Mining recovering?!

[Wh0_Am_1]

Hey guys, since this most recent cryptomining craze at the end of last year I been keeping tabs on Nicehash and within the past to week profitability has nearly doubled, to 2/3 of what I was seeing back in January (on a gtx 1050), specifically the Lyra2rev2 algorithm, so could we see a new mining craze yet again? (I am earning nearly 0.00011 bitcoin a day right now).

[Crunchy Dragon]

I believe I speak for most of the PC enthusiasts when I say "I hope not".

 

GPUs are just starting to reach MSRP and stock is starting to return to normal, the last thing we need now is a new mining craze to end all that....

[xriqn]

Mining needs to die and stay dead.

[GrockleTD]

1 hour ago, xriqn said:

Mining needs to die and stay dead.

not nessescarily, but the mass miners should definitely piss off and leave the gpu market alone

[xriqn]

44 minutes ago, Grockle88 said:

not nessescarily, but the mass miners should definitely piss off and leave the gpu market alone

Nah, all miners need to leave. They've fucked up our GPU market once, each and every one of them. We really don't want that to happen again with the 11 series.

[GrockleTD]

1 hour ago, xriqn said:

Nah, all miners need to leave. They've fucked up our GPU market once, each and every one of them. We really don't want that to happen again with the 11 series.

such severe, quite extreme...

[xriqn]

Sorry but if we let mining continue in any amount its gonna fuck the market up again.

[GrockleTD]

doublepost is always fun

[AskTJ]

$1 a day on bitcoin with a 1050. That's alright I guess. 

[Wh0_Am_1]

1 hour ago, AskTJ said:

$1 a day on bitcoin with a 1050. That's alright I guess. 

Well it was 40 cents a day for the longest time, This might be enough to spur the market yet again.

 

[Ithanul]

It probably gear back up in the Fall and Winter.  The small time miners are bit like folders and boincers.  It is rough to run all the gear during the Summer months.  Along with some areas that increase electrical cost during Summer months because of the load.

[Wh0_Am_1]

UPDATE!  Mining efficiency in Bitcoin!

So today mining efficiency for my 1050 has reached nearly 0.00013 Bitcoin a day, that is 4/5 of early January of this year, with the possibility of new GPUs in the near future, we could easily see new mining craze in the next few months. 

[GOTSpectrum]

2 hours ago, Wh0_Am_1 said:

UPDATE!  Mining efficiency in Bitcoin!

So today mining efficiency for my 1050 has reached nearly 0.00013 Bitcoin a day, that is 4/5 of early January of this year, with the possibility of new GPUs in the near future, we could easily see new mining craze in the next few months. 

Maybe I need to switch back to mining then instead of folding... 

[Wh0_Am_1]

Ok I guess that those previous #'s were due to network instability, the profitability has fallen by ~40% since the last update.

[w8kdrifter]

On 5/24/2018 at 12:30 PM, Crunchy Dragon said:

I believe I speak for most of the PC enthusiasts when I say "I hope not".

 

GPUs are just starting to reach MSRP and stock is starting to return to normal, the last thing we need now is a new mining craze to end all that....

So you assume PC enthusiasts are not miners? Keep digging! You do not have to agree with mining, that is your choice, but being a PC enthusiast is what got me into mining. I do not really game, but I do enjoy putting a PC together. Markets are what markets are. That said, if you cannot find a new GPU for your umpteenth build I have a few I'll sell you for a small markup  (slight wear and tear due to mining). Supply and demand drives markets my friend. Best get used to it. 

[Blebekblebek]

On 5/25/2018 at 2:33 AM, xriqn said:

Mining needs to die and stay dead.

 

2 minutes ago, w8kdrifter said:

So you assume PC enthusiasts are not miners? Keep digging! You do not have to agree with mining, that is your choice, but being a PC enthusiast is what got me into mining. I do not really game, but I do enjoy putting a PC together. Markets are what markets are. That said, if you cannot find a new GPU for your umpteenth build I have a few I'll sell you for a small markup  (slight wear and tear due to mining). Supply and demand drives markets my friend. Best get used to it. 

