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Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: VoskCoin on February 26, 2018, 04:14:39 AM



Title: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: VoskCoin on February 26, 2018, 04:14:39 AM
https://youtu.be/tEhpZTtTvY0
https://i.imgur.com/BpVSymkl.png

Is GPU Mining still profitable and if so should YOU Build a Crypto Mining Rig? Or is GPU Mining DEAD?! Today I discuss some of the graphics cards that you can still buy in this GPU shortage and at the current in stock retail prices will you hope to with an Nvidia 1050 TI / 1070 TI /1080 TI etc Mining Rig? Let's find out and see just how much my 26500 sols made in the last 24 hours / week mining ZenCash (Equihash like Zcash)

Interested in building the 1050 TI GPU Mining Rig discussed?
Nvidia 1050 TI (6x)
http://amzn.to/2GMkBBx

Full parts list in the description of the video, VoskCoin is an Amazon Affiliate


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: Turkish88 on February 26, 2018, 05:00:23 AM
Yes its alive, look at RX550 2gb cards


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: ivakar on February 26, 2018, 05:30:37 AM
Yes, it is alive, if build your rig with gtx 1070ti ( which is very balanced with it features, imho) you can get about 3-4 $ per card depend on the coin and difficulity..
So I guess the current ROI time is about 6 month which is rather ok...


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: lunobird on February 27, 2018, 05:20:53 AM
Yes, it is alive, if build your rig with gtx 1070ti ( which is very balanced with it features, imho) you can get about 3-4 $ per card depend on the coin and difficulity..
So I guess the current ROI time is about 6 month which is rather ok...

Not true. Half that amount according to whattomine. Below $1.83 after electric or $2.26 before electric cost for zcash. Plus irs taxes it as income right away and also later if you cash out further gains later. It's about $1 a day per gpu. Not worth baby sitting your rig . Mining is for losers. Best to buy coins especially now while prices are depressed

I mine and what a dumb mistake, I can't even go on vacation. Only good thing is that gpu went up in value. So far that's where the real money is at.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: Marvell2 on February 27, 2018, 08:21:27 AM
Yes, it is alive, if build your rig with gtx 1070ti ( which is very balanced with it features, imho) you can get about 3-4 $ per card depend on the coin and difficulity..
So I guess the current ROI time is about 6 month which is rather ok...

Not true. Half that amount according to whattomine. Below $1.83 after electric or $2.26 before electric cost for zcash. Plus irs taxes it as income right away and also later if you cash out further gains later. It's about $1 a day per gpu. Not worth baby sitting your rig . Mining is for losers. Best to buy coins especially now while prices are depressed

I mine and what a dumb mistake, I can't even go on vacation. Only good thing is that gpu went up in value. So far that's where the real money is at.
lol youre right about the vacation think lol
I mean u can go but only if you have a tool like srr


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: Geraldo on February 27, 2018, 08:47:16 AM
Not true. Half that amount according to whattomine. Below $1.83 after electric or $2.26 before electric cost for zcash. Plus irs taxes it as income right away and also later if you cash out further gains later. It's about $1 a day per gpu. Not worth baby sitting your rig . Mining is for losers. Best to buy coins especially now while prices are depressed

I mine and what a dumb mistake, I can't even go on vacation. Only good thing is that gpu went up in value. So far that's where the real money is at.

In Crypto-Mining Industry, losers refer to a failed miner. Miners that can't improve their mining technical skill and then give up.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: jillscarbrough on February 27, 2018, 09:23:18 AM
Mining is for losers. Best to buy coins especially now while prices are depressed
Lol
you indirectly say that you are a hero, a winner and even you are the smartest person. Would like to give you a merit if your calculations match my calculations. the reality, I'm every 1 month can buying one new GPUs from the profit the mining after electricity cost. maybe I false on calculate.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: skymia on February 27, 2018, 04:39:24 PM
An other option is to donating your GPU computing power (and get MEDIC coins rewards) to support protein folding at home project of Stanford University through MEDIC Coin's folding at home initiative.
https://bitcointalk.org/index.php?topic=2753447.0


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: Fgomes87 on February 28, 2018, 12:06:41 AM
An other option is to donating your GPU computing power (and get MEDIC coins rewards) to support protein folding at home project of Stanford University through MEDIC Coin's folding at home initiative.
https://bitcointalk.org/index.php?topic=2753447.0

Why the hell are you spamming your MEDIC coins all over the forum?

