Is mining crypto worth it reddit

Is mining crypto worth it reddit. Growing your crypto wallet balance usually involves taking fiat currency, like U. The majority of opinions here will be 0. 0000008BTC i am on the free version and my mining speed is set at 2/3 of the max speed. 3060's and get a medal detector and start walking around, you all got big ass gold nuggets just sitting on the ground in some places there. On a side note it does get more complicated if you try and incorporate changes to network hashrate whilst you're still mining, but honestly if the time to find a block is that long for you it probably isn't worth it anyway. 2 IQ answers. Higher risk for higher gain. And the difference of cost That is in my country at least. Mining has been worth getting into in my experience. Successfully mining just one Bitcoin block, and holding onto it since 2010 would mean you have around $1. Happy mining! NiceHash is a Bitcoin centered platform, providing a complete ecosystem of mining and BTC payment services with the goal to accelerate Bitcoin adoption worldwide. On the other hand, you can make a nice chunk of change selling the 1080. One direction this In the world of cryptocurrency, security and trust are paramount. I believe that this method removes almost all risks. The news makes bitcoin mining and stuff sound horrible but the overall energy use is pretty similar, albeit bitcoin can be pretty energy intensive. Eventually, you sell all after 5 years of mining. For PC questions/assistance. The moneroocean. As for my personal mining strategy, I basically intend to run them all until they die, and may or may not repair/replace dead cards depending on available used deals and GPU/Crypto/global market conditions. is this the current best crypto mining 12 votes, 23 comments. It be better to get an actual job or just play one of the big name mmorpg and real world trade the in game currency for real money and just use that to buy crypto. Nicolas Kokkalis and his wife, Dr. I think all of you guys should at least give it a go. S. Apps and dApps) to help make crypto more easy and accessible to everyone. That's probably you're only option. With millions of active users and page views per month, Reddit is one of the more popular websites for Reddit, often referred to as the “front page of the internet,” is a powerful platform that can provide marketers with a wealth of opportunities to connect with their target audienc Alternatives to Reddit, Stumbleupon and Digg include sites like Slashdot, Delicious, Tumblr and 4chan, which provide access to user-generated content. Answer for most young people that can afford to loss it all is a resounding yes. See full list on forbes. What to mine Proof of work Proof of stake Eth 2. Taiwan Semiconductor Manufacturing Company (TSMC) is “Mining” has become synonymous with crypto the past few years in the tech industry, what with Bitcoin piercing the $50,000 barrier and GPUs and ASICs worldwide scrambling to hash f After a tough start to the year for Marathon Digital Holdings Inc (NASDAQ:MARA) shares, the crypto mining company stock is looking at a potential After a tough start to the yea At TechCrunch Disrupt, Reddit's Pali Bhat revealed that Redditors have created millions of crypto wallets to buy NFT profile pics. One such tool that played a vital role in the South Africa is rich in minerals, and it supplies a large amount of the world’s production of these minerals thanks to an active mining industry. The New York Senate h Bitmain Technology is one of the world’s largest makers of crypto-mining “rigs”—power-hungry computers that solve algorithmic puzzles to be rewarded with new bitcoin. With the increasing popularity of digital assets, it is crucial for crypto enthusiasts to have a reliable and secu If you’re an incoming student at the University of California, San Diego (UCSD) and planning to pursue a degree in Electrical and Computer Engineering (ECE), it’s natural to have q From the questionable effects of Elon Musk’s hold on the Twitterverse to the volatile influence of pop culture at large, cryptocurrencies and NFTs already exist in subcultures that The two main types of mining are surface mining and underground mining. thats why im giving rvn a try, the halving is close its on january 2022 and even when its get just to 1$ i made more with rvn in a NiceHash is a Bitcoin centered platform, providing a complete ecosystem of mining and BTC payment services with the goal to accelerate Bitcoin adoption worldwide. At something like ~$10K BTC/USD, the bitcoin miner's equilibrium is about $0. But it is much more inefficient than a dedicated mining software. It's useful to see what the potential is. Mine your favorite non-mineable crypto assets! Our automated system takes care of all the exchanging and transferring, to deliver a seamless experience for PoW miners. 06 per KWh, unplug your ASIC miner and sell it -- it's cheaper to buy bitcoin than operate a bitcoin min Replace crypto with stock Replace gain of 200 with say 20 That’s why people invest in crypto. When asking a question or stating a problem, please add as much detail as possible. 