Still got laypeople out there that does their own cryptomining? Isn't it way too slow and costly?
Cryptocurrencies Mining, Hardware,. Pool, software
Cryptocurrencies Mining, Hardware,. Pool, software
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Apr 7 2022, 07:01 PM
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#4521
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Junior Member
38 posts Joined: Apr 2022 |
Still got laypeople out there that does their own cryptomining? Isn't it way too slow and costly?
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Apr 11 2022, 03:48 PM
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#4522
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Junior Member
304 posts Joined: Dec 2007 |
QUOTE(Etude8891 @ Apr 7 2022, 08:01 PM) You can get used box miner for really cheap if you found the source, for example 90% new kdbox can get for 7k rmb + freight and tax in is about another 150usd +- <-- for a lot of 10 units.Comes with new psu. GPU mining still got market due to resell value and adaptation to alts. gpu prices falling also. 3060 for 1.7k last month, 60ti less than 2k can get <-- all 2 fan models. 3 fan starts from 2k++. China got a lot of non lhr going almost same price like our lhr here. you just need space, good ventilation, and constant supply / free electricity. New asics you buy in futures is cheaper, take delivery end of april instead of now can save about 30%. |
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Apr 18 2022, 02:24 PM
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Senior Member
1,594 posts Joined: Aug 2017 |
QUOTE(jett138 @ Apr 11 2022, 03:48 PM) You can get used box miner for really cheap if you found the source, for example 90% new kdbox can get for 7k rmb + freight and tax in is about another 150usd +- <-- for a lot of 10 units. China repurposed 3060 6GB laptop GPU into desktop GPU. mining efficiency to the moon. This is the new king of mining and it's not even LHR. and it's cheap $450Comes with new psu. GPU mining still got market due to resell value and adaptation to alts. gpu prices falling also. 3060 for 1.7k last month, 60ti less than 2k can get <-- all 2 fan models. 3 fan starts from 2k++. China got a lot of non lhr going almost same price like our lhr here. you just need space, good ventilation, and constant supply / free electricity. New asics you buy in futures is cheaper, take delivery end of april instead of now can save about 30%. ![]() ![]() |
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Apr 19 2022, 01:00 AM
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Junior Member
106 posts Joined: Jan 2022 |
what ppl mine nowadays? bitcoin?
even ETH gonna be POS soon right? |
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Apr 19 2022, 10:46 AM
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Senior Member
1,844 posts Joined: Jan 2003 From: Kingdom of Sarawak |
QUOTE(archief @ Apr 19 2022, 01:00 AM) there are tonnes of coins out there for you to mineppl will mine whatever is profitable or whatever they fancied some will even mine somethings that's not profitable now and hoping it will worth a lot more in the future ETH POS still gonna take a few more months, I'm guessing should be around 4Q or end of the year. For a small time farmer like me, will farm ETH as main until POS, while farming others like RVN, RTM, XMR, BAN & CHIA on the side. |
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Apr 19 2022, 11:05 AM
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Senior Member
3,327 posts Joined: Jan 2003 From: Selangor |
QUOTE(greyshadow @ Apr 19 2022, 10:46 AM) there are tonnes of coins out there for you to mine Sold my GPU farm last year and go into Chia.ppl will mine whatever is profitable or whatever they fancied some will even mine somethings that's not profitable now and hoping it will worth a lot more in the future ETH POS still gonna take a few more months, I'm guessing should be around 4Q or end of the year. For a small time farmer like me, will farm ETH as main until POS, while farming others like RVN, RTM, XMR, BAN & CHIA on the side. Hope its worth the bet. |
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Apr 19 2022, 11:07 AM
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Senior Member
1,154 posts Joined: Oct 2021 |
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Apr 19 2022, 11:16 AM
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Senior Member
3,327 posts Joined: Jan 2003 From: Selangor |
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Apr 19 2022, 11:29 AM
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Senior Member
1,154 posts Joined: Oct 2021 |
QUOTE(yushin @ Apr 19 2022, 11:16 AM) 10+ biji lor, long long time to ROI I got many TB as well, but pull out once notice its a solo mining, that time Chia new maybe $2k each and discounted to $1k rapidlyWas running 150TB only, now start ramping up to 1PB after bought some cheap 16TB from Chia miner that gave up. |
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Apr 19 2022, 12:29 PM
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Senior Member
1,844 posts Joined: Jan 2003 From: Kingdom of Sarawak |
