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Author Topic: Is mining going to die soon?  (Read 1830 times)
gotminer
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February 16, 2018, 08:21:10 PM
 #81

Wonder if they'll start climbing the clock tower before or after you do. hehe

Nvidia is developing a gpu for cryptomining only which means, the end of gaming gpus will end soon, my hopes is gaming gpus will only be for gaming like it was meant to.

hehe

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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February 16, 2018, 09:10:58 PM
Last edit: February 16, 2018, 09:41:11 PM by blockchange88
 #82

Wonder if they'll start climbing the clock tower before or after you do. hehe

Nvidia is developing a gpu for cryptomining only which means, the end of gaming gpus will end soon, my hopes is gaming gpus will only be for gaming like it was meant to.

hehe

you love pushing metroids buttons. lol.
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February 16, 2018, 09:47:01 PM
 #83

Wonder if they'll start climbing the clock tower before or after you do. hehe

Nvidia is developing a gpu for cryptomining only which means, the end of gaming gpus will end soon, my hopes is gaming gpus will only be for gaming like it was meant to.

Probability zero.

There are *3'd party* Nvidia card makers that have created mining-specific CARDS, but Nvidia doesn't consider the cryptocoin mining market to be enough of their market share to bother with mining-specific GPUs at all.

*AMD* might think about it - but even there it's doubtful, they have some strong memories of the 2014 GPU mining collapse and how sudden it happened.
AMD however has sold a significant number of their sales during 2017 to folks that made cards that were eventually sold to miners - possibly as high as a QUARTER of their sales - where the same figure for Nvidia is definitely less than 10% and more likely 5% ballpark during 2017.


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Metroid
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February 16, 2018, 09:50:08 PM
 #84

Probability zero.

https://www.techpowerup.com/241552/nvidia-turing-is-a-crypto-mining-chip-jen-hsun-huang-made-to-save-pc-gaming

Asics might come before this, so either this or asics.

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philipma1957
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February 16, 2018, 10:51:53 PM
 #85


Asics blow they suck basic reason is terrible after market service and warranties.

Your article is interesting Nvidia makes a tweener chip only good for mining.

Well it means they believe in mining having enough legs to dent the gaming market.

I do want you to understand  I have quite a few gamer people I sell rigs to every one mines.  About 30 of 30 people.

Most do so while sleeping. So  Nvidia will do well to consider that gamers will be pissed  that their 2080 or 2070 or 2080ti  does not earn back coin to make it a cheap card.

Would love to see how it all unfolds.  I am cash heavy right now.

I sold 21 1070's
 I sold multiple  case builds
I sold a few 1080tis

 all of them sold  at prices just above retail after I mined them for 2-4 months.

I still have 28 1080tis left  I will hold them and mine them for a bit.

I am asic free other then  4 usb sticks from sidekick and 8 usb sticks from jestanop.



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Metroid
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February 16, 2018, 11:12:52 PM
 #86

I sold 21 1070's
 I sold multiple  case builds
I sold a few 1080tis

You are doing it right, better to sell now while there are idiots paying for those overpriced prices, cause very soon there will be plenty of gpus available for gamers.

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gotminer
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February 16, 2018, 11:20:17 PM
 #87


That would be awesome, if/when it happens.

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
manji
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February 17, 2018, 07:57:50 AM
 #88

I sold 21 1070's
 I sold multiple  case builds
I sold a few 1080tis

You are doing it right, better to sell now while there are idiots paying for those overpriced prices, cause very soon there will be plenty of gpus available for gamers.
why are you talking about idiots if anyone buys a GPU for the current price? And indirectly you say you're smart? everyone has his or her own motivation to buy the GPU.

