|
I'm down with y'all, if you can make more profit by flipping, by all means. The more I read about cryptocurrencies, the more it confirms that it's still a shitshow, just like in years past. https://decentralize.today/the-bitcoin-war-proof-of-work-has-failed-us-3bf5734f45f3 This mining poo poo just can't last much longer, can it? It's just a huge waste of resources. It's just really dumb. I'm interested in the Proof of Stake thing, and I might actually buy a few coins that use this method. Long term, it just doesn't make sense to keep mining and wasting hardware and power. https://decentralize.today/why-pos-is-better-than-pow-2dc3cd9881a7 Summary: I'm interested in Cryptocurrencies and poo poo because I read the Cryptonomicon and they both say Crypto in the name
|
#
?
Jun 24, 2017 22:54
|
|
|
|
| # ? May 22, 2024 00:36 |
|
|
 yeah it's a dumb bubble with kids spending a couple grand on video cards to get rich but at the same time, i love that we're living in Neal Stephenson's world now.
|
|
#
?
Jun 24, 2017 22:57
|
|
|
I basically managed to offset a Steam sale with a PC I already leave on 24/7, so I'm all good with whatever happens. I give it maybe another week before I'm done.
|
|
#
?
Jun 24, 2017 23:08
|
|
|
Comfy Fleece Sweater posted:This mining poo poo just can't last much longer, can it? It's just a huge waste of resources. Because gambling keeps my local economy afloat, I've been thinking about how some of the local companies that operate casinos here and abroad have been grumbling about how their Chinese business was impacted by a decision from the PRC to not allow gobs and gobs of money to be taken by citizens out of the country (including China-owned protectorates like Hong Kong and Macau.) One of our local companies wound up under investigation due to a bunch of "junket" travel agency types who circumvented it, opening a presence in China and in the US and basically took a ton of your money back home in China, you travel to the US, and then they'd give you a ton of money here. I'm thinking cryptocurrency is how these rich fucks are continuing to gamble more of their fortune than The People's Communist Republic allows them to. I can't wait to see how many millions this fucker is going to lose if this is actually happening, since at some point someone's going to take the BTC/Eth/Whatever from the big-money gamblers and just disappear.
|
|
#
?
Jun 24, 2017 23:25
|
|
|
craig588 posted:The 290s turned out fine. Hardware is usually made to be used. u wot m8. Gaming hardware in particular burns bright and short and wears out before its time, particularly if you're using it at full power 24/7. craig588 posted:Checked in on how my machines were doing, after 2 weeks looks like it might be about time to me to bow out. Made about 100 dollars which was fun, but now my 980 is doing about 2.50 a day and my 1080 about 4 dollars a day. I'll probably drop out my 980 next week and my 1080 might get one extra week. See you next bubble! This is the correct attitude: keep a close eye on your takings and costs, and quit before you fall behind. (I know someone who did okay in the first Bitcoin bubble with this approach, finally giving up when it all went ASIC.) Jago posted:Attempting to flip my MSI 1070 that I bought last month for $300. They're going for 500 used on ebay right now lol. Gonna pick up a 1080 TI all the while mining currency! bugger me, there's literally a bubble in the video cards themselves now.
|
|
#
?
Jun 24, 2017 23:25
|
|
|
divabot posted:u wot m8. Gaming hardware in particular burns bright and short and wears out before its time, particularly if you're using it at full power 24/7. I've found it's quite the opposite in my experience  I've Mined and Folded for years now on CPUs and GPUs, only damage I've had is one fan on an XFX fail. They sent me a new cooler.
|
|
#
?
Jun 24, 2017 23:45
|
|
|
divabot posted:u wot m8. Gaming hardware in particular burns bright and short and wears out before its time, particularly if you're using it at full power 24/7. no... that is not how it works with gpus , outside of moving parts. It is conceivable that cards operating with nearly out of spec parts may come to light that running them 24/7 may push them over the edge (cough evga) but thats just speculation. Youre probably thinking about razer mice or something or perhaps CPUs with max vcore
|
|
#
?
Jun 24, 2017 23:51
|
|
|
sentiment is that gaming hardware burns out faster but experience shows that its overbuilt to take the stress and lasts way longer problems like the crap batch of transistors/caps affected all hardware not just gaming. Fauxtool fucked around with this message at 01:32 on Jun 25, 2017 |
|
#
?
Jun 24, 2017 23:51
|
|
|
Buy cards with a decent warranty and you don't have to worry about it anyway.
|
|
#
?
Jun 25, 2017 00:22
|
|
|
Yeah I also bought a 290 on the cheap after the last crash and other than an iffy fan it held up fine. Definitely glad I got the serial based warranty version though for the 390 swap. The way things are going this bubble may pop well before the 1070s will even get mined on much. I wouldn't buy a firesale AMD card any older than a 400 series since any earlier cards might be still rotating around since the litecoin mining. future ghost fucked around with this message at 00:37 on Jun 25, 2017 |
|
#
?
