hey guys welcome back to the hash raptor
youtube channel
thanks so much for watching if you are
new around these parts be sure to hit
that like button and hit that subscribe
button i really do appreciate it
today we're going to be talking about
how to mine cryptocurrency and get paid
in bitcoin
on your home pc let's jump right in guys
here we go
today we are going to be talking about
how to mine
cryptocurrency or bitcoin using your
home pc
now when people say they mine bitcoin on
their home pc that's a bit of a misnomer
that's a little inaccurate
and we'll talk about that today really
what you're doing is you're
mining other cryptocurrencies one of the
most popular
out there is ethereum and that is being
converted to bitcoin with a lot of these
just getting started beginner type
applications that we're going to talk
about here
shortly so the idea that you can mine at
home
and earn bitcoin that is absolutely
correct but you're actually mining other
coins and again we'll get into that here
in just a minute
now before we do a deep dive on all the
things i want to talk about
a few things i do have a lot of
experienced miners that watch this
channel
and this is one where you're probably
just going to want to sit on the
sidelines
and provide some feedback for those
folks that are just getting started
we've had such a nice run-up in
cryptocurrency earnings recently
i am getting the number one question
comment suggestion i'm getting
is to provide some very basic
information on how to get started mining
now some of the most common questions i
get are
i want a mine at home but what is a
wallet and what is a miner
how do i overclock safely and how do i
turn that into usd
or some other local fiat currency now
i will talk you through all of that
today but first just to give you an idea
we're going to be covering
some of the minors that we're going to
recommend like nice hash
kudo miner and overclocking software
like afterburner
and one nice wallet that i do recommend
is koinomi
and coinbase which is sort of a bank for
managing
your cryptocurrency and attaching it to
your bank account
and converting it to usd here at least
in the united states
there's going to be some other options
globally but we're not going to spend a
lot on
time on that it's mostly going to be how
do i start mining and how do i start
earning
cryptocurrency so that being said
there's a few
websites i want you to bookmark that
you're going to visit
often and then you're going to come up
with your own preferences on where you
like to go
maybe as alternatives to some of these
suggestions that i'm going to give you
so the first one is going to be coin
market cap and this is where
it just lists out all of the top crypto
currencies you actually can keep going
down the list there's quite a few as
you'll learn
out there but this is a good place to
stop in and check what's going on you
can search for cryptocurrencies
and this is one that's often referenced
in the mining community
the second is what to mine so it's
what to mine.com and by the way i will
leave
all of these links in the show notes you
can so you can go one by one
click on these and bookmark them and
you'll be
set and ready to go now what do mine is
important because
people ask me what do i need to get
started and the first question i have is
what kind of machine are you running on
do you have a desktop gaming rig maybe
you're a student that's at a university
and you have free electricity or maybe
you're at home
and this is a productivity machine
all of that's just fine we'll talk a
little bit about that but those are
probably your best options to get
started
mining is it's let's say if you have a
gaming pc with a gpu inside it
now i will put a little asterisks beside
things like laptops real quick i do not
recommend
mining on laptops at all it just
there's so much heat that's generated
and i think you've got a better chance
of damaging your laptop
than actually mining anything
significant now
if you watch this video and you decide
to take on the risk of managing your own
power settings
just turn them way down and really just
use the laptop to learn
how do i create an account with a pool
how do i start mining what are minors
what wallets should i use that's a great
way to learn just be very very careful
watch the heat watch your overclocks and
keep everything turned down
really really low if you're going to use
a laptop which again
i do not recommend so that leads us back
over here to what to mine
now folks are always asking how much do
you earn a day
well what you can do is up here at the
top of what to mine
are a lot of the most common gpus that
are out on the market from amd
and nvidia and if you click on one of
these by default it's got
an amd rx 480 selected and it's got
three of them
selected this is the number of gpus and
this is the gpu that you're saying that
you have so let's turn that off
for now and let's say that we have
for this demonstration one 1070. so a
little bit older gpu
but if you've got any of the newer ones
let's say the 1660s
or the 2000 series or maybe you've got
an amd 5700
you just check that box and you're set
and ready to go
so for this demonstration let's say we
have one 1070.
