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KiaKia (OP)
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September 22, 2022, 01:27:36 PM
 #1

I bought a A 10 pro asic miner in may 2022 and now I don't know what to mine with the asic anymore, I tried selling but no one wants to buy, I made a big mistake it seems I was so eager to make some money.
swogerino
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September 22, 2022, 01:46:09 PM
 #2

I bought a A 10 pro asic miner in may 2022 and now I don't know what to mine with the asic anymore, I tried selling but no one wants to buy, I made a big mistake it seems I was so eager to make some money.

You can mine ETC with it but of course it is not as profitable as mining ETH it was I believe because the price of ETC is lower and the difficulty of ETC has skyrocketed after the merge.You made an error if you bought it in May 2022 when everybody was talking about the end of Ethereum mining just a couple of months after,the exact time in which we are in right now.

You just need to update the firmware of your device in case you have not already done so until now to mine ETC.I say keep mining ETC as who knows what the future holds for us crypto lovers.

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FP91G
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September 23, 2022, 05:44:18 PM
 #3

INNOSILICON A10 Pro ETH Miner
Hashrate:500MH/s (±5%)
Power Consumption:950W(±10%, on wall, with 93% efficiency PSU, 25℃ temperature)

https://innosilicon.shop/html/a10pro-miner/index.html
The same energy consumption and hashrate for the mining farm of 12 RX 5600XT video cards.At a price higher than 7 cents, mining will be unprofitable.

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September 23, 2022, 07:08:23 PM
 #4

I bought a A 10 pro asic miner in may 2022 and now I don't know what to mine with the asic anymore, I tried selling but no one wants to buy, I made a big mistake it seems I was so eager to make some money.

A lot of people are in your situation.  Not just with ASICs, but also GPUs.  I've learned that when people get overly invested into things like this and are willing to pay outrageous prices, that's the time to sell your crypto and mining hardware.  Now, as mining is unprofitable for nearly everyone, is the time to be buying.  It's hard to make yourself do the opposite of your emotions, but that's the way to make money.  So my advice is to not do what everyone else is doing.  Maybe do something crazy like mine at a loss even.  I'm sure in 3 years you'd be happy you did.

In short, don't let market prices determine your actions.  Make a plan and stick to it.

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Cuda911
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September 24, 2022, 06:55:49 AM
 #5

500MH for 950watt power every day is profitable, compare to my 400MH using 1200watt, I had to remove some high power consuming graphic cards and run the rest 😪, they won't be hashing until maybe difficulty decreases more in future, A10 Pro is still fair.

FP91G
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September 24, 2022, 08:50:29 AM
 #6

I bought a A 10 pro asic miner in may 2022 and now I don't know what to mine with the asic anymore, I tried selling but no one wants to buy, I made a big mistake it seems I was so eager to make some money.

A lot of people are in your situation.  Not just with ASICs, but also GPUs.  I've learned that when people get overly invested into things like this and are willing to pay outrageous prices, that's the time to sell your crypto and mining hardware.  Now, as mining is unprofitable for nearly everyone, is the time to be buying.  It's hard to make yourself do the opposite of your emotions, but that's the way to make money.  So my advice is to not do what everyone else is doing.  Maybe do something crazy like mine at a loss even.  I'm sure in 3 years you'd be happy you did.

In short, don't let market prices determine your actions.  Make a plan and stick to it.
If you want to sell your video cards, it won't work now because there is no demand. The recommended retail price of the RTX 4080 and RTX 4090 is good, and the RTX 3060 is already on sale for $250. That is, there are many difficulties for selling even at a low price. It is even worse with ASICs, if it is unprofitable, it is much more difficult to sell it.
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September 24, 2022, 02:44:56 PM
 #7

I bought a A 10 pro asic miner in may 2022 and now I don't know what to mine with the asic anymore, I tried selling but no one wants to buy, I made a big mistake it seems I was so eager to make some money.

A lot of people are in your situation.  Not just with ASICs, but also GPUs.  I've learned that when people get overly invested into things like this and are willing to pay outrageous prices, that's the time to sell your crypto and mining hardware.  Now, as mining is unprofitable for nearly everyone, is the time to be buying.  It's hard to make yourself do the opposite of your emotions, but that's the way to make money.  So my advice is to not do what everyone else is doing.  Maybe do something crazy like mine at a loss even.  I'm sure in 3 years you'd be happy you did.

In short, don't let market prices determine your actions.  Make a plan and stick to it.
If you want to sell your video cards, it won't work now because there is no demand. The recommended retail price of the RTX 4080 and RTX 4090 is good, and the RTX 3060 is already on sale for $250. That is, there are many difficulties for selling even at a low price. It is even worse with ASICs, if it is unprofitable, it is much more difficult to sell it.

the 3090 sell for $750 -800 used on ebay

so selling them is okay.

I am mining etc with 9.5 gh my power is solar or prepaid so It makes money but not much.

220 usd a day is down to 30 usd

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adaseb
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September 25, 2022, 03:06:05 AM
 #8

I bought a A 10 pro asic miner in may 2022 and now I don't know what to mine with the asic anymore, I tried selling but no one wants to buy, I made a big mistake it seems I was so eager to make some money.

A lot of people are in your situation.  Not just with ASICs, but also GPUs.  I've learned that when people get overly invested into things like this and are willing to pay outrageous prices, that's the time to sell your crypto and mining hardware.  Now, as mining is unprofitable for nearly everyone, is the time to be buying.  It's hard to make yourself do the opposite of your emotions, but that's the way to make money.  So my advice is to not do what everyone else is doing.  Maybe do something crazy like mine at a loss even.  I'm sure in 3 years you'd be happy you did.

