Saturday, 4 August 2018

Innosilicon New T2 Turbo Bitcoin ASIC Miner



Innosilicon has released its new T2 turbo Bitcoin miner which can be seen above and hashes at around 25Th/s using 1980Watts. For me the power usage is still way to high for me to earn a good profit but the machine is selling at $1350 which is really quite cheap for the spec and compared to Bitmain. It also comes with a PSU which can be seen on top of the miner, delivery of the first batch starts from 15th August to 25th August on a first come first serve basis

Although I do believe Bitmain will release their own newest Antminer for BTC very soon, not sure of what speed/power we will see but I think it will be more than what Innosilicon are offering

For more details check out Innosilicon's official website

Checked what my profit would be with my huge power costs and I would only make $2.72 a day after electricity is paid

Friday, 20 July 2018

NiceHash Opens Closed Beta Registrations For Next Huge Update


NiceHash have started taking sign ups for their next NiceHash software which is promising to be the biggest overhaul ever. Nicehash is know for its ease of use and ease of setup making it to be one of the most popular programs for miners to use.

This is what they had to say

We are proud to announce the third major iteration of our platform since the initial creation of NiceHash in 2014. We have been working hard over the past few months to deliver a better and simpler user experience while keeping the site fresh and up to the latest design standards. We are bringing a ton of new features, a completely new NiceHash Miner and also a few other surprises!
We welcome you to try out our new creation by participating in the closed BETA testing program. Closed BETA will be available for 500 selected users, and our main goal is to catch as many bugs as possible and patch them.
If you are interested in trying out our new products and features, and above all willing to help us polish the user experience, we invite you to submit the following form. 1 BTC bounty is waiting to be distributed between top 100 contributors with a raffle at the end of the closed beta period.
We'll contact you via email with more details and instructions, once the closed BETA will launch!
Thank you.

The form is a Google Docs form which you can find and submit here
https://docs.google.com/forms/d/e/1FAIpQLSfY9uV85Xkt37bQ2mStJKyFr8E9qMtcnO4KQekbzv8IaIyoqQ/viewform?fbzx=7990315330803792000

I was a bit sceptical at first with them using Google Docs so made sure the link was correct and found it on their official Twitter
https://twitter.com/NiceHashMining/status/1019944734473834496 

Monday, 2 July 2018

Could the 11XX Series Nvidia Cards Not Be As Great As We Think?


Sales in GPU's have started to drop and the price has finally started to drop on new units but this comes for two reasons. Profit is way way down, the whole crypto market on a whole is way way down and until we see some recovery our profits will remain low. Secondly people waiting on the new 11 series cards instead of buying another 10 series cards.

Details of the next gen Nvidia cards have been vague to say the least will no real leaks coming and no dates, although people are speculating that it may not be long until we see them. The image above taken from this Reddit post and thanks to microcompass for allowing us to use it gives us some idea of why the 11 series cards may not be as great for mining as we may think.

Quoted from the post

Assumed cost of $0.10/kWh, sales tax of 5% (no tax on used cards), and running cards 24/7 for two years.
My findings/thoughts:
If the 1180 retails at $699, even with the efficiency increase, its actually pretty poor value compared to some of the deals that can be found on used 10XX cards right now. At $699, with a kWh cost of $0.10, I calculate a total cost price of $846.27 over 2 years, or $1.01 per Sol/s (assuming 840 Sol/s).The 1170 at $499 would be much better value, coming in at a 2 year total cost of $618.99, or $0.88 per Sol/s (assuming 703 Sol/s), but still not the game changer some might be expecting.
2x 1070’s at $300 each would produce a total cost of $781.44 over 2 years, or $0.91 per Sol/s (430 Sol/s X2), slightly worse than predicted on the 1170, however you can buy these TODAY, not 2-4 months down the road, more than making up for the slight overall cost bump.

The intial cost of the new cards will be the huge let down for us looking to mine, as microcompass says we would be better picking up 10 series cards at today's prices and they will only get cheaper

Of course there will always be people that will go and buy 10 brand new 1180's not realising that the returns aren't going to be that great


Credit U/Microcompass 

Wednesday, 13 June 2018

Tips For Staying Safe With Crypto


We all love crypto because of the freedom it gives us from banks and regulation but this also brings a real bad issue within crypto, Hacking is worth alot of money to people and crypto is an easy target, some people do not use the easiest of protection which puts their funds at major risk from being hacked. Here are some of our top tips

Two Factor Auth
Always enable two factor authentication, always! One of the easiest and most secure ways to instantly secure your accounts. Back up the sign up codes somewhere safe, ideally offline on paper or a encrypted USB. To be even more secure you could have a two factor auth phone which is used purely for this reason and nothing else

