Thanks to Nvidia I now have serious psychological problems

[Spiritwolf]

I'm not even sure what kind of thread this is. Is it a troll thread mocking gamers? Is it encouraging people to mine crypto? Is it a post about the insanity of modern life?

Answers on a postcard.

Insanity of the current situation

 

[IICIIEII]

So, you bought two cards you didn't need and now you are using them to mine money and recover some of the amount you spent on them. Meanwhile, you are not gaming much because it seems like a bad proposition, since the cards are not mining. Sounds pretty sane and good to me

 

[Spiritwolf]

So, you bought two cards you didn't need and now you are using them to mine money and recover some of the amount you spent on them. Meanwhile, you are not gaming much because it seems like a bad proposition, since the cards are not mining. Sounds pretty sane and good to me

None of this would happen if I had only gotten my hands on a 3080 the first card I wanted at a reasonable price £700~ now look at me! I am a freak!

 

[MiKeOnE10110]

so if I have the maths right you can make £8500 a year with 2 3090s, how much does the electric cost a year to power them?

 

[StonedPenguin]

so if I have the maths right you can make £8500 a year with 2 3090s, how much does the electric cost a year to power them?

No, The network difficulty is rising, rapidly. That £25 a day could quite easily turn to £5 or even £3 a day in not a lot of time at all if the market takes a turn (like it has in the past and probably will again soon)

 

[heartburnron]

I can relate to this although not on the same sort of level. For me it's when I decide to play a game, I want to know that at least one of my 3 kids gaming PCs are mining so that at least there is something coming in. Also, if I'm about to pause the mining to start playing a game, but I'm getting a higher than usual pay rate, I'll wait until it goes back down to average before starting the game.

 

[BlueInf]

Are you offering to lend me 12 3090FE ?

https://www.reddit.com/r/EtherMinin...urce=share&utm_medium=ios_app&utm_name=iossmf

 

[Zeeflyboy]

No, The network difficulty is rising, rapidly. That £25 a day could quite easily turn to £5 or even £3 a day in not a lot of time at all if the market takes a turn (like it has in the past and probably will again soon)

Quite

https://www.coinwarz.com/mining/ethereum/difficulty-chart

AKA, make hay while the sun shines...

 

[Sarge2255]

The 2080 Ti can currently mine around 40 cents worth of cryptocurrency per 24 hours, and costs $1200.

Meaning, it will take around 8 years to make back your investment, and actually start making profit!

 

[Zeeflyboy]

The 2080 Ti can currently mine around 40 cents worth of cryptocurrency per 24 hours, and costs $1200.

Meaning, it will take around 8 years to make back your investment, and actually start making profit!

Where is that from? I suggest wherever you found it is way out of date.

Mining 40 cents per 24 hours is nonsense... at current prices/difficulty and assuming 16p per kWh a 2080Ti would be in the region of £5-6 profit per 24hr period mining ETH or on Nicehash.

 

[no_1_dave]

The 2080 Ti can currently mine around 40 cents worth of cryptocurrency per 24 hours, and costs $1200.

Meaning, it will take around 8 years to make back your investment, and actually start making profit!

2080TI will currently make just over $8 per day... $240/month and that's after electric

edit - Zeeflyboy beat me to it

 

[Zeeflyboy]

2080TI will currently make just over $8 per day... $240/month and that's after electric

edit - Zeeflyboy beat me to it

Your name is a lie! You shall now be known as No 2 Dave

 

[no_1_dave]

your name is a lie! You shall now be known as No 2 Dave

As is yours

 

[Zeeflyboy]

Yer a savage

I’ll have you know I can vaguely remember what a ‘bus looks like.

 

[Sarge2255]

Keep dreaming mining with one gpu will get you high electricity bills and make you broke.

 

[Sarge2255]

Your name is a lie! You shall now be known as No 2 Dave

+1

 

[Spiritwolf]

so if I have the maths right you can make £8500 a year with 2 3090s, how much does the electric cost a year to power them?

More of recouping losses Chances of me mining at this level for a entire year is virtually nill.

1. Crypto bubble burst, it went up in 1-2 month and it could easily collapse in 1-2 months.
2. Difficulty increasing, even if everything stay at the same price, in 2 months I will be earning half of what I am earning now, difficulty is doubling every 3 months.

So in order for me to get the income of £8500 in a year bitcoin has to rise to £640,000 / coin at the end of such a year.

 

[montymint]

Keep dreaming mining with one gpu will get you high electricity bills and make you broke.

Depends on the card I guess but with a 3080 for example, you can have it Mine (at current BTC value) about 50-70 quid per week with a modest underclock (200W making 80+ MH/s). 200W for a month @ 13p pKW/H is at worst £20 or so a month on the top of your bill.

 

[Spiritwolf]

Depends on the card I guess but with a 3080 for example, you can have it Mine (at current BTC value) about 50-70 quid per week with a modest underclock (200W making 80+ MH/s). 200W for a month @ 13p pKW/H is at worst £20 or so a month on the top of your bill.

You need to tell me your supplier most of the plans I found are currently around 17-18p/KW (I am currently paying 18)

 

[montymint]

You need to tell me your supplier most of the plans I found are currently around 17-18p/KW (I am currently paying 18)

even at 18p, that's £27 a month for £200+ return on that investment (at current BTC price).