thank you for your help Do not buy ASICs for Ethereum mining, because Ethereum mining will end soon. some people says ethereum always says the same. A promise that next ethereum be 99% less expensive in electricity. Did you think is true? I think Ethereum will switch to the PIC algorithm in the next 6 months. Therefore, I suggested that you consider a universal option - a video card. Video cards will still be valid for many years, and in 1 year you can recoup about 50% of the investment or more. Despite the fact that the ASIC is easier to maintain, but the video cards have a 3-year warranty. PIC algo? Is that a typo? Haven't heard of it. Did you mean POS. Because a few years back they were suppose to switch to ProgPOW and basically after months and months of debate and going back and forth. And after hundreds of thousands of dollars wasted on coding, developement, testing and audits. They didn't go along with it. I dont' think they will switch to any algo. They were going to switch and many of the ETH maxis got upset that they devoted time and money on switching the algo when they should of just moved to POS. Their reasoning was that ASICs weren't a threat for a 51% attack and they left it at that. SO unless there is some fast ASIC that comes out, they wont switch the algos. Thank you, I fixed the error. I think that buying a newbie Bitmain Antminer L7 9500 MH / s is not worth it. The breakdown of such an ASIC will lead to large losses. Therefore, I prefer video cards for $ 500-1500. Well i have around 100 gpus and consider them to be,something a miner should have. as to L7 it has a big upside and a big down side. so taking a flyer on one is not that bad. a few good sha units like the s19pro seems okay.
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Hi guys!
I wanna have some advices from you, I'm planing on buyin some bitcoin miners (avalon 840) they have an individual electric consomptions that is not really hight I know but because I wan to buy like 200 the annual bil will be around 50k$ acording to the electricity prices in y country, and I calculated that to be able to pay the fees and the bills that i need to maintain the thing runing I need a Bitcoin price of around 12.5k$ so here comes my question for you guys, - Do you thing that the bitcoin price will go under the 13k$ bar? and and if u hade an experience with this particular miner I want to know what do you think about it.
Thank's to anyone that answers!
Okay they do 10-12tb so 2000-2400 if you have 200. 2000 x .32 = 640 a day x 365 = over 200k minus your bill of 50k for power means over 150k profit in a year. first how much are you paying? second is the gear coming from a good seller? third two hundred pieces will make heat. so how do you cool gear. fourth you need a lot of wires etc to set it up. next does price drop? does the diff jump? all in all maybe you are in over your head if you never ran a farm with 200 pieces shit happens.
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my a4000 were 1167 with tax and shipping and a 1.5% discount . so about 1152
a 6800xt is a bit more.
I also like the 1 slot aspect of them.
Of course they all sold out at 1167 and are now 1200 plus tax to 1399 plus tax.
Not worth 1300-1500 with the tax.
but okay at 1152 total
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Hi Bitcointalk community,
2 months ago I bought a GPU it was a RTX 3070 (not LHR) and I was thinking to continue buying more RTX 3070 (not LHR). Now I browse on Ebay.ca and was surprised to realized that there's no more RTX 3700 (not LHR), they are all LHR.
I would like to hear from you, what Nvidia GPUs are you now buying on the market? In term of efficiency (hashrate per watt) I came to the conclusion that the RTX 3070 was the best to mine ETH.
Thank you in advance.
rtx a4000 RTX 4000 is a low power GPU compare to rtx3070, RTX4000 does 36MH max mining Ethereum and rtx3070 does 60MH+ if it's not the LHR version, the RTX4000 is comparable to AMD 6600XT instead you should delete your misinformation. while it is true about the rtx 4000 it does not apply to the rtx a4000 as it is a very good card. I have 7 doing 57 mh at 125 watts we ordered 18 in total and now have 13 delivered here are 7 mining as I type ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FEvNY8Td.png&t=663&c=NMcDYR5jyDkoCg)
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Ribeye, Med-Rare... Prime Rib, dab of horseradish... Ground Chuck, wrapped in Bacon...
