Yeah, everybody mine ETH as much as you can :3
No thanks, my "more NVidia than not" farm makes quite a bit more mining other stuff on the NVidia cards.
The R9 290s though like ETH....
Topic: Drop of hashrate for Polaris cards incoming (Read 13939 times)
No thanks, my "more NVidia than not" farm makes quite a bit more mining other stuff on the NVidia cards.
The R9 290s though like ETH....
Yeah, everybody mine ETH as much as you can :3
@metroid is spamer, ignore him 
He probably have rig or two, and does not want any new "noobs" in mining world, cuz that mean less $$ for his ass. I bet he is crying every time he see diff increase and eth price change
He probably have rig or two, and does not want any new "noobs" in mining world, cuz that mean less $$ for his ass. I bet he is crying every time he see diff increase and eth price change
I like all this, eth price going to hell, noobs buying millions of usd in hardware and difficulty is rising, profit is 250% down, ice age coming, reduction coming, and in few weeks profit will be 1000% down so all this means that noobs will finally have a reason to commit suicide.
If it affects most people, then it is not a problem.
I like all this, eth price going to hell, noobs buying millions of usd in hardware and difficulty is rising, profit is 250% down, ice age coming, reduction coming, and in few weeks profit will be 1000% down so all this means that noobs will finally have a reason to commit suicide.
all the cries about Ethereum.. DAG bomb.. F*** Ethereum.. mine something else. If it's not the hashrate drop then it's the POS switch.. 
if it's not that then it's something else.
if it's not that then it's something else.It's not about ethereum it's the hashpower that starts to run that will kill mining profitability in no time for all other coins.
True, market is super saturated... Good thing i'm into other coins besides Eth. aww.. my poor GPU rig which will run out soon I guess
all the cries about Ethereum.. DAG bomb.. F*** Ethereum.. mine something else. If it's not the hashrate drop then it's the POS switch.. if it's not that then it's something else.
if it's not that then it's something else.It's not about ethereum it's the hashpower that starts to run that will kill mining profitability in no time for all other coins.
all the cries about Ethereum.. DAG bomb.. F*** Ethereum.. mine something else. If it's not the hashrate drop then it's the POS switch.. if it's not that then it's something else.
if it's not that then it's something else. ...
Why would you want to extend rigs when the era of mining is just about coming to and end?
Coming to an end? Can't count the times I've read this.
How do you know it's coming to an end? Because ETH price is going down?
Even if this is the end of mining, I am sure you can't know it.
Overcapacity of miners looking for something else to mine after ETH mining becomes first unprofitable and next not possible to mine. With as a result very rapid difficulty rises for other coins that are not matched by insane gains for these coins which will render mining these coins unprofitable in no time if this rise is not accompanied by rapid coin value growth.
The space is satturated, both with hashing power and coins. No trippling of market caps so not sure where you think mining profitability is coming from (in case of no free electricity)
There is no major pow coin on the horizon to replace ETH with a chance to follow the same bubblepath as ETH. Hypes usually kill themselves which also holds for the mining hype.
Yep, not the first time we have overcapacity of miners. Not the first time when profit is going down rapidly. Not the first there isn't any good POW alternative.
And we see this since 2011 almost every year.
Problem of humans is that they think the future will be the same as the past. That is certainly the case when money is at stake
...
Why would you want to extend rigs when the era of mining is just about coming to and end?
Coming to an end? Can't count the times I've read this.
How do you know it's coming to an end? Because ETH price is going down?
Even if this is the end of mining, I am sure you can't know it.
Overcapacity of miners looking for something else to mine after ETH mining becomes first unprofitable and next not possible to mine. With as a result very rapid difficulty rises for other coins that are not matched by insane gains for these coins which will render mining these coins unprofitable in no time if this rise is not accompanied by rapid coin value growth.
The space is satturated, both with hashing power and coins. No trippling of market caps so not sure where you think mining profitability is coming from (in case of no free electricity)
There is no major pow coin on the horizon to replace ETH with a chance to follow the same bubblepath as ETH. Hypes usually kill themselves which also holds for the mining hype.
Yep, not the first time we have overcapacity of miners. Not the first time when profit is going down rapidly. Not the first there isn't any good POW alternative.
And we see this since 2011 almost every year.
...
Why would you want to extend rigs when the era of mining is just about coming to and end?
Coming to an end? Can't count the times I've read this.
How do you know it's coming to an end? Because ETH price is going down?
Even if this is the end of mining, I am sure you can't know it.
