Okay, so I have stuff coming to make my first GPU and CPU mining rig. It's not gonna be anything impressive. So the capability of the rig is not really my top concern. I do intend to mine up to three different coins at the same time for the same duration.
My priority is to diversify, like I have with my other portfolio and has worked well, so I feel to do the some with my crypto holdings.
I'm not trying to chase profits, so the kind of coins I'm after are ICOs/emerging projects. Mine the algorithm(s) for about a month and hold the bags I accumulate long term in hopes one of them will grow in value.
I'm to understand about 90% of new coins will become failed/dead projects.
When it comes to the number of coins out there, it's a veritable ocean. I have seen where I can find lists of new coins, like coin market cap, but it would be hard to know which ones to choose.
I'm looking for some advice on how to look for coins to try to mine and tell which ones to avoid.
If you are talking about new coins, then they may not be added to the coinmarket for a very long time and you will have to look for all the data yourself in the explorer. I won’t give advice on choosing, because I was almost always unlucky. Even when I guessed right, I did not sell these coins in order to get 200-300% more than mining regular known coins. I wanted more profit and in the end the projects died. |
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So I've been doing some consideration with what I've been doing with solo mining so far.
I feel I've been overdoing it and spending way too much for something that's meant to be a very inexpensive mining set up.
There was an enclosure I made for my ASIC that was also running as a solo miner and now feel it's overkill. Instead I decided to look in to building a GPU mining rig that can also do CPU mining.
There was a build I saw that I liked and wanted to get others opinions on it.
This rig would be a cheap one, I'm okay with buying used parts, on some things, but some I would buy new.
I would also want a robust setup, that the parts are specifically designed for mining so it won't burn out in less than a year. Then also a rig for someone that is starting out and doesn't want get the top of line gear, or have 10 GPUs running at the same time. Here are the components:
Motherboard - Biostar TB360 BTC Pro 2.0 (USED)
CPU for CPU and GPU mining - Intel Core i7 9700k (USED)
or
CPU for GPU mining only - Intel Celeron G5925 (NEW)
CPU water cooler (NEW)
4GB DDR4 Ram (NEW)
Storage - SSD 60GB (NEW)
PSU - CORSAIR RMe Series RM1200e ATX Power Supply, [80 Plus Gold] (NEW)
GPU - x2 INVIDIA CMP 30 HX
OS - HiveOS on Linux
Some of these components are not the typical GPUs, or motherboard, but specifically for mining, they are also very inexpensive, available used and will/should last longer than conventional components.
Total cost could be around $600-$800.
What would some thoughts be on this setup?
My thoughts  I spend 700 dollars and get equipment that, with 5 cents of electricity cost, gives 30 cents of profit per day. With such a payback of more than 2000 days, I don’t see the point in buying all this. You need to either look for purchasing options at a cheaper price. I would not buy the CMP 30HX, because it is very old hardware that cannot be sold later. It’s better to make a mining farm using regular video cards, which you can then sell to gamers. |
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Introducing Zilliqa 2.0 - Shaping a Decentralised Future We are delighted to officially unveil the whitepaper and roadmap for Zilliqa 2.0, the upcoming comprehensive upgrade to the Zilliqa network that will deploy on mainnet later this year. Zilliqa 2.0 marks a paradigm shift for the Zilliqa network, bringing a major evolution that reworks the mechanics of the blockchain protocol at a foundational level. These enhancements are being developed in line with the project’s goal of delivering a fast, scalable, decentralised, and secure blockchain that is easy to use and uncompromising in its flexibility. https://blog.zilliqa.com/introducing-zilliqa-2-0-shaping-a-decentralised-future/The change to POS is planned at the end of the year  |
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Xelis #XEL developers want to carry out a hard fork As a small update, we are planning a hard fork with the following changes: - Update POW algorithm to bridge the gap between CPU and GPU, making it much more secure (currently being tested and revised). - Fix the difficulty algorithm (and the stated network hashrate), reduce the percentage of changes between blocks - Increase the additional data limit for transactions from 1 KB to transfer up to 32 KB (and limited to 1 KB per transfer). Once we confirm everything, the testnet will be released with all the changes, as well as the hardfork date. https://t.me/journalmainera/3532 |
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Increased performance of Intel Arc A 770 video cards with new drivers.  Intel has done a great job of optimizing the dance video cards represented by the Arc A750, A770 8 GB and A770 16 GB. Before your eyes is the same amount of work that AMD and Nvidia have done within +- 20 years since the release of their first desktop cards. https://t.me/HomishTG/7094 |
