MSI R9 280X Gaming 3G, Radeon R9 280X LOCKED VOLTAGE ...

Is Dogecoin mining profitable? No.

I love Dogecoin, and I love the dogecoin community. So I thought I'd take a moment to look at whether it's worth buying mining hardware to get Dogecoin, or just buying Dogecoin itself.
I had another redditor give me some figures to go off of, so I ran the numbers on Coinwarz and this is what I got:
A 280x costs $440 right now on Amazon.
I'm going to assume for the purposes of this calculation that no other hardware would be required other than the card. If someone else can give me an estimate for the accessories, please do.
We're getting 700 KH/s with power consumption of 260W, and electricity prices of $0.10 per KW/hour (the US average right now).
I'm using the coinwarz calculator to determine revenue (I set the equipment cost to $0):
Where people get tripped up is that they don't account for the difficulty increase. So what I've done is look at the Dogecoin and Bitcoin difficulty increase over the past month, and done a week by week look at the returns, assuming the same weekly difficulty increase as each currency had.
Dogecoin's difficulty went from 472 to 1385. That's a 193% increase in a month. Bitcoin's difficulty went from 1180-2193, an 85% increase.
Assuming a 193% increase, the difficulty will rise to 4058 by the end of the month.
To calculate the difficulty for a week, we use the average difficulty between the beginning and end of the week. The difficulty goes up 664 a week, so we take half of that and that's where we start the first week: (since the week starts at 1385 and ends at 2049, we add a half week's increase to get the average of 1717.
Week one - 1717 Difficulty: $55 Week two - 2381 Difficulty: $39 Week three - 3045 Difficulty: $29
Now i'm being generous because the reward halves in 18 days, but i'm pretending it lasts 3 weeks.
Week four - 3709 Difficulty: $10
Added together, you make $133 your first month. At the end of month difficulty (4058) You'd make $8.27 per week, or 38 weeks (or 9.5 months) to break even. And that's assuming the difficulty stays the same after one month.
Now, running the numbers assuming the 85% increase that bitcoin experienced:
week 1 - 1532: $62.60 Week 2 - 1826: $51.82 Week 3 - 2120: $44.02 the mining reward drops by 50%: Week 4 - 2561: $16.88 = $175.32
Assuming the same difficulty as the end of week four (2562) in perpetuity, it would take you 17 Weeks (4.3 months) to make back your initial investment. And that's assuming the difficulty stays the same, which it won't.
And if you're going to assert that "well, that's based on the fact that the price will stay the same, but part of the reason you mine is cause the price might go up!"
Yes, the price might go up, but you'd make the same amount of money buying $450 Dogecoins. The question is not "are Dogecoins a good investment?" It's "is mining Dogecoins a better investment than just buying them?"
TLDR; buying new hardware to mine Dogecoins is a bad investment when you take into account the rise in Difficulty.
submitted by harddata to dogecoin [link] [comments]

MSI R9 280X Gaming 3G Twin Frozr Overview and Benchmarks R9 280X installation - YouTube R9 280X Vs. GTX 1050 Ti  New Games Benchmarks - YouTube AMD R9 280x FPS Test  Battlefield 1, GTA 5, DayZ & More ... MSI R9 280X Twin Frozr Gaming Edition Video Card Review ...

Take a look at my other mining products for sale - will gladly give discounts for volume purchases.Amd ati r9 270, r9 280x, rx 460, r9 270x barrie 10122019.Gently used graphics cards, clean and new thermal paste on the heat sink.3 x 2gb, 1 x 3gb, 1x 4gb cards 500 or best offer.Can be used as a gaming machine if you dont intend on. Read More For the most part, the MSI R9 280X Gaming 3g is able to that in all the games we tested except for Crysis 3. Single card performance with the quality settings cranked up is going run over the $350.00 mark. CrossFire performance was good and scaled well in most games, but again the CrossFire setup is pushing the bill to over $600.00 and approaches the GTX 780 price level. Official AMD R9 280X / 280/ 270X/270 Owners ClubA Gamers GPULINK TO R7... › Forums › Graphics Cards › AMD/ATI › [Official] AMD R9 280X / 280 & 270X / 270 Owners Club. Recent Images In This Thread With a starting price of just $229 or so, the MSI Radeon R9 280 Gaming graphics cards has some interesting competition as well. From the AMD side it butts heads with the R9 280X and the R9 270X.

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MSI R9 280X Gaming 3G Twin Frozr Overview and Benchmarks

Squarespace: - Code: TOT10 MSI R9 280X Twin Frozr Gaming Edition Video Card Review Full MSI R9 280X Review: Asus R9 280X - FurMark Test - 10 Minutes 1080p So if you are looking for a budget graphics card, AMD's Radeon R9 series is worth having a look at if you don't mind the higher power consumption, heat and n... MSI (AMD) R9 280X Twin Frozr Gaming Edition Unboxing! Subscribe for the review & benchmarks! Coming soon! R9 280X Pricing & Availability: R9 280X Vs. GTX 1050 Ti New Games Benchmarks In this Video I'll Show You Gaming Benchmarks of amd R9 280X and Nvidia Geforce GTX 1050 Ti (Both Paired with ...