bitcoin wiki graphics card
Bitcoin is a digital decentralized currency that is getting hot these days.One bitcoin, as of this writting, worths about 520 US dollars.It has been recently legalized by California.Bitcoin can be earned by helping verifying transaction, aka, mining.Mining is essentially computing hashes, many many of them.This article will walk you through how to start mining bitcoin with a graphics card on a commodity PC.The first step is to setup a wallet to store your money(Bitcoin).There are a bunch of choices, you can choose to setup a local wallet on your computer or choose a online service.I chose to use coinbase because it’s easy to setup.You will get a bitcoin address like 1NpnrNH12JGLhCdHrMLSZhNptnVVPfvafy which identifies a digital wallet.It can be used to send or receive bitcoins.You will work with a group of other miners by joining a pool.A list of available pools can be found here.I chose the Slush’s pool as an example.After setting up your account.Put in your bitcoin address in the My Account page.
In the same page, you will find one worker has been created.Its login and password will be used later by the miner.One worker is needed for each miner you setup.There are a lot of miner options.You choose a miner based on your hardware and operating system.Various kinds of hardware have been used for bitcoin mining, for example: CPU, GPU, ASIC, FPGA, etc. My desktop PC is running Ubuntu 12.04 and has a radeon HD 6670 graphics card.There is a post about setting up CGMiner on XUbuntu.Not all the instructions work for me, so here is what I did for your reference: Download the driver from here.Follow the instructions in the installer.Check your card can be found by: You are expecting this as output: Note: You’d better don’t use newer version of cgminer since versions after 3.7.2 don’t support GPU anymore per this post.Write a shell script to run cgminer: Cgminer looks like this when it’s running.You can find your current hash rate, GPU temperature and many other information.
You should consider purchasing those much more efficient ASICs.deanclkclk Posts: 1 Joined: Wed Sep 23, 2015 7:02 pm What's the cheapest mining hardware with efficient hash rate/power Chris Global Moderator Posts: 161 Joined: Tue Sep 22, 2015 10:57 am Re: What's the cheapest mining hardware with efficient hash rate/power /calculators/bit ... calculator 1732$ per month * 6 months = 10395.72 $The first 6 months of mining you will get the invested money back after 6 month who will now have get your invested back you can tell i mine bitcoins but don't forget the difficulty and the power cost.. [ [Buy bitcoin] tarsua Posts: 3 Joined: Wed Sep 23, 2015 2:13 am Re: What's the cheapest mining hardware with efficient hash rate/power Myagui Global Moderator Posts: 18 Joined: Sun Sep 20, 2015 12:53 am Re: What's the cheapest mining hardware with efficient hash rate/power For efficiency, I understand that Bitmain is one of the popular choices.
There's certainly others, just that I have not had much experience other ASIC vendors myself.I had an S5 for a while, and it was ok, just very noisy for a domestic setting.The title asks about the cheapest also.I think it is a tall order to expect cheap and efficient though.On the other hand, knowing that mining is a race to the bottom, all that matters is reaching ROI.This is true for 1K worth of mining gear, just as it is for 100K worth.You'll need to make a very fine selection of supplier/equipment, and unless your electrical costs are null, there's always a factor of risk, since difficulty might raise to a point where mining is not profitable for you, much like Bitcoin price can drop and cause the same effect.It is a tough call.If you're at all considering venturing in the world of altcoins, GPUs are still quite popular, and Nvidia looks to hold the crown of efficiency.Personally, and as mining is just a hobby for me, I find that GPU mining for altcoins provides the most fun.Good luck & Happy Mining ERt1F2Wvyr Nickel Bitcoiner Posts: 10 Joined: Sat Sep 26, 2015 3:30 pm Re: What's the cheapest mining hardware with efficient hash rate/power GQM Posts: 5 Joined: Sun Sep 27, 2015 6:15 pm Location: Toronto Re: What's the cheapest mining hardware with efficient hash rate/power btc Global Moderator Posts: 166 Joined: Tue Sep 22, 2015 3:00 am Location: satoshi's comet Re: What's the cheapest mining hardware with efficient hash rate/power /bitmain/spondoolies/ and for scrypt (not btc) those terminators are nice!
