Author

Topic: Mining Monero with an Antminer L3? (Read 3601 times)

jr. member
Activity: 74
Merit: 1
October 24, 2017, 04:33:07 PM
#20
which card is much better for CryptoNight, AMD or Nvdia? I want to mine intensecoin which algorithm is same with XMR

AMD...
member
Activity: 357
Merit: 26
October 23, 2017, 08:55:47 AM
#19
Yes - its by saying.. but its possible.
and its not so hard to run test l3+ with test on 24-48h with chosen XMR coin be paid.
Difference very small. So You with l3+ can work and mine XMR (NOT DIRECTLY) but no matter how - if its still profitable and can do it - you can.

Scrypt not scrypt - asic or not.. Possible  YES! and almost price go like with GPU directly.

Everything is possible

Yeah, but by that definition mining bitcoin is possible by growing apples. Indeed, orchards are very profitable right now, etc, etc....
newbie
Activity: 12
Merit: 0
October 23, 2017, 06:35:50 AM
#18
Yes - its by saying.. but its possible.
and its not so hard to run test l3+ with test on 24-48h with chosen XMR coin be paid.
Difference very small. So You with l3+ can work and mine XMR (NOT DIRECTLY) but no matter how - if its still profitable and can do it - you can.

Scrypt not scrypt - asic or not.. Possible  YES! and almost price go like with GPU directly.

Everything is possible
member
Activity: 357
Merit: 26
October 23, 2017, 05:54:51 AM
#17
Why not possible?

prohashing.com - set Your earnings in XMR Monero.. What is the problem?

It's not a problem, just that's not mining Monero with a Scrypt miner. It's mining Scrypt and getting paid in Monero - big difference.

Bit like saying your petrol car can power your house - by doing taxi work and then using the money to pay utility company.
member
Activity: 115
Merit: 10
October 23, 2017, 03:51:44 AM
#16
which card is much better for CryptoNight, AMD or Nvdia? I want to mine intensecoin which algorithm is same with XMR
newbie
Activity: 12
Merit: 0
October 23, 2017, 01:56:38 AM
#15
Why not possible?

prohashing.com - set Your earnings in XMR Monero.. What is the problem?
sr. member
Activity: 966
Merit: 359
👉MINING-BIOS.eu💲⛏
September 04, 2017, 01:34:48 PM
#14
Antminer L3 + will not be able to mine Monero. It is designed to extract coins on the script algorithm
To mine Monero, I advise you to use a video card! I hope soon will create Asic specifically for Monero)

Well that explains why I couldn't find any mine to Asic in google

I might try to mine minero with a RX 480 but I will first keep looking for more profitable alternatives
More proftable is RX 470/570 it has almost same hashrate but cost a lot less. I've post my results here:
https://bitcointalksearch.org/topic/guideamdnvidiacpuxmrhow-to-mine-moneroryo-miners-downloads-2126975
member
Activity: 119
Merit: 13
0x88628bf14F2391707bA9d1767f83c694Efd2a8B9
September 04, 2017, 09:59:09 AM
#13
Antminer L3 + will not be able to mine Monero. It is designed to extract coins on the script algorithm
To mine Monero, I advise you to use a video card! I hope soon will create Asic specifically for Monero)

Well that explains why I couldn't find any mine to Asic in google

I might try to mine minero with a RX 480 but I will first keep looking for more profitable alternatives
sr. member
Activity: 966
Merit: 359
👉MINING-BIOS.eu💲⛏
September 04, 2017, 06:49:00 AM
#12
Yep, Monero is ASIC resistant
full member
Activity: 308
Merit: 100
September 04, 2017, 05:39:22 AM
#11
nope , is not possible Grin
full member
Activity: 292
Merit: 100
Miningcore
September 04, 2017, 05:19:01 AM
#10
Monero uses a completely different algorithm than the L3+; the L3+ mines Scrypt. Monero uses CryptoNight and is completely incompatible with Scrypt, hence the numbers are fucked up. The calculator is right for the most part if only you actually had that much CN hashpower.

Thank you so much for the in-depth answer, are there any ASIC for Monero right now?

