If you're paying 460 for a 1070 you live in your own special little ecosystem that applies to almost no one else. Guessing EU prices (which should be specified)
'Density' only matters so much dude. Not sure how much you pay for your miners, but rigs I put together cost about $200 in total.
A 480 is currently earning $2.8 mining Eth+Dcr a 1070 earns $3 mining Zcash in revenue. The 1070 uses a little less power, but power for me is $.1kwh, which means it costs a extra $.1 to run that 480. A 480 is about half the cost of a 1070. A third of a 1080. That means you can buy three for the price of a 1080 and it'll earn ~100% more.
Now even if you're worried about the extra $200, you'll make up for that in ~120 days (3x the systems). As I mentioned, Nvidia mining is dead. There is absolutely no reason to buy Nvidia right now especially considering there are all sorts of low power mods for 480s, which reduce the Eth power consumption to something like 80w. Too many people bought into Nvidia and price/performance ratios are all sorts of fucked up. There isn't really anything that Nvidia does THAT much better then AMD and earns a decent amount of money. Even if it's better, retarded AMD miners still hop on the coin (even though it's quite a bit more inferior then Eth+Dcr) and crash the difficulty, so it doesn't matter. I'm sure there are still plenty of AMDtards mining Zcash right now.
The only remotely competitive GPUs on Nvidias side right now are the 1060s. Earning twice as much per $ isn't even a argument. It's not like 20% more or something like that, it's 100% more. We'll have to wait and see if the new memory helps Nvidia out. The 1080s with faster memory have been announced (not sure on the release date), the 1060s should be on their way. I can appreciate that you guys are trying to find niches that makes Nvidia competitive, they just don't exist.
'Density' only matters so much dude. Not sure how much you pay for your miners, but rigs I put together cost about $200 in total.
A 480 is currently earning $2.8 mining Eth+Dcr a 1070 earns $3 mining Zcash in revenue. The 1070 uses a little less power, but power for me is $.1kwh, which means it costs a extra $.1 to run that 480. A 480 is about half the cost of a 1070. A third of a 1080. That means you can buy three for the price of a 1080 and it'll earn ~100% more.
Now even if you're worried about the extra $200, you'll make up for that in ~120 days (3x the systems). As I mentioned, Nvidia mining is dead. There is absolutely no reason to buy Nvidia right now especially considering there are all sorts of low power mods for 480s, which reduce the Eth power consumption to something like 80w. Too many people bought into Nvidia and price/performance ratios are all sorts of fucked up. There isn't really anything that Nvidia does THAT much better then AMD and earns a decent amount of money. Even if it's better, retarded AMD miners still hop on the coin (even though it's quite a bit more inferior then Eth+Dcr) and crash the difficulty, so it doesn't matter. I'm sure there are still plenty of AMDtards mining Zcash right now.
The only remotely competitive GPUs on Nvidias side right now are the 1060s. Earning twice as much per $ isn't even a argument. It's not like 20% more or something like that, it's 100% more. We'll have to wait and see if the new memory helps Nvidia out. The 1080s with faster memory have been announced (not sure on the release date), the 1060s should be on their way. I can appreciate that you guys are trying to find niches that makes Nvidia competitive, they just don't exist.
You realise, you just went ahead and stated the 1060 is the best card without specifying prices. Not everyone here is from the US, far from it. Where I live a 1070 costs $450.
"Nvidia mining is dead"
It's hard to take you seriously and keep reading your comments after statements like this. Beats me why I even took the time to respond this time...
Nonetheless, even my 750 Ti's currently have 159 days to ROI, my 970's have 126 and my 1070's have 123 days. All of them of course hit ROI multiple times by now.
One last thing; as much as you berated newbie plug and play miners, you yourself use profit numbers from what plug and play miners use (Eth+Dcr).
I'd never invest into something most miners mine.
Most people can get US prices. If you don't think you can you've neither explored eBay or relay services. I shouldn't be figuring things out for you though as I'm not the one from EU.
State what coins you're mining or they're too small to actually be useful to anyone other then yourself. 'I can mine XYZ niche coin' doesn't matter due to as soon as you talk about it, it gets pushed down to Equihash revenue levels. Those coins don't matter as they're too small to handle any sort of hash. AMD also has niche coins.
When you talk about cards, you talk about them in a general sense. What applies to most everyone. A niche coin that as soon as you touch it, it explodes is of no use to anyone except yourself. It's way too volatile to form any sort of financial outlook based off of. Hence why you wont even mention what coins you're mining, because you know if you do you'll lose all your revenue from that coin. That's why we talk about Eth+Dcr and anything you can find on Whattomine. A lot of 'plug and play' newbies also seem too stupid to figure out dual mining as well, despite how easy it is.
A coin that has a market volume of 110btc a day is a little bit different then one that has 1-2btc.
