Graphic Cards LHR Cards and the current state of mining

PradUp

PradUp

Explorer
So I recently bought 3060ti LHR for 49k and I had planned on selling my 2060, which has been mining since march, to recoup some of the cost but in the last couple of weeks Bitcoin and Ethereum have gone up quite a lot and LHR cards, contrary to popular belief, are quite profitable. My 3060ti LHR is more profitable than 3060 non-LHR and all 2000 series cards except 2080Ti.
1628683103117.jpeg

So I have decided to keep both for the time being.
My question is why are people still charging a fortune for 2000/1000 series cards when there are better options available for both gaming and mining (3060 for 45k and 3060ti for 55k)?
Are they not aware of the profitability of the LHR cards?
PS: This post is to spread information not hate, please keep discussion civil. I urge people who intend to sell their 2000 series cards to reconsider their prices because the longer they wait the lower their cards value will get especially with how quickly the prices of 3000 series cards have dropped and how widely they are available now.
 
PradUp said:
So I recently bought 3060ti LHR for 49k and I had planned on selling my 2060, which has been mining since march, to recoup some of the cost but in the last couple of weeks Bitcoin and Ethereum have gone up quite a lot and LHR cards, contrary to popular belief, are quite profitable. My 3060ti LHR is more profitable than 3060 non-LHR and all 2000 series cards except 2080Ti.
View attachment 111340
So I have decided to keep both for the time being.
My question is why are people still charging a fortune for 2000/1000 series cards when there are better options available for both gaming and mining (3060 for 45k and 3060ti for 55k)?
Are they not aware of the profitability of the LHR cards?
PS: This post is to spread information not hate, please keep discussion civil. I urge people who intend to sell their 2000 series cards to reconsider their prices because the longer they wait the lower their cards value will get especially with how quickly the prices of 3000 series cards have dropped and how widely they are available now.
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68-70C do you want to roast those GPUs while mining bro????
Try keeping them under 60C and reducing your OCs [emoji14]
 
PradUp said:
temps are around 62C with them.
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Still very high. Core Temp should be less than 55-56C. Run OCTune and lock coreclock at 1100MHz and Memclock at 2250MHz.

2060 should give 32-33mhs hashrate. You are consuming more electricity and running on higher temps with lower hashrate. Very inefficient.
princeoo7 said:
what are you mining ?
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He is mining ethash (ethereum) on 2060 and Kawpow (ravencoin) on 3060ti, though he will be paid in btc only.
 
princeoo7 said:
what are you mining ?
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Ethereum on 2060, probably RavenCoin on 3060Ti , nicehash mines whatever is most profitable at any given point.
xkcd0137 said:
Still very high. Core Temp should be less than 55-56C. Run OCTune and lock coreclock at 1100MHz and Memclock at 2250MHz.

2060 should give 32-33mhs hashrate. You are consuming more electricity and running on higher temps with lower hashrate. Very inefficient.
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Those temps are achievable only in an open mining setup, no way to get those temps in a normal pc case with 2 GPUs running so close to each other.
As for the 2060, I have it running at lowest possible voltage ( uses 85W) , it's memory just doesn't overclock that high.
enthusiast29 said:
Those who are unaware, Kawpow uses core as much as VRAM and it needs all the power mostly so you cannot have low temps on that
Daggerhashimoto doesn't use core as much hence you see lower temps on that.
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Yes, I'm running it at 80% tdp so around 160W.
 
PradUp said:
Those temps are achievable only in an open mining setup, no way to get those temps in a normal pc case with 2 GPUs running so close to each other.
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Well since I haven't tried this myself, can't comment on this. Maybe you are right.
PradUp said:
As for the 2060, I have it running at lowest possible voltage ( uses 85W), it's memory just doesn't overclock that high.
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..but as I can see you are running just Nicehash's overclock at 'High' which is not the best OC in the world.

