Topic: Is your RIG still running? Profitable? (Read 2620 times)
Very cheap electricity hear and just at limit proffits.
.. blah blah blah ...
Do you always... talk like this?
How coin (VTC), that is being mined by some multipools, could be so profitable? I mean in short term (mine & dump).
it's not.
Dark Nike Young Chick? That sounds like Chinese food from McHammer days.
How coin (VTC), that is being mined by some multipools, could be so profitable? I mean in short term (mine & dump).
you guys are deaf and dumb.. mining Dark coin is not using less power it simply not doing as much hashing.
simply put, i tested this myself and i found an average of about 60 to 83% ma cpu usage mining vs scrypt or scrypt-n
THAT is what you guys are attributing to lower power usage.. it's imply not doing the same amount of work.
second of all i see another guy after i last posted here that said one line..
Just mine Dark coin and make oooh so much money.. blah blah blah
are you retarded ? i just finished telling that Vertcoin AKA: is 3x more profitable than Dark coin to mine and a better coin to boot !
seriously you don't believe ? i will unleash a tsunami of proof easily if you guys think i am lying
further more if really wanted to invest in Dark coin you could be mining VTC right now and selling at the end of the day
and buying your Dark coins and be far faaaar more ahead ..if you weren't an idiot. lol
I regularly use this angle to acquire coins i want.. i will mine one to sell them and buy another and i have had VERY good results doing that.
do your homework.. dipshits are parading around their Brand name fanboyism aka: X11 so then pull back the curtain and
do some research on things.. what did some guys here already say earlier about the coin ? are you guys deaf or what ?
X11 is afancy name they slapped on a modified version of Quark's algo whiel giving Quark zero credit in any way.
had the Quark dev made up some fancy dumb fuck name for his algo i bet you guys would be blowing him instead lol
Brand name fanboyism.. lol
i am sooo sick of the Dark coin bs hypers spreading mass bullshit.
Don't drink the Crypto-Koolaid kids,
but if you want to go ahead but i'll laugh watching when the sheets are laid out all over with Nike's sticking out the bottom lol
No i don't expect many people to get that reference
I'll give ya a hint it was an extremely famous incident that happened long before my fairly recent ex-girlfriend was even born.. i like em young and hot
simply put, i tested this myself and i found an average of about 60 to 83% ma cpu usage mining vs scrypt or scrypt-n
THAT is what you guys are attributing to lower power usage.. it's imply not doing the same amount of work.
second of all i see another guy after i last posted here that said one line..
Just mine Dark coin and make oooh so much money.. blah blah blah
are you retarded ? i just finished telling that Vertcoin AKA: is 3x more profitable than Dark coin to mine and a better coin to boot !
seriously you don't believe ? i will unleash a tsunami of proof easily if you guys think i am lying
further more if really wanted to invest in Dark coin you could be mining VTC right now and selling at the end of the day
and buying your Dark coins and be far faaaar more ahead ..if you weren't an idiot. lol
I regularly use this angle to acquire coins i want.. i will mine one to sell them and buy another and i have had VERY good results doing that.
do your homework.. dipshits are parading around their Brand name fanboyism aka: X11 so then pull back the curtain and
do some research on things.. what did some guys here already say earlier about the coin ? are you guys deaf or what ?
X11 is afancy name they slapped on a modified version of Quark's algo whiel giving Quark zero credit in any way.
had the Quark dev made up some fancy dumb fuck name for his algo i bet you guys would be blowing him instead lol
Brand name fanboyism.. lol
i am sooo sick of the Dark coin bs hypers spreading mass bullshit.
Don't drink the Crypto-Koolaid kids,
but if you want to go ahead but i'll laugh watching when the sheets are laid out all over with Nike's sticking out the bottom lol
No i don't expect many people to get that reference
I'll give ya a hint it was an extremely famous incident that happened long before my fairly recent ex-girlfriend was even born.. i like em young and hot
I'm not making as much as two months ago. Now with the new ASIC Scrypt Miners are out, I mine my 3.2 mh/s on either X11, HVC, Myraid or any profitable non-Scrypt coin. These non-Scrypt/non-Scrypt-N algos are pretty much less heat producing and less power hungry. Also, I cpu mine XPM.
Low power consumption algos! X11 and others are the best. I´m having exactly the half of power usage per GPU with X11
Actually, in Scrypt mining I do 3.2mh/s, in X11 I do 10.5mh/s. I enjoy the cooler running card as I can run the fans at 50% or less, and enjoy the quieter rigs.
