I guess if electricity is dirty cheap or for free will be better to get two 1080tis instead of one 2080ti
2080 is close to the same price as a new 1080ti, same performance maybe a bit bettee and no optimized miners yet. 2080ti is a big bust 2080 is ok and better than a 1080ti |
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I don't know how much I would trust these specs. We all know it was going to be 12nm, however looking at https://videocardz.com/ there are no leaks of any kind related to anything to the newer AMD GPUs. I am sure if they were going to hit the stores soon they would of been leaked somewhere by now. Either way, I don't see much demand for these GPUs. The ETH price is still low and in about a month there is going to be an issuance reduction. Many people already find it unprofitable, with the 33% loss of ETH block reward, many miners will be out of the game. The demand is for gamers, miners seem to forget most gpus are bought for AI farms and gamers, mining is in normal years a tiny percentage of sales. you can see from the 2080s and its tensor core they give a flying f about miners |
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price is more important for these cards, it it is say $250 and bettee than a 1070 power use and hash rsat it would be the go too card
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Rx480 / 580 video cards give about 900 hashes in Cryptonight. The RX Vega 64 gives you 2000 hashes. On this algorithm, "RED" graphics cards were always in the lead.
Perhaps there will be new algorithms on which 2080/2080ti will show an excellent result.
But do not forget that in 2019 new versions are expected from AMD
Rumours say next week for "RX670" and next month for "RX680", just same good old Polaris in 12nm. 15% more perf to be expected for same power draw. amd comes theough again, basically thier version of a 1070, cheaper too i bet |
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Sorry to gone MIA -- update: I cranked up the AMD farm today and started mining XHV - crypotonight-heavy algo
Sorry to be that guy but XHV is no longer cryptonight-heavy. They forked and made cryptonight-haven. Seems that XHV, TUBE still under Heavy algo / variant with new forks Haven for Haven Protocol and Saber for Bittube. Anyways, Cryptonight still alive gives some hope to GPU mining with a lower power bill. yeah but is it profitable? , ethereum after power costs is still more profitable for my amd rigs. not the vegas of course the rx cards. My 100 nvidia cards are on eth atm but ill move most back to awesomeminer profit switching, I just hate the slow btc payouts compared to daily eth payouts |
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Thanks was an honor  my audio was a total bust but gives me an excuse to bug crazydane for an updated one! Sure! Maybe once I get all my miners situated in/near my shop this spring, would be a good time for a follow up. Would love to see an update on your farm and how things are going! For some reason the pictures on the original first post aren't showing. But I appreciate you letting out all of this information and how you set everything up. I do have some questions as I am looking to bring my farm onto a solar system. Currently running 27 1080's and 8 1070's pulling roughly 4800kwh depending on the algorithm to be safe lets just say 5000w. I live in Texas where we get lots of sunlight throughout the days. While running the farm for 24h on 240v pulling 5000kwh, how big of a solar system do I need? I've found a solar calculator here: https://www.renogy.com/calculators/#tab_size-ongrid that says I would need at least a 33.3k solar system which would come out to 111 - 300w solar panels. Is this calculator right? Or would I only need a 5000w solar system since that is all the power I am wanting to consume? I also am debating between on-grid and off-grid systems. I only really need the system for the mining farm and not focused on providing electricity for the house though if possible it would be nice, the house is using between 1000-2000kwh. What are the benefits of both on-grid and off-grid for a mining farm? I have the power lines running into the house breaker box then wire running into the garage where I have another breaker box with multiple 120v plugs and one 240v plug. Where would you set up the solar system? Directly to the 240v mining plugs or into the garage breaker box? Where does the solar system plug into? Also say your solar system doesn't provide enough power that day, how would you go about swapping between solar and using the electricity companies energy to insure the farm stays up and running 24/7? Lastly is there certain panels or a company you can suggest? Thank you for taking the time to read this and I hope to hear back from you! - Badoggy. 111 300 watt panels is way more power than 27 gpus will use, in the day at least lol, thats like a 30kw power system. a 10kwh system is like 20 to 30 panels , thats more in your power range |
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the 2080 is pretty good on progpow mining bci it will do about 23.5 hash at 168 watts a 1080ti will do about 21 hash at 200 watts I don't think it does better then these improvements on any other al-gore-rythm  but it may be the best card if you only want to mine BCI interesting numbers. It makes sense , progpow uses more of the GPU than other algos so it should do better on a more power compute platform. BCI is not enough though, maybe if more coins switch to prog pow 2080s might be worth it. Actually a new 2080 and new 1080 TI are only within $100 of each other so might be a decent buy... If i was buying gear .. which i sure as hell am not lol |
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biffinex wallets open now
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Surprisingly high power consumption. I was expecting better "per watt" results. If new cards make significant impact on prices for older graphics cards 1080 will be better choice. The only thing we need is a new bull run  yeah the power use is really concerning |
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wallets are open on biffinex
