gpu bubble well and truly bursting

[Vitnatin]

What you are talking about is speculation.

Basically every coin has roughly the exact same profitability due to sites like What-to-mine.

You can mine a basic coin like ETH, sell the ETH and buy your new coin. The end result would be the same. The BTC holders who never mine do this also to increase their BTC holdings. Actually I think most GPU miners mine ETH, and sell ETH to buy BTC and HODL the BTC.

That is what I am doing.

[peonv]

It seems 1080Ti is still very overpriced, about $850, just 1080 is more profitable choise, due to the price about $600

1080 Ti are $700.

[thesmokingman]

Right now a RX 470/570 4GB if you Dual mine brings in exactly $2.20/day.

The 1080Ti mines ZEC at ~700H/s and makes $3.41/day.

Even though the 1080Ti is slightly more efficient, its should be negligible at these profits.

So the card costs triple, and only makes $1/day more than RX 470. How does that make sense?

Yes I know its very optimized in certain algos like LBRY or NXS or Skein, etc. However those coins have very low market caps and can easily crash in the near future. You can't depend on them for mining in the future.



So which is smarter...

1)

Buy RX 470 and make $2.20/day today

In 6 months make $0.50/day

2)

Buy 1080 Ti and make $3.41/day today

In 6 months make $0.75/day


Which one do you think will make you more money in the long run? The 1080 Ti most likely won't even be able to cover their depreciation when they hit eBay.

In my opinion the 1080ti rig will, depending on what you're mining. On ETH sure the 400/500 series cards are a better choice, but how long will ETH mining last? When you look solely at profits and not account for other factors like power usage I think you're doing a disservice to your argument. During the craze I sold all but one of my 480 rigs and out that cash into Nvidia rigs. (1070/1080ti) I now have a much higher hash rate on the equihash based coins I mine with a 10-15 amp savings on power. I pay .14kWh so I not only have to look at purchase price but annual power costs. I loose more profit keeping my AMD cards than I do going with Nvidia. Yes there's a higher initial entry price, but a lower total cost of ownership. So I rather buy once, cry once vs buy once and then cry with each month when the power bill comes in.

However I do agree with the overall premise that one shouldn't be buying any GPUs right now till markets settle and we know what the ETH team is going to do if you mine ETH. In my opinion there are going to be so many cheap GPUs soon that anyone who buys GPUs at inflated prices, even MSRP, are going to be kicking themselves.

Also where can you get 470/570 for $200? At a minimum you should be using $300 to reflect the current climate and accurately represent the situation.

Yes I am thinking long term and what do you think will be minable long term?

When ETH goes POS at the end of the year what is left.

ETC
ZEC
XMR

Add 2,500,000 GPUs to those coins and what happens to the profitability.

The RX 470 will be making $0.20/day, while the 1080Ti will be making $0.25/day. So it really worth buying the 1080Ti so you can make an extra 5 cents a day?

New coins? Most devs are greedy and most news coins are all ICOs. This isn't like 2013 when there was a new shitcoin released every day which was GPU minable.

You clearly are a for profit only miner and are only thinking about things from that standpoint...I however am not

I've ROI'd on my 12 rigs and I pay my electric bill out of my own pocket, so I like to do speculative/VC mining now where instead of fighting the crowd on a given coin, I mine various coins under the radar with lower initial profits in the hopes that the coin at some point pumps so I can take profit. This allows me to fill my bags faster and hit my target much quicker because I'm not constantly fighting the crowd/difficulty. In VC investing you may invest into 10 startups with the hope that at least 1 of the startups makes it big, so you make the money you invested into the failing 9 startups back from the 1 successful startup. Those 2,000,000 GPUs don't matter to me as they most likely won't be mining what I'm mining; I pay my electricity out of pocket so immediate profits don't matter to me; worse case I just shut my rigs down and take a nice vacation till things die down. Plenty of options if you have ROI'd and sitting on a nice portfolio. Only those with more money than brains will suffer.

