Official Mining Thread

[SIrPauly]

And also if you don't participate in crypto, why are you participating in this thread again?

That applies to everyone btw - trolling is actually a violation of the forum rules the last I checked. This thread is not about how you think this is a fail, this thread is for those that participate in crypto.

No one is implying crypto currency is a fail. The reason why I am in this mining thread is to hear what people are thinking about Nvidia's strategy on mining. No-one is trolling but offering an opinion that may differ than yours.

[SuperGeil]

I said many posts ago that the mining market ****ed the gaming market - no problem there talking about that

But if you're here to talk about how btc and mining sucks as an investment or currency - guess what - enjoy your vacation because that's trolling since that's never been the point of this thread and you can go troll and be off topic somewhere else

I think trolling is being very loosely applied here. Would imply that people are intentionally griefing and hazing miners. What you have in this thread seems like a perfectly healthy discussion about mining and it's connection to graphics cards which is everyone's hobby here. In order to discuss such things, sometimes it is very relevant to talk about bears, bulls, bubbles, crashes, etc.

[curio]

No thread exists in a vacuum but it's not like you're talking about which power ratio your GPU should be at when mining or what hashrates you should be getting. Hell you don't even know the answer to those, which says a lot.

If you want to talk about crypto markets, then at least pretend that you're actually invested. Or else you're just here to troll those that are invested, which again, is against the rules since that's not the point of this thread.

If I'm wrong and you have something to actually contribute to the continuing knowledge of the crypto world since you are involved in it - then yes please, feel free to keep talking since that is the point of this thread.

[Nunz]

I've learned a lot in this thread, so I don't really see how anyone has been trolling. Differing opinions, and some knowledge being thrown around .. seems more useful than 90% of the threads/posts made on this forum anymore.

Or just ban me and do me a favor

[SuperGeil]

If you want to talk about crypto markets, then at least pretend that you're actually invested. Or else you're just here to troll those that are invested, which again, is against the rules since that's not the point of this thread.

This seems like any differing opinion from sort of standard set by you could be considered trolling.

[curio]

Trolling = to elicit an emotional response out of another user - the definition has never changed in the 20 years I've been here but feel free to voir-dire me as a moderator lol

I have a certain opinion about those who don't even participate in the subject matter yet are here every day telling others what they think. Hmm, now why would they do that? Gee, almost like they are 'trolling'.

Again, feel free to test me on this if you want, it's a committee decision and I'll gladly give my stance on this to the staff with my knowledge of the rules here and you can take your chances.

[SuperGeil]

Again, feel free to test me on this if you want, it's a committee decision and I'll gladly give my stance on this to the staff with my knowledge of the rules here and you can take your chances.

I'm not going to be baited to test you on anything. I disagree with your stance, nothing much else I can clearly do or say, so you win.

[curio]

It's not about winning, it's about following forum rules

This isn't the 'I officially hate mining thread' the last I checked

I guess moderators actually have no job here and rules don't matter amirite? You can just talk about anything you want here? Go off topic, troll other users - it don't matter.

Puh leeze - you agreed to the rules when you signed up here and if you don't like that - oh well.

[curio]

And again if you disagree, let's let the staff decide. Works for me.

Feel to explain how you're not actually off topic here and trolling. Good luck - they're not as nice as me.

[curio]

Literally the first post of this thread:

This thread is for posting about your mining hardware, hardware questions, money made/lost, software questions and any other mining related questions/ideas.

funny I'm trying to find the "I think mining is stupid and bitcoin sucks even though I've never done any of it' part of that. Care to point it out?

[SuperGeil]

I honestly don't think it would hurt for you to bring it up to your staff since you offered. So why not?

[curio]

Or just ban me and do me a favor

Hey I prefer you here - but I'm going to enforce the rules and ultimately, it's your choice to stay or not.

[curio]

I honestly don't think it would hurt for you to bring it up to your staff since you offered. So why not?

I see you're new here (but probably not really lol) so you know where the post report button is.

Again the first post of the thread explains what this thread topic is supposed to be about, so good luck with that.

[SuperGeil]

I have to report you for you to ask your staff to look at this thread?
I think it is about winning. But you know I think I'm ok with just leaving.

[curio]

I have to report you for you to ask your staff to look at this thread?

Post reporting is how this forum has operated for 20+ years now

I'd upgrade that if I could, but I can't - so it's what we're stuck with

I think it is about winning. But you know I think I'm ok with just leaving.

Oh darn

[Nunz]

Hey I prefer you here - but I'm going to enforce the rules and ultimately, it's your choice to stay or not.

Lol.. uh..

