NiceHash Miner.Most profitable and easy to use miner ...

Want to end GPU crysis? Here's the solution

I know that you're all angry about GPU crysis. First, let me introduce myself : I was a part of the PCMR but now I have no time to play anymore, and bad internet does not help. So I had my 290x layin' around and free electricity in my small student room. I was thinking, free electricity plus graphics card means money, so I started mining. I bought 0 graphics card. As you probably know, all the Ethereum miners have to share the benefits (even if they're not in a pool), the more miner there are, the less benefits you get. A lot of miners (not me) pay for electricity which has a fixed priced. If they don't make money anymore they will stop mining and sell their GPU. All you have to do is start mining when you're not playing. If all the PCMR community of the world start doing this, we can change things. If you're worried about electricity just turn off your heater, it's not wasted electricity if you use the heat.
submitted by Le_cutter to pcmasterrace [link] [comments]

Release : Bamt v1.6.0 - [Scrypt, Scrypt-N, DarkCoin, QubitCoin, MyriadCoin, and Quark]

Questions or Feature Requests

  • Please search first!
  • - DO NOT POST QUESTIONS HERE. MAKE A TEXT POST. <---
  • - THIS MAKES IT EASIER FOR FUTURE PEOPLE! :) <---
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Donations

  • Greatly appreciated! I am spending a lot of time on this. Donations make it easier to justify to myself and family.

  • VTC = Vy5xkGANcCdKWmHagTyWNRNzfC2D3f9zSG
  • DOGE = DKLrk9iYXaEqe3DJjoG6vkh97yZzTrwpCT
  • BTC = 1Ju4JCP4ifu4JWn6GdeWMc2g2zDTFQXHge
  • Or just let the mine point to the example pool for a while, the default addresses are mine.
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Installing Pick

  • Pick is an awesome version and build utility for miners.
  • Download and follow the instructions. Silly easy. Source
  • Thanks to zettahash for making this!
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Installing CGWatcher

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What is BAMT?

  • BAMT is a Linux live distribution made specifically for mining cryptocurrency.
    • Out of the box, it can mine Scrypt, Scrypt-N, DarkCoin, QubitCoin, MyriadCoin, and Quark!
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About BAMT

  • BAMT is designed with several goals in mind :
    • No installation; runs from a USB drive.
    • Go from assembled parts, to mining, quickly.
    • Very little configuration needed.
    • Multiple miners included.
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v1.6.0 New Features & Updates

  • New Features :
    • Added new miners!
      • Vertminer 0.5.2 "the kev"
      • Sgminer 4.0.0 "troky" - Scrypt-N Enabled
      • Sgminer 4.1.0 "sph - DarkCoin/QubitCoin/Quark"
      • Cgminer 3.7.2 "kalroth"
    • All miners and configs selectable from the bamt.conf file.
    • No need to set scrypt type flags inside the bamt.conf file.
    • Secondary USB drives now auto mount.
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General Details & Features

  • Driver Details :
    • AMD Catalyst 13.12
    • AMD APP SDK 2.9
    • AMD ADL SDK 6.0
  • Included Miners :
  • Monitoring :
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Setup

  1. Download Vertcoin BAMT v.1.6.0
    • MD5 : 4D141BEDA91C0845BD4ABB4F96FB163F
    • Mega.co.nz : here
      • This sometimes goes down. Be patient and wait.
    • Torrent : here
      • Please seed.
  2. Download Win32 Disk Imager or use dd.
    • Win32 : here
    • Write the .img file to a ~2GB or larger USB drive.
  3. Put the USB drive into your machine and boot up.
    • Connect via monitor or Remote Desktop in via your mine's IP.
    • You can find the IP via your network, or you can look on the desktop display of BAMT.
    • Default User Name = root
    • Default Password = live
  4. Select your miner and conf file inside /etc/bamt/bamt.conf.
     # Set to the config of your choosing. # CONFIG OPTIONS : cgminer_opts: --api-listen --config /etc/bamt/vertminer.conf # cgminer_opts: --api-listen --config /etc/bamt/sgminer-troky.conf # cgminer_opts: --api-listen --config /etc/bamt/sgminer-sph.conf # cgminer_opts: --api-listen --config /etc/bamt/cgminer.conf # Set miner over-ride if you want something other than cgminer. # MINER OPTIONS : # Vertminer 0.5.2 "the kev" # Sgminer 4.1.0 "troky" # Sgminer 4.1.0 "sph - aka - DarkCoin/QubitCoin/Quark" # Cgminer 3.7.2 "kalroth" # !! Set all to 0 for cgminer. !! miner-vertminer-thekev: 1 miner-sgminer-troky: 0 miner-sgminer-sph: 0 
  5. Update your selected miner conf file inside the directory /etc/bamt/.
  6. View your mining status.
    • You have a few options :
      • View standard dashboard at your miners IP address.
      • https://youripaddress/
    • View PoolManager dashboard.
      • https://youripaddress/cgi-bin/status-man.pl
      • Page is cool. You can change your pool and add new via Dashboard!
    • View the classic CGmineVertmineWhatever terminal screen.
      screen -r 
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Terminal Commands

Note : All commands assumed user has root permissions. 
Save & Reboot :
sync && coldreboot #Note : When making changes to a usb based system, you must run 'sync' to save to USB before restarting. 
Control Mining :
mine stop mine start mine restart 
Display GPU Status :
gpumon #Note : I like screen -r over gpumon. 
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Example Results

  • Setup :
    • GPU : Asus DCII 280x @ ~350-400 kH/s Vertcoin or 750-815 kH/s Scrypt
    • CPU : AMD Sempron
    • Memory : G.Skill Ripjaws Series 8GB (2 x 4GB)
    • Motherboard : Gigabyte GA-990FXA-UD3 ATX AM3+
    • PSU : (2) EVGA Supernova 1000w - (w/ add2PSU )
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Change Auto-Reboot

Change hours by changing the "#" - or - delete line to remove auto-reboot :
nano /etc/crontab 
Modify this line :
0 */9 * * * root /sbin/coldreboot 
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Oddities

  • Miner ID and Location :
    • miner_id & miner_location in bamt.conf must be lowercase.
    • miner_name may be upper case.
submitted by Bajawah to BAMT [link] [comments]

