ETH mining 101

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Discussion

anonymous-user

55 months

Saturday 20th March 2021
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stevesingo said:
My son's old gaming rig has been mining for a couple of months now and he has been tweaking the OC.

He has arrived at 37.8MH/s @ 98w. 51degC with the fan at 61% Is this about right for a 2060 Super 8gb?
yes about 2 quid a day i guess.

stevesingo

4,858 posts

223 months

Saturday 20th March 2021
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The Spruce Goose said:
stevesingo said:
My son's old gaming rig has been mining for a couple of months now and he has been tweaking the OC.

He has arrived at 37.8MH/s @ 98w. 51degC with the fan at 61% Is this about right for a 2060 Super 8gb?
yes about 2 quid a day i guess.
Cool. I'll tell him to stop messing with it then.

anonymous-user

55 months

Saturday 20th March 2021
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stevesingo said:
Cool. I'll tell him to stop messing with it then.
if he ain't using it will get easy 400-500 quid on ebay..

stevesingo

4,858 posts

223 months

Saturday 20th March 2021
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I'm working away from from home right now, and for xmas he got a 3080FE. Then we were CPU limited so a 5600x, x570MB Samsung 980 M.2 and 32mb of 3600RAM later...

We agreed it is mine to sell when I get home. He is just milking it in the meantime.

Mattt

16,661 posts

219 months

Saturday 20th March 2021
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Contributing to the electric bill I hope!

Wonder how many kids around the world are burning their parents electric to make a loss on mining.

anonymous-user

55 months

Saturday 20th March 2021
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Mattt said:
Contributing to the electric bill I hope!

Wonder how many kids around the world are burning their parents electric to make a loss on mining.
at the momment most graphics cards will make a profit.

320d is all you need

2,114 posts

44 months

Sunday 21st March 2021
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The Spruce Goose said:
Mattt said:
Contributing to the electric bill I hope!

Wonder how many kids around the world are burning their parents electric to make a loss on mining.
at the momment most graphics cards will make a profit.
Do people over estimate the cost?

With the correct settings you can get to around 130w of power on most cards. 3060/3060ti.
370 I'd guess around 160.

That's like leaving 3 light bulbs on. Maybe adding 5 to 10p power 24hr period for most on a good energy deal. I think i pay around 8p per kw of electric.

loudlashadjuster

5,136 posts

185 months

Sunday 21st March 2021
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320d is all you need said:
Do people over estimate the cost?

With the correct settings you can get to around 130w of power on most cards. 3060/3060ti.
370 I'd guess around 160.

That's like leaving 3 light bulbs on. Maybe adding 5 to 10p power 24hr period for most on a good energy deal. I think i pay around 8p per kw of electric.
3070 is also about 130 W.

And you’ll likely be paying at least double that for your electricity per kWh, and there’s the standing charge on top of that. I factor about 20p per kWh. That still doesn’t hugely change the economics of mining at the moment though.


320d is all you need

2,114 posts

44 months

Sunday 21st March 2021
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loudlashadjuster said:
320d is all you need said:
Do people over estimate the cost?

With the correct settings you can get to around 130w of power on most cards. 3060/3060ti.
370 I'd guess around 160.

That's like leaving 3 light bulbs on. Maybe adding 5 to 10p power 24hr period for most on a good energy deal. I think i pay around 8p per kw of electric.
3070 is also about 130 W.

And you’ll likely be paying at least double that for your electricity per kWh, and there’s the standing charge on top of that. I factor about 20p per kWh. That still doesn’t hugely change the economics of mining at the moment though.
Jesus

How much are you being ripped off?
It can vary depending on your standing charge.

Some standing charges are higher and you have a lower per KW charge. I thought ours was lower, but that was last years tarrif hence my initial calculations, which were a bit mis leading

Now we pay around 16p per KWhr and a 7p standing charge daily.

Before it was a 11 or 12p standing charge and a lower per Kwhr i think around 8p.

Either way let's assume my card which is around 150w (seems stable and not going to ruin stability for 20w) and 60Mh/s over 24hs that's 3.6kwhr which costs me directly around 55p at a very rough calculation meaning I'm still going to make around 3.50 per day at least, if I'm lucky I can earn double that (it seems in onr 3hr 30 period yesterday night i made 1.3 euros instead of 80c...!

Granted I don't account for the standing charge because I'm paying that irrespective of whether I'm mining or not laugh

anonymous-user

55 months

Sunday 21st March 2021
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In just over 3 weeks, I've made 102 pounds. So just under 5 pounds a day, off one 3060 Ti.

