You won't be mining BTC, but will be mining whatever altcoin is most profitable. Liquid submersion is actually VERY inefficient vs the cost to run and maintain it. Wouldn't recommend you get into mining it's pretty shitty. The majority of miners on the network are run by large miners. No "self-promotion", for example, linking to own blog, YouTube channel, or other self-interests. You'll be engrossed and end up spending hours reading. If ASICs don't completely wipe out gpu miners in the next year then build a mining computer asic mining reddit should have at least Poloniex Exchange Day Trading What Is The Gas Crypto year and half shelf life before becoming obsolete, possibly longer. Interested in BitCoin and various cryptocurrencies? CryptFolio - Cryprocurrencies balance tracker. My choices, depending on prices and how much you can spend, would be 6gb,or ti. Also, if people start to shut off I was saying it is not profitable ledger nano s sending failed bch backup trezor with ledger nano s do so. Please use the Search function before posting. Remember, we were all newbies. Be part of the Nicehash team! Please go to the following subreddits USA: Just so I can see what the limits are for mining you should assume that there is no budget limit. Don't know which ASIC miner to buy? If you bought a machine for a factory, that made widgets, and you were making money of the widgets Fine, I may have overreacted a bit. But yes it can be a fun hobby and at the same time, you are able to make some money with it. Thing is, you have to put in money to get money and that's a concept for. I know it depends on the coin type and the historical prices of these coins. Even so, ASICs will adapt only in time. Click the "report" link. Why use NiceHash to sell your hashing power? I just find it such a shame that this sub is mostly dipshits. You can afford. Do you remember when one guy found the mining farm on google maps? You will see what happens in 2 days when we fork. And so on and so on. That is why I am considering making an investment cheap bitcoin mining rig for beginners easy coins to mine with gpu a mining rig. I thought about everything for this business. I don't want to ever turn anyone off or away from mining because it's a good lesson and you get a good deep dive into crypto, but if I could go back to when I decided to invest into the rig and extra cards, I wouldn't have spent that money and woulda rather just put it straight into buying coins It's a good idea educate.
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That's semi-private unless you can deduce it yourself from my posts which you can. Honestly, the company would have to be foolish not to. Just so I can see what the limits are for mining you should assume that there is no budget limit. Yeah, crypto can start to stabilize, but in the last 6 months, it hasn't. We have all been lied to by these people who made the big named coins How to get a refund via PayPal for your Pre-Ordered mining equipment? Hobby mining is going to become something of the past and most, if not all, crypto mining is going to be done by corporations. Any cost needed to make these things livable in your house will lengthen the ROI. Large miners are increasing their hashing power in a way regular folks are unable to contradict. Logic blocks can be configured to perform complex combinational functions, or merely simple logic gates like AND and XOR. These guys also sell their miners every 10 to 12 weeks. Oh and get very familiar with Whattomine. Transfer your Bitcoin to Nanex. Automatic payments in bitcoins - daily or weekly Minimum payout 0. I'm trying not to be over optimistic about starting mining either. I built my rig late October and set it up to mine XVG. What is your cooling capacity? I was back at mining End of april rate normalized over 24h:
A good read on your trials and tribulations! If I can buy hardware that will pay for itself in 6 months or less I buy it. This was not GPUS intended purpose from the start. Automatic payments in bitcoins - daily or weekly Minimum payout 0. Liquid submersion is actually VERY inefficient vs the cost to run and maintain it. The process is slow as the reward is low but I believe in this project and this coin so it's worth it. You can also explore the Bitcoin Wiki: Become a Redditor and subscribe to one of thousands of communities. So if bitcoin price is skyrocketing there is a huge demand for used miners at huge prices. Just those four gpus warm my mancave and the living room I live in Canada so this is a great benefit to mining. BitcoinMining comments other discussions 1. Bitmain is farming the crap out of a lot of currencies with asic boxes and then once they've farmed tons andtheir asics become less effective they build better ones and announce to the world that they now have an asic miner for a specific currency ethereum fork coinbase bitfinex how to transfer funds to the public. How to get a refund via PayPal for your Pre-Ordered mining equipment? It's kind of interesting actually - in the past few years due to the limited supply the price of used miners has been a sort of bitcoin future. It takes incredible power to secure the network. In regards to your mining set up it is best to keep the cards stellar lumens better to buy under bitcoin or ethereum xrp calculator cool build a mining computer asic mining reddit possible, no brainer. Or maybe you only consider Bitmain personally showing you their mining operations as evidence?
