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Author Topic: S9? LOL  (Read 2965 times)
adaseb (OP)
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May 18, 2016, 09:12:29 AM
 #1

Decided to update from my last S7? LOL thread in light of todays huge ETH price gain.

This is assuming revenues after the halving, since that is the most accurate  Antminer S9 delivery date. Price and Specs are what some people predicted in the other thread.

I know the revenue for the GPU isn't accurate in 2 months but the price can also appreciate making the same daily revenue constant

talks_cheep
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May 18, 2016, 12:57:53 PM
 #2

If people knew the truth, the AMD video cards will go up in value or will be sold out, just like it did before. However, I'm counting on these people brushing off the truth and staying ignorant.

Bitmain S9 will suck, just like S7 sucked, just like S5 sucked, But they will be Best Sellers. Life goes on, bitcoin stays at around $450, and we will be screwed.

Dekker3D
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May 18, 2016, 12:59:56 PM
 #3

If people knew the truth, the AMD video cards will go up in value or will be sold out, just like it did before. However, I'm counting on these people brushing off the truth and staying ignorant.

Bitmain S9 will suck, just like S7 sucked, just like S5 sucked, But they will be Best Sellers. Life goes on, bitcoin stays at around $450, and we will be screwed.

Then they'll flood the mining industry with S9 causing the difficulty increases then the S7s will be obsolete, poor consumers.

philipma1957
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May 18, 2016, 02:14:36 PM
 #4

I am now up to 200mhs

I use about 1850 watts

I earn about 650 usd with the r9 miners.

I pay 17 cents for power in the summer!!

So my power is about 50 x .17 a day = $8.50 x 30 or 255 in power cost.

So I net 400 a month.

I have my s-7s. In the solar array but frankly. ETH coin could put a real hurt on BTC.

Here is why

AMD and Nvidia and Intel all benefit with a strong gpu coin.

They have the ability to prop up prices of ETH coin as advertisement.
I can see ETH coin sticking around for a while.
BTC is in serious trouble due to ASIC mining builders doing too much self mining.

I can see a solid gpu coin always existing .  Should be lots of fun from now until sept 1

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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.. PLAY NOW ..
VirosaGITS
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May 18, 2016, 02:43:56 PM
 #5

Yep, the S9's specs is purely speculative right now but even in the best case scenario, ASIC is not doing too well for us unprivileged tiny end user miners.



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HerbPean
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May 18, 2016, 02:53:18 PM
 #6

Why do you stop yourself at one frame of an entire movie ?

My trust is in Bitcoin, not the altcoin.

We shall see in future what ETH will do but those kind of comparisons based on speculation and this title is pretty much a joke.

If you don't want to mine Bitcoin anymore why don't you move your irony in the Alt coins section ?

For now ETH mining is great, will it last long or do better in the long term then BTC ?

That's the real question you have to ask yourself.
Biodom
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May 18, 2016, 03:11:38 PM
 #7

I am now up to 200mhs

I use about 1850 watts


These are pretty good numbers if this includes total power.
I have ~220 mh and use about 2200-2300w at the wall ( R9 390, 7950 and R7 370 on three separate rigs).

I do want to mine btc at home, but i can't because:
a. too loud
b. in 2 mo it would not make any sense to do it financially (at least using S7). S9-who knows, but as i posted before, it is a dead end, in my opinion, as only low cost producers can mine semi profitably. You don't need S7-9 to do it as a hobby.
philipma1957
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May 18, 2016, 03:43:39 PM
Last edit: May 18, 2016, 03:57:05 PM by philipma1957
 #8

Why do you stop yourself at one frame of an entire movie ?

My trust is in Bitcoin, not the altcoin.

We shall see in future what ETH will do but those kind of comparisons based on speculation and this title is pretty much a joke.

If you don't want to mine Bitcoin anymore why don't you move your irony in the Alt coins section ?

For now ETH mining is great, will it last long or do better in the long term then BTC ?

That's the real question you have to ask yourself.


Well I think  it is best to have a finger in two different pies..  

Btc  is my old favorite apple pie.

Eth is a new peppermint patty pecan pie.


I have   4000 usd worth of avalon 6's and s-7's
I have   2500 usd worth of eth mining pc's

at the moment  eth is crushing btc   and my btc is using the solar array at under 5 cents a kwatt  while my eth is spending 17 cents a kwatt in my house

Since it can do a complete flip in a month.  I will keep my levels at this.

