Topic: What are your plans for the coming year? (Read 916 times)
Watching many beatish analysis guy missing the train and half of them became full fomoing to 30k, makes me sad about their reputation that last month waiting for 6-10k btc, and still shorting bnb till this day, sad boys, bad news isnt come sooner than they expected
There may plans that I am going to consider and these are described below as follows,
1. I want to have at least 2 or 3 Bitcoin mining.mschijes that could generate Upto 5 dollars per day and I do not know.if that's can happen or not but still that's my Desire and than I will be able to free and make some good chunk of money too.
1. I want to have at least 2 or 3 Bitcoin mining.mschijes that could generate Upto 5 dollars per day and I do not know.if that's can happen or not but still that's my Desire and than I will be able to free and make some good chunk of money too.
I suggest you do this as who knows what happens after a couple of years,we should not miss the second train to Ethereum which I think would be either ETHW most likely or in a rare case the ETHF.
I have to seriously think about it, at least to try to get a little bit of various coins together. Time is not much for large research. But, I have to do a bunch of coins and try to mine some.
The most annoying part of all this is creating a wallet for the various coins and registering for pools. But then we can't want everything our way.
For mining these coins do not use video cards. philipma1957 uses asics.
Now asics are much more profitable than mining on video cards, but the history of mining tells us that this may change. But maybe you need to wait another 1 year.
Now asics are much more profitable than mining on video cards, but the history of mining tells us that this may change. But maybe you need to wait another 1 year.
You're absolutely right... I forgot those coins are script. Sorry.
For the GPU mining you can still try to mine or dual mine ETHW+ZIL or ETHF+ZIL as some of the best option which of course now you only mine them at a loss but in a longer term like from 1-2 years from now this is a sure move to make you profit,patience is key in the GPU mining right now.
What I already thought about was putting my 3060 Ti, mining a different currency every week, to add a little bit of various coins. This is in anticipation of something going up. But I haven't done any of that yet, lack of patience.
I have exactly my 3060 Ti plus 2060 12 GB version mining the above coins,the hash rate is near 100 Mhsh so I am rounding it to that and I love to collect any type of such coins,more likely I like the Zil beside Ethw or Ethf,in fact I stopped mining Ethf as I didn't see a strong community behind them and just mined like 10 of them in case anything big happens.These are my GPU coins,I also am mining CPU coins,mainly Raptoreum,I have big hopes for this coin so the more I can get up to the next bull run the merrier.
I suggest you do this as who knows what happens after a couple of years,we should not miss the second train to Ethereum which I think would be either ETHW most likely or in a rare case the ETHF.
For mining these coins do not use video cards. philipma1957 uses asics.
Now asics are much more profitable than mining on video cards, but the history of mining tells us that this may change. But maybe you need to wait another 1 year.
Now asics are much more profitable than mining on video cards, but the history of mining tells us that this may change. But maybe you need to wait another 1 year.
You're absolutely right... I forgot those coins are script. Sorry.
For the GPU mining you can still try to mine or dual mine ETHW+ZIL or ETHF+ZIL as some of the best option which of course now you only mine them at a loss but in a longer term like from 1-2 years from now this is a sure move to make you profit,patience is key in the GPU mining right now.
What I already thought about was putting my 3060 Ti, mining a different currency every week, to add a little bit of various coins. This is in anticipation of something going up. But I haven't done any of that yet, lack of patience.
merge mining ltc +doge
I have 37gh pulling in 111 usd in ltc and doge
about .4 ltc and 800 doge every day.
I have 37gh pulling in 111 usd in ltc and doge
about .4 ltc and 800 doge every day.
How many GPUs do you have mining those coins?
What is your kw cost?
Right now it looks like only the Asics who can perform scrypt which is the hash algorithm of Dogecoin and Litecoin seems profitable but only when you have them like this in large scale and on cheap electricity.I think that is the best thing to do which philipma is doing mining a lot of Litecon and Doge daily,he can of course exchange it to any coin he wish with an exchange or in a wallet with the exchange function built in like Atomic wallet.
