Chinese Ethereum miners are now widely using RTX 3000 laptops

r9 · Feb 6, 2021

Devon68 said:
For god sake this mining thing is getting annoying. Like you can make money that way. You have to invest a lot and get it back little by little. The first 6-12 month with no real profit. What is even the point. I personally dont see myself getting into this or any other cryptocurrency thing ever.

You can make some money especially if you get the cards at normal price.
Personally I didn't feel like mining again even though had all hardware sitting around instead I sold it.
Sold 8 570/580 8gb for $1200 just last week which with the current prices I could have made that money in only month and a half of mining and keep the cards but I didn't feel like doing that again.
It's just I don't see the crypto prices staying up for too long.
And I don't expect the miners in china to sell their hardware more like the enthusiastic chaps like me who got the gold fever and who will sell the moment Eth prices go down.
Another thing that's keeping the profitability up is the GPU shortage it's keeping the difficulty of going up.

FireFox · Feb 6, 2021

Maybe in a year or two there will be a bunch of 3080/3090 and some others Cards + Laptops on Ebay coming from China

P4-630 · Feb 6, 2021

Knoxx29 said:
Maybe in a year or two there will be a bunch of 3080/3090

You mean one of these miners

FireFox · Feb 6, 2021

P4-630 said:
You mean one of these miners

View attachment 187328

No one else to blame that our beloved Manufacturer Nvidia

Divide Overflow · Feb 6, 2021

Get an early look at next year's New Egg hot deals.
Bricked laptop BIOSes will be the all the rage soon.

trickson · Feb 6, 2021

Devon68 said:
For god sake this mining thing is getting annoying. Like you can make money that way. You have to invest a lot and get it back little by little. The first 6-12 month with no real profit. What is even the point. I personally dont see myself getting into this or any other cryptocurrency thing ever.

Right?
And with All this talk about being "Green" I find it hardly green to run mining rig's A.O.C. Should hear about this!

All you So called "Green activists" that have any Mining rig should be ASHAMED! Shame on all YOU Green new Deal assholes for running mining rigs that eat up environmental energy!
You people all make me sick! Green new deal is a way to make green cash!

Divide Overflow said:
Get an early look at next year's New Egg hot deals.
Bricked laptop BIOSes will be the all the rage soon.

LMFAO!

Taz100420 · Feb 6, 2021

Man... Wished I could get a few more of these at that price I got it for in 2019 lol... Paid for itself in a month and a half. Only one I have and use it for mining when I'm not gaming. Laptop mining.... lol...

trickson · Feb 6, 2021

Taz100420 said:
Man... Wished I could get a few more of these at that price I got it for in 2019 lol... Paid for itself in a month and a half. Only one I have and use it for mining when I'm not gaming. Laptop mining.... lol...

View attachment 187329

If it paid for it's self then why is it not paying still?

yotano211 · Feb 6, 2021

trickson said:
Exactly.
Don't buy a used laptop from China is all I can say.

I used to buy computer parts from Chinese recycling places. I would get very good deals for some pretty good parts. I don't doubt lots of these mining laptops would make it to these recyclers so that people can resell them.

Chomiq · Feb 6, 2021

Dont build a pc until April

Well you can always buy laptop, right? https://www.notebookcheck.net/Crypto-miners-could-target-laptops-next-Nvidia-s-mobile-RTX-3060-Max-P-GPU-is-actually-fast-enough-for-ETH-mining.517042.0.html Wrong!

www.techpowerup.com

So much for "can't see people using laptops for mining"

Caring1 · Feb 7, 2021

trickson said:
And coming from China no less!
But you can bet your ass they would polish that turd rebrand it and resell it to Americans!

FFS pull your racist head in.

freeagent · Feb 7, 2021

P4-630 said:
You mean one of these miners

View attachment 187328

As much as that annoys me its still pretty impressive.

It would be even more impressive if I had one of my own from a store.

300BaudBob · Feb 7, 2021

Ok I'm inventing a quantum computer that will kill off all these mining rigs. It will solve the equations in seconds that now take days

.
What's that you say? Quantum proof crypto equations? The hyper-quantum M5 unit will destroy those!

evernessince · Feb 7, 2021

Vya Domus said:
Imagine buying a laptop used several years for mining, it will be a literal heaping pile of crap. I mean some of these are terrible from day one.

I hope these guys get hit with a ton of RMAs. None of these companies could give two craps about actual customers being able to buy laptops or PC parts.

Devon68 said:
For god sake this mining thing is getting annoying. Like you can make money that way. You have to invest a lot and get it back little by little. The first 6-12 month with no real profit. What is even the point. I personally dont see myself getting into this or any other cryptocurrency thing ever.

GPU mining is annoying yes. That said blockchain is likely the way forward for online transactions. Just as an example, bitcoin lightning is instant and the fees are typically 3-8 pennies. Meanwhile Visa and mastercard charge 3.29% to 0.30 cents. They also get to decide what can and can't be sold. It's one thing to block transactions that are illegal (which is fine and of course, even bitcoin does this). It's another to play morality police and tell people what can and can't be sold because you don't believe it should be.

