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atlosas (OP)
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August 15, 2014, 12:52:11 PM |
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Hello, i am thinking of setting a gpu farm for scrypt-n or x11 or any other coins. Is it still profitable? Which would u recommend?
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MajidBC
Full Member
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Activity: 182
Merit: 100
KryptKoin is one of the best!!!
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August 15, 2014, 01:09:47 PM |
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The only thing I can say is that I want to sell some of my GPUs, just waste of electricity, but keep some of them, maybe it become profitable in the future.
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jox
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August 15, 2014, 01:15:02 PM |
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The only thing I can say is that I want to sell some of my GPUs, just waste of electricity, but keep some of them, maybe it become profitable in the future.
+1 |
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notlist3d
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Activity: 1456
Merit: 1000
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August 15, 2014, 05:00:09 PM |
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Advice do some serious ROI calculations including electricity and heat removal. With GPU's sadly it is dead for most on mining. I moved on to asics i can do them profitably but GPU's are hard to profit now days if not impossible for most.
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petersiddle98
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August 16, 2014, 08:46:41 AM |
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Hello, i am thinking of setting a gpu farm for scrypt-n or x11 or any other coins. Is it still profitable? Which would u recommend?
Most gpu farm right now regretted investing into GPU farm, if you have a choice please reconsider. Calculate the difficulty increment, calculate your electricity and you will know that it is a really bad choice... |
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Coin_Promo_Group
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August 16, 2014, 07:09:13 PM |
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If you have free electricity that might be a good option, otherwise not.
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papilovesyou
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August 16, 2014, 07:14:19 PM |
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i think gpu mining is kinda dead now.. just wait for new software to come out and mining with gpu will become profitable again.. and a lot of the coins are taking a big nose dive in prices.. i wouldn't recommend at this point in time!
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Wexlike
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Merit: 1086
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August 16, 2014, 07:53:01 PM |
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Monero is still pretty profitable "IF" you have cheap electricity - otherwise you pay more for electricity than you earn. Everything else is pretty much not profitable. I have no idea how some coins get their hashpower from, when you see how incredible unprofitable they are.
But i would advice you not to invest in a GPU farm. At least wait till the new gpu generation is released in a month. The new Maxwell GPUs might be really fast and electricity efficient.
My advice is: Wait till the new generation gets released. Buy ~2 good and fast cards and make yourself a nice gaming pc with a good 4core+hyperthreading cpu.(Broadwell release also at the end of this year/beginning of next year with 16 nm manufactoring process)
Monero is also a great cpu mining coin if you have a good cpu.
With this gaming rig you have a nice base for future games and you can mine at the same time. Buying GPU's just for mining is just really not worth it, i think you will never see ROI - unless bitcoin price explodes in the near future.
Personally, i am selling my last few GPUs and i am buying bitcoins/monero with the money.
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ChekaZ
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Activity: 1884
Merit: 1005
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August 16, 2014, 09:36:21 PM |
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New Algorithm is already out which is asic resistant for at least 1-2 years. #NeoScrypt
Developed by #FTC and #PXC will be adopted by #ORB and #UFO more to come
PXC is already live with #NeoScrypt but GPUminers is still in the works.
Keep your GPUs.
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BTC: 1Ges1taJ69W7eEMbQLcmNGnUZenBkCnn45
FTC: 6sxjM96KMZ7t4AmDTUKDZdq82Nj931VQvY
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reb0rn21
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Merit: 1024
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August 17, 2014, 03:21:16 AM |
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New Algorithm is already out which is asic resistant for at least 1-2 years. #NeoScrypt
Developed by #FTC and #PXC will be adopted by #ORB and #UFO more to come
PXC is already live with #NeoScrypt but GPUminers is still in the works.
Keep your GPUs.
and who gona pay for forked, centralised clone worthless FTC?  |
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atlosas (OP)
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August 17, 2014, 11:37:50 AM |
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Thnx for replies
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Equate
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August 17, 2014, 01:58:13 PM |
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I have sold most of my GPUs and don't see any reason to invest in GPU farm , so do your market reasearch before investing money as ROI margin is very low.
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ajareselde
Legendary
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Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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August 17, 2014, 04:17:07 PM |
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I have sold most of my GPUs and don't see any reason to invest in GPU farm , so do your market reasearch before investing money as ROI margin is very low.
I am on the edge selling my own rigs also, but what allways stops me is the fact that i almost did that in november last year. Deciding not to sell turned out to be one of the best decisions ever. Guess we will see in a few months how it will turn out. @OP i would advise you not to invest, atleast until we see if the prices will continue to go down. |
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ChekaZ
Legendary
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Activity: 1884
Merit: 1005
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August 17, 2014, 04:20:03 PM |
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New Algorithm is already out which is asic resistant for at least 1-2 years. #NeoScrypt
Developed by #FTC and #PXC will be adopted by #ORB and #UFO more to come
PXC is already live with #NeoScrypt but GPUminers is still in the works.
Keep your GPUs.
and who gona pay for forked, centralised clone worthless FTC? Funny you  |
BTC: 1Ges1taJ69W7eEMbQLcmNGnUZenBkCnn45
FTC: 6sxjM96KMZ7t4AmDTUKDZdq82Nj931VQvY
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MajidBC
Full Member
Offline
Activity: 182
Merit: 100
KryptKoin is one of the best!!!
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August 17, 2014, 06:11:07 PM |
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New Algorithm is already out which is asic resistant for at least 1-2 years. #NeoScrypt
Developed by #FTC and #PXC will be adopted by #ORB and #UFO more to come
PXC is already live with #NeoScrypt but GPUminers is still in the works.
Keep your GPUs.
I haven't heard anything about NeoScrypt yet (except reb0rn21's post). Do others recommend it? |
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seedtrue
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Merit: 1002
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August 17, 2014, 06:14:09 PM |
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GPU mining can still be profitable if you do it right. I keep my rigs powered off 90% of the time. I turn them on and mine new coins when they are launched.
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MajidBC
Full Member
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Activity: 182
Merit: 100
KryptKoin is one of the best!!!
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August 17, 2014, 07:12:03 PM |
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GPU mining can still be profitable if you do it right. I keep my rigs powered off 90% of the time. I turn them on and mine new coins when they are launched.
I haven't seen any profitable coins since a few days ago. Most of the new coins turned out to be scams or their exchange price are too low. Can you mention any new profitable coin? |
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cisahasa
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Merit: 1000
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August 18, 2014, 12:12:03 PM |
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monero, maybe
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Equate
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August 18, 2014, 02:11:55 PM |
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GPU mining can still be profitable if you do it right. I keep my rigs powered off 90% of the time. I turn them on and mine new coins when they are launched.
Yes , that can be done also but very few good coins are released these days and chances of finding such coins is also a matter of luck. |
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