Experiments in Crypto Mining 4: Cryptocurrency Mining with an Upgraded Home PC

Having upgraded my PC with a new graphics card, but getting disappointing results mining Bitcore with Suprnova software, next I repeated my test of mining Monero (XMR) using the MinerGate software.

This time the benchmark score was 1998 with a message “You can make an extra 100 USD per year with only this computer” – both values being roughly double what they had been before the upgrade.

MinerGate's benchmark on a GTX 1050 system (Image: BIUK)
MinerGate’s benchmark on a GTX 1050 system (Image: BIUK)

For the best outcome I set the mining to use both the CPU and the GPU (graphics card). This produced about 3 times as much hashing power as before.

Mining XMR using the MinerGate app and a GXT 1050 card (Image: BIUK)
Mining XMR using the MinerGate app and a GXT 1050 card (Image: BIUK)

However, given the poor results from last time (about 15p of Monero/XMR mined for 50p in costs) it’s clear that even at 3 times the mining power it would still not be very profitable. This is therefore another dead end.