atlas51

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205
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Jan 17, 2017
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Recent posts
  • Consider this: buying Bitcoin instead of mining. My buddies in Russia are dropping 17-20k for 1 BTC with those high-end ASICs. If Bitcoin crashes to 15k, you might be better off just buying it and avoiding the headache…

  • Mining growth depends on profits. New nuclear plants might pop up, but electricity costs will keep rising. So, miners will flock to places where power is cheaper.

  • What causes downtime for mining pools? I’ve noticed it with home setups, like when one of the miners had server issues. But even then, the profits were still better than regular pools.

  • How often did you check those rewards? I say if you're looking at just a few days, yeah, you might see 10-20% differences. But over a longer period, like 6 months, those differences tend to shrink. Also, make sure…

  • Thanks for the input! But we did talk about how 1 astkm needs a lot of extra gear. What’s the gas price in the US right now? Maybe a gas generator is a better bet?

  • How do you expect to get power for $0.01 per kWh? If I had that rate, I’d just sell it to miners for a few cents and make a killing.

  • Not sure that really answers the OP’s question. The focus should be on the industry itself, not just the mining mechanics. Plus, the format is a bit messy.

  • Is the mining market really that small? Remember when GPU mining blew up in 2017? Everyone and their mom was buying graphics cards like crazy. But back then, ASICs were dominating.

  • Mining from home is pretty much dead in many places. If you’re serious about it, you’ll need your own power plants nearby. It cuts costs and avoids losses from consumer management. That’s the only way to really make it…

  • Nah, I doubt that will be the next smartphone. These devices need cooling, and honestly, why not just set it next to your PC? Solo mining devices are already pretty pricey. I don’t see the need for an eSIM if you can…

  • For sure, there's way more info now than back in 2015. Setting up an ASIC feels like a breeze compared to back then, but there are real challenges. 3 kilowatts or more for power? Crazy. And don’t even get me started on…

  • I’m confused about your testing goals. Modern inverters are super efficient, like 95% plus. How do you plan to handle power at night though? What’s the total consumption of your gear? Honestly, wouldn’t it just be…

  • I hear you, but I know a lot of miners who swear by voltage stabilizers. I use one too, and they've got their solid models out there. The catch is that they only work in a specific voltage range and aren't great without…

  • Good idea to share your experience! But I suggest connecting with local miners first. Learning from their trials and errors could save you a lot of headaches. I made my share of mistakes, but the profits back then made…

  • After the next halving, older models like the S9 might become less effective. In my country, they’re selling for about 10-20 bucks now. Some folks buy them just for collection, so you could still make a sale!

  • Electricity costs in Australia are sky-high, so mining probably won't be profitable from the get-go. Maybe solar power and some government subsidies could change that? But then they'd need training on how to use solar…

  • It's awesome you're trying to help, but let's be real. Finding work in mining is super hard, and home mining isn't really a thing anymore in places with high electricity costs. Australia isn’t even a top mining country,…

  • Check out Nicehash. They have articles, blogs, and calculators. But seriously, figure out your electricity costs first. If it’s over 6 cents per kilowatt, it might not be worth starting mining now.

  • I’d only even think about solo mining if I had at least 100 THash. Anything less than 1 THash is pointless right now. An old ASIC with like 10-14 THash might work, but the electricity costs will kill you. Mining's no…

  • Raspberry Pi is good for controlling USB ASICs for solo mining. But you really need energy resources to even think about mining with proper ASICs.