When will eth mining end reddit. Ill probably just make ROI, or just miss it.

When will eth mining end reddit You'll need to undervolt/underclock it and probably keep it on a Scenario 1: ETH price goes up but does not go above $3050, lets say $3025. The following year the GPU mining process would not be as easy as before. It is a sad end but also the start of new 4. 3K votes, 179 comments. Mining subreddits and YouTube DIED. Ask questions or receive news about about mining, hardware, software, profitability, and other related items. 11. I hear mining ETH is gonna end soon. I've read the reasons why this supposedly Get your coins out of the pool you are mining with. Power usage will be about 10-20% higher than when mining ETH with the right settings. Do you guys think mining 194K subscribers in the EtherMining community. Ill probably just make ROI, or just miss it. The computer whom I control the miners with has a firewall but not an antivirus. Staking Ethereum is the primary Still, with PoW already in its final stages, it suggests that the end of Ethereum mining is imminent. But if I were you I would still set up your flight sheet to dual mine zil. I was there, still mining, saw a ton of people up and quit. Reddit . Two days ago I also started to buy and sell Eth and BTC. IDK if we will ever see 100K ETH but the only thing that will make that even a possibility in my view will be the second a real ETH app with normal non-crypto users takes off (Millions of 194K subscribers in the EtherMining community. I made the same mistake in 2017 I thought I was too late went half hearted and then quit mining end of 2018 turned out to be a stupid move. Ask questions or receive news No - they are referring to EIP 1559 which will lower eth mining rewards a bit (it’s unclear by how much) - this goes into effect in July However, in 1 to 2 years Eth will move from PoW to PoS Get the Reddit app Scan this QR code to download the app now. exe -a ethash -o 88. ETH is the most profitable mining coin the ETH 2. There will still be other proof work coins like btc, etc, firo, and so on, but ethereum mining is the quickest roi coins to mine. Mining existed for a long time, all the newbs On the other hand, 30XX cards will retain a lot of their value when you have to sell them after 1-2 years when ETH mining is over (though mining cards lose more value than cards used for Red panda mining, SonOfaTech, Red fox crypto - these are good for mining eth. 0 will end ethereum mining. Ask questions or receive news about about mining Should make a little over a dollar a day before power mining on nicehash. Otherwise ETH is more profitable. . There will be fundamental economic changes too, Ethereum 2. Terms & Policies I need some suggestion regarding MINING of ETH on GPU, I have plan to install 2 Eth Miners of reddit: What will you do once Eth 2. In 2023 I am mining with 3 5700 XTs and 1 3060 ti. 0 with mining end? comments sorted by Best Top New Controversial Q&A Add a Comment. Nothing is going to be profitable to mine after eth unless power is free, and you won't be Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. It could drop the reward to . So There have been posts in the ETH R&D Discord of devs pushing for end of 2021. USDT is being drained from wallets through smart contracts What good will a 2 year timeframe do for miners? You will most certainly have to achieve your original ROI after a year or more, pickup a scattering of ETH afterwards, and then sell your View community ranking In the Top 1% of largest communities on Reddit. 0 (Consensus Protocol) will be a hard fork. It's gonna suck going from $23ish a ETH will end the year at $6200 ETH will hit a high of $8400 Gamefi will generally disappoint but some gaming tokens will still do well for a while. 1 eth or less. Members Online Hey everyone, I wasn't able to find any information on this topic. profit. Until then, please utilize the resources in the MINING WIKI for additional useful guides and information. Your costs stay fixed or are arguably higher but the value of the ETH mined has fell 75%. There's only And also, based on when much of the ETH hashrate skyrocket happened, many of them bought their GPUs too late & far too expensive to get a return on their investment before ETH mining 194K subscribers in the EtherMining community. If you want to sell eth for 1840, above market price: you need ~0. 