Author Topic: Crypto-Currencies : Mining Ethereum  (Read 4169 times)

Re: Crypto-Currencies : Mining Ethereum
Reply #15 on: April 04, 2016, 11:54:51 AM
What is your hash rate?

Sent from my GT-I9195 using Tapatalk

single R290 seems to be getting 20 MH/s

miner  11:55:58|main  Mining on PoWhash #a737c661ÔǪ : 20091328 H/s = 11010048 hashes / 0.548 s
miner  11:55:58|main  Mining on PoWhash #a737c661ÔǪ : 18588392 H/s = 10223616 hashes / 0.55 s
miner  11:55:59|main  Mining on PoWhash #a737c661ÔǪ : 16712276 H/s = 9175040 hashes / 0.549 s
miner  11:56:00|main  Mining on PoWhash #a737c661ÔǪ : 20128058 H/s = 11010048 hashes / 0.547 s
miner  11:56:00|main  Mining on PoWhash #a737c661ÔǪ : 19134598 H/s = 10485760 hashes / 0.548 s
miner  11:56:01|main  Mining on PoWhash #a737c661ÔǪ : 19192685 H/s = 10747904 hashes / 0.56 s
miner  11:56:01|main  Mining on PoWhash #a737c661ÔǪ : 19577238 H/s = 10747904 hashes / 0.549 s

Re: Crypto-Currencies : Mining Ethereum
Reply #16 on: April 04, 2016, 11:55:56 AM
You should get over 25mh/s with a 290

Sent from my GT-I9195 using Tapatalk


Re: Crypto-Currencies : Mining Ethereum
Reply #17 on: April 04, 2016, 12:07:38 PM
the calculator has 25 MH/s in as default, but still says 20p an hour, £100 a month


Re: Crypto-Currencies : Mining Ethereum
Reply #18 on: April 04, 2016, 12:27:21 PM
Sounds about right.

Sent from my GT-I9195 using Tapatalk


Re: Crypto-Currencies : Mining Ethereum
Reply #19 on: April 04, 2016, 12:44:59 PM
so 20c an hour is about 14p, electricity will be about 5p (~500W @10p/kWh), minus various fees about the place, I'll probably profit 7-8p an hour, £58 a month.

I'm not going to bother :D


thanks for letting me know, anyway. If I still had all my bitcoin stuff it might have been worth doing, but I stuck it all on ebay ages ago.

Re: Crypto-Currencies : Mining Ethereum
Reply #20 on: April 04, 2016, 18:34:52 PM
so 20c an hour is about 14p, electricity will be about 5p (~500W @10p/kWh), minus various fees about the place, I'll probably profit 7-8p an hour, £58 a month.

I'm not going to bother :D


thanks for letting me know, anyway. If I still had all my bitcoin stuff it might have been worth doing, but I stuck it all on ebay ages ago.

500w from one PC with one 290? How do you work that out? Are you measuring that at the wall? Is the CPU at full load also?

Re: Crypto-Currencies : Mining Ethereum
Reply #21 on: April 04, 2016, 18:42:41 PM
so 20c an hour is about 14p, electricity will be about 5p (~500W @10p/kWh), minus various fees about the place, I'll probably profit 7-8p an hour, £58 a month.

I'm not going to bother :D


thanks for letting me know, anyway. If I still had all my bitcoin stuff it might have been worth doing, but I stuck it all on ebay ages ago.

500w from one PC with one 290? How do you work that out? Are you measuring that at the wall? Is the CPU at full load also?

it was a rough guess to make the numbers easy, it'll be less than 500W but then I'm pretty sure I pay more than 10p per kWh.  Even if I got the full 14p per hour it wouldn't be worth the hassle.

Re: Crypto-Currencies : Mining Ethereum
Reply #22 on: April 04, 2016, 18:46:04 PM
Fair enough. More for me. Lol

Sent from my GT-I9195 using Tapatalk


  • Offline Serious

  • Posts: 14,071
  • Global Moderator
  • Hero Member
Re: Crypto-Currencies : Mining Ethereum
Reply #23 on: April 05, 2016, 15:18:55 PM
As more people move in, especially the ones with farms, this is going to go the same way as Bitcoin. Which will also mean small players will get shut out.

Don't forget that some large Bitcoin farms were shut down due to an unprofitable market.

It may already be too late to join

Re: Crypto-Currencies : Mining Ethereum
Reply #24 on: April 07, 2016, 09:40:59 AM
As more people move in, especially the ones with farms, this is going to go the same way as Bitcoin. Which will also mean small players will get shut out.

Don't forget that some large Bitcoin farms were shut down due to an unprofitable market.

It may already be too late to join

Still profitable right now, 4x leccy at least. No ASICs exist for it, so only GPU mining.

  • Offline Serious

  • Posts: 14,071
  • Global Moderator
  • Hero Member
Re: Crypto-Currencies : Mining Ethereum
Reply #25 on: April 08, 2016, 04:53:10 AM
You need to figure in wear and depreciation costs too. Those two can reduce profits.

On the other side you won't spend as much on heating.

Re: Crypto-Currencies : Mining Ethereum
Reply #26 on: February 12, 2018, 12:43:01 PM
The best way to invest today is ICOs! Choose a project with the biggest hype = short-term profit %%%!!

0 Members and 1 Guest are viewing this topic.