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Author Topic: BEST MINING OPTION FOR 500W ?  (Read 212 times)
desouza420 (OP)
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May 23, 2022, 09:03:08 PM
 #1

Hello guys
If you had a free 500w /h what crypto will you be mining?
i will install some solar power on my room and i calculate that i will have about 500w /h free and i intent to use these watts for mining
what would be the best option for me?
i am a newbie when comes to mining
is monero or z cash still profitable? would an antminer x3 500w will be a good option for me?
thank you in advance
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May 23, 2022, 11:19:50 PM
 #2

Hello guys
If you had a free 500w /h what crypto will you be mining?
i will install some solar power on my room and i calculate that i will have about 500w /h free and i intent to use these watts for mining
what would be the best option for me?
i am a newbie when comes to mining
is monero or z cash still profitable? would an antminer x3 500w will be a good option for me?
thank you in advance

I think if you’re expecting solar power to run your miners you have a lot to learn. The amount of batteries you would need to keep it going through the night or cloudy days would be so much that it isn’t even worth mentioning that you plan to install solar. It’s nice to have solar to help with long term electricity costs, but it’s really more of a home choice than an addition to a home mining setup. Even if you spend nearly $50K on your solar setup like I did, it would still barely power a small mining setup.

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Takyeon
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May 24, 2022, 05:22:03 AM
 #3

If 500watt is what your solar panel can provide it will be stupid to use 500watt machine on it because

1. Sun isn't going to be stable, there will be fluctuations.
2. You will need to recharge your backup batteries.

A 500W solar setup is for a 250watt load max, if your mining machine is going to use 500watt go with a 1000watt solar setup..
desouza420 (OP)
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May 24, 2022, 05:28:58 AM
 #4

Hello guys
If you had a free 500w /h what crypto will you be mining?
i will install some solar power on my room and i calculate that i will have about 500w /h free and i intent to use these watts for mining
what would be the best option for me?
i am a newbie when comes to mining
is monero or z cash still profitable? would an antminer x3 500w will be a good option for me?
thank you in advance

I think if you’re expecting solar power to run your miners you have a lot to learn. The amount of batteries you would need to keep it going through the night or cloudy days would be so much that it isn’t even worth mentioning that you plan to install solar. It’s nice to have solar to help with long term electricity costs, but it’s really more of a home choice than an addition to a home mining setup. Even if you spend nearly $50K on your solar setup like I did, it would still barely power a small mining setup.
for the sake of conversation lets say that i have already install them (i am not going to pay for that , there is a funding program running right now in my country that covers 85% of the cost installing solar panels on your homes aiming to have electric autonomy provided by EU)
desouza420 (OP)
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May 24, 2022, 05:35:07 AM
 #5

If 500watt is what your solar panel can provide it will be stupid to use 500watt machine on it because

1. Sun isn't going to be stable, there will be fluctuations.
2. You will need to recharge your backup batteries.

A 500W solar setup is for a 250watt load max, if your mining machine is going to use 500watt go with a 1000watt solar setup..
the panel will be 10.000kWat
i calculated that i will have about 500w per hour annually that i can spend so i decided to run a miner
Takyeon
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May 24, 2022, 05:35:49 AM
 #6

Hello guys
If you had a free 500w /h what crypto will you be mining?
i will install some solar power on my room and i calculate that i will have about 500w /h free and i intent to use these watts for mining
what would be the best option for me?
i am a newbie when comes to mining
is monero or z cash still profitable? would an antminer x3 500w will be a good option for me?
thank you in advance

I think if you’re expecting solar power to run your miners you have a lot to learn. The amount of batteries you would need to keep it going through the night or cloudy days would be so much that it isn’t even worth mentioning that you plan to install solar. It’s nice to have solar to help with long term electricity costs, but it’s really more of a home choice than an addition to a home mining setup. Even if you spend nearly $50K on your solar setup like I did, it would still barely power a small mining setup.
for the sake of conversation lets say that i have already install them (i am not going to pay for that , there is a funding program running right now in my country that covers 85% of the cost installing solar panels on your homes aiming to have electric autonomy provided by EU)
A single 3070Ti is a perfect fit for your setup, this GPU gives 82MH using 193watt in miner and 230watt from wall.
Takyeon
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May 24, 2022, 05:44:40 AM
 #7

