Quantcast
Crypto Mining Thread - Page 27 - Beyond.ca - Car Forums
Page 27 of 27 FirstFirst ... 17 26 27
Results 521 to 535 of 535

Thread: Crypto Mining Thread

  1. #521
    Join Date
    Aug 2003
    Location
    Medicine Hat, AB
    Posts
    2,017
    Rep Power
    26

    Default

    Quote Originally Posted by msommers View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Yeah I get that man but look at (A) the price of ETH, (B) the time in market to grow to a coin where was it was so profitable and (C) the amount of ETH trading that goes on to sustain such a vast mining population. Now all that mining power is suddenly getting dropped into a different coin.

    My prediction is that any profitable coins are going switch constantly, where large mining outfits will automate this process and take anything worthwhile such that the small-scale miner / casual miners will be bumped out.

    Obviously, miners want to be profitable, but there will be me a tipping point for a lot of people where they have to give it up.

    I'd love to keep mining casually, so I hope someone smarter than me makes it straightforward to mine while not making $0.50/month net to roast your card.
    Break even on the next profitable coin is $0.20 USD/kwh. There are a ton of places with cheap electricity that small time miners can profit in. There is also profit switching miners/os's that do the hard work for you. Plus nicehash.

    Its going to be an interesting next couple of months thats for sure. I am fortunate that my rigs of paid for themselves 4x already so really its a no lose situation for me currently. Also incase anyone cares, i switched to RVN a week again to speculatively cash in on the lower difficulty. I expect RVN has the highest chance of being the top coin for for a while.

  2. #522
    Join Date
    Oct 2012
    Location
    Calgary
    My Ride
    Goes Vrr and PShh.
    Posts
    53
    Rep Power
    0

    Default

    It could be interesting in the next couple of months. I believe Bitcoin has partially grown to what is it because of the mining ecosystem. Bitcoin truly is the only coin that offers a decentralized mining ecosystem, adding to it's security.

    I believe the switch of Ethereum's mining protocol will be it's down fall in the long run. As people have already said in this forum. How many miners, mine and sell Ethereum. Take the mining infrastructure away and we might see Ethereum's market cap slowly erode away and another coin using proof of stake could move up in the top 10. Will be pretty interesting to watch.

    All speculation obviously.

  3. #523
    Join Date
    Oct 2009
    Location
    Calgary
    My Ride
    rally pig
    Posts
    2,466
    Rep Power
    22

    Default

    miners are pumping NEOXA, RVN, ERGO and ETC.

    personally I moved my rigs to ERGO last week and hoping it wins over kawpaw algo (NEOXA and RVN).

  4. #524
    Join Date
    Oct 2005
    Location
    YYC
    My Ride
    06 S2000
    Posts
    5,406
    Rep Power
    47

    Default

    So whattomine is telling me that it's no longer profitable at all to mine. I'm going to wait until the dust settles, but I guess my cards can rest now, and pull solo duty as gaming/transcoding cards.
    Quote Originally Posted by heavyfuel View Post
    This quote is hidden because you are ignoring this member. Show Quote
    That's why I just say I have a 4" dick and lift weights to make up for it.
    Quote Originally Posted by 89coupe View Post
    This quote is hidden because you are ignoring this member. Show Quote
    My car sounds like shit.

  5. #525
    Join Date
    Sep 2012
    Location
    Calgary, AB
    Posts
    1,655
    Rep Power
    88

    Default

    Nicehash is giving me about 30 cents a day.

  6. #526
    Join Date
    Oct 2009
    Location
    Calgary
    My Ride
    rally pig
    Posts
    2,466
    Rep Power
    22

    Default

    Quote Originally Posted by LilDrunkenSmurf View Post
    This quote is hidden because you are ignoring this member. Show Quote
    So whattomine is telling me that it's no longer profitable at all to mine. I'm going to wait until the dust settles, but I guess my cards can rest now, and pull solo duty as gaming/transcoding cards.
    haha yeah, looks like I can finally try and finish GTA:SA and catchup on my pile of gameso to finish

    Quote Originally Posted by suntan View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Nicehash is giving me about 30 cents a day.
    what algo are you mining? I’m mining ergo right now, pre eth merge it was 1 ergo per day, but now it is down to less than 0.2 ergo per day.

