When you guys sell rigs, do you typically box the GPU's back up and sell them individually, or do you sell the rigs whole?
I got 3x 1060 3GB rigs that I will be shutting down permanently soon. 2 of them have 8 GPUs and the 3rd one has 7. It would be much easier to do 3 transactions instead of 23, but I have a feeling I would take a big loss selling the rigs whole vs. individual cards.
With patience, I should be able to sell each GPU for $100-110, but I doubt anyone would pay ~ $1k for a 8x 1060 3GB rig (with mobo, , CPU, PSU, etc). Besides, by selling only the GPU's, I'd still have the base system for loading up with new 7nm GPU's in a few years, should mining become a thing again.
Topic: 8th Alt coin thread. Or what to do now that asics are all over the place. - page 13. (Read 81547 times)
March 05, 2019, 07:20:14 AM
March 05, 2019, 04:33:10 AM
I realized this also however right now since mining is not profitable at all, there isn't too much demand for these mining GPUs. Hence you would need to sell them very cheap and you are better off just holding on to them unless you got some 1080Ti you need to desperately unload to pay off your Newegg Credit card bills.
I predict that most likely the value of GPUs won't be that much different in 6-12 months time. So you are better off just waiting and when the profitability comes back either mine then or just sell your rigs then.
I predict that most likely the value of GPUs won't be that much different in 6-12 months time. So you are better off just waiting and when the profitability comes back either mine then or just sell your rigs then.
Yeah, you were right. I'm still looking for an opportunity to mine again later, but if I realize that day will never come (when my patience will wear out someday) i'll sell all of my gears for a fair price.
Luckily I bought my gears when the break-even barriers not getting bigger as now. I started mining in mid-2016 btw and for my latest rigs, it reaches breakeven at the end of 2017.
March 05, 2019, 01:52:43 AM
Well been out of the mining loop for a while. Was hoping to re-start my ETH mining after the ETH fork if the price > $200 or so. However looks like profitability is worse now than before and nets like a nickel a day, whereas before it net a dime a day.
Wondering if anything special is coming up? I heard there is a potential XMR fork with an anti-ASIC algo and there is some ETH ProgPOW in the works. Any idea if these will actually happen ?
Too attached to my RX GPUs and R9 290 to sell them on eBay , will just keep them in the basement for a while until maybe one day they will become useful again.
Wondering if anything special is coming up? I heard there is a potential XMR fork with an anti-ASIC algo and there is some ETH ProgPOW in the works. Any idea if these will actually happen ?
Too attached to my RX GPUs and R9 290 to sell them on eBay , will just keep them in the basement for a while until maybe one day they will become useful again.
It has happened to me .... My earnings have roughly more than halved from October due to a falling rate of profit in altcoin mining, so I simply turn off my rig and it almost 5 months now.
I'm not lucky enough to get cheap electricity, my costs is 0.105 kwh and it's really hard to mine, an even for a new coin with high profitability because difficulty can blow up if it suddenly gets hit by huge mining power when a lot of miners know that coin have profitability to mine.
Hopefully, with the next halving event expected to happen in the next year will be bringing a significant impact on altcoin mining.
I realized this also however right now since mining is not profitable at all, there isn't too much demand for these mining GPUs. Hence you would need to sell them very cheap and you are better off just holding on to them unless you got some 1080Ti you need to desperately unload to pay off your Newegg Credit card bills.
I predict that most likely the value of GPUs won't be that much different in 6-12 months time. So you are better off just waiting and when the profitability comes back either mine then or just sell your rigs then.
March 04, 2019, 11:20:37 PM
Well been out of the mining loop for a while. Was hoping to re-start my ETH mining after the ETH fork if the price > $200 or so. However looks like profitability is worse now than before and nets like a nickel a day, whereas before it net a dime a day.
Wondering if anything special is coming up? I heard there is a potential XMR fork with an anti-ASIC algo and there is some ETH ProgPOW in the works. Any idea if these will actually happen ?
Too attached to my RX GPUs and R9 290 to sell them on eBay , will just keep them in the basement for a while until maybe one day they will become useful again.
Wondering if anything special is coming up? I heard there is a potential XMR fork with an anti-ASIC algo and there is some ETH ProgPOW in the works. Any idea if these will actually happen ?
Too attached to my RX GPUs and R9 290 to sell them on eBay , will just keep them in the basement for a while until maybe one day they will become useful again.
