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Showing 20 of 21 results by Newminer27
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Board Mining (Altcoins)
Noob question, how exactly do I mine the new coins on the announcement thread?
by
Newminer27
on 21/02/2018, 18:15:00 UTC
So Ive just built my first rig and am enjoying watching the profits roll in so far, but an idea struck me, what if instead of going for the most profitable coin at the moment, I were to use the rig to mine newer low difficulty coins which may not be profitable at the moment but just to be able to get a sizeable amount of total coins in a short time so if the value does moon some time later, Id be holding a good chunk of coin. Now I know the place to look for these coins is the altcoin announcement thread on here or coinmarketcap.com/new, however when I look at any of those coins there is no explanation or program for mining them? Im looking to find the mining programs for these newer low difficulty  coins.
Post
Topic
Board Mining (Altcoins)
Building rigs to sell on ebay might be the real pro strat... 8x 1050 rig $4.5k!
by
Newminer27
on 15/02/2018, 20:43:02 UTC
So if youve seen my posts in recent days you would know that I recently built a 5x GTX 1050 2GB rig and have a 980ti in the mail to max out my motherboard gpu slots. Now I know its a strange rig config but thats beside the point. I was just looking on ebay at prebuilt mining rigs and holy shit the prices people are paying for these are insane, even considering current gpu costs. Heres a link to a sold listing for an 8x 1050 rig that some idiot payed 4500 dollars for... https://www.ebay.com/itm/8-GPU-GTX-1050-Crypto-Coin-Mining-Rig-upto-100MH-s-1150sol-Zcash-Monero/152885781818?hash=item2398b3e53a:g:iWoAAOSwZoZaby-H

Now i know this rig has 2 more cards than mine, but one of my cards is a 980ti which is worth about  the same as 3 1050 2gb cards lmao. Maybe instead of mining Ill just start building rigs for resale haha. For context, my rig cost about 1200 dollars for all the parts.. this seems quite lucrative haha
Post
Topic
Board Mining (Altcoins)
Re: 980 ti is a hell of a mining card for the price in this current gpu market
by
Newminer27
on 14/02/2018, 01:53:25 UTC
If you are looking for a cheaper card with high hash rate and dont care about consumption I would look into the AMD R9 Fury (original fury not the X). Out of the box it does 450 sols just like a 1070 and you can find them for under $300 if you snoop around enough.

Thanks for the suggestion haha. I think I'll stick with nvidia tho, always preferred their products. And holy hell just looked it up, that R9 Fury pulls 400 watts fuuck. not worried about the consumption just would rather not have to spend a grand on power supplies to hook those bitches up lol. I dont think Ill be picking up any more older cards, and will likely wait til the next gen launch of nvidia cards before deciding what new cards to get.
Post
Topic
Board Mining (Altcoins)
Re: 980 ti is a hell of a mining card for the price in this current gpu market
by
Newminer27
on 14/02/2018, 01:32:14 UTC
980ti burn too much power to be profitable even at 0.05 cent and heat too much .. A good budget choice could be a 1050ti.

They are definitely quite profitable at my power rate lol... plus i will be limiting the power limit of course, and likely will stick with just the one 980ti for now as I dont want to upgrade my power supply yet and am waiting on next gen nvidia launch before I get my next cards. 1050ti is a pretty trash buy for mining at the moment... why do you think i put GTX 1050 2gbs in my rig instead of 1050tis? because 1050tis cost like 250-300 dollars now and 1050 2gbs go for 100-150. And 1050 ti gets a whopping 30 sol/s increase over the 1050
Post
Topic
Board Mining (Altcoins)
Re: Mining on laptop safe if fan is 67% and temps under 70c?
by
Newminer27
on 14/02/2018, 01:06:44 UTC
If you are going to do this at least remove your laptop battery so it doesn't explode.

