QuintLeo
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November 08, 2016, 08:25:51 AM |
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Why you are stick in ETC honestly we don't i really dont know if we can believe to others about ETC if this is hack coin but its still in coinmarketcap in top 10 but its not like the same few months ago that the price is above 3 usd and now its 1 usd.
For me better to dont invest in ETC since every day i heard about ETC.. Ethereum is more good to invest than etc its just a clone..
It's easy - for a MINER, ETC profitability is almost identical to ETH - when one jumps up a bit on profitability, enough folks switch to even them out again. This *IS* a mining thread, after all, NOT an "investment" thread. ETH profitability is dropping again now that ZEC crazypricing has dropped a lot, we're now getting into the "basket balance" situation with ZEC added to the basket splitting hash making everything else in the basket a little more profitable, but ZEC dropping in it's share 'cause the profitability of it is dropping quite a bit as the price continues to skydive. |
I'm no longer legendary just in my own mind!
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Opquar
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November 08, 2016, 05:47:31 PM |
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Why you are stick in ETC honestly we don't i really dont know if we can believe to others about ETC if this is hack coin but its still in coinmarketcap in top 10 but its not like the same few months ago that the price is above 3 usd and now its 1 usd.
For me better to dont invest in ETC since every day i heard about ETC.. Ethereum is more good to invest than etc its just a clone..
It's easy - for a MINER, ETC profitability is almost identical to ETH - when one jumps up a bit on profitability, enough folks switch to even them out again. This *IS* a mining thread, after all, NOT an "investment" thread. ETH profitability is dropping again now that ZEC crazypricing has dropped a lot, we're now getting into the "basket balance" situation with ZEC added to the basket splitting hash making everything else in the basket a little more profitable, but ZEC dropping in it's share 'cause the profitability of it is dropping quite a bit as the price continues to skydive. That is the reason why I just stick mining the Ethereum. Other people will just between the two to make profit stable. |
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Ducksun
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Activity: 60
Merit: 10
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November 08, 2016, 06:06:15 PM |
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Why you are stick in ETC honestly we don't i really dont know if we can believe to others about ETC if this is hack coin but its still in coinmarketcap in top 10 but its not like the same few months ago that the price is above 3 usd and now its 1 usd.
For me better to dont invest in ETC since every day i heard about ETC.. Ethereum is more good to invest than etc its just a clone..
It's easy - for a MINER, ETC profitability is almost identical to ETH - when one jumps up a bit on profitability, enough folks switch to even them out again. This *IS* a mining thread, after all, NOT an "investment" thread. ETH profitability is dropping again now that ZEC crazypricing has dropped a lot, we're now getting into the "basket balance" situation with ZEC added to the basket splitting hash making everything else in the basket a little more profitable, but ZEC dropping in it's share 'cause the profitability of it is dropping quite a bit as the price continues to skydive. That is the reason why I just stick mining the Ethereum. Other people will just between the two to make profit stable. I must say that I think that switching between them can be petty good and also profitable so I must say that it can be worth it without any doubts.. its just how you look towards it too and how you are mining. |
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Feetaroni
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November 08, 2016, 06:22:40 PM |
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Its still profitable and I stay doing it because I think that ETH is still worth mining and right now its also still profitable so why should we not do it right ?
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Jating
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November 08, 2016, 06:37:20 PM |
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Its still profitable and I stay doing it because I think that ETH is still worth mining and right now its also still profitable so why should we not do it right ?
It depends on the price of your electricity. If that is higher than $0.2/kWh, it is better to buy the Ethereum directly. |
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asradoni
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November 21, 2016, 02:30:48 PM |
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Its still profitable and I stay doing it because I think that ETH is still worth mining and right now its also still profitable so why should we not do it right ?
It depends on the price of your electricity. If that is higher than $0.2/kWh, it is better to buy the Ethereum directly. At that price, if you have old cards like the AMD 7970 or R9 280X, it is not profitable to mine the Ethereum. |
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QuintLeo
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Activity: 1498
Merit: 1030
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November 22, 2016, 06:55:32 AM |
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R9 290 and R9 3xx series would also be marginal to money-losing on ETH at 20c/KWH at current pricing and difficulty on ZEC.
On the other hand, at THAT high of electric cost it's real iffy to mine anything at all.
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I'm no longer legendary just in my own mind!
Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin)
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Zeelotin
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November 22, 2016, 08:05:51 AM |
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R9 290 and R9 3xx series would also be marginal to money-losing on ETH at 20c/KWH at current pricing and difficulty on ZEC.
On the other hand, at THAT high of electric cost it's real iffy to mine anything at all.
You are right. The old cards like the R9 390 or 290 make no profit at that high electricity price. You have to undervolt. |
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QuintLeo
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Merit: 1030
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November 23, 2016, 04:23:00 AM |
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R9 290 and R9 3xx series would also be marginal to money-losing on ETH at 20c/KWH at current pricing and difficulty on ZEC.
On the other hand, at THAT high of electric cost it's real iffy to mine anything at all.
You are right. The old cards like the R9 390 or 290 make no profit at that high electricity price. You have to undervolt. Even with undervolting they STILL eat a ton of power. I run my R9 290s with BIOS from TheStilt and they STILL eat close to 300 watts EACH - up side, they also can overclock without thermal limiting + memory timings are a lot faster + they run a lot cooler since the BIOS upgrade, which makes them capable of pulling about 30% more hashrate then without the BIOS change - all at about the same power draw. For perspective, the GTX 1070 *usually* has a TDP of 151 watts (I have a couple Gigabytes that TDP at 180ish per nvidia-smi but they're high-end factory OC models), and I believe the 1080 has a TDP of around 250 watts - but outside of the crypto and cryptocoin mining worlds both of those cards blow the R9 290 completely out of the water. |
I'm no longer legendary just in my own mind!
Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin)
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Auponef
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November 23, 2016, 04:35:42 PM |
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R9 290 and R9 3xx series would also be marginal to money-losing on ETH at 20c/KWH at current pricing and difficulty on ZEC.
On the other hand, at THAT high of electric cost it's real iffy to mine anything at all.
You are right. The old cards like the R9 390 or 290 make no profit at that high electricity price. You have to undervolt. Even with undervolting they STILL eat a ton of power. I run my R9 290s with BIOS from TheStilt and they STILL eat close to 300 watts EACH - up side, they also can overclock without thermal limiting + memory timings are a lot faster + they run a lot cooler since the BIOS upgrade, which makes them capable of pulling about 30% more hashrate then without the BIOS change - all at about the same power draw. For perspective, the GTX 1070 *usually* has a TDP of 151 watts (I have a couple Gigabytes that TDP at 180ish per nvidia-smi but they're high-end factory OC models), and I believe the 1080 has a TDP of around 250 watts - but outside of the crypto and cryptocoin mining worlds both of those cards blow the R9 290 completely out of the water. 300W each for the 290 is too much. My 390 is just 160 to 180W. I just under volt it and run at 960MHz. |
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QuintLeo
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November 23, 2016, 06:31:15 PM |
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You get quite a bit less hashrate that way - might be worth it if your electric cost is higher than mine though.
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I'm no longer legendary just in my own mind!
Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin)
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crairezx20
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November 23, 2016, 06:45:31 PM |
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Do you think it is worth to mine ethereum with supercomputer because i would like to build it because i also need it in bruteforcing openline or unlock in some mobiles. and i think it is more worth it if i use it to mine ethereum  |
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EssentialCoin
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November 24, 2016, 08:18:33 AM |
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You get quite a bit less hashrate that way - might be worth it if your electric cost is higher than mine though.
That is right. When the ZCash price is high, it is worth overclocking. Otherwise it is better to underclock if the electricity price is high. |
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BattleField
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December 18, 2016, 02:07:28 PM |
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You get quite a bit less hashrate that way - might be worth it if your electric cost is higher than mine though.
That is right. When the ZCash price is high, it is worth overclocking. Otherwise it is better to underclock if the electricity price is high. If you do not have cheap electricity, it is better not to mine now. |
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QuintLeo
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December 18, 2016, 10:54:37 PM |
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You get quite a bit less hashrate that way - might be worth it if your electric cost is higher than mine though.
That is right. When the ZCash price is high, it is worth overclocking. Otherwise it is better to underclock if the electricity price is high. If you do not have cheap electricity, it is better not to mine now. I moved to the "land of cheap electricity" last summer. It probably warps my perspective a bit on "overclock vs go for efficiency". Then I ended up in a situation with a "fixed" monthy charge for electric, which DEFINITELY warps it. |
I'm no longer legendary just in my own mind!
Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin)
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antantti
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December 19, 2016, 11:46:15 AM |
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You get quite a bit less hashrate that way - might be worth it if your electric cost is higher than mine though.
That is right. When the ZCash price is high, it is worth overclocking. Otherwise it is better to underclock if the electricity price is high. If you do not have cheap electricity, it is better not to mine now. I moved to the "land of cheap electricity" last summer. It probably warps my perspective a bit on "overclock vs go for efficiency". Then I ended up in a situation with a "fixed" monthy charge for electric, which DEFINITELY warps it. Even with free electricity, 290 could earn you max $1.20/day@300W vs $1.00/day@170W. I wouldn't run it against limits for $0.20/day but that is just me. It was completely different story 10 months ago when 30MH of dagger made you $8.00/day. |
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adaseb
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December 19, 2016, 12:36:33 PM |
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This thread was created exactly 1 year ago. And back then every post is "ethereum is no longer profitable".... "difficulty is already too high" ... "you will never ROI" .... and yet here we are 1 year later.
Proof that we can't predict the future.
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kurbeks
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December 19, 2016, 12:46:18 PM |
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Just wait until Vega comes out  |
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adaseb
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December 19, 2016, 01:26:19 PM |
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Just wait until Vega comes out How will that change anything? It will cost as much as an Nvidia 1080 and probably only slightly faster than the current 390/480, which nobody will buy unless ZEC/ETH skyrocket in value sometime in the next few months. You make it seem like VEGA = Some ETHEREUM ASIC, which is the only thing which would destroy ETH. If the VEGA was very cheap or free, then yes "IT WOULD DESTROY ETH". |
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Vitkore
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December 19, 2016, 01:53:27 PM |
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Just wait until Vega comes out How will that change anything? It will cost as much as an Nvidia 1080 and probably only slightly faster than the current 390/480, which nobody will buy unless ZEC/ETH skyrocket in value sometime in the next few months. You make it seem like VEGA = Some ETHEREUM ASIC, which is the only thing which would destroy ETH. If the VEGA was very cheap or free, then yes "IT WOULD DESTROY ETH". The extra wide memory bandwith does not make much difference, the R9 Fury or Nano is example. So I do not have much hope. |
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