Thank god no. Monero is using "Cryptonight" which is a so called memory-hard hashing algorithm that's next to impossible to effectively implement using ASICs.
member
Activity: 69
Merit: 10
September 04, 2017, 04:15:58 AM
#9
This is not possible. There are no asic that can mine XMR now
jr. member
Activity: 74
Merit: 1
September 04, 2017, 02:48:39 AM
#8
Monero uses a completely different algorithm than the L3+; the L3+ mines Scrypt. Monero uses CryptoNight and is completely incompatible with Scrypt, hence the numbers are fucked up. The calculator is right for the most part if only you actually had that much CN hashpower.

Thank you so much for the in-depth answer, are there any ASIC for Monero right now?

I'm not sure monero is paying all that well for any mining right now. But if your looking for a monero miner I would look into buying  an amd epyc server with dual core processors. cryptonight is mostly a cpu miner first with some graphics cards that do ok with it but not as profitable as mining other coins. Right at the moment there is no asic. If your looking into asics I would stick to mining bitcoin or litecoin.
full member
Activity: 826
Merit: 109
September 04, 2017, 01:04:08 AM
#7
Antminer L3 + will not be able to mine Monero. It is designed to extract coins on the script algorithm
To mine Monero, I advise you to use a video card! I hope soon will create Asic specifically for Monero)
member
Activity: 119
Merit: 13
0x88628bf14F2391707bA9d1767f83c694Efd2a8B9
September 03, 2017, 10:13:37 PM
#6
No there are no Asic miners for monero and you can mine monero only with gpu and the funny part is that the total network hashrate of monero is 214 megahash and you are putting more than double hash rate that's why you are seeing profit of $12 million which is totally wrong
And keep in mind that if you mine monero with gpu rigs the hash rate speed of your cards will be in sols or simple hashes per second.Google the speed for monero for different cards and than put those numbers in the calculator and than you will be able to get the profit accurately

Thanks ! I will definitely do that!
full member
Activity: 200
Merit: 100
September 03, 2017, 09:01:51 PM
#5
No there are no Asic miners for monero and you can mine monero only with gpu and the funny part is that the total network hashrate of monero is 214 megahash and you are putting more than double hash rate that's why you are seeing profit of $12 million which is totally wrong
And keep in mind that if you mine monero with gpu rigs the hash rate speed of your cards will be in sols or simple hashes per second.Google the speed for monero for different cards and than put those numbers in the calculator and than you will be able to get the profit accurately
member
Activity: 119
Merit: 13
0x88628bf14F2391707bA9d1767f83c694Efd2a8B9
September 03, 2017, 08:46:35 PM
#4
Monero uses a completely different algorithm than the L3+; the L3+ mines Scrypt. Monero uses CryptoNight and is completely incompatible with Scrypt, hence the numbers are fucked up. The calculator is right for the most part if only you actually had that much CN hashpower.

Thank you so much for the in-depth answer, are there any ASIC for Monero right now?
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
September 03, 2017, 08:39:21 PM
#3
Monero uses a completely different algorithm than the L3+; the L3+ mines Scrypt. Monero uses CryptoNight and is completely incompatible with Scrypt, hence the numbers are fucked up. The calculator is right for the most part if only you actually had that much CN hashpower.
hero member
Activity: 1036
Merit: 606
September 03, 2017, 08:38:18 PM
#2
member
Activity: 119
Merit: 13
0x88628bf14F2391707bA9d1767f83c694Efd2a8B9
September 03, 2017, 08:29:05 PM
#1
Hello, I'm pretty new into mining but a colleague and I are discussing the possibility of buying an antminer (either D3 or L3+)

So I was looking for the profitability calculator and wanted to know if anyone has mined Monero with either hardware

When I checked the L3+ i see the Hashrate is supossed to be 504 MH/s after I introduce that
into cryptocompare I get some rather funny numbers (most probably a bug)
https://www.cryptocompare.com/mining/calculator/xmr?HashingPower=500&HashingUnit=MH%2Fs&PowerConsumption=200&CostPerkWh=0.16
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