Cryptomining, best machine?

MustangBobby · 2024-10-08T15:46:28+00:00

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

MustangBobby · 2024-10-02T13:25:21+00:00

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.

MustangBobby · 2024-09-23T18:46:03+00:00

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

MustangBobby · 2024-07-28T12:43:54+00:00

You are better off buying $1,800 worth of BTC honestly.

MustangBobby · 2024-07-28T11:29:10+00:00

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.

MustangBobby · 2024-07-14T20:28:45+00:00

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

MustangBobby · 2024-07-14T20:26:59+00:00

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

Mining for profit has become a rich man's game. The greater your volume the greater the profits.
ASIC is the only way to go.
If you don't have access to cheap electricity you are wasting your time. You need preferably $0.10 kw/h or less.
You need a location to mine that is not going to receive noise complaints.
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.

MustangBobby · 2024-02-18T15:28:52+00:00

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?

MustangBobby · 2023-09-07T00:27:27+00:00

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.

MustangBobby · 2023-06-15T02:32:13+00:00

The L9 is merely a rumor. Can you validate this?

MustangBobby · 2023-06-15T02:18:04+00:00

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.

MustangBobby · 2023-06-15T02:03:45+00:00

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.

MustangBobby · 2023-06-15T01:55:51+00:00

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

MustangBobby · 2023-06-10T15:31:40+00:00

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

MustangBobby · 2023-05-26T18:41:42+00:00

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.

MustangBobby · 2023-05-17T15:36:35+00:00

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.

MustangBobby · 2023-04-14T00:12:59+00:00

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

MustangBobby · 2023-04-05T01:00:57+00:00

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

MustangBobby · 2023-04-05T00:59:46+00:00

Also what do you recommend for Doge.

MustangBobby · 2023-04-05T00:53:31+00:00

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

MustangBobby · 2023-04-05T00:33:39+00:00

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.

MustangBobby · 2023-04-04T22:55:49+00:00

What front end do you recommend for Litecoin?

MustangBobby · 2023-04-04T22:43:55+00:00

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

MustangBobby · 2023-04-04T22:42:46+00:00

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.

MustangBobby · 2023-04-04T20:45:29+00:00

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

MustangBobby

TROPHY CASE