Fifth alt coin thread last four got too big.

[Watjila]

Also whats everybody's thoughts on the new Bitmain D3 X11 miner?

 Nice specs, but X11 coins are such a small market and already have 3 companies that have/make ASIC for it so I'm rather shocked Bitmain decided to enter it.

 Baikal folks are probably going to be OK since their miners don't JUST do X11, iBLink and Pinaldea folks are going to get squeezed pretty hard.

 DASH is about the only X11 coin that has ever been worth anything (especially back in the DarkCoin days when it was the ONLY X11 coin), and even it isn't REAL big cap.


 I suspect Bitmain has seen S9/R4/T9 sales drop quite a bit, or they wouldn't be bothering with altcoin ASIC miner making to fill up their available foundry space for chipmaking.

But the X11 ASIC will just be a small fraction of the SHA256? Does it make any difference for Bitmain?

[citronick]

I'm pretty up to speed on gpu mining, etc, but the ASIC stuff is pretty foreign to me.  Help me understand the value in purchasing a Bitmain D3 X11.  Quick search looks like can mine DASH?  Are you able to flip it around to other coins or are ASIC built mainly for one coin.   Sorry for the noob question.

It would only be able to mine X11 coins.  There are a few different coins that are X11 but DASH is the most notable at the moment.

My group has a 25GHs X11 farm. 99% Baikal powered farm. Its mining DASH otherwise it will mine in/out of Nicehash when rentals are high.

We are very pleased with it because it is very well built, multi-algo, low powered, good technical support etc.

We were lucky that this investment was done before the DA$H craze and we quickly ROI the entire farm in less than 3 months.

As far as Bitmain is concerned, my group has S7, S9 and L3+ with them.

I would say support the other guys and dont let Bitmain monopolize ASIC market.

[vg54dett]

Sad to say that you need at least 1GHs now to make ETH worth to mine.... anything less than that will be just to tough.

Citronick,
Are you talking about ethpool only?
Or others pools too ? (like dwarf and etheremin)

One of my fellow farmers with a small 1.4 Ghs farm has just gave up and switched to Nicehash to rent out his ETH hash for BTC.

What is the reason for such a switch ? I don't understand.

[citronick]

Sad to say that you need at least 1GHs now to make ETH worth to mine.... anything less than that will be just to tough.

Citronick,
Are you talking about ethpool only?
Or others pools too ? (like dwarf and etheremin)

One of my fellow farmers with a small 1.4 Ghs farm has just gave up and switched to Nicehash to rent out his ETH hash for BTC.

What is the reason for such a switch ? I don't understand.

You need larger hash to mine because of the difficulty levels towards epoch #150... maybe not a problem for the big farms but if you have only a couple of rigs 750mhs-1ghs farm... you need to wait longer for your rewards.... and diff level is getting worse. This applies to all ETH pools...

Rationale:
Switching to the other Ethash coins could be a better bet but you need a hold strategy and accumulate those coins (eg. UBIQ, DBIX).... OR easiest way is get BTC upfront by selling your hash to buyers at Nicehash, and forget about keeping track of all these coins.

[vg54dett]

Sad to say that you need at least 1GHs now to make ETH worth to mine.... anything less than that will be just to tough.

Citronick,
Are you talking about ethpool only?
Or others pools too ? (like dwarf and etheremin)

One of my fellow farmers with a small 1.4 Ghs farm has just gave up and switched to Nicehash to rent out his ETH hash for BTC.

What is the reason for such a switch ? I don't understand.

You need larger hash to mine because of the difficulty levels towards epoch #150... maybe not a problem for the big farms but if you have only a couple of rigs 750mhs-1ghs farm... you need to wait longer for your rewards.... and diff level is getting worse. This applies to all ETH pools...

Rationale:
Switching to the other Ethash coins could be a better bet but you need a hold strategy and accumulate those coins (eg. UBIQ, DBIX).... OR easiest way is get BTC upfront by selling your hash to buyers at Nicehash, and forget about keeping track of all these coins.

What I don't understand is why leaving the usual pools ? as far as I understand, with the difficulty increase, to get the same reward you need more time, so you just get it later, and the next one will probably longer (let's say you keep the payout amount the same in pool's settings).
Isn't it the same with NH ? the time needed to reach an expected payout will increase the same , no?

Or do you mean that the difficulty might go up before you get the reward, so you have to send more hash to get the same reward  ?

In that case, it would be a very bad idea to split between different pools, or differents addresses ? Do you confirm ?

[citronick]

...

