Best new altcoin for gpu mining?

[strtype]

Seems like now the gpu mining is not profitable anymore. In the middle of bearish time we have upon us. Should I sell the gpus for now?

[realaccountakira]

Seems like now the gpu mining is not profitable anymore. In the middle of bearish time we have upon us. Should I sell the gpus for now?

Many feel that now is a good time to sell GPUs. There is so much at risk because of all the threats incoming. Consider the following listed below, do your own research, and make your decision.

• ASICs like the Z9 and E3 are incoming
• FPGAs are now being sold to the community
• NVIDIA is coming out with a new series of GPUs
• The difficulty of coins keeps getting higher with or without ASICs

[Kronos21]

I have GPU and asics. Why sell GPU? There are many algorithms that support mining GPU. You will always have an alternative. I do not know whether I will buy the GPU or not, but I will not sell my own. There's always bitcoin, altcoins and Fiat in my wallet. You also need to do in mining.

[edwardceng]

if you feel can't a profitable and meet the cost of expenses and if this a better way, why not but Personally, I never think to sell my GPU because still have some confidence it the market returns back to normal. already 2,5 years I do it until now  I still mining.

[strtype]

I have GPU and asics. Why sell GPU? There are many algorithms that support mining GPU. You will always have an alternative. I do not know whether I will buy the GPU or not, but I will not sell my own. There's always bitcoin, altcoins and Fiat in my wallet. You also need to do in mining.

What algos do you mine right now? Name them. So maybe I could start to mine again because I feel like giving up already.  

[strtype]

if you feel can't a profitable and meet the cost of expenses and if this a better way, why not but Personally, I never think to sell my GPU because still have some confidence it the market returns back to normal. already 2,5 years I do it until now  I still mining.

problem is if dont sell gpu now.. price will decline too much and result in bigger loss.

[Vann]

In 2014 when the Crypto market was at a marketcap of 10B> and a fraction of what it currently is, the majority of GPU minable coins were based on Scrypt and X11. Mining was then taken over by ASIC's, FPGA's and multipools, which combined with a 60% correction in BTC caused GPU mining to become unprofitable across the board and negative in many cases after power costs. Back then many people said it was the end of GPU mining, but they were wrong. New POW algorithms were developed and those that kept mining were able to reap huge returns once the market recovered.

What I have learned is profitability comes and goes with market, but as long as the market keeps growing and developing, its not a reason to stop mining. When profitability is low, if you can afford to keep your rigs running without having to sell the majority of your Crypto, it's an opportunity to accumulate coins at a lower cost that you can buy them for when the market eventually recovers.

[edwardceng]

if you feel can't a profitable and meet the cost of expenses and if this a better way, why not but Personally, I never think to sell my GPU because still have some confidence it the market returns back to normal. already 2,5 years I do it until now  I still mining.

problem is if dont sell gpu now.. price will decline too much and result in bigger loss.

if so then you should still to mining with and find out another coin at least can be paying for an electricity bill. if I still mining on ETH (AMD cards)  because of in my country it electricity cost still makes sense.

Note:
Electricity cost is the primary problem for miners.

[strtype]

if you feel can't a profitable and meet the cost of expenses and if this a better way, why not but Personally, I never think to sell my GPU because still have some confidence it the market returns back to normal. already 2,5 years I do it until now  I still mining.

problem is if dont sell gpu now.. price will decline too much and result in bigger loss.

if so then you should still to mining with and find out another coin at least can be paying for an electricity bill. if I still mining on ETH (AMD cards)  because of in my country it electricity cost still makes sense.

Note:
Electricity cost is the primary problem for miners.

not only that, also declining gpu prices

[edwardceng]

not only that, also declining gpu prices

yes, it is a difficult choice on another side of mining rigs when running not making profitable and in another side, when want to sell its GPU prices decreased.

keep the spirit, Bud

[socks435]

I think it will still depend on what coin you are mining if you focus on zcash and ethereum mining there's a possibility that you can be lost profit when selling it at the low price so you must hold them for a long time and sell them when the price is increasing and made you a profit.
Because everything here in altcoin mining is unpredictable that is why the other miners are mining potential altcoin because they know someday the price will increase higher and made them a huge profit.
So for me not a good idea to sell GPU's instead be smart if what altcoin you must choose and hold them for a long time. not a more than a year.

[nsummy]

if you feel can't a profitable and meet the cost of expenses and if this a better way, why not but Personally, I never think to sell my GPU because still have some confidence it the market returns back to normal. already 2,5 years I do it until now  I still mining.

problem is if dont sell gpu now.. price will decline too much and result in bigger loss.

if so then you should still to mining with and find out another coin at least can be paying for an electricity bill. if I still mining on ETH (AMD cards)  because of in my country it electricity cost still makes sense.