For the GPU mining you can still try to mine or dual mine ETHW+ZIL or ETHF+ZIL as some of the best option which of course now you only mine them at a loss but in a longer term like from 1-2 years from now this is a sure move to make you profit,patience is key in the GPU mining right now.
merge mining ltc +doge
I have 37gh pulling in 111 usd in ltc and doge
about .4 ltc and 800 doge every day.
I have 37gh pulling in 111 usd in ltc and doge
about .4 ltc and 800 doge every day.
How many GPUs do you have mining those coins?
What is your kw cost?
Now asics are much more profitable than mining on video cards, but the history of mining tells us that this may change. But maybe you need to wait another 1 year.
merge mining ltc +doge
I have 37gh pulling in 111 usd in ltc and doge
about .4 ltc and 800 doge every day.
I have 37gh pulling in 111 usd in ltc and doge
about .4 ltc and 800 doge every day.
How many GPUs do you have mining those coins?
What is your kw cost?
By chance, I recently saw an image about this:
Source: https://www.reddit.com/r/pcmasterrace/comments/1058efe/fungus_growing_out_of_a_gpu/
Source: https://www.reddit.com/r/pcmasterrace/comments/1058efe/fungus_growing_out_of_a_gpu/
I confess that when I saw his post I also googled it and saw this aberration hehehe
I doubt his GPUs have reached this level, so I got curious and hope he shows some pictures to see how it turned out.
Anyone excited here?
It seems that the Bear Market wants to give signs that it might be ending, maybe in a few months we can dream about earning something by mining once again
Let's hope BTC can reach at least something like 40k and push up minable coins like ETC and RVN
Anyone here mining DOGE?
Is it profitable right now after the mini pump?
merge mining ltc +doge
I have 37gh pulling in 111 usd in ltc and doge
about .4 ltc and 800 doge every day.
By chance, I recently saw an image about this:
Source: https://www.reddit.com/r/pcmasterrace/comments/1058efe/fungus_growing_out_of_a_gpu/
Source: https://www.reddit.com/r/pcmasterrace/comments/1058efe/fungus_growing_out_of_a_gpu/
I confess that when I saw his post I also googled it and saw this aberration hehehe
I doubt his GPUs have reached this level, so I got curious and hope he shows some pictures to see how it turned out.
Anyone excited here?
It seems that the Bear Market wants to give signs that it might be ending, maybe in a few months we can dream about earning something by mining once again
Let's hope BTC can reach at least something like 40k and push up minable coins like ETC and RVN
Anyone here mining DOGE?
Is it profitable right now after the mini pump?
10k houses with 15-30kw capacity, wow, cheap houses and lots of electricity. If you get lucky in crypto you might own a lot of houses in different villages hehe.
Don't share too much, governments might hunt miners when central bank digital currencies rolls out.
I do not use 15 kilowatts, because there is a risk of attracting attention to myself and thieves can rob the house. 1 kilowatt is 6-10 video cards in a mining farm, 15 kilowatts is 90-150 video cards worth from $40,000. Now there is nothing to mining.Don't share too much, governments might hunt miners when central bank digital currencies rolls out.
Please do not be insulted, but I am picturing an old movie with a few dozen people with pitchforks and torches. instead of going after Frankenstein’s Monster they are going after s19s.
"All this would be funny.If only it wasn't so sad." Said the famous Russian writer Mikhail Lermontov in the 19th century 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?
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.
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
Please do not be insulted, but I am picturing an old movie with a few dozen people with pitchforks and torches. instead of going after Frankenstein’s Monster they are going after s19s.
Hey fmz89, I've never seen a GPU with fungus hehehe, did you take any pictures?
Can you share with us? I'm very curious now
Do you live in a very humid city?
Can you share with us? I'm very curious now
Do you live in a very humid city?
