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The 2nd I just set to 481 MHz without any testing and it works fine. There is already something more efficient than D3 but it’s also $10k with minimum order qty of 5 and out of stock. Was thinking if possible to run on boat I work on which has power on tap but internet is via sat. Actually it’s quite common for Bitcoin addresses to be posted publicly in users’ signatures to receive random acts of kindness from users who found one of their posts/replies helpful. I had a few of these fan meshes in stock that I use on my GPU rigs to act as a fan guard and to reduce dust intake. Thought I’d try one on the L3+ to help protect it from dust and any larger foreign particles …

How do I sell my Vertcoin to USD?

If you store your Vertcoin in a digital wallet, compare crypto exchanges to convert or sell it on. Choose Sell or Convert and place a sell order. Choose the amount of VTC you'd like to convert or sell. Confirm the sell price and fees and close your sale of Vertcoin.

When my second L3+ arrives I think I might try to use different payout addresses and auto payout to see how it compares. Can’t say i like bitmain pushing bitcoin purchases as buying bitcoin doesn’t seem particularly easy atm and the price of them is sky high too . And that’s probably one reason why the S9 hasn’t been superseded in a relatively long time. I suppose the S7, and earlier models, are more like the L3+ in that respect, in that they came out at a time when the market saturation was much lower, making their profitability periods shorter. Thinking about it that way, I suppose buying more S9s could be the better investment. Ideally we need an S10, or whatever eventually superspeed the S9 — something with a similar efficiency and profitability to the L3+ but that will likely remain profitable for longer.

But they can probably sell IP and open another service based on it. I am not sure it was done for financial gain as BTC blockchain is public and all transactions can be traced so it will be very hard to cash it in without being traced. I would say it’s more likely to be competitor who just wanted to bring NiceHash down or possibly grudged former or current employee. Ripple is another one that has close ties with fiat and also the backing of the banking industry. While such cryptocurrencies might have their uses, they’re completely missing the point.

The worst mining software

So I tried 25% increase at 481MHz and that seems fine without giving excessive errors and ~630MH/s . Temperature has gone up another 3C to 65C but then again it’s warmer outside as well and L3+ is sitting on the loft. I’ve had a new L3 mining via Prohashing for a few days now, though I’m probably going to point it to NiceHash’s servers instead soon. Prohashing is a good alternative, and it has some great feature but, as expected, the earnings aren’t as good as NiceHash’s. It seems to be settling at around $15-$17 per day …

vertcoin mining profitability

Though getting pools set up takes some effort and which miner with what coin is a HUGE area of info. I am following prices on both miningrigrentals and nicehash and price it near the low end end of whats available on miningrigrentals and at least 5 higher than nicehash. The last 2 rentals are 80 and 81 for 243 and 48 hrs which is quite good compared that nicehash average price for last 24 hrs is 62. Most cryptos will have a community — usually a subreddit, Telegram, or Slack channel — dedicated to mining information and support. In a lot of these communities, miners will share the hashrate their hardware achieves.

Possible alternatives to Termux for cryptocurrency mining

He stands behind the idea of building decentralized economies to alleviate global inequality. If you’re interested in learning more, visit our dedicated page on mining pools for Vertcoin. It is basically an open supply ‘peer-to-peer’ blockchain designed to deal with the efficient creation and switch of property from one celebration to a different. Ravencoin is an American-made blockchain that focuses on asset transfers based mostly on Bitcoin and Ethereum. Ravencoin has just lately gained popularity, and the credit goes to the X16R algorithm that it makes use of for proof-of-work mining.

  • 1, trying to use the Vega as primary GPU – they do not like being in PCIe2 for some reason.
  • When my second L3+ arrives I think I might try to use different payout addresses and auto payout to see how it compares.
  • The Phase 1 of Merge is targeted in Q3/Q4 followed by future upgrades that will mainly focus on efficiency and sustainability.
  • Furthermore, consider the pool’s fees in your decision-making process.

I was going to use suprnova because of their 0% fees but I am open to alternatives. You can also try saving 2 copies of miner either renaming it or having in 2 separate folders and running each card from separate file. I do not have spare motherboard to run Vega on it’s own and it would not be very efficient to run single card on the motherboard on. The conf files are very similar to windows dos batch files as they’re pretty much the same miners. S9 profitability has jumped as well, lloks like many try o mine Bitcoin Cash now that price have gone up.

Ethereum, the second most popular cryptocurrency is planning for one of the largest updates that mainly focuses on a less energy-intensive technology. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. They created a new Cudos coin which is just a joke!

Mines both ETH and BTC but you cannot…

The price of cards have also dropped on e-bay as well, looks like many are jumping off bandwagon and selling cards but not me, at least not for now. I guess it’s hobbyists with 1 or 2 cards deciding it’s not worth it and getting rid https://cryptolisting.org/ of them. Mining Bitcoin and other cryptocurrencies is a lucrative endeavor, but the future of mining is in doubt. With the value of Bitcoin and other cryptocurrencies on the rise, more and more people are looking to get into mining.

