OgNasty
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October 09, 2022, 07:19:23 PM |
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the only gpu mining atm that May be profitable atm is speculation mining.
Speculation mining. I haven't heard that before. I like it. I've said this quite a few times, but it bears repeating... "The most profitable coins I ever mined, were the coins I mined when it was unprofitable to do so." I think in times of 'speculation mining' it's important to remember that one of the big benefits of mining is that it's a forced dollar cost averaging system. Times like now are why you mine. It helps you stack through the down times so you can flourish in the up times. While mining might not be profitable now, now mining might mean missing out on future gains. My advice for miners who refuse to mine at a loss... Take those funds you would have spent on electricity and use them to buy BTC. Doing nothing will most certainly be a regrettable move.
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philipma1957
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October 09, 2022, 07:51:58 PM |
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the only gpu mining atm that May be profitable atm is speculation mining.
Speculation mining. I haven't heard that before. I like it. I've said this quite a few times, but it bears repeating... "The most profitable coins I ever mined, were the coins I mined when it was unprofitable to do so." I think in times of 'speculation mining' it's important to remember that one of the big benefits of mining is that it's a forced dollar cost averaging system. Times like now are why you mine. It helps you stack through the down times so you can flourish in the up times. While mining might not be profitable now, now mining might mean missing out on future gains. My advice for miners who refuse to mine at a loss... Take those funds you would have spent on electricity and use them to buy BTC. Doing nothing will most certainly be a regrettable move. So far I sold my four oldest cards hybrid 1080ti’s cleared 700. I can use that to subsidize my etc mining. mining etc about 10gh and losing about 8 dollars a day so that sale helps as it allows for about 20 days of free mining and holding the 18 etc mined. I can slowly sell off cards 10000mh drops to 9860 mh by selling the 1080tis.
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sp_
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October 09, 2022, 07:55:23 PM |
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About 20 days of free mining and holding the 18 etc mined.
Team Black Miner v1.70 support dual mining ETC+ZIL that should give you a +20% boost or more in the revenue with the same power costs.
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philipma1957
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October 09, 2022, 08:25:44 PM |
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About 20 days of free mining and holding the 18 etc mined.
Team Black Miner v1.70 support dual mining ETC+ZIL that should give you a +20% boost or more in the revenue with the same power costs. cool will look into it.
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rdluffy
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October 09, 2022, 10:33:49 PM |
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Doing nothing will most certainly be a regrettable move.
There's a point of view where if you believe in a new ATH like happened before, you can keep accumulating coins to sell in profit some months/years later. I remember in 2018, I had to sell my cards because I didn't have any cash to keep mining, and my electricity rate was high, BUT if I kept my cards running and mining I would have a great amount of money right now. I know it's "better" to buy coins directly, but there are cases and cases, maybe you don't want to sell the cards, maybe you like mining etc Sometimes it's annoying to have to pass all the stages to sell the cards, clean, find the boxes, warranty, take pics, put on ebay, deal with returns... 
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grendel25
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October 09, 2022, 11:44:14 PM |
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Mining EPIC has actually become much easier compared to 2 years ago in the sense that technical documentation is much better thanks to some strong rowers in our community. Then again, mining difficulty has become much higher since the Ethereum merger. However, for cost effectiveness and profitability, EPIC remains at the top for mining profitability.
Do you have any epic mining calculator that works? I tried at mining stats, but didn't work I'm curious to see the profitability, since no coin is giving any profits right now I remember a few years ago I mined a little, but just for a couple of days go here: t.me/epicminers and type this: @epicradarbot mining pp 55 mhs and it will show: 24hr 1.65 EPIC (about .80 cents) all depends on how much energy costs for you
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grendel25
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October 09, 2022, 11:46:15 PM |
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Since right now almost all coins are not profitable it is a game of choice I would say.Personally I think EthW is a really good option right now which the difficulty has come down from near 700 T near 500 T at 509 T now,sure the price has come down also,but I think this is a really good time to collect a lot of them and 120 Mhsh of the 3090 card would get near 0.04 EthW per day in crypto,I am not talking in dollars as that is definitely in loss but I am talking for the longer term here.
Another way is to use unmineable miner to mine coins that cannot be mined directly and I assume the OP does not want to buy coins but to use the card he has to collect them.
Can mine EPIC, earn twice as much, and convert to ETHW for the ETHW moon. My opinion is the EPIC moon will be sooner and much fuller moon
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grendel25
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October 09, 2022, 11:51:29 PM |
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Mining EPIC has actually become much easier compared to 2 years ago in the sense that technical documentation is much better thanks to some strong rowers in our community. Then again, mining difficulty has become much higher since the Ethereum merger. However, for cost effectiveness and profitability, EPIC remains at the top for mining profitability.
Minerstat disagrees with you. https://minerstat.com/coin/EPIC/profitabilityEvery single card is mined at a loss. Low trade volume. The cards on there that list a profit are missing the electric cost liike a 1650.. think about that a minute.. a 1650 el chepo card out mining a 3080ti. Note that it also listed the 3080ti as only using 116w of power mining that algo which I have doubts on being correct. so no. theres no profit here. or that site is lying to me. I welcome evidence to the contrary. Minerstat does not correctly apportion the Polyphasic Proof of Work distribution across CPU/GPU/ASIC 48/48/4%. It's a common error by those who don't know about EPIC Solution: Go to t.me/epicminers Type: @epicradarbot mining pp 50 mh/s And that will give the amount of epic/usd for one 3080 GPU
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grendel25
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October 09, 2022, 11:57:52 PM |
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EPIC Network hash rate has more than tripled since ETH merge.
