Alright Jow Forums
Who here has invested money in a mining rig and can red pill me some real shit. How much are you making and how much is the power consumption month to month? What cards are you using? I'm in Florida so that 'it doubles as your heater' bullshit isn't a perk, it's a problem.
Me. Got a 4x GTX 1070 rig in January this year right before the collapse. It's really fucking bad. I don't even run it anymore because it makes like $0.35 profit per day per card.
When I first got it it was making $4 per card a day and that was very worth it to me. Sigh, bringing back bad memories. This always happens. Anything I get involved in collapses instantly.
I'll buy them off you for $100 a pop
>mfw not speculative mining
>not mining high roi projects with low difficulty
>not selling your GPUs during retailer price gouging periods
user
bought a dragonmint B29 back when it cost 1BTC, I bought 21 other obelisk dcr1s for about 6BTC all in. All f that hashes at around 25TH. If those numbers impress you. then congratulations. you're as retarded as I am. I'll be lucky to recover half my investment of these toasters. never invest in mining equipment anons. ESPECIALLY FUCKING PREORDERS. dont be stupid like me. I've lost so much money because of this bullshit. its seriously not good.
i passively mine with nicehash with a gtx 1080. i make roughly $30 bucks a month.
Those are ASIC though, correct?
ASIC are fucking scams, dude. Fuck no.
I’m thinking about buying a couple of asic miners that mine vertcoin to the tune of ~$50/day. I’m on the fence as we speak.
I'm looking to grab around ten 1070's and start mining but I'm worried about power consumption.
dont do it man. its not worth it.
Antminer S9's
Still in the hole from purchase. Haven't broke even on electricity since 8k
i thought id be making 100$ a day with my asics. but i got beat to market by 4 months. vertcoin is also supposed to be asic resistant, so the devs may change the algo like monero did to fuck you out of mining on their chain.
Buy one and buy a watt meter they are like $10. You will find nvidia cards are not as flexible as ati though. But nvidia is best is you don't like customizing and tweaking for the best hpw.
gimmie the general gestalt on this
what's your power consumption like?
this, please?
Also how would one card be profitable? I need like 50 of these things
It's almost like you're low IQ cavemen who get taken advantage of by TOP MINDS, captains of industry, charismatic scammers, and others operating in unregulated markets.
Larp. No way that's profit unless you have free electricity.
not worth it
>In 2011 have HD6950 GPU
>It makes 3bitcoin per day or abut 21$ per day
>Browse Jow Forums at the time and see bitcoin threads
>Do folding@home instead of mining bitcoin
JUST
STOP REMINDING ME
bought one last november, about 3k invested recovered in 3 months, after the end of february started to gain less and less and now I make like 100 bucks top each month, planning to sell soon if things stay this way (200 mh on eth btw)
Have 4 rigs, they payed halfway for themselves (after electricity), I can maybe sell them now for half price to get the other half back. Pretty pointless exercise, could have been different if I sold both the coins and the rigs at ath, but I'm a greedy human, just like the rest
>Competing with manufacturers who are mining inside hydroelectric plants using the excess energy for free
You have to be a very special retard to do this. Very very special.
>Folding@home
FUCK JUST FUCK MY DHIT UP
THIS IS LITERALLY ME
dont make the same mistake over again
pic related
wtf are you mining that nets 0.35c a day per card? user... i've seen like 5 500-1000% roi coins like this week alone. i don't think you should give up so easily, and also mine something other that bitcoin lmao...
Unless you’re gunna drop left nut or 2 on mining, it’s not worth it. There are too many mining companies that have a warehouse full of rigs that will get you justed
If I bought Monero instead of my rig when I built it I would have less Monero then I do now. And been pissed I’ve been down.
I'm glad I didn't buy a GPU during the peak of the bubble