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Old 09-27-2016, 05:12 PM #1
vaporizeWa
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any crypto miners?

Hey im a cryptominer, anyone else into mining? what are you mining and what is your gear?

im doing 5xr290's on dwarfpool for eth. getting like 100 mh
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Old 10-08-2016, 09:21 PM #2
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i guarantee there's some kids out there in some countries who're running units that cost their parents more in electricity than the bitcoins they end up mining
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Old 07-05-2017, 05:09 AM #3
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Not the case anymore. I got two antminer s5 s. Make me about .0015 btc a day. About to get a rig for Ethereum set up
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Old 02-05-2018, 08:23 AM #4
MedicalManny
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I got a couple friends who do some mining here in OR. But i wanted to get in to it myself. Im not too sure how though...
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Old 02-05-2018, 08:44 AM #5
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Mining is all about the maths.

((Price of mining unit / amount of months of life time of miner before difficulty rating becomes too high per kW) + kW hour cost per month) <= monthly amount of coin mined

If you can take the byproducts and reuse them, then it becomes more profitable. In cold places like Canada they use the miners excess heat for indoor heating.

When you run these calculations you will realize that mining is not some free money industry. It comes with major pitfalls and risks. You could find yourself sitting on $10,000 of useless equipment that wont work as well as a toaster does to toast bread.
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Old 03-30-2018, 01:53 PM #6
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I have always wanted to become an entrepreneur but been afraid of all the trouble connected with it; however mining cryptocurrency is something that may bring you a real profit and it's up to you what type of cryptocurrency to choose! Hope, this link https://promocodius.com/us/shops/hashflare about mining operations will be useful.
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Old 03-30-2018, 02:37 PM #7
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Quote:
Originally Posted by paradoxlost View Post
Not the case anymore. I got two antminer s5 s. Make me about .0015 btc a day. About to get a rig for Ethereum set up
At the current btc price of US $6,966.03, your two antminer's are making you a grand total of $10.45/day. Subtract electricity costs and I suspect it will be a while before you break even.
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