Message from @Polygon
Discord ID: 423666084638621708
I mine and have plenty knowledge as to the most cost effective cards for different hashrates, lol. Don't try and debunk my argument and say I don't know what I'm talking about without numbers. @SchloppyDoggo Also, there are ASIC miners for other algorithms rather than just SHA256 so that statement is flat out wrong. Also saying you found a more efficient version of the same GPU is retarded, the only thing that draws power is the GPU itself, the particular model (evga ftw, MSI aero, etc) has no effect on power efficiency. If it had a higher base clock at factory clocks, then you could adjust down to account for power and the voltage will automatically regulate back down. Also, a flashed Vega 64 can get 2000h/s for cryptonight. The 1070ti can't get more than 700. Even if the Vega is drawing 2x as much wattage if is way more cost effective, especially given relative market cost.
So don't shit talk me lol
you are one ignorant faggot
And note, if you did GPU mining, you'd know you get a mining performance advantage from overclocking the VRAM. If you have a Vega 64 with Samsung HBM, you've fuckin scored
dont ever @ me again. thanks.
Calling me an ignorant faggot but can't prove me wrong with numbers, can you @SchloppyDoggo ?
Thought not
>calls me ignorant >everything said by them is wrong
The only thing you said that was accurate was that GPU's are more versatile because they can mine most any algorithm. Congrats, you stated common knowledge for an entry level miner.
Please don't argue against me, thanks. I only argue with people who actually know about the subject and rather than get petty and try insulting the other person, has a respectable discussion.
Also don't make arguments on a open discussion that insults other people if you can't handle being argued against, makes you look like a jerkwad. You don't have the balls to respond with an actual fact-based counter-argument because you don't have one.
Bitmain's ASICs are great, but they're hot, they're expensive, and they have no resale value
About 1 year ago, something like the Antminer S9 would've been a great investment, especially for the return you'd have by now.
If there was a really well priced cryptonight ASIC, I'd probably be on it asap.
you spend 1200-2000 dollars, depending on if it's a preorder, or if you buy it afterwards. They take 1200W of power, and they're good for about a year and a half, the S9 doesn't make enough money for it to be profitable anymore, in most cases
the difficulty of cryptocurrency mining has increased exponentially
Yeah it doesn't, but it used to not too long ago. Around new year, that's when there was a huge drop in mining profitability all around.
I *almost* bought the S9 7 months ago
I used to get as much as $11.50 a day with 1x1070 and 2x760's on ETN with cryptonight algorithm.
I got abouttttttt 6 bucks on my dual xeons and a 980
Get about 700h/s with 1070 and 350 for each 760
right now I get 50 cents a day per GTX 1060, of which I have 6
back when I first built it, I got about 1.25 per
Between my full rig, I'd probably get no more than 3.5 a day in ETN
That's 1575h/s on cryptonight for ETN
what miner do you use?
Actually I'd probably get less than that, that's why I quit mining it and gave up on mining.
I use a shell, custom set up.
Xmr-stak
I use nicehash, but it seems to take a bit of my money
ah
It's called xmr-stak because XMR is monero and it can function as a monero miner
But also for ETN
Same algo and I use a mining pool
Or technically used
I started a bit late and without great optimization/constant running for mining, so I only have 2400 ETN and that ain't worth jack.
Especially because of price drop. According to how the market reacts though, it could jump up and turn a pretty great profit. Especially if it goes back to around 20C
Then that's like $480
I'm hoping to hold and watch it, hoping for more adoption in the U.K. To influence a spike and that's when I'll cash out. They just got on more exchanges and have made some deals that could bring the currency back up again.