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Author Topic: I shut it down tonight boys.  (Read 5066 times)
gotminer
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May 01, 2018, 12:32:33 AM
 #161

If you have to shut down your miner 'cause you aren't making a profit, you are doing something wrong.

Well these are mostly the guys who know nothing other than 1-click miners and have no interest in putting in the time to actually learn that there is another world out there.

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
swogerino
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May 01, 2018, 10:43:12 AM
 #162

If you have to shut down your miner 'cause you aren't making a profit, you are doing something wrong.

Well these are mostly the guys who know nothing other than 1-click miners and have no interest in putting in the time to actually learn that there is another world out there.

Yes definitely these are the persons who only know bitcoin from local and international news and they heard about good profits to be made by so called "mining rigs" for them.

They will be sad at the first obstacle and think they lost everything, until crypto is clean from these kind of persons we cannot really move forward.We need fanatic believers for the crypto in order to really make a revolution in digital money.

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smoolae
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May 01, 2018, 09:35:56 PM
 #163

If you have to shut down your miner 'cause you aren't making a profit, you are doing something wrong.

Well these are mostly the guys who know nothing other than 1-click miners and have no interest in putting in the time to actually learn that there is another world out there.

Yes definitely these are the persons who only know bitcoin from local and international news and they heard about good profits to be made by so called "mining rigs" for them.

They will be sad at the first obstacle and think they lost everything, until crypto is clean from these kind of persons we cannot really move forward.We need fanatic believers for the crypto in order to really make a revolution in digital money.
Smiley 👍

fanatic26
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May 01, 2018, 09:49:28 PM
 #164

My 1060 3gb cannot mine etherum anymore

Why not? The only 3gb cards with issues were running windows which makes some forced memory reservations. Run linux and you can mine ETH just fine still

Stop buying industrial miners, running them at home, and then complaining about the noise.
m.vina
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May 01, 2018, 11:23:52 PM
 #165

My 1060 3gb cannot mine etherum anymore

Why not? The only 3gb cards with issues were running windows which makes some forced memory reservations. Run linux and you can mine ETH just fine still

Correct. But some people see linux as a scary beast and simply not comfortable using linux because it seems more "technical" and harder to configure. Another option would be to use Windows 7 which should still work fine with some 3 GBs.

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gotminer
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May 02, 2018, 12:30:03 AM
 #166

My 1060 3gb cannot mine etherum anymore

Why not? The only 3gb cards with issues were running windows which makes some forced memory reservations. Run linux and you can mine ETH just fine still

Correct. But some people see linux as a scary beast and simply not comfortable using linux because it seems more "technical" and harder to configure. Another option would be to use Windows 7 which should still work fine with some 3 GBs.

I assume you can do it on SMOS, which is easier to set up than a windows mining rig.  There really is no OS tweaking to do. 

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
remauto1187ma
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May 03, 2018, 04:14:43 AM
 #167

The OP shut it down and I added MORE gpu's,  One of us screwed up...and it aint me. Wink
BrokenMiner
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May 03, 2018, 04:58:59 AM
 #168

If you have to shut down your miner 'cause you aren't making a profit, you are doing something wrong.

Well these are mostly the guys who know nothing other than 1-click miners and have no interest in putting in the time to actually learn that there is another world out there.

Yes definitely these are the persons who only know bitcoin from local and international news and they heard about good profits to be made by so called "mining rigs" for them.

They will be sad at the first obstacle and think they lost everything, until crypto is clean from these kind of persons we cannot really move forward.We need fanatic believers for the crypto in order to really make a revolution in digital money.

I wholeheartedly disagree.  I want to see everyone mining, not just the fanatics.  The more people mining the more likely crypto becomes more widely accepted and used.  Also, if every idle GPU were mining that's a pretty big/secure network.  I say invite everyone to the party!
varusisog
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May 19, 2018, 08:14:05 PM
 #169

The OP shut it down and I added MORE gpu's,  One of us screwed up...and it aint me. Wink

What is the price of your electricity?
remauto1187ma
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May 19, 2018, 10:59:31 PM
 #170

The OP shut it down and I added MORE gpu's,  One of us screwed up...and it aint me. Wink

What is the price of your electricity?
4.8 cents /kwh
gotminer
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May 20, 2018, 01:30:37 AM
 #171

The OP shut it down and I added MORE gpu's,  One of us screwed up...and it aint me. Wink

What is the price of your electricity?
4.8 cents /kwh

Mine is double what his is ... I never shut anything down.  If the OP was paying 25+ cents per kwh, then I can see why he decided to get out.  Shutting rigs down isn't the right thing to do though.  Either keep them running or sell them.  Shutting them down and letting them sit is one of the worst ideas.

