Riding the Crypto wave

[FireFox]

So far i have been paid 4 times and since i am mining i have noticed that two days before payments Ethereum and bitcoin goes down drastically and the day after goes back to normal, what a coincidence, am i hallucinating? WTF.

 

[cdawall]

I only do auctions, but make sure that your account has good amount of feedback for that.

I have almost 200 and an "above average seller" rating so I am not horribly worried that is the reason. I am getting 30MH/s out of the powercolor I flashed it isn't that bad especially only pulling about 90W.

 

[hat]

Is there any worthwhile BIOS flashing for GTX1070? What happens if I flash a card with a bios from another vendor?

 

[stinger608]

What happens if I flash a card with a bios from another vendor?

Kind of obvious.........Isn't it?

Bhahahahha

 

[hat]

Maybe not that extreme... but I'm sure it's possible. People have flashed cards to different models before. Since there's no Pascal bios editor...

Doesn't AMD have some issue with flashing BIOS now as well? I've edited every vbios I've ever had since I had that 8500gt long long ago...

 

[notb]

It has nothing to do with my salary, it is just a bonus i get because in a year a never missed one day at work and i wasn't late, simple, you are right maybe i should spend it buying something else but the fact is that the bonus from last year i never used because i didn't need anything and the same this year and if i didn't buy hardware with that money i don't know for how long i wouldn't use it.

It might not be included in your employment contract, but it's still a cost for the employer, so it's a form of payment.
Companies choose to cut a bit from everyone's salaries and put them into motivation programs or bonuses. It's a common practice and it works well.
The bonus you got is also taxed - just like your salary (possibly using the same rates as well). Sadly, I don't know how Income Tax is regulated in Germany - maybe your employer calculates everything for you and fills tax forms, so you're not even aware of this fact.

 

[Raevenlord]

I started on the 17th mining using nicehash. At the start nicehash was reporting ~$5.50 a day and it fluctuated up and down but not too much. On the 23rd it as at $4.50 a day, it took a while (6 days) On the 26th it hit an all time low of $2.60 a day, this was only 3 days after I couldn't believe how quickly it had dove. Right now as I type it's back up to $3.68 a day and while not as stable as when I first started it is improving once again.

Remember that profitability calculators also take into account current crypto/USD rates. So if there's a dip in crypto value, your calculated profits will take a dip as well.

That's not what you should focus on, though. Remember that dips have reversals (like this last one is already doing), so so long as you're mining at the same hashrate, your earnings will not be affected by these (even though profitability calculators say so.) Just HODL until pricing climbs back up again. That's what I'm doing.

Difficulty of the network is much more relevant for your earnings than calculated profits based on crypto/USD ratio. Your 2.5 mined Ether/ZEC will fluctuate with the valuation... Not so much if you can only mine 1.5 instead.

 

[FireFox]

Companies choose to cut a bit from everyone's salaries and put them into motivation programs or bonuses.

I would understand that if it was a small company but the third biggest Airport in Europe ( where i work ) i don't think they need to cut anyone salary to give us a few €

 

[CAPSLOCKSTUCK]

It is done because it is cheaper than covering the cost of absence.

When i was at Heathrow 12 years ago it was £ 800.00 per year for full attendance.

 

[toilet pepper]

Kind of obvious.........Isn't it?

Bhahahahha

I've flashed my 1070 Palit Gamerock with several different bios. Including Strix OC, Super Jetsream, Gigabyte G1, Gainward Phoenix GLH. I've used it to check if there's any help if the power limit is higher. The answer is NO --- it doesn't matter.

 

[notb]

I would understand that if it was a small company but the third biggest Airport in Europe ( where i work ) i don't think they need to cut anyone salary to give us a few €

I meant that a company has a payroll budget and it can be realized in many different ways. Some companies simply pay you a fixed salary. Some include bonuses and so on.
The money you got is - as @CAPSLOCKSTUCK described - a motivation program to keep you at work as much as possible.

Going back to he actual matter we discuss: this is money you've earned, your disposable income. You can't say that you just got some PC parts for free and hence your mining is 100% profitable, because you didn't have any initial costs.
That would only be true if they'd miraculously materialized at your home and noone would want to buy them from you.
Check this out because it might just be that you're not making a fortune on mining at all. That you'd be better off not investing into mining at all and keeping that €1500.

That's not what you should focus on, though. Remember that dips have reversals (like this last one is already doing), so so long as you're mining at the same hashrate, your earnings will not be affected by these (even though profitability calculators say so.) Just HODL until pricing climbs back up again. That's what I'm doing.

