BogdanCo
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August 29, 2018, 08:41:30 PM |
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Are there people still trying to mine Ethereum with GPUs? ETH is only profitable for ASICs now. We GPU miners would be mining for brake even on a top3 coin which, in a bullrun, can go 4 or 5 times its current price. With 1070s you're basically mining at best for 0,60$ a day hopping to make that 2,40$ if ETH goes over 1000$ ! That is before electricity. Even Claymore hasn't updated his miner for ages.
If you're in need of a good algo which works nice on GPUs and a steady more-than-a-coin project behind it, look into HEX algo (XDNA coin). Already trading at Cryptopia and Crypto-Bridge but it's yet in position 875 based on market cap!
There is no asic for daggerhashimoto algo What are U talking about? bitmain brought out an etherium asic miner back in april this year That's not an asic.... it's more like a 6 card rig. An asic should do maybe 1900 Mh/s for a 800 W.
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DIXxX
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Activity: 38
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August 29, 2018, 10:04:04 PM |
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That's not an asic.... it's more like a 6 card rig.
Now that is gold 
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bitgameSolo
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Activity: 32
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August 29, 2018, 11:43:10 PM |
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That's not an asic.... it's more like a 6 card rig.
Now that is gold  i had to look it up too... near the same efficiency im getting with GPUs... but wouldnt you rather have GPUs instead of these screaming loud fans?
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DIXxX
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Activity: 38
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August 30, 2018, 12:03:48 AM |
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That's not an asic.... it's more like a 6 card rig.
Now that is gold  i had to look it up too... near the same efficiency im getting with GPUs... but wouldnt you rather have GPUs instead of these screaming loud fans? Regardless of its hashing power its still ASICs...I do not own ASICs nor I ever will...wish they make some code so they all burn out as far as I am concerned
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adaseb
Legendary
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Activity: 3990
Merit: 1753
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August 30, 2018, 07:27:28 AM |
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Are there people still trying to mine Ethereum with GPUs? ETH is only profitable for ASICs now. We GPU miners would be mining for brake even on a top3 coin which, in a bullrun, can go 4 or 5 times its current price. With 1070s you're basically mining at best for 0,60$ a day hopping to make that 2,40$ if ETH goes over 1000$ ! That is before electricity. Even Claymore hasn't updated his miner for ages.
If you're in need of a good algo which works nice on GPUs and a steady more-than-a-coin project behind it, look into HEX algo (XDNA coin). Already trading at Cryptopia and Crypto-Bridge but it's yet in position 875 based on market cap!
There is no asic for daggerhashimoto algo What are U talking about? bitmain brought out an etherium asic miner back in april this year That's not an asic.... it's more like a 6 card rig. An asic should do maybe 1900 Mh/s for a 800 W. Well the truth is how do we know if Bitmain actually has a "secret" and "private" ETH ASIC but with GDDR5 memory instead of the DDR3 ram they are using with the E3. If they released this faster ASIC then ETH dev might be forced to fork the algo and it would be useless. So they are just mining privately with it instead of making it public; basically the smart thing to do.
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RAZED | | | 100% | WELCOME BONUS | │ | █████████████████████ █████████████████████████ ████████████▀░░░░▀███████ ██████████▀░░▄▀▀▄░░▀█████ ██████████▄▄██▄▄██▄░▀████ █████▀░░░░░░░▀██░░█░░████ ████░░████▀▀█░░██▀░░▄████ ████░░████▄▄█░░█░░▄██████ ████░░█▀▀████░░██████████ ████░░█▄▄███▀░░██████████ █████▄░░░░░░░▄███████████ █████████████████████████ █████████████████████ | █████████████████████ █████████████████████████ ██████████▀▀░░░░░▀▀██████ ████████▀░░▄▄█░░▀▄░░█████ ██████▀░░▄█████▄░░▀░░████ █████░░▄████▄▀░░█▄▄░░████ ████░░▄███▄▀░░▄▀██▀░░████ ████░░▀▀██░░▄▀███▀░░█████ ████░░▄░░▀█████▀░░▄██████ █████░░▀▄░░█▀▀░░▄████████ ██████▄▄░░░░░▄▄██████████ █████████████████████████ █████████████████████ | | |
NO KYC | | | RAZE THE LIMITS ► PLAY NOW |
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big_daddy
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August 30, 2018, 09:38:54 AM |
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There is AntMiner E3...
bitmain brought out an etherium asic miner back in april this year
IS NOT AN ASIC the bitmain machine is something like the INNO3D gpu cards without the fans inside the bitmain case cooled down with their powerful vents that's it there is no daggerhashimoto asic on the market (for now)
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If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
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RivAngE
Full Member
 
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Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
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August 30, 2018, 12:17:03 PM |
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Are there people still trying to mine Ethereum with GPUs? ETH is only profitable for ASICs now. We GPU miners would be mining for brake even on a top3 coin which, in a bullrun, can go 4 or 5 times its current price. With 1070s you're basically mining at best for 0,60$ a day hopping to make that 2,40$ if ETH goes over 1000$ ! That is before electricity. Even Claymore hasn't updated his miner for ages.
