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How is the requirement to re-plot a scam? This enables pooling without having to worry about double farming, which is great. They should have had this ready when they launched, so that's a big thing they missed, but I think all in all the team is pretty professional and making good progress towards a greener Nakamoto consensus chain.
Profits are not great, I give you that, but let's see what the future brings.
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Honestly I'm not saying that this chia project is a total failure but it's far from green energy mining like many thinks, this coin isn't easy to mine like ravencoin or even ETH, using terabytes of HDD and plotting with higher end Servers or CPU will draw watts power you've never prepared for, o don't see different in mining ETH and Chia when it comes to power efficiency
Just the on-ramp cost is expensive. The CPU intensive plotting. But after that the HDDs don't draw much power. So there is a huge difference plotting once and then farming vs. GPU mining, which continuously draws a lot of power. |
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Chia is an interesting concept, since it is the only real green way to have a Nakamoto type consensus algorithm. The success of the chain will solely depend on in which direction the Chia company is heading and how much adoption they can drive. I am mining it in a pool with some hard drives, that I was planning to buy anyway. If it becomes super unprofitabel to mine, I will just use the drive space for other purposes - datahoarding  |
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I think if a miner dev finds a workaround for this, he/she will make bank. All 3060s produced will use that miner.
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Deutschland scheint ja schon ziemlich gut fuer HODLer zu sein steuertechnisch. Portugal allerdings hat keine Crypto Steuern. Haben hier Leute Erfahrungen damit dort ihren Hauptwohnsitz anzumelden und somit keine Steuern auf Crypto zahlen zu muessen? Das waere insbesondere fuer Leute interessant, die eine grosse Summe auscashen wollen.
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Do you guys sell these GPUs at these high mark ups in person or online? I don’t think I would be able to sell them in person at a high mark up. Online it’s different. But when you are doing the transaction in person I couldn’t look the other person in the eye while charging him 50-100% mark up.
I would feel ashamed for taking advantage. And if I was a buyer paying a high mark up I also wouldn’t have a pleasant look on my face knowing that I am paying a huge premium to this individual who was lucky enough to find some in stock.
I never mark up at ebay prices. on ebay 1 1080ti and 1 3080 is running for 2900 + tax. in my listing I ask for a bid from 2100 to 2500 https://bitcointalk.org/index.php?topic=5320394.0so you could get it 800 cheaper than ebay. I am not ashamed to take that much profit. But frankly face to face scares me on any high priced sale. My fear is the guy wants to stick me up. Meet at a police station. Some have an entrance area with an officer sitting behind some glass. Just meet up there and you will be safe. |
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https://www.youtube.com/watch?v=d2DL5iGFskIIt says you can still mine in full (~28 Mhs) with a 4Gb card Ethereum (ETH) if you insert it into the x16 slot on the Mobo. I guess only on the first slot.... DAG is loaded into the RAM? What do you guys think? It works. But yeah, need a board with the bandwidth. And you need to use lolminer. |
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What are the overclock setting you guys are using for RX470/480/570/580 for KAWPOW?
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I for sure would also be interested in a group buy.
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I got a 3060TI today at Microcenter local. They had a bunch of 3070s as well. Would you guys snatch 3070s as well?
For me, I was really just interested in 60s and 80s, but 1 card limit per day anyway.
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Philip, I hope you still have a good portion of Doge.  |
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Ich bin ja ein bisschen ein Sonderfall, da ich in den USA bin.Das Mining findet in den USA statt. Ich versteuere hier die Einkuenfte mit meinem Gehalt. Ich plane aber ueber kurz oder lang nach DE zurueckzukehren. Die Frage ist dann wie ich die im Ausland per Mining gewonnenen Coins versteuern muss/wie lange ich die halten muss um keine Steuern zu zahlen. |
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Ich wohne momentan in den USA und mine hobbymässig Eth. Wenn ich jetzt zurück nach Deutschland gehe, sind die Coins dann steuerfrei? In den FAQ steht dass bei geminten Coins die Haltedauer keine Rolle spielt - ist das wirklich wahr oder muss ich ein Jahr warten?
Gibt es da vom Finanzamt eine Stellungnahme.
Einfach mal kurz bei denen anrufen oder mal 1 Stunde beim Steuerberater in Rechnung stellen lassen für Klarheit. Eigentlich (ich bin aber kein Experte) bin ich der Meinung, dass geminte Coins zum Zeitpunkt des erhalts zu versteuern sind mit dem dann gültigen Kurs. Ab dann gilt dann natürlich keine Haltedauer, weil die Coins ja bereits versteuert sind. D.h. immer dann wenn Du in Deine Wallets Ether durchs Mining reinbekommst, müsstest Du schauen wie hoch der Kurs zu dem Zeitpunkt war(sicherlich gehen auch Tageskurse)multiplizierst das ganze miteinander und meldest dass dann bei der Steuer an. Ob das der Realität entsprich kann ich aber nicht garantieren, so wäre es aber meinen Steuerempfinden nach logishc. Ja, ich bezahle hier in den USA Einkommensteuern auf die geminten Coins mit dem Wert, den sie an dem Tag an dem ich sie erhalte, haben. Ich weiss nur nicht, ob ich jetzt ein Jahr warten muss, sodass ich keine Capital Gains Steuer auf die Kursgewinne zahlen muss. Also sagen wir, ich mine einen Coin im Wert von 10 Euro. Ich bezahle Einkommenssteuer auf die 10 Euro. Jetzt gewinnte der Coin Wert und ist auf einmal 100 Euro wert. Muss ich jetzt ein Jahr warten, damit ich keine Steueren auf die 90 Euro Kursgewinn zahlen muss? |
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Ich wohne momentan in den USA und mine hobbymässig Eth. Wenn ich jetzt zurück nach Deutschland gehe, sind die Coins dann steuerfrei? In den FAQ steht dass bei geminten Coins die Haltedauer keine Rolle spielt - ist das wirklich wahr oder muss ich ein Jahr warten?
Gibt es da vom Finanzamt eine Stellungnahme.
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Reddit hardwareswap is good to avoid Ebay fees.
Craigslist as well.
If you don't find buyers there, just use EBay.
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those are good cards I have 3 of them.
If you grab them directly from evga they are 769 plus tax.
so you mark up is about 150 a card.
Will you be able to warranty them?
If so I would grab them.
I can warranty them np. 150 is the price to pay to source them rn, since everywhere they are sold out. So getting quantity is the big big problem. I am thinking, that if the stock situation does not improve in like 3-4 months, it will totally be worth getting them for that premium, especially since I am selling/ have sold my old Polaris cards rn. And resale value should be not bad, considering they are just released. I might just go with a smaller quantity. Like 10. To reduce the risk. |
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EVGA GeForce RTX 3080 XC3 10G-P5-3885-KR is the model. I also have free electricity for at least half a year longer.
I am just considering it, since I want to upgrade old rigs. And I am not sure how the stock situation will change. Maybe in 6 months the cards will still have held their value.
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I can get a good amount of cards by the end of the month. Considering buyin' 20 with money I have not invested into anything else right now. And would not have to buy boards or anything, since I am swapping out old cards and would just have to swap the GPUs in.
It's a real seller (through a company, that has access to non retail distribution).
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Would you guys take the risk and buy RTX 3080s at inflated prices? Like around $900 a pop (plus tax)? With delivery end of month?
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Any clue how many RTX 3080s I can realistically run on a EVGA 1300W or 1600W PSU? I think I will be able to source a few and would be interested how many I can run on a board. Right now I am running 8x Polaris cards, but because of power considerations 8x 3080s will probably not work. I assume I can run like 5?
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