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2061  Bitcoin / Mining / Re: Are miners paid premium over market price for mined Bitcoin? on: December 16, 2022, 10:28:55 AM
Governments have been hostile to crypto since bitcoin started - nothing new there.

I assume governments will become more effective attacking Bitcoin, but they will be least hostile to virgin Bitcoin.

Creating a thread about scare tactics that have been around for more than 10 years seems rather a waste of time.

If a miner has the option to sell Bitcoin over market price, he will be happy.
If I can buy freshly mined Bitcoin peer to peer, I will be happy.

For me it is risk management diversifying into Bitcoin with a variety of histories.
In Russia, where there is still no law on mining, if you are a beginner miner with several containers and consumption of several megawatts per hour, then they will buy bitcoin from you with a markup of 3-7%. If this is Irkutsk, then you can pay for rent and electricity with cryptocurrency. According to the documents, you pay in rubles, but you give away the cryptocurrency at a more favorable rate for the owner of the site where you mine.
2062  Bitcoin / Mining / Re: Suggest me the best mining rig on my situation on: December 16, 2022, 10:09:15 AM
Most ASICs are loud, I have not seen ASICs for installation in an apartment for a long time.
The problem of noise is well solved by installing soundproof boxes for ASICs. The author wants maximum profit, so buying several soundproof boxes will not be expensive.
One of the main problems with ASIC miners is the huge amount of noise generated during mining which is above 75 to 80 decibels.  Due to this noise, sleep problems, mental problems and in some cases physical problems usually occur at home.  However, due to this noise pollution, family and neighbor relations are seen to be bad.  ASIC miners typically use a 120mm diameter fan that rotates at 6000 RPM speed, creating a lot of noise as the air collides with the blades, which is usually annoying.  In some cases noise pollution can be reduced to a great extent by using high quality silencers, noise reduction boxes.
Do you install ASICs in the bedroom? Smiley
In fact, it is difficult to install many ASICs in a private house because of the limitation of electricity consumption, and when your ASIC gives 10 or 20 dollars of profit per day, then you are ready to endure some inconvenience. For a few dollars, such problems are not needed.
2063  Bitcoin / Mining / Re: Have anyone made 1 BTC per month in Past Times? on: December 16, 2022, 10:04:00 AM
When I started mining, it was possible to earn several Ethereums per day from one video card. 1 Ethereum then cost about 1 dollar and the miners did not believe that the price of this coin could grow several thousand times, as well as the price of bitcoin several hundred times.
2064  Bitcoin / Mining / Re: Mining Facility Spec question on: December 15, 2022, 10:40:31 AM
The only thing I would think about is an alternative like a mining container. Mining is becoming illegal or toxic in many countries, and my colleagues have experienced similar problems. They found new mining locations but regretted not buying containers because it is cheaper than adapting multiple mining facilities.
Container in term off ease of movement or what, I have seen some mini mining facilities but not a mobile one that can easily be moved to a new location.

I accept there have been several regulations against bitcoin mining that forces miners to relocate but assuming we go by ops space capacity and the amount of device in the space will it be suitable for him to operate in a container that will generate more heat?
100 ASICs is the minimum container that will be convenient for transportation within one country or between neighboring countries. It is designed based on the temperature conditions of the country.
The container costs more if you don't find a used one.
Even in my country, where electricity is abundant and inexpensive, landlords increase the price of electricity because they understand that moving costs will be more expensive for the miner.
2065  Bitcoin / Mining / Re: Suggest me the best mining rig on my situation on: December 15, 2022, 10:28:39 AM
1000kwh in a month they are 1500w per hour of consumption, 1,5x24x30 approximately 1000, on that power there are some asic but a little dated, in a month you would not return to any investment.

I disagree the L3+ burns 750 watts

2 of them do 1500 watts.

