But why Bitcoin now, when it’s better to mine altcoins, because their price can rise more.
Is just for easy setup and settings of the software, as I have just one graphic card, RTX3080. I don’t know the coins that you mine on Nicehash, but if you want to make money, it’s better to become an adventurer and mine some of the shitcoins with probable growth potential. If you estimate the profit of your video card in bitcoins, then you will break your video card before it pays off. https://www.hashrate.no/gpus/3080https://www.hashrate.no/gpus/308012 |
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What is the “Fish Hash” Algo?   The reason for voting to change the algorithm is to support GPU miners to remove FPGA from mining this coin and study the opinion of the community. Lolliedieb’s “Fish Hash” Algo is probably a proprietary algorithm that was developed for this coin by the developer Lolminer. If they vote for this algorithm, we’ll see how it works on video cards. |
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The Ministry of Energy proposes to increase electricity transmission tariffs for industrial cryptocurrency mining farms by two to five times. Kommersant reports this with reference to sources.
According to their information, the tariff increase will primarily affect energy-deficient regions, including Buryatia, Trans-Baikal Territory and Irkutsk region. A significant portion of mining data centers are located there, which is already leading to a shortage of generation.
The ministry’s goal is to force miners to move to regions with excess capacity.https://forklog.com/news/smi-uznali-o-planah-znachitelno-povysit-tarify-dlya-majnerov-v-rf
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 According to the team’s plans, the Aleo mainnet is planned for Q4 2023. Miners will be able to exchange their test coins for real ones. Previously, the launch of the mainnet was planned for the summer of 2023. Maybe this coin will have a positive effect on the profit of miners on video cards. |
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Ok, that I know, but why so big differences between 2 periods of short time (10 days), if coins price (RVN and BTC) didn't vary so much?
So let's take my case for example, I mine just Kawpow algo (RVN coin), and I'm paid in BTC, as I count for one day (24 hours) and I gain into my wallet 0.00002345 BTC, for RVN coin value it's lets say 1.
Assuming BTC price stays untouched for next 48 hours (no matter wich it is) and RVN coin increase it's price value by 100%, so, it doubles from 1 to 2, also reward that I gain into my wallet for continuous 24 hours of mining, must be almost doubled, no?
From 0.00002345 BTC/24h before RVN value doubles, to almost 0.00004690 BTC/24h because RVN value doubled.
That is logical, no?
Because I mine RVN on nicehash platform and this converts automatically revenue (reward) in BTC, so RVN price is doubled, also BTC amount gained must be almost doubled too, I think.
So, reading carefully what you wrote above and trying to correctly understand it, I must realize this lowered gains of BTC in my wallet, is only because less miners on nicehash or less hashpower rented?
And nothing else is guilty for decrease of reward, even if both coins mantains the same price for multiple days (RVN that I mine) and BTC tha't I'm paid?
I usually go to any pool with the most profitable coin on Kawpow algo and look at the profit in dollars for every 100 megahashes. If your pool pays less, then it's time to change the pool. But why Bitcoin now, when it’s better to mine altcoins, because their price can rise more. |
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Do you have 2 routers between ASICs and the Internet or 1 router?
If there are 2 routers, then try to first check each ASIC and connect to the Internet through the first router.
Do not rush to update the firmware until you have checked your routers.
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You should consider the noise and the space if solving blocks is your main goal, the prodm with old asic miners and USB miners is they are not profitable, they are left behind in a very long time ago, there is almost zero chance that you will ever solve a block.
Another thing is there are some crazy people like you too, running USB miners and others, hoping to solve a block one day, I just want you to know this, it's a freaking wild west, I would rather endure the noises and space, and go for a better asic miner and hope to solve a block one day than using outdated miners.
What space are you even talking about? I am sure you must have at least one stabilizer in your home, the size of an Asic miner is the same thing as the same of a Stabilizer, what space are you talking about? You don't have to buy many Asic miners, one is good enough, the hash rate is what matters.
Why does an old ASIC need a stabilizer? A used unit for it is very inexpensive and there are usually no problems with electricity at home. Well, if the voltage in the power grid is unstable, then it is better to engage in mining on video cards. Good ATX power supplies work well even if there are surges in the network of 140-240 volts |
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I know that miners are in no hurry to buy and use new ASICs until their partners or they themselves purchase equipment and spare parts for repairs and learn how to repair themselves. Most miners use the S19 series 100-150 terahash, which is easily repaired.
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That's incredible news! Securing electricity at $0.05 per KWh is a fantastic opportunity, and having the capital to invest makes it even more promising. Building an operation from scratch can be a substantial endeavor, but it's definitely worth considering given the favorable electricity rate you've mentioned.
Before you dive in, ensure you thoroughly understand the local regulations, infrastructure requirements, and potential challenges associated with your specific region or setup. Additionally, consider the environmental and social impact of your venture, as sustainability and ethical considerations are increasingly important.
If you liked the prices in Russia, then in Russia energy companies are struggling with home miners, so it is difficult to install more than 1 ASIC at home. And now there are discussions about tariffs for miners. The state thinks that miners earn a lot, so they want to force miners to pay higher rates. And whoever uses standard tariffs risks paying heavy fines. It is very dangerous to start mining now. |
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I don't know exactly what Bitmain means about scrapped but I guess they are pointing to ASIC chips and maybe they think that you replaced these chips.
This means you already voided the warranty if you replaced these ASIC chips or touched/modified anything on the hardware without their approval this will void the warranty because it's an unauthorized modification.
Did you do something on this 2nd hashboard? Or did you bring this to the repair technician before you sent it back to Bitmain?
