Fourth alt coin thread last three got oversized.

[JaredKaragen]

Isn't it all about establishing a cost basis?  Buying then selling BTC is a pretty cut and dry calculation. How do you derive a cost when mining? Does electricity and hardware costs come into play?  Can I deduct noise pollution?  My wife would want to

see if I buy hardware; lets say GPU's.  I know what they are worth, and they are in my hand.  Their value fluctuates on a very small variable...   "What model is next"

That being said;  buying a GPU and putting it to work, is very predictable and reliable;  comparatively.   IF the market tanks and BTC value drops to the point mining is not profitable;  Sell the hardware.

If you had to do that to the BTC u bought instead;  you are an automatic looser without looking into any more details at all.

[1715132263]

1715132263

[1715132263]

1715132263

[1715132263]

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[philipma1957]

Isn't it all about establishing a cost basis?  Buying then selling BTC is a pretty cut and dry calculation. How do you derive a cost when mining? Does electricity and hardware costs come into play?  Can I deduct noise pollution?  My wife would want to

Okay I sold a ton of cards for coin.

Say eight coins.  And say they are deposited in coin base at the prices of 1000

Times 8 = 8000 cost value and say I sold all the coins for 2000 each that is 16000

So 16000-8000 = 8000 short term gain.


So the 8000 in btc put coin base it was acquired via sales to the forum.

Different rules since that involves buying the cards mining paying for power and then selling the coins.

Basically I was doing mining to get money back to sell cards cheaply to all you guys.

It was a win win for me and for people that got a good deal from me.

The goal was to make a small profit on cards and then reach a point of selling them.

So I was ahead maybe 1000 bucks on the 8 coins put into coin base .

Ie I spent 7000 to get 8 btc. Worth 8000.

So not a big deal.  But when coins Zoomed to the moon I made a short term gain of 8000 this may.

I realized after the run up back in 2013 .  That if I could thread water promoting all coins making a small profit

Sooner or later a run up would happen and I would score some money.


Best thing is I think I got hundreds of people making some money on this and I know I helped to promote mining for the better.  Fun for me and the rest of us.

[citronick]

I have 4 x 1080tis and 4 x 1070 currently.

Thanks to the BTC rise (even at 2300 something it is still an incredible level).... ordered another 4 more 1080ti

I decided to standardize on the MSI Z270A-Pro for NVIDIA farm -- compatible perfectly with fullzero's nvoc Linux OS.

Late last night, my group put another early order of 12 x MSI and Aorus 1080ti but....... it fell through..... got email from supplier NO STOCK and both MSI and Gigabyte have not updated next shipment schedules.

Supplier has indicated that crypto currency boom basically getting practically all NVIDIA GPUs off the shelves as soon as they are available in store and basically no stock for online sales.

If you have not bought that 1080ti or still deciding..... my advise is get them now before its too late.

Its bad enough that practically RX500 and RX400 cards are hard to come by nowadays...... now NVIDIA has gotten the crypto bug too.

I suspect that by the time VEGA comes in.... every card from AMD or NVIDIA will be above normal price.

I think Intel will soon come to play in the GPU arena.

I will not be surprised if we will see "unknowns" from China coming out ...... like this brand called COLORFUL.

http://www.guru3d.com/news-story/colorful-launches-igame-geforce-gtx-1080-ti-vulcan-x-oc.html

[philipma1957]

I have 4 x 1080tis and 4 x 1070 currently.

Thanks to the BTC rise (even at 2300 something it is still an incredible level).... ordered another 4 more 1080ti

I decided to standardize on the MSI Z270A-Pro for NVIDIA farm -- compatible perfectly with fullzero's nvoc Linux OS.

Late last night, my group put another early order of 12 x MSI and Aorus 1080ti but....... it fell through..... got email from supplier NO STOCK and both MSI and Gigabyte have not updated next shipment schedules.

Supplier has indicated that crypto currency boom basically getting practically all NVIDIA GPUs off the shelves as soon as they are available in store and basically no stock for online sales.

If you have not bought that 1080ti or still deciding..... my advise is get them now before its too late.

Its bad enough that practically RX500 and RX400 cards are hard to come by nowadays...... now NVIDIA has gotten the crypto bug too.

