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Topic: Mining is dead - page 4. (Read 11806 times)

sr. member
Activity: 479
Merit: 250
April 05, 2014, 04:18:25 PM
#17
xpm gpu miner's is by far the the best at low elec heat and the most profitable
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
April 05, 2014, 02:34:20 PM
#16
Quote
You could mine x11, and use the above cooling solutions.... Or use air ducts to transfer heat elsewhere (ie, outside)

Mine x11 they consume less power and less heat from cpu or gpu depends of what mining solution your on.
member
Activity: 84
Merit: 10
PM for journalist,typing,and data entry services.
April 05, 2014, 12:56:03 PM
#15
I stopped mining due to summer heat. Looking for best cloud mining now.
Stopped because of heat? There is this new invention called a fan... and if you're cutting edge you can for the new-fangled "air conditioning."

You could mine x11, and use the above cooling solutions.... Or use air ducts to transfer heat elsewhere (ie, outside)
member
Activity: 112
Merit: 10
April 05, 2014, 12:54:56 PM
#14
I stopped mining due to summer heat. Looking for best cloud mining now.
Stopped because of heat? There is this new invention called a fan... and if you're cutting edge you can go for the new-fangled "air conditioning."
member
Activity: 70
Merit: 10
April 05, 2014, 03:32:32 AM
#13
I stopped mining due to summer heat. Looking for best cloud mining now.
newbie
Activity: 7
Merit: 0
April 05, 2014, 02:47:08 AM
#12
Personally I like the concept behind blackcoin. Check http://www.cryptoarticles.com/crypto-news/2014/3/14/blackcoin-multipool-launching-today
You can mine all kind of altcoins using their multipool and get paid in Blackcoins. This gives a positive upward pressure on the blackcoin price and thus making you more money mining. Price of BC is going up every day so it looks like this is working.
sr. member
Activity: 420
Merit: 263
let's make a deal.
April 05, 2014, 01:46:26 AM
#11
lots of cheap rigs and video cards for sale on used market.  if people planned their breakevens properly and didn't overpay, they should be still profitable just less profitable than november.

hero member
Activity: 770
Merit: 500
April 05, 2014, 01:45:04 AM
#10
Mine darkcoin it will reduce the electricity bill and you can have some profit
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
April 05, 2014, 01:27:31 AM
#9
Quote
Mine x11? It uses less electricity, and outputs less heat. Personally I think this algo has a bright future for the mid-term at least. I think HIRO and Darkcoin are going to be big. You can also lease rigs, which are VERY profitable.

Yes i agree, this is now profitable mining for less electricity. Started to mine dark today we will see now it goes.
hero member
Activity: 518
Merit: 500
April 04, 2014, 02:29:57 PM
#8
Maybe May, the market might turn around and up trend. By then, everyone in the US will have extra cash from tax returns...LOL
sr. member
Activity: 395
Merit: 250
April 04, 2014, 02:16:16 PM
#7
There we go as lorde sings...round and round and round we go Cheesy Huh
member
Activity: 84
Merit: 10
PM for journalist,typing,and data entry services.
April 04, 2014, 02:09:10 PM
#6
Still some new coins are profitable. But yes profit margin is reduced drastically.

Right now. If you hold and when BTC returns to $600 ish, I'd imagine Altcoin mining profitability would also go up.
member
Activity: 70
Merit: 10
April 04, 2014, 02:07:59 PM
#5
Still some new coins are profitable. But yes profit margin is reduced drastically.
member
Activity: 112
Merit: 10
April 04, 2014, 12:59:30 PM
#4
If you think all crypto currencies are dead, dead, deadski, then pack it all up and ship it to me. I'll pay the shipping.    Wink

Otherwise, think about adapting, and consider this to be "speculation," like the old fashioned gold rush guys did. It may not bring you "income," but it can bring you profit in the future. BTC was $1000+ 6 months ago. It could come back and go even higher. What do you think? Speculate.

If it's possible that it could go back up, and you want to speculate, keep going and take the risk. With risk comes reward. You have keccak, script-n, script jane, etc. There are lots of viable coins out there for your GPUs.

Maybe look for a place to set up where you don't pay electricity. Can you find a corner at your work where nobody would mind a rig?

Or, like I said, give up and let the more committed folks have all the fun.
hero member
Activity: 518
Merit: 500
April 04, 2014, 12:57:37 PM
#3
You have to mine algos that consume less electricity, ie. X11(Darkcoin,Hirocoin, etc.), Quark, HVY, Myriad, etc.... Mining isn't completely dead. Plus there's a XPM gpu miner now.

You'll get people that argue that X11 isn't running at max because of the low energy cost, who cares, it's lower usage period.

HD 7950 goes for as low as $180 on Craigslist up to $250 max, $200~$225 on average.
member
Activity: 84
Merit: 10
PM for journalist,typing,and data entry services.
April 04, 2014, 12:43:01 PM
#2
There is nothing left to mine, it all is basically unprofitable now. I can't even sell my mining equipment on Ebay, trying to sell 1.9 m/h system using 3 Twin Frozr 7950 gpu's for 1100.00 and no takers on Craigslist. I won't part it out on Fleabay because losers will buy the gpu's and use them for 45 days then say they are not as described. So I guess I will just throw the shit in the garbage.  I have a number of miners and no way to sell it.  The noise and wear and tear on the miners is not worth the measly few dollars it makes a day after electricity costs. Litecoin falls everyday, bitcoin is flushing down the shitter, and all the rest of the shit coins are done for also.

Mine x11? It uses less electricity, and outputs less heat. Personally I think this algo has a bright future for the mid-term at least. I think HIRO and Darkcoin are going to be big. You can also lease rigs, which are VERY profitable.
member
Activity: 98
Merit: 10
April 04, 2014, 12:42:19 PM
#1
There is nothing left to mine, it all is basically unprofitable now. I can't even sell my mining equipment on Ebay, trying to sell 1.9 m/h system using 3 Twin Frozr 7950 gpu's for 1100.00 and no takers on Craigslist. I won't part it out on Fleabay because losers will buy the gpu's and use them for 45 days then say they are not as described. So I guess I will just throw the shit in the garbage.  I have a number of miners and no way to sell it.  The noise and wear and tear on the miners is not worth the measly few dollars it makes a day after electricity costs. Litecoin falls everyday, bitcoin is flushing down the shitter, and all the rest of the shit coins are done for also.
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