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
dimpsk
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May 24, 2018, 04:32:49 AM
 #172

If you have to shut down your miner 'cause you aren't making a profit, you are doing something wrong.

You better say: you were doing somthing wrong before it Smiley
dimpsk
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May 24, 2018, 04:34:57 AM
 #173

The OP shut it down and I added MORE gpu's,  One of us screwed up...and it aint me. Wink

What is the price of your electricity?
4.8 cents /kwh

Mine is double what his is ... I never shut anything down.  If the OP was paying 25+ cents per kwh, then I can see why he decided to get out.  Shutting rigs down isn't the right thing to do though.  Either keep them running or sell them.  Shutting them down and letting them sit is one of the worst ideas.

You are such a funny boy. Mining at 10 cents/kwh is not profitable at all. It's just a waste of time and bit money. Better try fishing or smth like that Smiley
remauto1187ma
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May 24, 2018, 04:51:44 AM
 #174

The OP shut it down and I added MORE gpu's,  One of us screwed up...and it aint me. Wink

What is the price of your electricity?
4.8 cents /kwh

Mine is double what his is ... I never shut anything down.  If the OP was paying 25+ cents per kwh, then I can see why he decided to get out.  Shutting rigs down isn't the right thing to do though.  Either keep them running or sell them.  Shutting them down and letting them sit is one of the worst ideas.

You are such a funny boy. Mining at 10 cents/kwh is not profitable at all. It's just a waste of time and bit money. Better try fishing or smth like that Smiley
Let me draw it out in crayola for you.  You mine... You mine coins of whatever altcoin.  You hold until value goes up.  You then sell when the value exceeds what it cost you to mine.  Its not really difficult amateur.  And whats this "funny boy" crap? Im a grown man (47 next month).  You seem to be the one with the mind of a kid and the financial experience of a 5yr old.  You need to do some more reading across the net and comprehend what you read and learn from it.
adaseb
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May 24, 2018, 05:53:05 AM
 #175

The OP shut it down and I added MORE gpu's,  One of us screwed up...and it aint me. Wink

What is the price of your electricity?
4.8 cents /kwh

Mine is double what his is ... I never shut anything down.  If the OP was paying 25+ cents per kwh, then I can see why he decided to get out.  Shutting rigs down isn't the right thing to do though.  Either keep them running or sell them.  Shutting them down and letting them sit is one of the worst ideas.

You are such a funny boy. Mining at 10 cents/kwh is not profitable at all. It's just a waste of time and bit money. Better try fishing or smth like that Smiley

Unless you are mining with dinosaur equipment like an Antminer S3 or a GPU from 2009 then you should always be able to turn a profit.

Even mining with the old R9 280X turns a profit with XMR which only uses like 125Watts and makes over 2 quarters a day.
dmwardjr
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May 24, 2018, 07:34:21 AM
 #176

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
Lol, I clicked the youtube link hoping that it might be a documentation of your rig or your calculations, thinking you might gone wrong.
Anyways, this video might help you: https://www.youtube.com/watch?v=dQw4w9WgXcQ  Wink

Shhhhh DONT TELL THEM THE SECRET  Grin
The secret is, buy an ASIC.

Spoken like a true BITMAIN shill.

Follow me on Trading View for excellent signals in Bitcoin/US dollar - Bitstamp - https://www.tradingview.com/u/WyckoffMode/.  You can follow me on Twitter at https://twitter.com/ModeWyckoff My YouTube Channel: https://www.youtube.com/channel/UC8IbhpQwrTD6BozJPWnyAHA  My Discord Invite Link: https://discord.com/invite/3EJYTytaTT  My Website is in LIVE BETA: https://wyckoffmode.com/
dimpsk
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May 25, 2018, 05:15:44 AM
 #177

The OP shut it down and I added MORE gpu's,  One of us screwed up...and it aint me. Wink

What is the price of your electricity?
4.8 cents /kwh

Mine is double what his is ... I never shut anything down.  If the OP was paying 25+ cents per kwh, then I can see why he decided to get out.  Shutting rigs down isn't the right thing to do though.  Either keep them running or sell them.  Shutting them down and letting them sit is one of the worst ideas.