I suspect that by the time VEGA comes in.... every card from AMD or NVIDIA will be above normal price.

I think Intel will soon come to play in the GPU arena.

I will not be surprised if we will see "unknowns" from China coming out ...... like this brand called COLORFUL.

http://www.guru3d.com/news-story/colorful-launches-igame-geforce-gtx-1080-ti-vulcan-x-oc.html

What scares me is I called all of this so perfectly since last April .

I would argue and fight with people that alt coins mined by gpus would take off due to so many economical factors that we all need to have a piece of it.

13 x 1080 ti's earn good coins. Around 100 a day.  That is a 1080 ti every 8 days.

I run them at 70% tdp. And if it gets too warm I will drop power to 55%.

[flminer]

Isn't it all about establishing a cost basis?  Buying then selling BTC is a pretty cut and dry calculation. How do you derive a cost when mining? Does electricity and hardware costs come into play?  Can I deduct noise pollution?  My wife would want to

Okay I sold a ton of cards for coin.

Say eight coins.  And say they are deposited in coin base at the prices of 1000

Times 8 = 8000 cost value and say I sold all the coins for 2000 each that is 16000

So 16000-8000 = 8000 short term gain.


So the 8000 in btc put coin base it was acquired via sales to the forum.

Different rules since that involves buying the cards mining paying for power and then selling the coins.

Basically I was doing mining to get money back to sell cards cheaply to all you guys.

It was a win win for me and for people that got a good deal from me.

The goal was to make a small profit on cards and then reach a point of selling them.

So I was ahead maybe 1000 bucks on the 8 coins put into coin base .

Ie I spent 7000 to get 8 btc. Worth 8000.

So not a big deal.  But when coins Zoomed to the moon I made a short term gain of 8000 this may.

I realized after the run up back in 2013 .  That if I could thread water promoting all coins making a small profit

Sooner or later a run up would happen and I would score some money.


Best thing is I think I got hundreds of people making some money on this and I know I helped to promote mining for the better.  Fun for me and the rest of us.

Haven't scored one of your sale cards yet, but the help from you and everyone else on here has been a both invaluable and a great inspiration! Much appreciated!

[arielbit]

changed my strategy now...buying expensive cards only... will buy 1080ti's only and after that check on AMD's vega cards if its worthy.

with space and efficiency I think it is about time i replace my old cards one by one...like what philipma1957 says a at least a hundred dollars (or more) a day can get me one 1080ti  a week

gamers must be hating us miners now for "out of stock" cards.....or they are starting to mine crypto now  

[VyprBTC]

I have 4 x 1080tis and 4 x 1070 currently.

Thanks to the BTC rise (even at 2300 something it is still an incredible level).... ordered another 4 more 1080ti

I decided to standardize on the MSI Z270A-Pro for NVIDIA farm -- compatible perfectly with fullzero's nvoc Linux OS.

Late last night, my group put another early order of 12 x MSI and Aorus 1080ti but....... it fell through..... got email from supplier NO STOCK and both MSI and Gigabyte have not updated next shipment schedules.

Supplier has indicated that crypto currency boom basically getting practically all NVIDIA GPUs off the shelves as soon as they are available in store and basically no stock for online sales.

If you have not bought that 1080ti or still deciding..... my advise is get them now before its too late.

Its bad enough that practically RX500 and RX400 cards are hard to come by nowadays...... now NVIDIA has gotten the crypto bug too.

I suspect that by the time VEGA comes in.... every card from AMD or NVIDIA will be above normal price.

I think Intel will soon come to play in the GPU arena.

I will not be surprised if we will see "unknowns" from China coming out ...... like this brand called COLORFUL.

http://www.guru3d.com/news-story/colorful-launches-igame-geforce-gtx-1080-ti-vulcan-x-oc.html

What scares me is I called all of this so perfectly since last April .

I would argue and fight with people that alt coins mined by gpus would take off due to so many economical factors that we all need to have a piece of it.

13 x 1080 ti's earn good coins. Around 100 a day.  That is a 1080 ti every 8 days.

I run them at 70% tdp. And if it gets too warm I will drop power to 55%.

