A mining farm was recently spotted on Flexpool that appears to incorporate GeForce RTX 4090 Ti and AMD Radeon RX 7000 GPUs. While there's no way to verify if the parts are indeed next-gen AMD and NVIDIA hardware, the farm's 4.3 TH/s hash rate suggests that high-performance parts are at work.
https://www.notebookcheck.net/Alleged-GeForce-RTX-4090-Ti-and-Radeon-RX-7000-mining-farm-spotted-on-Flexpool-delivering-nearly-4-million-dollars-per-month-at-4-3-TH-s.584819.0.html
Cringe fake news, courtesy of Wccftech.
Hassans imaginations.
What the hell is a mining farm? And is it legal to use Nvidia and AMD product name for something else?
Crypto is such a two-edged sword. On one hand, it is essential to anonymize monetary wealth and transactions, but on the other hand, the way it is farmed is wasteful on natural resources. But then, I suppose our usual usury-based monetary system is a sham too. People literally work themselves to death to pay for non-stop growing piles of debt.
Quote from: Uh on December 13, 2021, 16:41:51
What the hell is a mining farm? And is it legal to use Nvidia and AMD product name for something else?
Uhhh where have you been in the last 5 years?
This is a really bad attempt at clickbaiting The boxes in the picture cleary show that those are 3060TIs not 4090TIs
They probably only posted that as the pic as there aren''t any pictures of either of the next gen cards...
Seriously Miners need to just die. If Empty shelves wern't already a kick up the backside. The ODMs are now actively seeking to get the prices upwards of 2000$/€/£ for their tat with a lifespan of weeks till their competitor releases the next piece of vaporware.
Quote from: Fedad on December 13, 2021, 17:14:54
Crypto is such a two-edged sword. On one hand, it is essential to anonymize monetary wealth and transactions, but on the other hand, the way it is farmed is wasteful on natural resources. But then, I suppose our usual usury-based monetary system is a sham too. People literally work themselves to death to pay for non-stop growing piles of debt.
If it really were a guaranteed income of 4M$ a month I think I could afford a few grand for the lecy. As to how green it all is? You would have to address that question to my Wallet.
Which will hopefully be fat on these small little "Green" pieces of paper that are on the whole not unhappy. Unlike myself, even with my Huawei Digital (Smart) Watch. So yes do ask me about the whole global warming scam. (Sheesh if only. The Green I could save just on trying to keep warm over the winter months)...
f**k mining and miners and scalpers. Hell, this crap is the reason why no reasonable person can get their hands on a good graphics card these days.
Obviously image is random from google. I will not be surprized if those cards are out in limited quantities and sold to large miners. If you look on youtube, there are miners who have hundreds of 3080 cards and they all look the same, this means they didn't buy one by one in different stores. This been happening to ASIC miners, manufacturer sells limited quantity to large farms and keeps the rest to mine themselves, the cost of all production is paid by miners to bought them. Innosilicon is one of them, normal person can't buy one.
The real question is why should you get anything for mining for something that has no true human value, or worth, wastes energy. Now if it was finding a cure or innovation , or a new theory, that would make sense and would be worthy. In order for Bitcoin to become a new standard it should be a new stable currency, not fluctuating because of speculation.
It says 3060ti on the boxes
Now why would anyone claim they have an mess of Next Gen Cards? Think about it, they're probably the thieves responsible for the GPU truck heist, and instead of boasting about having a mess of current gen cards, which would be suspect. They try to essentially brag about their hash rates and theoretical income capability, without data on cost of such a project. Then to try and cover up any possible suspicion, since they just had to brag, they try to pass them off as next gen cards which don't exist.. And, if it's an actual photo of their setup and not a stock photo. The truck heist was from EVGA.. We have a winner!! Busted!
