Serious mining thread

lets discuss new RTX cards!
Price is quite okey i guess? It also might drops a bit with non-referent models?
What r ur thoughts?
Recently i've received a confirmation from a local labor office that they accept my application for non-refundable subsidy for unemployed person willing to open his first business. around 3-5-4k$ to spend on materials/utilities needed to run a business (according to business plan u submit during the application: i went for a cloud graphic rendering a IT business related services. After a year i can do what ever i want with company assets.. so i can mine for a year (i have free electricity) and than sell cards. mb some1 get triggered and will do the same. AMA if needed.

Anyway i have few concerns about the cards.. im aiming for non-referent (any guru miner can advice if it is right? referent gets better OC, but ive heard that non-ref. get better performance (TPD and etc..) as they are top models, i dont pay for them, and i can sell them a year from now (i dont have to, with 11GB ram i guess i can mine for the next 5 years lol). i have almost more or less 8-9k$ for mining rigs. lately, on local mining groups on FB ive noticed that used rigs starting to show up. was wondering if it is caused by people starting to selling the bottom (eth mining is pretty shit right now if u have to pay for elec.) or they want to switch to newer cards? i would be aiming for 8gb rx580 used mining rig..

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100% price increase for 20% preformance increase

Doubt any will be used for mining

Could be interesting since new features could be possibly used in new algos, but is at least a year out

as i said, i dont pay for those cards - labour office does. so there is no point of taking oldies like rx580/1070/1080 cos a year from now they gets only older. those 2070 are new top model so their price should be stable for next 2-3 years?

used asics, spend the money on putting in more breakers, max power! Might need additional aircon.

well, truly biz is a mumbai full of pajeets and shit. no business related discussions.. only shilling crap coins. summer time sadness.

just told you wat to do op.

I guess a lot depend on AMD when it comes to mining since Vega is currently the best cards for mining with 1800-2000 mhs for cryptonight. If they decide to launch cheaper vega cards then that might change things.

im not going for asic devices, as they may or may not be working a day after i buy them. and i can link them into my business plan u moron. but yeah in india u just dont read yet so i understood why u might not be able to join the discussion.

*can't

i should be rude. apologize as i never said what i can do and cant. anyway, i dont want asic as i cant resell them later on with profit..

*shouldn't. fuck, whats wrong with me today..

You don't get to keep your earnings during the project, just the equipment afterwards? Asics will mine better than gpus, you can buy gpu's later with your earnings if you want them so bad.

RTX is for ray tracing in games not useful in mining. Wait till they release the actual GTX line then wait for mining reviews. As far as I know Vert coin and Bitcoin Gold are still profitable on Nvidia cards. Ethereum can be to but you need about 150 MH rigs and cheap power. Goodluck. Do some research.

I heard ETH ASICs are out now which kind of ruins mining it. If you have free electricity go for it. Then sell the cards. It's free money to buy the cards right?

>Price is quite okey i guess?
lol you're a retard, no the price is not "okey"

mining is fucking retarded anyway, just take the money you'd spend on a mining rig and wait until the market bottoms and just invest into shitcoins and enjoy your x0000% returns a few years down the line.

There's an ASIC out now for every major pow algo. These won't be remotely profitable for mining. It'll be like trying to CPU mine stuff last year.

god u r just so fuckin retarded. go back to uckin 4th grade u moron and learn to read........ FUCK

no, i get money and i need to show invoices for a bought stuff. and it has to cover the business plan ive submitted during the application as i may but dont have to get an office check. and they look if i do what i mentioned to do. and asics device r just icky sticky, hard to exlain.. i will stick into GPU as they have variety type of usage. and after a year i can sell them with profit.

if the card gives around 60-70 hashes i will have combined hasrate of almost 500-600 with other devices.. i have free electricity so its almost 500-600$ with current market conditions. i dont need to sell them to pay electricity

Learn to write like a human being you third world shithole mongoloid. I didn't even care enough to read the rest of your fucking post because it reads like it was written by Rajesh in the gutters of Mumbai.

First of all how do you expect the govt. to subsidize your second hand molested GPU mining rigs? Even then, enjoy breaking even in like 2 years and having to maintain your dumb ass rig in the meanwhile.
>asking a business board for opinions on overpriced 2 year old tier performance cards with overhyped shitty marketing gimmicks
>18 replies
>10 posts by this ID
Just fuck off nigger sage

Gonna nib some Vega 56 bad bois once the prices are BTFO by the new NVIDIA lineup.

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Make sure to spam ETH devs on twitter telling them that because they keep delaying PoS they need to change the PoW algo.

They are becoming open to it.