If you're in need of a good algo which works nice on GPUs and a steady more-than-a-coin project behind it, look into HEX algo (XDNA coin). Already trading at Cryptopia and Crypto-Bridge but it's yet in position 875 based on market cap!
There is no asic for daggerhashimoto algo What are U talking about? bitmain brought out an etherium asic miner back in april this year That's not an asic.... it's more like a 6 card rig. An asic should do maybe 1900 Mh/s for a 800 W. Well the truth is how do we know if Bitmain actually has a "secret" and "private" ETH ASIC but with GDDR5 memory instead of the DDR3 ram they are using with the E3. If they released this faster ASIC then ETH dev might be forced to fork the algo and it would be useless. So they are just mining privately with it instead of making it public; basically the smart thing to do. If they're selling these E3 ASICs, it means they've already made something better and they're done using the E3s for themselves. Otherwise how would you explain this outrageous difficulty? 1) I don't think old miners are buying more cards anymore, right now the ROI is close to infinite if you think about power consumption and that new cards and probably new ASICs are around the corner. 2) I don't think many new miners are joining, if people start getting involved with mining they'll differently buy coins with fiat as well. The constant price drops proves we're not getting any significant amount of new investors. 3) Non-hardcore miners should have started to leave after seeing their profitability sink and the difficulty would fall as well. This should offset the few new miners that probably join Ethereum now. But the diff keeps going up and only just now on August it stopped going up and stayed still. I can't know for sure, but I believe that Bitmain is secretly mining with optimized ASICs at the moment. Let's hope Claymore will be able to optimize the miner for the 20 series of Nvidias if we're to make Ethereum a GPU coin again.
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KriptoGuruTR
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Activity: 564
Merit: 19
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August 30, 2018, 02:50:07 PM |
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If you look at Ethereum difficulty chart, you will clearly see that it still is a GPU coin.
Lots of equihash coin miners have switched to Ethereum. Even with that difficulty chart is linear.
90 day difficulty increase of Ethereum is 8.42 % vs Zcash with 83.12 %. That %83.12 is ASIC effect.
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Batelk
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August 30, 2018, 05:23:42 PM |
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If you look at Ethereum difficulty chart, you will clearly see that it still is a GPU coin.
Lots of equihash coin miners have switched to Ethereum. Even with that difficulty chart is linear.
90 day difficulty increase of Ethereum is 8.42 % vs Zcash with 83.12 %. That %83.12 is ASIC effect.
That is right. It is still profitable to mine ETH with nVidia cards. although the profit is very small.
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adaseb
Legendary
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Activity: 3990
Merit: 1753
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August 30, 2018, 06:01:11 PM |
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Anyone mining here with an old R9 290 ?
Basically it seems with every new DAG, the speed is slowing down more and more.
I remember under stock clocks I would get like 26.5MH/s but now its down to 24.7MH/s with the same stock settings.
I am also using the DAG fix drivers and it fixed the slowdown on the RX GPUs but not on the older R9 GPUs.
Anyone else getting this issue and know of a fix?
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RAZED | | | 100% | WELCOME BONUS | │ | █████████████████████ █████████████████████████ ████████████▀░░░░▀███████ ██████████▀░░▄▀▀▄░░▀█████ ██████████▄▄██▄▄██▄░▀████ █████▀░░░░░░░▀██░░█░░████ ████░░████▀▀█░░██▀░░▄████ ████░░████▄▄█░░█░░▄██████ ████░░█▀▀████░░██████████ ████░░█▄▄███▀░░██████████ █████▄░░░░░░░▄███████████ █████████████████████████ █████████████████████ | █████████████████████ █████████████████████████ ██████████▀▀░░░░░▀▀██████ ████████▀░░▄▄█░░▀▄░░█████ ██████▀░░▄█████▄░░▀░░████ █████░░▄████▄▀░░█▄▄░░████ ████░░▄███▄▀░░▄▀██▀░░████ ████░░▀▀██░░▄▀███▀░░█████ ████░░▄░░▀█████▀░░▄██████ █████░░▀▄░░█▀▀░░▄████████ ██████▄▄░░░░░▄▄██████████ █████████████████████████ █████████████████████ | | |
NO KYC | | | RAZE THE LIMITS ► PLAY NOW |
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Marvell2
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August 31, 2018, 12:53:49 AM |
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If you are mining ethereum or its forks with gpus and have a github account you ahould flood this post by the eth devs and asic shills discussing reducting block reward only, or forking Asics and reducing blook reward. So far most of the support serms to be for Asics. They are discussing all this in a meeting tomorrow so leave your imput as gpu miners. https://github.com/ethereum/pm/issues/55
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new24core
Member

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Activity: 413
Merit: 17
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August 31, 2018, 08:23:42 PM |
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Anyone mining here with an old R9 290 ?
