Ethereum GPU mining?

[Hitman928]

Dwarfpool might not be accepting new miners due to it's enormous hash rate already. I've heard people like supernova. I'm using ethereumpool.co right now and it seems to be ok.

 

[Despoiler]

Don't use Dwarfpool. Too close to 50%. I'm using Ethpool atm.

 

[Madpacket]

OK thanks for the pool alternatives.

 

[metalliax]

Don't use Dwarfpool. Too close to 50%. I'm using Ethpool atm.

I switched to ethpool (from nanopool) and so far I like the concept. It seems annoying to wait 3-4 days between payouts (290x and Fury Nano), however it seems to be fair.

Btw, I bought a Fury Nano for $459 last week and, undervolted/underclocked, it is doing ~20Mh/sec at around 105-110W. For comparison, my undervolted 290x is doing 22 Mh/sec at 185W. I plan to sell my 290x for about $200 in a month or so.

Edit: on the nano, the fan is definitely loud when at load... however there is no coil whine whatsoever coming from mine.

 

[Despoiler]

I switched to ethpool (from nanopool) and so far I like the concept. It seems annoying to wait 3-4 days between payouts (290x and Fury Nano), however it seems to be fair.

Once you get that sweet, sweet full block reward everything becomes OK.

 

[Crono]

New Ethereum release, Homestead, coming in ~2 weeks with block 1,150,000.

https://blog.ethereum.org/2016/02/29/homestead-release/

It's a hardfork, so you'll need to update your wallet and clients.

 

[Despoiler]

I'm not sure if my computer was jacked up somehow, but I installed the 16.2.1 drivers for AMD. Hashrate is a lot more stable. I no longer have 5-10 minutes solution droughts. Generally I find one every 20 seconds. Longest droughts are 2 minutes and are uncommon. Using 8192 and 256 global/local.

 

[thilanliyan]

New Ethereum release, Homestead, coming in ~2 weeks with block 1,150,000.

https://blog.ethereum.org/2016/02/29/homestead-release/

It's a hardfork, so you'll need to update your wallet and clients.

What exactly does that mean? Is there going to be a second ethereum currency rendering the original worthless?

 

[metalliax]

What exactly does that mean? Is there going to be a second ethereum currency rendering the original worthless?

No - everything rolls into it. You have nothing to worry about.

 

[thilanliyan]

No - everything rolls into it. You have nothing to worry about.

Thanks, good to know.

 

[SimianR]

The price seems to be going up pretty steadily. I wonder if we'll see $10 USD anytime soon. I also wonder if at 10$+ we're going to see another short term mining craze where AMD cards start flying off the shelf again.

 

[MrTeal]

The price seems to be going up pretty steadily. I wonder if we'll see $10 USD anytime soon. I also wonder if at 10$+ we're going to see another short term mining craze where AMD cards start flying off the shelf again.

I would imagine so. My dual 290s have pulled in ~$180 in Eth in the last 14 days while using ~$17 in electricity. That's pretty stellar IMO, by the time Pascal/Polaris ships it'll pay for a couple full coverage blocks.

 

[MrTeal]

The price seems to be going up pretty steadily. I wonder if we'll see $10 USD anytime soon. I also wonder if at 10$+ we're going to see another short term mining craze where AMD cards start flying off the shelf again.

I would imagine so. My dual 290s have pulled in ~$180 in Eth in the last 14 days while using ~$17 in electricity. That's pretty stellar IMO, by the time Pascal/Polaris ships it'll pay for a couple full coverage blocks.

 

[KingFatty]

Is there a chart to see dollars per day for various different video cards, possibly accounting for electricity used per day? I have three 7950s just sitting around doing nothing, but I assumed it would cost more to power them then I could make mining with them.

 

[Shmee]

There are mining calculators out there, but I am not sure about if there is for eth yet. Thing is, the price on Eth goes up so rapidly recently. Anyways, if a 290 is profitable, I suspect a 7950 would also be.

 

[SimianR]

Is there a chart to see dollars per day for various different video cards, possibly accounting for electricity used per day? I have three 7950s just sitting around doing nothing, but I assumed it would cost more to power them then I could make mining with them.

I don't think this is true, to be honest. A 7970 is pretty close to the 290's/290x's and they are pretty profitable at this point (My 290 is mining at about 25 MH's which translates into roughly $125 USD a month at $15-20 in power costs, all depending on where you live of course). The 7950's shouldn't be too bad. The 7950's seem to get around 20-22 MH's which is pretty close to 280x/290/290X level.

Here's a mining calculator. It doesn't have power factored in, but you could always calculate that yourself. https://etherscan.io/ether-mining-calculator

 

[DownTheSky]

My 7950 is getting 20Mh/s and my 280x 22Mh/s.

 

[Shmee]

Eth now over $9 a coin.

 

[SimianR]

Eth now over $9 a coin.

If I remember correctly, Litecoin's price hit $10 a coin when Bitcoin's price was near $1000 - but didn't see quite this price increase alone. I was expecting Eth's price to go up near the end of the mining phase in the summer, not this early. Interesting.

 

[beginner99]

If I remember correctly, Litecoin's price hit $10 a coin when Bitcoin's price was near $1000 - but didn't see quite this price increase alone. I was expecting Eth's price to go up near the end of the mining phase in the summer, not this early. Interesting.

Note that there is one guy (one account/address) buying huge amounts of ether over last couple weeks.

https://etherscan.io/address/0xd12cd8a37f074e7eafae618c986ff825666198bd

 

[Accord99]

If I remember correctly, Litecoin's price hit $10 a coin when Bitcoin's price was near $1000 - but didn't see quite this price increase alone. I was expecting Eth's price to go up near the end of the mining phase in the summer, not this early. Interesting.

Litecoin actually peaked close to $50 when both it and Bitcoin went on their stratospheric run near the end of 2013.

 

[KingFatty]

Are there any Etherium pools where you can mine for the pool, but they pay you in Bitcoin? I used to do that a while back for, ah, was it clevermining or something? I just like getting paid directly in Bitcoin without having to convert, but maybe that's dumb since Eth is taking off now?

 

[thilanliyan]

^Nicehash has eth mining now I believe. They pay out in BTC.

 

[Despoiler]

Are there any Etherium pools where you can mine for the pool, but they pay you in Bitcoin? I used to do that a while back for, ah, was it clevermining or something? I just like getting paid directly in Bitcoin without having to convert, but maybe that's dumb since Eth is taking off now?

I think most of us are holding Eth to see what happens. I will say this though, Ethereum actually has use beyond being a currency. You can execute programs on it. It's also not designed to be digital gold. I don't think it will become what Bitcoin has. Ethereum is made to do work and that work is powered by the currency. To me that says if the relative work volume is low then the price should be lower. If the relative work volume is high then the price should be higher. Relative work meaning amount of work vs network hashing power.

 

[hawtdawg]

Switched my GTX 970 from Windows 10 (anemic hashrate of ~8 MH/s on 10) to Xubuntu and on nanopool (ethereumpool.co/eth.pp.ua was down for a few hours - wonder if they are being DDoSed or something... may have to switch pools). Now getting ~17 MH/s without any tweaking of the clock speeds. Should have switched to Linux or Win 7 earlier, really, but I hadn't realized the gap was that large until I started looking at mining hardware comparisons.

Still working on building my dual R9 Nano system, but not going to be completed until next month since I'm building the case from scratch. I intend on using it for gaming and not just mining, though, so I'm not in an enormous rush.

I need to do this, i have 2 980ti's and 2 780's i could be mining with if i werent too lazy to install linux on the computers that have them