By chance, I recently saw an image about this:
Source: https://www.reddit.com/r/pcmasterrace/comments/1058efe/fungus_growing_out_of_a_gpu/
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?
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.
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'm no power engineer but i think 330 KW and 60-100 houses, math does not check out, that's 5.5 kw per house(at 60 houses), too low even before you put the 20% allowance (4.4kw), an electric kettle is already going for 2kw.
The wiring too has a problem after going out of 330kw transformer that wire has to be very thick and then spliced to smaller wires before reaching houses.
I believe the logical distribution transformer is 25-75kva, 330kw must be before the distribution transformers.
190v is where things starts to get fucked up, i can imagine those angry ignorant villagers on the riot LOL.
10k houses with 15-30kw capacity, wow, cheap houses and lots of electricity. If you get lucky in crypto you might own a lot of houses in different villages hehe.
Don't share too much, governments might hunt miners when central bank digital currencies rolls out.
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
Hey fmz89, I've never seen a GPU with fungus hehehe, did you take any pictures?
Can you share with us? I'm very curious now
Do you live in a very humid city?
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.
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.
I live in a hot city, far away from sea and umidity, but there's lot of dust here, and when I turn off something I always cover with the original package to avoid such issues.
I know some people who lives on the coast and they need to protect the GPUs with special product like WD 40 to avoid rust.
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?
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.
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'm no power engineer but i think 330 KW and 60-100 houses, math does not check out, that's 5.5 kw per house(at 60 houses), too low even before you put the 20% allowance (4.4kw), an electric kettle is already going for 2kw.
The wiring too has a problem after going out of 330kw transformer that wire has to be very thick and then spliced to smaller wires before reaching houses.
I believe the logical distribution transformer is 25-75kva, 330kw must be before the distribution transformers.
190v is where things starts to get fucked up, i can imagine those angry ignorant villagers on the riot LOL.
~~
It is true. But, he believes that the problem of the electrical network is not only in Russia, but in the vast majority of European countries.
Speaking to some electrical technicians, there is a big problem that many have overlooked with the promotion of electric cars. Few locations are prepared to have 200 or 300 electric cars charging at the same time. The infrastructures are not prepared for such a high load, both in terms of transformers and cabling.
If you don't start changing the infrastructure, many places will have electrical problems.
I'm no power engineer but i think 330 KW and 60-100 houses, math does not check out, that's 5.5 kw per house(at 60 houses), too low even before you put the 20% allowance (4.4kw), an electric kettle is already going for 2kw.
The wiring too has a problem after going out of 330kw transformer that wire has to be very thick and then spliced to smaller wires before reaching houses.
I believe the logical distribution transformer is 25-75kva, 330kw must be before the distribution transformers.
190v is where things starts to get fucked up, i can imagine those angry ignorant villagers on the riot LOL.
The wiring too has a problem after going out of 330kw transformer that wire has to be very thick and then spliced to smaller wires before reaching houses.
I believe the logical distribution transformer is 25-75kva, 330kw must be before the distribution transformers.
190v is where things starts to get fucked up, i can imagine those angry ignorant villagers on the riot LOL.
Well, it depends on how many transformers the village has.
But unfortunately, I believe that in very poor regions this happens, greatly limiting the use of electricity. Making it so that a stranger starts consuming a lot of energy, creating an unpleasantness in the community.
In the electrical connection, everything counts, from the transformer to the wires. If everything is very old, even in theory it may have a lot of capacity, but in practice this is not the case.
Regrettably, the greed of companies wanting more profits, means that they do not renew the electrical installations in the localities and the problems will be felt over the years.
what i mean is 330kw is more like a substation transformer than distribution transformers.
another thing with one transformer for 60-100 houses, if there is a failure there will be a bigger outage.
what i'm pointing out earlier is the distribution transformers is the A, B, C, that should be distributed with miners to prevent voltage drop to 200v.. yes it will drop if the substation got too loaded from distribution transformers A, B, C, D, E, F, G. spreading load to A, B, C, will maximize mining operations, overloading transformer A will make people from transformer A riot hehe.
the wires of 330KW as i pointed out is 300 MCM if copper and 500 MCM for aluminum, typical houses are just AWG 4 and 6, maybe AWG 8 too. the chart (https://www.encorewire.com/products/tools-and-resources/calculators/wire-size-table.html)will show you that those thick wires are in the substation and not in the poles where houses are built.
