Is mining with a slower pc profitable in any way and is there any preset miner for any kind of alt? Arild April 21, 4: Home Linux Tutorials Linux Distros. Bitcoin to the Bitcoin Core download page and verify you have made ubuntu secure connection to the server. Gui you have any questions about configuring Tutorial Core, please stop by one of our forums or live chatrooms. By default, bitcoin-core allows up to connections mining different peers, 8 of which are outbound. Configuring your firewall to allow inbound connections.
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Any action taken specifically for the purpose of gaining income outside of employment makes you an independent contractor in the eyes of the IRS. Go on to the next step. The next time you login to your desktop, Bitcoin Core GUI will be automatically started in as an icon in the tray. Zen will use the same algorithm as both Zclassic and Zcash, the Equihash algorithm. Download usage is around 20 gigabytes a month, plus around an additional gigabytes the first time you start your node. But the equipment is noisy, expensive, and hard to get. If you hover over the signal strength icon, it will tell you how many connections you have.
My kilowatt price is ubuntu over 11cents per kilowatt cost here in Las Vegas and they do not have any bitcoin or tutorial that I know about tutorial. And as far as ASRock mining. If you installed Bitcoin Core into the bitcoin location, type the following at the gui prompt to mining whether it works:. What is ubuntu the antminer that makes it better at gui What exact set-up do you have? Do your own diligence to ensure who you get help from is ethical, reputable and qualified to assist you.
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Make sure to connect it also to your computer usually via USB and open up your mining software. You will actually start collections shares which represent your part of the work in finding the next block.
Perhaps it would be more profitable for you to just buy Bitcoins with the money you plan to spend on Bitcoin mining. Many times just buying the coins will yield a higher ROI return on investment than mining. What kind of internet connection speed do you need to be successful? We only have about 15Mb fibre here… And does the speed make a difference to the amount you can earn?
That speed will be more than sufficient! Any modern internet connection should be fine for mining purposes. The best option is to buy it directly from the manufacturer, when they have a new batch available. Right now the S9 is not available:. Please please please give me your email or email me i want your help thank you very much.
So what is the best way to handle US income tax if you are a miner? Any action taken specifically for the purpose of gaining income outside of employment makes you an independent contractor in the eyes of the IRS. You can setup an LLC if you want but it is not necessary if you comply with your states regulations for IC work. Trading on Cryptocurrency is the most secured online trading in the world approved by federal governments..
Hello, I still dont understand why a rig that has say 10 — or gpu is not effective enough to mine bitcoin. What is in the antminer that makes it better at mining? Antminers are specifically designed — and made — for mining bitcoin, they run an algorithm that is very different from those that are run on gpu mining rigs, and they [Antminers] are more profitable at gernerating a return on investment ROI … but their downside is that they are a lot noiser to run and consumer a lot more electric.
Well, the chips in an ASIC Application Specific Integrated Circuit — the application being mining miner are designed only for the purpose of mining a specific algorithm…. A general purpose machine will be less efficient at a task than a machine specifically built for only that purpose. No, phones are too low-powered to be useful for mining. You will just run down the battery without making hardly any money.
I have a Macbook pro I use. I take it to different places. Would I need a new Mac and leave it in one place to mine? I heard you say you have a Mac. What exact set-up do you have? Has mining been successful for you? Last updated on December 18th, at Select miner Released How much electricity does your miner consume?
Avalon 7 November WW 0. AntMiner S7 August W 0. AntMiner S5 December W 0. Avalon 6 August W 0. It has a small chance of mining a block but does not generate monthly revenue. Notify of new replies to this comment. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous. Hi Rob, That speed will be more than sufficient! See here for more details: Is Bitcoin Mining Worth It?
Bitcoin is getting all the press, and Bitcoin mining can be profitable. But the equipment is noisy, expensive, and hard to get. If you want to get started in crypto-currency, and have a little bit of technical knowhow, I recommend you build a GPU mining rig first.
