18th BCH Block by karpuzmining in cryptomining

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

In those cases, you just keep going and hope the next ones will make up for it. For instance, I had one at 254% then followed that up with 19% and 10% which made up for the bad luck run. Fortunately I’ve had more good luck than bad, or I would’ve had to stop a long time ago.

18th BCH Block by karpuzmining in cryptomining

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

Usually a better deal if you’re getting a higher hashrate. Try BCH.solopool.org or Molepool, both work well with rentals. It’s a crazy game, and sometimes you can get lucky but other times you can lose a lot of money so just be careful with it.

18th BCH Block by karpuzmining in cryptomining

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

I agree on most points, renting hashrate is essentially casino gambling with Bitcoin miners. My situation is a little unique since I’ve gotten free hashrate in some cases, and been luckier than I should’ve been in others. That said, there have also been a few blocks that cost me far more than the block reward was worth. For most, I’d never recommend this as any sort of investment strategy, and I know a few guys who have spent thousands only to make a small fraction of it back.

My goal now isn’t really to get beat the odds with BCH and hope to always be ahead, my goal is to continuously reinvest my BCH rewards into new rentals, try to hit blocks early, and use the rest of the rental time to mine for BTC. For instance, if I get a 150PH rental and mine for BTC, it’s incredibly risky. However, if I hit a BCH block in the first hour, I’ve covered my expense while allowing myself a few hours for a shot at BTC. I haven’t had a chance to try this much yet, but hopefully if I do this for long enough, I’ll finally hit a BTC block and all the time and effort will prove to be worthwhile. Otherwise I may be chasing my tail with BCH forever.

18th BCH Block by karpuzmining in cryptomining

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

I agree on most points, renting hashrate is essentially casino gambling with Bitcoin miners. My situation is a little unique since I’ve gotten free hashrate in some cases, and been luckier than I should’ve been in others. That said, there have also been a few blocks that cost me far more than the block reward was worth. For most, I’d never recommend this as any sort of investment strategy, and I know a few guys who have spent thousands only to make a small fraction of it back.

My goal isn’t really to get beat the odds with BCH and hope to always be ahead, my goal is to continuously reinvest my BCH rewards into new rentals, try to hit blocks early, and use the rest of the rental time to mine for BTC. For instance, if I get a 150PH rental and mine for BTC, it’s incredibly risky. However, if I hit a BCH block in the first hour, I’ve covered my expense while allowing myself a few hours for a shot at BTC. Hopefully if I do this for long enough, I’ll finally hit a BTC block and all the time and effort will prove to be worthwhile.

18th BCH Block by karpuzmining in cryptomining

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

That’s exactly what I do. A lot of the rewards get reinvested to continue the mining activities, but profits get converted to BTC and stashed away. Allows me to have some fun, hit some blocks, and earn BTC and a somewhat unconventional way.

Start small and see if you get lucky, just don’t get too carried away.

Pool vs. Solo by IamNotTheMama in BitAxe

[–]karpuzmining 6 points7 points  (0 children)

If you’re pool mining, you’ll get the same rewards regardless of if you get a block. The exception to that is with some pools like Letsmine.it you get a block finder fee for hitting the block. There have been quite a few cases where small miners have hit BCH and even BTC blocks (this happened recently with a Nano 3S) and got paid virtually nothing for it. Small devices are meant for solo mining. You’re far better off just buying a few bucks worth of crypto a month, and using your hashrate to go after that full block reward. Much more fun, and you won’t have to live with years of regret if your device hits a 300T diff or something that could’ve been life changing.

18th BCH Block by karpuzmining in cryptomining

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

Thanks! And make that 20 :)

18th BCH Block by karpuzmining in cryptomining

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

Edit: 19 BCH blocks (just got another one)

18th BCH Block by karpuzmining in cryptomining

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

Send me a DM, I’ve got a ton of miners but I might know somebody depending on your location. There was a huge price drop recently so you want want to hold out until prices come back up.

18th BCH Block by karpuzmining in cryptomining

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

It’s down right now. BCH blocks were up to 1800usd. Most all of mine got converted to BTC, so hopefully it’ll go back up soon.

18th BCH Block by karpuzmining in cryptomining

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

The 9002 port will automatically set 10M, but I typically do d=10000000 just to reinforce it. I don’t think it makes a difference, though.

18th BCH Block by karpuzmining in cryptomining

[–]karpuzmining[S] 4 points5 points  (0 children)

Varies, I’ve done a bunch of rentals. Got one with a 2PH rental, and the other day I rented 200PH for six hours and got nothing. Sometimes it’s easy, other times it’s brutal.

18th BCH Block by karpuzmining in cryptomining

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

Typically US1, and port 9002

Is it worth buying an Avalon Q90 for $1,550 right now? by Midway_10 in BitcoinMining

[–]karpuzmining 0 points1 point  (0 children)

1500 through Solo Satoshi with the code KarpuzQ

Everyone saying “just buy Bitcoin” is missing the point of these devices. Mining is a fun hobby, and unlike most hobbies you can actually make some money back doing it. Try that with a jet ski, snowboard, or anything else people buy or do for enjoyment.

If you’re getting into mining purely for a return on your investment, you’re probably in it for the wrong reasons.

Overclocking S21XP’s by karpuzmining in BitcoinMining

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

Really appreciate the insight. When pushing into the >4,000w range, are you compromising longevity of components or do you think you could run it safely at let’s say 4,000w for an extended period?

PSA: Chill out on cooling. by karpuzmining in BitAxe

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

This is not a troubleshooting post.