4GB GPUs on ETH

[JangoUnchained]

There was a time when you can mine ETH with rx480 and 580 with 4GB memory using a particular miner, i'm guessing it's lolminer? Now that the DAG file is very close to 4.9GB I doubt this trick still works. Anyone using this strategy with 4GB cards?.

[FP91G]

There was a time when you can mine ETH with rx480 and 580 with 4GB memory using a particular miner, i'm guessing it's lolminer? Now that the DAG file is very close to 4.9GB I doubt this trick still works. Anyone using this strategy with 4GB cards?.

You can mine ethereum on 4gb graphics cards, but your hashrate will be less than 1 megahash. That's how it was when I last tried with a DAG file size of about 4.2gb. Mining may not work now, but you will not be mining ethereum with this hash rate, even if you can start mining.

[GEMIN_M4]

Those 4GB rx580s are still badass, if you have solar power or free electricity you can still mine Ravencoin, Conflux and Ergo, even Alephium, oh Flux is still there, these altcoins can be very big in future, I won't sell this graphic cards if I have them.

[kaya11]

Those 4GB rx580s are still badass, if you have solar power or free electricity you can still mine Ravencoin, Conflux and Ergo, even Alephium, oh Flux is still there, these altcoins can be very big in future, I won't sell this graphic cards if I have them.

They are good cards but not the best. If you want to hold rhe coins for long term and electric bill is high, then we have to pay for it first and sell the coins later on. The problem is if the coin fails, and decided to shut down, those time your are paying the bills will be lost. I guess if you really wanna earn, we just have to buy the best cards available or mining equipment. Because it is better to buy the coins you wanna mine, saves you time and energy, just cleaning rigs is a mess.

[Salamande]

Those 4GB rx580s are still badass, if you have solar power or free electricity you can still mine Ravencoin, Conflux and Ergo, even Alephium, oh Flux is still there, these altcoins can be very big in future, I won't sell this graphic cards if I have them.

.... or easier ETC

[Outhue]

Ethereum Classic is more reliable for 4GB graphic cards, I think once Ethereum goes fully proof of stake in future the next coin on miners minds will be Ethereum Classic, this will be like Ethereum in 2016 all over again, Flux value will be worth more in future as well but ETC will be more profitable.

[IdiotCoder]

No, the DAG files are too big for 4GB cards. I would not recommend buying new mining hardware as Ethereum is moving to POS, so I would recommend staking instead.

[adaseb]

Yeah the 4GB GPUs milked the most out of ETH that they could. At first it was how lolminer made it possible to mine when the dag was over 4GB with reduced speed, didn’t think it was possible. And then he made it possible to mine faster if you put the GPU in a x16 slot instead of a riser. So these GPUs went a long way.

I remember buying them in 2016 and worrying about ETH going POS then and I would be stuck with those mid tier GPUs. However I got my money worth and besides dead fans, I never really had any hardware issues with the cards themselves. It was a very good platform in my opinion.

[YellowSwap]

No, the DAG files are too big for 4GB cards. I would not recommend buying new mining hardware as Ethereum is moving to POS, so I would recommend staking instead.

If Ethereum failed to switch to pos the next cards that will be like rx580 4GB are those with 6GB memory like the 1660s 2060 6GB etc but with lolminer they will have some extra month after 6GB DAG is over, I don't know how lolminer devs manage to pull this stunt, they did a very good job.

[sp_]

You can mine Ethereum Classic and choose payout in Ethereum. Pool: unminable.com

100MHASH ETH: $3.53 / day
100MHASH ETC $2.40 / day

A rx580 4gb (30MHASH ETC) will get as much return as (20,4 MHASH ETH) (by mining Ethereum classic and converting to Ethereum)

[S3300]

You can mine Ethereum Classic and choose payout in Ethereum. Pool: unminable.com

100MHASH ETH: $3.53 / day
100MHASH ETC $2.40 / day

A rx580 4gb (30MHASH ETC) will get as much return as (20,4 MHASH ETH) (by mining Ethereum classic and converting to Ethereum)

Do you have anything to do with the unmineable pool? Because we all know that Unmineable pool are reaping people off, or let me just they the pool is not profitable, it is better and more profitable to mine Ethereum Classic direct using popular pools like Flexpool, the result will be so please than using Unmineable pool.

[sxemini]

No, the DAG files are too big for 4GB cards. I would not recommend buying new mining hardware as Ethereum is moving to POS, so I would recommend staking instead.

If Ethereum failed to switch to pos the next cards that will be like rx580 4GB are those with 6GB memory like the 1660s 2060 6GB etc but with lolminer they will have some extra month after 6GB DAG is over, I don't know how lolminer devs manage to pull this stunt, they did a very good job.

T-Rex miner and Teamredminer can do the same. It is no stunt.

[devil2man]

In fact there is the zombie mod on lolminer to mine eth with 4gb gpu of ram but the hashrate was obviously reduced now with the increase of the eth dag i do not know if it is still working, however the 4gb cards should not be sold they can be used to mine fine other altcoins or eth indirectly via unminable or zergpool

[swogerino]

You can mine Ethereum Classic and choose payout in Ethereum. Pool: unminable.com

100MHASH ETH: $3.53 / day
100MHASH ETC $2.40 / day

A rx580 4gb (30MHASH ETC) will get as much return as (20,4 MHASH ETH) (by mining Ethereum classic and converting to Ethereum)

I believe no one uses that pool for mining ETC or ETH as there are other pools like 2miners which you can mine ETC and be paid in Bitcoin directly which has better value.

