 Presently, Nvidia generates more revenue from their data center and networking market segment (which includes data centre platforms as well as autonomous vehicle solutions and cryptocurrency mining processors) than from their graphics reporting segment. In FY2023, Nvidia generated US$15.01 billion in Data Center revenue, which accounted for 55.6% of the total revenue generated for the year. This presents an increase in Data Center revenue of 41% from 2022, where Nvidia has shown year-on-year growth in Data Center revenues of over 40% since 2020. Contrast this to other AI chip designers – such as AMD (who recently acquired Xilinx) and Qualcomm – and it is clear that Nvidia are establishing early dominance in the data center AI space.
The company is not resting on its laurels either. While the A100 is presently the most commonly used chip for AI purposes within data centers, Nvidia announced early this year the H100 GPU, based on their new Hopper architecture. The Hopper architecture is built in TSMC's 4N process (an enhanced version of the 5 nm node), incorporating 80 billion transistors (the A100 has 54.2 billion transistors, made in a 7 nm process). With speedups ranging from 7X to 30X across training and inference when compared with the A100 – as well as a comparable thermal design power in the PCIe form factor – Nvidia will be supplying the key hardware necessary to run the increasingly complex AI algorithms of tomorrow.https://finance.yahoo.com/news/nvidia-market-cap-exceeds-us-183200361.htmlWith such success, Nvidia will not pump new coins for mining on gaming video cards. With this success Nvidia is now pumping kawpow as I type bro. once again they do not need to feed much into kawpow to get huge sales. they now have excess money so buying kawpow raven coins easy to do. the cap of RVN is under 300,000,000 So they simply need to jack the price and cap up https://coinmarketcap.com/currencies/ravencoin/a 3060 ti 130 watts and 25 hash makes money at 10 cent power and at 6 cent power make even more I don't understand how Nvidia is connected to kawpow. 4 cheap RX 470 graphics cards for $240 give the same hashrate as a $2000 RTX 4090 graphics card. While the kawpowd algorithm gives a second, third... and so on life to old video cards like RX 470 and ASICs for this coin are not planning to appear. |
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Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice I don’t know where the profit of 65 dollars from 105 old video cards comes from. And these video cards consume 15 kilowatts of electricity per hour. https://hashrate.no/gpus/470If I mine, then with my electricity price the average profit per day will be 30-35 dollars, but this can change any day. Don’t forget the time when mining on these video cards was unprofitable. Free electricity goes a long way when it comes to profit on graphics card mining. I assume that’s why he’s making a profit with old cards where others would be lucky to break even. Pretty amazing to inherit 100 graphics cards regardless of the reason. I’m glad to see that OP has found a way to keep them online and working. With free electricity it is impossible to mine at a loss  But in my experience, in such cases there are other risks or the miner must pay money to another person for using this resource. If I had such a resource, I would buy more modern video cards or even ASICs in order to use these 15 Kilowatts with maximum benefit. You've actually sort of explained how you can lose money with free electricity. Expanding your mining footprint with your own money means you now have an investment to recoup. If any of that hardware goes bad, you're losing money. If the hardware takes a lot of air conditioning to keep functioning, you've now got more equipment to invest in. If a thief comes or a fire breaks out... More losses. Don't kid yourself, there's always ways to lose money and if you're greedy, you'll find them. If I were OP I would be selling those things on eBay before they're worthless and mining with them in the meantime to take advantage of free heat if possible. That's how you don't lose money in this scenario. You can protect yourself from fires and problems associated with installation and wiring if you have basic knowledge of electrical engineering. If you buy non-hot video cards, they will work even without ventilation, but this depends on the room temperature. RX 470 video cards work in any conditions even at a chip temperature of 80-90 degrees for a very long time. And to prevent theft, you need a protected area or a private home, and the most important thing is that no one knows that you have mining equipment. |
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Marathon mined a company-record of 1,853 bitcoins in December and 12,852 bitcoins in 2023.
The company also increased its average operational hash rate 18% month-over-month to 22.4 EH/s.
It attributes its production growth directly to higher transaction fees on the Bitcoin network.
