Do you guys have an update about this if aws still banning mining?

I heard that only high CPU usage will be ban if you can reduce the CPU usage by half you can stay mining with AWS.

How about using the GPU instances in AWS? Do you have any experience mining with GPU instances?

Dont understand why people create topics when they can get the most correct and prompt answer to all questions on this site. I've been working with this site for a long time and there have never been any problems.

The best thing to do is hold your coins at moment, not worth exchanging apples for apples. Mining would give less money and would be a lot of work. I would buy eth instead of bitcoin and i would wait around 6k and sell, the target for bitcoin is 100k but it might not reach this time. 50k has 90.9% at this time, 100k although has a slim chance, 14%, it might happen, we never know the extreme till we see it, I remember when bitcoin was $200 and I said bitcoin would reach $6000 and then crash, it reached $6000 and it kept rising. So I thought bitcoin would rise around 30 times, I was wrong, it rose more than 100 times, see we never know the extreme till we see it.

In your case, if you think about mining then only solar power would help, paying $0.20 for each kwh is not wise. Grid-tie would very much help with your endeavor, with 50k usd you could power a warehouse. Wind power is the best alternative if you live close to the sea where there are wind speeds of 30ms or higher, although is very expensive and most high profile wind turbines are around 2 million dollars, not worth if you will only power a warehouse, there should be many warehouses hehe, for a single compound, solar power is the best cost benefit for low scale places. For bigger projects, wind power turbines takes to the next level but pay attention that might required government approval. Those things are huge.

Also, remember that eth real value to btc is 0.2 btc, that is based on supply. As bitcoin rises, eth's real value x bitcoin also rises. As bitcoin rises 10 times x dollar, as eth values rises 10 times x bitcoin. So highest, eth right now 0.032 btc, might rise 10x that, so if bitcoin rises to 80k then eth = 0.32, 24k. I think bitcoin will reach around 50k till 2021, so eth will be around 6k by then.

Its a lot more than that and if you think about 6 to 10 years is 3 bitcoin cycles and looking back, every bitcoin cycle, bitcoin rises 10 to 100 times, so reality is, if you spend 10k usd in solar system, those 10.000 dollars could become 10.000.000.000, if you sell and buy at the right time using those 3 cycles. So bitcoin now 10k, in 10 years bitcoin might have reached 10 million. Yes, its that simple.

in 2010 bitcoin was worth less than a dollar. Almost 10 years later, it peaked at 21.000 dollars. So 1, 10, 100, 1000, 10.000, how many cycles? 4 cycles. Math never fail us. Imagine how many bears died along the way? and it looks like bears are in denial right now. Most of them have committed suicide, some are still waiting to buy bitcoin back for 1 dollar, that is the price they sold.

Its an active promotion.  Just keep posting and after some time, you will get the credit in your account.  I've got it multiple times already and am grateful for it.

www.wholesalesolar.com  . They are in the united states in california.  But you might find a wholesale solar company in your country.  I would avoid those turn key solar solutions as they charge a lot.  I had to ask myself.  Do i want to build two gpu rigs and break even with electric after 3-4 years.  Or do i want a solar system and break even in less than 4 years and have and can use my system for 30 years and save lots of money over the long term.

You can get some grid tie systems for pretty cheap. I got a 6.7kw system 20 panels of 335watts each for like 9k or 6k after tax credits. This will generate 900 kwatts a month. Enough to power my home and 1 gpu rig with 6x cards.  Plus in united states you get a 30 percent tax credit on your system cost and install cost. But i recommend self install as you will learn a lot and its not that hard and you save money.

Getting power from the sun is a lot of fun.  A LOT more fun than mining especially in the current state.  Plus my location is not perfect for solar but good enough. Totally worth it IF you install yourself and get a big enough system

The cost of electricity has been the reaaon many dumped mining.  Once you calculate the amount you spend on electricity you will discover that there is no much profit in mining. But if you can find alternative source of energy like solar so as to cut cost of electricity you can then maximize profit from mining

Yep. Plenty of miners on the sidelines chasing scraps and ready to turn their machines back on if prices bounce up a little.  I didn't cry about it though. I swung back harder. Shifted my operation from home mining to a colo mining with 3x cheaper rate than residential from 24 cents down to 8 cents.  I installed some solar panels myself on my home so I can still mine a rig at home. Heck my solar panels have a faster ROI than my 20 series 2080 rtx cards and have much longer use 30 years.

People wasting all this money on gpus they should be investing in solar and learn how to install it themselves. But not everyone has the chops or skills for that and only a few will win and those that went solar will enjoy mining into the future and  further lower their system ROI time. Any fomo idiot can buy gpus and try to mine hence we reached full market saturation.  But not everyone has access to cheap power or knows how to install solar or wants to send their rigs to a mining colo to stay competitive. This what separates the boys from the men.

Ballpark maths.

Radeon 7: $700. 84Mh/s at 230w.

Navi: Assume $300, with 8gb ddr6, similar performance to Rtx 2070. Assume 42Mh/s at 115w.

6x Radeon 7 rig: $700*6 + $400 psu + $200 mobo,ram,cpu = $4800 (504mh/s at 1480w - 1380w + 100w rig)

8x Navi: $300*8 + $250 psu +$200 mobo,ram,cpu = $2850 (336mh/s at 1020w - 920w + 100w rig)



6x Radeon 7 - $7.75/day profit at $0.075/kwh, 619day ROI

8x Navi - $5.10/day profit at $0.075/kwh, 558day ROI


For me I recently bought a bunch of Vega 7s because I could get them at $670 usd + sold the games and my cost basis was $635~. Plus half the cards, half the problems, half the work imo.

Boa noite,

Desculpa pela ignorância da minha pergunta, mas, vocês creiam que se caso continuar com esse aumento exponencial do valor do btc vai valer a pena voltar a minerar? Ou isso depende de outros fatores também? Como por exemplo Preço do kw/h, gpu's, taxa na dificuldade de mineração e etc?

Obrigado.