Zilliqa: A Game-Changer When It Comes To Blockchain Scalability

DISCLAIMER: I am in no way associated with the Zilliqa team. Neither am I a financial advisor, nor is this meant to be financial advice. Whatever follows, just reflects my understanding of the project, and my personal opinion on its future outlook.
Recently we have seen a lot of debate surrounding scalability of public blockchains, partly stemming from the CryptoKitties fiasco. CryptoKitties is an online game, created by Vancouver-based Axiom Zen, that allows users to purchase, trade, and breed digital kittens. Soon after its public release on November 28, the game took the cryptocurrency world by surprise, accounting for about 11% of total transactions on the Ethereum network, the blockchain that the CryptoKitties application is built on. The volume of traffic on the platform within the first week of its release was enough to put serious strain on the Ethereum blockchain, clogging the network, causing significantly slower transactions times and higher transaction costs for all the blockchain users.
Some may argue that having an application like Cryptokitties on the Blockchain is frivolous, since the application is a non-coin related gaming platform. However, I think that this is a great application of the Blockchain technology, and why the technology is so disruptive. In fact Ethereum Co-founder, Vitalik Buterin, himself tweeted in support of the application, emphasizing on the value that the blockchain technology brings.
So, maybe instead of asking the question: ‘Should we have an application like CryptoKitties on a public blockchain?’, we should really be asking the question: ‘Shouldn’t public blockchains be more scalable to real world application?’. The fact is that, as of today, blockchains are limited in their ability to scale, which some argue is the biggest technological barrier to global adoption of the technology.
WHAT LIMITS SCALABILITY OF BLOCKCHAINS?
Consensus protocols on existing public blockchains (Ethereum, Bitcoin, Neo, Ripple etc.) have a critical requirement for validation of transactions: every participating node on the network has to validate each transaction sequentially, and then store transactions on the ledger, a copy of which is maintained by each node. This requirement is what imparts, to blockchains, their key characteristic —‘decentralization’.
However, in such a decentralized system, as the number of transactions on the network increases (with, for example, blockchain adoption), the need for additional nodes, to process and store transactions, also increases. As the number of nodes on the network increases, the data for each transaction has to travel a lot more before being validated and stored by ALL the nodes on the network. Therefore, the network does not scale well as more nodes are added to the network due to the inter-node latency that increases logarithmically with each additional node. In effect, blockchain scalability reduces as the network size increases.
Public blockchain consensus protocols, that operate in this fashion, are forced to choose decentralization over high transaction throughput.
Today, approximately 900 distributed applications (dApps) are built on the Ethereum Network. With a transaction throughput of about 15 transactions-per-second (tx/s), Ethereum is barely capable of handling the current transaction volume, and would have to scale significantly to be able to handle the expected transaction volume in the near future. The Bitcoin network is even worse in terms of transaction throughput, processing only about 4 to 7 tx/s. Similar is the story for all the existing public blockchain platforms, with some being slightly more scalable than others, but all glaring into a future where blockchain transaction throughput could be a severe bottleneck, hindering mass adoption of the blockchain technology.
Researchers from the National University of Singapore (NUS) have founded a blockchain startup called [Zilliqa](https://www.zilliqa.com/). This new blockchain uses the ‘sharding’ technology, that is set to achieve Visa and MasterCard level transaction throughput of about 4000 tx/s.
HOW IS ZILLIQA A GAME-CHANGER IN THE DOMAIN OF PUBLIC BLOCKCHAINS
Zilliqa is a high-throughput public blockchain platform designed to scale to thousands of transactions per second. The reasons, I believe, Zilliqa stands out as a public blockchain platform suitable for global adoption are as follows:
HOW DOES ZILLIQA COMPARE AGAINST ITS 'COMPETITORS'?
Although Zilliqa’s team does not see the other existing public blockchains as competitors, and rather takes a more open approach towards them, facilitating a healthy environment of learning from each project and developing on it, I use the term ‘competitors’ here in the conventional sense to be able to compare Zilliqa head-to-head against the existing blockchains. The following comparisons are based on the information shared by Zilliqa’s team with the community.
Zilliqa versus Bitcoin:
Zilliqa versus Ethereum:
Zilliqa versus NEO:
Zilliqa versus EOS:
TEAM AND ADVISORS
Zilliqa’s team consists of highly renowned scientists, entrepreneurs and engineers with significant experience in the blockchain domain and cyber-security.
The Chief Executive Officer (CEO) of Zilliqa, Xinshu Dong, has a PhD in Computer Science from the National University of Singapore (NUS), and is a practitioner in building secure systems. He has led several national cyber-security projects in Singapore, and has extensively published his research in renowned international conferences.
Prateek Saxena is the Chief Scientific Advisor for Zilliqa, and has a PhD in Computer Science from University of California, Berkeley. He is a research professor in computer science at NUS, and has received several premier awards such as the Top 10 Innovators under 35 (MIT TR35 Asia) in 2017.
The advisory board of Zilliqa also includes the prominent names in the blockchain industry, like Loi Luu — Co-founder of Kyber Network, Vincent Zhou — Founding Partner of FBG Capital, Nicolai Oster — Partner at Bitcoin Suisse AG, and Alexander Lipton — Founder and CEO of StrongHold Labs.
PROJECT ROADMAP
The highlights of Zilliqa’s roadmap are as follows: * Zilliqa has already released public testnet v1.0 * Public testnet v1.5 release is scheduled for Q1 2018 * Public mainnet release is scheduled for Q2 2018 * dApps release scheduled for Q3 2018
Zilliqa has a very active roadmap ahead, with the biggest event being its mainnet launch.
PRICE SPECULATION
At the Token Generation Event (TGE), Zilliqa set the cap for contributors to 48,889 ETH, or US$ 22 million at a locked rate of US$ 450/ETH. Zilliqa’s tokens are called ‘Zillings’, or ZILs. ZIL price at the TGE was US$ 0.003877. Zilliqa has a finite supply of 21 billion tokens, of which only 60% (12.6 billion tokens) are generated at the TGE, and the remaining 40% (8.4 billion tokens) would be mining rewards over the next 10 years. The details on Zilliqa’s TGE can be found of Zilliqa’s official blog post regarding TGE.
The market cap of Zilliqa has grown from about US$ 22 million at the TGE, to US$ 49 million as of this writing, due to the increase in ETH price. Zilliqa’s public mainnet release is scheduled for Q2 2018. Considering the improvements Zilliqa’s public blockchain protocol adds to the technology in terms of performance, security and governance, and the experience and competence of the team behind the Zilliqa project, there is a huge upside on the price potential of ZIL.
In the short term, by the time Zilliqa’s public mainnet is released in Q2 2018, I think its market cap could easily be in the range of US$ 3 to 7 billion. With a circulating supply of 6.3 billion ZILs, this would mean ZIL price could be in the range of US$ 0.5 to 1.1, that is roughly 12,000 to 28,000% increase (120x to 280x) from the ICO price in US$ terms.
In the long-term, it is next to impossible to predict ZIL price with any considerable level of certainty, due to the sheer number of factors that could influence the growth and adoption Zilliqa’s public blockchain. Any attempts to make such predictions would be merely speculative, and should be considered so. However, it would be fair to say that for any public blockchain platform that is able to truly scale with global adoption, has a large developer community, is one of the preferred blockchains to host high throughput dApps, and does all of this in a decentralized and secure manner, having a market cap in excess of US$ 100 billion in the long-term would be a reasonable prospect.
The bottom line is that, for Zilliqa, truly, sky is the limit. And this is what makes Zilliqa’s future potential so exciting and worth keeping an eye on!
Full disclosure: I am invested in Zilliqa for the long-term, and I plan to buy more when Zilliqa trading goes live.
Hackernoon blog post: https://hackernoon.com/zilliqa-a-game-changer-when-it-comes-to-blockchain-scalability-4fb1c13b1b8a
submitted by nabeelmalik to zilliqa [link] [comments]

Release : Vertcoin BAMT

Questions or Feature Requests

What is BAMT?

  • BAMT is a Linux live distribution made specifically for mining cryptocurrency.
    • While it's called "Vertcoin BAMT", it will work with any Scrypt coin or coin using Vertminer. This name will be changed in the future versions.

