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Showing 20 of 44 results by Randey Lahey
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Board Mining (Altcoins)
Re: PhoenixMiner 5.5c: fastest Ethereum/Ethash miner with lowest devfee (Win/Linux)
by
Randey Lahey
on 08/03/2021, 15:03:25 UTC
I just uninstalled NiceHash and will never use them again. Lost $10 doing so (below their minimum withdraw limit) but not interested in supporting them in future. Small loss

I did too, but I haven't used it for months, basically only the first week and a half that I ever mined.  Nicehash isn't too bright if this was a ploy against PM, as it's going to have the opposite effect in that many now will not trust NH.
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Topic
Board Mining (Altcoins)
Re: GPU mining - Am I better off inventing time travel?
by
Randey Lahey
on 04/03/2021, 15:20:16 UTC
Eth is paying $0.0847 an mh

To all the bears play some shorts.

Myself I will mine.

Yah, with existing cards, or are you one of the dummies paying double for new cards?  You never answered before...what were you saying in 2018?  Same as what you're saying this time?  Endless bull?
Post
Topic
Board Mining (Altcoins)
Re: GPU mining - Am I better off inventing time travel?
by
Randey Lahey
on 04/03/2021, 14:13:09 UTC
No matter what, I agree with this guy that you are an idiot to overpay for a new video card to mine right now:

https://www.pcgamer.com/as-gpu-shipments-rise-analyst-cautions-it-would-be-foolish-to-buy-one-for-mining/

People are delusional if they think this is going to last forever i.e. tools predicting a $10K ETH price.  The powers that be will never allow that to happen.  Miners are a TINY minority of the population and therefore a TINY percentage of the voting public.
Post
Topic
Board Mining (Altcoins)
Re: Newbi First Miner Need Help With Hive OS
by
Randey Lahey
on 03/03/2021, 14:07:54 UTC
Are you saying the higher the normal gpu temp the higher the memory temp? I don't believe that pal just because you are running under 60°C temp doesn't mean your memory temp isn't high

Uh, yes.  Do you not understand how fan speeds and GPU heat dissipation works...pal?  My particular card has the same excellent cooler as the 3080/90 version of the Ultra XC3, and the 3070 uses a lot less power to begin with.  On my Sapphire Pulse 5700XT that I have running in another system, I can see the memory temp.  When I reduce the card temp with increased fan speed/open air ventilation, the memory temp drops right away.  This is simple thermodynamics. 

Do you seriously believe that there's no benefit going from 60C to 44C card temp on the memory???  Go ahead and run it at 60C and see how long the card lasts.  I'm not taking stupid chances like that for 3 reasons:  what I paid for it, how hard it is to get another card, and the fact that the 30 series is new and nobody has ANY long-term data on how they perform, other than to know that the 3080/90 throttle because of high GDDR6X memory temps (not the same memory as the 3070).
Post
Topic
Board Mining (Altcoins)
Re: Newbi First Miner Need Help With Hive OS
by
Randey Lahey
on 03/03/2021, 03:12:32 UTC
Hi, I just started mining today with a 3070 Founders edition. Here are my results:

https://i.imgur.com/hEvBU4e.png

https://i.imgur.com/PcNNAPv.png

So after watching tons of youtube videos and stuff I have managed to come this far. but I have a few question. First. Is this good for 3070?

2nd, I randomly selected those preset overclock and running with it but what I want is the following. I want my card to be very safe to maybe resell after few years or at least use it for my own gaming, basically I dont want my card to die so I need suggestion to change overlock settings. I want the card not to run very hot, I dont want my fan to get destroyed by keeping it 100% also I don't see any option to limit the temp in hive os like we have in afterburner. Power consumption isn't a big deal to me so you guys can go ham on that as I'm running it on free electricity. So suggest me some good overlock settings with best possible hashrate. Also Im getting a lot of rejected shares so I don't know what went wrong.

3rd, The top right side on first image its saying ethhash its stuck at 60mhs and the chart/curve isn't moving. why?

4th. Why is my gpu is only being used 31%? isn't it suppose to be 100%??

5th how can I see my fan speed? its on auto atm but can I not see it how fast is it in auto?

Sorry to bombard you guys with so many question, I have very little knowledge about these techy things and I created this miner just by watching youtube videos but youtuber doesn't answer everything. Hope you guys can help.

Thank you.

