Now that Bitcoin is surging will altcoins be more profitable to mine right now? Is it a good time to buy mining rigs or graphics card? I need some advice, it looks like altcoin season is coming in hot this time around, too late to be a miner or not?
gpus are usually too expensive in the bulltime, for example 3080 for 1200 usd but on beartime, you can find them cheaper than msrp not sure if 3080 will apply here cause is a good gpu for gaming too. RX 5700 in 2022 will be able to find for $150 or less, 2022 is when I think the beartime will hit us again, it might be a bit ealier than that, now in bulltime, buying coins is better but pay attention that in bear time is better to buy coins too and wait few years till bulltime again. Also pay attention that once eth mining is over then other coins will also have a reduced earnings. I think this might be the end of gpu mining for all we know, be wise do not spend too much money on mining, might regret it later, rx 570/580 are still being sold for $150 only because people are paying as it is giving something back to miners but once it has no use anymore then not even $50 will be worth, the same can be said for the rx 5700. Do it for fun as hobby, don't do for profit, is too uncertain what will happen on the next 2 years. ....or mining is just part of the portfolio I am getting this questioned asked by relatives and friends because they are hearing how BTC is almost $20000 and they basically want to find out "How can I mine 1 BTC with my Macbook". Basically they all think you can mine BTC (not alts) using computers still and want to know much many Bitcoins they can mine PER DAY with their $1000 Macbook.
When I explain to them about how it works, give them all the details, pricing and estimated daily profits, they either think I am lying or they are no longer interested because "I won't get rich making $0.70 per day per GPU that costs ~$150".
Almost wish I never mentioned to anyone I was involved with Cryptocurrencies.
hehehe he he heh eehe heehe he eheh he he.  ... i hate people. |
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Sometimes breakers are just slowly cooking
Yeah if you are just under and there is a small voltage drop say 120 to 110 or 240 to 210 breakers pop. and when they pop, they are dead...forever, toasted. my personal solution is increase the breaker amp capacity. for example, if you are maxed out and breaker keeps popping at 80A increase it to 100A, only do this if you know what you are doing, just don't add more load just because it is "not popping anymore" my solution is not in the electrical code, codes are there to guide and make things as fool proof as possible. just think about a breaker, it is just a switch (contact points connect and disconnect--> this is the weak point), there is no way it can match the electrical capacity of a solid (no connect and disconnect) wire, good high quality more expensive wires will perform. I have not tested all the breakers and brands but this is from experience. BTW LOL at ETH mining profits, the 3080's are starting to look cheap hehehehe well I was just thinking this. wait i'm not done yet hehe.. ----snip---- 12A for each extension wires x 8 = 96A, you'll never reach 2500w load for extension wires, why? they have breakers and fuses too (if this fail solder a solid copper) besides two (3x gpus to 4xgpu 3080 rigs) will never reach 2500w. example: 300w per card x 8 = 2400w... my favorite x3 card is 1800w only (I used 300w per card means i added the whole system to make things easier to digest/understand)........this also means you are not going to reach 96A for wire and 100A for main breaker, this also means that 80A breaker will slowly cook and pop from time to time, same thing with those 20A breakers. 300w per card analogy means you can also setup dense gpu rigs, 3080 or 3090 top of the line power hogs hehe the key is outlet management. maxing out wires means you are taking responsibility off from the breakers to you, just like you login in an operating system as "admin". so "know your wires"my drawing is simply the "essence" people can figure out their own wiring scenario from this basic guide/principle. what i mean by 80A to 100A and 20A to 30A is replacing 80 by 100 and 20 by 30 to max out the wire and not have the trouble of popping and toasting breakers. electrical code says #4 is 70A and #12 is 20A breaker, LOL of course low quality wires will only do as low as 65A-70A, that's why like i said, it is to make things as fool proof as possible. good quality #4 wire can do 95A.....same thing with the #12
