guys, do u cash out the ETH or just HODL? i'm cashing out every month 15% to offset the eletricity
Cryptocurrencies Mining, Hardware,. Pool, software
Cryptocurrencies Mining, Hardware,. Pool, software
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Jun 1 2021, 02:36 PM
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#1
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252 posts Joined: Apr 2013 |
guys, do u cash out the ETH or just HODL? i'm cashing out every month 15% to offset the eletricity
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Jun 1 2021, 02:42 PM
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#2
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QUOTE(Porie @ Jun 1 2021, 02:38 PM) good to hear that, but what if it doesn't goes to 3k+ to 4k anymore?since now the market it bad, all the alt coins seems having fire sales. do u think it's a wise move to exchange eth with some alt coins ? |
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Jun 1 2021, 04:57 PM
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#3
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QUOTE(jett138 @ Jun 1 2021, 03:40 PM) Fiat 30%, 20% to other alts, stable coin, or major crypto, 50% stake or liquidity pool/ farming etc. share your current hash rate Use the fiats or interest from farming/staking / defi to buy more machines or gpu. So far so good, strategy depends on your current hash rate and financial position and your direction on this whole mining industry. With crypto volatility best still find ways to acquire them as cheaply as possible. |
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Jun 1 2021, 07:12 PM
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#4
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Jun 1 2021, 07:40 PM
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#5
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Jun 29 2021, 05:04 PM
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#6
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Jul 12 2021, 10:25 AM
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#7
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QUOTE(jett138 @ Jul 9 2021, 06:09 PM) gen 3/4 doesnt matter. i run them on gen 2 and enabled mining on bios for msi boards. i don't think card will be expensive again, if u buy on august, u have less than 6 months to get back your ROI as ETH will go to POS. then there will be no mining for ETH anymoreis mining via egpu viable ? i never tried egpu thunder bolt before frankly speaking. like what wong said, check your OC settings again for best hash rates. ______________________________________________________________________________ Prices of gpu might rise back after august. its not crippling as people thought its happening in china. lhr cards are good with alts and cheap for now, can consider to build alt specific with good ROI with LHR now. Once london fork is rolled out, market will adjust itself for eth mining. cards will be expensive again. |
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Aug 4 2021, 09:51 AM
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#8
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QUOTE(ycs @ Aug 4 2021, 09:49 AM) yes. pray the price doesn't drop pluginbaby and seankse liked this post
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Aug 8 2021, 08:38 PM
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#9
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QUOTE(sonypshomer @ Aug 8 2021, 04:17 PM) How to get Dell stock RTX 3080 to hash full rate without applying new thermal paste and pad risking brick plus void warranty Have you check your vram temp on your 3080?1. Take it out and put it on a riser 2. Bring down the temp and blow the ac directly to the card Sekian [attachmentid=10944418] [attachmentid=10944419] [attachmentid=10944420] Update after few hours and 100s of shares [attachmentid=10944432] Still stable |
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Aug 9 2021, 04:47 PM
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#10
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QUOTE(jett138 @ Aug 9 2021, 01:09 PM) Wasnt the plan is to mine until ETH goes POS just curious, at what point will you sell all your ETH?although already mining ergo and rvn on the side to balance check and ready for the shift once it happens, and add more asics for bitcoin since its more promising on BTC. Yes ETH rewards has dropped 20% but we still make almost the same dollar to dollar before EIP1559. But i dont plan to keep ETH for long term also, https://tomerstrolight.medium.com/the-probl...um-af9692f4af95 As long as your household bill yet to exceed 1.1k /month its still cheaper than going full commercial rate, just get a 4 gpu rig setup at least rtx 3070 and above. leave it on 24/7 its basically same as you installed solar panels. the profits will pay for itself for ROI and covers your electricity bills. just make sure you dont share that circuit with water heaters, a/c, dryers, ironing board should be fine. |
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Sep 1 2021, 05:08 PM
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#11
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QUOTE(jett138 @ Sep 1 2021, 04:32 PM) Don't get me wrong, under right pricing and circumstances will still recommend newbies to go for gpu mining before going asics, we still need a good mix between 2 to fully capitalize on current mining opportunity. for asics it's impossible to mine using standard electricity. one need to tamper with the electricity in order to make money.Asics is when you have enough gpu to sustain yourself say about 5 or 10k usd monthly, or you just have a lot of money parking elsewhere looking for a good investment opportunity. Gpu mining is for test water, and wouldn't lose out when you try asics. Because of the management between 2 facility is totally different. I cannot mine in shopping mall on asics, but very possible with gpu miners. Nobody will question a careful built server cabinet. But asics ? That's like telling the whole world you are mining crypto. On pure mining operation perspective is recommended to go full asics provided you have the capex and opex capabilities. But looking at current gpu pricing that requires at least 10 to 11 months ROI, it's about time to consider an asics unless you have the gpu for other purposes and mine on the side. Reselling asics is not as difficult as it seems, we always profit from selling used because you cannot buy asics at msrp also. Once gone you are paying more for an asics. For L3+ selling now is about 3k, or desperately 2.5k. Already roi and profited from that machine since launch. And placed order for new asics, not to mention there are always electricity theft syndicate will buy your lelong asics. That's a guaranteed buyer scheme there. No right or wrong, just how you mitigate your risk and profit. Gpu more works involved, of repasting, cleaning 6x, 8 x / 12 x depending setup for a mere 300 to 800mh/s compared I refurb one asics already 500mh/s or more. I enjoy building, but hate to maintain and troubleshooting gpu setups. |
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Dec 10 2021, 09:55 AM
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Jan 5 2022, 02:04 AM
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#13
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