I have my EVGA XC3 Ultra 3070 set at: PL 52%, Core -502, Memory +1150, 124W, fan 55%, 44C GPU temp.  I get 61.2 MH/s, zero rejected shares after 3 weeks running now with PM 5.5c.  This is my main gaming card, so I'm going to baby it.  I wouldn't run it at 60C as you have no idea what the memory temp is.
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Topic
Board Mining (Altcoins)
Re: Miners in panic mode
by
Randey Lahey
on 02/03/2021, 14:30:45 UTC
Honestly I planned for 1 year and half for make back my invested money on GPUS, anyone who think less than this is a greedy fellow who thinks money can grow on trees, if they panic sell well it's all good and if ethereum mining starts showing good sign few months time maybe they will take their eye off mining finally lol

I paid my Sapphire Pulse 5700XT off already in 3 months.  I only paid $375 USD new for it though back in early November.  My EVGA XC3 Ultra 3070 ($629 USD) is already about 25% paid for too, but I'm keeping them anyways for gaming, so it's all bonus cash to me.
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Topic
Board Mining (Altcoins)
Re: GPU mining - Am I better off inventing time travel?
by
Randey Lahey
on 02/03/2021, 14:21:40 UTC
we need the bull run to top next year, like the end of 2022. these folks keep on dreaming of bear market.

a good "fake beginning of bear market" will shake out a good bunch of them hehehe  Grin

History does have a way of repeating itself, and I'm willing to bet there were plenty of 'bear-market deniers' back in 2018 too.
Post
Topic
Board Mining (Altcoins)
Re: Ethereum mining reward shrinking
by
Randey Lahey
on 01/03/2021, 20:28:47 UTC
guys, market will be very unprofitable in 1 month because of difficulty, ASIC and EIP-1559, sell your rigs and get out while you can.  You will get a premium for your hardware and you can buy into the amount of coins you would have mined anyways with your profits! Price of electricity is not cheap and many of you who are just getting in have not figured that out yet and will be stuck with a heavy bill on top of expensive hardware which has lost a big portion of its use! Sell your rigs to uneducated miners who are just like you and do not know what they are getting themselves into, don't get caught holding the bag!

I'm mining on my gaming PCs, so I don't plan on selling any cards anyways, especially considering how hard they are to get.  I already have a 3070, 5700XT and and a 1660 Super.  It's certainly still profitable right now (power is only about 10% of my cost) although it is dropping daily now.  Buying new, incredibly overpriced cards right now to mine ETH would be dumb, you're right.
Post
Topic
Board Mining (Altcoins)
Re: Ethereum mining reward shrinking
by
Randey Lahey
on 01/03/2021, 16:31:18 UTC
No it means the pool has been unlucky

So maybe I should switch pools?  Everything I've read and watched says to go with the highest hashrate pool and to stick to PPLNS.  That viabtc pool isn't an option for me as it's in Germany (I'm in Canada).  It shows that it's PPS+, PPLNS, and SOLO (on Miningpoolstats).  Can it be all 3 at once?
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Topic
Board Mining
Topic OP
Ethermine APP not reporting payout time properly?
by
Randey Lahey
on 01/03/2021, 15:42:06 UTC
So I recently switched my wallet address on Ethermine (right after I was paid out to my wallet) and noticed now in the App on my Samsung phone that the payout date doesn't seem to be changing.  Before it would always calculate 'payout in 7 days' and show the meter filling as it got closer.  Now it has no meter (after almost a week of mining to the new address) and it hovers up and down around 10 or 11 days.  I usually get paid out about 0.07 ETH every week.  My unpaid balance is still growing normally, but what's up with the App?
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Topic
Board Mining (Altcoins)
Re: Ethereum mining reward shrinking
by
Randey Lahey
on 01/03/2021, 15:39:06 UTC
Currently the reward per block is 2 ETH + fees, and as you can see here the fees are representing 50% or more in the reward:
https://etherscan.io/blocks

Fees remain very high, but the hashrate continues to rise at a speed never seen before:

https://i.postimg.cc/tT8VyFdd/hr-436-x-182.jpg

I admittedly still don't fully understand the way fees/difficulty works, but what I have seen the last week is my 'daily estimated' profit in Ethermine drop from about 0.008 to 0.0055, even though the price has rebounded somewhat, this keeps going down.  Does that not just mean that my profit is about half what it was?
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Topic
Board Mining (Altcoins)
Re: Ethereum mining reward shrinking
by
Randey Lahey
on 01/03/2021, 15:35:03 UTC
What are trolls? Humans like you? This makes you a troll too, anyways we have different reasons why we build mining rigs, I personally build one for monthly income of which the money is going to a funding project ( not crypto project ), also I'm mining with the sun so even if a card gives 1$ only it won't stop me from mining

I always hear this 'I'm mining on solar, so it's free' argument.  That's only true if you are 100% off the grid and store your power in batteries, or you live in a place that doesn't pay you for your excess solar power.  If you bought panels specifically for mining and they are only hooked to that, there is a huge sunk cost that needs to be amortized against profits. 

