Fifth alt coin thread last four got too big.

[JaredKaragen]

....and here I am still mining with my GTX980 because I bought it with hard earned cash (before I began my mining ventures) just for playing video games....  That thing cost me over $650 originally.... which was a HUGE expense in my book then  Hard to let go of it... but it is still up for grabs if someone buys it XD

Such a low feeling (to me) selling it for even $250 now...  then again, its earned me quite a pretty penny in its time.  ROI'd several times over already.

And I bought my 1070 FTW DT ACX3 for gaming as well (and mining), and paid almost $600, right before its price dropped due to the Ti launch announcement months later...   I don't mind though =)  I think this one paid itself off during the rise to the peak of the recent bubble.  But I don't care about the ROI figure given its use.

[QuintLeo]

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

 It would seem you missed the insane gouge pricing on RX 470/480/570/580 models that have put most of them *WHEN AVAILABLE AT ALL* commonly into GTX 1070 and sometimes GTX 1080 price levels the last 2-3 months.


 ETH network hashrate has stagnated for about a week now, I do NOT see it going up 40% or even 10% unless the price makes a serious move upwards.

 Profitability isn't much IF ANY better right now than it was the middle of last summer, when ETH hashrate was climbing a few percent A MONTH most months.

[bitblackred]

I thought, everything was answered in the last 2 threads
Thank you for your job,philipma1957! You answer hundreds of newbies and help our bitcoin-society to develop.

[vg54dett]

 It would seem you missed the insane gouge pricing on RX 470/480/570/580 models that have put most of them *WHEN AVAILABLE AT ALL* commonly into GTX 1070 and sometimes GTX 1080 price levels the last 2-3 months.


 ETH network hashrate has stagnated for about a week now, I do NOT see it going up 40% or even 10% unless the price makes a serious move upwards.

 Profitability isn't much IF ANY better right now than it was the middle of last summer, when ETH hashrate was climbing a few percent A MONTH most months.

About Amd card, that's why I talked about roied ones. (they seems out of stock worldwide)

About GT1070 , their prices went up too ...

I agree with you for the others things. Profitability in December/January (before price surge) was way lower than last summer.

[VoskCoin]

Thoughts on litecoin diff / impending increase of diff as July l3+ get delivered and many more coming in the next 2 months?

I don't understand why the miners sell so high right now, it seems it may make more sense to sell the miner now vs mining with it?

[philipma1957]

 It would seem you missed the insane gouge pricing on RX 470/480/570/580 models that have put most of them *WHEN AVAILABLE AT ALL* commonly into GTX 1070 and sometimes GTX 1080 price levels the last 2-3 months.


 ETH network hashrate has stagnated for about a week now, I do NOT see it going up 40% or even 10% unless the price makes a serious move upwards.

 Profitability isn't much IF ANY better right now than it was the middle of last summer, when ETH hashrate was climbing a few percent A MONTH most months.

About Amd card, that's why I talked about roied ones. (they seems out of stock worldwide)

About GT1070 , their prices went up too ...

I agree with you for the others things. Profitability in December/January (before price surge) was way lower than last summer.

this is because your style of play is all out.  my thoughts are  if it all crashes and burns  your shot at selling the paid for cards at retail or retail plus is gone .

so if you have 6000 retail in rx cards paid you can get 6000 retail or maybe 6200 retail.

and  keep 3100 in cash and 3100 in some type of coin.

an absolute certain win of 3100 cash  and if the coin you held  stays hot and goes up  you have a certain win that become bigger.

if the coin you held drops to 500  you still have the 500 worth of coin  and the 3100 cash.

if the market bombs  and you did not sell the cards will drop to 1000 or so in value.  giving you

1000 and maybe 200 or 300 in coin.   well under   3100 and 500 in coin.




now all my numbers do not take into account free power factor.

if you are a true free power guy  just mine as the cards always earn something.

[Storx]

I have decided to take a chance on alternative cooling on one of my GPU rigs at my parents, i have been having lots of thermal issues with this Florida heat and after thinking about it over and over because i have turned the cards way down and im still bouncing off 100% fan at peak of the day to stay in the 70c range... i have decided to try out water cooling on one rig, I contacted NZXT, because i did not want to have to purchase waterblocks for every single card i mine with with to do watercooling, so i contacted them asking if i can test out one of their Kraken G12 kits on GPU's mining, they agreed to send me a set of 4 G12 kits and multiple different AIO's they sell to do a partnered sponsorship for an honest review. I am going to be doing 2 different test with these G12 kits, i honestly was not planning to run AIO's on the GPU's, because i have 1 single hybrid 1080ti that i run mining and god bless the poor waterlines on that thing are hot as balls and i had to mount it very carefully, because once the heat got into the lines they wanted to fold over extremely easy.

