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Author Topic: GPU mining endgame scenario  (Read 1123 times)
Scrapper89 (OP)
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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?
powersup
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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
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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.
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