what do you mean ? 13 eurocents, comes to around 15 dollarcents per kwh. is that expensive for US standards ?
no it is meh I will use usa cents under 5 very good 5 to 10 mostly of the time good 10 to 15 you enter some zone risky 15 to 20 more risk over 20 cents pretty high risk over 30 cents do not mine almost always bad. My home is 13 usa cents in the winter make it 10-11 cents due to heating savings my home is 16 usa cent in the summer make it 18 cent due to warm house in the summer. I made good money from July 2020 to Sept 2021 with those prices. But understand July 2020 eth to Sept 2021 eth has been very good very very very good. I also have access to dirt cheap power so I can move all my in house gear there if market crashes. If you run 3 cards doing 300 mh = 18 usd a day burns 20 kwatts or 3.50 usd a day you are up 14.50 usd a day. but the gear could drop to earning 6 or even 3 a day and you are burning 3.50 usd a day. I consider you to be okay not terrible not good ok to get the cards if the price is close to retail.
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only 12% in we are at -3.78% Encouraging number if we drift upwards maybe we get to +1 to +3 at worse Still seems to show lack of a lot of new chips and or new gear coming online. https://www.bitrawr.com/difficulty-estimatorLatest Block: 701832 (17 minutes ago) Current Pace: 96.2184% (265 / 275.41 expected, 10.41 behind)Previous Difficulty: 18415156832118.24 Current Difficulty: 18997641161758.95 Next Difficulty: between 18426198394334 and 18854025591084 Next Difficulty Change: between -3.0080% and -0.7560% Previous Retarget: last Tuesday at 10:12 AM (+3.1631%) Next Retarget (earliest): October 5, 2021 at 1:27 PM (in 12d 5h 20m 27s) Next Retarget (latest): October 5, 2021 at 11:24 PM (in 12d 15h 18m 10s) Projected Epoch Length: between 14d 3h 14m 36s and 14d 13h 12m 19s an s19 at 100th earns $29.61 and burns $8.16 a day or plus $21.35 a day. an s9 at 12th earns $3.55 and burns $2.40 a day or plus $1.15. both numbers are based on 10 cent power. So s9 gear still works for some home owners. looking at ebay I see an s9 with psu at 500 or so and a some s19s around 11-12k so 21.35/1.15 =18.56 18.56 x 500 = 9280 which means the s19 prices are not that high compared to the s9 if you are are 10 cent power. you pay that extra per hash because the s19 will earn well with profits dropping . So 2021 has been the year of the miner any established miner keeps turning profits. month after month. mine on.
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I can guarantee you that lost btc address will eventually be subject to forfeit much like an old bank account with no action gets grabbed.
An untouched btc address in terms of no funds ever removed will be considered lost .
The funds will be folded back into mining rewards for blocks.
To anyone that thinks I am wrong I simply laugh.
Zero reason not to do it. Say in 2059 all 2009 address must show some withdrawal or lost.
To those that say no privacy I say you are clueless.
To those that say it will be outvoted maybe in 2059 it will be outvoted but down the road say 2084 or 2109 it will be out voted.
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I asked for this to be moved. to alt coin section.
I gave you a merit for your polite reply.
As for should you grab 3x cards if they are full power for hashing 3080's new in the box with warranty they are an okay buy. assuming the price is not falsely jacked up to crazy numbers.
if they are used with no warranty they are risky.
Also if the gear is going to be mined in California at 40 to 50 cents a kwatt versus New Jersey at 13-16 cents a kwatt they are less attractive.
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Sounds like it could be a bad quality fan production batch or a bad quality fan model Bitmain is using for the S19.
