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I lost $8000k holding coins for the past 3 months.
$18k investing in mining rigs. The rigs still there so this might not be counted.
$7000k just last months on Robinhood due to the "trump" market/ bad decisions.
can't stop crying...like a baby.
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DO YOU ACTUALLY OWN A MINER OR JUST DO SOME RESEARCH AND SHED YOUR OWN KNOWLEDGE ( NOT EXPERIENCE) ? YOU ARE MINING COIN ( it is up or down), ROI MUCH DEPENDS ON HOW YOU ARE GONNA DO WITH THOSE COINS ( DONT LOOK AT THE USD). IF YOU DONT BELIEVE, DO NOT MINE. [/quote] I don't believe ya. Course you could not say even where will be price of your coin tomorrow. The only fair ROI estimate - is take current prices and imagine you sold all what mined today, decreased income by electricity costs and put remain in the box. From that box you will repay your capital investment. That's right. 60 MONTHES from now. It's a fair ROI NOW that helps you make the right choice. That's it dude. Other will lead you to the poverty [/quote] I do have a day job that paid bills and mortgage. Some spare cash does nothing in my bank account so I put it in Robinhood to trade stocks. Started investing in Crypto-mining Nov-2017 ( before GPUs crisis). I was able to grab 12 + 6 +5 +3 GTX 1060 6gb ( from Microcenter) at MSRP price + 3 GTX 1080 + 8 RX 580 8gb and 4gb... During Christmas, Nicehash miner showed an estimated income of $3000 and this estimation keeps dropping ever since. GPU price shy rocketing even when we mined fewer coins. Should I sell it? NO. NOT YET. Will BTC goes to zero? YES.
=> WORST SCENARIO: I SELL ALL MY GPUs 50% off on Ebay. => I DON'T CARE, I DON'T LOOK AT IT. LEARN HOW TO MAINTAIN THE RIGs, LINUX ( HIVEOS)... JUST KEEP ON MINING AND KEEP THE COINS SOON AS THE ELECTRIC BILLS PAID, MY HOUSE IS NOT BURNT DOWN.
Bottom line, controversial is good but shredding Negativity isn't cool.
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I think I am late to the mining World but, is it still possible to still set-up a rig and still make profit?
Sure it is. But the ROI is much much longer. Actually ya don't understand what are you talking about. Right now we can see levels of zero profitability for those guys who already have the farms and whose electricity is very chip. Maybe if you're trying to mine with older gpu's. I don't mine with anything older than a 1070ti. Those are still profitable even at today's coin prices. I wouldn't buy any more of them even at msrp, but I'm not ready to sell them yet either. May be. Let's estimate. 1070 and 1070ti are the best ones now. They ' ll give you $0.5 profit per day on $0.06 kwt/h electricity from wall according what to mine coins. That's it. It is a profit still i agree. But zero profitability is very near. Ya can argue that there are some shitcoins with better perfomance. This hour or yesterday. May be. But it is not mining. you crazy..... I earn over $1/day on a 1070 on a long standing algo..... You must also take into account others' mining strategies may not be the same inside the box thinking that you are using. if you can max out a 10KwH generator on petrol; you can definitely be profitable. Food for thought. Yep it's near $1 per day (a bit less) if your electricity is free. I just cheсked it up. Otherwise it's a bullshit. Sorry you got burnt on gpu's or started mining at a bad time. Whatever the case is, I'm doing just fine and still happy with sub-par daily profit that I NEVER take compared to 4 months ago. I wouldn't start building a mining farm with an unknown outlook at this time, but I certainly won't quit mining with what I have. If you're currently mining ... Sell at 10X or GTFO. Not sure how you expect anything in crypto to be a stready climb up all of the time. Otherwise, buy almost any top ten coin at a super discounted price right now and hold. Or if that scares you, join a fucking bowling league. Of course i don't sell coins I mining right now. Even ETH But this doesnot mean mining is still profitable. Some said they got $1 per GPU in a day. I 'd said it more close to $0.5 We can speculate that rebond will come one day. That's perfect. But mining can't be the only work for leaving. Course you can't now even sell this coins for electricity bills Or pizza. It's a hobby again. Or some kind of investment. That's the point DO YOU ACTUALLY OWN A MINER OR JUST DO SOME RESEARCH AND SHED YOUR OWN KNOWLEDGE ( NOT EXPERIENCE) ? YOU ARE MINING COIN ( it is up or down), ROI MUCH DEPENDS ON HOW YOU ARE GONNA DO WITH THOSE COINS ( DONT LOOK AT THE USD). IF YOU DONT BELIEVE, DO NOT MINE.
