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Crypto Economics

PSA to new Crypto miners: Mining calculators are the tools of the devil

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 …

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“What should I mine with my 4GB graphics cards once the Ethereum DAG limit hits?”

Unfortunately, you will not be able to profitably mine an alternate altcoin with your 4GB cards once the 4GB DAG limit hits. For the math behind this assertion please see our more in-depth article here. Tl;dr – Seriously…you will not be able to profitably mine something else with 4GB cards for all but the early …

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PSA: No, you will not be able to profitably mine an alternate altcoin with your 4GB GPUs once the 4GB Ethereum DAG limit hits.

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 …

PSA: No, you will not be able to profitably mine an alternate altcoin with your 4GB GPUs once the 4GB Ethereum DAG limit hits. Read More »