Topic: Dummy question on videocard comparison - will the current cards become obsolete (Read 838 times)

Quote from: lbr on April 04, 2013, 03:39:19 AM

Anyway, it is pretty much impossible to compete with ASICs using GPUs.

With loads of these on the market, would the GPU's keep mining along at their current performance rate? btc or ltc per day.

Or will the actual amount mined per day be expected to drop?

Ofc it will drop.
Pretty easy to check - count all Avalon ASICs, multiply by performance, add this value to current BTC hashing rate, compute new difficulty(f.e. here - http://www.kaptain.me/btc_calc.php), check how much GPU will earn per day at this difficulty.

Thanks, that's what I figured. Interesting conundrum Undecided

However.. more ASICs = more overall Bitcoin hasrate = more trust in Bitcoin = more USD per BTC = more profit for everyone, including GPUs
; )

So you are saying GPUs will still get to mine at least "some" bitcoins? I'm worried if i run x4 gpus there will be no return at all. (I've been CPU mining litecoin as a test and the solo mining so far has shown 0 ROI).

-D

The amount of BTC earned by GPU per day will drop. BTC exchange rate will probably rise.. feel free to make your opwn calculations ; )

simplydt

full member

Activity: 126

Merit: 100

Quote from: #Darren on April 04, 2013, 03:25:46 AM

Quote from: #Darren on April 04, 2013, 03:25:46 AM

Anyway, it is pretty much impossible to compete with ASICs using GPUs.

With loads of these on the market, would the GPU's keep mining along at their current performance rate? btc or ltc per day.

Or will the actual amount mined per day be expected to drop?

Ofc it will drop.
Pretty easy to check - count all Avalon ASICs, multiply by performance, add this value to current BTC hashing rate, compute new difficulty(f.e. here - http://www.kaptain.me/btc_calc.php), check how much GPU will earn per day at this difficulty.

Thanks, that's what I figured. Interesting conundrum Undecided

However.. more ASICs = more overall Bitcoin hasrate = more trust in Bitcoin = more USD per BTC = more profit for everyone, including GPUs
; )

So you are saying GPUs will still get to mine at least "some" bitcoins? I'm worried if i run x4 gpus there will be no return at all. (I've been CPU mining litecoin as a test and the solo mining so far has shown 0 ROI).

-D

lbr

sr. member

Activity: 423

Merit: 254

Anyway, it is pretty much impossible to compete with ASICs using GPUs.

With loads of these on the market, would the GPU's keep mining along at their current performance rate? btc or ltc per day.

Or will the actual amount mined per day be expected to drop?

Ofc it will drop.
Pretty easy to check - count all Avalon ASICs, multiply by performance, add this value to current BTC hashing rate, compute new difficulty(f.e. here - http://www.kaptain.me/btc_calc.php), check how much GPU will earn per day at this difficulty.

Thanks, that's what I figured. Interesting conundrum Undecided

However.. more ASICs = more overall Bitcoin hasrate = more trust in Bitcoin = more USD per BTC = more profit for everyone, including GPUs
; )

#Darren

sr. member

Activity: 784

Merit: 250

DIA | Data infrastructure for DeFi

Anyway, it is pretty much impossible to compete with ASICs using GPUs.

With loads of these on the market, would the GPU's keep mining along at their current performance rate? btc or ltc per day.

Or will the actual amount mined per day be expected to drop?

Ofc it will drop.
Pretty easy to check - count all Avalon ASICs, multiply by performance, add this value to current BTC hashing rate, compute new difficulty(f.e. here - http://www.kaptain.me/btc_calc.php), check how much GPU will earn per day at this difficulty.

Thanks, that's what I figured. Interesting conundrum Undecided

lbr

sr. member

Activity: 423

Merit: 254

Anyway, it is pretty much impossible to compete with ASICs using GPUs.

With loads of these on the market, would the GPU's keep mining along at their current performance rate? btc or ltc per day.

Or will the actual amount mined per day be expected to drop?

Ofc it will drop.
Pretty easy to check - count all Avalon ASICs, multiply by performance, add this value to current BTC hashing rate, compute new difficulty(f.e. here - http://www.kaptain.me/btc_calc.php), check how much GPU will earn per day at this difficulty.

#Darren

sr. member

Activity: 784

Merit: 250

DIA | Data infrastructure for DeFi