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Why not sell your rigs and invest that money in eth instead,this way you are injecting fresh money in crypto instead leaching it out eventualy(just using you for example)Also you will probably earn more with swing trading eth then mining(especialy after block reduction at the end of the month)You could use them as a heating system in your house to further negate the cost of runing them,my ti rigs are using arround the same amount of money for electricity that i would give for gas heating(and are doing better job of warming up the place) One of the best advice i ever read on bitcointalk So sell my rigs basically for nothing right ? Then invest that nothing into something what maybe going to crash maybe not . Thats a stupidest advice i ever heard "Swing tradings" have fees also its not free More trading platforms are using " getting to know your customers " rules , so you also have to pay taxes after your " swing tradings " sooner or later .... Im living on the south , so no heating is need it here, maybe a few days a year in January Why not just keep mining and making a few 100 or 1000$ a months without any future investment ? Dont forget with GPU rigs you can switch algo within a few minutes , and actually a few coins already out there, which is more profitable than ETH  The biggest questions is always how much you paying for electricity with all the taxes, fees and you get your ROI on your investments or not If you get your ROI and paying 0.1$ or less / kWh including all taxes/fees, your rigs are really optimized for power usage/best hashrate ratio, you have nothing to lose :-) And you definitely can make a few extra $ / months I would call this a free, easy money Most of you who is complaining about mining profitability, never going to get my ROI, probably jumped into mining in the last quarter of 2017 or first quarter of 2018 or later and paid a hefty price for your gpus ... I paid for almost all of my RX480/8GB cards under 200$ with shipping/taxes in 2016 summer ... lol exactly, just give your rigs away so you can invest those peanuts in crypto that drops like every week this is exactly why this forum has gone to dogshit between the bitmain asic shills and the wolves in sheeps clothing trying to trick the newbs into giving thier gear again for dirt prices... then the fake hardware and fpga sellers , Im glad like you i bought all my gear in 2015 and 2016. everything paid for so i have no reason to decive others snd even back then i would rather keep my trap shut than straight up tell people to do what i knew to be dumb |
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Why not sell your rigs and invest that money in eth instead,this way you are injecting fresh money in crypto instead leaching it out eventualy(just using you for example)Also you will probably earn more with swing trading eth then mining(especialy after block reduction at the end of the month)You could use them as a heating system in your house to further negate the cost of runing them,my ti rigs are using arround the same amount of money for electricity that i would give for gas heating(and are doing better job of warming up the place) this is stupid advice, the market for used gpus is at an all time low, Wtf would he sell his gpus NOW when gpus are selling used forc half what they went for in december last year. Idiot.. , thr time to sell cards was back in january now if you already have gear either hold it or mine with it shame on you for such bullshit advice when you know its the WRONG advice |
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A great compilation of data and yes, the energy consumption for the mining of Equishash coins has dropped significantly but day by day the majority of the net hash is growing under ASIC territory which is not good for GPU mining, thus more and more centralization to the ASIC companies.
I'm not against ASIC but the companies who manufacture ASICs and their bad market practices.
as more asics hit the network those 3x energy gains will be further eroded, remeber gpus are more sophisticated devices overall than any asic , so there upper limit of how many gpus can bec added to the network is alot smaller. as more power and larger asic farms hit we will see close to the same old oower use, they only difference is a way higher global hashrate and difficulty. same thing happened with bitcoin. |
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Nice try Vitalik .....
You made my day. vitalik actually hates miners , he only cares about eth programability and pos and scaling he literally hates pow |
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Still profitable for me I pay $0.049 for power and my rigs are two years old. But I don’t mine ether better options right now. No idea who will mine eth when the block reward drops by 1/3.
The price will have to rise 1/3. I doubt it will rise that much , right at the fork but look at btc , its gone way way up since its last fork, from like $1200 to 6500 |
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They must need optimized miners or something, this seems leven worse than the 2080ti price per watt.
a 1080ti does 28 mhs at say 280 watts, does not crack 30 tho so 18 to 28 at powerlimit 80 on raven
if a 2080ti is 35 to 45 at 260 watts at 80 percent thsts bad considering the card costs near double
I would choose from the following modes for ravencoin: Power Limit at 70 Range from 25MH / s -42MH / s Average 35MH / s @ 235W (whole system) -1MH / s 172W GPU only -26W 0.2035 MHs / W +0.0217 And if we compare the last mode with the PL60 for raven, then we get twice less consumption compared to what you wrote. Not such a bad result. id still go with a 1080ti at 80 powlim at half the price Half the price means those cards that has already been used already? It's really hard to find brand new 1080ti's right now. brand new $699 seen them as low as 649 |
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very nice opinions, thanks for all.
just to be clear. I bought my cards at 50% off "retail inflated prices". I got most of them at 220€ or 250$, so i was not rekt by the hype, and did not buy my cards at any costs. I did manage to buy only at prices i was ready to buy, and not obviously retail prices, that were much higher. In Spain most Sapphire RX 580 nitro+ 8gb were around 459€ or 528$ from the biggest retailer here in Spain, called PCCOMPONENTES.
the idea of heating my house is not an option, i mean, i live in Valencia, i see the sea through the window, so i hardly see 0ºC anytime. Last year, with higher prices, i used this system for heating. Nowadays is just not profitable anymore. it doesn't make sense.
