Bitcoin in Lebanon

arithma · 2013-03-05T19:26:17+00:00

Hello I recently (not nearly a month ago) bought 9.5 BTC at a total cost of ~$315. Now they're worth $378 if I needed to sell them. That's a good 20% return...

DNA

VipModz wrotedoes anyone sell USDT in Lebanon?

i can sell you 100 tether

edit: to binance wallet as fees are high for tether

tech-guru

What is the best software for crypto mining (ETH) with an easy yet efficient GUI ?

Thank You

az09za90za

Tech Guru wroteWhat is the best software for crypto mining (ETH) with an easy yet efficient GUI ?

Thank You

i personally use gminer for windows mining and HiveOs for my mining rig. the only software on windows with good GUI is nicehash,

tech-guru

Hello,
How I can withdraw BTC from NiceHash and sell them in Lebanon? Which Bitcoin wallet is recommended to use, be eligible ,and working here ? I know Coinbase doesn't support Lebanon.

Nemesis-301

az09za90za wrote
Tech Guru wroteWhat is the best software for crypto mining (ETH) with an easy yet efficient GUI ?

Thank You
i personally use gminer for windows mining and HiveOs for my mining rig. the only software on windows with good GUI is nicehash,

just a note that nicehash pays in btc, but you can exchange it for eth or many different cryptos for a small fee (0.5%)

edit: speaking of nicehash has anybody tried buying hashpower from their website?

LifeEngineer

I have near zero info about mining but I have a gaming PC (GTX1080).
The question is "is it worth it mining on my gaming PC say around 16 to 20hrs/day when I'm not gaming?"

yourlocalfbiagent

LifeEngineer wroteI have near zero info about mining but I have a gaming PC (GTX1080).
The question is "is it worth it mining on my gaming PC say around 16 to 20hrs/day when I'm not gaming?"

hey i have an msi 1060 6gb and i have been mining on it for the past month at 24-25mh/s (overclocked)and made around 55 to 60$.
so in my opinion its worth it. also i kow that with nicehash they have something that will boost 1080 hashrate by 50% so check it out on there forums.

yasamoka

yourlocalfbiagent wrote
LifeEngineer wroteI have near zero info about mining but I have a gaming PC (GTX1080).
The question is "is it worth it mining on my gaming PC say around 16 to 20hrs/day when I'm not gaming?"
hey i have an msi 1060 6gb and i have been mining on it for the past month at 24-25mh/s (overclocked)and made around 55 to 60$.
so in my opinion its worth it. also i kow that with nicehash they have something that will boost 1080 hashrate by 50% so check it out on there forums.

Did you factor in power consumption?

Nemesis-301

yasamoka wrote
yourlocalfbiagent wrote
LifeEngineer wroteI have near zero info about mining but I have a gaming PC (GTX1080).
The question is "is it worth it mining on my gaming PC say around 16 to 20hrs/day when I'm not gaming?"
hey i have an msi 1060 6gb and i have been mining on it for the past month at 24-25mh/s (overclocked)and made around 55 to 60$.
so in my opinion its worth it. also i kow that with nicehash they have something that will boost 1080 hashrate by 50% so check it out on there forums.
Did you factor in power consumption?

considering we pay the electric bills in lbp, and $1 = 12500 lbp, I'd say its a minor cost

yourlocalfbiagent

yasamoka wrote
yourlocalfbiagent wrote
LifeEngineer wroteI have near zero info about mining but I have a gaming PC (GTX1080).
The question is "is it worth it mining on my gaming PC say around 16 to 20hrs/day when I'm not gaming?"
hey i have an msi 1060 6gb and i have been mining on it for the past month at 24-25mh/s (overclocked)and made around 55 to 60$.
so in my opinion its worth it. also i kow that with nicehash they have something that will boost 1080 hashrate by 50% so check it out on there forums.
Did you factor in power consumption?

for me no, but i ran an online calculator on the 1080 hashrate which is 36.6 mh/s at 128w, at 0.083$ perkwh at lbp rate 12,000 thats about 6.31$ a day in profit with 0.25 cents in power.
do keep in mind that you can also overclock to get more

LifeEngineer

Ok, so any good video/guide, and simple enough, to start mining on a personal PC?

