Official Mining Thread

[bill dennison]

Nigel, I warn you that Curio monitors this forum and he's not as "understanding" as I am.

the emperor is coming here



of course, Darth We shall double our efforts

[acroig]

I will cease and desist in this section of the forum .

You know, just in case.

[acroig]

the emperor is coming here



of course, Darth We shall double our efforts

Ya, he's not as forgiving as I am....

[curio]

Darth curio says create another thread for topics about why mining sucks

This thread be for users who are mining and their collective tears

[acroig]

Ok, you heard the man, no bitching about mining in the mining thread.

[KAC]

So we miners can’t bitch about profits going down? Dafuq?

[acroig]

So we miners can’t bitch about profits going down? Dafuq?

Yes you can. Curio does not want non miners bitching about miners getting vid cards and such.

[curio]

Yes you can. Curio does not want non miners bitching about miners getting vid cards and such.

[Leprechaun]

We love Nigel. He'll be back in a few years to ask us how NFTs work for his play2earn game.

Profitability will go back up eventually KAC. Just a question of how long this bear trend lasts. This is the best time to buy everything cheap. It's where I made all my money last downturn in the summer.

[badsykes]

@ summer ibiza party // Eth 2.0 q2 2022 ....

[Leprechaun]

UBIsoft going balls deep into crypto. Running a node on the HBAR ecosystem and joining the Governing council.
They're also invested into Ultra ($UOS) with AMD.
Ultra hoping to become the Steam of the cryptoverse.
Everything still in its infancy.

So far all the play2earn games are crap and made by blockchain peeps just looking to show off some tech. What we need is a real gaming studio to do a game. EA and UBIsoft rumoured to already be working on one

[KAC]

Earn rate improved a bit. Wish more people exit so I can have more payouts.

[Riptide]

Earn rate improved a bit. Wish more people exit so I can have more payouts.

It's cyclical. Happens every time there is a gold rush in the space. Same thing happened in 2018 with profitability headed downhill after network difficulty spiked.

The difference this time is that ETH won't be around to mine after June regardless of what else happens. That ship is leaving the harbor for good.

The time to mine was after the price of ETH tanked at end of 2018 and difficulty dropped off. Mining steadily since that point in time to now would have been by far the best course of action.

My crystal ball broke so I had a derp and failed.

[KAC]

Same. I decommissioned my rig in 2018. I have my cards up for sale. If someone buys then great. Otherwise will end up selling for peanuts. Cost is recovered.

I also think there might be ravencoin or something else like flux that starts paying up decently after ETH is done. Everyone is complaining about gas fees on ETH so there has got to be something else on the horizon.

[Riptide]

I'm going to keep after it until the very last block. Then at that point shut down at least one rig and mothball it while I figure out if I want to sell the parts or wait and see what happens over the next couple months.

I am probably going to keep one rig operational even at a loss. Because you know, hobby..

I'm not an expert on ETH but from what little I've read it is sharding that should help cut down on gas fees. They really aren't that big of a problem if you're transferring enough at a time but small amounts are very costly.

[KAC]

Yeah in no hurry to sell buy if I can make $100 extra right now on the cards might as well.

[Leprechaun]

If they do switch from PoW in June will have to see how many miners drop off. There's still dozens of coins to mine. Ergo flux ravencoin etc.

I'll for sure keep at it while it's profitable.

[badsykes]

It's cyclical. Happens every time there is a gold rush in the space. Same thing happened in 2018 with profitability headed downhill after network difficulty spiked.

The difference this time is that ETH won't be around to mine after June regardless of what else happens. That ship is leaving the harbor for good.

The time to mine was after the price of ETH tanked at end of 2018 and difficulty dropped off. Mining steadily since that point in time to now would have been by far the best course of action.

My crystal ball broke so I had a derp and failed.

Seems more coins go proof of stake

[yt]qQUlQufo7to[/yt]

[Riptide]

Dogecoin is a joke but yes they are supposedly going POS.

[badsykes]

Dogecoin is a joke but yes they are supposedly going POS.

In the video it says that except one coin the rest is going POS.

[Leprechaun]

Canada just made a perfect case for Bitcoin.

Anyone get into the RNDR beta? I missed it. Would want to see how the mining revenue is

[Riptide]

Just looked at the website for RNDR. Seems like a potential use case for idle GPUs at some point down the road and especially after POW mining gets pushed off a cliff.

Question is would the supply of idle GPUs be in excess of the demand for RNDR effectively causing the same issue we face when ETH is done. Not enough demand, low pricing, and basic lack of profitability at current electricity prices.

[Leprechaun]

For now I'm sure it would be way to much GPU power. Eventually if they do render the metaverse as they hope, it might all be needed. That's way too far off and who knows by then. I know RNDR has been used to render some Disney stuff or something

[Riptide]

Not possible to get involved with it at this point. I saw someone on reddit had tried to contact them and never even got a response back.

Something to keep your eye on but I wouldn't put any eggs in that basket right now.

[Leprechaun]

Any of you guys buy the dip?

[KAC]

Not me. I am mining though. Still doing Ok.

