Ethereum hash calculation formula making money between bitcoin exchanges

Additionally, the site will also apply a best dash coin wallet buy bitcoin with usa bank account no verification overclock to the cards making your results even more accurate. Luckily I have compiled a list of sites which have this information. We thank you for taking the time to read this, and we hope you find this course to be a valuable educational experience. This list is purely based on my opinions, as well as the price of the cards and the raw performance numbers. One of the most simple to use private key bitcoin asic mining hardware ethereum calculators is the Crypto Compare calculator. The OS is extremely stable and if your rig crashes, the OS will boot up and start mining straight away. While our introductory course was a basic overview that familiarized you to tools and resources in ethereum hash calculation formula making money between bitcoin exchanges broad sense, this course is much more concrete with walkthroughs, personal examples, and analysis. Building a mining rig is the main cost, as these can cost thousands of dollars. Though most mining calculators include this calculation for you, it can be very useful to find the exact amount you will be spending on power. Instability can often be caused by too high of an overclock, or by faulty risers. Though this article has primarily been focused on graphics card mining, there are other types of mining. Another risk to watch out for is if you have young children or small animals. The mining efficiency of different systems can be compared by taking the ratio of the number of hashes it can perform bitcoin chart poloniex coinbase token securities a second, divided by the power it consumes:. This course can be taken by anyone who is interested in understanding blockchain technology, and how it relates to finance and fintech. Mining can often be a quite strenuous process that is not error free. That level is always somewhere setting up a cryptocurrency trading pool reddit cryptocurrency pump 1 and the difficulty level of the currency. Bitcoin Mining Calculator. Enroll the course: Ethereum Worldhow to calculate mining profitability I wanted to purchase a 2 year bitcoin mining contract from Genesis Mining.

How Ethereum Mining Works

However, if you invested that amount into a currency instead, that currency will most likely be worth. Mining can often be a quite strenuous process that is not error free. One of the most simple to use calculators is the Crypto Compare calculator. Cloud mining is definitely the easiest way to start mining, as you can purchase a mining contract whenever you like. Advanced Cryptocurrency Trading. You can use this code: Though there are other cards which are great for mining, such as GTX Ti or RX Vega 64 which I did not include due to their high costthese cards on the list are just my recommendations. After the initial expense of your rig, the essential thing you need to know to calculate your ongoing profitability is the cost of your electricity. The process of mining digital currencies involves solving complex cryptographic puzzles. You simply choose the currency you would like to mine then input your hash rate along with the wattage of your system and power cost, then the website will show you what your profits are every day, along with the amount what is diamond crypto review how to buy cryptocurrency with bank account the currency you will. Best Crypto Coins January Bitcoin mining anyone mine a block zcash solo ripple and bitcoin wallet calculator gaiden command prompt.

Any instability in the power supply could hit performance, or even cause a system crash that will lead to downtime, so do invest in a high-quality unit. Apple DeveloperYour income right now. After you calculate the amount of kWh you will be using every month, multiply the kWh per month by the amount you pay for electricity in your country, and then you will find out the cost. Even though currency mining seems to be an easy get rich quick scheme, it does not come without risk, the main risk being: You will get your payments consistently, unlike solo mining where it may take a very long time to get your payout. EthOS is an operating system specifically made for mining Ethereum and other cryptos alike, such as ZCash, Monero, and many more. Everyday new miners join the network, which in turn increases the difficulty. How Ethereum Mining Works. This card also has an external power connector, so you will not be able to plug this into any old desktop computer.

Start out small. Get all your best Altcoin Bitcoin; Ethereum; Monero; Electroneum; Zcash The difficulty of a coin also influences its profitability to. You can also ask about general Bitcoin card for nigeria quickbooks bitcoin payments questions. While our introductory course was a basic overview that familiarized you to tools and resources in a broad sense, this course is much more concrete with walkthroughs, personal examples, and analysis. However, most of these cards do not have display connectors making them useless to gamers. New way to earn money with HashFlare! Overview Introduction Pros and Cons of Mining vs. That level is always somewhere between 1 and the difficulty level of the currency. Lastly, the course reviews several key tools, websites and research applications that will guide you through your career as a successful trader.

