If you want to mine on CPU, buy Ryzen 2000, 3000 & 5000 series from the second hand market.
3000 & 5000 series basically have same performance for most mining algorithms. Ryzen 1000 just might work if you get them for free as I see people offloading them for real cheap these days. But power consumption might not be optimal for the performance.
They are usually cheap enough for it to be "manageable" if you are adventurous to take a potential no win scenario but just break even.
Don't buy the newest stuff because you will never get back the investment in time.
I don't do this myself but looked into it briefly at times. It's never profitable to put in as a investment but if you have a large cache of used parts it could be done as a side hobby.
If you are upgrading your main PC just for the latest & greatest, your old PC's could be used for this unless you want to hand it over to someone else to be sold or such as parts.
Used parts market have a large supply of potential cheap processors to be used these days with decent performance per unit to be much better than buying the newest generation.
Though GPU mining is much easier to setup & get a return faster.
The payback of such a computer in mining is very doubtful, most likely never. Have you studied processor prices now? The Ryzen 1000, 2000, 3000 and 5000 series processors do not have motherboards for multi-processor installation, so for each processor you have a lot of additional costs for components and additional power consumption when mining. |
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If the Fed does not stop and continues to raise rates, then something else will break in the banking system. New bank failures will positively affect the price of Btc. And after the halving, the price of Btc should be more expensive, otherwise the stock prices of companies that are engaged in mining will fall. |
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Nvidia is no doubt the current leader in AI technology and if you’re looking at using a lot of computing power for your own AI cluster then you have no option but Nvidia products. I don’t think this early lead will last though. AMD and Intel will no doubt be pouring a ton of money into R&D to make their own AI focused products. Exciting times watching GPU use cases evolve.
Intel currently has no competitive solutions for modern Nvidia products. Their processors are inferior in performance to new solutions from Nvidia. AMD has not yet presented competitive solutions either, and they still have not figured out the overheating problems of the new X3D processors. |
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CPU mining might run down the desktop much faster.
CPU mining can cause overheating of the processor and motherboard socket, which is reported in previous posts. 1 processor for a computer in mining today does not pay off, see the approximate payback of processors on this site: https://www.hashrate.no/cpus |
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Look at the coin hashrate chart https://minerstat.com/coin/kas/network-hashrateSince March of this year, there's been a huge increase, and it's not graphics cards. Maybe the manufacturer sells new ASICs, and dishonest resellers are mining on ASICs so as not to receive losses when the ASIC profit falls sharply and the price needs to be reduced. |
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I'm wondering if it will be okay to mine gamepass coin using GPU from Amazon Web Services AWS  Microsoft, Google, Amazon Web Services will ban mining on their services. If you use their servers to install software that will play games for you and get rewards for being active in games, then I think you will succeed. |
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AMD Radeon RX 7600 reference design to be fixed before market launch to support all power cables As reported earlier, the AMD reference (MBA – Made by AMD) design has issues with some power cables. As it turned out, some 6+2-pin cables may not fully insert into the card because of the backplate design. This issue only affects some cables that have a small bump that is blocked by the overextended backplate.
Those cables have existed for many years, so it is surprising to see a new AMD reference card that cannot fit such cables. And this was only discovered by reviewers who had trouble fitting their cables. Luckily for AMD, the company was in no rush to release its reference design to the retail (DIY) market. The plan was to enable board partners first, but due to interest in this AMD design, the company is indeed planning to launch their MBA cards to the market.https://videocardz.com/newz/amd-rx-7600-reference-design-will-be-fixed-to-fit-all-power-cables-before-market-releaseIf manufacturers want to change something on a video card board, there are always problems. This is not necessary, because the computer has enough space for the video card, and reducing the size of the video card is not required. To be honest this is actually no news as these MBA cards are not on the market yet and this was a slight oversight of their design team with an very easy and cheap fix by altering the backplate slighty. Your last sentence is just clickbait. This problem can be solved with a file and pliers if you do not need a guarantee, but the main question is, why change the power supply connection design that has been proven over the years? If they improved this solution with additional fuses and diodes that would protect the video card from a short circuit, that would be good. But modern video cards do not have fuses, although they were on older models of video cards. The RX 480 and RX470 had fuses after the power plug. |
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lolminer is a signed windows application for example, so this is trustable, but also a risk for lolliedieb.
It would not make sense to create a fast open source miner, other one will take this code and make his own miner with a devfee, this is how the world works, sadly for sure.
And in my case, i have no problem to pay a devfee for all the work, but some miner devs take a very high devfee for some algos. I mean all over 2% is too much in my opinion.
But i agree with you, community projects are not seen anymore.
