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RE: MinerGate.. Worth it?

in #minergate7 years ago (edited)

I'll preface this by saying follow me!!!

Also if you want to read more about mining in the cloud: https://steemit.com/cryptocurrency/@thekenny/mining-cryptocurrency-in-the-cloud

Anyway, here's my two cents from my own mining experience... From a power perspective, I can't tell you if you are making profit; you'll need to tell me more about your rig, the type of graphics card you're using, how much draw is in that graphics card, what your bill is, etc....

From a performance perspective, though, at 44.47 H/s you are getting no where. Can you provide any more context? What are you mining? What is your rig build?

Just to give you an idea, while most people recommend AMD graphics cards for mining, I have some nice NVIDIA's around that I use ocassionally. One is a 1070 and one is a 1080 (both are pretty top-of-the-line) and they are getting 25 MH/s on average. That's not 25 H/s it is 25 MH/s. Not sure how versed you are in computer-speak but that M means that it is 1000x 1 H. So that's basically 25,000 H/s. And that's even considered low.

With that hashrate, I get about... .2 ether every half a month or so. I get the 0.2 because I mine in a pool (nanopool) using Claymore. I also have both graphics cards running at 75 degrees maximum. So it does use a fair bit of energy. Is it worth it? Well... It does cover the electricity bills at around .4 ether per month (it's about $130 per month at the current price of ether).

Hope this helps.

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Thanks, great info. How much you invest on those graphic cards?