Official Mining Thread

[Greasy]

[yt]wGOUuXFucEg[/yt]

[acroig]

Hell yeah we're fat lazy Americans; we don't want difficult

Preach it, brother!

[acroig]

[yt]wGOUuXFucEg[/yt]

OMFG! ROFL!! +rep

[KAC]

Haha donate now using BTC!

[KAC]

So this coin thing going to go up or what?

[acroig]

So this coin thing going to go up or what?

Maybe.... maybe not.

[Riptide]

Oh it'll go up. Probably come WAY down before it happens though.

[xCLAVEx]

Bitcoin had its worst first quarter in history with over $119 billion wiped off its value.

Arjun Kharpal, CNBC Published 9:28 a.m. ET April 3, 2018 | Updated 1:21 p.m. ET April 3, 2018

For some crypto millionaires, a Lamborghini is a symbol of crypto wealth. Elizabeth Keatinge (@elizkeatinge) has more. Buzz60

Bitcoin and ethereum just had their worst first-quarter price performances in history, but ripple fell the most out of the top three major cryptocurrencies.

Bitcoin fell from $13,412.44 to $6,928.85 in the three months ended March 31, marking a more than 48% decline, according to data from industry website CoinDesk, which tracks the price across a number of exchanges. The cryptocurrency's previous biggest decline came in the first quarter of 2013 when it fell 37.9% from $770.44 to $478.72. CoinDesk has only tracked the price since 2010.

Over $119.9 billion was wiped off the market capitalization or value of bitcoin in the time period.

More: Prepared for the drop? How to handle the next market crash

More: Millennials saving well, but they're investing their money all wrong

More: Stocks plunge as trade, tech worries drag prices down; Dow drops more than 450 points

Ethereum meanwhile saw a 47.7% decline in price in the first quarter of 2018 from $755.76 to $394.65, according to Coinmarketcap.com, another site which tracks the price of various digital currencies across exchanges. The site first started tracking ethereum in the middle of 2015. In the first quarter of 2016, and 2017, ethereum was over 1,100 percent and 550% higher, respectively.

Ripple, meanwhile, was the worst-performing cryptocurrency among the major coins in the first quarter of 2018, down 77%. Its price fell from $2.30 to $0.509565, according to Coinmarketcap.com. But this was not ripple's worst first quarter, which actually occurred in 2014 when it fell 96%.


Two IT professionals in Australia are now in hot water over using government resources to mine their Cryptocurrencies. Tony Spitz has the details. Buzz60

Cryptocurrencies have been hit because of increasing regulatory scrutiny and an advertising crackdown on major internet platforms.

Regulators in China and South Korea have come down hard on cryptocurrencies. In the U.S., the Securities and Exchange Commission (SEC) has been trying to bring cryptocurrencies under its laws. And central bankers across the world, including Mark Carney of the Bank of England, have called for more regulation in the space.

Meanwhile, technology giants have moved to ban advertising around cryptocurrencies. In the first quarter of the year, Google, Facebook and Twitterbanned cryptocurrency ads.

At the same time, the amount of new money coming into cryptocurrencies is slowing, which could mean that the growth may not be as fast as previous years, according to a recent academic paper by Spencer Wheatley and Didier Sornette, professors of entrepreneurial risks at ETH Zurich.

https://www.usatoday.com/story/money...ost/481065002/

Ouch

[Riptide]

I just ordered 52 more 1080ti. Eat that crybaby gamers.

[KAC]

Well my electric bill came. It is up by quite a lot since I ran the A/C all days. I have increased the temp to now 26 C that means it will turn on / off quite a few times during the day. Cards are cooking the small maid's room they are in. Running at about 54-60 C (depending on the card) w/ +75 core and +400 memory. Still mining without issues for past 2 weeks without interruption so not too concerned yet.

[Seyiji]

Well my electric bill came. It is up by quite a lot since I ran the A/C all days. I have increased the temp to now 26 C that means it will turn on / off quite a few times during the day. Cards are cooking the small maid's room they are in. Running at about 54-60 C (depending on the card) w/ +75 core and +400 memory. Still mining without issues for past 2 weeks without interruption so not too concerned yet.

