# Mining / best strategy?

**URL:** https://forum.mustachianpost.com/t/mining-best-strategy/6402
**Category:** Investing / Cryptocurrencies
**Created:** [May 10, 2021, 5:35am UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402 "2021-05-10T05:35:35Z")
**Posts on this page:** 20
**Page:** 2

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### Author: ![stojano](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/stojano/32/4182_2.png) [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [May 11, 2021, 1:48pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/24 "2021-05-11T13:48:52Z")

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Well, as I use already binance and there they have 5% staking on DOGE, it was a no brainer. Maybe you can have DOGE wallet or so if you don’t wish an exchange.

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### Author: ![mabi](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/mabi/32/3568_2.png) [@mabi](https://forum.mustachianpost.com/u/mabi)
#### Post date: [May 11, 2021, 1:51pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/25 "2021-05-11T13:51:09Z")

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I would need an exchange such as [binance.com](http://binance.com) in case I would like to exchange my DOGE coins for USD, is this correct? I guess my final goal would be then to exchange into USD and buy some VT at IBKR…

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### Author: ![SwissTeslaBull](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/swissteslabull/32/4479_2.png) [@SwissTeslaBull](https://forum.mustachianpost.com/u/SwissTeslaBull)
#### Post date: [May 11, 2021, 1:58pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/26 "2021-05-11T13:58:16Z")

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> [@stojano](#):
>
> 5% staking on DOGE

I see 1.55% (7day flex)

 ![image](https://forum.mustachianpost.com/uploads/default/original/2X/c/c2259d17fdf852e47bd522e2a6162b63cd5f13ee.png)

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<div class="post-metadata">

### Author: ![stojano](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/stojano/32/4182_2.png) [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [May 11, 2021, 1:58pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/27 "2021-05-11T13:58:19Z")

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You need an exchange for conversion to USD. But I never payed out from Binance, only Kraken with a fee of 1 or 2 usd but you have it within 2hr on your account.

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### Author: ![stojano](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/stojano/32/4182_2.png) [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [May 11, 2021, 1:59pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/28 "2021-05-11T13:59:54Z")

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right… I thought 5% or they changed it.

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### Author: ![mabi](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/mabi/32/3568_2.png) [@mabi](https://forum.mustachianpost.com/u/mabi)
#### Post date: [May 11, 2021, 2:02pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/29 "2021-05-11T14:02:50Z")

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Good tip regarding Kraken, it even pays out in CHF. I think I will open a Kraken account instead of binance. Stupid question again but what is the 1.55% stake on DOGE, does it mean the exchange takes 1.55% commission on your DOGE coin you hold with them?

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<div class="post-metadata">

### Author: ![stojano](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/stojano/32/4182_2.png) [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [May 11, 2021, 2:07pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/30 "2021-05-11T14:07:50Z")

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means saving, you get payed for holding it. 1.55 APY is for accumulating over a year.  
But there are fees on converting DOGE to USD. Should check the fee schedule, but kraken is quite cheap.

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<div class="post-metadata">

### Author: ![mabi](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/mabi/32/3568_2.png) [@mabi](https://forum.mustachianpost.com/u/mabi)
#### Post date: [May 11, 2021, 3:05pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/31 "2021-05-11T15:05:54Z")

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> [@stojano](#):
>
> I use “nheqminer for veruscoin”… just google it and use the github with most stars for it.  
> I mine verushash because it’s the only one profitable for CPU mining (except maybe rx2).

I created an account on Kraken and have installed and started using v0.8.2 of nheqmine ([Releases · VerusCoin/nheqminer · GitHub](https://github.com/VerusCoin/nheqminer/releases)). The mining seems to work fine I see a speed of ~10 MH/s and “accepted share” messages on the console. Just on [zergpool.com](http://zergpool.com) under wallet if I enter the my DOGE wallett address I do not see any stats yet, so I suppose that it takes a bit of time before I see any counters incrementing there…

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<div class="post-metadata">

### Author: ![omoyano](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/o/6a8cbe/32.png) [@omoyano](https://forum.mustachianpost.com/u/omoyano)
#### Post date: [May 11, 2021, 3:14pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/32 "2021-05-11T15:14:14Z")

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Nheqmine is an anternative to Nicehash ?

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<div class="post-metadata">

### Author: ![stojano](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/stojano/32/4182_2.png) [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [May 11, 2021, 3:19pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/33 "2021-05-11T15:19:39Z")

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after 30min you should see something…

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<div class="post-metadata">

### Author: ![stojano](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/stojano/32/4182_2.png) [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [May 11, 2021, 3:25pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/34 "2021-05-11T15:25:30Z")

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yes, maybe not that featurefull as nicehash (btw never used), but it’s linked from verus coin website for VRSC mining. The only other miner I used for CPU mining is SRBminer for mining rx2 also on zergpool for DOGE. But just did for few days.

