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Chat archive · 2018-01

NowMortimerJames · · #68492

AppleMiner wrote: you think its the wild west now, at least we have a few companies to rely on, at the start of asics...half didnt produce and lots got ripped off
yea seriously

AppleMiner · · #68493

i think the ROI on a rig is a lot longer

AppleMiner · · #68494

but it has some resale value down the road that an asic wont have

AppleMiner · · #68495

you could blow 4K on an ether rig, mine with it for a year or 2

AppleMiner · · #68496

and then kill it, sell the mobo and cpu and memory and m2 drive or whatever you booted from

FastCashMining · · #68497

you already know my story

AppleMiner · · #68498

and then all 6-7 video cards and only lose $100 on each card

FastCashMining · · #68499

RIP

FastCashMining · · #68500

an AISC could if the price of the coin rises now?

AppleMiner · · #68501

so you could build a rig, use it for a year or 2, sell it and be out 1K

AppleMiner · · #68502

so bascially, rent a mining rig for a year for 1K

NowMortimerJames · · #68503

AppleMiner wrote: and then all 6-7 video cards and only lose $100 on each card
ah thats not too bad. Do the graphic cards just not offer enough hashing power? What exactly makes them less productive than the asics?

AppleMiner · · #68504

the basic question...will you make over $1K in a year after electric mining with it, if so...do it

NowMortimerJames · · #68505

FastCashMining wrote: you already know my story
what happened to you if you dont mind me asking?

AppleMiner · · #68506

there are some coins that are ASIC-resistant. They need such high memory to calculate it would be cost prohibited to do it as an ASIC machine

AppleMiner · · #68507

the amount of memory needed would make the ASIC machines cost 20-30K each

AppleMiner · · #68508

but a video card...for $450...comes with 6GB of DDR5 or HDDR6 or whaever already on them each card

AppleMiner · · #68509

now each card might only hash at 20 megahash

AppleMiner · · #68510

and 7 of them is a blazing 150 megahahs

AppleMiner · · #68511

and that rig costs you like 4K to build?

AppleMiner · · #68512

L3+ ASIC...2000 with power ready to go...does 500 hash

FastCashMining · · #68513

i overpaid for an l3+ because i thought i needed to purchase now instead of waiting until MARCH batch

AppleMiner · · #68514

but the rig can mine ETHER for instance

AppleMiner · · #68515

and no ASIC machine right now can do that

AppleMiner · · #68516

so if you want to mine the ether, you need a rig machine with tons of memory to do that

NowMortimerJames · · #68517

AppleMiner wrote: but the rig can mine ETHER for instance
that was the only reason i was going to build. so i could mine ETC

AppleMiner · · #68518

DASH you can mine with GPU cards in X11 or a X11 ASIC miner, which is why it dumeped when the D3s came out

AppleMiner · · #68519

was too much X11 for the network

AppleMiner · · #68520

but you cant mine ether with a L3 S9 or a D3

NowMortimerJames · · #68521

AppleMiner wrote: was too much X11 for the network
do you think the same will happen with the L#

NowMortimerJames · · #68522

l3

AppleMiner · · #68523

i figured a mining rig breaks even in 6-7 months then it makes profit

AppleMiner · · #68524

but if you mine for a year then sell the old video cards off or just keep upgrading each years cards...and kieep it going

AppleMiner · · #68525

It sorta already did in a way

AppleMiner · · #68526

scrypt was nice and fine when we had 2 big bad assed coins

AppleMiner · · #68527

when BCC popped and everythign slide into LTC

AppleMiner · · #68528

thats when it pooped again

AppleMiner · · #68529

until then I was make 8 coins a day from LTC

AppleMiner · · #68530

after BCC died, and the nicehash at the same time

AppleMiner · · #68531

I dropped down to 2.5 then 2. now less than 2 LTCs a day.

AppleMiner · · #68532

i missed the $50 ltc and making 8 a day, I wanted that 250 a month

AppleMiner · · #68533

I cant get rich when they hit $1000 each if im only making 50 a month and not 250 coins a month 8(

NowMortimerJames · · #68534

very true. I feel like im late to the party. If you took your hashing power and just mined a different coin would that help more?

CCToro · · #68535

So how does prohashing determine which coin we mine? What to mine says verge os the most profitable by far but I’m minging LTC.

