(GPU Mining) First Bitcoin... Then Ethereum... What next?

FruitBucket

sr. member

Activity: 286

Merit: 250

Quote from: PovertyByte on June 18, 2016, 11:00:35 PM

Quote from: 9feet on June 11, 2016, 08:56:04 AM

dude everybody got you backward dash and ltc ? come on their gpu days are all over Roll Eyes

... there's simply no way to tell but the next gpu coin will always come around.

btc..ltc..vtc..drk/dash..and eth now..

vtc is always a gpu coin as the coin devs determined to keep it that way.

Quote from: bathrobehero on June 11, 2016, 08:21:14 AM

Quote from: Raja_MBZ on June 11, 2016, 04:53:39 AM

So no replacement of Ethereum once it becomes extremely hard on GPU mining? What about Dash?

I'm planning to purchase GPU of $200-$300 and then buy more time-to-time. But it'd be pretty bad to see once ether mining becomes useless. GPU miners will have to explore some sort of replacement.

Dash is x11 and there are x11 ASICs which means it's a bad choice for GPU mining.

I used Minergate (does not pay out) and according to how fast I can make dash by the hour and what the electricity would cost, it is actually profitable for me to mine with a GTX 460

Is minergate completely making up fake numbers on how much Dash I am making?

For the X11, it has ASIC. It will not be profitable to mine with the latest GPU, let alone a three generation old card.

alrachid

member

Activity: 101

Merit: 10

Just another man trying to find his way.

I am not too sure what is going to come next but I am very confident there will be a big new hype about something. With all the many people have put into mining rigs, and all the money people have profited, there would definitely be groups of people that would devise a way to get a community to back a new mine- able coin to make mining profitable yet again.

Psynthax

hero member

Activity: 2366

Merit: 504

I am waiting for Zcash to come out, maybe that will be worth mining..

PovertyByte

sr. member

Activity: 420

Merit: 250

Quote from: 9feet on June 11, 2016, 08:56:04 AM

dude everybody got you backward dash and ltc ? come on their gpu days are all over Roll Eyes

... there's simply no way to tell but the next gpu coin will always come around.

btc..ltc..vtc..drk/dash..and eth now..

vtc is always a gpu coin as the coin devs determined to keep it that way.

Quote from: bathrobehero on June 11, 2016, 08:21:14 AM

Quote from: Raja_MBZ on June 11, 2016, 04:53:39 AM

So no replacement of Ethereum once it becomes extremely hard on GPU mining? What about Dash?

I'm planning to purchase GPU of $200-$300 and then buy more time-to-time. But it'd be pretty bad to see once ether mining becomes useless. GPU miners will have to explore some sort of replacement.

Dash is x11 and there are x11 ASICs which means it's a bad choice for GPU mining.

I used Minergate (does not pay out) and according to how fast I can make dash by the hour and what the electricity would cost, it is actually profitable for me to mine with a GTX 460

Is minergate completely making up fake numbers on how much Dash I am making?

Willemveen

newbie

Activity: 37

Merit: 0

Looks nice Grin

crazyearner

legendary

Activity: 1820

Merit: 1001

GPU mining will never be dead. It might take a while for a new good coin to come along but when its here let it rain GPUS and mine once again. Turn off when not profitable and turn on when a worth while coin comes along the markets.

markus124

hero member

Activity: 574

Merit: 500

u earn more by trading than by mining but mining is a hobby and is fun. Grin

pjr77

full member

Activity: 299

Merit: 100

Theres always another coin seen it all before Wink

mirny

legendary

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Merit: 1005

You cant mine LISK, it's dpos.

LiberOptions

sr. member

Activity: 412

Merit: 250

Since LISK is very close looking to Ethereum I was wondering if it will be possible to mine it. Does anyone know if I can mine Lisk?

Rimtu

newbie

Activity: 44

Merit: 0

Quote from: FruitBucket on June 16, 2016, 08:21:28 AM

Quote from: Amph on June 15, 2016, 10:52:04 AM

Quote from: limbaugh on June 15, 2016, 10:49:24 AM

Quote from: Amph on June 13, 2016, 12:55:46 AM

Quote from: Raja_MBZ on June 12, 2016, 07:18:51 PM

This makes me really confused, whether I should spend off my money on GPU's and start mining ether or just leave it as it can become useless very soon. I remember the last time I purchased a good GPU back in 2010 for $250, I sold it for $25 in 2014, so if this drama of ether GPU mining ends up, my GPU would definitely get wasted off.