QUOTE(yushin @ Apr 19 2022, 11:05 AM) Wow~ IMO GPU mining is still much better than chiaQUOTE(teslaman @ Apr 19 2022, 11:29 AM) I got many TB as well, but pull out once notice its a solo mining, that time Chia new maybe $2k each and discounted to $1k rapidly Chia price has dropped quite a lot since last year, seems it's still on the downtrend, frequent dust storm nowadays doesn't help as wellmy mini chia farm is coming to 1 year old, now only got 40% of ROI only whereas my GPU farm setup around the same time already hitting the ROI few months back cxjiek liked this post
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Apr 19 2022, 12:53 PM
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Senior Member
3,327 posts Joined: Jan 2003 From: Selangor |
QUOTE(greyshadow @ Apr 19 2022, 12:29 PM) Wow~ IMO GPU mining is still much better than chia The coin is just 1 year old, give it 3 years then see how it goes. Chia price has dropped quite a lot since last year, seems it's still on the downtrend, frequent dust storm nowadays doesn't help as well my mini chia farm is coming to 1 year old, now only got 40% of ROI only whereas my GPU farm setup around the same time already hitting the ROI few months back |
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Apr 19 2022, 01:03 PM
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#4532
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Senior Member
1,154 posts Joined: Oct 2021 |
QUOTE(greyshadow @ Apr 19 2022, 12:29 PM) Wow~ IMO GPU mining is still much better than chia GPU still solid making daily returnsChia price has dropped quite a lot since last year, seems it's still on the downtrend, frequent dust storm nowadays doesn't help as well my mini chia farm is coming to 1 year old, now only got 40% of ROI only whereas my GPU farm setup around the same time already hitting the ROI few months back |
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Apr 20 2022, 01:53 AM
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Junior Member
304 posts Joined: Dec 2007 |
QUOTE(sonypshomer @ Apr 18 2022, 03:24 PM) China repurposed 3060 6GB laptop GPU into desktop GPU. mining efficiency to the moon. This is the new king of mining and it's not even LHR. and it's cheap $450 On the wall it's about 850w to 900w. Ordered mine for 28k rmb 9 cards kit. Still stick back to asics, talking about efficiency, there's a new asics for eth/etc coming right up. Loyaltech YM-200 mini. 6gb dag. SG co as per the description. Going for 2.6k usd per unit, 260mhs for 230w. Quiet miner like goldshell box series. Since all these miners running so low wattage, heat generated also lesser compared to gpu rigs. Not as quiet and cool like chia, still very good enough looking at the returns.![]() ![]() |
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Apr 20 2022, 10:26 AM
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Senior Member
1,594 posts Joined: Aug 2017 |
QUOTE(jett138 @ Apr 20 2022, 01:53 AM) On the wall it's about 850w to 900w. Ordered mine for 28k rmb 9 cards kit. Still stick back to asics, talking about efficiency, there's a new asics for eth/etc coming right up. Loyaltech YM-200 mini. 6gb dag. SG co as per the description. Going for 2.6k usd per unit, 260mhs for 230w. Quiet miner like goldshell box series. Since all these miners running so low wattage, heat generated also lesser compared to gpu rigs. Not as quiet and cool like chia, still very good enough looking at the returns. Wow That's small. 200Mhs /180W 2.6KUSD is not bad![]() No need PSU, No need riser, no need mobo, no need fan just plug and play. |
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Apr 20 2022, 05:48 PM
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Junior Member
114 posts Joined: Mar 2008 |
anyone here mining using rental rig? www.miningrigrentals.com
profit ok anot ah |
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Apr 20 2022, 07:29 PM
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#4536
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Junior Member
304 posts Joined: Dec 2007 |
QUOTE(sonypshomer @ Apr 20 2022, 11:26 AM) Wow That's small. 200Mhs /180W 2.6KUSD is not bad right... its the rise of these small miners that will kill off gpu mining literally. how can you compete in terms of efficiency and profits compared to stuff like these.![]() No need PSU, No need riser, no need mobo, no need fan just plug and play. ethash ones can mine etc after pos no big deal. in fact solo mining makes more compared to pool mining. QUOTE(LoNeLyKiRa @ Apr 20 2022, 06:48 PM) In terms of profit, you can forget about it. Its just a cheap entry to mining experience. its similar to nicehash hashpower market place, you can use any profitability calculator and calculate your profit.for example crypto compare key in the parameters amd you will have a rough idea. If you are referring to nicehash alternative, its more or less the same % they will charge you. its like grab, your rating no good your profit also no good. QUOTE(archief @ Apr 19 2022, 02:00 AM) Kda, etc is trending, solo mine not in pool. getting one whole block for yourself is very very attractive. BtC requires too much capex to be profitable, 50m upwards and setup requires niche expertise and connection to score the right hardware at right price. ETH mine while you still can, dag size going 5gb in august or earlier so can expect some difficulty adjustment as some asics are not going to make it later. so there will be a period of time you can breath and hopefully score a block or 2 per month or more. QUOTE(yushin @ Apr 19 2022, 12:05 PM) I admire your courage, chia plotting asics are rolling out too btw |