Profits are nominal across all the markets, it's more of cutting power consumption costs to maximize profits at the moment.
I'm not making as much as two months ago. Now with the new ASIC Scrypt Miners are out, I mine my 3.2 mh/s on either X11, HVC, Myraid or any profitable non-Scrypt coin. These non-Scrypt/non-Scrypt-N algos are pretty much less heat producing and less power hungry. Also, I cpu mine XPM.
Low power consumption algos! X11 and others are the best. I´m having exactly the half of power usage per GPU with X11
lots of us have the same problem,but ill still mine even with a loss but for future profit.is it smart or dumb only time will tell
Mining for a loss has non sense. Just buy cryptos with that money.
I'm losing money atm, but actually I never sell the coins that I mine so it doesn't make sense to stop mining.
just mine dark you will make 2.5% more profit on your electric lol
BC should just die. You cant mine it anymore, if I wanted to buy a coin I would buy BTC, not Blackcoin. Its pretty much 100% premined at this point except instead of one developer 100 people collectively own all the black coins. Everyone buying is just making those 100 people rich. Stupid people do though.
It wasn't premined at all. There was a pre-announced one week mining period where anybody could mine. Now it is pure PoS with some multipools opening on Friday to mine altcoins and trade them for BC.
BC should just die. You cant mine it anymore, if I wanted to buy a coin I would buy BTC, not Blackcoin. Its pretty much 100% premined at this point except instead of one developer 100 people collectively own all the black coins. Everyone buying is just making those 100 people rich. Stupid people do though.
indeed... bc price seems stable even as btc tanks
One good thing about DRK is that its not on coinwarz so it doesnt get slaughtered by massive hashrate when profitability goes up.
Bad thing about it is that its x11 which is ASIC friendly.
Bad thing about it is that its x11 which is ASIC friendly.
If I'm mining vertcoin and I drop my hashrate to ~33% thereby reducing electricity cost, my daily profit will be same as X11. It seems. What's with the "nscrypt bad x11 good" propaganda?
Hello Everyone, I wanted to solicit your opinion on whether I should shut down my RIG.
So I started Jan 1st, spent $1,500 on my 4x7970 RIG.
I started making 0.30 BTC avg. worth $30 minus $5 daily for electricity my net was $25/day. (mining alt of course)
Well, I never sold any BTC so it was never realized profit, but by March 1st I had made 1.5 BTC.
Then March hit. Gridseeds flooded the (Chinese) market before ever making it to the rest of the world and profits sank for everyone else doing GPU mining. Scrypt-N showed up but coin developers were very slow in making hundreds of clones so those have not become profitable either.
So... profits for me are down to 0.012BTC day, (BTC is in the $440 range) making my profit worth $6 /day minus $5 in electricity and now I'm down to $1/day which is not worth the noise and the space it takes over and certainly more than what I lose on depreciation of the parts. My RIG as is is prbably worth $1,000 or less (it was worth $3,000 in Jan).
So as of tonight it seems like I need to shut down the RIG.
So I'm here asking any one of you who is in the same boat (anyone doing GPU probably is). What are you guys doing? What are you mining? What is your advise for me?
Thanks!
So I started Jan 1st, spent $1,500 on my 4x7970 RIG.
I started making 0.30 BTC avg. worth $30 minus $5 daily for electricity my net was $25/day. (mining alt of course)
Well, I never sold any BTC so it was never realized profit, but by March 1st I had made 1.5 BTC.
Then March hit. Gridseeds flooded the (Chinese) market before ever making it to the rest of the world and profits sank for everyone else doing GPU mining. Scrypt-N showed up but coin developers were very slow in making hundreds of clones so those have not become profitable either.
So... profits for me are down to 0.012BTC day, (BTC is in the $440 range) making my profit worth $6 /day minus $5 in electricity and now I'm down to $1/day which is not worth the noise and the space it takes over and certainly more than what I lose on depreciation of the parts. My RIG as is is prbably worth $1,000 or less (it was worth $3,000 in Jan).
So as of tonight it seems like I need to shut down the RIG.
So I'm here asking any one of you who is in the same boat (anyone doing GPU probably is). What are you guys doing? What are you mining? What is your advise for me?
Thanks!
thats actually pretty good money, whats your hash rate ?