If 500watt is what your solar panel can provide it will be stupid to use 500watt machine on it because

1. Sun isn't going to be stable, there will be fluctuations.
2. You will need to recharge your backup batteries.

A 500W solar setup is for a 250watt load max, if your mining machine is going to use 500watt go with a 1000watt solar setup..
the panel will be 10.000kWat
i calculated that i will have about 500w per hour annually that i can spend so i decided to run a miner
Ok then go for it.
desouza420 (OP)
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May 24, 2022, 05:47:09 AM
 #8

Hello guys
If you had a free 500w /h what crypto will you be mining?
i will install some solar power on my room and i calculate that i will have about 500w /h free and i intent to use these watts for mining
what would be the best option for me?
i am a newbie when comes to mining
is monero or z cash still profitable? would an antminer x3 500w will be a good option for me?
thank you in advance

I think if you’re expecting solar power to run your miners you have a lot to learn. The amount of batteries you would need to keep it going through the night or cloudy days would be so much that it isn’t even worth mentioning that you plan to install solar. It’s nice to have solar to help with long term electricity costs, but it’s really more of a home choice than an addition to a home mining setup. Even if you spend nearly $50K on your solar setup like I did, it would still barely power a small mining setup.
for the sake of conversation lets say that i have already install them (i am not going to pay for that , there is a funding program running right now in my country that covers 85% of the cost installing solar panels on your homes aiming to have electric autonomy provided by EU)
A single 3070Ti is a perfect fit for your setup, this GPU gives 82MH using 193watt in miner and 230watt from wall.
to mine ethash algorithm?
BitKongy
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May 24, 2022, 05:53:39 AM
 #9

Hello guys
If you had a free 500w /h what crypto will you be mining?
i will install some solar power on my room and i calculate that i will have about 500w /h free and i intent to use these watts for mining
what would be the best option for me?
i am a newbie when comes to mining
is monero or z cash still profitable? would an antminer x3 500w will be a good option for me?
thank you in advance

I think if you’re expecting solar power to run your miners you have a lot to learn. The amount of batteries you would need to keep it going through the night or cloudy days would be so much that it isn’t even worth mentioning that you plan to install solar. It’s nice to have solar to help with long term electricity costs, but it’s really more of a home choice than an addition to a home mining setup. Even if you spend nearly $50K on your solar setup like I did, it would still barely power a small mining setup.
for the sake of conversation lets say that i have already install them (i am not going to pay for that , there is a funding program running right now in my country that covers 85% of the cost installing solar panels on your homes aiming to have electric autonomy provided by EU)
A single 3070Ti is a perfect fit for your setup, this GPU gives 82MH using 193watt in miner and 230watt from wall.
to mine ethash algorithm?
The most effective Asic miners takes more than 500watt from the wall, in your own case Asic is a bad idea, go for graphic cards, like RX6600XT, four pieces of this cards will give you 120MH using 240watt from wall, better than what @Takyeon suggested, 8x of 6600XT will use 500watt and you will get 240MH..
desouza420 (OP)
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May 24, 2022, 06:36:39 AM
 #10

Hello guys
If you had a free 500w /h what crypto will you be mining?
i will install some solar power on my room and i calculate that i will have about 500w /h free and i intent to use these watts for mining
what would be the best option for me?
i am a newbie when comes to mining
is monero or z cash still profitable? would an antminer x3 500w will be a good option for me?
thank you in advance

