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If you want to earn money in cloud mining, it is better to buy 1 mining farm first. Then you will understand why you should not invest in cloud mining.
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If we are talking about reducing energy consumption, then there is a very simple rule. It is possible to develop an energy-efficient ASIC based on mobile processors, but the number of miners will depend on the mining profit on this coin. Even if one company has a monopoly for a while, Bitmain can quickly make its decisions.
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Actually miners still used CPU to mine coins. But, as more people are interested in coin mining, the mining process became more difficult since Hashrate is increased. And now GPU Hashrate is higher than CPU.
You write nonsense. The hashrate of a coin primarily depends on the algorithm. If you think that GPUs are superior to CPUs, then try mining Monero with the RandomX algorithm on GPU. It's not a shitcoin. Try to improve these results. https://xmrig.com/benchmarkAnd not all algorithms will win mobile solutions, so you need to understand for which algorithms to buy equipment. |
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This means that this should be the best card to buy for mining as GDDR6 does not heat to much compared to GDDR6X which is well known to heat up early and bring up problems,we had a lot of cases that the hash rate was down in this very section because of the GDDR6X memory. I only hope that the price is good,and seeing 220w tdp I think that it should perform well at 80 Mhsh at 140 w tuned for Ethash algorithm,if the price is good a rig with 3 of such cards will consume not much but will be mining a good amount of crypto like ETHW which difficulty right now is in the lows. 2 RX5600 video cards consume 160-170 watts and give out 80-85 megahash on the Ethash algorithm. The price of these graphics cards in good condition is now $200 each. If you need ETHW coins, then you can buy a similar hashrate cheaper and mine while the hashrate of the coin is small. |
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WildRig Multi 0.35.3 betaimproved nexapow up to 40% depends on gpu https://github.com/andru-kun/wildrig-multi/releases/tag/0.35.3bhttps://bitcointalk.org/index.php?topic=5023676.msg45328824#msg45328824Check all links with this post from the developer. Coin: https://cryptomining-blog.com/tag/nexapow/NEXA is yet another one of those promising new crypto projects that can be mined with GPUs that we want to point your attention to, it has been launched a couple of months ago, but until recently was largely running under the radar. NEXA could initially be mined only with CPU, but GPU mining was just recently launched and that is what spiked the growing interest in the project significantly. NEXA uses a custom mining algorithm that is also GPU-intensive, meaning that more powerful video cards will have higher hashrate and memory can be downlocked for lower power consumption. It is interesting to note that the project has a very high total coin emission of 21 Trillion, yes, that is a LOT of zeroes with a block time of 2 minutes and 10 Million NEXA coins block reward… apart from that concern definetly worth checking it out and mining some coins.
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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.
I just hope centralized pools don't take over the HDD mining industry, as that would make it much harder for the average Joe to mine at home using their old drives. Pools would effectively make solo mining pointless. We're going to have to see if developers are willing to make decentralized solutions such as P2Pool and Betterhash work on HDD-mineable coins like CHIA and BURST. But I doubt they will do anything about it, since HDD-mineable coins aren't that popular on the market. I've read something about "mineable tokens" on the ETH blockchain (eg: 0xBitcoin), so maybe we'll see HDD-mineable tokens built on ETH soon. At least, we aren't stuck with just GPU, ASIC, CPU, and FPGA mining. As long as there are many options to choose from, nothing else matters. Just my thoughts  What do you think will happen if the price of the CНIA coin rises to 200-300 dollars? The number of miners will increase, the hashrate will increase, and new miners will mine on pools, and not play with luck in solo mining. As a result, solo mining will be possible only for large miners, and not for home miners with a couple of dozen hard drives. |
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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. |
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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?  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. |
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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.
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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. |
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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. |
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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: -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? |
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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. |
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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. |
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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.
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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 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. |
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