25 years. hello I’m here to ask if crypto mining is still worth it with the current profit taking and bear market. Halving reduces mining rewards by half, potentially impacting profitability if not balanced by a Bitcoin price increase which historically after halving events the price has dropped for a short time followed by a rally upwards in price. Only one person will find the needle, but it's not like the rest weren't helping. It turns out that real people who want to ma Crypto wallets are your key to the cryptocurrency market. com Feb 8, 2021 · The first two methods are self-explanatory, and they're the usual subjects of the debate around bitcoin: its value as an investment and as a currency. It's a real shame, because crypto currencies make for bad investments and have all the telling marks of a pyramid scheme. By using bitcoin mining websites, such as Sohash, you can start mining in a few clicks without any expensive mining hardware and software. If i started on 15x speed on day 1. There’s other ways to earn crypto though, like staking, liquidity pools, etc. com DeFi Wallet. Need to mine non-stop 24/7 for 379 days to pay it off. I’m also new but been seeing more and more that crypto is a lot about community. The easiest way to start is with something like Nicehash, depending on your goals then mining can be worthwhile. If you think the industry is done growing, then idk why you’d stick around. you can grab around 50 rvn a day or better said i get 50 rvn a day with a 3090. The explorer lets you see how much each hotspot is making per day and per month. You'd be surprised how much people are willing to pay. Got my Vega mining since Day 1 of release, so almost one year now. You will meet it, if you have to, with the sa A lack of regulation and expensive power hinder such prospects. With millions of active users, it is an excellent platform for promoting your website a If you live in the USA, you probably already know about Traditional IRAs and have seen countless advertisements on Precious Metals IRAs, but have you heard of Crypto IRAs? Understa When you have a decent amount of cryptocurrency in your crypto wallet, you might set your sights on a new goal: finding ways to make the most of that investment. Mining crypto is absolutely worth it if you have the resources. I make a substantial amount of money mining Monero! Reddit . Can’t really expect a system like this to be over 200W( if it is then it was not efficient at all from the start), which is 144kWh a month, and at 50$ that’d be $0. Quite a few folks belly aching about crypto being there only hope. We build products (i. 100-400w vs 3. You will learn a lot by mining crypto. Mining companies receive hundreds of applications for each job opening The mining industry has a rich history, with numerous tools and equipment that were used to ensure safety and efficiency in the mines. Tldr : I've mined for 13h with a gamming laptop. If u r interested in crypto and mining in general, then yeah, worth it. Hence, I am about where I would have been in Feb, but cards are paid off and I continue to profit mining and I can even sell my cards for a profit. Feb 23, 2022 · Are you interested in mining, but not sure if it is still profitable, or is it worth buying a mining rig now and starting mining? If this is what you are looking for, then you came to the right place. For the past few weeks I’ve seen videos and articles all about crypto mining. Still some money to be made with nicehash and other hash aggregators. When eth 2. NiceHash is a Bitcoin centered platform, providing a complete ecosystem of mining and BTC payment services with the goal to accelerate Bitcoin adoption worldwide. - the price did go up (got lots of mined coin), then went down and sideways for a while. I mean, what else are you gonna invest in. It's filled with engaging discussions on academics, extracurriculars, college prep, and social life. The real risk is whether crypto will continue to be so volatile or if it will become mainstream. Hey, browser mining is probably the safest way to mine because it's encapsulated within the browser. If you sold at the peak you would of made an extream profit. Chengdiao Fan. com It’s debatable. Cryptocurrency miners are now influencing the fortunes of the world’s biggest chipmaker. The ultimate "would u walk off a bridge So this may not be really profitable or may be depending on your take. Is CPU mining worth it? I have seen so many responses to on people who post the rig they are mining with that say CPU mining is NOT worth it, but then other people say it depends on the CPU. Edit after some comments: For shits and giggles I've started mining ETH on my machine. For SHA256 mining yeah but right now there are cpu coins that are 4 times as profitable as monero. These wallets are what store the public and private keys you need to buy, sell, manage and exchange cryptocurrency across Reddit is a popular social media platform that boasts millions of active users. The long answer is: It’s complicated. It is still a fun but not really profitable path. On the face of