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Topic: GPU mining will die in 2018! - page 12. (Read 16890 times)

sr. member
Activity: 2142
Merit: 353
Xtreme Monster
April 05, 2018, 03:44:30 AM
If eth devs do nothing then next year they will start selling the f3 which they will probably rename it to something else to not cause suspicion, probably e4 with 1500mhs and the e5 will be kept hidden doing 20000 mhs hehe.
jr. member
Activity: 196
Merit: 1
April 04, 2018, 11:01:51 PM
So it turns out, the e3 is 180 mhs and the f3 is 1500 mhs, almost 10 times more hashrate and bitmain was smart, put the f3 when the network could not be filled with gpus anymore because there were no gpus to be bought anymore hehe, so they could camouflage their f3 as gpus hehe, december - january timeframe hehe

You are full of crap, all your words are completely wrong. You are trying too look smart and like some prophet but actually, I laugh at you all day long.

I used to think like you, but Metroid was right all the time, I have to admit and there is no problem of doing this

Bitmain have F3 mining for sure
E3 is just old hardware they will dump to idiots

If you look to diff you'll see

yes if I am Jihan, I would also mined with my latest BEST miner before releasing to the public.

When he starts to sell means he has something better than what he sells to keep his profit and mining consistant
legendary
Activity: 2366
Merit: 1408
April 04, 2018, 07:26:51 PM
Let's give up guys, let Jihan have all the power to control markets

I think he is very good to cryptos and I'll be happy if he decides what is best for us

Like a bank or government
copper member
Activity: 166
Merit: 84
April 04, 2018, 07:24:37 PM
I see day by day, ASICS of many coins are launching, individually or multiple. Chinese companies are trying to kill the GPU mining market once again cause they are greedy, just like they did to Bitcoin and Litecoin. GPU Mining died in 2013 and was resurrected in 2015 with the Cryptocoins Generation 2.0, although many of you miners just started mining on 2016 due to huge pumps on those 2.0 cryptocoins.

As Cryptocoins got more popular than in 2011 - 2013. The new generation of Cryptocoins 2015 and afterwards are endangered by ASICS once again, and 2018 looks to be the year of per the title "GPU mining will die in 2018!".

Keep in mind that there are possible ASICS for ethash already for Q1, and even if ETH goes POS, ETC and other ethash coins will be only ASICS and if that happens only Equihash coins will be minable for a time and I have a word that there is already an ASIC in development for Equihash already and will start delivering in Q4 2018. As GPU mining keep gets scarce, other popular coins will have pumps and so ASICS will be born for them.

I want to know your thoughts about it and I wonder the limits of --> "where, there is money to be made, there is greedy"

Keep in mind that this price crashing we are seeing is due also to the fear of ASICS for most GPU mining coins.

anyone whom believes there are or will be asic's for Ethash is a dumb fool, there will NEVER be asics for that algo or any other asic resistant algo. there called that for a reason, so if you caught word of there being such devices why don't you share the source otherwise you are just blowing smoke up everyones ass. SHOW US THE PROOF that there is going to be an asic for equihash and or ethash

Well the proof is the E3....

sr. member
Activity: 2142
Merit: 353
Xtreme Monster
April 04, 2018, 06:04:25 PM
C'mon Jihan!

That man has been investing on hydroelectric and lands for the reason of mining, only the chinese gov can make him go away and as far as i can tell, the chinese gov is getting some of that pie jihan is eating hehe
jr. member
Activity: 168
Merit: 2
April 04, 2018, 04:21:37 PM
With all due respect to all of us; I myself mine with GPUs. And yes still profitable.
But let's face the reality, like it or not, ASIC bastard will coming. And it will slowly kill GPU.
The only possible way to defend from those ASIC plague is like what Monero doing. Changing the algo since and then. At least there is a chance to make those ASIC bastard to become expensive door stop.
Bitmain recently just releasing ethash ASIC miner. And it 180 Mh/s. Are you sure that this is the best Bitmain can do? 180 HM/s, really? I bet thy have more than that under their wraps. This is just distraction like when they attack cryptonight coin with their ASIC and accused bot-net for that.
C'mon Jihan, share some pie. Don't eat it alone you sick!
member
Activity: 644
Merit: 24
April 04, 2018, 03:48:14 PM
No way, it can't die. There will be new coins with new algorithms, like zec. Also you can mine ETH forks.

The issue isn't the lack of coins that can be mined with gpu's.  The issue is all of the gpu hashpower that will have to go somewhere and drive difficulty through the roof if something new doesn't replace one of the majors that become unminable via gpu.
newbie
Activity: 112
Merit: 0
April 04, 2018, 03:17:37 PM
Let's hope it dies to the point where the price of graphic cards will fall down to their natural price. A RX 580 8GB has a MSRP price of only 229 dollars, if it goes back to this price or just a bit more I will buy more of them and mine Ethereum forks, or coins based on Ethereum like Musicoin or Pirl. Can't wait for that moment to happen.

Looks it has already started

https://www.ebay.com/sch/i.html?_from=R40&_trksid=p2050601.m570.l1313.TR0.TRC0.H0.Xrx+580.TRS0&_nkw=rx+580&_sacat=0

Agreed, GPU prices are  still in a hype zone.  As soon miners realised mining is not profitable now as soon  prices back down to  MSRP.  It will  be better for all exept may be fat cats in NVidia and AMD.
sr. member
Activity: 616
Merit: 250
April 04, 2018, 03:14:49 PM
I think i've heard that almost as many times as Bitcoin is dead. LOL.
Yes, sounds like a typical crypto classic to me. When will China start banning GPU mining? Cheesy
jr. member
Activity: 210
Merit: 1
April 04, 2018, 03:12:16 PM
If you look at the sold auctions for RX 580 8GB then you can see they are selling from around 300 used up to 400 depending on brand/etc.  So they are coming down but still not back to MSRP.

