Hey everyone!
I know this sounds a bit wild, but I'm really interested in mining Bitcoin using modern GPUs. I'm talking about actually running the SHA256 algorithm. I remember back in the day, like a decade ago, people used cgminer for this, but I can't seem to find any software that works on current GPUs. I think it would be an interesting way to showcase how much ASIC mining has evolved in a video for my YouTube channel.
If anyone has suggestions for mining software that could help me out, I'd really appreciate it! Honestly, any assistance would be super helpful.
EDIT: Just to clarify, I totally get that this won't be profitable. I run a YouTube channel, and a lot of my viewers are curious about solo mining BTC with their GPU rigs now that GPU mining isn't really making money after the merge. I want to demonstrate that, yes, you can technically do it, but it's not the best choice.
Thanks a ton!
/Seb
You can only get ?KH/s in sha256 algo with GPU mining I don't know what current software that supports GPU to mine Sha256 but you can try to read this thread below.
- https://bitcointalk.org/index.php?topic=877081.0
Take note this is not profitable if ever it works be ready for power consumption and possible high monthly bill.
Mining with a USB stick like Compact F is way better than mining with GPU. The advantage are low power consumption and high hash rate compare to GPU mining.
Look at it another obvious way.
To mine with a current miner is about 3500W for 100TH or more.
To do that with GPUs will be at least 100000 GPUs or 30MW.
(assuming a GPU could even reach 1GH/s with 300W - which is unlikely)
Your idea is to use that massive amount of power, 30MW, and whatever effect it has, for a tiny return of currently about 0.0003 BTC a day.
If you say, no I only have 300 GPUs, well then you are only earning 0.0000009 BTC a day and using 90kW
That 300 GPUs will be less GH/s than 1 single CompacF Ferrari that uses about 15W and can do over 300GH/s
Well the reality is that most people who ask such questions want to use a botnet of stolen GPU power.
Alas these such people are too blind to realise that it will generate next to nothing even if they have a botnet of 10 thousand GPUs
i.e. as from above, 10000 fast GPUs would be less than 0.00003 BTC a day - i.e. somewhere around 50c a day
OMG they've struck it rich, possibly $150 mining 3MW of other people's GPU power for a year
This is not something I am looking to actually do because I think it'll be profitable. I know it won't be. As I said in my original post, it's for a video. I have a channel (you can look up Sebs Fintech on Youtube) and a lot of people have been asking me about solo mining BTC on GPUs now that GPU mining isn't profitable anymore since the merge. So my plan is to make a video showing that yes you can technically do it, but it's really not a great use of power and then compare it to the results of doing it with an ASIC or just a USB miner like the Compac F's that I've made videos on previously.
Bitcoin mining on video cards is unprofitable, because one ASIC gives the performance of a thousand video cards.
Use the Nicehash service. The most profitable algorithm will be automatically selected for your video card, and you will receive a reward in bitcoins.
Some time ago i tried solo mining Bitcoin Testnet using bfgminer[1] by following guide created by nullama[2]. But expect hashrate ranging from few MH/s (old/low end GPU) to few GH/s (if you use modern high-end GPU).
[1] https://github.com/luke-jr/bfgminer
[2] https://bitcointalk.org/index.php?topic=5415861.msg61058395#msg61058395
It's an abhorrent waste of power.
No doubt some watching your video will be encouraged to do it.
Why do you think these people with GPUs are asking?
They've been kicked off mining a scamcoin and now want to mine something else.
Unless your aim is you want people to stare at your face, it's a waste of time - just make it one single image saying why it's such an abhorrently bad idea.
Well, getting views is the whole point of youtube.
If the OP can show a couple terminal windows showing rolling counts of work done I'll give them that as viable content.
Sounds about as exciting as watching paint dry but hey - it's Youtube...
He could solo mine btc and etc with 10 gpus
and see how much better it would be to solo mine etc.
essentially gpu mining is dead to everyone over six cent power.
maybe to everyone over five cent power.
I'm getting 2.3Gh/s on a RX 6700XT in bfgminer
I'm with OP on this one.
I think if there was a new software we could see some higher hashrates with modern GPUs
That's pretty low it is still not the best choice because the GPU is still more expensive than buying a single USB miner stick that can mine around 300gh/s.
Why don't you just forget mining with GPU instead buy a compac USB miner?
If you are looking for other software no one yet develop a software or miner that can improve the hash rate of this GPU.
you are a rare person by saying you are not going to do something you think will be profitable. most people it seems think along the lines of wanting to get rich quick easy. from what i've seen the main way people are making money is by charging large amounts online to people who want to earn easy money and end up getting nothing in return and then they move on to the next get rich scheme. recently some people made good money in bitcoin and got out. i wasn't that lucky. i held on too long. it's really hard to know when to sell at the right time.
Hi brother that's just not good cause Graphics Cards offer only kilo Hash powers as compared to the Asic Mining machines that offers in Tera hAsh power. And You won't mine anything if you want to go for the SHA-256.
I think that you should go to for Ethereum mining with GPU with 10 Plus in numbers and in this way toy would be able to generate good amount of money. And also here is a detailed article and you would find interesting.
https://bitcointalk.org/index.php?topic=877081.0
Regardless of what a waste as someone may say it is.... I say go for it!
I was told I was nuts for building a USB miner farm and looked how that turned out.
Whatever happened to 1 CPU 1 vote?
It's dead coz with 1 CPU 1 vote, you get 1 100TH/s miner is literally 3333333 votes
And the network is then a total of 8433333333249 votes
So your 1 vote counts for nothing and is unlikely to ever count for anything ever again.
Meanwhile all those people complaining about the power cost to run the BTC network get a beyond ridiculously good argument pointing out that it would take 8433333333249 CPU cores to do the current network with CPU power and that would be more power than available on the planet.
Is there a reason you don't walk everywhere, every time, all over the world like they did more than 5500 years ago?
How long does it take to circle the globe in a plane? About 45 hours? How about to walk? About 3 years if you walk non-stop?
So that's only a tiny factor of about 584 - not an enormous factor of 3333333.
Starting to see the picture?
If you get in a fist fight. do you strand there lightly touching the other guy 10 on the shoulder with your little finger?
Then when he punches you 10 times hard in the face - you lose.
The probability of a CPU ever finding a block is so small that it would be a waste of electricity since it wouldn't help secure the network.
Chances are pointless at that level.