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390s selling for 300-350 USD You're talking about 280ish watts for 30-35 MH/s
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# ¿ Jun 21, 2017 16:00 |
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# ¿ Apr 30, 2024 22:35 |
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Don Lapre posted:I have a customer who wants me to build him a 6 gpu 1060 rig. should i tell him hes dumb or take his money Warn him about inflated GPU costs, and if hes still fine take the money
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# ¿ Jun 21, 2017 18:48 |
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everdave posted:I just saw this thread and have been looking for a place to research mining (I have multiple computers with 1060's and electricity is included with my rent). http://www.ebay.com/itm/Mint-Black-...FQAAOSwCkZZRIMu
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# ¿ Jun 21, 2017 19:38 |
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1gnoirents posted:Thanks for thread, I just broke the very first rule in the OP which was buy a 1070 specifically for this. However I got it at MSRP after looking at ebay prices I figured, at worst, at the moment, id break even (even after shipping, PP fees, ebay fees, the works). Also I have a machine to plop it into. Also it will be running somewhere other than my home (so no power bills). Ethereum down to
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# ¿ Jun 21, 2017 21:36 |
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Why the hell are people margin trading unregulated magical internet money? Stick to wallstreet jfc
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# ¿ Jun 22, 2017 01:14 |
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eames posted:This will be fun to watch considering miners are already jumping ship to pascal. July 30th I'd say DOA
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# ¿ Jun 23, 2017 16:08 |
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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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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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eames posted:trunk full of 44x GTX1060 purchased at 279 (~$310) yesterday These people believe in hype
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# ¿ Jun 24, 2017 13:00 |
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Ether $295, 25% slide over past 14d. Check your numbers
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# ¿ Jun 25, 2017 19:04 |
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Risky Bisquick posted:Ether $295, 25% slide over past 14d. Check your numbers spot price: $262.65
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# ¿ Jun 25, 2017 22:32 |
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How are you guys unprofitable? I'm positive over $0.73 USD using a r9 390
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# ¿ Jun 26, 2017 15:41 |
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cheese-cube posted:So if I understand this right ya'll have expended a not-insignificant amount of time to earn less in a week than you'd usually get for an hour of work at min wage? Passively, that scales up. 3-4 gpu systems are pretty low effort without needing power risers, milk crates, and a fire extinguisher when it all catches fire.
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# ¿ Jun 26, 2017 16:03 |
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You can buy lots of household things on Amazon now, he is the reason retail is dying
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# ¿ Jun 26, 2017 16:26 |
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xthetenth posted:A week's worth of the computer's effort isn't the same as a week's worth of your own personal effort. Basically this, you can get 1 year warranty from the manufacturer, and another year from a credit card which is essentially the useful life of the GPU. If it doesn't die in this time you can harvest like $200 out of the x70's depreciation. BangersInMyKnickers posted:Are you running AC? Because inflate your power bill by 50% immediately if you are FYI. Power draw on the card is not going to be what is pulled at the plug. You have other components that need to be powered so you likely have another 20-40W for an idle CPU, memory, and motherboard. Then another 10-20% overhead from losses in the power supply. Who doesn't use a kill-a-watt and measure at the wall already? I can borrow them from my library.
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# ¿ Jun 26, 2017 18:18 |
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# ¿ Jun 26, 2017 19:09 |
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Fauxtool posted:what exactly has caused the steep drop in profits over the last week. I was doing over $6 a day on a 1070 and now its barely $3. Still way in the black but troubling. Im not seeing a major drop in value so is it just all the added miners fighting for new blocks and only that? If nicehash wasnt so easy to get started they wouldnt never be mining, but neither would I The difficulty is increasing at a much faster rate than the value of a coin
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# ¿ Jun 26, 2017 21:58 |
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its a text replace
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# ¿ Jun 27, 2017 19:41 |
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Flipping 390, buying two 1070s v0v
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# ¿ Jun 28, 2017 16:08 |
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metallicaeg posted:Well I'm fuckin out of this dumb game. I created a wallet/account/whatever on coinbase, with nicehash set to deposit in the address given. Deposit showed on nicehash yesterday to that same address that was showing in coinbase (which I verified at least one other time as I had a second PC doing some mining part time). Didn't see the deposit anywhere on coinbase, decided to poke around the site further and saw that it's a completely different address now, so my deposit is sent to who knows where the gently caress. https://www.coinbase.com/addresses
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# ¿ Jun 28, 2017 17:37 |
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May your magical internet money shine true
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# ¿ Jun 28, 2017 17:51 |
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MaxxBot posted:FWIW looks like Vega does about 30-35 MH/s for Eth
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# ¿ Jun 29, 2017 01:04 |
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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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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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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 |
# ¿ Jun 30, 2017 01:44 |
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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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Sold my R9 390 today for $420 CAD / ~325 USD. Cheating on AMD with the new wifu, I should still use the sticker right?
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# ¿ Jul 1, 2017 03:03 |
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Someone at my work has a bunch of bitcoins with an average purchase price of like 600 USD, still going long. In case you missed that, he bought bitcoin with money and is currently in the money so to speak.
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# ¿ Jul 1, 2017 03:40 |
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Has anyone used coincards.ca?
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# ¿ Jul 1, 2017 04:31 |
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https://bitcointalk.org/index.php?topic=1806061.0 Garage/Shed datacentre with 550 amp service
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# ¿ Jul 1, 2017 07:05 |
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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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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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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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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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Craptacular posted:I reran the benchmarks with high precision, got the following: How is your dagger hashrate so low? I'm getting 30MH/s, -25% power, mem @ 9000 e: Did you not install the 3rd party sw? Risky Bisquick fucked around with this message at 04:14 on Jul 3, 2017 |
# ¿ Jul 3, 2017 03:58 |
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970s are cheap and will pay themselves off in two months, if the difficulty increases or values crash you can dump them for the same price you paid for them.
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# ¿ Jul 4, 2017 15:19 |
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So uncheck LBRY on nicehash, got it
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# ¿ Jul 4, 2017 17:59 |
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It looks like general crypto prices (april-now) fluctuate on a 2 week timespan, which happens to coincide with the nicehash biweekly payment. Still have a 1050ti on order
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# ¿ Jul 5, 2017 14:45 |
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1gnoirents posted:Alright boys That's hot, there's still some money to be made. Here I am waiting on my 15mh/s 1050ti and amazon is dropping the ball. I'm losing dollars a day here bezos
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# ¿ Jul 6, 2017 06:17 |
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# ¿ Apr 30, 2024 22:35 |
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Lots of posts on /r/nicehash or /r/ethermining about profitability and pulling out. Ebay/CL will be the place to time the crash and acquire hardware on the cheap if you were looking for some
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# ¿ Jul 9, 2017 06:11 |