I only started like 3 weeks ago making .33 coins a day with one 6870. now i'm making 15-16. i realized i was getting into this pretty late but it still seemed worth the investment before the latest increase. i was going to buy another rig too that could support two gpus because my current miner has only one pcie slot.
i was still optimistic a couple of days ago but now a new rig seems like a bad idea. i really thought we'd already be seeing some price hikes to go along with this difficulty increase but none so far. i guess those hardcore miners are keeping a steady supply to meet demand. i guess i'll just keep mining my one card and try to recoup the investment.
Topic: Anybody else getting slaughtered by this latest difficulty? - page 3. (Read 10212 times)
Relax. It seems that all the discouragement from Angelus is working. Why else would we be stalling at roughly 6 blocks per hours?! 
I had 3 5850 got 1.5BTC a day 2 weeks ago.. Now I have 6 5850 again getting 1.5BTC a day...
Very Very sad...
Very Very sad...
5850s
And people are RIGHT NOW bidding 5830's up to $160 on eBay -- at least that's the going "market rate" on eBay for them. Which is ridiculous -- anyone hoping to MAKE MONEY is going to be disappointed, because you'll never see $160 from one of those cards. A person would be better off buying $160 worth of BTC.
5830s, unlike 5850s, do NOT get 0.25 BTC/day. 5830s only get 0.167 BTC/day.
Now if it wasn't $160, it might be an OK deal. Perhaps $130 at the absolute highest.
Really, what made the 5830 popular was the $110 price point. It's NOT the ultimate card for Bitcoin mining. There are plenty of cards that mine better than that card!
When I see people bidding the 5830 up higher than a 5850 or 5870, I have to shake my head. The 5850 gets about 350 MH/s and the 5970 gets about 365 MH/s, with moderate overclocking (no voltage tweaking).
Unfortunately, the smart people figure it out first, followed by the pretty smart, followed by those of average intelligence, followed by those of below-average intelligence.
Not everyone "figures things out" at the same time.
Just like with the Dot-Com bubble, just like with house flipping. There were some people who didn't know the bubble burst even after it burst! They still thought the bubble was intact (rather than burst). Those people, of course, lost plenty of money.
You want to be one of the quick ones -- one of the smart ones.
Its amazing that you would imply others are of lower intelligence than yourself when you ignore the very base and simple concept of:
It is impossible to predict future price
It is impossible to predict future price
It is impossible to predict future price
It is impossible to predict future price
So yeah maybe that 5830 will never make you $160. Or maybe it will make you $1600.
Seriously man enough with the posts. You don't want more people to mine, because then it'll be harder for you. I'm seriously crying at how bad I feel for you, you poor poor little baby. (sarcasm obv)
I'm close to saying screw ebay on most stuff and going back to craigslist. So many retards on craigslist though...
You've just answered your own question about why people use eBay. Binding agreements and you almost always get paid. Selling through forums or other means is like pulling teeth. eBay's charges are terrible but there are few other viable alternatives.
I had 3 5850 got 1.5BTC a day 2 weeks ago.. Now I have 6 5850 again getting 1.5BTC a day...
Very Very sad...
Very Very sad...
5850s
And people are RIGHT NOW bidding 5830's up to $160 on eBay -- at least that's the going "market rate" on eBay for them. Which is ridiculous -- anyone hoping to MAKE MONEY is going to be disappointed, because you'll never see $160 from one of those cards. A person would be better off buying $160 worth of BTC.
5830s, unlike 5850s, do NOT get 0.25 BTC/day. 5830s only get 0.167 BTC/day.
Now if it wasn't $160, it might be an OK deal. Perhaps $130 at the absolute highest.
Really, what made the 5830 popular was the $110 price point. It's NOT the ultimate card for Bitcoin mining. There are plenty of cards that mine better than that card!
When I see people bidding the 5830 up higher than a 5850 or 5870, I have to shake my head. The 5850 gets about 350 MH/s and the 5970 gets about 365 MH/s, with moderate overclocking (no voltage tweaking).
Unfortunately, the smart people figure it out first, followed by the pretty smart, followed by those of average intelligence, followed by those of below-average intelligence.
Not everyone "figures things out" at the same time.
Just like with the Dot-Com bubble, just like with house flipping. There were some people who didn't know the bubble burst even after it burst! They still thought the bubble was intact (rather than burst). Those people, of course, lost plenty of money.
You want to be one of the quick ones -- one of the smart ones.
A 5870 can get 430 MH/s without touching the voltage.
My 5830s does 300 Mh/s at less noise and less heat than my 5850s (my 5850s are voltage locked since the stupid software won't adjust it without it being in crossfire, they are stable at 323 Mh/s). My 5870s (without touching voltage), will only do around410-415 Mh/s.
If I was redoing my farm, I would only use 5830s but I agree that the price of $160 isn't a great deal for them. I picked mine up for $110.
