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  #801  
Old Today, 01:17 PM
MikkiJayne MikkiJayne is offline
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I turned my rig off the other day since the rates have dropped so low. The rx580s have both become unstable for some reason - one would lock up every few hours, so I removed it and then a couple of days later the other one started locking up. For <2 a day in profit it was not worth the hassle of looking after it, and MRR doesn't seem to be worth much more than Nicehash at the moment.

Tbh I was hoping for rather more usable life from these cards than 2 months Is it likely that rates will recover, or is that it for these now? 2 months isn't enough to get a feel for that.

There are an awful lot of Vegas on ebay at the moment...
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Last edited by MikkiJayne; Today at 01:31 PM.
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  #802  
Old Today, 01:19 PM
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moltuae moltuae is online now
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Looks like a good soundproofing plan Ainars!

I've not made much progress on my soundproofing yet. Had very little free time lately.

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Originally Posted by ainarssems View Post
I think I need to get in staking as well, that's the part I have not tried yet, just need to decide the which coins to stake. What are the HDD space requirements for the coins you are staking and how fast is the space used growing?
To be honest, I haven't done much research into what's most profitable, I've just been staking what I have. In other words, I bought the altcoins that I am staking primarily as an investment but decided I might as well stake them too. There's probably a few more of the (now 40+) alts I have that I could stake but right now I'm mainly staking NEO, Deep Onion and Linda Coin.

NEO takes no resources at all to stake; you don't even need to leave the wallet open. You earn NEO GAS just by owning NEO. Both Deep Onion and Linda Coin use Qt wallets and only take about 500MB of memory and disk space each. Deep Onion doesn't earn a great deal. I have a little less than 600 ONION and it earns maybe 2-3 ONION per month. Linda Coin is probably the better earner, especially if you can afford enough to have a masternode. Presently a masternode is ridiculously expensive, requiring 30 million LINDA but, if I understand correctly, Linda Coin will be forking in the very near future and one of the changes will be a reduction to 2 million coins to run a masternode (there was a recent developer discussion about it, and other developments, here). Staking Linda Coin earns a lot less than running a masternode does, but it still gives a reasonable ROI -- probably in the region of about 20,000 LINDA per month for every 1 million staked.


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Originally Posted by ainarssems View Post
I came across this and wondered if it was possible

https://bitcointalk.org/index.php?topic=2056032.0
Looking very briefly at it, I suppose it might work if the S9 allows for frequency and fan speed adjustment via the config files. Quickly putty-ing into mine just now (default user root, pw admin), it looks like the main config file is bmminer.conf (use 'cd /config' then 'ls' to list the folder contents. 'cat bmminer.conf' will display the contents of bmminer.conf).


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Originally Posted by ainarssems View Post
Bitmain released new batch of L3+ at a bit lower price, I am tempted to buy 1 or 2 more and possibly sell S9 as the L3+ is lower power consumption and lower noise but on the other hand don't want too much eggs in one basket.
I have 2 L3+ miners due to be dispatched soon (March batch) that I bought on a whim. I'm not sure what I'm doing with them yet. I ordered them with the intention of either keeping them or selling one or two of them on Ebay for a profit but I could let you (or anyone else here) have one or both of them for what I paid for them if I decide not to use them myself.
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The Audi Era: '97 A8 4.2 (Ming Blue) --> '96 A8 4.2 QS (Dark Green) --> '02 FE S8 (present)
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Last edited by moltuae; Today at 01:21 PM.
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  #803  
Old Today, 02:31 PM
1781cc 1781cc is offline
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Originally Posted by moltuae View Post
Having said that, if you're sensible, do your research and gradually build-up a diversified portfolio, you can make huge profits. You can make money by playing the exchanges and buying and selling at the right time but that really is a gamble and takes a lot of skill/luck.

Most people who have been investing in cryptocurrencies for more than a year will tell you to "just hodl (hold)". If you have the nerve to ride the dips, any cryptocurrency that's worth investing in will generally increase in value in the long run, sometimes by more than 100x.

