Mining! Geek hobby or real deal? | Bitcointalksearch.org

vinasky

newbie

Activity: 103

Merit: 0

Quote from: madnessteat on May 17, 2018, 03:41:07 PM

I have 2 GTX 1070 and 1 GTX 1070ti. Profit of about $ 162 excluding electricity. You get used to the noise quickly. It is better to buy high-quality power supplies with a good guarantee. I use Corsair.

Guess i have a sensitive ears)
Not really a fan of Nvidia cards due to their power consumption.
AMD chips are much more overclockable)

madnessteat

legendary

Activity: 2310

Merit: 2073

I have 2 GTX 1070 and 1 GTX 1070ti. Profit of about $ 162 excluding electricity. You get used to the noise quickly. It is better to buy high-quality power supplies with a good guarantee. I use Corsair.

Iannn

jr. member

Activity: 52

Merit: 1

Yeah "farm" is a bit off. Maybe window planter box garden? But yeah two dead psu's....that sucks. Get quality psu's. EVGA Gold GQ's are reasonably priced and come with a 3 year warranty? I have had good luck with those.

vinasky

newbie

Activity: 103

Merit: 0

Ok, lets call it rig then)

WhyMe

sr. member

Activity: 661

Merit: 250

Quote from: vinasky on May 16, 2018, 04:37:15 AM

So, when I got into cryptos from forex and cfd's I had some spare money to waste!
So as a computer hardware and newborn crypto enthusiast I decided to build my own farm!

And now for some Pros and Cons!

Setup: RX480 x3, i3-3220.
Miner: MultiMiner

Pros:
1)Some passive income
2)Just cool thing to have.

Cons:
1) Noise ( it is frustrating you cannot do anything with it, even if you close the door, it is almost vibrating through the air)
2) Dust ( it sweevels dust around like crazy, imagine cleaning your appartment every 2 days)
3) Hardware falure ( probably the most frustrating part about mining) i had 2 PSU's that just gave up on me, this doubles the waste of your money, first of all you need to buy a new one and waste your time searching for it.

In conclusion, it was a good run but I am no longer mining, 20$ a month with all electrical bills and cons of this system is just not enough for me to continue this journey Grin

What do you think about mining? Is it still alive for enthusiasts with no thousands of dollars in their pockets?

3 gpus, it's not a farm Cheesy

grendel25

legendary

Activity: 2296

Merit: 1031

Well, let's consider some history. Geeks mined bitcoin with video cards since 2009. Some of those guys mined enough to be worth $200 Million dollars today. Bitcoin was the genesis of cryptocurrency and now there are thousands of GPU/ASIC/FPGA minable coins.

So to answer the topic: Yes, geek hobby and yes, real deal. It is all of that and more... hobby, real deal, profession, etc...

2stout

hero member

Activity: 2464

Merit: 603

It's the real deal as profits can be generated and too the best of both worlds if one is also a geek.

molivil

member

Activity: 72

Merit: 11

Quote from: vinasky on May 16, 2018, 05:51:01 AM

Quote from: nixon99 on May 16, 2018, 05:49:33 AM

Quote from: huntingthesnark on May 16, 2018, 05:35:34 AM

You had two PSUs die? Bad luck - or cheap?

probably, cheap luck)

wouldnt say that they were cheap,first was AeroCool Kcas 700W, second was (Corsair RM750x), Now i am rocking be quiet Straight Power 11...
I would say that i had a bad luck Grin

If I remember BitsBeTrippin videos correctly, they said Corsairs have recently (around mid-2017 onward) got worse on quality (cheaping out on Chinese caps, etc). I liked Corsairs myself, but now I buy exclusively Thermaltakes.

molivil

member

Activity: 72

Merit: 11

It's a rewarding hobby for me. I like tinkering with computers, and I've already almost made about 200% I've invested starting since May 2017. I'll continue mining as long as it's even marginally profitable. I agree the most frustrating thing is trying to figure out hardware issues, but I'm like House MD. Just have to figure out the puzzle. Grin

vinasky

newbie

Activity: 103

Merit: 0

Quote from: AlecMe on May 16, 2018, 08:52:31 AM

why do you still care what other think?
if you closed it wtf are you still doing here?
close the thread ,delete the account and move on.

