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Standard User astateoftrance
(fountain of knowledge) Mon 10-Apr-17 20:13:56
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GPU


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Well I still don't have a GPU and I am impatiently waiting for AMD to release their 500 series before making a decision, hoping it's this week. I would ideally like a card before the weekend.. really unsure what I will go for, out of the current cards I go from thinking of just grabbing a 1050ti to then thinking a 470/480 to then being tempted to go for a 1060 6gb.

I think a 470 or 480 is probably the sweet spot for performance/value but I do like the low power and temps of the nvidia cards.

Hoping for some good advice from one of the bots who have joined the forum laugh
Standard User Chrysalis
(legend) Mon 10-Apr-17 23:53:44
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Re: GPU


[re: astateoftrance] [link to this post]
 
what resolution you aim to play at and expected games?

There is a site that rents out cards, which I checked out after a youtuber praised them but the rental prices are insanity so wont recommend it. tongue

if you know its going to be temporary prior to 500 series launch then I would go for the cheapest one.

I suspect AMD have a deal with the console vendors to make their SoC systems more powerful than what they sell as discrete which would explain why they not going into high end performance territory in the PC space. With that said tho I read rumours that the 500 series could hit gtx 1070 levels of performance for mid range price.

Regarding temps, go for an aftermarket card, prioritise heatsink thickness. Going for a card which could be considered too powerful will lead to lower temps as it wont be working at full pelt. Nvidia didnt really get cool until pascal tho in my opinion. Pascal temperatures are unreal. My gtx 970 would still hit mid 70s or higher in heavy games, my 1070 is 40s in most games, but enters the 50s if pushed. I can only get it higher than 60 in benchmarks.

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Edited by Chrysalis (Mon 10-Apr-17 23:58:24)

Standard User mrnelster
(eat-sleep-adslguide) Tue 11-Apr-17 00:27:41
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Re: GPU


[re: Chrysalis] [link to this post]
 
I suspect AMD have a deal with the console vendors to make their SoC systems more powerful than what they sell as discrete
That's ridiculous.


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Standard User IranianGiraffe
(committed) Tue 11-Apr-17 10:30:47
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Re: GPU


[re: Chrysalis] [link to this post]
 
In reply to a post by Chrysalis:
I suspect AMD have a deal with the console vendors to make their SoC systems more powerful than what they sell as discrete which would explain why they not going into high end performance territory in the PC space. With that said tho I read rumours that the 500 series could hit gtx 1070 levels of performance for mid range price.


The 500 series is basically just a rebadge of the 400 series with slightly higher clock speed so expect around a 5-10% increase for a 580 over a 480 etc.

I'm not sure what you mean with AMD having a deal with console vendors to make their SoC systems more powerful that what they sell as discrete and that's why they are not going into high end performance in the PC space.

A 480 now is more powerful than what any current console can put out and TFLOPS wise is only a small amount lower than what the scorpio is down to do 5.8 vs 6 TFLOPS.
The AMD "Vega" cards expected next month from the leaked benchmarks beat a 1080 stats wise (obviously have to wait for one to be released before we can check games etc) but I would class that as going into high end performance.
Standard User Chrysalis
(legend) Tue 11-Apr-17 12:51:36
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Re: GPU


[re: mrnelster] [link to this post]
 
why?

If I was a console vendor I would probably ask for that.

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Standard User Chrysalis
(legend) Tue 11-Apr-17 13:00:35
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
Its fairly standard industry practice that if you giving a hardware supplier a ton of business that you dont want them to give their best stuff to competitors.

e.g. samsung have exclusivity on qualcomm's latest chip.

I am not saying AMD have got such a deal, its just my theory tied in with what I know goes on in the industry. AMD has a lot of their business from the console's, to them that's more important than the PC market.

Regarding the new vega stuff we will have to wait and see, in terms of TFLOPS amd seems to underpeform.

e.g. an amd 480 card is 5.8 tflops whilst a gtx 970 is 3.9 tflops yet has comparable performance.
My 1070 is 6.5 tflops but has a bigger gap to the 480 than the tflops numbers suggest.

The xbox scorpio is over 6 tflops but not using vega so it would still be the most powerful amd polaris system in the consumer space.

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Standard User astateoftrance
(fountain of knowledge) Tue 11-Apr-17 19:50:35
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Re: GPU


[re: Chrysalis] [link to this post]
 
My monitor is only 1080p and I will be keeping it for some time so that will be the max resolution... not sure what games but I would want to be playing any new ones that come out as well as older ones.
Standard User astateoftrance
(fountain of knowledge) Tue 11-Apr-17 20:04:57
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Re: GPU


[re: Chrysalis] [link to this post]
 
Here are a few I have been considering

Asus 470 4GB £158.28

Asus 480 4GB £168.91

Asus 470 8GB £173.33
Standard User mrnelster
(eat-sleep-adslguide) Tue 11-Apr-17 20:08:59
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Re: GPU


[re: Chrysalis] [link to this post]
 
In reply to a post by Chrysalis:
why?

If I was a console vendor I would probably ask for that.
Because it's not based on any sort of evidence, empirical or published.
Standard User Chrysalis
(legend) Wed 12-Apr-17 02:57:07
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Re: GPU


[re: astateoftrance] [link to this post]
 
out of those 3 the 480 4 gig.

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Standard User astateoftrance
(fountain of knowledge) Thu 13-Apr-17 18:49:24
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Re: GPU


[re: Chrysalis] [link to this post]
 
500 series launching on the 18th so I will leave it until then...depending on prices I will get a 570/580 or 470/480. As Giraffe said there won't be much difference in performance so price will be the deciding factor.
Standard User jorkila
(fountain of knowledge) Fri 14-Apr-17 12:50:56
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Re: GPU


[re: Chrysalis] [link to this post]
 
Still happy with your 1070? Considering an upgrade but not sure whether to go for a 1070 or 1080? Is the 1080 worth the extra £££?
Standard User Chrysalis
(legend) Sun 16-Apr-17 18:39:17
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Re: GPU


[re: jorkila] [link to this post]
 
the 1070 has been excellent for me.

If I remember correctly when the 1080ti got launched the 1080 was supposedly dropped in price but the 1070 was not. I havent bothered checking uk prices recently tho to see if that is what panned out.

If you get a 1070 or 1080 get either a palit or a zotac, they are both 2.5 slot cards with nice beefy coolers.

For what its worth I have yet to be bottlenecked by my GPU in any games I play at 1440p. I even am currently playing tales of berseria at 1440p with 4xSGSSAA (the latter is a very heavy demand on gpus).

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Standard User Chrysalis
(legend) Sun 16-Apr-17 18:41:13
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Re: GPU


[re: astateoftrance] [link to this post]
 
generally gpu grunt matters more than amount of vram, unless the vram is really low, but 4 gig is "not" really low. The price difference between the 470 and 480 you showed me is minuscule, hence the 480 recommendation.

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Standard User astateoftrance
(fountain of knowledge) Tue 18-Apr-17 21:24:10
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Re: GPU


[re: Chrysalis] [link to this post]
 
Thanks.

Well the 500 series is out and looking at the prices they are it makes more sense to me to either get a 1060 6GB with a free game (for honour/wildlands) for £214 or go lower budget and get a 1050 ti (£127). No really good deals on 470s and 480s like I was hoping.
Standard User Chrysalis
(legend) Thu 20-Apr-17 21:21:58
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Re: GPU


[re: astateoftrance] [link to this post]
 
sadly the uk market has been like this frown

when pascal got released the maxwell cards were jumped up in price to make pascal appear good value, pure price gouging by the uk retailers lately.

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Standard User astateoftrance
(fountain of knowledge) Fri 28-Apr-17 18:02:32
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Re: GPU


[re: Chrysalis] [link to this post]
 
Yeah it's a shame there weren't any good deals to be had. The best price I saw was back in March I think, about £150 for a 480 4gb, should have grabbed it then.

Anyway I decided to go for a 1050ti (EVGA SC) which I have just ordered, arriving tomorrow smile decided that would be fine as my cpu is only a i3 6100, if I really get into PC gaming again I can go for a i5 and better card down the line.
Standard User Chrysalis
(legend) Sun 30-Apr-17 16:36:41
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Re: GPU


[re: astateoftrance] [link to this post]
 
the ocuk boss, posted on his forum at the time that the increases were due to brexit impact on the exchange rate, and said cards already paid for (by ocuk to supplier) such as the 980ti stock would not be affected. Literally days after he posted the 980ti's were hiked up in price for no plausible reason other than gouging presumably due to a jump in orders, its sad but is what it is. frown

glad you made your choice, waiting wouldnt have achieved much I feel, given now how they keep previous gen cards priced high artificially anyway.

If you track the prices of gpu's on uk retailers excluding amazon, they can often be seen to be tweaked several times a week, which I doubt is anything to do with supply costs but more to do with maximising profit based on demand.

I just checked ocuk, my palit 1070 gamerock premium which I paid just over £400 for is still no cheaper, its currently £428, so waiting would have been pointless.

The 1050ti is £120 on ocuk. https://www.overclockers.co.uk/asus-geforce-gtx-1050...

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Edited by Chrysalis (Sun 30-Apr-17 16:39:32)

Standard User astateoftrance
(fountain of knowledge) Sun 30-Apr-17 18:50:11
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Re: GPU


[re: Chrysalis] [link to this post]
 
I went for the EVGA Superclocked version for £144, not sure if the extra clock speed is worth the extra cost or not, couldn't find out online. Anyway many of the cheaper versions weren't available for next day delivery and I wanted it for this weekend. Time will tell whether I will regret not spending more, I very nearly went for a 1060 6gb. It plays Wolfenstein great but then that's not the best test being a 3 year old game smile
Standard User Chrysalis
(legend) Wed 03-May-17 20:52:34
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Re: GPU


[re: astateoftrance] [link to this post]
 
not sure either, in theory all cards should reach similar speeds, the higher shipped clock just gives you the clocks in a easier way, , however it is possible the cards that are clocked higher and sold at a premium may have binned chips meaning they actually will clock higher due to been cherry picked.

Still a fair sized price jump from your £144 card to a £180 gtx 1060, so I wont say its a bad purchase, and end of the day if it works well on games you play then its a good purchase. smile

The good thing about evga is they have a step up program, so if you ever want to upgrade in future you can use that to upgrade.

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Standard User astateoftrance
(fountain of knowledge) Thu 04-May-17 21:59:16
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Re: GPU


[re: Chrysalis] [link to this post]
 
So far I'm happy and it's great to get back to playing some games on the PC smile If I had gone for a 1060 it would be a 6gb version which were starting at £214, so a even bigger increase.

Hadn't heard about EVGA step up so glad you mentioned that, seems it has to be within 90 days of purchased but thats still decent.
Standard User jorkila
(fountain of knowledge) Mon 08-May-17 08:17:07
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Re: GPU


[re: Chrysalis] [link to this post]
 
I went for the MSI Gaming X version based on reviews, should be here tomorrow laugh
Standard User jorkila
(fountain of knowledge) Wed 10-May-17 19:53:53
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Re: GPU


[re: jorkila] [link to this post]
 
Beautiful card, phased by nothing so far @1080p, will most likely upgrade to a 1440p monitor in the near future! In the meantime I'm going to put it on my 4k tv and see what it can do!
Standard User astateoftrance
(fountain of knowledge) Thu 11-May-17 20:26:22
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Re: GPU


[re: jorkila] [link to this post]
 
Very nice smile
Standard User IranianGiraffe
(committed) Thu 11-May-17 21:16:35
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Re: GPU


[re: astateoftrance] [link to this post]
 
I'm waiting on Vega before I build my new PC, I've got an ultra wide freesync monitor so need an AMD card as I'm not paying the premium that the relevant G-sync monitor costs along with the card. Vega cards should be at least around the 1080s which will do for a few years for me, Saying that I then need a water block for it as I'm going to custom water cool my PC so hopefully it won't take too long after Vega comes out for the water blocks to arrive.
Standard User astateoftrance
(fountain of knowledge) Sat 13-May-17 11:09:12
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
That makes sense.. be interested to hear what you go for when you build it smile
Standard User IranianGiraffe
(committed) Wed 05-Jul-17 13:23:01
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
Just out of interest here does anyone do GPU mining with their GPU?.
I see the reason why the 480s etc didn't come down in price was that all of the AMDs top cards were in demand for GPU mining and still are. (although that's likely to change very shortly)

The profit has fallen a fair bit recently but it's still pretty good, I've currently got 2x1080 and 1x 1080ti in my system but I get about £10 or so a day from them.

Currently got around £450 from them in under a month so even if the GPU mining dies out I can easily sell the cards off and end up in profit. (so if anyone wants a cheaper 1080 if GPU mining crashes let me know lol)
I work from home so my PC is nearly always on and even then it rarely uses the GPU so setting it up to mine while my PC is on anyway just gets me money for nothing.

If you have a half decent GPU tho it's definitely worth looking into as depending on what it is it could pay some costs back.
Standard User Chrysalis
(legend) Wed 05-Jul-17 15:00:10
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
mining generates cash? O_o

please provide tips thanks, I found this but not sure if its useful

http://www.coindesk.com/information/how-to-set-up-a-...

since my pc is on 24/7 I will accept free money.

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Edited by Chrysalis (Wed 05-Jul-17 15:02:10)

Standard User astateoftrance
(fountain of knowledge) Wed 05-Jul-17 22:08:57
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
Interesting, I knew there used to be money it mining bitcoin before but that it was not viable now from what I have read.

Have you deducted electric costs from that ?
Standard User IranianGiraffe
(committed) Wed 05-Jul-17 22:44:43
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Re: GPU


[re: Chrysalis] [link to this post]
 
By far and away the easiest way of making cash is via Nicehash but it's not the most profitable as your basically paying them for making it easy for you.

https://new.nicehash.com/profitability-calculator

That link gives a rough idea of the returns you can make with your card.

https://new.nicehash.com/cpu-gpu-mining

If you download the program from the link above and run the benchmarks it will work out what the best thing to mine for you is and automatically do it.

You just need to setup a bitcoin wallet from somewhere else (just google bitcoin wallet and it will bring up a load you can select from like coinbase/jaxx etc), Then put that wallets address in the wallet section of the program and away you go.

All cards mine different things at a different rate though so not all cards are worth doing and depending on your card you want to change the settings on it as well (my 1080 cards, for instance, I under power to 66% and bump the memory up.

Then when you've earned enough money for them to send it (think its around £18) they will send it to your bitcoin address and then you can sell the bitcoin for cold hard cash or keep it and sell it at a later date.

Regarding your link it's not worth mining Bitcoin with a GPU it would now take too long you are better off mining other coins/things (AMD cards with generally mine Ethereum for instance) like I said Nicehash make it easy for you and you basically mine the Ethereum and they will pay you in Bitcoin for it and because of that you won't earn as much as you could if you mined it yourself and then exchanged it for bitcoin and then sold it.

It maxes out your GPU tho so when running it you won't be able to play any games on it (browsing etc is fine) you also may want to check your temperature on card etc because of this. Like I said tho you can generally lower the power and increase the memory and it will run cooler and use less power than running it at 100%.

Personally my 1080 near my CPU gets to around 70c, 1080ti gets to 61c and the 1080 on the outside of my case around 55c. The 380x I did have tho used to hit 80c unless I bumped up the fan speeds.
Standard User IranianGiraffe
(committed) Wed 05-Jul-17 22:56:16
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Re: GPU


[re: astateoftrance] [link to this post]
 
Yeah Bitcoin is deffo not viable now GPU wise.

I have deducted electric costs from my profits.

Basically, at the moment I get around £12 a day from my 3 cards. Lowering the power on the cards my 1080 use around 125watts each and my 1080ti around 150 so 400 in total. At 14p kWh it's around £1.50 a day.

So at the moment I get just over £10 profit.

Using Nicehash tho they currently pay me around £10 a day then less the £1.50 for the cards but I mine it myself (which takes a while to setup but you get a better return as seen above)
Standard User Chrysalis
(legend) Thu 06-Jul-17 08:39:58
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
Seems all good to me just confusing tho because of all the variables, I will likely do the easy one you mentioned at least to start out with.

My concern tho is that you mention profits are dropping and there must be a reason for that is it because more people catch on the extra competition reduces profits? As I am considering the viability of buying new cards just for this.

I have a gtx 1070 which the link you provided estimates 100gbp a month profit which seems nice enough, at those profit levels it then makes sense to buy extra gpus as they will be paid for within half a year.

Consider you said this is a low profit now and that you used to get higher, it sounds like you were making a killing from this earlier.

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Standard User jorkila
(fountain of knowledge) Thu 06-Jul-17 15:50:41
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
Using ethminer I was seeing an average of 27Mh/s mining to Nanopool but was seeing that others were easily hitting 30Mh/s+ with a single 1070.
So I looked into it and found that claymore is better optimised for the 1070 and I'm now seeing 30Mh/s but for some reason it's now not registering on Nanopool frown

Know of any reason why?
Standard User jorkila
(fountain of knowledge) Thu 06-Jul-17 15:51:51
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Re: GPU


[re: jorkila] [link to this post]
 
Never mind, I literally submitted this post then refreshed the Nanopool page and all was showing, happy days!!
Standard User IranianGiraffe
(committed) Thu 06-Jul-17 16:04:18
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Re: GPU


[re: Chrysalis] [link to this post]
 
As you said a GTX 1070 in that link said £92.59 earnings in the past month (after electric costs)

BUT..... If you look at the 1 day the profit after electric is only £1.96 so x 30 = £58.98 That's going by yesterday's price so as you can see its' dropped a fair bit.

1 month ago you were looking at around double what it is now.

