Hi..guys I am a btc miner for almost a year. I think it is impossible to get 1 BTC a month. I want to know wheter is there anyone who goal to get 1 BTC a month. Thanks for your response.  I think it is very hard to earn 1BTC/month by mining but it is not impossible. By buying 3to4 latest mining rigs we can earn more. Or join ckpool maybe one day you get lucky and hit a block to earn 25BTC reward. You missed the poll though he say's "without referral" and "without investment". It's easy to overlook it at the top, but it's hard to get 5 grand a year with no investment... just is not "free" money. |
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Yes And you're going insanely nuts on math.
It cost bout 100$ to run a S7 per month. It return 168$. Very soon the reward will halve and the difficulty constantly rise over time, diminishing returns.
Why, when you confirm my math? Your numbers means a profit ratio of 1.7, close enough to my 1.8. I'm talking about current state. The halving will be in July which means you income will be cut in half. But not just at the halving. Check here: https://bitcoinwisdom.com/bitcoin/difficulty. The difficulty is increasing (over 8% the last time). You will be at loss well before the halving... So much depends on electricity cost at this point. A LOT of miners are trying ETH currently. We will see if it becomes easier and profitable. And BTC still has many options such as value going up, more efficient gear (we know it's coming). Just so many variables right now it's kinda hard to do much but watch and see what happens. The game is 80% power cost. 15% decent gear 5% common sense. Did not used to be this way but it is. Basically bitmain ,avalon ,BW and even bitfury have push it that direction. Which is fine with me as I can get some cheap power not as much as I want, but still by the end of the year maybe 13.5 kwatts from the current solar array. The problem is how do I expand it. $$$ that I do not have. I also don't know if the bigger array will ever get built. Would be nice if it does. And you hit the nail on the head about power costs. S7's and A6's are still going to be great miners with right electricity even after having. So for those with the "mega" mines with super cheap power.... I think they still look profitable for quite a while. Expanding is kinda one of those scary things I know when going from mining in house to mining area... that was a scary time investing. It worked out good last summer for me. This summer I'm a little more cautious. I also am cautious on ETH to. I just am afraid of a lot of these miners who became unprofitable going GPU's. And it's totally banking on ETH. Time will tell how many jump over and what difficulty vs price goes. I see this as the summer off BTC and ETH as far as coins. Value... we will see. |
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buy altcoin or bitcoin and hold for the long term, I'm sure bitcoin will increase
you can get a lot of money from it or if do you have a good skill you can offer your a skill.
So many altcoins are pump/dump and crap. Saying buy altcoin ... is easy but a lot lose money to trading. The coin gaining support is ETH... but it's still kinda early. Time will tell if we see huge increases. So altcoin is far from sure bet. Bitcoin should increase but it is not a "sure" either think of the people who bought in at 900-1000 it was in the past. They thought it would go up and they could have lost half of investment. So some do loose money, never risk more they you can loose. |
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There is a lot of ways to collect Bitcoins, you can join signature campaign if you have good rank and start posting constructive posts for BTC, or you can trading altcoins if you have enough experience about this domain.
I think for a user who has just entered this forum for him signature campaign is the best way to start off, as it is easy simple and returns are guaranteed. I think on signature wait till full campaign. A user just entering forum chances are needs to learn how to make constructive posts, along with many other things assuming they are truly "new". There is a lot of reading and learning at first, just tons of info. And they really don't lose that much by waiting. Pay goes up on a lot of campaigns at full members. |
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PSU normally hold value decent if you get a decent one. If you get the bitmain PSU chances are you will be able to use it again or sell it if S9 changes. But I'm hoping S9 keeps same PSU. Also is the 200 euro something you pay per month? Or we talking 1 time payment. Big difference between the two. |
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I can confirm that you can just add a second fan onto the F1 and it will run just fine. I have done it to 18 of my F1s and it controls the fan and reads rpm properly.
On a side note, you do not need to go the ghetto zip tie route to hold the fan on. If you are taking the plate off and voiding the warranty already you just need to get some of those short fat 120mm fan pc mounting screws (we got ours off of old cointerra fans) and screw them in from the backside. You can only fit 3 of the 4 screws but it is totally stable with no wonky zip ties preventing everything mounting 100% flush
*saving space removed pic
It should work fine with another fan on it. I am testing "stock" right now but plan on trying a second eventually. So that is in "store" to do. But so far the one fan seems to work fine. It is higher RPM and I have not experienced problems let it running on auto with speed. |
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Its not a fraud, that woman at Bitmain probably wasn't informed about MiningSweden and then the OP freaked out.
