Sunday Survey: Do you mine?
4978 sats \ 38 comments \ @jimmysong 3 Dec 2023 bitcoin
No, I don't know enough about it5.7%
No, I don't like the up front cost10.3%
No, I don't have good electricity rates48.3%
No, I don't feel confident in running it5.7%
Yes, at home for untainted sats20.7%
Yes, at home for profit8.0%
Yes, professionally0.0%
What's mining?1.1%
87 votes \ poll ended
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486 sats \ 4 replies \ @OT 3 Dec 2023
I'm thinking about buying an old rig just as a counter to a mining ban.
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1 sat \ 2 replies \ @sudonaka 4 Dec 2023
S9 at half speed is 550watts so $1.50 per day if you have .1 elect price
Installing custom firmware for s9 lets you control fans- BTCsessions video used BraiinsOS+ the (+) version is their new closed source software that looks nicer but it also takes 2% of your hashrate and directs it to their own pool….
So I went with the old open source braiinsOS, finally found it here: http://feeds.braiins-os.org/
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0 sats \ 0 replies \ @OT 4 Dec 2023
Its more for the counter to a mining ban. Would probably not use it, or if we had solar, use it during the day with the excess power.
Thanks for that info though
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0 sats \ 0 replies \ @kenn_b 4 Dec 2023
Interesting about the old open source.
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0 sats \ 0 replies \ @NewsnNudes 3 Dec 2023 freebie
nice little project
565 sats \ 1 reply \ @0xbitcoiner 3 Dec 2023
NO, I DON'T WANT TO DRAIN THE OCEANS 🌊 😆
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483 sats \ 0 replies \ @Zepasta 3 Dec 2023
deleted by author
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406 sats \ 2 replies \ @TheWildHustle 3 Dec 2023
I get free electricity I'm writing off the miner purchase on my taxes I reduced the wattage with brains os to reduce the noise Its heating my condo and giving me Non Kyc corn in the process
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10 sats \ 0 replies \ @stimmy 4 Dec 2023
Based
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0 sats \ 0 replies \ @sudonaka 4 Dec 2023
I wonder how many you could plug in until your landlords talk to you about the electricity bill lol
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139 sats \ 9 replies \ @Zepasta 3 Dec 2023
deleted by author
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73 sats \ 1 reply \ @k00b 3 Dec 2023
also for me
  • not sure what to do with waste heat
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0 sats \ 0 replies \ @kristapsk 3 Dec 2023
Yes, that's important factor. I turn it on mostly only when I need extra heat. That is benefit for small miners living in the North, even being in loss if looking at electricity cost vs mined bitcoins, you still can be kinda profitable, because you don't turn on ordinary electric heater which consumes electricity too but produces zero sats.
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0 sats \ 5 replies \ @evanbaer 4 Dec 2023
Ok so I have to say our hashrate auctions at rigly.io solve all of these problems
  • Electricity cost built-in
  • Bid on future hashrate by difficulty epoch, way less $ than a buying a rig
  • No noise!
You get hashrate sent to your mining pool account - with the potential of mining at a profit - and your payment is held in on-chain escrow.
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100 sats \ 0 replies \ @justBrian 5 Dec 2023
rigly is legit af way for plebs to participate in mining. its fun too!
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0 sats \ 3 replies \ @Zepasta 4 Dec 2023
Do i get to choose the pool?
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21 sats \ 2 replies \ @evanbaer 4 Dec 2023
Yep - you enter your pool details at sign-up, or enter them later on
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0 sats \ 1 reply \ @Zepasta 4 Dec 2023
Does it have any KYC required?
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48 sats \ 0 replies \ @evanbaer 4 Dec 2023
no kyc
  • bitcoin only
  • funds are held in onchain multisig escrow with marketplace sellers (mining farms)
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0 sats \ 0 replies \ @NewsnNudes 3 Dec 2023 freebie
  • Electricity prices too high
  • Upfront cost too high
  • Too noisy
that's right sir.
17 sats \ 1 reply \ @lv99_slacker 3 Dec 2023
My machines are hosted. I'm larping, but they're still pristine sats gotten KYC free.
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0 sats \ 0 replies \ @southside263 3 Dec 2023
no one cares 😂
stack sats >
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7 sats \ 0 replies \ @WeAreAllSatoshi 3 Dec 2023
I mean I’d like to be profitable. It’s also good to contribute to distribution of the network, and it’s fun to learn hands-on!
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10 sats \ 0 replies \ @spraveenitpro 4 Dec 2023
What do you think about BitAxe?
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10 sats \ 0 replies \ @DR_HELL 3 Dec 2023
Only a nerdminer but surely one day my 60 KH/s will pay off 😎 one block is all it takes
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10 sats \ 3 replies \ @davidw 3 Dec 2023
I feel like if someone had a novel way to invert the heat to use for air conditioning, they’d make an absolute killing. Everyone would be using their services and mining
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622 sats \ 2 replies \ @wassersnaus 3 Dec 2023
I was toying with the idea a while ago and it is theoretically possible, as shown here using a old gas powered ammonium cooled fridge the heat still needs to be vented off seperately from the room one is cooling using a ventilation system. Just an idea i had, never ran the numbers on it…
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0 sats \ 1 reply \ @davidw 3 Dec 2023
Feels like now is the time to run the numbers 😀 thanks for sharing.
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0 sats \ 0 replies \ @wassersnaus 3 Dec 2023
I got too much on my plate atm😔 and even if by some miracle it works and it was viable to do commercially the amount of EU regulation, compliance and fuck you insurance up my ass would be too much for my sanity to handle without a guillotine.
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10 sats \ 0 replies \ @kristapsk 3 Dec 2023
Have S9 at home, but it's not turned on 24x7. Mainly when I want extra heat.
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1 sat \ 0 replies \ @chairman_pretense 3 Dec 2023
Electric prices are terrible. Would mine if I had one or both of: local power generation (e.g. solar) and efficient hash device (e.g. s19 or more).
If I had cheap/local power gen would probably run an s9 I suppose.
Would happily lottery mine, wish Core would bring back mining with option to severely throttle. Just for the principle even if realistically finding a block was unlikely.
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0 sats \ 1 reply \ @xz 4 Dec 2023
1sat - 1sat
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0 sats \ 0 replies \ @xz 4 Dec 2023
btw
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0 sats \ 0 replies \ @billiam 4 Dec 2023
Yes, one S9 with noctua silent fans replaces a 750W resistive heater in basement office. It's a loss investment as a 30€ resistive heater from the hardware store would have better upfront cost. So, it's a hobby to go down the mining rabbit hole and support decentralized mining. Daily reward currently is ~2000sats with a 35 ct (Euro) / kw. Braiins pool but thinking to switch to ocean.xyz or split hashrate.
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0 sats \ 0 replies \ @BlokchainB 3 Dec 2023
Yep I mine!!! I do it all!
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0 sats \ 0 replies \ @duuv 3 Dec 2023
Not yet.I'm seriously looking into a home miner space heater.
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0 sats \ 0 replies \ @rafaelasprilla334 3 Dec 2023
I have 2 s9 but I have them turned off for the moment
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0 sats \ 0 replies \ @oraltosun 3 Dec 2023
Shouldn't be an option related to mining pools?
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