It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
Here is an interesting project targeted at publicly tracking the purchases and value of the Bitcoin (BTC) held by the country of El Salvador or the Republic of El Salvador, a country that has made Bitcoin a legal tender on 8 June 2021 and since it has been purchasing Bitcoin on a government level thanks to its very proactive and pro-Bitcoin president Nayib Bukele. The El Salvador Bitcoin Portfolio Tracker does map the time an announcement has been made by the president that the country is purchasing Bitcoin and the price at which it was acquired and is also tracking the current total Bitcoins as well as their current value in USD and the total cost for acquiring them as well.
So, at the moment according to official data the country of El Salvador itself is supposedly owning 2408 BTC with a total value of a little over 40 Million USD at the current price of Bitcoin that is. According to the data of the unofficial user made tracker the cost of obtaining the little over 2000 Bitcoin is a little over 107 Million USD. So, currently El Salvador spent more USD to get their BTC reserve than it is worth at the moment, but instead of selling and thus losing money they are holding. Furthermore, the president of the country has publicly announced on November 18th that they are going to be buying 1BTC each day from then on.
– To check out the El Salvador’s Bitcoin Portfolio Tracker…
Apart from the El Salvador Bitcoin Portfolio Tracker, there is also one from the same author that tracks Microstrategy’s Bitcoin portfolio (Michael Saylor). This one is much larger in terms of Bitcoin currently held – 129999 BTC worth about 2.2 Billion USD at the moment. This one is down as well with the current price of Bitcoin, down from almost 4 Billion USD used for acquiring this staggering amount of BTC. Microstrategy is also not selling Bitcoin, even though they have slowed down the pace of their purchases with the last one being on September 20th. Talk about true Bitcoin believers…
– To check out the Microstrategy’s Bitcoin Portfolio Tracker…
Now that Ethereum (ETH) is no longer mineable crypto coin you don’t have to worry about its DAG size and the amount of memory you have on any Ethash mining hardware, or maybe this is not entirely true. Before switching from PoW (mining) to PoS (staking) Ethereum’s DAG size has already passed the 5GB size making it impossible for miners using video cards and ASIC miners with less memory to mine it. But since ETHW and ETHF are forks from Ethereum their DAG sizes are also over 5GB already, so mining these with older hardware is not possible anymore and it would take about a year and a half before these reach the 6GB DAG size…
So, GPUs and ASIC miners with 6GB or less memory will stop being usable for mining these Ethereum forks, but there are a lot of other “younger” crypto coins that have much smaller DAG size that are still mineable with older 4GB GPUs or ASIC miners and will be mineable for quite a long time in the future. EtherGem (EGEM) is a crypto coin that has recently passed the 4GB DAG size, and QuarkChain (QKC) is expected to reach it very soon later this month. Then there are also the latest additions to the Ethash crypto coins such as Proof of Memes (POM or ETH2.0) and PinkChain (PINK) that were just recently launched and still have just 1GB DAG size.
MinerStat has an interesting and useful Ethash DAG Size Calendar service available that gives you a list of most coins, though not all, that are Ethash and similar algorithms that are DAG-based and when they will reach certain sizes for their DAGs. There is also an easy DAG size calculator that will allow you to do some math on your own for the supported coins, such as for example to check when Ravencoin (RVN) will have a 6G DAG size (March 2027). This tool can be quite useful for anyone with older Ethash ASIC miners such as first generation iPollos with 4GB memory, Jasminer X4 with 5GB memory etc. as well as for GPUs with 3GB, 4GB, 6GB video memory etc.
– To check out the MinerStat DAG Size Calculator and Calendar…
It seems that Nvidia is getting ready to start shipping their CMP HX Dedicated GPUs for Professional Crypto Mining that were announced last month. The company is apparently taking pre-orders from their partners for deliveries starting probably in early April for the lowest-end mining model – NVIDIA CMP 30HX D6 6G. Nvidia has rated the 6GB CMP 30HX GPU at 26 MH/s with 125W of power usage for Ethereum mining, though with further optimizations 28-32 MH/s could be possible (like on RTX 2060 or GTX 1660 models).
The not so good news here, as we have expected unfortunately, is that you will be getting a “pro mining GPU” that is more-expensive, but comes without a video outputs, just 90 days warranty instead of 2-3 years and at a higher price than an alternative desktop GPU that could deliver the same mining performance. The expected end-user price for the NVIDIA CMP 30HX could be 10-20% higher than the already pretty high prices that RTX 2060 or GTX 1660 GPUs are available with the same level of performance.
So, the only advantage that you may get by purchasing the NVIDIA CMP 30HX D6 6G GPUs for mining is that you should probably be able to order in big quantities, something that is still hard to achieve with the problematic availability of GeForce RTX 2060 or GTX 1660 GPUs. Though you will have to pre-order and pay in advance for these Dedicated GPUs for Professional Crypto Mining from Nvidia and wait a few weeks for them to be delivered to you.
– More on the official page of the NVIDIA CMP HX Dedicated GPU for Professional Mining…