Is mining a meme?

is mining a meme?

then why did i just fall for it?

Other urls found in this thread:

whattomine.com/coins?utf8=✓&adapt_q_280x=0&adapt_q_380=0&adapt_q_fury=0&adapt_q_470=6&adapt_470=true&adapt_q_480=0&adapt_q_570=0&adapt_q_580=0&adapt_q_750Ti=0&adapt_q_10606=0&adapt_q_1070=0&adapt_q_1080=0&adapt_q_1080Ti=0ð=true&factor[eth_hr]=165.0&factor[eth_p]=720.0&grof=true&factor[gro_hr]=87.0&factor[gro_p]=720.0&x11gf=true&factor[x11g_hr]=31.8&factor[x11g_p]=750.0&cn=true&factor[cn_hr]=3960.0&factor[cn_p]=600.0&eq=true&factor[eq_hr]=1560.0&factor[eq_p]=660.0&lre=true&factor[lrev2_hr]=26400.0&factor[lrev2_p]=720.0&ns=true&factor[ns_hr]=3600.0&factor[ns_p]=840.0&lbry=true&factor[lbry_hr]=480.0&factor[lbry_p]=720.0&bk2bf=true&factor[bk2b_hr]=4800.0&factor[bk2b_p]=720.0&bk14=true&factor[bk14_hr]=6600.0&factor[bk14_p]=720.0&pas=true&factor[pas_hr]=3060.0&factor[pas_p]=720.0&factor[skh_hr]=90.0&factor[skh_p]=630.0&factor[l2z_hr]=420.0&factor[l2z_p]=300.0&factor[cost]=0.1&sort=Profitability24&volume=0&revenue=24h&factor[exchanges][]=&factor[exchanges][]=bittrex&factor[exchanges][]=bleutrade&factor[exchanges][]=bter&factor[exchanges][]=c_cex&factor[exchanges][]=cryptopia&factor[exchanges][]=poloniex&factor[exchanges][]=yobit&dataset=Main&commit=Calculate
cryptocompare.com/mining/calculator/eth?HashingPower=240&HashingUnit=MH/s&PowerConsumption=900&CostPerkWh=0.128
twitter.com/NSFWRedditVideo

how much is that costing you and how much is it making?

you're an idiot

Making about $450/mo, -$80/mo for electricity

...

>when you can't pay for your electricity in bitcoin
:^)

I think people should be more interested in how quickly things that you would never mine with can mine
Pic related

You can't mine BTC anymore bud :^)

Thank you, man. I hope you'll make a great contribution to eliminating gaymers from Sup Forums. The next target is applefags. And Sup Forums will be great again, a true tech board without consumerist shopping shit.

>when you can't pay for your electricity in cryptocurrency

The currency is extremely volatile, even still experimental, etherum requires consumer cards, and doesn't allow ASICs. 3 reasons not to mine.

>is mining a meme?
yes
>then why did i just fall for it?
because you kept reading how it's the next big thing and how much money people have made

unfortunately, you fell into the trap, the income is declining, and you will, at best, break even on your investment, but more likely lose out because really you are more than "months" late, but "seasons" late

don't encourage the cryptoshits
there's not enough of those to go around as is

Nah he's only about half a year late to make any money. Up til April or so you could make a killing with a single gaming card.

Selling mining rigs. I make money thanks to you sheeples.

You're selling the mining rigs because they don't mine shekkles, not because you make a profit selling them

>factory port protectors still on
This is why we can't have nice things. Must find a way to artificially crash the market and give all these mining faggots a thorough skull fucking.

GPGPU was a mistake.

>450/month
>2.5/gpu/day
what gpu gives you that much? are those gtx 1080ti?

not even a gtx 1080ti produces that much these days

Overclocked RX580's.

I have 8 running 24/7

GTX1080's don't even get good hashrates.

>$370 a month
>tfw miners invest thousands of dollars to not even pay half their rent
Literally better off taking each paycheck to a casino.

How much was the whole setup and how long has it been running

prove it

Yeah you fell for it ahahahahaha

Ethereum is going proof of stake next year probably, you won't be able to mine enough coins by then to make your experiment profitable.

Sorry user.

I sell ETH when it's high and buy again when it's low.

Stay mad faggot.

So what is gonna be the next eth?

Chancoin

Yeah right. Just like Doge was a success right? Fucking meme shit.

Dogecoin

I got a single gtx 970 any way i could profit from it

Do you run your own full node or are you in a mining pool?

Naw. Maybe back in June you could get like $5/day but now nothing.

I guess you could do it as a hobby and for fun?

I'm on a pool that gives 0.05 ETH payout everytime it reaches that threshold. I then either hold on to the ETH or sell it at a high count then buy more ETH.

Crypto is not going away and it's not a meme. That's what they said about BTC.

I don't think you are telling us the truth.

>i..it's not a meme mom

Have you broke even with hardware cost yet?

use to hold up a bank and steal more than it cost you when you bought it.

Huh?

Wat?

Yes, I started in June.

Also if you get into mining for money you're going to have a bad time.

It's more of a hobby and kind of fun.

Well make up your mind, is it a meme or not?