About BAMT

  • BAMT is designed with several goals in mind :
    • No installation; runs from a USB drive.
    • Go from assembled parts, to mining, quickly.
    • Very little configuration needed.

v1.5.2 New Features & Updates

  • New Features :
    • Select CGminer or Vertminer in bamt.conf flag.
    • Select matching miner .conf file in bamt.conf.
    • Added BAMT Poolmanager
    • Appearence slightly tweeked to match FlatBAMT UI.
    • Standard dashboard still active.
    • GitHub - Thanks to Starlilyth!
  • Updates :
    • Stock .conf settings should run on 99% of hardware.
    • Terminal "mine" commands functional with all miners.
    • Shrunk file size.
    • Bitch'n new subreddit.

General Details & Features

  • Details :
    • Based on Litecoin BAMT v1.5
    • AMD Catalyst 13.12
    • AMD APP SDK 2.9
    • AMD ADL SDK 6.0
    • SGMiner 4.1.0
      • Note : It is called "CGminer" but it is in fact renamed SGMiner.
      • There is a bug with 290x and powertune. Fix is to switch to cgminer:
        mv /opt/miners/cgminer /opt/miners/sgminer; mv /opt/miners/cgminer3.7.2 /opt/miners/cgminer; mine restart; 
  • Added Features :
    • FlatBAMT UI
      • GitHub - Thanks to Wellsriley!
    • TheKev Vertminer 0.5.2
      • BitcoinTalk - Thanks to TheKev!
      • Note : Vertminer is still in /opt/miners if you want to put it back.
    • Auto-Reboot Cronjob
      • Keeps your machine running well 99.9% of the time.
      • Timer set for every 3 hours.

Setup

  1. Download Vertcoin BAMT v.1.5.2
    • Mega : here
      • This sometimes goes down. Be patient and wait.
    • Torrent : here
      • Please seed.
  2. Download Win32 Disk Imager or use dd.
    • Win32 : here
    • Write the .img file to a ~2GB or larger USB drive.
  3. Put the USB drive into your machine and boot up.
    • Connect via monitor or Remote Desktop in via your mine's IP.
    • You can find the IP via your network, or you can look on the desktop display of BAMT.
    • Default User Name = root
    • Default Password = live
  4. Change your "miner".conf file.
  5. Select your mining type in bamt.conf.
    • Comment out the one you are not using. ~line 112
      # cgminer_opts: --api-listen --config /etc/bamt/cgminer.conf cgminer_opts: --api-listen --config /etc/bamt/vertminer.conf 
    • Set the value to 1 if using Vertminer. ~line 118
      scrypt-adaptive-N: 0 <-- That value. 
  6. View your mining status.
    • You have a few options :
      • View standard dashboard at your miners IP address.
      • https://youripaddress/cgi-bin/status.pl
    • View PoolManager dashboard.
    • View the classic CGmineVertminer terminal screen.
      screen -r 

Terminal Commands

Note : All commands assumed user has root permissions. 
Save & Reboot :
sync && coldreboot #Note : When making changes to a usb based system, you must run 'sync' to save to USB before restarting. 
Control Mining :
mine stop mine start mine restart 
Display GPU Status :
gpumon #Note : I like screen -r over gpumon. 

Example Results

  • Setup :
    • GPU : (4) Asus DCII 280x @ 400 kH/s Vertcoin or 800 kH/s Scrypt - (going to add 2 more)
    • CPU : AMD Sempron
    • Memory : G.Skill Ripjaws Series 8GB (2 x 4GB)
    • Motherboard : Gigabyte GA-990FXA-UD3 ATX AM3+
    • PSU : (2) EVGA Supernova 1000w - (w/ add2PSU )
  • Note : My configs can be found in /etc/bamt/examples.

Change Auto-Reboot

Change hours by changing the "3" - or - delete line to remove auto-reboot :
nano /etc/crontab 
Modify this line :
0 */3 * * * root /sbin/coldreboot 

Oddities

  • Miner ID and Location :
    • miner_id & miner_location in bamt.conf must be lowercase.
    • miner_name may be upper case.

To-Do

  • Main Changes :
    • Clean up legacy code.
    • Update graph style ( responsive ).
    • Update Dashboard style ( responsive ).
  • Sync Up :
    • Roll changes into main BAMT BitBucket build.
    • Roll changes into PoolManager GitHub build.
  • Small Irrelevant Things :
    • None currently.

Tips

  • Greatly appreciated! This is eating a lot of time up. :)
  • VTC = Vy5xkGANcCdKWmHagTyWNRNzfC2D3f9zSG
  • DOGE = DKLrk9iYXaEqe3DJjoG6vkh97yZzTrwpCT
  • BTC = 1Ju4JCP4ifu4JWn6GdeWMc2g2zDTFQXHge
  • Or just let the mine point to the example pool for 30 min, the default is set to me. :)
submitted by Bajawah to BAMT [link] [comments]

[Build Help] Does PC Gamer Magazine have a good build?

http://imgur.com/a/5mAaF Sorry for potato quality.
Would this be a good build to follow? I want to be able to run games like skyrim on max graphics relatively smoothly (hopefully with some enbs and mods).
Don't worry about the monitor or keyboard parts, I'm only interested in the computer.
Thanks!
submitted by LukeIsAGod to buildapc [link] [comments]

