yup exactly im actually selling gpus rather than buying, also sold 3 baiikal asics for 2900 after paying only 900 for them.  

Ppl i know are taking out loans or mortgaging cribs or lines of credit to mine rather than buying cheap couns or icos is crazy to spend so much on mining rigs when video card prices are so inflated, make a stack off icos. or trading , understand the value of the assets you are actuslly mining instead of blindly going all in

^
This mine and hold at least 2/3 if you can , at the very least keep half, lol Im not knocking newbies its the timing im knocking Im sure alot of ppl were just lurkers out here never thought about mining prices have been good for over a year now and it took eth to $300 for most of these new miners get interested

Im not succesful just have a small farm suplementing my income

all im saying is mining is like maybe 1/3 of the way to make money in this crypto boom

you need to suplement this with trading investing in Icos buying low selling high or just holding some of

the good assets.  I make more from Ico,s and trading selling on paxful for 20 percent profit than i make mining

not saying its too late , but mining should be only one of your focuses , the main issue right now

for new miners is the rising price of cards and hardware and flat out dissapearance of Rx cards.

I feel likw even if the scarcity ends (which i doubt for a few months) prices will remain high which benefit large farms

who source in bulk and those who have already roied

Seems like everyone and thier mama is trying to build
a rig to mine ether 😃😃 Kinda feel bad for these late commers even the ones with
deep pockets , If they had jumped on board say three to six months ago they would be
in way better shape now with cards hard to find difficulty rising like crazy creating a few rigs
to hedge is not a terrible idea but you have a  better chance to make money buy buying into
the eth based icos or buying related tokens low selling high on the pump and dump waves.

all my 45 rigs are paid for so mining and expanding is trivial for me , i have around 50 cards i bought back when the rx 500s launched that i dont even have the electricity to power that i listed on ebay for $580 a card and they are SELLING 😂😂

the current state of this forum is hillarious to me.  I made 30k on the augur Ico, 10k on waves
sold both way way too low , learned from my mistakes I hope all these newbs dont get burned

same here eth plus sia with neg 200 core and 600 plus mem
power limit 65

120
watt per card

 So I have been picking up 1070s , 4 every few days from Micro center, today I saw a big sign on the store door stating that from here on out only two of each card type or
brand will be allowed per household EVER!  Basically you cant buy two , come back in a few days and grab another two anymore.

I talked to the sales manager on duty and he stated it was a directive from the Chinese Authorities to Nvidia and AMD due to the fact that miners in China are seeing card shortages for their mega farms
and since most cards are made in China and Taiwan China has changed the rules only allowing a few cards to be shipped out of the plants till further notice.

This could explain why we see the global hash-rates rising for Eth , Zec and other profitable coins when there seems to be a shortage of cards , I get the feeling they are diverting a lot of the stock that should come
to stores and suppliers here since they want control of ETH just as they have controlled BTC and since ETH is a bit more decentralized due to the fact all the mining hardware is not made by one Giant
Chinese company the are panicking and locking down exports.

Now you can take all this with a grain of salt but , the manager directly expressed to me that their Nvidia Rep explained it was China basically telling them that they see the Video cards exported as basically money leaving the country since they are
not just for gaming they are actually tools for creating wealth so they updated the guidance accordingly.

Crazy huh?  What this tells me is you should grab any and all cards you can because once these changes hit other suppliers we could see extreme limits on even Nvidia cards down the line until the Chinese mega farms have had their fill.

its not even the cost of installing it, i am adding 600 amp service to my gargage
single phase but they still need a separate transformer forcthat much. load they install it for free
but you need a city permit for the tansformer and that can be denied or take months to aprove
I had them go ahead with the permit request a d they chaarged me $300 for the permit said it it was approved
 there would be no further charges

with european power costs u should have went with 1070s

um its always worth it, i get 29 mhs eth and 290 sia for 120. watt on 1070
also 29 mhs and 400 dcr,

if u dual mine its basically the same profits as zec most of the time

eth plus lbry would be real profit right now too

there was a post about why they are taking so long are they trying to colonize mars and it got deleted aling with all replies, it was funny but still a legitimate question , waves went live in three months even augur released their tokens in 8 months There is no reason for the tokens not to be released to buyers for this long

I'd not touch those b stock cards with a 10 foot pole man...

a 1 year warranty on a $200+ card is the definition of gambling, plus the card was refurbished to begin with, so they have a history of problems ?

last time i bought used video cards in bulk from a supposedly reputable seller online all my cards died after six months of heavy mining, they barely paid for themsleves are are now sitting in the trash
and I only paid 125 per card.  Paying 350+ is maddness man

typical fake news doomsday post , eth will never drop below $180 again In the near future too many
ppl waiting to scoop up cheap eth if thst happens just shut up man
just be honest and say u dont want anyone to join the goldrush you sir are pathetic

ethe to $40? come on bro.  I do agree that rx 560 are worthles for mining eth, look on ebay for 390s and nanos if you can find them , or wait for cards to be restocked

thats a good question i have around 300 rx 570 470 480 and 580
mix 100 sitting idle right now , should i sell them for 1070s since i can get $360 per card for em hmm

btw no pms pls

lol so they can kiddnap u and cut off ur head? no thanks Ill keep my high electicity bills

ALl my cards are RX series and Nanos  thank god, I tried running 290s in that basement a couple of years ago and it was an even larger disaster.

Had to sell them all.

Lol i love my rigs but the summer heat makes managing them a darn full time job ugh, I got my garage finally set up to migrate most of my miners
I'll post some pictures when i have time, its a pretty impressive power setup , cooling I have some ideas but no money to implement anything yet.

As long as i have a place to move half my rigs to thats all I care about, tired of the main breaking tripping due to thermal overload.

Funny thing is the basement exhaust fan i have somehow cools the whole house down quite nicely, unfortunately that single large 3000cfm fan is not
enough to keep my mining area cool enough so after around 24 -36 hours the excessive heat build up causes me to shut down my sub-panel.

Not the rigs the basement gets too hot and the main panel over heats so i have to shut down pretty much half of my rigs

some of the rigs lose cards due to heat as well, so I'm constantly restarting some of the problem rigs

 

that is all ....

price is too high bro ,2000 and it will sell