ETH coin rigs can be temperamental ie babysit the mofos.
 
   The solar array with avalon 6's is rock fucking solid  almost no work at all. Here are we are  one  full month in the 6 ½  avalon 6's   stage and look at the stability below
22th  n avg   on and on and on:


Code:
Mining Rewards

The rewards you've earned for each block the pool has found.
See the Payments page for the payments you've been sent.

Block Block UTC       Miner Reward       N Diff       N Range       Pool N Avg Your % Your N Diff  -  N Avg         BTC Reward
412306 18/May 13:20 25.07857716 991.031G 31hr 49m 18s 37.16PHs 0.06% 599.590M 22.48THs 0.01517295
412283 18/May 10:36 25.50242489 974.919G 31hr 17m 7s 37.18PHs 0.06% 589.542M 22.48THs 0.01542154
412274 18/May 08:42 24.99023939 973.325G 31hr 12m 55s 37.20PHs 0.06% 588.858M 22.51THs 0.01511899
412259 18/May 06:54 25.01620095 986.504G 31hr 39m 8s 37.18PHs 0.06% 597.988M 22.54THs 0.01516405
412248 18/May 04:45 25.36419723 979.097G 31hr 27m 1s 37.14PHs 0.06% 594.330M 22.55THs 0.01539653
412237 18/May 02:20 25.33802824 975.851G 31hr 21m 54s 37.12PHs 0.06% 594.923M 22.63THs 0.01544719
412187 17/May 17:32 25.05722743 994.502G 31hr 54m 34s 37.18PHs 0.06% 599.183M 22.40THs 0.01509687
412157 17/May 12:20 25.27988034 993.556G 31hr 33m 28s 37.56PHs 0.06% 590.006M 22.31THs 0.01501201
412125 17/May 07:44 25.60716477 980.334G 30hr 48m 50s 37.96PHs 0.06% 572.594M 22.17THs 0.01495666
412115 17/May 05:31 25.20655869 987.202G 31hr 1m 17s 37.97PHs 0.06% 577.539M 22.21THs 0.01474648
412109 17/May 04:21 25.45192254 976.562G 30hr 39m 26s 38.00PHs 0.06% 571.339M 22.23THs 0.01489068
412104 17/May 03:19 25.02351819 993.452G 31hr 9m 16s 38.04PHs 0.06% 578.509M 22.15THs 0.01457174
412071 16/May 23:15 25.08989713 992.334G 30hr 55m 43s 38.28PHs 0.06% 573.559M 22.12THs 0.01450169
411987 16/May 08:53 25.63398501 984.328G 30hr 55m 45s 37.97PHs 0.06% 578.961M 22.33THs 0.01507736
411883 15/May 14:45 25.16458168 973.274G 30hr 28m 57s 38.09PHs 0.06% 575.735M 22.53THs 0.01488598
411872 15/May 12:46 25.14154486 988.553G 30hr 53m 32s 38.18PHs 0.06% 585.776M 22.62THs 0.01489784
411777 14/May 21:23 25.02282113 981.647G 32hr 53m 31s 35.61PHs 0.06% 624.073M 22.64THs 0.01590803
411773 14/May 20:25 24.96504603 980.215G 33hr 10m 49s 35.25PHs 0.06% 629.518M 22.64THs 0.01603316
411745 14/May 16:35 25.20429048 976.175G 33hr 58m 57s 34.27PHs 0.07% 640.630M 22.49THs 0.01654069
411741 14/May 15:04 24.96565803 987.993G 34hr 46m 59s 33.89PHs 0.07% 655.839M 22.50THs 0.01657244
411708 14/May 08:48 25.23610725 985.009G 36hr 10m 6s 32.49PHs 0.07% 686.579M 22.65THs 0.01759027
411680 14/May 03:34 25.10574814 978.419G 36hr 55m 39s 31.61PHs 0.07% 701.476M 22.66THs 0.01799953
411668 14/May 01:53 25.18561469 984.861G 37hr 25m 42s 31.39PHs 0.07% 712.061M 22.70THs 0.01820935
411656 14/May 00:07 25.11204797 972.629G 37hr 10m 54s 31.21PHs 0.07% 706.935M 22.68THs 0.01825216
