Are you finding it much more profitable than mining Ethereum?I just started mining Grin, trying it out at least. We should really start a new thread for it though, so as not to clutter the Ethereum one
I just started mining Grin, trying it out at least. We should really start a new thread for it though, so as not to clutter the Ethereum one
It's not too challenging, I'm using NB Miner and with 11 GB cards, mine the GRIN-31 variant since many 8 GB cards can't be configured to to mine it successfully.Where the grin mining experts at? Teach us so we can put all this hashpower to use. Winding down eth operations.
whats the profitability like? I have 1080tis and 2080tisIt's not too challenging, I'm using NB Miner and with 11 GB cards, mine the GRIN-31 variant since many 8 GB cards can't be configured to to mine it successfully.
The 1080 Ti at about 200W does about 1.05-1.1 g/s. The 2080 Ti is the powerhouse though, at about 1.85-1.9 g/s at the same power consumption. However, the 2080 Ti is meant for Bytom, where it can do about 15K h/s at 220W. The 1080 Ti by comparison does only about 5000 h/s. And hilariously, the BitMain ASIC built for Bytom does only 780 h/s at 360W. For once, GPUs have "ASIC-ed" an ASIC.
level 1
badgerpit
3 points · 28 days ago · edited 27 days ago
Seems like some clarity would be appreciated by many NH miners..
- Updated to reflect launch of NHML -
Happy to get corrected on this and I a imagine this will change pretty quick but for now, if you want to mine Grin on NH on your GPU, you need to:
And don't:
- Download and install NHML, there's a link on their home page (the legacy miner). Configure it with your miner name and wallet address.
- Have a rig running 1070's or above.. still no AMD.. the included Gminer still struggles with most 1060's
- Run your benchmarks with the newly installed NHML
- Hit start once benchmarks are finished.. you are mining using NHML... it will auto switch but for now, Grin is the most profitable
- Don't enable (disabled by default) bminer in NHML
Isn't this the perfect argument to purchase instead of mine?The thing to remember is that if you mine even through unprofitable periods, you can still make bank later when your tokens go up so long as you don't cash them in immediately. I mined a bunch of ETH during the 2016 DAO crash and made a big profit later when it skyrocketed beyond all expectation. Anyone who kept mining through the crypto crash of 2018 saw total token returns go up due to falling hashrates even if profits indexed in USD went down thanks to lowering prices.
Oh my.
I just started mining Grin, trying it out at least. We should really start a new thread for it though, so as not to clutter the Ethereum one
Isn't this the perfect argument to purchase instead of mine?
Once the cost of mining a coin exceeds the value, its better to buy, unless you can use the waste energy (heat).Eventually that's what I started doing, with ETH. The difference is that mine&hold provides steady tokens at repeatable costs, whereas buy&hold requires funding up front (unless you buy over time, such as via dollar cost averaging).
Once the cost of mining a coin exceeds the value, its better to buy, unless you can use the waste energy (heat).
I always found the dollar cost averaging argument as flawed. I tend to see each new investment as something unique. To use the previous price to lower the average negates the initial advantage.
As is typical in a non-bear market, profitability isn't high. The 1080 Tis are getting about 0.22 Grin/day, while the 2080 Ti had been making as much as 23 Bytom/day but more recently about 19/day (about $1.66/day based on current CoinMarketCap pricing).whats the profitability like? I have 1080tis and 2080tis
I would identify and isolate GPU3, try mining with it/testing it as a lone GPU. It could have gone bad or unstable.
You guys think there will be another mining craze?Bitcoin is at 8k now and gaining 1k per day...and of course all altcoins also goes up.I know there are pretty much asic miners for all altcoins but...
We just slowly recovering from last mining craze and prices for GPUs finally get down after 2years mining and now this
I dont think pc gaming market can take another round of mining and crazy high gpu prices.
At the current prices it's just easier to buy ETH outright, much less hassle. Hence why you're seeing all the cheap cards on ebay. There might be another mining craze if ETH goes high enough, but IMO the market is changing. If ETH ever implements POS there won't be many coins left to mine aside from XMR and random shitcoins.
Yeah, right now depending on your cost of electricity it's around $140-$200 per ETH to mine based on just electricity, not even factoring hardware costs. ETH will need to get around ~ $750 before we see another mining craze.