VirtualLarry
No Lifer
- Aug 25, 2001
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He estimates $2/day profit, but that was three months ago that article was written.
Do you think that someone would see ROI on a $133 card (RX 560 4GB, no PCI-E power), at 12MH/s, running 24/7? And would doing so, interfere with the normal operation of the PC much? (No gaming, just web browsing, and a LOT of online stream / YouTube viewing.)
Thinking of trying to talk my friend into upgrading his GT610 card, in his Athlon II X4 640 3.0Ghz rig, it has 16GB of RAM and a 120GB SSD and Win7 64-bit. I was thinking of going halfsies with him on the card, and I would get the mining profits, until the card was paid off, then he would get whatever mining profits remained. And he would be left with a bona-fide upgraded GPU for that rig, probably the last upgrade he would ever need to make on that rig, save for possibly a larger SSD like a 240/250 or a 500GB Samsung 850 EVO, which has dropped to $140 recently.
He estimates $2/day profit, but that was three months ago that article was written.
Do you think that someone would see ROI on a $133 card (RX 560 4GB, no PCI-E power), at 12MH/s, running 24/7? And would doing so, interfere with the normal operation of the PC much? (No gaming, just web browsing, and a LOT of online stream / YouTube viewing.)
Thinking of trying to talk my friend into upgrading his GT610 card, in his Athlon II X4 640 3.0Ghz rig, it has 16GB of RAM and a 120GB SSD and Win7 64-bit. I was thinking of going halfsies with him on the card, and I would get the mining profits, until the card was paid off, then he would get whatever mining profits remained. And he would be left with a bona-fide upgraded GPU for that rig, probably the last upgrade he would ever need to make on that rig, save for possibly a larger SSD like a 240/250 or a 500GB Samsung 850 EVO, which has dropped to $140 recently.
Either or. How you go about it is limited only by imagination, budget, and technical acumen. Obviously a pumped system is going to add/remove heat more aggressively than a passive one, though you are still limited by the ground's ability to sink heat. Unless you live near a pond or lake.
These cards along with the 1050 Ti's are overlooked as they only produce 12 - 14Mh but they sip power. If you can dual purpose them (use as Steam / HTPC) then they're perfectly justifiable to mine with.
I actually stopped mining on my 1050 Ti recently. It never seemed to make much to really leave it on (usually barely $1 per day). I'm actually tempted to replace the 1050 Ti with my 1080 from the 1080 Ti + 1080 machine. The biggest thing is distributing the heat load around my house! The only problem is that I put a Hybrid cooler on my 1080, and it never seems to turn the fan on. I'm guessing it's because the fan curve needs to be adjusted, but I'm not sure if there's an official BIOS that I can flash that will automatically adjust so I don't have to run MSI Afterburner.
1050 Ti at 70% power limit, +100 core, +900 mem (or better) is worth 14MH/s+ for Ethereum. And uses like 50W.
I actually stopped mining on my 1050 Ti recently. It never seemed to make much to really leave it on (usually barely $1 per day). I'm actually tempted to replace the 1050 Ti with my 1080 from the 1080 Ti + 1080 machine. The biggest thing is distributing the heat load around my house! The only problem is that I put a Hybrid cooler on my 1080, and it never seems to turn the fan on. I'm guessing it's because the fan curve needs to be adjusted, but I'm not sure if there's an official BIOS that I can flash that will automatically adjust so I don't have to run MSI Afterburner.
I sold several hundred BTC for ~ $12... FML...
I sold several hundred BTC for ~ $12... FML...
Remember a dollar a day could be 2 or 3 dollars depending on the price of whatever the coin is you're mining.
Eh.
I made a lot of mistakes with investing. First was with stocks. Then trading cryptos. Fortunately it wasn't a huge amount of money.
One thing I learned over the years. If you have net profits then don't fuss over it. If you earned several thousand in net profit out of the several hundred $12 BTC coins you sold, then you did a good job. You could have always done worse. What if it was sold when it was $2?
The only thing in life you can reverse is if you are a programmer.
Or it might not. I think that's why regarding money some people just stick to one strategy. At least its consistent. One way to counter that is more knowledge, but knowing what to learn is very hard.
https://www.gizmodo.com.au/2017/05/i-threw-away-4-8-million-in-bitcoin/Indeed. We all learn by making mistakes, some are just more costly than others. I sold several hundred Bitcoin at $5 - $6 and still turned a tidy profit. No one can predict the future but so far the mine and hold strategy seems to work out well with the more popular coins.
Well, China decided to ban Bitcoin again. So, prices are tanking across the board.
The China ban was apparently a hoax?
Nothing we haven't seen before.Yup, looks like one or more whales wanted to buy. After that, BTC usually shoots up significantly within a few days (and alt coins on it's tailwind).
Get ready.
Nothing we haven't seen before.
Time honored method still works, every few months like clockwork.
Gotta work with the whales, certainly can't work against them.