Ethereum GPU mining?

[thilanliyan]

Man the Vegas are crazy efficient at eth mining! I went from 60mhs at 450w with 2x290 to 77mhs at 350w with one 56 and one 64.

Have yet to try much xmr.

 

[Yakk]

Man the Vegas are crazy efficient at eth mining! I went from 60mhs at 450w with 2x290 to 77mhs at 350w with one 56 and one 64.

Have yet to try much xmr.

NO NO NO! Shhhhhh... Prices are just starting to go down...

Vega, bad! Vega very bad!

 

[IEC]

Vega sucks for ETH mining. The only thing it wins in is density. Underclocked and undervolted RX 480s have been making bank since June 2016, and do so while staying cool and quiet. Not to mention I paid less for a pair of them than a single Vega.

Vega was a year too late to be relevant for ETH mining.

:shiftyeyes;

 

[Yakk]

That's better

 

[thilanliyan]

Lol, I thought the secret was already out

 

[ozzy702]

Man the Vegas are crazy efficient at eth mining! I went from 60mhs at 450w with 2x290 to 77mhs at 350w with one 56 and one 64.

Have yet to try much xmr.

Vegas are great for XMR and not too shabby for ETH. For ETH NVIDIA is hands down the most efficient with the 1070s pulling 100w @ 30mhz a pop.

 

[Bigbadwu]

Vegas are great for XMR and not too shabby for ETH. For ETH NVIDIA is hands down the most efficient with the 1070s pulling 100w @ 30mhz a pop.

Vega with powerplay regfile mod says hi. 43+ mh ~130 watts at the wall. But yes XMR is the way to go for now.

 

[PhonakV30]

My GOD!!! My GOD!!! again My God BTC is going to pass 7K yet ETH doesn't bother to go to moon!!

 

[Madpacket]

My GOD!!! My GOD!!! again My God BTC is going to pass 7K yet ETH doesn't bother to go to moon!!

Patience is a virtue. Perspective is important during these times. Ether has had 40X gains this year so you should consider that already mooning. This boring price phase is a great time to scoop up more Ether IMHO.

 

[Madpacket]

Vega with powerplay regfile mod says hi. 43+ mh ~130 watts at the wall. But yes XMR is the way to go for now.

Yeah that's the not so secret, secret these days

My VEGA's were definitely overpriced but they've already paid off the difference where they've surpassed the 1080 as the best value higher end card and it's only been like what 5 or 6 weeks? If things keep up they'll be paid off completely within 6 months or so.

I've yet to buy a video card (since 2011) that hasn't paid itself off by mining. Sure the gains are much smaller these days (comparatively) but it's easier than ever to get setup.

Heck even dedicated ASICs are back to making money but I'm touching them again.

 

[ozzy702]

Vega with powerplay regfile mod says hi. 43+ mh ~130 watts at the wall. But yes XMR is the way to go for now.

Very nice. So they finally got it working? By the time Vega was released my fleet of 1070s had paid for themselves many many many times over. It's too bad AMD took so long to bring it to the market at the tail end of the mining craze, I would have picked up 50 of them. My 480s served me well but weren't quite as power efficient as the 1070s even with the custom bioses and tuning. As is the ROI is too low for my taste now days, I'll just keep mining on the 1070s for another few months and then liquidate everything. Still deciding if I want to move any $$$ into crypto or just play with what I have.

BTC... ugh...

 

[[DHT]Osiris]

So, I'd like to point out, Nicehash is absolutely exploding right now with cryptonight orders. Currently pulling about 2.5-3x what I normally do, putting me dangerously close to what I was making ~9mo ago. Here's hoping it lasts for a least a little while.

 

[DrMrLordX]

BTC is a fork-fest and people are still buying it. Bitcoin Gold, Bitcoin Silver, Bitcoin 2x, oh my!

All a paper tiger, all hollow with no real substance. Hell XMR can do anything as a currency that any BTC fork can do, only better, so why does even anyone even bother with it anymore?

 

[ozzy702]

BTC is a fork-fest and people are still buying it. Bitcoin Gold, Bitcoin Silver, Bitcoin 2x, oh my!

All a paper tiger, all hollow with no real substance. Hell XMR can do anything as a currency that any BTC fork can do, only better, so why does even anyone even bother with it anymore?

Because of the 1% of the general public that has actually heard of crypto currency, BTC IS crypto. Maybe 1% of that 1% has heard of Ethereum let alone Monero. BTC is both good and horrible for crypto. Hopefully some of the dumb money flowing in gets diversified into alts but we'll see.