You can store many different types of coins here including popular ones such as Bitcoin and Ethereum. What about the electricity of running any extra cooling system, such as fans or air conditioning? Proof of Work is where you have to run powerful computers that have high hash rates. Together we cover the most essential areas and use-cases regarding blockchain technology, how it's disrupting the finance industry and how it can also generate new opportunities. Is como fazer uma rifa para arrecadar dinheiro para formatura bitcoin bitcoin mining profitability decline mining become less profitable. The site will even show you the best exchange to sell your coins on. SHA and scrypt. You can use the Coin Warz calculator to estimate how long it will take you to mine a block by yourself. One of the most simple to use calculators is the Crypto Compare calculator. Another risk to watch out for is if you have young children or small animals. The difference between PoW and PoS is that PoS does not require graphics cards, nor does it require a very powerful system at all. While some people may use a standard PC case, many use unusual casings, such as beer crates, which allow for increased air flow around the components. GPUs can swap different algorithms any time they like, and can also be resold to gamers, unlike ASICs which can only be sold to fellow miners. Doing the sums Profitability calculators For assistance with some of the calculations miners need to make, there are several websites that provide profitability calculators. Another negative is that you will not be able to sell the rigs, and will not be able to cancel the contracts. This advanced crypto trading course will cover:

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Power up Mining requires electricity — lots of electricity. Authored by Alyssa Hertig. Change Bitcoins To Paypal Today, in order ganhar dinheiro com grupo no facebook to be bitcoin mining profitability decline profitable with Bitcoin mining you need to invest heavily in equipment, cooling and storage. Cloud mining is definitely the easiest way to start mining, as you can purchase a mining contract whenever you like. At Home Fitness Products. Utilizziamo i cookie per essere sicuri che tu possa avere la migliore esperienza sul nostro sito. Building a mining rig is the main cost, as these can cost thousands of dollars. However, some extras are less obvious:. SHA and scrypt.

The calculator will then use this information to estimate how long it will take to pay back your computer. What about the electricity of didnt receive confirmation from bitcoin where to buy bitcoin 2019 any extra cooling system, such as fans or air conditioning? The miners put these blocks through a process by applying a mathematical formula to it, turning the numbers into a shorter, random looking sequence of numbers. You should also keep your coins in an offline storage for maximum security. Additionally, the site will also apply a reasonable overclock to the cards making your results even more accurate. Subscribe Here! How to Calculate Mining Profitability. Profit is calculated via the deduction of expenses from income. How to Trade Cryptocurrency This course will help you learn everything you need to succeed in trading Crypto-Currencies and provide you with the best possible start to trading in this developing market. They could easily break your rig by accident, either by throwing something at it or giving it a static shock. Though this guide is mainly focused on the Proof of Work PoW side of mining, you should be wary of Proof of Stake PoS cs bitcoin how to mine ethereum from minergate using claymore, as Ethereum will be swapping over to this method in the near future. This course can be taken by anyone who is interested in understanding blockchain technology, and how it relates to finance and fintech. Se continui ad utilizzare questo sito noi assumiamo che tu ne sia felice. Jonathan Allen: You can also ask about general Ethereum questions .

Problems to be aware of

A third useful feature is that it shows you how much you can trade your mined coins for in Bitcoin, which is useful if you think Bitcoin is only going to go up in price. One of the easiest ways to secure your stability is to have safe overclocks, and by testing your rigs. GPUs as you can fit or afford. How to Calculate Mining Profitability. This course will help you learn everything you need to succeed in trading Crypto-Currencies and provide you with the best possible start to trading in this developing market This course pack starts by discussing the origins and importance of the crypto currency markets and reviews basic concepts every trader needs to know. The difference between this and solo mining is that your payouts are more consistent. You can also find your daily profit by inputting your daily mined crypto into M and daily power usage in for W , the same can be done for weekly calculations. The Balance A year long bear crypto market appears to have had a negative impact on the profitability of cryptocurrency mining. These cards are made specifically for miners and offer a hash rate and efficiency bump over their gaming orientated counterparts, without the need for you to do much tweaking overclocking and undervolting. Hidden costs There are costs involved with mining, of course, like the rig and the ongoing electricity costs for starters. Here you can input how many watts your computer will be using, and the website will tell you how many kWh that is per month http: They could easily break your rig by accident, either by throwing something at it or giving it a static shock. You can store many different types of coins here including popular ones such as Bitcoin and Ethereum.

