Mining in Feb 2022

[Cuda911]

Mining profit is looking yummy still and ETH is looking bullish again, is mining back casue I thought we headed for bearish season already.

[Bitcoin_Arena]

It's still too early to conclude. Bearish season doesn't mean the price of Bitcoin or altcoins will always be dropping, minus any rise. In Bear Markets, there are small price spikes, such as the recent one.

Otherwise, grab the sweet profits right now if you can because it won't last longer.

[Metroid]

We are not in the bear market, bear market has no profit. This is still bull market even though profit has decreased significantly. You trolls will know when bear market starts.

[Daodex]

Can you handle earning 40cents from a GPU like 1660 super? That's what bear market looks like, presently this card still gives miners 1.5$ per day, the recent market recovery is just a normal retrace dips are still coming, my advice is do what you gotta do before it's too late.

[Piskeante]

Only dumb people start mining right now. Those guys deserve bankrupt , for ignorants.

The smartest thing to do right now is to do maths. Calculate how much money you are winning vs the amount of money you could make selling the mining RIG. And if you can make more money just selling, then do it, because once ETH goes PoS , every mining rig in the world that needs paid electricity to function, will have to shut down and sell at 50% of MSRP, even lower, because of the amount of millions of GPUS in sell.

Be smart. Sell the rig before it's too late.

[swogerino]

While bearish season may come at anytime this actual time where we are in is better to collect the coins we like.For example I like Bitcoin and I receive payouts in Bitcoin although I mine Ethereum,other people may like other coins and they get paid with that coin and if that is not possible you can always convert them in any exchange,my point is in the situation where we are right now keep collecting the more the better.I am also investing some of these profits into other small value coins like Shiba,FUN and DOGE just for fun as I am not a strict believer of such coins,my firm belief is only for Bitcoin.

[Zotak337]

Only dumb people start mining right now. Those guys deserve bankrupt , for ignorants.

The smartest thing to do right now is to do maths. Calculate how much money you are winning vs the amount of money you could make selling the mining RIG. And if you can make more money just selling, then do it, because once ETH goes PoS , every mining rig in the world that needs paid electricity to function, will have to shut down and sell at 50% of MSRP, even lower, because of the amount of millions of GPUS in sell.

Be smart. Sell the rig before it's too late.

Only dump people stop mining in bear market as that is still the perfect time for crypto mining, many claimed to be miners whereas they don't know what it takes to be one, you will earn 3 BTC in bear market if you are earning 1 BTC in bull market that's the logic.. a real miner should always be prepared to hold

[Metroid]

Only dump people stop mining in bear market as that is still the perfect time for crypto mining, many claimed to be miners whereas they don't know what it takes to be one, you will earn 3 BTC in bear market if you are earning 1 BTC in bull market that's the logic.. a real miner should always be prepared to hold

It was proven that the money you pay on electricity and things that need to be replaced if broken cost 65% more money than to just buy the coin you are mining and that is a fact, why you trolls cant understand that? The big winners are the ones who bought coins in the bear market. Bear market means negative profit, negative profit means you pay to mine and doing that you waste valuable time of your life that could have been properly spent on something important.

[FP91G]

Mining profit is looking yummy still and ETH is looking bullish again, is mining back casue I thought we headed for bearish season already.

lolMiner helps to increase profits on dual mining
https://bitcointalk.org/index.php?topic=5376439.msg59163579#msg59163579
If you have video captures, then I am for mining. But I am against buying video cards now, because they are still expensive. I'm waiting for the sale after the end of ethereum mining.

[Akyboy]

Mr FP91G,

What wallet are you using for TONCOIN?
Also, in bat file I see https://next.ton-pool.com as a toncoin pool, is this only/the best option so far?

Thanks!

[FP91G]

Mr FP91G,

What wallet are you using for TONCOIN?
Also, in bat file I see https://next.ton-pool.com as a toncoin pool, is this only/the best option so far?

Thanks!

It is better to first look at the statistics on this resource
https://miningpoolstats.stream/toncoin

wallets
https://ton.org/wallets

The number of coins that will be a reward for miners and the number of days until the end of mining
https://ton.org/mining

[devil2man]

I don't think the bear season has started again, eth is recovering quite well, i will still continue to mine even if i only have to make 40 cents a day since i don't pay the electric energy

[Piskeante]

Only dump people stop mining in bear market as that is still the perfect time for crypto mining, many claimed to be miners whereas they don't know what it takes to be one, you will earn 3 BTC in bear market if you are earning 1 BTC in bull market that's the logic.. a real miner should always be prepared to hold

It was proven that the money you pay on electricity and things that need to be replaced if broken cost 65% more money than to just buy the coin you are mining and that is a fact, why you trolls cant understand that? The big winners are the ones who bought coins in the bear market. Bear market means negative profit, negative profit means you pay to mine and doing that you waste valuable time of your life that could have been properly spent on something important.

The most interesting thing that thay guy doesn't know, is that i've been mining since late 2017 and while bear market i closed 50% of my rigs because i couldn't afford paying the electricity of all my gear.

This guys know nothing. They will just get obliterated after ETH goes PoS and then they will cry, because they believe mining will survive. These ignorants that are still investing on this dead business just deserve what they will get.

[DevFile90]

I don't think the bear season has started again, eth is recovering quite well, i will still continue to mine even if i only have to make 40 cents a day since i don't pay the electric energy

So who is really paying the electricity energy bill? Someone have to, hope you aren't using electricity illegally because I've seen people's mining farm taken away because of illegal use of electricity and got arrested too, electricity isn't for free.

[arbifahrozy]

8 GPUs
4X 3070 Non-LHR
3X 5700xt
1X 3080 Non-LHR
Together they make 507MH/s
It makes me $20.05 per day and $601.49 per month. Power cost per day is $4.76 and a total of $142.70 per month this is ETH mining

[Akyboy]

35x 3070
3x 580

Still mining around ~1ETH per month
Electricity - 13c = $450 per month (Canadian)

Recently, I switched some cards to dual mine ETH + TON

Going strong here

[FP91G]

8 GPUs
4X 3070 Non-LHR
3X 5700xt
1X 3080 Non-LHR
Together they make 507MH/s
It makes me $20.05 per day and $601.49 per month. Power cost per day is $4.76 and a total of $142.70 per month this is ETH mining

How long have you been mining?
Have you paid off your investment in your equipment or not yet?
You have a good profit now, but if Ethereum mining stops in Q2 2022, then at your cost of electricity, you may have a loss. Therefore, you spend 1/6 of the profit on paying for electricity