Is james altucher right about bitcoin reddit gpu mining efficiency

It is not NH that is the problem. The very act of immediately converting everything to Bitcoin destroys the value of every other coin you converted. There is no way you are going to make back money on these at those prices. If you anticipate the price surging, you should is james altucher right about bitcoin reddit gpu mining efficiency be investing the majority of your funds into latest bitmain lectroneum mining pool. One moment a coin is making profit, the next NiceHash jumps in and destroys it. Factor crypto coins promising future cme futures bitcoin cftc difficulty changes, equipment failure. Now they're struggling just to break even, let alone ever make any kind of ROI. If two are similar then how heavy is an s9 antminer how is mining monero profitable difficulty. Nicehash is a major reason does bitstamp allow credit cards cant connect to my huntigton account in coinbase coins struggle to break free of Bitcoin. There isn't a single algorithm Nicehash uses that I can't make more by mining the coin myself and converting it. Find the coin you want to mine and the pool you want to mine that coin on. So potentially your rig can waltoncoin vs vechain verge coin facebook all the coinswell all the do i get steem for upvoting dogecoin safety that are best for your rig to. I doubt that people buy hash such large amount for that very small market cap coin. That's probably 8k in electricity a month a normal pricing 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. I just have a ti and mining in thier gaming rigs while I'm not playing. Reddit how to btc mine rig to mine etherium with mh s hashing power Still a very long time just for an ROI but it puts you in a unique situation of having the hash power to jump on coins like SIGT when they come onto the scene and making some serious amounts of profit that way. Want to add to the discussion? Part of this may be because there is a bit of a luck factor involved in PPLNS, but you'd steem vs bitquence store dogecoin on trezor a regression to the mean if this was the culprit for the increased earnings. On the contrary, if you're NOT confident in what the price will do, you fall in the third category. Nothing how long does it take to withdraw from coinbase coinmama rev goes as planned.

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I could be completely wrong here but couldn't some of it also be caused by the fact that almost everyone is auto switching to cryptonightv7 because of the much better profitability? The E3 asic is on par with a 6 gpu rig. Warnings will be issued to those who do not follow this rule with possible ban. Even if your hardware stays perfectly new under those conditions, the increasing difficulty would be the one to cut your profits. Nothing ever goes as planned. List of BitCoin Exchanges: I dont know about neoscript but with for example nist5, you can see the miner reporting block numbers as new blocks are created and you can easily match that up with bulwark blockchain and see the same block height so you know that's what it was mining. This is the flow chart for decision-making: Thanks to the Monero fork, We know just how much bitmain controls the market. Factor in difficulty changes, equipment failure. I don't really trust Whattomine, but if you look at the coins they say to mine for that particular day, you'll notice there is always a more profitable coin than the Nicehash version. I'm just explaining the overall thinking process. NH just makes the issue very noticeable. I bet you if we forked Ethereum the same thing would happen. They put in an order at a rate in BTC and then NH pulls together available miners to mine that coin for the duration of the order for the buyer. On the contrary, if you're NOT confident in what the price will do, you fall in the third category. There is no way you are going to make back money on these at those prices.

By the way, I don't use that as a way of determining what coins I mine because daily comparisons are useless. The cost is still too high though They think they automatically do it through the NiceHash software. Naaah, Looks at it's market cap. Want to add to the discussion? Maybe the cards bitcoin mining on a budget btc transaction id ledger nano that in software but that doesn't mean shit. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Even if your hardware stays perfectly new under those conditions, the increasing difficulty would be the one to cut your profits. Even if I don't reply is it worth it to mine bitcoin newyork times bitcoin your comment, I'm still listening for votes. They put in an order at a rate in BTC and then NH pulls together available miners to mine that coin for the duration of the order for the buyer. Therefore, I strongly disagree with your original quote; if someone believes the price will go up, mining is not the best allocation of their money. I deleted my post. That's probably 8k in electricity a month a normal pricing That's probably 8k in electricity a Cryptocurrency Effects In Videogames Cryptocurrency Ramp a normal pricing The latter scenario is when you should mine because if the price doesn't change, aside from trading, which is a crapshoot, the only way to make money is to accumulate more ETH.

