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Author Topic: Loan + Mining farm  (Read 394 times)
YellowSwap
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August 17, 2022, 07:52:40 AM
 #21

Wait for the beginning of the next bull market if you want to take a loan, now is a very bad time for taking a loan since Ethereum mining is coming to an end, we still don't know how mining will play out after ETH is no more.

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appdirect
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March 19, 2024, 12:22:28 AM
 #22

As now there are 2 options. You can set what you want recive BTC or ETH.
If you set ETH then it will mine on dwarfpool (dagger hashimito) and send you eth.
If you set BTC then it will mine on nicehash (dagger hashimito) but send you btc. <- this option has like 10% less profit due to low profitability on nicehash but its for people who dont know what ethereum is and they want btc instead.


I think that custom pool will be possible soon but first i have to make other more important stuff like:
- short youtube video and some screenshots from installation and how it works
- auto mail notifications (like rig has been booted and some info about it - how many GPUs found etc)
- separate line OS version with 15.12 AMD driver (for 3xx/2xx/7000 cards and overclocking, powertuning stuff)
- basic Dashboard on website where you can login and see status and for now basic info about your rigs

If you have any ideas, problems or you badly need some option, let me know.
FP91G
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March 20, 2024, 12:57:15 PM
 #23

As now there are 2 options. You can set what you want recive BTC or ETH.
If you set ETH then it will mine on dwarfpool (dagger hashimito) and send you eth.
If you set BTC then it will mine on nicehash (dagger hashimito) but send you btc. <- this option has like 10% less profit due to low profitability on nicehash but its for people who dont know what ethereum is and they want btc instead.


I think that custom pool will be possible soon but first i have to make other more important stuff like:
- short youtube video and some screenshots from installation and how it works
- auto mail notifications (like rig has been booted and some info about it - how many GPUs found etc)
- separate line OS version with 15.12 AMD driver (for 3xx/2xx/7000 cards and overclocking, powertuning stuff)
- basic Dashboard on website where you can login and see status and for now basic info about your rigs

If you have any ideas, problems or you badly need some option, let me know.
dwarfpool Smiley The pool was good, but it has been closed for a long time.
I read your post and took me back to the most wonderful times for mining 9 years ago Smiley I hope you weren't in a coma for a long time because ETH is now using the POS algorithm.

doubletheprof
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April 02, 2024, 10:57:18 AM
 #24

I do not think that taking a loan is the way, you can always buy for example shared miner on circlehash, which is avaiable for every budget, and the nyou can buy some more everytime you wanna invest again. Eventually, you will have the whole miner.
FP91G
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April 03, 2024, 12:35:35 PM
 #25

I do not think that taking a loan is the way, you can always buy for example shared miner on circlehash, which is avaiable for every budget, and the nyou can buy some more everytime you wanna invest again. Eventually, you will have the whole miner.
circlehash smells like a scam!
Well-known miners have a cost of electricity of 2-4 cents, while circlehash has a cost of 20 cents.

1. Basic Cost Structure
Electricity costs refer to the expenses incurred from the consumption of electrical power to run mining machines.
At CircleHash, we operate with a standard electricity cost of $0.2 per kilowatt-hour (kW/h).

https://www.circlehash.com/page/electricity-costs

And at this price, mining is not profitable, but it is profitable to sell miners to beginners. Then newcomers will be told that mining is unprofitable and will be offered to send the purchased miner at a price that will be higher than the market price.
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