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Author Topic: Ethereum mining still profitable?  (Read 131197 times)
vasrasus
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August 22, 2016, 01:27:02 PM
 #1021

New all time high difficulty on saturday





If you include the hash rate for the ETC, the difficulty is 20% higher. So If the ETC is not mined as much, the difficulty of the ETH will be much higher.

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August 23, 2016, 07:57:35 AM
 #1022

New all time high difficulty on saturday





If you include the hash rate for the ETC, the difficulty is 20% higher. So If the ETC is not mined as much, the difficulty of the ETH will be much higher.

Its still the slowest growth in months.

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August 23, 2016, 08:02:03 AM
 #1023

It's because some ppl have moved their rigs to mine Etherum Classic.

Team Black Miner (ETHB3 ETH ETC VTC KAWPOW FIROPOW MEOWPOW + dual mining + tripple mining.. https://github.com/sp-hash/TeamBlackMiner
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August 23, 2016, 08:03:38 AM
 #1024

If you include the hash rate for the ETC, the difficulty is 20% higher. So If the ETC is not mined as much, the difficulty of the ETH will be much higher.

If ETC keep dropping, ppl will move their rigs back to etherum and 20% higher diff. But If this happens I expect the Etherum price to climb around 20% as well.

Team Black Miner (ETHB3 ETH ETC VTC KAWPOW FIROPOW MEOWPOW + dual mining + tripple mining.. https://github.com/sp-hash/TeamBlackMiner
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August 23, 2016, 08:03:42 AM
 #1025

Yes including ETC, its only about a 15% growth in 1 month.

Very low compared to the previous months

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August 23, 2016, 08:09:54 AM
 #1026

If you include the hash rate for the ETC, the difficulty is 20% higher. So If the ETC is not mined as much, the difficulty of the ETH will be much higher.

If ETC keep dropping, ppl will move their rigs back to etherum and 20% higher diff. But If this happens I expect the Etherum price to climb around 20% as well.

The Ethereum total hashing is about 20% higher than a month ago. I think if the trend continue, it will not be profitable for many people in winter.
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August 23, 2016, 08:57:48 AM
 #1027

If you include the hash rate for the ETC, the difficulty is 20% higher. So If the ETC is not mined as much, the difficulty of the ETH will be much higher.

If ETC keep dropping, ppl will move their rigs back to etherum and 20% higher diff. But If this happens I expect the Etherum price to climb around 20% as well.

The Ethereum total hashing is about 20% higher than a month ago. I think if the trend continue, it will not be profitable for many people in winter.

That's quite ok. These rigs make great heat for winter.  Better then paying to run a heater that returns 0. I'd rather run a mining rig and at least get something back for my effort and cost of power.

As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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August 23, 2016, 11:04:14 AM
 #1028

no need for modded bios, no need for modded drivers, no need for disabled signature and other checks. Just few sliders in AfterBurner ))
at 2x price...
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August 23, 2016, 11:10:29 AM
 #1029

More power in linux - with on-the-fly runtime changes - than Polaris BIOS editor gives you with flashing (NSFW): http://ottrbutt.com/tmp/custom-editor.jpg

Goddamn I love this driver. You need to write your own tools, but the functionality is there. That's just a small part of what I can control.
is that new AMD's API?
does it allow you to change voltage?

It's the new kernel driver in Linux

yeah i found it but it states this is for amdgpu driver, which is "open source graphics driver for the latest AMD Radeon graphics cards".
does amdgpu suports opencl mining?

have control over every item listed there, and plenty more not listed besides :3

did you check it actually changes voltage?
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August 23, 2016, 01:17:03 PM
 #1030

ok that's good news for linux users...
but do amdgpu driver support opencl/mining ?
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August 23, 2016, 06:59:45 PM
 #1031

I still don't have any Radeon  4*0 series so do not know drivers required but i love they made such possibily...
Wolf are you planning to release voltage control utility?
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August 23, 2016, 08:49:53 PM
 #1032

okay maybe i will look into this new API myself
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August 24, 2016, 01:27:05 AM
 #1033

okay maybe i will look into this new API myself

It's not an API - it's the pp_table entry in the device folder of sysfs - if you can figure out the format, read it, parse it, write to it, and the AMDGPU driver will reset and load it.

All I can read from it is binary :/
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August 24, 2016, 04:50:06 PM
 #1034

even 1 month ago, I was earning $1.5 from a single gpu. Today $1 is hard to earn. Still people are mining ethereum ?
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August 24, 2016, 05:08:15 PM
 #1035

even 1 month ago, I was earning $1.5 from a single gpu. Today $1 is hard to earn. Still people are mining ethereum ?

with dual mining it's still above $1.5 for a 1070, actually nearly $2 depend on electricity
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August 24, 2016, 05:12:55 PM
 #1036

even 1 month ago, I was earning $1.5 from a single gpu. Today $1 is hard to earn. Still people are mining ethereum ?

with dual mining it's still above $1.5 for a 1070, actually nearly $2 depend on electricity

what about 1080 is it still profitable ?? i was planning to buy a couple specially for this . if its worth it i will go for it ... please help
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August 24, 2016, 05:14:54 PM
 #1037

even 1 month ago, I was earning $1.5 from a single gpu. Today $1 is hard to earn. Still people are mining ethereum ?

with dual mining it's still above $1.5 for a 1070, actually nearly $2 depend on electricity

what about 1080 is it still profitable ?? i was planning to buy a couple specially for this . if its worth it i will go for it ... please help

The 1080 is not good for the Ethereum mining. It is GDDR5X memory, that is not suitable for the Ethereum mining.
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August 24, 2016, 05:20:24 PM
 #1038

even 1 month ago, I was earning $1.5 from a single gpu. Today $1 is hard to earn. Still people are mining ethereum ?
I think they are still mining because they already made a profit in mining. also i think thats why the earnings in ethereum mining right now is low because many people are mining it.

Solving blocks can't be solved without my rigs.
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August 24, 2016, 05:27:48 PM
 #1039

I think it depends if what GPU are you using if you have only low specs of GPU you can only earn cents per day.. now many people are mining ethereum so the rewards is decreasing and many people are buying more effective and high performance GPU and increase the GPU in there mining rig..
So if you have more GPU mining its still profitable..
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August 25, 2016, 07:21:23 AM
 #1040

I think it depends if what GPU are you using if you have only low specs of GPU you can only earn cents per day.. now many people are mining ethereum so the rewards is decreasing and many people are buying more effective and high performance GPU and increase the GPU in there mining rig..
So if you have more GPU mining its still profitable..

That is right. If you have the old GPU like the 7970, the efficiency is low, it will become less profitable soon.

If it is RX480, it is more profitable.
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