When Bitcoin Mining Gets REALLY serious :)

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Hmm I wonder how much is the electric bill lol.
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Hmm I wonder how much is the electric bill lol.
16x 6-card rigs, assuming 1070s since AMD gpus are getting shafted by the DAG epochs at around 110w would put it at 10.5 kW. Price of electricity in the US is around 0.121 $/kWh, which would put monthly bill at 914$ a month. That said, they would make 450$ a day today. In a month, that is a different story, since with etherum, you would RoI in about 7 months, but it won't be minable by then. ZCash with current difficulty change would be unprofitable in about 6 months without RoI, and after all the insane amount of hashrate from etherum moves to other altcoins, like zencash or ETC or whatever else, the difficulty spike will only keep solars very slightly profitable.
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Well this explains where all the graphics cards went 😀
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"Endless fields, Neo....."
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Hashtag this is why video cards cost so much right now.
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I guess this one should belong here too ( Thanks babel 17 from Beyond3D) https://www.facebook.com/tech4gamers/videos/915414541933067/
Feel the noise and heat of 2000 rigs in one single house in China. 2000 systems, each running 6 AMD GPUs. #Ethereum #Mining Most of my rigs are based on RX 470 and Rx580
12000 GPU's... now that is what i call serious.
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I'm dying to see the bubble burst and the second hand market flood with dirt cheap GPU's. It's unfair, actually needing a GPU and having none because people buy them in the dozens for sitting there, mining...
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Moderator
If only it could run Crysis
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That's mere drop in the ocean. Guy in Iceland has 2 very large warehouses with thousands of racks of GPU's. 10,000+ GPU's....1 million euros electric bill a month. halfway through short video shows you the guy https://youtu.be/SJgWqbZBn6I
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Wow, Just Wow!
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That's mere drop in the ocean. Guy in Iceland has 2 very large warehouses with thousands of racks of GPU's. 10,000+ GPU's....1 million euros electric bill a month. halfway through short video shows you the guy https://youtu.be/SJgWqbZBn6I
Cool video Bro^
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That's mere drop in the ocean. Guy in Iceland has 2 very large warehouses with thousands of racks of GPU's. 10,000+ GPU's....1 million euros electric bill a month. halfway through short video shows you the guy https://youtu.be/SJgWqbZBn6I
Today on Animal Planet, the GPUgobbler in its native environment. Does this stuff even get used for anything useful (like F@H) or is it all pointless speculation?
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Moderator
THIS IS WHY WE CAN'T HAVE NICE THINGS! Mining makes me angry if you can't tell.
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I'm dying to see the bubble burst and the second hand market flood with dirt cheap GPU's. It's unfair, actually needing a GPU and having none because people buy them in the dozens for sitting there, mining...
It's still possible to get a RX 580 for a reasonable price. Set auto-notify on Newegg for a product, and when you get the email then immediately click on the link and put it in your cart. There should only be a 15 minute window so you need to be quick, but it can be done.
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Now I know why GTX 1080Ti price in poland, jump-up from 800$ to 1000 USD. Month ago it was alot GPU's in stores here. Now shops getting empty.
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12 thousand amd cards hard @ mining
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You do realize that all this..will eventually bring only bad things to everyone...do you?
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It's still possible to get a RX 580 for a reasonable price. Set auto-notify on Newegg for a product, and when you get the email then immediately click on the link and put it in your cart. There should only be a 15 minute window so you need to be quick, but it can be done.
I live in Europe (Portugal) and know nothing of those sites.
Nope [spoiler]http://i841.photobucket.com/albums/zz338/airbud7/580_zpscmmlnoem.jpg[/spoiler] Lol
The problem here is no availability, but prices are indeed rising. I have a reserve under a specific price so I hope I'm not hit.