And here we are ; )
Based on the ARMedOne we are going to offer IT-Containers and small IT-Tresors
The heat created inside has to be taken out. By having the hardware in its own „atmosphere“ but taking heat out we go around the humidity problem.
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. |
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So the risk of a faulty Asic miner is always present? Thanks @FP91G, by the way is it that hard to repair an Asic miner? I did some research yesterday online and I found out that some parts are switchable, like Complete board, Complete PSU etc
Is there any stores that sell Asic parts where someone can just easily order for faulty part?
You can engage in modular repair when you have at least 15 ASICs and the price of the module and the price of its repair are approximately the same. And how many modern ASICs can you buy for $15,000? https://www.asicminervalue.com/miners/bitmain/antminer-s19-xp-140thFor example, you buy 3 ASICs, and you have to wait for 2 of them to break, and halving in about 15 months. |
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So basically a few weeks back someone mentioned about HDD mining. And I remember I got a box of HDD which I couldn’t liquidate since there is no market for used HDD.
I got tons of these HDD. Some might have some private keys, some might have other private info. So I need to wipe them however wiping a 500gb hard drive with 1 and 0 a few write cycles can take like 12 hours.
So wondering what is the best way to destroy all the data without actually wiping it?
Do you want to use these hard drives later or not? The fastest option is physical destruction, but I would connect 2-6 hard drives overnight and format them using a special program. Then these hard drives can be used for mining farms or sold. |
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I have successfully sold every single graphic cards I own for crypto mining few days ago, some at loss and few at good money and now I've zero my mind to focus on Bitcoin only, something I should have done in 2021 instead of focusing on GPU and Ethereum?
Now I have 15,000$ at hand, I am looking for a durable Asic miner for someone who lives in a far away black country where tech is less important .
The reason why I said tech is less important here is because, right from day one I always said NO to Asic Miners because of repair and fixes, believe me no one knows how to fix Asic miners here .
So I want a very durable Asic miner that can serve me, I've heard about few that are prone to faults, Power fault that's why I need your guidance.
There are no such ASICs, because the risks of equipment breakdown are always present. And the more expensive your ASIC is, the more risks you have. For example, C9/S9 were quite reliable and maintainable, and even an engineer with very little experience could make a modular replacement and assemble one worker from two non-working ASICs. Some of my colleagues lost money because they bought asics, but did not install power stabilizers from problems in the mains. And in the village, cheap electricity and frequent problems with power supply. If you were my friend, then I would recommend that you buy bitcoin, because there are fewer risks. |
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Do you love hot algorithms?
I have always chosen those coins, the mining of which heats up video cards less and has less electricity consumption. Ergo miners have been mining for more than 3 years and the mining algorithm does not overheat video cards much, but I don’t know which coin is better.
Do you like shooting your own leg? Do you love to compete with "hidden" hardware like fpgas and asics? In order to achieve an egalitarian algorithm you actually WANT your given silicon to be used to its fullest ... ... that means YES the algorithm needs to use as many transistors and memory as possible ... ... which means YES the chip will heat up ... ... which means ProgPow for now is the ONLY way for gpus to stay relevant in mining ... ... which means GPUs, FPGAs and ASICs would run with very similar efficiencies (=egalitarian algo) ... A low power "GPU algo" will ALWAYS fall victim to fpgas and asics. How many coins can you name on the progpow algorithm? https://wheretomine.io/algorithms/progpowThis is a very small number of coins. If I have a choice, then I will mine coins with a lower power consumption and a less hot algorithm for my video cards. If there is no choice, then this is another problem, and you will have to spend money on an additional cooling system. |
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The problem is that your motherboards will start selling from August September 2023. If there are working samples, then I'm interested in watching a video review with consumption and profit in mining. So far, I don’t understand how to calculate the payback and what coins can be mined.
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I don't know how true is this rumour, I heard from someone that there are few NFT projects that you can mint using proof of work/ GPU to achieve? Is this true?
It sounds crazy that I turned that person away because it sounds like a red flag to me, what do you think 💭 .
If you prefer proof of work coins and NFTs on this blockchain, then the very first project is Ethereum Classic. If you are talking about mining NFT tokens, then I do not understand the meaning of this. Miners ensure the security of the blockchain and get coins for it. |
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Op I will like to know more about the information you gathered about mining on a Xbox series x because I have one and I got tired of it, now I play games on PC, I know that the series x have a very good GPU but I can't find any information about using it for crypto mining.
