What kind of mining set up are you runnning?

Discussion in 'Blockchain & Cryptocurrency Mining' started by DarkStyle, Dec 11, 2017.

  1. dirkmirk

    dirkmirk Member

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    Mining:sick:.

    Is it possible to be an environmentalist and Mine cryptocurrencies?

    It's pretty sickening the industry sole purpose is distribution of coins.

    Burning fossil fuels for the sake of something that ultimately is so unproductive.
     
  2. aussie-revhead

    aussie-revhead Member

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    It doesn't distribute coins, it uses your computational power to validate transactions on the block chain while rewarding in coins.

    Maybe this isn't the forum for you, in fact your computer is using electricity too, better turn that off as well.....

    Lolol
     
  3. illdrift

    illdrift Member

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    I'm tempted to upgrade to an rtx if it can pay itself back somewhat at these prices heh :D

    Booted up nicehash again, getting a lowly $2usd a day on the gtx1070
     
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  4. Jaco

    Jaco Member

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    1660 super / 1660 Ti, 30-31mh at less than 95 watts at the wall a peice
     
  5. Jaco

    Jaco Member

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    I tell you though, switching everything over to ethereum directly over the past few days and "joining the crowd", FOMO for everyone with these price jumps and the difficulty increasing by the minute is showing some depleting results rather quickly

    Starting at about 5 eth predicted a month at 2 days ago, every few hours I check back it drops lower and lower as more people jump back on again

    5, 4.5, 4.2, 4.0, 3.9, 3.8 and down

    Screenshot_20210110-161937_Ethermine Monitor~01.jpg


    There's a etnhermine snap for those interested in bringing their own gear back up again
     
  6. dirkmirk

    dirkmirk Member

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    It doesnt distribute coins?:confused:

    The amount coins mined has nothing to do with the amount of traffic on the network.

    The whole history of block halving with BTC/LTC when their was next to no traffic yet the Bitcoin Blockchain was spitting out 7,200 coins a day, most people would consider that coin distribution.

    Whatever the case POW was considered a way for participants to earn Bitcoin and secure the network, the fees are a more important role for POW mining I agree as the supply is constantly dwindling.

    Not sure the point of your argument it's complete nonsense.

    How much in "fees" are miners "earning" in 2010 and the amount of Bitcoins given as reward compared to today it's big difference argument for the sake of argument clap clap.

    I guess the main point to my argument is mining is a waste of electricity and an outdated concept whos main purpose was coin distribution time has shown that you don't need POW to secure the network.
     
    Last edited: Jan 10, 2021
  7. Jaco

    Jaco Member

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    Read this evening, Oh boy..


    Screenshot_20210110-212755_QuickPic~01.jpg
     
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  8. im late

    im late Member

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    Last edited: Jan 15, 2021
  9. Jaco

    Jaco Member

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    The block rewards for Ethereum have dropped harder than Coles prices after the nice streak from last week
     
  10. Jaco

    Jaco Member

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    Put together a little rig this evening to start colocating since I've ran out of house power

    Turns out my colo monthly price equals to about 0.14c with this rig with the power it pulls (testing via nicehash profit calculator) -- and it has aircon, great net etc, go figure


    [​IMG]

    [​IMG]


    Utilizing an old Techmi case from acap with some EK Furious Vardar fans (from here) , Z270-A combo, EVGA PSU from DarkStyle, 4x 1080Ti / 2x 1080 etc etc

    Roughly about an additional 250mh/s for Eth. PSU cables and PSU power itself is pretty capped out, didn't really want to add a second PSU in and disrupt the airflow - especially to use all 8 GPU Slots

    Yes this case is originally designed to exhaust from the front, intake from the back - but I've been testing this case with some other cards for a little while and there isn't really an issue. Plus the AC comes up from the floor and this sits at the bottom of a rack. This would also be picked up immediately by people seeing that the case was racked backwards or exhausting hot air into the cold isle

    Cards average about 50c with 65% fan cap with isolated cold isle

     
    Last edited: Jan 28, 2021
  11. Myne_h

    Myne_h Member

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    How's the profitability going?
     
  12. Jaco

    Jaco Member

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    Little over 1 eth for me a week at the moment, so in theory about $330~ a day before electric
     
  13. Myne_h

    Myne_h Member

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    Wow. What's your hashrate?

    Are you Darkstyle 2.0?
     
  14. duck_boy

    duck_boy Member

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    He probably get around the 2.8 Gh/s.

    I get $36.60 US /day so my profit is

    47.19 - 0.25(24x700/1000)= $42.99

    I calculated based on 24h power drawn from grid. I have solar from 7am to 5:30 pm nearly every day this time of the year.
     
    Last edited: Feb 14, 2021
  15. Myne_h

    Myne_h Member

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    I hope you're solo mining with that hashrate.
     
  16. 426

    426 Member

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    2.8gh with 37ish net?
    you mean 370/day?

    (still a lottery to solo mine)
     
  17. duck_boy

    duck_boy Member

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    The 2.8GHs isn't my hash rate. I guessing Jaco hash rate. I only have 302mhs
     
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  18. Myne_h

    Myne_h Member

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    ahhh righto
     
  19. Myne_h

    Myne_h Member

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    It's not bad if you have ghs. I got lucky back in the day on ~150mhs.
     
  20. Jaco

    Jaco Member

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    I'm at 2.2-2.3 and last payouts were 1.07, 1.10, etc - it fluctuates depending on how the block rewards are going
     

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