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couleur
[Moderator] Janitor
Posts: 14261
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 Posted: Fri, 19th Feb 2021 16:29 Post subject: Cryptocoin mining hardware thread |
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Please use this thread to talk about mining hardware, profitability of GPUs, mining rigs etc. That way the GPU thread can focus on gpus.
Thanks.
"Enlightenment is man's emergence from his self-imposed nonage. Nonage is the inability to use one's own understanding without another's guidance. This nonage is self-imposed if its cause lies not in lack of understanding but in indecision and lack of courage to use one's own mind without another's guidance. Dare to know! (Sapere aude.) "Have the courage to use your own understanding," is therefore the motto of the enlightenment."
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couleur
[Moderator] Janitor
Posts: 14261
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| Posted: Fri, 19th Feb 2021 19:19 Post subject: |
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I honestly think GPU mining has quite a limited life span (and thank god, I want affordable cards again). It's only crazy right now because of Ethereum.
Ethereum gets harder to mine the more people pile in, and if it doesn't become too difficult it's still slated to switch to proof of stake in the near future.
People might jump ship to another currency like Monero, but most of them aren't worth enough for the electricity costs.
There is also the other option of the current bitcoin bubble bursting, but I'm not convinced it'll plummet as hard this time.
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| Posted: Fri, 19th Feb 2021 21:35 Post subject: |
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And suddenly a new currency will pop up like Ethereum when the others go stale
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Danyutz
Posts: 4414
Location: Redplanet
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| Posted: Sat, 20th Feb 2021 07:50 Post subject: |
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Like Elrond, quite popular nowadays around the area I live in.
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| Posted: Sat, 20th Feb 2021 08:44 Post subject: |
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Ya guys mining has been offlimits to those without millions to burn for ages, while Ethereum has just become tantalising again they are moving to proof of stake asap which renders GPU mining obsolete.
You would have to be very enterprising and mine some fringe emerging currency with longevity in GPU mining for it to be worthwhile.
If history repeats itself there will eventually be a 80-90% crash, you either pick some hot emerging investments and sell within 12 months, or wait for the crash to buy in long term. That's my 2c anyway, and my noob invest strategy is to go invest in things looking grim / shit or scandal that you know will turn around in a few years.
I thought Intel would be low given AMD is wrecking them but no business is good.
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| Posted: Sat, 20th Feb 2021 15:30 Post subject: |
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what is the lowest power using cpu and memory btw one could use for a 24/7 setup ? , if u tried to squeeze every last wat out of it
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couleur
[Moderator] Janitor
Posts: 14261
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| Posted: Sat, 20th Feb 2021 15:41 Post subject: |
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I suppose any more or less modern CPU downclocked and undervolted would do.
"Enlightenment is man's emergence from his self-imposed nonage. Nonage is the inability to use one's own understanding without another's guidance. This nonage is self-imposed if its cause lies not in lack of understanding but in indecision and lack of courage to use one's own mind without another's guidance. Dare to know! (Sapere aude.) "Have the courage to use your own understanding," is therefore the motto of the enlightenment."
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JackQ
Non-expret in Derps lagunge
Posts: 14166
Location: Kibbutznik, Israel
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| Posted: Sat, 20th Feb 2021 17:27 Post subject: |
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Why people prefer to use dedicated graphics cards for mining instead of Normal CPU?
"Fuck Denuvo"
Your personal opinions != the rest of the forum
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Sin317
Banned
Posts: 24322
Location: Geneva
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| Posted: Sat, 20th Feb 2021 17:33 Post subject: |
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Cpu mining has almost zero profitability.
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| Posted: Sat, 20th Feb 2021 18:37 Post subject: |
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>Governments worldwide inevitably delegitimize all crypto.
>Miners are all fucking then
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Sin317
Banned
Posts: 24322
Location: Geneva
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| Posted: Sat, 20th Feb 2021 18:48 Post subject: |
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| Posted: Sat, 20th Feb 2021 19:41 Post subject: |
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| Sin317 wrote: | | Why would they? |
Because it has the potential to "destabilize" markets? and by that I mean bring competition to the monopoly money based status quo? I don't know ask the countries that banned it already.
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| Posted: Sat, 20th Feb 2021 20:09 Post subject: |
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| AmpegV4 wrote: | Ya guys mining has been offlimits to those without millions to burn for ages, while Ethereum has just become tantalising again they are moving to proof of stake asap which renders GPU mining obsolete.
You would have to be very enterprising and mine some fringe emerging currency with longevity in GPU mining for it to be worthwhile.
If history repeats itself there will eventually be a 80-90% crash, you either pick some hot emerging investments and sell within 12 months, or wait for the crash to buy in long term. That's my 2c anyway, and my noob invest strategy is to go invest in things looking grim / shit or scandal that you know will turn around in a few years.
I thought Intel would be low given AMD is wrecking them but no business is good. |
The old maxim, be bold when others are cautious, be cautious when others are bold.
It's how I've always managed my investments. |
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