The profits drop for a number of reasons, The 2 easiest ways of describing why it may have gone down tho is 1) The value of the coins has dropped some, 2) The more people that mine a coin the higher the difficulty gets so it takes longer to mine.
The price of the coins has shot up the last few months and so there was bound to be some retraction in the market at least.

Regarding extra GPUs, As you've probably worked out I ended up purchasing some more myself to mine (pretty sure no one needs 2x 1080 and 1x 1080ti to play games on LOL, The way I look at it is if the market crashed and there was no point mining I would have to sell the cards and I've allowed myself to lose £100 on each card selling it 2nd hand (on eBay and forums the difference is closer to £50 than £100 so I was being conservative.

The thing you have to be wary of is a lot of people purchased the 480/580 cards as they were around £200-£280 each because you could get £4 a day on them at 1 point so basically the cards were paying for themselves after 2 months so you can see why there was no AMD cards available anywhere, Then people started having to move to other cards and the 1060 and 1070 were next as they also were cheaper with quicker returns, so if the market did crash there would be a lot of cards put on the market driving the price down (it happened a few years ago), What I've done is purchase the 1080 and 1080ti now as although they cost more and the returns to cost margin was lower if the market collapsed 1) There are fewer people mining with them so fewer people to drive price down just getting what they can for their cards and 2) People are always looking for a top end card.

Well I've more than got that back now but then like I said it was making more money before, I would be a lot more wary of doing it now.
Standard User IranianGiraffe
(committed) Thu 06-Jul-17 16:12:52
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Re: GPU


[re: jorkila] [link to this post]
 
LMAO

Always the way, Message about something not working and then seconds later boom it's working.
Claymore was deffo the better miner out there for Ethereum.

I see that Ethereum and Zcash are pretty much the same return at the moment for 1070s so hopefully, all the 1070 people will move over to that so I can mine my Zcash in peace lol.
Standard User jorkila
(fountain of knowledge) Thu 06-Jul-17 19:30:21
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
What pool are you using?
Standard User IranianGiraffe
(committed) Thu 06-Jul-17 19:46:22
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Re: GPU


[re: jorkila] [link to this post]
 
Depends on the coin TBH

Zcash.flypool.org , Ethermine.org , Suprnova.cc , to name a few
Standard User Chrysalis
(legend) Fri 07-Jul-17 18:24:14
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
so did a bit more reading.

so every so often the rewards are halved for bitcoins
in addition every so often the mining is made harder as well

So this explains why rewards are getting lower, presumably this will hit a point when it crashes, when people deem not profitable enough so sell their kit.

Then at some point in future it kicks off again with a boom period, me a jorky getting in towards end of current boom period?

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Standard User jorkila
(fountain of knowledge) Sat 08-Jul-17 11:22:56
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Re: GPU


[re: Chrysalis] [link to this post]
 
You get setup?
Standard User IranianGiraffe
(committed) Sat 08-Jul-17 12:22:43
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Re: GPU


[re: Chrysalis] [link to this post]
 
Not sure what you mean about rewards are halved for Bitcoin.
(you are not mining Bitcoin anyway so only the price of Bitcoin should affect you).

As I said before the difficulty of the mining is made harder when it gets mined more (it also is made easier when fewer people mine it).

The difficulty and the price are the main things that will affect the profitability of mining.

This is definitely the tail end of a boom period, There is still money to be made but it's not as much as it was, People are still scrambling to buy Nvidia cards and they are going out of stock in a lot of places now so rigs are still being built.
All these extra people are going to bring the profits down to nowt IMO, The only saving grace at the moment is a lot of people just use Nicehash so tend to be limited to the big few like Ethereum, Zcash etc some of the most profitable ones are the smaller coins if you can mine them yourself and sell them before the difficulty gets too high.
Skein had an enormous profit a few weeks/month ago but a lot of people caught on and the profits went right down.

A fair bit of the profit going down is due to the price of Ethereum and Zcash as well , a month or so ago they were close to $400 each after a massive boom of their prices, It's since gone to close to half that, So mining 1 of them is worth close to half what it was a month ago.

Edited by IranianGiraffe (Sat 08-Jul-17 12:29:05)

Standard User Lt_Swan
(eat-sleep-adslguide) Sat 08-Jul-17 14:32:11
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Re: GPU


[re: jorkila] [link to this post]
 
Is this the Manic Miners thread?

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Standard User MrTAToad2
(eat-sleep-adslguide) Sat 08-Jul-17 15:02:13
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Re: GPU


[re: Lt_Swan] [link to this post]
 
Didn't really like that sort of game...

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Standard User astateoftrance
(fountain of knowledge) Sat 08-Jul-17 18:02:14
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
Shame I didn't know about this before when building my PC, I could have gone higher end if I knew I could essentially pay for it by mining. Feels like it's too late to get in on it now frown
Standard User Chrysalis
(legend) Sun 09-Jul-17 17:40:02
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
what is "some of the smaller coins" ? smile

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Standard User Chrysalis
(legend) Sun 09-Jul-17 17:40:47
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Re: GPU


[re: jorkila] [link to this post]
 
not yet no, and now my broadband is down so will probably wait for that to be fixed.

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Standard User IranianGiraffe
(committed) Sun 09-Jul-17 18:59:53
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Re: GPU


[re: Chrysalis] [link to this post]
 
Monacoin, Diamond, Skein, Feathercoin, Sibcoin to name just a few.
Standard User Chrysalis
(legend) Mon 21-Aug-17 06:36:35
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
still not got round to it, ideally I need to know simply the one you use instead of giving me a list. AsI assume you using the most profitable. If its like hash cracking then I will cap my card to 50% TDP limit, as I found is 90% performance for lot less heat and power.

Interesting data here

http://wccftech.com/ethereum-mining-gpu-performance-...

Seems gddr5x is slower than gddr5 for crypto performance.

My 1070 only a bit slower than the new rx vega 64 which is impressive.

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Standard User Chrysalis
(legend) Mon 21-Aug-17 06:47:36
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Re: GPU


[re: jorkila] [link to this post]
 
mate am really lost here.

found this site, but it doesnt say how to register an account

https://ethermine.org/

Can you do a step by step for dummies like me?

How to sign up
What software to use
What boxes to tick in software, configuring etc.
How to get paid etc.

Thanks

currently downloading mist browser which it says is needed to register on exchange and its downloading blocks at a very slow speed, I may check back in at christmas when its done wink

Hopefully you can help me, and I will check back to see if is a guide thanks smile

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Edited by Chrysalis (Mon 21-Aug-17 07:02:52)

Standard User Chrysalis
(legend) Mon 21-Aug-17 07:39:28
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Re: GPU


[re: Chrysalis] [link to this post]
 
followed this reddit guide.

https://www.reddit.com/r/EtherMining/comments/6hkfp0...

But when I run the start batch file, it just quits, nothing working the gpu.

ok I had to exclude the exe in HMPA and it starts.

With my GPU at 50% power limit I am hitting 28Mh/s , gpu temps at high 40s, lower than when I was hash cracking with it.

The first startup made pc laggy so I added -ethi 0 switch to batch file and that issue is fixed.

So I am using a online wallet which I hope is ok, didnt really register on an exchange I just followed that reddit guide. So I still have no idea what to do with the stuff I mine when it gets deposited.

Sky Fibre Pro BQM - IPv4 BQM - IPv6

Edited by Chrysalis (Mon 21-Aug-17 07:58:47)

Standard User Chrysalis
(legend) Mon 21-Aug-17 10:38:09
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Re: GPU


[re: jorkila] [link to this post]
 
how long should it take?

I been running now for an hour or 2.

Accepting shares in command log, rejected always 0 so all seems good.

Except if I check on the nanopool website all i see is 0's for all the stats.

ok its updating now, and has data since 8am.

Its looking like I am averaging about 30 Mh/s for about 70 watts power draw (got data from UPS for power draw), Estimated earnings for month 70usd for one gtx 1070 at throttled power usage, seems not bad.

I am sitting here thinking now knowing its going to get harder, but also that I can resell hardware I buy for mining with maybe 10-20% loss or so when selling it. So the earnings would just need to cover that loss and rest be profit. So now find myself analysing the value in pumping up my compute power.

Sky Fibre Pro BQM - IPv4 BQM - IPv6

Edited by Chrysalis (Mon 21-Aug-17 11:30:31)

Standard User jorkila
(fountain of knowledge) Mon 21-Aug-17 12:07:28
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Re: GPU


[re: Chrysalis] [link to this post]
 
You should be able to get in the low 30's with your 1070, I have +400 on my memory an 50% power and hitting 31-32 MH/s.

Ethereum is in a good place at the minute but you need to mine 24/7 to make any money with one card so if you plan on gaming it's a waste of time and money really!!!

I send the Eth from my wallet to gdax.com then convert to bitcoin and sell at bittylicious.
I'm currently getting about £12 a week from it.

Edited by jorkila (Mon 21-Aug-17 12:09:53)

Standard User Chrysalis
(legend) Mon 21-Aug-17 17:31:51
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Re: GPU


[re: jorkila] [link to this post]
 
I game but nowhere near 24/7. In the past month e.g. my PC has done no gaming, so if the next month is the same it will be 24/7 mining.

I am considering buying another 1070 to put in my other machine, as the finances shouldnt assume you have to pay back the full value of the card, as much of that value is reclaimed when selling the card.

1080s are better bang for buck for gaming, but gddr5x seems to heart mining, making the 1070 better than a 1080, I assume a 1080ti beats a 1070 tho.

My memory is overclocked already, I also am not bothered if I get 30 instead of 32, its tiny. The 6 hour reading has now settled at about 28. Most reading I have done considers 30 respectable for a 1070 card, I have this card at 50% power limit, clock speed is around 1700mhz whilst mining on the gpu.

Thanks for the extra info on how you convert to cash.

Are you also using an online wallet? Is information claiming its high risk.

Sky Fibre Pro BQM - IPv4 BQM - IPv6

Edited by Chrysalis (Mon 21-Aug-17 17:35:31)

Standard User jorkila
(fountain of knowledge) Mon 21-Aug-17 20:15:26
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Re: GPU


[re: Chrysalis] [link to this post]
 
Yeah I use Mist.
Standard User Chrysalis
(legend) Mon 21-Aug-17 20:31:26
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Re: GPU


[re: jorkila] [link to this post]
 
mist is offline as far as I know, the reason it was taking up so long is it apparently downloads 40+ gig of data so I aborted it.

I guess you followed a different guide then. smile

Standard User IranianGiraffe
(committed) Mon 21-Aug-17 22:31:06
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Re: GPU


[re: Chrysalis] [link to this post]
 
The 1080 are bad for mining some things but they are decent for others, The return on investment between a 1070 and 1080 is pretty much exactly the same if you mine the most profitable coin for each card at the time.
I've got 3 1080 and 2 1080ti and they've almost paid off 2 1080 in the 2 months I've been doing it.
1080 returns more than a 1070 but costs more but like I said the ROI ends up being almost the same, The 1080ti beats them both easily but again costs a fair bit more but again mines a fair bit more. Personally If/when I add to the mining cards I'll get more 1080ti as the ROI is almost the same and the best cards hold their prices better I've found.
Standard User Chrysalis
(legend) Tue 22-Aug-17 00:29:57
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
Which coin you use for the 1080 and your ti's?

Also you still making £10 a day as compared to my projected revenue that seems huge. There seems more to this than just blindly mining etherium as your profit per card is like 3x my projected revenue.

I dont recall if jorkilla even mentioned his profits.

nanopool for 29.6 hashrate projected me 65usd for the month.

I guess you hesitant to give specific info as it will harm your profits if we all copy you.

Per day I am projected about £1.50 depending on exchange rates, for 1 1070, does that seem low to you?

I also been experimenting with what affects hashrate.

Interesting ramping the power up past 50% to allow higher clocks not only has low efficiency but it actually has close to zero gain. At 50% power with minimal intensity I get 27Mh, at 100% power its only about 0.3Mh higher.
Overclocking memory further has a visible impact, an extra 100mhz memory clock adds about 1.2Mh
Adjusting the intensity value in Claymore has a large impact, but this also affects useability of PC (assuming you using the mining GPU for desktop as well). Default setting is 8 and PC lags very badly, setting to 0 drops gpu utilisation to 90%, no PC lag, but lose about 6Mh, setting to 4 has regains 5Mh but PC is noticebly less laggy but still laggy, setting to 2 has gpu utilisation at around 97% so tiny headroom, but is enough headroom to have no lag, regains 3Mh over 0. Not tested setting 3 yet.

Standard User jorkila
(fountain of knowledge) Tue 22-Aug-17 07:48:33
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Re: GPU


[re: Chrysalis] [link to this post]
 
I don't use claymore purely because the dev takes a cut of your coin and I don't dual mine mate, I'm using ethminer instead.
Standard User Chrysalis
(legend) Tue 22-Aug-17 08:18:07
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Re: GPU


[re: jorkila] [link to this post]
 
I can live with a 1% cut smile

how much you made in past month? GBP wise.

Standard User IranianGiraffe
(committed) Tue 22-Aug-17 10:34:15
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Re: GPU


[re: Chrysalis] [link to this post]
 
I have never mined Etherium with my 1080/1080ti's due to the memory both use it's nowhere near the top of the list profit wise (1080 is around 24hash and a 1080ti around 35 for Ethereum).
With the later AMD cards getting back their speed from new firmware to sort the DAG issue then the difficulty is only going to rise more for Etherium as they are mainly 1 trick pony cards so the return is only going to get lower unless Etherium goes up in price a fair bit (which has gone up around 50% in the last month it;s still $100 down on where it was a few months ago)

I've actually got around £550 the last month although around 20% of that was due to the Bitcoin price as I was holding onto mine as Bitcoin seemed low to me as the market was just correcting itself after the gain. I personally feel Bitcoin is again too high after a massive gain and new record high in the last month so again it's going to correct itself so have sold it all off for now.

I deffo get more than £10 a day (total) from my 5 cards at the moment (averaging around £14-15 without electric costs or £11.50-12.50 with them.
So £1.50 from a 1070 doesn't sound bad.

Power wise my cards work best with around 66% for the 1080 and 75% for the ti's any more than that and I don't feel its worth the boost from the extra heat and stress it puts on the card to keep it cool etc.

I honestly couldn't tell you what coin I'm mining at the time as it can change so often, Until recently tho it was best to mine the newer SIGT coin by far and for a few weeks I was averaging around £15 a day AFTER electric costs were taken off.
The NVIDIA cards are much better for mining IMO as you can mine so many coins with them, All the cards scale up well mining wise as well on most of them, looking at a 1070,1080,1080ti they all have around the same time to break even as each other (around 7 days difference max) so I have no idea why almost everyone got 1070rigs etc as when it comes to selling them off there are going to be soooooooo many 1070 cards on the market, If you started off with a 1070 fair enough but with the ROI being around the same time on all the cards to go with the cheaper option that everyone has purchased (and driven price up on seems daft at the selling off point), Personally I'd rather have a 1080ti to sell off even if it took 7 days longer to break even, At that point I've got a card worth almost twice as much and a top of the range card to sell to gamers and not an average one.

Like I said there are so many coins to mine tho, Ethereum isn't on the 1080 or 1080ti radar at all, to name a few that are currently better.

SIGT
ChainCoin
Skein
Zcash,Zencash (pretty much all the Equihash based coins)
Monacoin
Feathercoin
VertCoin
LBRY
Musicoin

Hell even Monero after the massive price increase after being listed on new exchange

For a 1070 tho it's very different only Zencash and Zcash and SIGN are currently better so it really depends on the card. For me tho I want a card that can do as many coins decently tho as possible so it still makes a nice profit if I have to change to another coin when the difficutly goes up (so coin return goes down).

Saying that the Monero almost price double means that it's way more valuable to mine Monero than Ethereum on AMD cards at the moment so if the AMD guys start mining Monero like they should then Ethereum difficulty could actually drop and help out the 1070 mining Ethereum.

Edited by IranianGiraffe (Tue 22-Aug-17 11:44:07)

Standard User jorkila
(fountain of knowledge) Tue 22-Aug-17 10:40:17
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Re: GPU


[re: Chrysalis] [link to this post]
 
I mined for around a month during the dip and then stopped but I'm currently getting between £12-£13 after selling costs.
Standard User Chrysalis
(legend) Tue 22-Aug-17 16:15:37
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
I dont thin miners are buying much 1070s, the pricing for 1070s has been as low as I have ever seen it indicating demand has dropped off, 1060s are whats currently been flouted around, it seems they actually weirdly flocking for rx vega's which makes no sense to me, but looking at whats selling out that seems to be the pattern.

Glad you gave a bit more info this time round on the coincs, still vague tho wink

I think it sounds like you constantly moving from one coin to another which is why maybe you dont to name the coin you mining on your 1080s right now, not sure if I am going to bother sitting working out regurly which could beat euthorium I rather just set and forget it, but will probably look at it some more over the next few weeks, to see if anything beats euthorium on 1060s and 1070s.

I think the real point when pascal resale values drop is when volta launches.

£550 for 3 cards seems fairy tale land on euthorium for july exchange rates, so still seems something you not revealing. Nanopool is estimating 64usd for the month on my 1070, 3 1070s would make that about 180-200usd, nowhere near the levels you mentioned, and this is with the 50% hike in euthorium value.

Or was that £550 including previously mined coins you was hoarding?

Ahh so you have 5 not 3 cards, makes bit more sense now.

Can you list the card, the coin and earnings per day ? for say last 5 days?

When I google this stuff people just say everything else sucks compared to ethorium including zcash but I think they not sharing as they dont want sheep ruining what they doing.