Is someone around here mining Monero? Maybe that's the coin to mine with GPU along with a bit of profit.

it's still very profitable, so yes go ahead and buy a gpu to mine if you can, also bitcoin skyrocketing make this even more profitable despite the little crash in ethereum price

It's almost always a bad investment. Mining may never be profitable again.

i don't agree, i already roied on my gpu if i would sell them now, and this counting my high electricity

there profit to be made but you need to mine the most profitable each time, it's not always ethereum...

ROI of GPU is different from ROI bitcoin ASIC miners. the only problem is that when we all sell the GPU at the same time, the price will crash.

But the difficulty goes down again, and it's easier to mine again...

FruitBucket

sr. member

Activity: 286

Merit: 250

Quote from: Amph on June 15, 2016, 10:52:04 AM

Quote from: limbaugh on June 15, 2016, 10:49:24 AM

Quote from: Amph on June 13, 2016, 12:55:46 AM

Quote from: Raja_MBZ on June 12, 2016, 07:18:51 PM

This makes me really confused, whether I should spend off my money on GPU's and start mining ether or just leave it as it can become useless very soon. I remember the last time I purchased a good GPU back in 2010 for $250, I sold it for $25 in 2014, so if this drama of ether GPU mining ends up, my GPU would definitely get wasted off.

Is someone around here mining Monero? Maybe that's the coin to mine with GPU along with a bit of profit.

it's still very profitable, so yes go ahead and buy a gpu to mine if you can, also bitcoin skyrocketing make this even more profitable despite the little crash in ethereum price

It's almost always a bad investment. Mining may never be profitable again.

i don't agree, i already roied on my gpu if i would sell them now, and this counting my high electricity

there profit to be made but you need to mine the most profitable each time, it's not always ethereum...

ROI of GPU is different from ROI bitcoin ASIC miners. the only problem is that when we all sell the GPU at the same time, the price will crash.

Amph

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Activity: 3248

Merit: 1070

Quote from: limbaugh on June 15, 2016, 10:49:24 AM

Quote from: Amph on June 13, 2016, 12:55:46 AM

Quote from: Raja_MBZ on June 12, 2016, 07:18:51 PM

This makes me really confused, whether I should spend off my money on GPU's and start mining ether or just leave it as it can become useless very soon. I remember the last time I purchased a good GPU back in 2010 for $250, I sold it for $25 in 2014, so if this drama of ether GPU mining ends up, my GPU would definitely get wasted off.

Is someone around here mining Monero? Maybe that's the coin to mine with GPU along with a bit of profit.

it's still very profitable, so yes go ahead and buy a gpu to mine if you can, also bitcoin skyrocketing make this even more profitable despite the little crash in ethereum price

It's almost always a bad investment. Mining may never be profitable again.

i don't agree, i already roied on my gpu if i would sell them now, and this counting my high electricity

there profit to be made but you need to mine the most profitable each time, it's not always ethereum...

limbaugh

legendary

Activity: 1311

Merit: 1000

Quote from: Amph on June 13, 2016, 12:55:46 AM

Quote from: Raja_MBZ on June 12, 2016, 07:18:51 PM

This makes me really confused, whether I should spend off my money on GPU's and start mining ether or just leave it as it can become useless very soon. I remember the last time I purchased a good GPU back in 2010 for $250, I sold it for $25 in 2014, so if this drama of ether GPU mining ends up, my GPU would definitely get wasted off.

Is someone around here mining Monero? Maybe that's the coin to mine with GPU along with a bit of profit.

it's still very profitable, so yes go ahead and buy a gpu to mine if you can, also bitcoin skyrocketing make this even more profitable despite the little crash in ethereum price

It's almost always a bad investment. Mining may never be profitable again.

