Buy more GPU or go in FPGA ?

[xs.over]

nowadays mainly only miming hardware manufacturers and sellers earn money in crypto mining  sphere.
Better to buy crypto. more chances to earn some % in short terms

[mcun2000]

Mining has been brutal for those of us that jumped into it in 2018. I feel your pain about not ROI'ing for a long time on GPU, if ever at all.

Things are so uncertain right now that you will be placing a big bet if you go with FPGA. Like others say, research the hell out of that before you throw $20k at it.

So, I have a mix set of GPU miners (1080ti, Vega 56, rx 580) and Antminer L3+ miners. Basically, I wanted a diversified mining semi-pro mining operation. BUT almost every assumption that I have made about profitability has either been wrong or changed by foreseen circumstances.

Examples:

- Prices will not drop too much on coins overall - WRONG! Altcoins went to the dumpster this last month.
- 1080ti is very good at mining ZEC. Will make money - WRONG! ZEC mining profits are being killed by ASICS. And load and behold, with the EthEnlargementPill, 1080ti's are now killers at mining ETH, not ZEC!!!
- L3+ profit is comparable to S9 miner (when I bought them in March). WRONG! Bitmain had a firesale on L3+ ASICs, and litecoin prices tanked. LOL they are having a firesale on S9's now too (3 months after L3 firesafe)
- Vega is the best at mining. This has held true, but only because Monera hard forked to fight ASICs. If Monero did not fork, my Vega's would probably not be mining anything profitably.
- rx 580 is the most profitable at mining ETH. Nope. 1080ti is now. rx 580 is not profitable. For mining ANTHING! Turned off.

And you have storm clouds on the horizon:
- ETH thinking about reducing block rewards
- Bitcoin block reward halving in 2019 (?)
- Litecoin block reward having in 2020 (?)
- anyone's guest when prices will recover. My bet is that we are in a prolonged multi-year bear market for crypto.

Better to just buy the crypto while they are cheap and now and earn money doing what you are good at -- your day job!! Unless you have super cheap electricity, of course.

Just my humble opinion

[inexus]

i had 2 x 1080ti and i had the same hashrate on ethash.

so if i underestand im better to buy couple 1080ti ?


what algo you mine ?

[andrew4]

I wish I had a clear answer to give you. First of all you must see if you can i crease your profits. Check nicehash with auto algo profitability setting. Dont mine ethereum Zcash or ZEN, try to find asic resistant coins if you want to keep mining with gpu.

[leowonderful]

I'm also personally only investing in altcoins now, and I've stopped putting more money into mining rigs and parts as profitability's gone down the drain, and it'll likely continue going downwards. You don't need to be an experienced trader or anything of the sort to buy and sell coins; it is always possible to just buy low and sell high, which is what I've been primarily doing. Coin prices haven't been this low in a while, and it isn't a bad idea at the moment to put at least a bit for money into buying alts and BTC.

[nandro]

Bad time to scale the operation any bigger imo.  Profits are too low unless you have near free electricity so risk vs reward is heavily tilted one way.

With the kind of money your looking to put into it on top you could get a really nice solar setup which could aleviate your electricity cost issue and increase the profitability, but you would need to get the ROI on that as well.  Its one good poing is it would always have furure money saving applications.

[vuli1]

dificut decition, but I would not buy any new hardware for mining.

[Marvell2]

dificut decition, but I would not buy any new hardware for mining. for the moment, even with free electricity HI ROI.

with free electricity if such a thing exists id be rolling in your so called ROI , another drunk posting  on sunday i gues

[HashAltcoin]

Catch the opportunity of FPGA miner

In such a bear market environment, choosing FPGA mine is a way to avoid risks and increase profits.

hashaltcoin blackminer F1, $2500, 17.5$ daily, 142 ROI now.


Welcome to join our discord group : https://discord.gg/xG7v7ey
website: https://hashaltcoin.com/
You can have a trial.

[octominer]

Catch the opportunity of FPGA miner

In such a bear market environment, choosing FPGA mine is a way to avoid risks and increase profits.

hashaltcoin blackminer F1, $2500, 17.5$ daily, 142 ROI now.


Welcome to join our discord group : https://discord.gg/xG7v7ey
website: https://hashaltcoin.com/
You can have a trial.

Seems kind of fishy. Do you have any verified reviews of your units and where are your offices based at?
Team Octominer can come to your office to verify the product and post reviews. We can also help with distribution if you have a LEGIT product. 

[Sanguintan]

nowadays mainly only miming hardware manufacturers and sellers earn money in crypto mining  sphere.
Better to buy crypto. more chances to earn some % in short terms

When the GPU price is low and your electricity price is low, it is OK to buy the GPU for mining. Otherwise, it is better to buy the coins directly.

[badbart]

I have cheap electricity $.049 and I wouldn’t buy GPUs.  I’m running 50 gpus and 7 ASICS and the gpus are hardly worth running.  I’m tempted to shut down the gpus and replace with one or two ASICs but I’m not sure the ASICs will ever ROI.

[lordvek]

If I had some spare money I would get some used 1080tis and Vegas cheap from a reliable source,
but not too many. FPGAs are too mysterious right now and teir payoff will be long enough.

[deskless]

I grabbed 3 470s last month for around 110 dollars. May grabbed few more if the lower price continues.
FPGAs are too expensive for me

[almonk]

Isn't it better to invest in solar panels now?

