I think rx470-480-570-580 and the king rx5700 are still actual.i call them monsters of mining.intel needs also couple of monsters like that. I would love to see.
These video cards are only relevant if you have free electricity and are going to mine Ethereum forks. At flea markets, these video cards are now massively sold. But these video cards have a very fast payback on free electricity due to the low price. My electricity is so cheap they profitable for me.im lookin 50-60 bucks for rx470 and 100bucks for rx5700 i will buy Are you having problems with a purchase? There are a lot of rx470 video cards on aliexpress at such prices. But in my country, even in local markets, these video cards are cheaper than in China, because for many miners it is unprofitable. Yes i have problem to purchase it long story explain why i cant buy. I can buy only with cash like old good days pay cash get hardware.here rx 470 are still at 120-160bucks i think it is bit expensive for 6 years old card. What country do you live in? You are right that buying these video cards for 120-160 dollars will be unprofitable even with free electricity, because these video cards can break down. Do you also have new video cards 3 times more expensive than the market price? |
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Another possible reason: Since late 2021, Bitcoin and other cryptocurrencies have lost over 80% of their value. The negative trend impacted the mining industry. Bitcoin miners have had to auction a large portion of their BTC supply to maintain their operations. Therefore, the report noted, “Microsoft might be worried that miners would not pay their cloud bills.” https://bitcoinist.com/microsoft-issued-ban-crypto-mining-online-services/ |
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My point is that a pool with a small hashrate can stop being profitable at any time, because a couple of large miners will leave. This needs to be monitored. There are no such problems with a large pool, the profit is the same. As a result, you spend less time.
Yeah I started to notice that in ETF single mining,we were like 50 miners or more and now we are 25-27 but the good thing is that the ETF+ZIL is full of miners right now,more than 700 miners which for a pool with such a low hash rate is a good ratio I think.I am monitoring it daily and I saw that as you said there are a lot of much better pools,if I see a drastic drop in profit I will change this pool to another one like Ezil for example which I have mined before,but for the moment everything is going smoothly so I am just checking everyday what happens and see what to do. Now the profit is so low that I'm too lazy to monitor the dashboard every day. Shitcoins are already very cheap, even though their mining is more expensive on many video cards. Maybe take a risk and invest for a few years? I am doing some kind of that,taking risk,I mine 1-2 weeks ETHW,1-2 weeks ETHF,then I see some other shitcoins and try for one or two days just to meet the minimum payout,I am just stocking up on these,but mostly ETHW and ETHF because both these claim that they are here to substitute ETH since it moved to PoS so who knows what happens.Right now is stupid to mine ETC which the difficulty is over 1.5 P while the ETHF has 30 T and ETHW about over 200 T,the price of ETC is stupidly low at 15 dollars and you make like 0.014 ETC daily with 100 Mhsh so is absolutely not worthy that is why I am sticking with these two ETHW and ETHF for now. What is the security of the EthereumFair(ETHF) coin with a hashrate of 2.18 Th/s? I do not believe that this coin will be used in the future. For more profit, it may be more profitable to mine other coins, and then change them to EthereumFair or EthereumPoW. I am just mining that until 15 January then switching to EthereumPoW and keep mining it,I think near 20 ETHF are enough for me if they hit the price target I am hoping they do.For ETHW I will keep mining as long as I will have the possibility to do so. I don't think mining other coins bring more profit as maybe they bring more profit in daily reward in dollars but right now these 2 ETHF and ETHW bring the best bang for your buck in crypto reward for the 100 Mhsh I am running the rig at just 240 watt in total so I don't think it is worth changing to anything else as I have tried other alternatives also. If history repeats itself, then mining could be unprofitable throughout 2023. I also mine EthereumPoW on 5600xt, but it is not profitable for me to do it on other video cards. According to rumors, Aleo coin may become a new trend in mining this year, but I'm still waiting for optimized miners for it. |
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Do you check the total consumption of the computer from the wall? I think my mining farm of 5 Rx 5600 consumes less electricity. You are doing very well, because you have one video card. When you build a mining farm of 5 such video cards, you will understand what mining on hot video cards is. Yeah that 71 degree Celsius doesn't look that well especially if it is on an open air rig with just one video card.The fans are low at 58% but I think such a powerful card like the 4090 should be built in a perfect quality so I would normally increase the fan speed to at least 70-75% or at least until the temperature goes to less than 67 degree Celsius. The profitability if it is only roughly 2600 Satoshi daily or 78000 monthly it is totally not worth mining at that energy power consumption which is near 0.5 Kw and it is 12 Kw daily,not worthy for me,even though I am a partisan of mining at a loss because it is usually in such time that money are made. I don't have an RTX4090 video card, but if you look at the experience of using the RTX3090, most of the video cards used low-quality thermal pads, and the miners had to change them after 6-12 months. For such video cards, open cases are not used due to overheating problems. |
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I think rx470-480-570-580 and the king rx5700 are still actual.i call them monsters of mining.intel needs also couple of monsters like that. I would love to see.