[/quote]

What I don't understand is why leaving the usual pools ? as far as I understand, with the difficulty increase, to get the same reward you need more time, so you just get it later, and the next one will probably longer (let's say you keep the payout amount the same in pool's settings).
Isn't it the same with NH ? the time needed to reach an expected payout will increase the same , no?

Or do you mean that the difficulty might go up before you get the reward, so you have to send more hash to get the same reward  ?

In that case, it would be a very bad idea to split between different pools, or differents addresses ? Do you confirm ?
[/quote]

Nicehash buyers use your hash not only ETH only, but many other Ethash coins, ie. ETC, UBIQ, DBIX etc

If you have big hash - then no issues

If you hash small hash - you will see the reward getting longer and longer very soon.

[vg54dett]

If you hash small hash - you will see the reward getting longer and longer very soon.

But in the end, isn't it the same ?

[lanciaominer]

If you hash small hash - you will see the reward getting longer and longer very soon.

But in the end, isn't it the same ?

erm no definitely not. let me put it in simple example

say for example eth price would be 200 now
each day you genererate 1 eth for the whole month, you get get 30 eth for this month

your income would be 200 x 30 = 6000
but with difficulty increasing like mad next month it takes 2 days to generate 1 eth assuming eth price is still the same

so you would only get 15 eth

your income would be 200 x 15 = 3000

big difference there mate, and thats assuming price of eth is still the same. if price goes up then voila the uptick in price will compensate a bit for difficulty.

What if the price of eth drops ... 

[citronick]

If you hash small hash - you will see the reward getting longer and longer very soon.

But in the end, isn't it the same ?

erm no definitely not. let me put it in simple example

say for example eth price would be 200 now
each day you genererate 1 eth for the whole month, you get get 30 eth for this month

your income would be 200 x 30 = 6000
but with difficulty increasing like mad next month it takes 2 days to generate 1 eth assuming eth price is still the same

so you would only get 15 eth

your income would be 200 x 15 = 3000

big difference there mate, and thats assuming price of eth is still the same. if price goes up then voila the uptick in price will compensate a bit for difficulty.

What if the price of eth drops ... 

LOL... nice nick and good summary

vg54dett.... I think best other way to explain this is "opportunities lost vs opportunities gained" if the rigs mine somewhere else with high but not mad high difficulty.

ETH mining has gone into crazy ultra-madness difficultly level, next jump is expected to be up by +40% (according to BBT), if the ETH devs dont do anything about it...

so I think if you caught by this jump up...... example: if you have a few rigs and see ethpool dashboard saying your reward in 5 days.... in the next five days.... you see the same dashboard, I am not surprised, if it says "reward in next 4 days" !

[vg54dett]

If you hash small hash - you will see the reward getting longer and longer very soon.

But in the end, isn't it the same ?

erm no definitely not. let me put it in simple example

say for example eth price would be 200 now
each day you genererate 1 eth for the whole month, you get get 30 eth for this month

your income would be 200 x 30 = 6000
but with difficulty increasing like mad next month it takes 2 days to generate 1 eth assuming eth price is still the same

so you would only get 15 eth

your income would be 200 x 15 = 3000

big difference there mate, and thats assuming price of eth is still the same. if price goes up then voila the uptick in price will compensate a bit for difficulty.

What if the price of eth drops ...  

Thank you for trying to help,
but unfortunately that was not my question

Of course I know what is a difficulty, and what it imply to profit.

I was asking "But in the end, isn't it the same ?" in answer to Citronick's "If you hash small hash - you will see the reward getting longer and longer very soon".
I will tell it another way with an example :
If you earn 5 Eths in 5 days, it doesn't matter if you get 1 Eth each day , or nothing during 4 days then 5 Eths the last day, because in the end, you have 5 Eths anyway.
Of course with difficulty increase, reward decrease. So it takes longer to get a decent amount. But NH or a pool seems to be the same : after a few days, you should have earned the same amount on both.
A little bit less with NH as they always pay lower than expected.

[vg54dett]

ETH mining has gone into crazy ultra-madness difficultly level, next jump is expected to be up by +40% (according to BBT), if the ETH devs dont do anything about it...

Since a week, it is quite stable. Something is going to happen to surge +40%

so I think if you caught by this jump up...... example: if you have a few rigs and see ethpool dashboard saying your reward in 5 days.... in the next five days.... you see the same dashboard, I am not surprised, if it says "reward in next 4 days" !

Here is the answer I wanted.
Thank you.
Within Ethpool , the fast difficulty rise is a real problem because as you said, you could run and run after a reward that always go away from you.

