Bitcoin mining, ETH mining GPU CARD hardware mining crypto currency
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Getting into GPU bitcoin mining before the ASIC rush kicks in... some hardware help for a newbie?
A friend of mine introduced me to Bitcoin mining last week, and I'm still kicking myself over the fact that I hadn't heard of this until just now. I've been doing some research, and it looks like I have just over a month before everything starts going mental with the drop from 50 BTC to 25 and the whole ASIC mining deal. I was thinking that I could try and make a little bit of cash off of GPU mining before all of this happens, and was planning on buying a pair of secondhand 5850s to mine a bit. Just before ASIC hits, I'll try and sell them off and get into ASIC mining. Here's the actual question - I currently have a 4850X2 and two more PCIe x16 slots available. Is it possible to run the two 5850s and the 4850X2 at the same time in my rig? Does Catalyst even support cards from different generations in the same system? The 5850s will be running independently, no CrossFire bridges or anything, just a couple of dummy cables so that they can mine. I'm set for a PSU (the one that I used in my original build a couple of years ago is beautifully overpowered) and I have unlimited power at my university, but I just don't know if it's actually possible to do this. TL;DR: Can I run two 5850s and a 4850X2 in the same system?
Bitcoin mentioned around Reddit: [Serious] what kind of mining hardware should one invest in with about 1k of available funds for a passive income stream?? should one use usb(s), ASIC(s), FPGA(a), or GPU(S) in this age of the game wi /r/AskReddit
what kind of mining hardware should one invest in with about 1k of available funds for a passive income stream?? should one use ASIC(s), FPGA(a), or GPU(S) in this age of the game with what coins are available to mine right now?? /r/Bitcoin
Newbie Question: How do I get started with mining?
I know I should probably wait for a referral link, but I've already read a lot about mining and I have a few questions. I would like to know some more about the bitcoin mining process, mainly about the profitability of it. What are the best settings for a CPU, GPU, and ASIC? Are there ways to get some mining bitcoins without paying for mining hardware? I know there are "miners" like cgminer, but what's an alternative? Thanks!
Hey btc ! I am new to Bitcoin and don't really understand all this stuff. Basically there is this app I want to buy, but it costs around 15$ in Bitcoin. I was wondering how I could get started Bitcoin mining. I have a mid range gaming GPU and electricity is free. Also, how long do you think it will take to mine 15$ of Bitcoin? Thank you!
Topic originally posted in Bitcoin by TanklesMC I have a AMD R7 360 Gpu A AMD Ryzen 5 3600 CPU 16GB of RAM What app should i use that doesn't use much of my pc because im always doing my school work. TanklesMC your post has been copied because one or more comments have been removed by a moderator. This copy will preserve unmoderated topic. If you would like to opt-out, please PM me.
Apologies if this question has been asked before; I am looking for more technical resources than a simplification or easy explanation (not that anything's wrong with people looking for those kinds of explanations). TL;DR: Why does Monero and several other newer digital currencies employ the CPU as the main compute element for mining, whereas e.g. Bitcoin started out in that way but migrated quickly to algorithms employing the GPU? Is it the complexity of the problem? I know CPUs are much better suited to more classes of problems to solve; that's why we have CPUs with 4-32 cores that are incredibly multipurposely programmable and GPUs with thousands/tens of thousands of cores which are incredibly specialized. Or is it some other reason? I'd love to dive into this subject very technically. I have > 25 years in IT (hardware including distributing computing before the word "cloud" meant anything other than a collection of water vapor hanging in the sky; software development from GW-BASIC and C to Perl/PHP to Java to .NET Core and beyond/in between; devops; etc.). I just haven't really studied the fundamentals of blockchain. Again, apologies if this question has been asked. If there are technical resources out there, feel free to paste links; I don't want to waste anyone's time. Thanks for any information!
0xBitcoin might experience some benefits from ETC's recent decision to go to SHA3. For one thing, if ETC developers turn their minds toward SHA3 GPU mining, it seems likely that they'll be very interested in the optimization work already done by Lt. Tofu and Azlehria on Cosmic and Nabiki. But they may also spot additional optimizations, which could most likely be ported back into our miners! For another thing, since ETC has a larger community than 0xBitcoin's, it's likely that they have people with very diverse skills. As they turn their minds toward SHA3 on FPGAs, I anticipate they will be choosing FPGA boards and writing software for them that probably will not be very difficult to alter to mine 0xBitcoin! Practically speaking, this may result in a new era of mining where a respectable hash rate can be achieved with much less electricity expense. Basically, if people with EE or hardware development backgrounds in the ETC community pin down some of the variables involved, like development board, it seems very likely that we will be able to get FPGAs mining 0xBitcoin quickly. We recently exchanged some nice words with Alex Tsankov. He revealed he is doing work that may allow merge mining ETC and other projects like 0xBitcoin. I don't know how good this will be, but it's hard for me to see how this could be a bad thing. It's really great to have nice words from Alex, because he seems like a very smart dude who is very open to collaboration. I have joined the ETC Discord (edit: link removed for just-Reddit-things reasons, you'll have no trouble finding it) and will be watching for opportunities to tell people there about our miners if they don't know, and watching for info about their developments on SHA3 miners.
Bitcoin mining has evolved a lot since its introduction and is currently a different ball game with its own economics. With high investment and operating costs, the whole bitcoin mining activity got concentrated on mining pools run by large companies, giving too little scope for individual miners to start and profit from it. Hobby Bitcoin mining can still be fun and even profitable if you have cheap electricity and get the best and most efficient Bitcoin mining hardware. Bitcoin mining is competitive. It’s not ideal for the average person to mine since China’s cheap electricity has allowed it to dominate the mining market . Bitcoin Mining Hardware Comparision(current Bitcoin price of $11,984) GPU GPU Earnings/day(zero electricity cost) GPU Earnings/day($0.05/kWh electricity cost) GPU Earnings/day($0.10/kWh electricity cost) GPU Price(cheapest I found for used or new for newest models) AMD Radeon R9 380: $0.76: $0.58: $0.40: $60: AMD Radeon R9 FURY: $1.26: $0.90 ... Picking the wrong Bitcoin mining hardware could cost you more to operate than the amount of funds you earn mining Bitcoin with it. To avoid losing a profit on your Bitcoin mining, we curated a list of the best Bitcoin mining hardware, with their price, hash rate, and energy consumption, to help you decide which hardware is best for you. GPU Mining is a simple Free Bitcoin Mining Cloud, It's Super Simple. Your cloud mining hardware is ready, set up and running. Super Easy to setup bitcoin mining account, You can start free fast bitcoin mining with our free cloud mining service!
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