Hello everybody,


I would like to ask you for your help.
I'm small time miner and I have Trezor (despite being small miner I know but safety first) which got new option to sell coins.
However it's third party selling and I have to sell my ETH to company called BTC Direct,founded in Netherlands and it has 2.8/5 on Google Reviews as well as 4,3/5 on Trustpilot.
I'm not sure how good they are when it comes to selling via Trezor,because all reviews were about buying coins on their site and complains about slow costumer service.

As far as fees on Trezor, they look weird,yesterday I ''tried'' to sell ETH in value of 30€ and fee was 0.43€,but when I ''tried'' to sell 350€ I got same fee of 0.43€.
I thought it was some bug or something like that,but then again,I tried same thing today and fees were 0.98€ no matter how much of ETH I want to sell.
It seems like they have fixed fees as far as quantity of coins you sell,but they change from day to day.

I'm not too confident in that company BTC Direct because of mediocre reviews,however I don't plan to sell my ETH until it reaches around 10k I forgot to add ''IF''.
I send them email and got response in less than 1h today,and I asked them how long does it need for them to ''sell'' my coins after I start request for it,because I'm afraid if ETH get fast spike for 30mins and get it's ATH and I try to sell it ASAP that I'd be late for that spike and I'd get payed once they processed my request and I got this response:

''Thank you for contacting us.

We need to receive the coins within the hour when you create a sell order on our platform. We will sell the coins right away when we've received them. The moment the coins are confirmed on the blockchain is the most important moment as this is the moment the price from the course will be set. So if you create an order make sure that you give enough fee with that transaction so the coins will arrive soon into the requested address and the price from the course will most likely be the same as the price given in the order.

I hope to have informed you sufficiently. Should you have any further questions, feel free to ask them!
 
Kind regards,
Stijn
BTC Direct ''


Some guys I know say I should ditch Trezor and switch to Binance and mine and keep my coins there and one day sell them too,but I love Trezor because I wanted to be as secure as I can get although I'm small time miner,but I'm not sure if selling on Trezor  reliable by what I described,so I would like to hear your opinion about it.

Every comment is welcome!

Thank you very much guys,you helped me a lot.
Just a little update,I can't change wallet address in the Ethermine because I can only use one address for mining at the time so until I pass threshold on Ethermine,I'll had to use wallet address for Coinbase.
However,I manage to change wallet address for Trezor in T-Rex miner,and it worked,so everything is going great,but I'll have to pay one more fee for transfer from Coinbase to Trezor.

So,all I need to do is edit bat. file in T-Rex and replace existing address with the one from the Trezor?
I thought so,but one day when I want to send coins back to Coinbase to sell them,will I have to pay fees for transfer from Trezor to Coinbase?
Also,I mined 0.03 ETH on Ethermine,I suppose if I change wallet address in T-Rex miner,I won't lose those 0.03 ETH that I'm currently mining?

Hey guys,one more question.
I use Ethermine and T-Rex for mining and I use Coinbase as wallet.
I had small amount of mined Ethereum in my Coinbase wallet that I transfer to Trezor One.
I had to pay transfer fee that was fairly high.
I would like to know,is there a possibility to use Ethermine and once I pass threshold of 0.05 ETH is there a way to transfer that mined Ethereum directly to Trezor without sending it to Coinbase to avoid fees?

OK,I really don't think I'll ever have problem with thief breaking into my home and trying to steal Trezor device.
Not only that nobody knows I have cryptocurrencies and even if they somehow do,I still have such a small amounts that it's not worth it.
I will keep device hidden of course so I don't worry too much that someone will find it and steal it.

My biggest concern is that someone may hack it while I'm connected to my PC while I'm in Trezor Suite desktop app.
Like,what if someone can hack it while I'm making transaction or if I catch spy malware or some virus or someone infiltrate my PC without my knowledge?

Also,now when I set up Trezor and wrote down seed words as well as PIN,do I have to worry about anything else or is that all I need to have excellent protection?

Hello everybody,

I just set up my Trezor One and I see option to set additional protection with passpharse.
However I heard that while it may make things safer,it can also be devastating if I forget it,or lost it.
Some say it's not recommend to use it,other say it's great extra layer of protection.
I would like to know your opinion.

Also,I set up my Trezor and download Trezor Suite app for desktop.
I wrote seed words as well as PIN.
I would like to know is that all and am I now completely protected from any kind of threat like hacking or pishing attacks?