Started off with 4 x 7970 at 2.9Mh/s one burnt out replaced with 6970 now Im at 2.73 MH/s stable. Now I barely make 0.011 BTC/Day so its actually less than when I started this thread this morning, Im at almost zero now when you include how much pools cheat us out of the coins we mine compared to what calculators (coinwarz or the pool itself) show.
scroll scroll scroll.. mega bullshit propaganda
bagholders spouting bs .
i did some checking 3 days ago now and scrypt-n (Vertcoin) was a hair under 3x more profitable to mine than Dark coin was..
and factoring market values and trends i can safely say Darkcoin is on the high side price wise and VTC is on the low side.
people don't know what the hell they are taking about.. facts are facts
many of the guys that commented here ignored when i had posted this info before and showed up here spouting X11 bs
even though they just acknowledged what i said previously.. they play dumb about it lightning fucking fast !
OP i hear ya jeez i am in the same boat my profit mining alts have been slaughtered
and you can take my advice over others because i am honest about it and don't suffer from fanboyism like most douches around here
and i have been doing it all far longer than the majority of these guys and experience counts !
for your situation, do i mine or not ? you gotta look at the current and future market value of the alt's and whether it's likely they are going to explode in value later
and like i just said i think Dark coin is on the high side compared to VTC being lower (scrypt-n vs x11) market price wise
and i think that is the majority is being fed X11 bs lol
i think we're tied to Bitcoin too so look at the bitcoinwisdom values lately and right now it just hit 420 and i went and looked at cryptsy and my investment is even lower..
don't take advice from noobs that know fuck all you'll regret it
This thread was hilariously noobish, blatant and manipulative at once. Took a while for somebody with more sense in their head to step in! You spoiled the fun! But on the other hand, you're protecting the newbies who might consider the preious advice in this thread seriously.bagholders spouting bs .
i did some checking 3 days ago now and scrypt-n (Vertcoin) was a hair under 3x more profitable to mine than Dark coin was..
and factoring market values and trends i can safely say Darkcoin is on the high side price wise and VTC is on the low side.
people don't know what the hell they are taking about.. facts are facts
many of the guys that commented here ignored when i had posted this info before and showed up here spouting X11 bs
even though they just acknowledged what i said previously.. they play dumb about it lightning fucking fast !
OP i hear ya jeez i am in the same boat my profit mining alts have been slaughtered
and you can take my advice over others because i am honest about it and don't suffer from fanboyism like most douches around here
and i have been doing it all far longer than the majority of these guys and experience counts !
for your situation, do i mine or not ? you gotta look at the current and future market value of the alt's and whether it's likely they are going to explode in value later
and like i just said i think Dark coin is on the high side compared to VTC being lower (scrypt-n vs x11) market price wise
and i think that is the majority is being fed X11 bs lol
i think we're tied to Bitcoin too so look at the bitcoinwisdom values lately and right now it just hit 420 and i went and looked at cryptsy and my investment is even lower..
don't take advice from noobs that know fuck all you'll regret it
so X11....where do I begin
Even if we forget about the fact that all the 11 algos and the way they are chained is fairly ASIC adaptable,.. what is even worse about X11 ARE ITS MAIN PROPONENTS, DarkCoin and Hirocoin!
Why? THEY BOTH SUFFERED A HEFTY PREMINE! Just look through the DarkCoin reddit, the DarkCoin community is even aware of that but pretends like its ok to shield their investment. So greedy! If Einsteineium forks to X11 I will probably mine it for a few days to get a few, even though I find it slightly silly.
The logical next big thing is Vertcoin. WHY? The devs and the community are commited to be antiASIC, its been publicly stated by a dev. If they even make a scrypt-n ASIC, it will get screwed by a hard fork.
And also, Vertcoin aims to get in circulation, get merchants and payment platforms involved and is already seeing success in that regard. DarkCoin is nowhere near to that and Hirocoin is nowhere near Dark.
Also, mining to instacash out has been foolish for months. Now mining makes sense if you intend to hold altcoins/BTC for quite a while. If you dont have the resources/balls/cheap elec just stay out and buy BTC/alts directly.
Just my 2 cents of sanity.
Meybe you are noob 2 ..i mine heavy coin and power usage is 50% less then mining scipt or script-n ..not to mention so much less temperatures and noise..but profitable is like on every coin horrible now..MTGox sht and ASIC for scrypt fuck up totaly everything
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