Ethereum GPU mining?

[DrMrLordX]

For those who were disappointed about ETH not going anywhere, it is over $630 now, and it was as high as $714 about four hours ago. Briefly.

The volatility is insane here, but it looks like ETH is reaching new price floors. It'll be interesting to see if it can stay over $600.

As far as mining goes, honestly I am not convinced that now is a good time to mine anything except maybe XMR. ETH mining is still profitable, but it's not profitable enough to buy equipment for it in my opinion.

XMR on Vega 64 seems to be where it's at right now. Too bad Vega cards cost so damn much. Just when I thought prices were going down . . .

 

[Madpacket]

For those who were disappointed about ETH not going anywhere, it is over $630 now, and it was as high as $714 about four hours ago. Briefly.

The volatility is insane here, but it looks like ETH is reaching new price floors. It'll be interesting to see if it can stay over $600.

As far as mining goes, honestly I am not convinced that now is a good time to mine anything except maybe XMR. ETH mining is still profitable, but it's not profitable enough to buy equipment for it in my opinion.

XMR on Vega 64 seems to be where it's at right now. Too bad Vega cards cost so damn much. Just when I thought prices were going down . . .

Two weeks! For NewEgg to send me a V64....

I need moar Vegas now. XMR mining is awesome. Even my Ryzen CPU's are slowly paying for themselves. Keep mining Ether as well though, it's going to keep rising.

 

[fleshconsumed]

Supposedly they give 15% boost over regular Crimson drivers, but I have no idea about the delta compared to "mining" drivers. I'll be installing tonight when I get home.

So installed Adrenalin driver tonight. AMD wasn't lying. Switching to Compute does increase performance. However, something is a bit odd, didn't have much time to play, but it looked like with Adrenalin/compute there is zero effect on hashrate from increasing memory speed. I also take heavy hit when downclocking GPU. Before Adrenalin drivers I would downclock my GPU down all the way to 1000MHz while overclocking RAM a bit, the end result was almost the same hashrate with drastically lower power consumption and heat. This doesn't seem to work as well anymore.

However, as I said, I didn't have much time to play around, so my first impressions may not be entirely accurate.

 

[thilanliyan]

So installed Adrenalin driver tonight. AMD wasn't lying. Switching to Compute does increase performance. However, something is a bit odd, didn't have much time to play, but it looked like with Adrenalin/compute there is zero effect on hashrate from increasing memory speed. I also take heavy hit when downclocking GPU. Before Adrenalin drivers I would downclock my GPU down all the way to 1000MHz while overclocking RAM a bit, the end result was almost the same hashrate with drastically lower power consumption and heat. This doesn't seem to work as well anymore.

However, as I said, I didn't have much time to play around, so my first impressions may not be entirely accurate.

Is that for Vegas? Close to blockchain driver performance?

 

[Aikouka]

If the Electroneum team can get their act together it looks promising. It goes live tomorrow. I've mined a bunch but the pools are really flaky. I'll probably pop a few ETH's worth on some if it drops like I think it will.

Out of curiosity, which miner did you go with? I've been trying to run some, but they just won't work. The tsiv CCMiner gives me "GPU #1: FATAL: failed to allocate device memory for long state". If I remove GPU 1 (1060 6GB), it gives me the same error for GPU 0 (1080 Ti). The block amounts are more than small enough to fit in VRAM, and I installed CUDA 9.... yet it still doesn't work. I also tried XMR Stak (set to Monero), and it crashed.

 

[coercitiv]

However, something is a bit odd, didn't have much time to play, but it looked like with Adrenalin/compute there is zero effect on hashrate from increasing memory speed. I also take heavy hit when downclocking GPU. Before Adrenalin drivers I would downclock my GPU down all the way to 1000MHz while overclocking RAM a bit, the end result was almost the same hashrate with drastically lower power consumption and heat. This doesn't seem to work as well anymore.

Remove load from the GPU after altering memory clocks. After you pause or restart the miner you will see hash rate effect of mem oc.

 

[VeryCharBroiled]

Okay, so then you have to trust the Trezor firmware I guess? Is the firmware open source?