I know, you reason a compare prices GPU and current coin revenue. but it no enough a reason to talks idiot. it could be the person you say an idiot, saying in his heart: you are more idiot.

blockchange88
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February 17, 2018, 02:36:14 PM
 #89

Lol people are getting butt hurt over gpus. Relax guys. This is supposed to be fun. A learning experience.
kunsh
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February 17, 2018, 02:38:52 PM
 #90

I don't mean die completely but with ETH announcing moving to POS
and am sure we have seen some new coins go along with fully POS or POS/MN without any POW
we might start to see some shift in the crypto space where people start to move away from POW gradually

What do you guys think?
Those who are long time invested heavily in mining farm, are you planning on sclaing up or down on operations as far as adding more rigs or selling off gradually?

Those about to enter the mining business, are you still going to do it or will you step back and watch what is going on for now?

Please pour in your thoughts

Thanks
I don't mean die completely but with ETH announcing moving to POS
and am sure we have seen some new coins go along with fully POS or POS/MN without any POW
we might start to see some shift in the crypto space where people start to move away from POW gradually

What do you guys think?
Those who are long time invested heavily in mining farm, are you planning on sclaing up or down on operations as far as adding more rigs or selling off gradually?

Those about to enter the mining business, are you still going to do it or will you step back and watch what is going on for now?

Please pour in your thoughts

Thanks

Mining won't die completely almost ever, at least in next 5-6 years. there always will be some coins which coul'd be mined. I was mining BTC with graphic cards back at 2013 but you can't do that today... but there is some other coins to mine...

Andrey2301
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February 17, 2018, 07:58:43 PM
 #91

Hello! Which is better to buy a miner ?
BennyT
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February 17, 2018, 08:11:56 PM
 #92

A public company like NVIDIA with a board of directors, investors and shareholders would be stupid to get into the volatile mining industry. Especially when GPU’s are no longer their main business.

Fun fact.. if GPU mining dies tomorrow morning, and Metroid starts jumping up and down proclaiming he was right, in the time we have mined since Metroid declared the apocalypse, we have mined so many coins that we would have all lost money if we listened to him  Cry
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February 17, 2018, 09:15:55 PM
 #93

I think the people saying mining is dying are only trying to decrease their mining difficulty. 
Digital Drug Lord
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February 17, 2018, 10:01:57 PM
 #94

I heard Nvidia is crippling their new video cards making them not good for mining
t1192002
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February 17, 2018, 11:15:21 PM
 #95

I think the people saying mining is dying are only trying to decrease their mining difficulty. 

I think the price will only price up when many ppl believe and mine it. So miners should stay together to protect POW and their mining coins.
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February 17, 2018, 11:37:34 PM
 #96

mining will always be, will never die, because, encryption is very important.
BennyT
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February 18, 2018, 05:17:27 AM
 #97

I heard Nvidia is crippling their new video cards making them not good for mining

Haha imagine? Gtx 1060’s will be close to $1000 this summer
tenebriscaelum
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February 18, 2018, 02:28:23 PM
 #98

Wonder if they'll start climbing the clock tower before or after you do. hehe

Nvidia is developing a gpu for cryptomining only which means, the end of gaming gpus will end soon, my hopes is gaming gpus will only be for gaming like it was meant to.

They have already done that with a customized GTX 1060 without the an HDMI port, however many miners still wants gaming GPUs for their warranty as the said GPU have shorter warranty in then and these GPUs does not have resell value as the gaming GPUs.
gotminer
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February 18, 2018, 06:43:30 PM
 #99

Wonder if they'll start climbing the clock tower before or after you do. hehe

Nvidia is developing a gpu for cryptomining only which means, the end of gaming gpus will end soon, my hopes is gaming gpus will only be for gaming like it was meant to.

They have already done that with a customized GTX 1060 without the an HDMI port, however many miners still wants gaming GPUs for their warranty as the said GPU have shorter warranty in then and these GPUs does not have resell value as the gaming GPUs.

From the sound of that article, they're going to give it another go.  If they can make something mining specific that is way more powerful than a gaming gpu, there will be less demand for gaming gpu's in the mining world, which helps solve their current delima.

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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February 18, 2018, 07:26:36 PM
 #100

Etherum and  Lite coin is heavily on mining investments and as long as bitcoin mining is there alt coins mining will also continue
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