GTX 1070 vs GTX 1080 mini hashrate

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Due to the overprice graphic card on GTX 1070 8GB, The price of 1070 enough for me to buy a ZOTAC 1080 mini, so I give it a try.

Below are the result of it.

ZOTAC GTX 1080 MINI

Below is the price after convert to USD.
At this point 1 BTC = USD 2530

BTC/DAYUSDDaggerHashimoto0.000898122.2722436Lbry0.001319193.3375507Equihash0.00098842.500652
Although GTX 1080 MINI doesn't perform well in mining in DaggerHashimoto algorithm (ETH), but it is still able to use LBRY to earn profit as usual.

What is Bitcoin, what is next?



It is must more easier for you to understand through the video above, than me writing a long essay about what it is about.

OK, now you have a basic understand about Bitcoin, what it have to do with you?
You can choose to do two things.

1. Be a Bitcoin consumer.
2. Be a Bitcoin producer. (Bitcoin mining)

Bitcoin consumer

You use Bitcoin to buy stuffs, and spend it like normal currency. Good thing about it that it doesn't have transaction fee when you trying to transfer the money to another person.
So it helps you to save money in that sense.

Bitcoin producer (Bitcoin mining)

This is the interesting part that may help you to make some money.
But first, you have to understand what is Bitcoin mining all about.




What is next?

Spending Bitcoin is nothing much to talk about, if you are a person who interested about Bitcoin mining, you are trying to understand what you can do to get come $ out of it.

Then, again, you have few choices.

1. Buy hardware, setup a PC to start mining.
2. Use cloud mining service.

Buy hardware, setup a PC to start mining

Before you start, let please go through the checklist below:

1. Is your electric bill cheap enough to cover the mining cost? Use the link below to verify it.

Please DO NOT use the actual amount here to calculate you ROI (Return On Invesmtent).
When come to hardware mining, you need to consider around the following things:

- Your hardware may not run 24/7. Internet failure, hardware failure and etc...
- Mining difficulty may increase, and the hashing power may drop over time.
- Coin price violatile, it may drop/increase

What I recommend is to use 20 days to calculate it as a month.
So, instead of earning $576.36 per month, it should be $384.
Just to be on a more realistic estimation :)

2. After you get the calculation working, and you can't wait to get some money out of it, you can follow the video below to start building your own bitcoin mining machine.


Use cloud mining service

This suite for people that don't want to pay high amount of money to setup your own machine.
Cloud mining is basically a service provider that helps you to take care of the hardware and you just have to pay them the fee to help you to do it.

Here are two of the providers.
  1. Genesis Mining https://www.genesis-mining.com/
  2. HashFlare https://hashflare.io