it, India’s rising status as a green-energy powerhouse and its small, discrete, and energy-guzzling c Market Strength, NABE Survey, Volume Drop, Crypto Mining, Trading MSFT and AAPL: Market ReconAZO "Never let the future disturb you. Mining companies are not crypto and a lot of people here are investing in crypto-ETFs without realizing some issues such as the fact that you will not own actual crypto either. Mining is further divided into several other categories including room and pillar mining, slope mining, bloc Open cast mining is a type of surface mining in which mineral resources are removed from the earth through large holes or pits dug into the surface. This is the Reddit community-run sub for the Pi Network cryptocurrency project started by the team of Computer scientist Dr. After 2 days i mined 0. I invest in other crypto as well as BTC, ADA and others but DIVI offers many characteristics of its own that are worth studying Reply reply More replies More replies Top 1% Rank by size Ur basicly asking twitter about mining crypto. com Visa Card — the world’s most widely available crypto card, the Crypto. Get the Reddit app Scan this QR code to download the app now I have a 1660ti in my build is it worth mining? but if you get paid out in crypto and can hold The passive income is worth it if your payback is 12 months or less, have the facility and infrastructure to run them, but at the current crypto prices, buying it is more profitable as the difficulty will increase faster than the price. Here's the news that has ANY stock higher on a In December 2021, a town found a secret crypto mining operation underneath a Massachusetts high school. Bitcoin mining began as a hobby for early Bitcoiners who had the chance to earn 50 BTC every 10 minutes, mining from their bedrooms. 73 G We'll be seeing a hit on mining profits with EIP-1559 but it shouldn't be anywhere near as bad as when electricity costs were higher than mining proceeds. Gaming when I'm home, mining when sleeping/working/not gaming. I buy & sell old phones - get them from friends, repair busted ones and resell or keep the ones I like. People told me the same thing in Feb. You have available a ton of free servers and free electricity. Which, if you were very lucky, would be a lot higher than it is, now. I think right now you can make about $3/day on it. There's a lot of very fair criticism of crypto currencies that I'll just stop here. If you have a specific Keyboard/Mouse/AnyPart that is doing something strange, include the model number i. crypto. com. The bottom line here is to rent a mining rig that'll allow you to mine any coin. Also, you do not need to purchase additional equipment or waste valuable time. 3 kw is a much less noticeable power draw. Tough to find legit estimates of what I can get. If a crypto mining winter occurs due to ETH 2 due to migration of network hash to alt coins then people may start selling off equipment driving the price down. Now, you might say "Bro, if you believe in crypto, you should still buy the card even if costs 2x the MSRP. You can pay for up to 15x mining speed with cloud boost. reReddit: Top posts of December 3, 2017. To get started just select your coin and configure your rigs to point to any of our pools. 0 impact. Most of the games pay pennies for your time. This means if you pay more than ~$0. As you may know, the more people mining one coin the more difficult the algorithm becomes to mine, which means you yield less coin the more people mining it. Most ask "is it worth it?", and forget to ask "will it be worth it?" How worth it, it is, will depend entirely on the exchange rate when you sell it. My current setup makes $1000 per month net profit mining RVN, on a $10,000 investment. Definitely recommend doing research before diving in. Is it legit ir a scam article? Anyone? So I'm still new to crypto and investing in general and recently I've come across a coin called Helium (HNT). Along with cash-based in Advertising on Reddit can be a great way to reach a large, engaged audience. Many of the communities in crypto are very supportive and fun. I have heard quite a bit about cloud mining but from the research I have done, it appears that a lot of Cloud mining operations are scams or dodgy and people are quite divided in regards to which ones are good or not so good. Crypto Lovers is a community where we share the best articles about cryptocurrencies, DeFi, trading strategies, and all topics related to the digital currency revolution. It'll take your 1 year ROI and push it to 10 years, well beyond the life of the cards. Technologically, blockchain is trash. A laptop is not the best device for mining, because mining makes sense 24/7, it quickly gets hot inside a laptop. Plus mining crypto gives anyone the chance to do it (decentralization) and learn something new. But yes, worth it in my opinion IF you take the time to make sure thermals stay where they should. Not even at half that. 0 is not a smart decision. com is the best place to buy, sell, and pay with crypto. This country has some of the bigge Are you considering a career in the mining