In a bitcoin production and mining operation update published yesterday, Marathon Digital Holdings announced that it produced a company-record 1,853 bitcoins ($81.2 million at current prices) last month.https://www.theblock.co/post/270548/marathon-bitcoin-production-december-2023
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Presently, Nvidia generates more revenue from their data center and networking market segment (which includes data centre platforms as well as autonomous vehicle solutions and cryptocurrency mining processors) than from their graphics reporting segment. In FY2023, Nvidia generated US$15.01 billion in Data Center revenue, which accounted for 55.6% of the total revenue generated for the year. This presents an increase in Data Center revenue of 41% from 2022, where Nvidia has shown year-on-year growth in Data Center revenues of over 40% since 2020. Contrast this to other AI chip designers – such as AMD (who recently acquired Xilinx) and Qualcomm – and it is clear that Nvidia are establishing early dominance in the data center AI space.
The company is not resting on its laurels either. While the A100 is presently the most commonly used chip for AI purposes within data centers, Nvidia announced early this year the H100 GPU, based on their new Hopper architecture. The Hopper architecture is built in TSMC's 4N process (an enhanced version of the 5 nm node), incorporating 80 billion transistors (the A100 has 54.2 billion transistors, made in a 7 nm process). With speedups ranging from 7X to 30X across training and inference when compared with the A100 – as well as a comparable thermal design power in the PCIe form factor – Nvidia will be supplying the key hardware necessary to run the increasingly complex AI algorithms of tomorrow.https://finance.yahoo.com/news/nvidia-market-cap-exceeds-us-183200361.htmlWith such success, Nvidia will not pump new coins for mining on gaming video cards.
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Mining karlsencoin(KLS) for everyone!Karlsen Faucet sends Karlsen to anyone requesting.
It has a defined address, where you can send or mine Karlsen. If the faucet address has enough Karlsen, it will send it to an address you provide.
Faucet can receive funds at the following address:
karlsen:qptwccmajlgeeqclehyr7w8uqeyx0jtctd53j4p9s4v0k0v9a6pjyfglrhdq2
Requests are limited to the maximum of 0.05 KLS per IP address, per 24 hours.
You currently have 0.05 KLS available.https://faucet.karlsencoin.com
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I also recommend https://hashrate.no/gpusbecause this service is more thoughtfully made than the old resource https://whattomine.com/For me, it’s also faster to open a website than to use a telegram bot, and miners discuss new coins in telegram chats. After some checking and searching for information, I add them to the forum. |
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Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice I don’t know where the profit of 65 dollars from 105 old video cards comes from. And these video cards consume 15 kilowatts of electricity per hour. https://hashrate.no/gpus/470If I mine, then with my electricity price the average profit per day will be 30-35 dollars, but this can change any day. Don’t forget the time when mining on these video cards was unprofitable. Free electricity goes a long way when it comes to profit on graphics card mining. I assume that’s why he’s making a profit with old cards where others would be lucky to break even. Pretty amazing to inherit 100 graphics cards regardless of the reason. I’m glad to see that OP has found a way to keep them online and working. With free electricity it is impossible to mine at a loss But in my experience, in such cases there are other risks or the miner must pay money to another person for using this resource. If I had such a resource, I would buy more modern video cards or even ASICs in order to use these 15 Kilowatts with maximum benefit. |
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Questions
1. With the large population of miners around the world, could every miner earn a reward at least once a month?
2. If it's impossible for every miner to earn at least once a month, does that mean that mining is not a profitable business?
If you are a novice investor with several ASIC containers, then you will use a mining pool and not try to mine solo. When you have 1-2 megawatts per hour of energy consumption, then you will not play the solo mining lottery Bitcoin mining is a very profitable business, because mining companies pay back their investments in 1 year. |
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You also need to remember to say that the Bitcoin hashrate increased 3 times in 2023, and in order for miners’ profits not to fall, they needed to increase their fleet of mining equipment several times. A large part of this profit went to the purchase of ASICs and the construction of new mining areas.
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...
There are many miners that can run underground even without public knowledge. You can easily export the machine to North Europe and run a farm, because hashpower is global. The bans are cosmetic. Would you risk illegal, easy-to-detect, energy-guzzling and noisy activity for the potential profits? If you do, many people will not risk it, so since mining was banned in China, miners have moved to other countries. There may be a percentage of mining in China, but the main mining basins, which control a good percentage of hashrate, are outside China. percentages here https://mempool.space/graphs/mining/pools and search for pools locations. Mining pools do not show the location of the equipment. Russian miners often use AntPool. Binance pool has good conditions for commissions and sales on their exchange. But if you have your own hydro generator, then you are more difficult to detect than a regular miner. |
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yeah xfx were always troublesome.
