rdluffy (OP)
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After this very turbulent year, what are your plans for the coming year?
I had to sell most of my gpus, I managed to sell for a reasonable price, it wasn't at the peak, but it was good. The price of electricity increased, the ETH POW ended, and the price plummeted. But I have already witnessed these market changes and I know that things can change quickly, new minable coins can emerge, prices can skyrocket and we have to stay alert to catch the best timing possible.
Here I still have my PSUs, processors, risers and more, ready for a possible comeback. I'm following the 4080 and look forward to see how much the RTX 4060 Ti will cost. I don't have any RTX 4xxx series yet.
And another important thing I learned in the market: always have a plan, optimistic and pessimistic, so you can take better advantage of the market. Without a plan you can end up with a bag of worthless coins and/or be left out of a good opportunity.
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| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
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swogerino
Legendary
Online
Activity: 3262
Merit: 1244
"Play Poker on Telegram"
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December 19, 2022, 02:27:19 PM |
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After this very turbulent year, what are your plans for the coming year?
I had to sell most of my gpus, I managed to sell for a reasonable price, it wasn't at the peak, but it was good. The price of electricity increased, the ETH POW ended, and the price plummeted. But I have already witnessed these market changes and I know that things can change quickly, new minable coins can emerge, prices can skyrocket and we have to stay alert to catch the best timing possible.
Here I still have my PSUs, processors, risers and more, ready for a possible comeback. I'm following the 4080 and look forward to see how much the RTX 4060 Ti will cost. I don't have any RTX 4xxx series yet.
And another important thing I learned in the market: always have a plan, optimistic and pessimistic, so you can take better advantage of the market. Without a plan you can end up with a bag of worthless coins and/or be left out of a good opportunity.
I am following only two coins ETHW and RTM-Raptoreum a CPU mineable coin,beside working when I have time in some sites and get paid in Litecoin,I am mining those two coins,it is mostly a gamble but in our time now I don't see any better gamble than ETHW for GPU-s and RTM for CPU-s so I am accumulating as much as I can no matter how things end up after sometime. I believe in the most pessimistic of happenings that RTM will surely hit at least 0.50-1 USD in the next bull run and until then I hope to have about 250.000 of them or a minimum of 100.000 for sure,for ETHW I just mine blindly as there is nothing else left to do but this is my plan in such bad times.
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FP91G
Legendary
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Activity: 1750
Merit: 1077
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December 21, 2022, 11:12:18 AM |
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After this very turbulent year, what are your plans for the coming year?
I had to sell most of my gpus, I managed to sell for a reasonable price, it wasn't at the peak, but it was good. The price of electricity increased, the ETH POW ended, and the price plummeted. But I have already witnessed these market changes and I know that things can change quickly, new minable coins can emerge, prices can skyrocket and we have to stay alert to catch the best timing possible.
Here I still have my PSUs, processors, risers and more, ready for a possible comeback. I'm following the 4080 and look forward to see how much the RTX 4060 Ti will cost. I don't have any RTX 4xxx series yet.
And another important thing I learned in the market: always have a plan, optimistic and pessimistic, so you can take better advantage of the market. Without a plan you can end up with a bag of worthless coins and/or be left out of a good opportunity.
I turned off the equipment and wait for a new opportunity. Most old graphics cards will probably not be much inferior in profit to new graphics cards like RTX 4060. My plus is that I will turn my equipment back on if mining is profitable. The maximum investment is a new SIM card for the Internet. My equipment has already paid for itself. But new miners will need to buy new video cards again.
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█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
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Crypt0Gore
Sr. Member
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December 22, 2022, 08:15:37 AM |
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I still mine Ethereum Pow using a few gtx 1660 super and Ti, what choices do I have? Since I am no more running on Grid power it makes no sense to turn off the rigs when the sunlight is up, it's a total waste. Once the sun goes down I always turn the rigs off.