Overcapacity of miners looking for something else to mine after ETH mining becomes first unprofitable and next not possible to mine. With as a result very rapid difficulty rises for other coins that are not matched by insane gains for these coins which will render mining these coins unprofitable in no time if this rise is not accompanied by rapid coin value growth.
The space is satturated, both with hashing power and coins. No trippling of market caps so not sure where you think mining profitability is coming from (in case of no free electricity)
There is no major pow coin on the horizon to replace ETH with a chance to follow the same bubblepath as ETH. Hypes usually kill themselves which also holds for the mining hype.
...
Why would you want to extend rigs when the era of mining is just about coming to and end?
Coming to an end? Can't count the times I've read this.
How do you know it's coming to an end? Because ETH price is going down?
Even if this is the end of mining, I am sure you can't know it.
One era stop, another kicks in
"upgrade" to 1070s which, by the way, aren't really any better than RX470/570
The GTX 1070 is slightly better than any RX series on ETH - but it shines a LOT better on other coins like ZEC.
It will also have better resale value down the road once the current "shortage-driven gouge pricing" collapses.
IMO if you can sell off an RX 470/480/570/580 for close to the cost of a GTX 1070 you ARE doing yourself a long-term favor by moving up that way while you can.
On the other hand, finding GTX 1070s at anywhere near MSRP has gotten almost as difficult the last 2 weeks as finding RX 470/480/570/580 for the last 2 months or so has been....
Keep in mind that while ETH might command a small majority of all GPUs currently in use, it's NOT all of crypto or even close - and a lot of other coins perform MUCH better on NVidia hardware at this time.
I can understand the "already have the card, just keep it going" concept though, and not saying there is anything WRONG with that.
I do agree man, just feel like the few extra hashes aren't worth the hassle of flooding the local market with some used 470s, too many people are already trying to take advantage of the shortage.
I just received 6 MSI RX570 4G Gaming X I ordered end of may and I got another 7 that are supposed to arrive in about a week. Got the cards for ~200$. From what I can see, some large stocks of AMD cards are starting to arrive, I'd say mid-july will be a nice time to shop for some GPUs again!
Your order in May just arrived. It is a long wait.
"upgrade" to 1070s which, by the way, aren't really any better than RX470/570
The GTX 1070 is slightly better than any RX series on ETH - but it shines a LOT better on other coins like ZEC.
It will also have better resale value down the road once the current "shortage-driven gouge pricing" collapses.
IMO if you can sell off an RX 470/480/570/580 for close to the cost of a GTX 1070 you ARE doing yourself a long-term favor by moving up that way while you can.
On the other hand, finding GTX 1070s at anywhere near MSRP has gotten almost as difficult the last 2 weeks as finding RX 470/480/570/580 for the last 2 months or so has been....
Keep in mind that while ETH might command a small majority of all GPUs currently in use, it's NOT all of crypto or even close - and a lot of other coins perform MUCH better on NVidia hardware at this time.
I can understand the "already have the card, just keep it going" concept though, and not saying there is anything WRONG with that.
I do agree man, just feel like the few extra hashes aren't worth the hassle of flooding the local market with some used 470s, too many people are already trying to take advantage of the shortage.
I just received 6 MSI RX570 4G Gaming X I ordered end of may and I got another 7 that are supposed to arrive in about a week. Got the cards for ~200$. From what I can see, some large stocks of AMD cards are starting to arrive, I'd say mid-july will be a nice time to shop for some GPUs again!
Why would you want to extend rigs when the era of mining is just about coming to and end?
"upgrade" to 1070s which, by the way, aren't really any better than RX470/570
The GTX 1070 is slightly better than any RX series on ETH - but it shines a LOT better on other coins like ZEC.
It will also have better resale value down the road once the current "shortage-driven gouge pricing" collapses.
IMO if you can sell off an RX 470/480/570/580 for close to the cost of a GTX 1070 you ARE doing yourself a long-term favor by moving up that way while you can.
On the other hand, finding GTX 1070s at anywhere near MSRP has gotten almost as difficult the last 2 weeks as finding RX 470/480/570/580 for the last 2 months or so has been....
Keep in mind that while ETH might command a small majority of all GPUs currently in use, it's NOT all of crypto or even close - and a lot of other coins perform MUCH better on NVidia hardware at this time.
I can understand the "already have the card, just keep it going" concept though, and not saying there is anything WRONG with that.
I do agree man, just feel like the few extra hashes aren't worth the hassle of flooding the local market with some used 470s, too many people are already trying to take advantage of the shortage.
I just received 6 MSI RX570 4G Gaming X I ordered end of may and I got another 7 that are supposed to arrive in about a week. Got the cards for ~200$. From what I can see, some large stocks of AMD cards are starting to arrive, I'd say mid-july will be a nice time to shop for some GPUs again!
