GPU Mining Out of the loop - What's the current mining situation? |
- Out of the loop - What's the current mining situation?
- Public bet with /u/SQRTLURFACE if I get billed extra when my electric plan expires in February
- I finally took her apart and didn't shed a tear
- Want to buy this GTX 1070 second hand, but am not sure if it is on a mining rig on this photo. Could you tell me please, thanks!
- Well guys, Its been a good run, but I can't do it anymore....
- In this sea of red... Hashrates remain stable!
- The First Mining Company In The World That Offers GPU Hardware Upgrades For Mining Contracts!
- What do I need to do to essentially factory reset a mining card.
- A serious discussion about current situation and call for Devs to do what was written.
- GpuHub. Mass providing GPU-power for machine learning
- Why are people shutting of their miners?
- New monitoring service for MultiPoolMiner, RainbowMiner and NemosMiner users
| Out of the loop - What's the current mining situation? Posted: 08 Dec 2018 08:01 AM PST I sold up my mining gear around Jan this year. Was thinking about getting back into mining, so I thought I'd take a look, however I notice with GPUs you'd currently be losing money mining. So what's the deal, have ASICs taken over? How will mined coins survive with the current reward system? [link] [comments]  | ||
| Public bet with /u/SQRTLURFACE if I get billed extra when my electric plan expires in February Posted: 07 Dec 2018 04:46 PM PST Kept going back and forth he suggested a bet so i'll publicly offer up .1 btc, can go higher if he wants, if I get billed after my electric plan expires February 20th 2019 From our conversation in thread https://www.reddit.com/r/gpumining/comments/a3vy00/eth_80_sub_100_anyone_still_profitably_mining/ My electric plan https://www.reliant.com/en/public/predictable-12-plan.jsp I'm saying I wont be billed anything after the contract expires on the 19th of febuary 2019. /u/SQRTLURFACE says i'll get a extra bill for all the extra usage after the contract ends. Thoughts/Comments/Do you think i'll get a massive bill? mods please allow [link] [comments]  | ||
| I finally took her apart and didn't shed a tear Posted: 07 Dec 2018 09:38 PM PST Unlike when I was putting her together. GL fellas and bb. [link] [comments]  | ||
| Posted: 08 Dec 2018 07:23 AM PST
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| Well guys, Its been a good run, but I can't do it anymore.... Posted: 07 Dec 2018 09:28 AM PST I gotta close my windows its actually getting chilly inside. 24gpus @ -5 degrees was the threshold but -10 degrees I gotta close some windows... anyone else start to run into this problem? [link] [comments]  | ||
| In this sea of red... Hashrates remain stable! Posted: 07 Dec 2018 10:24 PM PST Everything is down, yet hashrates haven't budged 1 hash less than when BitCoin was trending at $7.5k stable. Not that I'm complaining, I suppose I was hoping to accumulate more, but I'm also glad the crypto community isn't effected by BitCoin Cash issues. Edit: In response to a few posts. I'm sorry, I didn't realize I had to state the fact I wasn't talking about mining BitCoin/BitCoin Cash. Obviously those are not GPU mineable and last I checked, we are on a GPU Reddit. I was referencing GPU mineable coins... For all decent projects, hashrates haven't changed due to BitCoin's value dropping. [link] [comments]  | ||
| The First Mining Company In The World That Offers GPU Hardware Upgrades For Mining Contracts! Posted: 08 Dec 2018 03:43 AM PST
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| What do I need to do to essentially factory reset a mining card. Posted: 07 Dec 2018 07:03 PM PST I recently bought a used mining gtx 1070 gpu. And idk if this is normal but looking at gpu-z my fans were at minimum 20% and my core and memory clock were maxed out when on idle. This was happening 24/7 even when not gaming. So I tried multiple things. Reapplied paste, flashed the bios, blew on the card and reinstalled it. Idk so is there a way to just factory reset a used mining card? [link] [comments]  | ||