Not true.
We don't have a good model for pricing cryptocurrencies. There isn't much in a way of fundaments. As such, the best estimation you can do is just expecting the current price to stay unchanged.

 

[FireFox]

That you'd be better off not investing into mining at all and keeping that €1500.

As said before, i have all hardware i needed and i don't plan to invest more money in mining Machines.

 

[hat]

I'm pretty sure everyone involved understands there's a start up cost and electricity costs money. Some of us do it for fun but some of us are actually trying to earn money. If I reach ROI and then decide to use some profits after that so I can earn more money by having more hardware mining for me, what's the harm? Because I spent another $xxx on hardware? I'd be doing that to earn more than what I can with what I currently have. That too will reach ROI in time and start earning money for me as well, and I'll be better off for it in the future than if I hadn't.

 

[FireFox]

I'm pretty sure everyone involved understands there's a start up cost and electricity costs money. Some of us do it for fun but some of us are actually trying to earn money. If I reach ROI and then decide to use some profits after that so I can earn more money by having more hardware mining for me, what's the harm? Because I spent another $xxx on hardware? I'd be doing that to earn more than what I can with what I currently have. That too will reach ROI in time and start earning money for me as well, and I'll be better off for it in the future than if I hadn't.

Fully agree with you, i think the same way.

Some of us do it for fun but some of us are actually trying to earn money.

I am doing it for fun, i said that from the beginning.

 

[yotano211]

Fully agree with you, i think the same way.



I am doing it for fun, i said that from the beginning.

I do it for fun really, its just a hobby for me. Expect for 2 machines, resetting those 2 machines 3 times a day is a job now, all of the others stay up for weeks.

 

[FireFox]

I love boxes

But even more what it's inside

 

[TheoneandonlyMrK]

It's catching , I've a busy weekend

 

[FireFox]

The CPU arrived today but i was at work so i have to go tomorrow to the post office to pick it up, still waiting for the risers, it will takes 2 weeks before they arrive, till then i will run the Mining Machine like this:

But instead the 1060 i will add the 1080.

 

[TheoneandonlyMrK]

The CPU arrived today but i was at work so i have to go tomorrow to the post office to pick it up, still waiting for the risers, it will takes 2 weeks before they arrive, till then i will run the Mining Machine like this:
View attachment 89649

But instead the 1060 i will add the 1080.

I just got three 1060s, ive been waiting for four 580s for a month on preorder at Amazon, must be some list they have , riser's ,,damn ill probably need some eh tut. Forgot,

 

[FireFox]

riser's ,,damn ill probably need some eh tut. Forgot,

I have to wait as said before 2 weeks because i found them just in China

 

[TheoneandonlyMrK]

I have to wait as said before 2 weeks because i found them just in China

I did order some just not for my rig , i did get a cheeky pciex 1 to two x 16 adapter so i can probably fudge along until i get some fishtank money together then they're all single slot i hope.
But i just thought of that after buying a fair few cards so I've probably not got A single height card, i mean bare pcb single slot tut.

 

[FireFox]

Hi Lads.

I have two questions.

First, would a 750W power supply enough for a 1080/1070 and 2 x 1060?

Second, if the answer above is yes how can i connect all 4 to a single power supply?

I asked the second question because the 750W power supply it has just 4 x 6+2 pins enough just for the 1070 that uses 2 x 8 pins the 1080 that uses 1 x 8 pins and one 1060 that uses 1 x 6 pins, there's one 1060 left without cables.

 

[TheoneandonlyMrK]

Hi Lads.

I have two questions.

First, would a 750W power supply enough for a 1080/1070 and 2 x 1060?

Second, if the answer above is yes how can i connect all 4 to a single power supply?

I asked the second question because the 750W power supply it has just 4 x 6+2 pins enough just for the 1070 that uses 2 x 8 pins the 1080 that uses 1 x 8 pins and one 1060 that uses 1 x 6 pins, there's one 1060 left without cables.

Personally id get a one to two pciex power splitter and give the 1070 a split feed ,then you have your one spare back , strange that the 1070 wants two but the 1080 only one, i doubt that you will run the 1070 that hard if mining to need two connectors on it.

 

[FireFox]

Personally id get a one to two pciex power splitter and give the 1070 a split feed ,then you have your one spare back , strange that the 1070 wants two but the 1080 only one, i doubt that you will run the 1070 that hard if mining to need two connectors on it.

1070 FTW

1080 Superclocked

As you said strange

 

[TheoneandonlyMrK]

1070 FTW

View attachment 89655


1080 Superclocked

View attachment 89657

As you said strange

Should be fine on a power splitter at 220watts though mate.