Cryptocoin Mining?

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xodusgenesis

Member
Oct 14, 2013
46
0
0
Funny thing is DOGE might save crypto currency as it doesn't take itself so seriously as BTC. Also the value of one DOGE is so low that it's easy to tip people.
 

E6700

Senior member
Dec 31, 2006
208
1
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i just bought GTX 780,should i bother mining? i have free electricity. how much will i make a day? thanks
 

blastingcap

Diamond Member
Sep 16, 2010
6,654
5
76
At current prices and difficulty, you'd likely make about $2.50 per day (very rough estimate) which will decline as difficulty rises. If this month is anything like last month, you'll be down to under $2 per day by the end of January. Your card will run hotter than with normal gaming load, so you'd likely have to crank up the fan. This creates noise, but also it wears down fans till they start to squeak and seize up. I refuse to buy non-reference Sapphire cards now because their fans have crapped out on me faster than any other brand. I'm not sure about fan quality on the NV side though. I believe ASUS has some of the sturdiest fans on the market so I'd recommend those.
 

UNhooked

Golden Member
Jan 21, 2004
1,538
3
81
I freaking HATE Cryptsy....My Doge deposits from this morning still haven't showed up. Yesterday my Elacoins didn't show up.

I FREAKING hate it@@

We really need another Exchange that has autosell. That's pretty much the only reason why I use it, that the selection of coins.
 
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PPLP_SMorse

Member
Apr 28, 2012
40
0
61
I freaking HATE Cryptsy....My Doge deposits from this morning still haven't showed up. Yesterday my Elacoins didn't show up.

I FREAKING hate it@@

We really need another Exchange that has autosell. That's pretty much the only reason why I use it, that the selection of coins.

I've been using coined up. Log in every few hours and sell them myself.
 

philipma1957

Golden Member
Jan 8, 2012
1,714
0
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So for an R9 280x whats a good temperature to keep the card at? I managed to tweak my settings and am getting 600 Kh/s at ~78-80C. I was getting 700 Kh/s but I was feeling a little uncomfortable when I started going over 85C.



78c is as high as you want temp wise.
 

suklee

Diamond Member
Oct 9, 1999
4,585
10
81
Anyone's Nvidia / cudaminer mining temps go up recently, out of the blu (within the last 2 - 3 weeks? I swear I was in the 80s before but all of a sudden it jumped 10C and only thing I tried was a newer version of cudaminer. However I reverted to the previous version after a couple uses.
 

slashbinslashbash

Golden Member
Feb 29, 2004
1,945
8
81
I freaking HATE Cryptsy....My Doge deposits from this morning still haven't showed up. Yesterday my Elacoins didn't show up.

I FREAKING hate it@@

We really need another Exchange that has autosell. That's pretty much the only reason why I use it, that the selection of coins.

I removed some Doge from Cryptsy this afternoon myself. Didn't take all that long. I did have to click a link in a confirmation email.

I'm taking a lesson from all of these hacks though: don't leave coins sitting around with third parties, whether exchanges or pools. Even if they are not crooks themselves, it is certain that the crooks are trying to hack them 24/7, and nobody's security is perfect. I have a small amount of RonPaulCoins that are stuck in NetCodePool while they work out their security issues.
 

nwo

Platinum Member
Jun 21, 2005
2,309
0
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78c is as high as you want temp wise.

Ideally, yes. But sometimes it's easier said than done. I can't get my XFX 7870 DD under 90* while mining @ 100% fan speed. My reference 7970 at stock voltage runs above 80*C with 65% manual fan speed. Any louder/higher fan speed and I would have hearing loss.
 

wand3r3r

Diamond Member
May 16, 2008
3,180
0
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At current prices and difficulty, you'd likely make about $2.50 per day (very rough estimate) which will decline as difficulty rises. If this month is anything like last month, you'll be down to under $2 per day by the end of January.

I'm not sure about fan quality on the NV side though. I believe ASUS has some of the sturdiest fans on the market so I'd recommend those.

I would like to add to this.

While the above is true and could turn out correct, there are possibilities that what you mine now and hold, or actually convert to a "core" coin such as Lite/Bit coin, rises or falls in value so that it would be $0/day or $25/day if held.

