/biz/ - Business & Finance

not with the current gpu prices

two months too late my friend

>>6963357
no
bye bye

>>6963357
Not unless you can get cards for market price.

>>6963357
do this instead

https://www.skycoin.net/blog/skywire/skywire-the-next-internet/

https://imgur.com/a/mpnzh

https://www.skycoin.net/blog/statement/skywire-miner-hardware-for-the-next-internet/

>>6963357
I make 400 a month off of a 2k investment I made into cards 11 months ago.

Seeing how ether has gone 50x the first few $400 months can be multiplied by that

so fuck you dipshits

it wasn't a good time to mine then and it isn't now

miners in turtlecoin got like 1000% return in a month

If you already have hardware sitting around yet then it is but don't buy hardware that is now overpriced as fuck and expect it to pay for itself.

nope it's a scam by big hardware
this is the only generation of graphics cards that has doubled in price 2 years after release

>>6963559
I've been reading this since 2014, but I do believe it's true for mining.

That said, once the real crash happens, one that lasts awhile, I plan on scooping up some cheap rigs.

Yes it's still worth it
I own $20 000 worth of equipment and I mined $20 last week, might buy myself a nice rope at the end of the month
This bubble has popped, if you havnt already made it you won't
If you have already made it but don't cash out, you won't make it
It's all down hill from here

>>6963357
Mining coins that are brand new like Turtlecoin pays off. Fuck there are people who made 83K USD for mining for the first week of Turtle.

>>6963664
is this legit?

I maxed out my credit card buying 1080ti's at $1500 a piece, started mining last week finally and burned out 2 gpus when a riser caught fire. EVGA just told me to fuck off, warranty denied because crypto mining

FUCK, the credit card bill is due and I am so fucked. DO NOT get into mining right now, just wait till card prices come down or something, fuck its probably dead anyway

What can mine to make a nice profit with 8700K and 980TI gpu?

>>6963903
>first week of Turtle
When and how the fuck do you find these new coins, jesus christ

when will NVIDIA or AMD relase new good GPU cards for mining?

>>6964016
sure :)

>>6964016
Nice LARP

>>6964041
Turtle is by a guy on 4chan, he advertised it here.

>>6964041
Bitcointalk

>>6964142
So... is it a "mineNdump" or something or does it actually have something going for it? Should I not hold for more than a couple of months or what?

I make an extra $120 a month from my 1070 I got a year ago for $400. Living in a dorm with a flat fee for electric. Very worth it, for me at least.

>>6964271
What are you mining?

>>6964300
if only there was a website that could answer the question of what to mine? hmm...what to mine...what to mine...nobody will ever know.

>>6964359
you stupid casserole, he was asking him what he mines not what to mine

My parents got a retirement home with solar. Was thinking about sticking a rig there. whats a good site to evaluate mining rigs?

>>6964359
I asked him what he was mining, not what was the best coin to mine you stupid fucking nigger

I already made almost 100 usd with a single 1080 in less than a month by doing nothing.
So yeah, its worth if you can afford a rig and wait a few months until it pays itself.

>>6964300
I'm using NiceHash, but limiting the algos to just neoscrypt and nist5.

>>6963786
>I own $20 000 worth of equipment and I mined $20 last week, might buy myself a nice rope at the end of the month

What the fuck. What are you mining?
I have one r9 380 and 2 r7 370 and I make $5 a day.

>>6963786
this anon is obviously baiting or he's just stupid.

>>6963786
>someone is literally mining bitcoin with his rigs

step 1: find a new, unpopular coin
step 2: mine it for 2 weeks
step 3: shill the shit out of it
step 4: sell coins

this is how you mine in todays market

>>6964645
i mine bitcoins on my farm of athlon IIs faggot, i bought them all on ebay for like 5 dollars each
it's cool because my mom pays the power bill

>>6964560
I think getting paid in Bitcoin would suck even if the profit is good on NiceHash. I'm just mining Ethereum using Claymore with my 1070 but wondering if I should switch. I see the value of Ethereum going up a lot this year and probably taking #1 on CMC eventually.