Any experienced miner would advise you to OC yourself via OCTune or Afterburner and not depend on Nicehash. You can check below screenshots for some idea -

mhs-2070s-2060~2.PNG

unknown-3~2.png

unknown-2~3.png


nitin_g3 said:
Looks like mining on Ravencoin is not that sustainable compared to Etherium due to high core temps.
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Yup, both Kawpow (raven) and Octopus (conflux) are core intensive which means power hungry which implies higher temps than ethash, but it's not that bad actually if you know how to OC or undervolt properly Also there is a workaround imo so that GPU doesn't heat up -

1) either lock the coreclock at lower clocks => lower power consumption => lower temps

2) or max out the coreclock offset but minimize the power limit

Kawpow doesn't need memclocks so keep it at 0 offset or even reduce it and see if Watts drop. You will lose out on few hashes but your GPU and electricity bill will remain in check or you can just mine Autolykos2 (Ergo) which is a mem intensive algo like Ethash.
 
xkcd0137 said:
Any experienced miner would advise you to OC yourself and not depend on Nicehash.
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I'm not using QuickMiner as it only support daggerhashimoto which is not very profitable for 3060ti so I'm using normal Nicehash miner so I can mine using different algo on both GPUs. The problem with Normal Nicehash miner is that it doesn't have a OCTune (as far as I know), instead you have to use the power targets in the web interface ( where it says high in the screenshot ). It can be disabled using a toggle in the nicehash app. I have disabled it and using afterburner to undervolt and set power limits. So basically that toggle in the web interface doesn't do anything unless I toggle it in the app.
xkcd0137 said:
or you can just mine Autolykos2 (Ergo) which is a mem intensive algo like Ethash.
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I tried that too but the profits were somehow lower than kawpow.
xkcd0137 said:
Well since I haven't tried this myself, can't comment on this. Maybe you are right.
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Maybe with high end cards like Strix or MSI Suprim but I'm happy with the temps considering I have low end INNO cards.
 
PradUp said:
I'm not using QuickMiner as it only support daggerhashimoto which is not very profitable for 3060ti so I'm using normal Nicehash miner so I can mine using different algo on both GPUs. The problem with Normal Nicehash miner is that it doesn't have a OCTune (as far as I know)
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Okay, that's an issue. Why not run quickminer/trex miner for 2060 and the other miner for 3060ti? Though I can understand if you won't like the hassle of two miners.

Cheers, and sorry for spoiling your thread.
 
PradUp said:
I'm not using QuickMiner as it only support daggerhashimoto which is not very profitable for 3060ti so I'm using normal Nicehash miner so I can mine using different algo on both GPUs. The problem with Normal Nicehash miner is that it doesn't have a OCTune (as far as I know), instead you have to use the power targets in the web interface ( where it says high in the screenshot ). It can be disabled using a toggle in the nicehash app. I have disabled it and using afterburner to undervolt and set power limits. So basically that toggle in the web interface doesn't do anything unless I toggle it in the app.

I tried that too but the profits were somehow lower than kawpow.

Maybe with high end cards like Strix or MSI Suprim but I'm happy with the temps considering I have low end INNO cards.
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waht wallet are you using ?
 
question is to everyone. is it good thing to mine etherium only or go for multiple coin. like ravencoin as alternative to create a portfolio. also how long should one hold on the portfolio.
 
princeoo7 said:
is it good thing to mine etherium only or go for multiple coin.
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Do you have more than 1 gpu? Afaik, you can only mine one coin on a single gpu, except for ethash + zil combo available with some specific pools like ezil, shardpool or rustpool etc.

If you have more than 1 gpu, you should mine the coin which is most profitable to mine on each GPU (check on whattomine.com) and then convert to whichever coin you are interested in. For past few years, Eth has been the most profitable coin to mine for most gpus, which is slowly changing though.

Since due to large market caps and much larger adoption, ethereum and bitcoin are considered to be safe bets, its a general advise to either mine any of the two or mine some altcoin and then exchange that for these two.

princeoo7 said:
like ravencoin as alternative to create a portfolio. also how long should one hold on the portfolio.
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This is totally subjective and will come under financial advise, which I am not qualified enough to provide.

This Shitcoin market is so very volatile that the so called stablecoins (btc and eth) undergo 50% change in value within hours every now and then. Just imagine how volatile altcoins can be. Hence, it is recommended to read the whitepaper and get familiar with a few coins and then decide which one you want to bet your house on. :p
 
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