I think it is time to sell

draksia

Supreme [H]ardness
Joined
Nov 16, 2000
Messages
7,917
I am down to under $5 a day, I am thinking it is probably time to sell with the big Maxwell right around the corner. The value of 750ti's is going to drop.
 

Parja

[H]F Junkie
Joined
Oct 4, 2002
Messages
12,307
Huh, just looked on eBay. Used 750Ti cards are still selling for $120-130. Considering I paid about a net $135 for mine, that's not too shabby at all.
 

draksia

Supreme [H]ardness
Joined
Nov 16, 2000
Messages
7,917
Yeah if I can 120 for them I have done really well. Might keep the H81btc boards and see what big maxwell does.

I sold my R9 280x at just the right time. I have a feeling now is probably it for the 750ti.
 

Parja

[H]F Junkie
Joined
Oct 4, 2002
Messages
12,307
Yeah if I can 120 for them I have done really well. Might keep the H81btc boards and see what big maxwell does.

Yeah, may as well. The used market on the boards is not looking so hot. The last used H81S2 that sold on eBay went for $17.50 with free shipping...ouch!
 

Swift_OwL

Limp Gawd
Joined
Jan 8, 2008
Messages
241
Im interested in getting into mining. Might do it. Will read the threads in here to see if I should.
 

mkrohn

2[H]4U
Joined
Apr 30, 2012
Messages
2,344
the 750ti's are basically the only thing worth mining on right now but yeah I'm gonna sell another round of AMD cards soon
 

blade52x

2[H]4U
Joined
Sep 9, 2006
Messages
3,039
I still hope for another crypto bubble to sell my GPUs. I wouldn't mind getting $200+ per 7950. :p
 

nightwalker

2[H]4U
Joined
Feb 25, 2007
Messages
2,555
I am quite confused at why people mine on the ltc network when the difficulty keeps going up and price keeps going down. Can make a little bit more by just mining scrypt shitcoins with asics.
 

oblox

Gawd
Joined
Nov 27, 2013
Messages
957
With the exception of two cards I need to RMA and a 6950, I sold all my GPUs. The mobo combos and PSUs aren't a rush to sell since they hold their value better. That way, if this fall is a rush again for alt mining, it's just a matter of getting cards. I still doubt there will be another run at it though. Fun while it lasted.
 

blade52x

2[H]4U
Joined
Sep 9, 2006
Messages
3,039
I wonder if LTC ASICs will ever ROI with how LTC has been lately. It's trading at $4.30 right now. Lots of people invested into their ASICs at $10+.
 

oblox

Gawd
Joined
Nov 27, 2013
Messages
957
I wonder if LTC ASICs will ever ROI with how LTC has been lately. It's trading at $4.30 right now. Lots of people invested into their ASICs at $10+.

They were never going to ROI even before the price drop.
 

nightwalker

2[H]4U
Joined
Feb 25, 2007
Messages
2,555
LTC trading at $3.68 as I type this, terrible.

I'm sure KNC are getting swamped with people demanding a refund for those 10 grand Titans.
 

izusaga

Limp Gawd
Joined
Oct 4, 2005
Messages
475
Pre-purchasing an ASIC is historically one of the worst decisions someone can possibly make in crypto.
 

Spidey329

[H]F Junkie
Joined
Dec 15, 2003
Messages
8,683
Pre-purchasing an ASIC is historically one of the worst decisions someone can possibly make in crypto.

Especially since those ASICs they're pre-ordering will naturally drive difficulty up when they finally get them.
 

izusaga

Limp Gawd
Joined
Oct 4, 2005
Messages
475
Especially since those ASICs they're pre-ordering will naturally drive difficulty up when they finally get them.

It genuinely has a lot more weight in the fact that they don't even bother shipping until they've "tested" them by mining with them themselves for a few months.. made possible by funds from said pre-orders. Basically all around one very sad, very unfortunate scam.
 

blade52x

2[H]4U
Joined
Sep 9, 2006
Messages
3,039
I didn't realize how much LTC mining difficulty has gone up. It's turned into an exponential growth much like BTC. Except when BTC did it, its price followed. LTC has gone the complete opposite direction.

LTC trading at $3.68 as I type this, terrible.

I'm sure KNC are getting swamped with people demanding a refund for those 10 grand Titans.

As of very recently, you could have bought (and probably still will get the opportunity to as I am not conviced this down trend is over) over 2500 LTC with that money. A 300 MH/s Titan will never mine that mine that many if difficulty on LTC continues to climb like it has.
 

nightwalker

2[H]4U
Joined
Feb 25, 2007
Messages
2,555
Right, and a lot of people forget the fact that scrypt coins like LTC have a difficulty change every 3 days (not about 2 weeks like BTC), so all of these uber powerful asics are driving the difficulty into oblivion in no time at all.

