Why would anyone sell a good mining rig?
- FAQ. Those who are looking for an answer to the question «Why would anyone sell a good mining rig?» often ask the following questions
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Those who are looking for an answer to the question «Why would anyone sell a good mining rig?» often ask the following questions:
❔ Why would anyone sell a bitcoin miner instead of just mining themselves?
They might not think mining is profitable and are simply looking to sell hardware and treat BTC miners as a good target market, media attention probably means there's a lot of naive users that believe they can make huge profits by mining themselves. Once you scale up mining beyond a certain limit there can be significant capital costs.
❔ Why would anyone invest in cryptocurrency pool mining?
A Stable, Censorship-Resistant Store of Value. Another common reason to invest in cryptocurrency is the desire for a reliable, long-term store of value. Unlike fiat money, most cryptocurrencies ...
- Would my system be good for mining?
- Would this be any good for mining?
- Is bitcoin mining a good idea to sell?
❔ Anyone know of a good turtle mining program?
In the process of making one RN. dunno when I'll have it ready because of school, but once it's up and running I can let you know. It's a more efficient quarry mining program that deals with both gravel and mobs. It will know its location in the world. The smallest area it will mine will be a 3x3 down to bedrock.
- Is newmont mining a good stock to sell?
- How much would a good mining rig cost?
- Would my gtx 1070 be good for mining?
10 other answers
Why would anyone sell a good mining rig? I've seen a couple ads on the "craigslist" in my country, people selling decent mining rigs, with good specs, the investment returning in 6 or 7 months and making profit ever since. Let's say the ads are legit, why would you sell something that makes 1500 USD a month on its own?
The proposed changes for the upcoming London hard fork, scheduled for July, will lead to short-term profit loss within the miner community. This is why the Ethereum Foundation, a non-profit, dedicated ecosystem of organizations and companies that support the Ethereum blockchain, is trying to de-escalate some miners’ attempts to display the “show of force” of a possible 51% attack on the ...
However, there are three factors that separate profitable miners from the rest: cheap electricity, low cost and efficient hardware and a good mining pool. 1. Efficient Hardware
Earn 1000 EUR per month with this mining rig! NVIDIA RTX 3060 Ti is becoming very popular on NiceHash! That is why we assembled a mining rig with 10x NVIDIA RTX 3060 Ti. This mining rig’s hashrate is more than 600 MH/s and draws only 1400W. Currently, that is around 40 EUR per day!
Solving these problems verifies Ether transactions on the network and miners are rewarded for their efforts. The good thing about a GPU mining rig is that it can adapt and you can mine a variety ...
Mining Rig Companies and Products. However, Considering the market, only a few dedicated mining rig companies are available with dedicated mining rigs. Bitmain offers two dedicated mining rigs i.e: Antminer brand and the S9 series. These two machines involve consumption of approximately 845-1375 watts and calculate hash solving at 8.6-12.9 TH/s.
When you pick your cards, remember to check online if they’re suitable for cryptocurrency mining. Remember, though, that a good rig has to be made out of several or more GPUs - plan your funds and other purchases accordingly when thinking how to build a mining rig. Power supply. The power supply that you’ll have to get depends solemnly on the other components of your rig.
Mining for cryptocurrency is about processing power, certainly—that’s why the distributed chip designs of GPUs are better for most methods of mining than CPUs. But it’s also about efficiency: if a miner uses so much electricity that it’s eating up electric bills faster than it’s solving hashes and generating coins, then it’s actually losing money for the owner.
3060ti is currently the best gpu to mine with hash to power usage 61.6 to 63mh on a 3060ti at 119w software which is 136w at the wall 2 of them is the same price if not cheaper then a 3080 and giving u 123mh to 126mh at 272w put it into a bigger picture say you run 240v like most miners on a 30 amp breaker you can get 2.5gh at the 80% rule with 3060ti and if you were to use 3080s would be at 2gh so 500mh less at the same power consumption and price.
As the name suggests, successful mining results in the creation of new crypto coins that are awarded to successful miners. Mining is the only way that certain crypto tokens (e.g., Bitcoin) enter circulation. Not all cryptocurrencies can be mined, such as ones that pre-release all their coins as part of an initial coin offering (ICO).
We've handpicked 20 related questions for you, similar to «Why would anyone sell a good mining rig?» so you can surely find the answer!
Would my system be any good at mining?
After i just read about this bitcoin mining and people claiming its good / people claming its bad. I was thinking if my system is any good for this Msi Mpower z77 Motherboard Msi GTX 680 4gb GPU Intel I7 3770k clocked
Anyone mining in australia?
Anyone mining in Australia? Archive View Return to standard view. from April 2019; to July 2021; last updated – posted 2021-Jul-8, 4:20 pm AEST posted 2021-Jul-8, 4:20 pm AEST User #363194 622 posts. Ch4rM! Whirlpool Enthusiast reference: whrl.pl/RflzYQ. posted 2019-Apr ...
Anyone mining in japan?
