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Showing 20 of 1,130 results by nsummy
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Topic
Board Mining (Altcoins)
Re: What happened to Tensority
by
nsummy
on 04/05/2024, 01:56:09 UTC
I don't remember the profit ever being sky high with the B3.  If I recall correctly, shortly after they released the asic miner someone wrote a GPU miner and a single nvidia gpu had a higher hashrate than the asic.  It was an immediate doorstop.
Post
Topic
Board Announcements (Altcoins)
Re: ✅[RVO][PoS] REVO - Layer 1 Decentralized Public EVM Blockchain ✅
by
nsummy
on 04/10/2023, 21:05:16 UTC
who is RStakerWbSVo8k1PfLkCK5rTXEjmX3HQH9?  seems odd that you guys are seemingly running a node that finds all of the blocks.  According to the staking calendar anyone who buys a micronode can expect to find 2 blocks a year.  crazy
Post
Topic
Board Mining (Altcoins)
Re: 125 Pi Cluster Supercomputer
by
nsummy
on 04/10/2023, 18:31:26 UTC
reminds me of when the guy built a 600 core odroid-xu4 cluster to mine Verium:  https://bitcointalk.org/index.php?topic=2254852.0
Post
Topic
Board Mining (Altcoins)
Re: Understanding Filecoin with the goal of running a full mining node
by
nsummy
on 23/07/2023, 03:28:30 UTC
I'm a little curious about this myself.  Is there a filecoin "mining" guide out there?  Its amazing how bad google has gotten; Nothing but spam sites and worthless clickbait articles.  On a sidenote, Icelake CPUs probably aren't on pcpicker because I don't think its possible to buy them in a retail package. They were either embedded on laptops or sold with servers.  I could be wrong though.
Post
Topic
Board Mining (Altcoins)
Re: What miner is most profitable at 0.01 usd/kwh ?
by
nsummy
on 24/05/2023, 04:09:03 UTC
This thread being in the altcoin section I'm surprised that people are focusing on ASIC information and not GPUs.  I would say if you want to know information about profitability then look to https://whattomine.com/ for a list of GPUs and algorithms that can also have electricity price entered into the equation.  With such a cheap price to pay for electricity, most likely it will be whatever you can get the most revenue from for the least amount of equipment purchase cost.

Did you even read the post?
Post
Topic
Board Mining (Altcoins)
Re: MatchX NEO Miner - Bittawm Trust Review (Earn over $5/day using 1watt)
by
nsummy
on 12/05/2023, 02:22:03 UTC
This reminds me of Helium.  Almost exactly the same concept.  I know Bittawm is just sharing knowledge in a bear market so I won't shoot messenger  Grin Grin  This is a straight up rug pull scam.  There is absolutely no market for this technology ( at least not in the crypto space) so the plan is to sell their overpriced "miners."  If you open one of those up I am guessing its nothing but a carrier board with raspberry pi compute module in it.  Is there even a way to run a local wallet?
Post
Topic
Board Mining (Altcoins)
Re: Why buy old ASICS?
by
nsummy
on 11/04/2023, 15:39:41 UTC
One reason that you probably won't see mentioned here is earning truly anonymous currency.  Crypto is anonymous to an extent but there is always a paper trail when you are buying from an exchange.  Mining is a way to ensure no one knows you are the owner.
Post
Topic
Board Mining (Altcoins)
Re: Decided to do a promotional alt coin signature vs my older signature.
by
nsummy
on 25/09/2022, 01:12:00 UTC
In a sick way I kind of miss the times when the signature campaigns on here were out of control.  When they paid based on your member status and your status was pretty much just tied to the number of posts that were made.  The shit posting was out of control. Some of the campaigns were relatively lucrative.
Post
Topic
Board Mining (Altcoins)
Re: In your opinion, which altcoin do you think is going to be the new king of POW
by
nsummy
on 24/09/2022, 07:57:59 UTC
The alternatives to eth are not lacking obviously you will never have the same earnings i would say that you can easily choose between etc, raven, ergo, ethw i would suggest you try them all and see which is the most performing with your equipment

Right now if I had to choose I would go with ETHW.Why you may ask?That is simple because it has the lowest difficulty compared to ETC and ERGO and the price is super cheap.I know it got hacked pretty soon but that was on an exchange and not on your personal Metamask wallet so I would not care much about that news yet,one has only benefits to get from this coin if all the predictions come true and it goes like at least the all time high of ETC at 179 USD for a coin.Right now a 300 Mhsh rig does more than 4 such coins monthly,for the future it is the best investment anyone can make in my opinion.

Ethw is in the same category as bitcoin gold but honestly probably worse.  The main use of ethereum is smart contracts.  Ethw doesn't even pretend to focus on that.  Its nothing more than a forked chain with zero utility and zero value.  A circle jerk of miners if you will
Post
Topic
Board Mining (Altcoins)
Re: Helium fans here?
by
nsummy
on 11/06/2022, 06:31:22 UTC
When I looked into it last year, I thought it was definitely interesting.  The giant problem seemed to be getting ahold of the hardware.  It seemed like dealing with the hardware manufacturers was a borderline scam.  The hardware used has to be pre-approved, and the only pre-approved hardware was basically a router based on a $35 raspberry pi compute module.  They would then mark it up hundreds of dollars.  You would then have to pre-order and wait months while hoping you actually got it.  Not sure if Helium is an outright scam or something they truly want to see happen...
Post
Topic
Board Mining (Altcoins)
Re: How bad can it get?
by
nsummy
on 31/05/2022, 02:58:59 UTC
IMO a bear market is the best time to mine if you own the equipment outright and can afford to pay your electricity bill without selling for fiat.  This is especially true if you paid retail or lower for your gear.  Oddly enough it seems like values have appreciated compared to pricing pre-chinese tariff.
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Topic
Board Mining (Altcoins)
Re: I found new POW coin
by
nsummy
on 30/04/2022, 03:12:58 UTC
Post
Topic
Board Mining (Altcoins)
Re: Auto switching on profitability
by
nsummy
on 23/03/2022, 07:08:25 UTC
This is the only one I know of for linux:  https://mineros.info/