I'm no power engineer but i think 330 KW and 60-100 houses, math does not check out, that's 5.5 kw per house(at 60 houses), too low even before you put the 20% allowance (4.4kw), an electric kettle is already going for 2kw.
The wiring too has a problem after going out of 330kw transformer that wire has to be very thick and then spliced to smaller wires before reaching houses.
I believe the logical distribution transformer is 25-75kva, 330kw must be before the distribution transformers.
190v is where things starts to get fucked up, i can imagine those angry ignorant villagers on the riot LOL.
The wiring too has a problem after going out of 330kw transformer that wire has to be very thick and then spliced to smaller wires before reaching houses.
I believe the logical distribution transformer is 25-75kva, 330kw must be before the distribution transformers.
190v is where things starts to get fucked up, i can imagine those angry ignorant villagers on the riot LOL.
Well, it depends on how many transformers the village has.
But unfortunately, I believe that in very poor regions this happens, greatly limiting the use of electricity. Making it so that a stranger starts consuming a lot of energy, creating an unpleasantness in the community.
In the electrical connection, everything counts, from the transformer to the wires. If everything is very old, even in theory it may have a lot of capacity, but in practice this is not the case.
Regrettably, the greed of companies wanting more profits, means that they do not renew the electrical installations in the localities and the problems will be felt over the years.
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?
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.
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'm no power engineer but i think 330 KW and 60-100 houses, math does not check out, that's 5.5 kw per house(at 60 houses), too low even before you put the 20% allowance (4.4kw), an electric kettle is already going for 2kw.
The wiring too has a problem after going out of 330kw transformer that wire has to be very thick and then spliced to smaller wires before reaching houses.
I believe the logical distribution transformer is 25-75kva, 330kw must be before the distribution transformers.
190v is where things starts to get fucked up, i can imagine those angry ignorant villagers on the riot LOL.
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.
Neighbors can be worse than the authorities themselves. It's best not to make them nervous.
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?
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.
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
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.
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.
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?
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.
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?
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.
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.
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
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 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.
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 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.
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.
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.
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.
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.
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.
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.
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. 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.
Real estate in the village is inexpensive, so the miners bought houses to install mining farms.
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 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.
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.
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.
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.
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.
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.
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.
We are two! We have to take advantage of the fact that we have good GPUs.
It's always good to unwind with a good PC game.
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
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.
These are not the highest prices in Europe that I have heard of. I have less than $0.05 due to the fact that the dollar has risen against the ruble again, but mining is unprofitable. If there is no cheap electricity in Europe, then many miners will sell their video cards.
With $0.05 kWh I think I would be mining with more cards right now
That is a good thing to do,I am also following your advice,have turned off most of my cards and just keep 100 Mhsh of mining at loss these low difficulty coins which I am so far pleased with the results,speaking of the amount of coins I make daily,weekly and monthly.All other cards that I have powerful and not powerful I have readily available when the next bull run will come so I can directly start mining again without any new investment and I think this is the best thing to do seeing that the 4000 series from Nvidia and 7000 series from AMD do not offer a whole lot of improvement over the previous generation.
I have already purchased RTX 4090, so I don't really expect surprises in 2023 for myself in terms of acquiring future Nvidia cards, if only to expect the release of RTX 4090Ti, it was interesting to see what they would do.
I hope you bought it for games and not for earning 40 cents a day.Of course, mainly for games in 4k resolution, but sometimes I just test rtx4090 in different coins, but mostly it works on ssc mining since you can get about $0.9 a day there since the number of miners is not large.
