crypto mining

[mraw]

Anybody with experience in Crypto-Mining? My hardware capacity utilisation is far from being good. In fact I had done more onsite jobs than remote jobs in the last years. This means that my 3 render nodes(dual e5-2670) and the geforce1070 of my WS are doing nothing most of the time. I am in germany and electricity is quite expensive, so it is probably not the best idea to get ridiculous rich. It's more like a bet. That ethereum and monero will evolve like the bitcoin.
The idea would be: Mining monero on the xeons. And ethereum on 1070.
Any thoughts, insights on this? Greatly appreciated, thank you

[Juraj]

Without opening my spreadsheets I can tell you to forget about it with your current gear.

But there is shortage of (nice full-fat milk) butter in world going on, I suggest to stockpile it, will give you better yields :- ). Butter is the true new bitcoin.

[Jann]

Try it for a month and see what the electricity bill increase vs profit is. Don't expect much though.

[Philip kelly]

On that.......... if your buying a second had Graphics card, how do you know if it;s over clocked and run to death?

Thank you

philip

[ska]

...

[Ondra]

Render Token will yield $477 a day for 7 GPU rig, that seems like a good option for mining https://twitter.com/JulesUrbach/status/908882461307789312

[racoonart]

Render Token will yield $477 a day for 7 GPU rig, that seems like a good option for mining https://twitter.com/JulesUrbach/status/908882461307789312

[mraw]

Guys, thank you all for your comments.
Yes, with my poor hardware you are right saying: Better don't touch it. With the Ethereum charts bouncing high and low- It was roughly 300€ in June, 150 in July and back to 300 in August- using a cost calculator is quite useless. And anyway: It only would be a few bucks/month. But I think bitcoin mining wasn't so much fun back in the days either, right? I'd like to see it as a bet that the other crypto-currencies evolve eventually like bitcoin.
But you're probably right: it's not worth it.
Damn, and I got no big rendering project on the horizon and I love heating through rendering so much in the wintertime :D

[Juraj]

Damn, and I got no big rendering project on the horizon and I love heating through rendering so much in the wintertime :D

My summer was hell for this reason alone :- D And I am glad I don't have any multi-gpu setups under the table. I have no idea what people with those 2k W monsters do, must feel like in Sauna.

[mraw]

Render Token will yield $477 a day for 7 GPU rig, that seems like a good option for mining https://twitter.com/JulesUrbach/status/908882461307789312

just saw this article about the render token on fxguide: https://www.fxguide.com/featured/more-than-a-token-effort-at-rendering-with-blockchain/

[Eddoron]

Invest in Toilet paper and soap.

When the apocalypse comes. Guess what will be worth more than things relying on non-existent electricity.
Hygiene products!