"upgrade" to 1070s which, by the way, aren't really any better than RX470/570
The GTX 1070 is slightly better than any RX series on ETH - but it shines a LOT better on other coins like ZEC.
It will also have better resale value down the road once the current "shortage-driven gouge pricing" collapses.
IMO if you can sell off an RX 470/480/570/580 for close to the cost of a GTX 1070 you ARE doing yourself a long-term favor by moving up that way while you can.
On the other hand, finding GTX 1070s at anywhere near MSRP has gotten almost as difficult the last 2 weeks as finding RX 470/480/570/580 for the last 2 months or so has been....
Keep in mind that while ETH might command a small majority of all GPUs currently in use, it's NOT all of crypto or even close - and a lot of other coins perform MUCH better on NVidia hardware at this time.
I can understand the "already have the card, just keep it going" concept though, and not saying there is anything WRONG with that.
What if I sold an RX480 for $350, and bought a 1070 for $310?
Was that stupid too?
Was that stupid too?
If you can actually get it sold for that price then go ahead. But you will still need to add money to get the 1070.
All over Craiglists its the same people over and over posting their RX gpus for $300-400 each, and they repost everyday and not a single one sold. Aside from a few lucky people, most people can't sell their RX gpus for $400.
Even if I could sell my RX 480 for the exact same price of a NVIDIA GTX 1070, I rather not deal with the headache of eBay/Craiglist people. And its not worth the hassle to remove GPUs, add GPUs, configure GPUs, etc. I'm not a newbie, been mining for way too long and "assembling" rigs is no longer fun for me, its boring.
In the end I don't really care about making an extra $50 per GPU per year.
Like the previous poster said, the real money is in trading cryptos.
Well in 12 months instead of making $5/day you might be making $0.50/day so by then its going to be a completely different situation.
I wish you luck and everything with your GTX 1080 and so, but for the old buggers like me, I rather just leave my rigs as they are.
Same here, with a full time job and a family to take care of, the hassle of removing GPUs, reflashing them back to stock, packaging them, selling them, just to make a few extra $ to buy nvidia cards just doesn't make sense to me. Plus the real smart choice would have been to buy ETH when it crashed to around 230$ and just hold for a few months, not to "upgrade" to 1070s which, by the way, aren't really any better than RX470/570. Granted they might have a better resell value but that's about it, they're not that much faster than the polaris based cards. But hey, if you got them for less than what you sold your 470s for, good for you.
And I don't get this consensus which seems to float around that "Polaris will be useless with the DAG problem so nvidia is the only good choice!". Like...you do realize I can mine other coins than ETH with my cards right? They are not just going to become useless overnight.
Anyway, all my 470s have paid themselves off long ago with what I've mined, traded and invested in.
Happy cryptoning
Well in 12 months instead of making $5/day you might be making $0.50/day so by then its going to be a completely different situation.
I wish you luck and everything with your GTX 1080 and so, but for the old buggers like me, I rather just leave my rigs as they are.
I wish you luck and everything with your GTX 1080 and so, but for the old buggers like me, I rather just leave my rigs as they are.
I know exactly what you mean.
It was fun at the start, puting rigs together, trying out hundreds of different settings, trying to get more hash, less consumption, doing nice cable management etc...
After that it just gets boring and something you don't want to do.
It's fun to have a rig or two, but having many is just boring hard work if something goes wrong.
Not to mention i have to work in my underwear because of the tremendous heat and still sweating like crazy.
I swear the god, there were times i nearly passed out...
What if I sold an RX480 for $350, and bought a 1070 for $310?
Was that stupid too?
Was that stupid too?
If you can actually get it sold for that price then go ahead. But you will still need to add money to get the 1070.
All over Craiglists its the same people over and over posting their RX gpus for $300-400 each, and they repost everyday and not a single one sold. Aside from a few lucky people, most people can't sell their RX gpus for $400.
Even if I could sell my RX 480 for the exact same price of a NVIDIA GTX 1070, I rather not deal with the headache of eBay/Craiglist people. And its not worth the hassle to remove GPUs, add GPUs, configure GPUs, etc. I'm not a newbie, been mining for way too long and "assembling" rigs is no longer fun for me, its boring.
In the end I don't really care about making an extra $50 per GPU per year.
Like the previous poster said, the real money is in trading cryptos.
Well in 12 months instead of making $5/day you might be making $0.50/day so by then its going to be a completely different situation.
I wish you luck and everything with your GTX 1080 and so, but for the old buggers like me, I rather just leave my rigs as they are.
Jump to: