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Author Topic: Using GPU cards for mining?  (Read 2227 times)
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January 26, 2017, 01:06:53 PM

There is no "one true answer" as each coin is different, but there is a simple short guideline.

 Coins that have an ASIC option, GPU mining makes zero sense as a GPU can't compete with specialised hardware and will lose money.

 Coins with NO ASIC available and that are GPU mineable it makes sense where the coin can be mined profitably (or at least at close to break if you are hoping for a big pump at some point).

 Coins with no ASIC and no GPU program available, it's not an option.

100% agreed. OP needs to pick a crypto to mine 1st and then base decisions on hardware 2nd. being a monero miner, i'm running Wolf AMD OpenCL miner using 3 AMD GPUs (dual core R9 390 and a RX480) and my CPU.

[08:08:04] Thread 8, (CPU): 51.26H/s
[08:08:04] Thread 6, (CPU): 46.61H/s
[08:08:04] Thread 9, (CPU): 86.76H/s
[08:08:04] Thread 7, (CPU): 47.28H/s
[08:08:04] Thread 3, (CPU): 47.69H/s
[08:08:04] Thread 5, (CPU): 43.80H/s
[08:08:04] Thread 4, (CPU): 46.88H/s
[08:08:04] Thread 1, GPU ID 1, GPU Type: Hawaii: 726.04H/s
[08:08:05] Thread 2, GPU ID 2, GPU Type: Hawaii: 726.55H/s
[08:08:05] Thread 0, GPU ID 0, GPU Type: Ellesmere: 637.03H/s
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January 26, 2017, 01:21:29 PM

Currently ASIC machines on the market have values in TH / s. I do not know the power of GPU cards used for mining. Which is the most powerful GPU card on the market?

How many GPU cards does one Antminer S9 device equal?

a antminer s9 can do only 0.009 btc a day with 1400w of consumption per hour and cost $2k

a gpu mining rig(6x1070) can do 0.011 a day with only 700 watt and cost $2.8k or 0.075 with amd but cost $1.6k

ye and what are you mining whit gpus btc or alt coins? 0.011 from what zec , monero , eth?  and what amd cards do that ? 1.6k
cos iam making 0.016 whit 4x 1060 stock

you can't make 0.016 a day with just 4 x 1060, there is no coin paying that much, you are math is probably wrong

yes it was zec for nvidia, monero and eth for amd

4x1060  1x980 ti

still impossible, what coin you are mining? only pascal coin can give that right now, but you need luck...
Tasty Potato
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January 26, 2017, 09:43:12 PM

Is it logical to use GPU cards for mining? ASIC machines are special devices manufactured only for mining. These devices are returning after a while as scrap. But yet high-end GPU cards can still be used, even if they lose the mining feature. The GPU cards can be used on the computer to play games. It's easier to sell GPU cards as second hand.

What are your thoughts about this?

As far as I am aware of ASIC is useful only for BTC mining, it has no or little resell value. GPU cards can be sold 2/3 of their value after a 100% ROI on them or on the whole systems used. So, I stick to GPU mining.
Plus BTC mining diffuculty only grows. GPU cards make mining easier because I can choose any coin or even dual mine them. I find Nvidia cards cooler and more quiet, but somewhat 1.5 times expensive. With Radeon I might suggest to look at the most heavy cards because they tend to have better cooling system (more metal used).

Plus, of course, I can play games or do some work with same old PC -.-
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January 26, 2017, 10:14:14 PM

Scrypt ASIC are also profitable and espeically if you wanna dig deeper than Litecoin.
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