Bitcoin Forum
June 29, 2024, 10:38:43 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Is one GPU mining even feasible now?  (Read 1829 times)
Starscream
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
July 27, 2014, 10:13:01 AM
 #21

You asked if one GPU mining is feasible.

The problem isn't lying with 1 or 10 GPUs, but rather that generally speaking, GPU mining isn't profitable anymore unless you're really vigilant as Amph said.

Setting and forgetting doesn't cut it anymore (for the most part).

Okay, got it. Thanks for a straight answer. Now extension, was it ever?
Yes, definitely it was. But like any market out there it ended up evening itself, i.e. attracting new miners -> reducing profit.
Starscream
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
July 27, 2014, 10:19:19 AM
 #22

You asked if one GPU mining is feasible.

The problem isn't lying with 1 or 10 GPUs, but rather that generally speaking, GPU mining isn't profitable anymore unless you're really vigilant as Amph said.

Setting and forgetting doesn't cut it anymore (for the most part).
Care to expand on the for the most part part? Smiley
From time to time you got a coin that allows you to set and forget, albeit, they are usually not extremely profitable, but they do earn their bread (or rather, electricity).
But since there are so many more miners today, this even itself up rather quickly, so 3-7 days of mining the same coin is what it's at usually.
Amph
Legendary
*
Offline Offline

Activity: 3206
Merit: 1069



View Profile
July 27, 2014, 10:25:31 AM
 #23

You asked if one GPU mining is feasible.

The problem isn't lying with 1 or 10 GPUs, but rather that generally speaking, GPU mining isn't profitable anymore unless you're really vigilant as Amph said.

Setting and forgetting doesn't cut it anymore (for the most part).
Care to expand on the for the most part part? Smiley
From time to time you got a coin that allows you to set and forget, albeit, they are usually not extremely profitable, but they do earn their bread (or rather, electricity).
But since there are so many more miners today, this even itself up rather quickly, so 3-7 days of mining the same coin is what it's at usually.

last good example of this was revocoin, good earning for those 4 days mining
Pages: « 1 [2]  All
  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!