I had 3 5850 got 1.5BTC a day 2 weeks ago.. Now I have 6 5850 again getting 1.5BTC a day...
Very Very sad...
Very Very sad...
5850s
And people are RIGHT NOW bidding 5830's up to $160 on eBay -- at least that's the going "market rate" on eBay for them. Which is ridiculous -- anyone hoping to MAKE MONEY is going to be disappointed, because you'll never see $160 from one of those cards. A person would be better off buying $160 worth of BTC.
5830s, unlike 5850s, do NOT get 0.25 BTC/day. 5830s only get 0.167 BTC/day.
Now if it wasn't $160, it might be an OK deal. Perhaps $130 at the absolute highest.
Really, what made the 5830 popular was the $110 price point. It's NOT the ultimate card for Bitcoin mining. There are plenty of cards that mine better than that card!
When I see people bidding the 5830 up higher than a 5850 or 5870, I have to shake my head. The 5850 gets about 350 MH/s and the 5970 gets about 365 MH/s, with moderate overclocking (no voltage tweaking).
Unfortunately, the smart people figure it out first, followed by the pretty smart, followed by those of average intelligence, followed by those of below-average intelligence.
Not everyone "figures things out" at the same time.
Just like with the Dot-Com bubble, just like with house flipping. There were some people who didn't know the bubble burst even after it burst! They still thought the bubble was intact (rather than burst). Those people, of course, lost plenty of money.
You want to be one of the quick ones -- one of the smart ones.
A 5870 can get 430 MH/s without touching the voltage.
The sky is always falling with him, and the worst case scenario is always the norm, don't pay much attention.
Just sold a used 5830 on ebay this weekend for $162.50 shipped before ebay/paypal fees. So take away shipping and ebay fees and I netted ~$125. Not bad for a $109 card.
BTW, anyone else think ebay fees are completely out of hand? Ebay charged $14.63 in fees for that $162.50 sale. Then Paypal charged $5.01. That is around 12 percent for simply hosting a web page and moving some money around. I'm close to saying screw ebay on most stuff and going back to craigslist. So many retards on craigslist though...
BTW, anyone else think ebay fees are completely out of hand? Ebay charged $14.63 in fees for that $162.50 sale. Then Paypal charged $5.01. That is around 12 percent for simply hosting a web page and moving some money around. I'm close to saying screw ebay on most stuff and going back to craigslist. So many retards on craigslist though...
I would never sell on ebay, the markup you need is retarded. The fees total roughly 13% with paypal. I use private sites to traffic in my video cards (better for buying and selling, yay). The only time I used ebay in the past 8 years was because of that groupon deal that gave you 60% off purchases. Other than that that site can piss off.
Just sold a used 5830 on ebay this weekend for $162.50 shipped before ebay/paypal fees. So take away shipping and ebay fees and I netted ~$125. Not bad for a $109 card.
BTW, anyone else think ebay fees are completely out of hand? Ebay charged $14.63 in fees for that $162.50 sale. Then Paypal charged $5.01. That is around 12 percent for simply hosting a web page and moving some money around. I'm close to saying screw ebay on most stuff and going back to craigslist. So many retards on craigslist though...
BTW, anyone else think ebay fees are completely out of hand? Ebay charged $14.63 in fees for that $162.50 sale. Then Paypal charged $5.01. That is around 12 percent for simply hosting a web page and moving some money around. I'm close to saying screw ebay on most stuff and going back to craigslist. So many retards on craigslist though...
I had 3 5850 got 1.5BTC a day 2 weeks ago.. Now I have 6 5850 again getting 1.5BTC a day...
Very Very sad...
Very Very sad...
5850s
And people are RIGHT NOW bidding 5830's up to $160 on eBay -- at least that's the going "market rate" on eBay for them. Which is ridiculous -- anyone hoping to MAKE MONEY is going to be disappointed, because you'll never see $160 from one of those cards. A person would be better off buying $160 worth of BTC.
5830s, unlike 5850s, do NOT get 0.25 BTC/day. 5830s only get 0.167 BTC/day.
Now if it wasn't $160, it might be an OK deal. Perhaps $130 at the absolute highest.
Really, what made the 5830 popular was the $110 price point. It's NOT the ultimate card for Bitcoin mining. There are plenty of cards that mine better than that card!
When I see people bidding the 5830 up higher than a 5850 or 5870, I have to shake my head. The 5850 gets about 350 MH/s and the 5970 gets about 365 MH/s, with moderate overclocking (no voltage tweaking).
Unfortunately, the smart people figure it out first, followed by the pretty smart, followed by those of average intelligence, followed by those of below-average intelligence.
Not everyone "figures things out" at the same time.
Just like with the Dot-Com bubble, just like with house flipping. There were some people who didn't know the bubble burst even after it burst! They still thought the bubble was intact (rather than burst). Those people, of course, lost plenty of money.
You want to be one of the quick ones -- one of the smart ones.
A 5870 can get 430 MH/s without touching the voltage.