From what I know the nano S apps are open source (I see the in-progress monero app on github for example)?

yes trezor firmware is open source. the hardware is too.

https://github.com/trezor

i have both trezor and nano s. i like the trezor more, its easier to enter the pin and it works with any browser. with the nano entering long pins is kinda a pain and you need to use the chrome browser right now although that will change in the future from what i gather.

might be biased though ive had my trezor for years. nano has more coin support however so there is that. its the main reason i just bought the nano, for more alt support.

one thing i didnt like when i set the nano up: it only checked 2 seed words and then claimed i was all set. the trezor checked all 24. only checking two and saying youre good? damn, talk about a false sense of security. however just write a couple addys down or send a very small amount, then wipe and restore using the original seed words to check. THEN you know youre good. of course i recommend doing a wipe/restore/check with the trezor too. cant be too safe.

 

[Despoiler]

Is that for Vegas? Close to blockchain driver performance?

It's for all GCN I believe. I flipped to compute mode on my Fury card. I get 1-1.5 MH/S more.

 

[fleshconsumed]

Is that for Vegas? Close to blockchain driver performance?

I'm using RX480's, but as Despoiler has said, it should be for all AMD cards. Don't know how it compares to blockchain driver as I never used it. To be honest I wouldn't be surprised if "compute" was the blockchain driver but packaged in Adrenalin edition (or at the very least heavily influenced by blockchain driver). Switching between gaming and compute mode involves complete reload of the driver with monitors going dark and all my windows resetting to 1920x1080 resolution. It's very disruptive if you're mining on your primary desktop and have lots of applications open, it's not something I'd want to do several times a day.

Remove load from the GPU after altering memory clocks. After you pause or restart the miner you will see hash rate effect of mem oc.

I have never had to do that before, but I guess I'll try it this evening when I get home.

 

[thilanliyan]

Wow at that price!

 

[Despoiler]

I'm using RX480's, but as Despoiler has said, it should be for all AMD cards. Don't know how it compares to blockchain driver as I never used it. To be honest I wouldn't be surprised if "compute" was the blockchain driver but packaged in Adrenalin edition (or at the very least heavily influenced by blockchain driver). Switching between gaming and compute mode involves complete reload of the driver with monitors going dark and all my windows resetting to 1920x1080 resolution. It's very disruptive if you're mining on your primary desktop and have lots of applications open, it's not something I'd want to do several times a day.


I have never had to do that before, but I guess I'll try it this evening when I get home.

Just an FYI. The UI for the mode flip is a little buggy. I flipped to compute, the settings reset, but when they came back it still showed graphics. I would highly recommend making either the compute or graphics selection and then reboot. On reboot things work and show as they should.

 

[thilanliyan]

When I tried the 17.4 driver, the "compute" toggle never showed up for my Vegas. Where is it supposed to show?

 

[fleshconsumed]

When I tried the 17.4 driver, the "compute" toggle never showed up for my Vegas. Where is it supposed to show?

You mean 17.12.1? It's supposed to be in Gaming > Global

 

[thilanliyan]

You mean 17.12.1? It's supposed to be in Gaming > Global

Sorry I meant 17.11.4. Other people were talking about a compute toggle all the way back to a 17.10 driver, but I have never seen one with my Vegas. Does it not apply to Vegas?

 

[Despoiler]

Sorry I meant 17.11.4. Other people were talking about a compute toggle all the way back to a 17.10 driver, but I have never seen one with my Vegas. Does it not apply to Vegas?

Vega had an actual separate driver. Some GCN cards got the toggle on earlier releases. I think all cards should have the toggle now. Don't have a Vega yet to test though. Still waiting on those AIB cards.

 

[repoman0]

Back to mining ethereum on my single 1070 now that it seems to be worthwhile again for a time.

Wish I had kept what I mined early on ...

 

[Yakk]

Wish I had kept what I mined early on ...

Said every miner ever... It's a tough lesson to learn...

 

[Madpacket]

Just an FYI. The UI for the mode flip is a little buggy. I flipped to compute, the settings reset, but when they came back it still showed graphics. I would highly recommend making either the compute or graphics selection and then reboot. On reboot things work and show as they should.

Do you have an opinion yet if it's worth upgrading from the Blockchain drivers?

 

[Despoiler]

Do you have an opinion yet if it's worth upgrading from the Blockchain drivers?

Not a solid one. I don't know if AMD improved the blockchain driver in Adrenalin. I seem to remember them saying not to expect regular gains for the compute path. If they did add the toggle for Vega then it's a lot nicer to have the option to easily flip back to gaming. Assuming you game. I do know that the compute path for Fury is impossible to game on. Stalls all over the place. Lower fps.