17p K/w about 200 watts consumption, including power etc, so 25 quid electricity every month I estimate. Should be on target for 130 a month, less electricity, is 105 month profit. 3.5 a day. Not a lot really but hoping gpu prices stay high will be 'free' money.


Rojibo

1,730 posts

78 months

Monday 22nd March 2021
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The Spruce Goose said:
In just over 3 weeks, I've made 102 pounds. So just under 5 pounds a day, off one 3060 Ti.

17p K/w about 200 watts consumption, including power etc, so 25 quid electricity every month I estimate. Should be on target for 130 a month, less electricity, is 105 month profit. 3.5 a day. Not a lot really but hoping gpu prices stay high will be 'free' money.
Nice one, my 3080 has now paid for itself and my 3070 in the garage continues to chug along... even if the bottom were to fall out of the market, supply is so, so bad for these cards right now that I think GPU prices will stay high for a good couple of years.

I'm still looking for more cards for the garage rig but I'm not paying scalper prices, so just find myself waiting for more FE's to be released.

anonymous-user

55 months

Monday 22nd March 2021
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yes i look every day for them, will definitely get a few more if i can.

anxious_ant

Original Poster:

2,626 posts

80 months

Thursday 25th March 2021
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Is my power consumption normal? According to NH my GPU is pulling about 350W, with about 106 MH/s. I’ve used MSI afterburner to tweak settings as recommended on NH website.

My smart plug is reporting around 434W draw so that would include mobo and other ancillaries. Still surprised that my gaming PC draws this much energy but that’s a topic for another day. smile

Edit: sorry forgot to add my card is a MSI RTX 3090

Edited by anxious_ant on Thursday 25th March 11:42

Mattt

16,661 posts

219 months

Thursday 25th March 2021
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You didn’t say what card

loudlashadjuster

5,136 posts

185 months

Thursday 25th March 2021
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Mattt said:
You didn’t say what card
At that hashrate and power consumption I assume it can only be a 3090. If that's right then the power figures seem a little high, but not beyond belief.

anxious_ant

Original Poster:

2,626 posts

80 months

Thursday 25th March 2021
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loudlashadjuster said:
Mattt said:
You didn’t say what card
At that hashrate and power consumption I assume it can only be a 3090. If that's right then the power figures seem a little high, but not beyond belief.
Yes sorry, added card it’s a MSI RTX3090.

The consumption is about double what other people report.

I also think 350W is actually max of what my card can handle. In other words I don’t think the MSI settings is applied. I’ve set the power limit to 80%.

320d is all you need

2,114 posts

44 months

Thursday 25th March 2021
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With the 3090 you just need to be mindful of your VRAM temperatures.

Many people add a 1 or 2mm thermal pad which reduces the temps from 100+ to low 90s which is much better.




It may also be worth running with the side of the case open , while I know they are designed for 100+ I wouldn't want to mine on one at these temperatures.

anxious_ant

Original Poster:

2,626 posts

80 months

Thursday 25th March 2021
quotequote all
320d is all you need said:
With the 3090 you just need to be mindful of your VRAM temperatures.

Many people add a 1 or 2mm thermal pad which reduces the temps from 100+ to low 90s which is much better.




It may also be worth running with the side of the case open , while I know they are designed for 100+ I wouldn't want to mine on one at these temperatures.
Cheers, I will open the side for more airflow. According to GPUZ the VRAM is around 110C at full pelt.
In regards to power consumption it doesn't seem to restrict the draw, however looking at the efficiency (about 350kH/joule) it looks ok.

Sticking thermal pads would involve opening the GPU up, which if I am not mistaken, invalidates the warranty. Don't really want to risk this on a 3 month old GPU.

320d is all you need

2,114 posts

44 months

Thursday 25th March 2021
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anxious_ant said:
Sticking thermal pads would involve opening the GPU up, which if I am not mistaken, invalidates the warranty. Don't really want to risk this on a 3 month old GPU.
Depends on the card manufacturer, some are OK with it, others not. Best to ask.

I can't remember if accessing the VRAM chips requires re-application of thermal paste or if you can do it from the back plate.

halo34

2,449 posts

200 months

Thursday 25th March 2021
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anxious_ant said:
Cheers, I will open the side for more airflow. According to GPUZ the VRAM is around 110C at full pelt.
In regards to power consumption it doesn't seem to restrict the draw, however looking at the efficiency (about 350kH/joule) it looks ok.

Sticking thermal pads would involve opening the GPU up, which if I am not mistaken, invalidates the warranty. Don't really want to risk this on a 3 month old GPU.
Are you using a lower voltage limit or is that temp with that dialled in?

Some useful discord channels too - I found them very helpful.