Guys what do you think would be very realistic price for ETH in 2025.?
Could price of $10.000-$15.000 be pretty realistic in your opinion for 2025.?

Hey guys,I know many of you talk about ETH predictions for 100k in 2030.
Since cryptomarket is very unpredictable and more we look in the more distant future we're having hard time to be accurate,I'm aware of that.
But I'm thinking about not so distant future as of 2030. or more,but more around 2025.
I would like to hear your personal opinion what do you predict is the very realistic price ETH could achieve in 2025.?
Does $10k-$15k sounds too much bullish,or is there pretty good chance to reach that price in 2025.?
Everyone's opinion is more than welcome.

So,I guess Trezor have a secure element as well,just like Ledger?
Once I get Trezor,I won't have to worry about that someone can hack into my Coinbase account whether I'm offline or online and steal anything?
So even if coins aren't actually stored on device itself,nobody can ever hack my wallet,if I keep seed words written on paper and device stored on secure place?

Hey guys,I heard that cryptocurrency aren't actually stored on hardware wallets at all.
They just make some kind of barrier between online wallet and hackers.
Is that true,because I felt really safe knowing that they'll be stored on device itself and cutoff from internet and PC,although I'm aware I'll had to go online to make a transaction.

I just read a long thread on Reddit regarding EIP 1559.
I just read other peoples comments and I can see that thread is created to defend EIP 1559.
I'm very new to all this and I barely understand how everything works,but after reading comments and arguments of miners vs stakers I can see that many accusing miners for being greed.
However,I read some good arguments from miners and those who don't take neither side,and I see that stakers are basically new type of miners with same goal of pure profit.So they have same interest,but EIP will kick miners out of game and benefit more to stakers.
Did I get this situation right?
So you disagree with my plan to mine ETH while I can,and then mine other most profitable coin once ETH goes to POS and trade that coin for ETH,and by doing that I would slowly get ETH from trading and hold it for future when it reaches high price?
I think ETH has good future,or at least that's what I heard.

I would be happy to mine ETH as long as I can.
I'm thinking at long terms,so I would like to mine ETH as much as I can while it's in POW despite it can't reach $5,000 or so,and once POS time comes I would have decent amount of mined ETH,or at least I hope,so I would still hold it for some time until it reaches high price.
You said tha end of ETH mining may happen in several years,but among first comments devil2man said that ESIC is coming in July and it will have big effect in Crypto world and that ETH mining with GPU will end at latest by the end of this year.
I suppose you disagree with his predictions?

Thanks everyone for sharing your opinion,I didn't manage to quote everyone since I never learned how to multi quote on bulletin forums.
Yeah,I was one of very few lucky that manage to grab RTX 3080 for good price and it gives great hashrate of 94 Mh/s and I'm aware that it won't gave that hashrate in next 2-3 years.However I still hope it will have decent hashrate of around 60 Mh/s,but I'm very optimistic with that prediction,I think it would realistically gave around 40Mh/s.
If mining still remain profitable and keeps growing and many big players like Musk,Paypal and Visa jump in it will help move things forward so I'm very cautiously optimistic for future of mining and crypto world in general.
I plan to hold my ETH and sell them in future,probably around 2025. as many said that it could jump to 10000-15000 dollars per ETH.
I honestly don't believe that ETH will worth that much even in 2028. if it reaches that big number at all.
I agree that it could realistically reach around 5-7K in 3 years,but I'm still hoping that it may reach 9-10K by the 2025. although I'm pretty skeptical.
While I was reading many prediction for ETH I saw that many ''experts'' agree that it could realistically reach 10k in 2025.,I'm not expert at all,but I still think it's a bit too optimistic.I won't event comment things like 20k.
One of you mentioned that I should switch to ETH classic after ETH goes to POS and I think that's good alternative or at least I heard it is,however when I check Whattomine I see that ETH Classic is on 35th place as most profitable coin.
I currently getting $9.33 of profit from mining ETH,and one of the next most profitable coins seems to be Conflux which would gave me profit of $5.68 per day.
That's still much more than ETH Classic which gives me profit of only $2.26 per day.
I'm curious how come is ETH Classic more profitable if I can get more Conflux and trade it for ETH?

Does Ethereum Classic have bright future like Ethereum (original)?
As for other altcoins,from what I heard,there will be shift from strongest coin to another,just like Ethereum inherit Bitcoin.
I heard that there will always be one or two coins that will be strong as Bitcoin and ETH are now,it's just we can't predict that what exact coin that will be.
Is it true what they say about that,and does that mean I could have same profit as I have now ($150-$200 monthly) with RTX 3080,just with different coin?
And if that's possible,will that last for 2-3 years with my current GPU?

