Crypto Mega-Thread [A.K.A Cryptocurrency mining isn't for hobbyists and Ethereum's terrible]

to get outta debt id need to sell each card for like 599 lol

i saw. sorry, not biting on any used cards (especially for mining) over half retail cost.

1 Like

Used for a month,
But whatever

That shouldn't really affect your decision, I'd buy a miner card over a random option.

presented without comment.

Good. Caveman wants a 1080.

my electricity is part of my rent which will be the same cost regardless of how much i use. it's priced so the landlord makes a profit not based off of the actual avg use of my household or then mean of the neighborhood. so since i already have a gpu and mining wont cost me more then im already paying might as well get some eth.

I tried that nicehash thing. IMO if I was going to hobbyist mine I'd just use that. Bitcoin seems like the only coin with any staying power, so I'd rather have bitcoin than eth.

if you don't have a lot of hashpower just use one of the hash renting services like nicehash. ehtereum hasn't been profitable since the craze started.

~googles~ is this legit? claims about 40$ above the mounthly amount i get from eth but thats with eth at a low atm of 240~ and since the reason it is at a low is so many people cashing out since the big eth heist, it makes sense eth will go back up long term.


The cratering correction was before the heist, man. ETH price is entirely supported by bubbles and empty promises.

multiminers and hash renters are a way more profitable option on the small scale.

1 Like

about fucking time. Now I can get a mid range GPU for my dad's rig I'm building him for his birthday.

1 Like

they told me that there's a yooge profit round here
whether it's from dogecoin or E-there-reum
you can make a quick buck if you cash in now
just mine it, just mine it

prices are jacked, you better buy what you can
NVIDIA are out, just be a Team Red man
so you bought 12 cards off Craigslist in Taiwan
just mine it, just mine it

miinnneeee iiitttt, minneeeee ittttt
just go ahead and try it
you're not a chump
reddit's always right
who reads those economic sites

your garage is a sauna
your children are scared
you fiddle with hash rates until your temper's flared
you've got heatstroke and the payout's tiny and they tell you it's fair
don't mine it, don't mine it

they're out to scam you, better sell while you can
cause the blockchain didn't work and ethereum's gonna tank
don't mine it, don't mine it
ain't beatin' the Chinese warehouse game
when your gpus make two bucks a day
don't mine it, don't mine it

don't mine it mine it mine it
don't mine it mine it mine it

3 Likes

That's really up to them. If they want to believe this thing is anything other than a hobby then that's their belief.

Hey, Eth Miners: may want to get out now --

https://bitsonline.com/sec-dao-icos-securities-law/

here's an ERC20 price chart since the announcement:

https://etherscan.io/tokens

Bleak.

you know you're fucked when VICE covers your hobby

2 Likes

ugh. MSM pumping is the worst.

They covered the SEC investigation a day after lol.

“How to irrecoverably lose thousands of dollars like a fool.”

So you’re saying mining is a meme then

2 Likes

image

2 Likes