How Much Money Can You Make Komodo KMD Mining
Build Your Own Electroneum ETN Miner more. This is a short guide to safely buying Komodo (also known as KMD coin) on the exchange. Is a fast-growing exchange where you can buy Altcoins (meaning “alternative coins”). (Affiliate Disclosure: Some of the links in this post are affiliate links. At no additional cost to you, we’ll earn a commission if you decide to make a purchase after clicking through the link.
Yes, dev is jl777,you should know this greedy dev if you involve altcoin. He had plenty of icos, and no one is successful, this time is kmd, next year he will make. How to earn MORE MONEY with Crypto Mining Tails Mining Theory HUSH ZEN KMD. MINING EXPERIMENT - See How Much Money. Much Can You Make Mining. Get exclusive money‑saving offers and. Where can I buy Komodo? You can buy KMD on a wide range of popular cryptocurrency. Specify how much KMD you want to buy.
Read our.) What is Komodo The Komodo Platform focuses on providing complete end-to-end blockchain solutions for developers of any level and any industry. It is simple yet powerful, offering customized blockchain solutions that are easy to deploy, and configurable to meet your needs. Our vision is to build a robust ecosystem of partners and developers, where together we create an environment that accelerates anyone’s journey into blockchain technology.
Official Website: Name: Komodo Token: KMD Total Supply: “Unknown” Circulating Supply: 103,911,766 Step 1 – Register at To buy the token, you first need to sign up. Next you need to click on the “Create Account” link. Go ahead and Register at Binance by adding your personal details.
To sign up for Binance you’ll need a valid email address and create a secure password. Step 2 – Activate Your Binance Account. You’ll be asked to activate your account before you can log in on Binance.
Go to the email you entered and click on the link sent by Binance to complete the registration process. Step 3 – Log On to Your New Binance Account Go back to and use your new account details to log in. Step 4 – Fund your Binance Wallet. Before you can buy your new tokens, you need to have funds in your Binance wallet. Note that you can’t send fiat currency direct to Binance. Instead you need to send your favorite crypto (we recommend ETH or LTC due to low transaction costs and fast transfer times). The easiest way is to buy crypto at then send it to Binance.
Back at Binance, click the “Funds” link on the top menu bar, then the “Deposits” link on the sub-menu that pops up. You now need to find the deposit address for the specific type of crypto you are transferring over from. In this example we’re using ETH. First, search for “ETH” in the search field. Then click on the “Deposit” button.
Now, copy the ETH Deposit Address and use that as the destination/outward address at your account. Wait a few minutes and the crypto (ETH in this case) will be credited to your Binance account. Step 5: Trade your Ether for KMD tokens.
Click on the ‘Exchange’ link at the top menu, next to the Binance logo. Then click on the “Basic” option that is displayed on the drop-down sub-menu. Search for the KMD/ETH pair among the list displayed on the page. Do this by selecting the “ETH” tab and searching for “KMD” in the search box. Under the KMD/ETH chart, you’ll find the Buy KMD section.
The first box with the Price label displays how much ETH or fraction of ETH you pay to buy each KMD token. The second box with the Amount label is where you enter the number of KMD tokens you plan to buy.
You can also use the percentage buttons to indicate what percentage of your funds you want to spend. Clicking on the 100% button uses all the ETH in your account. Clicking 50% uses 50% etc. If you use the percentage buttons, the number of tokens you can buy will be automatically entered into the Amount box. The Total box shows how much Ether in total you are paying for the transaction. This includes any transaction fees by Binance. Ready to buy?
Go ahead and Click on the “BUY KMD” button.
Is Mining Worth My Effort? How Much Can I Expect To Make? A system like the one I built is capable of around 2,600 Kh/s.
Based on today's difficulty rating of 3.13K, you can expect to generate about 0.84 Litecoins per day, 25.06 coins per month or 305.16 per year according to the Litecoin before pool fees (if applicable). Of course, difficulty is adjusted every 3.5 days and can either go up or down to ensure that blocks are found every 2.5 minutes. As I write this, Litecoins are trading at $20.33 so you'd make about $17 per day or around $510 per month with this setup if everything stayed as it is today (it won't). But that's only half of the equation. You have to account for what your miner cost to build and if you're following my build, that would be around $3,000 before shipping assuming you don't already have some of the components around. At today's rates, it would take about six months to break even if everything stayed the same (again, it won't) and that's not factoring in how much it will cost to operate your miner in terms of electricity. My numbers are a bit skewed here as I also have two other cards (a and a ) operating in a secondary machine, but my latest electric bill shot up exactly $100 with the miners running 24/7.
The systems are using a lot more power than I otherwise would but I'm also running an air conditioner a lot. At one point, it was around 10F outside and I still had to use the AC to keep an ambient room temperature of around 72F. The electric bill will only climb even higher during the summer months. On top of the heat, a miner of this caliber also generates a lot of noise. The reference cooler is the main culprit as its single fan needs to spin at a very high RPM to keep temperatures under control. Many have bashed AMD's reference cooler for being inadequate and noisy. The dual- and triple-fan coolers used on most 280x cards are more efficient and much quieter but there is a catch.
Such coolers don't do a good job of expelling the heat out of the case, which makes them bad for coin mining in a conventional PC case. The reference cooler, however, blasts hot air out of the back of the chassis. If I had to do it all over again, I'd try to get a third card with the reference cooler instead of the dual-fan cooler on the 280x as it was one of the main reasons I needed so much extra case cooling.
A spare room on the other side of the house is probably where you'd want to keep a high-end miner and even then, you might still be able to hear it. It would be possible to eliminate a lot of the fan noise by water cooling the cards but that introduces more cost (and risk). Another option would be to put the system in a garage during the cold months although I'm not sure how condensation would factor in. Another consideration: if you plan to run your miner(s) in a room with a lot of other heavy-draw electronics, total power draw could be problematic.
During configuration, I had the miner in my living room and it tripped the circuit breaker. I had to move the system to a different outlet in another room. I know one person who has miners running in his attic. With less insulation than the rest of the house, this eliminates having to run the air conditioner more than usual and also puts the systems out of earshot but he will need a different strategy once it starts to warm up outside. Another option is to move the miners off-site completely, say, to a data center. You'd need to check around to see what is available locally but it could be cheaper to operate overall, not to mention you wouldn't have to deal with the noise. There are a ton of questions that you'll want to ask yourself before mining Litecoins.
If you're looking to make a quick buck, mining (based on today's rates) probably isn't the best use of your money. If you view Litecoins strictly as a long-term investment, your cash might be better spent buying coins directly and saving them for a couple years, though it's anyone's guess where virtual currencies will be by then. However, if you're intrigued by the idea and love playing with hardware, it can be rather enjoyable. All I know at this point is that I've had fun with it and am ready to see what the future holds, good or bad.