Any miners here? I'm about to buy sixteen RTX 2070 8gb. Was wondering if it is a good move. I have free electricity and also GPU's will be bought by non-refundable government subside. so its kind of cost free? they give around 40 MH/s, but its just beginning
Was wondering if not to wait for the new AMD 670/680 but their premiere is not specified yet (have to spend money till EOY) Any1 upgrading their rigs? any thoughts?
The RTX is not worth the cost, they added native raytracing ability which does not impact mining in any way whatsoever, for a higher price tag
Nicholas Bell
>Was wondering if it is a good move No, it isn't. RTX cards add zero value to miners. Also, >mining ETH in 2018. You're up against a network owned by ASICs at this point when it comes to ETH. Seriousl lurk moar before you blow $6k on 12 GPUs you don't even know what you're doing with.
Brandon Williams
This, you're better off buying used 1070s for much cheaper.
Wyatt Moore
Nah.
Do the math user, you'd make ~300USD/month assuming free electricity. The good news is 2070s will be easily sellable 1 year from now. AMD cards are much harder to sell.
Tyler Perry
As i said: i dont put my own money on the table. its a government money that i dont have to give back. so i dont give a fuck. raytracing doesn't improve mining, but maybe the future for the gaming right? right now there are not many games for RTX but it doesn't mean it wont get traction. so as said they will be easily re-sellable. or evem might get additional value? at some point the old 1070 (new gtx 1070 cost >500$, new 2070 costs >550) will start to lose value and if raytracing get popular noone will buy them (especially rx 670/680 might be better for mining).
I didn't say i will be mining ETH only, on one of my rigs i've mined RVN coin and look what happend.. but still 8x40MH/s=0.6-0.8 ETH/month, and let's say ETH goes around 400-500$ or even back to 1k$ somewhere around 2019/2020. as i said: i dont pay for the electricity.
Jack Gutierrez
>falling for the mining meme Oh sweet summer child. You’re gonna have to learn lessons the hard way.
Easton Howard
Obelisk bagholder checking in.
Unless you have unique circumstances, don't try to mine.
Colton Davis
LOL yeah of course. did i say im going to buy a over-priced garage heater? no. Also yeah.. mined over 1 mln NIMiq, for each 0,001$ i get around 1k$. MEMEd HARD.
Tyler Anderson
buying miner for Siacoin ultra shit coin.. dear god..