Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: YellowSwap on April 26, 2022, 06:38:46 AM



Title: Keep or sell?
Post by: YellowSwap on April 26, 2022, 06:38:46 AM
What can I mine with 8 pieces of GTX1060 3GB graphic card right now? Or I should just sell them and move on? Also is there still a chance to mine Ethereum Classic using 3GB of VRAM memory? Keep and find a new coin to mine or sell and keep my money.


Title: Re: Keep or sell?
Post by: Coinfarm ventures on April 26, 2022, 05:32:12 PM
I would just sell the cards. The only decent coin you can mine is ETC for 1 more month on Linux. You'll only get $0.40/day of revenue.

Assuming you get $125 in profit for each card on feeBay, you can buy two RTX 3060L's then mine ETH+CFX; or two Radeon RX 5700's or RX 6700 XT's.


Title: Re: Keep or sell?
Post by: FP91G on April 27, 2022, 12:02:15 PM
What can I mine with 8 pieces of GTX1060 3GB graphic card right now? Or I should just sell them and move on? Also is there still a chance to mine Ethereum Classic using 3GB of VRAM memory? Keep and find a new coin to mine or sell and keep my money.
I would have sold these video cards a long time ago. Maybe I wouldn't sell them if I had very cheap or green electricity. You can try to advertise these video cards on secondary markets and mine cryptocurrencies.


Title: Re: Keep or sell?
Post by: sp_ on April 27, 2022, 12:41:10 PM
Dual mine vertcoin+zilliqa with the Team Black Miner and spminer is the best option for these cards.


Title: Re: Keep or sell?
Post by: swogerino on April 28, 2022, 01:38:09 PM
What can I mine with 8 pieces of GTX1060 3GB graphic card right now? Or I should just sell them and move on? Also is there still a chance to mine Ethereum Classic using 3GB of VRAM memory? Keep and find a new coin to mine or sell and keep my money.

From the Ethash algorithms you can mine Ubiq which will make you like 1.85 USD gross without electricity into consideration daily if the calculators around are correct and I just took an approximate of those cards hash rate near 170 Mhsh for the 8 of them.Also the dag size of Ubiq is less than 2 GB so you can mine this coin for a long time.If you have cheap electricity then continue to mine or sell the cards depending on the situation.


Title: Re: Keep or sell?
Post by: StormHawk on April 29, 2022, 06:38:41 AM
GTX1060 takes up to 60-70watts it makes no sense to keep them around anymore, you should sell them for PC gamers online or locally, these graphic cards are good for 1080p display gaming if paired with a multi-core CPU like i7 4*** or ryzen 5 CPU.


Title: Re: Keep or sell?
Post by: FP91G on April 29, 2022, 08:52:15 AM
What can I mine with 8 pieces of GTX1060 3GB graphic card right now? Or I should just sell them and move on? Also is there still a chance to mine Ethereum Classic using 3GB of VRAM memory? Keep and find a new coin to mine or sell and keep my money.

From the Ethash algorithms you can mine Ubiq which will make you like 1.85 USD gross without electricity into consideration daily if the calculators around are correct and I just took an approximate of those cards hash rate near 170 Mhsh for the 8 of them.Also the dag size of Ubiq is less than 2 GB so you can mine this coin for a long time.If you have cheap electricity then continue to mine or sell the cards depending on the situation.
If there is $1.6 a day left after paying the electricity bill, that's less than $600 a year. this is a very small profit for such a mining farm.
8 video cards cost $1500 and payback is 2.5 years today. I don’t even know what will happen after the end of ethereum mining.Only sale.


Title: Re: Keep or sell?
Post by: CryptoATM on April 29, 2022, 02:45:42 PM
What can I mine with 8 pieces of GTX1060 3GB graphic card right now? Or I should just sell them and move on? Also is there still a chance to mine Ethereum Classic using 3GB of VRAM memory? Keep and find a new coin to mine or sell and keep my money.

From the Ethash algorithms you can mine Ubiq which will make you like 1.85 USD gross without electricity into consideration daily if the calculators around are correct and I just took an approximate of those cards hash rate near 170 Mhsh for the 8 of them.Also the dag size of Ubiq is less than 2 GB so you can mine this coin for a long time.If you have cheap electricity then continue to mine or sell the cards depending on the situation.
If there is $1.6 a day left after paying the electricity bill, that's less than $600 a year. this is a very small profit for such a mining farm.
8 video cards cost $1500 and payback is 2.5 years today. I don’t even know what will happen after the end of ethereum mining.Only sale.
600$ annually from mining vs 600$ annually from staking which one do you think will be better? You will have more thousands of dollars staked to get 600$ back per year,  anyway it's on OP, I won't keep such GPUs with me either I am better off selling them for money and use that money to buy some coins.


Title: Re: Keep or sell?
Post by: Coinfarm ventures on April 29, 2022, 05:16:32 PM
600$ annually from mining vs 600$ annually from staking which one do you think will be better? You will have more thousands of dollars staked to get 600$ back per year,  anyway it's on OP, I won't keep such GPUs with me either I am better off selling them for money and use that money to buy some coins.
I greatly prefer mining over staking because of the upfront tax deductions I can get with mining. I pay 0% of taxes as long as I roll profit into new equipment. This isn't possible with buying coins.


Title: Re: Keep or sell?
Post by: FP91G on April 30, 2022, 05:43:57 PM
What can I mine with 8 pieces of GTX1060 3GB graphic card right now? Or I should just sell them and move on? Also is there still a chance to mine Ethereum Classic using 3GB of VRAM memory? Keep and find a new coin to mine or sell and keep my money.