Edited by Chrysalis (Tue 22-Aug-17 16:16:42)

Standard User Chrysalis
(legend) Tue 22-Aug-17 16:16:26
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Re: GPU


[re: jorkila] [link to this post]
 
seems very low for a month mate.

Standard User jorkila
(fountain of knowledge) Tue 22-Aug-17 18:07:03
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Re: GPU


[re: Chrysalis] [link to this post]
 
lol that's a week laugh
Standard User IranianGiraffe
(committed) Tue 22-Aug-17 18:58:29
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Re: GPU


[re: Chrysalis] [link to this post]
 
Up until last week nearly everywhere in UK was OOS on 1070 due to the mining and even now a lot of places are out of stock on a lot of them apart from the expensive versions that are like £450 each.

If you go to somewhere like whattomine.com and select your card it will give you a basic idea of whats the most profitable to mine although it is never completely up to date so the figures will never be 100% correct if you select current profit and difficulty.
setting it to the last 7 days on a 1070 tells me that it was better to mine Zclassic than Ethereum (which was 2nd highest).

I honestly can't tell you which coin I mine as it changes quite regularly but I can say that for the majority of the last month it was SIGT and then the rest of the time it would have been all the coins I mentioned before.

Like I said it wasn't £550 for Etherium I have never mined that with my cards, It was a mixture of the coins I mentioned and I got about another £100 from the rise in value of Bitcoin that I was holding. So basically I got about £450 from coins I mined and sold and £100 for the rise of bitcoin on the amount I was holding.

The prices of the cards will drop when Volta launches but they are not out for a while and even then the previous ti cards hold their prices fairly well.

I can't really give you a proper breakdown of the amounts for sure each card earns as they are in 2 rigs going to 1 wallet BUT.........

I currently have 0.0193 Bitcoin in the exchange from selling coins the last 4 days and Bitcoin is currently £3081 so that's around £59.50 in 4 days. ( so around £15 a day although electric costs come to around £2.50 a day so it's around £12.50 a day profit)

Depending on the coin being mined the performance of the cards can be different and so the returns different but I'll give you a few examples

Any Equihash-- (Zcash etc) 1080 does around 500Mh the 1080ti does 700Mh so the 1080ti is 40% better at mining than the 1080 for that. (costs around 30% more),

SIGT-- 1070 does 25Mh , the 1080 does 33Mh and the 1080ti around 47Mh so the 1080ti is 88% better than the 1070 and 42% better than the 1080 at mining SIGT.

LBRY-- 1070 does 270Mh a 1080 360Mh and a 1080ti 470Mh so the 1080ti is 74% better than the 1070 and 30% better than a 1080 for mining LBRY.

The 1080ti costs around 85% more than a 1070 and around 30% more than a 1080 and as you can see for the examples about it can be better or a little worse on the ROI. The difference is at the end of it when youve got the money back you have a 1080ti card to sell if you want rather than a 1070 etc.
Standard User Chrysalis
(legend) Tue 22-Aug-17 21:01:59
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
whattomine is excellent, thanks for this information.

The issue is how do you get by the minimum cash out problem?

Jorkila says he made £15 in a week, I dont know if he is still using nanopool, but on my nanopool account I cannot cash out such a small amount.

You said you dont mine into a pool, does that also give you more flexibility in that you can basically cash out anything you mined when you want?

I can see on the 1070 etherium is not the best but the best is not much better, maybe 10-15%. the 1080ti is weaker for mining eth than the 1070 but the other coins have a much bigger jump on the 1080ti I assume able to use its hardware better.

Best coin for 1070 is $2.53 revenue
Best coin for 1080 is $2.95 revenue
Best coin for 1080ti is $3.84 revenue

guys if you want to view my stats on nanopool then look at https://eth.nanopool.org/account/0xa40744655e0cb77ea...

Hopefully jorkilla you share yours also £15 seems high for a week, if you are actually using nanopool you must be getting an impressive hash rate.

Edited by Chrysalis (Tue 22-Aug-17 21:03:13)

Standard User IranianGiraffe
(committed) Tue 22-Aug-17 21:54:44
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Re: GPU


[re: Chrysalis] [link to this post]
 
I mine into pools, I just don't mine Ethereum.

I use Suprnova.cc 90% of the time and when setup you can decide the payout amount for each coin (although you pay a small amount of coin as fee each time)

The 1080ti is just simply more powerful with higher clock speeds etc and so can mine faster because of it.

The amounts will always be changing on the cards/coins per day but the 1080ti will always be above the 1070/1080 because it just mines faster.

I don't have a minimum cash out issue because I can set it to what I want at suprnova but even if I couldn't with the 5 cards it only takes a day to mine 0.05 Zcash etc and that's well over any minimums I've seen.
The other coins are worth a lot less and as such you can mine a fair few, Skein and SIGT, for instance, I set the minimum to 50 of each as I mine them quickly.
Standard User jorkila
(fountain of knowledge) Tue 22-Aug-17 23:48:52
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Re: GPU


[re: Chrysalis] [link to this post]
 
I'm using Nanopool and actually said that I get around £12 a week mate @31Mh/s.

I have my minimum payout set to .05 which you can change in settings on the website.

https://eth.nanopool.org/account/0xbf0ef370769523fd1... I have stopped it for a few minutes a few times today though.
Standard User Chrysalis
(legend) Wed 23-Aug-17 03:04:13
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Re: GPU


[re: jorkila] [link to this post]
 
ok

by the way regarding claymore, analysing how he takes his fee it can murder your rates.

It switches to devfee mode every so often, and because you can get shares in clusters, hence my wavy graph, if it goes into devfee mode on a fast share surge the mining rate will get murdered for that period of time.

Also I compared the affect of enabling the -nofee flag (disables the fees at some optimsiation reduction)
During this testing eth and sia dual mining and eth on max intensity.

I was with the devfee mode enabled getting about 30.2 eth and 600 sia
Just turned it off, and eth is hit a little about 29 but sia much more in terms of % down to about 570

After spending some time dual mining I think it isnt worth it, all the altcoins on claymore have no signs of rising value, nanopool estimates is about 8usd for the month if I maintain 600Mh on it.

However to keep eth at 30 or higher whilst mining sia takes some doing, as you know I previously had lowered eth intensity so PC is useable and also helps keep power draw down, I had to raise intensity to 8 otherwise raising sia intensity to hit 600 murders eth hash rates, at 30/600 rates my power draw is 110 watts instead of 70 watts, PC is very laggy and card is running 7C hotter, all for maybe 3-4 usd profit per month. Since eth projected rates go down slightly even in this config and is extra power costs.

It was an experiment but will go back to single coin mining, and now going to try ethminer and Genoil which seems to be rated quite well.

I also observed when you first start claymore, the share rate is great for 15-30 mins then stays lower for hours.

Edited by Chrysalis (Wed 23-Aug-17 03:05:08)

Standard User Chrysalis
(legend) Wed 23-Aug-17 03:07:57
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Re: GPU


[re: Chrysalis] [link to this post]
 
see this, 6 shares in 12 mins after starting up, all the spikes on my graph are from when claymore first starts.

Can see also 2 shares 22 secs apart.

GPU0 t=59C fan=54%
ETH: 08/23/17-03:05:20 - SHARE FOUND - (GPU 0)
ETH: Share accepted (47 ms)!
ETH: 08/23/17-03:05:35 - New job from eth-eu1.nanopool.org:9999
ETH - Total Speed: 28.840 Mh/s, Total Shares: 6, Rejected: 0, Time: 00:12
ETH: GPU0 28.840 Mh/s
SC - Total Speed: 576.809 Mh/s, Total Shares: 5, Rejected: 0
SC: GPU0 576.809 Mh/s
GPU0 t=59C fan=54%
ETH: 08/23/17-03:05:42 - SHARE FOUND - (GPU 0)
ETH: Share accepted (47 ms)!


Edited by Chrysalis (Wed 23-Aug-17 03:10:33)

Standard User Chrysalis
(legend) Wed 23-Aug-17 03:24:36
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Re: GPU


[re: Chrysalis] [link to this post]
 
after another startup 3 shares in quick succession, I need to get this automated shutdown and restart every 10-15 mins in task scheduler.

Setting DAG epoch #139 for GPU0 done
ETH: 08/23/17-03:22:30 - SHARE FOUND - (GPU 0)
ETH: Share accepted (32 ms)!
ETH: 08/23/17-03:22:37 - New job from eth-eu1.nanopool.org:9999
ETH - Total Speed: 27.672 Mh/s, Total Shares: 1, Rejected: 0, Time: 00:00
ETH: GPU0 27.672 Mh/s
GPU0 t=55C fan=50%
ETH: 08/23/17-03:22:59 - New job from eth-eu1.nanopool.org:9999
ETH - Total Speed: 27.187 Mh/s, Total Shares: 1, Rejected: 0, Time: 00:00
ETH: GPU0 27.187 Mh/s
ETH: 08/23/17-03:23:11 - SHARE FOUND - (GPU 0)
ETH: Share accepted (31 ms)!
GPU0 t=57C fan=51%
ETH: 08/23/17-03:23:26 - SHARE FOUND - (GPU 0)
ETH: Share accepted (31 ms)!


Standard User jorkila
(fountain of knowledge) Wed 23-Aug-17 07:34:14
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Re: GPU


[re: Chrysalis] [link to this post]
 
What are you running your memory at?
Standard User Chrysalis
(legend) Wed 23-Aug-17 21:03:06
Print Post

Re: GPU


[re: jorkila] [link to this post]
 
4452 is whats reported in msi. Not sure yet if I am willing to push it higher on this card.

I am giving you that instead of just saying +400 because my memory is also factory overclocked by palit, so the actual overclock over stock is more than 400.

Standard User jorkila
(fountain of knowledge) Wed 23-Aug-17 21:16:27
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Re: GPU


[re: Chrysalis] [link to this post]
 
+400 gives me 4404 with no issues.
Standard User mrnelster
(eat-sleep-adslguide) Wed 23-Aug-17 21:16:47
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Re: GPU


[re: jorkila] [link to this post]
 
All this rigamarole sounds like hard work for those profits. I wonder if most of the people who do it now aren't the ones paying the electric bill.... crazy
Standard User mrnelster
(eat-sleep-adslguide) Wed 23-Aug-17 21:19:59
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
In reply to a post by Chrysalis:
after another startup 3 shares in quick succession, I need to get this automated shutdown and restart every 10-15 mins in task scheduler.

Setting DAG epoch #139 for GPU0 done
ETH: 08/23/17-03:22:30 - SHARE FOUND - (GPU 0)
ETH: Share accepted (32 ms)!
ETH: 08/23/17-03:22:37 - New job from eth-eu1.nanopool.org:9999
ETH - Total Speed: 27.672 Mh/s, Total Shares: 1, Rejected: 0, Time: 00:00
ETH: GPU0 27.672 Mh/s
GPU0 t=55C fan=50%
ETH: 08/23/17-03:22:59 - New job from eth-eu1.nanopool.org:9999
ETH - Total Speed: 27.187 Mh/s, Total Shares: 1, Rejected: 0, Time: 00:00
ETH: GPU0 27.187 Mh/s
ETH: 08/23/17-03:23:11 - SHARE FOUND - (GPU 0)
ETH: Share accepted (31 ms)!
GPU0 t=57C fan=51%
ETH: 08/23/17-03:23:26 - SHARE FOUND - (GPU 0)
ETH: Share accepted (31 ms)!
Right about now, I'm thinking scratch cards sound like much less hassle, and much more excitement.
Standard User mrnelster
(eat-sleep-adslguide) Wed 23-Aug-17 21:51:01
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Re: GPU


[re: mrnelster] [link to this post]
 
Fuckaduck!!!
Standard User jorkila
(fountain of knowledge) Wed 23-Aug-17 22:23:12
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Re: GPU


[re: mrnelster] [link to this post]
 
Somewhere between £8-£9 profit a week for a single card isn't too much hassle laugh
Standard User mrnelster
(eat-sleep-adslguide) Thu 24-Aug-17 06:52:29
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Re: GPU


[re: jorkila] [link to this post]
 
Just as long as the electric bill isn't 1,000,000 Euros a month.... crazy

It's a numbers game at the end of the day, so I doubt he needs the hash rate to be particularly high with ten thousand cards!
Standard User mrnelster
(eat-sleep-adslguide) Thu 24-Aug-17 08:08:06
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Re: GPU


[re: jorkila] [link to this post]
 
So if you spent, say 5k on a 10 card rig, you could make 4-5k a year without too much of a problem?
Standard User jorkila
(fountain of knowledge) Thu 24-Aug-17 08:16:28
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
As long as the value of the coins remain then yes mate, obviously you'd spend that first year recouping the cost of the rig!
Standard User IranianGiraffe
(committed) Thu 24-Aug-17 16:07:25
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Re: GPU


[re: mrnelster] [link to this post]
 
At current prices yes, That's the reason why people are mining, At the moment you get your return back within a year and then you've basically got a free card. (4 months or so ago the ROI on an AMD 480 was just 3 months and that's the reason why they were OOS everywhere and going for silly money)

The profit has been constantly going down tho (although it's slowing down now) but if the prices stayed the same then you would get back what you put in by a year easily.

If you manage to mine the right coin at the right time you can make the money back much quicker.
Standard User mrnelster
(eat-sleep-adslguide) Fri 25-Aug-17 15:49:08
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Re: GPU


[re: jorkila] [link to this post]
 
Might give it a go instead of selling the remnants of my rig. Could stick the 380 in there until I see what the crack is. I know the 380 won't be very profitable, but as I own it already...
Standard User mrnelster
(eat-sleep-adslguide) Fri 25-Aug-17 15:51:16
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
Thanks.

I'll give you an honourable mention when I become an Etherwhatsit millionaire. grin
Standard User IranianGiraffe
(committed) Fri 25-Aug-17 18:25:29
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
LOL thanks.

Your right with a 380 not being the most profitable card but mining it at the moment clears around 75p a day with Monero coin or 50p a day with Ethereum (if both on the full 24hrs) so it's a decent return on an order card. (I've got a 380DD sat in my drawer I'm unable to use because the 1080 and 1080ti take up all my pci-e power leads, talk about 1st world problems)
Standard User astateoftrance
(fountain of knowledge) Fri 25-Aug-17 18:32:49
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Re: GPU


[re: mrnelster] [link to this post]
 
Feel like I am missing out on some easy money here! If I had known about this when building my rig last year I could have gone for a higher end GPU and made back that difference quite easily it seems. Bet if I upgraded now the market would crash tongue
Standard User mrnelster
(eat-sleep-adslguide) Fri 25-Aug-17 18:34:29
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Re: GPU


[re: astateoftrance] [link to this post]
 
Don't upgrade just yet then. I want to earn a few quid before you wreck the place.... grin
Standard User astateoftrance
(fountain of knowledge) Fri 25-Aug-17 20:26:30
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Re: GPU


[re: mrnelster] [link to this post]
 
Too late mate got 8 1080ti's on the way grin
Standard User Lt_Swan
(eat-sleep-adslguide) Fri 25-Aug-17 20:42:04
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Re: GPU


[re: mrnelster] [link to this post]
 
How much would a GTX 980 earn??

Life..... It's just a game
Swanny
cool
Standard User mrnelster
(eat-sleep-adslguide) Fri 25-Aug-17 23:40:16
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Re: GPU


[re: Lt_Swan] [link to this post]
 
http://mininghwcomparison.com/list/index.php?brand=n...
Standard User mrnelster
(eat-sleep-adslguide) Fri 25-Aug-17 23:42:05
Print Post

Re: GPU


[re: astateoftrance] [link to this post]
 
In reply to a post by astateoftrance:
Too late mate got 8 1080ti's on the way grin
Pffft! Lightweight.... tongue
Standard User Chrysalis
(legend) Sat 26-Aug-17 08:11:02
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
edited - wrong info

Edited by Chrysalis (Sat 26-Aug-17 08:12:07)

Standard User Lt_Swan
(eat-sleep-adslguide) Sat 26-Aug-17 10:19:54
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
MSI GTX 980 1328 7010 Ubuntu 14.04 Cuda 364.15 Ethereum 22Mhs

I have no idea what that means :/

Life..... It's just a game
Swanny
cool
Standard User mrnelster
(eat-sleep-adslguide) Sat 26-Aug-17 14:38:51
Print Post

Re: GPU


[re: Lt_Swan] [link to this post]
 
Haha! Me neither to be honest. smile
Standard User IranianGiraffe
(committed) Sat 26-Aug-17 14:39:52
Print Post

Re: GPU


[re: Lt_Swan] [link to this post]
 
Basically the speed you can expect is 22Mh mining Ethereum which is around the same profit as a 380 currently.
Standard User IranianGiraffe
(committed) Sat 26-Aug-17 14:42:37
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
Monero and Zcash have flown up in price in the last 24hrs.

Monero gone from $50 to $145 in under a week, ($50 last 24hrs). Zcash up $50 last 24hrs as well.

Monero mining with a 380 is worth around £1.20 a day at the moment which is crazy.

Edited by IranianGiraffe (Sat 26-Aug-17 15:05:44)

Standard User Chrysalis
(legend) Sat 26-Aug-17 16:34:33
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
yeah think I am gonna switch to zcash after I hit my ethereum min payout which is soon.

Problem is you cannot cashout until you hit minimum so can miss spikes.

Edited by Chrysalis (Sat 26-Aug-17 16:34:47)

Standard User Chrysalis
(legend) Wed 30-Aug-17 03:07:45
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
seems ethereum has almost same value as june now smile

I find myself hoarding my coins waiting for more profit instead of selling hmm. This is where I think the real money can be made, as like with normal trading, what gpu mining allows tho is to provide funds for trading without direct cash injection.

