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sanadas
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May 11, 2016, 03:33:21 PM |
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So when the good graphics cards come out next month, there is no point of buying them as the difficulty is too high.
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QuintLeo
Legendary
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Activity: 1498
Merit: 1030
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May 12, 2016, 07:23:08 AM
Last edit: May 12, 2016, 09:56:49 AM by QuintLeo |
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So when the good graphics cards come out next month, there is no point of buying them as the difficulty is too high.
It's very iffy to even buy used cards NOW just for Ethereum - even the more efficient options might not manage to ROI. Now, if you have other uses for those cards after Ethereum gets to be unprofitable for you, or when it goes PoS, THEN it might be worth buying them and mining with them for a while first. I just wish I could get my HD 7870 working on Ethereum - trying one last possibility tonight, but so far it's looking to be giving me the same complaints at the same places. (Edit) Eueka, I found the clue I needed, now hashing with my 7870 FINALLY! Turns out I didn't have enough SYSTEM ram. 2 Gig wasn't QUITE enough, 4 Gig is working. Sadly, I'm not seeing anywhere near the "reported" hashrates on other folks 7870s - but I suspect that is the "gradual deterioration in hashrate as the DAG files get bigger" issue at work, 12 Mhash at about 100 watts card usage isn't TOO shabby though. One thing I have figured out, this card is VERY VERY picky about memory speed setting - too high is actually WORSE than too low, optimal is just a hair above "stock" at which point it's all about the core clock. Dunno if that applies to all 7870s or just certain models though. |
I'm no longer legendary just in my own mind!
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Unacceptable
Legendary
Offline
Activity: 2212
Merit: 1001
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May 12, 2016, 10:43:47 AM |
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Well,it's only worth it if you only need the vid cards.I already had 3 PCs sitting around gathering dust from the GPU BTC mining days with 1 7970  Just needed one card (got a 380 on sale) & gettin ready to get another  I found out about that minimum 4gig ram thing the hard way too  |
"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole." -Raylan Givens Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan  |
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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May 12, 2016, 11:57:33 AM |
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So when the good graphics cards come out next month, there is no point of buying them as the difficulty is too high.
It's very iffy to even buy used cards NOW just for Ethereum - even the more efficient options might not manage to ROI. Now, if you have other uses for those cards after Ethereum gets to be unprofitable for you, or when it goes PoS, THEN it might be worth buying them and mining with them for a while first. I just wish I could get my HD 7870 working on Ethereum - trying one last possibility tonight, but so far it's looking to be giving me the same complaints at the same places. (Edit) Eueka, I found the clue I needed, now hashing with my 7870 FINALLY! Turns out I didn't have enough SYSTEM ram. 2 Gig wasn't QUITE enough, 4 Gig is working. Sadly, I'm not seeing anywhere near the "reported" hashrates on other folks 7870s - but I suspect that is the "gradual deterioration in hashrate as the DAG files get bigger" issue at work, 12 Mhash at about 100 watts card usage isn't TOO shabby though. One thing I have figured out, this card is VERY VERY picky about memory speed setting - too high is actually WORSE than too low, optimal is just a hair above "stock" at which point it's all about the core clock. Dunno if that applies to all 7870s or just certain models though. at present if one 1070 can do 12.5 MH and consume only 30w, this is fucking profitable, i would invest immediately it consume 5 euro against a 25 euro earning per month, if they can maitain that ratio with a boost in the hash, genoil can work on it i think, it would be amazing |
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GeneralNazrin
Newbie
Offline
Activity: 5
Merit: 0
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May 12, 2016, 12:51:35 PM |
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Hello guys....i got question about ethereum ...
1) What do i need for PoS mining rig? (RIP GPU for PoS)
2) Will ethereum use the PoW after the launch of PoS ?
( I currently mining Ethereum than trade to Bitcoin then sell it with USD every month...so i afraid if PoS will give me problem because i heard a news the PoS require me to Hold the Coins to gain coins)
3) Is there any other coins that use GPU to mine which will gave me profit like Ethereum?
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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May 12, 2016, 01:03:07 PM |
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Hello guys....i got question about ethereum ...
1) What do i need for PoS mining rig? (RIP GPU for PoS)
2) Will ethereum use the PoW after the launch of PoS ?
