What are your plans for the coming year? - page 2.

joker_josue

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Quote from: FP91G on January 11, 2023, 06:49:22 AM

Therefore, when several cunning miners connect to the village transformer, the voltage in the power grid drops and the evil Russian people go to beat the face of the local power engineer. And then the whole village is looking for miners

I believe that many of the miners prefer not to have complications with their neighbors. Roll Eyes

Neighbors can be worse than the authorities themselves. It's best not to make them nervous.

FP91G

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Quote from: arielbit on January 08, 2023, 06:32:02 AM

Quote from: FP91G on January 04, 2023, 05:35:29 AM

Quote from: joker_josue on January 02, 2023, 04:04:31 AM

Quote from: FP91G on January 01, 2023, 02:11:54 PM

There are regions in Russia with a price of 0.01-0.02 USD/EUR/kW, such as the Irkutsk region. In large-scale production, electricity prices are cheaper due to large consumption. Prices for citizens are regulated by the regulations of the energy commission in each region. And the price does not depend on the consumption of 100 kilowatts or 15,000 kilowatts. The problem of many villages in Russia is that there are very old transformers and if the miners turn on their mining farm, then the voltage in the electrical network drops. Residents are complaining, power engineers are starting to look for miners.

But in these cases, have the authorities shut down the miners? Are there fines or worse things going on?

What is the possibility that a benefactor miner wants to improve the locality's network? It's possible?

In regions with cheap electricity, villages are usually built to rent out to miners.
If the power engineers come with the police, they can confiscate the equipment. Then, through the court, the power engineers can force the miner to pay at the commercial rate.
If you are talking about replacing transformers and electrical wires in the whole village, then it is very expensive. This will require coordination with energy organizations, fire departments, and will take a lot of time, but you will still have certain consumption limits. It is not profitable.

LOL, residents complaining is the source of the problem.

it is the voltage drop where lights flicker and dims and motors run weird since the ideal running voltage is too low.

miners should redistribute miners according to distribution transformers, if voltage start to drop to 200-205v in transformer A for homes number 1-10 then proceed to transformer B for homes 11-20 for expansion, or let the power company install a transformer if you can but that will probably get their attention to the mining operation.

In the Russian village there is no Transformer A, Transformer B, and Transformer C. I am not a power engineer, but about 60-100 houses are connected to 1 transformer of 330 kilowatts. In Russia, electricity is sold by one company, while another company (2) maintains transformers and wire lines. The company that sells electricity pays money to the company (2) for the service. For company 2, the installation of modern transformers is a loss. The cities have more modern energy systems, but electricity is more expensive there.
Therefore, when several cunning miners connect to the village transformer, the voltage in the power grid drops and the evil Russian people go to beat the face of the local power engineer. And then the whole village is looking for miners

OgNasty

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Quote from: TalkativeCoin on January 08, 2023, 07:21:01 AM

As long as you are below 45° N/S of latitude, solar panels are a no-brainer for larger-scale investments, plus you have less chance to be picked up.

It also depends on how much investment you have available to you and if you're going to be in a space for a long time. A lot of mining operations are very short term and last less than the 4 year price cycle. In those scenarios, the fly by night crowd searches for the cheapest power, lowest rent, and looks to get in and out quickly. New money coming in now though would be wise to plan for the long term, but in a lot of cases people just don't have the investment to buy property and install solar panels just to mine coins, likely at a near loss for some time in hopes the price recovers.

TalkativeCoin

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As long as you are below 45° N/S of latitude, solar panels are a no-brainer for larger-scale investments, plus you have less chance to be picked up.

arielbit

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Quote from: FP91G on January 04, 2023, 05:35:29 AM

Quote from: joker_josue on January 02, 2023, 04:04:31 AM

Quote from: FP91G on January 01, 2023, 02:11:54 PM

There are regions in Russia with a price of 0.01-0.02 USD/EUR/kW, such as the Irkutsk region. In large-scale production, electricity prices are cheaper due to large consumption. Prices for citizens are regulated by the regulations of the energy commission in each region. And the price does not depend on the consumption of 100 kilowatts or 15,000 kilowatts. The problem of many villages in Russia is that there are very old transformers and if the miners turn on their mining farm, then the voltage in the electrical network drops. Residents are complaining, power engineers are starting to look for miners.

But in these cases, have the authorities shut down the miners? Are there fines or worse things going on?

What is the possibility that a benefactor miner wants to improve the locality's network? It's possible?

