[Diary] An adventure in mining (by RTX 3060)

[joker_josue]

Post edited! Due to the reorganization of the topic this post has been edited. The original content of this post was just an announcement for new content.


July 11, 2021
MIDDLE OF ADVENTURE
After 3 months and 1 week, I'm practically halfway through this adventure, with 49% of the goal achieved. Remembering, the objective is to mine 0.01804625 BTC, which was the amount invested in Bitcoin to acquire a GPU card - Gigabyte GeForce RTX 3060 EAGLE OC 12GB. At this point I have already managed to gather 0.00884408 BTC, all mined with this card through NiceHash.

At NiceHash, the hash value varies daily and, in this last week, it returned to a value well above estimates, with a daily average of 0.00009517 BTC/24H, with three days in a row having achieved more than 0.0001 BTC. It should be mentioned that on Saturday, I returned to intensive PC activity and profitability dropped that day. This week's chart:



You can also consult the file with all the numbers (which already contains the most recent numbers) here.


POOL IN CHIA
It was this week that the official protocol for the Chia Network pools was finally released. Before that, the network had grown so fast that it was very difficult to mine soil, especially for the resources it had available, but with the arrival of pools it could be different.

This official pool system is interesting. Each mined block earns 2 XCH, where 0.25 XCH goes to the miner who found the block, and the 1.75 XCH goes to the pool to distribute to all farmers. The value of the distribution will be based on the points that each miner accumulates by making tests with the plots associated with the pool.Each time the pool encounters a block, the XCH is distributed and the point count resets to zero.

To mine in the pool is equally simple, as was making plots and mining soil. The official Chia wallet now has a new tab for pools, where the desired pool is added, indicating its link, and then you will be creating new plots associated with that pool. If the person wants, they can use third-party programs, which allegedly make plots faster. But I haven't tested this strand yet.

With this in mind, I decided to invest a little bit to participate in a pool. So, with the money earned in the sig campaigns here on the forum, I decided to invest 0.01094434 BTC, to buy a 14TB external drive and a 500GB M.2 drive. The M.2 disk aims to create plots faster than using the Chia wallet, I'm creating a plot in +/- 5-6 hours. It was also in this purchase that I tried the Binance card for the first time, and it worked very well. I transferred this amount to the Binance account, allocated this amount to the card, and then at Amazon I used this card to pay for the discs.

So, since Thursday (July 8th), I've been creating plots for the pool. Fazenda Chia, which is a Portuguese pool in which I had the opportunity to closely monitor its development.

We'll see how this goes. Hope to come earn some extra money. Either way, the worst possible scenario would be to have been left with a hard drive to store movies, but now instead of being in 1080p it's going to be in 4K. I'll be breaking news of this add-on in this mining adventure.


July 18, 2021
HASHRATE ANALYSIS
In mining, the best possible speed is always sought to get the best performance out of the equipment. Throughout this adventure my RTX 3060 weekly averages 47~48MH/s, which is expected for this GPU. I'm using NiceHash, to get back the money invested, and on this platform you get paid based on the hash value in the market. Therefore, a miner wants this value to be high, as long as it makes available as many MH/s as possible.

In NiceHash, it is possible to obtain information about the hash performance of the last 7 days, with records at intervals of 5 minutes. This last week, my average was 47.39MH/s. To achieve this result, the plate on average daily ran 94 times above 50MH/s, 27 times above 60MH/s and 125 times below 47MH/s. Fortunately the reject speed rate is low at 0.88%.


Based on these values, this week, I got an average of 0.00008799 BTC/24h. Being 07/15/2021, the best day of the week, where I got 0.00009398 BTC, which curiously was one of the days with the lowest average hash. So, with half of the goal achieved, I predict that I will reach 100% within 90 days.
 


You can also consult the file with all the numbers (which already contains the most recent numbers) here.

^ VIEW TIMELINE ^

TO BE CONTINUED
July 25, 2021 - THETA & MINING
August 01, 2021 - MONTH OF JULY

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[joker_josue]

Post edited! Due to the reorganization of the topic this post has been edited. The original content of this post was just an announcement for new content.