Create your own thread and spam it there???...
That's what normal people would do.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: Ultegra134 on February 28, 2018, 12:22:31 AM
GPU mining is still profitable, however, it's not as profitable as it used to be. I was earning much more daily a month  ago than I am right now.

 Still using Nicehash Legacy as mining software, my calculations have shown that it's more profitable than using Claymore and mining an Equihash related coin.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: philipma1957 on February 28, 2018, 12:25:45 AM
If mining drops 50% I still turn a profit  so I mine on.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: oni4an on March 04, 2018, 10:06:33 PM
If for you this new direction then build a farm on Nvidia cards starting with the GTX 1060, if there is no rx580. Mining will still be profitable for more than one year! And with the growth of cryptocurrency courses you can recoup the soybean investment for a month.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: jpucela14 on March 04, 2018, 10:28:17 PM
https://youtu.be/tEhpZTtTvY0
https://i.imgur.com/BpVSymkl.png

Is GPU Mining still profitable and if so should YOU Build a Crypto Mining Rig? Or is GPU Mining DEAD?! Today I discuss some of the graphics cards that you can still buy in this GPU shortage and at the current in stock retail prices will you hope to with an Nvidia 1050 TI / 1070 TI /1080 TI etc Mining Rig? Let's find out and see just how much my 26500 sols made in the last 24 hours / week mining ZenCash (Equihash like Zcash)

Interested in building the 1050 TI GPU Mining Rig discussed?
Nvidia 1050 TI (6x)
http://amzn.to/2GMkBBx

Full parts list in the description of the video, VoskCoin is an Amazon Affiliate and you support our posts, threads, and videos by using our links!
Depends strongly on what you want to mine. I only mine coins with much upside potential, like AEON or similar.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: CryptoJoel on March 04, 2018, 10:44:31 PM
For profitability, do you guys recommend a software like awesome miner or should I just pick a fairly profitable coin that I like and let my machines go to work?


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: Iannn on March 04, 2018, 10:52:50 PM
It is still profitable probably but depends on what your time frame and goals and stuff are.  If you are in it just for the money it might be better to go do something else.  It is not a sure thing.  But yes GPU's have gone up a lot.  New 1070's are not $400 anymore.  Or 1070ti's $500 and so on.  Right now if you can get your hands on "reasonably" prices GTX 1060's those are probably going to be the best bang for the buck. 

But once you actually get mining if thats what you do who knows.  It is for sure a gamble.  But you could be mining coins now that are 5 cents and they could go up to $10 or whatever.   


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: Digital Drug Lord on March 04, 2018, 11:00:34 PM
gone are the days people were making $15 a day with a card

now, the market is leveled out to a realistic level, but the video card prices have not dropped.

its not worth getting a 1080ti to barley get 2 dollars a day....and it will only get worse, to where you need rigs to make money.

its NOT profitable its a good hobby but dont quit your day job


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: jillscarbrough on March 05, 2018, 02:36:52 AM
gone are the days people were making $15 a day with a card

now, the market is leveled out to a realistic level, but the video card prices have not dropped.

its not worth getting a 1080ti to barley get 2 dollars a day....and it will only get worse, to where you need rigs to make money.

its NOT profitable its a good hobby but dont quit your day job

I Want to know a view of someone (maybe you are miner), are you didn't get any profit from mining? Are you really a miner? Or you just say something that you didn't do? Sorry, no offense. I am a miner and till now still get enough profit every days, weeks, month. May something wrong with your way to mining.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: allcryptominer on March 05, 2018, 03:14:16 AM
gone are the days people were making $15 a day with a card

now, the market is leveled out to a realistic level, but the video card prices have not dropped.

its not worth getting a 1080ti to barley get 2 dollars a day....and it will only get worse, to where you need rigs to make money.

its NOT profitable its a good hobby but dont quit your day job

I Want to know a view of someone (maybe you are miner), are you didn't get any profit from mining? Are you really a miner? Or you just say something that you didn't do? Sorry, no offense. I am a miner and till now still get enough profit every days, weeks, month. May something wrong with your way to mining.

