Hello steemit world xd, I'm Alvaro, from Spain (sorry for bad english). Is my first post on steemit and I'd like to document my mining process for the beginnig step by step from my experience. At the moment I'm testing minig with my computer gpu, gtx 660 only to see how it´s work because with that gpu I spend mor money on light than I earn, so I will explain what I have done to make a decision on what to mine. XD
The first things you need to do is learn about the first 100 (moreless) altcoins in www.coinmarketcap.com. You don't need to kow much details I used for know a little bit whats hapennig with blokchain at the moment.
I look at:
- how much market cap they have.
- what price has it had throughout its existence (new altcoins like EOS are interestig for long investment)
- what value do they have for users
After that you need to sing in unless on main markets for cryptocurrecies:
- poloniex
- bittrex
- yobit
There are more but you can sing in when you are goin to need, that is what i do, whe i sell my coins i always look at what market has better pirce, I see on www.whattomine.com.
It's time to talk about mining. We can mining with amd or nvidia gpu or asics depend on what coin do you want to mining. For my shelf I use miners for get rewards so I decided to go for Nvidia gpu card for my mining hardware. The antminner s9 can do at the moment 12$ day on btc, you can also get 14$ day on DEM but it cost arround 2800$ + 400 $ powers supply, I think is to expensive to start in these world so I see that nvidia gpu are so good in all algorithm except for ethas and cryptonight. Gpu 1080 ti 11gb are the best option to get for the rewards, you can earn 5,44$ on LCB right now but two weeks ago yo can earn 8$ with gtx 1080 8 gb. These low earns is cause for the general coin fall. I spect that in a couple of weeks they recovered.
All data earns is estimate by www.whattomine.com. At the moment I buy on ebay two gtx 1080 ti 11gb, I waiting for them to come, arrival is espected on 12 of july. I will post my mining ears with two of them in differents coins when they arrival. I CAN'T WAAIT!!! XD
MY first rig is will goin to have 6 gpu Gtx 1080 ti 11gb, 2 corsair hx850i, Asus prime z270-p, Kingston Hyperx fury DDR4 2133 PC4-17000 2x4gb cl14, intel celereon G3900 2.8 Box. With out gpus it will cost arroun 700$.
What I have at home at the moment.
I mount my rigs on an metal shelf. I have put metal 2 bars transversally for each self to hold the gpus.
If you have any doubts put your coments bellow I will make my better answere theme. Next post I will show how to configure motherboar bios to have a more stability on the rig and install windows 10. I hope was usefull for start on the blockchain wolrd!!never stop lerning!!