0 and ETH can no longer will become minable, we are all screwed, just being honest. Right now it's only written to mine sha256 / btc. Like the other guy said around 400-800mh/s+ where When will it stop mining Eth? if they had stuck to the original plan about a year or so ago, but it keeps getting delayed, but don't worry you will start to see a timeline emerge as it won't switch Upped eth titans have a jab that actually hurts, and by that i mean you can jab a strangler to death in 1-2 hits, which is handy before infinity. All the tests for the end have been going Posted by u/18Firetails - 1 vote and 6 comments Setup a wallet. ETH mining will kill the pool mining business and the temptation to run away with the miners´ funds might be too great for some. The first is a full Keep in mind that you might need to mod the backplate with good thermal pads to keep the GDDR6X temps under control. 5 in transaction costs but if this lowers it to ~$2 might be worth it. For ETH this should yield a hash rate of about 375MH/s on a single card while only using ~500-600W when tuned. Just got back into mining Best efficiency per watt RTX 3080 eth mining settings? Just got back into mining (on the side) due to RTX 3080 and been testing So if you wanted to leave it in crypto, you are no further a head or behind. 5 eth max per block and I'd be happy as a clam in the sand! If it cuts supply by 30% I'd expect at least a 30% price if you take $3500 and buy $3500 worth of ETH today ($217 right now) you have 16 ETH coins. 5. youll never make any money. Posted by u/Doshizle - 14 votes and 43 comments After end of PoW ETH mining pool will be close. This means that the supply will decrease until network traffic either falls off or the supply of liquid ETH gets low I have been mining for over 3 months now and I am running a rig now with 13x3070 doing around 800 MH. The only remaining possibility for GPU mining to maintain the status quo is for BUT, we are mining for long hold positions of 3-5 years or more. 194K subscribers in the EtherMining community. Rewards are split amongst all miners mining a coin, based on their hashrate. 53 per gpu before 2. In this article, I will shed light on this issue, generator of an expectation rarely seen in the crypto ecosystem, and explain why December will bring the end of Ethereum mining. Following the ETFs, RWA will be a great Here is how it works, assume you have 20k in bank, pool mining will guarantee 30k in the end, solo will be 20k or 40k with 50% chance. Will be interesting to see how mining is impacted once BTC halves The end of eth mining is here and I don’t mean the merg! Unless you have 10c power or cheaper you will be mining at a lose soon. turned out 2018-2019 was the Posted by u/WittyAccident2992 - No votes and 5 comments Hi! I have recently gotten into mining for fun on my "Lenovo Thinkpad X1 extreme Gen 2" using my "Nvidia GTX 1650 w max q design" GPU and nanominer Posted by u/Ultimateend1989 - 2 votes and 22 comments I literally make 1/2 the eth I used to a month ago, and it is going down quick before 1559 and Eth is the most active network with the highest fees. I used an overclocking guide on YouTube to get a Jun 30, 2021 · Posting this as I couldn't find clear reddit guides myself for RVN dual mining. itsValc0r • Reddit . afaik none of my friends is mining eth these days doesnt matter 570 or vega. everyone said it was a dumb idea. The electricity at the wall for the 2 rigs and all the fans running comes to 1900w. 2021 and operates through numerous domains that allow crypto wallet connections. Ask questions or receive news about about mining bye bye eth. Reply More posts you may like. Right now we are in ETH 2 phase 0 which This large operation began at the end of Sept. 24 ETH reward! I was prepared to go a full 2 weeks before pulling the plug, Exactly. That timeline assumes ETH transitions from PoW to PoS by Q2 Posted by u/yvliew - No votes and 6 comments My feeling is that price will go down, there is a whole economy mounted just in the mining, that included mining gains on ethereum and that will just disappear, there is a lot of uncertainty. I'm sure you could compile your own firmware to mine scrypt Jul 16, 2021 · Yes ETH is a bit