Ouch, you bought your 1080ti at the worst timing. It will take years to reach ROI with that price.
Perhaps, since you only got 1 GPU for mining, why don't you start with Nicehash (that's the best place to start for newbies) to earn Bitcoins which can be used to buy another coin or cashout to buy your second GPU (secondhand).
However, $1,200 for a ($700) GPU is a bad deal.
Hello nc50lc, I use a 1080, not ti, that was just an example of price, because the coin I'm mining (zcash) is very good with Cuda
by my tests, the nicehash was the one that would pay me less per day, week and month!
I'm mining the zcash with the console using nanopool for mine, but today 03/08/2018 I'm trying miningpoolhub and I'm liking the result. It seems like I'm mining faster than nanopool
One of the things you can do without buying more components, is finding promising coin and mine it. If you do that and hold that coin, after some time you can sell it and earn money from price difference.
Also, you could find some coin with low difficulty and acceptable price, that after mining you could sell and start cryptocurrency trading. You can make some really nice money from it, and invest it in your mining rig.
yes, Eternu, I am mining zcash, many and many say that it is a great coin to mine because it will value a lot, and nvidia is good for mining zcash algorithm
difficulty to give suggestions for you, if your mining using one GPU and your series GPU very expensive for this time.but you don't need sad, on the Cryptocurrency always have a surprise such fork or the price some coin is rise. I have any little tips corresponding with my experience when first time mining.
1. as much as possible care for your component especially VGA. the stable more important than speed(hashrate).
2. often to web calculator mining such a Coinwarz, you can look block reward, frequency block and you compare one coin with another coin but if you feel that's waste a time, you can using Nicehash.
3. correct in choosing an Algorithm, where your VGA series works great on that algo.
4. most important is Patience.
I do not understand very well about block reward, I know what kind of a prize the person earns, and the value is 10 zcash, but it must be hard for me that I'm mining as slowly as other people who have mining plots
by my tests, the nicehash was the one that would pay me less per day, week and month!
I'm mining the zcash with the console using nanopool for mine, but today 03/08/2018 I'm trying miningpoolhub and I'm liking the result. It seems like I'm mining faster than nanopool
one thing I'm seeing, when I started mining zcash it was $ 430 and bitcoin was $ 11200 and now zcash is $ 320 and bitcoin is $ 9600, is this normal? to descend so much? Is it still advantageous to continue mining? I'm afraid that the coin I'm mining (zcash) will die
sorry my bad english =)