43MH/s ETH mining

43MH/s ETH mining
coreclock set to 1000 and memory set to 1100
fan speed set to 50% temp is 63C
GOD BLESS AMD

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>mining eth instead of xmr with vega
get out

>mining at all

Mining is turning into an unprofitable business yet dumbasses keep buying up gpus so they can passively make $50 over a month without realizing they just used $40 worth of electricity, now the consumer market has to take the hit with increased computer component prices because of uninformed people like you

>t. no idea what I'm talking about and too lazy to do basic math

>muh wow gold thread #5012310230123

Doesn't matter it's a PSA to all miners

I'm making $10 a day from my 1080 and 2 1060s. Fuck off retard.

>I live with my parents so the electricity is free

Back to your containment board

So you make less a month than the lowest amount unemployment checks given.
That's fucking sad.

plis stahp user.
i'm begging you.
I just need a new gpu to play vidya.
I can't take it anymore.
plis stahp, just for a couple of months. It'll help stabilize cryptos a bit, then you go back into the game.
just let me buy a new gpu already.
plis
plis

>bragging about $300/month

> in a couple of months people will be dumping their Vega 56 and 1080

next crash when? I'm dying here with my shitty entry level GPU.

This unemployment would give you like 350-450 a week

you're making less than unemployment

>couple of months
I've been trying to get a new graphics card for almost a year now.

>buying sloppy second mining cards
don't do that, no matter how desperate you are

>350-450 a week
USA is a socialist state.

...

I'm gainfully employed so I can't collect unemployment checks unlike you. Too bad for me I guess.

>I'm too dumb to use basic math to figure out that electricity costs are almost negligible under this scenario.

Go away retailer shills

>GOD BLESS AMD
and god punish everyone in these pyramid schemes

>ree how dare these people use their hardware for something useful I need to play muh gaymes

>electricity ever negligible
Uhh right.

If you actually do the calculations yourself you'll find that electricity is less than 10% of total revenue you fucking dumbass. Stay buttmad gaymur.

So 9 dollars minus your initial investment minus the cost of an internet connection every month... wow you're making about 5 bucks a day! ur so smart miner!

And you're making negative money with your intial investment, power, and internet costs. Way to go!

>$300 month from 24/7 GPU at max power

>1080 GTX draws ~180w
>1060 GTX draws ~120w

180 + 120 + 120 = 420W

Assuming you run these on 2 computers with average wattage of ~ 100w(excluding GPU), that's 620W operating 24/7.

If the cost of electricity is $0.10/kwh, thats -$45/m. So $300-$45 = $265/m

That's pretty good for any non-US country where the cost of living is very low or wages are low. This is just passive income.

So got any proof? Also do you solo or are you pooling it?

ITT miner shills defend making their mommy's power bill go through the roof

It's not about collecting or not collecting unemployment, it's that you are making LESS than unemployment

What if you collect unemployment AND do mining at same time? What a thought

biz is trading/investing/shilling/fudding, g is mining
No one talks about mining on biz

>running GPUs at full power
More proof that you have no idea what you are talking about. No one actually does this. I run mine at 60-70%, on one machine that draws less than 500W from the wall including the CPU also mining Monero.

>$3000 a year for zero effort
I bet you complain about products that costs much less being overpriced.

>Zero effort
>killing your computer and running the fuck out of your house's power grid
>Only making a measly 3k
Shit's sad
Then do that and you'll still barely be able to live

If you're using it as a dedicated mining machine, why aren't you pushing the GPU higher to atleast 90%? Seems like a waste of resources

>This is just passive income.
except that you can't use the coins, for anything besides black market deals.
and that the extra heat in your household will increase AC costs
and the decrease in GPU, PSU, and memory running the OS's lifespan
and the fluctuating market making that 10 dollar a day swing to ten cents a day practically over night..

600w is nothing.

Coinbase exist to exchange moneycoins

Fluctuation can also mean $10 = $100, either way, approximate value is $10, according to the guy.

