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@ dhouse
@ Marvell2
I did not equate my equipment (miners) into this price as I already had them in different locations. But your number don't even cover my miners, even on the cheap.
Infrastructure alone is brutal to set this stuff up. It's a ton more than what you said with no equipment, Especially if you want to do it correctly.
Would you be comfortable giving an actual amount, or a range on that? Awesome facility man! |
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SHA256 ETHASH SCRYPT
1692.05 PH/s 339.69 GH/s 44.19 GH/s
Their ethash hashrate is a lie, they have 100 times more than that.
I think they have 1000 times more than that in ethash because there is no other way or reason to explain the boom in the spike of difficulty of that algorithm out of nowhere a few weeks ago. It is a known thing that they only are destroying small home miners and are looking only to make profit for themselves. Don't forget about the Innosilicon miners. |
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We successfully made several tests this week. Each of them has a detailed feedback from the tester. We are releasing a full doc with all the feedbacks. If you could test using a different font next time you post that'd be great. |
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I've been considering getting more minis... Now that this is out, minis are the clear choice...
How long do you guys think a mini will take to break even that ships in late august?
Assuming coin prices stayed constant with today's price... We'd need to get an estimate of how many total A9's, Z9 mini's, and Z9's are sold in order to determine that. Otherwise if you're just comparing off today's numbers you're not going to account for the increased difficulty, and you're projections will look much better than actual return. Happy to put together an estimate if anybody has an idea on the expected difficulty increase. |
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Considering that rig new would cost about $6500 in parts, the 1950X cpu alone costs $950, and figure $350 for the mobo, and about $750 each for the 6 1080TI boards ($4500 for all 6), and at least another $500 for the PSUs, RAM, SSD and cooler, I very much doubt the seller would let it go for $3500 the poster above me quoted you.
Even if the seller is desperate he can part it out and sell it off to gamers and still fetch $6k plus for the components separately, so I think that is about the price you will be looking at. Anyway, that seems to be too way much rig for general mining and I think you would be very hard pressed to earn your money back in any reasonable time-frame. The great GPU sell-off has yet to begin, wait another month or two and I think even at new prices you would get a much better bargain.
What do you mean by GPU sell off? What part of my rig specs would be affected by this or how would it be beneficial to wait and get something else in a few months? As mining becomes less profitable used cards will continue to be dumped on the market by people who can't afford to continue mining. This could be for many reasons (bought on credit, over-paid, less than expected returns, not profitable due to higher energy costs, etc). Whether you should wait or not is dependent on your attitude toward what you think will happen next, ultimately nobody has a crystal ball. Paying full price for a GPU rig right now is an objectively bad decision right now. You'd be better off either investing in an Asic that has been priced according to the expected return, or buying a used rig/cards. If you're dead-set on the GPU rig I can't stress enough not paying whatever that guy offered. It's extremely over-priced. Also if you need someone to host your rig, and can't do it on your own I'd be happy to help. Feel free to PM me. |
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I'll join that Luxor with ya bro see how it pans out. I was on flypool.
You know it's all when you boil it down just jealousy. I sure as hell would of loved to have the foresight to do what he did!
on a side note:
I'm almost done building my facility. I'll toss pictures up in the coming weeks on the long and difficult process. 4 mega watts to start but can scale to 12. I'll take up close to 1 mw for me. The rest i'll rent but i'm building this for me first so not too concerned about it hehe.
Power cost? |
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Hello.
To begin with,some facts.
- By the 13th of December 2017, the network hashrate of ETH was 130.000Gh/s. Today (this has been repeated most times) we are at 245.000Gh/s. so in just 4-5 months the current Hashrate of ETH has almost doubled.
- I'm really begining to see a pattern on this. Usually, if the market goes down, more GPU's are pointed towards ETH (a safe value, at least for now). It happens aswell the other way round.
- today, the current profit of a 314mh/s rig is just about 300$ per month (electricity cost considered). In Spain, were i live, is just about 250€.
- PoS is bound to happen sometime this year. We are getting very close to 100 million coins Vitalik said to be the max number. So at anytime ETH mining can be crashed.
The point is: Is there a coin , considering the current values of the Altcoin market, that can see increased it's price so that mining that coin can be profitable?=? i mean, once PoS is applied, where are you going to place your gpus?? Is there a coin , actually, that can absorb that huge amount of hashrate without making the coin totally unprofitable?? We all know that if a coin increases in hashrate but not in price, it's not a viable option to mine it (unless you bet money on it and you succeed, but i guess noone wants to bet nothing right now).