Thanks to you I've decided to run all 1080 Ti's, tested 1060, 1070 and RX 470's and 1080 ti's just fit for me because I don't have enough power. All the rooms in my house are on crappy 15A breakers so I'm screwed on running a lot of rigs

Do you tweak anything else on the 1080ti's besides bringing tdp down to 70%?

Thanks agian for the help!

[flminer]

Question on pdu's. With the monitored/metered pdu can you remotely powercycle rigs via internet? or do you need to have comp connected on same network? basically not sure that would work. And if using windows is there a way to have it automatically boot without having to manually choose to boot windows normally?

[citronick]

changed my strategy now...buying expensive cards only... will buy 1080ti's only and after that check on AMD's vega cards if its worthy.

with space and efficiency I think it is about time i replace my old cards one by one...like what philipma1957 says a at least a hundred dollars (or more) a day can get me one 1080ti  a week

gamers must be hating us miners now for "out of stock" cards.....or they are starting to mine crypto now  

I had a good run on R9-390s running ETH solo and selling tons of ETH late 2015-early 2016 at $19 bucks..... with those proceeds... decided to buy R9 Nanos at nearly 450$ a pop -- my rationale was that this is a once in a lifetime chance to get a decent high end R9 and it will be good after sales when I am done with ETH mining, POS etc..... damn that was 2 years ago and the R9s are still are beasts in ZEC mining almost 440sols per card with under 200tdp.

I will use the same rationale for 1080ti because its a very good high end 4k VR gaming card -- well justified for resale to gamers, while it is also a beast in ZEC, ETH and other algos.

The MSI and Gigabyte 1080ti are quite good because of their legendary cooling systems -- others like Asus and Zotac..... also Colorful could well be our 2nd choice if we run out of luck of the MSIs and Gigabytes.

[vg54dett]

Has anyone had any luck mining with Windows 8? Wondering if it will run 8 gpu.

https://www.nicehash.com/index.jsp?p=news&id=155

But I'm asking myself which windows 8 it is ?
is professionnal enough ? or do we need the rare enterprise edition ?

what about SMos, would it handle the 8 GPUs on that MB ?

Sorry for confusion, I bad read the message.

Flminer asked for windows 8 question, and I thought it was about win 10.
So my link was about 8gpus on Win10.
Didn't expect to start a windows debate !

[philipma1957]

I have 4 x 1080tis and 4 x 1070 currently.

Thanks to the BTC rise (even at 2300 something it is still an incredible level).... ordered another 4 more 1080ti

I decided to standardize on the MSI Z270A-Pro for NVIDIA farm -- compatible perfectly with fullzero's nvoc Linux OS.

Late last night, my group put another early order of 12 x MSI and Aorus 1080ti but....... it fell through..... got email from supplier NO STOCK and both MSI and Gigabyte have not updated next shipment schedules.

Supplier has indicated that crypto currency boom basically getting practically all NVIDIA GPUs off the shelves as soon as they are available in store and basically no stock for online sales.

If you have not bought that 1080ti or still deciding..... my advise is get them now before its too late.

Its bad enough that practically RX500 and RX400 cards are hard to come by nowadays...... now NVIDIA has gotten the crypto bug too.

I suspect that by the time VEGA comes in.... every card from AMD or NVIDIA will be above normal price.

I think Intel will soon come to play in the GPU arena.

I will not be surprised if we will see "unknowns" from China coming out ...... like this brand called COLORFUL.

http://www.guru3d.com/news-story/colorful-launches-igame-geforce-gtx-1080-ti-vulcan-x-oc.html

What scares me is I called all of this so perfectly since last April .

I would argue and fight with people that alt coins mined by gpus would take off due to so many economical factors that we all need to have a piece of it.

13 x 1080 ti's earn good coins. Around 100 a day.  That is a 1080 ti every 8 days.

I run them at 70% tdp. And if it gets too warm I will drop power to 55%.

Thanks to you I've decided to run all 1080 Ti's, tested 1060, 1070 and RX 470's and 1080 ti's just fit for me because I don't have enough power. All the rooms in my house are on crappy 15A breakers so I'm screwed on running a lot of rigs

Do you tweak anything else on the 1080ti's besides bringing tdp down to 70%?

