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Author Topic: Best GPU purchase Efficiency 04.2019  (Read 917 times)
Ma907xB (OP)
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April 07, 2019, 04:07:34 PM
 #1

What is the best graphics card to purchase in terms of cost vs power vs hash?

Would a lower build cost with a bigger volume of GPUs be worth it?  

Nvidia
2080TI
2080
1080TI
180
1070TI
1070
1060
1050 TI
1050

AMD
Radeon VII
Vega 64
Vega 56
RX580
RX570
RX560
RX480


Will monero continue to fork to support GPU miners? Will other coins do the same?

Do GPUs help to promote new development in blockchain 'updates' as they support forks?

are ASICs stuck to one mining algorithm as well as potential further 'updates' or forks?
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soixantedix
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April 07, 2019, 05:16:30 PM
 #2

it depends what algo you want to mine? you can go to site that gives the best selection for your card
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April 07, 2019, 05:54:35 PM
 #3

To date, all popular coins have asics even when they are not publicly released. Most chinese companies are not developing to ship worldwide anymore, most of the asics are for the hidden regional/national market, so forget about knowing something in advance, mining right now is a big gamble. Also buying nvidia 12nm will make you fail miserable at mining, expect a 7nm nvidia if you think about safe mining investment.

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Ma907xB (OP)
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April 07, 2019, 07:23:12 PM
 #4

Even if the build cost is cheaper and you're capable of large volumes of GPUs using 12nm is a mistake?
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April 07, 2019, 07:31:05 PM
 #5

he's pointing out that is risky to go with older tech, you can't know how long you will be able to mine
Ma907xB (OP)
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April 07, 2019, 09:02:33 PM
 #6

Yes, but if you're capable of a large volume of GPU miners in your farm wouldn't that mitigate the risk?
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April 07, 2019, 10:42:50 PM
 #7

Yes, but if you're capable of a large volume of GPU miners in your farm wouldn't that mitigate the risk?

No. Remember that you need to roi on each gpu to be profitable afterwards. It would only mitigate the risk or be worth your time and effort if you could roi before the new gpus come out and the reality says otherwise right now. For example if you had a 2080ti, the most profitable coin right now with it would give you $1 per day net. The cheapest rtx 2080ti card would be around $1200, that would be 1200 days to roi but in reality you can count as 1600 days to roi, almost 5 years to roi as it stands. Likely nvidia is launching 7nm this year november or at latest march 2020.

You can only safely buy a current old tech gpu to be in few months if roi was less than 120 days.

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Ma907xB (OP)
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April 08, 2019, 02:05:14 AM
 #8

I've seen a P104-100 listed on https://ravencoinhashrate.space/ as getting 19 mh/s OC.


Is this realistic?

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April 08, 2019, 02:35:28 AM
 #9

Your Link is outdated with old miners.

1 1080 brings 22 Mhash +- 10% at 140 watt.
1 2080 brings 34 Mhash +- 10% at 160 watt.

Ravencoins is X16r and this "r" means there are different algorithms, "r"andomly picked.
So the Mhash will vary. Sometimes more..... sometimes less.

When you compare GPUs you will need to buy them to get correct data.....
Same miner, same CPU etc.

Most of my GPUs (1080 and up) are watercooled and at a lower temp you can get higher clocks.
Better stability and much less problems.
You can pay the price and take the risk, or leave it. Its risky anyway.
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April 09, 2019, 07:27:34 AM
 #10

Yes, but if you're capable of a large volume of GPU miners in your farm wouldn't that mitigate the risk?

No. Remember that you need to roi on each gpu to be profitable afterwards. It would only mitigate the risk or be worth your time and effort if you could roi before the new gpus come out and the reality says otherwise right now. For example if you had a 2080ti, the most profitable coin right now with it would give you $1 per day net. The cheapest rtx 2080ti card would be around $1200, that would be 1200 days to roi but in reality you can count as 1600 days to roi, almost 5 years to roi as it stands. Likely nvidia is launching 7nm this year november or at latest march 2020.

