pools get $13 million every day.
Security is expensive. POS doesn't work, And fakedollars (Stablecoins) that base their security on POS based based systems will hurt the most. And if the first 3 pools want to make an attack? https://miningpoolstats.stream/ethereumPOW mining also does not provide security for a coin if 3 large pools have a hashrate of more than 50% of the entire network. Mining is not as profitable right now, so reducing spending by $13 million per day could increase demand for the coin. |
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It never crashed in the previous settings, but sometimes the pc would freeze instantly. this is the last stable working setting. hiv core 905 mem 1890 hashrate 29.15 watt 51 https://postimg.cc/CBBS7Pw8Of course, there is a formula for operating with 44 watts of consumption in Windows as in the Hivos system. Someone will fix it Take a photo with a wattmeter from the wall without mining and after starting mining.  29MH 55 Watt I think this is one of the optimal settings for mining. There may be ways to reduce 5 watts of consumption, but these are new problems with stopping and crashing on a mining farm. |
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 https://beaconcha.in/Where are those who want to become validators? When Ethereum was worth $4,000, there was a huge queue of applicants. I think that it is more profitable now to become a validator and wait for the price of ethereum to rise. But with such a profit, video cards will be more profitable even in a bear market. |
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Will Cardano take second place on Ethereum?  What will we discuss after Ethereum stops using miners? Miners, miner developers, pools get $13 million every day. This is a big loss for most people. And with the price of ethereum over $ 4,000, this amount is about 50 million  |
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On a mining farm, several processor cores need to be used for mining on video cards. For example, if you have 12 cores, then it is better to run 10 in CPU mining so that the hash rate on video cards does not decrease. But this is not always profitable, because there is a very high competition in mining.
CPU mining threads usually run at the lowest priority so any other process can interrupt them. The impact on GPU mining is negligible. Even if GPU miners do a CPU prehash it takes priority over CPU mining threads. Running CPU miners at high priority can destabilize the OS and won't improve hash rate. If a GPU rig has a decent CPU I always mine with both. I don't have processors for mining on a mining farm, because you need to buy a more expensive motherboard, cooling system and an expensive processor. The payback period can be more than 12 months. Instead of using expensive processors and motherboards on 6 mining farms, I would rather build a seventh mining farm on video cards. |
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Well 2 cents for eth per mh works for me, but do we bail in Sept and do pos or do we delay till dec-feb?
place your bets.
Right now, under the worst possible outcome, ETH PoS is still roll out but delay for a few months than the initial estimate of ETH foundation that the merge will be in Aug/Sep. So at least, miners need to planing accordingly to that: stop buying/building new rigs, start slowly reducing the numbers of your mining rigs and change it to ETH so you have a stake in the new PoS system. I advise you to look at the telegram channels of miners where they sell video cards. There are a lot of offers to sell video cards at low prices. Therefore, now it is very difficult to profitably sell a mining farm. You can sell video cards separately, but this is very long. |
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Why 1060 3gb dont work with lol miner in hiveos, mining ergo? Ergo dag is below 3gb and it says memory error??
Read about zombie mode. It may be possible to extend mining on 3 GB video cards for several months, but with each new era, the hashrate will decrease, as it was with Ethereum mining. But I also mined ethereum on 4 GB video cards for several months. |
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 Source https://bitproit.com/This is the best visual picture about Ethereum mining. In Ethereum mining, there are asics with a hashrate from 1 to 4 Gh/s, which will then mine Ethereum classic, and the profit of miners on video cards will quickly end. |
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all my mining rigs have lower end CPUs since I wont be using then to mine and also to safe power.
This is contradictory to your question. If you don't want to mine with them in a mining rig then you don't wnt to mine with them, period. On a mining farm, several processor cores need to be used for mining on video cards. For example, if you have 12 cores, then it is better to run 10 in CPU mining so that the hash rate on video cards does not decrease. But this is not always profitable, because there is a very high competition in mining. |
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I suggest we get back to the topic. Are there any advantages of mining in the USA versus other countries? What country has the most crypto-friendly/mining-friendly policy regarding taxes and benefits?
I think the best country for a first business is your home country. In some countries, economic freedom and property rights are not always respected, but there are no taxes on mining and there is cheap electricity. The US has very expensive lawyers and very strict control. |
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With each new market cycle, the rise in the price of bitcoin decreases. It may be safe to store savings in bitcoins, but the price of ethereum and ethereum classic can grow stronger. I do not recommend mining shitcoins in the hope of making big profits.
