Author Topic: What is best way to mine crypto currency?  (Read 1623 times)

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Re: What is best way to mine crypto currency?

« Reply #10 on: 29 July, 2021, 09:30:42 PM »
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ATH019

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Novel approach and would be fairly economical on power and take up very little space, but if going for a Raspberry Pi there might be a small learning curve for it's Debian-based OS if you've not used one before and the asic miners could only be used for one crypto.  I think you can get usb asic mods for around 110GBP that have a rating of 333mh/s, so three of those would give you nearly 1gh/s.



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Re: What is best way to mine crypto currency?

« Reply #11 on: 30 July, 2021, 09:17:07 AM »
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McGaskil

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So min £330, plus the cost of the Pi, powered usb hub, monitor, mouse, keyboard.  You're looking at about £650-ish outlay plus the on-going power costs for a very few bits of a bitcoin a month if you're going it alone.  You'd be better off joining a mining pool with that setup.

Re: What is best way to mine crypto currency?

« Reply #12 on: 30 July, 2021, 12:05:26 PM »
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blag-it Admin

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A good second-hand 17" display can be had for as little as £80 from the high street and a new Pi 4 for about £75.  Keyboard, mouse and powered hub costs about £60 max, so £545 all in.  That's a lot less than £650, plus you have to start from somewhere.



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Re: What is best way to mine crypto currency?

« Reply #13 on: 09 August, 2021, 10:36:51 AM »
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A.Jenery

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What about multiple usb asic mining modules plugged into a powered usb hub that's connected to a Raspberry Pi or similar sbc?
I like this idea, plus the electric cost should be lower than for a GPU or even a conventional asic miner.  As an after thought, couldn't you use this setup with a standard laptop instead of a sbc system?

Re: What is best way to mine crypto currency?

« Reply #14 on: 10 August, 2021, 02:27:22 AM »
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blag-it Admin

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Yes, seems a good way to go, and many powered USB hubs have about six slots so you could have more than three asic modules and would still be fairly economical on power.




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Re: What is best way to mine crypto currency?

« Reply #15 on: 10 August, 2021, 09:43:38 AM »
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LISTR-93

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What about multiple usb asic mining modules plugged into a powered usb hub that's connected to a Raspberry Pi or similar sbc?
I like this idea, plus the electric cost should be lower than for a GPU or even a conventional asic miner.  As an after thought, couldn't you use this setup with a standard laptop instead of a sbc system?
Never thought of connecting the hub to a laptop, so thanks for suggestion!  At least then it would have Windows so I wouldn't have to learn the Pi OS which I admit I know nothing about.  I know I can get second-hand laptops real cheap although would be less eco on power than a Pi I suppose...

Re: What is best way to mine crypto currency?

« Reply #16 on: 13 August, 2021, 11:07:03 AM »
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LISTR-93

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Yes, seems a good way to go, and many powered USB hubs have about six slots so you could have more than three asic modules and would still be fairly economical on power.




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Thanks! :) I could have say five asic modules in the hub giving 1.665 gh/s (5x333) plus a USB fan in the last one to cool them.

Re: What is best way to mine crypto currency?

« Reply #17 on: 10 May, 2022, 01:13:03 AM »
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ATH019

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Yes, seems a good way to go, and many powered USB hubs have about six slots so you could have more than three asic modules and would still be fairly economical on power.




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Thanks! :) I could have say five asic modules in the hub giving 1.665 gh/s (5x333) plus a USB fan in the last one to cool them.
Seems like a good setup idea and fairly economical at the same time.


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