Ok, if you are mining you dont really care about that stuff.  I just dont like the inflation on the coin, with no planned "deflation" aka a la Bitcoin.  But miners are getting shafted with the ASIC invasion so they seek new innovations with ASIC resistant properties, for, well, the decentralized ideology and all.  So they will mine RVN, they will create demand for it, they will pump it.  Im pretty sure of it.  Mine when difficulty is low and sell when price is high.  Of course I get that right about 0.1% of the time.

Hmm well my anecdotal evidence from local listings in a major metropolitan area where there are many crypto miners says different.  Market seems frozen, no buyers, many sellers.  Im trying to sell a couple VEGA 56s because of summer (I always downsize a bit for summer) and they so far have had no bids on ebay and no takers on local listings.  I am selling them for what I paid for when they came out.  So about 550usd and no one wants them.  I see rigs for sale All Kinds and people are panicking.  Which is fine, let them panic.  I also sell risers locally and other adapters.  No buyers anymore.  Which, again, is fine with me.

And on a few new coins, some large idiots have been pretty much forking coins and instamining blocks on purpose with a multiple of current network hashrate.  Shameful.  

P.S.  What the heck is up with all these new stats in this forum.

RVN was really profitable if you held on and sold at the current pump, but even then you'd have had to be very patient.  The only issue I have with it is the 21 billion coins, on a continuous issuance (maybe someone can correct me on that).  So no pre-programmed "deflation", there will always be a lot of new supply.  But I think multi-algo ASIC resistant coins are going to be more popular....once the ASIC invasion becomes mainstream.  I looked at that ETH difficulty/hashrate chart....it is obvious.

Mining is very risky, and compared to just buying coins when they are low, probably not as profitable.  Its a really, really, really good investment if you know what you are doing and will stay informed and interested over years and keep at it.  just dont think its easy.

No thats 100% bullshit FUD crap.  Do not worry about it, in fact, place bitcoin keys in a safe place and just forget about it until 2021 or something like that.  We must be patient and wait it out.

S9 is on its end of life cycle, soon to be obsolete.  All these big farms with S9s will be crying soon - UNLESS - we get another huge pump wave for bitcoin.  But new ASICS are coming, S9 is no longer the efficiency king and in one year owning an S9 will be like owning an S7 now I suppose.  So probably still profitable but maybe not.  If they do not have "parts" for it, then that does not surprise me.  There is a place in colorado that repairs Antminers i think, you can look it up, i think its bitmainrepair.

In reality there is plenty of available power, we are in a surplus situation.  Hydro-Quebec has given a big "fuck you" to bitmain and others - mining farms are leeches, lets be honest - they bring nothing to society.  No jobs.  No expertise, nothing.  Income is shady and moved around the world, so no real net benefit for Quebec if we subsidize their electricity costs.  Which is why we have huge aluminum production facilities - but these make a whole region the size of an European country live - and live well.  So they get 1cent power.  not miners.

Long story short, if you want to mine in Quebec there is plenty of power and opportunity to do so.  you'll pay shy of 10cents all included cad with taxes overall for a business.  In my home its around 7cents all included CAD, service fees, taxes and all.  I have a company here but dont do hosting.  I dont really like the business model of hosting miners, and im really allergic to anything that has "cloud" in proximity to the word "mining".  Im doing nothing after winter ends here til autumn due to career changes but off the top of my head if you have 150k+ worth of miners then it makes sense to rent a place with existing power near Montreal calculating all costs.  below that and fixed costs eat too much.  I could provide half that from stock.  If you are interested im personally thinking about expanding if gpu prices crash down to msrp and lower and will need a new place.  I dont want to sell hosting though I do not have enough capital to finance everything and i really dont feel like mortgaging my house for this lol.  

One of the bigger players here is financed by israel interests and most likely chinese capital.  http://montrealgazette.com/business/crypto-miner-bitfarms-to-invest-250-million-in-sherbrooke-facility
Most projects are exclusively S9 farms.  Dont ask me why though, makes no sense to me.