Such example is I'm currently mining ZenCash and have already mined close to 1000 coins...the project started off rough but they've been posting regular updates, have formed a foundation and should have their complete secure nodes system released in a few months. Once the project takes off and everyone swarms in to start mining it because of a price increase/increased profitability and crash difficulty, I've already mined my coins and moved on to another coin. What's currently $4000 can easily become $20,000 if the coin hits $20, which I think is quite possible down the road....until then I just HODL

So in my case all I care about is power costs since I will be paying that bill not my coins. So for that I like to use Nvidia as much as I can and only buy open box GPUs from my local PC store or EVGA/Gigabyte cards on the secondary market as the warranties transfers with the serial...

To each his own when it comes to mining. My system works for me but it's not for everyone. I'm just waiting for the cheap GPUs to hit the market so I can pickup all the 1070s and 1080 ti's I can from all those with more money than brains as I'm sure you and others are...

What you are talking about is speculation.

Basically every coin has roughly the exact same profitability due to sites like What-to-mine.

You can mine a basic coin like ETH, sell the ETH and buy your new coin. The end result would be the same. The BTC holders who never mine do this also to increase their BTC holdings. Actually I think most GPU miners mine ETH, and sell ETH to buy BTC and HODL the BTC.

Congrats you can read. Why do I care what my daily profits are when I'm mining for the long game? Clearly you need the profits to stay afloat as you seem pretty passionate in telling me I'm wrong when you don't know my situation. What good does it do me to mine another coin and convert when I'm want to support X coins small network to help promote the coin. Again I'll say it in fewer words so you won't read over it this time. TO NEW USER U RIGHT. MY SITUATION U NOT RIGHT.

[thesmokingman]

What you are talking about is speculation.

Basically every coin has roughly the exact same profitability due to sites like What-to-mine.

You can mine a basic coin like ETH, sell the ETH and buy your new coin. The end result would be the same. The BTC holders who never mine do this also to increase their BTC holdings. Actually I think most GPU miners mine ETH, and sell ETH to buy BTC and HODL the BTC.

That is what I am doing.

Yep all miners are in essence speculative miners. Some just play it safe by mining the most profitable coins while others take on a lot more risk by mining CPU minable coins before they're GPU minable like Pascal or GPU coins like ZenCash that started out on a rocky launch; in hopes they will rise later.

The only coins I swap for are PoS coins like NXT and ARDR. I'd rather strengthen the network if it's a PoW coin but that's not for everyone and I totally get that.

[fraggyb]

I'm quite happy to keep on mining, I tend to hold most of my coins.  Past few months I've been mining some lesser known coins while the going is good and then just selling for eth/zec etc

[Raziel__]

Right now a RX 470/570 4GB if you Dual mine brings in exactly $2.20/day.

The 1080Ti mines ZEC at ~700H/s and makes $3.41/day.

Even though the 1080Ti is slightly more efficient, its should be negligible at these profits.

So the card costs triple, and only makes $1/day more than RX 470. How does that make sense?

Yes I know its very optimized in certain algos like LBRY or NXS or Skein, etc. However those coins have very low market caps and can easily crash in the near future. You can't depend on them for mining in the future.



So which is smarter...

1)

Buy RX 470 and make $2.20/day today

In 6 months make $0.50/day

2)

Buy 1080 Ti and make $3.41/day today

In 6 months make $0.75/day


Which one do you think will make you more money in the long run? The 1080 Ti most likely won't even be able to cover their depreciation when they hit eBay.

In my opinion the 1080ti rig will, depending on what you're mining. On ETH sure the 400/500 series cards are a better choice, but how long will ETH mining last? When you look solely at profits and not account for other factors like power usage I think you're doing a disservice to your argument. During the craze I sold all but one of my 480 rigs and out that cash into Nvidia rigs. (1070/1080ti) I now have a much higher hash rate on the equihash based coins I mine with a 10-15 amp savings on power. I pay .14kWh so I not only have to look at purchase price but annual power costs. I loose more profit keeping my AMD cards than I do going with Nvidia. Yes there's a higher initial entry price, but a lower total cost of ownership. So I rather buy once, cry once vs buy once and then cry with each month when the power bill comes in.

However I do agree with the overall premise that one shouldn't be buying any GPUs right now till markets settle and we know what the ETH team is going to do if you mine ETH. In my opinion there are going to be so many cheap GPUs soon that anyone who buys GPUs at inflated prices, even MSRP, are going to be kicking themselves.

Also where can you get 470/570 for $200? At a minimum you should be using $300 to reflect the current climate and accurately represent the situation.

Yes I am thinking long term and what do you think will be minable long term?

When ETH goes POS at the end of the year what is left.

ETC
ZEC
XMR

Add 2,500,000 GPUs to those coins and what happens to the profitability.

The RX 470 will be making $0.20/day, while the 1080Ti will be making $0.25/day. So it really worth buying the 1080Ti so you can make an extra 5 cents a day?

New coins? Most devs are greedy and most news coins are all ICOs. This isn't like 2013 when there was a new shitcoin released every day which was GPU minable.

You clearly are a for profit only miner and are only thinking about things from that standpoint...I however am not

I've ROI'd on my 12 rigs and I pay my electric bill out of my own pocket, so I like to do speculative/VC mining now where instead of fighting the crowd on a given coin, I mine various coins under the radar with lower initial profits in the hopes that the coin at some point pumps so I can take profit. This allows me to fill my bags faster and hit my target much quicker because I'm not constantly fighting the crowd/difficulty. In VC investing you may invest into 10 startups with the hope that at least 1 of the startups makes it big, so you make the money you invested into the failing 9 startups back from the 1 successful startup. Those 2,000,000 GPUs don't matter to me as they most likely won't be mining what I'm mining; I pay my electricity out of pocket so immediate profits don't matter to me; worse case I just shut my rigs down and take a nice vacation till things die down. Plenty of options if you have ROI'd and sitting on a nice portfolio. Only those with more money than brains will suffer.

Such example is I'm currently mining ZenCash and have already mined close to 1000 coins...the project started off rough but they've been posting regular updates, have formed a foundation and should have their complete secure nodes system released in a few months. Once the project takes off and everyone swarms in to start mining it because of a price increase/increased profitability and crash difficulty, I've already mined my coins and moved on to another coin. What's currently $4000 can easily become $20,000 if the coin hits $20, which I think is quite possible down the road....until then I just HODL

So in my case all I care about is power costs since I will be paying that bill not my coins. So for that I like to use Nvidia as much as I can and only buy open box GPUs from my local PC store or EVGA/Gigabyte cards on the secondary market as the warranties transfers with the serial...

To each his own when it comes to mining. My system works for me but it's not for everyone. I'm just waiting for the cheap GPUs to hit the market so I can pickup all the 1070s and 1080 ti's I can from all those with more money than brains as I'm sure you and others are...

What you are talking about is speculation.

Basically every coin has roughly the exact same profitability due to sites like What-to-mine.

You can mine a basic coin like ETH, sell the ETH and buy your new coin. The end result would be the same. The BTC holders who never mine do this also to increase their BTC holdings. Actually I think most GPU miners mine ETH, and sell ETH to buy BTC and HODL the BTC.

The end result could be even better haha, because ETH is more profitable right now so you can buy even more coins that he is mining.

[Yaminat]

I'm quite happy to keep on mining, I tend to hold most of my coins.  Past few months I've been mining some lesser known coins while the going is good and then just selling for eth/zec etc

If your electricity cost is lower than $0.1/kWh, mining is a good option.

[chav216]

If price stays the same, difficulty will not rise much and then after few weeks it will stabilize if price stays the same, profitability is low, people are getting out and they started selling their gpu's and many are following which means prices of graphics cards will crash especially in Europe where electricity is very expensive and people cant afford to mine, better to invest the money somewhere, returns are much greater. This is a good time to buy coins.

the guy who bought my rig didn't have a clue what he was doing, but that is how i started.

Im considering mining but not sure if the value is still there. I dont have anything special just several old laptops around the house...Would it make sense to convert each into some type of mining platform I would say about 4 or 5 laptops mining at once. I am too new to his but yes everyone loves free money.