It is still profitable to mine but for some of us who pay 0.25 cent per kilowatt it's not much meat left on the bones after expenses to keep me really motivated as a miner. This can change very fast though in crypto if market goes up. I will continue mining with what I got until my cards stops working but I will not upgrade.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: FFI2013 on March 05, 2018, 03:18:04 AM
Yes, it is alive, if build your rig with gtx 1070ti ( which is very balanced with it features, imho) you can get about 3-4 $ per card depend on the coin and difficulity..
So I guess the current ROI time is about 6 month which is rather ok...

Not true. Half that amount according to whattomine. Below $1.83 after electric or $2.26 before electric cost for zcash. Plus irs taxes it as income right away and also later if you cash out further gains later. It's about $1 a day per gpu. Not worth baby sitting your rig . Mining is for losers. Best to buy coins especially now while prices are depressed

I mine and what a dumb mistake, I can't even go on vacation. Only good thing is that gpu went up in value. So far that's where the real money is at.
I don't know I make money not a lot I'm not a big miner but I only cash out when needed or when the price is up and as far as rigs mine have been running stable for months I have bat files setup to start with my miners and all rigs are set to start if the power goes out than back on which hardly happens I also have remote desktop setup if there's internet where I am I can change shit if I want you have to overclock and under volt just enough when you push it to much than they crash


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: jillscarbrough on March 05, 2018, 04:51:33 AM
It is still profitable to mine but for some of us who pay 0.25 cent per kilowatt it's not much meat left on the bones after expenses to keep me really motivated as a miner. This can change very fast though in crypto if market goes up. I will continue mining with what I got until my cards stops working but I will not upgrade.

Will be more understandable when someone said not profitable to do mining and gave us their reasons. So, one of the reasons someone told that mining didn't become profitable anymore is electricity cost (dependent on which areas). Acceptable!


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: MTS Coin on March 05, 2018, 05:50:15 AM
For profitability, do you guys recommend a software like awesome miner or should I just pick a fairly profitable coin that I like and let my machines go to work?


There are many routes to take such as pool switching, algo switching, or coin switching within an algorithm. I recommend speculative mining and hope you hit it big.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: Druiz287 on March 05, 2018, 05:54:46 AM
Yes, it is alive, if build your rig with gtx 1070ti ( which is very balanced with it features, imho) you can get about 3-4 $ per card depend on the coin and difficulity..
So I guess the current ROI time is about 6 month which is rather ok...

Not true. Half that amount according to whattomine. Below $1.83 after electric or $2.26 before electric cost for zcash. Plus irs taxes it as income right away and also later if you cash out further gains later. It's about $1 a day per gpu. Not worth baby sitting your rig . Mining is for losers. Best to buy coins especially now while prices are depressed

I mine and what a dumb mistake, I can't even go on vacation. Only good thing is that gpu went up in value. So far that's where the real money is at.

Paying taxes = Making profits... Since when is being profitable a bad thing?  Besides, if prices are way down, why not sell the coin, realize the loss for tax purposes, and buy it back?  You'd be in the same exact position, but be much lower with taxes.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: VoskCoin on March 13, 2018, 11:33:25 PM
Yes, it is alive, if build your rig with gtx 1070ti ( which is very balanced with it features, imho) you can get about 3-4 $ per card depend on the coin and difficulity..
So I guess the current ROI time is about 6 month which is rather ok...

Not true. Half that amount according to whattomine. Below $1.83 after electric or $2.26 before electric cost for zcash. Plus irs taxes it as income right away and also later if you cash out further gains later. It's about $1 a day per gpu. Not worth baby sitting your rig . Mining is for losers. Best to buy coins especially now while prices are depressed

I mine and what a dumb mistake, I can't even go on vacation. Only good thing is that gpu went up in value. So far that's where the real money is at.
lol youre right about the vacation think lol
I mean u can go but only if you have a tool like srr
They told me more miners = more vacations xD


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: gotminer on March 14, 2018, 12:51:01 AM
Yes, it is alive, if build your rig with gtx 1070ti ( which is very balanced with it features, imho) you can get about 3-4 $ per card depend on the coin and difficulity..
So I guess the current ROI time is about 6 month which is rather ok...

