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Topic: GPU Mining. - page 2. (Read 4344 times)

legendary
Activity: 896
Merit: 1000
July 13, 2014, 12:27:02 PM
#55
GPU mining is still profitable.  Mine x11, x13 or NIST5 and you'll save a lot of electricity right off the bat.  You can make slightly more BTC by getting in on new altcoins early while the difficulty is low.  A lot of coins are proof-of-stake now as well so you can just leave the coins in your wallet and they collect interest.  The trick to it all is mining and dumping the shit coins versus mining and staking the good ones.  Good luck!

How much you can get mining those altcoin a day, say with a r280x?
hero member
Activity: 519
Merit: 500
July 13, 2014, 07:41:09 AM
#54
While it may be profitable for a few people, I would not recommend setting up a GPU farm at this time.   There GPU farms who switch off of Bitcoin in 2013 were already sunk costs.  The run-up of LTC and Doge earlier put that strain on the AMD GPU market.  Now you can find secondhand used GPUs dirt cheap for a reason Tongue
full member
Activity: 150
Merit: 100
Ad Libertas!
July 13, 2014, 04:06:28 AM
#53
GPU mining is still profitable.  Mine x11, x13 or NIST5 and you'll save a lot of electricity right off the bat.  You can make slightly more BTC by getting in on new altcoins early while the difficulty is low.  A lot of coins are proof-of-stake now as well so you can just leave the coins in your wallet and they collect interest.  The trick to it all is mining and dumping the shit coins versus mining and staking the good ones.  Good luck!
hero member
Activity: 583
Merit: 500
July 13, 2014, 03:38:18 AM
#52
None of the gpu mining is profitable, better sell of right now!!
hero member
Activity: 868
Merit: 1000
July 13, 2014, 03:33:43 AM
#51
I think it's just like CPUs. CPUs used to be profitable, now it would be a total joke to try to mine with a CPU. I think gpus are headed that way, if not already there. It could be fun to tinker for a bit with it to get your feet wet with mining though. I did it for a while but then it wasn't worth it.

Pretty much so, unless there will be a hugely successful ASIC-resistant coin.

The problem is if a coin becomes successful somebody will want to develop a specific machine just for it.

Very true. Scrypt was ASIC-resistant, and those x11 algorithm was GPU-resistant.  Grin
hero member
Activity: 519
Merit: 500
July 13, 2014, 03:27:21 AM
#50
I think it's just like CPUs. CPUs used to be profitable, now it would be a total joke to try to mine with a CPU. I think gpus are headed that way, if not already there. It could be fun to tinker for a bit with it to get your feet wet with mining though. I did it for a while but then it wasn't worth it.

Pretty much so, unless there will be a hugely successful ASIC-resistant coin.

The problem is if a coin becomes successful somebody will want to develop a specific machine just for it.  If BTC stayed at $0.10 there would be no ASICs for it. People wouldn't even bother with GPUs for it.  The ASICs follow the money trail.
hero member
Activity: 686
Merit: 500
July 13, 2014, 02:39:12 AM
#49
You can mine only alt coins now on GPU

alt coin like dogecoin, litecoin, and many more with scrypt algo are not profitable now
you have to choose alt coin with asic resistant like darkcoin (x11 algo)
hero member
Activity: 882
Merit: 1000
Exhausted
July 12, 2014, 01:58:23 AM
#48
I think it's just like CPUs. CPUs used to be profitable, now it would be a total joke to try to mine with a CPU. I think gpus are headed that way, if not already there. It could be fun to tinker for a bit with it to get your feet wet with mining though. I did it for a while but then it wasn't worth it.

Pretty much so, unless there will be a hugely successful ASIC-resistant coin.
hero member
Activity: 700
Merit: 500
July 11, 2014, 10:47:41 PM
#47
I think it's just like CPUs. CPUs used to be profitable, now it would be a total joke to try to mine with a CPU. I think gpus are headed that way, if not already there. It could be fun to tinker for a bit with it to get your feet wet with mining though. I did it for a while but then it wasn't worth it.
sr. member
Activity: 266
Merit: 250
July 11, 2014, 09:20:07 PM
#46
Barring somebody having access to 100% free electricity there are no profitable GPU coins for mining.  Scrypt coins had that distinction for quite awhile until scrypt asics started appearing.  Then Adaptive Scrypt-N coins, followed by X11/X13, Keccak, Grotesl, and Quark.

But as it stands now...GPU mining is pretty much screwed universally in my opinion.

Unless free electricity it is hard for big GPU miners.   I know i sold mine off because you have to add in cooling to the equation running lots of cards and cooling electric bills were not fun for GPU.
Even if you have free electricity, the amount that GPU mining will produce will likely not even be worth your time.
hero member
Activity: 619
Merit: 500
July 10, 2014, 01:37:58 AM
#45
If you find a way to mine cryptonight coin using GPU, that may still have some profit in it.

https://bitcointalksearch.org/topic/claymores-cryptonote-amd-gpu-miner-v113-638915
From the feedback on that thread, it seems it does work.

legendary
Activity: 1456
Merit: 1000
July 09, 2014, 11:12:34 PM
#44
Barring somebody having access to 100% free electricity there are no profitable GPU coins for mining.  Scrypt coins had that distinction for quite awhile until scrypt asics started appearing.  Then Adaptive Scrypt-N coins, followed by X11/X13, Keccak, Grotesl, and Quark.

But as it stands now...GPU mining is pretty much screwed universally in my opinion.

Unless free electricity it is hard for big GPU miners.   I know i sold mine off because you have to add in cooling to the equation running lots of cards and cooling electric bills were not fun for GPU.
full member
Activity: 210
Merit: 100
★☆★ 777Coin - The Exciting Bitco
July 09, 2014, 09:13:02 PM
#43
Barring somebody having access to 100% free electricity there are no profitable GPU coins for mining.  Scrypt coins had that distinction for quite awhile until scrypt asics started appearing.  Then Adaptive Scrypt-N coins, followed by X11/X13, Keccak, Grotesl, and Quark.

But as it stands now...GPU mining is pretty much screwed universally in my opinion.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
July 09, 2014, 06:25:50 PM
#42
GPU will never be profitable on Bitcoin. The difficulty to mine it is just going to get higher.

Use GPU on alt coins with X11 algos and the like.
There may be some profitability but their difficulty will also increase and their value can also be quite low. You might never ROI.
full member
Activity: 315
Merit: 103
July 09, 2014, 11:41:56 AM
#41
If you find a way to mine cryptonight coin using GPU, that may still have some profit in it.
member
Activity: 98
Merit: 10
July 09, 2014, 11:38:37 AM
#40
GPU will never be profitable on Bitcoin. The difficulty to mine it is just going to get higher.

Use GPU on alt coins with X11 algos and the like.
sr. member
Activity: 275
Merit: 250
July 09, 2014, 07:07:00 AM
#39
Even the most profitable coin right now is not profitable anymore, GPU RIP.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
July 09, 2014, 06:04:40 AM
#38
It is still profitable, as long as you find the right coin to mine
No longer. Practically, if one coin us profitable, more people will start mining it and the difficulty can increase a lot. The coin can also be a pump and dump coin.
legendary
Activity: 910
Merit: 1000
July 09, 2014, 05:25:13 AM
#37
It is still profitable, as long as you find the right coin to mine

So what is the right coin for GPU at this very moment?  Huh
full member
Activity: 224
Merit: 100
July 09, 2014, 01:25:07 AM
#36
It is still profitable, as long as you find the right coin to mine
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