These video cards are only relevant if you have free electricity and are going to mine Ethereum forks. At flea markets, these video cards are now massively sold. But these video cards have a very fast payback on free electricity due to the low price. My electricity is so cheap they profitable for me.im lookin 50-60 bucks for rx470 and 100bucks for rx5700 i will buy Are you having problems with a purchase? There are a lot of rx470 video cards on aliexpress at such prices. But in my country, even in local markets, these video cards are cheaper than in China, because for many miners it is unprofitable. |
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There are regions in Russia with a price of 0.01-0.02 USD/EUR/kW, such as the Irkutsk region. In large-scale production, electricity prices are cheaper due to large consumption. Prices for citizens are regulated by the regulations of the energy commission in each region. And the price does not depend on the consumption of 100 kilowatts or 15,000 kilowatts. The problem of many villages in Russia is that there are very old transformers and if the miners turn on their mining farm, then the voltage in the electrical network drops. Residents are complaining, power engineers are starting to look for miners.  But in these cases, have the authorities shut down the miners? Are there fines or worse things going on? What is the possibility that a benefactor miner wants to improve the locality's network? It's possible? In regions with cheap electricity, villages are usually built to rent out to miners. If the power engineers come with the police, they can confiscate the equipment. Then, through the court, the power engineers can force the miner to pay at the commercial rate. If you are talking about replacing transformers and electrical wires in the whole village, then it is very expensive. This will require coordination with energy organizations, fire departments, and will take a lot of time, but you will still have certain consumption limits. It is not profitable. |
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I've never seen anyone talk about this before so I think it's better to ask for a straight answer, can Asic miners do double mining? I know its possible on Graphic cards but is it possible to mine two different coins on an Asic miner? For example BTC + BCH or BCD.
What is Merged Mining? Workers who mine BTC, BCH and LTC can not only receive mining coins, but also ELA, NMC, SYS, EMC, and DOGE for FREE. BTC Mined BTC and get 2 NMC, 5 SYS, 0.1 EMC, 0.8 ELA for FREE. BCH Mined BCH and get 1 SYS for FREE. LTC Mined LTC and obtain DOGE proportionally. (Available in PPLNS mode) https://support.viabtc.com/hc/en-us/articles/900001530543-What-is-Merged-Mining- |
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The last time 2 days ago I planned to do Bitcoin mining, as a mining experiment, I did it with a personal computer, and it went well for 2 days, but at this time the weather was extreme, it was raining, the wind was big enough, so there were power outages and internet network, the electricity was on and off. continuously with an interval of 3 minutes, such as on-off-on again-and off again lasts approximately 2 hours.
what I'm asking is whether this will damage my CPU and my mining tools later? and what should I do to deal with this to continue my bitcoin mining?