The reason for the picture is because the writer wanted people to know what a mining rig looks like. They said the information was from flexpool. Not a Facebook or insta post. So he did not have a picture of the new 4090s
Yep now we see nvidia and amd just making mining themselves instead of selling gpu to the public
This is a pic from nichash's tutorial from early 2021 on the most profitable mining rig in 2021. The tutorial uses 3060 Tis and shows this pic. The above is another fake story to try to alienate miners.
So no one notice that all the boxes in the backround are 3060 ti boxes except like one person? This wasn't hard to figure out. The person who wrote the article should have either look at the picture more closely or this is just click bait.
This article is written so poorly that the person states the the user makes a certain amount in a month but where is the data that backs this up...there's no proof to back this article.. this is a crappy article with no sources no proof nothing here is reliable....
Dipshits like these people are the reason why GPUs are so much and extremely hard to get nowadays.
Are you people serious?? The picture is obviously only an illustration photo, flexpool doesnt have farm photos of their miners,. Some commenters here arent very bright.
What the piece of crap I just read.
Very poorly written article, no doubt the auther has wrote 500+ articles in 2 years.
Quote from: Jimmy Felderlane on December 15, 2021, 09:26:16
What the piece of crap I just read.
Very poorly written article, no doubt the author has wrote 500+ articles in 2 years.
KYS
Fake news, 40 series doesn't exist nor does 7000 series AMD
some people don't RTFA. I didn't even RTFA in its entirety. summary: the picture is for people who don't know what large-scale GPU mining looks like, the worker nodes are named after the high end GPUs you are looking for, but you can name your worker nodes whatever you like, I named my 1.6TH/s (supposed to be 2+ TH/s) Cointerra Terraminer IV 'Sony Playstation 3' back in the day, but nobody thought it was a PS3 actually hashing SHA256 that hard. but these people might actually have connections and DO HODL these GPUs. maybe Malaysia will stop selling GPUs to the rest of the world and leave the rest of the world in the stone-age as they become a break-away civilization.
I really hope that whomever invests in crypto, looses everything.
It absolutely deserves to crash and be obliterated by the powers that be.
Any argument you have to legitimize this horrid form of currency is absolute nonsense.
Sad ... destroying the environment and the market. Absolute wet wipe virgin salads.
It's fake dummy
Wow people in here are really foolish. First of all for believing any 40xx or 70xx exists..they do not.
And second of all, for people talking smack about crypto; You know nothing.
Good luck with your useless, air-backed fiat.
Crypto is solving real world problems and creating generational wealth. It is already making absolutely everything that it touches better.
Invest or shut up.
Certainly no one is losing money.
I'm using a defi project as a bank and making 10-20% per week, compounding interest, on coins that are stable.
That's about 100,000% apy with the autocompounding interest.
Have fun with your 2% apr.
The US Dollar is as worthless as the US govt, as is the entire banking sector(who is now getting into crypto by the way, because it solves literally all of their problems).
I don't understand why you would want to prevent people from having opportunities. This is why I say that you know nothing, and are hating senselessly. Crypto is bringing banking to those who have not had the opportunity to ever have a loan. It is allowing the every-man to have part ownership in assets that only billionaires have access to. It destroys traditional finance in all regards. It's used for everything from charity to creating virtual universes with fully functioning digital economies(gaming).
Please continue to hate, to scare others away from crypto. This way, those of us who are purchasing assets now, can make millions for being early adopters, laughing while we take crypto loans out on our crypto assets.
Cashing out is not the endgame. Why the hell would you want to sell your crypto for useless fiat? No, you sell fiat for crypto and leave it.
So thank you for hating crypto for another few years before you can actually comprehend what is happening here.
When you finally realize the power of crypto in 5-10 years, you can buy in and provide liquidity for those of us who are ready to take profits.
Reinvest.
Never convert crypto to fiat
"Certainly no one is losing money."
Money is lost
1) by some of those crypto investment losers financing the winners,
2) if / when the bubble crashes, by the investors still holding crypto,
3) by mankind paying for the climate heated by mining,
4) by those needing GPUs or some other chips for purposes other than mining.