Thanks for the opinions, all. Turned off ripple coin worth reddit best crypto to mine amd gpu dedicated rig but mining on my gaming PC is profitable when I'm also doing something else on it. I'll shut down most of gold plated bitcoin how to save bitcoin onto your flashdrive over the summer when my garage reaches 40C. For more information, please visit NiceHash. All this BTC I'm getting now will be worth mad lootz later. Some people mine because their electricity price is very low or even free. Check your income at your chosen pool. Please go to the following subreddits USA: Is it worth considering mining at all anymore when buying a new computer? No Spam. If you want bitcoin, why would you stop? What do you think about it? Go to Live marketplace and create new order Please note that if your order difficulty is high, then you should set higher speed limit and order should last longer 24h or. Submissions that are mostly about some other cryptocurrency or alternative mining pools belong. I think having at least one rig going gives anyone investing in crypto a better idea of what's involved and can be a fun hobby. CrypTrader - Live trading dashboard. If you think even further out I think mining in addition to buying is okay as. We may me close to howv to make money selling bitcoin on localbitcoins.com coinbase id quiz recession. Or, if you've got the time, pay it into the exchange in dollars, wait for BTC to fall again, then buy in, and sell out, buy in, sell out, on the third rise it usually settles and the alts hit a good run, so, on the third run spread the money between coins in the top 10 that have fallen the hardest and sell. Warnings will be issued to those who do not follow this rule with possible ban. Yeah, the value will rise eventually, but when any by how much? NH has a nice GUI but there's better options out. Do not create posts to buy or sell hardware in this sub. Anyway the heat is used for other purposes as well, so it's still a plus. Price graphs for numerous coins.
If you're spending more a month in electricity than you're getting in USD value at the end of the month, it's not a how to get faster transfer on coinbase is bitcoin purchase disabled on coinbase decision. If you want bitcoin, why would you stop? The only valid reason for mining when it's unprofitable is to altruistically add to the hash rate. I do use cash at this point to purchase crypto, but I also still leave mining on because while I might be on the verge of being unprofitable but us to ethereum bitcoin retail future quite at the moment Stop by https: NiceHash submitted 2 months ago by ShoeBox I think this is the real issue most of the time when you see posts like this No "self-promotion", for example, linking to own blog, YouTube channel, or other self-interests. I hate paying ebay fees for selling parts, but selling stuff locally on craigslist or mining forums never proof of stake coin list 2019 send litecoin from coinbase to bittrex out. Interested in BitCoin and various cryptocurrencies? First step if you do get one, is not to use NH, you'll gain more using a pool. Advertently or inadvertently posting a wallet address for seeking donations or requesting hashing power towards a wallet address without prior checks and approval from the mod team is a bannable offense. Mining is deemed unprofitable when it costs more to mine than the current value of the coin not because you have to sell it immediately but because in that case you will get more crypto to hodl by turning off your miner and using the money you'd otherwise spend to buy the coins you believe in. I think having at least one rig going gives anyone investing in crypto a better idea of what's involved and can be a fun hobby. CrypTrader - Live trading dashboard. CoinMarketCap - Most comprehensive list of cryptocurrencies market caps.
Start with NiceHash! It's not worth GPU mining right now. Sell your cards while you can and move on. Welcome to Reddit, the front page of the internet. Be part of the Nicehash team! How do you think you will be pricing yours? Except I'm on fuses; already had to replace a couple! The mining may pick up in a week, month, or year, and you will wish you'd have bought something now that it's all twice the price. ALL that said, NEVER put all your eggs in 1 basket, diversify, if you are still in the positive after calculating power costs then keep at least 1 GPU around for mining, if you think another bull run on alts is coming keep the hardware but shut it down till you are back on the positive and just use the money that would have gone to power to buy coin directly. You also have to give your name and info when you sell the crypto you mine or earn for fiat, so good luck trying to make any real money with crypto without having to report it eventually. No "self-promotion", for example, linking to own blog, YouTube channel, or other self-interests.
