What are /r/BitcoinMining's favorite Products & Services?

From 3.5 billion Reddit comments

eli5 how to google

https://bitcoinwisdom.com/bitcoin/difficulty

Good luck with that. If you're really going to go with Butterfly labs don't forget the lube, you're going to need it.

Notice how they are STILL selling the old 5gh units while accepting pre-orders for the new hardware which they said they would stop doing when the new hardware was actually in production. These first gen units will never earn a profit. At today's prices you are better off spending the money on GPUs and mining DOGE or some other scryptcoin. I can't believe people are still falling for these smucks.

Also notice how sentences like this one will change over time:

Nov 2013 > "However, this is our second generation, so we have much greater clarity on the process and we feel our timeline to begin shipments towards the end of the year is solid. Orders are shipped in order date priority so any order placed now should be expected to be delivered in February."

Dec 2013 > "However, this is our second generation, so we have much greater clarity on the process and plan to begin shipments in January 2014. Orders are shipped in order date priority so any order placed now should be expected to be delivered in March."

Current Feb 2013: > " However, this is our second generation, so we have much greater clarity on the process and plan to begin shipments in February 2014. Orders are shipped in order date priority so any order placed now should be expected to be delivered in April."

See for yourself: https://web.archive.org/web/20131204120049/https://products.butterflylabs.com/homepage-new-products/600-gh-bitcoin-mining-card.html/

I'm honestly amazed they are still in business.

BFL: Parting fools from their money, since 2010.

https://www.nicehash.com/profitability-calculator#bitmain-antminer-s9;USD;0.1;1;1375;0;a1=14

About $5 a day right now after power. divide that number by half every month and thats at least how fast it is going down due to bitmain flooding the market with old s9's.

My advice 9 ( as a current bag holder of some s9's) Don't do it.

Wait until next gen hardware comes out. This is the last of the last days for current gen, thus the cheap prices on obsolete hardware.

https://www.cryptocompare.com/mining/calculator/btc?HashingPower=4730&HashingUnit=GH%2Fs&PowerConsumption=1293&CostPerkWh=0.12

Just fill in with your details then subtract cost from profit. If you don't like this you can just google search for another.

What bitcoin miner did you download? Whats happening is that you are wasting the energy and putting wear on the gpu or cpu you're trying to mine with. You'll need to earn 100000 Satoshi's just to cover withdrawing your money from a pool or sending it somewhere. If you mine BTC with a GPU you'll probably wear out the card before you reach that amount. If you want to mine with a GPU you have to use something other than SHA256 or Scrypt (both ASIC only now). X11, Qubit, NeoScrypt, and a bunch of others are used by coins you can mine and earn a lot more than you would with bitcoin. You can find a coin on that site i linked in my last post or you can rent out your hashing power using a cloud service like NiceHash

By the way just because its included in your rent doesn't mean electricity is "not an issue". A large power bill could upset your land lord, and even if it's okay with them, the amount of power you can pull from a home or apartment is still limited. You'll still want the most energy efficient machine since thats going to be the fastest anyway.

The difficulty increases at a regular interval (2016 blocks supposed to be 2 weeks) so your return will decrease 26 times in that year. There are the electrical costs and heat issues to deal with as well.

This unit runs at 1350 watts per the ad. That is 32.4 kw/day at the average cost per KW/h in the US ($.12) that would be $3.888 per day to run this unit. Using crypto compare it says you are closer to $3000 per year and that is not including the difficulty increases over the next year and also the heat and noise that you would have to deal with.

You should also buy a Kill-A-Watt to measure everything, like the wattage it’s using, amperage, and cost to you as well… they’re cheap on Amazon and really handy around the house

P3 International P4460 Kill A Watt EZ Electricity Usage Monitor https://www.amazon.com/dp/B000RGF29Q/ref=cm_sw_r_cp_api_glt_fabc_42WN7CGHCMEQSTTH7ZNH

You will definitely need an Asic miner. Since you're going nowhere with a basic PC. Google Bitcoin Asic miner and i'm sure you will find suitable information. The antminer s9 for example works with 13TH/s and needs 1350w power You will earn ca. 0.002 Btc a day https://www.cryptocompare.com/mining/calculator/btc?HashingPower=13&HashingUnit=TH%2Fs&PowerConsumption=1350&CostPerkWh=0.

First of all, you dont even need that much capital to start mining and be profitable. Theres plenty of resources for calculating the ROI which constantly changes with the price of bitcoin and changing of block difficulty. Free electricity is a huge advantage.

https://www.cryptocompare.com/mining/calculator/btc?HashingPower=14&amp;HashingUnit=TH%2Fs&amp;PowerConsumption=1375&amp;CostPerkWh=0 <-These are the numbers for one antminer s9 with 0 electricity cost. If i had 90k id start off buying probably 5 or 10. I wouldnt pay more than 1800 for one and I'd be really wary of who im buying from. Delays in shipping and faulty equipment all add to the payback period which is a few months at best. If he can find a cheap storage space with clean filtered air and cooling for the machines then he has a good opportunity to make some money. as for the partnership...make sure that fucker knows what he's doing especially if hes not putting up any of the capital. Here's a place to compare hardware. https://www.cryptocompare.com/mining/#/equipment

So if it was me and MY 90k id do my own research and cut out any partners and do the set up and planning myself. I would do a major cost/benefit analysis and compare that to other investments to see if its worth it. I would have the location and electricity all ready to go so that when the miners arrive I can just plug and go. and I definitely wouldnt put the whole 90k into it.

