Mining with Nicehash again ... should I invest in a second GPU ?
After I undervolted my GPU, I'm now mining at less than 1 Euro costs per day.
I got some ZDASH (soon to be renamed) sitting at suprnova, but I can't be bothered to test out the wallet now.
I didn't realize, that you can't mine directly to cryptopia.co.nz ...
It made a nice little jump yesterday and sells at $0.136858.
I'll let that sit at suprnova for now and try to figure out the wallet later this week.
So I downloaded Nicehash's latest version again to earn some more BTC.
equihash is paying well:
That's a lot more than I can make from mining ZDASH directly.
I'm so tempted to buy a second card, even though it's very likely not going to be very cost-effective to do so.
It would be more energy efficient, though.
- My PSU would be closer to 50% utilization.
That's supposed to be the sweet spot for efficiency. - I have a fixed consumption of 40 Watt just from running the machine.
With a second card that wouldn't change much, so I'd half my net costs with a second GPU.
I ordered the risers and once they arrive, I hope to find a cheap offer.
I should have bought the RX 470 when it was a Christmas special (150 Euro).
Now the freshly released RX 570 and RX 580 sell at the exact same price as the 470 and 480.
They are pretty much the same cards. Just the TDP of the RX5xx is higher.
That's exactly not what I want.
If I bought a RX 470 at 200 Euros, I would reach my ROI after around 200 days at the current rates.
That's such a tight calculation, though !
I think, the latest rise in payouts for equihash is because miners are trying to squeeze out as much ETH as they can before POW stops. Even though ZCASH rose a lot the last days, that doesn't fully explain why equihash gets paid so well.
The day Ethereum switches to POS, a ton of hashpower will jump onto other altcoins.
Mainly equihash.
When I order a second card I can't use the excuse anymore, that I would have used it for gaming anyways.
Who needs two cards ?
By buying the 5xx series I might have a higher value, if I want to resell it in the future.
If only my costs for electricity were lower.
I can't really decide ...
What do you think ?
I don't think at all :)
With latest versions of NiceHash miner my GPU started mining as well. Net outcome is around Euro per day. No, I didn't calculate the cost yet.
I will do that after the next payout that will be on Friday.
A question - how do you mine anything besides bitcoin with Windows client?
for ZDASH I used the Claymore binaries. ( Nicehash uses them too )
Claymore's ZCash AMD GPU Miner v12.4
You need to make a .bat file and put you settings (pool, worker, pw) there.
I should write a short guide :)
Do that :)
It will be very popular.
Found a guide on Steemit :) :
https://steemit.com/technology/@sparkit/claymore-s-zcash-miner-guide-and-settings-focused-on-r9-280x-230h-s
Get another one. Mine, mine, mine!! The market will boost up and you will be sitting on a pile of alt-gold looking like a king!!
if the market crashed all profitability #s go bad, and if its even close to not profitable with $80 eth than its time to figure out how power costs ever got this high. maybe eu stuff.. lol. best of luck
I'm not mining ETH at all.
Energy costs are high due to high taxation. (EU stuff)
I'm confused does your energy costs scale? (like you don't get charged a flat rate?)
Because - sometimes using more energy results in a higher coin/watt. Oh right - regarding your PSU I believe each specific PSU will have a efficiency curve - so I'd consult that.
With that said, you might want to consider grabbing a better power supply. I don't remember if you said in your other post but you should be using platinum or higher. (I pref Ti's but that's because I'm probably a bit crazy)
I'd have to change my contract to get a different rate.
Power curve of the PSU I'm using:
http://www.thermaltake.com/products-model.aspx?id=C_00001965
One more card would bring me close to 50%
Hm, maybe a new PSU is in order if power is significant issue for you - My EVGA 750Ti runs at 94%+ (supposedly, though the curve / load graph seems to be elusive).
I got this one very cheap second hand.
The costs I could save wouldn't match the costs for a new PSU.
Yeah - you'd have to be running a bigger rig to see effects more often - but, for the sake of efficiency you might as well go 6 - 7 Gpus.... DOOOOO IT :3. I'll be at 7 soon (tomorrow) if my mobo/os cooperates.
My board has exactly 2 PCI slots :D
I will see if I can find an upgrade somewhere :D
@Felixxx Go to bios mod town. Hm... I haven't heard of 470's being more efficient (hash per watt) than 480's. You should also consider going to bios mod town.
Here's a forum post from Boysie about a low power bios
https://forum.ethereum.org/discussion/9400/boysies-rx480-ref-bios-29mh-low-pwr-eth-or-dual-mining
Note, this is for ETH (again why are NOT mining it lol.)
Thanks for the link.
I don't own a 470 or a 480 (yet).
Out of the box my R9 280x seems to have a worse hash/Watt ratio* than those cards.
*equihash
However, after my voltmod, it looks like the r9 can compete with those cards now.
I'm considering the rx series because I will have a better resale value.
Until my risers arrive ( sometime this month I hope ) I hope either the rx 5xx or the 4xx will drop in price.
A friend and I were considering getting a whole ton of 1050ti's as they are low power for a rig but I'm not remotely certain of their efficiency.
Too bad you are not in the US - I've got 2 480's I'm trying to get rid of and I would have passed them along to you with a extra discount as I appreciate you posting here.
I would have bought them :D
It looks like I'll be waiting for a cheap second hand offer, locally.
With that said for mining you wouldn't want the ones I have that much anywho as one of the reasons why I'm selling them is as I am having some trouble getting them any higher than 28.x/mhs.
As mentioned in my post: ETH will switch to POS.
I have no idea when that will happen, but I assume that equihash is a better longterm bet.
More the reason to mine it NOW (though you shouldn't build a rig necessarily dedicated for ETH - if you don't have the equipment already - unless are considering banking on ETC to be a good bet). Though from my perspective, once ETH gets too hard to mind (via diff. bomb) or goes PoS, I swich to ETC (unless there is something better for me to mine with my hardware).