People are being hysterical recently, because of downtrend.
It's easy for developers to make ASIC resistant systems. If not permanent, but they can just make some changes to the algo so new ASIC will be needed. That way maybe only Bitmain will be in proffit, because they mined on these asics before they went public and they're cheap for them.
I said developers, not copy-pasters from shitforks.
Proffitability dropped for everyone, ASIC miners are crying too.

frankly.... 99% confidence level ..... my next GPU purchase if any, will be NVIDIA.... after the Vegas, I gave up on AMD :-(

On another topic, I ran both farms on RVN today since SMOS updated the miner list to include all the RVN miners for AMD and NVIDIA. Those 1080tis mines like a boss for RVN. This X16R algo is perhaps more suitable for NVIDIA GPUs because the 480/470s were crawling. Ran the farms only for about 6 hours and back to their normal jobs. I did however, buy a bunch of RVN from Cryptobridge and transferred them over to the Core wallet. Let's see if this RVN can buy me a used Lambo a year from now.

well you have to resist in this moments... when mining is very profitable you have to save some money for electricity cost like i did... for 4/5 months its already paid by old mining!

https://www.cnbc.com/2018/03/26/analyst-slashes-amd-nvidia-price-targets-on-new-cryptocurrency-mining-chip-from-china.html


Why wait three years to develop ETH ASIC? And then release it just before the rumored POS switch?

Fuck BITMAIN.

"Analyst firm Susquehanna has cut AMD and NVIDIA's share price targets on the wake of confirmed reports on Bitmain's upcoming Ethereum ASIC. There's been talks about such a product for months - and some actual silicon steering as well that might support it. Susquehanna, through analyst Christopher Rolland in a note to clients Monday, cited their travels in Asia as a source of information.

This has brought confirmations that "(...) Bitmain has already developed an ASIC [application-specific integrated circuit] for mining Ethereum, and is readying the supply chain for shipments in 2Q18." And it doesn't seem Bitmain is the only company eyeing the doors of yet another extremely lucrative ASIC mining market: "While Bitmain is likely to be the largest ASIC vendor (currently 70-80% of Bitcoin mining ASICs) and the first to market with this product, we have learned of at least three other companies working on Ethereum ASICs, all at various stages of development.""

https://www.techpowerup.com/242717/nvidia-amd-to-face-worsening-investment-outlook-as-bitmain-preps-to-launch-ethereum-asic

The end looks to be closing up hehe, soon your gpus will be only to bake potatoes hehe

i don't usually debate o iniciate a debate with morons with no argument to support what they are saying. but i´ll answer anyway.

Numbers for me are clear. ROI for me is more than two years and all of my cards were bought at very low prices. I bought them for half of the actual price. So i'm by no means a guy that jumped in for the hype at all costs. It got me 4 months to get my 10 cards, because i did not want to expend that much on this shitty business.

Someone said : Sell me your rigs. sorry, customs and price of shipping would ruin part of my profit. I prefer to sell them in Spain.

it's insteresting, because you know what? as prices go down, more miners run to ETH. We are currently at 249.000Gh/s. That tells me something. Even the most informed ones, know NOW that those coins that were farming are not giving any profit, that's why they switch to ETH when market is down.

Profit is a word that depends a lot on your view. For me 121€ is not worth the heat it generates, the headhaches you get, the hours monitoring, the attention it needs, and the danger if something burns. Maybe you like risks. Maybe you need them.

someone also said: don't come back when BTC hits ATH. Can you please tell me the argument, the idea, the data, the technical analysis and the news that you have to say that??? Nothing?? that's the type of bullshit i'm just fighting against. People telling you to believe in something just because they believe it.

To assume that everyone has a 1080ti to mine what?? ZEC?? VRT,SPD? JLG? GRLC? Even LUX??? 5$ per day per card??? only Lyra2ver2 right?? yes, because you need really shitty coins that noone mines to take your profit. That's smart of you . So you may have to convert them to BTC right? Yes, don't answer. You are a non convential miner. You are those that mine day per day or even a week, and trade inmediately for BTC. So you are actually using alt-coins to profit not to technology, because if that was your point, why do you sell it???

so you are telling me about technology and changing the world, but you use altcoins to get more BTC not supporting those alts technology. Nice of you!!!
He said, in a rather rude way, that you are changing the system. Are you so ignorant to believe that governments and banks are gonna allow you to change the world with crypto??? Maybe yes in a technological way, but not economicaly talking. They will NOT ALLOW YOU TO DO THAT.

