Have you watched similar tutorials? How to build your own altcoin cryptocurrency mining pool A course for those who already know how to mine, but wish to expand their knowledge to creating their own mining pool https://www.udemy.com/course/how-to-build-your-own-mining-pool/As the miners say, the problem is not to build a pool, but to attract miners. |
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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. |
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From your presentation, I did not understand how this motherboard will be useful for miners. |
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And what is 65 years in the USA? Your president is 80 years old, although he sometimes falls asleep at meetings You have better medicine, so there are a lot of older people. In Russia, it is very difficult to live up to 70 years in the city for a citizen with an average salary. Don't worry now Putin will make sure this goes well below 70 with the stupidity of isolating Russia further and further.I don't want to bring this thread to political views but it is impossible when Russia is mentioned now,the fact that they ask for important parts for their technology chain from India says a lot to me and since Russia is already with this war about 40-50 years behind in technology compared to the West they better stop this war and sit down in the negotiations table rather than isolating further Russia up to a point where there is no return. Russia has good medicine and a lot of good private clinics, but not all people can afford expensive treatment. I have a mining farm in the village, and you can meet a lot of people over 80 years old there. And if you want to live long, then you need to leave the city for the countryside, breathe fresh air and buy natural products, and not what they sell in stores in the city. That is true that there is a lot of pollution in the cities and I believe the only big ones in Russia where truly the heart of their economy is Moscow and Petersburg,everything else I believe to be divided equally between all other cities although I don't know the Russian history that much.Even where I live there are a lot of good private clinics but not many people can afford them so what is the point on having them,just for the millionaires,does not make any sense to me. Unfortunately the last two decades where the average Russian increased his personal earnings during Putin regime it is all going straight into the garbage now because of the error of one man and no one is up to protest about it,that is a catastrophic economic mistake that Russia is making and people there are supporting this mistake. I recently wanted to make an appointment with the doctor. The initial appointment usually costs $15-30, depending on the experience of the doctor. I chose the best clinic where the initial appointment costs $ 100, but I was offered to make an appointment only at the end of February 2023. Even now, the demand for good medicine is high. And if I do not want to wait until the end of February, then I was offered an appointment with this doctor in 10 days at a more expensive price. |
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ETH main net launched I think in Aug 2015 and when it launched it pumped hard for a couple of weeks, miners made lots of money. However then it started to die off. I don't remember what the price was but towards the end of the year, I think with a R9 280X GPU (top mining gpu at the time) you made like 1 ETH per day per 280X.
However it seemed like great profits but it was mostly mining at a loss. I think ETH briefly dipped below $1 a coin when all the IPO people dumped their coins. However later it started to recover and in early 2016, it became more profitable than BTC ASIC mining... and the rest is history.
The best ones were Radeon HD 7990 heaters We then underestimated the ethereum and sold these coins at the market price. But now it's history. I remember mining ethereum with 2gb R9 370 graphics cards because they were very cold and had many advantages over R9 280X. |
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And what is 65 years in the USA? Your president is 80 years old, although he sometimes falls asleep at meetings You have better medicine, so there are a lot of older people. In Russia, it is very difficult to live up to 70 years in the city for a citizen with an average salary. Don't worry now Putin will make sure this goes well below 70 with the stupidity of isolating Russia further and further.I don't want to bring this thread to political views but it is impossible when Russia is mentioned now,the fact that they ask for important parts for their technology chain from India says a lot to me and since Russia is already with this war about 40-50 years behind in technology compared to the West they better stop this war and sit down in the negotiations table rather than isolating further Russia up to a point where there is no return. Russia has good medicine and a lot of good private clinics, but not all people can afford expensive treatment. I have a mining farm in the village, and you can meet a lot of people over 80 years old there. And if you want to live long, then you need to leave the city for the countryside, breathe fresh air and buy natural products, and not what they sell in stores in the city. |
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According to a representative from ARES Blockchain Gmb, the ARMedONE clusterboard will be launched around mid-December on Kickstarter.com. Some of the preliminary pledges depend on the shipping date. For example, the “Early adopter” pledge costs ~€1,499.00 and it gets you 1x ARMedOne board shipping around July 2023.
The “Kickstarter edition” pledge costs ~€1,699.00; the pledge includes 1x board, but it ships around August 2023.
The third batch will cost ~€1,825.00 and it will ship around September 2023. The retail price is expected to be ~€1,999.00 after the campaign ends. https://linuxgizmos.com/armedone-cluster-board-supports-up-to-28x-popular-computer-modules/And what should the miner do for the next 7-8 months? I do not want to wait.
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If you only have 1000kwh per month for Bitcoin mining you can only use S9 miner that consumed around 1400w per hour and around 1000kw in a month.
Or if you are looking for Bitcoin miner that doesn't consumed much power check USb miner like Compac F 48 pieces of them can hash around 14.4th/s with very low power consumption.
Unfortunately, today it is very difficult to find an Antminer S9 in good condition, because it has been on sale since mid-2016. Or buy several ASICs for block repairs. But asics make a lot of noise, which will be a bad solution for mining in the house, and mining a farm from video cards does not make much noise. |
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My house is currently the only house here in our area that has electricity. Many establishments like hardwares is only connecting to our power supply and they are the one who’s paying all the electricity bill including our own consumption as part of our deal when I allow them to connect.