Thanks agian for the help!

I use afterburner on all rigs except one I use firestorm from zotac  which is like msi afterburner as that rig will not let afterburner work right and after a complete install of everything from start it still said f u to me. so I  Installed firestorm works about the same as afterburner.

So on a 3 1080 ti rig  I synch the 3 cards in afterburner


for skein

70%
150 core
0 memory
75% fan

for zec
70%
200 core
0 memory
75% fan

thats on all  of the 8 founders edition cards

on the 1 aorus  it has a higher core   so   I do 125 for skein and 150 for zec

I also have 4 msi aero  1080ti  the clocks are higher on core so I do 140 for skein and 160 for zec.

pdu question  the correct setup will let you power cycle  from anywhere in the world via an eth cord to the router.  and if you have smOS  and the mobos are set to power up when power is restore it is easy.

if you have 1080 ti's  no smos  I know the rigs will  power on via a pdu recycle you then need a scrypt to start it mining.


Since my summer rates kick in June 1 . I am doing a low power test today.

I set all cards to 50% vs 70%.

The Psu meter dropped from 11 amps to 8.5

So 2640 watts is now 2040 watts .

This is good as ac bill and mining bill will both drop

As will hash rate.

But heat will mange better

[cvsea]

So which 1080 ti do you guys recommend?

These would be my options:

Gigabyte AORUS GeForce GTX 1080 Ti Xtreme Edition, 11GB GDDR5X, 352 bit
Gigabyte AORUS GeForce GTX 1080 Ti, 11GB GDDR5X, 352 bit
MSI GTX 1080 TI GAMING X 11G, 11GB GDDRX5, 392-bit
MSI GTX 1080 TI ARMOR, 11GB GDDRX5, 392-bit
ASUS GeForce GTX 1080 Ti STRIX GAMING O11G 11GB DDR5X 352-bit
ASUS GeForce GTX 1080 Ti STRIX GAMING 11GB DDR5X 352-bit

Any thoughts appreciated. Thanks

[VyprBTC]

I have 4 x 1080tis and 4 x 1070 currently.

Thanks to the BTC rise (even at 2300 something it is still an incredible level).... ordered another 4 more 1080ti

I decided to standardize on the MSI Z270A-Pro for NVIDIA farm -- compatible perfectly with fullzero's nvoc Linux OS.

Late last night, my group put another early order of 12 x MSI and Aorus 1080ti but....... it fell through..... got email from supplier NO STOCK and both MSI and Gigabyte have not updated next shipment schedules.

Supplier has indicated that crypto currency boom basically getting practically all NVIDIA GPUs off the shelves as soon as they are available in store and basically no stock for online sales.

If you have not bought that 1080ti or still deciding..... my advise is get them now before its too late.

Its bad enough that practically RX500 and RX400 cards are hard to come by nowadays...... now NVIDIA has gotten the crypto bug too.

I suspect that by the time VEGA comes in.... every card from AMD or NVIDIA will be above normal price.

I think Intel will soon come to play in the GPU arena.

I will not be surprised if we will see "unknowns" from China coming out ...... like this brand called COLORFUL.

http://www.guru3d.com/news-story/colorful-launches-igame-geforce-gtx-1080-ti-vulcan-x-oc.html

What scares me is I called all of this so perfectly since last April .

I would argue and fight with people that alt coins mined by gpus would take off due to so many economical factors that we all need to have a piece of it.

13 x 1080 ti's earn good coins. Around 100 a day.  That is a 1080 ti every 8 days.

I run them at 70% tdp. And if it gets too warm I will drop power to 55%.

Thanks to you I've decided to run all 1080 Ti's, tested 1060, 1070 and RX 470's and 1080 ti's just fit for me because I don't have enough power. All the rooms in my house are on crappy 15A breakers so I'm screwed on running a lot of rigs

Do you tweak anything else on the 1080ti's besides bringing tdp down to 70%?

Thanks agian for the help!

I use afterburner on all rigs except one I use firestorm from zotac  which is like msi afterburner as that rig will not let afterburner work right and after a complete install of everything from start it still said f u to me. so I  Installed firestorm works about the same as afterburner.