Let's place ourselves in the day after ETH cannot be mined so it's in PoS version (btw, that day is not very far). Is there a future for those gpus?? Nvidia cards do decent on ETH and very good on other algos. AMD cards do very well with ETH and not very good on other algos.
Is the end of ETH going to kill mining?? Will that enormous amount of Gpus searching for profit , actually gonna destroy any profit on any coin??? What do you think??
The only thing I am concerned about is all the noobs leaving ETH when it goes POS. If they sell their GPUs it will be heaven, but if they do the actuall research then it could be problems with flooding the networks. I am all AMD and I have around same hashrate that you talk about (314 mh/s on ethash). I can assure you I am getting around 700$ per month (electricity cost deducted already). Ethash is not the only profitable algo for AMD. There is also CN variants and some other more hidden gems (the one that get you that money). Do your research and it pays out. Disclaimer: The alleged earning is of course calculated at this time. There is no guarantee that it will actually be like that in one months timeframe. mmmm....i will not deny that what you say is possible. But reality tells me another thing. The ETH network hashrate has been increasing overtime. and when a small fall in the market appears, more or less like 10.000 to 15.000gh/s appear on the ETH network. Suppose that those are the ones that mine another thing different from ETH and from time to time have to quit it to mine a safer coin like ETH. Considering that i see this happen at least 2 times every week, i don't think you can get a lot of money by mining other coins, though i will not deny it. what you are telling me is like doubling the profit of ETH with AMD cards. That's very difficult to believe, but possible if you are good at this. i don't know your electricity costs, mine are at 0,15$ average (i have timetable electricity) but i've calculated dual mining and it just doesn't make sense since the increase in power consumption would force me to sell the altcoin at prices that, in some cases, can mean a loss. It depends on whether you mine for profit or for paying bills. Considering the many people hold the mined ETH by paying the electricity bill from their own pocket, at the expense of waiting for the price to skyrocket, so selling ETH is not what you want to do overtime (in a bullish view) so mining altcoins for actual profit is just an exercise of no guarantee as you said. If i were to point my cards to another place different from ETH, the instant profit can be lost from a day to another. I value your braveness to do it, and research everyday for the most profit , but i don't think that's "real" in terms of efficiency and profitability. also we will have to agree that the expectations in ETH are not the same as other coins. It's not the same to mine a coin that with actual difficulty can give you profit, and compare that to what you can do with ETH if prices begin to skyrocket. ETC, MUSICOIN and another EThash algos are not profitable for me or at least, more than ETH so no point on even researching. XMR gives me like 55% less profit that ETH at the moment, and it has been probed time after time that AMD RX 570/580 like ETH algo but not the others. Enjoy your insane profit out of your cards, because i can't even imagine how you can almost double my profit without mining the best algo for AMD. If PoS comes soon, no coin will be left proftable once gpus flood the network. If you don't beleive me just PM me and I will tell you how to do it. But I will not make it public here because then I just undermine myself. Its all on the forum though, you just have to dig and do some research and tinkering. Actually I have 2 algos that give me way more then ETH. After that algos come CN variations that are all more profitable then ETH most of the time, specially if you consider low power usage of CN. And then there is ETH after all those. Mind you I am looking at shere current profitability. Also what you wrote holds to an extent. At times you need to input a lot of time to switch algos and sell fast to maintain high profit. But the algos I talk about are very stable currently so no need for switching. My electricity cost is funny the same as yours at 0.15$. And I don't agree on holding. Why not mine something at almost twice the value of ETH and buy ETH weekly for twice the ammount? Unable to PM, interested if these are coins you are able to sell on an exchange or not. Thanks. |
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does anybody use dual atx power supplies with this board? I believe with a regular riser build you want to avoid having a gpu powered by one psu and its riser powered by another. It looks as though this would be unavoidable with is board, 1 psu would power the board(and its pcie slots) and some gpus while the 2nd psu would be powering the rest of the gpus that were connected to the 1st psus powered pcie slots. would this not be an issue on this board or am I over thinking this?
the rig I would be transferring over uses 2 evga 850 G2's, 4 pcie each that I use for cards now and molex for my risers in current build... would I be able to use molex to 6pin adapters to power the board?
I'm having the same problem understanding how this wouldn't cause issues as well. Does anybody have a definitive answer? |
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