Also I'm just a 21 year old pizza delivery driver who just got into cryptos this year and have only mined bitcoin with my Gtx 970 for fun... maybe ask someone already established in the business if possible so he can get real advice from someone with experience.

It all depends on what you pay for electricity and how much your setup will cost you. You cant mine BTC with your cards, but you can mine easier altcoins.

Checkout https://www.nicehash.com/profitability-calculator to get a rough idea of what you computer could potentially make per day.

You're mistaken.

You're comparing apples to oranges, 385h/s of x currency when you are mining y currency

go here

https://www.nicehash.com/profitability-calculator/nvidia-gtx-1080-ti?e=0.1&amp;currency=USD

scroll to bottom

compare the currency you're mining to the #'s it shows you should get

https://www.nicehash.com/profitability-calculators shows the top 5 cards by profitability, you can decide based on your budget and card availability.

depends on what gpu you use and how much your provider charges. you can use this to calculate if it's profitable under normal circumstances. usually what makes mining not be lucrative is the cost of electricity being higher than what you earn. but if you don't pay for electricity there's nothing keeping you from mining.

two things to keep in mind though: If by free electricity you mean your parents then I would suggest not doing it cause the cost is still gonna be there and it would be easier just to ask your parents for the money. Also, when you're mining your PC will basically be useless for anything else involving graphics, so gaming, video watching, etc won't be available. And it will probably be quite loud since your gpu is running at max capacity and hence the fans will probably spin at max velocity. I personally can't mine at night cause it's an annoying sound and I need my silence.

Hope this helps

You'll want to mine altcoins with a GPU. It would help if we kew what GPU you have, for example an Nvidia 1060 would earn roughly $1.50 a day at the moment mining Ethereum, an Nvidia 1080 would get you about $2.50 a day with zcash. An AMD 480 would be around $2 a 470 about $1.75 in ETH. It really depends on the card and what coin you mine. If you mine bitcoin directly with a GPU you will earn nothing.

NiceHash.com offers a fairly easy way to get started with their own GUI software that will test your card an mine whatever is most profitable, then pay you in BTC.

whattomine.com is a fairly useful calculator if you want to look and see what coin is the best option for your card.

Either way dont try to mine bitcoin directly with a GPU, you will have a bad time.

Download Nicehash here. I use Electrum, which is a local wallet instead of online. I prefer it because I keep control of my bitcoins. The downside is that I am responsible for backing up my own wallet.dat and wallet seeds, which I do. Once you have your wallet set up, find your wallet address and copy it to your clipboard.

Install Nicehash. Once installed, paste the wallet address to 'bitcoin address' field. Click 'start'. It will prompt you to run some benchmarks. Agree to this. Then click 'start' again.

You are now mining cryptocurrency.

This setup takes about 10 minutes.

Nicehash will pay out BTC to your wallet every 2 weeks or so.

This is not the most efficient or profitable way to mine, but it is by far the easiest to set up and get started.

You are a seller if you have hardware for mining and you connect to our stratums. If you are using NiceHash Miner, then you are definitely a seller.

The buyers are those that invest some money and order hashing power for mining certain coins.

The electricity bills of course increases if you are mining, but it depends on how many power your GPU consumes for mining. For example, NVIDIA GTX 1070 is currently making 0.00200537 BTC/Day (4.95 USD/Day) with electricity costs 0.00014591 BTC/Day (0.36 USD/Day), which makes the profit +0.00185946 BTC/Day (+4.59 USD/Day).

You can check for your GPU here: https://www.nicehash.com/?p=calc

Did you seriously come in here to reply-to an down-vote everyone who chooses OS X over Linux and dual-booting? Why do you care? OS X is great for ASIC mining, not fantastic at OpenCL though.

Arguing Linux over OS X is a little silly given that OS X is a full-fledged, licensed Unix OS that is commercially supported.

http://superuser.com/a/49438

It's $440 according to

FPGA bitcoin miner is probably the most power efficient.

If 5850s ever become unprofitable the FPGA miner might be the only option left. 100MHashes for 6.8 watts is nothing to scoff at.

I found this:

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https://play.google.com/store/apps/details?id=com.greenaddress.abcore

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It says still under development.

Depends on where you're moving it to: https://www.nicehash.com/support/general-help/nicehash-service/fees

Any BTC wallet > 0.001 BTC (min) 
Lightning Network > 0.0001 BTC (min) 
Coinbase >  0.0005 BTC (min)
Payeer > From 0.001 BTC (min) 

Mining ETH might get you something...but it won't be much.

Here's a calculator to help. As for good GPUs, I don't know.

It really depends on your goals. The L3+ at 504 MH/s looks pretty profitable when looking at the online calculators.

That’s the cost of 1 miner. Add that per miner to your typical electric bill. Use this

Here's a good calculator. You'll probably be in the H/s or KH/s range in terms of hashing power - maybe MH/s. I am not familiar enough with i7 mac to provide any real estimate of its hashing power, but I know it will be VERY low.

It really depends on the hardware that you are using as well as the price of your electricity. Startup costs may be high, but with efficient hardware and cheap electricity, one can get an ROI relatively quick.
https://www.nicehash.com/profitability-calculator

Buy 1k of bitcoin. You’ll be better off if you only have 1k to spend. Only buy the brand newest miner at release. Anything else will lose you money.

You could buy a nice gaming video card and mine alt coins through nicehash and get paid in BTC. For a bonus you can game with the video card when not mining.