Not true. Half that amount according to whattomine. Below $1.83 after electric or $2.26 before electric cost for zcash. Plus irs taxes it as income right away and also later if you cash out further gains later. It's about $1 a day per gpu. Not worth baby sitting your rig . Mining is for losers. Best to buy coins especially now while prices are depressed

I mine and what a dumb mistake, I can't even go on vacation. Only good thing is that gpu went up in value. So far that's where the real money is at.

Baby sitting rigs?  Can't even go on vacation?  LOL ... Ever heard of a switched pdu?  My rigs almost never go down, but when they do, I get an email.  When I get that email, I can cycle the power on any pdu outlet that I want from anywhere that I have an internet connection.  I can do it from my smartphone, if I need to.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: gotminer on March 14, 2018, 12:51:44 AM
Yes, it is alive, if build your rig with gtx 1070ti ( which is very balanced with it features, imho) you can get about 3-4 $ per card depend on the coin and difficulity..
So I guess the current ROI time is about 6 month which is rather ok...

Not true. Half that amount according to whattomine. Below $1.83 after electric or $2.26 before electric cost for zcash. Plus irs taxes it as income right away and also later if you cash out further gains later. It's about $1 a day per gpu. Not worth baby sitting your rig . Mining is for losers. Best to buy coins especially now while prices are depressed

I mine and what a dumb mistake, I can't even go on vacation. Only good thing is that gpu went up in value. So far that's where the real money is at.

Paying taxes = Making profits... Since when is being profitable a bad thing?  Besides, if prices are way down, why not sell the coin, realize the loss for tax purposes, and buy it back?  You'd be in the same exact position, but be much lower with taxes.

Exactly!  You're not paying taxes, if you're losing money.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: john1010 on March 14, 2018, 11:11:34 AM
Yes it's DEFINITELY DEAD! that's why my 7th batch of 10gpu's I ordered online will arrive this week,  And it's not profitable anymore, STOP mining! lol!

seriously mining is a hobby once you started it, you can never stop it.. I don't know why..


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: maxmeme on March 14, 2018, 11:35:21 AM
That’s right. Mining is a hobby and side effect is it can be profitable to when done at the right time frame.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: VoskCoin on March 25, 2018, 03:04:19 PM
Yes it's DEFINITELY DEAD! that's why my 7th batch of 10gpu's I ordered online will arrive this week,  And it's not profitable anymore, STOP mining! lol!

seriously mining is a hobby once you started it, you can never stop it.. I don't know why..
haha right?! xD

Also as stated above switched PDU are an amazing addition to a mining farm


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: Natulat on March 25, 2018, 08:09:06 PM
That’s right. Mining is a hobby and side effect is it can be profitable to when done at the right time frame.

Mining used to be profitable. Now it is a hobby.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: CryptoJoel on April 03, 2018, 04:43:02 AM
If you're talking about right now, mining is not very profitable, but it is still earning me more than I'm spending... Right now, I'm only earning about $20/day.  At the market's all time high, I was earning about $200/day.  Plus, while the actual dollar value of what you mine now isn't worth that much, holding your coins until the market goes back up to its previous all time high would be equivalent to as if you had mined it at that time.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: gotminer on April 03, 2018, 05:19:23 AM
Posting this again  ... When will the fucktards eventually get that this isn't a daily profit game?  I've posted this in two other threads and I feel the need to do it again ...

"I don't know how to tell you this, but you are insanely wrong with part of that.  With the 31 gpu's that I have, I mined various coins and traded for btc in the month of March.  In the month of March, I ended up with 0.18337303 BTC.  If I converted to fiat right now that would equate to $1315.70USD.  My electrical costs (rigs and ventilation) for the month were approx $400USD.  Do the math and tell me that isn't profit.

I bought my gpu's last year at reasonable prices, not much over MSRP.  Not all, but a large portion of my rigs are paid for, if I converted to fiat right now.  I'm not converting to fiat at today's btc price (not even to cover electrical costs).  I'm placing a bet and waiting.  I'm not advocating that someone go out and pay insane gpu prices right now and start building a farm.  But do not tell me that gpu mining (in my situation) is not profitable.  Lol ... It would be insane for me to shut down my rigs right now and sell everything today."


