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Interestingly enough, you're going to make around 0.009BTC per day with the A8+ as of right now according to Nicehash rates for the old CryptoNight algorithm, but zooming out to a full month's view or even a day for CryptoNight profitability it doesn't look good for this miner. Profitability is dropping like a rock on the old algo, only good thing is that the A8+ delivers quickly, but that's about it. Profitability is most likely going to continue to drop in the CN non-v7 chain to the point that these are unprofitable unless companies like Bitmain or Inno (or even Baikal) decide to pump a coin to keep these machines profitable, though I find that unlikely.
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The seven deadly sins are based on: Pride, Greed, Wrath, Envy, Gluttony, Lust, and Sloth.
It has come to my intention that gambling is related to the SDS. Not all of them, but I believe Pride, Greed, Wrath, Sloth are what makes of a gambler.
Pride: The will of not losing. The gambler always strives not to lose as he always wants to win not matter the cost. He would throw his life, fortune, even his beloved ones for the sake of money. ( I am talking about a very addictive gambler.)
Greed: A gambler always wants to gain money even if he is already rich. Why buy two houses if you can buy one? Why do you need more much money when you already are living a good life?
Wrath: A gambler will not be able to control his emotions when he loses which will be the result of releasing his anger on people around him or even hurt himself.
Sloth: A gambler wants easy money, easy life, easy things. He does not make efforts to gain money. That is why he resorts to gambling because he can get two birds with one stone; money and fun.
The mentioned above are within the human nature. It is a challenge for yourself whether you are able to control them or let them take over yourself. It is up to you to decide.
How about Lust, Envy and Gluttony? I think these seven deadly sins are all connected to each other, for example: Lust could be look as Greed, a lust for money, a lust to win. Gluttony could also be look as Greed or Lust, you are always hungry for winning, money, fame and everything. Envy for Pride, you are feeling jealous because you keep on losing and then your pride keeps feeding your ego and you start to think all about of yourself. All of these deadly sins explained one thing only, that when you are in all of these state, you are starting to become selfish. So therefore being selfish is a sin. A presence of mind could always help us to think properly. All of those 7 deadly sins would really be committed by means of playing too much gambling.Those will really come out and would really result if you do play too much or engage on it without any moderations but this would be entirely depending on what kind of person you are because usually motives and actions would really vary into ones personality since from the beginning.If you are a type of person which is greedy in the very first place then expect it would come up with another deadly sin is already being posted above which i do completely agree with those things.If we are not sensible enough with our actions risk on falling into that pit of sins would be high. Always play gambling without any involvement or do have a target goal which will force out unpleasant things. I agree with this more than anything else stated prior in this thread. I primarily gamble for the rush and also for the money. There are definitely people out there with some with the SDS described in the OP of the thread as a result of gambling, but it doesn't mean you can't gamble and have the sins. Tl;Dr Most people gamble simply for recreation and not for money. Not everything in moderation is good (drugs, for example), but gambling is okay as long as you don't start mindlessly gambling. |
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What's with the fan and power consumption? It is no really for home use, is it?  No. It is possible to run these at home but keep in mind they are extremely loud at near or above 70db, and they're built to run on 220V though I know some people have found ways to run these on 110V. Some people even manage to sleep in the same room as these miners. How? I don't know. There are ways to reduce noise, like with a wind tunnel philipma1957 built, but don't expect these to become quiet. I ran S9 these in my garage, and they were still somewhat noticeable from the house. |
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If it sounds too good to be true, it is. Your friend's $100-dollar-a-day mining device applies to this, and I also see way too many people just putting numbers into calculators and jumping in to buy a miner without researching brands (Innosilicon, for example, has had various issues in the past and even recently with their A5), or not realizing the miner they're buying into hashes a new algo, and difficulty's going to very rapidly rise on the coins that the miner is capable of hashing on.
Power and voltage is something else people need to know. I see people plugging miners into 110/120V circuits and scratching their heads why their miner doesn't run very often. If you plan on mining, 200+V is necessary for higher powered devices to even run, and running your devices at a higher voltage also grants you slightly higher efficiency. It might cost you a bit of money to get one installed initially, but it's absolutely worth it; if you don't feel like getting one installed, chances are you already have one in the form of a dryer or stove outlet.
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Minerjones and PsychoticBoy have escrowed transactions for me in the past and things went fine each time, with no problems at all. Funds were released as they were supposed to, the whole deal.
I've tried to get Philipma1957 to escrow a transaction for me in the past, but he said he doesn't do deals with PayPal as he got burned by it in the past, so he declined my request. He's an extremely reputable, active user and seems to accept escrow requests, though, so as long as your deal is in crypto Phil will probably escrow for you.
The list of escrowers listed earlier in this thread should help out as well. Taking a quick glance over the list, everything seems okay.