Crypto Gui Miner - official thread and support

This is the official thread for support and development of CryptoGuiMiner! Please any suggest, criticize and praise.
I see that there are a lot of questions and different answers on forums on the subject of mining cryptocurrencies. So now… which cryptocurrency should you be mining and how? For beginners and people with no knowledge of cryptocurrencies, the biggest issue are the very basics like adjusting the settings which can be complicated and hard to figure out. If you want to start mining, it must be way more complicated than just a few clicks! Or is it? So you don’t have to bother, lose time or God forbid adjust something wrongly, there is an interesting piece of software that helps you and does everything automatically for you. I’m writing this because I myself am using this software and can confirm that it is definitely the best solution for everyone who is new in the world of cryptocurrency mining.
The program is called Crypto Gui Miner and it you can download it from https://cryptoguiminer.com/ (Crypto Gui Miner | Free Easy GPU Mining Software Application)
The main thing which makes this program so special and what sets it apart from the others is the simplicity and automatic set-up function. There is even a calculator on their website that will calculate which cryptocurrency is the most profitable to mine, depending on the graphics cards that you use.
When you run the program, it will automatically recognize the graphics cards that you are using and adjust the settings so that it mines the cryptocurrency that is the most profitable. You also have a nice and clear display of temperature and other useful data such as hashrates, estimated monthly earnings in US dollars or Bitcoin, monitoring for tracking results via mobile phone, etc. All you have to do is insert your wallet address so you can dafely save the currency you are mining directly into your wallet (and it is saved automatically). The best place for creating your wallet is the official website of the cryptocurrency that you wish to start mining. Of course, you always have control over what and when you will be mining.
You can also enter more than one wallet into the program, so the program will mine the currency that is the most profitable at that time. However, if you only wish to mine one cryptocurrency, then just click on the button “Force” and the chosen cryptocurrency will be mined regardless of the others.
In short, don’t focus on mining Bitcoin, Litecoin, Ethereum or other currencies that are difficult to mine and you need hardware of 100+ thousands of EUR. Focus on currencies that can quickly be mined and monetized, converted into cash or for buying other cryptocurrrencies or if you plan to invest them in the long run. Just download the program, choose one or more currencies for mining, insert your wallet and that is it. No complicated settings, losing time, uncertainties etc.
Currently availible GPU (version v1.4 ):
GTX 1080 TI GTX 1080 GTX 1070 TI GTX 1070 GTX 1060 GTX 1050 TI TITAN X GTX 980 TI GTX 980 GTX 970 GTX 960 GTX 780 GTX 750 TI Vega 64 Vega 56 RX 580 RX 570 RX 480 RX 470 R9 390 R9 380 R9 280X R9 200
Currently availible Coin/Algo ( version v1.4 ):
Ferrum Coin (skein) Ravencoin (x16r) Virtus (tribus) MkT Coin (x17) Argo (skein) Curve Coin (skein) Luxcoin (phi) Verge (x17) Desire (neoscrypt) Garlicoin (allium) BitcoinZ (equihash) Infinex (lyra2z) Taler (lyra2z) Absolute Coin (lyra2rev2) Orbitcoin (neoscrypt) Solaris (xevan) Bulwark (nist5) Verge (lyra2rev2) Mona Coin (lyra2rev2) Zencash (equihash) DigiByte (skein) Nihilo Coin (neoscrypt) GoByte (neoscrypt) Bitcore (timetravel10) TrezarCoin (neoscrypt) Ethereum Future (nist5) Stipend (c11) Bitcoin Gold (equihash) Zcash (equihash) Innova (neoscrypt) CrowdCoin (neoscrypt) Coin2Fly (neoscrypt) Zclassic (equihash) Phoenixcoin (neoscrypt) Ethereum (ethash) Halcyon (neoscrypt) Vivo (neoscrypt) Denarius (tribus) Elephant Coin (xevan) Feathercoin (neoscrypt) Tune Coin (neoscrypt) Electroneum (crypto-night) Graft (crypto-night) Verge (blake-2s) Lizus (skein) Monero (crypto-night) DinastyCoin (crypto-night) Bash Coin (skein) XHimera (xevan) Lbry (lbry) CropCoin (neoscrypt) Bithold (c11) Folm (phi) Jolt Gas (c11)
Changelog
v 1.0 - initial version
v 1.1 - new feature: email notification when changing minign coin - improved hashrate for some algorithms - improved stability
v 1.2 - added custom mining profile for advanced users, select miner and enter cmd in format -o stratum+tcp://POOL:PORT -u YOUR_WALLET -p x - improved stability
v 1.3 - added support for x16r algo
v 1.4 - notification for pool which don't support profit check api - improved stability
submitted by cryptoguiminer to gpumining [link] [comments]

Crypto Mining with Crypto GUI Miner app

This is the official thread for support and development of CryptoGuiMiner! Please any suggest, criticize and praise.
I see that there are a lot of questions and different answers on forums on the subject of mining cryptocurrencies. So now… which cryptocurrency should you be mining and how? For beginners and people with no knowledge of cryptocurrencies, the biggest issue are the very basics like adjusting the settings which can be complicated and hard to figure out. If you want to start mining, it must be way more complicated than just a few clicks! Or is it? So you don’t have to bother, lose time or God forbid adjust something wrongly, there is an interesting piece of software that helps you and does everything automatically for you. I’m writing this because I myself am using this software and can confirm that it is definitely the best solution for everyone who is new in the world of cryptocurrency mining.
The program is called Crypto Gui Miner and it you can download it from https://cryptoguiminer.com/
The main thing which makes this program so special and what sets it apart from the others is the simplicity and automatic set-up function. There is even a calculator on their website that will calculate which cryptocurrency is the most profitable to mine, depending on the graphics cards that you use.
When you run the program, it will automatically recognize the graphics cards that you are using and adjust the settings so that it mines the cryptocurrency that is the most profitable. You also have a nice and clear display of temperature and other useful data such as hashrates, estimated monthly earnings in US dollars or Bitcoin, monitoring for tracking results via mobile phone, etc. All you have to do is insert your wallet address so you can dafely save the currency you are mining directly into your wallet (and it is saved automatically). The best place for creating your wallet is the official website of the cryptocurrency that you wish to start mining. Of course, you always have control over what and when you will be mining.
You can also enter more than one wallet into the program, so the program will mine the currency that is the most profitable at that time. However, if you only wish to mine one cryptocurrency, then just click on the button “Force” and the chosen cryptocurrency will be mined regardless of the others.
In short, don’t focus on mining Bitcoin, Litecoin, Ethereum or other currencies that are difficult to mine and you need hardware of 100+ thousands of EUR. Focus on currencies that can quickly be mined and monetized, converted into cash or for buying other cryptocurrrencies or if you plan to invest them in the long run. Just download the program, choose one or more currencies for mining, insert your wallet and that is it. No complicated settings, losing time, uncertainties etc.
Currently availible GPU (version v1.4 ):
GTX 1080 TI GTX 1080 GTX 1070 TI GTX 1070 GTX 1060 GTX 1050 TI TITAN X GTX 980 TI GTX 980 GTX 970 GTX 960 GTX 780 GTX 750 TI Vega 64 Vega 56 RX 580 RX 570 RX 480 RX 470 R9 390 R9 380 R9 280X R9 200
Currently availible Coin/Algo ( version v1.4 ):
Ferrum Coin (skein) Ravencoin (x16r) Virtus (tribus) MkT Coin (x17) Argo (skein) Curve Coin (skein) Luxcoin (phi) Verge (x17) Desire (neoscrypt) Garlicoin (allium) BitcoinZ (equihash) Infinex (lyra2z) Taler (lyra2z) Absolute Coin (lyra2rev2) Orbitcoin (neoscrypt) Solaris (xevan) Bulwark (nist5) Verge (lyra2rev2) Mona Coin (lyra2rev2) Zencash (equihash) DigiByte (skein) Nihilo Coin (neoscrypt) GoByte (neoscrypt) Bitcore (timetravel10) TrezarCoin (neoscrypt) Ethereum Future (nist5) Stipend (c11) Bitcoin Gold (equihash) Zcash (equihash) Innova (neoscrypt) CrowdCoin (neoscrypt) Coin2Fly (neoscrypt) Zclassic (equihash) Phoenixcoin (neoscrypt) Ethereum (ethash) Halcyon (neoscrypt) Vivo (neoscrypt) Denarius (tribus) Elephant Coin (xevan) Feathercoin (neoscrypt) Tune Coin (neoscrypt) Electroneum (crypto-night) Graft (crypto-night) Verge (blake-2s) Lizus (skein) Monero (crypto-night) DinastyCoin (crypto-night) Bash Coin (skein) XHimera (xevan) Lbry (lbry) CropCoin (neoscrypt) Bithold (c11) Folm (phi) Jolt Gas (c11)
Changelog
v 1.0 - initial version
v 1.1 - new feature: email notification when changing minign coin - improved hashrate for some algorithms - improved stability
v 1.2 - added custom mining profile for advanced users, select miner and enter cmd in format -o stratum+tcp://POOL:PORT -u YOUR_WALLET -p x - improved stability
v 1.3 - added support for x16r algo
v 1.4 - notification for pool which don't support profit check api - improved stability
submitted by cryptoguiminer to cryptomining [link] [comments]

AMD 18.2.2 VS Radon Block Chain Drivers?

