Number 9! Ninth altcoin thread. Back to the moon Baby!

[philipma1957]

Might want to save your money for September 17th when the 3080 releases. $700 10 GB GDDR6X and 2x faster than the 2080.  The 3070 is faster than 2080ti but uses 8 GB GDDR6 and comes out in October and its $499

https://www.nvidia.com/en-us/geforce/news/introducing-rtx-30-series-graphics-cards/

Radeon 5000 series currently have a large lead on NVidia 2000 series when it comes to ETH mining effeciency/profitability.  Assuming you will be able to get a hold of 6 3080's in the next 3 weeks at $700 each, they would have to do close to 100Mhz on ETH to be equivalent to the 5700XT's.  I seriously doubt they will even approach that number.

Now granted, i totally get that Nvidia GPUs are better at mining other algos, but let's be honest... right now, all the money is in ETH mining. Maybe that ends next week (i sure hope not) but you can only go with what you have.  Plus, losing 3 weeks of mining at these rates would be insanely crazy, especially since I already have it 90% bought.

Personally, I am much more eager to see what the Radeon Big Navi cards are going to be capable of. That's why I will likely be holding off on building my next rig until after they are released.

I have 3 more 5500xt and 2 5600xt  will build a 5 card rig for about 1000 it will do about 160mh.

I will be at 37 cards.

[arielbit]

Might want to save your money for September 17th when the 3080 releases. $700 10 GB GDDR6X and 2x faster than the 2080.  The 3070 is faster than 2080ti but uses 8 GB GDDR6 and comes out in October and its $499

https://www.nvidia.com/en-us/geforce/news/introducing-rtx-30-series-graphics-cards/

Radeon 5000 series currently have a large lead on NVidia 2000 series when it comes to ETH mining effeciency/profitability.  Assuming you will be able to get a hold of 6 3080's in the next 3 weeks at $700 each, they would have to do close to 100Mhz on ETH to be equivalent to the 5700XT's.  I seriously doubt they will even approach that number.

Now granted, i totally get that Nvidia GPUs are better at mining other algos, but let's be honest... right now, all the money is in ETH mining. Maybe that ends next week (i sure hope not) but you can only go with what you have.  Plus, losing 3 weeks of mining at these rates would be insanely crazy, especially since I already have it 90% bought.

Personally, I am much more eager to see what the Radeon Big Navi cards are going to be capable of. That's why I will likely be holding off on building my next rig until after they are released.

I'm thinking about the vrams....is 24gb a good investment vs 10gb? ...will there be a new coin or miner tweaks that will benefit 24gb, that is the question hehe

at least my main PC will be 3090, maxed out games gobbles up 11gb vram of 1080ti, 10gb vram sucks specially now that these new tech are "true 4k gaming", 3080 is a teaser, will disappoint a lot of gamers...why? o why? 10gb hu hu hu..

3070 is out of the question for me gddr6 vs gddr6x, 6x is the obvious winner. BTW info out there says 3070 is better than 2080ti  

as history suggests bull market always breaks the previous highs, that above $1000 ETH...what will be the new high? 3k? 5k? or 10k? ..buy cards or save coins or both? hmmm.

these 100mhs or above hashrates will eat a huge chunk off ETH asic/fpga profits.

BTW if big navi dissapoints, you lost another month of profitable mining...that's the gamble LOL

[fr4nkthetank]

I sold all my 4G cards this week.  Might regret it but I doubt it.  Made a new rig, 1 5700XT, 1 5600XT, 2 570s 8G = 565 watts wall reading / 147mhs.  Will we see 5-10$/GPU again ? Looks like it...At 10cents usd power even a R9 380 makes 1.20$ profit a day.  Is that sustainable ?  Hint:  no.  But lets keep it rolling til November at least, then bitcoin pump pls

[philipma1957]

Yeah i think I purchased enough cards for now.

32 on line 5 coming by thursday. brings me to 37 cards. about 1.3 gh of hash.

I think my partner has 2x 1080ti to add so close to  39 cards and 1.4gh.

