Hi,
I am a newbie in mining and I am considering to buy a Mining rig with 6x rx 580 8gb for around 3000$ and start mine ETH. I am also aware of that ethereum will soon run on POS.
Question is, should I risk and start mining or it is not worth it?
Thanks for your opinions and helps.
You don't have to be a pro to build rigs yourself, you can use youtube video to learn how to put together a mining rig, there are countless videos like that on youtube, my point is you will safe money if you can build the tig yourself, you can also buy used GPUs instead |
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CPU mining doesn't scale like GPU mining. There are no "CPU rigs", just PCs with a CPU.
Apple MACs aren't the best choice but if that's what you got you can do it. Monero uses RandomX algorithm,
there are a couple of CPU miners that support it on Apple. I don't have any MACs so I can't recommend any.
Lol, there are CPU mining rigs mate, RandomX Algorithm is very CPU friendly than graphics card but the problem is the CPUs are too costly but I have friends that use Desktop servers with 8 cores or more to mine XMR using randomX algorithm and it's damn profitable |
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Wich motherboard have enough PCI express slot to mine Zcash, I want to build rig with 4 cards but it can be more, up to 12 if possible.
Tanks a lot, sorry for posting about zec here
Cordially
Don't mine ZEC you won't make good profits because that Coin isn't Profitable for those using graphics card anymore, there are other algorithms out there that are better, Ethereum for example, we have Monero, Ravencoin etc but if ZEC is still your choice you will have to order for asic miner |
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If you can't figure out the best for you just split the 100$ into two and invest in Bitcoin and Ethereum, the best coin that will bring the highest ROI is still bitcoin but Ethereum can still reach a new all time high also or if you are good at trading you can use the 100$ for trading instead
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Buy from official stores on alibaba or aliexpress and you won't have any problem, igame colorful and Maxsun are the best chinese brand money can buy, make sure you don't buy from people but from official stores only, many don't just know how to shop on these websites that's why they got scammed, you get discount this way, faster delivery and ease of mind
i was looking for a cheap GPU's , but when i gain info about these cards, all are saying these are Nvidia cards, now i am little confused  ... i thought it were Chinese brands? honestly if i think Chinese brands first thing i get in minds is CHEAP  , but these cards are not that cheap You don't understand, brands are different from makers, nvidia and AMD are the makers but brands are different, for example a gtx1080 is nvidia card, and the brand is MSI, or ZOTAC, another gtx1080 can be from Asus or colorful, it's still the same gtx1080, the brands are just different oooo , too early for me , but than again , whats the point to get those Chinese brands if they are not that cheap ?? its so programmed in my head, if i think Aliexpress , i think chinese cheap things  Thing about this, new brands want to get popular too, to get higher numbers of buyers they introduce discounts that's why chinese brands are not bad either, I remember when colorful brand got released they did many discount sales too, Maxsun is also a strong brand too and their discount sales is still out |
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DEX are becoming nothing but empty words right now, all they have to offer is just the decentralized part which makes it look like the most secured place to sell your assets but DEX have more problems than regulated crypto exchanges (CEX), trading experience is worse, not enough volumes, fake tokens available on the exchange, transaction fee is too high, these are some of the problems affecting DEX.