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hello guys, I have a problem with my rig ,i have tryed to install hive to a hdd drive but its not booting up . i have 2 hdd drives 1 with win 10 and 1 with hive,win 10 is booting up just fine no problems but when i boot up hive(hdd win 10 disconect) it starts up the bios. it has also has made 2 partitions on the drive 1 for the config file(email adres) and the other? hive??? i hope you guys understand me, english is not my native langauge and is a little bit rusty how did you create hiveos hdd? i guess your disk image corrupted. i tried "hdd raw copy tool" before with smooth. and you are right its 2 partition 1 partition is around 8mb for vpn and certificate files other is linux image. it can not accessible from windows caused by ext file system formatted. yes i create it with hdd raw copy and it worked fine, i think .but it wont boot up,i also tryed usb but it was the same problem. and when i connect the ssd it boots up just fine with win 10. but is it normal to see nothing on the other partition? the first you can see the config txt file Enable CSM in your BIOS. I had the same problem.
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7 rigs total, 3 running HiveOS and 4 running Windows mining using Nicehash.
HiveOS is fast, stable, controlled using my web-browser.
- I ditched 1x ethOS mining rig ( paid $39 for the EthOS). EthOS is good but no WIFI supported is a huge disadvantage for me.
- Simplemining OS, still have money deposit in the account. Haven't touched for a while caused I had a problem with dwardpool payout and ETHwallet when I started mining.
- Can't wait to ditch Windows and using HiveOS for all of my mining rigs. Nicehash miners sometimes don't mine if I don't look at the machine??? lol.
Thank for making the best mining OS ever.
ps:
Don't know why but I have always encountered difficulty setting up a wallet. Is a potential problem using Nicehash wallet for everything?
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@rothcom65 thanks for chiming in and your willingness to see both sides.
Speaking for myself here -- as someone who purchased the ultra license in LATE December, have only paper traded (as I felt the software still had some small issues to be worked out)... while I feel taken advantage of, I don't expect Margin to give us lifetime free access to the new model. That doesn't seem sustainable to me. However, I would have appreciated to see a little more effort in extending the free period, or at the very least allowing those who purchased within xx days prior to the rebranding announcement, the option to be refunded, especially if they have not used Leo to trade IRL.
Same boat here my friend, Started Mid Jan- 2018 with 0.7 BTC in my bittrex account ( $129 lifetime for 1 exchange). Leonardo has been running 24/7 ever since on my miner machine and my Bittrex account is now value at 0.48 BTC. Market crashing or Leonardo inefficient Margin maker strategy? I DO HAVE NO IDEA TO BE HONEST. What I have done is to widen the time frame, this one is running at 14.16 hours and has not taken a loss since the 6th. I visually review them from time to time, looking to create a symmetrical sine wave with corresponding entry and exit points. I almost never run under 4 hours most ranging from 8-10 hours a month ago I had one running 52 hours. NBT is costing me to run, I currently have it at 36.85 hours. Some simply do not have enough undulation to get the job done and eat up exchange fees. DASH is another one notorious for being a flat liner for mArgin maker. This is mine running at 14.02 hours for a couple of months and is another excellent example of what I try to accomplish with setting statistics interval. Even still, in this market it only profits half the time. I truly appreciate your helpful tip. I used to use the default "3 hours" interval, will switch them to 12 hours to see how thing going.
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@rothcom65 thanks for chiming in and your willingness to see both sides.
Speaking for myself here -- as someone who purchased the ultra license in LATE December, have only paper traded (as I felt the software still had some small issues to be worked out)... while I feel taken advantage of, I don't expect Margin to give us lifetime free access to the new model. That doesn't seem sustainable to me. However, I would have appreciated to see a little more effort in extending the free period, or at the very least allowing those who purchased within xx days prior to the rebranding announcement, the option to be refunded, especially if they have not used Leo to trade IRL.
Same boat here my friend, Started Mid Jan- 2018 with 0.7 BTC in my bittrex account ( $129 lifetime for 1 exchange). Leonardo has been running 24/7 ever since on my miner machine and my Bittrex account is now value at 0.48 BTC. Market crashing or Leonardo inefficient Margin maker strategy? I DO HAVE NO IDEA TO BE HONEST.