(scrypt has been more profitable than sha for awhile now)ask for chris with BITCOIN BitVentura Posts: 4 Joined: Fri Nov 06, 2015 8:42 pm Re: What's the cheapest mining hardware with efficient hash rate/power One of the most important considerations is your power cost.If you live somewhere with cheap power you can mine from home but otherwise you should find a company to host your miners.Profitability will vary with Bitcoin price and difficulty so it might not seem so important now but once the halving comes it will be that much more important to make sure your power costs are low.I am putting together a hosting directory here:mining-support/hosting-directory-bitcoin-miners-t2187.html Hosting Directory - Bitcoin Miners Marshall AMA Posts: 22 Joined: Mon Nov 02, 2015 3:23 pm Re: What's the cheapest mining hardware with efficient hash rate/power thefix Posts: 4 Joined: Sun Nov 08, 2015 4:29 am Re: What's the cheapest mining hardware with efficient hash rate/power BitTore Posts: 2 Joined: Sun Nov 08, 2015 1:49 pm Re: What's the cheapest mining hardware with efficient hash rate/power Hi mate, the most efficient miner you can buy today is Bitmaintech's Antminer S7.
Or at least it was.///watch?v=ICS22_VVlSg (They do make some noise, ~70dB.)Don't bother with GPU mining, it's way too late.Personally I would wait until next year before buying mining hardware.Probably after the halving of the block reward.If you order S7's, they will probably not ship before 27.dec.We might see miners based on 16nm tech next year.Bitfury has announced the tape-out of a new chip, but there is a chance that they won't sell to the "public".If you have free or really cheap power, I'd say go for it, if not, buy bitcoins.For every investment I've made in mining hardware, it would have been better to just buy the coins.If you just want something to play with, wait for Bitmain to release a new batch of their AntRouter's.Accesspoints with 5GH/s mining power.Or get a 21.co computer.Good luck.thefix Posts: 4 Joined: Sun Nov 08, 2015 4:29 am Re: What's the cheapest mining hardware with efficient hash rate/power Hi mate, the most efficient miner you can buy today is Bitmaintech's Antminer S7.
Or get a 21.co computer.Good luck.I agree that GPU mining for bitcoin is out for sure, but GPU mining alts or renting your hash for a popular algo like quark or skein can be a very easy and profitable way to earn bitcoin.The main thing is to have options as markets change BitTore Posts: 2 Joined: Sun Nov 08, 2015 1:49 pm Re: What's the cheapest mining hardware with efficient hash rate/power Hi mate, the most efficient miner you can buy today is Bitmaintech's Antminer S7.The main thing is to have options as markets changeI must admit I know nothing about quark or skein.I've had my GPU's on the shelves for years now.(280x).Could you give an example of an alt-coin that is profitable to mine with a GPU?I guess AMD GPU's are still the way to go?thefix Posts: 4 Joined: Sun Nov 08, 2015 4:29 am Re: What's the cheapest mining hardware with efficient hash rate/power I must admit I know nothing about quark or skein./cryptocurrency for a list of conversions to Bitcoin and profitability guideWhen Nvidia released its 28 nm Maxwell it pretty much destroyed AMDs dominance in the crypto mining realmAMD is better for a couple algos, but for the most part new Nvidia cards dominate with very low power usage and high hash ratesHope that helps nuker Posts: 2 Joined: Fri Oct 09, 2015 6:53 pm Re: What's the cheapest mining hardware with efficient hash rate/power Last edited by nuker on Sat Nov 14, 2015 10:49 pm, edited 8 times in total.
CryptAxe Nickel Bitcoiner Posts: 193 Joined: Sat Nov 14, 2015 7:02 am Re: What's the cheapest mining hardware with efficient hash rate/power nuker Posts: 2 Joined: Fri Oct 09, 2015 6:53 pm Re: What's the cheapest mining hardware with efficient hash rate/power actually in my case that's not it and the S5 is still good depending on power even with the S7 it depends on power cost .and as for difficulty why did it go up because of bitmain it didn't have to .sigh not like it's heading now .bitconis will go up either way .but were getting off topic now .In any case it all depends on your Electricity cost no mater what miner you have .for the OP S3, S5, are your best bet for maybe two to four more months depending on the cost of your Electricity then look into buying a S7 or whatever is out there, The A6 by Avalon cost to much, the antminer is cheaper.the A6 from whats been posted it going to cost a big 1600 USD @ 3.6 th they claim it's better then the S7 but the stats they posted so far show it a lot worse then the S7 in power usages and it cost more .and next year there maybe three company's selling to the public, and why I'm holding off buying to much of anything but deals till next year .