That actually looks like a nice case for its designed purpose, which is a high density deployment in a server rack. The price is a bit high, but as you said it is already modded somewhat for GPU mining, so it save a bit of work which is worth something I guess.

I like the pictures you have taken so far, however would you be able to take one or two more detailing how the GPU fits on the bottom support rail a bit better. The question I have are how much clearance is there when the riser board and cables are attached. Also is the bottom rail adjustable at all? From your one picture with the yellow circling it looks like it is with 4 positions possible, but would be nice to have this confirmed.

Very well then.

I guess I wasn't thinking about it from that angle, I was simply mentally adding it up in my head to see if I was interested or not and thought it a bit high.

But yeah, I guess $300 isn't bad to ask for the build and help getting it setup for someone new to mining. Good Luck!

This is the only post in the whole thread that even attempted to give you good advice. Everything else is just trying to skirt around the core question, is your boss ok with it? Unless you own the company all by yourself, you will answer to someone else, as even CEO's answer to their company's Board and stockholders.

If your boss does agree, it would be a good idea to get it in writing, such as an email rather than just as a verbal agreement. They may not fully understand the implications at the time and may go back on you if something would come up down the road.

You have no idea what you are talking about. When BCH forked it inherited the difficulty of the Bitcoin chain at the moment of the split. This means the chain only has maybe 5% (last time I checked) of Bitcoin's hashrate and all of its difficulty.

Sure there is a difficulty adjustment in place that will eventually happen, but they need to mine enough blocks to get there. While some supporters will forsake profits for a little while to help give it a boost, those big miners paying $1,000/day in electric bills are not going to be quite so generous.

Yep, I remember mining ETH back in fall of 2015 and was making only 2:1 in profits and considered that good. This means if I was making $300/mo in income, my electrical cost was $150, or in other words only netting $150 per month after costs. Of course this didn't even consider things like ROI as I was using equipment I had leftover from back in the scrypt mining days.

The true profit came by holding on those coins, but what is different is that was on the front edge of the run-up in price, now we are on the back end. So we will never return to those days as far as potential with Ethereum and plenty of people already have thought about their "backup" plan to switch to another coins, so it is doubtful any of the up and coming alts will see future performance like Ethereum did.

The last time mining profit was even close to this was the scrypt (Litecoin/Dogecoin) profits back in 2013 and very early 2014. Since then there was a three year drought of low to no earnings and at times even I turned off my rigs completely, at least the ones I kept and didn't sell.

Point in all this is you better start getting comfortable with only making 2:1 profits and probably less for a period of time and forgetting about anything less than at least 2 year ROIs on any new hardware you buy. The good times for mining are going to take this winter off and maybe take an extended vacation throughout the summer of 2018. So unless you are really in this for the long haul, just get used to watching that difficulty number climb each day and your profits shrink.

I agree that now is the time to sell your cards if you can as you can probably buy them back in a month or two for less (kinda like shorting your GPUs), but I would caution on the avenue you choose to use.

If using Ebay, keep in mind they have a very forgiving policy that allow buyers to make some bogus "not as described" claim even weeks after the fact and get a full refund.

So imagine this scenario, you are an Ebay buyer of not so strong morals and buy up a few of these overpriced used cards. In a few weeks when the true panic selling starts, and they can buy a brand new card at their local store for less than they did your used card, what do you think is going to be happening in mass. Most of these buyers are using new throwaway accounts as well, so they could give a rip about any repercussions, which rarely happen anyway. I can tell you they are not just going to be stuck with that used junker when they can go buy a brand new shiny for less.

What Phil said. In a month you will be lucky to still be making even half of that. In two months you will be doing good making 1 ETH/month.

Also a few dollar rise in ETH is not going to compensate much, if at all. If you mined 5 ETH/month at $200 you made roughly $1,000/mo. So unless ETH is at $1,000 in two months, you will be losing even more.

You should have took his offer, that was a very generous considering what you are selling.

GPU - 4x Asus Radeon RX 580 4GB  ~$200 each when new ($800)
MOBO - Asrock Z97 Extreme4  ~$100
RAM - 4GB of ram  ~$20
CPU - Celeron G1830  ~$50
PSU - EVGA 1000 GQ, 80+ GOLD 1000W, Semi Modular, EVGA ECO Mode, 5 Year Warranty, Power Supply 210-GQ-1000-V1  ~$140
RISERS - 4x 6-pin PCIe powered riser  ~$40

I only come up with about $1150 in value, and that is brand new pricing. Since it is now used you should reduce this about 20%, or to around $920 for the lot. I think the best you could hope for is around $1,000 shipped.

This is a crazy market, people buying overpriced hardware at retail to get rich mining, and then failing that trying to turn around and sell that used hardware at prices that are still above normal retail prices.

I looked at the H110 board as well, but decided against it. The reasons were similar to those posted above, with the main one being if I lose that rig I lose 13 GPUs worth of mining for a period of time instead of 6 or 7. Also the need for two or three PSUs' depending on the cards you use.