You can only safely buy a current old tech gpu to be in few months if roi was less than 120 days.
And one more moment. The best ROI was at 1060(3GB), but now new algos require 6-8GB of memory. So my rigs cant get max profit and working only with algos, that they support.
In this way, we need not only calculate ROI momentaly but think about the future.

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April 09, 2019, 08:03:02 AM
 #11

Currently for new GPUs, best ROI is still with RX570/580 8GB that can be bought bulk for around 110USD per GPU depending on the quantity.  This is what the majority of our BIG BULK (10k GPU or more) customers go for when ordering Octominer rigs.

Right now there are also very good deals for Nvidia P104 8GB GPUs, that perform very well on Ravencoin, Beam and Ethereum also. ROI is around 300 days at current prices at 5C electricity.

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April 09, 2019, 09:55:10 AM
 #12

I think I'm still sticking rx 580 8gb it has great performance in mining Wink
Ma907xB (OP)
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April 15, 2019, 12:46:12 PM
 #13

Currently for new GPUs, best ROI is still with RX570/580 8GB that can be bought bulk for around 110USD per GPU depending on the quantity.  This is what the majority of our BIG BULK (10k GPU or more) customers go for when ordering Octominer rigs.

Right now there are also very good deals for Nvidia P104 8GB GPUs, that perform very well on Ravencoin, Beam and Ethereum also. ROI is around 300 days at current prices at 5C electricity.



Where can you buy 10,000 GPUs?
giletto
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April 15, 2019, 08:10:18 PM
 #14

What is the best graphics card to purchase in terms of cost vs power vs hash?

Would a lower build cost with a bigger volume of GPUs be worth it?  

Nvidia
2080TI
2080
1080TI
180
1070TI
1070
1060
1050 TI
1050

AMD
Radeon VII
Vega 64
Vega 56
RX580
RX570
RX560
RX480


Will monero continue to fork to support GPU miners? Will other coins do the same?

Do GPUs help to promote new development in blockchain 'updates' as they support forks?

are ASICs stuck to one mining algorithm as well as potential further 'updates' or forks?

Best decided by your coin of interest. Most have unique requirements and specifications although some miners can be accommodating.
Just like T-Rex and CryptoDredge serves as better Nvidia mining software



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April 15, 2019, 08:29:01 PM
 #15

I'd say Vega 56 / 64. Price is ultra cheap. Bellow 300€ and with modded timings you get over 2500 h/s on CN and over 50 mh/s on ethash.
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April 15, 2019, 10:13:14 PM
 #16

Tempting to order a bunch of cheap 470s.  470s look decent watt/hash on progpow, so one could continue mining eth.   
Ma907xB (OP)
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April 15, 2019, 10:44:49 PM
 #17

What is the best graphics card to purchase in terms of cost vs power vs hash?

Would a lower build cost with a bigger volume of GPUs be worth it?  

Nvidia
2080TI
2080
1080TI
180
1070TI
1070
1060
1050 TI
1050

AMD
Radeon VII
Vega 64
Vega 56
RX580
RX570
RX560
RX480


Will monero continue to fork to support GPU miners? Will other coins do the same?

Do GPUs help to promote new development in blockchain 'updates' as they support forks?

are ASICs stuck to one mining algorithm as well as potential further 'updates' or forks?

