Post if your GPUs still profitable to operate?

[YipYip]

I operate 2 beavers in a treadmill that then generate a dynamo that produce the power for my 30 m hash farm doing LTC

Long story short it costs me about 2 good solid logs of wood to feed the beavers so i am pretty happy with my wood debt

When u apply the :    wood/LTC * (beaver_ouput) = $$ formula

I am at least 2.7 beavers per wood hash ahead

So i am pretty happy and the beavers are 2 ..I am looking to get at least another 2 beavers by the end of may to up my beaver/wood diff calc ratio

I reckon I wil be rolling in beavers by the end of December and will be able to buy that Beaver lodge of my very own 

[1714648719]

1714648719

[bitchess]

5.5 Gh/s with 7 6990s. $325/month in electricity, about 7.2 BTC gross a month. (~4 BTC profit per month, at current prices.)

nice!  price of those cards probably have spiked with bitcoin.

[dropt]

My GPU farm (8GH/s) is still highly profitable.  Income is ~8BTC/Mo after overhead.

[rabbitweasel]

2x 7970
1x 6870 (unique make special 6870 with 1600 shaders like a 5870 and 6870 clockspeeds)
1x 7770

Managing 0.07 BTC a day @ ~1.75Ghash/s. 0.095 kw/h. Selling 1x 7970 in a few days to someone to lock in the good value that 7970s have right now.

[Nemo1024]

Calculated that my 2.35Ghs farm will be marginally profitable until difficulty hits 110 million, given local low electricity cost. Then winter will come and I'll continue mining at a loss to heat the house instead of using electric heaters. So mining will commence until at least April next year.

I don't have much hope for LTC mining after that as profitability will most probably remain low.

[josiahgarber]

Still Profitable for me.  Thought not cranking out as many bitcoins as I would like as the difficulty has been rising.

[crazyates]

Of course it's still profitable. See here:

Click for larger image:


PPS rates have dropped ~8% since I took a screenshot of my chart, but that didn't change it too drastically. I still make ~$2/day, after power costs.

[telegdyd]

I'm currently mining with

1x HD7970
1x HD7850
2x HD5970

on free-ish electricity. It's still profitable (of course).
Getting 2.1 ghash because one of the 5970's are failing, so I can only run that below stock settings.

I'm looking forward to the future of bitcoin, and try to keep the very most of my coins in my wallet, and not to convert them to USD.
 
 

[Tirapon]

Just keep mining while its still profitable, even if its only a few dollars a week. Hold those coins and wait for higher prices, that way you haven't risked anything. You might find those few dollars a week are worth a lot more. When ASICs take over pick your favourite alt-coin and mine that...

[telegdyd]

Just keep mining while its still profitable, even if its only a few dollars a week.

I'm going to do this.

When ASICs take over pick your favourite alt-coin and mine that...

This is my plan, maybe litecoin is a good alternative.
I'm curious what will happen with it, when all the GPU miners are switching from bitcoin. The difficulty will rise, but the BTC/LTC rate should too, to remain profitable for us.

[Tirapon]

This is my plan, maybe litecoin is a good alternative.
I'm curious what will happen with it, when all the GPU miners are switching from bitcoin. The difficulty will rise, but the BTC/LTC rate should too, to remain profitable for us.

I think Litecoin will be the one that most miners turn to - only question is, what will that do to Litecoin? Either price must increase to compensate for the increase in difficulty, or else people won't mine it because its not profitable. But then people won't be mining it? So difficulty should drop... Not exactly sure how it will play out TBH, but I've bought some Litecoins just in case 

[firefop]

I think Litecoin will be the one that most miners turn to - only question is, what will that do to Litecoin? Either price must increase to compensate for the increase in difficulty, or else people won't mine it because its not profitable. But then people won't be mining it? So difficulty should drop... Not exactly sure how it will play out TBH, but I've bought some Litecoins just in case 

Generally everyone should think of ltc as a pump and dump vehicle. Long term it's going nowhere.

That being said, no reason to not mine it if it's profitable for your gpus.

[420]

2x6950's, getting down to only $50 worth a month profit

[Mabsark]

I'm hashing at around 300 Mh/s on my HD6870 and making about 10 mBTC per day. My electricity costs 12.9p per kWh (0.2USD), so my daily profit is currently about 3.35 mBTC. I'll keep mining on it though until my April Jalapeno arrives and investing the 0.01 BTC into mining stocks. I'm already making more from those stocks than I am from mining.

[glendall]

I'm still profitable with my 5x7950s.  But I think the gig will be up come September.

[420]

I'm still profitable with my 5x7950s.  But I think the gig will be up come September.

btc or ltc?

[bonker]

I think Litecoin will be the one that most miners turn to - only question is, what will that do to Litecoin? Either price must increase to compensate for the increase in difficulty, or else people won't mine it because its not profitable. But then people won't be mining it? So difficulty should drop... Not exactly sure how it will play out TBH, but I've bought some Litecoins just in case 

Generally everyone should think of ltc as a pump and dump vehicle. Long term it's going nowhere.

That being said, no reason to not mine it if it's profitable for your gpus.

BTC -> mined by ASICs
LTC -> mined by GPU's

They be both sides of the ssame coin with the exchange rate to compensate unterbegwegnuung

[Amph]

Just keep mining while its still profitable, even if its only a few dollars a week. Hold those coins and wait for higher prices, that way you haven't risked anything. You might find those few dollars a week are worth a lot more. When ASICs take over pick your favourite alt-coin and mine that...

+1 to this, and it is already what i'm doing

[firefop]

I just liquidated my GPUs - now I'm trying to decide if I should hold BTC or buy overpriced acisminers.

[420]

I just liquidated my GPUs - now I'm trying to decide if I should hold BTC or buy overpriced acisminers.

dollars and BTC