Quote from: Keres on October 06, 2018, 12:55:02 AM

Quote from: philipma1957 on October 05, 2018, 09:55:34 PM

Quote from: lunobird on October 05, 2018, 04:29:13 PM

Quote from: ThePunisher49X on October 05, 2018, 04:20:22 PM

Some people believe Ethereum price will rise back to late 2017 levels again and continue mining because of this belief.
So it is up to them to spend more then what they are getting now in actual amounts at current price.

It is a type of fictional euphoria to them in allowing their current mining systems to continue to run while at a loss.
It is their money not yours so they can do what they want with themselves.

I dont believe people will spend $5 dollars of electric to get $3 dollars worth of coins when you can just buy on exchange and get the the full $5 dollars worth of coins.

I think we need to stop that assumption.

Duh kyc stops many from buying coins.

Many want clean hidden coins and will mine at a loss to get them.

I am giving you this example. Drug dealer in South America makes 100,000 usd a day.

Money is not very clean. He sets up a mine in the state of Washington USA .

It generates 50000 in coin a day but costs 55000 to do so.
So he loses 5000 a day. The reality is. For 5000 a day he turns 50000 in drug money to 50000 in mining money.

No more complicated then this.

Myself I have 4 x Vega 56s
I have 12x 1080ti
I have 1 x 2080
I have 2x 1050ti
I have 1x rx 560

I mine them at close to breakeven + 5% to a core wallet which means they are private for now.

This is actually a really good take on it hehe

Which cards to you prefer the most out of the ones you've got ?

i'm running RX 480 8GB at the moment, which are making a profit.
my Favorit was always the R9 290, i got 5 rigs with 4 R9 290x still in use, however i've actually rented out the rigs (for free) to some local garages as "heaters"

THEY get the heat and i get the eth

i miss the old R9 290x, they were so powerful and could mange almost anything

well if the gear is paid off which mine are. 1080ti's with eth pill are good the evga hybrid's do 50 mh on eth run quiet and have 2 years left on 3 year warranties.