My latest adventures with GTX 1080 mining

romelitounknown

jr. member

Activity: 279

Merit: 7

Quote from: Ciscopro2000 on December 24, 2018, 01:05:39 PM

Is mining on GPUs still profitable for you guys? I have pretty much given up on GPU mining at the moment due to the market downturn.

If you are a long holder of the coin you mined, then it is okay to continue mining even the market is quite down. Sooner or later market will recover and that is your chance of earning .

swogerino

legendary

Activity: 3318

Merit: 1247

Bitcoin Casino Est. 2013

You have your own strategy, you mine now clearly in a loss at only 1.40 dollars a week but who knows , this strategy may pay off later. I personally would mine Raven with Cryptodrege as that is the best option for my 1060 cards as that gives me best profitability.

modmalaney

sr. member

Activity: 700

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mine did extraordinary things. in the adventure mine will not stop only on some platforms or software installs or only. But if you want to try a new experience then try Whalesburg. by having a pretty sophisticated algorithm by choosing auspicious coins in mine the results of mining will be satisfactory.

Dzeronimo

full member

Activity: 588

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Quote from: mikeywith on December 23, 2018, 04:33:26 PM

Quote from: begnme on December 23, 2018, 03:42:37 PM

So I have stayed with using CryptoDredge for my mining software. Software is very stable and easy to use. Spent a week trying different coins/wallets/pools. I really love the idea of zpool and wanted to make that work for my situation, but I find it just does not give me anyway to break even or get ahead. For coin selection - Bitcoin Diamond was the clear leader when it came to income. For pools I ended up choosing Minerscore (small but reasonable). If my current calculations are accurate I can mine roughly $1.40 of this coin each week. Hopefully the coin will appreciate over time as I expect, so that it is worth the time and effort. I hope this is helpful to someone getting started.

I was never a supporter of mining a coin that might MIGHT increase value in the future. the wise approach for mining would be to mine the coin that will give you the most reward in BTC or FIAT and then use the profit to buy the coin you like. doing so, you will get more of the coin rather than directly mining it. unless you want to support the the coin's network which does not make sense to me either Grin

.

Good luck and thanks for sharing the info.

Your approach is good if you have decent hash power but if you are a small player it can take days or even weeks to mine enough to exchange more profitable coins for the one you want to hodl. If you include all transaction fees in the calculation, sometimes (but not always) it make sense to mine less profitable coin.

VasilyS

member

Activity: 620

Merit: 21

Quote from: crairezx20 on December 24, 2018, 01:22:18 AM

Quote from: VasilyS on December 23, 2018, 08:39:55 PM

Quote from: begnme on December 23, 2018, 03:42:37 PM

So I have stayed with using CryptoDredge for my mining software. Software is very stable and easy to use. Spent a week trying different coins/wallets/pools. I really love the idea of zpool and wanted to make that work for my situation, but I find it just does not give me anyway to break even or get ahead. For coin selection - Bitcoin Diamond was the clear leader when it came to income. For pools I ended up choosing Minerscore (small but reasonable). If my current calculations are accurate I can mine roughly $1.40 of this coin each week. Hopefully the coin will appreciate over time as I expect, so that it is worth the time and effort. I hope this is helpful to someone getting started.

I'm using T-Rex miner for Ravencoin. I tried CryptoDredge and Z-ENEMY, but T-Rex is the best. It seems to me that it is a better solution for mining for this card, at least according to whattomine calculator.

Honestly, they gave a different result to other coins but for me, CryptoDredge gives me more improvement on hashing to x22i algo compared to other miner.
Z-enemy gives me more hashrate in mining RVN coin and T-rex I don't have much experience to use this miner I tested this miner before with ravencoin but gives me low hashrate compared to z-enemy.

According to my last experience, CryptoDredge is one of the best miners for Nvidia cards for MTP algo (Zcoin). It works perfectly even on multi GPU rigs.

lunobird

full member

Activity: 846

Merit: 115

Quote from: begnme on December 29, 2018, 02:47:14 PM

Latest update: Switched over to mining a much more profitable coin: plusonecoin. Using pool: fairmine.pro -- Feel free to come join me as I think I have 16% of the entire pools hash. I am mining with 4 GPU's. I have been mining for three days and my wallet has almost 200 coins with many more in the wings waiting to mature.