2 of them earn about 3 usd a day

90 usd a month


they merge mine ltc and doge

also a s17 pro set on low will do 1200 watts which is 1.2 x 24 x 30 = 864 kwatts

it will do 40th which is 40 x .063 = 2.52 usd a day or $75.20 usd a month


the key is what does he pay for his power
If I understand the author's post correctly, then 1500w per hour is free. 2 asics for litecoin will give about 100 dollars of profit per month, but he will have to deal with noise. This is not such a large amount of profit now, but if you do not sell coins, then perhaps there will be more profit.

L3+ are not crazy loud.

s19 are crazy loud
L7 are crazy loud.
Most ASICs are loud, I have not seen ASICs for installation in an apartment for a long time.
The problem of noise is well solved by installing soundproof boxes for ASICs. The author wants maximum profit, so buying several soundproof boxes will not be expensive.
2066  Alternate cryptocurrencies / Mining (Altcoins) / Re: Best algo for RTX 40** series on: December 15, 2022, 10:22:41 AM
According to the latest rumors, RTX 4060 Ti would get AD106-350 GPU with 4352 CUDA cores. This particular SKU would feature 8GB of GDDR6 memory clocked at 18 Gbps. This would be the first known model from RTX 40 series to feature GDDR6 memory instead of GDDR6X. Earlier leaks mentioned that AD106 features 128-bit memory bus, which means this card would have a bandwidth of 288 GB/s.
https://videocardz.com/newz/nvidia-geforce-rtx-4060-ti-rumored-to-feature-4352-cudas-8gb-memory-and-220w-tdp
https://twitter.com/kopite7kimi/status/1602761028584247298?
2067  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN] Rigel 1.1.1 - Kaspa GPU miner (Nvidia only) on: December 15, 2022, 10:17:47 AM
Dear dev,
I really look forward to the function of the failover pools in pools.txt file!

You can set failover pools by repeating "-o" parameter for each pool:
Code:
-o <primary_pool_url> -o <failover_pool1_url> -o <failover_pool2_url> -o <failover_pool3_url>
Hello.
I am aware of this possibility.
But I would like to have this functionality in a separate file with backing pools.txt, like Claymore did!
What is the difference for mining?
Older miners prefer the line with the settings in the BAT file.
On Linux, you also add additional settings.
Or is it difficult for you to backup a BAT file to run the miner?
Or you can't make a BAT file?
2068  Alternate cryptocurrencies / Mining (Altcoins) / Re: Got a bunch of old HDD from Burst mining days… need them destroyed. on: December 15, 2022, 10:07:50 AM
some of my rigs are on 80gb HDD and now 500gb are worthless LOL

I also have 80GB HDDs in my rigs, I can't imagine why someone want to destroy working HDDs 250-500GB...
I also have very old 80 GB hard drives on mining farms. Linux systems do not need more than 16 GB. And for the long 7 years of mining, there were no problems with them. If smart hard drives are good, then they can be formatted, if not, then it's better to recycle.
2069  Bitcoin / Mining / Re: Suggest me the best mining rig on my situation on: December 14, 2022, 11:23:07 AM
1000kwh in a month they are 1500w per hour of consumption, 1,5x24x30 approximately 1000, on that power there are some asic but a little dated, in a month you would not return to any investment.

I disagree the L3+ burns 750 watts

2 of them do 1500 watts.

2 of them earn about 3 usd a day

90 usd a month


they merge mine ltc and doge

also a s17 pro set on low will do 1200 watts which is 1.2 x 24 x 30 = 864 kwatts

it will do 40th which is 40 x .063 = 2.52 usd a day or $75.20 usd a month


the key is what does he pay for his power
If I understand the author's post correctly, then 1500w per hour is free. 2 asics for litecoin will give about 100 dollars of profit per month, but he will have to deal with noise. This is not such a large amount of profit now, but if you do not sell coins, then perhaps there will be more profit.
2070  Bitcoin / Mining / Re: Mining Facility Spec question on: December 14, 2022, 11:15:57 AM
The only thing I would think about is an alternative like a mining container. Mining is becoming illegal or toxic in many countries, and my colleagues have experienced similar problems. They found new mining locations but regretted not buying containers because it is cheaper than adapting multiple mining facilities.
2071  Alternate cryptocurrencies / Mining (Altcoins) / Re: Is the HDD mining hype over? on: December 14, 2022, 11:09:21 AM
Do you really believe in decentralized mining? Decentralized mining is solo mining, which was in 2010-2012, but when mining pools and adequate profits appeared, many private companies begin to make money on it. And its main goal is to maximize profits.

