Has the mining meme gone too far?

Has the mining meme gone too far?

Other purposes of such a motherboard?

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folding, and pw cracking.

Home AI

Waiting for PoW crypto to die so I can scoop up cheap used GPUs.

Ray tracing. Playing Crysis. SETI@Home.

>Waiting for PoW crypto to die so I can scoop up cheap used GPUs.
I don't think that's gonna happen any time soon, if at all, user.

hmm, password/hash cracking?

>playing crysis
KEK

>put a 5.1 sound card in each slot
>get a shit tonne of speakers
>enjoy your 95.19 audio system

I hope they eliminate gaymers from Sup Forums.

Low-Mid range cpus with cheap components that were running 24h a day with cheap psu's. No thanks. I wouldnt even consider buying one used BC mining gpu for less than 30€.

> This ^

Miners are in for a rude awakening when coin markets crash. I'm not touching used hardware with a ten foot poll. Nvidia/AMD nor AIBs make any money off used sales. Thus, new card prices will plummet. Used market can go eat a dick. I'll be buying brand new @ MSRP $379-$499. They should have thought about recouping capex cost before participating in a ponzi scheme and pissing off the people they'd have to sell to down the road.

>when coin markets crash
you're assuming they will.

Retards will buy the used cards in droves

>Low-Mid range cpus with cheap components

How does that affect the GPU

>with cheap psu's

Actually they tend to buy 80+Ti (aka 90+) efficient power supplies to boost their margins.

All ponzi schemes eventually do. Every generation needs to relive the painful experience of losing their shirts to a ponzi scheme in order to believe the obvious.

And such retards will get first hand experience w/ the disaster of abused out-of-warranty hardware. Brainlets don't build their own computers and typically are informed especially when it comes to vidya. Thus, the demand side when know exactly where the cards are coming from once the flood begins. Given how pissed everyone is about these faggot miners, I think you're being a little delusional if you think there's a significant number of retards who aren't going to make them pay when it becomes a buyers market. What goes around comes around friendo. Ebay return policies are brutal.

S&P 500's done nothing but go up for the past eight years. Even if what comes up is doomed to one day come down, "one day" might be many years off.

> I'll take "What is the 2008 crash" for $500 Alex.

I recall the same smartass remarks before people began jumping out of windows in 2008. They big reason why so many lose their shirts is because they knowingly believe a lie and participant until their position is absolutely destroyed. The recent pullback shaved $1000 off bitcoins valuation and the whole time people kept saying : It's going to go back up. What simply occurs when the real crash comes is that you're simply gonna say :
> It's gone nothing but up
> One day is years off
Right up until it goes to zero.

Furthermore, were talking about broader society not the peanuts a couple of morons gathers before a ponzi crashes. This shithead ponzi scheme has resulted in precious compute resources being out of reach to people who aim to contribute to society. It also has resulted in vast wasting of energy. Every claims they care about the environment up until you tell them they can make some shekels destroying it.

You get some shekels and the society around you crumbles. You can't eat bits/bytes. Bits/Bytes don't fix society once you've undermined it and conditioned everyone to be gamblers who ignore the truth.

No amount of earnings from such ponzis ever reverses the damage they do. When you have some years under your belt and money, you start to see things in 20/20.. Meanwhile, everyone needs to learn their hard lessons so they don't make arrogant pronouncements about fat cats fucking them over while they make pennies on the dollar. Everyone complains about the rich fucking the poor, muh income inequality, etc but are right out there supporting it when they get thrown some pennies.

When markets come crashing down and everything tied to them, tell me about the stupid shit people did with the proceeds from playing in the casino.

If it weren't for willful participants, no such bubble/ponzi scheme could ever exist. Just remember that the next time you cry about the rich fucking you over. They fuck you over because you line up and beg to be fucked.

>mmuh rich people
just become rich yourself lmoa.

they have to be good PSUs to maintain efficiency you salty no coiner

Yeah and how many times in the years post-2008 have people predicted another recession that didn't happen?

You aren't able to predict crypto markets any more than "real" markets. Crypto might crash tomorrow, or it might just go on steadily for years and years to come. You're a fool if you're confident that the air will soon come out of it. The market can stay irrational longer than you can stay solvent.

Yeah and all the miners care not a bit about whether you approve of them buying GPUs and using energy. Your indignation doesn't concern them, money does, and they'll keep on mining so long as people are paying them to do it.

I'm not saying crypto will never drop and will moon forever. Of course it'll drop one day. I'm saying that you have no ability to predict when that will happen. Remember how Greenspan was saying markets were showing "irrational exuberance" in 1996? The bubble kept on inflating for another four years.

Vega might never drop to MSRP. However much you'd love for miners to get the comeuppance you think they deserve right this instant, that might not happen until we're debating whether Vega 3s and GTX 1280s will ever be in stock.

