Topic: Number 9! Ninth altcoin thread. Back to the moon Baby! - page 112. (Read 66416 times)

I have about 2.5 ghs... so much that i've popped the main breaker   

Its crazy times..... yummy!

Thanks to all you guys who "forced" me to get my GPUs dusted and earning again.

1ghs = 100$ worth of ETH per day!

even Nicechash cant keep up... at 1ghs = 88$ per day.

anyone knows about the new RTX-3070/3080, its suppose to be the incoming King of GPUs

Old alts pump have small chances of happening,defi farming is where money is going now.Charle lee started shilling it again about implementing mimblewimble with ltc but market isn't getting any traction

1.3ghs is good, especially with high efficiency gear.  It will be paid off quite soon i think. 

I need 33 days like today and all my new gear is paid off.

I have six months to pay for the gear.

I see this as 2016 when eth got hot and leveled off.

not as 2017 when eth went to the moon.

I think we stay hot until usa election is done.
then we could crash a bit.

Today is basically the most profitable mining day since February 2018, pretty much when ETH was >$1000. With RX 470, which is not considered efficient at all in todays terms is pulling in $3/day/GPU.

Keep in mind, whats different now is that the reason why mining is so profitable is due to all this DeFI greed. People basically paying $50 to get a Defi transaction going. I think the block reward average is like 7-8 ETH just because of ETH. The average Gwei for today was like 500 or so. Which is $5 for a simple transaction even.

So if the rug gets pulled the profits will quickly vanish which is more likely to happen rather than ETH crashing in price. So this time I am not planning on expanding my farm. Don't want to get stuck with GPUs that even gamers don't want to buy.

Yeah i think I purchased enough cards for now.

32 on line 5 coming by thursday. brings me to 37 cards. about 1.3 gh of hash.

I think my partner has 2x 1080ti to add so close to  39 cards and 1.4gh.

I sold all my 4G cards this week.  Might regret it but I doubt it.  Made a new rig, 1 5700XT, 1 5600XT, 2 570s 8G = 565 watts wall reading / 147mhs.  Will we see 5-10$/GPU again ? Looks like it...At 10cents usd power even a R9 380 makes 1.20$ profit a day.  Is that sustainable ?  Hint:  no.  But lets keep it rolling til November at least, then bitcoin pump pls

I'm thinking about the vrams....is 24gb a good investment vs 10gb? ...will there be a new coin or miner tweaks that will benefit 24gb, that is the question hehe

at least my main PC will be 3090, maxed out games gobbles up 11gb vram of 1080ti, 10gb vram sucks specially now that these new tech are "true 4k gaming", 3080 is a teaser, will disappoint a lot of gamers...why? o why? 10gb hu hu hu..

3070 is out of the question for me gddr6 vs gddr6x, 6x is the obvious winner. BTW info out there says 3070 is better than 2080ti  

as history suggests bull market always breaks the previous highs, that above $1000 ETH...what will be the new high? 3k? 5k? or 10k? ..buy cards or save coins or both? hmmm.

these 100mhs or above hashrates will eat a huge chunk off ETH asic/fpga profits.

BTW if big navi dissapoints, you lost another month of profitable mining...that's the gamble LOL

I have 3 more 5500xt and 2 5600xt  will build a 5 card rig for about 1000 it will do about 160mh.

I will be at 37 cards.

MSI has the september  rebates up now.

https://msi.rebateaccess.com/promotion.php?p=91539
https://msi.rebateaccess.com/promotion.php?p=91540
https://msi.rebateaccess.com/promotion.php?p=91541

Radeon 5000 series currently have a large lead on NVidia 2000 series when it comes to ETH mining effeciency/profitability.  Assuming you will be able to get a hold of 6 3080's in the next 3 weeks at $700 each, they would have to do close to 100Mhz on ETH to be equivalent to the 5700XT's.  I seriously doubt they will even approach that number.

Now granted, i totally get that Nvidia GPUs are better at mining other algos, but let's be honest... right now, all the money is in ETH mining. Maybe that ends next week (i sure hope not) but you can only go with what you have.  Plus, losing 3 weeks of mining at these rates would be insanely crazy, especially since I already have it 90% bought.

Personally, I am much more eager to see what the Radeon Big Navi cards are going to be capable of. That's why I will likely be holding off on building my next rig until after they are released.

If you find a good one and under volt it a bit 750 watts and 500 mh can be done.

I should probably pick up an L3, plug it in and just leave it in the corner....

I have been entertaining the idea for some time now...

