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1  Other / Beginners & Help / Re: How do I get started with mining, when I don't need to pay electrical costs? on: February 10, 2021, 03:48:58 PM
Thx all for your replies!

I think I'll just do it the chill way and watch GPU prices the next few months. So I can build in a second GPU
in my gaming PC first with a new PSU and then try to maintain a more casual setup so I won't get charged with insane
electrical costs if they find out and charge me the extra I used.

Also I calculate the electrical costs of my city and try to assume what the company pays for it, so I know that I can afford it if they ever come to my appartement and want me to pay what I used extra.
For 1000 euros you can buy RX5700 or RTX 3060ti.
if you find these cards on sale. If I were you, I would buy 3060ti, because you have 2080S
You will need a 700 watt power supply for 2 video cards and the unit must have enough power connectors to connect video cards.
You will need a raiser to plug in your video card and install it near your computer.
Installing two video cards in the computer case will cause them to overheat during mining.
The total consumption from the wall will be 450-500 watts.
Will your socket withstand such a constant load? Ideally, it should have a ceramic box


Ok thanks for the advice. I have a 2000W fan heater that I use in winter, because our normal heater is not enough. That runs for days without problems.
But yes, I understand that's kinda different from my pc running 24/7, so I'll make sure my socket is able to handle it.
2  Other / Beginners & Help / Re: How do I get started with mining, when I don't need to pay electrical costs? on: February 10, 2021, 01:40:07 PM
Thx all for your replies!

I think I'll just do it the chill way and watch GPU prices the next few months. So I can build in a second GPU
in my gaming PC first with a new PSU and then try to maintain a more casual setup so I won't get charged with insane
electrical costs if they find out and charge me the extra I used.

Also I calculate the electrical costs of my city and try to assume what the company pays for it, so I know that I can afford it if they ever come to my appartement and want me to pay what I used extra.



3  Other / Beginners & Help / Re: How do I get started with mining, when I don't need to pay electrical costs? on: February 10, 2021, 12:21:19 PM
You could buy a bunch of GPUs I guess. Take a look at https://whattomine.com/ and see it for yourself. Assuming your electricity cost is 0 I guess anything could be profitable. But your apartment manager will definitely find out. Don't know how much they'll charge you, but I don't think it is worth the risk. Staking might be better imo.

Thx for mentioning this site. I will take a look at it! Yeah, any setup would be kinda profitable, but I also don't want to waste money in not effcient hardware.

Yes, I thought about that. I am aware that they will find out if too many people in one building start to mine. But right now I would be the first one in my building (as far as I know) and also with 90 units in one building I don't think it will stand out between the electrical stoves, fan heaters and dish washers etc. At least not with a setup for 1000€.

4  Other / Beginners & Help / Re: How do I get started with mining, when I don't need to pay electrical costs? on: February 10, 2021, 12:08:56 PM
.... If they see that electrical cost gets to high for them to make profit, they will charge us, no doubt.
If ever this happens, will you step up and take most of the electricity charges since you're the biggest consumer?

Yes and no. I won't buy a full blown setup with 8 GPUs or sth. because that's a) not in my price range and b) I wouldn't be the first one. I know of at least 6 other students that started to mine last year or several years ago with small steups that are mostly silent.
But if I ever happen to buy me a 12000$ ASIC-miner and use it in my small appartement, then yes I'll step up and get me a new contract and also open a sauna for everyone to use.
5  Other / Beginners & Help / Re: How do I get started with mining, when I don't need to pay electrical costs? on: February 10, 2021, 11:41:31 AM
It's not like I live there for free. With over a 1000 Students living there, while also them beeing a big real estate company, I don't think I have to feel guilty for starting a new hobby. If they see that electrical cost gets to high for them to make profit, they will charge us, no doubt.
6  Other / Beginners & Help / How do I get started with mining, when I don't need to pay electrical costs? on: February 10, 2021, 11:12:49 AM
Hey, I'm a student located in Germany!

I thought you could help me in finding good hardware for my needs and also what to mine.
Currently I'm living in a student appartement with several units, where I don't have to pay any extra
for electrical costs. I recently started to inform myself about mining and tried to use nicehash as a starter.
That worked quite fine, but I also know that many don't like it for several reasons and in the long term I don't
want to rely on a thrid party. I used my gaming PC for a month (rtx 2080 super) and liked the results, so I decided
to start with actual mining.

I want to spend around 1000€ (~1200$), because thats what I am able to invest without getting in trouble if I loose it all.
Because I am living in a small appartement with just one room I need my mining rig to not be louder than 40-50DB,
cost under or around 1000€ and also not beeing insanly chunky.

Is there any hardware currently available that I can get in Germany in my price range that fits my needs?
I have not decided what to mine yet, guess that also depends on the hardware I can get my hands on. I also don't
have a preference in which kind of hardware I want to use as long as it meets my expectations above.


Thanks for your help!
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