so i put one in there i have to check
this box
and then the next thing i want to do is
you'll see here this is my cost
now you can leave this at 0.1 so 10
cents
usd per kilowatt hour so if you know
your kilowatt hour cost
go ahead and drop that in here so for me
i'm actually at 11 cents
and if you don't just leave it at 10
that's probably a good average for those
of you getting started
now everything here in between these are
what are called
algorithms and they're most commonly
associated with the coin
type that you're going to mine now a lot
of folks they know ethereum we talked
about that
back here ethereum and it has an
algorithm that goes along with it
which is eth often called dagger
hashimoto so
f hash or dagger hashimoto now this is
the
algorithm that your computer is trying
to solve when it's mining
it's handling transactions and it's
solving a mathematical
algorithm that you are then in turn
paid out in that cryptocurrency
and under each of these algorithms which
again is associated with a different
coin type
down here we see kapow which is
associated with ravencoin
but let's talk about eth for
simplicity's sake
this is saying that with one 1070 i
should be able
to get about 30 mega hash per second at
130 watts and that's fairly
accurate now one thing to know is
depending on your gpu
every gpu is different the silicon
inside them is different
even if you buy the exact same model as
your buddy your friend
you it's entirely possible you're going
to get very different results by
several percentage points so you may
have a 1070 that really can only get 28
mega hash and your friend or your buddy
may be able to get 31.
so it's really about testing and finding
out what your pc can do
what your gpu can do and how far you're
going to push it
now this is probably a good point to say
that
you can mine with your cpu and you can
mine with your gpu
now i recommend just getting started
start with your gpu
for mining let's not mess around with
the cpu and there's a couple reasons for
that it is pretty
simple as you'll see here in a few
minutes to get started mining with your
cpu
but being that that's the core of your
system you probably paid
a fair amount for that processor and the
returns
aren't that fantastic anyway i don't
think it's worth it
so we're going to start out just
learning mining with your gpu
so on 11070 we've put in one we've
selected that
this is the estimated performance on all
these different coin types or algorithms
okay and we're going to hit calculate
and when i do that it is going to give
me the
top results for how much i would make
per day
paid out in cryptocurrency so for
example on this one card i would be paid
out
at about a dollar six cents a day for
me where i live now if you had free
electric you'd be getting paid out a
dollar forty and that is for one
gpu for one gpu okay now keep in mind
this is
just an estimate and this is if
you choose to cash out your
cryptocurrency daily
this is the one reason why when people
say how much are you making i
i s i hesitate i can't really answer
that
because i do not sell daily i hold on to
my coins so i never convert
to i don't want to say never i don't
convert daily to this usd equivalent
okay i keep my bitcoin
or whatever other cryptocurrency it is
that i'm mining
you can see here the estimated rewards
for ethereum
would be over a 24-hour period
0.0034 but that'll just give you an idea
and as you get more advanced
coming in here and using what to mine
it'll help you understand a good way
to jump around to different projects
what projects are trending right now but
do not use this as the end-all be-all
you'll come up with your own strategies
to
roi or pay off your mining rig or your
gpu whatever your goals are going to be
so this should be a jumping off point
not an end-all be-all
finishing point now to get started what
you need is
a minor this is a piece of software
that's going to run on your pc
and you need a pool to mine to
now we're not going to do a deep dive on
miners and pools here what we are going
to do is simplify that in a way
that is great for people that are just
getting started okay
and we're going to use two pieces of
software that combined a couple of
things that combines the
miner on your pc it manages the
miner on your pc it manages the pool
which is where you're mining to
and it also gives you a wallet that
holds your funds as you're mining
and the first one that we're going to
use for demonstration today actually the
primary one that i'm going to recommend
is nicehash
and i will walk you through that now
another popular one for beginners
is kudo miner and
this is a great really simple
application to get
up and get running however the reason
we're not going to walk through this
today one is i've used
hash for quite a while i'm very
comfortable with it that being said kudo
miner is
super simple now let me say right up
front
i'm going to leave a referral link in
here if you use that referral link
to get started let's say you give
nicehash a try and you have some
technical issues or it's just not your
cup of tea for whatever reason
i actually get better earnings off of
the referrals from kudo miner here
but i'm going to be 100 transparent
because i want to make sure that we take
care of everybody
