Ethereum GPU mining?

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IEC

Elite Member
Super Moderator
Jun 10, 2004
14,359
5,017
136
OK say I have a 1070, 1060, 2x 970, R9-280, R9-290, all running nicehash...
GTX 1070 - $1.78/day $2.15 before elec
GTX 1060 - $1.17/day $1.42 before elec
GTX 970 - $1.15/day $1.52 before elec
GTX 970 - $1.15/day $1.52 before elec
R9 280 - $0.97/day - $1.37 before elec
R9 290 - $0.95/day - $1.79 before elec

Total of $7.17/day - $9.77 before elec
$50.19/week - $68.39 before elec
$215.10/month - $293.10 before elec
ROI on cards
5.1 months
3.75 months before elec

At current markets, and the BTC rate of 4118.4usd. Electricity is $0.10 for some and 0.7 for others... I used 0.10 for calculations. Using Nicehash's profitability calculator

Did you add in a difficulty adjustment to your calculations?
 

GoStumpy

Golden Member
Sep 14, 2011
1,212
11
81
I did not, and those results are not Ethereum either as nicehash does mostly Equihash but honestly I have no idea if it has the same difficulty adjustments as Ethereum... still pretty new at this. But I love GPUs LOL
 

VeryCharBroiled

Senior member
Oct 6, 2008
387
25
101
Okay, this is getting just a wee bit ridiculous:


Asus 19 PCIe slot mining motherboard.
http://www.anandtech.com/show/11739...expert-mining-motherboard-19-expansions-slots

seems like its actually well thought out, 3 atx power connectors so no need to use add2psu (or whatever they are) adapters, the 3 atx connectors each power certain groups of pci slots, 3 molex connectors additional pcie power, special bios.

rather get this one that some of the other mega pci slot miner boards. not that i plan on buying any of them.
 

DrMrLordX

Lifer
Apr 27, 2000
21,805
11,157
136
Depends, do you have to use Radeon Pro drivers to mine? I haven't bothered with anything past Catalyst 15.12 on Hawaii cards on Linux so I don't really know. But if you can use the open-source side of the drivers, someone could at least do a custom compile of the Radeon drivers to handle up to 19 PCIe GPUs. And you might have to modify the kernel. Maybe?
 

Yakk

Golden Member
May 28, 2016
1,574
275
81
Some more info from press release from Techpowerup:

ASUS Teases the B250 Expert Mining Motherboard With 19 Expansion Slots
by Raevenlord Tuesday, August 22nd 2017

The mining craze is real, and companies have been paying increasing attention to this space, since miners are some of the most interesting customers hardware companies have had the pleasure of doing business with (at least when it comes to volume of purchases; let's discount those pesky RMA's, shall we?) ASUS is joining mining posterchild BIOSTAR with a purpose-built motherboard built around the B250 chipset. The B250 Expert Mining should allow miners to connect up to 19 PCIe graphics cards through risers, thus obviating the need for increased investment in additional motherboards, CPUs and memory.

ASUS has implemented a Triple ATX12V (24-Pin) and Molex connectors setup for additional power delivery, alongside PCIe slot state detection, dedicated voltage stabilization capacitors (one for each GPU slot ), as well as using a mining specific BIOS for increased hash rates. Of the 19 expansions slots, 18 are PCIe 3.0 x1, while a single full-length PCIe 3.0 x16 slot. The slots are separated in three groups each with a dedicated 24-pin assigned to it for power. The top 24-pin covers slots 1-7 (includes the full-length slot), the middle header 8-13, with the last covering 14-19. A color-coded POST UI image shows miners the state of their graphics cards, overlaying coded colors over the PCIe slots, colored green for operational, red for when an error is detected, and grey for an absent GPU.