Oh and as far as being a snide asshole I guess I get to be one too: I don't know why I'm even bothering wasting my time on someone who doesn't understand difficulty or how to get goods out of the US.
This one is for free:
https://www.google.com/search?q=us+mail+relay+service&oq=us+mail+relay+service&aqs=chrome..69i57j0l2j69i64l2.6914j0j7&sourceid=chrome&ie=UTF-8#q=us+parcel+forwarding
https://www.relayshopusa.com/
http://www.huffingtonpost.com/nancy-laws/5-reliable-parcel-forward_b_7134628.html
Be sure to tip me some BTC.
I feel I am (or more accurately was) one of the few patient people to both read and reply to your repeated, hacked nonsense time and time again but that ends with this comment. Plenty of people here whom I have blocked over the years and discarded their comments even if I've seen them quoted (btctalk pls) and one more doesn't make a difference. You, and more importantly your ego changed so much that you seem to just prefer talking shit without researching or even thinking, ignoring facts or even considering who you're talking to. Not that I'm any sort of authority here, far from it, but the first reply to this thread of sp_'s is mine for a reason - which happened way before you created your account. Yet you're asking for tips like a newbie, worse yet, in a condescending manner as if you were the shit here except you did nothing for ccminer and bitching is hardly helpful - which you seem to excel at. Regardless, I know you have pissed off plenty of people with your nonsense over time so this shouldn't come as a surprise.
US prices... It all looks nice until you have to go through an RMA process - which alone pushes the resell value of cards here down by a lot. Nobody wants to ship their cards abroad for months and understandably so.
I rarely mine tiny, seemingly magically super profitable coins. But even if I were to mention massive coins like Zcash - assuming nobody heard of it before - of course its mining profitability would go way down after it was mentioned in this thread; it's not up to debate that way more people just read this constant verbal diarrhea of a thread (partly thanks to you), distilling what's important then distributing that information to potentially hundreds of people on other forums so I stopped the habit of mentioning anything even remotely profitable a long time ago. I'm more than happy with talking about stuff like that with the few people whom I still keep in touch with in PMs. BTW, if anything, you're doing a great job at flooding this thread with nonsense, masking useful informations.
Along with many of your ridiculous, out of touch with reality statements you have said in the past that made me laugh, I find it hilarious how you're using whattomine as a reference of mining profitability instead of doing your own calculations like any self respecting miner would do do.
Anyway, as far as I'm concerned I'm done with your nonsense. Probably should have blocked you a long time ago.
That's neat, you wouldn't have replied if you just thought this was nonsense.
Talking shit without researching? EVERYTHING I've said has been researched and backed up. Hence why my post was followed by links to relay services and yours is followed by rhetoric. We're worlds apart bro. You know what's pissing you off? Being wrong. Feeding my ego just makes it that much more bitter.
Ah, shit, you got me! I, guess, I'm not the only one who apparently can't 'research' as this is my second account. My first one got hacked, which I eventually got back, but not before it was flooded with shit posts. Amph made the same mistake in this very same thread before biting his tongue. Since you can't be bothered taking time to do research (not just saying it, but actually doing it) here is the link to my original account.
https://bitcointalksearch.org/user/bensam123-219230
You predate me by approximately 12 days. Guess that means we're worlds apart right? Just like you were trying to make a point out of me being a newbie myself and never doing research, wrong on both accounts... Good thing we all learn at the same speed and there is no way someone can be smarter then someone else or get ahead, we're definitely on the same footing... but yours is 12 days ahead! Go you.
Where am I asking for tips? Asking you to justify your hot air you're blowing with actual 'facts' isn't asking for 'tips'. You're just trying to put a spin on the fact that there is no way you could reveal what coins you're mining right now and have them still remain profitable. Hence why we don't talk about your magic fairy land of $12 a day 1070s, because whether or not it exists is pointless. It neither can support more people nor is it something applicable to everyone else because of it.
Do you know where everyone's Gigabyte cards get shipped to? China. Mine, even in the US, get shipped to China for a RMA (first to a US relay facility, then overseas). Hence why we've complained about that very same issue in this very same thread that I'm sure you spend time reading. 'Months on end' is a bit of hyperbole, but we'll pretend that you're actually trying to make a legitimate claim. A LOT of manufacturers don't have RMA facilities in your same country. We live in a era of globalization, that means your cards get shipped wherever the hell they have facilities, with or without you knowing about it. Just because the address you ship it to is in your country or around your country does not mean that's where it eventually ends up.
30day retailer RMA isn't even worth making a point over.
And you once again wont actually mention the coins you 'mine'. Who figured? Guess it's cause I'm Newbie... Totally not because that would wreck profitability of the coin you're mining. XD
Yes, I'm totally flooding this thread with nonsense, like talking about profitability of cards compared to each other. Silly me.
