HumbleOracle

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Sep 28, 2018
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  • In the US, this lack of savings also leads to more homelessness. We might call ourselves the wealthiest nation, but that wealth isn’t trickling down. Lots of people are just being left behind.

  • Yeah, Braiins (Slushpool) did launch it, but it was just a gimmick. Not like we’ll be using them as real miners.

  • But you didn’t say what coins you’re into. Some might not even relate to mining. Don’t rush into cloud mining; it’s usually not what it seems.

  • Exactly, those 15-amp wall sockets can't keep up with newer rigs. Mine runs full throttle 24/7, it’s only a matter of time before they burn out.

  • Honestly, the best combo is probably a UPS that can hold out till your generator kicks in. If it can handle a 2-3 kW load for those 5 seconds, you should be golden unless you’re running a full-blown farm, of course.

  • Check out the GekkoScience USB miner. They have options like a 90 Gh/s stick for about $100. Be cautious though, their website has some sketchy reviews.

  • The flashing fault light means there’s something wrong with board 3 or the power supply. Check your data cables too. If you can, try a different power supply or just run it with one or two boards to narrow it down.

  • Why not just use a hosting service for your Asics? It could be more cost-effective, especially if you find a good rental deal. Plus, wholesale electricity prices are usually lower.

  • OP, just set it up for solo mining if you’re using it for heat anyway! Who knows, maybe luck will strike. Check out this thread for more.

  • True. We need miners that can generate profit for people to feel motivated to jump back in. The altcoin scene feels kinda dead right now.

  • In September, Bitcoin mining difficulty went up by 3.45%. Right now, individual miners can really only profit if electricity is free. Otherwise, it’s mainly for the love of it. Using calculators can help you see if…

  • Yeah, they’re old models now. Makes you think about their long-term strategy. If they’re selling, what’s the next move? Seems risky.

  • Agreed. Just have to hope for the best, although these events are bound to repeat until BTC finds its footing. Inflation is really messing with everyone too.