Jun 25, 2017 00:29
|
|
|
How many of you are planning, after you've finished thrashing them half to death for your internet pogs, to put your graphics cards on Craigslist with the description "almost-new, hardly-used <whatever>" with the self-justification "Well these cards are designed for gaming and I hardly used them for gaming so it's true"? edit: Also how many of you have already returned new graphics cards for warranty replacement after thrashing them to death with the reason for the claim being "it was DOA" or "I hardly ran it at all in a cool environment and it just stopped out of the blue"?
|
|
#
?
Jun 25, 2017 00:36
|
|
|
I used a few 7950s that were used to mine litecoins for months and they are fine. The fan failing thing is definitely true but the cards themselves ran really well. I am still using one of them in my TV computer and it has held up great.
|
|
#
?
Jun 25, 2017 00:36
|
|
|
Im going to list it as used and leave it at that because its true. If they ask what it was used for I will tell them that I mined on it and tell them about the warranty. Its not thrashed half to death either. If its fully capable of running at 100% for days at a time its actually in very good condition. Mining doesnt void the warranty so I have never had to lie about its use when doing an RMA It sounds like you should be posting in the GBS thread Fauxtool fucked around with this message at 00:40 on Jun 25, 2017 |
|
#
?
Jun 25, 2017 00:38
|
|
|
Are GTX1080s just no good for mining in comparison then?
|
|
#
?
Jun 25, 2017 00:39
|
|
|
Weatherman posted:How many of you are planning, after you've finished thrashing them half to death for your internet pogs, to put your graphics cards on Craigslist with the description "almost-new, hardly-used <whatever>" with the self-justification "Well these cards are designed for gaming and I hardly used them for gaming so it's true"? The 280X got traded to a power supply reviewer for one of his recent gold models and the last I heard he was still mining on it. future ghost fucked around with this message at 00:54 on Jun 25, 2017 |
|
#
?
Jun 25, 2017 00:40
|
|
|
Weatherman posted:How many of you are planning, after you've finished thrashing them half to death for your internet pogs, to put your graphics cards on Craigslist with the description "almost-new, hardly-used <whatever>" with the self-justification "Well these cards are designed for gaming and I hardly used them for gaming so it's true"? What kind of warranty request requires you to explain the lifetime usages of the hardware?
|
|
#
?
Jun 25, 2017 00:40
|
|
|
craig588 posted:The 290s turned out fine. Hardware is usually made to be used. I know people who bought 200 dollar 290s in 2014 when people were panic selling them that were still using those cards very recently, until they sold them for more than they paid and updated to a 1070 basically for free. I use GPUs for serious (physics) computation work with CUDA for a living and I run into academics all the time who think they can get by just slapping 4x 1080s (or 980s or whatever) into a server and running them at full-tilt. In my experience they lose about 50% of those cards after a year. Consumer-grade video cards are actually not designed to be used 24/7; their failure rates go way up when you do that, and those failure rates increase further when you pack several them into a poorly-ventilated space (such as a homebrew "computation" box or a mining rig). There are computational-grade graphics cards that are actually designed to survive in a high-load setting, but they cost a lot more We're talking about statistical likelihood of failure here, so obviously you'll still stand a decent change of finding a 1080 or 1070 card that will work fine for years as a normal gaming GPU despite being abused like that. But if you're normally skittish about buying refurb hardware, like most people are, then buying a GPU used for mining is not for you; think of it as buying refurb with a far higher chance of failure and no warranty. It's a gamble that you stand a decent chance of winning but holy poo poo don't pretend like there's no chance of failure QuarkJets fucked around with this message at 00:48 on Jun 25, 2017 |
|
#
?
Jun 25, 2017 00:44
|
|
|
what are the launch parameters to change intensity on ethminer and is --intensity 17 an okay setting on ewbf like the others?
Fauxtool fucked around with this message at 01:01 on Jun 25, 2017 |
|
#
?
Jun 25, 2017 00:57
|
|
|
divabot posted:u wot m8. Gaming hardware in particular burns bright and short and wears out before its time, particularly if you're using it at full power 24/7. Since you're writing a book against all this stuff, I wonder if you've thought of buying any funcoins? You seem to be against mining, from what I've read, but not sure if you think this crypto poo poo has any real future or what
|
|
#
?
Jun 25, 2017 01:00
|
|
|
Im working on my time traveling movie pitch, about a guy who goes back in time and trades 10,000 bitcoins for a pizza
|
|
#
?