July 25, 2021
THETA & MINING
Together on this mining adventure, I've been watching Theta Network. It's not yet a project with a lot of value, but I've kept the application running, since I haven't felt any major changes in the PC's performance. During these weeks that I have the program open, I don't perform many tasks, but almost every day I do a video encoding job, which normally has an average payment of about 0.16~0.19 TFUEL. I don't think it's a bad payment, considering that normally this job only takes a few minutes. It's only worth only about 0.33$ (today - the day I wrote the original post), but this is a marathon, and you never know what value it will be in a few months/years.

But the main point of this adventure remains to recover the BTC invested in the purchase of the GPU. And in that sense, everything has been going well and on schedule, with about 3 months to reach this goal, if I can keep this pace. This last week, I had a daily average of 47.54 MH/s and 0.00008692 BTC/24h. Here's this week's chart:



You can also consult the file with all the numbers (which already contains the most recent numbers) here.


August 01, 2021
MONTH OF JULY
After 4 months of mining, I'm just over halfway to achieving my goal. The month of July was so far the second best month of this adventure, with a daily average of 0.00008693 BTC, which allowed us to earn a total of 0.00269513 BTC in July. It would be good to be able to maintain this pace, which would allow us to reach the goal within 80 days. But when looking at scenarios for the coming weeks, this could be difficult as EIP-1559 is just days away from taking effect.

In the last week of July, I had a similar performance to the previous weeks, with an average of 0.00008421 BTC/24h, and with an average speed of 47.18 MH/s. I also had a day with a lot of activity on the PC, reducing profitability that day. Below is the graphic:


You can also consult the file with all the numbers (which already contains the most recent numbers) here.

^ VIEW TIMELINE ^

TO BE CONTINUED
August 08, 2021 - LONDON FORK ARRIVED
August 15, 2021 - PROFITABILITY DOWN AGAIN

[joker_josue]

Post edited! Due to the reorganization of the topic this post has been edited. The original content of this post was just an announcement for new content.


August 08, 2021
LONDON FORK ARRIVED
It was this week that the Ethereum London Fork update arrived. This update brought several improvements to the Ethereum network, the best known being EIP-1559. EIP-1559 proposes that the transaction fee be slashed by the protocol, in order to offset Ethereum inflation. With this update, the profitability of mining may decrease, as miners no longer receive part of the transaction fees, which they previously received and allowed for greater profitability. In turn, if the idea that the price tends to increase, the impact of this change becomes null.

So far I haven't felt a significant change in profitability in my mining, on the contrary, maybe because I'm using Nicehash. This week my daily average was 0.00009402 BTC/24h, which was even higher than the average of the previous week (0.00008421 BTC/24h). This result leaves me 40% off the goal.


You can also consult the file with all the numbers (which already contains the most recent numbers) here.


August 15, 2021
PROFITABILITY DOWN AGAIN
Probably because of the London Fork, this week I started to feel a slight drop in overall profitability, reaching a daily average of just 0.00007758 BTC/24H. In reality, it was not a bad average, as it is within what was initially forecast, but compared to the last few weeks, there was a sudden slight drop in profitability. I say sudden, because normally when these drops in profitability occur, it gradually declines a couple of weeks before, but this time it was from one week to the next.

In addition to this week having been the lowest in profitability, I still decided to make a more complex change to my PC, making the mining stop for about 3 hours. In the next report, tell this story. All together, it helped to have this drop in profitability. The good news is that there has been a slight increase in the value of Bitcoin, an increase that has been consistent, and this could be a good indication for the coming weeks.

Here's this week's chart:


You can also consult the file with all the numbers (which already contains the most recent numbers) here.

^ VIEW TIMELINE ^

TO BE CONTINUED
August 22, 2021 - HARDWARE
August 29, 2021 - ONLY 30% TO GOAL

[joker_josue]

Post edited! Due to the reorganization of the topic this post has been edited. The original content of this post was just an announcement for new content.


