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Author Topic: October 2014. Are GPU rigs useless?  (Read 8126 times)
adaseb
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November 25, 2014, 01:37:25 AM
 #61

ASICs are a good ROI if you know the right time to buy and sell them. If you keep them too long you will lose money big time

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Ignition75
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November 25, 2014, 10:18:53 AM
 #62

need to build solar panel if want continue GPU rigs

Amen to that, I'll come back to mining one day, in a house with walls made from solar panels  Grin

The new generation have arrived and they brought their own currency...
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November 26, 2014, 02:24:35 PM
 #63

need to build solar panel if want continue GPU rigs

Amen to that, I'll come back to mining one day, in a house with walls made from solar panels  Grin

I find selling solar panel's power back to the grid is a better investment. And you don't need to do anything...

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November 26, 2014, 06:55:32 PM
 #64

need to build solar panel if want continue GPU rigs

Amen to that, I'll come back to mining one day, in a house with walls made from solar panels  Grin

Solar power is indeed the best option but intial setup is expensive .
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November 29, 2014, 10:48:22 AM
 #65

need to build solar panel if want continue GPU rigs

Amen to that, I'll come back to mining one day, in a house with walls made from solar panels  Grin

I find selling solar panel's power back to the grid is a better investment. And you don't need to do anything...

Mining is not profitable for most people.
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November 29, 2014, 12:53:10 PM
 #66

only way to gain profit is neoscrypt

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November 29, 2014, 01:32:45 PM
 #67

Do you have hard data willing to share?
Wolf0
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November 29, 2014, 01:35:33 PM
 #68

Do you have hard data willing to share?

Kind of pointless - what's profitable for him may not be profitable for you, and besides, we both know the more you spread news about profit, the more people that jump on the opportunity and rape it until it's no longer profitable for anyone, or only profitable for very few.

Code:
Donations: BTC: 1WoLFdwcfNEg64fTYsX1P25KUzzSjtEZC -- XMR: 45SLUTzk7UXYHmzJ7bFN6FPfzTusdUVAZjPRgmEDw7G3SeimWM2kCdnDQXwDBYGUWaBtZNgjYtEYA22aMQT4t8KfU3vHLHG
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November 29, 2014, 04:18:59 PM
 #69

It's not pointless to me. I haven't seen a single declaration of "profit" stand up closer scrutiny and I'm interested in knowing if those declaration come from data or feelings.
Wolf0
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November 29, 2014, 04:22:33 PM
 #70

It's not pointless to me. I haven't seen a single declaration of "profit" stand up closer scrutiny and I'm interested in knowing if those declaration come from data or feelings.

Oh, I see.

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November 29, 2014, 04:34:57 PM
 #71

It's not pointless to me. I haven't seen a single declaration of "profit" stand up closer scrutiny and I'm interested in knowing if those declaration come from data or feelings.
attracting attention isn't good for profit either  Grin

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November 29, 2014, 05:41:32 PM
 #72

It's not pointless to me. I haven't seen a single declaration of "profit" stand up closer scrutiny and I'm interested in knowing if those declaration come from data or feelings.
attracting attention isn't good for profit either  Grin

Wrong. Big farmers dump their altcoins to pay the electricity bill. Gamers and small miners keep them, and secure the coins blockchain. Private kernals are destroying the altcoin marked.
Wolf0
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November 30, 2014, 12:05:35 AM
 #73

It's not pointless to me. I haven't seen a single declaration of "profit" stand up closer scrutiny and I'm interested in knowing if those declaration come from data or feelings.
attracting attention isn't good for profit either  Grin

Wrong. Big farmers dump their altcoins to pay the electricity bill. Gamers and small miners keep them, and secure the coins blockchain. Private kernals are destroying the altcoin marked.

Wrong - anyone who isn't completely stupid dumps enough to pay for power. The rest they may hold or sell as they see fit.