and treat everybody as good as possible
here in the mining community and just
point out
what the fees are going to be and what
it looks like so right out of the gate
at the bronze level with kudo miner it's
6.5 percent
now if you get mining a lot or if it's
you just like their interface you can
reduce
these fees as you add miners to it and
if you look at nice hash fees you'll see
it's a standard two percent okay so if
you mine to
nice hash it's two percent and
there's a couple other fees that you may
have to pay depending on how you want to
withdraw
but for me personally this is one of the
reasons that i
also like nicehash is that i use
for my banking application where i store
my primary funds i use coinbase which
i'll talk about here in a second
and nice hash has free withdrawals to
coinbase
so you don't get hit with any other
small fees
taken out but this fee structure can all
change
i'll leave the links to this in the show
notes so make sure you review the fees
and you know you can make a decision
from there on your own based on what it
is that you're looking to do
but like i said if you have any issues
with nice hash give kudo miner a try
and i'll have links to all of this in
the show notes so a couple things you
need to do to get started with nicehash
first thing you need to create an
account
so you're just going to come out to
nicehash.com and you're going to go to
get started
and once you do that it's going to take
you to this screen which is going to
allow you to create a new account which
is pretty self-explanatory
now i already have an account created so
i'm not going to walk you through that
but that's pretty
self-explanatory i'm sure that you've
created accounts on multiple websites
a number of times okay now once you have
your account
created you're going to see the nice os
dashboard
and you'll also see this tab here called
mining so before we get lost in any of
this other stuff over here since i have
some miners running
i want you to click on mining and you're
going to
download the miner or add an asic and
we're just going to download the nice
hash
miner now what this is going to do is
it's going to install a piece of
software that has all of the miners that
are going to get you up and running
locally on your pc it's for amd and
nvidia graphics cards and it supports
both
intel and amd cpus now what this video
does not cover is any assumption of
liability so
when it asks you to review the terms and
agreements make sure you do all of that
when it warns you about running miners
and what the security risks are there be
sure you read all of that
because that's that's up for you to do
your own research on
later as you get more advanced and you
start building out rigs you may want to
consider
nice hash os but that's definitely a bit
down the road
i do have some videos on that but we're
not going over that today
so you're going to download the nice
hash miner again make sure you do your
own research on all of the terms and
agreements and disclosures that it gives
you
okay now while that's downloading
another thing that you need to go get
is an overclocking utility which is most
common with miners and windows
which is called msi afterburner now you
may have this
already on your machine if you're a
gamer but if not i'll leave the link in
the show notes below and there are
different overclocking packages out
there
again this is the one that's probably
the most common when you see
overclocking videos this is what you're
gonna see people using
you're gonna download afterburner and
again make sure you
read all of the terms and agreements and
make sure that you're good with all of
that
now while both of those are downloading
i just want to point out the coinomi
wallet again
there's lots of different wallets that
you can use to permanently store your
funds
and there's lots of things that you need
to know about that we're just covering
the very very basics in this video so
i'm not going to do a deep dive on
private keys or anything like that
but i am asked just generically hey if
you want a wallet what do you
like to use i like using coinomi because
it supports a lot of different coin
types that when you mine those you can
store them in your coinomi wallet and
you can have all of that while you're on
the go
and it's just really really easy to get
access to that there's versions for a
mac
for windows for android there's even one
available for linux personally i use the
iphone ios coinomi app and it's worked
great for me for quite a while
and then lastly we're not going to do a
deep dive on this one either today but i
am often asked how do i get my funds out
so i've earned some bitcoin how do i
turn that into
cash now a couple things to think of
let's say you've earned
whether it's bitcoin or ethereum or
others you
there's actually stores that you can go
to and spend that coin
you don't have to convert that to your
local fiat
but if you're going to convert it to
let's say usd i use coinbase i'll have
the referral link below
and what you can do is actually connect
your coinbase account
to your bank account and i've used this
for several years it's
it's fairly secure just make sure you
read all of the terms and agreements and
make sure you're good with everything
that they have
and when you want to withdraw from hash
