Will GPU mining end after the Merge (formerly called ETH 2.0)? Here we are in 2022, and the merge is still 3-6 months away. Just like it has been for the past 4 years. It’s practically a punchline at this point. But despite the countless delays – we really are approaching the finish line. The …
GPU Mining profitability in 2022 Anyone who has been mining in 2022 has felt the pinch. Difficulty is rising and the price of ETH is dropping, among other things. You might be starting to wonder if building that farm was worth it. But the mining calculator says you’re still in the green, so as you …
Is GPU mining profitable in 2022? No, not even close [math] Read More »
The Hassle of Selling Mining Rigs Online Yourself Often after receiving an offer from us to liquidate mining hardware, our clients first take a stab at selling their hardware themselves online to maximize their return. In most cases, we hear back from them approximately two weeks later, ready to move forward – because that’s about …
The Hassle of Selling Mining Rigs Online Yourself Read More »
It’s great to see all these new miners, it feels like 2017 all over again. Mining at a small scale is a fun hobby. But I’m seeing lots of the typical “X days till ROI” posts and I want to make sure the new guys understand what they’re actually getting into here, coming from someone …
PSA to new Crypto miners: Mining calculators are the tools of the devil Read More »
Update: As of April 2021, Zombie Mode keeps 4GB cards hashing profitably. The creativity within the mining community continues to be amazing. The next big change for miners will come with EIP-1559 scheduled for incorporation in July, which will reduce the reward to miners from fees. Make sure to look into it before investing in …
Why protecting the independent mining community with ProgPoW and similar initiatives is good for decentralization and for crypto. Viewing cryptocurrency miners as a problem to solve instead of a resource to tap is the greatest failure of imagination in the space today. It is remarkable given the ethos of decentralization and the level of passion …
Update May 2022 – Ethereum Merge (transition to Proof of Stake) Update May 2022 – Currently, Ethereum mining accounts for 97% of mining revenue for GPU miners (even if you’re using Nicehash and getting paid in Bitcoin, your hardware is almost certainly mining Ethereum). The Ethereum development team is planning to transition to proof of …
1. In difficulty lies profitability Mining is competition, not cooperation. This is rule #1 for a reason. Always keep it in the back of your mind. In almost every case, if a rig or crypto is easier to build, mine, configure, find, understand, trade, buy, sell or easier in just about any way, it’s likely …
