Post
Topic
Board Announcements (Altcoins)
Re: ★★DigiByte|极特币★★[DGB]✔$250k Investment, DigiByte Gaming, #DigiByteTip, DigiSpeed
by
crazy-igzo
on 14/02/2016, 11:51:00 UTC
this is a lot to handle at once. I'll start reading before doing anything. for now I'm going to test every single possibility, then chose the best way. I have a vps to test on and I may try with ASIC, and I'm right now going to test my cpu mining and gpu mining.
I've crunched the numbers, partly because I was curious, and partly because I'm a nice guy who wants to lend a hand. Wink

At current rewards, in order to mine 5000 DGB with modern SHA-256 ASIC equipment, you'll need ~2.4 kWh. With modern Scrypt ASIC equipment you'll use ~7.5 kWh. And with the GPU algos (all very similar) you'll consume ~9.9 kWh.

As you can see, there is quite a bit of difference between SHA-256 and GPU, but whether that difference is enough to cover your fixed hardware investment or not, that is if you buy an Antminer or not and can reach ROI, for example, is up to you to figure out. Wink
The difference between scrypt ASIC and GPU is much less pronounced, but if you've already got a gaming rig set up, it probably won't take too much convincing to just use what you've got and get with installing and configuring your miner since we're only talking about 30-40 cents a day of difference.  Grin

Edit: I've always been in favor of rotating out SHA-256 and substituting it with a more widely distributed friendly algo BTW.

5000 is that the block reward? and the time frame? per day( 24h) or what ? and these calculation are bit too high don't you think ? I do nor have a perfect gaming rig, I do not consider it a gaming rig at all.
I have some old laptops that are no use to me but they still work, I may try to eliminate the display and why not the hard disk too, to minimize the electricity consume, I have like 4 2 (Pentium 4) and 2 (core 2 duo) I may use there cpu.( I have a electronic degree, that won't be a big of a deal)
without forgetting my nvidia.
I tried to do some calculation but, I had really big struggle with mining !! I downloaded the soft and followed the instruction, but my ind kept telling me that I'm not mining, so I changed to the websites that had worker thins so I started mining with there url etc.. and my worker status kept being inactive.
so I had no luck testing my stats.

Crazy, 5000 is a base figure to compare with. It is not the block reward and nothing was said suggesting such. Please read more carefully.

BTW, it's customary to quote the entire discussion, especially when there are items relating to to various parts of the discussion. We don't normally eliminate what you don't want to hear, and only quote what suits you.

If you have a laptop, you're going nowhere fast with mining. Sorry I misunderstood you when you said you were a gamer. Theoretically, you could mine with a CPU, but you'd be looking at maybe 5 DGB a day or so if you're lucky in practice, or, to put it another way, 1000 times less than my comparative figure to work with . . . so if you want to do a mining yield comparison with electricity use, you'd have to divide those kWh usages by 1000. Are you following that? The CPU's you mention are equally impotent - it's the graphic card that matters.

There's an OP, a website, a myriad of information in this same thread that can be searched, and Google (as I pointed out in a previous post). Get serious, will you? Or do you get your jollies wasting other people's time?

As for everyone who is serious, hopefully the time we've taken to post important informative information won't be completely lost and we'll remember where it is to post for future, more serious community members looking to get up and running in a knowledgeable manner.


I feel offended. you where the first person I told that I was new to all this, if you recall. and yes asking is 5000 was the block reward, was a dumb Question to you, but to me that was a great deal, I searched and searched for the block reward estimation but I couldn't find, maybe my research methods are not good or I don't know where to search. you can tell that my English is super bad, but one things is sure, I delver the point, I have said that I am a gamer and I'm going to say it again, I am a gamer, I never said that I play games with a laptop, I said I have 4 old laptops and not that the one I play with is laptop too, I quot:  "I have some old laptops that are no use to me". and I said "my nvidia". so if you read carefully, I never said that I don't have a gear? but I do not consider it as a gear cuz I would love to add more to it. I have an i7 Alienware desktop and GTX 960 with 2GB GDDR5 , I have 2 other old graphic cards that I used to play. so I can manage to make something up and I'm sure I can make something from those, as I said before, I have an electronics degree, and to be clear I am really serious about this. and all your information was a big help to me, I asked for help polity with all of you knowing that I'm new, I am sorry if I offended you in anyway without intention but I am a person of manner. and that replay of your's made me think about ever asking here again, I'm a newbie. and I'm proud to take steps in this field my knowledge about computer science is 1% or less. I'm trying, I really  really really appreciate your help so don't be an ass and jump to conclusions on your own. before I post, ask,replay I try to research.