I'm at 9 cents per kwh so I'm not turning mine off any time soon... also since the power is a deduction on taxes it is "effectively" cheaper than 9 cents.
Sitting on about half nVidia and half AMD rigs.
Topic: gpu bubble well and truly bursting - page 18. (Read 23737 times)
Eth difficulty is not increasing since 07/11, the first time since the DAO.
AMD rigs are being shut down. Prepare to resell your AMD at $40 on the aftermarket.
AMD rigs are being shut down. Prepare to resell your AMD at $40 on the aftermarket.
it has increased since the 11/07, only slightly, but it isn't falling. in just over a month it has gone 2.5 times up in difficulty.
people will still mine and won't sell there rings for a while.
https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart
Eth difficulty is not increasing since 07/11, the first time since the DAO.
AMD rigs are being shut down. Prepare to resell your AMD at $40 on the aftermarket.
AMD rigs are being shut down. Prepare to resell your AMD at $40 on the aftermarket.
which AMD card is just 1/5 slower than a 1080ti on ZEC? need some of them
(you compare 0,20 vs 0,25 on ZEC so i assume there is some AMD you know which is just 1/5 slower on mining ZEC than 1080ti).rx 570 can do 280-320 sols, 1080ti can do 700-750. So instead of 25cents you will make 0,45, big deal (minus electricity)
Bad math.
If the rx 570 at 320 sols (which is a good bit higher than my RX 470 cards but they're not BIOS modded so seems reasonable) pulls in 25 cents, the 1080ti would be pulling in more like 55-60.
When you factor in the electric cost, the PROFITABILITY ratio is even wider as the 1080ti is quite a bit more efficient on ZEC.
In my case though, I'm not mining ZEC - and my 1080 ti cards are pulling in 3-4 TIMES as much income as a RX card mining ETH would be - even a modded 8GB card running 29 or so MH/s like my R9 290 cards do (most RX cards are slower than that, though normally it's close on the bios-modded high-OC ones).
rx 570 (lets say) will pull 0.20 cents, Quote: "which AMD card is just 1/5 slower than a 1080ti on ZEC? need some of them
(you compare 0,20!! vs 0,25 on ZEC so i assume there is some AMD you know which is just 1/5 slower on mining ZEC than 1080ti)."All i can say is we will see in a few months, it is going to be really difficult time for miners, many will have to sell gpus that is a fact.
which AMD card is just 1/5 slower than a 1080ti on ZEC? need some of them
(you compare 0,20 vs 0,25 on ZEC so i assume there is some AMD you know which is just 1/5 slower on mining ZEC than 1080ti).rx 570 can do 280-320 sols, 1080ti can do 700-750. So instead of 25cents you will make 0,45, big deal (minus electricity)
Bad math.
If the rx 570 at 320 sols (which is a good bit higher than my RX 470 cards but they're not BIOS modded so seems reasonable) pulls in 25 cents, the 1080ti would be pulling in more like 55-60.
When you factor in the electric cost, the PROFITABILITY ratio is even wider as the 1080ti is quite a bit more efficient on ZEC.
In my case though, I'm not mining ZEC - and my 1080 ti cards are pulling in 3-4 TIMES as much income as a RX card mining ETH would be - even a modded 8GB card running 29 or so MH/s like my R9 290 cards do (most RX cards are slower than that, though normally it's close on the bios-modded high-OC ones).
If price stays the same, difficulty will not rise much and then after few weeks it will stabilize if price stays the same, profitability is low, people are getting out and they started selling their gpu's and many are following which means prices of graphics cards will crash especially in Europe where electricity is very expensive and people cant afford to mine, better to invest the money somewhere, returns are much greater. This is a good time to buy coins.
Price level has nothing to do with difficulty
If price stays the same, difficulty will not rise much and then after few weeks it will stabilize if price stays the same, profitability is low, people are getting out and they started selling their gpu's and many are following which means prices of graphics cards will crash especially in Europe where electricity is very expensive and people cant afford to mine, better to invest the money somewhere, returns are much greater. This is a good time to buy coins.
the guy who bought my rig didn't have a clue what he was doing, but that is how i started.
Im considering mining but not sure if the value is still there. I dont have anything special just several old laptops around the house...Would it make sense to convert each into some type of mining platform I would say about 4 or 5 laptops mining at once. I am too new to his but yes everyone loves free money.
laptops are not very good to mine with.
but if you tell us the cpu in each one and the gpu in each one I could tell you if it is practical.