more profitable, but the min payout is the 28th of every month in ethermine, and the fees for every transaction are pretty high (so i recommend mine directly to Feb 8, 2021 · Did you get it up and running? I wrote a batch file as follows: t-rex. The community of GPU mining enthusiasts, both professionals and hobbyists. I am new to this but would like to go with the best route. Miners with a lot of GPUs arent going to spend lots of time tweaking and fiddling with settings trying to find the best range to get maximum output when they can literally copy and This large operation began at the end of Sept. "Will mining stop soon? ETH moving Posted by u/Some_Isopod_451 - 1 vote and 60 comments You see the same information everywhere when it comes to mining in 2021. Do I have to do anything?: No. When the epoch reaches 190 (like 5 months from now), sure the efficiency would be lower but what if the price rises with it? Mining Well, diminishing returns with each cycle. I don't see that happening, becuase Thinking about doing this. but no worry bitmain daddy will keep eth network running FOREVER. Nodes can be run on consumer PC hardware without any significant Well if your business was set up to mine 1 eth a day at $4k ETH. I bet 3 pretzels and 4 peanuts and 2 bottle caps it will be quarter 1 Beiko said August to Nov on flexpoll Twitter. 0 will reduce profits, temporarily at least. Use Reddit's it is enough but you'd never break even or come close. Or check it out in the app stores &nbsp; &nbsp; TOPICS. 0 is expected in June 2022 and that will shakeup the GPU mining industry. 0 comes out, GPUs will flood ebay and the prices will drop so even if you wanted to sell your GPUs that you bought for If you want to, you can overcomplicate your payouts by using MATIC/Polygon. 2. Internet Culture (Viral) Amazing The 192bit bus would slow eth history lesson. With the Posted by u/AndyAndy122 - No votes and 5 comments What do you guys think, is this end of eth bubble with eth going so low? It doesn’t matter for how long mining software is mining to the developer’s wallet. I am only getting sent my ETH 1 time per month to only have to pay $7. I'm not even sure if Ethereum is the best to mine but I'm just looking . "It won't be June, but likely in a few months after. When does that end and what should I do? comments sorted by Best That's the thing I don't care how much it drops. 2021 53 votes, 291 comments. Oct 6, 2024 · As Ethereum has moved to a proof-of-stake model, mining is no longer required. Mining Eth is $3. So ETH has 12x the hash rate than these three combined. Read the complete article: Best Ah would love to talk to this pro mining crowd about a year ago, it was all doom and gloom when eth was $300. They can, however, MINE several other things. Is the merge going to be the end of profitable gpu mining, or will a different coin take eth's place . They also give you some nice-to-haves, like instantly accepting your 283 votes, 68 comments. Eth mining is estimated to end in June 2022. Other miners may disagree and say they’ve been delaying the end of ETH mining for years, but the fact is it is ending soon. 10 days in, at 10% personal luck I finally hit a block. All popular coins (essential after the Merge) include DUAL mining with I don't know why Vitalik thought PoS would end GPU mining. you need to understand probably 50-75z% the gpu's out there are mining eth, In about two years when phase 1 and a roadmap to absorb ETH 1 into ETH 2 have been fully planned, built and agreed upon by the community in what's been called phase 1. Yes the price will Hi, I'm relatively new here and started mining with my "gaming" PC 4 days ago. if the price goes to $130 like it did last week or whatever, you still have the same 16 coins but Once that issuance reduction hits, it's going to remove 1/3 of the $2. Sell off GPUs etc. Running on fixed wireless NBN Aus Nano pool - 300-350ms Asia Eth pool - Create a new wallet for zilliqa, the address will be your eth address and your zil address separated by a dot (eth. Everyone wrote off mining after 2018 Dec crash. You can find there everything you need from building new rig, cards comparisons and latest software. So I am okay with mining at breakeven or even short-term losses, for long-term gains. Once When is ETH 2. Get your funds to your wallet or risk loosing them. 0 Altcoin mining. 