BzMiner v14.2.1-- What's in this release (v14.2.1) Improved Ironfish hashrate Improved dual Octa + Ironfish hashrate Added show_pending option to see shares that were found but have not received a response from the pool Fixed dual +Ironfish percentages Fixed rejected shares on ethstratum protocol for ethw, etc, and octa NOTE: Currently the improved Ironfish hashrate is not supported while solo mining. This will be addressed in an upcoming update https://github.com/bzminer/bzminer/releases/tag/v14.2.1Check all links with first post from the developer
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Mainnet hasn't been launched yet 💪🏻 Thousands of miners have already gone fishing https://miningpoolstats.stream/ironfishI look at this and I have no desire to reconfigure my mining farms, but will you mine this coin? According to statistics, disappointment will come in a few days.
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In Sweden, taxes will increase more. $0.0006 was a miner's paradise Energy prices started to normalize in 2023, but the upcoming tax will likely stop any new investment in Sweden, which is currently home to about 150 megawatts (MW) of mining. The tax will increase from SEK 0.006 ($0.0006) to SEK 0.36 ($0.035) per kilowatt hour (kWh) starting July of this year, according to the financial budget published in November 2022.
Based on the average electricity prices last year, the tax hike could bring the all-in energy cost to $0.093/kWh, said Jaran Mellerud, senior analyst at mining services firm Luxor Technologies. A MicroBT Whatsminer M30s, a moderately efficient and commonly used machine, would be at break-even point given current market conditions, he said.https://getblock.net/en/news/sweden-will-raise-the-electricity-tariff-for-miners-58-times/
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considering that with only $300 you do little or nothing in the first few months, he should still pay the first bills, trying the lottery would be suicide, he could pay bills for months before seeing (if he's ever lucky enough) any results. there are small BTC miners from 4/500 dollars, they are efficient but obviously they don't make you a fortune, the ROI is very long but a bullrun could shorten the time.
or you could consider an apollo V1 or similar.convert what you mini to BTC and its the same
There are no effective $300 BTC miners right now. Even if the electricity is free, for this price you can buy 2 old C9 or S9 ASICs, which will bring little profit and can break down without even recouping the investment. With 300 dollars you can only invest in altcoin mining.
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I don't know if this is good or bad. I mean, it can be both. Russia has quite a few advantages over USA for instaance. They have land area, they have huge cold area, they have good realtions with China which is the manufacturer of one of the most common miners (Bitmain), they have quite a few sources of energy. So this seems to me quite a few pros to the country to invest more in mining. Ig they can't export the energy they produce, they can use it to mine. They don't even have to bitch or "negociate" with western countries to "please buy our energy so that we can keep funding this war"!!!
On the other hand, it may be good as a way of taking away the monopoly of the USA in mining! A bit more decentralised!
Cheap electricity in Russia is only in a few regions of Siberia, but the problem is that the infrastructure for mining is not developed. This business is developed by old enthusiasts. It's good that this business is not taxed, or the miners have a chance to pay the minimum tax, because there are no control possibilities.
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Chipmaking heavyweight Intel (INTC) is ending production of its bitcoin mining chip series, the company said in a statement to CoinDesk on Tuesday. "As we prioritize our investments in IDM 2.0, we have end-of-lifed the Intel Blockscale 1000 Series ASIC [application specific integrated circuit] while we continue to support our Blockscale customers," an Intel spokesperson said. The news was first reported by Tom's Hardware. https://www.tomshardware.com/news/intel-discontinues-bitcoin-mining-blockscale-chips-no-future-gens-announcedNo orders will be taken after Oct. 20 and the last product will be shipped no later than April 20, 2024, according to a document on Intel's website. The company announced its foray into bitcoin mining about a year ago, with its first customers for the chips, dubbed Blocksale, being Argo Blockchain (ARBK), Block (SQ), Griid Infrastructure and Hive Blockchain (HIVE). https://www.coindesk.com/tech/2023/04/18/intel-discontinues-bitcoin-mining-chip-series/
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How do you feel about the 4070 and its ROI? Is it worth picking up for a home miner? I’ve still got those 2 1080s I bought from you Phillip and could probably use an upgrade but I’m worried with the state of GPU mining it isn’t worth it. Would be interested in your opinion. It is nice that GPUs are once again available for MSRP.