It has happened to me .... My earnings have roughly more than halved from October due to a falling rate of profit in altcoin mining, so I simply turn off my rig and it almost 5 months now.
I'm not lucky enough to get cheap electricity, my costs is 0.105 kwh and it's really hard to mine, an even for a new coin with high profitability because difficulty can blow up if it suddenly gets hit by huge mining power when a lot of miners know that coin have profitability to mine.
Hopefully, with the next halving event expected to happen in the next year will be bringing a significant impact on altcoin mining.
March 04, 2019, 08:59:30 PM
Well been out of the mining loop for a while. Was hoping to re-start my ETH mining after the ETH fork if the price > $200 or so. However looks like profitability is worse now than before and nets like a nickel a day, whereas before it net a dime a day.
Wondering if anything special is coming up? I heard there is a potential XMR fork with an anti-ASIC algo and there is some ETH ProgPOW in the works. Any idea if these will actually happen ?
Too attached to my RX GPUs and R9 290 to sell them on eBay , will just keep them in the basement for a while until maybe one day they will become useful again.
Wondering if anything special is coming up? I heard there is a potential XMR fork with an anti-ASIC algo and there is some ETH ProgPOW in the works. Any idea if these will actually happen ?
Too attached to my RX GPUs and R9 290 to sell them on eBay , will just keep them in the basement for a while until maybe one day they will become useful again.
It has happened to me .... My earnings have roughly more than halved from October due to a falling rate of profit in altcoin mining, so I simply turn off my rig and it almost 5 months now.
I'm not lucky enough to get cheap electricity, my costs is 0.105 kwh and it's really hard to mine, an even for a new coin with high profitability because difficulty can blow up if it suddenly gets hit by huge mining power when a lot of miners know that coin have profitability to mine.
Hopefully, with the next halving event expected to happen in the next year will be bringing a significant impact on altcoin mining.
March 04, 2019, 05:07:54 PM
Well been out of the mining loop for a while. Was hoping to re-start my ETH mining after the ETH fork if the price > $200 or so. However looks like profitability is worse now than before and nets like a nickel a day, whereas before it net a dime a day.
Wondering if anything special is coming up? I heard there is a potential XMR fork with an anti-ASIC algo and there is some ETH ProgPOW in the works. Any idea if these will actually happen ?
Too attached to my RX GPUs and R9 290 to sell them on eBay , will just keep them in the basement for a while until maybe one day they will become useful again.
Wondering if anything special is coming up? I heard there is a potential XMR fork with an anti-ASIC algo and there is some ETH ProgPOW in the works. Any idea if these will actually happen ?
Too attached to my RX GPUs and R9 290 to sell them on eBay , will just keep them in the basement for a while until maybe one day they will become useful again.
XMR's POW will be tweaked again on March 9 at block 1788000: https://www.reddit.com/r/MoneroMining/comments/awx4jg/you_must_update_your_miners_for_the_march_9/
Yet, there is a discussion to implement Random X as long term solution: https://www.reddit.com/r/Monero/comments/aovypq/randomx_asic_resistant_pow_community_feedback/
ETH's ProgPoW is still work in progress. Zcash dropped the ball: https://github.com/ZcashFoundation/GrantProposals-2018Q2/issues/15
March 04, 2019, 01:34:04 AM
Well been out of the mining loop for a while. Was hoping to re-start my ETH mining after the ETH fork if the price > $200 or so. However looks like profitability is worse now than before and nets like a nickel a day, whereas before it net a dime a day.
Wondering if anything special is coming up? I heard there is a potential XMR fork with an anti-ASIC algo and there is some ETH ProgPOW in the works. Any idea if these will actually happen ?
Too attached to my RX GPUs and R9 290 to sell them on eBay , will just keep them in the basement for a while until maybe one day they will become useful again.
Wondering if anything special is coming up? I heard there is a potential XMR fork with an anti-ASIC algo and there is some ETH ProgPOW in the works. Any idea if these will actually happen ?
Too attached to my RX GPUs and R9 290 to sell them on eBay , will just keep them in the basement for a while until maybe one day they will become useful again.
March 03, 2019, 09:19:50 AM
I'm reading stuff around forums and youtube videos... Figures being flaunted like 24MH/s Ethash (who cares), 20 MH/s x16r (that's better)... If you ask me, it looks to be a very, VERY efficient card. close to GTX 1080 performance for RX 570 wattage (and price). Quite impressive.
