Cryptocurrency Mining

Gtx Gaming

Gtx Gaming
Joined
Aug 25, 2008
Messages
25,508
In terms of ETH mining, for those of you who use Nanopool... They have some extensive reporting for your wallet address, but I am uncertain which indicator on their graph is the "real world" one??

I consistently hit 30 Mh/sec on a 1070, yet when I check the stats they are looking really weird... :confused:

View attachment 442128
Remember every hour of mining you mine 72 seconds to the dev, so it will go up and down.
 

techead

Honorary Master
Joined
Apr 11, 2008
Messages
12,187
You can mine dev free, but lowers the mh you mine lol

yeah, there are a few pools that I am considering switching to once I've been paid out here

Looks like we are the only ones online tonight... lol

Any idea where I can find risers in Cape Town?? I got everything else, including my 6 x gpus

Need risers.....
 

Gtx Gaming

Gtx Gaming
Joined
Aug 25, 2008
Messages
25,508
yeah, there are a few pools that I am considering switching to once I've been paid out here

Looks like we are the only ones online tonight... lol

Any idea where I can find risers in Cape Town?? I got everything else, including my 6 x gpus

Need risers.....
Cryptominer.co.za only person in cpt. He gets stock this week.
 

srothman

Expert Member
Joined
Mar 30, 2010
Messages
2,756
In terms of ETH mining, for those of you who use Nanopool... They have some extensive reporting for your wallet address, but I am uncertain which indicator on their graph is the "real world" one??

I consistently hit 30 Mh/sec on a 1070, yet when I check the stats they are looking really weird... :confused:

View attachment 442128
I don't trust the hash rates on the Nanopool page, much less the reported rates on the app, it's just too inconsistent. I generally just look at the value of work done.
 

Archer

Honorary Master
Joined
Jan 7, 2010
Messages
22,423
In terms of ETH mining, for those of you who use Nanopool... They have some extensive reporting for your wallet address, but I am uncertain which indicator on their graph is the "real world" one??

I consistently hit 30 Mh/sec on a 1070, yet when I check the stats they are looking really weird... :confused:

I don't trust the hash rates on the Nanopool page, much less the reported rates on the app, it's just too inconsistent. I generally just look at the value of work done.

The stats are 100% correct. You are both forgetting the LUCK factor in finding shares. In the last 5 minutes you could find 100 shares making your effective hashrate a billion/s, and the next 5 minutes you find nothing and your hashrate goes to poop. Refresh the page at the wrong (or right :p) time and of course you'll find "strange" current hashrates
 

PhireSide

Honorary Master
Joined
Dec 31, 2006
Messages
14,236
Saw an RX480 on Carb for sale for R7k eish :eek:

It really is a seller's market out there right now :p
 

techead

Honorary Master
Joined
Apr 11, 2008
Messages
12,187
The stats are 100% correct. You are both forgetting the LUCK factor in finding shares. In the last 5 minutes you could find 100 shares making your effective hashrate a billion/s, and the next 5 minutes you find nothing and your hashrate goes to poop. Refresh the page at the wrong (or right :p) time and of course you'll find "strange" current hashrates

One of the reasons I'm considering other pools.

The SIA mining pool I was using removes the luck factor entirely. I like that. This luck factor sucks ass, and I'm on a mission to find a ETHEREUM pool to the equivalent of the sia mining pool

https://siamining.com
 

FarligOpptreden

Executive Member
Joined
Mar 5, 2007
Messages
5,396
As an absolute noob who's intrigued about this whole ecosystem, what can I expect to mine per day on a single GTX1080? Not the Ti version...

I'm planning on buying one for my media server (which used to be a gaming PC) that's already running 24/7, but I sold the GPU at the beginning of this year due to me not gaming anymore.
 

srothman

Expert Member
Joined
Mar 30, 2010
Messages
2,756
The stats are 100% correct. You are both forgetting the LUCK factor in finding shares. In the last 5 minutes you could find 100 shares making your effective hashrate a billion/s, and the next 5 minutes you find nothing and your hashrate goes to poop. Refresh the page at the wrong (or right :p) time and of course you'll find "strange" current hashrates
Ladies and gentlemen, the voice of reason *applause*

Thanks for the explanation. I figured that only worked on way, i.e. the lower reported hash rates.
 

srothman

Expert Member
Joined
Mar 30, 2010
Messages
2,756
As an absolute noob who's intrigued about this whole ecosystem, what can I expect to mine per day on a single GTX1080? Not the Ti version...

I'm planning on buying one for my media server (which used to be a gaming PC) that's already running 24/7, but I sold the GPU at the beginning of this year due to me not gaming anymore.
https://www.nicehash.com/?p=calc

I've been keeping an eye on the performance I've been getting vs. these calculation, especially against the DaggerHash algorithm, and it's pretty accurate.

According to this, you're looking at around 27 MH/s.
 

FarligOpptreden

Executive Member
Joined
Mar 5, 2007
Messages
5,396
https://www.nicehash.com/?p=calc

I've been keeping an eye on the performance I've been getting vs. these calculation, especially against the DaggerHash algorithm, and it's pretty accurate.

According to this, you're looking at around 27 MH/s.

Having a look at the 1070 vs 1080 I can see why the 1070 is just about sold out everywhere. It produces almost as much Bitcoin profit as the 1080, but with a a reasonably lower price-tag. Only 1070's I can seem to find are closer to R10k, which makes it more expensive than a 1080.

According to Nicehash the ROI for the 1070 is also 6 days less than the 1080. Still, my inner gamer is telling me to go 1080 for when the mining craze blows over... If I can last roughly 4-5 months to pay off the 1080, I already gained something from this experiment.
 

techead

Honorary Master
Joined
Apr 11, 2008
Messages
12,187
What happens when we get a new epoc on ETH, in two days or so?

Mining difficulty going up?
 
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