Mining have to become a part of you to really really embrace the whole idea because it's fun for real fans and when bear market takes over it still won't make many difference to real mining fans, they will keep mining and hold their coins till the good time to sell, to me there is not much difference between mining and investing
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We all know that it was a very popular forum back in 2017-2018.
after that, every altcoin announcement and project was like a total scam, Every new member became a copper member for management of a project. I mean why isn't there any rules for this? Every day there is so many coins launched in the market but they didn't even know about this forum.
Bitcoin and Satoshi's journey started through bitcointalk, I believe that's why this forum is so popular and that's why developers find their way up here to create Announcement about their new projects, any project that failed to create ANN about their project on this forum can't be 100% trusted, although not all of them are scam but make sure you do research first
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Honestly DeFi should be the safest and hack proof but unfortunately they are worse than even centralized projects and platforms, anyways investors aren't blind I believe, if they want DeFi they should go get them, I am not ready to risk money on DeFi projects and not be able to sleep at night
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It's why nigeria failed as a country, every single thing that can make the country to grow is been denied, the only supporter they have was denied power in last presidency election, the man is the only one that really talks about crypto is a very good way, and he even encourage youths to venture into the technology, I'm guessing is name is Atiku Abubakar
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Use the pool as you would use any other pools mate, it's not hard to set up and if Minerstat shows that it's the most profitable then it's is because the calculator is very accurate, mind you the result might change the next day, but yes this pool is better than nicehash in result
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The problem stays with the slot(s)....
No it's not the slot...... OP download GPU-Z on your PC to detect the type of memory that those GPUs are using, this is the only way we can tell you the right settings for each, also download Msi Afterburner, Open Msi Afterburner and downclock just like what you see in the image below Power limit = 65% Core Clock = -502 Memory Clock = -502 Fan speed = 57 This will drastically give you 30MH to 31MH per second on the graphic cards Make sure your RAM is up to 4 gig size
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If thats rules really applied, its must be do on valuable project only (maybe SOVRYN promising enough, im not really sure). Its will really hurt if theres rules like that but turn that the project was a shit valueless coin.
That's true but bounty hunters gotta take the risk if they feel satisfied enough, I heard they raise some money successfully through a presale part or something, anyways this doesn't still determines if the project will be successful or not, the rules are just too strict for my liking
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Nigerian government didn't put this ban only their central banks asking all the financial institutions to stop their services to crypto exchanges but people can still hold and buy bitcoin using peer to peer platforms and on decentralized exchanges. This is what happened in India as well but people mislead the banking ban as complete ban and create chaos in the market for a while.
Precisely. Thank you for explaining the full picture here. When people share only half a story (eg "Nigeria Bans Crypto") that creates real FUD. Like we say for investing.. please DYOR before making broad claims about a country's crypto policies It would makes sense if the FUD works a little bit, finding a good spot to enter bitcoin right now , don't blame me I'm just been honest is all, nigeria is one of the biggest country that's adopting crypto today, if this FUD works price can shake a little but nigeria is full of strong fellas, I don't think it will affect price
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yep works fine i have x58 with i7 920 still working with no issue but i cant install 5gpu, it doesnt boot with 5, but with 4 gpus no problem.
It should work with 5 gpu if 5 pcie slots are available, I have a core i7 920 too but with asus motherboard and it has five pcie slots, I was able to run 5 RX580 8gb with 1200watt power supply on the motherboard, I suggest you upgrade the BIOS to the lastest
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Invest in DeFI, Or literally any good project. You'll never make your 6K back in time if you're just starting now. GPU, PSU, and other Hardware prices are through the roof. During Bullmarkets you DO NOT BUILD mining rigs. You buy the coin which will make you'll more money in a month than a mining rig will paying itself back. That's my personal opinion. I'm a big miner, but I started during the first bullmarket in 2017 and never stopped even during the bear market of 2018-20.
With ETH finally getting Phase 0 and moving to phase 1.5 in 2021/22 Personally the mining game's over now. On top of that ASIC on ETH that are insanely powerful are coming online this year.