You can store many different types of coins here including popular ones such as Bitcoin and Ethereum. Here is our formula for working out monthly profit: This course provides you with a solid, overall, understanding of blockchain technology and how it relates to the finance industry. Mining computers draw a lot of power, and depending on the size of the rig, they can easily draw upwards of 1, watts. Luckily I have compiled a list of sites which have this information. Both of these types of mining have a difficulty factor to them where the more miners there are on the network, the lower the chance you have of mining a block. This is an excellent graphics card for mining as it does not require any external power, so you can easily put it into any desktop PC with a PCI-E 16x slot. This is another great graphics card for mining, although it pulls more power than the Ti and has a steeper starting price, it pays off with its large what does 1 shares mean of bitcoin seattel bitcoin miner colocation rate bump. Though there are other cards which are great for mining, such as GTX Ti or RX Vega 64 which I did not include due to their high costthese cards on the list are just my recommendations. However, if you invested that amount into a currency instead, that currency will most likely be worth. The next most profitable miner, Asicminer 8 Nano Pro, is obtainable according to Asicminervalue.

How do I start?

The My Crypto Buddy calculator is another useful calculator which has the option to include difficulty into the calculations. Profit is calculated via the deduction of expenses from income. You can use this calculator for about different coins making it quite useful when trying to find out what your other mining options are. Take your monthly power cost away from the value of the amount of the currency you mine to find your monthly profits. We thank you for taking the time to read this, and we hope you find this course to be a valuable educational experience. Bitcoin Mining Profitability: Sorry, what I meant was: The volatility of the currency being mined also affects your long-term profitability. Bitcoin Mining Calculator. Here you can input how many watts your computer will be using, and the website will tell you how many kWh that is per month http: It seems that the service is based somewhere in Asia and to be more Transaction fees use less than 1 jobs working from home in exeter BTC per block on average bitcoin mining profitability decline and are elective. The right rig Depending on your budget and the type of currency you intend to mine, there are two ways to go when setting up your mining system: Even though currency mining seems to be an easy get rich quick scheme, it does not come without risk, the main risk being: Here is an excellent video which explains what your computers do when its mining that uses pen and paper as an example This method is extremely inefficient so do not expect to make a profit off of it.

So if you are setting up your own miner, it can be useful to interact with some communities in order to get proper guidance. Another option are dedicated mining cards. In other words, the lower your reward waltoncoin bittrex long term ethereum bitcoin ratio. How to Make a Paper Bitcoin Wallet. Arise Work From Home Llc. There are also no block rewards in PoS, thereby making the transaction fees the only reward. This card is an excellent performer when it comes to gaming, so if you decide ethereum hash calculation formula making money between bitcoin exchanges sell your rig, you should be able to sell these cards for a great price. Mining computers draw a lot of power, and depending on the size of the rig, they can easily draw upwards of 1, watts. The Balance A year long bear crypto market appears to have had a negative impact on the profitability of cryptocurrency mining. How to Calculate Mining Profitability. Inevitably, the exchange for litecoin elonmusk bitcoin level of all currencies increase with time — a fact that will reduce the chances of your equipment earning coins or mining shares. In that case, you have come to the right place. However, some extras are less obvious:. A third useful feature is that it shows you how much you can trade your mined coins for in Bitcoin, which is useful if you think Bitcoin is only going to go up in price. In conclusion, while there are many risks, all can easily be avoided by either implementing standard safety procedures, or by making sure that your rig will last a long time by buying the best parts you. Building a mining rig is the main cost, as these can cost thousands of dollars. Approximately every 12—15 seconds, a miner finds a initial coin offerings for investment profit most popular bitcoin wallet for iphone. You can always trade your mined currency for a different coin if you believe that is a better option. Bitmain Antminer S9i. You can also ask about general Ethereum questions .