Jun 25, 2017 01:10
|
|
|
1gnoirents posted:no... that is not how it works with gpus , outside of moving parts. It is conceivable that cards operating with nearly out of spec parts may come to light that running them 24/7 may push them over the edge (cough evga) but thats just speculation. Except that didn't happen to evga at all. Evga had bad caps
|
|
#
?
Jun 25, 2017 01:28
|
|
|
QuarkJets posted:I use GPUs for serious (physics) computation work with CUDA for a living and I run into academics all the time who think they can get by just slapping 4x 1080s (or 980s or whatever) into a server and running them at full-tilt. In my experience they lose about 50% of those cards after a year. Consumer-grade video cards are actually not designed to be used 24/7; their failure rates go way up when you do that, and those failure rates increase further when you pack several them into a poorly-ventilated space (such as a homebrew "computation" box or a mining rig). There are computational-grade graphics cards that are actually designed to survive in a high-load setting, but they cost a lot more I'm sorry dude, I'm no "mining card apologist" but a 50% failure rate after one year of use means you have major problems elsewhere. That is a ridiculous failure rate, "consumer" version or not. FYI, its very well documented over almost two decades now how the build quality of AIBs often exceeds any Tesla version of the same chipset. But yes, we are entering uncharted territory here throwing modern Nvidia cards into the do-math-now mode. There is a possibility they unravel and explode being used 24/7. But there is absolutely no precedent or actual reason to think so based on 1) how things work and 2) reality. Poor ventilation is a real concern though. Weatherman posted:How many of you are planning, after you've finished thrashing them half to death for your internet pogs, to put your graphics cards on Craigslist with the description "almost-new, hardly-used <whatever>" with the self-justification "Well these cards are designed for gaming and I hardly used them for gaming so it's true"? Actually I bought a shrink wrap machine to sell my warehouse full of mining cards as new. Then I'm going to buy firesale cards off ebay, wrap those up, and sell them as new as well.
|
|
#
?
Jun 25, 2017 01:30
|
|
|
dont forget to wipe your balls on the cards before you wrap
|
|
#
?
Jun 25, 2017 01:34
|
|
|
1gnoirents posted:But yes, we are entering uncharted territory here throwing modern Nvidia cards into the do-math-now mode. There is a possibility they unravel and explode being used 24/7. But there is absolutely no precedent or actual reason to think so based on 1) how things work and 2) reality. Whenever I buy like a toaster or something it always says that it's for normal residential use only, and commercial use voids the warranty. Because obviously a restaurant will put a lot more wear and tear on a toaster than a normal family will. I don't know if video cards have a clause like that, but if they did mining is arguably 'commercial use' not normal consumer/residential use. They can be used for mining, but that isn't what they are designed to do, and the warranty claims are based on normal use.
|
|
#
?
Jun 25, 2017 01:38
|
|
|
I'll let you know in a few months!
|
|
#
?
Jun 25, 2017 01:48
|
|
|
Facebook Aunt posted:Whenever I buy like a toaster or something it always says that it's for normal residential use only, and commercial use voids the warranty. Because obviously a restaurant will put a lot more wear and tear on a toaster than a normal family will. A residential toaster and a commercial toaster might as well not be the same product. A residential toaster will have much thinner coils, for example, that will simply break if actually used all day. This is no comparison to what an equivalent "commercial" and "residential" GPU core is or does in any possible way. There may be specific lines in GPU warranties that void them based on mining in general. I doubt it, since it would impact sales, and it wouldn't make much sense to begin with. Unlike a toaster a GPU core doesn't need to "rest". It has a lifespan indeed but its literally something in the order of 100,000 hours or something so high its completely irrelevant. If you wanted to get Technical Terry about it, thats like saying your warranty is void because you ran 3D Mark too much. It doesn't make much sense in the context of what this is referring to. Also, does 24/7 gaming become commercial use? That would be much "harder" on the GPU overall as well, not that I'd expect that to have any greater impact than anything else though. Anyway... if you dont want one dont buy one I guess is all this is going to come down to, but lets say the market crashes in a month and we're flooded with cards. I'd literally rather buy a 2 month old mining card than a 2 month old card that was "just" used for games. At least one of those stories makes sense and only one of them implies you'll get a working card. Fauxtool posted:dont forget to wipe your balls on the cards before you wrap goes without saying
|
|
#
?
Jun 25, 2017 01:54
|
|
|
Yeah I'm going to have to see the receipts on a 50% annual failure rate. Jury-rigged Geforce CUDA desktops might fail more often than Teslas mounted in a data centre setup but that's not really an apples to apples comparison. And AIB Geforce boards have better cooling design than Teslas.
|
|
#
?
Jun 25, 2017 02:10
|
|
|
Still making good profit from my rigs today, don't expect a lot longer tho. This next week should be a very interesting GPU market.
|
|
#
?
