Cryptocurrency Mining 2019 | Profitability | August Mining Update

Cryptocurrency Mining 2019 | Profitability | August Mining Update

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Here we’re once more with my small Bitcoin mining 2019 farm replace for the month of August. Crypto Mining in 2019 has been regular which is nice information for us miners. My small little mining farm has been bitcoin mining by way of revenue switching software program extra so than traditional. Yes, I nonetheless do specualtive coin mining, however I’m beginning to stack my bitcoin up. My amd and nvidia mining rig have been huming proper alongside and cranking out the income.

In this video we see simply how mining profitability is calculated from my perspective, my electrical price to run my small little mining farm and naturally, the underside line. August outcomes weren’t fairly what I anticipated however I used to be nonetheless worthwhile.

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Fastest ROI Rig Parts List:

Intel BX80662G4400 Pentium Processor G4400 3.Three GHz FCLGA1151:
GIGABYTE GA-Z270P-D3 LGA1151 Motherboard:
Ballistix Sport LT 4GB Single DDR4 RAM:
MintCell 6-Pack PCIe 6-Pin 16x to 1x Powered Riser:
EVGA SuperNOVA 850 P2, 80+ PLATINUM 850W , Fully Modular Power Supply:
6GPU Mining rig Aluminum Stackable Mining RIG Case:
SanDisk SSD PLUS 240GB Solid State Drive – SDSSDA-240G-G26:
Warmstor 2 Pack 2 Pin SW PC Desktop Power Cable on/off Push Button Switch:
MSI Gaming GeForce GTX 1660 Ti 192-bit HDMI/DP 6GB GDRR6 Ventus:

***** *****

***This is simply what I’m doing and isn’t to be misconstrued as mining recommendation. Only obtain applications that you’re comfy downloading based mostly by yourself analysis.***

****This is just not funding recommendation, simply my very own journey and is not at all what so ever to be taken or mistaken as funding recommendation. Consult knowledgeable investor, which I’m not, for funding recommendation.****

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  1. I kept a record for July, all Nicehash, used 388 KW, cost US $ 31.37, giving me US $ 84.56 gross, net US $ 53.19, using 2 x GTX 1080ti, CPU I7 – 8700. Presently running Grinn, sadly only around US $ 1.50 a day gross. Tried various other coins as listed on Whattomine, Beam, ZEL, etc., not much better. Thanks for the video.

  2. Has anyone else noticed that a lot of these 'scam' sites like Innovamine and Hashflare have .IO domains? Coincidence, or am I just reading more into things than are really there?

    As for profitability, I'm in the hole about $1.00 a day, but I'm building coins for masternodes, so.. just don't let my wife know! LOL

  3. Been a bit of a "Meh" month for me too after electricity cost but still on the right side…just. However the way I look at it is from a hodlers longer term perspective. I don't hold any Alts as always convert to BTC as soon as earned. I then keep a running total of all coins mined plus a running total of all electricity charged. Don't need to sell any coins to pay the monthly bill so while months such as August are mediocre, as and when the value of BTC rises with time the net balance in theory could end up as a very positive number. Time will tell.

  4. Driving Uber to cover electric (approx.$1,200/mo) for the mining room. Only making about $850/mo avg. on NiceHash right now. Thinking about maybe shutting it down for now and just buy Bitcoin with the Uber money.

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