Dr_Victor
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November 05, 2017, 01:46:11 PM |
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The fastest skunk miner is sp-mod #8. 15% faster than 2.2.2 on the Gtx 1060
is your sp-mod #8 free now? Free to buy
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bensam1231
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November 05, 2017, 03:44:43 PM |
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Just as another FYI, over the last three months it's been more profitable holding bitcoin then investing in mining gear (assuming GPUs). This month it was six times more profitable holding earnings and not buying new gear. Not talking altcoins which are more like gambling, talking bitcoin. Also talking pure revenue, not including stuff like power.
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I buy private Nvidia miners. Send information and/or inquiries to my PM box.
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Dr_Victor
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November 05, 2017, 03:48:35 PM |
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Just as another FYI, over the last three months it's been more profitable holding bitcoin then investing in mining gear (assuming GPUs). This month it was six times more profitable holding earnings and not buying new gear. Not talking altcoins which are more like gambling, talking bitcoin. Also talking pure revenue, not including stuff like power.
But who knows? Most likely BTC will go to correction, and mining will race forward.
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Amph
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November 05, 2017, 04:37:13 PM |
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Just as another FYI, over the last three months it's been more profitable holding bitcoin then investing in mining gear (assuming GPUs). This month it was six times more profitable holding earnings and not buying new gear. Not talking altcoins which are more like gambling, talking bitcoin. Also talking pure revenue, not including stuff like power.
mining gear make you more bitcoin, holding bitcoin won't make your number of coins grow, just saying...
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bensam1231
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November 05, 2017, 05:05:16 PM Last edit: November 05, 2017, 05:46:52 PM by bensam1231 |
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Just as another FYI, over the last three months it's been more profitable holding bitcoin then investing in mining gear (assuming GPUs). This month it was six times more profitable holding earnings and not buying new gear. Not talking altcoins which are more like gambling, talking bitcoin. Also talking pure revenue, not including stuff like power.
But who knows? Most likely BTC will go to correction, and mining will race forward. Yeah, the bubble will burst? I've heard that since BTC reached $1000 for the first time. You know you can sell BTC as well. Trading isn't all in, all out affair. Just as another FYI, over the last three months it's been more profitable holding bitcoin then investing in mining gear (assuming GPUs). This month it was six times more profitable holding earnings and not buying new gear. Not talking altcoins which are more like gambling, talking bitcoin. Also talking pure revenue, not including stuff like power.
mining gear make you more bitcoin, holding bitcoin won't make your number of coins grow, just saying... Yeah, I don't think you understand how this works. Holding any currency that increases in value 100% increases the amount of coins you have. Matter of a fact the 'growth' of your coins over the last month was +45% for BTC (when I checked last week and has increased even more today). You can very easily assume the minimum value of $750 for a 1080ti. That means the ROI on that card last month would've been $337. Or $11.2 per day every day, all day, for the entire month in per revenue. We haven't been earning that much since beginning of summer. Just thought I'd give you guys a heads up as it doesn't seem like some of you really understand how cryptos work. I haven't bought cards since the middle of summer. Only sharing this with you as it doesn't hurt me at all and looking at Newegg there is still a buy limit of 1 1080ti per person which means you guys are still buying hard on cards. Edit: Actually including today it's at 78% meaning that's more along the lines of $20 per day in pure revenue.
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I buy private Nvidia miners. Send information and/or inquiries to my PM box.
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garytheasshole
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Chosŏn Minjujuŭi Inmin Konghwaguk
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November 05, 2017, 05:39:43 PM |
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Just as another FYI, over the last three months it's been more profitable holding bitcoin then investing in mining gear (assuming GPUs). This month it was six times more profitable holding earnings and not buying new gear. Not talking altcoins which are more like gambling, talking bitcoin. Also talking pure revenue, not including stuff like power.
mining gear make you more bitcoin, holding bitcoin won't make your number of coins grow, just saying... It will if you sell at peaks and buy the dips.