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FP91G
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December 22, 2022, 10:07:07 AM |
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I still mine Ethereum Pow using a few gtx 1660 super and Ti, what choices do I have? Since I am no more running on Grid power it makes no sense to turn off the rigs when the sunlight is up, it's a total waste. Once the sun goes down I always turn the rigs off.
Show an important hourly schedule for the generation of electricity by solar panels. This is not a constant value. There is much less electricity generated at 7:00 am than at 1:00 pm. How many hours a day do your mining farms work and where does the extra electricity come from in cloudy weather?
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█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
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OgNasty
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Merit: 4576
Leading Crypto Sports Betting & Casino Platform
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December 22, 2022, 05:49:02 PM |
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My plan is to do it all. Mine shitcoins (and immediately trade them for bitcoins). Mine Bitcoin directly. Stack sats though whatever programs are available to me. Continue earning bitcoins by participating in advertising campaigns, selling goods, and performing freelance work. Buy BTC and remove them from exchanges as I'm able. Continue to grow traditional assets to build a passive income source to continue buying BTC. Spread the word to others that we're at the low end of the 4 year cycle and it's time to buy again before everyone else.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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badbart
Member
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December 23, 2022, 01:07:11 AM |
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Selling GPUs and buying ASICs. I don't see any GPU mineable coin that could absorb a large amount of hash like ETH. Also holding/buying coin. Of course if anything changes I'll change, bend with the wind go with the flow.
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Crypt0Gore
Sr. Member
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December 23, 2022, 11:03:07 AM |
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I still mine Ethereum Pow using a few gtx 1660 super and Ti, what choices do I have? Since I am no more running on Grid power it makes no sense to turn off the rigs when the sunlight is up, it's a total waste. Once the sun goes down I always turn the rigs off.
Show an important hourly schedule for the generation of electricity by solar panels. This is not a constant value. There is much less electricity generated at 7:00 am than at 1:00 pm. How many hours a day do your mining farms work and where does the extra electricity come from in cloudy weather? By 8 am in the morning I already have 1200 watts available and by 1pm I am always at 5600watt in a not too sunny days , my setup is 6000 watt combined and my graphic cards don't consume much energy, I have been running the rigs since 2022 January, I don't bother you mine at night I use the backup for other thing, not worth running on battery since it's not even profitable.
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hymperion
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December 23, 2022, 11:08:33 AM |
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thousands of dollars of gpu extracting pennies. it is not advisable to keep them on even at 0 cost.
Better to keep or sell the hardware.
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swogerino
Legendary
Online
Activity: 3262
Merit: 1244
"Play Poker on Telegram"
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December 23, 2022, 12:47:51 PM |
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thousands of dollars of gpu extracting pennies. it is not advisable to keep them on even at 0 cost.
Better to keep or sell the hardware.
You can mine coins with low difficulty like ETHW and ETF from the Ethash algorithm or other new emerging coins,these maybe considered a gamble right now but I am confident in the future it can be a life changing event if these coins go x100 or more in price than the actual price they have now. I know many people will say buy the coins but like I have always contradict that I will still do as it is much better to mine the coins as you are daily exposed to the market rather than buying the coins and occasionally see what is going on in the market,I know from personal experience that when I am mining I check daily what is going on and in the rare,very rare cases I bought coins I did not get that interested in what was happening as often as I do in mining,that is why for me is better to mine the coins.
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FP91G
Legendary
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Activity: 1750
Merit: 1077
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December 24, 2022, 01:28:16 PM |
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I still mine Ethereum Pow using a few gtx 1660 super and Ti, what choices do I have? Since I am no more running on Grid power it makes no sense to turn off the rigs when the sunlight is up, it's a total waste. Once the sun goes down I always turn the rigs off.