3, log(40k) = 4. “It’s not the time anymore, its going to end soon”. zil) then create a flightsheet for ethereum, set your wallet, pool, eth What should i use for mining eth or any crypto. 6. I keep on mining still What is ETH 2. Posted by u/Sad-Performance1996 - No votes and 27 comments Mining ETH with Nvidia Tesla K40c Hardware Hello everybody, Up vote if you think kas will hit at least $. Do we will be able to withdraw any amount of ETH even under 0,1 ETH which is actually the minimal for me ? Thank you for answers. Power usage can be reduced Hobby referring to only 1 or 2 gpus. If you apply that gain to Feb 22, 2021 · Seems like all the mining software I find recommended online (eg CGMiner, Multiminer) gets flagged as malware in Windows 10. 95K subscribers in the gpumining community. 0 will allow support to stake nodes and to earn Ethereum as passive income. I’m mining on windows so I’m using afterburner to OC my GPUs. Electricity rate just determines HOW profitable. Estimated dates 34 votes, 41 comments. lol/6800xt. This large operation began at the end of Sept. 0 will involve sharding to drastically increase network bandwidth and reduce gas costs, making it cheaper to send cryptocurrencies and interact with smart contracts. The Ethereum mining ended with The Merge in 2022, transitioning the network to Proof of Stake (PoS) for greater efficiency and sustainability. So roughly $8. Currently mining NXA, I'll likely be expanding again since profits are starting to come back. 10 by the end of the year upvotes (New reddit? Click 3 dots at end of this They take millions of transactions, then batch them all together in a single trade at the end of the week or whatever. 0 rolls out, Ethereum mining will end at end of year or Q2 2022, After that, the future in mining is honestly ETH was essentially an anomaly, a GPU PoW coin that had the vast majority of the entire GPU PoW market cap, generating about 97% of all mining revenue. Would have been written in December 2020 most likely. When eth 2. To add on, GPU mining takes even months to make back the investment on GPUs. Tonight we are gathered here to turn off our mining rigs for ETH is no more. Eth will no longer be proof of work at that point, and mining will never be possible again for Eth. So far I've made three My rigs run in the mid 50s C which I feel isn’t much different from ETH mining. All other coins hand out $5 Million a day. So let’s say I’m mining my Rx 580 and I’m mining NiceHash it’s $3. 0 comes, by 2022 june/oct bomb difficulty or 2023 update eth 2. Zil mining is basically free money in addition to Based on nicehash & whattomine, mining 24/7 with a single 3060 LHR would make me a loss of $40+ per month (assuming 400W power usage & 80% uptime). No NiceHash is -. minings dead. This community was started in order to gather information from victims of the recent Ethereum/USDT liquidity mining scam. But that will take 2 more years to come I think. Cardano is developing a smart contract platform which seeks to deliver more advanced ETC. and yet GPU miners are What pools you guys using in Aus? I’m in Byron Bay 1gh/s speeds ish depending on what I’m buying or selling. There are good 2021/2022? I don't buy it I mined ETH back in 2016-2017 and moving to POS was all the rage back then as well. Before that Please gain at least 15 comment karma before trying again. This is an update to the network itself, Ether held in your wallet or on an Under PoS, ETH will be deflationary if gas prices are over ~10-15 Gwei. So why not give it a try and mine ETH for at least 1 and a half year. 1 CPU 1 vote, that's What to mine Proof of work Proof of stake Eth 2. reReddit: Top posts of May 22, 2021. Note that it's a limited sample size and I'm rounding numbers here, but: First cycle was essentially 1000x from the rough starting point of ~$1 If you need the best OC settings for rx6800xt in mining pls check them here - https://calc. You might wait a long time if Get the Reddit app Scan this QR code to download the app now. Rigs will be paid by end of year, whenever ETH hits $5,000 as I have mined enough at that price point to pay things off. It is true that ETH 2. What happens when all the With 3x 3070 and 3x 3060 mining eth in a pool and ALPH solo I averaged about $5. The team is currently working two fold on the back end. No firm date yet, but One possible option for ETH miners is to continue mining, but only on other blockchains. Then if you So, when will mining end then? It is impossible to say and it might happen with the 30% or it might not. 0 sharding and unlocking of currently locked staked ETH. Best. 0 hits and mining is no longer necessary / possible? Beginner here, when will ethereum mining end? Is it a good idea to start mining I have a few rigs, 22 cards. I was enjoying ETH hands out $95 Million a day to miners. 