Its scammy though on MinningSweden side "We have now information about that the new S9 miner soon will come out on the market so now you can preorder your mining shares with the new S9 Miners." So they don't tell a timeline ... just that your buying "2000 GH S9 Mining including all costs for 12 months." So they are selling these "shares" banking they will make money with no stat date "This product doesn’t start mining before we have them in the farm". It's kinda scammy to say the least. |
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Yes And you're going insanely nuts on math.
It cost bout 100$ to run a S7 per month. It return 168$. Very soon the reward will halve and the difficulty constantly rise over time, diminishing returns.
Why, when you confirm my math? Your numbers means a profit ratio of 1.7, close enough to my 1.8. I'm talking about current state. The halving will be in July which means you income will be cut in half. But not just at the halving. Check here: https://bitcoinwisdom.com/bitcoin/difficulty. The difficulty is increasing (over 8% the last time). You will be at loss well before the halving... So much depends on electricity cost at this point. A LOT of miners are trying ETH currently. We will see if it becomes easier and profitable. And BTC still has many options such as value going up, more efficient gear (we know it's coming). Just so many variables right now it's kinda hard to do much but watch and see what happens. |
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I heard Alienware laptops are rich in graphics card features. Does anyone already doing any mining with these kind of laptops. I work in marketing field and I need mining equipment with mobility. Any suggestions from your experience would be highly useful for me.
You'll never get anything out of using a GPU. It's just not worth it anymore. Back in 2012 you would've been doing great but it's too late. Buying an antminer S7 at this point would most likely be really inefficient (depending on how much your electricity costs. If it's over 8 cents kWh then don't bother). Check out the mining thread here. It's just not worth mining at all anymore. well that's wrong, i've recently earned 0.15 btc in 20 hours of mining, by mining a shitcoin, good luck doing the same thing with asic, you need a giant farm instead i've do it with 4 gpu only, minign is still very profitable with gpu, but you need to know what to do, and modestly aside i'm an expert when it come to altcoin mining, because i'm mined tons of them in the past i know what is the best target(not always) Amph, honestly.. those Alienware gaming notebooks are premium priced and I would never risk mining of ANY sort, even Alt on one of them. The heat will always be a problem and I would much rather risk a desktop with some strong GPU's than going for a Alienware gaming notebook. In any way... someone buying one of those notebooks, will rather buy it for the looks and the bragging rights.. than using it for Crypto mining. You paying more for the brand and the design than the processing power. {You can pay a lot less for the same processing with cheaper brands.} AMPH is doing it with 4 GPU. I'm willing to bet he is not mining on a laptop, it would shock me if he is. Most likely it is a desktop, you can build them pretty cheap as far as core computer. GPU's can get pricey.... all depends. I will say as a customer at one has had a few different Alienware laptops... when I had one that needed repair it sucked. I had paid for onsite warranty.... and I had to ship it in. It was a pain and a half and all I did on that thing was gaming. I would hate to go through that for a few dollars mining on one. |
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Best Share: 0. Looks like they still haven't bothered to address that little quirk.
Quirks and all it's working very well so far. In the Midwest we have all kinds of weather so this miner in the few day's it's been running has seen upwards of 80 degrees to 50's and raining. Still using auto on fan no changes other then static IP, and pool info. And it's handled the variety of weather without any issues as far as air temperature going into my mining area. |
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Hey, someone told me hashnest is the biggest scam site, why would they say that if it wasn't true?
I guess that someone was trying to get you into his own pseudo-cloudmining scheme. Hashnest is owned by bitmain - the company that produces mining hardware of their own. I'm not advertising anything though  Most likely this is true. Look into some of the accounts that push some of the crap scam cloud mining sites. The only cloud mining site I would even send people to is hashnest. It just is the only one around with the legitimacy. That being said I personally would think about buying a miner and looking at hosting as a option. I just like owning the hardware as it gives me something to sell at the end. Which can be a nice little bump in ROI. |
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Just had the same question as Westicles, as i need to move my s7 away from where i live. I doubt most will be trying to destory miners. I would guess most "bad guys" would be wanting to change to mining for them or try to infect machine to get any wallet info they can.
