CryptoJoel
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April 28, 2018, 06:11:20 PM |
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I already sold my rigs but it still profitable in my place, the sole reason I sold it is I already got my ROI and rumors about new GPU coming from Nvidia. sold it early before GPU price plummets for me is the best idea.
The GPU prices of the currently available GPUs may go down with the release of a new generation, but that won't change the performance of the cards you already have. My 1080 Tis will still kick ass.  New gpu's that are capable of higher hash rates will drive up difficulty faster than it would be driven up if a specific network hash rate just stayed the same with current hardware. Difficulty increase will result in older cards being less profitable to mine with. That's not to say that I would be selling off my 1080ti's right now. I don't see myself doing that in the near future. I think that in the near future, I will sell the 1070ti's that I have though. I'd like to have some capital to replace those with newer gen gpu's. The other thing I'm thinking about is using the capital from the sale of my 1070ti's to buy Vega's. We're not seeing anti-asic fork support from anyone at the moment other than those coins that are better mined with Vega's. I'll never bet it all on one thing though ... I'll always have a mix of hardware for mining in addition to my direct investments into various coins. New GPUs are out. Given the price of them, I don't think they'll flood the market too quickly. |
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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gotminer
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April 28, 2018, 07:46:15 PM |
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I already sold my rigs but it still profitable in my place, the sole reason I sold it is I already got my ROI and rumors about new GPU coming from Nvidia. sold it early before GPU price plummets for me is the best idea.
The GPU prices of the currently available GPUs may go down with the release of a new generation, but that won't change the performance of the cards you already have. My 1080 Tis will still kick ass. New gpu's that are capable of higher hash rates will drive up difficulty faster than it would be driven up if a specific network hash rate just stayed the same with current hardware. Difficulty increase will result in older cards being less profitable to mine with. That's not to say that I would be selling off my 1080ti's right now. I don't see myself doing that in the near future. I think that in the near future, I will sell the 1070ti's that I have though. I'd like to have some capital to replace those with newer gen gpu's. The other thing I'm thinking about is using the capital from the sale of my 1070ti's to buy Vega's. We're not seeing anti-asic fork support from anyone at the moment other than those coins that are better mined with Vega's. I'll never bet it all on one thing though ... I'll always have a mix of hardware for mining in addition to my direct investments into various coins. New GPUs are out. Given the price of them, I don't think they'll flood the market too quickly. Not sure where you're getting your info, but the new Nvidia gpu's are not out yet. |
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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2Miners
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April 28, 2018, 10:46:19 PM |
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Sure it is. Just have a look at the network hashrate of the cryptocurrencies mined with GPU's.
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SodiumEx
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April 28, 2018, 10:58:26 PM |
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I already sold my rigs but it still profitable in my place, the sole reason I sold it is I already got my ROI and rumors about new GPU coming from Nvidia. sold it early before GPU price plummets for me is the best idea.
The GPU prices of the currently available GPUs may go down with the release of a new generation, but that won't change the performance of the cards you already have. My 1080 Tis will still kick ass. New gpu's that are capable of higher hash rates will drive up difficulty faster than it would be driven up if a specific network hash rate just stayed the same with current hardware. Difficulty increase will result in older cards being less profitable to mine with. That's not to say that I would be selling off my 1080ti's right now. I don't see myself doing that in the near future. I think that in the near future, I will sell the 1070ti's that I have though. I'd like to have some capital to replace those with newer gen gpu's. The other thing I'm thinking about is using the capital from the sale of my 1070ti's to buy Vega's. We're not seeing anti-asic fork support from anyone at the moment other than those coins that are better mined with Vega's. I'll never bet it all on one thing though ... I'll always have a mix of hardware for mining in addition to my direct investments into various coins. New GPUs are out. Given the price of them, I don't think they'll flood the market too quickly. Not sure where you're getting your info, but the new Nvidia gpu's are not out yet. just the Titan V which is 3000$ lmao but excluding that you're correct |
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gotminer
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Activity: 644
Merit: 24
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April 29, 2018, 03:11:49 AM |
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I already sold my rigs but it still profitable in my place, the sole reason I sold it is I already got my ROI and rumors about new GPU coming from Nvidia. sold it early before GPU price plummets for me is the best idea.
