In your opinion, which altcoin do you think is going to be the new king of POW

[dimonstration]

I keep checking my classifieds and I am seeing 2 types of listings.

First is someone saying they will buy any and all mining GPUs. Saying why sell 1 by 1 when you can sell everything to them. They mentioned that they won’t pay inflated prices. Most likely buy GPUs at half price and flip on ebay?

Second is someone selling a GPU and every ad it mentions “never mined with”. So you know it was mined with.

Even if it was mined with there is no problem if the card has been taken good care by a good knowledgeable miner.I plan on starting operation soon of my rigs,well not that soon,in 1 January where we will have the 5x energy price removed by then.I even think to build a new rig now because I can buy a used one for 800-1000 EUR for like 200-250 Mhsh rig and I will not care mining at a loss because I know the bull run will come sooner rather than later despite no one expecting it nowadays.

But how can you verify the actual condition of the GPU if you are just buying it online since most of the seller on item like this is from different country. Unless you can do meetup then it’s very hard to assure the condition of the mining rig without looking on it in actual performance. Buying this kind of rig even in salvage value is very risky because there’s a lot of scammer online that might sell you rig with hidden defects and just use this Ethereum merger hype as reason to sell his GPU.

[Crypt0Gore]

With the way things are going I will be investing on BTC asic miners in future, I think I am done with pow altcoins that may decide to switch algorithms any time they feel like, only BTC, Dogecoin and LTC will forever be a pow coin, others cant be trusted now that regulation is getting more serious.

[swogerino]

I keep checking my classifieds and I am seeing 2 types of listings.

First is someone saying they will buy any and all mining GPUs. Saying why sell 1 by 1 when you can sell everything to them. They mentioned that they won’t pay inflated prices. Most likely buy GPUs at half price and flip on ebay?

Second is someone selling a GPU and every ad it mentions “never mined with”. So you know it was mined with.

Even if it was mined with there is no problem if the card has been taken good care by a good knowledgeable miner.I plan on starting operation soon of my rigs,well not that soon,in 1 January where we will have the 5x energy price removed by then.I even think to build a new rig now because I can buy a used one for 800-1000 EUR for like 200-250 Mhsh rig and I will not care mining at a loss because I know the bull run will come sooner rather than later despite no one expecting it nowadays.

But how can you verify the actual condition of the GPU if you are just buying it online since most of the seller on item like this is from different country. Unless you can do meetup then it’s very hard to assure the condition of the mining rig without looking on it in actual performance. Buying this kind of rig even in salvage value is very risky because there’s a lot of scammer online that might sell you rig with hidden defects and just use this Ethereum merger hype as reason to sell his GPU.

Online this risk is real but I don't buy a GPU complete mining rig online,there are enough in my country who want to liquidate their rigs after the Ethereum merge.I go to my local marketplaces and see ads there and I do a physical condition check together with a 2 to 4 hour test of the mining rig,how stable it is,if it runs well for 2 hours to 4 hours most likely it will continue to do so.

Nowadays I have seen ads who are still high in price as they may have not realized yet that their rig for example with 5 x Rtx 3070 who they want to sell for 5500 EUR is only worth now about 1500 EUR at an optimistic price.

[FP91G]

I keep checking my classifieds and I am seeing 2 types of listings.

First is someone saying they will buy any and all mining GPUs. Saying why sell 1 by 1 when you can sell everything to them. They mentioned that they won’t pay inflated prices. Most likely buy GPUs at half price and flip on ebay?

Second is someone selling a GPU and every ad it mentions “never mined with”. So you know it was mined with.

Even if it was mined with there is no problem if the card has been taken good care by a good knowledgeable miner.I plan on starting operation soon of my rigs,well not that soon,in 1 January where we will have the 5x energy price removed by then.I even think to build a new rig now because I can buy a used one for 800-1000 EUR for like 200-250 Mhsh rig and I will not care mining at a loss because I know the bull run will come sooner rather than later despite no one expecting it nowadays.

But how can you verify the actual condition of the GPU if you are just buying it online since most of the seller on item like this is from different country. Unless you can do meetup then it’s very hard to assure the condition of the mining rig without looking on it in actual performance. Buying this kind of rig even in salvage value is very risky because there’s a lot of scammer online that might sell you rig with hidden defects and just use this Ethereum merger hype as reason to sell his GPU.

It is better to buy one or two video cards from sellers with good reviews, so as not to buy many video cards with defects. Now the markets for PC components are full of offers in all countries, because mining is unprofitable.
There used to be ethereum, but so far I don't see a replacement for this coin.