Any free miner will always be weaker than a miner with a fee and closed source. If two miners have the same result, then the miners will choose a free miner. And now you should not even run a proven miner on the main computer for safety. For this, there are good operating systems for mining or separate mining farms. |
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even low quality components gets a good life span if you use them at half the rated spec and in cooler environment.
an example is LED bulbs i own Philips, that have average lifespan of 1 year (heavy use), i had a chinese (forgot the brand), but due to aluminum heat sink to the electronic component, lasted for 4+ years (heavy use).
hehe that's why you don't throw old cards, you stress test first with a bunch of 290x and then run it light and cool.
even branded quality PSUs breaks down due to heat and high load. huge ATX PSU will save you the trouble of dealing with break out boards.
also if it is cheap, it will ROI faster.
There is a big guarantee for branded power supplies up to 10 years, although these branded power supplies broke down for me. But since service centers in my country do not repair them, the sellers returned the money to me for the purchase. Sometimes it turned out to buy a similar power supply cheaper. There may not be a problem with Chinese power supplies, but now it is better to buy a proven branded PSU, because they are cheap. Here is the math, 1300w branded psu ~ 300$ 2600w chinese cheap psu ~ 150$ The 1300w can be used for 80% load, that's ~ 1000w, the 2600w used at 50% is 1300w. Warranty is already priced in the retail, at ~300$ you already bought the 10yr warranty. For the cheap psu, you don't need to wait for 10 years for ROI. I would only use the cheap psu on old gpus, when upgrading use the branded on new cards, move the old cards to the chinese psu. Other mathematics: 2600w chinese cheap psu ~ $ 150, but you need to take into account the real allowable load on this PSU, and this value can be in the range of 1300-2000 watts. Excellent power supply Corsair 1000 watts after 3-4 years of use ~ 100 dollars. If there is a breakdown, then I need 1 or 2 trips out of town to find the cause of the breakdown, and then buy the necessary components for repair. 2 trips is an expense of 20-30 dollars. |
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Why do you make coin mining so difficult. First use the Ethash algorithm, then plan to add the SHA256, X11 algorithms. These are algorithms for ASICs and mining on them is unprofitable if the miner has a video card. Then you want to add more algorithms and staking. This does not look like the development of the project, but the addition of mining algorithms.
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The proposed Digital Asset Mining Energy tax has reportedly been taken off the table, according to U.S. Congressman Warren Davidson. https://decrypt.co/142711/us-debt-ceiling-deal-blocks-30-bitcoin-mining-tax-congressmanAs the details of the agreement reached between President Joe Biden and House Speaker Kevin McCarthy on the U.S. debt ceiling were made public Sunday, one notable part of the deal appears to have blocked some taxes proposed by the Biden administration, including the Digital Asset Mining Energy (DAME) excise tax.
If passed, it would impose a 30% tax on cryptocurrency mining firms—a move that the Biden administration argued was required to limit the environmental and societal damage caused by crypto mining operations.
Pierre Rochard, VP of Research at Riot Platforms, questioned whether "the Administration's DAME excise tax proposal is gone?" given that Bitcoin mining wasn't mentioned in the text of the bill, dubbed the “Fiscal Responsibility 5 Act of 2023.” U.S. Congressman Warren Davidson (R-OH-08) responded in a tweet that, "Yes, one of the victories is blocking proposed taxes."
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The Swaprum team has drained $3M in ETH from the protocol.
Swaprum is an Arbitrum-based decentralized exchange.
SAPR tokens have essentially become worthless following the heist.
Swaprum developers execute $3M heist
Despite their anonymity nature, cryptocurrencies follow the principles of transparency and trust. Nonetheless, exit scams and hacks have been long-term challenges in this space. Recent Swaprum events have reminded market players of the threats that scammers and hackers cause.https://invezz.com/news/2023/05/20/just-in-sapr-tokens-worthless-following-3m-rug-pull-by-swaprum-developers/
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On a May 31 episode of the Show Me The Crypto podcast, Ver — labeled “Bitcoin Jesus” for his early Bitcoin advocacy — said that despite Ethereum’s scaling issues and the other layer-one “clones” that have popped up in its wake, the Ethereum ecosystem is still where the action is: “Even though Ethereum doesn’t have the biggest market cap compared to Bitcoin, I think Ethereum is the front-runner in terms of driving worldwide adoption.” https://cointelegraph.com/news/roger-ver-ethereum-catalyst-for-crypto-adoption |
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Hello people
i have solar power installed in my house and lets say i have about free 500w that i can spend to a rig (with more than 500w i would spend more than i produce)
i have two options
A) i can sell the extra power that i produce back to the electricity company thats about 1000smth euro per year or 100-120 per month and thats a stable profit
b) i can use all the remaining free kW to mine something
what would you do if you were me?
thanks in advance
" 100-120 per month stable profit" Take your profit and don't think about mining. With your free 500 watts, you won’t earn even half of this amount, but you still need to buy a mining farm or asics. Use your profit to buy cryptocurrency, or consider expanding the capacity of your solar power plant. |
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At COMPUTEX 2023, NVIDIA announced NVIDIA DGX GH200, which marks another breakthrough in GPU-accelerated computing to power the most demanding giant AI workloads. In addition to describing critical aspects of the NVIDIA DGX GH200 architecture, this post discusses how NVIDIA Base Command enables rapid deployment, accelerates the onboarding of users, and simplifies system management.https://developer.nvidia.com/blog/announcing-nvidia-dgx-gh200-first-100-terabyte-gpu-memory-system/If you still dream of using your graphics cards in the field of AI, then Nvidia is already releasing more powerful and modern solutions.
