It is better to download all available wallets using links from the official website, and a link to the official website can be found on the coinmarketcap service. I mine those coins that have a hardware wallet, and if you have a lot of coins, then you need to use a cold wallet that you create on a separate computer.
Or you store your cold wallet in a VM and use another VM for web wallet if you actually need one. I would never leave a Web Wallet open in a browser, same as normal browsing cannot understand those who keep tons of tabs open in whatever browser they have. For new coins, this method is not the best. Recent events with the IronFish wallet force us to look for other solutions. Now miners need to install a full node because the wallet is not available. If you sell new coins all the time, then you don't need strong security. |
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Windows  Why do you need this Windows? If you are new to mining, then you will definitely download some kind of fake miner with a virus and the scammer will steal your coins. Learn to use Hive OS or Raven OS because these are commonly used Linux systems and there are many instructions for them. And you don't need to be afraid of viruses. |
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Well, the population of Russia allows it to come in second place, a large proportion of young people are engaged in the crypt.
If you are interested in the age of the miners, then this is not 16-25 years old. Basically, I see people from 30 to 50 years old and older, and it's not getting any younger. These are businessmen who have experience in IT, engineers and people with a technical mindset. Investing in mining requires a lot of initial capital, and young people do not have such opportunities. One small container for 100 ASICs is at least 20 million rubles or $240,000. This is big money in Russia. |
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Cheap electricity in Russia is only in a few regions of Siberia, but the problem is that the infrastructure for mining is not developed.
Supply of electricity is the most challenging part for large mining operations, the rest of the infrastructure is only a matter of money, say you have a 10MW transformer plugged into the grid ready to deliver power, you can just buy a few plug-and-play containers and get those 10MW up and running in no time, in fact, even the transformer itself can be deployed pretty easily, it gets harder if you need to bring in those overhead power lines of 400KV or 200KV to the location. The consumption of a large city in Russia up to a million people is about 1000 megawatts, and the shortage of electricity is compensated from supplies from the Unified Energy System. Thanks to this idea of engineers from the Soviet Union in Russia, there are no problems with electricity in large cities that are connected in this system. But it is very very difficult to connect 10MW now. Factories consume 2-3 MW, and it is difficult to agree on such possibilities. Usually miners use 0.4MW transformers that are used for private summer cottages, camp sites and similar objects. |
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lolMiner 1.73 Improved performance of Kaspa on Nvidia Turing and newer by 0.2-1% depending on model Improved efficiency of Kaspa mining on Nvidia Turing and newer by 2-3% depending on model Halved number of stale shares on Kaspa on Nvidia Turing and newer Improved Nexa codes: Improved performance of Nexa on Nvidia Turing and newer by 2-5% depending on model Improved performance of Nexa on AMD cards by 0.5 - 1.5% depending on model All GPUs on Nexa and Nvidia GPUs on Kaspa now do a clean shutdown once hitting ctrl+c - that should prevent issues and crashing when exiting / resetting oc Enabling reading of GPU junction temperature ( and memory temperature on Nvidia GDDR6x GPUs) on Nvidia 530 drivers or newer Windows: updated the oc gui with added AMD overclock functionality https://github.com/Lolliedieb/lolMiner-releases/releases/tag/1.73Check all links with this post from the developer. https://bitcointalk.org/index.php?topic=4724735.0
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In Sweden, taxes will increase more. $0.0006 was a miner's paradise Energy prices started to normalize in 2023, but the upcoming tax will likely stop any new investment in Sweden, which is currently home to about 150 megawatts (MW) of mining. The tax will increase from SEK 0.006 ($0.0006) to SEK 0.36 ($0.035) per kilowatt hour (kWh) starting July of this year, according to the financial budget published in November 2022.