you gave up, you should not give a f... about whats behind.

what are you sharing my friend?

my 2 cents on it

I'd say 1 cent Wink

AlecMe

full member

Activity: 392

Merit: 159

why do you still care what other think?
if you closed it wtf are you still doing here?
close the thread ,delete the account and move on.

you gave up, you should not give a f... about whats behind.

what are you sharing my friend?

my 2 cents on it

vinasky

newbie

Activity: 103

Merit: 0

Quote from: Wotan Wipeout on May 16, 2018, 06:12:56 AM

Buy real mining PSUs.
All under 1200 Watt is time wasting.

https://geizhals.de/kolink-continuum-1200w-atx-2-4-kl-c1200pl-a1506643.html?v=k&hloc=de

My road ends here, not mining anymore, i had enough! Grin

Wotan Wipeout

member

Activity: 438

Merit: 27

Buy real mining PSUs.
All under 1200 Watt is time wasting.

https://geizhals.de/kolink-continuum-1200w-atx-2-4-kl-c1200pl-a1506643.html?v=k&hloc=de

manji

full member

Activity: 210

Merit: 174

BookiePro.Fun - The World's Betting Exchange

Quote from: huntingthesnark on May 16, 2018, 05:35:34 AM

You had two PSUs die? Bad luck - or cheap?

What do you mean?

Whether it's related to what the @OP wants from other members to think about current mining.

Quote from: vinasky on May 16, 2018, 04:37:15 AM

What do you think about mining? Is it still alive for enthusiasts with no thousands of dollars in their pockets?

vinasky

newbie

Activity: 103

Merit: 0

Quote from: nixon99 on May 16, 2018, 05:49:33 AM

Quote from: huntingthesnark on May 16, 2018, 05:35:34 AM

You had two PSUs die? Bad luck - or cheap?

probably, cheap luck)

wouldnt say that they were cheap,first was AeroCool Kcas 700W, second was (Corsair RM750x), Now i am rocking be quiet Straight Power 11...
I would say that i had a bad luck Grin

nixon99

sr. member

Activity: 637

Merit: 250

Quote from: huntingthesnark on May 16, 2018, 05:35:34 AM

You had two PSUs die? Bad luck - or cheap?

probably, cheap luck)

huntingthesnark

member

Activity: 357

Merit: 26

You had two PSUs die? Bad luck - or cheap?

vinasky

newbie

Activity: 103

Merit: 0

Quote from: manji on May 16, 2018, 05:22:38 AM

I don't know for everyone whether it's worth it or not, in fact i have never stopped my mining rigs since the GPU miners were hit by a disaster.

One of which my rig:
- 6x R9 290
- 8x RX 580 8GB

Btw,
Still profit (after an electricity bill) even though "lower" profit compared with 1 year ago.

Thanks for your feedback!

manji

full member

Activity: 210

Merit: 174

BookiePro.Fun - The World's Betting Exchange

I don't know for everyone whether it's worth it or not, in fact i have never stopped my mining rigs since the GPU miners were hit by a disaster.

One of which my rig:
- 6x R9 290
- 8x RX 580 8GB

Btw,
Still profit (after an electricity bill) even though "lower" profit compared with 1 year ago.

vinasky

newbie

Activity: 103

Merit: 0

So, when I got into cryptos from forex and cfd's I had some spare money to waste!
So as a computer hardware and newborn crypto enthusiast I decided to build my own farm!

And now for some Pros and Cons!

Setup: RX480 x3, i3-3220.
Miner: MultiMiner

Pros:
1)Some passive income
2)Just cool thing to have.

Cons:
1) Noise ( it is frustrating you cannot do anything with it, even if you close the door, it is almost vibrating through the air)
2) Dust ( it sweevels dust around like crazy, imagine cleaning your appartment every 2 days)
3) Hardware falure ( probably the most frustrating part about mining) i had 2 PSU's that just gave up on me, this doubles the waste of your money, first of all you need to buy a new one and waste your time searching for it.

In conclusion, it was a good run but I am no longer mining, 20$ a month with all electrical bills and cons of this system is just not enough for me to continue this journey Grin

What do you think about mining? Is it still alive for enthusiasts with no thousands of dollars in their pockets?

Topic: Mining! Geek hobby or real deal? (Read 401 times)