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Nowadays you can find many offers for renting mining rigs for some period of time, but you need to be extra careful with these as you might be actually throwing money with some of them. For example the deal on the image above is for 2.9 MHS Scrypt mining rig that you can rent for $45 USD per 24 hours. What you should do after seeing such an offer is to check the hasrate you will be renting against LTC mining for a day. With the current difficulty of LTC a hashrate of 2.9 MHS in 24 hours will be able to mine 0.9098 LTC or with the current exchange this is just about $14.02 USD. This means that this deal is clearly not good at all for the moment. Sure, LTC price can get higher if you wait with the mined coins, or you can mine a bit more profitable crypto than LTC, but still the deal is not worth it at all… and still that particular mining rig is currently booked for another 10 more hours! If you consider renting mining hardware, you should be looking for offers that give you good ratio against LTC, so for example if you are going to mine 1 LTC per day and the renting price is about 1 LTC or the equivalent in USD (or less of course) the deal might be worth considering. But going for a rent price that is 3 times higher than the profit you will get now is a really stupid thing to do…
Some services offering Renting of Mining Rigs or Hashrate:
– Mining Rig Rentals
– Nicehash
- Published in: General Info
- Related tags: LTC minig rig, rent mining equipment, rent mining rigs, renting crypto mining rigs, renting crypto rigs, rentmyrig, scrypt mining rigs
If you are really willing to squeeze every little bit of performance for mining crypto coins with your available hardware you should be aware of the fact that you can also use the most recent Intel integrated graphics cards for mining too. The latest generation of integrated Intel graphics does support OpenCL 1.2 and thus can give you some extra hashrate that is more than yo can get alone out of the CPU only. Note that the OpenCL 1.2 support is found only on 3rd and 4th Generation Intel Core Processors as well as some other more specific models that you probably will not have available in your mining rigs anyway. Older Intel Integrated Graphics may support OpenCL on the CPU only, so they are no good for mining crypto coins unfortunately. Below you can find a list of the supported integrated Intel graphics processors that can be used for OpenCL mining:
4th Generation Intel Core Processors with:
– Intel HD Graphics 4200/4400/4600/5000
– Intel Iris Graphics 5100
– Intel Iris Pro graphics 52003rd Generation Intel Core Processors with:
– Intel HD Graphics 4000/2500Intel Atom Processor Z3000 Series with:
– Intel HD GraphicsIntel Celeron Processor J1000/N2000 Series and Intel Pentium Processor J2000/N3000 Series with:
– Intel HD GraphicsIntel Xeon Processor E3 Family V2/V3 with:
– Intel HD Graphics P4000
– Intel HD Graphics P4600/P4700
You can quickly and easily check if your integrated Intel GPU does come with OpenCL support or not with the help of the free tool GPU-Z if you are not sure what kind of processor or integrated graphics you may have in your systems. Be aware that the supported Intel integrated graphics processors will not be as powerful as a dedicated AMD graphics card, but they still do manage to provide a few times higher hashrate than if you are using the CPU for mining and they can add a bit more performance to your overall hashrate. So why not take advantage if you already have the hardware available…
On the Hunt for the Most Profitable Crypto Coins
16, Feb 2014
CoinWarz is another service where you can keep track of the profitability of the various alternative crypto coins in order to hunt for the most profitable one at the moment to get the best out of your hashrate, especially if you do not have a lot of it available. This service provides a mining and profit calculator that works with the supported cryptos, so you get actual profitability data based on your hashrate and power consumption for each crypto coin. It also checks and reports the best exchange rate at which exchange as this is also an important part for calculating the crypto profitability correctly. The list of alternative cryptos includes both scrypt-based ones as well as sha-256, so this service is useful not only for GPU miners, but also for ASIC miners that are interested in making some more extra profit by mining alternative cryptos instead of LTC or BTC directly.
Have in mind though that the profitability of alternative crypto currencies is very dynamic and if you start mining a crypto with very high profitability due to low network hasrate and difficulty, the situation can quickly change is a lot of other miners also follow in your footsteps. So it is important to be fast in finding the right pool and starting to mine the highest profitability crypto in order to maximize your profit – you can check our alternative crypto “cheat sheet” information that we have available here to help you in that. For example at the moment the most profitable alternative scrypt crypto is 42 (42), followed by DigiByte (DGB) and Globalcoin (GLB). The situation with SHA-256 alternative cryptos shows that eMArk (DEM) is the most profitable, followed by Betacoin (BET) and OpenSourcecoin (OSC).
– For more information and to check out the CoinWarz alt crypto profitability list…
- Published in: General Info
- Related tags: alt coin profit calculator, alt coin profitability, best alt coin to mine, best crypto to mine, coinwarz, crypto profit chart, crypto profitability, crypto profitability calculator, most profitable alt coin, most profitable crypto, what alt coin to mine, what crypto to mine