Show an important hourly schedule for the generation of electricity by solar panels. This is not a constant value. There is much less electricity generated at 7:00 am than at 1:00 pm. How many hours a day do your mining farms work and where does the extra electricity come from in cloudy weather? By 8 am in the morning I already have 1200 watts available and by 1pm I am always at 5600watt in a not too sunny days , my setup is 6000 watt combined and my graphic cards don't consume much energy, I have been running the rigs since 2022 January, I don't bother you mine at night I use the backup for other thing, not worth running on battery since it's not even profitable. How do you mining? Do you turn on the mining farm at 1200 watts at 8 o'clock in the morning, and turn on additional equipment as the power increases? I understand that batteries and the installation to charge them are very expensive and I don't think the investment will pay off.
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█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
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rdluffy (OP)
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December 25, 2022, 12:50:11 PM |
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I am following only two coins ETHW and RTM-Raptoreum a CPU mineable coin,beside working when I have time in some sites and get paid in Litecoin,I am mining those two coins,it is mostly a gamble but in our time now I don't see any better gamble than ETHW for GPU-s and RTM for CPU-s so I am accumulating as much as I can no matter how things end up after sometime.
I believe in the most pessimistic of happenings that RTM will surely hit at least 0.50-1 USD in the next bull run and until then I hope to have about 250.000 of them or a minimum of 100.000 for sure,for ETHW I just mine blindly as there is nothing else left to do but this is my plan in such bad times.
Interesting, I didn't try ETHW. The cpu I'm using right now (Ryzen 5900x) I bought to mine Raptoreum, but I didn't like the results, so I'm not using my CPU to mine anymore. Do you expect a pump on RTM coin or there is good development happening? Right now the price is $0.001805 I turned off the equipment and wait for a new opportunity. Most old graphics cards will probably not be much inferior in profit to new graphics cards like RTX 4060. My plus is that I will turn my equipment back on if mining is profitable. The maximum investment is a new SIM card for the Internet. My equipment has already paid for itself. But new miners will need to buy new video cards again.
Old gpus will be inferior in profits, but if we get a bull run + a mineable coin pumping, maybe we'll have a chance, like until last year people were making profits with Polaris cards, 2 generations older. It's a pain to buy all the cards again, and hard to predict when to buy, but last time I was lucky, I bought at good time, I paid MSRP prices, mined some time, and I was able to sell most of my cards in profits. That was a time when I sold some cards because the profits I had I would need to spend 1 year mining, so I prefer to sell and have some cash in my pockets ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) By 8 am in the morning I already have 1200 watts available and by 1pm I am always at 5600watt in a not too sunny days , my setup is 6000 watt combined and my graphic cards don't consume much energy, I have been running the rigs since 2022 January, I don't bother you mine at night I use the backup for other thing, not worth running on battery since it's not even profitable.
Interesting approach. Isn't it a lot of work to turn the rig on and off every day? Do you let the rig turn itself off when the power goes out, or do you turn it off yourself?
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swogerino
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December 25, 2022, 08:45:48 PM |
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Interesting, I didn't try ETHW. The cpu I'm using right now (Ryzen 5900x) I bought to mine Raptoreum, but I didn't like the results, so I'm not using my CPU to mine anymore. Do you expect a pump on RTM coin or there is good development happening? Right now the price is $0.001805
I believe the team behind the project is a really good one and that is not only my opinion but many crypto enthusiasts think that they have the capability of doing so.They have promised us at least 2-3 programming languages on top of RTM where developers will be able to build apps and that when it is going to be implemented I think that the price should directly pass that ridiculous amount that is now and should be about 0.10 dollars as a minimum. And my personal advice to you is that not using a 5900x to mine RTM is not a good option,keep in mind that as computer parts the processors are the ones who almost never fail no matter how hard you go on them,so you are missing out of a lot of RTM by not mining with it.
