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Title: Is gpu mining dead? Post by: amd1361 on December 20, 2016, 10:59:50 PM hi
as the difficulty of ethereum is rising day by day which means less profit, do you think that by the end of that gpu mining will be dead or there will be some hope to mine some new coins in the near future i need your help cause i am planing to invest in gpu mining thanks Title: Re: Is gpu mining dead? Post by: philipma1957 on December 20, 2016, 11:03:10 PM hi as the difficulty of ethereum is rising day by day which means less profit, do you think that by the end of that gpu mining will be dead or there will be some hope to mine some new coins in the near future i need your help cause i am planing to invest in gpu mining thanks The question you need to answer is what is your power cost? If you are 10 cents a kwatt you may be able to earn some money. Title: Re: Is gpu mining dead? Post by: BitMaxz on December 20, 2016, 11:04:45 PM I think ethereum mining still profitable that is why the difficulty is increasing more people are mining ethereum.
But you can try to find a good PoW algo or sha256 that you can mine that i think they are still profit try to mine monero.. or dogecoin.. Those are well known altcoin that i think it can rise up again soon into profitable.... Title: Re: Is gpu mining dead? Post by: fmz89 on December 21, 2016, 02:33:13 PM hi well when you asking like this, and yu invest yur money on gpu, it will be dead on yur side, true miner, wont asking something like this, better yu invest to another thingas the difficulty of ethereum is rising day by day which means less profit, do you think that by the end of that gpu mining will be dead or there will be some hope to mine some new coins in the near future i need your help cause i am planing to invest in gpu mining thanks and eth will switch to pos(end of mining) around 6-8 next month Title: Re: Is gpu mining dead? Post by: eckmar on December 21, 2016, 03:16:16 PM hi well when you asking like this, and yu invest yur money on gpu, it will be dead on yur side, true miner, wont asking something like this, better yu invest to another thingas the difficulty of ethereum is rising day by day which means less profit, do you think that by the end of that gpu mining will be dead or there will be some hope to mine some new coins in the near future i need your help cause i am planing to invest in gpu mining thanks and eth will switch to pos(end of mining) around 6-8 next month That won't be the end of gpu mining. Coins like monero can take a load when miners transfer. Maybe other coins will appear that will take ethereum's place Title: Re: Is gpu mining dead? Post by: Atmelin on December 21, 2016, 03:43:31 PM hi as the difficulty of ethereum is rising day by day which means less profit, do you think that by the end of that gpu mining will be dead or there will be some hope to mine some new coins in the near future i need your help cause i am planing to invest in gpu mining thanks The question you need to answer is what is your power cost? If you are 10 cents a kwatt you may be able to earn some money. For the people in Western Europe, it is dead. Title: Re: Is gpu mining dead? Post by: AltcoinScamfinder on December 21, 2016, 04:15:40 PM Yes it's dead. Please sell your GPUs now 😎
Title: Re: Is gpu mining dead? Post by: chrys on December 21, 2016, 04:26:28 PM I will say only this
Look at ethereum 1 year ago. Is the best time for mining Zcash. Not the best time to sell what you mined. Title: Re: Is gpu mining dead? Post by: digitalgrow on December 21, 2016, 08:41:53 PM ive been mining on and off for the last few years
the thing with gpu mining sometimes you got to take the bad with the good the key is patience just when your thinking gpu mining is dead something else comes around the corner Title: Re: Is gpu mining dead? Post by: Raja_MBZ on December 21, 2016, 09:23:12 PM ive been mining on and off for the last few years the thing with gpu mining sometimes you got to take the bad with the good the key is patience just when your thinking gpu mining is dead something else comes around the corner +1... That's the reason why I don't sell off my GPU's and continue to buy more when I can. See, if you were wise enough, you could have made some nice earnings with 6 cards rig of RX 480's when ZEC was released. Who knows, maybe some similar situation with some new coin comes tomorrow. BTW, it's still profitable if you're living at a place where electricity costs less than 15 cents per unit. I'm currently mining with electricity cost of around 14 cents, and I feel