|
11-30-2017, 09:36 PM | #24 |
Private
57
Rep 42
Posts Drives: '12 135i ///M-Sport Join Date: Oct 2015
Location: Virginia
|
I bought 2 1070 Tis on release day for mining. Fantastic cards. I really want to try out a Vega 56 though.
|
Appreciate
0
|
12-05-2017, 12:04 AM | #26 |
Lieutenant General
11724
Rep 11,191
Posts |
What about all the other cryptocurrencies like Dash and Monero? Is it all just hype at this point, or are folks just trying to throw $1K at something in the hopes that it'll turn into a million a year from now?
|
Appreciate
0
|
12-05-2017, 12:28 AM | #27 | |
General
906
Rep 1,004
Posts Drives: 2008 BMW 135i (E88 N54 6AT) Join Date: Aug 2016
Location: Sunshine Coast QLD Australia
|
Quote:
There are advantages / disadvantages to each; but BTC is the most popular and the general investors understanding of its advantages / disadvantages / technical design is outstandingly inaccurate.... so investing in Dash because it's technically superior to BTC is like investing in Betamax in the early 80's (or whenever it was neck and neck with VHS - I'm not saying Dash will fail, I'm saying the technical specifications aren't what's driving the price). People have seen BTC go from $37 to $11,000. Ethereum has gone from $45 to $450 in six months. Dash has gone from $6 to $700. They're just throwing $1,000 into anything else that has some potential and are hoping that one out of 10 of them will go up 100x. |
|
Appreciate
1
P111724.00 |
12-05-2017, 11:05 AM | #28 |
Brigadier General
1147
Rep 3,269
Posts |
I have been running my 1080 and 1060s. gotten about $15 since the weekend. This is definitely a slow moving thing and like most said probably better to just throw some money at it on the exchange.
I'm still debating doing a 1070ti rig maybe 4 gpus.
__________________
2022 BSM/FR M4 Competition X-Drive 2017 MW/SO M4 ZCP [SOLD] • 2015 MW/SO M4 M-DCT FBO [SOLD] • 2011 AW/CR 335is DCT FBO [SOLD] • 2008 AW/CR 335i 6MT FBO [SOLD] |
Appreciate
0
|
12-05-2017, 12:11 PM | #30 | |
Brigadier General
1147
Rep 3,269
Posts |
Quote:
There's no short term damage to the psu but the gpu fans will be running at close to max speed so long term wear might be a factor sooner. The more cooling the better
__________________
2022 BSM/FR M4 Competition X-Drive 2017 MW/SO M4 ZCP [SOLD] • 2015 MW/SO M4 M-DCT FBO [SOLD] • 2011 AW/CR 335is DCT FBO [SOLD] • 2008 AW/CR 335i 6MT FBO [SOLD] |
|
Appreciate
1
R3dliner938.50 |
12-05-2017, 04:17 PM | #31 |
Major General
966
Rep 5,555
Posts |
$15 bucks? how many days and how many cards?
|
Appreciate
0
|
12-05-2017, 04:19 PM | #32 | ||
Major General
966
Rep 5,555
Posts |
Quote:
Quote:
|
||
Appreciate
0
|
12-05-2017, 04:32 PM | #33 |
Brigadier General
1147
Rep 3,269
Posts |
GTX 1080 and GTX 1060, separate systems. Running since approx. 3am on Sunday
__________________
2022 BSM/FR M4 Competition X-Drive 2017 MW/SO M4 ZCP [SOLD] • 2015 MW/SO M4 M-DCT FBO [SOLD] • 2011 AW/CR 335is DCT FBO [SOLD] • 2008 AW/CR 335i 6MT FBO [SOLD] |
Appreciate
0
|
12-05-2017, 04:39 PM | #34 |
Major General
966
Rep 5,555
Posts |
I am getting hit from 2 sides with 2 of my buddies wanting to mine. I have no clue about this mining stuff but recently learned that those 1070ti maybe 6 of them should generate roughly $500 per month. But this stuff aint cheap, you are looking at $3500-4000 rig and the biggest question in 7-8 month when rig pays for itself will you be generating any profits due to prices and difficultly?
I looked at Antminers as well. I read S9s have 20% failure rate, near zero customer service and warranty. Its a 3 month wait time to get one (I guess it could be more because you can expect anything from China), and its the same story....even if you do get one in 3 month, even if it does work, will it still make money in 6 month or even 3? Ps. Antminers released T9 in January which is supposed to be more reliable then S9, but thats not even available to preorder |
Appreciate
0
|
12-05-2017, 04:42 PM | #35 |
Brigadier General
1147
Rep 3,269
Posts |
The GTX series and the and equivalent will be easier to sell if u need to get rid of them. I'm going to stick with 1070ti if I do a mining rig. I already ordered the Mobo and CPU for the hell of it.
|
Appreciate
0
|
12-05-2017, 04:46 PM | #36 | |
Major General
966
Rep 5,555
Posts |
Quote:
I like how one guy commented in some forum. During gold rush people made money on selling shovels not gold |
|
Appreciate
0
|
12-05-2017, 05:55 PM | #37 |
Brigadier General
1147
Rep 3,269
Posts |
Agreed about the market being flooded. But at the end of the day it'll still be easier to sell than mining specific cards. Hopefully if/when that does happen you'd have recuperated at least a little bit of your costs
|
Appreciate
0
|
12-05-2017, 07:03 PM | #38 | |
Colonel
2711
Rep 2,373
Posts |
Quote:
I'm a techie.
__________________
2015 Black Sapphire Metallic 6MT M4
|
|
Appreciate
0
|
12-06-2017, 07:23 PM | #39 |
Major General
966
Rep 5,555
Posts |
|
Appreciate
0
|
12-07-2017, 07:59 AM | #40 | |
Brigadier General
1147
Rep 3,269
Posts |
Quote:
I had my wallet at coinbase but didn't get a payout so I guess I'm out $20 and a few days of mining.
__________________
2022 BSM/FR M4 Competition X-Drive 2017 MW/SO M4 ZCP [SOLD] • 2015 MW/SO M4 M-DCT FBO [SOLD] • 2011 AW/CR 335is DCT FBO [SOLD] • 2008 AW/CR 335i 6MT FBO [SOLD] |
|
Appreciate
0
|
12-07-2017, 03:02 PM | #42 |
Major General
966
Rep 5,555
Posts |
Hackers must be having a blast with all this crypto currency
PS. Saw a YouTube of some guy, he spend $80k on Bitmain miners about a year ago. I calculated, at $20k for 1 Bitcoin he has about $5 million today and he didnt do shit, just paid a guy to set everything up for him. Drives Bentayga |
Appreciate
0
|
12-07-2017, 03:39 PM | #43 |
Sergeant First Class
86
Rep 150
Posts |
Personally i feel its a little late in the game to get into it and it all seems a little risky to me i will stick with the conservative methods such as the stock market precious metals and property.
|
Appreciate
0
|
Bookmarks |
|
|