I'm glad I didn't buy any more video cards, a 1080ti barley makes $1 a day - page 5.

michellee

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Quote from: h311m4n on March 25, 2018, 04:19:04 PM

Quote from: minttop on March 25, 2018, 08:56:37 AM

You're lucky
Many people have bought a great number of videocards - now they are in flame
But we really don't know what is gonna be in few weeks or months
Maybe if they will stop mining till the time when prices will grow up again (stop mining to save card resource)
I'd start mining when the situation will be more transparent
Now it's perfect time for trading

Hmmm...depends on your trading style, I wouldn't call it a great time for trading, then again I don't have time for day to day trading myself, hence why I just keep an eye on the daily charts. For now, all I see is a bearish market still, and I'm not buying.

I think if we decide to continue trading, we need to be careful because the market cannot predict and the price can go up and down in anytime so we need to make a good analysis before we buy and sell. don't make a fast selling if we are not sure about the situations in the market and hold is the good step in trading for now. and actually, I don't think that mining will be stopped because cryptocurrency related to mining and it cannot separate.

EthanB

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Quote from: minttop on March 25, 2018, 08:56:37 AM

You're lucky
Many people have bought a great number of videocards - now they are in flame
But we really don't know what is gonna be in few weeks or months
Maybe if they will stop mining till the time when prices will grow up again (stop mining to save card resource)
I'd start mining when the situation will be more transparent
Now it's perfect time for trading

If people's cards are in flames then I would suggest that they are running their temps way too high. Many people run their cards conservatively and keep them running during these times of lower profitibility, because the lower profitibility is mostly due to the prices of coins falling down. If you treat your equipment and harware properly you aren't going to run into problems where you purchased a bunch of cards and they're "in flames". I don't understand how turning off your miners until prices go up is helpful. If you could've mined .01 coin while the price was low, what difference does it make if you mined the same .01 when the price is high? With this logic you could simply mine the coin now, before the difficulties increase and hold onto the coin until prices go up. This is what most intelligent miners do, they mine through the price drops and the difficulty increases and simply adapt so they can get the most out of it. It is always a perfect time to trade when the price is volatile, but I would suggest that now is a better time to buy BTC than to trade it, honestly. When you say you would start mining if it became more transparent, what are you referencing exactly? What is not transparent?

h311m4n

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Quote from: minttop on March 25, 2018, 08:56:37 AM

You're lucky
Many people have bought a great number of videocards - now they are in flame
But we really don't know what is gonna be in few weeks or months
Maybe if they will stop mining till the time when prices will grow up again (stop mining to save card resource)
I'd start mining when the situation will be more transparent
Now it's perfect time for trading

Hmmm...depends on your trading style, I wouldn't call it a great time for trading, then again I don't have time for day to day trading myself, hence why I just keep an eye on the daily charts. For now, all I see is a bearish market still, and I'm not buying.

EthanB

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Quote from: remauto1187ma on March 23, 2018, 09:57:17 PM

I have 2 rigs with a total of 20 gpu's, two of them being 1080s and those cards are making more than a buck a day and always have.

Exactly, this is my point and it seems like almost everybody else is in disagreement with OP. Mining by no means is at a shortage of people willing to mine and profit, even if that means profiting a little bit less now and then. So, it's not like anybody is going to sit there and convince you to continue mining. If you don't think it is worth it, then you are free to bow out and sell your cards at a discounted rate for being used. I'm sure many here would happily pick up the card, I know that I would be interested. 1080TIs are going to be a solid GPU for mining for most likely years as we have seen other series pull of similar things. Especially with the scarcity of the resources, I doubt it's going to get worse.

gotminer

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In the game of Poker, we would call the OP a "Donkey".

minttop

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You're lucky
Many people have bought a great number of videocards - now they are in flame
But we really don't know what is gonna be in few weeks or months
Maybe if they will stop mining till the time when prices will grow up again (stop mining to save card resource)
I'd start mining when the situation will be more transparent
Now it's perfect time for trading

h311m4n

sr. member

Activity: 487

Merit: 266

Quote from: Ityan on March 21, 2018, 10:28:31 AM

You're obviously doing it wrong. Mining isn't just buy-plug-sit-profit. It takes time, dedication, effort, research and passion. Real miners understands this.

Yep.

If you just look at the daily profit of whatever you're mining, then you are doing it wrong. It's like looking at the hourly BTC chart. Oh it's going back up, bullish! Nope...if you look on the daily chart, it sure as shit isn't. But it will, at some point.

You need to look at mining (and whatever you are mining) in a longer time frame. I have stopped mining what everyone's mining a long time ago. I mine coins that I can see a future for or that will turn into POS or MN coins at some point where I can turn profits without my GPUs. I think it's too early to call GPU mining dead, but I'm not buying GPUs at the moment unless they are really cheap. Whoever forks out 1k usd or half a grand for a 1080ti or an RX is just stupid, sorry.

I'm still turning profits even when I pay about 0.20$/kW

littlehobo

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i have 3 of them and a 1070.
There are LOADS of different coins that can make more than that a day, i would suggest even most coins that are ASIC / Nicehash proof should get you way more than that.

Looking at the dollar value each day is a mistake, i have made it before, its how many coins you can get. there is not a USD miner jsut yet i think, so you are not mining dollars you are mining coins, and in the terms of new coins you are mining the chance they might do something.