Dude.. lose the rib eye (not the horse radish though ) and go with strip steak, cut extra thick, cooked in cast iron skillet on high heat to sear and create Maillard reaction. Medium rare. Baked potato with sour cream, butter and chives, roasted head of broccoli with olive oil and infused garlic cloves... Smoke a fatty and indulge. Its's one of life's simple pleasures. (in my book anyway...) I like slow baked brisket. put it in a large lasagna pan. fat side up. four oz of filtered water. some pink hymalian salt. a teaspoon of fresh rosemary leaves a diced onion 🧅. first pour the 4oz of filtered water. lay the brisket in it fat side up spread the 🎲 diced onion on the fat side. sprinkle the rosemary on the diced onions cover the pan with aluminum foil. place in oven at 220 f cook for 12 hours. open the tray slice the meat put it in a large bowl add all the juice from the tray. cover bowl top with tin foil let sit for 30 min. meat is tender and juicy use only grass fed brisket. so i also like eating vegintarians salt the fat side of the brisket.
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.... Nonsense! Nearly Everything I eat was a Vegetarian!
What.... are you a cannibal or something? Wazzup buddy? I was thinking he is eating vegetarian’s muffs. i was thinking he is eating cows. hmmm you sir are correct.
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.... Nonsense! Nearly Everything I eat was a Vegetarian!
What.... are you a cannibal or something? Wazzup buddy? I was thinking he is eating vegetarian’s muffs.
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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! Okay your math is good but I can cherry pick and show opposite numbers with ease. here goes I take cash and buy an s19pro when btc was 10k I am charged .25 btc but I purchased the miner with cash via my bank. So pretend I purchased the coin and hodl. I now have .25 btc = 7875 usd or I got the miner On Jan 1 2021 it has mined steady since then or about 195 days. Now 110th x 195days = 21450th in a day if you please. coin price and earning price has been all over the place. Up down left right but 21450 x 28 cents = 6006 My mining dealing is 1/2 goes to the host or 3003 So I have 3003 in my pocket and a used s19pro which I can sell right here right now for over 5000 So 3003+5000 = 8003 and I put in 2500 if I did coin the coin is 7875 So I am better off with the gear as of today. Never mind my tax breaks I get for mining over buy and hold the coin. Of course you can say I could of sold the .25 btc for as high as 16k. yeah the s19pro used was over 14k. Now if the s19pro breaks on me I am fucked but if btc tanks to 10k I am back to where I was. So basically as long as your gear does not break and turns daily profits you are not fucked mining. Actually mining is a completely different animal than buy and hodl. I'd like to run your numbers through my spreadsheet. What is the 28 cents? Your mining pool takes 50%?? What is your electricity rate? my power rate is ½ the coins mined. 28 cents is current viabtc payout for 1 th of hash rate. so a 110th is really 55th as i gave ½ the coins. I know that since i got the machine in jan i have been paid as high 50 cents a th and as low as 17 cents a th. so 110 x 195 days of mining = 21450 th x 28 cents is 6000 usd worth of coin divide by 2 you get 3000 usd. why because I pay ½ the coin i mine which is ½ of 6000 or 3000 so i used 2500 bank order when coins were 10000. i could have 7875 in coin buy and hodl. or. 3000 from mined coin and a s19pro that i can get 5000 easy peasy thus i have 8000 . actiualy really more as i could get more like 6000 for the unit which would be 9000 and in coin i would have 7875. the math is correct as it really happened for me with the one s19pro i own. but if the gear broke i would be fucked . Simply put if you cherry pick you can make either one mining or buy and hodl. Miners tend to not hodl coin. we take sure profit and less risk. buy and hodl can be a killer. buy a coin at 10k and it shot to 64k you kept hodling and now it is 32k ugh. meanwhile i mine prices drop from 64k to 32k but diff dropped from 25 to 14.3 my cash earnings are about 500 a day for the mine. my may earnings last time coins were 64 k were about 500 a day. no loss in cash. my coin earnings were .0047 a day in may my coin earnings are about 0.0088 a day in july. so as a miner i am still in bull mode. i hodl some of my coins and right now that is bearish. so i have a built in hedge that a coin buyer. does not have. so to visit this add 60 days of mining say .30 cents a th. or 33 a day x 60 = 1980 say 2k my fee is ½ the coins or 1000 so i am at 4000 in coins and the gear is worth 9000 that is 13000. buying and holding is .25 x 48000 = 12000 so i am at 13000 and the buy and hold guy is at 12000 i calculated the coin value as turned to cash. so i started with 2500 cash and got back 4000 cash a certain profit of 1500 no matter what happens. yeah my gear can brick but no matter what I am 1500 ahead. while the guy that purchased .25 btc and held has no certain profit since he hodl. so if btc crashes his 12000 is at risk much as my 9000 value for the used s19pro. I really dont like tossing buy and hodl against buy gear and mine comparisons since they are completely different animal. so far the buy and mine is working into a price increase from 10 k to 48k. and i make my mined coin into cash. on a fast basis. of course the s19 pro can brick 🧱 which may be a bigger risk than coins tanking to 16k
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at op.