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fmz89
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December 27, 2022, 09:35:16 AM |
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From june 2022 already shutdown all my gpus and wont sell it. New gpu wont leap performance in mining hashrate. They only focused in gaming performance, so old gpus still doing fine in next bullrun, but i don’t expect more profitable than last cycle, many gpu mineable will fade away cause electric concern, but yeah at current market 3000 series really cheap, might get some later in the road, scalp trading like hot potatoes is the best i can do for now…
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swogerino
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December 27, 2022, 12:37:28 PM |
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From june 2022 already shutdown all my gpus and wont sell it. New gpu wont leap performance in mining hashrate. They only focused in gaming performance, so old gpus still doing fine in next bullrun, but i don’t expect more profitable than last cycle, many gpu mineable will fade away cause electric concern, but yeah at current market 3000 series really cheap, might get some later in the road, scalp trading like hot potatoes is the best i can do for now…
Why shutdown your rigs when you believe in the next bull run,why not take profit by mining for a couple of months some low difficulty coins like EthereumFair or EthereumPow and leave them standing,if the next bull run will bring really good price for Bitcoin which I personally believe it will be in the 100.000 mark without a doubt this time,I can only imagine these mentioned coins here at least 200-500 dollars each,so why not taking profit from such opportunity. Even if energy is expensive,for just a couple of months I think we can afford it,to mine at a loss or you can buy the coins if you don't feel like mining.
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rdluffy (OP)
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December 27, 2022, 09:24:04 PM |
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I believe the team behind the project is a really good one and that is not only my opinion but many crypto enthusiasts think that they have the capability of doing so.They have promised us at least 2-3 programming languages on top of RTM where developers will be able to build apps and that when it is going to be implemented I think that the price should directly pass that ridiculous amount that is now and should be about 0.10 dollars as a minimum.
And my personal advice to you is that not using a 5900x to mine RTM is not a good option,keep in mind that as computer parts the processors are the ones who almost never fail no matter how hard you go on them,so you are missing out of a lot of RTM by not mining with it.
Good to know that, I'll research more about RTM development. Which processor are you using for mining? How about the CPU fan? As I said I have a Ryzen 5900x, and I'm using a Deepcool Gammaxx 400 V2, it's an air cooler, but I think it's not good enough to keep running 24h mining, this cpu is not so easy to keep cool. I agree when you said about the lifespan of CPU. I've never had any problems with any CPU, never
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Daltonik
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December 28, 2022, 09:31:47 AM |
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I have already purchased RTX 4090, so I don't really expect surprises in 2023 for myself in terms of acquiring future Nvidia cards, if only to expect the release of RTX 4090Ti, it was interesting to see what they would do.
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joker_josue
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December 28, 2022, 09:47:10 AM |
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Even if energy is expensive,for just a couple of months I think we can afford it,to mine at a loss or you can buy the coins if you don't feel like mining.
If the person really wants to make this type of investment, it might be an idea. Now the person has to check whether the money spent on energy would not be better spent on buying Bitcoin. I unfortunately had to take a break from mining, as the rising cost of energy in Portugal is high and does not make up for mining. Even so, if the market remains more or less the same as it is now, in the spring it may make some incursions into mining, at least to accumulate some coins from various projects.
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FP91G
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December 28, 2022, 10:14:08 AM Last edit: December 28, 2022, 10:24:43 AM by FP91G |
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I have already purchased RTX 4090, so I don't really expect surprises in 2023 for myself in terms of acquiring future Nvidia cards, if only to expect the release of RTX 4090Ti, it was interesting to see what they would do.
I hope you bought it for games and not for earning 40 cents a day. I unfortunately had to take a break from mining, as the rising cost of energy in Portugal is high and does not make up for mining.
What are the electricity rates in Portugal? So far I have decided to sell some of the old video cards, but have not yet decided what to buy from the new models. Mining on video cards now brings more problems than profits.
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joker_josue
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December 28, 2022, 12:04:28 PM |
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What are the electricity rates in Portugal?
Depending on the type of contract, the values are around 0.16~0.19€/kWh.
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