[aliitp2]

Wait a minute ! y would it be tough even in a bull market !? i was planning to save my cards for the next bull run ! r u saying its essentially GAME OVER for all PoW miners with power cost of 0.1$ kwh ?!...

Even if the price is 0.05, then this is also a GAME OVER.
Selling video cards for a good price is very difficult now, so it's better to hold on to them. But if you have already paid off your investment, then you should not worry too much about it. As long as the bear market, the price of graphics cards will be low.

i was asking for the next bull run will it still be non profitable in your opinion ?!>...

[aliitp2]

I keep checking my classifieds and I am seeing 2 types of listings.

First is someone saying they will buy any and all mining GPUs. Saying why sell 1 by 1 when you can sell everything to them. They mentioned that they won’t pay inflated prices. Most likely buy GPUs at half price and flip on ebay?

Second is someone selling a GPU and every ad it mentions “never mined with”. So you know it was mined with.

Even if it was mined with there is no problem if the card has been taken good care by a good knowledgeable miner.I plan on starting operation soon of my rigs,well not that soon,in 1 January where we will have the 5x energy price removed by then.I even think to build a new rig now because I can buy a used one for 800-1000 EUR for like 200-250 Mhsh rig and I will not care mining at a loss because I know the bull run will come sooner rather than later despite no one expecting it nowadays.

i was thinking the same
the more things are different the more they remain the same

i know this ETH moving to PoS screwed us all
but its pretty much same story every Bear Market where mining becomes unprofitable !...

this is honestly my first mining cycle during a bear market so am freaked out due to my lack of experience.

second i am always told that during a bear market is the BEST time to build rigs

i HOPE you are right and pow is not out of business but really some folks here on the forums make u give up hope !...

[binanceautotrader]

My minning Rig is working 2in negative conditions right now. Im thinking of turning off the half of it!!

the Merge s&uC7kS

[devil2man]

The alternatives to eth are not lacking obviously you will never have the same earnings i would say that you can easily choose between etc, raven, ergo, ethw i would suggest you try them all and see which is the most performing with your equipment

[Pendrak]

cococoin

[swogerino]

The alternatives to eth are not lacking obviously you will never have the same earnings i would say that you can easily choose between etc, raven, ergo, ethw i would suggest you try them all and see which is the most performing with your equipment

Right now if I had to choose I would go with ETHW.Why you may ask?That is simple because it has the lowest difficulty compared to ETC and ERGO and the price is super cheap.I know it got hacked pretty soon but that was on an exchange and not on your personal Metamask wallet so I would not care much about that news yet,one has only benefits to get from this coin if all the predictions come true and it goes like at least the all time high of ETC at 179 USD for a coin.Right now a 300 Mhsh rig does more than 4 such coins monthly,for the future it is the best investment anyone can make in my opinion.

[adaseb]

The alternatives to eth are not lacking obviously you will never have the same earnings i would say that you can easily choose between etc, raven, ergo, ethw i would suggest you try them all and see which is the most performing with your equipment

Right now if I had to choose I would go with ETHW.Why you may ask?That is simple because it has the lowest difficulty compared to ETC and ERGO and the price is super cheap.I know it got hacked pretty soon but that was on an exchange and not on your personal Metamask wallet so I would not care much about that news yet,one has only benefits to get from this coin if all the predictions come true and it goes like at least the all time high of ETC at 179 USD for a coin.Right now a 300 Mhsh rig does more than 4 such coins monthly,for the future it is the best investment anyone can make in my opinion.

I agree however it really needs a listing on Binance to have a future. Most of the whales trade on there. If it gets listed on Binance, it will have perp futures on many exchanges and I can see it being pumped in the near future. However its very strange that Binance creditted users, enabled withdraws but didnt allow trading.

There must be a good reason why they did this. Normally they instantely list any altcoins. This one being very popular they refuse to list it for some reason.

[FP91G]

The alternatives to eth are not lacking obviously you will never have the same earnings i would say that you can easily choose between etc, raven, ergo, ethw i would suggest you try them all and see which is the most performing with your equipment

Right now if I had to choose I would go with ETHW.Why you may ask?That is simple because it has the lowest difficulty compared to ETC and ERGO and the price is super cheap.I know it got hacked pretty soon but that was on an exchange and not on your personal Metamask wallet so I would not care much about that news yet,one has only benefits to get from this coin if all the predictions come true and it goes like at least the all time high of ETC at 179 USD for a coin.Right now a 300 Mhsh rig does more than 4 such coins monthly,for the future it is the best investment anyone can make in my opinion.

