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Hey guys, I'm retarded and also could use some money. I have free electricity where I am. How should I capitalize on this?
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Jun 24, 2017 00:13
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Tabletops posted:Hey guys, I'm retarded and also could use some money. I have free electricity where I am. How should I capitalize on this? If only there was a post detailing exactly what you need to do, in simple steps, somewhere in this thread, perhaps near the beginning of it? But seriously don't buy new hardware just to mine because it'll take you half a year to break even which is stupid long.
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Jun 24, 2017 00:16
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Tabletops posted:Hey guys, I'm retarded and also could use some money. I have free electricity where I am. How should I capitalize on this? Thats kind of the boat im in but this three step guide im using has me making $7.000 a day ! Paypal me $7 and ill tell you how
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Jun 24, 2017 00:27
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Shrimp or Shrimps posted:If only there was a post detailing exactly what you need to do, in simple steps, somewhere in this thread, perhaps near the beginning of it? Sorry, should have phrased that differently. That was my question really. Nicehashs calculator says some mining computer (antminer?) Would pay itself off in 60 days or so, and its roughly 1k. Wasn't sure if those ki d of setups would be worth it given 60 days for a room seems decent.
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Jun 24, 2017 00:28
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If mining stays as profitable as it is right now you could pay hardware off in only like a couple months but there's a good chance it won't, it's basically gambling. It helps of you already have a computer you can put a card in, building an entire new rig for mining would definitely be a risky investment as that would take longer to pay off. MaxxBot fucked around with this message at 00:37 on Jun 24, 2017 |
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Jun 24, 2017 00:32
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It may also take 2 months to get the ant miner after you pay for it. The last bubble like this people got delivered worthless hardware after it popped.
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Jun 24, 2017 00:36
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Let me be the voice of reason here. Years ago goons laughed off buttcoin as a moronic idea, perhaps the stupidest thing in the universe and said it would fail. Yet here we are. Do what you feel is right.
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Jun 24, 2017 00:38
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Risky Bisquick posted:Let me be the voice of reason here. Years ago goons laughed off buttcoin as a moronic idea, perhaps the stupidest thing in the universe and said it would fail. Yet here we are. Do what you feel is right. The eternal buttcoin dilemma. 
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Jun 24, 2017 00:44
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Risky Bisquick posted:Let me be the voice of reason here. Years ago goons laughed off buttcoin as a moronic idea, perhaps the stupidest thing in the universe and said it would fail. Yet here we are. Do what you feel is right. Its still a moronic idea that will fail, its just one you might be able to take advantage of. At the moment, you might be able to scrape a few bucks off of the stupidity of ultra nerds and the business needs of small time drug dealers and smugglers in SE Asia. That profitability likely wont last long... then again maybe it will! Somehow the cryptocurrency comedy show keeps rolling on, never doubt the stupidity in the world etc etc.
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Jun 24, 2017 01:13
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Reminder: If you invest any sort of startup capital of your own into cryptocurrency whatsoever you are a moron and will be mocked as such.
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Jun 24, 2017 01:14
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Kazinsal posted:Reminder: If you invest any sort of startup capital of your own into cryptocurrency whatsoever you are a moron and will be mocked as such. how do i invest other peoples capital into my cryptomining operations
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Jun 24, 2017 01:20
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Tabletops posted:how do i invest other peoples capital into my cryptomining operations With this one weird trick, paypal me $7 to find out how e: gently caress someone already made that joke on this page Kazinsal fucked around with this message at 01:29 on Jun 24, 2017 |
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Jun 24, 2017 01:26
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Can someone explain why some miners heat up the GPU more than others? For example: EWBF: 100% usage, tops out at 72c. Claymore Dual Sia: 92%, tops out at 78c. Less GPU usage but more heat generated? Same fan curve, undervolt, etc.
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Jun 24, 2017 01:32
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Yeah please do not buy any hardware for mining hoping to pay it off, that is absurdly insanely risky. Mining free money with the hardware that you already own for gaming or for whatever is smart because if the whole thing collapses tomorrow you've lost nothing, buying hardware for mining purposes is very stupid
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Jun 24, 2017 01:36
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EWBF fails to benchmark my 1070, is there something weird you need to do to mine with it?
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Jun 24, 2017 01:53
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Otakufag posted:EWBF fails to benchmark my 1070, is there something weird you need to do to mine with it? precise mode, or maybe dial back your OC/increase power limit
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Jun 24, 2017 02:02
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Risky Bisquick posted:Let me be the voice of reason here. Years ago goons laughed off buttcoin as a moronic idea, perhaps the stupidest thing in the universe and said it would fail. Yet here we are. Do what you feel is right. Yes, if only you listened to the bright captains of industry of Bitcoin and invested heavily 4 years ago on the largest exchange, Mt Gox. Why, think about what those coins would be worth!
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Jun 24, 2017 02:17
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Tabletops posted:how do i invest other peoples capital into my cryptomining operations Tabletops posted:I have free electricity where I am.
