Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: st0nefish on January 18, 2017, 05:44:28 PM



Title: Using GPU cards for mining?
Post by: st0nefish on January 18, 2017, 05:44:28 PM
Is it logical to use GPU cards for mining? ASIC machines are special devices manufactured only for mining. These devices are returning after a while as scrap. But yet high-end GPU cards can still be used, even if they lose the mining feature. The GPU cards can be used on the computer to play games. It's easier to sell GPU cards as second hand.

What are your thoughts about this?


Title: Re: Using GPU cards for mining?
Post by: BitLover001 on January 18, 2017, 08:24:33 PM
GPU cards are still very well used with other crypto mining.
Regarding bitcoin, it is not interesting anymore since long time.

So if you want mine with GPU, simply mine ALT coin.



Title: Re: Using GPU cards for mining?
Post by: samthephysicsguy on January 18, 2017, 08:31:25 PM
Is it logical to use GPU cards for mining? ASIC machines are special devices manufactured only for mining. These devices are returning after a while as scrap. But yet high-end GPU cards can still be used, even if they lose the mining feature. The GPU cards can be used on the computer to play games. It's easier to sell GPU cards as second hand.

What are your thoughts about this?

It wouldn't be feasible to match the hashrate of ASIC miners with even top end GPUs today. Could probably mine ETH.


Title: Re: Using GPU cards for mining?
Post by: philipma1957 on January 18, 2017, 08:35:45 PM
Is it logical to use GPU cards for mining? ASIC machines are special devices manufactured only for mining. These devices are returning after a while as scrap. But yet high-end GPU cards can still be used, even if they lose the mining feature. The GPU cards can be used on the computer to play games. It's easier to sell GPU cards as second hand.

What are your thoughts about this?

My thoughts are GPU mining  is alive and well for Alt coins  .  This forum has a section devoted to alt coins. I also think you started the thread to get your post count up.  You are smart enough to sell your signature you are smart enough to know the answer to your own question.


Title: Re: Using GPU cards for mining?
Post by: QuintLeo on January 18, 2017, 09:51:01 PM
There is no "one true answer" as each coin is different, but there is a simple short guideline.

 Coins that have an ASIC option, GPU mining makes zero sense as a GPU can't compete with specialised hardware and will lose money.

 Coins with NO ASIC available and that are GPU mineable it makes sense where the coin can be mined profitably (or at least at close to break if you are hoping for a big pump at some point).

 Coins with no ASIC and no GPU program available, it's not an option.



Title: Re: Using GPU cards for mining?
Post by: LabaDaba on January 18, 2017, 09:53:54 PM
ETH or Zcash.


Title: Re: Using GPU cards for mining?
Post by: mirny on January 19, 2017, 01:34:42 PM
ETH or Zcash.

Have you read his question, or just throwing random words from your dictionary?


Title: Re: Using GPU cards for mining?
Post by: andrew2k on January 19, 2017, 02:51:16 PM
ETH or Zcash.

Have you read his question, or just throwing random words from your dictionary?

Maybe he's farming the account, about half of his posts are like this. Maybe not and he's just lazy to type the whole sentence.


Title: Re: Using GPU cards for mining?
Post by: LabaDaba on January 19, 2017, 05:21:14 PM
just being lazy :)


Title: Re: Using GPU cards for mining?
Post by: st0nefish on January 20, 2017, 05:18:06 PM
Actually, I want to know exactly how many GPU cards I have to buy for bitcoin mining. Which is the most power GPU cards do you have in the market? For example, instead of buying one ASIC machine, can we buy hundreds of GPU cards and do bitcoin mining?


Title: Re: Using GPU cards for mining?
Post by: basesaw on January 20, 2017, 05:31:39 PM
investing in a high-end gpu is good for gamings, editing, and so on. It can also mine some bitcoins, and alt coins. But the question is how much? is it safe? is it a good investment? maybe if it has a dual purpose like if you are a gamer and you need an extra income, then its a good investment. But if you will just invest a gpu for mining its not okay.

there a specialized machine that works with mining of bitcoin. instead of buying gpu why would you buy specialized machine to do the job. they are maked to mine bitcoins. and it is much safe for that it work with this field. gpu is not specialized for mining. so better use those specialized machine for mining rather than a gpu if you're not a gamer. or an editor.


Title: Re: Using GPU cards for mining?
Post by: mirny on January 20, 2017, 08:29:37 PM
just being lazy :)

World need people like you..


Title: Re: Using GPU cards for mining?
Post by: Emoclaw on January 21, 2017, 03:22:27 AM
GPU mining is profitable with altcoins that don't have ASICs.
Not for Bitcoin however, no. Even if you had free electricity, mining Bitcoin with GPU would be painfully slow.


