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Author Topic: Rx 480 / GTX 1070 - Daily Profitability chart since start of 2017  (Read 1972 times)
Flickspeed
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September 12, 2017, 10:18:59 PM
 #21

Oh yes, all sold and the funny thing was that most of them bought rx 480 or gtx 1070 for $700 hehe, so meaning the 2 weeks profit till the crash, they could get only 10% of the $700 paid hehe, so meaning $630 to achieve the roi and 1 usd per day, that will take them 630 days hehe and by then that gpu will probably be dead, so meaning might never get his money back and in the end he will be in debt hehe

I always say and will say this again, miners are the greatest losers, they sell their hard earned coin too cheap because well they need to pay the electricity and other bills, so traders are the real winners here and was always like that.

Alternate cryptocurrencies / Mining (Altcoins) / Re: Claymore's Dual Ethereum AMD+NVIDIA GPU Miner v10.0 (Windows/Linux)   on: September 10, 2017, 05:51:19 AM

@Claymore, anyway you could add a reset overclock settings command at the beginning of the program? So we don't need to wait the card to crash till new settings are applied or maybe a keyboard command in which will reset the overclock settings to default and will exit the program?



So you call yourself a greatest loser?

I think he is just making fun of the late miners that joined the race back in June-July.

He calls them losers and the earlier miners < May 2017 were the winners.

Yep totally agree here... I am still mad at all those who bought any of the 480 or 580s above $300 for mining! That was outright dumb and YES ALL of them thought they would be getting the same 4-5$ profit all year long. But guess what most have still not learned the lesson! Now the same shit is happening with RX VEGA! Because of all these sheep with lots of cash to spare, mining became unprofitable. Byzantium or Metropolis will not in any way bring those profits back, it will only halt the decrease a bit, and next you'll get hit with POS! yes u read it, POS in the face of the losers with $700 VEGA CARDS. meaning GPU mining may die all together Smiley Have fun further inflating the price of videocards.
HashashInc
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September 13, 2017, 05:44:26 PM
 #22

Oh yes, all sold and the funny thing was that most of them bought rx 480 or gtx 1070 for $700 hehe, so meaning the 2 weeks profit till the crash, they could get only 10% of the $700 paid hehe, so meaning $630 to achieve the roi and 1 usd per day, that will take them 630 days hehe and by then that gpu will probably be dead, so meaning might never get his money back and in the end he will be in debt hehe

I always say and will say this again, miners are the greatest losers, they sell their hard earned coin too cheap because well they need to pay the electricity and other bills, so traders are the real winners here and was always like that.

Alternate cryptocurrencies / Mining (Altcoins) / Re: Claymore's Dual Ethereum AMD+NVIDIA GPU Miner v10.0 (Windows/Linux)   on: September 10, 2017, 05:51:19 AM

@Claymore, anyway you could add a reset overclock settings command at the beginning of the program? So we don't need to wait the card to crash till new settings are applied or maybe a keyboard command in which will reset the overclock settings to default and will exit the program?



So you call yourself a greatest loser?

I think he is just making fun of the late miners that joined the race back in June-July.

He calls them losers and the earlier miners < May 2017 were the winners.

Yep totally agree here... I am still mad at all those who bought any of the 480 or 580s above $300 for mining! That was outright dumb and YES ALL of them thought they would be getting the same 4-5$ profit all year long. But guess what most have still not learned the lesson! Now the same shit is happening with RX VEGA! Because of all these sheep with lots of cash to spare, mining became unprofitable. Byzantium or Metropolis will not in any way bring those profits back, it will only halt the decrease a bit, and next you'll get hit with POS! yes u read it, POS in the face of the losers with $700 VEGA CARDS. meaning GPU mining may die all together Smiley Have fun further inflating the price of videocards.


Don't think GPU mining is gonna die anytime soon with all the other profitable coins around.

S
adaseb (OP)
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September 13, 2017, 07:08:13 PM
 #23

Oh yes, all sold and the funny thing was that most of them bought rx 480 or gtx 1070 for $700 hehe, so meaning the 2 weeks profit till the crash, they could get only 10% of the $700 paid hehe, so meaning $630 to achieve the roi and 1 usd per day, that will take them 630 days hehe and by then that gpu will probably be dead, so meaning might never get his money back and in the end he will be in debt hehe

I always say and will say this again, miners are the greatest losers, they sell their hard earned coin too cheap because well they need to pay the electricity and other bills, so traders are the real winners here and was always like that.

Alternate cryptocurrencies / Mining (Altcoins) / Re: Claymore's Dual Ethereum AMD+NVIDIA GPU Miner v10.0 (Windows/Linux)   on: September 10, 2017, 05:51:19 AM

@Claymore, anyway you could add a reset overclock settings command at the beginning of the program? So we don't need to wait the card to crash till new settings are applied or maybe a keyboard command in which will reset the overclock settings to default and will exit the program?



So you call yourself a greatest loser?

I think he is just making fun of the late miners that joined the race back in June-July.

He calls them losers and the earlier miners < May 2017 were the winners.

Yep totally agree here... I am still mad at all those who bought any of the 480 or 580s above $300 for mining! That was outright dumb and YES ALL of them thought they would be getting the same 4-5$ profit all year long. But guess what most have still not learned the lesson! Now the same shit is happening with RX VEGA! Because of all these sheep with lots of cash to spare, mining became unprofitable. Byzantium or Metropolis will not in any way bring those profits back, it will only halt the decrease a bit, and next you'll get hit with POS! yes u read it, POS in the face of the losers with $700 VEGA CARDS. meaning GPU mining may die all together Smiley Have fun further inflating the price of videocards.


Don't think GPU mining is gonna die anytime soon with all the other profitable coins around.

S

Its comments like this that make it seem that nobody understands how DIFFICULTY works.
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September 13, 2017, 07:19:39 PM
 #24

Yep exactly, If and when ETH goes fully POS mode, you will get propabably a minimum 10 fold difficulty increase for the other coins including ETC.
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