/biz/ - Business & Finance

seems gay as fuck

>>28540727
If you like paying electric bills the size of fort knox.

If you have a card with more than 4gb VRAM, yes

>>28540727
I think the margins are so thin it isn't isn't it

>>28540727
only if you live in a hotel.

>>28540727
Are you mining on your own? I just bought a RTX 3080 for mining BTC/ETH, thinking of using NiceHash

>>28540727

You can pay off an RTX 3000 series card in 4 months of mining so yeah

>>28540727
XMR can be mined on GPU or CPU

>>28540862
this.
unless you get free electricity and just happen to have a bunch of equipment around; you probably won't make anything other than razor thin margins

>>28540940
Mining on a GPU wasn’t that great when I tried it on XMRIG. I mine ethereum on my 1080 and XMR on my CPU at the same time.

>>28540940
cpu only. ryzen only, incels can get fucked
gpu it's best to mine eth. apparently my vega can net $50 per month if i pay for electricity and turn up the fan speed so it doesn't throttle the hbm

>>28540932
what coin do you advise? I checked whattomine but it's only pnd shitcoin (except for eth)

>>28540959

I pay for electricity 12 cents a kw and I made 500 bucks last month with 2 GPUs

>>28541237

NiceHash unless you want to get autistic and try to find the optimal coin. I find NiceHash good because the ETH pools cuck you on cash out fees. With NH I transfer out .001 BTC at a time to coinbase every few days, no fees

so I have a spare hd5070 gaming comp from like 10 years ago and a few old laptops. Worth Setting up in my friends utilities included apartment? What coins would you focus on to set it up and forget about it for a year?

>>28541462
it's not worth it, you won't reach pool payout

>>28540826
my old apartment had electric heat only (the ad lied and the radiator didn't work) so for me it made alot of sense to mine with the rig my boss gave me for free, lol

>>28540727
I don't mine with gpus but Decred has been going well for me. The staking is a huge bonus because I can stake on top of mining. It's also been going up steadily against btc so im comfy

>>28540959
Just calculated it, I would make 70 cents a day on an RX580. I probably wouldn't do it for less than $2 a day

Have 2 R9 270's and a FX-6300 w/16 GB ram. Is this equipment too old to mine eth?

Anons I basically live in hotels because of my job. I travel about 300 nights a year. Could I made some decent side cash by building a portable mining rig and setting it up in the hotel and get free electricity?
Because of my airline status I get 3 free checked bags and right now I only use two, so I could get a nice hardcase with padding inside to transport my rig.
Then I just plug it in at the hotel and let it mine 24 hours a day for the next 14 days before I go to my next job.

>>28541670
>>28540959
Then your maths are way off. RX 580 should get you about $3-$4 per day. The new RTX cards also give very nice hashrates, basically if you have a 3080 running 24/7 you can earn 350-400 a month.
The only case mining wouldn't be worth it is if you live in a very cucked country where you pay like $0.5/kWh.
Oh, and I'm talking about ETH mining of course.

>>28542377
Buy a 2021 gaming laptop with the highest watage 3080 and rzyen 5000. You can't take a rig on a plane nigger.

>>28540727
better to just put that money in btc, eth or shitcoins you'll make better returns and faster. I learned the hard way in 2017

>>28542591
I pay 12 cents a kilowatt

>>28540848
If you have 4GB VRM or less, mining Raven Coin is very profitable.

>>28542591
Also, you have to factor in that ETH 2.0 is POS not POW. So your gonna have to mine something else when phase 2 is done and it's working. December maybe.

>>28542377
No, there are no portable rig. Your only solution is to buy land in Arizona desert, get a fiber optic cable to the place (the most expensive part), cover it in solar panels, use electricity of solar panels to run between 100 to 1000 8x gpu rigs. Profit!

>>28540932
ETH for GPUS with 6GB+ of RAM
RAV for GPUS with 4GB of RAM

13cents here in New England. Cucked I guess.

>>28540862
This is how I thought in 2008 when people were telling me about mining bitcoin. It's not about the immediate value.

>>28542850
ETH2 is vapor ware and proof of stake is equivalent to put the network for sale (i.e. an extremely wealthy individual will buy 50%+1 and you are all fucked)

>>28541311
what cards?

>>28542850
That's actually bullish for buying these. Even after the money cow switches you have other options to continue making revenue.
Eth isn't the only way to still profit off the purchase.

>>28542803
>>28543056
Scratch that, I pay 16 cents, up to 20 cents at peak hours, and 9 cents between 11pm and 7am. It would not even be in profit

Sorry if this is a stupid question but how much does the speed of the internet connection factor in? Or does it not? Also, how will mining on starlink at $100 a month with 150mbps down 30ish up affect mining if at all? See previous question.