Im looking forward to buy a 1080ti, planning to do do mining at night, 12/hrs maybe, should I wait till blackfriday to buy it or just buy it now and star mining?

You are TRANSPARENT
i see memes with in memes.

Having a hobby is a meme?

Technically you could but you will get about 30-31Mh/s and the 1080Ti's are not that easy to power, so the high power usage will be your problem. You can probably undervolt it decrease the clock speed and increase the memory speed.

But remember, 31Mh/s is not that much.

I currently have 8x RX580's and each get 30Mh/s, with a total of 240Mh/s and I undervolt them so they pull less power and generate less heat.

If you plan to start I would plan to start asap because Ether mining will switch to PoS soon enough.

Honestly, you're better off buying ETH when it hits $200 for 1 ETH and then sell it when it hits $300+, and keep repeating that over and over.

Huh

>Honestly, you're better off buying ETH when it hits $200 for 1 ETH and then sell it when it hits $300+, and keep repeating that over and over.
Shhhh youre supposed to tell them to HODL.

Wasn't that regarded bitch drunk af when she wrote that?

Shut the fuck up, you shit stain miner.

i didnt know it was a grill?

This is cool user, mining feels like an underlooked way of making passive income. How much did this whole rig cost?

6x 470, $6.50 a day
you couldnt make $450/month with your larp rig running 8 days a week on free electricity.
whattomine.com/coins?utf8=✓&adapt_q_280x=0&adapt_q_380=0&adapt_q_fury=0&adapt_q_470=6&adapt_470=true&adapt_q_480=0&adapt_q_570=0&adapt_q_580=0&adapt_q_750Ti=0&adapt_q_10606=0&adapt_q_1070=0&adapt_q_1080=0&adapt_q_1080Ti=0ð=true&factor[eth_hr]=165.0&factor[eth_p]=720.0&grof=true&factor[gro_hr]=87.0&factor[gro_p]=720.0&x11gf=true&factor[x11g_hr]=31.8&factor[x11g_p]=750.0&cn=true&factor[cn_hr]=3960.0&factor[cn_p]=600.0&eq=true&factor[eq_hr]=1560.0&factor[eq_p]=660.0&lre=true&factor[lrev2_hr]=26400.0&factor[lrev2_p]=720.0&ns=true&factor[ns_hr]=3600.0&factor[ns_p]=840.0&lbry=true&factor[lbry_hr]=480.0&factor[lbry_p]=720.0&bk2bf=true&factor[bk2b_hr]=4800.0&factor[bk2b_p]=720.0&bk14=true&factor[bk14_hr]=6600.0&factor[bk14_p]=720.0&pas=true&factor[pas_hr]=3060.0&factor[pas_p]=720.0&factor[skh_hr]=90.0&factor[skh_p]=630.0&factor[l2z_hr]=420.0&factor[l2z_p]=300.0&factor[cost]=0.1&sort=Profitability24&volume=0&revenue=24h&factor[exchanges][]=&factor[exchanges][]=bittrex&factor[exchanges][]=bleutrade&factor[exchanges][]=bter&factor[exchanges][]=c_cex&factor[exchanges][]=cryptopia&factor[exchanges][]=poloniex&factor[exchanges][]=yobit&dataset=Main&commit=Calculate

Mine Monero like Weev and mine a little bit of any new shitcoin that might have potential like the recent boom, you could have banked hard investing into Monero last year.

ETH has been considered shit by the Crypto king, Weev.

Is this like a clicker game in real life?

>Can't even post a link

Stupid faggot

Around $2800 with all 8 GPUs and parts.

I wish I started earlier though. Maybe around May.

So saying switch to Monero? I'd like to keep the rig for a while, although I can slap it on eBay if needed to get funds back.

The whole point of mining is to get the coins then store it OR sell it and buy something else that's up and coming.

Bitcoin worked the same way. It's not going to crash as much as banks want it to crash.

Miners are the fucking worst, i can't believe even the shittier cards are overpriced thanks to you fucks.

neo

when has it not inevitably crashed

It's not going to crash, especially BTC is here to stay.

that's what they said the last couple of times

Did you actually click on it? user went ahead and made the calculations for you.

You're lying

Yep. Except the task is harder than hitting a flash button.

When did it crash?

Last big one was last week, but it's back up to almost $4k/1btc. This only happened cuz the Gooks are cracking down on crypto cuz their government are a bunch of fucking commies.

You seem jealous.

cryptocompare.com/mining/calculator/eth?HashingPower=240&HashingUnit=MH/s&PowerConsumption=900&CostPerkWh=0.128

Here's a proper calculator for you 2 retards.

I have 8x RX580s, underclocked and OC'd memory eating a mere 110watt per GPU.

>When did it crash?

>$2.50 per day
Is this seriously what people have driven the prices of cards up so high for?

OP do you mine ETH all day or distribute between alts?

I'm making 950-1000$ per month with my setup.

What's your setup and what are you mining?

I have 3 Antminer s9, i opened up all and watercooled them.
I'm currently running 1 on solo mining bitcoin and the other 2 are in a pool.
I tried bitcoin cash but its not really worth it at the time.