Server blocks are designed for heavy loads and work in data centers for 10 years, and then companies sell these power blocks to miners. This is because they operate under ideal conditions for cooling and stable voltage. I can’t even imagine how they would work in my village, where the voltage is unstable. |
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philipma1957, I liked your comments about the law. If it is profitable, then in Russia no one will think about it  I understand that these services cannot give a permanent job to all miners, and most of the time the video courts will be busy mining coins, and the profit will soon fall. Yeah my great fear on handling storing and working on anonymous files is that my wonderful government (USA) can use that as a reason to seize gear. So my two high end thread ripper pc's could be taken from my home. Even if they are returned and I am not jailed the government would hold them for at least 18-24 months. I may want to sell them off and simply get 2-3 k per pc as they have good value. I will continue to check the websites and figure if they are worth trying out. At the moment I need to work at restoring my main mining room as we finally got the solar installed and inspected and approved. We will soon be running a 260kwatt solar array at the mine which is a net of 48kwatts 24/7/365 We can run all our gpu's on that array. We have the same thing, there are no laws on mining, so mining equipment can be seized, and they can return it in a year or two, when its price drops a lot. As a rule, this rarely happens, because large miners solve these issues in advance. |
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Standard Hardware
CPU - Intel(R) Core(TM) i7-7700K CPU @ 4.20GHz
Storage - A NVMe solid state drive. Should be reasonably sized to deal with blockchain growth. Starting around 80GB - 160GB will be okay for the first six months of Realis, but will need to be re-evaluated every six months.
Memory - 64GB.https://3dpass.org/mainnet.html#mining_manually_windowsI have a Windows computer with 16 GB of memory, I can buy more memory, but I don't need more memory for my work. That is, even with 32 GB of memory, I will have problems with mining. I don't want to rent a server.
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ETC network hashrate: 52TH https://minerstat.com/coin/ETC/network-hashrate?Let's bet what the hashrate will be on this coin 3 days after the end of the start of ethereum mining. 3 days will be enough for large miners to be able to update ASIC firmware and start mining. My opinion is that this figure will approach 150 terahesh. |
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before mounting it I measured consumption and it absorbs about 2100w on the wall for each psu
This is already minimal information, if your power supply is 2000 watts, then when consuming 2100 watts from the wall, it means that its efficiency is 95% at maximum load or 90% efficiency if the power supply is 1900 watts. Now you need to look at the technical characteristics of each power supply and read technical forums about them. The main question that I would be looking for an answer to is the ability of this power supply to work stably at maximum load. |
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Hello Fellow Friends,
Thanks for your reply. I searched for some info based on your input and found "GIGABYTE GeForce RTX 3060 Eagle OC 12G (REV2.0) Graphics Card with 2X WINDFORCE Fans, 12 GB 192-bit GDDR6, GV-N3060EAGLE OC-12GD REV2.0 Video Card, pci_e_x16" at price of US$511 including all taxes and shipping charges.
Model No.: GV-N3060EAGLE OC-12GD REV2.0
Memory clock speed: 15000 MHz
I understand that mining alt coins will be profitable after a couple of years when the price of alt coins will increase. I will start with just 1 graphics card now.
The price of 3070, 3080, 3060ti are little bit expensive and offers RAM 8Gb - 10GB. And above card gives 12GB RAM at lesser price.
So, please give your opinion on this card.
Thanks
David
Wait a week and you will realize that the price of $511 is a lot for this video card, and its payback will be more than 3 years. If you have inexpensive electricity, then it’s better to buy 5 RX 580 8 GB video cards for $ 600. You will not be able to mine a lot of coins from 1 video card, but in addition to consuming 120 watts for mining, you will receive an additional consumption of 50-80 watts for the operation of the PC system unit |
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philipma1957, I liked your comments about the law. If it is profitable, then in Russia no one will think about it I understand that these services cannot give a permanent job to all miners, and most of the time the video courts will be busy mining coins, and the profit will soon fall. |
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To solve the problem, you need to measure the power consumption from the wall and find a master who will tell you the reason for the failure of the power supply.
When an ASIC has a very fast payback, problems often arise. Maybe your salesperson is also not an experienced technician. To make money on this, you need to find the reason and understand whether it will be profitable for you to eliminate it or not.
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150-180 not cheap. I would buy 3060 instead. Or wait for better deal.buying 2 rx580 and get 60mhs for 300-360$ and at powe at 260watts not sounds good in 2022.
