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It is possible that crypto will be recognized as more than an asset one day but right now developers are still on the verge of bringing in new ideas, so along this journey many things will surely happen, many crypto projects will fail unexpectedly, if all these doesn't happen how will crypto tech gets better?.
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If Shiba goes down the effect will be much more than that of Luna, maybe shytoshi wants to do what Nakamoto did? Anyway I am not going to jump into any final decision right now, I will wait and see how this turns out on the long run.
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Nothing is too big to fail in crypto world, Terra Luna is a big example that the safety of your money isn't guaranteed even if you invest in top altcoins out there, it's the same risk involve with crypto generally including BTC but BTC is just way safer, I have seen people losing 6 figures to Luna and some Defi projects, first of all try to understand what you are going into, many don't know how risky crypto space is, take risks with what you are ready to throw away.
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This is why many people always wait for a good time like BTC halving around the corner before buying graphic cards, when a real bear market strikes all dollars will turn to the penny, if you can take your eye off the dollar value you will be fine, a miner can easily give up when dollar worth isn't good looking anymore.
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I expected Valor not mini Valor, I have seen something like this some time ago where after the real token launched the total amount of mini you get got shrinked by a 1000:1 I hope it won't be the same thing again, teams are trying as much as possible to dodge any possible payment.
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There was a time in 2017 where you can claim free doge coin every minutes or hour through the faucet website but now they are not working again, I guess that's because things have changed a lot, doge coin is no more a cheap coin but I think Shiba Inu is now in where Doge coin was years ago so is there any faucet for Shiba Inu?
That's how they developed the coin, Dogecoin didn't look so good at the beginning, so they forced them to make a strategy to make claims on certain sites, the result is now Dogecoin is much stronger than when it first appeared, but unlike shiba inu, I haven't seen any sites that we can use it for faucets, shiba inu with different dogecoins, but both are able to survive in the market with their respective prices, so the opportunity for shiba inu is very dependent on future developments I believe that Shiba will forever be a big name in crypto industry if they successfully launch the shibarium blockchain which is a layer 2 tech, this will solve many issues like the CEO said, looking forward to the release by June ending, with this strategy it will be bigger than doge coin. |
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There was a time in 2017 where you can claim free doge coin every minutes or hour through the faucet website but now they are not working again, I guess that's because things have changed a lot, doge coin is no more a cheap coin but I think Shiba Inu is now in where Doge coin was years ago so is there any faucet for Shiba Inu?
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Still better than Azbit and P2PB2B but not good if you are looking for a place to keep trading and selling coins, only use hotbit if the coin or token isn't listed on anywhere else, there is a good small exchange called CoinEX, I tho k it's the best of all smaller exchanges out there.
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USDT is still the grand master of stable coins and it's audited too, I dont know why people are worried about other stable coins because of what happened to UST, we can clearly see how incapable the Luna teams are so do not compare UST with others.
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How do you restart your mining rig remotely if you are not at home or at the farm? I am talking about rigs that goes into deep frozen state where you will only need to press the power button for few seconds before working again.
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It's nothing new, the tokens dont have to use bots, months ago I joined a project telegram channel and the dev told every investors to vote up the token on coinmarketcap and add to the watchlist, it's a meme coin and it's a shit token so as to attract many new investors we need to start adding to watchlist.
Yes, I agree with you that tokens don't necessarily have to use bots, because without them we can still monitor tokens, but I don't think it's easy to attract new investors to get involved in memecoin even though we added a watchlist. , It is easy, have you ever invested in a token at an earlier stage? It doesn't have to be a meme token, also there are some investors that go to coinmarketcap to hunt for new tokens and to get attracted to new investors the token must be on the Trending coins and tokens on CMC, the only way that this can happen is using many votes, the voters must be the token investors and supporters, I have seen this happen before. |
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If 500watt is what your solar panel can provide it will be stupid to use 500watt machine on it because
1. Sun isn't going to be stable, there will be fluctuations.
2. You will need to recharge your backup batteries.
A 500W solar setup is for a 250watt load max, if your mining machine is going to use 500watt go with a 1000watt solar setup..
the panel will be 10.000kWat i calculated that i will have about 500w per hour annually that i can spend so i decided to run a miner Ok then go for it. |
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Hello guys
If you had a free 500w /h what crypto will you be mining?
i will install some solar power on my room and i calculate that i will have about 500w /h free and i intent to use these watts for mining
what would be the best option for me?
i am a newbie when comes to mining
is monero or z cash still profitable? would an antminer x3 500w will be a good option for me?
thank you in advance
I think if you’re expecting solar power to run your miners you have a lot to learn. The amount of batteries you would need to keep it going through the night or cloudy days would be so much that it isn’t even worth mentioning that you plan to install solar. It’s nice to have solar to help with long term electricity costs, but it’s really more of a home choice than an addition to a home mining setup. Even if you spend nearly $50K on your solar setup like I did, it would still barely power a small mining setup. for the sake of conversation lets say that i have already install them (i am not going to pay for that , there is a funding program running right now in my country that covers 85% of the cost installing solar panels on your homes aiming to have electric autonomy provided by EU) A single 3070Ti is a perfect fit for your setup, this GPU gives 82MH using 193watt in miner and 230watt from wall. |
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If 500watt is what your solar panel can provide it will be stupid to use 500watt machine on it because
1. Sun isn't going to be stable, there will be fluctuations.
2. You will need to recharge your backup batteries.
A 500W solar setup is for a 250watt load max, if your mining machine is going to use 500watt go with a 1000watt solar setup..
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All NFTs are almost nonsense but that shouldn't stop you from taking advantage, as bad as meme coins are I still invested money on them and I lose money but made much more, we are all here to make money and it shouldn't matter which project the money will come from, where there is hype is where you will make you better money.
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I would mine the Cuckoocylce algorithm aka Aeternity with gtx 1080 if I have one because it's as profitable as mining Ethereum on the GPU right now.
If you are tired of Eth algorithm for your Gtx1080 graphic cards it's better to mine BitcoinZ instead because it's very close to Ethereum profit than Aeternity coin, ETH will net you 0.68$ per day while BitcoinZ will net you 0.60$ per day. |
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Future holding altcoins is risky and should be look at as a form of gambling, who would have thought that a good and promising project like Luna can turned scam in 2022? If you are been told a year ago what will end Luna you would have doubted this outcome, this is how crazy altcoins are so my advice is to stick with Bitcoin today and when or if Bitcoin ever go as low as 16,000$ like some are predicting then that's a good time to start buying altcoins, not just any but the good altcoins.
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Ethereum mining is getting boring to me and merge is officially in August which coins are you miners mining right now?. Apart from Ethereum.
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I don't see any reason for the high demand for the new generation of video cards
There will be very high demand from gamers. Gamers will make up 90% of the GPU market at that point. They will love the doubling of framerate at relatively lower prices. The demand for the old generation will be close to zero, since they will be most useful to miners. Most miners will be liquidating their rigs and very few will be building new rigs, since PoS will have happened. Therefore, I see RTX 3060's costing $200, RX 6800's costing $400 and RTX 3080 Ti cards being available for just $550. Are you sure? 3070 is more than enough for every new games coming out to PC this days, you will be getting over 100 FPS on every titles using one of these cards on PC this days, only very few of PC gamers use GPU like 3090 for gaming, even if one is using 4K monitor a 3070 is more than enough. |
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