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Author Topic: GPU mining will die in 2018!  (Read 16824 times)
philipma1957
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April 08, 2018, 03:56:15 PM
 #641

0.76 per day, means you need 2000+ days to recoup your investment!?!

Maybe you were a fucking moron to buy it at 1500 $? Like all of the fucking go-rich kiddies who bought 1080tis when they were doing 20 $ + /day.

Yeah at the right time new 1080ti's were well under 700 on sales at newegg.

so 76 cents a day for 24 1080tis = 18.25 a day after power cost  on paid off gear.

but in my case I earn 40 a day before power which is 12 so I net 28 bucks a day on gear that is paid off.

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Kvanko
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April 08, 2018, 05:02:46 PM
 #642

Hopefully it will. I really hope so, since I want to buy a new card and in my country prices are still too high because of mining activities.
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April 08, 2018, 05:28:06 PM
 #643

I love all the posts and youtube videos about this lol.
Fact is people will always GPU mine because so many people have them for more than just mining.
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April 08, 2018, 05:42:40 PM
 #644

no, will not die because asics  are not as strong as mentioned. they just make a little more sensation
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April 08, 2018, 06:06:43 PM
 #645

no, will not die because asics  are not as strong as mentioned. they just make a little more sensation


Go back to your cave, you troll!!!

The F3 which is 10 times the hashrate of E3 will never be mentioned or sold.

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April 08, 2018, 06:39:09 PM
 #646

GPU mining wouldn't die, Vitalic will make some fork to prevent that happening!

Although, you can look at other coin to mine if eth is not profitable again, don't make your vision is focused on one thing.  Cheesy

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April 08, 2018, 06:45:12 PM
 #647

0.76 per day, means you need 2000+ days to recoup your investment!?!

Maybe you were a fucking moron to buy it at 1500 $? Like all of the fucking go-rich kiddies who bought 1080tis when they were doing 20 $ + /day.

Yeah at the right time new 1080ti's were well under 700 on sales at newegg.

so 76 cents a day for 24 1080tis = 18.25 a day after power cost  on paid off gear.

but in my case I earn 40 a day before power which is 12 so I net 28 bucks a day on gear that is paid off.

Heh as soon as I saw over 10 $/ day for ti on ZEC (I use that as refference) I knew shit will hit the fan hard.

I still have reasons to look forward to gpu mining, I mean eth needs to be 130 $ to make it unprofitable for me  Cheesy and as a small hobby miner I have no operational costs.

God there is so much eye scratching bullshit around this E3 miner and rumors .



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April 08, 2018, 06:47:54 PM
 #648

it won't die it may slow down a lot but die nah ...

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April 08, 2018, 11:54:41 PM
 #649

You trolls are lucky as i said countless of times, monero is the only hope hehe and it seems i was right all along about that too hehe

ethash and equihash are doomed concerning profitability and it will get worse as bitmain keeps adding asics to his fortress hehe

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April 09, 2018, 12:09:27 AM
 #650

    I do not think "dead" mining in 2018, just increased its difficulty. And I think it depends on what coins we want to be mining, and the configuration of the mining rig. 
    Because I think mining is fun, if we know all the configuration. Smiley

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April 09, 2018, 02:03:41 AM
 #651

The rise of mining action is not directly affect the price skyrocket GPU (graphics processing unit). This is the basis of the graphics card, which makes the retailers to increase the scarcity of stock. Moreover, the cryptocurrency enthusiast who buys the device in bulk to build a capable miner's machine.
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April 09, 2018, 02:17:55 AM
 #652

The rise of mining action is not directly affect the price skyrocket GPU (graphics processing unit). This is the basis of the graphics card, which makes the retailers to increase the scarcity of stock. Moreover, the cryptocurrency enthusiast who buys the device in bulk to build a capable miner's machine.

UMMMM ... Was that a question or a statement? LOL ... Yeah, we all know what a GPU is.

