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Fauxtool posted:you should have held on to it. You could be rich in 40 years when the exchange you're holding them in steals all your coins That's what I'm doing!
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Jun 29, 2017 07:57
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why eat burritos now when you can eat Lamborghini's later
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Jun 29, 2017 08:12
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Fauxtool posted:why eat burritos now when you can eat Lamborghini's later My thoughts exactly! Sumptuous.
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Jun 29, 2017 09:22
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of course i DID read the part of the OP where it says "Don't invest money in this!!!!" what i'm pondering now is how stupid would it be to drop the change for an nvidia direct 1070 (still $399) and mine buttcoin to hopefully pay for the rest of say a ryzen 5 rig. I'm currently running a core2 q9450 and a gtx 660ti and its gettin pretty drat long in the tooth. I'm a poor but i could proboably swing 400 bux for that card easier than say, the 900 for a complete rig. i suppose in the worst case scenario i'd be stuck with a 1070 with the ancient C2Q if the bubble bursts too soon... so: kind of silly or a really loving retarded idea?
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Jun 29, 2017 13:27
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Yo so I'm getting in on hopefully fleecing some ponzi scheme retards out of real money too. I have 3 computers with graphics cards (1 x 1080Ti, 2 x 1050Ti) with high uptime for various non-imaginary-money reasons and I'm getting them all running now. I admit I didn't get into the details of how it works because I don't care, just mashed butan when it told me to, and I'm certainly not going to gently caress with overclocking anything. However I am curious as I am doing the nicehash / coinbase thing in the OP. How often do mined buttcoins show up in your Vault on Coinbase from Nicehash? Is it when it hits a certain amount? A CRAB IRL fucked around with this message at 13:39 on Jun 29, 2017 |
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Jun 29, 2017 13:37
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inkwell posted:of course i DID read the part of the OP where it says "Don't invest money in this!!!!" what i'm pondering now is how stupid would it be to drop the change for an nvidia direct 1070 (still $399) and mine buttcoin to hopefully pay for the rest of say a ryzen 5 rig. I'm currently running a core2 q9450 and a gtx 660ti and its gettin pretty drat long in the tooth. I'm a poor but i could proboably swing 400 bux for that card easier than say, the 900 for a complete rig. i suppose in the worst case scenario i'd be stuck with a 1070 with the ancient C2Q if the bubble bursts too soon... Probably stupid? The profit from my 1080ti has gone from $11 to $5 to $8 in the course of like a week so I wouldn't expect any sort of guaranteed return from any mining-related purchase. If you just want to buy a 1070 anyway as an upgrade it might offset some cost but I wouldn't go buying any cards specifically to mine with.
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Jun 29, 2017 14:12
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inkwell posted:of course i DID read the part of the OP where it says "Don't invest money in this!!!!" what i'm pondering now is how stupid would it be to drop the change for an nvidia direct 1070 (still $399) and mine buttcoin to hopefully pay for the rest of say a ryzen 5 rig. I'm currently running a core2 q9450 and a gtx 660ti and its gettin pretty drat long in the tooth. I'm a poor but i could proboably swing 400 bux for that card easier than say, the 900 for a complete rig. i suppose in the worst case scenario i'd be stuck with a 1070 with the ancient C2Q if the bubble bursts too soon... Good luck finding a 1070 at $399. The supply and market price of all cards which are reasonably good at mining have been severely distorted by crazy miners. And worse case scenario is if the market crashes and your $399 card is only worth $150 on the resale market as everyone tries to dump their cards at the same time. Clamps McGraw posted:Yo so I'm getting in on hopefully fleecing some ponzi scheme retards out of real money too. I have 3 computers with graphics cards (1 x 1080Ti, 2 x 1050Ti) with high uptime for various non-imaginary-money reasons and I'm getting them all running now. I admit I didn't get into the details of how it works because I don't care, just mashed butan when it told me to, and I'm certainly not going to gently caress with overclocking anything. From the nicehash faq (https://www.nicehash.com/index.jsp?utm_source=NHM&p=faq#faqs6) All payments are fully automatic - as a seller all you have to do is to reach a certain threshold and you'll be then paid automatically. Sellers are paid on PPS (Pay Per Share) system under the next schedule: - Once per day for NiceHash-wallet unpaid balances, greater than 0.001 BTC. - Once per day for external-wallet unpaid balances, greater than 0.1 BTC. - Once per week for external-wallet unpaid balances, greater than 0.01 BTC. You can check when exactly you will be paid by clicking the "Check my stats online" link next to your bitcoin wallet address in the client.
