How I Make ~0.002 BTC (~$5.65 as of 10-June-2017) Every Day
- Thread starter Jack
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Made a bit of sence not just enough though, so does someone actually 'use' my computer when it's 'mining'? Is there any risk in using it btw?
The absolutely only thing that could shorten the life of your graphics card or components is cooling. Use MSI After burner and limit the power consumption to 80% and put a fan near the side of the computer (open it) if you really want to be sure it will not harm the card at all.
That's the only possible damage or harm to your parts.
As for if someone is using your computer. They are to a extent. The card is not being used by the renter, but rather being pointed.
The renter doesn't take your pickaxe and go mining for you. It just explains "Hey I need you to go do this math" then you go off and do some math and earn shares / get paid. Nobody has any control over your computer. Your computer just gets pointed to address or places.
Nobody has ever had any problems in the history of crypto mining with this. There has never been any leaks, viruses, nor any other threat. It is 100% safe.
Like I said though, just use MSI after burner and watch the temp, 70c is normal for the GTX 1080 under full load so I'll normally watch it. Using a fan I can keep it at 59c under full load at 80% power, 90 core clock, and 650 memory clock.
I use gtx 970 what would u suggest for that
You don't know how the market works do you.
Prices rise, then they crash. You are going to get the graphics card dirt cheap from someone who wants to liquidate and get out of the mining and since there is an abundance of people doing the same the prices are going to get really fucking low here in the next month.
Get ready to buy a 1080 at 300-400 if you can find the right places.[DOUBLEPOST=1500213124][/DOUBLEPOST]
I would say 80% power and you can leave the clock and mem as you wish. If you want to then you can go to about 90 and 450 on clock and memory. I set mine to 75 at night on power.
Keep the graphics card cool as always though.
Keep in mind that even though it will say you are only making 0.69 a day, it's the same amount of Bitcoin. Price is just crashing at the moment. But keep in mind that once it rises again, which it always does, you will have the bitcoin to sell at high.
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oh okay
but im wondering is it even worth it? wont it cost more in power bill than you earn?
I know how the market prices works and I know they will go down but smh when they will? The next year or some shit Im not waiting,
There's literally nobody in my city who would sell high end gpus simply because no one have any or no one cares.
You'll pay 8.64 USD each month extra on the power bill. IF YOU RUN IT EVERYDAY ALL DAY FOR A MONTH STRAIGHT.
You'll make profit of 49.38 USD. With the CURRENT bitcoin price of 1800 or so.
It's worth it. Even if you just bought 8.64 of BTC each month, it's another $50 under what you could be missing out on.
Once the crash happens and it takes its course you will see it rise. And you WILL make profit.
Thanks ill consider getting started soon then !
Those of you living in the UK, this really isn't worth it as the price per kWh is way too high as well as BTC being worth relatively little at this time.
Currently mining with a GTX 980, I would make around $0.95 a day and with my personal price per kWh being the equivalent of $0.20, I would simply lose money doing this however, this can change depending on the price of bitcoin in the coming months.
Nevertheless, this is a great tutorial for those looking to start mining, great job Jack.
Currently mining with a GTX 980, I would make around $0.95 a day and with my personal price per kWh being the equivalent of $0.20, I would simply lose money doing this however, this can change depending on the price of bitcoin in the coming months.
Nevertheless, this is a great tutorial for those looking to start mining, great job Jack.
yea I don't understand.. I give up ;p[DOUBLEPOST=1500227867][/DOUBLEPOST]wait so how much $$ do I earn a day with a 1060 graphics card.. like 3 dollar per day?[DOUBLEPOST=1500227937][/DOUBLEPOST]If anyone can help me with this shit, I would offer 20% of what I get each week.. until I stops.
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Not really sure what happened to my notifications, maybe something to do with MC-Market going offline?
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Right now, using Nicehash, a 1060 would make you $1.30 per 24 hours, running the DaggerHashimoto algorithm.
However (I talked about this in my update - I did it with ZCash/Equihash) considering ETH has fallen so low (~$400 down to ~$200), you may want to directly mine (in a pool of course!) Ethereum, so that way when the price comes back up to $400, it will be like you were making $2.60 per 24 hours all along, instead of $1.30. That's under the assumption you're maintaining it in ETH, and not transferring to BTC every week.
Your computer is being used to "solve" a math problem. Plexiate gave a very good analogy, but I just want to add that your computer is basically just making guesses, doing a bit of work based on the guess, and then repeating until accepted.
Yeah, I guess it really all depends on where you live. Maybe run an extension cord from your neighbor's or a street lamp when nobody's looking
.You can use this webpage to figure out what people with similar hardware are currently profiting: https://www.nicehash.com/?p=calc
Right now, using Nicehash, a 1060 would make you $1.30 per 24 hours, running the DaggerHashimoto algorithm.
However (I talked about this in my update - I did it with ZCash/Equihash) considering ETH has fallen so low (~$400 down to ~$200), you may want to directly mine (in a pool of course!) Ethereum, so that way when the price comes back up to $400, it will be like you were making $2.60 per 24 hours all along, instead of $1.30. That's under the assumption you're maintaining it in ETH, and not transferring to BTC every week.
Click on the various CPUs and GPUs to view other benchmarks.
For CPU there is only 1 benchmark.[DOUBLEPOST=1500668158][/DOUBLEPOST]
https://www.nicehash.com/?p=calc
Go to Custom and manually input the hashrates you got in your benchmarkings.
Or just find the algo with the highest BTC/day, and multiply that by whatever BTC's price is ($2600 right now).
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