There are already services like strike that allow you to use your bank and pay people bitcoin by using your fiat money. No need to have a bitcoin wallet or buy bitcoin. It's called a subatomic swap. In essence bitcoin is just the network verifying the transaction.

trog100 · Feb 7, 2021

i had never thought of using laptops for mining but if its viable all it means is a shortage of laptops as well as gpus..

just bear in mind miners dont have any magical way of obtaining hardware they are in the same position as gamers..

trog

Rahnak · Feb 7, 2021

Tehran Faces Power Outages Due To Massive Crypto Mining Operations Consuming Up To 450 Megawatts, That Much Power Can Power A City Of 100K People

Tehran faces power outages after crypto mining farms use up to 450 megawatts which is enough to power a city of 100,000 people.

wccftech.com

Blockchain is pretty cool tech but I swear cryptomining is one of the stupidest things invented in recent years.

hat · Feb 7, 2021

trog100 said:
i had never thought of using laptops for mining but if its viable all it means is a shortage of laptops as well as gpus..

just bear in mind miners dont have any magical way of obtaining hardware they are in the same position as gamers..

trog

Apparently, miners can get bulk shipments before they ever hit store shelves.

droopyRO · Feb 7, 2021

Rahnak said:
Tehran Faces Power Outages Due To Massive Crypto Mining Operations Consuming Up To 450 Megawatts, That Much Power Can Power A City Of 100K People

Tehran faces power outages after crypto mining farms use up to 450 megawatts which is enough to power a city of 100,000 people.

wccftech.com

Blockchain is pretty cool tech but I swear cryptomining is one of the stupidest things invented in recent years.

Meanwhile we will get new taxes to "stop" CO2 emissions. Where is Greta when you need her ?

Vya Domus · Feb 7, 2021

All I want to know is whether or not Nvidia will get away again with lying about crypto revenue.

You can bet your ass that at the next quarterly reports they'll have record "gaming revenue" growth.

Chomiq · Feb 7, 2021

Rahnak said:
Tehran Faces Power Outages Due To Massive Crypto Mining Operations Consuming Up To 450 Megawatts, That Much Power Can Power A City Of 100K People

Tehran faces power outages after crypto mining farms use up to 450 megawatts which is enough to power a city of 100,000 people.

wccftech.com

Blockchain is pretty cool tech but I swear cryptomining is one of the stupidest things invented in recent years.

I guess it's finally time to invade Iran.

trog100 · Feb 7, 2021

hat said:
Apparently, miners can get bulk shipments before they ever hit store shelves.

it would be interesting to see how the supply chain works up at the front end.. i would guess he who comes up with a big enough chunk of money gets first dibs..

large scale miners wont be hampered by an overly cheap (fake) rrp thats for sure..

trog

Chomiq said:
I guess it's finally time to invade Iran.

thats why they need nuclear power.. to get rich on bitcoin mining.. he he he

there i some irony at work here.. the US uses the dollar as a weapon.. the likes of iran say f-ck the dollar and go crypto..

trog

P4-630 · Feb 10, 2021

What RTX3000 shortage?....

Don't forget to watch the video below...

https://twitter.com/i/web/status/1359169998938324999

ccnati · Feb 19, 2021

hat said:
I'm actually kinda surprised. I can (almost) buy two 3080s at scalper prices for the price of one laptop. And surely the desktop variant is going to have higher performance than the mobile variant, and easier to cool, and you can shove a bunch of cards in one system with desktop parts... not so much with a laptop...

This really makes no sense unless laptop supply is plentiful and desktop supply is zero.

There are many cheap laptop brand in China. The laptop brand in first and second photo is Hasee, the initial price of the cheapest model with RTX3060 is about 900 usd (1 usd= 6.5 Chinese Yen), of course this price rise to over 1000 usd soon after they find they can mine ETH at maximum 49MH/S with these laptops , but it is still a good choice, for the price of cryptocurrency is rising.

Devon68 · Feb 19, 2021

ccnati said:
There are many cheap laptop brand in China. The laptop brand in first and second photo is Hasee, the initial price of the cheapest model with RTX3060 is about 900 usd (1 usd= 6.5 Chinese Yen), of course this price rise to over 1000 usd soon after they find they can mine ETH at maximum 49MH/S with these laptops , but it is still a good choice, for the price of cryptocurrency is rising.

I wonder will nvidia nerf the mobile 3060 cards too. Imagine going from 49MH/S to 24-25MH/S. Even thou I sure they will find a workaround this issue. It seems it's a bad time to be a gamer right now, unless you are into older or less demanding titles. Also I wonder if nvidia did the driver nerf on the 3060 will it do the same for the other cards.

Hardcore Games · Mar 7, 2021

no real surprise to me

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Chinese Ethereum miners are now widely using RTX 3000 laptops

r9

FireFox

The Power Of Intel

P4-630

FireFox

The Power Of Intel

Divide Overflow

trickson

OH, I have such a headache

Taz100420

trickson

OH, I have such a headache

yotano211

Chomiq

Dont build a pc until April

Caring1

freeagent

Moderator

300BaudBob

evernessince

trog100

Rahnak

Tehran Faces Power Outages Due To Massive Crypto Mining Operations Consuming Up To 450 Megawatts, That Much Power Can Power A City Of 100K People

hat

Enthusiast

droopyRO

Tehran Faces Power Outages Due To Massive Crypto Mining Operations Consuming Up To 450 Megawatts, That Much Power Can Power A City Of 100K People

Vya Domus

Chomiq

Tehran Faces Power Outages Due To Massive Crypto Mining Operations Consuming Up To 450 Megawatts, That Much Power Can Power A City Of 100K People

trog100

P4-630

ccnati

New Member

Devon68

Hardcore Games

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