Is GPU Mining dead and is my GPU ETH ZEC and ZenCash Mining Farm making any profits or am I sinking into endless debt?
What to do when your GPU Rig is not working and ZenCash has risen over 200% as Teeka of Palm Beach Financial places a massive spotlight over ZenCash and the elite Zen team.
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Build your own best bang for buck mining rig with these parts
Cheapest 6x GPU Rig Frame - http://amzn.to/2gBWU4a
Zotac 1080 Mini 8gb (6x)
Zotac 1070 Mini 8gb (6x)
Zotac 1060 mini 6gb (6x)
Gigabyte z270 d3 mobo
Intel g4400 CPU
ATX power switch
EVGA 750w PSU
Parallel Miner 1500w (750w x2) and 750w
https://goo.gl/SJjNTb and https://goo.gl/ZFckQc
ATX mobo adapter https://goo.gl/BDbcGD & https://goo.gl/5G6pHU
Velcro (exact type used)
Arctic Freeze Thermal Paste kit
Mining software used is nvOC made by fullzero https://goo.gl/pYgo8B
VoskCoin Official Donation Addresses, support appreciated!
BTC - 12PsgKuhcJrEqJbD3oMN7rcEcuyqyqRznL
ETH - 0xDEe6A2ae293F8C58Ef71649658344BbF382b6e70
ZEC - t1WRoxHVh8vhDJxAr6vpP4zzj3xHGF9ZbgQ
ZEN - znb1iNFP6VctF2AhXLXtMsSjP7emvYDmeXR
VTC - VdeggL7drzbYeB2eedDeDYe9xPwtPXW8KG
KMD - RCbKFSQhNWCqSwuFY8cGwzhDk8zMdYkjDj
Doge - DHgX7vJjBsmYcB1GgubGtu3TVJkqQgCG6B
XMR - 484HoyS4h2fenvLKQkuUV7FwnJaGK8LMX43tiJ3UZdVU53d2MxFiQ1jbSfyorsXZVs1SvoPVh4nipjd7b4GVgFGmCgygdpV
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Hi, i like your videos, and planing to build up mining rig, but need your opinion on it, I have got 2x 1080 ti gpu and 1x 1070 ti,
what motherboard do i buy and what size psu do i needed for these as i am also planing to get another 2/3 gpu in future and lastly ,,,,whats the most profitable crypto to mine in this current Time, your suggestions will be highly appreciated, Thanks
Vosk, This is a shameless plug for a product I firmly believe can be a game changer for you. If you haven't found ethOS yet you are missing out. It is a Mining focused Linux that allows you to do all your configuration in one simple location and has a one time license fee per rig with no monthly re-occurring cost. You get both software and hardware support complimentary with the license also. Hit http://ethosdistro.com/kb to read up, and https://gpushack.com/search?type=product&q=ethos to see a list of ethos. Oh, and just wanted to say you have the most professional Rig Building videos I've come across so far. Keep up the good work !!
ETH is not the most profitable coin since ETN was launched. RX570 and RX580 or their legendary predecessors 470 and 480 can pull 800-1000H/s on CryptoNight, go to electroneum.vip and use the estimator tool in the pool homepage, see how much you can earn per day, Electroneum is a spectacular coin that will be very big, this year it's going to hit at least 5$. The monthly profit is mind blowing really. I tested all ETN pools, this pool runs on the backbone of the internet in Ohio on expensive Amazon hosting, try it for a week with even 1 AMD card, you will be amazed.
You’ve gotta join Hashflare. I did a small test and proved that in about 100 days I’ll make back my original investment. Then the next 265 days are pure profit. 💎⛏
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Who has been spitting fud "Mining is dead" what rubbish. With a farm you get good monthly income and can sell straight off with intention of ROI. Whereas trading you mainly hodling with intention of the coin to rise... Love you Vosk Coin. Keep em coming bro. You're a true inspiration to us all.
HashFlare Bitcoin Mining Contracts still available here: https://hashflare.io/r/AE70FE58
You break even within 2.5 months!
It's the LAST reputable BTH mining contracts still available as Genesis is sold out and NiceHash got hacked.
HashFlare SOLD OUT of DASH, but still has Bitcoin, Ethereum, Litecoin and ZCash available for limited time only!
why you are being so upset? Are you gonna jump from a tall bridge? Are u into that?
If not... stop with this sense of anger man.. Let everyone work for their own purposes. If you didn't found a purpose for your life, don't stay puking over people who are trying to build their projects. The minimum should be respect.