industry? Western Australia (WA) is known for its rich mineral resources, making it an attractive destination for those seeking employmen Cornwall, England is a land steeped in history and legend. i also started with eth but even when it doubles it will not be rly promissing with 0,05 eth a week. That’s true for a number of reasons, including the fact that for most of 2022 and into early 2023, crypto values were down way off their peaks. If you're wondering how to start mining it's also really easy. That is, can CPU Cloud Mining be profitable and how much power do I need to make it profitable? Looking at hosting costs and average returns, what currencies are currently profitable when cloud mining? I'm interested in mining, but I'm a Mac user & have no interest in burning down my GPU/CPU on a computer that I also need to work on everyday. stream site has settings and their special XMRig. Start early, invest often. its worth mining it just tells the future, its a long term run. It's good for beginners because it does a lot of the hard work for you, like selecting what crypto and what algorithm to use by benchmarking. On the face of it, India’s rising status as a green-energy powerhouse and its small, discrete, and energy-guzzling c To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p. I did some research into it and seen a couple of videos about mining it. The only crypto I have experience mining with in the past few years is monero. I'm buying only higher end GPU's, RTX 3000 series. Back then BTC was worth 20x less and we still bought GPUs". Plus, mining introduces more crypto into supply, diluting the circulating supply, pushing prices down. It won't make you rich unless you're very tech savvy, have capital to invest, and can run a proper operation. Hpool is cool but you should replot for safety once new pools launch, is it worth it? "This is really the right time to start investing in cryptocurrencies because Bitcoin is still the most popular cryptocurrency. I think the goal is to mine enough were you can accept more risk with the market. Me n my mate are planning to invest a few dollars we made through investing into mining. You have to understand that mining is commitment to a coin’s success; it’s not really worth it to mine today, but by mining and collected coins today, you are hoping they increase in value tomorrow (or years from now, whatever). com:2020, diff: 8. I want pools to get done correctly and safely. 34/kWh which seems exessive for crypto mining/farming To be fair, while a card used for mining is subjected to constant stress, there’s an argument to be made that it’s a less harmful type of stress than a gaming load. Electricity rate just determines HOW profitable. Our mission: To reclaim individual finance and digital ownership by providing accessibility to the crypto space. As for the third method, bitcoins are created Jan 18, 2022 · But there are ways in which cryptocurrency mining can still be profitable for the average person – and not just from bitcoin. Take your pick. Even if you’re using an anonymous user name on Reddit, the site’s default privacy settings expose a lot of your d. I wouldn't be buying equipment from scalpers at this time. Cryptocurrency retirement accounts are similar to their non-crypto counterparts — at leas Unlike Twitter or LinkedIn, Reddit seems to have a steeper learning curve for new users, especially for those users who fall outside of the Millennial and Gen-Z cohorts. You can make a few bucks off of some cheaper, maybe even used hw. It can be used in ur pc or just sold. Right now at current profiles the Ryzen 5900X will bring about $1. I think mining with laptops is totally OK if you take the battery out and keep it cool. m. ANY stock has more than tripled in value th Because site’s default privacy settings expose a lot of your data. . You'll need to undervolt/underclock it and probably keep it on a teepee position or on an active cooling pad. Another huge thing is the gap of power between those who develop for crypto and those who just use it. For instance, in my city there are only 3 miners and they're all pretty far apart so they aren't making many rewards yet. Profit. Better buy some btc and well known crypto and invest The current market is rough to get into mining and honestly while I want to add to my current mining operation I have a feeling the best course of action is to be patient. github. Reply reply. com Which means profit sharing from mining will go down; Unless price of coin can keep going up to compensate for difficulty jump. With millions of users and a vast variety of communities, Reddit has emerged as o Reddit is a popular social media platform that has gained immense popularity over the years. Got a rig of 470/570, almost 2 years olds, will test them on gaming if/when I repaste them but since they never go past 75 degrees/50-60% fanspeed in summer, it's not needed yet. Welcome to the home of Hasbro's Marvel Legends on Reddit! This is THE place for all things MARVEL LEGENDS: news, discussions, release dates, first-looks, photography, displays, customs, Haslab, kit-bashes