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Jun 24, 2017 02:29
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Im like $500 in guys but im up $8
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Jun 24, 2017 02:53
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so you are 492 down? great job
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Jun 24, 2017 02:54
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Account for hardware resale and depreciation and you're right. You only need to get halfway to break even Imo.
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Jun 24, 2017 02:57
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Just out of curiosity, how much electricity does it use relative to sitting here posting on the forums, or goofing around in Overwatch or something? The only halfway reasonable offers on GPUs are being snapped up so hard I feel like I need to pay too much for one and mine with it until I've reach equilibrium with how much I was willing to spend. I told myself I did the right thing here but the Steam sale is on and I want to get some games happening here.
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Jun 24, 2017 03:02
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Craptacular! posted:Just out of curiosity, how much electricity does it use relative to sitting here posting on the forums, or goofing around in Overwatch or something? If you go here https://www.nicehash.com/?p=calc You can choose your GPU, change the wattage if you know you've set up an overclock that uses more power, enter your electricity cost from your electricity bill and see what it would cost you per day/month to run your GPU all the time.
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Jun 24, 2017 03:10
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My electricity is pretty expensive, my point is my computer idles through much of the day anyhow because even without games I can't stop making GBS threads up threads with bad posts on this forum. Does mining use substantially more?
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Jun 24, 2017 04:19
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Everyone's PC will be different, but mine uses about 50 watts while mostly idle looking at web pages and about 250 watts while mining.
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Jun 24, 2017 04:23
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Your video card barely does any work for standard web browsing, watching videos, etc, and just short of zero while idle. Mining uses 100% of the cards power. It's going to add 150-250w of load compared to non-gaming tasks. How much power the rest of your computer is using will vary on processor, fans, hdds, etc, but that number will not change a significant amount while mining.
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Jun 24, 2017 04:28
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Fauxtool posted:so you are 492 down? great job stop hating, its actually 490 now
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Jun 24, 2017 04:37
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MINING AT $4.10 A DAY, IMMA MAKE TENS OF DOLLARS THIS IS loving LIVING, BOYS
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Jun 24, 2017 04:43
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tehinternet posted:MINING AT $4.10 A DAY, IMMA MAKE TENS OF DOLLARS i live my life 3 tenths of a cent/minute at a time
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Jun 24, 2017 05:02
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im gonna poo poo on buttmining even if it makes me a millionaire but why didnt I start sooner  
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Jun 24, 2017 05:21
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I'll actually be making enough pay rent after my PCI-E risers come in the mail, but that's only because I owned a dumb amount of hardware before I ever started mining.
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Jun 24, 2017 05:23
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MaxxBot posted:I'll actually be making enough pay rent after my PCI-E risers come in the mail, but that's only because I owned a dumb amount of hardware before I ever started mining. If the bubble pops in three weeks I'm blaming you.
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Jun 24, 2017 05:28
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Cinara posted:Your video card barely does any work for standard web browsing, watching videos, etc, and just short of zero while idle. Mining uses 100% of the cards power. It's going to add 150-250w of load compared to non-gaming tasks. Overall mining will draw significantly less power than running a demanding game since unlike games the CPU is running mostly idle, especially if you also undervolt the card and turn off the monitor.
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Jun 24, 2017 05:47
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Tabletops posted:how do i invest other peoples capital into my cryptomining operations Advertise that you are selling mining time at a premier mining facility, then just give them cryptocurrency that you buy on an exchange with 90% of the revenue and pocket the rest. Much simpler than mining
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Jun 24, 2017 05:59
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dumb question but if I try to buy a game on steam with bitcoin, it talks about supplementing the base cost with an additional fee (tip?), and I understand that upping the fee makes the transaction go thru faster? how the heck does that work
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Jun 24, 2017 06:08
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shrike82 posted:dumb question but if I try to buy a game on steam with bitcoin, it talks about supplementing the base cost with an additional fee (tip?), and I understand that upping the fee makes the transaction go thru faster? how the heck does that work It is the transaction fee and since bitcoin is decentralized there is no way to know for sure how high it needs to be to get your transaction to go through. This website gives you an estimate https://bitcoinfees.21.co
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Jun 24, 2017 06:13
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Thanks for that. Based on "For the median transaction size of 226 bytes, this results in a fee of 81,360 satoshis", am I right in saying that I'd need to "tip" 2 bucks and change to get my transaction thru a < 35 minute time window. lol
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Jun 24, 2017 06:21
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shrike82 posted:Thanks for that. Based on "For the median transaction size of 226 bytes, this results in a fee of 81,360 satoshis", am I right in saying that I'd need to "tip" 2 bucks and change to get my transaction thru a < 35 minute time window. Maybe!
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Jun 24, 2017 06:27
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Has anyone else noticed their mBTC/day going down, despite still processing the same number of sols/s and the like?
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Jun 24, 2017 06:53
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PerrineClostermann posted:Has anyone else noticed their mBTC/day going down, despite still processing the same number of sols/s and the like?
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Jun 24, 2017 06:57
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