As to the usual motherboard specs, ASUS could still have cut some corners in order to bring pricing further down. Memory capacity is up to 32GB DDR4 in dual-channel mode (up to 2400 MHz.) Storage is handled by 4x SATA3 ports, and there is a total of 6x USB3.1 and 4x USB 2.0 ports. The rear panel I/O includes 2x PS/2 ports, 2x USB 2.0 ports, 4x USB 3.0 ports, HDMI, Intel-based LAN (I219V Gigabit), and 8 channel audio jacks driven by a Realtek ALC887 codec. The CPU gets its power through a 6 phase DIGI+ VRM.
 

VirtualLarry

No Lifer
Aug 25, 2001
56,448
10,117
126
Now there's an XFX XXX RX 570 4GB model, same one I think, available on both Newegg's and BestBuy's ebay stores.

I bought one from Newegg. They have qty. limit 5, currently, for those that want to build mining rigs. I don't know what the max is for BestBuy.

I figure along with the Ryzen 5 1600 CPU in that box, I might be able to clear $2-3 / day. At that rate, ROI would be around 4 months, unless the difficulty changes or something. I dunno, I'm a noob at this.
 
Last edited:

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,359
5,017
136
Now there's an XFX XXX RX 570 4GB model, same one I think, available on both Newegg's and BestBuy's ebay stores.

I bought one from Newegg. They have qty. limit 5, currently, for those that want to build mining rigs. I don't know what the max is for BestBuy.

I figure along with the Ryzen 5 1600 CPU in that box, I might be able to clear $2-3 / day. At that rate, ROI would be around 4 months, unless the difficulty changes or something. I dunno, I'm a noob at this.

Difficulty is up by a factor of 12 since March 1:
https://etherscan.io/chart/difficulty

I don't expect anyone purchasing graphics cards now for mining to hit ROI, at least not on Ethereum. Unless they have subsidized/cheap power. Which may be the only people capable of turning a profit at all in a few months time as long as more and more hash power is brought online every day.

In any event, paying rip-off prices for Polaris cards is silly. Especially when I fully expect the used card market to implode within a couple of months as people with more expensive power start to no longer be profitable.
 
Reactions: ozzy702

VirtualLarry

No Lifer
Aug 25, 2001
56,448
10,117
126
NiceHash Miner doesn't recognize GT730 as a "mining" card? (Shows, "1 CPU, 0 GPU".) Windows 10 64-bit, Creator's Edition.

Ehh, maybe because my card has a GT630 BIOS, but it's essentially a GT730. Maybe I would have to cross-flash it in order to mine with it.
 

Aikouka

Lifer
Nov 27, 2001
30,383
912
126
NiceHash Miner doesn't recognize GT730 as a "mining" card? (Shows, "1 CPU, 0 GPU".) Windows 10 64-bit, Creator's Edition.

Ehh, maybe because my card has a GT630 BIOS, but it's essentially a GT730. Maybe I would have to cross-flash it in order to mine with it.

I can't imagine that the GT 730 would be a terribly good mining card.
 

VeryCharBroiled

Senior member
Oct 6, 2008
387
25
101
NiceHash Miner doesn't recognize GT730 as a "mining" card? (Shows, "1 CPU, 0 GPU".) Windows 10 64-bit, Creator's Edition.

if its 2 gb it cant mine eth but i would think it could mine something. but im not big on nvidia so im not sure what generations had what capabilities as far as compute stuff goes.

you may have to try miners other than nicehash. each miner has its own command line structure and such so probably take a lot of experimentation.

have you tried any of claymores miners directly? his seem the most reliable and he has a nice manager that allows a lot of control of the different miners on your various mining rigs all from one computer. but it takes 1-3% of your mining as a fee, depends on the miner (he has several for different coins) and if youre dual mining or not.

basically ive been mining with claymores dual miner at nicehash for maybe 9 months or so now. mined elsewhere with other miners before that but always seemed to have one problem or another so switched to claymore/nicehash. since then, no problems. claymore is pretty much set and forget once you get your rig set up. only time i mess with it is miner updates and win7 security updates.
 