[philipma1957]

If price stays the same, difficulty will not rise much and then after few weeks it will stabilize if price stays the same, profitability is low, people are getting out and they started selling their gpu's and many are following which means prices of graphics cards will crash especially in Europe where electricity is very expensive and people cant afford to mine, better to invest the money somewhere, returns are much greater. This is a good time to buy coins.

the guy who bought my rig didn't have a clue what he was doing, but that is how i started.

Im considering mining but not sure if the value is still there. I dont have anything special just several old laptops around the house...Would it make sense to convert each into some type of mining platform I would say about 4 or 5 laptops mining at once. I am too new to his but yes everyone loves free money.

laptops are not very good to mine with.

but if you tell us  the cpu in each one and the gpu in each one I could tell you if it is practical.

[comp]

If price stays the same, difficulty will not rise much and then after few weeks it will stabilize if price stays the same, profitability is low, people are getting out and they started selling their gpu's and many are following which means prices of graphics cards will crash especially in Europe where electricity is very expensive and people cant afford to mine, better to invest the money somewhere, returns are much greater. This is a good time to buy coins.

Price level has nothing to do with difficulty

[thesmokingman]

Right now a RX 470/570 4GB if you Dual mine brings in exactly $2.20/day.

The 1080Ti mines ZEC at ~700H/s and makes $3.41/day.

Even though the 1080Ti is slightly more efficient, its should be negligible at these profits.

So the card costs triple, and only makes $1/day more than RX 470. How does that make sense?

Yes I know its very optimized in certain algos like LBRY or NXS or Skein, etc. However those coins have very low market caps and can easily crash in the near future. You can't depend on them for mining in the future.



So which is smarter...

1)

Buy RX 470 and make $2.20/day today

In 6 months make $0.50/day

2)

Buy 1080 Ti and make $3.41/day today

In 6 months make $0.75/day


Which one do you think will make you more money in the long run? The 1080 Ti most likely won't even be able to cover their depreciation when they hit eBay.

In my opinion the 1080ti rig will, depending on what you're mining. On ETH sure the 400/500 series cards are a better choice, but how long will ETH mining last? When you look solely at profits and not account for other factors like power usage I think you're doing a disservice to your argument. During the craze I sold all but one of my 480 rigs and out that cash into Nvidia rigs. (1070/1080ti) I now have a much higher hash rate on the equihash based coins I mine with a 10-15 amp savings on power. I pay .14kWh so I not only have to look at purchase price but annual power costs. I loose more profit keeping my AMD cards than I do going with Nvidia. Yes there's a higher initial entry price, but a lower total cost of ownership. So I rather buy once, cry once vs buy once and then cry with each month when the power bill comes in.

However I do agree with the overall premise that one shouldn't be buying any GPUs right now till markets settle and we know what the ETH team is going to do if you mine ETH. In my opinion there are going to be so many cheap GPUs soon that anyone who buys GPUs at inflated prices, even MSRP, are going to be kicking themselves.

Also where can you get 470/570 for $200? At a minimum you should be using $300 to reflect the current climate and accurately represent the situation.

Yes I am thinking long term and what do you think will be minable long term?

When ETH goes POS at the end of the year what is left.

ETC
ZEC
XMR

Add 2,500,000 GPUs to those coins and what happens to the profitability.

The RX 470 will be making $0.20/day, while the 1080Ti will be making $0.25/day. So it really worth buying the 1080Ti so you can make an extra 5 cents a day?

New coins? Most devs are greedy and most news coins are all ICOs. This isn't like 2013 when there was a new shitcoin released every day which was GPU minable.

