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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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luminaryxi
post Jun 12 2017, 01:44 PM

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QUOTE(zamans98 @ Jun 12 2017, 01:38 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
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Thanks for your advice, I am really motivated. 3gpus need at least how many watt psu?
zamans98
post Jun 12 2017, 01:49 PM

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QUOTE(luminaryxi @ Jun 12 2017, 01:44 PM)
Thanks for your advice, I am really motivated. 3gpus need at least how many watt psu?
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i will go for CORSAIR RM650X 650W PSU. RM520-550, depending which shop.
U even can add later 1 more GPU, still sufficient if with NVIdia GPU

Remember, leave the card at their factory setting or slight OC.


no need to stress the components too much, after all we need it running 24/7 for foreseeable future.

on BTC.org, there are people who ran 6gpu RX580 achieving a solid 890W


kmarc
post Jun 12 2017, 01:54 PM

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QUOTE(zamans98 @ Jun 12 2017, 01:44 PM)
yes, all in US$
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Nice. Really tempting......

Maybe I should just reward myself and upgrade my card while using my 1070 for mining.... no no... wait for vega first...... biggrin.gif
zamans98
post Jun 12 2017, 02:09 PM

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QUOTE(kmarc @ Jun 12 2017, 01:54 PM)
Nice. Really tempting......

Maybe I should just reward myself and upgrade my card while using my 1070 for mining.... no no... wait for vega first...... biggrin.gif
*
Why wait, u believe Vega will reach here in next 2 months?
And while waiting, u lose potential income. This is not correct business.
U buy 1070, then sell it for Vega.

TSwengherng
post Jun 12 2017, 02:21 PM

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QUOTE(zamans98 @ Jun 12 2017, 01:28 PM)
i thought Kentang Emas aka GOLDFRIES want to take lead?

u can start, many will chip in.
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Unfortunately, I have zero knowledge in mining, and am not really interested in doing so either, at least not at the moment.
Kmarc has already contacted goldfries about this, I think he's the best person to take the lead.

kmarc
post Jun 12 2017, 02:29 PM

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QUOTE(zamans98 @ Jun 12 2017, 02:09 PM)
Why wait, u believe Vega will reach here in next 2 months?
And while waiting, u lose potential income. This is not correct business.
U buy 1070, then sell it for Vega.
*
No urgency. Besides I can't even source the appropriate motherboard and risers locally! I'm quite happy with my auto-cruise coins and lending at the moment. I'm just thinking that mining will make my involvement in cryptos complete. wink.gif

On other news, ETH at 350! rclxm9.gif
zamans98
post Jun 12 2017, 02:34 PM

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QUOTE(kmarc @ Jun 12 2017, 02:29 PM)
No urgency. Besides I can't even source the appropriate motherboard and risers locally! I'm quite happy with my auto-cruise coins and lending at the moment. I'm just thinking that mining will make my involvement in cryptos complete. wink.gif

On other news, ETH at 350! rclxm9.gif
*
board and risers u can find it over lelong. Locally means in Sibu?
SUSraynman
post Jun 12 2017, 02:38 PM

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QUOTE(kmarc @ Jun 12 2017, 02:29 PM)
On other news, ETH at 350! rclxm9.gif
*
Great!

I just took up another Ethereum cloud mining contract for two years with Genesis.

You can use my affiliate code in my signature to get a 3% discount after you sign up. smile.gif

kmarc
post Jun 12 2017, 02:45 PM

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QUOTE(zamans98 @ Jun 12 2017, 02:34 PM)
board and risers u can find it over lelong. Locally means in Sibu?
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Yup, Sibu. I usually buy parts online and can built rigs from scratch but since this is going to be 24/7, it's better to source locally. Warranty would be a headache.

QUOTE(raynman @ Jun 12 2017, 02:38 PM)
Great!

I just took up another Ethereum cloud mining contract for two years with Genesis.