411623 13/May 18:37 25.54694452 982.113G 37hr 54m 38s 30.91PHs 0.07% 720.071M 22.66THs 0.01873065
411531 13/May 04:18 24.99665040 990.471G 38hr 56m 39s 30.34PHs 0.07% 741.296M 22.71THs 0.01870819
411510 13/May 01:04 25.19107765 988.916G 38hr 48m 57s 30.40PHs 0.07% 735.946M 22.62THs 0.01874706
411480 12/May 19:52 24.78704238 981.123G 38hr 21m 48s 30.51PHs 0.07% 725.175M 22.55THs 0.01832077
411452 12/May 14:39 25.08180617 974.642G 38hr 13m 29s 30.42PHs 0.07% 718.912M 22.44THs 0.01850075
411400 12/May 07:07 24.89264446 976.440G 38hr 40m 1s 30.13PHs 0.07% 725.118M 22.37THs 0.01848562
411385 12/May 04:43 25.24601267 979.675G 38hr 31m 22s 30.34PHs 0.07% 723.478M 22.41THs 0.01864386
411364 11/May 23:59 24.92242155 983.247G 38hr 28m 36s 30.49PHs 0.07% 724.326M 22.46THs 0.01835955
411323 11/May 16:46 25.36495568 974.678G 37hr 49m 51s 30.74PHs 0.07% 704.918M 22.23THs 0.01834475
411251 11/May 02:41 24.95618500 904.177G 35hr 28m 56s 30.40PHs 0.07% 662.394M 22.27THs 0.01828274
411246 11/May 02:07 24.98398268 908.121G 35hr 38m 13s 30.40PHs 0.07% 665.820M 22.29THs 0.01831787
411191 10/May 18:15 25.13044711 906.750G 35hr 29m 32s 30.48PHs 0.07% 662.351M 22.26THs 0.01835694
411152 10/May 11:50 25.31858547 910.733G 35hr 55m 39s 30.24PHs 0.07% 671.294M 22.29THs 0.01866212
411116 10/May 06:25 25.04141765 894.147G 35hr 18m 18s 30.22PHs 0.07% 660.651M 22.33THs 0.01850214
411093 10/May 02:56 25.30034127 896.272G 35hr 31m 9s 30.10PHs 0.07% 666.161M 22.38THs 0.01880466
411062 9/May 21:39 25.07483360 897.357G 35hr 40m 0s 30.02PHs 0.07% 668.130M 22.35THs 0.01866954
410901 8/May 23:54 25.06577197 910.956G 35hr 20m 41s 30.75PHs 0.07% 662.632M 22.37THs 0.01823289
410865 8/May 19:13 24.91699397 898.298G 34hr 31m 49s 31.04PHs 0.07% 644.394M 22.26THs 0.01787419
410864 8/May 19:07 24.83795811 895.875G 34hr 25m 59s 31.04PHs 0.07% 642.458M 22.26THs 0.01781201
410756 8/May 03:55 24.84362262 910.960G 33hr 41m 48s 32.25PHs 0.07% 624.381M 22.11THs 0.01702806
410747 8/May 03:10 25.01506222 912.993G 33hr 43m 49s 32.29PHs 0.07% 625.063M 22.11THs 0.01712606
410727 7/May 22:24 24.88853313 903.942G 32hr 58m 46s 32.70PHs 0.07% 610.592M 22.09THs 0.01681163
410594 7/May 02:28 25.01057751 909.493G 32hr 44m 46s 33.14PHs 0.07% 602.478M 21.95THs 0.01656783
410590 7/May 01:47 25.09562511 914.675G 32hr 52m 37s 33.19PHs 0.07% 603.802M 21.91THs 0.01656629
410553 6/May 19:51 25.14472496 901.500G 32hr 22m 55s 33.21PHs 0.07% 595.154M 21.93THs 0.01660009
410526 6/May 15:06 25.07581011 900.961G 32hr 11m 35s 33.39PHs 0.07% 590.031M 21.87THs 0.01642190
410397 5/May 20:25 24.98753074 894.509G 31hr 4m 27s 34.34PHs 0.06% 569.100M 21.85THs 0.01589744
410176 4/May 10:15 25.18610059 893.930G 28hr 53m 59s 36.90PHs 0.06% 536.729M 22.16THs 0.01512210
410067 3/May 18:56 25.01554062 898.208G 28hr 34m 11s 37.51PHs 0.06% 536.607M 22.41THs 0.01494476
410038 3/May 15:02 25.41024033 911.881G 29hr 12m 45s 37.24PHs 0.06% 548.291M 22.39THs 0.01527852