In regions with cheap electricity, villages are usually built to rent out to miners.
If the power engineers come with the police, they can confiscate the equipment. Then, through the court, the power engineers can force the miner to pay at the commercial rate.
If you are talking about replacing transformers and electrical wires in the whole village, then it is very expensive. This will require coordination with energy organizations, fire departments, and will take a lot of time, but you will still have certain consumption limits. It is not profitable.

LOL, residents complaining is the source of the problem.

it is the voltage drop where lights flicker and dims and motors run weird since the ideal running voltage is too low.

miners should redistribute miners according to distribution transformers, if voltage start to drop to 200-205v in transformer A for homes number 1-10 then proceed to transformer B for homes 11-20 for expansion, or let the power company install a transformer if you can but that will probably get their attention to the mining operation.

FP91G

legendary

Activity: 1610

Merit: 1026

Quote from: joker_josue on January 02, 2023, 04:04:31 AM

Quote from: FP91G on January 01, 2023, 02:11:54 PM

There are regions in Russia with a price of 0.01-0.02 USD/EUR/kW, such as the Irkutsk region. In large-scale production, electricity prices are cheaper due to large consumption. Prices for citizens are regulated by the regulations of the energy commission in each region. And the price does not depend on the consumption of 100 kilowatts or 15,000 kilowatts. The problem of many villages in Russia is that there are very old transformers and if the miners turn on their mining farm, then the voltage in the electrical network drops. Residents are complaining, power engineers are starting to look for miners.

But in these cases, have the authorities shut down the miners? Are there fines or worse things going on?

What is the possibility that a benefactor miner wants to improve the locality's network? It's possible?

In regions with cheap electricity, villages are usually built to rent out to miners.
If the power engineers come with the police, they can confiscate the equipment. Then, through the court, the power engineers can force the miner to pay at the commercial rate.
If you are talking about replacing transformers and electrical wires in the whole village, then it is very expensive. This will require coordination with energy organizations, fire departments, and will take a lot of time, but you will still have certain consumption limits. It is not profitable.

swogerino

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Leading Crypto Sports Betting & Casino Platform

Quote from: fmz89 on January 03, 2023, 08:57:47 AM

Happy new years guys, still no coin profitable for mine, and my gpus began infected by fungus lol, some dead, gonna cleaned up with detergent and alcohol, rehoot with steam solder might life again as my knowledge, and market sideaway full of fear something big fall, many trader already withdraw some their fund, and some left to many exchanges for scalp trading as you know many exit pump in alt at this very moment

I think you should have done that the moment you turned your rigs off.You need to clean the dust and cover them with some robe,at least this is what I do to save them from unnecessary dust gathering which in turn makes them run hotter than they normally do.

Beside that we know that the market is not profitable still yet many are mining at a loss including myself because I believe in the long run profit for the upcoming bull run,now most coins have really low difficulty so in terms of crypto you can generate more.

fmz89

legendary

Activity: 1766

Merit: 1002

Happy new years guys, still no coin profitable for mine, and my gpus began infected by fungus lol, some dead, gonna cleaned up with detergent and alcohol, rehoot with steam solder might life again as my knowledge, and market sideaway full of fear something big fall, many trader already withdraw some their fund, and some left to many exchanges for scalp trading as you know many exit pump in alt at this very moment

joker_josue

legendary

Activity: 1638

Merit: 4508

**In BTC since 2013**

Quote from: FP91G on January 01, 2023, 02:11:54 PM

There are regions in Russia with a price of 0.01-0.02 USD/EUR/kW, such as the Irkutsk region. In large-scale production, electricity prices are cheaper due to large consumption. Prices for citizens are regulated by the regulations of the energy commission in each region. And the price does not depend on the consumption of 100 kilowatts or 15,000 kilowatts. The problem of many villages in Russia is that there are very old transformers and if the miners turn on their mining farm, then the voltage in the electrical network drops. Residents are complaining, power engineers are starting to look for miners.

But in these cases, have the authorities shut down the miners? Are there fines or worse things going on?

What is the possibility that a benefactor miner wants to improve the locality's network? It's possible?

swogerino

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Merit: 1233

Leading Crypto Sports Betting & Casino Platform

Quote from: FP91G on January 01, 2023, 02:11:54 PM

Quote from: swogerino on January 01, 2023, 08:36:17 AM

Quote from: joker_josue on December 31, 2022, 06:59:05 AM

Quote from: FP91G on December 31, 2022, 06:17:31 AM

In Russia, there are different tariffs for electricity for urban and rural residents. If you are in a village, then electricity is cheaper from 25 to 50%, but it depends on the region and on programs to help rural residents. If the house is registered for a pensioner with a disability, then this is another 30% subsidies. But the inspectors will have questions about why a pensioner spends 10,000-15000 kilowatts or more per month.

