I started mining Ethermine about 3 days ago with the claymores script setup. both my cards get about 102 mh/s at stock with the 2 cards i have it sounds pretty good but would like to hear other opinions.

Ethereum is pretty good. Go to this link and put your corresponding numbers for Hashing Power, Power consumption and Cost per KW/h.
 
https://www.cryptocompare...=0&CostPerkWh=0.12

Ranmacanada
ETH is honestly one of the worst things you can do for an NVIDIA card.  The only Nvidia card it excels on is a 1070 and that's just because of power targets, nothing more.  AMD cards are much better at ETH.  You should be doing Zcash, Vertcoin, Monacoin, anything but ETH, seriously.

I am not sure about Zcash, but i do get 69 mh/s doing ETH using titan v you still think it would be better to use another currency?

Ranmacanada
So you're getting about $7.72 a day (0.0102 ETH).  You'd probably be getting almost more than double that with Monacoin ($14.83 1.0832), more with Zcash ($11.98 0.223) or even Vertcoin ($11.27 1.4935). (I'm just going by your equivilant cards which is 2 1080Ti in ETH hash rate)  I would strongly suggest you bench it.  Just because everyone does ETH, doesn't mean it's the most profitable.  Your card should be mining what a 1080Ti mines, that is my opinion.
 
If you really want ETH, mine what is most profitable, and then exchange it and buy it.  Makes more sense?

Thanks for the info, I'll have to find a good switching point and test out monacoin or zcash to see what would be the best fit for me.

I cant believe it is getting 102mh each or combined? If its each that number does not make sense to me.
 
Benchmarks are putting the titan v 20%-30% ahead of the 1080ti in speed and power. 102mh per card would be over 100% faster than a ti.   

Nicehash is back up and running, so you can use their software to benchmark your cards.  Ideally you would want to use nicehash legacy, https://github.com/nicehash/NiceHashMinerLegacy/releases but if you don't want to you don't have to.

I think zcash might be just ok with titan V 800 h/s is less than what ETH gives at 69 mh/s when i use a calculator site.
 
https://www.youtube.com/watch?v=cbTWksoMmvk

QuintLeo

ipkha
It's all about the floating point units. Real compute cards have FP units in spades and gaming cards don't. So it will all depend on the algorithm and how much it can take advantage of the extra floating point units. In this case a cuda based one is best.

Mining DOES NOT CARE ABOUT FLOATING POINT.
It is 100% INTEGER manipulation - mostly rotates and adds and "data in and out".
 
The big reason the Titan V does well on mining is "lots more CUDA cores than anything else EXCEPT the Tesla V100 at this time" and massive memory bandwidth.
It looks like the one exception to the "don't mine ETH on big NVidia cards", since it pulls THAT MUCH higher hashrate than anything else (double the 1080 ti) but not all that much higher on ZCash (ballpark 15% more than a 1080ti at the same wattage).
Seems odd it's THAT much faster than a Vega on ETH though, since they use the SAME memory at about the SAME clock and ETH is normally memory limited.
 
 

I did some testing, when I oc the hbm to 1000 mhz from 850 mhz I get 83 mh/s with claymore ETH. Overclocking the core doesn't help too much at all. With zcash mining I only get 870 sol/s on stock and 910 with oc.

kram36
I'd stick with Ethereum. There is no exchanging needed in order to turn it into USD. You can take your Ethereum straight to Coinbase and sell it for USD.

When you can make twice as much mining OTHER algos, sticking with ETH is the dumbest thing you can do.  If you're too lazy to take the 2 seconds to convert your zcash to ETH, like you can do on any exchange, you're seriously throwing your money out the window.  All you do is have you payout go to an exchange address, on an exchange that has ETH-ZCASH market and you can instantly convert your zcash to ETH.  Why would you mine ETH when you can mine an algo that makes you twice as much per day, and it literally takes you no time at all to BUY ETH.  And hey, if ETH has a bad day, you get it on sale, where as if you were mining it, oh look, you still get the same old amount of ETH.  And if ETH has a good day, you're still getting it more than if you were mining it.
 
BTW an approximate million+ GPU farm apparently came online for ETH. https://www.reddit.com/r/EtherMining/comments/7m4l4m/something_big_came_online_last_week/  
 
Mine something else, something that is more profitable and BUY your ETH.  You'll get far more than what you would be mining.  For OP ETH would need to at least double in price to $1400+ before it would make sense for them to mine it instead of mining zcash and converting the zcash to ETH.  Same for anyone else who is using an Nvidia card that is not a 1060.

Ranmacanada

kram36
I'd stick with Ethereum. There is no exchanging needed in order to turn it into USD. You can take your Ethereum straight to Coinbase and sell it for USD.

When you can make twice as much mining OTHER algos, sticking with ETH is the dumbest thing you can do.  If you're too lazy to take the 2 seconds to convert your zcash to ETH, like you can do on any exchange, you're seriously throwing your money out the window.  All you do is have you payout go to an exchange address, on an exchange that has ETH-ZCASH market and you can instantly convert your zcash to ETH.  Why would you mine ETH when you can mine an algo that makes you twice as much per day, and it literally takes you no time at all to BUY ETH.  And hey, if ETH has a bad day, you get it on sale, where as if you were mining it, oh look, you still get the same old amount of ETH.  And if ETH has a good day, you're still getting it more than if you were mining it.
 
BTW an approximate million+ GPU farm apparently came online for ETH. https://www.reddit.com/r/EtherMining/comments/7m4l4m/something_big_came_online_last_week/  
 
Mine something else, something that is more profitable and BUY your ETH.  You'll get far more than what you would be mining.  For OP ETH would need to at least double in price to $1400+ before it would make sense for them to mine it instead of mining zcash and converting the zcash to ETH.  Same for anyone else who is using an Nvidia card that is not a 1060.

