ETH Difficulty +11% in less than 24 hours. - page 2.

antantti

legendary

Activity: 1176

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Quote from: MBW_2 on July 14, 2017, 05:08:38 AM

Quote from: antantti on July 10, 2017, 05:34:52 PM

1080ti will do fine. When bought at $500.

it is a great vga card. I have tested one and it is running very well. 31 Mhs and a good cooling.

Great it is, hands down the best there is.

It has one problem though, mining performance. 31MH is so 2015, price tag is 2017.

MBW_2

newbie

Activity: 364

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Quote from: antantti on July 10, 2017, 05:34:52 PM

1080ti will do fine. When bought at $500.

it is a great vga card. I have tested one and it is running very well. 31 Mhs and a good cooling.

Nadicona

sr. member

Activity: 375

Merit: 250

Quote from: stomachgrowls on July 11, 2017, 03:25:13 AM

Quote from: iamnewhere on July 11, 2017, 02:54:26 AM

Quote from: Ziscadas on July 11, 2017, 02:23:10 AM

Quote from: iamnewhere on July 11, 2017, 12:09:37 AM

Quote from: adaseb on July 10, 2017, 05:32:22 PM

Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI.

even with the 1070 i still mine currently for ~ $ 5/day/card - the cards will be payed off soon and then i still have plenty of currencies to mine on profit Wink

the 1080ti has roughly the same mining power per $ investment costs like 1070.

I think you are overestimating the 1070 revenue. It is more like $2-3 per day.

i think you mine the wrong coins

it just went down a bit since yesterday as BTC went down now but i expect that to go back latest beginning of august and till then i keep the BTC

No, he didnt mine the wrong coin since we do have the same profits on daily basis which means the current payout for entire days would be on those range. It would really go even lower considering that the price of Bitcoin is slowly decreasing the same time on ETH too which means we can see the difference and this is the part of the risk when we do mining. Difficulties would really rise up just as expected but 25% jump up is really too big for me.

If the ETH price does not rise like in the past, I think it is still possible to mine profitably with certain cards for most people.

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: iamnewhere on July 11, 2017, 02:54:26 AM

Quote from: Ziscadas on July 11, 2017, 02:23:10 AM

Quote from: iamnewhere on July 11, 2017, 12:09:37 AM

Quote from: adaseb on July 10, 2017, 05:32:22 PM

Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI.

even with the 1070 i still mine currently for ~ $ 5/day/card - the cards will be payed off soon and then i still have plenty of currencies to mine on profit Wink

the 1080ti has roughly the same mining power per $ investment costs like 1070.

I think you are overestimating the 1070 revenue. It is more like $2-3 per day.

i think you mine the wrong coins

it just went down a bit since yesterday as BTC went down now but i expect that to go back latest beginning of august and till then i keep the BTC

No, he didnt mine the wrong coin since we do have the same profits on daily basis which means the current payout for entire days would be on those range. It would really go even lower considering that the price of Bitcoin is slowly decreasing the same time on ETH too which means we can see the difference and this is the part of the risk when we do mining. Difficulties would really rise up just as expected but 25% jump up is really too big for me.

iamnewhere

full member

Activity: 168

Merit: 100

Quote from: Ziscadas on July 11, 2017, 02:23:10 AM

Quote from: iamnewhere on July 11, 2017, 12:09:37 AM

Quote from: adaseb on July 10, 2017, 05:32:22 PM

Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI.

even with the 1070 i still mine currently for ~ $ 5/day/card - the cards will be payed off soon and then i still have plenty of currencies to mine on profit Wink

the 1080ti has roughly the same mining power per $ investment costs like 1070.

I think you are overestimating the 1070 revenue. It is more like $2-3 per day.

i think you mine the wrong coins

it just went down a bit since yesterday as BTC went down now but i expect that to go back latest beginning of august and till then i keep the BTC

Ziscadas

full member

Activity: 452

Merit: 100

Quote from: iamnewhere on July 11, 2017, 12:09:37 AM

Quote from: adaseb on July 10, 2017, 05:32:22 PM

Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI.

even with the 1070 i still mine currently for ~ $ 5/day/card - the cards will be payed off soon and then i still have plenty of currencies to mine on profit Wink

the 1080ti has roughly the same mining power per $ investment costs like 1070.

