Cryptocurrency Mining

akescpt said:
damn, wish i knew. was overseas. so amazon?
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Yes import is only way atm.

The local stock goes to back orders as soon as arrives.

Keep in mind amd does require bios flashing and bit tweaking to run at its best.

With Nvidia you just move sliders in msi afterburner and you ready to go :P
 
akescpt said:
where is the idiots guide to mining? and not warehouse scale. like at home with a normal size rig to get started!! please!
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Your electricity bill is going to get higher, much higher depending on the card(s) you plan on using.

If you already have a suitable rig, go to nicehash.com, register and download the software.

Option B is to go to https://xxx.suprnova.cc and register, replace xxx with the coin you plan on mining. Careful though, not all coins are mineable with your CPU only - example Scrypt based coins is a no-go. You'll just heat up the room. So for example Decred would be dcr.suprnova.cc.

Nicehash decides for you which coins are the most profitable, so by that feature alone I don't have to tell you that its for novices.

Suprnova, lets you configure any and everything to your heart's desire. You'll need to download cgminer.exe (C because it does CPU mining as well as G for GPU mining), and or Claymore's dual etheruem miner. This one uses both your CPU and GPU to mine simultaneously so watch your electricity meter - I'm not joking!

When using suprnova, go over here (oops forgot to add link) and have a look at which coin is the most profitable, right now for the last 7 days DigiByte has returned 357%, this is likely to be different when you go to the site as it changes constantly.

When I'm at work I only mine DCR, LBRY and Pascal (all can be mined with CPU only), depending on which is the most profitable with my laptop. I haven't tried mining on my work PC simply because I measured the data usage the other day and it pulls down just under 100MB in the 8 hours that I'm at the office. And even though that's a minute amount of data, I don't want to get into trouble for using my work hardware for mining. I've got sufficient data left in my bundle so instead I tether to my phone's hotspot.
 
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akescpt said:
where is the idiots guide to mining? and not warehouse scale. like at home with a normal size rig to get started!! please!
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Me too please.

There's a measure of discretion I guess. Still, some boneheads subsidising the cost of gear or buying 2nd hand stuff can't be bad :)
 
akescpt said:
where is the idiots guide to mining? and not warehouse scale. like at home with a normal size rig to get started!! please!
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For quickstart, create a (free) account on www.luno.com and have it generate a Bitcoin address.
Install Nicehashminer (https://github.com/nicehash/NiceHashMiner/releases)
Use the bictoin address from Luno and start mining (it will do a benchmark for various algorithms first).

Nicehash mines zcash and other currencies but pays out in bitcoin, if my understanding correct the concept is more a matter of you 'renting out' your hashing power to nicehash than actual direct mining.

I think nicehash takes something like 4% commission, most pools are around 1% but connecting requires slight more effort in that you have to determine which coin is more profitable, connect, mostly with command line utilities, have a wallet for the relevant coin and converting to bitcoin yourself so you may systematically want to investigate alternatives as you learn more.

You may also want to install Minergate (https://minergate.com/downloads/gui) which can mine ethereum and some less profitable coins as well, you will need an account for the relevant coins for withdrawing (or specify the pay-to account specified for a conversion to bitcoin when withdrawing if you don't want to accumulate coins other than bitcoin).
 
How noisy do the things get? Need to sneak a microserver sized rig into the office, leave under the desk for free electricity...
 
Budza said:
How noisy do the things get? Need to sneak a microserver sized rig into the office, leave under the desk for free electricity...
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That's my plan as well, but I'm a bit scared, not sure why since our offices have server rooms consuming hundreds times more power! In my experience the CPU fan is bearable, the GPU fans, eish. As soon as it hits 70 degrees celsius it sounds like a jet engine!
 
YingYang said:
That's my plan as well, but I'm a bit scared, not sure why since our offices have server rooms consuming hundreds times more power! In my experience the CPU fan is bearable, the GPU fans, eish. As soon as it hits 70 degrees celsius it sounds like a jet engine!
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I used to do folding@home when I had a desktop at work- left it on 24/7. Luckily I could get into it to upgrade the cooling with some leftover parts I had from home.

Was a bit of fun.

If I can now do something similar but make some cash at the same time... :cool:
 
YingYang said:
That's my plan as well, but I'm a bit scared, not sure why since our offices have server rooms consuming hundreds times more power! In my experience the CPU fan is bearable, the GPU fans, eish. As soon as it hits 70 degrees celsius it sounds like a jet engine!
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If you are not paying for electricity, then somebody else is. You may push up electricity usage beyond a threshold to a higher cost bracket as well.
 
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