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

[philipma1957]

eth is paying 144% at viabtc,

5 cents an mh

or 2.60 for   amd 5700xt
or 3.00 for nvidia 3060ti. I could roi this card in under 165 days
or 4.50 for nvidia 3080.  I could roi this card in under 185 days

Not sure how long this heats up as 144% at viabtc is unreal.


https://etherscan.io/chart/hashrate is making this claim:


Highest Avg Hash Rate of 300,739.6361 GH/s was recorded on Monday, December 28, 2020


which makes sense at the gas being charged to move a transaction.

[fr4nkthetank]

yes, the DEFI craze is still ongoing.  They have airdrops, recently 1inch i think.  where they reward you if you "stake" coins in liquidity pools, etc.  People rush to claim them and sell them, driving up eth gas fees, which is good for us.  So you put 1 ETH and 1 ETH equivalent of a shitDEFIcoin, say sushi or other, and then you get "rewarded" with the platforms own token (UNI for uniswap, etc).  I honestly don't know where they are going with this, but this is ICO 2017 mania x 1000.  People have crypto, and they want to make returns with their money.  It makes little sense but since when did common sense have anything to do with everything here...except bitcoin.

The number of new DEFI "coins" if we can call them that has exploded.  New platforms promising % returns have exploded.  Lending with collateral has exploded.  Its insane.  Hopefully this pumps bitcoin like crazy but the crash will be equally epic.  Always keep emergency popcorn ready.

For example, see https://help.coinbase.com/en/coinbase/trading-and-funding/cryptocurrency-trading-pairs/wbtc

edit:  so wow, we have surpasses all time high hashrate for ETH even with 4gb gpus dying.

[geck]

eth is paying 144% at viabtc,

5 cents an mh

or 2.60 for   amd 5700xt
or 3.00 for nvidia 3060ti. I could roi this card in under 165 days
or 4.50 for nvidia 3080.  I could roi this card in under 185 days

Not sure how long this heats up as 144% at viabtc is unreal.


https://etherscan.io/chart/hashrate is making this claim:


Highest Avg Hash Rate of 300,739.6361 GH/s was recorded on Monday, December 28, 2020


which makes sense at the gas being charged to move a transaction.

at these rates, even a 3090 seems like a good idea 

[philipma1957]

eth is paying 144% at viabtc,

5 cents an mh

or 2.60 for   amd 5700xt
or 3.00 for nvidia 3060ti. I could roi this card in under 165 days
or 4.50 for nvidia 3080.  I could roi this card in under 185 days

Not sure how long this heats up as 144% at viabtc is unreal.


https://etherscan.io/chart/hashrate is making this claim:


Highest Avg Hash Rate of 300,739.6361 GH/s was recorded on Monday, December 28, 2020


which makes sense at the gas being charged to move a transaction.

at these rates, even a 3090 seems like a good idea  

144% means coins are effectively 1.44 x 750 = 1080 if you mine at viabtc.com


I would argue even just a bit higher as min payout is around 96.5 % of an ethblock

so 1.44/.965 = 1.49 to 1 or

750 x 1.49 = 1117 usd a coin


these mad insane moves last 1-3 months.

I can see it grow to 1100-1200 a coin and 120%  or for us miners maybe 1440 effective coin price.

we are around 5 cents a mh. so my 3060ti makes 3 a day. and costs 65 cents in power of which I use for heating the den.

So it clears $2.50 a day around 200 day payoff.

All my cards are paid off. As I have 800mh already running and added 1200mh July to Dec.

I am sitting really good. But I would really like 90 good days from today on.


Checked my records I have 1,000,010  doge I thought I sold 350,000 I did not.


https://dogechain.info/address/DTxnGj2uNy1ZYezy1Pp1321uxK5gwU4kXS

that is on hodl for a bit. and btc is  at  29000 +

[deadsix]

or 3.00 for nvidia 3060ti. I could roi this card in under 165 days

Phil you gotta change your ROI calc to account for the residual value of the card itself, lets say it drops 20% in value in the first 6 months, its still worth $300+ so your actual ROI is less than 37 days.
Now if only I could find any in stock ...

[Sebahl]

I am selling off all my old cards (Polaris and 1070s) right now. Prices are insane. I am basically getting more than I paid for my old Polaris cards. Although I could keep mining, resale on these old cards will drop next to nothing once the new gen is widely available, so now is the time to sell. Am planning to grab 3060tis when I can. They seem to be price to performance winners. But wouldn’t say no to 3080s either.

[adaseb]

I am selling off all my old cards (Polaris and 1070s) right now. Prices are insane. I am basically getting more than I paid for my old Polaris cards. Although I could keep mining, resale on these old cards will drop next to nothing once the new gen is widely available, so now is the time to sell. Am planning to grab 3060tis when I can. They seem to be price to performance winners. But wouldn’t say no to 3080s either.