You assume people who speak the truth whom are critical of it aren't...

> They fuck you over because you line up and beg to be fucked.

What i see are poorfags rallying behind the rich because they are tossed breadcrumbs. I'm just pointing out how ridiculous you look especially after the crash.... Also, how much of a hypocrite you are and how you're no different than the (rich) you accuse thus requiring new sympathy when the bell finally rings....

A rich person could use such logic to have zero sympathy poorfag ...

No one fucks me over tho and idgaf lmoa. I don't have to work and I have everything I need, money, friends, gf, plenty of time to lift and have fun. Why care about some rich fuckowho literally doesn't affect me at all.

Are you 12?

Holy shit, toddler mentality. You can't be older than like 14, right?

This is by far the greatest bait I've ever seen on this board.

May you receive an endless stream of (You)'s my underage friend.

> why give a shit about the world beyond my own selfish life

I hear you loud and clear...
Just making sure you hear yourself
and understand the implications

lmoa wagies are so mad everytime you tell them you don't have to work because of your passive income.

>This shithead ponzi scheme has resulted in precious compute resources being out of reach to people who aim to contribute to society. It also has resulted in vast wasting of energy.
so much this. we're taking rare materials to produce electricity, just to waste it on some psychopaths scam. uranium is finite and extremely dangerous. but ayy lets all ignore safer and cheaper alternatives bcos muh capitalism and sheeeeit

t. salty nocoiner

t. Ponzischeme shill

>I don't think that's gonna happen any time soon, if at all, user.

Not even sure I should get into this in this thread..

..but I can assure you that it will end and it will end very badly.

Bitfinex is the biggest crypto exchange by volume and they also own a USD token called Tether (USDT). This is a digital USD "equivalent" that they claim has a 1:1 USD backing but in reality it doesn't.

Over 300 million USD worth of these things are issues, the cast majority of it after Bitfinex lost their banking,
coinmarketcap.com/assets/tether/

The 2013 crypto bubble was created by one big exchange, MtGox, buying up BTC with fiat that didn't actually exist.

Now we have a much, much bigger bubble and a bigger exchange Bitfinex, running the show with more fiat that doesn't exist.

This will end, and it will end very badly. When? I noticed red flags on MtGox in April 2013. The show kept on going until February 2014.

USDT is in a both worse and better situation because it's on so many exchanges so this could go on for a while. Let's say you want to get $10000 USD for your 10000 USDT. Bitfinex can just buy $10000 worth of BTC on Polonix with 10000 freshly created USDT and sell it for 10000 realUSD and give you that. The shit doesn't need to hit the fan for quite a while (but it will).

Coinfags making $1/$2 per GPU not accounting for capex while pissing the world's most precious resources down a drain thinking they have passive income....

Shekels that don't even negate headline inflation.
> mfw when there is no need to be sympathetic of the 99% because they'd be just as ruthless as the 'assholes' at the top if given a chance.

A reckoning is coming. The coinfags and the most shit tier among human beings will REEE the loudest.

The louder and more arrogant their pronouncements leading until that day the louder their screams once the bell is rung.

What you sometimes can't wrap your head around is how the lowest tiers of the ponzi and pyramid are the ones who have the most confidence and are most adamant about their standing. I don't think its a struggle to understand anymore. They have the same toxic mindsets and dispositions albeit on a pinny-wise budget

>SETI@Home
>not Hentai@home

shiggydiggydo

I'm not even a coinfag tho, just renting out apartments I own.

BTC will end the day it comes into conflict with the powers that be. The same way they compromised and destroyed the impenetrable TOR network with distributed nodes is the same way they'll compromise and destroy coin systems.
They're just letting them get nice and fat so when that day comes the echo is heard around the world. As there are no regulators or centralized entities, there will be no one to cry home to.
The exchanges nor coins are going to collapse under their own weight. It will be brought down under controlled demolition on a technical front at the heart of block chains and proof of work....
The same way they brought down TOR. As for how? That's why you get a formal education in CS instead of hacking together a revolution via re-branding distributed ledgers +a shit tier memory hardness scheme and marketing it as as being bullet proof to brainlets.

> Also, when you don't own the pipes your data goes across, there is zero security in distributing data across them. Big data entities learned this the hard way not some long time ago....
> mfw these idiots thought the govt. would actually let them develop and procure this shit without the ability to compromise or shut it down when they decide.

BTC is already obsolete, it's only around due to network effects, name recognition, and first-mover advantage. One of the privacy-centric altcoins will take over.

other than complete fucking idiots butthurt that they have to pay a bit more to play their shitty vidya
how about 19 16port HBAs. 304 drives in one system. 2212TiB with 8TB drives, 2765TiB with 10TB drives, all running off one i7 with 32GB ram

oh im laffin

> rent seeker
> Ponzi schemer
> coinfag
> leech

A funny thing happens to an economic engine when the standard for success becomes being a leech/ponzi

lmao jealous nocoiner
hurr u leech! ponzi!

