Cryptocurrency Mining

So Im looking at the Antminer and I just wonder what happens when all those units ship and everyone starts mining on them. Surely the difficulty is going to increase and the return is going to begin diminishing? It's projecting a massive return now, but with I assume hundreds of those rigs going online, surely that will change?Effectively a two month waiting time, and I assume no one in SA currently has one?
 
F1 Fan said:
So Im looking at the Antminer and I just wonder what happens when all those units ship and everyone starts mining on them. Surely the difficulty is going to increase and the return is going to begin diminishing? It's projecting a massive return now, but with I assume hundreds of those rigs going online, surely that will change?Effectively a two month waiting time, and I assume no one in SA currently has one?
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Ant miners are Asic? So that shouldn't have a large Impact on eth. But eth is getting more difficult. Have a look at the eth tranches
 
Anybody know how NiceHash calculates the BTC "reward" per hour, per algorithm?

Which exchange prices do they use to calculate the reward?
 
Tjoker said:
So i figured out my Win10 "throttling" issue...

TeamViewer and Remote Desktop. When i hookup the screen to RIG, boot, everything auto starts and the hashes looks good, the moment I connect via TV or RDP my "main" card drops in hash performance. Kinda logical if you think about it, but it does not happen in Win7. Must be a Win10 config of some sort.
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Last night I RDPed to my mining PC, while streaming from it (it is also my plex server), and hash rate was unaffected. It is also running windows 10.
I saw something different though. When logging on to the physical PC, it ignores my Afterburner underclock. (GPU-Z confirms). RDPing shows it applying the clock correctly.

I'm running a R9 290 by the way.
 
Equihash reward is down the toilet for me...dropped from R55-R60 per day, per card too almost half of that during the night. Still mining at 2000 Sol/s
 
Kerrits said:
Last night I RDPed to my mining PC, while streaming from it (it is also my plex server), and hash rate was unaffected. It is also running windows 10.
I saw something different though. When logging on to the physical PC, it ignores my Afterburner underclock. (GPU-Z confirms). RDPing shows it applying the clock correctly.

I'm running a R9 290 by the way.
Click to expand...

Ja could be n nVidia issue. TeamViewer affects it a lot more than RDP. Will try different remote software over the weekend.
 
F1 Fan said:
So Im looking at the Antminer and I just wonder what happens when all those units ship and everyone starts mining on them. Surely the difficulty is going to increase and the return is going to begin diminishing? It's projecting a massive return now, but with I assume hundreds of those rigs going online, surely that will change?Effectively a two month waiting time, and I assume no one in SA currently has one?
Click to expand...
...and newer, more powerful ASIC miners will be developed. AFAIK these are the most pop miners out there. I imagine many big farms use them.

alqassam said:
Ant miners are Asic? So that shouldn't have a large Impact on eth. But eth is getting more difficult. Have a look at the eth tranches
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I think F1 Fan was being general - not referring to eth.
 
Tjoker said:
Ja could be n nVidia issue. TeamViewer affects it a lot more than RDP. Will try different remote software over the weekend.
Click to expand...

Are you guys tuning your desktop graphics down (lower res, switch off 3D, etc. etc.) and configuring teamviewer / RDP to use low resources? If not, why not?
 
I've only got 2 cards going at the moment, so have left the onboard display as primary. So that ends up driving the monitor and probably rdp too.
 
Are you guys concerned that the proof of stake method will make mining redundant?
 
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Finally got my 6 card rig up and running after some struggling with my Asus B250 motherboard.

140 Mh/s total for the six cards on Claymore miner
 
What is the best right now to mine with 1070s. I see equihash dropped for me. When I started I got well over 400 a day with 6 cards and now its down to under 300 a day.
 
blaaislaai said:
For ethereum nope, there are other options. Will just be mining zcash instead :)
Click to expand...

I would like to do a card investment, since electricity is cheap here in france, but I am worried that by the time that I get up and running, the future coins might all switch to proof of stake.
 
usd/day is down the drain after maintenance, hopefully it goes up again.

Ok slowly its climbing up again.
 
3lOH55A said:
What is the best right now to mine with 1070s. I see equihash dropped for me. When I started I got well over 400 a day with 6 cards and now its down to under 300 a day.
Click to expand...

Have a look at the NHM Profitability Calculator for your card. It is an indication which algo might be the most profitable at the time for the selected card.

https://new.nicehash.com/profitability-calculator/
 
Nicodeamus said:
I would like to do a card investment, since electricity is cheap here in france, but I am worried that by the time that I get up and running, the future coins might all switch to proof of stake.
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The community driven coins, many which are Zerocash protocol, largely owned by the public must make the decision by voting, every stake has a vote. Currently, Zcash, by utilising the Zerocash protocol, has a strong cross-chain integration proposal and will be highly valued in time. 'Z' coins are a good option to mine, and many are a unique alternative to Zcash which makes this market lucrative.

Ether is premined and the decision to go PoS is mostly driven by its owner. Irrc, the owner currently has an 75-85% ownership stake, don't know whether this is still true.
 
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