I have a bunch of Monero and I'll probably just sit on it long term along with my ETH.

 

[DrMrLordX]

Yeah I know. But it wouldn't be that way if the "old" crypto money from 2011-2012 onward had ditched BTC for something technologically stronger ages ago. They should have known better than to make it an ideological crusade in favor of BTC, when BTC as a tech isn't worth saving.

XMR, DASH, ZEC, etc. were all worth anointing as a successor. Since so many seem to hate ETH for its smart contracts and what have you.

 

[Yakk]

Usually better marketing, not technology or product, equals more consumers.

It's all about following the Marketing to generate greater profit.

 

[Charlie22911]

I think I'm at the point where I'm going to start selling off my hardware. Any suggestions on decent spots to offload? Heard some bad things about eBay so I'm not sure how I feel about using that. I'm also in a rural area so craigslist is out...

 

[Roger Wilco]

I'm thinking about starting to mine on my 970 just for funzies. I have no delusions about profitability, but electricity is fairly cheap here between two nuclear plants.

Would it be more prudent to mine XMR, or any other currency over ETH?

 

[Yakk]

I'm thinking about starting to mine on my 970 just for funzies. I have no delusions about profitability, but electricity is fairly cheap here between two nuclear plants.

Would it be more prudent to mine XMR, or any other currency over ETH?

https://whattomine.com

Tells you what & where to mine for immediate profits. If you are looking at something specific long term then it becomes speculative, and in crypto that's anybody's guess cause it can "change on a dime" so to speak.

 

[Crono]

I think I'm at the point where I'm going to start selling off my hardware. Any suggestions on decent spots to offload? Heard some bad things about eBay so I'm not sure how I feel about using that. I'm also in a rural area so craigslist is out...

Ebay is fine, just don't sell internationally, and be wary of scam messages. Sell via fixed price/require immediate payment if you want to avoid buyers attempting to scam via echeck, or taking forever to pay, though you'll get more interest doing no-reserve auction.

The other places to sell (Craigslist and local listing apps like OfferUp or letgo) don't have nearly as many potential buyers. There are hardware forums like here and and a few others, though, but I'm not sure how active they are overall.

Sold all my mining hardware and most of my extraneous hardware (my house was literally starting to look like a computer repair shop) on ebay othe course of 2 months without too much of a problem, except for the aforementioned scam attempts (people trying to get me to ship first on an echeck that eventually bounced twice, one guy pretending via message that he was the winning bidder and wanted me to change the address, etc).

The problem with ebay + paypal is they very much turned into buyer-first platforms a few years ago (well, maybe even further back than that, but it became particularly bad when Detailed Seller Ratings were implemented and sellers were no longer allowed to leave negative feedback for buyers). Most of the protections and power in a dispute goes to the buyer, and most of the system is automated, which can leave you in the lurch if you end up in a dispute.

 

[Charlie22911]

Ebay is fine, just don't sell internationally, and be wary of scam messages. Sell via fixed price/require immediate payment if you want to avoid buyers attempting to scam via echeck, or taking forever to pay, though you'll get more interest doing no-reserve auction.

The other places to sell (Craigslist and local listing apps like OfferUp or letgo) don't have nearly as many potential buyers. There are hardware forums like here and and a few others, though, but I'm not sure how active they are overall.

Sold all my mining hardware and most of my extraneous hardware (my house was literally starting to look like a computer repair shop) on ebay othe course of 2 months without too much of a problem, except for the aforementioned scam attempts (people trying to get me to ship first on an echeck that eventually bounced twice, one guy pretending via message that he was the winning bidder and wanted me to change the address, etc).

The problem with ebay + paypal is they very much turned into buyer-first platforms a few years ago (well, maybe even further back than that, but it became particularly bad when Detailed Seller Ratings were implemented and sellers were no longer allowed to leave negative feedback for buyers). Most of the protections and power in a dispute goes to the buyer, and most of the system is automated, which can leave you in the lurch if you end up in a dispute.

Awesome advice, I’ve sold on eBay before but it’s probably been 10 years ago at this point.

 

[thilanliyan]

Yeah I also used to sell on ebay but their fees are basically 10% now unless you sell consistently I think. I try to sell on kijiji instead.

 

[VirtualLarry]

(my house was literally starting to look like a computer repair shop)

LOL. Mine still does.

 

[thilanliyan]

Anyone using Parity for their wallet?
I hope not lol

 

[DrMrLordX]

Ha. No.

I also hope everyone got out of BTC by now, and that you weren't trading in B2X futures . . .

R.I.P. SegWit2X