Cryptocurrency Mining

[morkhans]

I've got a schitload of SIA, I'm stopping mining it tomorrow. I'm also looking for a replacement coin. I think I'll do this weekly on my backup rig since my main miner is still doing the nicehash dance.

I ran dcr for a short while. Shaved just over 1mh/s off my eth per card. So went back to eth+sia.

 

[morkhans]

I've heard of 1060's doing 25MH/s, and besides, 1070 cost around 8k to 9k now which sucks. Not to speak about availability

But at what sort of temp and power consumption? How stable is that? I'm running 5 x 1060 at about 110-115mh/s eth + sia for small change. Pulling 500w at the wall.

 

[srothman]

What are the duties imposed on importing miners? Something like 35%

 

[CTBP]

What are the duties imposed on importing miners? Something like 35%

For 2 x L3+ miners I paid just over 6K for duties and taxes, that's with UPS.

 

[srothman]

That's not too bad. Expected it to be way more.

 

[CTBP]

That's not too bad. Expected it to be way more.

It could also depend on how the Customs officer is feeling on the day :crylaugh:

 

[Dimpie (JIGSAW)]

That's not too bad. Expected it to be way more.

+1

For 2 x L3+ miners I paid just over 6K for duties and taxes, that's with UPS.

What was it "classified" as? PC parts?

 

[CTBP]

+1



What was it "classified" as? PC parts?

"Parts and Accessories" for the Mining units and "Static Converters" for the PSU's

 

[srothman]

"Parts and Accessories" for the Mining units and "Static Converters" for the PSU's

*Makes note*

 

[CTBP]

This Nicehash mining profitability makes no sense at the moment, it's almost half of what it would be if I mined directly on a pool.

 

[Thor]

Hopefully metro hard fork update in September will fix it, will be lowering difficulty .

Lower or just postpone the rate at which it increases?

 

[Gtx Gaming]

Lower or just postpone the rate at which it increases?

Lower and postpone the POS.

 

[Gtx Gaming]

This Nicehash mining profitability makes no sense at the moment, it's almost half of what it would be if I mined directly on a pool.

It makes sense to there bank account.

 

[CTBP]

It makes sense to there bank account.

It looks like it's back to normal, probably just took everyone's hashing power for a good 30 minutes to make some extra cash.

 

[Archer]

Seems like we need some more tinfoil in here as well...
NH doesn't take your hash power, they resell it. If the buyers are only offering tiny amounts then you as the seller lose out, and vice versa

 

[CTBP]

Seems like we need some more tinfoil in here as well...
NH doesn't take your hash power, they resell it. If the buyers are only offering tiny amounts then you as the seller lose out, and vice versa

I have a big tinfoil Sumbrero, the market place was looking good, that's why it didn't make sense to me, I only had a quick glance maybe I missed something, it's been doing well since the pump yesterday.

Edit: this is for scrypt.

 

[JerryMungo]

Seems like we need some more tinfoil in here as well...
NH doesn't take your hash power, they resell it. If the buyers are only offering tiny amounts then you as the seller lose out, and vice versa

No Tinfoil hat required. His comment was tongue in cheek lol.

 

[JerryMungo]

I have a big tinfoil Sumbrero, the market place was looking good, that's why it didn't make sense to me, I only had a quick glance maybe I missed something, it's been doing well since the pump yesterday.

Edit: this is for scrypt.

Have you tried antpool?

 

[CTBP]

Have you tried antpool?

I'm thinking about prohashing, but they've had a few issues lately.

 

[akescpt]

Eth difficulty increase in 4 hours time. 20 % increase in difficulty.