Jun 25, 2017 03:20
|
|
|
The only GPU failure I had seen over the past 15 years was a Palit GTX 460 which was artifacting right out of the box, and immediately got exchanged at the local dealer. Besides if you are undervolting for mining that is gonna help a lot for the longevity of the cards too.
|
|
#
?
Jun 25, 2017 03:27
|
|
|
Weatherman posted:with the description "almost-new, hardly-used <whatever>" with the self-justification "Well these cards are designed for gaming and I hardly used them for gaming so it's true"? I did the opposite. Called my gaming GPU for six months lightly used when selling it to a miner, because compared to a mining 24/7 rig it is. It's even got one of those coolers where the fans don't spin when idling, so the part most likely to break hasn't been used much.
|
|
#
?
Jun 25, 2017 03:29
|
|
|
1gnoirents posted:I'm sorry dude, I'm no "mining card apologist" but a 50% failure rate after one year of use means you have major problems elsewhere. That is a ridiculous failure rate, "consumer" version or not. FYI, its very well documented over almost two decades now how the build quality of AIBs often exceeds any Tesla version of the same chipset. I spelled out exactly what the problems were in that case: 24/7 use with insufficient cooling. Note that these are likely the conditions subjected to a video card that was used for at-home mining
|
|
#
?
Jun 25, 2017 04:02
|
|
|
QuarkJets posted:I spelled out exactly what the problems were in that case: 24/7 use with insufficient cooling. Note that these are likely the conditions subjected to a video card that was used for at-home mining Umm they're outside the confines of a badly ventilated Pc box, cooled by air, free to megahash to their hearts content. These are free range GPUs, sir
|
|
#
?
Jun 25, 2017 04:04
|
|
|
its the users submitted to high heat and poor ventilation not as much the GPUs I would be perfectly happy buying a dual fan 1060/1070/580 used for bitcoin because it would have been underclocked and run relatively cool to a 290 blower. Buy a company like MSI so its still under warranty and i dont see any downside. Fauxtool fucked around with this message at 04:12 on Jun 25, 2017 |
|
#
?
Jun 25, 2017 04:06
|
|
|
shrike82 posted:Yeah I'm going to have to see the receipts on a 50% annual failure rate. We're talking about the risks of buying used mining hardware, pointing out that undercooled and overused cards have shorter lives seems pretty important to me when weighing the pros/cons of this route. You're getting a cheaper video card with some increased risk of early failure
|
|
#
?
Jun 25, 2017 04:09
|
|
|
QuarkJets posted:We're talking about the risks of buying used mining hardware, pointing out that undercooled and overused cards have shorter lives seems pretty important to me when weighing the pros/cons of this route. You're getting a cheaper video card with some increased risk of early failure dual fan GPUs being used to mine these days are not the same TDP as the blower 290s of the last mining bubble. Nobody is talking about buying the worn out AMD cards from back then. These cards are in okay shape and probably only 9 months old at worst Fauxtool fucked around with this message at 04:17 on Jun 25, 2017 |
|
#
?
Jun 25, 2017 04:14
|
|
|
Fauxtool posted:dual fan GPUs being used to mine these days are not the same TDP as the blower 290s of the last mining bubble. Nobody is talking about buying the worn out AMD cards from back then. These cards are in okay shape and probably only 9 months old at worst I have no experience with worn out AMD cards from years ago, I have experience with the GTX 980s that were being used recently and the 1080s that are being used now. I'm telling you that I've had colleagues experience real problems when they've undercooled and overworked these cards. Maybe the current/previous AMD varieties are totally fine (again, I don't use and know no one who uses AMD cards), but we have people talking about buying used 1080TIs and acting like there's no risk at all which is lol
|
|
#
?
Jun 25, 2017 04:28
|
|
|
even if GPUs used for mining have better cooling these days they were still owned by someone interested in touching the cryptopoop, and that makes them immediately more suspsect in my eyes. i don't want no cannabis spiders crawling out my hdmi port.
|
|
#
?
Jun 25, 2017 04:30
|
|
|
as the people using the 1080tis for mining are here, im 100% confident we will have a reasonable idea of their reliability after mining. If they start going bad we will know not to buy them used.
|
|
#
?
Jun 25, 2017 04:31
|
|
|
bitcoin mining has a way bigger fault tolerance than graphics though. you screw up 2 hashes in 1000 whatever, the client just trashes those. you screw up two vertices in 1000 and now Geralt Witcher has a face so big it's now in dragon age inquisition
|
|
#
?
Jun 25, 2017 04:36
|
|
|
|
| # ? May 22, 2024 00:36 |
|
|
or maybe that's bullshit but i don't have a lot of confidence in cryptotouchers to be honest and forthright about the quality of the gpus they're selling
|
|
#
?
Jun 25, 2017 04:39
|
|