Is anyone else mining? I'm a noob.

[srothman]

It's still very buggy

 

[Dimpie (JIGSAW)]

 

[ronnie_94]

What is everyone using to mine btw? Hardware wise

 

[srothman]

Nicehash Miner 1.7.5.13

 

[Dimpie (JIGSAW)]

Nicehash Miner 1.7.5.13

Yeah, think I'll go back to this version till V2 is at least in beta

 

[ronnie_94]

Nicehash Miner 1.7.5.13

Sorry i meant hardware wise

 

[Dimpie (JIGSAW)]

Sorry i meant hardware wise

HeHe, Just basically testing the software at the moment with a crappy HD7850 .... Planning on going full 4-6 GPU rig as soon as stock becomes less of a problem :crylaugh:

 

[Dimpie (JIGSAW)]

So after ± 10min the program finally opens ....

 

[ronnie_94]

srothman, that issue happened again. I switched isp,s and it started working properly. Not sure how to ask my isp to sort it out?

 

[srothman]

2 x 1050ti and 1 x RX480

 

[The Voice]

So after ± 10min the program finally opens ....

View attachment 445198

Installation and benchmarking was a breeze. Then I clicked on Start - cmd window opens for a few seconds then closes. Zip. Nada. Nothing. Will stick with the current version until all the bugs are squished.

My setup is just my home PC at the moment: Ryzen 1500x and a GTX 1060 6GB. Set it to mine when idle, and have made a whopping £3 since Friday! I guess a dedicated multi-GPU rig is the only way to really see the benefits of mining, but ain't nobody got spare cash for that, so I reckon I'll do it in bits - maybe add a GTX 1070 or 1080 to the mix for now?

 

[InternetSwag]

Local bank account withdrawals and deposits.

What does this mean? I can sell and exchange bitcoin on the site and draw the money? I see. Hope it works with Capitec

 

[ronnie_94]

I.Just.Want.One amd card

 

[Gtx Gaming]

What does this mean? I can sell and exchange bitcoin on the site and draw the money? I see. Hope it works with Capitec

Works with any bank.

 

[The Voice]

I.Just.Want.One amd card

Sapphire and ASUS have just released RX 470's that are strictly for mining. But as with other cards, good luck finding any

 

[F1 Fan]

Just cancelled my orders for 1050ti's. Dont think it is worth is in the long run.

 

[Dimpie (JIGSAW)]

Just cancelled my orders for 1050ti's. Dont think it is worth is in the long run.

explain?

 

[F1 Fan]

explain?

You looking at a return of on average R20 a day or R600 a month. The card costs R2800. But the time you attempt to reach your payback, the market will be flooded with more powerful cards.

 

[lestoran]

You looking at a return of on average R20 a day or R600 a month. The card costs R2800. But the time you attempt to reach your payback, the market will be flooded with more powerful cards.

Well that depends entirely on what you want to do with the crypto you make and where you believe the market will go in the future.

Right now in the short-term I agree its not worth it but if you intend to hold for 2-3 years and expect the cryptos to be 5x todays price its a diff story.

I'm in and in fact just ordered more GPU's as according my calculations worse case scenario is the rig pays for itself in under a year.

 

[GoB]

Right now in the short-term I agree its not worth it but if you intend to hold for 2-3 years and expect the cryptos to be 5x todays price its a diff story.

That shouldn't factor into the mining calculation though, since you can buy crypto with cash to get the same gains with speculation.