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Topic: [ANN] CureCoin 2.0 is live - Mandatory Update is available now - DEC 2018 - page 43. (Read 696254 times)

sr. member
Activity: 430
Merit: 254
Yes, in the "fringe case" of comparing apples (6x 1070) to oranges (4x 1080), you can get bananas.

No the fringe case is where you only buy a set number of cards regardless of cost and compare card for card. There may be a case where a person is more limited by space/pci-e slots than actual budget, but THAT would be the fringe case. Anyone else is going to buy more of the cheaper card with better price/performance. If you are space/slot limited for some reason then 1080s don't make sense either. You should get Titan X Pascal in that case. There is no situation where 1080 makes sense. You are grasping at straws for justifying your purchase. It's called buyer's remorse...look it up and stop insulting everyone for not making the same mistake.

EDIT: Actually there is a case where it makes sense and that's if you bought one to game with but want to fold when you're not gaming...or decided later that you want to fold instead of gaming. In that case it makes PERFECT sense to have a single 1080 or two in SLI. I will concede that I didn't know it could pull 33% more PPD than a 1070. I thought it was more like 25% based on the limited info I have from the overclock.net database and adjusting that for what I've read in other places. Apparently I didn't adjust enough. Still though 50% more 1070 cards is better and a person would be far from stupid for getting 1070s over 1080s.
hero member
Activity: 1092
Merit: 552
Retired IRCX God
So the only way 1080s are more profitable is in the fringe case where you don't have an initial budget (ie. nobody), and don't use the money saved from buying 1070s over 1080s to buy 50% more 1070s. Gotcha.
Yes, in the "fringe case" of comparing apples (6x 1070) to oranges (4x 1080), you can get bananas.
sr. member
Activity: 430
Merit: 254
The only way 1070 tops 1080 is with a constrained initial "budget" where one would be buying 6x1070 vs 4x1080; however, in that narrow of a constraint, ROI isn't an actual concern (as it's trumped by initial purchase limitations).

*total system* revenue of 6 cards is 1070 ~$3,593.48 per year and 1080 ~$4,791.31 per year.

So the only way 1080s are more profitable is in the fringe case where you don't have an initial budget (ie. nobody), and don't use the money saved from buying 1070s over 1080s to buy 50% more 1070s. Gotcha. Wink

I can't AFFORD altruism.

Same here, sadly.
But ZEC is still more profitable than merged folding ATM, so hence my confusion.
I guess you have more faith in CURE in the long run?

Guys, when you say coin X or Y is more profitable than merged folding, is it really a lot more of $$/year compared to CURE + FLDC + MAGICFLDC (=>SpellsOfGenesis Cards) + other episodic tokens?

Because if it's just a few tens of bucks per year, okay those coins are indeed more profitable in absolute terms with your config, but merged folding would have helped science for only a small loss of profit for you...

Actually the guy saying that I don't think he actually did the math. When I explained it to him he changed his opinion.

He has pascal cards though not AMD. Merged folding is DEFINITELY more profitable than ZEC or ETH mining on nVidia cards.

600k PPD ~= 22 CURE and 1750 FLDC = 0.0033BTC / day / card
450Sol/s ~= 0.002 BTC / day / card

...and that's being generous on Sol rate and conservative on PPD.

I have AMD cards and I'm folding. It's not quite as profitable as ZEC but it's in the same ballpark. I get roughly 750k PPD vs. 1050Sol/s I would get mining ZEC. So about 0.0041 BTC/day for merge folding vs. 0.0046 BTC/day for ZEC mining. ZEC used to be significantly more profitable but only during the first month or so.

It's close enough...and if/when CURE 2.0 and SigmaX eventually get released I expect a rise. The low volume could be a problem for a large scale operation but for the average guy at home like myself with only a rig or two it's totally worth it (so that's a good thing for us). If/when the volume ever picks up it would be good for larger operations too and therefore the project as a whole (as that's the end goal and the whole idea of this coin).

Go, CURE! Cheesy

Thanks for clarification, I just switched back to folding.
Go, ME!
hero member
Activity: 1092
Merit: 552
Retired IRCX God
Guys, when you say coin X or Y is more profitable than merged folding, is it really a lot more of $$/year compared to CURE + FLDC + MAGICFLDC (=>SpellsOfGenesis Cards) + other episodic tokens?

Because if it's just a few tens of bucks per year, okay those coins are indeed more profitable in absolute terms with your config, but merged folding would have helped science for only a small loss of profit for you...
I don't think anyone (myself included) ever calculates more than just FLDC and/or CURE. SOG is improbable to calculate* and MAGICFLDC + others are usually considered "extras" because of the small market.



*I've still yet to have anyone tell/show me how to sell these cards.
member
Activity: 103
Merit: 10
I can't AFFORD altruism.

