Bitcoin Forum
July 10, 2024, 08:31:51 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Ethereum and SIA Coin mining. Rigs sitting idle for over two years  (Read 57 times)
kryptokraz (OP)
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
October 28, 2021, 03:23:52 AM
 #1

Hi All,

I was mining ETH with 4 rigs having 6 of the RX 580 GPUs couple of years back and stopped when the price tanked and I was paying electricity costs out of pocket. Additionally, I was also initially mining Sia Coin with Antminer A3s.

I wanted to know if it's profitable to still mine these coins with my existing rigs. Any advice/comments will be greatly appreciated!
babymethyl2013
Newbie
*
Offline Offline

Activity: 39
Merit: 0


View Profile
October 28, 2021, 12:01:46 PM
 #2

If the RX 580's have 8gb of VRAM your all set and can start mining ETH now. The A3 sadly is useless these days.
FP91G
Legendary
*
Offline Offline

Activity: 1694
Merit: 1065


View Profile
October 28, 2021, 12:26:09 PM
 #3

If your graphics cards have 8GB of memory, then Ethereum mining is profitable even with high electricity costs. If your cards have only 4 GB, then choose another coin for mining: Ravencoin (RVN), Ergo (ERG), Beam (BEAM), Ethereum Classic (ETC). The profit is 2 times less, but this is also not bad now.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!