ETH Mining

3 rigs with 7 rx470 and 14 rx 480
Get about half an eth a day, a little more maybe.

>>2251837
>~3k/month
$ or €?

>>2251837
Just so I understand: That's a total of 21 GPU for ~$100 USD profit/day (not counting electricity, bandwidth, and hardware cost?)

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>>2251837
where the fuck are you buying those 470s and what are you paying??one

>>2251986
well just the cards are about 5,5k€ so it would take like 1,7 months to just kill that investment

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>>2252012
480s on Amazon are $900+ ea now and I can't even find 470s

>>2251414
When is ETH switchin to PoS?

>>2252038
My friend has dozens of these cards sitting in his closet from his mining days. He doesn't use them anymore. Looks like i should tell him to flip em.

>>2252012
More like 2 seconds from ETH's value in July. TO THE M O O O O O O O N N N N

I'm mining monero because I have $12k worth of Xeons that do well with cryptonight

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>>2252038
what if i told you that i know a place where you can buy 470 for 230€ and 480 for 260€ right now?

>>2252230
WHERE ANON?

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>>2252038
am I looking at the same card or what

>>2252230
8gb cards? trying to get closer to $160 usd

>>2252109
thats how I know this tulip craze is real, not just /biz/. he'll double his money selling used cards right now

6 1060's dual mining SC with it. I make about .1 eth a day and about 300 SC a day.

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>>2251414
>price stable at $200

>>2252230
I would say that that's still a ripoff because they shouldn't cost more than $150.

>>2252329
Why shouldn't they cost more than $150? Considering everyone and their grandma wants them, it makes sense for the price to be high.

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>>2252335
>everyone and their grandma wants them, it makes sense for the price to be high
what did he mean by this

>>2252038
Im from portugal, they are 200€ here

what is gonna happen to eth mining when proof of stake hits?

Planning on setting one up in my garage.
Just wish I had the money for more graphics cards. Can only afford a single RX 580 right now unless I cash out my crypto.
Maybe I should just cash out my ETH since I'll just be earning it back anyway.

Any tips on building a rack/case? Do I need a big fan?

....

>tfw you obtain the same idea at the time others obtain the same idea

I'm not going to make it guys. There have been no threads regarding mining in /biz/ for the past few months. I literally just was curious and seeing the mining potential of alt coins like Ethereum. Now threads are popping up related to mining.

I'm such a fucking normie train border REEEEEEE.

>>2253311
they are popping up because ETH went 3x in a week and it's asic-proof

But the total hashrate will only go up

>>2251414
How to install a mining rig ? Which programs to use ? Can you guys help me /biz/bros ?

Looks like there's a huge shortage of AMD cards right now due to mining. What do?

Been mining since last year and now I can't get anymore cards. Fuck you guys hope the power increases and eth goes pos before it's 1st Nov date

>>2253465
fuck off and go shit in the street Pajeet

>>2253821
But only in a designated one!

>>2253821
I legit want to get into it, can you give me some help? Is minergate legit? What if I wanna mine RedCoin...?

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Pls gimme mining help.

>>2251989
i think you mean "when the fuck"

i bought my GPUs in march of this year

>>2251837
how do you set up a rig?

>>2251989
>where the fuck are you buying those 470s and what are you paying??one
Just buy Radeon 570s. They're now just as efficient, with modded firmware and latest drivers.

>>2255734
Bump for link to this.

Question:

Is it better to set up an inferior rig that will mine more slowly if you have limited capital, or save till you can afford a mid to high-end rig despite it taking more time to do so?

Fuck mining.
It's easier to buy coin with a loan and sit back.

>>2256249
I can't get a loan. From anyone. I tried.

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>>2256267
Sell sperm!

>>2256267
>pay day loan
>pawn shop
>credit card
>student loan

I would only do a 0% credit card, but there's many ways to get cash.

>>2252434
When people selling them, realized that they didn't sell for absolute SHIT until people were using them to mine ETH, they slammed the prices up like 6x

>>2256273
Nobody would pay for my baby batter.

Although, donating plasma...