I fucking hate cryptocurrency miners

I fucking hate cryptocurrency miners.

How dare they fucking take all of the god damn graphics cards to satisfy their greed.

I've seen these fucking cunts buy hundreds of GPUs to make a few cents without doing any fucking work.

Many of them are losing more, than what the fucking gain.

What a fucking mess. Just thinking about this shit gives me cancer.

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Look on the bright side. nVidia is waiting until Bitcoin stabalizes before they release the 2000 series GeForce cards.

Well at least take satisfaction on the fact that they don't make shit and they throw away tens of thousands on stuff that they will never understand.

But who knows how long that will take. These miners are like a fucking disease. I just want these prices to return back to normal. Fuck!

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True, but the people who build computers get fucked too.

But yeah... it is funny that they got fucked even harder.

From what I've heard, they're losing a lot more money than they earn because of electricity bills and shit.

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I was gonna upgrade my gpu this year with taxes. I guess not :(

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I call them bitcoin memers since they fell for the meme and their fucking faggots

tfw half the game in my steam librairy are unplayable because of my 2013 GPU.
no money to afford an overpriced new one.
It sucks

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REEEEEE! I cant upgrade my porn machine cuz Chads are mining neckbeard tokens.

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i only game on top of the line high quality computers

Can't wait to see over 10.000 GTX 10** that will NEVER be sold, even at 50 bucks.

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I hope this whole thing serves as a good life lesson for the 90% of crypto babies that will lose everything by the time all this is said and done.

bitcoin is pursued for the sake of bitcoin. If this is how people want to waste their lives, they can find out themselves that they wasted it.

when the bubble pops, the gpu market will be so nice for gamers. You will see a gluttony of cards for half price.
When it costs more to mine than a coin costs, you are wasting money.

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Hahahaha

1. you're an idiot
2. you're more of an idiot

since the crash, these cards are already on the market second hand for less than original retail price, go look on ebay. And if you're worried that they won't work as well as a new one, unless the person who originally had them had zero idea about cooling, they're fine.

Plus a brand new one is maybe $200 more than the original price, if you could afford $500 for a card, another $200 isn't going to fucking kill you. get over it.

Fucking bitmemer fuck off

The bitbubble's gonna pop any day now guys!

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>Plus a brand new one is maybe $200 more than the original price

A GTX 1080Ti used to run about $700, now they are $1,200+

>you're a fucking retard

stake it till you break it!

HEY HEY HEYYYYYYYYYYY

$1000 is for a decent computer...

not a fucking graphics card.
Fuck miners

Shit, I can't wait to buy one at $50-ish to replace my gtx 660 ti.

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I just bought a gtx 1080 ti for msrp from nvidias site

why

I just checked their site and all the cards are out of stock

congrats on typing your details as fast as possible within ten minutes of a notification of being in stock.

you have to be on the notification list. it's a diversion

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>advocating to buy GPUs used for mining 24/7 for at least a few months
Yeeeaaaahhh... noooooooo

Really gay. They need to make enough for everyone and sell right tf now

pcpartpicker.com/forums/topic/265401-first-gaming-pc-850

I just built this budget PC. Not my thread, but I used the parts list.

I bought this last year before the rush of normies to the decade old crypto currency concept that they just now found out about and now it's more than doubled on price. Lul

no you didnt

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>It's the customer's fault that corporations hold back products to increase the price and prevent future loss due to reselling.
>miners operate at a loss
>I deserve dem GPUs for dose sweet FPSes

No.

I’m making a ton of money mining. Stay mad OP!

dirty miner detected

don't forget all the taxes you have to file.

Yes, I did.

WHY NOT BUY AN NON PRICE INFLATED TOP TIER CARD THEN?
>Stay poor faggot

buy more $1200 1080's

Why what

You have to sign up for the email notification and be fast because they sell out quick

>1050TI
>1k
Not a single person ever bought a 1050 to mine, if people fall for the scams of retailers, it's their own fault.

Also greentext time
>be me
>be yesterday
>buy rx580 for 280€

Is literally everyone retarded these days?

what

I bought a 1080ti for my new gaming setup when it was like $700 for a new one. I was curious as to how much I could make with mining and it was about $100 a month.

lol. get a fucking job you cryptofags.

>complains about nu-males
>uses that image
wew, looks like we got ourselves a newfag

Best fucking kek in a while, lmao!

You mad?

Calm down bro.

Thank you... now i gotta go beat mummsie for not remembering my dipping sauce

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mmm sweet tendies

Noice

>I have never heard of marketing and I completely trust what retailers write.
It's profitable to mine XVG with a 840m. Will get you just about 0.05 cents a day (with electricity prices around my area). Doesn't meant anyone is stupid enough to do that. A 1050 is no good for mining and nobody uses them and no "technically you can do it" will ever change that.

Why?

>without doing any fucking work.

You think the money they used to buy those GPUs just came out of a unicorns ass?

Dumb faggot. Stop posting these stupid fucking threads.

not that retarded, dirty miner

buy some more gpus

K
Well I'm gonna head back to MapleStory.

think i can tell

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>You think the money they used to buy those GPUs just came out of a unicorns ass?
When I started I financed 10 rx570 for 25$ a month each. They literally payed for themselves, so for all I care the money came out of a unicorn's ass. I will never understand why there are people not mining. It's nothing else than legal money printing.

