Topic: I shut it down tonight boys. - page 3. (Read 5091 times)
Shut it down again. Capitulating and selling my entire bag. Selling GPU's on kijiji.
I quit monero as the profitability of it has tanked because of its price. Currently mining Zencash and Feathercoin. Monero's value has declined so rapidly that I mined for 30 days and didnt make a single cent.
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 
With laughable comments like these two and the decreasing profitability i wonder why we even try and help people and point them at the right direction. People who look at daily rates or whattomine as measures of profitability probably deserve to be the first to be pushed out of the mining scene. More for us is good.
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
Did you ever mine?
There are a lot of profitable coins to mine out there.
If you are only looking on whattomine you are doing something wrong
I quit monero as the profitability of it has tanked because of its price. Currently mining Zencash and Feathercoin. Monero's value has declined so rapidly that I mined for 30 days and didnt make a single cent.
You are actually better off just mining XMR and holding because it's currently at $150 which is a very important supper level.
Pull up a chart and look at the daily or the weekly. Very strong support in that area. Basically similar to LTC chart.
Most likely this support will hold and you can resell higher in a few months.
I quit monero as the profitability of it has tanked because of its price. Currently mining Zencash and Feathercoin. Monero's value has declined so rapidly that I mined for 30 days and didnt make a single cent.
It's up to you to turn it off or turn it on. For me mining is fun. Even though many peoples say mining is now more difficult and more expensive. I don't care, for me mining can increase income even it small income.
I think that's depends how we use from the mining results, that's can makes become more profitable.
I think that's depends how we use from the mining results, that's can makes become more profitable.
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
Do you ever try another coins? like xmy or xmv? or sumocoin? I guess more and more people are retiring from mining altcoin it will become a good news for other miner https://www.youtube.com/watch?v=JSUIQgEVDM4
The hashrate will be decrease, am I right? So if you have no passion in mining, please let it another people take it. Do you want to sell your rig to me? maybe I will be interested 
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
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.
The OP shut it down and I added MORE gpu's, One of us screwed up...and it aint me.
What is the price of your electricity?
Mine is double what his is ... I never shut anything down. If the OP was paying 25+ cents per kwh, then I can see why he decided to get out. Shutting rigs down isn't the right thing to do though. Either keep them running or sell them. Shutting them down and letting them sit is one of the worst ideas.
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
Mine and not sell now but hold coins is another story which has nothing in common with profit. Cause you still paying for electricity but have nothing in return. May be your coins will rise some time. May be not. Doesnot matter at all. Anyway better to buy it directly at market. If you had strong face and if it rose someday.
Mining and trading/holding has everything to do with profit. Sure you're paying for electricity out of your own pocket, but you do get something in return. You get the coins that you mined, in return. Yes it matters if the value of your crypto increases of decreases over time. Why wouldn't that matter? Your way of thinking has many flaws.
Are you still yapping troll?
If you could read AND comprehend you would see where I stated I pay 4.8 cents /kwh. So its still quite profitable kid. And there is no difference between profitable now or profitable later. Its still profitable. Just because "you" cant afford the fronting of the power bill doesnt make it not profitable.
If you could read AND comprehend you would see where I stated I pay 4.8 cents /kwh. So its still quite profitable kid. And there is no difference between profitable now or profitable later. Its still profitable. Just because "you" cant afford the fronting of the power bill doesnt make it not profitable.
The OP shut it down and I added MORE gpu's, One of us screwed up...and it aint me.
What is the price of your electricity?
Mine is double what his is ... I never shut anything down. If the OP was paying 25+ cents per kwh, then I can see why he decided to get out. Shutting rigs down isn't the right thing to do though. Either keep them running or sell them. Shutting them down and letting them sit is one of the worst ideas.
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
If you think like a funny boy you are acting like a funny boy no matter how old are you.
Mining is not profitable now at all if you mine, pay 10 cent or more per kwt/h and sell your coins on market.
That is obviously if you had some calculator.
Mine and not sell now but hold coins is another story which has nothing in common with profit. Cause you still paying for electricity but have nothing in return. May be your coins will rise some time. May be not. Doesnot matter at all. Anyway better to buy it directly at market. If you had strong face and if it rose someday.
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
Lol, I clicked the youtube link hoping that it might be a documentation of your rig or your calculations, thinking you might gone wrong.https://www.youtube.com/watch?v=JSUIQgEVDM4
Anyways, this video might help you: https://www.youtube.com/watch?v=dQw4w9WgXcQ
Shhhhh DONT TELL THEM THE SECRET
The secret is, buy an ASIC.Spoken like a true BITMAIN shill.
The OP shut it down and I added MORE gpu's, One of us screwed up...and it aint me.
What is the price of your electricity?
Mine is double what his is ... I never shut anything down. If the OP was paying 25+ cents per kwh, then I can see why he decided to get out. Shutting rigs down isn't the right thing to do though. Either keep them running or sell them. Shutting them down and letting them sit is one of the worst ideas.
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
Unless you are mining with dinosaur equipment like an Antminer S3 or a GPU from 2009 then you should always be able to turn a profit.
Even mining with the old R9 280X turns a profit with XMR which only uses like 125Watts and makes over 2 quarters a day.
The OP shut it down and I added MORE gpu's, One of us screwed up...and it aint me.
What is the price of your electricity?
Mine is double what his is ... I never shut anything down. If the OP was paying 25+ cents per kwh, then I can see why he decided to get out. Shutting rigs down isn't the right thing to do though. Either keep them running or sell them. Shutting them down and letting them sit is one of the worst ideas.
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
The OP shut it down and I added MORE gpu's, One of us screwed up...and it aint me.
What is the price of your electricity?
Mine is double what his is ... I never shut anything down. If the OP was paying 25+ cents per kwh, then I can see why he decided to get out. Shutting rigs down isn't the right thing to do though. Either keep them running or sell them. Shutting them down and letting them sit is one of the worst ideas.
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
If you have to shut down your miner 'cause you aren't making a profit, you are doing something wrong.
You better say: you were doing somthing wrong before it
The OP shut it down and I added MORE gpu's, One of us screwed up...and it aint me.
What is the price of your electricity?
Mine is double what his is ... I never shut anything down. If the OP was paying 25+ cents per kwh, then I can see why he decided to get out. Shutting rigs down isn't the right thing to do though. Either keep them running or sell them. Shutting them down and letting them sit is one of the worst ideas.
The OP shut it down and I added MORE gpu's, One of us screwed up...and it aint me.
What is the price of your electricity?
The OP shut it down and I added MORE gpu's, One of us screwed up...and it aint me.
What is the price of your electricity?
If you have to shut down your miner 'cause you aren't making a profit, you are doing something wrong.
Well these are mostly the guys who know nothing other than 1-click miners and have no interest in putting in the time to actually learn that there is another world out there.
Yes definitely these are the persons who only know bitcoin from local and international news and they heard about good profits to be made by so called "mining rigs" for them.
They will be sad at the first obstacle and think they lost everything, until crypto is clean from these kind of persons we cannot really move forward.We need fanatic believers for the crypto in order to really make a revolution in digital money.
I wholeheartedly disagree. I want to see everyone mining, not just the fanatics. The more people mining the more likely crypto becomes more widely accepted and used. Also, if every idle GPU were mining that's a pretty big/secure network. I say invite everyone to the party!
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