Your mining shitcoins with no liquidy. If you sell your coins you will get a lot of slippage and would make less than just mining eth. You take on high risk with this going down to 1 sat.

And you just told everyone to mine this which will increase difficulty and giving you less coins and profit over time.

Only trade bots are buying and selling this coin.

Sorry bud their is no escape from this bear market. No magic shitcoins will save you.

begnme

jr. member

Activity: 31

Merit: 2

Latest update: Switched over to mining a much more profitable coin: plusonecoin. Using pool: fairmine.pro -- Feel free to come join me as I think I have 16% of the entire pools hash. I am mining with 4 GPU's. I have been mining for three days and my wallet has almost 200 coins with many more in the wings waiting to mature.

captain_blood

member

Activity: 364

Merit: 12

The Most Profitable Mining Pool

Quote from: Ciscopro2000 on December 24, 2018, 01:05:39 PM

Is mining on GPUs still profitable for you guys? I have pretty much given up on GPU mining at the moment due to the market downturn.

Yes, of course. Look at this most profitable mining pool today that utilize auto-switching algorithm.
The mere fact that there is plenty of miner mining without closing their farms/mining rigs proved that mining is still profitable today.

Whalesburg is rocking!

shield132

hero member

Activity: 2352

Merit: 905

Metawin.com - Truly the best casino ever

Quote from: mikeywith on December 23, 2018, 04:33:26 PM

Quote from: begnme on December 23, 2018, 03:42:37 PM

So I have stayed with using CryptoDredge for my mining software. Software is very stable and easy to use. Spent a week trying different coins/wallets/pools. I really love the idea of zpool and wanted to make that work for my situation, but I find it just does not give me anyway to break even or get ahead. For coin selection - Bitcoin Diamond was the clear leader when it came to income. For pools I ended up choosing Minerscore (small but reasonable). If my current calculations are accurate I can mine roughly $1.40 of this coin each week. Hopefully the coin will appreciate over time as I expect, so that it is worth the time and effort. I hope this is helpful to someone getting started.

I was never a supporter of mining a coin that might MIGHT increase value in the future. the wise approach for mining would be to mine the coin that will give you the most reward in BTC or FIAT and then use the profit to buy the coin you like. doing so, you will get more of the coin rather than directly mining it. unless you want to support the the coin's network which does not make sense to me either Grin

.

Good luck and thanks for sharing the info.

If you check on whattomine.com then you'll clearly see that Bitcoin Diamond is the best choice to mine, so when he says 1.40$ a week, he means pure profit, not just mining result.
OP you can exchange that coins too and hold any you want, consider exchange fees too but I think it will be still good option, mining with nicehash and holding bitcoins won't be a good because they have high withdraw requirement.

lunobird

full member

Activity: 846

Merit: 115

Quote from: FFI2013 on December 25, 2018, 11:43:04 AM

Quote from: Intristing on December 23, 2018, 07:41:06 PM

Quote from: mikeywith on December 23, 2018, 04:33:26 PM

Quote from: begnme on December 23, 2018, 03:42:37 PM

So I have stayed with using CryptoDredge for my mining software. Software is very stable and easy to use. Spent a week trying different coins/wallets/pools. I really love the idea of zpool and wanted to make that work for my situation, but I find it just does not give me anyway to break even or get ahead. For coin selection - Bitcoin Diamond was the clear leader when it came to income. For pools I ended up choosing Minerscore (small but reasonable). If my current calculations are accurate I can mine roughly $1.40 of this coin each week. Hopefully the coin will appreciate over time as I expect, so that it is worth the time and effort. I hope this is helpful to someone getting started.

I was never a supporter of mining a coin that might MIGHT increase value in the future. the wise approach for mining would be to mine the coin that will give you the most reward in BTC or FIAT and then use the profit to buy the coin you like. doing so, you will get more of the coin rather than directly mining it. unless you want to support the the coin's network which does not make sense to me either Grin

.