Can someone help me figure out what drivers to use for my R9 280x Bitcoin GPU miner?
Currently running 5 rigs and each ones tends to "prefer" a different driver. I'm using AMD 17.7 on my R9-290x R9-580x Combo / AMD 15.1 on the R9-280x Rig and 18.2.2 on the other R9-280 rig.
submitted by decalglobal to Amd [link] [comments]

EtherMining with CryptoGUIMiner

This is the official thread for support and development of CryptoGuiMiner! Please any suggest, criticize and praise.
I see that there are a lot of questions and different answers on forums on the subject of mining cryptocurrencies. So now… which cryptocurrency should you be mining and how? For beginners and people with no knowledge of cryptocurrencies, the biggest issue are the very basics like adjusting the settings which can be complicated and hard to figure out. If you want to start mining, it must be way more complicated than just a few clicks! Or is it? So you don’t have to bother, lose time or God forbid adjust something wrongly, there is an interesting piece of software that helps you and does everything automatically for you. I’m writing this because I myself am using this software and can confirm that it is definitely the best solution for everyone who is new in the world of cryptocurrency mining.
The program is called Crypto Gui Miner and it you can download it from https://cryptoguiminer.com/
The main thing which makes this program so special and what sets it apart from the others is the simplicity and automatic set-up function. There is even a calculator on their website that will calculate which cryptocurrency is the most profitable to mine, depending on the graphics cards that you use.
When you run the program, it will automatically recognize the graphics cards that you are using and adjust the settings so that it mines the cryptocurrency that is the most profitable. You also have a nice and clear display of temperature and other useful data such as hashrates, estimated monthly earnings in US dollars or Bitcoin, monitoring for tracking results via mobile phone, etc. All you have to do is insert your wallet address so you can dafely save the currency you are mining directly into your wallet (and it is saved automatically). The best place for creating your wallet is the official website of the cryptocurrency that you wish to start mining. Of course, you always have control over what and when you will be mining.
You can also enter more than one wallet into the program, so the program will mine the currency that is the most profitable at that time. However, if you only wish to mine one cryptocurrency, then just click on the button “Force” and the chosen cryptocurrency will be mined regardless of the others.
In short, don’t focus on mining Bitcoin, Litecoin, Ethereum or other currencies that are difficult to mine and you need hardware of 100+ thousands of EUR. Focus on currencies that can quickly be mined and monetized, converted into cash or for buying other cryptocurrrencies or if you plan to invest them in the long run. Just download the program, choose one or more currencies for mining, insert your wallet and that is it. No complicated settings, losing time, uncertainties etc.
Currently availible GPU (version v1.4 ):
GTX 1080 TI GTX 1080 GTX 1070 TI GTX 1070 GTX 1060 GTX 1050 TI TITAN X GTX 980 TI GTX 980 GTX 970 GTX 960 GTX 780 GTX 750 TI Vega 64 Vega 56 RX 580 RX 570 RX 480 RX 470 R9 390 R9 380 R9 280X R9 200
Currently availible Coin/Algo ( version v1.4 ):
Ferrum Coin (skein) Ravencoin (x16r) Virtus (tribus) MkT Coin (x17) Argo (skein) Curve Coin (skein) Luxcoin (phi) Verge (x17) Desire (neoscrypt) Garlicoin (allium) BitcoinZ (equihash) Infinex (lyra2z) Taler (lyra2z) Absolute Coin (lyra2rev2) Orbitcoin (neoscrypt) Solaris (xevan) Bulwark (nist5) Verge (lyra2rev2) Mona Coin (lyra2rev2) Zencash (equihash) DigiByte (skein) Nihilo Coin (neoscrypt) GoByte (neoscrypt) Bitcore (timetravel10) TrezarCoin (neoscrypt) Ethereum Future (nist5) Stipend (c11) Bitcoin Gold (equihash) Zcash (equihash) Innova (neoscrypt) CrowdCoin (neoscrypt) Coin2Fly (neoscrypt) Zclassic (equihash) Phoenixcoin (neoscrypt) Ethereum (ethash) Halcyon (neoscrypt) Vivo (neoscrypt) Denarius (tribus) Elephant Coin (xevan) Feathercoin (neoscrypt) Tune Coin (neoscrypt) Electroneum (crypto-night) Graft (crypto-night) Verge (blake-2s) Lizus (skein) Monero (crypto-night) DinastyCoin (crypto-night) Bash Coin (skein) XHimera (xevan) Lbry (lbry) CropCoin (neoscrypt) Bithold (c11) Folm (phi) Jolt Gas (c11)
Changelog
v 1.0 - initial version
v 1.1 - new feature: email notification when changing minign coin - improved hashrate for some algorithms - improved stability
v 1.2 - added custom mining profile for advanced users, select miner and enter cmd in format -o stratum+tcp://POOL:PORT -u YOUR_WALLET -p x - improved stability
v 1.3 - added support for x16r algo
v 1.4 - notification for pool which don't support profit check api - improved stability
submitted by cryptoguiminer to EtherMining [link] [comments]

New to Monero and mining. Where to start?

Hey guys! I am an owner of some fraction of a Bitcoin for a month now, and know how the basic stuff work around it, but not much in general, also I have no knowledge in mining whatsoever. I am also completely new to Monero, started reading the sub today, but I want to start mining it, and I hope this post will give me some kickoff to the moonero (sorry if that pun is used a lot, but it came to me funny, shoot the ero to the moon too).
So I acknowledged that there are two general types of mining I can choose, solo mining and pool mining.
For solo mining I guess they are split between single and full nodes? This way is not much efficient but a good way to support the currency. By not much efficient, what numbers do we talk about (in XMR per time)?
I am more interested around mining pools and I like to know, even thought it is better to constantly switch pools to prevent a monopoly (I guess), what are the best pools currently for Europeans? Is it Dwarfpool, minergate, monerohash, coolpool.io, or something fifth? Which have the lowest fees, and which are the most respected in the community?
What miners do you suggest, I got an AMD, but even for Nvidia, what is generally the choice of a miner for each. I heard about Claymore, is that the way to go, where do I get the official version?
Lastly for wallets, is the new GUI wallet a decent option in general?
Now, for my personal mining I want to just test how it goes on my R9 280x, i7-2600, which I am really not sure how much I would produce on and even be profitable because I have not done the calculations, but if you have some numbers, let me know. The KW/h rate for me is $0.11. If I upgrade myself soon, what is a good budget miner build, by budget I mean something around $500, but please do suggest best options from any range also.
Any other additional tips would be greatly appreciated!
Thank you in advance guy & sorry for typos, I am pretty dead atm, so I would gladly read replies tomorrow morning if there are any!
tldr; what miner and pool should I use?
submitted by appwizcpl to Monero [link] [comments]

Newegg and 280x pricing increase

So whats with newegg rising the prices for 280x? Are the bitcoin miners to blame or what?
submitted by pantiesnatcher to buildapc [link] [comments]