I'm still holding onto some GPU's for now as i'm confident there will be another coin / algo that will pick up with some weight behind it that only GPU miners can benefit from.
 

mkrohn

2[H]4U
Joined
Apr 30, 2012
Messages
2,344
I've been selling cards off slowly but I can't help but hope this winter will help turn things around.
 

UncleDavid218

2[H]4U
Joined
Jan 16, 2006
Messages
2,734
I sold off all of my GPUs but kept everything else (since I'd get pennies on the dollar), so if things pick back up this winter and new cards are out, I'm ready to start again.
 

0ldways

Limp Gawd
Joined
Sep 28, 2010
Messages
138
Still making a little... And I bought 6 of these from the OP... It still pays the total electric bill and cost of internet monthly, plus some left. I would have to pay that (minus power usage) anyway. Hell, Doge jumped 40% today for whatever reason, and I unloaded 930k I had doing nothing. It does take some patience sometimes, but still making some. As long as it makes more than the power USED and can pay for my 105 mbps internet, why not?
 

nightwalker

2[H]4U
Joined
Feb 25, 2007
Messages
2,555
I'm trying out Monero (XMR) to see how that goes, I had a lot of fun with Nicehash but people are selling their hashrate for next to nothing now so it's no good for miners.
 

DooLocsta

[H]ard|Gawd
Joined
Jan 26, 2005
Messages
1,653
I'm trying out Monero (XMR) to see how that goes, I had a lot of fun with Nicehash but people are selling their hashrate for next to nothing now so it's no good for miners.

I jumped on XMR in May and have been really happy with it :)
 

kerbos5

n00b
Joined
Feb 27, 2014
Messages
43
Why not throw a couple on foldingcoin (fldc) for a while....cant hurt right and it for a good cause.
 

0ldways

Limp Gawd
Joined
Sep 28, 2010
Messages
138
Still managing to make a little. Had a power outage that shut down 4 of the 6 x 750 machines 12 days ago, but the rest kept chugging (need to invest in more UPSs). It still paid for the total electricity and internet bill, so I'll keep chugging along also. XMR is still making a little. When the diff is 12k or less, it's not losing money to mine. Dark makes pretty well if you can mine when the diff drops and wait for the price increase waves to sell. It does climb well once a week or so. Both of these are really power efficient compared to scrypt, and make "some" profit with little effort. The AMD stuff even makes money if you are not just mining to sell every day.

I don't recommend new hardware unless you can help pay for it with profits from older purchases. Or are just buying it because you can. A "gaming rig" is not going to pay for itself anymore as it would before, because the margin is too small now.

As for the question of FOLDING, I'll try to leave that alone. I did that for more than 10 years, and was a very high producer for more than one team. I spent MANY thousands of dollars for a cause I believed in. If I had put that much computer power to mining, I would worry about nothing now. Take that as you will, but it is true. Because I gave a LOT. And I pale in comparison to some of the true stalwarts of [H]. Fuck, this is a conversation for the FAH thread. I'm out of that part, and apologize for taking a noble suggestion to the lengths I did.

No offense meant to kerbos5. I got carried away, and hope you will forgive me
 

Core32

[H]ard|Gawd
Joined
Mar 3, 2012
Messages
1,065
Well I am done.
Just sold off the last of my KNC miners after the last difficulty increase.
Sold off all the GPUs months ago.
Power availability at my home is what finally shut me down.
To keep increasing hash rate and stay profitable, which I had been able to do by selling off the older, slower power hogs at just the right time and buying used but better stuff from folks doing the same as me, I had to have more juice at the wall.
My basement is limited to about 6.5kW safely at 120V and the next step up in HW was going to require some electrical work at the panel.
Just decided that the extra basement heat wasn't worth it even with an average of $20 a day profit.
Probably would have been $1,500 worth of electrical and an "artful" explanation to the wife why we needed the work done ;)
It was fun, but the time spent watching for used equipment sales, hocking old equipment and keeping the rigs running full steam began to be a burden, so not worth it.
 

oblox

Gawd
Joined
Nov 27, 2013
Messages
957
Well I am done.
Just sold off the last of my KNC miners after the last difficulty increase.
Sold off all the GPUs months ago.
Power availability at my home is what finally shut me down.
To keep increasing hash rate and stay profitable, which I had been able to do by selling off the older, slower power hogs at just the right time and buying used but better stuff from folks doing the same as me, I had to have more juice at the wall.
My basement is limited to about 6.5kW safely at 120V and the next step up in HW was going to require some electrical work at the panel.
Just decided that the extra basement heat wasn't worth it even with an average of $20 a day profit.
Probably would have been $1,500 worth of electrical and an "artful" explanation to the wife why we needed the work done ;)
It was fun, but the time spent watching for used equipment sales, hocking old equipment and keeping the rigs running full steam began to be a burden, so not worth it.

Yeah, my 100A sub panel with dedicated surge protector, four 30A 240v nema 30s and 8 dedicated 20A 120s ran $1500. Granted, paid for, but now I have a sick setup for power tools ;)
 
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