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Author Topic: 8th Alt coin thread. Or what to do now that asics are all over the place.  (Read 81561 times)
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philipma1957 (OP)
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February 24, 2019, 11:40:13 PM
 #1741

anyone   get the gtx 1660ti?


























btc tester

34T2dcMozyihmWerr6ToNv2XMrHdg6RDcX



ltc tester

LSUd5DLEuZhTYaerq8Kx9CYS7b6chCwnAf

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 AltairTech.io    Miners  Parts 🖰 Accessories 
_______Based in Missouri, USA._________________Your One-Stop Shop for Bitcoin Mining Solutions_____________________Mining Farm Consulting__________
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dragonmike
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February 25, 2019, 12:36:13 PM
 #1742

anyone   get the gtx 1660ti?


























btc tester

34T2dcMozyihmWerr6ToNv2XMrHdg6RDcX



ltc tester

LSUd5DLEuZhTYaerq8Kx9CYS7b6chCwnAf

No, have you?
I'm reading stuff around forums and youtube videos... Figures being flaunted like 24MH/s Ethash (who cares), 20 MH/s x16r (that's better)... If you ask me, it looks to be a very, VERY efficient card. close to GTX 1080 performance for RX 570 wattage (and price). Quite impressive.
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February 25, 2019, 01:05:36 PM
 #1743

I'm reading stuff around forums and youtube videos... Figures being flaunted like 24MH/s Ethash (who cares), 20 MH/s x16r (that's better)... If you ask me, it looks to be a very, VERY efficient card. close to GTX 1080 performance for RX 570 wattage (and price). Quite impressive.
Yeah that ETH number is meh but 20 on x16r isn't that bad.. but my 1080tis are barely breaking even on x16r as it is with $0.11 power.

Want increased coin support within AwesomeMiner? Try my free plugin to add support for nearly any coin! https://asktom.cf/index.php?topic=2979494
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philipma1957 (OP)
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March 01, 2019, 04:30:50 AM
 #1744

I'm reading stuff around forums and youtube videos... Figures being flaunted like 24MH/s Ethash (who cares), 20 MH/s x16r (that's better)... If you ask me, it looks to be a very, VERY efficient card. close to GTX 1080 performance for RX 570 wattage (and price). Quite impressive.
Yeah that ETH number is meh but 20 on x16r isn't that bad.. but my 1080tis are barely breaking even on x16r as it is with $0.11 power.

how much power and hash with your 1080ti's on x16r

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_______Based in Missouri, USA._________________Your One-Stop Shop for Bitcoin Mining Solutions_____________________Mining Farm Consulting__________
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dragonmike
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March 01, 2019, 12:22:52 PM
 #1745

I'm reading stuff around forums and youtube videos... Figures being flaunted like 24MH/s Ethash (who cares), 20 MH/s x16r (that's better)... If you ask me, it looks to be a very, VERY efficient card. close to GTX 1080 performance for RX 570 wattage (and price). Quite impressive.
Yeah that ETH number is meh but 20 on x16r isn't that bad.. but my 1080tis are barely breaking even on x16r as it is with $0.11 power.
...but then again, a 2060 will do 25MH/s on x16r for $50 and 20W more. That's pretty good too.
Ah well, with the 1660's and 1550 Ti's and what not it looks like nVidia is really releasing a crapton of cards to corner every part of the market now. Every $50 you get another card.
philipma1957 (OP)
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March 02, 2019, 03:45:47 PM
Last edit: March 02, 2019, 04:55:52 PM by philipma1957
 #1746

I just returned a rtx 2070  pretty good card.

I may get a 1660ti next













test address below

it is for sv bitcoincash

bitcoincash:qq748m6m69sge7tym6r7wugp2radsvkv55v3gq377d





new

bitcoincash:qzkeun7ym7mjerqypd7fe3fjgqmztvlqq5vddm7ys5

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 AltairTech.io    Miners  Parts 🖰 Accessories 
_______Based in Missouri, USA._________________Your One-Stop Shop for Bitcoin Mining Solutions_____________________Mining Farm Consulting__________
.
.🛒SHOP NOW .
Marvell2
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March 03, 2019, 02:19:50 PM
 #1747

