LOL... GG.COM

503 error

https://twitter.com/BITMAINtech/status/895579331073724416

I bought gtx 1060 3GB and did a casual mining.

Using nicehash, my earning/day is 1.47usd @ Equihash @ 261.12 Sol/s

This is out of box performance, no modding etc.

Is this acceptable or underperformed?

Acceptable, quite good for this card actually, this is the current state of mining -- cannot make profit after you factor in the high risk of your equipment koyak within 1 year due to 24x7 mining.

even after modding, you are talking about AT MOST 10% additional earning, 1.47*1.1*4.3 = <RM7 per day, might as well buy bitcoin directly and enjoy the growth wave before it stabilize above USD5000 price point.

Russia & China might also come out with specialized GPU mining machines which will make your GPU looks like toys, and your earning will drop further, they also enjoy very cheap electricity.

Thank you. Anyways as per what Goldfries always said, i did this as a hobby. I understand that this will not make me rich, but if i could get RM80/month. I can use it to casually reduce my internet bill payment.

I'm well aware with the future risk. Soon even Nvidia wil launch a dedicated mining gpu. But i need a new GPU for my personal use, so might as well run nicehash, perhaps by 6 months, even if i cant make profit, i can still reduce the cost of my gpu. In the end, i still have the GPU. So let us make what we can with current situation, while my gpu still not looks like toy.

Risk of equipment koyak, i read somewhere that i can send the for warranty. 1 to 1 exchange. And I'm using zotac so, that is 5 years warranty.

Buying Bitcoin directly is a risky investment that im not yet willing to take, if the price went up it is good. But if the price went down, there is nothing much i can do. Like i said, if i use that money to upgrade my GPU, if worst come to worst, i still have the GPU.

This post has been edited by wildan03: Aug 11 2017, 10:02 AM

Goldfish?

Sorry, it should be goldfries lol

Same thing happen again... Celaka betul

Hmm planning to get 470/480/570/580 when salary is out, previous GC died, not going to give up casual mining because had bought the new board+proc+ram which is up to date and future proof haha, saw reviews that RX400 series performs better than RX500 series... Is that true?

There are no new 470/480.

Buy Nvidia GPU. U can mine many good coins, AMD is slow on many Algo.

Lowest entry is 6gb 1080 NV.

What do u mean specialised GPU?
GPU is GPU, how special it can be?
It's still NV-AMD GPU in the mining box. Nothing special.

Russian has been, for the last 2 years trying to make PCIe ASIC card. Even prototype is not out, and China Baikal, Bitmain are laughing..

I don't know the technicalities, but I believe Russia & China will have capabilities to design much more effective GPUs once they get serious about it.
Here's an article today about Russia investing big into mining business: http://finance.jrj.com.cn/2017/08/10064922873370.shtml

I see... But 1080 abit high on budget haha, if Rm1k+ 1060 or 1070 is it profitable?

My 1070 on nicehash

Daily income 0.00081556 BTC
2.88 USD
Weekly income 0.00570895 BTC
20.18 USD
Monthly income 0.02446691 BTC
86.49 USD

Have you deducted electricity cost yet?

GTX 1060 @ RM1,150~ = 1.47USD daily
GTX 1070 @ RM2,069~ = 2.88USD daily
GTX 1080 @ RM2,639~ = 3.33USD daily?

i guess income is really parallel with gpu price

Wow 1060 more powerful than 480/580?

assuming you going to mine eth as its still the most profitable out there now.

suggest u google rx epoch dag size
the rx series hashrate is already slowing down, there is no current driver/miner to fix this, none for the foreseeable future.
better stick with gtx.

yes rx400 is better then rx500 pre mod
after mod then it will perform with very similar hashrate/power ratio to rx400