Yeah that ETH number is meh but 20 on x16r isn't that bad.. but my 1080tis are barely breaking even on x16r as it is with $0.11 power.how much power and hash with your 1080ti's on x16r
March 02, 2019, 10:45:47 AM
I just returned a rtx 2070 pretty good card.
I may get a 1660ti next
test address below
it is for sv bitcoincash
bitcoincash:qq748m6m69sge7tym6r7wugp2radsvkv55v3gq377d
new
bitcoincash:qzkeun7ym7mjerqypd7fe3fjgqmztvlqq5vddm7ys5
I may get a 1660ti next
test address below
it is for sv bitcoincash
bitcoincash:qq748m6m69sge7tym6r7wugp2radsvkv55v3gq377d
new
bitcoincash:qzkeun7ym7mjerqypd7fe3fjgqmztvlqq5vddm7ys5
March 01, 2019, 07:22:52 AM
I'm reading stuff around forums and youtube videos... Figures being flaunted like 24MH/s Ethash (who cares), 20 MH/s x16r (that's better)... If you ask me, it looks to be a very, VERY efficient card. close to GTX 1080 performance for RX 570 wattage (and price). Quite impressive.
Yeah that ETH number is meh but 20 on x16r isn't that bad.. but my 1080tis are barely breaking even on x16r as it is with $0.11 power.Ah well, with the 1660's and 1550 Ti's and what not it looks like nVidia is really releasing a crapton of cards to corner every part of the market now. Every $50 you get another card.
February 28, 2019, 11:30:50 PM
I'm reading stuff around forums and youtube videos... Figures being flaunted like 24MH/s Ethash (who cares), 20 MH/s x16r (that's better)... If you ask me, it looks to be a very, VERY efficient card. close to GTX 1080 performance for RX 570 wattage (and price). Quite impressive.
Yeah that ETH number is meh but 20 on x16r isn't that bad.. but my 1080tis are barely breaking even on x16r as it is with $0.11 power.how much power and hash with your 1080ti's on x16r
February 25, 2019, 08:05:36 AM
I'm reading stuff around forums and youtube videos... Figures being flaunted like 24MH/s Ethash (who cares), 20 MH/s x16r (that's better)... If you ask me, it looks to be a very, VERY efficient card. close to GTX 1080 performance for RX 570 wattage (and price). Quite impressive.
Yeah that ETH number is meh but 20 on x16r isn't that bad.. but my 1080tis are barely breaking even on x16r as it is with $0.11 power. February 25, 2019, 07:36:13 AM
anyone get the gtx 1660ti?
btc tester
34T2dcMozyihmWerr6ToNv2XMrHdg6RDcX
ltc tester
LSUd5DLEuZhTYaerq8Kx9CYS7b6chCwnAf
No, have you?btc tester
34T2dcMozyihmWerr6ToNv2XMrHdg6RDcX
ltc tester
LSUd5DLEuZhTYaerq8Kx9CYS7b6chCwnAf
I'm reading stuff around forums and youtube videos... Figures being flaunted like 24MH/s Ethash (who cares), 20 MH/s x16r (that's better)... If you ask me, it looks to be a very, VERY efficient card. close to GTX 1080 performance for RX 570 wattage (and price). Quite impressive.
February 24, 2019, 06:40:13 PM
anyone get the gtx 1660ti?
btc tester
34T2dcMozyihmWerr6ToNv2XMrHdg6RDcX
ltc tester
LSUd5DLEuZhTYaerq8Kx9CYS7b6chCwnAf
btc tester
34T2dcMozyihmWerr6ToNv2XMrHdg6RDcX
ltc tester
LSUd5DLEuZhTYaerq8Kx9CYS7b6chCwnAf
February 19, 2019, 07:49:05 PM
i would like to point out that there is another option, passive income like rooms/apartment/anything for rent produces current too just a different kind of current called currency $$$ that currency can get you coins thru exchanges or run your rigs thru the electric company by sending them $$$.
here is a food for thought, the biggest mining farm--> federal reserve, they can print 4000$ cash for just around 3$ cost...just 3$ for 1 BTC...even cheaper, just typing 4000$ in a computer, that's just cents in electricity and efforts for 1 BTC
heheThe "passive income" thing can work, but it does have costs and needs a LOT of investment to generate significant income.
My maternal Grandparents went that route after Grandpa retired - but they had fairly close to $1,000,000 to work with between Grandpa cashing out his "employee stock purchase" plan, them selling their (fairly small) farm, etc.
You can get started with quite a bit less than that though - but it's a case of "more investment = more income" and is pretty close to linear in a given area.
