JasonXG (OP)
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June 07, 2016, 02:37:42 AM |
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Ok I won't lie and pretend I know everything because I don't know too much about the smaller details involved in mining but, I was wondering, is GPU mining truelly dead ? I saw a post the other day about a guy mining eth last month. Unfortunately you would make 3x less with todays difficulty compared to them.
I mean even if there are new coins worth mining because they might go up in value would anyone point me in the right direction ?
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bugsywugsy
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June 07, 2016, 03:02:05 AM |
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Not really. You're looking in the past when you should be looking in the future. DO you think that people were saying ETH was another scam coin / shitcoin at the start? You bet there were, and I'd wager some of them were mining eth themselves. Just pick an alt coin thats fairly new to mine, look at revolver or vcash for starters. also check out whattomine.com
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Juantzy
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June 07, 2016, 03:26:09 AM |
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Mining ETH ,DCR with GPU is still profitable now.
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Amph
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June 07, 2016, 05:25:11 AM |
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no absolutely, and no, by a long shot, there are many profitable coin lately, not only ethereum, and this counting expensive electricity, let alone cheap electricity like 0.05 or around that
also bitcoin is still increasing, this will put a good edge on the profit, imagines now if bitcoin skyrocket to 800+, everything would be instantly more profitable than what it was 3 months ago with etheruem only
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frontier8
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June 07, 2016, 07:03:21 AM |
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not dead,at least you can mine eth and dcr now.
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asdalani
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June 07, 2016, 08:34:43 AM |
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I think the GPU mining will last at least a year as long as Ethereum mining is still profitable. After that, we will find another one.
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atp1916
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June 07, 2016, 10:20:20 AM |
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GPU mining will always be relevant. Maybe profitable, maybe not.
CPU mining is what is truly dead.
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coinyard
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June 07, 2016, 10:25:25 AM |
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GPU mining will always be relevant. Maybe profitable, maybe not.
CPU mining is what is truly dead.
I agree with this. CPU mining is only good for the Monero. I used to mine Monero with GPU, but not any more.
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Cryptonitex
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June 07, 2016, 04:05:03 PM |
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You'd be better off just buying the cost of a computer by buying that much of the coin. (i.e. If you want to spend $800, spend that much on the coin you want to mine)
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BitTraderCute
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June 07, 2016, 04:06:57 PM |
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in fact some people still mining etherum, i think the GPU mining still life and more profitable than bitcoin mining.
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coinyard
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June 08, 2016, 06:50:50 AM |
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in fact some people still mining etherum, i think the GPU mining still life and more profitable than bitcoin mining.
Ethereum is the most profitable to mine at the moment. But the network hash rate is increasing too fast.
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sanadas
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June 08, 2016, 08:07:28 AM |
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in fact some people still mining etherum, i think the GPU mining still life and more profitable than bitcoin mining.
Ethereum is the most profitable to mine at the moment. But the network hash rate is increasing too fast. If the Ethereum price does not rise, and the network difficulty rise at the current rate, it will not be profitable for me to mine in three months.
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FruitBucket
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June 08, 2016, 12:18:28 PM |
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in fact some people still mining etherum, i think the GPU mining still life and more profitable than bitcoin mining.
Ethereum is the most profitable to mine at the moment. But the network hash rate is increasing too fast. If the Ethereum price does not rise, and the network difficulty rise at the current rate, it will not be profitable for me to mine in three months. I hope by that time, there will be another PoW coin to appear for us to mine profitably, but that is not guarranteed.
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sanadas
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June 09, 2016, 08:19:09 AM |
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in fact some people still mining etherum, i think the GPU mining still life and more profitable than bitcoin mining.
Ethereum is the most profitable to mine at the moment. But the network hash rate is increasing too fast. If the Ethereum price does not rise, and the network difficulty rise at the current rate, it will not be profitable for me to mine in three months. I hope by that time, there will be another PoW coin to appear for us to mine profitably, but that is not guarranteed. I hope the PoW of Ethereum mining will last 5 more years, so that the premine will be reduced to less than 50%.
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bitwhizz
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June 09, 2016, 09:06:03 AM |
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GPU mining isn´t dead for alts?
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dannygroove
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June 09, 2016, 02:00:48 PM |
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GPU mining death confirmed. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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coinyard
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June 10, 2016, 06:30:07 AM |
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GPU mining death confirmed. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) It is not true. GPU mining for Ethereum is still very profitable. Many people are adding hashing power. http://etherscan.io/charts/hashrate
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JasonXG (OP)
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June 11, 2016, 02:06:26 AM |
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Wow. That was incraedilbly informative. Thank you so so much, you just saved me many hours of reseach I will have a look and see what ill do from there. I want to also know something else, how long do cards last till they "wear out" ?
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dannygroove
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June 11, 2016, 02:25:34 AM |
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Of course, I was being sarcastic : )
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