Be careful with that and do occasional checks every now and then so you don't risk it to melt the connectors as there are a lot of such cases with the 4090 card.I like that you also use it for mining,those 0.9 daily now in the deepest part of the crypto winter can be like 90 daily in the next huge bull run hopefully and if it is not 90 I am pretty sure it will be at least 20-30 daily with that rate.
I would also occasionally mine low difficulty coins with it just to collect some,you have this luxury,that card permits it truly in a marvelous way because of the hash rate it has.
Thanks for the reminder, I know about this problem, so I periodically monitor the temperature of the 12 pin rtx 4090 power connector and note that its temperature does not differ from the temperature inside the case, so for now the card pleases.
These are not the highest prices in Europe that I have heard of. I have less than $0.05 due to the fact that the dollar has risen against the ruble again, but mining is unprofitable. If there is no cheap electricity in Europe, then many miners will sell their video cards.
With $0.05 kWh I think I would be mining with more cards right now
I don't know you guys but I'm finally playing some PC games after some years only mining with my cards hehehe
I used to play in PC, but after the profits of mining I always thought about losing money.
I used to play in PC, but after the profits of mining I always thought about losing money.
We are two! We have to take advantage of the fact that we have good GPUs.
It's always good to unwind with a good PC game.
Of course, mainly for games in 4k resolution, but sometimes I just test rtx4090 in different coins, but mostly it works on ssc mining since you can get about $0.9 a day there since the number of miners is not large.
What is ssc mining?
0.9 a day is not bad at all at recent market conditions
Depending on the type of contract, the values are around 0.16~0.19€/kWh.
It's almost the same as mine, here it's something like 0.20 USD kWh
These are not the highest prices in Europe that I have heard of. I have less than $0.05 due to the fact that the dollar has risen against the ruble again, but mining is unprofitable. If there is no cheap electricity in Europe, then many miners will sell their video cards.
With $0.05 kWh I think I would be mining with more cards right now
I don't know you guys but I'm finally playing some PC games after some years only mining with my cards hehehe
I used to play in PC, but after the profits of mining I always thought about losing money.
on average the price in europe is 0.30, a very expensive price for mining.
I'm also mining DASH, hoping it has a good recovery at the next bull.
I'm also mining DASH, hoping it has a good recovery at the next bull.
What are the electricity rates in Portugal?
Depending on the type of contract, the values are around 0.16~0.19€/kWh.
I have already purchased RTX 4090, so I don't really expect surprises in 2023 for myself in terms of acquiring future Nvidia cards, if only to expect the release of RTX 4090Ti, it was interesting to see what they would do.
I hope you bought it for games and not for earning 40 cents a day.Of course, mainly for games in 4k resolution, but sometimes I just test rtx4090 in different coins, but mostly it works on ssc mining since you can get about $0.9 a day there since the number of miners is not large.
I have already purchased RTX 4090, so I don't really expect surprises in 2023 for myself in terms of acquiring future Nvidia cards, if only to expect the release of RTX 4090Ti, it was interesting to see what they would do.
I hope you bought it for games and not for earning 40 cents a day.Of course, mainly for games in 4k resolution, but sometimes I just test rtx4090 in different coins, but mostly it works on ssc mining since you can get about $0.9 a day there since the number of miners is not large.
Be careful with that and do occasional checks every now and then so you don't risk it to melt the connectors as there are a lot of such cases with the 4090 card.I like that you also use it for mining,those 0.9 daily now in the deepest part of the crypto winter can be like 90 daily in the next huge bull run hopefully and if it is not 90 I am pretty sure it will be at least 20-30 daily with that rate.
I would also occasionally mine low difficulty coins with it just to collect some,you have this luxury,that card permits it truly in a marvelous way because of the hash rate it has.
I have already purchased RTX 4090, so I don't really expect surprises in 2023 for myself in terms of acquiring future Nvidia cards, if only to expect the release of RTX 4090Ti, it was interesting to see what they would do.
