j1philli

Yea they have to think about all the devices they have apps for. The majority of there players would not handle AV1 very well so why support it until all the player hardware can actually play AV1. Let alone play it better then what is currently offered to make the dev time worth it. Unfortunately, I wouldn't be surprised if we don't see it for another few years.

Wear and tear is very hard to quantify. If properly cooled and power optimized cards should last a very long time. Traditional mining and Folding are both quite similar, using as much RAM as is available on the GPU.

I am expecting another mining boom when new GPUs are released. Maybe not as crazy as the 30 series launch sense Covid made that a lot crazier than 20 series launch. I do think now is a good time to buy if you are wanting to get a newer card.

A USB-C to Ethernet adapter would require a software driver that the Deeper Connect would not have. That goes for any other accessories not provided by Deeper themselves. I wouldn't expect anything to work unless Deeper says it does.

Great results everyone! I have been MIA but couldn't miss the event. Glad to see everyone still kicking around

Yes but we will always make $3.50 usd no matter if bitcoin is 60,000 or 50,000, we'll just get more or less bitcoin at time of payments. I'd recommend using the optimizations that NiceHash has built in. They have worked well for me.

The reported numbers for hashrate from nicehash jump all over the place from my experience. The main thing you want to look at is what you are getting paid every 24 hours and if it is inline then there isn't anything to worry about. Nicehash's estimate for a 3060 is $3.48/24hours. https://www.nicehash.com/profitability-calculator/nvidia-rtx-3060 I don't know if this is necessarily true as the folks that are renting our GPU power through Nicehash have a constant price. So we are always getting paid the same amount but its just the amount of bitcoin changes dependent on the price. Like I said this is how I understand it but I am not 100% sure

Mining is going hard. If you don't want to do that then mining/folding isn't for you. Let alone not going 100% power on a card like that you would not be profitable.

Doing it yourself and not using a utility will allow you to do whatever you want. I always thought that you couldn't mine Doge with CPU or GPU because you couldn't with litecoin. So if this is the case and you could actually find a way to do it. It would take you years to even accumulate 1 doge. So i've always assumed getting an asic was the only option cause you can mine litecoin and doge at the same time. That's about as far as I've looked into it though. Good luck in your research

The person renting out their hardware could be taking some sort of fee. Not to mention the fact that doing it this way the renter is not having to pay fees to transfer around the coin. So they are able to essentially do and exchangless transaction off blockchain for cash. Now arguably they could hold the coins and it has a chance to go up but that is a long to term play where this is a good way to cash in on the crypto hype short term. Ease of use sells itself. If someone is not as inclined to use an exchange or wants to steer clear of exchanges because they heard about Mt. Gox for an example, they would much prefer to have this sort of arrangment

Before you get to into it you'll have to check on compatibility. A lot of the easier solutions like nicehash only stay up to date on profitable hardware.

I use a a Ledger hardware wallet as well and it lets you access your wallet both on your phone and and PC(windows for me) freely. I absolutely love it for long term storage. The other features of the app aren't competitive for me in Canada so your mileage may vary in that regard. Reminder to only buy hardware wallets from the manufacturer directly or from a distributor they link to on the official website. Again I absolutely love it and I have never had a hick up or bug while using it for the last year. Highly recommend this over a windows wallet because if your pc dies you have access to it on your phone and vice versa. Any questions about it let me know.

You a wonderful day as well! Make sure to pick a post as answered on your post so mods know to archive it when the time comes!

It isn't always necessary, it is really dependent on your setup. This folding rig for example doesn't use a special motherboard and doesn't have any extra motherboard power. Often times you can get PCIE to PCIE risers that have extra power right on them to help prevent this problem. You may not have any problems with the 3060s because they'll pull less power. Hard to know without just trying it out

I had always found that I would be making really close to the same on nicehash vs setting up specific miners. This doesn't really help if you are looking to mine for specific coins but my perspective is that if you want a specific coin you can buy some with your bitcoin earnings from nicehash. To go back to your original topic, I was in your shoes at the beginning of the year so I'll go over what I found and what I'm doing now. This got way longer than expected lol in Spoiler