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Old 06-14-2013, 10:10 AM   #5376
TheUnk
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Originally Posted by evilwhitey View Post
Would it be possible for amd to add asic capabilities to their gpus? I just have to imagine they will lose a lot of market share now that mining is no longer a reason to buy amd. I for one would go back to nvidia just so that I can enjoy multi gpu gaming again.
Meh I don't think it makes up as much of a % as the Nvidia fans would like to believe.
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Old 06-14-2013, 10:32 AM   #5377
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If AMD can't fix Crossfire, I'll switch again at some point.
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Old 06-14-2013, 10:43 AM   #5378
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Stop moving to LTC, you had your run!!!!!!!!!!!!!



The flood of miners is reducing the price, and the GHs for the network is skyrocketing
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Old 06-14-2013, 10:50 AM   #5379
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Stop moving to LTC, you had your run!!!!!!!!!!!!!



The flood of miners is reducing the price, and the GHs for the network is skyrocketing
lol you knew it was coming man =p
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Old 06-14-2013, 10:59 AM   #5380
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Yeah I just wanted to get 100 coins then get out, I'm not mining for pennies on the hour.
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Old 06-14-2013, 02:32 PM   #5381
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I thought the price of LTC would rise when more people started moving to it. More exposure, more transactions....higher price?

Damnit Mt.Gox, hurry up and start trading LTC already!!!
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Old 06-14-2013, 02:57 PM   #5382
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I thought the price of LTC would rise when more people started moving to it. More exposure, more transactions....higher price?

Damnit Mt.Gox, hurry up and start trading LTC already!!!
Nope, the LTC:BTC trading ratio has fallen and continues to fall, fall, fall. Even worse, difficulty continues to rise. The result is that it's usually about the same profitability to mine LTC as BTC. Of course, it's barely profitable for most people to GPU mine BTC now, so that means it's also barely profitable to mine LTC. And it's just going to keep getting worse as more and more hashing power gets added to BTC and flees BTC to reside in LTC.

Power prices aren't the only cost factor btw, one of my card's rear fan acted up so badly that I need to send it in for warranty repair, plus it keeps depreciating in value every day. I'm going to sell the repaired card ASAP to try to beat rush to dump used video cards.
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Old 06-14-2013, 05:05 PM   #5383
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Nope, the LTC:BTC trading ratio has fallen and continues to fall, fall, fall. Even worse, difficulty continues to rise. The result is that it's usually about the same profitability to mine LTC as BTC. Of course, it's barely profitable for most people to GPU mine BTC now, so that means it's also barely profitable to mine LTC. And it's just going to keep getting worse as more and more hashing power gets added to BTC and flees BTC to reside in LTC.

Power prices aren't the only cost factor btw, one of my card's rear fan acted up so badly that I need to send it in for warranty repair, plus it keeps depreciating in value every day. I'm going to sell the repaired card ASAP to try to beat rush to dump used video cards.
most likely your choice is best. sell now. I am not quite sure what to do. But I have about 3 weeks to decide. I may shut it all down and hold the gear hope for a price spike after the first dump of the gpu cards on ebay.
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Old 06-16-2013, 09:29 PM   #5384
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Yikes. 19,339,258 BTC difficulty. At 9 cents per kwhr my ~$3k in GPUs (6x7970 + 4x7950) is currently netting about $8 per day and that is just because 8 of the GPU's are in the garage. Unless there is a spike in BTC price this week I'll probably shut down my rigs at the end of the week. Getting awfully hot in the garage for such a small profit.
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Old 06-16-2013, 09:36 PM   #5385
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Yikes. 19,339,258 BTC difficulty. At 9 cents per kwhr my ~$3k in GPUs (6x7970 + 4x7950) is currently netting about $8 per day and that is just because 8 of the GPU's are in the garage. Unless there is a spike in BTC price this week I'll probably shut down my rigs at the end of the week. Getting awfully hot in the garage for such a small profit.
yeah it is almost over. I will give it to july 1st then I shut down.
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Old Yesterday, 08:23 AM   #5386
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yeah it is almost over. I will give it to july 1st then I shut down.
Yep, I'll be wrapping it up by the beginning of July too. Probably at the next difficulty increase, which should come right around the end of June.
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Old Yesterday, 08:28 AM   #5387
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Originally Posted by thilanliyan View Post
I thought the price of LTC would rise when more people started moving to it. More exposure, more transactions....higher price?

