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Author Topic: The last month is among us..  (Read 12100 times)
thepwnorbpwnd (OP)
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November 05, 2012, 12:38:58 AM
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For GPU miners, we have our last month of profitability on the menu.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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legitnick
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November 05, 2012, 02:28:07 AM
 #2

ASIC is a lie  Cheesy

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girafon
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November 05, 2012, 04:53:46 AM
 #3

ASIC is a lie  Cheesy

If they finally appear, they may have their last month a month or two later too Smiley
(so many people may join the game, making those shiny boxes decorative only :p )
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November 05, 2012, 01:38:18 PM
 #4

For GPU miners, we have our last month of profitability on the menu.

sell up ya GPUs and order some ASICS!

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November 05, 2012, 05:14:41 PM
 #5

i hope rates go up  Wink
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November 05, 2012, 05:20:15 PM
 #6

Things that can happen;

1) Keep my GPU,s mining or buy replacement devices called AsIc, untill today are compleet AIR units
2) A bunch of guys on this forum will get some red XXXXX through there names.

So we will see witch one it will be..very very very soon..........

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ryann
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November 05, 2012, 05:39:40 PM
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For GPU miners, we have our last month of profitability on the menu.

They said that last month and the month before and will continue to say it for a few more months.
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November 05, 2012, 10:55:58 PM
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i hope rates go up  Wink

I hope GPU prices go down Cheesy
Jack1Rip1BurnIt
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November 06, 2012, 12:42:50 AM
 #9

Im pretty sure there is going to be a super flood of gpus before Christmas and that should bring the prices down for some time.

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November 06, 2012, 01:11:17 AM
 #10

I can't decide whether to sell my gpus before christmas when the demand is higher or wait until the flood of gpus is off the market and the prices go back up.  Thoughts anyone?

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Stephen Gornick
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November 06, 2012, 01:18:23 AM
 #11

I can't decide whether to sell my gpus before christmas when the demand is higher or wait until the flood of gpus is off the market and the prices go back up.  Thoughts anyone?

Dump at block 210,000.  Not a minute sooner, and not any later. 

Let the miners who then move on to dabble with Litecoin be the ones to sell their GPU hardware in 2013.

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BitCoiner2012
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November 06, 2012, 02:20:57 AM
 #12

I am happily making money with GPU and will continue to do so with my GPUs until it is no longer profitable. I calculate profitability after the split with my GPUs, however I am not anticipating ASIC delivery in a timely manner or in relation to that event.

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November 06, 2012, 02:50:21 AM
 #13

GPU miners have all the time in the world to sell their cards, it is not like they are going to be irrelevant overnight. The market for these cards ranges from gamers to academics setting up GPU supercomputing and everything in between will not recede any time soon. In fact GPU miners should already have amortized their rig many many times over...
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November 06, 2012, 07:02:00 AM
 #14

Buy gpus for half price
mine on solar power
? ? ? ? ?
profit

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November 06, 2012, 07:02:27 AM
 #15

I could just give away my gpu,s  and still walk away with profit so they keep burning as long as they can, my 7970,s still bring some cashback also my 6990 and 5970 are still high end cards for gamers, stockbrokers ect. even at a dumpprice, because i bought al of them 2nd hand myself win win 4 me ...

maybe i will be a little bit late IF asic,s are for real but when they are on stock (because asic fabs promises to make 900 devices a day,  Roll Eyes ) i just buy and invest in them to.. maybe even for less money then most pre-order guys paid and i will catch up very very fast without the risk of getting riped off..and still making more BTC then most of u waiting and waiting and waiting to unbox your device wich will be wurthless if u got only 1 or 2 devices running like having 1 or 2 GPU,s running these days....  Cheesy Cheesy Cheesy

Im pretty sure there is going to be a super flood of gpus before Christmas and that should bring the prices down for some time.

Im pretty sure there is going to be ZERO asic,s deleverd before Christmas also...

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November 06, 2012, 07:34:02 AM
 #16

I calculate profitability after the split with my GPUs,

You would be in the extreme minority then.

What do you pay for electricity?

I ran the numbers and find that about $0.11 per kWh is breakeven on the most efficient GPU configurations.  So unless you are paying like $0.07 per kWh or less there's no point in GPU mining after block 210,000  (unless difficulty takes a dive from other GPU miners dropping out).

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BitCoiner2012
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November 06, 2012, 08:30:48 AM
 #17

I calculate profitability after the split with my GPUs,

You would be in the extreme minority then.

What do you pay for electricity?

I ran the numbers and find that about $0.11 per kWh is breakeven on the most efficient GPU configurations.  So unless you are paying like $0.07 per kWh or less there's no point in GPU mining after block 210,000  (unless difficulty takes a dive from other GPU miners dropping out).
Fancy that, I pay 65/75 :-). I haven't found a calculator that accurately emulates what I see pooling.

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bels
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November 06, 2012, 04:09:06 PM
 #18

I calculate profitability after the split with my GPUs,

You would be in the extreme minority then.

What do you pay for electricity?

I ran the numbers and find that about $0.11 per kWh is breakeven on the most efficient GPU configurations.  So unless you are paying like $0.07 per kWh or less there's no point in GPU mining after block 210,000  (unless difficulty takes a dive from other GPU miners dropping out).

I wonder if .09 /kWh still makes money after 210,000.  Time to hit up some calculators.

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bels
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November 06, 2012, 04:11:18 PM
 #19

Anyone know of any calculators that allow you to change out the BTC payout rate?

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November 06, 2012, 04:12:55 PM
 #20

I wonder, with GPU's dropping off because of reward halving, if diff will substantially decrease till ASIC's make their way in. If thats the case, imagine if diff fell by 30% or more... rofl, then we'd see more gpu's coming back online till ASIC. It will be interesting to watch!

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