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Hello folks....
I was wondering if there was such a site where I could have "widgets" I can place on my desktop that would show coin price and diff , and I could have 4 or 5 coins on the screen at one where I could see both of those stats? if not a widget, does anyone know of a site I could pout in the coin, and they could show me both of these values, but then allow me to put in more coins and that data gets added to the same screen so I could see it all at once?
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Long time GPU miner, first time Asic Miner...
I moved away from mining eth, given the planned PoS move in June. Looking to buy an Asic miner, but from what I can tell, the ROI on most miners is 24 months min. 24 months is a lifetime in crypto, as well as the 24 months does not include diff increase over those 24 months. Am I missing something? Can anyone give me some suggestions on models that have a decent ROI? On one hand I can get myself an A 1246 Pro 87T, but i see some new units coming in July at 140T that will certainly raise the hashrate and increase time for ROI.
Thoughts/Guidance ?
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I know we dont know when Eth 2.0/PoS is coming, but it IS coming at some point. Curious what my fellow miners will do when they cant mine eth anymore... I have heard people might mine eother PoW coins like RVN, however profits will be much lower due to the hash from eth will move to rvn to a degree (and the rest of the PoW coins). you could go ASIC SHA-256 route and taker a crack at BTC, but good luck trying to get your hands on a miner. There are some new projects like Chia and Helium which look interesting that have a different take on mining.
Perhaps you might take your eth you have and stake it, and if you have less than 32 eth, perhaps you will join a staking pool.
I for one, have not decided other than I know I would like to continue in some capacity with mining.
Thoughts?
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Hello!
As miners, once the London fork comes out, is there a need to update our miner clients (ie. PhoenixMiner)?
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Been wondering this for a while now and wanted to hear what others thought. Lets take RVN. Right now, majority of alt miners are mining eth, and when eth goes to POS, they will either retire or switch to a new coin. eth has MASSIVE hash power, and if I am a simple HODLer of RVN and I bought it at say 5 cents, I assume there will be many miners who would sell RVN they mine immediately to cover their power bills or use the money to buy other coins (btc, eth, ada, etc).
So what does this mean? so if my theory holds true, all the POW coins today that people have bought and are simply HODLing, when the massive hash power of the eth miners comes knocking and they begin to miner all those other POW coins, those who bought prior to the hashpower, might see a dip in the coin price as a result?
Thoughts? What do people think?
PS. I guess if there is some truth to my theory, when eth goes to POS and eth miners are no longer selling eth for power costs or buying other coins, I wonder if that would have an opposite effect reducing the number of eth sellers because us miners are no longer selling it for power costs,etc
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All of us mining ETH has seen a major drop in payouts over the past several weeks. With Gas prices soooo low, when 1559 gets implemented, will it be as painful as it woulf have been say just a few months ago? I feels like it wont be too bad now. The pain (low has prices) have already occured so is it now really a big deal? Dont get me wrong, I am not saying I am happy with the current eth mining payouts, rather saying I think we are already (or nearly) there in terms of how 1559 can and will impact miners?
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If I stay my eth with someone today and lets say the price of eth today is $2,706 for one year, I get an expected return. My question is lets say 3 months into me staking my eth @ $2,706, the price climbs to $6,000, does my expected return also increase even though I am only 3 months into a month 12 stake?
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I have been mining Eth since Sept 2017, and I have heard my share of GPU mining is dead POS is around the corner. But I can honestly say that with 1559 this summer (July I believe) and the recent announcement that the diff bomb will be delayed until Dec 2021, we are looking at the dead of ETH GPU mining by the end of the year.
And I have been reading the same news as everyone else that there is no minable coin we can switch our GPUs post post ETH POW that has the market cap to make GPU mining profitable.
So I plan on selling all my GPUs probably in the fall (while GPU prices remain very high) and would like to move to something different.
