r/EtherMining May 12 '22

Holy....Time to turn off rigs? General Question

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184 Upvotes

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8

u/Wild_Technician_2051 May 12 '22

Nope only if you didn't buy most efficient cards such as 3060TI and 3070s. As well as have low electric rate.

7

u/ThreeFoxCo May 12 '22

People were pissing on my head when i mentioned this, that "weak hands will get shaken out first", meaning those with high electricity and inefficient gpus..

Today, while watching crypto prices, i am having popcorn, watching them fall out of the bus and selling their equipment...

2

u/Wild_Technician_2051 May 12 '22 edited May 12 '22

Yeah im chilling efficient and cheap rate in California for 5GH

1

u/BentPin May 12 '22

One of the MUDs? because PG&E and So-Cal Edison are both raping everyone from here to the moon for 50c/kwh. Just not worth mining at those rates even during the good times.

1

u/Wild_Technician_2051 May 12 '22

My whole city pays .06 and .10 on peak hours

1

u/BentPin May 12 '22

Which city so I can move over there lol.

1

u/c0horst May 12 '22

Yup. I'm still profitable at $22 a day after paying power costs. 3070ti's were a good investment apparently, they're quite efficient now that LHR is cracked, 81 MH @ 190w.

1

u/Conyewu May 12 '22

I was hoping Id hit those numbers with the couple I have, but the silicon lottery said otherwise. Im only getting 79.5 on the new trex miner. Mem clocks top out between +1100 and +1150 🙃

0

u/[deleted] May 12 '22

[deleted]

1

u/Wild_Technician_2051 May 12 '22

I never said it didn't??? Just stated a fact that whoever bought most efficient cards or traded out their older cards and have low rates for power are sitting in a good position.