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: Cubanlinx81 on April 11, 2018, 04:10:44 AM
Thinking seriously about getting into mining. I looked at a pre assembled rig that has two liquid cooled Nvidia TI1080 cards (22gb). I’m hoping that it will be able to turn a nice profit, because the rig will cost about $8000 USD.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: RYXES on April 11, 2018, 01:40:37 PM
Thinking seriously about getting into mining. I looked at a pre assembled rig that has two liquid cooled Nvidia TI1080 cards (22gb). I’m hoping that it will be able to turn a nice profit, because the rig will cost about $8000 USD.

If you're going to spend $8000, please do a proper statistical breakdown and forecast and make sure you know you will break even.
Unless you're minted, then otherwise go crazy  ;)


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: Midcrypto on April 11, 2018, 02:20:17 PM
Of course GPU mining is still profitable and anyone saying something different is uninformed or trying to keep you from raising the difficulty on their miners! Especially considering how development teams are now actively taking stances against centralization via ASICS. Over the next 12 months and beyond the picture will become clear what projects truly believe the concept and technology of decentralized blockchains and which ones are out for greed.

A line will be drawn in the sand between PoW cryptos and there will be many that vow to be only GPU mine-able forever which will include scheduled hard forks with greater frequency. The GPU only cryptos will have very strong active communities and thus will maintain a more stable and consistent economy than other PoW algorithms. This is already visible via price stability over the last ~6 months especially with the recent market downturn.

It's all about finding the right project, getting in early and contributing to its growth. There are countless GPU mine-able coins coming out all the time, if you find the right one you WILL be wildly profitable.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: Zulucia on April 11, 2018, 03:46:58 PM
Of course GPU mining is still profitable and anyone saying something different is uninformed or trying to keep you from raising the difficulty on their miners! Especially considering how development teams are now actively taking stances against centralization via ASICS. Over the next 12 months and beyond the picture will become clear what projects truly believe the concept and technology of decentralized blockchains and which ones are out for greed.

A line will be drawn in the sand between PoW cryptos and there will be many that vow to be only GPU mine-able forever which will include scheduled hard forks with greater frequency. The GPU only cryptos will have very strong active communities and thus will maintain a more stable and consistent economy than other PoW algorithms. This is already visible via price stability over the last ~6 months especially with the recent market downturn.

It's all about finding the right project, getting in early and contributing to its growth. There are countless GPU mine-able coins coming out all the time, if you find the right one you WILL be wildly profitable.

If your electricity price is below $0.1 kWh, you might still invest in mining. But as the ASIC appears in Ethereum, it is better not to invest more at the moment.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: stiucsib86 on April 11, 2018, 03:59:21 PM
For now, the ROI is very very very low.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: gawer33 on April 11, 2018, 04:53:14 PM
I already sold my rigs but it still profitable in my place, the sole reason I sold it is I already got my ROI and rumors about new GPU coming from Nvidia. sold it early before GPU price plummets for me is the best idea.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: CryptoJoel on April 16, 2018, 02:35:01 AM
I already sold my rigs but it still profitable in my place, the sole reason I sold it is I already got my ROI and rumors about new GPU coming from Nvidia. sold it early before GPU price plummets for me is the best idea.
The GPU prices of the currently available GPUs may go down with the release of a new generation, but that won't change the performance of the cards you already have.  My 1080 Tis will still kick ass.  ;D


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: gotminer on April 16, 2018, 03:15:48 AM
I already sold my rigs but it still profitable in my place, the sole reason I sold it is I already got my ROI and rumors about new GPU coming from Nvidia. sold it early before GPU price plummets for me is the best idea.
The GPU prices of the currently available GPUs may go down with the release of a new generation, but that won't change the performance of the cards you already have.  My 1080 Tis will still kick ass.  ;D

New gpu's that are capable of higher hash rates will drive up difficulty faster than it would be driven up if a specific network hash rate just stayed the same with current hardware.  Difficulty increase will result in older cards being less profitable to mine with.  That's not to say that I would be selling off my 1080ti's right now.  I don't see myself doing that in the near future.  I think that in the near future, I will sell the 1070ti's that I have though.  I'd like to have some capital to replace those with newer gen gpu's.

The other thing I'm thinking about is using the capital from the sale of my 1070ti's to buy Vega's.  We're not seeing anti-asic fork support from anyone at the moment other than those coins that are better mined with Vega's.