I think you are overestimating the 1070 revenue. It is more like $2-3 per day.

iamnewhere

full member

Activity: 168

Merit: 100

Quote from: adaseb on July 10, 2017, 05:32:22 PM

Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI.

even with the 1070 i still mine currently for ~ $ 5/day/card - the cards will be payed off soon and then i still have plenty of currencies to mine on profit Wink

the 1080ti has roughly the same mining power per $ investment costs like 1070.

dandreark1

full member

Activity: 145

Merit: 100

out here

Quote from: CjMapope on July 10, 2017, 05:35:17 PM

Quote from: adaseb on July 10, 2017, 05:32:22 PM

Quote from: iamnewhere on July 10, 2017, 05:11:17 PM

Quote from: adaseb on July 10, 2017, 04:55:52 PM

Nice +15% difficulty gain and -15% price decline.

Those that bought Nvidia 1080Ti must be really feeling it...

Most likely the diff will remain at this rate for the next week while the block times stablize at ~18-19 secs. Usually diff spikes up and then stabilizes for the next week or so looking at

https://etherscan.io/chart/blocktime

those who bought AMD will have bigger issue on that, with 1080TI it's just wasting power to mine ETH, there are better coins for NVIDIA cards Wink

Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI.

i bought several 1080ti's in the last 30 days, and i assure you i will be ROI also before they bring in 1$ a day haha
im like 30%+ already! course i have had to work a bit more to find the coins tht make the good bucks, but ROI is easy on ti as they have so much hashpower you have alot of options

You could buy Ti in next 30 days and STILL ROI before Volta easy imo

I agree, I've been buying ti's consistently for a while and pointed/managed the right way.. not concerned IMHO.
However if you're buying ti's to mine solely ETH at this point, yes obviously -you're shooting your self in the foot and I'd imagine most of us know that.
Still multiple strategies out there that earn..

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: CjMapope on July 10, 2017, 05:35:17 PM

Quote from: adaseb on July 10, 2017, 05:32:22 PM

Quote from: iamnewhere on July 10, 2017, 05:11:17 PM

Quote from: adaseb on July 10, 2017, 04:55:52 PM

Nice +15% difficulty gain and -15% price decline.

Those that bought Nvidia 1080Ti must be really feeling it...

Most likely the diff will remain at this rate for the next week while the block times stablize at ~18-19 secs. Usually diff spikes up and then stabilizes for the next week or so looking at

https://etherscan.io/chart/blocktime

those who bought AMD will have bigger issue on that, with 1080TI it's just wasting power to mine ETH, there are better coins for NVIDIA cards Wink

Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI.

i bought several 1080ti's in the last 30 days, and i assure you i will be ROI also before they bring in 1$ a day haha
im like 30%+ already! course i have had to work a bit more to find the coins tht make the good bucks, but ROI is easy on ti as they have so much hashpower you have alot of options

You could buy Ti in next 30 days and STILL ROI before Volta easy imo

You sure about that?

They made like $10/day last month and now its like $3/day. I don't see how a $800 USD can ever ROI. Maybe if you count the resell value at the end of the year.

antantti

legendary

Activity: 1176

Merit: 1015

Quote from: adaseb on July 10, 2017, 05:35:32 PM

Were 1080ti ever even $500? Locally my prices are around $800+. You sure you are not confused with GTX 1080 ?

No they were not.

But I am waiting. I can wait.

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: antantti on July 10, 2017, 05:34:52 PM

1080ti will do fine. When bought at $500.

Were 1080ti ever even $500? Locally my prices are around $800+. You sure you are not confused with GTX 1080 ?

CjMapope

legendary

Activity: 1820

Merit: 1092

~Full-Time Minter since 2016~

Quote from: adaseb on July 10, 2017, 05:32:22 PM

Quote from: iamnewhere on July 10, 2017, 05:11:17 PM

Quote from: adaseb on July 10, 2017, 04:55:52 PM

Nice +15% difficulty gain and -15% price decline.

Those that bought Nvidia 1080Ti must be really feeling it...

