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This is really cool. I didn't know about CoinHive. It looks like it's a sort of profit sharing setup with CoinHive, who provides all the technical bits. Another option is to build your own. I published one of the more unapproachable aspects, which is an Emscripten-compiled implementation of the Cryptonight hash function [0]. One could slap a basic WebSocket proxy on top of existing mining server, and the adding the c…
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I really wanted to get into mining BTC for awhile now and I see that ETH has a good reward rate relative to BTC. I pay no electricity so there probably is no reason not to, right? Does the GPU get worn down a lot? I have a 980 TI.
The 900 series is not really worth using but since you pay nothing for elect I City you might make a few bucks over the month. All depends on your hash rate and what pool you’re in. My gtx 1080 pulls about 20mhs and at the current price that’s close to 60-70 dollars a month.
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I don’t currently mine, but everything I’ve been reading has roughly 2/3rds of your profit going towards electricity. Regardless, I find it hard to believe CPU mining using JavaScript in a browser is even remotely energy efficient.
At 12c/kwh with a Radeon RX Vega56 consuming 200W and a hashrate of 2000 h/s, mining XMR currently yields has a 61% profit margin; it's 79% ROI if you are getting free power. This is not the most power efficient setup (as I said, there are far, far more efficient cards, especially when run in tandem) but it is the most sought-after card due to density. Regardless, it's exceptionally profitable to mine if you already…
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At 12c/kwh with a Radeon RX Vega56 consuming 200W and a hashrate of 2000 h/s, mining XMR currently yields has a 61% profit margin; it's 79% ROI if you are getting free power. This is not the most power efficient setup (as I said, there are far, far more efficient cards, especially when run in tandem) but it is the most sought-after card due to density. Regardless, it's exceptionally profitable to mine if you already…
Radeon Vega64 is insane. Sold out everywhere I’ve seen.
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At 12c/kwh with a Radeon RX Vega56 consuming 200W and a hashrate of 2000 h/s, mining XMR currently yields has a 61% profit margin; it's 79% ROI if you are getting free power. This is not the most power efficient setup (as I said, there are far, far more efficient cards, especially when run in tandem) but it is the most sought-after card due to density. Regardless, it's exceptionally profitable to mine if you already…
In that case, thanks for the correction. I suppose I made my original comment with a lot of assumptions that may be less true than I would have thought.
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It doesn't collapse. Mining might become unprofitable for some miners. They will drop out and the difficulty will decrease. Other miners are still profitable. Once decreased they or other miners might become profitable and start mining thus increasing the difficulty. It's an equilibrium.
Mining will be in an equilibrium, but the equilibrium might be at a point, where the network can not be protected from a 51% attack. Currently, it will cost around $2bn to buy the hashing power to control Bitcoin - that's the price of one Stealth Bomber.
Difficulty curves and such cause great opportunity for smart miners, especially now that Nicehash is offline.
Does the value of XMR mined exceed the electricity consumed by the app? There are already malicious websites using hidden windows to mine XMR, but to the benefit of the person in control of the site rather than the people who pay the electricity bills: https://arstechnica.com/information-technology/2017/11/sneak...
>Does the value of XMR mined exceed the electricity consumed by the app? Yes: https://whattomine.com/coins Actually, I'm using a computer mining Moneros at 2000H/s in a closed room to help dry a damp wall. The rig converts 250W Power to heat (for the wall) and produces Moneros worth $200/m - leaving me $100 after paying for electricity the computer and the air dehumidifier consumed.
Assuming m = Monero I think you will be in for a good surprise.
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The 900 series is not really worth using but since you pay nothing for elect I City you might make a few bucks over the month. All depends on your hash rate and what pool you’re in. My gtx 1080 pulls about 20mhs and at the current price that’s close to 60-70 dollars a month.
Isn't that a bit low for a 1080? I'm only asking because I know for sure that a 1060 does 19MH/s. What pool are you in?
Im using nanopool right now.