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I do. Ten cents a kilowatt hour is like 10 dollars per 100 watts a month. Easy. You have to be mining pretty low value to miss that.
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Jul 1, 2017 18:11
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Themage posted:How many of you pay for your electricity 7 cents kwh comes out to $16 a month
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Jul 1, 2017 18:58
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12 cents puts me at about $25 a month.
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Jul 1, 2017 20:49
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My power bill is gonna suck this month but I have $400 of funny money so far.
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Jul 1, 2017 20:55
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bobfather posted:Is there a preferred, objective site that documents major cryptocurrency scams? No. For older funny buttcoin stuff there's http://buttcoinfoundation.org/ For a more fact-based critique there's https://brokenlibrarian.org/bitcoin/, but it's kinda old. Then there is Jorge Stolfi's amicus letter to SEC where he convinces them to reject the Winklevoss bitcoin ETF: https://www.sec.gov/comments/sr-batsbzx-2016-30/batsbzx201630-20.pdf Finally there's this collection of SFYL on reddit: https://www.reddit.com/r/SorryForYourLoss/
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Jul 1, 2017 21:10
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This dumb mining poo poo actually convinced me to move to solar panels. It's literally what tipped the decision. So 0 in electricity "soon", for about 300 bucks of "profit" in the last month. BUY BUY BUY! MINE THAT poo poo, TO THE MOON!
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Jul 1, 2017 21:14
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Comfy Fleece Sweater posted:This dumb mining poo poo actually convinced me to move to solar panels. It's literally what tipped the decision. So 0 in electricity "soon". If you have excess capacity you cannot store/sell back during the day it increases your combo solar/mining ROI
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Jul 1, 2017 21:16
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I spent 20,000 dollars installing a solar station, but I got a contract where I can sell back for the same rate I pay so it doesn't matter what I'm doing with my power.
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Jul 1, 2017 21:31
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The problem, at least as far as where I live, is the heat generated. If you live in the desert, you're already cooling your house down constantly without mining. Our electricity is cheap enough that mining would be a reasonable way to make back the greater-than-MSRP surcharges on GPUs right now. Except then I'd have to run two 20-year-old inefficient air conditioners even harder to not die of heat stroke from the resulting hot air.
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Jul 1, 2017 21:37
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yup i sure am looking forward to getting some of these used GPUs  
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Jul 1, 2017 22:11
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If you take those as the baseline of "idiots running crypto cards" and assume that the average setup is at least like an ikea wire shelf with a box fan, plus the fact that GPUs are honestly pretty drat resilient, I'd say that used crypto cards post-crash or whatever are honestly still a pretty solid deal considering they stretch down to drat near 50% MSRP or whatever.
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Jul 1, 2017 22:16
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I am too considering none of those pictures are recent
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Jul 1, 2017 22:39
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QuarkJets posted:yup i sure am looking forward to getting some of these used GPUs Hella sweet custom loop.
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Jul 1, 2017 22:54
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Craptacular! posted:The problem, at least as far as where I live, is the heat generated. If you live in the desert, you're already cooling your house down constantly without mining. This is why I'm just running one GPU hard enough to hit the 0.01 BTC threshold in time for the next payout, then I'm going to stop at least for the hot months. My A/C is already running about 50% of the time without both of my GPUs pumping ~150 watts a piece in to my computer room all day. Power is cheap but since my thermostat is nowhere near my computer room I'd have to run the rest of the house really cold to maintain a livable temperature while I work. Maybe when it gets cold out, or at least cool enough that I can leave the windows open, then hopefully there's a new butt bubble to ride. For now cashing out my  ish in to Steam credit and buying a game on sale seems like the right idea.
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Jul 1, 2017 23:06
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Risky Bisquick posted:Has anyone used coincards.ca? Just coming back to this, I sucked out $30 in Amazon bucks but it took 3-4 hours to confirm the transfer. All in you are taking a 10% haircut on your total earnings from nicehash (1% claymore / 3-4% transfer to external wallet / 5% gc transaction).
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Jul 1, 2017 23:16
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Risky Bisquick posted:https://bitcointalk.org/index.php?topic=1806061.0 That's actually shockingly professional for a buttcoin mining dude. And based on the earnings potential and timing, he probably actually paid all his crap off, assuming he didn't pay list price for the racks and fans. The FLIR photos from the rigs, panels and rack faces shows me that the cards, while under load, aren't sitting in a hot pool of their own exhaust like heatstroke dudes were.
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Jul 2, 2017 00:26
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Garage/Shed datacentre with 550 amp service
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Fauxtool posted:I am too considering none of those pictures are recent People are just as dumb now as they were 5 years ago.
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Jul 2, 2017 00:35
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dont buy blowers, dont buy without warranty, and only buy current gen cards. No 290s, no rx480s. Risk mitigated.
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Jul 2, 2017 03:18
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Gods. I helped put in 600A service for an outbuilding (rich guy party shack. AC, massive kitchen, tons of AC because lol florida, etc). It's ridiculous - something like a grand a month when it's not in use, just in "keep it below the combustion point of the interior materials". "Helped" in I wrangled the loving cable from the meter panel to the junction box. That poo poo is heavy. I can't imagine running 550A wiring and only hooking up 120A on it. WHY.