>>28542879
Don’t forget to sit constantly on your treasure and the guns

Retards there are like 5 3d world countries where mining is actually profitable , just give up waggies the caggie awaits you on Monday haha

>>28542803
Which means about 30 MH/s on RX 580 = 0.022 ETH per day, on current prices that is $4.
Assuming you are running the card @ 130W 24/7, you would pay like 40c per day in electricity, that is more than $3 profit for a single card per day.
>>28542850
Well, assuming we won't be retired by the time ETH 2.0 comes out. Worst case scenario you can sell the equipment.

>>28543151
Nice.

>>28543097

3000 series

>>28543097
mommy's credit card

>>28540727
mine some shitcoin in the hopes it will x100

>>28543069
An extremely wealthy individual is going to have to pay 100B dollars.

>>28543337
Really? I should probably try it out anyway just to see, since I'm building a new PC I could try mining with my old one with the RX580

>>28543292

If you bought a new GPU to play vidya there’s no reason to not mine when you aren’t using it. You’ll at least 5-6x your electricity costs with current prices

>>28543069
I'm sure 200IQ autismo skeletor vitalik hasn't thought of this.

>>28543337
missed a 0, it's 0.0022 ETH per day, but dollar value was correct.

>>28543491
That's what these PoS fudders don't understand. Okay wow you spent 100B and you simultaneously made ETH worthless as a result. It doesn't even make sense for anyone anyone to do that

>>28540913
kek

>>28540727
Mine ETH+ZIL

Anyone else remember seeing all those mining rigs for sale on Craigslist after the 2017 bull run? I wonder how many of those guys necked.

I bought an RTX 2070 Super for gaming, I've started to mine ethereum just for the hell of it, it's profitable but I like crypto anyway, I would like to build some proper mining rigs just as a side hobby and so people who come to my house (mostly escorts) ask me "wow what's that for" and then I can say to them; "that is how I can afford to make you suck my dick"
I'd feel like such a boss

>British
>22cents a kwh
I barely make money with my RTX 3070 and R5 3600

I got a gtx 1080, can I do anything with this?

cruxpool.com is an easy place to get started. They show you what to download and what commands to run and link to your wallet. You can see your profits building in near real time and set your payout thresholds.
Again:
>4GB RAM or less -> RAV Coin
>6GB RAM or more -> ETH
Do normies really believe the RTX 3000 series is in short supply b/c of MUH GRAPHICS?

>>28544148

>>28544221
Yes, mine ETH. For everyone asking, it boils down to the HASH RATE of your GPU. Find your card here:

https://whattomine.com/gpus

These are more modern cards and their hash rates.

>>28544221
~$4 a day, and you will be paying for about 4kWh of energy per day. So do the math.

>>28540727
Yes. Any semi decent card is profitable. It's about $8/day profit with decent electric bills on new gen cards, showing about a 4/5mo ROI.

>>28540932
This, basically. If you have the ability to get one, there's no reason not to. This is at our current price point as well with ETH, which will likely go up before Eth 2.0 comes around.

What to mine with 5800x Ryzen CPU and 1060 6gb GPU? Anything worth it?

>>28544221
Mine Cortex, its the most profitable on Nvidia GPUs

>>28544545
The energy is free for at home with parent-incels.

>>28542879
Lol i hope you make it anon thats a great 8/8 from me dawg

>>28544428
>>28544641
See here. Forget CPU's, they are dogshit for mining. Focus on what your GPU can do.

>>28542850
Eth1.o is a piece of shit as well wtf you mean.. Gas feels make me feel like a pow tho..

>>28544844
Good CPUs can mine XMR effectively

>>28542879
Whats the seed money to fund this? You would have to buy land, build house, set up rig... i dont think i can get lucky fliping stocks/cryptos to do this. Maybe i move to lake tahoe in cali and set up a rig there

>>28543251
Bamp

>>28543251
In the end, every ms counts...

>>28540727
If you live with roommates then yeah. But even at $0.20/KW my 2070 is netting me 130$/month in eth and only costing me about 20$/month in electricity. But I split utilities 3 ways so its about 123$ net profit. I'm about to buy a 3080 just to mine more. This is the year to do it.

i have a gtx 980 (4gb) in my old PC
anything worth mining with it ?

>>28541461
This. Running a single 3080 that is optimally under/over clocked. Electricity averages $.06/kWh. Currently make about $10/day paid in BTC. Currently up $370 since January 1st. Won’t make me rich but card will pay itself off end of the month and I use it for gaming, so worth it to me

>>28544323
Literally Nvidia made mining cards and nobody cares about them so yea you are a moron if you think the shortage is not caused by scalpers.