Ironically it’s the ‘old system’ that imposes those restrictions on the exchanges, not cryptocurrencies. They have to adhere to Anti-Money Laundering and Know Your Customer laws when dealing with fiat currency. Cryptocurrencies threaten to change all that but you do have to jump through the usual hoops to get your money out of the fiat system of course.

I have been looking at the hashrate and earning charts for X11/dash and since 1st of August hashtrate has increased x14 and and payouts decreased 14 times. There is still PSU, shipping and duty costs to consider so all in about £1600, not bad with 4 months payback time. Some more thinking needed and need to do a bit of research on other coins that can be mined with x11. This also depends how many units other miner manufacturers have shipped and how much will be shipped by the end of November. I’d just like to add my story, I think others would like to hear it.

I have old WiFi router connected to extender with Ethernet cable and just using it as a switch without NAT and WiFi as I could not find 8 port switch I have lying around somwhere. rads crypto I need to find some time to experiment with different pools. I’m just using WinMiner for my GPU rigs presently which, as you say, doesn’t give the best earnings.

Tips for optimizing your Bitcoin mining results on Android

I still do feel like I need to buy S9 as well but a little bit less now. I assumed that coming up Bitcoin Gold will use the same SHA256 and increase competition and demand for hashing power but it looks like they are going equihash instead. I was wondering why the APW3++ power supply that came with L3+ had so many extra cables, it turns out that it is designed to run 2x L3+ from one PSU if you do not overclock them. Speaking about overclocking i did try to push my L3+ a bit further. At +30% it was still running but getttinbg a lot more hardware errors .

vertcoin mining profitability

Also the algorithms they run are fairly small networks so if a lot of these miners go online difficulty will increase and payout go down. In July it would have earned 10k/month, now only £105/ month with £85/month running costs. No mention what the other 2 algorithms they will be adding. In fact, cryptocurrencies are set to make traditional methods of sending international payments obsolete, which can have costly fees and take days/weeks. Cryptocurrency payments are borderless, virtually instant and the fees are usually comparatively small.

Mining software

If you’re just mining with your PC , then pool mining is the way to go. This shows your estimated VTC rewards (labelled ‘Est. Rewards’) and your Profit (in $). As long as your profit isn’t negative, it’s financially viable to mine Vertcoin .

Who founded Vertcoin?

Poramin created Vertcoin, which became the world's fourth-most valuable cryptocurrency in February 2014, reaching a US$20-million market cap within a week of its launch.

The internet usage is very little, I have not done any tests but I understand you need less than 5kB/s with less than 2GB/month usage but low latency plays part which could be a problem with satellite. Probably not a problem with high power miner which runs at high difficulty but if you just run a test with like a 1 GPU PC you might get your shares rejected if they are late. Obviuously cannot say for sure as I have not tested.

DOGE Dogecoin Colour Physical Crypto Coin Novelty Crypto Currency Collectable

Have a feeling that things are on the rise and will continue to rise. However lots of people have gotten pretty wealthy from all of those over time and i’m guessing at some point some form of consolidation will take place and holding a few cryptocurencies could really pay off. Cryptocurrencies are digital currencies enabled by verified transactions on a decentralised blockchain, rather than by a centralised authority like a bank. Since the advent of Bitcoin in 2009, that cryptocurrency and several others have become massively profitable investments. Staking refers to the verification of transactions on a cryptocurrency’s blockchain.

vertcoin mining profitability

I had one of them doing Eth at a pathetic 32 somethings so gave up with that before they managed to crash. And while Litecoin is not that big it’s still something like 700k L3+s and L3+ is lower power consumption 800W (or 1000W if you overclock it +25%). There are other coins on both SHA256 and Scrypt so overall network size is harder to judge. The 2 new algoritms they mention could be just another 2 of 11 algorithms from X11 on their own.

After some juggling around I finally got all my cards plugged in and working. Vega is together with 2x RX 480 cards on the motherboard that used to run Ti’s and Ti’s have been moved to my old PC which had 2x RX 480 in it before. You’re right though about simply investing in cryptocurrencies. Personally I do both and I re-invest (or ‘hold’) anything I earn from mining. NiceHash’s speed readings are normally all over the place, even just from one page refresh to the next.

Looking at the one instance when a US president tried to introduce state controlled money in the USA. Because the Federal Reserve and other central banks are in fact not owned by the countries they operate in. I’ve found that some of the china-based Ebay sellers who state that the item is located in the UK are actually telling the truth and the item arrives within a few days from a UK warehouse. You’d have to contact them first to be certain, and they could still lie of course.