you can have it go straight into your
coinbase account
which can then be converted to usd and
if you needed to and vice versa if you
actually wanted to buy some
cryptocurrency
you can do that in coinbase as well
let's talk about what you need to do
next
so we've got the miner downloaded we've
got the overclocking
afterburner software downloaded and
we've got the web interface up now to
connect your pc to this interface so
that you can start earning some bitcoin
you're going to click on this mining tab
and you're going to see
the mining address and if you tap on
that it's going to give you
the bitcoin wallet address that is
associated with your nice hash
account here so just tap on that and
then copy
that bitcoin address and by the way
congratulations you now have
your first bitcoin address and
you say well why why do i need why do i
need the coinomi wallet or why do i need
coinbase couldn't i keep it here
yes you could but it's not generally a
best practice to keep
your bitcoin or your other
cryptocurrency stored long term
in the pool that you're mining to
typically you want to mine it and get it
out of there so that's just
just a suggestion so you're going to
close your browser
and you're going to open up the nice
hash minor software that you've
installed on your pc and this is
assuming again that you've agreed to all
of the terms that are associated with
this particular miner
now once you're first installing this
it's going to actually ask you
what your bitcoin address is it's going
to give you a couple options
you can use the login from the website
or you can just use your bitcoin address
whichever is easier for you typically i
find it easier just to drop in my
bitcoin address
or you can click on this gear icon and
you can drop in your bitcoin address
there
and once you do any benchmarking any
mining that you do from now on
will be mined to that address and you
will see it pop up in the web interface
you'll see all of your earnings okay so
the question comes up every now and then
about windows defender and whether you
should run it
a lot of experienced miners turn windows
defender off altogether
and if you're building a standalone
mining rig running windows that's
certainly an
option but you do it at your own risk
if you are using this on a gaming
machine or a productivity machine
you probably are going to want to leave
that running so what you can do is
set exceptions and you can do that
manually
or if you come and click on this bell
you will see that there is an option
within nicehash now
that says add windows defender exception
and if i click on more info
would you like to add nice minor root
folder to the windows defender exception
now if you don't know what this means if
you're not willing to accept the risks
if you haven't read the terms
and agreements with nicehash don't do
this but i have so i'm going to add the
exception myself
now it asked me for administrative
approval i gave it
and now that access has been granted now
you may still get some
future requests from windows defender
maybe when a miner
updates where it downloads a new miner
and you would see those over here in the
plug-ins
if you install one on your own maybe you
do some of your own research
and you decide to install one of these
additional miners
then you can do that from here and it
may ask you if you want to allow those
exceptions
but that should set you up with windows
defender so that you won't get
any issues when you're benchmarking our
mining now there's a couple additional
settings i want you to hit here real
quick so if you come to this gear icon
and click on that i mentioned that you
could input your
bitcoin address here if you haven't done
it during installation but you also have
some other options
in here as well first and foremost
dark theme is a must it's really just a
preference but i always love the dark
theme
and then the second one is your service
location this one's really important so
by default it may not be set to your
country of origin
so for default for me i believe it was
europe
and you want to change that to usa or
whatever country that you're in
and that way when you're mining the ping
rate or the latency between you and the
pool that you're mining to is as low as
possible
because once you get above 100
milliseconds it does start affecting
your mining performance
and usually if you can select a pool
within the same country or at least
close by
you'll be doing pretty good now the
first thing that nicehash wants to do is
something called benchmarks and that's
where it is trying to make you the most
money
possible to earn you the most
cryptocurrency possible
and there's a whole lot of different
coins or remember what we call them
algorithms that are associated with
those coins
that it can mine to and so what it likes
to do is it wants to run a benchmark to
see how good
your pc performs against each of these
benchmarks so it knows how to earn you
the most money and that's often called
profit switching now what i recommend
doing
before you go any further is if you're
already benchmarking go ahead and stop
that benchmark
and let's take a look at our overclock
settings
so let's open up msi afterburner and
let's talk about a few things in here
now this is one of the most important