I think if you’re expecting solar power to run your miners you have a lot to learn. The amount of batteries you would need to keep it going through the night or cloudy days would be so much that it isn’t even worth mentioning that you plan to install solar. It’s nice to have solar to help with long term electricity costs, but it’s really more of a home choice than an addition to a home mining setup. Even if you spend nearly $50K on your solar setup like I did, it would still barely power a small mining setup.
for the sake of conversation lets say that i have already install them (i am not going to pay for that , there is a funding program running right now in my country that covers 85% of the cost installing solar panels on your homes aiming to have electric autonomy provided by EU)
A single 3070Ti is a perfect fit for your setup, this GPU gives 82MH using 193watt in miner and 230watt from wall.
to mine ethash algorithm?
The most effective Asic miners takes more than 500watt from the wall, in your own case Asic is a bad idea, go for graphic cards, like RX6600XT, four pieces of this cards will give you 120MH using 240watt from wall, better than what @Takyeon suggested, 8x of 6600XT will use 500watt and you will get 240MH..
and what do you suggest to aim with 240MH/s?  ethash or others?
JangoUnchained
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May 24, 2022, 07:07:44 AM
 #11

Hello guys
If you had a free 500w /h what crypto will you be mining?
i will install some solar power on my room and i calculate that i will have about 500w /h free and i intent to use these watts for mining
what would be the best option for me?
i am a newbie when comes to mining
is monero or z cash still profitable? would an antminer x3 500w will be a good option for me?
thank you in advance

I think if you’re expecting solar power to run your miners you have a lot to learn. The amount of batteries you would need to keep it going through the night or cloudy days would be so much that it isn’t even worth mentioning that you plan to install solar. It’s nice to have solar to help with long term electricity costs, but it’s really more of a home choice than an addition to a home mining setup. Even if you spend nearly $50K on your solar setup like I did, it would still barely power a small mining setup.
for the sake of conversation lets say that i have already install them (i am not going to pay for that , there is a funding program running right now in my country that covers 85% of the cost installing solar panels on your homes aiming to have electric autonomy provided by EU)
A single 3070Ti is a perfect fit for your setup, this GPU gives 82MH using 193watt in miner and 230watt from wall.
to mine ethash algorithm?
The most effective Asic miners takes more than 500watt from the wall, in your own case Asic is a bad idea, go for graphic cards, like RX6600XT, four pieces of this cards will give you 120MH using 240watt from wall, better than what @Takyeon suggested, 8x of 6600XT will use 500watt and you will get 240MH..
and what do you suggest to aim with 240MH/s?  ethash or others?
Ethereum still remains the most profitable coin to mine with graphic cards till this day, it's left for you to choose and there are other coins you can mine after Ethereum abandon proof of work probably by this August 2020.

FloppyPurpleGherkin
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May 24, 2022, 08:00:52 AM
 #12

Hello guys
If you had a free 500w /h what crypto will you be mining?
i will install some solar power on my room and i calculate that i will have about 500w /h free and i intent to use these watts for mining
what would be the best option for me?
i am a newbie when comes to mining
is monero or z cash still profitable? would an antminer x3 500w will be a good option for me?
thank you in advance

I think if you’re expecting solar power to run your miners you have a lot to learn. The amount of batteries you would need to keep it going through the night or cloudy days would be so much that it isn’t even worth mentioning that you plan to install solar. It’s nice to have solar to help with long term electricity costs, but it’s really more of a home choice than an addition to a home mining setup. Even if you spend nearly $50K on your solar setup like I did, it would still barely power a small mining setup.
for the sake of conversation lets say that i have already install them (i am not going to pay for that , there is a funding program running right now in my country that covers 85% of the cost installing solar panels on your homes aiming to have electric autonomy provided by EU)
A single 3070Ti is a perfect fit for your setup, this GPU gives 82MH using 193watt in miner and 230watt from wall.
to mine ethash algorithm?
The most effective Asic miners takes more than 500watt from the wall, in your own case Asic is a bad idea, go for graphic cards, like RX6600XT, four pieces of this cards will give you 120MH using 240watt from wall, better than what @Takyeon suggested, 8x of 6600XT will use 500watt and you will get 240MH..
and what do you suggest to aim with 240MH/s?  ethash or others?
Ethereum still remains the most profitable coin to mine with graphic cards till this day, it's left for you to choose and there are other coins you can mine after Ethereum abandon proof of work probably by this August 2020.

