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801  Alternate cryptocurrencies / Mining (Altcoins) / Re: Finally got my first rig on: April 17, 2017, 02:32:38 PM
how many eth you got from this rig ? and how much you spent to built it ? i also want to built some rig

Getting around 0.15-0.16 Ether per day I spent around $665 to build a 4 RX 470 Rig.
802  Alternate cryptocurrencies / Mining (Altcoins) / Re: Finally got my first rig on: April 17, 2017, 08:41:38 AM
I also Pulledthe trigger and built a 4 GPU Rig!!





Got the Asus RX 470 from newegg $600- $120 mail in rebate (had a friend buy 2 so i can maximize ROI)
4 powered Riser $40 amazon
1 new 1000watt PSU 80+ GOLD EVGA = $139.99
$5 for wood to make the case

Recyled old HPE 170T PC which had motherboard and 8GB Ram with i7 860 and the mother board had 1 x16 and 3 x1 PCIE slots so i was capped out at 4 RX 470
also had 128GB SSD lying around so recycled that.

Total out of pocket Inv: $665 Currently doing about $6 on Ethereum per day after electricity cost (620 Watts @0.11cents) getting 95MH/s only modded 2 RX 470 for some reason other ones crashes the system. got 2 Hynix and 2 Elpeidia memory. I have pushed it to 106 MH/s but Energy draw is 680 Watts.

ROI if ethereum doesn't crash and difficulty doesn't rise too fast around 120 days or 4 months.
803  Alternate cryptocurrencies / Mining (Altcoins) / Re: Why wouldnt Bitmain keep the new Litecoin miners for themselves? on: April 15, 2017, 03:46:44 AM
I like the tin foil hat theory advanced in the other thread that they actually pushed the price of LTC up themselves just before they started offering these to the public.  The timing is very coincidental.  Also, they had announced the original L3 a long, long time ago but then basically cancelled them.  So if they followed through on making them back then and then used them for themselves instead of selling them, they will have been mining with them for quite a long time now.

Also, I have stated elsewhere that I believe part of the price support for BTC comes from the cost of miners.  People who invest a million dollars in a mine do not sell the coins mined for peanuts.  If there are millions invested in scrypt mining gear it will help to prop up the price of LTC and other scrypt coins.

I agree with that assessment a lot miners would rather hold the Coins than sell it for cheap.
804  Alternate cryptocurrencies / Mining (Altcoins) / Re: Why wouldnt Bitmain keep the new Litecoin miners for themselves? on: April 15, 2017, 03:45:53 AM
I am glad you asked the question.

The Truth is Bitmain built the L3+ back in October of 2016 they have been mining them almost 1000-1500Gh/s level for Litecoin for last 6 months.

If you don't believe me look at the 9 months difficulty chart here:

https://bitcoinwisdom.com/litecoin/difficulty

You will notice from October to March Hash Rate was rising roughly 1000 gh/s my initial calculation taking in account for existing Litecoin Hardware A2, A4 and a lot of other Asics including KNC cubes showed me that a lot of LTC miners were not profitable or marginally profitable so you noticed the hash rate stabilizing.

At that point Bitmain added L3+ to network and mined LTC they were collecting around 175-230k Litecoin per month and did so over 6 months Bitmain create a horde of over 1.2 Million Litecoin if they were to sell them at that point it would have crashed the market and they would have devalued there own hardware. Once they reached 3000gh/s (50% of network rate ) they started selling L3+ in batches 1st Batch shipping April 15th second on May 15th and 3rd on July.

At that point they already made 5x ROI by collecting 1.3 million LTC and now they will sell close 1200 L3+ at $1300 per piece collecting additional $1.5 million + $11 million in LTC they currently hold which they will slowly release back in the market covert it to BTC or (additional Alt currencies).

Do keep in mind that the analysis is speculative in nature and very far fetch to believe but the truth is all one has to look at is Actual number and its clear as day.

On a second note I have some contact in Chengdu that confirmed the fact that Bitmain have been expanding mining operation since october not sure if they were related to Bitcoin or Litecoin.