August 22, 2021
HARDWARE
I have been using it to mine the PC I use daily, so having good hardware helps to achieve good performance. Although they are not high-end components, I have a well-balanced computer, which has allowed me to perform well in mining and at the same time perform well in my daily use. This setup allows me to be undermining with NiceHash, undermining Chia Network and running Theta Edge Node all at the same time without a major performance change.

Here is the description of my computer's hardware:

• Processor: Intel Core i5-9400F 2.9GHz
• Motherboard: Gigabyte B365M H
• RAM: 2x Kingston HyperX Fury Black 8GB DDR4 2666Mhz PC-21300 CL16
• GPU: Gigabyte GeForce RTX 3060 EAGLE OC 12GB
• Power Supply: Cooler Master MWE 550w 80PLUS Bronze
• Internal Disks: Samsung SSD 850 EVO 120GB (SO) | Samsung HD103UJ 1TB | Seagate Barracuda 2TB - ST2000DM008 | Crucial P2 CT500P2SSD8 500GB
• External Disks: Seagate Expansion STEB14000402 14TB
• Case: ATX Fractal Design Focus G | Fan 140mm Fractal Design Silent Series R3 1000RPM
• SO: Windows 10 (with all updates)

Some pictures:
.

As I mentioned earlier, I took a slight mining break to change the hardware to a new case, with better cooling. This change was positive, allowing to reduce the temperature of the GPU. Before this change, the GPU temperature was around 63º~65º and the VRAM temperature was 60º~63º. Now, with this new configuration, I now have the GPU with 58º~60º and the VRAM with 56º~58º. This temperature reduction will be good for the graphics card's durability and reliability.

This week the hash value has been low, in contrast the Bitcoin value has risen. I got an average of 0.00007589 BTC/24h and an average hash of 46.93 MH/s. In this way it was possible to reach 68% of the goal.


You can also consult the file with all the numbers (which already contains the most recent numbers) here.


August 29, 2021
ONLY 30% TO GOAL
After 5 months, since the beginning of this adventure, I managed to reach 70% of the objective. In this sense, and if all goes well, within 2 months I should be able to recover the investment made, in the purchase of the GPU. But this last month does not present a good perspective, as it was the month with the lowest average daily return so far, with around 0.00007672 BTC/day. In the last two/three weeks, this low hash value, which has been offset by the increase in Bitcoin. But I hope the hash value will rise again, or at least remain so, in order to maintain this pace.

This last week, with an average speed of 47.42 MH/s, I managed to get an average of 0.00007189 BTC/24h, a little lower than usual. Despite staying within initial estimates. Here is the graph of the week:


You can also consult the file with all the numbers (which already contains the most recent numbers) here.

^ VIEW TIMELINE ^

TO BE CONTINUED
September 05, 2021 - ALL STABLE
September 12, 2021 - GENERAL SITUATION POINT

[joker_josue]

Post edited! Due to the reorganization of the topic this post has been edited. The original content of this post was just an announcement for new content.


September 05, 2021
ALL STABLE
For two weeks now, the weekly profitability has been gradually decreasing, due to the devaluation of the hash value in NiceHash. This has not been worrying, as the value has never gone down more than initially predicted. This week, the value stabilized and stopped declining, remaining at 0.00007869 BTC/24h, within what was expected.

I can say that the month of August was the least profitable (if not counting the first month that was not complete) since the beginning of this adventure. I only got an average of 0.00007637 BTC/24h, below the average for the first month (0.00008145 BTC/24h). So in total I only managed to mine a total of 0.00236757 BTC during August. But, I have to take into account that this month I took some breaks from mining, for maintenance and improvements to the computer. When mining on the same work PC, this has to be kept in mind.

The important thing is to look at the global scenario, and that I can say is being positive. Bitcoin is slowly increasing in value, which is the best way to go up to gain consistency, and I've already reached 73% of the goal. So, let's go on a good path!

Here's the graph of the week:


You can also consult the file with all the numbers (which already contains the most recent numbers) here.


September 12, 2021
GENERAL SITUATION POINT
This adventure started in April 2021, with the aim of using a GPU to mine the money invested in its purchase. Along the way, I added some extras, in order to see how they would go, which were the Chia and Theta projects. So I'm going to make a general situation review of this entire journey.

