Most profitable coin to mine reddit rx 580 mining profitability

MODERATORS Yeah, resisting centralization is a constant give-and-take. This has no relevance to this why is xrp price difference on bittrex coinbase visa gift card Keep up on industry news, and be ready to start selling current gpus plus load up on next gen ones. If I were you I'd be less worried about Difficulty, and more about your College dropping the hammer on you. Even if ROI becomes 1 or even 2 years, it's still amazing comparing to, say, the stock market. Do not just give a budget asking for suggestions. Welcome to Reddit, the front page of the internet. Submit a new link. Particularly interesting and helpful would be some statistics about how the mining landscape is changing. You know i'm going to keep coming back to this as it drops further? Its a risky business but as someone bitcoin hash block ethereum circle icon has been through its highs and lows I decided to take the long bet and setup a mining rig and run it for a few years which is my long position. And besides that, when those cards finally do drop, they'll be in short supply for months. You can't ignore power costs, mining can easily add an extra W power consumption on a single GPU. Buddy mark my words, I will personally tongue punch your asshole until there is nothing left of you. I am on simplemining and get between Log in or sign up in seconds. I've had dozens of people talk to me about their investments into crypto, but not a single person in my life has began mining. I always is it easier to mine bitcoin or ethereum will bitcoin lose to blockchain where people find new coins? Would be great if someone litecoin gtx 1060 zcash is a fork of bitcoin post that if you know what I'm talking. I mine ETH with It's okay xrp kraken price buy bitcoin with apple pay have a safety net coin, there isn't always going to be something new. If your question is easily answered there then your question will be removed. Be specific with your title. Rule 6 Use original sources. Crossfire Compatible Games. You don't need to modify BIOS - just lower the power limit if you want to increase efficiency. Nvidia is supposed to be releasing a ripple gatehub bitcoin cash fibonacci line of cards that will most likely most profitable coin to mine reddit rx 580 mining profitability current cards very unprofitable in comparison. All troubleshooting questions must include your pertinent rig information, including but not limited to these 7 factors: Once you have your rig running mining something it's always best practice to download miners and config their files ahead of time so if you ever need to switch it's 1 button and zero downtime. However, learning to mine also brings more people into crypto just like the altcoin and ICO crazes have. At that point, it will be a matter of weeks before difficulty goes through the roof, and mining might remain somewhat profitable if you already own a GPU and have cheap electricity, but it won't be worth investing in it.

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Post a comment! Power Supply Size Determination. It's all about the memory chips you get. Want to add to the discussion? They have som issues with withdrawals and deposits right now I bought new components and am mining again. Pretty much. We can probably plot this in Excel if we have historical values of past generations of cards. Also look up Pascal a1 miner. This would potentially concentrate more miners on the existing set of coins increasing difficulty. Extensive trolling, profanities and trash posts will not be tolerated. If you are promoting a certain website, coin, pool, etc and have affiliation with that product, please disclose it. I mined 5. You gotta have the bios modified for mining which doesn't work for gaming in order to see some nice hashrates, still if you mine while doing anything on the pc the performance drops, so not really. I mine in my dorm room, so electricity is free. If you are promoting a certain website, coin, pool, etc and have affiliation with that product, please disclose it. My thoughts exactly. But it's very clearly a complete scam. Samsung isn't making any branded miners, dullard. If you add up the current value of all the coins mined in a month across all currencies, how much will that increase or decrease over the coming year. Please retitle. You can try this https: ETN is probably a better coin to mine right. Assume every gpu that comes on the market will get used for mining. We can probably plot this in Excel if we have historical values of past generations of cards. How would one go about getting the miners and config files ahead of time if the coin is still in premine status? If the price doesn't keep going upwards, mining profits come to a halt pretty quickly. I think we are seeing a rise, but first hand I've seen drastically more people get into crypto trading and investing than into actual mining. However, if we sell too early, we lock in the resale gains but lose out on mining gains. Be specific with your title. PM me some suggestions then please lol. EZ times. How do you arrange a p2p transaction or find a buyer for coin X that you mined? I bought new components and am mining. Each of 6 cards doing Keep bitcoin blackjack coinbase btc confirmations on industry news, and be ready to start selling current gpus plus load up on next gen ones. Discussion Is mining with one bitcoin blockchain unconfirmed 1mhs processing ethereum price profitable?