Best decided by your coin of interest. Most have unique requirements and specifications although some miners can be accommodating.
Just like T-Rex and CryptoDredge serves as better Nvidia mining software




That's what i was thinking. I'm researching best coin, but I'm worried with 7nm the difficulty is going to jump.
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April 16, 2019, 06:26:51 AM
 #18

At this moment  vega 56 cost around 240$ second hand
Profit only 1.4$/gpu with electric price 0.1$ and power consumption 0.36$ = so the profit just 1$/gpu vega 56, dont know about best Nvidia right how much they earn

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April 16, 2019, 08:07:38 AM
 #19

Several days ago it was a research here, that the best NVIDIA is 1660ti, but it looks like 1050ti 2 years ago - it`s good, but you need lots of space to deploy it. And we are waiting for nore powerful miners for 20xx. As for me, i`d prefer 2060 or 2070

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.Duelbits.
..........UNLEASH..........
THE ULTIMATE
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April 16, 2019, 10:32:08 AM
 #20

I wouldn't start mining nowdays because as you see a lot of asic miners are created for coins which we thought were asic resistant + price of coins are very low. This is the time when I would say that it's better to buy coin rather than mine it. Hold coins for a while, if price rise - you get good profit and profitable mining, price of GPUs won't rise hugely, so buying at that time and starting mining would be better to my mind.

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April 16, 2019, 10:59:56 AM
 #21

a 6gpu 187mh/s on ETH uses from 820-860W from the wall. RX 580 and 570.

with 0,08$ per kWh you are getting a profit of 0,76$ a day more or less. 0,76/6 = 0,12$ per card per day even if those cards do 31,5 which is the normal performance of RX 570 and RX 580 (unless you have a crap model or you fucked it hard modding it).


so stay with me: the cheapest price for RX 570 is around 100$. provided you buy 6 that makes 600$ for the gpu cost. if you make 0.76$ per day, you need like 790 days to ROI. And this time is only for GPU ROI. You would have to also ROI the PSU, cpu, ram, mobo, risers, and all of that.

I undestand people who got into mining back in 2017 or even Q1 of 2018. But now, you have to be really, like really dumb to enter this market with current conditions and prices. It makes no fucking sense, it doesn't matter if you go for high or low efficient gpus. The profit is just laughable.

You will mostly have to hodl , paying bills from your own pocket and expect the market to go up to try to recover your investment. Let's not talk about "real profit".

So no, it's dumb to buy gpu nowadays. Don't do it.

BTC no more than 6k by end of 2019. ETH no more than 300$ by end 2019. Huge market manipulation, huge amount of scammers and hypers.
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April 16, 2019, 11:27:19 AM
 #22

a 6gpu 187mh/s on ETH uses from 820-860W from the wall. RX 580 and 570.

with 0,08$ per kWh you are getting a profit of 0,76$ a day more or less. 0,76/6 = 0,12$ per card per day even if those cards do 31,5 which is the normal performance of RX 570 and RX 580 (unless you have a crap model or you fucked it hard modding it).


so stay with me: the cheapest price for RX 570 is around 100$. provided you buy 6 that makes 600$ for the gpu cost. if you make 0.76$ per day, you need like 790 days to ROI. And this time is only for GPU ROI. You would have to also ROI the PSU, cpu, ram, mobo, risers, and all of that.

I undestand people who got into mining back in 2017 or even Q1 of 2018. But now, you have to be really, like really dumb to enter this market with current conditions and prices. It makes no fucking sense, it doesn't matter if you go for high or low efficient gpus. The profit is just laughable.

You will mostly have to hodl , paying bills from your own pocket and expect the market to go up to try to recover your investment. Let's not talk about "real profit".

So no, it's dumb to buy gpu nowadays. Don't do it.
Lol why stick on eth, this is 2019 not 2016, eth already on asic, some coin you can profitable around 400% from electric bill, you just dont know which is

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Piskeante
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April 16, 2019, 12:05:52 PM
 #23

a 6gpu 187mh/s on ETH uses from 820-860W from the wall. RX 580 and 570.

with 0,08$ per kWh you are getting a profit of 0,76$ a day more or less. 0,76/6 = 0,12$ per card per day even if those cards do 31,5 which is the normal performance of RX 570 and RX 580 (unless you have a crap model or you fucked it hard modding it).


so stay with me: the cheapest price for RX 570 is around 100$. provided you buy 6 that makes 600$ for the gpu cost. if you make 0.76$ per day, you need like 790 days to ROI. And this time is only for GPU ROI. You would have to also ROI the PSU, cpu, ram, mobo, risers, and all of that.

