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Noruka (OP)
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October 18, 2013, 06:08:36 PM |
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I am just curious to see how many people have sold their GPU rigs or have moved them to alternate coins. I would assume most people moved them to a script coin of some kind.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Winalunt
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October 18, 2013, 06:13:03 PM |
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not much people are using GPU to mine now
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leoragraves666
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October 18, 2013, 06:23:44 PM |
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I am still using some, 33 cards, 7950 and 7970 mixed, to mine alternate coins.
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PC & Mac repairs
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leoragraves666
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October 18, 2013, 06:27:08 PM |
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The irony is, they are making more money than my asics  |
PC & Mac repairs
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GhanaGamboy
Full Member
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Activity: 191
Merit: 100
Dadice Fixed Rate.
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October 18, 2013, 06:35:16 PM |
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I have just my gaming ATI GPU and mine alt coins in spare time. Based on calculator Im slightly profitable, but I have cheap electricity  Jut wow to the 33 cards above  |
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Daijess
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October 18, 2013, 06:49:25 PM |
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I am still using some, 33 cards, 7950 and 7970 mixed, to mine alternate coins.
whats your cost and return? |
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Daijess
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October 18, 2013, 07:10:04 PM |
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theres 33 of it .. what game will need that much ?
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Magazine
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Merit: 10
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October 18, 2013, 07:14:48 PM |
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theres 33 of it .. what game will need that much ?
Quake. |
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Noruka (OP)
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October 18, 2013, 07:20:03 PM |
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haha. well thats awesome. I have been thinking about putting together some scrypt coin rigs while i wait for a good $/ghs ASIC to hit the market. Based on the calculations i am using its still slightly profitable. I see it more as a hobby and transferring purchasing power away from heavily taxed systems to more free currency. Even if i had a slight loss i would still mine them.
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Magazine
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Activity: 112
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October 18, 2013, 07:21:56 PM |
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GPU rigs are more easily to pass on than a old ASIC due to the GPU rigs just being computers and can part out and sell.
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Daijess
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October 18, 2013, 07:45:22 PM |
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asic chip cant resell?
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bitbanger
Newbie
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Activity: 9
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October 18, 2013, 07:57:25 PM |
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no that's the biggest problem with them once they can't make any btc they're boat anchors..
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ZetaOS
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October 18, 2013, 08:07:06 PM |
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asic chip cant resell?
No, is you sell your asic chips you sell your bitcoins on a 2011 rate. |
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ZetaOS
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October 18, 2013, 08:07:53 PM |
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no that's the biggest problem with them once they can't make any btc they're boat anchors..
Gold coin can be doen by ascis!? |
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BobbyJo
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October 18, 2013, 08:34:16 PM |
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Gold coin is not SHA-256!
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leoragraves666
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October 18, 2013, 09:38:20 PM |
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I am still using some, 33 cards, 7950 and 7970 mixed, to mine alternate coins.
whats your cost and return? I am not counting on them in that fashion. They have paid for themselves four times more than they were paid for, and even now, they pay for the electric power they use and they make some profit, and in these days of price climbing, they made great profit since I was keeping btc for USD 150. If you think of buying cards now, don't do that. Most likely, you won't make the investment back, unless there is some crazy alt-coin to mine wiht 20 times profitability, or you are lucky and you keep the right alt-coin and sell it when it gets pumped. |
PC & Mac repairs
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masyveonk
Full Member
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https://bmy.guide
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October 18, 2013, 11:40:11 PM |
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I still minig scrypt coins with my rig, and based on difficulty many more doing the same. Once you have the GPU you can keep mining as long as your profitable
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leoragraves666
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October 18, 2013, 11:57:23 PM |
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I am still using some, 33 cards, 7950 and 7970 mixed, to mine alternate coins.
whats your cost and return? I am not counting on them in that fashion. They have paid for themselves four times more than they were paid for, and even now, they pay for the electric power they use and they make some profit, and in these days of price climbing, they made great profit since I was keeping btc for USD 150. If you think of buying cards now, don't do that. Most likely, you won't make the investment back, unless there is some crazy alt-coin to mine wiht 20 times profitability, or you are lucky and you keep the right alt-coin and sell it when it gets pumped. It will work for me, the road to it might be long but my power is free so.. Free power. I would be rich if my power was free all these years |
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terman45x
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October 19, 2013, 12:15:38 AM |
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Or you could rage and throw them off of your window  The advnage of GPU is you can resell these as long as you dont burn your GPU |
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leoragraves666
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October 19, 2013, 04:35:45 PM |
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Or you could rage and throw them off of your window The advnage of GPU is you can resell these as long as you dont burn your GPU And even if you burn, if you bought from the right manufacturer, it gets replaced in 2 or 3 years timeframe. Most of the asics don't have any warranty |
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