So on a 3 1080 ti rig  I synch the 3 cards in afterburner


for skein

70%
150 core
0 memory
75% fan

for zec
70%
200 core
0 memory
75% fan

thats on all  of the 8 founders edition cards

on the 1 aorus  it has a higher core   so   I do 125 for skein and 150 for zec

I also have 4 msi aero  1080ti  the clocks are higher on core so I do 140 for skein and 160 for zec.

pdu question  the correct setup will let you power cycle  from anywhere in the world via an eth cord to the router.  and if you have smOS  and the mobos are set to power up when power is restore it is easy.

if you have 1080 ti's  no smos  I know the rigs will  power on via a pdu recycle you then need a scrypt to start it mining.


Since my summer rates kick in June 1 . I am doing a low power test today.

I set all cards to 50% vs 70%.

The Psu meter dropped from 11 amps to 8.5

So 2640 watts is now 2040 watts .

This is good as ac bill and mining bill will both drop

As will hash rate.

But heat will mange better

Awesome thanks a ton!

For Skein currently it's not doing well for me - I'm on ZPool and for the past 12 hours it looks like it tanked for me - daily calculations on current earnings is only:

3.830636066 mBTC per 1 GH/s =
1 1080Ti @ 800 MH/s = 3.064508852mBTC or $6.96 @ current rate.... that's a pretty significant drop

[JaredKaragen]

DGB on yobit: -16%
AUR on yobit: +2.6%

Its down a tad;  plus another 20Gh just jumped on since last I checked yesterday....

There are some slumps;  but the good days are totally more than the bad...  You just see it faster because of the faster block times on this algo.

FYI: ZEC is -11.9%; so it seems all the whales are dumping alts to invest in BTC for the slump.... (guess)

[VyprBTC]

DGB on yobit: -16%
AUR on yobit: +2.6%

Its down a tad;  plus another 20Gh just jumped on since last I checked yesterday....

There are some slumps;  but the good days are totally more than the bad...  You just see it faster because of the faster block times on this algo.

FYI: ZEC is -11.9%; so it seems all the whales are dumping alts to invest in BTC for the slump.... (guess)

Well... 9.6Gh of that yesterday was me and the new 1080ti's- and later tonight I'll be setting up another 4Gh at my girlfriends house ... hers are going to be only 1070's so maybe I'll point them to something else but I'm not sure yet.

Nemos miner I tried to just run the start bat but I get trouble connecting when it tries to switch algos, it sometimes searches for 5-10 minutes to finally catch a new algo which is kinda nuts.

[JaredKaragen]

DGB on yobit: -16%
AUR on yobit: +2.6%

Its down a tad;  plus another 20Gh just jumped on since last I checked yesterday....

There are some slumps;  but the good days are totally more than the bad...  You just see it faster because of the faster block times on this algo.

FYI: ZEC is -11.9%; so it seems all the whales are dumping alts to invest in BTC for the slump.... (guess)

Well... 9.6Gh of that yesterday was me and the new 1080ti's- and later tonight I'll be setting up another 4Gh at my girlfriends house ... hers are going to be only 1070's so maybe I'll point them to something else but I'm not sure yet.

Nemos miner I tried to just run the start bat but I get trouble connecting when it tries to switch algos, it sometimes searches for 5-10 minutes to finally catch a new algo which is kinda nuts.

Nemos batch or my batch?  My auto-batch swapps algos almost instantly;  as long as the PC can handle one instance of ccminer launching for each algo;  all at once....

[QuintLeo]

I had a good run on R9-390s running ETH solo and selling tons of ETH late 2015-early 2016 at $19 bucks..... with those proceeds... decided to buy R9 Nanos at nearly 450$ a pop -- my rationale was that this is a once in a lifetime chance to get a decent high end R9 and it will be good after sales when I am done with ETH mining, POS etc..... damn that was 2 years ago and the R9s are still are beasts in ZEC mining almost 440sols per card with under 200tdp.

I will use the same rationale for 1080ti because its a very good high end 4k VR gaming card -- well justified for resale to gamers, while it is also a beast in ZEC, ETH and other algos.

