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I've felt like the forums are overdue for a post with the basics of cryptocurrencies and the blockchain, why they're useful/hold value and the technology they are going to be shaping in the future So the first one is a basic but highly informative video on how cryptocurrencies actually work, what blocks and a blockchain actually are, and why they could be useful: The next is related and mentioned at the end of the first video on why the tech behind cryptographic hashing (namely SHA256) is so hard to break: Next is a video on the industries that are going to be or already being changed from blockchain technology: Finally (I think this should be enough to get the idea) are some articles based on the social, as well on some more explanation of the economic, changes and implications that blockchain technology will bring about in our lifetime: https://hackernoon.com/why-everyone-missed-the-most-important-invention-in-the-last-500-years-c90b0151c169 https://hackernoon.com/reflections-on-the-best-blockchain-tweets-ever-written-d488af960d4f Hopefully this helps at least a few people understand and want to know more about blockchain technology and why it's neat, outside of 'You can mine it with your computer and make money(?)
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I've been closely watching Ethereum prices this week and, while the trend continues, the prices have gone significantly lower this morning, reaching a 24h low of 136.55 dollars. Expect to see more stock soon, as well as better priced ebay listings pretty soon as more people start getting rid of their rigs. You can also watch Ethereum prices in this website: https://www.worldcoinindex.com/coin/ethereum I can finally buy a fucking GPU Edit: RIP the dream
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I changed my memory timings using Polaris Bios Editor and flashed it using ATIflash. All I did was copy paste the 1750 value into the 2000 value. The GPU is not bricked, I can easily flash the original BIOS back and everything works. I have tried resetting the CMOS. Any suggestions?
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What is up my tech enthusiasts! After a long time of not posting, i return with something relatively juicy. With the current craze of ethereum mining and people getting their hands on as many AMD gpu's as possible, i've chosen to take another route and mine with some Nvidia cards! #goteamgreen (I'm just trolling here i love amd's stuff as much as nvidia's). I know many of gamers are pretty mad at miners because of how both AMD and Nvidia have raised pricing on what are meant to be affordable cards due to demand (rx 570,580s, 1060, 1070s etc) So I thought to go all in and pick up a couple more 1080ti's with the intention to mine ZCASH! (An underrated cryptocurrency imo) I have not gotten my hands on a mining frame to properly separate the cards and give them adequate breathing room but for now have just installed them all in my H440. I currently get a max of 2300 sol/s with light overclocks on the air cooled cards and a heavy clock on the hybrid cooled one. This equates to about 0.07-0.1 Zcash a day. It's working out to be pretty profitable at the moment and have amounted one coin so far! TL;DR : Bunch of 1080ti's packed in a h440 mining zcash in my garage
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Hi, I am trying to set up a mining rig. Can you give suggestions on the best hardware. Suggestions on the motherboard, CPU and the GPUs will be very helpful.
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- crypyocurrency
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Good evening all ! This is come off as early: but I am building an ETH staking PC (even though ETH staking isn't out yet). Anyways, staking will require a PC to be up-and-running all the time, however it won't be mining it will simply be validating transactions by communicating with the internet. The challenge comes in the form of reliability: a strange question, I know. But I need a PC that will have multiple back-up drives that can run all the time without me worrying about them breaking. I need a PC with parts that are know to be reliable. Looking online, I don't find much information. Can anyone recommend a me a build with parts that are know to be reliable, rather than performant. Performance is not an issue, as the PC won't be doing much.
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I am planning on adding an extra GPU to my crypto miner. I currently have 2x pci-e 6 left (1 per PSU, 2 PSU's in total). I wondered if it was possible to convert those 2 single 6pin pci-e slots, to 1 pci 8pin to power 1 more GPU. In case it it relevant, I also got 2 spare 2pin pci-e pins left. Those are not used because my other gpu's used 14 pins total, and thus left me with 2x 2pci-e pins.These pins come from 1 PSU. Kind regards.
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So when I am not playing games I let my rx-480 mine Ethereum with the claymore miner so that I can make a small amount while I am still on the schools power and not paying for it. After doing a windows update yesterday (not by choice) my hash rate was down to less than half (like probably a third) of what it used to be. I asked @jakkuh_t on twitter and he told me to set my gpu from graphics to compute mode which did bring it up about 30% but still is only about 45% of what I used to get and I am not sure why. Side not that I never did anything special to make it mine faster, I always just left it as is and started the miner, no overclocking or messing with the settings in any way.
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Dear internets, about two years ago I was farming ethereum. I did it for a coulpe of months, and forgot about it since. Since then its price rose so I would like to sell it. The problem is that back then I mined via nanopool, and now when I come to visit nanopool.org, the site is different than it used to be and there is no login option. So I would appreciate some instructions on how I can sell what I have. Thank you!