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VirtualLarry

No Lifer
Aug 25, 2001
56,448
10,117
126
Well, the GT630/730 is going to be replaced soon with a 4GB RX 570 anyways, so I'm not going to worry about it.

I fired up one of my DC rigs with older parts, with NiceHash Miner. It has a Thuban 1045T 6C CPU, and two R9 270X 2GB cards in it.

The 2GB cards aren't mining Eth, they're mining something else.

Altogether, under $2/day, for both video cards and the 6C CPU. Seemed kind of low, but maybe not.

Problem is, this older rig likes to use some watts, I figure 300W+, possibly 400W+.
 

ub4ty

Senior member
Jun 21, 2017
749
898
96
Just goes to show who has the upper hand and control in pushing this inefficient ponzi scheme. An indirect proxy for attacking 1st world country's electrical grid, currency system, economy, and ensuring they stay behind via inflated computer hardware while China continues to strengthen via increased production demands and while they have the cheaper electricity and direct access to manufacturing to develop more efficient compute nodes. If this were to go on for an infinite amount of time, China would undermine all first world economies and dominate the world's common currency exchange system.

Meanwhile, they're not as dumb as first world countries to use such an inefficient and energy intensive process for transactions. Instead they use low compute and widely pervasive cashless apps using standard and secure internet protocols :
https://www.bloomberg.com/view/articles/2017-07-19/china-s-cashless-revolution

It's really hard to determine whose the bigger fool in this backdoor scheme to undermine currency systems, energy grids, and compute resources. In all honesty, in the long run, all parties may find themselves to be equally big losers. Humanity overall loses out as it has in all past idiotic schemes to print and mint money out of thin air. The commoners the most.

What a waste of resources at a time when the world is already reeling from b.s markets and financial shenanigans. I guess the allure of getting a cut of the ponzi via virtual pennies while they collapse the world appeals to much to certain human beings.

Just goes to show people's talk about global warming and how much they feel society is unfair is nothing but hot air. When given the tools, they'd screw things over just as much as the rich they claim they detest...

Enjoy the ponzi while it last. Just know you're willful participants in something far larger than you can imagine that will lead the world to darker pastures .. In direct contradiction with what this scheme is marketed as.

/endrant
 

ozzy702

Golden Member
Nov 1, 2011
1,151
530
136
Just goes to show who has the upper hand and control in pushing this inefficient ponzi scheme. An indirect proxy for attacking 1st world country's electrical grid, currency system, economy, and ensuring they stay behind via inflated computer hardware while China continues to strengthen via increased production demands and while they have the cheaper electricity and direct access to manufacturing to develop more efficient compute nodes. If this were to go on for an infinite amount of time, China would undermine all first world economies and dominate the world's common currency exchange system.

Meanwhile, they're not as dumb as first world countries to use such an inefficient and energy intensive process for transactions. Instead they use low compute and widely pervasive cashless apps using standard and secure internet protocols :
https://www.bloomberg.com/view/articles/2017-07-19/china-s-cashless-revolution

It's really hard to determine whose the bigger fool in this backdoor scheme to undermine currency systems, energy grids, and compute resources. In all honesty, in the long run, all parties may find themselves to be equally big losers. Humanity overall loses out as it has in all past idiotic schemes to print and mint money out of thin air. The commoners the most.

What a waste of resources at a time when the world is already reeling from b.s markets and financial shenanigans. I guess the allure of getting a cut of the ponzi via virtual pennies while they collapse the world appeals to much to certain human beings.

Just goes to show people's talk about global warming and how much they feel society is unfair is nothing but hot air. When given the tools, they'd screw things over just as much as the rich they claim they detest...

Enjoy the ponzi while it last. Just know you're willful participants in something far larger than you can imagine that will lead the world to darker pastures .. In direct contradiction with what this scheme is marketed as.

/endrant

I'd love to hear your solutions to the world's problems but this isn't the time or the place.
 