and don't use 12 gauge on 30 amp breakers. even if it is high quality.this is not code in usa so I have to warn you.codes would be #2 for the 100 amp breaker sub box and 10gauge for 30 amp outlets I ran a #6 from my main breaker to a 2 circuit sub panel and 10 gauge to 2 outlets. I used a 50 amp 240 volt breaker in the main box to a pair of 30 amp breakers in the sub panel. Lastly I attached some high quality 20 mp voltage regulator to each circuit . so 50 amp to 2x 30 amp to 2x 20 amp yeah it limits my garage to 32amp of 240 on spilt on 2 protected circuits but I am okay with this. My garage gets really fucking hot if I run 30amp x 240 = 7200 watts of power 24/7/365 unless it is 40f or lower what I mean by "can do" is "wire rating" not "continuous load", thanks for pointing that out, it can be misleading. I forgot it was a 70A breaker to 100A change...the breaker was in storage for years so if forgot hehe https://www.cerrowire.com/products/resources/tables-calculators/ampacity-charts/see the link there is a 65A to 95A types for #4 wire and 20A to 30A for #12 no worries load will only have 65A-70A max for continuous load. notice the standard consumer/end user outlet of 15A? and the off the shelves/commodity extension cords with 2500w rating (12A at around 220V)?....that is 80% max load at 20% allowance. even the extension cords should be used at max load of 1800w - 2000w max for continuous load, 2500w is also just a "rating". notice at 8 outlets of 9.5A load each is 76A (2000w load at 210v-->worse case scenario of voltage drop)...at 1800w per outlet you are safe. two gpu rigs with 1300w PSU each at around 50% load for maximum efficiency, that's only 1300watts for two rigs, if you run at less efficient then you can pull up to 700watts more for both rigs (1800w-2000w max load for extension cords). same thing applies at the 95A wire at 80% load is 76A, so 70A is safe  but then some people think they know what they are doing even if they do not...so if people start asking me questions, the answer: "follow the electrical codes!" LOL |
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Sometimes breakers are just slowly cooking
Yeah if you are just under and there is a small voltage drop say 120 to 110 or 240 to 210 breakers pop. and when they pop, they are dead...forever, toasted. my personal solution is increase the breaker amp capacity. for example, if you are maxed out and breaker keeps popping at 80A increase it to 100A, only do this if you know what you are doing, just don't add more load just because it is "not popping anymore" my solution is not in the electrical code, codes are there to guide and make things as fool proof as possible. just think about a breaker, it is just a switch (contact points connect and disconnect--> this is the weak point), there is no way it can match the electrical capacity of a solid (no connect and disconnect) wire, good high quality more expensive wires will perform. I have not tested all the breakers and brands but this is from experience. BTW LOL at ETH mining profits, the 3080's are starting to look cheap hehehehe well I was just thinking this. wait i'm not done yet hehe..  12A for each extension wires x 8 = 96A, you'll never reach 2500w load for extension wires, why? they have breakers and fuses too (if this fail solder a solid copper) besides two (3x gpus to 4xgpu 3080 rigs) will never reach 2500w. example: 300w per card x 8 = 2400w... my favorite x3 card is 1800w only (I used 300w per card means i added the whole system to make things easier to digest/understand)........this also means you are not going to reach 96A for wire and 100A for main breaker, this also means that 80A breaker will slowly cook and pop from time to time, same thing with those 20A breakers. 300w per card analogy means you can also setup dense gpu rigs, 3080 or 3090 top of the line power hogs hehe the key is outlet management. maxing out wires means you are taking responsibility off from the breakers to you, just like you login in an operating system as "admin". so "know your wires"my drawing is simply the "essence" people can figure out their own wiring scenario from this basic guide/principle. what i mean by 80A to 100A and 20A to 30A is replacing 80 by 100 and 20 by 30 to max out the wire and not have the trouble of popping and toasting breakers. electrical code says #4 is 70A and #12 is 20A breaker, LOL of course low quality wires will only do as low as 65A-70A, that's why like i said, it is to make things as fool proof as possible. good quality #4 wire can do 95A.....same thing with the #12 |
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Luck may find you if you are persistent, it may come from crypto or any other ventures. Good luck.
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Vosko i live on 30 acres myself....ive been at war with mother nature for the last 20 years!....i wish you luck Buying land should be approached with long term thinking, including plan B and plan C if things did not go as initially planned. You are not always strong to do anything you want on a land. If you got more rich from crypto get some commercial land and earn passive income. Don't get blinded by youth we all get to be old hehehe |
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Sometimes breakers are just slowly cooking
Yeah if you are just under and there is a small voltage drop say 120 to 110 or 240 to 210 breakers pop. and when they pop, they are dead...forever, toasted. my personal solution is increase the breaker amp capacity. for example, if you are maxed out and breaker keeps popping at 80A increase it to 100A, only do this if you know what you are doing, just don't add more load just because it is "not popping anymore" my solution is not in the electrical code, codes are there to guide and make things as fool proof as possible. just think about a breaker, it is just a switch (contact points connect and disconnect--> this is the weak point), there is no way it can match the electrical capacity of a solid (no connect and disconnect) wire, good high quality more expensive wires will perform. I have not tested all the breakers and brands but this is from experience. BTW LOL at ETH mining profits, the 3080's are starting to look cheap hehehehe |
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any find amd 6800 or amd 6800xt
Microcenter by me only received ten 6800... no 6800xt.. so the campers got them  Saves me the headache of driving 20 miles there and back and waiting in line just to have them say sorry. I guess I'll just pick up some 5600s on CyberMonday. It's just like the auto industry - they really have no incentive to lower prices because inventory is so low. Sucks for people who like to work hard and play hard. I spent some time every day for 2 months in order to get my 3 evga 3080 orders in. One was cancelled. first one is chugging along second one comes today. So 60 days maybe 20 minutes a day = 1200 minutes of my time 20 hours is a lot of time to be able to order some cards. And 1 is going to be cancelled. So far I have killed about an hour trying to get the new amd cpus I did not get one and I spent about an hour trying to get new amd gpus I did not get one. this is around 22 hours of time to order 2 gpus at a small premium I have a space issue more then a power issue so 80+ mh cards are more attractive to me right now. I have room for 50-60 cards. if they average 80mh I have 60 x 80 = 4.8gh if they average 40mh I have 60 x 40 = 2.4 gh I have power issues. popped the main circuit breaker a few times during the summer. I'm currently doing 3.2 gh ethash Sometimes breakers are just slowly cooking |
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In mining you need "temperature space" where the area is cool enough to run those 3080's, increasing fan speed of those cards are temporary fix or a minor fix.
Just like you need to have "electrical space" where you can pull enough amps from your circuit for mining to be worth your time.
Just like you need "dirt space" where you don't have to clean your cards.. like every week hehe
Just like "noise space" where you can still function as a normal human away from mining.
Just like "plain space" where you have enough room for those cards.
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If the 3070 is almost the same on a hash/$ ratings as a 6xxx card then I would go with the nVidia simply because their stream encoder is always worth it for resale value down the line and I assume their DLSS will be a little better than AMD's version. If you're going for maximum hash today without regard for resale then the older AMD cards seem to be best bang. Looks like the new gen is great for gamers and meh for miners - at least until tweaks have matured in a couple months.
I will keep my eyes out for a 3080. I am also. I'm at peak power threshold for my place. I've popped the main circuit breaker 3 times. I have to retire some older gpu and bring in more efficient gpus. I've retired all my 4xx/5xx and 1060 cards. next on the chopping block are some 1070. I've also been switching to more efficient psu (only buying titanium now) this is what I'm talking about, if your electrical circuit is maxed out.. you want BOTH efficiency and density. and you can upgrade bit by bit hehe anyway platinum and titanium both have peak efficiency at around 50% load. check/compute your load and take a look at specification, sometimes platinum and titanium don't have much difference in efficiency at 50% load. |
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it seems AMD will be the one needing an ETH pill this time with this "infinity cache" thing hehe
AMD has been working on a blockchain gpu, not sure when they will release it, 6xxx series are for gaming, the positive aspect of it is that miners will not purchase the 6xxx for mining if it sucks, so nvidia will not complain it, they will sell all 3080 they can produce eheh if of course eth breaks 2000 usd or more next year, if eth stays at this price then gameover ehhe, only idiots will buy gpus for mining. so far these blockchain gpus have lesser warranty periods and lesser resale value, it is still those "quality" gaming cards that delivers the $$$$...we may see a trend change but i doubt it since AMD biggest market for gpu is gaming (also with NVIDIA) so their best RnD and spending for quality (competing with NVIDIA) will be on those gaming GPU. imagine AMD saying to NVIDIA, hey we got mining cards....NVIDIA: who cares? hehehe |
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Maybe if some mining software can take advantage of infinity cache we'll see some good numbers.  its seems 6800 xt is the sweetspot at good price, 6900xt no sense to buy only 10% more compute with same spec with new tech hope miner dev can use the advantage of this, surely we wont see anytime soon need to grab 6800 xt for testing and gaming for moment waiting news from mining progress come up you pointed out only about performance, but if 6900xt is more efficient it can be worth it... like 1080 vs 1080ti, sometimes the top of the line can be a sweet spot too. anyway this (if) AMD and NVIDIA new generation of GPUs are around x2 of 5700xt in hashrate performance...this will be good for mining density it seems AMD will be the one needing an ETH pill this time with this "infinity cache" thing hehe |
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I russia video cards mines you LOL |
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you all forget that miners who are waiting for the new cards already own old cards....so comparing your "profit computation" of 5700xt vs "zero" is not applicable.