You clearly are a for profit only miner and are only thinking about things from that standpoint...I however am not

I've ROI'd on my 12 rigs and I pay my electric bill out of my own pocket, so I like to do speculative/VC mining now where instead of fighting the crowd on a given coin, I mine various coins under the radar with lower initial profits in the hopes that the coin at some point pumps so I can take profit. This allows me to fill my bags faster and hit my target much quicker because I'm not constantly fighting the crowd/difficulty. In VC investing you may invest into 10 startups with the hope that at least 1 of the startups makes it big, so you make the money you invested into the failing 9 startups back from the 1 successful startup. Those 2,000,000 GPUs don't matter to me as they most likely won't be mining what I'm mining; I pay my electricity out of pocket so immediate profits don't matter to me; worse case I just shut my rigs down and take a nice vacation till things die down. Plenty of options if you have ROI'd and sitting on a nice portfolio. Only those with more money than brains will suffer.

Such example is I'm currently mining ZenCash and have already mined close to 1000 coins...the project started off rough but they've been posting regular updates, have formed a foundation and should have their complete secure nodes system released in a few months. Once the project takes off and everyone swarms in to start mining it because of a price increase/increased profitability and crash difficulty, I've already mined my coins and moved on to another coin. What's currently $4000 can easily become $20,000 if the coin hits $20, which I think is quite possible down the road....until then I just HODL

So in my case all I care about is power costs since I will be paying that bill not my coins. So for that I like to use Nvidia as much as I can and only buy open box GPUs from my local PC store or EVGA/Gigabyte cards on the secondary market as the warranties transfers with the serial...

To each his own when it comes to mining. My system works for me but it's not for everyone. I'm just waiting for the cheap GPUs to hit the market so I can pickup all the 1070s and 1080 ti's I can from all those with more money than brains as I'm sure you and others are...

What you are talking about is speculation.

Basically every coin has roughly the exact same profitability due to sites like What-to-mine.

You can mine a basic coin like ETH, sell the ETH and buy your new coin. The end result would be the same. The BTC holders who never mine do this also to increase their BTC holdings. Actually I think most GPU miners mine ETH, and sell ETH to buy BTC and HODL the BTC.

The end result could be even better haha, because ETH is more profitable right now so you can buy even more coins that he is mining.

I have 2 gigahashes in ETH and at current price/diff I would make $125 a day which allows me to buy 33 Zen or I can mine Zen with 33 ksol/s and mint roughly 36-40 coins a day. So mining ETH directly and exchanging would cause me to loose out on close to 100 coins a month. I agree that's not the case for all coins, but again taking that route doesn't secure the network which I want to do. You guys enjoy your cognitive dissonance as I've said my peace on the matter. The more you pump up other coins just means less competition for me while I speculate till it's time to buy up your GPUs once you sell in a saturated market.

[philipma1957]

Right now a RX 470/570 4GB if you Dual mine brings in exactly $2.20/day.

The 1080Ti mines ZEC at ~700H/s and makes $3.41/day.

Even though the 1080Ti is slightly more efficient, its should be negligible at these profits.

So the card costs triple, and only makes $1/day more than RX 470. How does that make sense?

Yes I know its very optimized in certain algos like LBRY or NXS or Skein, etc. However those coins have very low market caps and can easily crash in the near future. You can't depend on them for mining in the future.



So which is smarter...

1)

Buy RX 470 and make $2.20/day today

In 6 months make $0.50/day

2)

Buy 1080 Ti and make $3.41/day today

In 6 months make $0.75/day


Which one do you think will make you more money in the long run? The 1080 Ti most likely won't even be able to cover their depreciation when they hit eBay.

In my opinion the 1080ti rig will, depending on what you're mining. On ETH sure the 400/500 series cards are a better choice, but how long will ETH mining last? When you look solely at profits and not account for other factors like power usage I think you're doing a disservice to your argument. During the craze I sold all but one of my 480 rigs and out that cash into Nvidia rigs. (1070/1080ti) I now have a much higher hash rate on the equihash based coins I mine with a 10-15 amp savings on power. I pay .14kWh so I not only have to look at purchase price but annual power costs. I loose more profit keeping my AMD cards than I do going with Nvidia. Yes there's a higher initial entry price, but a lower total cost of ownership. So I rather buy once, cry once vs buy once and then cry with each month when the power bill comes in.