Good luck and thanks for sharing the info.

That is right. I mine the most profitable coin and then convert it to Bitcoin Cash.

Are you guys directly mining the coin than selling or using zpool or nicehash I was asking because I was going to try zpool but when I do the math it seems I'm losing money not gaining

Yes if you manage to break even with electric cost your actually doing really good. Mostly everyone is mining at a loss in this bear market

begnme

jr. member

Activity: 31

Merit: 2

I am directly mining to BCD wallet. Zpool does not seem to let you pick a specific coin to mine. You pick the alog then the pool sends you jobs for all different coins that use that alog.

FFI2013

hero member

Activity: 906

Merit: 507

Quote from: Intristing on December 23, 2018, 07:41:06 PM

Quote from: mikeywith on December 23, 2018, 04:33:26 PM

Quote from: begnme on December 23, 2018, 03:42:37 PM

So I have stayed with using CryptoDredge for my mining software. Software is very stable and easy to use. Spent a week trying different coins/wallets/pools. I really love the idea of zpool and wanted to make that work for my situation, but I find it just does not give me anyway to break even or get ahead. For coin selection - Bitcoin Diamond was the clear leader when it came to income. For pools I ended up choosing Minerscore (small but reasonable). If my current calculations are accurate I can mine roughly $1.40 of this coin each week. Hopefully the coin will appreciate over time as I expect, so that it is worth the time and effort. I hope this is helpful to someone getting started.

I was never a supporter of mining a coin that might MIGHT increase value in the future. the wise approach for mining would be to mine the coin that will give you the most reward in BTC or FIAT and then use the profit to buy the coin you like. doing so, you will get more of the coin rather than directly mining it. unless you want to support the the coin's network which does not make sense to me either Grin

.

Good luck and thanks for sharing the info.

That is right. I mine the most profitable coin and then convert it to Bitcoin Cash.

Are you guys directly mining the coin than selling or using zpool or nicehash I was asking because I was going to try zpool but when I do the math it seems I'm losing money not gaining

begnme

jr. member

Activity: 31

Merit: 2

T-Rex is a bit faster and draws a bit more power:

20181225 10:49:40 GPU #0: Zotac GTX 1080 - 26.28 MH/s, [T:65C, P:175W, F:56%, E:150kH/W]

begnme

jr. member

Activity: 31

Merit: 2

Stock GPU settings using CryptoDredge and mining BCD (been running 3 days solid no issues):

[15:15:33] INFO - GPU0 Zotac GTX 1080 : 23.59MH/s (Avr 24.17MH/s) : 135.2KH/W : T=66C Fan=57%

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

Quote from: Ciscopro2000 on December 24, 2018, 01:05:39 PM

Is mining on GPUs still profitable for you guys? I have pretty much given up on GPU mining at the moment due to the market downturn.

Not too much for me personally as my electrical rates aren't the greatest, but I've also sold off most of my miners in the current crypto bear market and difficulty on most algorithms continuing to rise or stagnating. At least prices on most coins have risen a bit in the past week and we might be at the beginning stage of a market reversal. I still have most of my ASICs as profitability could rise pretty quickly on them if the price of a coin goes up significantly in a short period of time though.

Ciscopro2000

member

Activity: 494

Merit: 10

Is mining on GPUs still profitable for you guys? I have pretty much given up on GPU mining at the moment due to the market downturn.

gotminer

member

Activity: 644

Merit: 24

Quote from: Intristing on December 23, 2018, 07:41:06 PM

Quote from: mikeywith on December 23, 2018, 04:33:26 PM

Quote from: begnme on December 23, 2018, 03:42:37 PM

So I have stayed with using CryptoDredge for my mining software. Software is very stable and easy to use. Spent a week trying different coins/wallets/pools. I really love the idea of zpool and wanted to make that work for my situation, but I find it just does not give me anyway to break even or get ahead. For coin selection - Bitcoin Diamond was the clear leader when it came to income. For pools I ended up choosing Minerscore (small but reasonable). If my current calculations are accurate I can mine roughly $1.40 of this coin each week. Hopefully the coin will appreciate over time as I expect, so that it is worth the time and effort. I hope this is helpful to someone getting started.

