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Topic: I shut it down tonight boys. - page 2. (Read 5091 times)

jr. member
Activity: 234
Merit: 2
June 18, 2018, 03:33:21 AM
$0.03 here, guys
welcome to Russia. a wonderful country Smiley

.044 /kwh   US (Indiana).  Your power might be cheap in Russia but at what costs? Think about that.
not sure what you are talking about, bro. Roll Eyes

You dont know because you "may not know any other way".  But hey, this goes more into a political, national, etc type discussion that I am sure nobody else wants to hear about.  Atleast not in this thread anyway.  PM me if you want to chat.
jr. member
Activity: 238
Merit: 3
June 18, 2018, 02:34:47 AM
$0.03 here, guys
welcome to Russia. a wonderful country Smiley

.044 /kwh   US (Indiana).  Your power might be cheap in Russia but at what costs? Think about that.
not sure what you are talking about, bro. Roll Eyes
jr. member
Activity: 234
Merit: 2
June 18, 2018, 01:52:52 AM
$0.03 here, guys
welcome to Russia. a wonderful country Smiley

.044 /kwh   US (Indiana).  Your power might be cheap in Russia but at what costs? Think about that.
sr. member
Activity: 700
Merit: 254
June 18, 2018, 01:50:01 AM
If you are a recreational miner, I am assuming you are doing it for fun and you do not care much about the crypto price swings. Thing about it this way: you bought some coins or tokens and the price is going down. Wait for better times before you can sell for a profit. Hence, keep mining regardless.
jr. member
Activity: 238
Merit: 3
June 18, 2018, 01:45:14 AM
$0.03 here, guys
welcome to Russia. a wonderful country Smiley
full member
Activity: 420
Merit: 105
German Translator - Hire me on Bitcointalk!
June 18, 2018, 01:42:05 AM
You are such a funny boy. Mining at 10 cents/kwh is not profitable at all. It's just a waste of time and bit money. Better try fishing or smth like that Smiley

Not profitable at all you say? I have a mixed rig of 6x 1060 and 2x 1080 mining ZEN that makes $8.50 in profit per day net of electric costs of $0.12US/kw-h.

Granted, it's not nearly as good as it was back in January when I was bringing in nearly 3x that amount, but a profit is a profit.

I have another rig (incomplete due to GPU shortage) of 4x RX 560 that makes about $2 in net profit mining MUSIC.

And a motley collection of CPUs and an RX 570 mining ITNS that may or may not be profitable, but I don't really care because I am waiting for more progress on their VPN.

So, yeah, mining is still profitable, just not "throw a dart at any shitcoin and go" profitable.

It's not possible to have profit from mining with electricity costs at $0.1 and more try to fix your calculator.
Check your math again. I have profits with a electricity costs at 0.3$  Wink
jr. member
Activity: 234
Merit: 2
June 18, 2018, 01:32:08 AM
You are such a funny boy. Mining at 10 cents/kwh is not profitable at all. It's just a waste of time and bit money. Better try fishing or smth like that Smiley

Not profitable at all you say? I have a mixed rig of 6x 1060 and 2x 1080 mining ZEN that makes $8.50 in profit per day net of electric costs of $0.12US/kw-h.

Granted, it's not nearly as good as it was back in January when I was bringing in nearly 3x that amount, but a profit is a profit.

I have another rig (incomplete due to GPU shortage) of 4x RX 560 that makes about $2 in net profit mining MUSIC.

And a motley collection of CPUs and an RX 570 mining ITNS that may or may not be profitable, but I don't really care because I am waiting for more progress on their VPN.

So, yeah, mining is still profitable, just not "throw a dart at any shitcoin and go" profitable.

It's not possible to have profit from mining with electricity costs at $0.1 and more try to fix your calculator.

Your math sucks. Go work on it!  At .1/kwh there is profit.
newbie
Activity: 112
Merit: 0
June 18, 2018, 12:07:20 AM
You are such a funny boy. Mining at 10 cents/kwh is not profitable at all. It's just a waste of time and bit money. Better try fishing or smth like that Smiley

Not profitable at all you say? I have a mixed rig of 6x 1060 and 2x 1080 mining ZEN that makes $8.50 in profit per day net of electric costs of $0.12US/kw-h.

Granted, it's not nearly as good as it was back in January when I was bringing in nearly 3x that amount, but a profit is a profit.

I have another rig (incomplete due to GPU shortage) of 4x RX 560 that makes about $2 in net profit mining MUSIC.

And a motley collection of CPUs and an RX 570 mining ITNS that may or may not be profitable, but I don't really care because I am waiting for more progress on their VPN.

So, yeah, mining is still profitable, just not "throw a dart at any shitcoin and go" profitable.

It's not possible to have profit from mining with electricity costs at $0.1 and more try to fix your calculator.
sr. member
Activity: 994
Merit: 278
June 14, 2018, 05:45:29 AM
I was under the impression some of the CryptoNote coins are still profitable. I guess it depends what you're mining with too.
full member
Activity: 1148
Merit: 132
June 14, 2018, 02:47:11 AM
Youre not fooling anyone, your power isnt free.  You just paid for it up front and have how many decades before you get ROI on it?  How much equipment will you have to replace before the ROI day comes? Hmmm

FYI, some solar panels and inverters out there have 25 years of warranty, while most average at around 10 years of warranty.

Guess how long it takes to ROI a simple grid-tied solar installation? 4-5 years. Good luck to you chumps. Anyone not investing in solar is missing out. Just get a simple enough solar system that supports your household consumption.