I was able to do that with many S3's, and even sold the s3's years later at a profit from the initial purchase price (in and out at the right times)

Might want to save your money for September 17th when the 3080 releases. $700 10 GB GDDR6X and 2x faster than the 2080.  The 3070 is faster than 2080ti but uses 8 GB GDDR6 and comes out in October and its $499

https://www.nvidia.com/en-us/geforce/news/introducing-rtx-30-series-graphics-cards/

Yes, this ETH situation is definitely interesting, and very profitable for miners, so hopefully it will continue as long as possible!

I'm about to build a 6x 5700 rig... getting GPUs 4 & 5 tomorrow and trying to find a decent deal on #6 now but looks like retailers are getting wise to the demand uptick as the cheapest 5700-XT appears to be the MSI Evoke at $380 but no rebate (I already got 1 of those coming tomorrow for $360 with the August rebate).

Anyway, after that, the last thing i need to build is the open air test bench.  I used DIYPC Alpha-DB6 & Alpha-GT3 on my existing 6 rigs but looks like the ended production of them. I contacted their support and they said they had some GT3s in a warehouse they would sell me but that was 5 days ago and now they are very slow to respond to e-mails about setting up shipping, so not sure thats gonna happen. I have a backup bench arriving tomorrow but it's very bare bones compared to those DIYPC ones that i like.

Any chance anyone here has either their GT3 or DB6 they would be willing to sell me?

I've also been tempted to test the DeFi waters... bought a small amount of LINK at the last dip at around $14, but that's been the extent of it so far.  I saw that Sushi price explosion yesterday lol... so congrats on that!  I've been looking at both ThorChain & Aave too... or maybe i will buy 2% of a yearn.finance token lol ;-)

It's gonna be hot here next few days but no way i am turning off any rigs in this environment! Might be a sweat box for a few days but worth it IMO.

I am mining with 7 of them  

Can't justify more then that.  Comes to 3gh I could mine as much as 10.5gh As I have the l3's on standby.

I have a lot of doge hodl.

https://dogechain.info/address/DKYP3RRoaempZAjLbDmRUDzQ8AP8NtDGnQ


I would love to see it move to 1 penny.


I tracked all the spare mobos I have

I have 2x 8 slot 4 rise mobos.  could pack in 24 cards there.  I have all parts needed other than the cards.

I have 3 slot 3 riser board could pack six cards there.

I have a really old mobo that should run but it does not run on simple mining it is a h77 has cooler cpu ram

I have the five xmr rigs all mining xmr with no gpus so they can do 5 more cards easy peasy.

So I could use 5+6+24 = 35 cards if I pack them in.


I have 3 of these on order I paid 188 each shipped to the house after discounts

https://www.visiontek.com/radeon-rx-5500xt-8gb-gddr6-graphics-card-1.html

I have 1 of these on order. I paid 188  after discounts and gift cards.
https://www.bestbuy.com/site/xfx-amd-radeon-rx-5600-xt-raw-ii-pro-6gb-gddr6-pci-express-4-0-graphics-card/6398005.p?skuId=6398005

I have 1 of these on order cost was 260 after bucks earned

https://www.ebay.com/ipp/383622754559?

So about 1000 usd with six months to pay 5 cards in all around 168 mhs

those 5 will bring me to 39 running cards.

Anyone thinking to revisit LTC mining?

Just a hunch but with BTC and ETH climbing higher..... 

LTC could make a sudden jump since Top 10 coins will usually follow the gravy train (well almost all Top 10 coins)

Phil.... do you still have your L3s?

Sold my L3s a long time ago when I sold off my ASICs at Labrador.

Yes GAS fees have never been this high before. I think just to send a simple transaction where you send directly to another user (no contract) is around $3.50. But if you actually want to do a contract transaction using gas fees of 375 Gwei be prepared to pay more in gas fees than to actually fill up a car pretty much.

I think many people that are getting involved in this probably have no idea how any of this works. They might not even know how much is actually being sent to perform a Defi transaction. But I guess paying $100 in fees is already when you made $10000 in less than 24 hours.

Either way, this smells like the ICO of 2017. It could end badly or actually it will end badly however the question is .... when

it is like 2013 in the "defi region" inside ETH eco-space, there will be big winners in there mid-longterm or the next big thing in defi is still about to come. sadly no POW in there


we all are computer/electricity tinkers here, but the reality is people like us are 1 is to 1000 (probably more)..majority just knows how to use computers and they are better off in POS or digital farming, and they compose the larger chunk of the crypto economy.