Damnit Mt.Gox, hurry up and start trading LTC already!!!
Maybe you should look into one of the dozens of new altcoins that are springing up. Odds are one of them will be somewhat popular...
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Old Yesterday, 08:33 AM   #5388
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If AMD can't fix Crossfire, I'll switch again at some point.
its broken?


been doing it since the 48xx series, and the only one I had serious problems with the 4850X2


you guys looking at shutting down.....

if you want to be nice to a fellow AT'er...I could use another 7950 on the cheap

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Old Yesterday, 08:39 AM   #5389
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its broken?


been doing it since the 48xx series, and the only one I had serious problems with the 4850X2


you guys looking at shutting down.....

if you want to be nice to a fellow AT'er...I could use another 7950 on the cheap

TF3 of WF3
I think that he's talking about the microstudder issue everyone has been talking about.
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Old Yesterday, 08:56 AM   #5390
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Ill happily buy his crappy broken amd cards at rock bottom prices, since ya know, they are broken
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Old Yesterday, 09:24 AM   #5391
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Maybe you should look into one of the dozens of new altcoins that are springing up. Odds are one of them will be somewhat popular...
Unless the alt-coin significantly improves on BTC, I doubt it. Clones and near-clones aren't going to go anywhere. Increasing transaction confirmation times is nice but LTC and FTC haven't gone anywhere and every time it becomes more lucrative to mine those, arbitragers hammer their prices down to the point where they are about as profitable to mine as BTC. And difficulty increases as GPU miner refuges try to find something else to mine, adding more downward price pressure.

In the meantime video cards depreciate in value, and can die from fans being overstressed. Probably better to get rid of "excess" cards and if a truly significant challenger emerges, to get new ones then if you really believe in it.
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Old Yesterday, 09:29 AM   #5392
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Unless the alt-coin significantly improves on BTC, I doubt it. Clones and near-clones aren't going to go anywhere. Increasing transaction confirmation times is nice but LTC and FTC haven't gone anywhere and every time it becomes more lucrative to mine those, arbitragers hammer their prices down to the point where they are about as profitable to mine as BTC. And difficulty increases as GPU miner refuges try to find something else to mine, adding more downward price pressure.

In the meantime video cards depreciate in value, and can die from fans being overstressed. Probably better to get rid of "excess" cards and if a truly significant challenger emerges, to get new ones then if you really believe in it.
The problem is that is once a challenger gets established in the market, the mining difficulty goes through the roof.

I did pretty good on Litecoin (for example), because I started mining it when it was trading at 7 cents and I could get 20 of them a day on a mid range AMD card. Unfortunately, I sold early around 50 cents and missed the pop to $5. So, instead of getting a new PC out of the deal, I just got a really nice flashlight. Oh well.

Now I would be lucky if I could mine 2 of them a day on the same card.
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Old Yesterday, 10:42 AM   #5393
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I'm having some troubles getting a new rig working, it's 2x HD6950's on a Asus P67 WS Revo9lution B3 motherboard with a i7 2600K. Using Windows 7 x64. I'm getting invalid nonce - HW error and I've tried the following:

Different drivers for the graphic cards (11.6, 12.8 and the latest)
Different versions of CGminer (3.1.1, 3.2.1, 3.2.1, some of these just crashes before it has a chance to start mining)
Intensitys between 1 and 20
Removed all of the parameters I used with my HD7970's

Any ideas what I can do to get it to work?
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Old Yesterday, 05:18 PM   #5394
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Originally Posted by blastingcap View Post
Nope, the LTC:BTC trading ratio has fallen and continues to fall, fall, fall. Even worse, difficulty continues to rise. The result is that it's usually about the same profitability to mine LTC as BTC. Of course, it's barely profitable for most people to GPU mine BTC now, so that means it's also barely profitable to mine LTC. And it's just going to keep getting worse as more and more hashing power gets added to BTC and flees BTC to reside in LTC.

Power prices aren't the only cost factor btw, one of my card's rear fan acted up so badly that I need to send it in for warranty repair, plus it keeps depreciating in value every day. I'm going to sell the repaired card ASAP to try to beat rush to dump used video cards.
To keep it in perspective though LTC is still a bit more profitable to mine now than it was in January, and it's not much less profitable to mine BTC when compared to November just prior to the block halving last November.
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