You were actually sharing some great information and threw some great points out, as well as Leprechaun, some that have changed my opinion a bit. This site is a dying relic, and a healthy discussion was being had, and you were a part of it. I thought the last page or so was very healthy and educational until you just flushed it down the toilet with the moderator threats.

But hey, this forum could do with a few less people.

Thanks for the info you shared on the last page, it was good stuff. I never thought about the electricity the government uses to print money and what the banks consume; it was a great counterpoint to the energy use that miners are consuming. Also really interesting reading about how the halving stuff is cyclical and intentional. I had no idea.

[curio]

Again, I'd prefer you here - but I can't stop you from leaving

And I wasn't talking about you being off topic in the first place with any of what you just said. That's all very much on topic, even your concerns about it. Just stick to this and you'll be fine:

This thread is for posting about your mining hardware, hardware questions, money made/lost, software questions and any other mining related questions/ideas.

If someone is talking about how it's a 'ponzi scheme' based on no evidence to back that much less personal experience, you're just trolling IMO. This is for people actually participating in crypto - whether they lost or won.

[curio]

Absolutely - 100% on topic and thanks for asking

[curio]

Look I could be overruled on this by committee - but what I see from guys like Bill is no plan of sticking to the original intentions of this thread which is described in the first post.

This thread is meant for people who mine, it's clear from the beginning. It was never intended for people who don't do it or how much you might hate it unless you actually lost money with it.

Doing otherwise is called trolling guys

[Nunz]

Wasn't bill the one who said ponzi scheme? Welcome to the graphics forum. Bill trolls us all every day

[curio]

lol that's true, he does

[curio]

Can only speak for my self but personally desire to read views on Nvidia's mining strategies moving forward. On how they can solve the gamer vs miner demand obstacle This forum has some outstanding members with differing views and sometimes go off topic.

Totally understandable and feel free to express your concerns and opinions about that. That's actually participating, not trolling people.

[Leprechaun]

I actually stopped posting in this thread since I was crucified for being a gamer turned gamer/miner.

I've also time and again keep getting blasted for exaggerating which I'm not. This is for the topic of new cards being @ MSRP. Sure the first week there were a few, and some got them. But an easy 99% of the world never even had a chance at these, and there was never enough quantity to supply the need. Most FE cards were sold in USA I assume? I just made the point that just because I got many 3000 series cards I could also turn around and say that all these new cards are widely available. I'm not an idiot, that would be disingenuous.

Also, yes mining takes up lots of electricity. I was always pissed about that. Then I realized this electricity is being wasted whether I'm the one doing it or not. I may as well get into the action. Everything we do takes up power, and lets be honest, how much of it is really worth it? Gaming, TV. Do we really need it?

Bitcoin is not some craze. I don't think it's going away or going to die. "ohh just wait until this cryptomining boom comes to an end like the last one". I think this time when it cools off, the floor will be much much higher. The thousands of meh altcoins might die off, but there's a lot of revolutionary tech and ideas to be explored. Health, voting, real estate, banking, uber/lyft are just a few of the sectors this could revolutionize. Western Union takes well over 100 years to establish itself, meanwhile it took just a few years to have technology which allows us to send funds to anyone, anywhere in an instant. (I don't want to get into the time we sent $$ by mail back to the old country decades ago and having it stolen at the post office)

Do you remember MPAA/RIAA? Everyone downloading movies, MP3s. Napster. MPAA/RIAA chose to just take everyone to court to get $$ instead of adapting. Remember Blockbuster with their blinders on, just looking ahead. They were huge. They had a chance to buy Netflix for cheap. Instead they laughed, and well....how did that go for Blockbuster. Adapt my friend, adapt. Banks are very worried now. They're forced to get in on the crypto action as well. If they sit around we won't need them. We'll be able to get loans, send $$, be our own bank, pay with everything through our PC/phone. Banks will be next to extinct. Governments are worried. Lose control of your currency you lose everything. That's all the government wants, CONTROL! I'm sure there will be many new laws and regulations, and of course the only thing I can guarantee you in life, TAXES. There's already a few countries adopting BTC as their reserve currency. (Obviously 3rd world countries where a barrel of their government's currency buys jack).

Bitcoin is the new gold. Digital gold that is. Someone notify the Dire Straits. We need a new song. Money through mining and our chicks..........

Anyways, do some reading on Dapps and smart contracts.

Bitcoin especially in February has skyrocketed in market cap. Passed $1 trillion just a few days ago. 1.05 trillion now. Gold has a market cap of about 10 trillion. Just watch as that slowly shifts to Bitcoin.