I also cannot determine the reason for the malfunction under warranty, but the official service center must first write the reason for the refusal of warranty obligations. If the warranty conditions were violated or the ASIC was repaired out of warranty, then this should be indicated in the service center report. |
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Miningpoolstats data shows that the Viabtc mining pool controls more than 50% of the Zcash hashrate. September 20, 2023 4.54 GSol/s for the Viabtc pool The entire Zcash hashrate is 7.84 GSol/s. https://miningpoolstats.stream/zcashElectric Coin Co., which oversees the Zcash project's codebase, acknowledged the problem Tuesday, citing a "lack of finality."
Coinbase released a “PSA” called “Observed risks in Zcash mining pool distribution.” In the analysis, Coinbase detailed the prevailing problem and mentioned its direct interaction with the Zcash team. To protect customers' assets from potential problems, Coinbase has taken measures including moving its Zcash markets to a "limit only state."https://cryptonews.net/news/mining/25793839/ |
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СМИ узнали о планах значительно повысить тарифы для майнеров в РФ https://forklog.com/news/smi-uznali-o-planah-znachitelno-povysit-tarify-dlya-majnerov-v-rfМинэнерго предлагает в два-пять раз увеличить тарифы на передачу электроэнергии для промышленных ферм по добыче криптовалют. Об этом сообщает «Коммерсант» со ссылкой на источники.
По их информации, в первую очередь повышение тарифов затронет энергодефицитные регионы, включая Бурятию, Забайкальский край и Иркутскую область. Там расположена значительная часть майнинговых дата-центров, что уже приводит к нехватке генерации. |
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nicehash is not a mining pool. is a hash market platform. when you join an algorithm you are essentially selling your hash to buyers who buy hash to mine coins with that algorithm in other mining pools.the prices are determined by the buyers and the average payment price has the standard, payment per share PPS -4% that nicehash keeps. in a few words the profit is the average price of the buyers -4%. it is better to go to another mining pool that does not have so many reservations.
What does nicehash do when there are no buyers? From the mining algorithm, it selects the most profitable algorithm, but pays you in bitcoins or other coins that you choose. When Ethereum was the most popular coin for mining, the profit was the same, but now, due to constant switching algorithms and rapid changes in coin prices, the profit may differ. |
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GeForce RTX 5090 rumors take shape Assuming that other claims are also based on the RTX 4090 as a reference point, a 15% increase in frequency would translate to a 2.9 GHz boost clock, with actual workloads likely achieving clocks of 3.0 GHz or higher. Additionally, a 78% increase in cache suggests that the GB202 GPU would feature 128MB of L2 cache.
We are more than a year away from the potential launch of the next-gen GeForce series, however just for fun, if we were to extrapolate these specifications to a potential RTX 5090 GPU, it might look something like this: https://videocardz.com/newz/nvidia-geforce-rtx-5090-rumors-2-9-ghz-boost-clock-1-5-tb-s-bandwidth-and-128mb-of-l2-cache |
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The price of the coin doubled in 3 days!
What a suprise I do believe this because the project has the relation with AI the recent Hype and Listing on Centralized Exchange always a good news and usually make the price Up. The connection between this project and AI is very conditional. They offer miners to rent out their mining farms, including for the calculations needed by AI projects. But so far such projects have no demand for such a service. Many coins have not yet been mined and the project has a chance to become popular. There is demand for this kind of service because CLORE has an innovation called Proof of Holding (PoH). PoH system automatically rewards rig owners with bonus CLORE when they are rented on the Marketplace, and thus allowing them to lower prices. So, low rent prices = high demand. Found the details here --- https://clore.ai/proof-of-holdingThere are 3700 GPUs on the Marketplace right now, out of which 2200 are rented, check here --- https://opendata.clore.ai/d/aKQRJmA4z/clore-ai?orgId=1&from=now-1y&to=nowThey are like a vast.ai platform on blockchain. Also, mcap is under 10M, which makes it a gem. So this is cheating. Miners rent their power to earn more CLORE coins. Miners can also receive additional rewards for holding coins. If this is a future diamond, then it is more profitable to buy it now, while mining is not very profitable. True words, and this is what i talk to many people. But Influencer like SOAT say it in the other way and this is bullshit. People buy cards for $300 with an revenue of $0,01 after power -> yeah make sense to buy GPU´s and mine instead of buying coins  lol I still buying coins at the moment -> i pay no tax for bought coins after 1 year  But i also buy very cheap cards for the long run (RTX3080 and AMD 6800/xt) for around $200 and to hodl the GPU´s for the bull market  I’m very glad that your prices are so cheap, but in Russia for $170 you can only buy old 2070 or 5700xt video cards. What country has such magical prices? 3080 in my country costs from 300 dollars, but condition is very important here. And this is not the best condition of the video card. |
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It would be interesting if they published the sales stats for year 2021 as that’s when people were still hoarding GPUs for Ethereum mining. In H2 2022, after ETH went POS, sales were already declining. So if we could see the H1 2022 and H2 2021 then it would paint a better picture into how many sales were lost.
And yes, Nvidia stock price has nothing to do with GPU sales, it’s mostly due to AI which has made stocks go to crazy highs.
it is not difficult  https://www.tomshardware.com/news/nvidia-maintains-lead-as-sales-of-graphics-cards-hit-all-time-low-in-2022-jprThe industry shipped 7.3 million standalone graphics cards for desktop PCs in Q4 2022, up modestly from around 6.81 million in Q3 2022, but down 27.4% from 13.19 million in Q4 2021, based on JPR data. The analysts attribute the increase of AIB unit sales to attractive prices of previous-generation graphics cards, as well as the rollout of new ones. |
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