$500 build pc - already own gpu

What will you be doing with this PC?
I have an extra gpu (r9 280x) just sitting around and i dont want to sell it but use it to mine bitcoins with NiceHash Miner.
What is your maximum budget before rebates/shipping/taxes?
$500 rough budget - I want this to be a good build and if it needs to cost more that it okay,
When do you plan on building/buying the PC? Note: beyond a week or two from today means any build you receive will be out of date when you want to buy.
ASAP
What, exactly, do you need included in the budget? (ToweOS/monitokeyboard/mouse/etc)
Which country (and state/province) will you be purchasing the parts in? If you're in US, do you have access to a Microcenter location?
If reusing any parts (including monitor(s)/keyboard/mouse/etc), what parts will you be reusing? Brands and models are appreciated.
I already have a GPU, mouse, keyboard, monitor
Will you be overclocking? If yes, are you interested in overclocking right away, or down the line? CPU and/or GPU?
Are there any specific features or items you want/need in the build? (ex: SSD, large amount of storage or a RAID setup, CUDA or OpenCL support, etc)
Do you have any specific case preferences (Size like ITX/microATX/mid-towefull-tower, styles, colors, window or not, LED lighting, etc), or a particular color theme preference for the components?
Do you need a copy of Windows included in the budget? If you do need one included, do you have a preference?
Extra info or particulars:
no
submitted by RIPYelps to buildapcforme [link] [comments]

Video card compatibility conumdrum

I currently have an El Capitan desktop Hackintosh that's running great. Everything was plug and play, no messing about with kexts. It's using an AMD R9 280X gpu.
I want to get an Nvidia GTX 1060 for my Windows partition. It's incompatible with my OSX install, though.
I know OSX supports multi-gpu by treating each GPU independently. And I know Windows supports having one Nvidia card and one AMD card and specifying one as the primary (Bitcoin miners used to do this).
Does OSX support something similar where I can have both cards installed but only one is "on"? With boot flags maybe?
submitted by Seref15 to hackintosh [link] [comments]

Small (non Vega) AMD rant.

AMD has faced a gpu shortage already 4 times in recent era:
-once during the bitcoin craze, mostly 280x cards.
-again on the 290 line up (those cards still mine like crazy)
-another time on the fury line up, almost two months of sold out cards.
-first polaris gen had a mid cycle shortage too
It's understandable why does that happen: AMD has no foundries so they rely on third party partners. Those partners produce chips on contract and have multiple orders from various chip makers. Once they produce a certain amount of chips AMD needs to get in queue and submit a new order. Those things take time.
So why am I ranting?
I'm ranting because there are always cries due to market share, ecc, yet AMD's not able to grab more marketshare (and money) due to their bad calculations.
There's no denying that miners bought hundreds of thousands of cards, but this has already happened for each generation of amd cards safe for Tonga.
Was it so hard to increase the order? It wouldve helped AMD regardless due to lower MSRP and it wouldve led AMD to gain a lot of market share and mind shar from the competition.
Now vega comes and there are many rumours telling us that volumes will be VERY low for months (regardless of the fact it looks like the worst architecture in a decade, even worse than Fermi).
AMD needs to step up this aspect of their business asap.
submitted by ep1939 to Amd [link] [comments]

380x vs 280x?

The 280x seems to perform drastically better in some games than the 380x, and is near impossible to find without buying from some bitcoin miners on ebay,but my question here is why?
submitted by KillKid20095 to pcmasterrace [link] [comments]

For all the old school gpu mining ppl, I was offered these. Worth the price for at mining ?

Copy paste:
2x avalon gen2 btc asics
1x saphire 290 gpu that sometimes artifacts
1x coolermaster 1200 watt power supply w/ most accessories
1x sesonic 1250 watt psu with most acces
2x aluminium frames that will hold 2 mobos and 8 gpus
3x gigabyte ga-990-fxa-ud3 mobos
2x asus 280x gpu w/ aftermarket fans
1x sapphire 280x gpu w/ 1 seized fan
1x gigabyte 280x gpu
1x sapphire toxic 280x with 1 dead fan
4x 4gb vulcan ddr 2133 ram
1x 4gb vulcan ddr 1600
1x crucial 2gb ram
1x hyperx 2gb ram
6x bitcoin usb miners
4x asrock 970 extreme 4 mobo
2x msi twin frozr 7950 gpu
3x msi twin frozr 7950 gpu with 1 bad fan
1x sapphire 7970 gpu w 1 bad fan
25x laptop harddrives. 160gb to 320gb. seagate, wd, samsung 4x thermaltake 1200 watt psu
13x athalon or sempron am3+ cpus
4x viking 4gb 10600 ram
1x 4gb hyperx blu ram
1x gskill 4gb pc3-14900 ram
2x pny 4gb ram
7x gridseed dual ltc/btc miners
4x gridseed blade ltc miners
1x xfx 290 gpu
1x sapphire 290 gpu
1x msi 280x gpu
1x msi 290 gpu w 1 bad fan
2x sapphire tocix 280x with 2 of 3 bad fans
1x sapphire toxic 280x with 1 bad fan
1x saphire vaporx w 1 bad fan
3x asus f2a85-v pro mobo
1x saphire 290 gpu
1x asus 290 gpu
1x asus 290x gpu
1x evga nex 650 watt psu
1x rosewill lightning 1300 watt psu
3 untested 280x gpus
1x td-link 8 port gigabit switch a shit ton of cables and accessories (cat 5, extention, motherboard, etc)
Asking 3500
submitted by sixt5 to BitcoinMining [link] [comments]

Used Hardware and warranty

About the time video cards were becoming not competitive doing Bitcoin mining, Ebay filled up with cheap second hand cards as the miners unloaded their rigs to recover some of their investment and contemplate their ASIC future. These cards had been running flatout for months and were considered pretty sketchy hardware, so they went cheap. I went looking for a bargain, and bought a 280X for $150.
Thing was, I bought an MSI, knowing that MSI supports warranty from the day of manufacture, and doesn't care who the owner was/is. Months later, running PVP WOW sessions at max quality it started bluescreening. I could run it fine if I dialed the quality back a step and frankly I couldn't tell the difference but it wasn't supposed to do that. No doubt it's prior life getting flogged as a Bitcoin slave hardened up some thermal interfaces. After verifying several times that I could induce a bluescreen at will just pushing up the settings and jumping into a 40 man PVP fight - off it went to the warranty doctor.
Today I got a new one in the mail. :o) MSI is a great company.
submitted by Antiquus to hardware [link] [comments]

I'm a GPU miner, I've been in the game for over a year. I've invested over 40 thousand into GPU mining. This is why I think we will survive.

