Want to start mining cryptocurrency or beef up your existing rig? You don't want to miss this!
What's good Team Australia?
I'll tell you what's good ... 15% off everything on eBay Australia for the next two days!
There are a few exclusions (eg. no bullion), but this means you can get a single NVIDIA GTX 1070 for only 610 AUD!
(ebay.com.au)
You have to pay with Paypal and enter CRACKER down below before you finish checkout.
The seller combines postage so I picked up two for $603.09 each, saving $225. The max discount is 300 AUD, so if you bought 3 they'd come in at $605.69.
These babies are renowned for big hashes and low power consumption so they are perfect for mining downunder - AMD cards really aren't worth it with our ridiculous power costs.
Estimated Return on Investment (Nicehash) is 150 days, for the full priced card (after factoring in electricity). Picking up two at this price, I've knocked nearly a month of that, bringing ROI down to 127 days.
These babies will pay for themselves in a little over 4 months and hold a lot of their value anyway ...
What a CRACKER!
hi...nice info
mining crypto seems quite complex...is it not better for novice like me to just invest in btc than mining...
your thoughts in this...thanks and nice info
Hi mate, all depends what you're after I guess. I buy and trade ETH and BTC, but I also want to get into mining.
There's no guarantees with trading and investing - bitcoin may appreciate 100% in the next 8 months - but these cards are almost certain to return 200% in the same time period. 24 of these graphics cards will net you a full time income of around 3200 AUD a month, it's extremely doubtful you'd yield that with a similar size investment in bitcoin.
Diversified portfolios/income streams are always a good idea. Mining is definitely wonky, but well worth learning about and having a look at too.
If your just getting started here is some Free Cloud mining Site.
https://vixice.com/?ref=DoG947 free 100Gh/s
https://fleex.cc/ref/tzarzen free 100Gh/s
http://cryptostar.pro/?ref=tzarzen free 20Gh/s
There a good starting point and its free...!
I have over 15 free Gh/s sits if your interested in any more or strategy to increase you mining power just pm me.
Ill have an in depth post coming out in the next day or so
Happy Mining.
Free gigahashes? That sounds too good to be true!
Can you please explain what the story is with the first site? Apparently you can mine GH/s and USD??? Is the USD multi-mining? Also in the faq, it says you are unable to withdraw the 'principal' ... does this mean when you deposit with them, you can't withdraw your initial deposit?
Cloud mining sites have a really bad history ... these guys are giving away 100 GH/s for free and then sell you another 1 GH/s for one US cent ... this really does all seem too good to be true
Their free offers to entice you to buy more gigahash but these ones you can internally generate more Gh/s.
Try it out for yourself!
:p
The site claims to pay out a minimum of 75% a month ... mining just isn't that profitable. This is a ponzi scheme which is why they don't allow you to withdraw your principle.
Please edit your posts and remove this content. Don't pollute this beautiful community with scam spam.
Protip: Posting quality content on Steemit is more profitable than re-selling poxy ponzi pyramid schemes
I didn't mean to offend, iv put no real cash into these sites and don't nor didn't suggest you put money in yourself, just have a look as iv been getting between 1% to 3% back daily on free Gh/s!
You did so i must thank you for that.
Im new to steemit and your Protip will be heeded but i am unable to remove that post at this time but will try to amend your thread!
Cool yeah if you are going to share it, just do it in its own post and make it clear that people shouldn't actually deposit as it is clearly a ponzi scheme.
Early depositors and free users will get paid out from new depositors and later depositors will be left holding the turd when the site disappears.
If you deposited $100 and the site was around for a year, you would make near a million, but I think the chance of the site still being around in 12 months are ZERO.
Youtubers are already calling it a scam and it's already listed on all the HYIP Ponzi review sites.
My plan was to shuffle the free funds out into eobot.com as a free avenue.
Then put my hard cash into Genesis or hashing 24.
When i set up the post i will call on you for some feed back.
and thanks TooGood got me a free 5Gh/s :)
I think nowadays altcoin mining become faded. Since mining is not a good solution for scaling up the altcoin. The altcoin is going to change from POW to POs. And there are more and more ICO with fixed amount of tokens. So the future of mining is not so optimistic...
I disagree, tiny. Of course, ETH is going POS, but that is just one of about 6 or 7 profitable coins these cards can mine atm, and new profitable coins are popping up all the time. Electricity in Australia can cost up to 45c USD / kWh ... yet mining is still extremely profitable. We have some of the most expensive electricity costs in the world - people outside Australia have nothing to worry about re: profitability.
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