Message from @Wayne

Discord ID: 423666159741698068


2018-03-15 02:04:09 UTC  

So don't shit talk me lol

2018-03-15 02:05:28 UTC  

you are one ignorant faggot

2018-03-15 02:05:54 UTC  

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

2018-03-15 02:06:14 UTC  

dont ever @ me again. thanks.

2018-03-15 02:06:30 UTC  

Calling me an ignorant faggot but can't prove me wrong with numbers, can you @SchloppyDoggo ?

2018-03-15 02:06:35 UTC  

Thought not

2018-03-15 02:07:06 UTC  

>calls me ignorant >everything said by them is wrong

2018-03-15 02:07:59 UTC  

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.

2018-03-15 02:09:11 UTC  

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.

2018-03-15 02:12:05 UTC  

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.

2018-03-15 02:15:05 UTC  

Bitmain's ASICs are great, but they're hot, they're expensive, and they have no resale value

2018-03-15 02:15:48 UTC  

About 1 year ago, something like the Antminer S9 would've been a great investment, especially for the return you'd have by now.

2018-03-15 02:16:15 UTC  

If there was a really well priced cryptonight ASIC, I'd probably be on it asap.

2018-03-15 02:16:19 UTC  

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

2018-03-15 02:16:52 UTC  

the difficulty of cryptocurrency mining has increased exponentially

2018-03-15 02:16:56 UTC  

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.

2018-03-15 02:17:16 UTC  

I *almost* bought the S9 7 months ago

2018-03-15 02:17:40 UTC  

I used to get as much as $11.50 a day with 1x1070 and 2x760's on ETN with cryptonight algorithm.

2018-03-15 02:17:45 UTC  

kinda glad I didn't, with how the market went

2018-03-15 02:17:58 UTC  

I got abouttttttt 6 bucks on my dual xeons and a 980

2018-03-15 02:18:03 UTC  

Get about 700h/s with 1070 and 350 for each 760

2018-03-15 02:18:35 UTC  

right now I get 50 cents a day per GTX 1060, of which I have 6

2018-03-15 02:19:04 UTC  

back when I first built it, I got about 1.25 per

2018-03-15 02:19:27 UTC  

Between my full rig, I'd probably get no more than 3.5 a day in ETN

2018-03-15 02:19:49 UTC  

That's 1575h/s on cryptonight for ETN

2018-03-15 02:20:26 UTC  

what miner do you use?

2018-03-15 02:20:32 UTC  

Actually I'd probably get less than that, that's why I quit mining it and gave up on mining.

2018-03-15 02:20:40 UTC  

I use a shell, custom set up.

2018-03-15 02:20:48 UTC  

Xmr-stak

2018-03-15 02:20:49 UTC  

I use nicehash, but it seems to take a bit of my money

2018-03-15 02:20:52 UTC  

ah

2018-03-15 02:21:22 UTC  

It's called xmr-stak because XMR is monero and it can function as a monero miner

2018-03-15 02:21:26 UTC  

But also for ETN

2018-03-15 02:21:38 UTC  

Same algo and I use a mining pool

2018-03-15 02:21:43 UTC  

Or technically used

2018-03-15 02:22:13 UTC  

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.

2018-03-15 02:22:49 UTC  

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

2018-03-15 02:23:02 UTC  

Then that's like $480

2018-03-15 02:23:54 UTC  

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.

2018-03-15 02:28:05 UTC  

The best way to do it is find out how much you get a day average between every month, then calculate cost of electricity and divide amount of coins gained by electricity cost, and that gives you the equivalent amount it costed you for each coin relative to buying the coin on the market (more accurately if you mean it over each day of the month)

2018-03-15 02:30:15 UTC  

So I did all of the math and everything to know my position, but since it's a personal computer and I want it for personal needs rather than to mine all of the time, and the cost of GPU's was getting excessively high at the time I was considering maybe investing in rx580's/vega64's, I gave up on that idea because of shitty mining performance and shitty market on hardware. Which is bullshit, there's no way that the GPU's have this much demand anymore with such shitty fucking payoff for crypto mining. Seems like distributors are just fucking with us at this rate.