Thinking of shutting down thread. Gpu mining is in sad shape.
Thoughts everyone?
Looks like Metroid called it.
Well I mean the thread is called the Alt Coin Thread, not the GPU thread. The people who are going to sit there and wring their hands about asics and any other technology that outperforms GPUs are going to be left behind. The reality is that the more valuable the coin is, the more research and resources will be dedicated to inventing more efficient miners. Don't get me wrong, GPU mining is far from dead, but with current profits I think we are well past the point of lively discussions about finding solutions to cramming as many GPUs as humanely possible into a single rig. Another reality is that it seems like the most profits are made on young and promising coins that are rising in value. Can anyone name a new coin in the last 6 months that hasn't been an absolute shitcoin? To make matters worse, any new coin that does come out with promise, dies as soon as multipools like zpool add it and drive up the difficulty, switch to something else, rinse and repeat. I think things will improve by the time nvidia releases their new cards, but until then I think thinking outside of the GPU box is the key to profitability.
mining these so called shicoins or basically any gpu profitable coins and holding for six months or a year
mining and dumping is the asic way since they are basically op and can mine so many coins a day.
me im mining a combo of gpu only coins on some rigs , eth and monero on amd and vega but holding all my extra coins instead of investing in new hardware.
diff goes up oh well just mine and hold, trying to match difficulty and hashrate with these over inflated gpu prices is a losing game.
if i do buy new gear it will be 11x series card if retail is the listed price and vega 20 next year