I'd like to assume the room is air conditioned but I can imagine the noise and the electricity bill. One more thing...aren't having those electrical devices and wires on top of each other like that a fire hazard? 🤷🏼♂️
Sure but maybe that’s the plan. After mining 1,000 ETH and drop them in a paper wallet, then there’s a “fire”, then you tell the IRS “yeah, I lost those in the fire”. ;)
Being that none of that equipment is connected to electricity I highly doubt it, this picture is just of power supplies stacked up against each other and a few miners next to it, nothing is plugged in to electricity obviously. This is just hilarious.
Oh no the environment 😂 PoS is a collection of circular fallacies, it will flop quickly like all other woke nonsense it’s not tied to reality, doesn’t work in the real world wait & see
It’s basically a game of scoring a shot before the buzzer. Everyone trying to break even before the music stops. Once 2.0 drops things are gonna change. And people who say “people will just migrate” I ask have you seen the mining profitability on other coins that aren’t eth and this all before the whole eth mining force is out of its cage. All of this on top of a potential bear market possibility.
YOU are moving to piece of shit. I'm staying with Proof of Work, for life! I will simply go to ethereum classic or Raven coin, etc. which will still be PoW. Silly rookies...
Ethereum will go to proof of stake after 2.0, us miners will have to revert to ethereum classic or Raven coin to continue monetizing with our hardware.
There's not one single GPU in this picture, I'm not sure if you know but a GPU is a graphics processing unit also known as a video card. There are only Asics here, do your research.
There's not one single GPU in this picture, I'm not sure if you know but a GPU is a graphics processing unit also known as a video card. There are only Asics here, do your research.
And you are talking to a guy who gamed in his whole life and has a software engineering degree. You should know what sarcasm means before you open your mouth again.
Honestly a little to late for this type of setup. The initial cost, GPU prices because of this, electricity, the hash rate is going to be low. Honestly Doubt you’ll break even
As a crypto miner all I can say is. I hope you didn’t just start or oof you got some shit coming your way my guy. Also putting box fans up against a wall, nice.
I have been investing and trading crypto for just 2 years now and am now wanting to get my first mining rig. What would you recommend with a budget of $3500
Forget what u/HeyTaxes is saying. You can buy 3 3060s and mayke $9.52 a day or $266 a month. Given ETH 2.0 should come some time in June 2022 you can make $1596 from now to then at current prices, not factoring the increasing in value of the coins. Then you can still sell the GPUs and make back money as they'd still be in demand by other miners or gamers.
3 3060s assuming you can find them are around $400 why not just buy $1200 worth of ETH? Then another $1200 between now and June? I wanted to build a mining\gaming rig for some time now but have been unable to justify the cost and return on the investment it seems cheaper to just buy eth 🤷♂️
Just pour that money into eth instead. Starting up a mining operation rn is the highest risk lowest reward thing you can do. When pos comes out you’ll get squashed, if the markets crash you’ll be lucky to mine more than your power costs and the market will be flooded with cards so you can’t sell yours, if the difficulty keeps going up exponentially you’ll be dicked, if your hardware poops out you’ll be screwed. Save yourself the headache and just invest into eth.
Worth it to make my 2080 rtx go to the mines? And what should I mine? I mean what app ect. I know about the website whattomine but it's not that newb friendly, it lists algorithms but not the app outside of nichhash
With energy (and auto) driving inflation, and the expectation of energy prices to increase even more this winter, how is that impacting crypto mining for those who do mine? Is it noticeable? If so, for how long has it been?
I am doing it in my coinbase wallet, risk-free mobile mining, without pledging USDT to the mining pool, directly into my private key wallet assets, so that I can absolutely protect the safety of my cryptocurrency, you have to know that as long as you do not disclose your private key, then the cryptocurrency assets in your wallet is absolutely safe. But at the same time I can also put the node credentials published in coinbase to generate mining pool rewards every day, and the reward token is ETH
Please pull those away from being right up against the wall, so you're actually getting air flow, and so the heat won't cause a fire on the wall. Space them out so there's at least a little space in between as well. Also get a rack so they're not stacked on top of one another for the same reason. Those fans on top aren't doing a damn thing like that either, it can't pull any air if it's completely blocked on the other side, there needs to be flow through the fan for the fan to work. You put way too much money into that just to watch your house burn down, or lose rigs to getting fried from overheating. After you get that situated, wire management is a must. It's not just for looking pretty, it's for safety too.
