June 21, 2020

GTX1060 hashrate mining Kawpow

GTX1060 hashrate mining Kawpow

I just did some tests mining Ravencoin with a GTX 1060 mining the new Kawpow algorithm. I wanted to share my GTX1060 hashrate mining Kawpow in case anyone else wanted to give it a try, along with the amount of Ravencoin mined in that time.

Ravencoin recently switched to a new algorithm called KawPow which is a GPU friendly. Since I do have a PC that runs 24/7 as it is used as a HD DVR (BlueIris software) along with being a Bitcoin and Ravencoin full node. I thought I might as well try mining Ravencoin with the GTX1060 mining KawPow.

Hardware

For reference this PC is a little old, but suits the purpose of running my HD DVR and full nodes just fine. Here are the specs in case you were wondering.

  • CPU – Intel i5 4570
  • Ram – 8Gb
  • HD – 500G ssd, and 2 Tb mechanical to record the videos.
  • Video card MSI GTX 1060 6GB Armor

For mining you don’t need much CPU power, just a decent video card. The GTX 1060 was pretty much not being used in the system as Blue Iris mainly uses the CPU for recording the incoming video streams.

SOFTWARE

For the mining software I chose to use the KAWPOW miner as it is open source and for Nvidia cards. ( But as a precaution do not have a wallet with lots of funds on the PC just in case I run anything malicious). I got the Kawpow miner form the GitHub location here . KawPow has a version for both Linux and Windows. I was using the version for Windows.

  • Kawpowminer version 1.2.3

For the mining pool I decided to use Minermore.com as I like there layout and have used them before.

 

RESULTS

Here are the results from 2 separate 24 hour test runs showing how much Ravencoin I can mine with a GTX1060. For the first run I was just using standard settings, then for the second run I did lower my power settings to 89% and adjusted the core clock +38 using the MSI afterburner software. But I think the pool was just luckier for the second run as well.

(Single GTX1060 mining KawPow)

Time	        RVN Mined	BTC Value *	  USD Value *
24 Hours	19.43277627	0.00004489 BTC	  $0.42 
24 Hours	22.27659249	0.00004923 BTC	  $0.46

Here are the GTX1060 hashrates mining KawPow from both 24 hour tests.

5 Min	        1 Hour	        6 hour	        12 Hour	        24 Hour
9.9 Mh/s	8.58 Mh/s	9.58 Mh/s	9.53 Mh/s	9.22 Mh/s
9.92 Mh/s	8.82 Mh/s	9.8 Mh/s	9.56 Mh/s	9.33 Mh/s

GTX1060 hashrate mining Kawpow

SUMMARY

With the new KawPow algorithm change, it seems that Ravencoin is much more profitable to mine again. Since I leave this PC running 24/7.¬† I think I might just use it to mine all the time as well. Even though the hashrate from an older single NVIDIA GTX1060 card is not that much. I may just try it as solo mining and see if I can win a block reward even if the chance is low. Or just leave it mining in a shared pool and help offset some power costs. ~12 dollars a month for a single GTX1060 doesn’t seem to bad.

I will go ahead and get some power readings soon and post that as well. Just to see what the difference is between leaving the PC on without mining Ravencoin, compared to actually mining Ravencoin.

If your interested in more Ravencoin  posts, here is one I did on making a Ravencoin price clock on a Raspberry Pi POST.