Triple Miner – The KraKen Build

Triple Miner – The KraKen Build

The KraKen Triple miner is my latest build where I try to get the most out of the mining rig by using a more expensive CPU i7 7700 to mine Electroneum ETN or Monero XMR.
The KraKen Triple miner is my most ambitious mining rig yet which uses 8 GPUs as well as a high end CPU I& 7700 to mine Electroneum. At the time of the build GPUs were really expensive and hard to get. But since the video I have been able to get enough cash together to complete the whole rig. I will do an update to this rig in the coming days.

The big challenge which rigs this size is knowing exactly what size power supply size to buy.
In this video I used the AeroCool 850 and 750 watt power supply which wasn’t enough to power a full 8 set of graphics cards. But it got me started. In hindsight I probably should have gone for the 1600 watt EVGA power supply. However the prices of this power supply are massive so I tired to go cheaper. In the end the AeroCool 850 power supply failed on me so I took it back and got the 1200 watt Thermaltake Power supply.

Triple miner

Once the power supply’s were in it ran pretty well. Currently I have 7 x RX 570 cards and 1 x GTX 1070 card in the rig. And getting around 210 Mh/s of ETH mining and around 300 h/s of ETN mining. In the end I got rid of LBC Library mining as the coin had very low value and the power consumption goes up with the extra mining. I might move back to an Ethereum ETH, Decred DCR mining shortly once to market turns around.

This setup was and is very challenging. For newer miners I suggested starting with one card mining rig and then move to a 6 x GPU mining rig. Actually I think the best solution is 6 x mining rig and these will be the ones that I build in the future.

I hope this helps 🙂

Cryptocurrency Wallets and Exchanges

Cryptocurrency Wallets and Exchanges

In this video I talk about Cryptocurrency Wallets and Exchanges. I use the website www.cryptocompare.com because I find it has allot of really good info on it if you are looking to find out more info on Cryptocurrency Wallets and Exchanges.
Once you find the Wallets menu on the site have a look through at the different types of wallets you can find.

The ones I talk about and use is Exodus.

Cryptocurrency wallets

The good thing about Exodus is that is supports a wide range of Cryptos. Bitcoin Ethereum Litecoin and other.

Exodus Wallet

These wallets allow you to send and receive directly from your Computer. I use this wallet on my Windows computer. Also the wallet has a backup feature which is really cool.
Down side with the Exodus wallet is that it only works on one computer at once.
The tabs across the top of the Cyrptocompare website which allows you to filter the types of wallets. So for example if you wanted a wallet that was highly secure you would click the Secure tab.

Bitfinex exchange is the next thing I talk about. Once you have mined Cryptocurrency the next thing you can do with it is trade it on an Exchange. In this video I use Bitfinex as an example, see the picture below.

Bitfinex Exchange

This is a good way to make extra coins but it also requires allot of patience. Which is something I struggle with! Also the other really good thing about exchanges is that you can trade your mined Crypto for different types of alt coins. Let say you have a good feeling about EOS then you would be able to Trade your mined earnings for the coin EOS.
So I show you how to setup your account and deposit your first coins into Bitfinex. I use it to mine my coins directly to the exchange saves me allot of hassle with gas fees from the myetherwallet wallet.

Well thanks for watching and reading guys I hope this one helps you out.

Cheers

Mining Cryptocurrency on Android

Mining Cryptocurrency on Android

Electroneum Referal Code: C2C4DD
Support 123myIT and use the code guys! 🙂

A quick video today guys had to go to work so I rushed this one through. Electroneum has release the mobile miner for Android and its awesome! So check it out.

○○○○○○ Want to buy Android at Amazon ○○○○○○
Android phones here: http://amzn.to/2FWDvXr

Android phone hash rates.
iOS Phones
N/A — Unreleased
Android Phones
Google Pixel 2 — ~36-40 H/s
Google Pixel — ~14 H/s
Google Nexus 6P — ~18 H/s
Google Nexus 5X — ~18 H/s
LG G6 — ~22-36 H/s
LG G4 — ~22-27 H/s
LG Stylo — ~9H/s
HTC One M8 — ~6-18 H/s
Samsung Galaxy S8+ — ~ 50+ H/s
Samsung Galaxy S8 — ~50 H/s
Samsung Galaxy Note 8 — ~31 H/s
Samsung Galaxy S7 — ~22-32 H/s
Samsung Galaxy S7 Edge — ~16 H/s
Samsung Galaxy S6 Edge — ~34 H/s
Samsung Galaxy S5 — ~5 H/s
Samsung Galaxy Note 5 — ~25-32 H/s
Samsung Galaxy S4 — ~4 H/s
Samsung Galaxy A5 2017 (sm-a520w) — ~17-18 H/s
Huawei Honor 9 — ~50 H/s
Huawei Honor 5X — ~11 H/s
Huawei P9 Lite — ~22 H/s
Oneplus 5 — ~35-50 H/s
OnePlus 3T — ~ 16-21 H/s
Oneplus One Bacon — ~5 H/s
Moto G Play — ~11 H/s
Moto G 2015 (SD410) — ~9 H/s
Moto Z Play — ~18 H/s
Moto Z – ~24 H/s
Droid Turbo 2 — ~29 H/s
Sony XZ1 – ~33 H/s
Blu Life One X — ~11 H/S
Xiaomi Mi6 — ~40 H/s
Xiaomi Redmi Note 4 — ~25 H/s
Xiaomi Mi Mix 2 — ~50 H/s
Xiaomi Mi A — ~14 H/s
BlackBerry DTEK60 — ~17 H/s
Coolpad Arise — ~2-4 H/s
Android Tablets
Kindle Fire 7” (Sideloaded via ADB) — ~6-7 H/s
Xiami Mi Pad 3 — ~35 H/s