I am going to do a review on the G12 kit with AIO's to fulfill my obligations, but i plan on installing universal copper GPU waterblocks on them afterwards and run a single custom loop using 1 inch pex tubing with barbed fittings. The reason for the G12/Universal waterblcok route is because, i can return the GPU's back to AIR when i want to sell them later easily and i can reuse the kits along with blocks on different GPU's.

The current plan is to use a portable pool for the concept as the dumping location for heat, i got this idea from the guy in the bitcoin section who watercooled all his Bitmain Antminers and instead of using radiators and fans to cool his loop, he ran the watercooling loop into a large copper spiraled loop that he laid inside of his pool in the backyard of his house. The heat from his Antminer's would be absorbed by the water in his pool and the large body of water would release the heat into the atmosphere.

Instead of using large pumps to push water through all his Gear loops, he used gravity fed system, because the pumps were unable to overcome the resistance of the waterblocks on the Antminers after so many in a loop, so after finding this out he switched to a overflow gravity system, which has larger 2 inch pipes running along the top of the wall as the reservoir basically and each pex line ran off the larger pipe gravity feeding coolant through the machine and back to the pool to cycle again. The larger pipe on the walls is fed by multiple cheaper pumps to split the load and a overflow level is used to dump excess pumped fluid back to the pump.

[LoneRangir]

Does anyone have any feedback on a good "debug" screen/monitor?  I have miners spread out, and only have a monitor handy for 2 of them.  The machines act differently when they have an actual monitor attached to them, and a hard line network connection. It would be nice to plug in an actual screen and see the bios screen once in a while.

I'm assuming there's a good 7,9, 11" screen out there that could help me out.

[Vann]

 It would seem you missed the insane gouge pricing on RX 470/480/570/580 models that have put most of them *WHEN AVAILABLE AT ALL* commonly into GTX 1070 and sometimes GTX 1080 price levels the last 2-3 months.


 ETH network hashrate has stagnated for about a week now, I do NOT see it going up 40% or even 10% unless the price makes a serious move upwards.

 Profitability isn't much IF ANY better right now than it was the middle of last summer, when ETH hashrate was climbing a few percent A MONTH most months.

Selling cards that
About Amd card, that's why I talked about roied ones. (they seems out of stock worldwide)

About GT1070 , their prices went up too ...

I agree with you for the others things. Profitability in December/January (before price surge) was way lower than last summer.

this is because your style of play is all out.  my thoughts are  if it all crashes and burns  your shot at selling the paid for cards at retail or retail plus is gone .

so if you have 6000 retail in rx cards paid you can get 6000 retail or maybe 6200 retail.

and  keep 3100 in cash and 3100 in some type of coin.

an absolute certain win of 3100 cash  and if the coin you held  stays hot and goes up  you have a certain win that become bigger.

if the coin you held drops to 500  you still have the 500 worth of coin  and the 3100 cash.

if the market bombs  and you did not sell the cards will drop to 1000 or so in value.  giving you

1000 and maybe 200 or 300 in coin.   well under   3100 and 500 in coin.




now all my numbers do not take into account free power factor.

if you are a true free power guy  just mine as the cards always earn something.

Mining isn't always about ROI or even making your power bill. Selling cards that are paid off now only makes sense if you are planning to quit mining. Otherwise you are left with rebuying overpriced cards compared to the cards you sold and extentending your ROI all over again. i don't see the value in that. People that were mining ETH at a loss after power when it was <$10 and accumulating several coins a week with a 6 card rig towards the end of last year did a much better now than those that sold the rig.

[LoneRangir]

 It would seem you missed the insane gouge pricing on RX 470/480/570/580 models that have put most of them *WHEN AVAILABLE AT ALL* commonly into GTX 1070 and sometimes GTX 1080 price levels the last 2-3 months.


 ETH network hashrate has stagnated for about a week now, I do NOT see it going up 40% or even 10% unless the price makes a serious move upwards.

 Profitability isn't much IF ANY better right now than it was the middle of last summer, when ETH hashrate was climbing a few percent A MONTH most months.

