Topic: What are you mining these days? - page 7. (Read 17431 times)

If you have just one 7870 and want to make profit, the profit will be low if you consider the electricty cost of the whole system.

 You can get into Ethereum pretty cheap, if you have at least one system with an open PCI-E slot and can dig up a fairly cheap used vidcard.

 The system I put together with the used 7870 I bought cost $80 for the card, already HAD the entire rest of the system parts around doing other stuff at the time, and it hashes about 10MH/s which currently equates to a bit over $1/day.

If you're talking NEW system builds with NEW parts, you should be able to get into the 50-60 MH range fairly easy for a grand, and possibly a bit more if you shop VERY VERY carefully and optimise hash/$ very well.

Thanks so much r the advice and I want you to know that I haven't sell any of the btc I got either from campaign or faucet. I just have an eye for the mining thing and I don't know why but there is something inside telling me I could mine the sky is the starting point. Have sent you a pm

no at the least you need a miner attached to it in some manner...the usb stick miners (gekko and moonlander scrypt ones) are fun to play with but you will not get the (what is it 35-40 bucks) back out of them mining...ie toys.....

again only way to play is hoard some $$$ put them in a paper wallet of btc or ltc imho and then hope in a few years it will go up in value

or

play the lucky 'used' miner game on some kinda fire sale or panic like i've done to postpone them becoming doorstops....


but even used stuff above is USUALLY only worth getting in lots of one or two miners (like my last one 2 titans) ie big bucks..or a friend that will take half

thus what I mean by panic dumping of equip

example i can get a spondoolies sp10 1.3th or so miner on ebay for 80 bucks and 44 shipping with build in psu

at 14c a kwh I lose 2/3 of what it makes in btc a month in electric costs..in other words I pay 3 bucks in electric costs for every 1 buck i get back in btc....unless you need

an electric space heater..that makes no sense...rising difficulty is a 'bitch' ;(


the only game is a GPU card and ethereum imho for a new user but they are (with motherboard/ram/etc) probably 1k to set up?

so anyway .....my view on this IF I did not already have equip..(ie i find a titan cube for cheap i plug it in because i have all the stuff up already)

a new person trying to mine from scratch...not so much....grab coin and hoard is my advice of if you get a cheap used miner ..it likely will NOT make any money

for you ..or why did the guy sell it?

is it possible mine with normal laptop computer i.e dell,lenovo,hp etc. in addition, i downloaded gbf miner a couple days back and i tried to install it on my computer but it not going through, is there something i have to put in place?

Yeah you are right except I have other "angles' on the Titan in addition to ROI

1) I have 14c kwh which will change now for 6 months (June to Dec) to 14c kwh summer electric rates...THUS with at 10c kwh this last winter before things went nuts in LTC price etc and other titans etc ..was the good (now great) odds I can mine at that 10c kwh start of  2017...ie last year at 2900 watts or so at 700mh I heated 85% of my 3 bedroom 1920 sq ft
3 bedroom house with the Titans...and again the above 4c decrease in costs in electric...thus HOW I planned on at 14c kwh to 'outlast' all those Titans you will see (hear that sucking sound) as they are sold this Summer (or maybe not at these prices) due to HEAT and like folk have said are 19 months old...as all them asic's at 14c kwh go to Texas (4c kwh) or Oregon (3c kwh) or overseas to china 1.5c kwh....thus want to be last man standing in Midwest....before the Titans also become 'doorstops'

2) I keep falling into cheap equipment (new Nov 2014 Titan ..ie ie a gift from the asic gods with the 75 bucks of my share of shipping for total at $1,825 bucks ..new works full out)

3) I have 19 months of experience in running these beasts and access to other experts THUS if I do have problems (see above 19 months used) it is better  (now before it was 50/50) to get it fixed at about 3 out of 4 odds imho. Also I can tell anyone who wants how to build their own titan controller (assuming you can find a cube or two) for around 225 bucks..vs the 500 to 600 a Titan board goes for on eBay ...ie see Swedish asic miner thread in search). Also titan owners left on their own now have 3rd party firmware (gen tarkin software) that I'd put up against any asic firmware and also lightfoot on this thread seems to fix just about anything you throw at him for a modest fee and if he can't fix it he does not charge you..that stacks up in my case with EXISTING ROI equipment to a pretty good deal almost as good as a  'repeat' 90 day plus warranty...imho