Anyways, to stop ranting and to get to my very point since the start of this thread. I'm trying to help the gamers out. If you have a card, at least start mining on that one card. If you don't want to mine for whatever reason, that's fine. Please do yourself a huge favor and read up on everything to do with crypto, block chain technology, smart contracts, Dapps, and whatever else you can find. It is the future. The banks, the governments, the establishment in general (which will influence the media) will try to fight it. They don't like it. Us peasants having more freedom, that's unacceptable.

I'm still a noob at all of this, but started to read daily. I've learned a lot. I have learned that I work to the bone day in day out, for scraps while rich BLEEEEEPPS sit on their arses collect billions in passive income. (and well there's the bribing politicians, stealing, killing, breaking laws, etc etc.) Seriously us old folk and especially gen Z, wake up!!!!!! I think Gen Z has a chance to be about the richest generation ever, as long as they have an open mind and get their heads out of their arses. The young crowd and 20somethings are the ones embracing all of this new tech the most. Get on this NOW and capitalize as best as you can. Get in early, get yourself some coin. Since my first post all I wanted to do was open people's eyes and help. If anything I shouldn't have ever been mad at miners in the past (2017/18), I should have been mad nobody opened my eyes. The money and opportunity is being thrown at you, and most gamers (especially on forums, YouTube, etc) are just crying "wah wah, nvidia should make me happy wah wah I want to game". This is your chance, this is your sign. You want to know the sad part? I game a lot less. If I game at night like I used to I'm missing out on coin/$$ Instead I just exercise even more.

Listen, I could rant on forever. You can playah hate, but hate the game instead. Even better, get in the game now before it's too late.

[KAC]

For me mining was really good fun. I got a kick out of building that 8 card mining rig. I also loved to watch bucks flow into my pocket. However, given the electricity cost and heat it became unsustainable. Also, tech has improved. I do believe rather than mining you can do more by doing smart trades. I didn't have money ready to buy BTC at lower prices but I am now waiting for the "back to 40K" move and then will definitely buy some coin. The current mining I am doing is really to pay off the cards themselves. My 3090 hasn't arrived and I am already worried about it due to the plethora of issues people are having with EVGA POS cards.

Oh well, you live and you learn. If I could do it all over again, I would've kept my 0.5 BTC that I mined in a year. But what can you do. I typically am too indecisive and late to the party on everything (think Netflix, Amazon, Zoom, Docusign, Moderna, Tesla etc. etc.). While I was thinking about getting those stocks people already made a killing on them since March. Same w/ BTC, I was set on buying 1 coin when it was about 15K in November but then something happened and I missed it.

Mining is great if cost/benefit suits you but my limited experience says play the market. If you have $10K or some such lying around buy some coin and forget about it for next 4 years when it is expected to be about $125K per BTC. Totally worth the boners. That's what I am going to do.

[curio]

:snipped:

:slowclap:

[caveman-jim]

anyone got any tips for XMRig on a 3990X?

[Leprechaun]

Damn, wish I had that many cores to mine Monero. I haven't bothered as I only have 12cores/24T.
All I could find is random internet searches for config files. Hope someone here knows

[SirBaron]

I have two fans coming for the bottom of. My case. To blow to the gpu. Hopefully helps with the T-junction mem temps which sit at about 102'c. I don't want the gpu fan to be 100% non stop.

I'd rather wear out 140mm case fans.

[Leprechaun]

My 3 rigs have cold air blowing on them they are fine. My gaming rig is the only one @home and in a case. Mem hits 102C on this 3090. I find it odd that we all hit 102C exactly. It also hardly fluctuates. Every few minutes will finally move to 101.8c or something. Kinda fishy.

A record $50 mined in the last 4 hrs. Crazy!

[bill dennison]

Again, I'd prefer you here - but I can't stop you from leaving

And I wasn't talking about you being off topic in the first place with any of what you just said. That's all very much on topic, even your concerns about it. Just stick to this and you'll be fine:

This thread is for posting about your mining hardware, hardware questions, money made/lost, software questions and any other mining related questions/ideas.

If someone is talking about how it's a 'ponzi scheme' based on no evidence to back that much less personal experience, you're just trolling IMO. This is for people actually participating in crypto - whether they lost or won.

it's out there and i didn't want to start anything

but a mod calling me a troll **** it
......

Paul Krugman

Nobel Prize Winner and Op-Ed Columnist for New York Times
http://www.krugmanonline.com/

Bitcoin is basically a Ponzi scheme

https://www.seattletimes.com/opinion...-ponzi-scheme/

Bitcoin is a pyramid scheme, economist says

“It’s a pyramid scheme,” LendingTree Chief Economist Tendayi Kapfidze tells Yahoo Finance. “You only make money based on people who enter after you.

