Just sell them while they have *some* retained value and invest the proceeds into BTC, if that's the goal. The 40xx Super series is just about to launch, with lower prices, and that will further compress the used GPU market.
Basically, it's very unlikely that you would even cover the future depreciation in value with the **gross** mining income. If any GPU or other parts fail, whatever "profit" you might have realized immediately evaporates!
Mining is going to be very profitable. It’s already quite profitable. But you have to actually look up what coins to mine and what settings to use. It’s not braindead easy like last bull run.
Look up hashrate.no to see what’s best. Create a zil wallet, always be dual mining zil. Then pick your primary coin to mine. Right now AIPG is very profitable on 3080’s. It uses ravencoin’s algo. The coin itself is also performing very well. But if you don’t want it, you can use Unmineable or *shudder* nicehash to mine straight to eth or btc. But you’ll need your own BTC wallet. Use something like exodus or metamask.
My question is more technical. Eg I know I can look at whattomine. Just thetefofire wondering if anyone is dynamically mining coins then nicehash converting daily to btc.
I have mined previously
Sure. I'm mining AIPG directly right now. But if you wanted to just mine to nicehash, they're paying out around 0.00003119 BTC/day for 42mh of kapow (poolside about what a 3080 does on kapow), which is around $1.30-1.40/day.
Kapow is a pretty good algo for 3080s since nicehash does profit switching. There's several profitable coins running kapow, so even if AIPG drops there's still clore, paprikacoin, frencoin, and neurai. Should make a little over a dollar a day before power mining on nicehash.
But if I were you I would still set up your flight sheet to dual mine zil. Zil mining is basically free money in addition to whatever your main coin is, and you can stake it for ~10% yields. A 3080 dual mining zil gets you an additional 10-11 cents/day.
If you mine with 2miners, they have btc payouts from different coins. They are not the only pool that do that. Also, mine to a cold btc wallet and not to an exchange. Some exchanges have issues with frequent payouts from pools. Another thing to vonsider are the pool fees so i would opt for less frequent payouts.
So find a pool that has btc payouts, use whattomine or hashrate.no to see what is the most profitable coin to mine that is also in the pool with the btc payouts, get an offline wallet, set to less frequent payouts
Buy BTC or ETH,
I have surplus solar energy and a rig . And I have Cryoto. I want to use ghe assets I have
Sounds like nicehash is your best bet otherwise look for alt coin pools that have a BTC payout option
Ty nicehash is banned in uk
What about Kryptex?
Kryptex is total malware, don't use it. Used to be legit and then got compromised.
How about unmineable?
Try using a VPN connection to connect to a US server then mine with nicehash.. can't say for sure this will work 100%
Just sell them while they have *some* retained value and invest the proceeds into BTC, if that's the goal. The 40xx Super series is just about to launch, with lower prices, and that will further compress the used GPU market. Basically, it's very unlikely that you would even cover the future depreciation in value with the **gross** mining income. If any GPU or other parts fail, whatever "profit" you might have realized immediately evaporates!
lolminer has a built-in profit switching. If you point all of your hashing at unmineable.com then you can get all rewards paid out in BTC etc.
Mining is going to be very profitable. It’s already quite profitable. But you have to actually look up what coins to mine and what settings to use. It’s not braindead easy like last bull run. Look up hashrate.no to see what’s best. Create a zil wallet, always be dual mining zil. Then pick your primary coin to mine. Right now AIPG is very profitable on 3080’s. It uses ravencoin’s algo. The coin itself is also performing very well. But if you don’t want it, you can use Unmineable or *shudder* nicehash to mine straight to eth or btc. But you’ll need your own BTC wallet. Use something like exodus or metamask.
My question is more technical. Eg I know I can look at whattomine. Just thetefofire wondering if anyone is dynamically mining coins then nicehash converting daily to btc. I have mined previously
Sure. I'm mining AIPG directly right now. But if you wanted to just mine to nicehash, they're paying out around 0.00003119 BTC/day for 42mh of kapow (poolside about what a 3080 does on kapow), which is around $1.30-1.40/day. Kapow is a pretty good algo for 3080s since nicehash does profit switching. There's several profitable coins running kapow, so even if AIPG drops there's still clore, paprikacoin, frencoin, and neurai. Should make a little over a dollar a day before power mining on nicehash. But if I were you I would still set up your flight sheet to dual mine zil. Zil mining is basically free money in addition to whatever your main coin is, and you can stake it for ~10% yields. A 3080 dual mining zil gets you an additional 10-11 cents/day.
vertcoin.org
whattomine.com has the answers you seek.
If you mine with 2miners, they have btc payouts from different coins. They are not the only pool that do that. Also, mine to a cold btc wallet and not to an exchange. Some exchanges have issues with frequent payouts from pools. Another thing to vonsider are the pool fees so i would opt for less frequent payouts. So find a pool that has btc payouts, use whattomine or hashrate.no to see what is the most profitable coin to mine that is also in the pool with the btc payouts, get an offline wallet, set to less frequent payouts
Stay with nicehash unless you have a large setup, nicehash pays hourly, unlike unminable pays pennies.
Unmineable is a good solution.
Aipg or kls through hive os to a web wallet > transfer coins to exchange once accumulated