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I can see frustration on both sides. Lifetime means what it says. We can talk semantics all day and never get anywhere. I can also see that having a viable business means the software will continue. I also don’t like heated exchanges, where someone is called a troll for voicing their opinions, and where someone says the company is unethical. There has to be a willingness to talk things through and come to a reasonable compromise of sorts. With any software purchase, there is a company that wants to do what they love and make money to keep doing it, and a customer that wants use out of it. If those two things benefit each other, everyone is happy. When the equation becomes imbalanced, there is friction and one side has to make a change. Software doesn’t do what the customer expected, refund or change the software. Business has to decide what they can do. Business can’t stay afloat with current software licensing model to stay in business. Have to change or go under, not good for anyone.
Extremes: 1. Business changes licensing model, leaving current customers in the dust. 2. Business marks all current customers as lifetime paid and changes model for new customers.
My guess is that option 2 is what most customers would want, unless they have other reasons motivating them such as fear of the business going under and losing access to software they love. Number one was probably the best bet to keep the business afloat at the risk of alienating customers.
Seems a compromise was put forth in between the extremes by providing a free period and by reducing fees to try to create a win for all. Some like it, some do not for whatever reasons. The choices are to continue to try to reach a consensus, or a higher percentage of agreement, or just see what survives the fallout of the current offer.
1. In an effort to offer other options for discussion, which may be impossible, it there a way to turn over the API portion of the code for community updates, or charge for API updates. 2. Maybe you get a percentage of trades like an exchange. I’d give you .1% of all trades. I give Bittrex .25% on each. 3. Another thought would be to continue to support API changes for free, and entice people away from the old software with great new features with Margin. This would only work if there was an agreement on what current feature sets or performance criteria for Leonardo it should end with. I know there are challenges with this as have been mentioned.
I think entertaining a frank discussion with customers, without everyone getting bent out of shape, is beneficial for everyone. It may not change the current offer, but it could change opinions to be a little more positive and receptive to changes that must happen for us to continue our relationship. I think everyone wants this to succeed or we wouldn't be here.
For This: "2. Maybe you get a percentage of trades like an exchange. I’d give you .1% of all trades. I give Bittrex .25% on each. " I would vote you for the CEO of Margin.de Period. Ps: I guess current unethical strategy will not bring Margin new customers.
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"I am disappointed with this announcement. Leonardo/Margin will not fit my needs anymore as a very small investor. Its a shame I really liked it and will continue using Leonardo until it stops working altogether. " Agreed. I too am a very small investor. Will probably do the same as well Bummer I am sorry, but if we didn't take this step then we would risk not being able to stay competitive. This was necessary to ensure that we could expand and do all the things we want to. We think that the Starter plan which costs $180 a year is reasonable for small investors. But of course, everyone will have to make up their own mind. All the best, Jonathan I understand. At least there should be some sort of discount or promotion for early adopters like us who paid for the lifetime license.
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running my ETH rig with HiveOS for 1 day. I am very impressed.
- WIFI support out of the box ( better than SM.OS) - Nicehash wallet let me mine everything to Nicehash.
The thing is: - No more windows related headache when I mine my mixed AMD RX 580 and NV 1060 6gb using Nicehash. - My harsh rate showed on HiveOS is 125 MH/s. - But Nicehash dashboard only show 100 Mh/s
Do you think Nicehash is cheating on miner???
Thank you guy for such an an awesome product.
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Leonardo upsets me If there was a power outage, all orders should be monitored manually or Leonardo will sell them in negative :(sorry for bad English New user here. I love the product and what you said happened to me too. Reason: When the computer is not running, Leonardo bots are not running (its not tracking the price changes so all of active orders will be excuted by limit orders). Solution: Find a cheap laptop, Raspberry pi with backup battery or an UPS...
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While it is really good product for a price, it lacks development and scale. I think i have deleted keys i licensed with long time ago. :C
Well, that is not really true. They're working on it constantly and we get new features and even new included exchange APIs every few weeks. Additional, they usually answer a mail sent to support@marginsoftware.de within hours.. So ... hey ... they had a _ton_ of new customers in the last months and have to cope even with that. But they're still really fast whenever a problem arises. If you have still access to you email account you used back then when you registered your API keys, i think you could simply send them an email and i'm sure they will happily change your keys if you send them the new ones. Greetings, hacky I agree. Customer support is doing a great job ( in my case, Sarah, she responded to my inquiries within 15-30 minutes).