>>28544940
Even then you'd get a fraction of the profit you would have mining with a GPU. you would need a threadripper (600W) to make 0.45 XMR monthly. Even if you are hoping for monero to skyrocket, it's better to mine with a GPU and trade your profit for XMR.

>>28540727
We should be more conscious of our energy expenditures for the future of this planet

>>28544940
Like a Ryzen 5800x? If so, how? major noob, starting research now

>>28544844
Thanks. Doesn't seem like 1060 6gb is worth mining with.

>>28545368
About 80 MH/s ethash, which is ~0.006 ETH/day.

>>28545516
It is both

You can pull in $30-$100 a month mining and validating IDNA on a shitty laptop or old PC if you care to put in the biweekly effort of making and solving flips (about an hour total).

>>28543535
Not where i live in eu , i would be running at a loss even if my parents would pay the electricity bill.

>>28545541
5800x + 650w SeaSonic psu - could probably mine XMR properly..

>>28545663
What the fuck? Do they generate electricity by bicycles?

>>28545806
Just check the EU price by kw and you can get into the suicidal mindset real quick..

How many days of mining ETH do I need to pay for the gas of moving it once

>>28545604
Explain pic. Did some one discovered those laptops are perfect for mining and bought the whole inventory?

>>28545966
Miners are buying every single RTX 30XX GPU even if it's in a laptop to mine with

>>28545936
Jesus.

>>28545963
I tested this yesterday. Gas price for uniswap = 80$ (lol), price for going from wallet to exchange for selling = 3-4$.

>>28545778
Isn't the 5800x like capable of 8600H/s?
That would mine 0.1 monero per month, not really enough.

>>28545590
Yes it is, around $80/mnth on ETH if its a 6GB version.

>>28545590
5800x would give 0.1 XMR per month
>>28545541
Hash per Watt on XMR its better to buy multiple Ryzen 9 than 1 EPYC or Threadripper

>>28546135
Yea .. we know

>>28540727
https://www.whattomine.com/
this is a guideline. i found it worse than what they said. tried mining eth with my gtx 1070. predicted $80/month after electricity costs, the mining pool stats said it was closer to $20/month after electricity costs. whatever, fuck it.

>>28546135
>2018
its even worse now here in Sbane. Crypto mining is just not an option.

>>28546304
It's way worse now , this was 3 years ago. It's just not an option anymore unless living in a shithole 3d world country

>>28546295
Keep in mind you should adjust power consumption and clock rates in MSI Afterburner to get close to the values reported on that site.
Look up mining clock speeds for your card.

Electricity is 3 cents a kwH where I live, threw some dust into 6 RX 580s I'm about to start mining. Should be a nice payout within 4 months

>>28544844
Not really true tho, epyc server cpus for example trounce xmr

>>28546295
Network speed is probably to blame.

>>28546417
https://www.youtube.com/watch?v=T48UTjHFsm8

>>28546295
Good website:
whattomine.com
And noobs report to:
cruxpool.com
They walk you through hit. You can switch pools later once you know wtf you are doing.

>>28545966
People are just buying whatever they can get their hands on

>>28545580
Yeah nigga im gona be dead tho so fuck it

>>28543251
Bumpity bump. Anyone? 4G hick asking

reminder that GPU mining also exerts huge stress to your hardware, I had GPUs die just in gaming in the past, using your GPU to mine while not gaming will reduce your gpus life expectancy

>>28540826
you're literally retarded, it's profitable even for me and my electricity is expensive.

>>28546809
Only thing that should matter really is latency. You will get stale shares if you have high latency. I heard startlink is pretty good in terms of that, like 40-60ms. (also mine to a pool that is close to you geographically)

>>28543069
That would require over 100 billion dollars and they would instantly destroy the value of ETH. For all intents and purposes it's impossible for anyone to fuck with ETH without pissing away an obscene amount of money they would never be able to recover.

>>28543230
your gpu isn't requiring 1 kw/h. go to whattomine.com , input 20/15 cents, see that it's profitable.

>>28545629
Hm pls go on
>>28546304
Dude wtf have you done... B isnt supposed to be the same as P... i cant stop saying S bane S pain wtf man why

>>28540727
I was under the impression that GPU mining really isn't worth it these days. You're looking at tiny margins once you account for electricity costs.
Unless you live in a college dorm with a flat rate rolled into your room&board, in which case go for it.

From what I understand, the current ridiculous prices for GPUs don't really have anything to do with crypto. It's really because of supply chain issues stemming from memevirus lockdowns, as well as tariff exceptions for GPUs expiring in January. RIP to anyone who was hoping to upgrade their gayman machine this year.

Bammp!! This thread is a very good read, Please continue...