Based on the average electricity prices last year, the tax hike could bring the all-in energy cost to $0.093/kWh, said Jaran Mellerud, senior analyst at mining services firm Luxor Technologies. A MicroBT Whatsminer M30s, a moderately efficient and commonly used machine, would be at break-even point given current market conditions, he said.https://getblock.net/en/news/sweden-will-raise-the-electricity-tariff-for-miners-58-times/Is it 3.5 cents per kilowatt hour or is it 9.3 cents? I am not sure what all-in energy cost means, if the tax is going to increase the cost from 0.6 cents to 3.5 cents where does the remaining 5.8 cents come from? Anyway, 3.5 cents is way below average = great for mining, 9.3 cents is above average and terrible for mining. If miners in Sweden pay tax as in Kazakhstan, then 0.035 US dollars is a tax or excise, which means the cost of electricity is 0.093-0.035=0.058. This is a mining tax, and you also need to pay income tax. The big mining companies don't say how they buy electricity, but almost 10 cents is expensive to mine. |
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BzMiner v14.2.1-- What's in this release (v14.2.1) Improved Ironfish hashrate Improved dual Octa + Ironfish hashrate Added show_pending option to see shares that were found but have not received a response from the pool Fixed dual +Ironfish percentages Fixed rejected shares on ethstratum protocol for ethw, etc, and octa NOTE: Currently the improved Ironfish hashrate is not supported while solo mining. This will be addressed in an upcoming update https://github.com/bzminer/bzminer/releases/tag/v14.2.1Check all links with first post from the developer
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Mainnet hasn't been launched yet 💪🏻 Thousands of miners have already gone fishing   https://miningpoolstats.stream/ironfishI look at this and I have no desire to reconfigure my mining farms, but will you mine this coin? According to statistics, disappointment will come in a few days. |
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In Sweden, taxes will increase more. $0.0006 was a miner's paradise Energy prices started to normalize in 2023, but the upcoming tax will likely stop any new investment in Sweden, which is currently home to about 150 megawatts (MW) of mining. The tax will increase from SEK 0.006 ($0.0006) to SEK 0.36 ($0.035) per kilowatt hour (kWh) starting July of this year, according to the financial budget published in November 2022.
Based on the average electricity prices last year, the tax hike could bring the all-in energy cost to $0.093/kWh, said Jaran Mellerud, senior analyst at mining services firm Luxor Technologies. A MicroBT Whatsminer M30s, a moderately efficient and commonly used machine, would be at break-even point given current market conditions, he said.https://getblock.net/en/news/sweden-will-raise-the-electricity-tariff-for-miners-58-times/ |
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considering that with only $300 you do little or nothing in the first few months, he should still pay the first bills, trying the lottery would be suicide, he could pay bills for months before seeing (if he's ever lucky enough) any results.
there are small BTC miners from 4/500 dollars, they are efficient but obviously they don't make you a fortune, the ROI is very long but a bullrun could shorten the time.
or you could consider an apollo V1 or similar.convert what you mini to BTC and its the same
There are no effective $300 BTC miners right now. Even if the electricity is free, for this price you can buy 2 old C9 or S9 ASICs, which will bring little profit and can break down without even recouping the investment. With 300 dollars you can only invest in altcoin mining. |
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I don't know if this is good or bad. I mean, it can be both. Russia has quite a few advantages over USA for instaance. They have land area, they have huge cold area, they have good realtions with China which is the manufacturer of one of the most common miners (Bitmain), they have quite a few sources of energy. So this seems to me quite a few pros to the country to invest more in mining. Ig they can't export the energy they produce, they can use it to mine. They don't even have to bitch or "negociate" with western countries to "please buy our energy so that we can keep funding this war"!!!
On the other hand, it may be good as a way of taking away the monopoly of the USA in mining! A bit more decentralised!
Cheap electricity in Russia is only in a few regions of Siberia, but the problem is that the infrastructure for mining is not developed. This business is developed by old enthusiasts. It's good that this business is not taxed, or the miners have a chance to pay the minimum tax, because there are no control possibilities. |
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Chipmaking heavyweight Intel (INTC) is ending production of its bitcoin mining chip series, the company said in a statement to CoinDesk on Tuesday. "As we prioritize our investments in IDM 2.0, we have end-of-lifed the Intel Blockscale 1000 Series ASIC [application specific integrated circuit] while we continue to support our Blockscale customers," an Intel spokesperson said. The news was first reported by Tom's Hardware. https://www.tomshardware.com/news/intel-discontinues-bitcoin-mining-blockscale-chips-no-future-gens-announcedNo orders will be taken after Oct. 20 and the last product will be shipped no later than April 20, 2024, according to a document on Intel's website. The company announced its foray into bitcoin mining about a year ago, with its first customers for the chips, dubbed Blocksale, being Argo Blockchain (ARBK), Block (SQ), Griid Infrastructure and Hive Blockchain (HIVE). https://www.coindesk.com/tech/2023/04/18/intel-discontinues-bitcoin-mining-chip-series/ |
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How do you feel about the 4070 and its ROI? Is it worth picking up for a home miner? I’ve still got those 2 1080s I bought from you Phillip and could probably use an upgrade but I’m worried with the state of GPU mining it isn’t worth it. Would be interested in your opinion. It is nice that GPUs are once again available for MSRP.
I'm not philipma1957 but the important point is how much do you pay for electricity and what country do you live in. At 6 cents per kilowatt, you don't make 50 cents a day. But if you have GTX1080 video cards, then you probably have no problems with electricity. |
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Then other scammers will use this opportunity to send you money and cancel the payment. No need to make large payments and check amounts. If you have 30 days to get your money back, your payment will be worthless until 30 days have passed. Your partner will not provide services to you and will not exchange coins until you can return the payment.
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