I undestand people who got into mining back in 2017 or even Q1 of 2018. But now, you have to be really, like really dumb to enter this market with current conditions and prices. It makes no fucking sense, it doesn't matter if you go for high or low efficient gpus. The profit is just laughable.

You will mostly have to hodl , paying bills from your own pocket and expect the market to go up to try to recover your investment. Let's not talk about "real profit".

So no, it's dumb to buy gpu nowadays. Don't do it.
Lol why stick on eth, this is 2019 not 2016, eth already on asic, some coin you can profitable around 400% from electric bill, you just dont know which is

always the same thing. Someone comes here, says that there is a profitable coin , and then expects the others to believe it. I've heard of "profitable" coins like the one you are saying for years. But noone knows which is it, which algo uses, which exchange works with it, if it's safe or not to mine that. If the wallet can be hacked.  it doesn't appear anywhere, it's not known, it's a shitty coin (100% sure), and you have to have an special exchange that trades it for cash.

I just don't care if there is or there isn't a profitable coin right now. I'm not into mining anymore. But for the most part, all profitable coins are being mined with ASICS which makes it impossible to mine with GPU. If you are mining a coin for 400% profit, well done for you.

if you are getting 0,40$ per card, while i get 0,10, thats 400% more. But the result is that you are poor , and mining will not help you with that. So good luck with your 400% profit.

 


BTC no more than 6k by end of 2019. ETH no more than 300$ by end 2019. Huge market manipulation, huge amount of scammers and hypers.
mak013
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April 16, 2019, 03:16:14 PM
 #24

a 6gpu 187mh/s on ETH uses from 820-860W from the wall. RX 580 and 570.

with 0,08$ per kWh you are getting a profit of 0,76$ a day more or less. 0,76/6 = 0,12$ per card per day even if those cards do 31,5 which is the normal performance of RX 570 and RX 580 (unless you have a crap model or you fucked it hard modding it).


so stay with me: the cheapest price for RX 570 is around 100$. provided you buy 6 that makes 600$ for the gpu cost. if you make 0.76$ per day, you need like 790 days to ROI. And this time is only for GPU ROI. You would have to also ROI the PSU, cpu, ram, mobo, risers, and all of that.

I undestand people who got into mining back in 2017 or even Q1 of 2018. But now, you have to be really, like really dumb to enter this market with current conditions and prices. It makes no fucking sense, it doesn't matter if you go for high or low efficient gpus. The profit is just laughable.

You will mostly have to hodl , paying bills from your own pocket and expect the market to go up to try to recover your investment. Let's not talk about "real profit".

So no, it's dumb to buy gpu nowadays. Don't do it.
Lol why stick on eth, this is 2019 not 2016, eth already on asic, some coin you can profitable around 400% from electric bill, you just dont know which is

always the same thing. Someone comes here, says that there is a profitable coin , and then expects the others to believe it. I've heard of "profitable" coins like the one you are saying for years. But noone knows which is it, which algo uses, which exchange works with it, if it's safe or not to mine that. If the wallet can be hacked.  it doesn't appear anywhere, it's not known, it's a shitty coin (100% sure), and you have to have an special exchange that trades it for cash.

I just don't care if there is or there isn't a profitable coin right now. I'm not into mining anymore. But for the most part, all profitable coins are being mined with ASICS which makes it impossible to mine with GPU. If you are mining a coin for 400% profit, well done for you.

if you are getting 0,40$ per card, while i get 0,10, thats 400% more. But the result is that you are poor , and mining will not help you with that. So good luck with your 400% profit.
yes, always the same choice: mine eth/nice with little profit but without brainwork or to make research, find new coins, miners, exchanges. the first way worked in 2017, when even nurses became "miners". now it`s 2019 - if you want to have profit, you need to do some work.

