You can call me a larper and tell me its fantasy, but i guaranteed you i probably made more profit % wise than majority of the people here. Take this information as you will. Im going to not include all the coins i have mined because it would be over 50 shit-coins so i would only include the notable ones i've mined.
Started mining a coin called Bulwark when it was worth $1.00 with no exchange and sold this around $10-11. I've accumulated from what i recall $60,000.
Next i moved onto a coin called Bithold and accumulated $10,000 in the first week, but i decided to obtain a Masternode(huge mistake) the coin value plummeted as the market crashed and i sold at disgusting $2,000.
I remember seeing the original thread posted here about a little coined called Turtle.... Let just say i pulled out 6 figures and i let everyone how i dumped on them at around 30 sats in the main-chat and i got banned. Anyone who was their knows who this is already.
I then mined a coin called IPBC/TUBE i was one of the first individuals i accumulated over 70,000 and sold my first 10,000 coins for a pitiful 500 sats. i dumped the rest at 3.5k sats. i accumulated 2.5 BTC if im not mistaken. I'm unsure what the price of BTC was at this point.
I was one of the very first people in a coin called Akroma.. it was "leaked" here, but i suspect was the doing of the developers. I accumulated over 40,000 coins in the very first day. As i was the first gpu miner on it. Sold majority of my bags at $1.00-0.50 cents.
I also mined Stellite which at the time was trading at 1-2 sats? With about 6 mining rigs filled with rx 580's. I made a nice 1.5 btc off this for 2 weeks of work with little hashpower.
While mining Stellite on my AMD's i got into a little coin called Raven with my Nvidias when it was touted as CPU mining coin. Luckily for me the unfinished GPU miner was released the very day i joined.. I remember accumulating 600-700k a day easily. After a month or two i was a raven whale with over 4 million coins. Which i dumped all at 700-800 sats. Easy 6 figure payday.
Jason Bell
>Part 3 I was part of Haven coin but i never really trusted it... I decided to dump this one soon as it pumped at 17k sats(big big mistake) as it went over 80k sats.. i didn't make too much gains on this, but about 3x more than i would have then if i mined ETH
Couple weeks ago i been mining a coin which im not going to name as it hasn't been shilled yet.. It has big mining players and huge twitter shills accumulating atm. The price has 10x so far Even before the price increase it was 3-4x more profitable than ETH. I sold 30% of my bags and i cashed out 20k.
Now the current coin i've been mining has just ninja released. The diff is non-existant so GPU is pointless and im CPU mining it. It has 2 very famous people attached to the project.
This all occured while BTC went from 20k to where it is now.
I accumulated a wealth of mid 6 figures in that time frame with a 60k investment on my mining operation.
thank you 200 gpus majority nvidia because most ppl expect others to spoonfeed them u gotta put in the work and research and dig around No, i don't think its profitable, but long term it has huge upsides especially if it gets introduced as a payment platform on overstock.com
Once everyone knows about said coin and the shilling starts ur already too late.
Isaac Cruz
OP do you just mine coins early that have potential, if so how do you find out about them?
Ayden Barnes
Wish i had heard about Akroma before, by the time i mined it the difficulty was at the highest.
Charles Lewis
I hear ya. I'm putting in the work, just cant't identify anything worth a shit in the beginning. I guess you just have to take a chance though. Although, the last 14 days I have been mining some shit worth $100 a day on my little 6x1080ti rig. So not complaining really.
Juan Phillips
Would also like to know
Thomas Foster
honestly i believe your numbers but take a step back and look at your story this whole jumping from utter shitcoin to shitcoin, these retarded names and useless communities you're living in the third world just to take their money i'm not making a moral judgement, i'm just saying no amount of money could make me want to interact with that ecosystem day in day out. it's too tiresome, as soul-sucking as a bank job it also takes being within a specific intelligence range to work, because you're essentially pump-and-dumping. you have to be in tune with what is going to make these retards believe a shitcoin will have legs, and that becomes harder and harder the smarter you get. not calling you stupid either, you're probably 110-120 iq and superior to most people you interact with in short, congrats but your results can't be replicated by just anyone (and that's why you're getting these kind of returns)
Justin Smith
Yes, it is soul-sucking but as the saying goes. No pain no gain. I treat this like a job. I use alot of my free time researching and investigating day in and day out.
Honestly im not that smart. Im probably a brainlet as u can tell by my shit grammar. It's just the vast amount of experience i've obtain over the last year or so in this space. I look for certain indicators, i gauge the type of people interested in said projects. I do alot of background research of said developers(most people rarely do this), ask myself are these coins "shill-worthy", can i see whales shilling this?, are their any known twitter shills/big miners in said coin, see how people act in OTC channels, all this shit adds up.. if u got a winner on ur hand or a loser. It's honestly at this point really easy too tell 90% of the time.
