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Topic: Fifth alt coin thread last four got too big. - page 12. (Read 47237 times)

legendary
Activity: 1834
Merit: 1080
---- winter*juvia -----
Question to owners of hashing powder on Hashnest - can you login into your account?

One of their servers was "compromised" - so access to account (at least mine) is blocked

I have 108 x S9 online at antpool..... and now I am locked out.
They are forcing everyone to change passwords and redo the 2FA.
But I have tried to change passwords but error in password -- I think I did put in the right passwords though....
Hmmmm.... count to 10 and take a deep breath.

There was a notice:
============
Security Notice

      Dear user

      Because of account security threats detected, we recommend you reset your credential information.

      Because one of our old server has been compromised, part of important account security information has been leaked (includes: properly encrypted password, user email, user phone, etc). Even through the encryption is very strong, we still strongly recommend you change your account password AND google auth.

      As for now, a thorough investigation and evaluation was carried out, the core service systems have been checked carefully one by one, no more threat was found. Your account is still safe after this update.

      Any other accounts use the same password should also be updated.

      We apologize for the inconvenience.
=======
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I still find the choice of buying new 1080 Ti's for mining absolutely ludicrous. At least here in the UK. The absolute cheapest one is available for £675 here. Even if I got £200 per RX570 (I have 14) it would only allow me to get FOUR 1080Ti's.

Currently mining ETH+DCR makes me $32-35/day. 4x1080Ti's would make half as much.

Regular 1080's actually give you more bang for the buck.

699 usd  per 1080 ti  sometimes as low as 650 usd

you are at 868 usd

I can build a 3 card 1080ti for 2100 usd to 2250 usd

spend 550 watts  get 1900 sols

earn 10 usd a day burns 14 kwatts a day about 1.40 usd

so I net 8.60 usd a day

I sold all the lessor gear at peak prices.  I sold 1070's 100 more then I paid for each one and they all earned over 100 each.

basically 400 usd became 600 usd in under 2 months I sold 13 1070's

and I under cut the crazy high markups.  when the 1070's were going for 600 usd  on eBay  I was selling for 475
so I netted about 2600 usd profit on my 1070's  which was 4 1080ti's

By selling off everything but the 1080 ti's I did very well . the 17 1080ti's I have  are basically all paid off.  I slowly add to them.

If you are in the UK  your chance to sell  the 470,480,570,580  at 300 pounds is gone it was true about six weeks ago

I have said if I still had my lessor card I would not sell them.

As for only buying 1080 ti's now for my setup it works.

if your power cost is very low  under 5 cents a k-watt 1080ti's are not that important as for mining eth I stopped that once you needed 3gh to earn a block at eth pool


http://ethpool.org/credits

eth pool pays uncles  and to mine eth and not get uncles is very costly.

back in the day I got 30-35 coins with uncles I would not mine without this.


hero member
Activity: 1274
Merit: 556
I still find the choice of buying new 1080 Ti's for mining absolutely ludicrous. At least here in the UK. The absolute cheapest one is available for £675 here. Even if I got £200 per RX570 (I have 14) it would only allow me to get FOUR 1080Ti's.

Currently mining ETH+DCR makes me $32-35/day. 4x1080Ti's would make half as much.

Regular 1080's actually give you more bang for the buck.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Question to owners of hashing powder on Hashnest - can you login into your account?

One of their servers was "compromised" - so access to account (at least mine) is blocked

I am locked out  I do not have much with them  21mh of L3  maybe 5.6 ltc
full member
Activity: 198
Merit: 101


Seems that ETH team will remove the ice-age timebomb but will reduce the reward to half... either way I think its not a good deal for most miners.





Can somebody please enlighten me regarding this reward halving announcement.
They will see massive hashrate drop if they lower the mining rewards.
Ethereum network is breaking down every time a new ICO is launched on it.
With massive miner exodus it will probably totally collapse.
 Are Vitalik&Co crazy to alienate miners?
Maybe I am missing some important piece of the puzzle?
Thank you.