You can use my affiliate code in my signature to get a 3% discount after you sign up. smile.gif
*
Nice but I'm still not comfortable with cloud mining. Maybe when I'm out of ideas next time.... biggrin.gif
mois
post Jun 12 2017, 02:52 PM

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QUOTE(kmarc @ Jun 12 2017, 02:45 PM)
Yup, Sibu. I usually buy parts online and can built rigs from scratch but since this is going to be 24/7, it's better to source locally. Warranty would be a headache.
Nice but I'm still not comfortable with cloud mining. Maybe when I'm out of ideas next time.... biggrin.gif
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Araid and PC image dont have?
Bonescythe
post Jun 12 2017, 03:01 PM

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Been researching top down n bottom

Will be good if there is a mining section


At the rate crypto is booming up, mining will be very profitable in no time
jack2
post Jun 12 2017, 03:08 PM

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QUOTE(raynman @ Jun 12 2017, 02:38 PM)
Great!

I just took up another Ethereum cloud mining contract for two years with Genesis.

You can use my affiliate code in my signature to get a 3% discount after you sign up. smile.gif
*
How much is the ROI a month on cloud mining?
PrincZe
post Jun 12 2017, 03:18 PM

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QUOTE(kmarc @ Jun 12 2017, 01:43 PM)
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?
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does lending really make money? i dont know how much profit will rake in.

i get it earn the interest, but at what scale. my own thoughts
TheReaderReads
post Jun 12 2017, 03:20 PM

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QUOTE(raynman @ Jun 12 2017, 02:38 PM)
Great!

I just took up another Ethereum cloud mining contract for two years with Genesis.

You can use my affiliate code in my signature to get a 3% discount after you sign up. smile.gif
*
base on the link below
https://www.cryptocompare.com/mining/calcul...CostPerkWh=0.12

what power consumption (w) and cost per kW/hr should I fill in? if I buy the Genesis Mining ETH of 100MH/s?
SUSraynman
post Jun 12 2017, 03:22 PM

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QUOTE(jack2 @ Jun 12 2017, 03:08 PM)
How much is the ROI a month on cloud mining?
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For ethereum cloud mining, based on current price and mining difficulty, it is approximately 4.5 months.

The ROI period would be less for a solo custom mining rig.

jack2
post Jun 12 2017, 03:23 PM

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QUOTE(raynman @ Jun 12 2017, 03:22 PM)
For ethereum cloud mining, based on current price and mining difficulty, it is approximately 4.5 months.

The ROI period would be less for a solo custom mining rig.
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it seems not worth.
SUSraynman
post Jun 12 2017, 03:31 PM

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QUOTE(TheReaderReads @ Jun 12 2017, 03:20 PM)
base on the link below
https://www.cryptocompare.com/mining/calcul...CostPerkWh=0.12

what power consumption (w) and cost per kW/hr should I fill in? if I buy the Genesis Mining ETH of 100MH/s?
*
I bought the Genesis ETH mining contract at 100MH/s for 2 years at USD2,715 (after 3% discount).

Cloud mining do not attract power cost nor maintenance fee for ethereum.

Here is the ROI computation at current price and mining difficulty.

user posted image



blueblueoutofblue
post Jun 12 2017, 03:34 PM

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QUOTE(raynman @ Jun 12 2017, 03:31 PM)
I bought the Genesis ETH mining contract at 100MH/s for 2 years at USD2,715 (after 3% discount).

Cloud mining do not attract power cost nor maintenance fee for ethereum.

Here is the ROI computation at current price and mining difficulty.

user posted image
*
wow .. u r so rich drool.gif
TheReaderReads
post Jun 12 2017, 03:34 PM

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QUOTE(raynman @ Jun 12 2017, 03:31 PM)
I bought the Genesis ETH mining contract at 100MH/s for 2 years at USD2,715 (after 3% discount).

Cloud mining do not attract power cost nor maintenance fee for ethereum.

Here is the ROI computation at current price and mining difficulty.

user posted image
*
thx

so meaning if I were to pump in USD2715 (after 3% discount), I get money in return?

or I get ETH?

Most likely is money eh?

I just give money? or I have to give ETH to Genesis Mining?
Dixon93
post Jun 12 2017, 03:35 PM

huh what?
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QUOTE(TheReaderReads @ Jun 12 2017, 03:34 PM)
thx

so meaning if I were to pump in USD2715 (after 3% discount), I get money in return?

or I get ETH?

Most likely is money eh?

I just give money? or I have to give ETH to Genesis Mining?
*
you will get ETH in return of course, thats why called cloud mining,
then you can decide what to do with the ETH

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