Anyone still GPU mining?

[lijji]

I've been mining off and on for a while and I'm running 1.5gh/s across a few different cadaver rigs I've put together random parts.  Even with the spike in difficulty making it pretty much unprofitable, I can't even think of shutting them down.  The small amount minded could be worth a great deal at some point. On the other hand, money could be put directly into purchasing bitcoin if such a huge increase in value is to be assumed.  Just wondering if any other hobby miners have thoughts on the topic. I personally enjoy tinkering with miners, which is a advantage over a buy and hold strategy.     

[1714632191]

1714632191

[1714632191]

1714632191

[1714632191]

1714632191

[1714632191]

1714632191

[Achastar]

Look into different Cryptos, there's tons of other potential coins out there. It's like a fresh start to mining pretty much

[LoopOut]

I was planning to resell the parts of my mining rig after the electricity bill got quite expensive but I was too lazy to make an auction of anything. Now that I live in a place where I don't have to pay for the electricity, I finally got the monster working again. So YES, Bitcoin GPU mining still exists

[navidos]

I believe that GPU mining is the most right now . But ASICs and FPGA are affecting

[J35st3r]

As long as you're covering your power costs, its still worth mining. But once the difficulty increases to the point that your power costs more than the BTC is worth, you would be better off just buying BTC on an exchange, rather than continuing to mine in the expectation that the BTC will eventually be worth a great deal more.

[vanquish]

Could still be profitable if you find someone to cover your electricity costs - employer/workplace, solar power, etc. At 1.5 Gh, you should still make a decent return on investment though over next year or two, right?

[Inglewood]

I sometimes do hoping someday BTC price will go above 1k each and even the 1mBTC would someday amount to something

[Slander]

Im thinking of quiting, diff went from 12 mill to 15 in something like 2 weeks, whats it going to be in 6 months! Especially when there will be a ton of asic and fpga out there, zero chance for gpu dudes. If I sell my gear now I can probably get close to what I paid for it, so ya, I agree with the guy above, just take that same money and buy btc directly.

[shastafarian]

GPU mining is far more of a hobby than an investment at this point.

[Welsh]

GPU mining is far more of a hobby than an investment at this point.

It seems that for everything, have you seen the difficulty jump, since the popularity of ASIC mining? It's sad really I have never really mined.

[bartus]

If you are living in the campus and don't need to pay the electric bill it's win win

[benm]

I've been traveling for over a year, but when I get home I plan to set up GPU mining on my desktop with a 4 year old GTX 260 just for the experience. The computer is unstable and freezes randomly, so I'm not expecting much of a payout, or profitability... but I want to at least mine some fractions of coins!

[Wotan777]

Mine BTE-s (Bytecoins) with your GPU at pool.bytecoin.in !

[r.freeman]

I've been mining off and on for a while and I'm running 1.5gh/s across a few different cadaver rigs I've put together random parts.  Even with the spike in difficulty making it pretty much unprofitable, I can't even think of shutting them down.  The small amount minded could be worth a great deal at some point. On the other hand, money could be put directly into purchasing bitcoin if such a huge increase in value is to be assumed.  Just wondering if any other hobby miners have thoughts on the topic. I personally enjoy tinkering with miners, which is a advantage over a buy and hold strategy.     

Doing little GPU mining. Look into alt-currencies.

[marcinello]

It makes sense to switch to Litecoins when GPU mining and sell LTC for BTC

[capitoljay]

I agree.  LTC seems to be the way to go for GPU mining.  The currency is still very much in it's infancy and has a lot of potential to evolve.  I plan to rebuild my GPU miner and sick it on LTC very soon.  Just waiting on parts.

[Alexander The Great]

Yes there is plenty of GPU miners

[Illimensky]

It makes sense to switch to Litecoins when GPU mining and sell LTC for BTC

Or PowerCoin - it's still relatively new and mining should be easy; if the value goes up, you can exchange it for Bitcoins.

[1krona]

I got a 6870 running, but the money I get out of it aint much, maybe 20-30 $ a month. Im gonna buy a couple of ASICs pretty soon.

[1krona]

It makes sense to switch to Litecoins when GPU mining and sell LTC for BTC

Or PowerCoin - it's still relatively new and mining should be easy; if the value goes up, you can exchange it for Bitcoins.

Are there any exchanges for PowerCoin?
The value of Chinacoin and Feathercoin rose the first week then it lost about 80-90 % of its value.
I dont think these altcoins will catch value if they are just copies of previous coins, they have to really make some good changes to the source code if they want to catch a bigger crowd.