Mining in modern reality

 Babaduk
Mining in modern reality
Hello Guys, I don’t know if this post will be useful to anyone or not, what I would like to convey to the guys who mine or are going to do it, why I decided to post it because the cards are all bought at unrealistic price tags, even boo stuff. and so less chatter closer to the point Mining is not a constant income in which you invested in equipment and it brings you dividends that you expected, this is a market similar to trading in forex or crypto-exchanges or stocks, as the price of cryptocurrency grows, it will be followed by an increase in complexity from the increased number of miners, your income will decrease in this segment, why now I’ll explain You have a crypto currency, let’s say monerdo, there is a variable of 2 minutes to receive a block and if 10000000005000000000000 servers will mine this currency with a difficulty of obtaining a hash of 1000000000 and find a block for 1 minute, then the complexity of the hash will be equal to the next block 2000000000 and you need to essentially mine it for 4 minutes, that is, you will never be in the black from the arrival of new miners in this cryptocurrency, just as you will mine it alone, you will also remain in place, which is possible do in this case? There are three options 1 - mine on a pool with PPS technology (the server of the pool pays you for each share depending on the complexity of the shares) and when it receives a block it shares everything with you and first of all with PPLNS (number 2) 2 - Mine on PPLNS is profitable then when you have a large resource of equipment, you are a priority for the pool 3 - Raise your solo pool if you have a large network of miners and they are able to receive more than they would work in other modes P.S what do you find out how much your equipment gives hashes) If you think to get rich, then I’ll upset you, because you first need to calculate the costs (for example, you bought a px580 boo card and decided to make money on it, consider the cost of the card + the cost of electricity + floating cryptocurrency exchange rate + internet costs + money dog ​​+ bp, etc., you will only be able to recapture the equipment for 7-9 months if the outcome is successful) and never take into account that it can be sold, cue ball competition will collapse you will crush Is it worth it to engage in mining? Of course, you have to decide, there are different approaches and resources, but my advice is to first study the topic properly and then invest in equipment

Answers:

old man
Very interesting

Alexander Nikitin
In China, many industrial-scale mining farms have been closed, so there will be no shortage with dead cards, and prices will fall.

Anya Tagina
Here's what I'll suggest. Omining is a profitable and modern mining that is available to everyone. Since the creation of cryptocurrencies thirteen years ago, the distributed economy industry has been gaining more and more popularity every year! Many people have already begun to actively use the crypt for online payments, and some have begun to be interested in mining and earn good money on the operation of the networks of Bitcoin, Ethereum and many other virtual coins. Despite the fact that a large number of specialists are engaged in mining today, it is still possible to make money on it, thanks to the launch of a large number of interesting altcoins and the improvement of hardware for mining. The entry threshold for novice users is very, very high if you try to mine cryptocurrency on a rig from video cards in an ordinary apartment, but thanks to the company https://omining.ru/services/, anyone can become the owner of their mining farm, which brings tangible income in a fully automatic mode. This company appeared a long time ago, since that time it has been helping Russian entrepreneurs to engage in mining on a completely legal basis. Thanks to the bilateral work with Omining, you will be able to: purchase completely new and used ASIC miners at excellent prices, with a guarantee and all the necessary documentation; place the existing mining equipment in a normal data center equipped with a reliable power supply system, fire extinguishing, monitoring and protection against unauthorized access; order a turnkey farm equipment service, which includes a full cycle of services from the purchase of the necessary miners to their installation in server rooms and setting up for the extraction of the necessary crypto; assistance with the correct legal registration of mining on the territory of the Russian Federation; professional technical and informational customer support; Visit the website of the company "Omining" if you want to learn more about the company's services!

...