Check here for profitability vs. card or asic. https://www.nicehash.com/profitability-calculator

You can get a few pretty decent GPU cards for that amount. GTX 970, or Radeon 470, 480, 570, or 580 often available for around $300. Have a look at nicehash profitability calculator for an idea of ROI (https://www.nicehash.com/profitability-calculator)

One word of note though is that 4GB cards will be significantly slower mining ethereum (dagger-hashimoto) if they don't hard fork by around middle of next year. Even if that is the case, there are other dagger coins to mine.

You will want to use an automatic profit switching app on your computer to mine the most profitable coin, there are a bunch around. I recently made one for MiningPoolHub to avoid the NiceHash fiasco. Just download, run, enter pool user details and it will benchmark your GPU mining speeds and auto-select most profitable coins https://bitcointalk.org/index.php?topic=2623352.

One of my favorite features for the computer I work on is to set it to auto-start miner when computer is idle, then it turns off while I use it so I get no graphics stuttering while watching videos/gaming/etc..

If you don't have a computer, but can at least get access to one for a few minutes... you should be able to install Electrum Wallet... write down the "backup seed" (which is 12 words I believe), send any Bitcoins you own to addresses generated by that wallet... and then delete the wallet and remove the Electrum install entirely.

Then all you need is the backup seed that you wrote down somewhere to get access to your coins again.

Hello. You can't mine Bitcoin with GPU's anymore. If you are using Nicehash, you are actually mining Etherum and then get ripped off on conversion by NH and then get your rewards in BTC.

As to your next question you can use this caluclator -

Assuming the average cost of electricity in UK of 17.2p per kWh and the fact that an undervolted 3080 MSI would eat up around 220W, you are looking at 0.9 GBP per day or 333 GBP of electricity cost per year with 24h use.

Yeah. What hardware do you have in your computer? Depending on that you could make decent profit.

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The instructions for using the miner can be found here. Its one on the easier miners to use.

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Nicehash

Keep in mind that I have a relatively low hashrate. I only have one Antminer S1 at 200GH/s. What do you have?

Also which P2Pool are you using? I was trying this on P2Pool.org, and even though http://p2pool.org:9332/static/ showed my Bitcoin address and my hashrate to be ~200GH/s, I didn't get anything after 10+ hours of mining. My predicted payout was "no shares yet".

Profitability Calculator This is fairly useful. You can also look online for your card’s average hash-rate. I know the 1080 is around 26 mH/s, and there are rumors that AMD vega cards will be much faster when they release mature drivers. You can not change the hash rate of your GPU any significant amount.

The problem with BTC is the increase in difficulty. If you run the numbers now you could make a hundred usd/per s7/per month. If BTC doesn't go up in price, that is ROI never. Remember that the s11 antminers are going to do like 100TH, so s7's are going to literally not be worth the electricity to plug them in, at some point in the near future.

Theres more to this story, and we could chase the rabbit all day, but to sum it all up just look at this chart. https://www.cryptocompare.com/mining/bitmain/antminer-s7-miner/

https://www.cryptocompare.com/mining/calculator/eth?HashingPower=10&amp;HashingUnit=MH%2Fs&amp;PowerConsumption=140&amp;CostPerkWh=0.12

Looks like a 960 is pretty weak, only 10MH/sec.

Remember the wildcard with mining is the concept of difficulty. What you get today may be less than tomorrow! Good luck!

unless you explicitly told it to mine bitcoin this its not. Its mining easier to mine altcoins, on your computer, but paying you in btc for your work. https://www.nicehash.com/help/how-does-nicehash-work

A good way to get your feet wet is to buy a GPU card for $300 and use NiceHash.com to make a buck or two a day in BTC. Depending on your mix of GPU/CPU power, with a basic PC or two (or three), you could make upwards of $500 to $1k/year if you don't pay for electricity.

I average $8 a day with my humble collection of GPU/CPU mining efforts. I have about a half dozen Xeon machines with very low end GPUs (Nvidia K620s, a GTX 650, & a GTX 760) that I got for free. That adds up to a couple thousand a year.

NiceHash doesn't "mine" Bitcoin.

https://www.nicehash.com/images/uploads/marketplace.jpg

You rent out your Hash power, someone pays NiceHash Bitcoins to buy hash power to get certain coins, they use your Cards. Then at the end you just get the Bitcoins that they paid NiceHash for the Hash Power (After NiceHash takes a percentage from you and the other person).

Hi

Check here for your profitability: https://www.nicehash.com/profitability-calculator/nvidia-gtx-1070?e=0.085&amp;currency=CAD The Power is not the best in Victoria, I live in Quebec, it is far cheaper I would recommend you buy coins and HODL, GPU mining is becoming non profitable as GPUs are expensive, Difficulty increases a lot, unless your KW is not low to squeeze the max of equipment then do not expect to have a quick return as it used to be..

Mining isn't pointless. It serves many valid purposes and can be rewarding. There is just a lot of initial setup cost involved for ASIC mining. ASIC is pretty much required for most of the major coins like btc, ltc, dash etc...Some alt coins are still profitable with a GPU or CPU. You can probably mine vericoin with your CPU and an altcoin on nicehash with your GPU at the same time and both should yield a profit. Not much but not a loss.

If you take your current 980ti and run the nicehash software for instance you should earn roughly $50 per month profit after power cost.

https://www.nicehash.com/profitability-calculator

Vericoin is CPU mining only and is designed to be resistant to ASIC. Here's a link to a profitability calc.

https://bitmakler.net/VeriCoin___mining

Look at your electric bill, total your bill including taxes and so on, now divide by actual use in KW/H use this link to get your monthly total https://www.nicehash.com/profitability-calculator

If you dont care about profitability then yea you can mine. But if you want to make any money at all, you should mine things other than bitcoin.