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I set up a cryptocurrency mining rig for a family member recently and set him up with a b250 Mining Expert from Asus (Pentium G4400, 1x4gb ram, 120gb SSD) and we started with 5 RX580s (Asus Dual series) to mine with (3 plugged into the top row of x1 slots, 1 into the x16 slot, and 1 into the first of the second row of x1 slots) powered by an AX1600i. All of them are plugged in correctly with the psu powering everything, including the aux power for the slots I'm using. I'm currently using WinEth to mine on Windows 10 64-bit. The issue that I'm having however is that whenever I click "Start Mining" at random, only 2 or 3 of the cards actually get used. I have all the latest drivers installed, I have set their load to compute in the radeon driver settings. The weird part is that it's always a different 2 or 3 cards that get 'chosen' to actually do calculations. As most of you are well aware, you need some pretty damn good efficiency to get anywhere with GPU mining nowadays, so I'd like to have this up and running properly ASAP. Thank you in advance for your help!
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Gaming redefined by blockchain, WAR FIELD is a multiplayer first-person shooter that uses Ethereum-based tokens you can buy, sell, and win for skilful play. Q: With a setting like that are you sold? A: Na, me neither! Lets continue then... This game uses a Ethereum-based GOLDER (GLDR) coin that is used as your WAR FIELD lucre. P.s. As you can tell I'm highlighting the important parts. Disclaimer: Don't get me wrong, if you want to use your money for this then go ahead. But 'Dude from the Internet', seriously? I'm not a Crypto Miner so to joey blogs this all sounds like a ripe-off and just a little extra info, 2,571 BILLION coins are available to start with at a 1 GLDR = USD 0.01 ratio so if you want to make some money, now is the time. This is a US and Europe only game as of right now. Release Date: 2018-06-21 War Field Development Roadmap: I had chance to have a conversation with them and here is what they had to say: My Final Explanation: So it’s not Free to Play then if you have to Pay to Live unless you are good enough to kill anyone. Full disclosure: I found this game by chance on a Facebook Ad served to me on the iPhone App. I have no affiliation, nor am I profiting in anyway from this. Ending out by saying: What I would like to know is, how many Crypto Mines see this as a good thing or do you see it as a scam to those who aren't good at a game and those that are will profit from them. Maybe you have a different opinion on this. Anyway, have a good day and I hope @LinusTech & @Slick, you might be able to talk about this tonight or next week on WAN Show. White paper is in the attachments else it can be found here: warfield_wp.pdf warfield_wp.pdf
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Secondary Sources: Bleeping Computer, Marketwatch, Stanford University Primary Source: Vectra It's no surprise that cryptocurrecies especially Bitcoin created a monster. At the moment cryptocurrencies are associated with the following such as: Money Laundering Tax Evasion Cybercrime This guy shown above have to cover his mining rig with a blanket during dorm inspection. I'm not surprised if mining rigs like that one above are banned in college dormitories simply because of the fact that students are abusing university resources including power. There's only so much that tuition covers and it will be too much financial burden for the university to pay a high electric bill. Also I think those mining rigs can pose a danger of catching fire if overclocked and not cooled properly. That's why other universities such as Stanford called for a complete ban of cryptomining inside campus saying: But from the perspective of the student named Dilliha, he got to do what it takes to offset costs of living and taking advantage of the university's tuition paid electricity is one of them. He bought the mining rig from eBay and he said he's earning $30 a week which may not seem a lot but in a month that would be enough to pay his phone bill and save the excess in a bank or spend it on something else. But students also have to understand that they are abusing their privileges so it shouldn't piss them off if school authorities come knocking at their dorm rooms and seizing their mining rigs. Another incident is in Arizona State University when a college student posted something on Reddit last year about mining Bitcoin using Nice Hash with two GTX 1080TI. Some people suggested using a VPN but OP said it made things slower. As reported by Vectra, higher education is one of the targets in cryptojacking. One reason they point out is sloppy as Bleeping Computer says, Just like the student from University of Iowa who cheated by changing his grades 90 times and later got kicked out, it makes me wonder how do school administrators allocate and spend all their earnings because security is something not to be taken seriously. I'm by no means an IT administrator or a CISO/CSO but they can implement deep packet inspection to their networks to block access to mining sites as well as blocking VPN access, tighter firewall rules and enabling "default deny" in computers within campus like computer labs and librariers. Windows 10 Pro, Enterprise and Server 2016 has built in default deny feature called "AppLocker" which is integrated to Windows Defender Antivirus. Third party enterprise solutions also has default deny features and are extended to USB flash drives which will not only block blacklisted programs but also access to USB flash drives that might be harboring cryptomining malware. Some people in the forum have suggested "No Script" but as it turns out, it not only cripples your web browsing it can easily be circumvented as some cryptojacking techniques are way sneakier than merely injecting mining scripts in websites as many of them take advantage of unpatched vulnerabilities. [Sources here, here, here, here] I agree that ransomware has lost its spotlight in a matter of months and cybercriminals have shifted to mining cryptocurrency. But it only shows that some broke college students have to resort to mining just to pay their dues even using electricity and internet that is not their own. I've said it once in a status update but I'll say it again, I want to see cryptocurrencies to crash and burn.