and anything else related to this incredible line. On the one hand, it seems profitable, with a minimum cost of investment. It's my personal computer so I need it for my self . Doesn't have to be crypto but time is the secret. Jump to Blockchain analysis firm Gl Cheap, healthy, and basically zero prep time? Yes please! When it comes to simple meals that can fit into any nutritional plan, Reddit’s r/EatCheapandHealthy is a gold mine for ide We have diplomatic suggestions, and petty ones. Honestly, CPU mining is not at profitable as it used to be compared to back in the early days, but AMD CPU's have always performed well when mining. Hi Quartz mem Bitcoin's price could slide further as China's crypto crackdown pushes miners out of the market, slowing down the hash rate and bitcoin trading. If you follow that miner, you will se in months price will go down a lot. You spent amount X in hardware, electricity and start calculating when you are going to break even if you sold those coins right away. Yea unfortunately we are late to the party for mining. " I cannot find one thing about this company. That's a loaded question and depends on a mining strategy my cpus have made x10 of my 1gh worth of ethereum mining. edit - To add to this, the argument "why not buy crypto", is potentially more profitable but definitely riskier. Monero is more expensive than any CPU coin. If you're playing it careful, get a single good gpu and just wait out the eth 2. For example, what’s the point in getting bitcoin for mining if people determine really useless? Crazier things have happened. 70% of the way to ROI right now. Is it worth it? That depends on your risk tolerance. The term “open cast mining” is Mining gives people a portion of the resources needed for modern civilization, but it can also lead to environmental harm. Every holder has a voice in how the project is run and joining is as simple as buying Useless. 08 per kWh, using an efficient Antminer S17+ and today's difficulty level. PDT, subscribe here. What's worth mining for or should I just play crypto like the stock market like I have been doing? Estimating 20c/kwh. Typically web mining is advantageous where you have high volumes of traffic. Also, the availability of the laptop is a big plus right now because there's no GPU anywhere. For me this is insane as that's an extra $14 - $21 per week for me to invest. dollars, and purchasing the cryptocurrency that captures your interest. With its vast user base and diverse communities, it presents a unique opportunity for businesses to In today’s digital age, having a strong online presence is crucial for the success of any website. Also, you will not be insured if anything happens to the ETF. Helium Mining is it worth it? Good Morning everyone! I was looking into mining helium and was wondering if any one here on the sub does this already and can share prospective on if it is worth starting. I am running a ryzen 7 2700x, so ryzen master is does all the clocking for me. io/ Whether you're a new resident with questions about credit cards and cashless payment options, a long-term resident curious about pensions and life insurance, or a digital nomad wanting to talk crypto gains and tax treaties, this is the sub where you'll find informed discussion, friendly advice, and high Xmrig for CPU mining monero, supportxmr is the pool I use, never had any problems with payouts. With millions of active users and countless communities, Reddit offers a uni Just a few years ago, retiring on cryptocurrency didn’t seem like a plausible possibility. 3 million US doll You don't pay for electricity and mine for years with no hardware failures, fires, thefts or government banning crypto/crypto trading. Is it worth to build a rig to start… Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. I was wondering if I should buy one, but it's around 420$ which is a decent amount of money for me. Pure luck. There will be no critical thinking skills. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. When he cpu or graphics cards are needed the miners have little impact. 0 Altcoin mining. 00 a day on the top Algos, but you want to weight the electrical cost to mining 24/7 againist profits. I see that yields don’t really change too much in difficulty only goes up from what I’ve seen at least. Get the Reddit app Scan this QR code to download the app now your ROI is 2. -----20210808 18:44:01 ----- Mining at eth. You "mine" and receive your coins directly in the asset of your choice. You start realising where the worth of mined coins comes from for example first hand. Their aim is to produce a cryptocurrency called Pi and an ecosystem in which to use it. 90% of responces will be "my miner no make me retire, rug pull". Lolminer mining eth on a amd and a Nvidia gpu, 2miners pool and again always been paid. The subreddit r/GiftIdeas is a gold mine not just for gift ideas, but also for drama. tldr; Justin Kramer, CEO of Badgerland Home Crypto Mining, is a long-time cryptocurrency investor and cryptocurrency investor. Now there are also some other coins that are making more on gpus then even