If you just want to dip your toes then,

Fire up the computer, and go to https://www.nicehash.com/

Actually, what ever you earn from mining has to be subtracted by what you spend on everything - mining, Internet access, equipment, etc - if you're concerned about profit. If you're not concerned about profit, you can mine directly (solomine) although you're unlikely to earn anything as it's somewhat like a lottery.

You can also mine in a pool where you split the rewards (sort of like an office lottery pool where everyone splits the lottery winnings).

Finally, there's Nicehash where you sell your hashing power. It's what most people tend to go for, at least to start out.

They mean our software - NiceHash Miner :)

NiceHash is a marketplace that connects hashing power sellers (miners) with hashing power buyers (those that don't have mining hardware but want to mine anyway).

The process goes like this:

1. Buyer wants to mine a certain coin and finds appropriate pool of his choosing
2. Buyer places an order and name the price he is willing to pay for mining and what amount he will spend on the order
3. Sellers/Miners that are connected to NiceHash get assigned if this order is the most profitable for them (if it is not competitive, he has to wait or increase the price).
4. Sellers/Miners get paid from the amount buyer has spend on his order
5. Buyer can cancel order at any time, he pays on pay-as-you-mine basis (so everything that he doesn't spend is returned to him) and can mine from few minutes up to max. 10 days.

For buyers we call this cloud mining, but it is not regular cloud mining with contracts you all know. It is a marketplace.

Anyhow, NiceHash Miner is good software to utilise your hardware - gaming PCs make even $3-$6/day these days. You can check it out for your GPU here.

You can check their profitabilities with our Profitability calculator: https://www.nicehash.com/?p=calc

But note that NiceHash is a marketplace and all prices are expressed in bitcoins, as no matter what you mine, you receive bitcoins for it.

i'm in the same boat as you; looking to get into this and mine some coins. Luckily I have a spare ~30amps and power bill is flat fee every month so i won't pay for electricity.

Looking at the s9 you might want to check out this sheet/calculator:

https://www.nicehash.com/index.jsp?p=calc

According to it the only one you would make any money off of is the s9 (8$/day)

I'm a bit scared of the s9 though; it seems like it has a bad reputation on bitcointalk.org forum for reliability.

I'm kind of leaning towards S7 just because it makes 1/3rd of the value (4.5$/day instead of 12$/day from s9) and is basically 1/5th the price) If I spent the equivalent of buying an s9 i'd be making 23$/day (almost two times as much)

"Depends on the hardware" is the best answer. You can check the profitability on our calculator with given electricity costs: https://www.nicehash.com/?p=calc

Just don't forget to check which algorithms are mining, because not all of the given hardware is mining bitcoins (for most hardware altcoins are being mined and the payments are still in bitcoins - just the way our marketplace works).

If this miner will be operating in your living space then I recommend you look into a antminer S3. It's fairly efficient and the fans don't sound like a turbo jet.

Mining bitcoin with your CPU or GPU is too slow to even earn any coins because of the difficulty.

You might also take a look at using the NiceHash pool. https://www.nicehash.com/ You can rent out our GPU mining power for mining other coins for payment in Bitcoin.

I miss-typed the link in my post, but https://www.betarigs.com/ should work. There's also https://www.nicehash.com/ and a few others that i've not tried. There are times like now where rates are pretty low, and other times when people for whatever reason (perhaps mining new coins) flood the market and buy up high priced rentals left and right. In my experience on average if you keep with the market prices you can earn a small (maybe 5-10%) bit more from renting out your own rig, it's not much but its something.

Since you mentioned you've setup a full blockchain node for other coins before, you might also want to give solo-mining a shot. I mainly solo-mine digibyte and myriadcoin between my various miners (GPU and ASICS). Not many new coins come out with SHA256 support these days, but the ones that are out there are pretty much all solo-minable for anyone with >50gh/s. You might only get one or 2 blocks a day, but they are your blocks (if that sort of thing appeals to you).

You should be able to use The Non-Sucking Service Manager to run the batch file that starts up your miner script/command. I've not done this with mining, but I have done it with regular batch files and windows executable files. So you may need to experiment with some of the settings - especially for shutdown/exit.

Arduinos are microcontrollers - much, much less powerful than a real computer. They're not capable of handling the processing/networking that something like cgminer does. What you want is a Raspberry Pi, which is cheap and tiny, yet runs a fully-function version of Linux. A lot of people are using these for mining. This will give you some idea of what it takes to get one up and running (the LCD/keypad device is not necessary but is nice if you're running without a monitor).

The gateway address doesn't matter until you connect it to the internet (and then it would be the address of the router your university uses and will be set automatically if you use DHCP.)

I'm just confused at how you're initially telnetting into it. Is there a "failsafe mode" switch on it or something? What was the original IP before you changed it? Can you still ping the miner (open up a command prompt and type "ping <ip address of miner>."

You can always try running a program like Nmap to scan the whole IP block to find open ports. It's possible they put the WebUI on an alternate port (in which case you would have to type <ip address:port number> into your web browser to access it.)

I stopped looking at my mining for just 1 day and just that day the internet went down and strangely my asics didn't return. But anyway, you have to leave a computer on (and not hibernate) with asics. I make my remote access very easy, using Google Remote, via the website, it's very good. site google remote

Here's a pretty good list of wallets.

I couldn't tell you how to go about CUDA mining but any mining you did on the rig you listed would be for entertainment purposes only. You would be making something like pennies a month running that rig 24/7 losing loads to the power upkeep.