Most likely the diff will remain at this rate for the next week while the block times stablize at ~18-19 secs. Usually diff spikes up and then stabilizes for the next week or so looking at

https://etherscan.io/chart/blocktime

those who bought AMD will have bigger issue on that, with 1080TI it's just wasting power to mine ETH, there are better coins for NVIDIA cards Wink

Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI.

i bought several 1080ti's in the last 30 days, and i assure you i will be ROI also before they bring in 1$ a day haha
im like 30%+ already! course i have had to work a bit more to find the coins tht make the good bucks, but ROI is easy on ti as they have so much hashpower you have alot of options

You could buy Ti in next 30 days and STILL ROI before Volta easy imo

antantti

legendary

Activity: 1176

Merit: 1015

1080ti will do fine. When bought at $500.

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: iamnewhere on July 10, 2017, 05:11:17 PM

Quote from: adaseb on July 10, 2017, 04:55:52 PM

Nice +15% difficulty gain and -15% price decline.

Those that bought Nvidia 1080Ti must be really feeling it...

Most likely the diff will remain at this rate for the next week while the block times stablize at ~18-19 secs. Usually diff spikes up and then stabilizes for the next week or so looking at

https://etherscan.io/chart/blocktime

those who bought AMD will have bigger issue on that, with 1080TI it's just wasting power to mine ETH, there are better coins for NVIDIA cards Wink

Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI.

iamnewhere

full member

Activity: 168

Merit: 100

Quote from: adaseb on July 10, 2017, 04:55:52 PM

Nice +15% difficulty gain and -15% price decline.

Those that bought Nvidia 1080Ti must be really feeling it...

Most likely the diff will remain at this rate for the next week while the block times stablize at ~18-19 secs. Usually diff spikes up and then stabilizes for the next week or so looking at

https://etherscan.io/chart/blocktime

those who bought AMD will have bigger issue on that, with 1080TI it's just wasting power to mine ETH, there are better coins for NVIDIA cards Wink

antantti

legendary

Activity: 1176

Merit: 1015

Price will take another dip...

adaseb

legendary

Activity: 3808

Merit: 1723

Nice +15% difficulty gain and -15% price decline.

Those that bought Nvidia 1080Ti must be really feeling it...

Most likely the diff will remain at this rate for the next week while the block times stablize at ~18-19 secs. Usually diff spikes up and then stabilizes for the next week or so looking at

https://etherscan.io/chart/blocktime

antantti

legendary

Activity: 1176

Merit: 1015

Quote from: Vann on July 10, 2017, 02:35:09 PM

If you are saying that no coin that is being traded now has a chance of going to zero

No, I am not saying that. That would be like saying no coin that is being traded now has a chance to go to moon.

Vann

hero member

Activity: 1036

Merit: 606

Quote from: antantti on July 10, 2017, 02:03:29 PM

Quote from: Vann on July 10, 2017, 01:29:10 PM

I have a folder of more than 20 dead coins that I mined from back in the Scypt and X11 clone days. Some of those, like the country coins were pumped to hell and back and if you had invested directly in the coin, your investment today is worth zero or peanuts compared to what they traded for,

Ok now I understand, those were not the times to buy. Unless there was a greater fool. Just like ICO's today...

Show me something that went to zero after 8/2015.

I took a break from mining after the crash of 2014 and only started again earlier this year. Clearly in hindsight that was a mistake vs if I had just kept mining. The good news is I held on to most of the coins I mined and for the most part, I'm glad I did. If you are saying that no coin that is being traded now has a chance of going to zero, then I would say that is not a good assumption to make given the fact 95%+ of coins are just clones of other coins with little or no difference to the other coins. In my view, that is another advantage mining has over buying directly. Since your recurring cost is essentially the same for any coin you mine, you don't need to time your purchases and be right.

antantti

legendary

Activity: 1176

Merit: 1015

Quote from: Vann on July 10, 2017, 01:29:10 PM

I have a folder of more than 20 dead coins that I mined from back in the Scypt and X11 clone days. Some of those, like the country coins were pumped to hell and back and if you had invested directly in the coin, your investment today is worth zero or peanuts compared to what they traded for,

Ok now I understand, those were not the times to buy. Unless there was a greater fool. Just like ICO's today...

Show me something that went to zero after 8/2015.

Topic: ETH Difficulty +11% in less than 24 hours. - page 2. (Read 12933 times)