GPU mining rigs are just as profitable as Bitcoin mining, the products are easy to purchase, and the GPU cards have a 2 year warranty in case you burn them out. They are multipurpose, and can be used to mine many different crypto-currencies. These will usually pay for themselves in one year, including the cost of electricity. After that you are making money.
I moved the machines to Windows 10 and ran the Claymore miner. Fabulous performance, no problems. When I need to check on the miner, or reboot it, I want to be able to SSH to it directly, make the change, and be done. So when Claymore came out with a Linux version of the Zcash miner, I was very happy. I built a new 6 GPU mining rig and got things going. It works really well. This same basic setup can be used to mine for Ethereum and Monero also. This box uses 7 amps at VAC — Watts of power.
I used an MSI board in the video, and the Biostar on a different build. And it costs less. Buy twice as many PCI-E risers as you think you will need. Most of the time the GPU card will stop working due to a bad risers after a few hours or a day. This latest batch had some that had electric shorts that prevented the PC from starting! Here is one I like a lot:.
If you use the RX instead of the R9 Fury item 9 above , you will use less electricity. You will not need to buy the second power supply Item7 above. The hash rate will be less, and it will use less power also. I always forget something when I build the machine. The idea is to get a basic computer built, troubleshoot any potential issues, install the operating system and application, then build the rest of the machine.
The motherboard has a VGA connector if you want to connect a monitor directly to it. Just make sure there are no graphics cards plugged in if you use the onboard video. Go to your PC, ssh to the Ubuntu machine, and do the rest of the setup from your PC so you can copy and paste the commands.
So that needs to be changed. Disable the default Firmware inherited names. Check in the screen to make sure the update is finished. Use your own zcash address if you prefer in the zwal setting.
Watch and see if anything breaks. This could be an error code, hardware freeze, or something else. If it goes well, great! Go on to the next step. To exit the screen and keep the miner running when you log out of your session, type a Ctrl-a, followed by just the key d. First power 3 of the cards from the Antec power supply. Then power the other 3 cards with the HP power supply.
Quick way to see if Ubuntu recognizes the board is with. This box is going to pull 15 amps at VAC. Be careful with your breakers. If you have the option to supply your miner with more than VAC, do it. Also published on Medium. Altcoin , Bitcoin , Mining , ZenCash. Thomas Bollaert January 14, 6: Rolf January 14, 7: I see that you are using z97 Gaming 5 in photos, can you let me know what BIOS configuration have you did?
I have the following issue:. Rolf January 23, 8: I made the same change you did of Gen 2 PCI and 96 ms latency. I understand it only has the problem in Linux and Optiminer, not Windows. Perphaps you try turning down the intensity for just the one card in Optiminer? Yes, only on Linux also tried with 6 RX and i get the same issue, i tough is something related to r9 fury.
Rolf January 23, 9: Rolf January 24, 6: Rolf January 23, 3: If you are on VAC, you should be ok. If you are on VAC, the power supply might not be delivering full rated power. A relatively inexpensive way to test that, instead of buying a different power supply, is to run PCI-E power from another computer at the same time, if you have it. If not, you can buy Item 7 above, the surplus HP server power supply and adapter board.
Rolf January 31, 7: Ben Fitts February 1, 5: Love your detailed instructions! I think my partner and I would be happy to supply you PCIe risers for your test builds. We change versions when the build quality goes down and harass our Chinese vendors about it. One US based, one European. Rolf February 1, 7: That sounds like good advice. This last batch threw me for a loop — the big boards were shorting out the ATX power supply! Zen will use the same algorithm as both Zclassic and Zcash, the Equihash algorithm.
If you set yourself up to mine Zclassic or Zcash right now, test your systems, and get them working at a Zclassic or Zcash mining pool then when Zen launches you will be able to immediately point your GPU Miner at Zen mining pool and start mining then to your own Zen address. Brouss March 23, 2: As a noob in linux, it was a hassle for me to install, although the good job you done writing this guide.
Just a few things missing for the total noob, like the command line to use in vim for edit, insert ,save, etc…. After the hard time of install and configuration, and after getting succeed, I was unable to get claymore to work because of a x server permision denied. Rolf March 23, 6: This build is set up for headless Ubuntu mining, so you can have 20 or 50 miners, and access them all with ssh and set up automatic scripting.