>>6964718
>not mining electroneum instead

>>6963714
Yeah but my 390 was netting me 100k a day last week and now it's less than 5k

>>6964808
haha fucken faggit jokes on you i'm mining rare cryptonote coins
http://pool.getsikka.org/#
http://pool.ultranote.org/
please dont tell anyone though

Spent about 2k on videocards and make around 600 a month after power costs
Not bad

>>6964964
Genuinelly thankful

Btw, what's the market cap on those?

>>6965040
idk lol look at their threads and look at their pairs and work it out

>>6965161
Any exchange accepting these?
My drive is already full of shitcoin wallets

>>6965202
utn is on https://stocks.exchange
other one is on c-cex
i use vm wallets because i have the space and they are simple forknote copypastas

>>6963664
Delete this faggot

>>6963664
1 BTC for a single unit. WHAT

>>6963357
Mining is totally worth it if you're not a retard who will fuck up the tech, your electricity is average, and you have the space to do it.
I'm going to start mining soon. I think I'll start with a small rig so I don't spend that much out of pocket, and expanding to more cards with the profits.

However, it's also possible that you might just be better off buying coins and holding. Probably less profit, but infinitely easier.

>>6963357
only if you got enuff money to handle that electric bill, boiiiii

I have done nothing yet but I have been researching hard. Seems the 'asic' miners are strong if you can get a good, current one. Makes tons of noise though, you might need a real warehouse or noise-accepted space to run one or more.

>>6966064
>Thinking ASIC mining is good
Its not, once new gen ASICs hit markets, private buyers will always receive their units before you. The difficulty adjusts rapidly and all profitability goes out the window before your package hits the port from China.

Not with current GPU prices.

>>6963786
Dude, my $2000 rig is giving me $10 daily.

I have been running an S9 and L3 since June, for the first couple of months they made near enough $120 a day (combined) they now make between $30-40 a day.

To answer your question, it was a shit time to mine then and a shit time to mine now.

Reposting my farm, ama

>>6963357
Not really. By the time you break even the difficulty has increased so much your cards are worth it. China can afford to mine so much because they get their shit straight from the sweatshop and can live on $1/day

>>6967456
Tidy that shit up. Damn.

>>6967410
How much did you pay for those asic miners? and how do you deal with the insane amount of noise issue? Do you have any plans to get an Baikal?

>>6963664
what the fuck is this shit ? rasperrys glued together. Give me a fucking break..

R8 H8 MASTURB8

>>6967829
>carpet
Disgusting

>>6963357

Nope

No, unless you want a higher electric bill and chasing money that doesn't actually exist. Who cares what a coin is worth when you need to find somebody who will actually buy the damned thing first

>>6963559
Pretty much this. Its VERY hard to acquire the gpu's now and profits are way lower. I've paid 85% of my cards now and not getting any more..

>>6967456
Do you get electrocuted if you touch a GPU's outer layer/chips?

I got a rx580 for $315 and a 480 for $385. I make about $175 a month. It's not crazy profitable but I wanted to build a computer anyway, figure I'll accumulate some ETH if it moons when it goes PoS I win if not I get a dual gpu rig for cheap. Win win.

R8 my rig.

>>6967973
nope.
But touching the chips might burn you a bit, specially mining neoscrypt

>>6968064
I bet those 2 gpus on the left are hot as fuck.
Give them some proper breathing space ffs

>>6967724
hey I hate cables too, but what can I do?

>>6968073
Have you tried touching it with your cock?

>>6968214
I'm a grill ;)

>>6967765

With the PSU I about $2800, I actually bought a D3 as well but that got pretty unprofitable very quickly, I flipped it for about $300 less than I paid for it.

I have an sort of brick utility room attached to my kitchen, I'd call it an outhouse. Its single skinned and can only hear it up close. The two units are inside a small cupboard with air out/intake. They give off a fair bit of heat up close and would probably heat up an inside room very quickly. However, I live in the UK so its pretty fucking cold most of the year.

>>6967765

Also, I've heard but not looked too much into getting a Baikal, the website seems pretty shitty but I don't know much about the product sorry.

>>6967973
I got shocked once when I accidentally touched the cooling tubes of my GPU.

>>6968350
Did you get your hands on a baikal/obelisk/a3?
I think the people who got them late for 5x msrp are in for a surprise.