Selling cards that
About Amd card, that's why I talked about roied ones. (they seems out of stock worldwide)

About GT1070 , their prices went up too ...

I agree with you for the others things. Profitability in December/January (before price surge) was way lower than last summer.

this is because your style of play is all out.  my thoughts are  if it all crashes and burns  your shot at selling the paid for cards at retail or retail plus is gone .

so if you have 6000 retail in rx cards paid you can get 6000 retail or maybe 6200 retail.

and  keep 3100 in cash and 3100 in some type of coin.

an absolute certain win of 3100 cash  and if the coin you held  stays hot and goes up  you have a certain win that become bigger.

if the coin you held drops to 500  you still have the 500 worth of coin  and the 3100 cash.

if the market bombs  and you did not sell the cards will drop to 1000 or so in value.  giving you

1000 and maybe 200 or 300 in coin.   well under   3100 and 500 in coin.




now all my numbers do not take into account free power factor.

if you are a true free power guy  just mine as the cards always earn something.

Mining isn't always about ROI or even making your power bill. Selling cards that are paid off now only makes sense if you are planning to quit mining. Otherwise you are left with rebuying overpriced cards compared to the cards you sold and extentending your ROI all over again. i don't see the value in that. People that were mining ETH at a loss after power when it was <$10 and accumulating several coins a week with a 6 card rig towards the end of last year did a much better now than those that sold the rig.

You have to put the last ~9 months in context.  It has been extraordinary circumstances.  It was hard NOT to make money in the last few months!  
Anyone that has equipment that is not ROI'd has purchased it in the last 3-6 months, not the last 8-18 months.

Also you're picking a coin where you know the outcome. You could've been mining junk-coin, or trash-coin instead of ETH (which went to the moon), and you'd have a different perspective.

In general, Moore's Law is alive and well. Compute processing is going to double every 18-24 months.  If you don't stay ahead, or on par with that, you're going to be behind.  The difficulty growth just exacerbates this problem.  

[Vann]

I would disagree. The Crypto market is growing exponetially as evidenced by the exploding market caps over the past two years. IMO that will continue as more people start paying attention to $2000+ BTC. ETH hasn't even begun to shown it's development platform potential. The same goes for other coins. In any given time period investments can go up or down. That's called risk and is part of any investment, mining is no different. The diffrence is with a mining rig that's paid off, your set costs are essentailly the same no matter what coin you mine.

Historically those that take a long term approch and mine coins they believe in do much better than those that just look at short term profits. Just like those that were mining LTC or Dash when ASICS took those coins over in 2014. I stopped mining at the end of 2014 after it was no longer profitable. I got back in earlier this year and and looking back, it was a mistake not to have just kept mining. I did keep most of the coins I mined and for the most part, I'm glad I did.

AMD RX series cards that were bought for close to the original MSRP are more profitable in hash/cost than any other cards available at the moment. I currently don't see a reason or better options to replace cards that i'm currently making $2 a day profit per card with.

[LoneRangir]

I would disagree. The Crypto market is growing exponetially as evidenced by the exploding market caps over the past two years. IMO that will continue as more people start paying attention to $2000+ BTC. ETH hasn't even begun to shown it's development platform potential. In any given time period investments can go up or down. That's called risk and is true about any investment, mining is no different. The diffrence is with a mining rig that's paid off, your set costs are essentailly the same no matter what coin you mine. Historically those that take a long term approch and mine coins they believe in do much better than those that just look at short term profits. Just like those that were mining LTC or Dash when ASICS took those coins over in 2014. I stopped mining at the end of 2014 after it was no longer profitable. I got back in earlier this year and and looking back, it was a mistake not to have just kept mining. I did keep most of the coins I mined and for the most part, I'm glad I did.

AMD RX series cards that were bought for close to the original MSRP are more profitable in hash/cost than any other cards available at the moment. I currently don't see a reason or better options to replace cards that i'm currently making $2 a day profit per card with.

What were you mining back in 2014? 2015 2013?  The algorithms keep up with the technology.  You can't mine ETH on a card from 2014 2012/2013.  The DAG file is too big to fit in 1/2GB of VRAM.

You can always make more money on "old" equipment, That's not in debate.  However,   are you positioning yourself to keep up with an exponentially evolving marketplace? 

[citronick]

Does anyone have any feedback on a good "debug" screen/monitor?  I have miners spread out, and only have a monitor handy for 2 of them.  The machines act differently when they have an actual monitor attached to them, and a hard line network connection. It would be nice to plug in an actual screen and see the bios screen once in a while.