I'm reading stuff around forums and youtube videos... Figures being flaunted like 24MH/s Ethash (who cares), 20 MH/s x16r (that's better)... If you ask me, it looks to be a very, VERY efficient card. close to GTX 1080 performance for RX 570 wattage (and price). Quite impressive.
Yeah that ETH number is meh but 20 on x16r isn't that bad.. but my 1080tis are barely breaking even on x16r as it is with $0.11 power.

how much power and hash with your 1080ti's on x16r
1080s ti does like 25 to 30 , not looked at power use tho
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March 04, 2019, 06:34:04 AM
 #1748

Well been out of the mining loop for a while. Was hoping to re-start my ETH mining after the ETH fork if the price > $200 or so. However looks like profitability is worse now than before and nets like a nickel a day, whereas before it net a dime a day.

Wondering if anything special is coming up? I heard there is a potential XMR fork with an anti-ASIC algo and there is some ETH ProgPOW in the works. Any idea if these will actually happen ?

Too attached to my RX GPUs and R9 290 to sell them on eBay , will just keep them in the basement for a while until maybe one day they will become useful again.
herrdrone
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March 04, 2019, 10:07:54 PM
 #1749

Well been out of the mining loop for a while. Was hoping to re-start my ETH mining after the ETH fork if the price > $200 or so. However looks like profitability is worse now than before and nets like a nickel a day, whereas before it net a dime a day.

Wondering if anything special is coming up? I heard there is a potential XMR fork with an anti-ASIC algo and there is some ETH ProgPOW in the works. Any idea if these will actually happen ?

Too attached to my RX GPUs and R9 290 to sell them on eBay , will just keep them in the basement for a while until maybe one day they will become useful again.

XMR's POW will be tweaked again on March 9 at block 1788000: https://www.reddit.com/r/MoneroMining/comments/awx4jg/you_must_update_your_miners_for_the_march_9/
Yet, there is a discussion to implement Random X as long term solution: https://www.reddit.com/r/Monero/comments/aovypq/randomx_asic_resistant_pow_community_feedback/

ETH's ProgPoW is still work in progress. Zcash dropped the ball: https://github.com/ZcashFoundation/GrantProposals-2018Q2/issues/15

RAVENCOIN BENCHMARKS-> https://ravencoinhashrate.space/
abhiseshakana
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March 05, 2019, 01:59:30 AM
 #1750

Well been out of the mining loop for a while. Was hoping to re-start my ETH mining after the ETH fork if the price > $200 or so. However looks like profitability is worse now than before and nets like a nickel a day, whereas before it net a dime a day.

Wondering if anything special is coming up? I heard there is a potential XMR fork with an anti-ASIC algo and there is some ETH ProgPOW in the works. Any idea if these will actually happen ?

Too attached to my RX GPUs and R9 290 to sell them on eBay , will just keep them in the basement for a while until maybe one day they will become useful again.

It has happened to me .... My earnings have roughly more than halved from October due to a falling rate of profit in altcoin mining, so I simply turn off my rig and it almost 5 months now.

I'm not lucky enough to get cheap electricity, my costs is 0.105 kwh and it's really hard to mine, an even for a new coin with high profitability because difficulty can blow up if it suddenly gets hit by huge mining power when a lot of miners know that coin have profitability to mine.

Hopefully, with the next halving event expected to happen in the next year will be bringing a significant impact on altcoin mining. 

 
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Marvell2
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March 05, 2019, 04:20:37 AM
 #1751

Well been out of the mining loop for a while. Was hoping to re-start my ETH mining after the ETH fork if the price > $200 or so. However looks like profitability is worse now than before and nets like a nickel a day, whereas before it net a dime a day.

Wondering if anything special is coming up? I heard there is a potential XMR fork with an anti-ASIC algo and there is some ETH ProgPOW in the works. Any idea if these will actually happen ?

Too attached to my RX GPUs and R9 290 to sell them on eBay , will just keep them in the basement for a while until maybe one day they will become useful again.

It has happened to me .... My earnings have roughly more than halved from October due to a falling rate of profit in altcoin mining, so I simply turn off my rig and it almost 5 months now.

I'm not lucky enough to get cheap electricity, my costs is 0.105 kwh and it's really hard to mine, an even for a new coin with high profitability because difficulty can blow up if it suddenly gets hit by huge mining power when a lot of miners know that coin have profitability to mine.