This is a problem with the robustness of the network, not so much the algo. Months ago we shared a thread about your vertical farming. I have to build a lot of excess solar to make sure my build a mining computer asic mining reddit never runs out of power. I cannot afford. Put it this way, if you take whatever you're willing to invest into a rig and put it in any coin and trade it when you see different trends, you can increase your total far faster than you can make with current gpus. For some reason he pegs the size of a mining operation to it's electricity costs, which makes no sense. Maybe rent the boat to travel nurses initially while charter business is not established. I took the plunge about 6 months ago for my GPU rig. Start out mining Ethereum as it is the most profitable over the lisk coin mining dual mining eth and dcr hashrates term and most consistent payout. You spent ALL that time to write out 10 unique things that I was "inaccurate". You may want to consult a rig building community for steps, or consult youtube first to get your hardware in order, and then look towards the software side of things. M farm paid for it. Buy a scalable solution i. As gatehub bank account personal wallet for ripple coin practical matter, in terms of being a miner or being a speculator, there is nothing wrong with. Automatic payments in bitcoins - daily or weekly Minimum payout 0. If you're gonna do it do it for the love of the tech, the interest in the computer and learn some of the best practices associated with GPU mining. In most FPGAs, logic blocks also include memory elements, which may be simple flip-flops or more complete blocks of memory.
YOU are a big miners? No Promoting New Alt Coins. The only real way to make money mining these days for average joe is to grab an ASIC box when it is very first available, get online and maybe you'll get weeks where you will have a distinct advantage in earnings before the difficulty curve catches up and your profits normalize. Depreciation is not counted. My solar is already credited via the solar credit and my miners are sold at a profit. I'll most likely end up getting a used one as the price of the new gpu and set-up are out of my league right now. You have to do the math yourself. About five different people have asked you for more information about buying miners, using them for three months, selling them for more than you paid, and buying more with the proceeds. You probably cannot do it in the current market. Automatic payments in bitcoins - daily or weekly Minimum payout 0. Please use the Search function before posting. This shows which coins are currently most profitable but could be confusing if new: At the current value, you can't make a profit. Copy your pool settings in your NiceHash dashboard Verify pool with pool verificator. To the OP as I said, mine for profits today, buy for profits in the future. You asked why I don't just sell miners. And that's why you'll win. Even one Year is great. Go to Live marketplace and create new order Please note that if your order difficulty is high, then you should set higher speed limit and order should last longer 24h or more. Welcome to Reddit, the front page of the internet. Log in or sign up in seconds. It is not "speculation" and it is not "economics". I am based in the US so I qualify for the solar tax credit. No URL shortening allowed, always use the full link. For everyone else it costs money. Be part of the Nicehash team! And then there's the whole ASIC controversy. Have not seen any, perhaps somebody has? I am sure they do stress tests, not sure if they mine for months.
You won't be mining BTC, but will be mining whatever altcoin is most profitable. Liquid submersion is actually VERY inefficient vs the cost to run and maintain it. Wouldn't recommend you get into mining it's pretty shitty. The majority of miners on the network are run by large miners. No "self-promotion", for example, linking to own blog, YouTube channel, or other self-interests. You'll be engrossed and end up spending hours reading. If ASICs don't completely wipe out gpu miners in the next year then build a mining computer asic mining reddit should have at least Poloniex Exchange Day Trading What Is The Gas Crypto year and half shelf life before becoming obsolete, possibly longer. Interested in BitCoin and various cryptocurrencies? CryptFolio - Cryprocurrencies balance tracker. My choices, depending on prices and how much you can spend, would be 6gb,or ti. Also, if people start to shut off I was saying it is not profitable ledger nano s sending failed bch backup trezor with ledger nano s do so. Please use the Search function before posting. Remember, we were all newbies. Be part of the Nicehash team! Please go to the following subreddits USA: Just so I can see what the limits are for mining you should assume that there is no budget limit. Don't know which ASIC miner to buy? If you bought a machine for a factory, that made widgets, and you were making money of the widgets Fine, I may have overreacted a bit. But yes it can be a fun hobby and at the same time, you are able to make some money with it. Thing is, you have to put in money to get money and that's a concept for. I know it depends on the coin type and the historical prices of these coins. Even so, ASICs will adapt only in time. Click the "report" link. Why use NiceHash to sell your hashing power? I just find it such a shame that this sub is mostly dipshits. You can afford. Do you remember when one guy found the mining farm on google maps? You will see what happens in 2 days when we fork. And so on and so on. That is why I am considering making an investment cheap bitcoin mining rig for beginners easy coins to mine with gpu a mining rig. I thought about everything for this business. I don't want to ever turn anyone off or away from mining because it's a good lesson and you get a good deep dive into crypto, but if I could go back to when I decided to invest into the rig and extra cards, I wouldn't have spent that money and woulda rather just put it straight into buying coins It's a good idea educate.