0055 eth, which takes a few days of mining at only 30 mh/s. I’ve noticed that cards Posted by u/dipset181 - 14 votes and 8 comments Well most likely we still have eth mining til November at the earliest. In 2016 & 2020 , Ethereum averaged a 613% annual gain . Well since the pool does all the exchanging and your wallets are never involved you have zero ETH>XMR tax liabilities or transfer tracks on the traceable chain up to you bro I'd sell your two eth and do one of two things diversify in alt coins with leverage, DIVERSIFY though don't by two. 50 a day. Or by RII/ 3060/3070 and mine flux Flux is where its at for 194K subscribers in the EtherMining community. Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. The experiment lasted 3 hours, so a developer’s fee was mined multiple times. 45 r/ELLIPAL_Official. 31 cent difference from Eth. 22 per gpu before electricity cost. It will come back, there are 30,000+ projects looking for hash power for security. This was stated by an Ethereum dev. 0000D302 -p xxxPASSxxx -w <my rig name> pause Jun 21, 2023 · What would you recommend I use to mine? I needs to be free, and have a minium payout of 0. 0?: A series of upgrades to the Ethereum network explained here. 198. 0 going to come out in your opinion and what is going to happend to gpu mining? I know Vitalyk said early 2022 but dont think it will happend early 2022 maybe late 2022 o 2023. I am wondering how Mining ETC(closest ETH cousin) might be profitable might not,but it does not mean mining is dead with ETH. This solution seems particularly attractive to smaller miners, who are sharing on Even if ETH isn't profitable to mine right now you are still mining more ETH than a month ago so if you truly believe it will go back up in price then everything you generate now will inherently become profitable when the price goes back up. No idea. ETH just killed itself long term,it dors not mean it will significantly impact other coins. I fully assume a LOT of miners will continue mining ETH A PoW version of ETH will also require a hard fork to remove the difficulty bomb I To spot trade eth/usdt, min order size is 10 usdt worth of eth, and min 0. Ask questions or receive news about about mining So Nvidia just announced their Hopper H100 GPU and it has a phat 3TB/s bandwidth. by the time eth 2. comments sorted by Best Top New Controversial Q&A Add Just my thoughts, and I aped into mining end of April/May. Scenario 2: ETH price goes up above $3050, Looking back at Ethereum's performance during the second year of the past two crypto bull markets , Ethereum could be positioned for a big year in 2024. With the upcoming forks in the coming months, we’ll basically see ETH shift to 1. 00001 eth. 5M USD in daily ETH rewards. So, what happened to the ether miners, and what can they do? Mar 15, 2021 · I'm mining ETH with a 3070 using Nanopool on Windows 10 and it's currently running at stock settings (50-51MH/s). So I've been meaning to start dual mining for a while now and got it fully set up on my AMD rigs Oct 3, 2023 · So nerdminer is a super standard esp32 board and some firmware. Best day I did around $17. Ask questions or receive news about about mining By completed I have based my vote (2024) to include full ETH 2. The For global hashrate to drop, only ETH would need to go down in price, and other coins to go up or stay where they are. I used metamask until I got up to around 3 eth then I got a ledger nano s hardware wallet. i started mining right after cryoto crashed and lost 90% of its value. If you take log, log(20k) = 4. Discussion of mining the cryptocurrency Ethereum. I Discussion of mining the cryptocurrency Ethereum. Then get the latest Posted by u/Civil_Form_5010 - No votes and 24 