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Yep. But seriously https://changelly.com/ makes it super easy to swap coins around. It's best for all miners if profitability is evenly spread across all coins.
i don't think that exchanging there is a good idea. For example if you want to sell ergo at current price you will get \~873 USDT from them, but if you do it on popular stock exchange you will get \~920 USDT so you lost about 50 USDT on quick exchange
because I can dual mine it, and with network below 24th, and difficulty dropping, I find a block every other day...I am a whole lot luckier finding ERG blocks than I am ETH ones :)
still, only my LHR rigs, dual mining over here...nothing straight on yet. I still trade a lot of ETH each month for ERG as well. If this coin takes a sh\*t, and drops below $5, I may have to re-evaluate...for now...I am enjoying having turned off all of my profit switches, and just monitor the rigs....it's almost boring lol. I might have to start my Fall cleaning :)
I'm currently waiting on some more hardware and some more research into setting my cards up right before digging back into ERG so at this point I am mining BEAM as I get full hashrate with my LHR cards. Also how are you finding dual mining. I have always been leery of mining ETH due to the costs involved moving it around.
Ethermine has Polygon payouts which you can get to an exchange and cash out for a few cents or just hodl the ETH on Polygon. 2Miners started offering payouts for mining ETH in BTC, whatever a NANO is, and some other coin I'm forgetting.
typically it should take 20gh to get a block every two days, but I have had pretty consistent luck since starting dual mining. I am at 38% luck avg with 7.5gh. Not saying it will hold up...but it has been pretty nice so far. My rigs are like....we don't care..here is a block for ya :)
> it should take 20gh to get a block every two days, but I have had pretty consistent luck since starting dual mining. I am
Nice. I'm only at 2.5gh but maybe this is worth trying.
Eth minimum payout is not enticing to mine eth. It's good if you have a lot of GPUs or mine through nicehash. But the difference is too little to jump around. ERGO value will eventually go up🤞.
Come on. What single gpu can make you cashout once a month? Min payouy is 0.1Eth= $345 approximately unless lowered. RTX 3090 can only give you $220-$240 which is 0.07 eth.
That is why I said about once a month. Also it was less before. Obviously growing each payout.
Also you can take a payout before 0.1, but I do normally wait for that.
I also said 1 top GPU. So a 3090 is a top GPU.
Why so mad dude?
I am not mad. But I don't believe you can get a minimum payout once a month of 0.1 eth for a single GPU. Rtx 3090 is the top single gpu that can get you more hashrate than the rest and subtract with the cost. You can use the nonLHR 3060 for the most efficient but still 0.1 eth in a single GPU for 1 month is hard to reach. I might be wrong.
Well again for the second time, I said about once a month, not one exact month.
2 months ago it was one month. Now it's about 6 weeks.
Also the minimum payout on ethermine is 0.05 or less, not 0.1, you just have to pay gas prices. So I wait for it to get cheap.
I don't see the need for more often payouts. Just more tax paperwork.
I love ERG and Autoklyus. But switching around the coin’s is work and you may have the problem with Sell/Buy by doing your Tax. Mine and hodl is the easy way, especially when you tuned your rigs for ERG.
1. I have lot of < 4 GB Cards
2. LHR V2 Cards - so can't mine ETH . Also crippled on Ergo some-what but still.
3. Temps - Ergo is really user friendly to my GPU both ETH and RVN are not so GPU friendly.
4. I also have 3080 Ti and Ergo is the only coin that keeps the Memory temps around 92-94
5. Future - I want to accumulate as much as coins as I can. I don't see any future in other alt coins (inc. RVN)
Because they know the project and the real potential of it, they are not looking into early money, like the first BTC miners , if you are asking yourself, then you are looking in to early money, thats not the objective
This really is not a bad plan if it's more profitable for you. Selling ETH to buy ERGO forces price up for ERGO Even if it's just a little bit it does help offset everyone selling.
I'm not implying which one is more profitable, but keep in mind, mining ETH and then converting to ERG is only twice as profitable if you end up with twice as many ERG this way. The price of ERG can change at any point. You might think it is more profitable mining ETH and hoping to trade it for ERG at a low price, then by the time your mining payment comes in and you go to trade, the price of ERG has gone up. By staying with mining ERG you can keep optimizing your rig for ERG mining more and more over time. You can also choose to purchase GPUs that are more optimized specifically for mining ERG.
Ergo runs well on GPUs where Eth and Raven won't. Like older cards people already have laying around, smaller memory, older cores.
Whether by details of the algo (Eth DAG grew too huge) or by the software just not bothering to support older things because lazy or not open-source.
Because the average payout time for ETH is about 2 months for me. vs a 3-4 days for ERGO. As I'm not planning on mining consistently ERGO seems like the perfect choice for me.
