Post
Topic
Board Mining (Altcoins)
Re: Mining with GTX 1080 Ti
by
Undefined31415
on 25/08/2017, 07:52:13 UTC
I'm new to mining and I don't even know where to start so any help will greatly be appreciated. It's not a big rig or anything, I only have this one graphic card and I was wondering If I could generate any profit using it, the electricity here is not expensive so that won't be a problem I assume.

I would not assume that electricity costs will be negligible, I would go ahead and take the time to calculate an estimate. Keep in mind that you'll be running your system for only one card, which does reduce your efficiency. (Instead of 6 or more GPUs making use of the motherboard/CPU/etc., you only have one, resulting in a smaller proportion of your electricity use going towards hashpower.

If you are brand-new to mining and just want simplicity and payouts in BTC, NiceHash does the job, although it doesn't always use the best mining software available, and the fees are relatively high. The minimum payout thresholds are also quite a pain.

If you're new and ready to dive in and get a bit more involved, I'd recommend getting a Zcash wallet and using some Zcash miners so you can avoid the inconveniences of NiceHash. For example, EWBF's CUDA miner. (You can look for instructions on setting up a config file or a batch file/shell script.) Nvidia cards tend to shine more on Zcash, but you could also try your luck with Ethereum.