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Author Topic: How many of you are GPU only miners?  (Read 1347 times)
mak013
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May 07, 2019, 07:55:53 AM
 #61

My GPUs paid themselves about 1.5 year ago. Now i have no power reserve that`s why it is a good time to upgrade my GPUs to 20xx. But they are still mining well and gives me not bad profit. If someone is saying that mining is unprofitable - he is newbie or lamer mostly.

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CryptoLing
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May 07, 2019, 08:57:33 AM
 #62

Most of Altcoin miner use GPU like you too because we can mine many types of coin and when we can a new good project we can shift our computational power. ASIC, however, just let you mine on specific algo and sometime just stuck mining unprofitable.
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May 07, 2019, 10:13:03 AM
 #63

How many of you are GPU only miners?  I have 75 GPUS running for 2 years with 4.2 kwh electricity and the GPUS are consistent making money and paid the themselves off 18 months ago.  I'm planning on slowly expanding but I don't see any reason to buy ASICs, the ASICs I've had have been 50/50 profitable.  With GPUs they also have high resale value if you want to close up shop and liquidate everything.


Have always been a GPU minner and it serves me perfectly, a friend of mine thought he would advance by going for ASICs and funny enough he is back to GPU
gpus are better overall, they can also be used to do several other things like rendering, training ai or machine learning etc. not just mining like with asics. i would choose gpus over asics anytime.
Did you know that? that's why asic mining is more profitable than GPU mining right now. ASIC has been focusing its advantage to create an effective and efficiency for mining purpose and with only an asic mining rig and we can earn some pennies. Basically, who has used GPU and make it as his mining rig will always try to put all of the performance of its GPU to mining altcoin.
I guess he was using another GPU to do another job like what you have been mentioned in your thread.

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May 07, 2019, 11:04:46 AM
 #64

one here, if any gpu mining is meaningful it would be Polaris followed by underpriced VEGA 56/64 rest imo are not bad but less efficient specially latest VEGA/Nvidia FPGAs too but the ridiculous capital is not justified imo.
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May 07, 2019, 11:20:54 AM
 #65

How many of you are GPU only miners?  I have 75 GPUS running for 2 years with 4.2 kwh electricity and the GPUS are consistent making money and paid the themselves off 18 months ago.  I'm planning on slowly expanding but I don't see any reason to buy ASICs, the ASICs I've had have been 50/50 profitable.  With GPUs they also have high resale value if you want to close up shop and liquidate everything.


Have always been a GPU minner and it serves me perfectly, a friend of mine thought he would advance by going for ASICs and funny enough he is back to GPU
gpus are better overall, they can also be used to do several other things like rendering, training ai or machine learning etc. not just mining like with asics. i would choose gpus over asics anytime.
Did you know that? that's why asic mining is more profitable than GPU mining right now. ASIC has been focusing its advantage to create an effective and efficiency for mining purpose and with only an asic mining rig and we can earn some pennies. Basically, who has used GPU and make it as his mining rig will always try to put all of the performance of its GPU to mining altcoin.
I guess he was using another GPU to do another job like what you have been mentioned in your thread.
It also seems to me that, in principle, now mining on the GPU only comes up in a situation where video cards have already been acquired or are simply needed for other tasks and can be used for mining as far as possible.
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May 07, 2019, 01:09:19 PM
 #66

My GPUs paid themselves about 1.5 year ago. Now i have no power reserve that`s why it is a good time to upgrade my GPUs to 20xx. But they are still mining well and gives me not bad profit. If someone is saying that mining is unprofitable - he is newbie or lamer mostly.
indeed mining cryptocurrency using that much GPU can get a lot of profits but it must take a long time to get ROI, patience which is very important when mining and prices in exchange for falling can be a big threat to miners.

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May 07, 2019, 06:39:43 PM
 #67

I have only couple GPU in my home PC - gtx970 and gtx970.
gtx970 old enough and I want to change it to something newer.
What is the most optimal GPU now in terms of price / performance (Nvidia)?
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May 07, 2019, 09:28:56 PM
 #68

At your electricity prices most coins would still be slightly profitable. A lot of other people have much more expensive electricity.

With your 75 gpus, are you finding that your Nvidia or Amd is best value?
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