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dukemc
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February 13, 2018, 05:18:54 AM |
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I think GPU minin will never die there are so many Coins with a ASIC resistence code and if it is not there come other coins that are worth to mine with GPU.
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Ethersocial
Copper Member
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February 13, 2018, 05:33:48 AM |
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Equihash is very hard to build asics for due to the increase in memory requirements
but i dont think gpu mining will die, there are so many algorithms out there , there should always be something to mine even when Eth ends
That's what I think! Even though Asic is much stronger than GPU, there should be coins for GPU I guess. |
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MistGold
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February 20, 2018, 02:35:54 AM |
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Hey i read somewhere that samsung will relase ASIC for all algos is that true ? O_o
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Kanvashardas
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March 04, 2018, 12:58:20 PM |
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On the other hand mining with mobile phones is still unused. We didn't have a chance to try it.
I think that people will mine coins in the next 5 years.
who will experiment and try to use the mobile phone to mining with the risk of damaging the mobile phone? GPUs that have RAM, Processor, and fan alone can be at risk of damage when used mining because mining takes out heat let alone a mobile phone that has no fan. You can always adapt the blockchain to be friendly to phones. Think out of the box. It is possible. |
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Efemen
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March 05, 2018, 09:42:42 AM |
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Hey i read somewhere that samsung will relase ASIC for all algos is that true ? O_o
At least it will not release ASIC for monero mining as Monero will change PoW algorithm every 6 months. |
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RYXES
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Merit me or don't.
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March 05, 2018, 11:25:10 AM |
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Extra Extra!
Read all about it!
GPU mining will die in 2018!
You sound like something out of the Daily Mail or a Victorian Newspaper seller.
ASICS come and stay of course, but GPU mining won't die.
Keep the topics researched rather than wild and slanderous.
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Merit me or don't.
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maxmeme
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March 05, 2018, 02:13:06 PM |
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Similarly any old hardware will be replaced with new hardware. Older GPUs will be replaced with more efficient GPUs like previous gen 480/580 replaces the R390/390X. The cycle repeats and mining continues. More coins to be mined and more people are getting into mining. Keep mining with GPU and mining goes on.
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goldandcrypto
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March 05, 2018, 03:28:39 PM |
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i sure hope gpu mining doesn't die as I have invested too much $$ in it and have not earned back enough to cover that cost.
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smoolae
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March 05, 2018, 09:12:50 PM |
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i sure hope gpu mining doesn't die as I have invested too much $$ in it and have not earned back enough to cover that cost.
Getting involved in crypto is a big risk in general. You have to acknowledge that to yourself! |
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anahillesheim
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March 05, 2018, 09:39:35 PM |
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I believe gpu mining will not die in the near future. not only there will be new mineable coins in the future, but there are also many up-and-coming projects that will offer new ways of earning compensation for gpu computation.
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blacktux88
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March 05, 2018, 09:50:47 PM |
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as i now Equihash has an mechanism to block asics miner.... so i cant imagine that they will stop mining on this type of crypto  I see day by day, ASICS of many coins are launching, individually or multiple. Chinese companies are trying to kill the GPU mining market once again cause they are greedy, just like they did to Bitcoin and Litecoin. GPU Mining died in 2013 and was resurrected in 2015 with the Cryptocoins Generation 2.0, although many of you miners just started mining on 2016 due to huge pumps on those 2.0 cryptocoins.
As Cryptocoins got more popular than in 2011 - 2013. The new generation of Cryptocoins 2015 and afterwards are endangered by ASICS once again, and 2018 looks to be the year of per the title "GPU mining will die in 2018!".
Keep in mind that there are possible ASICS for ethash already for Q1, and even if ETH goes POS, ETC and other ethash coins will be only ASICS and if that happens only Equihash coins will be minable for a time and I have a word that there is already an ASIC in development for Equihash already and will start delivering in Q4 2018. As GPU mining keep gets scarce, other popular coins will have pumps and so ASICS will be born for them.
I want to know your thoughts about it and I wonder the limits of --> "where, there is money to be made, there is greedy"
Keep in mind that this price crashing we are seeing is due also to the fear of ASICS for most GPU mining coins.
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CryptoWatcher420
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Merit: 258
Small Time Miner, Rig Builder, Crypto Trader
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March 05, 2018, 09:58:07 PM |
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as i now Equihash has an mechanism to block asics miner.... so i cant imagine that they will stop mining on this type of crypto I see day by day, ASICS of many coins are launching, individually or multiple. Chinese companies are trying to kill the GPU mining market once again cause they are greedy, just like they did to Bitcoin and Litecoin. GPU Mining died in 2013 and was resurrected in 2015 with the Cryptocoins Generation 2.0, although many of you miners just started mining on 2016 due to huge pumps on those 2.0 cryptocoins.
As Cryptocoins got more popular than in 2011 - 2013. The new generation of Cryptocoins 2015 and afterwards are endangered by ASICS once again, and 2018 looks to be the year of per the title "GPU mining will die in 2018!".