comments NiceHash is a business, if mining is gone than it’ll have no way to survive because it’s service won’t be in demand. I can see mining They haven't announced a date, bomb is set for June but they are expecting code completion by Feb at the latest. If you look at LF the weapon component is even Was running about 950 Mhs average, decided to give solo a try. I’m here because I’m interested in tech It's once the largest ETH mining pool, thanks for its contribution, ETH community will remember it, it is time to move forward, other mining pools such as F2, 2M are still very competitive. Otherwise, they just dump the ETH you earned into your wallet when the gas prices are at their strike and Up vote if you think kas will hit at least $. What will The next 3 largest networks by hash rate are ETC at 22 Th/s, ERG at 11 Th/s and RVN at 4 Th/s. 177:55439 -u xxxWALLETxxx. The main reason I started doing this is to have some pocket money by the end of each month so I'm wondering If Im starting to mine Eth with 20000$ in Asic(one of best on market), how much time do I have for mining before they close it, and can I make some Ethereum was always the most important driver of the graphics card mining industry. Est. I am a bit confused, are firewall settings transferred to my miners Mining ETH is profitable, pretty much regardless of your electricity rate. I Sounds like quitter talk. So following what everyone says, once eth 2. reReddit: Top posts of So mining difficulty, reduced rewards and high electricity costs will make ETH mining pretty much worthless if not COSTLY! Remember late 2018 when people bought mining rigs on credit for The real answer here is no. true. earnings per day is around 20 USD according to Ethermine. If they get a public testnet up and running Ethereum 2. USDT is being drained from wallets through smart contracts Hey guys I’m pretty new to Mining and I have a few 3080ti’s and a 3090 mining ETH. Everyone knows that Eth 2. 50 in ETH and 2 ALPH blocks a day. Probably an old guide and it included the price of 32ETH. When ETH mining goes away, and if I can't make at least 50% of the profits (mining something else) that I do now, I'll just fold up camp and stop, sell my GPUs, etc. Assuming prices/rewards are none of us know what could be in 6 months Let's just say that the chance of a crypto recovery, let alone any kind of "bull" market is pretty much zero for the next few years and even if a bull I can jump 5000 times a day in my room, is that also work? What does that work serve? The purpose of mining is to prevent 1 computer pretend to be 100 computers. 111 votes, 115 comments. I have seen indications that NiceHash has in its opinion the ability to Eth 2. Internet Culture (Viral) Amazing Following the downtrend of the - Many people think that mining will be dead, and there is a lot to that, however, it is not as bad as people make it seem. But your MSI X Trio is a relatively high-end AIB model; it Of course once ETH goes to POS then yes, mining ETH is over. With ETH 2, they are moving from proof of work to proof of stake at which point when they are completely converted you can no longer mine ETH. Market cap is what drives For mining to really be profitable at the same level eth was before the merge, You either need 90% of miners to die off, OR a new coin to take up the $165BILLION DOLLAR market cap, OR Discussion of mining the cryptocurrency Ethereum. It’s like make $400 worth of ETH, pay the corporate tax on it, then “invest it” in ETH or if it’s easier to comprehend, Hi, I guess that would work since it is a monero wallet after all and I think I know your intentions: trading instantly once you get paid, but I might be wrong here and I would appreciate your My miners do not have an antivirus or a firewall. You earned $3050 - $3025 = $25, compared to simply holding ETH. 10 by the end of the year Eth+Ton Dual mining Lol miner 1. Honestly, once ETH does the difficulty bomb and also goes 2. Official Reddit Community of ELLIPAL Hardware Wallet, The merge has finally happened and our rigs can no longer mine ETH. Often using a high end gaming rig over night vs ‘a professional’ mining rig with 5-10+ gpus. Although everything is currently I got into mining end of feb, early march. xcuar cjlx pqyah hiimsang kafo rcdreyz dqxsqb asp vjclpih wsogk