I suggest
2 s19pro
2 L7
and one good gpu rig.
thats close to 60k.
should be good way to start.
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Just tested negative for COVID-19, so I'm out of the woods, and Rick and I both have a robust natural immunity now.
Have you lost your sense of taste or smell? You only lose those if u'r low on Zinc & Copper. (the ratio is like 10 to 1) *Edit(): Usually if u don't eat meat & stuff.(other living creatures) So covid 19 is whacking vegetarians more than red meat 🥩 eaters. works for me as I am not a fan of vegetarian 🌱 eating.
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Most of the brokers are going to be pricey at this point in the bull market. If you find a broker that is selling at a discount that would usually be a red flag for me to look alot further into them before I even thought about possibly ordering from them. If the price seems to be to good to be true then it probably is.
there is no such thing as cheap. there has been a long run of good mining for gpus ltc/doge btc all gear above ⬆️ is priced high. it is likely you will get gear from akminer if you are clicking t9 the right site like mikeywith mentioned. it is all going to be pricey. asic gear is 3x to 6x the price it was in summer of 2020. so the bet is no crash til i roi. frankly i find all sha 256 over priced at the moment. I have been getting gpus. could be a mistake on my part.
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Hi Bitcointalk community,
2 months ago I bought a GPU it was a RTX 3070 (not LHR) and I was thinking to continue buying more RTX 3070 (not LHR). Now I browse on Ebay.ca and was surprised to realized that there's no more RTX 3700 (not LHR), they are all LHR.
I would like to hear from you, what Nvidia GPUs are you now buying on the market? In term of efficiency (hashrate per watt) I came to the conclusion that the RTX 3070 was the best to mine ETH.
Thank you in advance.
rtx a4000
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philipma1957 - how would you rank BTC miner companies?
1. Bitmain 2. Whatsminer 3. Innosilicon 4. Avalon 5 the rest...?
Thanks in advance
They all are good or bad or indifferent. I have used all of them with mixed results. I do prefer Avalon since they stick to only sha 256.
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Yeah there are a few people in my social circle that heard that I am in crypto. And every few months or so, usually during bull markets I get texts and calls about them wanting to join in and get involved.
It usually goes 1 or 2 ways.
First one is some guy who says they got like $10K and they want me to turn it into "only $100K" doing something crypto related. Like making 10x gains is something that is easily done.
Another is someone who wants to mine. They are mad that they can't use their Smartphone, Laptop or i3 desktop. They ask if they invest $1K in "crypto hardware" how long until their $1K investment becomes $100K?
Usually conversation ends in them thinking I am lying to them and keep it a secret to reap all the benefits or they discover that crypto might not be a "get rich quick" scheme.
Reason where I live too many people fall for scams --> "get rich quick", I guess the media hypes bitcoin so much after it have gone up up and up and then after that sheeps want in then bitcoin starts going down down and then down, that is one way they lose money if they do the trades themselves, the other way is when those people give money to people to do crypto trades for them, most in the end get scammed. There were scammers promising 10% every month and people believed, in the end none of them got their money back, thieves scammed them all, time to time shows people losing money they have saved their entire life, I mean how somebody can believe 10% back every month from doing nothing? Anyway, I never tell to anybody what I do, too risky, better to keep it in secret. If I was a scammer I would have become a billionaire in few days, those people are willingly to give all their money they have, you dont actually need to do much to convince them crypto will go up forever hehe, thankgod I have principles, what is mine is mine, if I win is mine if I lose, I lose what was mine, too many evil people in the world and idiots who give their life savings so easily to somebody they dont even know, need to watch out. here is one line you can use to repel nagging clueless social circle noobs who can't/won't/don't understand anything, blinded by get rich quick attempt with no brains behind any action/s taken/to be taken.
me: ..i was recommending it back then (2013), i got lucky but i'm out, yeah i made money but i have no idea where it is going, can be up or down or anything..i'm done with crypto and i have no more coins left.
