Hello people.

We all know current situation on the GPU market is not exactly bright. So I was thinking about actually buying used R9 290X AMD cards. Now this card is old, but its a beast of a card still. I have one at home mining ethereum at 28.2 MH/s without overclocking. I just have the bios moded for lower consumption. If I OC this beast it mines 31 MH/s but its not stable. It seems my card had not the most quality RAM.

Anyway its not only ETH hash rate that is impressive but also other algos. It does (stock settings):

- Ethereum: 28.2 MH/s
- Neoscrypt: 1 MH/s. Yes it does 1000 KH/s. Very impressive
- Equihash (ZCash): 360 Sol/s
- Cryptonight: 760 H/s

Its a very versatile and powerfull card. Now ofc the bad part. Its a power hog. It can literally use 280-300 W from the wall. It can be optimized but I did not yet try how much low I could get. Now the good thing is I pay around 0.06$ per KWh so electricity is cheap here. The card can be bough at around 280$ on Ebay.

The question I can't seem to answer is: Is it worth it?

I mean with current prices of cards its a great deal looking power / price wise. Also while RX 580 and other newer cards are mostly one trick ponnies this card is very versatile and can mine basically any popular coin efficiently. But yea the consumption is horrible.

Your thoughts on it?

Thats great news. I really like how this project is developing and what potential it has. I am supporting it from the very start, with mining and investing in it.

Keep up the good work.

I think its real. And they have been using it for the last few months. If you look at Monero dificulty rising it suggests just that. Also remember the spikes at IPBC dificulty recently. My take on it is that Baikal was mining the last few months with it and now they are dumping used units on miners because Monero is hard forking. You can already buy it btw.

I would do a fork to make sure that IPBC stays ASIC resistant.