Let's start with the Theta project - a project that involves video streaming and encoding. "Mining" involves keeping the app open, making the PC available to process video and other platform content, and getting paid for the tasks performed. Since I started, until now, I've had an encoding job every day, getting a 0.16-0.18 Edge for that. Interestingly, from the 21st of August until the 12th of September, I did not receive any work. Even so, I'll keep the program open, since I don't feel performance degradation, I'll keep it running. So far I managed to mine about 6 EDGE.

The Chia project is interesting for its applied logic - space proof. It's not a new concept, but it's a different approach. Although the value of the coin is far from what it was when the project was launched, it has been an interesting experience. Since the official pool protocol came out, I have been mining the FazendaChia.pt pool - a Portuguese project, with servers in Europe and Brazil, which has a very interesting community, in which I am well involved. I took advantage of, some money earned in campaigns here on the forum, to acquire some external disks, to be able to mine this currency. Since the pool is not very big, sometimes it takes a while to find a block and that's why I haven't gained much, because I only have about 15TiB allocated to the project. Even so, every time a block drops, I get about 0.006 XCH. So far I've managed to mine about 0.125 XCH.

But the main thing is to mine with the GPU, using the NiceHash service, to recoup the initial investment. It has been an interesting adventure, always involving a lot of learning, and most importantly it has been above expectations. I have already managed to fulfill 76% of the goal, with a daily average since the beginning of 0.00008873 BTC/24h, above the initial provision. So, if everything continues at this rate, within 2 months I should reach the goal.

In this last week, I averaged 0.00007742 BTC/24h, with an average speed of 47.46 MH/s. Thus, maintaining a stable value, despite having already managed to have higher averages.



You can also consult the file with all the numbers (which already contains the most recent numbers) here.

^ VIEW TIMELINE ^

TO BE CONTINUED
October 03, 2021 - ANOTHER MONTH TO MINAR
October 10, 2021 - PROFITABILITY TO DECREASE

[joker_josue]

Post edited! Due to the reorganization of the topic this post has been edited. The original content of this post was just an announcement for new content.


October 03, 2021
ANOTHER MONTH TO MINAR
During most of the month of September, I was on vacation, but I left the PC running and mining, so as not to lose my rhythm. Since I wouldn't touch the PC during that period, I was wondering if I would feel any change in mining performance. But overall performance was the same, so PC usage or not doesn't end up affecting GPU mining performance - at least in my case.

Unfortunately the hash value in NiceHash has been going down, and that was reflected well this month of September. The daily average was 0.00007039 BTC/24h, the lowest average since I started this adventure, despite being within forecasts. If this pace continues, I believe the October average will be even lower. Based on this average, I managed to mine this in September, the total of 0.00211194 BTC, allowing to reach 84% of my objective, being predicting (according to the hash value), to reach the objective within 30~40 days.

You can also consult the file with all the numbers (which already contains the most recent numbers) here.

Regarding the Chia project, things went positively, and in the last month in the pool where I am, I have found an average of 1 block every 2/3 days. With the space allocated to the project, I have managed to get about 0.007~0.008 XCH/Bloco. I believe that in larger pools, I would earn less per block and in total I would earn less. Or if it were more, it wouldn't be a very significant difference.

As for the Theta project, I'm starting to feel a little disappointed. During the entire month of September, I only had one encoding job. Because of that, even though it was a month in which I had a very available PC, I didn't earn practically anything. If the situation doesn't change, I'll wait for the next payment for the work done so far, and then switch off the program. We'll see.


October 10, 2021
PROFITABILITY TO DECREASE
Yes, profitability continues to go down day by day. The hash value has devalued a lot in NiceHash. Reason? Well, I tried to research a little more about it, but I didn't find any specific reason. So I'm only looking at two possible reasons: there are fewer people buying hash power or there has been a significant increase in miners. This second option may even make some sense, given the increase in Bitcoin value in recent days.

NiceHash makes payments every 4 hours if the minimum earned is 0.00001 BTC. And this week, I had like 3 or 4 payments where I didn't make the minimum. The same number of times that had happened until now, since the beginning of this adventure. It has not been a positive day to achieve the proposed objective.

