take the money you would spend on the cards and keep it aside for just buying crypto
Ayyy there you go mang,
bag 'em and tag 'em
you guyz should monopolize off of this info and push all your anti agendas while the kill is fresh
Just donât; read the thread.
@anon37239676 buying crypto without a lot of experience and at least some trading knowledge, as well as an understanding of the underlying tech (this oneâs an extreme rarity nowadays) is a fools errand too just so weâre clear lmao
making the cards go out of stock everywhere.
Just buy the coins.
Fuck mining.
This is, indeed, the fast track to a return, though if youâre just active enough to mine the most profitable coin and flip it to BTC, mining is much lower risk once ROI is reached on hardware, plus itâs a bit more passive than trading (checking trends all the time).
Hereâs a decent example:
I bought about $820 worth of crypto over the last couple months. I just sold it, and got about $950 back. If I put that $800 into a mining rig, Iâd still be net negative on hardware costs, but Iâd have generated more than $100 worth of coin. In a couple more months, itâd be paid off, and would continue slowly becoming more and more profitable, without me really doing anything. Instead, I have all my cash back, but now have to reinvest it anyway if I want it to continue to work for me. You know⌠risk and return.
If youâre talking about putting several thousand into trading, then yes, itâs way more profitable than mining, but again, higher risk.
You need to take into account the disproportionate effect of difficulty increase on small miners. The reason large miners stay relevant is that they continually reinvest in hew hardware with the majority of their margins. For the hobbyist, single currency mining is usually completely untenable if youâre going in with newly purchased hardware.
Otherwise your rationale here is more or less sound.
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Iâve been running nicehash on 3 cards getting about 75mh/s for about 7 weeks now and havenât earned enough for half a computer. Minus electricity Iâve earned maybe 1/3 of a decent gaming computer.
If I didnât already have cards my ROI would be getting longer and longer
Yep. If you run nicehash then you want to hedge against bitcoin, as youâre exposing yourself to another layer of volatility. Any extreme dip in the particular crypto you mineâs BTC conversion rate, and youâre out a decent extra percentage on top of nicehashâs cut.
AMD crypto mining drivers released:
and a review of the drivers:
Theyâre using nicehash which isnât representative of single-coin performance, but the percent increase should apply to other miners as well. You can get 36-39MH/s on Wolfâs C miner, for example, so Iâd expect the performance to jump to the expected 45 MH/s on the Vega 56 cards.
agreed, but still promising results. And it seems to me there even is more headroom because the vega 56 outperforms the vega 64 with a memory overclock on those drivers.
Thereâs just too much variability in nicehash to take those numbers at face value. My guess is that thereâs some further optimization that needs to be done, but the numbers theyâre positng re next to meaningless because of their methodology.
Geth OCL is the standard because the benchmark is consistent, if slow.
and
The rumors of another fork are greatly exaggerated.
The Eth ATM is a wildcard though. Not even Bitcoin ATMs do very well.
Is it a bitcoin ATM offering Eth alongside or Eth specific?
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Seemed legit, but you would know more than me. Was thinking you would know if this was real deal or not.
Now, thatâs exactly whatâs happening. According to an announcement posted to the Segwit2x GitHub repository, a bitcoin block between one and two megabytes will be created at block 494,784. After that, anybody who wants to join the New York Agreement signatories on the Segwit2x chain can create bitcoin blocks on top of that one. Thus, a new blockchain with its own set of rules will be created.
Is that good proof or no?
think its just added
LocalCoinATM, an Ontario company that operates ATM-like kiosks for digital currencies, has added support for ethereum at several locations across Toronto.
Looks like the machines that tested tried to use tbh lol
Regarding the fork, most of the mining power that wants big blocks is with Bitcoin Cash, and thatâs only about 10%. Proposing a fork doesnât mean anything if no one runs your nodes and no one mines your blocks for you.
Unless thereâs a massive pre-fork dump of Bcash, donât expect 2x to go anywhere after the initial split dumpers.
Thatâs the great thing about ASIC coins. The more forks there are, the more expensive it is for the smaller chains to survive
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Bitcoin activated segwit in earnest today.
It almost didnât happen.
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Now its cost effective, no need for rigs or electricityâŚJust pure profit
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