the argument that you get profit now is for the ones who don't have any card yet...the ones with old cards vs 5700xt is very minimal--so they can wait hehe.
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AMD has a perfect opportunity to pair or outperform Nvidia - this launch is very important and they need to win market share with gamers. Nvidia clearly was pressed with this launch; using samsung, large tdp, paper launch (basically). RDNA2 will very likely be power efficient...AMD is going to have their hands full balancing miners and gamers
that is why i didn't recommend getting 5700xt, if the new amd cards pair with 3080 performance you'll have old tech cards LOL. I still see 2x 5700xt as a better choice then 1x 3080 but marginally. Basically I can find and buy 5700xt for 360usd plus tax. If I could get the blower style 3080 in a few days I could pay 650 plus tax. as i can get ten percent off newegg. but the problem is I cant get those 3080s anyplace. Since i am making 1 dollar or so profit on the 5700xt and have mined them for over sixty days. many days i made 2 dollars on them. so 70 x 1.50 is 105 . so if i paid 385-105= 270 vs zero earned or spent since no 3080 to buy. At current rate my cards will pay off in jan or feb. the 3000 series clearly is not more efficient the 3000 series would be cheaper per mh if I could have purchased them. so for now mine with what i got. i mean 5700xt vs 6800xt, it was around a month ago when i say that..even if you can say 2x 5700xt is better than 1x 3080. 6800xt is just around 1 month away...now what if 6800xt is at par with 3080 or with negligible inferiority? there is no problem if you can easily sell and replace 5700xt but if not...well..you cannot win all the months in earning but you can prepare for more months or years to come |
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AMD has a perfect opportunity to pair or outperform Nvidia - this launch is very important and they need to win market share with gamers. Nvidia clearly was pressed with this launch; using samsung, large tdp, paper launch (basically). RDNA2 will very likely be power efficient...AMD is going to have their hands full balancing miners and gamers
that is why i didn't recommend getting 5700xt, if the new amd cards pair with 3080 performance you'll have old tech cards LOL. |
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The 3070 will be the greatest xx70 failure of all time to date. People will prefer to buy a 3060ti or a 3080 than the 3070 hehe
https://www.proshop.de/RTX-30series-overviewAre you sure you can buy the 3070? They will be snapped up by bots and store employees. A friend bought 10 RTX 3080 at $ 1000 apiece. He uses 6 pieces for mining, and he sold 4 pieces at $ 1,500 apiece within 2 days. Profit  I hope he sells the other ones he has because from the last leak, rx 6800xt is as fast as 3080. Nobody will pay more than 1000 usd for it in few days. nvidia 3080 price ended in $1000 or more, not around $800. competition is good, i have no problem switching back to AMD cards once i see good hashrates. |
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Been many years since the last GPU build i made.
Going to install Windows 10, on the old times had to install MSI Trixx to make the proper adjustments and use cgminer after that.
From what i read just need to install a miner software like CUDA miner and it does all for us.