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bensam1231
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November 05, 2017, 05:48:45 PM |
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Just as another FYI, over the last three months it's been more profitable holding bitcoin then investing in mining gear (assuming GPUs). This month it was six times more profitable holding earnings and not buying new gear. Not talking altcoins which are more like gambling, talking bitcoin. Also talking pure revenue, not including stuff like power.
mining gear make you more bitcoin, holding bitcoin won't make your number of coins grow, just saying... It will if you sell at peaks and buy the dips. And the point I was making is you don't even need to do that, you could've just held and it would've increased by 78%, no trading required. Not saying that's always the case or you can't make more money, for herp-derps around here it's a pretty straightforward affair.
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I buy private Nvidia miners. Send information and/or inquiries to my PM box.
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antantti
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November 05, 2017, 05:51:08 PM |
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Almost four weeks have passed, some guys need to close their positions after 28 days so let's have a quick look how these imaginary individuals are doing today: First guy, miner, went and bought that gpu and is adding it to his rig today. He is -$400 on cash and is holding hardware worth of $300. Estimated mining profits $1/day and he is back where he started from in 100 days.
-$400 on cash, hardware worth of $250-300, mining profits $1/ day so currently somewhere in $278-328 range total. Loosing money so far but this miner still believes there are better days to come and keeps on mining. -$100 in four weeks, this thing isn't going to the moon. Second guy, investor, went and bought 0.083 btc @$4800. He is -$400 on cash and is today holding btc worth of $475.
-$400 on cash, holding BTC worth of ~$620. +$220 in four weeks, looking good. Third one, trader, opened a leveraged 5x long position on btc/usd. He still has that $400 (tied to position) and his position today is worth of $775.
$400 still tied to position, now the time has come to close it. After expenses he now has $1,450 cash, +$1,050 in four weeks. Probably better to sit down and do some thinking. One thing is for sure, he's not going to buy more gpu's. Just some food for thought. Happy mining guys!
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bensam1231
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November 05, 2017, 07:18:38 PM |
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Almost four weeks have passed, some guys need to close their positions after 28 days so let's have a quick look how these imaginary individuals are doing today: First guy, miner, went and bought that gpu and is adding it to his rig today. He is -$400 on cash and is holding hardware worth of $300. Estimated mining profits $1/day and he is back where he started from in 100 days.
-$400 on cash, hardware worth of $250-300, mining profits $1/ day so currently somewhere in $278-328 range total. Loosing money so far but this miner still believes there are better days to come and keeps on mining. -$100 in four weeks, this thing isn't going to the moon. Second guy, investor, went and bought 0.083 btc @$4800. He is -$400 on cash and is today holding btc worth of $475.
-$400 on cash, holding BTC worth of ~$620. +$220 in four weeks, looking good. Third one, trader, opened a leveraged 5x long position on btc/usd. He still has that $400 (tied to position) and his position today is worth of $775.
$400 still tied to position, now the time has come to close it. After expenses he now has $1,450 cash, +$1,050 in four weeks. Probably better to sit down and do some thinking. One thing is for sure, he's not going to buy more gpu's. Just some food for thought. Happy mining guys! Except those aren't quotes. You took your original quotes and added in what I just talked about. The post wasn't even a response to discussing investment verse mining either, we were talking about GPL coding. Furthermore, you giving me a 'I told you so', when I've talked about this a few different times in the past, as I already mentioned. Also not even comparing it to hardware, real hardware rates, or actual income. Unfortunately slack only remembers so many messages so I can't dig it up. I see some of you regurgitating things I post in the NXS slack and don't remember who said it. I spent about nine months in there instead of typing wisdom in this thread. You're missing the point bro. Miners don't put money into the system, investors do. You aren't going to find buy support from miners.
I'm very good at missing points haha! What I tried to say is, using my earlier post (four days ago) as an example: Buying a $400 gpu today vs. going long btc/usd, who wins?