*cough*

[KAC]

Yup was still mining without any issues even with my socket failing. Just stopped for like 5 minutes to replace plug and change wires.

[GTwannabe]

I just ordered 52 more 1080ti. Eat that crybaby gamers.

Sucker move... I'm going to make a mint marketing RGB power cords and tempered glass riser cards to miners.

[Riptide]

^^ lol

54-60c is not a problem at all and I'd keep my AC down to hold temps in the low 60s. That is still WAY under thermal throttling threshold.

[curio]

Ouch

Still worth 6x more than it was a year ago

[KAC]

The earn rate is pretty shitty though.

[Riptide]

Gonna be that way for a while. Months maybe longer. My prediction is 5k or less for BTC this year.

[KAC]

Finally Nicehash new version came out and my mining rig has been non stop mining. Will see if this is sustainable as I wasn’t a fan of Zergpool.

Edit: Ran it all night and still fine. Last version was crap. Made me lose a month of mining.

[Exposed]

Well my electric bill came. It is up by quite a lot since I ran the A/C all days. I have increased the temp to now 26 C that means it will turn on / off quite a few times during the day. Cards are cooking the small maid's room they are in. Running at about 54-60 C (depending on the card) w/ +75 core and +400 memory. Still mining without issues for past 2 weeks without interruption so not too concerned yet.

Maid? Maybe if you washed your own clothes you wouldn't need a maid or need to mine for their wages.

[KAC]

Maid? Maybe if you washed your own clothes you wouldn't need a maid or need to mine for their wages.

I am cooking the maid.

[Riptide]

Exposed maybe if you mined you could have a maid too? Since I started I've got a rotation going. One even washes my balls.

[KAC]

The new Nicehash earn rate is better than Zergpool and Miningpoolhub combo I was running.

[KAC]

2 days and Nicehash is not bothering me anymore. Glad this thing is finally fixed. So it never really was a problem with my setup but just Nicehash crapping out it seems.

[curio]

I'm liking this new Cryptonightv7 algo so far; seems competitive

[Riptide]

AMD hashes better on that one. All memory bandwidth.

[curio]

Yeah definitely doesn't get as warm as the others so not nearly as processor heavy; but still outputting over .002+ btc/day for me which is on par with the others

Nicehash has been switching to it more and more it seems

[Riptide]

Because monero forked. And when they did that 3/4 of the network hash took a hike. Botnets and ASIC mining were just destroying it for everyone else.

Now that things have improved it's good - for a while. After everyone puts their stuff on it though I expect it will get more difficult. And soon.

[curio]

Right

[KAC]

I wish all miners would go away now. Especially those ASIC mofos.

[andino]

$3 bucks a day!!!

[KAC]

Not quite 3 bucks a day. Not sure how you are boning that much. However, the rig has already generated about 0.0022 this day with still 4 hours to go.

[curio]

Not quite 3 bucks a day. Not sure how you are boning that much. However, the rig has already generated about 0.0022 this day with still 4 hours to go.

That's about the rate I'm on

[acroig]

Not quite 3 bucks a day. Not sure how you are boning that much. However, the rig has already generated about 0.0022 this day with still 4 hours to go.

Wondering what the electric and cooling cost to earn that is.

[KAC]

Last month my electric bill was about 200 more than previous month but that also includes the additional AC for my main rooms. So I am guessing about a 100 bucks additional cost for earning about 500 a month right now.

[andino]

So basically 20% of the profits?

[saumilsingh]

Just use these to cut electricity costs and drive profits up.



[yt]06xFhUHFnx8[/yt]

[yt]otjvUz7qKXc[/yt]

[curio]

^

I am planning on getting solar panels someday sooner than later; and a few Powerwalls

[GTwannabe]

Hook up a stationary bike to a generator and make the maid pedal.

[KAC]

Tried that. Maid expired. Cost of visa, feeding her, and sending her body back was too prohibitive. Also I misplaced her passport.

[acroig]

Tried that. Maid expired. Cost of visa, feeding her, and sending her body back was too prohibitive. Also I misplaced her passport.

Man! First world problems are a bitch, eh?