Cheesy
devil2man
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May 24, 2022, 10:45:09 AM
 #13

If you have stable 500w from solar panels you still need a bigger power supply at least a 750W i personally would still opt for eth mining with some powerful gpu
desouza420 (OP)
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May 24, 2022, 11:41:14 AM
 #14

If you have stable 500w from solar panels you still need a bigger power supply at least a 750W i personally would still opt for eth mining with some powerful gpu
yes but will this be long term? in August there will be merge of ETH 1.0 and ETH 2.0 to ETH 3.0
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May 25, 2022, 10:03:44 AM
 #15

If you have stable 500w from solar panels you still need a bigger power supply at least a 750W i personally would still opt for eth mining with some powerful gpu
yes but will this be long term? in August there will be merge of ETH 1.0 and ETH 2.0 to ETH 3.0
When it will no longer be possible to mine eth you can switch to other altcoins, with less profit it is true but the alternatives there are some examples ergo, ravencoin, ton, etc
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May 25, 2022, 11:35:26 AM
 #16

If you have stable 500w from solar panels you still need a bigger power supply at least a 750W i personally would still opt for eth mining with some powerful gpu
yes but will this be long term? in August there will be merge of ETH 1.0 and ETH 2.0 to ETH 3.0
The end of ETH mining isn't the end of crypto mining but if ETH mining is your main aim then do not build any mining rig because Ethereum is surely going PoS algorithm by August of this year.
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May 25, 2022, 12:34:05 PM
 #17

If you have stable 500w from solar panels you still need a bigger power supply at least a 750W i personally would still opt for eth mining with some powerful gpu
yes but will this be long term? in August there will be merge of ETH 1.0 and ETH 2.0 to ETH 3.0
Do not buy expensive video cards now, because you will not be able to recoup them and prices are constantly falling. It's better to buy a cheap graphics card like a Rx 470 if you want to try mining. But now is not the best time to invest in mining.

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desouza420 (OP)
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May 25, 2022, 03:23:27 PM
 #18

If you have stable 500w from solar panels you still need a bigger power supply at least a 750W i personally would still opt for eth mining with some powerful gpu
yes but will this be long term? in August there will be merge of ETH 1.0 and ETH 2.0 to ETH 3.0
When it will no longer be possible to mine eth you can switch to other altcoins, with less profit it is true but the alternatives there are some examples ergo, ravencoin, ton, etc
why everybody is talking about ravencoin since it costs 0.03 cents? do i miss anything here?
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May 26, 2022, 03:17:27 PM
 #19

If you have stable 500w from solar panels you still need a bigger power supply at least a 750W i personally would still opt for eth mining with some powerful gpu
yes but will this be long term? in August there will be merge of ETH 1.0 and ETH 2.0 to ETH 3.0
When it will no longer be possible to mine eth you can switch to other altcoins, with less profit it is true but the alternatives there are some examples ergo, ravencoin, ton, etc
why everybody is talking about ravencoin since it costs 0.03 cents? do i miss anything here?
Ravencoin (RVN) is an old coin and one of the forks of bitcoin. At that time, it was fashionable to fork bitcoin. It is not the price of the coin that matters, but the profit. But this coin will not save the situation with mining after the end of ethereum mining.

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desouza420 (OP)
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May 26, 2022, 04:58:33 PM
 #20

If you have stable 500w from solar panels you still need a bigger power supply at least a 750W i personally would still opt for eth mining with some powerful gpu
yes but will this be long term? in August there will be merge of ETH 1.0 and ETH 2.0 to ETH 3.0
When it will no longer be possible to mine eth you can switch to other altcoins, with less profit it is true but the alternatives there are some examples ergo, ravencoin, ton, etc
why everybody is talking about ravencoin since it costs 0.03 cents? do i miss anything here?
Ravencoin (RVN) is an old coin and one of the forks of bitcoin. At that time, it was fashionable to fork bitcoin. It is not the price of the coin that matters, but the profit. But this coin will not save the situation with mining after the end of ethereum mining.

can you explain how a so cheap coin gives profit?you mean its easy to mine MASSIVE amounts of this coin and the sell it or exchange it?
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