If you have a good power supply with active PFC and overvoltage protection, then nothing threatens your equipment. I had a situation when the mining farm turned on, and after checking it turned off due to a short circuit, and I didn’t go looking for a problem for a long time. Mining farm is still working. But mining on a PC is now unprofitable. |
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I am not the developer of this miner. Check all links yourself. Many miners speak positively about this software. This is a miner for the Aleo coin. Releases https://github.com/damomine/aleominer/releasesv2.2.41. The performance of the 30 series is increased by 10%+ and the performance of the 20 series is increased by 15%+ while the CPU requirement is further reduced. 2. Support auto switch proxy line function 3. Miner API support, easy to connect to cluster management and monitoring tools. Who has already tested? How are the changes? P.S. miners says about increasing the hashrate on the RTX 3080 from 2120 to 2390 H. https://t.me/koliamainer/8541
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In Russia, there are different tariffs for electricity for urban and rural residents. If you are in a village, then electricity is cheaper from 25 to 50%, but it depends on the region and on programs to help rural residents. If the house is registered for a pensioner with a disability, then this is another 30% subsidies. But the inspectors will have questions about why a pensioner spends 10,000-15000 kilowatts or more per month. Real estate in the village is inexpensive, so the miners bought houses to install mining farms. Russia has a large energy production capacity, either through oil or through gas. Therefore, it is normal for them to be able to present lower energy prices. In addition, they have another very useful element for miners, which are low temperatures. This allows not having such high costs for cooling the equipment. I think the cooling is a perfect element why miners there can run their farms without additional cooling costs or devices most of the time,the temperatures in winter are often below zero there.For the energy they should have much cheaper than 0.05 usd/eur/kw as they have a huge capacity in energy production,they were serving all of Europe before they decided it is time to just invade another independent country bordering them and from then Europe has put a lot of sanctions greatly reducing their relying on Russian energy,now that this happened for 2023 they should have energy price of 0.01-0.02 usd/eur/kw which should further incentive miners to even running their rigs when we are in the deepest of the crypto winter stage. There are regions in Russia with a price of 0.01-0.02 USD/EUR/kW, such as the Irkutsk region. In large-scale production, electricity prices are cheaper due to large consumption. Prices for citizens are regulated by the regulations of the energy commission in each region. And the price does not depend on the consumption of 100 kilowatts or 15,000 kilowatts. The problem of many villages in Russia is that there are very old transformers and if the miners turn on their mining farm, then the voltage in the electrical network drops. Residents are complaining, power engineers are starting to look for miners. |
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It's a good decision too, keeping the cards to the next mining season.
In my opinion, If I had 0.05c electricity, I would mine ETC and RVN to hold until a possible bull run next years.
But you make me curious, your farm is not on your home?
In this case I agree with you, it's not worth the work to keep mining.
In Russia, there are different tariffs for electricity for urban and rural residents. If you are in a village, then electricity is cheaper from 25 to 50%, but it depends on the region and on programs to help rural residents. If the house is registered for a pensioner with a disability, then this is another 30% subsidies. But the inspectors will have questions about why a pensioner spends 10,000-15000 kilowatts or more per month. Real estate in the village is inexpensive, so the miners bought houses to install mining farms. |
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Do you check the total consumption of the computer from the wall? I think my mining farm of 5 Rx 5600 consumes less electricity. You are doing very well, because you have one video card. When you build a mining farm of 5 such video cards, you will understand what mining on hot video cards is. Of course, you are right when adding 5 or more video cards, the picture of consumption as well as the temperature regime will change dramatically, the multiplicative effect will certainly have its effect, but I was just interested in checking my card in different algorithms. Would you like to get a better hashrate than what is available in calculators? Today, on free electricity, this video card pays for itself in 6 years, and at a cost of 5 cents, about 12 years. This is not the most useless video card in mining, but in the near future I do not see prospects for its payback. |
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How do you find a password if it's 20-30 characters, letters and numbers and you don't have password hints?
You can spend a lot of time on enumeration of passwords and will not achieve results. Miners were offered such projects, but the reward is given only in case of success. But miners are not stupid people.
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I think rx470-480-570-580 and the king rx5700 are still actual.i call them monsters of mining.intel needs also couple of monsters like that. I would love to see.
These video cards are only relevant if you have free electricity and are going to mine Ethereum forks. At flea markets, these video cards are now massively sold. But these video cards have a very fast payback on free electricity due to the low price. |
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These are not the highest prices in Europe that I have heard of. I have less than $0.05 due to the fact that the dollar has risen against the ruble again, but mining is unprofitable. If there is no cheap electricity in Europe, then many miners will sell their video cards.