lol. non removable battery fam. the fans are actually quiet tbh. im impressed with this laptops cooling, good temps and low noise. like i said im selling it soon anyway tho, i dont think itll shit the bed in a month or two.
Post
Topic
Board Mining (Altcoins)
Mining on laptop safe if fan is 67% and temps under 70c?
by
Newminer27
on 14/02/2018, 00:51:46 UTC
I made a post a while ago about how I was using my gaming desktop (GTX 1080) and laptop (GTX 1060) to mine, and was strongly advised against mining on the laptop. They said, if the fan was at 100% or close it wont last long. I stopped mining on my laptop for a little but now that I found a program that allows you to adjust fan speed on laptops (msi afterburner did not allow me to do so nor did it show the fan speed at all) (the program is called silent option fyi i believe it is only for MSI laptops tho) anyways, Im able to run my gpu at a minimum 67% fan speed while mining and still getting 68-70c temps. Also I will probably sell this laptop soon anyway as I really never use it for gaming (why would I when i have a kickass desktop lol) and id rather get a smaller more battery efficient laptop... and maybe another gpu for my new mining rig with the extra haha. I feel like the laptop will probably be fine for like a couple months max of mining before I get rid of it.
Post
Topic
Board Mining (Altcoins)
Re: 980 ti is a hell of a mining card for the price in this current gpu market
by
Newminer27
on 13/02/2018, 20:16:54 UTC
lol no its not a shill post. The other guy was correct in saying that I might not have made the right choice and better cards will be available soon. its really all a matter of this, im impatient, i wanted to get a good card, the 980ti although yes it is overpriced still, is a hell of a lot cheaper than any 1070 i can find and performs almost the same so i went for it. I probably wont actually fill my rig with 980tis, most likely gonna stick with just the one for now. and I know nvidia next gen cards are coming soon. but at this rate, good luck finding them at msrp, the motherfuckers gonna be sold out as soon as they launch. I dont see an end in sight for this gpu shortage... you just cant make enough money printing machines... I hope when the next gen nvidias come, pascal cards can be found cheap like this and i can get some cheap 1080/1080tis to throw in there. Or if by some miracle the next gen nvidias are readily available at msrp, ill grab some of those. I definitely want at least one for my gaming rig haha (currently running a 1080 in my gaming rig which i mine with whenever im not gaming lol)
Post
Topic
Board Mining (Altcoins)
Re: 980 ti is a hell of a mining card for the price in this current gpu market
by
Newminer27
on 13/02/2018, 16:19:43 UTC
I dont condone this fuckery, $370 for a 980ti?Huh?

I got all my 1070's for right around $300! And the 980ti is a major power hog compared to most cards, you are lucky with VERY cheap power but still.....

One other thing, you DO know these are crippled as of DAG 155 for Ethereum right? they hash less than a 1050ti now. I dont like the idea of buying what is realistically a pig of a card thats already crippled in some aspects.

If you are going to buy old power hungry cards you may as well buy $50 Radeon 7850's to mine Cryptonight with. $370 is just WAYYYYY too much for a 980ti. We are talking a 6 month ROI here, and who knows what will happen in the next 6 months, but certainly the next gen of Nvidia cards will drop.

where the fuck can you find a gtx 1070 for 300 dollars... thats way under msrp. I cant find a 1070 online for less than like 600 bucks.
also i dont mine ethereum... i mine zcash at the moment. it doesnt have any issues mining that
Post
Topic
Board Mining (Altcoins)
Re: 980 ti is a hell of a mining card for the price in this current gpu market
by
Newminer27
on 13/02/2018, 13:53:00 UTC
Post
Topic
Board Mining (Altcoins)
Re: 980 ti is a hell of a mining card for the price in this current gpu market
by
Newminer27
on 13/02/2018, 13:45:11 UTC
bump because the post title before edit was kinda meh
Post
Topic
Board Mining (Altcoins)
980 ti is a hell of a mining card for the price in this current gpu market
by
Newminer27
on 13/02/2018, 12:32:56 UTC
Hello, so im a mining newbie, and i know its not really the best time to get into mining right now with how crazy hardware prices are, but I am a fan of pc building and decided to get into it anyway. When ordering the parts for my first rig, I decided to go with 5 GTX 1050 2GB cards, scraping the bottom for viable mining cards I know... but they get a decent hashrate for the price. I bought these because every decent graphics card is in the stratosphere as far as pricing goes and I dont want to pay these ridiculous prices. However I just decided to get a 6th card to fill up my 6 gpu mobo, and I stumbled upon the 980ti, and while these cards are still overpriced atm, they are much cheaper than pascal cards and it looks to perform well. I watched a youtube vid and a guy was getting 420 sol/s on zcash with a 980ti... thats the same as a 1070 would hash and not too much lower than my 1080 in my gaming rig (purchased well before the gpu shortage) And heres the thing... I just picked up a used 980ti on ebay for 370 dollars. Compare that to the 1070 which gets almost exactly the same hashrate and is about double the price... Im now heavily considering picking up 5 more 980tis to replace the 1050s in my rig. I guess the main point of this post is the 980ti is an amazing value right now.... and I know what youre gonna say... it is less power efficient than pascal. Good thing I have very cheap power so thats hardly a factor haha.
Post
Topic
Board Mining (Altcoins)
Re: Mining on laptop a bad idea if the temperatures are 68-70c?
by
Newminer27
on 04/02/2018, 00:51:22 UTC
So I made a thread today about the new mining rig im building, but also that I am mining on my 2 gaming computers currently, my desktop 1080 and laptop 1060. People advised against using the laptop and normally I would agree as the first gaming laptop I owned got to the low 90s on the gpu, it was so bad I actually returned it to amazon lol. This current laptop however runs the gpu at an impressively cool 68-70c even with a high overclock (+125 core, +425 memory). Someone mentioned undervolting but I think it should be fine if the temps are good. correct me if im wrong lol

