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Author Topic: Suggestions for a newby with free electricity!  (Read 468 times)
MoparMiningLLC
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August 21, 2019, 02:05:59 PM
 #21

Maybe it's GPU mining that I've heard isn't profitable anymore, but I've seen videos on Youtube of miners giving up on ASICs as well.  Could be that their electricity isn't free, however. 

OP, whatever you decide to do, it'd be good if you updated this thread and let us know how you're making out.  I know I'm curious as to whether you're going to turn a profit.  Good luck, bro.

oh for sure, some that pay 12 cents or more are definitely shutting down. I was close to that point when BTC was in the 3k range - I was barely in the black and my electric is 5 cents.

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August 22, 2019, 01:28:36 PM
 #22

just don't overload. control greed  Wink
mineshop.eu
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August 23, 2019, 10:29:25 AM
 #23

Yeah, it makes sense to buy an ASIC if electricity is cheap.
Have you seen a BTC course?
Just take care of mining OS and quality firmware. This will actually simplify the work, and let you squeeze more out of asic.
Use hiveon ASIC or smth like that
Bitmain is locking down latest asics, so not possible to install hiveos on them. But they do have great software for the Antminer S9 i did a review on my channel.

MoparMiningLLC
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August 23, 2019, 01:28:08 PM
 #24

Yeah, it makes sense to buy an ASIC if electricity is cheap.
Have you seen a BTC course?
Just take care of mining OS and quality firmware. This will actually simplify the work, and let you squeeze more out of asic.
Use hiveon ASIC or smth like that
Bitmain is locking down latest asics, so not possible to install hiveos on them. But they do have great software for the Antminer S9 i did a review on my channel.

the only thing I dont like about HiveOS is the dev fee's Seems to me that most of any gains made using custom firmware is lost when you have to give them a percentage of all your profits vs a percentage of the gains.

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August 26, 2019, 09:49:48 AM
 #25

Yeah, it makes sense to buy an ASIC if electricity is cheap.
Have you seen a BTC course?
Just take care of mining OS and quality firmware. This will actually simplify the work, and let you squeeze more out of asic.
Use hiveon ASIC or smth like that
Bitmain is locking down latest asics, so not possible to install hiveos on them. But they do have great software for the Antminer S9 i did a review on my channel.

the only thing I dont like about HiveOS is the dev fee's Seems to me that most of any gains made using custom firmware is lost when you have to give them a percentage of all your profits vs a percentage of the gains.
You still save more if you would use original firmware. Reduces your power usage with asicboost and increases hashing speed. 2% from for example 18th = 0.9TH is for hive. Do you know is there any firmware without dev fee for Antminer s9?

MoparMiningLLC
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August 26, 2019, 10:38:08 AM
 #26


You still save more if you would use original firmware. Reduces your power usage with asicboost and increases hashing speed. 2% from for example 18th = 0.9TH is for hive. Do you know is there any firmware without dev fee for Antminer s9?

yep - manufacturer firmware has none.

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minerja
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September 03, 2019, 08:55:37 AM
 #27

Just my thoughts.
If your electricity really is free.
Why not buy a bunch of really cheap multicore, preferable multi cpu servers, and cpu mine.
The older cpus are no where near as efficient as the current ones, say 1/2 as efficient, but generally anywhere between 1/4 and 1/10 the cost.
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September 03, 2019, 10:30:41 AM
 #28

Just my thoughts.
If your electricity really is free.
Why not buy a bunch of really cheap multicore, preferable multi cpu servers, and cpu mine.
The older cpus are no where near as efficient as the current ones, say 1/2 as efficient, but generally anywhere between 1/4 and 1/10 the cost.
I think it is possible to use any equipment with free power, just calculate cheapest price per hash and fastest return will be your best option Smiley

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