Real estate in the village is inexpensive, so the miners bought houses to install mining farms.

Russia has a large energy production capacity, either through oil or through gas. Therefore, it is normal for them to be able to present lower energy prices.
In addition, they have another very useful element for miners, which are low temperatures. This allows not having such high costs for cooling the equipment.

I think the cooling is a perfect element why miners there can run their farms without additional cooling costs or devices most of the time,the temperatures in winter are often below zero there.For the energy they should have much cheaper than 0.05 usd/eur/kw as they have a huge capacity in energy production,they were serving all of Europe before they decided it is time to just invade another independent country bordering them and from then Europe has put a lot of sanctions greatly reducing their relying on Russian energy,now that this happened for 2023 they should have energy price of 0.01-0.02 usd/eur/kw which should further incentive miners to even running their rigs when we are in the deepest of the crypto winter stage.

There are regions in Russia with a price of 0.01-0.02 USD/EUR/kW, such as the Irkutsk region. In large-scale production, electricity prices are cheaper due to large consumption. Prices for citizens are regulated by the regulations of the energy commission in each region. And the price does not depend on the consumption of 100 kilowatts or 15,000 kilowatts. The problem of many villages in Russia is that there are very old transformers and if the miners turn on their mining farm, then the voltage in the electrical network drops. Residents are complaining, power engineers are starting to look for miners.

There are quite a lot of similarities between the villages in Russia and those in the country where I live in despite us being several thousand kilometers of distance from each other.In here also the transformers are old enough but the electricity is much more expensive than those in Russia being at 0.09-0.10 usd/eur/kw and at these ranges no one is interested to set up a mining farm there.

Interesting enough the houses there cost a maximum of 2000 dollars,yes that cheap,it is relatively cold as they are near the mountains bordering another country yet the electricity price does not make it attractive,funny how things differ from country to country.

I think what we need and I think Russia can afford that too,is Wind Turbines powered energy,it can be the game changer for anyone who want to set up a mining farm at minimal cost.

FP91G

legendary

Activity: 1610

Merit: 1026

Quote from: swogerino on January 01, 2023, 08:36:17 AM

Quote from: joker_josue on December 31, 2022, 06:59:05 AM

Quote from: FP91G on December 31, 2022, 06:17:31 AM

In Russia, there are different tariffs for electricity for urban and rural residents. If you are in a village, then electricity is cheaper from 25 to 50%, but it depends on the region and on programs to help rural residents. If the house is registered for a pensioner with a disability, then this is another 30% subsidies. But the inspectors will have questions about why a pensioner spends 10,000-15000 kilowatts or more per month.

Real estate in the village is inexpensive, so the miners bought houses to install mining farms.

Russia has a large energy production capacity, either through oil or through gas. Therefore, it is normal for them to be able to present lower energy prices.
In addition, they have another very useful element for miners, which are low temperatures. This allows not having such high costs for cooling the equipment.

I think the cooling is a perfect element why miners there can run their farms without additional cooling costs or devices most of the time,the temperatures in winter are often below zero there.For the energy they should have much cheaper than 0.05 usd/eur/kw as they have a huge capacity in energy production,they were serving all of Europe before they decided it is time to just invade another independent country bordering them and from then Europe has put a lot of sanctions greatly reducing their relying on Russian energy,now that this happened for 2023 they should have energy price of 0.01-0.02 usd/eur/kw which should further incentive miners to even running their rigs when we are in the deepest of the crypto winter stage.

There are regions in Russia with a price of 0.01-0.02 USD/EUR/kW, such as the Irkutsk region. In large-scale production, electricity prices are cheaper due to large consumption. Prices for citizens are regulated by the regulations of the energy commission in each region. And the price does not depend on the consumption of 100 kilowatts or 15,000 kilowatts. The problem of many villages in Russia is that there are very old transformers and if the miners turn on their mining farm, then the voltage in the electrical network drops. Residents are complaining, power engineers are starting to look for miners.

swogerino

legendary

Activity: 3136

Merit: 1233

Leading Crypto Sports Betting & Casino Platform

Quote from: joker_josue on December 31, 2022, 06:59:05 AM

Quote from: FP91G on December 31, 2022, 06:17:31 AM

In Russia, there are different tariffs for electricity for urban and rural residents. If you are in a village, then electricity is cheaper from 25 to 50%, but it depends on the region and on programs to help rural residents. If the house is registered for a pensioner with a disability, then this is another 30% subsidies. But the inspectors will have questions about why a pensioner spends 10,000-15000 kilowatts or more per month.