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gotminer
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April 09, 2018, 02:22:00 AM
 #653

You trolls are lucky as i said countless of times, monero is the only hope hehe and it seems i was right all along about that too hehe

ethash and equihash are doomed concerning profitability and it will get worse as bitmain keeps adding asics to his fortress hehe

Is Monero really even a "hope" though?  Maybe a hope in terms of others following in it's footsteps and fork to become ASIC resistant.  But to say Monero on it's own can take on all of the GPU hash power and still be profitable to the gpu miner, sounds a bit much.  Apparently ETN is on board with a fork, but don't you think it's going to take more than XMR and ETN to really "save" gpu mining?

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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April 09, 2018, 02:31:42 AM
 #654

revolution always starts with few. the others will have no choice but to follow. some self proclaimed crypto gurus, (some of them are even clueless, why are they rich and how fast it happens) remember they still speak at conferences etc., from now on i will whistle when they speak. and my first question will be be why dont you counter asic when you know is not decentralized?
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April 09, 2018, 02:35:04 AM
 #655

revolution always starts with few. the others will have no choice but to follow. some self proclaimed crypto gurus, (some of them are even clueless, why are they rich and how fast it happens) remember they still speak at conferences etc., from now on i will whistle when they speak. and my first question will be be why dont you counter asic when you know is not decentralized?
The key is;  if the asic could be made cheap and available, then that is a potential valid counter to centralization by asics.

Food for thought.

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Metroid (OP)
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April 09, 2018, 02:41:54 AM
 #656

Is Monero really even a "hope" though?  Maybe a hope in terms of others following in it's footsteps and fork to become ASIC resistant.  But to say Monero on it's own can take on all of the GPU hash power and still be profitable to the gpu miner, sounds a bit much.  Apparently ETN is on board with a fork, but don't you think it's going to take more than XMR and ETN to really "save" gpu mining?

It takes one "Army General" to create a revolution and with xmr that might be the beginning of one. Fingers crossed...

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Kreds
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April 09, 2018, 02:44:39 AM
 #657

Is Monero really even a "hope" though?  Maybe a hope in terms of others following in it's footsteps and fork to become ASIC resistant.  But to say Monero on it's own can take on all of the GPU hash power and still be profitable to the gpu miner, sounds a bit much.  Apparently ETN is on board with a fork, but don't you think it's going to take more than XMR and ETN to really "save" gpu mining?

It takes one "Army General" to create a revolution and with xmr that might be the beginning of one. Fingers crossed...

Lyra2rev2 algo does just fine for Kreds asic resistance cryptonite7,8,9,10 is far easier to fpga or asic.

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April 09, 2018, 02:45:49 AM
 #658

as of today. there is one big company that control crypto - and some few small ones asics. and we gpu miners are the guardians of the balance.
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April 09, 2018, 03:02:41 AM
 #659

Is Monero really even a "hope" though?  Maybe a hope in terms of others following in it's footsteps and fork to become ASIC resistant.  But to say Monero on it's own can take on all of the GPU hash power and still be profitable to the gpu miner, sounds a bit much.  Apparently ETN is on board with a fork, but don't you think it's going to take more than XMR and ETN to really "save" gpu mining?

It takes one "Army General" to create a revolution and with xmr that might be the beginning of one. Fingers crossed...

I like your new way of thinking, but I feel like I'm becoming the Metroid of Jan and Feb ... Lol.  My fingers are crossed too.  I don't know how much dev time has to be devoted to a fork, but some would rather commit that time to enhancing their project rather than forking to become asic resistant.  Not sure about zec, but eth with their plans to move to pos (if it really happens in the near future), why would they even be motivated to become asic resistant?  They will be asic resistant at 100% pos. 

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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April 09, 2018, 03:10:55 AM
 #660

yes, i can agree - GPU mining consumes too much power. the future of crypto currency is in the coins that are ASIC resistant!
here are plenty of ASIC resistant coins to mine profitably with your GPUs. i hope it works out in 2018

Thanks for playing.  You are the weakest link.  GOODBYE!  Grin Grin Grin

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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