410032 3/May 13:31 25.07598218 913.117G 29hr 16m 1s 37.22PHs 0.06% 549.109M 22.38THs 0.01507962
409960 3/May 01:32 24.98694358 913.132G 29hr 21m 28s 37.11PHs 0.06% 545.313M 22.16THs 0.01492194
409895 2/May 16:37 25.09323139 911.012G 29hr 0m 35s 37.47PHs 0.06% 537.344M 22.10THs 0.01480079
409873 2/May 11:57 25.42114604 902.181G 28hr 33m 14s 37.70PHs 0.06% 528.701M 22.09THs 0.01489743
409853 2/May 09:02 25.30150488 904.777G 28hr 46m 11s 37.52PHs 0.06% 532.939M 22.10THs 0.01490327
409803 2/May 01:15 25.13430343 913.476G 29hr 28m 35s 36.97PHs 0.06% 548.622M 22.21THs 0.01509533
409760 1/May 18:40 25.08955121 896.292G 29hr 13m 48s 36.58PHs 0.06% 546.598M 22.31THs 0.01530068
409728 1/May 13:35 25.04394606 909.595G 29hr 32m 41s 36.73PHs 0.06% 554.582M 22.39THs 0.01526933
409721 1/May 12:37 25.02056699 907.093G 29hr 23m 45s 36.81PHs 0.06% 551.662M 22.39THs 0.01521662
409702 1/May 09:15 25.11982597 912.269G 29hr 9m 13s 37.33PHs 0.06% 545.632M 22.33THs 0.01502427
409592 30/Apr 15:54 25.17775076 899.855G 26hr 37m 59s 40.31PHs 0.06% 500.012M 22.40THs 0.01399022
409453 29/Apr 18:03 25.12365115 906.522G 27hr 27m 35s 39.39PHs 0.06% 506.775M 22.02THs 0.01404493
409446 29/Apr 17:15 25.00638791 899.005G 27hr 20m 9s 39.24PHs 0.06% 503.909M 21.99THs 0.01401654
409287 28/Apr 15:37 25.67225217 910.011G 27hr 3m 10s 40.13PHs 0.06% 500.865M 22.09THs 0.01412986
409284 28/Apr 14:35 25.21066608 902.585G 26hr 45m 43s 40.24PHs 0.05% 494.977M 22.07THs 0.01382552
409225 28/Apr 04:53 24.99319508 906.091G 26hr 54m 54s 40.16PHs 0.05% 497.022M 22.03THs 0.01370962
409158 27/Apr 15:57 25.32558476 910.873G 27hr 29m 4s 39.54PHs 0.06% 512.971M 22.27THs 0.01426247
409157 27/Apr 15:45 25.55104247 904.301G 27hr 16m 56s 39.54PHs 0.06% 508.777M 22.25THs 0.01437552
409130 27/Apr 11:05 25.08530055 899.712G 27hr 16m 44s 39.35PHs 0.06% 510.968M 22.35THs 0.01424654
409112 27/Apr 07:57 25.24292047 920.010G 28hr 6m 24s 39.05PHs 0.06% 529.456M 22.47THs 0.01452703
409108 27/Apr 07:25 25.11426863 901.933G 27hr 34m 40s 39.02PHs 0.06% 520.098M 22.50THs 0.01448208
409100 27/Apr 06:26 25.76185411 919.352G 28hr 6m 45s 39.02PHs 0.06% 528.898M 22.45THs 0.01482065
409066 26/Apr 23:37 24.94429725 908.226G 27hr 26m 19s 39.49PHs 0.06% 518.228M 22.53THs 0.01423304
409062 26/Apr 23:15 24.95003300 895.784G 27hr 4m 14s 39.48PHs 0.06% 511.330M 22.54THs 0.01424194
408929 26/Apr 01:34 24.94088762 913.533G 28hr 24m 13s 38.37PHs 0.06% 529.599M 22.24THs 0.01445887
408897 25/Apr 20:10 25.03157317 914.413G 28hr 47m 58s 37.88PHs 0.06% 539.917M 22.37THs 0.01477994
408893 25/Apr 19:45 24.78105111 900.269G 28hr 22m 12s 37.86PHs 0.06% 532.179M 22.38THs 0.01464890
408887 25/Apr 18:23 25.17471901 907.362G 28hr 35m 18s 37.87PHs 0.06% 535.451M 22.35THs 0.01485606
408877 25/Apr 16:58 25.28237660 914.083G 28hr 46m 32s 37.90PHs 0.06% 538.002M 22.31THs 0.01488046