Question is what does that "new normal" look like. It would seem to me the only real options if I want to stick with mining is BTC or XMR. For XMR, I dont know of any profitable approach that gives a reasonable ROI, and for BTC its hard to get into with the high prices of ASICs for a hobby/home miner.
what are other ETH miners thinking around their plans?
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If I end up using Exodus wallet to manage BTC and XRP, but one day, Exodus decides to get out of the business and shutdown, will their wallet still work? From what I can tell their wallet seems to be a hybrid personal wallet but requires you to be online to function. Is the need to function driven due to the need to sync with the blockchain and if yes, does it sync with nodes on the network or does it need to sync with its master node that it manages that could become offline if it goes out of business.
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Hello everyone, I was wondering what people think about the timing of eth2 ph1.5, which will be the last time PoW will be part of eth and PoW mining will cease as we know it. This ofcourse will have wide spread impacts to GPU miners, not just eth miners. if your a RVN or ETC miner for example and thinks eth going PoS wont impact you, you are wrong. We will see massive shift in GPU hash move from eth to RVN, ETC or some other GPU mining algo. This will drive up diff on all these other coins will which most likely make them unprofitable more than likely. So saying all that, we are in the clear until ph1.5 gets launched. ph0 will go live probably in Nov 2020. If you look at the roadmap in the link, ph1 will be in 2021 and ph1.5 will almost be in 2021, at least that is the plan from the devs. some of us are still paying off our rigs based on the ROI we went in with... Is there any consensus when people think ph1.5 will come? Do we really think in 2021 or given history think it will slip into 2022? Me personally I think it will be a Q4 2021 thing with a 50/50 chance of slipping into 2022. I am curious what others think. Eth2 roadmap : https://ethereum.org/en/eth2/ |
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With the size of the dag reaching 4gb do people think that say by Nov/Dec we should expect an observed drop in eth diff with the removal of that hash rate?
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Hello fellow miners  Like most of you I mine eth, but know that ph0 of eth 2.0 coming with the eventual eth 2.0 full POS which will bring the end of PoW to eth. Can anyone suggest where the best place is to follow what is happening specially on the eth project? If it following the ANN Eth thread on this forum or do you recommend somewhere different? |
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Hello everyone,
I jumped onto the crypto mining scene back in Sept of 2017. Bought my first 6 x 1070 rig 8 gb, and then went on to buy 4 more rigs of 5 rigs of 4x x rx580 4gb cards. As we all know, the crypto world went upside down between then and now, but I have continued to mine 100% for the entire time.
Now my 4gb cards are coming to an end as eth DAG reaches 4 GB, and eth 2.0 around the corner. When eth 2.0 comes, I am 100% confident we will see HUGE amounts of hash power from GPUs move to other coins (ie RVN,etc) and will make all GPU minable coins not be profitable anymore due to saturation.
If that is true, then what mining options are there outside of asic BTC mining? Well there is always XMR. That coin seems to be very mature, has an excellent roadmap when it comes to being asic resistent as due to the frequent algo changes.
If that is true then maybe rather than buying new GPUs to replace my 4gb cards, perhaps I should invest in ryzen cpus and mobo to and move from GPU mining to CPU mining?
Not too sure. I am ready to make new tech investments to replace by 2017 investment, just not sure where to put my money GPU or CPU.
Thoughts? Ideas?
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Anyone notice that recent XMR diff spike? ASICs? I hope not
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A little while ago there was a bunch of good discussion around small affordable m.2 based fpga's named acorns. I have been trying to google them to see if I can still buy some but cant find them any more. Anyone know what happened to them?
What I liked about the acorns was that they were very affordable (ie. ~$200), were an fpga, and used very little power. I see other FPGAs around $5000 but simply cant afford them. I am a hobby miner.
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Looking to buy Azure accounts with $200 credit on them. I am looking to buy 10 x month and@$5 per account. I will be a regular buyer if your interested
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Looking to buy fresh Azure trial accounts.
Please PM me
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$7 per account
you go first
please PM if interested
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looking to buy Azure Trial accounts
$6USD per account
you need to go first
PM me
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