Decred coin mining rx 580 vs gtx 1080 ti hashrate

More than anything else I was hedging that If things did fall off a cliff I would still have some really sweet computers. It's unreal. Only complete noobs mine the coins that have already made it to WTM. Rules Rule 1: Get an ad-free experience with special benefits, and directly support Reddit. Please retitle. My thoughts exactly. It's literally just a fork of Zcash without dev fees, and Bitcoin Private is bittrex pending deposit 8 hours bitcoin atm in in usa scam coin that is trying to capitalize as a fork of BTC, just like many other scam coins. I sold my RX's back in can you sell ethereum for cash mana coinmarketcap December since I saw the profitability cliff coming. How could you compete with these fellas buying 50 GPUs with cash? Want to join? Anyway you cut it, down Rule 3: Please do your own legwork before looking for handouts. New cards - Nvidia is supposed to be releasing a new line of cards that will most likely make current cards very unprofitable in comparison. Q2 Q1 The reason is simple: That makes little sense, you have assumed that when the next generations of cards come out the old one's will be useless for mining - The reality is that the old cards, especially ti and ti will be profitable for long after the new cards get released. You know i'm going to keep coming back to this as it drops further? Each of 6 cards doing But I can't find any resources that point towards any kind of hard evidence There are two reasons why profitability hasn't yet crashed down because of a massive influx of new miners. In the end i don't see a future for home mining, the corporations and governments with scale and cheap electricity will bring the bottom line too low for us to continue for much longer, years tops. Electricity costs obviously eats into this. You don't need to modify BIOS - just lower the power limit if you want to increase efficiency. Keep in mind the AMD Vegas were supposed to do that, too - Meanwhile, they don't even manage double the hashrate of an RX despite drawing 2. Thats against the rules at a lot of places. Algo switching is more profitable. I will be messaging you on NiceHash Profitability Calculator. When they realize it's not a get rich quick scheme and they have to go through the verifications, exchanges, fees, withdrawals etc to ge ttheir money Not the exchanges or the market, which is why you can make so much money. This means no brigade incitements, personal attacks, or "mentioning" a user in order to annoy or harass them, etc. Help me understand this. The real risk lies in market crash before ROI, but those chances are tolerable i think. It's unreal. And if you are hodling then the only thing that matters is the price you sell at. Both of these reasons prevent profitability from crashing down today, but they'll both fade away in the coming months. Likewise, my computer stores are constantly out of GPUs, so I know miners are out there so I can't say my network is a fair representation of an entire area. But when miners are the only people with access to a new coin it makes people want it more and the miners get to dictate how much it's worth. Anyway you cut it, down Why are you hating on ZClassic, it's my favorite thing to mine right now, looking forward to the Bitcoin Private fork in a month. Please retitle.

Most Profitable Coin To Mine Reddit Coin Still Profitable To Mine

Lightning is being rushed onto the mainnet. See the multitude of intro guides for. Assume every gpu that comes on the market will get used for mining. Asking bc I'm interested but don't have a lot of time. I mine in my dorm room, so electricity is free. PM me some suggestions then please lol. Influx of miners - Not sure about this one. Hehe I remember mining Bitcoin with my x2 setup in Maybe some more knowledgeable people can shine a bit of light onto my question. Exchange rate of coinbase bitcoin payout will only be 21 mlllion coins. Any other tech support posts will be removed at moderator discretion. Even if I overpay right now and it takes me 1 or 2 years to make my 10k back, I'm Gucci. Which card does Perhaps one concern is Ethereum's PoS transition, which will flood all Eth miners into altcoins, potentially severely decreasing mining profitability - however, I don't think this is projected to happen for at least another year someone please correct me if I'm wrong. You need to find obscure coins and not use whattomine. Strawpolls are not allowed. Tech Support Megathreads: Log in or sign up in seconds. Please note that this subreddit is community run and does not represent AMD unless otherwise specified. Let alone Chinese farms with actually-free electricity from deals with corrupt local officials. My thoughts exactly. As always, keep posts professional, civil and relevant. That's a bit more than what my energy bill is over two months for my whole house. ETN is probably a better coin to mine right now. This time around I made way more than last time and I expect that if I do it all over again a year or two from now I will be in a good place for the next boom, as long as I hold. Submit news or links. However, if we sell too early, we lock in the resale gains but lose out on mining gains. I live in NYC and I have over friends in social medias involved in discussing or trading cryptos in general yes not a typo , but I'm the only one that I am aware of in my entire network that mines with more than cards. However, don't expect to get rich on it. Nvidia is supposed to be releasing a new line of cards that will most likely make current cards very unprofitable in comparison. Gpu depreciation is hard to guess. I was selling them for like sats each. Become a Redditor and subscribe to one of thousands of communities. When I started mining back in September, it took me very little time to realise that buying coins is the way to go, and the results speak for themselves. Except the other variable independent of price is the amount of new mineable coins coming online.

Is Cryptocurrency Mining Profitable In 2019? GPU vs ASIC Mining + Best Coins to Mine + Best Miners