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Lambert posted:My hobby is having my PC run YouTube on autoplay all day without a monitor connected. It makes the place a little warmer and louder but it's a decently fun hobby. I mean if it paid comparably...
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Jul 27, 2018 19:15
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You can do folding and get a little money, do  , and heat your room at the same time. I liked it because I got to sperg out over the performance of various cards on various different projects over time and stuff.
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Jul 27, 2018 19:30
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Mining in a normal house is not profitable this summer. BTC is way lower than in the winter, and you now have to double your electrical cost to account for air conditioning to counter the heat (as opposed to partly writing off the electrical cost in the winter for saving on heating). Glad I sold my stack of 1070's at the absolute peak of card prices. I was telling everyone in the thread to sell at that time so I hope people mostly listened.
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Jul 27, 2018 19:39
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Pro miners use 18" riser cables to enable them to mount the entire fixture outside a window; dump that heat right back into mother nature!
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Jul 27, 2018 19:56
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DrDork posted:Pro miners use 18" riser cables to enable them to mount the entire fixture outside a window; dump that heat right back into mother nature! gently caress you mom!
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Jul 27, 2018 20:03
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Even with it being summer and quite hot outside, I'm doing about 3-4x return on the electricity costs.
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Jul 27, 2018 20:06
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Arteryman posted:Even with it being summer and quite hot outside, I'm doing about 3-4x return on the electricity costs. Are you doubling the KWH cost to account for the air conditioning to counter it? Even by NiceHash's extremely optimistic calculator, it says that 10c/KWH plus another 10c/KWH for AC, a GTX 1070 would use $6 of electricity a week for $8 income, so $2 a week profit. Factor the extra watts of the rest of the PC like the CPU and the fact that the NiceHash calculator is full of poo poo, and I'm almost certain you're losing money. Maybe you yourself are getting much better returns by micromanaging, but I don't see how a "set and forget" setup for the average Joe is going to make any profit these days.
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Jul 27, 2018 20:56
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I have solar on the roof so I can add another 20 1080tis and keep blasting the AC
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Jul 27, 2018 21:34
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Arteryman posted:Even with it being summer and quite hot outside, I'm doing about 3-4x return on the electricity costs. Well done! What are you mining for that return? (and what are your electricity/hardware costs etc?)
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Jul 27, 2018 21:43
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Fauxtool posted:I have solar on the roof so I can add another 20 1080tis and keep blasting the AC Well, you are a good person then, thank you for supporting sustainable energy. Even though it is probably offset by other people burning fuel to process your coins, lol Maybe one day we'll all get there if we don't wind up underwater first.
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Jul 27, 2018 21:56
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At least coinsanity is coming to an end, that'll ease the transition to renewable.
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Jul 27, 2018 22:00
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unless they somehow neuter the 11xx GPUs in mining only I can only forsee another GPU drought. Luckily the 10xx are still more than overkill for most games
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Jul 28, 2018 00:08
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Wow, had no idea bitcoin is back at 8000, I would have guessed 5-6k
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Jul 28, 2018 00:45
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Fauxtool posted:I have solar on the roof so I can add another 20 1080tis and keep blasting the AC Same, but I don't feel like wasting my GPUs since the December craze. I mean, back then it was a no brainer.
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Jul 28, 2018 01:56
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Fauxtool posted:unless they somehow neuter the 11xx GPUs in mining only I can only forsee another GPU drought. Luckily the 10xx are still more than overkill for most games The drop in demand for GPUs has way more to do with the market though. Nearly all coins will just adjust difficulty to the amount of hashing power anyway. If a bunch of people run out and buy 11xx series cards their output will just end up being the same as the 10xx series they are unloading right now. There will be a spike in demand, but unless the market heats up with another big rise in coin value you probably won't see the same kind of GPU drought like you did.
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Jul 28, 2018 02:07
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Fauxtool posted:unless they somehow neuter the 11xx GPUs in mining only I can only forsee another GPU drought. Luckily the 10xx are still more than overkill for most games Seems unlikely to me, unless you expect crypto to get back to 2017-era hype levels.
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Jul 28, 2018 08:42
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Yeah, cards that are 20-30% more efficient aren't really going to change the calculus all that much. Oh, great, instead of making $2/day with a 1070, I can make $2.50/day with an 1170! If the 1170 costs $450 and I can dump the 1070 for $250, that's only 400 days to make up the costs of upgrading! What drove the GPU market crazy for coins was BTC spiking like crazy, not improved GPU efficiencies. I don't doubt we'll get some True Believers who do it anyway, but the math doesn't support Average Joe getting involved anymore.
