GPU Mining | Bitcointalksearch.org

Atomicat

legendary

Activity: 952

Merit: 1002

Quote from: Anobix on November 13, 2014, 01:04:36 PM

Quote from: OrientA on November 13, 2014, 08:55:00 AM

It is not profitable for me to mine. But the heating helps a bit.

Same.

I earned approximately $4 yesterday mining with 2x290x and 4x280x with neoscrypt on westhash. Not nearly enough to pay the power costs. I have a 40mh/s scrypt asic as well that pulls about 1000w that is just barely profitable, but it keeps my upstairs warm.

I had three 6950's blowing on my shins all last winter. Mmmm.... 6950's!

Anobix

newbie

Activity: 44

Merit: 0

Quote from: OrientA on November 13, 2014, 08:55:00 AM

It is not profitable for me to mine. But the heating helps a bit.

Same.

I earned approximately $4 yesterday mining with 2x290x and 4x280x with neoscrypt on westhash. Not nearly enough to pay the power costs. I have a 40mh/s scrypt asic as well that pulls about 1000w that is just barely profitable, but it keeps my upstairs warm.

OrientA

sr. member

Activity: 462

Merit: 250

It is not profitable for me to mine. But the heating helps a bit.

sp_

legendary

Activity: 2926

Merit: 1087

Team Black developer

If you live in a cold country like me, I use electricity to warm the house. The heat from a couple of GPU rigs is enough to keep my house warm. The open source Kernals can be optimized. Not much innovation has be done the last 6 months on the AMD side. Perhaps because everyone who publish their hard work only get rewarded with a couple of beers. As with any project, when the founding is gone, the project get's abandoned.

djm34

legendary

Activity: 1400

Merit: 1050

Quote from: Equate on November 13, 2014, 01:05:44 AM

Quote from: LightningBlade on November 12, 2014, 11:24:46 PM

Using GPU for gaming now, none of the algo are worth mining..

I am also using last of my 280x crossfired for gaming but current gen games are poorly optimised for multi-gpu configs but still GPUs are being used instead of lying idle.

so there are people gaming with amd after all Grin

Equate

hero member

Activity: 770

Merit: 500

Quote from: LightningBlade on November 12, 2014, 11:24:46 PM

Using GPU for gaming now, none of the algo are worth mining..

I am also using last of my 280x crossfired for gaming but current gen games are poorly optimised for multi-gpu configs but still GPUs are being used instead of lying idle.

LightningBlade

sr. member

Activity: 259

Merit: 250

Using GPU for gaming now, none of the algo are worth mining..

khornate

member

Activity: 67

Merit: 10

My old GPU gets pretty decent hashrate on groestl so I've moved on to that for now. It's a few years old and paid for itself through BTC and LTC mining before ASICs came along (free electricity included in rent Grin

). There's no point buying new GPU now unless you use them for gaming as well or some programming work during downtime.

MarketTime

full member

Activity: 188

Merit: 100

Quote from: ChekaZ on September 17, 2014, 10:01:36 PM

NeoScrypt going to make your GPUs useful again. Phoenixcoin already switched its algo to NeoScrypt.

Feathercoin going to transition soon. Many will follow. Stay tuned.

Really? The profitability seems to be as bad too for phenixcoin... hopefully it will improve..

ChekaZ

legendary

Activity: 1884

Merit: 1005

NeoScrypt going to make your GPUs useful again. Phoenixcoin already switched its algo to NeoScrypt.

Feathercoin going to transition soon. Many will follow. Stay tuned.

siliconchip

full member

Activity: 123

Merit: 100

Quote from: khornate on September 15, 2014, 04:39:18 PM

I still use my GPU to mine X11 since there no ASIC for that yet. Scrypt-N is another possibility.

You are quite right,no x11 ASIC,but X11 FPGA with 280M hashrate has already came out weeks before.

