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Author Topic: Easiest Altcoin to Mine with least Electricity advice  (Read 508 times)
mexite
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October 26, 2021, 11:09:03 PM
 #21

It's hard to see any good altcoins to mine. As many tokens mostly operate the PoS mechanism rather PoW, it would be harder seeing a profitable one. So why don't you consider running a node for coins that are promising and barely new with few validators? Though you might have to buy some tokens to stake at first to contribute to the security of the platform
very_452001 (OP)
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November 08, 2021, 02:33:08 PM
 #22

What about Helium HNT guys?
FP91G
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November 11, 2021, 05:00:44 PM
 #23

What about Helium HNT guys?
Are you also from this sect?
https://bitcointalk.org/index.php?topic=5370304.0
Helium news is constantly published in this section, but I think that this has nothing to do with classic mining.
You can try, and then share your feedback with us, maybe miners will start doing the same after the end of Ethereum mining.
very_452001 (OP)
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November 11, 2021, 10:46:29 PM
 #24

What about Helium HNT guys?
Are you also from this sect?
https://bitcointalk.org/index.php?topic=5370304.0
Helium news is constantly published in this section, but I think that this has nothing to do with classic mining.
You can try, and then share your feedback with us, maybe miners will start doing the same after the end of Ethereum mining.

I don't care what mining it is whether its classic or whatever.
Ayyang
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November 12, 2021, 08:57:35 AM
Last edit: November 12, 2021, 12:55:41 PM by mprep
 #25

In my point of view now a days mining is less profitalbe . Staking option is best choose some best coins and invest on it... staking coins get for airdrop + GOOD APY... LIKE Terra, Sol etc



What about Helium HNT guys?

What about Terra (Luna) Netwokr and Solana Network. what do you say about these 2 coins plus network ?

[moderator's note: consecutive posts merged]
very_452001 (OP)
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November 12, 2021, 11:15:53 AM
 #26

What about Helium HNT guys?

What about Terra (Luna) Netwokr and Solana Network. what do you say about these 2 coins plus network ?

They both are POS staking networks not POW mining networks.
UniJo
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November 12, 2021, 11:26:04 AM
 #27

What about Helium HNT guys?

I'm very interested in HNT mining. They only problem is. There are no hotspots near me. Only 1 at 10km away. And the delivery times are going nuts. I don't want to buy something and get it delivered in 3 or 4 months. Maybe the crypro is crashing by that time.
FP91G
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November 12, 2021, 01:40:53 PM
 #28

What about Helium HNT guys?
Are you also from this sect?
https://bitcointalk.org/index.php?topic=5370304.0
Helium news is constantly published in this section, but I think that this has nothing to do with classic mining.
You can try, and then share your feedback with us, maybe miners will start doing the same after the end of Ethereum mining.

I don't care what mining it is whether its classic or whatever.
Then you need to study this site and order mining equipment
https://www.helium.com/mine
I don’t want to buy hardware for mining one coin only.
Each miner chooses equipment based on his experience and capabilities. I'd rather buy a new video card and put it in a mining farm, because I understand how it works.
very_452001 (OP)
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November 12, 2021, 06:15:27 PM
Last edit: November 23, 2021, 01:33:59 PM by mprep
 #29

What about Helium HNT guys?

I'm very interested in HNT mining. They only problem is. There are no hotspots near me. Only 1 at 10km away. And the delivery times are going nuts. I don't want to buy something and get it delivered in 3 or 4 months. Maybe the crypro is crashing by that time.

How do I check and see hotspots near me?

How you know delivery is 3-4 months for what device?



What about Helium HNT guys?
Are you also from this sect?
https://bitcointalk.org/index.php?topic=5370304.0
Helium news is constantly published in this section, but I think that this has nothing to do with classic mining.
You can try, and then share your feedback with us, maybe miners will start doing the same after the end of Ethereum mining.

I don't care what mining it is whether its classic or whatever.
Then you need to study this site and order mining equipment
https://www.helium.com/mine
I don’t want to buy hardware for mining one coin only.
Each miner chooses equipment based on his experience and capabilities. I'd rather buy a new video card and put it in a mining farm, because I understand how it works.

Just to confirm helium mining equipment doesn't use that much electricity correct? Video cards in a mining farm use a lot of electricity right?

[moderator's note: consecutive posts merged]
UniJo
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November 15, 2021, 06:57:45 AM
 #30

What about Helium HNT guys?

I'm very interested in HNT mining. They only problem is. There are no hotspots near me. Only 1 at 10km away. And the delivery times are going nuts. I don't want to buy something and get it delivered in 3 or 4 months. Maybe the crypro is crashing by that time.

How do I check and see hotspots near me?

How you know delivery is 3-4 months for what device?

You can use this site to see if there are hotspots near you : https://explorer.helium.com/

There are lots of hotspot devices that you can use. See the Helium site what devices you can use.

These hotpots use like 15 watts or so. So yes much less then a GPU mining farm which uses around 75 to 120 watts per card + all additional needed hardware.
jillscarbrough
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November 15, 2021, 10:53:44 AM
 #31

You can use this site to see if there are hotspots near you : https://explorer.helium.com/
.....

Pretty interesting!
I've read a few references about Helium, added it to my watchlist, and let's see how it will grow.