I hope you bought it for games and not for earning 40 cents a day.Of course, mainly for games in 4k resolution, but sometimes I just test rtx4090 in different coins, but mostly it works on ssc mining since you can get about $0.9 a day there since the number of miners is not large.
What are the electricity rates in Portugal?
Depending on the type of contract, the values are around 0.16~0.19€/kWh.
I have already purchased RTX 4090, so I don't really expect surprises in 2023 for myself in terms of acquiring future Nvidia cards, if only to expect the release of RTX 4090Ti, it was interesting to see what they would do.
I hope you bought it for games and not for earning 40 cents a day.I unfortunately had to take a break from mining, as the rising cost of energy in Portugal is high and does not make up for mining.
What are the electricity rates in Portugal?So far I have decided to sell some of the old video cards, but have not yet decided what to buy from the new models. Mining on video cards now brings more problems than profits.
Even if energy is expensive,for just a couple of months I think we can afford it,to mine at a loss or you can buy the coins if you don't feel like mining.
If the person really wants to make this type of investment, it might be an idea. Now the person has to check whether the money spent on energy would not be better spent on buying Bitcoin.
I unfortunately had to take a break from mining, as the rising cost of energy in Portugal is high and does not make up for mining.
Even so, if the market remains more or less the same as it is now, in the spring it may make some incursions into mining, at least to accumulate some coins from various projects.
I have already purchased RTX 4090, so I don't really expect surprises in 2023 for myself in terms of acquiring future Nvidia cards, if only to expect the release of RTX 4090Ti, it was interesting to see what they would do.
I believe the team behind the project is a really good one and that is not only my opinion but many crypto enthusiasts think that they have the capability of doing so.They have promised us at least 2-3 programming languages on top of RTM where developers will be able to build apps and that when it is going to be implemented I think that the price should directly pass that ridiculous amount that is now and should be about 0.10 dollars as a minimum.
And my personal advice to you is that not using a 5900x to mine RTM is not a good option,keep in mind that as computer parts the processors are the ones who almost never fail no matter how hard you go on them,so you are missing out of a lot of RTM by not mining with it.
And my personal advice to you is that not using a 5900x to mine RTM is not a good option,keep in mind that as computer parts the processors are the ones who almost never fail no matter how hard you go on them,so you are missing out of a lot of RTM by not mining with it.
Good to know that, I'll research more about RTM development.
Which processor are you using for mining? How about the CPU fan?
As I said I have a Ryzen 5900x, and I'm using a Deepcool Gammaxx 400 V2, it's an air cooler, but I think it's not good enough to keep running 24h mining, this cpu is not so easy to keep cool.
I agree when you said about the lifespan of CPU. I've never had any problems with any CPU, never
From june 2022 already shutdown all my gpus and wont sell it. New gpu wont leap performance in mining hashrate. They only focused in gaming performance, so old gpus still doing fine in next bullrun, but i don’t expect more profitable than last cycle, many gpu mineable will fade away cause electric concern, but yeah at current market 3000 series really cheap, might get some later in the road, scalp trading like hot potatoes is the best i can do for now…
Why shutdown your rigs when you believe in the next bull run,why not take profit by mining for a couple of months some low difficulty coins like EthereumFair or EthereumPow and leave them standing,if the next bull run will bring really good price for Bitcoin which I personally believe it will be in the 100.000 mark without a doubt this time,I can only imagine these mentioned coins here at least 200-500 dollars each,so why not taking profit from such opportunity.
Even if energy is expensive,for just a couple of months I think we can afford it,to mine at a loss or you can buy the coins if you don't feel like mining.
From june 2022 already shutdown all my gpus and wont sell it. New gpu wont leap performance in mining hashrate. They only focused in gaming performance, so old gpus still doing fine in next bullrun, but i don’t expect more profitable than last cycle, many gpu mineable will fade away cause electric concern, but yeah at current market 3000 series really cheap, might get some later in the road, scalp trading like hot potatoes is the best i can do for now…
Interesting, I didn't try ETHW.