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3 bullruns! 2013-2017-2021  So next one will be in 2025, and the profit will start in 2024. Do you think there will be a new coin or the Chinese ethereum-CONFLUX will take over the mining market? Now there is an opportunity to mine a lot of coins, the price of which can grow by 50 times or more, and there are not very many candidates from current coins. Out of 40 coins, you can choose 7 candidates https://www.hashrate.no/coinsWill be good idea time to choose. There is so many shit coins come up lately and confusing.I thought kaspa was good but now it looks doomed after i saw asics.Etc team is dead no project nothing shame on them. They could turn etc 2nd best pow coin but looks like they hate working. I agree with you but what are miners doing then,spending the majority of their hash rate on such coin which still makes it the 2nd best after ETH in terms of hash rate.Miners are the ones who should do something,after all mining is a decentralized system and everybody is free to chose what he wants to mine,if all miners release that ETC is a dead project they should probably move their hash rate away from such project. The fact is though that no other coins offer a better promise to miners so far,even ETF and ETHW claiming to be the substitute of ETH have gone from bad to worse so not a lot of possibilities for miners and I assume that is why they are staying with ETC for the time being. GPU miners have already said goodbye to ETC mining. So far I've heard a few mainstream opinions. If the video cards are not old, then the miners have turned off mining and are waiting for new coins to appear at the end of this year or next in order to quickly start mining. Other miners try to mine something if electricity is cheap. I disabled half of the video cards. |
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even low quality components gets a good life span if you use them at half the rated spec and in cooler environment.
an example is LED bulbs i own Philips, that have average lifespan of 1 year (heavy use), i had a chinese (forgot the brand), but due to aluminum heat sink to the electronic component, lasted for 4+ years (heavy use).
hehe that's why you don't throw old cards, you stress test first with a bunch of 290x and then run it light and cool.
even branded quality PSUs breaks down due to heat and high load. huge ATX PSU will save you the trouble of dealing with break out boards.
also if it is cheap, it will ROI faster.
There is a big guarantee for branded power supplies up to 10 years, although these branded power supplies broke down for me. But since service centers in my country do not repair them, the sellers returned the money to me for the purchase. Sometimes it turned out to buy a similar power supply cheaper. There may not be a problem with Chinese power supplies, but now it is better to buy a proven branded PSU, because they are cheap. |
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The daily issue of the Caspa coin is approximately 350,000, while Litecoin has 630,000 dollars, and Dogecoin has 1,000,000 dollars. Miners need to pay expenses and they sell some of the coins. January 1st, 2023, approximately 15.3B KAS will have been mined (53.3%)
January 1st, 2024, approximately 21.9B KAS will have been mined (76.3%)
January 1st, 2025, approximately 25.1B KAS will have been mined (87.4%)
July 10th, 2026, about 95% of all KAS will have been minedhttps://kaspa.org/tokenomics-emission-and-mining/Now I understand why such powerful ASICs will be delivered to customers in the 3rd-4th quarter of this year.  Well, you know what they say: "Mining cryptocurrencies with ASICs is a bit like buying a lottery ticket... but at least with the lottery ticket, you don't have to pay for the electricity to scratch it off!" 😂 But on a serious note, it does look like you're onto something. With the majority of KAS already mined, getting into the game late can feel like trying to win the lottery. Only in this case, the consolation prize is a huge electricity bill and a room that doubles as a sauna from all the heat those ASICs generate! 🥵💡💸 With such tokenomics, only those miners who receive the equipment first and have time to start mining will win. When the entire batch of ASICs is launched, the profit will die. In the meantime, it is possible that the manufacturer mines these ASICs in order to test and send these ASICs to you  |
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Hello, i am new to the Cryptocurrency sceen and i am wondering what cryptocurrency requires the least amount of computing power to mine.
To mine some cryptocurrencies with the least amount of computing power you need at least one GPU in your PC,even if it is your home PC,as long as you have a GPU that is 1660 or higher level of Nvidia and if you have Rx 500 series from AMD you can try several coins and see if you like it.In case you do you can then add GPU-s as per your budget to build a full rig which you can manage.However right now no single coin is profitable and you will see this reflected in any information website regarding this issue like whattomine mentioned already here and many other calculators.So for the time being if you hopefully have a GPU from one of the above you can start playing with it. I think that now it makes no sense to even start mining coins on such cards, because these video cards are unprofitable even with their own power consumption or do not pay off. If we add the cost of a computer here, then this is an absolutely irredeemable process. It's better to buy $100 worth of coins and not torment computer hardware. |
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