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BitBustah (OP)
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February 13, 2018, 06:22:55 PM |
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Started mining again. Made 3 euro the last 12 hours with my 4 GPUs (1080 ti, 1080, 1080, 1070). That's terrible...
The most profitable bitcoins I ever mined, were the ones I mined when it was unprofitable to do so.
think about it I did. It's true.. When the coin increases in value. When it doesn't... |
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treanski
Full Member
 Offline
Activity: 364
Merit: 106
ONe Social Network.
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February 13, 2018, 06:26:36 PM |
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Started mining again. Made 3 euro the last 12 hours with my 4 GPUs (1080 ti, 1080, 1080, 1070). That's terrible...
The most profitable bitcoins I ever mined, were the ones I mined when it was unprofitable to do so.
think about it I did. It's true.. When the coin increases in value. When it doesn't...  oh man you are hero member, if that account isnt bought you should have some experience how crypto works. |
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Ambros
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February 13, 2018, 06:46:17 PM |
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thanks god some of the fucktards stop mining and hopefully they will dump their gpus on the second market, so real miners can benefit from it
This message is full of anger, but actually, I would like to see hobby miners selling their cards so that we prices will finally get back to normal. |
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BitBustah (OP)
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February 13, 2018, 06:49:08 PM |
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oh man you are hero member, if that account isnt bought you should have some experience how crypto works. I can assure you it is not bought. I used to own a faucet and stuff loooooong time ago... I used to be positive like you, but now I am not. When I started mining I made 3 euro a day with just 1 GPU. For me it has never been this bad. The world has changed, that's why I think BTC won't rise that much anymore. It's not a bad thing -crypto will never die, but for me it is not making me enough money anymore. Good thing is I have a few GPUs for when I buy my Oculus.  |
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gotminer
Member
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Activity: 644
Merit: 24
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February 13, 2018, 06:51:48 PM |
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oh man you are hero member, if that account isnt bought you should have some experience how crypto works. I can assure you it is not bought. I used to own a faucet and stuff loooooong time ago... I used to be positive like you, but now I am not. When I started mining I made 3 euro a day with just 1 GPU. For me it has never been this bad. The world has changed, that's why I think BTC won't rise that much anymore. It's not a bad thing -crypto will never die, but for me it is not making me enough money anymore. Good thing is I have a few GPUs for when I buy my Oculus. I'm certainly going to keep some good gpu's for VR when I decide call it quits with gpu mining. |
Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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BitBustah (OP)
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February 13, 2018, 06:53:27 PM |
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oh man you are hero member, if that account isnt bought you should have some experience how crypto works. I can assure you it is not bought. I used to own a faucet and stuff loooooong time ago... I used to be positive like you, but now I am not. When I started mining I made 3 euro a day with just 1 GPU. For me it has never been this bad. The world has changed, that's why I think BTC won't rise that much anymore. It's not a bad thing -crypto will never die, but for me it is not making me enough money anymore. Good thing is I have a few GPUs for when I buy my Oculus. I'm certainly going to keep some good gpu's for VR when I decide call it quits with gpu mining. Great minds think alike. Is the Oculus still the best on the market atm? |
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Mister1k
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February 13, 2018, 07:15:27 PM |
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oh man you are hero member, if that account isnt bought you should have some experience how crypto works. I can assure you it is not bought. I used to own a faucet and stuff loooooong time ago... I used to be positive like you, but now I am not. When I started mining I made 3 euro a day with just 1 GPU. For me it has never been this bad. The world has changed, that's why I think BTC won't rise that much anymore. It's not a bad thing -crypto will never die, but for me it is not making me enough money anymore. Good thing is I have a few GPUs for when I buy my Oculus. As difficulty and price fall is there in the market so your profit will be less now. Once the value of every crypto currencies back in action we will find its value grown more than any investment option in crypto investment. Hope you do not demotivate yourself in this time. Have to wait for some months to find the profit in USD calculation still in crypto value it is profitable. Am I right buddy. |
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treanski
Full Member
Offline
Activity: 364
Merit: 106
ONe Social Network.
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February 13, 2018, 07:20:08 PM |
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oh man you are hero member, if that account isnt bought you should have some experience how crypto works. I can assure you it is not bought. I used to own a faucet and stuff loooooong time ago... I used to be positive like you, but now I am not. When I started mining I made 3 euro a day with just 1 GPU. For me it has never been this bad. The world has changed, that's why I think BTC won't rise that much anymore. It's not a bad thing -crypto will never die, but for me it is not making me enough money anymore. Good thing is I have a few GPUs for when I buy my Oculus. after bitcoin crash last year to 3k $, i barely mined my electricity costs. but i kept mining and in december i paid of all my rigs and made some nice profit... hodl and believe |
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The Demon Slick
Newbie
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Activity: 182
Merit: 0
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February 20, 2018, 05:23:12 AM |
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My 1080ti, 2x 1080 and 1070 made 12 euro during the last 24 hours.
12 euros.. That's almost next to nothing when substracting the power and transaction costs.