I'll never bet it all on one thing though ... I'll always have a mix of hardware for mining in addition to my direct investments into various coins. 


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: racebum on April 16, 2018, 07:18:11 AM
For now, the ROI is very very very low.

did you see the price to hash on these? it's really not that big of a worry. 1800-2000 dollars + shipping + customs for what? roughly 6x580s and i suspect you could get those 6 580s better tuned, you also get a  3yr warranty and better resale. maybe the asic will be more energy efficient at 800w but it's not going to be a lot. the rx580 if prices normalize should be a $230-299 card. at 300 each you have 6x300 + 200 for a mb/cpu/ram which is 2k. add in $200-220 for a nice 1000-1200psu and there you are. very comparable prices


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: CryptoJoel on April 28, 2018, 06:11:20 PM
I already sold my rigs but it still profitable in my place, the sole reason I sold it is I already got my ROI and rumors about new GPU coming from Nvidia. sold it early before GPU price plummets for me is the best idea.
The GPU prices of the currently available GPUs may go down with the release of a new generation, but that won't change the performance of the cards you already have.  My 1080 Tis will still kick ass.  ;D

New gpu's that are capable of higher hash rates will drive up difficulty faster than it would be driven up if a specific network hash rate just stayed the same with current hardware.  Difficulty increase will result in older cards being less profitable to mine with.  That's not to say that I would be selling off my 1080ti's right now.  I don't see myself doing that in the near future.  I think that in the near future, I will sell the 1070ti's that I have though.  I'd like to have some capital to replace those with newer gen gpu's.

The other thing I'm thinking about is using the capital from the sale of my 1070ti's to buy Vega's.  We're not seeing anti-asic fork support from anyone at the moment other than those coins that are better mined with Vega's.

I'll never bet it all on one thing though ... I'll always have a mix of hardware for mining in addition to my direct investments into various coins. 

New GPUs are out.  Given the price of them, I don't think they'll flood the market too quickly.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: gotminer on April 28, 2018, 07:46:15 PM
I already sold my rigs but it still profitable in my place, the sole reason I sold it is I already got my ROI and rumors about new GPU coming from Nvidia. sold it early before GPU price plummets for me is the best idea.
The GPU prices of the currently available GPUs may go down with the release of a new generation, but that won't change the performance of the cards you already have.  My 1080 Tis will still kick ass.  ;D

New gpu's that are capable of higher hash rates will drive up difficulty faster than it would be driven up if a specific network hash rate just stayed the same with current hardware.  Difficulty increase will result in older cards being less profitable to mine with.  That's not to say that I would be selling off my 1080ti's right now.  I don't see myself doing that in the near future.  I think that in the near future, I will sell the 1070ti's that I have though.  I'd like to have some capital to replace those with newer gen gpu's.

The other thing I'm thinking about is using the capital from the sale of my 1070ti's to buy Vega's.  We're not seeing anti-asic fork support from anyone at the moment other than those coins that are better mined with Vega's.

I'll never bet it all on one thing though ... I'll always have a mix of hardware for mining in addition to my direct investments into various coins. 

New GPUs are out.  Given the price of them, I don't think they'll flood the market too quickly.

Not sure where you're getting your info, but the new Nvidia gpu's are not out yet.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: 2Miners on April 28, 2018, 10:46:19 PM
Sure it is. Just have a look at the network hashrate of the cryptocurrencies mined with GPU's.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: SodiumEx on April 28, 2018, 10:58:26 PM
I already sold my rigs but it still profitable in my place, the sole reason I sold it is I already got my ROI and rumors about new GPU coming from Nvidia. sold it early before GPU price plummets for me is the best idea.
The GPU prices of the currently available GPUs may go down with the release of a new generation, but that won't change the performance of the cards you already have.  My 1080 Tis will still kick ass.  ;D

New gpu's that are capable of higher hash rates will drive up difficulty faster than it would be driven up if a specific network hash rate just stayed the same with current hardware.  Difficulty increase will result in older cards being less profitable to mine with.  That's not to say that I would be selling off my 1080ti's right now.  I don't see myself doing that in the near future.  I think that in the near future, I will sell the 1070ti's that I have though.  I'd like to have some capital to replace those with newer gen gpu's.

