Hi all,
I'm doing between 60MH/s on 2x 1070s (at 100W/card) to 83 MH/s with my GTX1080 running on another box mining Ethereum.
About 2-weeks and I've already made over $200, can cash out to USD anytime I want.
To follow up from my earlier post - I've mined at varying rates from June 8th,
- started off at 23Mh/s for the first week
- from June 15th added 2x EVGA Superclocked Black 8GB 1070s bumping up to 83 Mh/s combined
- later on added 2x EVGA FTW 1060 6GBs, hitting 108Mh/s (ran only 1 card) - 4-cards in total.
Since then, I returned the 2x 1060s for a refund as I felt my 'risk' level was too high given recent plummeting value in ETH.
History of ETH value:
June 12, ~ETH $399
June 28, ~$320
July 8th, $235
Since then, I've mined a total of 0.885 ETH (and a bit more); I lost a bit by moving ETH across wallets paying small Gas fees. This is after the 1% pool fee.
In any case, it's value is
0.885 * $399 = ~$353
0.885 * $320 = ~$283
0.885 * $235 = ~$207
Locally I pay around $0.3/kWh and received my June bill by the 1st of July. The difference vs. last months bill was about $55
I did consider building a mining rig to heat the garage one winter, but it involved spending money and I never like doing that
Compare with the traditional 'gold rush'. A mining time consisted of lots of bedraggled prospectors hoping to strike it lucky, with a load of people supplying mining equipment and other services to the miners. They made steady incomes. Some miners may have made big gains - most didn't.
Fast forward - apart rom the volatatility of the bitcoin market - they are of little direct use (unless you are buying on the data web/tax Evading etc) so you then need to find a trustworthy exchange - with no financial protection if they go bust. So a known outlay in equipment and running costs - but an uncertain and risky return.
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My broadband speed - 750 Meganibbles/minute
aidanjt (08-07-2017)
Nopes, with electricity cost around here, I'd only have very small gains, considering continuous stress and heat on components I'd be only on the losing side. So I only BOINC scientific projects in winter if/when the temperatures drop alot. So about a month during daytime every year give or take.
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