The GPU prices of the currently available GPUs may go down with the release of a new generation, but that won't change the performance of the cards you already have. My 1080 Tis will still kick ass. New gpu's that are capable of higher hash rates will drive up difficulty faster than it would be driven up if a specific network hash rate just stayed the same with current hardware. Difficulty increase will result in older cards being less profitable to mine with. That's not to say that I would be selling off my 1080ti's right now. I don't see myself doing that in the near future. I think that in the near future, I will sell the 1070ti's that I have though. I'd like to have some capital to replace those with newer gen gpu's. The other thing I'm thinking about is using the capital from the sale of my 1070ti's to buy Vega's. We're not seeing anti-asic fork support from anyone at the moment other than those coins that are better mined with Vega's. I'll never bet it all on one thing though ... I'll always have a mix of hardware for mining in addition to my direct investments into various coins. New GPUs are out. Given the price of them, I don't think they'll flood the market too quickly. Not sure where you're getting your info, but the new Nvidia gpu's are not out yet. just the Titan V which is 3000$ lmao but excluding that you're correct Exactly. Just another person who can't even comprehend what he reads and/or gets something from one source and expects it to be legit. |
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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CryptoJoel
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Activity: 102
Merit: 0
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May 11, 2018, 09:29:57 PM |
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I already sold my rigs but it still profitable in my place, the sole reason I sold it is I already got my ROI and rumors about new GPU coming from Nvidia. sold it early before GPU price plummets for me is the best idea.
The GPU prices of the currently available GPUs may go down with the release of a new generation, but that won't change the performance of the cards you already have. My 1080 Tis will still kick ass. New gpu's that are capable of higher hash rates will drive up difficulty faster than it would be driven up if a specific network hash rate just stayed the same with current hardware. Difficulty increase will result in older cards being less profitable to mine with. That's not to say that I would be selling off my 1080ti's right now. I don't see myself doing that in the near future. I think that in the near future, I will sell the 1070ti's that I have though. I'd like to have some capital to replace those with newer gen gpu's. The other thing I'm thinking about is using the capital from the sale of my 1070ti's to buy Vega's. We're not seeing anti-asic fork support from anyone at the moment other than those coins that are better mined with Vega's. I'll never bet it all on one thing though ... I'll always have a mix of hardware for mining in addition to my direct investments into various coins. New GPUs are out. Given the price of them, I don't think they'll flood the market too quickly. Not sure where you're getting your info, but the new Nvidia gpu's are not out yet. just the Titan V which is 3000$ lmao but excluding that you're correct Still cheaper and more profitable to own two 1080 TIs than one Titan V... |
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CryptoJoel
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Activity: 102
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May 11, 2018, 09:31:50 PM |
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At least GPUs can change algorithms to mine other coins. ASIC miners will be left in the dust when/if equihash becomes resistant. |
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gotminer
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Merit: 24
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May 12, 2018, 12:34:41 AM |
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At least GPUs can change algorithms to mine other coins. ASIC miners will be left in the dust when/if equihash becomes resistant. Are you even thinking of the reallocation of gpu hashrate if very little of equihash forks? Ethash POS is another big scare. Who knows when that will ever happen though. |
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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Sandal_Hat
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May 12, 2018, 12:52:40 AM |
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There are alot more used GPUs on amazon these days if u notice. There is just too much mining difficulty everywhere these days.
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Selling 100 dollar coupons (8units expire 11th June, 14 units expire 1st july) and 125 dollar coupon (2 unit exp 30th June). Selling at 20% of value
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daniel.roman
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Activity: 130
Merit: 15
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May 12, 2018, 02:38:02 AM |
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In fact, I configure one of my firsts mining rigs seeing your videos. It is being a long time since then. But thanks.
Answering your question, I think is still profitable, but you have to consider some things, to me the most important thing is to see the most perfect time to buy the GPU, for me is august for Radeon always sell their products at a low price for introduction, so it will be easier to recovery your investment in short time. For example, the best GPU when Radeon tries to enter the market their price is 40% lower than the rest of the year thanks to the speculators. On the other hand, NVIDIA says theirs profits are going to decrease for they do not expect people buy GPU for mining like the others years. So whe can expect a decrease in the GPU price.
Second, I think is important to find out a coin that can give good profits, right now I am mining Haven and I feel very comfortable with the returns. But perhaps is for the market manipulation this coin suffers at the beginning of the month.
However, I see this year is going to be a good one for GPU mining, for me is still profitable.
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VoskCoin (OP)
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May 14, 2018, 04:42:17 PM |
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In fact, I configure one of my firsts mining rigs seeing your videos. It is being a long time since then. But thanks.
Answering your question, I think is still profitable, but you have to consider some things, to me the most important thing is to see the most perfect time to buy the GPU, for me is august for Radeon always sell their products at a low price for introduction, so it will be easier to recovery your investment in short time. For example, the best GPU when Radeon tries to enter the market their price is 40% lower than the rest of the year thanks to the speculators. On the other hand, NVIDIA says theirs profits are going to decrease for they do not expect people buy GPU for mining like the others years. So whe can expect a decrease in the GPU price.
Second, I think is important to find out a coin that can give good profits, right now I am mining Haven and I feel very comfortable with the returns. But perhaps is for the market manipulation this coin suffers at the beginning of the month.
However, I see this year is going to be a good one for GPU mining, for me is still profitable.
that's awesome to hear I had some influence on your first rig  I like your positive attitude and agree with you that there are still very many good projects to GPU mine |
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