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: atp1916 on September 17, 2014, 12:04:46 PM

Quite a few of those GPUs / rigs got sold off, or are in the active process of being sold off. They are not being held in reserve.

Just like a couple years ago when BTC asics crushed the fpga / GPU scene for BTC, the same is happening now for Scrypt. People at those times sold their BTC GPU farms, just like they are now.

Some time in the future there will be another "Scrypt" type algo that comes out and makes GPU mining viable again...and we will again see the GPU crush we say earlier this year.

Mark my words, the cycle never ends.

But the present day GPU might not efficient enough to compete next generation ones when the new coins come out.

theblacklist

newbie

Activity: 42

Merit: 0

Not mining with GPU anymore because it's not profitable anymore and I don't have free electricity. I just made a profit when I could and sold all of the GPU's that I have. Now it's more effective to rent rigs instead of purchasing. That's what I discovered and I made quite good profit of it. If you know exactly which coin to mine.

atp1916

legendary

Activity: 854

Merit: 1000

Quote from: adaseb on September 17, 2014, 01:17:07 AM

GPU mining will NEVER be profitable ever, even if BTC goes up to $1000-$2000.

During the last quarter of last year, there were thosands of GPU being brought into the market, these GPUs will turn on once BTC rises and keep difficulties high and profits low.

The days of

$10/MHASH/BTC are long gone.

Quite a few of those GPUs / rigs got sold off, or are in the active process of being sold off. They are not being held in reserve.

Just like a couple years ago when BTC asics crushed the fpga / GPU scene for BTC, the same is happening now for Scrypt. People at those times sold their BTC GPU farms, just like they are now.

Some time in the future there will be another "Scrypt" type algo that comes out and makes GPU mining viable again...and we will again see the GPU crush we say earlier this year.

Mark my words, the cycle never ends.

MaxDZ8

hero member

Activity: 672

Merit: 500

Quote from: OrientA on September 17, 2014, 10:00:22 AM

That is the spirit. Do not buy GPU for mining only.

To be honest I was considering buying a 280x ... my circulation pump is broken and it's only half the cost (LOL intended!)

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: MaxDZ8 on September 17, 2014, 08:55:14 AM

I do not have free electricity and I still GPU mine on my PC I use for other tasks so about half the wattage would be paid anyway --> 2x effective efficiency.

That is the spirit. Do not buy GPU for mining only.

MaxDZ8

hero member

Activity: 672

Merit: 500

I do not have free electricity and I still GPU mine on my PC I use for other tasks so about half the wattage would be paid anyway --> 2x effective efficiency.

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: adaseb on September 17, 2014, 01:17:07 AM

GPU mining will NEVER be profitable ever, even if BTC goes up to $1000-$2000.

During the last quarter of last year, there were thosands of GPU being brought into the market, these GPUs will turn on once BTC rises and keep difficulties high and profits low.

The days of

$10/MHASH/BTC are long gone.

Those GPUs will be turned on during winter as heater. So there will be even less profit.

Quote from: Amph on September 17, 2014, 01:38:27 AM

better to sell and buy new amd/nvidia card, they will perform much better in hash/w ratio

They will only be profitable when the electricity price is low. Nowadays, most new coins are CPU friendly, not GPU friendly.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: adaseb on September 16, 2014, 06:51:54 PM

X11 is only profitable if you have free electricity. Or really low electricity rates.

Right now its best to just keep your rigs, not sell them, in the hopes that BTC rises to new highs.

Or wait till Christmas and then sell them.

better to sell and buy new amd/nvidia card, they will perform much better in hash/w ratio

adaseb

legendary

Activity: 3808

Merit: 1723

GPU mining will NEVER be profitable ever, even if BTC goes up to $1000-$2000.

During the last quarter of last year, there were thosands of GPU being brought into the market, these GPUs will turn on once BTC rises and keep difficulties high and profits low.

The days of

$10/MHASH/BTC are long gone.

Topic: GPU Mining (Read 3241 times)