For now it's mostly speculation, here and there you have a thread popping out like this one: https://www.reddit.com/r/ethereum/comments/po2uzk/i_created_an_opensource_ethereum_miner_for_xbox/But I'm still researching and will link you too it soon  In general though, all the current gen consoles are capable of doing it, it's just a question on how much and how long they can sustain it. I'll keep you posted! 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. but for the future you never know. This is true, but we cannot make an assumption. Game consoles use the same graphics chips, if they don't nitpick a lot about technical issues.Game consoles are not designed to be mined 24 hours a day. First, a new ethereum should appear, which will give a big profit for GPU miners, but I don’t think about it now. |
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It is clear that you suggest mining on ARM processors due to their low power consumption.
But here the problem of competition with video cards or FPGA arises, because when the price of a coin rises, then its mining becomes profitable on other equipment.
I still question whether or not ARM processing capabilities are viable for mining. They may have low consumption, but how many ARM processors did it take to have the same performance as a "normal" processor? Would it be profitable? Have you heard about the Fujitsu Fugaku supercomputer on ARM processors? This is a very powerful supercomputer. https://www.fujitsu.com/global/about/innovation/fugaku/ARM processors are not universal like video cards and may not be popular for home mining due to the difficulty of purchasing these mining solutions. |
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Ravencoin has always been a bit of a darling to me. I like that it seemingly had Overstock’s support at one point and had paid developers working on it. I’ve never even heard of Ergo, so I assume it’s just another shitcoin with a large advertising budget? If it were me and I had to choose between holding those 2 coins, I would mine a more profitable coin and use them to purchase RVN. Better would be to use a site like NiceHash and stack sats…
Do you love hot algorithms? I have always chosen those coins, the mining of which heats up video cards less and has less electricity consumption. Ergo miners have been mining for more than 3 years and the mining algorithm does not overheat video cards much, but I don’t know which coin is better. |
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It depends on how long summer is in your country. If you have 4 months of summer, then in the remaining 8 months, growing food will be very difficult, trumpeting time and good skills. You can buy a house in the village and take care of your own garden when the profit from mining is enough to live on, but now everything has changed.
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It is clear that you suggest mining on ARM processors due to their low power consumption.
But here the problem of competition with video cards or FPGA arises, because when the price of a coin rises, then its mining becomes profitable on other equipment.
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5.0 Soft-fork Activation December 7, 2022 Voting concluded at block 857,087 with more than 90% support. Activation of Node 5.0 upgrade will happen at block height 889,856. https://kryptocal.com/event/82881/5-0-soft-fork-activationWhen asked about what kinds of improvements v.5.0 could provide to the blockchain, Chepurnoy offered the following: “It depends, some contracts are heavily hit by ahead-of-time costing (the protocol [that is currently used]), and so we can see 10x costing improvement there, others not so.” Ultimately, the goal of this new hybrid costing system is to increase the efficiency of the blockchain (by improving the number of transactions/block), while also reducing the current costing of smart contracts. https://ergoplatform.org/en/blog/Ergo-Node-v.5.0-The-Next-Evolution-of-the-Ergo-Platform |
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lolMiner 1.64
Changes Improved Kaspa only mining performance. Speed increase is about 8-8.5% on Nvidia Pascal GPUs, 4.5-5% on Nvidia Turing and Ampere GPUs and 3-4% on AMD Navi and Big Navi GPUs Beta feature: added options to set core clock offset (--coff), memory clock offset (--moff), power limit (--pl) and a fixed fan speed (--fan) on common Nvidia GPUs. Required are admin privileges and Nvidia drivers 520 or higher! The syntax is the same as with --cclk and --mclk - if a single value is given then it will be applied to all compatible GPUs, else a coma separated list of values can be given using a * character to skip over GPUs. (1) Added a new parameter --no-oc-reset to turn off the reset of overclock settings when ending the miner. Windows: Added a beta gui to generate overclock settings strings / .bat files for the miner. Also the tool can apply the chosen settings directly. https://github.com/Lolliedieb/lolMiner-releases/releases/tag/1.64Check all links with this post from the developer. https://bitcointalk.org/index.php?topic=4724735.0
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