that it's very profitable as I'm getting coins + heat, which is a must in winters. I value that heat like of 9 cents worth. Title: Re: Is gpu mining dead? Post by: usorin on December 22, 2016, 01:21:52 AM ive been mining on and off for the last few years the thing with gpu mining sometimes you got to take the bad with the good the key is patience just when your thinking gpu mining is dead something else comes around the corner +1... That's the reason why I don't sell off my GPU's and continue to buy more when I can. See, if you were wise enough, you could have made some nice earnings with 6 cards rig of RX 480's when ZEC was released. Who knows, maybe some similar situation with some new coin comes tomorrow. BTW, it's still profitable if you're living at a place where electricity costs less than 15 cents per unit. I'm currently mining with electricity cost of around 14 cents, and I feel that it's very profitable as I'm getting coins + heat, which is a must in winters. I value that heat like of 9 cents worth. Title: Re: Is gpu mining dead? Post by: Marvell1 on December 22, 2016, 07:12:17 AM ive been mining on and off for the last few years the thing with gpu mining sometimes you got to take the bad with the good the key is patience just when your thinking gpu mining is dead something else comes around the corner +1... That's the reason why I don't sell off my GPU's and continue to buy more when I can. See, if you were wise enough, you could have made some nice earnings with 6 cards rig of RX 480's when ZEC was released. Who knows, maybe some similar situation with some new coin comes tomorrow. BTW, it's still profitable if you're living at a place where electricity costs less than 15 cents per unit. I'm currently mining with electricity cost of around 14 cents, and I feel that it's very profitable as I'm getting coins + heat, which is a must in winters. I value that heat like of 9 cents worth. you have to find ways to deal with all that generated heat too, winter mining is easy its spring and summer mining that separates the men from the boys so to speak Title: Re: Is gpu mining dead? Post by: mettalmag on December 22, 2016, 08:18:32 AM gpu mining isn't dead when you pay 5cents per kwh
btw will someone be interested in ready environment (with air vents, conditioning and security) with 5cents per kwh and a rental fee ? Title: Re: Is gpu mining dead? Post by: HardSign on December 22, 2016, 08:32:22 AM For the people in Western Europe, it is dead. Welcome to Ukraine = we have many _legal_ ways to minimize electricity costs. I pay fix $10\month for ~10Kw\h line - mining will stay profitable even zcash ot eth costs 0.00001 btc Title: Re: Is gpu mining dead? Post by: mettalmag on December 22, 2016, 08:37:04 AM For the people in Western Europe, it is dead. Welcome to Ukraine = we have many _legal_ ways to minimize electricity costs. I pay fix $10\month for ~10Kw\h line - mining will stay profitable even zcash ot eth costs 0.00001 btc That is a fixed price for electricity or you still pay per kwh ? Title: Re: Is gpu mining dead? Post by: Redrose on December 22, 2016, 08:37:26 AM No it isn't. All will depends of your power cost. Someone paying 0,18$+/KWh won't be much profitable, so he will probably stop, but for people getting the kilowatthour at 0,05$ will be very profitable, even for now.
Title: Re: Is gpu mining dead? Post by: HardSign on December 22, 2016, 08:46:50 AM Hello neighbor :) That is a fixed price for electricity or you still pay per kwh ? Hello:) I still pay only $10\month for unlimited 50A line (~10Kw). I dont have an electric meter, so I can't pay +per kwh:) Title: Re: Is gpu mining dead? Post by: mettalmag on December 22, 2016, 08:55:34 AM Hello neighbor :) That is a fixed price for electricity or you still pay per kwh ? Hello:) I still pay only $10\month for unlimited 50A line (~10Kw). I dont have an electric meter, so I can't pay +per kwh:) Title: Re: Is gpu mining dead? Post by: Yasman on December 22, 2016, 09:11:53 AM Hello neighbor :) That is a fixed price for electricity or you still pay per kwh ? Hello:) I still pay only $10\month for unlimited 50A line (~10Kw). I dont have an electric meter, so I can't pay +per kwh:) He said the limit is 10kW. Title: Re: Is gpu mining dead? Post by: HardSign on December 22, 2016, 10:00:34 AM He said the limit is 10kW. line capacity is 10Kw. No limit at all, the limit is wire diameter. Title: Re: Is gpu mining dead? Post by: mettalmag on December 22, 2016, 10:02:24 AM He said the limit is 10kW. line capacity is 10Kw. No limit at all, the limit is wire diameter. that sound great |