I am paying roughly 15 cents CAD per kWh right now. I have not yet figured out what I can do in a commercial setting.Is mining done in residential or commercial places? What's the cost of residential or commercial electricity cost per kWh?
Interesting thread - thank you.Commercial would be just 0,275€/kWh . Lol
Are you mining Ravencoin because your setups are highly efficient doing it? Or, because you think it has great long term value potential?I just went out and got a pretty good haul.
8x Zotac 3060
2x Zotac 3060ti
2x EVGA 3060ti
I won't be able to hook them all up yet due to a lack of power and motherboards, but I can get a lot of them. I ordered 2 more of those sweet 8-card case setups from spiderminer, and these are eventually all going to go in those
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Thank you for sharing that! My new 3060Ti is LHR and seems to crash ~once a day on NiceHash.Raven is currently the most profitable coin to mine with these new LHR cards. I also believe that it has some long term potential as well which is great.
Raven has a rewards halving coming up soon. There is a good chance that a large portion of the Ethereum hashrate will move over to it as well. Both of these factors on their own could create a big price spike in Raven.
Lol! I just saw this. If you were going to get one, you’d need a serious commercial standby generator for your home to run everything.I have attached the energy usage graph from my utility company, which shows pretty good how I have been expanding my cards.
Personal energy usage was effectively 0 from mid May to mid July, so this was completely from the rigs.
Fantastic! Love your youtube idea, will check it out.Just checked my numbers and here is a more exact rundown of how I am doing on each algorithm:
7,139 watts (-$771)
= 1.55 Ethereum a month @ $4,300 CAD = $6,665
= Total minus electricity = $5,894
9,438 watts (-$1,019)
= 41,500 RVN per month @ $0.165 CAD = $6,847
= Total minus electricity = $5,828
Total net income per month at todays prices = $11,722
I got a couple of used cards from Canada's version of Craigslist at the start of the year, and only because I found them for barely higher than MSRP. All of my cards now are from small stores who charge slightly over MSRP, and big box stores who charge MSRP.Are you essentially just grabbing these off of FB Marketplace/Craigslist/etc? Or are you actually finding stores that have GPUs in stock? Just curious on the ability to replicate this in an area with low population.
Lol. I don't know anything about ASIC machines yet but I guess they are power hungry beasts. You could probably find some that are considered door stops because they cost more to run than they generate for essentially free. Pick some of those up and plug them in!!Which mining rig setup would be recommended if the variable of electricity costs were zero and all that mattered was the highest hash rate per dollar?
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