Those who had lots of ethereum last year I bet have made a killing with the current value.

Edited by Chrysalis (Wed 30-Aug-17 03:10:36)

Standard User Chrysalis
(legend) Wed 30-Aug-17 21:37:41
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Re: GPU


[re: Chrysalis] [link to this post]
 
just sold some at 425 USD valuation, 15 mins prior was valued at 343 USD. Etherium spikes a lot and pretty easy to take advantage of it.

Standard User mrnelster
(eat-sleep-adslguide) Wed 30-Aug-17 22:02:23
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
How did you make 343 so quickly, or have I wrongly assumed you'd only just started mining over the last few weeks?
Standard User IranianGiraffe
(committed) Wed 30-Aug-17 23:20:15
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
I think what he was saying is Ethereum was valued at $343 each and he sold part of some (when you mine the bigger more valuable coins you don't mine a whole coin in one go it will be a really small amount like 0.0004 etc) so I'm guessing he sold say 0.05 of Ethereum at $425 value so $21.45 when 15mins earlier the same amount was worth $17.15.

I hope that makes sense.
Standard User Chrysalis
(legend) Thu 31-Aug-17 11:32:47
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
I now have 3 gpus chugging away, brought another couple as an investment.

but yeah I didnt sell a entire eth, was 0.1 eth as an experiment as my first transaction.

I am also considering buying coins directly just for trading purposes as well. Lots of money to be made here on trading activities.

Standard User mrnelster
(eat-sleep-adslguide) Thu 31-Aug-17 20:16:32
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
Ah, that's much clearer thanks. smile
Standard User mrnelster
(eat-sleep-adslguide) Thu 31-Aug-17 20:23:34
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
What GPUs did you manage to buy?
Standard User Chrysalis
(legend) Thu 31-Aug-17 20:45:44
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
I brought a couple of 1070 zotac minis. I will likely sell them before volta hits whilst they have high resale value.

I figured that ethereum (and other coins) could crash at any given time so its best to maximise monthly revenue whilst its possible.

I didnt go with 1080tis because I felt the extra mining capability was less than the extra capital outlay for each card, and also that it was above what I was willing to spend, AMD cards at the time I got the 1070s very badly priced. Although the new rx vega 56s may have now changed that now as they are priced reasonably.

The issue with the 56s is of course the much higher power draw, meaning more PSU power will be needed adding to capital outlay. Although an extra £30 or so on a PSU vs PSU needed for 2 1070s probably is offset by extra profits on the 56s, not the same as the 1080ti calculations with an extra £330 per card.

Note you can flash a 64 bios on a 56 to make the HBM2 performance match, so if you thinking of buying some gpus the 56s look a good bet now.

https://www.youtube.com/watch?v=_t7urmTuSCs

So about an extra 7mH which I think would increase with a 64 bios to maybe an extra 10Mh about an extra 33% hashrate for about 8% increase in cost per card over a 1070.

Also that on AMD cards there is better coins to mine than ETH as well. I think 1070 is the best nvidia card to get (not in agreement with giraffe I know), but the vega 56 seems a better bet from my perch. Dont get non ti 1080s tongue

Edited by Chrysalis (Thu 31-Aug-17 21:01:20)

Standard User BatBoy
(sensei) Fri 01-Sep-17 22:54:46
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
Here's a thing https://steemit.com/miners/@drotika/6-gpu-mining-rig...
Standard User IranianGiraffe
(committed) Sat 02-Sep-17 00:00:51
Print Post

Re: GPU


[re: BatBoy] [link to this post]
 
Yeah I've seen 13 Rig GPUs , The heat they generate must be crazy as the 3 I have in one rig heat up the room like crazy.
Standard User Lt_Swan
(eat-sleep-adslguide) Sun 03-Sep-17 13:18:45
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
Saves on your heating bill then smile

Life..... It's just a game
Swanny
cool
Standard User Chrysalis
(legend) Tue 05-Sep-17 09:30:21
Print Post

Re: GPU


[re: Lt_Swan] [link to this post]
 
china has sparked a panic, value is nosediving.

Standard User IranianGiraffe
(committed) Tue 05-Sep-17 14:49:13
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
The market was due a correction anyway especially after a huge increase the previous days.
Profit hasn't really changed.
Standard User Chrysalis
(legend) Tue 05-Sep-17 18:56:57
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
DMD looks juicy but seems is no working pools because V3 is about to be launched?

Standard User IranianGiraffe
(committed) Tue 05-Sep-17 23:58:34
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
Yeah, it was between £5-£8 a day on a 1080ti for a good few days but all the ones what I could find were stopped because of the change to V3 like you said.
There is still 15GH's being mined somewhere but I couldn't find where when I looked so I gave up.
Standard User mrnelster
(eat-sleep-adslguide) Mon 18-Sep-17 08:08:48
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
In reply to a post by IranianGiraffe:
I'm waiting on Vega before I build my new PC, I've got an ultra wide freesync monitor so need an AMD card as I'm not paying the premium that the relevant G-sync monitor costs along with the card.
I've decided to wait as well now. I'm not paying these premiums for a GPU. I've decided to pick up a VR headset first and then wait for the prices to drop back again. Should be spending a race evening with oculus rift within the next couple of weeks, when my mate comes back from his travels. Just want to be sure I don't blow a chunky from motion sickness before finally committing!

Only trouble is, I flogged my 390X in readiness for a GTX1080 before I went on holiday, and now the prices are even more stupid. So basically I'm left with my R9 380 4GB to tie me over in the meantime. Hopefully it will run VR alongside the 4690k. You don't need half the effects with racing games, and there'll be screen door to look past anyway. So fingers crossed...
Standard User Chrysalis
(legend) Mon 18-Sep-17 18:40:12
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
the vega 56 prices werent too bad at the time I made my post I dont know if they have gone up since tho.

There may be a drop in nvidia prices for 1070s as it seems a 1070ti is coming which will push the 1070 down but I dont expect any downward movement for AMD any time soon.

Standard User IranianGiraffe
(committed) Mon 18-Sep-17 22:16:50
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
In reply to a post by mrnelster:
In reply to a post by IranianGiraffe:
I'm waiting on Vega before I build my new PC, I've got an ultra wide freesync monitor so need an AMD card as I'm not paying the premium that the relevant G-sync monitor costs along with the card.
I've decided to wait as well now. I'm not paying these premiums for a GPU. I've decided to pick up a VR headset first and then wait for the prices to drop back again. Should be spending a race evening with oculus rift within the next couple of weeks, when my mate comes back from his travels. Just want to be sure I don't blow a chunky from motion sickness before finally committing!

Only trouble is, I flogged my 390X in readiness for a GTX1080 before I went on holiday, and now the prices are even more stupid. So basically I'm left with my R9 380 4GB to tie me over in the meantime. Hopefully it will run VR alongside the 4690k. You don't need half the effects with racing games, and there'll be screen door to look past anyway. So fingers crossed...


Yeah I've had a few goes at VR on racing games and it was much easier to stomach than other games, With most other games I would get a headache on VR after a while (same with watching 3d) but it would go after an hour or 2, On the racing games I didn't seem to suffer at all.
Standard User mrnelster
(eat-sleep-adslguide) Tue 19-Sep-17 19:38:03
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
The Oculus Rift is at 500 quid including touch controllers now, but I don't really need the controllers. There are a few other VR headsets on the horizon, some standalone and with better room/fit. Most of them look like a rip off of the PSVR in terms of the headband, which means they should all be more comfortable than the Rift and Vive.

https://www.cnet.com/news/windows-mixed-reality-head...
Standard User mrnelster
(eat-sleep-adslguide) Tue 19-Sep-17 20:02:49
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Re: GPU


[re: Chrysalis] [link to this post]
 
I don't know if I'd go with a 56 or a 1070 right now. Either are more than good enough for VR, and most likely 4k30 in games other than driving, would suffice for me.
Standard User BatBoy
(sensei) Sat 23-Sep-17 05:38:34
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
With the release of AMD's new lineup of GPUs, including the Vega brand, many expected the increased competition as AMD nears performance parity with Nvidia to drive GPU prices down. That may not be the case, however, if analysts from a Japanese financial giant are to be believed.
Standard User Chrysalis
(legend) Mon 25-Sep-17 03:20:06
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
seems to have settled around the 300 usd mark, not perfect but at least it didnt crash into obscurity.

Investors are a fickle bunch of people, mass reacting to every announcement of short term events.

Edited by Chrysalis (Mon 25-Sep-17 03:21:40)

Standard User IranianGiraffe
(committed) Tue 26-Sep-17 11:59:20
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
In reply to a post by mrnelster:
I don't know if I'd go with a 56 or a 1070 right now. Either are more than good enough for VR, and most likely 4k30 in games other than driving, would suffice for me.


If you don't have a freesync monitor I'd get a Nvidia card over the Vega cards for sure, Vega seems a bang average card at best for the amount of power it uses.
Standard User IranianGiraffe
(committed) Tue 26-Sep-17 12:08:39
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
In reply to a post by Chrysalis:
seems to have settled around the 300 usd mark, not perfect but at least it didnt crash into obscurity.

Investors are a fickle bunch of people, mass reacting to every announcement of short term events.


Are you talking about the Ethereum price????. I've not been affected by that as I never mine it (big perk of the 1080ti it's decent at mining pretty much every coin so it's much easier to keep the ROI at a consistent level).

I must admit I'm beginning to hold onto some of the coins I mine now especially if they are masternode or proof of stake coins, I like the idea of getting free coins for just keeping wallet open.
Standard User mrnelster
(eat-sleep-adslguide) Tue 26-Sep-17 20:58:40
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
I think you're right. I was shocked at the power requirements for Vega. crazy

Most likely a 1080 has been my latest thinking. Going in for my third eye operation next week, so I'll know fairly soon (hopefully) whether it will be worth picking up a VR headset or not. One eye is pointless for VR. Well, for VR gaming at least.... tongue

If not, the 1080 is the best 4k performer out there other than the Ti, and quite frankly I would never pay that sort of money for a GPU.
Standard User Chrysalis
(legend) Tue 26-Sep-17 22:08:10
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
all coins really, you may have noticed that when eth rises, every other coin rises, when eth drops every other coin drops.

Seems all the coins have the same growth patterns.

Of course there is variance in how much each coins drop and grows in the amount, but if they go up and down, they tied like glue.

So e.g. if eth drops from 300usd to 200usd a drop of 1/3 of value, then it also means all other coins have dropped by about 1/3.

So yes you was affected by the crash early sept "unless" you didnt exchange any of your coins to FIAT.

DMD, ZEC, ZEN, Litecoin, plus others all crashed during the same period.

Edited by Chrysalis (Tue 26-Sep-17 22:12:00)

Standard User Chrysalis
(legend) Tue 26-Sep-17 22:34:48
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
depends if we talking about gaming or mining.

for mining a vega 56 is faster than a 1080 and costs 40% less. (remember you can flash a 64 bios on a 56 and it is almost as fast as a 64 then).

Its poor at power efficiency, but I think the cost of a beefier PSU and higher power costs are easier to soak up than the lump sum cost of the more expensive gpu.

For me a 1080 is the worst choice for mining.

1080ti
1070
vega56

all better choices.

But I dont know if you talking about mining or gaming here, I thought you already owned a 1080 for gaming.

We seem to have flip flopped on amd vs nvidia.

Edited by Chrysalis (Tue 26-Sep-17 22:36:04)

Standard User mrnelster
(eat-sleep-adslguide) Tue 26-Sep-17 23:01:54
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
I'm not talking about mining, just gaming.

I would buy a Vega if the price was comparative, but it's nowhere near. My 390x was much cheaper than a 980 when I bought it, so the higher power draw was less of an issue. I can buy a 1080 now cheaper than a Vega 56 and it uses less power. It's a no brainer.

I would never buy a 1080 Ti for gaming. Other than for the Kudos, it's pointless.

I recently said I was going to buy a 1080 Hybrid, but I didn't bother because the prices were rising daily. I wasn't in that much of a rush, as I posted, but now I'm hoping to pick one up next week maybe.

Edited by mrnelster (Tue 26-Sep-17 23:07:53)

Standard User Chrysalis
(legend) Wed 27-Sep-17 03:48:27
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
yeah for gaming I would use nvidia smile

The vega 56 isnt too bad tho, I think its a much better product than the 64. The 64 is just bad in all metrics tho.

If you ok waiting I would wait till the 1070ti comes out, as is rumoured to be very close to 1080 and the price gap might be reasonable.

Edited by Chrysalis (Wed 27-Sep-17 03:49:49)

Standard User mrnelster
(eat-sleep-adslguide) Wed 27-Sep-17 06:55:04
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Re: GPU


[re: Chrysalis] [link to this post]
 
I can pick up a brand new 1080 for around £450, which I imagine a 1070 Ti would likely come in at, with current pricing at least. I suspect the fact you just posted about the 1080 being the worst of the four cards for mining is the reason, and highlights just how damaging the current mining craze has been to the GPU market for gamers.

Making £450 sound like a bargain for a GPU is surreal. You'd normally see that as the high end of pricing, other than the Titan type enthusiast nonsense pricing of £600 plus. I bought a 390X because it was 100 odd quid cheaper than a 980. Now a whole range of 1080s are cheaper (just) than many 1070s.

Bonkers...
Standard User IranianGiraffe
(committed) Wed 27-Sep-17 13:07:29
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
In reply to a post by Chrysalis:
all coins really, you may have noticed that when eth rises, every other coin rises, when eth drops every other coin drops.

Seems all the coins have the same growth patterns.

Of course there is variance in how much each coins drop and grows in the amount, but if they go up and down, they tied like glue.

So e.g. if eth drops from 300usd to 200usd a drop of 1/3 of value, then it also means all other coins have dropped by about 1/3.

So yes you was affected by the crash early sept "unless" you didnt exchange any of your coins to FIAT.

DMD, ZEC, ZEN, Litecoin, plus others all crashed during the same period.


While I agree most of the top 100 coins follow Bitcoin price there are plenty of coins that don't follow bitcoin prices like most of the top 100 coins do.
Example
14th Sept 15th Sept
Bitcoin $3800 $3000 21% drop
Ethereum $270 $200 26% drop
Wyvern $0.028 $0.025 11% drop

I'm only using that as an example as that was I was mining at the time but it only lost just over half of what Bitcoin did and on other drops I've been on coins that have lost less than 5% when Bitcoin has lost 15-25%.

The only big coin that I sometimes mine and that's very rare now is ZEC.


I have never sold my coins after a big drop as the market always seems to recover (don't take this as any sort of advice on what to do) but for me it's worked out well.
The reason I say that I've not really been effected is that my profits have barely gone down on when the coins are flying as the difficulty on one is always dropping and it becomes more profitable to mine so I just switch to that one.

As I mentioned before tho I'm looking at holding onto my coins now with POS coins and masternode coins so that just holding them earns me coins/money.
Standard User IranianGiraffe
(committed) Wed 27-Sep-17 13:29:48
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
In reply to a post by mrnelster:
I can pick up a brand new 1080 for around £450, which I imagine a 1070 Ti would likely come in at, with current pricing at least. I suspect the fact you just posted about the 1080 being the worst of the four cards for mining is the reason, and highlights just how damaging the current mining craze has been to the GPU market for gamers.

Making £450 sound like a bargain for a GPU is surreal. You'd normally see that as the high end of pricing, other than the Titan type enthusiast nonsense pricing of £600 plus. I bought a 390X because it was 100 odd quid cheaper than a 980. Now a whole range of 1080s are cheaper (just) than many 1070s.

Bonkers...


Bonkers is indeed the right word for these prices.

The 1080 is the 2nd best card behind the 1080ti for daily profit. It was only the worst on that list because it was around £125-£150 more expensive than a 1070 so it took a few weeks longer to get the full ROI, So if the 1080 are now almost the same prices as a 1070 then a 1080 would be better for mining as well, There were only a few coins like Ethereum that a 1080 was bad at mining and with the amount of coins the 1080 and 1080ti are better at mining you wouldn't touch something like Ethereum with it anyway.
1080 is a very good card for both mining and gaming IMO if you want an allrounder.
Standard User mrnelster
(eat-sleep-adslguide) Wed 27-Sep-17 17:56:40
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
Yeah, I'm pretty much settled on the 1080 now, but not quite which one just yet. Isis water pumps on the EVGA Hybrid have put me off that a bit...maybe... smirk
Standard User Chrysalis
(legend) Thu 28-Sep-17 10:12:00
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Re: GPU


[re: mrnelster] [link to this post]
 
curious where you are getting a gtx 1080 brand new £450 inc vat from? thanks.

Standard User Chrysalis
(legend) Thu 28-Sep-17 10:18:03
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
well you are still witholding lots of info from us then.

first time I Seen you mention wyvern in this thread.

whattomine doesnt show anything like 100 coins.

I will rephrase, the "major" coins largely followed the crash. There was variances but were all within 10% or so in terms of how much they dropped.

I have noticed in the mining community, alot of people dont like talking about what they doing, I think people are scared of course if they mining some not known about coin, they post about it, then others jump on it and profitability nosedives.

I didnt sell any coins either after the drop, although I sold some ZEC 2 nights ago, for some reason it briefly jumped 20% in value then so I sold bulk of my ZEC at that point. Havent sold any ETH since I last posted about the sale I made.

Standard User Chrysalis
(legend) Thu 28-Sep-17 10:28:25
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
even at the prices nelly has posted, its still 25% more than a 1070.

zcash 6.81usd day profit 1080
zcash 6.30usd day profit 1070

most profitable coin currently on whattomine for both cards

its more profitable in a 12 month period as long as you willing to pretend there is no capital investment.

