Official Mining Thread

[Nunz]

+500 is 10000Mhz as the stock is 9500. When I open the NHQM, it goes down to 9700. I'll up it to +800 to get 10000. Definitely isn't throttling or anything as my temps are fine, but it's something weird I noticed.

[KAC]

NH might be setting clocks if you have allowed it to do so. Either way as I said before don’t push the memory so hard. 200-500 MHz is not worth it. If I add +500 my junction temps go to 108C vs 104C so unless I get my new pads I am not clocking the memory.

On my 3070 I clocked memory to +350 to net me 2-3 MH/s extra. Overall a very good week. Started at 300 bones and finished at 480. Can’t complain.

[Nunz]

I don't have any issues with Tjunction. I get 94c max at +800.

[SirBaron]

I have +1000 memory and Tjunction is 86'c.

[curio]

https://wccftech.com/nvidia-geforce-...-rigs-spotted/

submerged in mineral oil

vert der ferk

[acroig]

Smell like french fries later?

[Dave]

Smell like french fries later?

freedom fries.

[KAC]

Thinking about boning some 3070s and doing a rig again.

[acroig]

freedom fries.

Right, my bad.

[Leprechaun]

Thinking about boning some 3070s and doing a rig again.

Do it! Just keep ROI in mind. July might be the end of this gravy train and if all that hash power goes into other lesser profitable coins....well... We won't be making as much $$$.
If per chance eth price goes way up then mining less and still making good $$ cuz of eth price might be ok

[Leprechaun]

Nvidia’s new beta driver unlocks RTX 3060 Ethereum cryptocurrency mining.
https://www.theverge.com/2021/3/15/2...urrency-mining

[KAC]

What’s a good purchase point to buy some coin? 55K, 50K, 45K?

[Leprechaun]

I get the feeling when peeps get their stimulus cheques and invest, the cryptos will tank.. And billionaires will find a way to steal all the money on the dip.
Sometime after I think it will go back up.
If there's one thing I know, it's that billionaires gonna billionaire, and will find a way to steal money off the poor. Believe it.

Also, the 3060 12GB only works on 1 card in a system. no risers, and the card must be in the 1st PCIEx16 slot. So the beta driver only unlocks 1 card.

[Riptide]

Thanks for the heads up. Just nuked Phoenix Miner.

Issue was completely overblown and possibly a scam by nicehash to push their miner. Go read the thread on bitcointalk if you want more info, the phoenixminer devs commented in there.

I've since switched over to team red anyway because it is the best client for AMD hardware. Nothing wrong with the firebird though.

From my understanding, if you hold for over a year before you sell you are only subject to either a 0%, 15%, or 20% capital gains tax depending on your filing status and income bracket.

I've been using bitcoin.tax to help track things. The one you linked may be better though, not sure. And yah, long term gains on assets held over a year.

There are 2 important rules in life:
1. Never wake a sleeping baby
2. Never disrupt a mining GPU

Hahah very true. One thing I've found with GPU mining in general is that it's best to resist fooling around with settings unless you're going to be near the machine for several hours, over weekends and such. I've made changes, left for work, and had it go down 20 minutes later. Very annoying lol

[curio]

Issue was completely overblown and possibly a scam by nicehash to push their miner.

The download source changing from github to some weird site made me nuke it, but I wouldn't put it passed NH to pull that crap either

I've been using bitcoin.tax to help track things. The one you linked may be better though, not sure. And yah, long term gains on assets held over a year.

Nice I'll check them out, I'd like to compare them to cointracker

[Leprechaun]

The Phoenix miner thing was probably nicehash starting something over nothing. They most likely just want to push their inhouse Excavator miner.
I have been using the T-Rex miner for the last month. All cards but 2 have been rock solid uptime for a whole month. I get better overclocks, more stable overclocks, and a more stable hashrate. Also, after a long uptime with Phoenix miner or Excavator it would somehow run out of memory and virtual memory and fudge up and require a reboot. (This was on mining rigs with crappy hardware).

Apparently nicehash had 3% of the entire world eth mining hashrate. Then Linus did a video on LTT where nicehash sponsored it, and he talked about nicehash. A few days later nicehash has 8% of all the eth hashing power in the world

[KAC]

Milestone 1 achieved. 535 bucks made. Means my 5900X upgrade is now cost neutral compared to the 8086K I had.
Next milestone is $770 for the 3090 upgrade from 2080.

[Leprechaun]

Milestone 1 achieved. 535 bucks made. Means my 5900X upgrade is now cost neutral compared to the 8086K I had.
Next milestone is $770 for the 3090 upgrade from 2080.

That's a good way to look at it. It's paying for your hardware.
I've been raking in $865-1170 $CAD per week.
I'm 3 weeks out from a full ROI.

[A2597]

So, I'm crazy late to the party, but since I have a 3070, started mining (nicehash, since I'm lazy and dunno how long I plan to mine for).