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MSI GeForce RTX 4090 24G SUPRIM FUZION Combines Air Cooling and Water Cooling with 4.5-Slot Design From a report (machine translated): “The MSI GeForce RTX 4090 24G Suprim Fuzion looks like a model with a thick air cooler, but hides a compact water cooling system including a pump and radiator.” Expand article logo Continue reading “The radiator of the cooling circuit is simply squeezed into the format of an air-cooled card. This gives the silver-black Nvidia graphics card over four slots (presumably 4.5-slot design).” “The Ada Lovelace GPU is apparently cooled by a compact cooling block including a pump, which in turn is connected to the heat exchanger by short hoses.” “The heated air is then removed by two fans (probably 90-100 mm in diameter). Also clearly visible are copper heatsinks around the cooling block , which most likely cool the memory chips – and possibly also the power supply.” https://www.msn.com/en-us/lifestyle/shopping/msi-geforce-rtx-4090-24g-suprim-fuzion-combines-air-cooling-and-water-cooling-with-4-5-slot-design/ar-BB1nh0EY |
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Thank you for those suggestions! We would need to implement model release dates first, to be historically precise. It should be easy to implement. The question is why do you want this feature and how UI to look like? you want to see the most/least profitable models for selected mining period, then pick the one you are interested in for more insights, right? taking into account overclocking and consumption. This function is perfectly implemented and add the payback period in days and months
Roger. in our pipeline. just need to get correct specs for those settings. Also utilization % rates are the same category of accuracy improvement (will go into “advanced” inputs). you can adjust hashrate and wattage manually already though. You heard me right. Miners want to see the rating of profitable models and the current profit per day, taking into account their electricity price. That's the most important thing. On the additional page you can add more settings, but I told you the most important thing. The payback is easier for miners to calculate by themselves on a regular calculator, because there are always additional spending every month. You can also add this feature to the calculator. |
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Thinking about Satoshi mining with a laptop is a fool's errand. No matter how powerful the computer is, this is not possible. Bitcoin mining requires very powerful full hardware machines, which are very expensive. It will take a robust net and cannot be leaked. If the hash rate can't generate more, then it won't. ASIC and S19 are expensive, so they will not be without them. Although some minor alternatives will come out in keeping with the modern world, they are not out yet.
It is not possible to do it with a laptop. If you start, it will show that your laptop is burnt or damaged, but you will not get any results; it will just be damaged. If you want to do mining, following an alternative method without a laptop will be better.
Try starting bitcoin mining on a laptop first. It will most likely be mining other coins, but the payouts will be in bitcoins, like Nicehash does. A new laptop won't break quickly, and in my experience etherium mining on laptop graphics cards miners had one in ten laptops break down in the first year. |
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Mining is a nice get poor slow scheme. Having free electricity is the only way to make money from mining and there is no such thing as free electricity. Those who say they have access to “free” electricity are usually the thieves that use someone else’s electricity.
The competition is too damn hard on mining, having free electricity is the only way to survive. It is smart to avoid participating in a game like that.
I agree the competition is hard, but it's definitely not get poor slow scheme. If you could obtain low electricity rate and newer ASIC at reasonable price, it's still profitable. And there are some business about Bitcoin mining out there. Having reasonable electricity prices and cheap hardware won’t cut it. You will be competing with the “free” electricity users a.k.a. thieves. It is a loser’s game unless you are also a thief. People who play honest will never ever make their ROI back unless bitcoin goes super bull and then buying bitcoin makes more sense in the first place. Why risk your hard earned cash on smth where there is a big chance to lose money when you can buy btc and hold and almost certainly make money? Personally i don't think miner need to worry about that. Those thief also need to obtain either steal any ASIC or buy reasonable cheap ASIC. And as stated by other poster, someone will notice if the thief use lots of electricity. I will tell you the experience of mining in Russia. In order for you to have a cheap price for electricity, you must buy a contract for at least 1 Megawatt of consumption to get a price of 4-5 cents in the official data center. If you want to officially mine on several dozen ASICs, then you will have a price of 8-10 cents. I'm talking about "white" mining without problems with the law. “Gray” mining has a price of 2 cents when connected to household networks, but energy workers are actively fighting this. "Black" mining has a cost of electricity of 0, but with high risks and even a prison sentence. |
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Consider a more user-friendly interface so that the profit for all models is available on the first page for comparison. https://www.asicminervalue.com/And then make it possible to more accurately configure each ASIC, taking into account overclocking and consumption. This function is perfectly implemented and add the payback period in days and months |
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Thanks for sharing this insightful information about DDR6 and LPDDR6 memory advancements!