 

[n0x1ous]

Vega does not have the gaming/compute toggle. AMD said all the compute functionality was already active so need for it on Vega. I installed Adrenalin on an r9 290 last night and the toggle is not there either. Must just be Fiji and Polaris?

 

[PhonakV30]

Any word on how the new Adrenaline drivers are for mining?

Much worse than Blockchain driver.even Monero gives much lower hashrate than this.I got 220h/s.I went back to blockchain and still get 820h/s ( RX 480 )

 

[IntelUser2000]

Said every miner ever... It's a tough lesson to learn...

Back to mining ethereum on my single 1070 now that it seems to be worthwhile again for a time.

Wish I had kept what I mined early on ...

That's ok. At least you made a conscious decision. I made a mistake of deleting my keystore file for Ethereum. Not a huge amount, 4.5 Ethers worth. I tried using recovery software but it is on an SSD and you know, garbage collection makes it hard to recover data. It's not a big amount, but enough to look regrettably on the mistake. I can somehow still see it on the Mist wallet but recovery is not possible.

It's unfortunate to be sure, but nothing to do with crypto itself really.

There's a big difference. All those things you mentioned have been here with a long time, far longer than Cryptos. All those things are all under regulation, and is official.

Right now Cryptos are completely unregulated. If they see it causing a problem, regulation will happen. Since governments like control and tax dollars, and cryptos seem to be used for running away from them, regulation means the opposite. The damage will depend on how big this irresponsible thing will get and how much of a fallout it will have when it happens. It could be its a good regulation, making it a legitimate one. It may not be.

 

[2is]

For those who were disappointed about ETH not going anywhere, it is over $630 now, and it was as high as $714 about four hours ago. Briefly.

The volatility is insane here, but it looks like ETH is reaching new price floors. It'll be interesting to see if it can stay over $600.

As far as mining goes, honestly I am not convinced that now is a good time to mine anything except maybe XMR. ETH mining is still profitable, but it's not profitable enough to buy equipment for it in my opinion.

XMR on Vega 64 seems to be where it's at right now. Too bad Vega cards cost so damn much. Just when I thought prices were going down . . .

Out of curiosity, why do you NOT recommend people buy equipment for ETH if it's at $700?

 

[DrMrLordX]

I can somehow still see it on the Mist wallet but recovery is not possible.

That wallet is still on the blockchain, and the ETH is still there. Never to return! Sorry man, that's like, a lot of money right there.

Right now Cryptos are completely unregulated. If they see it causing a problem, regulation will happen. Since governments like control and tax dollars, and cryptos seem to be used for running away from them, regulation means the opposite. The damage will depend on how big this irresponsible thing will get and how much of a fallout it will have when it happens. It could be its a good regulation, making it a legitimate one. It may not be.

The EF will embrace regulation to the best of their ability. I have no idea what that means for the long-term value of ETH tokens. The usability of the Ethereum blockchain will not be overall restricted. But some feathers may fly and some value may be lost once Uncle Sam et al make the EF start playing by their rules.

I expect the first play to be declaration of crypto assets and proper payment of taxes to be top priority.

BTC maximalists will get lawyers and pretend to fight at least. XMR will go dark. XMR is already dark.

Out of curiosity, why do you NOT recommend people buy equipment for ETH if it's at $700?

Because Proof of Stake. It may hit sooner than you think, and if anyone wants it to retain that value, it'll have to come pretty quickly. Plus temporarily hashrate will increase to bring profitability down to levels consistent with 1-2 months ago.

 

[IntelUser2000]

That wallet is still on the blockchain, and the ETH is still there. Never to return! Sorry man, that's like, a lot of money right there.

Fortunately, I got in early. I mean those were times when I was flirting with buying the newly released Polaris cards.

Ah well. I gained more than I lost. Learning process.

Plus temporarily hashrate will increase to bring profitability down to levels consistent with 1-2 months ago.

Can't you mine other Ethash coins, say Ethereum Classic? Is that also going to be consolidated into the main Ethereum chain?

You can always mine Cryptonight or Equihash based coins as well. I think unless it releases in about 2-3 months from now you should get most of the money back, and get the profit from doing the post-PoS fork coins. Of course, there's still a risk doing it now. I suggest if you have the system ready, then buying the video cards are fine as opposed to buying everything from scratch.