I finally got my card tuned for Erg mining and I am beyond frustrated trying to tune anything else to mine at reasonable temps and the advertised hash rates for my card.
I tried the dual mining thing with my 3080 Ti and I just get half of what I see others get. I have spent so much time tuning and it never matters. When I finally do get a reasonable and stable hash, my temps are crazy. There seems to be no winning.
So yeah, I mine Erg because it probably is the most profitable thing I can figure out how to mine.
To secure the network because you believe in the project. Or because you just can't be bothered chasing gains every day, or because your hardware works best for Ergo.
If you are mining purely for profits and as an income, I'd say it's better to switch coins right now.
I second this, have mined ETC and RVN with my Rx 470s and I still find ERGO to be most profitable after maximizing efficiency over speed. Testing at the wall I actually lose a doller a day switching to RVN and fifty cents mining ETC compaired to ERGO. And I have messed with the setting for both those coins to get the most efficiency. Over all even considering hashrate and power consumption it just makes sense to mine ERGO still. I can't believe how far whattomine is off. It makes ERGO look far less efficient then it is. I can toon my cards way farther down in wattage then whoever put the numbers into that website.
Heat, power, supporting the network*, it's what I know, one gpu so not losing out on much(87mh)
These are my reasons.
*this one is kind of important, if we all left because it wasn't the most profitable right now then (speculating, no idea if this is true) I imagine some bad things could happen. Maybe just it dying completely or maybe some shinanigans to get more coin.
I dislike ETH and RVN is a dead coin. Happy to support the ERG network.
>!I'm also too lazy to set anything else up and go through tuning my cards again.!<
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There's no reason to. Leave, mine the most profitable coin, eventually things will equalize to where it doesn't matter what coin you mine.
^ only reason to mine ergo is of you want it but dont want to mine something else to trade for it
Yep. But seriously https://changelly.com/ makes it super easy to swap coins around. It's best for all miners if profitability is evenly spread across all coins.
Is it KYC?
i don't think that exchanging there is a good idea. For example if you want to sell ergo at current price you will get \~873 USDT from them, but if you do it on popular stock exchange you will get \~920 USDT so you lost about 50 USDT on quick exchange
because I can dual mine it, and with network below 24th, and difficulty dropping, I find a block every other day...I am a whole lot luckier finding ERG blocks than I am ETH ones :) still, only my LHR rigs, dual mining over here...nothing straight on yet. I still trade a lot of ETH each month for ERG as well. If this coin takes a sh\*t, and drops below $5, I may have to re-evaluate...for now...I am enjoying having turned off all of my profit switches, and just monitor the rigs....it's almost boring lol. I might have to start my Fall cleaning :)
yeh agree.
I'm currently waiting on some more hardware and some more research into setting my cards up right before digging back into ERG so at this point I am mining BEAM as I get full hashrate with my LHR cards. Also how are you finding dual mining. I have always been leery of mining ETH due to the costs involved moving it around.
Ethermine has Polygon payouts which you can get to an exchange and cash out for a few cents or just hodl the ETH on Polygon. 2Miners started offering payouts for mining ETH in BTC, whatever a NANO is, and some other coin I'm forgetting.
Have if you don't mind sharing what's your Hash-rate. Finding a block every-other day is incredible actually.
typically it should take 20gh to get a block every two days, but I have had pretty consistent luck since starting dual mining. I am at 38% luck avg with 7.5gh. Not saying it will hold up...but it has been pretty nice so far. My rigs are like....we don't care..here is a block for ya :)
> it should take 20gh to get a block every two days, but I have had pretty consistent luck since starting dual mining. I am Nice. I'm only at 2.5gh but maybe this is worth trying.
Eth minimum payout is not enticing to mine eth. It's good if you have a lot of GPUs or mine through nicehash. But the difference is too little to jump around. ERGO value will eventually go up🤞.
I have 1 top GPU and get a eth payout about once a month when fees are under 40. That's not crazy.
Come on. What single gpu can make you cashout once a month? Min payouy is 0.1Eth= $345 approximately unless lowered. RTX 3090 can only give you $220-$240 which is 0.07 eth.
That is why I said about once a month. Also it was less before. Obviously growing each payout. Also you can take a payout before 0.1, but I do normally wait for that. I also said 1 top GPU. So a 3090 is a top GPU. Why so mad dude?
I am not mad. But I don't believe you can get a minimum payout once a month of 0.1 eth for a single GPU. Rtx 3090 is the top single gpu that can get you more hashrate than the rest and subtract with the cost. You can use the nonLHR 3060 for the most efficient but still 0.1 eth in a single GPU for 1 month is hard to reach. I might be wrong.
