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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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23536746 No.23536746 [Reply] [Original]

I been mining for two days and i've made $1.40 worth of ethereum but I'm worried about the electric bill and my videocard getting burn out.
But I also can't get paid until I mine 0.05 ethereum.
Should i turn it off?

>> No.23536768

>>23536746
keep mining wagie, the blocks arent going to mine themselves

>> No.23536779

>>23536746

mine wagie mine

>> No.23536809

>>23536746
Kek, your going to be in the negative by the time you pay that bill. Then on top you will probably need a new videocard in 2 months... its not worth it.

>> No.23537014

Why the fuck would you mine ETH with a video card now? Aren't there ASICs for ETH now?

>> No.23537029

Mining isn't really worth it unless you can get free electricity or live in a 3rd world country with really cheap electricity

>> No.23537058

>>23536746
>newfags trying to mine because they are the tech guy
when will they learn, mining is for the chinese bugmen now OP.

>> No.23537350
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23537350

>>23537058
I can't criticize him, my entire portfolio is from mining.... in 2013

>> No.23537371

>>23537350
yes, back in 2013. that is the point

>> No.23537505

>>23537371
Maybe in 2027 he'll make it

>> No.23537561
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23537561

>>23537014
Yuppers sure is pardner.

>> No.23538041
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23538041

>>23537505
I had to shut her down.
I'm living on a tight budget.
Maybe if I quit smoking i could afford crypto.

>> No.23538057

>>23536746
get a job nigger

>> No.23538075

>>23536746
What GPU? Chances are you are about breaking even on the electricity cost if you’re in USA. I bought a reader and did a ton of tests with my 3 current GPUs, some are better than others but kilowatt hour around me is about 12 cents an hour and the 8G RX580 which is a staple for ethereum mining nets maybe a few cents an hour. Unless you’re a total retard you’ve set a heat max on your GPU and it’s not going to have wear and tear like a car tire or something

>> No.23538137

>>23536746
lol this is what people do with their time
truly eye-opening

>> No.23538293

>>23538075
I ran an open air mining rig back in 2018 in a non-airconditioned room with temps of 28-30c. My cards never went over 55C running 24/7. It's all about good airflow and undervolting. I was lucky and paid off the rig in three months mining shitcoins for a few days at a time when they peaked.

>> No.23538404

>>23538293
Impressive

>> No.23538599

>>23538293
cool.

>> No.23539368

>>23536746
top kek post anon, i made 1.40$ in half an hour while being rugged by farm finance

>> No.23539936

>>23538293
This. Undervolting is key. My rig has 4 rx 580s pulling only 250 watts for the entire rig plus motherboard

>> No.23539952

mine xzc on mintpond instead of eth on nanopool

i get $0.75 in daily payouts with a 1080.

been running it 24/7 for 2+ years without issue