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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What is wrong here?
--algo FLUX --pool solo-flux.2miners.com:9393 --user t1dh5mybNKAZEAz85PBRpHtMmYXfLX7XX86.$rigName -apihost 127.0.0.1 --apiport 4444 --watchdogscript reboot.sh
Miner ended or crashed. Restarting miner in 30 seconds...
Running miner: lolminer-v1.60
Options: --algo FLUX --pool solo-flux.2miners.com:9393 --user t1dh5mybNKAZEAz85PBRpHtMmYXfLX7XX86.OC3001 -apihost 127.0.0.1 --apiport 4444 --watchdogscript reboot.sh
option '--algo' cannot be specified more than once
Miner ended or crashed. Restarting miner in 30 seconds...
I generated this command when using the generator for solo mining on the site https://soloflux.fluxpools.net/extras : lolMiner.exe --user t1dh5mybNKAZEAz85PBRpHtMmYXfLX7XX86.OC3001 --port 7201 --pool us-solo-flux.fluxpools.net --pass x --coin FLUX FLUX is not an algorithm but a coin, its ZelHash algorithm. Every site has generators to run miners, have you used that?
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Evga advised me to contact local amazon for warranty. Evga accepts to check it for RMA if local amazon doesnt help me about it. But there is international shipping fee + custom fees. I will write what will happens.
How long will your video card spend on the road? If EVGA is loyal to the replacement of thermal pads and thermal paste outside of authorized services, then it can do diagnostics in a good service and check all power lines for a short circuit before shipping. If the repair will be expensive, then send the video card to the EVGA warranty service.
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does that mean it's the same hardware but gimped on purpose to justify the price tag? News does not give complete information. We need to wait for the tests of these processors. Not all chips are produced without defects, so defective chips are often used in processors and video cards of cheaper models. Sometimes a new model is even developed for this purpose.
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We are talking about other coins that are mined on video cards and they have a small hashrate. Large bitcoin mining pools will not transfer their power to other users if they themselves do not want to do this. But renting video cards for mining is much easier.
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yeah I don’t worry at all about the 300 that is now about 215. and that is with interest jumping to 6.85%
my usa i bonds backed by the fed pay 6.89% and the dollars always stay as a dollar with an i bond.
I have a lot more staked on the i bonds than i have staked on the eth.
more then 1000 or 2000 or 3000.
my gut tells me they will do far better than the eth does.
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.
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Will Google or Amazon abandon their obligations to partners in order to mine the CHIA coin? If the majority of CHIA miners belong to Google or Amazon, then this will become known and investors will sell this coin, which will result in big losses for large companies.
Probably. But they could always mine CHIA in secret, leaving investors in the dark. These companies have a lot of money and power, so the sky is the limit for them. HDD mining isn't as popular as ASIC or GPU mining, so people wouldn't care if CHIA or any other HHD-mineable coin becomes extremely centralized in the future. At least, the idea is there. Making it a success is another story. Maybe someday we'd get to see an improved version of CHIA that would bring equality to all miners on the Blockchain? If this happens, then HDD mining would become truly decentralized. I was thinking something like a hybrid approach where the coin could be mined with HDDs, as well as, CPUs. It would be something similar to Digibyte with a multi-algorithm PoW consensus mechanism built onto the protocol. The sky is the limit, so anything's possible. Just my opinion 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.
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This miner is legit, it was the first official miner as i remind. I used it months ago before kaspa became more support. But it is not worth anymore to use it, much slower than the other miners.
And why official miners do not want to compete with third-party miners? If the coin is popular on modern video cards, then the commissions give developers a good profit. And if you do not release new versions for several months, then the miners will stop using this software.
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Hi all,
Is there a faster resource for info on new POW coins than miningpoolstats.stream? Sometimes coins show up there in their new POW coins area that have already been mined to %#$ and are 5 days old…. Just looking for better info.
Probably now telegram channels for miners are filled with information about new coins faster, but the competition among miners is very high. But the forum information is published much later. And most new coins die after a few months.
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I put the artic MX4, I tried it for 10 minutes and it seems that the temperatures do not splash to 90°, as soon as I have the chance I mount it and update you.
thank you all
This is a good thermal paste, but I do not like its price lately. For non-hot graphics cards, miners usually use the Chinese equivalent of the GD 900, but if you have achieved good results with the MX4, and you are satisfied with its price, then everything is in order. https://www.wepc.com/reviews/best-thermal-paste/
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Staking technology provider Kiln has closed out a $17.8 million fundraising round featuring the likes of Consensys and Kraken Ventures. The company believes there’ll be “exponential” growth in demand for Ether. Ethereum’s recent transition to proof-of-stake (PoS) consensus also leads Sazbo to believe that demand for ETH staking will “grow exponentially.” His firm cited data from other PoS protocols that see between 50-80% of assets staked, in comparison to the 12.5% of ETH’s total supply currently staked in the Beacon Chain contract. https://cointelegraph.com/news/staking-tech-firm-kiln-closes-17-8-million-eyes-future-eth-staking-demand
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