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Author Topic: Looking for advice on gpu farm  (Read 1339 times)
atlosas (OP)
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August 15, 2014, 12:52:11 PM
 #1

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?
MajidBC
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August 15, 2014, 01:09:47 PM
 #2

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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August 15, 2014, 01:15:02 PM
 #3

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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August 15, 2014, 05:00:09 PM
 #4

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.
petersiddle98
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August 16, 2014, 08:46:41 AM
 #5

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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August 16, 2014, 07:09:13 PM
 #6

If you have free electricity that might be a good option, otherwise not.
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August 16, 2014, 07:14:19 PM
 #7

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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August 16, 2014, 07:53:01 PM
 #8

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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August 16, 2014, 09:36:21 PM
 #9

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.

BTC: 1Ges1taJ69W7eEMbQLcmNGnUZenBkCnn45
FTC: 6sxjM96KMZ7t4AmDTUKDZdq82Nj931VQvY
reb0rn21
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August 17, 2014, 03:21:16 AM
 #10

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? Smiley

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atlosas (OP)
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August 17, 2014, 11:37:50 AM
 #11

Thnx for replies
Equate
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August 17, 2014, 01:58:13 PM
 #12

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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August 17, 2014, 04:17:07 PM
 #13

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.
ChekaZ
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August 17, 2014, 04:20:03 PM
 #14

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? Smiley

Funny you Wink

BTC: 1Ges1taJ69W7eEMbQLcmNGnUZenBkCnn45
FTC: 6sxjM96KMZ7t4AmDTUKDZdq82Nj931VQvY
MajidBC
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August 17, 2014, 06:11:07 PM
 #15

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?
seedtrue
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August 17, 2014, 06:14:09 PM
 #16

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.
MajidBC
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August 17, 2014, 07:12:03 PM
 #17

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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August 18, 2014, 12:12:03 PM
 #18

monero, maybe

Equate
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August 18, 2014, 02:11:55 PM
 #19

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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