“It has no real utility in the world. They’ve been trying to create a utility for it for ten years now. It’s a solution in search of a problem and it still hasn’t found a problem to solve.”

https://finance.yahoo.com/news/econo...204217615.html


.......
i'm out

[caveman-jim]

Damn, wish I had that many cores to mine Monero. I haven't bothered as I only have 12cores/24T.
All I could find is random internet searches for config files. Hope someone here knows

I had to configure XMRig to use 64T not 128T because it would crash after 2-3 hours. I think it's because I have 64GB of memory and not 128GB or more. Hashrate seems the same so that's good.

[SirBaron]

it's out there and i didn't want to start anything

but a mod calling me a troll **** it
......

Paul Krugman

Nobel Prize Winner and Op-Ed Columnist for New York Times
http://www.krugmanonline.com/




https://www.seattletimes.com/opinion...-ponzi-scheme/





https://finance.yahoo.com/news/econo...204217615.html


.......
i'm out

Oi, I'm a mod and I've been calling you a troll for years.

[yt]CM-9H5wjXm8[/yt]

[Leprechaun]

it's out there and i didn't want to start anything

but a mod calling me a troll **** it
......

Paul Krugman

Nobel Prize Winner and Op-Ed Columnist for New York Times
http://www.krugmanonline.com/




https://www.seattletimes.com/opinion...-ponzi-scheme/





https://finance.yahoo.com/news/econo...204217615.html


.......
i'm out

I mentioned before these people don't want it to succeed. It's not some ponzi scheme...all the billionaires, banks, hedge funds were putting BTC down. Now they're forced to have it as part of their investment portfolio...Now they are all acting like they came up with this, they're genius, etc

Sorry if I always type in short form. Typing on a phone sucks

[acroig]

Oi, I'm a mod and I've been calling you a troll for years.

[yt]CM-9H5wjXm8[/yt]

[curio]

it's out there and i didn't want to start anything
......

Paul Krugman

Nobel Prize Winner and Op-Ed Columnist for New York Times
http://www.krugmanonline.com/

https://www.seattletimes.com/opinion...-ponzi-scheme/

https://finance.yahoo.com/news/econo...204217615.html
.......

Nearly all equities fit that definition of 'ponzi scheme'

But that's all besides the point... the point is you keep going off topic and spreading FUD - which is not the point of this thread:

but a mod calling me a troll **** it

Mods are supposed to call out trolls, literally their job. Just because it's been a while since this place was actually moderated well doesn't give you the right to keep going off topic and ignoring the point of this thread. We have actual definitions of words and constantly taking this thread off topic & spreading FUD is trolling. You make it difficult for people who actually do participate in mining & crypto or maybe want be a part of it, and by doing so you stifle the discussion of what this thread is supposed to be about. In fact I'm tired of watching the lenience around here while many of you keep flaunting the rules and ignoring moderator warnings.

I even told you guys to start your own thread about why mining & bitcoin & crypto sucks - but no, you got to keep trying to troll people in this thread which is for users who actually participate in mining and crypto.

If/when you come back, try actually following the purpose of this thread described in the first post.

i'm out

Damn right you are

[Dave]

[KAC]

curio you are my hero.

[curio]

Thank you. Now I hope those of you that actually do this or want to do this can get back to staying on topic.

Like about how that bitcoin had a tough day - at one point $1.5 billion in overleveraged futures was sold off. I think that's going to be a new norm - big bitcoin management funds that liquidate tons of cyrpto all at once.

[Riptide]

Everything we do takes up power, and lets be honest, how much of it is really worth it? Gaming, TV. Do we really need it?

There is precious little we actually need to survive and if some people had their way we'd be back to spending winters holed up in a teepee to avoid use of resources.

Gold has a market cap of about 10 trillion. Just watch as that slowly shifts to Bitcoin.

The interesting thing to me is that bitcoin has some disadvantages. Disadvantages that other alt-coins address. Yet it continues to maintain supremacy in the market, at least in part because it was the first. It will be interesting to see what happens in the next 10-20 years.

Damn, wish I had that many cores to mine Monero. I haven't bothered as I only have 12cores/24T.
All I could find is random internet searches for config files. Hope someone here knows

I CPU mine XMR on monero ocean. I also mine ETH and am paid in XMR there as well.
https://moneroocean.stream/

They have a version of xmrig that switches algos and has no dev fee. I highly recommend you look into this.
https://moneroocean.blogspot.com

There is a discord server as well.
https://discord.gg/ek3qCV8U

anyone got any tips for XMRig on a 3990X?

See above sir.

[KAC]

Is CPU mining even worth it? For a 5900X?