On Windows there are a few more: awesome miner, nemos miner, zpool miner, and multipool miner
Post
Topic
Board Mining (Altcoins)
Merits 4 from 2 users
Re: Anyone heard of Midas Mining? I can't read what's on their website.
by
nsummy
on 23/03/2022, 06:56:44 UTC
⭐ Merited by The Pharmacist (3) ,ETFbitcoin (1)
LOL I almost spit out my beer when I saw this video of the flashing usb sticks combined with the music:  https://youtube.com/shorts/6vmdS0kC_bw?feature=share   

I think these guys are in Indonesia, not India.  Guaranteed to be straight up snake oil, especially considering the claims of 12 Kh/s.  More than likely these things do nothing but flash bright colors, you then connect them to their pool, which prints out fake hashrates.  By the time everyone realizes its a ponzi scheme, they fold up shop.
Post
Topic
Board Mining (Altcoins)
Re: How is that laptop mining journey so far?
by
nsummy
on 10/03/2022, 21:30:24 UTC
A colleague of mine has an HP Omen laptop with 1660 ti and is mining since June or July 2021 I don't remember exactly when he got it but it is running fine so far by mining Ethereum,also this card is not one of those Rtx 3080 that can get heat pretty quick.I don't see any degradation right now to his laptop,it still looks like brand new when he get it at work.He also mines with his CPU Ryzen 5 some Raptoreums and everything is running fine so far,the laptop has three years warranty so no problems.He bought it at an expensive price though near 1500 EUR but he doesn't mine with it 24 hours of the day,for 24 hours mining laptops are a really bad choice.
How do you determine the state of the laptop? Of course, the external condition will be ideal, because no one has used it, but we have experience that in the first year 10-30% of laptops that are used in mining break down. Of course, it is beneficial for him if the laptop breaks, because the retailer will be replaced with an analogue, the money will be returned, or the motherboard will be changed to a new one.

Why do you even post responses when its clear you have no idea what you are talking about.  Depending on the brand and quality, I think its probably a fair assessment to say 10-30% of laptops have issues within 5 years, regardless of mining.  Buy a 3+ year warranty, problem solved.
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Topic
Board Mining (Altcoins)
Merits 3 from 2 users
Re: 5600XT mining
by
nsummy
on 07/03/2022, 21:21:54 UTC
⭐ Merited by hugeblack (2) ,philipma1957 (1)
I own a 5600xt with 3 fans.  I bought it in February last year for $380.  Its a good card.  For $950 though, its not a good buy.  It maybe makes $2 a day before electricity  Grin  Only an idiot would pay that much for the card
Post
Topic
Board Mining (Altcoins)
Re: PhoenixMiner 5.9d: fastest Ethereum/Ethash miner with lowest devfee (Win/Linux)
by
nsummy
on 07/03/2022, 20:55:05 UTC
im still using 5.4c version for my old polaris cards.
@phoenix is there any update to add ETH+TON or ETH+ALPH or ETC+TON Smiley

i stopped using phoenix because lack of dual
hoping i can go back to phoenix
please and thanks

Does dual mining really increase rewards that much?  I have always avoided it because the one time I did try, I found that mining a single chain actually produced better results.  Has the tech improved and everyone should be dual mining now, or are there certain cards where this makes sense while others do not?  I'm genuinely curious because all of the miners seem to have dual mining options these days, yet I can't seem to figure out how this would be beneficial when I consider my own results (admittedly a long time ago).  If anyone has any information or a resource to help me learn more about dual mining and if it is worth it, I would be appreciative.  Thanks!

It really depends on what you are dual mining and how well its implemented.  ETH+TON you can mine at same ETH Hash rate as single mining depending on the miner for the cost of 10=20W.  Bad news about TON mining is that it was planned to be short lived and will end in a few months.

I havent tried doing ALPH yet as the profitability is the same as TON at the Moment.

https://www.hashrate.no is a great resource to look at this more.

Thank you.  I had never heard of this before!
Post
Topic
Board Mining (Altcoins)
Re: Is it possible to use an ASIC miner to crack a wallet.dat lost password?
by
nsummy
on 02/11/2021, 18:25:17 UTC
What sort of value is in the wallet?  Is it significant?  If so it might be worth spinning up an AWS instance to run hashcat.
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Topic
Board Mining (Altcoins)
Re: Proof-of-NFT?
by
nsummy
on 27/09/2021, 04:28:07 UTC
no
Post
Topic
Board Mining (Altcoins)
Re: Just tell me if this is a bad idea
by
nsummy
on 15/09/2021, 18:37:42 UTC
Where do you live?  If it only costs $20k to build a nice home I might get a 2nd residence Smiley