Mining Crypto For Frag Money- Anyone Else?

[zukihara]

Right now with Ethereum nearly $1700, mining crypto is a pretty nice gig. I have two rigs mining and it adds up fast.

Anyone else?

 

[xiaoxiy]

Curious as to what your setup is and how long it takes to mine one Ethereum.

 

[zukihara]

Curious as to what your setup is and how long it takes to mine one Ethereum.

I am just using the two PCs that I normally use for business/gaming to mine and I'm not using any sort of crazy mining rig. Both are fairly robust PCs though.

I use Nicehash to mine, which I highly recommend to anyone that is not an expert due to the ease of use. To mine one entire Ethereum would take some time, but you are paid several times a day in Bitcoin. You would be mining Ethereum, but paid in Bitcoin as mining Bitcoin directly takes very specialized hardware. I would be happy to answer any questions on how to do it.

Here is a snip of about what two rigs are making currently per day:

 

[Mark laar]

Yep, gaming pc is making overtime here as well..

 

[xiaoxiy]

I am just using the two PCs that I normally use for business/gaming to mine and I'm not using any sort of crazy mining rig. Both are fairly robust PCs though.

I use Nicehash to mine, which I highly recommend to anyone that is not an expert due to the ease of use. To mine one entire Ethereum would take some time, but you are paid several times a day in Bitcoin. You would be mining Ethereum, but paid in Bitcoin as mining Bitcoin directly takes very specialized hardware. I would be happy to answer any questions on how to do it.

Here is a snip of about what two rigs are making currently per day:

Do you run it 24/7?

 

[zukihara]

Do you run it 24/7?

Pretty much, yes.

 

[Breadman03]

Pretty much, yes.

Any idea how much the daily electrical cost is?

 

[zukihara]

Any idea how much the daily electrical cost is?

It depends on how much your utility company charges but there are calculators online that will help you calculate that if you know your rate.

 

[LegendaryCG]

I am just using the two PCs that I normally use for business/gaming to mine and I'm not using any sort of crazy mining rig. Both are fairly robust PCs though.

I use Nicehash to mine, which I highly recommend to anyone that is not an expert due to the ease of use. To mine one entire Ethereum would take some time, but you are paid several times a day in Bitcoin. You would be mining Ethereum, but paid in Bitcoin as mining Bitcoin directly takes very specialized hardware. I would be happy to answer any questions on how to do it.

Here is a snip of about what two rigs are making currently per day:

Yes I am running my gaming pc mining Eth and making about 5$ a day. Not Exactly a windfall but it uses it for something When I’m not using it.

 

[TankCandy]

Running 1 EVGA 3080 FTW. Only using 220W @ 95MH/S
https://ethermine.org/miners/1fFCdfd95E4675cD490570B8462d8697037b9a91/dashboard
Back in 2017




All the old miners i used to use lol

 

[LegendaryCG]

Running 1 EVGA 3080 FTW. Only using 220W @ 95MH/S
https://ethermine.org/miners/1fFCdfd95E4675cD490570B8462d8697037b9a91/dashboard
Back in 2017




All the old miners i used to use lol

Well one interesting side effect is the long term gain of mining. It makes 5$ today but 6 months from now Eth might be 3k ( or 0.59$ lol). I’m HODLing

 

[Sleeping Giant]

Never understood how mining works

 

[TankCandy]

Well one interesting side effect is the long term gain of mining. It makes 5$ today but 6 months from now Eth might be 3k ( or 0.59$ lol). I’m HODLing

Exactly you gotta hold... Crypto is only worth as mush as you believe its worth. There is awesome technology behind some of the coins.

 

[LegendaryCG]

It depends on how much your utility company charges but there are calculators online that will help you calculate that if you know your rate.

I‘m on 100% wind and it’s like 0.12 kwh, I pay extra to subsidize wind development but my electricity is delivered though the grid.

 

[Alexreefer]

I am just using the two PCs that I normally use for business/gaming to mine and I'm not using any sort of crazy mining rig. Both are fairly robust PCs though.

I use Nicehash to mine, which I highly recommend to anyone that is not an expert due to the ease of use. To mine one entire Ethereum would take some time, but you are paid several times a day in Bitcoin. You would be mining Ethereum, but paid in Bitcoin as mining Bitcoin directly takes very specialized hardware. I would be happy to answer any questions on how to do it.

Here is a snip of about what two rigs are making currently per day:

What are ur specs? with my everyday normal laptop, I average about .20 cents a day with a CPU and GPU. Not sure how to up it without upgrading my entire system, I am overclocking as well

 

[LegendaryCG]

What are ur specs? with my everyday normal laptop, I average about .20 cents a day with a CPU and GPU. Not sure how to up it without upgrading my entire system, I am overclocking as well.

You don’t want to mine on a laptop, they are designed for energy efficiency not performance. Also you mine a crypto that is suited to gpu use like ethereum. Bitcoin isn’t.

 

[Alexreefer]

You don’t want to mine on a laptop, they are designed for energy efficiency not performance. Also you mine a crypto that is suited to gpu use like ethereum. Bitcoin isn’t.

How do you choose what to mine on nicehash? I don't know how to change from crypto to crypto

 

[Opus]

Don't forget to subtract out Uncle Sam's part!

 

[Ludders]

I have been thinking about it, got 2.2 eth in my crypto portfolio already and wanted to get into mining

 

[DanConnor]

Hmmm interesting. I'm a 3d artist, and have a couple of rendering machines that are aged out but still powerful...

edit- and solar panels!