Any tips on what software to use that makes the underclock and mining on the GPUs?
cgminer? Wow you must be a really old timer to use cgminer. When I started back in 2014, sgminer was pretty popular. People back then were mining litecoin type of forks and all my r9 280x gpus were using sgminer. I remember I always liked the layout of sgminer and prefer that style today compared to most miners which just scroll down. cgminer was way before my time, I don't think I ever used it even once. sgminer is a fork of cgminer from what I understand but what are the major differences? Was it mostly used for mining BTC or was it mostly used for CPU mineable type coins. I know that most ASICs use cgminer as the same miner software however don't know if any GPUs ever were used with cgminer. cgminer is still being used for scrypt mining in 2014, i think i didn't bother much with sgminer back then because cgminer just works and hash rate are just the same. |
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Two 5700xt hashes 108Mhs with 230w to 250w power consumption
Three 5600xt hashes 114Mhs with 255 to 270w power consumption
There's no big difference in terms of efficiency, at least in my opinion
Maybe the new navi cards will increase this efficiency
Most Nvidia cards I used to reduce TDP to 60% without any decrease in hash, but this 3080 looks very hungry power
In my country it's almost impossible to get one, there's no cards to buy, even the 3090 are out of stock
Right now, I would not touch any rtx 3080 at all, too many issues but as soon as the issues are fixed then I will think about buying one. The good thing about the 3080 is that you get a good performance without the need to change the bios, flashing bios can be very painful, I never bricked any but is better if you can avoid that. Also for management 1 card is better than 2 cards, in the long run running systems with 1 card the uptime is a lot better than running with 2 cards, so the uptime the 1 card instead of 2 provides pay off the electricity, I mean, take for example a system with 6 gpus and then a system with 12 gpus. The uptime a system with 6 gpus will be at least 5% more than the one with 12 gpus, also the more density it gives the less you need to spend with a second system, example, motherboards, memory rams, motherboard and so on. It may be unnoticeable for some people but every time a system restarts you lose from 1 to 10 minutes and sometimes you lose a lot more than that, so if a system restarted 4 times per day then you may have lost almost 1 hour and that is a lot. Well it is something to think about. cross post this from another 3080 thread...on the bigger scheme of things. even expanding to bigger mining farms (scaling), density is still a "major" feature. imagine managing 30 cards vs 300 or more cards, with bigger farms you will have another headache/expense --->someone/ a person skilled enough for that additional management/troubleshooting etc., space/shelves, and electrical lines and outlets etc..
at the bigger scheme of things, managing 500 cards vs 1000 cards you'll get how much reduced work is the 'minus 500'.. at 30 cards vs 60 cards you might not feel the 'extra work' very much.
remember ASICs expensiveness/price are not just derived from just being efficient it is also derived from being dense. like 1 unit for (insert very high hashrate here)
anyway what i would like to know about 3080's is this...gamers run at 100% tdp (the issues is here) since it is all about fps, but miners run at 70-80% tdp, at 70-80% tdp are these cards stable?...it seems stable enough. |
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@ metroid
you double post the beamhashIII
anyway it seems 3080 is basically around x2 of 1080ti..as usual best settings are in the 70%-80% tdp.
3080 is the clear successor of 1080ti.
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~~
no way ! What?! This year? Not talking about this year, neither last year what are you talking about.... Bogdan aka gawlea left this year, so did Adorid raetsch and the rest who didn't left last year your team fallen apart because you are a bunch of scumbags liars i left? i am not active anymore but still running the wallet server and will continue with that. i am not contributing anything, yes. just a lack of time due to more important stuff than "earning money". but i am still up to date to most things. and time will change, when my other projects need less time, i will do more on bismuth than just providing infrastructure. Your retchy server is your business. Nobody will caress your head, feel your hair or give you a candy for that. The era of informational douchbaggery is upon us, which underscores that people are busy with their shit and are in general quite lost in the galaxy of new information which comes to spotlight every moment. We just do what we do best: take money from the guy next door and leave. Nobody stops to give something a try. Nobody cares. hm, what? See you are the one who lacks understanding LOL..want me to explain it to you?...or you are just pretending you don't? "Tarz" is either a text generating bot, or some strange guy (group?) having fun by posting realistically-looking nonsense. There are several accounts of such kind on Bitcointalk, all posting nonsense using the same style (quite interesting style, if you ask me, they look to be inspired by contemporary mainstream literature - maybe detective novels..?), all posting meaningless, rude and often profane tongue-in-cheek remarks in Bitcointalk threads for the last few years. Another one of those is called "Gash", others I don't remember, but can find them if you are in doubt. Look for his posts - they are all the same, and take into account he never answers. this makes it even more hilarious hahahaha  |
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