Looking back less then a year ago I decided to mine bitcoin for a very short period, then it seemed too difficult and it crashed so I quit due to the "difficulty". Well, that little bit I mined then is worth 10x more now so it was worth it and would have been worth it long after I quit. (Bitcoin doesn't pay to mine with GPUs anymore though).

So you can either go in short term and pay off your card etc. or take a (bigger) risk and see what happens. What blackened said is true, and very possible, but it's not the only possible path as it could rise in value to overcome the difficulty.

The one caveat is that a lot of the million alt-coins may die, so pick which one you hold with care if you decide to go that route.

On the asus side, they do make great stuff, however I wouldn't recommend them simply due to RMA hassles. That is extremely subjective however (obviously)!

78c is as high as you want temp wise.

My 290x's run at about 90-94C which is the standard operating temperatures. For all earlier cards I wouldn't be afraid of 80's, I don't know where you picked 78C from, I think it can be higher.

Not sure if anybody noticed, but "The Stilt" is now tackling 290 and 290x performance, but there may be a snag in the driver checking the bios signature.
https://litecointalk.org/index.php?topic=12830.0

Thanks for the info.
 

blastingcap

Diamond Member
Sep 16, 2010
6,654
5
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My 290x's run at about 90-94C which is the standard operating temperatures. For all earlier cards I wouldn't be afraid of 80's, I don't know where you picked 78C from, I think it can be higher.

Philipma1957 has mined with many cards for a long time, so I would go with his recommendation of 78C as the highest safe temperature given his experience.

Someone (Communism I think) brought up a good point about fans dying faster due to the higher temps of 290/290X on lubricant. I'm not worried about a reference 290/290X because the blower is far away from the GPU and just shoves air down the card, but axial fans located next to the hot fins above the GPU are going to be toasted more than usual. Just because AMD claims 94C is safe doesn't mean it's going to last as long as previous cards. Just look at NVidia's bumpgate--companies may have certain projections of lifespan, but they don't pan out sometimes because of something they forgot to consider.

My Sapphire 7970 fans crapped out on me from heavy usage for less than a year, faster than every other brand I've tried. ASUS and XFX's newest (DCuII and R9 only, not talking about XFX's crappy 7xxx stuff) fans look the most durable to me. Since those fans are semi-sealed against dust, I think they may stand up to high heat better. I have only had good experiences with ASUS RMAs but I've only had to deal with their laptop department and I guess their video card department has a worse reputation.

Sleeve-bearing fans are the cheapest, flimsiest fans and should not be run horizontally, yet video card makers use them anyway, on the theory that it saves the a little money, they are quietest of all fans when new, and by the time the fans wear down too much and get noisy and/or seize up, it'll be time to replace the card anyway. But I think they expect normal use, not 24/7 at high fan speed. I would like there to at least be an OPTION to buy models that use ball-bearing fans, preferably 2-ball bearing, which would last a lot longer even if it's slightly noisier. Look at any good PSU and it will use at LEAST a 1-ball bearing fan due to their horizontal fan mounts; they should do the same for video cards. (Sleeve bearing is fine for vertical mounts like on tower CPU coolers such as the Hyper 212+ since gravity will better distribute the lubricant.)

So among all the 290s that are out so far, I would only go for reference designs and ASUS and XFX, personally. (My 290s are reference.) I have no experience with Gigabyte Windforce but given that they already had a 290 product recall (yeah I know they tried to put the blame on a subcontractor, but still) I'm not sure how much faith I have in their engineering department being on top of things. I'm with Philipma1957/Communism on wanting lower temperatures than what AMD marketing claims is safe.
 
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Feb 19, 2009
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The major reason for keeping temps low when mining is because it reduces power consumption, I've been seeing other people run their R290/X mining and they are drawing 250W according to GPUZ. Thats an absurd amount compared to mine that only drain ~200W from GPUZ readings. Thats because its temps are very low.

I have not tested in the 70-80C range, but going from 55C to 61C caused an extra 10W average according to GPUz. Then going from 87 to 91C caused another 10-20W spike while mining.