>decrease in GPU/PSU/Memory
Under steady condition, this should last few years. If its only 1 year, that's $3000 net positive already. Replacement for one of the parts will only take away a fraction of the net positive. That's the worst case scenario too.

Making 65$/day considering electricity costs.
Comfy :)

>killing your computer
I've had a 7970 running since the Bitcoin days in 2013 still working fine to this day
>running the fuck out of your house's power grid
Uses less than half the energy of a microwave. Raises my power bill from $30 to $60 in the summer and does nothing in the winter. I'm still using less electricity than most people.

>except that you can't use the coins, for anything besides black market deals
I can deposit them in an exchange and withdraw USD to my bank account.
>and that the extra heat in your household will increase AC costs
I don't run AC, it lowers the heating costs I only have electric heating so it's basically free to run in the winter.
>and the decrease in GPU, PSU, and memory running the OS's lifespan
People have been running cards since the original Bitcoin days still working fine to this day. I'm using a server PSU designed for 24/7 operation. RAM does not degrade. You obviously have no idea what you are talking about.
>and the fluctuating market making that 10 dollar a day swing to ten cents a day practically over night
Show me a coin that dropped from $10 to 10 cents overnight.

Stay buttmad poor gaymers.

lol, don't forget the roam and board costs for having this shit filling up a perfectly good room in your house.

>AC costs
Heat is a commodity in many places.

>mfw people still mine instead of setting up secure nodes

My house is large and i've plenty of unused rooms. Stop being in denial, if you can afford the initial investiment there's no reason at all to keep being poor ;)

>(((secure)))
Sorry buddy the only thing secure is hashing power.

t. I don't know what i'm talking about

I make 3k in a week tho

Get a real job, join the workforce

$14/mo at 300W 24/7. I'm not a miner anyway, though.

a single vega will pay for itself in 4 months
just upscale it and you make good money

You mean 3k in 40 hours (((before tax)))? Whereas my 3k comes from 2 hours of setup and maybe 2 hours of maintenance per year.

>having some yuppie cuck boss you around
no thanks

lol what an dumbass

>having major issues with authority figures who are more qualified than you
Teenager tier insecurity, my boss is cool as hell

(((qualified)))
most of them end up in authority positions through networking

>iphone 8 gets 40MH/s

hahahahaha

No he's genuinely far more qualified
Business major from Harvard and mechanical engineering from Ohio State

/biz/ was literally created to keep cryptoshit out of Sup Forums, fuck off

regardless, the only thing that matters at the end of the day is how much you make and who you control. playing some dumb social game where qualifications make you "win" when you dont have a degree from a prestigious school yourself is just cucking yourself. the hierarchy that decides how resources get distributed isnt something to just be accepted if it doesnt benefit you.

I control around 10-15 people and make roughly 240k after taxes
But then again I live in commiefornia so taxes are high

I'm 22 and studying

>AC costs
>Not watercooling your shit

I shiggy diggy rest in peace biggy my niggy

also obligatory fuck you for arbitrarily jacking up GPU prices

>namefag

In contrast, how does an old 7950 do for ETH mining?

>65 dollars a day

You also forget how much all that equipment cost. You aren't making shit on it until that 65 dollars a day has paid for the whole rig, only then is it straight profit.

Dumb ass butt-coin miners can't into profit and loss, nigga that's Economics 101

t. independent owner/operator truck driver

side note: I have free electricity (at work).

$2000/month

Judging by the picture, that's 9 GPUs. If we assume its all GTX 1070s, that's $4500 right there. However there seems to be 3 systems, so $500 x 3 = $1500 + $4500 = $6000.

That's 3 months's income to pay it off.

>stop being poor, just spend all your money on a fad and hope that it keeps up.
Solid advice...

>$65/month

This is nominal, but the payoff if/when ETH reaches unforeseen heights.