I have been selling my RX 470 4GB since the 2018 crash pretty much. What I noticed is that they are selling like hot cakes pretty much . A year ago I would sell maybe 1 or 2 every month. Tons of low ballers and people basically saying “I know you mined with this GPU will give you $20 for it”.

Now when I make a Craigslist ad some days I sold 2 of them the same day. Reason why is mostly due to covid. In my area they banned gatherings and everybody is stuck at home. Nothing to do except play video games or watch Netflix. It’s not only GPUs, some CPUs are sold out also. Go to Newegg and see how much stuff is out of stock.

[philipma1957]

I am selling off all my old cards (Polaris and 1070s) right now. Prices are insane. I am basically getting more than I paid for my old Polaris cards. Although I could keep mining, resale on these old cards will drop next to nothing once the new gen is widely available, so now is the time to sell. Am planning to grab 3060tis when I can. They seem to be price to performance winners. But wouldn’t say no to 3080s either.

I have been selling my RX 470 4GB since the 2018 crash pretty much. What I noticed is that they are selling like hot cakes pretty much . A year ago I would sell maybe 1 or 2 every month. Tons of low ballers and people basically saying “I know you mined with this GPU will give you $20 for it”.

Now when I make a Craigslist ad some days I sold 2 of them the same day. Reason why is mostly due to covid. In my area they banned gatherings and everybody is stuck at home. Nothing to do except play video games or watch Netflix. It’s not only GPUs, some CPUs are sold out also. Go to Newegg and see how much stuff is out of stock.

Yeah. I did get around 5 psu's and 3 gpu's in the last 10 days of this year.

All at okay prices but tons of stuff is just sold out.

I grabbed

2 seasonic focus  850w ------------good price
1 seasonic focus 1000w -----------good price
1 corsair    rm850x black ---------- good price
1 Super Flower Leadex 1300 watt psu -- good price
1 amd 5700xt xfx -- meh tiny bit over paid
1 amd 5700xt powercolor -- meh tiny bit over paid
1 amd 5600 xt asus strix --- good price
2 sticks of 32gb ram -- meh tiny bit over paid
1 2tb m2 nvme. --- good price

these will all go as ending inventory so they will lower my  income.

I think I will place 1 more order today.

[Toughit]

Phoenix miner with a 470 8gb, showing 61w of power draw at 25 mh.  
Working on reducing power as my electric  price goes up 12% today (from 15.5 cents to 17.36).

Running the card at 1100/2000 HWinfo shows 936,000 GPU memory errors in about 12 hours.

Had 2 stales during that time, PM shows poolside has rate of 23.7 (vs 25 miner hashrate).

Dropped it to 1080/1950. Have zero GPU errors in 2 hours (too soon to judge), hash rate is 24.5,Phoenix says  poolside now has 25.82 with the same power draw.

So, just how important is it to eliminate GPU memory errors?  I have not checked any of the cards/rigs in years.

[philipma1957]

Phoenix miner with a 470 8gb, showing 61w of power draw at 25 mh.  
Working on reducing power as my electric  price goes up 12% today (from 15.5 cents to 17.36).

Running the card at 1100/2000 HWinfo shows 936,000 GPU memory errors in about 12 hours.

Had 2 stales during that time, PM shows poolside has rate of 23.7 (vs 25 miner hashrate).

Dropped it to 1080/1950. Have zero GPU errors in 2 hours (too soon to judge), hash rate is 24.5,Phoenix says  poolside now has 25.82 with the same power draw.

So, just how important is it to eliminate GPU memory errors?  I have not checked any of the cards/rigs in years.

well the rate that matters is the pool not phoenix or smos.

Ie my 3 card 3080 at viabtc rates at

280.73 mh on smos as phoenix states 6841 shares 4 bad

on viabtc I rate 278.22m last day. this is what the real number is or what they pay on. 278.22 x  4.8 cents = 13.35 a day

if I crank up my ram I will do 5% bad shares

and earn very close to the same each day. maybe $14 a day.  use more power and stress the ram more.

to me <1% share errors is good.

5%> share errors is bad.

and pool number is the real payment number.


I would not run my 470 card with the high errors you mention


the low setting is most likely better for you.

[DrX]

Phoenix miner with a 470 8gb, showing 61w of power draw at 25 mh.  
Working on reducing power as my electric  price goes up 12% today (from 15.5 cents to 17.36).

Running the card at 1100/2000 HWinfo shows 936,000 GPU memory errors in about 12 hours.

Had 2 stales during that time, PM shows poolside has rate of 23.7 (vs 25 miner hashrate).

Dropped it to 1080/1950. Have zero GPU errors in 2 hours (too soon to judge), hash rate is 24.5,Phoenix says  poolside now has 25.82 with the same power draw.

