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2021-02-09 04:19 28197317 Anonymous (GeForce-RTX-3080-Mining-Rig-almost-operational_8D94FF65939247F7801E6CA546A8FC4A.jpg 1360x765 217kB)
I am considering taking some profits and start mining. What would you suggest me to mine? Which GPU to buy? Electricity costs are kinda low for me... Any help is appreciated

3 min later 28197619 Anonymous
>>28197317 If you're talking about BTC, it won't be profitable unless you can afford an entire warehouse, that's just how tight the margins are. IDK about any other coin.

4 min later 28197699 Anonymous
>>28197317 Unless you live in China where electricity is dirt cheap or live in an apartment with free electricty it's not worth it.

5 min later 28197798 Anonymous
like others say, unless your electricity is super cheap or free; your margins will be razor thin at best

5 min later 28197845 Anonymous
>>28197317 you can get better returns staking you fucking retard

7 min later 28198023 Anonymous
>>28197699 Oo with current eth prices you can get 8$ a day with 3060ti which would mean you could earn it in like 50 days if bought for msrp thing is you won't get it for msrp you would have to pay x2 price from scalpers and then it would not be so great, still ok I guess if eth goes to 3k

9 min later 28198165 Anonymous
>>28198023 Yeah all those 3060ti laying around. Great plan. Bet you dont own shit.

25 min later 28199551 Anonymous (Screenshot_20210209-114405_Brave.jpg 1079x1530 325kB)
>>28197317 I'm bringing a second rig online today. It's very profitable even at regular electricity costs. I'll be mining eth. Current rig pulling about 0.72 ETH per month.. 1030w and 288 MH/s. New rig is six 5600xts pulling 40Mh each so 240 MH/S. Together they will net me approx 1.3 ETH per month at current difficulty and congestion. I paid 4150 all in for this new rig (leaf bux) and it should pay for itself in a few months. Mining is based don't let NOCOINERS and well-wishers convince you otherwise. Run HiveOS (super stable) and get to it if you can find GPUs at a reasonable price. I got some 5600s for 400 leaf bux tax in through the summer and fall.. just had to pay 599 plus tax for these new ones but I honestly don't give a fuck. It's a money printer. Pic rel is current miner winding out

27 min later 28199729 Anonymous
>>28199551 pulling 1kw for that you'd make more money growing weed for that amount of wattage

38 min later 28200678 Anonymous
>>28199729 Yes but guess what. I don't have to do jackshit for this. My time is valuable. And unless you're growing AAAA weed, there isn't enough money to be made. Everyone grows weed in Canada. Meanwhile, I'm generating eth passively. Next question.

41 min later 28200907 Anonymous
>>28200678 any go to materials to learn mining?

42 min later 28200969 Anonymous
>>28199729 >>28200678 I feel like crypto mining is only part the direct profits, part betting on whatever shitcoin you mine will moon in the future Also growing weed on that scale is sure to attract da popo

42 min later 28200994 Anonymous
>>28197619 false, check a mining calculator it's always profitable after a year of ruining your gpu and losing 100% value

42 min later 28201020 Anonymous (bezos-guillotine-1.jpg 2843x1894 417kB)
>>28197317 I'd mine XMR and unironically Doge. I never invested in Doge because it pays out the most to Miners, but it looks like it has a lot of support regardless. XMR is going to get harder to acquire on exchanges, but the demand for privacy is going to increase as it becomes apparent that there's a communist revolution on the streets.

44 min later 28201163 Anonymous
>>28200969 >Also growing weed on that scale is sure to attract da popo I dont think 1000w attracts the popo

46 min later 28201325 Anonymous
>>28200907 I learned a lot from YouTube channels redpandamining, bitsbetrippin, hashraptor .. including bios modding, optimizing overclock and power settings.. general rig building info. I just sold approx 3 months worth of profits to buy this new rig.. no brainer.