Bitcoin mining currently is only remotely viable on dedicated machines with specialized hardware and the "gold rush" days of mining bitcoin are long over, very little offers much profitability especially at small investment levels.

Yea this is about as far as I got. But I don't need so many outlets just 30amp with a few..vertical mount would be nice but I guess I'll have to go with the one posted above that's a server mount type.

Tripp Lite Metered PDU, 30A, 30 Outlets (6-C19 & 24-C13), 208/240V, L6-30P, 10 ft. Cord, 0U Vertical Rack-Mount Power (PDUMV30HV) https://www.amazon.com/dp/B0012VN0I0/ref=cm_sw_r_awdo_navT_g_XBWR7J7VVAB8ER3RND0Y

Considering the nature of bitcoin mining, I would say it's a very bad idea for the life of your phone to engage it in mining. But if you intend on giving it a try, there's a couple apps on Android that can help you do just that. Note the reviews though, kind of spell it out for you. Good luck!

• DroidMiner BTC/LTC/DOGE Miner ( $0.99 USD )
• Easy Miner ( Free )

To good to be true? Looks that way. See reviews on Trust Pilot.

Trust Pilot reviews

Another reddit referral attempt

Looked to go to be true, and most likely is. Many reviews on Trustpilot talk about having issues getting coin out of it. They do pay referrals though. lol

https://www.trustpilot.com/review/freemining.club

For your typical home/light duty power this is the breaker you want. Go buy from wherever it is convenient. I am just linking the amazon one to avoid confusion.

Amazon version here.

DROK AC Power Meter, AC 80-300V... https://www.amazon.com/dp/B01MRZAFAF?ref=ppx_pop_mob_ap_share Is the meter https://www.etsy.com/listing/1101650490/2-240v-meter-box-for-mining-digital

For the box. He sells them in pairs and the quality is great. Fast response from him too.

There's been a lot of science around this

Geoffrey West: https://www.amazon.com/Scale-Universal-Innovation-Sustainability-Organisms/dp/1594205582

Also Luis Bettencourt

the only mining I know of on a PS3 is here

Kind of along the lines of this. I’ve never used them but I’ve seen guys use them. I’m sure if you dig you can find better/less expensive.

https://www.amazon.com/AC-Safe-AC-302-50R-Conditioner/dp/B01B6PMN2A/ref=mp_s_a_1_5?crid=3LRIOFBMXJ0OH&amp;keywords=air+filter+roll&amp;qid=1656635914&amp;sprefix=air+filter+roll%2Caps%2C117&amp;sr=8-5

Yes I know it will but to me it’s better for the longevity of my machines. I look at it as insurance, it blows 20F at 500CFM in a small 35sqft room, you could hang steaks in there! It will get down to about 65F ambient temperature when outdoor is 95F-100F. That is worth $3 to me. Probably would be less cause only run it for 5hrs approx but still an added cost. ***Also for your intake filter, if you’d like to use a window and don’t care about noise leak, I’d buy a Home Depot home ac filter that fits your window dimensions. Or you can do what I did and buy as many of 8” or 6” circular vents as you need like this : AC Infinity Wall-Mount Duct... https://www.amazon.com/dp/B07MHBWGFK?ref=ppx_pop_mob_ap_share

I then get a filter media of my choice, for high flow I’d use this : 2PCS Range Hood Grease Filter... https://www.amazon.com/dp/B07SM82Y2T?ref=ppx_pop_mob_ap_share

Wrap it around the tail and zip tie it and you’re off to the races!

If you have Actual 240 Volt power and can mentain 75-80F temp of the room then S19 will not less power and use around 12-14 Amps

I am running two S19s with below PDU

https://www.amazon.com/gp/product/B0B2FD7YGX/ref=cx_skuctr_share?smid=A1BRE6R1QGBVNA

https://www.notion.so/Carbon-FYI-Methodology-51e2d8c41d1c4963970a143b8629f5f9

Mining Pools & Geographic Attribution

> Mining pools are collective organizations composed of individual miners, each contributing their hashing power toward maintaining the network. An important caveat to our approach is that mining pools are distributed, and thus it's not with complete certainty that their entire hashing power can be attributed to the geography for which they are registered. One possible solution would be to take a global average of electricity grid emissions coefficients; however we felt the additional nuance would be beneficial to our transaction calculations and provide a framework for integrating more accurate data in the future.

I'm confused by this. So you're suggesting to use Ubiquiti routers? Right now I'm using these:

https://www.amazon.com/gp/product/B00A121WN6/ref=ppx_yo_dt_b_asin_title_o08_s00?ie=UTF8&amp;psc=1

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I would also like to know how to set up my RPi with VPN and remote desktop. I was going to set up Teamviewer to remote login. Right now Foreman handles most of the commands I need, but if woud like to be able to get right into the machine remotely via LAN.

I think the most important part here is that these miners are designed to run on 240V at a minimum; look up double sine wave electricity. This is what a double pole breaker does, it hits two hots that run at different timing. Three phase is all 120’ apart with three waves.

You can not run these machines long term on single pole breakers. Try and run anything designed for 110/120 on a 240V line… it dies.

