Mining Profitability ASIC vs GPU

[jmigdlc99]

Zcash - Still being debated - Proof

As far as i know, ZCASH has made it clear that although they originally promised a ASIC resistant blockchain, they are flaking on their promise and are not interested in developing any anti-ASIC forks. They have even gone as far as banning people who talk about ASICs in their forums.

If you need to find more info on this i believe the user Dmwardjr has made some threads about Zcash and ASICs here in this forum.

[karim_hassan777]

is there is any asic made using 7nm or 8nm or 10nm ?
and what about noise is there any solution

[texgeek]

Great post!  Really like.

This Z9 is new to me  , the problem with this hardwares ,  always when arrive on market explode difficulty of coins ehehehe..

But following the "first come, first serve" , some guys probably make a good profit with this on the firsts machines delivered .

 i will try buy some asic on next month, your post will help me a lot.

Thanks for sharing.

[TheGamblerJoe]

Price of electricity in my country kills mining . So bad. Nice post to have some idea about it.

[ikicha]

Hei dude.
Z9 you say $32 / day?
Hahaha

let's see if all batch come to miner. maybe Z9 profitability is about $3. or same with Antminer D3, from $3000 / day to $0.3 haha LOL

welcome to asic miner

[shaninium]

The problem is with this list is it can cherry pick certain variables. For instance the d9 and s11 were 6800-7200 and 3200-3500 this time last month. The a5 was 10k and the a9 will prob be 5k on aug batch. Now put that into your calculations. The depreciation on asics from batch to batch is a major factor that makes asics risky. Gpu s dont do that.

[Amph]

well you need to compare based on price not only hashrate, based on price you can not compare 1 gpu with 1 asic, it's no sense, also consumption must be compared too

[ruthbabe]

Very interesting indeed. This Bitmain Antminer Z9 Mini is new to me and upon checking it's designed to mine BitcoinGold and I think it's ok as the price is very affordable and the ROI is easy to achieve with the daily profit of $31.22 per day. What do you think guys?

[jings007]

Well, but not everybody have the same electricity cost as you. And also, not every ASIC is currently out now.
Btw, the Z9 mini is not available.

The Bitmain Antminer z9 mini is available in 10 stores  take a look at this.

[adaseb]

Very interesting indeed. This Bitmain Antminer Z9 Mini is new to me and upon checking it's designed to mine BitcoinGold and I think it's ok as the price is very affordable and the ROI is easy to achieve with the daily profit of $31.22 per day. What do you think guys?

Did you read the entire thread?

Yes currently it would make that much however there are potential talks of some coins forking to different algos like Bitcoin Gold.

There is also another issue where there is a huge supply of these miners and once they start shipping in a few weeks the difficulty will skyrocket.

So its more or less what happened with the Litecoin and the Dash ASIC miners.

[markiz73]

I recently watch a huge number of sales of video cards in the secondary market. The history of 2014 is repeated. Sadly of course. We are waiting for hardforks, otherwise the GPU will be very difficult for miners.

[darkneorus]

but the electricity cost in my country is low about 0.08-0.09

so my profit maybe is more than other country

personaly  i remind GPUS

The Middle East?

With that electricity cost, I'm sure that was heaven for the miners. In my area, electricity cost almost doubled from yours. But' I can say for sure, I'm still getting good profit with my current electricity cost. I'm using GPUs as my mining equipment (-I'm not saying that GPU is better than ASIC), I had done with ASICs a few years ago (-my last ASIC is Antminer S2) in 2014 I think. I'd like to explore, and Graphic Cards more suitable for my passion. 

lol. 1 kW/h costs about $0.03 around here. I'm feeling lucky

[Cuem]

Thought I was lucky at 0.08 but 0.03 is a new low cost electricity record

[gotminer]

Price of electricity in my country kills mining . So bad. Nice post to have some idea about it.

Well you should be learning ta, understanding how fa plays into it, buying btc without going all in, and FORGET about mining.  Do your own research and make your own judgments.  Learn enough that you can make your own plan.  Whatever the hell you do, don't start mining, if you can't afford to hold on for the long term.

[gotminer]

Very interesting indeed. This Bitmain Antminer Z9 Mini is new to me and upon checking it's designed to mine BitcoinGold and I think it's ok as the price is very affordable and the ROI is easy to achieve with the daily profit of $31.22 per day. What do you think guys?

Did you read the entire thread?

Yes currently it would make that much however there are potential talks of some coins forking to different algos like Bitcoin Gold.

There is also another issue where there is a huge supply of these miners and once they start shipping in a few weeks the difficulty will skyrocket.

So its more or less what happened with the Litecoin and the Dash ASIC miners.

LOL >>> I would never buy from a company that tells you what the profitability is.  Those are Z9's anyway ... Bitmain product.  I wouldn't buy from them, but if I were going to buy one, I certainly wouldn't buy one from a scammy reseller 

[astrong]

Well, so an ASIC is the future of mining cryptocurrency right? I guess many developers fear that ASICs will lead to the centralization of their cryptocurrencies and undermine their biggest selling point: security. If ASICs make mining inaccessible to most people while concentrating computing power in the hands of a few large mining operations, this arguably makes networks more vulnerable to manipulation or censorship by governments or the companies that own the most ASICs.

[jmigdlc99]

Well, so an ASIC is the future of mining cryptocurrency right? I guess many developers fear that ASICs will lead to the centralization of their cryptocurrencies and undermine their biggest selling point: security. If ASICs make mining inaccessible to most people while concentrating computing power in the hands of a few large mining operations, this arguably makes networks more vulnerable to manipulation or censorship by governments or the companies that own the most ASICs.

I like the way you think and i completely agree that ASICS "undermine their biggest selling point: security."

People will try to tell you that ASICs are not centralized because anyone can buy it isn't thinking logically. ASICs are not built for home used and should only be run in warehouse/factory style environments. You really can't live in a regular house with a machine generating heat and making 70+ dB noise 24/7. ASIC mining is not for everyone and there for is centralized. Do we want coins to be centralized? No.

[leowonderful]

ASICs are definitely made to be run in industrial environments like wharehouses on 240/220V circuits, but that doesn't mean you can't use them at home with structures to reduce noise and proper ventilation, such as with box fans in a garage and possibly ducting in a basement. I personally run S9s in my basement and garage, and they're not loud at all so as long as you're not in the same room with them. Saying that it's difficult to live with ASICs in an average house is a hyperbole (with proper placement of a machine you may not even need anything to keep noise and heat under control) but I do agree that they're not for the average Joe (though arguably, neither is GPU mining in certain instances), and ASICs do result in centralization of hash (e.g Bitmain wih BTC).

[bitblasta]

ASICs are definitely made to be run in industrial environments like wharehouses on 240/220V circuits, but that doesn't mean you can't use them at home with structures to reduce noise and proper ventilation, such as with box fans in a garage and possibly ducting in a basement. I personally run S9s in my basement and garage, and they're not loud at all so as long as you're not in the same room with them. Saying that it's difficult to live with ASICs in an average house is a hyperbole (with proper placement of a machine you may not even need anything to keep noise and heat under control) but I do agree that they're not for the average Joe (though arguably, neither is GPU mining in certain instances), and ASICs do result in centralization of hash (e.g Bitmain wih BTC).

how do ASIC centralize the hash more than GPU farms? now that bitcoin ASIC are common and everyone has them.

[HeroSam911]

Another point to consider is that you can easily re-sell used GPUs after some time while re-selling ASICs may be harder.
It would be interesting which algorithm you're comparing as GPUs differ in the most profitable algorithm