Question on the rx 470 cards I have six maybe seven blower cards.
what do they give if mining Kawpow.. I have a six card board I can set up do they do 16 or 18 or better for kawpow? i think watts are around 120.
what should core be?
i use simple mining.
core 1150?
volts. .700
mem. 900
volts 1.300
vots. .750
have not run them in a while.
Core 1150 MHz Memory 2000 MHz I had problems when increasing the frequency, so 2000 is optimal. But you can overclock to 2100, although on Kawpow there will not be a big increase in hashrate, and the memory will overheat. volt 875-900 mv This is not Ethereum, Kawpow loves to consume electricity
yes might be liquid inside copper pipe leaked, but i dont think cause to much for rx 470 card which is low power gpu, might be some bent in mounting and die not connecting evenly in heatsink
this happen on many vegas gpu. trying to replace with new heatsink to costly for gpu already fall in price
In my case it was a RX580, but same series basically. I did notice on this particular model (MSI Armor) that when you take the heat sink off the GPU, on the backside there is a small copper tube inset in the block with the two aluminum tubes connected one each end. I wonder if this is why this particular brand/model leaks more. I have other similar GPUs from that era that have a similar design that use solid aluminum throughout with the piping (tubes) all being one piece instead of two. Anyway, I assume that what ever fluid they use inside these tubes, or heat pipes, boiled away over time and now they are just empty tubes of air acting more like an insulator than a conductor of heat. All that is left is the direct metal contact of the remaining portion of the heat sink which will transfer some but not all of the heat away. MSI Armor is a reliable video card in terms of elements, but it has very poor fans and cooling radiator. If there is overheating, it is usually due to gas escaping from the radiator tubes. On the secondary market, these radiators are bad and they cost 80% or more of the cost of the used video card. My video cards mine the Kawpow algorithm with a temperature of 90 degrees with a bad heatsink and they are still alive. Hi FP91 Nice to see people still here and talking. Hows your rigs running? I have armor rx 470 running since 2018 with original fans  fans quality amazing they just dont die.i have 3 armor rx 470 and one armor 480 8gb. I think they had problem in factory with heat pipes for this model thats why i saw same problems with armor rx470. Worst fans is xfx rx570.red fans Over the past 5 years, all the fans on my MSI Armor have died. I bought Chinese analogues and sold video cards. I left video cards with bad heatsinks for my own needs. Chinese fans die within 2-3 months of mining, so I use 80x80. |
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Currently 65 dollars a day in profit. God I hope a Kawpow ASIC is never released.
okay got to get the 470s back on line. nice I don’t know where the profit of 65 dollars from 105 old video cards comes from. And these video cards consume 15 kilowatts of electricity per hour. https://hashrate.no/gpus/470If I mine, then with my electricity price the average profit per day will be 30-35 dollars, but this can change any day. Don’t forget the time when mining on these video cards was unprofitable. |
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.. especially since I believe that the laws in China are strictly implemented. Which is what I have been thinking since the day this thread was first posted. China is well known for its laws and habit of controlling everything that its citizens do. Hence if mining is illegal people would not dare to run it underground. However I am not aware of insider details, I would assume that the people there would be terrified of resuming mining even after a ban is running and think twice before re-starting if the ban if lifted. Such a news article will make no sense until the ban is actually lifted. You speak without knowledge. Have you ever seen how the business works? There are many miners that can run underground even without public knowledge. You can easily export the machine to North Europe and run a farm, because hashpower is global. The bans are cosmetic. In mining, the big problem is not to hide the equipment, although this is also important. It is possible to hide mining equipment, but it is difficult to hide the constant consumption of electricity. In Russia, power engineers have become very effective in catching illegal miners due to high electricity consumption.These are also cosmetic measures, but miners are afraid. |
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yes might be liquid inside copper pipe leaked, but i dont think cause to much for rx 470 card which is low power gpu, might be some bent in mounting and die not connecting evenly in heatsink
this happen on many vegas gpu. trying to replace with new heatsink to costly for gpu already fall in price
In my case it was a RX580, but same series basically. I did notice on this particular model (MSI Armor) that when you take the heat sink off the GPU, on the backside there is a small copper tube inset in the block with the two aluminum tubes connected one each end. I wonder if this is why this particular brand/model leaks more. I have other similar GPUs from that era that have a similar design that use solid aluminum throughout with the piping (tubes) all being one piece instead of two. Anyway, I assume that what ever fluid they use inside these tubes, or heat pipes, boiled away over time and now they are just empty tubes of air acting more like an insulator than a conductor of heat. All that is left is the direct metal contact of the remaining portion of the heat sink which will transfer some but not all of the heat away. MSI Armor is a reliable video card in terms of elements, but it has very poor fans and cooling radiator. If there is overheating, it is usually due to gas escaping from the radiator tubes. On the secondary market, these radiators are bad and they cost 80% or more of the cost of the used video card. My video cards mine the Kawpow algorithm with a temperature of 90 degrees with a bad heatsink and they are still alive. |
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Thanks everyone for the replies.