If your that worried just put your card on Nicehash, even they are paying more than a dollar a day for your card.

gotminer

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Quote from: blockchange88 on March 24, 2018, 11:19:37 AM

Quote from: Digital Drug Lord on March 18, 2018, 08:22:38 AM

I only bought 1 1080ti. If I would have bought a rig I would be I the red and very upset

Small time soy boy cucks with a single 1050ti in their porn rig, like you, that feel they need to post fud in every thread shouldn't be mining to begin with. Mining requires steel balls, not atrophic gonads like yours. Please leave, your opinion is worth the piss soaked dirt under my shoes.

gotminer

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Quote from: Riptide_NVN on March 24, 2018, 09:28:46 AM

Digital FUD Lord Undecided

C'mon guy. You're so negative. Yah the markets down. Investors have fled. Birds fly south and sometimes they come back. If you can't take the heat then get outta the kitchen.

And the kid has one gpu ... Lol. It's almost laughable that he is complaining. Well it is laughable, because he thought he was going to be a millionaire overnight. Now he sad Grin

Coffee135

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I not believe in the that OP earns 1 the dollar with GPU 1080 ti. That can't happen. But I agree now that the profitability of GPU mining is really losing its relevance. This is very bad. Perhaps this can cause the collapse of many coins in the future. Loss of decentralization mining is the first step to the loss of investor interest. The altcoin market is waiting for radical changes.

blockchange88

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ethereum is a fork of ethereum classic.

Quote from: Digital Drug Lord on March 18, 2018, 08:22:38 AM

I only bought 1 1080ti. If I would have bought a rig I would be I the red and very upset

Small time soy boy cucks with a single 1050ti in their porn rig, like you, that feel they need to post fud in every thread shouldn't be mining to begin with. Mining requires steel balls, not atrophic gonads like yours. Please leave, your opinion is worth the piss soaked dirt under my shoes.

Riptide_NVN

member

Activity: 294

Merit: 16

Digital FUD Lord Undecided

C'mon guy. You're so negative. Yah the markets down. Investors have fled. Birds fly south and sometimes they come back. If you can't take the heat then get outta the kitchen.

m.vina

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Activity: 280

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Quote from: Digital Drug Lord on March 18, 2018, 08:22:38 AM

I only bought 1 1080ti. If I would have bought a rig I would be I the red and very upset

You probably take your name too seriously. No 1080ti should be doing $1 per day based on the current market rates. If this is not FUD spreading post, you probably should just look at whattomine.com. Even by using that ultra mainstream site you should be able to get at least $2-3 mining with your 1080ti.

mayers8851

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Mining will not die due to a very cheap elecricity in some places, but mining will definitely die for places with high prices like $0.25.

Turkish88

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Yes one day miners have fiasco. Only professional hodlers will survive

Palmerson

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Live cams shows pimped with cryptocurrency

This is only the beginning. The profitability of the GPU will continue to fall. Asics displace GPU from the market. I think it's a big mistake. Now customs officers of many countries require the provision of certificates for asics. It's a bit of a deterrent to their spread, but I think it's the problem of all the altcoins. If tomorrow the government will ban import of mining equipment will be under the threat of stopping.

michellee

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Quote from: remauto1187ma on March 23, 2018, 09:57:17 PM

Quote from: EthanB on March 21, 2018, 11:08:48 AM

Just reading this thread everyday when I wake up now is going to become a hilarious habit. I normally remove threads from my watchlist once they start getting away from me, but I can't help myself but to stick around in this case. There was one night where profits dipped down, mostly due to a drop in price from BTC, but now it genuinely seems like a lot of people have turns off their miners or something. 1080ti profitability is up from the last time I even posted in here, far surpassing $1

You guys are basing your numbers off profitibility calculators and not actual use cases. I've never seen a 1080ti make less than $2 a day with my own two eyes. Most of those I know mining aren't even using an exclusive rig, just use the card their monitor is connected because they're "casual" miners/users.

I have 2 rigs with a total of 20 gpu's, two of them being 1080s and those cards are making more than a buck a day and always have.

20 GPU's is good for start and I am sure that we can make money from the rigs although we still need more rigs if we want to earn a big money. but we need to think about how much electricity fee that we should pay because if we want to buy more than 2 rigs, we need to calculate how much money we need to spend and how big the electricity we needed so our rigs could run properly.

kiver

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totally right mining profits have gotten very low lately, however, i bought my gpus when they were cheap never try to buy on these crazy prices but i think the prices will go down soon a lot of people that was in it for greed are moving out and they will sell their on a very cheap prices which will of course affect the market in a good way Grin

(for buyers)

remauto1187ma

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Quote from: EthanB on March 21, 2018, 11:08:48 AM

Just reading this thread everyday when I wake up now is going to become a hilarious habit. I normally remove threads from my watchlist once they start getting away from me, but I can't help myself but to stick around in this case. There was one night where profits dipped down, mostly due to a drop in price from BTC, but now it genuinely seems like a lot of people have turns off their miners or something. 1080ti profitability is up from the last time I even posted in here, far surpassing $1

You guys are basing your numbers off profitibility calculators and not actual use cases. I've never seen a 1080ti make less than $2 a day with my own two eyes. Most of those I know mining aren't even using an exclusive rig, just use the card their monitor is connected because they're "casual" miners/users.

I have 2 rigs with a total of 20 gpu's, two of them being 1080s and those cards are making more than a buck a day and always have.

Topic: I'm glad I didn't buy any more video cards, a 1080ti barley makes $1 a day - page 5. (Read 3024 times)