Title: Re: Using GPU cards for mining?
Post by: st0nefish on January 25, 2017, 11:06:55 PM
Currently ASIC machines on the market have values in TH / s. I do not know the power of GPU cards used for mining. Which is the most powerful GPU card on the market?

How many GPU cards does one Antminer S9 device equal?

https://shop.bitmain.com/specifications.htm?name=antminer_s9_asic_bitcoin_miner


Title: Re: Using GPU cards for mining?
Post by: slejvi on January 26, 2017, 07:53:46 AM
Currently ASIC machines on the market have values in TH / s. I do not know the power of GPU cards used for mining. Which is the most powerful GPU card on the market?

How many GPU cards does one Antminer S9 device equal?

https://shop.bitmain.com/specifications.htm?name=antminer_s9_asic_bitcoin_miner


you have to look this way , 1 TH/s is 10000 H/s  so my gtx 980 ti that has cost 800 eur last year is making around 470 H/s it think 1080 will make litel more , but the point is you need 2 gpus that cost 1600 eur to make  1 GH/s = 1000 H/s the you need 20 gpus for 1 TH/s that will cost you 32k eur +- 2k (if you get discount) and you are still not br there what will you get from antminer , and there is the elect bill 2 gpus take around 300W * 20= 6000W .  that is if you will be farming Zcash whit that speed i dont now how much speed you will get on bitcoin newer testes whit my rig , but i think that it is not far away ;) Gpu you cant compere whit antminers they are made only for that coins (bitcoin), if you get that speed in alt coins that other story then you will be making some money.



Title: Re: Using GPU cards for mining?
Post by: Amph on January 26, 2017, 08:45:21 AM
Currently ASIC machines on the market have values in TH / s. I do not know the power of GPU cards used for mining. Which is the most powerful GPU card on the market?

How many GPU cards does one Antminer S9 device equal?

https://shop.bitmain.com/specifications.htm?name=antminer_s9_asic_bitcoin_miner

a antminer s9 can do only 0.009 btc a day with 1400w of consumption per hour and cost $2k

a gpu mining rig(6x1070) can do 0.011 a day with only 700 watt and cost $2.8k or 0.075 with amd but cost $1.6k


Title: Re: Using GPU cards for mining?
Post by: slejvi on January 26, 2017, 09:46:37 AM
Currently ASIC machines on the market have values in TH / s. I do not know the power of GPU cards used for mining. Which is the most powerful GPU card on the market?

How many GPU cards does one Antminer S9 device equal?

https://shop.bitmain.com/specifications.htm?name=antminer_s9_asic_bitcoin_miner

a antminer s9 can do only 0.009 btc a day with 1400w of consumption per hour and cost $2k

a gpu mining rig(6x1070) can do 0.011 a day with only 700 watt and cost $2.8k or 0.075 with amd but cost $1.6k



ye and what are you mining whit gpus btc or alt coins? 0.011 from what zec , monero , eth?  and what amd cards do that ? 1.6k
cos iam making 0.016 whit 4x 1060 stock


Title: Re: Using GPU cards for mining?
Post by: Amph on January 26, 2017, 10:44:14 AM
Currently ASIC machines on the market have values in TH / s. I do not know the power of GPU cards used for mining. Which is the most powerful GPU card on the market?

How many GPU cards does one Antminer S9 device equal?

https://shop.bitmain.com/specifications.htm?name=antminer_s9_asic_bitcoin_miner

a antminer s9 can do only 0.009 btc a day with 1400w of consumption per hour and cost $2k

a gpu mining rig(6x1070) can do 0.011 a day with only 700 watt and cost $2.8k or 0.075 with amd but cost $1.6k



ye and what are you mining whit gpus btc or alt coins? 0.011 from what zec , monero , eth?  and what amd cards do that ? 1.6k
cos iam making 0.016 whit 4x 1060 stock

you can't make 0.016 a day with just 4 x 1060, there is no coin paying that much, you are math is probably wrong

yes it was zec for nvidia, monero and eth for amd


Title: Re: Using GPU cards for mining?
Post by: slejvi on January 26, 2017, 12:24:16 PM
Currently ASIC machines on the market have values in TH / s. I do not know the power of GPU cards used for mining. Which is the most powerful GPU card on the market?

