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 Cryptocurrencies Mining, Hardware,. Pool, software

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TaintedSoul
post Aug 5 2017, 06:38 PM

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QUOTE(zamans98 @ Aug 3 2017, 05:58 PM)
I did before, but then stopped. No block found for days. Wasted.
Move back to Zcash
*
hows the zcash mining for you ? what gpu u using? zcash price quite stable..cant break 200usd
ycs
post Aug 5 2017, 09:35 PM

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anyone using the cash4win wallet for zcash?
TSzamans98
post Aug 5 2017, 11:09 PM

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QUOTE(TaintedSoul @ Aug 5 2017, 06:38 PM)
hows the zcash mining for you ? what gpu u using? zcash price quite stable..cant break 200usd
*
HODL, limited supply.
I'm positive at 500$
TSzamans98
post Aug 5 2017, 11:11 PM

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QUOTE(ycs @ Aug 5 2017, 09:35 PM)
anyone using the cash4win wallet for zcash?
*
Use Jaxx, then move that to hardware wallet
Euthenics
post Aug 6 2017, 04:00 PM

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QUOTE(ycs @ Aug 5 2017, 09:35 PM)
anyone using the cash4win wallet for zcash?
*
Apart from Jaxx, you may also try out Coinomi wallet
wildan03
post Aug 7 2017, 10:30 AM

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Hi i'm a newbie here and i would like to know.

I have a normal working PC. Let say i just want to do a casual mining, can i get RM300/month with just 1 X GTX1060 normal gaming pc? After deduct electric bill
munyen
post Aug 7 2017, 11:10 AM

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QUOTE(wildan03 @ Aug 7 2017, 10:30 AM)
Hi i'm a newbie here and i would like to know.

I have a normal working PC. Let say i just want to do a casual mining, can i get RM300/month with just 1 X GTX1060 normal gaming pc? After deduct electric bill
*
No, you can't.
wildan03
post Aug 7 2017, 11:11 AM

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QUOTE(munyen @ Aug 7 2017, 11:10 AM)
No, you can't.
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what is the most i can get? Just curious biggrin.gif
deadravel
post Aug 7 2017, 01:09 PM

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QUOTE(wildan03 @ Aug 7 2017, 11:11 AM)
what is the most i can get? Just curious biggrin.gif
*
assume:
1.u use nicehash to mine
2.ur 1060 is 6gb
3.u run full load 24/7
4.ur pc on full load consume 550w
5.bitcoin price remain the same

based on nicehash passed 30days data. u can earn around ~51USD/month (RM218) using 1060 6gb
ur tnb bill based on 550w is around RM133/month
ur net profit = 218 - 133 = RM85/month.


above just an estimation based on the above assumption. since u so curious whistling.gif

This post has been edited by deadravel: Aug 7 2017, 01:14 PM
munyen
post Aug 7 2017, 01:46 PM

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QUOTE(deadravel @ Aug 7 2017, 01:09 PM)
assume:
1.u use nicehash to mine
2.ur 1060 is 6gb
3.u run full load 24/7
4.ur pc on full load consume 550w
5.bitcoin price remain the same

based on nicehash passed 30days data. u can earn around ~51USD/month (RM218) using 1060 6gb
ur tnb bill based on 550w is around RM133/month
ur net profit = 218 - 133 = RM85/month.
above just an estimation based on the above assumption. since u so curious  whistling.gif
*
Should be less than RM 80
Plus your internet fees, u get back almost nothing
wildan03
post Aug 7 2017, 01:58 PM

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QUOTE(deadravel @ Aug 7 2017, 01:09 PM)
assume:
1.u use nicehash to mine
2.ur 1060 is 6gb
3.u run full load 24/7
4.ur pc on full load consume 550w
5.bitcoin price remain the same

based on nicehash passed 30days data. u can earn around ~51USD/month (RM218) using 1060 6gb
ur tnb bill based on 550w is around RM133/month
ur net profit = 218 - 133 = RM85/month.
above just an estimation based on the above assumption. since u so curious  whistling.gif
*
This will do. Thank you so much, this is very helpful.

