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 Cryptocurrencies Mining, Hardware,. Pool, software

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Euthenics
post Jul 20 2017, 02:29 AM

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QUOTE(ethminerlowyat @ Jul 19 2017, 11:44 AM)
Mine eth or zcash directly.

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Check with you - when u said mine eth or zcash directly, do you mean mine solo or join the eth/zcash pool?
MOBAJOBG
post Jul 20 2017, 09:28 AM

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Can those of you who rent miners, please get lost!
SUSTianJian
post Jul 20 2017, 09:29 AM

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will this be good ? https://www.youtube.com/watch?v=fJSITD0sPVY with this https://www.google.com.sg/search?q=GekkoSci...chrome&ie=UTF-8
MOBAJOBG
post Jul 20 2017, 09:31 AM

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QUOTE(zamans98 @ Jun 19 2017, 08:38 PM)
PREFACE

Today, there is very much a digital gold rush where people can make a small profit by investing a few hundred dollars in equipment, and then spend months mining for digital coins before any return on their investment sets in

What is this Mining thing?

mining are all about solving mathematical problems, which in turn act as raffle tickets. Each problem solved is called a 'proof of work' result, and counts as one raffle ticket  Every time a predetermined quantity of proof-of-work results is generated,  the system draws a raffle number, and one proof-of-work result is awarded a block of new coin.

Every miner who contributed to solving that particular block will get some kind of proportionate share of the rewards [pool]
How Cryptocoin Mining Works then?

The whole focus of mining is to accomplish three things:

1.Provide bookkeeping services to the coin network. Mining is essentially 24/7 computer accounting called 'verifying transactions'.

2. Get paid a small reward for your accounting services by receiving fractions of coins every couple of days.

3. Keep your personal costs down, including electricity and hardware.
Is It Worth It to Mine?

This is really subjective.
Currently, the entry cost is expensive, and parts are scare.
If you already have the hardware, u can mine as a hobby for a small change. $1-2 dollars a day. Mine and keep.
If you have the dough, good, go for the best spec u can get, granted u can find those GPUs

Some argues that, if one's objective is to earn substantial money as a second income, then you are better off purchasing coins with cash instead of mining them.
OK sure, tell me what i need to do to mine?

1. Wallet - software. Can open exchange Wallet (not recommended) or download multiple wallets like Jaxx

2.  mining software package, u have Minergate, CGminer, Claymore etc.
 
3. Account in mining pool, which is a community of miners who combine their computers to increase profitability and income stability.

4. Online currency exchange, where you can exchange your virtual coins for conventional cash, and vice versa. Example poloniex.com.

5. A reliable full time internet connection

6. A desktop or custom-built computer designed for mining, called Mining RIG. Yes, you may use your current computer to start, but you won't be able to use the computer while the miner is running. A separate dedicated computer is ideal. Tip: Do not use a laptop, gaming console or handheld device to mine. These devices are not effective enough to generate income.
The GPU  will be the workhorse of providing the accounting services and mining work. Obvious choice is NVIDIA and AMD

7. A house fan to blow cool air across your mining computer. Mining generates substantial heat, and cooling the hardware is critical for your success.

8. Personal curiosity. You absolutely need a strong appetite for reading and constant learning, as there are ongoing technology changes and new techniques for optimizing coin mining results. The most successful coin miners spend hours every week studying the best ways to adjust and improve their coin mining performance.
MAIN SECTIONS

1. HARDWARE - rig, motherboard, GPU, PowerSupply, Overclocking, Wallet
2. SOFTWARE - Mining software, OS, BIOS Mod, Optimization, Wallet, ASIC Miner, CBU Miners
3. Database - Hashrate actual, Mining Pool
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...because in my honest opinion, OP or TS is writing about desktop mining otherwise, we need a dedicated thread for it.

This post has been edited by MOBAJOBG: Jul 20 2017, 09:32 AM
TSzamans98
post Jul 20 2017, 12:15 PM

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QUOTE(MOBAJOBG @ Jul 20 2017, 09:28 AM)
Can those of you who rent miners, please get lost!
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What is your issues? Why so angry.?
U don't like, u can walk away, no need to shout.
TSzamans98
post Jul 20 2017, 12:16 PM

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QUOTE(MOBAJOBG @ Jul 20 2017, 09:31 AM)
...because in my honest opinion, OP or TS is writing about desktop mining otherwise, we need a dedicated thread for it.
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U are welcome to expand. Why Kecoh?
Petai Kota Bharu
post Jul 20 2017, 12:47 PM

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QUOTE(zamans98 @ Jul 20 2017, 02:12 AM)
Forget this stupid software and company. Many negative reviews.