I dont even bother, last time a friend came to ask about crypto, I said to him, I dont know anything about it, period. Anyway, this 32k monthly is pure bs, like I said before, to get that much, need a huge installation plus a lot of money 600k usd minimum and a lot of dedication and work, if a short circuit happens, chances are high that all the hardware will be fried, mining is hard, dangerous and truly not worth the hassle. Okay pretend you get all rtx a4000 at 1200 a card put them in a 12 card case from minerdude. 1 rig cost 12 x 12 = 14400 + 1200 for case = 15,600 10 cases are 156,000 about 10 x 12 x 57 = 6840 mh most cards ever paid was 15 cents an mh so .15 x 6840 = 1026 a day or 31806 a month pre power based on best day averagr which did not last 30 days in a row. realistically they earn 7 cents or 478 a day. power at 10 cents is 1.7kwatts a rig or 17 kwatts for 10 rigs or 408 kwatts a day that is 41 dollars a day or 478-41= 437 a day or 13,547 a month so they need 24 cases of 12 cards that is 375000 up front. the 24 pieces burn 41 kwatts an hour that is 200,000 btu of heat. my garage with doors open and fans moving air is 90f on a 10c day I burn 12kwatts an hour max on very cold days.
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So far my guess of +3-4 is off as is my price guess of 49-51k https://www.bitrawr.com/difficulty-estimatorLatest Block: 700951 (16 minutes ago) Current Pace: 100.7084% (1400 / 1390.15 expected, 9.85 ahead)Previous Difficulty: 17615033039278.88 Current Difficulty: 18415156832118.24 Next Difficulty: between 18564079236890 and 18579551981591 Next Difficulty Change: between +0.8087% and +0.8927% Previous Retarget: September 7, 2021 at 8:05 PM (+4.5423%) Next Retarget (earliest): Tuesday at 5:43 PM (in 4d 5h 56m 40s) Next Retarget (latest): Tuesday at 5:56 PM (in 4d 6h 9m 54s) Projected Epoch Length: between 13d 21h 38m 11s and 13d 21h 51m 26s 30% left
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Anyone knows how to connect to this pool ?
I have a good return with nicehash pool tester, but when I put the stratum address in my own asics it's always "dead"
Is this pool "sure" ? news from admin ?
the pool works with older asic firmware I point an s9 and a s15 to it it does not accept my s17 Basically I am one of two miners left on it. I am number 4 on this list http://mmpool.org/statisticsactually I am numbers 3,4,5,6,7,8. I stick around since those 6 miners add to over 0.710 btc the top guy tosses some hash at it right number he has a lot pointed at it.
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are there any situations when having battery in, but phone off can affect anything? A genuine question.
if the battery is in, some part of the phone is on, even if its just something that looks for the power button to be pressed. who knows what else could be powered when the battery is in it but "dormant" (idle) waiting for some trigger. no battery is the only way to be sure its really, really off instead of some kind of "soft" off mode. A faraday shield is more convenient. https://www.amazon.com/gp/product/B07NW77BS6/ref=ox_sc_act_title_1?https://www.amazon.com/gp/product/B07R4MV6XQ/ref=ox_sc_act_title_1?I have both of the above and use them. They are pretty much foolproof when combined. I have never been able to call my phone if in the soft case and it is in the stainless steel box. Also waterproofs and protects against fire. you can do 2 in the soft cases and they will both fit in the metal box.
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What would you choose for mining with NH the 3080 LHR or the 3090 ? Any future proof decision (if any ?!)…
Of course considering the fact MSRP prices and the 3090 is DOUBLE the price of a 3080
Buy 3 6600 xt at 500 each or less if you can. the problem am having i can NOT source a single graphics cards where am living right now (Turkey) as they are outrageously expensive ! i have one option only to get few cards from canada (through a friend) but buying 10x 6600 XT is not an easy option ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) id prefer buying LESS cards with more hashrate, so should i get the 3090, 3080 ((LHR)) or 3080 Ti ((LHR)) ? what is my best bet here ? i cant find any 3080 Non-LHR !... thanks, look for a rtx a4000 ebay canada has them https://www.ebay.com/itm/334143280401? note I am clueless to the seller. But if I did not have 18 of them I will buy more even at the bump up price you see. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FEvNY8Td.png&t=663&c=NMcDYR5jyDkoCg) I have 18 of them 7 are running right now. 11 on the way. far better then a lhr 3080.
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He has a system. At op where do you live ?
if in the usa I can sell you 1 card at a decent price to get you started
sell the 970 on ebay or craigslist.
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