The MSI and Gigabyte 1080ti are quite good because of their legendary cooling systems -- others like Asus and Zotac..... also Colorful could well be our 2nd choice if we run out of luck of the MSIs and Gigabytes.

 The only thing to worry about on the 1080ti are the rumours that NVidia might drop prices some on the 2xxx "refresh" when it shows up - but that appears to still be months off, you should make plenty to make up the difference by then even if you don't manage to pay off the 1080ti in that timeframe.


 It looks like I timed my last "rig parts" purchase near perfectly, as BTC started sliding some a few hours later.
 8-)

 (edit) and WOW has it slid a lot since I made that purchase.
 So nice to be psychic for once!

 8-)
 (/edit)


 Even if all cryptocoin drops 50% over the next month (edit - that's starting to look POSSIBLE, I was just doom and glooming when I originally posted that comment), most miners should STILL be way ahead on profitability over the last half of last year and the first couple months of this year - and those that didn't use the recent "surge" to finance expansion are just losing out (unless they're severely power-limited, in which case they should have been retiring older less-efficient ASIC and GPUs and liquidating them in favor of newer more-efficient ones).


 DGB profitability has been bouncing all over for the entire week-and-change I've been tracking it - way too small a total network hash on ALL of it's options, even a single mid-range miner like I am can have a noticeable effect on it.
 

 The AORUS cards are beasts - very high clocks, very high-end cooling for air-cool cards - if you can handle them being 2.5 cards wide and the needed spacing they look like the best option on the high-end (water-cooled stuff gets too expen$ive to be cost effective, with the POSSIBLE exception of those folks in hot+wet climates that can't use evap cooling to get the hot down to a tolerable level).


 IRS compliance being "binding" has been challenged in court a few times - with ZERO successes.

 At this point the applicable precedents are all "you WILL pay taxes or you WILL pay the penalties or you are a criminal".
 While precedent is not BINDING on a judge, it is a very rare case that a judge will rule AGAINST an existing precedent where there are ZERO contradictory precedent to work with and quite a few in favor of a particular interpretation.

[philipma1957]

I was out for the whole day  just got home.

4 rigs running and 1 is crashed.

I did the entire set of rigs at 50% tdp  as a prep for summer mining.

11 amps dropped  to 8.5 amps and hash also dropped  by the same ratio for the most part.

I need to see which rig crashed.

[VyprBTC]

DGB on yobit: -16%
AUR on yobit: +2.6%

Its down a tad;  plus another 20Gh just jumped on since last I checked yesterday....

There are some slumps;  but the good days are totally more than the bad...  You just see it faster because of the faster block times on this algo.

FYI: ZEC is -11.9%; so it seems all the whales are dumping alts to invest in BTC for the slump.... (guess)

Well... 9.6Gh of that yesterday was me and the new 1080ti's- and later tonight I'll be setting up another 4Gh at my girlfriends house ... hers are going to be only 1070's so maybe I'll point them to something else but I'm not sure yet.

Nemos miner I tried to just run the start bat but I get trouble connecting when it tries to switch algos, it sometimes searches for 5-10 minutes to finally catch a new algo which is kinda nuts.

Nemos batch or my batch?  My auto-batch swapps algos almost instantly;  as long as the PC can handle one instance of ccminer launching for each algo;  all at once....

Ah! I knew I forgot something. been so busy setting up all the new cards that I forgot i needed to grab your batch! So yeah running nemos not yours. I'll try yours out for sure when i get to my girls house!

Thanks a bunch

[krzyszfotzborek]

Hey guys. Firstly thank you for your input, all these posts helped me a lot.

Im building a 1080ti rig (i want 6x).
I bought an EVGA 1600W P2 PSU. It has 9x vga power slots so i thought it will be allright but it turned out it has only 8pin->6 + (6+2) pin VGA cables. My Aorus 1080ti's have 2x8 pin slots so i dont have correct cable. In such case they advise just to use separate power cables from PSU to power each 8pin port, but this way i will be limited to 4 cards ( 2cablesx4cards=8 , and i have just 9 vga slots).

What are my options ? Return at least some Aoruses and replace them with Founders edition? (it has 6+8 pin port like my vga cable)? Buy some third party cables? Maybe use some sort of adapter?