So, just how important is it to eliminate GPU memory errors?  I have not checked any of the cards/rigs in years.

well the rate that matters is the pool not phoenix or smos.

Ie my 3 card 3080 at viabtc rates at

280.73 mh on smos as phoenix states 6841 shares 4 bad

on viabtc I rate 278.22m last day. this is what the real number is or what they pay on. 278.22 x  4.8 cents = 13.35 a day

if I crank up my ram I will do 5% bad shares

and earn very close to the same each day. maybe $14 a day.  use more power and stress the ram more.

to me <1% share errors is good.

5%> share errors is bad.

and pool number is the real payment number.


I would not run my 470 card with the high errors you mention


the low setting is most likely better for you.

I Think 61w i really low wattage, maybe give little more power and run the card with 1130/1950, most RX470 card can run 27-30Mh/s.
You havent edited straps?

[citronick]

Happy New Year 2021 Phil and everyone...

whenever DOGE moves up.... reminds me of Phil's DOGE bag.

$0.00647862

+36.1%

Congrats!

Btw, anybody knows why MONERO/DASH/ZEC got delisted at Bittrex?

https://finance.yahoo.com/news/bittrex-delist-privacy-coins-monero-183110456.html

[buraz11]

i have around 5500 doge in a wallet i forgot the code for...not much but it hurts

[philipma1957]

Happy New Year 2021 Phil and everyone...

whenever DOGE moves up.... reminds me of Phil's DOGE bag.

$0.00647862

+36.1%

Congrats!

Btw, anybody knows why MONERO/DASH/ZEC got delisted at Bittrex?

https://finance.yahoo.com/news/bittrex-delist-privacy-coins-monero-183110456.html

I thought I sold some and only had 650000 but I have 1,000,011.

its alltime high is 0.017 back in 2017

which means the 0.0069 it is could grow a lot.

If it went to 2 cents I would be at 20k







it is now at 0.0072

[adaseb]

Btw, anybody knows why MONERO/DASH/ZEC got delisted at Bittrex?

https://finance.yahoo.com/news/bittrex-delist-privacy-coins-monero-183110456.html

Wasn't there some regulation regarding privacy coins about a year ago being discussed? I remember something vaguely. Most likely I think Bittrex is taking caution because of how SEC cracked down on XRP. Or they got some private memo and we might see these privacy coins being delisted on other exchanges.

This pretty much happens whenever crypto is at ATH and regulations always take place shortly after. Basically crypto being thrown under the radar and first it was self-hosted wallets needing KYC, then ripple being sued, now privacy coins are targetted and next thing we know they will go after ETH because it had a premine. Crazy times.

[philipma1957]

Btw, anybody knows why MONERO/DASH/ZEC got delisted at Bittrex?

https://finance.yahoo.com/news/bittrex-delist-privacy-coins-monero-183110456.html

Wasn't there some regulation regarding privacy coins about a year ago being discussed? I remember something vaguely. Most likely I think Bittrex is taking caution because of how SEC cracked down on XRP. Or they got some private memo and we might see these privacy coins being delisted on other exchanges.

This pretty much happens whenever crypto is at ATH and regulations always take place shortly after. Basically crypto being thrown under the radar and first it was self-hosted wallets needing KYC, then ripple being sued, now privacy coins are targetted and next thing we know they will go after ETH because it had a premine. Crazy times.

BTC
LTC
DOGE


all are no worries.

I could get lucky with Doge as people bail from xmr

[Toughit]

[/quote]

I Think 61w i really low wattage, maybe give little more power and run the card with 1130/1950, most RX470 card can run 27-30Mh/s.
You havent edited straps?
[/quote]

Bios had 1625 straps copied up (I found a copy of the bios from 2017 labeled 'lazy 470', I seem to remember having problems with these). 

I reflashed with 1500 up, and then reinstalled adrenaline 20.4.2.

I can now run for hours with mem clock at 1849 and no GPU errors (only at 26.2 mh), but if I set to 1850, the card dies.

Powerplay BIOS table shows max mem clock at 2100

[philipma1957]

My doge hodl is making me nervous.

1,000,011  x 0.089 = $8,965.098615



https://dogechain.info/address/DTxnGj2uNy1ZYezy1Pp1321uxK5gwU4kXS


what to do?

[citronick]

ETH $766

BTC $31,418

Amaziiiing!

Congrats all - our rigs are making good money again!

[citronick]

My doge hodl is making me nervous.

1,000,011  x 0.089 = $8,965.098615



https://dogechain.info/address/DTxnGj2uNy1ZYezy1Pp1321uxK5gwU4kXS


what to do?

Wait for Elon Musk to twit about DOGE again..... 

Sell some, and keep some.... no such thing as a bad profit