>>6968679
So you got about 120w delivered to your skin and call it a shock?
Are you some sort of queer?
I tase my dick with a whole rig's worth of voltage

>>6964699
Pretty much this, made 1k in 2 days mining trtl early. Quit cuz I found something better with more immediate results, in hindsight quitting was a bad bad decision.

>>6963664
>>6963998
>>6965352
>>6965405
>>6967800
sky coin is being retarded with the sky miner

>50 dollars of extruded aluminum
> 35 dollar raspberry pies x the amount you want
>20 dollar chink sd card x the amount of pi you want

the other side that it not even a raspberry pi, and probably and orange pi which is like 15 bucks each
>40 dollar chink power supply
>20 dollar router that is shit since it used WRT derivative.

>>6967916
there are plenty of people willing to buy crypto retard

>>6968815
tfw when you only spent 10 minutes mining trtl and got 1000, i couldve made thousands

>>6968983
>one can only hope turtle become doge levels and you cash out

>>6968754
So electrocuting your dick is not being a fucking faggot? Fucking faggot.

>120W delivered to your skin
>J/s
>delivered to your skin

>>6968904
>>6963664
Is this a joke

>>6969138
https://www.youtube.com/watch?v=MmZexg8sxyk
I said ooh girl
Shock me like an electric eel
Baby girl
You turn me on with your electric feel
I said ooh girl
Shock me like an electric eel
Baby girl
Turn me on with your electric feel

Would it be worth it if I mined your mother’s hole?

>>6964016
LARP
ignoring that
>telling EVGA you were mining not gaming

>>6969211
This was supposed to be my nofap marathon...Guessing that ends NOW

i have 8 1080ti's and i make $60 a day atm (AUD)

>>6967916
You can use nicehash, they pay you in BTC.

>>6969328
Hashrate, coin, electricity cost?

>>6969168
no they trying to create a crypto isp, and they charge 1 btc -600 dollars in hardware which is pretty much what I listed, some orange pi in a cluster with an sd card and maybe a usb? connected to a chink router running WRT

>>6969138
>something totally not related to gay sex makes you a faggot
Okay then

>>6969480
I find that sad. We both know how cheap you can get Rpi clones for. That sure as shit isn't $600 of hardware.

>>6968904
https://m.youtube.com/watch?v=NUUUhYyFOak

Don't get jizz on the floor

>>6963357
Yes if you stay on top of it and dont mind switching between coins semi-frequently to maintain profitability. Its difficult to scale into substantial earnings in a residential unit though.

If you have a gpu.
>yes

If you want to get into the market?
> risky
Market is collapsing so you might be able to hit your break-even point.

>>6963559
People were saying this a year ago.
GPUs are still flying off shelves.
Obviously there is still money to be made.
You should automatically assume anyone trelling you mining is pointless is trying to keep demand lower for themselves.

>>6963357

There’s always opportunities but you only know in hindsight. If you had started mining turtle 1 month ago with a 1080 Ti you would have over $15-20k usd rn

>>6963664
>mesh network
ITSECfag here. This shit is going to get pwned so hard. In theory it sounds good but the number one problem with mesh networks is how vulnerable to attack they are. When you're relying on randoms to provide bandwidth and storage... lol. Just lol. This shit has 0 future. Sorry pajeet. It sounds nice and we do all feel trapped by ISPs, but this is not a viable solution AT ALL.

>>6963357
I'm using my gaming PC to mine ethereum , byte coin and monero.

I'm somewhat optimistic about byte coin's end of the year price.

>>6969854
I'm in some facebook mining groups to get cheap rigs and this is what grinds my fucking gears. If you're confident a coin is going up YOU DON'T HAVE TO MINE THAT COIN. Mine whatever is more profitable and trade into it.

>>6969849
I can't believe that people with this much ambition to start manufacturing & selling their own mining rig wouldn't have some answer to that.

>>6969915
Those exchange fees tho.

>>6969602
Im sure that once they get sent out the code will come to light and anyone can set up a vps

I started mining turtle yesterday, Is it still time or should I switch to another criptonote coin?

>>6963786
Hahaha what the fuck are you mining? Noob!