I got an in stock notification today from a US Distro (Ingram Micro) but they are charging 450.00 for an XFX R80 8GB.   Still crazy high there.

Ebay Link for sold rx 580 8gb

https://www.ebay.com/sch/i.html?_from=R40&_nkw=rx+580+8gb&_in_kw=1&_ex_kw=&_sacat=0&LH_Sold=1&_udlo=&_udhi=&_samilow=&_samihi=&_sadis=15&_stpos=84040&_sargn=-1%26saslc%3D1&_salic=1&_sop=10&_dmd=1&_ipg=200&LH_Complete=1


Let's hope it dies to the point where the price of graphic cards will fall down to their natural price. A RX 580 8GB has a MSRP price of only 229 dollars, if it goes back to this price or just a bit more I will buy more of them and mine Ethereum forks, or coins based on Ethereum like Musicoin or Pirl. Can't wait for that moment to happen.

Looks it has already started

https://www.ebay.com/sch/i.html?_from=R40&_trksid=p2050601.m570.l1313.TR0.TRC0.H0.Xrx+580.TRS0&_nkw=rx+580&_sacat=0
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
April 04, 2018, 01:24:36 PM
Let's hope it dies to the point where the price of graphic cards will fall down to their natural price. A RX 580 8GB has a MSRP price of only 229 dollars, if it goes back to this price or just a bit more I will buy more of them and mine Ethereum forks, or coins based on Ethereum like Musicoin or Pirl. Can't wait for that moment to happen.

Looks it has already started

https://www.ebay.com/sch/i.html?_from=R40&_trksid=p2050601.m570.l1313.TR0.TRC0.H0.Xrx+580.TRS0&_nkw=rx+580&_sacat=0
full member
Activity: 714
Merit: 104
April 04, 2018, 12:46:15 PM
If E3 not used for now in mining, then for increasing difficulty to x2 bitmain need to sell 1 300 000 miners E3
But i think its used for now, then we dont highly feel this devices
legendary
Activity: 2366
Merit: 1408
April 04, 2018, 12:43:05 PM
So it turns out, the e3 is 180 mhs and the f3 is 1500 mhs, almost 10 times more hashrate and bitmain was smart, put the f3 when the network could not be filled with gpus anymore because there were no gpus to be bought anymore hehe, so they could camouflage their f3 as gpus hehe, december - january timeframe hehe

You are full of crap, all your words are completely wrong. You are trying too look smart and like some prophet but actually, I laugh at you all day long.

I used to think like you, but Metroid was right all the time, I have to admit and there is no problem of doing this

Bitmain have F3 mining for sure
E3 is just old hardware they will dump to idiots

If you look to diff you'll see
newbie
Activity: 10
Merit: 0
April 04, 2018, 11:57:50 AM
So it turns out, the e3 is 180 mhs and the f3 is 1500 mhs, almost 10 times more hashrate and bitmain was smart, put the f3 when the network could not be filled with gpus anymore because there were no gpus to be bought anymore hehe, so they could camouflage their f3 as gpus hehe, december - january timeframe hehe

You are full of crap, all your words are completely wrong. You are trying too look smart and like some prophet but actually, I laugh at you all day long.
member
Activity: 644
Merit: 24
April 04, 2018, 08:35:44 AM
HEHEHE  Grin Grin Grin
full member
Activity: 312
Merit: 104
April 04, 2018, 08:30:32 AM
hehe
  Grin
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
April 04, 2018, 05:53:44 AM
So it turns out, the e3 is 180 mhs and the f3 is 1500 mhs, almost 10 times more hashrate and bitmain was smart, put the f3 when the network could not be filled with gpus anymore because there were no gpus to be bought anymore hehe, so they could camouflage their f3 as gpus hehe, december - january timeframe hehe
legendary
Activity: 2282
Merit: 1023
April 04, 2018, 01:37:02 AM
Simple. Buy bitcoin gold if you feel this way.
Every Dick and Harry can come up with a coin, what is so special in the multiple of fork that happened and what is so special with bitcoin gold.

Quote
I feel bitmain is invasive so I started loading up on btg. They took over Sia coin with their a3 miner. Sia devs threatened bitmain but have not took any definitive action. Bitcoin gold will
Bitmain is trying to make a monopoly which has to be broken, i have not doubt about that but you have to understand that anyone can develop anything which could aide you, it is an open market .

Quote
The bitcoin community claims to be decentralized yet they keep buying bitcoin the most centralized coin being mined out by bitmain.
If you truly believe in decentralization you should be getting btg and not btc
Bitmain has a monopoly when it comes to mining but that does make it a centralized coin, now many top companies are planning to come up with mining equipment namely Intel and Samsung, which could destroy some bad practises we had with Bitmain as the sole reign in mining hardware.
jr. member
Activity: 196
Merit: 1
April 03, 2018, 11:12:04 PM
Monero fork in ~48 hours, get yer bags ready.  Grin

what will the fork do ? and is it a chance to earn money?

It will render the bitmain asic useless as far as xmr goes, what the fuck do you think?   Grin Cheesy Grin  You will never earn money ... All of your money will come to me.

oh thanks so most of the fork is to anti bitmain asic (indirectly support GPU mining instead?)
member
Activity: 644
Merit: 24
April 03, 2018, 10:53:25 PM
Monero fork in ~48 hours, get yer bags ready.  Grin

what will the fork do ? and is it a chance to earn money?

It will render the bitmain asic useless as far as xmr goes, what the fuck do you think?   Grin Cheesy Grin  You will never earn money ... All of your money will come to me.
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