I'm shutting down my miner for a few weeks. Is anyone else taking these drastic measurements, or am I the only one?
I must confess that I don't believe BTC will go up again soon... (sorry to the believers here, no disrespect intended).
Did you shut down for a while? If you didn't, did you sell your coins cheap? I guess my point is, look how fast things change! If you kept mining, and held your coins until now, you would have made just as much money as if the coins had never dropped in the first place. |
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BitBustah (OP)
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February 20, 2018, 05:52:47 AM |
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My 1080ti, 2x 1080 and 1070 made 12 euro during the last 24 hours.
12 euros.. That's almost next to nothing when substracting the power and transaction costs.
I'm shutting down my miner for a few weeks. Is anyone else taking these drastic measurements, or am I the only one?
I must confess that I don't believe BTC will go up again soon... (sorry to the believers here, no disrespect intended).
Did you shut down for a while? If you didn't, did you sell your coins cheap? I guess my point is, look how fast things change! If you kept mining, and held your coins until now, you would have made just as much money as if the coins had never dropped in the first place. I started mining a few weeks ago.. Earnings are up, but still not as good as I'd wish. Let us hope BTC will keep going up.... |
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xtin-tin
Jr. Member
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Activity: 48
Merit: 2
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February 20, 2018, 06:40:03 AM |
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Hope you can still earn from this, I have actually read some of the miners said that its kinda hard for them to earn in mining at this point.
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gotminer
Member
Offline
Activity: 644
Merit: 24
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February 20, 2018, 01:21:45 PM |
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Hope you can still earn from this, I have actually read some of the miners said that its kinda hard for them to earn in mining at this point.
Lol. |
Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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Wotan Wipeout
Member
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Activity: 438
Merit: 27
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February 20, 2018, 02:56:38 PM |
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Its all a question about income and the electric bill.
Check if you can outsource your rigs.
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Kelarid
Newbie
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Activity: 81
Merit: 0
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February 23, 2018, 12:39:29 PM |
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oh man you are hero member, if that account isnt bought you should have some experience how crypto works. I can assure you it is not bought. I used to own a faucet and stuff loooooong time ago... I used to be positive like you, but now I am not. When I started mining I made 3 euro a day with just 1 GPU. For me it has never been this bad. The world has changed, that's why I think BTC won't rise that much anymore. It's not a bad thing -crypto will never die, but for me it is not making me enough money anymore. Good thing is I have a few GPUs for when I buy my Oculus. after bitcoin crash last year to 3k $, i barely mined my electricity costs. but i kept mining and in december i paid of all my rigs and made some nice profit... hodl and believe Would that be better if you just buy and hold? |
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johny78
Newbie
Offline
Activity: 37
Merit: 0
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February 23, 2018, 04:22:33 PM |
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Mining is still profitable even with avg power cost ~0.15$ kwh
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flip4flop
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February 23, 2018, 04:31:20 PM |
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It is profitable at a much higher rate than that. I am still making a few hundred a month at .127 after electric costs. I have no plan to stop mining even if it ends up break even or a littler loss. I have been holding for a long time since paying off all my rigs. I will patiently mine and hold till other give up and prices begin to rise again.
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Digital Drug Lord
Member
Offline
Activity: 308
Merit: 12
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February 23, 2018, 04:36:12 PM |
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My 1080ti, 2x 1080 and 1070 made 12 euro during the last 24 hours.
12 euros.. That's almost next to nothing when substracting the power and transaction costs.
I'm shutting down my miner for a few weeks. Is anyone else taking these drastic measurements, or am I the only one?
I must confess that I don't believe BTC will go up again soon... (sorry to the believers here, no disrespect intended).
Did you shut down for a while? If you didn't, did you sell your coins cheap? I guess my point is, look how fast things change! If you kept mining, and held your coins until now, you would have made just as much money as if the coins had never dropped in the first place. I started mining a few weeks ago.. Earnings are up, but still not as good as I'd wish. Let us hope BTC will keep going up.... sad that bitcoin has to have an over inflated price of over $17,000 for mining to be profitable this is the true price of many coins |
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treanski
Full Member
Offline
Activity: 364
Merit: 106
ONe Social Network.
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February 23, 2018, 04:36:43 PM |
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you just need to mine the right stuff, for example ipbc first day with the good 10k blocks my effort for 23h mining = ~23k coins = ~1500$@current rate |
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RYXES
Member
Offline
Activity: 140
Merit: 10
Merit me or don't.
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February 23, 2018, 04:38:48 PM |
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Started mining in August, held then sold in December and paid off both my rigs, all the electricity and have a bit left in the tank!
And electricity is spenny over here in the UK!
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Merit me or don't.
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hous26
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February 23, 2018, 04:53:07 PM |
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Honestly, mining profitability has been very good for the past couple months. Even at the lowest dip from like 2 weeks ago, profitability was overall very good.
Right now my 6x 1060 rig is generating close to $9 a day. At one point it was down below $5 but that was a couple months ago. Yeah it will take some time to pay off any new rigs but its absolutely stupid to shut down the rigs you already posses unless you are paying like 50 cents kwh.
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