Agreed, still need to meassure at the wall. Well the reported usage is 94w. I can tell more when I do at the wall meassuring

Yea while 5700 does 53 MH at 94 wat.

Agreed. I personally would wait for the new 7nm Vega. As it will have new tech and it looks really powerful on paper. Or yes buy a used 1080ti.

Completely agree.

The grin C31 hashrate is specified there. And yes I know the purpose, but it risky.

https://gpuminer.sapphiretech.com/Radeon-RX-570-16GB-Blockchain/

If this is legit.

Also if it is the price is way to high for such an old card. I would rather buy the new 7nm vega if that is the case.

Yes, actually Saphire will soon release a 16GB RX 570 that will be able to mine both algos. The GPU also needs 8GB and the ASIC friendly one 11GB if I recall correctly.

Profit wise grin and beam are quite profitable. For grin though you need 8GB cards.

Profit wise its currently ok. But its terribly overhyped project that launched half baked. No proper wallet and you need to transfer TXT files around to move coins. Really I mean....
On top of that it has flat emmision forever so it will just inflate and lose value.

Good explanation, thank you. I don't agree completely that you cannot do that with GPU, but I know what you mean.

Can you elaborate, I missed the point. Maybe I am just dumb lol.
However I still don't see the value in these miners. As said they are good machines, easiest to use FPGA, but in the current market FPGA are not as good as they were advertised. Buying mining equipment at this time is a gamble for sure, but with GPUs I can mine Grin, BEAM, Veil or any new coin that just came out and at least score a jackpot from speculative mining or join an early train with some profitable coin. For instance if ETH goes ProgPow I can mine it with GPU but not with FPGA. And you are also dependent on the algos they provide. The profitability would have to be way better for such limitations and thus the ROI shorter. 2 year ROI is just not going to cut it.

Its a good machine, but in current market not so much better then GPUs. Specially considering the price. I would go so far as to say that with cheap power its even worse because you cannot speculative mine new coins.

You cannot buy them its private farms.

FPGA

I wonder sometimes if we live in a different world. There are some trolls in mine, but you seem to meet them every second

Exactly. Thats why I will only buy one to play arround. I can still use it for VR and gaming if nothing else. But buying more will require a good timing and is dependent on the market moves as well as FPGA developments.

I agree with you here. Although I think most should be accumulated in BTC. Maybe it will not go up most but its the safest bet. In my mind it will become a store of value, like digital gold. But yes this year whatever you buy and its not a shitcoin can only go up.

Runs rock stable on my Hive rigs. Its faster then opencl-beam miner but uses more power.

You are the guy that only miner ETH all the time right? There are other algos. As I said ethash is dead for GPU mining sooner or later. Sooner probably. New PoW coins are still comming out and older are forking to new algos. Grin just launched yesterday.

Noone is arguin buying GPUs today is a very bad idea and again if you actually read what I wrote I said so. However saying there will be no market reversal is just plain speculation. I am sure there will be just not probably this year. I expect a new long bull run next year based on logarithmic charts. Again speculation sure. But if you don't risk it there is no gains. Mining is far far from dead. PoW showed many weaknesses but its not going nowhere because there is not real competitor here yet to be widely adopted. Also PoW actually makes cost to printing money opossed to some "lets just make 1 billion coins and put them in circulation" method. There is room for PoW to evolve.

I bet the same situation was already played out years back. Its the same repeating cycle. The only thing I really see is FPGA taking a big chunk of GPU market so on the next run GPUs will not have the same crazy profitability as in 2017. But they will be profitable again.

P.S.
The same mistake as the guy who mined like 10.000 ETH and sold them all to not even cover the price of equipment he bought. You should see his blog post after the 2017 run

Did you actually read what I wrote? But if there is going to be a market reversal then its important to enter at the smart point in time not again buy GPUs at all time high prices.