gpu mining

It has been a while since my latest updates with my Ethereum GPU mining rig. In fact, Q1 2018 has been pretty dull for crypto investors, including miners. Long story short - at the end of 2017 I decided to build a small Ethereum GPU mining rig, now in the middle of April 2018, in total, I have invested in this mining rig $1,661, though the total ROI has been just 11.63%. In the past 4 months, I have mined humble 0.32 ETH, with today's ETH/USD ($515.83) exchange rates that would give USD 165…

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…

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…

Each time I add some new graphics card to my existing gpu mining rig or some other major happenings happens I make a quick update into the blog.  There are two major updates since my latest post from cryptocurrency mining experiments - I have installed another gpu card (in total there are  already 4, giving a hash power of about 53 MH/s) and second, Ethereum price has dropped by about 40% in the last days (from $1,430 in January 13, 2018, to $1,007.41 in January 23). Both things heavily affect…

The idea and inspiration for this article come out since after about a month ago I started to invest both in cloud mining and building my very own GPU mining rig. I decided to compare - what's more profitable - doing all by yourself or just throwing money into cloud mining contracts. Make sure to read out my previous article on similar topic: To Mine or Buy Ethereum/Zcash/Monero in 2018 For a prelude, back in December 2017, I decided to build up to 12 GPU mining rig, using kind of dollar cost…

Welcome to the last post of 2017, and no surprise but today I will speak about increased Ethereum (and Siacoin) mining profitability by overclocking GPU cards. Those of you following my blog lately already know - in December I decided to build 12 GPU mining rig and ordered goodies from Amazon. In total spending about $1,147.  The total investment right now covers just the core minimum - motherboard, power supply, PCI risers, RAM, processor and just 2 graphics cards. At the start, I ordered…

It has been a couple of days since my first GPU mining rig is set up and running, making me a couple of extra dollars every day. In these past couple of days, I have learned a lot, mostly tech stuff how to install different components on a motherboard and to connect to the mining pool. In today's article, I will share a few photos and notes what helped to get me here. It all started with ordering details for 12 GPU mining rig from Amazon. It sounds bit insane but I spent about $1,000 just for…

This is a quick follow up post after previous and initial I'm Making $0.98 Per Day By Mining Ethereum and Siacoin, and I want MORE!. It has been first 24 hours since my core mining rig have been set up and running. Well, more precisely, yesterday I finally received details ordered from Amazon at the start of December - motherboard, processor, power block, graphics card and other, see: Building a 12 GPU Ethereum Mining Rig From Scratch - Part 1: Ordering Details By now all mining operations…

The fans are spinning and graphics cards are heating, it has been 24 hours since I started mining Ethereum and Siacoin. And in these 24 hours, I've made $0.96. Ok, in fact, there is just one fan spinning and just one RadeonRX 560 card, which I bought a couple of days ago in Tbilisi, and decided to test the mining process at one of our spare office computers, before details for my 12 GPU mining rig arrives. I feel glad I was so impatient and rushed to perform a test, as while doing test setup…