I just signed up at the forums to comment on this article after seeing a lot of people bashing it. I have been a long time reader looking for information and reviews about hardware, and came here today to get some more base settings for my primary and only display card, a 3080. I agree that Toms is for enthusiasts, and there is nothing here for pro level miners. They have enough in the game that they have figured out the best settings for their cards already.
In answer to digitalgriffin
I'm very anti mining:
- It causes artificial inflation on component prices
- It's bad for the environment in general. The mining in the world consumes energy for mining more than several of the largest states combined.
- The biggest users of Crypto are buying stuff they shouldn't, or using it to blackmail people. It funds terrorist states like Iran and N.Korea.
1) Yes, this isnt good. But I dont think this article will change anything, only help gamers.
2) 100% agree. Its great that the Etherium community have recognized this and are progressing their tech to end mining. They are working to upgrade the network to make it more scalable, and swap from the original proof of work (mining) to proof of stake (owning Etherium, and running a node or a pool to do only signing of transactions, no computations just for the sake of it).
https://ethereum.org/en/eth2/ and
https://ethereum.org/en/eth2/vision/ . This is unlike bitcoin which has generally not innovated. If you think like this, you should like Etherium and their direction.
3) This also applies to cash, and anything of value that can be traded over the internet. A scaled up, and cheapened (lower fees) Etherium network will enable small and quick transactions. This will be more useful to regular people.
They have also recently approved EIP1559 (Etherium Improvement Proposal 1559) which means that instead of paying crazy high fees to miners, the fees are lowered (to users) and burnt (payed to nobody). This will reduce mining profitability as soon as July and prior to the switch of Proof of Stake which is likely to be 2022 (and end mining on the Etherium Network).
https://medium.com/@TrustlessState/...ece-to-ethereums-monetary-policy-58802ab28a27
Regarding nicehash, check out the controversies section of their wikipedia page and then decide if you want to work with them. The founder has been prosecuted for a malware botnet. They also recently run a smear campaign against phoenixminer, you can read about that around here in the official thread.
https://bitcointalk.org/index.php?topic=2647654.msg56515763#msg56515763 . Its possible Nicehash is fully legit in 2021, but understand the risk you take.
I wouldnt recommend anyone buy hardware to mine. EIP1559 changes, network hashrate difficulty rising, and eventually switch to PoS will mean profits will keep going down. And I expecte smaller coins will be forgotten. But if you have a card for gaming and you want to hold on to a bit of Eth for a few years and see if it delivers what its supposed too (and maybe stand to pay a chunk off your mortgage if it overtakes bitcoin on its technical merits and greater usefulness) I say go for it.