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Alternate cryptocurrencies / Mining (Altcoins) / Re: Advice to new crypto miners
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on: January 28, 2022, 02:06:19 PM
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Considering in 6 months ETH will be unmineable and the rest of the coins will remain extremelly unprofitable due to difficulty, you have to be really dumb to start mining at this point.
You will probably not even be able to ROI your equipment in 6 months, and more than likely you will have to sell it at half the price you paid for it if you need the money.
NEW MINERS are the NEW MORONS.....
What difficulty you talking about? In 6 months time mining will be less profitable and many miners will shut down their rigs or you don't believe we will be in bear market at the time? Here is the catch you can mine more coins in bear market than bull market, for example if your hashrate is getting you 1000 ravencoin per month now you would make 3000 per month in bear market due to less difficulty, many won't be able to pay for electricity costs anymore |
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4
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Alternate cryptocurrencies / Mining (Altcoins) / Re: What should I do now
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on: January 27, 2022, 11:38:13 AM
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Your electricity bill holds the answer to your question, secondly do you mind keep mining even if mining isn't that profitable anymore? I've met people who mined at loss by mining in bear market and hold for long term, they made all their losses back with even more profits they could never make in bull market through mining
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5
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Alternate cryptocurrencies / Mining (Altcoins) / Chia plotting
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on: January 26, 2022, 12:32:26 PM
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Anyone still plotting chia coin here? I want to know if the Samsung 980 pro is good for plotting chia or not I'm trying to help a friend out with this build or i could just use normal drive for plotting?
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7
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Alternate cryptocurrencies / Mining (Altcoins) / Re: These brands good too?
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on: January 25, 2022, 11:27:45 AM
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Palit and gainward are good cards. it also depends on models like asus expedition models they are bad but strix good. msi armors not so good on cooling but gamingx is good it all depends what model you are buying.
Palit dual not so good but jetstreams gamerock are good.
Worst card is inno3d all of them.
No wonder, I have a 3070ti from MSI which is the gaming X trio version this card does 61mh on Ethereum and the cooling is awesome, getting 54°C temp and 78°C on mem temp while others are showing 80+°C on vram temp |
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8
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoins worth investing at dip
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on: January 24, 2022, 04:41:56 PM
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It seems many of you believe that bull market is still here to stay? I'm thinking otherwise fellas I think we will keep seeing dips from now on, I'm looking forward to grab some avalanche and Polkadot at a very cheap price probably when 70% of their value is gone these coins will do wonders by 2025
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9
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Alternate cryptocurrencies / Mining (Altcoins) / Re: My new portfolio for 2025
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on: January 24, 2022, 04:34:19 PM
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I'm not holding any old crypto project for the future, I remember when Avalanche and Polkadot came into crypto space I knew instantly how big they would get, Imagine buying these coins in 2020 at their value back then you would have made insane amount of profits in 2021, this is the way find good projects and hold before they surge
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10
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Alternate cryptocurrencies / Mining (Altcoins) / Re: Who would?
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on: January 24, 2022, 04:25:17 PM
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Yes I can buy 3 gtx1080ti for 500$ each because they are still good cards for mining it's just that it's now getting too late to mine now because mining isn't as profitable as it is before, it looks like we heading into bearish season so it's possible that those 1080ti can go lower in price as time goes on..
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11
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Alternate cryptocurrencies / Mining (Altcoins) / Who bought theirs at 100$ ?
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on: January 21, 2022, 08:05:27 AM
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It looks like bears are gaining power every week, if this isn't a sign of heavy beat market I don't know what it will be, lucky are those who are very close to their ROI like myself but can't wait to start buying Rx580 at 100$ again, think it's impossible?
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12
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Economy / Economics / Re: Advice for the season.
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on: January 21, 2022, 07:55:01 AM
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This topic should be locked down already since season celebration is over, now we should move on and work hard for better future results, for those saying that they don't want to feel among well Xmas is only once in a year remember we are humans and we can die at any time, those things you are keeping so close to you can immediately becomes someone's else property.
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17
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Shiba Inu Coin a better investment than Dogecoin?
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on: January 18, 2022, 06:10:03 AM
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Shiba Inu is one of the best coins already traded on several exchanges. Even coins with a lot attract investors. It seems that both are long term coins as they already have a very serious and strong development team. I can't say Shiba Inu is better or worse than Dogecoin. In terms of long term investment, Dogecoin is more better than Shiba Inu investment because the year I tried Shiba Inu on long term investment I nearly lost all my income until I changed my strategy to start short term investment that later help me to recover all my reward. Many altcoins investors prefer to invest with Dogecoin investment base on what they have heard from other investors that showed their results they got from their short and long term investment. When others altcoin was decreasing during the month of December where was giving Dogecoin massive pumping during the process many people were looking for where to make a good profit from their business. No no no this isn't a point mate, you buy shiba inu at a wrong time that's why you keep losing your money, maybe you FOMO when everyone are already in profits and ready to start taking profits? The fact is this can happen to any you in any coin too, timing is very important in crypto investment |
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18
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Alternate cryptocurrencies / Speculation (Altcoins) / What do you think that 2022 will look like?
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on: January 18, 2022, 05:55:39 AM
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What is your market expectations this 2022? Here is what I believe will happen, we will see more dips than price surge this year and that will happen because we have many more crypto believers now, if we are in 2019 now we would have been in a heavy bear market already, as time goes on there will also be more sell than buying and bears will get their powers back
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20
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Alternate cryptocurrencies / Mining (Altcoins) / Re: Worry about what temp is safe?
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on: January 17, 2022, 07:39:55 AM
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One of my AMD smoked on me and I found out it's high temp, it's been long since I monitor my rig since it's running very well for weeks with no problem, after changing the mosfet that went up in flame the GPU started working again that was how I knew that the GPU was running on high temp and I had to change thermal paste and the pads
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