Please do name another coin to mine that would pay double the profit of his Ethereum mining. You also have to figure in the cost to exchange your mined coin for another coin, like Bitcoin or Ethereum, that can be turned into USD if the miner wanted to do that. You will have to transfer your Zcash to an exchange like Binance, what will that cost? You will have to then exchange it for Bitcoin, Etereum, Bcash or Litecoin, what will that cost? Then you have to transfer that to an exchange like Coinbase to have it exchange into USD. Just because Ethereum is sitting at roughly $750 range right now, does not mean it will stay there. Ethereum will more than likely go up in value just like Bitcoin does. When you mine another coin besides Ethereum with your gpu, you are also betting against Ethereum that what you are mining will go up in value or not lose value against Ethereum.

kram36

Ranmacanada

kram36
I'd stick with Ethereum. There is no exchanging needed in order to turn it into USD. You can take your Ethereum straight to Coinbase and sell it for USD.

When you can make twice as much mining OTHER algos, sticking with ETH is the dumbest thing you can do.  If you're too lazy to take the 2 seconds to convert your zcash to ETH, like you can do on any exchange, you're seriously throwing your money out the window.  All you do is have you payout go to an exchange address, on an exchange that has ETH-ZCASH market and you can instantly convert your zcash to ETH.  Why would you mine ETH when you can mine an algo that makes you twice as much per day, and it literally takes you no time at all to BUY ETH.  And hey, if ETH has a bad day, you get it on sale, where as if you were mining it, oh look, you still get the same old amount of ETH.  And if ETH has a good day, you're still getting it more than if you were mining it.
 
BTW an approximate million+ GPU farm apparently came online for ETH. https://www.reddit.com/r/EtherMining/comments/7m4l4m/something_big_came_online_last_week/  
 
Mine something else, something that is more profitable and BUY your ETH.  You'll get far more than what you would be mining.  For OP ETH would need to at least double in price to $1400+ before it would make sense for them to mine it instead of mining zcash and converting the zcash to ETH.  Same for anyone else who is using an Nvidia card that is not a 1060.

Please do name another coin to mine that would pay double the profit of his Ethereum mining. You also have to figure in the cost to exchange your mined coin for another coin, like Bitcoin or Ethereum, that can be turned into USD if the miner wanted to do that. You will have to transfer your Zcash to an exchange like Binance, what will that cost? You will have to then exchange it for Bitcoin, Etereum, Bcash or Litecoin, what will that cost? Then you have to transfer that to an exchange like Coinbase to have it exchange into USD. Just because Ethereum is sitting at roughly $750 range right now, does not mean it will stay there. Ethereum will more than likely go up in value just like Bitcoin does. When you mine another coin besides Ethereum with your gpu, you are also betting against Ethereum that what you are mining will go up in value or not lose value against Ethereum.

As I said, you extract to an exchange with a zcash-eth market.  Binance has a ZCASH-ETH market.  The cost to move your zcash from flypool to Binance, is the regular fee of a whopping 0.0002 zec.  The exact amount it would cost you to move it from the pool to your wallet! 
 

On his Titan V, there might not be a coin that earns more than ETH.
That thing is showing some MONSTER ETH numbers while not being all that much higher on ZEC compared to a 1080 ti.
 
For other Nvidia cards higher than the 1060, ZEC (among other options) may not earn DOUBLE what ETH does but it earns quite a bit more - and the last couple weeks ZEN and ZCL have been even higher (but are not suported by as many exchanges).
 
 

Don't forget that every time you exchange a crypto currency for another crypto currency, you are to pay tax on the exchange per the new tax bill law.

Chris21010
you only pay tax on the gain/loss of every trade. you are only taxed on the full amount when it is earned for the first time and counted as income.

Wrong.
 

Chris21010
pointing to the removal of 1031 for crypto does not help your argument, it nearly states you do not know what you are talking about. like-kind was a way around taxable gains/losses when going from one crypto to another. this way the only time you are taxed is when you trade your crypto to a fiat currency, also known as a "taxable event." This event is only taxing the gains/losses and not the full value traded. the only time the full amount is taxed is when the coin received is counted as income, example mining. taxing the full value when earned and again when sold is double taxation, something that is NOT happening.
 
here is a full senario for ya:

1. you minted a block and got rewarded 1 ETH with USD value at the time of $100
   • this $100 income is subject to income tax based on the % of your state and federal laws
2. you then trade that 1 ETH for 0.5 BTC two years later valued at $5,000 USD
   • you are now taxed on the long term gains of $4,900, gains being the sold value minus the initial value (which was already taxed). any gains within 1 year of initial earning is short term and subject to a higher tax bracket.
3. you then take that 0.5 BTC and trade it for $4,500 USD (the value dropped some before it confirmed 3 times)
   • you are again taxed on its gains but this time it's a loss. you now are able to subtract this loss from the previous gain for a total capital gain of $4,400 to be taxed on.

 
People are just frustrated that they now have to file a tax report for their crypto trading for the first time as its now required to do so. this also means they are more regularly taxed and less likely to fraudulently manipulate the numbers to pay near 0 taxes on a ton of capital gains.
 
EDIT: i also fully support this bill which would make a crypto trades with value under $600 a non taxable event.

You're completely wrong. It has nothing to do with gains, losses or amount. You need to get that thought out of your head. It is now taxed as a transaction. When you trade/exchange any crypto currency for another crypto currency, it is a taxable event. It has zero to do with any gain, loss or amount.
 
Also the bill you support, it's not law, it's wishful thinking on your part.