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1  Alternate cryptocurrencies / Mining (Altcoins) / Re: Are the Nvidia 3000 Series the BEST GPUs for MINING EVER?! RTX 3070, 3080, 3090 on: November 20, 2020, 10:02:24 AM


seems stable.

2080 and 3080

0,725V 1320 Mhz Core to reduce the overall temperatur.

Waiting for my waterblock to reduce it further.
RAM + 1000 gives >97 MHs ETH, but lowers to 96 by time (and rising temp)

how hot is the memory running if you push it to +1000 mem? Seems kinda high.
2  Alternate cryptocurrencies / Mining (Altcoins) / Re: My first mining rig: Help me choose the components on: July 16, 2017, 12:53:38 AM
Thanks for all the tips!

For those of you who would not invest in a rig now: What would you do with the money in the crypto scene?

Spend your time and energy finding the coins you think have a good dev team AND a good use - a coin needs both to be successful. The set low buy orders for those coins and wait for the market to dip into your buy orders.
3  Bitcoin / Mining speculation / Re: What happens if bitcoin mining becomes subsidized with taxpayer money? on: October 19, 2016, 04:42:38 AM
There are all kinds of subsidies and penalties already in each area of the works wrt the cost of electricity and any tarrifs placed on imported miners.  In any state actors wanted in well that boat has pretty much sailed.
4  Other / Beginners & Help / Re: If everybody stops mining... on: October 01, 2016, 10:04:47 AM
The laptop would meet its death long before it found even one block, not even getting the difficult reset block.

I know there is a 25% stagger for difficulty going up - is there one for going down?
5  Bitcoin / Mining / Re: Mining pool block finding formula on: September 19, 2016, 10:31:23 AM
The question is :
Why some pools with low global
hashrate power find more bitcoin blocks
than other pools with higher hashrate power ?

The answer is just dumb luck.

If you flip a coin 4 times and it lands on tails (3) times do you question it?

https://en.wikipedia.org/wiki/Poisson_distribution
6  Bitcoin / Mining speculation / Re: Bitcoin heating on: September 09, 2016, 10:14:01 AM
Unfortunately, my heat is from a gas furnace but gets pushed throughout the house with a HVAC unit. So, when it gets cold I will open the door to my mining room some hours each day to let the heat flow into other rooms. It won't save me much on electricity, but I'll probably end up using less gas and may not have to run the HVAC fan as much.

I wish there were an easy way to redirect the heat from the miners into my HVAC system, but there isn't and I can't make any structural modifications to the house as I don't own it.
But I may try to corral the heat from my 4 miners and duct it to one of the HVAC air intakes in the mining room and see how that does.

If you seat a couple or rigs in front of the return that should pre-heat the air going to the HVAC and reduce the the delta for the heat exchanger.  You just need to have power cords thick enough to run that length.
7  Bitcoin / Mining speculation / Re: Asking for your advice on: June 20, 2016, 10:28:50 AM
Hello guys!
I'm planning to buy S7 in near future, like an investment of money I'm ready to lose (I understand the risks, increasing difficulty and halving, but nevertheless). Online calculator says 190 days of ROI. My electricity price is 0.06/kWh, so I expect at least $200/month
So, the question is - is it better to wait for halving, will the price of equipment be down after the halving? Can I expect any decrease?
Another question is - how long can (S7) it live? I mean, do I need to be afraid that it can die before ROI?)

Thanks!

Your electricity rate is fine, but the time to enter is not. If you are persistent I would advice you to wait for the halving. A week after the halving the prices for equipment should go down.
Although I don't expect the prices 'to halve' which means either way you end up paying too much...

The difficulty adjustment and price adjustment will lag behind the block reward by at least a week if not a month.  Factoring that in waiting might not be the best case.
8  Bitcoin / Mining speculation / Re: The Chinese Mining Cartel on: June 01, 2016, 06:51:46 AM
If you're given special privileges for industry or tech in the rights zones the KWH can be under 0.01 USD - nothing in the world can compete with that pricing.
9  Bitcoin / Mining speculation / Re: Going Solo Lotto with an old rig on: May 18, 2016, 07:25:43 AM
I think you will fare better if you joined a mining pool like kano.is instead of solo mining...