If this is not working for you, I recommend you go through each of the steps again and make sure you did not miss anything.
Thanks for your reply Rolf and others. It will getting better and better and already a good soft for the basic monitoring. Rolf April 9, 8: Great to hear mmotsur! I just did a new post with howto on using ethosdistro https: Ben March 23, 9: Rolf April 9, 9: I just did a writeup on this: Got the same issue with simplemining so i assume ist got sth to do with PCIe Slots.
While runnin in Ubuntu it tells me that the intensity is lowered from 6 to 2 because of low GPU Memory. Didnt tried to change the timings but im on my way to it.
ZEC — Total Speed: Rolf April 9, 7: You just adjust the fan setting and forget it. I also overclock all of my cards using the Trixx 3. Again thanks for the article really appreciate someone that uses the same Biostar Motherboard. Rolf April 11, 8: Thanks for the info vegasbitcoin! Good to hear that you are using an evaporative cooler successfully.
Long term effects are unknown yet as I have not been running the cooler that much right now. The only reputable company i know that had them was Newegg, but they are currently out of stock. I really love that board, it is a set it and forget it board. If i can, I will surely stock up on them, and if all else I can always sell them to others on ebay as they are highly sought after. Good luck with your new build and definitely let me know how that works out.
I am very happy that i found out that the rx 4gb cards run just as good or better than the 8gb cards. How many rigs do you plan on building and running, or how many can you run at your house or where are you running them at.
What is your cost per kilowatt where you are at? My kilowatt price is just over 11cents per kilowatt cost here in Las Vegas and they do not have any limits or tiers that I know about yet. I am limited to about 8 rigs unless i run some new 30 amp breakers and set up direct outlets then I can run more, but no one knows for sure how long the gpu mining will last so I think I will just build and run up to the 8 rigs and see how it goes.
My main goal is to get my start up costs back asap and then just mine as many bitcoins as I can and see how high the price will go in the near future. Rolf April 11, I just built 10 more rigs last week — check out this article I published this weekend https: I also just bought four more Biostar TB85 motherboards from Deepinthemines on Ebay, but I would recommend going straight to their online store at http: I have a KVA transformer, so when it is fully built out, I will be using about , kwhr per month….
I have another question as well. It is set up to run 6 gpu cards with risers but I have not heard any reviews on it. Check it out and let me know what you think. Arild April 20, 1: I do have the x97x Fatal1ty. It is very difficult to boot with more than GPUs, so I wont recommend it. Well too late i already bought 5 of them as i cant seem to get any of the motherboards i really want, already had a psu fail on this motherboard, that has never happened before, next after i finally got it to run and installed windows 10 64bit, I needed to install the driver for the killer lan network from the disc as the lan network would not recognize my internet connection, now I am installing the amd drivers for my cards so we shall see what happens next.
I will have to RMA all 5 boards as this was so far the biggest headache i have had. I sure hope someone gets some Biostar tb85 motherboards in soon, thats all i want to use.
And as far as ASRock products….. I wouldnt even build a regular computer with any of their boards after this. Minerparts-Ben April 21, 1: This motherboard was also doing all kinds of strange things like if i reset the pc it might or might not reset, half the time got stuck, another time when i shut it down, it rebooted itself automatically.
HueHue July 21, 7: Asrock z97x killer 3. Rolf April 24, 4: I will try to update the BIOS to the latest version and see if that makes a difference. Arild April 21, 4: Very nice guide Rolf! Thanks for the effort. Is the HP w power supply noisy? I have 18 pci-e risers bought from Aliexpress: They are very cheap to. Rolf April 21, 9: The HP server power supply is a little bit noisy, but not really noisy.
Nicolas May 24, That is supper cheap. How do you get that? Will never get that at home which makes the operation worthless. Minerparts-Ben May 24, 1: Nicolas commercial power is half the price… Plus some people live in areas with hydro power which is cheap already.