It all started back in 2013, April 17th was my official 'up and running smooth' date. I remember coming across crypto back in around February of 2013, for some reason I hadn't heard about it before then really. Bitcoin here in Canada was starting to show up in the news a bit and some friends had dabbled a bit in buying the crypto themselves.
At first I wasn't concerned with bitcoin, I barely even read about it - not knowing what use it really would have till I took the time to really read into it. Once I read into it further, I found this whole new world unravel before me. I saw a world where my fiat was worthless in a sense, the money itself was 'worth' something but the uses were limited; bitcoin and alts seemed to really allow me to express my beliefs and who I am as a person. Crypto means progress and freedom to me - fiat on the other hand means limited control by the holder of the fiat and full control for the governments/bankers, I do not own my fiat, the governments own the fiat, these bills I have are government issued and I cannot do with them as I please, to destroy them is a felony, with crypto I can do as I please, I don't have to turn it in if the government wants 'it back' because they never had it in the first place, it's no theirs, it's mine.
I had a friend who had invested $500 into bitcoin, they were cashing out in April for around $6000. A $5500 profit. They used that money to quit their job, buy a old camper van, suit the camper van up like a mobile home and live out of it now basically. They also bought a empty trailer attachment that they're building a home on so they can travel around the country doing what they love, for this individual they love music and have been in record label bands before but didn't care for it.
I thought this was amazing. I decided in march that I would buy two 7950's and start mining litecoin. I mined litecoin with the two cards and eventually did some day trading of the ltc. The day trading ended up costing me $7000 profit since my account got locked out when I sold my iphone which had the 2factor authentication app code and the app didn't transfer to my new iphone 5s that I had purchased and the 4s was reset to factory settings since I had to sell it right away to pay for some of the cost of the 5s. (side note: don't assume iTunes backs up the 2 factor authenticator apps codes!!) my trading account had a lock for a week where if I didn't login for one week the admin would take off the 2 factor authentication and allow me to sign in with just my password.
During that week litecoin skyrocketed and my coins I had from day trading plummeted. I ended up with $1700 roughly in btc instead of around $9000. However I still made enough money to pay for the power and for the two cards. I already had the cpu/ram/mobo/psu.
All in all it was a learning experience and I broke even/slight profit in a 8 month mining period.
I decided it was time to expand and go big. After having friends on the trading exchanges chat rooms, I discussed my expansion operation. Some of my crypto online buddies have gpu farms. One having 126 rigs(3 cards per rig) around 378 cards total, mostly 280x's and a few 7950's(used to all be 7950's).
my buddies stated they were not concerned with asics. For one at the time I wanted to expand, no asics were out yet, all rumors. For two, my buddies had the hashing power and had their stuff paid off. For three, we all thought that asic companies will not be able to manufacture asics cheaper than AMD/nvidia can manufacture gpu's. If anything amd/nvidia will make mining cards that work better than their current GPU's and make them explicitly for mining. The cost of ram is very high and GPU makers like amd/nvidia have the cash flow to purchase the memory chips and gpu dies. ASIC companies cannot compete with the demand that amd/nvidia have from their consumers, the manufacturing companies simply cannot tell amd/nvidia that they need to slow down shipments of chips to them because other companies like asic companies want to buy the memory for their applications. The long term ties amd/nvidia have with these manufactures means that they'll always be getting the best rates and the products first for their applications.
For forth, ASICS we thought will not be able to adapt very well to changes in the coins code that they mine. with a stroke of a keyboard, a dev can destroy the asic community.
For fifth, we thought devs on coins that are to last long term, will most likely want GPU miners to always be profitable. Seeing as ASICS become obsolete so fast(new ones every 3-5 months now days that can obliterate your old asics hashing profitability). Consumers mostly own GPU's, they'd be more willing to buy a higher end GPU even if they didn't play games a lot, just because they knew they could make the electricity bill at the least while supporting crypto and not having to worry about what would happen once GPU's become obsolete. Consumers are weary of asics, they're strange things, they're not useful for other purposes that a consumer can generally utilize(unless they are into mathematics at MIT or something and do computational stuff..)...asics just aren't practical for the every day crypto consumer.
Bitcoin is potentially totally different than scrypt in many ways. Not just algorithm based but the way its rolled out.
ASICS hit bitcoin and wiped out GPU's/cpu's, GPU's went to scrypt, scrypt started to become profitable and now has become very profitable much like bitcoin. However GPU's now have scrypt-n/jane that ASICS can't currently mine, and for the above reasons where I mentioned amd/nvidia being the kings of manufacturing, myself and other gpu farm miners don't believe that ASICS will be overthrowing GPU's entirely in the long run. If anything the scrypt coin community is going to get tired of asics and their threat to the 51% attacks and adapt the coins to be asic resistant.
I've got 46 280x's going. I run one of the most power efficient rig setups that I've ever seen in north america and I recently just expanded from a 13 card setup to 46, I'm here to stay and GPU's are here for the long run. My mining farm friends are not too concerned and they're currently mining away on ltc and wdc. I would be as well but unfortunately since my expansion I need to make some money right now to pay things off, however I am holding some wdc and ltc for the long run from previously mining on the 13 cards I had before expanding.
Don't forget that years from now btc and other alt coins will potentially be worth more in fiat. However to me, crypto is worth more than the fiat value. I own it, the government doesn't own it, and I plan to keep mining for years to come to keep supporting our networks.
Happy mining!
submitted by phi0x to gpumining [link] [comments]

Getting into dogecoin

I have known about bitcoins for a while now and am finally get into doing somthing with them. I want to start doge mining. I have got my wallet and everything and have joined and pool and are using cgminer. I have gotten 0 doge coins so far and have a VERY low hashrate on their website. It says I have a 0.05 hashrate and sometimes it goes down to 0. I am using the GPU miner with my r9 280x. My setting for the miner arecgminer.exe --scrypt -o stratum+tcp://stratum.netcodepool.org:4093 -u x -p x --thread-concurrency 4096 -I 10 -g 1 -w 256
Is this normal or what.
submitted by purpleflyingspacecow to dogemining [link] [comments]

SHA256 with ASIC compared to Scrypt with GPU

this is the very basic for latecomer always doesn't understand.
i keep seeing they insist on mining bitcoin with SHA256 ASIC, i know its fun, its fun to see you generate money out of thin air, but thats not how we do it today because SHA256 ASIC era are gone, its very expensive playing field right now, if you insist want to mine some bitcoin, you should start mining using GPU! why?
lets calculate profitability of your SHA256 ASIC, and lets make it really easy by assuming some factor :
now go here you will see you will get 1 BTC in about 75 days right now (see the 2nd column from the rightmost), this value is not correct since it does not account for difficulty increase within 75 days, bitcoin difficulty are increasing about 35% in 2 weeks, thats about 70% per month, you will see the correct calculation is here which you will never get 1BTC within a year, and after 6 months your ASIC doesn't generate bitcoin anymore
now lets compare it to GPU miner for Scrypt mining, which i use realistic assumption here
now go here, you will see that on the most profitable coin (first row) you will get 1 bitcoin for about 30 days (its 45 days faster than SHA256 ASIC), how about difficulty increase within these period, this factor is not as scary as bitcoin, lets see difficulty chart for LTC here, you will see that the diff is up and down, by calculating the data history for 1 year, you will get that LTC difficulty increase is about 3% per month on average (this is 25x smaller than bitcoin difficulty change rate), so coinwarz data is not too much way off here by not take into account of difficulty increase
TL;DR;
note: this calculation are made in worst case scenario for GPU compared to best case scenario for bitcoin ASIC
thats just prediction and calculation, things will go wrong right? lets see the report from my own GPU mining rigs here, see 2nd sheet (RIG1-Report), this is my earning report day to day in BTC (already running since december 2013), my rigs cost about 2000$ (this is 2nd hand 6x AMD 7970 for 4.2MH/s) and will ROI within 50 days from start if my calculation are correct
submitted by uraymeiviar to BitcoinMining [link] [comments]

GPUs will make a comeback to mining, and in doing so, will destroy the security of the Bitcoin network