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philipma1957
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October 10, 2022, 02:44:25 AM |
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I am doing ETC / Zil moved about 1.4gh there.
it seems like it may earn more doing the 2 on Ezil.me
than just etc on viabtc.com
I will get back after a day or two.
I also am able to mine direct to an exchange.
If this works out I will be turning a small profit daily.
Better than a small loss. and if zil takes off just a little bit It could be a nice way to mine.
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Nhazwrath
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October 10, 2022, 10:20:47 AM |
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Mining EPIC has actually become much easier compared to 2 years ago in the sense that technical documentation is much better thanks to some strong rowers in our community. Then again, mining difficulty has become much higher since the Ethereum merger. However, for cost effectiveness and profitability, EPIC remains at the top for mining profitability.
Minerstat disagrees with you. https://minerstat.com/coin/EPIC/profitabilityEvery single card is mined at a loss. Low trade volume. The cards on there that list a profit are missing the electric cost liike a 1650.. think about that a minute.. a 1650 el chepo card out mining a 3080ti. Note that it also listed the 3080ti as only using 116w of power mining that algo which I have doubts on being correct. so no. theres no profit here. or that site is lying to me. I welcome evidence to the contrary. Minerstat does not correctly apportion the Polyphasic Proof of Work distribution across CPU/GPU/ASIC 48/48/4%. It's a common error by those who don't know about EPIC Solution: Go to t.me/epicminers Type: @epicradarbot mining pp 50 mh/s And that will give the amount of epic/usd for one 3080 GPU Polyphasic ? https://www.merriam-webster.com/dictionary/polyphasic, more then one phase. Just in case I'm missing something here. What Other phase is it using then POW? And honestly Minerstat is the only place I can find any sort of stats on epic at all. If everything else is in house so to speak its impossible to judge its value. Logically if something was as good as it claims then that sorta info would be fairly widespread across the various stat pages.
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grendel25
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October 11, 2022, 01:08:13 AM |
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Mining EPIC has actually become much easier compared to 2 years ago in the sense that technical documentation is much better thanks to some strong rowers in our community. Then again, mining difficulty has become much higher since the Ethereum merger. However, for cost effectiveness and profitability, EPIC remains at the top for mining profitability.
Minerstat disagrees with you. https://minerstat.com/coin/EPIC/profitabilityEvery single card is mined at a loss. Low trade volume. The cards on there that list a profit are missing the electric cost liike a 1650.. think about that a minute.. a 1650 el chepo card out mining a 3080ti. Note that it also listed the 3080ti as only using 116w of power mining that algo which I have doubts on being correct. so no. theres no profit here. or that site is lying to me. I welcome evidence to the contrary. Minerstat does not correctly apportion the Polyphasic Proof of Work distribution across CPU/GPU/ASIC 48/48/4%. It's a common error by those who don't know about EPIC Solution: Go to t.me/epicminers Type: @epicradarbot mining pp 50 mh/s And that will give the amount of epic/usd for one 3080 GPU Polyphasic ? https://www.merriam-webster.com/dictionary/polyphasic, more then one phase. Just in case I'm missing something here. What Other phase is it using then POW? And honestly Minerstat is the only place I can find any sort of stats on epic at all. If everything else is in house so to speak its impossible to judge its value. Logically if something was as good as it claims then that sorta info would be fairly widespread across the various stat pages. Polyphasic PoW meaning many phases of PoW, not something other than PoW. What happens in Epic Cash is you can imagine it like a big jar of 100 marbles and we'll say that those 100 marbles represent 1 mining epoch. In EPIC's case we'll say there are 3 different colors for the marbles Red, Blue, Green, to represent the 3 different PoW types: CPU, GPU, and ASIC. The Polyphasic algorithm randomly chooses a marble and we'll say the first marble is Blue so a GPU block is worked on/solved. Then the algorithm chooses another marble and again it's blue so GPU is used to mine that block. Then another marble is chosen, this time Red so a CPU will do the work. And it goes on like that until a total of 48 CPU, 48 GPU, and 4 ASIC blocks are mined. But really it is cuckoo cycle so technically mineable by GPU but ASIC would be far more efficient but ASIC can only mine for 4% so who would? Well, some do.. and that's part of the genius of the system. Okay, that's a lot of complicated rationale right? But the beauty is the code is very simple. FOSS anyone can work from github. You know you did something good when the code is simple but the explanation to include benefits of the design can take some time and effort. But... to your point about it being "in house" It's really not. The answers I gave you before are very easy and not "in house". They were made by a community member and totally Free and Open Source Software (FOSS) discernable by doing this: Go to t.me/epicminers Type: @epicradarbot mining pp 50 mh/s
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OgNasty
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October 11, 2022, 04:56:26 AM |
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hybrid 1080ti’s cleared 700.
Nice! I have a couple of 1080ti's (not hybrids) that you sold me a while back. I should probably try and part with one of them at least and get ready for the new 4xxx series cards. I've become so numb to 1080ti's since they've been profitable for so long, but perhaps it is time to put them out to pasture as gamer cards (if gamers even want them anymore). I feel like there's so much competition to sell GPUs right now, I haven't bothered to look into it. Sounds like the market might be stronger than I anticipated though.
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