Basically it seems with every new DAG, the speed is slowing down more and more.
I remember under stock clocks I would get like 26.5MH/s but now its down to 24.7MH/s with the same stock settings.
I am also using the DAG fix drivers and it fixed the slowdown on the RX GPUs but not on the older R9 GPUs.
Anyone else getting this issue and know of a fix?
Just Mine UBIQ ;-)
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ivomm
Legendary
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Activity: 1918
Merit: 3247
All good things to those who wait
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August 31, 2018, 09:03:25 PM |
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https://bitsonline.com/ether-2-eth-block-reward/Devs agreed on 2 ethers per block reward instead of 3 as it is now. This will happen with the coming fork in October together with a delay of the difficulty bomb by a year. Last November happened something similar, if I recall correctly. Then the reduced time for a block compensated the miners, so we got the same profit at the end. I hope it will be the same situation this October, or else the mining will end for those with expensive electricity.
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Raja_MBZ
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Activity: 1806
Merit: 1520
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August 31, 2018, 11:30:35 PM |
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https://bitsonline.com/ether-2-eth-block-reward/Devs agreed on 2 ethers per block reward instead of 3 as it is now. This will happen with the coming fork in October together with a delay of the difficulty bomb by a year. Last November happened something similar, if I recall correctly. Then the reduced time for a block compensated the miners, so we got the same profit at the end. I hope it will be the same situation this October, or else the mining will end for those with expensive electricity. Prepare to see a big GPU sell-off. I'm now going to turn into a gamer. Is there any high-end game that requires 12 high-end GPU's at once and works with only 2 GB RAM + Pentium processor?  LOL
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Marvell2
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August 31, 2018, 11:59:20 PM |
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https://bitsonline.com/ether-2-eth-block-reward/Devs agreed on 2 ethers per block reward instead of 3 as it is now. This will happen with the coming fork in October together with a delay of the difficulty bomb by a year. Last November happened something similar, if I recall correctly. Then the reduced time for a block compensated the miners, so we got the same profit at the end. I hope it will be the same situation this October, or else the mining will end for those with expensive electricity. Prepare to see a big GPU sell-off. I'm now going to turn into a gamer. Is there any high-end game that requires 12 high-end GPU's at once and works with only 2 GB RAM + Pentium processor?  LOL we are hoping to push for a fork off the main chain using the asic resistant progpow algo Bitcoin Interest is piloting such a change for thier eth fork next week
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adaseb
Legendary
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Activity: 3990
Merit: 1753
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September 01, 2018, 06:16:00 AM |
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https://bitsonline.com/ether-2-eth-block-reward/Devs agreed on 2 ethers per block reward instead of 3 as it is now. This will happen with the coming fork in October together with a delay of the difficulty bomb by a year. Last November happened something similar, if I recall correctly. Then the reduced time for a block compensated the miners, so we got the same profit at the end. I hope it will be the same situation this October, or else the mining will end for those with expensive electricity. Prepare to see a big GPU sell-off. I'm now going to turn into a gamer. Is there any high-end game that requires 12 high-end GPU's at once and works with only 2 GB RAM + Pentium processor?  LOL LOL! Back in 2014-2015, I had a bunch of 280X gpus and there was nothing to mine. I decided what the hell, might as well download some games and play with Crossfire 280X. Every single game lagged like crazy, I checked the resource monitor and it wasn't the GPUs but it was the CPUs which were all at 99%. Basically the CPU was slowing down the GPU and the games were unplayable. Basically back then you needed at least an i5 or greater to play most games in high detail. The Sempron and i3 processors I had wouldn't cut it.