Just when I felt logically compelled to stop my shit-tier BTC mining operations 3yrs ago because I "only" mined 0.75 BTC @ $300-per-coin value, and my electricity costs were such that I was breaking even.
Had I persisted or just bought some BTC, I could've been sitting pretty right now.

Woulda/coulda/shoulda....I don't fault OP for being a low-risk-high-reward miner.

If you gave me that, I would sell all of it and use that to trade it into 100k within a month, miners are the ultimate cucks

>setup free money generator
>continue normal life

???

>make $50
>spend $40
hmmm
>retard

LMAO THAT'S NOT MUCH MONEY I MAKE MORE THAN THAT AT MY MCJOB

Over the span of the month
>Sounds practical

He made a net profit of $10 for doing nothing idiot. Go back to your fucking mc job mc slave.

>everyone that isn't mining works in fast food.

>dumbestwojack.jpg

AHAHAAH

>what is upscaling

3 month's income not including bills/rent/vehicle costs?

>inb4 live with parents/no car

except his "profits" are subject to wild fluctuations
so cryptocurrency is all the risk of the stock market with none of the benefits?

Remember:

youtube.com/watch?v=KTf5j9LDObk

economics 101 stupid fags

>600w is nothing.
pretty sure it's 600w a minute, not hour.
>he doesn't realize the heat still needs to dissipate into the air after being moved to the liquid
kek

>mining
>useful
you realize they're using the hardware to crack encryptions while simultaneously using black market shekels to deprecate your local currency and bank... right?

9 GPU running 24/7 @ 150w
3 mobo/cpu system running @ 100w 24/7

Its only 1500w at peak. That's $100/m with $0.10/kwh. So $2000-100/m. Still nothing compared to what's being made. In percentage terms, that's 5% of $2000.

Ofcourse, this is me basing it off of what the guy claims. Not sure if its true, but if true, this is what it would cost on average.

600w is being run 24/7, not 1 minute. Do you know how electricity is calculated?

for

>RAM does not degrade
top kek, cucks actually believe this..
i have a gpu that's degraded so much so it doesn't run stock low power saving state or clock as high when overclocked.
and it was never mined on, shit happens, sorry to burst your bubble mr shill, but PC hardware doesn't last forever
>doesn't know bout doggee coins
fuckoff already.

>i have a gpu that's degraded so much so it doesn't run stock low power saving state or clock as high when overclocked.

Thats what happens when you hotbox your gpu under torture loads 24/7. Its why all the hawaii cards were dying in the initial mining boom - the core survived but the memory was left to roast with the blower and it burnt the memory chips out as they were pushed way past their rated specifications.

Reminder, wall streets economist predict Buttcoin will jump upto $80K/coin this year.

>Do you know how electricity is calculated?
>kw/h times x price
you're running more than 600w and hour..

only ran vidya n shitposted with plenty of airflow.

Yes, its running 600w 24/7. It means its running 24 hours a day, 7 days a week, everyday.

Unless you got an aboslute dog of a gpu I doubt that was all you did. Overclocking a gpu - especially when cranking voltages - will fuck the silicon hard unless you keep it particularly cool. My own 290x for example in an overclocking monster....as long as I keep it cool. Its why even 4 years later it will still run at a stupidly high core clock at nearly 1.4v because i've kept it below 70c for 90% of its life which has dramatically reduced its degrdation.

I used to mine. Sold it all and just started daytrading instead. Make 10x more money that way and it's faster. And overall cheaper.

these nocoiners dont get it

I like my hardware paying itself off

You could not be more correct sir. Mining is just running on a threadmill and eating chips whilst trying to lose wait. We just waste electricity for fun, no profit over here

what does rent and cars cost have to do with mining? If you could pay some carlos to mine gold for you for 4$ an hour and you make 10$ everyday without doing anything, wouldnt you?

Since no proofs are given, its best to assume this is just best case scenario hypotheticals.

>Hustling the white man way

Gordon Gecko approves this post.

Why is it so hard to find a small hydroelectric power plant to rent?