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Topic: GPU mining will die in 2018! - page 15. (Read 16890 times)

member
Activity: 128
Merit: 10
April 01, 2018, 05:19:46 AM
What about Antminer F3?

scam




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BTC
newbie
Activity: 16
Merit: 0
April 01, 2018, 05:12:27 AM
What about Antminer F3?
jr. member
Activity: 196
Merit: 1
April 01, 2018, 04:19:41 AM
Personally i will hope and believe the GPU mining will be in the market for long term. On and off there might be ASIC coming to disturb but they will solve the issue with that for sure
legendary
Activity: 3276
Merit: 2442
April 01, 2018, 03:04:59 AM
Guys, I don't believe you all really think that when ETH goes to POS or Asics ruins ETH you will find another coins to mine because you did until today

Hey, wake up, look how millions GPUs are mining ETH and after that, they will point to another coins...difficulty will skyrocket so hard...

It's not hard to think, the ONLY hope is a new coin to mine, but they have to be HUGE like ETH

Agreed.

Being ASIC resistant itself does not (probably won't) make a coin valuable. It has to offer something else too. Something revolutionary. Being a home miner friendly coin should only be a plus along with the main feature of this coin.


I do not like bitcoin too, but bitcoin is the first coin, and it will be first for a long time. Otherwise,  ethereum is only on  of  altcoins.  Switching to POS will kill it.

Just like Litecoin acts as a test network for Bitcoin when there is an upgrade for the network; Bitcoin is now acting like a testnet for all crypto. It is experiencing every problem before any other coin. Happened with ASICs, tx spam, hard forks and many other.
newbie
Activity: 112
Merit: 0
April 01, 2018, 02:51:48 AM
Just like it was dead back in 2012. And again there's gonna pop up another ASIC-proof cryptoalgorithm and we will switch to it. :-)

Agree with this. Decentralisation - is not the base pillar of the mining but all cryptocurrency. We have bitcoin because it's the first. Other coins that are mined by asics  or just issued by founders  should go to hell. Earlier or later

Bitcoin will have to change pow algo too in the future and that will render asics useless but since btc core dev team is bitmain and co's employee, bitcoin core dev will make an algo which bitmain will already have an asic for it, will be a joint operation --> bitcoin core devs and bitman. Bitcoin is doomed.

I do not like bitcoin too, but bitcoin is the first coin, and it will be first for a long time. Otherwise,  ethereum is only on  of  altcoins.  Switching to POS will kill it.
newbie
Activity: 112
Merit: 0
April 01, 2018, 02:49:42 AM
Prices for used video cards do not decrease, but rather grow. This is one of the indicators of the prospects for the extraction of crypto coins. Many miners do not sell coins, waiting for a summer or spring increase, when they sell at a high price, coins can make a profit.
Prices have started falling already in the retail market across the board. Especially RX Vegas

Yep, the prices are decreased by  now, but i wouldnot say they are fall.
GPU prices are still  higher last autumn. There are still hipe prices.
I would not buy any now.
newbie
Activity: 112
Merit: 0
April 01, 2018, 02:46:29 AM
Guys, I don't believe you all really think that when ETH goes to POS or Asics ruins ETH you will find another coins to mine because you did until today

Hey, wake up, look how millions GPUs are mining ETH and after that, they will point to another coins...difficulty will skyrocket so hard...

It's not hard to think, the ONLY hope is a new coin to mine, but they have to be HUGE like ETH

Then another new coins will  come i presume Smiley
newbie
Activity: 7
Merit: 0
April 01, 2018, 01:45:36 AM
I think GPU mining coins alive forever.
full member
Activity: 156
Merit: 100
April 01, 2018, 12:43:38 AM
Prices for used video cards do not decrease, but rather grow. This is one of the indicators of the prospects for the extraction of crypto coins. Many miners do not sell coins, waiting for a summer or spring increase, when they sell at a high price, coins can make a profit.
Prices have started falling already in the retail market across the board. Especially RX Vegas
newbie
Activity: 140
Merit: 0
April 01, 2018, 12:31:30 AM
Prices for used video cards do not decrease, but rather grow. This is one of the indicators of the prospects for the extraction of crypto coins. Many miners do not sell coins, waiting for a summer or spring increase, when they sell at a high price, coins can make a profit.
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
March 31, 2018, 11:30:26 PM
Just like it was dead back in 2012. And again there's gonna pop up another ASIC-proof cryptoalgorithm and we will switch to it. :-)