The cpu I'm using right now (Ryzen 5900x) I bought to mine Raptoreum, but I didn't like the results, so I'm not using my CPU to mine anymore.
Do you expect a pump on RTM coin or there is good development happening?
Right now the price is $0.001805
The cpu I'm using right now (Ryzen 5900x) I bought to mine Raptoreum, but I didn't like the results, so I'm not using my CPU to mine anymore.
Do you expect a pump on RTM coin or there is good development happening?
Right now the price is $0.001805
I believe the team behind the project is a really good one and that is not only my opinion but many crypto enthusiasts think that they have the capability of doing so.They have promised us at least 2-3 programming languages on top of RTM where developers will be able to build apps and that when it is going to be implemented I think that the price should directly pass that ridiculous amount that is now and should be about 0.10 dollars as a minimum.
And my personal advice to you is that not using a 5900x to mine RTM is not a good option,keep in mind that as computer parts the processors are the ones who almost never fail no matter how hard you go on them,so you are missing out of a lot of RTM by not mining with it.
I am following only two coins ETHW and RTM-Raptoreum a CPU mineable coin,beside working when I have time in some sites and get paid in Litecoin,I am mining those two coins,it is mostly a gamble but in our time now I don't see any better gamble than ETHW for GPU-s and RTM for CPU-s so I am accumulating as much as I can no matter how things end up after sometime.
I believe in the most pessimistic of happenings that RTM will surely hit at least 0.50-1 USD in the next bull run and until then I hope to have about 250.000 of them or a minimum of 100.000 for sure,for ETHW I just mine blindly as there is nothing else left to do but this is my plan in such bad times.
I believe in the most pessimistic of happenings that RTM will surely hit at least 0.50-1 USD in the next bull run and until then I hope to have about 250.000 of them or a minimum of 100.000 for sure,for ETHW I just mine blindly as there is nothing else left to do but this is my plan in such bad times.
Interesting, I didn't try ETHW.
The cpu I'm using right now (Ryzen 5900x) I bought to mine Raptoreum, but I didn't like the results, so I'm not using my CPU to mine anymore.
Do you expect a pump on RTM coin or there is good development happening?
Right now the price is $0.001805
I turned off the equipment and wait for a new opportunity. Most old graphics cards will probably not be much inferior in profit to new graphics cards like RTX 4060. My plus is that I will turn my equipment back on if mining is profitable. The maximum investment is a new SIM card for the Internet. My equipment has already paid for itself. But new miners will need to buy new video cards again.
Old gpus will be inferior in profits, but if we get a bull run + a mineable coin pumping, maybe we'll have a chance, like until last year people were making profits with Polaris cards, 2 generations older.
It's a pain to buy all the cards again, and hard to predict when to buy, but last time I was lucky, I bought at good time, I paid MSRP prices, mined some time, and I was able to sell most of my cards in profits.
That was a time when I sold some cards because the profits I had I would need to spend 1 year mining, so I prefer to sell and have some cash in my pockets
By 8 am in the morning I already have 1200 watts available and by 1pm I am always at 5600watt in a not too sunny days , my setup is 6000 watt combined and my graphic cards don't consume much energy, I have been running the rigs since 2022 January, I don't bother you mine at night I use the backup for other thing, not worth running on battery since it's not even profitable.
Interesting approach.
Isn't it a lot of work to turn the rig on and off every day?
Do you let the rig turn itself off when the power goes out, or do you turn it off yourself?
I still mine Ethereum Pow using a few gtx 1660 super and Ti, what choices do I have? Since I am no more running on Grid power it makes no sense to turn off the rigs when the sunlight is up, it's a total waste. Once the sun goes down I always turn the rigs off.