Keep in mind that there are possible ASICS for ethash already for Q1, and even if ETH goes POS, ETC and other ethash coins will be only ASICS and if that happens only Equihash coins will be minable for a time and I have a word that there is already an ASIC in development for Equihash already and will start delivering in Q4 2018. As GPU mining keep gets scarce, other popular coins will have pumps and so ASICS will be born for them.
I want to know your thoughts about it and I wonder the limits of --> "where, there is money to be made, there is greedy"
Keep in mind that this price crashing we are seeing is due also to the fear of ASICS for most GPU mining coins.
don't believe Metroid all he does is spread FUD these days, he has no proof to back up his sensational claims, everyone knows there will NEVER be an asic for ETHASH, equihash sure maybe but again where is the fucking proof. also on a side now ethash uses memory which is something a fucking asic DOESNT HAVE, so unless theres an asic that has memory, but at that point it would NO LONGER BE AN ASIC as you would be able to run anything on it since its soooooooo danm close to a PC |
6pin to EPS 12v 4+4pin w/pigtail & 2.5mm barrel plug for Pico Psu for SERVER PSU ONLY GPU MINING RIGS! | Donations: BTC- | Join Me on Discord! https://discord.gg/VDwWFcK |
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fellahst
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March 06, 2018, 03:53:42 PM |
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I think mining industry will die soon as a whole, as they are more and more alternative consensus mechanism that does not require mining (Proof Of Stake, Tangle, Proof Of Credit, Proof of Importance...)
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timotybg
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March 06, 2018, 04:49:26 PM |
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I'd say China will rather get involved into a big war than GPU mining will die this year.
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Bulitt
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March 06, 2018, 04:53:10 PM |
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This thread is FUD. If they build ASIC's for a coin there is always a new algorithm, a new coin coming around the corner.
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ViperGuy
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March 06, 2018, 05:06:24 PM |
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Anyone that thinks GPU mining will die is trying to get you to quit or has too much tied up in their ASIC bricks. I panicked four years ago because of naysayers and widespread selloff/panic. If only I had stuck with it, my $20k+ investment in mining would have been worth $250k - $500k today. Alt Crypto currency cannot survive without mining, and since crypto is here to stay, mining is here to stay. GPU mining is waaaayy safer than ASIC mining, especially now. I bought an S9 back in December when it was making $30 a day after power costs. I sold it the following week; if I had kept that S9, I would have lost $2k in two months as you can now get them for $2k and they only make $6 a day. $5k spent in graphics cards will pull in way more than $5k spent on ASICS. You can't win with ASICs because ASIC algo difficulties ramp up way too fast to keep up. They only ones making money on ASIC mining are the chinese companies that are in bed with Bitmain and Bitmain themselves. The house always wins and in this case the house is Bitmain and their cohorts. They are mining with tomorrow's SHA-256 ASICs today. But the chinese do not have control of the GPU market. GPUs will hold more than 75% of their value for at least 6 months after the new GTX cards are launched because no one will be able to get the new cards, they will be in just in time for the holiday rush of gamers and miners this fall. Additionally, new GPU pricing will reflect the market demand; if they give 30% better mining performance then they'll be 30% more expensive, so don't expect previous gen GPUs to simply tank. Gamers will still need GPUs and previous gens will be the only affordable option for them. ASICs cannot replace GPUs because Bitmain simply does not have the ability to produce or obtain the GDDR5X/GDDR6 ram that Samsung has a monopoly on. Cellphones and GPU's are top priority for Samsung. Bitmain would have to sink billions into R&D just to bring out a competitive ASIC to current GPU levels. It doesn't work the same way SHA-256, X11, etc ASICs operate.
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Bulitt
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March 09, 2018, 09:34:53 PM |
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Plus when you have both AMD and Nvidia state they are in development of mining-specific headless cards that have VRAM and Compute units specifically tailored for mining, you know it aint going anywhere. http://cryptomining-blog.com/tag/nvidia-gp106-100/ |
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simis
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March 09, 2018, 09:50:11 PM |
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Profitable GPU mining will die in 2018!
GPU mining = CPU mining soon.
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blockchange88
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ethereum is a fork of ethereum classic.
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March 09, 2018, 10:42:01 PM |
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I think mining industry will die soon as a whole, as they are more and more alternative consensus mechanism that does not require mining (Proof Of Stake, Tangle, Proof Of Credit, Proof of Importance...)
Proof of morning shit after coffee. There's no consensus for free. Putting coins in a wallet and leaving a window open doesn't secure a network. Vitalik is a fraud, he stole consensus omnilayer layer from Bitcoin, and made his shitcoin shopping mall. None of those methods you mentioned can compete with the security proof of work delivers. Proof of stake is like curing cancer. There's so many types of cancer that are tackled in bits in pieces. My medical opinion. There's not going to be some "aha" moment in solving proof of stake. Even neo has faults. Cardano = fraud. Solving proof of stake will take 100s of thousands of hours of mind power from the best mathematicians to solve. |
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cryptamod
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March 09, 2018, 11:54:46 PM |
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I wont be that so sure,these companies who are producing GPU for mining acitivities wont allow that to happen even though that these ASIC miners are far ahead than these GPUs mining ,for a normal people like us who doesnt have farms GPU will still be the best of our choice because ASICs mining is too expensive if i may say so myself.
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