I shut it down tonight boys. - page 10.

Ayuluv2001

jr. member

Activity: 196

Merit: 1

Quote from: Geraldo on March 30, 2018, 04:20:59 AM

Quote from: treanski on March 30, 2018, 03:30:40 AM

one free advice then coins on whattomine are not profitable ..

Super agree with you, buddy.

When most miner using Whattomine as a reference, and they mine the best three (above), mean that the best three would be the best three from below.
Remember guys, Coins with a lot of miners equal to coins with high Hashrate and also would increase difficulty, means this coin would be an Unprofitable coin.

bingo! I thought i am one of the few to do the reverse way! Way to go buddy!

Yes i dont do the top few... usually bottom or mid etc

have to test it yourself

flong

member

Activity: 144

Merit: 10

I imagine this is a common sentiment (which I think generally bodes well for the rest of us that are in it to win it). It's not just about what's profitable today but what you think has longevity in the future as some have said.

Bulitt

member

Activity: 108

Merit: 11

I turned em back on but Im switching back to Monero. The difference in revenue is negligible but the power demands are less than half that of neoscrypt. 6950 is only using 50W, and R9 270X is only used 80-100. With Neoscrypt the 6950 would use over 100W and the R9 270X would use a staggering 180W.

The Demon Slick

newbie

Activity: 182

Merit: 0

OP was barely mining anyways with old cards, but that's not the point. Bullit, you need to target specific coins that you research and believe in. Mostly you will fail. However, there is an opportunity for you to win big on one or two of the ones you pick. With not much hash power, and without investing further, this is your best chance to profit greatly. Think of those coins like lottery tickets, most will lose. With your low electricity costs and outdated equipment your daily cost is negligible anyways, you're obviously not counting on the income.
May you win bigly!

Athavan

newbie

Activity: 32

Merit: 0

Quote from: Bulitt on March 30, 2018, 12:49:21 AM

My little hobby rig cannot find a coin to mine thats profitable. Even with $0.06kWh electricity Im losing money from this point on.

https://www.youtube.com/watch?v=JSUIQgEVDM4

dimpsk

newbie

Activity: 112

Merit: 0

Quote from: Ultegra134 on March 31, 2018, 04:43:04 PM

Quote from: Oakey22 on March 31, 2018, 03:32:46 PM

You just have to do what you have to do. Unfortunately profits are at an insane low level. Too many noobs came in the mining place along with all the big money just buying up everything who can sit and ROI ovrr 2 years as it's still better gains for them than banks.

Mining was over-hyped, you could actually notice it on here too, there wouldn't be a single day without a newbie asking on how to get started on mining. Too many people joined the game the last few months which resulted into a difficulty increase, in conjunction with the current low price levels was enough to make mining borderline profitable for some.

However, with the increasing number of people shutting down their rigs and avoiding joining the mining game, it wouldn't be surprising if profitability slowly recovers the next few months.

May be, but you should take into consideration that many people just can't count. They are crying about ROI less then 1 year, even 6 monthes I heard. And they still buing new GPU and farms. So it probable takes more time

Ultegra134

hero member

Activity: 1680

Merit: 845

Quote from: Oakey22 on March 31, 2018, 03:32:46 PM

You just have to do what you have to do. Unfortunately profits are at an insane low level. Too many noobs came in the mining place along with all the big money just buying up everything who can sit and ROI ovrr 2 years as it's still better gains for them than banks.

Mining was over-hyped, you could actually notice it on here too, there wouldn't be a single day without a newbie asking on how to get started on mining. Too many people joined the game the last few months which resulted into a difficulty increase, in conjunction with the current low price levels was enough to make mining borderline profitable for some.

However, with the increasing number of people shutting down their rigs and avoiding joining the mining game, it wouldn't be surprising if profitability slowly recovers the next few months.

LearningGuy

newbie

Activity: 69

Merit: 0

Quote from: Oakey22 on March 31, 2018, 03:32:46 PM

You just have to do what you have to do. Unfortunately profits are at an insane low level. Too many noobs came in the mining place along with all the big money just buying up everything who can sit and ROI ovrr 2 years as it's still better gains for them than banks.

Yup- great model

Oakey22

sr. member

Activity: 488

Merit: 322

You just have to do what you have to do. Unfortunately profits are at an insane low level. Too many noobs came in the mining place along with all the big money just buying up everything who can sit and ROI ovrr 2 years as it's still better gains for them than banks.

WixlarCoin

newbie

Activity: 31

Merit: 0

Quote from: shibob on March 30, 2018, 02:48:16 AM

I still keep mining even my electric is more expensive than yours, it's about 0.075-0.08$/kwh here. Even the ETH price is going lower, I would like to use my self budget to pay electric bill. It's a bit like gambling but I really believe in the future of ETH. Actually some of my friends still keep going with mining, they involved with mining and crypto already more than 3 years, and the interesting is they said that they ever mined BTC without any profit during the last doom day. And of course, they're rich now.