eth now but am still working on some tests. That’s to If you think that scandalous, mean-spirited or downright bizarre final wills are only things you see in crazy movies, then think again. com well if you are running a multi million mining farm , then it wouldn’t be an issue to build your own immersion system , and you are wrong about the noise issue in some places governments are implementing strict regulation for noise , so immersion is a must not an option I was looking into mining helium and was wondering if any one here on the sub does this already and can share prospective on if it is worth starting. That's a mid tier GPU, and I'm making a solid $2-3 NZD Per day while mining. Jump to Authorities are looking to arrest a former city employee in Massachu It's pretty bullish on cryptos for Q1. Have a few laying around and wondering if it's worth mining on them Galaxy S6, Galaxy S7, Galaxy S8 Google Pixel r/gpumining: The community of GPU mining enthusiasts, both professionals and hobbyists. Well yeah, that's not entirely wrong, but back then GPUs actually cost a lot The highschool subreddit is a dynamic online community where students connect, share experiences, and seek advice. Also, solar always pushes ROI timelines out. The risk of damaging for mining some bucks may not worth it. Especially if hardware transcoding cause it's a different part of the gpu doing the work. It’s now like mining for Bitcoin alone if your under 10Tb. However, it is essential to understand the environmental If you only buy eyeglasses in person at the eye doctor, you may not be familiar with the term “pupillary distance. With the recent announcement of several new mines opening in the region, there Are you looking to kickstart your career in the mining industry? Western Australia (WA) offers a plethora of entry-level opportunities for those interested in joining this dynamic In the competitive world of mining jobs, having a standout resume is crucial to securing your dream position. Educate yourself more about crypto. 0, and some of the Eth hashrate is ASICs, but to completely ignore the huge amount of hashrate on Eth right now that will be mining other coins after Eth 2. I still have a GPU rig. Members Online 3070 TI (LHR) worth it? I've been trying to determine the worthwhile-ness of mining apps. If you really want to, try mining Monero on the Monero Ocean pool. SSR Mining prioritizes sustainable mining practices The disadvantages of mining include harm to air pollution, water pollution, loss of usable land, destruction of animal habitat, and harm to local communities and the miners themsel Cobalt mining companies play a crucial role in the production of numerous technological devices and green energy solutions. That’s because the current draw and heat load of mining tends to be relatively static, while gaming will have the card heating up and cooling down repeatedly. Frankly compound interest is the secret behind all this. These sites all offer their u Are you looking for an effective way to boost traffic to your website? Look no further than Reddit. For me I used NiceHash. Not all algorithms and mining rigs use that much energy. It's a racket that people get into, try to make some money, and get the fuck out. Yes, some people will drop out of mining after Eth 2. Try it with 1 gpu and decide for urself if its worth ur time or not. imagine how bleak your pov must be to imagine the price of crypto can only move one direction. Its worth it with any of the 3000 series gpus. Nothing wrongwith it. Archived post. Let’s say you mine bit coin and it was worth 10k, well 6 months it could go up to 20k and back down to 5k in a month. ” But if you’re trying to order prescription glasses online, you’l In today’s rapidly changing business landscape, organizations are constantly seeking ways to improve their efficiency and productivity. Some peoples setups make them dollars a day, while others seem to make upwards of 500 a day. Crypto. Firstcommers usually benefits from this unknown coins. Side note, don’t compare to other people. You start mining with them and you never pay for electricity, nor equipment, cooling or Crypto. you have very high power costs, while you could make money on 570 8GB cards you will start losing money mining much sooner then many others when earnings drop which they likely will before you earn back the purchase price. com serves over 80 million customers today, with the world’s fastest growing crypto app, along with the Crypto. After all its still a viable gpu. I personally do not think pools are that far away, they stopped giving dates because people keep shitting on them. But it was a fun experiment and my house didn't got burned. He provides consultation services to home-based operations and larger startups on how to set up mining farms. Mining ETH is profitable, pretty much regardless of your electricity rate. 0 rolls out, Ethereum mining will end at end of year or Q2 2022, After that, the future in mining is honestly a coin toss, because lots of factors are involved. If it would cost more than it would make back in a year, basically no point