So the way I look at the 3rd Titan is ALL my mining can pay for it in 5 weeks..thus I LOST 5 weeks of mining to increase my hash rate by a bit..... almost 1/3 (from 700mh to 1000mh conservatively..maybe 1025mh in reality)

yeah its 'mind game' way to look at the above...but in the example of the heating of house (now electric heat from miners) vs gas my BUDGET on gas (goes yearly month by month) has dropped 45 bucks a month so that is equiv to $540 bucks in REAL $$$ for the yearly Gas budget. Add to the fact the 10c kwh from 14c kwh savings on electric for 6 months to 10c kwh that is another PER MONTH for 6 months savings on my 4100 watt miners of $118.08 at that 4c savings or for the 6 months of 708.48 over my PREVIOUS YEAR(s) at 14c kwh or there abouts...thus kinda/sorta looking at at (for the year) a savings of both on 12 months ...above and beyond expected in real $$$ of $1,248.48 (above my prev gas and solid 14c kwh year round in 2015) an almost even 25% savings I'm LOOKING FORWARD to in 2016 in real expenses ....not to mention halving is coming and price may go up too boot....this is using  current
4.28 ltc price etc for the above

So R0I on the above eBay purchase at $1,825 above is below using the litecoin calculator (free for anyone to use) from litecoinpool using 325mh (does a bit more) but say 325mh
at 1150 watts (tarky titan firmware and being repasted/3000 vs 2000 rpm fan/heatsinks on dc/dc and maxumark X bracket improvement)

www.litecoinpool.org/calc

I get the below

30 days   101.72658691 LTC   435.39 USD   Total   115.92 USD electric use  319.47 USD Profit per month at current 4.28 ltc and 1150 watts at current 14c kwh and current difficulty

5.71 months to ROI ...BUT I also mod'd the cubes/fan etc....say 6 months at these prices

so as you can see above everything is working out so well it is making me nervous....my mine thru winter angle is looking pretty good now even with difficulty rises if price continues to creep up as well..even better

ON THE OTHER HAND

that same amount of $$$ in GPU's and an ethereum RIG COULD do better for those of you with NO equipment who want to home mine..to be fair...the dangers of that is
when will the coin go pos...but hey you can sell the gpu's after the fact at least..at one point around 14 bucks per ethereum I think it was you could get 2x the price
out of a GPU for 1/2 the price of a 'legit priced' Titan Cube alone....

again I am in the 'situation' in that i keep bag'ing unicorns in the equip price hunts.....mainly due to 'panic' sales (march 2015 panic full titan with shipping $569 and this last one
probably a panic sale of a corp unit to pay the knc class action that was recently lost)

Also IF I ONLY HAD my original 10,131.80 4 months late the firmware did not work from knc for another 3-4 months Titan...I MIGHT HAVE ROI'd with my current winter heating the
house trick sometime in 2017.....so yeah.....if you go big or go asic at this point in time it is unicorn hunts imho or GPU and ethereum....

again imho you are better off buyng coin

as an example I got 1 BTC worth of LISK (6,039 lisk with bonus) at a buy it price of $415 btc...that today (on paper) is now worth 6 BTC

er somehow I think that perhaps I'm missing yet better ways to make BTC then heating my house..but you do what you know or where you started from (ride this horse till it dies kinda thing)

So anyway ...I can look at it in 2 ways say 8 months if difficulty pops and price stays the same for LTC and/or I lost 5 weeks mining to keep the hamsters in the hamster wheels turning to keep the titans to heat the house etc and better elec rate thru winter on this 3rd Titan panic sale...

addiction wise (drank the kool aid) I like the miners to play with...reality wise I would have been a lot better off sticking the 1,825.00 I had laying around in the LISK ico (ouch)

anyway my take on this...more to roi on equip then just roi on equip as it were

(again disclaimer...I really know zip and above some is dumb luck....so keep that in mind..i also at one time trusted knc and drank the bfl kool aid so easily distracted by 'bright shiny new asics...trying to now be distracted by dull,overlooked,used , underappreciated asics on ebay.....seems better odds)

as always if you have to home mine...you need something or most of the above..and likely at this late date.....GPU mining is probably the safer bet equipment wise

Also the A4 Dominator will probably be just fine etc...but then again KNC at the time was also in good shape on product and delivery..and ended up 4 months late and crummy
firmware etc.....and they had a 1 year warranty they were held to...so crap can change on NEW chips esp the jump to 14nm..could be the same 'growing pains' so as to me
I will let you guys probably pick up a pre-order unit A4 dominator..I will simply slip in at 325mh and run with the pack ..heh ..... just saying you get say 1 unit it likely will
work out just fine...but me I'm a big gun shy after KNC so will watch this from the sidelines ..

later

For me, I only mine the most profitable coins and then sell them for bitcoin. At present, I mine Ethereum.

You can mine anything as long as you choose the right pools since there are pools that steal your shares easily without you ever knowing it.
And how do you know what coin to mine? just look to see if 5 most viable and trustworthy exchange sites are trading those coins or not.
Also you need at least 3 coins to mine same time to diversify.

You need to undervolt these cards. For the 7950, if you change the voltage to 1.1V or lower, no problem.

i have PSU 700watt 80+
can i use 3x R380x or 2x R380x with 1x hd7950 ?

 If you got a Titan for under $1400 with all cubes working, that's VERY impressive - they're normally about 2-3 times that.