Don't take this as offense... but if so,, you deserved it! Bye.
This whole bitcoin thing is a scam. Don't waste your time or money. How you can mine something out of thin air I will never understand, I guess that's the term they want to use to make it sound legitimate.
"It gets slower the more its used" so because the technology is not perfect and scalable when it first comes out its worthless gotcha, btw segwit has been released to thats no longer an issue. So can you explain to us how its a "scam" as you call it? I haven't seen anything to prove it yet. It's not a scam because you dont believe in it. Their are lots of things out their that have an outragous value because people believe in them, not because they are worth that much. Come back to these comments in 2 years so we can all laugh at you.
Not too much anymore lol, since alts have taken a hit lately and hashing power has increased significantly all round, its not so easy anymore! but The future should be bright for crypto currency so i won't be slowing down anytime soon!
Hi VoskCoin! Could you give me any recommendations on how to maximize my CPU Mining. I'm a newbie in mining digital currency. Only started a few days ago. My mining rig is of the following:
Processor: Intel Core i7-2600
Motherboard: ASUS B75M-A
Memory: Kingston PC3-12800 16GB (8GB x 2)
Hard Disk: Seagate 500GB
Operating System: Windows 7 Ulitmate x64 bit SP1
Miner: XMR-STAK-CPU mining Monero
I'm not yet ready for GPU Mining as of now, but possible in the coming months if all goes well with my CPU Mining in Monero.
I see your using Simple OS, why not use EthOS? You pay for the OS one time, not monthly like Simple OS. You can control your rigs remotely or locally. There are a lot more options available then what Simple OS offers. Don't let the name fool you, you can mine just about any coin with EthOS. Anyway thanks for anther great video.
What miners need to ask themselves is are they in it for the money or are they in it to support the system and make a few $ on the side. Because the honest truth is most mining is not as profitable as buying the mined coins and waiting for them to go up. The initial cost of the setup is high and the return is lower then just buying the coin and waiting. It's a tough truth to swallow but do the math and you will see this is the reality of the situation for most crypto mining. The exceptions are the ASICS from Bitmain when they first came out. If you could get the early batches then you would see a nice return versus jut buying.
Investing = High risk high reward, mining= low risk medium reward because everything that you buy to mine can be resold if you decide to get out, and you can still ride the price up on anything you hold.On top of that if you get your ROI in lets say 6 months and you run the rig for 2 years you get a year and 6 months of basically free cryptos and then sell the gpus and get between 1/2 - 1/4 of what you paid for them.
sums it up; you could make some decent money by buying a pallet of asic miners early; get on 1st shipment and mine for 1 month and sell. This is taking a HUGE amount of risk; if BTC crashes during that time; you basically just lit that money on fire.
GPU is inherently less risk; but also less profit. If you bought 40 1080TIs when they came out for 32k; they are still worth an easy 25k on used market. Even if entire mining thing died tomorrow; they would still have a resale decent value; as they are not a single coin / single use device.
Robert mining and investing have many differences but in terms of making money they are about the same. When ever mining is better than investing then people mine driving the difficulty up making investing a better option and visa versa.
The problem with ASICS is the makers probably mine with them on your pre-order money and by the time you get them the difficulty has gone up. You can effectively HODL what you mine. Yes obviously had you spent your whole budget on coins rather than rigs it would have matured for longer, effectively twice as long on average. However your rigs will hold their value if you got a good deal to begin with. We have £400 VEGA that are selling for £800. This will go down but probably still good money by the time they have paid for themselves. By that time the coin mined on day one will be worth 10 times.
Heh; or conflict of interest as you want to see complexity not go up and less others in GPU arms race.
If you dont have basic system admin skillsets; then no question; owning a mining rig is not for you. On the other hand; buying crypto right out is a HUGE risk compared to mining; as your betting on the up/downs. If i build a couple rigs; mine a coin that tanks (lets say SIGT); for a couple months. My loss is 1-2 dollars a day of power vs anyone who bought sigt right out and now has nothing to show for it.
Any help would be greatly appreciated. Ok I am a newbie at this been reading/researching but can't find a real solid answer. I have 15k to invest. How should I invest in Graphics cards or actual Antminers. Is one better then the other? Which will last longer? Which one will go out of date first? Does over clocking a Graphics card make them a better choice?
Been watching your videos for quite sometime now.. yes mining sucks specially when the Lan network offline. It's just something that went wrong with service provider. Other sucks time was when the cards driver unstable.. but.. most of the time is smooth and silky sunshine enjoying moment.