[AlecMe]

are you using https://www.whattomine.com/coins?utf8=✓&adapt_q_280x=0&adapt_q_380=0&adapt_q_fury=0&adapt_q_470=0&adapt_q_480=3&adapt_q_570=0&adapt_q_580=40&adapt_580=true&adapt_q_vega56=0&adapt_q_vega64=0&adapt_q_750Ti=0&adapt_q_1050Ti=0&adapt_q_10606=1&adapt_q_1070=10&adapt_1070=true&adapt_q_1070Ti=0&adapt_q_1080=3&adapt_q_1080Ti=1&adapt_q_2080=1&eth=true&factor%5Beth_hr%5D=1508.0&factor%5Beth_p%5D=6600.0&zh=true&factor%5Bzh_hr%5D=430.0&factor%5Bzh_p%5D=1300.0&cns=true&factor%5Bcns_hr%5D=44000.0&factor%5Bcns_p%5D=5700.0&cnh=true&factor%5Bcnh_hr%5D=44000.0&factor%5Bcnh_p%5D=5700.0&cn7=true&factor%5Bcn7_hr%5D=41700.0&factor%5Bcn7_p%5D=5700.0&eq=true&factor%5Beq_hr%5D=15900.0&factor%5Beq_p%5D=6000.0&lre=true&factor%5Blrev2_hr%5D=1865000.0&factor%5Blrev2_p%5D=6500.0&ns=true&factor%5Bns_hr%5D=44300.0&factor%5Bns_p%5D=7300.0&tt10=true&factor%5Btt10_hr%5D=583.0&factor%5Btt10_p%5D=6500.0&x16r=true&factor%5Bx16r_hr%5D=420.0&factor%5Bx16r_p%5D=6900.0&l2z=true&factor%5Bl2z_hr%5D=54.0&factor%5Bl2z_p%5D=6100.0&phi2=true&factor%5Bphi2_hr%5D=56.0&factor%5Bphi2_p%5D=1300.0&xn=true&factor%5Bxn_hr%5D=103.0&factor%5Bxn_p%5D=6100.0&hx=true&factor%5Bhx_hr%5D=110.0&factor%5Bhx_p%5D=1300.0&phi=true&factor%5Bphi_hr%5D=830.0&factor%5Bphi_p%5D=6500.0&factor%5Bcost%5D=0.039&sort=Profitability24&volume=0&revenue=24h&factor%5Bexchanges%5D%5B%5D=&factor%5Bexchanges%5D%5B%5D=binance&factor%5Bexchanges%5D%5B%5D=bitfinex&factor%5Bexchanges%5D%5B%5D=bittrex&factor%5Bexchanges%5D%5B%5D=cryptobridge&factor%5Bexchanges%5D%5B%5D=cryptopia&factor%5Bexchanges%5D%5B%5D=hitbtc&factor%5Bexchanges%5D%5B%5D=poloniex&factor%5Bexchanges%5D%5B%5D=yobit&dataset=Main&commit=Calculate ? ?

[chrisbfrpky]

Isn't it better to invest in solar panels now?

THIS ^^^^

[coinzzzpro]

Mining has been brutal for those of us that jumped into it in 2018. I feel your pain about not ROI'ing for a long time on GPU, if ever at all.

Things are so uncertain right now that you will be placing a big bet if you go with FPGA. Like others say, research the hell out of that before you throw $20k at it.

So, I have a mix set of GPU miners (1080ti, Vega 56, rx 580) and Antminer L3+ miners. Basically, I wanted a diversified mining semi-pro mining operation. BUT almost every assumption that I have made about profitability has either been wrong or changed by foreseen circumstances.

Examples:

- Prices will not drop too much on coins overall - WRONG! Altcoins went to the dumpster this last month.
- 1080ti is very good at mining ZEC. Will make money - WRONG! ZEC mining profits are being killed by ASICS. And load and behold, with the EthEnlargementPill, 1080ti's are now killers at mining ETH, not ZEC!!!
- L3+ profit is comparable to S9 miner (when I bought them in March). WRONG! Bitmain had a firesale on L3+ ASICs, and litecoin prices tanked. LOL they are having a firesale on S9's now too (3 months after L3 firesafe)
- Vega is the best at mining. This has held true, but only because Monera hard forked to fight ASICs. If Monero did not fork, my Vega's would probably not be mining anything profitably.
- rx 580 is the most profitable at mining ETH. Nope. 1080ti is now. rx 580 is not profitable. For mining ANTHING! Turned off.

And you have storm clouds on the horizon:
- ETH thinking about reducing block rewards
- Bitcoin block reward halving in 2019 (?)
- Litecoin block reward having in 2020 (?)
- anyone's guest when prices will recover. My bet is that we are in a prolonged multi-year bear market for crypto.

Better to just buy the crypto while they are cheap and now and earn money doing what you are good at -- your day job!! Unless you have super cheap electricity, of course.

Just my humble opinion

I support your opinion!

In mining they make good money:

1) hardware manufacturers,
2) software creators,
3) ASICS seller.

it is not clear what will happen to the blockchain of most cryptocurrencies, if it becomes more centralized. Where there's cheap electricity.

[abstractHaze]

luno so sour. kids can't mine with mom and dads elec . cause we all lose profit vs the mega farms. the shit u say bro.