CryptoCurrency Mining with GPUs *spawn*
- Thread starter CarstenS
- Start date
Well NVM. Modified xorg with coolbits=28 and now I've got six 1070s running at 95W each and a 1000 mem oc and a -200 GPU down click. So about 700W for about 180MH/s Ether.
This is my new 3dmk2k.
Ethereum miners are renting Boeing 747s to ship graphics cards and AMD shares are soaring
https://qz.com/1039809/amd-shares-a...-boeing-747s-to-ship-graphics-cards-to-mines/
D
Deleted member 13524
Guest
This is getting out of hand.
It's impossible this isn't creating a huge bubble of investment.
It's impossible this isn't creating a huge bubble of investment.
Crazy. The thing is that it's hard to beat a 10 month ROI. It costs basically $3k to generate a 180 MH/s rack which equates to about $300/month at Eth=$200@. Go bigger and it's the same ROI break point less volume discounts...
In my case, I needed a project to test the limits of my new reality. I'm sure I'll lose money on the whole effort as I lose interest, but I proved I can do this kind of stuff in my new gimped state.
In my case, I needed a project to test the limits of my new reality. I'm sure I'll lose money on the whole effort as I lose interest, but I proved I can do this kind of stuff in my new gimped state.
D
Deleted member 13524
Guest
Just make sure you cash out regularly. This thing could implode at any time IMHO.
chavvdarrr
Veteran
heh .. an year and half ago ROI was like 4-5 months... but I was too afraid of implosion
and invested only 1k euro.And then reinvested half of profit... 20 cards atm and 1btc in exchanges/wallets
I prefer to laugh on myself
how long does it take for them to pay out. I went to their site and set up claymore and used ethereum wallet to make a wallet. Its been running for almost 12 hours now. Sorry for the questions but i want to make sure i'm doing this right. I have my 290 set up and its giving me about 16Mh/s
Rootax
Veteran
Nanopool has a 1%fee if I'm not mistaken.
For the payout, you can adjust it to 0.1 eth if you configure your miner to identify yourself (with an email).
Eastman, you won't be paid until you mined 0.2eth, so It can take while at 16mh/sec. But you can follow what is happening at https://eth.nanopool.org/account/yourethwalletaddress
For the payout, you can adjust it to 0.1 eth if you configure your miner to identify yourself (with an email).
Eastman, you won't be paid until you mined 0.2eth, so It can take while at 16mh/sec. But you can follow what is happening at https://eth.nanopool.org/account/yourethwalletaddress
chavvdarrr
Veteran
Wanna give brief how-to for trading?
I tried several times... But when realized that long-term the best I achieved was "no big losses" i stopped
I tried several times... But when realized that long-term the best I achieved was "no big losses" i stopped
tongue_of_colicab
Veteran
Buy low, sell high.
Seems all these coins are still pretty volatile so it shouldn't be too hard to jump in at a point where there is a reasonable likelihood prices will go up.
Also, I don't see the point in mining on your own. Seems to be that unless you have a warehouse full of GPUs mining you're not operating on a large enough scale to really make a lot of money. You have to spend a couple of grand on hardware, electricity, keeping things running etc. and if after a little under a year you finally have your initial investment back, who's to say your hardware is not due for a upgrade by that time because a much more efficient card has come along?
Looks like you are better off watching coin values and when one drops due to whatever jump in. Looking at Bitcoin it appears that if you'd bought some coins a couple of weeks ago you could have made a ~40% profit already (from 1900 to 3200).
Seems all these coins are still pretty volatile so it shouldn't be too hard to jump in at a point where there is a reasonable likelihood prices will go up.
Also, I don't see the point in mining on your own. Seems to be that unless you have a warehouse full of GPUs mining you're not operating on a large enough scale to really make a lot of money. You have to spend a couple of grand on hardware, electricity, keeping things running etc. and if after a little under a year you finally have your initial investment back, who's to say your hardware is not due for a upgrade by that time because a much more efficient card has come along?
Looks like you are better off watching coin values and when one drops due to whatever jump in. Looking at Bitcoin it appears that if you'd bought some coins a couple of weeks ago you could have made a ~40% profit already (from 1900 to 3200).
I've made about 33% so far trading. I'm not sophisticated. The last couple days, for example, Bitcoin has been on a tear, increasing to around $3300. Bad time to buy in, right? But I had some ETH and the ETH/BTC actually increased more than ETH/USD so I picked a point and sold my ETH for BTC. I've also purchased some alt coins showing rising trends and will likely swap them back to BTC today as they're up 70% in 24 hrs.
Unfortunately, I'm not playing with "real" money so only my percentages look good. Pretty sure I'm too (fiscally) conservative to play this game with large amounts of money.
Edit: forgot to add that it's crucial to have funds in a few exchanges to do this. If you see an opportunity but don't already have funds in the exchange then that process can take hours to days.
Unfortunately, I'm not playing with "real" money so only my percentages look good. Pretty sure I'm too (fiscally) conservative to play this game with large amounts of money.
Edit: forgot to add that it's crucial to have funds in a few exchanges to do this. If you see an opportunity but don't already have funds in the exchange then that process can take hours to days.
Similar threads