I strongly agree to use this pool to mine coins that are unmineable by default,I have used this pool to mine a few FUN tokens as I believe it has potential as a coin.

[Ketesnuko]

I have use the Unmineable pool to mine lots of Shiba Inu tokens a few months ago but I noticed that I would have made more Shiba inu tokens if I mined ETH directly and swap for Shiba inu on Binance exchange, you are simply giving away coins if you are using Unmineable, every Unmineable coins and token can be bought after mining ETH.

[sp_]

I believe no one uses that pool for mining ETC or ETH as there are other pools like 2miners which you can mine ETC and be paid in Bitcoin directly which has better value.

Yes. many pools can do this. The user asked if 4GB gpu's can mine Ethereum. (You can mine Ethereum classic and get Payout in ethereum)
 
This is also supported by miningpooluhub.com. Miningpoolhub is pretty big pool for both Ethereum and Ethereum classic so might be better than unminable..

[Daodex]

No, the DAG files are too big for 4GB cards. I would not recommend buying new mining hardware as Ethereum is moving to POS, so I would recommend staking instead.

Staking is much colder than mining, the requirement to stake coins for better profits feels almost impossible unless you have some thousands of dollars that you are ready to throw aside for staking, with 500$ worth of coin put into staking you won't make 1$ per day but with a single GPU you will make a bit more, almost 2$ per day.

[IdiotCoder]

No, the DAG files are too big for 4GB cards. I would not recommend buying new mining hardware as Ethereum is moving to POS, so I would recommend staking instead.

Staking is much colder than mining, the requirement to stake coins for better profits feels almost impossible unless you have some thousands of dollars that you are ready to throw aside for staking, with 500$ worth of coin put into staking you won't make 1$ per day but with a single GPU you will make a bit more, almost 2$ per day.

Besides, Etthereum, what coin should I mine after the merge? I get free power.

Also to me staking is like adding to a savings account. Eventually, you're making lots of money after many deposits. Real estate investors save a small amount of money from their paycheque each week until one day they have a down payment.

[Coinfarm ventures]

Besides, Etthereum, what coin should I mine after the merge? I get free power.

You have two options.

1: Wait until AFTER the ETH PoS merge. Wait until video card prices crash as miners go out of business then liquidate their rigs. Then buy cheap RTX 3060's for $200-250 each or RX 6800's for $300-400. With free power, you will probably make a 20%-50% per year return; then hopefully when the next GPU coin gold rush happens, you can make a 200-400% return in a year.

2: Buy video cards now and mine on them, hoping to sell them off right before the PoS merge. You're taking a risk with timing. However, PoS should take at least 6 months. Returns in today's market can be up to 300% at free power.

You can combine both these options as well. What I plan to do is mine for the next few months, liquidate, then buy back 3x as many cards after the PoS aftermath is over.

Switching over to a different coin after PoS will not work, because the resale value of your GPU will collapse overnight. You must liquidate before GPU prices crash!

Anyone using this strategy with 4GB cards?.

Those days are long gone. Mine ERG, ETC, FLUX or the best coin for the hardware. Beware that after ETH PoS, all the ETH ASICs like the Innosilicon A10 / Bitmain E9 will be mining ETC/ZIL/MTP/QKC. Your GPU will be competing against ASICs which have no other choice, so expect to make 10x less revenue than you can these days.

BTW, folks who bought ETH ASICs today will be the bagholders if PoS happens in less than a year. Imagine the value of an Innosilicon A10 Pro 750Mh miner plummeting from $14k to just $2k. They'll never get their money back even if ETH is $5000!

[DevFile90]

Besides, Etthereum, what coin should I mine after the merge? I get free power.

You have two options.

1: Wait until AFTER the ETH PoS merge. Wait until video card prices crash as miners go out of business then liquidate their rigs. Then buy cheap RTX 3060's for $200-250 each or RX 6800's for $300-400. With free power, you will probably make a 20%-50% per year return; then hopefully when the next GPU coin gold rush happens, you can make a 200-400% return in a year.

2: Buy video cards now and mine on them, hoping to sell them off right before the PoS merge. You're taking a risk with timing. However, PoS should take at least 6 months. Returns in today's market can be up to 300% at free power.

Switching over to a different coin after PoS will not work, because the resale value of your GPU will collapse overnight. You must liquidate before GPU prices crash!

Anyone using this strategy with 4GB cards?.

Those days are long gone. Mine ERG, ETC, FLUX or the best coin for the hardware. Beware that after ETH PoS, all the ETH ASICs like the Innosilicon A10 / Bitmain E9 will be mining ETC/ZIL/MTP/QKC. Your GPU will be competing against ASICs which have no other choice, so expect to make 10x less revenue than you can these days.

BTW, folks who bought ETH ASICs today will be the bagholders if PoS happens in less than a year. Imagine the value of an Innosilicon A10 Pro 750Mh miner plummeting from $14k to just $2k.

If ETH can still be this profitable after all those millions of Asic miners around the world then its possible that other PoW coins will continue from where ETH left off, its only a matter of time, once every coins are worthless to mine the difficulty will start reducing, this is where I will get in.