How many GPU cards does one Antminer S9 device equal?

https://shop.bitmain.com/specifications.htm?name=antminer_s9_asic_bitcoin_miner

a antminer s9 can do only 0.009 btc a day with 1400w of consumption per hour and cost $2k

a gpu mining rig(6x1070) can do 0.011 a day with only 700 watt and cost $2.8k or 0.075 with amd but cost $1.6k



ye and what are you mining whit gpus btc or alt coins? 0.011 from what zec , monero , eth?  and what amd cards do that ? 1.6k
cos iam making 0.016 whit 4x 1060 stock



you can't make 0.016 a day with just 4 x 1060, there is no coin paying that much, you are math is probably wrong

yes it was zec for nvidia, monero and eth for amd

4x1060  1x980 ti


Title: Re: Using GPU cards for mining?
Post by: Burmik123 on January 26, 2017, 12:36:34 PM
Is it logical to use GPU cards for mining? ASIC machines are special devices manufactured only for mining. These devices are returning after a while as scrap. But yet high-end GPU cards can still be used, even if they lose the mining feature. The GPU cards can be used on the computer to play games. It's easier to sell GPU cards as second hand.

What are your thoughts about this?
gpu mining is more flexible, than asic mining. u can mine those alt, which is more profitable right now, also u can sell gpu to gamers. As for me i will make my own gpu farm, not asic.


Title: Re: Using GPU cards for mining?
Post by: bkelley0804 on January 26, 2017, 01:06:53 PM
There is no "one true answer" as each coin is different, but there is a simple short guideline.

 Coins that have an ASIC option, GPU mining makes zero sense as a GPU can't compete with specialised hardware and will lose money.

 Coins with NO ASIC available and that are GPU mineable it makes sense where the coin can be mined profitably (or at least at close to break if you are hoping for a big pump at some point).

 Coins with no ASIC and no GPU program available, it's not an option.



100% agreed. OP needs to pick a crypto to mine 1st and then base decisions on hardware 2nd. being a monero miner, i'm running Wolf AMD OpenCL miner using 3 AMD GPUs (dual core R9 390 and a RX480) and my CPU.

[08:08:04] Thread 8, (CPU): 51.26H/s
[08:08:04] Thread 6, (CPU): 46.61H/s
[08:08:04] Thread 9, (CPU): 86.76H/s
[08:08:04] Thread 7, (CPU): 47.28H/s
[08:08:04] Thread 3, (CPU): 47.69H/s
[08:08:04] Thread 5, (CPU): 43.80H/s
[08:08:04] Thread 4, (CPU): 46.88H/s
[08:08:04] Thread 1, GPU ID 1, GPU Type: Hawaii: 726.04H/s
[08:08:05] Thread 2, GPU ID 2, GPU Type: Hawaii: 726.55H/s
[08:08:05] Thread 0, GPU ID 0, GPU Type: Ellesmere: 637.03H/s


Title: Re: Using GPU cards for mining?
Post by: Amph on January 26, 2017, 01:21:29 PM
Currently ASIC machines on the market have values in TH / s. I do not know the power of GPU cards used for mining. Which is the most powerful GPU card on the market?

How many GPU cards does one Antminer S9 device equal?

https://shop.bitmain.com/specifications.htm?name=antminer_s9_asic_bitcoin_miner

a antminer s9 can do only 0.009 btc a day with 1400w of consumption per hour and cost $2k

a gpu mining rig(6x1070) can do 0.011 a day with only 700 watt and cost $2.8k or 0.075 with amd but cost $1.6k



ye and what are you mining whit gpus btc or alt coins? 0.011 from what zec , monero , eth?  and what amd cards do that ? 1.6k
cos iam making 0.016 whit 4x 1060 stock



you can't make 0.016 a day with just 4 x 1060, there is no coin paying that much, you are math is probably wrong

yes it was zec for nvidia, monero and eth for amd

4x1060  1x980 ti

still impossible, what coin you are mining? only pascal coin can give that right now, but you need luck...


Title: Re: Using GPU cards for mining?
Post by: Tasty Potato on January 26, 2017, 09:43:12 PM
Is it logical to use GPU cards for mining? ASIC machines are special devices manufactured only for mining. These devices are returning after a while as scrap. But yet high-end GPU cards can still be used, even if they lose the mining feature. The GPU cards can be used on the computer to play games. It's easier to sell GPU cards as second hand.

What are your thoughts about this?

As far as I am aware of ASIC is useful only for BTC mining, it has no or little resell value. GPU cards can be sold 2/3 of their value after a 100% ROI on them or on the whole systems used. So, I stick to GPU mining.
Plus BTC mining diffuculty only grows. GPU cards make mining easier because I can choose any coin or even dual mine them. I find Nvidia cards cooler and more quiet, but somewhat 1.5 times expensive. With Radeon I might suggest to look at the most heavy cards because they tend to have better cooling system (more metal used).

Plus, of course, I can play games or do some work with same old PC -.-


Title: Re: Using GPU cards for mining?
Post by: LabaDaba on January 26, 2017, 10:14:14 PM
Scrypt ASIC are also profitable and espeically if you wanna dig deeper than Litecoin.