I'm assuming there's a good 7,9, 11" screen out there that could help me out.

I use alot of VNC and TV for remote access from central console, from home or from next door to machine room.

But yea, there are times when you need to troubleshoot or install something manually so...

I use a 9" LCD screen & RF mini keyboard/touch pad -- good enough to see and change BIOS settings etc.

It was going to be used for my Pi project but ended up going headless, so had a spare small portable LCD screen.

[Vann]

I would disagree. The Crypto market is growing exponetially as evidenced by the exploding market caps over the past two years. IMO that will continue as more people start paying attention to $2000+ BTC. ETH hasn't even begun to shown it's development platform potential. In any given time period investments can go up or down. That's called risk and is true about any investment, mining is no different. The diffrence is with a mining rig that's paid off, your set costs are essentailly the same no matter what coin you mine. Historically those that take a long term approch and mine coins they believe in do much better than those that just look at short term profits. Just like those that were mining LTC or Dash when ASICS took those coins over in 2014. I stopped mining at the end of 2014 after it was no longer profitable. I got back in earlier this year and and looking back, it was a mistake not to have just kept mining. I did keep most of the coins I mined and for the most part, I'm glad I did.

AMD RX series cards that were bought for close to the original MSRP are more profitable in hash/cost than any other cards available at the moment. I currently don't see a reason or better options to replace cards that i'm currently making $2 a day profit per card with.

What were you mining back in 2014? 2015 2013?  The algorithms keep up with the technology.  You can't mine ETH on a card from 2014 2012/2013.  The DAG file is too big to fit in 1/2GB of VRAM.

You can always make more money on "old" equipment, That's not in debate.  However,   are you positioning yourself to keep up with an exponentially evolving marketplace?  

Towards the end of 2014 when I stopped I mostly mined new coins with a low diff since I only had a couple of Pitcarin cards and that was the only thing that was profitable. The 2GB cards I have are still profitable to mine ZEC at ~195 H/s. You can also mine other new Ethash coins like UBIQ that have a smaller Dag file. The RX cards I bought are already the best choice in hash/cost for most algorithms, I don't see that changing any time soon, especially with how overpriced all cards are ATM, so why fix what's not broken?  Keep making money or accumulating coins with the cards that are paid off and if you need to upgrade, then you can sell the cards or some of the coins and buy more cards.

[LoneRangir]

I would disagree. The Crypto market is growing exponetially as evidenced by the exploding market caps over the past two years. IMO that will continue as more people start paying attention to $2000+ BTC. ETH hasn't even begun to shown it's development platform potential. In any given time period investments can go up or down. That's called risk and is true about any investment, mining is no different. The diffrence is with a mining rig that's paid off, your set costs are essentailly the same no matter what coin you mine. Historically those that take a long term approch and mine coins they believe in do much better than those that just look at short term profits. Just like those that were mining LTC or Dash when ASICS took those coins over in 2014. I stopped mining at the end of 2014 after it was no longer profitable. I got back in earlier this year and and looking back, it was a mistake not to have just kept mining. I did keep most of the coins I mined and for the most part, I'm glad I did.

AMD RX series cards that were bought for close to the original MSRP are more profitable in hash/cost than any other cards available at the moment. I currently don't see a reason or better options to replace cards that i'm currently making $2 a day profit per card with.

What were you mining back in 2014? 2015 2013?  The algorithms keep up with the technology.  You can't mine ETH on a card from 2014 2012/2013.  The DAG file is too big to fit in 1/2GB of VRAM.

You can always make more money on "old" equipment, That's not in debate.  However,   are you positioning yourself to keep up with an exponentially evolving marketplace?  

Towards the end of 2014 when I stopped I mostly mined new coins with a low diff since I only had a couple of Pitcarin cards. The 2GB cards I have are still profitable to mine ZEC at ~195 H/s. You can also mine other new Ethash coins like UBIQ that have a smaller Dag file. The RX cards I bought are already the best choice in hash/cost for most algorithms, I don't see that changing any time soon, especially with how overpriced cards are ATM, so why fix what's not broken?  Keep making money or accumulating coins with the cards that are paid off and if you need to upgrade, then you can buy more cards.

There is a crossover point where you can make more money per watt per card with newer cards at the right price (This may be the point that's getting lost).  (Nearly) Nobody is successfully mining with a 1GB card anymore.  The technology is continuously getting better.  Current gen card prices are all out of whack right now.  You can make money selling "old" card, you can get screwed by "buying" new cards.   Maybe I'm justifying doing both...