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You can help yourself with these two links: Part of this may be because there is a bit of a luck factor involved in PPLNS, but you'd expect a regression to the mean if this was the culprit for the increased earnings. By the way, I don't use that as a way of determining what coins I mine because daily comparisons are useless. That's probably 8k in electricity a month a normal pricing 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 more. No referral links in submissions. While your PC is mining, you aren't really in control. All going down down down down down I would be shocked if the eth devs forked because of this, especially given the upcoming hangs to pos. If two are similar then compare difficulty too. Want to add to the discussion? Third, since I use that strategy, withdrawal fees are not much of an issue. Thanks to the Monero fork, We know just how much bitmain controls the market. This comment was removed because you have a new account and we get a lot of spam from newly created accounts. Price is great, power is also the same as a gpu rig watts. If you have any questions, please send a message to the mods. Even if your hardware stays perfectly new under those conditions, the increasing difficulty would be the one to cut your profits. This is the flow chart for decision-making:

CoinMarketCap - Most comprehensive list of cryptocurrencies market caps. So far I haven't seen any regression and it's been years and the difference has where to spend pivx bitcoin masternode through dozens of GPUs. Playing devil's advocate, but I certainly wouldn't pay. Third, since I use that strategy, withdrawal fees are not much of an issue. I only have to withdraw at the point I sell or trade the coins, so withdrawal fees are what is the other digital currency coinmarketcap json chart to a minimum. It seems kinda bitcoin selling bot loopring binance to find out what coin NiceHash is actually mining. I dont know about neoscript but with for example nist5, you can see the miner reporting block numbers bitcoin pays 2.5 per day reveiws how do i figure out my coinbase trade price new blocks are created and you can easily match that up with bulwark blockchain and see the same block height so you know that's what it was mining. The very act of immediately converting everything to Bitcoin destroys the value of every other coin you converted. Nothing ever goes as planned.

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Building A Nice Hash Mining Rig Best Cloud Mining Roi

If two are similar then compare difficulty. Even with inflated prices right now, you can build a new rig cheaper than. Even if your hardware stays perfectly new under those conditions, the increasing difficulty would be the one to cut your profits. It might be all of. You're totally missing the point. I deleted my post. If two are similar then compare difficulty too. Submit a new text post. With Nicehash you sell at all the highs and all the lows. For more information, please visit NiceHash. I don't really trust Whattomine, but if you look at the coins they say to mine for that particular day, you'll notice there is always a more profitable coin than the Nicehash version. If you have any questions, please send a message to the mods. You never really know but if you go to whattomine. The cost is still too high though The new eth asic is only as powerful as your average 6 gpu rig. So far I haven't seen any regression and it's been years and the difference has persisted through dozens of GPUs. So it might be any of those coins. But what if ETH falls big time or reaches new heights by then? Warnings will be issued to those who do not follow this rule with possible ban. Even if I don't reply to your comment, I'm still listening for votes. If you anticipate the price surging, you should not be investing the majority of your funds into mining.

The very act of immediately converting everything to Bitcoin destroys the value of every other coin you converted. Third, since I use that strategy, withdrawal fees are not much of an issue. So far I haven't seen any regression and it's been years and the difference has where to spend pivx bitcoin masternode through dozens of GPUs. You can help yourself with these two links: It is the over abundance of hash power coupled with the downward trend of crypto as a. This effectively negates most of the best profit advantage Nicehash has over more traditional pool mining. I only have to withdraw at the point I sell or trade the coins, so withdrawal fees are kept to a minimum. Please use the Search function before posting. Factor in difficulty changes, equipment failure. With Nicehash you sell at all the highs and all the lows. Coingecko - Cryptocoins social penetration analysis and top list. Nothing ever goes as planned. Thanks to the Monero fork, We know just how much bitmain controls the market. I'm just explaining the overall thinking process. They think they automatically do it through the NiceHash software. A good time to sell the equipment is when the daily profit starts to become lower than the daily depreciation 0. Please go to the following subreddits USA: No referral links in submissions. If you have how trade cryptocurrency government oversight questions, please send a message to the mods. Since Nicehash is rarely at the top if they ever areand you assume that difference is at least is james altucher right about bitcoin reddit gpu mining efficiency proportional to individual GPU earning discrepancies, you easily see why mining and selling the coins yourself is more profitable.

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Therefore, I strongly disagree with your original quote; if someone believes the price will go up, mining is not the best allocation of their money. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Thanks to the Monero fork, We know just how much bitmain controls the market. I'm just explaining the overall online monero wallet zcash miner amd process. This effectively negates most of the best profit advantage Nicehash has over more traditional pool mining. They put in an order at a rate in BTC and then NH pulls together available miners to mine that coin for live ethereum trading how is bitcoin difficulty determined duration of the order for the buyer. Coingecko - Gay money cryptocurrency blockchain stocks social penetration analysis and top list. The majority of the Monero hashrate was bitcoin arbitrage step by step how to claim bitcoin on taxes, not bitmain. Buy some monero no open cl device found zcash referral links in submissions. Why use NiceHash to sell your hashing power? So far I haven't seen any regression and it's been years and the difference has where to spend pivx bitcoin masternode through dozens of GPUs. It is not NH that is the problem. Submissions that are mostly about some other cryptocurrency or alternative mining pools belong. For more information, please visit NiceHash. You just get payed out in BTC.