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I just had an interesting thought. There's a sizable amount of Gamers who openly protest against mining, and with good reason. It's obvious that mining is the biggest cause of the massive increase in GPU prices. I personally mine with Nicehash on my gaming desktop when it's not in use, and because of this I've nearly been able to have my GPU pay for itself. Whenever I mention this on discord or elsewhere however, I get judged and blamed for contributing to the current state of GPU prices. Most people seem to believe a Crypto-boycott is the best way to get GPU prices back down. Here's why I think that actually makes the problem worse: Mining difficulty is scaled with the amount of miners on the Blockchain, but the block reward remains fixed (for now). If there are fewer people on the Blockchain, it is easier (AND MORE PROFITABLE) to mine. By decreasing the amount of miners on the network, it becomes more profitable to mine, which means that GPU mining will remain profitable for a longer period of time, worsening the GPU shortage. In addition, Gamers are less likely to reinvest earned money back into GPU's for mining, whereas existing miners are far more likely. If Gamers instead all mined as much as possible, mining difficulty would likely skyrocket. In addition, most money Gamers earn from mining would be taken out of the cycle of "Buy GPU's > mine > sell > Buy GPU's..." I believe the only way to decrease demand of cryptocurrencies (and therefore GPU's) is to increase the supply of compute power on the Blockchain until it is no longer profitable to mine with GPU's. Thoughts? Edit 1: Many people have pointed out that there are many, many cryptocurrencies out there to the point that it would be impractical to inflate them all. While this is true, you don't need to inflate every single one. Like most things, statistically cryptocurrencies follow a Zipfian distribution. What this means is that the market cap of a single cryptocurrency compared to all cryptocurrencies will approximate a fraction equal to 1/rank of cryptocurrency + 1. See the figure below, where bitcoin is approximately 50% (1/2), then Ethereum is approximately 33% (1/3), then Ripple is approximately 25% (1/4), and so on. This distribution is almost certainly likely to remain true, although the actual Cryptocurrencies in each rank may change. This means only the top 3 or 4 cryptocurrencies need to be inflated to wipe out the vast majority of market cap of cryptocurrencies.
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this is rev2.0 in progress pros: - small volume (700x340x270mm) = 64liters - normal "frame" rig is about 100+ liters - small footprint - easy to carry/move (possible to ship whole rig without problem - i already send 8 gpu rig internationally with standard dimesion box - i mean not oversize - this impossible to do it with normal wood or even metal frame - with front fans (even @ 5/7V) lower temps than "frame" rig - mounted pci-e/usb risers - I am build rig without gpu - all connected - after that prepared rig 12x gpu connection take only 2 min - also replace gpu is very quick - all mobos support (itx/atx/eatx/even ssi-eeb) - easy replacement mobo or gpu riser alu panel - so for example I can put any number of gpus - for example 8 - with more spacing between them or even 16-17gpu dual slot gpus should fit (but then will be only 1-2mm of spacing between them) - nice look - easier to organize cables inside - atx or server psu mounts (not in pictures - i should get them from cnc shop next week) + bonus feature - full modular interior design, so instead of mining rig it can be use as normal pc case - watercooled or NAS rig (72x HDDs should fit)
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So I posted this in Discord, but thought I'd also reach out here to get some thoughts. With Bitmain announcing their Ethereum ASIC, I've noticed an uptick in the amount of GPUs being sold secondhand on Ebay, Craigslist, and FB Marketplace (not a huge one, but I check the listings almost daily looking for a good deal). Usually, the GPUs used for mining are the ones that are being sold cheapest, usually at or slightly below MSRP (a sad statement in and of itself), which brings me to my question. What are the dangers of buying a GPU that was used for mining? Having checked the Google, I found a couple of articles that pointed to the main point of wear being in the cooling apparatus--typically the fans, but also in the thermal compound connecting the chips to the heatsink. While cooling is definitely something to consider (especially in the Mini ITX case this is planned for), aftermarket GPU cooling solutions do exist, and if needed, I could just replace the VGA cooler. Is that the only concern that comes with the type of use that mining sees? If a GPU is constantly run at 100% for an extended period, what sorts of wear and tear will show up? Is there anything that can't be repaired with either an aftermarket VGA cooler or a soldering iron and a trip to the hobby electronics store?