Reactions: Madpacket

VeryCharBroiled

Senior member
Oct 6, 2008
387
25
101
Problem is, this older rig likes to use some watts, I figure 300W+, possibly 400W+.

oh ya. my two 390s suck power like mad. of course, with few exceptions (*cough* vega *cough*) most newer tech is much more efficient on a watt/hash ratio.

the 470/570s (i have two 470s) are pretty much the sweet spot for eth mining if you can get them anywhere near MSP. with a vbios strap mod they are 25 mhs with current drivers. install the beta "dag fix" driver they are around 28 mhs. bone stock is about 21 mhs.

mining rig currently has a celeron G1840 as mining with gpus takes hardly any cpu power. i dont mine with the cpu at all; not worth it with the G1840. maybe later as i plan on putting my i5 6400t (t is low power version opf cpu) 35 watt cpu that is currently in my HTPC in the miner. naturally every watt saved on a 24/7 rig adds up. the HTPC will get a 7400t/7600t.


what PSU are you using? again wasted watts (due to power hungry cpu/inefficient PSU) add up fast, so a gold/plat PSU is almost a must for mining. i currently use an evga g2 850 but will switch it out for a HP 1200 watt server PSU with a breakout board and nano PSU adapter if/when i add a 6th card. my 850 is currently maxed out with 5 cards. 840-860 watts at the wall dual mining, 740-760 at the wall mining only eth. i can lower power draw even more but this seems to be a decent compromise between balls out max hash vs power sipping lesser hash mode.

grab a kill-o-watt wall meter, they are essential for tuning a rig for best hash per watt.
 
Last edited:

chimaxi83

Diamond Member
May 18, 2003
5,649
61
101
Just goes to show who has the upper hand and control in pushing this inefficient ponzi scheme. An indirect proxy for attacking 1st world country's electrical grid, currency system, economy, and ensuring they stay behind via inflated computer hardware while China continues to strengthen via increased production demands and while they have the cheaper electricity and direct access to manufacturing to develop more efficient compute nodes. If this were to go on for an infinite amount of time, China would undermine all first world economies and dominate the world's common currency exchange system.

Meanwhile, they're not as dumb as first world countries to use such an inefficient and energy intensive process for transactions. Instead they use low compute and widely pervasive cashless apps using standard and secure internet protocols :
https://www.bloomberg.com/view/articles/2017-07-19/china-s-cashless-revolution

It's really hard to determine whose the bigger fool in this backdoor scheme to undermine currency systems, energy grids, and compute resources. In all honesty, in the long run, all parties may find themselves to be equally big losers. Humanity overall loses out as it has in all past idiotic schemes to print and mint money out of thin air. The commoners the most.

What a waste of resources at a time when the world is already reeling from b.s markets and financial shenanigans. I guess the allure of getting a cut of the ponzi via virtual pennies while they collapse the world appeals to much to certain human beings.

Just goes to show people's talk about global warming and how much they feel society is unfair is nothing but hot air. When given the tools, they'd screw things over just as much as the rich they claim they detest...

Enjoy the ponzi while it last. Just know you're willful participants in something far larger than you can imagine that will lead the world to darker pastures .. In direct contradiction with what this scheme is marketed as.

/endrant

Cool doom and gloom! Do you want to illustrate any of the darker pastures and world collapse you refer to, or do you just like to hear yourself talk? Or did you just arrive too late to the mining game, and now umadbro?
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,359
5,017
136
Cool doom and gloom! Do you want to illustrate any of the darker pastures and world collapse you refer to, or do you just like to hear yourself talk? Or did you just arrive too late to the mining game, and now umadbro?

His post would make sense if mining and cryptocurrencies were a zero-sum game. They aren't, and former colleagues of mine at a very respected Fortune 500 happen to think blockchain technology as demonstrated in Ethereum in particular could save billions in costs for companies in certain industries. Which is one of the reasons why the valuation skyrocketed.
 
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