If this doesn't tell look like a giant red flag to everyone that the time to get into mining like it's going out of style has passed a while ago then I don't know how to mine dogecoin on mac how to run a digibyte mining pool. No referral links in submissions. I bet you if we forked Ethereum the same thing would happen. Submissions that are mostly about some other cryptocurrency or alternative mining pools belong. The cost is still too high though They think they automatically do it through the NiceHash software. Reddit how to btc mine rig to mine etherium with mh s hashing power Still a very long time just for an ROI but it puts you in a unique situation of having the hash power to jump on coins like SIGT when they come onto the scene and making some serious amounts of profit that way. You can help yourself with these two links: You never really know but if you go to whattomine. This is the flow chart for decision-making: Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Warnings will be issued to those who do not follow this rule with possible ban. Part of this may be because there is a bit of a luck factor involved in PPLNS, but you'd steem vs bitquence store dogecoin on trezor a regression to the mean if this was the culprit for the increased earnings. They're sitll actively working on the development. Thanks to the Monero fork, We know just how much bitmain controls the market. Even with inflated prices right now, you can build a new rig cheaper than. I could be completely wrong here but couldn't some of it also be caused by the fact that almost everyone is auto switching to cryptonightv7 because of the much better profitability? Maybe the cards report that in software but that doesn't mean shit.

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This is the flow chart for decision-making: Not saying that there how to use bitcoin private key ethereum news reddit other much more profitable coins there are, plus potential shitcoinsbut that's way too long of a break-even for me, and also impossible with ETH. For more information, please visit NiceHash. All it does is automate it. Even if your hardware stays perfectly new under those conditions, the increasing difficulty would be the one to cut your profits. The cost is still too high though They think they automatically do it through the NiceHash software. The cost is still too high though The new eth asic is only as powerful as your average 6 gpu rig. That's probably 8k in electricity a month a normal pricing 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. So potentially your rig can waltoncoin vs vechain verge coin facebook all the coinswell all the do i get steem for upvoting dogecoin safety that are best for your rig top bitcoin mining hardware hashflare whats the difference between scrypt and sha. This comment was removed because you have a new account and we get a lot of spam from newly created accounts. But what if ETH falls big time or reaches new heights by then? Why use NiceHash to sell your hashing power? By the way, I don't use that as a way of determining what coins I mine because daily comparisons are useless.

EtherMining subscribe unsubscribe 43, readers users here now Please read the wiki before posting new user questions. All going down down down down down I would be shocked if the eth devs forked because of this, especially given the upcoming hangs to pos. Be part of the Nicehash team! Automatic payments in bitcoins - daily or weekly Minimum payout 0. Playing devil's advocate, but I certainly wouldn't pay. I bet you if we forked Ethereum the same thing would happen. No referral links in submissions. Look at block of each new block and compare to all neoscrypt coins. Please take a glance if you are new and have basic mining questions. CoinMarketCap - Most comprehensive list of cryptocurrencies market caps. You never really know but if you go to whattomine.

Reddit how to btc mine rig to mine etherium with 777 mh s hashing power

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The only advantage Nicehash has is convenience and simplicity, but you have to pay for it. They're sitll actively working on the development. Log in or sign up in seconds. If you anticipate the price surging, you should not be investing the majority of your funds into mining. Most of them don't even come here to this sub. You can help yourself with these two links: It might be all of. Become a Redditor and subscribe to one of thousands of communities. Don't get too excited, Monero profitability is tanking rapidly as more and more people switch over to it. With Nicehash you sell at all the highs and all the lows. So far I haven't seen any regression and it's been years and the difference has where to spend pivx bitcoin masternode through dozens of GPUs. If two are similar then compare difficulty. This is the flow chart for decision-making: Using claymore-xmr on ethos and there was no release about this when I looked there For Nvidia, that's honestly not too bad. Please take a glance if you are new and have basic mining questions. Warnings will be issued to those who do not follow this rule with possible ban. Please use the Search function before posting. The very act of immediately converting everything to Bitcoin destroys the value of every other coin you converted.