This week, I kept my average speed at 47.63 MH/s. But I only managed to average 0.00006278 BTC/24h, probably the weakest week since the beginning. Even in the first week of this adventure, with a lower speed and in the testing phase, I had greater profitability - 0.00006880 BTC/24h. I'm predicting that next week will be even weaker. On the positive side, I'm on the final stretch to reach the goal, although it will probably take longer than the 29-day forecast to complete.

Here's this week's chart:


You can also consult the file with all the numbers (which already contains the most recent numbers) here.

^ VIEW TIMELINE ^

TO BE CONTINUED
October 17, 2021 - WORST WEEK
October 31, 2021 - TWO WEEKS, DIFFERENT PROFITS

[nitin7]

Hello Guys,
I am a newbie and after doing whatever research I could, found a non-LHR version of RTX 3060 on Amazon. Paid about $1100 for it.
I set it up on a PCI e x16 slot on my motherboard and installed 470.05 drivers.
Started mining using Quick miner on nicehash and used all the default settings.
I have an HDMI monitor connected to it all the time.

Now, after several days of tweaking and playing around with it, I could only manage 24 mh/s. I want to be able to mine at 50 mh/s.
Can someone please help me and guide me on what I might be doing wrong?

Thanks in advance!
Nitin

[joker_josue]

I set it up on a PCI e x16 slot on my motherboard and installed 470.05 drivers.

The PCI-E 16x that the card is connected to, is it the main board, or is it an adapter?
Did you use the driver that I provide in the topic?


This can sometimes happen because Windows has updated the driver. Or the version you installed is not the beta version.

[nitin7]

I set it up on a PCI e x16 slot on my motherboard and installed 470.05 drivers.

The PCI-E 16x that the card is connected to, is it the main board, or is it an adapter?
Did you use the driver that I provide in the topic?


This can sometimes happen because Windows has updated the driver. Or the version you installed is not the beta version.

Thanks for responding.
GPU is directly installed on the motherboard (ASRock A320M-HDV R4.0 Motherboard (BIOS Updated for Ryzen 3rd Gen Processors) with 4 SATA3, 1 Ultra M.2 (PCIe Gen3 x4 & SATA3)).
I installed the driver from somewhere on the web before I found your post. But it is indeed 470.05. After installing the driver, when I open NVIDIA Control Panel, I can see the driver version as 470.05.

[joker_josue]

What is your GPU?
Do you have a link where you bought it?

[nitin7]

Here it is
GIGABYTE Nvidia GeForce RTX™ 3060 Gaming OC 12GB GDDR6 Graphics Card (GV-N3060GAMING OC-12GD)
https://www.amazon.in/GIGABYTE-GeForce-Graphics-GV-N3060GAMING-OC-12GD/dp/B08WB6R2K4/ref=sr_1_1?dchild=1&keywords=rtx+3060&qid=1626756956&sr=8-1

[joker_josue]

Here it is
GIGABYTE Nvidia GeForce RTX™ 3060 Gaming OC 12GB GDDR6 Graphics Card (GV-N3060GAMING OC-12GD)
https://www.amazon.in/GIGABYTE-GeForce-Graphics-GV-N3060GAMING-OC-12GD/dp/B08WB6R2K4/ref=sr_1_1?dchild=1&keywords=rtx+3060&qid=1626756956&sr=8-1

This model is equivalent to what I have.
This performance is really strange, if you have the drive and use it with the main GPU. 

I would suggest trying to reinstall everything from scratch.
Erase card drivers and everything connected to Nvidia. And re-install everything from the beginning.

[nitin7]

Hmm ok.
I will do that. I will set up Windows 10 on a different SSD (I already have one) and try setting it up again.
Will get back to you with my findings.

[nitin7]

Just built a new machine on a different set of motherboard, CPU, RAM, and clean installed Windows 10 on it.
Then removed GPU card from the old motherboard and installed it on the newly built system and then installed 470.05 from your link. Also, connected the HDMI monitor.
But, the result is still the same. I am getting only 23 to 24 MH/s when running Nicehash Quick Miner.