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RAZED | | | 100% | WELCOME BONUS | │ | █████████████████████ █████████████████████████ ████████████▀░░░░▀███████ ██████████▀░░▄▀▀▄░░▀█████ ██████████▄▄██▄▄██▄░▀████ █████▀░░░░░░░▀██░░█░░████ ████░░████▀▀█░░██▀░░▄████ ████░░████▄▄█░░█░░▄██████ ████░░█▀▀████░░██████████ ████░░█▄▄███▀░░██████████ █████▄░░░░░░░▄███████████ █████████████████████████ █████████████████████ | █████████████████████ █████████████████████████ ██████████▀▀░░░░░▀▀██████ ████████▀░░▄▄█░░▀▄░░█████ ██████▀░░▄█████▄░░▀░░████ █████░░▄████▄▀░░█▄▄░░████ ████░░▄███▄▀░░▄▀██▀░░████ ████░░▀▀██░░▄▀███▀░░█████ ████░░▄░░▀█████▀░░▄██████ █████░░▀▄░░█▀▀░░▄████████ ██████▄▄░░░░░▄▄██████████ █████████████████████████ █████████████████████ | | |
NO KYC | | | RAZE THE LIMITS ► PLAY NOW |
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FFI2013
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September 01, 2018, 02:48:43 PM |
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https://bitsonline.com/ether-2-eth-block-reward/Devs agreed on 2 ethers per block reward instead of 3 as it is now. This will happen with the coming fork in October together with a delay of the difficulty bomb by a year. Last November happened something similar, if I recall correctly. Then the reduced time for a block compensated the miners, so we got the same profit at the end. I hope it will be the same situation this October, or else the mining will end for those with expensive electricity. I watched some of the dev meeting and they mentioned giving a grant to implement progpow to render asic useless which hopefully will happen than all the other dagger coins will follow, the monero devs are working on a new fork that not only keeps asic from mining but fpga's I think this is awesome and will screw bitmain now only if zcash would do something but the way zooko talks he don't give a shit about gpu miners who made him rich
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leonix007
Sr. Member
  
Offline
Activity: 1008
Merit: 297
Grow with community
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September 01, 2018, 03:55:54 PM |
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https://bitsonline.com/ether-2-eth-block-reward/Devs agreed on 2 ethers per block reward instead of 3 as it is now. This will happen with the coming fork in October together with a delay of the difficulty bomb by a year. Last November happened something similar, if I recall correctly. Then the reduced time for a block compensated the miners, so we got the same profit at the end. I hope it will be the same situation this October, or else the mining will end for those with expensive electricity. I watched some of the dev meeting and they mentioned giving a grant to implement progpow to render asic useless which hopefully will happen than all the other dagger coins will follow, the monero devs are working on a new fork that not only keeps asic from mining but fpga's I think this is awesome and will screw bitmain now only if zcash would do something but the way zooko talks he don't give a shit about gpu miners who made him rich Seems like a GPU manufacturers butting in its a big business of course and if these were true great news for GPU miners, light hopes still there probably Hope my 480's will way still make some kicks with the new HW coming in
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Intristing
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September 01, 2018, 05:33:39 PM |
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Anyone mining here with an old R9 290 ?
Basically it seems with every new DAG, the speed is slowing down more and more.
I remember under stock clocks I would get like 26.5MH/s but now its down to 24.7MH/s with the same stock settings.
I am also using the DAG fix drivers and it fixed the slowdown on the RX GPUs but not on the older R9 GPUs.
Anyone else getting this issue and know of a fix?
Does it use less energy than the old DAG?
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adaseb
Legendary
Offline
Activity: 3990
Merit: 1753
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September 01, 2018, 06:16:50 PM |
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Anyone mining here with an old R9 290 ?
Basically it seems with every new DAG, the speed is slowing down more and more.
I remember under stock clocks I would get like 26.5MH/s but now its down to 24.7MH/s with the same stock settings.
I am also using the DAG fix drivers and it fixed the slowdown on the RX GPUs but not on the older R9 GPUs.
Anyone else getting this issue and know of a fix?
Does it use less energy than the old DAG? Maybe a little less energy, but not much significantly less. Basically when they run slower they use less compute power so it uses less power overall because the compute is waiting for the memory data first and if the memory runs slower then it bottle necks the computing speed.
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RAZED | | | 100% | WELCOME BONUS | │ | █████████████████████ █████████████████████████ ████████████▀░░░░▀███████ ██████████▀░░▄▀▀▄░░▀█████ ██████████▄▄██▄▄██▄░▀████ █████▀░░░░░░░▀██░░█░░████ ████░░████▀▀█░░██▀░░▄████ ████░░████▄▄█░░█░░▄██████ ████░░█▀▀████░░██████████ ████░░█▄▄███▀░░██████████ █████▄░░░░░░░▄███████████ █████████████████████████ █████████████████████ | █████████████████████ █████████████████████████ ██████████▀▀░░░░░▀▀██████ ████████▀░░▄▄█░░▀▄░░█████ ██████▀░░▄█████▄░░▀░░████ █████░░▄████▄▀░░█▄▄░░████ ████░░▄███▄▀░░▄▀██▀░░████ ████░░▀▀██░░▄▀███▀░░█████ ████░░▄░░▀█████▀░░▄██████ █████░░▀▄░░█▀▀░░▄████████ ██████▄▄░░░░░▄▄██████████ █████████████████████████ █████████████████████ | | |
NO KYC | | | RAZE THE LIMITS ► PLAY NOW |
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