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Hmmm....the board seems to be rather popular. Maybe it is you that sucks. Anyways, you may want to do a bit more research and testing before posting that something sucks.
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what are you mining now peoples ? winter is coming
DGB. My Aorus 1080ti are getting 1015Mhs. PL 100, CC +200, MC -300 W=240. I've cranked them up recently to mine as much as I can at these low difficulties and prices. I am looking (hopefully) at higher prices in the next few weeks. We will see. |
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Well, what NOT to invest in would be a starter... Monero is one I would not invest in. Litecoin either. Probably DASH, XVG, OMG.
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Well, no reason ZEC can't go back to $130. Heck, $100 is a very likely spot for ZEC to end up before it stops. After that huge spike a few days ago I have no confidence that ZEC is going up anytime soon.
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What I learned when I was a Noob. (Actually, I’m still a Noob!)
1. Price and predictions:
o Avoid any posts are videos claiming that this coin is going to the moon. Don’t be a sucker for someone else’s delusion
o Research previous prices for Bitcoin and others. I’m talking 1 to 10 years. That will put what is happening now into the proper perspective.
o The price of GPU’s will never go down. Yeah, right.
o The price of coins will never lose 90% of its value. Everything always goes up in price. /sarc
2. Mining, research and experimentation.
o Have at least 2 cards to mine with. They don’t have to be top cards, just something to play with.
o Use one card to setup wallets and experiment with various coins. Is your wallet getting your coins?
o Experiment and gain experience by mining different coins with one card. Use the other card to mine at an auto miner like NiceHash. Note the differences. If you make some money, great.
o Understand the various miners, how they operate, which brand GPU do they work best with (AMD or Nvidia).
o If don’t understand something RESEARCH. Your question has probably been answered 100 times on the many different forums.
o Research the various coins. Read/watch videos about the blockchain.
3. Who will stay mining.
o Those who understand that it is a lot of WORK to mine.
o Those who understand that crypto is constantly changing.
o Those who understand you won’t get rich overnight, tho it does happen.
I’m sure there are many more that could fit on this list. Feel free to add your insights. I’m new at this mining business but I do enjoy it immensely. The more I learn, the more fun it becomes.
What a program for a 2 posts/activity newbie ! I am looking forward to reading what you will have learned when you will be "legendary". I am patient... OP is a newbie but the post is legendary. I would add "learn what difficulty is" to section 2. Thanks for the reply, I've added 'difficulty' to my list. Why does my list keep getting longer? |
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What I learned when I was a Noob. (Actually, I’m still a Noob!)
1. Price and predictions:
o Avoid any posts are videos claiming that this coin is going to the moon. Don’t be a sucker for someone else’s delusion
o Research previous prices for Bitcoin and others. I’m talking 1 to 10 years. That will put what is happening now into the proper perspective.
o The price of GPU’s will never go down. Yeah, right.
o The price of coins will never lose 90% of its value. Everything always goes up in price. /sarc
2. Mining, research and experimentation.
o Have at least 2 cards to mine with. They don’t have to be top cards, just something to play with.
o Use one card to setup wallets and experiment with various coins. Is your wallet getting your coins?
o Experiment and gain experience by mining different coins with one card. Use the other card to mine at an auto miner like NiceHash. Note the differences. If you make some money, great.
o Understand the various miners, how they operate, which brand GPU do they work best with (AMD or Nvidia).
o If don’t understand something RESEARCH. Your question has probably been answered 100 times on the many different forums.
o Research the various coins. Read/watch videos about the blockchain.
3. Who will stay mining.
o Those who understand that it is a lot of WORK to mine.
o Those who understand that crypto is constantly changing.
o Those who understand you won’t get rich overnight, tho it does happen.
I’m sure there are many more that could fit on this list. Feel free to add your insights. I’m new at this mining business but I do enjoy it immensely. The more I learn, the more fun it becomes.
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For a speculative position I would consider Mothership (MSP). Smart guys looking to do something interesting.
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