Any other ideas/suggestions would be greatly appreciated.
Thanks.

[joker_josue]

Any other ideas/suggestions would be greatly appreciated.
Thanks.

Sorry, I don't see any other reasons for this to continue to happen.
I didn't have any major problems, I was pretty much doing that and everything worked.

You already had the opportunity to see this video:
https://www.youtube.com/watch?v=f05JWe-cMoY

I hope it helps.

[nitin7]

Thanks, buddy for all your help. Tried everything and nothing seems to be working for me.
Looks like, I am in a soup.

I am trying to figure it out on my own and see if I can find something.
If you happen to stumble upon any new information, please do share it with me.

Thanks!

[joker_josue]

Post edited! Due to the reorganization of the topic this post has been edited. The original content of this post was just an announcement for new content.


October 17, 2021
WORST WEEK
This last week was the worst week ever, where everything went negative. At NiceHash, every 4h, payment is made if the accumulated amount exceeds 0.00001 BTC, and during that week, I received all payments every 8h (except for two or three occasions). In other words, I couldn't accumulate enough to receive every 4 hours. Afterwards, I still had a period of 3-4 hours without undermining, because my router blocked and I ran out of internet, something that had never happened to me. So, in a week I was having a low profitability, to gather a good number of hours without undermining, it was really a bad week. Of course I couldn't expect that everything would always go well. But down the stretch, things are getting tougher.

Since the average MH/s has remained the same, I started to ask myself why this drop in profitability. As explained in the NiceHash tutorials, this is due to the devaluation of the hash in the marketplace. Even so, I find it strange, at a time when Bitcoin is increasing in value, that there is such a devaluation. So I did an analysis of the numbers, since I started mining. I focused on the amount earned daily, which much of that period occurred with the Bitcoin value going down. And based on this analysis, I think there is a relationship between Bitcoin appreciation and NiceHash payments. He left here an analysis that I did, for your consideration:

I have 191 days of mining.
In just 37 days I received €3.5 or more, and all took place between April and May, with the exception of one day in August.
On the other days, I received an average of 2.74€.
This month, my daily average is 2.67€.
Note: These values are based on the corresponding Bitcoin value for each day.

In short, on average I receive practically the same amount in Euros since I started. In other words, there is no devaluation of the hash value, there is an increase in Bitcoin, which makes NiceHash adapt the value paid in BTC. As I'm counting the amount received in BTC and not in Euros, you get the idea that I'm receiving less. I'm actually getting less Bitcoin, but I continued to get the same in Euros. Of course this is just an analysis of my data, without any concrete evidence, not my opinion.

So, if I look at the amount in Euros received, I can say that I have already recovered the money, BUT what I want is to recover the Bitcoins spent, and in that sense I still need another month to get it. Therefore, this week I received an average of 0.00005544 BTC/24h, despite the internet failures, being 88% of the goal achieved.

Here's the graph from the hard week:


You can also consult the file with all the numbers (which already contains the most recent numbers) here.


October 31, 2021
TWO WEEKS, DIFFERENT PROFITS
Two weeks ago I had the worst week in terms of BTC profitability. Despite continuing to receive the same average value in Euros, the value in BTC was the lowest, as a result of the increase in Bitcoin value. But over these two weeks, the value of Bitcoin stopped rising significantly and became slightly more stable. This gradually increased the profitability of BTC slightly.

Thus, in the week after the worst, profitability was practically the same, with a daily average of 0.00005679 BTC/24h (in the worst week it was 0.00005544 BTC/24h). Here's the graph for this week:


But for the last two days of that week, he had felt some change, leaving him with the feeling that the following week would be better. And this is what happened. Profitability increased slightly, enough that practically every 4 hours it was able to receive payment, making the average to be 0.00006151 BTC/24h.


How are the accounts for the goal after these two weeks? Despite the month of October being the month in which I received less BTC (it was almost the same as in April - first month and incomplete), I have already managed to reach 93% of the proposed amount. If I keep this pace low, I expect to reach my goal within 15 to 20 days. I remind you that I am not accounting for the expense I have with electricity, I am assuming that investment expense.

