Bitcoin Forum
May 02, 2024, 07:53:20 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: GPU mining endgame scenario  (Read 1121 times)
Scrapper89 (OP)
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
April 30, 2014, 11:30:47 AM
 #1

Dear all,

I wanted to pose a bit out of topic question to fellow miners & GPU mining-farm owners.

Now, with asic's already jumping on scrypt pools and GPU farms yielding low (<50%, unless you have free electricity) yearly ROI, I start to think of end-game scenarios for GPU mining.
What will you do when the profit is down to 0% (earnings=cost of electricity)?

A) Sell your hardware? Buyers won't be queing up, since the cards were heavily abused...
B) Start a GPGPU/ OpenCL & CUDA compute cluster? - Limited application as gaming cards are slow with double precision arithmetics. On the other hand TFLOP-wise these cards are sick fast on single-precision when compared to the price of Tesla hardware...
C) Start a 3d-render farm? - Does anyone even use these things? Movie companies have their own and complain that double-precision is not even enough for them and they use CPU farms.

D) Another (viable) option is to set-up a remote gaming service, allow people to play games on your high-end gpus. There are a bunch of commercial systems (e.g. Onlive), most of them suffer from internet lags, so your small farm could be a better option for your neighbors who are geographically nearby. But again - software (exists, open source and others), game licenses...

What do you think/plan?
1714679600
Hero Member
*
Offline Offline

Posts: 1714679600

View Profile Personal Message (Offline)

Ignore
1714679600
Reply with quote  #2

1714679600
Report to moderator
1714679600
Hero Member
*
Offline Offline

Posts: 1714679600

View Profile Personal Message (Offline)

Ignore
1714679600
Reply with quote  #2

1714679600
Report to moderator
1714679600
Hero Member
*
Offline Offline

Posts: 1714679600

View Profile Personal Message (Offline)

Ignore
1714679600
Reply with quote  #2

1714679600
Report to moderator
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714679600
Hero Member
*
Offline Offline

Posts: 1714679600

View Profile Personal Message (Offline)

Ignore
1714679600
Reply with quote  #2

1714679600
Report to moderator
1714679600
Hero Member
*
Offline Offline

Posts: 1714679600

View Profile Personal Message (Offline)

Ignore
1714679600
Reply with quote  #2

1714679600
Report to moderator
1714679600
Hero Member
*
Offline Offline

Posts: 1714679600

View Profile Personal Message (Offline)

Ignore
1714679600
Reply with quote  #2

1714679600
Report to moderator
powersup
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
April 30, 2014, 01:12:40 PM
 #2

Dear all,

I wanted to pose a bit out of topic question to fellow miners & GPU mining-farm owners.

Now, with asic's already jumping on scrypt pools and GPU farms yielding low (<50%, unless you have free electricity) yearly ROI, I start to think of end-game scenarios for GPU mining.
What will you do when the profit is down to 0% (earnings=cost of electricity)?

A) Sell your hardware? Buyers won't be queing up, since the cards were heavily abused...
B) Start a GPGPU/ OpenCL & CUDA compute cluster? - Limited application as gaming cards are slow with double precision arithmetics. On the other hand TFLOP-wise these cards are sick fast on single-precision when compared to the price of Tesla hardware...
C) Start a 3d-render farm? - Does anyone even use these things? Movie companies have their own and complain that double-precision is not even enough for them and they use CPU farms.

D) Another (viable) option is to set-up a remote gaming service, allow people to play games on your high-end gpus. There are a bunch of commercial systems (e.g. Onlive), most of them suffer from internet lags, so your small farm could be a better option for your neighbors who are geographically nearby. But again - software (exists, open source and others), game licenses...

What do you think/plan?

Endgame for GPU not even close.  I dont know why so many GPU rig owners believe this is the case.

try a different algo: X11, X13, Scrypt-N just to name a few.  Do some research and you will soon find these equally if not more profitable then vanilla script coins.
Equate
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


View Profile
April 30, 2014, 01:38:33 PM
 #3

If you know which coin to mine and your electricity is cheap , GPU mining is still profitable.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!