antantti
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Activity: 1176
Merit: 1015
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July 10, 2017, 08:08:19 PM |
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If you are saying that no coin that is being traded now has a chance of going to zero
No, I am not saying that. That would be like saying no coin that is being traded now has a chance to go to moon. |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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adaseb (OP)
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Activity: 3752
Merit: 1710
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July 10, 2017, 09:55:52 PM |
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Nice +15% difficulty gain and -15% price decline. Those that bought Nvidia 1080Ti must be really feeling it... Most likely the diff will remain at this rate for the next week while the block times stablize at ~18-19 secs. Usually diff spikes up and then stabilizes for the next week or so looking at https://etherscan.io/chart/blocktime |
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antantti
Legendary
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Activity: 1176
Merit: 1015
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July 10, 2017, 09:59:14 PM |
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Price will take another dip...
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iamnewhere
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July 10, 2017, 10:11:17 PM |
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Nice +15% difficulty gain and -15% price decline. Those that bought Nvidia 1080Ti must be really feeling it... Most likely the diff will remain at this rate for the next week while the block times stablize at ~18-19 secs. Usually diff spikes up and then stabilizes for the next week or so looking at https://etherscan.io/chart/blocktimethose who bought AMD will have bigger issue on that, with 1080TI it's just wasting power to mine ETH, there are better coins for NVIDIA cards  |
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adaseb (OP)
Legendary
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Activity: 3752
Merit: 1710
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July 10, 2017, 10:32:22 PM |
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Nice +15% difficulty gain and -15% price decline. Those that bought Nvidia 1080Ti must be really feeling it... Most likely the diff will remain at this rate for the next week while the block times stablize at ~18-19 secs. Usually diff spikes up and then stabilizes for the next week or so looking at https://etherscan.io/chart/blocktimethose who bought AMD will have bigger issue on that, with 1080TI it's just wasting power to mine ETH, there are better coins for NVIDIA cards Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI. |
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antantti
Legendary
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Activity: 1176
Merit: 1015
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July 10, 2017, 10:34:52 PM |
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1080ti will do fine. When bought at $500.
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CjMapope
Legendary
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Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
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July 10, 2017, 10:35:17 PM |
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Nice +15% difficulty gain and -15% price decline. Those that bought Nvidia 1080Ti must be really feeling it... Most likely the diff will remain at this rate for the next week while the block times stablize at ~18-19 secs. Usually diff spikes up and then stabilizes for the next week or so looking at https://etherscan.io/chart/blocktimethose who bought AMD will have bigger issue on that, with 1080TI it's just wasting power to mine ETH, there are better coins for NVIDIA cards Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI. i bought several 1080ti's in the last 30 days, and i assure you i will be ROI also before they bring in 1$ a day haha im like 30%+ already! course i have had to work a bit more to find the coins tht make the good bucks, but ROI is easy on ti as they have so much hashpower you have alot of options You could buy Ti in next 30 days and STILL ROI before Volta easy imo |
~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~ ~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~ Prohashing -- Simply the best Multipool! |
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adaseb (OP)
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Activity: 3752
Merit: 1710
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July 10, 2017, 10:35:32 PM |
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1080ti will do fine. When bought at $500.
Were 1080ti ever even $500? Locally my prices are around $800+. You sure you are not confused with GTX 1080 ? |
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antantti
Legendary
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Activity: 1176
Merit: 1015
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July 10, 2017, 10:58:25 PM |
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Were 1080ti ever even $500? Locally my prices are around $800+. You sure you are not confused with GTX 1080 ?
No they were not. But I am waiting. I can wait. |
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adaseb (OP)
Legendary
Offline
Activity: 3752
Merit: 1710
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July 10, 2017, 11:02:34 PM |
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Nice +15% difficulty gain and -15% price decline. Those that bought Nvidia 1080Ti must be really feeling it... Most likely the diff will remain at this rate for the next week while the block times stablize at ~18-19 secs. Usually diff spikes up and then stabilizes for the next week or so looking at https://etherscan.io/chart/blocktimethose who bought AMD will have bigger issue on that, with 1080TI it's just wasting power to mine ETH, there are better coins for NVIDIA cards Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI. i bought several 1080ti's in the last 30 days, and i assure you i will be ROI also before they bring in 1$ a day haha im like 30%+ already! course i have had to work a bit more to find the coins tht make the good bucks, but ROI is easy on ti as they have so much hashpower you have alot of options You could buy Ti in next 30 days and STILL ROI before Volta easy imo You sure about that? They made like $10/day last month and now its like $3/day. I don't see how a $800 USD can ever ROI. Maybe if you count the resell value at the end of the year. |
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dandreark1
Full Member
Offline
Activity: 145
Merit: 100
out here
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July 10, 2017, 11:34:20 PM |
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Nice +15% difficulty gain and -15% price decline. Those that bought Nvidia 1080Ti must be really feeling it... Most likely the diff will remain at this rate for the next week while the block times stablize at ~18-19 secs. Usually diff spikes up and then stabilizes for the next week or so looking at https://etherscan.io/chart/blocktimethose who bought AMD will have bigger issue on that, with 1080TI it's just wasting power to mine ETH, there are better coins for NVIDIA cards Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI. i bought several 1080ti's in the last 30 days, and i assure you i will be ROI also before they bring in 1$ a day haha im like 30%+ already! course i have had to work a bit more to find the coins tht make the good bucks, but ROI is easy on ti as they have so much hashpower you have alot of options You could buy Ti in next 30 days and STILL ROI before Volta easy imo I agree, I've been buying ti's consistently for a while and pointed/managed the right way.. not concerned IMHO. However if you're buying ti's to mine solely ETH at this point, yes obviously -you're shooting your self in the foot and I'd imagine most of us know that. Still multiple strategies out there that earn.. |
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iamnewhere
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July 11, 2017, 05:09:37 AM |
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Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI.