[Riptide]

Getting a 3090 to play around with on my main desktop so will be a little bump in hash rate over my 6900 card. I kind of have egg on my face now since I did basically swear off Nvidia but I want to run some tests and newegg had a combo where I was able to get one at retail and with a 1600w gold psu too. Couldn't resist.

[KAC]

Getting a 3090 to play around with on my main desktop so will be a little bump in hash rate over my 6900 card. I kind of have egg on my face now since I did basically swear off Nvidia but I want to run some tests and newegg had a combo where I was able to get one at retail and with a 1600w gold psu too. Couldn't resist.

That’s not a little bump. It’s almost double hash rate.

[Riptide]

Installed a 3090 FTW3 and upgraded my case cooling a notch.

I also added a 120mm noctua that sits literally right on the backplate of the GPU over the memory and chip.

With 72 degree fahrenheit ambient I'm getting 80-82c memory junction temps in t-rex. Mind you, that is with the card at 74% power and heavily downclocked on RAM. 94 MH.

I will try pushing the memory up a bit once I have some time to play around with it.

[KAC]

I run mine at 104 C memory junction for 1.5 years now. Should be fine. Keep pushing the Gs.

[Leprechaun]

I have two 3090 EVGA ftw3 gaming whatchumacallits +1100 on memory mining for about a year and a half as well.
One 3080 of the same as well...All still work.

I had to move one to another machine as I later found out the PSU was keeping it back and making it crash. Unsure why.

For the record I find the 3090 Asus rog Strix to be the best at mining.. Both of those cards do +1200 mem for like 15 months never crashed.. temps stay lower than the evgas I have.

[Riptide]

I have it at +1300 memory right now, 74% power, and have the core speeds at 0. This is based on internet searching for settings. Result is 122.6 MH and memory junction temps of 90c.

The junction temps are 'cool' for a couple reasons. The house is kept cooler during winter months. It will be warmer in the summer and will push well into the 90s.

The 120mm noctua that I have literally sitting on the backplate is also helping to cut temps by a few degrees. I have a heatsink that I would like to apply as well however that may not work out due to clearance issues with interference coming in from the CPU cooler directly above it.

Since temps are not a concern right now and 90c is not bad I may leave it alone however in the summer if things get bad then I may consider moving the card down to the lower PCI-E x16 slot and see if I can get the heat sink applied with it in that location. I have a thermal pad for it too.

[Leprechaun]

I have a bunch of cards in a server room so it has 24/7 AC
.. I have a Gigabyte 3090 eagle. Gigabyte is the worst ever. It hits the 110C in the hottest summer days and will throttle 122 to 114mh/s up and down. With that POS you have to put your own thermal pads. Either way running like that still fine almost 1.5.yrs later. Has paid for itself a few times over.

90C is child's play. It's rated for like 110C before throttling

[Riptide]

Yah I'm not real concerned about low 90s temps on the memory though it still seems warm to me.

My backup plan, since I want to avoid the thermal pad swap, is to move the card down to the lower PCIE16x slot which will give plenty of room for the heat sink and thermal pad install.

The issue however is the motherboard may be limited to 4x in that slot. For a dedicated miner that would be fine. Not for a dual use scenario though. I'm still trying to figure out if this TUF X570 will run the lower slot in 4x or 8x with a single GPU installed.

Manual is not clear.

[Leprechaun]

I also don't know. Doesn't it also depend on how many nvme drives are taking up PCIe lanes?

[Riptide]

I guess on the cheaper X570 boards the bottom PCIE "X16" slot is run through the chipset and limited to x4. Kind of dumb to label it as an X16 slot but I guess that must be a form factor kind of deal.

Anyhow, that is pushing it so I won't be moving the card down there. I can still experiment a little bit with the system running with the card in the top slot and set the heatsink on the backplate. Then see how far I can push the fan back before it hits interference.

It may still be worth applying even if it only cuts off another couple degrees.

EDIT:
Nope not gonna fit. No way no how. Heatsink will fit OK but the fan doesn't push back very far before it runs into interference. Would need to upgrade the motherboard for one that has dual 8x capability before I'd be willing to move the GPU down a slot. At $250+ and the hassle, definitely not going that route unless temps really start to become a issue this summer. That is if the merge doesn't nullify the whole problem anyway.

[Leprechaun]

I don't see a merge any time soon.
I didn't even bother with pads on the eagle 3090. I just stuck it beside the AC so it gets closer to the cool air. Keeps the memory at a chill ~100C or so. I suppose I could boil water.

I swear my cheap x570 has x16 on the first PCIe and x8 on second. There's that bifurcation option I think it makes both x8?

[KAC]

Earn rate is further down.
Seems people are still pumping the MH. Will try to sell out soon.

[Riptide]

I swear my cheap x570 has x16 on the first PCIe and x8 on second. There's that bifurcation option I think it makes both x8?

That would've been worth a try and I do see the option in the BIOS. Unfortunately I have already returned the heat sink and thermal pad. I ordered one of these:
https://smile.amazon.com/dp/B09MRZXJ...roduct_details
And also some upgraded pads to use:
https://smile.amazon.com/dp/B09N7HXD...roduct_details

This should fit and allow me to continue using the top slot at 16x.

[Leprechaun]

So I guess we're mining eth til June. Wonder how the Hashpower will spread out then