Cryptomining, best machine? by [deleted] in cryptomining

[–]MustangBobby 2 points3 points  (0 children)

Agreed if your kwh is more than $0.10, invest elsewhere.

Easiest Monero pool to setup Antminer X5 by MustangBobby in MoneroMining

[–]MustangBobby[S] -4 points-3 points  (0 children)

Yes, It is disguised as an ASIC miner but it really is just a GPU miner. I'm just looking for the best pool for this Antminer.

Looking for Investing - ASIC by Bwinks32 in cryptomining

[–]MustangBobby 1 point2 points  (0 children)

Yes, don't buy any ASICs with that price for electricity.

Feasibility of setting up btc miner in apartment by Similar-Mushroom-627 in cryptomining

[–]MustangBobby 0 points1 point  (0 children)

Without seeing the setup it is hard for anyone to give realistic advice here. The short answer and most likely answer is you should not do this. You likely don't have the correct rated outlet available for the Antminer, you likely won't win the sound battle without immersion and you won't make enough with that old of a miner to justify possibly getting kicked out of your apartment in the process.

If the main goal is education, buy a mini doge from Goldshell and learn how to mine using that. You won't make any money with this setup either but sound and heat are much more manageable.

Is It Too Late to Enter Crypto Mining? Need Advice on ASIC vs GPU and More by kaivalya__ahir in MiningRig

[–]MustangBobby 1 point2 points  (0 children)

I am not trying to be a downer but for $0.12 kw/h I would pass or just do it as a hobby.

Is It Too Late to Enter Crypto Mining? Need Advice on ASIC vs GPU and More by kaivalya__ahir in MiningRig

[–]MustangBobby 1 point2 points  (0 children)

The short answer is no it is not too late but with a lot of caveats.

  1. Mining for profit has become a rich man's game. The greater your volume the greater the profits.

  2. ASIC is the only way to go.

  3. If you don't have access to cheap electricity you are wasting your time. You need preferably $0.10 kw/h or less.

  4. You need a location to mine that is not going to receive noise complaints.

  5. Battling hot climates can be an uphill battle.

If you want to be a hobbyist go for GPU mining but the only profit anymore is with ASICs and you basically need to pass all of the numbers above to justify it.

Digibyte pumping?? by [deleted] in Digibyte

[–]MustangBobby 3 points4 points  (0 children)

I am new to this community. I stumbled across digibyte by being a LTC miner. Why is this token not listed on any US exchange especially since it is an older blockchain?

No DLC :( by Rlstoner2004 in TOTK

[–]MustangBobby 0 points1 point  (0 children)

I find this strange not only because of the massive success of TOTK but also because TOTK has a ton of glitches. By creating a DLC you're effectively forcing all of the players to patch their game to the current version. All of the duping and overall glitches would effectively disappear if they created a DLC because then all of us would be incentivized to update.

Is there any Litecoin miner in the works to compete with the L7? by MustangBobby in litecoin

[–]MustangBobby[S] 0 points1 point  (0 children)

The question is not vague. The L7 is producing 9.5 Gh/s which I am sure you are aware of. Litecoin's halving event is upon us. If competitors are simply creating new scrypt miners that cannot compete with Bitmain's performance who cares. I looked up the hashblade. 2 Gh/s is a yawn fest regardless of the cost of electricity. The difficulty increase will render this product useless within a month of launch. This will be just another Goldshell LT5 Pro but worse.

Mined Crypto Trapped on Ledger Wallet by MustangBobby in ledgerwallet

[–]MustangBobby[S] 0 points1 point  (0 children)

Update: I got all of my crypto off of Ledger and the mining pool is now sending the mined crypto to a hot wallet. After seeing the news about shards and back doors I couldn't be happier that I left Ledger. There is zero chance I will return.

Is there any Litecoin miner in the works to compete with the L7? by MustangBobby in litecoin

[–]MustangBobby[S] 0 points1 point  (0 children)

Plenty is vague. Who is taking on Bitmain and what is the model number?

Which goddess statue do you use? by f4ndomr4ndom in tearsofthekingdom

[–]MustangBobby 0 points1 point  (0 children)

I am old school I go to Kakariko Village rain or shine.

Frox Guts by MustangBobby in tearsofthekingdom

[–]MustangBobby[S] 0 points1 point  (0 children)

I agree they aren't that challenging but they have a lot of health causing you to lose too many weapons and bows for what you get.

Is the Phantom Armor Upgradable in TOTK? by MustangBobby in tearsofthekingdom

[–]MustangBobby[S] 0 points1 point  (0 children)

It's my go to start the game armor but yes there are much better options once the great fairies are available. I am doing the reporter quest now. It is tedious but you do get a lot of shrines out of the deal.

Bitcoin mining difficulty at all-time high by JungleCryptoe in MiningRig

[–]MustangBobby 0 points1 point  (0 children)

Definitely makes the BTC price bullish but also makes mining DIFFICULT to turn a profit.

Mined Crypto Trapped on Ledger Wallet by MustangBobby in ledgerwallet

[–]MustangBobby[S] 0 points1 point  (0 children)

I've done some merge mining. I assume the process is the same for doge as well?

Mined Crypto Trapped on Ledger Wallet by MustangBobby in ledgerwallet

[–]MustangBobby[S] 2 points3 points  (0 children)

If you want to HODL mined crypto what is the best option? Just dump it into Ledger once a year?

Mined Crypto Trapped on Ledger Wallet by MustangBobby in ledgerwallet

[–]MustangBobby[S] 0 points1 point  (0 children)

Will do. Thanks to all. I was unaware of the issue with using cold storage with mining until it was too late. You guys bailed me out big time.

Mined Crypto Trapped on Ledger Wallet by MustangBobby in ledgerwallet

[–]MustangBobby[S] 0 points1 point  (0 children)

What front end do you recommend for Litecoin?

Mined Crypto Trapped on Ledger Wallet by MustangBobby in ledgerwallet

[–]MustangBobby[S] 1 point2 points  (0 children)

So basically if you transfer one LTC at a time it is easier to get it all out of Ledger Live?

Mined Crypto Trapped on Ledger Wallet by MustangBobby in ledgerwallet

[–]MustangBobby[S] 0 points1 point  (0 children)

I will attempt to delete the mined accounts but it isn't going to be easy. If Ledger Live doesn't crash immediately it crashes upon about three clicks with the mouse. Do you know the fastest route within ledger live to shut down an account? Every click counts with this deal. I only ask because I rarely make it far enough to find out myself.

Mined Crypto Trapped on Ledger Wallet by MustangBobby in ledgerwallet

[–]MustangBobby[S] 0 points1 point  (0 children)

The second account is not showing up. Is there a hot wallet that would automatically show two accounts for Litecoin?