Note:
Electricity cost is the primary problem for miners.

not only that, also declining gpu prices

What GPUs do you have?  That would be a factor in deciding if you want to sell them or not.

[nongkrong]

Please don't sell the gpu mining and change to asic mining. Because as the masters at upper post says a lot algorithm coin can handled by gpu. You can choose what coin will to mine, and think that activity is excited and give us more experience.

[strtype]

if you feel can't a profitable and meet the cost of expenses and if this a better way, why not but Personally, I never think to sell my GPU because still have some confidence it the market returns back to normal. already 2,5 years I do it until now  I still mining.

problem is if dont sell gpu now.. price will decline too much and result in bigger loss.

if so then you should still to mining with and find out another coin at least can be paying for an electricity bill. if I still mining on ETH (AMD cards)  because of in my country it electricity cost still makes sense.

Note:
Electricity cost is the primary problem for miners.

not only that, also declining gpu prices

What GPUs do you have?  That would be a factor in deciding if you want to sell them or not.

i have many 1050 ti cards. They're efficient at mining but the difficulty/price has change a lot in few months.

[xiders]

Please don't sell the gpu mining and change to asic mining. Because as the masters at upper post says a lot algorithm coin can handled by gpu. You can choose what coin will to mine, and think that activity is excited and give us more experience.

sure, with GPU-s everyone can change algos dynamically, if you will not be lazy - you can earn more money compared with the same cost of ASICs

[2stout]

You have to do your due diligence and research and then decide as this really does change on a daily if not somewhat hourly basis.

[strtype]

Please don't sell the gpu mining and change to asic mining. Because as the masters at upper post says a lot algorithm coin can handled by gpu. You can choose what coin will to mine, and think that activity is excited and give us more experience.

sure, with GPU-s everyone can change algos dynamically, if you will not be lazy - you can earn more money compared with the same cost of ASICs

I am not buying ASICs. I am thinking of selling GPUs, and just trade for now. And buy new series GPUs. What do you guys think?

[serhanni]

Seems like now the gpu mining is not profitable anymore. In the middle of bearish time we have upon us. Should I sell the gpus for now?

Everything can be change in days/weeks in this market. Just mine most profitable coin of day, sold them to buy undervalued alts you believe.

[shield132]

Yeah, despite the fact that after Bitmain released asics and almost killed GPU mining, I still vote for GPU, old but gold. Also if you see developers think to make their coins ASIC resistant, this means bitmain's asic may have a short life. On december GTX 1080ti had great profitability for 2 week, with that statistics it could ROI in 2 month on nicehash and on another coins as whattomine displayed.
But I would sell current GPUs and wait for upcoming ones...

[grendel25]

Seems like now the gpu mining is not profitable anymore. In the middle of bearish time we have upon us. Should I sell the gpus for now?

Many feel that now is a good time to sell GPUs. There is so much at risk because of all the threats incoming. Consider the following listed below, do your own research, and make your decision.

• ASICs like the Z9 and E3 are incoming
• FPGAs are now being sold to the community
• NVIDIA is coming out with a new series of GPUs
• The difficulty of coins keeps getting higher with or without ASICs

Isn't it amazing how quickly rational thought and lists like this go right out the window when bitcoin goes back to $20K or higher? 

But that is a nice list to be aware of.  However, it is also more of the cons side of a pros/cons list so here are some pros to GPU mining:

1) Easy for those college kids with free electricity to pay for whatever gear they bought or whatever else they want to spend money on
2) New coin algorithms will always be developed with an interest to not be ASIC and FGPA resistant resulting in obsolete/worthless paper weights
3) New coins with low difficulty constantly emerge.  Many are worthless but some are valuable.  Hash power is a finite resource so when coins fork to new ASIC/FPGA resistant algorithms difficulty again can go lower and make the coin more attainable to CPU/GPU miners.

[jmigdlc99]

Seems like now the gpu mining is not profitable anymore. In the middle of bearish time we have upon us. Should I sell the gpus for now?

Many feel that now is a good time to sell GPUs. There is so much at risk because of all the threats incoming. Consider the following listed below, do your own research, and make your decision.

• ASICs like the Z9 and E3 are incoming
• FPGAs are now being sold to the community
• NVIDIA is coming out with a new series of GPUs
• The difficulty of coins keeps getting higher with or without ASICs

Isn't it amazing how quickly rational thought and lists like this go right out the window when bitcoin goes back to $20K or higher? 

But that is a nice list to be aware of.  However, it is also more of the cons side of a pros/cons list so here are some pros to GPU mining:

1) Easy for those college kids with free electricity to pay for whatever gear they bought or whatever else they want to spend money on
2) New coin algorithms will always be developed with an interest to not be ASIC and FGPA resistant resulting in obsolete/worthless paper weights
3) New coins with low difficulty constantly emerge.  Many are worthless but some are valuable.  Hash power is a finite resource so when coins fork to new ASIC/FPGA resistant algorithms difficulty again can go lower and make the coin more attainable to CPU/GPU miners.