Scam Emails
Never use click through links from emails, always use the links that you have bookmarked and you know yourself. Always check for the https

Cold Wallet Storage
Do not store your crypto online, in an online wallet or on an exchange, just dont do it. The exchange could get hacked or the online wallet website could disappear along with all your funds. Invest in something like a Ledger Nano S and keep your funds safe

Trust No One
This might sound a bit simple but seriously assume everyone in crypto is out there for themselves, everyone wants to make money and they dont care how they do it. When that guy emails you and says send him .01 BTC and he will make you 0.10 BTC a week DON'T DO IT! So many people fall for stuff like this

Never Show Your Wealth
You have been trading or buying and you are building a nice little pot of cryptocurrency, never advertise this fact online. You instantly become a target for hackers who will start building a portfolio to get to your funds

Stick To Big Exchanges
Dont go signing up to smaller exchanges that you are unsure of, stick to the big guys, Binance, Kucoin, Bittrex, BitFinex, Huobi, Okex

Do Your Own Research
Dont go throwing thousands at a coin becuase some guy told you it will make you rich. Do your own research and decide for yourself, a good place to do this for coins is coincheckup

Dont Trust ICO's
ICO's used to be a good way of making money but now they are pretty much 90% scams, when signing up to ICO's be very careful giving them information. Never give them your phone number and set up a seperate email address which is non related to any of your other crypto accounts

Use A VPN
Stay internet safe, use a VPN like PureVPN and if you are downloading software then get a decent anti virus and use virus total before downloading anything

There is probably tons more but its 6am in the morning and I've been meaning to do this post for a while

Sunday, 3 June 2018

BTM Bytom Windows Miner For Nvidia Cards


Its happened within a couple of days the Linux miner has been ported over to windows as I said would happen and you know what it actually works. Hashrate a little lower than HiveOS but about the same as MinerOS, I have translated the readme and it is ready to go,

simply unzip
Right click on bat file and edit
change address to your BTM address and where you which to mine

run bat file and you should be running

*****UPDATE******

Version 2 of the windows miner has now been released

https://github.com/NebuTech/BTMiner_NebuTech/releases

Changelog

* -?, -h, --help Displays help information.
  * -v, --version Displays the version number.
  * -u, --url <url> Pool address.
  * -U, --user <user> User name or wallet address used for mining.
  * -p, --passwd <password> Password used for mining.
  * -d, --devices <devices> Specifies which graphics cards to use for mining. For example: "-d 0,1,2,3" Use the first 4 graphics cards.
  * **-i, --intensity <intensity> Mining intensity, the default 256, different graphics cards to achieve the maximum power of the different intensity, 1080ti is generally around 1024, 1070 intensity 512, can choose to test their own best.**
  * **-C, --use-cpu Use this option to enable CPU acceleration mode. If you have a powerful CPU and a graphics card plugged into a PCI-E x16 slot, try turning this option on to further increase your computing power.**

**Remarks: The -i parameter is different under different modes and graphics cards. Please test it yourself. This value has a greater impact on computing power.**

## Modify record:

#### v2.0(2018-06-04)

* Further reduce CPU usage.
* Increased acceleration mode for high-end CPUs and high PCIE bandwidth.
* Support Linux
* Fix known bugs to improve stability


Thursday, 31 May 2018

Mine BYTOM BTM With Your NVIDIA Card



This is huge, like a huge kick into the giant balls of Bitmain, they have exclusively released the B3 miner to mine Bytom and within the last few days its been cracked in China. This guide will be rough around the edges as currently I am writing it up on a mac and have no idea how to use mac

I have tried my best to translate this all from Chinese into English so it will be vague, there will be no pictures to start with but my GTX 1070 is currently mining at 0.44 hashes which is like $4 a day at the time of writing this.

Sounds to good to be true right, right

Firstly there is two ways we can do this, if you have good knowledge of Linux there is an Ubuntu method or the second method which I have used which is MinerOS which is a chinese mining program.