Easiest way is a double pole 20amp breaker per machine. Use a commercial grade outlet with two 6-20P straight blade. No PDU. Two power cords.

https://www.gordonelectricsupply.com/p/Cooper-Wr5462Gy-Receptacle-Weather-Resistant-Duplex-20A-250V-2P3W-Straight-Compact-Gy/6651743

NEMA 6-20P to C13 Power Cord - 15A/250V, 14/3 AWG - Iron Box # IBX-4936 (6 ft, Molded) https://www.amazon.com/dp/B004WJNVH4/ref=cm_sw_r_cp_api_i_6KMNF3005AXKAX8PAPJH

You’ll have the 80% safety all the way down the line and no inspector will red tag you.

But keep your options open with a few 30amp double breakers for PDUs. You never know what you’ll be mining with and one big machine with a few little ones is very nice to have on one breaker.

ATX power supplies aren’t very good and they aren’t designed to run 24x7. That being said I would replace all the risers.

I use these: Newest VER010S PCIE Riser Express Cable 1X to 16X (Dual-6pin / MOLEX) with Led Graphics Extension Ethereum ETH Mining Powered PCI-E Riser Adapter Card, with 24inches USB 3.0 Cable, 6 Pack

https://www.amazon.com/dp/B09LHB5G5G/ref=cm_sw_r_cp_api_i_MH07AD7VVPQ2N65WQMA6?_encoding=UTF8&amp;psc=1

is there an advantage I do not understand to using a PDU over 2 cables plugged directly in to the dedicated circuit?

&#x200B;

https://www.amazon.com/NEMA-6-20P-C13-Power-Cord/dp/B004WJNVH4?ref\_=ast\_sto\_dp

S9s are pretty cheap and they make about $2 or $3 a day or so in BTC. You can get them on Amazon but there are cheaper alternatives (like eBay). You'll want the miner and power supply. The power supply will be interesting as some of them are 220 volt (north america) and some are 110v.

Anyway, check 'em out - they're not really profitable anymore because of electricity cost, but not a bad solution in your situation: https://www.amazon.com/ANTMINER-14-5TH-Bitcoin-Mining-Machine/dp/B09VSQ7NVW/

S9s heated my whole house this winter and made money while doing it!

I will use fan spoofers like this https://www.amazon.com/Simulator-Emulators-Submersion-Assembled-Eliminator/dp/B07KTYT55S

Believe it or not, I’ve found really good deals on Amazon. Iron Box brand has all sorts of lengths, colors, wire gauges, and input/output combinations.

The one I got because of a PDU

C14 to C13 Power Cord - Black, 15A/250V, 14/3 AWG, IEC 60320 - Iron Box Part # IBX-4903-06 https://www.amazon.com/dp/B0085CE9O8/ref=cm_sw_r_cp_api_glt_i_S8Z16WE5355MQY9FFR1K?_encoding=UTF8&amp;psc=1

But the 5-20P end is

NEMA L5-20P to C13 Power Cord - 6 Foot, 15A/125V, 14/3 AWG - Iron Box Part # IBX-4931-06 https://www.amazon.com/dp/B004WJL9ZK/ref=cm_sw_r_cp_api_glt_i_VVBX48FX5SXADNGSJ0E1

But then you have to put multiple outlet boxes all over if you stick with L5-20; two per S19. That gets pricey for power cables, wire, outlets, gang boxes, and installation.

Since I have L3s also, I use one L6-30 corded PDU and can put three L3 (660 watt x 3 = 1980) with one big machine pulling 3.5K watts. As long as I don’t overclock and watch the heat making higher electric draw, I stay under 80% rule. But just barely. I have 10 gauge wire, short distance to the box, in steel conduit, and tight connections so I can surge here and there.

If I wanted to run two 3.5 kW/h machines (two S19 or similar) then I’d go with a double pole 50 amp breaker, 6 gauge wire (close as HELL to the box - pricey wire), and one of those 50 amp octopus looking PDUs on eBay. Then use four Iron Box cables. It seems cheapest overall, and it’s scalable. This is my plan for an L7 (if I ever get mine) with my lowest draw Whatsminer and an ETH rig or two L3.

I used the Hawking Technology HW5AC for a few years with no problems because I was too lazy to run ethernet into my attached garage. :)

https://smile.amazon.com/Hawking-Technology-Hi-Gain-Wireless-AC-HW5AC/dp/B00QKH1K92/ref=sr\_1\_1?crid=2IHPVCMH6UURZ&amp;keywords=Hawking+Technology+HW5AC&amp;qid=1646101872&amp;sprefix=hawking+technology+hw5ac%2Caps%2C294&amp;sr=8-1

Alright thanks man. https://www.cryptocompare.com/mining/calculator/eth?HashingPower=500&amp;HashingUnit=MH%2Fs&amp;PowerConsumption=800&amp;CostPerkWh=0.70&amp;MiningPoolFee=1 this is the websites that says with even such high electricity cost it will make $10 a day lol. It already looked to good to be true.

I’m new aswell but you can use this website https://www.nicehash.com/profitability-calculator/amd-rx-550-4gb

That will show you profitability and power consumption of GPU you are considering. It will help make a decision on what GPU and what you can expect from it

https://www.nicehash.com/profitability-calculator

have fun.

the least efficient miners are cheaper, and usually have a faster return of investment. the s9 gets you around 90 euros a month and was costing 300 euros some months ago... the prices skyrocketed now and they cost around 400 euros... the s19 can cost about 9k usd, it's much more efficient but also very expensive... check the income in the nicehash calculator. if energy price isn't an issue go for less efficient units and aim for faster ROI (return of investment), just remember they use a lot of power and need proper cables.