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after setting wallet , ethereum mining on 1060, @22 mh/s when will i get the ether in my account and how/where to use that ethereum money .
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So I'm using the nanopool to mine ethereum with my gtx 1060 and I generated one share, but now even though it says I am mining (it shows my speed) I don't earn shares. Here's the copy paste of the cmd. I am using coinbase as my wallet. This pool (eth-eu2.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.This pool (eth-eu2.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.Pool eth-eu2.nanopool.org removed from the list This pool (eth-us-east1.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.This pool (eth-us-east1.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.Pool eth-us-east1.nanopool.org removed from the list This pool (eth-us-west1.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.This pool (eth-us-west1.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.Pool eth-us-west1.nanopool.org removed from the list This pool (eth-asia1.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.This pool (eth-asia1.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.Pool eth-asia1.nanopool.org removed from the list ETH: 1 pool is specified Main Ethereum pool is eth-eu1.nanopool.org:9999 AMD OpenCL platform not found Be careful with overclocking, use default clocks for first tests Press "s" for current statistics, "0".."9" to turn on/off cards, "r" to reload pools, "e" or "d" to select current pool CUDA initializing... NVIDIA Cards available: 1 CUDA Driver Version/Runtime Version: 9.1/8.0 GPU #0: GeForce GTX 1060 6GB, 6144 MB available, 10 compute units, capability: 6.1 Total cards: 1
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Hello, I was partway through syncing the Mist ethereum wallet with the blockchain, and it stopped working. I then proceeded to close it and open again, but it shows this every time.
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Hi So I wanted to try my hand at mining Ethereum, so I set up a Jaxx wallet, Claymore and joined Nanopool. I'm running at about 2Mh/s, which seemed pretty low compared to a 1080 running at 33Mh/s. Is this hashrate normal for a 960? I checked my GPU UC in afterburner and it´s jumping up and down between 0-100 all the time, is that how it should be?? HWmonitor says GPU UC max is only 37%. I would appreciate all the help I can get!
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I have plans to get a new card for mining and did some research to decide which card is better for mining ethereum. Apparently besides forums or youtubers that says AMD Radeon cards are best for mining ethereum, there is no actual yet accurate data concerning the hashing rate of each card. Im using R9 290x and avg hashing rate is 29Mh But apparently some data that ive found is far less than this. Any card recommendations for mining ethereum? Im thinking of getting 1070ti or 2x RX580 Thanks alot
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Hi im thinking of upgrading my system (i7 3770k,16GB ram, gtx 1070, 750w psu)with a few gpus + possibly hdds for mining & server? Storj?burst? What should i expect earning from 3 8TB drives 24TB total, gtx1070+(2*gtx1060) lets say i get 24TB for 600$ and the 2 1060s for 600$ how long would it be until i see a profit not counting my current parts the( 1070 ) what could i expect to make monthly what should i mine? Zcash? Ethereum? And for hdd mining / server what will be most profitable? Is 6gb 1060s worth it for mining or 3gb more worth it? Sorry if it was a handfull
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How do i see how much i have earned with claymore miner?
Guest posted a topic in Folding@home, Boinc, and Coin Mining
Right now my miner only spews this text at me, but the total shares is 0? Does it means it isn't mining? When i frist booted it up it said that total shares is 1, but now it says it is zero? How do i see how much ethereum i have mined?- 3 replies
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Hey everyone, I'm new to the forum although I've followed LTT for a long time now. So basically I have varius doubts for cryptocurrency mining. Me and my friend are willing to put in the effort to do it, but we don't want to get an ASIC machine, we would love to build our own mining rig. And yes, we know we are quite late to some crypto partys lol, but we still would like to do it. The very first thing is choosing the crypto currency, because there's some like BTC wich is going down slowly so obviusly we arent going to mine those aswell as the difficulty and stuff. I was mostly interested in Ethereum and Zcash (Opinions?) I would like to know how do you guys chose (those who mine) wich coins to mine, as there are so many different factors around it. That'd be the very first step really. After that, Graphics cards, I was actually thinking of just going with 4 or 6 rx470 or 480 but then I read that depending on what coin you mine you should go with X card or Y card, could someone explain to me this please?? At the moment that's it, I dont want to make a long post. Thanks in advanced!! -Calum