You can also consult the file with all the numbers (which already contains the most recent numbers) here.

^ VIEW TIMELINE ^

TO BE CONTINUED
November 07, 2021 - LITTLE LESS

[joker_josue]

Post edited! Due to the reorganization of the topic this post has been edited. The original content of this post was just an announcement for new content.


November 07, 2021
LITTLE LESS
This last week, the hash value increased a little in NiceHash and it was possible to have a week almost within the gains in BTC that I had predicted when I started this adventure. As I intend to recover the amount in Bitcoin invested (0.01804625BTC), I can say that I have already recovered 0.01727097BTC. This means that only 0.00077528BTC is left. If I manage to maintain this average weekly gain, in 10 days I should be able to reach the goal. We will then see how the next two weeks go.

In the last week, the average speed was a little lower than normal, being 46.75 MH/s. And I had an average daily gain of 0.00006149 BTC/24h, which is not bad. Here is the graphic:


You can also consult the file with all the numbers (which already contains the most recent numbers) here.

^ VIEW TIMELINE ^

TO BE CONTINUED
November 14, 2021 - FINAL LINE

[joker_josue]

Post edited! Due to the reorganization of the topic this post has been edited. The original content of this post was just an announcement for new content.


November 14, 2021
FINAL LINE
I'm already in the final stretch of this adventure, which lasts for almost 8 months. It was initially expected to last 6/7 months, but the hash value has been decreasing over the past 3 months, causing the pace to slow down a bit. Even so, if all goes well and at this rate, I believe that within a week I will reach the goal of recovering the Bitcoins invested in the purchase of the GPU. The question that starts to be asked now is what to do after reaching the goal?

As long as you think about it, mining continues. This past week (which maybe I can now call: penultimate week), I had an average speed of 47.79 MH/s, and an average of 0.00005932 BTC/24h. Here is the graphic:


You can also consult the file with all the numbers (which already contains the most recent numbers) here.

^ VIEW TIMELINE ^

TO BE CONTINUED
November 21, 2021 - GOAL ACHIEVED > AND NEXT?

[joker_josue]

Post edited! Due to the reorganization of the topic this post has been edited. The original content of this post was just an announcement for new content.


November 21, 2021
GOAL ACHIEVED
After almost 8 months, more precisely 226 days, with more than 5000 hours of mining and 29 pages of this diary, I reached the goal! I spent/invested 0.01804625 BTC, at the beginning of April 2021, in the purchase of the Gigabyte GeForce RTX 3060 EAGLE OC 12GB board, and on November 20th 2020 managed to mine a total of 0.01807719 BTC.

Initially, he had planned to recover the Bitcoins invested in 6/7 months, and he didn't deviate much from these predictions, remaining in 7 and a half months. Maybe I would have done it in less than 2 or 3 weeks, if the hash value in NiceHash hadn't gone down a month ago. Even so, my daily average was 0.00007999 BTC/24h all along this route, above the expected 0.000006500 BTC/24h.

Over these months, the monthly average was 0.00225965 BTC/month. With the month of May 2021 being the best month, managing to mine this month 0.00364130 BTC. The worst month was October 2021 (not counting the first or the last month, which were not completed), achieving only 0.00180968 BTC.

Although I'm not counting the expenditure on electricity, the information is that the amount probably spent on energy (I can't be 100% sure) was around €100. All these numbers are available here.

I do not fail to present the graph of the week in which I reached the goal, where I had an average of 0.00005679 BTC/h:



AND NEXT?
Now the question arises: what comes next?
For now, I will solidify this gain and in the coming days maybe explore the idea of other forms of mining that may even be more profitable in the short term.

In relation to this diary?
Well, in advance, I thank everyone who has been following this adventure of mine, and I hope you enjoyed this report. Will I continue? Yes, as I still plan to do some things that might be interesting to report.

I thank everyone for the support you have given and continue to read my story. Doing this work, without your support, was not worth it, nor would it have been possible. So I want to thank everyone for reading. And I hope you continue to follow this diary of mine. Thank you very much.

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TO BE CONTINUED
November 28, 2021 - SEE NEW PLANS?