That is a possibility. however, I have personally used some very cheap fans on my gears and they don't die anywhere close to the rate OP is talking about, this is likely a combination of bad quality and some other issues. OP, what is the design of your farm? pressure plays a major role when it comes to the lifespan of these fans, I remember before fixing the pressure in the farm we were losing fans a lot more often than we do now, ever since we controlled the air pressure we seldom lose fans despite the fact that we run most of them at a constant speed of 90% where temps are usually a lot hotter than your temps. to be clear your farm should be intake------- gear------- exhaust the intake needs to be large enough to balance the exhaust so 1 s19 has 4 fans then pull about 400 cfm they exhaust about 400 cfm assuming they are all pointed in correct directions they are balanced in an open space but intake fans 1000 cfm >>>>> gear fans 400 cfm >>>>>>> exhaust fans 300 cfm = bad for fans intake fans 300 cfm >>>>>gear fans 400 cfm >>>>>>> exhaust fans 1000 cfm = bad for fans intake fans none just a small vent >>>> gear fans 400 cfm >>>>> exhaust fans 1000 cfm = bad for fans intake fans 600 cfm >>>>>> gear fans 400 cfm >>>>> exhaust fans 600 cfm = winner balanceddo check to see all fans are pointed correctly
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we have smaller scale solar arrays. we have a 110kwatt a 45kwatt and are trying to set up a 500 kwatt array
So you are in a different country different incentives different rules etc. But you appear to have solid funding and some ability to run mines as of right now. My suggestion is make 5% to 10% solar as a priority. Mostly to show you are willing to be green. It allows you into a second set of investors. The ones that are attracted to green clean mining.
Even as I type out this post the 110+45 = 155 kwatt arrays are only 1/3 of our mining the other 2/3 thirds are done with oil/coal/gas.
But we always push the solar as the green alternative. It has attracted some investment money and if we build the .5 mw array it would bring us to about 55% solar vs 33% solar.
If you stay all nuke some will feel you are not green and or progressive for the worlds power problems.
Their thoughts would be "you got a fucking big ass desert and you don't do solar" just nuclear .
You can counter it by having both options and if the people are 'green' mined you can 'give' them the solar site to use. not the nuclear.
It allows you to pivot either way . And if the solar ends up being a less profitable method you are only in it at 5-10%
If you get more green money expand it to 10-15%
fees are a different matter 15-20% is pretty high. The initial setup for a mine for a customer can be 15%-20% but the running of the mine once setup need to be in the 5-10% range.
I e you build a 1,000,000 farm for me your cost . charge me 1,200,000 this = certain profit of 200,000 upfront
then you run it. it earns 10 coins profit your fee to run it = 1 coin
the profit is a coin
so this is a profit on running it , but price is less certain since coins go up and down
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Are they all just simply scams? or are there actually some legit ones out there ?
The majority of cloud mining companies are nothing but scam, the rest are overpriced, Viabtc offers a legit cloud mining service, I have not tried it but I use viabtc for mining and they are indeed trusted so it's highly unlikely that such a large pool will turn out to be selling scam mining contracts. Also, IIRC bitdeer has a partnership with Bitmain which makes them somehow trustworthy, but again, the legit ones are overpriced, the fake ones are just ... fake. IF they are legit ... doesnt the "overpricedness" really depend on what the market is going to do ... or would btc going up not really matter, as you would also me mining less and less, as time goes on, due to difficulty etc ... how hard do you think btc would have to go up, to actually make it worth while, to buy like a 2 year contract now? what would btc (or eth for that matter, depending on the contract) have to move to, for it to have been a good decision? even legit cloudmining company like viabtc has the “we can fuck you whenever we decide clause” so if you buy a contract you are betting that the contract does not get too good along with betting it does not get to shitty. you are also betting they do not have a natural disaster. you are betting power costs don’t shift bigly you are betting the country that hosues the gear does not shut power off. all of the above they can use the fuck you anytime we want clause. so there is far more to the picture then meets the eye. no one should ever buy a-cloud contract . I can go further but I wont
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the spirit of Bitcoin is low these days, the price dump is heavy and people are unsure where this will lead to.
dont worry.
it is at the same place where it was around 30.09.2013.
in about 8 to 12 weeks we will have another great peak in the 200k to 400k area. Sit tight and hodl and look forward for these amazing times to come.