408861 25/Apr 13:49 25.50099556 895.923G 28hr 2m 11s 38.12PHs 0.06% 521.698M 22.20THs 0.01484927
408845 25/Apr 11:14 25.04678048 908.211G 28hr 26m 38s 38.09PHs 0.06% 530.120M 22.24THs 0.01461972
408802 25/Apr 01:54 25.32361936 908.410G 28hr 1m 30s 38.67PHs 0.06% 526.864M 22.43THs 0.01468732
408760 24/Apr 18:54 24.98813574 915.565G 27hr 38m 46s 39.51PHs 0.06% 521.979M 22.53THs 0.01424615
408702 24/Apr 07:26 25.10350124 903.784G 27hr 9m 25s 39.70PHs 0.06% 514.894M 22.62THs 0.01430169
408692 24/Apr 05:12 24.89217823 916.001G 27hr 16m 16s 40.07PHs 0.06% 517.845M 22.65THs 0.01407235
408679 24/Apr 03:26 25.16586220 914.793G 27hr 2m 35s 40.36PHs 0.06% 515.416M 22.74THs 0.01417905
408670 24/Apr 01:58 25.22180576 894.453G 26hr 23m 32s 40.43PHs 0.06% 503.099M 22.74THs 0.01418638
408629 23/Apr 18:45 24.88946448 909.361G 27hr 24m 10s 39.59PHs 0.06% 521.134M 22.69THs 0.01426360
408575 23/Apr 10:37 24.99788304 918.946G 28hr 27m 4s 38.53PHs 0.06% 539.967M 22.64THs 0.01468859
408565 23/Apr 09:03 24.99373459 915.411G 28hr 26m 14s 38.40PHs 0.06% 538.707M 22.60THs 0.01470847
408490 22/Apr 20:32 24.95785587 916.584G 29hr 2m 1s 37.66PHs 0.06% 543.539M 22.34THs 0.01480012
408485 22/Apr 20:14 24.96985537 906.907G 28hr 43m 45s 37.66PHs 0.06% 537.403M 22.32THs 0.01479631
408426 22/Apr 10:39 25.01409291 903.025G 28hr 31m 18s 37.77PHs 0.06% 530.291M 22.18THs 0.01468925
408407 22/Apr 06:57 24.96369611 909.948G 28hr 52m 2s 37.61PHs 0.06% 533.886M 22.06THs 0.01464671
408395 22/Apr 04:37 25.28405735 907.654G 28hr 52m 42s 37.50PHs 0.06% 534.147M 22.07THs 0.01487946
408392 22/Apr 04:11 25.30613726 893.503G 28hr 27m 12s 37.46PHs 0.06% 527.176M 22.10THs 0.01493089
408373 22/Apr 00:19 25.24461736 906.960G 29hr 15m 48s 36.98PHs 0.06% 544.680M 22.21THs 0.01516079
408368 21/Apr 23:25 25.08589425 899.347G 29hr 2m 53s 36.94PHs 0.06% 540.269M 22.19THs 0.01506996
408360 21/Apr 22:25 24.90734485 916.577G 29hr 40m 11s 36.86PHs 0.06% 552.091M 22.20THs 0.01500268
408341 21/Apr 19:09 24.94680087 903.134G 29hr 28m 33s 36.55PHs 0.06% 546.285M 22.11THs 0.01508975
408247 21/Apr 04:37 24.86406037 914.520G 30hr 20m 37s 35.96PHs 0.06% 563.961M 22.17THs 0.01533301
408238 21/Apr 03:16 25.10680749 895.594G 29hr 48m 3s 35.85PHs 0.06% 555.359M 22.23THs 0.01556876
408220 20/Apr 23:44 24.87973077 900.973G 30hr 15m 15s 35.53PHs 0.06% 566.183M 22.33THs 0.01563473
408204 20/Apr 21:30 24.97983089 903.431G 30hr 20m 32s 35.52PHs 0.06% 568.636M 22.36THs 0.01572276
408172 20/Apr 18:22 24.93481366 902.902G 30hr 18m 47s 35.54PHs 0.06% 567.251M 22.33THs 0.01566537
408120 20/Apr 10:32 25.18059672 908.563G 30hr 14m 35s 35.84PHs 0.06% 567.489M 22.39THs 0.01572781
408102 20/Apr 07:02 25.25840154 913.248G 30hr 28m 29s 35.75PHs 0.06% 573.229M 22.44THs 0.01585423
408026 19/Apr 18:22 25.00513137 905.874G 30hr 24m 41s 35.54PHs 0.06% 545.095M 21.38THs 0.01504642
407989 19/Apr 12:03 24.94276248 895.952G 30hr 28m 14s 35.08PHs 0.06% 514.356M 20.14THs 0.01431937