This is mining forum, don't like it gtfo

On 5/25/2018 at 2:30 AM, Crunchy Dragon said:

I believe I speak for most of the PC enthusiasts when I say "I hope not".

 

GPUs are just starting to reach MSRP and stock is starting to return to normal, the last thing we need now is a new mining craze to end all that....

You are moderator, you are supposed to be neutral in this matter.

---------------

 

I really don't understand what's the point of this section.

Everytime people try to discuss about mining it's always going to be hated anyway.

 

" here we open mining section to discuss it "

OP: Open threads about mining

Reply: FUCK MINERS.

 

 

Summary of every mining threads.

[Wh0_Am_1]

Update: Mining efficiency appears to be stable at 0.000084 BTC a day on my 1050.

[Crunchy Dragon]

11 hours ago, Blebekblebek said:

You are moderator, you are supposed to be neutral in this matter.

I may be a moderator, but I am also a PC gamer and that happens to be my opinion on the matter.

 

I didn't say "mining should stay dead" or "all miners should die". I said "I hope it doesn't."

 

[Crunchy Dragon]

11 hours ago, w8kdrifter said:

So you assume PC enthusiasts are not miners? Keep digging! You do not have to agree with mining, that is your choice, but being a PC enthusiast is what got me into mining. I do not really game, but I do enjoy putting a PC together. Markets are what markets are. That said, if you cannot find a new GPU for your umpteenth build I have a few I'll sell you for a small markup  (slight wear and tear due to mining). Supply and demand drives markets my friend. Best get used to it. 

I'm plenty used to it my friend. I didn't say "PC enthusiasts aren't miners", I said "I believe I speak for most PC enthusiasts".

[Blebekblebek]

1 minute ago, Crunchy Dragon said:

I may be a moderator, but I am also a PC gamer and that happens to be my opinion on the matter.

 

I didn't say "mining should stay dead" or "all miners should die". I said "I hope it doesn't."

 

You said you speak on behalf most pc enthusiast which is bullshit

 

Just say you speak for yourself, it doesn't hard.

 

But then again, it doesn't matter either way. You are moderator, and this is mining section which you should encourage people to have discussion in first place, not the other way around.

 

 

[Crunchy Dragon]

Just now, Blebekblebek said:

You said you speak on behalf most pc enthusiast which is bullshit

 

Just say you speak for yourself, it doesn't hard.

 

But then again, it doesn't matter either way. You are moderator, and this is mining section which you should encourage people to have discussion in first place, not the other way around.

Again, "I believe I speak for most", not "I do speak for most".

 

I'm not doing anything to discourage discussion, I was just giving my opinion.

[Blebekblebek]

How is this isn't discouraging discussion ?

 

" GPUs are just starting to reach MSRP and stock is starting to return to normal, the last thing we need now is a new mining craze to end all that.... "

 

 

How or what meaning is that to your for all the people are going to read it?

 

[w8kdrifter]

13 hours ago, Crunchy Dragon said:

I'm plenty used to it my friend. I didn't say "PC enthusiasts aren't miners", I said "I believe I speak for most PC enthusiasts".

I know what you stated, I can read. I am just pointing out that you are lumping an entire category of people into your biased opinion. You made a very bold statement, now please back it up with facts. What if the mining "craze" got more people into learning how to put a PC together because now they have a purpose for doing so? 

[Wh0_Am_1]

Update! Profitability is currently fluctuating between .00010 and 0.00011 BTC a day.

[Uzume]

On 5/25/2018 at 3:23 AM, xriqn said:

Sorry but if we let mining continue in any amount its gonna fuck the market up again.

 

"let"

 

You/me/we don't have jack schmidt of a say in how other people use their own private property.