Since I dont have access to your hidden comparison site for minor coins I guess I cannot comment on things like wyvern smile

Standard User IranianGiraffe
(committed) Thu 28-Sep-17 15:07:23
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
They've been on a few sites for around that price at certain points.

Amazon and Ebuyer have had them for £450 recently.

I personally got one for £438 on the 11th June from Amazon.
Standard User IranianGiraffe
(committed) Thu 28-Sep-17 15:20:51
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
In reply to a post by Chrysalis:
even at the prices nelly has posted, its still 25% more than a 1070.

zcash 6.81usd day profit 1080
zcash 6.30usd day profit 1070

most profitable coin currently on whattomine for both cards

its more profitable in a 12 month period as long as you willing to pretend there is no capital investment.

Since I dont have access to your hidden comparison site for minor coins I guess I cannot comment on things like wyvern smile


OK going by the above the 1080 makes 37.5p a day more than a 1070, times that by 365 and it's another £135.

A 1080 is not £135 more expensive than a 1070 at current prices so at the moment it's better to get a 1080 to mine than a 1070.

I'm not pretending there is no capital investment just pointing out that people say the 1080 is poor for mining and it's not (not just here but seen it on the net and most of it seems to be because it doesn't mine Ethereum well, which it doesn't but then Ethereum is not what you should be mining with NVIDIA cards there are far more coins worth mining).

I'm just pointing this out and if Nelly is happy to pay for a 1080 to play games then when he's not he can easily make a few £ back when he's not by mining with it if he wants.
Standard User IranianGiraffe
(experienced) Thu 28-Sep-17 16:18:53
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
In reply to a post by Chrysalis:
well you are still witholding lots of info from us then.

first time I Seen you mention wyvern in this thread.

whattomine doesnt show anything like 100 coins.

I will rephrase, the "major" coins largely followed the crash. There was variances but were all within 10% or so in terms of how much they dropped.

I have noticed in the mining community, alot of people dont like talking about what they doing, I think people are scared of course if they mining some not known about coin, they post about it, then others jump on it and profitability nosedives.

I didnt sell any coins either after the drop, although I sold some ZEC 2 nights ago, for some reason it briefly jumped 20% in value then so I sold bulk of my ZEC at that point. Havent sold any ETH since I last posted about the sale I made.


My "Withholding" of info is like what I've said before you need to check out as many coins as you can, It takes a while to download a wallet and setup a miner for a coin etc and I'm constantly doing it.
I'm sorry but I don't have the time to do all the above and then to type out what I'm currently mining on here as like I said it takes a while, I'm not hiding or withholding anything everyone can do it.

I've not mentioned Wyvern before as I've never really mined it before like I said previously at the time of the crash it hadn't dropped in price much against the others and as such at the time it was the most profitable coin to mine, So yeah I wasn't affected much by the crash of bitcoin etc in the market.

To me it makes sense to be able to mine as many coins in the market as you can as you have more chances of being able to make more profit or not be as effected by a crash/drop.

Take the people who have 6+ 1060/1070/ AMD 480/580 rigs that they just mine ZEC or Ethereum for instance if the difficulty goes high or the prices drop on their coin then the profitability drops big time until either the price goes back up or people stop mining.

I only had 0.3 ZEC to sell and did so a few days ago as well, I saw that it hit over £270 today although currently back down to around £213 (yes thats £ not $) was a crazy price increase at some point and I've not had chance to look into why at the moment.
Standard User mrnelster
(eat-sleep-adslguide) Thu 28-Sep-17 16:19:30
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
I'm just pointing this out and if Nelly is happy to pay for a 1080 to play games then when he's not he can easily make a few £ back when he's not by mining with it if he wants.
Yep.

Thanks for the heads up on mining with the 1080. smile
Standard User mrnelster
(eat-sleep-adslguide) Thu 28-Sep-17 16:21:54
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
In reply to a post by Chrysalis:
curious where you are getting a gtx 1080 brand new £450 inc vat from? thanks.
If I told you and they ran out of stock, I'd be kicking myself and blaming you.

You pesky miners... wink
Standard User Chrysalis
(legend) Thu 28-Sep-17 17:37:10
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Re: GPU


[re: mrnelster] [link to this post]
 
not buying any more gpu's soon smile

just curious thanks.

There is a chance I could replace my main 1070 with a 1070ti if the price is very close. But otherwise no, so no danger of me swabbing the stock.

Also I would only buy a 1080 for gaming personally smile

I am hoping the 1070ti appears for sub £370, then sell my 1070 for £320-350 and swap it over.

I think £450 is an amazing price for a 1080 which I cannot see at the usual retailers, so if you really can get for that then go for it yeah. 1070 minis have gone up in price since I brought 2 of them for mining so that would have closed the price gap also.

Edited by Chrysalis (Thu 28-Sep-17 17:37:43)

Standard User mrnelster
(eat-sleep-adslguide) Thu 28-Sep-17 21:49:34
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
Here's one priced close to the one that I've seen. wink

https://www.aria.co.uk/SuperSpecials/Other+products/...

Quality free game with it too.
Standard User IranianGiraffe
(experienced) Thu 19-Oct-17 15:47:04
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
Personally think people are in love with "Masternode" coins at the moment.

Was mining Solaris coin before it switched algorithm to allow for master nodes when it was 20p ish a coin, It's now around 68p a coin (although did hit £1)
I managed to mine around 350 of them and then purchased the remaining 650 or so for £175 so I've got a masternode setup and running myself as I was quite confident it was going to go up in price with the returns from the masternodes .

Smartcash (4p each) and Zencash (£8 each) could well be ones to keep an eye on (both have a nice mining return at the moment, The prices mentioned have already gone up a fair bit in the last few days but people haven't even seen the returns yet so they could go up even more.
Zencash has secure nodes coming in and if the returns are as they look then the ROI is going to be crazy good and can deffo see the price going up with people buying them up.
Smartcash are giving a % of the blocks mined to people holding over 1000 coins and not selling any every month as well so I can see people buying a few of them as well, This is in no way financial advise just something I will look for as like I said they are already profitable to mine so may well just hold on mine for a little bit to see if the above may happen.
Standard User IranianGiraffe
(experienced) Wed 06-Dec-17 14:39:17
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
Crypto is going nuts at the moment. Bitcoin currently at £9450 which is insane for what it was earlier this year.
I mentioned keeping an eye on Zencash in a previous post and glad I kept hold of mine for a while as they have gone from £8 when I mentioned to currently £28. (although I sold mine at £22)

Mining profits seem back to a great level tho as a couple of coins are showing around £8+ a day on a 1080ti (currently £14+ on a couple but it looks like these prices are due to nice hash being down.)

If you are not mining with your GPU when you are not using it then you really should be.

I also recommend a program called Awesome Miner (free) when setup you can tell it to auto change when a coin is more profitable etc. It takes a little while to setup but IMO it's definitely worth it.

Edited by IranianGiraffe (Wed 06-Dec-17 17:37:51)

Standard User mrnelster
(eat-sleep-adslguide) Wed 06-Dec-17 22:30:09
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
What is the gross per day mate? Want to back calculate the potential leccy bill if I build a 1080ti rig.
Standard User IranianGiraffe
(experienced) Wed 06-Dec-17 23:35:25
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
This is the current profit mate although it changes all the time 1080ti if you look far right it says the profit before electric costs and after.

The amounts are currently inflated quite a lot though as Nicehash (who people sell their hashing power use who are too lazy to sell coins themselves) got hacked and so the difficulty of the coins are a lot lower than usual and so the profits are a lot higher than usual (mainly the highest ones).
Apparently, tho one bitcoin account got 4500 bitcoin accounts sent to it which is rumored to be from the nicehash account so they maybe down for a while.
Before the nicehash hack tho I was getting around £4.50 a day before leccy costs on 1 1080ti which will be closer to the normal amount but until the large nice hash miners come back its time to make hay while the sun shines.
Standard User mrnelster
(eat-sleep-adslguide) Thu 07-Dec-17 00:32:29
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
Literally can't read that mate, plus it keeps popping up with the new iPhone 8 I've won and need to collect....apparently. laugh
Standard User mrnelster
(eat-sleep-adslguide) Thu 07-Dec-17 00:50:16
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
So I've calculated that at approximately 240W, it would cost me 78p per 24 hours, £22.50 per month, in electricity. So approximately £112 per month profit.

Do you know if the bandwidth it consumes is a constant?

Edited by mrnelster (Thu 07-Dec-17 06:38:46)

Standard User Chrysalis
(legend) Thu 07-Dec-17 05:58:05
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
I made nearly 2k (profit) I feel I should be honest.

Brought 1.2k of bitcoins back in early sept and sold them last night.

This is excluding my revenues from mining.

Sky Fibre Pro BQM - IPv4 BQM - IPv6

Edited by Chrysalis (Thu 07-Dec-17 05:58:24)

Standard User Chrysalis
(legend) Thu 07-Dec-17 06:15:05
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
The problem I have found with switching is you have to bear in mind it can take several days or even weeks to mine enough to make a transaction, so in other words you cant really react to live events with mining, by the time you mined enough to trade/sell the value could be completely different, and if you auto switching you in danger of mining small quantities of lots of different coins which have no value because the quantity isnt high enough to make a transaction.

There is also the problem of finding exchanges that accept the coins you mine, exchanging to a coin that you can trade for USD/GBP as well. Also setting up wallets for them, it can all get very messy and tedious very quickly.

For this reason I did switch back to good old ETH from ZEC in october, even tho ZEC was rated about 10-15% higher on whattomine, its very hard to mine it efficiently (needs high clocks etc. on GPU, whilst ETH can max out at barely half power usage and low temps), and I also had to exchange it ti bitcoin and then send to a second exchange to convert to cash.

However looking at whattomine now things appeared to have gone crazy, ETH has gone up in value, but now something weird has happened, different coins have deviated from ETH's path which didnt happen in the past/ So now we have different coins with massively different profit levels, for a gtx 1070, whattomine claims monacoin is currently 3x as profitable as eth. But what I am also seeing on whattomine is alot of coins are swinging widly in value, way too quick to react to with mining.

e.g. sibcoin is currently 325% of eth value, but the 24h average is only 217% and the 7d average is 47%, thats extremely volatile.

zencash doesnt seem to be doing especially great tho, its raised in value like all the coins but it hasnt sped that far ahead of eth, currently 150% of eth, so about a 30% net gain. The problem been tho I can never hit the claimed mining performance whattoomine uses for its calculations so as such the profits it shows are not achievable for me whilst its ETH's profits are.

Given monacoin has held its value for the past 7 days tho I think thats worth trying providing its reasonably easy to mine as some coins are on this site, but then I find there is no mine or pool for them, or no exchanges that trade them.

Sky Fibre Pro BQM - IPv4 BQM - IPv6

Edited by Chrysalis (Thu 07-Dec-17 06:16:10)

Standard User Chrysalis
(legend) Thu 07-Dec-17 08:26:07
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
I got monacoin running but the pools seem dodgy.

suprnova has a bad rep for under reporting hashrate plus the site keeps timing out on me so skipped it.
asicpool siilar issues to suprnova.
lapool.me which I am running at the moment seemed to initially report the correct hashrate but now shows under half of the hashrate which is obviously no good.

nanopool seems to be the only decent pool out there but they only do limited coins.

never used nicehash.

Sky Fibre Pro BQM - IPv4 BQM - IPv6
Standard User IranianGiraffe
(experienced) Thu 07-Dec-17 10:15:12
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
In reply to a post by mrnelster:
So I've calculated that at approximately 240W, it would cost me 78p per 24 hours, £22.50 per month, in electricity. So approximately £112 per month profit.

Do you know if the bandwidth it consumes is a constant?


Personally, I lower my power to around 75% (around 180w) and then bump the overclock and memory (you can do this on the GPU as although you are maxing out the GPU it's not doing it in anything like as stressfull as playing a game does with graphics etc), I lose a small amount of speed doing that but it reduces the heat and stress on GPU a lot and reduces electric bill as well (you would get a better return overall leaving power at 100% but I prefer the above).

Sending the shares uses next to no bandwidth at all that I don't even bother looking at it at all and I have a download limit with my ISP.

The profit can vary a fair bit and as nicehash is down at the moment and a lot of the noob miners used them the profit is currently big on some coins £9 on some of them with 1 1080ti although that will deffo change when the noob miners come back.
Standard User IranianGiraffe
(experienced) Thu 07-Dec-17 10:21:23
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
In reply to a post by Chrysalis:
I got monacoin running but the pools seem dodgy.

suprnova has a bad rep for under reporting hashrate plus the site keeps timing out on me so skipped it.
asicpool siilar issues to suprnova.
lapool.me which I am running at the moment seemed to initially report the correct hashrate but now shows under half of the hashrate which is obviously no good.

nanopool seems to be the only decent pool out there but they only do limited coins.

never used nicehash.


Personally I've never had a problem with Suprnova, I know a lot of people say they under report hashrate etc but I believe most sites base the hashrate they show off the shares you have found at that time (so if you dont find any for ages it will show a much lower hashrate and the same if you find a load in a short time you will have a much higher hashrate than what you acually have) but overall mine seem to pretty much add up fine.
Standard User IranianGiraffe
(experienced) Thu 07-Dec-17 10:57:44
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
In reply to a post by Chrysalis:
The problem I have found with switching is you have to bear in mind it can take several days or even weeks to mine enough to make a transaction, so in other words you cant really react to live events with mining, by the time you mined enough to trade/sell the value could be completely different, and if you auto switching you in danger of mining small quantities of lots of different coins which have no value because the quantity isnt high enough to make a transaction.

There is also the problem of finding exchanges that accept the coins you mine, exchanging to a coin that you can trade for USD/GBP as well. Also setting up wallets for them, it can all get very messy and tedious very quickly.

For this reason I did switch back to good old ETH from ZEC in october, even tho ZEC was rated about 10-15% higher on whattomine, its very hard to mine it efficiently (needs high clocks etc. on GPU, whilst ETH can max out at barely half power usage and low temps), and I also had to exchange it ti bitcoin and then send to a second exchange to convert to cash.

However looking at whattomine now things appeared to have gone crazy, ETH has gone up in value, but now something weird has happened, different coins have deviated from ETH's path which didnt happen in the past/ So now we have different coins with massively different profit levels, for a gtx 1070, whattomine claims monacoin is currently 3x as profitable as eth. But what I am also seeing on whattomine is alot of coins are swinging widly in value, way too quick to react to with mining.
I've got 4 exchanges that I use and I have no problems selling the coins for bitcoin and then change that for cash.

e.g. sibcoin is currently 325% of eth value, but the 24h average is only 217% and the 7d average is 47%, thats extremely volatile.

zencash doesnt seem to be doing especially great tho, its raised in value like all the coins but it hasnt sped that far ahead of eth, currently 150% of eth, so about a 30% net gain. The problem been tho I can never hit the claimed mining performance whattoomine uses for its calculations so as such the profits it shows are not achievable for me whilst its ETH's profits are.

Given monacoin has held its value for the past 7 days tho I think thats worth trying providing its reasonably easy to mine as some coins are on this site, but then I find there is no mine or pool for them, or no exchanges that trade them.


I guess that could be true with the coins that are worth a lot as you get so little of them but take Vert Coin for instance at the mo thats got £9 profit a 1080ti at the mo (each coin currently around £6) I can mine 1.5 of them a day with a 1080ti and so have no problems selling in under a day, That's the beauty of mining the lesser value coins you get a fair few of them quickly and can sell easily where as mining say ETH you may need to mine 0.1ETH before the pool will payout etc.

When you say you can't hit the mining performance of whattomine are you talking about the hashrates? so a 1070 equihash is 430 and neoscrypt 1000 etc and you get less than those figures?
If that's the case then do a search for neoscript nvidia miner etc as there are different versions of ccminer that some people have configured to work much better than the default version, for instance I have a version of ccminer that with my 1080ti will get 1000 for neoscript whereas the version that someone has tweaked gets me the 1400 so a 40% increase.
I've probably got about 7 different versions of ccminer that have been modified for different algorithms because of the increase in speed they give so make sure you have a tweaked version of each one but I hit all the estimated hashrates on whattomine with the tweaked versions.

Nicely done on the Bitcoin, My current best profit is I got 1000 Solaris (enough for a masternode) for around £250 and it's currently worth around £1400 but because it's a masternode it basically earns its own coins that nets me £3-4 a day just having it running so I've kept the coins instead of selling them.
Standard User Chrysalis
(legend) Thu 07-Dec-17 12:09:57
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
yes the hashrates as well as hashrates accepted by the pool.

right now suprnova the site barely works, it either loads after a long delay or just times out, and the net is flooded with complaints about dodgy hashrates been reported. Maybe its under ddos attack or something I dont know in regards to the broken site.

So I have left it running on lapool.me but its very volatile and the highest hashrate is not close to what ccminer is reporting.

So ccminer across 2 1070s is reporting consistently about 65.5MH so I guess about 65500KH, this is at 75% power limit.
Whattomine claims 2 1070s should get 71000KH

However as we know what you get paid is based on what the pool reports as your mine rate.

Here is data for 30 min intervals since 9am.

9am 17,000KH
9.30am 32,000KH
10am 56,000KH (highest I seen)
10.30am 9,000KH
11am 12,000KH
11.30am 49,000KH
Now 54,000KH

I also see now monacoin has just had a crash, its now 149% down from 300%, showing that you cannot mine quick enough to keep up with current trends on highly volatile coins.

To get close to ZEC hashrate's on whattomine I had to run my cards around the 70C vs mark temp wise vs 50C on eth, really ramping up fans and pushing power limits quite high. So the figures on whattomine in my opinion are not apples to apples, its way easier to hit the ETH rates on there than the alternative coins.

