Post
Topic
Board Mining (Altcoins)
Re: 8th Alt coin thread. Or what to do now that asics are all over the place.
by
philipma1957
on 19/06/2018, 03:41:05 UTC
Moderately hopeful rendertoken or other forms of gpu marketplace gains traction this year.
Where are rendertoken currently at? Beta-testing still? Not currently giving out live rendering jobs yet are they?

Personally I'm still running all my rigs (RX 570's, Vegas and 1080's), although the latter are basically at breakeven point. nVidia clearly behind in terms of profitability for the last months.

I've ordered some fpga solutions: 1x BCU1525 from fpga.land, 1x Dwarfminer (yeah yeah I know, but it's only 400 bucks right - no risk no fun) and signed up for an Acorn too. Complexity of running them is above my skill set but I'm confident the community will help in getting them to run.

If the coin prices don't go back up I will turn off the 1080's. That'd be a sad day...

EDIT: not considering ASICs at all. Not out of snobism, but because they really make no sense currently unless you're in need of a big door-stopper.

13 cent power s-9 = $0.06 a day
12 cent power s-9 = $0.40 a day
10 cent power s-9 = $0.98 a day
 5 cent power  s-9 =  $2.72 a day
0 cent power   s-9 = $4.46 a day

13 cent power L3+ =  $0.00 a day
12 cent power L3+ = $0.14 a day
10 cent power L3+ = $0.48 a day
 5 cent power  L3+ = $1.33 a day
 0 cent power L3+ =  $2.18 a day

so the game is not gear at the moment it is power.
I disagree. It is gear as well. Even at zero cent power (which is a fallacy - you have to pay for your solar panels) the ASICs produce painfully little revenue per invested dollar.

Of course when revenue is low you have to cut your variable costs. But it doesn't change the aspect that ASIC hardware currently just doesn't justify the investment.


an L3+ earns 2.28 a day at free power uses 700 watts and can be purchased for about 450 with a psu.  that is a 200 day roi

an s-9 earns 4.46 a day at free power uses 1400 watts and can be purchased for 700 with a psu  that is a 175 day roi

a 1080ti  earns 2 day at free power uses 200 watts and can be purchased for 650 usd you need the rest of the rig  but that is a 325 day roi.

in all the cases above   free power is being used

my solar deals are different.   at the moment I earn

½ of this at zero cost for gear and power  https://www.nicehash.com/miner/146UJM5kgzLVUV23CXCf33KQKHckoX1gx3

½ of this at zero cost for gear and power https://www.nicehash.com/miner/16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr

so they earn 18 /2 = 9 a day  or 270 per month    we can sit and discuss how to figure the power cost  but my deal is ½ the coins

and when all gear sucks  these deals get me through.


http://ckpool.org/users/16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr

I also get ½ the coins from here.  it is more complex to estimate what it would be but it should be 500/2 = 250

so I earn 270 + 250 = 520 on the office deal and the solar deal  all gear sucks  no gear is earning 100 bucks for 10 dollars in 10 cent power.

all gear is easy to buy.

fpga = fully and completely not proven
asics for alts are simply being sold so fast they burn the coin out.

If I do nothing  the 3 t1's and 12 1080ti's will earn 500 for me with zero out of pocket. for the month of june.

and why is that simple I have good power deals.

chasing new fpga's and new asics is something I have zero need to do.

and in fact are a way to lose money  maybe or make money maybe.
[
while the power deal I have certainly earns some profit for me.

So the game is power now not gear.

cheap gear is everywhere.

my limits are not gear I can get 100k worth of gear in 2 or 3 days.
I can not get a 50/50 power deal  like  the 2 I have.

now both guys  did better then me when  coins whaled
but when coins suck I survive .

I only wish I have 20kwatts or extra power with the same deals I have.
I have 11 idle l3+ while I try to start new power deals.

To be more clear about the solar array of buysolar it is just about paid off due to the big year last year.

Maintain  costs are 1 cent a kwatt.  so it will be as close to free power as possible some time in early 2019 for buysolar
but on my end it is always a 50-50 coin split which means buysolar did really well in

NOV DEC JAN FEB

with things tight I do better.

The worst thing I can do is buy gear. I don't have cheap power the new solar is not added so

11 L3+ sit ----------------------- I run 2 in my house solo cause why the fuck not I feel lucky and the 520 I earn pay for it with coin left over.
2 s9 come soon and will sit


now if I had access to more solar power
I could run 11 l3's  earn 25 a day
and 2 s9's earn  9 a day

that is 34 a day or 1020 a month  do my 50-50 deal   510 a month in coin no money out of pocket

and I would be doing 520 + 510 = 1030 a month in coin with no outlay with gear that is paid off

so I am not short gear I am short power deals  11 x 700 = 7700 + 2 x 1400 = 2800   that is 10500 kwatts  in a 50 50 deal

So today for me this is a power game not a gear game.

there is no bleeding edge gear for me to buy from someone I trust and believe in