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The promised golden age of $500 1080tis soon maybe??? 
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Jan 16, 2018 19:09
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I hope it crashes the day Ampere is released. I wonder how I'm going to get one for MSRP otherwise.
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Jan 16, 2018 19:15
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craig588 posted:I hope it crashes the day Ampere is released. I wonder how I'm going to get one for MSRP otherwise. If Ampere offers the 20-30% performance and efficiency improvements people are hoping for, you're still gonna be SOL, especially if the rumors about Pascal production being discontinued are true and we have to suffer through 3+ months of basically no availability prior to Ampere dropping.
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Jan 16, 2018 19:40
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I’m kind of wondering if I should Ebay my 970 and buy a 1050ti or something.
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Jan 16, 2018 20:14
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South korean threats and as of today renewed Chinese legislation are whats impacting values in case anybody is wondering. The actual mining payments on nicehash are actually up though so if the value goes back up we actually get paid more for this dip (for the time being). Considering this is now the fourth time that the South Korean government has made direct threats with no followup and the market recovered quickly each time I wouldnt see this as end times, rather im starting to see it as market manipulation at this point. The Chinese government legislation will be the one to really watch
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Jan 16, 2018 21:15
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22 Eargesplitten posted:I’m kind of wondering if I should Ebay my 970 and buy a 1050ti or something. Check eBay, is the difference in price between the 2 really worth the effort?
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Jan 16, 2018 21:16
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I can get one locally for $100. If I can get $250-275 for it like I’m seeing a lot at, then yeah.
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Jan 16, 2018 21:17
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If anyone is sad about mining losing profitability, EVGA will pay you up to $10 a month to run Folding@Home for their team! You get paid in EVGA BUCKS too so you even get the thrill of not getting a real currency.
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Jan 16, 2018 23:25
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Maybe I can finally buy a video card at a sane price now that this trashfire is really kicking off
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Jan 16, 2018 23:33
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Alpha Mayo posted:If anyone is sad about mining losing profitability, EVGA will pay you up to $10 a month to run Folding@Home for their team! You get paid in EVGA BUCKS too so you even get the thrill of not getting a real currency. I spent a year folding before I got into mining and probably will do so again if mining ever just totally dies.
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Jan 16, 2018 23:38
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MaxxBot posted:I spent a year folding before I got into mining and probably will do so again if mining ever just totally dies. I honestly hope that the whole mining thing allows these pools to pivot into useful distributed computing being sold by the masses. There's a ton of really valuable processing that could be done by the off cycles in people's computers that could actually be quite useful and helpful to the world.
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Jan 16, 2018 23:43
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Alpha Mayo posted:If anyone is sad about mining losing profitability, EVGA will pay you up to $10 a month to run Folding@Home for their team! You get paid in EVGA BUCKS too so you even get the thrill of not getting a real currency. You need to turn in 4,000,000 points per month. What sort of ask is that? Can I do it with a 1080 running very low priority to not notice a performance impact without keeping my computer on 24/7? Or is that the sort of thing that needs multiple GPUs running 24/7? Edit: Looking at their leaderboard that looks like something you might be able to do with 1 GPU, but it'd have to be 24/7. craig588 fucked around with this message at 23:48 on Jan 16, 2018 |
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Jan 16, 2018 23:44
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Nitrousoxide posted:I honestly hope that the whole mining thing allows these pools to pivot into useful distributed computing being sold by the masses. There's a ton of really valuable processing that could be done by the off cycles in people's computers that could actually be quite useful and helpful to the world. Yeah I agree there's just so much sheer computing power out there with all of these people buying high end GPUs that could be tapped into.
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Jan 16, 2018 23:49
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For me at least, it's a 30 dollar a month donation ask. Years ago when the difference between idle and loaded was pretty small I used to run F@H, but power savings have gotten too good now for me to let it run anymore.
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Jan 16, 2018 23:53
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craig588 posted:You need to turn in 4,000,000 points per month. What sort of ask is that? Can I do it with a 1080 running very low priority to not notice a performance impact without keeping my computer on 24/7? Or is that the sort of thing that needs multiple GPUs running 24/7? I have a 1060 and it says it is earning 350K/day. Plus I think you get bonus points after you turn in 10 WUs to your passkey or something. I'd probably disable the CPU usage though since the points you get from that is extremely low (my i5 2500K at 4.5ghz gets 1600 points a day)
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Jan 17, 2018 00:06
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MaxxBot posted:Yeah I agree there's just so much sheer computing power out there with all of these people buying high end GPUs that could be tapped into. Can you think of any current global issue with encouraging people to run high-end PC components 24/7 regardless of the task
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Jan 17, 2018 00:08
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I'd leave that kind of number crunching to Tesla's with ECC-everything running in datacenters. Running those calcs on consumer gear greatly increases your susceptibility to bit flips producing bad data which means you need to run the same calcs many times to verify consistent results vs a handful of times on proper hardware. That kills your efficiency edge even if it lowers the upfront capital requirements. Pretty much any large company or university already has a large compute cluster available with enterprise-grade hardware you can run whatever you need on because the demand is there.
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Jan 17, 2018 00:13
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I used to run the poo poo out of F@H. Nerd leaderboards were great.
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Jan 17, 2018 00:35
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So is this the end of the crypto maddness or just another crash before people jump back in?
