4. GTX1080TI

GTX1080TI

  • R

    It is worth if you can increase your hashrate by buying new cards and paying for them with mined coins (or converted to fiat). At one point you reach your power line limit (or the bill looks to massive), then you stop buying cards and get the rewards in fiat... Profit? Not so much. At least not quick (short term). Unless you already have enough hashpower to expand your mining every month.

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  • Global Moderator

    @reinisp I am pretty disappointed in how easily the difficulty goes up. But I still believe up profit as a byproduct over time.

    Make sure you tag me @bryan if you need to me respond.
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  • R

    @bryan , @chrisscott666
    That's the point. If you agree to get the profit as a "byproduct", you can mine SC. But if you are after profits, there are other coins which are more profitable to mine.

    Sia is yet a small network, with halfway working (incomplete) product. Thus there are not so many users yet. When Sia will have all missing parts implemented, all- the network, coin price and the difficulty for mining will grow exponentially.
    There will be a massive hashpower inflow when ETH goes PoS. It could coincide the time when Sia will be ready for the masses.
    So, if thinking of Sia mining with small budget, do it now.

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  • Global Moderator

    @reinisp I agree. I have set a goal to reach. Is there any news on Eth going to POS? I haven't been keeping up.

    Make sure you tag me @bryan if you need to me respond.
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  • R

    @bryan
    I'm not keeping up too, just occasionally looking for news.
    I think, I've seen an estimate for the last months of this year. But that was a couple of months ago...

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  • Global Moderator

    @reinisp Hmm. I was just getting ready to build two more rigs. Though even if eth goes POS. I think Eth Classic will remain POW for some time longer so we can mine that for a bit. It's price is still more than original Eth2.0.

    Make sure you tag me @bryan if you need to me respond.
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  • R

    @bryan
    I think at current prices for ETH it is still profitable anyway.
    At least if you can buy a a RX570 for roughly 1ETH.

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  • Global Moderator

    @reinisp Shoot I can't find any GPUS that aren't price gouged. I have plenty of capital but I just can't get a supplier. I even tried chinese knock offs but they can't provide lol.

    Make sure you tag me @bryan if you need to me respond.
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  • C

    i have 2 frames on order, so once they arrive ill get the same set up but with 4 1080ti's and see how that goes, rough cost should be about £4000 with a hash rate of 1200mh/s at current rates thats 1800 coins a day, ill just mine as many as i can hoping ill make profit in the future by holding onto them

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