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Topic: Way to get the best out of LHR (Read 194 times)

full member
Activity: 182
Merit: 152
March 21, 2022, 10:35:13 AM
#12
I'm ready to buy GPU and forget about my ROI for a long term, my aim is to keep mining coins and hold for long term I don't care about the USD value all I want is lower difficulty and better quantities compare to when mining is still profitable.
I still think it's better to wait until PoS to buy equipment cheaply.

Right after the PoS merge, difficulty on the small coins (ETC/RVN/CFX...) will skyrocket as millions of cards try switching to them. These miners will figure out that they're only earning breadcrumbs, which will never compensate for the ridiculous prices they paid for their rigs. Miners will fire sell the cards and go bankrupt, which will drive down difficulty to reasonable levels again. This is exactly what happened in late 2018; the recovery stage took 2-3 months.

This is probably the best time to enter the market if your strategy is to mine & HODL. The cheaper GPUs are, the more rigs you can afford to build, and thus the more coins you can collect.

I predict that the best cards will be the Nvidia GreedForce RTX 3000 series, since they're good at a variety of coins but have decent efficiency. The new RTX 4000 series will be crazy expensive and isn't much more efficient. AMD cards should be a no-go because they perform best on ETH, even though they will crash the most in price.
member
Activity: 201
Merit: 31
KUWA.ai
March 21, 2022, 04:36:44 AM
#11
The only graphic cards that are going down in value right now are the LHR 3*** cards is there any way at all to get the best out of these cards? 3080Ti is now 2000$ here.
Do you really think that ethereum will be mined for another 2 years?
Dual mining is a good solution if it's winter or good ventilation, but I'm not sure if ethereum mining will last longer than TON mining. Therefore, you may not return your investment of $ 2,000 in the next 2 years.
I'm ready to buy GPU and forget about my ROI for a long term, my aim is to keep mining coins and hold for long term I don't care about the USD value all I want is lower difficulty and better quantities compare to when mining is still profitable.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
March 21, 2022, 04:09:54 AM
#10
All other coins will go down in value after ETH PoS algorithm is active, many miners will start mining other coins and selling them instantly for usdt or other, let's just hope that another ETH like coin will increase in value while tons of miners are on its pool...FLUX I'm looking at you right now.

While I also think the same together with many others why can't we just imagine for a second that all that massive hash rate of Ethereum mining moves to Ethereum Classic.It can happen two things once it moves,either ETC price goes down as that coin and its developers aren't prepared for such move but what if the price of ETC skyrockets and the smart guys are those who are mining it right now,kinda like those who were mining it at 3 USD and made a killing when it arrived near 60 dollars per coin?

After all we are in mining world of crypto and we know everything is possible here.
member
Activity: 248
Merit: 13
Futiracoin.com
March 21, 2022, 02:50:25 AM
#9
All other coins will go down in value after ETH PoS algorithm is active, many miners will start mining other coins and selling them instantly for usdt or other, let's just hope that another ETH like coin will increase in value while tons of miners are on its pool...FLUX I'm looking at you right now.
full member
Activity: 182
Merit: 152
March 20, 2022, 03:42:15 PM
#8
Considering that ethereum is mined by 75% of video cards, although I think more, then after the end of ethereum mining, the profit will be low on all algorithms and any purchase price now will seem very high to you. There will be testnet results in June, and for example, I don't want to take risks over several months of mining.

I 100% agree. Actually, 96% of the market cap of GPU mineable coins currently comes from ETH. That could be as much as a 96% collapse in total mining revenue available (although this doesn't consider differences in block rewards). The folks buying video cards at inflated prices today will be the bag holders, if ETH 2.0 goes according to schedule. Of course, if the merge gets delayed by 3 months, they'll probably break even.

The miners who will make profit are those who wait for the crash, buy mining equipment at 50% below MSRP, mine while difficulty is low for a few months, then sell when difficulty recovers. They also have to have a decent power cost (< 10¢/kWh) and need to know the tax incentives available.

Personally, I can't wait for the PoS merge. Right now I'm buying different models of video cards to test them on different algos and learn. When GPU prices crash, I will buy hundreds of cards and pay 5-6¢/kWh (after tax) for power.
legendary
Activity: 1876
Merit: 1138
March 19, 2022, 07:51:32 AM
#7
Because of the upcoming ETH 2.0 if it's a must to buy a GPU now make sure the price is very cheap because what we will have left after ETH2.0 is ETC, Ravencoin, Ergo, CONFLUX and a few others that are less profitable, don't buy cards that are too costly.
Considering that ethereum is mined by 75% of video cards, although I think more, then after the end of ethereum mining, the profit will be low on all algorithms and any purchase price now will seem very high to you. There will be testnet results in June, and for example, I don't want to take risks over several months of mining.
member
Activity: 368
Merit: 15
March 18, 2022, 10:16:14 AM
#6
Because of the upcoming ETH 2.0 if it's a must to buy a GPU now make sure the price is very cheap because what we will have left after ETH2.0 is ETC, Ravencoin, Ergo, CONFLUX and a few others that are less profitable, don't buy cards that are too costly.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
March 18, 2022, 09:38:18 AM
#5
The only graphic cards that are going down in value right now are the LHR 3*** cards is there any way at all to get the best out of these cards? 3080Ti is now 2000$ here.

The 3080 ti so far has been unlocked to 90-92 Mhsh so far which corresponds to near 75% of all its hash power.This is for Ethereum and related Ethash algorithms and let's assume Ethereum goes to PoS when predicted,just assuming,we have other coins like ETC-Ethereum Classic and with 92 Mhsh you make like 2.4 USD daily before extracting electricity,you see that you need quite a lot of time to ROI your card.I don't think it is a good buy right now the 3080 ti and even if Ethereum does not go PoS still you need a lot of time to ROI for such high price cards.
legendary
Activity: 1876
Merit: 1138
March 18, 2022, 09:06:08 AM
#4
The only graphic cards that are going down in value right now are the LHR 3*** cards is there any way at all to get the best out of these cards? 3080Ti is now 2000$ here.
Do you really think that ethereum will be mined for another 2 years?
Dual mining is a good solution if it's winter or good ventilation, but I'm not sure if ethereum mining will last longer than TON mining. Therefore, you may not return your investment of $ 2,000 in the next 2 years.
member
Activity: 280
Merit: 10
March 18, 2022, 04:52:29 AM
#3
Dual mining ETH + TON or ETH + ALPH unlocks the 100% hashing power of a LHR graphic card but also you can mine flux only and get the same hashrate as a Non LHR graphic card.
full member
Activity: 1424
Merit: 225
March 17, 2022, 07:36:40 PM
#2
It's called dual mining.

You can do it yourself with 2 miner instances or some miners have dual mining built in.
All you really need is a decoy GPU process that doesn't activate LHR. A different mining algorithm that
isn't affected by LHR is the perfect decoy. The secondary algorithm profit doesn't really matter from
an LHR point of view so it can be set a minimal intensity so the primary algo can run at full speed.

Dual mining can have other benefits. If the 2 algos are complimentary you can mine both at the same
time and earn more that either one alone if the intensity is properly tuned.
member
Activity: 234
Merit: 35
Moon.win
March 17, 2022, 02:20:07 PM
#1
The only graphic cards that are going down in value right now are the LHR 3*** cards is there any way at all to get the best out of these cards? 3080Ti is now 2000$ here.
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