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Jan 17, 2018 03:28
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It's funny how a nominally communist government is doing the sane things against crypto and DRAM price fixing, while on the other side of the ocean somebody like the FTC can't be bothered to deal with obvious MLM pyramid schemes because freedom.
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Jan 17, 2018 03:37
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Scarecow posted:So is this the end of the crypto maddness or just another crash before people jump back in? Look into your heart, and see the truth. This is just the wet fart the market makes before somehow soaring up to 75k a coin, in violation of every single rational thought in your mind, but still somehow following the UP! UP! UP! pattern we've had ever since BTC was <$1 per coin. At best we might see videocard stock start to stay on shelves longer than a day, but I'm not super hopeful.
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Jan 17, 2018 03:37
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Scarecow posted:So is this the end of the crypto maddness or just another crash before people jump back in? You know in your heart what the answer is  Palladium posted:It's funny how a nominally communist government is doing the sane things against crypto and DRAM price fixing, while on the other side of the ocean somebody like the FTC can't be bothered to deal with obvious MLM pyramid schemes because freedom. In general, the less democratic a group is, the faster it can act and the more likely it is to do so with a more unified purpose.
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Jan 17, 2018 03:41
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The Cryptocurrency Mining Thread: we're all hoping for cryptocurrency mining to die
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Jan 17, 2018 04:07
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Kazinsal posted:The Cryptocurrency Mining Thread: we're all hoping for cryptocurrency mining to die 30 seconds after we cash out
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Jan 17, 2018 04:45
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the little money i've made mining for two weeks is all trapped in like three different pools and doesn't meet the minimum withdrawal amount for any of them. can't wait to get my 0.01 bitcoin worth $3.50 when it's all over with.
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Jan 17, 2018 05:00
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Profits are halved, back to early November levels  GPU pricing will taper downwards is my guess.
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Jan 17, 2018 05:25
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Risky Bisquick posted:Profits are halved, back to early November levels Hodl, my dear friend. Just hodl. Forever.
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Jan 17, 2018 05:42
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Risky Bisquick posted:Profits are halved, back to early November levels 100 day ROI is still worth it for most people
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Jan 17, 2018 05:56
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Even with much, much lower profits than currently GPUs were still overpriced, I wouldn't expect to a big price crash and selloff unless mining becomes literally unprofitable.
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Jan 17, 2018 05:58
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Happy_Misanthrope posted:Can you think of any current global issue with encouraging people to run high-end PC components 24/7 regardless of the task Mining is a big waste of electricity but there's a lot of HPC work to be done and if it's not done on consumer hardware it will just be done on supercomputers.
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Jan 17, 2018 06:01
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MaxxBot posted:Even with much, much lower profits than currently GPUs were still overpriced, I wouldn't expect to a big price crash and selloff unless mining becomes literally unprofitable. It would have to go below $0.20 per card per day to be unprofitable for me at 0.075/kWh; so long as each card makes a couple bucks a day I’m good with pocketing $300+ per month for leaving a mining rig on. When they were making $5-6 daily that was just bonus fake money. God. Me in 2010 would beat my rear end.
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Jan 17, 2018 06:03
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Comfy Fleece Sweater posted:Hodl, my dear friend. Just hodl. Forever. Could go up, could go down, could stay the same. I have roughly 30d of mining @ todays profit levels after electricity to fully recoup my capital outlay. I have another 6gpu skeleton assembled, waiting for cards if I wanna buy them too hrm. OTOH my garage is now a balmy 17c when it is -10c outside 
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Jan 17, 2018 06:19
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Happy_Misanthrope posted:Can you think of any current global issue with encouraging people to run high-end PC components 24/7 regardless of the task Hey what if crowd herding high speed stock trading becomes a thing?!!
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Jan 17, 2018 08:09
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Fauxtool posted:100 day ROI is still worth it for most people  so the return would take at least 4 months now.I'm okay as long as I can at least a hundred or two back out of it, as I was probably going to get a 1050 Ti or 1060 anyway. At least I didn't blow a grand on a 1080 Ti lol.
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Jan 17, 2018 10:56
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MaxxBot posted:Mining is a big waste of electricity but there's a lot of HPC work to be done and if it's not done on consumer hardware it will just be done on supercomputers. Good, that is where it belongs. Consumer hardware is trash.
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Jan 17, 2018 15:37
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Surprise Giraffe posted:Hey what if crowd herding high speed stock trading becomes a thing?!! Lol yeah good luck with doing HFT on your lovely residential ISP while they real players are setting up shop next door to the exchange datacenter and sweating microseconds of latency.
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Jan 17, 2018 15:39
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Folks are posting their cryto portfolios on a discord I'm in.
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Jan 17, 2018 15:44
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Are bitconnectors gonna go to vale?
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Jan 17, 2018 16:11
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Nitrousoxide posted:Folks are posting their cryto portfolios on a discord I'm in. Bitconnect is a ponzi, I only heard about the thing last night and all of its promotion material point instantly to mlm/ponzi type of scam. mobby_6kl posted:It's now way more than 100 days though. My 1070 went from >$5/day to $3 literally the day after I got it I would argue just buy the highest end thing you can afford and let it mine. Subsidizing your gaming hardware is cool and good.
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Jan 17, 2018 16:22
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Whatever bitconnect purported to be, looks like they decided to cash out.
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Jan 17, 2018 16:45
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