Real estate in the village is inexpensive, so the miners bought houses to install mining farms.

Russia has a large energy production capacity, either through oil or through gas. Therefore, it is normal for them to be able to present lower energy prices.
In addition, they have another very useful element for miners, which are low temperatures. This allows not having such high costs for cooling the equipment.

I think the cooling is a perfect element why miners there can run their farms without additional cooling costs or devices most of the time,the temperatures in winter are often below zero there.For the energy they should have much cheaper than 0.05 usd/eur/kw as they have a huge capacity in energy production,they were serving all of Europe before they decided it is time to just invade another independent country bordering them and from then Europe has put a lot of sanctions greatly reducing their relying on Russian energy,now that this happened for 2023 they should have energy price of 0.01-0.02 usd/eur/kw which should further incentive miners to even running their rigs when we are in the deepest of the crypto winter stage.

joker_josue

legendary

Activity: 1638

Merit: 4508

**In BTC since 2013**

Quote from: FP91G on December 31, 2022, 06:17:31 AM

In Russia, there are different tariffs for electricity for urban and rural residents. If you are in a village, then electricity is cheaper from 25 to 50%, but it depends on the region and on programs to help rural residents. If the house is registered for a pensioner with a disability, then this is another 30% subsidies. But the inspectors will have questions about why a pensioner spends 10,000-15000 kilowatts or more per month.

Real estate in the village is inexpensive, so the miners bought houses to install mining farms.

Russia has a large energy production capacity, either through oil or through gas. Therefore, it is normal for them to be able to present lower energy prices.
In addition, they have another very useful element for miners, which are low temperatures. This allows not having such high costs for cooling the equipment.

FP91G

legendary

Activity: 1610

Merit: 1026

Quote from: rdluffy on December 30, 2022, 10:13:44 AM

It's a good decision too, keeping the cards to the next mining season.
In my opinion, If I had 0.05c electricity, I would mine ETC and RVN to hold until a possible bull run next years.

But you make me curious, your farm is not on your home?
In this case I agree with you, it's not worth the work to keep mining.

In Russia, there are different tariffs for electricity for urban and rural residents. If you are in a village, then electricity is cheaper from 25 to 50%, but it depends on the region and on programs to help rural residents. If the house is registered for a pensioner with a disability, then this is another 30% subsidies. But the inspectors will have questions about why a pensioner spends 10,000-15000 kilowatts or more per month.

Real estate in the village is inexpensive, so the miners bought houses to install mining farms.

mindrust

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Quote from: rdluffy on December 19, 2022, 10:20:26 AM

After this very turbulent year, what are your plans for the coming year?

I had to sell most of my gpus, I managed to sell for a reasonable price, it wasn't at the peak, but it was good.
The price of electricity increased, the ETH POW ended, and the price plummeted.
But I have already witnessed these market changes and I know that things can change quickly, new minable coins can emerge, prices can skyrocket and we have to stay alert to catch the best timing possible.

Here I still have my PSUs, processors, risers and more, ready for a possible comeback.
I'm following the 4080 and look forward to see how much the RTX 4060 Ti will cost. I don't have any RTX 4xxx series yet.

And another important thing I learned in the market: always have a plan, optimistic and pessimistic, so you can take better advantage of the market.
Without a plan you can end up with a bag of worthless coins and/or be left out of a good opportunity.

I know I won't be mining any crypto. There are lots of other more productive jobs I can do instead of buying and running GPU's. When you think about it mining isn't a viable/productive business at all. I'd rather buy and hold crypto and do something else with the free time I get. ETH's move towards PoS was devastating for the miners too. It doesn't make any sense to insist on reviving a dead industry. Just find yourself another job.

Maybe build yourself an online crypto casino. It makes more sense than mining crypto imo.

swogerino

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Quote from: joker_josue on December 31, 2022, 04:49:12 AM

Quote from: swogerino on December 31, 2022, 04:12:42 AM

I think we mean literally clean the "weapons" here as we need to remove the dust that they have accumulated from all that heavy mining that they have done during all the 2020-2021 year,they need to be taken care in the most careful way so they are ready to fight when the next "war" comes,I think the next "war" we will fight we all agree is the other new all time high we all expect at 2024-2025 but which can caught us all by surprise if it happens as soon as this very upcoming year 2023.