With $0.05 kWh I think I would be mining with more cards right now  What coins would you mine and on what video cards? My old GTX1070 and GTX1080 graphics cards are on sale now, GeForce RTX 2070 will give me $5 profit per card per month. It is unprofitable, and if I have to go to the village to maintain the farm, then my profit will be very small. I decided to keep these graphics cards in good condition until next season. |
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Countries restrict miners from using electricity to mine bitcoin, but there are no such restrictions for data centers. If mining is going to bring in a good income, then data centers have good advantages for mining with lucrative contracts for the supply of electricity.
But in that case, it can compensate the miner to open a company as a Data Center, and rent a warehouse to place the mining machines and the respective data centers for mining. It's just that using cloud services from Microsoft, Amazon, Google or others may be appealing but it's not recommended. Because these servers were not designed to support mass mining, and this could affect the performance of the equipment for other customers. This is not in the interest of these companies, as it will lower the level of quality they want to offer. You can check my words even on your PC. Mining sometimes consumes less power and generates less heat than normal workloads such as rendering, AI calculations, or general archiving. Microsoft, Amazon are very cunning and want to rent a server to as many customers as possible. |
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What is required to use WhenToMine?
You need a supported smart plug. And a IFTTT account (free for 2 rigs) and 2,5€ per month for more than that. And that's it! https://www.whentomine.io/On the one hand, an interesting service that includes your mining farm at night, when the electricity discount reaches 50%, but I can do it without this service very easily. In my country, if I transmit monthly readings of 100 kilowatts a day rate and 3,000 kilowatts a night rate, this will cause unnecessary suspicion in the electricity company.There are 24 hours in a day, and my night rate is 8 hours. If mining is not profitable at the daily rate, then I will not mine at night either.
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My point is that a pool with a small hashrate can stop being profitable at any time, because a couple of large miners will leave. This needs to be monitored. There are no such problems with a large pool, the profit is the same. As a result, you spend less time.
Yeah I started to notice that in ETF single mining,we were like 50 miners or more and now we are 25-27 but the good thing is that the ETF+ZIL is full of miners right now,more than 700 miners which for a pool with such a low hash rate is a good ratio I think.I am monitoring it daily and I saw that as you said there are a lot of much better pools,if I see a drastic drop in profit I will change this pool to another one like Ezil for example which I have mined before,but for the moment everything is going smoothly so I am just checking everyday what happens and see what to do. Now the profit is so low that I'm too lazy to monitor the dashboard every day. Shitcoins are already very cheap, even though their mining is more expensive on many video cards. Maybe take a risk and invest for a few years? I am doing some kind of that,taking risk,I mine 1-2 weeks ETHW,1-2 weeks ETHF,then I see some other shitcoins and try for one or two days just to meet the minimum payout,I am just stocking up on these,but mostly ETHW and ETHF because both these claim that they are here to substitute ETH since it moved to PoS so who knows what happens.Right now is stupid to mine ETC which the difficulty is over 1.5 P while the ETHF has 30 T and ETHW about over 200 T,the price of ETC is stupidly low at 15 dollars and you make like 0.014 ETC daily with 100 Mhsh so is absolutely not worthy that is why I am sticking with these two ETHW and ETHF for now. What is the security of the EthereumFair(ETHF) coin with a hashrate of 2.18 Th/s? I do not believe that this coin will be used in the future. For more profit, it may be more profitable to mine other coins, and then change them to EthereumFair or EthereumPoW. |
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What are the electricity rates in Portugal?
Depending on the type of contract, the values are around 0.16~0.19€/kWh. These are not the highest prices in Europe that I have heard of. I have less than $0.05 due to the fact that the dollar has risen against the ruble again, but mining is unprofitable. If there is no cheap electricity in Europe, then many miners will sell their video cards. I have already purchased RTX 4090, so I don't really expect surprises in 2023 for myself in terms of acquiring future Nvidia cards, if only to expect the release of RTX 4090Ti, it was interesting to see what they would do.
I hope you bought it for games and not for earning 40 cents a day. Of course, mainly for games in 4k resolution, but sometimes I just test rtx4090 in different coins, but mostly it works on ssc mining since you can get about $0.9 a day there since the number of miners is not large. With such a profit, unfortunately, mining is not profitable on this video card. |
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