In short, don't let market prices determine your actions.  Make a plan and stick to it.
If you want to sell your video cards, it won't work now because there is no demand. The recommended retail price of the RTX 4080 and RTX 4090 is good, and the RTX 3060 is already on sale for $250. That is, there are many difficulties for selling even at a low price. It is even worse with ASICs, if it is unprofitable, it is much more difficult to sell it.

I think so far there are no deals really on GPUs. So you can sell it on eBay and get decent money for it. Go look at recent completed listings and you will see that GPUs still aren’t cheap.

Many miners are probably in the wait and see stages before they decide to sell off their gear. And many gamers are finally starting to buy because prices came down a little and they don’t want to wait.
Z390
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September 25, 2022, 07:57:18 AM
 #9

I bought a A 10 pro asic miner in may 2022 and now I don't know what to mine with the asic anymore, I tried selling but no one wants to buy, I made a big mistake it seems I was so eager to make some money.

A lot of people are in your situation.  Not just with ASICs, but also GPUs.  I've learned that when people get overly invested into things like this and are willing to pay outrageous prices, that's the time to sell your crypto and mining hardware.  Now, as mining is unprofitable for nearly everyone, is the time to be buying.  It's hard to make yourself do the opposite of your emotions, but that's the way to make money.  So my advice is to not do what everyone else is doing.  Maybe do something crazy like mine at a loss even.  I'm sure in 3 years you'd be happy you did.

In short, don't let market prices determine your actions.  Make a plan and stick to it.
If you want to sell your video cards, it won't work now because there is no demand. The recommended retail price of the RTX 4080 and RTX 4090 is good, and the RTX 3060 is already on sale for $250. That is, there are many difficulties for selling even at a low price. It is even worse with ASICs, if it is unprofitable, it is much more difficult to sell it.

I think so far there are no deals really on GPUs. So you can sell it on eBay and get decent money for it. Go look at recent completed listings and you will see that GPUs still aren’t cheap.

Many miners are probably in the wait and see stages before they decide to sell off their gear. And many gamers are finally starting to buy because prices came down a little and they don’t want to wait.
Brother, I am wondering why graphic cards are still maintaining a good value right now, what is going on? Things aren't like 2018 where gpus started flooding the market in two weeks after mining returns went south, what is going on? Are miners not ready to quit mining?
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September 26, 2022, 03:02:56 AM
 #10

From what I can remember. GPUs weren’t really flooded back in 2018. Only deals to be had were maybe on damaged GPUs with bad fans. But I remember having no issues selling my RX GPUs back in those days for a fair price.

2015 was similar. No deals unless the GPUs was damaged or needed work. This time it seems like it’s a repeat. Seems miners are holding on and selling slowly not the flood the market. Or tons of gamers are picking them up quickly.
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September 26, 2022, 04:23:56 AM
 #11

From what I can remember. GPUs weren’t really flooded back in 2018. Only deals to be had were maybe on damaged GPUs with bad fans. But I remember having no issues selling my RX GPUs back in those days for a fair price.

2015 was similar. No deals unless the GPUs was damaged or needed work. This time it seems like it’s a repeat. Seems miners are holding on and selling slowly not the flood the market. Or tons of gamers are picking them up quickly.
I think its bit early. Miners in debt will start flooding as soon as they recieve their paycheck.at this price no way they can make any profit unless they were ready.
Pain will continue. Now Buterin talking about doge and zcash also to switch to POS so looks like they will max pain to miners.
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September 28, 2022, 11:55:51 AM
 #12

From what I can remember. GPUs weren’t really flooded back in 2018. Only deals to be had were maybe on damaged GPUs with bad fans. But I remember having no issues selling my RX GPUs back in those days for a fair price.

2015 was similar. No deals unless the GPUs was damaged or needed work. This time it seems like it’s a repeat. Seems miners are holding on and selling slowly not the flood the market. Or tons of gamers are picking them up quickly.
I think its bit early. Miners in debt will start flooding as soon as they recieve their paycheck.at this price no way they can make any profit unless they were ready.
Pain will continue. Now Buterin talking about doge and zcash also to switch to POS so looks like they will max pain to miners.
Vitalik Buterin talks a lot, and his coin turns into a centralized bank.For GPU miners, doge and zcash are not relevant because of ASICs, and mining on ASICs now brings little profit. Inexperienced miners will sell mining hardware and older miners will have more mining power.
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October 02, 2022, 09:01:20 PM
 #13

From what I can remember. GPUs weren’t really flooded back in 2018. Only deals to be had were maybe on damaged GPUs with bad fans. But I remember having no issues selling my RX GPUs back in those days for a fair price.

2015 was similar. No deals unless the GPUs was damaged or needed work. This time it seems like it’s a repeat. Seems miners are holding on and selling slowly not the flood the market. Or tons of gamers are picking them up quickly.
I think its bit early. Miners in debt will start flooding as soon as they recieve their paycheck.at this price no way they can make any profit unless they were ready.
Pain will continue. Now Buterin talking about doge and zcash also to switch to POS so looks like they will max pain to miners.

I don't think it would be a good move for Zcash or Doge to switch to PoS,we are seeing what is happening to Ethereum after moving to PoS,no one talks a sh*t about it anymore from the crypto passionate world except some guys who are like a central bank which are the stakers who have the most amount of Ethereum,yes they decide now and decentralization is completely gone.

I don't think the creators of Zcash or Doge would want a complete failure of their coin as that is what moving from PoW to PoS generally speaking 99.99% of the times bring to the table.

.
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