Same here, sadly.
But ZEC is still more profitable than merged folding ATM, so hence my confusion.
I guess you have more faith in CURE in the long run?

Guys, when you say coin X or Y is more profitable than merged folding, is it really a lot more of $$/year compared to CURE + FLDC + MAGICFLDC (=>SpellsOfGenesis Cards) + other episodic tokens?

Because if it's just a few tens of bucks per year, okay those coins are indeed more profitable in absolute terms with your config, but merged folding would have helped science for only a small loss of profit for you...
hero member
Activity: 1092
Merit: 552
Retired IRCX God
...To the other person claiming that 1080s are better in the long run - perhaps if you have VERY expensive electric cost, but their price differential vs their performance makes it take a VERY long time for them to even think about managing that if so - and in the mean time the 10-20% more PPD that the same $$$ amount spent on 1070 based systems is churning out more than makes up the small difference in electric cost *FOR ME*.

 I do concede that it's closer than the "raw cost" of just the cards would suggest - but I've always done my figuring on estimated *total system* cost/performance/operating cost, and 1080s have NEVER won on such a comparison - FOR ME.

Ignoring the  electric difference (~$15.77 USD per year for *total system* @ $0.01 per kWh):

GTX 1070
Cost: ~$400 USD
PPD: 600,000
FLDC per month: 12,000 - ~$14.72 USD
CURE per month: 787 - ~$35.43 USD
Purchase ROI: ~8 months "raw cost" per card
Yearly Revenue: ~$599 USD

GTX 1080
Cost: ~$600 USD
PPD: 800,000
FLDC per month: 16,000 - ~$19.29 USD
CURE per month: 1050 - ~$47.25 USD
Purchase ROI: ~9 months "raw cost" per card
Yearly Revenue: ~$798 USD

The only way 1070 tops 1080 is with a constrained initial "budget" where one would be buying 6x1070 vs 4x1080; however, in that narrow of a constraint, ROI isn't an actual concern (as it's trumped by initial purchase limitations).

*total system* revenue of 6 cards is 1070 ~$3,593.48 per year and 1080 ~$4,791.31 per year.
sr. member
Activity: 430
Merit: 254
To the other person claiming that 1080s are better in the long run - perhaps if you have VERY expensive electric cost, but their price differential vs their performance makes it take a VERY long time for them to even think about managing that if so - and in the mean time the 10-20% more PPD that the same $$$ amount spent on 1070 based systems is churning out more than makes up the small difference in electric cost

I'm too lazy to explain to you the math behind why 1060s aren't even an option for a full rig, or how ROI works, or why (at the time of this posting) there isn't a 10xx card under $1,000p/card that beats a 1080 (even with free electric).

What do you mean? Even with free electric 1080s are better Grin It's too bad he's so lazy and won't tell us about his secret math. Cheesy I guess the true extent of his genius will forever remain a mystery to us all...

ZEC is proving to not be all that memory hard, though ETH certainly is.

I really hope they make a Hawaii-esque "490/590" with lots of cores and a 512-bit GDDR5(X) memory bus on the new node as opposed to just an evolution of the Fiji card with HBM. I think that would be a great all-around mining card and would almost certainly buy some of those.

Since I'm off on this tangent...is anyone else chomping at the bit too for the new Ryzen CPUs?
legendary
Activity: 1498
Merit: 1030
Then again the memory-hard algos like ZEC and ETH can't seem to take advantage of the huge 4096-bit memory bus of HBM (Fiji) and are bottlenecked by the lower mem clock, so I'm not holding my breath either.


 ZEC is proving to not be all that memory hard, though ETH certainly is.

 To the other person claiming that 1080s are better in the long run - perhaps if you have VERY expensive electric cost, but their price differential vs their performance makes it take a VERY long time for them to even think about managing that if so - and in the mean time the 10-20% more PPD that the same $$$ amount spent on 1070 based systems is churning out more than makes up the small difference in electric cost *FOR ME*.

 I do concede that it's closer than the "raw cost" of just the cards would suggest - but I've always done my figuring on estimated *total system* cost/performance/operating cost, and 1080s have NEVER won on such a comparison - FOR ME.

sr. member
Activity: 430
Merit: 254
Anybody ever get this when you try to use counterwallet.io?

Quote
No counterparty servers are currently available. Please try again later. ERROR: %s
sr. member
Activity: 430
Merit: 254
hero member
Activity: 1092
Merit: 552
Retired IRCX God
...Ignorance is bliss after all Wink
Glad to know you'll stay blissful.
sr. member
Activity: 430
Merit: 254
I wish you all the happiness one can muster in your endeavors.

