Amph
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Activity: 3206
Merit: 1069
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July 05, 2016, 07:22:47 AM
Last edit: July 05, 2016, 08:05:01 AM by Amph |
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i believe that at this point many newbie are jumping the thereum train without even knowing that it is not as profitable as before, but because they see retarded video on youtube, and stupid claim telling them that there is still huge profit
ethereum is actually profitable only because of bitcoin that reached a good value otherwise it was already dead
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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EastSound
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July 05, 2016, 07:24:57 AM |
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In Europe, the price is 50% over the recommended retail price. With the current difficulty rise, I am not sure if that will ROI.
You won't. And if you are bullish on ETH you would be better off buying coins at this point anyway. Hashrate is rising and ETH is tanking. Rats with shiny new hardware will be jumping ship soon with nowhere to go. No current coin can handle the hash rate that is about to bail on ETH. lol I even doubt the ROI possibility of the RX480. It has destroyed too many people's motherboard, and it has only 256 bit memory bus. |
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adaseb
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Activity: 3752
Merit: 1710
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July 05, 2016, 07:41:25 AM |
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Profitability is very low right now with Ethereum. The lowest since February 2016. Each day it goes lower and lower and difficulty keeps going higher and higher.
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Bemerand
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July 05, 2016, 09:41:29 AM |
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Profitability is very low right now with Ethereum. The lowest since February 2016. Each day it goes lower and lower and difficulty keeps going higher and higher.
I am wondering the very fast rising of the difficulty. Is that due to the big farms adding? For the forum member, not many GH/s. |
88.36255237114% of all ICO's are SCAMS
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Longsnowsm
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July 05, 2016, 01:46:46 PM |
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Profitability is very low right now with Ethereum. The lowest since February 2016. Each day it goes lower and lower and difficulty keeps going higher and higher.
I am wondering the very fast rising of the difficulty. Is that due to the big farms adding? For the forum member, not many GH/s. Yes, I am completely floored at how fast difficulty is rising. I watch daily as the amount of Eth I mine decreases and it is happening faster and faster. Couple that with the collapsing price and it won't be long before it won't be profitable to continue mining. It really is very questionable right now if anyone who is buying new gear to mine Eth will ROI. Anyone still pushing Eth at the moment either isn't watching what is going on or has some other motive that is questionable. If Eth has some dramatic recovery in price that would help certainly, but this difficulty increasing like this is a problem. I understand why some people have wondered if ASIC's have secretly been ramped up given the rate of diff increases. It is a valid question for sure. |
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madmartyk
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Yes I am a pirate, 300 years too late!
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July 05, 2016, 02:00:29 PM |
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If there were ASICs out there wouldn't someone be able to trace back by the hashate/number of miners?
If they were out there I think someone would have spilled the beans already!!
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limbaugh
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Activity: 1311
Merit: 1000
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July 05, 2016, 02:08:56 PM |
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If there were ASICs out there wouldn't someone be able to trace back by the hashate/number of miners?
If they were out there I think someone would have spilled the beans already!!
There aren't ASICs. It's a bunch of nubs buying shiny new hardware and getting wrecked. Haha! They were warned. |
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AlphaSun
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July 05, 2016, 02:21:03 PM |
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If there were ASICs out there wouldn't someone be able to trace back by the hashate/number of miners?
If they were out there I think someone would have spilled the beans already!!
There aren't ASICs. It's a bunch of nubs buying shiny new hardware and getting wrecked. Haha! They were warned. I think that is just the miners adding new graphics cards. I just saw the Ethereum price is below $10. Some miners will not be profitable soon. |
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giagge
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July 05, 2016, 03:00:09 PM |
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 Its not good , only good on ETH . |
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blg42598
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July 05, 2016, 03:08:37 PM |
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Its not good , only good on ETH . Mining software may still need to optimize settings for the new card |
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Ambros
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July 05, 2016, 03:27:23 PM |
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Mining software may still need to optimize settings for the new card
Even drivers are not optimised yet. We need to w8 at least a couple week before jumping to conclusions |
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asdalani
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July 05, 2016, 04:12:09 PM |
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Mining software may still need to optimize settings for the new card
Even drivers are not optimised yet. We need to w8 at least a couple week before jumping to conclusions Theoretically, the RX480 will not outperform the R9 390 in mining the Ethereum. But it has low power consumption. |
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MaxDZ8
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July 05, 2016, 04:21:35 PM |
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Holy █ 9.90 qubit Mh/s?
Sad day for AMD, there has been a point in the past that performance could be pulled out of 280x. Sure needs driver tweaking.
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Jimbola3
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July 05, 2016, 05:03:35 PM |
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Holy █ 9.90 qubit Mh/s?
Sad day for AMD, there has been a point in the past that performance could be pulled out of 280x. Sure needs driver tweaking.
Both qubit and quark are bad. They are worse than my 7970. Maybe the drivers needs further optimisation. |
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Amph
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July 05, 2016, 05:08:00 PM |
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Its not good , only good on ETH . 7.5 on lyra2v2? which is currently the most profitable, that must be a joke, also where is the hashrate on neoscrypt? |
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CryR
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kcin obazs
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July 05, 2016, 09:51:15 PM |
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blg42598
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July 05, 2016, 09:53:24 PM |
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Would you recommend a 1300w or 1600w psu for a 6x rx 480 rig?
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CryR
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kcin obazs
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July 05, 2016, 09:55:40 PM |
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Would you recommend a 1300w or 1600w psu for a 6x rx 480 rig?
Better 1600 but 1300 will Keep up. |
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blg42598
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July 05, 2016, 10:11:25 PM |
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Would you recommend a 1300w or 1600w psu for a 6x rx 480 rig?
Better 1600 but 1300 will Keep up. I'll save about $150 if I go with 1300. I'm thinking about it. |
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CryR
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Activity: 210
Merit: 100
kcin obazs
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July 06, 2016, 01:08:37 AM |
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Would you recommend a 1300w or 1600w psu for a 6x rx 480 rig?
Better 1600 but 1300 will Keep up. I'll save about $150 if I go with 1300. I'm thinking about it. If is a Good PSU (1300w) like Corsair Gold, Go ahead. |
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