49 min later 28201553 Anonymous
Just starting, will try to connect an external second GPU to my rig today. Bought a riser, bought a PSU synchronizer to connect my old PSU to the rig, any advice? Kind of scared of actually hooking it all up

50 min later 28201650 Anonymous
>>28197619 kek >IRR 10% >lifespan 10 years Good investment!

50 min later 28201693 Anonymous
>>28201553 Just make sure you're powering your riser using a 6 pin connection, not Sata.. risers can draw more power than the SATA connectors are rated for and melt down

52 min later 28201862 Anonymous
>>28201693 Yeah, I got a molex to 6pin cable and 6pin goes into riser. I guess I could hook it up directly but kind of feels nicer that way, more space

53 min later 28201938 Anonymous
>get into mining now >difficulty is at all time highs >GPUs are out of stock/price gouged are you retarded? maybe get an ASIC or 2 if you can find them in stock and have a big enough house that you won't hear the noise.

55 min later 28202138 Anonymous
Also, how do I position a GPU? Should it be standing on the riser or should it be laying down with riser on the side? I don't have a fancy grid or anything, literally just laying on the table for now.

1 hours later 28202550 Anonymous
>>28201938 Even with current prices it's extremely profitable. You can buy a new 2060 for 500 bucks and you'll be able to mine about 0.06 ETH a month with it, that's about a hundred bucks. So if your electricity is cheap that could be 90 bucks of pure profit and you'll make that cost of GPU back in less than half a year.

1 hours later 28203011 Anonymous
>>28201163 Actually yeah it could. One way they catch people growing weed is by flagging people who’s houses are using a lot of electricity since you need the bear to grow. They’ll also fly over your house with a FLIR camera and see if one particular spot in your house is white hot.

1 hours later 28203109 Anonymous
>>28203011 Heat* not bear

1 hours later 28203386 Anonymous (548955.png 984x557 90kB)
>>28197317 Dont listen to >>28197619 >>28197699 They still think its 2018. ETH mining is VERY profitable. Just look at the price of it and the gas fees. Fudders dont want you to mine because its a steady stream of ETH to your wallet without doing anything. Pic rel is about 14 days of mining with an average hashrate of 175. Do the math for you monthly Electricity bill + Internet bill. Yeah its worth it. On GPUs a 3080 is probably the best in terms of price/hashrate/profitablity. Though it'll be pretty hard to find one. Personally I'd suggest 3+ 3060ti's. They give good hashrate on low power and are fairly smalll so you can fit it in a regular ATX case. They might be slightly easier to find as well. Add mining to staking, DCAing, and other strategies and you'll be rich off meme coins in no time.

1 hours later 28203963 Anonymous
>>28203386 Thanks for the insight anon, which mainboard and cpu should I get along with 3 3060tis, what will happen when eth switches to PoS? Electricity is super expensive in my EU shithole but it will pay off in the long term for sure. Also, how stable is the whole thing? Does it crash often? Does the mining rig have to be babysitted like a few years ago?

1 hours later 28204202 Anonymous
Maybe you >>28203963 can also answer some of these questions >>28201693 thanks anon

1 hours later 28204327 Anonymous
>>28204202 messed up quotes

1 hours later 28204367 Anonymous
I know I know nobody hear wants to pay tax but hear me out: in some countries mining is taxed DIFFERENT and requires setting up a business if you want to cash out legally

1 hours later 28204690 Anonymous
>>28203011 build a thermally insulate grow tent with good air seals. recirculate the air through a DIY heat exchanger.

1 hours later 28204959 Anonymous
>>28203963 Any good mobo will do but availability is also super hard on mobos and cpus. I hate to say it but if you don't already have a rig, you might have to go with an Intel Mobo/CPU since AMD availability is pretty bad still. They've been saying ETH to PoS for years now. You have at LEAST until the end of the year until they start the process. There will ALWAYS be a coin to mine anon.

