Mining is still profitable.

Before you start, remember, mining is not for everyone. Not many are cut to be a miner.

Before you start, u need to fix your mentality, Mining = Business. And u will have overheads --> power cost, breakdown of parts, internet etc, maintenance, but this is still profitable, vs some poor chap spending 15 hours a day mending his business, with zero profit.

once you set your mind that mining = business, you can now assemble your rig. don't buy a business, u set it from scratch. The feel is just different.

Then check your budget. What is your allowable overheads to be taken into considerations.

Then further study what cards are available. I suggest Nvidia. Minimum to get is 3.

If cost is a big concern, u shouldn't run a business. Easy.

Check in for v3

Let's huat together

So, who's up for taking the lead to create a dedicated thread for Cryptocurrency mining in the Hardware section?
I think we have come to a point where the cryptocurrency presence in Malaysia has matured enough to require two separate and dedicated discussions threads, one for investing and one for mining.

And I think this is also important so that more people will become aware of cryptocurrencies in general.

just checking, what is the current price of AMD Radeon R9 295X2?

looking at the benchmark price tag

This post has been edited by TheReaderReads: Jun 12 2017, 11:18 AM

The AMD Radeon R9 295x2 is a dual GPU card which is discontinued.

You can only get it used.

https://twitter.com/SatoshiLite/status/873343321296429056

None of you guys here invested in Litecoin ?

hi all.

newbie with noob question here.
i'm currently mine using nicehash miner.
the miner help me to choose which algo is the best for me to mine and they pay with bitcoin.
i'm planning to convert those bitcoin to ethereum for long term investment purpose
the question is: is it advisable to convert those bitcoin or just keep the bitcoin?

my logic: with the amount of bitcoin, i can get higher amount of ethereum.
and with the current ethereum projection, i may able to get better ROI with ethereum for the long term.

in ROI % wise, i think it's great to convert to ETH. BTC is moving upscale, probably slower.

but for ETH, as few forumer pointed out, could reach up to 500 USD? *Current price 348 USD

I saw a bunch of AMD RX 580 cards at lowyat but it was already booked by the tauke....
Sad.

This post has been edited by sirxl: Jun 12 2017, 12:01 PM

Our ETH veterans are saying $1000 this year if everything goes well.

For me I'm being conservative, $600 by New Year's Eve.

damn. its like x2 with the current price.

Stratis and Digibyte slowly recovering 🤓

i know which shop is that. They only display it. Not booked by tauke, to entice customer coming in . quite a good tactic.

I know one shop hiding a lot, and selling it at premium. 580 now fetching 2000RM per card, OC but not 8gb

i thought Kentang Emas aka GOLDFRIES want to take lead?

u can start, many will chip in.

yup, but i hope it will drop to 200000 stat for stratis so i can pump in more...

Hi, I do not have budget for 3, I am starting with 1 1070, together with my old rx270

at current BTC price ~3000

3 cards setup. Cost/profit wise. max watt 600w
Daily income, exclude TNB bill
GPU are of higher end in their class, standard OC

GTX 1060 - Ubiq/Eth $14
GTX 1070 - Hush/Ubiq $20
GTX 1080 - VTC/Mona $22
RX570 - Ubiq/ETH $15
RX580 - Ubiq/Eth $15


1 card setup. Cost/profit wise. max watt 400
Daily income, exclude TNB bill
GPU are of higher end in their class, standard OC

GTX 1060 - Ubiq/Eth $4.9
GTX 1070 - Hush/Ubiq $6.7
GTX 1080 - VTC/Mona $7.5
RX570 - Ubiq/ETH $5
RX580 - Ubiq/Eth $5.1

This post has been edited by zamans98: Jun 12 2017, 01:42 PM

okay, so what you mine, u keep. do not rush into selling.
i don't have database for older cards.

GTX750ti can make about $4 daily, mining FTC

Yippee! My BTS loan almost finished. Earnings so far is 230 BTS coins. Lent out at 0.73%. At current rates, that's about USD 80-90 past 2 days.

You guys should do some lending but please don't spoil the market. Some people just put a bunch of coins at 0.0001% for weeks, making lending not worth it at all.

BTC loan rate at the moment still not too bad, at 0.13-0.17%.

USD right?

yes, all in US$