Crypto mining

[upwindwiz]

lol. no you don't. at least not one of sizable considerance. anyone with larger mining operations that actually are "big" don't want everyone knowing that. i used to work as a massive cryptocurrency farm. ~1.5TH/s mining Ethereum. it's not something you advertise, idiot. not trying to shoot you down here, but don't falsely advertise what you have. it's one thing if you have a smaller home operation, or a large home operation, but youre implying you have a massive op going on.

if you do, nice! i don't know why you'd advertise that, but feel free to post pictures if you actually do. always nice to see that sort of stuff. otherwise, i recommend rephrasing this.



for anyone wanting to get into mining right now, it's not a good idea. prices are too high for the operation to be reasonably profitable, and those who have been in the game for awhile understand the game. miners previously were mining at a loss - now they get their gains.

i just don't recommend users to get into mining right now. it's not worth it. wait until the next bust, then buy up the hardware if you want. otherwise, be prepared to pay astronomical prices for hardware. myself included.

I'd personally say 1.3G mhs is quite large. I'm attached to a farm in a town over that runs a 500k facility and uses their farm to sell space for other people, so advertising is actually quite good for us. I just started up back in January "officially" after picking up 15 3080s from my vendor lol. I'd consider us quite large, obviously were not pulling 1TH but anything over a G is large in my eyes.

 

[Krillin]

Not really feasible for me where electricity costs are high, but if you live in a country with lower electricity costs and have a decent amount of capital to spare, sure why not. Although I should warn you that ethereum will be moving to a proof of stake instead of proof of work, so mining that won’t last. But if you’re interested in Bitcoin then yeah go for it, I’ve heard it’s very profitable.

 

[Nergon]

I think it depends on what you want to mine. With small coins it could actually work but starting mining bitcoin today is not worth it i think. It's to expensive.

 

[Spicer]

I'd say wait till ASIC miners hit market again, getting GPUs is pretty hard and expensive right now

 

[ProxiesGG]

not really worth where i live.