I was never a supporter of mining a coin that might MIGHT increase value in the future. the wise approach for mining would be to mine the coin that will give you the most reward in BTC or FIAT and then use the profit to buy the coin you like. doing so, you will get more of the coin rather than directly mining it. unless you want to support the the coin's network which does not make sense to me either Grin

.

Good luck and thanks for sharing the info.

That is right. I mine the most profitable coin and then convert it to Bitcoin Cash.

So either way, you're going to lose all of your money in the end. Grin

crairezx20

legendary

Activity: 1638

Merit: 1046

Quote from: VasilyS on December 23, 2018, 08:39:55 PM

Quote from: begnme on December 23, 2018, 03:42:37 PM

So I have stayed with using CryptoDredge for my mining software. Software is very stable and easy to use. Spent a week trying different coins/wallets/pools. I really love the idea of zpool and wanted to make that work for my situation, but I find it just does not give me anyway to break even or get ahead. For coin selection - Bitcoin Diamond was the clear leader when it came to income. For pools I ended up choosing Minerscore (small but reasonable). If my current calculations are accurate I can mine roughly $1.40 of this coin each week. Hopefully the coin will appreciate over time as I expect, so that it is worth the time and effort. I hope this is helpful to someone getting started.

I'm using T-Rex miner for Ravencoin. I tried CryptoDredge and Z-ENEMY, but T-Rex is the best. It seems to me that it is a better solution for mining for this card, at least according to whattomine calculator.

Honestly, they gave a different result to other coins but for me, CryptoDredge gives me more improvement on hashing to x22i algo compared to other miner.
Z-enemy gives me more hashrate in mining RVN coin and T-rex I don't have much experience to use this miner I tested this miner before with ravencoin but gives me low hashrate compared to z-enemy.

VasilyS

member

Activity: 620

Merit: 21

Quote from: begnme on December 23, 2018, 03:42:37 PM

So I have stayed with using CryptoDredge for my mining software. Software is very stable and easy to use. Spent a week trying different coins/wallets/pools. I really love the idea of zpool and wanted to make that work for my situation, but I find it just does not give me anyway to break even or get ahead. For coin selection - Bitcoin Diamond was the clear leader when it came to income. For pools I ended up choosing Minerscore (small but reasonable). If my current calculations are accurate I can mine roughly $1.40 of this coin each week. Hopefully the coin will appreciate over time as I expect, so that it is worth the time and effort. I hope this is helpful to someone getting started.

I'm using T-Rex miner for Ravencoin. I tried CryptoDredge and Z-ENEMY, but T-Rex is the best. It seems to me that it is a better solution for mining for this card, at least according to whattomine calculator.

Intristing

full member

Activity: 227

Merit: 100

Quote from: mikeywith on December 23, 2018, 04:33:26 PM

Quote from: begnme on December 23, 2018, 03:42:37 PM

So I have stayed with using CryptoDredge for my mining software. Software is very stable and easy to use. Spent a week trying different coins/wallets/pools. I really love the idea of zpool and wanted to make that work for my situation, but I find it just does not give me anyway to break even or get ahead. For coin selection - Bitcoin Diamond was the clear leader when it came to income. For pools I ended up choosing Minerscore (small but reasonable). If my current calculations are accurate I can mine roughly $1.40 of this coin each week. Hopefully the coin will appreciate over time as I expect, so that it is worth the time and effort. I hope this is helpful to someone getting started.

I was never a supporter of mining a coin that might MIGHT increase value in the future. the wise approach for mining would be to mine the coin that will give you the most reward in BTC or FIAT and then use the profit to buy the coin you like. doing so, you will get more of the coin rather than directly mining it. unless you want to support the the coin's network which does not make sense to me either Grin

.

Good luck and thanks for sharing the info.

That is right. I mine the most profitable coin and then convert it to Bitcoin Cash.

Topic: My latest adventures with GTX 1080 mining (Read 621 times)