1. depends on your internet cost and equipment
2. again depends on your equipment
3. S9i? Depends on your wallet, the S9i is a dated machine, there's a S19 now, it costs almost 10k usd... a s9 gives about 4usd per day before electricity cost, a more advanced machine goes to about 30usd per day before electricity.
4. Depends on your electricity cost, take a look at the mining calculator, select your equipment and your electricity cost and it will say how much you will make https://www.nicehash.com/profitability-calculator

id split between 50% latest gen gpus (amd 6000 and nvidia 3000) and 50% latest gen sha256 asics (bitmain s19 or similarly efficient). if you wanted to go low end, you could pickup a few S9 cheapo on ebay, but their energy efficiency is terrible compared to the newer ones. calculator for gpus (including power): https://www.whattomine.com/coins and for asics: https://www.nicehash.com/profitability-calculator/bitmain-antminer-s19

I am running mine at home, next to my living room. You can see my setup in the link. Get big sound isolated dict to put on both ends on the machine ( fans to be inside the duct ) and on top of it i put soundproof panel, goes down to 40db, vacuum cleaner is double louder than that

home mining setup s19j pro 104th

I just uploaded 3 pictures in this link : https://files.fm/u/7uub6syv9

please note the ducts are both 2 meters long on each side so i can vent the heat away from the machine. The room which i heat is 30 m2 and the temperature inside is 30 degrees celcius which is way more than normal but is better to be hot than cold as outside is -3.

We have started ECM about a year ago. Yes, we have some reviews, will link them below. https://www.trustpilot.com/review/eastcoastmining.com

We could also do a video chat if that gives you more confidence.

Buy this 10-30P to 6-15/20 adapter,and then buy a 6-20 to C19 cable.

https://acworks.com/products/s1030cb620-3-prong-dryer-10-30-plug-to-6-15-20-outlet?_pos=19&amp;_sid=baef35d53&amp;_ss=r

Toptekits NEMA 6-20P to IEC C19 3X12AWG SJT (20A 250V) 6ft/1.8m, Power Extension Cord for PDU UPS, UL Certification (6-20P to C19,6ft) https://www.amazon.com/dp/B0832P4GC3/ref=cm_sw_r_apan_glt_fabc_NPVCKQ1Z1PHF33SRH71Q?_encoding=UTF8&amp;psc=1

I dunno. Type I plug is not even a plug that’s used in the USA. I’ve got 2 Whatsminer M31S. I replaced the old receptacle with an L6-30r and then plug straight into it with one of these. You’re running a lot of Volts with an Asic miner so I would advise against shortcuts and using an adapter of some sort. Up to you though. Receptacle isn’t very hard to change out and then all you’d need is a power cable.

Cable Leader 12 AWG 20A 250V Heavy-Duty Power Cord (NEMA L6-20P to IEC 320 C19) UL Listed (8 Foot (1 Pack)) https://www.amazon.com/dp/B07KKPZ3RZ/ref=cm_sw_r_cp_api_glt_fabc_3M2X8CVDG3W5PJFHK0B5

ELEGRP NEMA L6-30R Flush Mounting Locking Receptacle, Twist Lock Socket/Outlet for Generator, 30 Amp 250V 2 Pole 3 Wire Grounding, Industrial Grade Heavy Duty, UL Listed (1 Pack, Black) https://www.amazon.com/dp/B08CXF9WDC/ref=cm_sw_r_cp_api_glt_fabc_QCSXE6EE79SE0VT7PWCR?_encoding=UTF8&amp;psc=1

You need one of these or an l6-20r for a 20amp breaker. Depends on your voltage coming from your panel.

https://www.cryptocompare.com/mining/calculator

.12 cents per kWh isn’t extremely high but it’s not unprofitable.

The calculator above in the link is what most people use to determine profitability with machines.

S19s are your best bet for mining at home especially at that power rate. You can run around 3 of them safely in a normal home application and vent the air outside or use it as heat in the winter if it’s cold.

The higher the cost for power the more efficient you want you machines. If you had a power rate of around 7cents and had the ability to host 50+ s9s I would suggest that but the buildout cost is much higher compared to mining at home. Each s19 uses 3300 watts @ 240v so consumption is 13.75watts each. 41.25 plus the 20% rule you should be ok to run them off a standard 60amp home breaker you can have an electrician install a single plug for a PDU for 3 machines or 3 plugs for them individually from the breaker. The closer you put the miners to the panel the cheaper (Less conduit and wire also labor cost). An initial investment of about $13,500 x3 (per s19) would be $40,500 upfront estimate about 2k in electrical work and data communication buildout (cheapest part) you’d be looking at around 330TH/s @ 9,900kwh profitable by $2,933.33 per month if btc is around its price today ($64,000). Your Investment ROI on paper is 14.16 months. Your machines are still an asset and will hold resale value at the end of that so you would be in the green to upgrade or continue the overall profits until you become unprofitable with the machines because of your power rate.

Honestly, that’s pretty high. You’d prefer to be half of that in order to stay consistently profitable. That said, it looks like you’d be profitable at the moment. Make sure you use a mining calculator with your specifics and run scenarios at different BTC levels.

https://www.cryptocompare.com/mining/calculator/btc?HashingPower=90&amp;HashingUnit=TH%2Fs&amp;PowerConsumption=3600&amp;CostPerkWh=0.22&amp;MiningPoolFee=1

I don't think so.

https://www.cryptocompare.com/mining/coinminer/antminer-s9-sha-256-140ths/

The number there says $41.30 per month. Using the very service you claimed to be getting the number from.