  7. #527
    Join Date
    Sep 2008
    Location
    Calgary
    My Ride
    Turbo stuff
    Posts
    3,418
    Rep Power
    73

    Default

    I built a new PC with a 3060 last August and it's fully paid for itself so I'm happy with my meager mining profits before the merge.

  8. #528
    Join Date
    Oct 2009
    Location
    Calgary
    My Ride
    rally pig
    Posts
    2,466
    Rep Power
    22

    Default



    still not like ETH but KAS is quite profitable right now
    3070, 5700XT and 2x 3060 for about 2.80 US$/day

    RXD, NEXA are very profitable too but I prefer mining through NH for easy BTC payment

  9. #529
    Join Date
    Apr 2006
    Location
    Cowtown
    My Ride
    10' 4Runner SR5
    Posts
    6,396
    Rep Power
    61

    Default

    I also like NH but damn, not sure it's worth heating my office

    https://whattomine.com/gpus/49-nvidi...&sort=Profit24
    Attached Images Attached Images  
    Ultracrepidarian

  10. #530
    Join Date
    Oct 2009
    Location
    Calgary
    My Ride
    rally pig
    Posts
    2,466
    Rep Power
    22

    Default

    kheavyhash is surprisingly efficient, not much heat and the RTX30s are using only 100W

  11. #531
    Join Date
    Oct 2005
    Location
    YYC
    My Ride
    06 S2000
    Posts
    5,406
    Rep Power
    47

    Default

    I uninstalled all the mining software. Are you telling me I should reinstall it?
    Quote Originally Posted by heavyfuel View Post
    This quote is hidden because you are ignoring this member. Show Quote
    That's why I just say I have a 4" dick and lift weights to make up for it.
    Quote Originally Posted by 89coupe View Post
    This quote is hidden because you are ignoring this member. Show Quote
    My car sounds like shit.

  12. #532
    Join Date
    Oct 2009
    Location
    Calgary
    My Ride
    rally pig
    Posts
    2,466
    Rep Power
    22

    Default

    Quote Originally Posted by LilDrunkenSmurf View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I uninstalled all the mining software. Are you telling me I should reinstall it?
    probably not, we dont know for how long this might last but IIRC you have a 3080, that's about 0.75 us$/day not counting electricty cost yet.

  13. #533
    Join Date
    Aug 2003
    Location
    Medicine Hat, AB
    Posts
    2,017
    Rep Power
    26

    Default

    Im going to spend some time updating my rig this weekend and flick it back online. Just in time to not need the excessive heat of course. Even if i am in the green, its still better than letting it sit.

  14. #534
    Join Date
    Oct 2005
    Location
    YYC
    My Ride
    06 S2000
    Posts
    5,406
    Rep Power
    47

    Default

    Apparently I have like $140 sitting in nicehash that I never withdrew.
    Quote Originally Posted by heavyfuel View Post
    This quote is hidden because you are ignoring this member. Show Quote
    That's why I just say I have a 4" dick and lift weights to make up for it.
    Quote Originally Posted by 89coupe View Post
    This quote is hidden because you are ignoring this member. Show Quote
    My car sounds like shit.

  15. #535
    Join Date
    Sep 2012
    Location
    Calgary, AB
    Posts
    1,655
    Rep Power
    88

    Default

    Updated NH, turned my rig back on, making $1.42/day. Take that CRA!

Page 27 of 27 FirstFirst ... 17 26 27

Similar Threads

  1. 2018 Crypto Profolio Challange

    By Kobe in forum Real Estate / Finance
    Replies: 115
    Latest Threads: 08-16-2022, 02:56 PM
  2. Children Mining Copper and Cobalt for China in Congo

    By Schwa in forum Society / Law / Current Events / Politics
    Replies: 11
    Latest Threads: 08-31-2021, 02:44 PM
  3. Is this person mining crypto on my network??

    By mr2mike in forum Computers, Consoles, and other Electronics
    Replies: 34
    Latest Threads: 07-10-2019, 01:55 PM
  4. Ndax.io - soft launch - crypto exchange

    By Vanish3d in forum Real Estate / Finance
    Replies: 8
    Latest Threads: 07-04-2018, 02:08 PM
  5. Cogeneration for crypto...

    By nzwasp in forum Real Estate / Finance
    Replies: 15
    Latest Threads: 05-05-2018, 03:34 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •