Would it be more safer to buy coins instead of mining? After calculating the costs of buying cards and setting up solar panels with batteries and inverter i see that costs are too gigantic if one plan to run cards for 24 hrs everyday, is anyone mining using diesel generator? Bad idea?
The only way that makes any sense for solar at this point is to mine only when your system is producing enough power to run your equipment and shut down overnight. Make it automated so you don't have to think about it and just let it run. Don't even think about trying to run 24/7 with batteries. Depending on what country you are in diesel may be still a viable option, look into the Lister low RPM engines, they run forever with very low maintenance and very low fuel usage. Why is running on battery 24/7 a bad idea? Tell me, because it's all down to the watt of your graphic card and the available watt on the battery, it's damn possible to run a miner on battery for 24/7 without damaging the battery and charge is up when the sun is up, it's all calculations |
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Why did you buy the 4gb version of RX5500xt? You need to return that if you can or sell and buy the 8gb version, even a 6gb video memory with do just fine, sigh! I'm guessing many newbies are doing research before buying GPUs for mining, do not by 4gb cards
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Mining is profitable if the miners are capable of holding their mined coins until the bull run arrives but most of the individual miners lost their interest since most of the altcoins are not generating any income to them but they end up paying expenses from the pocket.
On the other hand, staking is good because it gives a small number of returns when you lock your crypto on a certain exchange for a particular time but what will you do if the fiat value of staked coins are losing while you staked, it still going to be a total loss.
It's even a different story right now for miners, they don't have to mine and hold, even old gpu are Profitable for mining presently, if your miner can produce as little as 15mh per second you are still in for some profits, I'd choose mining over staking because it ease the mind, you can decide to sell instantly or hold |
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Hours ago it took me 30$ to make a ERC20 transaction to an exchange, I had no choice but to cancel the transaction, God damn it, I was only trying to sell a token that's worth 120$, what is Ethereum network becoming right now?
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hello guys
i have a question about buy vga card for mining etherume
in document and forums, users wrote example : vga RX 480 is good ! (for example)
and when search RX 480 in google, google show : ASUS RX 480 and ROG Strix RX 480 and XFX TX 480 and MSI RX 480 and another brand viewed !
Which I should buy ?
Is only a 480 chipset suitable for this ? Or is the brand important ?
I pay attention to the chipset or brand ?
Best Regards
If you plan on mining 24/7 with the graphic cards don't not buy those with single fan, make sure you buy two fan gpu or three for easy cooling unless you are from cold country where its most snowy, also you can safe lots of money If you buy used RX570 or RX580 through eBay If you can ventilate the miners very well there won't be any problem with the cards, I have a rig with complete 6 mini cards, they all have single fan on them and they are cooling very well around 62°c, just make sure there is enough space between the GPUs |
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Zilliqa and decred still allows dual mining but it's been long since I see this working and after looking into popular crypto calculators I see that dual mining isn't Profitable for now, mining Ethereum only will do you right than dual mining with other coins, mining ETH with ZIL will hurt the ETH ROI
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Why is 2000watts for one motherboard a bad idea? I'm asking because I want to gain something here, is 2000watts dangerous for a single motherboard? I'm sure that one 2000watts power supply can power all that 8 pieces of RTX3080 graphic cards, what am I not getting here? |
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Spamming cant be the reason to use self moderating on bounty campaign, all there is to submit by participants is their proof of Authentication Posts and simply few questions for the BM to answer, I'm sure that the BM is up to something that's not good, watch out for yourself
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@istiak2277 I think you should look into MakerDao's DYCO, this crowdfunding beats IDO from blue to black, every single projects that use DYCO are very successful and the rules of DYCO is why scam projects will never get near the crowdfunding, pretty safer than others
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What is IDO? Can you please explain as I am not able to find anything relevant in Google. Does that mean "Initial Defi Token offering" or similar to that? If you can share a link of article where we can get more information about it, that will be great!
For me whatever the name is, ICO, IEO and IDO must be structurally same! It's a new coin or token coming to the market through different channels. The names will keep on changing but the motive will be same!