I have mining accessories for sale.  They are new.
Prices in cad, including taxes and shipping (QC, depends on your province).  Fast shipping.  30 Day exchange if defective but not damaged.  You get an invoice for your files/taxes.

13.00ea 0-8
12.50ea 9-23
12.00ea 24+
10.50ea 100+

2 Leds, Blue usb 60cm and normal upward facing usb/pcie connector, 4 capacitors blue board with back foam.
Payment bitcoin/interact transfer direct to company.  Buyer sends first, or pays escrow if he wants to do so with a mutual agreed upon person.  Minimum 30$ order.

Also available are

-Add2PSU (beige) - 5$
-M.2 PCIE NGFF USB adapters (black - plug usb direct) - 6$
-Various rigs amd + nvidia (470/480/570/1070/vega56).  Rigs mostly of 6.

Not just monero, a lot of coins are just saying a big hellll noooooo to ASIC destroying the diff

Its simple economics really.  Bitmain may have made 100 000 ASICS, but if the total market is equivalent to 3000 ASICS (lets assume), then all they need to do is calculate how much they can add to the hashrate without dropping profitability too much relative to the price of the coin.  So it would be much more profitable to simply gradually add 35% of total hashrate over 2-3 months and mine, and keep adding hashrate as the coin price rises.  After a while you can sell all your machines but the point is at first its more profitable to keep the machines in the boxes.  So perhaps they have been mining for a very long time now, but maybe someone else has made one (hint) and now they feel obligated to sell their used hardware as always.

Coins will adapt, I doubt bitmain is going to have a great success with this one...or maybe they will but not the buyers.  Its hard to justify the price, but it seems bitmain prices its ASICS at least initally at around 60 days ROI without electric.

Well The excavator miner from nicehash switches really, really fast.  They explained how it works, it has drawbacks too but its pretty good software.

thats pretty much the same so far but over a week we should get a meaningful number.  All bets are off !

its fine, but for future questions on power, a wattmetter is your best friend.  then you can adjust your tdp and see how it changes your power usage, etc.

well just that, disregarding any facts that can be found, kinda shows what is up with the software I guess.  I wouldnt really use it.  You can try excavator too.

Seems to me that Bitmain is going to have to change their slogan for the S9:  "The worlds most efficient miner".

So well my suggestion would be to revert back to claymore and forget about the whole phoenix miner thing until a new version comes out and works better.  See if your shares/payouts make sense, sometimes graphs can be stupid.

lol id like to see algo specific/enhanced GPUs...that would be weird.  I dont think its a good idea for nvidia or amd to concentrate on mining.  Keep making great gaming cards, that miners love to buy, and voila.  Or if I was an executive, I would release the new version of the GPUs, in limited quantities to stores for gamers, but keep making the old series for the miners, so win win.  just make sure the price / hashrate comes out the same.

Although that infographic is missing/wrong on a few items, its freakin awesome in any case and we need more comparative analysis to incite people to use and invest in deeponion.  when airdrop ends we can start to build on that.

If you think the business world is just gonna sit and watch us make ROI >1 year and not jump in, you are in for a wakeup call.

I think thats wrong.  History repeats itself.  People never fucking learn.  There are many plausible scenarios where mining revenue is lower than operating costs in a mine, where only the home miner can make a profit.  The home miner is the most efficient miner - he has no other costs than the added electricity bill.  no rent, employees, costs, anything.  Heck he even saves money by not heating his house in winter.  Thus he can mine at a loss in winter, and still come out on top.

If you think the business world wont panic and go bankrupt when profits suddenly disappear (lets see...drop ETH 2/3rds, and drop btc by 1/2 and what do you have ?), then everyone investing is in for a huge wakeup call.  I view 8-10 months ROI standard for a GPU alone.  If its higher, and the gpu price is low...then buy them.  ROI changes fast, and ordering and installing gpus isnt.