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Jun 29, 2017 14:16
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Fruit Chewy posted:Probably stupid? yeah, like i said, buttmining would be more just a means to an end (possibly helping pay for the rest of a computer upgrade) but i guess it looks like i shouldn't count on getting enough of a return to say, replace my old rear end cpu/mobo. welp *sigh* gonna go back to wistfully making partspicker lists to dream about :P
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Jun 29, 2017 14:25
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inkwell posted:yeah, like i said, buttmining would be more just a means to an end (possibly helping pay for the rest of a computer upgrade) but i guess it looks like i shouldn't count on getting enough of a return to say, replace my old rear end cpu/mobo. welp *sigh* gonna go back to wistfully making partspicker lists to dream about :P They are actually also backordered from nvidia direct even so you've got that to take into consideration. That being said the 1080 was like $449 on EVGA B-stock the other day which isn't much more than a 1070FE so you could always keep an eye out for poo poo like that if you're just generally upgrade hunting.
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Jun 29, 2017 14:38
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Fruit Chewy posted:They are actually also backordered from nvidia direct even so you've got that to take into consideration. That being said the 1080 was like $449 on EVGA B-stock the other day which isn't much more than a 1070FE so you could always keep an eye out for poo poo like that if you're just generally upgrade hunting. ah, cool thanks. whats b-stock?
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Jun 29, 2017 14:49
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Is there a preferred, objective site that documents major cryptocurrency scams? A friend is touching the poop, has done no research about the caveats and pitfalls of all cryptocurrency, and is surrounded by people that are all-in to cryptocurrency trading themselves, so there's a poo poo ton of group think going on. I'm personally not trying to influence the friend one way or another - I just want an objective source of information about all of the bad poo poo that has gone done with regards to cryptocurrency. They already know the (potential) upsides of cryptocurrency.
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Jun 29, 2017 15:04
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bobfather posted:Is there a preferred, objective site that documents major cryptocurrency scams? A friend is touching the poop, has done no research about the caveats and pitfalls of all cryptocurrency, and is surrounded by people that are all-in to cryptocurrency trading themselves, so there's a poo poo ton of group think going on. https://en.wikipedia.org/wiki/Mt._Gox https://www.cryptocompare.com/coins/guides/the-dao-the-hack-the-soft-fork-and-the-hard-fork/ Holding on exchanges puts your earnings at risk with no recourse. Having a personal wallet is an exercise of securely and safely holding all the keys to the wallet, lose the keys lose your earnings.
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Jun 29, 2017 15:06
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Risky Bisquick posted:https://en.wikipedia.org/wiki/Mt._Gox Thanks. I'm going to forward this along with some info about mutual funds as alternative investments and pray they educate themselves and diversify in a safe way!
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Jun 29, 2017 15:14
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inkwell posted:yeah, like i said, buttmining would be more just a means to an end (possibly helping pay for the rest of a computer upgrade) but i guess it looks like i shouldn't count on getting enough of a return to say, replace my old rear end cpu/mobo. welp *sigh* gonna go back to wistfully making partspicker lists to dream about :P You'll be better off financially waiting for the current batch of 1060s and 1070s to become non-profitable for mining and snatch one up used when they all get dumped. Actually you would probably be best off upgrading your CPU before the GPU. I was running an AMD FX-4100 with my 1060 and it was horrifically CPU bottlenecked. Hopefully Coffee Lake will cause prices to drop on current generation Intel CPUs.