Hopefully, with the next halving event expected to happen in the next year will be bringing a significant impact on altcoin mining. 
Unfortunately this is the wrong choice , unless you are buying crypto, might as well sell your rigs because if it does become profitable again lots of ppl will jump in and back to square one.  this is the time to utilize your rigs and mine at a bit of a losss and hold your mined assets. Or trade the gear in for crypto
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March 05, 2019, 06:52:43 AM
 #1752

Well been out of the mining loop for a while. Was hoping to re-start my ETH mining after the ETH fork if the price > $200 or so. However looks like profitability is worse now than before and nets like a nickel a day, whereas before it net a dime a day.

Wondering if anything special is coming up? I heard there is a potential XMR fork with an anti-ASIC algo and there is some ETH ProgPOW in the works. Any idea if these will actually happen ?

Too attached to my RX GPUs and R9 290 to sell them on eBay , will just keep them in the basement for a while until maybe one day they will become useful again.

It has happened to me .... My earnings have roughly more than halved from October due to a falling rate of profit in altcoin mining, so I simply turn off my rig and it almost 5 months now.

I'm not lucky enough to get cheap electricity, my costs is 0.105 kwh and it's really hard to mine, an even for a new coin with high profitability because difficulty can blow up if it suddenly gets hit by huge mining power when a lot of miners know that coin have profitability to mine.

Hopefully, with the next halving event expected to happen in the next year will be bringing a significant impact on altcoin mining. 
Unfortunately this is the wrong choice , unless you are buying crypto, might as well sell your rigs because if it does become profitable again lots of ppl will jump in and back to square one.  this is the time to utilize your rigs and mine at a bit of a losss and hold your mined assets. Or trade the gear in for crypto

I realized this also however right now since mining is not profitable at all, there isn't too much demand for these mining GPUs. Hence you would need to sell them very cheap and you are better off just holding on to them unless you got some 1080Ti you need to desperately unload to pay off your Newegg Credit card bills.

I predict that most likely the value of GPUs won't be that much different in 6-12 months time. So you are better off just waiting and when the profitability comes back either mine then or just sell your rigs then.
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March 05, 2019, 09:33:10 AM
 #1753

I realized this also however right now since mining is not profitable at all, there isn't too much demand for these mining GPUs. Hence you would need to sell them very cheap and you are better off just holding on to them unless you got some 1080Ti you need to desperately unload to pay off your Newegg Credit card bills.

I predict that most likely the value of GPUs won't be that much different in 6-12 months time. So you are better off just waiting and when the profitability comes back either mine then or just sell your rigs then.

Yeah, you were right. I'm still looking for an opportunity to mine again later, but if I realize that day will never come (when my patience will wear out someday) i'll sell all of my gears for a fair price.

Luckily I bought my gears when the break-even barriers not getting bigger as now. I started mining in mid-2016 btw and for my latest rigs, it reaches breakeven at the end of 2017.

 
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crazydane
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March 05, 2019, 12:20:14 PM
 #1754

When you guys sell rigs, do you typically box the GPU's back up and sell them individually, or do you sell the rigs whole?

I got 3x 1060 3GB rigs that I will be shutting down permanently soon.  2 of them have 8 GPUs and the 3rd one has 7.  It would be much easier to do 3 transactions instead of 23, but I have a feeling I would take a big loss selling the rigs whole vs. individual cards.

With patience, I should be able to sell each GPU for $100-110, but I doubt anyone would pay ~ $1k for a 8x 1060 3GB rig (with mobo, , CPU, PSU, etc).  Besides, by selling only the GPU's, I'd still have the base system for loading up with new 7nm GPU's in a few years, should mining become a thing again.
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March 05, 2019, 06:07:54 PM
 #1755

When you guys sell rigs, do you typically box the GPU's back up and sell them individually, or do you sell the rigs whole?

I got 3x 1060 3GB rigs that I will be shutting down permanently soon.  2 of them have 8 GPUs and the 3rd one has 7.  It would be much easier to do 3 transactions instead of 23, but I have a feeling I would take a big loss selling the rigs whole vs. individual cards.

