My miners finally got me enough coins to play with.
Ethereum went on a great run this week from 16.32 -----> 29.897
I got in at 18 with the intention of getting out @ 28 which I did no help from Shapeshift.io
TO THE MOON!
If anyone else is playing with Ethereum and Bitcoin please post here. It would be nice to have a forum that was not full of BS.
Im still holding.
I was really excited about Ethereum, but i think it needs some time to mature first
It's gonna go PoS ---> Enterprise Becomes Lukewarm ---> Eth Foundation Exit Scam if it keeps on its current trajectory
I have an Antminer S3 running 24/7 in my office
When I started mining almost 3 years ago, Bitcoin was under $300
I've mined about 1 Bitcoin in total since I started.
Bought the Antminer for $110.
Free electricity. Our building lease includes X number of kWh per sqft.
I'm mining Ether. I started in July with 3x XFX 480's. I now have 12x XFX 480's in 2x Gray Matter v2.1 server cases sitting in a 42U rack. Ethereum mining has paid for everything and given me $1477.65 as of 3/9/17. I have almost doubled my money in 5 days.
I'm using the same fibonacci calculator day traders use for stocks.
"Level1Techs Investor's Club" anyone?
made some early money on the pepe pump and pump, and hold some bitcoin because who doesn't these days.
Alts to Be skepical of:
Eth
Dash
Zcash
Alts to Hodl:
Monero
What Exchange are you using? I would have bought and sold Monero at least once today if I wasn't looking at just Bitcoin and Ethereum.
Once I move into my new house I plan on starting back up, are asic miners still only able to mine certain coins that have been cracked?
with the bitcoin price coming back up, are asic miners lucrative again?
exchange
I don't day trade, the risk of a "haircut" is too high, happens like clockwork. any profit you make has to be hedged against the risk of a hack or an exit scam
From what I can tell no. But I use my Antminer like Logan used old GPU's - It's a coaster.
I get that. It's why I only invested the cost of 3 GPU's and let their profits up-scale my rig. I'm looking at Dollars and seeing Pennies (electricity costs.) A hobby that makes money is better than one that costs money.
So if the coins were mined, who cares if you loose them. The reward out weighs the risk. I think it would be fun to have a group of l33t Mother F****r's like the people here play around together. Maybe we can all make each other some money.
XD
tru. If I make any more rare pepes I'll let you guys in on the first-round buy-in
2 weeks later but this is a slow section on the forum anyway.
Yes! I am still playing, I caught the PASC train a few months early, hit the pump with around 2k coins, took some of the profit from there and I now have 5 480s, 2 290s, and my fury x mining almost 24/7 (I'll shut the fury off to play some games when I'm not busy with class). Looking to build another rig and by august hopefully have around 12 480s as well as the other cards running. Currently mining ETH/DCR on the GPU, XMG on CPU. I've been mining XMG for months now, the recent 4chan pump made me quite a bit of money. I've been mining ETH since october, happy to see the price move there, and DCR in the past few days has been phenomenal. I've been mining that since about December, and I bought in around 2.40 a while back, I figured the "real price" was around 5-6 bucks, never thought I would see it touch 20.
All of this is made even sweeter by the "free" power with the dorms. Since they're forcing me to live on campus and utilities are included, figure I may as well make the best of it. Plus, selling the hardware once I'm out of school should net enough for a nice down payment.
I'm really not sure where all the hate or belief that GPU mining is dead comes from. Especially with the newer rx series cards and a little bit of fine tuning, even with average power costs it's still very profitable. I know the old argument about putting the money into the coin instead of making a miner, but to me the ability to have a steady flow of income with 2-3 back up plans in case one coin tanks seems to far outweigh the potential gains of just investing. Seems safer to me, and you can get a lot of what you put into the rigs back out by selling the parts once you're done