Any GPU Mining Historians Here?

[davemanet]

Hi All, I'm wondering if anyone here is an experienced GPU miner that can tell us a little history with GPU mining and what to expect?

On the one hand, it seems like GPU mining is dying out as ETH difficulty goes up, and other coins are not as profitable.  Also I see that GPU's were once sold out, but now more easy to get, which is a sign less people are getting into mining.

On the other hand, I see that companies are releasing mining specific hardware like new motherboards just for mining.  It seems that some companies see a possible future in mining.

So, which is it?  Dying or growing?  Has it gotten this slow in the past, and what do you think we can expect in the next 6-12 months?

[1714762265]

1714762265

[1714762265]

1714762265

[ZenFr]

Hi All, I'm wondering if anyone here is an experienced GPU miner that can tell us a little history with GPU mining and what to expect?

On the one hand, it seems like GPU mining is dying out as ETH difficulty goes up, and other coins are not as profitable.  Also I see that GPU's were once sold out, but now more easy to get, which is a sign less people are getting into mining.

On the other hand, I see that companies are releasing mining specific hardware like new motherboards just for mining.  It seems that some companies see a possible future in mining.

So, which is it?  Dying or growing?  Has it gotten this slow in the past, and what do you think we can expect in the next 6-12 months?

The GPU mining market is very volatil.
One month, you can earn a lot with uor GUs... and next month, you can lost a lot...
It's a compromise beetween investment and market.
In the past, the GPU mining was dead one or two times, but it rebirth one or two time.

[Spoetnik]

It's been a long time for me but to help you out look in the mining section here.. lots of info.

Here is the ALT one.. https://bitcointalk.org/index.php?board=160.0
There is also one for Bitcoin here too.

[erox]

It seems to me that GPU mining is dying out, followed by mining at home processors and in the future, ordinary users will be mostly mine POS coins, and GPU mining will be engaged in professional mining company.

[Andre_Goldman]

Hi All, I'm wondering if anyone here is an experienced GPU miner that can tell us a little history with GPU mining and what to expect?

On the one hand, it seems like GPU mining is dying out as ETH difficulty goes up, and other coins are not as profitable.  Also I see that GPU's were once sold out, but now more easy to get, which is a sign less people are getting into mining.

On the other hand, I see that companies are releasing mining specific hardware like new motherboards just for mining.  It seems that some companies see a possible future in mining.

So, which is it?  Dying or growing?  Has it gotten this slow in the past, and what do you think we can expect in the next 6-12 months?

We can always learn valued lessons from history ...

I do like that article from Cointelegraph to get the big picture

In the summer of 2010, the Bitcoin 0.3 was released. The number of users was growing along with the mining difficulty as well. At the same time, the idea of using one’s computer for mining more efficiently emerged. Using the graphic processor’s computational powers for mining was proposed as a solution. That summer, user ArtForz established an OpenGL GPU hash farm and generated his first Bitcoin block.

https://cointelegraph.com/news/history-of-cryptocurrency-from-bitcoins-inception-to-the-crypto-boom

[btcprospecter]

Weather it is a possible future they see or a way to tap more into the market companies will try to make money while riding the crest of this wave. It is interesting reading about past of mining in old threads. Expecially when you see people mining bitcoin with old gpu that I had and get full bitcoin out of it.

[ArtPt]

It is too profitable market for GPU vendors, so I think they will stimulate market if the mining profitability will continue to decrease, for example by buying reasonable amount of GPU-mined coins like ETH or maybe ZEC. It is also possible that new coins will be created. So I don't think that market is really dying it is just currently stuck.

[Andre_Goldman]

I think that there is a lot o money goin into GPU semiconductor industry ...

The Age of the GPU is Upon Us
https://www.nextplatform.com/2016/05/31/age-gpu-upon-us/

[matuson]

It is too profitable market for GPU vendors, so I think they will stimulate market if the mining profitability will continue to decrease, for example by buying reasonable amount of GPU-mined coins like ETH or maybe ZEC. It is also possible that new coins will be created. So I don't think that market is really dying it is just currently stuck.

This year, shares of AMD rose by 10%. This is a very good result. These results gave them the miners. The price of the GPU market is kept at a high level so I am sure that this method of mining coins will exist for a long time. In order to increase profitability you need to constantly switch between different coins.