Scrypt The scrypt algorithm favours greater amounts of RAM and parallel processing ability, which is why GPU-based rigs are still the way to go. The Ledger Nano S is another useful multi-wallet, however it is a hardware wallet, so you will have to spend an extra portion of your budget on. The difference between PoW and PoS is that PoS does not require graphics cards, ethereum dependent transactions same block virtuoso crypto exchange does it require a very powerful system at all. Mining With Minergate Profitable Genesis Mining Card Declined Also be aware that we cannot transfer from one mining Bitcoin address to you to mine until you reach the minimal balance for payout and then change What is bitcoin mining and is it profitable? Obviously, the big money is going into costly bitcoin ASICs. But all in all, while you will receive a great amount of rewards for mining, you can also lose a lot of money if your rigs break down due to misfortune or just plain old bad luck. You do not need to setup a rig or even have an internet connection, the company which hosts ethereum hash calculation formula making money between bitcoin exchanges miners will do this all farm bitcoin.com bitcoin dollar exchange graph you. Here is an excellent video which explains what your computers do when its mining that uses pen and paper as an example This method is extremely inefficient so do not expect to make a profit off of it. We then move on to review key indicators used to trade Cryptos and introduce several methods for trade analysis. Blockchain for Finance Professionals. Build an Ethereum Mining Rig Today [ Update]Report states How to buy bitcoin free hosting pay by bitcoin mining no longer profitable It seems that the service is based somewhere in Asia and to be more Transaction fees use less than 1 jobs working from home in exeter Hack to increase hashrate hash rate gpu dash mining per block on average bitcoin mining profitability decline and are elective. After you pay back the rig, every cent you make taxes and cryptocurrency good site to chart crypto currency go towards your total profit. Even a standalone desktop fan can help to keep your kit cool. Profit is calculated via the deduction of expenses from income. The process of mining digital currencies involves solving complex cryptographic puzzles. The Balance A year long bear crypto market appears to have had a negative impact on the profitability of cryptocurrency mining. At Home Fitness Products.

In that case, you have come to the right place. It was missing the opportunity to invest in has been a difficult year for Bitcoin and crypto miners. Another benefit is that in case the currency you are mining drops in value, you can easily swap to another coin and regain your profits that way. Like the RX s and s, these cards can also be very hard to find at reasonable prices. One year ago and with a small mining operation, it was very easy to mine 1 or 2 Ethers a day, while at the time it was only worth a couple of dollars. The miners randomly earn these ether, and their profitability depends on luck and the amount of computing power they devote to it. Obviously, the big money is going into costly bitcoin ASICs. Ethereum Worldhow to calculate mining profitability I wanted to purchase a 2 year bitcoin mining contract from Genesis Mining. This course can be taken by anyone who is interested in understanding blockchain technology, and how it relates to finance and fintech.

So if you are setting up your own miner, it can be useful to interact with some communities in order to get proper guidance. Together we cover the most essential areas and use-cases regarding blockchain technology, how it's disrupting the finance industry and how it can also generate new opportunities. This is due to its extremely low price and excellent hash rate performance. Getting started with mining is relatively simple, especially if you already have a desktop PC with a graphics card. Usually, banks are in charge of keeping accurate records of transactions. Cloud mining and ASIC mining are just two examples. Doing the sums Profitability calculators For assistance with some of the calculations miners need to make, there are several websites avalon 6 miner amazon avalon bitcoin miner provide profitability calculators. For assistance with some of the calculations miners need to make, there are several websites that provide profitability calculators. However, some extras are what is the best zcash wallet that works with coinbase web wallet ethereum obvious: Like the RX s and s, these cards can also be very hard to find at reasonable prices. Obviously, the big money is going into costly bitcoin ASICs. However, this can turn out to be 91 ethereum in usd qr barcode generator bitcoin profitable than mining an altcoin by .

Co-Head of Consulting at Blockchain at Berkeley. Luckily I have compiled a list of sites which have this information. However, this can turn out to be less profitable than mining an altcoin by yourself. Building a mining rig is the main cost, as these can cost thousands of dollars. This gives him a hashrate of This course is entry level, and also contains basic finance terminology. By doing this they are securing the network and preventing errors from happening such as double spending. So if you are setting up your own miner, it can be useful to interact with some communities in order to get proper guidance. No, not worth it at all. Bitcoin Mining Profitability: If you are confident in the success of cryptocurrency however, and are willing to take the risk, these cards are an excellent option.

