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Topic: Bitcoin Gold & GPU Mining? - page 3. (Read 5215 times)

legendary
Activity: 3612
Merit: 5297
https://merel.mobi => buy facemasks with BTC/LTC
October 18, 2017, 02:51:14 AM
#5
I'm curious too as to what the profits are gonna be with GPU mining Shocked I guess we'll have to wait after the 25th of October to know?

Yes, I guess too. And maybe BTG price will be same as BTC and if that happens that will be goldmine for GPU miners. Because I will purchase 4x AMD 580 then and start making money haha...  Grin

I would doubt this, very much... I don't foresee the price to be near the price of BTC. If it was, thousands of people would fire up their GPU mining rig, and drive the diff waaaay up. You'd still be making money in this (utopian) case, but i doubt it would be a "goldmine" (pun intended Wink )..

Don't get me wrong, i'd love to see a world where the bitcoin hashrate would become decentralised again, but i very much doubt that bitcoin gold will be the answer. I just think it'll become an altcoin, like many before, with the possible exception their blockchain will keep btc's transaction history up untill the point of the actual fork.
That's just my opinion tough, i can be wrong, but i doubt it...
sr. member
Activity: 293
Merit: 250
https://tinyurl.com/cheapVPS200
October 18, 2017, 02:48:31 AM
#4
I'm curious too as to what the profits are gonna be with GPU mining Shocked I guess we'll have to wait after the 25th of October to know?

Yes, I guess too. And maybe BTG price will be same as BTC and if that happens that will be goldmine for GPU miners. Because I will purchase 4x AMD 580 then and start making money haha...  Grin
newbie
Activity: 34
Merit: 0
October 18, 2017, 02:44:04 AM
#3
I'm curious too as to what the profits are gonna be with GPU mining Shocked I guess we'll have to wait after the 25th of October to know?
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
October 18, 2017, 02:18:00 AM
#2
just the fact that you can mine it, alone doesn't mean it is going to also be profitable.

it depends on a lot of factors. most important of all is the price of Bitcoin Gold. then the cost of the mining, which is mostly the electric bill that you have to pay and the investment you have to make in the equipment.
so you can't really say "... mine a lot of money..." unless you see how much BTG is going to be traded at.
sr. member
Activity: 293
Merit: 250
https://tinyurl.com/cheapVPS200
October 18, 2017, 02:06:16 AM
#1
Hi There, I'm not that expert in mining or not related to as I don't have that much money to buy powerful ASIC machines to mine bitcoins...

But, according to btcgpu.org Bitcoin Gold is for GPU miners.  Grin and that can really mine a lot of money using GPU's right?
How much money they can make with AMD RX580 8GB? Seems like a noob type question but really interested to know...
  Roll Eyes
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