Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: allcoinminer on September 15, 2014, 08:57:46 PM



Title: GPU Mining
Post by: allcoinminer on September 15, 2014, 08:57:46 PM
Anyone still mining with GPU? You may have free electricity right?
I have my GPUs resting useless and looking for some work for this GPUs.


Title: Re: GPU Mining
Post by: khornate on September 15, 2014, 09:39:18 PM
I still use my GPU to mine X11 since there no ASIC for that yet. Scrypt-N is another possibility.


Title: Re: GPU Mining
Post by: TimeHacker on September 15, 2014, 09:42:40 PM
Maybe cryptonotes are still worth it? Check the profit calculator here (http://bit.ly/1l6hUPe) (in the top menu).


Title: Re: GPU Mining
Post by: allcoinminer on September 15, 2014, 10:22:11 PM
I still use my GPU to mine X11 since there no ASIC for that yet. Scrypt-N is another possibility.

How much btc you are earning from X11 Algo for 1000Khs Script Algo hashrate?


Title: Re: GPU Mining
Post by: First.Bitcoins on September 15, 2014, 10:24:39 PM
AppleByte (ABY) is still worth it & the pool pays a bonus to CPU & GPU miners, as well as limits the Asic miners to 10mhs.



More AppleByte Details:
Announce Thread:  Announce Thread (https://bitcointalk.org/index.php?topic=503131.0)
Website: AppleByte.me (http://AppleByte.me)
Crowd Funding Campaign: Indiegogo Campaign (https://www.indiegogo.com/projects/applebytes)
Facebook: AppleByteMe FB Page (https://www.facebook.com/applebyteme)
Twitter: AppleByteMe Twitter (https://twitter.com/AppleByteMe)


Title: Re: GPU Mining
Post by: grosminer on September 16, 2014, 06:59:22 PM
Yeah i'm still mining with gpu.. X11 for now.

Made nice $$ with Blackcoin since i was mining (buying) at 10-12k sats and sold at 16k


Title: Re: GPU Mining
Post by: adaseb on September 16, 2014, 11:51:54 PM
X11 is only profitable if you have free electricity. Or really low electricity rates.

Right now its best to just keep your rigs, not sell them, in the hopes that BTC rises to new highs.

Or wait till Christmas and then sell them.


Title: Re: GPU Mining
Post by: djnocide on September 16, 2014, 11:58:05 PM
3 GPUs running on groestl and 2 running on qubit, mining coins i think have more potential than P&D. I'll have to wait before i can see if it pays out.


Title: Re: GPU Mining
Post by: servicelabs on September 17, 2014, 12:28:00 AM
I am still mining XMR.


Title: Re: GPU Mining
Post by: notlist3d on September 17, 2014, 02:35:28 AM
Sadly i sold most of mine off.  Just with a decent amount with electricity and heat was not paying off (around 8500+ watts at peak time).   I switched to asics.  J wish i could keep doing GPU miss them just is hard in the current market.


Title: Re: GPU Mining
Post by: adaseb on September 17, 2014, 06:17:07 AM
GPU mining will NEVER be profitable ever, even if BTC goes up to $1000-$2000.

During the last quarter of last year, there were thosands of GPU being brought into the market, these GPUs will turn on once BTC rises and keep difficulties high and profits low.

The days of

$10/MHASH/BTC  are long gone.


Title: Re: GPU Mining
Post by: Amph on September 17, 2014, 06:38:27 AM
X11 is only profitable if you have free electricity. Or really low electricity rates.

Right now its best to just keep your rigs, not sell them, in the hopes that BTC rises to new highs.

Or wait till Christmas and then sell them.

better to sell and buy new amd/nvidia card, they will perform much better in hash/w ratio


Title: Re: GPU Mining
Post by: OrientA on September 17, 2014, 09:40:00 AM
GPU mining will NEVER be profitable ever, even if BTC goes up to $1000-$2000.

During the last quarter of last year, there were thosands of GPU being brought into the market, these GPUs will turn on once BTC rises and keep difficulties high and profits low.

The days of

$10/MHASH/BTC  are long gone.

Those GPUs will be turned on during winter as heater. So there will be even less profit.



better to sell and buy new amd/nvidia card, they will perform much better in hash/w ratio

They will only be profitable when the electricity price is low. Nowadays, most new coins are CPU friendly, not GPU friendly.


Title: Re: GPU Mining
Post by: MaxDZ8 on September 17, 2014, 01:55:14 PM
I do not have free electricity and I still GPU mine on my PC I use for other tasks so about half the wattage would be paid anyway --> 2x effective efficiency.


Title: Re: GPU Mining
Post by: OrientA on September 17, 2014, 03:00:22 PM
I do not have free electricity and I still GPU mine on my PC I use for other tasks so about half the wattage would be paid anyway --> 2x effective efficiency.

That is the spirit. Do not buy GPU for mining only.


Title: Re: GPU Mining
Post by: MaxDZ8 on September 17, 2014, 03:14:55 PM
That is the spirit. Do not buy GPU for mining only.
To be honest I was considering buying a 280x ... my circulation pump is broken and it's only half the cost (LOL intended!)


Title: Re: GPU Mining
Post by: atp1916 on September 17, 2014, 05:04:46 PM
GPU mining will NEVER be profitable ever, even if BTC goes up to $1000-$2000.