-

I'm very interested in HNT mining. They only problem is. There are no hotspots near me. Only 1 at 10km away. And the delivery times are going nuts. I don't want to buy something and get it delivered in 3 or 4 months. Maybe the crypro is crashing by that time.
-
How you know delivery is 3-4 months for what device?

One of the popular miners (Bobcat) takes 12-24 weeks for shipping.
Taken from Bobcatminer's order page:

Quote
1. Only send USDC on the ERC20 network
2. Deposit of wrong tokens, addresses, or networks cannot be recovered.     
3. Instruction on how to pay with Coinbase and Binance.
4. Estimated shipping time is 12-20 weeks from order date.
5. We cannot ship to a PO Box.
6. If you are new to Coinbase you MUST complete a KYC verification prior to starting your order. IF you complete the KYC during the order process it can lead to a delay in your payment. This can timeout the transaction and you will not receive an order confirmation.

But yeah, the upfront and operational cost is lower than GPUs rig(s) or ASICs.
very_452001 (OP)
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November 19, 2021, 12:17:59 AM
Last edit: November 23, 2021, 01:32:45 PM by mprep
 #32

What about Helium HNT guys?

I'm very interested in HNT mining. They only problem is. There are no hotspots near me. Only 1 at 10km away. And the delivery times are going nuts. I don't want to buy something and get it delivered in 3 or 4 months. Maybe the crypro is crashing by that time.

How do I check and see hotspots near me?

How you know delivery is 3-4 months for what device?

You can use this site to see if there are hotspots near you : https://explorer.helium.com/

There are lots of hotspot devices that you can use. See the Helium site what devices you can use.

These hotpots use like 15 watts or so. So yes much less then a GPU mining farm which uses around 75 to 120 watts per card + all additional needed hardware.

So hotspot is like a wireless router or access point. My wi-fi router is on all day doesn't use that much electricity so will a hotspot be similar in energy usage?



You can use this site to see if there are hotspots near you : https://explorer.helium.com/
.....

Pretty interesting!
I've read a few references about Helium, added it to my watchlist, and let's see how it will grow.


-

I'm very interested in HNT mining. They only problem is. There are no hotspots near me. Only 1 at 10km away. And the delivery times are going nuts. I don't want to buy something and get it delivered in 3 or 4 months. Maybe the crypro is crashing by that time.
-
How you know delivery is 3-4 months for what device?

One of the popular miners (Bobcat) takes 12-24 weeks for shipping.
Taken from Bobcatminer's order page:

Quote
1. Only send USDC on the ERC20 network
2. Deposit of wrong tokens, addresses, or networks cannot be recovered.     
3. Instruction on how to pay with Coinbase and Binance.
4. Estimated shipping time is 12-20 weeks from order date.
5. We cannot ship to a PO Box.
6. If you are new to Coinbase you MUST complete a KYC verification prior to starting your order. IF you complete the KYC during the order process it can lead to a delay in your payment. This can timeout the transaction and you will not receive an order confirmation.

But yeah, the upfront and operational cost is lower than GPUs rig(s) or ASICs.


Bobcat miner can mine HNT quicker at what energy usage?

[moderator's note: consecutive posts merged]
UniJo
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November 19, 2021, 06:52:45 AM
 #33

What about Helium HNT guys?

I'm very interested in HNT mining. They only problem is. There are no hotspots near me. Only 1 at 10km away. And the delivery times are going nuts. I don't want to buy something and get it delivered in 3 or 4 months. Maybe the crypro is crashing by that time.

How do I check and see hotspots near me?

How you know delivery is 3-4 months for what device?

You can use this site to see if there are hotspots near you : https://explorer.helium.com/

There are lots of hotspot devices that you can use. See the Helium site what devices you can use.

These hotpots use like 15 watts or so. So yes much less then a GPU mining farm which uses around 75 to 120 watts per card + all additional needed hardware.

So hotspot is like a wireless router or access point. My wi-fi router is on all day doesn't use that much electricity so will a hotspot be similar in energy usage?

True. From what i read it used not more than 20W And its connected wireless or wired and i even saw people connect it to 4G. You van also use a POE converter to make it wired with just one cable and place it for example in a outdoor box.
FP91G
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November 19, 2021, 05:01:50 PM
 #34

What about Helium HNT guys?
Are you also from this sect?
https://bitcointalk.org/index.php?topic=5370304.0
Helium news is constantly published in this section, but I think that this has nothing to do with classic mining.
You can try, and then share your feedback with us, maybe miners will start doing the same after the end of Ethereum mining.

I don't care what mining it is whether its classic or whatever.
Then you need to study this site and order mining equipment
https://www.helium.com/mine
I don’t want to buy hardware for mining one coin only.
Each miner chooses equipment based on his experience and capabilities. I'd rather buy a new video card and put it in a mining farm, because I understand how it works.

Just to confirm helium mining equipment doesn't use that much electricity correct? Video cards in a mining farm use a lot of electricity right?
Video cards are versatile, they can be used for mining and many other operations.
As long as the prices of cryptocurrencies are high, then video cards will be profitable.
I am not against mining Helium, but I see very big risks of making a profit when the time for a bear market comes.
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