The other thing I'm thinking about is using the capital from the sale of my 1070ti's to buy Vega's.  We're not seeing anti-asic fork support from anyone at the moment other than those coins that are better mined with Vega's.

I'll never bet it all on one thing though ... I'll always have a mix of hardware for mining in addition to my direct investments into various coins. 

New GPUs are out.  Given the price of them, I don't think they'll flood the market too quickly.

Not sure where you're getting your info, but the new Nvidia gpu's are not out yet.

just the Titan V which is 3000$ lmao but excluding that you're correct


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: gotminer on April 29, 2018, 03:11:49 AM
I already sold my rigs but it still profitable in my place, the sole reason I sold it is I already got my ROI and rumors about new GPU coming from Nvidia. sold it early before GPU price plummets for me is the best idea.
The GPU prices of the currently available GPUs may go down with the release of a new generation, but that won't change the performance of the cards you already have.  My 1080 Tis will still kick ass.  ;D

New gpu's that are capable of higher hash rates will drive up difficulty faster than it would be driven up if a specific network hash rate just stayed the same with current hardware.  Difficulty increase will result in older cards being less profitable to mine with.  That's not to say that I would be selling off my 1080ti's right now.  I don't see myself doing that in the near future.  I think that in the near future, I will sell the 1070ti's that I have though.  I'd like to have some capital to replace those with newer gen gpu's.

The other thing I'm thinking about is using the capital from the sale of my 1070ti's to buy Vega's.  We're not seeing anti-asic fork support from anyone at the moment other than those coins that are better mined with Vega's.

I'll never bet it all on one thing though ... I'll always have a mix of hardware for mining in addition to my direct investments into various coins. 

New GPUs are out.  Given the price of them, I don't think they'll flood the market too quickly.

Not sure where you're getting your info, but the new Nvidia gpu's are not out yet.

just the Titan V which is 3000$ lmao but excluding that you're correct

Exactly.  Just another person who can't even comprehend what he reads and/or gets something from one source and expects it to be legit.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: VoskCoin on May 07, 2018, 12:00:57 PM
Bitmain Antminer Z9 - Equihash ASIC Miner pushing 10,000 sols @ a whopping  300 watts

https://www.youtube.com/watch?v=vnbkbbu6z2Q
https://i.imgur.com/i6IF9su.png

Mining Rig Parts IN STOCK on Amazon - http://geni.us/WQd7cCs
Zcash CEO Zooko says no to forking ASIC - https://goo.gl/X6K7tz
Bitmain Antminer Z9 Mini Equihash ASIC - https://goo.gl/vYFNMd
VoskCoin asks Zooko of ZEC and Rolf of ZEN - https://goo.gl/NV18pk

Interested in sharing your opinion on changing the algorithms to be truly asic-resistant and considering to invalidate the Bitmain Antminer Z9?
Click here -> https://github.com/ZencashOfficial/zen/issues/142




This gives new meaning to this thread sadly O_o


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: CryptoJoel on May 11, 2018, 09:29:57 PM
I already sold my rigs but it still profitable in my place, the sole reason I sold it is I already got my ROI and rumors about new GPU coming from Nvidia. sold it early before GPU price plummets for me is the best idea.
The GPU prices of the currently available GPUs may go down with the release of a new generation, but that won't change the performance of the cards you already have.  My 1080 Tis will still kick ass.  ;D

New gpu's that are capable of higher hash rates will drive up difficulty faster than it would be driven up if a specific network hash rate just stayed the same with current hardware.  Difficulty increase will result in older cards being less profitable to mine with.  That's not to say that I would be selling off my 1080ti's right now.  I don't see myself doing that in the near future.  I think that in the near future, I will sell the 1070ti's that I have though.  I'd like to have some capital to replace those with newer gen gpu's.

The other thing I'm thinking about is using the capital from the sale of my 1070ti's to buy Vega's.  We're not seeing anti-asic fork support from anyone at the moment other than those coins that are better mined with Vega's.

I'll never bet it all on one thing though ... I'll always have a mix of hardware for mining in addition to my direct investments into various coins. 

New GPUs are out.  Given the price of them, I don't think they'll flood the market too quickly.

Not sure where you're getting your info, but the new Nvidia gpu's are not out yet.

just the Titan V which is 3000$ lmao but excluding that you're correct

Still cheaper and more profitable to own two 1080 TIs than one Titan V...