The Federal Reserve Bank does NOT print money - that's the US Treasury Department via the US Mint(s), and they also turn metal into money (but sometimes at a LOSS on that, pennies in particular the material cost has been higher than 1 cent for a LONG time now).
different countries different economic scenario, from where I am a 65,000$ can purchase a lot that you can lease at ~500$ a month, any improvements will increase the passive income from 500$ to above that..but surely you have to shift though shitcoins in real estate, sometimes you might get lucky.
renewable energy=nature
passive income=humans as battery, paying you money which is convertible to almost anything.
look at phil's thread on the second solar farm, i think what people will commonly overlook is the warehouse owner has a cut in profits hehe
yes we have 520th btc and 8gh ltc
but only 260th is mine and buysolars
and only 8gh ltc is mine and buysolars
split again
I have 130th of btc mining for free from now on.
I have 2gh of ltc mining for free from now on.
that is 644usd in btc for free
that is 375usd in ltc for free
that is 1059usd for me in coins for free or after spilts. each month.
not getting rich on this.
but the solar has big upsides in NJ
so big we will be doing a bigger setup soon maybe 2x or 1.5x
so my 1059 would get 1500 or 2000 more.
and with the splits the way they are structured my power cost fear/risk goes by by.
And I hodl most of that coin. just like I do with BCI.
I am hoping for 1 good run in the next five years. I can keep on doing what I am doing cause it always makes some money. One good run and it becomes serious money.
February 19, 2019, 11:18:03 AM
anyone mining ZIL (Zilica)?
uupool seems to have setup a live pool using Ethash algo to dual mine ZIL and ETH.
I switched my modest farm from ETC to ZIL+ETH at low intensity to save on power and see how this ZIL goes.
Yeah this ZIL is yet another platform project, but hitting nearly 3000 tx/s is quite impressive (apart from TRON)
https://uupool.cn/zil/tmteth/
Keep us posted on how you are getting on.uupool seems to have setup a live pool using Ethash algo to dual mine ZIL and ETH.
I switched my modest farm from ETC to ZIL+ETH at low intensity to save on power and see how this ZIL goes.
Yeah this ZIL is yet another platform project, but hitting nearly 3000 tx/s is quite impressive (apart from TRON)
https://uupool.cn/zil/tmteth/
There aren't too many things one can mine profitably nowadays, I had kinda written off ETH a while ago. Well, at 16cts/KWh anyway...
Kinda torn on what to do with hardware currently. Thinking I should sell my RX 570s are they are basically not making any money at all. Have already pretty much repurposed/dismantled my Polaris rigs. Question is, what should I buy now, if at all. I might get a very good deal on power for a few rigs, I'll have to choose my hardware wisely...
Kinda depends on if your 570s have paid themselves off or not I guess.
I mostly have 470s (4GB and 8GB), that have been running for 3 years now and have long since paid for themselves. I could sell them for 100-150$ I guess nowadays. The new VEGA VII look pretty decent, thing is I don't want to go through the hassle of setting up new GPUs and frankly, if/when I sell some of my gear, I will probably just buy BTC and hodl till the next moon with whatever I get for them.
Am thinking the same way as h311m4n. However, I did buy a new BTC miner (T15) and sent it to a low cost host site.
February 19, 2019, 10:13:30 AM
anyone mining ZIL (Zilica)?
uupool seems to have setup a live pool using Ethash algo to dual mine ZIL and ETH.
I switched my modest farm from ETC to ZIL+ETH at low intensity to save on power and see how this ZIL goes.
Yeah this ZIL is yet another platform project, but hitting nearly 3000 tx/s is quite impressive (apart from TRON)
https://uupool.cn/zil/tmteth/
Keep us posted on how you are getting on.uupool seems to have setup a live pool using Ethash algo to dual mine ZIL and ETH.
I switched my modest farm from ETC to ZIL+ETH at low intensity to save on power and see how this ZIL goes.
Yeah this ZIL is yet another platform project, but hitting nearly 3000 tx/s is quite impressive (apart from TRON)
https://uupool.cn/zil/tmteth/
There aren't too many things one can mine profitably nowadays, I had kinda written off ETH a while ago. Well, at 16cts/KWh anyway...
Kinda torn on what to do with hardware currently. Thinking I should sell my RX 570s are they are basically not making any money at all. Have already pretty much repurposed/dismantled my Polaris rigs. Question is, what should I buy now, if at all. I might get a very good deal on power for a few rigs, I'll have to choose my hardware wisely...
