Crypto currency mining

moltuae · #1 21st September 2017, 07:54 AM

Yeah, I'm not so sure I'd buy another S9 right now. While my S9 continues to perform flawlessly, I suspect there may be a newer replacement in the pipeline. Not sure of the original release date but I think they'd been around for over 12 months when I bought mine. Might still be worth picking up a used one on Ebay, if you can find one at the right price.

The 3 x L3+ miners we ordered seem to be on their way now, though separately for some reason. The first one has already landed in UK customs, awaiting duty payment. That was paid yesterday so I expect we'll have that one in a day or two. The second one was despatched yesterday from China. Still waiting to hear news of the third unit.

Also, I've now had confirmation of payment received for the D3 I ordered. The international bank transfer I made ending up being about £30 short (due to bank transfer fees I think) so I contacted them and paid the difference using BTC. Sending cryptocurrency is so much simpler than doing a bank transfer ...

ainarssems · #2 23rd September 2017, 06:31 AM

Mine is still not shipped but I ordered one of the last units so I guess it will be one of the last to ship. The reason they ship them separately could be due to the cost on large/heavy parcels or to spread the risk of loss/damage in transit. Or maybe for the buyers who bought several units they ship so that everybody gets at least 1 unit early and then the rest later.

lackovicj · #3 27th September 2017, 11:25 AM

Use geforce GTX 1080TI must be a TI and you get around £5 a day profit with nicehash software...
gtx 1070 gives me like £1.40 a day.

ainarssems · #4 27th September 2017, 11:38 AM

Not quite that much. I have 2x1080Ti and both together earn £3-6 per day as it changes a lot over time and it costs about £1.30 per day in electricity to run them.

lackovicj · #5 27th September 2017, 11:53 AM

Quote:

Originally Posted by ainarssems

Not quite that much. I have 2x1080Ti and both together earn £3-6 per day as it changes a lot over time and it costs about £1.30 per day in electricity to run them.

I have tested the 1080ti profit while back in one of the pc we had here, single gpu was giving £4.6 but I admit the crypto difficulty is constantly changing and profit goes down. It would worth getting hands on some render-farm

moltuae · #6 27th September 2017, 12:56 PM

Quote:

Originally Posted by ainarssems

Not quite that much. I have 2x1080Ti and both together earn £3-6 per day as it changes a lot over time and it costs about £1.30 per day in electricity to run them.

I get about the same. I have a 4-card 1080Ti rig that's doing about 3mBTC/day.

Incidently, our first L3+ arrived last Friday and has been mining continuously since Saturday. It seems to be averaging around 4.5mBTC to 5mBTC, pointed at NiceHash's servers. Not bad considering it only consumes 800W. When the other 2 arrive, I plan to point one of them at a Litecoin mining Pool to do a direct earnings comparison.

Delboy · #7 27th September 2017, 02:12 PM

Question for you all.

How much data is passed over internet to run a miner.

Was thinking if possible to run on boat I work on which has power on tap but internet is via sat.

moltuae · #8 27th September 2017, 03:15 PM

Not sure of the exact bandwidth requirements, and it'll probably depend to some extent on what's being mined, but it doesn't need much.

You can certainly mine over WiFi and a 4G LTE connection (I've tried it) but I'm not sure about satellite broadband. Latency might be an issue there, possibly resulting in lots of late/rejected 'shares'. 3G/4G would probably be more reliable if it's available (I'm assuming not, unless the boat is docked).

Having said that, it's easy enough to do a quick test. Just run NiceHash up on a PC equipped with a suitable graphics card and check the performance over the sat connection.

ainarssems · #9 21st October 2017, 11:22 AM

Quote:

Originally Posted by Delboy

Question for you all.

How much data is passed over internet to run a miner.

Was thinking if possible to run on boat I work on which has power on tap but internet is via sat.

The internet usage is very little, I have not done any tests but I understand you need less than 5kB/s with less than 2GB/month usage but low latency plays part which could be a problem with satellite. Probably not a problem with high power miner which runs at high difficulty but if you just run a test with like a 1 GPU PC you might get your shares rejected if they are late. Obviuously cannot say for sure as I have not tested.