[adaseb]

I sold all my 4G cards this week.  Might regret it but I doubt it.  Made a new rig, 1 5700XT, 1 5600XT, 2 570s 8G = 565 watts wall reading / 147mhs.  Will we see 5-10$/GPU again ? Looks like it...At 10cents usd power even a R9 380 makes 1.20$ profit a day.  Is that sustainable ?  Hint:  no.  But lets keep it rolling til November at least, then bitcoin pump pls

Today is basically the most profitable mining day since February 2018, pretty much when ETH was >$1000. With RX 470, which is not considered efficient at all in todays terms is pulling in $3/day/GPU.

Keep in mind, whats different now is that the reason why mining is so profitable is due to all this DeFI greed. People basically paying $50 to get a Defi transaction going. I think the block reward average is like 7-8 ETH just because of ETH. The average Gwei for today was like 500 or so. Which is $5 for a simple transaction even.

So if the rug gets pulled the profits will quickly vanish which is more likely to happen rather than ETH crashing in price. So this time I am not planning on expanding my farm. Don't want to get stuck with GPUs that even gamers don't want to buy.

[philipma1957]

I sold all my 4G cards this week.  Might regret it but I doubt it.  Made a new rig, 1 5700XT, 1 5600XT, 2 570s 8G = 565 watts wall reading / 147mhs.  Will we see 5-10$/GPU again ? Looks like it...At 10cents usd power even a R9 380 makes 1.20$ profit a day.  Is that sustainable ?  Hint:  no.  But lets keep it rolling til November at least, then bitcoin pump pls

Today is basically the most profitable mining day since February 2018, pretty much when ETH was >$1000. With RX 470, which is not considered efficient at all in todays terms is pulling in $3/day/GPU.

Keep in mind, whats different now is that the reason why mining is so profitable is due to all this DeFI greed. People basically paying $50 to get a Defi transaction going. I think the block reward average is like 7-8 ETH just because of ETH. The average Gwei for today was like 500 or so. Which is $5 for a simple transaction even.

So if the rug gets pulled the profits will quickly vanish which is more likely to happen rather than ETH crashing in price. So this time I am not planning on expanding my farm. Don't want to get stuck with GPUs that even gamers don't want to buy.

I need 33 days like today and all my new gear is paid off.

I have six months to pay for the gear.

I see this as 2016 when eth got hot and leveled off.

not as 2017 when eth went to the moon.

I think we stay hot until usa election is done.
then we could crash a bit.

[fr4nkthetank]

1.3ghs is good, especially with high efficiency gear.  It will be paid off quite soon i think. 

[jasta more]

Anyone thinking to revisit LTC mining?

Just a hunch but with BTC and ETH climbing higher..... 

LTC could make a sudden jump since Top 10 coins will usually follow the gravy train (well almost all Top 10 coins)

Phil.... do you still have your L3s?

Sold my L3s a long time ago when I sold off my ASICs at Labrador.

Old alts pump have small chances of happening,defi farming is where money is going now.Charle lee started shilling it again about implementing mimblewimble with ltc but market isn't getting any traction

[citronick]

Its crazy times..... yummy!

Thanks to all you guys who "forced" me to get my GPUs dusted and earning again.

1ghs = 100$ worth of ETH per day!

even Nicechash cant keep up... at 1ghs = 88$ per day.

anyone knows about the new RTX-3070/3080, its suppose to be the incoming King of GPUs

1.3ghs is good, especially with high efficiency gear.  It will be paid off quite soon i think. 

[alucard20724]

Its crazy times..... yummy!

Thanks to all you guys who "forced" me to get my GPUs dusted and earning again.

1ghs = 100$ worth of ETH per day!

even Nicechash cant keep up... at 1ghs = 88$ per day.

anyone knows about the new RTX-3070/3080, its suppose to be the incoming King of GPUs

1.3ghs is good, especially with high efficiency gear.  It will be paid off quite soon i think. 

I have about 2.5 ghs... so much that i've popped the main breaker   

[arielbit]

here is a brain storm.

