Chaos Corona Forum

General Category => Off-Topic => Topic started by: mraw on 2017-10-14, 15:42:18

Title: crypto mining
Post by: mraw on 2017-10-14, 15:42:18
Anybody with experience in Crypto-Mining? My hardware capacity utilisation is far from being good. In fact I had done more onsite jobs than remote jobs in the last years. This means that my 3 render nodes(dual e5-2670) and the geforce1070 of my WS are doing nothing most of the time. I am in germany and electricity is quite expensive, so it is probably not the best idea to get ridiculous rich. It's more like a bet. That ethereum and monero will evolve like the bitcoin.
The idea would be: Mining monero on the xeons. And ethereum on 1070.
Any thoughts, insights on this? Greatly appreciated, thank you
Title: Re: crypto mining
Post by: Juraj on 2017-10-16, 23:57:57
Without opening my spreadsheets I can tell you to forget about it with your current gear.

But there is shortage of (nice full-fat milk) butter in world going on, I suggest to stockpile it, will give you better yields :- ). Butter is the true new bitcoin.
Title: Re: crypto mining
Post by: Jann on 2017-10-17, 09:36:34
Try it for a month and see what the electricity bill increase vs profit is. Don't expect much though.
Title: Re: crypto mining
Post by: Philip kelly on 2017-10-17, 10:46:23
On that.......... if your buying a second had Graphics card, how do you know if it;s over clocked and run to death?

Thank you

philip
Title: Re: crypto mining
Post by: ska on 2017-10-17, 11:49:37
...
Title: Re: crypto mining
Post by: Ondra on 2017-10-17, 14:32:32
Render Token will yield $477 a day for 7 GPU rig, that seems like a good option for mining https://twitter.com/JulesUrbach/status/908882461307789312
Title: Re: crypto mining
Post by: racoonart on 2017-10-17, 17:23:51
Quote from: Ondra on 2017-10-17, 14:32:32
Render Token will yield $477 a day for 7 GPU rig, that seems like a good option for mining https://twitter.com/JulesUrbach/status/908882461307789312
(https://www.onpsx.de/uploads/mediapool/dvdreviews/sponge8-01.JPG)
Title: Re: crypto mining
Post by: mraw on 2017-10-17, 18:04:27
Guys, thank you all for your comments.
Yes, with my poor hardware you are right saying: Better don't touch it. With the Ethereum charts bouncing high and low- It was roughly 300€ in June, 150 in July and back to 300 in August- using a cost calculator is quite useless. And anyway: It only would be a few bucks/month. But I think bitcoin mining wasn't so much fun back in the days either, right? I'd like to see it as a bet that the other crypto-currencies evolve eventually like bitcoin.
But you're probably right: it's not worth it.
Damn, and I got no big rendering project on the horizon and I love heating through rendering so much in the wintertime :D
Title: Re: crypto mining
Post by: Juraj on 2017-10-17, 19:26:43
Quote from: mraw on 2017-10-17, 18:04:27
Damn, and I got no big rendering project on the horizon and I love heating through rendering so much in the wintertime :D

My summer was hell for this reason alone :- D And I am glad I don't have any multi-gpu setups under the table. I have no idea what people with those 2k W monsters do, must feel like in Sauna.
Title: Re: crypto mining
Post by: mraw on 2017-10-18, 00:03:49
Quote from: Ondra on 2017-10-17, 14:32:32
Render Token will yield $477 a day for 7 GPU rig, that seems like a good option for mining https://twitter.com/JulesUrbach/status/908882461307789312

just saw this article about the render token on fxguide: https://www.fxguide.com/featured/more-than-a-token-effort-at-rendering-with-blockchain/
Title: Re: crypto mining
Post by: Eddoron on 2018-02-11, 01:31:13
Invest in Toilet paper and soap.

When the apocalypse comes. Guess what will be worth more than things relying on non-existent electricity.
Hygiene products!