AveryWeb

newbie

Activity: 27

Merit: 0

I started mining BikerCoin (BIC) yesterday using my cpu (GPU also can be used) They are new and are easy to mine. I am using a low grade Intel Quad Core 2.4GHZ with a low 1GB video card.

In my first 17 hours I have received 126.1 BIC with an average hash rate of 50 H/s and using an average of 90% of my resources. Now granted I am taking a risk as there is no guarantee this coin will move anywhere but I am sitting on a potential gold mine even if they only move to the level of the Litecoin is currently at.

I do plan on upgrading my system once I read more about mining and what I actually need. I know Bitcoin is useless unless you have a massive rig so started here.

The coin officially launched on June 7th and was not horded by the developers. Your mining results are dependent on your system. I had my rig set up in under 5 mins using MinerGate.

Time will tell if this coin is successful or not but it does have potential! For more details visit:

http://bikercoin.org/

This is the mining pool I am currently using.

http://pool.bikercoin.org/

Not sure if this is the only pool available or if there are others as I am just starting out. Best fo luck to those that choose to give this coin a run.

FruitBucket

sr. member

Activity: 286

Merit: 250

Quote from: Raja_MBZ on June 12, 2016, 07:18:51 PM

This makes me really confused, whether I should spend off my money on GPU's and start mining ether or just leave it as it can become useless very soon. I remember the last time I purchased a good GPU back in 2010 for $250, I sold it for $25 in 2014, so if this drama of ether GPU mining ends up, my GPU would definitely get wasted off.

Is someone around here mining Monero? Maybe that's the coin to mine with GPU along with a bit of profit.

In 2014, there were not many profitable coin to mine. The 2010 GPU is useless in 2014 mining any way. That is earlier than the 5870.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: Raja_MBZ on June 12, 2016, 07:18:51 PM

This makes me really confused, whether I should spend off my money on GPU's and start mining ether or just leave it as it can become useless very soon. I remember the last time I purchased a good GPU back in 2010 for $250, I sold it for $25 in 2014, so if this drama of ether GPU mining ends up, my GPU would definitely get wasted off.

Is someone around here mining Monero? Maybe that's the coin to mine with GPU along with a bit of profit.

it's still very profitable, so yes go ahead and buy a gpu to mine if you can, also bitcoin skyrocketing make this even more profitable despite the little crash in ethereum price

tntdgcr

full member

Activity: 219

Merit: 100

Bitcoin Mining Hosting

Quote from: Raja_MBZ on June 12, 2016, 07:18:51 PM

This makes me really confused, whether I should spend off my money on GPU's and start mining ether or just leave it as it can become useless very soon. I remember the last time I purchased a good GPU back in 2010 for $250, I sold it for $25 in 2014, so if this drama of ether GPU mining ends up, my GPU would definitely get wasted off.

Is someone around here mining Monero? Maybe that's the coin to mine with GPU along with a bit of profit.

the right GPUs or the right combos of parts can be resold to many other markets then miners. So it sounds like ETH mining for you , see how 2016 shakes out , maybe mine an alt , or hold some for a paid off gaming computer. If / when another GPU coin comes around, you might also be ready in waiting.

Raja_MBZ

legendary

Activity: 1834

Merit: 1520

This makes me really confused, whether I should spend off my money on GPU's and start mining ether or just leave it as it can become useless very soon. I remember the last time I purchased a good GPU back in 2010 for $250, I sold it for $25 in 2014, so if this drama of ether GPU mining ends up, my GPU would definitely get wasted off.

Is someone around here mining Monero? Maybe that's the coin to mine with GPU along with a bit of profit.

Charloz24

hero member

Activity: 966

Merit: 501

Quote from: Liquid71 on June 12, 2016, 09:23:12 AM

The next big thing to mine is Shitcoin

After Ether everything will be unprofitable and GPU's will be selling dirt cheap. Until enough rigs are sold and turned off GPU mining will be much like after litecoins bust, pointless.

I was thinking THAT EXACT thing in summer 2014, GPU mining is now dead. 2 years later I have 18 GPU mining Roll Eyes

And this time, BTC is rising.... that change a lot of things....

Topic: (GPU Mining) First Bitcoin... Then Ethereum... What next? (Read 2875 times)