Author

Topic: AMD 7950 any use today? (Read 928 times)

sr. member
Activity: 294
Merit: 250
Bitmark Developer
July 04, 2014, 03:42:47 AM
#9
It may be worth pointing it at bitmark when it's released, as the project aims to earn value over time, meaning gpu mining should be viable to begin with, if you are of the nature to back a project, and hold some currency for a longer than usual period, based on merit rather than hype.

Seems like I need more research about that. Can you tell in few sentences what this project is all about?

here's one I prepared earlier:

Technically: Light and stable with a modern codebase, maturing features from the alternative currency sector which benefit users added on a faster timeline than bitcoin. Think of it more as standardization rather than innovation.

User focussed: Most development effort and innovation goes in to making bitmark as user friendly, and simple to integrate with, as possible.

Adoption: In line with being user focussed, all marketing and outreach will be to potential adopters, such as microtransaction marketplaces. The project is crafted in such a way that encourages all involved to focus on adoption.

Earned Value: no hype, no rush to get on exchanges, no ipo, premine, it's not a cash cow, it's a project to make a viable every day currency, any value will be earned.

Longevity: 0.250% (max) of the block reward goes to the bitmark development fund, supporting long term dedication to to the project, and future growth as value grows.

Distribution: A configuration which aims to ensure fair distribution whilst using proven PoW which has had substantial investment in hardware.

So, no hype or gimmicks, just a project which focusses on becoming a stable every day currency. Remember the days when the first bitcoins were gifted to each other, when buying a pizza was a milestone, when it was about developing a useful currency, when we asked how can we get x to use this, rather than what it it be worth tomorrow? this is about getting back to that ethos, whilst recognising the space has moved forward.

Project Status: We are close to releasing the first clone-able reference implementation (technically already complete), it's 90% of the bitmark foundation and serves as a modern, tested, codebase which other can fork and use to make their pump and dump clones. They're going to do it so we may as well ensure they're using safe tested code rather than copy and pastes of redundant code.
sr. member
Activity: 350
Merit: 250
July 04, 2014, 02:10:59 AM
#8
people stop wasteing your time with X11, its fpga territory there now, X13-14-15 are a joke and will die off. atm the best option is cryptonite algo. XMR is still alot more profitable then most other algos and coins....

So you are still mining with GPU right now? Tongue
But are there any coins with good potential? For this GPU is nonsence to mine scrypt now.



It may be worth pointing it at bitmark when it's released, as the project aims to earn value over time, meaning gpu mining should be viable to begin with, if you are of the nature to back a project, and hold some currency for a longer than usual period, based on merit rather than hype.

Seems like I need more research about that. Can you tell in few sentences what this project is all about?
sr. member
Activity: 294
Merit: 250
Bitmark Developer
July 03, 2014, 10:12:44 AM
#7
But are there any coins with good potential? For this GPU is nonsence to mine scrypt now.

It may be worth pointing it at bitmark when it's released, as the project aims to earn value over time, meaning gpu mining should be viable to begin with, if you are of the nature to back a project, and hold some currency for a longer than usual period, based on merit rather than hype.
legendary
Activity: 882
Merit: 1000
July 03, 2014, 08:20:32 AM
#6
people stop wasteing your time with X11, its fpga territory there now, X13-14-15 are a joke and will die off. atm the best option is cryptonite algo. XMR is still alot more profitable then most other algos and coins....
full member
Activity: 122
Merit: 100
July 03, 2014, 08:13:50 AM
#5
x11 and x13 profit drop sharply this week. shutting down my rig as I am paying more electricity then mining.
sr. member
Activity: 350
Merit: 250
July 02, 2014, 04:20:53 PM
#4
But are there any coins with good potential? For this GPU is nonsence to mine scrypt now.
newbie
Activity: 43
Merit: 0
July 02, 2014, 03:09:41 PM
#3
With one 7950 it gonna be hard but it's doable. 7950 is slightly better card then 280X if tune good. Mine x11 x13 coins with sgminer with x11mod and x13mod.
full member
Activity: 210
Merit: 100
July 02, 2014, 02:47:05 PM
#2
With a little research and a little luck you can hobby mine with a 7950, i have been for 3 months with some success
Mine coins you think are interesting, stay away from the pumps and dumps.

Mine and hold or mine and dump right to the exchange or a mix of the 2.
sr. member
Activity: 350
Merit: 250
July 02, 2014, 12:51:23 PM
#1
Hi,
is there any use in mining these days with 7950? Is there any alt worth mining or gpu days are over?

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