things that we're going to do in this
video
and if you don't take anything else away
from this video
the one thing that i want you to get
is to please decrease your power limit
on your card
okay so if you're using nvidia if you
were to just grab this and slide it over
to
80 or maybe even 70 percent and then hit
apply
if you get nothing else out of this
overclocking please do that
don't benchmark your rigs at 100 percent
on your power limit or or above that
you may use that when you're gaming you
may go above that when you're gaming
but please understand overclocking for
mining is completely different
than overclocking for gaming which is
why i'm covering it in this video
so that's the first thing right out of
the gate now before we
before we go into the other overclocks
really basic that i want to
teach you about let's talk about the
difference between nvidia and amd
now i am using an nvidia card for this
video
however msi afterburner will work with
amd cards
there is a difference though you're
going to see the actual values
for your core clocks your memory your
voltage instead of
on nvidia here you can see that it's an
offset
so i'm going plus 100 instead of
actually
increasing the absolute value by 100. so
this is
what's called an offset so it's a plus
or minus
again with amd you have the actual
values in there
now i'll tell you also if you've got an
amd card typically that's more advanced
users
that are using those it requires a
little bit more care a little bit more
understanding on your overclock so be
really really careful and just handle
some of the basics when you get started
here
the most important thing is just turning
down the power on your card
so that you're not mining at 100 percent
okay now that we've got our power limit
taken care of since that's most
important let's talk a little bit more
about msi afterburner itself
if i click on this gear icon here it's
going to take me into the settings
and there's a few things that you don't
really need to understand what it means
but let's just go ahead and make the
changes right out of the gate here
and we're going to unlock the voltage
the unlock voltage control
click on that unlock voltage monitoring
and
force constant voltage and then hit the
apply button
now we're going to come back in here and
make another change here in a moment but
for now
that's all i want you to pay attention
to all of this information by default if
i hit this
undo button right here it's going to set
everything back to default and where is
it getting
all of this information from it's
reading it from the bios of my gpu so
whatever your gpu comes with out of the
box
this these settings are just pulling
that from the bios of your gpu
and as you make changes along the way
here you can save it
for different scenarios different
profiles
along the way here so maybe i'm just
going to have my out of the box
settings i'm going to set that to
profile 1 just to show you what that
looks like
and then maybe you'll make some changes
maybe for gaming
maybe you're up here at 110 percent i'm
not suggesting that
but if you were to set this up and get
some aggressive overclocks maybe you're
at 105 percent
and you would save gaming as two and
then you'll make some mining
changes and you could save that as
five maybe and you just remember these
different profiles in here
and how do you want to use them so maybe
when you're doing your school work or
your business work
you've got it set to one you apply that
you're doing your gaming you make a
change there you apply it
you're doing your mining you apply it so
there's
different ways that you can handle these
profiles different things you can set up
in there
so be aware of that and and use that
just for your convenience
okay so we talked about changing this
power limit and taking it down so right
out of the gate let's drop this down
to about 70 percent
it's where i like to run a lot of my
gpus
now another thing that you can do is
let's reset this instead of actually
grabbing these sliders if they start to
frustrate you can actually just
tap in here and change that so if i
change it to 80
notice that it changed the temperature
limit as well
and what the temperature limit does is
it creates
a performance curve that determines
the performance of your pc whether
you're mining or gaming or whatever
it is that you're doing now right out of
the gate
notice that we had a temperature limit
of 83 degrees celsius
so what i recommend is since that's what
the bios has set as default 83 degrees
is
pretty much i mean that's that's a bit
hot but that's okay
let's let's leave it there let's hit
this chain here to disconnect this
from this and what we're doing is so
we're going to say it's okay to hit 83
degrees celsius
but we're not going to change this as we
move our power limit down so we're going
to move this
let's move it for demonstration sake
down to what did we say 70 percent
and i'm going to apply that okay now i'm
going to save this
let's let's save this as five here
so we've got our mining profile here and
we've got our standard profile here and
then maybe some gaming stuff in between
now be aware that you you might say well
hash raptor you know i don't want my
gpu to get up to 83 degrees celsius i
want it to stay you know a max of 70.
