Crypto currency mining

[ainarssems]

Another weekly update


After the changes I made last week RX Vega 56 has been working faultlessly @1.9kH/s, profitability has gone up a bit for CryptoNight again so it's earning about £145 per month with £18/month electricity costs. I guess I should have bought more of them while they were available at under £400. Now it seems they are sold out everywhere and the ones that are still available are more expensive than cheapest Vega 64. The cheapest CryptoNight rig available for rent on miningrigrentals was about 15% more than 24hr average on NiceHash so I tried to set up rig on their site for rental but unsuccessful so far, it connects to pool and then just 'Socket closed' and does nothing. So left it alone for now, will try again later, maybe contact their support.

My third L3+ has arrived unfortunately not as good as first 2 as one hashing board does not respond well to overclocking.

D3 should be arriving on Monday, will test it first that it works OK, then flash modified firmware and go for best power efficiency. I think i will mine Dash directly and hold on to it as Nicehash although have gone up for X11 does not bring in much.

I was going to do some power and ethernet wiring to garage this weekend but got a bit side tracked and also could not decide best routes and locations so that's still on to do list. I need to figure out at least temporary solution fast as at the moment i do not have where to plug in D3.

Couple of my friends have started mining as well or are leaning that way. One has 3x GTX 1060 and is thinking of buying 6x GTX 1080 Ti. Not that interested in ASICs as he has no place to put them due to noise. One has bought S9 of ebay for £3k, another one thinking of selling car which he does not really use and getting S9 from Bitmain. Another one ordered 2 S9's from Bitmain with my help. Set up Electrum wallet for BTC, Electron Cash wallet for BCH, bought BTC on Bittylicious, this took some time due to limit you can purchase as new member, transferred from BTC to BCH using shapeshift.io and bought them from Bitmain. He mostly bought them for resale as has no place to put them due to noise. He spent about £2900 for both with about £80 worth of BCH left over and expects to pay about £550-600 in import duties then to sell on for £3k each.