Is GPU mining for bitcoins obsolete?

[Triton]

HI,

Is GPU mining for bitcoins obsolete given the ascent of ASIC miners?

[1715682905]

1715682905

[1715682905]

1715682905

[crocko]

Yes, but you can mine for non SHA-256 coins, like LTC.
There are no ASIC competition on mining this type of coins. Yet 

[Triton]

Yes, but you can mine for non SHA-256 coins, like LTC.
There are no ASIC competition on mining this type of coins. Yet !

What about peercoins? Can those be mined using GPU or is ASIC a must?

[-ck]

HI,

Is GPU mining for bitcoins obsolete given the ascent of ASIC miners?

Yes, long ago now.

[An amorous cow-herder]

What about peercoins? Can those be mined using GPU or is ASIC a must?

PPC is SHA256 based. In other words, an ASIC is necesarry. With a GPU you can only reasonably mine SCRYPT based currencies, e.g. LTC, FTC, DGC etc.

[Triton]

What about peercoins? Can those be mined using GPU or is ASIC a must?

PPC is SHA256 based. In other words, an ASIC is necesarry. With a GPU you can only reasonably mine SCRYPT based currencies, e.g. LTC, FTC, DGC etc.

Is PPcoin mining prevalent? With the cost of ASIC miners. Mining PPCoin should be prohibitively expensive to many.

[An amorous cow-herder]

Is PPcoin mining prevalent? With the cost of ASIC miners. Mining PPCoin should be prohibitively expensive to many.

Actually revenue for mining PPC was at about 150% of mining BTC a couple of days ago, currently down to 75% of revenue compared to mining BTC directly. With the current crypto-currency craze you will often find a couple of days worth of demand for some weird currency in exchanges like cryptsy at a good rate. You need to calculate in fees to moving coins out of those exchanges as well though. Margins are getting slimmer lately though, too many spreadsheet warriors around ...

[BitcoinDenvini]

Alt curencies will work for gpu well

[jamesc760]

If gpu's are obsolete for mining, why is it that amd radeon gpu's are ALL sold out EVERYWHERE?

[zakorus]

because there is still scrypt mining instead.