#11
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P.S. I know this from persona experience, I got nailed with a $1200 account closing bill when I moved out of a town house I lived in with 2 other people after not having meter readings done for like 2 years because it was in our basement and people weren't home when they came. Go submit a meter reading online..... | |||
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#12
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for tuna: Be less of a gay try hard ur starting to sound like budnik
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Last edited by HalflingSpergand; 03-26-2021 at 03:51 PM..
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#13
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I am literally gonna setup my PC to start mining because of this thread, i got an extra one just chillin here thats like on all the time.
does it suck up a lot more power mining than when it's just idling? im sure.. but how much? Ill at least report back on the 26th of next month to see what my bill/results were! | ||
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#15
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#16
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crypto currencies stopped being profitable for individuals to mine a long time ago, US municipilities bill on kw/hr, they are also considering "peak load" billing, which will not be cheaper. You are not making a return on investment at this stage unless you mine some penny crpyto that shoots up and you sell after. In which case, it would of probably been cheaper to just buy the crypto before it shot up.
__________________
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#17
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In this particular case, someone who cannot even afford a 3060 could literally finance a computer and allow the Ethereum to make the monthly payment on it and still pocket $50/monthly afterwards. You really shouldn't talk about things you know nothing about. Edit: I think you're one of those people who misinterprets people like Vosk when he says that it's cheaper to buy Crypto than it is to mine it. That's only true to in the short term. Someone bought $800 worth of Ethereum, wow that was fast. Someone bought an $800 GPU to mine Ethereum. 3 months later they've only mined $600 worth of Ethereum. Wow, they look so dumb compared to the person who just bought the Crypto. 12 months later they have $2400 worth of Ethereum, which is roughly $1600 worth of Ethereum after you account for the cost of the card. If you're looking to day trade Ethereum, you're probably better off buying some crypto to trade with. But if you're patient and mine crypto, you'll earn significantly more crypto once you hit the break-even point, which for most GPUs, is 8-10 months in the current market (price of GPUs won't stay this high forever, it's not sustainable). You'll never convince me it's not profitable however, because I literally used GPUs I had sitting around for months, barely being used, to literally buy more GPUs. Imagine that. Having a $1200 GPU arrive in the mail that you bought using Crypto you never spent a dime on, other than electricity costs (which are extermely low for non ASIC miners). | |||
Last edited by RecondoJoe; 03-26-2021 at 04:24 PM..
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#18
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You should start a non profit charity that takes donations to buy hardware for mining rigs to reinvest in a video gamer rehabilitation program and organic food preparation course.
U can thank me later after you move to your pleasure palace on the floating cities of venus. | ||
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#19
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If you want to screenshot when you mine past your breakout for equipment cost, I'll gladly run an estimate to run that Power supply 24x7 that duration based on your zipcode to see what that adds to your breakeven.
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#20
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He doesnt pay his electric bill
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