Go and get Nice hash. Rent your machine for BTC
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Had trying out nicehash for two weeks, automatic payout and the service is good, recommended!
nyunyu
post Jul 20 2017, 01:40 PM

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QUOTE(TianJian @ Jul 20 2017, 09:29 AM)
Don't think that works anymore with the increased difficulty of bitcoin.

This post has been edited by nyunyu: Jul 20 2017, 01:40 PM
luminaryxi
post Jul 20 2017, 05:02 PM

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QUOTE(MOBAJOBG @ Jul 20 2017, 09:28 AM)
Can those of you who rent miners, please get lost!
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do u mean those with mining rig renting their rig out ? got such scheme? blink.gif
GreenSamurai
post Jul 20 2017, 05:05 PM

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QUOTE(luminaryxi @ Jul 20 2017, 05:02 PM)
do u mean those with mining rig renting their rig out ? got such scheme?  blink.gif
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Yes it's called Nicehash lol
MOBAJOBG
post Jul 20 2017, 05:10 PM

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QUOTE(zamans98 @ Jul 20 2017, 12:16 PM)
U are welcome to expand. Why Kecoh?
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Since you've expanded to include other kinds of cryptocurrency mining talk, I'll get lost.

If this is a dedicated rig crytocurrency mining thread, I would certainly share some tips on how to underclock gpus to achieve better mining efficiency, undervolt gpu via flashing its bios to reduce electricity consumption and etc.

This post has been edited by MOBAJOBG: Jul 20 2017, 05:25 PM
MOBAJOBG
post Jul 20 2017, 05:14 PM

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QUOTE(luminaryxi @ Jul 20 2017, 05:02 PM)
do u mean those with mining rig renting their rig out ? got such scheme?  blink.gif
*
...was referring to the cloud cryptocurrency mining stuff that were spammed in this thread.
nyunyu
post Jul 20 2017, 06:27 PM

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Anyone used Segotep 1250W GP1350G PSU? What do you think about it? Reliable or not?
Looking to buy either SF 1600w or EVGA 1200P2 or EVGA 1300 G2 and now heard about this segotep brand.
GreenSamurai
post Jul 20 2017, 06:54 PM

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QUOTE(MOBAJOBG @ Jul 20 2017, 05:14 PM)
...was referring to the cloud cryptocurrency mining stuff that were spammed in this thread.
*
We can't stop that. The last time someone tried I got called out by the head honchos there. You are free to try again.

This post has been edited by GreenSamurai: Jul 20 2017, 06:54 PM
Euthenics
post Jul 21 2017, 12:52 AM

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QUOTE(MOBAJOBG @ Jul 20 2017, 05:10 PM)

If this is a dedicated rig crytocurrency mining thread, I would certainly share some tips on how to underclock gpus to achieve better mining efficiency, undervolt gpu via flashing its bios to reduce electricity consumption and etc.
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Do to share your tips. Sharing good knowledge is always welcome and will be beneficial to a lot of people.
heavensea
post Jul 21 2017, 02:37 AM

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I heard that gpu got stock now, can try to shop around and ask. But btc just rebounce, I think seller still gonna sell "higher" price.
cofin
post Jul 21 2017, 09:55 AM

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QUOTE(TianJian @ Jul 19 2017, 01:47 PM)
erm.... need some guide on minergate....
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This company or pool damn scam ... suddenly can jack up the withdrawal fee few hundred time. The mining payout also less than nanopool
nyunyu
post Jul 21 2017, 05:55 PM

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QUOTE(nyunyu @ Jul 20 2017, 06:27 PM)
Anyone used Segotep 1250W GP1350G PSU? What do you think about it? Reliable or not?
Looking to buy either SF 1600w or EVGA 1200P2 or EVGA 1300 G2 and now heard about this segotep brand.
*
Anyone?

This post has been edited by nyunyu: Jul 21 2017, 05:55 PM
Leohart
post Jul 21 2017, 10:13 PM

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QUOTE(nyunyu @ Jul 21 2017, 06:55 PM)
Anyone?
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one of the rig i setup with Segotep 1250W PSU, runing so far no issue.
only one thing i dont like...2 sata head only per cable. yawn.gif
SpongeY
post Jul 22 2017, 12:47 AM

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QUOTE(zamans98 @ Jul 20 2017, 02:11 AM)
TT is slow. Don't expect to get updates on regular basis. Fastest is 1 week.
Mine, they came back ask for 20$ extra, paid by BTC. Then they come back again saying short 50cts..WTF, really. BTC charges is not my issue.

I never get my order confirmed...

Fastest way is buy BTC via Luno, sent to your Jaxx Wallet, then Shapeshift to LTC and send.
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I TT'ed them on Tuesday and still no replies till today, really dont know when will they send me some confirmation.

You mean u never get your order confirmed but always get your products shipped?

BTW, as im new to cypto mining world, any telegram, whatsapp group that i can join to learn from u sifus out there? haha

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