I'm not philipma1957 but the important point is how much do you pay for electricity and what country do you live in. At 6 cents per kilowatt, you don't make 50 cents a day. But if you have GTX1080 video cards, then you probably have no problems with electricity.
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Then other scammers will use this opportunity to send you money and cancel the payment. No need to make large payments and check amounts. If you have 30 days to get your money back, your payment will be worthless until 30 days have passed. Your partner will not provide services to you and will not exchange coins until you can return the payment.
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Rigel 1.4.1Add ZIL countdown display in TUI and console reports - experimental feature (enable with --zil-countdown) (IronFish) Improve compatibility with mining pools - flexpool, herominers, kryptex https://github.com/rigelminer/rigel/releases/tag/1.4.1Check all links with this post from the developer.
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The calculator shows a small profit on octopus. It's bad that Founders Edition does not have an 8-pin power connector. No one will scare old miners with low profit How close you have such powerful video cards installed. I wouldn't do that.
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The mexc exchange has a large trading volume https://www.mexc.com/ru-RU/exchange/NEXA_USDT?It's even better for the coin and we can mine more coins until there are additions to the major exchanges and miners start buying new 4000 series graphics cards for mining. The hash rate for 4000 series jumps a lot for Nexa. 3080 = 109 MH/S for NexaPow 4080 = 175 MH/S for Nexapow Because the Nexapow algorithm loves graphics cards with powerful cores. Even the RTX 4070 outperforms the RTX 3080. And as a coincidence, all popular mining coins require a powerful GPU core, so 2-3 series are very far behind in mining. Of course, in the past, most of the video cards were mining ethereum, which does not need a more powerful GPU core.
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This way miners will avoid the KAWPOW algorithm. On new video cards, this algorithm is not very profitable and consumes a lot of energy. The old video cards VEGA 64 and VEGA 56 perform quite well here at 30Mh/s, although the 4090 shows 65 Mh/s. And the 6600 XT is one of the most economical cards based on this algorithm.
Nexa draws less than ETHASH so I kind of like it. Also, making a profit now. Hope it lasts. Profit on weak video cards changes quickly, so it is better to mine the most profitable coin and receive rewards in bitcoins. Then you can exchange bitcoin for whatever you want to store.But it is better not to use algorithms for ASICs on video cards.Although ASIC manufacturers will be interested in these coins.
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New tests added https://hashrate.no/gpus/4070In Russia, such a video card MSI GeForce RTX 4070 VENTUS 2X OC 12G costs 850 dollars, and I don’t like this cooling according to the models. The PALIT GeForce RTX 4070 DUAL 12G graphics card is $35 off. While there is no choice and the price is expensive.
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Внес изменения, для раздач на форуме решение отличное. С России сообщество bitcointalk использует впн, и статистика неточная.
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If you look at wholesale prices in the Irkutsk region, they are at least 2 times cheaper. There is a lot of old mining equipment in Russia, but when you buy it very cheaply in China and pay 3 cents for electricity and still do not pay taxes, then the miners make good money. The law on mining has not yet been adopted.
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I know huge capital is required to meet up huge financial expectations, what's the minimum volume of income one can use to start mining? In a situations where you trade with different strategies and still hits wrong targets, if you apply or use same trading knowledge for mining won't one still loss in mining too? Because I don't have enough money with me, so am trying to cut losses if mining too will not favor me I will decided to venture into mining too again.
Can I start mining with $300 and grow from there?
Mining is not the fastest and easiest way to make money. You have cheap electricity. If you are paying more than 6 cents, then you don't need to be mining right now. To gain experience, you can buy a small mining farm on 4x Rx470 video cards, but this is only for training.And you need to have at least a little experience with components.
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