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post #12741 of 22537
Quote:
Originally Posted by Playapplepie View Post

I think I stopped mining Doge because I could not get my wallet to sync. It would just keep lapsing over blocks when syncing.  I tried a newer version and that did nothing better.

You can PPLNS right onto your trading-site methinks mate smile.gif. Seeing as Im allknowing and all, youd might wanna start mining DOGE again.
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post #12742 of 22537
Quote:
Originally Posted by charliew View Post


There are good PTS miners for Nvidia. Overkill PSU you have there for 1 card btw, get another 780 smile.gif.

Also, atm youll get about 1 pts every 2 days (maybe 1,5 PTS). Thats about around 5-7 dollards a day at current value.
How much your power cost is depends on how much you pay for electricity ofc.
Also factor in the lowered lifetime of your gpu etc... its not much.


I started out on 2 780s last week mainly to get a "investment free" way of trying out trading. Turns out its fun as hell!


Try to set up a PTS-miner at ypool using arCUDAminer 1.0c.

"arCUDAminer_cm3.exe -o http://ypool.net:8082 -u WORKERNAME -p WORKERPW -m avx
pause"


Just give it a shot smile.gif.


EDIT: Yep.

Hmm i actually bought that psu in anticipation for 20nm gpus. The 780 is just something to tide me over until its released. Im hoping to make some extra cash to go towards20 nm cards. You mentioned gpu degradation? Will it be that hard on the 780 itself even with the fan ramped up to maximum?

How do i actually get started mining though? not very sure if there's anything i need to do beforehand or something else as im a total newbie at it.

Thanks:)
post #12743 of 22537
Quote:
Originally Posted by Nickyvida View Post

Hmm i actually bought that psu in anticipation for 20nm gpus. The 780 is just something to tide me over until its released. Im hoping to make some extra cash to go towards20 nm cards. You mentioned gpu degradation? Will it be that hard on the 780 itself even with the fan ramped up to maximum?

How do i actually get started mining though? not very sure if there's anything i need to do beforehand or something else as im a total newbie at it.

Thanks:)

http://www.overclock.net/t/1462655/guide-nvidia-amd-pts-gpu-mining/

Everything you need to know smile.gif.

Also, 780s overclocked kicks the behind of everything you throw at it at human resolutions. I bought 1, got a deal too good to say no to on another. And now Im sort of content.

About the degradation tho, its no harder than 24/7 gaming to be frank, but that might be a bit. Nobody knows smile.gif.
Keep under 80c imo.


A big part of the "cost" side of mining is the time you need to invest in learning what the heck youre doing. But if youre intrested and think its fun thats not really a cost imo, and in that case its profitable (however little).


Its all a risk, the market could crash in 15 minutes leaving some people at a 25k deficit while youre trollolololing around. Or it could skyrocket into a 2k bitcoin at the end of 2014, leaving said 25k investor a rich, rich, rich lad.
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post #12744 of 22537
Quote:
Originally Posted by charliew View Post

http://www.overclock.net/t/1462655/guide-nvidia-amd-pts-gpu-mining/

Everything you need to know smile.gif.

Also, 780s overclocked kicks the behind of everything you throw at it at human resolutions. I bought 1, got a deal too good to say no to on another. And now Im sort of content.

About the degradation tho, its no harder than 24/7 gaming to be frank, but that might be a bit. Nobody knows smile.gif.
Keep under 80c imo.


A big part of the "cost" side of mining is the time you need to invest in learning what the heck youre doing. But if youre intrested and think its fun thats not really a cost imo, and in that case its profitable (however little).


Its all a risk, the market could crash in 15 minutes leaving some people at a 25k deficit while youre trollolololing around. Or it could skyrocket into a 2k bitcoin at the end of 2014, leaving said 25k investor a rich, rich, rich lad.

Thanks for the link.
By deficit you mean electricity cost if mining value crashes or is it something else?

i better jump in while its still hot in that case.tongue.gif
post #12745 of 22537
i guess ill mine leafcoin for a bit? is protoshares still worth it? dont know which else to do
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post #12746 of 22537
Quote:
Originally Posted by Nickyvida View Post

Thanks for the link.
By deficit you mean electricity cost if mining value crashes or is it something else?

i better jump in while its still hot in that case.tongue.gif

Well if mining turns out to be a bummer, miners can sell their **** and still earn some money. Investors who just buy to trade lose all their money.