If fans are running at 100%, or close to 100%, it won't last long. Laptop fans are typically much smaller than the fans on desktop graphics cards, so in order to achieve similar airflow, they must spin at higher RPMs. This causes additional wear.

Laptops were not meant to be pegged 24/7. Removing it from the case and adding your own fan setup could make it a better plan, but I doubt it's worth it.

In general, if you have a laptop that's recent enough to offer a reasonable hashrate, and you don't mind gradually ruining it by mining, it's better to sell the laptop and put the money towards a real rig, or put it into coins.

good point I hadnt considered fan life... lol. I wont mine on my laptop anymore
Post
Topic
Board Mining (Altcoins)
Mining on laptop a bad idea if the temperatures are 68-70c?
by
Newminer27
on 03/02/2018, 23:22:09 UTC
So I made a thread today about the new mining rig im building, but also that I am mining on my 2 gaming computers currently, my desktop 1080 and laptop 1060. People advised against using the laptop and normally I would agree as the first gaming laptop I owned got to the low 90s on the gpu, it was so bad I actually returned it to amazon lol. This current laptop however runs the gpu at an impressively cool 68-70c even with a high overclock (+125 core, +425 memory). Someone mentioned undervolting but I think it should be fine if the temps are good. correct me if im wrong lol
Post
Topic
Board Mining (Altcoins)
Re: Just ordered the components to my first mining rig! low budget 5 GTX 1050 rig
by
Newminer27
on 03/02/2018, 21:39:11 UTC
Total cost was just over 1k. Not bad by my calculations this puppy will get 750 sol/s on zcash, netting 140 a month. Just over 3 month roi seems quite solid
So, in the US, 1000/140 = 3?

Lol yea i got the numbers wrong. Just checked the profit calculator again its actually ~170 a month for a little over 5 month roi lol.

Congrats I guess.  I think this was a terrible option but good luck, I hope it works out.  I guess there wasn't much to lose and maybe this can act as a proof of concept and self tutorial before wading in deep with $10k+ rigs.

What psu did you get?  Prob doesn't matter much with such a small rig but I'm curious.

Are you physically up and running yet?
I would have built a better rig but everyone got all the good gpus first. Fuck buying $1200 1080 tis. and the psu is an evga 750w G2. and no, i just ordered the parts last night its not up and running
Post
Topic
Board Mining (Altcoins)
Re: Just ordered the components to my first mining rig! low budget 5 GTX 1050 rig
by
Newminer27
on 03/02/2018, 17:57:08 UTC
Normally i wouldnt mine on the laptop for that reason. My last gaming laptop i had got really hot. However this one has surprisingly good cooling, even with a high overclock on the gtx 1060 inside, it doesnt go above 70c so i think im good.
Post
Topic
Board Mining (Altcoins)
Just ordered the components to my first mining rig! low budget 5 GTX 1050 rig
by
Newminer27
on 03/02/2018, 09:29:53 UTC
I went pretty low budget on this, all from ebay. I decided to go with GTX 1050 2GB gpus because they seem to have the best price to performance. I grabbed the cheapest 5 on ebay at the time from 130-150 a pop, a biostar 6 gpu mining motherboard, celeron g3930, a 4gb stick of ddr4, 60gb ssd, and a 750w evga psu. Total cost was just over 1k. Not bad by my calculations this puppy will get 750 sol/s on zcash, netting 140 a month. Just over 3 month roi seems quite solid, then its pure profit. and this is on top of the fact that im now mining my 1080 in my gaming rig whenever im not gaming and my 1060 in my laptop as well when its not in use.
Post
Topic
Board Mining (Altcoins)
Re: How much would i have to invest in a rig to make ~2k per month?
by
Newminer27
on 26/01/2018, 19:07:41 UTC
Even though these threads pop up more frequently than a bad Herpes flare up, I will say this is probably the most grounded one;  Asking what it will take to make a certain amount, instead of announcing you have a $60,000 bankroll and know nothing about about computers  Grin  But I digress.