If price stays the same, difficulty will not rise much and then after few weeks it will stabilize if price stays the same, profitability is low, people are getting out and they started selling their gpu's and many are following which means prices of graphics cards will crash especially in Europe where electricity is very expensive and people cant afford to mine, better to invest the money somewhere, returns are much greater. This is a good time to buy coins.
the guy who bought my rig didn't have a clue what he was doing, but that is how i started.
Im considering mining but not sure if the value is still there. I dont have anything special just several old laptops around the house...Would it make sense to convert each into some type of mining platform I would say about 4 or 5 laptops mining at once. I am too new to his but yes everyone loves free money.
I'm quite happy to keep on mining, I tend to hold most of my coins. Past few months I've been mining some lesser known coins while the going is good and then just selling for eth/zec etc
If your electricity cost is lower than $0.1/kWh, mining is a good option.
I'm quite happy to keep on mining, I tend to hold most of my coins. Past few months I've been mining some lesser known coins while the going is good and then just selling for eth/zec etc
What you are talking about is speculation.
Basically every coin has roughly the exact same profitability due to sites like What-to-mine.
You can mine a basic coin like ETH, sell the ETH and buy your new coin. The end result would be the same. The BTC holders who never mine do this also to increase their BTC holdings. Actually I think most GPU miners mine ETH, and sell ETH to buy BTC and HODL the BTC.
That is what I am doing.
Yep all miners are in essence speculative miners. Some just play it safe by mining the most profitable coins while others take on a lot more risk by mining CPU minable coins before they're GPU minable like Pascal or GPU coins like ZenCash that started out on a rocky launch; in hopes they will rise later.
The only coins I swap for are PoS coins like NXT and ARDR. I'd rather strengthen the network if it's a PoW coin but that's not for everyone and I totally get that.
It seems 1080Ti is still very overpriced, about $850, just 1080 is more profitable choise, due to the price about $600
1080 Ti are $700. What you are talking about is speculation.
Basically every coin has roughly the exact same profitability due to sites like What-to-mine.
You can mine a basic coin like ETH, sell the ETH and buy your new coin. The end result would be the same. The BTC holders who never mine do this also to increase their BTC holdings. Actually I think most GPU miners mine ETH, and sell ETH to buy BTC and HODL the BTC.
That is what I am doing.
Correct.
Because people seem to be forgetting that even though the 1080Ti is faster, more optimized, less power, etc. It won't mean a thing when its only making $0.25/day.
People seem to think that the current profitability will last for the next 2-3 years. In that case, then "YES" the 1080Ti would of been the most obvious choice but you need to have some risk control.
Because people seem to be forgetting that even though the 1080Ti is faster, more optimized, less power, etc. It won't mean a thing when its only making $0.25/day.
People seem to think that the current profitability will last for the next 2-3 years. In that case, then "YES" the 1080Ti would of been the most obvious choice but you need to have some risk control.
which AMD card is just 1/5 slower than a 1080ti on ZEC? need some of them
(you compare 0,20 vs 0,25 on ZEC so i assume there is some AMD you know which is just 1/5 slower on mining ZEC than 1080ti).rx 570 can do 280-320 sols, 1080ti can do 700-750. So instead of 25cents you will make 0,45, big deal (minus electricity)
More or less what I was trying to say.
In the future, ZEC mining might be very unprofitable and the 1080ti will need to mine ETH which is the largest marketcap coin.
you simply do not understand the economics of zec. vs eth.
zec coins are worth under 500,000,000
eth coins are worth more then 20,000,000,000
or .5 bill vs 20 bill
nvidia is worth more then 40 bill
pumping zec is a piece of cake for nvidia .
pumping zec sells nvidia cards.
nvidia would be morons to not pump zec a few more times over then next year.
the losers in alt coins appear to be amd card owners not 1080 ti nvidia card owners.
unless the amd vega does 900-1000 sols at 200 watts
I think you are wrong. Frankly how would Nvidia mess up with such a thing ? Nvidia is a company, where decisions has to be taken by investors. Do you really think "buying a crypto-currency to make price rise and sell more GPUs" would be an acceptable argument for them ? I definitely think no.
It seems 1080Ti is still very overpriced, about $850, just 1080 is more profitable choise, due to the price about $600
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