That said I personally use teamviewer for my GPU machines and also let's me access my asics when I'm away from home. It's always worked great for me and have not been compromised. I do not have wallets on any of these machines though.
Notlisted, and for how long have you been using TemViewer for monitoring your rig(s)? I only used TeamV for up to an hour long conferences, is it really working stable on a long run? If soneone else has some experience with Antminer remote monitoring, your oppinions would be very helpful. I have used teamviewer since GPU mining long... ago it seems at this point. It is a great product honestly, and has Android and IOS apps even to connect. I have never had a problem with someone managing to get into them once... in years. So I feel pretty safe on using it as long as you use decent security for your username and password.With it I have a PC on and can check ether rigs, asics. So works great for that. I also have a camera security system for physical security, which I also can log in remotely. But it is not tied into team viewer I keep it separate. Also any PC I have the client on I do not keep wallets on. So worst case they get to my miners, but no actual wallet access. |
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I won't complain at all if we could get a difficulty change of 5 percent or less. I like to stay under that.... but that does not always happen. I just wish we could keep gaining value. It seems like we are stuck around 450's right now. Hard to stay above 460 for long.
The next 2 months or so until having I think will be interesting to watch is something I'm sure of.
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Thats one expensive rig, hoping youd break your return on how many days?
What you are doing is speculating for the prices to make up for it? I would rather just get into buying bitcoin then meddling with alt coins to be honest.
Unless the coin has some form of demand like how just-dice "you need" to have to play on their dice site.
That form of demand is rare, so I dont see any other purpose for any other alt coins that dont offer the same type of demand.
Then again, I could be wrong and the alt coin is used for side chains for something.
This is a thread that got far far off topic. OP likely would be smart to go mostly twords BTC just due to stability. He needs cheap electricity if he want's to mine it no way around it at this point. I do think ether is worth a little try. I would not go "huge" but keep it as part of your crypto portfolio. And it is one most can mine and building a GPU miner is not terribly hard. And I would have a pretty solid plan. Most threads like this end up not investing. They do the ROI math and sadly a lot just don't invest.well if the numbers dont work.. who is in this to donate to the "good" cause(i use that term loosely)? Everyone in this and i mean everyone is in this to get maybe not rich but a financial gain.. Noone is here to throw money away.. but sadly that is what happen to most.> That is why these forums arent teaming with life like it was in 2014 when I jumped in. Granted most of that turned out to be scammers.. But a shit ton of them also were good guys that came because we thought this was a great thing only to be fleeced by all the scams that everyone promoted. Most of them didnt come back. I stayed only because if someone didnt then we would just keep repeating history.. Scam after scam.. Face it.> This was a epic fail allowing this to have a monetary value before it was even close to ready.. Ask yourselves this.. How can everyone in the btc ecosystem profit if new invest were to slow below the inflation rate? id say as much as everyone bitches about halving that will actually be your saving grace.. As it will only need half as much money coming in.. The big pump before halving will be from asic sales prior to halving.. Cuz why would they sell them after for half the price.. Get the suckers early on.. They will then do a nice healthy dump to help push out all those s7 that dont have REALLY good prices for power. And if this wasnt their intention .. us talking about it in the open like this only gives them ideas. Anyway.. open source can be great but can also be an Achilles heal Best Regards d57heinz I'm not criticizing people for not making bad financial decision's. As you said in some cases the numbers just flat don't work. Margins are getting tighter and tighter. I don't blame this on having the chase for cheap electricity for miners is not having's fault. Difficulty continues to rise... so it makes sense less and less profits. There are just a lot off these threads was my point. You can blame it on scammers, having, what ever you want. But it is not a get rich quick scheme on BTC. It is more long term at this point those wanting 3 month ROI... sadly it's just no longer there. |
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After the halving I believe one thing is for sure: the price of BTC will rise, by how much, I don't know at all and I can safely assume that no one here knows.
I am not a miner, but if I were one, I will not sell a single bitcoin at loss, and I think many share my idea. I would keep mining for a month maybe and if the price of BTC rises enough to make me profit I will keep on, if it doesn't I will turn to more profitable altcoins.