However I do agree with the overall premise that one shouldn't be buying any GPUs right now till markets settle and we know what the ETH team is going to do if you mine ETH. In my opinion there are going to be so many cheap GPUs soon that anyone who buys GPUs at inflated prices, even MSRP, are going to be kicking themselves.

Also where can you get 470/570 for $200? At a minimum you should be using $300 to reflect the current climate and accurately represent the situation.

Yes I am thinking long term and what do you think will be minable long term?

When ETH goes POS at the end of the year what is left.

ETC
ZEC
XMR

Add 2,500,000 GPUs to those coins and what happens to the profitability.

The RX 470 will be making $0.20/day, while the 1080Ti will be making $0.25/day. So it really worth buying the 1080Ti so you can make an extra 5 cents a day?

New coins? Most devs are greedy and most news coins are all ICOs. This isn't like 2013 when there was a new shitcoin released every day which was GPU minable.

You clearly are a for profit only miner and are only thinking about things from that standpoint...I however am not

I've ROI'd on my 12 rigs and I pay my electric bill out of my own pocket, so I like to do speculative/VC mining now where instead of fighting the crowd on a given coin, I mine various coins under the radar with lower initial profits in the hopes that the coin at some point pumps so I can take profit. This allows me to fill my bags faster and hit my target much quicker because I'm not constantly fighting the crowd/difficulty. In VC investing you may invest into 10 startups with the hope that at least 1 of the startups makes it big, so you make the money you invested into the failing 9 startups back from the 1 successful startup. Those 2,000,000 GPUs don't matter to me as they most likely won't be mining what I'm mining; I pay my electricity out of pocket so immediate profits don't matter to me; worse case I just shut my rigs down and take a nice vacation till things die down. Plenty of options if you have ROI'd and sitting on a nice portfolio. Only those with more money than brains will suffer.

Such example is I'm currently mining ZenCash and have already mined close to 1000 coins...the project started off rough but they've been posting regular updates, have formed a foundation and should have their complete secure nodes system released in a few months. Once the project takes off and everyone swarms in to start mining it because of a price increase/increased profitability and crash difficulty, I've already mined my coins and moved on to another coin. What's currently $4000 can easily become $20,000 if the coin hits $20, which I think is quite possible down the road....until then I just HODL

So in my case all I care about is power costs since I will be paying that bill not my coins. So for that I like to use Nvidia as much as I can and only buy open box GPUs from my local PC store or EVGA/Gigabyte cards on the secondary market as the warranties transfers with the serial...

To each his own when it comes to mining. My system works for me but it's not for everyone. I'm just waiting for the cheap GPUs to hit the market so I can pickup all the 1070s and 1080 ti's I can from all those with more money than brains as I'm sure you and others are...

What you are talking about is speculation.

Basically every coin has roughly the exact same profitability due to sites like What-to-mine.

You can mine a basic coin like ETH, sell the ETH and buy your new coin. The end result would be the same. The BTC holders who never mine do this also to increase their BTC holdings. Actually I think most GPU miners mine ETH, and sell ETH to buy BTC and HODL the BTC.

The end result could be even better haha, because ETH is more profitable right now so you can buy even more coins that he is mining.

I have 2 gigahashes in ETH and at current price/diff I would make $125 a day which allows me to buy 33 Zen or I can mine Zen with 33 ksol/s and mint roughly 36-40 coins a day. So mining ETH directly and exchanging would cause me to loose out on close to 100 coins a month. I agree that's not the case for all coins, but again taking that route doesn't secure the network which I want to do. You guys enjoy your cognitive dissonance as I've said my peace on the matter. The more you pump up other coins just means less competition for me while I speculate till it's time to buy up your GPUs once you sell in a saturated market.

If you are keeping score thats one point for the smokingman

[QuintLeo]

which AMD card is just 1/5 slower than a 1080ti on ZEC? need some of them (you compare 0,20 vs 0,25 on ZEC so i assume there is some AMD you know which is just 1/5 slower on mining ZEC than 1080ti).

rx 570 can do 280-320 sols, 1080ti can do 700-750. So instead of 25cents you will make 0,45, big deal (minus electricity)

 Bad math.