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<div class="post-metadata">

### Author: ![mabi](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/mabi/32/3568_2.png) [@mabi](https://forum.mustachianpost.com/u/mabi)
#### Post date: [May 11, 2021, 8:10pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/35 "2021-05-11T20:10:19Z")

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> [@stojano](#):
>
> with the CPU with nheqminer VRSC on zergpool paid out as DOGE which gave me ca 80 to 250 DOGE every week. The CPU was surprisingly very lucrative. (I don’t pay energy costs as it’s included in my office monthly cost).

How much total MH/s do you have in order to earn these 80-250 DOGE per week? Based on [https://miningexplorer.io/verus-calculator/](https://miningexplorer.io/verus-calculator/) and if I enter my 10 MH/s as hashrate I would earn $ 1.61 (without any power costs) which does not look very lucrative… What’s your CPU btw? I am testing right now with two E5-2620@2.0GHz CPUs and 23 threads.

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<div class="post-metadata">

### Author: ![omoyano](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/o/6a8cbe/32.png) [@omoyano](https://forum.mustachianpost.com/u/omoyano)
#### Post date: [May 11, 2021, 8:24pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/36 "2021-05-11T20:24:22Z")

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Mining is not lucrative now. Only if you don’t pay hardware and energy…

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<div class="post-metadata">

### Author: ![stojano](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/stojano/32/4182_2.png) [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [May 11, 2021, 8:41pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/37 "2021-05-11T20:41:14Z")

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![image](https://forum.mustachianpost.com/uploads/default/original/2X/0/049d4e4546a039b79a71d8f8c8537fff1130954e.png)

I have 3900X on my main computer, additionaly on 2 9 years old i7. It was not mining all the time. For the older address, don’t have the logs anymore. I profited from rising VRSC and cheap DOGE. As I mentioned, I don’t pay energy costs…

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<div class="post-metadata">

### Author: ![Cortana](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/cortana/32/2082_2.png) [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [May 11, 2021, 9:47pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/38 "2021-05-11T21:47:22Z")

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That’s why I made 39$ in my first 48 hours of mining with 3 CHF in electricity costs?

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<div class="post-metadata">

### Author: ![mabi](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/mabi/32/3568_2.png) [@mabi](https://forum.mustachianpost.com/u/mabi)
#### Post date: [May 12, 2021, 4:04am UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/39 "2021-05-12T04:04:30Z")

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Thanks for sharing the numbers, it is impressive and in your case profitable. Looks like these AMD Ryzen CPUs make the difference. Too bad I only have Intel Xeons but I might try to scale up…

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<div class="post-metadata">

### Author: ![Cortana](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/cortana/32/2082_2.png) [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [May 12, 2021, 4:27am UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/40 "2021-05-12T04:27:59Z")

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![IMG_20210512_060005](https://forum.mustachianpost.com/uploads/default/original/2X/2/26af3c54b90e7b60e7be9f9f3ca8fd385b0e3cbe.jpeg)  
 ![IMG_20210512_060014](https://forum.mustachianpost.com/uploads/default/original/2X/1/1115b60e699fd6298db99d53254c269e8b999762.jpeg)  
 ![IMG_20210512_060654](https://forum.mustachianpost.com/uploads/default/original/2X/9/9bc9680f6a8a65a71bca42ba23ec9d07487352db.jpeg)

Case fans are set to 800 RPM. GPU clock -300Mhz, GPU memory clock +700Mhz, 230W power limit and 75% fixed fan speed. CPU/GPU temp is fine, VRAM temp 100-104°C (aim was to be below 105).

Getting 93Mh/s this way. Currently 20-25$/day and constantly exchanging it to ETH. Decided to keep the crypto and look into others aswell to diversify.

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<div class="post-metadata">

### Author: ![stojano](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/stojano/32/4182_2.png) [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [May 12, 2021, 4:31am UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/41 "2021-05-12T04:31:28Z")

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> [@Cortana](#):
>
> keep the crypto

yeah, 10$ now are 100$ in 2022…

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<div class="post-metadata">

### Author: ![Cortana](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/cortana/32/2082_2.png) [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [May 12, 2021, 2:16pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/42 "2021-05-12T14:16:46Z")

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I was able to buy a Asus 3090 TUF O24G from Digitec for 2299 CHF today. Despite massive overload in their shop system. I was very lucky, they just sold 24 of those and they were gone fast.

Now I’m going to sell my 3080 TUF for 2.3-2.5k and replace it with a much better card for free 😃

I will run my old PC with a Palit 1070 aswell, so I’ll should get to 150Mh/s in total. Profits these days are crazy from mining!

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<div class="post-metadata">

### Author: ![Yanikuza](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/yanikuza/32/4455_2.png) [@Yanikuza](https://forum.mustachianpost.com/u/Yanikuza)
#### Post date: [May 12, 2021, 4:30pm UTC](https://forum.mustachianpost.com/t/mining-best-strategy/6402/43 "2021-05-12T16:30:27Z")

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> [@Cortana](#):
>
> Now I’m going to sell my 3080 TUF for 2.3-2.5k and replace it with a much better card for free 😃

If you sell it for 900 - 1’000 CHF I would be interested 😂

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