Number 9! Ninth altcoin thread. Back to the moon Baby! - page 77.

philipma1957

legendary

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'The right to privacy matters'

Quote from: Toughit on January 01, 2021, 10:58:29 AM

Phoenix miner with a 470 8gb, showing 61w of power draw at 25 mh.
Working on reducing power as my electric price goes up 12% today (from 15.5 cents to 17.36).

Running the card at 1100/2000 HWinfo shows 936,000 GPU memory errors in about 12 hours.

Had 2 stales during that time, PM shows poolside has rate of 23.7 (vs 25 miner hashrate).

Dropped it to 1080/1950. Have zero GPU errors in 2 hours (too soon to judge), hash rate is 24.5,Phoenix says poolside now has 25.82 with the same power draw.

So, just how important is it to eliminate GPU memory errors? I have not checked any of the cards/rigs in years.

well the rate that matters is the pool not phoenix or smos.

Ie my 3 card 3080 at viabtc rates at

280.73 mh on smos as phoenix states 6841 shares 4 bad

on viabtc I rate 278.22m last day. this is what the real number is or what they pay on. 278.22 x 4.8 cents = 13.35 a day

if I crank up my ram I will do 5% bad shares

and earn very close to the same each day. maybe $14 a day. use more power and stress the ram more.

to me <1% share errors is good.

5%> share errors is bad.

and pool number is the real payment number.

I would not run my 470 card with the high errors you mention

the low setting is most likely better for you.

Toughit

full member

Activity: 378

Merit: 197

Phoenix miner with a 470 8gb, showing 61w of power draw at 25 mh.
Working on reducing power as my electric price goes up 12% today (from 15.5 cents to 17.36).

Running the card at 1100/2000 HWinfo shows 936,000 GPU memory errors in about 12 hours.

Had 2 stales during that time, PM shows poolside has rate of 23.7 (vs 25 miner hashrate).

Dropped it to 1080/1950. Have zero GPU errors in 2 hours (too soon to judge), hash rate is 24.5,Phoenix says poolside now has 25.82 with the same power draw.

So, just how important is it to eliminate GPU memory errors? I have not checked any of the cards/rigs in years.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: adaseb on December 31, 2020, 05:51:34 PM

Quote from: Sebahl on December 31, 2020, 06:08:22 AM

I am selling off all my old cards (Polaris and 1070s) right now. Prices are insane. I am basically getting more than I paid for my old Polaris cards. Although I could keep mining, resale on these old cards will drop next to nothing once the new gen is widely available, so now is the time to sell. Am planning to grab 3060tis when I can. They seem to be price to performance winners. But wouldn’t say no to 3080s either.

I have been selling my RX 470 4GB since the 2018 crash pretty much. What I noticed is that they are selling like hot cakes pretty much . A year ago I would sell maybe 1 or 2 every month. Tons of low ballers and people basically saying “I know you mined with this GPU will give you $20 for it”.

Now when I make a Craigslist ad some days I sold 2 of them the same day. Reason why is mostly due to covid. In my area they banned gatherings and everybody is stuck at home. Nothing to do except play video games or watch Netflix. It’s not only GPUs, some CPUs are sold out also. Go to Newegg and see how much stuff is out of stock.

Yeah. I did get around 5 psu's and 3 gpu's in the last 10 days of this year.

All at okay prices but tons of stuff is just sold out.

I grabbed

2 seasonic focus 850w ------------good price
1 seasonic focus 1000w -----------good price
1 corsair rm850x black ---------- good price
1 Super Flower Leadex 1300 watt psu -- good price
1 amd 5700xt xfx -- meh tiny bit over paid
1 amd 5700xt powercolor -- meh tiny bit over paid
1 amd 5600 xt asus strix --- good price
2 sticks of 32gb ram -- meh tiny bit over paid
1 2tb m2 nvme. --- good price

these will all go as ending inventory so they will lower my income.

I think I will place 1 more order today.

