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Title: What do you guys think will happen to GPU mining? Post by: jaideep1000 on April 22, 2014, 08:05:33 PM Well now since the Scrypt ASICs are starting to replace GPU mining rigs what do you guys think will happen to us gpu miners?
I think that Vertcoin will go up in value soon and will be the new litecoin for us GPU miners and then we'll have the usual clones of Vertcoin coming up everyday. Maybe its time to buy up vertcoin or maybe its time to sell off your GPU rigs and get out while you can? What do you guys think. Post your opinions for all of us to read. Title: Re: What do you guys think will happen to GPU mining? Post by: jamesc760 on April 22, 2014, 08:44:03 PM I've sold all my GPU's and got out in January, just before the Scrypt ASIC's started to flood the market. Got better than 80% of my buy-in price for my radeon cards, mostly 7950's, not to mention the fact that I had mined a nice profit from my video cards.. It may be a bit late to get out of the market without losing too much, but you should seriously consider your exit strategy. GPU mining is coming to an end, if not there already.
Title: Re: What do you guys think will happen to GPU mining? Post by: Amph on April 22, 2014, 09:33:04 PM I've sold all my GPU's and got out in January, just before the Scrypt ASIC's started to flood the market. Got better than 80% of my buy-in price for my radeon cards, mostly 7950's, not to mention the fact that I had mined a nice profit from my video cards.. It may be a bit late to get out of the market without losing too much, but you should seriously consider your exit strategy. GPU mining is coming to an end, if not there already. lol you sold too early, february was good with aurora, plenty of btc Title: Re: What do you guys think will happen to GPU mining? Post by: ChekaZ on April 22, 2014, 11:14:35 PM Feathercoin is going to change the algo from scrypt to an asic resistant one in the near future. Maybe take a look at it.
Title: Re: What do you guys think will happen to GPU mining? Post by: SpeedDemon13 on April 22, 2014, 11:17:18 PM Feathercoin is going to change the algo from scrypt to an asic resistant one in the near future. Maybe take a look at it. That would be good for the coin, since it doesn't have anything really going for it currently. Title: Re: What do you guys think will happen to GPU mining? Post by: jaideep1000 on April 23, 2014, 05:41:02 AM It is def a good move for feathercoin to change algo.
I don't think GPU mining will die. Think of all those miners with 100s of GPUs they need to find another place to use them. Title: Re: What do you guys think will happen to GPU mining? Post by: Equate on April 23, 2014, 05:48:26 AM I've sold all my GPU's and got out in January, just before the Scrypt ASIC's started to flood the market. Got better than 80% of my buy-in price for my radeon cards, mostly 7950's, not to mention the fact that I had mined a nice profit from my video cards.. It may be a bit late to get out of the market without losing too much, but you should seriously consider your exit strategy. GPU mining is coming to an end, if not there already. lol you sold too early, february was good with aurora, plenty of btc and Blackcoin me lots of profit . I missed Dogecoin train but hit bulls eye with blackcoin . |