This blog covers the general topic of financial markets.


A look at Crypto Currency Mining

first posted: 2024-10-13 02:05:48.108990

CPU Mining on a Modern Desktop

  • get a monero gui wallet and get a XMR wallet address
  • download Monero ocean specific version of xmrig which optimizes between different coins, edit the config.json to set the user to the XMR wallet address and the url to gulf.moneroocean.stream:10128 or whichever port is advised by monero ocean
  • run the XMRig as admin or root (edit xmrig.exe properties to run as admin on windows, or sudo on linux) so as to enable CPU optimisations
  • CPU mining: monero ocean: on an Intel Core i5-14600K 3.50 GHz + 32Gb ram, cpu mining on 20 threads on most productive coin is 10kH/s pay hash, 0.0014XMR/day (USD0.22/day) consuming 227W (5.4kwh/day) Electricity at HKD0.91/kWh (0.12USD/kWh). Electricity cost per day: 0.63 USD/day.
  • GPU mining: Geforce 4080 Ti super (16Gb), if enabled at same time as CPU, it does not launch, if launching as a separate XMRig, it runs but does not improve pay kH/s.

We should be losing 0.41USD/day on electricity, while running hardware at a temp of around 60C. It would appear that XMR is being mined on botnet by hackers who neither pay hardware nor electricity.

Home Asic Mining with Bitaxe

The open source schemas of bitaxe (credit: TinyChipHub)

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