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You're not even going to make $1 a day at current rates with an RX 470 or 480 nowadays (it's closer to $0.80 with a 8GB 480 right now). You might as well try mining low difficulty shitcoins and seeing if their prices go up. Some people have had big success with this method, can't hurt as you're most likely going to make pennies a day with your old computer, and that's if it's not a power hungry CPU.
You're most likely going to be better off doing something else other than mining the way things stand for you if you aren't willing to make an investment into mining gear. Even if you do buy a GPU like a 470, it'll likely take about a year or more to break even assuming coin prices and difficulty stay constant.
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Interesting, cool to see that WhatsMiner developed a miner that can dissipate so much heat and keep the miner cool at 80c with fan speeds that are sometimes lower than S9s! I imagine the PSU fan being loud won't be a big issue as these are industrial miners anyways, usually the miner itself makes a somewhat high pitched sound I my experience. What sort of ambient temps are you running the M3X at?
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Great review as always, best formatting I’ve seen in any Bitcointalk post in a very long time.
What are the noise levels like on the M3X compared to a miner like the T9 or S9? I imagine the fans are more powerful as they have to force more air through the heatsinks to dissipate the greater than 2kW of power the miner consumes. The placement of the PSU on the miner might also have space complications if the miner's placed in a cramped spot.
I wish the M3X was priced slightly lower to compete with the T9+. Seems like Pangolinminer have the right idea with the miner, but the T9+ and PSU bundle makes more sense to buy after factoring in potential coupon discounts, and it even pays more after electrical costs for most people (according to Nicehash at my electrical rate of $0.065/kWh and $0.10/kWh). I’m personally interested in what Pangolinminer might be capable of doing in the future with a smaller node like 16/14nm or something less given what they’ve been able to accomplish at 28nm.
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Addiction isn't easy to quit, and I've personally experienced this in the past. What really helped me stop thoughtlessly gambling was the realization that there were much better options for making money outside of gambling out there. Loaning to exchanges and users (with collateral), and even investing in the bankrolls of casinos are essentially foolproof (but don't put all your eggs in one basket), and though they only give out small percentages in profit monthly, the real bright side of these investments is that there's very little risk to them.
I still gamble today, and that's one of the things people should realise about gambling today, too- quitting an addiction doesn't mean you have to completely stop doing something. I still set aside a few dollars for gambling weekly. Sometimes I win, sometimes not, but the important thing is to not throw all your money into the hole that is gambling. I primarily gamble for the thrill and not for a profit, though it does feel good when I get a sizable win.
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My GPUs have also been running near 80c (lower during winter and higher during summer but for the most part avg 80) for about 1 1/2 years and they're running fine just like Raja. Obviously anything above 80 isn't ideal and your goal is to get temps below that, but if you can't or if it's cost prohibitive to get better cooling it's okay.
The box fans should work. You won't need AC in most cases, getting enough exhaust out should work.
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Are the T9+'s a good investment at $1500 including shipping. They same to be quite more reliable than the S9.
Not at 1500 considering they were selling for less than half that if you had a coupon, and they're still in stock direct from Bitmain. I'd suggest trying to find a coupon and buying direct from Bitmain, as they are currently going for $771 with a PSU. I'm sorry I meant 1150$. With cost per kWh around 9cents You're going to break even in just over a year if BTC prices hold and difficulty also holds. The latter is extremely unlikely, and because of that I would suggest against it. Difficulty's going to kill you in the long run and draw out your break even time by a lot. Coin prices may rise, but you can't count on that when mining. Tbh i guess bch should rise by the end of summer. If you think prices on BCH (or even BTC) are going to rise in the future, it's a better option to just buy some BCH and hold versus buying a miner and mining BCH considering your electrical costs and the cost of a T9+ for you. I advocate for mining, but in your case buying and holding makes more sense if you think BCH will truly rise. |
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Are the T9+'s a good investment at $1500 including shipping. They same to be quite more reliable than the S9.
Not at 1500 considering they were selling for less than half that if you had a coupon, and they're still in stock direct from Bitmain. I'd suggest trying to find a coupon and buying direct from Bitmain, as they are currently going for $771 with a PSU. I'm sorry I meant 1150$. With cost per kWh around 9cents You're going to break even in just over a year if BTC prices hold and difficulty also holds. The latter is extremely unlikely, and because of that I would suggest against it. Difficulty's going to kill you in the long run and draw out your break even time by a lot. Coin prices may rise, but you can't count on that when mining. |
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Are the T9+'s a good investment at $1500 including shipping. They same to be quite more reliable than the S9.
Not at 1500 considering they were selling for less than half that if you had a coupon, and they're still in stock direct from Bitmain. I'd suggest trying to find a coupon and buying direct from Bitmain, as they are currently going for $771 with a PSU. They ship out in just a few days (21-30 of April), and even though customs may be a bit of a hassle it's still better than paying double for one. |
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The way things are going right now, unless you can get a card at or below MSRP, don’t buy it. There’s plenty more GPU developments coming soon in 2018, and GPU prices have been slipping continuously recently anyways. Some Nvidia cards are selling for near MSRP right now if you really want to get a card. Most AMD cards are still well above MSRP price based on what I have noticed recently, and unless this changes it’s not worth buying anything from AMD for mining right now.
