Ethereum mining still profitable?

[QuintLeo]

It's not the "2 cards in one rig" that's an issue - it's the "2 cards pulling WAY TOO CLOSE FOR COMFORT to the power capasity of your power supply" I'm talking about.
However, I went back and re-read, and noticed 970 - for some reason I was thinking 980.
2 GTX 970 should be OK on your existing power supply as long as you don't massively overclock or overvolt/overclock them.


 I prefer a simple "nvidia-smi -l 10" for my report window - the "10" part sets the auto-loop to 10 seconds, adjust to your preference. That report would be perfect IMO if it reported active clock rates, but it's close enough as is. It's also a much smaller report than PrecisionX, and shows all 3 cards at one time (don't get me started on the massive waste of space Sapphire's Trixx utility chews up for about the SAME functionality as EVGA's PrecisionX).

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[piloder]

r u sure ? i see alot of ppl mining with more than 1 gpu on 1 rig ? why would alot of ppl do that if its bad ? and my system will be using ~500watts, not really good but decent to make 120$ first month then i upgrade my psu

There is no need for SLI in mining. All the cards work independently. It is the same for AMD cards.

[mwgame1]

r u sure ? i see alot of ppl mining with more than 1 gpu on 1 rig ? why would alot of ppl do that if its bad ? and my system will be using ~500watts, not really good but decent to make 120$ first month then i upgrade my psu

There is no need for SLI in mining. All the cards work independently. It is the same for AMD cards.

i thought i have to sli them nvm thx

[mwgame1]

It's not the "2 cards in one rig" that's an issue - it's the "2 cards pulling WAY TOO CLOSE FOR COMFORT to the power capasity of your power supply" I'm talking about.
However, I went back and re-read, and noticed 970 - for some reason I was thinking 980.
2 GTX 970 should be OK on your existing power supply as long as you don't massively overclock or overvolt/overclock them.


 I prefer a simple "nvidia-smi -l 10" for my report window - the "10" part sets the auto-loop to 10 seconds, adjust to your preference. That report would be perfect IMO if it reported active clock rates, but it's close enough as is. It's also a much smaller report than PrecisionX, and shows all 3 cards at one time (don't get me started on the massive waste of space Sapphire's Trixx utility chews up for about the SAME functionality as EVGA's PrecisionX).

thx bro, yea i wont overclock them at all, i will leave it as the original clock rate that it comes with

[Amph]

nvidia-smi -i 0 --loop-ms=1000 --format=csv,noheader --query-gpu=power.draw

i tried to type it in cmd, but nothing happened, where i should type it ?
thx vm 4 reply

cmd as admin --->cd C:\Program Files\NVIDIA Corporation\NVSMI\ ---> nvidia-smi -i 0 --loop-ms=1000 --format=csv,noheader --query-gpu=power.draw

thx very much

GTX 970 4gb SSC EVGA @18MH @148-150Watt

seems too much, try to reduce power limit to 50-55%

sorry for asking alot but can you tell me how i can do it ? and does it reduce my hashrate, because in a couple weeks i will buy another gtx 970 and make it SLI and i only have 620watt coolermaster psu, so less watt's will be helpfull

run msi afterburner, and activate powerlimit, via the correct skin, then reduce it to 55%

[QuintLeo]

EVGA PrecisionX seems more appropriate on the stated EVGA 970 cards - and can do the same thing.

I'm sure Afterburner would WORK too though.

 

[Umberg]

https://www.instagram.com/p/BEs2FM1IfgT/?taken-by=hashcoins

[mwgame1]

thx for help guys u r awesome ! <3

[Listent]

The network hash rate is 3360GH/s. It is like 118,000 AMD R9 280X. That is a very big hash rate in the history of mining.

[Amph]

The network hash rate is 3360GH/s. It is like 118,000 AMD R9 280X. That is a very big hash rate in the history of mining.

it would be funny if amd and nvidial stop gpu production, so at least the diff won't increase anymore, and we would have the smae profit forever

[EssentialCoin]

The network hash rate is 3360GH/s. It is like 118,000 AMD R9 280X. That is a very big hash rate in the history of mining.

it would be funny if amd and nvidial stop gpu production, so at least the diff won't increase anymore, and we would have the smae profit forever

These 118 7970/280x equivalent is very small amount of the total GPU in supply. The difficulty will rise again.

[vasrasus]

The network hash rate is 3360GH/s. It is like 118,000 AMD R9 280X. That is a very big hash rate in the history of mining.

it would be funny if amd and nvidial stop gpu production, so at least the diff won't increase anymore, and we would have the smae profit forever

These 118 7970/280x equivalent is very small amount of the total GPU in supply. The difficulty will rise again.

The rise of the mining difficulty continues, it is 46.3T now. I am wondering when it will stop rising.

[smaxz]

when it goes proof of stake it will pretty much stay below 10 forever.

[QuintLeo]

When a significantly large proportion of folks mining get to the point they're losing (or break-even) money mining ETH.

 Might be "too many folks get into it" driving the hashrate and diff up, might be a price drop that does that - no way to tell at the moment.
 Could be a combination of BOTH factors, of course.

 Guarenteed diff will go to zero when POS is fully implimented.

[miayama]

when it goes proof of stake it will pretty much stay below 10 forever.

Is there a place we can petition so that the developers know we want to keep the PoW as they promised when the Ethereum first came out?

[Zaducis]

when it goes proof of stake it will pretty much stay below 10 forever.

Is there a place we can petition so that the developers know we want to keep the PoW as they promised when the Ethereum first came out?

The best method is just to sell the Ethereum and make the price lower, then the developers will notice that.

[Amph]

When a significantly large proportion of folks mining get to the point they're losing (or break-even) money mining ETH.

 Might be "too many folks get into it" driving the hashrate and diff up, might be a price drop that does that - no way to tell at the moment.
 Could be a combination of BOTH factors, of course.

 Guarenteed diff will go to zero when POS is fully implimented.

more likely that are always the same two giant farm are adding more gpu than "many folk" driving the diff up

giant farm can easily add 10 rig a week, because the other 100 rig pay for that in no time

[RastoMan]

When a significantly large proportion of folks mining get to the point they're losing (or break-even) money mining ETH.

 Might be "too many folks get into it" driving the hashrate and diff up, might be a price drop that does that - no way to tell at the moment.
 Could be a combination of BOTH factors, of course.

 Guarenteed diff will go to zero when POS is fully implimented.

more likely that are always the same two giant farm are adding more gpu than "many folk" driving the diff up

giant farm can easily add 10 rig a week, because the other 100 rig pay for that in no time

You are absolutely right. For those big farms the profit can keep the mining running and adding new rigs without problem. The only limit is the power consumption.

[Ethey]

The Difficulty is really fucked up 
My Earnings went from 100 to 20 :/

Anyways the Price of Ethereum will defenetly rise!

regards

[Fappanu]

The Difficulty is really fucked up 
My Earnings went from 100 to 20 :/

Anyways the Price of Ethereum will defenetly rise!

regards

When I started mining, one rig could earn 10 Etheruem a day, now it is less 1 Etheruem. But there is still some profit.