| A serious discussion about current situation and call for Devs to do what was written. Posted: 07 Dec 2018 05:08 PM PST I'm first and foremost a miner. I got my start in 2011 with mining my first BTC and started again in 2017 with Ethereum. It was ETH that got me back into mining, not any other coins. I think we seriously need to talk about what happens should Devs reduce rewards to 2 ETH + Uncles without any other changes to Algorithm to reduce difficulty. At current prices $80~ ETH will lose even more miners that securing the network. This would price me out. Delaying Iceage and 30 sec block time for another year is not helping miners, effectively at this moment we have not reached 30 Sec block times. As of today(12/7/18) with network difficulty of 2.4T and A power rate of .09kw/c. I'm profiting $6 a month with a 250mh/s rig and 850w electric used for the rig. Mind you this is probably the most efficient mining rig one can build. Calculating in WTT for 2 ETH reward I'm now negative $10 a month. That doesn't take into account the reduced Uncle rewards. To get back into "Profitability" Network hashrate has to drop 5T and then I'm only making $1 month. Everyone, including the Devs really have to question themselves. Is this right? ETH isn't going back $200-400 anytime soon, definitely not happening before the Fork. They are going to kill there own network pretty spectacularly. Who fault is it? Well heck it's there own! POS has been pushed back and back. Inflation increased and now they've shot themselves in the foot and demand more of the Miners that secure they're POW network? Not only are they killing there own network they are effectively making centralized. Only Large ASIC farms or GPU Farms with dirt cheap electric costs could even think of profitable mine it. What happens if ETH goes lower? to $50? a Rebound upwards of $200 could happen later next year, but by what small home miner is going to think to mine ETH? Especially when 1400mh/s ASICs are on the horizon. From Ethereum Whitepaper "However, this mining algorithm is vulnerable to two forms of centralization. First, the mining ecosystem has come to be dominated by ASICs (application-specific integrated circuits)" "his problem is arguably worse: as of the time of this writing, the top three mining pools indirectly control roughly 50% of processing power in the Bitcoin network, although this is mitigated by the fact that miners can switch to other mining pools if a pool or coalition attempts a 51% attack." (https://github.com/ethereum/wiki/wiki/White-Paper#philosophy) So they plan on following bitcoin? Let Massive ASIC farms/pools who can afford such low costs to run there network? They pushed the POS/POW back another year, yet no change to commitment to ASIC Resistance? Seems some Devs are onboard with the ProgPOW. According to the Dev meeting of Nov 23 we are still waiting for a Full testnet Implementation with testnet miners for ProgPOW. Now it's NOT the DEVs fault for the price, please don't get me wrong, but they committed to ASIC resistance and going POS. We must change of algorithm in addition to uncle reduction. This is needed in order to keep the small miners in the game and securing the ETH POW network until POS is ready. This Doesn't have to be done in tandem. Personally I think releasing ProgPOW first(Other other Algo). See how many ASICs were dominating the network, then move to the reward/uncle reduction. It could work as well if ProgPOW was released just slightly after this Hardfork, however if they drag it out to months then it's too late. The consequences of not doing so will be felt. Miners will abandon ETH by droves. ETH will become a Centralized POW Algorithm dominated by ASICs. ill be watching from my Crypto Nuclear fallout bunker come Jan 18th. BitsBeTripp' has some good videos on all this. ProgPOW https://www.youtube.com/watch?v=N-CwGNTQ3hY 1400mh/s ETH ASIC https://www.youtube.com/watch?v=sImTQrJQh7w Ethereum mining(As of Sept 18) [link] [comments]  | ||
| GpuHub. Mass providing GPU-power for machine learning Posted: 07 Dec 2018 03:22 PM PST
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| Why are people shutting of their miners? Posted: 07 Dec 2018 03:10 PM PST Correct me if I'm wrong but, If you are mining because you are invested in crypto. Wouldn't it be more intelligent to continue mining in hopes that prices go back up. If prices were to go back up all coins mined at a loss would be turned to profit due to the price rise. If you are invested and hoping for a rise in prices you should keep mining even if at loss, no? [link] [comments]  | ||
| New monitoring service for MultiPoolMiner, RainbowMiner and NemosMiner users Posted: 07 Dec 2018 01:39 PM PST We developed BrucoMining, a dedicated web platform for rig monitoring. The aim of BrucoMining is to give support to common mining/helpers programs that doesn't have this feature, or require a server installation. We actually support MultiPoolMiner, RainbowMiner and NemosMiner. Main benefits: email notifications, statistics, nice dashboard. If you want to try it out, just go to www.brucomining.com and get a free account. Development is active and feedback would be greatly appreciated [link] [comments]  |
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