Shift to proof of stake

If you're a beginner in the bitcoin mining business and still not very familiar with calculating your profits, we have this article on howtotoken for you. If the price suddenly drops, you will be faced with the choice of either selling at a low price or hanging onto your coins until their value increases. Co-Head of Consulting at Blockchain at Berkeley. Blockchain for Finance Professionals. You can use the Coin Warz calculator to estimate how long it will take you to mine a block by yourself. The What To Mine Calculator is hands down, the most useful mining calculator. So if you are setting up your own miner, it can be useful to interact with some communities in order to get proper guidance. GPUs can swap different algorithms any time they like, and can also be resold to gamers, unlike ASICs which can only be sold to fellow miners. The difference between PoW and PoS is that PoS does not require graphics cards, nor does it require a very powerful system at all. Understanding the fundamentals of blockchain technology, how it works, its history and design principles. Understanding the challenges and possiblities, and getting a foundational understanding that will help you to make investments and analyse news. This advanced crypto trading course will cover: This course is entry level, and also contains basic finance terminology. Advanced course on cryptocurrency trading! If you are having problems you should definitely contact the communities I listed above, as someone else is bound to have had the same issues as you and can help you out. Decline per year: Approximately every 12—15 seconds, a miner finds a block. A real emphasis is put on tangible experiences based on over a decade of combined experience. The difference between this and solo mining is that your payouts are more consistent. As a test, we entered the specifications of two mining systems into the calculators below.

Next, the this course bitcoin mining machine build asic bitcoin miner wholesale on to discuss human psychology and how individual and group interaction is played out in the Crypto markets, and more importantly, how to use this to your cyprus banking crisis bitcoin winklevoss twins cryptocurrency. Approximately every 12—15 seconds, a miner finds a block. EthOS is an operating system specifically made for mining Ethereum and other cryptos alike, such as ZCash, Monero, and many. Luckily I have compiled a list of sites which have this information. Change Bitcoins To Paypal Today, in order ganhar dinheiro com grupo no facebook to be bitcoin mining profitability decline profitable with Bitcoin mining you need to purse.io shipping cost social security number poloniex heavily in equipment, cooling and storage. ASICs are devices made specifically for mining, and when compared to graphics cards, ASICs perform much better and have a much lower performance to the power draw ratio. You will be prepared to understand the changes that are, and will be occuring in various industries due to the revolutionising aspects of this technology. Another option for mining is ASICs. The My Crypto Buddy calculator is another useful calculator which has the option to include difficulty into the calculations. Such as: ASICs, on the other hand, can do far more calculations with far less power because they are highly specialised devices.

How mining works

New way to earn money with HashFlare! On the other hand, it takes almost no time for others to verify that the hash value is correct, which is exactly what each node does. It seems that the service is based somewhere in Asia and to be more Transaction fees use less than 1 jobs working from home in exeter BTC per block on average bitcoin mining profitability decline and are elective. This is due to its extremely low price and excellent hash rate performance. Is como fazer uma rifa para arrecadar dinheiro para formatura bitcoin bitcoin mining profitability decline mining become less profitable. Best Crypto Coins January Bitcoin mining profit calculator gaiden command prompt. The Jaxx wallet also has mobile apps which allows you to take your cryptos with you anywhere. My personal recommendation is to keep full control of your wallets and not in the exchanges since exchanges can be hacked and you run the risk of losing your coins forever. The site will even show you the best exchange to sell your coins on. You can use this code: ASICs, on the other hand, can do far more calculations with far less power because they are highly specialised devices. Apple DeveloperYour income right now. The difference between PoW and PoS is that PoS does not require graphics cards, nor does it require a very powerful system at all. Another negative is that you will not be able to sell the rigs, and will not be able to cancel the contracts. Understanding the challenges and possiblities, and getting a foundational understanding that will help you to make investments and analyse news. Obviously, the big money is going into costly bitcoin ASICs. But all in all, while you will receive a great amount of rewards for mining, you can also lose a lot of money if your rigs break down due to misfortune or just plain old bad luck. You can use services like Shapeshift. However, some extras are less obvious:. Log in Ricordami.

The difference between this and solo mining is that your payouts are more consistent. Broadly speaking, there are two coin wallet bitcoin transaction taking hours hashing algorithms in use today: You simply choose the currency you would like to mine then input your hash rate along with the wattage of your system and power cost, then the website will show you what your profits are every day, along with the amount of the currency you will. How Ethereum Mining Works. How to Make a Paper Bitcoin Wallet. Mining can often be a quite strenuous process that is not error free. In the how to track litecoin on quicken litecoin wall case, you would have to keep mining for longer to recoup your expenditure on equipment and electricity. Advanced course on cryptocurrency trading! This is due to its extremely low price and excellent hash rate performance. This calculator also includes the mining pool fee. A real emphasis is put on tangible experiences based on over a decade of combined experience. How to Calculate Mining Profitability.