Great arguments to show the "other side of the coin" but like the first list's poster, i'm more skeptical about the future of GPU mining. Another reason is that big industry players are also getting into the mining business and when they do things in economies of scale, the college kids really don't stand a chance. A simple example is industry players getting good deals on electricity costs because of their volume (electricity). Examples like such keep them profitable and tend to push out those with higher electricity costs (college kids).

[slackovic]

Seems like now the gpu mining is not profitable anymore. In the middle of bearish time we have upon us. Should I sell the gpus for now?

Many feel that now is a good time to sell GPUs. There is so much at risk because of all the threats incoming. Consider the following listed below, do your own research, and make your decision.

• ASICs like the Z9 and E3 are incoming
• FPGAs are now being sold to the community
• NVIDIA is coming out with a new series of GPUs
• The difficulty of coins keeps getting higher with or without ASICs

Isn't it amazing how quickly rational thought and lists like this go right out the window when bitcoin goes back to $20K or higher? 

But that is a nice list to be aware of.  However, it is also more of the cons side of a pros/cons list so here are some pros to GPU mining:

1) Easy for those college kids with free electricity to pay for whatever gear they bought or whatever else they want to spend money on
2) New coin algorithms will always be developed with an interest to not be ASIC and FGPA resistant resulting in obsolete/worthless paper weights
3) New coins with low difficulty constantly emerge.  Many are worthless but some are valuable.  Hash power is a finite resource so when coins fork to new ASIC/FPGA resistant algorithms difficulty again can go lower and make the coin more attainable to CPU/GPU miners.

Great arguments to show the "other side of the coin" but like the first list's poster, i'm more skeptical about the future of GPU mining. Another reason is that big industry players are also getting into the mining business and when they do things in economies of scale, the college kids really don't stand a chance. A simple example is industry players getting good deals on electricity costs because of their volume (electricity). Examples like such keep them profitable and tend to push out those with higher electricity costs (college kids).

If I'm not mistaken, he's talking about college kids that are using college electricity to power their rigs/computers so that way they are using "free" electricity because they're not paying for it.

[grendel25]

Seems like now the gpu mining is not profitable anymore. In the middle of bearish time we have upon us. Should I sell the gpus for now?

Many feel that now is a good time to sell GPUs. There is so much at risk because of all the threats incoming. Consider the following listed below, do your own research, and make your decision.

• ASICs like the Z9 and E3 are incoming
• FPGAs are now being sold to the community
• NVIDIA is coming out with a new series of GPUs
• The difficulty of coins keeps getting higher with or without ASICs

Isn't it amazing how quickly rational thought and lists like this go right out the window when bitcoin goes back to $20K or higher? 

But that is a nice list to be aware of.  However, it is also more of the cons side of a pros/cons list so here are some pros to GPU mining:

1) Easy for those college kids with free electricity to pay for whatever gear they bought or whatever else they want to spend money on
2) New coin algorithms will always be developed with an interest to not be ASIC and FGPA resistant resulting in obsolete/worthless paper weights
3) New coins with low difficulty constantly emerge.  Many are worthless but some are valuable.  Hash power is a finite resource so when coins fork to new ASIC/FPGA resistant algorithms difficulty again can go lower and make the coin more attainable to CPU/GPU miners.

Great arguments to show the "other side of the coin" but like the first list's poster, i'm more skeptical about the future of GPU mining. Another reason is that big industry players are also getting into the mining business and when they do things in economies of scale, the college kids really don't stand a chance. A simple example is industry players getting good deals on electricity costs because of their volume (electricity). Examples like such keep them profitable and tend to push out those with higher electricity costs (college kids).

If I'm not mistaken, he's talking about college kids that are using college electricity to power their rigs/computers so that way they are using "free" electricity because they're not paying for it.

You are not mistaken, slackovic

[cryptoboss5]

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[Mohondoa]

If you want to mine big coin (BTC,ETH,XMR etc) for now, yes of course it's not profitable anymore. Except you have great and a lot GPU you can be compared with ASIC miner.
But if you want to mine new coins, i think it has a possibility to get rich or profitable. You have to research about new coins, i can be sure several next years can be rich. Why? ,because, i think once was btc's miner not as rich as now. They also do research on that coin. So better leave the big coins and start looking for new coins for mining. Such as Musicoin, TRTL, ARTO,..etc
Happy research

[Tidsdilatation]

You should definatly not sell right now. GPU prices has gone down due to low profitablity on mining. You should wait, the crypto market always goes in circles, prices will rise again and mining profitability will rise with it. New coins will emerge from the ICO darkness and provide us with good coins to mine. 

[serhanni]

What do you think about mining ethereum on solo pools? Of course there is no guarantee to finding a block but if you can find, it is nearly equal to yearly revenue.