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Jun 29, 2017 15:15
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inkwell posted:ah, cool thanks. whats b-stock? EVGA Website posted:B-Stock Products are units which may have small scratches, small dents, or noticeable use. B-Stock products are Factory Recertified to meet the performance and reliability of a new product of the same model. B-Stock products do not come with any optional accessories and only include the accessories required to use the product as listed below. The prices are based on MSRP so they're kind of unattractive for anything other than the newest generation, at least right now. Eletriarnation fucked around with this message at 15:22 on Jun 29, 2017 |
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Jun 29, 2017 15:19
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How are people getting these standardized MH/s figures to compare to one another?
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Jun 29, 2017 15:52
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bobfather posted:Is there a preferred, objective site that documents major cryptocurrency scams? A friend is touching the poop, has done no research about the caveats and pitfalls of all cryptocurrency, and is surrounded by people that are all-in to cryptocurrency trading themselves, so there's a poo poo ton of group think going on. Not really. The RationalWiki article hardly gets into the scams and is in serious need of updating. I have the book (now up for preorder !! ) but I'm openly scathing about it. Best recommendation is indeed the Wikipedia articles on this poo poo collapsing, even though the crypto articles on WIkipedia are plagued with promotional advocates.
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Jun 29, 2017 16:28
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B stock is refurb and step ups.
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Jun 29, 2017 19:25
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Bought 2 1070s, returned one cause it mined too slow and hot  E:didn't mean to quote
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Jun 29, 2017 23:23
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Shifty Pony posted:Actually you would probably be best off upgrading your CPU before the GPU. I was running an AMD FX-4100 with my 1060 and it was horrifically CPU bottlenecked. Hopefully Coffee Lake will cause prices to drop on current generation Intel CPUs. Inkwell, I'm with this guy. I was running a GTX 660 until January on my 3770K machine, and went to an RX 470 with twice as much VRAM for basically no benefit in Overwatch (on a 60hz TV). I'm sure I'd have seen benefits if I ran Doom on Ultra or something, but I never got around to it before I sold it in the mining craze. I could still happily use my 660 today on many games I like if I hadn't sold it, but your CPU I think is ages below mine, and mine hasn't been state of the art since 2013. Get your Ryzen 5 up and going, and buy a GPU for Black Friday deals or something. Don't be like me: the guy on iGPU wishing for a $350 1070 but willing to bite on a $375 one.
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Jun 30, 2017 00:05
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FX is loving terrible, CMT isn't a real core, it's more like a hyperthread so you're basically running on the circa-2012 AMD version of an i3. I mean it's your money or whatever but if you're gaming and you want more frames that should be first on your list, I loving guarantee you're horrifically bottlenecked on your CPU.
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Jun 30, 2017 00:34
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You got the posts mixed up. The guy whose looking at upgrading is running an old Intel quad core Yorkdale from 2008, and wants to put a 1070 FE into it. That's almost this bad.
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Jun 30, 2017 00:41
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I have an i7-7700 now. It was quite the jump.
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Jun 30, 2017 00:42
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Seems like 1070s are basically 1/2 power r9 390s at hashing, less heat/noise too. They will also survive DAGageddon unlike the RX series. Selling the R9 390 for $325 tomorrow, no ebay/pp fees involved. ed: I'm hashing in perfect silence... Risky Bisquick fucked around with this message at 01:47 on Jun 30, 2017 |
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Jun 30, 2017 01:44
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Yeah the 1070 is a good mining card, seems to get more out of overclocking than my 1080 Ti does too. Vega in its current form on the other hand is poo poo, only 30MH/s for Eth and it can't even run anything else yet.