QUOTE(munyen @ Aug 7 2017, 01:46 PM)
Should be less than RM 80
Plus your internet fees, u get back almost nothing
*
Even if i didnt do mining, i still need to pay for the internet fees. Like i said this is just like a casual mining for me.
Someonesim
post Aug 7 2017, 02:16 PM

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QUOTE(wildan03 @ Aug 7 2017, 01:58 PM)
This will do. Thank you so much, this is very helpful.
Even if i didnt do mining, i still need to pay for the internet fees. Like i said this is just like a casual mining for me.
*
Below are that nicehash calculator, quite close to real life result as I test run for 1 week+.
https://www.nicehash.com/?p=calc

Personally I dont recommend, we missed the timing by many many months. Yes you're still making profit, but consider this, what if the computer koyak ( constant overheat ) with high chances graphic card koyak ( constant 100% load for 24/7, imagine that ), that card along damage RM13XX I think.

My friend's RM1XK 6 cards mining rig, daily profit RM40 per day ( havent deduct electric bill ) sweat.gif I asked her to stop and learn trading, she got RM40 profit by just trading over one tehtarik session thumbup.gif Sadly I dont have the capital this month cry.gif
TSzamans98
post Aug 7 2017, 02:44 PM

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QUOTE(Someonesim @ Aug 7 2017, 02:16 PM)
Below are that nicehash calculator, quite close to real life result as I test run for 1 week+.
https://www.nicehash.com/?p=calc

Personally I dont recommend, we missed the timing by many many months. Yes you're still making profit, but consider this, what if the computer koyak ( constant overheat ) with high chances graphic card koyak ( constant 100% load for 24/7, imagine that ), that card along damage RM13XX I think.

My friend's RM1XK 6 cards mining rig, daily profit RM40 per day ( havent deduct electric bill )  sweat.gif  I asked her to stop and learn trading, she got RM40 profit by just trading over one tehtarik session  thumbup.gif  Sadly I dont have the capital this month  cry.gif
*
Mining+Trading are 2 cores activities, u cannot just do either one,.if you are looking for a long haul.

Nicehash result is fake, u need to deduct about 15%.
Take the daily pay and multiply with their weekly result.. Can u spot that flaw?
deadravel
post Aug 7 2017, 04:07 PM

free RAM =wasted RAM
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QUOTE(wildan03 @ Aug 7 2017, 01:58 PM)
This will do. Thank you so much, this is very helpful.
Even if i didnt do mining, i still need to pay for the internet fees. Like i said this is just like a casual mining for me.
*
ya. but be mindful. just rough estimation.
bitcoin/cryptocurrency price fluctuates. whistling.gif
xpalax
post Aug 7 2017, 04:38 PM

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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
*
A comprehensive and simple guide for beginner to cryptocurrency mining.

Great work ! thumbup.gif thumbup.gif
Someonesim
post Aug 7 2017, 07:10 PM

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QUOTE(zamans98 @ Aug 7 2017, 02:44 PM)
Mining+Trading are 2 cores activities, u cannot just do either one,.if you are looking for a long haul.

Nicehash result is fake, u need to deduct about 15%.
Take the daily pay and multiply with their weekly result.. Can u spot that flaw?
*
You probably right as my hashrate are noticeably lower than more dedicated mining program.
Petai Kota Bharu
post Aug 8 2017, 07:46 AM

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Nicehash use external wallet is better or use nicehash wallet and then cash out later is better?
Euthenics
post Aug 9 2017, 10:04 PM

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QUOTE(Petai Kota Bharu @ Aug 8 2017, 07:46 AM)
Nicehash use external wallet is better or use nicehash wallet and then cash out later is better?
*
For some, using external wallet is due to features offered and security concerns.
ycs
post Aug 10 2017, 04:27 PM

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D3 open for sale at 5pm today smile.gif
TSzamans98
post Aug 10 2017, 05:08 PM

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QUOTE(ycs @ Aug 10 2017, 04:27 PM)
D3 open for sale at 5pm today smile.gif
*
thousand of scalpers on glued to their chair and clicking reload. can't even login since 445pm

This site can’t be reached

shop.bitmain.com took too long to respond.

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