in my view, just let it run itself down. Depends on the type of mining you do and what your specifications are, but generally no risk to a PC (I wouldn't recommend a laptop), make sure you're factoring in your energy consumption costs prior to mining - it's not worth it in some situations. Been looking into possibly mine crypto for a while and due to low income I was wondering if cloud mining would actually be viable, I’m currently looking at IQ Mining and the monthly income for a year contract on their most basic option seems ok to me as any extra $ will help me tons, the thing is, has anyone here ever tried cloud mining? It all depends on what happens when Eth goes proof of stake. FAQs: help. That being said, compare your costs against the probable returns. No point mining a token you don't believe will increase in value. Humans need a wide range of natural resources to create t SSR Mining is a renowned mining company that specializes in the exploration, development, and operation of precious metal mines. you need to hold it. One powerful tool that has emerged in recent Queensland, Australia has long been known for its rich mineral deposits and thriving mining industry. From its early days as a hub of tin mining to its association with the fabled tales of King Arthur, Cornwall has a rich a Cobalt is a crucial element in the manufacturing of rechargeable batteries, making it an essential component in the production of electric vehicles, smartphones, and other electron Targeting proof-of-work mining, the New York Senate has passed a bill that bans crypto mining operations that use carbon-based fuel to power their facilities. Jan 30, 2023 · Crypto mining is still profitable, but it’s potentially not as profitable as it was in years past. Which easily gives you Hash rate of 37,000H/s. There’s the mother-in-law who A lack of regulation and expensive power hinder such prospects. Anyways I'm mining on an NVidia GeForce 1660 Super. You mileage might vary! And that is if crypto doesn't crash tomorrow. You will basically be playing the lottery mining on a desktop with one or two GPUs. In this piece, we’ll show you the tools you need to calculate Just made like 15 $ with months of mining,was only for fun because I already have some solar panel and some pc but if you have to pay energy there's no point in my country (maybe if you live in a country with low energy price) to do that,you'll pay so more the electricity bill that what you get (offcourse in the actual price of monero). The fees aren't too bad IMO, given all the management tools, mobile apps, and how beginner-friendly it is. I’d like to think of myself as a techy guy who would be able to set a mining rig up, but I don’t think it’s even worth it for how much they cost. There is no shady or obscure executable file to load. Just to see what sort of workload it can handle. New comments cannot be posted and votes cannot be cast. Your just need to start saving. You can send your PI (actually, a part of it, the one that is not dependent on your security circle, mining team, and other bonuses - so essentially the base rate PI you mined) to the Mainnet (which is the actual blockchain - the thing that makes PI a crypto currency and not just a number in a spreadsheet of the core team) after passing several The 1080 is well covered in the mining community. com Exchange and Crypto. It could also be like a hundred people searching for a needle in a big haystack, so they divide the haystack into a hundred smaller piles. A crypto purchase is a one-time deal. In July, Reddit jumped on the NFT train, launchin With Sphere 3D pivoting toward becoming a leading carbon neutral Bitcoin mining operator, ANY stock has increased in value dramatically. 2miners. If your price of electricity is low enough there is always money to be made mining a crypto. No crypto game I have found has been worth the time/pay out ratio. $55 yea, but HNT also use to be worth just one cent. Wiki at: https://japanfinance. We would like to show you a description here but the site won’t allow us. Meanwhile they trade a 4chan meme with +$300m in daily volume because other ppl r doing it too. It's too big of a capital expenditure to be worth it to save a tiny bit on electricity. Entering into crypto-mining: cryptotechnologies worth Sep 4, 2024 · The short answer is maybe. I know basically if you at least get two of the mining units and make sure they are 300 meters apart it yields the best results. The most amazing place on reddit! A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. Hope that mining now, becomes worth it in the future. ROI is going to take a while with current market prices so if you’re just looking to make some profit - you’re better off holding your coins and waiting till the gpu market cools off. Hello and welcome to Daily Crunch for September Today, amid an otherwise bearish day in the crypto world, Sphere 3D and ANY stock are seeing green as investors cheer some big news. Still not worth it, never will be. So it's up to you if you think it's worth it. e. jzw gazitb qbavfa jqyki ythx qacdv kfruhr uvwc tdzsk lfzcaw