 *BUT*

 Don't count the output of ALL your Titans as how long that ONE will ROI - you have to count *IT'S* output only for a fair ROI calculation.


 Or are you saying that's what you earn in 30 days, *NOT* that's how long you expect to ROI your new Titan in?

I don't disagree...but in my case I've ROI'd on all (but the month loss to pay for the 3rd one ..hardly an issue in that it is just time lost for increasing my hash by 1/3)

So yeah ..IF you have the old GPU cards you could not part with you are doing as well or better because my titan cubes will go doorstop eventually...but again up till
this last titan i just got was ROI'd (lost a month in time) and if you have old GPU rigs you could not part with also instant roi ..if you dig them out and do ethereum.

you supposedly can still get some $$$ for the gpu's at end of life of ethereum mining too boot...not so for titan cubes..ie 'doorstops'

AND IF YOU MUST MINE (ie addicted like me) you can mine ethereum with GPU's you buy and at worst if you got 1 gpu and it went to pos coin in 3 months at least
you could say you got the GPU to game with for 1/3 off from your efforts..more cards more risk ..but likely anyone gpu mining ethereum now would likely get their
gpu cards (no matter the number....er say 6) back to pay for themselves ...beyond that amount could get iffy on when the ethereum folk go pos coin

But yeah 1 GPU card for the price NOW ..say r9-390's probably goes for the same price as a ONE Titan cube (assuming you have the rest to run it) and makes
probably 2x the $$$ at same power...(remember I'm doing 700mh at 4100watts vs you at almost the equiv getting say 4900 watts or some such it would be?)

But have been telling folk if they need to mine the GPU card with ethereum is less risk at this point in time UNLESS they (with my advice) can hack together
a used knc 4/6port card ..get a clone titan bridge..and a pi (hacked controller 225 vs 550 usd on ebay) and a cube at say 450 bucks)..the only advantage to that
is to add cubes...

but much easier to run a GPU rig 1 card at a time then chuck out 2.5k for a titan used (i tripped over a new unused titan for 1,750 usd on ebay....probably a corp
loss due to the knc class action ..ie never used on the misguided belief it would help their class action) ...but again it is different a FLUKE.... IF you have titan units and get
parts or stuff bit by bit you can keep going ..vs a GPU card setup and ethereum with the warranty on the card (new) and same result $$ wise at the end of the day

again all above depends on where you started from in all this ..ie got or want GPU cards (safe warranty) or if you have /got Titans used at a good price or still
minng them from 2014...

this may change with summer and btc halving (and ltc following btc in a yoshi like manner in price)

I expect 'cheaper' titan equip prices .this summer due to heat ...so GPU prices and Titan prices may just meet in the middle by about august.depending on how the halving shakes out

but really....unless you need the gpu's in the future for game rigs and/or the time...a person should probably just 'attic mine' you sell crap from your attic on ebay and
put it into the crypto of your choice....that is likely the only sensible home mining left..(again unless you need or have gpu cards in attic ..then ethereum works 2nd best)

me I'm running 3rd on the above..but hey 19 months and still going with the above $$$ and such can't complain

(I too should put up a small gpu rig but lack the time...and the hamsters in the Titans would get prissy and stop running in their hamster wheels in spite I'm afraid..they
are KNC products don't ya know and thus "EVIL"....)

I make double that  profit with 320 mhs (2x6gpu rigs R9-390s) on eth and it only costs me 2600 watts of power

how about 2nd 7990 or 7950 ? i found very cheap price but the guarantee is over. only personal guarantee for 7days

nano, 390 or 970, all second hand, do not purchase new stuff now, or you would lose a great value on resell

because new gpu are coming, price would probably be cut in half

Mining LTC. Eguip (Titans ...I got a 3rd one) will be ROI'd in 1 month (I lost 5 weeks in LTC to get 3rd Titan)

currently with all Titans mining LTC at 1000mh and some change ..14c kwh at 4100 watts. Below calc using 4.05 usd LTC.

free calc to all

www.litecoinpool.org/calc

I get this

30 days   313.00488281 LTC   1267.67 USD Total  413.28 USD Electric  854.39 USD Profit after Electric

So it still works IF you can find a Titan and IF you can keep the hamsters happy on the little wheel that makes it go round and round

There was a plan to transfer to PoS early next year, but it is delayed. So we may have a year to mine. The best card to mine is AMD R9 nano. but it is expensive.

So what is the best GPUs are to purchase for ethereum mining, how much time is left to mine ethereum?

I don't know because of the halving but i have only Scrypt ASIC so half of my power is mining in NiceHash getting BTC and the other half is mining LTC

 Should stay profitable for a while, but it comes down to how many A4 units Innosilicon sells over that 6 month period (they SHOULD start arriving next month for the "Partners" it appears) and if the Alcheminer folks get their Scrypt-2 project running by then.

 The other part to worry about on the Titans is that they are notorious for random cores dying, though MOST of the infant mortality problems with them should have gotten weeded out by now.