41–50 of 57 posts
I've been mining on my AMD 290x for the past few days - I brought it for gaming, so I don't need to get a return on the hardware, and the heat generated is useful too - it keeps my apartment a little warmer. Looking at a profit of around $8 per day at current difficulty, which is a pretty cheap heating solution!
I'm currently doing this right now with 30 instances. I'm currently operating at about 7 MH/s. At current rates, it's not exactly "profitable", but I'm using up some AWS credit that I have. I don't intend to sell the LTC until it hits about 40 or maybe 50, but in any case, it's still all profit for me, other than the fact that I lose out on the AWS credit for other uses. Edit: I'm also not paying $6/hr... That would…
Everyone is using $100 ec2 credits for coin mining, that's why everyone is overpaying for spot price at the moment
I've been mining on my AMD 290x for the past few days - I brought it for gaming, so I don't need to get a return on the hardware, and the heat generated is useful too - it keeps my apartment a little warmer. Looking at a profit of around $8 per day at current difficulty, which is a pretty cheap heating solution!
I just bought 3 290x cards for this purpose. Right now they pay for themselves in 2 months.
I've been mining on my AMD 290x for the past few days - I brought it for gaming, so I don't need to get a return on the hardware, and the heat generated is useful too - it keeps my apartment a little warmer. Looking at a profit of around $8 per day at current difficulty, which is a pretty cheap heating solution!
I just bought 3 290x cards for this purpose. Right now they pay for themselves in 2 months.
Earlier quoted context omitted.
I just bought 3 290x cards for this purpose. Right now they pay for themselves in 2 months.
Do you mine on linux with cgminer? I'm having terrible reliability issues. I have to restart cgminer every hour or else it crashes. Even with this measure, it crashed yesterday night and I sadly lost mining time :)
What would the discussion be like if the headline was "Briefly profitable HFT FX trading through better code"?
Earlier quoted context omitted.
Do you mine on linux with cgminer? I'm having terrible reliability issues. I have to restart cgminer every hour or else it crashes. Even with this measure, it crashed yesterday night and I sadly lost mining time :)
Why not write a script to get called by cron to check up on things?
I love the double standards on display at HN. In this whole thread, not a single mention of the opportunity cost of smart people wasting resources on things not productive to society or how it is an unfair market because someone is taking advantage of the other participants by being more sophisticated than them. What would the discussion be like if the headline was "Briefly profitable HFT FX trading through better co…
I don't spend 24/7 attempting to make your life better.
Source: Top comment on the blog
>This is apparently what happens when computer scientists spend four weeks sick and have to keep themselves from going stir crazy. +Emin Gün Sirer , I blame you for inspiring this, and I'll buy you a beverage at NSDI with some of the proceeds. Thanks for the fun! And thanks to my online-and-offline friends who put up with me babbling about bitcoin entirely too much recently. I'm done. I think. :-)
I love the double standards on display at HN. In this whole thread, not a single mention of the opportunity cost of smart people wasting resources on things not productive to society or how it is an unfair market because someone is taking advantage of the other participants by being more sophisticated than them. What would the discussion be like if the headline was "Briefly profitable HFT FX trading through better co…
I'd been doing my own research on viability of mining on Amazon, and I posed a question on the AWS forums asking how it's possible the spot prices could be going so high. There's instances going anywhere from 5-20 times their On-Demand prices. At this time, no one's answered it, so if anyone here knows, I'd love to hear why someone would pay $10.00 per hour for an instance they can get On-Demand for $2.40.