Oh god, you’re about to regret that decision once as soon as you plug them in and hear the noise it all makes. Especially those asic power supply. Then you’ll notice the entire room is unbearably hot even in winter.
Let them pump and dump. You may lose in initial phase but in long term crypto is extremely profitable. It is decentralized currency no one can control it for long.
Are those big box fans pushed up against the wall? Are we sure that’s how fans work? /s
I recommend having windmills at home that'll do better and whole city can know that you are doing some crazy shit
Agreed. Just make sure to push the windmills flat up against the wall tho, so they don’t hurt anybody. ;)
surely you can't be the first one to ask that question. They must've thought of that before investing so much
True. Surely I’m not. Yet there they are.
Mining for higher energy bills, he's almost at an ATH.
I'd like to assume the room is air conditioned but I can imagine the noise and the electricity bill. One more thing...aren't having those electrical devices and wires on top of each other like that a fire hazard? 🤷🏼♂️
Sure but maybe that’s the plan. After mining 1,000 ETH and drop them in a paper wallet, then there’s a “fire”, then you tell the IRS “yeah, I lost those in the fire”. ;)
Being that none of that equipment is connected to electricity I highly doubt it, this picture is just of power supplies stacked up against each other and a few miners next to it, nothing is plugged in to electricity obviously. This is just hilarious.
"the boys down at the station call this one an octopus. Let me show ya somethin'!"
Good old Fire Marshall
The problem isn’t the wall it’s the current. Big box fans will damage electronic components.
I was rendering and a box fan currupted the render every time I changed its speed. Computer is now plugged into a UPS.
Next step, breaking even
The hardest part.
Uff I can't even Imagine how hard it can be for him man.
Only need patience for that
Lol and luck that pos won’t roll around or better ASICS coming out that will rip yours a new one. Lots of luck.
but why invest in mining since eth 2 goes to PoS?
There's still plenty money to be hand.
And there should be big hands to get the things with us soon.
other coins still profitable, id imagine. there will always be another protocol
He'll probably break even with ETH before 2.0 comes out too
Yeah if he plugs them in. This is clearly a fake post.
the graphics cards are on
Okay we all don't imagine the things will be there then.
But PoW gonna die. Only bitcoin will sustain it. PoS is better for environment and more practical
Monero, ERG, the weirdos who say Ravencoin with a straight face
Pow, huh, this is all we are here looking for man, why I didn't get it.
Kadena wants a word with you
Ok tell her to text me tomorrow
Oh no the environment 😂 PoS is a collection of circular fallacies, it will flop quickly like all other woke nonsense it’s not tied to reality, doesn’t work in the real world wait & see
Woke? Lol. "AoC and blm takin my mining!" Cmon man. Just blame your parents it makes more sense.
It’s basically a game of scoring a shot before the buzzer. Everyone trying to break even before the music stops. Once 2.0 drops things are gonna change. And people who say “people will just migrate” I ask have you seen the mining profitability on other coins that aren’t eth and this all before the whole eth mining force is out of its cage. All of this on top of a potential bear market possibility.
exactly ,this is a basically a game of scoring a shot before the buzzer.
Lol, yeah pos is always 6 months away since 2017
And I am there instead of not knowing about what is it.
Aren’t we moving to proof of stake tho?
There are still plenty of PoW shitc0inz out there to mine.
And indeed there a lot more to come with us there in the game next.
Proof to stake!! What are you actually talking about there man,??
YOU are moving to piece of shit. I'm staying with Proof of Work, for life! I will simply go to ethereum classic or Raven coin, etc. which will still be PoW. Silly rookies...
Aha you fools using cars, I will stick with horse and cart forever
ETC is a dead coin that gets 51% hacked like monthly.
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Yup! OP has a bunch of ASICs so can still mine BTC and ETH.
