70 days to recover the cost
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Phi Kappa Chi ΦΚΧ <a:yeah:589703000977571860><a:ppHop:536353159615086612>
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Friday, July 21, 2017
That is pretty good
Ethereum times were around 86 days with the rx470's
it doesn't look like a very nice currency though
It's not profitable to mine ethereum really anymore, at least not buy equiptment
I'm getting spla2n and helping with paying the house's bills
Anything else is going away
i should do some research on this stuff, seems like if i could find a stable currency i could get a loan and buy like 10 miners and be self sustaining in a year
What're we talking about
cryptocurrency mining
Gotta do it while at a uni so free power too
its like $100 a year, thats pretty trivial
i geuss per miner
It adds up
I kinda want to get one
i do too, but its such a long term investment i don't like it
I mean
70 days isnt that long term
etherium is the best one to mine though
several decade later having 100+ miners and being rich Kappa
or the best one to invest in or whatever
I'm very lost
its bitcoin competitors
Okay
That tells me nothing else about it
reggie i was more going on the self sustaining tangent
if you look at this: https://www.cryptocompare.com/mining/#/equipment?f0=ETH
Compare Bitcoin, Ethereum and other cryptocurrency cloud contracts, mining equipment, mining companies and mining pools
Search, order and filter through all Bitcoin mining companies, mining pools, bitcoin mining equipment and ASICs and ethereum cloud mining contracts Prices are updated every ten minutes so its easy to find the top miner for your needs. Want to buy mining bitcoin hardware or ethereum mining graphics cards or GPU's? Use our tables and rankings to find the best product for yourself - list rigs and ASICS by return, days to payback, cost, efficiency cost per GH, electricity use and more.
www.cryptocompare.comthe highest annual minings has a 295 day payback period
The prob with the litecoin one is that ones those start going, the difficulty of mining will prob go up again
So they are prob only worth it if you get on it early
they have to dig deeper
You also gotta take into account exchange fees, but it isnt that much really
Usually like1.5%
assuming constant exchange rate, 10 of these would be self sustaining
Ethereum Mining Rig 188MH/s Overview and Profitability Calculation
The 188 MH/s Ethereum Mining Rig is provided by MineShop. It holds 6 of the most recent AMD graphic cards, the AMD RX 480. These mining rigs are specially developed and reconfigured for Ethereum mining. With this mining rig you will mine at 188 MH/s.
www.cryptocompare.com30 would be a really good salary
No that doesnt work
and probably similar to what i'll probably make with my masters
You cant buy those gpus
why not?
Also those gpu's only produce 132 mh/s
Because they are out of stock
Forever
And when they come in stock they are generally around $400 not $199
the website says its coming out in august
its a rig, not a single gpu
It's a rig using gpus
yes
They have to get the gpus still
Their production is gonna be next to nothing
well someone s buying all of them
Well it's still not 188 mh/s
gpu availability has been down and the prices up world wide aparently
6 gpu @ 23 mh/s does not equal 188
they're custom according to the site
Ok they may be overclocked
suposedly because of these Crypto Currencies
So lets say 27mh/s
Still not 188
you are coming up with random numbers
Thats like a 50% boost over the standard rx480
Which is not possible
i'd wait for reviews anyway
No, i have been doing this, an rx480 mines on current algorithms at around 24 mh/s
And that is ideal temps and oc'd
They arent gonna be able to get them to 33 mh/s
Also holy fuck re:zero is depressing
the shop says 184 Kappa
so thats 30 per
Ethereum rates are dropping off so fast anyway that i doubt they are even using the right price
re:zero is very depressing
it gets even worse in the arc right after the anime ended
I struggle with affective personal destress empathy too, so I dont know why I hate myself so much that im watching it
(Ie, I feel the emotions other people feel. It is extremely painful watching this)
i feel like i've seen that anime before