During the last quarter of last year, there were thosands of GPU being brought into the market, these GPUs will turn on once BTC rises and keep difficulties high and profits low.

The days of

$10/MHASH/BTC  are long gone.

Quite a few of those GPUs / rigs got sold off, or are in the active process of being sold off.  They are not being held in reserve.  

Just like a couple years ago when BTC asics crushed the fpga / GPU scene for BTC, the same is happening now for Scrypt.  People at those times sold their BTC GPU farms, just like they are now.

Some time in the future there will be another "Scrypt" type algo that comes out and makes GPU mining viable again...and we will again see the GPU crush we say earlier this year.

Mark my words, the cycle never ends.


Title: Re: GPU Mining
Post by: theblacklist on September 17, 2014, 05:37:06 PM
Not mining with GPU anymore because it's not profitable anymore and I don't have free electricity. I just made a profit when I could and sold all of the GPU's that I have. Now it's more effective to rent rigs instead of purchasing. That's what I discovered and I made quite good profit of it. If you know exactly which coin to mine.


Title: Re: GPU Mining
Post by: OrientA on September 17, 2014, 06:01:42 PM

Quite a few of those GPUs / rigs got sold off, or are in the active process of being sold off.  They are not being held in reserve.  

Just like a couple years ago when BTC asics crushed the fpga / GPU scene for BTC, the same is happening now for Scrypt.  People at those times sold their BTC GPU farms, just like they are now.

Some time in the future there will be another "Scrypt" type algo that comes out and makes GPU mining viable again...and we will again see the GPU crush we say earlier this year.

Mark my words, the cycle never ends.

But the present day GPU might not efficient enough to compete next generation ones when the new coins come out.


Title: Re: GPU Mining
Post by: siliconchip on September 18, 2014, 01:58:01 AM
I still use my GPU to mine X11 since there no ASIC for that yet. Scrypt-N is another possibility.
You are quite right,no x11 ASIC,but X11 FPGA with 280M hashrate has already came out weeks before.


Title: Re: GPU Mining
Post by: ChekaZ on September 18, 2014, 03:01:36 AM
NeoScrypt going to make your GPUs useful again. Phoenixcoin already switched its algo to NeoScrypt.

Feathercoin going to transition soon. Many will follow. Stay tuned.


Title: Re: GPU Mining
Post by: MarketTime on September 18, 2014, 04:32:44 AM
NeoScrypt going to make your GPUs useful again. Phoenixcoin already switched its algo to NeoScrypt.

Feathercoin going to transition soon. Many will follow. Stay tuned.

Really? The profitability seems to be as bad too for phenixcoin... hopefully it will improve..


Title: Re: GPU Mining
Post by: khornate on November 12, 2014, 11:43:50 PM
My old GPU gets pretty decent hashrate on groestl so I've moved on to that for now. It's a few years old and paid for itself through BTC and LTC mining before  ASICs came along (free electricity included in rent  ;D). There's no point buying new GPU now unless you use them for gaming as well or some programming work during downtime.


Title: Re: GPU Mining
Post by: LightningBlade on November 13, 2014, 04:24:46 AM
Using GPU for gaming now, none of the algo are worth mining..


Title: Re: GPU Mining
Post by: Equate on November 13, 2014, 06:05:44 AM
Using GPU for gaming now, none of the algo are worth mining..

I am also using last of my 280x crossfired for gaming but current gen games are poorly optimised for multi-gpu configs but still GPUs are being used instead of lying idle.


Title: Re: GPU Mining
Post by: djm34 on November 13, 2014, 11:25:43 AM
Using GPU for gaming now, none of the algo are worth mining..

I am also using last of my 280x crossfired for gaming but current gen games are poorly optimised for multi-gpu configs but still GPUs are being used instead of lying idle.

so there are people gaming with amd after all  ;D



Title: Re: GPU Mining
Post by: sp_ on November 13, 2014, 01:24:15 PM
If you live in a cold country like me, I use electricity to warm the house. The heat from a couple of GPU rigs is enough to keep my house warm. The open source Kernals can be optimized. Not much innovation has be done the last 6 months on the AMD side. Perhaps because everyone who publish their hard work only get rewarded with a couple of beers. As with any project, when the founding is gone, the project get's abandoned.


Title: Re: GPU Mining
Post by: OrientA on November 13, 2014, 01:55:00 PM
It is not profitable for me to mine. But the heating helps a bit.


Title: Re: GPU Mining
Post by: Anobix on November 13, 2014, 06:04:36 PM
It is not profitable for me to mine. But the heating helps a bit.

Same.

I earned approximately $4 yesterday mining with 2x290x and 4x280x with neoscrypt on westhash. Not nearly enough to pay the power costs. I have a 40mh/s scrypt asic as well that pulls about 1000w that is just barely profitable, but it keeps my upstairs warm.


Title: Re: GPU Mining
Post by: Atomicat on November 13, 2014, 07:14:41 PM
It is not profitable for me to mine. But the heating helps a bit.

Same.

I earned approximately $4 yesterday mining with 2x290x and 4x280x with neoscrypt on westhash. Not nearly enough to pay the power costs. I have a 40mh/s scrypt asic as well that pulls about 1000w that is just barely profitable, but it keeps my upstairs warm.

I had three 6950's blowing on my shins all last winter.  Mmmm.... 6950's!