Yes. I still believe in decentralized mining. While centralized mining pools have take over the Bitcoin blockchain, there are some solutions available to help make mining as decentralized as possible (stratum v2 mining protocol, betterhash, P2Pool, etc). I think this would work better with CPU-mineable coins since they're highly accessible to everyone. All it takes is for developers to push decentralized mining solutions for the community to adopt them.

As for coins that can be mined with HDDs, I don't think there's going to be a bright future for them. As many have mentioned, HDDs cannot be resold on the market unlike ASICs, GPUs, CPUs, and FPGAs. That's because nobody buys them due to loss of the storage medium's reliability, among many other things. It's why HDD-mineable coins like BURST and CHIA will only become a niche in the long run. At least, we have a variety of mining algorithms to choose from. As long as decentralization wins, there should be nothing to worry about. Just my thoughts Grin
CHIA mining can also be decentralized, because according to the miners there is now a huge payback period for equipment that exceeds the average life of hard drives. If this coin becomes popular, then it will be captured by centralized pools very quickly.
2072  Alternate cryptocurrencies / Mining (Altcoins) / Re: So much for PoS from PoW for ETH on: December 14, 2022, 11:03:49 AM
In fact, there are already a lot of these solutions and I saw the first working projects more than 5 years ago. I think it's easy to find on the internet. The amount of heat generated depends on the amount of mining equipment, but this project requires additional costs, which is not always beneficial.

That's right, I think the cost of installing this type of solution is too expensive for the benefit. If it is to heat the water in a swimming pool, it can be used, but I think it would be too expensive for the efficiency generated. I find it more efficient to use this heat to heat the environment/house than to heat water.
You need to calculate how much money you pay for heating the water in the pool, and how many miners you need to get the same result. If you have video cards, then water cooling for each will be expensive, it is cheaper to immerse video cards in a special liquid that will transfer heat to water through a radiator. But I think that 99% of miners will not do this.
2073  Alternate cryptocurrencies / Mining (Altcoins) / Re: Radeon RX 7000 on: December 14, 2022, 10:56:47 AM
When we can expect miner updates to support 7900 GPUs?
AMD RX 7900 series won't Mine Crypto...
https://www.youtube.com/watch?v=OROYDtAncnU
Maybe in a week, or maybe in a month, miners will be updated, and for a few more months, developers will increase performance on popular palgorithms. Now mining is still unprofitable on expensive video cards due to the large payback.
2074  Alternate cryptocurrencies / Mining (Altcoins) / Re: Valve's Steam Deck as a Mining Machine? on: December 14, 2022, 10:41:59 AM
Mining on game consoles was relevant during the shortage of video cards and their very expensive cost. Mining was very profitable, so laptops and game consoles were used for mining. Now it is irrelevant and not profitable due to the end of ethereum mining and the presence of a large number of inexpensive video cards on the market.