It's all the same shit.
Wasting compute/energy to support a ponzi.
Call it shitcoin for all I care ...

Distributed currencies w/ no central authority or regulation that use the most inefficient processes they can find for transactions are fundamentally all cancers. Ones that are being allowed to fester for reasons beyond the average pleb participating in and gaining breadcrumbs from.

You're getting played like you always do except this time you were given the tools and system to play yourself. Therefore you're less likely to see or believe how hard you're being fucked.

> muh liberation coins

The "no central authority or regulation" is a big selling point, not a drawback.

To a dumbass brainlet. In reality it means when shit hits the fan and it collapses, there will be:
> no one to run to
> no insurance to cover your losses

The selling point for wallstreet is that this is perfect. It means the next 2008 wont have a central authority to blame.. But, you see i'm talking above your head now. Enjoy the revolution friendo. Fight the good fight. By the time you realize how hard you've been fucked and how it wont matter much anyway.

Greed is a powerful force to use against brainlets

how are crypto currencies like bitcoin ponzi schemes? a ponzi scheme has to benefit someone and with a completely decentralized currency there's no governing body. only the people most invested in things like bitcoin would suffer.

Unless the market takes an unpredictable turn, a dev shits the bed, or the government makes it illegal or highly unprofitable to use crypto versus traditional currency, I don't see bitcoin going anywhere.

And if net neutrality is abolished it will create an incentive for people to use ethereum, safe network, et al. Thereby increasing the cost of these currencies and pushing for competition amongst networks and decentralized services.

I think crypto is a healthy market. Its at least about as solid as the stock exchange. And if that's the case you can still make money by trading. Just treat it like a cold shower. You get in, get your shit done, and get out.

>tfw to intelligent
I know how you feel brother

>It means the next 2008 wont have a central authority to blame
Why is that a bad thing? People need to recognize that when bad things happen, it isn't always because one entity did something malicious, or failed to do something they should have. Sometimes shit just happens, and it's really bad, but nobody's fault.

if you try to limit people to transactions that the Dear Leader has decreed are safe and appropriate, bad things will still find a way to happen, just in novel ways.

That Biostar one with all the USB ports, 100+ USB sticks in RAID 0 would be fun to do. Or PCIE to 2-4 Sata and running several hundred HDD's on the same system. I can imagine it would be a hilarious speccy

> how are crypto currencies like bitcoin ponzi schemes?
If you're this dumb there is no hope for you
> a ponzi scheme has to benefit someone
Look at who runs the exchanges and processes the ICOs ..
Look at who runs the markets and determines the bid/ask via such exchanges
Look at who runs the options/future market (you probably dont even know that is)
> Look at who owns the physical network your distributed system runs over
> Look at how every other distributed system running over public networks
Meanwhile, you think because some wet behind the ears self made programmers reinvented distributed ledgers and discovered memory hardness that you're on a magical path to freedom from govt and wallstreet?
LMFAO

The ponzi benefits everyone but you brainlet. You're thrown shekels to keep the game going.
The house wants you to stay and play.

> only the people most invested in things like bitcoin would suffer.
Exactly how its being planned w/ no insurers or central authorities to come to the rescue once a segmented coin system/exchange collapses. Now use two brain cells and try to grasp how this is a perfect model for a central authority who wants all the upside but no liability when shit hits the fan. Literal test dummies.

> Unless the market takes an unpredictable turn, a dev shits the bed, or the government makes it illegal or highly unprofitable to use crypto versus traditional currency, I don't see bitcoin going anywhere.
It's going exactly where they want it to go. When that changes, so will the coin systems. They pile you dummies in for an admission fee, fuck you while you transact, pull the rug, and leave w/o any fingers being pointed. In the past you could cry to an insurer or central banker. Not anymore.

> And if net neutrality is abolished it will create an incentive for people to use ethereum, safe network, et al. Thereby incr. cost of these currencies and pushing for comp. amongst networks and decentralized services.
Exactly as planned

> Its at least about as solid as the stock exchange. And if that's the case you can still make money by trading. Just treat it like a cold shower. You get in, get your shit done, and get out.

Stock exchanges are regulated as are brokers and its ensured.
There's a level of safety and transparency. There is no such thing in a distributed system. Thus, aiming to fuck you, they strip out all of the safety nets and make you believe its good for you meanwhile you bare all the risks including the insane capex cost to fuel proof of work via ghetto rigged data centers.

You really can't come up w/ a better con than this.