If you are amd 470's,480's, 570's, 580's  you should have sold and converted to 1080 ti's

you option now is windows 10 until  linux  has new drivers.
This being said, you never know what's around the corner. You can always mine something else after ETH. Granted it might be less profitable... but if you just carry on, you will accumulate coins that will probably be worth a lot more in a few months time. You do not HAVE TO sell your AMD cards.

The time to sell them was when I was telling people to sell them  around  6 weeks ago..

If I had them now I would not sell them.

I for one owe you a HUGE thank you for that advice!  I actually sold my 15 RX cards for about $120 profit each over what I had originally bought them for and turned them into 1080ti rigs.  LOVING the switch to "Team Green" and the 1080ti's will hold their value even better than the RX's did.
hero member
Activity: 742
Merit: 500
Question to owners of hashing powder on Hashnest - can you login into your account?

One of their servers was "compromised" - so access to account (at least mine) is blocked
newbie
Activity: 77
Merit: 0
Are there other things to consider when choosing a pool to mine a coin on besides the fees associated with the pool?  Does the number of workers mining the coin in the pool matter that much?  The reason I ask is because I mainly mine SIGT on Suprnova, but i wasn't sure if I would get different results mining in another pool.
full member
Activity: 322
Merit: 233
Storx, thank for sharing the charts. Could you explain your trading strategy ? for example, when you buy SIGT, how much % more do you put the sell order ? or maybe you think another way ?

Because when I see the chart, I see it was a good day for someone who bought cheap => he went able to sell higher.
But as it is hard to guess growth and decrease before they happen, I would be glad to know how you work on it !

Another thing i have been doing also since i am looking into SIGT for longer term PoS earnings after 100k block, well was.. been debating changing my ideas on that and diving into another coin for long term.. is i have been doing some i guess you would call it reverse trading positions... since i hold so many coins between trading and mining... if i see the price hitting a new daily higher or sitting around a daily high... ill dump 25k at that high level and then place a buy order for 25k at a lower level based on thats day movement...

So lets say i log into coinigy and see it sitting around 0.000022 and the 24hr high is around that level... ill sell 25k and then place a buy order for 25k at maybe 0.00002 or 0.000018 depending on the last 24hrs movement range... basically taking profits upfront with mined and profit "free coins", then replenish them at a lower level.. making a profit in btc
full member
Activity: 322
Merit: 233
At least that would make sense!

Sure would  have a custom in house bios for the company mining farm.

And restrict  the vega  so that it mines poorly for us.

This  allows it to sell mostly to gamers. = good sales for them

Second  self mine at a big discount  since they built the gear. =  this gives them  mining sales/profit  and prevents normal miner from buying all the gear out.

Based on the ceo's statements  it could be their plan  from now till early spring.

This would be a good thing if you are loaded up on 1080ti's

which coin are your 1080ti mining? what's the $ profits per day per  card?


I use Awesome Miner, I have it setup to profit switch every 5 minutes between SIGT, ZEC, and ZEN at the moment. I have ZEN and ZEC setup on bittrex to auto transfer as soon as im payed from a block and autosell on bittrex, SIGT i have been holding onto, its been my hot trading coin.. been following it super close to ride the drama train waves.. with the 3 coins being used for profit switching, im averaging $3.37/per 1080ti card for last 7 days on mining

Yeah the 3.37 a card is close to me.

I am 14 x 1080 ti zec
I am 3 x 1080 ti skunk

9 are zec at suprnova then bittrex hold
3 are skunk zpool auto btc convert
5 are zec nicehash auto btc convert

I never never never auto profit switch as it ruins the hot coins since other miners all switch to a hot coin.
I understand why people like the software but they flatten the price of coins

I mainly profit switch currently because difficulty varies so much during the day on SIGT, especially with Zpool on it.. so during period the profit is less profitable on that coin i have it do the 2 trusty coins that always payout around $3/gpu... i find at night the nethash on SIGT rises way to much from miners jumping on that coin or possibly turning up their gear due to less heat issues causing the coin to be harder to mine... so with the profit switching setup, i find during the day SIGT is mainly mined, but during night time hours i find i am mining ZEC and ZEN more.. idk why that pattern is occuring..
legendary
Activity: 1834
Merit: 1080
---- winter*juvia -----
Yah, the driver fix from AMD had been lackluster at best.  I'm glad I sold what I did.