There are MANY opportunity costs to mining that miners always seem to conveniently forget/deny.  If you spent $3,000 on GPUs and equipment for example and you have a mortgage or any other interest bearing debt, you could have used that money to pay down debt instead.  You need to calculate present and future value, not just blindly add up profits.  I'm not saying it isn't profitable, but it's not as profitable as many make it out to be especially IF you're buying cards specifically for mining (i.e. not just using already bought gaming GPUs).
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Topic
Board Mining (Altcoins)
Re: ok, GPU on the way, any help building the rest of my gaming/mining rig (canada)
by
Randey Lahey
on 23/02/2021, 14:08:05 UTC
The smart buy right now is the Intel 10600KF.  $259 CDN on Newegg, and it's the equivalent (and a little faster in gaming) of the 5600x.  I have a B550/5600X, but if I was buying right now, I'd get the 10600KF as it's almost $400(!?) cheaper than the 5600x.  I'm no fanboy either way.  I had an i5 4670K and after a lot of years with Intel, I switched to the 3600 and now 5600X, but I paid $400 CAD for that.  I paid too much with the price of the 10600KF right now!  

For GPU, keep an eye on Memory Express.  I managed to get an EVGA XC3 Ultra 3070 by checking my local stock online several times a day. They are unaffected by bots as you must pay for and pick up your card in store, limit of one per customer per address.  I could have also got a few different 6800's, but went with the 3070 as it was $240 cheaper, and EVGA always makes solid cards.  I already had a Sapphire 5700XT card that I luckily bought new from Newegg for $500 CAD ($380USD) in November before the real stupidity took over.  

Don't spend too much on a card right now as crypto prices are tanking.  This may be the end of the 'bull' run...
Well it will be a big disappointment if the bullrun is already over, that's too soon I believe, I've not even get half of my ROI back yet, and there is no how Ethereum mining profitability won't be affected, is memory express a website? Can you drop a link to the website for me? Thanks
[/quote]

It will be a big disappointment to a lot of people, especially those overpaying for multiple GPUs right now with long ROI's.  It seems to have stabilized around $1,500 USD/eth, which is still high, but a far cry from almost $2,100 a few days ago.  Musk manipulating the market again maybe.

Memory Express is a Canadian retailer.  If you're not in Canada and don't have one close to you, you're out of luck.  There is no online buying right now.  It's like Micro Centre in the US.
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Topic
Board Mining (Altcoins)
Re: rejected shares ?...
by
Randey Lahey
on 23/02/2021, 13:56:50 UTC
I'm using Nicehash software for mining too but I'm not getting that number of rejected shares, in your case it's pretty bad , way too much of rejected shares, click on the Nicehash software settings and change location to nearest country, you should get lower rejected shares this way, Nicehash got a big problem on their hand

could it be about on OC ??...

Yes, 100% it can just be this.  I've had this issue with my 3070, 100% tied to my memory clocks.  When I push it too hard, I get rejected shares, but sometimes it takes several hours to show up.  I use Phoenix Miner on Ethermine.
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Topic
Board Mining (Altcoins)
Re: ok, GPU on the way, any help building the rest of my gaming/mining rig (canada)
by
Randey Lahey
on 23/02/2021, 04:55:06 UTC
Hey everyone

Was able to order a 5700xt, it should arrive in 3 days or so.

My current gaming desktop is an old i7 930 with a geforce 750ti, I am thinking of buying/building a new system to house the new 5700xt.

Can anyone help with a parts list I can start ordering for a solid build?  Was thinking amd but im flexible, just looking for a solid build.  Alot of the youtube builds are decent but the prices and items they link are all much higher than when the video was made, if anyone has a good build/parts list with current pricing id appreciate it. 

I need everything but the GPU. 

Id prefer to buy quality parts, of good build that have either a solid warranty or will last me a long time.  At least for the PSU and the motherboard.  The ram, I am hoping to get 2 sticks for dual channel mode.  Other than that my only other preference would be for future upgradeability of the motherboard (ie, i hope to put a 2nd gpu in there someday when prices/availability comes around so a big enough case and mobo for that)

This rig will be mainly for gaming, and will likely run at least 18 hours a day for the next 3 years+

Any and all efforts spent compiling lists will be greatly appreciated!!!!

the smart buy right now is the Intel 10600KF.  $259 CDN on Newegg, and it's the equivalent (and a little faster in gaming) of he 5600x.  I have a B550/5600X, but if I was buying right now, I'd get the 10600KF as it's almost $400(!?) cheaper than the 5600x right now.  I'm no fanboy either way.  I had an i5 4670K and after a lot of years with Intel, I switched to the 3600 and now 5600X, but I paid $400 CAD for that.  I paid too much with the price of the 10600KF right now! 