that's fine more than likely you're not
going to get up to 83 unless you really
really push your card hard i mean
it is certainly possible or maybe if
you've got an older card there's
something wrong with the fan or you
don't have good cooling
you could but the reason i recommend
leaving it where it is by default is
because
this actually also controls the ramp up
so
as your gpu approaches whatever this
temperature limit is
it starts affecting the performance of
gpu before you get there
and there's an entire curve for that so
i just recommend leaving that
at 83 percent you could actually just
start mining
all right and let's see if we do that
let's go ahead
and hit start mining now we if you had
not benchmarked
it's going to begin the benchmark for
the purposes of what we're doing today
instead of letting it go through all
these different algorithms here
now if it's mining you can't turn these
on or off okay and it's by default gonna
have
a lot of these if not all of them
selected which is different
algorithms along with different miners
let's go ahead and
turn all of these off
and for again just for this
demonstration to make benchmarking easy
on you to make it easy to follow along
let's enable dagger hashimoto on phoenix
minor so that's the algorithm
f hash that's associated with ethereum
and the minor
that nice ash is going to run is phoenix
miner
which currently is one of the better
performing miners out there
for ethereum
and once you get some results it's going
to store those in here but don't worry
about that right now just starting out
you're not going to have any so let's
enable
only this algorithm and if we close this
out you'll see it's now there and you
can see that i've already got it
benchmarked
and what this is going to allow us to do
you can come back in here later and let
it benchmark more of these but it's
going to save you some time as you're
walking through this tutorial here
and it may try to benchmark your cpu
again
this is where you could allow that or
disallow that i recommend turning that
off especially just getting started
you could play around with that later
once you get comfortable with this
interface
but let's just let's just focus on the
gpu for now
now if you have something selected that
you have not benchmarked
just hit that start benchmark button and
it's going to take a few minutes it's
going to walk through and test your gpu
with these settings right here it's
going to test it with these settings
and tell you what kind of results that
you're going to get
and it will populate those in here
and once that's done let's come over
here and we're gonna hit
start mining and what it is doing is it
is
opening up phoenix miner here and it is
actually running this is what it
benchmarked in the background to see how
fast your gpu is
so let's organize our screen a little
bit here so that we can see
everything okay
now notice right here you see this f
speed 22.9
mega hash per second and that's because
i'm using a
1070 and i've also got recording
software running so i'm losing about 10
to 20
so don't don't focus on this being a max
performance demonstration
for my 1070 okay we're just going to see
how the changes that we're making
affect this performance now this is the
local miner okay that's running on our
pc and
as it mines as shares are accepted
it will show up in this mining tab at
nicehash.com
so you're going to come over here to
mining and you're going to see your rig
manager and it's going to pop up
for me it's down here studio 2 is the
rig that i'm mining on
and this is the pool side you'll hear
miners refer to this as what's called
the pool side
so we're looking at the website and you
can see it just changed
and what i was going to say is poolside
don't freak out if
once you locally start mining you don't
if you don't see this for a couple
minutes it's often going to take
30 seconds before the pool registers it
and then pushes it to the web interface
the website that you're looking at here
sometimes it can take several minutes so
don't don't freak out as long as you've
got the bitcoin
address in there that's associated with
this account you're
you're fine now if it doesn't show up
after 10 or 20 minutes
on whatever pool that you're mining to
then you want to do some investigation
to see what's going on
the other thing i want to point out
while we're here is poolside is not
the place to get the best most accurate
information of what's going on with your
rig
it may show you when you look at your
rig what it is that you're mining
and see here it says dagger hashimoto at
23 mega hash per second
this is this is it's okay to get a sense
of what's going on
typically i use this to see am i mining
or am i not mining and what am i mining
but
to do all of the fine tuning and to see
exactly what's going on you're going to
want to look at your pc
and you're going to want to look at the
miner itself the other thing the pool is
good for the web interface here the
website
is when you're on the go maybe you're
vacationing and you left your pc up and
running for a day or two
and you want to just see how is it doing
is it still mining did it have any
errors
then you can hit this website and just
make sure that the miner is up and it's
still going
okay so back to our ethereum mining here
now keep in mind what i said even though
we're mining ethereum
it is going to the nicehash pool and it
is being converted
to bitcoin so it is going to get paid
out to us in bitcoin you can see here a
dollar for
per day now this current profitability
this is going to change quite a bit this
