Experienced miners don't think about selling or stopping mining when profits are close to zero. I also lost some money on trading and investing in various projects, and mining has always brought me good profits. But there are a lot of miners and the profit is falling.
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Do you seriously think that someone can create a coin that can use at least half of the Ethereum hashrate and it will be profitable for mining? An ethereum fork will not solve this problem and ethereum classic already exists.
They will make an eth fork and preserve pow on that fork, I wonder how long that will work, price will be at lowest. And how will all smart contracts and other related projects like Matic work? I think it is very difficult to implement and this fork will be useless due to many problems, because ethereum related projects will not support it.
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I had updated the nvidia drivers, they are the ones that crashed the 3080 so I went back to the old one and it works. what drivers do you recommend me to use?
Use the drivers recommended by the miner developer. Perhaps you have other errors that occurred when installing new drivers. Before installing new drivers, use Display Driver Uninstaller DDU to remove old drivers. I don't think DDU works on HiveOS (Linux) If a beginner has learned to update drivers for hive OS, then he is well done. I'm used to the fact that beginners use Windows, so I recommend this software. Try it on hive os, this version works great for my comrades. nvidia driver-update 510.60.02
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Wonder how 2022 will be. If it goes POS then I am pretty sure it will be an instant capitulation for every miner.
If there's a recession at the end of this year in the U.S., along with ETH PoS, that will create the perfect storm. The capitulation phase would be a lot quicker than late 2018. Merge block number announced, then everything goes to 'hehell'. In a matter of days, video card prices crash from +10% MSRP to -30% MSRP. They eventually end up at half of MSRP. AMD cards suffer more because they are more tied to mining. where RTX 3090 prices could dive as low as $400. No GPU coin will be profitable even at 2 cent power for a while. When the panic phase is over, I think we will see similar profit levels to early 2019. Certain video cards like the RTX 3000's might have a 3-4 year payback time, while others are 10 years. The market will remain in that limbo state until/if another GPU PoW coin goes big. You'll still be able to make a 30% or so return per year if power costs 8 cents. Do you seriously think that someone can create a coin that can use at least half of the Ethereum hashrate and it will be profitable for mining? An ethereum fork will not solve this problem and ethereum classic already exists.
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I had updated the nvidia drivers, they are the ones that crashed the 3080 so I went back to the old one and it works. what drivers do you recommend me to use?
Use the drivers recommended by the miner developer. Perhaps you have other errors that occurred when installing new drivers. Before installing new drivers, use Display Driver Uninstaller DDU to remove old drivers.
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Hey everybody is it a wise idea to use my gaming pc for mining? i am thinking of buying a mining rig but i want to wait till August and you all know the reason and in the meantime i am thinking of using my PC for mining for a few months i have a GeForce 1050 TI using nicehash for mining any ideas for coins/pools or solo mining are welcome
Well, torture your video card for 20 cents of profit per day. https://whattomine.com/gpus/31-nvidia-geforce-gtx-1050-ti?cost=0.05&cost_currency=USDIf you are learning how to set up mining software, then use this opportunity for August. Well, earning and learning don't necessarily go together. Why demotivate someone if he wants to learn more... How long does it take to learn to start mining on a computer with 1 video card? For mining, you need to buy a mining farm or build it yourself, then the beginner will get more useful experience.1050 ti is an old video card, before mining you need to change the thermal paste and check the condition of the thermal pads.
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I have a 3080 graphic card that wont displayed on the monitor, I tried few Hdmi cables like 2.1 and the old HDMI but no display still, the funny thing is I can get display straight from fhs the motherboard only or if I insert a older GPU like 1060 I get a display, what should I look into next.
In the BIOS of the motherboard there is an option Graphic Adapter Priority, where you can select the GPU priority - built-in or discrete GPU. You may have an old motherboard that does not recognize the new RTX 3000 series graphics cards.
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Does it make sense to sell 40% of your mining rigs and keep the money for direct crypto investment and continue mining with the 60% left? How good or bad is this plan? also, It looks like miners are staying stronger this period, I expect many to have left mining but difficulty still remains very high.
If you have already paid off your mining farms, then this is probably a good plan if you have expensive electricity and cannot compete with other miners. And if you bought your equipment expensively and have not paid back yet, then know that miners always paid off mining equipment if they continued mining.
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1080 graphic cards aren't a good choice for mining anymore, leave the old cards be for PC gamers because that's the best a 1080 graphic cards can do right now, they are still 1080p display champions.