Majority of the farms are Linux and AMD -- and so eventually the driver fix for Linux will arrive.

I don't feel the pinch yet because the farm is still bringing in 1.2-1.5 ETH a day (VS circa Nov 2015, 20-25 ETH per day is all in a day work with less GHs)

Anticipating costlier ETH maybe 600-800$ ETH towards POS..... if you have big hash, I think its still profitable to mine till the end.

If you have less than 1GHs, mining has probably hit crawling stage -- then to sell and move to NVIDIA probably would be better off (or get the ETH rigs to mine ZEC is also an attractive proposition esp when you have already ROI the rigs).

Once the party is over, the ETH farm can always hide at Nicehash rentals, and start collecting BTCs.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
At least that would make sense!

Sure would  have a custom in house bios for the company mining farm.

And restrict  the vega  so that it mines poorly for us.

This  allows it to sell mostly to gamers. = good sales for them

Second  self mine at a big discount  since they built the gear. =  this gives them  mining sales/profit  and prevents normal miner from buying all the gear out.

Based on the ceo's statements  it could be their plan  from now till early spring.

This would be a good thing if you are loaded up on 1080ti's

which coin are your 1080ti mining? what's the $ profits per day per  card?


I use Awesome Miner, I have it setup to profit switch every 5 minutes between SIGT, ZEC, and ZEN at the moment. I have ZEN and ZEC setup on bittrex to auto transfer as soon as im payed from a block and autosell on bittrex, SIGT i have been holding onto, its been my hot trading coin.. been following it super close to ride the drama train waves.. with the 3 coins being used for profit switching, im averaging $3.37/per 1080ti card for last 7 days on mining

Yeah the 3.37 a card is close to me.

I am 14 x 1080 ti zec
I am 3 x 1080 ti skunk

9 are zec at suprnova then bittrex hold
3 are skunk zpool auto btc convert
5 are zec nicehash auto btc convert

I never never never auto profit switch as it ruins the hot coins since other miners all switch to a hot coin.
I understand why people like the software but they flatten the price of coins
full member
Activity: 322
Merit: 233
Storx, thank for sharing the charts. Could you explain your trading strategy ? for example, when you buy SIGT, how much % more do you put the sell order ? or maybe you think another way ?

Because when I see the chart, I see it was a good day for someone who bought cheap => he went able to sell higher.
But as it is hard to guess growth and decrease before they happen, I would be glad to know how you work on it !

I am by far no pro at trading, i am just trading sigt mainly because it has such large swings in the coin and due to my btc account amount, i can afford the smaller trades it can support, if i was a larger trader i couldn't trade SIGT, because there is just not enough volume to support large btc orders...

The reasoning behind the above chart moves is i was predicting the coin to increase in value, because it hit a few more semi-major exchanges on the market and nicehash un-suspended the rental side of it from all the drama causing them to place it on suspension. So i figured with the 2 events, the coin should increase in value some, so i spaced out my sells to ride the wave up, starting with levels that the coin typically hit multiple times... then based on the percentage of gain i would take the difference and view it as free coins and price them either at 50% profit level or 100% depending on the situation...

So crude example...

Lets say i buy in at 100,000 sigt @ 0.00001

I know from past trades at a buyin at that level its not hard for me to get 50% increase in profit as long as im patient enough, so i split up the sells so i am still holding coins if i see a breakout action about to occur...
So i since im looking for 50% move, i would take half the coins 50,000 and put 25k of those on a sell @ 0.00002, then i would split the other 25k putting 12.5k @ 0.000019 and 12.5k @ 0.000021.... then i view the last 50k coins as free coins at that point, so typically i just set them at a much higher profit level like 0.00003 or 0.00004....

Then throughout the day i buy small positions like 5k or 10k coins at a time and do small 50 or 100pt movements if im seeing a lot of small movements in the coin using my mined coins
So if i see a lot of movement lets says between 1550 and 1650, ill sell like 10k coins at 1650, then place another order at 1550 for 10k to replenish those coins.