is not
exact this is an estimate of what's
going on so after you mine for 24 hours
you what you really want to focus on is
your history and stats
and that's going to show you exactly how
much you've been paid
out and that's where you want to start
getting the sense of how much bitcoin
you're earning
per day just keep in mind don't freak
out as this gets really high
or gets really low this is going to
change and it's based on the number of
accepted shares
that you've submitted to the pool okay
now as you try to fine tune we're going
to do some
very very basic overclocks here very
basic overclocks
and to do that let's just take a look at
what we've got right out of the gate
here
now notice we've got our fan speeds at
35 we're going to talk about adjusting
that here in just a second
we've got our power limit at 70 percent
and
we have not made any changes to our core
clocks or our memory clocks
and i am at 23 mega hash per second with
my recording software going typically
this would be
about 25 26 mega hash per second on this
1070
without the recording software going
before we do anything with the core
clocks which you do not have to do
any of this in your overclocking if you
want to stop here you want to let this
run for 24 hours that is fine you're
you're good to go you're set you are
mining and by the way congratulations
you are officially up and mining and you
are earning
bitcoin but if you want to go a couple
steps further here in your basic
introduction
let's talk about core clocks and our fan
speeds
now as we adjust these core clocks it's
going to affect
the performance here and you would think
that by increasing the power that would
also
increase the performance now with some
algorithms like raven coins kapow
it definitely does there's a one-to-one
correlation but
for the most part in cryptocurrency
mining it's all about efficiency what is
the right power limit to get the most
bang for your buck so you're not wasting
electricity usually once you get to 80
and above you're really wasting
electricity and you're not getting
that good of return on your hash rate
now where you will get
a decent return is increasing these core
clocks and these memory clocks
and i'm just going to show you some very
basic safe memory clocks
to go over today now as you learn and
you start watching other videos
don't don't get too freaked out as you
maybe start to test the limits of your
gpu you might crash your machine
in almost all cases that's recoverable
you're really just crashing that
instance and then you reboot your pc but
but definitely when you're playing with
over clocks do it at your own risk
but just know that what you're doing is
within the limits of the bios
of the gpu that you've got so i mean
it's it's pretty safe it's pretty safe
so before we do anything else i want to
talk about fan speed
a lot of miners that i know they come in
and they turn this
auto off so what auto is doing is it is
adjusting the fan speed based on the
temperature and notice that my gpu it's
starting to get up there
above it's at 70 degrees now i don't i
don't usually like my gpus getting that
that warm
so a lot of my friends and other miners
i know they'll actually turn this off
and they'll set this just maybe 70 or 80
percent
and apply that and what that will do is
it will start bringing this temperature
down
and when you did that you probably heard
your pc sitting beside you you probably
heard the gpu fan start spinning up
because you just went from 20 to 80
and again a lot of folks i know they
just set it to that they pick a number
that works for them
based on the settings they have and they
just leave it now another thing that you
could do
just to take a look at is you can
actually come back in here to the
settings okay our settings button
and if i come over here to fan and
enable user
defined software automatic fan control
so if you left this on auto out here
whatever temperature this gets at this
is what the fan is going to do this is
the percentage that it's going to ramp
up right here and you can see
at 70 70 degrees celsius is where it
starts to ramp up to
full and you can change this based on
now and i have already changed this on
previous settings but
you could change this based on how
aggressive that you want to be with your
fan control so for example
you could say at 30 degrees let's go
ahead and ramp
up the fan to 45 percent
and at 50 degrees let's go ahead and
ramp it up
to 70 percent and maybe i want to be at
a hundred percent down here at 60
degrees celsius or 65.
so this is a way that you can control
that ramp up and then
once you get something that you like you
may toy around with this a little bit
you can hit the apply button
and hit ok but like i said keep in mind
and that's if you're going to use this
auto button here
all right most folks that i know they
find a fan speed that works for them
and they just turn this off manually set
it
and hit the apply button and they're off
and running now the last thing i want to
talk about is these
basic core clock settings now most
nvidia gpus
like the one that we're doing the
demonstration here with today can take
50 to 100 some of them the let's say the
10 series upwards of 200
megahertz on the core clock now the 1660
series they like to be
under 100 on the core clock and really
mining ethereum you could leave this at
zero or even put it as a negative so
if you're on a 16 series just leave this
at zero if you're on a 10 series or
maybe a 20 series
let's do a really safe overclock here
just to get your feet wet
and change that to 50.