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: Sebahl on December 31, 2020, 06:08:22 AM

I am selling off all my old cards (Polaris and 1070s) right now. Prices are insane. I am basically getting more than I paid for my old Polaris cards. Although I could keep mining, resale on these old cards will drop next to nothing once the new gen is widely available, so now is the time to sell. Am planning to grab 3060tis when I can. They seem to be price to performance winners. But wouldn’t say no to 3080s either.

I have been selling my RX 470 4GB since the 2018 crash pretty much. What I noticed is that they are selling like hot cakes pretty much . A year ago I would sell maybe 1 or 2 every month. Tons of low ballers and people basically saying “I know you mined with this GPU will give you $20 for it”.

Now when I make a Craigslist ad some days I sold 2 of them the same day. Reason why is mostly due to covid. In my area they banned gatherings and everybody is stuck at home. Nothing to do except play video games or watch Netflix. It’s not only GPUs, some CPUs are sold out also. Go to Newegg and see how much stuff is out of stock.

Sebahl

jr. member

Activity: 146

Merit: 4

I am selling off all my old cards (Polaris and 1070s) right now. Prices are insane. I am basically getting more than I paid for my old Polaris cards. Although I could keep mining, resale on these old cards will drop next to nothing once the new gen is widely available, so now is the time to sell. Am planning to grab 3060tis when I can. They seem to be price to performance winners. But wouldn’t say no to 3080s either.

deadsix

hero member

Activity: 751

Merit: 517

Fail to plan, and you plan to fail.

Quote from: philipma1957 on December 29, 2020, 10:38:19 PM

or 3.00 for nvidia 3060ti. I could roi this card in under 165 days

Phil you gotta change your ROI calc to account for the residual value of the card itself, lets say it drops 20% in value in the first 6 months, its still worth $300+ so your actual ROI is less than 37 days.
Now if only I could find any in stock ...

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: geck on December 30, 2020, 06:45:41 PM

Quote from: philipma1957 on December 29, 2020, 10:38:19 PM

eth is paying 144% at viabtc,

5 cents an mh

or 2.60 for amd 5700xt
or 3.00 for nvidia 3060ti. I could roi this card in under 165 days
or 4.50 for nvidia 3080. I could roi this card in under 185 days

Not sure how long this heats up as 144% at viabtc is unreal.

https://etherscan.io/chart/hashrate is making this claim:

Highest Avg Hash Rate of 300,739.6361 GH/s was recorded on Monday, December 28, 2020

which makes sense at the gas being charged to move a transaction.

at these rates, even a 3090 seems like a good idea Grin

144% means coins are effectively 1.44 x 750 = 1080 if you mine at viabtc.com

I would argue even just a bit higher as min payout is around 96.5 % of an ethblock

so 1.44/.965 = 1.49 to 1 or

750 x 1.49 = 1117 usd a coin

these mad insane moves last 1-3 months.

I can see it grow to 1100-1200 a coin and 120% or for us miners maybe 1440 effective coin price.

we are around 5 cents a mh. so my 3060ti makes 3 a day. and costs 65 cents in power of which I use for heating the den.

So it clears $2.50 a day around 200 day payoff.

All my cards are paid off. As I have 800mh already running and added 1200mh July to Dec.

I am sitting really good. But I would really like 90 good days from today on.

Checked my records I have 1,000,010 doge I thought I sold 350,000 I did not.

https://dogechain.info/address/DTxnGj2uNy1ZYezy1Pp1321uxK5gwU4kXS

that is on hodl for a bit. and btc is at 29000 +

geck

member

Activity: 145

Merit: 10

Quote from: philipma1957 on December 29, 2020, 10:38:19 PM

eth is paying 144% at viabtc,

5 cents an mh

or 2.60 for amd 5700xt
or 3.00 for nvidia 3060ti. I could roi this card in under 165 days
or 4.50 for nvidia 3080. I could roi this card in under 185 days

Not sure how long this heats up as 144% at viabtc is unreal.

https://etherscan.io/chart/hashrate is making this claim:

Highest Avg Hash Rate of 300,739.6361 GH/s was recorded on Monday, December 28, 2020

which makes sense at the gas being charged to move a transaction.