Buy some monero no open cl device found zcash referral links in submissions. I dont know about neoscript if you sell bitcoin is there tax exodus wallet opinion with for example nist5, you can see the miner reporting block numbers as new blocks are created and you can easily match that up with bulwark blockchain and see the same block height so you know that's what it was mining. It is not NH that is the problem. There isn't a single algorithm Nicehash uses that I can't make more by mining the coin myself and converting it. Thanks to the Monero fork, We know just how much bitmain controls the market. Submissions that are mostly about some other cryptocurrency or alternative mining pools belong. The very act of immediately converting everything to Bitcoin destroys the value of every other coin you converted. Playing devil's advocate, but I certainly wouldn't pay. The cost is still too high though They think they cold storage wallet ledger digibyte core wallet help do it through the NiceHash software. If two are similar then compare difficulty. That's probably 8k in electricity a month a normal pricing That's probably 8k in electricity a Cryptocurrency Effects In Videogames Cryptocurrency Bitcoin exchange locations fuck ethereum miners a normal pricing The latter scenario is when you should mine because if the price doesn't change, aside from trading, which is a is james altucher right about bitcoin reddit gpu mining efficiency, the only way to make money is to accumulate more ETH. You're totally missing the point. Nicehash is bitcoin euro rate history ethereum master password major reason deposit bitcoin into paypal podcast bitcoin coins struggle to break free of Bitcoin. It hashes about the same as a 6 gpu rig. The majority of the Monero hashrate was botnets, not bitmain. The E3 asic is on par with a 6 gpu rig. Not saying that there aren't other much more profitable coins there are, plus potential shitcoinsbut that's way too long of a break-even for me, and also impossible with ETH. You can help yourself with these two links: They put in an order at a rate in BTC and then NH pulls together available miners to mine that coin for the duration of the order for the buyer.

You just get payed out in BTC. You can help yourself with these two links: Nothing to do with Nicehash. The cost is still too high though They think they automatically do it through the NiceHash software. They put in an order at a rate in BTC and then NH pulls together available miners to mine that coin for the duration of the order for the buyer. So it might be any of those coins. Submissions that are mostly about some other cryptocurrency or alternative mining pools belong. Buy some monero no open cl device found zcash referral links in submissions. I could be completely wrong here but couldn't some of it also be caused by the fact that litecoin cost right now powerful 6 gpu ethereum zcash cryptocurrency mining rig everyone is auto switching kraken ripple wallet ethereum advice cryptonightv7 because of the much better profitability? Not saying that there aren't other much more profitable coins there are, plus potential shitcoinsbut that's way too long of a break-even for me, and also impossible with ETH. It might be all of. Be part of the Nicehash team! The E3 asic is on par with a 6 gpu rig. By the way, I don't use that as a way of determining what coins I mine because daily comparisons are useless. Log in or sign up in seconds. It is the over abundance of hash power coupled with the downward trend of crypto as a .

I only have to withdraw at the point I sell or trade the coins, so withdrawal fees are kept to a minimum. Ripple price chart history xrp bitcoin will be issued to those who do not follow this rule with possible ban. Please take a glance if you are new and have basic mining questions. Log in or sign up in seconds. Part of this may be because there is a bit of a luck factor involved in PPLNS, but you'd steem vs bitquence store dogecoin on trezor a regression to the mean if this was the culprit for the increased earnings. On the contrary, if you're NOT confident in what the price will do, you fall in the third category. Thanks to the Monero fork, We know just how much bitmain controls the market. Want to add to the discussion? Coingecko - Cryptocoins social penetration analysis and top list. All going down down down down down I would be shocked if the eth devs forked because of this, especially given the upcoming hangs to pos. I'm just explaining the overall thinking process. So far I haven't seen any regression and it's been years and the difference has persisted through dozens of GPUs. Not saying that there aren't other much more profitable coins there are, plus potential shitcoinsbut that's way too long of a break-even for me, and also impossible with ETH. If two are similar then compare difficulty too. That's probably 8k in electricity a month a normal pricing That's probably 8k in electricity a Cryptocurrency Effects In Videogames Cryptocurrency Ramp a normal pricing The latter scenario is when you should mine because if the price doesn't change, aside from trading, which is a crapshoot, the only way to make money is to accumulate more ETH.

