Tag Archives: Ethereum

Mining $DPR has better ROI vs ETH

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I’ve been GPU mining ETH for over 12 months, and DPR mining with Deeper Connect Mini for 6 months. I can say hands down DPR has a much better ROI than ETH.

If anyone has tried to set up their own ETH mining rig, it is clear that is it not a simple task. You’ve got to have good knowledge and experience in building Intel PCs, and even for a myself with 20 years experience, it was the first time I had to build one with 6 GPUs. That’s the first step, and the next is to keep it cool and run nicely 24×7.

Trying to keep ETH rigs running non-stop is another challenge.

The mining rig can hang in multiple ways and you’ll have to give it a reboot. So monitoring and reacting to issues is key to maximise your mining potential. It can hang in the middle of the night, and you’ll lose hours of mining rewards.

The learning curve to set up a mining rig, and to operate it well is not for everyone. Let alone that the threat of Ethereum moving to Proof-of-Stake is eventually going to happen. Sinking S$10K into a mining rig that makes like maybe S$10 a day is going to take over 2.5 years to breakeven.

In other words, if you want to start ETH mining now with new investment, think twice.

Mine $DPR instead of $ETH

Consider this as an alternative, join Deeper Network’s DPN. In a nutshell, it is a VPN solution, that has no subscription. DPN is short for Decentralised Private Network. You put a device on the Internet, sharing your home internet connection and at the same time you get to earn a passive income.

Low barrier of entry – To get started with mining DPR you will need a specialised hardware, but it is so much cheaper to buy than a decent GPU like the RTX3070. As of this post, there are 2 options, the Deeper Connect Mini (UP US$349), and the Deeper Connect Pico (US$248). I have both, and if you are a serious miner, I strongly recommend the Mini. It is very stable, and you can almost set and forget. Use my referral links to get 5% off the purchase. (Or coupon love_jasonyzs when you check out)

Easy to set up – Both the Mini and Pico are really easy to set up, there are two main steps, first is to get the device on to your home network, and second is to enable mining. Both steps are relatively easy, and I’ll have subsequent posts to take you through. The good news is the Deeper Connect is going to make the second step even easier in coming firmware releases.

Earn between $0 and US$5.24 a day – US$157.31 per month (30 days). These numbers are based no today’s price where each DPR is US$0.0319. That is pretty good returns, and your ROI with the mini is in just over 66 days!! (I’ll go into the details in an upcoming post, it does require staking to the max with 100,000 DPR).

Sustainability – crypto projects are very much like any startups, there will always need a start for quick adoption, and then move towards sustainability. I’ve been following the project since Dec 2021, and they definitely have the right ingredients to make this successful. They have positioned themselves to be the web 3.0 platform, and the roadmap looks very good. The team have proven themselves to be able to execute and to bring their vision to fruition. I’m so ready for what they will dish out next.

DPN is after all the primary use case

The primary purpose of the device is to give you “VPN Service” for life. I’ve used it myself and it works pretty well. So if having access to say an upcoming sports event stream from a different country is something you fancy, this can be a good solution for you. Nothing like being able to catch your favourite shows and have a passive income with the same device!

Order your units now

Deeper Network is running a campaign for almost 7 days more. You can win yourself a Mini, Pico or NFT. Please join using my referral https://wn.nr/UEYDqL and I with you good luck!! Campaign ends on 23rd May (Mon) at midnight UTC.

Congrats to those of you who won!!

If you are eager to get started, buy your units ASAP!! Here are my referral links.

DYOR – Do your own research. I’m a tech guy, not a financial advisor. Hope you enjoy learning about some tech from my posts. I am not qualified to write about financial advices, and please make your own decision. What I will say, only spend what you can afford to lose. Things are way too unpredictable in the cryptoverse. Have fun and good luck!