What it's very obvious for me, is that no matter if you pay 0,05cnt/kWh or less. You are at a loss right now. You need ASIC + totally free electricity to get green money on your pocket. If that's not the case, you are losing money.
What is obvious for me, and many of you have said it, is that there is ACTUALLY NO FACT, REASON, ARGUMENT, TECHNICAL ANALYSIS OR WHATEVER to see ETH pumping in price. Noone has a clue, but we've had 9 months of a total crash, and the coins are at lows, but noone is buying. bulls are hardly able to hold small values for the coins. There is a huge resistance to pump the coins and i don't think it's reasonable to pump money on mining right now.
It makes no sense.
what ?! even at 7 cents mining eth and xmr is profitable, yeah its not 3x profit like it was last two years its still profit. EU vat really inflates the price of gear so you will have a longer roi but that’s just one part of the world to answer your question, we have to stablish a base line. What's the meaning of PROFIT, for you? is winning 40$ a month what you would call profit??? Because that's the most you will get right now with an E3 paying 7 cents (suppose taxes included). only fools buy asics , i have 30 rigs so thats like having 30 E3’s. all the miners still in the game have either cheap power or thier rigs are paid off... or both. 30*40 is $1200 for basically just running ny rigs. again $1200 only if i sell when the market is down x4 which to me is dumb in instelf so in reality when I do decide to sell i wil be selling at at least 3x which is closer to 4k or higher. the problem is there are too many ppl like you who jumped on the bandwagon last year and are super shortsighted thinking about only the present. even if i was braking even only i would still mine and so i could hold some cryto and pay part of thr power with my paycheck. three years from now more newbs will post how are you guys able to mine with these expensive new fangeled gpus , not understanding that we have been through the head fake cycles already and made a kiling holding what we mined back in 2018’s bear market. the fact that you even mention the E3 shows how little you know, anyone who really is into mining gpu style and speculating on different algos and coins would never buy something as one dimensional as the E3. maybe batch one for $800 but these current batches? fuck no when I could build a rx 570 rig for only $400 more and mine like 20 other algos. |
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very nice opinions, thanks for all.
just to be clear. I bought my cards at 50% off "retail inflated prices". I got most of them at 220€ or 250$, so i was not rekt by the hype, and did not buy my cards at any costs. I did manage to buy only at prices i was ready to buy, and not obviously retail prices, that were much higher. In Spain most Sapphire RX 580 nitro+ 8gb were around 459€ or 528$ from the biggest retailer here in Spain, called PCCOMPONENTES.
the idea of heating my house is not an option, i mean, i live in Valencia, i see the sea through the window, so i hardly see 0ºC anytime. Last year, with higher prices, i used this system for heating. Nowadays is just not profitable anymore. it doesn't make sense.
What it's very obvious for me, is that no matter if you pay 0,05cnt/kWh or less. You are at a loss right now. You need ASIC + totally free electricity to get green money on your pocket. If that's not the case, you are losing money.
What is obvious for me, and many of you have said it, is that there is ACTUALLY NO FACT, REASON, ARGUMENT, TECHNICAL ANALYSIS OR WHATEVER to see ETH pumping in price. Noone has a clue, but we've had 9 months of a total crash, and the coins are at lows, but noone is buying. bulls are hardly able to hold small values for the coins. There is a huge resistance to pump the coins and i don't think it's reasonable to pump money on mining right now.
It makes no sense.
what ?! even at 7 cents mining eth and xmr is profitable, yeah its not 3x profit like it was last two years its still profit. EU vat really inflates the price of gear so you will have a longer roi but that’s just one part of the world |
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i know what im saying. there project is utter shit and a waste of space. it will never be efficient form of decentralized storage (its purpose). no one will pay more for storage on a blockchain that isn't a 100% means of protection. they even themselves said it's efficiency, even with asics, is not cost comparative cost wise to any other storage offering. now we downing the hash.. lol this project is fucking 00000.. empty ur bags asap.
I think You don't know what You're talking about. Storage cost has nothing to do with mining efficiency for SIA network maintenance. Ex. before/after SIA ASICs, storage cost was/is order of magnitude lower than other storage market prices. If You don't mind reading about SIA storage technology, You would know that data protection is on higher level than other functional cloud storage options. No matter how good is this forking for SIA hodlers, my opinion is that technology behind SIA is so good that developers will regret in future for sharing their storage market with another SIA_ASIC coin. the sia asic fork will die lol, whose going to develop for it.. bitmain? gimmeca break they cant even do thier own business chip design right, thier last hit was the s9 back in 2012?! the asic fork will go the way of the dodo like monero classic lol |
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Fork from within side? Obviously he used a translator he can’t be bothered to even use proper english on his rant
smh, shows the utter disdain bitmain has for us lol.
Actually go watch his presentations. He speaks english and it just makes you sound like an asshole for calling someone out on mistakes they made on the second or third language they have learned. hes a ceo of a multi million dollar company, the fact that you say he speaks goos english makes it worse, my 12 year old brother writes more coherent text messages than this fools tweets. fuck him and fuck bitmain , If its not his language tweet in chinese then and let us translate hes dumb for posting some so incoherent |
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