Bitmains L3+ which they are selling now is a used or new miner? Doesnt say at the Bitmain page if what you are buying is used or new... Quess we will find out when 1st batch is shipped.



over the years they have done both.  So I expect some will be new and some will be used.
Also if any users complained that the machines are used they just slap it as part of Quality Assurances where they wanted to make sure unit is functional and was stress tested.
805  Alternate cryptocurrencies / Mining (Altcoins) / Re: Why wouldnt Bitmain keep the new Litecoin miners for themselves? on: April 14, 2017, 08:26:14 PM
I am glad you asked the question.

The Truth is Bitmain built the L3+ back in October of 2016 they have been mining them almost 1000-1500Gh/s level for Litecoin for last 6 months.

If you don't believe me look at the 9 months difficulty chart here:

https://bitcoinwisdom.com/litecoin/difficulty

You will notice from October to March Hash Rate was rising roughly 1000 gh/s my initial calculation taking in account for existing Litecoin Hardware A2, A4 and a lot of other Asics including KNC cubes showed me that a lot of LTC miners were not profitable or marginally profitable so you noticed the hash rate stabilizing.

At that point Bitmain added L3+ to network and mined LTC they were collecting around 175-230k Litecoin per month and did so over 6 months Bitmain create a horde of over 1.2 Million Litecoin if they were to sell them at that point it would have crashed the market and they would have devalued there own hardware. Once they reached 3000gh/s (50% of network rate ) they started selling L3+ in batches 1st Batch shipping April 15th second on May 15th and 3rd on July.

At that point they already made 5x ROI by collecting 1.3 million LTC and now they will sell close 1200 L3+ at $1300 per piece collecting additional $1.5 million + $11 million in LTC they currently hold which they will slowly release back in the market covert it to BTC or (additional Alt currencies).

Do keep in mind that the analysis is speculative in nature and very far fetch to believe but the truth is all one has to look at is Actual number and its clear as day.

On a second note I have some contact in Chengdu that confirmed the fact that Bitmain have been expanding mining operation since october not sure if they were related to Bitcoin or Litecoin.



806  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LTC Segwit is over 70% on: April 14, 2017, 07:08:02 AM
Not Until the Fat Lady Sings!!!!
807  Alternate cryptocurrencies / Mining (Altcoins) / MSI Z170A for 6 GPU Mining Rig Motherboard for $99 on: April 14, 2017, 05:38:18 AM
Hey guys i just came across the Newegg sale I am sure one or some of you can use that motherboard.

MSI Z170A for 6 GPU

https://www.newegg.com/Product/Product.aspx?Item=N82E16813130967&ignorebbr=1

Its Refurbished you can always add additional protection. I would pull the trigger but not planning on building anymore rig in near future.

2 Left Good luck!!!
808  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Mining OS] SimpleMining.net - Easy to use GPU MINING Operating System on: April 12, 2017, 07:04:33 AM
Nice rig thanks for sharing!!!
809  Alternate cryptocurrencies / Mining (Altcoins) / Re: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner on: April 12, 2017, 06:01:08 AM
Boycott!!!!

Every one who is posting buying 10 or 5 or 1 are plants by bitmain.

Boycott them big time, as a community!!!

IDK if they can be plants if they sold out so many

Maybe they are not but I am saying not giving bitmain my hard earned Cryptos!!! Hell with them...
810  Alternate cryptocurrencies / Mining (Altcoins) / Re: Why is bitmain selling its new gear at crazy low prices? on: April 12, 2017, 05:59:11 AM
BOYCOTT!!!!
811  Alternate cryptocurrencies / Mining (Altcoins) / Re: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner on: April 12, 2017, 05:16:44 AM
Boycott!!!!

Every one who is posting buying 10 or 5 or 1 are plants by bitmain.

Boycott them big time, as a community!!!
812  Alternate cryptocurrencies / Mining (Altcoins) / Re: BAIKAL GROUPBUY 4 - RESERVATION on: April 12, 2017, 01:57:32 AM
In for 1 Cube
813  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Mining OS] SimpleMining.net - Easy to use GPU MINING Operating System on: April 10, 2017, 04:48:08 PM
ETHERNET NOT FOUND....


motherboard.AMD Gigabyte 970a-DS3P rev 2.0


how can i fix it???

error: Waiting for network configuration... try on 20 seconds.... and nothing.. system boot without internet conection


I had similar issue i made sure the rj45 was plugged in correctly make sure its tight. I also did a reboot and it fixed the issue it had.