One thing I learned is that cryptocurrencies world is all about speculations and there is no definitive answer,but I like to hear anyone's opinion as well as yours.

Hello everybody,

I started mining ETH one month ago with single RTX 3080.I'm very new to all this and I still have lot to learn so please don't hate me if I ask stupid questions.
I know that ASIC was announced to be released in July and it will make mining more difficult for GPU miners.
I also know that transition to ETH 2.0 has began in December 2020 and we're in faze ''0''.
Some say that POW will end around 2024 and POS will begin.
I'm not too much familiar with things with going to POS and how less profit can I expect as time passes.
I have single RTX 3080 and I'm earning around $180 per month after I pay for electric bill.
I'm getting around 94Mh/s with my GPU and with current difficulty I get around 0.00460 ETH daily.

Since you're a lot longer in mining and have much more experience and knowledge,I would like to ask you to tell me your opinion if I'll have profit of at least $100 with payed electric bill in next 2 or maybe even if possible 3 years (I know 3 years is a bit too long)?

I don't plan to sell my ETH,but instead wait for value to jump for around $10000-15000 per ETH in around 2025. and then sell it.
I say $10000-$15000 per coin because that's what many say is realistic prediction.

So,judging by release of ASIC and transition to ETH 2.0 and POS,will I still be able to mine ETH with single RTX 3080 with success and decent profitability in next few years?

First,I didn't quote all who commented in this thread because it would take too much space,but I want to thank everyone who helped with their comments.
@jossiel I plan to keep seeds words written on paper and stored on safest place possible.
I have anitvirus,but I also use,well...pirated websites very often and I often have viruses,but I remove them frequently.
I know there is a morality issues with that,but I mostly use them to try product before I decide if I'll going to buy it or not.
You said there is a chance I'll be hacked by copy paste address attack,what did you mean by that?

Hello everybody,

I'm new to cryptocurrencies and I want to buy my first hardware wallet.

Let me just say that I didn't know where exactly should I put this thread,so I opened it in general section.I kindly ask mods to move it to right part of the forum if this one isn't appropriate.

I narrow down my choice to Trezor One and Ledger Nano S.

I would like to know few things that will help me choose between two.

1.Which one is more secure when it comes to connecting to PC (i don't plan to use smartphones)?

2.What will happen if I have etc. Trezor and it get broken/lost/malfunctioned-can I still retrieve coins if that happens?

3.Can I get hacked if I connect them to infected PC or PC with bad Antivirus protection?

4.If either company (Trezor/Ledger) goes broke,what will happen with support and will i still be able to use them?

5.I prefer to be more safe once I'm connected to PC and I have less worries that someone will steal physical device,which one would you recommend then?

6.Which one has larger capacity for storing more coins and which one is more ''futureproof''?

Every comment is welcome.

Thank you all for help.
@TGJ I get between average hushrate from 84mh/s all the way to 96mh/s.
It changes every few hours constantly.
I did tweak my GPU with MSI Afterburner
Core is -120
Memory is +1000
Power limit is 70%

I had stable PC with memory overclocked up to +1080,but I had same hushrate,if not worse with it.

@FireBallex Yeah I made a mistake while writing,I know miner such as T-Rex is not responsible for payout.
Thanks for info tho.

There is only that little difference between using miners like T-Rex on Ethermine and using Nicehush!?
Man,I was convinced by one guy who told me that using Nicehush takes around 5% of payment  more with fee and  lower hushrate than using T-Rex on Ethermine alone.
I will use Nicehush then,I like payment threshold more.
PS
I have average 92Mh/s with my RTX 3080

If Nicehash have all available miners for each algorithm why would I bother with ''only'' T-Rex alone?
I suppose the catch is that they pay more fee for that service.
What would happen if I use Nicehash for finding fastest and most profitable algorithm and then just switch on it without using Nicehash again?
Since I'm still very new to all this,I presume that fastest and most profitable algorithms change constantly,right?

As you're more familiar with mining,can you tell me how much income percent would I lose from using Nicehash compared to configuring miners by myself?
Just for info,I'm using T-Rex on Ethermine for last 3 days for mining and I manage to earn $35,50.
I'm not sure what you mean exactly by configuring miners like T-Rex?
I heard that you only need to edit bat. file and type in pool server and wallet address and that's all configuring or is it?