>>6969954
I can see a form of a token ring network driven by blockchain tech, but you would need to solve reliability issues with nodes entering and leaving the network. I can see the decentralized ledger solving that problem, but it would take a lot of work and some really bright people to get done. I've only looked at the outline of Skywire, but you'd think they'd advertise up front how secure their network is if they are going to be using a mesh configuration.

>>6967456

Who did the tiling on your wall? It is beyond shit - you can see the gaps between the mosaic sheets.

You see it’s shit like that that tells me you are poor as fuck - you don’t even know what money buys you yet.

>>6969988
It's a simple addition and subtraction. I've seen people mine crap that have a daily profit 50% less than a viable top5 choice in whattomine or coinwarz. For fucks sake, this is grinding my gears big time for no reason.

>>6970153
>too poor to afford a jacuzzi room
>calls other poor

>>6969524
>>something totally not related to gay sex makes you a faggot

give him a break, gay sex is obviously the only thing on his mind

fyi, newegg.com is offering free motherboard's & monitors when you buy their over priced gpus...

>>6969639
why would I jizz over a shit product? it fucking generice extrude alu, some orange pi clusters, a router, and a psu

Bought a rig in December not sure I'd recommend it tough since the trend is going towards PoS

>>6970906
PoS will never scale
If it does, it will get 51d

To be honest it it was fun & rewarding building the rig and getting to work than the actual mining part. But I'm not that computer savvy

whats wrong with buying hardware from china

>>6971176
chinks

>>6963357
Making $11 a day mining like Lux with my gaming PC.

>>6971176
chink >chinks >whites

Chinks will screw chinks

>the pallet got lost in transit
>we sold it kek

Garlicoin. Mine now or regret later.

>>6971905
Garlic coin is doge, turtle is better cause even though they are both meme coins at least turtle can be used to sell drugs and weed due to it being a monero clone.

>>6963559
>>6963397
always said, always untrue

>>6963700

You can always tell these threads are full of underage and human leeches because they never factor kilowatt hours into their profits or simply don't because they live at home and their parents wonder why they are paying so much monthly.

I really should get my lazy ass going on this second rig. 580 and a 550 mining btg, / monero should net me some decent dosh, in combination of a 580 and 560 running 24/7. Really wish I could have got some Vega cards months ago.

>>6963357

it can be.. if you think that the crypto market wont completely crash and if u mine the right coins

got 2 x 7 1070 Ti mining Zec (why hasn't Zec been mentioned yet??)

got the gpu's at an average price of 440e (sweet!)

im sitting pretty comfy here, since i financed all of it with crypto gains

used gains to finance

I received a Vega 64 December 5 and have been mining monero 24/7 since. I'm at .3938 monero right now.

>>6971905
price collapsed from $3 to $0.50, how is this not going to 1 cent or less

You’re asking people if you should compete against them and make it harder for them to ask money. They’re going to tell you it’s not worth it.

>>6972951
The only reason it's never mentioned is because maybe it's not as profitable for them to mine. In my case bitcoin gold is more profitable to mine then Zec by a few cents.

>>6963714
mined 750k
feels good

>>6963357
My friend almost burned down his apartment. No.

>>6972416
>Garlic coin is doge
Do you not understand what you're even talking about? If Garlicoin reaches doge market cap I'll be fucking rich.

>>6971262
ok, now what if i go to the source, hire a translator, and do my best to get some sort of official blessing by a certain authority, then can i pull it off? looking to buy 100k worth at least

>>6972951
Wouldn't ZEN be better?

>>6967973
>>6968679

not possible, these gpus run off of 12v max
you cant get a shock even if you try
what you experienced was static discharge, it didnt come from the gpu but from you

if you had touched the pcb instead of the pipes you could have killed your card
always de-charge yourself on ground before working on anything electronic

>>6968064
nice bait with that psu
if not bait swap that china garbage out for a quality evega or server psu or you will loose your cards, probably all of them

>>6967456
>windows
pleb

>>6967829
why so much RAM and a liquidcooled fucking CPU? I bet you're on windows too. fucking cringe

>>6970424
not his fault, its just sooooooooooooooooooooooooooooooooooooooooooooooooooooo gooooooooooooooooood

>>6964402
What to mine gives an estimation per GPU.

>>6964359
top kek

How much do I have to invest in a rig in order to get a fast roi?