Blower fans are very resilient, its often not an issue to have them full blast. Its the axial fans, and the older generation with cheap designs that fail often.
 

wand3r3r

Diamond Member
May 16, 2008
3,180
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:thumbsup:

Ok, thanks for the info. I generally don't keep anything until the warranty expires, and I haven't ran anything 24/7 (at full capacity) for years on end so it's good to get solid info from people who have. This thread has been interesting and informative, particularly about the idiosyncrasies of the different versions of the cards. (A 5870 fan went out on me and seems like a common occurrence)

The mention of a fan not meant to run on it's side, what do you think of having a case on it's side so the cards are vertical with the front face when you open the panel on the "top"? That would mean the fan is spinning on a vertical axis instead of a horizontal axis (similar to an open bench). Would that strain a reference fan too much?
 

blastingcap

Diamond Member
Sep 16, 2010
6,654
5
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:thumbsup:

Ok, thanks for the info. I generally don't keep anything until the warranty expires, and I haven't ran anything 24/7 (at full capacity) for years on end so it's good to get solid info from people who have. This thread has been interesting and informative, particularly about the idiosyncrasies of the different versions of the cards.

The mention of a fan not meant to run on it's side, what do you think of having a case on it's side so the cards are vertical with the front face when you open the panel on the "top"? That would mean the fan is spinning on a vertical axis instead of a horizontal axis (similar to an open bench). Would that strain a reference fan too much?

Sleeve bearing fans are fine if run vertically so that the axis of rotation is parallel to the ground so it should be fine. (I think you meant to say that the axis of rotation is horizontal, not vertical.) If they run vertically the lubricant doesn't pile up all on one side. Still doesn't resolve the potential issue of extra heat drying up lubricant faster, but at least what lubricant you have left will be more evenly distributed. But make sure it's really vertical, I used to live in an apartment that actually bowed in so the floor wasn't always parallel to Earth. In such a case, I'd use a thin book as a shim to get the fans perfectly vertical.
 
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wand3r3r

Diamond Member
May 16, 2008
3,180
0
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I just started mining the other day because running the main client alone for a week didn't get me anything. The official client at this time appears to only use the CPU.

With the GUIMiner client and deepbit.net I'm earning 1 bitcoin a day running on my HD 6970.

The catch is that the people who supply the services change a service fee. They take a small percentage.

Know how to make more money? Turn your PC off for that hour.

You guys definitely missed the bus on this one. Difficulty is destroying miners profits pretty effectively. I used to make ~30 bitcoins/day with my dual 6970s in February. Since then difficulty has increase from 25k to 250k and difficulty is about to jump by over 70% in the next ~24 hours.

Those of you who are naysayers, it isn't a pyramid scheme with a nasty catch. The system is completely open source, you aren't crunching numbers to destroy America. The one catch is that it is not free money, you may make some money in the short run, but unless you have cheaper electricity and can stay ahead of the pack hardware wise, and I'm not just talking about GPUs. People are starting to develop ASICs for this and using FPGAs due to their better performance per/watt. In a few months time I'll probably be selling all my cards because the difficulty just continues to march ever higher and I won't have the capital to purchase swarms of FPGAs and the ASICs probably won't be sold to the public.


Heh reading the first two pages of this thread from 2011... :biggrin:
 

blastingcap

Diamond Member
Sep 16, 2010
6,654
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If you disagreed how come you didn't buy as many coins as you could back then? Fact of the matter is, few people had the balls to do so because few people believed it would ever explode in value like it has. Even today, it's unclear where things will go, if prices will keep going up or if alternatives will pop up and kill bitcoin like Facebook killed Myspace, or what. It's not even clear whether or not Scrypt ASIC miners are in production or if they are already completed and the makers are already mining with them. Hindsight is 20/20.
 
Feb 19, 2009
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Heh reading the first two pages of this thread from 2011... :biggrin:

Did you happen to find one with BC here trying to persuade people from mining? It goes a long way back.

Damn those miners, making all that money!

ps. Mining coins rather than buying coins was always about 1) risk minimization and 2) hardware enthusiasm.
 

blastingcap

Diamond Member
Sep 16, 2010
6,654
5
76
Did you happen to find one with BC here trying to persuade people from mining? It goes a long way back.

Damn those miners, making all that money!

You are chronically misstating what other people say. I said if you wanted to make more, buy coins instead of mine, and I was right. Buying and holding has been literally an order of magnitude more profitable than mining every year since inception. And if you want to make it personal then we can discuss your conflicts of interest pushing AMD cards. I don't work for AMD or its suppliers unlike some people. *cough* People who followed my advice to buy and hold made a lot more than people who followed your "mine mine mine" advice.
 
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