Topic: What should I be mining? - page 3. (Read 691 times)
I like to mine the COINS, the roaring machine can give me the sense of security, as if that pile of chips is more than a million lions.
Do you think that I jumped in at the wrong time and lost alot of money? Cause at this rate it's gonna be over 3 Years to get what I spent to just break ever?
Yes I think you did. If you can return your cards for a refund I would do it. The reason I say this is because by the end of third year those gpus will be dirt cheap. Rebuy when things start looking better and afternoon new gpus release. I like you just bought some gpus to mine with and they are arriving this week. I cancelled those orders today.
Right decision. GPU are still overpaid. Fifty percent may be.
Do you think that I jumped in at the wrong time and lost alot of money? Cause at this rate it's gonna be over 3 Years to get what I spent to just break ever?
Yes I think you did. If you can return your cards for a refund I would do it. The reason I say this is because by the end of third year those gpus will be dirt cheap. Rebuy when things start looking better and afternoon new gpus release. I like you just bought some gpus to mine with and they are arriving this week. I cancelled those orders today.
- Dont believe in any online calculator 
- READ THIS PLEASE
- If you want to mine the most profitable coin for the moment you are mining, use pools like PROHASHING , zPool or any pool what chooses which coins are most profitable to mine for you at that moment when you are mining
Online calculators are fine, - READ THIS PLEASE
- If you want to mine the most profitable coin for the moment you are mining, use pools like PROHASHING , zPool or any pool what chooses which coins are most profitable to mine for you at that moment when you are mining
No they are not
Those calculators telling you about today , at that moment when you typing in your information !
None of those online calculators calculating pool luck !
None of those online calculators calculating your stale/rejected or invalid shares !
None of those online calculators able to predict difficulty growth !
None of those online calculators can predict what would be the coin/$ exchanges rates a minutes later, a hour later, tomorrow, next week, months later, 6 months later or a year later !
You must to do your own research , pick the coin you are believing, you are seeing a future based on your own research and mine
Online calculators are misleading newbies , unexperienced users. Then this ppl coming back to this forum and asking the same question : "WHY MY EARNING IS LESS THAN ALL THOSE ONLINE CALCULATORS TELLING ME"
You should be mining nothing and remember that word cause it will save you from yourself ---> nothing.
Late you started doing mining. The complexity of the network grows every day, and the crypto-currencies are falling in price. At the present moment, mining is not profitable at all.
Do you think that I jumped in at the wrong time and lost alot of money? Cause at this rate it's gonna be over 3 Years to get what I spent to just break ever?
At this time the coins are undervalued and the numbers aren't great. You can expect this behaviour from time to time, usually this bounces back in a week or two.
If it's a bad investment I can't really say what the future holds but you can't expect to get a ROI as in previous years. Let's face it, no other traditional business will give you a ROI like crypto has.
If you take a look at the GPU market right now everything is overvalued but still, there is a big market for video cards. Worst case you can sell them and get your money back.
Do you think that I jumped in at the wrong time and lost alot of money? Cause at this rate it's gonna be over 3 Years to get what I spent to just break ever?
Ya are right. And more. Ya gotta decrease whattomine calculation by 30% right now also. They are a bit optimistic
- Dont believe in any online calculator
- READ THIS PLEASE
- If you want to mine the most profitable coin for the moment you are mining, use pools like PROHASHING , zPool or any pool what chooses which coins are most profitable to mine for you at that moment when you are mining
Online calculators are fine, they do what they are programmed to do, give you the spot (Current) profitability of your setup. No one can ever know what the profitability will be like in 2-3-4 months. With your current GPUs, your best bet will be Eth or some other Ethash coin which has some potential, such as Ubiq or Musicoin, do your own research. The forum and various other websites can provide you with enough information. Make sure you also check Whattomine. - READ THIS PLEASE
- If you want to mine the most profitable coin for the moment you are mining, use pools like PROHASHING , zPool or any pool what chooses which coins are most profitable to mine for you at that moment when you are mining
- Dont believe in any online calculator
- READ THIS PLEASE
- If you want to mine the most profitable coin for the moment you are mining, use pools like PROHASHING , zPool or any pool what chooses which coins are most profitable to mine for you at that moment when you are mining
- READ THIS PLEASE
- If you want to mine the most profitable coin for the moment you are mining, use pools like PROHASHING , zPool or any pool what chooses which coins are most profitable to mine for you at that moment when you are mining
Thats what it is right now. $10 or less on 6 cards. Whattomine.com will usually only give you the "bigger" coins. There are other sites out there that give you lesser known coins to mine. Im mining something right now with 4 1080's, 1 1070 ti and 1 1080ti and have been averaging about $20 a day.
Do you think that I jumped in at the wrong time and lost alot of money? Cause at this rate it's gonna be over 3 Years to get what I spent to just break ever?
The best way to find out what you need to mine to turn a profit is by going to: https://whattomine.com/
You can select the number of video cards you have there, set in your electricity costs and click "Calculate".
It will tell you which coin & algorithm is the most profitable for your setup.
You can select the number of video cards you have there, set in your electricity costs and click "Calculate".
It will tell you which coin & algorithm is the most profitable for your setup.
So i recently went out and bought 5 1080Ti's (I know bad time to buy) But i was wondering is would most likely be the most profitable to mine with this setup?
Cause everything im mining right now im only getting 8-10.00 a day off of running the rig 24/7
Cause everything im mining right now im only getting 8-10.00 a day off of running the rig 24/7
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