Author

Topic: Rest In Peace GPU Miner (Read 938 times)

member
Activity: 112
Merit: 10
April 18, 2014, 10:30:24 PM
#10
Easy to make really good profit. Spent 0.05 BTC few days ago to hire 200 MH/s for 10 minutes mining WhiteCoin. I sold mined coins for 0.5 BTC these days. 10x profit.  Cool

That's not scale-able
Not sure what's not scalable about it. It seems much more scalable than any other approach right now.
full member
Activity: 182
Merit: 100
April 18, 2014, 07:39:46 PM
#9
Yeah there is a site called nicehash for example; you basically mine just like a multipool but buyers create orders and "rent" as much of the mining power of the pool as they want. (Overly simplified explanation but you get the idea.)
full member
Activity: 378
Merit: 102
April 18, 2014, 07:31:49 PM
#8
Easy to make really good profit. Spent 0.05 BTC few days ago to hire 200 MH/s for 10 minutes mining WhiteCoin. I sold mined coins for 0.5 BTC these days. 10x profit.  Cool

That's not scale-able
hero member
Activity: 588
Merit: 520
April 18, 2014, 07:10:05 PM
#7
Easy to make really good profit. Spent 0.05 BTC few days ago to hire 200 MH/s for 10 minutes mining WhiteCoin. I sold mined coins for 0.5 BTC these days. 10x profit.  Cool
member
Activity: 112
Merit: 10
April 18, 2014, 08:37:51 AM
#6
I quess it is, you just need to know where to send that MASSIVE hashpower.
Like to some new coin you expect to rise in price soon and want to get as much coins as possible before that.

That's the point of renting hashpower theese days.
Rig owners set up their rig and mine somewhere, being relatively happy about what they get. (about 0.006 BTC/MH/day at multipools for example)
Then someone come and hire their rig for 0.01. That person, if his predictions are right, could make twice+ that in a week when the coin he's using the haspower for rise in price.

If you want to hire hashing power just to mine on multipool or straight LTC, you will loose for sure.
+1

... and it has nothing to do with the end of GPU mining. These large groups of rented rigs ARE mining with GPUs.
member
Activity: 95
Merit: 10
April 18, 2014, 07:46:49 AM
#5
I quess it is, you just need to know where to send that MASSIVE hashpower.
Like to some new coin you expect to rise in price soon and want to get as much coins as possible before that.

That's the point of renting hashpower theese days.
Rig owners set up their rig and mine somewhere, being relatively happy about what they get. (about 0.006 BTC/MH/day at multipools for example)
Then someone come and hire their rig for 0.01. That person, if his predictions are right, could make twice+ that in a week when the coin he's using the haspower for rise in price.

If you want to hire hashing power just to mine on multipool or straight LTC, you will loose for sure.
legendary
Activity: 1400
Merit: 1050
April 18, 2014, 07:29:52 AM
#4
There is
https://nicehash.com/
Currently you can get about 2 GH/s, but still growing Smiley
If the price is right more miners jump in the service.

yesterday the price was almost 10BTC/GH, and somenone had up unlimited order for almost whole evening, So i quess it was aulonocara Cheesy
is this profitable ?
member
Activity: 95
Merit: 10
April 18, 2014, 07:08:55 AM
#3
There is
https://nicehash.com/
Currently you can get about 2 GH/s, but still growing Smiley
If the price is right more miners jump in the service.

yesterday the price was almost 10BTC/GH, and somenone had up unlimited order for almost whole evening, So i quess it was aulonocara Cheesy
sr. member
Activity: 308
Merit: 250
April 18, 2014, 03:09:28 AM
#2
is there such a mining power?? for sale?
sr. member
Activity: 308
Merit: 250
April 18, 2014, 02:56:55 AM
#1


Any word bro and sis ?
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