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Crypto Bubble Mania Free Money GPU Mining With NiceHash Continues...

Currencies / Crypto Mining May 04, 2021 - 02:03 PM GMT

By: Nadeem_Walayat

Currencies

Here is another reminder if you have not already done so to consider crypto mining in the background on your desktop PC with Nice Hash Quick Miner (payout's in Bitcoin), it's safe to do so, I do it with my desktops yielding £150 per month per pc after electricity costs, the requirement being an Nvidia GPU with at least 6gb of vram. Whilst AMD GPU's can use the regular Nice Hash miner that uses third party algorithms.


Mining Bitcoin On My Desktop PC For 3 Weeks - How Much Crypto Profit Using RTX 3080 on NiceHash

Video Contents:

00:20 Mining with NiceHash Intro
01:20 Limit GPU System Power Draw
02:58 3 Weeks Mining Earnings
03:38 Calculating Profitability
07:24 GPU settings for Mining in the background
08:46 Which GPU's are profitable
10:03 How long to crypto mine for
11:04 What to do with your bitcoin earnings
12.30 Spend Your Bitcoin when Price is High
13.30 Bitcoin Price Could CRASH
14:45 Mine whilst profitable to do so
16:33 What to do if Bitcoin Crashes

Again the current state of affairs of being able to get FREE money is time limited i.e. I can't see it lasting for more than about 3 more months, especially as EIP 1559 is coming in July 2021 when ethereum mining pay outs are expected to fall by at least 50%. So profit from the crazy crypto mania bubble free money bonanza while you can, and just as I do, don't hold on to your crypto's! What I do is transfer from Nicehash to Coinbase which is pretty straight forward to do and does not incur any fees, and from there I can spend the bitcoins, convert to other crypto's or withdraw to my bank account, whilst US users can also withdraw to their paypal accounts, but for now I mostly spend the crypto's given that a number of services offer discounts when paying in BTC.

The rest of this extensive analysis : LEARN TO INVEST - When to Buy and Sell AI Tech Stocks Such as GOOGLE has first been made available to Patrons who support my work.

Topics covered Include:

  • Stock Market Correction Time Window
  • FREE ACCESS TO MY PATREON CONTENT FOR SEVERAL YEARS!
  • GOOGLE Numero Uno
  • Why I Don't Even think about Selling Stocks such as Google
  • Google Opportunities in Stock Price Volatility
  • What Happens When One Sells Stocks One Wants to Remain Invested in for the Long-run?
  • RISK Of LOSS
  • How long to Invest For?
  • UNDERSTAND THE AI MEGA-TREND
  • Investing in Chinese Stocks - Baidu, Tencent etc.
  • INVESTING IN GOOGLE
  • BITE THE BULLET
  • The Inflation Mega-trend
  • Why Buying the Dip Can be More Dangerous than Buying the High

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

My analysis schedule includes:

  • More High Risk Tech Stocks
  • Bitcoin Price Trend Forecast
  • AI Stocks Buying Levels Update
  • UK House Prices Trend Analysis
  • How to Get Rich!
  • Learn How to Invest and Trade Reference Article
  • US Dollar and British Pound analysis
  • Gold and SIlver Price Analysis
For immediate access to all my work do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

And ensure you are subscribed to my ALWAYS FREE newsletter for my next in-depth analysis.

Your analyst locked an loaded for the next AI stocks discount sale that should soon start to materialise as per my forecast of 11th Feb..

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2021 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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