[QUOTE=garychencool;52846690]I blame cryptocurrency mining for inflating the prices.[/QUOTE]
One of my coworkers has 20 1080s split up across 3-4 mining rigs. He's nuts.
[QUOTE=Protocol7;52847740]One of my coworkers has 20 1080s split up across 3-4 mining rigs. He's nuts.[/QUOTE]
I thought 1080s were crap for mining?
[QUOTE=Protocol7;52847740]One of my coworkers has 20 1080s split up across 3-4 mining rigs. He's nuts.[/QUOTE]
Cryptocurrency is a clear mistake. What a waste of hardware, not even being used to help people, instead to just grind numbers for a virtual hash which is only "worth" something because others think its worth something.
Honestly wish these miners would be forced to contribute to folding@home or something similar when they're doing coin mining.
[QUOTE=Lyokanthrope;52847749]I thought 1080s were crap for mining?[/QUOTE]
For Bitcoin yeah, but Vertcoin or anything else that's ASIC resistant, they're good.
[QUOTE=Protocol7;52847754]For Bitcoin yeah, but Vertcoin or anything else that's ASIC resistant, they're good.[/QUOTE]
Maybe I was just confusing price/performance with actual mining perf, I just remember reading something about ETH mining a while back where 1080s were deemed as a poor choice for mining rigs
[QUOTE=Protocol7;52847740]One of my coworkers has 20 1080s split up across 3-4 mining rigs. He's nuts.[/QUOTE]
my friends have a huge ass mining rig in their basement, along with a few rigs scattered in their rooms
can't remember how many cards there are, but it's a lot iirc
[t]https://i.imgur.com/UAlrZ46.jpg[/t]
it's insane
[QUOTE=Lyokanthrope;52847759]Maybe I was just confusing price/performance with actual mining perf, I just remember reading something about ETH mining a while back where 1080s were deemed as a poor choice for mining rigs[/QUOTE]
Very, their hash rate is terrible for it.
You're looking around 20 Mh/s for Ethereum which is a massive waste of hardware.
For a card that is an entire generation behind, is less than half the price, a single RX 480 has a higher hashrate than a single GTX 1080 sitting at around 5~20Mh/s more depending on model.
Still a mistake mining any of this shit.
[QUOTE=Lyokanthrope;52847759]Maybe I was just confusing price/performance with actual mining perf, I just remember reading something about ETH mining a while back where 1080s were deemed as a poor choice for mining rigs[/QUOTE]
I don't think he bought them for mining, this dude spends so much money on tech. I think I might have spoken about him earlier, he has like 3 Vives, both Oculus dev kits, 2 consumer Rifts, 2 PSVRs...
Mining is still pretty dumb though and I really don't think people are making that much money off of it, especially when they dump like $1500 into GPUs upfront. I mostly do day trading and investments in crypto and have probably made at least as much if not more money than most miners.
Mining as a whole is such a disgusting waste of energy
[QUOTE=Protocol7;52847777]I don't think he bought them for mining, this dude spends so much money on tech. I think I might have spoken about him earlier, he has like 3 Vives, both Oculus dev kits, 2 consumer Rifts, 2 PSVRs...
Mining is still pretty dumb though and I really don't think people are making that much money off of it, especially when they dump like $1500 into GPUs upfront. I mostly do day trading and investments in crypto and have probably made at least as much if not more money than most miners.[/QUOTE]
Christ, and I thought I was addicted to tech, having a smattering of smartphones and a few laptops lying around.
[QUOTE=Brt5470;52847796]Mining as a whole is such a disgusting waste of energy[/QUOTE]
Mine Coal to mine bitcoins
[QUOTE=Brt5470;52847796]Mining as a whole is such a disgusting waste of energy[/QUOTE]
It is not a waste when you are in need of a space heater.
I'd happily run a mining rig in my apartment for some times when it means I can get a bit warmer than 19C.
[QUOTE=tratzzz;52847920]It is not a waste when you are in need of a space heater.
I'd happily run a mining rig in my apartment for some times when it means I can get a bit warmer than 19C.[/QUOTE]
I mean sure, if you're used to running electric heaters then that's a valid excuse.
Even myself I'd want to move up north to have my server heat my room. Since I've paid to cool my room nonstop.
[IMG]https://i.imgur.com/AL64ttP.png[/IMG]
That slogan.
That "actual size" on a PDF being viewed on a computer screen, and would probably be molested by scaling if you tried to print it.
I'm so done right now.
[editline]2nd November 2017[/editline]
[url]https://www.reddit.com/r/sysadmin/comments/7abuub/out_of_4000_hp_11_g4_chromebooks_i_had_4_catch/[/url]
You know a company is serious about outsourcing when they outsource QA to their customers.
[QUOTE=Reagy;52847752]Cryptocurrency is a clear mistake. What a waste of hardware, not even being used to help people, instead to just grind numbers for a virtual hash [b]which is only "worth" something because others think its worth something.[/b]
Honestly wish these miners would be forced to contribute to folding@home or something similar when they're doing coin mining.[/QUOTE]
I mean, when you boil it down, all currency is like that, the USD is only worth what it's worth because a very large number of people agree on its value. Same generic concept with cryptocurrency. Enough people agree it's worth something, so it's worth something.