The reason why Bitcoin is relatively secure right now is because the cost to mine is extraordinarily expensive.
Why is it so expensive? Not because of the cost of the silicon, or even really the cost to manufacture, but because the only use of an ASIC is for mining SHA-256 cryptocurrencies such as Bitcoin. When people pay up to $15,000 for an ASIC miner, they're paying for all the time and effort that went into it.
But consider this: What if mining machines become multi-purpose? In particular, what if GPUs return to the fore as competitive mining machines?
Now I know what you're thinking; you're thinking 'You fool, GPUs will never come close to the efficiency of an ASIC'. But the thing is, they don't need to be. They only need to be cheap, since the purchase cost of an ASIC greatly outweighs its electricity cost.
A 'CoinTerra AIRE' ASIC slated for release in March this year will cost $2499 and do 4500 GH/s. Now taking into account a number of factors like electricity cost and rate of value depreciation, I'd estimate that for a $200 GPU to be competative, it needs to do about 225GH/s - an improvement of 375x on current hardware. Impossible you say? Well, the hash rate of nVidia GPUs has improved by ~70-80x in just a few years, without any intentional focus towards Bitcoin: 5.66 MH/s 8600GT to ~414 MH/s GTX 960.
The nVidia GTX 780ti is a top of the line card currently priced at $440 and it does 0.5 GH/s, yet an Ati 280X which costs just half the price does at least 0.7 GH/s.
Ati cards have always displayed better performance in mining, but why? I'm no expert on the technical details, so I'll only say what can be deduced and is relevant: GPU designs can be altered to increase efficiency/performance when it comes to Bitcoin mining - this is a proven fact from the Ati/nVidia difference!
So far, these chipset makers have no doubt been focused on improving gaming performance. But what if they realize that there are many people who will buy more of their GPUs if they have the added benefit of good mining performance, as in 2011? Surely it wouldn't be too difficult or expensive to rearrange things a bit or slap a few things on - If a bunch of amateurs can create ASICs, how difficult could it be for a multi-billion dollar company to improve the hash rate of their GPUs at minimal extra end cost to the consumer? Or what if gaming just naturally tends more towards GPUs having better hash rates?
When this happens, Bitcoin will have a security crisis on its hands. There are millions of people with mid or high level graphics cards. In Q1 2014, AMD and NVidia sold a combined 14 million add-in boards. But let's be conservative - let's use the publically available Steam data, which says that yesterday there were a peak 8.3 million concurrent users online. Steam's hardware survey says about 65% of these are not mid or high level cards, so 0.35 x 8.3 mil = 2,905,000 people with decent AMD or nVidia cards who are conscious users (i.e. not office workers) at a certain time of day. For those 2.905 million gamers to launch a concerted and sucessful 51% attack on the network, their GPUs would only need to do on average 57.14 GH/s. If $200 GPUs were to be doing 225 GH/s, the entire number of ASICs throughout the world would be no match!
If you want a 'tl;dr' then go listen to Fenton or Shrem egg you on to buy or something - stay in your little dreamland while the price falls like a rock
submitted by Buy_My_Bitcon to Bitcoin [link] [comments]

Getting Started with a GPU mining rig to mine X11/X13 or scrypt ASIC's to mine scrypt altcoins

Hi, I would start mining altcoins X11 and X13 algorithm, the graphic card that i would start are 4 sapphire R9 280X (they have need 230 watt to one) with seasonic power supply, 4GB ram and a cheap sempron processor. By that I understood from October to Gennuary-Febbruary the price of cryptocurrency improve as happened for bitcoin litecoin..... 12000 Mh/s X11 , 9333 Mh/s X13. But when i try to calculate the profit with http://www.coinwarz.com/calculators it shows me that I'll lose money my cost eletricity is 0.24 euro I want mine the debutting X11 or X13 altcoins and trade them for bitcoins.
But given the calculate, the my last resource is the scrypt ASIC's to mine the new scypt altcoins. I would try a http://www.gawminers.com/hosted-the-fury-1-3-mh-s-asic-scrypt-miner-week-four-end-of-day-of-6-16-2014/ and if it's a good ASIC's i would buy more powerfull ASIC's
What i've to do? The GPU or ASIC's given mi elettricity cost? Is there another solution? Do you have advice? Please answer me, i've to start.
submitted by ARMANDO888 to CryptoCurrency [link] [comments]

1450+ Kh/s Litecoin Rig x2 R9 280x (GV-R928XOC-3GD) X2 GIGABYTE R9 280X mining rig BBT Episode 10: 6x R9 280x TOXIC Mining Rig! Over 4.6 M ... X2 Sapphire R9 280X mining rig 2 x Radeon 280x R9 3GB  Cgminer 3.7.2  Low Temp Config  1.2 Kh/s  Litecoin Bitcoin

When running, NiceHash Miner is connected to NiceHash platform and NiceHash open hashing power marketplace. Buyers select the algorithm and the speed while users or miners running the NiceHash Miner software fulfil that order by mining (hashing) - providing computing power to the network and get paid in Bitcoins. NiceHash Latest News. guides & tutorials. 23 Oct 2020. What are accepted and ... Invest now and get relaxed because we will set your share with our Bitcoin mining hardware. Few steps and you can start mining with us. Hardware Setup. We establish and manage free hardware setup within day for you. And we manage your investment share and free hardware setup during this time. We will add your daily mining gain in to your account. Profitable Contract. The Ant Mining Cloud ... Bitcoin Halving und der Bitcoin-Kurs. Das Bitcoin Halving findet in etwa alle vier Jahre, in BTC-Zeit gesprochen alle 210.000 Blöcke, statt. Dabei halbiert sich die Belohnung, die Miner für erfolgreich geschürfte Blöcke bekommen. Das nächste Halving stehtam 12. Mai an, die Miner-Belohnung verringert sich von 12,5 BTC auf 6,25 BTC. Damit ... As common as it is in Bitcoin Mining, it is far to risky to be carried out over reddit. No verbal abuse. If you don't have anything nice to say, it's best not to say anything at all. Remember, we were all newbies once. Mining isn't exactly a trivial venture. No Referral Links. No Amazon/eBay referral links. No mining pool referral links. No mining contract referral links. No referral links ... AMD R9 280X Specifications : Clock Speed : 1000 MHz; Memory Bandwidth : 288 GB/s; ... amd cards for mining AMD R9 280X Hashrate bitcoin energy consumption cryptonight gpu CryptoNightV7 Mining Hashrate gpu hashrate gpu hashrate ethereum lbry coin mining mining decred pascal coin mining R9 280X CryptoNightV7 sibcoin mining z cash miner. Leave a Reply Cancel reply. Your email address will not be ...

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1450+ Kh/s Litecoin Rig x2 R9 280x (GV-R928XOC-3GD)

Bitcoin Mining Rig 5x Radeon HD7950 ферма для майнинга биткоинов обзор / review - Duration: 3 ... X2 Sapphire R9 280X mining rig - Duration: 0:22. Booger 2,928 views ... The other hardware came out of an old Litecoin mining rig. ASUS M5A97 EVO R2.0 motherboard, AMD Sempron CPU and two MSI R9 280x Gaming 3G graphics cards. Buy Bitcoin, Ethereum or Litecoin on Coinbase: Mining rig example running CGminer with Low Temperature 73 degrees, only losing approx 100 k/hs from 1.4 to keep temp at a lower rate. Category People & Blogs I currently get 619 MHash/s out of it maxed out Quick update on the new Bitcoin mining rig that I built. Get $10 free on Coinbase when you spend of sell more than $100: https://www.coinbase.com/join/54bb23...

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