Free BTC all winter. I'll keep enough parts to build a new gaming PC, and unload the rest. I stop mining because my rig is not that powerful enough to mine as of and i'm just wasting money on electricity. Submit a new text post. Even Monero can't find any legs. No Spam. You're about a year late. Find the coin you want to mine and the pool you want to mine that coin on. Submit a new link. NiceHash submitted 2 months ago by ShoeBox Automatic payments in bitcoins - daily or weekly Minimum payout 0. More importantly the hardware you're holding on to is losing value pretty much every single day. ALL that said, NEVER put all your eggs in 1 basket, diversify, if you are still in the positive after calculating power costs then keep at least 1 GPU around for mining, if you think another bull run on alts is coming keep the hardware but shut it down till you are back on the positive and just use the money that would have gone to power to buy coin directly. Except I'm on fuses; already had to replace a couple! I have to stop mining to cook, LOL. Other pool might wait for a higher amount before paying you out. Buy if not if you believe in the project. This winter without the rig my utility bill is twice as high for using my furnace. Then buy crypto if you still believe in it.
Warnings will be issued to those who do not follow this rule with possible ban. It's sad but what are you gonna do? It won't even cover cloud mining vs hardware mining ethereum bitcoin cash introduction price wear and tear on the GPUs. However, crash in the crypto market also made GPUs a lot cheaper, so if you are just looking for an excuse to build a gaming rig, I'd say it's not a bad time to build a rig. Could help reduce TX fees. Do it, it's fun! Submit a new link. You can help yourself with these two links: Even Monero can't find any legs. For more information, please visit NiceHash. The new algos have helped a little vs a month or two ago. You're about a year late. Unfortunately for many home miners the cost of electricity is now more than the mined value. You can't cash. I'm using Nicehash, I don't have enough hardware to get a payout once a day. Not even worth th heat output. My electric is flat rate so I'm using all my breakers can handle. For more information, please visit NiceHash. NH has a nice GUI but there's better options out .
Get an ad-free experience with special benefits, and directly support Reddit. Even Monero can't find any legs. Become a Redditor and join one of thousands of communities. Welcome to Reddit, the front page of the internet. Mining is deemed unprofitable when it costs more to mine than the current value of the coin not because you have to sell it immediately but because in that case you will get more crypto to hodl by turning off your miner and using the money you'd otherwise new altcoins to invest in best crypto wallet for ripple to buy the coins you believe in. Become a Redditor and join one of thousands of communities. Price graphs for numerous coins. Find the coin you want to mine and the pool you want to mine that coin on. Interested in BitCoin and various cryptocurrencies? CoinMarketCap - Most comprehensive list of cryptocurrencies top crypto currency for a penny is airbitz reliable caps.
Heating my living room, better than running the furnace or space heater and less work than starting the wood stove. ALL that said, NEVER put all your eggs in 1 basket, diversify, if you are still in the positive after calculating power costs then keep at least 1 GPU around for mining, if you think another bull run on alts is coming keep the hardware but shut it down till you are back on the positive and just use the money that would have gone to power to buy coin directly. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Considering that any top end gaming card can be used for mining, build your gaming rig and if the market recovers, you could use it for mining too. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Post a comment! Stop by https: Need help? Unfortunately for many home miners the cost of electricity is now more than the mined value. Or, if you've got the time, pay it into the exchange in dollars, wait for BTC to fall again, then buy in, and sell out, buy in, sell out, on the third rise it usually settles and the alts hit a good run, so, on the third run spread the money between coins in the top 10 that have fallen the hardest and sell out. Cheap GPUs don't seem to be as plentiful as many here make out in small quantities. Is it worth buying a high end rig for both gaming and mining?
BTC isn't going to stay sub 4k so I am not really worried about it. Coingecko - Cryptocoins social penetration analysis and top list. Want to join? I wouldn't recommend mining on even so-called gaming laptops. Submit a new text post. The belief in crypto argument is all well and good but it doesn't overcome mathematics. Please go to the following subreddits USA: Check your income at your chosen pool. I can either part everything out and sell it all, or start mining again. Copy your pool settings in your NiceHash dashboard Verify pool with pool verificator. I'm using Nicehash, I don't have enough hardware to get a payout once a day. Could help reduce TX fees. Definitely don't mine on a laptop. At that point, it simply hadn't been profitable for a month or more, so I shut everything down.