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Author Topic: I shut it down tonight boys.  (Read 5066 times)
cryptovigi
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March 30, 2018, 10:50:41 PM
 #21

My little hobby rig cannot find a coin to mine thats profitable. Even with $0.06kWh electricity Im losing money from this point on.

https://www.youtube.com/watch?v=JSUIQgEVDM4

Now you have an opportunity to rest morally! This is not the end of mining, but just a respite. I will continue to mine even with zero profit, since I believe that the crypto currency at the bottom is temporarily!

agree!
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March 30, 2018, 11:44:42 PM
 #22

We all feel the pain right now, can't blame OP for turning the rig off. OTH, I do think crypto's taken a battering from all directions of society almost unprecedented for new tech, and we're approaching the bottom. So, still mining for the future too.
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March 30, 2018, 11:51:47 PM
 #23

'Pulls up belt strap and tips cowboy hat'
Yep fellers, i guess it's time to shut em down 😉😉😉
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March 30, 2018, 11:53:42 PM
 #24

Have you tried selling your GPUs? Whats the market like, did anyone even seem interested in your GPUs?

Too bad you had to shutdown. You ca't rely on whattomine.com to give you a list of profitable coins. Some people are still One simple tip is for you to check out other calculators out there.

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March 31, 2018, 12:16:50 AM
Last edit: March 31, 2018, 12:39:03 AM by nunyabeezwax
 #25

Thatz right "boyz" he shut his crap down!  More coins for us! Muahahahahaha.  #retard

The best time to mine is when every clown such as the OP here is shutting their shit off because these are the non-intelligent ones of the species showing their true colors not knowing how mining actually works.  It doesnt take a genius to figure out that crypto is squeezing out the weak minds.  "Another one bites the dust" is the more appropriate song here:  https://www.youtube.com/watch?v=WsYUruhJ0eo (Deadpool remix for the extra LoLz,  there is blood in the streets "boys",  its go time Cheesy)

So to all you miners out there,  SHUT YOUR CRAP OFF PLEASE!!  I NEED DA COINAGES! lol.
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March 31, 2018, 02:23:27 AM
 #26

Thatz right "boyz" he shut his crap down!  More coins for us! Muahahahahaha.  #retard

The best time to mine is when every clown such as the OP here is shutting their shit off because these are the non-intelligent ones of the species showing their true colors not knowing how mining actually works.  It doesnt take a genius to figure out that crypto is squeezing out the weak minds.  "Another one bites the dust" is the more appropriate song here:  https://www.youtube.com/watch?v=WsYUruhJ0eo (Deadpool remix for the extra LoLz,  there is blood in the streets "boys",  its go time Cheesy)

So to all you miners out there,  SHUT YOUR CRAP OFF PLEASE!!  I NEED DA COINAGES! lol.

A little harsh, there are times when it makes sense to shut down your miners, although i agree with most here, there is plenty of profit to be had but in the tighter times you have to be more proactive and read tons to stay on top of your game.  But if the op is losing money than its not a bad idea to shut down...

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nsummy
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March 31, 2018, 03:07:15 AM
 #27

i dont know what you guys are doing...im mining at 0,21ct(€) /kwh and earning still around 60-70% more than i pay...

one free advice the coins on whattomine are not profitable ..
Profitability ETH mining on my GPU RX580 is now about $ 0.8 excluding the price of electricity. It is very small. At this level of profitability, I do not expect the emergence of new miners. Now you need to sell your GPU because the prices for them will also decrease as the price of cryptocurrencies. Soon gamers will have a holiday.

Your $200 budget card built with technology from 2016 is only making 80 cents a day.  This shouldn't be surprising.  The 4XX and 5XX cards were an amazing deal a year ago, but they are a one trick pony.  Pretty worthless if you want to mine anything besides ETH.  You get what you pay for.
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March 31, 2018, 04:01:14 AM
 #28

my electricity price is at $0.12 per kWh Embarrassed try to find some profitable altcoin on the announcement thread, try altcoins using neoscrypt or equihash
Bigpiggy01
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March 31, 2018, 04:12:26 AM
 #29

My little hobby rig cannot find a coin to mine thats profitable. Even with $0.06kWh electricity Im losing money from this point on.

https://www.youtube.com/watch?v=JSUIQgEVDM4

Trying to figure out which ancient GPUs you must be mining with not to make a profit with 0.06 kWh power.

Are you using the old Radeon 6990 to mine?

Hah you're pretty close. I have zero initial investment because precisely that fact, its made with my old gaming cards. HD 6950 1GB and R9 270X 2GB. The R9 270X alone is also not profitable.

