With the “rise” of Defi (basically decentralized lending – linking decentralized exchanges with borrowing/lending of tokens with leverage, see yield farming for example, I dont really recommend), profitability of mining ETH and related coins has skyrocketed.
So welcome back to mining if you had stopped, or are new.
Quick update : Nicehash has released its V2.0 miner, with an updated GUI. Download it here. This is a simple solution for new miners, and since its new – Nicehash will give out 0.25btc to a lucky user who reported at least 1 bug during the testing period.
Claymore has also updated his ETH dual miner, now V9.4, featuring the new EthMan and support for nicehash Siamining.
The mission of this site is simple. To help miners and share information. When more people mine, it does cut into your profits because difficulty goes up. But at the same time, mining is what gets new people interested in the world of crypto. So we believe, here at CryptoMiningTalk, that getting new people interested in crypto is more important than the current profitability of mining for the long term.
If you ask yourself this question: is it profitable to mine ? Then the only way to figure that out is to start mining on a very small scale and see for yourself. There are a multitude of coins that can be mined, even with cpu’s. There are many strategies to create profit. Its up to you to figure out what those are !
So enjoy the site and please leave us comments and feedback. This is a volunteer project and all donations are very much appreciated. These help with paying the bills for the site/upgrading servers/new content/reviews. Thank you in advance for your support ! A good way to support us at no cost to you is to use our referral link when you shop at Amazon ! This also works for our Canadian friends here. And as a bonus (another referral) you should use Great Canadian Rebates when you order to get another discount on your hardware.
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