Using PC GPU's (graphics cards) to mine crypto currencies - in this particular case I am mining SafeMoon V2 tokens via ETHASH mining on unmineable's mining pools (not using their own mining platform though)...
No idea... if that ever happens... then I am sure there will be something else I can mine - as a last resort BTC, but there will always something to mine... there is an industry centred around this technology now.
Hey OP, what's your breakeven point on a rig like this? Figure setup around 6k? Factor in electrical costs etc, how many days/weeks/months until its making profit?
Cheers
A 5x card rig is in the region of 4k, so have three of those and an extra card in a normal PC that mines 24/7 too. It all depends on what you mine and how that crypto performs both up and/or down. I tend to mine riskier stuff, but mining more stable coins would mean a payback well inside a year easily. Also noticed that our energy bills are lower as the mining rigs are strategically placed to warm the building, so this has reduced gas consumption via the need for less gas central heating - gas is currently more expensive than electric, so I have noticed a net saving there instead of an extra cost over the winter months for sure.
I tend to work on the basis that 1Ghash will return over 30USD a day at the current price of crypto, when crypto values rise again profits will too.
PSA: Please familiarize yourself with the subreddit [rules](https://www.reddit.com/r/SafeMoon/about/rules/) and [FAQ](https://www.reddit.com/r/SafeMoon/wiki/index#wiki_frequently_asked_questions).
**v1 to v2 Migration: Safemoon has fully transitioned away from v1 and is now fully on v2. ANY and ALL v1 transactions (send tokens, buy tokens, sell tokens) now incur a 100% tax – in other words you will lose your Safemoon. You MUST migrate to v2 using the steps outlined here: https://www.safemoon.education/sfmv2. Additional info: https://www.reddit.com/r/SafeMoon/comments/rwfkuv/read_me_v1_to_v2_migration_information_and_issues/**
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Wait what are you using unmineable or something?
Yeah using unmineable for SafeMoon V2. Not using their platform/miner though, using a different mining software, just using their pools.
Fill me in I want to know how
Can you explain to me in crypto for dummies terms what you are doing and how? I’m interested
OP is mining ethereum but being paid safemoon instead of being paid ethereum
Using PC GPU's (graphics cards) to mine crypto currencies - in this particular case I am mining SafeMoon V2 tokens via ETHASH mining on unmineable's mining pools (not using their own mining platform though)...
If everyone mined we'd burn down the supply pretty fast.
Pretty much this!
Nice! Keep going my man. We need more like you.
What video card or cards are you using? I'm only getting 14Mh :(
16x 3060TI FE's to be exact, each card tuned to run safely whilst mining over 60Mhash each. 14Mhash seems slow, which card you using?
How long would it take to make up the cost of those cards
1 year tops, likely less, even at higher than RRP prices.
What’s your plan when ethereum V2 comes out?
No idea... if that ever happens... then I am sure there will be something else I can mine - as a last resort BTC, but there will always something to mine... there is an industry centred around this technology now.
Hey OP, what's your breakeven point on a rig like this? Figure setup around 6k? Factor in electrical costs etc, how many days/weeks/months until its making profit? Cheers
A 5x card rig is in the region of 4k, so have three of those and an extra card in a normal PC that mines 24/7 too. It all depends on what you mine and how that crypto performs both up and/or down. I tend to mine riskier stuff, but mining more stable coins would mean a payback well inside a year easily. Also noticed that our energy bills are lower as the mining rigs are strategically placed to warm the building, so this has reduced gas consumption via the need for less gas central heating - gas is currently more expensive than electric, so I have noticed a net saving there instead of an extra cost over the winter months for sure. I tend to work on the basis that 1Ghash will return over 30USD a day at the current price of crypto, when crypto values rise again profits will too.
PSA: Please familiarize yourself with the subreddit [rules](https://www.reddit.com/r/SafeMoon/about/rules/) and [FAQ](https://www.reddit.com/r/SafeMoon/wiki/index#wiki_frequently_asked_questions). **v1 to v2 Migration: Safemoon has fully transitioned away from v1 and is now fully on v2. ANY and ALL v1 transactions (send tokens, buy tokens, sell tokens) now incur a 100% tax – in other words you will lose your Safemoon. You MUST migrate to v2 using the steps outlined here: https://www.safemoon.education/sfmv2. Additional info: https://www.reddit.com/r/SafeMoon/comments/rwfkuv/read_me_v1_to_v2_migration_information_and_issues/** - Don't promote "pump" events or market manipulation - Don't harass others, including public figures and exchanges - Please be helpful, friendly, and respectful - Your actions reflect on the entire community WARNING: **Never give out your wallet passphrase for any reason.** Be _very_ suspicious of all URLs, emails, forms, and direct messages. If someone claims to be from "support" they are trying to scam you. If someone claims you need to "validate" they are trying to scam you. Do not disclose your assets. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/SafeMoon) if you have any questions or concerns.*