I think that if economic life continues to tighten in Europe, we will have the year 2023 of stagnation, where nothing will stand out.
But it's good if it's different, we're here to enjoy it. Tongue

For this we have to thank Russia with their idiotic senseless war against Ukraine.The good thing is that they are losing and prices have stabilized in most of Europe,also the hiring is on the rise in Europe which was stagnant in the first months of war so I think we are good.I know that the central banks both in US and Europe want to make it look like we have hyperinflation and they are raising interest rates to contain this but I think they are bluffing,we will see a much more stabilized Eurozone economy in the 2023.We will enjoy it for sure.

joker_josue

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Quote from: swogerino on December 31, 2022, 04:12:42 AM

I think we mean literally clean the "weapons" here as we need to remove the dust that they have accumulated from all that heavy mining that they have done during all the 2020-2021 year,they need to be taken care in the most careful way so they are ready to fight when the next "war" comes,I think the next "war" we will fight we all agree is the other new all time high we all expect at 2024-2025 but which can caught us all by surprise if it happens as soon as this very upcoming year 2023.

I think that if economic life continues to tighten in Europe, we will have the year 2023 of stagnation, where nothing will stand out.
But it's good if it's different, we're here to enjoy it. Tongue

swogerino

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: joker_josue on December 30, 2022, 11:37:02 AM

Quote from: rdluffy on December 30, 2022, 10:13:44 AM

Quote from: FP91G on December 30, 2022, 07:25:27 AM

What coins would you mine and on what video cards? My old GTX1070 and GTX1080 graphics cards are on sale now, GeForce RTX 2070 will give me $5 profit per card per month. It is unprofitable, and if I have to go to the village to maintain the farm, then my profit will be very small. I decided to keep these graphics cards in good condition until next season.

It's a good decision too, keeping the cards to the next mining season.
In my opinion, If I had 0.05c electricity, I would mine ETC and RVN to hold until a possible bull run next years.

But you make me curious, your farm is not on your home?
In this case I agree with you, it's not worth the work to keep mining.

As they say: it's time to clean the "weapons" for the next battle. In this case GPUs are the next wave of mining. Roll Eyes

I think we mean literally clean the "weapons" here as we need to remove the dust that they have accumulated from all that heavy mining that they have done during all the 2020-2021 year,they need to be taken care in the most careful way so they are ready to fight when the next "war" comes,I think the next "war" we will fight we all agree is the other new all time high we all expect at 2024-2025 but which can caught us all by surprise if it happens as soon as this very upcoming year 2023.

joker_josue

legendary

Activity: 1638

Merit: 4508

**In BTC since 2013**

Quote from: rdluffy on December 30, 2022, 10:13:44 AM

Quote from: FP91G on December 30, 2022, 07:25:27 AM

What coins would you mine and on what video cards? My old GTX1070 and GTX1080 graphics cards are on sale now, GeForce RTX 2070 will give me $5 profit per card per month. It is unprofitable, and if I have to go to the village to maintain the farm, then my profit will be very small. I decided to keep these graphics cards in good condition until next season.

It's a good decision too, keeping the cards to the next mining season.
In my opinion, If I had 0.05c electricity, I would mine ETC and RVN to hold until a possible bull run next years.

But you make me curious, your farm is not on your home?
In this case I agree with you, it's not worth the work to keep mining.

As they say: it's time to clean the "weapons" for the next battle. In this case GPUs are the next wave of mining. Roll Eyes

rdluffy

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Quote from: joker_josue on December 29, 2022, 08:52:52 AM

We are two! We have to take advantage of the fact that we have good GPUs. Tongue

It's always good to unwind with a good PC game.

It's good because there's tons of games to play and they are cheaper now since it's not new anymore Cheesy

Quote from: FP91G on December 30, 2022, 07:25:27 AM

What coins would you mine and on what video cards? My old GTX1070 and GTX1080 graphics cards are on sale now, GeForce RTX 2070 will give me $5 profit per card per month. It is unprofitable, and if I have to go to the village to maintain the farm, then my profit will be very small. I decided to keep these graphics cards in good condition until next season.

It's a good decision too, keeping the cards to the next mining season.
In my opinion, If I had 0.05c electricity, I would mine ETC and RVN to hold until a possible bull run next years.

But you make me curious, your farm is not on your home?
In this case I agree with you, it's not worth the work to keep mining.

Topic: What are your plans for the coming year? - page 2. (Read 839 times)