Do you look at the payback rates of a video card when buying? A used RX 580 graphics card costs $120-140 in my country. These are prices for video cards in good quality. There are also models without video outputs, which are cheaper, but they are only for mining. If the models with problems. There, the price can be as low as $90. The 3060 graphics card is now $550, and it's expensive for that kind of profit. |
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The World's Open Video Infrastructure Livepeer is a decentralized video streaming network built on the Ethereum blockchain. https://livepeer.org/Distributed GPU rendering on the blockchain The Render Network® is the leading provider of decentralized GPU based rendering solutions, revolutionizing the digital creation process. https://rendertoken.com/Who made money on these services? |
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I have less experience about electricity and electronics but I am so sure that you can't use a pressing iron on a stabilizer, am I right? The grid power is not stable since 30hours ago, it fluctuates up and down and it's affecting my rig so I am thinking, is a stabilizer safe for a mining rig? I'm drawing 1000watt so what's the best stabilizer I can use if I can....
An electric kettle or iron does not need a stabilizer, because they will work at low voltage, only the heating process will be longer. I have 220 volts in the network, but there are jumps when the voltage drops to 180 volts and a little lower. A long mining experience in the village has shown that ATX power supplies from well-known manufacturers such as Corsair can easily cope with this task. If your voltage fluctuates between 100-220 volts, then this is illegal, and your electricity supplier must deal with this problem. Sure the PSUs are suppose to provide protection however can you really trust them in protecting thousands of dollars in equipment? Not worth the risk. Going between 100 Volts and 200 Volts is not going to happen. Typically what happens is you get something like 90V. And like you said. Most light bulbs or stoves won't be affected but sensitive electronics will be. 90V is worse because it'll cause the current to increase to make up for it. If its over voltage like 140V then most PSUs will quickly shut down. CORSAIR HX Series HX1200 Input Voltage AC 100-240 V Limited warranty - 10 years https://www.zones.com/site/product/index.html?id=105223540&page_name=product_tech_specIf the voltage goes out of this interval, the power supply will turn off. I think that when the voltage is reduced, the efficiency of the power supply will decrease and the heat will increase, but the problem of low voltage should be solved. |
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I am not a supporter of buying 4-5 year old ASICs after mining. This can only be done at a very cheap price for buying asics, cheap electricity and an inexpensive repair service. But with the current rate of Litecoin, you will have to wait for a new bullish season.
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Are you interested in this coin? It has nothing to do with mining. The site has links to communities where you can find the answer. https://kogefarm.io/vaultsSimilar projects are discussed in other boards, so please provide more information about the coin so that you can be helped. |
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I have less experience about electricity and electronics but I am so sure that you can't use a pressing iron on a stabilizer, am I right? The grid power is not stable since 30hours ago, it fluctuates up and down and it's affecting my rig so I am thinking, is a stabilizer safe for a mining rig? I'm drawing 1000watt so what's the best stabilizer I can use if I can....
An electric kettle or iron does not need a stabilizer, because they will work at low voltage, only the heating process will be longer. I have 220 volts in the network, but there are jumps when the voltage drops to 180 volts and a little lower. A long mining experience in the village has shown that ATX power supplies from well-known manufacturers such as Corsair can easily cope with this task. If your voltage fluctuates between 100-220 volts, then this is illegal, and your electricity supplier must deal with this problem. |
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Why are gpu miners trying to keep ethash alive? This is a loosing battle since asic devices are already up to 5x times more efficient.
At the moment it is still a transition phase for ethash asics but gpus are on the loosing end.
Once asics saturate any given ethash algo its over for gpus to compete.
It makes absolutely no sense as a gpu miner to support ethash anymore.
We need to switch to the next best asic resistant or better yet asic neutral algo.
Progpow algo is the closest to asic neutrality people came up with so, yes, it makes truly the most sense for gpu miners to support this algorithm.
It boggles my mind how short sighted you gpu miners are ... you guys actually shoot in your own foot and pretend it is ok supporting eg. ETHW
I do not think that ASICs on this algorithm are more efficient. On this algorithm, only Ethereum mining will give a good profit, and then ASICs will also have problems with payback and profit. Therefore, GPU miners are lucky that the manufacturers did not produce a lot of these ASICs. |
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Guys who like to mine on the CPU. Soon you will hate GPU miners because those coins where you can mine on GPU will get an influx of new users. And for some users, electricity is inexpensive. Processors will soon rest longer. |
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Hello everyone,
I'm from Lebanon and I was thinking to start mining, I know ETH is switching soon to POS but it would still be worth it to mine ETC and Raven?
Here we got a huge electricity outage, so I was thinking to install solar panels and inverters just for the mining rig, what do you suggest me?
On top of that would you recommend me to go with GPUs or an ASIIC
thank you for taking time reading this
Mitch212, I recommend that you wait a bit. There are approximately 7 days left before the end of Ethereum mining. What does huge electricity outage mean? How many times a day do you have power outages and how long does it last? This is not very good for mining. |
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You have an interesting way to calculate the hashrate. But you forgot that a lot of old video cards are involved in mining. The new PTX 3000 series has a very small share. https://hiveon.com/statistics/Data center GPUs are not used in Ethereum mining due to the high price and weak hash rate. So most old graphics cards will be sold on the market. |
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