even with the 1070 i still mine currently for ~ $ 5/day/card - the cards will be payed off soon and then i still have plenty of currencies to mine on profit the 1080ti has roughly the same mining power per $ investment costs like 1070. |
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Ziscadas
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July 11, 2017, 07:23:10 AM |
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Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI.
even with the 1070 i still mine currently for ~ $ 5/day/card - the cards will be payed off soon and then i still have plenty of currencies to mine on profit the 1080ti has roughly the same mining power per $ investment costs like 1070. I think you are overestimating the 1070 revenue. It is more like $2-3 per day. |
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iamnewhere
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July 11, 2017, 07:54:26 AM |
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Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI.
even with the 1070 i still mine currently for ~ $ 5/day/card - the cards will be payed off soon and then i still have plenty of currencies to mine on profit the 1080ti has roughly the same mining power per $ investment costs like 1070. I think you are overestimating the 1070 revenue. It is more like $2-3 per day. i think you mine the wrong coins  it just went down a bit since yesterday as BTC went down now but i expect that to go back latest beginning of august and till then i keep the BTC |
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stomachgrowls
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July 11, 2017, 08:25:13 AM |
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Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI.
even with the 1070 i still mine currently for ~ $ 5/day/card - the cards will be payed off soon and then i still have plenty of currencies to mine on profit the 1080ti has roughly the same mining power per $ investment costs like 1070. I think you are overestimating the 1070 revenue. It is more like $2-3 per day. i think you mine the wrong coins it just went down a bit since yesterday as BTC went down now but i expect that to go back latest beginning of august and till then i keep the BTC No, he didnt mine the wrong coin since we do have the same profits on daily basis which means the current payout for entire days would be on those range. It would really go even lower considering that the price of Bitcoin is slowly decreasing the same time on ETH too which means we can see the difference and this is the part of the risk when we do mining. Difficulties would really rise up just as expected but 25% jump up is really too big for me. |
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Nadicona
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July 14, 2017, 07:27:25 AM |
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Except most who bought AMD already got ROI. So they probably don't care about the declining DAG speeds. While the ones who bought the 1080Ti at $800 USD will start crying when that GPU is only pulling in $1/day. 800 day ROI.
even with the 1070 i still mine currently for ~ $ 5/day/card - the cards will be payed off soon and then i still have plenty of currencies to mine on profit the 1080ti has roughly the same mining power per $ investment costs like 1070. I think you are overestimating the 1070 revenue. It is more like $2-3 per day. i think you mine the wrong coins it just went down a bit since yesterday as BTC went down now but i expect that to go back latest beginning of august and till then i keep the BTC No, he didnt mine the wrong coin since we do have the same profits on daily basis which means the current payout for entire days would be on those range. It would really go even lower considering that the price of Bitcoin is slowly decreasing the same time on ETH too which means we can see the difference and this is the part of the risk when we do mining. Difficulties would really rise up just as expected but 25% jump up is really too big for me. If the ETH price does not rise like in the past, I think it is still possible to mine profitably with certain cards for most people. |
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MBW_2
Newbie
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Activity: 364
Merit: 0
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July 14, 2017, 10:08:38 AM |
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1080ti will do fine. When bought at $500.
it is a great vga card. I have tested one and it is running very well. 31 Mhs and a good cooling. |
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antantti
Legendary
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Activity: 1176
Merit: 1015
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July 14, 2017, 11:15:35 AM |
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1080ti will do fine. When bought at $500.
it is a great vga card. I have tested one and it is running very well. 31 Mhs and a good cooling. Great it is, hands down the best there is. It has one problem though, mining performance. 31MH is so 2015, price tag is 2017. |
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iamnewhere
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July 14, 2017, 12:00:31 PM |
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1080ti will do fine. When bought at $500.
it is a great vga card. I have tested one and it is running very well. 31 Mhs and a good cooling. It has 720 Sol/s too, what is the AMD performance on that? |
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Nadicona
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July 19, 2017, 03:15:32 PM |
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1080ti will do fine. When bought at $500.
it is a great vga card. I have tested one and it is running very well. 31 Mhs and a good cooling. It has 720 Sol/s too, what is the AMD performance on that? For the AMD nano cards, the speed is just about 500H/s and use more energy. |
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