BITCOIN

(not asic miner here so if i miss something feel free to correct)


2017 antminer s9      13.5 TH @ 1300 watts
2020 antminer s19    95    TH @ 3200 watts

that 2.5x power, so if we assume 2.5 x 13.5 TH is 33.75 TH

33.75 TH  versus  95 TH both at 3200watts .... that's an x3

ETHEREUM

2017 1080ti ~50mh

2020 1080ti, 5700/xt, 2080ti, 2080......40-60mhs

I think mhs is getting more valuable, gpu miners are dreaming of a x2 like 100mhs, x3 (~150mhs) is still unlikely but not impossible.

games BTW showed up to 80% increase in 2080ti vs 3080 (drivers and mining software are not optimized yet)...optimistic to a x2 mining mhs.

ETH is more pump-able compared to bitcoin, $400 to x3 is 1200$ besides inside ETH there are pumps too within it's tokens hehe.

Yeah i think I purchased enough cards for now.

sideline watchers are about to join the GPU mining bandwagon when rig porn with 3080 and 3090 cards with talks of massive profits hit this forum (NOT A FINANCIAL ADVICE THOUGH LOL   )

P.S. watch out for GPU buying itch/frenzy/fiasco...coming very soon hehe

[DrG]

OK not buying any more 5700XTs. My MSI Gaming X died last week. My Gigabyte OC just died today. I guess DDR6 is not made to handle those high temps.

Pretty sad considering my 390s were running VRMs near 100c at times and mined 3 years no problem. My RX 470s from 4 years ago are still going strong.

[arielbit]

Its crazy times..... yummy!

Thanks to all you guys who "forced" me to get my GPUs dusted and earning again.

1ghs = 100$ worth of ETH per day!

even Nicechash cant keep up... at 1ghs = 88$ per day.

anyone knows about the new RTX-3070/3080, its suppose to be the incoming King of GPUs

1.3ghs is good, especially with high efficiency gear.  It will be paid off quite soon i think. 

I have about 2.5 ghs... so much that i've popped the main breaker   

this will be a natural occurrence, maxing out their electrical lines hehe.

people who are going to venture to bigger farms might get burned when trend reverses. so move fast...really fast 

[alucard20724]

Its crazy times..... yummy!

Thanks to all you guys who "forced" me to get my GPUs dusted and earning again.

1ghs = 100$ worth of ETH per day!

even Nicechash cant keep up... at 1ghs = 88$ per day.

anyone knows about the new RTX-3070/3080, its suppose to be the incoming King of GPUs

1.3ghs is good, especially with high efficiency gear.  It will be paid off quite soon i think.  

I have about 2.5 ghs... so much that i've popped the main breaker  

this will be a natural occurrence, maxing out their electrical lines hehe.

people who are going to venture to bigger farms might get burned when trend reverses. so move fast...really fast  

All my equipment is paid for by mining revenue.  I mine to buy more equipment.  

My conundrum now is to maximize efficiency.... so i can buy more equipment 

[citronick]

I sold all my 4G cards this week.  Might regret it but I doubt it.  Made a new rig, 1 5700XT, 1 5600XT, 2 570s 8G = 565 watts wall reading / 147mhs.  Will we see 5-10$/GPU again ? Looks like it...At 10cents usd power even a R9 380 makes 1.20$ profit a day.  Is that sustainable ?  Hint:  no.  But lets keep it rolling til November at least, then bitcoin pump pls

I am still dusting off my 470 4gb Sapphire Nitros..... and there is lot of them. Best performer based on price/hash/power.

A bunch of Gigabyte 470 4gb too but they are shit cards, most of them died first, lousy fans too.

All my NVDIA (1080ti/1070ti/1060/p106), Vegas56,64 are now mining ETH fulltime.

Racing to get the 480 8gb first, and then the 470s up (or maybe the other way round 470s first)

The 4gb cards will eventually stop mining ETH when epoch goes beyond 4gb by mid November 2020

I havent popped my circuit breaker yet, fingers crossed.