Bitcoins were down at 100 dollar a while back, thats 1/6 of what it is now. Just today its jumped like 10-20% up.


Its basically ULTRA VOLATILE currency trading. With funny dog-memes and a great community smile.gif.


EDIT: Also, its not that "hot". If you go in thinking this is a fresh market youd be mistaken. You SHOULD also think that its a lot more high-risk than it is if you do that. Start by googling and watching videos etc.


EDIT2: Spelling. Im swedish and semi-drunk. Dont hate.
Edited by charliew - 2/14/14 at 9:55am
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post #12747 of 22537
Quote:
Originally Posted by charliew View Post

Well if mining turns out to be a bummer, miners can sell their **** and still earn some money. Investors who just buy to trade lose all their money.

Bitcoins were down at 100 dollar a while back, thats 1/6 of what it is now. Just today its jumped like 10-20% up.


Its basically ULTRA VOLATILE currency trading. With funny dog-memes and a great community smile.gif.

ah i see. sounds like investing in shares:p

I'll give it a go right now and i'll report back.smile.gif
post #12748 of 22537
That worked out well, I started mining Emeralds a few hours ago, I got paid out my first 25 coins, took them straight into Criptsy and sold them on a bounce and took them and bought Doge on a low, now all I gotta do is hope Doge comes back up reasonably soon. wink.gif
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post #12749 of 22537
Hey Fellas, I need some input from the veteran miners we have here. I have been mining for a few months on a pair of 7970s and a 6950 that I had in the house. I have already made ROI on those and am now looking at making a pretty hefty investment (in my world of finance anyhow) into building a 6 card setup. I don't pay for electricity and am looking at going full in on some 290x's, before you blast me for it not being hash/$ logical...hear me out.

I'm looking at roughly 5k in out of pocket cost to put the machine together and get it up and running (I have a lead on a handful of them at $599 still). If everything stays healthy and mines at 900+ per card like it should, I'm looking at 80-85 day ROI. If everything crashes the next day, I can still get money out of the 290x cards due to other people still being interested in that particular line for other than mining, whereas if I were to go with say a 270 and build multiple stacks of them, I would end up stuck with 18 of those suckers to sell off and probably take a bigger loss trying to get rid of a mid-line at best card.

The other concern is cubic footage...I'm trying to keep the footprint relatively small since this is running in my existing server room and I don't want to tie up a whole section just on bringing in mining machines...I have a business to run afterall smile.gif.

Input and suggestions are encouraged - let me know if I am way off base or if it makes sense to stay with the upper-tier cards here.
post #12750 of 22537
Quote:
Originally Posted by xXPeonXx View Post

Hey Fellas, I need some input from the veteran miners we have here. I have been mining for a few months on a pair of 7970s and a 6950 that I had in the house. I have already made ROI on those and am now looking at making a pretty hefty investment (in my world of finance anyhow) into building a 6 card setup. I don't pay for electricity and am looking at going full in on some 290x's, before you blast me for it not being hash/$ logical...hear me out.

I'm looking at roughly 5k in out of pocket cost to put the machine together and get it up and running (I have a lead on a handful of them at $599 still). If everything stays healthy and mines at 900+ per card like it should, I'm looking at 80-85 day ROI. If everything crashes the next day, I can still get money out of the 290x cards due to other people still being interested in that particular line for other than mining, whereas if I were to go with say a 270 and build multiple stacks of them, I would end up stuck with 18 of those suckers to sell off and probably take a bigger loss trying to get rid of a mid-line at best card.

The other concern is cubic footage...I'm trying to keep the footprint relatively small since this is running in my existing server room and I don't want to tie up a whole section just on bringing in mining machines...I have a business to run afterall smile.gif.

Input and suggestions are encouraged - let me know if I am way off base or if it makes sense to stay with the upper-tier cards here.

That rig would need some aperage too mate. Maybe its smarted to go with 2x 3x 290x rigs to spread out the power usage? Also you can skip risers and go 3x on a mobo with 2x 140mm fans blowing in between them.
Edited by charliew - 2/14/14 at 10:21am
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