Mining

Scrypt Mining Bells on Nicehash, making money and

Scrypt Mining Bells on Nicehash, making money and heating my house!

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17 Comments

  1. Hello Redpanda, i have a DR5 dcr miner and i am not sure whats going on with all those dcr pools, seem like i cant mine anything lol all pools seem closed, do you have any clue whats going on with this miner ?

  2. RPM, I love your videos. But you do look at these MiniDoge miners from the perspective of your use of "Bigboy" miners, and that tends to be negative. I love these things. Let me put some positive spin out there. 1. You are correct, they are perfect for adding heat to the house and making coins at the same time. But guess what, efficiency does not matter when you are doing this. The money you spend on electricity results in unwasted heat and cryptocurrency. For many people this can be the modus operandi for five or six months of the year. The efficiency does matter for the other six or seven months of the year. Just don't run it in a house you are air conditioning as you will raise your cooling costs. But the cost of running a MiniDoge 3 for 6 warmer months is $114 ($0.10 power) on low power mode. Not a huge outlay. 2. Three million homes just in the U.S. have solar roofs on them, that means for 3 million people these miners would be perfect because you can essentially mine with them for free. Again efficiency is not an issue. 3. They are nearly silent compared to other miners and some people want to participate in the hobby of crypto mining but don't want to build a shed in which to place noisy miners. Noise vs. hashrate has been my (and my wife's 😉 )constant battle in this cryptomining adventure. 4. Cost of entry to the hobby is low compared to other miners like the L7. Yes, dollar per hashrate is not the best but inside the home miners are always less efficient than the serious mining machines but they offer a space for less intensive miners to be part of the coin ecosystems that they like. I wish Goldshell would make a Kaspa miner or even a Bitcoin miner because I would be on board for that.

    I myself usually solo mine with the MiniDoge miners to LTC/Doge as I would rather play the lottery than make $1.10 per day. Recently I have been mining them to Unmineable for Kaspa, which I really believe is going to be $1.00 per coin by early 2024. But Bells looks like a really good way to go too.

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