It looks like DNX is the best one to mine a the moment. Spent the week/weekend setting up the cards and have 90 online as of right now, the last 10 seem to be duds or non functional. lets see where this goes.
10 percent of non-working video cards is still normal. Check the fuses on these video cards, but just don't test them on good mining motherboards to avoid blowing them. Just first watch the video on YouTube on how to do it correctly. Perhaps you can repair a couple more video cards. I have it reduced down to 5 cards being duds due to the GPU's pcie bus being burnt to a crisp. I have purchased 10 more BC-160 cards from aliexpress for around 130 USD each to replace the broken cards and theyre running great. Need more video cards. LOL The Kawpow algorithm will be good for AMD video cards for a long time. On Nvidia video cards it is not always profitable. AMD BC-160 are more reliable due to turbines instead of coolers. But cheap video cards also take up a lot of space, but the payback of $130 in 9 months is good. |
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Gate.io Startup Free Offering: Dynex(DNX) and Announcement of Free Distribution Rules( 33,707 DNX free of charge) Introduction to Dynex(DNX) Dynex is a next-generation neuromorphic computing platform built on a revolutionary flexible blockchain protocol. It comprises PoUW miners and establishes a decentralized neuromorphic supercomputing network. Utilized in finance, medicine, construction, military, and various other sectors, Dynex is compatible with PyTorch, Google TensorFlow and IBM Qiskit frameworks, surpassing traditional computing efficiency and enabling direct AI implementation from the code level. Moreover, the platform has initiated a computing power market where miners can earn income through tasks, and AI professionals can contribute to the ecosystem and earn income via the task market.(The information below is provided by the Dynex(DNX) team. Please follow Dynex(DNX) for more information） Token Information Token Name: Dynex Token Symbol: DNX Max Supply：110,000,000 Token Type: Native Coin Contract: https://explorer.dynexcoin.org/https://www.gate.io/article/33804 |
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Poll: AIPG Hyper-Halvening Proposal. $AIPG Community, we're contemplating a bold tokenomics alteration - introducing a "Hyper-Halvening" schedule. This would mean more frequent halving events in the short term for robust initial distribution.
If you're not already in discord, then please join https://discord.gg/vZ9XrTSRYr and check the latest #announcement that goes over voting on the new proposed halving schedule. We want our community's feedback so please go and vote! More information on the proposed halvening below:
Hyper-Halvening Breakdown:
First Halvening: Block reward drops to 250 AIPG, starting around Feb 17th 2024.
Following Halvenings: We'll then reduce the block reward by 50% every 100,000 blocks there-after, approximately every 70 days, until the final 'hyper-halvening' will occur somewhere on or around Dec 15 2024.
Time Between Events:: With a 1-minute block time, each hyper-halvening will occur after approximately 70 days, with the first one occurring on approximately Feb 17th 2024 and the final on Dec 15th 2024.
Post Hyper-Halvenings:
After these four 'hyper-halvening' events, we will transition to a mature phase with a broader ecosystem. At this point, AI workloads will be actively transacted with AIPG, and in 2025 we'll slow down the emissions considerably until we reach a total max supply of 200 million AIPG. This will introduce 50% of AIPG's total supply into circulation within the first year, almost 100 million coins, and then slowing the distribution rate over time thereafter.
This will ensure a balanced, sustainable growth, keeping the network secure while rewarding those contributing with AI workloads.https://twitter.com/AIPowerGrid/status/1741316625704296861 |
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