--edit--

Now shows 87,000KH hashrate, its all over the place.

Whenever I have used nanopool, either for ZEC or ETH its variance is much less volatile and also is presented in a graph, with 6 hour average etc. Usually it is not far off the actual hashrate over its 6 hour average.

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Edited by Chrysalis (Thu 07-Dec-17 12:17:20)

Standard User Chrysalis
(legend) Thu 07-Dec-17 12:21:23
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
thanks on the tips about trying the tweaked versions, I will look for them. I will also consider nicehash when it comes back online.

Yeah I kept quiet on the bitcoin purchase as I felt I was an idiot at the time, and didnt want to tell anyone, but seems it did pay off, I just held it and hoped for another jump in value.

But it does seem to me the real profit is easier to make by just purchasing coins outright instead of mining. Although the advantage of mining is if you already have the hardware (For gaming purposes).

Sky Fibre Pro BQM - IPv4 BQM - IPv6

Edited by Chrysalis (Thu 07-Dec-17 12:22:54)

Standard User IranianGiraffe
(experienced) Thu 07-Dec-17 12:49:05
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
Yeah like I said the hash rate will be all over the place because most sites hash rate is based on when you earn shares as with almost all pools you only earn some coin when 1) you've found some shares and even then you don't get anything unless 2) your pool is the pool that finds the block, So if you are at a pool that finds a pool every other minute and you have 0.01% of that hashrate then you will get 0.3% in an hour where as you could be at another pool that only finds a block every 6 hours but as it's a smaller pool you have a much bigger % and you can get that 1.8% from that one block (but you wont have any coins until it finds that block), So you basically end up with the same amount it's just one you get a much faster average where as the other you will have a lot of peaks and valleys, Over a 24/48hr period the amounts should even out.

Even though you mention the Monacoin crash (more people are mining it because of the high profit) it's still so much higher than ETH for a 1080ti etc £5.58 vs £1.78 and Monacoin isn't even the highest, VertCoin and Electronium are the current highest of a 1080ti of £8-£9 a day.

Just out of interest how much Monacoin have you mined in those 3hrs???.

Edited by IranianGiraffe (Thu 07-Dec-17 12:50:22)

Standard User Chrysalis
(legend) Thu 07-Dec-17 13:00:08
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
I have no confirmed or unconfirmed balance. This seems slow to credit anything.

nanopool is the same its based on shares, but its nowhere near this volatile, and its averaged evened out close to the expected hashrate.

With suprnova the complaints are from people mining for several days and not getting close to their hash rates at any point.

For the 1070 monacoin was the top rated coin up until an hour or so ago. So it was top when I started, I am not a person who is going to be switching coins several times a day based on live currency values. That to me isnt worth it, and will also lead me to have too many coins spread thinly.

Interestingly ccminer is only utilising 90% of my gpu, so I am definitely interested in trying to find an optimised build for this algorithm if I can, am looking at the moment for one. Normally i have issues with miners pushing the GPU too hard and making the system lag, but ccminer is the opposite.

Nice

gpu1 now 34.5mh gpu 2 36mh, so combined about 70mh

utilisation now 98-99%

using this fork

http://cryptomining-blog.com/tag/monacoin/

Await to see what the pool reports now as well.

This is more like it

[2017-12-07 13:09:19] accepted: 14/14 (diff 0.558), 71.42 MH/s yes!
[2017-12-07 13:09:21] GPU #0: Zotac GTX 1070, 35.15 MH/s
[2017-12-07 13:09:21] accepted: 15/15 (diff 0.482), 71.40 MH/s yes!
[2017-12-07 13:09:23] GPU #1: Zotac GTX 1070, 36.23 MH/s
[2017-12-07 13:09:23] accepted: 16/16 (diff 3.264), 71.41 MH/s yes!
[2017-12-07 13:09:24] accepted: 17/17 (diff 0.045), 71.35 MH/s yes!
[2017-12-07 13:09:26] accepted: 18/18 (diff 0.117), 71.33 MH/s yes!
[2017-12-07 13:09:26] accepted: 19/19 (diff 0.152), 71.37 MH/s yes!


The problem now is my worker is not showing as logged in and site reporting zero hashrate.

Some info here about suprnova hashrates.

https://bitcointalk.org/index.php?topic=2002174.0

Sky Fibre Pro BQM - IPv4 BQM - IPv6

Edited by Chrysalis (Thu 07-Dec-17 13:20:16)

Standard User Chrysalis
(legend) Thu 07-Dec-17 16:49:02
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
well on this ccminer the reported hashrate on the pool has more than doubled.

instead of going from like 17 to 50 mh its now more like 35-120mh with it spending most of the time in the 50s.
the reported worker rate is hovering in the low 70s matching what the miner reports.

unconfirmed has started moving, currently at 0.29, which I would guesstimate at current mona value would be about 8-12usd for the first 24 hours. I dont know why it took 90k shares and over 6 hours to start moving, but now its moving up every 10 mins or so.

I read somewhere there will always be outstanding unprocessed payments, and if you stop mining you never get them credited. Which I dont like but it is what it is, as I will stop mining this at some point.

If I averaged 10usd day then thats 300usd a month a fair return compared to eth, but I think mona is on a plunge and within a week I will be back on eth or nicehash as I think the other coins at the top of whattomine are also on short lived success paths as well.

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Edited by Chrysalis (Thu 07-Dec-17 16:49:19)

Standard User IranianGiraffe
(experienced) Thu 07-Dec-17 17:43:57
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
I know all about the hash rates that people complain about on Suprnova etc you get people complaining about pretty much every mining pool, I'm always pretty close on most sites so I'm happy as its obviously onlly an estimate.

There are also older versions of mining software that are not optimized and as the link you posted about Suprnova someone posted that there are also versions of ccminer that were not sending all the shares it should have due to an error.

0.29 Mona is currently around £3.19 which according to Whattomine is what you would have got in 24hrs with ETH so it's madness just to mine ETH at the mo.

The increased profit at the moment is purely down to the fact that Nicehash is down and a lot of those miners are not mining coins themselves, So the prices will take a nosedive when the Nicehash returns (if it does, apparently they lost 4700 bitcoins so trying to sort that out will be a nightmare).

Glad to see getting that version of CCMiner is giving you more speed tho and like I said if you are not getting the speed or close to the speed whattomine quote for certain algorithsms then do a search for them as I can get the speeds they say on 66% power on 1080 and 75% power on a 1080ti.

I also am seeing some lag on Suprnova with Monacoin (on the front screen it says no one is mining it) so I'm guessing it is having issues although it seems to report the amounts when it finally does update.
Standard User Chrysalis
(legend) Thu 07-Dec-17 17:55:35
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
I missed a zero frown

unconfirmed is actually 0.029 not 0.29 sorry.

Its also stopped going up again.

So about 30p for half a day? not bad.

Seems another dodgy pool tongue but maybe it will catch up overnight, I will give it a chance to.

Transaction History
ID Date TX Type Status Payment Address TX # Block # Amount
910670 2017-12-08 01:11:38 Fee Unconfirmed 1182687 0.00014693
910669 2017-12-08 01:11:38 Credit Unconfirmed 1182687 0.02938698


earnings data
Credit Bonus Debit AP Debit MP Donation Fee TXFee
Last Hour 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
Last Day 0.02938698 0.00000000 0.00000000 0.00000000 0.00000000 0.00014693 0.00000000
Last Week 0.02938698 0.00000000 0.00000000 0.00000000 0.00000000 0.00014693 0.00000000
Last Month 0.02938698 0.00000000 0.00000000 0.00000000 0.00000000 0.00014693 0.00000000
Last Year 0.02938698 0.00000000 0.00000000 0.00000000 0.00000000 0.00014693 0.00000000


This system is to blame maybe, nanopool doesnt use it per block but instead per 20 mins "Pay Per Last N Shares (PPLNS)"

Seems the last block was a ***** to get tho I wonder if thats had an affect, check out the actual shares vs expected and %.

Note these times are clearly not UK time zone.

Last Found Blocks
Height Finder Time Difficulty Amount Expected Shares Actual Shares Percentage
1182687 befocus 12/08/2017 01:04:30 55,496.1399 25.00 14,207,012 90,680,480 638.28
1182250 anonymous 12/07/2017 13:45:34 39,238.6142 25.00 10,045,085 2,401,067 23.90
1182236 nyan 12/07/2017 13:20:30 42,703.0480 25.01 10,931,980 3,246,883 29.70
1182211 anonymous 12/07/2017 12:46:12 39,066.9362 25.14 10,001,136 3,327,290 33.27
1182193 anonymous 12/07/2017 12:07:07 62,370.5982 25.48 15,966,873 2,157,749 13.51


So yesterday was averaging one block per 30-40 mins, then today took 11 hours 20 mins for one block, ouch.

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Edited by Chrysalis (Thu 07-Dec-17 18:15:25)

Standard User Lt_Swan
(eat-sleep-adslguide) Thu 07-Dec-17 17:56:47
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Which coins?


[re: IranianGiraffe] [link to this post]
 
My card isn't powerful enough to mine with but I want to get some coins. Which are the best just to buy?
Thanks smile

Life..... It's just a game
Swanny
cool
Standard User Chrysalis
(legend) Thu 07-Dec-17 18:03:39
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Re: Which coins?


[re: Lt_Swan] [link to this post]
 
I would consider bitcoins as that is the only coin that I think is going to be like house prices, a long term trend upwards with occasional dips.

I looked at mona and other coin's histories, they have had spikes over a year ago but then went back to near zero value for about 10 months before spiking again, bitcoin doesnt do that, neither does ETH, but ETH does dip more than bitcoin and is more volatile as well.

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Standard User Lt_Swan
(eat-sleep-adslguide) Thu 07-Dec-17 18:08:00
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Re: Which coins?


[re: Chrysalis] [link to this post]
 
Thanks for the quick reply. Any advice on how to buy them?

Life..... It's just a game
Swanny
cool
Standard User Chrysalis
(legend) Thu 07-Dec-17 18:10:08
Print Post

Re: Which coins?


[re: Lt_Swan] [link to this post]
 
I brought mine at the cex.io exchange, exchanges are clearly the best places as they have live trading. But they have pretty tight ID verification checks.

You might be able to buy elsewhere but you are likely then to be off track from live prices and maybe with extra markups on top as well.

Sky Fibre Pro BQM - IPv4 BQM - IPv6

Edited by Chrysalis (Thu 07-Dec-17 18:11:07)

Standard User Lt_Swan
(eat-sleep-adslguide) Thu 07-Dec-17 18:12:05
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Re: Which coins?


[re: Chrysalis] [link to this post]
 
This ?? https://cex.io/

Life..... It's just a game
Swanny
cool
Standard User Chrysalis
(legend) Thu 07-Dec-17 18:14:43
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Re: Which coins?


[re: Lt_Swan] [link to this post]
 
yep.

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Standard User Lt_Swan
(eat-sleep-adslguide) Thu 07-Dec-17 18:15:05
Print Post

Re: Which coins?


[re: Chrysalis] [link to this post]
 
Thanks I'll have a look smile

Life..... It's just a game
Swanny
cool
Standard User Lt_Swan
(eat-sleep-adslguide) Thu 07-Dec-17 18:26:30
Print Post

Re: Which coins?


[re: Lt_Swan] [link to this post]
 
It doesn't like any of my email addresses

Life..... It's just a game
Swanny
cool
Standard User Chrysalis
(legend) Thu 07-Dec-17 18:38:23
Print Post

Re: Which coins?


[re: Lt_Swan] [link to this post]
 
if you got no private domains to use you can try another exchange, they all quite paranoid tho.

2 forms of address verification, and for ID verification, I had to hold up my passport, whilst keeping my face in the picture at the same time and not covering "any" text on the passport, "and" the text had to be eligible so proper focus etc.

Some also want detailed information on your tax status as well.

Sky Fibre Pro BQM - IPv4 BQM - IPv6

Edited by Chrysalis (Thu 07-Dec-17 18:39:35)

Standard User Lt_Swan
(eat-sleep-adslguide) Thu 07-Dec-17 19:18:59
Print Post

Re: Which coins?


[re: Chrysalis] [link to this post]
 
Blimey what a fuss that was
Have to go to the bank tomorrow to see what the transaction was. I don't trust online banking smile

Life..... It's just a game
Swanny
cool
Standard User Chrysalis
(legend) Fri 08-Dec-17 08:56:55
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
so now I have 0.17 confirmed and 0.06 unconfirmed.

Approx 26 hours of running time is about $2 revenue.

It was a punt but not worked out, think I am going to cut my losses and switch back to ETH on nanopool today.

I see 4 out of the last 5 reported blocks have been poor, not as bad as that block yesterday but still over double the predicted shares to crack.

Nanopool doesnt depend on blocks been cracked to payout it just pays out every 20 mins based on shares delivered so is consistent, whilst this seems poor in comparison.

To trade to and from bitcoin needs at least 0.01 bitcoin, since I cannot convert mona directly to cash, I would need to farm enough to make 0.01 bitcoin, which at this low rate I think is a waste of time so I am just going to write of the last day as a waste.

This is why I think moving away from eth should only be considered if on whattomine is at the very least 150% of eth but probably at least 200%, as the other coins have too many complications and hurdles.

This coin is defenitly easier to mine than ZEC tho, after shifting to the modded ccminer, the performance reported by the mine matched whattomine although the reported hashrate remained down on average on the pool whilst nanopool matches the hashrate reported by the miner so the wahttomine figure is still at least 10% too high to base on real earnings and also assumes the blocks are cracked quickly.

Sky Fibre Pro BQM - IPv4 BQM - IPv6
Standard User IranianGiraffe
(experienced) Fri 08-Dec-17 12:14:56
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
Surely you can just send the Monacoin to an exchange and then sell it for Bitcoin?. Needing to get 0.01 worth in Bitcoin is madness.

Obviously it's completely upto you and for whatever reason Monacoin in this instance didn't work for you but there are still loads of coins offering well over double what ETH is paying out.
I'm not sure what complications and hurdles you mean for other coins, All I've done is basically get mining program, the coin wallet (don't even really need that) and then an account with the relevant exchange.

I've got a Bittrex, CoinsMarket, Cryptopia and Coinexchange account and have no problem sending them the coins and selling for Bitcoin.
Few mins to set up and that's it, sometimes you may get problems with a pool etc but I just find a different one and move on.

Don't just use whattomine front page either they don't show all the algorithms so ones that use Keccak , Xevan don't show up on the front screen, (go into the coins options and then put in these algorithms to bring up coins that use these and then look at the profit they get), There are also a fair few coins (some neoscrypt ones) which because they don't have a price onwhattomine (because not on the exchanges whattomine show) don't show a profit but if you key in the price they are they will also go very high up the list.
Standard User Chrysalis
(legend) Fri 08-Dec-17 19:41:27
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
Thats what I do, selling for bitcoin has a minimum transaction size.

Its not in their interests I guess to be doing very small transactions worth only a few £.

Its how they pay out tho.

I have read some dodgy stuff about this payout scheme, basically they dont payout on all shares sent, just the recent ones prior to the block completion, so if e.g. you have a poor run of shares just before the block is completed you get a poor pay out regalrdless of total shares mined, there is a tactic some people pull where by they only start mining when they think a block is about to be completed (in affect cheating), nanopool doesnt work this way but instead is much more consistent based on 20 min intervals instead of when a block is completed.

As I said, I think whats on whattomine is misleading it paints an over rosy picture for other coins, it doesnt take into account the type of payout, the difficulty in achieving the hashrates, the cost of exchanging to bitcoin first before cash and other factors.

Also it took a lot of effort for me to get on 2 exchanges, getting on another 4 if they have the same kind of verification requirements for id/income etc then its more hassle. Are you saying you able to use those 4 exchanges without going through a verification process? Cause I needed to on bittrex, and that certainly took more than a few mins, it took about a week in fact.

So which exchange you are on that supports no min transaction size to get monacoin to cash (via bitcoin if needed) and can send cash to a visa card?

After another 12 hours so approx 36 hours now, I have 0.26 confirmed and 0.06 unconfirmed.

Is that twice as profitable as eth for 2 1070s?

If I was getting even say 80% of whattomine figures I should have now about 1.3 or more coins.

Seems nanopool cant be beat smile https://www.reddit.com/r/EtherMining/comments/6oiet1...
https://forum.ethereum.org/discussion/14618/suprnova...

Sky Fibre Pro BQM - IPv4 BQM - IPv6

Edited by Chrysalis (Fri 08-Dec-17 20:11:57)

Standard User Chrysalis
(legend) Fri 08-Dec-17 20:02:43
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
You can give me a pool and coin to mine, and I will try it, to see if it can beat x2 ETH revenue smile

The only requirements I ask is the pool does not use PPLNS, and its a coin I can send directly to exchange so I dont need to bother with a wallet either.

Sky Fibre Pro BQM - IPv4 BQM - IPv6
Standard User IranianGiraffe
(experienced) Fri 08-Dec-17 23:46:46
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
CoinsMarket, Coinexchange and Cryptopia I've never sent in any verification at all. I sell the coins to which ever exchange the coin is on and then send the bitcoin to my bitcoin card, Literally just opened an account and soldl the coins, You may well have to verify if you want the cash from the exchange but you wont need to do that as you can already do that.

Monacoin I used the autoexchange from miningpoolhub to exchange it. When you say a minimum transaction size are you talking about from Monacoin to bitcoin or say Monacoin to cash or Bitcoin to cash as I've never had any limit selling coins to bitcoin. I've even sold just 1 coin that's worth less than £ before.
I've not really mined Monacoin tho as it's not the most profitable coin for a 1080ti.
Standard User Chrysalis
(legend) Sat 09-Dec-17 10:45:32
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
It seems to have improved now, 14 hours ago was 0.29

now its 0.58, so another 0.29 in 14 hours and whattoomine has it at about 0.5 coins per day.