[QUOTE=WastedJamacan;52848404]I mean, when you boil it down, all currency is like that, the USD is only worth what it's worth because a very large number of people agree on its value. Same generic concept with cryptocurrency. Enough people agree it's worth something, so it's worth something.[/QUOTE]
True, currency used to all be backed by material, now its just agreements and bonds everywhere. Gold doesn't mean jackshit anymore.
Still think its utterly stupid though, people see this stuff is worth something and jump on the bandwagon because mining is "making money out of thin air" to them.
[QUOTE=Reagy;52847752]Cryptocurrency is a clear mistake. What a waste of hardware, not even being used to help people, instead to just grind numbers for a virtual hash which is only "worth" something because others think its worth something.
Honestly wish these miners would be forced to contribute to folding@home or something similar when they're doing coin mining.[/QUOTE]
That's what Ethereum is for. Instead of hashing random numbers, each mining block is called a "smart contract", and runs code that performs useful functions towards some p2p applications instead.
[QUOTE=Reagy;52848411]Gold doesn't mean jackshit anymore.[/QUOTE]
lol no. Gold has had a long history of having a ton of intrinsic values, and it still does today. The price of gold has been fluctuating a lot lately, but that's far from calling it meaningless.
[QUOTE=B!N4RY;52848426]That's what Ethereum is for. Instead of hashing random numbers, each mining block is called a "smart contract", and runs code that performs useful functions towards some p2p applications instead.
lol no. Gold has had a long history of having a ton of intrinsic values, and it still does today. The price of gold has been fluctuating a lot lately, but that's far from calling it meaningless.[/QUOTE]
I think he meant that gold is worthless as it relates to being a currency. Yeah you can exchange gold for money and vice versa just like any other commodity, but its not what the world revolves around anymore.
[QUOTE=Reagy;52847752]Cryptocurrency is a clear mistake. What a waste of hardware, not even being used to help people, instead to just grind numbers for a virtual hash which is only "worth" something because others think its worth something.
Honestly wish these miners would be forced to contribute to folding@home or something similar when they're doing coin mining.[/QUOTE]
I have a dual Xeon L5640 equipped Dell R610 and R710 behind me going ballistic on BOINC calcs atm.
Anyone have usb c dongle linux experience?
I really want the xps 13 with that quad core i7 for work but they are worried about usb c and loonix
[editline]2nd November 2017[/editline]
It also has 2 usb 3.1 type As so dongels for these would work too
We really just need 2 hdmi/dp, gbit ethernet and then 3 usb As for mouse/keyboard and usb stick
[QUOTE=Reagy;52847752]Cryptocurrency is a clear mistake. What a waste of hardware, not even being used to help people, instead to just grind numbers for a virtual hash which is only "worth" something because others think its worth something.
Honestly wish these miners would be forced to contribute to folding@home or something similar when they're doing coin mining.[/QUOTE]
[url=https://curecoin.net/]That's a thing[/url] and it's [url=https://folding.extremeoverclocking.com/team_list.php?s=]doing most of the work[/url] in F@H right now (in points, not WUs; I don't know how F@H works well enough to say how [I]useful[/I] they actually are).
[QUOTE=Brt5470;52847796]Mining as a whole is such a disgusting waste of energy[/QUOTE]
You have to remember it's not just "Run Miner -> Get Coin", the miners are literally what allows the blockchain to function
It's like saying the mainframes handling banking transactions are a waste of energy
[QUOTE=TrafficMan;52848833]You have to remember it's not just "Run Miner -> Get Coin", the miners are literally what allows the blockchain to function
It's like saying the mainframes handling banking transactions are a waste of energy[/QUOTE]
The mainframes handling banking transactions don't need to bruteforce random hash collisions 24/7 on top of it, consuming as much energy as a small country.
[QUOTE=Reagy;52848411]True, currency used to all be backed by material, now its just agreements and bonds everywhere. Gold doesn't mean jackshit anymore.
Still think its utterly stupid though, people see this stuff is worth something and jump on the bandwagon because mining is "making money out of thin air" to them.[/QUOTE]
When you mine bitcoins you're also creating a global transaction/financial network in the process and contributing to the reliability and stability of the currency.
Even at current hashrates, the thousands of governments, banks and financial institutions that make it possible for me to do international banking are pretty competitive in terms of wastefulness.
It's all just capitalism
It's all just memes.
There are pretty good reasons why Ethereum is moving to POS in the future.
Mainly the wasted electricity.
[QUOTE=DrTaxi;52848882]The mainframes handling banking transactions don't need to bruteforce random hash collisions 24/7 on top of it, consuming as much energy as a small country.[/QUOTE]
They do need unique key pairs for digital transactions generated from RNG's (often highly efficient ASIC's)
Granted that's far more efficient that *coin mining, but that's how it operates.
Donate computing power to secure transactions, get paid *coins in return.
my company announced their new 4K60 capture card. I hope to get mine soon to play with. Can hook it up to my GH5 for a 4k60 webcam :O
[QUOTE=Levelog;52846600]Well a recycled optiplex, a scavenged CX 500, and a purchased 1050ti later my roommate now has a workable gaming pc[/QUOTE]
4th roommate just ordered parts to turn another haswell optiplex into a midgrade gaming rig. The room with all our desks is getting a bit crowded.
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