At biodom  the psus are all plat or titanium  the cpus are all  intel t type

2500t  1 r9 380  1 hd7970   doing              35mh      
3570t  2 r9 390's                doing              55mh
6400t  2 r9 390's                doing              55mh
6500t  2 r9 390's                doing              55mh

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HerbPean
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May 18, 2016, 04:03:36 PM
 #9

Why do you stop yourself at one frame of an entire movie ?

My trust is in Bitcoin, not the altcoin.

We shall see in future what ETH will do but those kind of comparisons based on speculation and this title is pretty much a joke.

If you don't want to mine Bitcoin anymore why don't you move your irony in the Alt coins section ?

For now ETH mining is great, will it last long or do better in the long term then BTC ?

That's the real question you have to ask yourself.

Well I think  it is best to have a finger in two different pies..  


I agree on your point, my post was a direct reply to the OP.

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May 18, 2016, 04:06:17 PM
 #10


At biodom  the psus are all plat or titanium  the cpus are all  intel t type

2500t  1 r9 380  1 hd7970   doing              35mh      
3570t  2 r9 390's                doing              55mh
6400t  2 r9 390's                doing              55mh
6500t  2 r9 390's                doing              55mh

Thanks. Yes, using plat and titanium could easily account for most power savings, plus I have more power-hungry AMD (FX 4350-125W) on one rig-got it to run geth simultaneously (Intel's i3 and G3258 on other two-just for mining).
notlist3d
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May 18, 2016, 04:09:34 PM
 #11

If people knew the truth, the AMD video cards will go up in value or will be sold out, just like it did before. However, I'm counting on these people brushing off the truth and staying ignorant.

Bitmain S9 will suck, just like S7 sucked, just like S5 sucked, But they will be Best Sellers. Life goes on, bitcoin stays at around $450, and we will be screwed.

I don't see the video card's going up like they did with litecoin long ago.  I just don't think the amount of cards being bought is near the same.  When that happened there were some models that were out of stock for long periods of time.  Look at newegg or other respectable site, and we don't see the running out of cards we once did.

So I could be wrong, but I just don't see the selling out.  Without that... I don't think price will skyrocket on cards like it once did long ago.
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May 18, 2016, 04:30:34 PM
 #12

Why do you stop yourself at one frame of an entire movie ?

My trust is in Bitcoin, not the altcoin.

We shall see in future what ETH will do but those kind of comparisons based on speculation and this title is pretty much a joke.

If you don't want to mine Bitcoin anymore why don't you move your irony in the Alt coins section ?

For now ETH mining is great, will it last long or do better in the long term then BTC ?

That's the real question you have to ask yourself.

Well I think  it is best to have a finger in two different pies..  


I agree on your point, my post was a direct reply to the OP.



You can do the math without Eth, for instance you could do the math on Lyra, or X11. The numbers get tighters, but if you want, you can compare to the the current S7, for there be no speculation, then, and the Antminer is still not only behind on profitability, but also on power efficiency... and noise i suppose.

Now assuming the S9 to have twice better effiency at double the price, the numbers are still bad and its not a speculative only thing, its simple deduction. Unless you expect the S9 to sell for less than the S7.


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HerbPean
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May 18, 2016, 04:36:58 PM
 #13

Why do you stop yourself at one frame of an entire movie ?

My trust is in Bitcoin, not the altcoin.

We shall see in future what ETH will do but those kind of comparisons based on speculation and this title is pretty much a joke.

If you don't want to mine Bitcoin anymore why don't you move your irony in the Alt coins section ?

For now ETH mining is great, will it last long or do better in the long term then BTC ?

That's the real question you have to ask yourself.

Well I think  it is best to have a finger in two different pies..  