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Jun 30, 2017 03:04
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MaxxBot posted:Yeah the 1070 is a good mining card, seems to get more out of overclocking than my 1080 Ti does too. That's also what a Fury puts out. Ethereum is a memory-hard algorithm, memory speed isn't the only thing that affects it but it's a major contributor. A lot of miners underclock core and overclock memory. The fact that the processor is 1.5x as fast as Fiji probably doesn't matter as much as the fact that it's got the same VRAM bandwidth.
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Jun 30, 2017 03:29
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why are people paying over retail for 3rd party 1070's when the FE from the nvidia store is in stock and always been in stock through all the shortages. The 25% more you would pay retail for an open air cooler doesnt give you 25% more mining performance. I just sold my 1070FE to someone on Craigslist who doesnt realize they arent hard to get. *edit oh wait they say in stock on the main page but backordered in cart. Still though, estimated ship date: 6/30/17 and you can actually order them without having to fight all the bots on newegg Fauxtool fucked around with this message at 05:37 on Jun 30, 2017 |
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Jun 30, 2017 05:32
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How does it make you feel, taking advantage of these dumb buttminers?
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Jun 30, 2017 05:38
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From what I've seen even with the recovery in price, the difficulty increased and I'm getting like 30% less than before last week... kind of not worth it
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Jun 30, 2017 05:54
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Comfy Fleece Sweater posted:From what I've seen even with the recovery in price, the difficulty increased and I'm getting like 30% less than before last week... kind of not worth it you just need to spend 700 on another 1080 ti. Then your daily income will be great, nevermind the added investment. Do you not have faith in cryptocurrency or something?
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Jun 30, 2017 06:05
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Fauxtool posted:you just need to spend 700 on another 1080 ti. Then your daily income will be great, nevermind the added investment. Do you not have faith in cryptocurrency or something? I would if I could still triple SLI
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Jun 30, 2017 06:12
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I already have all of my computers stuffed with cards, guess it's warehouse rental time.
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Jun 30, 2017 06:14
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bobfather posted:Is there a preferred, objective site that documents major cryptocurrency scams? A friend is touching the poop, has done no research about the caveats and pitfalls of all cryptocurrency, and is surrounded by people that are all-in to cryptocurrency trading themselves, so there's a poo poo ton of group think going on. I think most people have just been watching /r/buttcoin and the yospos thread for the stream of comedy gold rather than actually collecting and archiving any of this poo poo like on a wiki or something. Like just going to /r/buttcoin right now here are some of the headlines
None of this is an objective analysis of scams in cryptocurrency or whatever, but it's a reasonable way of glimpsing what's going on. The bigger scams and thefts you can probably find headlines on
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Jun 30, 2017 07:54
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MaxxBot posted:I already have all of my computers stuffed with cards, guess it's warehouse rental time. Rental? I'm still waiting on the true believer "I just bought one acre of land and going to build a custom cooled mining warehouse!" post.
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Jun 30, 2017 14:11
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So high $/BTC is good and low is also good?
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Jun 30, 2017 14:12
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Fauxtool posted:why are people paying over retail for 3rd party 1070's when the FE from the nvidia store is in stock and always been in stock through all the shortages. Yeah the nvidia stock is a lie. That ship date of 6/30 was the ship date last week. At least they tell you irs backordered now! The people handling that (digitalriver?) kind of suck
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Jun 30, 2017 14:37
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Palladium posted:So high $/BTC is good and low is also good? Rule of Acquisition #34: War is good for business Rule of Acquisition #35: Peace is good for business
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Jun 30, 2017 14:54
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Palladium posted:So high $/BTC is good and low is also good? All things work together for good to them that love Bitcoin.
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Jun 30, 2017 19:10
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QuarkJets posted:Like just going to /r/buttcoin right now here are some of the headlines I do love the edit to the standard chart one of the commenters made: 
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Jun 30, 2017 19:52
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https://www.youtube.com/watch?v=zCcBGX0E8ns&t=17s Whats up baby, come visit my bedroo... oops this is the mining room sorry
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Jun 30, 2017 20:08
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