at these rates, even a 3090 seems like a good idea Grin

fr4nkthetank

legendary

Activity: 2294

Merit: 1182

Now the money is free, and so the people will be

yes, the DEFI craze is still ongoing. They have airdrops, recently 1inch i think. where they reward you if you "stake" coins in liquidity pools, etc. People rush to claim them and sell them, driving up eth gas fees, which is good for us. So you put 1 ETH and 1 ETH equivalent of a shitDEFIcoin, say sushi or other, and then you get "rewarded" with the platforms own token (UNI for uniswap, etc). I honestly don't know where they are going with this, but this is ICO 2017 mania x 1000. People have crypto, and they want to make returns with their money. It makes little sense but since when did common sense have anything to do with everything here...except bitcoin.

The number of new DEFI "coins" if we can call them that has exploded. New platforms promising % returns have exploded. Lending with collateral has exploded. Its insane. Hopefully this pumps bitcoin like crazy but the crash will be equally epic. Always keep emergency popcorn ready.

For example, see https://help.coinbase.com/en/coinbase/trading-and-funding/cryptocurrency-trading-pairs/wbtc

edit: so wow, we have surpasses all time high hashrate for ETH even with 4gb gpus dying.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

eth is paying 144% at viabtc,

5 cents an mh

or 2.60 for amd 5700xt
or 3.00 for nvidia 3060ti. I could roi this card in under 165 days
or 4.50 for nvidia 3080. I could roi this card in under 185 days

Not sure how long this heats up as 144% at viabtc is unreal.

https://etherscan.io/chart/hashrate is making this claim:

Highest Avg Hash Rate of 300,739.6361 GH/s was recorded on Monday, December 28, 2020

which makes sense at the gas being charged to move a transaction.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: fr4nkthetank on December 28, 2020, 10:57:51 AM

I always look at ETH or any altcoin vs bitcon price, never USD. eth buy pressure may go crazy if the incentive is there (defi shenanigans). Im happy mining ETH but if bitcoin pumps more and eth price goes from 0.028 to 0.018 say then youve lost a lot of potential bitcoin even if eth usd price goes up. GPUs are still nowhere to be found where i'm at (3080, 3060ti, 6800, 5700xt) at msrp or close. Miners are buying them from scalpers at any price. Please never buy from scalpers. 1- they mine with the gpus and then repackage the box as new of course and 2-if something is wrong you have to RMA instead of store return. I'm happy i'm at max capacity and the mine makes a lot more than my yearly salary as of current profitability... let the insanity return to bitcoin for a little while at least please

edit: futures are interesting. big miners will sell eth futures to hedge future mining profits. will we see ETF's based on ETH futures ? That would bring a lot of retail money in and it will pump.

Mining both BTC and ETH. And I don’t care for eth one bit.

Still I dance with them a bit.

fr4nkthetank

legendary

Activity: 2294

Merit: 1182

Now the money is free, and so the people will be

I always look at ETH or any altcoin vs bitcon price, never USD. eth buy pressure may go crazy if the incentive is there (defi shenanigans). Im happy mining ETH but if bitcoin pumps more and eth price goes from 0.028 to 0.018 say then youve lost a lot of potential bitcoin even if eth usd price goes up. GPUs are still nowhere to be found where i'm at (3080, 3060ti, 6800, 5700xt) at msrp or close. Miners are buying them from scalpers at any price. Please never buy from scalpers. 1- they mine with the gpus and then repackage the box as new of course and 2-if something is wrong you have to RMA instead of store return. I'm happy i'm at max capacity and the mine makes a lot more than my yearly salary as of current profitability... let the insanity return to bitcoin for a little while at least please

edit: futures are interesting. big miners will sell eth futures to hedge future mining profits. will we see ETF's based on ETH futures ? That would bring a lot of retail money in and it will pump.

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: philipma1957 on December 27, 2020, 11:59:14 PM

Quote from: arielbit on December 27, 2020, 11:50:17 PM

I'm going to repeat this hehe

1eth = 1gpu..almost a 3080 a piece, if you hodl for a bit longer, it can be a 3080ti or a 3090.

so upgrade your gpus wisely folks Wink

...aaaand do not fill your precious space with low hashing cards hehe

Or mine your eth selling 1/2 and holding the other half.