I agree on your point, my post was a direct reply to the OP.



You can do the math without Eth, for instance you could do the math on Lyra, or X11. The numbers get tighters, but if you want, you can compare to the the current S7, for there be no speculation, then, and the Antminer is still not only behind on profitability, but also on power efficiency... and noise i suppose.

Now assuming the S9 to have twice better effiency at double the price, the numbers are still bad and its not a speculative only thing, its simple deduction. Unless you expect the S9 to sell for less than the S7.

I agree on all of this, I still believe this is short term guessing.
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May 18, 2016, 04:46:33 PM
 #14

I agree on all of this, I still believe this is short term guessing.

Somewhat. You could say that maybe GPU mining as a whole will drop in value drastically. Putting aside that this could happen with BTC as well, i'm basing my feelings on the matter with the halving. Basically, the S7 at the moment is not so great and once the halving hit, the S9 and similar will be as good as the S7 now. Maybe biased, but we'll see.

Some people think that BTC will skyrocket to match, but i dont think so. I think the price already adjusted to the upcoming halving and will slowly follow the overall mean. I'm betting that it will happen pretty much like the first halving. Probably nothing world shattering. Meanwhile, whats going on with GPU at the moment feel like the Scrypt gold rush, but more stable, and much more ASIC resistant, so we'll see.


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scyth3
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May 18, 2016, 05:02:27 PM
 #15

ETH is in the "return to normal" stage of its bubble. The profit calculations won't look as pretty at the bottom.
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May 18, 2016, 05:07:50 PM
 #16

ETH is in the "return to normal" stage of its bubble. The profit calculations won't look as pretty at the bottom.

Not yet, but possible. We can tell for sure ONLY if prior 0.036 per btc peak is not exceeded (or $15-16/eth), so it can still go to higher highs.
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May 18, 2016, 06:58:24 PM
 #17

You all realize that ETH is shifting from PoW to PoS when Serenity drops right? Its not like you will be able to mine ETH for years so comparing it to mining BTC in the long run seems kind of silly.

Stop buying industrial miners, running them at home, and then complaining about the noise.
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May 18, 2016, 07:21:10 PM
 #18

You all realize that ETH is shifting from PoW to PoS when Serenity drops right? Its not like you will be able to mine ETH for years so comparing it to mining BTC in the long run seems kind of silly.

Its not silly, when you get to ROI 500% before then vs not break even for ASIC. Also GPU != Eth. There is other very profitable options out there.


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May 18, 2016, 07:25:20 PM
 #19

You all realize that ETH is shifting from PoW to PoS when Serenity drops right? Its not like you will be able to mine ETH for years so comparing it to mining BTC in the long run seems kind of silly.

and you realize that AMD Nvidia and Intel  all benefit directly from GPU mining while they don't benefit from asic mining.

I can argue  a mutually benefit deal between   any solid gpu coin and btc on these grounds.


Intel, Amd , Nvidia  simply prop up any gpu coin via coin purchases of that particular coin. It is simply a way to advertise  gpus and cpus to use for mining.

So I mine an eth coin with price boasted by one of the companies above.   I make a profit I sell to cash or btc.

So btc has demand created by my purchase of it with an eth coin.

So who gains directly
1 ) me
2 ) intel                            why I purchased a chip
3 ) Amd                             why I purchased a card
4 ) Gigabyte                       why I purchased  a board
5 ) silverstone                     why I purchased a titanium psu
6 ) windows                         why I purchased an os
7 ) ebay                               why I purchased some of it from them
8 ) amazon                           why I purchased some of it from them
9 ) newegg                           why I purchased some of it from them
10) corsair                            why I purchased some of it from them
11) electric power companies  why power sales
so the  nine companies above should all buy some Eth coin with cash as advertisement.

been really thinking about this economically.

Now the indirect people that benefit from eth coins

1) crypto coin exchanges     why commissions on eth to whatever
2) asic builders of btc gear  why you will still need btc to exchange to it so mining btc is needed
3) coinbase                        why you will still need fiat.

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May 18, 2016, 07:42:13 PM
 #20

I understand that and I was not speaking on any random GPU coin. I was talking about ETH because it is the flavor of the month and people are seeing $$$. I was just pointing out that ETH mining is unsustainable. You can always go back to X11 mining and make money but with much smaller margins.

Stop buying industrial miners, running them at home, and then complaining about the noise.
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