Ryan Cooper
With all this info, spoonfeed me on what coin should I mine now. >b4 do your research
Josiah James
How much did you spend on your rig and what equipment did you use?
Grayson Howard
tl;dr, how many millions did you make from this shit?
Levi King
I am mining Nimiq, am I doing good?
Jose Flores
do your research
$60,000 GTX 1070,1060 and RX 580's
I've only been mining for a year. First 6 months = 100k(not including insane bullrun) Last 6 months = 500kish
No, too much hype from the beginning... every pleb knew about it from the gecko you want to join coins nobody knows or heard of.
Ethan Diaz
It takes so much money nowadays to buy graphics cards, especially when you need to buy a lot of them.
How are electricity prices in your country?
Landon Howard
>from the gecko
what the FUCK
Evan Collins
graphic cards are msrp prices again the fck u talking about
Joshua Sanders
You are fucking retarded.
Anthony Edwards
One of your RX 580 costs around 300 €. How many would I need again?
Even if you'd tell me to start small. Let's say you start with 3 cards. How long until you get your 900 € plus electricity back?
Xavier Thomas
> 200 GPU
Ofc everyone could afford 200 gpu the first year...
user you were just lucky, next months we gonna probably have the biggest bearish market even worst what we got in 2014.
And worst FPGA are around the corner, it's not worth to invest in GPU farm right now.
Evan Ortiz
top kek u remind me of a buddy of mine.
that all depends on you and the coin you mine.
Lucky for him i introduced him to that coin that hasn't been shilled yet and he started off with 3 1070ti's and ended up adding 3 more in the course of the month.. he made $4,000 or so. Basically paid off his rig. If you go the normie route and mine Ethereum it will take u 1 year.
Christian Martin
Are you implying you couldn't earn a decent amount of cash with a smaller mining farm?
I have friends with just 2-3 rigs and they earned a decent amount themselves.
Aaron Wilson
>hasn't been shilled yet Everyones knows about Waltonchain, you cum guzzling faggot.
Juan Morgan
Cucks like you been stating "why mine buy btc instead" for the past year.
While u cucks lose ur shirt while btc tanks im earning more than ever.
Jaxon Kelly
larp on Jow Forums is getting just more and more pathetic and ridiculous. mostly pathetic.
Are you living in poland or some shithole ? Maybe you don't pay any tax ?
Colton Bennett
not even close oh man. inb4 he says aion.
heres a hint... the creator of said coin had no ico and he developed 2 mult-billionarie dollar coins circulating right now... their both top 50 coins on CMC.
Joshua Davis
don't bother looking for it on some exchange or CMC... its not on their.. cucks like u don't understand u need to get in coins before it listed anywhere or ur too late.
Leo Jenkins
Mined a gem for months : DERO. already got x10 on it before the ASIC invasion.
Hunter Adams
P-please tell me what that coin is. Please.
Dominic Kelly
well i congratulate you then Chadster..
u r slightly ahead of the curve.
Jordan Bell
Sounds like larimer.
>that all depends on you and the coin you mine
I know that, but on average, realistically. I guess that, with the good coin you were talking about, when you make 4k bucks in one or two months the electricity bill is not a problem. I was asking because where I am from mining most bigger coins like ETH is a zero sum game - because of high electricity costs.
Julian Cooper
>muh super sikret coin that doesn’t a thread on Bitcointalk, mining pools or social media accounts
No, idea what that is, but im gonna go look that up now ;)
How much are you paying for per watts?
On average for me i gain about 8x over Ethereum mining would be more but my stupidity in the first 6 months probably lowered my average.
I pay 0.07 cents per watts mostly because i don't mine in a residential area and i just decided to rent out a place. So $550 for rental, $50 for internet, 0.07c per watt.
Jack Rivera
It's the name of the BTS/EOS/STEEM developer. So I guess it was wrong.
However, the price per kWh here ranges from 0.26 to 0.3 €, sadly that's quite a lot compared to your cost.
I have a friend who was interested in mining ETH, I told him it's not worth it. Maybe I could tell him about your strategy if he wants to invest the money.
Luis Stewart
Mhh i think i just started mining this today, on a single gpu. I am late to the party, right?
Xavier Lopez
P-please tell me user.
please.
Julian James
that's fair. effort is effort indeed, and you deserve to make it so much more than the neet who passively sits on his link stack and hopes a russian backpacker will save his ass
Nolan Gomez
I've been meaning to ask a dedicated miner about Decred.
One of my Norman co-workers seems to think he's smarter than everyone in the market, and recently got some Chink clone of an S-9 ASIC miner tailored for Decred.
He claims he can make like $1500 a week running this thing.
Makes no sense, because if this were that profitable, I'd imagine every major pool and Genesis mining piling in and mining the shit out of it.
Yea, i figured that out after googling it. He's probably not going to be interested.. Normies want passive income they don't want the work involve doing all that extra bullshit. You must be from Cali... those rates suck.. i feel for ya man.