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MaxDZ8
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November 30, 2014, 11:05:04 AM
 #74

Wrong. Big farmers dump their altcoins to pay the electricity bill. Gamers and small miners keep them, and secure the coins blockchain. Private kernals are destroying the altcoin marked.
I currently sort of agree.
As a side note: it seems reasonable to me the whole X11 FPGA rumors might currently be just elite kernels but that's another rumor I like to watch... sort of like the chemtrails bullshit.  Smiley
adaseb
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November 30, 2014, 01:22:28 PM
 #75

I don't think its the FPGA its simply miners turning on their GPUs because its cold right now and they want to heat their apartment.

The largest difficulty increase was when the snow fell not before that.

If FPGA existed on a large scale, X11 would be very close to Scrypt.

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djm34
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November 30, 2014, 01:28:44 PM
 #76

this isn't obvious
The main problem are multipool and them, they don't even look at the price and dump all the time.
(although it is ok for good coins where there is buy support, it prevents any grows of smaller coin).
Here is the problem.
And even though they aren't profitable to small miner, small miners who don't want to do their homework (meaning researching coins) jump on that and kill as well the market.

The other thing: sell walls   Grin Just watch for fun on any coins, any exchanges all the small miners dumping at low price just to sell their dust before a whale (or a clever investor)... yeah small miner keep their coins until they start acting like morons on exchange...  Grin

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Thirtybird
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December 13, 2014, 04:52:10 AM
 #77

I guess I'm one of the few who is still profitably mining using GPUs.  My little farm is covering 200% of its electrical costs at $.125 per KW/H as of 11/30 with BTC/USD calculated at $345.  The farm reached full ROI as of about 8 months ago, so anything above cost is a win to me. 

No private kernels - everything I've done code-wise is available.  I would not recommend anyone putting one together now though - chances of ROI with a new GPU rig is not looking good.

YACMiner: https://github.com/Thirtybird/YACMiner  N-Factor information : https://docs.google.com/spreadsheet/ccc?key=0Aj3vcsuY-JFNdC1ITWJrSG9VeWp6QXppbVgxcm0tbGc&usp=drive_web#gid=0
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adaseb
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December 13, 2014, 05:06:57 AM
 #78

I guess I'm one of the few who is still profitably mining using GPUs.  My little farm is covering 200% of its electrical costs at $.125 per KW/H as of 11/30 with BTC/USD calculated at $345.  The farm reached full ROI as of about 8 months ago, so anything above cost is a win to me. 

No private kernels - everything I've done code-wise is available.  I would not recommend anyone putting one together now though - chances of ROI with a new GPU rig is not looking good.

What are you mining exactly?

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BitmoreCoin
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December 13, 2014, 02:06:41 PM
 #79

I guess I'm one of the few who is still profitably mining using GPUs.  My little farm is covering 200% of its electrical costs at $.125 per KW/H as of 11/30 with BTC/USD calculated at $345.  The farm reached full ROI as of about 8 months ago, so anything above cost is a win to me. 

No private kernels - everything I've done code-wise is available.  I would not recommend anyone putting one together now though - chances of ROI with a new GPU rig is not looking good.

What are you mining exactly?

Same question. I think the profit is marginal.
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December 15, 2014, 04:13:58 AM
 #80

Multicle Scrypt-Chacha coins - YACoin, Ultracoin, (was YBCoin and Cachecoin).  The trick is to have low power GPUs with lots of memory - check my post history for all the details (granted, you're almost a year late to this train).  Profitability for this month is down, but I'll cover electricity for the month at the 2.5 week mark instead of the two week mark.

YACMiner: https://github.com/Thirtybird/YACMiner  N-Factor information : https://docs.google.com/spreadsheet/ccc?key=0Aj3vcsuY-JFNdC1ITWJrSG9VeWp6QXppbVgxcm0tbGc&usp=drive_web#gid=0
BTC: 183eSsaxG9y6m2ZhrDhHueoKnZWmbm6jfC  YAC: Y4FKiwKKYGQzcqn3M3u6mJoded6ri1UWHa
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