Card is nice and cool at ~56*, and up to 13.74Eur mined since Tuesday evening, minus gametime. Not bad...

[SirBaron]

HWINFO64 and Memory Junction temps is the one you want to watch, unless that is the memory temps .

However since it's a 3070 it's not using GDDR6X so it shouldn't get anywhere near as hot anyway.

[Leprechaun]

My 3060ti and the 3070s don't get hot. You're not late to the party. PoS won't be in full force until 2022 sometime, so make some money. The problem is everyone and their grandma has a GPU and is mining...stealing profits from each other.

[KAC]

Slept. Woke up and now peanuts are worth 484 bucks. That means between last week and this one I have already added 184$ (Current prices). Even without the hike at 45K (base case) it is over 120$ in a week. That’s pretty cool. I remember running 8 1080 Tis and adding about 24$ a day so getting 17-18$ is not bad.

Not that strong a week. Only made till $570. Might be due to all the repasting of the card and also more gaming time. Plus doesn’t help that BTC weakened.

However, the target to hit $600 by end of March still seems achievable.

[Leprechaun]

The weekend sucked. Less transactions. $873 for the week.

[SirBaron]

Once EIP-1559 hits in July the general consensus is that we're going to be making pennies.

[jimjobob]

Should I bother with my pc when not in use?

[SirBaron]

Should I bother with my pc when not in use?

Depends how much electric costs for you, but you should make about 60 a week USD minimum.

[acroig]

https://www.tomshardware.com/news/nv...reum-hash-rate

[KAC]

210. Holy fark.

[acroig]

210. Holy fark.

"The retail price for the A100 in its PCIe format is well over $10,000. According to the I_Leak_VN, the 220HX could land around the $3,000 range."

If you can find it for that price, of course.

[jimjobob]

Depends how much electric costs for you, but you should make about 60 a week USD minimum.

9.2 cents per kWh for the first 700kwh

8.2 cents per kWh for 701-1000

7.7 cents for kWh 1001+

80+ gold PSU.

Do you all leave settings the same for gaming and mining or change them?

[KAC]

Well **** that then lol.

[Leprechaun]

9.2 cents per kWh for the first 700kwh

8.2 cents per kWh for 701-1000

7.7 cents for kWh 1001+

80+ gold PSU.

Do you all leave settings the same for gaming and mining or change them?

I missed it. Which GPU you have? I have default clocks for gaming and for mining diff settings for core, power limit, mem

[jimjobob]

I missed it. Which GPU you have? I have default clocks for gaming and for mining diff settings for core, power limit, mem

My specs are accurate. 3080 GX Trio

[Leprechaun]

My specs are accurate. 3080 GX Trio

In afterburner start with 80% power limit. -300 core. +1100 mem.

I have mine at 80%. -502 core. +1200.. 97.5 MH/s.

If you want to be safe just put the mem clock lower +800. Less heat on VRAM. I find for every +100 on mem I gain 1mh/s

[Leprechaun]

Hmmm I have a guy who can get me 3080s for $900 cad... Directly from distributor..wondering if it's worth it still. Proof of Stake won't be actually live until Jan 2022 at the earliest I've heard even after it's pushed through, so profitability should be sweet until early next year

[SirBaron]

What about EIP 1559 or whatever its called that's been confirmed for July.

[Leprechaun]

What about EIP 1559 or whatever its called that's been confirmed for July.

That's the part that confuses me as well. EIP 1559 is going down for sure, around July.
Something something something by the time it's actually implemented and working we won't have a cut in profits until ~Jan 2022. (Very roughly).
This all depends on how fast they get to working to actually get it going, assuming prices of ETH, etc stay high.

It's all confusing. I just usually tune in to groups of huge mining farm guys who talk about this stuff.

[KAC]

Time to buy some coin?

[Leprechaun]

Time to buy some coin?

Always will keep going up long term. Buy on the dip, then buy on the dips dip.

Hmmm Four 3060ti incoming at $680 $CAD a pop

[Riptide]

It's a little unclear at this point what the scope of the July impact will be. An increase in eth value could wholly or partially offset this. Or alternately it might completely tank by then and nobody will even care since they will have shut down.

Regardless, it is near impossible to source GPUs now without a connection. I was watching brobot discord last night, one of the faster ones, and over a dozen newegg notifications hit. I clicked on most of these ATC links in less than 5 seconds. Every single one is out of stock and it was impossible to get anything even if I'd been seriously trying.

Bots have completely overrun newegg now, there is no way human buyers could've run the stock out in less than 5 seconds flat.

And as an aside, I have a couple 5600xt on the way I wanted to finish my 5gpu rig out with. Fedex dropping the ball right now big time, pretty much in the middle of a full-on meltdown. I'm seeing complaints all over the place where things are getting caught up like mine, stuck in north salt lake for example for days with no scans and they're already late missing the original delivery date. I would avoid fedex right now, they seem to be having a system wide problem.