I can see eth over 1000 by my birthday on Jan 27

and I am not an eth fan at all

Its really difficult to predict the ETHUSD price, could go to $1000 or $1400 or $2000. However I am pretty sure it will hit at least 0.05 ETHBTC or maybe even higher. Its hard to tell when Bitcoin topped, maybe it was today, maybe it will be on Dec 31st or maybe it will grind higher and higher.

However I think that eventually, especially since there is an ETH Futures launch on CME, I think the ratio will definately grow from 0.025 to a least double or triple. No idea what the price of BTC will be by then however if you hold ETHBTC you might make your BTC grow instead of just your USD.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: arielbit on December 27, 2020, 11:50:17 PM

I'm going to repeat this hehe

1eth = 1gpu..almost a 3080 a piece, if you hodl for a bit longer, it can be a 3080ti or a 3090.

so upgrade your gpus wisely folks Wink

...aaaand do not fill your precious space with low hashing cards hehe

Or mine your eth selling 1/2 and holding the other half.

I can see eth over 1000 by my birthday on Jan 27

and I am not an eth fan at all

arielbit

legendary

Activity: 3444

Merit: 1061

I'm going to repeat this hehe

1eth = 1gpu..almost a 3080 a piece, if you hodl for a bit longer, it can be a 3080ti or a 3090.

so upgrade your gpus wisely folks Wink

...aaaand do not fill your precious space with low hashing cards hehe

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: garetjax on December 27, 2020, 10:20:46 AM

Phil,

Any update on viabtc vs nicehash since you switched some back to nicehash? I'm using nicehash now but I only get paid once a week while btc price is increasing like mad and wondering if I should switch to viabtc and somehow convert to btc.

Thanks

well all my simplemining rigs hooked up to nicehash crashed.

and I can not access them until monday or tuesday.

my viabtc are running.

my window 10 xmr to nicehash work.

to be fair the crash may be an internet issue due to the large storm that happened

on Christmas. I need to go to my friends office and see if he lost his dsl service.

I will get back to this on mon or tues.

this would be about 350mh down and out. 14 to 16 a day.

viabtc just chugs along.

Besides all this. I want to ask people if they use chromes internet up/down monitoring app.

I use five different modems in different spots in New Jersey.

In Clifton NJ
I have verizon 300 mh service
I have optimum 300 mh service

In Howell NJ
my house I have optimum 300 mh service
buysolar house I have optimum 300 mh service

In Lakewood NJ
friends office has verizon dsl

the chrome monitor is showing hundreds of cases of dropped internet since I found the app
at all five locations.
somedays It is perfect with no drops
on rainy bad storm days 50 or more split second drops.

does any check their up time with the chrome app?

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: bobben2 on December 27, 2020, 06:26:19 AM

I doubt if we will see sinking hashrate on ETH. If at all, then it will only be for a short period. Even though the 4GB cards and the Nvidia 10x0 cards are suffocating right now, there are new cards coming on the market that will fill the hole and then some. Then you have the ever growing number of ASICs, I think there will be more hasrate as the price of ETH climbs higher. Think we will have a recurrence of the mining craze in 2017 when even the neighbor's dog was mining (DOGE no doubt).
Now pondering what to do with my Sapphire Pulse 4GB cards.. They are currently mining ETH at 25MH/s each. The week before Xmas they did 28MH/s. The power consumption has even gone up by 5Watts each card since they were doing 30MH/s..

Yes my 4GB cards also experienced the same thing, hashed at 29MH/s for 4 years and now they are at 24MH/s, most likely in 2 days they will be at 22MH/s and in 1 week they will be less than 20MH/s or even worse. And I had the same issue with power consumption, it stayed the same or even increased. I am wondering if undervolting even more should help since they are hashing at a slower speed.

I don't own any Nvidia's so what is going on with the 10x0 GPUs? They are slowing down? I assumed it was an issued related to the software and should be fixed soon. How are the 1080's performing?

