Topic: Why the internet sucks. (Read 1101 times)

Hey not saying that there is no good guys around here telling the things how they are really. Of course there is.
If we are a community and we want to grow. It is good to start by helping each other. That is all I wanted to say.

Now saying that it is too late in the game is an other false statement. Who knows ? Do you have a cristal ball ? What if...
And finally let me remind you that you've been noob too.

Im talking about buying cards at 250 and selling for $400 not old cards

right now its a sellers market so i you can get cards for nomal prices you can make far more selling gear than farming with it.  The use that doubled money to build a small or large farm at  half the.price you would have before if you had just used them for mining outright.

i.e get 50 cards for $250 each , sell 30 of them for $400 or more, then basically build the  reamining cards into rigs basically for free

theres no conspricy theory here gtfo, mining is profitable if you can get your hands on hardware at a good price , say 20 percent max over retail, then u still have to buy the jacked up priced motherboards, power supplies risers etc lol

the large farms are the ones buying up all the hardware stocks not small 100 to 500 gpu farms, all they can do is preorder and hope for the best.

either way u noobs are stupid late to the game , maybe you will make money maybe you wont no one really cares enough to stop you from mining wtf

no one is gona encorage u to take a dumb risk bc that what it is right now , but taking risks is how money is made duh.

personally i would buy a ton of rx 580s make a few rigs and sell off the majority to buy 1070s

but Im pre ordering shit, if i cant get it within a week or two weeks Im good , no one knows what will happen to  prices in two months.

so do you, grow some balls take a risk or not

You make me laugh. Bitter about negative equity?

I'm about to order parts for my first rig... Or maybe not.

I've been researching mining for the last 3 months, and I'm keen to dive in. The plan was to build an 8 x RX 480 8Gb rig, with a view to expand in 6-9 months to a much larger setup. However, there's a lot of things I've been considering that makes the decision a little tougher.

1. Ether mining is going to get really tough soon, but that's not to say other coins are not worth mining when it gets tough.
2. I can't seem to find an answer as to whether the forthcoming hashrate drop for RX cards will affect other coins too, or just Ether.
3. SOME PEOPLE ARE NOT ENCOURAGING!!!

Point 3 is arguably the biggest issue I have right now. On one hand, I'm seeing people with huge rigs making good profits. They're helpful, give advice, and offer tips for optimisation! This is awesome!!! But then there's people who just diminish the whole idea of mining, claiming that its pointless, not profitable, a waste of money etc etc.

I'm looking at this as both a proof of concept, and potentially a long term option. I'm not going blindly into this, or buying 1 ancient card with a hashrate of 2. If I'm going to do this, I want to do it properly, which is why I've spent a good while researching cards, pools, altcoins, even did 3 months of day trading on bitrex, where I managed to make a little bit of profit!

So, I'm asking some of the more experienced miners out there, is mining still worth getting into? (Also, if anyone can give a definitive answer on a good backup coin to mine after the RX get hit with the ether hashrate drop, that would be great!)

Many thanks to everyone. This community is infinitely more helpful than other ones out there!

lol he doesnt even make sense if you have access to cheap 580s wtf are doing here crying 'ppl are mean to me on the internet' If you had any brains you would be buying up the 580s not to mine but to sell for like $400 pop , Im selling my stack of 30 cards at $550 a card and not looking back.

either youre an idiot a just a plain coward , man up and do something then since u say you have it figured out

dumb millenial lol

If you've done your research, whats the problem then?
What do you want to hear? Go and buy tons of rigs you're gonna make a fortune?

No one knows where mining is leading, we don't have magic crystal balls do we now?
You know what? People are tired of noobs asking the same question over and over again all across the forum, no wonder they are NOT ENCOURAGING!!!

I wasn't looking for all the information on a platter. That's the whole point. I've been doing endless research of this. I'm not doing a half-assed approach.

Why would they want to encourage you? You're gonna steal part of their profit. Do your own research and take responsibility for it.

3. SOME PEOPLE ARE NOT ENCOURAGING!!!