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.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
██████
██
██
██
██
██
██
██
██
██
██
██
██████
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markiz73
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April 16, 2019, 03:45:02 PM
 #25

1050 TI,1050,RX560   trash, this video card is not for mining
470/570  and 480/580  this is the same
20xx very expensive

In Russia, the popular 470/570/480/580 for $ 75 used and the 1080ti for $ 300 used.
The best in versatility is the 1080ti , but the best and fastest-selling in the secondary market 470/570/480/580.

I do not consider buying new graphics cards for business, very big payback. To buy now new graphics cards, you need to have a very cheap electricity.

But if I would have decided to build myself a new rig, it would be the 2080/2080ti graphics card  Smiley
GhostWithin
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April 16, 2019, 07:02:58 PM
 #26

1050 TI,1050,RX560   trash, this video card is not for mining
470/570  and 480/580  this is the same
20xx very expensive

In Russia, the popular 470/570/480/580 for $ 75 used and the 1080ti for $ 300 used.
The best in versatility is the 1080ti , but the best and fastest-selling in the secondary market 470/570/480/580.

I do not consider buying new graphics cards for business, very big payback. To buy now new graphics cards, you need to have a very cheap electricity.

But if I would have decided to build myself a new rig, it would be the 2080/2080ti graphics card  Smiley

I would advise to choose the 580 model.
for example, in Russia it costs only 10-15 dollars more expensive than 570, and it makes much less noise than 570.
1080 is certainly much better, but its price is much higher Smiley (in 3-4 times)
I see no reason to buy 2080 now. Soon the price will drop.
markiz73
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April 16, 2019, 09:00:45 PM
 #27

1050 TI,1050,RX560   trash, this video card is not for mining
470/570  and 480/580  this is the same
20xx very expensive

In Russia, the popular 470/570/480/580 for $ 75 used and the 1080ti for $ 300 used.
The best in versatility is the 1080ti , but the best and fastest-selling in the secondary market 470/570/480/580.

I do not consider buying new graphics cards for business, very big payback. To buy now new graphics cards, you need to have a very cheap electricity.

But if I would have decided to build myself a new rig, it would be the 2080/2080ti graphics card  Smiley

I would advise to choose the 580 model.
for example, in Russia it costs only 10-15 dollars more expensive than 570, and it makes much less noise than 570.
1080 is certainly much better, but its price is much higher Smiley (in 3-4 times)
I see no reason to buy 2080 now. Soon the price will drop.
Hashrate ETH 140 TX,   about 5-6 millions GPU.(  although I don't know how much hashrate asics takes)
If ETH change the algorithm to POS, RX580 graphics cards will be useless even on free electricity.
After the release of the new generation of AMD cards(NAVI), you can see the reduced prices for NVIDIA.

fmz89
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April 17, 2019, 12:33:44 AM
 #28

a 6gpu 187mh/s on ETH uses from 820-860W from the wall. RX 580 and 570.

with 0,08$ per kWh you are getting a profit of 0,76$ a day more or less. 0,76/6 = 0,12$ per card per day even if those cards do 31,5 which is the normal performance of RX 570 and RX 580 (unless you have a crap model or you fucked it hard modding it).


so stay with me: the cheapest price for RX 570 is around 100$. provided you buy 6 that makes 600$ for the gpu cost. if you make 0.76$ per day, you need like 790 days to ROI. And this time is only for GPU ROI. You would have to also ROI the PSU, cpu, ram, mobo, risers, and all of that.

I undestand people who got into mining back in 2017 or even Q1 of 2018. But now, you have to be really, like really dumb to enter this market with current conditions and prices. It makes no fucking sense, it doesn't matter if you go for high or low efficient gpus. The profit is just laughable.