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Take your time to visit coinmarketcap and see the growth of altcoins since the past 50 days now you will have the answer whether there is altcoin season or not, the higher bitcoin grows the more altcoins will go up too, many people are already running out of patience I see but we can only rely on that patience for now
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I'm not defending EMIREX EXCHANGE. But, before you used the exchange you should know the policy and other things about the exchange. Their fee is not 50/50, you typed the minimum thats why you only receive half. They already have the fixed fee, go to check: https://kb.emirex.com/fees-structure for more information about the fee. One of the example, BTC fee is 0.001 and LTC 0.15 LTC so when you withdraw 0.002, of course, you only receive 50:50 because you are withdrawl with the minimum withdrawl other exchange could be same like this when they have the same fee and minimum withdrawl as EMIREX EXCHANGE. But, when you withdraw maybe 0.01 BTC you will be receive 0.009 BTC and 1 LTC will be receive 0.85 LTC.  See? I tested type 0.01 and you will receive 0.009 BTC so you are miss understanding about 50/50 fee. Adjustable fee or not, all depends on the exchange policy some exchange can be adjustable for the fee but some exchange was also have the fixed fee. I did my one findings too and I see that the withdrawal fee on emirex is way too high, 0.15 LTC is 20$ and that's their minimum withdrawal for LTC, we all know that making transactions with LTC, XRP, DOGE are the cheapest right now, they are indeed ripping people off  |
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Hey all After the announcement of the 3060 12gb variant. I wonder if this GPU is going to be faster for mining ETH in comparison to the 3060ti. The memory clock seems faster 16 Gbps vs 14Gpbs. but the memory bus is smaller 192-bit vs 256bit What are you guys thoughts on this? I expect nothing less than 45 to 50 mhs from the new 3060 gpu and the worst thing about new gpu is MSRP, if you aren't fast enough the price will skyrocket in a very short time and huge buyers will get the biggest advantage, probably sell back to others on ebay or Amazon for 600& each, this happens all the time with new gpus |
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Another thing to be worried about is for how long Ethereum is going to remain bullish, the fact is nothing ever last forever and the past crypto bull seasons took placed in few months, things can go south any time soon, make sure you are up for the total risk
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Is buying a RX5700xt pulse at 600$ worth it? I want to buy two of these card in my country and it's available very close to my city, if there is any way to get RX5700XT cheaper than this can you tell me where or how? Thanks
If you can still get one for that price random it's better than buying from Amazon and newegg, the price for one RX5700xt is over 700$ and some are selling for 1000$, I'm sure it's because of miners and Ethereum profits, at 600$ you can get ROI back in just 5 months |
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Hi Xardasim,
Thank you for your reply. I remember didn't make account in MyEtherWallet. The Ethers I made are through mining.
Can I use my 0x address directly in Binance?
If the ether you earned are through mining aren't you supposed to drop a wallet address to receive your Ethereum in the first place? I hope you aren't trying to mine ether directly into binance Ethereum address? If that's it then don't do it, it's better to get separate Ethereum wallet address for the mining rewards and move the ether from the wallet to binance for selling, I recommend trust wallet |
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What next bullrun you talking about OP? Aren't you aware about the dump that's going on presently? Many holders are selling off their bitcoin and I'm not sure they will divert the money back into altcoins, the truth is Bitcoin won't keep surging forever, there is time for everything
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What's sadden presently is after the huge ATH of Bitcoin all altcoins aren't surging high like that of January 2018, this is disturbing to say the truth, is it already over for altcoins? Is there still possibility that altcoins will surge high in near future? All I can see here is just bitcoin, Ethereum and very few altcoins
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Dear all.
Which pool can I use to mine the most optimal XMR?
and I can use xmrig to mine?
Thank you for support.
XMRig is the best Monero miner I've used in the past and also the best pool I've used is MineXMR.com, this pool is very stable and active too, easy to configure like other pools out there, use and drop your feedback, also know that Monero now use RandomX Algorithm  |
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All I know is amepay will be huge in this altcoin season, this project is released in the right time and also the team are very smart too, they have good plan for this project unlike most new projects that only cares about money making, top exchanges listing even makes more sense, I will gladly hold my tokens
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Well we all have different reasons why we invest or choose to invest in a certain project, for me partnerships are of two different types, some partnerships are nonsense, while some are of high quality, good partnerships is one way of detecting a high quality project, I recommend it 👍
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Do you have CMOS battery installed? Also is the CMOS pin in the right place? This is the next thing I would look into if I can't get it to work, if that is the case after checking the CMOS pin then the motherboard is faulty, you may have to return the motherboard
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It's better to buy a powerpack with gpu cables and not this one, I have few of them when I was building my rigs in 2017 because they are very cheap and I ended up burning some wires up, thank God as was not away from home at the time, if not I'd have cause big damages to my home then
There is nothing wrong using that cable, I've bought some brand new graphics cards that has same cable in the package, if the cable isn't safe they won't put on in the package, I got those cables from Nvidia cards the most, I believe they are safe |
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