Is Ubiq UBQ Mining Profitable
Jul 10, 2017 - When it comes to Ubiq (UBQ), the explanation can be quite simple: it is a coin based off the Ethereum blockchain, but with more enterprise applications in mind. It also means that Ubiq is still profitable to mine even with older hardware, requiring only a 2GB GPU while having a similar value to Ethereum.
Ubiq can be profitable to mine, this calculator is designed to help you work out just how much you can make. Whether you are using a cloud mining service or your own rig from home, just enter your information and hit calculate. Input all the information below, from your hashing power and any pool fees you may incur. If you are using your mining rig, input your power usage, power cost in kw per hour (you can find this on an electricity bill or averages in your area can be found online if you're unsure) and hardware costs. Input your contract fees if you are using a cloud mining service. The calculation results are estimated below, based on the current difficulty level of Ubiq, as well as the exchange rate of UBQ to USD.
You can view daily, weekly, monthly and yearly profits. There is also a breakeven figure.
This is displayed in days, and tells you how long it will take for you to break even, taking into account your initial contract fee for cloud mining or your hardware costs if you've got your own rig.
• The basic concept of a mining rig is to have an open case where you could mount your video cards, motherboard, PSU and a storage device/SSD. See for an example of how one looks like and how you could actually make it yourself for cheap!
• The ideea is to use all video cards on PCI-E risers to align the videocards at the top and to keep a distance from one to another so that each card stays relatively cooled for the time performing. • As power supplying one powerful PSU or two medium sized could be used (but you might need some extra adapters) • Storage is needed for holding the OS so anything could be used (from HDDs, SSDs to usb flash-drives) BUT you want to minimize your power consumption to achieve more profit right? So you should go with the cheapest SSD on sata 3 interface you can find on the market. Most known video cards from AMD used in mining UBQ and their approximate hashrate: • RX 580: 22.5 – 27 mh/s • RX 570: 21 – 26 mh/s • RX 480: 24 – 31 mh/s • RX 470: 23 – 30 mh/s • R9 390: 30 – 31 mh/s • R9 380X: 21 mh/s • R9 380: 19 mh/s • R9 290: 25 – 30 mh/s • R9 280X: 22 – 25 mh/s • R9 270: 15 – 17 mh/s • R7 370: 15 – 20 mh/s As of difficulty increases, older video cards from R7 and R9 series are having lower hashrate then the above specified, so far the best hash rate/power consumption would be the RX 4xx series! This guide is intended for WINDOWS 7/8.1/10 users only! Step 1: Download latest ” “.
Step 2: Extract the files from downloaded zip to Desktop (or a location of your choice) – right click the zipped archive file ->EXTRACT ALL: Step 3: Browse the extracted folder and find a file called “start” (that is actually a batch-file with the exact name “start.bat”. Right click it ->Edit ->if(open file security warning) say RUN ->it will open with NOTEPAD.
Step 4: configuring the miner to use your desired Mining Pool and your own wallet. ( for a choice of your own) Select all the text from opened notepad and copy-paste the text below: setx GPU_FORCE_64BIT_PTR 0 setx GPU_MAX_HEAP_SIZE 100 setx GPU_USE_SYNC_OBJECTS 1 setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_SINGLE_ALLOC_PERCENT 100 EthDcrMiner64.exe -epool ADRESS:PORT -ewal YOUR_WALLET -epsw x Step 5: edit ” ADRESS “, ” PORT ” and ” YOUR_WALLET ” to match your own.
For example, for “ADRESS” i will use “us.ubiqpool.io”, for “PORT” i choose a port from such as “8008” and finally i put my wallet adress in “YOUR_WALLET” from poloniex.com: ” 0x51c4f7a2842625ca868121c371bb9a ” The END RESULTS of example would look like this: setx GPU_FORCE_64BIT_PTR 0 setx GPU_MAX_HEAP_SIZE 100 setx GPU_USE_SYNC_OBJECTS 1 setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_SINGLE_ALLOC_PERCENT 100 EthDcrMiner64.exe -epool us.ubiqpool.io:8008 -ewal 0x51c4f7a2842625ca868121c371bb9a -epsw x That’s IT! Save the opened start.bat file and RUN it! You should be start mining! After a few “share found” messages within miner, you should check your mining progress, go to (or wherever you are mining) and check your account and/or wallet status for LIVE mining details. Example: go to ->and input your wallet adress an click Lookup, after a few seconds you should see your immature balance as well as payouts! I assume you already know how to make a batchfile (start.bat) and how to properly edit it so we are going to add a few tweaks to it and add dual mining! Be sure to check the Readme!!!txt included in the claymore miner zip package!
So in the basic guide we used this command line to start the miner up and running on with UBIQ only mode! EthDcrMiner64.exe -epool us.ubiqpool.io:8008 -ewal 0x51c4f7a2842625ca868121c371bb9a -epsw x Now we are going to add a few extra commands to it to tweak it and even add dual mining support to it! Fist, we need to get familiar with the most common used switches: -ethi ->this switch will set the desired mining intensity on each card from 0 – 8 (8 is highest) it can set to separate cards just by a coma ex: -ethi 3,7 will result the 1st gpu with intensity 3 and the 2nd with intensity 7. (the reason you would want to adjust this is to control temperature when you play with overclocking!) -tt ->this is the TARGET TEMPERATURE and it will automatically adjust fan speeds to meet your desired values. Ex: -tt 80,75 (because i want the bottom GPU to have the same fan speed as the top GPU “IF IT WAS A SIMPLE DESKTOP SYSTEM” but because the position of the TOP GPU is warmer /see Physics 101, it will always require more cooling then the one bellow it, and so on!) -ttli ->Target Temperature Low Intensity: simply put, this switch allows the miner to reduce mining intensity for a specified temperature value. Best Hardware For Ethereum Classic ETC Mining there. EX: -ttli 80,83,85 it takes the values of celcius degrees of three GPUs and if they reach these values, miner will adjust intensity for each card to prevent them from overheating, therefore reaching these values. -tstop ->Asch XAS Mining Software Free. this is an emergency STOP safe switch!
You can set celcius degrees value for each card to prevent them from BURNING! 😀 ex: -tstop 85,88,90 if the 1st gpu reaches 85, the 2nd 88 and 3rd 90*C, the specific video card will stop mining to allow it to cool down, therefore SAVING THE LIFE OF THAT CARD! For my setup test example i’m using a normal desktop with 2 video cards, an RX 470 and an RX 480, both from Sapphire, now i have the RX 470 on 1st PCI_E slot and the RX 480 om the 3rd slot.
Because the RX470 consumes less power then 480, therefore TDP is lower and it reaches high temp harder! Usually the 1st GPU index is the one that you have a monitor connected to it! My Batchfile would look like this: setx GPU_FORCE_64BIT_PTR 0 setx GPU_MAX_HEAP_SIZE 100 setx GPU_USE_SYNC_OBJECTS 1 setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_SINGLE_ALLOC_PERCENT 100 EthDcrMiner64.exe -epool us.ubiqpool.io:8008 -ewal 0x51c4f7a2842625ca868121c371bb9a -epsw x -ethi 8,7 -tt 70,75 -ttli 73,78 -tstop 78,82 Remember, i use a desktop in this test case scenario, so airflow is important but it’s a closed-pc case, and that means high temperatures for low db fan sound! I know the temps are higher then most people would think, but they’re normal working temps. Now let’s get into DUAL MINING mode!