The leap in bandwidth for LPDDR6 is indeed impressive, with 10.667 Gbps per-pin translating to about 28.5 GB/sec from a single LPDDR6 IC. When you consider a typical desktop PC's dual-channel memory interface, the potential 228 GB/second of memory bandwidth is a significant boost compared to the 102.4 GB/second with DDR5-6400 memory. This essentially doubles the available system memory bandwidth, which is quite remarkable.
As for regular desktop DDR6, it's exciting to see the projected data rates ranging from 8.8 Gbps up to potentially 21 Gbps. With JEDEC's draft spec expected this year and finalization anticipated by Q2 of 2025, we're on the cusp of a new era in memory technology that could substantially enhance overall system performance.
Looking forward to seeing how these advancements will impact both consumer and enterprise computing in the near future!
I have always said that the main clients of video card stores are miners. If there is nothing to mine with a good profit and the payback is approaching 2 years, then prices in stores are much lower than recommended. Most gechmers are played on old video cards, which is confirmed by the report from Steam. |
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GeForce RTX 5090 rumored memory specs 14x 8Gbit (2GB) GDDR7 modules 28GB total capacity 28 Gbps speed 1568 GB/s maximum memory bandwidth The 28GB specs on the new flagship may not look as impressive as 32GB. However, this means that NVIDIA will still have room for potential “Ti/SUPER” upgrades in the future. In fact, the 512-bit memory may not be used by gaming GPUs but instead offered for ProViz RTX (formerly Quadro) series, which can utilize a lot more memory capacity. The last time NVIDIA used a 448-bit memory bus was during the GTX 200 series era. Models like GTX 260 or GTX 275 featured 896 MB of memory. The 512-bit bus was used by GTX 280. The following launches were equipped with up to 384-bit bus (GTX 400 and newer). https://videocardz.com/newz/nvidia-rtx-5090-new-rumored-specs-28gb-gddr7-and-448-bit-bus |
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FluxEdge находится в закрытой ALPHA с 29 марта, подвергаясь тщательному тестированию и улучшениям. Сегодня мы рады официально объявить дату релиза - 26 июня 2024 года!
Что это значит и чего вы можете ожидать?
Вас ожидает множество функций, включая предварительно выбранные приложения быстрого запуска, похожие на магазин на рынке. Кроме того, у вас появится настраиваемая возможность развертывания собственных приложений.
Чтобы развернуть проекты и арендовать машины, клиентам FluxEdge необходимо внести средства на свой счет. Для этого можно использовать криптовалюту FLUX, а также варианты FIAT с помощью PayPal или кредитных карт.
Развернутые приложения будут иметь доступ к информации Log и функциональности Shell внутри контейнера, что позволит клиентам получать всю необходимую информацию и точно настраивать свои установки.
До официального релиза мы представим новый сервисный модуль FluxCore, чтобы провайдеры могли с ним ознакомиться. Этот модуль позволяет провайдерам присоединяться к кластерам и предоставлять свои машины в аренду.