A few things about this question.  First of all, does this house have a basement or a space to put this gear?  In my bedroom I have a 5 card rig and the heat is insane, noise was also insane until I broke down and bought 2 water coolers for my 1080s.  And this rig maybe makes me $30-$40 a day, just to give you an idea of the scale of economies you will need.  Before starting any venture like this, its good to know where you plan to put this equipment.  As far as electrical goes, I don't think you will need to start fucking around with the circuitry (unless the house is super old) and I definitely wouldn't tell your landlord.  He won't understand what you are talking about and will most likely panic.

2nd, with the GPU card shortage there is no way you will be able to acquire everything at once and hit the ground running.  It will have to start out slowly, which is good, because even if you are well versed in computers, I'm sure you have no experience trying to hook up 8 graphics cards to a single motherboard Smiley  And beyond that, it will take some time to learn the tricks do doing this cheaply, like buying an old HP server on ebay for 500 bucks or getting a 1200w server psu for $20.  I started my rig by buying all of the components from newegg and amazon.  I don't regret it because I also am using my rig as a personal computer.  But as I expand, I am now starting to figure out how I can install new equipment into a rack and better organize it.

On the same note as the GPU shortage, do not pay over retail for cards.  Your earnings will flucuate like high tide on a full moon.  All of my currency holdings have been cut in half since 3 weeks ago.  I'm not worried, but if I had been mining with a bunch of $1000 1080ti's my cheeks would be stretched right now.  You need to think of the resell value of anything you buy.  If I sold all of my cards today, I would make a profit, despite having used them for a year.  In 2 months they will be cheap again.  I got into mining at the height of the Ethereum craze.  At the time it was hard to find cards, then a month later there were nothing but articles about people selling their cards after Ether lost half its value.


Now to answer your question about the best way to go about this, there are different schools of thought.  By far your best bang per buck on a card basis would be the 1050ti.  You get about 45 of those running at once and you will make your $2k a month.  Of course as you have probably already thought, running 45 cards requires a lot of overheard with multiple motherboards and computer to monitor.  The equivelant would be about 10 or 11 gtx 1080tis, or around 15 or 16 1080s or 1070ti.   The larger miners favor the gtx 1080ti because they are more dense;  10 cards take up a lot less space than 45!    Your best bet would be to scour the internet and if you see any 1050ti and up at retail or below, buy it.  You are going to have to put this together piece by piece.

thanks for the info, so i have loaded up an ebay cart with a 12 gpu mining motherboard, the 12 cheapest "buy it now" 1050tis, 12 pcie risers, a celeron g3930, a 4gb stick of ddr4, a 60gb ssd, and an open air mining case. only thing i have yet to add is the power supply and im not entirely sure what power supply i will need for this lol. the total cost of my ebay cart is about $3400, and a profit calculator says that i should net 340 a month from this setup, not bad. maybe ill just start with this and then double or triple it once i get the hang of it. and yes there is an entirely empty room in my house i plan to put the rig.
Post
Topic
Board Mining (Altcoins)
Re: How much would i have to invest in a rig to make ~2k per month?
by
Newminer27
on 26/01/2018, 15:42:45 UTC
Yea i guess... i just have a lot of money sitting around and i want to make more but i dont want to get a job lol. Maybe a 1k/month rig would be more feasible? Idk. Id also like to avoid fucking witj the electrical if possible.
Post
Topic
Board Mining (Altcoins)
Re: How much would i have to invest in a rig to make ~2k per month?
by
Newminer27
on 26/01/2018, 15:13:43 UTC
Damn yea i really wish i bought a bunch of graphics cards a few months ago... what upgrades to the electrical would be necessary for this kind of rig? I live in a rented house so i dont really want to pay to upgrade my landlords electrical... also is there ANY possible way of scoring these gpus at msrp? I signed up to get notified when stock comes in from board partners but idk if it willl help.
Post
Topic
Board Mining (Altcoins)
How much would i have to invest in a rig to make ~2k per month?
by
Newminer27
on 26/01/2018, 14:34:04 UTC
I made a thread earlier today about making a rig with a bunch of gtx 1050s just because they seemed the most price/has efficient, but it seems kind of silly to me now. I have plenty of money, and i want to start making basically a living wage off mining. How much would i need to invest to mine 2k+ worth of coin per month? I assume at least 10k, which is fine i have the capital. And what card gives the best bang for your buck for this purpose? Gtx 1070? Im well versed in computers and could easily set it up myself, just getting some insight from you guys. Thanks.