 If the rx 570 at 320 sols (which is a good bit higher than my RX 470 cards but they're not BIOS modded so seems reasonable) pulls in 25 cents, the 1080ti would be pulling in more like 55-60.
 When you factor in the electric cost, the PROFITABILITY ratio is even wider as the 1080ti is quite a bit more efficient on ZEC.



 In my case though, I'm not mining ZEC - and my 1080 ti cards are pulling in 3-4 TIMES as much income as a RX card mining ETH would be - even a modded 8GB card running 29 or so MH/s like my R9 290 cards do (most RX cards are slower than that, though normally it's close on the bios-modded high-OC ones).

[Raziel__]

which AMD card is just 1/5 slower than a 1080ti on ZEC? need some of them (you compare 0,20 vs 0,25 on ZEC so i assume there is some AMD you know which is just 1/5 slower on mining ZEC than 1080ti).

rx 570 can do 280-320 sols, 1080ti can do 700-750. So instead of 25cents you will make 0,45, big deal (minus electricity)

 Bad math.

 If the rx 570 at 320 sols (which is a good bit higher than my RX 470 cards but they're not BIOS modded so seems reasonable) pulls in 25 cents, the 1080ti would be pulling in more like 55-60.
 When you factor in the electric cost, the PROFITABILITY ratio is even wider as the 1080ti is quite a bit more efficient on ZEC.



 In my case though, I'm not mining ZEC - and my 1080 ti cards are pulling in 3-4 TIMES as much income as a RX card mining ETH would be - even a modded 8GB card running 29 or so MH/s like my R9 290 cards do (most RX cards are slower than that, though normally it's close on the bios-modded high-OC ones).

rx 570 (lets say) will pull 0.20 cents, Quote: "which AMD card is just 1/5 slower than a 1080ti on ZEC? need some of them (you compare 0,20!! vs 0,25 on ZEC so i assume there is some AMD you know which is just 1/5 slower on mining ZEC than 1080ti)."

All i can say is we will see in a few months, it is going to be really difficult time for miners, many will have to sell gpus that is a fact.

[peonv]

Eth difficulty is not increasing since 07/11, the first time since the DAO.
AMD rigs are being shut down. Prepare to resell your AMD at $40 on the aftermarket.

[fistfullofbtc]

Eth difficulty is not increasing since 07/11, the first time since the DAO.
AMD rigs are being shut down. Prepare to resell your AMD at $40 on the aftermarket.

it has increased since the 11/07, only slightly, but it isn't falling. in just over a month it has gone 2.5 times up in difficulty.

people will still mine and won't sell there rings for a while.

https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart

[peonv]

https://i.imgur.com/V53JdTd.png

[sundownz]

I'm at 9 cents per kwh so I'm not turning mine off any time soon... also since the power is a deduction on taxes it is "effectively" cheaper than 9 cents.

Sitting on about half nVidia and half AMD rigs.

[Metroid]

I'm at 9 cents per kwh so I'm not turning mine off any time soon

ETH ice age 30 seconds coming and you may say i dont mine eth see that is the problem, eth profitability drops all other coins drop, maybe you will turn off sooner than you think, yes your 9 cents is saving you at moment hehe

[Vann]

I'm at 9 cents per kwh so I'm not turning mine off any time soon

ETH ice age 30 seconds coming and you may say i dont mine eth see that is the problem, eth profitability drops all other coins drop, maybe you will turn off sooner than you think, yes your 9 cents is saving you at moment hehe

The ICE AGE has been going on since it was introduced in September of last year.  As explained at the last ETH developer meeting, block times will be 22 seconds at the end of July, 27 seconds by the end of August and 35 seconds by the end of September.

https://www.youtube.com/watch?v=hRQg_lHEKl4&feature=youtu.be&t=2956

https://www.cryptocompare.com/coins/guides/what-is-the-ethereum-ice-age/

By the end of August, ETH will be unprofitable for most people to mine and even sooner if the price continues to drop. By then the BTC 148 controversy should have played out and miners will have a better indication where the market is headed.