Ehhh theirs a decent amount of size for growth.. the big twitter shills hasn't shilled this yet.. They just been quietly accumulating so far. Must be rough with 1 gpu... knowing how difficult it is to obtain these coins. The price could actually go down right now(it actually has), but i wouldn't worry i expect the price to rise again and then dump again once its listed on an exchange... and then after a couple of weeks a random artifical pump will occur. It always happens like clockwork.
Charles Williams
HEY YOU MEAN AMOVEO? VEO? AMOVEO RIGHT? BY ZACK-BITCOIN RIGHT? >MINE AMOVEO MINE AMOVEO MINE AMOVEO MINE AMOVEO MINE AMOVEO MINE AMOVEO MINE AMOVEO MINE AMOVEO MINE AMOVEO MINE AMOVEO MINE AMOVEO MINE AMOVEO MINE AMOVEO YOU'RE TALKING ABOUT AMOVEO RIGHT? THIS MINER? github.com/zack-bitcoin/amoveo-opencl-miner AND THIS COIN? github.com/zack-bitcoin/amoveo AND THIS POOL? amoveopool2.com/ RIGHT?
Tyler Fisher
A M O V E O
Landon Allen
Hey OP/anyone else making a good profit mining.
Are there any good resources (forums, blogs, books) that you'd be willing to share that talk about crypto mining?
Is it even worth getting into the game with a $2k-$3k rig, and if so, should beginners stick to basic shit like ETH or try to branch out into shitcoins?
Owen King
right on the money congrats.
im off that coin now though.
like i stated in my original post.
Jaxon Long
so in order for this to be profitable, i have to move somewhere with cheap electricity?
Matthew Jones
I mined ETH for the first 4 months.. ive earned about 15-20k? I mean soon as i branched out(my first shit coin was Signatum) i made 20k in the first week... u tell me lol
Kayden Cooper
How do you get into coins so early, most of Jow Forums talks about coins when the ICO is over. Where do you hang out?
Ryder Jones
Yeah, I figured that shitcoins would be better due to lower difficulty. I've never mined before and I haven't been trading in months, I just want to re-acclimate to the autism without losing my shirt.
Alexander Parker
I have free electricity where I live but can't afford miners
im assuming he searches git up or one of the ico websites. i want to mine but im not in a position to move to a shit country where electricity is cheap
Tyler Brown
Honestly He's right I don't mine and buy coins off miners though, made $100,000 off a $5000 investment in Artax during january.
Ryan Howard
damn if you knew about raven ur an OG and a really smart dude.
Nicholas Scott
The reason I've never got into the mining game is because I wrongly guessed that the ponzi that is the PoW shitcoin pump and dump cycle just couldn't keep going. I'm honestly impressed OP. How many more of these shitcoins will pump in this bear market though? Are people really buying these things? Damn, that is some top delusion but I guess they think they're getting in early.
Daniel Campbell
Good thread op. I want to get into mining but it seems difficult to start up.
Carter Diaz
>paying msrp for a 2 year old card
Daniel Mitchell
the next coin to mine and sell is AIQ, Artiqox. You faggots heard it here first, do not say nobody warned you.
Christopher Cox
whats your opinion on 0xbtc? is it an opportunity or?
Carson Ortiz
I made the same mid 6 figure pushing a bunch of mouse clicks.
mining is for blue collars
Cameron Jenkins
How much have you made so far on it and How much can one mine on a 4gb ram computer?
Is it still possible to mine coins with a shit rig? I've got some old computers (from around 2005-2008) without gpu's lying around.
Jeremiah Garcia
can you help me please? I wanna be the part of a mining group. 20 1080ti atm but planning to expand in the future. Im pretty bad at this. I knew about raven from a guy but didnt started mining it. Still feel like shit because of this. Now Im mining some mildly profitable coin but its nothing extra.
help me master
Hunter Gomez
Haven't been able to mine shit on linux, with a 1070. What's the most retard-proof way of getting started?
Is investing in a GPU mining farm the best option? What about ASICs?
Liam Diaz
Equihash Asic coming out in June. And 11 series Nvidia card coming out on July along with Ethash Asic. Will be interesting to see how much Asic and next gen GPU are going to fuck up the mining difficulty
Luke Walker
Hi phunk, hows it going my king?
Landon Brooks
all these idiots do is pump then dump shitcoins
this is how i know crypto will never be taken seriously in my life time.
Logan Long
I know, but to know which coins gonna end up on the exchanges, that is art. so he is phunkism, right? Then I guessed right. Please tell him I wanna be his servant and drop me a mail+discord invite here [email protected]
Thanks mate.
Jonathan Phillips
What country or area of the world are you from to get cheap electricity? I pay like 35 cents per kWh so mining isn't viable at all.
Jordan Johnson
>What country or area of the world are you from to get cheap electricity? You can get power much cheaper if you buy it as a business.