I have a couple of old 6990 rigs that are even worse power hogs and they still make a bit on cryptonight. Cryptunit has a nice thread and sute on the more obscure cryptonight coins. His realtime profitability data is excellent compared with whattomine.

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crocozino
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March 31, 2018, 04:43:52 AM
 #30

i feel sorry man, but that the way it is
I hope you have real job in order to compensate the loss of profits from mining.
cause  know some people who decided they do not need job, and start to do the mining thing only, now they feel sorry about their decisions .
bobo012
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March 31, 2018, 07:14:14 AM
 #31

As people have said, your electricity price is low enough to make profit in mining right now. I pay more than double your price and am profitable. If prices fall further it wont be profitable. I have new rx580 8gb series cards...
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March 31, 2018, 08:36:30 AM
 #32

This is the time when we invest on electric consumption, as we know selling mined coins won't give us any profit because of the current price right now. Once the bullish run starts, I'm sure we will be getting the profit from our mined coins.
varusisog
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March 31, 2018, 03:15:45 PM
 #33

i feel sorry man, but that the way it is
I hope you have real job in order to compensate the loss of profits from mining.
cause  know some people who decided they do not need job, and start to do the mining thing only, now they feel sorry about their decisions .

I think if he undervolt and underclock, it might be more profitable. But it might not worth the effort.
MiningBattalion
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March 31, 2018, 04:30:16 PM
Last edit: April 01, 2018, 05:44:04 AM by MiningBattalion
 #34

i feel sorry man, but that the way it is
I hope you have real job in order to compensate the loss of profits from mining.
cause  know some people who decided they do not need job, and start to do the mining thing only, now they feel sorry about their decisions .

I think if he undervolt and underclock, it might be more profitable. But it might not worth the effort.



Now the electric consumption of mining is very high.The mining transaction fee also reduced,So we will get less amount of coins.Now Mining is not more profitable one.Instead you can do bitcoin trading to get more profit.
PanneKopp
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March 31, 2018, 04:43:26 PM
 #35

My little hobby rig cannot find a coin to mine thats profitable. Even with $0.06kWh electricity Im losing money from this point on.


that is reasonable

Cheesy

... please make an educated guess !
Mahanton
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March 31, 2018, 04:47:36 PM
 #36

Thatz right "boyz" he shut his crap down!  More coins for us! Muahahahahaha.  #retard

The best time to mine is when every clown such as the OP here is shutting their shit off because these are the non-intelligent ones of the species showing their true colors not knowing how mining actually works.  It doesnt take a genius to figure out that crypto is squeezing out the weak minds.  "Another one bites the dust" is the more appropriate song here:  https://www.youtube.com/watch?v=WsYUruhJ0eo (Deadpool remix for the extra LoLz,  there is blood in the streets "boys",  its go time Cheesy)

So to all you miners out there,  SHUT YOUR CRAP OFF PLEASE!!  I NEED DA COINAGES! lol.

A little harsh, there are times when it makes sense to shut down your miners, although i agree with most here, there is plenty of profit to be had but in the tighter times you have to be more proactive and read tons to stay on top of your game.  But if the op is losing money than its not a bad idea to shut down...
This is indeed harsh which its somehow bullying for those people who do failed up into its mining career.We do all know that we dont have similarities when it comes to knowledge into these specific things specially on mining.It their rig after all and if he find out that hes already not profitable then he do have the full control or full decision next to make.If he shut it down its his own choice.Period.

R


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cryptovigi
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March 31, 2018, 05:00:04 PM
 #37


I have a couple of old 6990 rigs that are even worse power hogs and they still make a bit on cryptonight. Cryptunit has a nice thread and sute on the more obscure cryptonight coins. His realtime profitability data is excellent compared with whattomine.

your gpu's are profitable with cryptonight which coin?Huh I've though that we have already ASICS era on cryptonight and GPU's time is over on this algo....
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March 31, 2018, 07:09:57 PM
Last edit: April 23, 2023, 01:06:06 PM by WixlarCoin
 #38

ok
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March 31, 2018, 07:32:46 PM
 #39

You just have to do what you have to do. Unfortunately profits are at an insane low level. Too many noobs came in the mining place along with all the big money just buying up everything who can sit and ROI ovrr 2 years as it's still better gains for them than banks.
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March 31, 2018, 07:48:27 PM
 #40

You just have to do what you have to do. Unfortunately profits are at an insane low level. Too many noobs came in the mining place along with all the big money just buying up everything who can sit and ROI ovrr 2 years as it's still better gains for them than banks.

Yup- great model
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