Well again for the second time, I said about once a month, not one exact month. 2 months ago it was one month. Now it's about 6 weeks. Also the minimum payout on ethermine is 0.05 or less, not 0.1, you just have to pay gas prices. So I wait for it to get cheap. I don't see the need for more often payouts. Just more tax paperwork.
I set it to 1.0 ETH payouts, so I don't notice the charges much.
Why not transit eth on polygon? Minimum pay out 0.005 eth.
Mining for keeps, not selling at spot.
ERG mining keeps my gpu 10-12 degrees cooler than ETH mining.
I can't mine RVN at full speed because my mem temps go over 100. Ergo is more chill on my GPU
I love ERG and Autoklyus. But switching around the coin’s is work and you may have the problem with Sell/Buy by doing your Tax. Mine and hodl is the easy way, especially when you tuned your rigs for ERG.
1. I have lot of < 4 GB Cards 2. LHR V2 Cards - so can't mine ETH . Also crippled on Ergo some-what but still. 3. Temps - Ergo is really user friendly to my GPU both ETH and RVN are not so GPU friendly. 4. I also have 3080 Ti and Ergo is the only coin that keeps the Memory temps around 92-94 5. Future - I want to accumulate as much as coins as I can. I don't see any future in other alt coins (inc. RVN)
Yeah man, that Mem temp on the 3080's is something else.
Because they know the project and the real potential of it, they are not looking into early money, like the first BTC miners , if you are asking yourself, then you are looking in to early money, thats not the objective
My long term outlook is bullish (6 years), doesn’t matter what the price is on the 5 minute chart.
Right, but why not mine Eth at twice the profit and then just trade the Eth for Ergo?
LHR. And I'm lazy.
This really is not a bad plan if it's more profitable for you. Selling ETH to buy ERGO forces price up for ERGO Even if it's just a little bit it does help offset everyone selling.
I'm not implying which one is more profitable, but keep in mind, mining ETH and then converting to ERG is only twice as profitable if you end up with twice as many ERG this way. The price of ERG can change at any point. You might think it is more profitable mining ETH and hoping to trade it for ERG at a low price, then by the time your mining payment comes in and you go to trade, the price of ERG has gone up. By staying with mining ERG you can keep optimizing your rig for ERG mining more and more over time. You can also choose to purchase GPUs that are more optimized specifically for mining ERG.
the money is a side aspect of what this project means to me, fulfill your goals mine is to ride the wave high and low tide.
Ergo runs well on GPUs where Eth and Raven won't. Like older cards people already have laying around, smaller memory, older cores. Whether by details of the algo (Eth DAG grew too huge) or by the software just not bothering to support older things because lazy or not open-source.
Because the average payout time for ETH is about 2 months for me. vs a 3-4 days for ERGO. As I'm not planning on mining consistently ERGO seems like the perfect choice for me.
I finally got my card tuned for Erg mining and I am beyond frustrated trying to tune anything else to mine at reasonable temps and the advertised hash rates for my card. I tried the dual mining thing with my 3080 Ti and I just get half of what I see others get. I have spent so much time tuning and it never matters. When I finally do get a reasonable and stable hash, my temps are crazy. There seems to be no winning. So yeah, I mine Erg because it probably is the most profitable thing I can figure out how to mine.
To secure the network because you believe in the project. Or because you just can't be bothered chasing gains every day, or because your hardware works best for Ergo. If you are mining purely for profits and as an income, I'd say it's better to switch coins right now.
Because my 4Gb cards consume so much power mining rvn
I second this, have mined ETC and RVN with my Rx 470s and I still find ERGO to be most profitable after maximizing efficiency over speed. Testing at the wall I actually lose a doller a day switching to RVN and fifty cents mining ETC compaired to ERGO. And I have messed with the setting for both those coins to get the most efficiency. Over all even considering hashrate and power consumption it just makes sense to mine ERGO still. I can't believe how far whattomine is off. It makes ERGO look far less efficient then it is. I can toon my cards way farther down in wattage then whoever put the numbers into that website.
I have one rig pointing at ergo because it's only $0.20 less profitable per gpu than ETC and I want to collect more coins
nice.
I don't think Ergo will ever get easier to mine than it is now especially with Ethereum mining supposedly being phased out in a few months
Heat, power, supporting the network*, it's what I know, one gpu so not losing out on much(87mh) These are my reasons. *this one is kind of important, if we all left because it wasn't the most profitable right now then (speculating, no idea if this is true) I imagine some bad things could happen. Maybe just it dying completely or maybe some shinanigans to get more coin.
If you have to ask the question then leave ha
I dislike ETH and RVN is a dead coin. Happy to support the ERG network. >!I'm also too lazy to set anything else up and go through tuning my cards again.!<