If you're looking to invest, I would start with an amount that you are prepared to lose. Invest and wait. Don't panic or pull out at the first dip. If after a few months you have managed to make a good profit, you could even take out your original investment and continue investing your profits.
I think this is good advice that I needed to hear - I started dabbling with 500, it went to 630 and its currently worth 420, I chopped a lot initially and that eroded the capital because I got jitters at the initial drops - it was always a case of when I buy a stock or in this case a coin, it drops straight away lol, but given the crypto volatility I was probably over sensitive to it.

I can afford to lose the 500, thats why it was a small amount. I think the HODL approach is a good one and its what I do with stocks, buy good and wait, I should have approached it the same with Crypto.

This was over 3 weeks BTW!
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  #804  
Old Today, 03:33 PM
ainarssems ainarssems is offline
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Quote:
Originally Posted by MikkiJayne View Post
I turned my rig off the other day since the rates have dropped so low. The rx580s have both become unstable for some reason - one would lock up every few hours, so I removed it and then a couple of days later the other one started locking up. For <2 a day in profit it was not worth the hassle of looking after it, and MRR doesn't seem to be worth much more than Nicehash at the moment.

Tbh I was hoping for rather more usable life from these cards than 2 months Is it likely that rates will recover, or is that it for these now? 2 months isn't enough to get a feel for that.
I am far from turning rigs off, they earn less but they still earn more than they spend in electricity and extra heating is welcome at this cold spell of weather. Are you running RX580 with the same settings for ETH as for CryptoNight, mine definitely will not run at the same settings and need less agressive overclock. Less than 2 per card might not be much if you only have 2 cards but when you have 10 cards it's still about 500 with 95 electricity costs and you do not have to babysit it all day. If it crashes every 2 days so be it, if it restarts itself just have OverdriveNToool batch file set to apply your clock settings for GPUs and then miner to start with 5 second delay, if it just freezes up restart it manually, it does not take much time, just check on it couple of times a day like when you have a cupper. There are other possibilities as well, Allium algorithm seems to be earning well on MRR for the recently forked Garlicoin which went from Scrypt N to Allium but the marketplace is quite small so not sure about real returns.

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There are an awful lot of Vegas on ebay at the moment...
I think I might have sold mine just in time then, I bought it for 390 start of November, used for 3.5 months, it earned well and have paid for itself, then sold it recently for 645 on ebay auction. But damned ebay fees have gone up, I have not sold anything for a while but I think they used to be 3-4% and no fee for postage, now it's 10% for everything including postage + about 3% PayPal fees so it really, makes a dent. I don't think I will list anything on ebay on standard terms, only on promotions where final value fee is greatly reduced.

Quote:
Tbh I was hoping for rather more usable life from these cards than 2 months Is it likely that rates will recover, or is that it for these now? 2 months isn't enough to get a feel for that.
Nobody knows but there is nothing vastly superior and they were down to 0.80-0.90 in September on ETH so it's still better now.

Quote:
NEO takes no resources at all to stake; you don't even need to leave the wallet open. You earn NEO GAS just by owning NEO. Both Deep Onion and Linda Coin use Qt wallets and only take about 500MB of memory and disk space each. Deep Onion doesn't earn a great deal. I have a little less than 600 ONION and it earns maybe 2-3 ONION per month. Linda Coin is probably the better earner, especially if you can afford enough to have a masternode. Presently a masternode is ridiculously expensive, requiring 30 million LINDA but, if I understand correctly, Linda Coin will be forking in the very near future and one of the changes will be a reduction to 2 million coins to run a masternode (there was a recent developer discussion about it, and other developments, here). Staking Linda Coin earns a lot less than running a masternode does, but it still gives a reasonable ROI -- probably in the region of about 20,000 LINDA per month for every 1 million staked.
I started off by pointing my S9 to mine Unit for now as I think I have enough of LCC now(180) especially as I cannot do much with them, only people who can trade them are the ones who had LTC on YoBit at the time of fork so they got credited LCC as well on YoBit. I am not even sure if they can withdraw from YoBit. So the true value of the coin will only be visible when it starts trading properly with deposits and withdrawals from exchanges available, it's gone down to $5 now but If it's above $2 I am still in profit.