But what about regular pools?
I think this effect is still limited.
That's what I asked in my previous posts. (maybe my translations are not accurate enough to be understood properly)

I understand the Ethpool problem. And  for that case NH will be safer.
But I'm not sure it is the same for regular pools, as they can pay on daily basis and small amounts.

[kemo6600]

@philipma1957

Have you seen anything like this.
GPU4(Afterburner) always struggle  to run 100% core usage , rarely if ever works as it should , tried changing riser , Mobo , windows version and still no luck , same card always doing that problem on Zec , when i use Claymore ETH it is working as it should.higher PT slightly helps but eventually hangs
GPU3 is a luck of the draw , sometimes 100% and sometimes up and down but never hangs , what do you think is the problem

[philipma1957]

so I think if you caught by this jump up...... example: if you have a few rigs and see ethpool dashboard saying your reward in 5 days.... in the next five days.... you see the same dashboard, I am not surprised, if it says "reward in next 4 days" !

Here is the answer I wanted.
Thank you.
Within Ethpool , the fast difficulty rise is a real problem because as you said, you could run and run after a reward that always go away from you.

But what about regular pools?
I think this effect is still limited.
That's what I asked in my previous posts. (maybe my translations are not accurate enough to be understood properly)

I understand the Ethpool problem. And  for that case NH will be safer.
But I'm not sure it is the same for regular pools, as they can pay on daily basis and small amounts.

can still pull away quickly  on any big jump day.

many pool do not pay until you reach

a 0.1 eth level  even that can slide away. Still  I am of the opinion if you reached complete roi on any amd card  you should sell and hold the btc.

or hold ½ the btc and ½ in cash

or hold ⅓ btc ⅓ cash ⅓ zec (or any coin of your choice)

there is no need to mine with amd rx 470/rx 480/ rx 570 / rx 580

if you have achieved roi with the card.

if you have paid off the card and sell it off close to retail  it is pure profit.

not very complicated.

the worst that happens is coins take off in price.  but if you sold 6000 retail worth of cards for 6000

and have 2000 cash 2000 btc 2000 zec or eth

you score anyway.

and no matter what happens you made a profit.  Take a break and wait for new cards.  you can get them in the fall.

it makes next to 0 $$$ sense to continue mining with paid off amd cards at this moment.  mind you paid off cards.  not card you have yet to pay off that is more complicated.

[JaredKaragen]

@philipma1957

Have you seen anything like this.
GPU4(Afterburner) always struggle  to run 100% core usage , rarely if ever works as it should , tried changing riser , Mobo , windows version and still no luck , same card always doing that problem on Zec , when i use Claymore ETH it is working as it should.higher PT slightly helps but eventually hangs
GPU3 is a luck of the draw , sometimes 100% and sometimes up and down but never hangs , what do you think is the problem

is that card upclocked, or downclocked?  Is it clocked the same as all other cards in the rig, or were they all clocked individually? What does its graph look like with no clock change?  

ASIC quality may be a possibility....   for the level of optimizations in the miner app that has trouble that is.....

[philipma1957]

@philipma1957

Have you seen anything like this.
GPU4(Afterburner) always struggle  to run 100% core usage , rarely if ever works as it should , tried changing riser , Mobo , windows version and still no luck , same card always doing that problem on Zec , when i use Claymore ETH it is working as it should.higher PT slightly helps but eventually hangs
GPU3 is a luck of the draw , sometimes 100% and sometimes up and down but never hangs , what do you think is the problem

is that card upclocked, or downclocked?  Is it clocked the same as all other cards in the rig, or were they all clocked individually? What does its graph look like with no clock change?  

ASIC quality may be a possibility....   for the level of optimizations in the miner app that has trouble that is.....

Okay

pull the 1070.

and using msi after burner synch the 4 1080 ti's

use tdp 75%
core 100
ram -500
fan 75%

also the exact make and model of your 4 1080 ti's

I have found some 1070's  do not like running with 1080 ti's

the galax katana  1070 slim  did not like running with 1080 ti's using msi afterburner.

I can see  your 4 1080 ti's have different core settings  I wonder why.

are they different sets of 1080 ti's

gigabyte aorus  1080 ti is a bit weird for me

I wonder if you have gigabyte's and they are acting up.

by the way  2 and 3 card rigs  can fix this it could be impossible for a fix on a five card rig due to driver conflict.