Ethereum has proven its power and legit, who knowes what is coming next to the market or may be Ether can jump at any time to be the number1 cryptocurrency.
As Miners must be uptodate with the current prices and always sell in the best time to gain more profits.

cryptovigi

hero member

Activity: 714

Merit: 611

Quote from: Bigpiggy01 on March 31, 2018, 12:12:26 AM

I have a couple of old 6990 rigs that are even worse power hogs and they still make a bit on cryptonight. Cryptunit has a nice thread and sute on the more obscure cryptonight coins. His realtime profitability data is excellent compared with whattomine.

your gpu's are profitable with cryptonight which coin? Huh

I've though that we have already ASICS era on cryptonight and GPU's time is over on this algo....

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: wheelz1200 on March 30, 2018, 10:23:27 PM

Quote from: nunyabeezwax on March 30, 2018, 08:16:50 PM

Thatz right "boyz" he shut his crap down! More coins for us! Muahahahahaha. #retard

The best time to mine is when every clown such as the OP here is shutting their shit off because these are the non-intelligent ones of the species showing their true colors not knowing how mining actually works. It doesnt take a genius to figure out that crypto is squeezing out the weak minds. "Another one bites the dust" is the more appropriate song here: https://www.youtube.com/watch?v=WsYUruhJ0eo (Deadpool remix for the extra LoLz, there is blood in the streets "boys", its go time Cheesy

)

So to all you miners out there, SHUT YOUR CRAP OFF PLEASE!! I NEED DA COINAGES! lol.

A little harsh, there are times when it makes sense to shut down your miners, although i agree with most here, there is plenty of profit to be had but in the tighter times you have to be more proactive and read tons to stay on top of your game. But if the op is losing money than its not a bad idea to shut down...

This is indeed harsh which its somehow bullying for those people who do failed up into its mining career.We do all know that we dont have similarities when it comes to knowledge into these specific things specially on mining.It their rig after all and if he find out that hes already not profitable then he do have the full control or full decision next to make.If he shut it down its his own choice.Period.

PanneKopp

sr. member

Activity: 391

Merit: 250

aka ...

Quote from: Bulitt on March 30, 2018, 12:49:21 AM

My little hobby rig cannot find a coin to mine thats profitable. Even with $0.06kWh electricity Im losing money from this point on.

that is reasonable

Cheesy

MiningBattalion

full member

Activity: 333

Merit: 103

Quote from: varusisog on March 31, 2018, 11:15:45 AM

Quote from: crocozino on March 31, 2018, 12:43:52 AM

i feel sorry man, but that the way it is
I hope you have real job in order to compensate the loss of profits from mining.
cause know some people who decided they do not need job, and start to do the mining thing only, now they feel sorry about their decisions .

I think if he undervolt and underclock, it might be more profitable. But it might not worth the effort.

Now the electric consumption of mining is very high.The mining transaction fee also reduced,So we will get less amount of coins.Now Mining is not more profitable one.Instead you can do bitcoin trading to get more profit.

varusisog

member

Activity: 123

Merit: 10

Quote from: crocozino on March 31, 2018, 12:43:52 AM

i feel sorry man, but that the way it is
I hope you have real job in order to compensate the loss of profits from mining.
cause know some people who decided they do not need job, and start to do the mining thing only, now they feel sorry about their decisions .

I think if he undervolt and underclock, it might be more profitable. But it might not worth the effort.

LightNestling

newbie

Activity: 69

Merit: 0

This is the time when we invest on electric consumption, as we know selling mined coins won't give us any profit because of the current price right now. Once the bullish run starts, I'm sure we will be getting the profit from our mined coins.

bobo012

sr. member

Activity: 714

Merit: 257

As people have said, your electricity price is low enough to make profit in mining right now. I pay more than double your price and am profitable. If prices fall further it wont be profitable. I have new rx580 8gb series cards...

crocozino

sr. member

Activity: 420

Merit: 250

i feel sorry man, but that the way it is
I hope you have real job in order to compensate the loss of profits from mining.
cause know some people who decided they do not need job, and start to do the mining thing only, now they feel sorry about their decisions .

Bigpiggy01

hero member

Activity: 1138

Merit: 523

Quote from: Bulitt on March 30, 2018, 01:28:39 PM

Quote from: adaseb on March 30, 2018, 03:19:32 AM

Quote from: Bulitt on March 30, 2018, 12:49:21 AM

My little hobby rig cannot find a coin to mine thats profitable. Even with $0.06kWh electricity Im losing money from this point on.

https://www.youtube.com/watch?v=JSUIQgEVDM4

Trying to figure out which ancient GPUs you must be mining with not to make a profit with 0.06 kWh power.

Are you using the old Radeon 6990 to mine?

Hah you're pretty close. I have zero initial investment because precisely that fact, its made with my old gaming cards. HD 6950 1GB and R9 270X 2GB. The R9 270X alone is also not profitable.

I have a couple of old 6990 rigs that are even worse power hogs and they still make a bit on cryptonight. Cryptunit has a nice thread and sute on the more obscure cryptonight coins. His realtime profitability data is excellent compared with whattomine.

qwertyking

newbie

Activity: 98

Merit: 0

my electricity price is at $0.12 per kWh Embarrassed

try to find some profitable altcoin on the announcement thread, try altcoins using neoscrypt or equihash

Topic: I shut it down tonight boys. - page 10. (Read 5084 times)