You will mostly have to hodl , paying bills from your own pocket and expect the market to go up to try to recover your investment. Let's not talk about "real profit".

So no, it's dumb to buy gpu nowadays. Don't do it.
Lol why stick on eth, this is 2019 not 2016, eth already on asic, some coin you can profitable around 400% from electric bill, you just dont know which is

always the same thing. Someone comes here, says that there is a profitable coin , and then expects the others to believe it. I've heard of "profitable" coins like the one you are saying for years. But noone knows which is it, which algo uses, which exchange works with it, if it's safe or not to mine that. If the wallet can be hacked.  it doesn't appear anywhere, it's not known, it's a shitty coin (100% sure), and you have to have an special exchange that trades it for cash.

I just don't care if there is or there isn't a profitable coin right now. I'm not into mining anymore. But for the most part, all profitable coins are being mined with ASICS which makes it impossible to mine with GPU. If you are mining a coin for 400% profit, well done for you.

if you are getting 0,40$ per card, while i get 0,10, thats 400% more. But the result is that you are poor , and mining will not help you with that. So good luck with your 400% profit.

 


Noobs yeah still poor on vega 56 doing 1.4$ @ 240$ card, is the best per gpu mining right now, mining is the best way to learn crypto, so you cant get rekt when buy pow coin which is already knew how to count price bases

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|.BUY REXX.
Alucard2425
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April 17, 2019, 02:40:33 AM
 #29

For me the best one is still rx 480 same hash as rx 580 but low in electricity  consumption Wink
lunobird
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April 17, 2019, 09:54:17 AM
 #30

a 6gpu 187mh/s on ETH uses from 820-860W from the wall. RX 580 and 570.

with 0,08$ per kWh you are getting a profit of 0,76$ a day more or less. 0,76/6 = 0,12$ per card per day even if those cards do 31,5 which is the normal performance of RX 570 and RX 580 (unless you have a crap model or you fucked it hard modding it).


so stay with me: the cheapest price for RX 570 is around 100$. provided you buy 6 that makes 600$ for the gpu cost. if you make 0.76$ per day, you need like 790 days to ROI. And this time is only for GPU ROI. You would have to also ROI the PSU, cpu, ram, mobo, risers, and all of that.

I undestand people who got into mining back in 2017 or even Q1 of 2018. But now, you have to be really, like really dumb to enter this market with current conditions and prices. It makes no fucking sense, it doesn't matter if you go for high or low efficient gpus. The profit is just laughable.

You will mostly have to hodl , paying bills from your own pocket and expect the market to go up to try to recover your investment. Let's not talk about "real profit".

So no, it's dumb to buy gpu nowadays. Don't do it.
Lol why stick on eth, this is 2019 not 2016, eth already on asic, some coin you can profitable around 400% from electric bill, you just dont know which is

always the same thing. Someone comes here, says that there is a profitable coin , and then expects the others to believe it. I've heard of "profitable" coins like the one you are saying for years. But noone knows which is it, which algo uses, which exchange works with it, if it's safe or not to mine that. If the wallet can be hacked.  it doesn't appear anywhere, it's not known, it's a shitty coin (100% sure), and you have to have an special exchange that trades it for cash.

I just don't care if there is or there isn't a profitable coin right now. I'm not into mining anymore. But for the most part, all profitable coins are being mined with ASICS which makes it impossible to mine with GPU. If you are mining a coin for 400% profit, well done for you.

if you are getting 0,40$ per card, while i get 0,10, thats 400% more. But the result is that you are poor , and mining will not help you with that. So good luck with your 400% profit.

 


Noobs yeah still poor on vega 56 doing 1.4$ @ 240$ card, is the best per gpu mining right now, mining is the best way to learn crypto, so you cant get rekt when buy pow coin which is already knew how to count price bases

According to whatomine vega56 does 79 cents with free electric. Your numbers are inflated
mak013
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April 17, 2019, 11:19:15 AM
 #31

1050 TI,1050,RX560   trash, this video card is not for mining
470/570  and 480/580  this is the same
20xx very expensive

In Russia, the popular 470/570/480/580 for $ 75 used and the 1080ti for $ 300 used.
The best in versatility is the 1080ti , but the best and fastest-selling in the secondary market 470/570/480/580.