Regarding more GPUs going online? Yes its possible however there is a shortage. Now not only are miners buying them out, there are gamers who are desperate for GPUs because they are stuck at home during lockdown. So hashrate might have a smaller slope for now on.

garetjax

member

Activity: 150

Merit: 10

Phil,

Any update on viabtc vs nicehash since you switched some back to nicehash? I'm using nicehash now but I only get paid once a week while btc price is increasing like mad and wondering if I should switch to viabtc and somehow convert to btc.

Thanks

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: bobben2 on December 27, 2020, 06:26:19 AM

Quote from: philipma1957 on December 26, 2020, 05:58:27 PM

Quote from: adaseb on December 26, 2020, 05:31:11 PM

Those drops always rise however. Look at ethermine pool stats instead and zoom out to Dec 24th,
https://ethermine.org/statistics

You can see the total hashrate was 61.7TH/s or so, and now its back to 60.8TH/s so the drop is more like ~1.5% or so. The hashrate decreased by 1.5mh/s per card so its more like 5% less. Since the price went up, the profitability is still the same however.

It would of been good if also the power consumption went down also by 5% then maybe it would make up for it. But when the speeds get into the 15MH/s range, then its mostly not worth keeping them running.

no don't look at a pool stats look at complete network.

from 23 to 25 was a 4.7% drop

it is too early to know it that is a reflection of 4gb cards leaving and new hash coming on.

if true it will trend down for 6-9 more dags.

If not true we will just grow. So by jan 27 or so we are 230ph for the network or 310-315ph

WE COULD HAVE SINKING HASH AND RAISING PRICE = $$$$$$

I doubt if we will see sinking hashrate on ETH. If at all, then it will only be for a short period. Even though the 4GB cards and the Nvidia 10x0 cards are suffocating right now, there are new cards coming on the market that will fill the hole and then some. Then you have the ever growing number of ASICs, I think there will be more hasrate as the price of ETH climbs higher. Think we will have a recurrence of the mining craze in 2017 when even the neighbor's dog was mining (DOGE no doubt).
Now pondering what to do with my Sapphire Pulse 4GB cards.. They are currently mining ETH at 25MH/s each. The week before Xmas they did 28MH/s. The power consumption has even gone up by 5Watts each card since they were doing 30MH/s..

the sinking if it lasts will be for 9-10 dags maybe it does it for just under a month.

bobben2

full member

Activity: 279

Merit: 104

Quote from: philipma1957 on December 26, 2020, 05:58:27 PM

Quote from: adaseb on December 26, 2020, 05:31:11 PM

Those drops always rise however. Look at ethermine pool stats instead and zoom out to Dec 24th,
https://ethermine.org/statistics

You can see the total hashrate was 61.7TH/s or so, and now its back to 60.8TH/s so the drop is more like ~1.5% or so. The hashrate decreased by 1.5mh/s per card so its more like 5% less. Since the price went up, the profitability is still the same however.

It would of been good if also the power consumption went down also by 5% then maybe it would make up for it. But when the speeds get into the 15MH/s range, then its mostly not worth keeping them running.

no don't look at a pool stats look at complete network.

from 23 to 25 was a 4.7% drop

it is too early to know it that is a reflection of 4gb cards leaving and new hash coming on.

if true it will trend down for 6-9 more dags.

If not true we will just grow. So by jan 27 or so we are 230ph for the network or 310-315ph

WE COULD HAVE SINKING HASH AND RAISING PRICE = $$$$$$

I doubt if we will see sinking hashrate on ETH. If at all, then it will only be for a short period. Even though the 4GB cards and the Nvidia 10x0 cards are suffocating right now, there are new cards coming on the market that will fill the hole and then some. Then you have the ever growing number of ASICs, I think there will be more hasrate as the price of ETH climbs higher. Think we will have a recurrence of the mining craze in 2017 when even the neighbor's dog was mining (DOGE no doubt).
Now pondering what to do with my Sapphire Pulse 4GB cards.. They are currently mining ETH at 25MH/s each. The week before Xmas they did 28MH/s. The power consumption has even gone up by 5Watts each card since they were doing 30MH/s..

Topic: Number 9! Ninth altcoin thread. Back to the moon Baby! - page 77. (Read 66416 times)