LINUX Method

I have no guide for this as I have not go the first clue when it comes to Linux but I can give you the files

https://pan.baidu.com/s/18RX2-zSiWVA72ZHIRaQwCQ

That is the link to the miner with the password 33xs. The rest is up to you as I am sure if you have some basic understanding it will be quite easy to figure out. Also people have reported getting it working with HiveOS but I did not succeed with that

MinerOS Method

This isnt easy so go easy with me I will type it up the best I can

Go and get a Bytom wallet
https://bytom.io/wallet/

Sign up to MinerOS so you can access the dashboard
https://www.mineros.cn

Now this is the tricky bit as there will be the way I done it and the way that I think it should be done. I first installed version 1.2.3 which is no good, you require 1.3.4 minimum so you can either install 1.2.3 set it up then upgrade or try to install 1.3.4 but I dont know if that works. I will assume it works and write it up as is

Download the windows upgrade tool and get a USB drive ready
http://cdn.mineros.cn/mos_v1/tools/minerOS_setup_win_1.0.12.exe

From here its a bit of guess work unless you can read Chinese, once you open the app click N for Nvidia and then what I did was use Google translate image on my phone for the rest. You will come to a screen which will say fast install or full install, you will need to click the right side as this is a full install. The left side is the upgrade that I used. You need to find your USB drive and the program will burn the image to the USB drive ready to be used. 

If you just want to upgrade from 1.2.3 you can download it here and then use the upgrade tool to use fast upgrade (I will try my best to add pictures to this later!!)
http://cdn.mineros.cn/rom/minerOS_nvidia.1.2.3.tar.xz


Hopefully you are with me and still on track, it will be easier when pictures get uploaded. Next we want to put the USB into your mining rig or for me my normal home computer and boot to the USB. Once in you should be greeted with a screen showing your IP and asking to login. Dont worry about logging in you just need the IP, log into this IP from your phone or another computer and you will be shown a overview of your mining rig. If no IP is shown you will need to be plugged in ethernet wireless will not work. It should ask you to login on this screen with your MinerOS login, once logged in you need to click local activation at the top of the screen.



Now you have locally activated your miner go to the Mineros.cn dashboard on your phone or your other pc and click onto config service. Add a new config for BTM, all is pretty easy to fill out and add in your BTM address from the wallet to make sure you get paid



Once that is saved click onto mining machine and under operation click the down arrow and click config. Then click your saved BTM config and you should be all set. Click start under the same menu and it should go green and say running. Make sure your OS version says anything over 1.3.4, if it is under this you need to upgrade and wont be able to mine BTM until it is upgraded



Head back over to your miners IP and on the screen it should now show it hashing away, alternatively click view pools on the mining machines menu and it will take you to your pool address


Guys I am sorry its so brief its the best I can write it at the moment with my mac, believe it or not this has taken me most of the afternoon to get working and with no real guides published out there I am hoping that this will assist you guys

If anyone manages to get further and edits the overclocking to get better hashrates get in touch would love to further this and get some better hashrate!


If you feel generous drop me something or mine some BTM my way

BTC
1CRoLbrBkNX9Dp75cXovvc3JaPynWMB8ej

BTM
bm1qh3xv8etskaex04ncf4h29a8mack6drkck6hrhy




Thursday, 10 May 2018

Which Algo Switching GPU Profit Miner?



Recently my L3 has been performing incredibly well on mining rig rentals so I have been looking to the GPU side of my operation a little bit more. Currently I sold all my GPU rigs and I am left with two GTX 1070 to mine with. Alot of people use Nicehash as its very very simply but with Nicehash you aren't always making the most of those GPU's and getting a possibly more BTC

So the alternatives....

Firstly I looked into Awesome miner. I already use Awesome miner to monitor my L3 so it was really easy to set it up. I created a profit miner for my GTX 1070 and selected the algorithms I wanted to mine and entered my BTC address for payout. Then it was a simple case of right clicking the profit miner and start.


Now my only issue with Awesome miner is the payout in Dollars is a little optimistic at least, its always incredibly high and its very unlikely you will see a return on that scale. Secondly I probably wouldn't use Blockmasters as a pool if you only have 1-2 cards as the payout is extremely high. Other than that once you get your head around the many menus within Awesome miner its a great program which can monitor your rigs with ease

Check out Awesome Miner Here

Next I still wasn't 100% with Awesome miner, mainly because it was the free version and I wanted a bit more freedom without paying. So I done some more research and found another program which is 100% free and claims to get more profit than Awesome Miner

NemosMiner is based on MPH miner which I did not really get on with but Nemos is much easier thanks to its friendly config setup. Once you have downloaded and unzipped Nemos miner you will be presented with an interface, ok its not as pretty as Awesome Miner but it does the job.


Once you have gone into config entered your BTC address and selected the pools you wish to mine at its simply a case of hitting the start button. Once started every 120 seconds it will check to make sure you are mining the most profitable algo across multiple pools. I have to say I have found this to be my most profitable program that I have used, it may not be as simple as Awesome miner but it is worth the setting up

You can download Nemos Miner from the official Github

Dont forget if you want to be really really lazy and looking for something which is the most simple then I would probably stick to Nicehash