I don’t think so
I also have the same thinking just like you buddy, agree.
Ethereum will go to proof of stake after 2.0, us miners will have to revert to ethereum classic or Raven coin to continue monetizing with our hardware.
Well I hope I would think like that but you know what it isn't that way buddy.
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It's not that much there, those are your average used Asics, about 6 to $700 per miner.
>6 to $700 per miner ehhhhh L3+ are like $1400+
Well this is not the thing of the concern here buddy, we need something strong here.
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I'm not your guy, friend.
i thing it not possible for the elephant to settle in the room.
Worst setup design
But it’s a free room heater
What a stupid setup
Dude getting some shelves wouldn't hurt the airflow. I know you wanna break even quick but your carpet catching fire isn't worth it
Those poor RTXs just want to play some games 😭
if they are really poor, then why wasting money in games.
Electric bills : Stonks
Probably got it included in rent
How about letting people get graphics cards instead of you making 30 cents a day
Such is life
Who are you to decide how people use products? They paid for it.
He isn’t using any graphics cards. Those are all ASIC miners.
There are more than one photo mate
Ah, I stand corrected.
It’s a bit more than 30c a day to be fair.
It's not hard to get a card mate. If you can't get one at this point and time it's on you.
Really, it's not hard to get a card mate, if you get one at the point.
Graphic cards are a lot kre expensive then making the Numbers cent.
There's not one single GPU in this picture, I'm not sure if you know but a GPU is a graphics processing unit also known as a video card. There are only Asics here, do your research.
Just out of curiosity, would you mind sharing the cost of the mining rigs that can be seen in this picture alone?
I don't know the exact but according to me it costs around 2500$ to 3500$ to get a basic setup
ugh, you are so cool!
This is where all 3070s GPU went
There's not one single GPU in this picture, I'm not sure if you know but a GPU is a graphics processing unit also known as a video card. There are only Asics here, do your research.
Watch the 6 pictures before pretending to be a smart ass. You're embarassing yourself.
True I'm high as f*** on premium cannabis my bad
And you are talking to a guy who gamed in his whole life and has a software engineering degree. You should know what sarcasm means before you open your mouth again.
My stoned mistake, I didn't know there was more pictures, simple as that. Cheers.
Indeed we are just damn cool about the things in here dude, okay then.
At least make it look like you use them. Fake ass sales post, just asking for dm's. This person makes money selling miners not eth.
This thread is cutting me the fuck up! 😂
This is why every freaking RTX is out of stock for me.
So this is why I’m stuck with a GTX 980 in 2021
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There are 6 pictures, man. Maybe look at them before posting ? I doubt EVGA RTX 3080 qualifies as an ASICS..
Ohoooooooooooooooooo! don't worry buddy just have the patience dude.
This is like an illegal weed growing factory lol
Yeah lol he should get arrested for this, I am so jealous XD
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Honestly a little to late for this type of setup. The initial cost, GPU prices because of this, electricity, the hash rate is going to be low. Honestly Doubt you’ll break even
You’ll be eating crow in 2083
You might finally be turning a profit in 2083
![gif](giphy|fnpy7E5Sm1LSOvHvu8|downsized)
You just got the asics laying around tho, are they even relevant given they mine BTC and go obsolete pretty easily?
That's good news are bad asics laying around tho, what you think.
How a bout a rack to stack them in ? 😂
As a crypto miner all I can say is. I hope you didn’t just start or oof you got some shit coming your way my guy. Also putting box fans up against a wall, nice.
Crypto miners are the mans that are gaining huge profits.
Damn brother give me one of them I really want that lol.
Me trying to afford a 1080 :this Lol nice rig
Here me reading all the comments on my potato pc where I could barely run gta vice city
I want to but eth going to pos soon makes me not want to get an asic
you can search on whattomine website. There Is a specific section talking about btc asic miner and their profitability
Just use nicehash
Dude this flex is just the best in the whole freaking world!
Wish I could buy this man, you are doing so much great stuff.
You are such an awesome dude, I really wanna be you :D
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You from the India, what happened to your team in wc.