First guy, miner/ investor, went and bought that gpu and is adding it to his rig today. He is -$400 on cash and is holding hardware worth of $300 (pulling this from ass). Estimated mining profits $1/day and he is back where he started from in 100 days. Second guy, investor, went and bought 0.083 btc @$4800. He is -$400 on cash and is today holding btc worth of $475. Third one, trader, opened a leveraged 5x long position on btc/usd. He still has that $400 (tied to position) and his position today is worth of $775. To sum it up, first and second guy add some value to this ecosystem but third one doesn't (except volume). And still that leecher makes the biggest profits off all. Also if/ when market starts going south that fucker is the only one who makes money (shorting), the rest are panic selling or waiting for better times underwater. How is this post on topic someone might ask? Well, sp_ is a leecher too. So is every "dev" who is launching or pumping these compute heavy coins/ algos. Or 90% of ICO's. Or shady exchanges. List continues... The amount of stupid money currently flowing in is just so huge that everyone who knows how this shit works gets his "fair" share and then some. Knowing that new money is mostly after quick and easy profits helps when raping them. No offence guys, Antantti Leecher Nothing about SP is leeching dude. The same private farms with big money take open source code and they optimize it. It's funny that the GPL was designed to prevent companies from locking it down, to keep code 'free', but when it comes to monopolies where there is no input/output that people can see from the outside, GPL coding actually hurts everyone else since as long as you don't distribute it, it still complies with GPL coding. Both SP and bigprivatefarm take GPL code and optimize it, the difference is you'll never get your hands on bigprivatefarm's code. SP sells his code and if developers that opensource their code and want it to remain 'free and open' they should regularly update it, but we know this isn't realistic. Something about time, work, and it basically being a job. When it becomes a job people expect to get paid for it, such as what SP does. Bigprivatefarm still gets paid for it as they use it to make more money. Coding isn't static. The best miners aren't public. We're lucky SP actually takes time to do this stuff. While people talk about how amazing Alexis and his work is (much like other open source developers), they don't do this for a living. This a side project they do whenever they give two shits about it, which is to say, not often. That's the crappy thing about the open source community, it's not a job, it's a hobby and you can't count on hobby projects when your job involves using their software. I try to use Epsylons pool as much as possible and I donate when relevant, but I'll continue buying SPs miners as I don't have any other choice to compete with those farms. If someone wants to present a new option that works for everyone, by all means, do so.
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I buy private Nvidia miners. Send information and/or inquiries to my PM box.
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antantti
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November 05, 2017, 07:48:03 PM |
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No I told you so's, no what someone was talking about, just some numbers everyone can run through.
How to be even remotely on topic? Hmmm, 980ti came back as a refurbished 980ti in 2 office hours, didn't know they still have them. I was already typing a WTS add for 1080/ 1080ti.
edit: free bump
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fr4nkthetank
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Now the money is free, and so the people will be
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November 05, 2017, 09:14:11 PM |
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You guys are funny. How about this. 2000$ of gear a year and a half ago is now worth over 55000$ if you reinvested all profits in mining gear. So yeah leverage trading, margin call, oups.
If you mined 5$ a day of Ethereum, sold it for btc, and waited till today to sell, then you made 100$ a day mining. Just HODL.
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Epsylon3
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November 05, 2017, 09:43:48 PM |
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just rebought a 1080.. not logic but much more than buying a 1070 or 1070 ti priced higher
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antantti
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November 05, 2017, 09:53:32 PM |
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You guys are funny. How about this. 2000$ of gear a year and a half ago is now worth over 55000$ if you reinvested all profits in mining gear. So yeah leverage trading, margin call, oups.
If you mined 5$ a day of Ethereum, sold it for btc, and waited till today to sell, then you made 100$ a day mining. Just HODL.
Hmm, a year and a half ago... If I had to put $2200 in crypto right now I would buy dcr and then pos mine it. But that is just me.
just rebought a 1080.. not logic but much more than buying a 1070 or 1070 ti priced higher Haha, I find myself doing some silly things too often too... Love, kisses, hugs, peace to everyone!!!