We're both right, we don't need to continue to argue...  This is the internet.  Nobody will ever win  

[philipma1957]

I am winning at least in terms of profit




like I said  rx 470 rx 480 rx 570 rx 580 cards fully paid off

are meant to be sold.


6000 in retail  will sell for the same or more right now.


that is pure profit  since they are paid off.



It is not about squeezing the last penny out of your cards.

If you can make profit  certain  today via a sale of them  

basically  doing a 100 % profit at the minimum

6000 in and 12000 back  certain  and done .

vs 6000 in 6000 back and still mine  hoping to beat that 6000 from selling you simply don't understand  game strategy.

the proper move is to sell.

I am sitting on 9 nvidia 1080 ti's  all paid and mining  and a few crap cards

 1 rx 480 8gb left from 40 or so
 1 rx 460 4gb left from   8
 1 r9 290x 4gb
 1 1050 ti   6gb

I kept the lessor  cards  for testing some rigs and ideas out.

everything is paid off.  

Holding cash
Holding BTC
Holding coins.

I would tell you right now  I would sell    7 of the 1080ti's if I got exact retail price for them roughly 5k.  
I would toss in  the 1 r9 290x  and the  rx 480 8gb asus strix  as a bonus and a quality setup mobo with a cpu i5 6400t + 8gb ram  stick as a bonus

 it gives me   a certain profit of 5k more then I have at the moment.

Would be crazy not to.

I would cash ½ of the 2.2 btc and hold  the  other coins.

I would still have 60th  in BTC mining.

I would be down to:

 2x 1080 ti's
  1x  rx 460
 1x 1050 ti

and  the s-9's the avalon 721's and the single r4

I would be holding coins and cash and  could take the summer off.

My hope is the 1080 ti's drift up a bit  as I would sell them off.  I am a bit tired of mining as it is.

I would build back up in Oct.  if I feel like it.

So 7 1080 ti's
    1 r 290x
    1 rx 480 8gb
     1 setup mobo  a biostar z170  a i5 6400t a 8gb ram stick

usa only 5k  which is under retail.  

[Storx]

My hope is the 1080 ti's drift up a bit  as I would sell them off.  I am a bit tired of mining as it is.
 

Say it aint so..... are you just getting low earnings? My 30 day average as of today after deducting my power cost is $4.71 per 1080ti card since all i have is 1080ti's at the moment.

[philipma1957]

My hope is the 1080 ti's drift up a bit  as I would sell them off.  I am a bit tired of mining as it is.
 

Say it aint so..... are you just getting low earnings? My 30 day average as of today after deducting my power cost is $4.71 per 1080ti card since all i have is 1080ti's at the moment.

They make about 4.50. Each  a day for me after power costs.

But for me summer power is costly,  so I would sell off all of the above.

As it would be all profit and less work.

Remember I am older (60) and can get run down a bit easier then some younger members.

[Storx]

My hope is the 1080 ti's drift up a bit  as I would sell them off.  I am a bit tired of mining as it is.
 

Say it aint so..... are you just getting low earnings? My 30 day average as of today after deducting my power cost is $4.71 per 1080ti card since all i have is 1080ti's at the moment.

They make about 4.50. Each  a day for me after power costs.

But for me summer power is costly,  so I would sell off all of the above.

As it would be all profit and less work.

Remember I am older (60) and can get run down a bit easier then some younger members.

I get ya, i seem to have to play with the rigs like 1 or 2 times a week.. been getting old.. but recently i bought some smart switches so i can turn the outlet off on the PC through an app, then i had computer setup to auto start after a powerloss, so i just turn it off, let it boot up and log in via teamviewer to check it all out, the mining is setup to auto start backup on startup.... but most of my issues lately has been heat issues.. i keep having random GPU's getting stuck not mining, but still consuming power.. dont understand it.. then the GPU because its stuck it doesnt respond with fans and gets to hot and goes missing tell i get a chance to restart the pc.

[maomaopop]

Hi philip,

What are you guys mining to get 4.25 (after power deduction) per Ti card? I am making 3.25(before power deduction \ 0.016 zcash per day) at nanopool-zcash. Could you give some hints for a newbie miner here? i tried multi-algo autoswitching at zpool and it was even worst.

65% tdp, -100 mem, +50 core.