The 5 most recent blocks have been done in under the estimated amount of time, so I think this is for sure dependent on block speed which is luck based.

The min size I am talking about from bitcoin to eth or cash, it also applied when I did from zec to bitcoin. The bitcoin to eth/cash was done on cex the zec to bitcoin was done on bittrex. I think it was 0.01 not 0.1 sorry as 0.1 is a lot of value. Bittrex I am not sending to cash or withdrawing to a bank, but I do remember I had to verify to do what I wanted on bittrex. I will check the other 3 exchanges as it sounds like they less strict than bittrex and cex for this purpose.

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Standard User IranianGiraffe
(experienced) Sat 09-Dec-17 14:16:19
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
Ah ok that makes more sense I thought 0.1 bitcoin was way too much .
TBH I've only got the other exchanges for the smaller coins that I mine, although I do mine the smller coins the vaste majority of the time (don't remember the last time I used Bittrex)
0.29 in 14hrs is 0.497 over 24hrs so pretty much spot on with whattomine.
Standard User Chrysalis
(legend) Sun 10-Dec-17 15:15:11
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
bittrex have unverified me for no reason.

So I have lost basic verification which took a LOT of hassle to complete.

Note this quote that without any verification BTC cannot be sent anywhere.

Please check below to see what limit your account falls under.
New/Unverified Accounts: Unverified accounts have a 0 BTC withdrawal limit.
Basic Accounts: Basic accounts can currently withdrawal .4 (or equivalent) BTC per day. This number is configured to be approximately $3000 per day and will periodically change to further align with that target.
Enhanced Accounts: 100 (or equivalent) BTC per day with two-factor enabled


They now saying I have to get enhanced or stay unverified.

Are you sure you cable to send BTC away from bittrex without verification?

--edit--

A bug on their website, summary page shows me as still verified.

Sky Fibre Pro BQM - IPv4 BQM - IPv6

Edited by Chrysalis (Sun 10-Dec-17 16:08:01)

Standard User IranianGiraffe
(experienced) Sun 10-Dec-17 16:24:37
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
I know you say you are verified and it was a bug but if you were not then an easy way around of it would be to buy something like Litecoin and send it somewhere else and then exchange the Litecoin to BTC.
Standard User mrnelster
(eat-sleep-adslguide) Sun 10-Dec-17 19:45:37
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
Hey Willy. wink

What's the 1080 like for mining and what coins would you recommend?
Standard User Lt_Swan
(eat-sleep-adslguide) Mon 11-Dec-17 00:28:02
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
I can get myself approved with a broker. They are all overwhelmed with applications

Word of caution, read the comments https://ie.trustpilot.com/review/coinbase.com

Life..... It's just a game
Swanny
cool
Standard User mrnelster
(eat-sleep-adslguide) Mon 11-Dec-17 07:07:41
Print Post

Re: GPU


[re: Lt_Swan] [link to this post]
 
In reply to a post by Lt_Swan:
I can get myself approved with a broker. They are all overwhelmed with applications

Word of caution, read the comments https://ie.trustpilot.com/review/coinbase.com
Thanks, good shout mate. frown
Standard User IranianGiraffe
(experienced) Mon 11-Dec-17 15:15:06
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
Profit per day for a 1080 is 2nd only to a 1080ti so they are good for mining, The only thing it isn't good at mining is Ethereum and even if it matched others at mining that ETH wouldn't even make the top 10 coin to mine profit wise anyway. All these sites who say it's not good are mainly looking at ETH and Zcash because the 1070 was either better (ETH) or slightly lower (but card cost less) so people dismissed the 1080.
I've got 3 1080s and 2 1080ti so I know how well the 1080 mines.

If you check the whattomine site it generally tells you what's the best coins to mine at the time or 24hrs.
If you can find a coin that isn't listed on the main page like ZCOIN (not Zcash) tho you can find even better profits as a lot of people use whattomine to check whats the best profit not realizing that there are more profitable coins out there if you look around.

Last time I checked a few months ago 1070/1080/1080ti had pretty much the same ROI time wise (think a 1070 was 10 days quicker at completely paying back).

Currently, a 1080ti has only 4 days slower at ROI than a 1080 at around 145days but as they constantly mine faster I'd get a 1080ti over a 1080 as it pays for itself in pretty much the same time but is a vastly superior card so personally I'd get the best possible card you can for the money you are happy to spend as the money comes back in pretty much the same time frame and then after that you have constantly more profit.
The 1070 is decent for mining as well but for gaming as well which I believe you wanted to do I'd deffo pick the other 2 first.
Standard User mrnelster
(eat-sleep-adslguide) Mon 11-Dec-17 19:25:40
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
Cheers Willy

I am tempted to get a 1080 Ti then, as I have a 4k screen and will get a more consistent 60fps with the Ti. Which brand of Ti did you pick up?

Thanks for all the first hand advice. wink
Standard User IranianGiraffe
(experienced) Mon 11-Dec-17 22:20:16
Print Post

Re: GPU


[re: mrnelster] [link to this post]
 
I've got a GIGABYTE AORUS GTX 1080 Ti Xtreme 11Gb because at the time it was on offer and if you register online you get 4 years warranty. (It's fricking huge tho and takes up 3 slots).
The other 1080ti is either a EVGA or MSI I forget now.

I've heard people say the Gigabyte can suffer from coil whine (well apparantly a lot of the 1080ti makes do but more so Gigabyte) but I've not heard anything from mine at all, Maybe because mine is the more expensive one (well now when I got it the price was the same).
Standard User Chrysalis
(legend) Tue 12-Dec-17 11:00:48
Print Post

Re: GPU


[re: Lt_Swan] [link to this post]
 
yep its a ***** to get verified, cex is the only one that did it for me in a timely manner, they have one of the highest fees but their service reflects that.

bittrex took 2 weeks, coinbase I think I tried on both the app and website and its just broken so gave up on it (might have been another exchange not 100% sure it was coinbase).

Sky Fibre Pro BQM - IPv4 BQM - IPv6
Standard User Chrysalis
(legend) Tue 12-Dec-17 11:03:38
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
mona is still going ok, of course whattomine has overestimated its performance (like all the other non ETH coins) but I am now hitting I think about 85-90% of projected performance which is still higher than ETH,

Actually I dont think I am hitting 85-90%.

whattomine claims 0.5 coins possible a day, and I set my withdrawal amount to 1 coin.

It sent out a coin on the 10th october.
Today is the 12th and I currently have with my last and only full coin withdrawn almost exactly 48 hours earlier a balance of 0.79 including unconfirmed coins, but whatttomine claims of 0.5 coins a day should have me at another full coin now So performance is actually nearer 75% of whattomine projects. In fact I think its less than 75% as it wont send until the coin is all confirmed, the confirmed balance is 0.63, so whattomine is over projecting by 37% ouch. Given mona is currently rated as 125%, it means right now I am making less money mining mona than eth.

On average I am getting credited about 0.025 coins every hour or so, but because it relies on luck, sometimes there is large gaps like a 6 hour gap between credits for bad blocks. Nanopool doesnt slow down its payments if there is a bad block, the block performance is just disregarded. They pay on shares per 20 minutes, whilst all the mona pools pay on last N shares per block.

So basically for mona to even match ETH profits whattomine needs to project a 137% profit ratio. this is the point I have been trying to make, its not a true picture. If whatttomine projects 100% for mona, then it will actually pay out less than ETH.

Someone pointed out to me today to look at vivo which I see is at 240%, probably a temporary spike, but I guess if I can sell of small quantities to bitcoin whilst it is spiking it might be worthwhile, I can confirm I was able to sell my 1 coin of mona to bitcoin on bittrex. But I wont be able to convert that bitcoin to cash until I hit 0.01 bitcoin. I dont think I can even send it to another exchange/wallet under 0.01 bitcoin either, so if I sell coins on another exchange and they have similar limits I have a problem.

So as a quick calculation at say 13-14usd value per coin.

I make 1 coin per 3 days (not 2 days as whattoomine claims), thats 10 x 13.50usd a 135usd revenue from monacoin.
Right now nanopool estimates 146 usd a month for 2 gpu's because eth has gone up in value last 4 hours, I think if we assume thats a spike it will go down again to about 132usd.

ZEC was really hard to mine, the algorithm sucks, but it was using nanopool so its payouts were ok.

I will check if bittrezx accepts vivo, if no I will try to get on another exchange, and switch to vivo when I get my next full mona coin sent out, probably another 24 hours.

Sky Fibre Pro BQM - IPv4 BQM - IPv6

Edited by Chrysalis (Tue 12-Dec-17 11:43:56)

Standard User Chrysalis
(legend) Tue 12-Dec-17 11:53:56
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
confirmed it was coinbase, just logged in and still unverified, and still an error when uploading photo. Joke of an exchange to be honest. Plus it supports only 3 coins as well I think, not worth the effort.

Going to register now on cryptopia for VIVO.

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Edited by Chrysalis (Tue 12-Dec-17 11:54:09)

Standard User Chrysalis
(legend) Tue 12-Dec-17 12:08:32
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
I am on cryptopia now, seems unusual they dont have a verification system, first exchange I have seen like that.

I remembered you said you mine direct to exchanges, does this include cryptopia? I dont want to use yet another offline wallet, downloading a block etc.

They have this message.

WARNING! Please do not mine directly to your Cryptopia addresses, We do not support generated transactions from pools like P2Pool etc.


Sky Fibre Pro BQM - IPv4 BQM - IPv6

Edited by Chrysalis (Tue 12-Dec-17 12:08:59)

Standard User Lt_Swan
(eat-sleep-adslguide) Tue 12-Dec-17 13:38:05
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
I'm trying to register with etoro but sent in a picture of my gas bill that was too old. Didn't have my glasses on and didn't check the date properly :/
So now I have to wait for them to refuse then try again Grrr


LTC was 100 the other day now it's almost 300

330 now

Life..... It's just a game
Swanny
cool

Edited by Lt_Swan (Tue 12-Dec-17 14:09:59)

Standard User IranianGiraffe
(experienced) Tue 12-Dec-17 17:24:42
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
Coinbase is horrible, Even after sending multiple items multiple times I gave up after a couple of months as they still hadn't verified me.
Standard User IranianGiraffe
(experienced) Tue 12-Dec-17 17:28:40
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
I actually don't mine directly to exchanges I just know many people who do and have no issues when they mine on say Suprnova and then have autopayout at 2 or more etc depending on coin even to places like Cryptopia, I think the issue maybe if the pool you are using sends you like 0.002 of a coin to the exchange every hour like some do.
Standard User Chrysalis
(legend) Tue 12-Dec-17 17:38:16
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
I been trying to find out how android wallets work, as I find it hard to believe android wallets are like windows wallets downloading several gigs of a blockchain.

I think they are online wallets with the app just a frontend. So I will use the android wallet for VIVO.

The windows wallets I consider the most risky against what guides claim, your hdd fails and bam its gone.

Sky Fibre Pro BQM - IPv4 BQM - IPv6
Standard User Chrysalis
(legend) Tue 12-Dec-17 17:38:56
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
In reply to a post by IranianGiraffe:
I actually don't mine directly to exchanges I just know many people who do and have no issues when they mine on say Suprnova and then have autopayout at 2 or more etc depending on coin even to places like Cryptopia, I think the issue maybe if the pool you are using sends you like 0.002 of a coin to the exchange every hour like some do.


So i guess if you raise the min amount so it sends not too regularly they wont notice.

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Standard User IranianGiraffe
(experienced) Tue 12-Dec-17 17:51:02
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
In reply to a post by Chrysalis:
I been trying to find out how android wallets work, as I find it hard to believe android wallets are like windows wallets downloading several gigs of a blockchain.

I think they are online wallets with the app just a frontend. So I will use the android wallet for VIVO.

The windows wallets I consider the most risky against what guides claim, your hdd fails and bam its gone.



you should always backup the wallet.dat file in multiple places like a USB stick etc then it's fine.
Standard User IranianGiraffe
(experienced) Tue 12-Dec-17 18:31:37
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
Whattomine is based purely on estimates of future difficulty so will very rarely be what they say as people will change to the most profitable coin and so difficulty goes up so less coins and less profit.

Also as I've previously said the 1070 does give a decent return especially when using ETH and although it does OK at mining other coins the 1080 and 1080ti are much better at mining the alt coins and so you can get a much better wider range of being able to make a larger profit, For instance a 1080 is close to 15% better at mining Equihash than a 1070 so when Bitcoin Gold etc is a high profit earner it's $1.15 a day higher than a 1070.
Again it's not so much that a 1070 isnt a good miner as clearly it is but it's just a couple of trick pony and you can only stick to a few coins, The other 2 can do a larger range especially the 1080ti as that does them all well.
It's funny when I see people on mining sites etc claim don't get a 1080 it's horrible for mining etc they are only looking at ETH etc and that's wrong you need to look at all the coins, the ROI on the 1070,1080, 1080ti are all very similar but the thing is when you've paid the card off then the 1080ti gives you more profit each day and it's worth more to sell on.
This isn't a dig at you in anyway I'm just pointing out that it looks like it's harder for you to make a larger profit on the altcoins as the 1070 isn't amazing at mining them so for example if Monacoin isn't paying out as much (current difficulty is 0.45 a day for 2 cards) then it'd not really an improvement where as a 1080 can do a Equihash coin no problem for a nice boost.
Standard User Chrysalis
(legend) Wed 13-Dec-17 00:18:27
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
I agree on the situation with the different cards.

1070 shines on eth due to its gddr5, but the gddr5x isnt so good, hence the 1080 suffering, but of course the extra cuda cores on the 1080 and 1080ti help them on other coins. so for those 2 cards other coins are definitely better than eth at a comfortable margin.

vivo spike has already ended, so even on whattomine now for the 1070 all the altcoins look poor. So I think I am gonna just go back to eth after I trade this monacoin, but the 2 coins I think I am stuck with as I they too low value to cash out.

But looking at the 1080 the altcoins are about 30% stronger than on the 1070. Whilst at the same eth is about 20% weaker than on the 1070. So the gap is a chasm rather than a crack. Even if you take into account the pool issues with last N shares of block etc. the alt coins will be better on a 1080 than a 1070, so I am not disagreeing with you on that.

A 1070ti in theory has the best of both worlds over a 1080 as it only has slightly less cores than a 1080 and still has gddr 5 memory, so good at eth and altcoins, but of course will still suffer compared to a 1080ti on alt coins.

Regarding the bitcoin problem, when bitcoin dips again I will probably buy some more, I will then send it to bittrex, merge it with the small balance and then send it all back to cex so it can be sold at a later date after another growrth spurt..

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Edited by Chrysalis (Wed 13-Dec-17 00:33:16)

Standard User Chrysalis
(legend) Wed 13-Dec-17 20:37:11
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
nanopool estimating 190 usd for 2 gpus, blowing mona out the water. gutted I wasted a few days on mona with this eth value but [censored] happens, win some and lose some.

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Edited by Chrysalis (Wed 13-Dec-17 20:37:57)

Standard User IranianGiraffe
(experienced) Wed 13-Dec-17 22:23:56
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
It will be estimating that much now because of the big increase in the other main alts, over a day or 2 missed it wont be much tho especially as Monacoin went backup to £10 from £8.
Ethereum, Zcash, Monero and especially Litecoin and Dash have gone up crazy recently.
Standard User Chrysalis
(legend) Thu 14-Dec-17 01:46:15
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
Very approximated earnings

Period ETH BTC USD
Minute 0.00000 0.000000 0.005
Hour 0.00041 0.000018 0.300
Day 0.00994 0.000443 7.202
Week 0.06961 0.003106 50.417
Month 0.29833 0.013311 216.074


Nothing to do with value of alt coins, only the value of ETH and share count affects the earnings.

I hope you have read and understood what I explained about the horrible last N shares per block system of most alt coins. Thats the prime reason for what I have been saying with the disappointing alt coin results.

Those figures are for a 6 hour average of 64mH (nanopool estimates are based on previous 6 hour average), so the average will be a bit lower over the month as the hash rate is 60mH. (yes nanopool also actually reports hash rates around what the miner reports, great eh smile )

This is versus 1 monacoin every 3 days worth 15usd, so 150usd for monacoin for a month.

Obviously if ETH dips actual earnings will be lower I am aware. But other coins will drop as well. ETH would need to drop by about 40% more than other coins to be a loser on a 1070 smile

Sky Fibre Pro BQM - IPv4 BQM - IPv6

Edited by Chrysalis (Thu 14-Dec-17 01:52:12)

Standard User IranianGiraffe
(experienced) Thu 14-Dec-17 13:43:46
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
Yeah I fully get what you mean, My point was at the time you were mining Monacoin ETH wasn't estimated at anything close to 216, ETH could of easily just gone down instead and then Monacoin would of been way better, It's just the luck of the draw which side you are on and over 1 or 2 days with just a couple GPU the difference is minimal at best.

The places I mine all use PPLNS which is what nanopool use.

I fully agree for you ETH is better at the moment let's just hope the prices stay high for a while although when the Nicehash guys come back expect quite a big drop across the board everywhere as it's a lot of hashing power.
Standard User Chrysalis
(legend) Sat 16-Dec-17 01:29:11
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
if nicehash has this kind of affect its kind of crazy what influence they have.