NowMortimerJames · · #68536

AppleMiner wrote: when BCC popped and everythign slide into LTC
Seems like our only hope is for another asic minable coin to balloon so that the hashing power will split

AppleMiner · · #68537

yeah a new major coin to split up the hasingpower would really help the situation

AppleMiner · · #68538

@CCToro :  they dont take into acocunt coin swapping pools

AppleMiner · · #68539

that would be just what to mine solo vs other coins to mine solo

AppleMiner · · #68540

if you mine solo right now, you will likely make more than if you mine gamecoin right now if that is what that chart says

AppleMiner · · #68541

If the pool was working and anythyign other than dash and lite was working

AppleMiner · · #68542

still thinking thats a new years year-tiome issue for the pool and needs a swift kick in the reboot

NowMortimerJames · · #68543

5 mins til we get to test your theory

AppleMiner · · #68544

but soloing verge will liekly still be lower than auto pool mining with the auto switcher.

AppleMiner · · #68545

hopefully it self fixes at midnight

NowMortimerJames · · #68546

how would one go about solo mining verdge?

fallingcurtain · · #68547

Am I the only one stuck on LTC payout only

CCToro · · #68548

ok, thanks for the explanation

NowMortimerJames · · #68549

does that all go back to the password modifications?

fallingcurtain · · #68550

Got it set to Dime Coin but its gishing out LTC

travelinmusic · · #68551

If mining solo on NH or anywhere and the site goes dead will an L3+ pickup the same block it was working on? or work wasted and start over. Obviously 3 hours is too long but 30 seconds?

fallingcurtain · · #68552

dishing out LTC

FastCashMining · · #68553

almost 9$ today!

FastCashMining · · #68554

woohoo!

NowMortimerJames · · #68555

on antpool i was making about 20 bucks a day

NowMortimerJames · · #68556

with the L3

NowMortimerJames · · #68557

i'm hoping to top that here

AppleMiner · · #68558

when?

NowMortimerJames · · #68559

over the last week

travelinmusic · · #68560

was 25 here w l3+ but that was three weeks ago

AppleMiner · · #68561

yeah was gonna say barely topped 17 in the past 2 weeks for me on the overclocked test rig

NowMortimerJames · · #68562

travelinmusic wrote: was 25 here w l3+ but that was three weeks ago
whats the average been here lately

AppleMiner · · #68563

except the verge day, found a block when that was on and got like 35 that day

travelinmusic · · #68564

17

travelinmusic · · #68565

big time verge day!

NowMortimerJames · · #68566

AppleMiner wrote: yeah was gonna say barely topped 17 in the past 2 weeks for me on the overclocked test rig
do you reccomend overclocking?

AppleMiner · · #68567

if you know what you are doing, can keep an eye on it, can keep good temps steady

JiveTonto · · #68568

im making 50-70 nzd a day soloing with a l3+

NowMortimerJames · · #68569

if i increase it one stage up is that considered overclocking.

AppleMiner · · #68570

if you arent sure, then id say no, but voided warrenty, etc etc

travelinmusic · · #68571

hit a $25 gulden today solo here

JiveTonto · · #68572

@NowMortimerJames :  sure is,i run mine at 450 24/7

JiveTonto · · #68573

about 580-600 mhs

JiveTonto · · #68574

@travelinmusic :  nice!

travelinmusic · · #68575

but zero on solo verge so... probably a good thing Im pushed to zpool and italy until back online

AppleMiner · · #68576

i think I might have 4 that I run under 600

travelinmusic · · #68577

Thanks Jive

AppleMiner · · #68578

got a few up at 700 and 720

travelinmusic · · #68579

Happy freekin new year!

JiveTonto · · #68580

@travelinmusic :  i wouldnt solo verge,still a difficualty and hasrate hike from the sheep mining it

JiveTonto · · #68581

stick to other shitcoins

NowMortimerJames · · #68582

oh wow. I feel like i would be able to monitor it. If i overclock, im guessing the machine would probably be louder

travelinmusic · · #68583

I here ya but the $250 payday!

AppleMiner · · #68584

you can set a percent of the fan to keep it the same level, but you want to keep it cool

travelinmusic · · #68585

hit 6 florin

AppleMiner · · #68586

OCing will raise the power draw and the heat some

JiveTonto · · #68587

@travelinmusic :  well solo it for say 10-15 days

JiveTonto · · #68588

same as current payout rate

fallingcurtain · · #68589

JiveTonto wrote: im making 50-70 nzd a day soloing with a l3+
Where are you mining? I was collecting dimecoin on PH then it suddenly pushe dme to LTC

JiveTonto · · #68590

see how it goes

JiveTonto · · #68591

@fallingcurtain :  soloing on concave atm