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Search for chia calculator online mate you will see the result yourself but mind you pool mining isn't available yet so it will be extremely hard to solve a block by yourself unless you have 250TB farming for you on solo
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Yes we have too many smart contract projects in crypto space and they still keep popping up, ETH is the first of its kind that's why it will remain the best, having new features or utility in smart contract can't beat old projects unless the old projects failed, there is something about oldy in crypto space if not BTC and ETH won't still be the 1st and 2nd on coinmarketcap today when many new coins have better features than them.
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With the rise of Doge Coin, there have been countless MEME coins launch on different platform.
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?
Believe it or not they are all pump and dump coins, you can take risks but be very smart to take profits, yes its possible to make gains out of them because many want to make money from doge coin but lose the opportunity so any other dogecoin wannabe will tempt them, remember they are all pump and dump projects |
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If you aren't ready to lose it all do not invest in meme coins, look around you opportunities from safemoon and shiba inu won't be around forever intact it's no more right now because we don't need this type of coins in crypto space, they have no real use cases that can help the world
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Yield farming investment is high risk compare to investing money on top altcoins so you must go with safest options as possible, go with projects that are well known and have insane amount of liquidity and volumes, also make sure the project is available on top exchanges like binance
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This is 💯 prediction, the reason why BNB made it this far is because ETH fumbled due to high gas fee, BNB did so good because of BSC existence but mind you if ETH fixed gas fee by July things might no go as you all wish
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You can buy used GPU. It will be about 300MH for $4000 if you are lucky. Today it can bring you about $20 without electricity bill. I cann`t calculate correct because it depends on GPU model, but i think it will be about 1KWt.
So calculate it by yourself. And you have to test GPU yet or pay to specialist that can test it. And construct and configure rig.
I cannot say that this is passive income.
Seriously? Can you please tell me where you can get used RTX GPUs because I don't see one available on any online stores, I bet they aren't available anymore because the demands on GPU is pretty high still, some are even buying Laptops to mine right now |
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800 watts for 2x 3080 and 2x 3070s??? Bro that's too small to handle those four GPU, that's exactly where the problem is coming from, since you like overclocking the GPU will draw more power, forget what your software are showing you, to get the accurate power draw you need Kill-a- watt matter
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Ah ok awesome. GPUs are so hard to find nowadays for a reasonable price!!
ETH mining profit is still a bit better now so yes there is still demand for GPU until the whole crypto market collapse you won't be able to buy GPU at cheaper price, I'm waiting on this as well probably till 2022 |
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Most projects on BSC are yield farming active and staking features projects and the lists are more than what OP gives us but who cares? It's not as if all the projects are reliable or something, remember how many projects got hacked on BSC already? That's scary movie honestly 😅
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It's not over yet, the reason why ETH gas fee is lower now is because of huge drop in price, that's a bit over 50% from ATH if you ask me so assuming crypto starts recovering for the better right now the Gas fee will increase again
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As if there is an end to electricity, if you take this seriously then you don't know anything about electricity, it's something we used everyday of our lives generally it's something we can't do without so how is this not even environment friendly? Is BTC mining releasing some kind of unhealthy carbon or air when mining is ongoing? Fuck Elon Musk for saying such FUD about BTC
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The last ATH of BTC was 19k and this year things changed drastically, for the first time ever BTC reached 60k so yes many newbies will be lured one way or the other thinking that Bull season is here to stay but I trust crypto market for one thing, that's be bear season, when this happens the market will go way down as big is it's surge in this bull season, I'm already satisfied with what I got this year so now I'm waiting for bear season to do the packing all over again
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Anything can fail mate but binance is just well prepared for that, they have some collateral in place so even if their exchange face the most intense collapse they will stand up on their feets again, binance exchange is blessed with teams that are so into crypto and want to make crypto works for the whole world
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Eth PoW isn't going anywhere, if the rumours are true giant company like bitmain won't build ASIC miners anymore and now we have new E9 ETH ASIC miner that's more futuristic, why eip1559 if this is true? Think deeply about it
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I think mining is considered passive income. Unless you got some mega farm where you need to monitor 24 hours a day then the original setup might take a few days weeks to sort out but as long as your rigs aren't crashing, you are pretty much doing nothing to make that money.
Once in a while you might need to reboot some rigs or change some part like a riser or PSU. However you are pretty much making money in your sleep. This is passive income. Sure its possible it might not be profitable in the future, but you just turn off your rigs and wait. If it doesn't improve just sell all your gear and move on to something else.
Very good explanation indeed, I would like to add a fact that even if mining isn't profitable anymore you can still keep mining if you are still able to pay for the electricity bills or you are running on green energy, those who never stopped mining in 2018 bear market makes lot of money in 2021 because they hodl their ETH |
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The craziest part is the promoters have to wait for 2 and half years before they can pay....
Are you kidding me ??  two and half fucking years before they get their reward for promoting the project?? this is so insane, but then, the hunters shouldnt just sit and watch or accept such mistreatment, if they co operate together, they can shut that project down and force the the owners to pay them their reward, this is the height of this nonsense and its got to stop , if the team are so scared of dump, why did they launch bounty in the first place? this is a problem with very simple solution, they should have just opted to distribute the tokens in group, for example, a group of ten or twenty people receive their reward this week, the next group of ten or twenty receive their reward the following week, like this until everyone gets paid . seizing the reward for 2 years is absolutely inappropriate. Yea too damn crazy, before two years and half gets here I'm sure the token would have dumped alot, not every projects team will have good conscience you know, even projects that have just 100,000$ volume still paid bounty hunters as promised like STOBOX for example Stobox is a legit project and it doesn't even feel worry to pay the hunters. The price is quite stable and it looks like the developers don't wanna spend their money to pay the hunters lol I do believe poolz coin will be dead in the next years even this time it has a very good development progress. So many developers were always doing this shit. I don't quit understand you, I promoted stobox bounty campaign and I get paid as promised, maybe I misunderstood you here? One can easily detect if a project is good through bounty campaigns, DIA paid huge amount of money to their promoters and also Cartesi too because they plan to stay alive for a long time without bad reputations, poolz clearly don't care about any rep |
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Hmm, it sounds like I'm hearing this for the first time but it's true, anyways I never like mining on windows OS for few reasons and as per hashrate issue mining on Linux OS works better and also we have hive OS and other mining OS now so I don't need windows OS, it's too buggy
To buggy for you. Please don't always generalize windows 10, if good guided people use windows, then there is no difference between windows and linux, but windows is user friendly, because most people can handle it. Windows runs for month without restart or problems, same on linux. I need 5minutes to setup a new windows rig and i need 5minutes to setup a new linux rig Windows forced updates ruins anything good about windows for miners. Plus the TOS for Windows makes it a no go for me. Sledgehammer is a utility that will disable Windows updates. I have it installed on W10 mining rigs. What is a sledgehammer? Is there any link or source that talks more about the sledgehammer? I hated windows 10 because of its updates, unnecessary data consumptions and others, believe me I've tried all I can to stop updates but it still happens |
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There are some DeFi projects with impossible yield farming and earnings, this percentage are too high to be true, you can never see such on proof of stake coins yet there are many people investing in such DeFi projects, they won't last long and they will surely exit scam
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