( I currently mining Ethereum than trade to Bitcoin then sell it with USD every month...so i afraid if PoS will give me problem because i heard a news the PoS require me to Hold the Coins to gain coins)
3) Is there any other coins that use GPU to mine which will gave me profit like Ethereum?
pos is not meant to be mined with gpu or asic or anything, it use no eenergy and your hash is your balance, unless it is done liek decred... |
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ammi84
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May 12, 2016, 01:50:32 PM |
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Posum578
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May 12, 2016, 02:03:31 PM |
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So when the good graphics cards come out next month, there is no point of buying them as the difficulty is too high.
It's very iffy to even buy used cards NOW just for Ethereum - even the more efficient options might not manage to ROI. Now, if you have other uses for those cards after Ethereum gets to be unprofitable for you, or when it goes PoS, THEN it might be worth buying them and mining with them for a while first. I just wish I could get my HD 7870 working on Ethereum - trying one last possibility tonight, but so far it's looking to be giving me the same complaints at the same places. (Edit) Eueka, I found the clue I needed, now hashing with my 7870 FINALLY! Turns out I didn't have enough SYSTEM ram. 2 Gig wasn't QUITE enough, 4 Gig is working. Sadly, I'm not seeing anywhere near the "reported" hashrates on other folks 7870s - but I suspect that is the "gradual deterioration in hashrate as the DAG files get bigger" issue at work, 12 Mhash at about 100 watts card usage isn't TOO shabby though. One thing I have figured out, this card is VERY VERY picky about memory speed setting - too high is actually WORSE than too low, optimal is just a hair above "stock" at which point it's all about the core clock. Dunno if that applies to all 7870s or just certain models though. at present if one 1070 can do 12.5 MH and consume only 30w, this is fucking profitable, i would invest immediately it consume 5 euro against a 25 euro earning per month, if they can maitain that ratio with a boost in the hash, genoil can work on it i think, it would be amazing If it can do 12.5 MH with 30W, I will not buy it. The proportion of the system power overhead is too high. |
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asrilani
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May 12, 2016, 02:28:12 PM |
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For the 1070, if we can do some dual mining, use both the Core and memory bandwith, that will be good.
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catlove
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May 12, 2016, 02:34:52 PM |
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For the 1070, if we can do some dual mining, use both the Core and memory bandwith, that will be good.
Yes, I have two mining rigs on my balcony. The electricy cost is around 7 Euro per day, the total turnout is currently around 11 Euro a day. But that's only possible due to the very high Ether value. |
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Tmdz
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May 12, 2016, 03:57:59 PM |
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Hashrate is taking a HUGE jump today  Its reporting 2900 mh so a maybe a new farm went online or upgrades completed on a old one. I have my hardware paid for now and ive been slowly ordering some parts to build a new budget rig, just mobo, cables and stuff I have extra cpu's and psu's. But im starting to reconsider if I should really jump in with some new gpus the way difficulty is going. In a month there might be very very little profit if this trend continues, say in a month we hit 4'000 gh then the profit will be slim and from there how much further will the hash get pushed. |
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GeneralNazrin
Newbie
Offline
Activity: 5
Merit: 0
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May 12, 2016, 05:49:21 PM |
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Hello guys....i got question about ethereum ...
1) What do i need for PoS mining rig? (RIP GPU for PoS)
2) Will ethereum use the PoW after the launch of PoS ?
( I currently mining Ethereum than trade to Bitcoin then sell it with USD every month...so i afraid if PoS will give me problem because i heard a news the PoS require me to Hold the Coins to gain coins)
3) Is there any other coins that use GPU to mine which will gave me profit like Ethereum?
pos is not meant to be mined with gpu or asic or anything, it use no eenergy and your hash is your balance, unless it is done liek decred... Okay...btw what do you mean about my hash is my balance? i did not get that part. |
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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May 12, 2016, 07:41:15 PM |
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Hello guys....i got question about ethereum ...
1) What do i need for PoS mining rig? (RIP GPU for PoS)
2) Will ethereum use the PoW after the launch of PoS ?