1 hours later 28205022 Anonymous
Just stake AVAX retards

1 hours later 28205715 Anonymous
>>28202550 All the people who got into mining at the end of 2017 thought the same thing. How'd that work out for them?

1 hours later 28205956 Anonymous (1521493806095.png 363x296 138kB)
Got a 5 1080 ti rig running since 2017. Starting a few months back it kept crashing every few days. Its stable now with 2/5 GPUs running. Ive tried trouble shooting but cant figure out why its doing this.

1 hours later 28206729 Anonymous
>>28203386 What software is in pic?

1 hours later 28206829 Anonymous
>>28205715 So? If it becomes less profitable he just sells his GPUs. Check the prices on eBay and then come back and say it's a waste of money.

1 hours later 28206908 Anonymous
>>28206729 Just buy pylon tokens. Holders get a share of each etherium farmed at their real physical mining operation. https://twitter.com/PylonFinance/st atus/1348011464511033345

1 hours later 28206982 Anonymous
>>28206729 I'm using TRex Miner. That page is the dashboard for the Flexpool mining pool.

1 hours later 28207007 Anonymous
>>28205956 Just YouTube how to set up hiveOs... It will fix all of your problems. I was mining with 6 cards on windows 10 it was a nightmare. It would go down every 4-12 hrs... Lots of downtime. I'm over 3 weeks of uptime straight with HiveOS since I dialed the settings in. No brainer.

1 hours later 28207146 Anonymous (Screenshot_2021-02-09 Pylon Finance on Twitter.png 573x1089 1196kB)
Buy pylon

1 hours later 28207337 Anonymous
>>28197798 this. i dumped about $50k into mining equipment and despite going full autist on it was barely able to turn profits. sold all my gear a year or so ago. PoW is on the way out anyways, mining right now is financial suicide.

1 hours later 28207758 Anonymous
I had a gaming pc I haven’t been using w a 1080ti and 3900x and just went easy mode with nicehash and making over $5 a day in bitcoin. You don’t mine bitcoin you mine other stuff but they pay you in btc. And if price continues to go up itll be a lot more than $5. Electricity isn’t bad where im at

1 hours later 28207929 Anonymous
Mine ERG with RTX 3060 Ti

1 hours later 28207962 Anonymous
>>28197317 literally can not buy a GPU at retail anywhere >all nvidia 30x series are 2x++ on ebay >chinese miners are literally buy gaming laptops and running them as miners Trying to get into mining pretty much impossible to do and be profitable in anything less than a year, and if eth shits bed inside that year, it might take forever,,,

1 hours later 28208067 Anonymous
>>28203386 >ETH mining is VERY profitable. Just look at the price of it and the gas fees. Fudders dont want you to mine because its a steady stream of ETH to your wallet without doing anything. >Pic rel is about 14 days of mining with an average hashrate of 175. Do the math for you monthly Electricity bill + Internet bill. Yeah its worth it. >On GPUs a 3080 is probably the best in terms of price/hashrate/profitablity. Though it'll be pretty hard to find one. >Personally I'd suggest 3+ 3060ti's this anon gets it. IF IF IF you can get 6-8 3060's or 3080's you can definitely make money. But you need to get the cards somewhere near retail(impossible).

2 hours later 28208258 Anonymous
also, my rtx 2080 is making 7 bucks a day. my 5700xt in other PC is making 10 USD per day. these are last gen cards and they are profitiable. a single 3080 is pulling a 20 dollar bill a day at least right now.

2 hours later 28208390 Anonymous
>>28207962 >>28208067 Yeah it might be too late if you're staying from scratch. I bought a 3080 and a 3070 but that was BEFORE Christmas and it took MANY weeks and sleepless nights refreshing bestbuy/newegg/Amazon. I bet it's 2x harder now.

2 hours later 28208398 Anonymous
>>28202550 >extremely profitable >if you have cheap electricity you could break even in half a year >if

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