The price of the H110 right now seems to be about what 2 H81's would cost, maybe a bit more. So sure you have the expense of an extra CPU and memory stick, maybe $60-$70, but other than that everything will be much the same, just with extra headaches.

For me, 6-7 GPU rigs seem to be the sweet-spot and I will continue to build these for now. If the price of the H110 would come down some to make it a bit more competitive with the 7 slot mobos, I might consider running it with a 2000 Watt server PSU and only run maybe 10 cards.

If you are asking if it will be GPU mine-able, I highly doubt it. While I am sure it will only get a fraction of BTC's hashrate, you need to remember that mining BTC has been ASIC only since early 2013.

The best case scenario, would be some early Bitcoin ASIC hardware might be useful again for a month or two. However, there are many people who support Bitcoin Cash who do have modern hardware  and who will be switching some portion (or all) of it over.


I decided to look into this bit more after I posted the above. With the new information, I think only mining hardware acquired within the last year would even be viable on the BCC network, so disregard even the early ASIC equipment comment I made earlier.

Here is a link I found that shows some of the historical Bitcoin difficulty numbers:  https://docs.google.com/spreadsheets/d/1DQYQOLsB-pJWGu5e8CXF4vkxdYHEJDOyxQptBmC_030/edit#gid=0

I remember moving away from GPU of mining of BTC and moving to alts such as LTC during early 2013, so let's look at the difficulty at the beginning of that year as an example.

The January 8th, 2013 difficulty shows as:   3,249,550

The latest difficulty is: 860,221,984,436 (https://bitcoinwisdom.com/bitcoin/difficulty).

This represents over a 250,000x increase in difficulty over that time span. Also the block reward back then was 50 BTC/block versus only 12.5 BTC/block today.

Anyway, even if BCC gets 1/10th of BTC's current hash-rate, the BCC mining difficulty might eventually drop down to ~86 Billion. In other words, this would mean a GPU will have a roughly 25,000 as hard of a time to find a block as it did in early 2013.

I am not going to knock Nicehash, as there are a good way to mine if all you are interested in in cashing out into BTC as fast as possible, and are a good choice for new miners. To answer your other questions though, yes you do make more by mining a coin directly on another pool.

If you only have one or two rigs, then the difference may be negligible and you will not lose out on too much. But once you start getting a fair amount of hash power, then the 3% fees and variable market rates can start cutting into your profit margins.

Remember, NiceHash is not paying exchange rates, but people are bidding and buying the hash power on a continual basis. This normally matches up pretty closely with live exchange rates, but not always and is on average a bit below what you can get by selling the coins directly yourself.

With Nvidia cards, especially the 1080Ti's. while you can mine Ethereum and others, right now the best bang for the buck is with Equihash (Zcash) mining. You can net $2+ per card even at today's depressed pricing. However, if you can hold on to your coins a little while, keep in mind that Zcash was recently as high as $400.

So it comes down to how you want to mine. If you want to automatically exchange each day at the current marker (or close to it) rates and not have to think about it too much, NiceHash works fine. If you want the earn the most possible, then you will need to mine a coin directly and yes this means checking market rates periodically and choosing the best times to trade your coins.

Yes more details of what you tried already would be useful, otherwise we are just spit-balling here when trying to offer help.

One obvious question is did you completely power down the rig in between attempts?

The reason I ask is that when messing with utilities such as MSI afterburner, they are making changes on the GPU hardware itself, such as adjusting parameter to the voltage controllers. When these lock up, the (bad or unstable) settings will stay locked in until power is completely removed, meaning a complete power shutdown and not just a reboot.

OmiseGo comes across to me as more of a traditional stock or investment. What I mean is they had little publicity in the crypto world, but already are somewhat established in the traditional markets with a working product, agreements with payment processors and vendors, etc. This is how traditional company funding was typically acquired in the past, you had a prototype of sorts working and just needed funding to grow big.

This is the opposite approach of most current ICOs in that a lot of these have no working product and little more than a copy/paste whitepaper with a few things changed, a website with some name dropping (sometimes the people aren't even aware they are listed), and an army of paid hype promoters posting all over the place how great xyz ICO is going to be.

So while there has been some recent low-level hype of OMG as people are becoming aware of it, to me OmiseGo is the understated ICO that actually has a lot of real potential going forward.

So now for your question, you ask if it is going up after August 1st. Well no ones knows for sure, but this type of question seems to me to be a concern more for someone who simply wants to make a quick buck. If that is the case, you may be better off with one of the ICO's of the week and cash out as soon as they hit an exchange.

If you want a long term investment in a company that may actual grow and have a future, than I think OmiseGo will make a good investment. While it probably will not shoot up overnight, I think it has more the potential of a slow and steady growth over several months and years.

The first question you need to ask is are you debt free? If you do not have a house payment, car payment, student loans debt, or cc debt, then that's a good first step. The reason why this is important is because debt is the opposite of trading in that you are losing money just by keeping such debt.

The second question is do you have enough capital saved up to not only trade with, but to pay your living expenses for the next 12 months? It will take 12-24 months to become a consistent enough trader to develop a regular income. At first you may get some wins but then a loss comes along and brings you back to break-even or worse, a loss. You need time to develop the skills and patience to become a successful trader.