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: CryptoJoel on May 11, 2018, 09:31:50 PM
Bitmain Antminer Z9 - Equihash ASIC Miner pushing 10,000 sols @ a whopping  300 watts

Mining Rig Parts IN STOCK on Amazon - http://geni.us/WQd7cCs
Zcash CEO Zooko says no to forking ASIC - https://goo.gl/X6K7tz
Bitmain Antminer Z9 Mini Equihash ASIC - https://goo.gl/vYFNMd
VoskCoin asks Zooko of ZEC and Rolf of ZEN - https://goo.gl/NV18pk

Interested in sharing your opinion on changing the algorithms to be truly asic-resistant and considering to invalidate the Bitmain Antminer Z9?
Click here -> https://github.com/ZencashOfficial/zen/issues/142




This gives new meaning to this thread sadly O_o

At least GPUs can change algorithms to mine other coins.  ASIC miners will be left in the dust when/if equihash becomes resistant.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: gotminer on May 12, 2018, 12:34:41 AM
Bitmain Antminer Z9 - Equihash ASIC Miner pushing 10,000 sols @ a whopping  300 watts

Mining Rig Parts IN STOCK on Amazon - http://geni.us/WQd7cCs
Zcash CEO Zooko says no to forking ASIC - https://goo.gl/X6K7tz
Bitmain Antminer Z9 Mini Equihash ASIC - https://goo.gl/vYFNMd
VoskCoin asks Zooko of ZEC and Rolf of ZEN - https://goo.gl/NV18pk

Interested in sharing your opinion on changing the algorithms to be truly asic-resistant and considering to invalidate the Bitmain Antminer Z9?
Click here -> https://github.com/ZencashOfficial/zen/issues/142




This gives new meaning to this thread sadly O_o

At least GPUs can change algorithms to mine other coins.  ASIC miners will be left in the dust when/if equihash becomes resistant.

Are you even thinking of the reallocation of gpu hashrate if very little of equihash forks?  Ethash POS is another big scare.  Who knows when that will ever happen though.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: Sandal_Hat on May 12, 2018, 12:52:40 AM
There are alot more used GPUs on amazon these days if u notice. There is just too much mining difficulty everywhere these days.


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: daniel.roman on May 12, 2018, 02:38:02 AM
In fact, I configure one of my firsts mining rigs seeing your videos. It is being a long time since then. But thanks.
Answering your question, I think is still profitable, but you have to consider some things, to me the most important thing is to see the most perfect time to buy the GPU, for me is august for Radeon always sell their products at a low price for introduction, so it will be easier to recovery your investment in short time. For example, the best GPU when Radeon tries to enter the market their price is 40% lower than the rest of the year thanks to the speculators. On the other hand, NVIDIA says theirs profits are going to decrease for they do not expect people buy GPU for mining like the others years. So whe can expect a decrease in the GPU price.
Second, I think is important to find out a coin that can give good profits, right now I am mining Haven and I feel very comfortable with the returns. But perhaps is for the market manipulation this coin suffers at the beginning of the month.
However, I see this year is going to be a good one for GPU mining, for me is still profitable.  


Title: Re: Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?
Post by: VoskCoin on May 14, 2018, 04:42:17 PM
In fact, I configure one of my firsts mining rigs seeing your videos. It is being a long time since then. But thanks.
Answering your question, I think is still profitable, but you have to consider some things, to me the most important thing is to see the most perfect time to buy the GPU, for me is august for Radeon always sell their products at a low price for introduction, so it will be easier to recovery your investment in short time. For example, the best GPU when Radeon tries to enter the market their price is 40% lower than the rest of the year thanks to the speculators. On the other hand, NVIDIA says theirs profits are going to decrease for they do not expect people buy GPU for mining like the others years. So whe can expect a decrease in the GPU price.
Second, I think is important to find out a coin that can give good profits, right now I am mining Haven and I feel very comfortable with the returns. But perhaps is for the market manipulation this coin suffers at the beginning of the month.
However, I see this year is going to be a good one for GPU mining, for me is still profitable.  


that's awesome to hear I had some influence on your first rig :D

I like your positive attitude and agree with you that there are still very many good projects to GPU mine