and we're going to apply that now once
we apply this let's keep an eye on this
f
speed here so we're going to go to 50
and on our memory
let's do a very basic 250.
now we've got both those changed let's
apply it
and let's see if we see an increase from
23.2 and see what happens
and you can see already within a few
seconds we jumped up to 23.7
24. there you go so we're already seeing
the results of our overclock here
and this is a very very basic very
conservative overclock
now as you begin testing and finding
these overclocks that you like for your
card
when you're mining wait about 10 minutes
let it mine about 10 minutes before
you move on to other results so maybe
get up go get a drink go do something
else and then come back but let it mine
for about 10 minutes
and it'll settle in and you'll get a
really good idea of what
the changes you made what kind of
results that they gave you
now i'm not going to go any higher in
this video if you want to take that on
yourself you can do that what i
recommend
is just maybe step it up about 50
megahertz
and apply that and go up and you can
take that until your gpu crashes the
screen
you know it turns white and you have to
reboot the gpu and
you know 99 times out of 100 you're
going to reboot and it's going to be all
back to the standard
the standard settings so we've got these
basic settings in here let's save this
let's save this setting as we'll call
this
five this is our our really basic
setting so if we wanted to go back to
everything being standard i just select
one
select that or if i want to come back to
my mining settings
click on this and apply it that is the
basics that's what you need to know
to get up and running and you should be
set with afterburner
be careful of the stability over 24 hour
basis so
you may want to let it mine for 24 hours
and then come back the next day and see
what it did because it may turns out
that after two hours or 10 hours
the rig actually started crashing and
you may need to dial back your
overclocks a little bit
let me go ahead and head this question
off you may see this effective speed
31.72 mega oh my gosh that's great
but why is this speed saying 24 okay
this is the pool side right here
this is what the pool is saying which is
good that's good that the pool is seeing
that
but this is your actual local mining
speed here
your mega hash per second now notice
that phoenix miner is also reporting our
power
right it's at 105 watts now this is just
reading using the driver from the gpu
this isn't always the most accurate
thing to do now if you watch some of my
other videos we talk about measuring
your power what's called at the wall and
once you start getting really advanced
on your
or your overclocks and your mining and
maybe as you add a second gpu and a
third
you're definitely going to want to know
what the power at the wall is doing
you're going to want to get a kilowatt
meter to be able to measure that but out
of the gate
this is a decent way to get started now
on the subject of power
a very basic free utility that you could
get is called tech power up gpu z
and i just want to show you some very
basics you can download this for free
from the web and it'll give you some
information that's telling about your
gpu
and the first thing that most miners ask
about or talk about if you go into a
forum is they're going to say what kind
of memory type do you have
and notice that this 1070 has samsung
which is considered the gold standard
it's considered to give you the best
mining performance
but you may have hynix or micron and
that's just fine
now the second thing you can use this
for is to come over to sensors
and this is going to give you all kinds
of information about your gpu
and what it's doing and notice right
here there's got this setting it's
called
board power draw and it's at 107 watts
now this is pulling that same
information that's being reported in the
minor here see it says 108 watts
so if you want to get some really simple
information on what's going on with your
gpu
check out the board power draw and
that's going to give you an idea
of how much power you're pulling because
that's how much it's costing you in
electricity
and some miners that are really focused
on efficiency they may
ask you what is your mega hash per watt
and all you do is you take this number
right here your mining speed so let's
say 24
and you divide it by 107 which is
roughly going to be
what somewhere around .24 i think
anything above point two
it gets you in the ball game of what
you're looking for for mining
so that equips you with a couple basic
tools you've got msi afterburner to do
your overclocks you've got gpu-z to get
some additional information on your gpu
and now you've got your miner that's up
and running it's running phoenixminer
and you are mining
using nicehash os all right this video
is definitely running
really long but i needed to get this
video out for those that are just
getting started so
if you know someone that's wanting to
get started with a home pc
feel free to send them the link to this
video and this should get them up and
running if there's anything i missed if
there's anything i misspoke on
or if you've got questions or comments
please leave that in the comment section
below
and all of the links to this video will
also be in the description below
we'll leave it there for today raptors
thanks so much for watching guys we'll
see you in the next video
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