That only helps people with bad connections to the network but reducing the likelihood of an orphan or something along those lines.  Your chance of hitting a block is about the same as solo mining.
10  Bitcoin / Mining speculation / Re: generate 2 bitcoins per month? on: May 09, 2016, 11:44:55 AM
I would avoid all cloud based solutions simply because it's pretty much gambling on trusting somebody else to keep a long term contract.

At this point in time this close to halving I would just buy the coins every month until the difficulty adjusts or new miners come out.
11  Bitcoin / Mining speculation / Re: How much will I make mining? on: April 25, 2016, 06:45:37 AM
I can't see anything being remotely profitable more than a week or 2 if it's high efficiency.  If you're relying on flipping margin then you're not really mining.
12  Economy / Service Discussion / Re: Cheap electricity for mining Bitcoin on: April 04, 2016, 11:43:32 PM
Though my mine is still very much in it's infancy, I'm glad to be mining in Alberta. It's a deregulated energy market and there is companies willing to provide 250,000Kw/yr at wholesale + $.01CDN or roughly $0.024USD/kWh at present. I've known some people who use decent amounts of power for some horticultural endeavours and they have never had an issue with the power companies (I have read some horror stories from the states with power companies refusing service or demanding exorbitant rates once they find out people are mining etc.)

I will definitely be keeping the community in the loop, my contract isn't down at the $0.024 mark but is damn close, just no reason to swap companies with such a small operation at present. Personally, I hope they come bitching about power factor or something so I have a good excuse to get out of my contract and go cheaper.

The US can be treachourous when it comes to utilities . We've pay nearly 300+ on a bill in the winter.

i remember my highest bills was above 600 euro, nearly 700, but the price per kw/h here is very high, up to a maximum of 25 cent per hour

Are you in California?  I think that state has the worst rates for all of the US. I think somebody in San Diego said they were paying 0.32 or something.
13  Bitcoin / Mining speculation / Re: if you have free electricity and 10k on: March 17, 2016, 08:15:57 PM
At this point even with free electricity is seems the only people making money off of mining (other than the large farms) are the hardware manufacturers and the shipping companies themselves.  UPS/DHL/FedEx probably made more profit so far this year from miners than the actual miners have lol.
14  Bitcoin / Mining speculation / Re: What are miners doing with their profits? on: March 05, 2016, 09:39:27 AM
My BTC profits go to cover the losses I made "investing" in scam altcoins.  I'm attempting to achieve coin equilibrium.
15  Bitcoin / Mining / Re: BitFury has the No. 1 Crown for Now... on: February 12, 2016, 08:45:04 AM
Any new S7 batches comming out at this time look like they will have n uphill fight chasing ROI.
16  Bitcoin / Mining speculation / Re: Turn off S7's during peak hours? Special deal from power company... on: January 25, 2016, 10:23:41 AM
Agree with what was said above - no point in mining at a loss other than to support the network (which you could better support if you weren't running negative).

Also agree not to power off miners entirely - keep them unplugged from the network so they don't have work and then reconnect when ready.
17  Bitcoin / Mining / Re: The cost of electricity in the world on: January 16, 2016, 07:22:42 AM
I didn't calculate the precise cost (totally ROI I mean) becaus there was some "problems" in my way, like, I burn one air conditioner then I was stopped for some personal problems for 1 entire month and other month to do the "freezing system"... w/o it it's impossible.

Maybe I'm losing money, but I'm winning BTC. It's fair/good to me.

Hehe, it looks like the "farmer" is able to kick the techie's butts when it comes to mining with his .02 KWH rate Tongue Hell, you can brew your own beer too lol Tongue
18  Bitcoin / Mining / Re: New Chip Cements BitFury as Industry Leader in Energy Efficiency on: December 26, 2015, 09:31:48 AM
By the time it's integrated into a end-user device we'll be looking at Q2.  We have to wait this out for more info.
19  Bitcoin / Bitcoin Technical Support / Re: 5 confirmations in 16 minutes ? on: November 21, 2015, 10:41:29 PM
Just a string of luck for those picking up blocks.  It's like the number of customers walking into a store.  During a few minutes it may be dead and 10 minutes later people may be pouring in.
20  Bitcoin / Mining speculation / Re: Halving is coming next year, is it time to invest in more miners? on: November 11, 2015, 09:29:05 PM
Irrespective of what happens to the price, the amount of bitcoin earned per block will be cut almost exactly in half (since fees are variable).  The value of the coin may change compared to fiat but unless your operating costs get cut many will have to bow out.
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