YipYip
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May 15, 2013, 04:45:11 AM |
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I operate 2 beavers in a treadmill that then generate a dynamo that produce the power for my 30 m hash farm doing LTC Long story short it costs me about 2 good solid logs of wood to feed the beavers so i am pretty happy with my wood debt When u apply the : wood/LTC * (beaver_ouput) = $$ formula I am at least 2.7 beavers per wood hash ahead So i am pretty happy and the beavers are 2 ..I am looking to get at least another 2 beavers by the end of may to up my beaver/wood diff calc ratio I reckon I wil be rolling in beavers by the end of December and will be able to buy that Beaver lodge of my very own
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bitchess
Newbie
Offline
Activity: 42
Merit: 0
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May 24, 2013, 11:26:50 PM |
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5.5 Gh/s with 7 6990s. $325/month in electricity, about 7.2 BTC gross a month. (~4 BTC profit per month, at current prices.)
nice! price of those cards probably have spiked with bitcoin.
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dropt
Legendary
Offline
Activity: 1512
Merit: 1000
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May 26, 2013, 02:15:21 AM |
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My GPU farm (8GH/s) is still highly profitable. Income is ~8BTC/Mo after overhead.
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rabbitweasel
Newbie
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Activity: 30
Merit: 0
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May 26, 2013, 05:22:05 AM |
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2x 7970 1x 6870 (unique make special 6870 with 1600 shaders like a 5870 and 6870 clockspeeds) 1x 7770
Managing 0.07 BTC a day @ ~1.75Ghash/s. 0.095 kw/h. Selling 1x 7970 in a few days to someone to lock in the good value that 7970s have right now.
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Nemo1024
Legendary
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Activity: 1680
Merit: 1014
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May 26, 2013, 09:44:59 PM |
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Calculated that my 2.35Ghs farm will be marginally profitable until difficulty hits 110 million, given local low electricity cost. Then winter will come and I'll continue mining at a loss to heat the house instead of using electric heaters. So mining will commence until at least April next year.
I don't have much hope for LTC mining after that as profitability will most probably remain low.
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“Dark times lie ahead of us and there will be a time when we must choose between what is easy and what is right.” “We are only as strong as we are united, as weak as we are divided.” “It is important to fight and fight again, and keep fighting, for only then can evil be kept at bay, though never quite eradicated.”
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josiahgarber
Member
Offline
Activity: 82
Merit: 10
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May 27, 2013, 01:00:26 PM |
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Still Profitable for me. Thought not cranking out as many bitcoins as I would like as the difficulty has been rising.
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crazyates
Legendary
Offline
Activity: 952
Merit: 1000
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May 27, 2013, 06:49:43 PM |
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Of course it's still profitable. See here: Click for larger image: PPS rates have dropped ~8% since I took a screenshot of my chart, but that didn't change it too drastically. I still make ~$2/day, after power costs.
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telegdyd
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May 27, 2013, 10:37:36 PM |
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I'm currently mining with 1x HD7970 1x HD7850 2x HD5970 on free-ish electricity. It's still profitable (of course). Getting 2.1 ghash because one of the 5970's are failing, so I can only run that below stock settings. I'm looking forward to the future of bitcoin, and try to keep the very most of my coins in my wallet, and not to convert them to USD.
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Tirapon
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May 27, 2013, 10:42:11 PM |
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Just keep mining while its still profitable, even if its only a few dollars a week. Hold those coins and wait for higher prices, that way you haven't risked anything. You might find those few dollars a week are worth a lot more. When ASICs take over pick your favourite alt-coin and mine that...
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telegdyd
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May 27, 2013, 10:50:43 PM |
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Just keep mining while its still profitable, even if its only a few dollars a week.
I'm going to do this. When ASICs take over pick your favourite alt-coin and mine that...
This is my plan, maybe litecoin is a good alternative. I'm curious what will happen with it, when all the GPU miners are switching from bitcoin. The difficulty will rise, but the BTC/LTC rate should too, to remain profitable for us.
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Tirapon
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May 27, 2013, 11:02:43 PM |
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This is my plan, maybe litecoin is a good alternative. I'm curious what will happen with it, when all the GPU miners are switching from bitcoin. The difficulty will rise, but the BTC/LTC rate should too, to remain profitable for us.
I think Litecoin will be the one that most miners turn to - only question is, what will that do to Litecoin? Either price must increase to compensate for the increase in difficulty, or else people won't mine it because its not profitable. But then people won't be mining it? So difficulty should drop... Not exactly sure how it will play out TBH, but I've bought some Litecoins just in case
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firefop
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May 28, 2013, 06:02:36 AM |
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I think Litecoin will be the one that most miners turn to - only question is, what will that do to Litecoin? Either price must increase to compensate for the increase in difficulty, or else people won't mine it because its not profitable. But then people won't be mining it? So difficulty should drop... Not exactly sure how it will play out TBH, but I've bought some Litecoins just in case Generally everyone should think of ltc as a pump and dump vehicle. Long term it's going nowhere. That being said, no reason to not mine it if it's profitable for your gpus.
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420
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June 13, 2013, 09:54:03 AM |
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2x6950's, getting down to only $50 worth a month profit
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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Mabsark
Legendary
Offline
Activity: 826
Merit: 1004
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June 13, 2013, 04:44:31 PM |
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I'm hashing at around 300 Mh/s on my HD6870 and making about 10 mBTC per day. My electricity costs 12.9p per kWh (0.2USD), so my daily profit is currently about 3.35 mBTC. I'll keep mining on it though until my April Jalapeno arrives and investing the 0.01 BTC into mining stocks. I'm already making more from those stocks than I am from mining.
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glendall
Legendary
Offline
Activity: 2198
Merit: 1018
Buzz App - Spin wheel, farm rewards
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June 13, 2013, 05:33:19 PM |
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I'm still profitable with my 5x7950s. But I think the gig will be up come September.
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420
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June 13, 2013, 08:30:59 PM |
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I'm still profitable with my 5x7950s. But I think the gig will be up come September.
btc or ltc?
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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bonker
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June 14, 2013, 08:52:39 AM |
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I think Litecoin will be the one that most miners turn to - only question is, what will that do to Litecoin? Either price must increase to compensate for the increase in difficulty, or else people won't mine it because its not profitable. But then people won't be mining it? So difficulty should drop... Not exactly sure how it will play out TBH, but I've bought some Litecoins just in case Generally everyone should think of ltc as a pump and dump vehicle. Long term it's going nowhere. That being said, no reason to not mine it if it's profitable for your gpus. BTC -> mined by ASICs LTC -> mined by GPU's They be both sides of the ssame coin with the exchange rate to compensate unterbegwegnuung
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Amph
Legendary
Offline
Activity: 3248
Merit: 1070
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June 14, 2013, 11:16:29 AM |
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Just keep mining while its still profitable, even if its only a few dollars a week. Hold those coins and wait for higher prices, that way you haven't risked anything. You might find those few dollars a week are worth a lot more. When ASICs take over pick your favourite alt-coin and mine that...
+1 to this, and it is already what i'm doing
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firefop
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June 14, 2013, 08:24:36 PM |
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I just liquidated my GPUs - now I'm trying to decide if I should hold BTC or buy overpriced acisminers.
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420
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June 16, 2013, 12:39:31 AM |
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I just liquidated my GPUs - now I'm trying to decide if I should hold BTC or buy overpriced acisminers.
dollars and BTC
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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