The Mining Network, GPU Mining

The Mining Network, Cryptocurrency Mining Matrix MIning

ASIC Mining, David Gawler

The Mining Network

GPU Mining

GPU mining utilizes one or several GPU (graphics processing unit) cards for mining cryptocurrency. GPUs can process hashes much faster than CPUs, but not as fast as ASIC. GPU mining is typically reserved for mining altcoins due to the high mining difficulty of bitcoin.  

A great example of another coin to mine with GPU mining is ERG, Conflux CFX, Firo, Ravencoin, NEOXA.  All these GPU mining cryptocurrencies utilise GPU mining software, specialist computer, network and various IT hardware.  You need to know what you are doing when you are mining and what wallets to use for each cryptocurrenncy.  It is very easy to get confused or conflicted with just the amount of information there is out there about Cryptocurrency Mining.  Mostly, the mood is negative but here at The Mining Network. 

The Mining Networks puts a positive spin on cryptocurrency and their pluses.  While it is true, many negative things can exist about cryptocurrencies, the positives outway the negative, in 2022 and beyond, cryptocurrency and bitcoin is all but matured and readily available as a worldwide mass adoption.  Wherever there is decent internet speeds and internet reliability.

As The Mining Network.  Cryptocurrency & Bitcoin has many positives. ASIC & GPU Mining has changed my life and could possibly change your life & have a positive impact globally.

This is important to where things must have a positive impact on society.  Generally, speaking.  The Mining Network Calls Cryptocurrency & in particular Bitcoin, the legitimate 7th wonder of the world, no question, certainly, in the technology sense. 

GPU mining you can start cheaply and mine with your gaming computer with 1 x graphics card with e.g. NVIDIA 3060 or 3070 MSI Gaming X or MSI Ventus models.  In reality, any NVIDIA 30XX will be great. If you have a NVIDIA MSI 3060 x 1 in your gaming or high-end computer then you ocan start earning approximately $1.50 USD cents per day.  This might not sound like much but x 365 days per year then it all ads up at a total fo $547.50/yearly income.

If you have 12 NVIDIA graphics cards that of 3060’s then $1.50 USD x 12 GPU 3060 is  $18 per every day. The amount per year then ends up being $6,570.00 per year. Peopole need to buy good quality, VERY Specific business grade computer components, hardware, networking and IT products to get this up and running.  Most people and infact, 90% of people worldwide fall well short on building a cryptocurrency mining system.  Thats where the mining network comes in. 

The Mining Network can build and customise your GPU mining cryptocurrency mining system from scratch and maintain it after you have it installed. You can have it hosted by the mining network or have a 12 GPU mining systems at your house or business.

You should have a space seperated like your garden shed (with power), car garage, attic, spare room with good airflow & generally cooler air circulation.  12 GPU mining is perfect if you have About $8,000 USD/AUD + GST.  The lifespan over the hardware, cryptocurrency mining equipment is 10 years.  

Even on a low side, earning $6,570 per year over 10 year period is $65,700 for a 12 GPU minig rig. Pretty good reurn on investment for a basic 12 GPU, 3060 mining system.  While cryptocurrency coin prices do fluctuate wildly but as a baseline.  If you have low power cost, per kilowatt hour for your electricity cost or you pay for your electric out of your own money then you will always generally win with cryptocurrency mining.  12 GPU mining cryptocurrency coin ERG as it is a great alternative option to mine with 12 GPU’s with 3060 from NVIDIA.

THE MINING NETWORK suggests you think carefully about your individual and financially viable situation.  NEVER take out any loan or borrow money to get into cryptocurrency mining.  USE your own money to buy a genuine 12, GPU NVIDIA 3060 mining cryptocurrency rig.

If you want to get started with just a 1 GPU cryptocurrency mining rig to see how it all works on at a cost effect price.  This can start you around buying a 1 x GPU cryptocurrency mining rig with NVIDIA 3060 for $2,000 delivered.

12 GPU MINING RIG STARTER

HARDWARE INCLUDED & CONFIGURED

MOTHERBOARD, GRAPHICS CARD, USB HARD DRIVE, RAM, VEDDAH STACKABLE RIG, POWER SUPPLY, KEYBAORD, MOUSE,  MONITOR, NETWORK CABLE, VEDDAH RIG FANS, POWER ON SWITCH, RISER, 

SOFTWARE INCLUDED & CONFIGURERD

LINUX, HIVEOS
NBMINER

Note: Your miner configured to your exact wallet address as you request.  e.g. ERGO Core Wallet Address or noteable exchange like ERG wallet address for KuCoin, CoinEx.  The simplest way is to manage your rig with nice hash and use coin jar.  Most legitimate exchanges carry bitcoin mastercards.  

The mining networok suggest to deposit your cryptocurrency mining income into your bitcoin mastercard or ultimately cashout to your verified bank account.

CoinEX is a great cryptocurrency exchange to swap and sell your ERG to Bitcoin.  Once you have enough Bitcoin with your CoinEX exchange then you sell/move your cryptocurrency to any exchange you want like Coinbase Bitcoin, Coinjar Bitcoin, Exodus Bitcoin, Blockfi Bitcoin.

You can send to any legitament bitcoin cryptocurrency wallet address of yours from Coinex to Coinjar Bitcoin Wallet Address Account.  Make sure you send Bitcoin Wallet Address To Bitcoin Wallet Address.  Never send Bitcoin Wallet Address to Ethereum Wallet Address for example, your cryptocurrency will be lost for ever.

If you wish to send cryptocurrency Ethereum then you need to send your Ethereum Wallet Address To Ethereum Wallet Address over Coinex Cryptocurrency Exchange to another exchange like Coinbase, Coinjar, Exodus Ethereum Wallet address.  Make sure your cryptocurrency wallet address is exact when you send your cryptocurrency as well or it will be lost for ever. 

SAMPLE CRYPTOCURRENCY SENDING BITCOIN TO ANOTHER BITCOIN EXCHANGE

COINEX BITCOIN SEND TO COINJAR BITCOIN WALLET ADDRESS – Will Work.
COINJAR BITCOIN SEND TO COINEX BITCOIN WALLET ADDRESS – Will Work.

Never send Coinex Bitcoin to Exodus Ethereum Wallet Address, it will fail and lose all your bitcoin in transfer for good.  This is bad.  You need to send bitcoin to bitcoin wallet address.

You must do this for bitcoin to bitcoin wallet addresses to work across cryptocurrency exchange, make sure you double check everything is correct when you send cryptocurrency.

COINEX BITCOIN SEND TO COINJAR BITCOIN WALLET ADDRESS – WILL WORK
COINJAR BITCOIN SEND TO COINEX BITCOIN WALLET ADDRESS – WILL WORK

HOW TO USE CRYPTOCURRENCY EXCHANGES CORRECTLY
COINEX

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