I had 3 5850 got 1.5BTC a day 2 weeks ago.. Now I have 6 5850 again getting 1.5BTC a day...
Very Very sad...
Very Very sad...
5850s
And people are RIGHT NOW bidding 5830's up to $160 on eBay -- at least that's the going "market rate" on eBay for them. Which is ridiculous -- anyone hoping to MAKE MONEY is going to be disappointed, because you'll never see $160 from one of those cards. A person would be better off buying $160 worth of BTC.
5830s, unlike 5850s, do NOT get 0.25 BTC/day. 5830s only get 0.167 BTC/day.
Now if it wasn't $160, it might be an OK deal. Perhaps $130 at the absolute highest.
Really, what made the 5830 popular was the $110 price point. It's NOT the ultimate card for Bitcoin mining. There are plenty of cards that mine better than that card!
When I see people bidding the 5830 up higher than a 5850 or 5870, I have to shake my head. The 5850 gets about 350 MH/s and the 5970 gets about 365 MH/s, with moderate overclocking (no voltage tweaking).
Unfortunately, the smart people figure it out first, followed by the pretty smart, followed by those of average intelligence, followed by those of below-average intelligence.
Not everyone "figures things out" at the same time.
Just like with the Dot-Com bubble, just like with house flipping. There were some people who didn't know the bubble burst even after it burst! They still thought the bubble was intact (rather than burst). Those people, of course, lost plenty of money.
You want to be one of the quick ones -- one of the smart ones.
Man.... sucks to be the guys who invested that much money into this. All I invested was $200 into a single video card and I've almost made my money back. I'm certainly not going to complain about a free video card.
I had 3 5850 got 1.5BTC a day 2 weeks ago.. Now I have 6 5850 again getting 1.5BTC a day...
Very Very sad...
Very Very sad...
Condolences, miners. Just wrote a story about this @ http://www.bitcoinminingaccidents.com/?p=335
Another hilarious post 
Then don't sell them if you believe they are undervalued.
If lots of people think like that it means that a large amount of bitcoins that people really want to sell is piling up. When you give up waiting the price will crash.Indeed. Bitcoin's value requires a constant infusion of new market participants. If people become disillusioned with mining and bitcoin fails to find a real use, the hoarders waiting for a better price will be waiting for Godot. If enough people come to the conclusion that 'this is as good as it gets' in regards to BTC's price, it's a downward spiral from there. Sellers attract more sellers as BTCs are dumped onto fewer and fewer buyers. Speculators may cherish this buying opportunity but there comes a time when even the strongest believer in a commodity must wonder if they're going to be stuck holding the bag.
A fool and his money are soon parted.
And when the price crashes, people like me will buy the crap out of BTC while it's low. I can' only pray for another major crash because I'll finally have the funds to take advantage of it.
Anyways, I was getting like .40 BTC a day and now I'm getting like .25.
People should quit worrying. I can predict the future and it tells me that the value of BTC will skyrocket. I'm only speculating in order to make short term profits but more than half of my BTC are staying in a secure place as I wait for this event to fully unfold. People should really ignore the value and difficulty for now and just consider it an investment. Why were people mining from 2009 to March of this year when the BTC was only worth pennies? Just wait. When what I say comes true, I'll be on easy street before the feds have a chance to jump on this and cause any disruptions.
Anyways, I was getting like .40 BTC a day and now I'm getting like .25.
People should quit worrying. I can predict the future and it tells me that the value of BTC will skyrocket. I'm only speculating in order to make short term profits but more than half of my BTC are staying in a secure place as I wait for this event to fully unfold. People should really ignore the value and difficulty for now and just consider it an investment. Why were people mining from 2009 to March of this year when the BTC was only worth pennies? Just wait. When what I say comes true, I'll be on easy street before the feds have a chance to jump on this and cause any disruptions.
Then don't sell them if you believe they are undervalued.
If lots of people think like that it means that a large amount of bitcoins that people really want to sell is piling up. When you give up waiting the price will crash.
i'm looking at 0.000x rewards per session at the given difficulty.
always had very limited GPU power, but for myself, it's not profitable anymore at the current rate, so i'm stopping my mining.
But as the poster above me said, it might balance out sooner or later.
always had very limited GPU power, but for myself, it's not profitable anymore at the current rate, so i'm stopping my mining.
But as the poster above me said, it might balance out sooner or later.
i have faith everything will balance out.... the only reason that I can think why it wouldn't is if new technology is introduced or used for mining- like the move from CPU's to GPU's..... until a big jump in production like that happens i suspect they will always balance out in the end.
that is just speculation though- as is most any predictions regardimg the future.....*
that is just speculation though- as is most any predictions regardimg the future.....*
Condolences, miners. Just wrote a story about this @ http://www.bitcoinminingaccidents.com/?p=335
Income dropped to under 10 bitcoins per day for the first time on my farm
that's about 20x 6990, you must have the night shift at a game development company!
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