Want to buy me a beer?
Bitcoin: 19UmoUcWjVztU27s9Fqy6Ty8g1aJGiyQ82
Ether: 0x215a057d415958e7a1540150143249d143078b36

For this guide and other 123myIT social pages see the links below.

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CPU Mining on a Budget $0

CPU Mining on a Budget $0

Hi All
In this video I got over CPU mining and I give examples of this by showing a old HP z800 Xeon computer that I was given for FREE. Actually I was given two of these computers. How did I get that? Well I asked for it, see in Australia allot of people are moving away from the older desktop style computers and moving towards laptops and mobile computing. So allot of these old boxed just get dumped in the street from time to time.
In this video I use this computer as a example of how you can use them for CPU mining. Something to be aware of is this would only be a great option for people who have access to free or almost free power. The reason for this is that this model shown is actually not very power efficient so just be aware that you might actually spend more money than you make on power costs. And actually I only ever use this computer for video editing as the cost to running it is high.

CPU Mining

However lets say you have access to Solar power then running one of these rigs might be an option. Shortly I will be getting Solar installed. But even then it will only offset my rig The KraKen during the day still it will make mining even more profitable and at some stage I will do a video on the install of my Solar setup.

○○○○○○ Want to buy the parts at Amazon ○○○○○○
First Mining Rig Build Parts below.
Link: https://youtu.be/3JCyDo-c11k
► Gigabyte motherboard http://amzn.to/2ivOIUr
► Celeron CPU http://amzn.to/2iwek3v
► EVGA Power supply http://amzn.to/2iwnIUz
► Crucial 8GB Memory http://amzn.to/2ivo6Tm
► Sapphire Nitro + 4GB http://amzn.to/2yXIwL5
► PCIE Riser cards http://amzn.to/2iv1nXK
► SSD http://amzn.to/2ivZUjI
► Frame if you need one. http://amzn.to/2j8shEx
► Power Button Cable for motherboard. http://amzn.to/2FUGMpU
► Power meter http://amzn.to/2FQgW6l
► PCIE M.2 Adapter Card http://amzn.to/2mOofTl
► CPU Mining Rig was for free
► Dyson Vacuum http://amzn.to/2CDKKlk

Want to buy me a beer?
Bitcoin: 19UmoUcWjVztU27s9Fqy6Ty8g1aJGiyQ82
Ether: 0x215a057d415958e7a1540150143249d143078b36

For this guide and other 123myIT social pages see the links below.

Facebook: http://www.facebook.com/123myit
Twitter: https://twitter.com/123myit
Google+: https://plus.google.com/+123myIT
Instagram: http://instagram.com/123myit

What Crypto Coin to mine?

What Crypto Coin to mine?

If you are new at Mining this video will give you some help choosing a coin and help you to get started in the world of Crypto coin.

I get allot of people on the 123myit YouTube channel asking me about what coins are good coins to mine. Really you should always do your own research and make up your own mind on what coin is right for you. But in this video I go through a few tips to help people gain some knowledge about the coins and hopefully make some great investment choices.

This video assumes you have built a mining rig and you are ready to start mining coins for a profit.
I personally use the website www.cryptocompare.com for allot of my information about the Crypto Coin. And this website is a really good place to start getting familiar with Crypto coins.
I started out mining Bitcoin via Nicehash miner but more recently I have switches from Nicehash to mining Ethereum via a pool called Nanopool. Check out the Nanopool and claymore miner setup video here.

I also talk about Electroneum (ETN) coin, which will be available to mine on Android phone.

Crypto Coin ETN

This coin has been as cheap as 3 cents USD!!! This coin is a bargin in my mind if the developers can get it working it will be very interesting and I think well worth at least a small amount of investing at the very least install the app and setup the wallet and get it ready for when you can start mining Electroneum ETN with your android phone. You can also earn free coins or refer friends through the Earn FREE coins menu inside the Electroneum ETN wallet. If you want to refer me my code is C2C4DD shameless plug 🙂 Thanks for your support.

Hopefully trying to get as many videos up as I can I have loads to show you guys but its just getting the time and effort to make these things happen.

