Topic: Number 9! Ninth altcoin thread. Back to the moon Baby! - page 50. (Read 66403 times)

I think the gpu list is :

13x 5500xt........................mining
16x 5600xt........................mining
15x 5700xt........................mining      all amd have paid off

1x 6800xt back order ..........1100

1x 3090..............mining  this has earned 240 after power cost was 2070
1x 3090..............shipped 1960 cost zero back
3x 3080..............mining. these have mined 90 days 88 days 82 days earned 2717 power about 200 profit 2517 I PAID 2500 FOR THE 3 SO THEY ARE FREE AND CLEAR
2x 3070..............mining  1700  17 and 10 days earned 162 power 12 so 150 back
1x 3060ti............mining this has earned 528 power cost 53 net 475 I paid 512 for it it will be free and clear in  6 or 7 days
2x 3060ti............shipped 1850 cost zero back
2x omen pc with 3070 ............waiting for shipping. cost 2600 zero back

57 gpus at the Moment.

many paid off.

and if netted across the board all paid off. Since the amd were fully  roi much sooner. and are all plus.

about
351mh in 5500xt
624mh in 5600xt
720mh in 5700xt

1695mh on hand amd
    60mh amd coming
1755mh

565mh on hand nvidia
350mh nvidia on the way
 915mh

2670mh by tues the 2nd

pre power earnings below

$320 at 12 cents an mh
$293 at 11 cents an mh
$267 at 10 cents an mh
$240 at  9 cents an mh
$213 at  8 cents an mh
$186 at  7 cents an mh
$160 at  6 cents an mh
$133 at  5 cents an mh
$106 at  4 cents an mh
$  80 at  3 cents an mh
$  53 at  2 cents an mh


My power deals are complex

but at 18 cents a kwatt 2670mh would cost me 30 a day in power. my worst case number is 18 cents summer mining  100% in my garage

30 x 160 = 4800 earned
30 x 30 =    900 power cost

right now my garage is 12 cents winter bill or 20 a day

so 320 - 20 = 300 a day if it was all in my garage (it is not)

even if eth drops from 12 to 6 cents  an mh my garage turns a profit
even if eth drops from 12 to 3 cents  an mh my garage turns a profit.

The argument for a crash is simple I am doing too good for the money invested.
The argument against is many months they earnings were way lower.

Crazy. Too bad I have .17 power.

7th at 900 watt?

Is 2.60 usd a day

22 kwatts  at 11 cents is. 2.42 usd

Close enough

Can someone double check my math...

My Avalon 741's are now a breakeven at .11 electricity?

I posted a 5700xt at newegg a few days ago (not the shuffle) - I think 2 people posted they were able to get some.  I'll post more if I see anything.

Or my switch to gold battery from mining gold on the asteroids com.es true

Seeing a lot of ads in my local Craigslist people selling GPUs for at least 50-100% mark up. Seeing people selling old Antminters S7 for a rip off price.

Even people selling entire mining rigs. Basically with false information pretty much. One guy had a rig advertised for like $5000 and says that it earns $50/day and that after 100 days it will be paid off and in another 100 days you will make $5000 profit and in 200 days $10000 profit.

Completely avoiding the possibility of price of ETH falling, miner rewards being reduced or difficulty skyrocketing in the next few months.

This is how most people get suckered in. They look at the hash rate and power consumption. Go to some mining revenue calculator and see that the values are legit.

They think why keep $5000 in the bank earning 1% interest when they can double their money in 200 days.

You know if

we are going to switch to all electric world wide in next 5-20 years.  With asteroid mined gold.  BTC and other crypto coins have a 10x to 20x upside.

10 x 57k =  570k
20 x 57k = 1140k

It's a beautiful time we're mining in Phil.  Best of luck with all that equipment.  I haven't been able to find anything new at a decent price in a while but of course I'm mostly relying on the Newegg Shuffle these days as I can't keep up with the bots.

So I sourced

1 Evga 3090 3987-kr at  $1960 I could sell this for 2500 easy
2 Evga 3060ti 3667-kr at $1851  I overpaid for these but with the cheap power it is okay


these will add to 230mh in my house for now they will clear 27 a day I can run them at home until the farm in Clifton gets the new room ready.

I have 2 omen rigs coming with 3070's in them. cost 2600 they will do 120mh

I have a amd 6800x on order.


so a grand total of 410 mh coming soon.

I am pretty much done with gear for now. No room in the house and waiting for power to get done in Clifton in the second room.

This room will be all gpu mining. About 60 cards and 2.4gh

link to some small builds

https://www.youtube.com/watch?v=jiWpnn5vjrc

that rig with 3070+3070+3090

Is clearing about 27 usd a day
It cost about  980+888+2079 all Newegg Shuffle deals for the cards 3947 and 253 for psu and mobo = 4200.00/27 = 155 days to free and clear.

It's still up, only let me order 1, thanks for the tip!

Looked at my Newegg  order page, last purchase  was 2/16/18, an MSI GeForce GTX 1080 Ti DirectX 12 GTX 1080 Ti AERO 11G OC 11GB 352-Bit GDDR5X PCI Express 3.0 x16 HDCP Ready SLI for $806.  Yikes.

Grabbed 2!  I have the non xt version of this card and I think I paid around $315 or $329 last summer.  eBay has a used one for $660 with just under 2 days left.  Probably will go for $800 or so.  Just crazy

Newegg has some 5700XT limit of 2


https://www.newegg.com/asrock-radeon-rx-5700-xt-rx-5700-xt-challenger-d-8g-oc/p/N82E16814930020?Item=N82E16814930020&Description=desktop%20video%20card&cm_re=desktop_video%20card-_-14-930-020-_-Product&quicklink=true

Spent time looking at hashrate, and then missed it.  

Got to learn Crypto is backward:  

Buy it, THEN research it.  If no good, then return it!

Nice!  Hopefully they ship quickly.  it's been up now for a while.

I grabbed one

Not sure how long it will last or when it will ship as it's a back order but you can get multiple 6800 or 6800xt's as I type this

https://www.adorama.com/msir6800gx16.html   6800

https://www.adorama.com/msir6800xg16.html   6800xt

Yes you have been able to hedge your mining profits ever since margin trading was available in crypto, so if I recall Bitfinex was the first exchange to offer margin trading. So if you are making good money when ETH is $1900. Go and sell it on margin, or use a future exchange and sell it on their perp contracts or dated futures. Currently for June futures you will get a 10% premium so instead of $1900 you would get $2100 per ETH.

So if price falls... you make more mining than if you didnt hedge.
If price stays the same you make slightly more because you got the  10% premium
If price goes to like $3000 ETH and difficulty skyrockets you are losing money this way.

No way to hedge against hashrate and difficiulty jumps.

The asics concern me.  Between LinZhi and Innosilicon I find it hard to believe that Bitmain doesn't have something in the works or already made.  I mean they had the E3 so there's no reason to believe that they don't have an updated version of that already or at least in the works.  But if the chip makers are all strapped that they can't keep up demand for video cards, PS5s, Xboxes, maybe the asic makers should be in the same boat trying to get manufacturing to make their miners.