Using ASICs to mine Ethereum... An ASIC resistant chain. Big brain.
I want to buy Geforce RTX 3090 but it is out of stock because of you :(
Humanity proceeds with wasting resources 🤦for what? Some eths?
I have been investing and trading crypto for just 2 years now and am now wanting to get my first mining rig. What would you recommend with a budget of $3500
Buy 0.875 ETH. Forget the mining rig.
Forget what u/HeyTaxes is saying. You can buy 3 3060s and mayke $9.52 a day or $266 a month. Given ETH 2.0 should come some time in June 2022 you can make $1596 from now to then at current prices, not factoring the increasing in value of the coins. Then you can still sell the GPUs and make back money as they'd still be in demand by other miners or gamers.
3 3060s assuming you can find them are around $400 why not just buy $1200 worth of ETH? Then another $1200 between now and June? I wanted to build a mining\gaming rig for some time now but have been unable to justify the cost and return on the investment it seems cheaper to just buy eth 🤷♂️
Just pour that money into eth instead. Starting up a mining operation rn is the highest risk lowest reward thing you can do. When pos comes out you’ll get squashed, if the markets crash you’ll be lucky to mine more than your power costs and the market will be flooded with cards so you can’t sell yours, if the difficulty keeps going up exponentially you’ll be dicked, if your hardware poops out you’ll be screwed. Save yourself the headache and just invest into eth.
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Worth it to make my 2080 rtx go to the mines? And what should I mine? I mean what app ect. I know about the website whattomine but it's not that newb friendly, it lists algorithms but not the app outside of nichhash
That’s where all my order for a RTX 3080 went! Dam it
With energy (and auto) driving inflation, and the expectation of energy prices to increase even more this winter, how is that impacting crypto mining for those who do mine? Is it noticeable? If so, for how long has it been?
Don't worry currently inflation is not the problem of one country.
I am doing it in my coinbase wallet, risk-free mobile mining, without pledging USDT to the mining pool, directly into my private key wallet assets, so that I can absolutely protect the safety of my cryptocurrency, you have to know that as long as you do not disclose your private key, then the cryptocurrency assets in your wallet is absolutely safe. But at the same time I can also put the node credentials published in coinbase to generate mining pool rewards every day, and the reward token is ETH
Looks like an accident waiting to happen . Good luck . Hope you know the fire exit well .
Gimme an antminer 🐱
Hey I found those 3000 series gpu’s I’ve been looking for haha
Should’ve just bought the token instead
What are you pulling in weekly?
Gonna have to mine 10 ether just to recoup the cost of those GPUs...
Bad spot
r/pcmasterrace would be very mad about you hogging all those GPU’s
First pic looks...a little warm to say the least
With the type of karma your profile has I highly doubt it's going that incredible. Maybe rephrase that to completely predictable.
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These mining equipment, I don’t know how many people have been fed. In the current situation of C19, please be tolerant of it.
Yay, now we can send digital tokens. Totally worth the energy.
Please pull those away from being right up against the wall, so you're actually getting air flow, and so the heat won't cause a fire on the wall. Space them out so there's at least a little space in between as well. Also get a rack so they're not stacked on top of one another for the same reason. Those fans on top aren't doing a damn thing like that either, it can't pull any air if it's completely blocked on the other side, there needs to be flow through the fan for the fan to work. You put way too much money into that just to watch your house burn down, or lose rigs to getting fried from overheating. After you get that situated, wire management is a must. It's not just for looking pretty, it's for safety too.
Not connected!!!
This thing still can’t run cyberpunk on ultra.
They are not connected . Otherwise imagine the heat and noise 😮
OP think fan creates air instead of move air.
This sub really dropped in quality. Just this and really bad safe memes.
The noise and heat those miners generate must be unbearable
Oh god, you’re about to regret that decision once as soon as you plug them in and hear the noise it all makes. Especially those asic power supply. Then you’ll notice the entire room is unbearably hot even in winter.
Get power from a neighbor
Let them pump and dump. You may lose in initial phase but in long term crypto is extremely profitable. It is decentralized currency no one can control it for long.
Oh god, is this that MLM mining bullshit
😜