I do not consider buying new graphics cards for business, very big payback. To buy now new graphics cards, you need to have a very cheap electricity.

But if I would have decided to build myself a new rig, it would be the 2080/2080ti graphics card  Smiley
I would advise to choose the 580 model.
for example, in Russia it costs only 10-15 dollars more expensive than 570, and it makes much less noise than 570.
1080 is certainly much better, but its price is much higher Smiley (in 3-4 times)
I see no reason to buy 2080 now. Soon the price will drop.
Hashrate ETH 140 TX,   about 5-6 millions GPU.(  although I don't know how much hashrate asics takes)
If ETH change the algorithm to POS, RX580 graphics cards will be useless even on free electricity.
After the release of the new generation of AMD cards(NAVI), you can see the reduced prices for NVIDIA.
Not useless, but lots of ETH and nicehash miners will be crying. As for me, i prefer NVIDIA. Now i`d like to change my rigs from 1060 to 2060 or used 1080ti. 2080, 2080ti are too expensive and have lower ROI than 2060.

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.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
██████
██
██
██
██
██
██
██
██
██
██
██
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April 17, 2019, 06:51:40 PM
 #32

like most people say
gpu mining is now a gamble

asic chip makers are directly killing the gpu miners
whenever a pow coin gets populair guess what happens?

BUY NOW NEW ASIC MINERS FOR ALGO "BLABLA"
high hashrate
low power
fast roi


and so and so...

dropping a difficulty bomb and leaves.
lunobird
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April 17, 2019, 07:34:55 PM
 #33

like most people say
gpu mining is now a gamble

asic chip makers are directly killing the gpu miners
whenever a pow coin gets populair guess what happens?

BUY NOW NEW ASIC MINERS FOR ALGO "BLABLA"
high hashrate
low power
fast roi


and so and so...

dropping a difficulty bomb and leaves.

This!

Once you been in crypto for awhile you start become more skeptical due to the over promise and under deliver and the pure greed.

I am very selective about buying mining gear and have absolute no fomo. Not a big deal of you miss a 1st batch or good price. You can always buy coins and most likely make more with less risk than mining.
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April 17, 2019, 07:40:02 PM
 #34

cry more trolls, while you trolls mining will roi a gpu in 3000 days, investors buying coins might roi in few days hehe. You trolls are all mindless. A good example is bitcoin, if you bought for $3100 3 months ago, today you would have made 85%, that is bitcoin only, now if you have bought eth then you would have got more than 100% and the bull market has not even started, smart people are accumulating coins for the next run cause it will likely rise as much as 10.000%. You trolls are hopeless.

BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
stomachgrowls
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April 17, 2019, 08:15:50 PM
 #35

cry more trolls, while you trolls mining will roi a gpu in 3000 days, investors buying coins might roi in few days hehe. You trolls are all mindless. A good example is bitcoin, if you bought for $3100 3 months ago, today you would have made 85%, that is bitcoin only, now if you have bought eth then you would have got more than 100% and the bull market has not even started, smart people are accumulating coins for the next run cause it will likely rise as much as 10.000%. You trolls are hopeless.
For those people who do just simply practical when it comes to investment means then simply buying a coin would be on big consideration.Mining is profitable when you do have free
electricity but it doesnt exist because someone would really pays that off.I already turned off or completely stop my rigs due to unprofitable operation.Why would continue if you do see that you are just wasting your resources and time?

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.Duelbits.
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Metroid
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April 17, 2019, 08:38:08 PM
 #36

Why would continue if you do see that you are just wasting your resources and time?