Yup. Can consider Tesla's Solar! https://www.tesla.com/energy. 25 years warranty, useful life span of 35 years. Cheesy
too expensive compared to other solar options
newbie
Activity: 91
Merit: 0
June 14, 2018, 12:23:11 AM
Youre not fooling anyone, your power isnt free.  You just paid for it up front and have how many decades before you get ROI on it?  How much equipment will you have to replace before the ROI day comes? Hmmm

FYI, some solar panels and inverters out there have 25 years of warranty, while most average at around 10 years of warranty.

Guess how long it takes to ROI a simple grid-tied solar installation? 4-5 years. Good luck to you chumps. Anyone not investing in solar is missing out. Just get a simple enough solar system that supports your household consumption.

Yup. Can consider Tesla's Solar! https://www.tesla.com/energy. 25 years warranty, useful life span of 35 years. Cheesy
jr. member
Activity: 160
Merit: 3
Aku belum mandi Taktuntuang Taktuntuang
June 13, 2018, 11:24:00 PM
Why I think you are crying like a baby LoL Bye bye baby miner, I hope there are many people like you that will shut it down their rig and looking for the other hobby. It will give a good chance for another miner to gain more profit. If people like you still mining, it just only increase the difficulty of shared mining.
member
Activity: 644
Merit: 24
June 13, 2018, 08:02:10 PM
Youre not fooling anyone, your power isnt free.  You just paid for it up front and have how many decades before you get ROI on it?  How much equipment will you have to replace before the ROI day comes? Hmmm

FYI, some solar panels and inverters out there have 25 years of warranty, while most average at around 10 years of warranty.

Guess how long it takes to ROI a simple grid-tied solar installation? 4-5 years. Good luck to you chumps. Anyone not investing in solar is missing out. Just get a simple enough solar system that supports your household consumption.

Oh I agree with you.  Personally, I don't plan living in my current home for more than another few years, so I don't feel like I should be investing in solar.  When I get to my forever home, I will certainly be looking at it.
full member
Activity: 406
Merit: 110
June 13, 2018, 07:58:36 PM
Youre not fooling anyone, your power isnt free.  You just paid for it up front and have how many decades before you get ROI on it?  How much equipment will you have to replace before the ROI day comes? Hmmm

FYI, some solar panels and inverters out there have 25 years of warranty, while most average at around 10 years of warranty.

Guess how long it takes to ROI a simple grid-tied solar installation? 4-5 years. Good luck to you chumps. Anyone not investing in solar is missing out. Just get a simple enough solar system that supports your household consumption.
member
Activity: 644
Merit: 24
June 13, 2018, 07:48:49 PM
Full home solar i all most don't pay any thing for Electricity i love it, i can mine all most endlessly rather it's a good time or not .as long as i can stand the heat and noise, I'm gonna mine, Electricity is no issue for me .

SO I'll keep mining a way.




So Santa Claus delivered you a whole home solar power system?

Youre not fooling anyone, your power isnt free.  You just paid for it up front and have how many decades before you get ROI on it?  How much equipment will you have to replace before the ROI day comes? Hmmm

Perhaps he installed the solar panels, prior to getting into mining.  I know someone who invested money into solar power, ended up with a lot of extra and found mining, because he was trying to find something to do with that extra power.  I'm paying around 0.10kwh ... I haven't shut down my rigs at all this year, because to be honest ... Mining shitcoins to accumulate more btc is my only objective.  I look at usd value way less than I look at how much btc I can get out of whatever shitcoin I've mined.
member
Activity: 644
Merit: 24
June 13, 2018, 07:41:46 PM
Just waiting for winter to arrive so they can be dual purpose heaters.

They do make great space heaters! I told my wife we need a couple rigs in every room!

Wish it worked that way for me, but honestly, a six gpu 1080ti rig was heating my small home office way less adequately than a $30 dollar space heater last winter.  Furnace on at 70F.  Noise on that rig wasn't bad, but I just prefer to have all of my rigs in one room, and live a semi-normal life style outside of mining.  31 gpu's in a 12x15 room isn't bad during the winter, the room is actually cold with one intake fan and one other open window.  Indiana late spring/summer forced me to come up with a way to exhaust the heat.  The ambient room temp is about 6F above the temp of the intake air, but before I started exhausting at 3500ish cfm, that six degrees could easily climb to 20 degrees or higher.
jr. member
Activity: 234
Merit: 2
June 13, 2018, 05:52:02 PM
Just waiting for winter to arrive so they can be dual purpose heaters.

They do make great space heaters! I told my wife we need a couple rigs in every room!
jr. member
Activity: 234
Merit: 2
June 13, 2018, 05:50:47 PM
Full home solar i all most don't pay any thing for Electricity i love it, i can mine all most endlessly rather it's a good time or not .as long as i can stand the heat and noise, I'm gonna mine, Electricity is no issue for me .

SO I'll keep mining a way.




So Santa Claus delivered you a whole home solar power system?

Youre not fooling anyone, your power isnt free.  You just paid for it up front and have how many decades before you get ROI on it?  How much equipment will you have to replace before the ROI day comes? Hmmm
member
Activity: 126
Merit: 10
June 13, 2018, 01:13:27 PM
Full home solar i all most don't pay any thing for Electricity i love it, i can mine all most endlessly rather it's a good time or not .as long as i can stand the heat and noise, I'm gonna mine, Electricity is no issue for me .

SO I'll keep mining a way.


jr. member
Activity: 199
Merit: 1
June 13, 2018, 01:04:08 PM
Just waiting for winter to arrive so they can be dual purpose heaters.
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