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G-Homa WiFi Smart Meter ETH+XMR Mining Power Efficiency

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  • G-Homa WiFi Smart Meter ETH+XMR Mining Power Efficiency

    Phoronix: G-Homa WiFi Smart Meter ETH+XMR Mining Power Efficiency

    German Phoronix reader Thomas Frech is back with another guest post on the topic of ETH/XMR mining under Linux. This time around he's sharing some power efficiency numbers using a new G-Homa WiFi smart meter. See his past articles in this series here...

    http://www.phoronix.com/scan.php?pag...-Meter-ETH-XMR

  • #2
    I have never bothered with mining for crypto-currencies and honestly I do not see the point unless you are actually contributing something valuable back to the world. My computers run BOINC during their idle periods and I choose to support projects such as rosetta at home and dennis at home. As far as I know there is no crypto-currencies that at the same time support fighting diseases... or is there???!

    I think that "little computer people" like most of us hanging around here should perhaps think about the fact that we probably have a terrible diet, sit way to much, don't sleep enough, are probably overweight and don't get sufficient sun exposure and end up with vitamin D deficiency. The result can easily be diseases triggered by this entertaining lifestyle such as cancers, diabetes, heart failure and perhaps a blood cloth or two in your brain (of legs if you are lucky).

    I therefore think that the computing power that you don't use should better be directed towards medical research that can benefit us all instead of crypto-currencies. Folding/Rosetta/Dennis- at home is projects that probably will be of benefit to someone - perhaps even yourself!

    Computing is fun and it's gonna kill a lot of us anyway, so why not give something back!

    Comment


    • #3
      So, how many decades before you pay off your power generation equipment and server hardware after considering cost of power, space rental, repairs, and paying yourself a subsistence wage to manage it?

      These are the things nobody ever talks about when they talk about the profitability of blockchain work, because if they do, the answer is they never break even, and they don't want to admit that they are making a net loss.

      Comment


      • #4
        Cool experiment. Don't let your money machine make you broke! ;- )

        Comment


        • #5
          Originally posted by linuxgeex View Post
          These are the things nobody ever talks about when they talk about the profitability of blockchain work, because if they do, the answer is they never break even, and they don't want to admit that they are making a net loss.
          x2, the only ones profiting are the massive Chinese mining operations that have a warehouse full of miners and complete IT staff to manage it all. They buy in bulk and always get the earliest batches of new equipment for max returns. Home hobbyists are last in line, and pay the most at retail, so if they break even they're lucky. I suspect much of what gets sold as "new" to hobbyists, is actually used equipment from Chinese mining farms...

          The only way for a hobbyist to profit is by an increase in the market price. By pure luck, I mined a bunch of BTC on some Radeon 7850 cards back in 2013. Sold about half of my coins back in 2013 for ~$100 per coin and thought that was so amazing. Lol. But I still have the other half of my coins

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          • #6
            Originally posted by waxhead View Post
            I have never bothered with mining for crypto-currencies and honestly I do not see the point unless you are actually contributing something valuable back to the world. My computers run BOINC during their idle periods ....
            ...Computing is fun and it's gonna kill a lot of us anyway, so why not give something back!
            Have a look at GridCoin then
            http://www.gridcoin.us/

            Keep on BOINC'ing and earn some coin.
            The only changes/limitations are that your BOINC project accounts have to be a member of Team GridCoin (there are discussions about removing this requirement in the future)
            and you only earn coins when crunching projects that are on the whitelist http://www.gridcoin.us/Guides/whitelist.htm


            Comment


            • #7
              i'm going to tell a secret. in italy, we pay 0,04 kwh if you actually declare that house as your primary residency, while 0,06 if you are just domiciliated. But every calculator online i try never gives me such figures of returns of investment.

              Comment


              • #8
                Originally posted by waxhead View Post
                [...]My computers run BOINC during their idle periods and I choose to support projects such as rosetta at home and dennis at home. As far as I know there is no crypto-currencies that at the same time support fighting diseases... or is there???!
                "Gridcoin features Proof-of-Research (POR) algorithm, in partnership with Berkeley Open Infrastructure for Network Computing,[3] commonly known as BOINC (pronounced /bɔɪŋk/ - rhymes with "oink"). This protocol rewards users of the network once they have completed the computational work unit (WU) in BOINC by linking their Cross-Project ID (CPID) to their Gridcoin cryptocurrency wallet."
                ""Gridcoin consumes most power in calculations that benefit mankind. Only a tiny fraction of the calculations are used to secure the blockchain.[5]"
                https://en.wikipedia.org/wiki/Gridcoin

                so if you run gridcoin it is like running BOINC but you get a reward in gridcoin as a proof of research concept ..

                Originally posted by waxhead View Post
                I therefore think that the computing power that you don't use should better be directed towards medical research that can benefit us all instead of crypto-currencies. Folding/Rosetta/Dennis- at home is projects that probably will be of benefit to someone - perhaps even yourself!
                Computing is fun and it's gonna kill a lot of us anyway, so why not give something back!
                you are free to do Gridcoin your crypto-currencie of choice for medical research and you can BOINC as much as you want.
                Phantom circuit Sequence Reducer Dyslexia

                Comment


                • #9
                  Our combined income of Monero+Ethereum is:

                  0,031XMR*102€*30 = 94,86€
                  0,88379ETH*280€ = 247,46€
                  Total: 341€ per month

                  We produce 63% of our power needs as a plus from our heat and power plant system this means 0,37*341€=126,17€. That 126€ is our profit per month for a 1900X+1920X CPU and 6 AMD VEGA-64 combined systems.
                  Am I missing something or does this make no sense?

                  Shouldn't he be calculating "(mining income per month) - 0.37*(power cost per month)" so 341 - 0.37*361.2= 207.356€ instead?

                  Comment


                  • #10
                    Originally posted by microcode View Post
                    Cool experiment. Don't let your money machine make you broke! ;- )
                    the people who claim it does not bring profit are just misinformed and have no abstract imagination.

                    in the past my mother pushed 800kWh power to the electric network grid for 0.03 € so the electric power bill company gives her 24€...
                    for our 5kW-electrical-output heat and power combination power plant heating system

                    right now we turn the 800kWh into Ethereum and Monero means it goes from 24€ to 208€ only because the power bill company only gives us 0.03€ per kWh we send into the power network and now we make cryptocurrencies out of it.

                    and we do have a solar power plant with 10.2kWp to and right now we get 0,54€ to give it directly to the power grid but this contracts ends in 1-2 years (i have to check the papers on the exact date) and then we have like 7ḧours per day 10.2kWh means 71,4kWh per day and for this if the 0.54€ contract ends we only will get 0.03€ to like our heat and power power plant who also has endet contract.
                    This means our solar power plant will make 557€ per month with mining.

                    so in fact we turn 2942kWh we only get 0.03€ from the power bill company into 0.26€*2942 means 764.92€ by mining.

                    and you say something like this is no profit. we even have more than 1 location than this. we have other houses with power plants to.
                    Phantom circuit Sequence Reducer Dyslexia

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