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Edit: even a calculation of the aggregate net gain/loss of all operations performed in each market in a given period would be cool.
We agree. It is in on our todo list and would also love to see it All the best, Rene Awesome Rene, I am looking forward to seeing that feature.
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Hi,
Thanks for making a good software at a very affordable price.
I have been running Leonardo on my mining machine for the past 3 days, seems very promising when it keeps buying low and sell high ( Margin maker strategy). So quick questions:
@Any advice on the "statistic interval"? 3, 6h ,12h ,24 hours ...Which one gonna be the safest bet for my money? @Is there any way I can keep track on the daily profit?
Thank you very much.
Rothco.
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Hello
EVGA DG-86 will be a nice case But 4x 1080 with only 1000W will not be enough I got 3x 1080ti (with AIO in a bequiet case) which need about 800W The case get very hot too. Add some extra fans on the case
Hi, I love the EVGA DG-87 at my first sign (I haven't built and am not even interested in a PC for almost 10 years but the case is just amazing). I am thinking about order a 1300W EVGA in case the 1000W can not handle the load so I really appreciate the confirmation from you. May I ask: - What is the "with AIO" ? - Do you run Windows or SM OS on these rig? Fun fact: It is winter now so I am thinking of running it instead of the heater. Lol. Best,
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I'll recommend you to include the amount of downtime for reasons such as electricity down, Internet loss, miners acting up leading to crashes. Many people who come all enthusiastic to get into mining forget to take this into account. I was one of them. Moreover, check for the stability of the miners that you're going to buy. I'll definitely say that the price is really good for the offer but do your research before buying them and ask if he can produce some invoice for the GPUs which will make your RMA process for any GPU a less hassle in the future.
Thank you very much guys and let me update on this as I will start building my 2 rigs this weekend: @Rig 1 ( all parts arrived)~~~ $2300-$2500 - 6 RX 580 - Z170 + Celeron + 4gb DDR4 RAM. - Mintcell PCI risers. - HP 1200 W server ( + breaker board + adapter+ cable ) and 750 W EVGA G2===> haven't figured out how to properly combine this two, Voskcoin youtube video seems confusing. - Wood/ Aluminum frame from Home Depot=> Haven't figured out how to build it. - Will run SM OS through SanDisk 32 GB flash drive.=> Is there any wifi adapter that is compatible with this OS?
@Rig 2 ( parts arrived)~~~ $3000-$3300 - 4 GTX 1080 Hybrid ( from Newegg)=$600 x4= $2400 but I bought it when eBay offered 10% eBay bucks. - Asrock OC + Pentium sky lake + 8gb ram . MB has four PCI-E so it saves me couple bucks on riser cards. - 1000w Corsair HX1000i PSU=> I am not sure if this one can handle Quad SLI. - 512 Sandisk SSD ( Windows) or 32 GB SM OS flash drive. - EVGA DG-86 case for $150 from Neweggs.
I would love to hear and appreciate for any suggestion to make the most out of these rigs. Best, Rothco. Ps: For the past weeks, I have been buying LTC and ETH from Coinbase, I already gained couple grands from recent breakout.
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Hi ,
I am new to the hobby. Might I ask:
1/ Any wifi adaptor/range extender with WAN/LAN that supports SM OS?
2/ I am gonna go out of state and be operating my 2 rigs at hometown for the first couple months, Will SM OS be an ideal choice for that.
Thank you very much and Happy Holiday,
Rothco
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@notlist3d @wako @Everyone
May I ask with my budget of $6500-$8000 (A half is profit from a bitcoin that I flipped 3 days ago). Which GPUs should I buy that will be good next 4-6 months? ( I can't expect to see further as coin market is going insane now)
E.g:
- RX 580 or GTX 1070 or GTX 1060 ? - Asus 19 GPU or 13 GPU Asrock? - 4gb or 8gb dual channel? - Which Riser cards brand is good and reliable? - Celeron CPU or an I5? I am a anti-Celeron.
Best,
Rothco.
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Thank you very much Wacko. I kinda want to pull the trigger today but your opinion helps me I make up my mind : Will build my own rigs and keep all the boxes for to flip them later on in case these coins tank.
Bests,
Rothco.
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