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Topic: My Next Mining Rig (Read 3026 times)

legendary
Activity: 952
Merit: 1000
November 01, 2012, 02:18:20 PM
#24
It's not unknown that Nvidia cards don't even pay for their own electricity. I dont know why this would change just because you're mining with 18 thousand Nvidia GPUs.

What's the difference between mining with 1 and 18 thousand Nvidia GPUs?
In the latter case, you are losing money 18 thousand times faster.

That was my point. It doesn't make sense with 1 Nvidia GPU, and it makes 18 thousand times less sense to mine with this.
legendary
Activity: 1792
Merit: 1047
November 01, 2012, 02:15:34 PM
#23
It's not unknown that Nvidia cards don't even pay for their own electricity. I dont know why this would change just because you're mining with 18 thousand Nvidia GPUs.

What's the difference between mining with 1 and 18 thousand Nvidia GPUs?
In the latter case, you are losing money 18 thousand times faster.

Someone should tell davidspitzer that he does not really want that to be his mining rig =:)

Hay he may be Mining Boinc points Smiley
mrb
legendary
Activity: 1512
Merit: 1028
November 01, 2012, 01:51:55 AM
#22
It's not unknown that Nvidia cards don't even pay for their own electricity. I dont know why this would change just because you're mining with 18 thousand Nvidia GPUs.

What's the difference between mining with 1 and 18 thousand Nvidia GPUs?
In the latter case, you are losing money 18 thousand times faster.

Someone should tell davidspitzer that he does not really want that to be his mining rig =:)
legendary
Activity: 2072
Merit: 1001
November 01, 2012, 12:26:28 AM
#21
What is amusing is that in 15-20 years we will have the same processing power in our homes.
legendary
Activity: 952
Merit: 1000
November 01, 2012, 12:07:26 AM
#20
It's not unknown that Nvidia cards don't even pay for their own electricity. I dont know why this would change just because you're mining with 18 thousand Nvidia GPUs.

Side note: I HIGHLY doubt they're paying 10c/KWh. I would be surprised if they're paying more than half that.
legendary
Activity: 2506
Merit: 1010
October 31, 2012, 06:32:20 PM
#19
It consumes ~9 megawatts to achieve its performance record. That's a bit of a bill to pay.

That must be including for cooling.

That's more than $20,000 per day (using average U.S. commercial rates near $0.10 per kWh).

To earn $7.200 worth of bitcoins.

That answers that question.
legendary
Activity: 3318
Merit: 4606
diamond-handed zealot
October 31, 2012, 06:31:59 PM
#18
we still outhash it
hero member
Activity: 697
Merit: 500
October 31, 2012, 06:25:25 PM
#17
It consumes ~9 megawatts to achieve its performance record. That's a bit of a bill to pay.
hero member
Activity: 630
Merit: 500
October 31, 2012, 12:53:15 PM
#16
I think someone was making a joke and you took it too seriously

Ya I goofed.  I had several tabs open and was compiling a response to another thread (roughly same topic, asking about "supercomputer" for mining) and posted that response here in this thread.  I hadn't even yet read the link from this post as a result.

That would make a hell of a mining rig.  It will hash nearly 10% of all Bitcoin mining capacity at this point ... so about $7,500 USD worth of bitcoins generated each day!

I dont think I would love to pay the power bill though Smiley
legendary
Activity: 1002
Merit: 1000
Bitcoin
October 30, 2012, 08:20:50 PM
#15
Don't you all realize this is the government attempt to control bitcoin, they are taking over  Grin

Love that graphic on the front, must have cost a bunch just for that.

They need 15 of them just to be able to obtain 51% of the Bitcoin network actual power Wink 

I'm I wrong if I say that the BTC Total cumputing power is by far bigger than the top 10 world's fastest supercomputer add togheter ?


legendary
Activity: 2506
Merit: 1010
October 30, 2012, 04:33:08 PM
#14
I think someone was making a joke and you took it too seriously

Ya I goofed.  I had several tabs open and was compiling a response to another thread (roughly same topic, asking about "supercomputer" for mining) and posted that response here in this thread.  I hadn't even yet read the link from this post as a result.

That would make a hell of a mining rig.  It will hash nearly 10% of all Bitcoin mining capacity at this point ... so about $7,500 USD worth of bitcoins generated each day!
hero member
Activity: 630
Merit: 500
October 30, 2012, 03:47:55 PM
#13
I think someone just made a blind, massive assumption. Hmmmm?
I think so LOL

I think someone was making a joke and you took it too seriously
sr. member
Activity: 386
Merit: 250
October 30, 2012, 09:20:32 AM
#12
Don't you all realize this is the government attempt to control bitcoin, they are taking over  Grin

Love that graphic on the front, must have cost a bunch just for that.
sr. member
Activity: 330
Merit: 250
October 30, 2012, 12:43:23 AM
#11
I'd rather have a million RPis, you know cuz the money goes to the kids...
legendary
Activity: 1764
Merit: 1006
October 29, 2012, 11:28:43 PM
#10
dat shit cray.

legendary
Activity: 952
Merit: 1000
October 29, 2012, 08:09:42 PM
#9
I think someone just made a blind, massive assumption. Hmmmm?
I think so LOL
legendary
Activity: 944
Merit: 1026
October 29, 2012, 05:51:38 PM
#8
holy crap cray is still around?

Not really   Cheesy

Quote
Cray Inc. is an American supercomputer manufacturer based in Seattle, Washington. The company's predecessor, Cray Research, Inc. (CRI), was founded in 1972 by computer designer Seymour Cray. Seymour Cray went on to form the spin-off Cray Computer Corporation (CCC), in 1989, which went bankrupt in 1995, while Cray Research was bought by SGI the next year. Cray Inc. was formed in 2000 when Tera Computer Company purchased the Cray Research Inc. business from SGI and adopted the name of its acquisition.

http://en.wikipedia.org/wiki/Cray
hero member
Activity: 633
Merit: 500
October 29, 2012, 05:19:46 PM
#7
Maybe you can buy all their old GPU's on the cheap?   Grin
sr. member
Activity: 456
Merit: 250
October 29, 2012, 05:13:45 PM
#6
holy crap cray is still around I thought they burned up and sunk in the depths of bankruptcy and closed its doors completely.
legendary
Activity: 1795
Merit: 1208
This is not OK.
October 29, 2012, 04:42:22 PM
#5
GPU's can still work...

Survey says no.

...

I think someone just made a blind, massive assumption. Hmmmm?
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