From the Ethash algorithms you can mine Ubiq which will make you like 1.85 USD gross without electricity into consideration daily if the calculators around are correct and I just took an approximate of those cards hash rate near 170 Mhsh for the 8 of them.Also the dag size of Ubiq is less than 2 GB so you can mine this coin for a long time.If you have cheap electricity then continue to mine or sell the cards depending on the situation.
If there is $1.6 a day left after paying the electricity bill, that's less than $600 a year. this is a very small profit for such a mining farm.
8 video cards cost $1500 and payback is 2.5 years today. I don’t even know what will happen after the end of ethereum mining.Only sale.
600$ annually from mining vs 600$ annually from staking which one do you think will be better? You will have more thousands of dollars staked to get 600$ back per year,  anyway it's on OP, I won't keep such GPUs with me either I am better off selling them for money and use that money to buy some coins.
To get 600 dollars a year from staking, then you need to buy more coins, I think for 5-7 thousand dollars, if we are talking about Ethereum. If staking gives 10-15% profit per year, then mining can give 15-30% profit per year. Mining is better for me.


Title: Re: Keep or sell?
Post by: devil2man on April 30, 2022, 07:09:11 PM
I personally would still keep the cards I see on what to mine that you can mine Swap (XWP) with a profit of about $ 0.37 per card so about $ 3 a day which in my opinion is not bad these days


Title: Re: Keep or sell?
Post by: gazilla on April 30, 2022, 08:31:40 PM
I think you should definitely sell as the future is proof of stake and is less costly and less complicated. Personally, I would never invest in mining equipment as that would require core constant investment apart from electricity and everything else.


Title: Re: Keep or sell?
Post by: FP91G on May 01, 2022, 09:08:31 AM
I personally would still keep the cards I see on what to mine that you can mine Swap (XWP) with a profit of about $ 0.37 per card so about $ 3 a day which in my opinion is not bad these days
If you live in El Salvador, then you are a rich person with such a mining farm, you live in Europe, you have big problems. If you eat only pasta, then in my country this profit will be enough for food.


Title: Re: Keep or sell?
Post by: Pterosaur on May 01, 2022, 09:13:57 AM
Find a good altcoin that you believe will be worth more in future if you hold, there are many altcoins that you can mine with those cards like BTCZ, Zano and Swap, go to minerstat calculator or whattomine website you will see some Pow altcoins you can still mine using those cards.


Title: Re: Keep or sell?
Post by: 0verseer on May 01, 2022, 02:22:45 PM
Sell it, ETC's DAG going to pass the 3GB mark in less than 2 months. Your daily profit isn't as great as other cards since 1060 3GB is very low on the efficient list for ETC. Totally not worth squeezing some last juice out of it before the end of the road. Better selling it now before other miners, also have 1060 3GB starting to dump the card, making the clearance price going even lower. Steam user's hardware survey chart list 1060 3GB/6GB always at the most popular as it's still a good card for 1080p gaming today. Hope you can make the right choice.


Title: Re: Keep or sell?
Post by: CryptoATM on May 01, 2022, 02:52:31 PM
This GPU is still good for Fortnite and GTA V using a 1080p display you will be able to sell them for a cheap price on the market to small gamers out there, not everyone can afford a higher end gaming PC or those latest consoles, even if you mine other altcoins like Flux and ETC the performance of these graphic cards are not good enough.


Title: Re: Keep or sell?
Post by: batsonxl on May 02, 2022, 06:56:24 PM
it is bit late to sell them now. if you dont need money i would keep.


Title: Re: Keep or sell?
Post by: ZeeeN on May 02, 2022, 07:16:44 PM
my opinion is sell all 8 card and you go to buy 1660super or 3060 is better


Title: Re: Keep or sell?
Post by: JangoUnchained on May 03, 2022, 11:07:25 AM
It's better to sell those graphic cards and buy better graphics cards like 3060, gtx1660 super, rx6800 and other, also those 1060 GPUs are outdated and they take more electricity power than latest graphic cards.


Title: Re: Keep or sell?
Post by: kaya11 on May 03, 2022, 03:02:26 PM
What can I mine with 8 pieces of GTX1060 3GB graphic card right now? Or I should just sell them and move on? Also is there still a chance to mine Ethereum Classic using 3GB of VRAM memory? Keep and find a new coin to mine or sell and keep my money.

If you have your ROI back and have free electricity, I would continue to mine, but you aren't half way there, and you have to pay your electricity out of mining, then I would recommend to sell them before it will be cheaper than now. Ethereum is going to POS so you better hurry to disposed them. I have 6gb cards but still managed to mine but I am thinking of selling them also because of eth migration. The miners will be scattered in different minable coins if that happens and we won't have any chances of competing to those big farms.


Title: Re: Keep or sell?
Post by: DevFile90 on May 03, 2022, 07:01:13 PM
What can I mine with 8 pieces of GTX1060 3GB graphic card right now? Or I should just sell them and move on? Also is there still a chance to mine Ethereum Classic using 3GB of VRAM memory? Keep and find a new coin to mine or sell and keep my money.
It would have been better if these graphic cards are rx570s and 580s, they take as much power as this gtx1060, the last time I had one it takes 70watts in miner and gave 30MH in HiveOS, this is the same watt consumption from a gtx1060.