Invested in crypto mining rig?

[Butler1000]

What do you think about chainlink. It seems to have lot of potential for real world applications and solves many problems effectively especially with smart contracts and oracle networks?

Only invested minimum, however thinking it has good potential. This is a good podcast about chainlinks applications.

In the end my resources were limited. Eth, Dot, ADA, Chain all were good. Seeing interviews with Charles Hoskins was my final decision maker. He has, imo, taken the time to create a great system. And one that is more "ground floor" so the potential for growth is higher.

VeChain is my other larger one. The deal with China and various European businesses sealed it for me.

I also hold Reef Finance, BNB, Coti(on the ADA system), Matic and Bake in small to tiny amounts. Right now Im trickling in to ADA until August when the Smart contacts are announced. Then more VeChain and bits into others until Altcoin season is over.

HODL everything. I'm not good enough yet to buy the dip. My planning is for five years down the road.

 

[anonemouse]

LMFAO at how much ignorance is displayed at terb from the resident know it all’s who only know how much they know and not how much they don’t know and their cult followers.

Here are the stats through direct experience

View attachment 45032

View attachment 45034

This is exactly why I don’t post on here anymore and especially the politics section.

It’s just a pissing match between know it all’s who don’t know much.

Same with investment and crypto. I invested $3,000 in January and now have over $30k in profits.

Just don’t listen to people on terb even though some of them think and are convinced they know what they are talking about. I give it to them they are good talkers convincing themselves and others that they actually know shit. Please just pure nonsense

I have been here 10+ years and has taken me this long to realize how much full of shit 85%of the posts are on here.

You will still get some value and truth but for the vast majority is drivel. Also there are still some amazing people on here but rare.

Just some friendly advice from direct experience.

Welcome to the Internet, you must be new here.

 

[|2 /-\ | /|/]

To update all the crypto enthusiasts here are my direct stats through direct experience...

With my set up at today’s BTC price I earn $11,000 per year as passive income.

I guess our self proclaimed crypto terb experts were right and it doesn’t pay off...I was expecting like a billion dollars a year and lambos and ho’s everywhere according to their standards.

Ohh well I guess I need to put up with lousy $11k/yr and no yachts and no hoes

 

[Nthn-xeeds-xess]

No money here folks stick to your 9-5’s
5 rigs on eth 1 on raven
4 years later lmao

 

[|2 /-\ | /|/]

No money here folks stick to your 9-5’s
5 rigs on eth 1 on raven
4 years later lmao View attachment 83346 View attachment 83347

Sick hash rate. You’re killing it What kind of set up and cards are you running?

I have 3090, 3080, and 1080 and getting about 248 MH/S at efficiency of 0.39 MH/J. That’s enough for me ATM because it’s on the two computers I regularly use to game anyways and it always mines even when I use it and only drops by like 5-10%. Your 1.6 GH/S is insane and I can only dream of having this one day lol

Maybe next year if still profitable I will use grow tents to set up my own systems...

How easy is it to file for taxes and keep track? Any tips on this.

 

[|2 /-\ | /|/]

PSA to anyone considering mining likely in Q1 or Q2 2022 it will be shut down via etherium POS update . Not sure what this means for future mining opportunities and graphic card prices or if another crypto will take over.

 

[Rukos_48]

The bulls are active again, let’s get this bread

 

[|2 /-\ | /|/]

Really good video about the future of mining. Right now we are in one of the most profitable times to mine. I think is the summer of this year was even better but now it’s still very good and getting better. The new estimate is June 2022 for ETH POS.

 

[DanteHall]

I invested in a crypto mining rig a few months ago, and it's been an interesting experience. When I started, I was a bit nervous because there were so many different factors to consider, like the initial cost, electricity consumption, and the fluctuating value of cryptocurrencies.

 

[smart_alek]

I am wondering how is it possible for the same people to care abut environment and support the use of bitcoins.

Solar?