The thing is all investors know about having so it is not like its going to sneak up on us. I don't see having day as something that will be a instant big bump in value. My hope is we slowly gain value on BTC before having... it's been pretty slow. On more profitable alt coins it is more like "coin" there is ETH. That is pretty much what every GPU miner out there is mining right now. I hope it is a sucess we will see long term. Difficulty continues to climb with more people building etherium rigs (Including myself). I have not went crazy into GPU just yet as I really want to see what difficulty does on ETH. |
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Well, it's looking like profitable mining is dead in the water for the ordinary person. The only thing that might pick it up again is the rise in bitcoin value, making Sartoshis worth more, so even little bits are worth collecting.
So I've set up an Antminer U1, 1.5Ghz to solo mine to the solo.ckpool.org site.
I can't win Lotto, so maybe I can win this one.
I'll let it run for the next couple of years and see how it pans out.
If it works... I might just pick up 25 BTC...
Fingers crossed.
Pretty much impossible for this to happen at this point. Very small amount of hash with hashrate growing every day (in a lot of cases). I wish you luck with it... but i would not go out and spend that 25 BTC  . What system are you using to? I hope you are using something like a RPI they are very good for lotto machines. |
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Hi..guys I am a btc miner for almost a year. I think it is impossible to get 1 BTC a month. I want to know wheter is there anyone who goal to get 1 BTC a month. Thanks for your response. Your poll asks "without referral" "without investment". Getting 1 BTC per month through referral... is going to be impossible for most everyone that is a lot of referrals. Also what are you referring them to? On investment it depends if you have skills or something to sell really. Since posting in a mining forum.... normally it is with investment. Take 458 per month right now times 12 months is almost 5,500 usd per year. So no getting over 5k per year without any investment or something to sell... is going to be very hard. |
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Hi,
I 'm trying to make the antminer S7 quiter.
I have put 2 BitFenix Spectre Pro PWM 140mm fans on the miner. (push / pull)
The temperature remains below 60 at lower frequency.
But the device stops working!!!
What is going wrong???
regards,
eric
Put the stock fans back set freq to 500 . Then set stock fans to 30%. Return those fans you purchased. Buy this from Home Depot Flex duct 12 inch . It is twenty five foot long Set the unit into the flex duct about a foot in . use a bitmaintech psu as it will fit in the duct. This will be quiet and not restrict air flow plus the exit end is long use to guide the air out of the home. Thats also a possibility. I have almost the same setup in my basement! But I also have some S5 miners in a regular pc tower case and they work fine. They are at the office and during office hours they automatically mine at a lower frequentie (low noice) and in the weekends and non working moments, they mine at 100%. The stock fans are just to loud to do this. Thats why I looked for high CFM fans. The S5 mines during the day at 300MHz and during night at 350MHz. Can it work for the S7 but with lower frequenties? Can I switch off the low rpm control in the software? regards, Eric You can set fan to a certain percentage. Can it work at the percentage you pick? That would depend on the tempature of miner and what percentage you pick. But phil is right return those fan's they are not something for a S7. |
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You sure its not coil whine? Some PSUs with some miners or GPUs having bad coil whine.
Well it does the noise even before the miner start mining, at minimal load. And it shut down itself after a few hours, now. can you return it ? On newegg getting a replacement is really easy on RMA in most cases. Not sure how easy it will be to get a flat return though. |
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Thats one expensive rig, hoping youd break your return on how many days?
What you are doing is speculating for the prices to make up for it? I would rather just get into buying bitcoin then meddling with alt coins to be honest.
Unless the coin has some form of demand like how just-dice "you need" to have to play on their dice site.
That form of demand is rare, so I dont see any other purpose for any other alt coins that dont offer the same type of demand.
Then again, I could be wrong and the alt coin is used for side chains for something.
This is a thread that got far far off topic. OP likely would be smart to go mostly twords BTC just due to stability. He needs cheap electricity if he want's to mine it no way around it at this point. I do think ether is worth a little try. I would not go "huge" but keep it as part of your crypto portfolio. And it is one most can mine and building a GPU miner is not terribly hard. And I would have a pretty solid plan. Most threads like this end up not investing. They do the ROI math and sadly a lot just don't invest. |
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