MiningRigRentals ASIC rental | Bitcointalksearch.org

FP91G

legendary

Activity: 1610

Merit: 1026

Quote from: adaseb on January 08, 2024, 01:30:32 AM

I remember miningrigrentals from the old days. I actually didn’t like it because you had to monitor the hashrate you bought. Unlike Nicehash , sometimes the miner would crash and the only way to tell would be to Monitor your workers.

Then you had to file a dispute and you would get a partial refund. I am sure on ASIC it’s more stable since they rarely crash compared to GPUs but it’s still something you should keep an eye on to make sure you get your moneys worth for the rental.

Modern ASICs are reliable, but if we talk about powerful power supplies for them, then we can say that the power supplies break.
Proven PC power supplies operate reliably for 5 years or more. Therefore, a breakdown of the ASIC power supply can cause a malfunction in the ASIC.

adaseb

legendary

Activity: 3738

Merit: 1708

I remember miningrigrentals from the old days. I actually didn’t like it because you had to monitor the hashrate you bought. Unlike Nicehash , sometimes the miner would crash and the only way to tell would be to Monitor your workers.

Then you had to file a dispute and you would get a partial refund. I am sure on ASIC it’s more stable since they rarely crash compared to GPUs but it’s still something you should keep an eye on to make sure you get your moneys worth for the rental.

fmz89

legendary

Activity: 1766

Merit: 1002

still remember some cloud asic "yearly mining contract" is not things anymore these day, back then when bear market renting rigs kinda profitable and more sense
MiningRigRentals basicaly P2P marketplace and for price is reasonable back then

FP91G

legendary

Activity: 1610

Merit: 1026

Quote from: fmz89 on December 28, 2023, 10:52:33 AM

buying asic miner in local store would cost higher than importing but its safer bet and cut times instead waiting you can mine right away,
at this point asic better than gpu mining and more stable for long term mining, except it will become brick after couple years instead selling gpu to gamer Cheesy

I'm not sure that ASIC is better than a video card, at least for several reasons. All ASICs are noisy, and there are very few models for home use, but these models are mainly for altcoins.
In a house or apartment you will not be able to have noisy ASICs and install a lot of them due to the high electricity consumption.

fmz89

legendary

Activity: 1766

Merit: 1002

buying asic miner in local store would cost higher than importing but its safer bet and cut times instead waiting you can mine right away,
at this point asic better than gpu mining and more stable for long term mining, except it will become brick after couple years instead selling gpu to gamer Cheesy

BitMaxz

legendary

Activity: 3248

Merit: 2971

Block halving is coming.

Quote from: FP91G on December 22, 2023, 11:56:19 AM

For mining researchers.
If you want to start mining on ASICs, then try renting an ASIC for a few days. Usually you will pay more than you will ultimately earn from mining, but you will get an understanding of the real profit.

Renting ASIC units on mining rentals is very expensive and the hashrate they provide is not stable.

Are you pointing to real profit? I don't see a real profit from renting ASIC units but if you talking about holding your mine coins to make a profit there's no difference between buying Bitcoins and holding them for the long term.

Or if you have a budget and have a cheap power source buying your own ASIC units is way better.

FP91G

legendary

Activity: 1610

Merit: 1026

For mining researchers.
If you want to start mining on ASICs, then try renting an ASIC for a few days. Usually you will pay more than you will ultimately earn from mining, but you will get an understanding of the real profit.
Or you can show off your hashrate to your friends, where electricity is expensive.
Or you can point the ASIC to the new shitcoin.
https://www.miningrigrentals.com/rigs/etchash

Topic: MiningRigRentals ASIC rental (Read 179 times)