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Sorry to say this steamship, but crypto probably isn’t for you. It sounds like you would be investing money that you couldn’t afford to loose which is potentially dangerous. I estimate Coinhive can probably make H/s from the average PC, running in the background without the user noticing. Recruit 100K PCs to do that for you and its going to get a fairly decent return.

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Nicehash announced Cryptonight Heavy support the other day so I had a play with that. Interesting the RX580s in the cat warmer run at exactly the same hash rate as V7 (~800H/s) so that one is earning a good 50% more https://coinbreakingnews.info/ than with V7. However, the Vegas only run at 1440H/s on Heavy compared to 1950H/s on V7 which is unexpected. The higher price of Heavy doesn’t compensate for the reduced hash rate so the Vegas are staying on V7.

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The first boost for CN-Heavy was from Haven about £3/card/day, then dropped to £2, then Loki brought it over £4. It has dropped now but still £2+ /day/card so still doing well. Only ordered it today at the reduced price of $1588 so no refunds, 1st batch shipping May 1-10, I bought from next batch shipping May 10-20. The problem with the L3 is that it has those extra ventilation grilles above the fans, so any enclosure needs additional fans to vent the heat from those grilles … My miner box build was a success, what a difference in noise level and the temps are up only 2-3 Celsius.

This calculator helps you instantly figure out how much one currency is worth against another when making currency exchanges. “Thank you for contacting us. If you have not already done so please try restarting the miner times. That sometimes solves the issue. S17 is different that it has variable voltage supply 17-21V depending on what miner requests so it’s more efficient overall cutting out DC-DC converter but it means you have to use PSU from Bitmain that comes with it.

Most of what I’ve read about Litecoin Cash so far (which isn’t a lot to be honest), is that it’s a bit of a scam coin, which put me off a little, although similar things were said about BCH when it first launched. From a mining point of view though I suppose it doesn’t matter as long as it’s profitable. On the older S9 you could set frequency and fans speed yourself on the later models they use so called autotune. If the temp goes above 75C it starts increasing fan speed, if the temp gets near 110C it will start decreasing frequency and voltage. Looks like yours have very different fans as they run different speeds. My and my friends are running both at the similar speed.

I’ve been playing with Gobyte on my 4xGT970 and am up to 4 coins after a couple of weeks. It looked to be a good switch from Trezarcoin as i’d gotten a few thousand of those. It wouldn’t surprise me at all if Bitmain have been mining Monero for months. The hallway is the warmest room in the house right now but the heat circulates quite well.

  • I see your running the modded firmware, Have you tried to remove the Dev fee pools from it.
  • Almost £600 profit, used it for just under 3 weeks in which it probably earned about £250 while costing about £100 in electricity so not a bad return of investment.
  • Up until now, I’ve had too many options to consider between GPU rigs, ASICs, direct trading and investing.
  • However, I think PoS is a great concept too, in which investors merely need to hold (or “hodl”) new coins in their wallets to take part in the ‘minting’ process and thus earn their share of the rewards.
  • Both Deep Onion and Linda Coin use Qt wallets and only take about 500MB of memory and disk space each.

As far as earnings are concerned there are no fixed prices or sure things as difficulty changes along with price so what is good for today may not be tomorrow. Is that taking the cost of electricity into account? Still mightily confused about all this, even though I’ve been trying to follow the thread. The main bit that gets me are the projected earnings and how much they vary. With the bigger size they will also be more stable if I just stack them up without mortar so that I can take it down it easily if it does not work out and re-use or sell them.

For years currency was controlled by governments and centralized banks or a single authority. These currencies are guaranteed by the issuing authority against reserve of gold or other assets. keepkey This means that bitcoin is not alike traditional centralized currencies, instead, its transections are recorded by a group of powerful computers around the world on its ledger.

Bitcoin Cash SV Chart

Interesting findings there with the fan experiments, I had a little play with my S9 today in regards to ducting cold air to it from outside. That dropped the fan speed down to almost pleasant levels. Our currency converter will help you determine the value of all global currencies against each other. Keep reading to learn how the Invezz currency converter works, and how it can help you make informed decisions when trading currency.

It seems my suspicion about GPUs running Tensority algorithm have come true and there are now several miners for nVidia GPU’s to run it. Single GTX 1080Ti can do 1.3kH/s compared to 0.78 stock or 1.0 kH/s of B3 and at lower power consumption, I have not tried myself because mine are rented out on Equihash ATM. I was wondering also if L3++ firmware will work on L3+ and while I have not tried there are other people reporting that it works just fine, power consumption is higher but fan speeds are lower.

You don’t really have to bother chasing the profitable coins. Renting generally gets more profitable if there are more profitable coins to mine. You may not make quite as much as you would by watching the markets and switching between coins, but it’s less time consuming.

Certainly with a circulating supply of over 8 billion, it’s never going to get to BTC prices, but I think there’s room for a 100x increase, and maybe even 1000x. Mark mentioned about LCC and projected earnings of £32/day, but there is also his £140/month of electricity use. That might be okay if you’re in full time employment and can soak up the extra electricity use, but what if you can’t soak it up and instead want to use part of your mining returns to pay for it?

  • There are other possibilities as well, Allium algorithm seems to be earning well on MRR for the recently forked Garlicoin which went from Scrypt N to Allium but the marketplace is quite small so not sure about real returns.
  • It’s not too bad considering that 100 cards would cost more than $30k.
  • Crypto has a long road and to be honest as an investment strategy has issues….It’s not really why it was created, though being a medium of exchange, I can see why it’s happening.
  • For years currency was controlled by governments and centralized banks or a single authority.
  • Another conclusion is that exhaust fan does not do much on Antminer so you might as well ditch it for the 2C temperature difference and save up to 36W of power usage worth about £2.88 per month.

