GPU mining coming to an end?

[togoshigekata]

Do you have any data to confirm this trend?

It will be interesting to see how more coins handle ASICs,

but I think there will always be usage and profit for GPUs,
there are a lot of cryptocurrencies and a lot of experimentation,
and GPUs can switch algorithms anytime

Forks arent necessarily a bad thing, new experiments get to happen

[warrior333]

I think that there will always be coins that can be mined with the help of GPU. Maybe your coins are protected from asics will created by the manufacturers of the GPU in order not to lose the market. Now I do not see any profitability from mining using asics. The complexity of the network is growing faster than you can get your money back.

[adaseb]

ETH is not the only coin around, why assuming this ?

The next coin will be so pumped, like ETH was.

Just need to wait and see which is that coin.

Its not the only coin around but its the highest paid miner revenue coin out at the time.

Basically you can take 50 shitcoins to mine and the combined miner revenue won't even equal ETH mining revenue.

Go to https://bitinfocharts.com/ethereum/

Look at the Reward (last 24h) and its currently over $10,000,000 per day.


Look at another coin like Bitcoin Gold

https://bitinfocharts.com/bitcoin%20gold/

Its miner reward is only like $60K.


When ETH goes POS or Hybrid POS or reduce the block reward to 0.6 ETH, then you can safety save that GPU mining is 100% dead.

[ortim]

Soon we can connect our GPUs to SONM and have better earning than only mining.

It's supposed to be more profitable than pure crypto mining because they can offer real world computation tasks which are higher paid!
They include a marketplace for rendering and other heavy duty calculation for GPUs. Supposedly your machine will automatically receive the most profitable task available at any given point of time. While there are no special tasks available, the system switches automatically back to crypto mining 

Very excited to test it out.

[swogerino]

It is no secret that Gpu mining is almost coming to an end and the first people to feel this are home miners or small scale miners. For this there is a solution however, and is fighting the ASICS back.

I really like what the Monero developers did once they saw how many ASICS entered the market claiming 220 kh or more with very low electricity consumption, the developers of Monero immediately changed their algorithm to Cryptonight V7 in order to fight back against ASICS as they don't like centralisation so they are the example to be followed by other coin developers who still believe in decentralisation.

[Shatterlean22]

Gpu mining won't end now or very soon ,many coins still selects GPU mining over asics and they make the coons asics resistance

[vuli1]

who knows, maybe new algorithm will born...

[brunocrypto]

I think ASIC is the main enemy of GPU miner, ASIC Killing GPU Mining, plus, It's will kill Cryptocurrency Coin ... Because of the Centralisation ...

So easy to buy ASIC, and put it in a container, just branch, put the server, your wallet, and go ....

Even non technician guys can make it...

ASIC = BitMain = Bad guys.

We must fight ASIC, because this is killing the WHOLE cryptomarket... Simple as 123...

If you can't make money mining. then only big money people can make money, then the public will stop mining, and will stop enter cryptocurrency world.

Lot of people know the cryptocurrency by the mining.

Cryptocurrency being centralized by ASIC. Where banks just have to spend millions to control some lesser coin, then the fact is if Bitmain created a backdoor in each of these ASIC, they may be control the whole world market, just in taking 10 minutes of each ASIC Miner, to gain a 51% currency control, and modify the blockchain as they want, to make millions maybe billards of $ every days...

Guys this is a VERY big secutity issue. Game have to change. Asic have to quit the cryptocurrency market, for the security of coins...