Show an important hourly schedule for the generation of electricity by solar panels. This is not a constant value. There is much less electricity generated at 7:00 am than at 1:00 pm. How many hours a day do your mining farms work and where does the extra electricity come from in cloudy weather?I understand that batteries and the installation to charge them are very expensive and I don't think the investment will pay off.
thousands of dollars of gpu extracting pennies. it is not advisable to keep them on even at 0 cost.
Better to keep or sell the hardware.
Better to keep or sell the hardware.
You can mine coins with low difficulty like ETHW and ETF from the Ethash algorithm or other new emerging coins,these maybe considered a gamble right now but I am confident in the future it can be a life changing event if these coins go x100 or more in price than the actual price they have now.
I know many people will say buy the coins but like I have always contradict that I will still do as it is much better to mine the coins as you are daily exposed to the market rather than buying the coins and occasionally see what is going on in the market,I know from personal experience that when I am mining I check daily what is going on and in the rare,very rare cases I bought coins I did not get that interested in what was happening as often as I do in mining,that is why for me is better to mine the coins.
thousands of dollars of gpu extracting pennies. it is not advisable to keep them on even at 0 cost.
Better to keep or sell the hardware.
Better to keep or sell the hardware.
I still mine Ethereum Pow using a few gtx 1660 super and Ti, what choices do I have? Since I am no more running on Grid power it makes no sense to turn off the rigs when the sunlight is up, it's a total waste. Once the sun goes down I always turn the rigs off.
Show an important hourly schedule for the generation of electricity by solar panels. This is not a constant value. There is much less electricity generated at 7:00 am than at 1:00 pm. How many hours a day do your mining farms work and where does the extra electricity come from in cloudy weather?
Selling GPUs and buying ASICs. I don't see any GPU mineable coin that could absorb a large amount of hash like ETH. Also holding/buying coin. Of course if anything changes I'll change, bend with the wind go with the flow.
My plan is to do it all. Mine shitcoins (and immediately trade them for bitcoins). Mine Bitcoin directly. Stack sats though whatever programs are available to me. Continue earning bitcoins by participating in advertising campaigns, selling goods, and performing freelance work. Buy BTC and remove them from exchanges as I'm able. Continue to grow traditional assets to build a passive income source to continue buying BTC. Spread the word to others that we're at the low end of the 4 year cycle and it's time to buy again before everyone else.
I still mine Ethereum Pow using a few gtx 1660 super and Ti, what choices do I have? Since I am no more running on Grid power it makes no sense to turn off the rigs when the sunlight is up, it's a total waste. Once the sun goes down I always turn the rigs off.
Show an important hourly schedule for the generation of electricity by solar panels. This is not a constant value. There is much less electricity generated at 7:00 am than at 1:00 pm. How many hours a day do your mining farms work and where does the extra electricity come from in cloudy weather?
I still mine Ethereum Pow using a few gtx 1660 super and Ti, what choices do I have? Since I am no more running on Grid power it makes no sense to turn off the rigs when the sunlight is up, it's a total waste. Once the sun goes down I always turn the rigs off.
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 turned off the equipment and wait for a new opportunity. Most old graphics cards will probably not be much inferior in profit to new graphics cards like RTX 4060. My plus is that I will turn my equipment back on if mining is profitable. The maximum investment is a new SIM card for the Internet. My equipment has already paid for itself. But new miners will need to buy new video cards again. 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.
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 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 am following only two coins ETHW and RTM-Raptoreum a CPU mineable coin,beside working when I have time in some sites and get paid in Litecoin,I am mining those two coins,it is mostly a gamble but in our time now I don't see any better gamble than ETHW for GPU-s and RTM for CPU-s so I am accumulating as much as I can no matter how things end up after sometime.
I believe in the most pessimistic of happenings that RTM will surely hit at least 0.50-1 USD in the next bull run and until then I hope to have about 250.000 of them or a minimum of 100.000 for sure,for ETHW I just mine blindly as there is nothing else left to do but this is my plan in such bad times.
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 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.
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