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Spudalicious
Dec 24, 2003

I <3 Alton Brown.
What's up GBS I just spent $2k on a 5 gpu eth miner (all zip tied and ghetto as hell) and I'm currently cranking 130MH/s on 830watts. My returns are looking good so far, cashing out on quarter eths, just cashed 0.5 to usd, $128 after all txn costs.

Should have paid off in 3.5months, we'll see. After that, I'll sell all the parts and hopefully cash in big! Olive garden for days boys.

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Spudalicious
Dec 24, 2003

I <3 Alton Brown.
For what it's worth I feel like I'm gambling, I can't look at price charts any more it's just too much. I'm cashing out weekly. In 7 years I'll be pissed when ETH hits $8000

Spudalicious
Dec 24, 2003

I <3 Alton Brown.
Bit of a rocky night for Ol Bessy last night, we were messing with dual mining which slowed things down but she's back up and at em. I was able to mine decred and eth with a ~2% hit to the eth hashrate, however the extra load crashed it after ~15 minutes from overheating. I'll try some gpu-bios mods out tonight and see if I can get these cards dual mining in a stable way. I had to switch to windows too, linux has a dearth of tools for managing gpu clocks and voltages.

https://www.ethermine.org/miners/765514Dd42CdD77b1F494f5dF184D6A361be3750

Go go go go!!!

(Every time I check on it it makes me smile. Mine Ethereum, it's like mining happiness! Actually don't, difficulty is high enough as it is.)

Spudalicious
Dec 24, 2003

I <3 Alton Brown.

BENGHAZI 2 posted:

The problem is Bitcoin is insanely volatile so you can buy low and still lose all your money

If you buy a hundred buttcoins at $2000 and the price is now $1000, you can still recover, just hold on!

Spudalicious
Dec 24, 2003

I <3 Alton Brown.
If you recalled my post from a month or so ago, you would know that I bought a $2000 mining rig (actually more like 1800 as I refunded 1 bad GPU immediately). Today I read a bunch of ill news about the future of polaris GPU architecture struggling against a growing DAG and decided to post my GPUs for sale on ebay. I bought them at 269.99, I posted them for $400 used buy it now, and they all sold nearly instantly. Obviously should have posted at a higher price, but whatever. What blows me away is that at $400, it will take ~6 months to achieve payback assuming 27Mhash (which according to things will be more like 22Mhash in ~10 epoch cycles or so). If the price stays constant without any big jumps/dips, and the DAG growth impact happens as I predict it will, and difficulty continues to climb, yeah it would be more like 60 month payback period.

Am I crazy? I mined 2.2eth in that month, and so have accomplished the dream of buying a bunch of GPUs, mining with them, and selling at a profit. A year from now, I'll break down crying when the hashrates never went down and the difficulty dropped and prices skyrocketed somehow. Still keeping my 2.2 as ether.

Good day.

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Spudalicious
Dec 24, 2003

I <3 Alton Brown.
I'm pretty sure ethereum is gonna pull a bitcoin here pretty soon...

any day now...

:(

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