Sorry if you don't like your facts question with evidence

On a 100TH/3250kwh rig it would be approx $.54 a day difference, or about $16.38 a month. Not a deal breaker at current hashprice, but as things squeeze in the future it will have more impact. https://www.cryptocompare.com/mining/calculator/btc?HashingPower=100&amp;HashingUnit=TH%2Fs&amp;PowerConsumption=3250&amp;CostPerkWh=.007&amp;MiningPoolFee=2

It sucks that they're increasing it, but still a reasonable rate.

https://www.cryptocompare.com/mining/calculator/btc?HashingPower=25&amp;HashingUnit=GH%2Fs&amp;PowerConsumption=10&amp;CostPerkWh=0.&amp;MiningPoolFee=1

Just use this side and find a miner which meets ur requirments

How about these miners https://bitwats.com/products/ Are their claims valid? They say they have delivery times of 7 days and that their miners are on stock. If you input their claims data into

https://www.cryptocompare.com/mining/calculator/eth?HashingPower=2&amp;HashingUnit=GH%2Fs&amp;PowerConsumption=550&amp;CostPerkWh=0.20&amp;MiningPoolFee=0

the returns are great. What's the catch?

It depends on the cost of electricity. Look up bitminer calculator to get you the guesstimate prices.

https://www.cryptocompare.com/mining/calculator/btc?HashingPower=40&amp;HashingUnit=TH%2Fs&amp;PowerConsumption=1500&amp;CostPerkWh=0.12&amp;MiningPoolFee=1

Are you sure electricity is free? Ask your mom first. Cause she may think otherwise.

If you pay $2K for a video card it's going to take a while to pay that off earning $15/day or whatever. During that time BTC could go to the moon or it could crash. Nobody knows which.

Meanwhile, use this calculator to get an idea:

https://www.nicehash.com/profitability-calculator

You can try NiceHash but just to be clear you can't mine Bitcoin on a PC; the only way you can mine BTC is using ASICs.

Using NiceHash you sell your hashpower to people mining in pools and you get paid in BTC.

Start here if you want to learn more:

https://www.nicehash.com/blog/post/new-to-mining-mining-tips-for-beginners

You can buy specialized hardware, but today it's really coming down to a race of efficiency of the cost of the hardware, the cooling and the power versus the profit the miner can make. Assuming you don't have access to unmetered power, I'd encourage you to look at cloud mining rentals. You can get started with much less initial cost, and get a flavor for mining in other countries where utility costs are significantly less per compute hour than your house. I've used both nicehash, which is very easy, and Mining Rig Rentals, which is more complicated but much less expensive. By no means are these the only option, but when it comes to utilities they will beat your costs significantly.

You probably already have 240v outlets in your house, for your stove, electric dryer, and water heater al least.

You'll want to figure out where your ASIC is gonna go (I suggest in a basement, near windows for venting) and have an electrician wire you a 240v circuit there, at least 20A per machine.

If you want to get mining before doing this, you could plug it in to one of your existing 240v outlets, however that location probably won't be ideal in terms of heat & noise, and you're deprived of that appliance while ASIC is hashing.

I run Whatsminer ASICs and haven't had any issues with mine thus far.

Make sure to have electrical particulars figured out before miner arrives...sucks when you finally get it and realize you're not set up. IME, some arrive with power cords, some don't. This will work: https://www.amazon.com/dp/B005KKCNXW/ref=cm_sw_r_apan_glc_fabc_0R14G0NTPSVBYREF77K2

Oh, and these machines need an ethernet connection. Spending under $50 on a wifi repeater that has an ethernet port on it will save you from running ethernet cables all over your house.

Good luck

This is what I bought for my Avalon 1066. There are cheaper cables but they are typically thinner gauge wire that cant handle the amperage.

https://www.amazon.com/BITMAIN-220-250v-HEAVY-Power-Antminer/dp/B078SW9WCW/ref=pd_lpo_1?pd_rd_i=B078SW9WCW&amp;psc=1

S17, S19 series

https://www.amazon.com/PowGrow-Extension-Anti-Aging-Capacity-Wear-Resistance/dp/B095LNBMKX/ref=sr_1_3?keywords=nema+6-30r+to+C13&amp;qid=1639452825&amp;sr=8-3

That's a NEMA 14-30 receptacle. It should be labelled in your panel.. Since it's 220v, it will be a 'double breaker' . If you're having trouble ID'ing the breaker, I think it best to have an electrician or someone who has installed Dryers help you. It isn't that hard, but you don't want to start a fire or injure yourself or your family.

https://www.amazon.com/ENERLITES-66351-BK/dp/B08GY3WMKF/ref=sr_1_5?keywords=14-30+nema+plug&amp;qid=1638890109&amp;sr=8-5

Oh man - ao many bad answers in here.

You have free electricity, so you will get your best value by buying used, older gen miners. The difference between new miners is that they use less power (watts) per TH than the older miners. When you are paying for electricity this is important (but becomes less so the cheaper your electricity gets). If you electricity is free, you want to buy the lowest prices $/TH units you can find.

E.g. Say you have $10,000 USD.

In today's market, that might get you 1x S19. This give you 95TH (they use 3250W, or 34W/TH efficiency).

S9s are selling for around $350 each. They run at 13.5 TH and 1323W (98W/TH efficiency). With that $10,000, you could buy ~28 of them, yielding 378 TH, or 4x what you'd get by buying 1x S19.

Go punch in the numbers here and you'll see why you would want to choose the 2nd option, given free electricity.

https://www.cryptocompare.com/mining/calculator/btc?HashingPower=1&amp;HashingUnit=TH%2Fs&amp;PowerConsumption=&amp;CostPerkWh=0.&amp;MiningPoolFee=1