Мы стремимся обеспечить отличный опыт работы с FluxEdge на ранних стадиях и продвигать новые функции по мере продвижения к релизу BETA. Мы с нетерпением ждем ваших отзывов и предложений, как и в случае с FluxCore.https://t.me/journalmainera/3475 |
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All Canxium #CAU source code, including offline_mining, will be reviewed by Certik https://skynet.certik.com/projects/canxium#https://t.me/journalmainera/3473Canxium is a blockchain platform with a unique demand-driven economic model that adjusts the total coin supply based on market demand, creating a dynamic and responsive system. Unlike traditional blockchains, Canxium does not have fixed supply or predetermined inflation/deflation mechanisms, allowing market forces to determine the coin's availability and value |
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Background: Why distributed Al training matters
The emergence of ChatGPT has brought about the rapid development of the AI industry in the past year, with the exponential growth of large models and their parameters (GPT3 has 175B parameters, and GPT4 has reached 1.5 Trillion, and it takes $100 million to train once), while the capacity bottleneck of high-end graphics cards for AI computing is extremely high (the price of a single H100 card is nearly $40,000), resulting in a sharp increase in the time and money cost of large model training.
But on the other hand, a large amount of scattered AI computing power is idle. The vast majority of PC graphics cards are idle most of the time. Moreover, due to the transformation of Ethereum from POW to POS, a large number of GPU computing resources are released and idle too. From the point of view of economy and efficient use of resources, it is desirable to revitalize these idle GPUs.https://dekube.gitbook.io/docshttps://dekube.ai/producthttps://dekube.ai/Testnet! https://dekube.ai/earn |
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Hehe, I figured that as soon as I made that post Bitmain would make the official announcement. Nice.
I can't find on their website where the price guessing game is. Supposedly that started already.
If we talk about retail buyers, prices will start from 15,000 dollars, without discounts and coupons, in my opinion. But large mining companies will probably buy these ASICs for less than $9,000. This is the problem with home mining, if you need to buy 1-2 ASICs. |
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Mining is a nice get poor slow scheme. Having free electricity is the only way to make money from mining and there is no such thing as free electricity. Those who say they have access to “free” electricity are usually the thieves that use someone else’s electricity.
The competition is too damn hard on mining, having free electricity is the only way to survive. It is smart to avoid participating in a game like that.
I agree the competition is hard, but it's definitely not get poor slow scheme. If you could obtain low electricity rate and newer ASIC at reasonable price, it's still profitable. And there are some business about Bitcoin mining out there. Having reasonable electricity prices and cheap hardware won’t cut it. You will be competing with the “free” electricity users a.k.a. thieves. It is a loser’s game unless you are also a thief. People who play honest will never ever make their ROI back unless bitcoin goes super bull and then buying bitcoin makes more sense in the first place. Why risk your hard earned cash on smth where there is a big chance to lose money when you can buy btc and hold and almost certainly make money? With reasonable electricity and equipment prices you can get coins at half the price, which is why mining companies don't buy coins. Now mining is profitable, so the hash rate is constantly growing. |
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Forum Rank: Legendary
Bech32 address: bc1qyn0mdf3tkrcaueepmqjcdtc3p3hjdlv9g280ac
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I just don't see any mobile mining actually working long term. You got phone emulators and one can easily emulate hundreds of phones on a single AWS instance. And there is no way to know for sure whether its a legit user or not. This was tried many times in the past and never really caught traction.
Phones are also horrible for constant CPU use, just like a laptop. Its not a good idea long term mining 100% because you will stress the battery and with the constant heat the battery can swell and explode. Most phones require a battery to opperate unlike a laptop where you can remove the battery and mine directly with AC power.
Yea I was thinking the same thing...  Colleagues, you definitely didn’t repair phones. If you leave the phone on charge for a day, it will not explode or overheat, because the phone, laptop and other devices have a device charge controller that stops supplying power when the battery is charged. A constantly connected charger puts additional load on the charge controller. But you have a one-year warranty on your phone, and perhaps you can still buy insurance for 1 year inexpensively. This is a great mining because the warranty service will most likely recognize the phone as defective, and you will get your money back or a new phone. Thats a good point, although you can not be 100% sure, that they won't recognize the phone was used for mining these days... I'm sure it's going to be very difficult to find out. If a customer brings in many phones with the same fault, it will raise suspicions. The charge controller failure is a very common problem, it can be repaired quickly and the controller is cheap. |
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For lightcoin, asics are not appearing so fast the price of lightcoin is low now, so I am sure that investing in this asic will pay off if there is inexpensive electricity. But I want to see reports on the reliability of the new asic.
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