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Is crypto mining dead reddit

Written by Bella Oct 06, 2021 · 7 min read
Is crypto mining dead reddit

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If youre doing it for fun great. In this video I just wanted to weigh in on the discussion is GPU mining is dead. Feel free to sha. And what equipment you choose to use. Plus with some changes that are coming a lot of people are saying that mining is going to be dead.

Is Crypto Mining Dead Reddit. I dabbled in GPU mining back in 2011 and even getting in that early I would have done much better just buying bitcoin directly. If you choose not to invest in actual equipment. You can always choose to go PoS Proof of Stake as a means of mining. 0239 What has been.


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This doesnt mean that GPU or CPU mining is dead. Once Ethereum switches over completely to Proof of Stake. We already see illegal power theft become common for POW crypto mining. Posted by 9 days ago. It just means you have to mine different coins with this type of chipsets. Not just that but giant mining farms are taking over.

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20072021 dead investment is a misnomer in my view. This doesnt mean that GPU or CPU mining is dead. Mining revenue is the lowest it has been ever. Mining is like playing a musical instrument. All over the new 1559 stuff and 20. Any coin that is sha-256 will be mined with ASICs and your GPU will not be able to compete even right at launch people will use their ASICs to mine.


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I suggest mining on one of the many available multipools if you want to maximize ROI. 14082021 View All Result. 20072021 dead investment is a misnomer in my view. And what equipment you choose to use. Mining is still very much so profitable.

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However my friends LHR 3080 when mining Conflux or Ethereum or Ravencoin or anything really has the Vram temperature constantly getting to 102-110c. 23072021 Cryptocurrency mining might not be dead but mining profits are reporting low. In this case the sender has to be given the address which is basically ones identity in the crypto sphere in order to facilitate the transfer. This doesnt mean that GPU or CPU mining is dead. Crypto-mining is a dangerous practice restrictions on Crypto-mining will be a net positive.

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What would you consider safe temperatures for GPU VRAM. Life after Ethereum 20 Is crypto mining dead. I dabbled in GPU mining back in 2011 and even getting in that early I would have done much better just buying bitcoin directly. 50 - 100 comment karma. Mining is still very much so profitable.

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20072021 dead investment is a misnomer in my view. Mining is still very much so profitable. 20072021 dead investment is a misnomer in my view. 3 - 4 years account age. This isnt clickbait and its not a joke mining profitability is literally doomed without Ethereum especially GPU mining profitability.

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Mining revenue is the lowest it has been ever. Any coin that is sha-256 will be mined with ASICs and your GPU will not be able to compete even right at launch people will use their ASICs to mine. 20072021 dead investment is a misnomer in my view. I dabbled in GPU mining back in 2011 and even getting in that early I would have done much better just buying bitcoin directly. However it wasnt long after that GPU mining Bitcoin was faced with the same dilemma when ASIC miners took over the Bitcoin scene.

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So dont count on a magic solution crypto is down everywhere except for Reddit. Help Reddit coins Reddit premium Reddit gifts. So dont count on a magic solution crypto is down everywhere except for Reddit. If youre doing it to make money youll probably fail. Feel free to sha.

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However my friends LHR 3080 when mining Conflux or Ethereum or Ravencoin or anything really has the Vram temperature constantly getting to 102-110c. You are going to want to stick to coins that use something other than sha-256. 50 of all crypto-related articles from the past 6 months. Facebook Twitter LinkedIn Tumblr Pinterest Reddit VKontakte. Help Reddit coins Reddit premium Reddit gifts.

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If youre doing it to make money youll probably fail. Crypto-mining is a dangerous practice restrictions on Crypto-mining will be a net positive. Nithronium 25 in crypto 3 years ago edited Early adopters of the Bitcoin had made maybe thousands of coins yet most of them couldnt see the future and sold or forgot those coins. What would you consider safe temperatures for GPU VRAM. Obviously electricity cost is the main factor here.

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14082021 View All Result. However it wasnt long after that GPU mining Bitcoin was faced with the same dilemma when ASIC miners took over the Bitcoin scene. Mining is like playing a musical instrument. I watched 4 videos today basically saying sell your mining equipment get out while you can. Any coin that is sha-256 will be mined with ASICs and your GPU will not be able to compete even right at launch people will use their ASICs to mine.

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20072021 dead investment is a misnomer in my view. You are going to want to stick to coins that use something other than sha-256. 23072021 Cryptocurrency mining might not be dead but mining profits are reporting low. 3 - 4 years account age. We already see illegal power theft become common for POW crypto mining.

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You can always choose to go PoS Proof of Stake as a means of mining. Nithronium 25 in crypto 3 years ago edited Early adopters of the Bitcoin had made maybe thousands of coins yet most of them couldnt see the future and sold or forgot those coins. We already see illegal power theft become common for POW crypto mining. Once Ethereum switches over completely to Proof of Stake. And what equipment you choose to use.

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