The price of the coin will not rise quickly. And if you are right, then as the price of a coin rises, its hashrate will grow with the arrival of new miners and the number of mined coins per month will fall. It is better to buy this coin now for 6-7 dollars.

[nsummy]

The alternatives to eth are not lacking obviously you will never have the same earnings i would say that you can easily choose between etc, raven, ergo, ethw i would suggest you try them all and see which is the most performing with your equipment

Right now if I had to choose I would go with ETHW.Why you may ask?That is simple because it has the lowest difficulty compared to ETC and ERGO and the price is super cheap.I know it got hacked pretty soon but that was on an exchange and not on your personal Metamask wallet so I would not care much about that news yet,one has only benefits to get from this coin if all the predictions come true and it goes like at least the all time high of ETC at 179 USD for a coin.Right now a 300 Mhsh rig does more than 4 such coins monthly,for the future it is the best investment anyone can make in my opinion.

Ethw is in the same category as bitcoin gold but honestly probably worse.  The main use of ethereum is smart contracts.  Ethw doesn't even pretend to focus on that.  Its nothing more than a forked chain with zero utility and zero value.  A circle jerk of miners if you will

[Cuda911]

If the new ETH pow coin become useful for some reason then it can take the lead, it looks like miners are more interested in this over Ethereum Classic, since few days now ETC difficulty is reducing and ETHPow difficulty is increasing, I am not saying this is how things will play out I could be wrong but we will have an answer in coming months.

[swogerino]

If the new ETH pow coin become useful for some reason then it can take the lead, it looks like miners are more interested in this over Ethereum Classic, since few days now ETC difficulty is reducing and ETHPow difficulty is increasing, I am not saying this is how things will play out I could be wrong but we will have an answer in coming months.

If things go that way is the perfect solution for everybody,for miners first who will have another coin at which they to point their hash rate and devices to and this will then dramatically reduce the ETC difficulty and people who would not mind making like 1-2 dollars less per day will still be able to mine ETC profitably.

If some new PoW coin takes the lead then it is only a good thing for this bear market we are already in,most likely EthW is the most promising coin right now but who knows what new coins pops up in such difficult times.

[rig.007]

I think Kaspa and Flux are going to come out on top when the dust settles. both projects do something new/better/faster and both have great teams behind them. All these new ETH alike's are pointless money grabs just trying to profit off the panic. you can tell because Justin sun is involved in one. if Justin sun thought POW was a good thing Tron would be POW.

[Grim]

The smartest move would be for ETC now to fork to a ASIC neutral more egalitarian hash alorithm eg. progpow.

ETHW was solely created for the reason to give all the ethash ASICs more breathing room (or a prolonged life).
That is why it is all in chinese, China totally dominates the ASIC sector (monopol).

[Trx3]

I keep checking my classifieds and I am seeing 2 types of listings.

First is someone saying they will buy any and all mining GPUs. Saying why sell 1 by 1 when you can sell everything to them. They mentioned that they won’t pay inflated prices. Most likely buy GPUs at half price and flip on ebay?

Second is someone selling a GPU and every ad it mentions “never mined with”. So you know it was mined with.

Even if it was mined with there is no problem if the card has been taken good care by a good knowledgeable miner.I plan on starting operation soon of my rigs,well not that soon,in 1 January where we will have the 5x energy price removed by then.I even think to build a new rig now because I can buy a used one for 800-1000 EUR for like 200-250 Mhsh rig and I will not care mining at a loss because I know the bull run will come sooner rather than later despite no one expecting it nowadays.

But how can you verify the actual condition of the GPU if you are just buying it online since most of the seller on item like this is from different country. Unless you can do meetup then it’s very hard to assure the condition of the mining rig without looking on it in actual performance. Buying this kind of rig even in salvage value is very risky because there’s a lot of scammer online that might sell you rig with hidden defects and just use this Ethereum merger hype as reason to sell his GPU.

I have someone who use an agent in China to source for graphic cards, the GPUs will be sent to the agent location and he or she will be the one to do the testing and everything before shipping it to your location, the reason why this is a cool strategy is to avoid bad buys ASAP.

[RentGPU]

for the past profits we must have a new pow coin worth $1400 and that won't happen in the near future , or 70-80 % of the current gpu miners give up and sell thier rigs and this is more realistic than a new pow coin and that also will take some time