Topic: Best Coin to Mine with a GPU (Read 22620 times)

mine Verge in scrypt, x17, lyra2rev2, blake2s, and myr-groestl  

Gridcoin (rewards BOINC computation) has had GPU support for a while now. Why waste electricity on hashing with your GPU when you could be contributing to real scientific research?

If you've got Nvidia you can crunch:
GPUgrid: Full-atom molecular simulations of proteins
Asteroids@home: Asteroid research - it uses photometric measurements of asteroids observed by professional big all-sky surveys as well as 'backyard' astronomers. The data is processed using the lightcurve inversion method and a 3D shape model of an asteroid together with the rotation period and the direction of the spin axis are derived.

If you've got AMD you can crunch:
Milkyway@home: Creation of a 3d map of the milkyway galaxy using data gathered by the Sloan Digital Sky Survey. This project enables research in both astroinformatics and computer science.
POEM@HOME: Models protein folding using Anfinsen's dogma

There's also some multi-gpu compatible projects:
Collatz Conjecture: Attempting to disprove the Collatz Conjecture
Einstein@home: Search for spinning neutron (pulsars) stars using data from the LIGO gravitational-wave detectors, the Arecibo radio telescope, and the Fermi gamma-ray satellite
PrimeGrid: Search for prime numbers. Primes play a central role in the cryptographic systems which are used for computer security. Through the study of prime numbers it can be shown whether current security schemes are sufficiently secure.
SETI@home: Search for Extraterrestrial Intelligence (SETI)

You could generate Writcoin™ blocks and mint yourself GEC as compensation. Since Writcoin regulates Merkle roots (not block hashes), finding an acceptable Merkle root entails hashing all of the transactions in a block. The memory intensive nature of that should be more suited to your GPU than an ASIC (at least, for the near future).

The mining "market" is just like any other market. If there are wild prospects of profit people will flood the market until it's not profitable anymore and they drop out.

It's easier to drop out of the market of "hotdog selling stands" when there are more stands on a square than customers, with cryptocoins it's very difficult to clearly drop out, unless you calculate that you pay more for electricity than for what the coins would cost on an exchange

Just the right person to ask...so, since I stopped mining a long time ago and I am now trying to get back into it, let me ask you (because you know this better than anyone):

1) What coins would you be mining? (Ive seen threads where you help people through multipool setup but Im curious about specific coins)

2) And since Im getting back in should I grab 280x's? I have two 290x Lightnings in my gaming rig right now but Im not going to torture those by mining on them

Im really curious because Im ready to buy my cards this week. I just cant seem to figure out which way to go here.

While I would agree that private kernels have always be around, I'm inclined to believe they are part of the problem. Whatever they are in the black or not it's another matter... I wouldn't cut it so short.
Power consumption typically grows slower than hashrate... seriously it has been this way in software for decades! It is more likely big farms (provided they exist) do not produce enough marginal gains anymore. If you invest 1000 you might get along with a 1% ... but when investing 100k investors will want 30% easily.

I will need to look into this as I have a few rigs sitting idle.

Its easy, coinwarz.com

But where can I trade them? I don't seem to find any exchanges that let me trade them into anything so that I can later continue trading on Cryptsy.

EDIT: Nevermind, it trades on Bittrex: https://www.bittrex.com/Market/Index?MarketName=BTC-SPR

Well, the profitability is so low that even with private kernal that gives 2x the hashrate (assuming power stay the same) is still not making any profit. And private kernels usually consume more power so its still not worth mining.

Stop spreading these lies. Private miners have always been around, I saw heavy debates a year ago on IRC about this, but never saw anything on btctalk. These people have just stepped out of the shadows because it's hard to get any priv customers either.

Bitcoin is low -> people lose trust in crypto in general -> less buyers -> miners squirming for the last pennies/buyorders on a coin -> no base for a coin to grow on -> no profitability (and some other steps in between).

Spreadcoin is highly profitable on GPU's because it excludes pools and has a unique algorithm: https://bitcointalksearch.org/topic/ann-spreadcoin-true-decentralization-no-pools-testing-new-masternodes-715435

I think you can have a try EGOLD, SILVR and ELEMS, no ASIC for them.

https://nxtforum.org/monetary-system-153/

GPU mining is profitable with private kernels, you have to pay select forum members a couple BTC for them though and it's unprofitable to mine with public kernels because of it. That's it.

GPU mining will never be profitable again unless someone develops a product that will actually be developed over time and not private kernels that are sold in the background you never know about.

Sadly GPU just costs so much you mine at a loss anymore.   There would have to be a new coin or one go up a lot in value to make it worth while.

If you have multiple GPU machine you are most likely better off selling the GPU's and buying coins with money.

nothing at the moment, we all hope for a better time to come, for gpu mining

i've only heard that SONG is good to mine, but it's scrypt

Youre not likely to make any money on any GPU coin these days. HOwever, if you like playing with hardware and want to learn go for it. I play around and mine Feathercoin, they switched from scrypt to neo-scrypt so they could stay GPU mineable.

Hello,

Are there any coins that do not have any ASIC miners, and that therefore can be mined by a regular GPU and still get a decent amount of that coin and maybe a bit of money?

Also, let me know what you mean with your GPU.

Thank you very much.