Thats not true , if you have a 1080Ti with 11 GB Ram its still a good card for mining for a few Algos. I bought mine straight after the Card was released i guess 5 or 6 years ago or something around that time , and it still mine without any problems. Depends what 1080 Versions you have for sure , and old Cards dont wanted anymore for PC Gamers , they want also the best and new cards. Many gamers dont care about new graphic cards, a 1080ti is still a beast of PC gaming till date, you only need to play graphical demanding titles in a lower resolution like 1080p, I am sure that the card can still push 40fps to 60fps easily at high graphic settings. This user thinks GeForce 1050 TI is a gaming graphics card. https://bitcointalk.org/index.php?topic=5400625.0I think that for most gamers, the GTX 1070-GTX 1080 Ti analogs will be a very good solution, because they cannot buy expensive video cards for themselves or they do not need high settings in games.
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Have they decided upon the block numbers already?
Not yet. In the discussion on drafting the EIP those devs who wanted to delay the bomb were advised to simply copy the last bomb delay EIP and adjust the block offset value to add 400,000 blocks. This value may change, so we'll have to wait for the EIP to be published. haha Ethereum developers are great pros at delay the difficulty bomb.
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hello everyone, I connected the 3080lhr to the rig, I use hiveos, I updated the drivers but the board malfunctioned. can someone help me thanks. I have already replaced riser, changed power supply cables etc.
If your motherboard is broken, then why are you changing the raiser and power cable? I first disconnect all video cards, check the processor socket, install a test video card, such as a GT 220, and test the motherboard on a tested power supply.
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Hey everybody is it a wise idea to use my gaming pc for mining? i am thinking of buying a mining rig but i want to wait till August and you all know the reason and in the meantime i am thinking of using my PC for mining for a few months i have a GeForce 1050 TI using nicehash for mining any ideas for coins/pools or solo mining are welcome
Well, torture your video card for 20 cents of profit per day. https://whattomine.com/gpus/31-nvidia-geforce-gtx-1050-ti?cost=0.05&cost_currency=USDIf you are learning how to set up mining software, then use this opportunity for August.
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hi ervyone im new on this and im looking for help, i bougth a h110 pro btc+ motherboard and im just starting with my rig and evrything works well but when im tryng to start witch cpu cables is not starting at all its like starting but not anymore , when i star without the cpu cable its working but with cpu cable not working please help me
What does working mean? To start the motherboard, it is enough to connect a 20 + 4 pin connector, but for the motherboard to work, you also need 4 or 4 + 4 pins, what you call cpu cable. Did you buy a used motherboard?
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33.5 Mh/s at 63W.
Wow, that is an excellent efficiency. The best I can get is 61.6 Mh @ 129w on the best of my RX 6800 cards. I am moving to an area with cheap power (9¢ residential, 5-6¢ commercial) which has the biggest Bitcoin farm in the world. I think I can buy cheap video cards after ETH PoS, mine on altcoins and stay profitable until the next gold rush. Where is the largest bitcoin farm in the world located? 5-6 cents per kilowatt is very expensive to mine when ethereum finishes mining. Mining shitcoins can end up with big losses, and ethereum mining had a good outlook in 2019 and 2020.
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Always check links in 1 post lolMiner 1.51aChanges & Fixes Improved / Fixed Nvidia memory management (allowing dual mining in Windows to run for more epochs on 6G cards) Updated Web Gui - showing LHR unlock percentage and dual factor "LHR_Unlock_Pct" and "Dual_Factor" now provided per GPU in the API https://github.com/Lolliedieb/lolMiner-releases/releases/tag/1.51a
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Option is available in hiveOS and you can do this miles away from home using your phone, you will be able to see if your rig is still running or not and with hiveOS reboot your PC will restart no matter what state of frozen it is.
You can restart or turn off the mining farm if your Hive OS is working and the problem is only in the miner. If your mining farm is not connected to the network, then on ordinary motherboards you will not solve the problem.
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I don't like 13 video card motherboards. For this price, I would buy 2 mining kits for 8 video cards and use 1 power supply. And I don't like to mix different video cards on one big mining farm.I don't think you will have problems with Hive OS.
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Eth will go down as low as possible, I am very much looking forward to this because vitalik has forgotten why ETH was a standalone warrior of a project, it's the only smart contract project using PoW algo but not anymore, ETH without PoW feels empty.
On which planet you are living? There are enough other Projects with PoW and smartcontracts. ETH is the biggest at the moment sure, but ETC,ZIL,CLO and so on. PoW is not an algo, it is an consensus mechanism. Perhaps for some miners, the abbreviation POW is just an algorithm for viewing hashrate and profit. Other coins that you listed even now have a low profit in mining, and after the completion of ethereum mining, they will not help the development of mining.
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I correctly understood that you have very cheap or free electricity? Start searching for these asics in your country or nearby.
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