Yeah I remember the Ukrain PS4 farm that was in the news last year Cheesy Here it is: https://www.techarp.com/business/ukrainian-crypto-mine-ps4/

This is why I was curious and started the research.
When you have free electricity, you can mine coins on any equipment. Power engineers have long learned to detect increased consumption and confiscate mining farms. When you work officially and pay for electricity at a commercial rate, you will understand that this is unprofitable.
2075  Alternate cryptocurrencies / Mining (Altcoins) / Re: Got a bunch of old HDD from Burst mining days… need them destroyed. on: December 14, 2022, 10:36:50 AM
The easiest way is mechanical damage to the platter. After that, the data cannot be recovered. Magnetic destroyers of information do this in a few minutes, but then the hard drive can only be given away for recycling. Acid is very dangerous and you need a special acid suit.
2076  Alternate cryptocurrencies / Mining (Altcoins) / Re: lolMiner 1.64: Fastest Kaspa miner in market on: December 14, 2022, 10:27:57 AM


What command can I use to reset the >memory< clocks to normal plz? thx ? I know there is one for core clocks.  Smiley
I try not to adjust these values in the miner, because they do not always work correctly.
In Windows, you can use third-party programs to fine-tune the memory (AMD-OverdriveNTool), and if you need to set default settings, then MSIAfterburner will do. In Hive OS and analogues, this is configured in the application interface
2077  Alternate cryptocurrencies / Mining (Altcoins) / Re: Aleo mining on: December 14, 2022, 10:21:28 AM
RaveOS added Damominer for mining Aleo
HiveOS does not yet have the ability to mine this coin
https://t.me/koliamainer/8490

Discussion of raveos on the bitcointalk forum
https://bitcointalk.org/index.php?topic=5120074.msg61440802#msg61440802
CHANGELOG
https://raveos.com/changelog.html#vBETA%208857-2173


MINIMUM SYSTEM REQUIREMENTS
Intel® Core™ 2 or better / AMD am3+ or better
4GB RAM*
4GB drive (HDD/SSD/M2/USB)
* For ETH mining on RX Vega 56, RX Vega 64, Radeon VII, RX 5700 you will need 6GB RAM
https://raveos.com/installation.html
2078  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Mining OS] RaveOS - Optimize your cryptomining business now! on: December 14, 2022, 10:17:04 AM
02.12.2022
You can download the system image here (read the installation recommendations on the website) or update the system on rig via the upgrade 8860-2180 command or upgrade -b 8860-2180 (for 1.0.25 or older versions)

For a correct update, we recommend using the following sequence of actions:

1. Stop mining (Actions-Pause)

2. Restart the worker (Actions-Reboot)

3. Update with the upgrade 8860-2180 or upgrade -b 8860-2180 command (after a successful update, the rig will automatically restart)

4. Start mining

https://raveos.com/changelog.html#v8860-2180
2079  Alternate cryptocurrencies / Mining (Altcoins) / Re: So much for PoS from PoW for ETH on: December 11, 2022, 09:13:30 AM
The easiest way to use the heat from mining is for space heating or water heating. This will be a very simple and reliable system that does not require much knowledge from the operating personnel. And the more complex and expensive the system, the more problems in the future.

Water heating?
I don't see how the heat from mining will be enough to heat water. Only if it's on a small scale.

Do you know of any concrete reports about this that you can share?
In fact, there are already a lot of these solutions and I saw the first working projects more than 5 years ago. I think it's easy to find on the internet. The amount of heat generated depends on the amount of mining equipment, but this project requires additional costs, which is not always beneficial.
2080  Alternate cryptocurrencies / Mining (Altcoins) / Re: Got a bunch of old HDD from Burst mining days… need them destroyed. on: December 11, 2022, 09:08:31 AM
No I just need them destroyed. I tried selling them like 5 years ago and no takers.

Most likely they don’t have any private data on them but I honestly don’t remember. I can connect to a computer and read the data but there is just too many of them and it’s time consuming. So I just want the quickest way to destroy any data and throw them in the bin.
I'm against destroying work equipment. Even in my country they pay me about 0.5-1 dollar for bringing this equipment for recycling. But for 3-4 dollars these hard drives can be sold, and if you have 100 of them, then this is the price of a good video card. You do not need to spend time checking, but simply turn on the formatting mode with the impossibility of data recovery. You will spend 5-10 minutes on this in the evening.
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