You should also have enough upfront capital to take advantage of trading. For example, if you had enough to control say 1000 ETH, you could actively trade 10% of it or 100 ETH and make $100 for every dollar Ethereum moves in price. This way you don't need to hope for those big $20 dollar swings, although they do happen. By being happy for say a $5 move, you can make a quick $500 and get out and be ready for either the market to move up or down, which you will need to be able to do on the fly if trade full time. The other 90% doesn't need to be in ETH, could b cash, BTC, stocks, etc., but is an example reserve amount you should have at all times. This way if you totally wiped out your 10% stake, you will have the psychological power to get back it as it was only 10%. If you are risking 100% of your wealth, one bad trade could end you.

That does not sound good at all. Did you buy the motherboard new or used? If new, I would suggest trying to send it back right away, as both sellers and manufacturers are wary of honoring the warranty on motherboards with bent CPU socket pins. You could perhaps try to claim it was bent when you received it, which it may have been.

I have thought that myself.

There were some earlier threads on the subject a week or so back on the upcoming GPU selloff panic and I know the sentiment in the thread seemed more concerned about buying a lot of the cards up cheap then panic selling off themselves.

When the true panic selling hits, there won't be much interest in buying old hardware as even the manufactures will need to put their new cards on sale just to compete with the GPU deluge that's about to hit.

Right now the secondhand market consists of just a few people trying to get out ahead of the crowd and lock in a premium price for their used cards while they still can.

Ahh, all these articles are a bit premature I'd say. Just looked on eBay and while there were more cards available than a month or so back, sellers are still charging premium prices.

A quick search for used AMD RX 580 8 GB cards only returned 66 results. Sorting by price+shipping lowest first, there were only 10 available for under $300, with most of them actually pushing the higher end of this range (closer to $300).

For reference, when they first came out, I was able to pick up MSI Armor RX 580 8GB cards for $189.00 each, shipping included. Now, the cheapest used one I could find is currently bidding at $311 + $11.65 shipping. The lowest priced Buy it now I could find is $370, shipped. The higher quality GamingX cards are still getting close to $400+.

So yeah, cards might be starting to trickle back online, but unless you want to pay 2x retail price, it is not by any means a flood of cheap cards.

Give it another month or two, and when buyers are competing to underbid each other than we will see the true flood. I expect to see the above example MSI Armor RX 580 8GB go for sub $99 or about 50% retail soon. Even then it will not be economical for most people to jump back in to mining. Once these start bottoming out at around $50-$75 each would it be a good time to consider picking up a few. Of course, I will actually be keeping my eyes more closely on used Nvidia cards, as with their better power efficiencies, I think they will be more viable option with more algorithms going forward.

Unfortunately, I think the drama has just begun.

Even if BCC fizzles away to nothingness (which I doubt as see my comparison above about the similarity of this to the ETH/ETC split) there will be other threats to Bitcoin. Now that someone has challenged BTC by forking the chain directly, I think it will lead to a spat of such attempts for every minor thing going forward.

Also, there is a coordinated effort for this by moneyed interests. See Kraken's announcement about supporting BCC the instant the fork mines its first block on the new chain. We also know slimy Poloniex will be at the trough as well, even thought they posted a we are undecided message, we know they were the first big exchange to introduce ETC trading in the middle of the night with no advanced notice before, so why wouldn't they do so again.

Once two or three big exchanges are supporting it, people will be demanding the other exchanges do as well. So like it or not, once you have a certain critical mass of people supporting it, for whatever reason, it will have staying power.

True, the question is how long does the circle (cycle) take to come around again.

This is same pattern that happened back when Bitcoin could be mined off a GPU. Once the asics started squeezing GPU's out, there was Litecoin, Dogecoin, and a few other flash in the pans to fall back on and mine for awhile before overall GPU mining profits dried up to the point only hobbyists and those with extremely low cost or free power could make a buck.

So while Ethereum and a few others, as well as Zcash and clones can spin a profit, it is slowly going down day by day much the same as back then. So short of a new "Ethereum" launching (meaning a GPU mine-able coin that can generate the same interest and profitability as that of Ethereum did) mining with a GPU is soon to move into negative profits for most.

Again, I see the days of cheap GPUs and mining rigs flooding eBay and Craigslist coming real soon, possibly by the end of the year.

That will be my hope as well, but I remember reading something awhile back where the BCC people bragged they had millions in reserve to handle the fork, at the time I think it was for BU or something, but anyway there was an indication of a lot of money invested in pushing their version of the fork. So now if they changed tactics and will support BCC for awhile, much like I think special interests supported ETC in its early days by keeping the market price artificially high until it found support, it won't simply die and go away easily as we would like.

I don't kid myself for a minute that most people here are here for the quick money that can be made and they could give a rats behind about the tech or which coin is number 1 as long as they can make a profit. So if the split gives them free coins with some value, then I do not see BCC going away anytime soon. I can see it (BCC) dropping down to $100 or even a bit under, but that is no means a recipe for disaster as it wasn't too long ago that BTC was trading at these levels.