I really need to look at getting some LINDA, I mean I have no excuses with my wife's name being the same

Quote:
Looking very briefly at it, I suppose it might work if the S9 allows for frequency and fan speed adjustment via the config files. Quickly putty-ing into mine just now (default user root, pw admin), it looks like the main config file is bmminer.conf (use 'cd /config' then 'ls' to list the folder contents. 'cat bmminer.conf' will display the contents of bmminer.conf).
Possibly, but older models are fixed frequency and newer models are variable frequency so not sure if it will work on all models, I think I would be more interested in voltage adjustments and also separate adjustments per board, there is also custom firmware in the works which should allow to do it.

Quote:
I have 2 L3+ miners due to be dispatched soon (March batch) that I bought on a whim. I'm not sure what I'm doing with them yet. I ordered them with the intention of either keeping them or selling one or two of them on Ebay for a profit but I could let you (or anyone else here) have one or both of them for what I paid for them if I decide not to use them myself.
What price are you looking for in either GBP or crypto? Probably not for me as I have $125 coupon from Bitmain that they did not let me use for A3 when I ordered it but they do let me use it for L3+ and it should still be shipping in March. I think I might try another power supply sourced locally as while the PSU price is reasonable, shipping cost goes from $110 for just the miner to $170 for miner + PSU.

Quote:
So what you gonna be growing in the hydroponics, its a good idea, like you said your already half way there so you might as well.
I don't know, it's just an idea. When I was looking for fans and ducting most of them are listed for hydroponics so like you say I will already have half of it in place so might as well. Nothing commercial just a bit for ourselves, would be experience for kids as well as they grow up to see where the food really comes from and not the supermarket. Oh man, I might end up with chickens and piglets running in the yard soon.
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Last edited by ainarssems; Today at 03:51 PM.
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  #805  
Old Today, 04:58 PM
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moltuae moltuae is online now
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Quote:
Originally Posted by ainarssems View Post
I really need to look at getting some LINDA, I mean I have no excuses with my wife's name being the same
haha, really!?

The only reason I bought some LINDA initially was because my other half is also called Linda!

I bought a few million of it when it was just a few weeks old and selling for just a few sats per coin. At the time it was a very risky buy and difficult to tell if it was just another sh**coin but I decided to take a chance and buy some anyway, mainly because of the name. Nothing really happened with it for months; in fact it dropped right down to 1 sat for a while (wish I'd bought more then!) and everyone thought it was dead but then development and interest in it seemed to pick up.

It's a mineable coin too by the way, using the Scrypt algo, so you should be able to mine it with an L3+ (haven't tried it myself).

Linda Coin is probably still a risky investment but development rumours are that a new wallet is to be released within a week or two and that it may be getting listed on a few larger exchanges very soon. With that and the news of more affordable masternodes in a few months' time, I think the price could rise substantially. Or it could drop to zero ... who knows, haha ... the fun of crypto investing. Certainly with a circulating supply of over 8 billion, it's never going to get to BTC prices, but I think there's room for a 100x increase, and maybe even 1000x.


Quote:
Originally Posted by ainarssems View Post
What price are you looking for in either GBP or crypto? Probably not for me as I have $125 coupon from Bitmain that they did not let me use for A3 when I ordered it but they do let me use it for L3+ and it should still be shipping in March. I think I might try another power supply sourced locally as while the PSU price is reasonable, shipping cost goes from $110 for just the miner to $170 for miner + PSU.
I don't know yet ... I'll work out a price when I have time. There's a PSU with each of them and the cost of postage and duty to factor in. I was hoping to perhaps double my money if I sell them on Ebay but if I'm selling to someone here I'm happy with cost price, or just a very small profit would be nice. Still deciding whether or not to keep one of them myself but I'm running out of places to put them ...
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2002 FE S8 Ebony Black Pearl
------------------------------------------------------

------------------------------------------------------
Cars Owned:

The Audi Era: '97 A8 4.2 (Ming Blue) --> '96 A8 4.2 QS (Dark Green) --> '02 FE S8 (present)
The Citroen Era: '84 BX 1.6 RS --> '89 BX 1.9 DTR Turbo --> '94 XM 2.0L Turbo --> '96 XM 2.0L Turbo Exclusive --> '00 Xantia Activa 2.0L Turbo
The Banger Era: '76 1.2L Lada VAZ-2101 (Ruski Fiat 124) --> '80 1.7L Morris Ital HL, finished in Ermine White and Rust
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