Cryptocurrency Mining

You need a room separate to your house for ASICS. They are NOISY. Like hairdryers. Plenty vids on YT.
And agree 100% - dont part with cash for mining that you arent willing to lose.
 
Nicehash should have gone up as well but not seeing much change. Hope decrease in difficulty pushes up price of Eth
 
Damac10 said:
Nicehash should have gone up as well but not seeing much change. Hope decrease in difficulty pushes up price of Eth
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Difficultly slowly dropping now, through it it would be a instant drop, so have to see what happens the next few hours.
 
Advantages of trading Bitcoin USD, pic from my Mentor

d91f7ed4fa5390e14ff45ba6908cbfa2.jpg
 
Gtx Gaming said:
Difficultly slowly dropping now, through it it would be a instant drop, so have to see what happens the next few hours.
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Yes. I expect so. I am hoping the difficulty drop will help spur ETH price. Would be nice to see 25 percent increase in profits. Would put figures back at four weeks ago which was more sustainable
 
Damn well hope so...I still feel NH is doing something dodgy....

BTC goes up 20%, ALTs drop 5%, mining earnings drop 10%....
BTC drops 10%, ALTs drop 20%, mining earnings drop 30%...

Since June....with BTC 50% up, my mining earnings has halved!
 
Tjoker said:
Damn well hope so...I still feel NH is doing something dodgy....

BTC goes up 20%, ALTs drop 5%, mining earnings drop 10%....
BTC drops 10%, ALTs drop 20%, mining earnings drop 30%...

Since June....with BTC 50% up, my mining earnings has halved!
Click to expand...

You don’t understand how nicehash works. It has buggerol to do with how much btc is worth, or eth or whatever you mine on nicehash. What counts is how much is the buyer paying for you to mine. Nothing more
 
3lOH55A said:
You don’t understand how nicehash works. It has buggerol to do with how much btc is worth, or eth or whatever you mine on nicehash. What counts is how much is the buyer paying for you to mine. Nothing more
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^^^
This is where I suspect a bit of manipulation is happening...at the current rates, per algorythm, its cheaper to mine via NH, than to have your own mining rig, look after it, pay for electricity etc..which is the reverse of their intended model isn't it?!
 
Tjoker said:
^^^
This is where I suspect a bit of manipulation is happening...at the current rates, per algorythm, its cheaper to mine via NH, than to have your own mining rig, look after it, pay for electricity etc..which is the reverse of their intended model isn't it?!
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So you by back your own hashing power to mine... rinse and repeat.

trollscience.jpg
 
3lOH55A said:
You don’t understand how nicehash works. It has buggerol to do with how much btc is worth, or eth or whatever you mine on nicehash. What counts is how much is the buyer paying for you to mine. Nothing more
Click to expand...

correct.
 
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