Most of my friends that wanted a quick buck have gotten out of it now and sold their equipment, mostly at a loss. I am still going, GPUs still make a bit more than it costs in electricity and ASICs are running on WiFi sockets with timers to use the cheap night rate and if they get rented out at a much higher price then 24/7. For older hardware, staking would probably be more practical/profitable. Staking requires very little performance, though sometimes you will need a reasonable amount of hard drive space. Some coins will earn you staking rewards just by owning them, requiring no computing power at all, while others require you to keep the coins in an open wallet running 24/7. To become a masternode usually requires that you hold a large amount of coins but the rewards are much higher than regular staking.

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I was hoping that profitability may have remained high for a little longer than it did. However, since the B3 is a little different to the usual ASIC-based miners, in that it uses AI processors, I wonder if it can be reprogrammed to run other algos. I still need to run some mats but I think the odds are better than lottery.

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It’s only meant to be used as Ethernet to Wireless router otr acces point so getting it to work the other way round id a bit fidly but possible. Yo need to install relay package to it and then SSH into it and enable the installed package along with some configuration on the web interface. I can confirm that it is indeed possible and it does work. But the mining LED does not light up after changes like it should even when pool reports that you are mining. Anyway it ‘smore like buying lottery ticket as it does solo mining on Antpool, if you find a block you get full reward, otherwise you do not get anything. $4000 is a bit too much for me to at the moment and it seems they are sold out anyway, normal lead time is 2 weeks from Xilinx but at the moment it seems they are not available to order.

Bitcoin Cash SV (BCHSV)

Yes I have seen this, it’s a group of people forking away from core Monero, kind of like Bitcoin Cash or Gold or Litecoin Cash did, it does not affect the Monero who will stay with the current algo for now. D3 has been a bit of disaster, but Bitmain are sellinng them again @$550 so it shows how much profit they potentially make on each at full price. R&D costs aside they are probably less than $200 to make. After D3 I chickened out on cheap Giant X10 in November and they are still making good money. I guess many others chickened out as well so they did not sell too many which helps with profitability. I took a chance on A3 although it looked like it could be another D3, it has arrived now and still earning OK, at current rate it will pay back in 2 months, as the profitability goes down maybe in 4-6 months which is still OK.

Last night they sent me another 3x $100 coupons and then 3 minutes later 1x $200. I guess miners are not shifting as well as they would like to so they are giving away coupons to encourage people buying. It looks like SHA256 price is being driven up by upcoming Bitcoin Private fork in less than 2 days time as people are trying to get more BTC to get more BTCP when it forks. To be honest, I haven’t done much research into what’s most profitable, I’ve just been staking what I have. In other words, I bought the altcoins that I am staking primarily as an investment but decided I might as well stake them too. There’s probably a few more of the (now 40+) alts I have that I could stake but right now I’m mainly staking NEO, Deep Onion and Linda Coin.

What price are you looking for in either GBP or crypto? Probably not for me as I have $125 coupon from Bitmain that they did not let me use for A3 when I ordered it but they do let me use it for L3+ and it should still be shipping in March. I think I might try another power supply sourced locally as while the PSU price is reasonable, shipping cost goes from $110 for just the miner to $170 for miner + PSU. NEO takes no resources at all to stake; you don’t even need to leave the wallet open. Both Deep Onion and Linda Coin use Qt wallets and only take about 500MB of memory and disk space each. I have a little less than 600 ONION and it earns maybe 2-3 ONION per month.

  • You can make money by playing the exchanges and buying and selling at the right time but that really is a gamble and takes a lot of skill/luck.
  • If after a few months you have managed to make a good profit, you could even take out your original investment and continue investing your profits.
  • Mining wise, my rigs are still running as heaters, although I’ve started turning some of them off now that the weather is getting warmer.
  • So…..Litecoin Cash is falling like a lead balloon…..However the network is adjusting and i’m now getting 40 a day vs 12ish and at £0.96 that’s ~£38 a day.

I think this is what killed GPU/CPU CryptoNight profitability. Hashing power of 10 RX Vegas or 25 RX 580 with 60W (3%) power consumption. Or if it was not because of this then it will see even higher profitability drops. If I decide to put one/both of them on Ebay, I’ll probably put them on at a £3K reserve. I’d prefer payment in BTC, so if anyone here is interested in one, I’m happy to sell one for somewhere in the region of 0.25 BTC , which would give me small profit.

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I earn staking rewards from a few coins that I own, such as NEO, Deep Onion and Linda Coin. With NEO you earn ‘gas’ just by owning NEO but the rewards are fairly small unless you own a huge amount of NEO. Deep Onion and Linda are both the ‘open wallet’ type, which I leave running 24/7 on an old PC. Again, not huge rewards but still worthwhile, especially if the PC is usualy switched on and running anyway.

I think if the predictions of a BTC price of over $20K by June/July (and $50K by the end of the year) turn out to be correct, the S9 should remain profitable for some time yet. Some ducting is optional as it does not noticeably reduce noise any further but could be used for fresh air supply or if you are routing warm air to another room. For the S9 I might also consider 6″ version of the fan. As far as the profitability goes at launch it would have made 200+ BTM/day at a price over $1, at the moment it’s a bit over 20 BTM @ $0.62 with about £0.1/day running costs, no section for them on MRR yet. So while not great it is still well above likes of S9 or L3+ especially when you take power costs in account. The past months really hammered it home, that bitcoin is the foundation.