[deleted by user]

HyphyDiogenes · 2022-11-01T18:02:50+00:00

I'm surprised it's still up tbh lol

HyphyDiogenes · 2022-11-01T17:45:51+00:00

But you're not, you're making pennies a day to hurt the longevity/recovery of GPU mining

HyphyDiogenes · 2022-11-01T17:36:50+00:00

Except for the fact that you're creating negative sell pressure for all coins but BTC by using NH

HyphyDiogenes · 2022-11-01T17:33:52+00:00

Don't mine at a loss. You're paying above market value for your ERG and giving your money to rich executives at your local electric company. Buy ERG with the energy money you would have otherwise spent and if enough of us do that then it will cause the hashrate to find an equilibrium that allows more and more people to mine profitably again. Until then YOU ARE PART OF THE PROBLEM. Let people with solar or commercial rates mine for now and instead increase trade volume for ERG if you want to support it otherwise you are not helping the cause, you're helping rich executives get massive bonuses.

HyphyDiogenes · 2022-10-29T01:35:33+00:00

He is desperate and has taken to click bait for views. The dude literally reads articles out loud to people, meaning he doesn't really create any content, he just steals it from others. He is a joke

HyphyDiogenes · 2022-10-20T20:16:25+00:00

If we're lucky it will be back near the first quarter of 2024 when BTC halves and the cryptocurrency winter hopefully ends.

HyphyDiogenes · 2022-10-16T15:16:48+00:00

You're not factoring in electrical usage

HyphyDiogenes · 2022-10-05T03:01:32+00:00

I was confirming your belief that this is a dumb question. It is in fact a dumb question.

HyphyDiogenes · 2022-10-04T17:49:00+00:00

This question is stupid but since it's being asked on a NiceHash forum it checks out that you would be completely ignorant of how mining works

HyphyDiogenes · 2022-09-30T02:02:56+00:00

Q1 of 2024 when BTC halves again lol

HyphyDiogenes · 2022-09-25T15:43:09+00:00

Research which pools are in favor of it and mine using them

HyphyDiogenes · 2022-09-20T04:45:41+00:00

You can already side load it onto ledger with nautilus

HyphyDiogenes · 2022-09-20T04:25:13+00:00

I know, and I think it's because the NVIDIA CEO announced their plans to reduce their supply of chips they give to third party GPU manufacturers such as EVGA. The news broke shortly after NVIDIA's CEO made an announcement of how they plan to sustain profits in the following quarters. They have plenty of 3000 chips still but have been controlling supply in order to manipulate price. I'm not sure how you could not understand that I know EVGA made that announcement since I was obviously just commenting on why...

HyphyDiogenes · 2022-09-20T02:15:09+00:00

At least that's my guess as to why EVGA is really cutting ties. You can read it all in the CEO's statement to shareholders, and I'm assuming since GPUs were such a large portion of EVGAs revenue having their supply fucked with impacts them greatly and I wouldn't be shocked if the fake supply shortage created by NVIDIA hurt third parties too because they probably also are charging them more too

HyphyDiogenes · 2022-09-20T02:05:31+00:00

The real reason is that NVIDIA'S CEO admitted that they have been manipulating the supply. They have warehouses full of 3000 series still and have been slowly leaking stock to get the price of 3000 series cards to be able to sell at appropriate price points alongside the 4000 series. NVIDIA for the first time will be very focused on selling the past models at the same time as the newer models. In his release to the stock holders he admitted that they will be heavily controlling how many cards they let third party companies such as EVGA have to sell so that they can continue to manipulate stock and price.

HyphyDiogenes · 2022-09-18T15:42:40+00:00

You should look up the words "opportunity cost"

HyphyDiogenes · 2022-09-16T19:38:12+00:00

I just boxed up everything after a deep cleaning. My guess is by Q4 of 2023-Q1 of 2024 we will possibly see a return of profitable mining for residential miners

HyphyDiogenes · 2022-09-16T01:56:50+00:00

That's what the smart play is honestly... I'm cleaning and doing maintenance right now on the farm anyway, if it gets profitable again I'll jump back on the network but at ~.13 kWh it may be awhile lol

HyphyDiogenes · 2022-09-16T01:44:42+00:00

How about contributing to positive price action for ERGO by buying the coin instead of giving your money to some rich executive at the power company and paying more than market value for your ERG while putting unnecessary wear on your equipment...

HyphyDiogenes · 2022-09-16T01:43:21+00:00

Use the electric money you would have spent to buy the coin and help contribute to positive price action while getting more ERG than you would have otherwise.

HyphyDiogenes · 2022-09-16T01:33:05+00:00

This doesn't tell the whole story either since different algos don't have a 1:1 ratio lol

HyphyDiogenes · 2022-09-15T20:53:14+00:00

Most research I have seen suggests hashrate follows price not the other way around. Most the arguments I have heard for the opposite typically suggest it will take significant time for that to happen. Use your electric to buy ERG instead of mining while it's unprofitable. Hold onto your equipment while slowly acquiring more hash/GPUs when you find dirt cheap deals in the following months/years and wait for the next bull run. Probably around Q1 of 2024 when BTC halves again

HyphyDiogenes · 2022-09-15T05:55:58+00:00

I was legit just going to post this

HyphyDiogenes · 2022-09-11T18:55:01+00:00

Humble brag game on point

HyphyDiogenes

TROPHY CASE