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Jul 2, 2017 03:34
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Fauxtool posted:dont buy blowers, dont buy without warranty, and only buy current gen cards. No 290s, no rx480s. Risk mitigated. yeah it's not like someone with a bunch of GTX 1070s would ever fail to take good care of them
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Jul 2, 2017 11:26
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This historical re-enactment is pretty drat good, but we're still missing someone trying to sell fruit dried with the power of GPUs and also someone getting permanent brain damage by sleeping in the same room as their unventilated GPU farm. Please do the needful
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Jul 2, 2017 17:21
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I'm curious, how much power is Ethereum using now and what is its transaction rate? Is it as terrible as bitcoin where the difficulty level is basically the inefficiency rate or does it scale? Just for reference, last time I looked bitcoin was estimated at 400 megawatts operating power for a NES-like 4-10 transactions per second. If run by coal-fired power plants that would be 53KG of coal burned per second, with each transaction optimistically swallowing up 5KG of coal.
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Jul 2, 2017 17:34
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Spatial posted:I'm curious, how much power is Ethereum using now and what is its transaction rate? Is it as terrible as bitcoin where the difficulty level is basically the inefficiency rate or does it scale?  http://digiconomist.net/ethereum-energy-consumption
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Jul 2, 2017 17:49
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Mining profitability continues to steadily decline but the GPU shortage shows no signs of relenting, I wonder at what point people will decide to start cutting their losses and sell their hardware off, or at least stop buying up all of the stock.
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Jul 2, 2017 19:00
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Waiting for Nvidia to announce geforcecoin, the cryptocurrency token to represent the GPU you bought
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Jul 2, 2017 19:12
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MaxxBot posted:Mining profitability continues to steadily decline but the GPU shortage shows no signs of relenting, I wonder at what point people will decide to start cutting their losses and sell their hardware off, or at least stop buying up all of the stock. As the difficulty increases, miners look to maintain their monthly income level. This usually means adding rigs of 6-7 gpus.
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Jul 2, 2017 19:22
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Spatial posted:This historical re-enactment is pretty drat good, but we're still missing someone trying to sell fruit dried with the power of GPUs and also someone getting permanent brain damage by sleeping in the same room as their unventilated GPU farm. Please do the needful How the gently caress did someone pull that off without realizing something was way wrong?
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Jul 2, 2017 19:35
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I have no idea how people can sleep in hot rooms, but they had like 16 GPUs running in the middle of summer and somehow fell asleep in the heat they're outputting. He posted about waking up and seeming to have heat stroke, then as bad heat stroke can do the hospital reported he had brain damage. It was extra dumb because he said he owned an air conditioner but felt lazy about installing it. He wasn't even trying to be cheap, he came close to dieing from being lazy.
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Jul 2, 2017 19:43
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frog in a pot and all that, I can believe it having been close to heat stroke many many times (though not because i fell asleep buttmining and was too lazy to install an A/C  )
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Jul 2, 2017 20:02
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Don't forget the guy who put a video on youtube of cooling his sweet mining rig with liquid nitrogen by just kind of pouring it all over everything on the floor in what looked like an unventilated room.
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Jul 2, 2017 20:28
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QuarkJets posted:yeah it's not like someone with a bunch of GTX 1070s would ever fail to take good care of them Thats not a problem im at all concerned about, but by all means dont buy them and leave more for me.
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Jul 2, 2017 22:40
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How hot would the room had to have been to give a guy a freaking heat stroke?
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Jul 2, 2017 23:40
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Summer plus a 3,500 watt space heater probably gets to incredibly hot temperatures.
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Jul 2, 2017 23:49
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My room as a kid in Florida plus a Pentium 4 and integrated GPU would get 5 degrees warmer if the door was closed and Red Alert 2 was loaded.
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Jul 2, 2017 23:51
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MaxxBot posted:Mining profitability continues to steadily decline but the GPU shortage shows no signs of relenting, I wonder at what point people will decide to start cutting their losses and sell their hardware off, or at least stop buying up all of the stock. Never Once you're in the Bitcoin game, you're in 4 lyfe, bithc Specially since ETH is going to switch to Proof of Work/Proof of Stake hybrid and for some reason this is going to send the price TO THE MOOOOOOOOOON somehow PerrineClostermann posted:My room as a kid in Florida plus a Pentium 4 and integrated GPU would get 5 degrees warmer if the door was closed and Red Alert 2 was loaded. Is that how you got brain damage haha! I kid, I kid, Red alert 2 owned
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Jul 3, 2017 01:03
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The Nicehash profitability table says a 1070 will mine ~$3.70 a day, but my Nicehash miner I've been running on my 1070 for a couple days has been doing about $2.40-$2.80 a day. Is the profitability table off, or is something wrong with my setup?
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Jul 3, 2017 01:08
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iirc its still luck of the draw that your group gets rewarded a block of coins. The estimate is just an estimate.
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Jul 3, 2017 01:21
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Don Lapre posted:iirc its still luck of the draw that your group gets rewarded a block of coins. The estimate is just an estimate. Nice hash isn't mining blocks, it's selling mining power.
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Jul 3, 2017 01:26
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PerrineClostermann posted:Nice hash isn't mining blocks, it's selling mining power. Ohh, didn't know.
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Jul 3, 2017 01:31
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Craptacular posted:The Nicehash profitability table says a 1070 will mine ~$3.70 a day, but my Nicehash miner I've been running on my 1070 for a couple days has been doing about $2.40-$2.80 a day. My 1070s have been making around $3.75-4.25/day but it jumps around a lot, don't think I've seen them go under $3 though. Try overclocking your memory.
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Jul 3, 2017 01:35
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