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I don’t know if it’s just me, but upon visiting the shop site for Bitmain, I get the error ‘Request resource is illegal or system inner error!’, and it seems they’ve completely removed the S9s from the shop as of now, and both the T9 and the PSU bundled T9 is currently OOS.
Perhaps heavy load is causing the error? I’m guessing that’s the issue as it’s taking much more time to load the shop page right now.
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I have found in the past that sometimes things are as simple as a bad orientation for how your rig is sitting. Someone I knew had their rig suddenly jump up 10c and it took them almost a week to figure it out. Long story short, as taking their rig apart, cleaning it, putting fresh software on it and even RMAing a couple cards they realize that they had scooted their rig a few inches closer to the wall without realizing it. Being a little closer to the wall, the exhaust acted weaker than it should have, the air wasn't able to escape as well and so it created a heat cloud around the rig's exhaust. I would listen to the previous suggestions as well, but sometimes it's as simple as not giving your rig room to breathe.
RMA-ing because of temperature 10 degrees higher? Now in my country that would be the day. RMAs are so strict here locally especially now that they know some people use GPUs for mining. In fact, some computer stores now only give 3 months warranty to GPUs that have been used for mining. I guess if you look sketchy they can simply say your GPU was used for mining then refuse any service or RMA after 3 months has passed. I've done RMAs for such things in the past and I know others have as well; note I live in the United States where warranties are normal for the most part except for certain mining cards and most major sites offer returns. Exhaust is absolutely the issue, and although this is a bit unrelated to a GPU rig the SP20 BTC miner utilized just one exhaust fan (albeit with good static pressure and high RPM) to remove heat, and it worked fine. Increasing the number of exhaust fans on your case should do the trick if you're willing to spend money for a minor temperature difference. Four degrees isn't much, and leaving the rig as it is likely won't cause any catastrophic failures on its own. |
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This thread should help with the absolute basics of flashing a card. You don't have to take the actual modded BIOS files or timings there (you should be getting BIOS files for your specific card model if possible), but it runs through what applications you need to use to flash and such. If you successfully flash your card, you'll be running at a lower wattage than mining stock and you'll be able to crank out some more hashrate out of your 580s. https://bitcointalk.org/index.php?topic=1954245.0 |
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Wasn't aware this existed, thanks for linking this site! Adding it to my bookmarks in case I need to pay via Bitpay in the future again, though I'll try avoiding that whenever possible. They've been getting progressively worse over the last two years, which is why all of us should be pushing for merchants to adopt alternatives to Bitpay such as BTCPayServer and Coinpayments. It's not hard to change to a new system, as Coinpayments is actually backwards compatible with most of the features in Bitpay. It'll take some time, but if we all make an attempt to alert merchants of better options than Bitpay, we won't have to pay via a standard made by an obscure BIP anymore.
It also depends how much it costs the merchants to shift to those services.For instance if BitPay charges zero-less fees,merchants will obviously go for them since they get an advantage of saving a few bucks instead of going for other services. Coinpayments charges lower fees (0.5% vs 1% for Bitpay), and they also support many more coins and even some more features than Bitpay. They're saving money and gaining more features on top of that. If we actively work towards getting merchants to change to alternatives like Coinpayments they will change their ways. Bitpay hurts BTC as a whole in the long run, and the competitors I listed previously are just as good or better than Bitpay. Again, there's just zero reason to use Bitpay, and the only reason why some people are drawn to it is because it's just mentioned so much. |
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Seems rather pointless since 99% of ERC20 tokens aren't mineable with the exception of 0xbitcoin that I had no idea even existed until now. Perhaps if mineable tokens become more popular in the future this'll be more useful, but besides that, at this point in time it seems there's basically no tokens that support mining, and even 0xBTC has barely any volume according to livecoinwatch.
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The thing is, though, you shouldn't count of the price of a coin rising in the future to calculate mining profits. There's no guarantee that coin prices will rise in the future, and adding more variables into something that is already an estimation isn't good.
There is a chance that GPU mining will become continually unprofitable in the mid-term (most cards can break even in around a year, albeit with free electrical costs), but I doubt GPU mining will truly die off. Difficulty will continue to rise, and ETH's supposedly going the route of PoS soon (something rather interesting as no major crypto has successfully turned to a fully PoS system), and these things will lower profitability in the long run, but mining profitability will likely somewhat stabilize in the coming months. The question is what's going to happen after that. It's anybody's guess with everything happening recently and what's planned in the future; 2018's going to be an eventful year for crypto and mining in general.
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