You are such a funny boy. Mining at 10 cents/kwh is not profitable at all. It's just a waste of time and bit money. Better try fishing or smth like that Smiley
Let me draw it out in crayola for you.  You mine... You mine coins of whatever altcoin.  You hold until value goes up.  You then sell when the value exceeds what it cost you to mine.  Its not really difficult amateur.  And whats this "funny boy" crap? Im a grown man (47 next month).  You seem to be the one with the mind of a kid and the financial experience of a 5yr old.  You need to do some more reading across the net and comprehend what you read and learn from it.

If you think like a funny boy you are acting like a funny boy no matter how old are you.
Mining is not profitable now at all if you mine, pay 10 cent or more per kwt/h and sell your coins on market.
That is obviously if you had some calculator.

Mine and not sell now but hold coins is another story which has nothing in common with profit. Cause you still paying for electricity but have nothing in return. May be your coins will rise some time. May be not.  Doesnot matter at all. Anyway better to buy it directly at market. If you had strong face and if it rose someday.

remauto1187ma
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May 25, 2018, 06:39:59 AM
 #178

Are you still yapping troll?

If you could read AND comprehend you would see where I stated I pay 4.8 cents /kwh. So its still quite profitable kid.  And there is no difference between profitable now or profitable later.  Its still profitable.  Just because "you" cant afford the fronting of the power bill doesnt make it not profitable.
gotminer
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May 25, 2018, 12:25:33 PM
 #179

The OP shut it down and I added MORE gpu's,  One of us screwed up...and it aint me. Wink

What is the price of your electricity?
4.8 cents /kwh

Mine is double what his is ... I never shut anything down.  If the OP was paying 25+ cents per kwh, then I can see why he decided to get out.  Shutting rigs down isn't the right thing to do though.  Either keep them running or sell them.  Shutting them down and letting them sit is one of the worst ideas.

You are such a funny boy. Mining at 10 cents/kwh is not profitable at all. It's just a waste of time and bit money. Better try fishing or smth like that Smiley
Let me draw it out in crayola for you.  You mine... You mine coins of whatever altcoin.  You hold until value goes up.  You then sell when the value exceeds what it cost you to mine.  Its not really difficult amateur.  And whats this "funny boy" crap? Im a grown man (47 next month).  You seem to be the one with the mind of a kid and the financial experience of a 5yr old.  You need to do some more reading across the net and comprehend what you read and learn from it.

Mine and not sell now but hold coins is another story which has nothing in common with profit. Cause you still paying for electricity but have nothing in return. May be your coins will rise some time. May be not.  Doesnot matter at all. Anyway better to buy it directly at market. If you had strong face and if it rose someday.


Mining and trading/holding has everything to do with profit.  Sure you're paying for electricity out of your own pocket, but you do get something in return.  You get the coins that you mined, in return.  Yes it matters if the value of your crypto increases of decreases over time.  Why wouldn't that matter?  Your way of thinking has many flaws.

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
MagicSmoker
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May 25, 2018, 01:05:55 PM
 #180

You are such a funny boy. Mining at 10 cents/kwh is not profitable at all. It's just a waste of time and bit money. Better try fishing or smth like that Smiley

Not profitable at all you say? I have a mixed rig of 6x 1060 and 2x 1080 mining ZEN that makes $8.50 in profit per day net of electric costs of $0.12US/kw-h.

Granted, it's not nearly as good as it was back in January when I was bringing in nearly 3x that amount, but a profit is a profit.

I have another rig (incomplete due to GPU shortage) of 4x RX 560 that makes about $2 in net profit mining MUSIC.

And a motley collection of CPUs and an RX 570 mining ITNS that may or may not be profitable, but I don't really care because I am waiting for more progress on their VPN.

So, yeah, mining is still profitable, just not "throw a dart at any shitcoin and go" profitable.
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