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Apr 21 2022, 06:32 AM
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Senior Member
3,327 posts Joined: Jan 2003 From: Selangor |
QUOTE(jett138 @ Apr 20 2022, 07:29 PM) right... its the rise of these small miners that will kill off gpu mining literally. how can you compete in terms of efficiency and profits compared to stuff like these. I'm ok if they make an asic plotter. My current average 1 hour per plot speed is really painful, still got so many hdd waiting to fill up with plots.ethash ones can mine etc after pos no big deal. in fact solo mining makes more compared to pool mining. In terms of profit, you can forget about it. Its just a cheap entry to mining experience. its similar to nicehash hashpower market place, you can use any profitability calculator and calculate your profit. for example crypto compare key in the parameters amd you will have a rough idea. If you are referring to nicehash alternative, its more or less the same % they will charge you. its like grab, your rating no good your profit also no good. Kda, etc is trending, solo mine not in pool. getting one whole block for yourself is very very attractive. BtC requires too much capex to be profitable, 50m upwards and setup requires niche expertise and connection to score the right hardware at right price. ETH mine while you still can, dag size going 5gb in august or earlier so can expect some difficulty adjustment as some asics are not going to make it later. so there will be a period of time you can breath and hopefully score a block or 2 per month or more. I admire your courage, chia plotting asics are rolling out too btw |
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Apr 21 2022, 02:23 PM
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#4538
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Junior Member
304 posts Joined: Dec 2007 |
QUOTE(yushin @ Apr 21 2022, 07:32 AM) I'm ok if they make an asic plotter. My current average 1 hour per plot speed is really painful, still got so many hdd waiting to fill up with plots. K32,33,34,35 ? get used servers ramp up the rams, can use readily available madmax plotter to plot. ECC rams works magic, you can let your work station cards dedicated for AI to plot on insane speed for example quad nvlink. if say you didnt let go of your 6x/8x gpu rigs, get one to try plotting. mod a lil on the driver and you should be good to go. asic plotter will make your k32 obsolete in less than 3 years if say its readily on the mass market. still waiting for lottery and declining token price (<- sharp decline) not my cup of tea. |
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Apr 21 2022, 02:34 PM
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Senior Member
3,327 posts Joined: Jan 2003 From: Selangor |
QUOTE(jett138 @ Apr 21 2022, 02:23 PM) K32,33,34,35 ? get used servers ramp up the rams, can use readily available madmax plotter to plot. ECC rams works magic, Currently not willing to spend a lot for plotter as after i'm done with k32, the plotter no use liao.you can let your work station cards dedicated for AI to plot on insane speed for example quad nvlink. if say you didnt let go of your 6x/8x gpu rigs, get one to try plotting. mod a lil on the driver and you should be good to go. asic plotter will make your k32 obsolete in less than 3 years if say its readily on the mass market. still waiting for lottery and declining token price (<- sharp decline) not my cup of tea. Low and declining token price also make asic not attractive to manufacture tho. If asic really come out, hope Bram will change the plot logic then everyone restart plotting. |
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May 8 2022, 08:45 AM
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#4540
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1,594 posts Joined: Aug 2017 |
100% LHR UNLOCK - NICEHASH DID IT
QUOTE We are very excited to tell you that NiceHash QuickMiner (Excavator) is the first mining software to FULLY (100%) UNLOCK LHR cards! Now you can earn more profits than any other mining software on the market if you are using LHR graphics cards with NiceHash QuickMiner. Support for NiceHash Miner is coming soon. This also makes it more advantageous than mining direct to a pool, since other software is not capable of unleashing the full capacity of your hardware. Register at NiceHash, download our QuickMiner, and get paid in Bitcoin every 4 hours! source: https://www.nicehash.com/blog/post/100-lhr-...cehash-its-here Stock up LHR GPU now while the price is still low. You still have some time to mine ETH according to ETH developer:- ![]() This post has been edited by sonypshomer: May 8 2022, 08:47 AM |
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