IDO is initial decentralized offering, these crowdfunding takes place on decentralized exchanges only, I don't see the difference in perform between ICO and IDO, the difference is just that one is centralized and other is decentralized, the success of a projects will forever lies in the projects capability and how smart the teams are |
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Some people are taking mining news too damn serious, yesterday I got message from a friend that it's over for gpu mining but to say the truth I've been hearing about the death of gpu mining since 2017 and it's now becoming annoying, do not sell your rigs because of whatever news you are told about Ethereum, POW algorithm have a long way to go and it's here to stay.
The idea is to look for a much easier way than the previous where you must have sophisticated equipment to mine, but with proof of stake things are done easy, pow is not for every where you are required to must have a gpu and a constant light to mine, the interest is gradually shifting from pow to pos although there will still be some project who support the both, but in the long run pos will take over. Thanks for that, needed a good laugh anyway. Once upon a time Peercoin was top 3 coin, today 566, the father of all pos coins. Once upon a time Blackcoin was top 9 coin, today 1025, the father of all pow->pos coins. Once upon a time new pos coins emerged like crazy, maybe one survivor is found in top 20. Once upon a time lots of pow coins converted to pos, non survived in a meaningful way. Yes pos has taken over some peoples ability to think (maybe never capable to start with) Lol, POW keeps coin more alive than POS if you carefully think about it but I'm glad that Ethereum is more than just a proof of work project, it has a very good use case anyways, If the POW algorithm is changed to POS it might not be so good for Ethereum |
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The answer is YES but hashrate is going to be smaller than you expected, even a rx470 4gb gives only 17mhs highest mining hashrate now and before its around 28mhs to 30mhs, if you feel like the profit is enough then keep mining
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Green energy is better than any but the cost is very high, this is only suitable for someone who wants to build mining rigs for hobby sake because to get back your ROI is going to take longer than ever but if the solar serve other purposes ( home use) then it's a good investment
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Gold is a fixed investment while bitcoin is an investment that can get huge returns, in the future if the supply of bitcoin continues to decrease, of course it will make the price even more expensive so it is certain that crypto is more valuable than gold
You got that right, gold ROI can be predicted because it's more like fixed but not crypto, it can be unexpectedly huge or small, also gold is more safer to be honest, bitcoin and others are very risky but there is a saying that the more the risk the higher the rewards |
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Mostly are defi projects. There was a recent project but just like OP many investors missed to invest to it because it wasnt hyped so much while its still on the ICO. Name of the project is POOLZ. It might just be what OP is looking for because as holder, you can also stake the token.
Projects today are mostly just listed on Uniswap,mitsmeasy to just do it there and it gives chance for users to earn through liquidity.
Few projects started their journey on uniswap and became fully successful later, just because a project get listed on Uniswap doesn't mean it should be underestimated, I still remember YOUC in 2020, it delivers unexpectedly even when it was listed on very low exchanges including uniswap |
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Forget it if you are trying to build a new mining rig right now unless you have some thousands of dollars to spend on the rigs and even if you have the money it's not worth building any mining rigs right now because of costs, you can't even get a card at MSRP right now it's so freaking annoying
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not experiencing a significant increase is natural because now there is still a slight correction in the market and also the altcoin season has not yet come, if you buy but experience a loss, you should be a little patient to hold and when the altcoin season comes you will benefit because monero and XLM are the top coins in marketcap
Have patience and be satisfied with what you have, Monero isn't a small project and it's now growing better than what it was months ago, you will eventually make good profits if you hold the coins for all this bull season, let bitcoin do it's thing and altcoins will start showing big deals too |
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I don't see anything wrong with the setup, just make sure the cooler fans are working, although Bitbtc8 have point that using riser will create more space in between the graphic cards but still if the cooling fans are working it will help the gpu
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Navi 2 introduce nothing new but the ray tracing feature I believe , if you are talking mining the different won't be much, take a look at rtx3060, the performance isn't that much compared to RX5700XT and RX5700XT price is cheaper and less scarce unlike RTX GPUs
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Don't, I have a friend that help people to buy coins and send it to their wallets, few of these people are the ones that even choose the coins they want to hold but for that fact that he is the one that helped them to buy the coins they hold him responsible after the coin crashed hard, that is an example of even helping people out but loans? If anything bad happens you don't just lost your own money but others which you will have to pay for in another way possible
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