GPU mining will die in 2018!

[Metroid]

I doubt GPU mining will die anytime soon.

GPU mining is already dead for 95% of people around the world, from the remaining 5% that can gpu mine right now or are mining right now, the 1% from those have extremely cheap electricity and very low government import tax and those people are the ones that will survive the red line that we are going through right now, 2% of those people are barely paying the bills and the remaining 2% of those 5% are mining at loss. If this does not mean gpu mining is at worst since its inception in 2009 then I really have no idea what can be worse than this for majority of people.

Maybe for you gpu mining dying means all cryptocoins dying too, cause pow requires at least few gpus asics working to make a transaction which means for you if you think like that then gpu mining will never die unless all coins die too.

You need to understand that even if bitcoin crashes to $1, there will still be people with an asic or gpu letting bitcoin transactions working. So using this concept then no cryptocoins will ever die.

So to sum it up when I created this thread I meant to say gpu mining profitability will die to most people around the world with the arrival  of asics and fpgas and as it stands is what we are seeing right now, so this thread came to be truthful to its word.

[nordmann666]

here in germany i pay much for electricity...but i switch from one shitcoin to another and make some profit every day

i also could buy the coin...but with switching to most profit coin i get more than only buy the coin - the cards are paid and my vega´s and 1080ti´s will not lost so many of it´s value that i cant wait until bull comes again

[murgorx]

Is anyone buying up now those VEGAs on the cheap from amazon ? Just got 6 Nitro+56s for under 3k dollars wow Getting ready for the bull run and lots of ETH.

[badfad]

Is anyone buying up now those VEGAs on the cheap from amazon ? Just got 6 Nitro+56s for under 3k dollars wow Getting ready for the bull run and lots of ETH.

What memory do they have?


Also, are we dead yet?

[vlach23]

Read the messages, I wanted to start mining coins, I'm new to this business, it turns out the video card is not worth buying anymore?

[DJohnson]

GPU mining certainly isn't dead, but the phenomenon of people rushing into mining with GPU rigs has seemingly halted.  There are many coins that argue to allow for GPU mining, so it isn't going to die any time soon - and NVidia probably isn't happy to see the GPU mining losing favor.  I believe there will almost certainly be another wave of popularity for GPU mining, but I'm not sure it can possibly match what 2017 brought.

[GwatanGwatan]

noway, too hard to die in 2018 . but in next year maybe it's true

[Metroid]

As of right now, gpu mining is dead. The question now is, when will it resurrect?, in 2014 gpu mining died too and it was resurrected in 2015, August. If a deja vu happens then we will see gpu mining to be profitable again in 2019, I myself think around March to around $1 per gpu after electricity costs if $0.15 per kwh.

[notbatman]

There's still a weak pulse, if we see BTC returning to ATH territory things will pick up; market forces are the determining factor here IMO.

[Metroid]

There's still a weak pulse, if we see BTC returning to ATH territory things will pick up; market forces are the determining factor here IMO.

In that regard yes but even if btc rises to 15k, there is that problem about how much the hashrate will increase with it. I do believe btc will hit 15k and eth as is the altcoin king will rise to 1200 usd around march 2019, as the prices rise and so the hashrate, my point here is that the mining revenue should be kept as $1 - $2 per gpu after electricity costs because if a gpu earns more than $4 per gpu then we will have problems again about gpu mining profitability. You trolls need to understand that asics are created/developed only when a gpu is earning more than $4 per day, if a gpu earns per day less than $2 then asics creators would never bother about it.

[notbatman]

NPC detected!

How am I trolling? There's still profitable coins to mine even though the margins are slim and, my suggestion that market forces play the dominant role in mining profitability is hard to argue against. Any arguments regarding asics are moot this point as asic mining is just as hurt as gpu' and not part of any argument I'm making.