To date, i have probably moved like 600-700k of coins, i only have 1 single order that i have yet to turn into positive profit.. that order still sits waiting for a out position, sometimes i have orders that i cant sell right away, so i have to sit on them for a week or a few days before they sell.. but that one order is for 3500 coins i bought in @0.000035, all other coins trades i have eventually made a profit on.
legendary
Activity: 1638
Merit: 1005
i'm quite happy with all my AMD. Everything is paid. I had no intention to flip them for nvidia especially when we didn't know what Vega would bring. The new card isn't dead yet. Few drivers update, probably some optimization from Claymore and let's see.

Pretty sure there will be a nice fix for the driver anytime soon for 4x 5x series. For the time been, my army will still serve me mining ETH all the way. I have cheap electricity at home and no heat issue since the summer is getting cooler as we speak.

Bring the halving, let see a nice price rise.

full member
Activity: 322
Merit: 233
At least that would make sense!

Sure would  have a custom in house bios for the company mining farm.

And restrict  the vega  so that it mines poorly for us.

This  allows it to sell mostly to gamers. = good sales for them

Second  self mine at a big discount  since they built the gear. =  this gives them  mining sales/profit  and prevents normal miner from buying all the gear out.

Based on the ceo's statements  it could be their plan  from now till early spring.

This would be a good thing if you are loaded up on 1080ti's

which coin are your 1080ti mining? what's the $ profits per day per  card?


I use Awesome Miner, I have it setup to profit switch every 5 minutes between SIGT, ZEC, and ZEN at the moment. I have ZEN and ZEC setup on bittrex to auto transfer as soon as im payed from a block and autosell on bittrex, SIGT i have been holding onto, its been my hot trading coin.. been following it super close to ride the drama train waves.. with the 3 coins being used for profit switching, im averaging $3.37/per 1080ti card for last 7 days on mining
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
At least that would make sense!

Sure would  have a custom in house bios for the company mining farm.

And restrict  the vega  so that it mines poorly for us.

This  allows it to sell mostly to gamers. = good sales for them

Second  self mine at a big discount  since they built the gear. =  this gives them  mining sales/profit  and prevents normal miner from buying all the gear out.

Based on the ceo's statements  it could be their plan  from now till early spring.

This would be a good thing if you are loaded up on 1080ti's

which coin are your 1080ti mining? what's the $ profits per day per  card?


Zec is the major coin.
Skein
Skunk
2 to 5 bucks each 1080ti. Lots of variation

Zec is hot right now
full member
Activity: 350
Merit: 100
At least that would make sense!

Sure would  have a custom in house bios for the company mining farm.

And restrict  the vega  so that it mines poorly for us.

This  allows it to sell mostly to gamers. = good sales for them

Second  self mine at a big discount  since they built the gear. =  this gives them  mining sales/profit  and prevents normal miner from buying all the gear out.

Based on the ceo's statements  it could be their plan  from now till early spring.

This would be a good thing if you are loaded up on 1080ti's

which coin are your 1080ti mining? what's the $ profits per day per  card?
full member
Activity: 284
Merit: 102
Do you guys use other sources than "whattomine" to determine what's most profitable?
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
At least that would make sense!

Sure would  have a custom in house bios for the company mining farm.

And restrict  the vega  so that it mines poorly for us.

This  allows it to sell mostly to gamers. = good sales for them

Second  self mine at a big discount  since they built the gear. =  this gives them  mining sales/profit  and prevents normal miner from buying all the gear out.

Based on the ceo's statements  it could be their plan  from now till early spring.

This would be a good thing if you are loaded up on 1080ti's
hero member
Activity: 615
Merit: 500
At least that would make sense!
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Yah, the driver fix from AMD had been lackluster at best.  I'm glad I sold what I did.

 Worse yet - windows only, STILL no fix for LINUX - which is probably the OS on a large majority of mining rigs.

 AMD proving to be out of touch a LOT this year on the GPU side.



Well, they don't see it as a major driving force of card sales going forward.

/end sarcasm

Or they may be mining  Roll Eyes 

I am happy to be all 1080 ti at the moment looking to go from 17 to 20 of them.
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