Here we are again, people are packing 40 pieces of graphic cards right in front of me in a store to mine Ethereum and you are here saying you can't make your ROI back? It only takes 4 month to get ROI back on a single gtx1660 super today, since you said you build your rig in 2017? Good, my question is did you make back your ROI or NoT? Here we are again. People thinking of buying over-inflated priced GPUs like the 1660s when ETH POS was initially launched last year with a full move away from PoW thinking they'll make all their money back GPU-mining. I'm going to put this super easy. $400, 1660 SUPER(MSRP was 230~)( plus you can't even buy these anymore there not in production). Will make about $1 - $1.50~ a day(accounting for a full system setup at 200w with a single 1660s@30mh/s, 2.5 ETH BR). That's a 400 day ROI. We're in a Bullmarket, Bull markets don't last. This is the third Crypto bull market I've been in. If you/he puts that in a good project he'll easily make $100-200 in just a couple of months. Did I ROI? Yes, and well beyond it now. However, As I said I mined during the bear market and suffered a lot of set-backs and pain. The Black-swan flash crash of 2018 and then in 2020 basically wiped me TWICE. In 2020 I just about gave up on everything but I worked at my normal job and held, kept mining. Last year I purchase 588's for around $65 a piece on Auction from liquated mining farms. So my question WHAT ARE YOU going to do when your mining AT A LOSS because a 'flash-crash' or markets tanks for sometimes months on end? I saw it at the end of 2018. I'll probably see it again at the end of 2021. Gtx 1660 super has 6gb VRAM, before that 6gb VRAM runs out it will take 3 to 4 years, you are bewitched if you failed to get your ROI back in this period of time even if you can only get 0.80$ from gtx1660 super mining 24 hours a day, what about those asics that are only given access to 4.5gb memory?? Before that time comes you should have get 2x your ROI or even 3x, do some math
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Invest in DeFI, Or literally any good project. You'll never make your 6K back in time if you're just starting now. GPU, PSU, and other Hardware prices are through the roof. During Bullmarkets you DO NOT BUILD mining rigs. You buy the coin which will make you'll more money in a month than a mining rig will paying itself back. That's my personal opinion. I'm a big miner, but I started during the first bullmarket in 2017 and never stopped even during the bear market of 2018-20.
With ETH finally getting Phase 0 and moving to phase 1.5 in 2021/22 Personally the mining game's over now. On top of that ASIC on ETH that are insanely powerful are coming online this year.
I regretted not building a good mining rig in 2017 even after bear market started, I knew someone who build is at the time and he kept gathering the Ethereum in his wallet, today he is a big boss in mining and he owns many more rigs now, the fact is continue mining even in bear season because no season lasts forever
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It boost my hashrate, the P0 state don't work on all nvidia cards like I heard of, it thus brings balance to my hashrate on windows 10 mining with gtx1660 Ti and super, before I always lost 4Mh when mining and I thought it's the windows OS interference but after playing around I decided to give the P0 state a try inside nicehash, it brings stability
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Yesterday XRP was 0.7 $ and now about 0.36 $, and 1 thing you should be aware is XRP devs HOLD most of coins in their hands, When you have most of the coins in the community you can easily Control the market, That how they play dirty game.
Either manipulation or not XRP is just like every other crypto projects out there minus only bitcoin, every other coins can be manipulated of cos, that's no issue for me, that might not even be the case, maybe some not so strong holders sees the 0.7$ price as a opportunity to opt out? Before the airdrop for XRP holders some bought at 0.4$ to 0.6$ just to get the free tokens, not all are able to sell before the SEC announcement so going back to 0.7$ is another opportunity to opt out
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All thanks go to bitcoin if not Ethereum won't be trading at 1500$ now, who else would drive the bull market if not bitcoin? Today Bitcoin hits 36,800$, it shows that Bitcoin isn't done with bull season yet and it can even drive Ethereum price up to 2000$, so yes that's my answer, bitcoin still leads the bull market not Ethereum
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First time ever i did staking 3000 AME in Bithumb Global staking season 4 with 300% annual returns, i stacked for 60 days period. Actually when i seen my token price was too much lower from my expected price. I know a few potential projects giving good profit as like as BNB coin is my favorite, it’s really very strong project in the market.
I hope you make the right decision here mate, amepay have lose its value and dump since many days now and this staking thing is annual ROI, what makes you think that the value will still remain the same? It's why top altcoins are only reliable for staking
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Of cos the first experience is always not easy, I had to grab a big note with a pen to write down the perfect tweaking through msi afterburner here and there lolz, but once you get through the hard times setting up a mining rig will never be hard for you again
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There are things to look out for here, if you have low power supply like 500 watts it's better to set up two rigs because this power supply can't power up to 6 GPUs, it's better to divide the GPUs on two motherboards, four here and there, also it's less stress work for two motherboards than one motherboard unless the motherboard you are using is made for mining purposes only
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Is there any way to mode my power supply? I have four graphics card that requires 8pin to work but my power supply have 2x 6pin and 2x 8pin, any way to mode this and make it work?
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I'm also planning to build a 6x gpu next week, I've already order some gpu but I have a hard time choosing between gtx1660 super and rx5500xt, they are both very good for mining but rx5500xt have a upper hand because it's 8gb supported, gtx1660 super has 6gb
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Getting 27mhs out of the box is good enough, you can consider flashing bios to get 30-32mh per second, it's not that hard to flash bios for rx580, just use google engine to search for a modded bios, make sure it's same with your gpu brand
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