And the important question is where is that money stored and from where / how to retrieve it if our banks don't allow it?

yourlocalfbiagent

well to mine i suggest nicehash if you are mining on only 1 or 2 pcs and not a mining rig since its easy to use and can payout easily and it gives you the money every 4 hours and a min of 1000 satoshis and you can transfer them from nicehash wallet to an external wallet like 50,000 satoshis min to coinbase and 100,000 satoshis to a private wallet directly or do as i do and use the exchange(min 10,000satoshis)and buy xrp and transfer it as it has a smaller min amount of 20.5xrp and a low fee of almost nothing and then transfer it back to any coin you want.

yourlocalfbiagent

i transfer my funds to binance to trade various coins and the nicehash exchange only takes 0.5%fee to convert. and as for the cashing out option you can sell it at various offices in lebanon at low fees of 2% to around 10% depending on the amount and place

LifeEngineer

Is Kryptex viable? I just did an account and started with it. Most websites say it's the easiest and most straight to use requiring zero setup.

TheIlluminative

Sorry for such question, but will mining affect our PC performance? Sounds good with electricity at 1,500 right now.

LifeEngineer

TheIlluminative wroteSorry for such question, but will mining affect our PC performance? Sounds good with electricity at 1,500 right now.

It does use the GPU quite extensively. So yeah it does affect the performance of course. You can't play games and mine at the same time for example.
However, I think you're asking about the long term effect, which is debatable but I think it's safe as long as you're not overheating/overvolting/overclocking too much.

I actually started just yesterday and I'm doing it on stock settings and zero overclocking. I know I'm losing a bit of mining performance there, but I don't want to risk my hardware or even make it stress as I game on it and ruining a GPU (or any other hardware component) nowadays can cost a fortune. It's my sole personal PC after all so no luxury there...

Nemesis-301

LifeEngineer wrote
TheIlluminative wroteSorry for such question, but will mining affect our PC performance? Sounds good with electricity at 1,500 right now.
It does use the GPU quite extensively. So yeah it does affect the performance of course. You can't play games and mine at the same time for example.
However, I think you're asking about the long term effect, which is debatable but I think it's safe as long as you're not overheating/overvolting/overclocking too much.

I actually started just yesterday and I'm doing it on stock settings and zero overclocking. I know I'm losing a bit of mining performance there, but I don't want to risk my hardware or even make it stress as I game on it and ruining a GPU (or any other hardware component) nowadays can cost a fortune. It's my sole personal PC after all so no luxury there...

I totally agree regarding not play games while mining, however overclocking + underclocking is important and safer.

here is my msi gtx 1070 running on stock settings, the temp is around 74C and on hot days reaches around 82C (temp limited by msi) and I'm getting around 25mh/s

https://ibb.co/WyXFnm9

however when I configure it on msi afterburner with these settings (each gpu has different settings)
I get around 27mh/s, plus my gpu runs on lower temps and doesn't go beyond 70C which is better for the long run

https://ibb.co/McPfSjY

And if I want to play it safer, I lower the power limit to 50% so the temp goes down to max 60C, and I still get around 25mh/s, same as the stock settings but way lower temps.
https://ibb.co/mX6D89B

LifeEngineer

Nemesis-301 wrote I totally agree regarding not play games while mining, however overclocking + underclocking is important and safer.

here is my msi gtx 1070 running on stock settings, the temp is around 74C and on hot days reaches around 82C (temp limited by msi) and I'm getting around 25mh/s

https://ibb.co/WyXFnm9

however when I configure it on msi afterburner with these settings (each gpu has different settings)
I get around 27mh/s, plus my gpu runs on lower temps and doesn't go beyond 70C which is better for the long run

https://ibb.co/McPfSjY

And if I want to play it safer, I lower the power limit to 50% so the temp goes down to max 60C, and I still get around 25mh/s, same as the stock settings but way lower temps.
https://ibb.co/mX6D89B

Those numbers 25MH/s are on NiceHash with that memory tweak thing right?!

I've read and watched about NiceHash for a bit (still new to all this as I said), and it seems some say it's shady being made by a previously convicted guy etc... So I decided not to use but use Kryptex instead, and on my stock GTX1080, I barely reach 20 to 23MH/s.

Nemesis-301

yes, I am currently using nicehash however I do plan to send what I've mined to binance in the future.
I would advise you to tweak your gpu accordingly, you can definitely get better mh/s with your card, also I've heard theres an ethlargement program that boost the memory speed for gtx 1080 and 1080ti cards (that use gddr5x), can't use on mine since mine's gddr4

edit: just asked my friend who's using 2 X 1080s to mine, he was getting 25.5mh/s, and after using the program it jumped to 32

AVOlio

I'm mining on nicehash

Has anyone noticed lower than usual of his average daily earnings?

I used to make comfortably 4,5$ / day now its less than 3.

It has to do the bitcoin price fluctuation right?

Also, will mining on other platform / miners like hiveos per se, make any difference in earnings per day with the same hardware and the same coin?

« Previous Page Next Page »