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Standard User IranianGiraffe
(experienced) Sat 16-Dec-17 13:25:20
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
They just made a place that was basically an easy place to buy and sell hashing power, You can tell how big an effect they had by the fact they had 4700 Bitcoin stolen. That itself tells you the amount of hashing power from people they had on the markets.
They basically get a load of people together and mine the most profitable coin that someone has paid hashing power for, You can see it on some of the larger ones like Zcash but you can really notice it on the smaller ones when it goes from a profit of £5 a day on a 1080ti to basically breaking even with a crazy difficulty increase.
Standard User Lt_Swan
(eat-sleep-adslguide) Tue 19-Dec-17 10:12:46
Print Post

Bit of a worry if you're investing


[re: Lt_Swan] [link to this post]
 
Bitcoin.com co-founder sells entire stash, calls it ‘virtually unusable’ as a currency

THE co-founder of one of the largest bitcoin websites has sold his entire stash, saying the currency is “virtually unusable”.

Frank Chung@franks_chung

news.com.au

December 19, 20174:03pm

BITCOIN entrepreneur Emil Oldenburg is getting out.

In an interview with Swedish website Breakit, the co-founder and chief technology officer of Bitcoin.com — which offers various services including mining, currency exchange and wallet storage — warned very high fees and long transaction waiting times had made bitcoin “virtually unusable” as a currency.

“An investment in bitcoin right now I would say is the most risky investment you can make. It is an extremely high risk. I’ve actually sold all my bitcoins recently and switched to bitcoin cash,” he said, referring to the bitcoin ‘fork’ designed to allow for faster, cheaper transactions.

Mr Oldenburg did not reveal how much he made, but said several of the Tokyo-based company’s employees had become major winners. “We pay all our 60 employees in bitcoins,” he said. “All my salary over the last three years has been in bitcoin.”

Bitcoin has skyrocketed in value by more than 1900 per cent this year to test $US20,000, but the massive influx of users has put strain on the network, which can only process a limited number of transactions per second.

Users who volunteer higher fees to the “miners” — the computers which continually work together to verify and add to the blockchain — have a greater likelihood of having their transaction processed in the next “block”.

As a result, the average cost to complete a transaction has skyrocketed in recent weeks, from around $US6 to $US26. “It costs a lot to transfer bitcoins to and from the stock exchanges,” Mr Oldenburg said. “When I sold my bitcoin I had to pay $US50 and wait 12 hours for the transaction to go through because of this. It’s completely unreasonable.”
The bitcoin community has been bitterly split on the issue of technology upgrades which would potentially speed up the network. That divide led to the creation in August this year of bitcoin cash, which Mr Oldenburg and his business partner, Bitcoin.com chief executive Roger Ver, have been aggressively promoting.

“It’s a group of fanatic bitcoin Talibans who themselves do not use bitcoin everyday [who] want it like this,” Mr Oldenburg said.


“They see bitcoin like digital gold and a technical experiment, not something you should actually use. It will never be a currency used in everyday life or for people who run companies.

“We have actually stopped developing new services for the old bitcoin network now and focus mostly on bitcoin cash. There it only costs 10 öre ($0.02) to send and no waiting times. The only [downside] is that bigger hard drives are required, but it’s not a problem for most.”

Mr Oldenburg said despite the massive influx of investors pushing up the price of bitcoin, the vast majority had not experienced the low user-friendliness, high fees and long wait times — because most had only bought bitcoin, but never sold or traded the currency.

“As soon as people realise that this is how it works, [they] will start selling,” he said. “The old bitcoin network is virtually unusable.”

He added didn’t think bitcoin would be the “world currency” as some had predicted. “No, I do not think so,” he said. “Not as long as the network is controlled by this group as I mentioned. It’s at bitcoin cash that the solutions are there, that’s where I see a future.”

Life..... It's just a game
Swanny
cool
Standard User IranianGiraffe
(experienced) Tue 19-Dec-17 12:29:38
Print Post

Re: Bit of a worry if you're investing


[re: Lt_Swan] [link to this post]
 
It's a little weird that it's taken him this long to realize that Bitcoin is 'virtually unusable' as a coin it's been like this for around a year not as bad but still pretty shocking (having to pay £5 in fees just to move it no matter how much etc).
I think most of the investors are not in it for it to be used as a currency as such tho they are treating it as a commodity like Gold and other precious metals.

As a currency Bitcoin is horrible for the reasons he mentioned but they've been like that for a while, All I will say is all the major financial places have been trying to say bitcoin is terrible etc time to get out yet some of them were even having investor meetings trying to get investors to buy into it at that very time. Release bad news try to get the price down and buy lower been happening for years, I'm not saying this is the case here as I don't know how big the website is but I didn't even realize that the website existed etc.

Personally myself I'm just in it mainly to mine altcoins and then sell some off for Bitcoin and then sell Bitcoin to get my money back from my GPU's I have and I will then keep some Bitcoin and altcoins that I quite like (well I've actually got a few masternodes on other coins that earn every day).

I have no idea what will happen to Bitcoin and so I won't invest any money in it apart from the money I get from altcoins as I see that as basically free money.

For sure tho there are much better coins out there with a much better potential to be used as a currency to buy stuff than Bitcoin will be, Although Bitcoin do have a few things lined up to try and sort out the issues.
Standard User Chrysalis
(legend) Tue 19-Dec-17 16:56:17
Print Post

Re: Bit of a worry if you're investing


[re: IranianGiraffe] [link to this post]
 
most people already know this of course smile

bitcoin is sort of like gold, you dont use it to buy bread.

If I send eth or bitcoin or whatever, there is a delay, and that reason alone means it can never become a casual currency.

It may have a place for other types of transactions tho, just not for small instant transactions.

eth isnt far off 1000usd by the way currently, crazy stuff.

Also I agree that its likely he is trying to manipulate the market. This is common on spikes.

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Edited by Chrysalis (Tue 19-Dec-17 16:58:03)

Standard User mrnelster
(eat-sleep-adslguide) Tue 19-Dec-17 18:16:41
Print Post

Re: Bit of a worry if you're investing


[re: IranianGiraffe] [link to this post]
 
I watched an interesting RT interview on Youtube yesterday.

https://youtu.be/l6Obc_cJba4

The whole point of crypto currency, was to remove control from the banking industry, and place it back with the individual. Ironically, this ideal seems to have gotten lost amidst a modern day gold rush.

You need to watch it all the way through to get the point I think
Standard User Lt_Swan
(eat-sleep-adslguide) Tue 19-Dec-17 18:37:29
Print Post

Re: Bit of a worry if you're investing


[re: mrnelster] [link to this post]
 
The last thing the banks want to do is lose control of the monetary system

Life..... It's just a game
Swanny
cool
Standard User Chrysalis
(legend) Tue 19-Dec-17 18:47:39
Print Post

Re: Bit of a worry if you're investing


[re: mrnelster] [link to this post]
 
I will watch it yeah.

Your TX has been broadcast to the network. This does not mean it has been mined & sent. During times of extreme volume, it may take 3+ hours to send
<-- 0.4 ETH I didnt realise I had so about 350usd.

So in some respects its obsolete like in transaction speeds.

Might send ETH straight to cex instead of myetherwallet as an intermediate.

Also think I going to activate my main GPU again at these current prices. Not 24/7 but at least overnight and when not gaming.

The banks hate digital currency cause they dont control it, and also doesnt need brokers to trade it either, joe bloggs can trade and get rich from it.

Sky Fibre Pro BQM - IPv4 BQM - IPv6

Edited by Chrysalis (Tue 19-Dec-17 18:49:43)

Standard User IranianGiraffe
(experienced) Wed 20-Dec-17 11:23:46
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
Nicehash apparently backup today so enjoy those higher payouts one last time.
Standard User Chrysalis
(legend) Wed 20-Dec-17 19:11:25
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
seems nicehash is a drain thats making it bad for everyone else frown

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Standard User Chrysalis
(legend) Thu 21-Dec-17 20:55:01
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
the GPU market remains stupid.

I was expecting my 1070 minis to lose value post 1070ti launch, they have actually gone up in value.

I brought them for £350 each 6 months ago.
Now they £400 and a 1070ti is £450.
gtx 1080s close to £600

madness

I dread to think what volta prices will be like.

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Standard User IranianGiraffe
(experienced) Thu 21-Dec-17 23:11:18
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
Where you buying your cards from, 1080s are around £500 on Amazon.

I do agree on the prices though but when the cards ROI is super quick as it currently is it kinda makes sense, 5months of mining and you basically have a free GPU (based on the profit of the 12th most profitable coin at the mo)

Well the Titan V (although the gaming cards don't have quite such specs it should be similar when the 1080ti cane out it was very close to their upper-end relevant model before it came out) was mining around 1/3rd more than a 1080ti with only 140watts and it mined Ethereum at 77Mh/s at only 100watts, So they are definitely going to be wanted by miners providing the mining doesn't implode, I'm hoping there hasn't been a mad rush to buy more recently with the increased prices with NiceHash going down etc as when thats fully up and running again we deffo dont want a shed load more GPU on the market bringing the profit right down.
Standard User IranianGiraffe
(experienced) Fri 22-Dec-17 14:41:17
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
I hope everyone sold there Bitcoin recently, That's quite a end of year fall.
Standard User Chrysalis
(legend) Fri 22-Dec-17 23:01:17
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
not buying from anywhere lately, but I had a look at ocuk as someone told me they were considering get some for mining.

just had another look and they seem to have gone down in price again now.

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Standard User Chrysalis
(legend) Fri 22-Dec-17 23:04:13
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
it was always going to correct, is this down to nicehash tho or just a market correction, does nicehash even mine bitcoin coins?

If it drops another 30% or so then I will buy another batch.

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Standard User IranianGiraffe
(experienced) Sat 23-Dec-17 12:19:59
Print Post

Re: GPU


[re: Chrysalis] [link to this post]
 
Nicehash is just a place which buys and sells hashing power for people for most algorithms, Basically they are just brokers/matchmakers.

So say I want to buy 1GB worth of hashing power of neoscrypt, I pay them in bitcoins and then if it's the most profitable then people who are using Nicehash software their GPU will change to neoscrypt and will mine and Nicehash will pay them in bitcoin and I get my neoscrypt and Nicehash take a cut from what I Paid to what they pay the miners (apparently rumoured at around 10%.)

I think it's a combo of a few things regarding the drop in price. Definitely market correction as the so-called 'crash' price that sites are reporting is still higher than Bitcoin was a month ago, Nicehash have paid out that day tho and with the amount people lost before I think a fair few would of sold this time to make sure they got some money.

A lot of investors also will have sold before the holidays as they will be away (happens every end of year).

My guess is it will continue it's upward trend overall but I really don't know and personally wont be using any of my money in it but I'll probably leave some of my mining profit on it.
Standard User Chrysalis
(legend) Sat 23-Dec-17 22:35:37
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
hmm just got this from CEX, is currently closed now to new signups. Currently I got just over 400USD in there, mostly from that 0.4 ETH I sold, currently nanopool is at 0.099 ETH so another 0,1 ETH soon to be put there, then I am gonna empty my balance out as soon as possible given their delays etc.

CEX.IO Status Update
In 2013, we have started CEX.IO with the mission to enable as many people as possible to participate in cryptocurrency markets.
Making it easier and simpler for anyone to derive the value from the growing ecosystem was the major driver for all the business decisions we have made. Yet, maintaining the best industry standards to build trust with our users was the principle we have always upheld as our highest priority.
As 2017 has shown explosive growth of interest to cryptocurrencies, we have been an exchange of choice for many of those who are just joining the market. Our user base grew 200% this year.
In November alone, the number of registrations was 9 times higher compared to November 2016. During the first 20 days of December 2017, more than 300,000 people became our customers. We’ve been excited by this growth and also humbled by the loyalty of our existing users.
The inflow of registrations, however, has put additional pressures on our support and verification teams. To maintain security that has earned CEX.IO the reputation of the trusted exchange, we choose to stick to our strict AML and KYC policies, even if it comes at the expense of on-boarding speed.
We believe that keeping our principles intact while improving internal processes is the best long-term strategy.
In this light, there are some matters we would like to clarify and commitments we want to restate to our users.
Delays in withdrawal processing
Temporary suspension of Visa withdrawals has caused an influx of withdrawals via alternative methods. That resulted in additional delays and some need for selective manual transaction processing. Our team is focused on fixing the technical issues with Visa and clearing the backlog. Please note that our relationships with Visa and MasterCard remain intact.
Delays in verification processing
As we stated above, the flood of new registrations has congested our verification function. Our KYC and AML procedures impose a certain amount of time required for each registration to process. Going below this time would be an equivalent to stepping away from our commitment to best industry standards. Hence, instead, we choose to temporary pause new registrations and allocate extra efforts and resources to processing the current queue.
Our security and liquidity
There have been some speculations that our security may have been compromised or we may be experiencing liquidity issues. None of these claims are true. Both our technical security and our financial position are continuously monitored and remain solid.
Note that we are not alone experiencing delays and technical glitches in this time of accelerated growth. Many of our counterparts in the industry have been in the same boat and have taken measures varying from halting registrations to even going dark for some periods of time. We are working non-stop on shortening the delays and improving the processes so that our clients can continue using our services uninterrupted.
Going forward
We are honored to have earned the trust of our clients, and we are committed to maintaining this trust. We recognize that, for a moment, the size of our support and verification teams was not adequate to respond to the increased demand for our services. We are now adding more resources and doubling the size of these teams. Rest assured, every ticket will get processed and resolved.
We will be providing frequent status updates via Twitter and Facebook.
Thank you for your trust, loyalty, and support. It means a lot to us, and we are committed to providing the best services to our clients.
With gratitude,
CEX.io team


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Edited by Chrysalis (Sat 23-Dec-17 22:41:30)

Standard User Chrysalis
(legend) Sun 24-Dec-17 13:35:23
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Re: GPU


[re: Chrysalis] [link to this post]
 
and now its down for "maintenance" ?

weird, wish I withdrawn last night now.

--edit--

Is back up now and was blessing in disguise as eth went up by 50USD in value from earlier so got a bit more for the 0.1 I just sold.

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Edited by Chrysalis (Sun 24-Dec-17 16:26:02)

Standard User IranianGiraffe
(experienced) Sat 06-Jan-18 23:08:56
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
In reply to a post by IranianGiraffe:
Personally think people are in love with "Masternode" coins at the moment.

Was mining Solaris coin before it switched algorithm to allow for master nodes when it was 20p ish a coin, It's now around 68p a coin (although did hit £1)
I managed to mine around 350 of them and then purchased the remaining 650 or so for £175 so I've got a masternode setup and running myself as I was quite confident it was going to go up in price with the returns from the masternodes .

Smartcash (4p each) and Zencash (£8 each) could well be ones to keep an eye on (both have a nice mining return at the moment, The prices mentioned have already gone up a fair bit in the last few days but people haven't even seen the returns yet so they could go up even more.
Zencash has secure nodes coming in and if the returns are as they look then the ROI is going to be crazy good and can deffo see the price going up with people buying them up.
Smartcash are giving a % of the blocks mined to people holding over 1000 coins and not selling any every month as well so I can see people buying a few of them as well, This is in no way financial advise just something I will look for as like I said they are already profitable to mine so may well just hold on mine for a little bit to see if the above may happen.


Just a quick update here on some of the coins I mentioned in October that I thought people may well fall in love with.

Zencash was £8 and is now £37, Smartcash was 4p now 36p and my personal favorite and the reason I'm updating this thread Solaris was 68p now £30 (has hit higher), I mentioned I had a master node of that coin and it was basically giving me 2 coins daily just for holding onto 1000 of the coins, Well I've finally decided to sell the masternode as if the coin tanks I'll never be able to forgive myself for not taking the profit.

My main reason for updating though is I'm going to go a little bit nuts with my new build after my nice profit, Not completely decided on it yet but going to go for either a Ryzen 1800x or Threadripper 1950x (don't need all that power but I use the computer to work with so anything is good and I can use half of it to mine at the same time , I'm going to water cool it myself as well and have at least 2 x 1080ti in there and if I can get another one to fit I will put in a 3rd.
I was tempted to wait for the new Volta cards to be released as they look like they could do around 1/3rd more than a 1080ti but I'm going to be building a few more mining PC's anyway so I could esaily just remove them out of the one main PC and put them in another mining PC instead.
Mining with 5 cards sure does put the electricity bill higher, Then again the heating in the room it's in is never on as it makes it nice and toasty in there.
Standard User astateoftrance
(fountain of knowledge) Sat 06-Jan-18 23:30:23
Print Post

Re: GPU


[re: IranianGiraffe] [link to this post]
 
So are you saying you have got £30k+ from Solaris?!

Not getting into cryptocurrencies has been a big regret having been a pc builder/gamer since the 90's, feel I should have been on the ball and got into it at the beginning. Oh well.
Standard User Lt_Swan
(eat-sleep-adslguide) Sun 07-Jan-18 23:55:32
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Re: GPU


[re: astateoftrance] [link to this post]
 
Hindsight is a wonderful thing. I'd be living in a beach house in Thailand now if I knew what I know now

Life..... It's just a game
Swanny
cool
Standard User astateoftrance
(fountain of knowledge) Tue 09-Jan-18 20:10:47
Print Post

Re: GPU


[re: Lt_Swan] [link to this post]
 
smile
Standard User Chrysalis
(legend) Wed 10-Jan-18 09:25:30
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Re: GPU


[re: IranianGiraffe] [link to this post]
 
congrats man, I probably dint take too much notice of your post especially as I am not keen mining alt coins, but in terms of "buying" coins perhaps I should have gave it more attention. I have always seem alt coins as a riskier purchase as I dont think they will be long term as steady as bitcoin, but they definitely do have larger growth spurts as you have benefited from.

Feel free to give us other tips in here, as other new coins might pop up, I may purchase some alt coins based on those tips.

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