With patience, I should be able to sell each GPU for $100-110, but I doubt anyone would pay ~ $1k for a 8x 1060 3GB rig (with mobo, , CPU, PSU, etc).  Besides, by selling only the GPU's, I'd still have the base system for loading up with new 7nm GPU's in a few years, should mining become a thing again.
I think you hit the nail on the head.
I'm seeing GPUs bid up quite nicely (especially the higher-end ones though - not too many bids on the RX cards over here in the UK at first glance) but mining rigs don't seem to be fetching a lot of interest. Maybe it's because it scares off a lot of people, who otherwise would blissfully have bought GPUs from you, thinking you were gaming with them...

An idea would be to snap up cheap used mining rigs and sell the GPUs separately! Grin
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March 06, 2019, 05:49:12 PM
 #1756

Well that really sucks. I never thought they were gonna do it anyway, they always seemed happy to do whatever got them the most attention.. reveal secret transactions that were "suspect", keep ASICs on their network, etc. I've never really been a fan of them personally.

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herrdrone
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March 07, 2019, 12:54:08 AM
 #1757

Well that really sucks. I never thought they were gonna do it anyway, they always seemed happy to do whatever got them the most attention.. reveal secret transactions that were "suspect", keep ASICs on their network, etc. I've never really been a fan of them personally.

I think both are guilty. Zcash didn't have the best intention to keep decentralized but at least they approved the grant for ifdefelse.

When you take a look at github's thread, ifdefelse seems unresponsive. I mean there wasn't a single reply from ifdefelse to zcash team as they post from time to time waiting a response. I hope this won't be the case for eth  Undecided

Or progpow.pro will become in a meme page  lol

RAVENCOIN BENCHMARKS-> https://ravencoinhashrate.space/
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March 07, 2019, 01:55:41 PM
 #1758

Well that really sucks. I never thought they were gonna do it anyway, they always seemed happy to do whatever got them the most attention.. reveal secret transactions that were "suspect", keep ASICs on their network, etc. I've never really been a fan of them personally.

I think both are guilty. Zcash didn't have the best intention to keep decentralized but at least they approved the grant for ifdefelse.

When you take a look at github's thread, ifdefelse seems unresponsive. I mean there wasn't a single reply from ifdefelse to zcash team as they post from time to time waiting a response. I hope this won't be the case for eth  Undecided

Or progpow.pro will become in a meme page  lol
Isn't the work open source? Why would the other team respond to a github item on the zcash repo..?

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herrdrone
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March 07, 2019, 04:59:17 PM
Last edit: March 07, 2019, 05:20:10 PM by herrdrone
 #1759

Well that really sucks. I never thought they were gonna do it anyway, they always seemed happy to do whatever got them the most attention.. reveal secret transactions that were "suspect", keep ASICs on their network, etc. I've never really been a fan of them personally.

I think both are guilty. Zcash didn't have the best intention to keep decentralized but at least they approved the grant for ifdefelse.

When you take a look at github's thread, ifdefelse seems unresponsive. I mean there wasn't a single reply from ifdefelse to zcash team as they post from time to time waiting a response. I hope this won't be the case for eth  Undecided

Or progpow.pro will become in a meme page  lol
Isn't the work open source? Why would the other team respond to a github item on the zcash repo..?

 if you READ github thread, ifdefelse posted on zcash repo when ProgPoW was proposed and replied later. Seems like after grant was approved there wasn't more communication between them.

Edit: Redaction.

RAVENCOIN BENCHMARKS-> https://ravencoinhashrate.space/
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March 07, 2019, 07:34:13 PM
 #1760

Well that really sucks. I never thought they were gonna do it anyway, they always seemed happy to do whatever got them the most attention.. reveal secret transactions that were "suspect", keep ASICs on their network, etc. I've never really been a fan of them personally.

I think both are guilty. Zcash didn't have the best intention to keep decentralized but at least they approved the grant for ifdefelse.

When you take a look at github's thread, ifdefelse seems unresponsive. I mean there wasn't a single reply from ifdefelse to zcash team as they post from time to time waiting a response. I hope this won't be the case for eth  Undecided

Or progpow.pro will become in a meme page  lol
Isn't the work open source? Why would the other team respond to a github item on the zcash repo..?

 if you READ github thread, ifdefelse posted on zcash repo when ProgPoW was proposed and replied later. Seems like after grant was approved there wasn't more communication between them.

Edit: Redaction.
Ahh I missed how he was the one who originally opened the issue, thought it was the founder for some reason.

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