For GPU, keep an eye on Memory Express.  I managed to get an EVGA XC3 Ultra 3070 by checking my local stock online several times a day. I could have also got a few different 6800's, but went with the 3070 as it was $240 cheaper, and EVGA always makes solid cards.  I already had a Sapphire 5700XT card that I luckily bought new from Newegg for $500 CAD ($380USD) in November before the real stupidity took over. 

Don't spend too much on a card right now as he crypto prices are tanking.  This may be the end of the 'bull' run...
Post
Topic
Board Mining (Altcoins)
Re: Gas fees - Surge Prices
by
Randey Lahey
on 21/02/2021, 17:05:36 UTC
Yes, pool pays fees. In your situation it might be useful to choose pool with good hashrate and low minimum payment. This link below can help you to choose:
https://miningpoolstats.stream/ethereum

From that link, it's either Sparkpool or where I already am, Ethermine.  HiveON pool has 0% fees, but the hashrate is only 17.58 TH/s compared to 77.32 on Ethermine.  Is that a big factor in profits even accounting for fees?  I guess it doesn't hurt to switch and try it out after my next payout (at 0.1 now apparently).
When the block reward is same - it does not matter. You need some pool that catches at least 3-5 blocks at the day. Your % of pool will be bigger and your reward will be higher. With the big pools - you will get little reward for even catched block, but you will get lots of rewards.
The main problem i found - the time when we get a wave with blocks with huge rewards. In this wave big pools get lots of blocks and little pool can get zero. And no one of these reward will belong to you.

So basically stick with Ethermine then?
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Topic
Board Mining (Altcoins)
Re: Massive difference in results
by
Randey Lahey
on 16/02/2021, 02:39:21 UTC
Windows OS have everything to do with loss of hashrates when updates get into your system without you knowing until you restart your PC, when I couldn't find a effective way to deactivate windows 10 update I've reload the whole OS just to get my normal hashrate back

I just did Win 10 updates on all my machines...no issues.  I set the scheduler so it doesn't automatically apply updates (i.e. restart) until I do it manually.  Still rock solid:  

Active Workers (2)
Filter by Worker

                       Reported       Current  Valid  Stale  Invaild
lolminer5700XT     51.9        66.7        60     0        0            5 minutes ago
rig3070             61.3        67.8        61     0        0            6 minutes ago

If this is a new build you will still face the wrath of windows 10 soon, I never knew this could be possible because before the lost in hashrate I used the PC for weeks with no issue but later my hashrates starts showing low hash speed

Not a new build, but where do you mean low hashrates?  At the pool?  In the miner?  Haven't noticed anything yet in almost 3 weeks.
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Topic
Board Mining (Altcoins)
Re: Massive difference in results
by
Randey Lahey
on 14/02/2021, 18:55:00 UTC
Windows OS have everything to do with loss of hashrates when updates get into your system without you knowing until you restart your PC, when I couldn't find a effective way to deactivate windows 10 update I've reload the whole OS just to get my normal hashrate back

I just did Win 10 updates on all my machines...no issues.  I set the scheduler so it doesn't automatically apply updates (i.e. restart) until I do it manually. 
Post
Topic
Board Mining (Altcoins)
Re: Gas fees - Surge Prices
by
Randey Lahey
on 14/02/2021, 16:08:33 UTC
Ethermine doesn't charge you any fees when they pay you. Usually you are paid when  you meet the min withdraw, which I think is 0.01 ETH and this payment is sent max once a week. They include the transaction in their pending transaction when someone on the pool finds a block and its sent with a 1 Gwei fee which is almost nothing.

So it was free sending the 0.01 ETH into your own wallet but when you send it to your Shakepay exchange you need to chose the lowest possible fee to get it confirmed within a few hours. Use this as a guide.

https://etherscan.io/gastracker

Currently for a simple ETH transaction its $4. Which in my opinion is fairly high. Hence mine for a few months and then just do 1 transaction and then your fee will be small relative to your transacted amount. Its not worth sending any ETH or BTC payments which are 2 figures.

I'm not really sure what I'm looking at on that site, but the lowest fee I see (173 Gwei) is $6.52, not $4.  So it isn't a % of the transaction, it's just a flat fee?  It will make sense to do less transactions if that's the case.
Post
Topic
Board Mining (Altcoins)
Re: Gas fees - Surge Prices
by
Randey Lahey
on 14/02/2021, 16:04:27 UTC
Yes, pool pays fees. In your situation it might be useful to choose pool with good hashrate and low minimum payment. This link below can help you to choose:
https://miningpoolstats.stream/ethereum

From that link, it's either Sparkpool or where I already am, Ethermine.  HiveON pool has 0% fees, but the hashrate is only 17.58 TH/s compared to 77.32 on Ethermine.  Is that a big factor in profits even accounting for fees?