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Ya miners are one tough sons of a b*tches group. Price of eth dumps 10x but hashrate only dumps 10 percent.
Mining will live on. Just everyone gets fractions of a peanut profits if any.
the vast majority of people who post here are hobby miners that control little of total hash, the big farms with near zero electricity cost control most of the hash and are still making profit, they will be the last ones standing. there are also small miners with access to free power (usually at the expense of someone else) that will also survive, these guys can't scale tho what separates this bull run with the last one is the industrialization of mining, i recall stories of farms buying gpu's by the plane load for example you also have fpga/asics continuously improving "Still making profit " is not enough to stay profitable. There are much bigger factors at play and not as simple as what most of you think. There is a lot that many of you have not accounted for or speak of much. You still need to pay off equipment which is 3+ years and by then theirs better equipment you got to rebuy so your never making real profit. You end up with more oudated shovels. Once you add IRS accounting that's pretty much nail in the coffin full loss. They want 1/3 of the profit the day you mined it. And if you didn't sell right away and the value dropped like it is now your at 6x loss deep in the hole with no way out but to sell all your mined coins at a full loss. Im quite sure a lot if you were mining eth at $400 and higher and zcash at $200 and higher and still bag holding. Big mistake when doing your mining taxes pretty sure most (early)farms would have ROI'd a many many times already in the bull run, and now its just pure profit. basically if you got in before 2018 you're break even or better, those late to the party... well their risk didn't pay off i've also read of rumors of much more efficient ETH asics which Bitmain could already be running my impression is most of the hash power is outside the US, in places like EU Russia China, could be wrong tho |
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Ya miners are one tough sons of a b*tches group. Price of eth dumps 10x but hashrate only dumps 10 percent.
Mining will live on. Just everyone gets fractions of a peanut profits if any.
the vast majority of people who post here are hobby miners that control little of total hash, the big farms with near zero electricity cost control most of the hash and are still making profit, they will be the last ones standing. there are also small miners with access to free power (usually at the expense of someone else) that will also survive, these guys can't scale tho what separates this bull run with the last one is the industrialization of mining, i recall stories of farms buying gpu's by the plane load for example you also have fpga/asics continuously improving |
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i didn't see any discussion on this, wouldn't the 20 series cards be better for rendering?
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people mine because its fun but mining at a loss is like throwing money away, you can sell everything buy coins and you'll end up with more, of course this is less fun  |
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there is rumor it can clock to 2500mhz on core, wonder if it is just increase voltage, or process is better which gives better efficiency
either way probably not good time for gpu mining
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mining for a week, 1914216840 hashes submitted, expected payout ~.14 xmr, actual payout .068 xmr, very suspicious
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We have another speedup ready, mostly beneficial to GDDR5X cards (Titan X Pascal will go over 600 for sure). Stock GTX 1070 gets 390 Sol/s.
We have decided to release source of miner and open it up to work on every pool in near future. We will prepare full statement why we have decided that.
Regarding linux: somewhere along the line of optimisations, linux version simply stopped working correctly (is giving incorrect results). We do not have enough man power (+ there are holiday times) to track down the issue, but I am sure community will find it and fix once we release the source.
Weird, interested to hear why that is... I could understand opening up to pools and making it a fee based miner, but open source is something else entirely. Maybe has something to do with the first release by nicehash, which was open source and used work by a few different contributors. Although there is no doubt nicehash has made a great many optimizations to the CUDA code, which will be really interesting to see. This is great news for miners and also very generous by nicehash for sure! |
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Don't get me wrong, I understand some miners find the experience of trading and uncertainty highly enjoyable. But most people don't. They want regular earnings with less hassle. And this is where NiceHash comes into play.
I would contend that most people enjoy higher earnings, you can test this easily by unlocking your miner to other pools, let the stats speak for themselves. |
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I think 1070 loses efficiency powering the 8GB of memory, the 1060 3GB should be best, except for in ethereum.
Probably, but it's hard to gauge just by how much. I think the number is miniscule and it's nice not to get locked with 3-4GB in the future as I'm not planning on selling 1xxx series cards in less than well over a year. I could only find estimates on memory power consumption which vary wildly: http://www.anandtech.com/show/10193/micron-begins-to-sample-gddr5x-memory (1/3 of the page) Based on other sources older cards consumed 4.35 W per gigabyte of GDDR5 (17.4W for 4GB and 34.8W for 8GB) but the same source says it's closer to 20W or slightly more for 8GB. There are also much higher numbers, like 50W for an R9 290X. isn't it watt per die instead of eg. 1 GB  I don't know. Maybe that's one of the reason why the numbers are so different. It would be per die... The amount of power memory consumes is pretty small compared to the entirety of the card. Some people also forget that Ethereum is not the only coin in existence and building your ecosystem around one coin that will be getting hit hard in the coming months is not such a great idea. Nvidia is also not responsible for the kind of memory manufacturers use. That would be up to manufacturers such as MSI/Gigabyte/Asus. Ethereum continues to give the largest % of mining revenue by far, without it we can all throw our cards away. Also 30W/card would not be negligible. Only NVIDIA pulls this memory switching shit every generation, your argument fails because AMD and its AIB partners don't do this. |
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i found that +100 core 55% tdp and 400 mem is better than -502 mem and 55% tdp with 0 core, same wattage but more hashrate
You mean -400 or +400 mem Amph? +400 but on a 1070 i was not talking about the 750 i found that +100 core 55% tdp and 400 mem is better than -502 mem and 55% tdp with 0 core, same wattage but more hashrate
+400 mem its not enough high ? What is the limit for nvidia gtx 1070 gigabyte . up to 600 it's ok, but above 600 not so much for certain 1070 models, there is risk of artifact Not correct. Even +400 can lead to severe artifacts. Better not to push beyond +300 for the gddr5x of the pascal architecture, regardless of the ram producer, and ns amounts. i'm fine at 400, no artifact here, but i agree that overclocking mem is dangerous i don't like it for long terms Mem O/C is affected by memory type, NVIDIA sneakily switched many newer 1070 cards to Micron 8GB GDDR5, which have BIOS issues and some of which can't do +400 . Samsung memory will usually hit +600 no problems. I think all RX 480 8GB cards use the same Samsung memory. IMO Overclocking should be fine if the memory is cooled properly, which is sometimes not the case like with the recent EVGA fiasco, the rated temperature of GDDR5 is like 85c. Thanks for your answers guys, all your advice is welcome.
try to use all identical cards. i'll go for a 1070, if you sell your 3 750Ti, that should pay for about 50% of what a 1070 costs. that's what i did, i sell all my 750ti's (i had like 30 ) and buy 1070's my power bill decreased like 30% 750ti where fantastic cards, the best ones i ever used, but their time for mining is over IMHO. The number checks out. On one hand there's the difference in fabrication process which says a lot: GTX 750/750Ti/760/770/780/780Ti/Titan/Titan Z - 28nm GTX 950/960/970/980/980 Ti/Titan X - 28 nm GTX 1060/1070/1080/Titan X(P) - 16 nm GTX 1050/1050 Ti - 14 nm But, every card has their advantages and disadvantages (e.g. different efficiency) on a per algo basis. Considering how old the 750 Ti's are, I'm still making ~70% of what I make with 1070's watt for watt. But it's not as easy to sell them. I think 1070 loses efficiency powering the 8GB of memory, the 1060 3GB should be best, except for in ethereum. |
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Release it with a fee. I would use it..
I thought you were against releasing with a fee sp  |
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