520's Scrap Finds - Page 11

Originally Posted by mikeinreco

Will you mine crypto all the way to zero?

My equipment is paid for so I will mine as long as it pays more than the electric. If it becomes unprofitable for a long enough period I will build some gaming systems with my 30 series cards.

Originally Posted by mikeinreco

Sweet not a big crypto guy here just saw the market was crashing hard.....actually might be more profitable at lower prices...

Yeah we get more yield when the market is making big moves up or down.

If it goes much lower some people will stop being profitable. If network difficulty goes down the remaining miners yield more in that case as well.

I sold off my older less efficient GPUs when the market was way up and now im on all 30 series RTX.

Between all newer GPUs and paying under the national average for electric im definitely more profitable than most hobby miners.

I bet if i searched we probably have a crypto thread already. Or maybe i'll start my own and keep this one scrap.

Originally Posted by mikeinreco

Will you mine crypto all the way to zero?

Well I shut off my GPUs after ETH switched to proof of stake(a few months after my last post).

Ran them a bit over the winter to heat my office.

I sold enough crypto at $45k BTC $2.7k ETH to pay for my investment in GPUs (about $30k).

If GPU mining doesn't become profitable by November im taking about 16 GPUs and building gaming systems.

As far as what ive been doing scrap wise...

Never did break down all my PC's.

Sold em for 0.28(no ram no CPU), bought the FTX crash dip and made 40% on my BTC haha.

Actually found a decent local buyer for boards so ive sold my stash and beginning to refill my IBC totes.

Originally Posted by 520

As far as what ive been doing scrap wise...

Never did break down all my PC's.

Sold em for 0.28(no ram no CPU), bought the FTX crash dip and made 40% on my BTC haha.

Actually found a decent local buyer for boards so ive sold my stash and beginning to refill my IBC totes.

How do your see the FTX saga playing out, personally I doubt the case will ever see a trial date, nor will those that lost will ever be made whole.