Anyone mining in Japan? Looking into mining in Tokyo but currently there’s basically no one around, is anyone else out there considering setting up miners? Thanks!
Anyone still mining bitcoins?
Bitcoin mining can still make sense and be profitable for some individuals. Equipment is more easily obtained, although competitive ASICs cost anywhere from a few hundred dollars up to about...
Anyone still mining eth?
Still mining ETH at around 2.8 gh/s. I continue to mine because I am still profitable here in Canada despite the poor market prices. Each week I make more ETH as difficulty decreases and folks shut down. ETH is here to stay and I can sell at a later date when prices are better.
Genesis mining - #bitcoinminingreport anyone?
Cointelegraph. #BitcoinMiningReport anyone? 🕺 And remember, we are SOLD OUT, and ha ... ve no agents selling hashpower on Facebook or other platforms! Stay alert, folks, lots of GM impersonators out there! Here's the latest Bitcoin Mining Report, and the biggest headlines from this week!
Is anyone still mining?
Is anyone still mining it? If you could also explain how does Bitcoin or Cryptocurrency work, that would be extremely helpful as I find it hard to understand no matter how much I read up on it. Investments Cryptocurrency Bitcoin. 2. 👍. 0. Discussion (2) What are your thoughts? Post. Takingstock @ 24 Nov 2020. Level 10. Not politically right answer... But what I read, learnt and believe the ...
What is good to sell on mb thru mining?
What is good to sell on mb thru mining? [Question] I have farmed 5 stacks of eff water and I sell them 1 gil below the lowest price, they don't sell very fast so what else can I do with level 31 mining that can sell as well or bellow eff water? Thanks for reading <3. 18 comments. share. save. hide.
Whats good to sell after mining and smithing update?
The Mining and Smithing skills received a significant rework on 7 January 2019. As part of the overhaul, most Mining and Smithing-related content was altered, with changes to skill mechanics, the addition of new tiers of ore and Smithing products, and alterations to existing Mining and Smithing related content, such as monster drop tables.
How good would my pc be for bitcoin mining?
Bitcoin mining is a trend that is sweeping up internet users all across the world – and with good reason too. Bitcoin has quickly become an incredibly profitable source of additional income, and all it takes to really dig into the virtual mines is a decent computer that is capable of completing the complex algorithms that make up the blockchain of Bitcoin itself – it can be pretty confusing to understand, so check out this whole article I wrote about Bitcoin mining for a decent rundown ...
Anyone here mining on 1080ti?
Anyone here mining on 1080ti? Decided to mine part time for shits and giggles since selling off my dozen gpu rig last year. Does anyone know why my 1080ti might be getting inconsistent hash rates? Starts out at 35mh and drops below 10 shortly after. If I remember correctly I was getting about 37 consistently but it has been quite some time ...
Anyone mining with r7 260x?
R7 260X, R7 260X 2GD5 OC = 255 khash It takes 1 month to return investment on my 270x toxic mining protoshares. I don't think it's going to crash at all, I think the prices are going to get higher. I'm not going to invest all my money into this for sure. Once my 270x turns a profit, I'll decide to get another with those profits or not.
Anyone solo mining alt coins?
In Crypto getting in early is the key so keep looking at Altcoin announcement thread of Bitcoin Talk to find out newly launched coins. Once you found the gem, setup the miner, and start mining solo to hit a block on your own. Believe it or not, solo mining is very much possible and even with a single GPU you can hit a block.
Can anyone do bitcoin mining?
However, it is impossible to profitably mine bitcoin with a home set-up today. Because of increased difficulty levels, after many years and many burnt-out graphics cards, a home miner would be lucky to accumulate 0.1 bitcoin.
Can anyone explain fleet mining?
I'll provide a short and concise answer: Fleet Mining: A method of mining far less efficient and far more frustrating in it's current format than simply designing a well thought out dedicated mining cruiser.
Can anyone go gold mining?
A mining tenement - providing you have permission from the tenement holder. A granted exploration licence, after having been granted a three-month section 20A permit. It is important to note that gold prospecting and fossicking cannot be carried out in national parks, nature reserves, on Aboriginal land and heritage sites, within townsites or other classified areas such as cemeteries.
Has anyone bought mining gpus?
- The short answer is yes, although there are some risks in buying a GPU used for mining. However, these risks are no more significant than buying used computer hardware in general.
Has anyone succeded mining bitcoin?
Bitfarms, a new listing in the BTC mining space, has done even worse than the Grayscale Bitcoin ETF. [+] Gold has been a dud, too. While the S&P 500 continues to be steady as she goes.
Has anyone used compass mining?
Has Anyone Used Compass Mining? I’m going to be moving to a small apartment soon in Canada, but I’d like to eventually get a miner for a bit of passive income. So as an alternative, Compass Mining could be an interesting business to look into.
Is anyone mining for bitcoins ?
Anyone can mine coins on the Bitcoin or Ethereum or Monero blockchains – all of which are referred to as public blockchains, because there is no censorship as to who can read from or write to that blockchain.