore, there's no profits to make unless in rare cases you have solar energy or 1cent electricity  Cheesy

You can sell 8700K, and 11800h you can sell if you are not using your laptop anymore

I know it's tempting to mine with GPUs and CPUs to have maximum profits, but CPUs are only profitable in short periods of time, mostly in a bull run and at the lauch of the coin.
full member
Activity: 1386
Merit: 220
June 10, 2022, 03:04:05 PM
#6
all my mining rigs have lower end CPUs since I wont be using then to mine and also to safe power.

This is contradictory to your question. If you don't want to mine with them in a mining rig then you don't
wnt to mine with them, period.
legendary
Activity: 1610
Merit: 1026
June 10, 2022, 01:44:09 PM
#5
Besides gaming what else can I use a 8700K CPU and a 11800 CPU for? Both are I7 CPUs and I believe there belong to the high end CPU category but there are here doing nothing, all my mining rigs have lower end CPUs since I wont be using then to mine and also to safe power.
If you do not use these processors, then try running Raptoreum mining on your mining farm. The profit will be small. The 11800h processor has low power consumption. But I would probably sell the CPU and buy a video card.
full member
Activity: 1386
Merit: 220
June 10, 2022, 12:00:19 PM
#4
Those CPUs were considered high end but Ryzen changed all that. I certainly wouldn't be looking for those for mining,
but if I already had them I'd put them to work.
member
Activity: 263
Merit: 15
June 10, 2022, 11:28:18 AM
#3
Coinfarm Ventures, is it a good time to start buying coins right now? I sold some graphic cards because of this but it looks like we are just starting the bear market so I believe the better opportunity will still happen soon, or I may be wrong? Are you already buying coins.
full member
Activity: 182
Merit: 152
June 10, 2022, 11:21:53 AM
#2
You should probably sell your CPUs and buy coins with the funds. Mining Monero will be unprofitable unless you have free power, and it will take years to get a payback on your hardware.
member
Activity: 237
Merit: 19
June 10, 2022, 10:32:12 AM
#1
Besides gaming what else can I use a 8700K CPU and a 11800 CPU for? Both are I7 CPUs and I believe there belong to the high end CPU category but there are here doing nothing, all my mining rigs have lower end CPUs since I wont be using then to mine and also to safe power.
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