And I, you Cheesy Ignorance is bliss after all Wink
hero member
Activity: 1092
Merit: 552
Retired IRCX God
Lol that's fine I know how it works and I have done the math. It would take almost two years for a 1080 system to pull ahead of a 1070 system in profitability with a budget of $2600 up front...In my case if I were to buy them and THEN do the math I would end up with buyer's remorse.

Your math is way off and I'm not sure how greater ROI would give you "buyer's remorse", but I wish you all the happiness one can muster in your endeavors.
sr. member
Activity: 430
Merit: 254
Lol that's fine I know how it works and I have done the math. It would take almost two years for a 1080 system to pull ahead of a 1070 system in profitability with a budget of $2600 up front. That's assuming you keep dumping all of the coins you earn (and the price and difficulty of the coins remains either constant or directly proportional), and use the money to keep adding more cards until you get 6 of them in each rig. Of course there will be new Vega and Volta cards by then which means price and price/performance ratios of the cards will change (you would have bought all 6 1070s in May before Vega gets released but, you wouldn't get your 5th 1080 until end of July and your 6th until end of August...assuming you had your initial $2600 worth of hardware [roughly the cost in $CAD after tax/shipping of a barebones mining rig with 3x 1070s or 2x 1080s initially] in your hands today), so you have to make a lot of assumptions to even come up with numbers that far out.

I'm glad you're happy with your 1080 and you feel it was a good decision. In my case if I were to buy them and THEN do the math I would end up with buyer's remorse.
hero member
Activity: 1092
Merit: 552
Retired IRCX God
@bardacuda
I'm too lazy to explain to you the math behind why 1060s aren't even an option for a full rig, or how ROI works, or why (at the time of this posting) there isn't a 10xx card under $1,000p/card that beats a 1080 (even with free electric).
I wish you the best in whatever your choice is.
sr. member
Activity: 308
Merit: 250
He has pascal cards though not AMD. Merged folding is DEFINITELY more profitable than ZEC or ETH mining on nVidia cards.

600k PPD ~= 22 CURE and 1750 FLDC = 0.0033BTC / day / card
450Sol/s ~= 0.002 BTC / day / card

...and that's being generous on Sol rate and conservative on PPD.

I have AMD cards and I'm folding. It's not quite as profitable as ZEC but it's in the same ballpark. I get roughly 750k PPD vs. 1050Sol/s I would get mining ZEC. So about 0.0041 BTC/day for merge folding vs. 0.0046 BTC/day for ZEC mining. ZEC used to be significantly more profitable but only during the first month or so.

It's close enough...and if/when CURE 2.0 and SigmaX eventually get released I expect a rise. The low volume could be a problem for a large scale operation but for the average guy at home like myself with only a rig or two it's totally worth it (so that's a good thing for us). If/when the volume ever picks up it would be good for larger operations too and therefore the project as a whole (as that's the end goal and the whole idea of this coin).

Go, CURE! Cheesy

Thanks for clarification, I just switched back to folding.
Go, ME!
sr. member
Activity: 430
Merit: 254
It might make sense for someone who has the money up front and plans on keeping them for a long time, or if you were building many many rigs and wanted to get more PPD per slot to save on motherboards/HDDs/CPUs, etc... but in my case it doesn't make sense at all. Actually even in that case even just getting one 1060 instead of a 1080 or two 1070s instead of two 1080s would be enough to pay for the rest of the rig. They are too cost prohibitive.

Power is included in my rent here anyway so I'm not too concerned about that. Even if I were it's Canada and most of the time it's cold and the more heat my hardware gives off the less the baseboards are running anyway.

I just want bang for buck for my hardware. 1080s are one of the worst things I could buy for that metric...but I'm not buying right now anyway. If I were to build a folding rig right now I would want 1060s, 1070s, or possibly (used) Fury cards. For any other type of rig I would want 470s/480s or more used Hawaii cards (or again maybe Furys).
hero member
Activity: 1092
Merit: 552
Retired IRCX God
1080 is greater, sure, but it also costs $800 CAD vs. $550 CAD for a 1070. Pretty sure there's almost no situation where it's 45% faster.

When you do the math of what it does vs what it costs to do it, it makes the 1080 cheaper (in the long run) every time. "Faster" isn't all that matters, think watts per unit. Wink
sr. member
Activity: 430
Merit: 254
1080 is greater, sure, but it also costs $800 CAD vs. $550 CAD for a 1070. Pretty sure there's almost no situation where it's 45% faster.
hero member
Activity: 1092
Merit: 552
Retired IRCX God
I had half a mind to get some 1070s but I just don't want to be pigeonholed into folding or the fewer algos where nvidia makes sense...
There's almost no situation (folding or mining) where a 1070>180. If you go for NV, got 1080. Wink
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