Precision Booking he was $20K in debt and he's paid off all the debt with the ZEN explosion going from $7 to $25. I believe he cashed out after that and paid off his debt. Last I heard him say he has around 40,000 sols/s and was making $4K+/month... Probably more than that now but after electrical costs he's making pure profit now since he reached his ROI
Hell yeah man. I'm super happy you got your roi. I wish I could cough up a lump sum to mine at your level but I decided to start some bags of alts and picked up 3 1060's so I can at least be in the game.
I highly recommend using Windows 10 and Awesome Miner. That is what I have up and running right now. It does a fantastic job. Best of all, just buy a SSD flasher and you can clone a new computer in about 10 minutes.
I’ve noticed that lol I used anti static plastic that the risers came in. It’s a good board but I went to biostar board , I’ve also noticed my cards soft crash more on zec then any other coin using some oc.
He spent $20K on credit cards and after mining ZEN for months it paid off when it exploded from $7 to $25..so he sold the ZEN, cashed out and paid off the remaining credit card debt.. Now he's debt free, met his ROI and is now making pure profit after electrical costs
I bought another L3, S9, and already had a D3 on the way just a few days ago. I only had 15-20 zen but i cashed out to buy them. Needless to say, I was hitting myself in the head. Lol. Glad to see soneone made out on it tho!! Good job brotha!! Keep up the good work!! Zencash is going to be at 50-60 dollars here before long. If you analyze the charts, it is showing bullish signs.
Vosk I woke up this morning with the same thing. All my nvoc miners were offline. It must have something to do with an update. I honestly thought about asking you if this happened to you also but I just let it go.
I had to erase my USB sticks and install a fresh copy.
Follow all your videos bro, very well done. Switched to Zencash because of you, and so happy I did. Fired up Zhashpro just this passed Saturday night, and after 3 full days only at 2 Zen so far with 6x 1070's. Been 3 days and each card is at about 470 sol/s. Does this sound right to you? Thank you again!
Thanks man I really appreciate that and glad I could help :D that doesn't seem off with the crazy reduction in mining rewards since the network hashrate has quadrupled . . Still one of the best coins to mine esp. because the is still a lot of potential upside to ZenCash
Um, best video by far, I actually really enjoyed the video and I showed my friend the mini g is not dead part and I was like ya did you hear that, I am think of a lot if thi ngs, and especially when it comes to pc hardware, I am really busy these days,
Which 1080 to refrence cooler did you find to the best? I may just go the 1080 ti route too, what are you amd the other guys going to be mining?
r9 390/290 on ubiq( because they are as profitable as a 1060 but you pay more in power and you also get more coins in the end), or vegas mining monero or sumo, most profitable gpu atm, shoot if I could find ti's for that price I would have my trunk full of them. look into the vegas there not bad
What's consuming all your time?! Honestly I'll take any TI that's available around $700 bucks, its so difficult getting one for $700 anymore when I bought my original TI's for 550-650 majority. The farm is going to ran by them I'm just helping with the build part basically, but it'll offer remote hosting for others. Small farm only ~100 amps probably but will be a fun project none the less - What were you thinking of doing instead of the 1080 TI route?
Anytime I find any of my miners offline for more than 2.5 seconds, I get super fuckin pissed. I'm sure with all the zencash you mined and other coins you've been mining since starting, you are just fine ;] I WANT SHED BUILD NOW! Keep it up brosiden.
darkshad1 I bought mine from a mixture of Amazon, Newegg and B&H Photo. I run EVGA 1080ti FTW3's so those are hovering around $800 currently. I run 30 of those and also bought 18 Asus Strix 1070 OC's to try out.
VoskCoin bios they are saying Q4 2017 so we will see. It wouldn't shock me to see it delayed till 2018. As to the frame, it's the AAAwave 14 GPU frame which is actually built width wise to hold 16 cards. I don't screw my risers in anyway so I'll stack 16 on it when the bios update hits. I use SeaSonic Prime Titanium 1000W. I'm not a fan of the HP server PSU's with no warranty outside of the 30 day return. I just can't bring myself to trust a $40K farm to breakout boards from the same places we get our crappy risers. I just can't do it.
What are you using for your PSU / did you build your own frame? That's awesome though keep me posted and send a link! I've got the h110 pro board which has mixed reviews but was only ~110 bucks iirc? whats the eta on that bios update
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