BitBear2
Newbie
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Activity: 42
Merit: 0
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November 24, 2014, 11:26:19 AM |
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I will keep my rigs for now. Be patient, soon the price of BTC will raise and our profit will raise
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Ignition75
Sr. Member
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Activity: 462
Merit: 250
www.dashpay.io
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November 24, 2014, 03:05:04 PM |
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Those rigs are just about worthless now! Got 65% of my RRP back, definitely not worthless. I bought top of the range of each card, which gamers gobbled up fast
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The new generation have arrived and they brought their own currency...
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adaseb
Legendary
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Activity: 3878
Merit: 1733
Up to 300% + 200 FS deposit bonuses
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November 24, 2014, 03:28:24 PM |
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Those rigs are just about worthless now! Got 65% of my RRP back, definitely not worthless. I bought top of the range of each card, which gamers gobbled up fast Many I bought were used so I maybe lost 25% value or so.
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AvaiSc
Member
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Activity: 98
Merit: 10
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November 24, 2014, 04:21:20 PM |
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need to build solar panel if want continue GPU rigs
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MisO69
Legendary
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Activity: 1946
Merit: 1005
My mule don't like people laughing
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November 24, 2014, 05:54:01 PM |
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I picked up some ASICS and replaced my GPU farm. I found that mining GPU coins was not profitable anymore. Unfortunately I will probably never see ROI on my ASICS. So I would have to say all mining is not profitable if you calculate equipment costs + electricity. I do it for speculation and hope. I hope the prices go up and I really hope the coins I'm mining and holding go to the moon.
I also believe this trend of low prices is only temporary and will pick up again in the next two years.
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ChekaZ
Legendary
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Activity: 1884
Merit: 1005
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November 24, 2014, 07:21:28 PM |
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Mine #NeoScrypt with your GPU rigs. #Feathercoin #Phoenixcoin or #UFOcoin.
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BTC: 1Ges1taJ69W7eEMbQLcmNGnUZenBkCnn45 FTC: 6sxjM96KMZ7t4AmDTUKDZdq82Nj931VQvY
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bensam123
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November 24, 2014, 08:07:03 PM |
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Yeah, I actually thought it was stupid to buy into ASICs originally as you need to keep turning them over and reselling them to keep up with the game, but at this point it seems as though I backed the wrong horse. I honestly didn't expect so many people to keep their rigs as space heaters for winter. It seems now that ASICs were the better solution simply as people didn't play hanky-panky with them by subsidizing their heating costs. It doesn't help that the people tweaking the the algos don't care about efficiency either (check the other threads and this one).
More hash doesn't mean anything (all else being equal) when it's at the cost of higher power usage. The only exception to this is compared to maxwell, which is where hash/watt comes into things.
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ChekaZ
Legendary
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Activity: 1884
Merit: 1005
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November 24, 2014, 10:04:04 PM |
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Mine #NeoScrypt with your GPU rigs. #Feathercoin #Phoenixcoin or #UFOcoin.
This is not twitter. - just like #!
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BTC: 1Ges1taJ69W7eEMbQLcmNGnUZenBkCnn45 FTC: 6sxjM96KMZ7t4AmDTUKDZdq82Nj931VQvY
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adaseb
Legendary
Offline
Activity: 3878
Merit: 1733
Up to 300% + 200 FS deposit bonuses
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November 25, 2014, 01:37:25 AM |
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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
Sr. Member
Offline
Activity: 462
Merit: 250
www.dashpay.io
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November 25, 2014, 10:18:53 AM |
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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
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The new generation have arrived and they brought their own currency...
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TheDragonSlayer
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November 26, 2014, 02:24:35 PM |
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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 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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Equate
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November 26, 2014, 06:55:32 PM |
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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 Solar power is indeed the best option but intial setup is expensive .
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BitmoreCoin
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November 29, 2014, 10:48:22 AM |
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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 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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cisahasa
Legendary
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Activity: 910
Merit: 1000
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November 29, 2014, 12:53:10 PM |
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only way to gain profit is neoscrypt
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MaxDZ8
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November 29, 2014, 01:32:45 PM |
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Do you have hard data willing to share?
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MaxDZ8
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November 29, 2014, 04:18:59 PM |
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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.
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djm34
Legendary
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Activity: 1400
Merit: 1050
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November 29, 2014, 04:34:57 PM |
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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
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djm34 facebook pageBTC: 1NENYmxwZGHsKFmyjTc5WferTn5VTFb7Ze Pledge for neoscrypt ccminer to that address: 16UoC4DmTz2pvhFvcfTQrzkPTrXkWijzXw
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sp_
Legendary
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Activity: 2926
Merit: 1087
Team Black developer
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November 29, 2014, 05:41:32 PM |
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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 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.
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MaxDZ8
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November 30, 2014, 11:05:04 AM |
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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.
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adaseb
Legendary
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Activity: 3878
Merit: 1733
Up to 300% + 200 FS deposit bonuses
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November 30, 2014, 01:22:28 PM |
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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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