gpu bubble well and truly bursting

[virasog]

You are comparing a trading bubble to the use of GPU's in mining? You guys just love to throw around terms that you really don't know the meaning of, dont' you. Well, the "bubble" was over a year ago, but thanks for noticing.
There has been no reason to point a computer at crypto other than trading for a year or more.

[antantti]

How much is that signature campaign paying?

[JaredKaragen]

How much is that signature campaign paying?

For me its .0003/post; max 20/day.

[antantti]

Need to start account farming...

[JaredKaragen]

Need to start account farming...

It can easily net me more than 1000w of the latest mining equipment...  Kinda crazy the more I think about it.

This current profitability thing (right now) is just the phase of mining gear going online/offline because of season.....   Wait for it to stabilize.  There are always extreme lows when the network gets saturated.

[philipma1957]

Need to start account farming...

It can easily net me more than 1000w of the latest mining equipment...  Kinda crazy the more I think about it.

This current profitability thing (right now) is just the phase of mining gear going online/offline because of season.....   Wait for it to stabilize.  There are always extreme lows when the network gets saturated.

yeah  I used to do well with signatures myself.   But  my gpus and my s-9's and my avalon's  are all okay.

I have earned  around 4000 usd  on gpu mining since  the op wrote  the title to this.




 I have never seen a more poorly titled thread then this one.  Bubble has yet to break. In fact wait till btc gold comes on the 25th.

[JaredKaragen]

Need to start account farming...

It can easily net me more than 1000w of the latest mining equipment...  Kinda crazy the more I think about it.

This current profitability thing (right now) is just the phase of mining gear going online/offline because of season.....   Wait for it to stabilize.  There are always extreme lows when the network gets saturated.

yeah  I used to do well with signatures myself.   But  my gpus and my s-9's and my avalon's  are all okay.

I have earned  around 4000 usd  on gpu mining since  the op wrote  the title to this.




 I have never seen a more poorly titled thread then this one.  Bubble has yet to break. In fact wait till btc gold comes on the 25th.

amen...   Things are still steadily moving along; kinda how they always have been.....   which is amusing sitting here looking at 0.0155BTC being worth almost $100....   

People tend to think only as far as they can taste, smell or see sometimes... and when its see; its only usually something right in front of em, or else they are flat out blind to it.

[antantti]

People tend to think only as far as they can taste, smell or see sometimes... and when its see; its only usually something right in front of em, or else they are flat out blind to it.

This. No matter how much you tell them numbers they just don't get it, printing money is just so awesome.

GPU bubble will burst but not this weekend, don't know about next week though.

edit: but this virablog or whatever post was just full of shit.

[Aureliusy]

ASIC resistant coins like Vertcoin (since 2014!) and Solaris are happy to take your GPU power.

[QuintLeo]

People tend to think only as far as they can taste, smell or see sometimes... and when its see; its only usually something right in front of em, or else they are flat out blind to it.

This. No matter how much you tell them numbers they just don't get it, printing money is just so awesome.

GPU bubble will burst but not this weekend, don't know about next week though.

edit: but this virablog or whatever post was just full of shit.

 I don't see the bubble bursting.

 What I am seeing ALREADY HAPPENING is a slow irregular deflate of the bubble - pretty much already gone on the NVidia side but that side was a lot smaller bubble to start with, and some progress made on the AMD side.

[farmtester1]

Nvidia and AMD will have the most profit ever this year because of mining. They'd be stupid not to favor cryptocurrency mining at this point. GPU mining will never be gone, maybe the profits will reduce (I doubt that) but it won't ever end. Gamers will cry more and more in the upcoming years.

[TheHas]

Nvidia and AMD will have the most profit ever this year because of mining. They'd be stupid not to favor cryptocurrency mining at this point. GPU mining will never be gone, maybe the profits will reduce (I doubt that) but it won't ever end. Gamers will cry more and more in the upcoming years.

This time next year, roughly when ethereum hits POS will be the real test - where will 100 Ths worth of mining go? Ethereum classic only has 6 Ths, vertcoin sitting on a couple. It is such a large amount of mining power that needs to go somewhere. I'm hopeful something will take its place in terms of value, so that difficulty won't outweigh average electricity costs. Only time will tell.

[Vann]

I think we will soon see a new phase of mining in the near future. The current POW model of mining to secure the network is a huge waste of resources and way overdone. New projects are coming online looking for ways to purpose the enormous computing power that is POW mining and harness it to solve real world problems that are currently very expensive and time consuming for the current systems of limited capability by comparison.

Richard Heart is spearheading a project based on Computational Fluid Dynamics modeling and bringing it to a very interesting tokenized POW model that could be a game changer with similar projects to follow.

https://www.youtube.com/watch?v=Z0yAl9i8avw

[QuintLeo]

Nvidia and AMD will have the most profit ever this year because of mining. They'd be stupid not to favor cryptocurrency mining at this point. GPU mining will never be gone, maybe the profits will reduce (I doubt that) but it won't ever end. Gamers will cry more and more in the upcoming years.

 They don't favor cryptocoin mining because the demand is so very very UNSTEADY.

They prefer steady but growing sales to gamers because they can predict cash flows a LOT easier for future needs/expansion and such.

 AMD in particular got burnt HARD when the last "GPU Cryptocoin Bubble" burst, and their market evaporated in the massive flood of USED cards that killed a huge part of their sales for a good year or longer.

[bearsworth]

I did a huge test on a bunch of GPUS. I'm about to make 90+% back by next month. I'm so grateful of this well and truly bursted bubble.

[hanskan]

I did a huge test on a bunch of GPUS. I'm about to make 90+% back by next month. I'm so grateful of this well and truly bursted bubble.

bought most of my 40 GPUs in May, getting my money back by the end of the year as well, greatly thanks to SIGT (mining profit $250++/day for couple of weeks lol) and ZEN. So burst.

[Xenoblate]

I did a huge test on a bunch of GPUS. I'm about to make 90+% back by next month. I'm so grateful of this well and truly bursted bubble.

bought most of my 40 GPUs in May, getting my money back by the end of the year as well, greatly thanks to SIGT (mining profit $250++/day for couple of weeks lol) and ZEN. So burst.

You  are luck to get good coin to mine.

[cryptobaht]

I did a huge test on a bunch of GPUS. I'm about to make 90+% back by next month. I'm so grateful of this well and truly bursted bubble.

bought most of my 40 GPUs in May, getting my money back by the end of the year as well, greatly thanks to SIGT (mining profit $250++/day for couple of weeks lol) and ZEN. So burst.

You  are luck to get good coin to mine.

But then nothing really stops you from finding something similar. Do your own research.

[QuintLeo]

I did a huge test on a bunch of GPUS. I'm about to make 90+% back by next month. I'm so grateful of this well and truly bursted bubble.

bought most of my 40 GPUs in May, getting my money back by the end of the year as well, greatly thanks to SIGT (mining profit $250++/day for couple of weeks lol) and ZEN. So burst.

 More accurately, thanks to the HUGE JUMP on almost all cryptocoin prices in the Feb-May timeframe that outpaced the rate of total network hashrate growth for months.

[sadyas]

I did a huge test on a bunch of GPUS. I'm about to make 90+% back by next month. I'm so grateful of this well and truly bursted bubble.

bought most of my 40 GPUs in May, getting my money back by the end of the year as well, greatly thanks to SIGT (mining profit $250++/day for couple of weeks lol) and ZEN. So burst.

 More accurately, thanks to the HUGE JUMP on almost all cryptocoin prices in the Feb-May timeframe that outpaced the rate of total network hashrate growth for months.

I think it is quite difficult to repeat the process in the near future.