( I currently mining Ethereum than trade to Bitcoin then sell it with USD every month...so i afraid if PoS will give me problem because i heard a news the PoS require me to Hold the Coins to gain coins)
3) Is there any other coins that use GPU to mine which will gave me profit like Ethereum?
pos is not meant to be mined with gpu or asic or anything, it use no eenergy and your hash is your balance, unless it is done liek decred... Okay...btw what do you mean about my hash is my balance? i did not get that part. the more coins you have the more coin you will "mine" with pos, your balance = your hash |
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Zaducis
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May 13, 2016, 07:05:16 AM |
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Hashrate is taking a HUGE jump today Its reporting 2900 mh so a maybe a new farm went online or upgrades completed on a old one. I have my hardware paid for now and ive been slowly ordering some parts to build a new budget rig, just mobo, cables and stuff I have extra cpu's and psu's. But im starting to reconsider if I should really jump in with some new gpus the way difficulty is going. In a month there might be very very little profit if this trend continues, say in a month we hit 4'000 gh then the profit will be slim and from there how much further will the hash get pushed. The difficulty is rising too fast, in a few months, only the new efficient GPU will make profit, but not necessary ROI. |
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klondike_bar
Legendary
Offline
Activity: 2128
Merit: 1005
ASIC Wannabe
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May 13, 2016, 03:23:29 PM |
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Hashrate is taking a HUGE jump today Its reporting 2900 mh so a maybe a new farm went online or upgrades completed on a old one. I have my hardware paid for now and ive been slowly ordering some parts to build a new budget rig, just mobo, cables and stuff I have extra cpu's and psu's. But im starting to reconsider if I should really jump in with some new gpus the way difficulty is going. In a month there might be very very little profit if this trend continues, say in a month we hit 4'000 gh then the profit will be slim and from there how much further will the hash get pushed. The difficulty is rising too fast, in a few months, only the new efficient GPU will make profit, but not necessary ROI. I think its because X11 ASICs are finally beginning to deploy, and the massive difficulty jump there is pushing all the GPU miners onto ethereum |
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Raswild
Newbie
Offline
Activity: 33
Merit: 0
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May 13, 2016, 05:10:03 PM |
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Hashrate is taking a HUGE jump today Its reporting 2900 mh so a maybe a new farm went online or upgrades completed on a old one. I have my hardware paid for now and ive been slowly ordering some parts to build a new budget rig, just mobo, cables and stuff I have extra cpu's and psu's. But im starting to reconsider if I should really jump in with some new gpus the way difficulty is going. In a month there might be very very little profit if this trend continues, say in a month we hit 4'000 gh then the profit will be slim and from there how much further will the hash get pushed. The difficulty is rising too fast, in a few months, only the new efficient GPU will make profit, but not necessary ROI. I think its because X11 ASICs are finally beginning to deploy, and the massive difficulty jump there is pushing all the GPU miners onto ethereum But there are also new mining farms come into the Etheruem mining. Genesis Mining had a big farm. |
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kahir
Legendary
Offline
Activity: 1050
Merit: 1000
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May 13, 2016, 11:02:28 PM |
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The bitcoin mining is still profitable. But the profitablity is dropping 50% a months at the moment. It will not be profitable in a few months.
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QuintLeo
Legendary
Offline
Activity: 1498
Merit: 1030
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May 14, 2016, 06:14:42 AM |
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X11 diff has barely moved for months - not enough ASIC have actually deployed yet to matter.
That COULD change any day now, if the BeMiner folks or the other "no actual reported sightings from a REPUTABLE source" folks actually start deploying them in quantity.
I think it's more about "Ethereum is more profitable, and folks have started HEARING about that" - just like any rush into any other coin that has happened.
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I'm no longer legendary just in my own mind!
Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin)
1GYbjMTPdCuV7dci3iCUiaRrcNuaiQrVYY (Bitcoin)
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Falmant
Newbie
Offline
Activity: 37
Merit: 0
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May 14, 2016, 01:44:45 PM |
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The bitcoin mining is still profitable. But the profitablity is dropping 50% a months at the moment. It will not be profitable in a few months.
I saw a video in Youtube that Genesis Mining is deploying vast amount a GPU to mine the Ethereum. |
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miayama
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May 14, 2016, 01:53:47 PM |
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The bitcoin mining is still profitable. But the profitablity is dropping 50% a months at the moment. It will not be profitable in a few months.
When the new graphics comes out in the next few months, old graphics will not be profitable if the price does not rise. |
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