I love believers !
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If I rode correctly, "After 3 years: - ROI of mining - 181% - ROI of purchasing BTC - 351%" what did I do lol Such a wast of time for me xD ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) and if you purchased coin in april 2021 at 64k you are now down 30% basically as I said I do not believe any one should compare mining to buy and hodl. Yet people do over and over and over again. By the way buying an s9 for 75 bucks with a psu was doable last summer July 2020. see how they did if they purchased it and mined and held. they whaled
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A lot of veterans I talked to back in January/ February had exit plans that were going into action late summer and early to mid fall at the latest. That was a majority of veterans. I think bitcoins dropping to its new bottom slowly but surely. But it won’t go past ath for a while. It has been nearly a year and 6 months. Historically it probably means the btc 2021 bull run is over.
I think you’re wrong & we are seeing a repeat of the 2013 bull run with a double peak. We will see a really bullish Q4 with multiple ATH’s. Let’s wait & see what happens. Lets have twin peaks. but fraternal ones. I know these two fraternal Filipino twins. Good looking girls and fraternal twins 👯 The one that was born second is 5 foot 7 The one that was born first is 5 foot 2 if those ratios hold true for btc the second jump will just crest at 70k which i would sell at. but still mine on. eth would get close to 4800 if it holds forth for eth. I actually think we are going to have triplets with three peaks. 64k in the spring of 2021 71k in dec of 2021 90k in spring of 2022 could go further if chips do not keep coming we are still in a worldwide chip shortage which is affecting a lot of shit.
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Excuse my provocative title ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I am finding that except for a narrow range of BTC price rise, it is better to buy BTC than to mine it. I have been looking at buying Antminer S19j Pro 100 TH (3250W) from compassmining using their hosting ($.0624/kWH) and F2 pool (1.2%) It costs 8000 (after 3% credit card fee). Assuming a starting BTC price of $30,000, with starting difficulty at 1.4363, with both increasing at 4.4% per month: After 3 years: - ROI of mining - 181% - ROI of purchasing BTC - 351% Change the BTC price rising to 6.5% per month, which corresponds to BTC doubling every year: - ROI of mining - 337% - ROI of purchasing BTC - 806% If BTC rises only 1% per month, then the ROI of each about the same. - ROI of mining - 40% - ROI of purchasing BTC - 42% At less than 1% rise per month, mining does better than purchasing. So, you can't mine BTC profitably at current miner prices and hosting fees at compassmining. Prove me wrong! You leave out one big thing. What if BTC doesn't rise 6.5% a month? Yes, it jumped up, but what happens when it goes the other way and how does that influence your "buy" model? Prices rise, prices fall... factor that in please. if he purchased at 60k a coin he is at 43k a coin today. so buying in april 2021 and hodl til sept 2021 he is off a lot. oh i likeed your post so i read your other posts ? I gave you enough merits to make next rank. keep posting away.
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Looks like 3-4% is on track for tues .
prices are a bit low 43.7k
https://www.bitrawr.com/difficulty-estimator… Latest Block: 701546 (7 minutes ago) Current Pace: 103.0725% (1995 / 1935.53 expected, 59.47 ahead)Previous Difficulty: 17615033039278.88 Current Difficulty: 18415156832118.24 Next Difficulty: between 19005844750976 and 19005910908009 Next Difficulty Change: between +3.2076% and +3.2080% Previous Retarget: September 7, 2021 at 8:05 PM (+4.5423%) Next Retarget (earliest): Today at 10:04 AM (in 0d 3h 23m 44s) Next Retarget (latest): Today at 10:04 AM (in 0d 3h 23m 48s) Projected Epoch Length: between 13d 13h 59m 2s and 13d 13h 59m 6s about 21-22 to go and still + 3-4% would like to see bigger price then 43k the 43k price should keep next jump lower then 3-4% maybe 1-2 oh bitmain was pushing the s19j at 10000 that dropped to 9300 based on us buyer add the import duty of 2700 you are at 12000 it makes 29 a day so with free power it takes 12000/29= 410 days to roi simply too much money 💰 price needs to be 7k that becomes 9100 with free power 9100/29= 313 days my power is ½ the coins so it would take me 616 days to pay it off. if they offer it at 7k and tax is 2100 total 9100
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the 1080ti evga or mis/corsair hybrid don’t run hot.