>>28547140
that fucking pic of CIA, from the Dark Knight Rises, in the place of Spain fucking broke me. I can only say Sbane now.

>>28546135
>electricity tax
lolwut

Anyone mining with a Vega GPU?

I've recently started running ethminer in the background on the system I'm using (rtx 2070) and I can do work without it affecting my performance. it drops a couple of mh/h from me doing work (text based work), but other than that it's fine. I can watch youtube, twitch and vids in vlc too. I have free electricity so for me it's just free money. I also leave the pc on at night and fans aren't boosting up so it's silent.

I haven't really tried that many apps but GIMP ran just fine, libreoffice writer had a stroke when I opened it though - not sure why, probably some 3D accelleration enabled that can be disabled.

>>28549379
How much money are you pulling in from this?

>>28546872
I upgrade every 2 years anyways.

>>28549667
$4 a day

I mean it's not much but it's still money. I could probably improve it by overclocking my card or at least setting it to "gamer mode" but I just want my pc to be silent so I've left it at lower speeds.

>>28549855
Nice, an extra 1500/yr is nothing to sneer at

>>28540727
Yes, it's still very profitable. You can make 5-10$ a day with a single gpu.

I don't mine though, because it requires a large investment in a depreciating asset.

>>28547494
Believe that. Miners are buying these things by the dozens at a time per person.

What coins are even worth mining in this day and age?

>>28550269
ethereum is at $1800+

This thread is fucking hilarious, full of fagots that have the IQ to understand the complexities of blockchain mining but lack the common sense of how to steal electricity which has been around for over 100 years and flows like water in the first world.

>>28540727
8.8 kc / kwh in texas USA here
I buy a graphics card and mine with it when i'm not using it. Eventually, it just pays for a GPU upgrade about a year later.

>>28540727
just started mining on my 5 yo PC with a 980 Ti

>>28550782
lol did you see the thread with the guy mining in a hotel room? Fucking genius. It really blew my mind and made me re-evaluate how lazy I am.

>>28552174
Based and defeat the chinks pilled.

I live in cheap Airbnbs ($700/mo or less) and bring a small rig around my backpack. Nobody has noticed their electricity bill go up yet. Literally rent free.

>>28552438
What fucking country is this? Where i live $700 will get you 7 days in a shithole. Also, fuck the airbnb jew. No literally he's a jew.>>28552438

>>28552264
hotelanon is the undisputed king of biz

>>28552670
United States

>>28545516
Who do you think the scalpers are selling to, you 2 digit IQ subhuman?

>>28552890
Absolutely. I kneel. I'm even going to make a motivational poster to put up in my flat to remind me that I'm not scamming life hard enough.

>>28546872
That’s why you over/under clock, add decent heat sinks/pastes and ventilate. Spent $12 on heat sinks to cover the mem chips that are properly cooled on my 3080, under clocked GPU, over clocked the memory, optimized airflow and it never breaks 55C hashing constantly when I’m not gaming.

>>28553106
no joke man. Even spliced into the janitor’s closet to get a second circuit. I was up all night researching rigs

>>28540727
Nah. Its more CPU focused than mining but I would run a solana node.

>>28546872
If you do not exceed maximum temperatures of the components (around 90 celsius for GPU die, and 100-110 for VRMs), then your hardware will be fine. More stress is exerted on the hardware when temperatures fluctuate than when they are at a constant high.

>>28540727
Fuck the nay sayers OP. Try it for as month and if it's not worth it stop. I've been mining for two weeks and already have $320+. I'll hit my .35 ETH(~$600) before the month is over.

>>28540913
Based.

>>28541613
Damn.
How you got that shit for free??
And how much can you mine?
What’s your hash??

can't wait to drop my fried mining rig bags on gaymers once I double my investment

>>28540932
I have an RTX 8000 48gb VRAM, is it worth it?

>>28540727
Wait a minute, an RTX 3080 is $1000. If I buy 30 3080s I can make $300 a day on eth $100,000 a year, holy motherfucking shit why did nobody tell me this. I have enough money to do this now if only I could get my hands on that many. Hell I can just buy a shitload of pre-builts and it would still be worth it

>>28540727
If you get free electricity, you may as well mine DOGE. It has a high inflation rate and idiots like elon musk will actually pay you for it.

>>28556545
Brainlet.

>>28545966
Basically mining is so good, that supposedly Nvidia sold GPUs directly to the miners, but i also readed that the distributors themselves opened the mining farms themselves and just simply say "oops, we got no cards left" which i think is much more certain.

>>28556545
I know you are joking but if anyone thinks of trying to GPU mine doge: don't. Doge uses Scrypt algo which is dominated by ASICs pretty much exclusively. You won't earn shit with a GPU.

>>28556239
Good luck buying them in MSRP price, lmao