> Just treat it like a cold shower. You get in, get your shit done, and get out.
I'm sure that's exactly what people said when the old fiat system was created... then it becomes a standard and pervasive fuck job you can't escape. Just remember that part you played in this one when the time comes to REEE when the fucking starts

^People are really this fucking dumb. The leader never went anywhere brainlet.. They run the exchanges and the ICOs. They just got more clever in convincing your dumbass that they're gone and this system is actually good for you. Meanwhile they have zero liability when it goes tits up. Furthermore, since things are segmented along various coin markets, they can literally let fragments go to zero w/ no risk to the overall system. The seeds of a royal fucking are being planted and you're too dumb to see it even as I detail it to you. As such, you deserve to get fucked.

All transactions are logged for eternity in the ledger.. One that is distributed and built upon as time goes on. As for safe/appropriate transactions, not a single thing occurs over the web without knowledge of it....

You've been convinced you're getting away with something when it reality you're not and allowing something far worse to happen to you.

If you don't see it by now, it means it was meant for you to suffer under down the line. Enjoy it while you can and remember this conversation

>play a different song through each set

>19 pcie slots
How can a lga1150 cpu support so many and wouldn't you get massively reduced performance from running all those gpu's at 1X speed

...

>How can a lga1150 cpu support so many
The usual configuration is 16 lanes for the GPUs and four to the chipset, I think. They probably just sent one to the chipset and split the remaining 19 out to the slots.
>and wouldn't you get massively reduced performance from running all those gpu's at 1X speed
not for mining. Mining basically has each card hammering its own local VRAM with some infrequent communication to the coordinating CPU to report results and fetch more work. There's more than enough bandwidth in x1 to cover that.

oh no

Setting the machine up to do this using PulseAudio is the sixth circle of Linux Hell.

>They'll make professional looking motherboards for coinfags
>They wont make non-gamer looking motherboards for any professionals

REEEEEEEEE

Boy, you sure do know everything! :^)

A completely ridiculous multimonitor setup.

>invest in crypto
>make money
>leave crypto
>somehow (((they))) got me

ok

different user here

i'm not with you or against you, just wanna do a thought experiment. imagine it's the year 2254 right now, and bitcoin is the universal currency. how would you explain away your statement?

jesus, you must watch a lot of alex jones..

>my own selfish life
Please you moral nigger.
Everyone is truly out there for themselves.
The rest are virtue signaling because of how societies rewards it right now

>If you're this dumb there is no hope for you
>Im just going to hurl insults without providing a decent argument
You could try informing people instead of being a faggot

How the fuck does that even work? Do you put things in the PCIe slots that don't go out the back of the machine?

Most miners don't have their machines in cases. They're just on shelves or in some open-air gimcrack setup, with the cards plugged in with extension cables. Doing that lets you connect more cards to a given mobo (this one included) and lets you space them out a bit, which helps airflow and cooling.

Such a setup is, of course, completely incompatible with pets and small children.

>spending more money on a machine than the value of the bitcoin you'll get out of it

It absolutely won't as long as Vertcoin is around.

Bitcoins are like $5000 rn lmaoo

nothing since the bios is tied to ETHos

So, how much resources an average GPU has? Is it worth to buy 1yr old ex-mining GPU?

infinite, i just sold my hd 7950 used 24/7 to mine way back. retired it, used it on my daily pc. then used it to mine again recently and sold it. no hiccups, played gtav 60 fps 1080p with mostly everything on high.

It wont. It will be either eutheriumXII or the one I'm buying™.
It just not the time to buy right now and people will (rightfully) shit on CC in order to get the price down.
Just compare how many actual goods are bought compared to $BTC. CC are useless and most are non anonymous.

Shit's bubbling hard. Go read about 1929 again.

>tfw didn't buy at $2000

JAV storage

>Wasting compute/energy to support a ponzi.
You do realize that some countries produce too much energy anyways and that the people working at those facilities and at the gpu factories earn money too?

Your ponzi reference is false in this case.
In a ponzi scheme only one or a few people earn the big money. In this case a billion dollar industry, mostly nvidia and amd with thousands of employers profits off the idea.

It still may collapse some time, but nvidia already has gained billions of money in hardware sales off it, so it's not the same thing.

Coin has already crashed multiple times. It always crashes, and comes back.

As you've taken yourself out of the market I can afford to buy even more used hardware.

Thanks.

>Other purposes of such a motherboard?

Yeah, vt-d one pcie with a gpu and one pcie with pci usb card to a guest os and voila, you have a full fledged desktop

You could run nine desktops with their own usb ports and dual screens with this?

first thing I thought of

Now you are laughing....

on the peak of ETH 2 months ago i made 10$ a day on a single card
imagine having 8
thats ~2400$ a month
at peak the ROI for a 470 was like 23 days