The begining
I began mining in January 2017, after my cousin would not shut up about this "new easy way of getting free money". I signed up to Minergate downloaded claymore miner and boom I was making profit.
Monero days
my first monero "paycheck"
At minergate I mined monero(XMR), the what seemd so good for me at the time alternative for the GPU unminable bitcoin. I was mining when I was in school or when I was at my girlfriends place( roughly ~6 hours per day). I was amazed when I got my first 10€ in a month, I felt like the richest man in the world. I would continue mining till the begging of march. In the course of two months I got about 20€ from monero, enough to take my girlfriend out for cheesburgers and some cocktails. ![image]() *Last monero transaction to date*
# What is Ethereum and Ethereum classic? I already saw ethereum when I began mining XMR, and it sounded kinda promising to me somehow. ![image]() *Minergate's UI*
So again one day my cousin calls me saying "Yo, ditch XMR go mine ETH", and I switched to ETH(17€ per coin in early March). Again mining times were similiar. I didn't mine it for long, I switched to ETC soon because of the lower mining difficulty and *the possibilty that this 1€ coin will rise someday*. I mined ETC until I reached 28€,this time it was for my girlfriends birthday present(her birthday was in May). With both ETC and ETH I mined decred which was not a big easy money cryptocurrency(I mined a total of 5€).
The dark period aka WHY DIDNT I INVEST IN ETC😭
During the time mining ETC I was thinking of maybe investing 20€ into it. A simple rise to 10€ would be a almost a 1000% increase in value and it would mean my 20€ would become 220€. BUT I converted my ETC to € and never invested the money I ment to and the dark period began.
I stopped mining for about a month only to realize that I am a one big idiot. Even if I continued mining the increase in value ETC saw would benefit me a lot. But I said to myself:
what happened happened I have to move on.
Episode IV: The return of the miner
It was the 28th of May when I got back. The finals in school made it possible for me to dedicate myself to studying, which ment that my computer could mine 24/7(I didn't game on it etc.)
I also switched pools - Minergate's-block-discovery-rate was very very slow so I moved to ethermine and finally moved to Nanopool(because of their mobile app).
I also ditched the slow Decred and started mining SIA. SIA seems easier to mine and also more valuable 1000 SIA ~ 18€).
In almost a month of mining with my PC I've mined about 110€ of ETC, 20€ of SIA and I must say I am very happy with the money I made.
Nanopool's app for Android
# Hardware My PC consists of a AMD FX-9370 processor(ditched mining on it because of low profit and **oh god the heat** and most importantly my Sapphire RX-480 Nitro+ OC 8GB Graphics card. I get about 25MH/s with it(because BIOS mods just won't work). I also ordered a Sapphire Nitro RX-580 which I still have not recieved because they are simply not in stock anywhere on the planet. ![image]() *RX 480*
# Payouts For payouts I use the Changelly-Coinbase method I convert mined coins to BTC and then send them to coinbase from there the money goes into my bank account(I will post about Coinbase in the near future). # The future ![image]() I'm planning to build a dedicated 570 rig. The money I get from mining now will be invested into it.
**What about you? Where and what do you mine? Did you like my post, would you like more parts? Let me know in the comments below** >Be sure to check out my other posts and if you like them please upvote them and subscribe for more!
Hello there, great mining story you have. Are you still using minergate? If yes, you may check out other mining alternative because minergate does not utilize your gpu 100%. Because i know explosive cryptocurrency is so i have decided just hold on ehat i have earn and mature if when it becomes significant (but i just started recently :( )
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Hey thanks! No I'm not using minergate anymore now I'm using Nanopool for mining, thanks anyway! :D
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Great story. I regret not buying into bitcoin last summer. I had my finger on the trigger but never followed through. This article is helping to push me back towards going for it. You earned the follow.
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thank you!
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$675.00 last summer, have you looked at any other coins you were toying with?
the market has gone nuts, many new Millionaires. children too LOL
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No, I didn't link my bank to an exchange and still can't get any miners to work. I tried that nanopool mentioned in the post which is as simple as I can imagine it getting, but i get an error. Apparently GTX770 isn't up to the task.
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they have video cards at over $2000 that work good I hear. A little rich for my blood, but some day. there are sites that help with mining, but most are closed-lipped, why help your competition kind of thing. One asshole sent me a script so I would mine to his wallet LOL. I'm not that good, but also not that dumb. Put in the effort to make the coin dude. I know its a lot to learn, thats why I tried to get you going last summer. you would be a pro by now and able to help me hehe.
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Started my rig only a few weeks ago with 5 1070 GTXs. No problems so far. (It took quite a while to get riser cables - seems everyone is mining so it's not just lack of GPU cars that is a problem. I dual mine Eth & Sia. Eth makes the $ but Sia is rewarding because it produces so many coins per day. Hopefully Sia will go up some day and by then I will have a boat-load of them!
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Thats so great to hear!
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great story bro upvoted and follwed keep on steeming on
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Thanks bro!
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I WILL know wth you are talking about one day.. I will I will I will.. I just started a mining contract today and all I know is, it's going to payout -- I really need to learn all about this because I don't think it is going anywhere anytime in my lifetime.
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Nice
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Thank you.
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