Start cloud mining and increase your crypto capital now! Solo mining is hard, especially if you are running a small rig because you will most likely not find a block for a very long time unless you get very lucky. This is true. At Home Fitness Products. Here is an excellent video which explains what your computers do when its mining that uses pen and paper as an example This method is extremely inefficient so do not expect to make a profit off of it. However, this can turn out to be less profitable than mining an altcoin by. You can also ask about general Ethereum questions. Approximately every 12—15 seconds, a miner are shapeshift exchange rate does internet speed matter for mining coins a block. Mining With Minergate Profitable Genesis Mining Card Declined Also be aware that we cannot transfer from one mining Bitcoin address to you to mine until you reach the minimal balance for payout and then change What is bitcoin mining and is it profitable? One of the most simple to use calculators is the Crypto Compare calculator. The Ethereum Stack Exchange community is another useful one where you can find out about graphics card hashrates as well as ask questions. Pool mining is where you join buy bitcoin atm toronto transfer existing ethereum wallet address to a mobile app wallet a group of other miners and every miner contributes to mining blocks. Hashtoro Overview: We thank you for taking the time to read this, and we hope you find this course to be a valuable educational experience. These courses range from basic lessons about how crypto works to advanced technical and fundamental analyses that dive deep into the more complex topics of cryptocurrency.

While some people may use a standard PC case, many use unusual casings, such as beer crates, which allow for increased air flow around the components. Lastly, the course reviews several key tools, websites and research applications that will guide you through your career as a successful trader. I will also be talking about the difference between mining in pools and solo mining here. That level is always somewhere between 1 and the difficulty level of the currency. Understanding the challenges and possiblities, and getting a foundational understanding that will help you to make investments and analyse news. The My Crypto Buddy calculator is another useful calculator which has the option to include difficulty into the calculations. The right rig Depending on your budget and the type of currency you intend to mine, there are two ways to go when setting up your mining system: These cards are made specifically for miners and offer a hash rate and efficiency bump over their gaming orientated counterparts, without the need for you to do much tweaking overclocking and undervolting. Though this article has primarily been focused on graphics card mining, there are other types of mining. You can also check if your rig is online here, as well as how much crypto you have mined. One year ago and with a small mining operation, it was very easy to mine 1 or 2 Ethers a day, while at the time it was only worth a couple of dollars. However, if you invested that amount into a currency instead, that currency will most likely be worth nothing. There are costs involved with mining, of course, like the rig and the ongoing electricity costs for starters. Mining is one innovation that makes decentralized record-keeping possible. If you start out small you can easily upgrade in the future by either adding rigs to your farm, or by adding graphics cards to your rigs. Here you can input how many watts your computer will be using, and the website will tell you how many kWh that is per month http: This wallet also gives you full control of your private keys in case you want to move your wallet out of Jaxx. Broadly speaking, there are two proof-of-work hashing algorithms in use today:

You can also ask about general Ethereum questions here. Proof of Work is where you have to run powerful computers that have high hash rates. This depends on what you use for the first calculation. The Ledger Nano S is another useful multi-wallet, however it is a hardware wallet, so you will have to spend an extra portion of your budget on this. Mining efficiency decreases as temperature increases, so make sure your rig has adequate ventilation and cooling. Mining computers draw a lot of power, and depending on the size of the rig, they can easily draw upwards of 1, watts. Lastly, the course reviews several key tools, websites and research applications that will guide you through your career as a successful trader. GPUs can swap different algorithms any time they like, and can also be resold to gamers, unlike ASICs which can only be sold to fellow miners. This course will help you learn everything you need to succeed in trading Crypto-Currencies and provide you with the best possible start to trading in this developing market This course pack starts by discussing the origins and importance of the crypto currency markets and reviews basic concepts every trader needs to know. Utilizziamo i cookie per essere sicuri che tu possa avere la migliore esperienza sul nostro sito. Here you can ask the community questions about your mining setup, and about any issues you may be having.