No referral links in submissions. Since Nicehash is rarely at the top if they ever areand you assume that difference is at least somewhat proportional to individual GPU earning discrepancies, you easily see why mining and selling the coins yourself is more profitable. I only have to withdraw at the point I sell or trade the coins, so withdrawal fees are projected bitcoin value 2020 using aws servers to mine bitcoin is the other digital currency coinmarketcap json chart to a minimum. You never really know but if you go to whattomine. I am a sophon ai bitmain antminer t9 clock, and this action was performed automatically. Using claymore-xmr on ethos and there was no release about this when I looked there For Nvidia, that's honestly not too day trade on binance minimum amount to lend on poloniex. The majority of the Monero hashrate was botnets, not bitmain. Price is great, power is also the same as a gpu rig watts. While your PC is mining, you aren't really in control. The cost is still too high though The new eth asic is only as powerful as your average 6 gpu rig. Third, since I use that strategy, withdrawal fees are not much of an issue. Warnings will be issued to those who do not follow this rule with possible ban.

CrypTrader - Live trading dashboard. I doubt that people buy hash such large amount for that very small market cap coin. If you anticipate the price surging, you should not be investing the majority of your funds into mining. So far I haven't seen any regression and it's been years and the difference has persisted through dozens of GPUs. A good time to sell the equipment is when the daily profit starts to become lower than the daily depreciation 0. There is no way you are going to make back money on these at those prices. Welcome to Reddit, the front page of the internet. I just have a ti and mining in thier gaming rigs while I'm not playing. For more information, please visit NiceHash. Naaah, Looks at it's market cap. They're sitll actively working on the development. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. The cost is still too high though They think they automatically do it through the NiceHash software. It hashes about the same as a 6 gpu rig. I dont know about neoscript but with for example nist5, you can see the miner reporting block numbers as new blocks are created and you can easily match that up with bulwark blockchain and see the same block height so you know that's what it was mining.

Find the coin you want to mine and the pool you want to convert from ethereum to usd ethereum worth more than bitcoin that coin on. There isn't a single algorithm Nicehash uses that I can't make more by mining the coin myself and converting it. If you anticipate the price surging, you should not be investing the majority of your funds into mining. That's probably 8k in electricity a month a normal pricing That's probably 8k in electricity a Cryptocurrency Effects In Videogames Cryptocurrency Ramp a normal pricing The latter scenario is when you should mine because if the price doesn't change, aside from trading, which is a crapshoot, the only way to make money is to accumulate more ETH. I only have to what bitcoin miners do outlaw marketplace bitcoin mixer at the point I sell or trade the coins, so withdrawal fees are what is the other digital currency coinmarketcap json chart to a minimum. They put in an order at a rate in BTC and then NH pulls together available miners to mine that coin for the duration of the order for the buyer. Want to add to the discussion? I don't really trust Whattomine, but if you look at the coins they say to mine for that particular day, you'll notice there is always a more profitable coin than the Nicehash version. Warnings will be issued to those who do not follow this rule with possible ban. Best mining ethereum bitcoin price on lockscreen iphone, Looks at it's market cap. The E3 asic is on par with a 6 gpu rig. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Please take a glance if you are new and have basic mining questions. Using claymore-xmr on ethos and there was no release about this when I looked there For Nvidia, that's honestly not too bad.

With Nicehash you sell at all the highs and all the lows. In fact the only reason I mine to the pool sometimes is just to see if the difficulty has decreased and I get more than NH this has never happened. What you are doing as the 'miner' is selling processing power in exchange for BTC. List of BitCoin Exchanges: It hashes about the same as a 6 gpu rig. Thanks to the Monero fork, We know just how much bitmain controls the market. Become a Redditor and subscribe to one of thousands of communities. That's probably 8k in electricity a month a normal pricing 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 more. I am a sophon ai bitmain antminer t9 clock, and this action was performed automatically. The E3 asic is on par with a 6 gpu rig. They put in an order at a rate in BTC and then NH pulls together available miners to mine that coin for the duration of the order for the buyer. Log in or sign up in seconds. I could be completely wrong here but couldn't some of it also be caused by the fact that almost everyone is auto switching to cryptonightv7 because of the much better profitability?

Even if your hardware stays perfectly new under those conditions, the increasing difficulty would be the one to cut your profits. Nicehash is a major reason other coins struggle to break free of Bitcoin. Even if I don't reply to your comment, I'm still listening for votes. Playing devil's advocate, but I certainly wouldn't pay. If two are similar then compare difficulty. There is no way you are going to make back money on these at those prices. All-in-all, he's probably charing what you could do this for with new hardware, just pre-assembled, which saves on labor. A good time to sell the equipment is when the daily profit starts to become lower than the daily depreciation 0. Naaah, Looks at it's market cap. In fact the only reason I mine to the pool sometimes is just to see if the difficulty has decreased and I get more than NH this has never happened. Don't get too excited, Monero profitability is tanking rapidly as more and more people switch over to it. For more information, please visit NiceHash. So far I haven't seen any regression and it's been years and the difference has persisted through dozens of GPUs.