Yup, gotta walk up hill both ways in the snow. Whattomine profit calculations are pretty spot on. No, you don't need to do profit calculations manually, that's a waste of time with the exception of when Whattomine is off (which does occasionally happen)... If you want to fault me for not wasting my time like yourself... You got me again! XD
90% of my rigs are Nvidia, I love Nvidia as much as the next person, but I'm in no way a fanboi. I'm way too level headed for that, unlike some of what is going through here. Hence why I spoke out about it in a Nvidia thread and of course it pisses some people off. Mainly because they don't want to see their investment as a waste of time and money (weird, almost like I'm in the same position). Still doesn't change what's currently happening.
Nvidia has had a few large spikes this year, Vanilla, Decred, Library, then Zcash (for a bit before Claymore destroyed that)... Now we have to compete with the norm in addition to a lot more Nvidia hash on algos Nvidia is good at due to people gloating too much about those spikes. If you put those spikes aside, for 10 out of the 12 months this year where Nvidia wasn't big, AMD is overall definitely ahead. My above calculations showing you exactly that. You can buy 3 480s for the price of one 1080. Those 480s earn 2x as much in revenue and use 2x as much power. Good thing power isn't half of our earnings right now, right?
yes there are coins that you can mine and have 100% more profit for you than zcash and they are not so small, they die if people find them out, but usually you can keep mine them for that profit for at leat one/two weeks
and i don't know you but mining with 100% profit for 1 or 2 weeks does matter, you can't simply say those coins doesn't matter, it's with those coins that i was able to reach roi very fast on my gpu
i can even tell you what were those coins if you want, because right now they are the same as zcash, one of them was nexus, and if I had not made the mistake to tell to sp, it would be still very profitable more than zcash
i was making 0.03 per rig just so you know, good luck making 0.03 with any 480 rig dual mining what you want..., for the other coins, just be a better searcher in the ann...
and i don't know you but mining with 100% profit for 1 or 2 weeks does matter, you can't simply say those coins doesn't matter, it's with those coins that i was able to reach roi very fast on my gpu
i can even tell you what were those coins if you want, because right now they are the same as zcash, one of them was nexus, and if I had not made the mistake to tell to sp, it would be still very profitable more than zcash
i was making 0.03 per rig just so you know, good luck making 0.03 with any 480 rig dual mining what you want..., for the other coins, just be a better searcher in the ann...
Yup and you can't talk about them which means they're small coins and highly unstable. If other people figure them out, they die. AMD also has coins like that. You can't plan long term financial outlooks off a coin which might not be profitable tomorrow.
You can play russian roulette with the markets too. Sure it does matter, but you can't predict which coins will be highly profitable for a couple days.
Being the same as Zcash doesn't help anyone and is exactly why I used Zcash as a baseline in the first place.
'Was' showing the volatility of your claims. Library 'was' extremely profitable for Nvidia for awhile, Zcash 'was', Decred 'was', Vanilla 'was', Sib 'was' for me. Besides extremely niche coins we haven't had a big payday since Library. And if you think all I mine is Zcash you're mistaken. You're not the only one who can find niche coins, hence my pissed off post a couple months ago about Sib after someone ruined that.
I do like how you guys like to act as if I can't find niche coins or somehow am not including that in a hardware analysis. Getting lucky isn't the same as long term profitability. If your only argument for Nvidia is 'winning the lottery', there isn't much else to be said here.
The system consumes power.
If you mine algos which follow cuda core count, as I do most of the time, you'd better buy 1080s.
They have better efficiency (because you need less rigs for the same hashrate) and they cost less (for the same hashrate).
If you mine algos which follow cuda core count, as I do most of the time, you'd better buy 1080s.
They have better efficiency (because you need less rigs for the same hashrate) and they cost less (for the same hashrate).
Yes they do, and it's negligible compared to the wattage of the GPUs. You're talking about 40-60w (almost no algos use the CPU) on gold or plat PSUs compared to 1200w for the whole system.
Didn't really back that claim up with any sort of tangible evidence...
I run my 1070 rigs at about 600W, so 60W is 10%, not really negligible, isn't it? :-)
Yup, you can dial it down to absolutely nothing and make practically nothing while doing it. The only coin that you can reduce the TDP on and not completely gutt the hashrate on is Zcash. That is the only weird coin Nvidia has for low TDPs and high efficiency. AMD on the other hand can reduce 480s down to 80w for Eth and not lose hashrate...
There is this whole thing about 60w of power being approximately $.14 a day to run for me as well. US average for electric costs is $.1kwh. Even if your electricity was double that, it would be $.28. That's practically nothing compared to overall earnings of the system. The relationship between power and profit isn't linear Using 10% more power doesn't mean 10% less profits. Context and all that jazz.