I also unplugged and replugged it in.
814  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Mining OS] SimpleMining.net - Easy to use GPU MINING Operating System on: April 10, 2017, 06:34:23 AM
Yesterday I successfully launched 10 GPU on the asus Z270-P on SMOS with 2 1->3 PCIe,
But the power supply was burned - test results will be a little later

thats crazy!!! please post more details... very exciting stuff.
815  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Sleeping giant is awakening?? LTC back to $50 now ?? on: April 10, 2017, 05:56:47 AM
The volume on LTC is building. LTC has far too high of volume lately to stay so undervalued. The pressure is building. Also, fiat is coming into LTC via Coinbase, so that in my mind is enough to push LTC's price up regardless of SegWit activation.


The volume is indeed insanely high.



$98.5M in the last 24h. LTC Market cap is currently $417M

$98.5M / $417M = 23.6%

I can't see LTC not going up again  Smiley


Thats how you make market 1 person sees volume and sees accumulation and other sees capitulation!!!

half glass full half glass empty!!!
816  Alternate cryptocurrencies / Mining (Altcoins) / Re: Question for Mining Rig Construction? 4 RX 470 with old Motherboard. on: April 09, 2017, 11:22:02 PM







Just wanted to update the Motherboard worked was able to build rx 470 Ethereum mining rig getting aroud 90MH/s for 550 watts. (i underclocked it to save on heat and electricity i can push it upto 103Mh/s by editing BIOS.)
817  Alternate cryptocurrencies / Mining (Altcoins) / Re: I want to build a pool on: April 09, 2017, 10:17:42 PM
I will send you a link just click on it and put in domain name and BAM!!! all setup! no charge free ofcourse...

was being sarcastic.. i M sorry.
818  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Mining OS] SimpleMining.net - Easy to use GPU MINING Operating System on: April 09, 2017, 10:09:06 PM
my ethereum address had "0x" in front but when i input it in Ethereum address wallet [on Web UI setting] it goes away.

0xD905F5AA0eA0ffed9F9779Ae3ba7455cD2011369

D905F5AA0eA0ffed9F9779Ae3ba7455cD2011369

will that be okay? sorry new to Ethereum.
819  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Mining OS] SimpleMining.net - Easy to use GPU MINING Operating System on: April 09, 2017, 05:06:18 PM
Hi to all, is it possible to check the memory manufacturer of the GPUs with SMOS ?? Tia

Use Tech-GPUz for finding memory provider.
820  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Mining OS] SimpleMining.net - Easy to use GPU MINING Operating System on: April 09, 2017, 07:35:12 AM
Well done!
Bump up for you and help show your pix.
RX cards best for ETH mining. Good choice 470s
R9 or 10XX Nvidia cards best for ZEC
Thanks for your inputs, ETH mining draws more power so I need to run the fans at higher rpm (so louder).I'm trying to keep everything quiet as the rig is sitting in the living room for now:). I'll look more into eth mining once i get some external fans incorporated with the rig.

Quote

Hello,

I strongly recommend you plug the two molex on the motherboard, it helps stabilizing power fluctuation on the PCI-e and to prevent burning your motherboard on long term.

Cheers.
I'll try it out, thank you

Hey,

Did you try to modifiy the bios on these Rx 470? if not, you probably should because you can accomplish great results. I see that you have 3 models, send me the original bios and i'll modify them for you to mine ETH more effectively.
PM me and i'll do it, of course for free.

I should really start a bios library someday ^^ There is one on the market: https://anorak.tech/ but I personally didnt like any of them, more power and less mhs than what I achieved. Sorry if I offended someone from there D:

Cheers.

Seeking..... RX470-4GB killer custom roms for ETH - lowest power and coolest card possible on Claymore 9?




second that just built an Ethereum rx 470 4gb 4 card rig ASUS STRIX 04G Gaming. Okay cards I got 2 elpidia memory and 2 hynix after BIOS mod i am getting 26.2mhs on elpidia and 25.5 on Hynix for total of 100-103MH/s is that good?

Only think i changed is timing on bios mod copied 1500 to all 1500 and above.

drawing 630 watts and running card at 70c got a new PSU 1000 watts EVGA 80+gold so much more efficent than my old which was pulling close to 730watts.

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