Should I even start dusting the R9-390s?

Its pretty amazing that these old GPUs can still bring home the bacon.

[philipma1957]

I sold all my 4G cards this week.  Might regret it but I doubt it.  Made a new rig, 1 5700XT, 1 5600XT, 2 570s 8G = 565 watts wall reading / 147mhs.  Will we see 5-10$/GPU again ? Looks like it...At 10cents usd power even a R9 380 makes 1.20$ profit a day.  Is that sustainable ?  Hint:  no.  But lets keep it rolling til November at least, then bitcoin pump pls

I am still dusting off my 470 4gb Sapphire Nitros..... and there is lot of them. Best performer based on price/hash/power.

A bunch of Gigabyte 470 4gb too but they are shit cards, most of them died first, lousy fans too.

All my NVDIA (1080ti/1070ti/1060/p106), Vegas56,64 are now mining ETH fulltime.

Racing to get the 480 8gb first, and then the 470s up (or maybe the other way round 470s first)

The 4gb cards will eventually stop mining ETH when epoch goes beyond 4gb by mid November 2020

I havent popped my circuit breaker yet, fingers crossed.

Should I even start dusting the R9-390s?

Its pretty amazing that these old GPUs can still bring home the bacon.

the 4gb cards do kapow

I have 1 1050ti it is making 85 cents at low watts under 100

[vapourminer]

Yeah i think I purchased enough cards for now.

32 on line 5 coming by thursday. brings me to 37 cards. about 1.3 gh of hash.

I think my partner has 2x 1080ti to add so close to  39 cards and 1.4gh.

i feel like such a piker lol. putting a couple 1080tis and a 1070ti back in my onda rig for eth. its currently got a couple fpgas that do 45 mhs each so maybe a bit over 200 mhs.

at least the cooler weather is here. that thing is in my basement.

[philipma1957]

Yeah i think I purchased enough cards for now.

32 on line 5 coming by thursday. brings me to 37 cards. about 1.3 gh of hash.

I think my partner has 2x 1080ti to add so close to  39 cards and 1.4gh.

i feel like such a piker lol. putting a couple 1080tis and a 1070ti back in my onda rig for eth. its currently got a couple fpgas that do 45 mhs each so maybe a bit over 200 mhs.

at least the cooler weather is here. that thing is in my basement.

The longest journey starts with the first step.

All these 9 threads started with me and 1 gpu.

I think my peak amount was 42 1080tis

But I did have 40 of these in my basement one winter.


mounted to these boards


it looked really good at night


here are 24 of them 6 rigs of 4 each

[GabryRox]

I'm about to build a 6x 5700 rig... getting GPUs 4 & 5 tomorrow and trying to find a decent deal on #6 now but looks like retailers are getting wise to the demand uptick as the cheapest 5700-XT appears to be the MSI Evoke at $380 but no rebate (I already got 1 of those coming tomorrow for $360 with the August rebate).

MSI has the september  rebates up now.

https://msi.rebateaccess.com/promotion.php?p=91539
https://msi.rebateaccess.com/promotion.php?p=91540
https://msi.rebateaccess.com/promotion.php?p=91541

Cool! That's a nice little bonus since i bit the bullet and ordered another Gaming X last night from NewEgg... just to complete my rig, even though no rebate or sale... but now that's an extra $20 back that I didn't expect!

[vapourminer]

The longest journey starts with the first step.

All these 9 threads started with me and 1 gpu.

I think my peak amount was 42 1080tis
[...]

yeah ive read em all (wait maybe i missed the 1st couple.. gotta find em now). some cool setups in your garage and den, not to mention the farms. buy new toys, play gently with them, sell some of them while the price is still near list. nice business strategy.. win/win

didnt you have you have a special edition titan? like star wars edition or something in a display case?

EDIT 1st thread
https://bitcointalk.org/index.php?topic=1429151.0


quote from you from the 1st thread:

I don't want to go down the rabbit hole and end up with 10 pc's running 30 to 40 gpus.

lol