Read more.If so, what hardware do you use and have you made a profit?
Read more.If so, what hardware do you use and have you made a profit?
I did for a couple of weeks, did not see the benefit
Used a gtx970 strix for monero and i7 4790k for bytecoin
I better not try!
Part of me is wondering if I should try, to say my 290x's seem to be worth more on ebay now they must be up to it.
Either that or I might just pull one and sell it while the going is good.
Yep, though not full time, just to make a little money off the hardware I have. R9 390 and R9 280, combined get a hashrate of around 47-48MH/s. I'd love to use my CPU on the action, but its not very profitable.
Nope. I'd need to turbocharge my abacus.
No, never really interested me.
I heard it's not worth it in the UK, cause even on the cheapest electricity tariff, you'll only make a fraction of that back worth in bitcoins? - that was something I read years ago... with the high price of btc, is it worth it now?
The only Bitcoin mining I've ever done was for the Bitcoin Utopia project via BOINC. So I was only accumulating points rather than cash. I was using a Rockminer R-Box but now the project is dead it's sitting idle.
Don't really want to dedicate my GPUs to cryptocurrency as I use them for other BOINC projects...
Nah, I missed the boat on this one - and getting into it now in any meaningful way will require a significant outlay. I did consider dropping a few grand on cards and kit, a month or so back, but I doubt I'd see enough of a return to make it worthwhile.
I think, by the time GPU and motherboard manufacturers are making mining specific products, it's a reasonably safe bet it has gone beyond it's peak. i.e. selling pans & shovels to the gold miners.
not in full time, but trying
Did some about 3 1/2 years ago. Bought a cheap mobo & CPU and 4x R9 280X's. Was pulling 1250W from the wall 24/7. for 6 months.
Mined Litecoins until the ASICs came online and the difficulty went through the roof. At that point switched to Vertcoin as it was meant to be ASIC resistant.
Gave up when one of the GFX cards went pop.
Funnily enough just sold all my coins last week after sitting on them for three years as it wasn't profitable at the time I mined them to sell them. Wouldn't have covered the costs.
I've been mining for about a year now with my GTX 980Ti, since it spends most of the day unused. I thermally limit it to 68C to preserve the cards lifespan, and with an auto-exchange pool I get $0.18-$0.34 per hour. Electrical costs are $0.14 per hour, so it's a nice little trickle of profit.
It used to make sense 5+ years ago but with dedicated mining processors (asics) these days makes it pointless as you spend more in elec than you generate, never mind the heady days where it paid for a new gpu every 3 months
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