I want to have my own mining rig that can generate profit that doesn’t consumed much electricity within a month. I need a suggestion for a rig that will consumed only maximum 1000 kWh for a month with the best possible income result. Budget for the rig is no problem because I have money for this investment.
With this option, I would buy a RX 570 or RX 580 4 GB. These video cards can be found inexpensively in very good condition and very cheap, about $ 700, to make a mining farm for ethereum forks with a hashrate of 240 megahash - 8 video cards. But only sell coins in the next bull market. |
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After the end of Ethereum mining in September, there is nothing more to write about. An expensive RTX 4090 video card gives a profit of $ 1 when mining 2 or 3 coins, and most other video cards are unprofitable. And next year the forecasts are not the best.
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It is not safe to invest in financial assets in all countries. And inflation in the US is 7%, according to the news. Even now, mining gives 10-30% annual profit, and investments in cryptocurrency now can give 300-1000% profit in a few years.
Investing in country assets is always safe, especially countries like the US. Now, if you say that it has less profitability in the short/medium term, yes it can happen. But, taking into account how the FED has increased interest rates, this type of investment is currently very profitable, at least in the short term. I don't understand how you can benefit when the annual profit and inflation are the same. All currencies are depreciating, in the US it is not so noticeable. In Russia, for example, the price of some goods has increased by 100 percent, and for some, the price has not practically changed. Okay lets say I have 10000 usd in USA I bonds. Some pay 6.9% others pay 9.62% pretend it comes to 8% for a year or 800 usd so 10000 turns into 10800. basically a perfectly pegged USD token as it is USD. Lets pretend I have 10000 in eth staked on coinbase. my 300 dropped to 250 even with the 6.85% they are promising which by the way is up from 4% if i had done 10000 it would be around 8300 as eth dropped. it is a bit more eth but less value based on the dollar price of eth. I am fine with doing speculation as long as I hedge. so 10000 in an ibond and 10000 in eth stake. means a year later. 10800 = ibond free to move around ? in eth stake likely to still be frozen 🥶 so my ibond move acts as a hedge against my eth stake. this is why A us bond is okay to do. will it profit against inflation maybe or maybe not but it will be liquid and close to a profit. while the 10000 in eth could be way up or way down liquid or frozen. I can do the eth move a lot more easily knowing I have the stable I-bond position. I am older 65. I cant think hodl for 20 years. but I can do a 2 year flyer on the eth stake cause I know I have the safe i bonds And what is 65 years in the USA? Your president is 80 years old, although he sometimes falls asleep at meetings You have better medicine, so there are a lot of older people. In Russia, it is very difficult to live up to 70 years in the city for a citizen with an average salary. |
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I heard about mining BURST in 2016 and some of my friends made good money mining this coin. But I tried to mine only on video cards because of the large number of coins for mining. The advantages of mining on HDD are only in very low power consumption and a good opportunity for a hobby.
From what I recall, back in 2015 we were in a GPU and ASIC bear market. Unless you had very cheap power, you were barely making anything. So Burst was gaining popularity. However the issue was that the price for the coin was very low. Later on it ended up spiking and would of made good profits for every HDD miner that held. However if you mined and sold your coins at the end of the week, the profits weren't that great. I remember well 2015 when Ethereum mining started. At that time, miners bought video cards for ethereum mining, because at the end of the year the payback of a video card was about 7 months, and electricity was more than 2 times cheaper compared to today. |
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If we are not talking about a few asics for the house and garage, which perhaps no one will know about, but about a container of 100 asics, then there is a problem with the electricity supplier.
In Europe, miners are banned from doing business due to a shortage of electricity. If we talk about Russia or Kazakhstan, then there are questions about the safety of equipment.
What will be the cost of Bitcoin mining in 6 years in 2028? I think about $50,000 minimum. Is it better to buy bitcoin?
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Also an important point, if the DAG is growing, the hashrate decrease - ETHW test gave me 2mh lower hashrates with the same settings. At the moment i don´t know why (TLB maybe like Nvidia Pascal or it is a miner problem)
The hashrate decreases, if the DAG is growing. This is also for P106-100 6GB Asus Mining Edition and P106-090 6GB Manli. I think It is not a miner problem. As i said - a kind of TLB like the Pascal GPU´s (P106 is a Pascal GPU)  GTX 1060 or analogues for mining Nvidia P106-100 with a slightly higher hashrate today are unfortunately useless in mining even with free electricity. But these were the best video cards for 5-6 years and after so many years of mining they still continue to be adequate for modern games. |
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I heard about mining BURST in 2016 and some of my friends made good money mining this coin. But I tried to mine only on video cards because of the large number of coins for mining. The advantages of mining on HDD are only in very low power consumption and a good opportunity for a hobby.
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It is not safe to invest in financial assets in all countries. And inflation in the US is 7%, according to the news. Even now, mining gives 10-30% annual profit, and investments in cryptocurrency now can give 300-1000% profit in a few years.
Investing in country assets is always safe, especially countries like the US. Now, if you say that it has less profitability in the short/medium term, yes it can happen. But, taking into account how the FED has increased interest rates, this type of investment is currently very profitable, at least in the short term. I don't understand how you can benefit when the annual profit and inflation are the same. All currencies are depreciating, in the US it is not so noticeable. In Russia, for example, the price of some goods has increased by 100 percent, and for some, the price has not practically changed. |
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