[citronick]

From the ETH dev meeting.... looks like there is going to be a big relief and continuity for ETH mining.... hope this happens.
My group has a 6GHs ETH farm and we are watching this development very closely....

https://themerkle.com/ethereum-developers-contemplate-delaying-difficulty-bomb-by-another-1-4-years/

ETH mining has gone into crazy ultra-madness difficultly level, next jump is expected to be up by +40% (according to BBT), if the ETH devs dont do anything about it...

Since a week, it is quite stable. Something is going to happen to surge +40%

so I think if you caught by this jump up...... example: if you have a few rigs and see ethpool dashboard saying your reward in 5 days.... in the next five days.... you see the same dashboard, I am not surprised, if it says "reward in next 4 days" !

[kemo6600]

Okay

pull the 1070.

and using msi after burner synch the 4 1080 ti's

use tdp 75%
core 100
ram -500
fan 75%

also the exact make and model of your 4 1080 ti's

I have found some 1070's  do not like running with 1080 ti's

the galax katana  1070 slim  did not like running with 1080 ti's using msi afterburner.

I can see  your 4 1080 ti's have different core settings  I wonder why.

are they different sets of 1080 ti's

gigabyte aorus  1080 ti is a bit weird for me

I wonder if you have gigabyte's and they are acting up.

by the way  2 and 3 card rigs  can fix this it could be impossible for a fix on a five card rig due to driver conflict.

All 4 Cards are Zotac AMP , different core settings because the two bad cards where hitting 2GHZ and crashing when having positive offset on core clock ,removing the core OC and raising the power target helped with stability a bit .
Will give it a try and let you know .

[Marvell1]

From the ETH dev meeting.... looks like there is going to be a big relief and continuity for ETH mining.... hope this happens.
My group has a 6GHs ETH farm and we are watching this development very closely....

https://themerkle.com/ethereum-developers-contemplate-delaying-difficulty-bomb-by-another-1-4-years/

ETH mining has gone into crazy ultra-madness difficultly level, next jump is expected to be up by +40% (according to BBT), if the ETH devs dont do anything about it...

Since a week, it is quite stable. Something is going to happen to surge +40%

so I think if you caught by this jump up...... example: if you have a few rigs and see ethpool dashboard saying your reward in 5 days.... in the next five days.... you see the same dashboard, I am not surprised, if it says "reward in next 4 days" !

3g myslef here and i prefer ethpool since at least 10 percent of the time i get an uncle ,
I preorders a few d3s probbaly just gona sell them though, Ive had bad experince with bitmain gear

thank god i sold all my baikails , got some really salty buyers out there l feel bad for them
paying $3k for 300 mhs baikal smh

you would be better served to part out your 25 mhs farm roi or not even if you
get a 3rd of what you paid for it , then put that new $$ towards d3 or any if the othercnew asics

[philipma1957]

From the ETH dev meeting.... looks like there is going to be a big relief and continuity for ETH mining.... hope this happens.
My group has a 6GHs ETH farm and we are watching this development very closely....

https://themerkle.com/ethereum-developers-contemplate-delaying-difficulty-bomb-by-another-1-4-years/

ETH mining has gone into crazy ultra-madness difficultly level, next jump is expected to be up by +40% (according to BBT), if the ETH devs dont do anything about it...

Since a week, it is quite stable. Something is going to happen to surge +40%

so I think if you caught by this jump up...... example: if you have a few rigs and see ethpool dashboard saying your reward in 5 days.... in the next five days.... you see the same dashboard, I am not surprised, if it says "reward in next 4 days" !

3g myslef here and i prefer ethpool since at least 10 percent of the time i get an uncle ,
I preorders a few d3s probbaly just gona sell them though, Ive had bad experince with bitmain gear

thank god i sold all my baikails , got some really salty buyers out there l feel bad for them
paying $3k for 300 mhs baikal smh

you would be better served to part out your 25 mhs farm roi or not even if you
get a 3rd of what you paid for it , then put that new $$ towards d3 or any if the othercnew asics

yeah part of the game is dumping gear and either holding coins converting to cash or upgrading to new gear.

 It can be hard for people to do this at the right time.

The key is do not get crushed by holding old gear too long.

[vg54dett]

it makes next to 0 $$$ sense to continue mining with paid off amd cards at this moment.  mind you paid off cards.  not card you have yet to pay off that is more complicated.

Not so simple ...
Mining with AMD card, paid off or not, is still a good way of getting ETHs ..
Profit is still very higher than the one we had in january for example. And I remember that in january, many people were buying brand new AMD gpus with way longer expected ROI than today. (due to Eth rates)

At the moment, there is nothing really better than AMD roied cards for mining. Or is there somehting new I missed ?