The first thing that comes to mind is "stupidity", anyway, the next step for bitcoin is 6500 usd and then 7500 usd then 8300 usd then 9700 usd then 11700, as bitcoin rises all coins rises many times more than bitcoin, and all that happens very fast, today is 5200 usd tomorrow might be 10.000 usd so be smart, do not mine, buy the coins that you think will be most profitable when the bull market comes.

BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
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April 17, 2019, 09:17:33 PM
 #37

Best thing to do is buy the coins.  I still mine but I have .042 KWH electricity and most of my equipment is 2 years old and paid off long ago.  Payoff time for a rig with all new cards is insane even with cheap electricity.  If a person wants to mine they have to have low overhead ie cheap electricity. 
Because of my cheap electricity over the past 18 months I'v never had a negative month in mining.
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April 18, 2019, 08:17:23 PM
 #38

Why would continue if you do see that you are just wasting your resources and time?

The first thing that comes to mind is "stupidity", anyway, the next step for bitcoin is 6500 usd and then 7500 usd then 8300 usd then 9700 usd then 11700, as bitcoin rises all coins rises many times more than bitcoin, and all that happens very fast, today is 5200 usd tomorrow might be 10.000 usd so be smart, do not mine, buy the coins that you think will be most profitable when the bull market comes.
Most clever thing to be done rather than mining yourself and going or targeting out for pennies which you even dont know if those coins you do mine will give out sufficient
profit just to brealk-even with the expenses you have used.Dont know if they do have a simple recognition to that situation into their minds because even on a simple
common sense you will able to spot it out easily.

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April 19, 2019, 01:31:21 AM
 #39

The same stupid thing will happen this year, this will be the 7nm cycle for trolls, for traders it will be the 10x to 100x more profit cycle hehe, trolls will buy the 7nm gpus then they will see that their mined coin rose 100 times and will keep mining but the reality is if they used that money to buy coins instead, it would be 100 times more profitable hehe, those trolls will never learn hehe and in the end 7nm gpus will be scarce once again and $1000 again ehhe, trolls loved to buy rx 580 for $1000, vega 14nm for $2000, titans for $3000 and so on hehe and now many trolls sold their amazing rx 580 they bought for $1000 for $100 hehe

Truth is after 2017, I really dont know if this crypto market can be less stupid. Many trolls already showed signs of reality fearful syndrome where they think everything is an illusion and kill anybody that says otherwise.

BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
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June 01, 2019, 06:23:09 PM
 #40

The same stupid thing will happen this year, this will be the 7nm cycle for trolls, for traders it will be the 10x to 100x more profit cycle hehe, trolls will buy the 7nm gpus then they will see that their mined coin rose 100 times and will keep mining but the reality is if they used that money to buy coins instead, it would be 100 times more profitable hehe, those trolls will never learn hehe and in the end 7nm gpus will be scarce once again and $1000 again ehhe, trolls loved to buy rx 580 for $1000, vega 14nm for $2000, titans for $3000 and so on hehe and now many trolls sold their amazing rx 580 they bought for $1000 for $100 hehe

Truth is after 2017, I really dont know if this crypto market can be less stupid. Many trolls already showed signs of reality fearful syndrome where they think everything is an illusion and kill anybody that says otherwise.

Absolutely True.

I started mining in early 2017.  My newbie thought process was "Oh if I spent all this money, time, effort to build gpu rigs, I will make more than those that buy coins"    WRONG!

That's a newb trap for those that are new to crypto and think mining is cool.  The truth is difficulty rises when prices goes up so you get less coins, or price goes low and difficulty doesn't drop much or at all b/c newbs think its cool to mine.  It's a lose and lose situtation!

Eth price went $1400 down to $90.  About a 94 percent price decline.  However mining difficulty only went down 30 percent.

Don't be a dumb noob.  just buy coins and be smarter than the rest. I will no longer invest any more into mining rigs.

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