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February 16 marks a small 2-month anniversary since I've started to mine Ethereum and others altcoins. In today's article let's take a quick review and try to understand is GPU mining still profitable in 2018? It all started with a FOMO back in December 2017, after successful second part of the year of investments in crypto, I decided to build a 12-GPU mining rig. Currently, I've invested $1,661 in this mining rig and after 2 months of operations, the current ROI is 12.53% (not counting in…

A couple of days ago I shared a quick tutorial on how to mine ETC (Ethereum Classic) with SMOS (Simple Mining OS), as there is an upcoming ETC Callisto airdrop happening, the idea to pre-mine couple of ETC's sounded tempting to me.  Now, as I've been using a mixed AMD + NVIDIA mining rig, to get most of it, I'm left using Claymore's dual miner, which just recently released version 11.0 , and I decided to test it with some new coin, after a quick google search I found a quite a few Ethash based…

Now, this is huge and exciting for ETC holders - Ethereum Classic development team recently announced the Callisto Network Project which will result in a 1:1 CLO airdrop for ETC holders. As a holder of ETC, and in fact as a miner of ETC (How To Mine ETC (Ethereum Classic) with SimpleMining OS) I find this very exciting and decided to look - how to prepare for this upcoming "fork" to get most out of it. But before digging into technical details on how to profit from this Callistio Airdrop, let'…

For the past couple of weeks I've been experimenting with crypto mining and started with Claymore's dual miner to learn that I can dual mine both Ethereum and Siacoin out of the box, I put my mining rig as it is and let the machine to mine coins for me. See: I'm Making $0.98 Per Day By Mining Ethereum and Siacoin, and I want MORE! Meanwhile, in crypto space, a lot has happened, and I decided to explore my options to mine some other coins using SimpleMining OS, which IMHO is awesome. At the…

Putty is a nice and neat free SSH terminal for Windows OS, I've been using Putty for years, mostly to perform server-side tasks (Ngnix, Drupal and so on). About a month ago when I started gpu mining experiment and decided to build 12 GPU Ethereum mining rig, I didn't know much about many options available for mining and soon found SimpleMiningOS, which is brilliant (IMHO) - plug and play ready to go from an 8 GB USB stick. I was pleasantly surprised learning that I could manage my rig using…

Asus Geforce GTX 1050 Ti 4GB ROG Strix OC Edition is the latest addition to my Ethereum mining rig, which currently consists of 4 GPU.  Bought back in Tbilisi, and I believe that I just overpaid about $100 for this card, in total spending $296 for this card. Not very cost effective. A couple of weeks ago I bought Zotac Geforce GTX1050Ti card for about $220. And in fact, this time I visited a store I was looking to purchase another Zotac, but unfortunately some had reserved all cards already…

ZOTAC GeForce® GTX 1050 Ti OC Edition is the third graphics card installed on my mining rig.  Bought back in Tbilisi and paid about $220 for this card, see: Buying Graphic Cards (GPU) and Computer Parts in Tbilisi, Georgia. Currently sold on Amazon for about $260 - ZOTAC GeForce GTX 1050 Ti OC Edition 4GB GDDR5 Super Compact Gaming Graphics Card (ZT-P10510B-10L) Out of the box, this card gives ~12 MH/s in Dual mining mode on SimpleMining OS. I believe with solo mining and little overclocking…

From simple crypto investments (buy & hold), speculative day trades, investments in cloud mining contracts, to building a custom 12 GPU ethereum mining rig. Sound enough? Not for me, it was yesterday I decided to get my hands dirty and understand this blockchain economy better and building a few test ethereum smart contracts. There is one simple explanation I can find for my desire to explore more - just to understand how this blockchain economy works from the technical point of view. You…

This EVGA GeForce GTX 1060 SC GAMING, ACX 2.0 (Single Fan), 6GB GDDR5 is the second graphics card I've put on test for mining Ethereum. Bought from Amazon, together with the rest of mining rig equipment at the end of December, paid about $275 for this card. At the start using default out of the box settings, I was able to get out just about 14MH/S, which felt wrong, as I was hoping to get at least 22 MH/s with this card. Unboxing EVGA GeForce GTX 1060 SC GAMING, ACX 2.0 (Single Fan), 6GB …

I've been mining ether since December 16, 2017, the total hash power currently is about 28MH/s. That's about 1/5 from the planned hash power in 2018.  It all started with a single GPU installed at one of the free office computers, later it has been extended to custom-built GPU mining rig and some optimization done. Past couple of weeks have been a nice learning curve, I have created many articles on mining with GPU, and they are among the most popular in 2018. Without doubts - crypto mining is…