In many ways the best card ever made.
we had 28 of them they are closing in on four years old.
We sold off 24 of them to switch to amd 5000 amd 6000 and evga 3000 cards.
every one of those cards still work. used 24/7/1200+ at 165 watts
that is 28 x1200 days or 33600 days not hours of working without fail.
we dust out the radiators once in a while and the radiator fans have had some three maybe four replaced.
they go for 700 or more on ebay. I would sell for less.
these are what the op are looking for. if sold for 600 they earn
3 a day.
so 600/3= 200 days. i am assuming op has cheap power they burn 4kwatts a day if op power is 10 sents the cost to run is 40 cents.
so in 200 days he earns 600 -80 for power he would be at 520 paid back.
roi moves to 235 days not 200
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Wow, really fresh statistics on reports. I've been waiting for her for a long time. Thanks, theymos. I wonder if someday there will be general statistics of reporters for the entire life of the forum? It would be interesting to look at this data. The first place in this rating was not a surprise for me, since I was familiar with the statistics of this user earlier. It seems that he now has the largest number of sent reports, something about 68,000-70,000, an incredible result, there is something to strive for. Congratulations to all the reporters on this list, all those who contribute to this forum. Maybe it's time for badges? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) This is from august 2012 to sept 2021 . I did not do much first year or 2. Then close to 100 a year from 2014 til now "You have reported 732 posts with 99% accuracy (712 good, 12 bad, 8 unhandled). Do not worry about your accuracy too much; one accurate report is worth many inaccurate reports." you could do a volunteer thread. it would get some people to answer maybe you could grab stats for a few hundred vs top 40 it would be lifetime as I think that is what is available to us as non staff.
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Any GPUs going cheap because they are unprofitable electricity wise but will run a high hashrate (regardless of watts)?
None The 1080ti does 40+ mh at 175 watts if setup correctly. but it is not a cheap card. I can sell you one at 600
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As I said pm me for info. Basically you want a cheap used miner like an s9 . you want it to run on firmware that allows it to be fairly quiet . You want a decent price.. You do not need to know anything but what viabtc pays per th. they pay 30.52 cents so a s9 set to 10 th earns $3.05 a day https://www.viabtc.com/ will show you what it pays per th once you open an account so $3.05 earned and burns about 20kwatts or $2.00 if you have 10 cent power and about $3.00 if you have 15 cent power. So a s9 at 300 bucks if you have 10 cent power is an okay deal an s9 at 250 bucks if you have 15 cent power kind of works. If your power is over 15 cents an s9 is not a good choice. If your power is over 20 cents an s9 is a poor choice. Good luck in what you pick.
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Hey guys!
Im looking for suggestions for cards that are good for their price for mining ETH. Im looking for good price to output efficiency so that I can invest some of my money into a rig and crank some coins while im at school, suggestions?
Good offers don't reach the market ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) If you are in the USA, write to the user philipma1957https://bitcointalk.org/index.php?action=profile;u=64507Maybe he will offer you something. You will definitely not be deceived. I myself am looking for such offers, so I constantly look at various markets where the user is trading used computer hardware. I do not look at shops, in my country prices are like fire. Occasionally I dump a card at a good price. @ op I have 4 1080ti hybrid cards. https://www.ebay.com/itm/184997394538?https://www.ebay.com/itm/194196813622?they are working I would beat eBay buy it now prices.
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Production has started.
do they ship by Oct 1?
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Do you guys have any Avalon 1166pro 81T or Whatsminer M31s 76T? Not sure which is the better choice. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) i owned a1066 and m21s they were okay.
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