>buy some more gpus
New batch arriving this week. :^)

I know what you mean. I got lucky and bought a 1070 in October of last year right before they skyrocketed I only paid 450 for it

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>2018
>bitcoin
I wouldn't even consider mining bitcoin, especially not with GPUs.

You mine the most profitable coin(s) or, if you don't want to go through the hassle of keeping an eye on profitable coins/algos and don't want to keep selling, you dual mine ETH + DCR and check once a day if everything is still printing money.

Also buying mining hardware is a little different to buying coins, not to mention the fact that neither banks nor states like the idea of decentralized, anonymous payment methods. Not that crypto would qualify as such in the near future, but pretending that it doesn't pose a risk to the established systems in the long run would bite them in the ass at some point.

ok so once you mine all your shitcoins you trade them to what and exchange them for what? does everybody accept litecoin yet?

I'm happy i got my 970 right before the gpu prices got fucked. Got it for 170 on sale. I kind of want to sell it now to make a little return on it and just wait for crypto to stop before going back to pc gaming. I've been busy lately so i haven't been using my computer for games.

crypto -> euro.
People love to throw their hard earned money into the pool and I am more than willing to let them. When I started out I sold crypto on ebay for twice the price and people still bought it because they either didn't want to go through the registration process on exchanges or simply wanted the extra anonymity/security with having paper wallets.

pretend you're not using an exchange to trade to btc

if you're selling it directly XD nice that's an even bigger crime

>anonymous
>public ledgers
get your shit straight faggot

actually theyve just about stopped going up and starting to go down now, problem is miners are about to fuck up the prices of cpus next, rip the quadcore dream bois shits bout to get expensive as fuck

>nice that's an even bigger crime
I'm operating 100% legal (actually kind of 110% legal because I am paying taxes on something that is by nature not taxable [? the word is "nicht steuerbar"]), I have a registered business. As I said, I sold crypto on ebay when I was starting out and it was, by current law in my country, a volume that couldn't be declared a business. I'm also not pretending to not use exchanges, I never said I didn't and while there isn't much from stopping me to directly sell it (especially no law), the easier option is obviously exchanges.

It's fine if you do not know what you're talking about, but I don't really see the point of wrongly accusing me of crimes if you don't know the circumstances under which I operate.

>>anonymous
>>public ledgers
I am the only one knowing the receive address of their wallets, which is definitely more anonymous than having it sent to a wallet provided by an exchange (many prevent transactions to foreign wallets for a set period of time, this is also where security comes into play, because an exchange may know your private key, while a paper wallet is physically yours).

>problem is miners are about to fuck up the prices of cpus next
I doubt it.

so now there's a public record of the transaction between two private wallets....really anonymous

This process is not only cumbersome and confusing, but simply illegal. In Germany, it is not permitted to operate financial services without a corresponding license. A corresponding license is issued by the German Federal Financial Supervisory Authority (BaFin) and may cost between four and five figures, depending on the size of the financial services offered. If this license is missing – which is to be assumed by a majority of private individuals using Ebay -, there is a criminal offense according to § 54 KWG.


how much did that shit cost you?

does it matter

it will... eventually

Why would there be a public record? Or do you mean in the blockchain, if so, then yes, there is a public record, but it's not like anyone could reliably match a transaction to the people making it.

>it is not permitted to operate financial services without a corresponding license
It's not a financial service.

There are two common misconceptions about what mining and crypto currencies are: First, mining is not the act of generating a currency, it's a service of verifying "transactions" (I use quotes because it technically is not a transaction in a financial sense) and I am "payed" in that very "currency". While there is no legally binding definition of crypto coins as a currency and therefore the "payment" I receive is not actually a payment, I still defined my business as offering a service to verify blocks and pay taxes on the actual currency (euro) I get out of that service. Technically it's not taxable, as I said earlier, but I want to dodge even potential bullets.

Second, crypto currencies are not comparable to shares. Let's suppose the case you own shares of a company and that company goes bankrupt and closes. Shareholders now have a legal right to their share of the insolvence mass (? "Insolvenzmasse"). The blockchain is something completely different (and legally undefined). It is not real in the sense that it is gone once all computers upholding the blockchain shut down (the blockchain goes "bankrupt", please note that I'm trying hard to formulate this in a sensible way in english and have to make some not 100% accurate comparisons to make the case, it's a result of both my lack of english skills and the lack of legal definitions). Not only does it now not matter how many "shares" (i.e. coins) you hold, because there is no insolvence mass (?), no one who could be in possession of such a thing and no record of how many "shares" you possess.

"Insolvenzmasse" (I called it "insolvency mass") seems to actually be called "insolvency estate", according to Pons.

you say its not but its a gray area from the way it's worded

managed to pick it up last year before the big hike

They are only going to throw away their old tools to get new ones, at the cost of the end-user who wants to use them for their intended purpose getting extremely over-stressed videocards that have probably had their lifespan decimated from running 24/7 for months on end.

The best time to get a card is to probably wait for the next line of releases, then snatch up as many as possible while they are at MSRP and/or pre-order founders editions. And I mean stock-up, because you will have need at least 1 card for yourself with maybe a backup. Then dump your extra cards when miners start getting desperate and totally rape the pricing to a point that you make nice profit.

Unless crypto crashes HARD, then this is what the next lineup's are going to look like for a while.

Get a job you faggot.

You can pickup a 970gtx for like £170, the Christmas money mummy and daddy gave you should cover that shit.

>extremely over-stressed
bullshit

most miners underclock the cards severely to keep them within thermal ranges