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pallas
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November 05, 2017, 09:59:00 PM |
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just rebought a 1080.. not logic but much more than buying a 1070 or 1070 ti priced higher I find the 1080 to be the most efficient for the coins I usually mine. It won't be good for cryptonight but there are others things I would use it for. Now let's read the flames lol.
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grchina
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November 05, 2017, 10:48:32 PM |
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just rebought a 1080.. not logic but much more than buying a 1070 or 1070 ti priced higher I find the 1080 to be the most efficient for the coins I usually mine. It won't be good for cryptonight but there are others things I would use it for. Now let's read the flames lol. +1 for this,thinks that 1080 have the best w/h ratio,for example 520 sols at 130w...
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wacko
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November 05, 2017, 11:01:45 PM |
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+1 for this,thinks that 1080 have the best w/h ratio,for example 520 sols at 130w...
The best h/w ratio reward usually goes to 1080 ti cards. I'd say that regular 1080 cards get the close 2nd place. Here's a new 1080 I just got a couple of days ago, running in a test rig: Not bad, but you could do a bit better with 1080 ti.
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rednoW
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November 05, 2017, 11:29:59 PM |
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2 wacko Nope, gtx1080ti is more power hungry due to wider memory bus. gtx1080 can be tuned better in speed per watt.
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scryptr
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November 06, 2017, 01:36:32 AM Last edit: November 07, 2017, 01:16:30 AM by scryptr |
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A GTX 750TI GETS 13+ SOLS/WATT--
Sorry, I never sold mine. They are the most power-efficient GPUs for mining. Run at 100% TDP (or better), they still capable of providing the best efficiency. I realize that they are not capable of providing the "density" of a larger card, but I have a number of smaller PSUs to keep employed.
When AMD was king of scrypt mining, the R7 265 was billed as a GTX 750ti beater. It mined half the scrypt at nearly twice the power of my GTX 750ti cards. I still have those, too, in storage. The 2GB R7 265 cards paid for themselves (finally) mining ETH.
I will be receiving a set of GTX 1050ti SSC cards from EVGA this week. These dual-fan cards do not have a 6-pin socket, and are rated at 75 Watts each It will be interesting to compare them to my older 750ti models. --scryptr
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antonio8
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November 06, 2017, 02:45:35 AM |
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Just as another FYI, over the last three months it's been more profitable holding bitcoin then investing in mining gear (assuming GPUs). This month it was six times more profitable holding earnings and not buying new gear. Not talking altcoins which are more like gambling, talking bitcoin. Also talking pure revenue, not including stuff like power.
Ummmmm.......NO. If you have a small amount of BTC then it wasn't possible if you have a certain amount of gpu's on a certain coin then you would have killed the BTC increase. Now if you had a very large amount of BTC then that was possible. I guess it's just how you look at it but the cards will usually win in the long run.
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If you are going to leave your BTC on an exchange please send it to this address instead 1GH3ub3UUHbU5qDJW5u3E9jZ96ZEmzaXtG, I will at least use the money better than someone who steals it from the exchange. Thanks
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wacko
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November 06, 2017, 03:41:29 AM |
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Nope, gtx1080ti is more power hungry due to wider memory bus. gtx1080 can be tuned better in speed per watt.
But having wider memory bus doesn't prevent gtx 1070 and 1080 from being more efficient than gtx 1060 (256-bit vs 192-bit). Why should it be the case with 1080 ti vs 1080 then? I don't have a lot of 1080 ti cards, but out of those I've had the Ti were a little bit more efficient (in terms of h/w) than my 1080s. Not much, but still. Maybe my Ti cards are just not that great specimens. There is silicon lottery there and I've got a couple of very good 1080s (in terms of clock/voltage), the one on the screenshot above can do even a bit better in terms of h/w than that screenshot shows. I guess Palit does some binning for their high end versions (SJS and Gamerock Premium) and those chips are usually above average. Can't say the same about Aorus Xtreme, not nearly as good chips and I've even seen reports from users having trouble at the stock clocks. Still, buying some regular 1080s now cause where I live they're better in terms of h/$. Ti cards are quite overpriced here for some reason.
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