He also said that crypto needs pioneers to run in front. Normally , those that run infront, are those that die the first. If that's what you want, take my blessing.

It would be nice to debate data, technical analysis instead of beliefs and thoughts. But this forum is full of crypto-radicals that are so blind that they cannot acknowledge reality.

as i already knew, you cannot change up my mind, because you have no clue of what's happening, you have no clue of when this will recover (or if it will eventually), and now, just now, your 1080 ti are taking the lead because of an algo that allows you to make more money per month than those AMD owners that , by now, should stick to ETH.

So.......you are telling me that mining is profitable. but you have to have a 1080ti. Also, you have to mine shitty coins. You also need to take a trader to trade it to BTC before it loses it's value or even disappears from your trader.

AMD owners have no option but to stay in the ETH algorithm, which is the one that is being crashed to hell at the moment.

talking about FUD actually needs and deserves a comment. Because it's the cotton proof. The more radical you are in defending cryptos, the more FUD you see alround. i see a lot of bad news, no FUD. i even see good news, but no changes. Market goes down and today. Today we are at prices of December 2017. So three months have gone to hell.

someone also said you don't want people like me here. Well, i don't like people like you here also, because you cant argument anything. Just hooligans of the crypto. And that shows me something. In my life i've seen that normally those who defend to the limit something, is because they live with that. I don't need crypto, that's why i say what i say. Maybe you need crypto to work because it's your only income.

And obviously, you don't want people talking about things. You need sheeps to continue buying coins and being shut up. I will continue telling people not to enter in crypto. They´ll only lose money.

Any tips regarding the upcoming monero fork?
Are guys gonna move your ati rigs towards the new algo for monero? What about the price of the monero? I hope it will rise.

with 314.7mh/s considering electricity costs (not even counting taxes to be applied in the future) , getting just 150$ dollars profit per month. 121€ in my country Spain (considering current value € --> $)

Let's clarify somethings here.

- No, there isn't a bull run. Don't let people mislead you.
- No, it's not profitable
- No, you will not ROI in years at current prices. Moreover if you bought it in the bubble.
- No, it's not worth the effort and headaches to keep it working
- No, don't believe in blind faith guys. Stick to reality. Watch the news, watch the market, analyse technical data and consider the high risk of mining and crypto in general.
- No, the market is not recovering. And it will not do it.
- No, the market has no good news to recover from the fall. has lost 60% capitalization of the hole cryptomarket and others like ETH has lost nearly 70% of value.
- No, regulations, taxes and the end of the anonymity proposed by many countries will not help either.
- No, your coins, and other users coins are insignificant compared to big whales. They are not in for technology. They don't care about that. They are in for profit , instant profit.

If investors, big ones, would believe in this cryptoworld, why are we not seeing huge amounts of big contracts to use it? Cryptocurrencies and their technical projects have been there for years. Why is it so that NOW, just NOW, we are seeing this? Is it because noone knew about this (which would probe developpers didn't do their job attracting money), or is it because now you can get profit trading

can you tell me a single company that could survive losing 50% of it's value?? do you guys know the meaning of TRUST??? very few people here say they've made profit. Most of them did it in December, but greed was greater than intellectual preparation, and they hold. Now they are in big losses.

BTW, my rigs are staying off. F. Off crypto.  


BTW (2) - ETH will enter PoS in just 4 months at current mining rates.

Gente, ...

1- CEO da AMD dizendo que GPU mining iria acabar em 2018.
2- Samsung no game. Samsung = grande escala de ASICs
3-Bitmain expandindo operações no mundo todo. Big money entrando.
4-Asiscs tomam conta de mais algos.

Em tese, não tem como segurar.




Ja confirmaram FORK se não me engano Monero, Sumo, Graft, Eletroneum e outras.
Estas outras confirmaram que iriam acompanhar o fork do Monero. Eletroneum mandou mensagens dúbias mas confirmou no FB, não oficialmente. Stand by pra ver o que acontece...

Mas algumas ainda não. Tb já tem mais de 20 moedas cryptonight...

But there is no list of participants

If you think that way, don't get upset when devs fork the coin whenever a ASIC pops up. If manufacturers don't respect the community and decides to steal, they deserve a big fuck you in their faces. Bitcoin community was too stupid to understand what was going on and now millions of USD invested in ASICs so it is too late to get out but monero community saw it through and forking away before things get out of hand.