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Jul 28, 2018 11:15
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DrDork posted:Yeah, cards that are 20-30% more efficient aren't really going to change the calculus all that much. Oh, great, instead of making $2/day with a 1070, I can make $2.50/day with an 1170! If the 1170 costs $450 and I can dump the 1070 for $250, that's only 400 days to make up the costs of upgrading! $2 / day with a 1070 is laughable, more like 75 cents these days
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Jul 28, 2018 22:02
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So, With chink money about get to smashed into oblivion by trade war, mainlanders are going back to using BTC to safeguard their cash. I fully expect the US agencies to help them out here, too. If you've got a pot and want to cash it out, a slow burn through established exchanges with exposure to mainland markets is probably going to be the best deal you'll get for some time. JTLYK (USER WAS PUT ON PROBATION FOR THIS POST)
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Aug 2, 2018 08:14
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Oh, for sure man.
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Aug 2, 2018 09:00
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I heard that soon we will be buying soylent green so better save up gold statists.
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Aug 2, 2018 11:44
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Axe-man posted:I heard that soon we will be buying soylent green so better save up gold statists. Food is the only currency.
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Aug 2, 2018 23:01
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This Jacket Is Me posted:So,
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Aug 3, 2018 02:33
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Hey now it's a common term with us financial types
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Aug 3, 2018 03:09
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Fauxtool posted:Hey now it's a common term with us financial types I googled it and was rewarded with a nerdcore rap: https://youtube.com/watch?v=9TUDbQDW5S0
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Aug 3, 2018 17:09
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This Jacket Is Me posted:So, I mean sure I hope youre right cause its self serving but wow what a post Still mining to echo above, about to dump them all for the new gen though. Just need to decide when exactly.
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Aug 3, 2018 22:48
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Got an email from @bitcore.io saying I have received "A payment of 0.001102 BTC has been received into your wallet." From the miner that ripped us off last year? Can't even remember the name, haven't checked my wallet yet. Hmm.
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Aug 3, 2018 23:24
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LRADIKAL posted:Got an email from @bitcore.io saying I have received "A payment of 0.001102 BTC has been received into your wallet." Nicehash. They are, against all odds, paying everybody back (who kept up with their address) edit: in bitcoin of course when the value has dropped 125%, but still.
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Aug 4, 2018 00:03
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Yeah, it's really surprised me, too, but they're slowly paying out. For me, at least, they're about 60% of the way there.
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Aug 4, 2018 01:56
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Margins are razor thin. Mining mostly to speculate at this point. Edit: You know you can pick up 1080 ti's on eBay for like $450 shipped these days? One thing I have my eye on is RNDR, if it really materializes. Most likely ideal setup here is something like a 32-core Threadripper, with 128GB of fast RAM, large SSD's and your 1080ti's (2080ti? 1180ti?) in 8x/16x shielded risers. I priced it out right now to like $4,000 with the graphics cards on hand already. I hope RNDR does materialize and gives me an excuse to build something so dumb. Arteryman fucked around with this message at 05:01 on Aug 24, 2018 |
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Aug 24, 2018 04:54
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Arteryman posted:Margins are razor thin. Mining mostly to speculate at this point. I saw that earlier, and it combines render farm tier data storage and processing capacity, PLUS the high network link speed to move the huge asset files around, PLUS who the gently caress knows what you're storing? It's novel from a tech standpoint, but implementation is gonna be a shitshow compared to just getting one of the various Amazon Render server setups available.
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Aug 24, 2018 19:17
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I have 4x Titan X setup in my regular rig not doing anything most of the time when I am not gaming. Worth it to put a miner on it or will I just be wasting electricity?
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Aug 24, 2018 22:16
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Waste of electricity, at this point.
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Aug 24, 2018 22:18
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That sucks...I had a guy at work that was all raging about his crypto rigs...haven't heard anything about it recently...guess that's why.
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Aug 24, 2018 22:20
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OTOH, 4x Titans is already a waste of money.
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Aug 24, 2018 22:21
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syllabus posted:I have 4x Titan X setup in my regular rig not doing anything most of the time when I am not gaming. Worth it to put a miner on it or will I just be wasting electricity? You didn't think to flip those before RTX was announced? I'd grab one for $500 if ya put em on SA Mart.
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Aug 24, 2018 22:43
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Paul MaudDib posted:Waste of electricity, at this point. It is all a waste
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Aug 26, 2018 02:23
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life is a waste, end it now and save the trouble
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Aug 26, 2018 02:34
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Paul MaudDib posted:Waste of electricity, at this point.
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Aug 26, 2018 10:56
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Are ASICs just going to basically kill crypto altogether?
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