I still think speculatively mining altcoins is a good idea as long as it's cheaper to mine them than to buy them. I ran the numbers. In general, over the past 6 years it's always at least 30% cheaper to mine any coin than buy it. If price stays stagnant, it can easily be 50% cheaper to mine the coin. I will always have at least 1 rig for speculative mining. BTC is definitely the safer coin and dominates the market cap during bear markets. It's probably better to HODL BTC while it's still falling, but trade it for altcoins when the market starts trending upward again. You do not take into account the latest changes in mining. Now a lot of people and companies are engaged in mining. You can earn profit if you have minimal electricity prices less 5 cents and video cards in your home, so you do not pay for maintenance and security. |
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Turning off the rigs does not seem a good idea to me, you can try to mine something else like ergo, etc, raven but why not continue to mine eth if you are still profitable even if only slightly if you have 4gb ram cards there is always the zombie mode of lolminer
zombie mode has not been relevant for ethereum mining for a long time. You can check that the hashrate will be less than 1 megahash. On 4GB video cards, you can mine other coins, where the DAG file has not yet exceeded 4 GB. Or mine Ethereum Classic and wait for the price to rise to $100. |
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Besides gaming what else can I use a 8700K CPU and a 11800 CPU for? Both are I7 CPUs and I believe there belong to the high end CPU category but there are here doing nothing, all my mining rigs have lower end CPUs since I wont be using then to mine and also to safe power.
If you do not use these processors, then try running Raptoreum mining on your mining farm. The profit will be small. The 11800h processor has low power consumption. But I would probably sell the CPU and buy a video card. |
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I believe that graphic cards like 1060 and rx580/570 will be very hard to run in this type of market right now, price of Ethereum isn't good and Ethereum mining difficulty is damn high, what else can someone do In this case than ro shut down the rigs and wait for difficulty to drop? What do you say.
These video cards are very good for Ethereum mining, and while mining is possible, they should not be turned off, even if the profit is minimal. The price of Ethereum may rise. But then it might be better to sell these video cards. |
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The true story of this guy who could have been a millionaire if he waited just a big longer is my main lesson nowadays every time I think of selling coins or selling part of their rigs.
If I had held half my DOGE from 2013-2014 and sold, I would've ended up with $220k If I held half my ETH from 2016, I would've ended up with $100k I finally learned my lesson, bought a portfolio of coins in late 2018 and built a GTX 1060 rig in 2019 for just $140 per card. It was all I could afford after my warehouse went bankrupt. That rig paid for itself 5-6x over and I got a 9x return on my coins. This time, I will mine with a dozen rigs during this bear market regardless of how bleak the future looks for GPU PoW. I don't care if they make zero profit for 3 years in a row. There is a lesson that I've ended up learning the hard way, do not sell all your coins or tokens even if you have to sell, always leave behind some small numbers just in case, selling some GPU to buy coins direct is a good strategy and selling all rigs for buying coins is a bad strategy too. I can tell you many stories when the coins that were mined in 2012-2015 died. Now the situation is different and sometimes too lazy to keep track of all the shitcoins in a few years that you mine. Most coins die. Then it can become a good idea to just convert all your coins to Bitcoin and hold,it is easy with 12 words seed phrases to not lose them.You can also sell many of the coins you have but that would never be a good idea in the long term so the best to do is to sell just the amount of coins for the needed money in case you need the money and the rest convert to real coins like Bitcoin to not suffer from pump and dump style which many altcoins suffer. The future is looking brilliant as Bitcoin crashed to 30 in 2013 then in 2015 to 300 and then in 2018 to 3000 and now in 2022 to 30.000,notice a pattern here,if it comes true then 2027 should be Bitcoin crashing to 300.000 dollars.This is enough for me to keep a large part of my Bitcoin untouched and only sell low amounts. With each new market cycle, the rise in the price of bitcoin decreases. It may be safe to store savings in bitcoins, but the price of ethereum and ethereum classic can grow stronger. I do not recommend mining shitcoins in the hope of making big profits. |
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Nicehash uses the same miners and the profit should be the same, but kamranki has a hashrate of 92 MH/s per card. You need to look for the reason for this or try to run the miner on another pool.Probably the problem is in the GPU overclocking settings.
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Not afraid at all,ready to change my hash rate to Ethereum Classic for one or two months which I believe will be the time needed for new like Ethereum coin to take over the mining of video cards and also ASICS but I would prefer an ASIC resistant coin.If it doesn't happen I will still mine at a loss because by mining at a loss with Nicehash during all 2018 the amount of Bitcoin I mined was translated in great money in February 2021,I am ready to give it one more try this time to the same pattern,mining at a loss. If Ethereum mining does not end,great news for all of us which will continue to get our daily share of cryptocurrencies by mining. Ethereum can be mined on asics, and after the end of mining, these asics will mine Ethereum Classic, so the profit will be very small. There are still a couple of coins on this algorithm, but even now mining is almost unprofitable. |
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