Kinda depends on if your 570s have paid themselves off or not I guess.
I mostly have 470s (4GB and 8GB), that have been running for 3 years now and have long since paid for themselves. I could sell them for 100-150$ I guess nowadays. The new VEGA VII look pretty decent, thing is I don't want to go through the hassle of setting up new GPUs and frankly, if/when I sell some of my gear, I will probably just buy BTC and hodl till the next moon with whatever I get for them.
February 19, 2019, 07:22:31 AM
anyone mining ZIL (Zilica)?
uupool seems to have setup a live pool using Ethash algo to dual mine ZIL and ETH.
I switched my modest farm from ETC to ZIL+ETH at low intensity to save on power and see how this ZIL goes.
Yeah this ZIL is yet another platform project, but hitting nearly 3000 tx/s is quite impressive (apart from TRON)
https://uupool.cn/zil/tmteth/
Keep us posted on how you are getting on.uupool seems to have setup a live pool using Ethash algo to dual mine ZIL and ETH.
I switched my modest farm from ETC to ZIL+ETH at low intensity to save on power and see how this ZIL goes.
Yeah this ZIL is yet another platform project, but hitting nearly 3000 tx/s is quite impressive (apart from TRON)
https://uupool.cn/zil/tmteth/
There aren't too many things one can mine profitably nowadays, I had kinda written off ETH a while ago. Well, at 16cts/KWh anyway...
Kinda torn on what to do with hardware currently. Thinking I should sell my RX 570s are they are basically not making any money at all. Have already pretty much repurposed/dismantled my Polaris rigs. Question is, what should I buy now, if at all. I might get a very good deal on power for a few rigs, I'll have to choose my hardware wisely...
February 18, 2019, 12:16:03 PM
i would like to point out that there is another option, passive income like rooms/apartment/anything for rent produces current too just a different kind of current called currency $$$ that currency can get you coins thru exchanges or run your rigs thru the electric company by sending them $$$.
here is a food for thought, the biggest mining farm--> federal reserve, they can print 4000$ cash for just around 3$ cost...just 3$ for 1 BTC...even cheaper, just typing 4000$ in a computer, that's just cents in electricity and efforts for 1 BTC
heheThe "passive income" thing can work, but it does have costs and needs a LOT of investment to generate significant income.
My maternal Grandparents went that route after Grandpa retired - but they had fairly close to $1,000,000 to work with between Grandpa cashing out his "employee stock purchase" plan, them selling their (fairly small) farm, etc.
You can get started with quite a bit less than that though - but it's a case of "more investment = more income" and is pretty close to linear in a given area.
The Federal Reserve Bank does NOT print money - that's the US Treasury Department via the US Mint(s), and they also turn metal into money (but sometimes at a LOSS on that, pennies in particular the material cost has been higher than 1 cent for a LONG time now).
different countries different economic scenario, from where I am a 65,000$ can purchase a lot that you can lease at ~500$ a month, any improvements will increase the passive income from 500$ to above that..but surely you have to shift though shitcoins in real estate, sometimes you might get lucky.
renewable energy=nature
passive income=humans as battery, paying you money which is convertible to almost anything.
look at phil's thread on the second solar farm, i think what people will commonly overlook is the warehouse owner has a cut in profits hehe
February 18, 2019, 11:59:50 AM
i would like to point out that there is another option, passive income like rooms/apartment/anything for rent produces current too just a different kind of current called currency $$$ that currency can get you coins thru exchanges or run your rigs thru the electric company by sending them $$$.
here is a food for thought, the biggest mining farm--> federal reserve, they can print 4000$ cash for just around 3$ cost...just 3$ for 1 BTC...even cheaper, just typing 4000$ in a computer, that's just cents in electricity and efforts for 1 BTC
heheThe "passive income" thing can work, but it does have costs and needs a LOT of investment to generate significant income.
My maternal Grandparents went that route after Grandpa retired - but they had fairly close to $1,000,000 to work with between Grandpa cashing out his "employee stock purchase" plan, them selling their (fairly small) farm, etc.
You can get started with quite a bit less than that though - but it's a case of "more investment = more income" and is pretty close to linear in a given area.
The Federal Reserve Bank does NOT print money - that's the US Treasury Department via the US Mint(s), and they also turn metal into money (but sometimes at a LOSS on that, pennies in particular the material cost has been higher than 1 cent for a LONG time now).
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