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Author Topic: Eth goes up a tiny bit and here come the what can i mine with a 580 threads 😂  (Read 170 times)
Marvell2 (OP)
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February 21, 2020, 10:31:52 PM
Merited by philipma1957 (1)
 #1

all you can mine is etherum or etherum classic with a rx card, you can’t mine bitcoin
cant really mine any other algo decently, do your self a favor and sell it for a 10x nivida 1070 or higher if you want to have options to mine.
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February 22, 2020, 12:58:28 AM
 #2

It's normal to see more movement on the forum in times like this, bullish again
I prefer to see crowded here, we can talk, discuss, share ideas and with coins worthing more, we can gain more money

RX580 was launched years ago, and still have profits if person's paying less than 0.10cents USD of electricity, and mine ETH now could be a good idea

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philipma1957
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February 22, 2020, 03:17:10 AM
 #3

I am liking my amd ryzen 9 3900x rigs. just have a single card mining eth and the cpu mining xmr.

I have.

1 threadripper  3 vegas
1 ryzen 2700.    a 1080ti
1 ryzen 3700.   a  1660
1 ryzen 3800.   a. 1660
4 ryzen 3900.   all have a 1660

these rigs burn 7.20 at 10 cent power

they earn 13.20 so makes 6 dollars a day or 2000 a year i had to buy the 3000 series cpus.  got some sales

cost was 2500 for the six cpus.  under 600 for some mobos.

I sold older amd cpus. got 300
purchased some ram.   cost 240.

sold a pair of simple miner intel rigs for 1000.

so maybe 3400 spent to upgrade minus 1240 is 2160

In theory I could have it all paid by Jan 2021.


notice no rx 590 no rx 580 no rx 570

i do have amd  vegas and gtx 1660 along with the gtx 1080ti.

pretty happy i did the upgrades.

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adaseb
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February 22, 2020, 05:03:39 AM
 #4

According to the ETH dev call, the ProgPOW is a launch for July. So the RX 580 might have a useful life once again. Even though the ProgPOW seems to favor Nvidia's if the ASICs are eliminated from the network, maybe the profitability will go up to be marginally profitable and we might see $1/day/GPU of profits like the good old days.

The only issue with the 580 is if it has 4GB memory and those are already running into issues. My Windows 10 rigs had issued and I had to either switch to Win 7 or Linux. I wonder if we will get this issue with ProgPOW.

Regarding selling and buying Nvidia 1070, you are going to take a huge loss on the RX and pay a large premium for the 1070. There is huge demand for the 1070 due to gamers and almost no demand for the RX series.

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Marvell2 (OP)
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February 22, 2020, 10:29:38 PM
 #5

According to the ETH dev call, the ProgPOW is a launch for July. So the RX 580 might have a useful life once again. Even though the ProgPOW seems to favor Nvidia's if the ASICs are eliminated from the network, maybe the profitability will go up to be marginally profitable and we might see $1/day/GPU of profits like the good old days.

The only issue with the 580 is if it has 4GB memory and those are already running into issues. My Windows 10 rigs had issued and I had to either switch to Win 7 or Linux. I wonder if we will get this issue with ProgPOW.

Regarding selling and buying Nvidia 1070, you are going to take a huge loss on the RX and pay a large premium for the 1070. There is huge demand for the 1070 due to gamers and almost no demand for the RX series.

Even more reason to dump the 5x cards either for what some are suggesting a 1660ti or 1070ti  , of course if you already have the polaris card keep it I suppsoe and wait but please do not buy polaris cards for mining


 
Marvell2 (OP)
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February 22, 2020, 10:31:23 PM
 #6

I am liking my amd ryzen 9 3900x rigs. just have a single card mining eth and the cpu mining xmr.

I have.

1 threadripper  3 vegas
1 ryzen 2700.    a 1080ti
1 ryzen 3700.   a  1660
1 ryzen 3800.   a. 1660
4 ryzen 3900.   all have a 1660

these rigs burn 7.20 at 10 cent power

they earn 13.20 so makes 6 dollars a day or 2000 a year i had to buy the 3000 series cpus.  got some sales

cost was 2500 for the six cpus.  under 600 for some mobos.

I sold older amd cpus. got 300
purchased some ram.   cost 240.

sold a pair of simple miner intel rigs for 1000.

so maybe 3400 spent to upgrade minus 1240 is 2160

In theory I could have it all paid by Jan 2021.


notice no rx 590 no rx 580 no rx 570

i do have amd  vegas and gtx 1660 along with the gtx 1080ti.

pretty happy i did the upgrades.


I have 4 3900x rigs myself nice rigs for dual mining CPU and GPU but if i had to do it again i'd by the 3x threadripper 32 cores vs 12 basical 3 in 1
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