Good luck I hope this info helps.

How to build a Mining Rig on a Budget

How to build a Mining Rig on a Budget

This video will show you how to build a mining rig on a budget.

This video will show you how to build a mining rig with a strict budget. I have tried to do a build where I keep the costs down to help people who might not have a massive budget but still want to get into mining. In this build I really only buy three parts. Power supply risers and graphics cards. The rest I was able to get for free.

○○○○○○ Want to buy the parts at Amazon ○○○○○○
First Mining Rig Build Parts below.
iInk: https://youtu.be/3JCyDo-c11k
► Gigabyte motherboard http://amzn.to/2ivOIUr
► Celeron CPU http://amzn.to/2iwek3v
► EVGA Power supply http://amzn.to/2iwnIUz
► Crucial 8GB Memory http://amzn.to/2ivo6Tm
► Sapphire Nitro + 4GB http://amzn.to/2yXIwL5
► PCIE Riser cards http://amzn.to/2iv1nXK
► SSD http://amzn.to/2ivZUjI
► Frame if you need one. http://amzn.to/2j8shEx
► Power Button Cable for motherboard. http://amzn.to/2FUGMpU
► Power meter http://amzn.to/2FQgW6l
► PCIE M.2 Adapter Card http://amzn.to/2mOofTl

Budget Mining Rig Build Parts
► Sapphire Nitro + 4GB http://amzn.to/2yXIwL5
► AeroCool 750 watt power supply http://amzn.to/2yNcG2u
► Motherboard free follow links above if you need one.
► Ram free follow links above if you need one.
► CPU Free follow links above if you need one.
► Frame free follow links above if you need one.

Want to buy me a beer?
Bitcoin: 19UmoUcWjVztU27s9Fqy6Ty8g1aJGiyQ82
Ether: 0x215a057d415958e7a1540150143249d143078b36

For this guide and other 123myIT social pages see the links below.

Facebook: http://www.facebook.com/123myit
Twitter: https://twitter.com/123myit
Google+: https://plus.google.com/+123myIT
Instagram: http://instagram.com/123myit

How to Mod Sapphire RX 570 4GB Elpida Bios

How to Mod Sapphire RX 570 4GB Elpida Bios

123myIT’s video on How to Mod Sapphire RX 570 4GB Elpida Bios!

I use MSI Afterburner to adjust the clocks of the cards until they become stable. Stability is very important for mining cryptocurrencies as this allows your rig to keep mining when it might otherwise go offline. Because you are squeezing every inch of power out of your GPU by over clocking the GPU and undervolting it to save on power consumption.
AfterBurner Settings I use to get rig stable.
Power limit: -6 or -4
CoreClock: 1150
Mem Clock: 1970 or 1980 or 1990 or keep going up by 10 till its stable.

You can download the modded bios from the 123myIT Downloads section here. There is two different versions. 256 size version and the 512 size version. The Sapphire cards for some reason have two different type of bios sizes. Both should work fine, but you use these bios at your own risk. This bios was created by people on the Anorak.Tech website.

Sapphire RX 570

Want to buy me a beer?
Bitcoin: 19UmoUcWjVztU27s9Fqy6Ty8g1aJGiyQ82
Ether: 0x215a057d415958e7a1540150143249d143078b36

For this guide and other 123myIT social pages see the links below.

Facebook: http://www.facebook.com/123myit
Twitter: https://twitter.com/123myit
Google+: https://plus.google.com/+123myIT
Instagram: http://instagram.com/123myit

NiceHash Hacked a blow to the Mining Community

NiceHash Hacked a blow to the Mining Community

123myIT’s video on Nicehash Hacked!

For those of you that aren’t familiar with Nicehash, Nicehash was a platform whereby miners could sell the hashing power in exchange for bitcoin so it was a pretty good way, reliable way, nice and easy way for people to get started. What you needed to do was download the Nicehash mining software put in your wallet address and you can start mining straight away.

I did a video recently where I build my first mining rig and you’ll see that i’ve got a video called first mining rig build.
In this video I show you how to build a mining rig and then later i’ll show you an update of that mining rig. So what was I mining at the time when I first started I was mining Nicehash with bitcoin and probably making about $300 worth of bitcoin.

Since then I wanted to change from Nicehash across to Claymore dual miner which allows you to mine both Ethereum and another coin like Decred for example so I started doing that for one month. I was about to change back to Nicehash and start using Nicehash again as the coin seemed to be getting more and more profitable. Bitcoin just seem to be going up and up so it seemed like a sensible thing to actually go back to and to try and get as much Bitcoin as I could get.
However when I went to try and start up the Nicehash miner you can see that it’s a just times out with a Nicehash sma information message.

Nicehash Hacked

Its really sad for the community really sad for the time and effort into in a building this business up and running it I just think a lot of people are going to miss out because of the demise of Nicehash I mean who knows they might be able to resurrect themselves, maybe not?

We shall see.