Agree with this. Decentralisation - is not the base pillar of the mining but all cryptocurrency. We have bitcoin because it's the first. Other coins that are mined by asics  or just issued by founders  should go to hell. Earlier or later

Bitcoin will have to change pow algo too in the future and that will render asics useless but since btc core dev team is bitmain and co's employee, bitcoin core dev will make an algo which bitmain will already have an asic for it, will be a joint operation --> bitcoin core devs and bitman. Bitcoin is doomed.
newbie
Activity: 112
Merit: 0
March 31, 2018, 05:12:37 PM
Just like it was dead back in 2012. And again there's gonna pop up another ASIC-proof cryptoalgorithm and we will switch to it. :-)

Agree with this. Decentralisation - is not the base pillar of the mining but all cryptocurrency. We have bitcoin because it's the first. Other coins that are mined by asics  or just issued by founders  should go to hell. Earlier or later
member
Activity: 67
Merit: 10
March 31, 2018, 04:57:47 PM
Just like it was dead back in 2012. And again there's gonna pop up another ASIC-proof cryptoalgorithm and we will switch to it. :-)
newbie
Activity: 112
Merit: 0
March 31, 2018, 03:49:21 PM
I think I am late to the mining World but, is it still possible to still set-up a rig and still make profit?


Sure it is. But the ROI is much much longer.

Actually  ya don't understand what are you talking about.  Right now we can see levels of zero profitability for those guys who already have the farms and whose electricity is very  chip.

Maybe if you're trying to mine with older gpu's.  I don't mine with anything older than a 1070ti.  Those are still profitable even at today's coin prices.  I wouldn't buy any more of them even at msrp, but I'm not ready to sell them yet either.

May be. Let's  estimate. 1070 and 1070ti are  the  best ones now.
They ' ll give  you $0.5 profit per day on $0.06 kwt/h electricity from wall according what to  mine coins.
That's it. It is a profit still i agree. But zero profitability is very near.

Ya can argue that there are some shitcoins with better perfomance. This hour or yesterday. May be. But it is not mining.

you crazy..... I earn over $1/day on a 1070 on a long standing algo.....  
You must also take into account others' mining strategies may not be the same inside the box thinking that you are using.

if you can max out a 10KwH generator on petrol;  you can definitely be profitable.     Food for thought.

Yep it's near $1 per day  (a bit less) if your electricity is free.  I just checked it up. Otherwise it's a bullshit.

Sorry you got burnt on gpu's or started mining at a bad time.  Whatever the case is, I'm doing just fine and still happy with sub-par daily profit that I NEVER take compared to 4 months ago.  I wouldn't start building a mining farm with an unknown outlook at this time, but I certainly won't quit mining with what I have.  If you're currently mining ... Sell at 10X or GTFO.  Not sure how you expect anything in crypto to be a stready climb up all of the time.  Otherwise, buy almost any top ten coin at a super discounted price right now and hold.  Or if that scares you, join a fucking bowling league.   Grin

Of course i don't sell coins I mining right  now. Even  ETH Cheesy
But this doesnot mean mining is still profitable.
Some said they got $1 per GPU in a day. I 'd said it more close to $0.5
We can speculate  that rebond will  come one day. That's perfect.
But mining can't be the only work for leaving. Course you can't  now even sell  this coins for  electricity bills Cheesy Or  pizza.
It's a hobby again. Or some kind of investment.
That's the point



DO YOU ACTUALLY OWN A MINER OR JUST DO SOME RESEARCH AND SHED YOUR OWN KNOWLEDGE ( NOT EXPERIENCE) ?

YOU ARE MINING COIN ( it is up or down), ROI MUCH DEPENDS ON HOW YOU ARE GONNA DO WITH THOSE COINS ( DONT LOOK AT THE USD).

IF YOU DONT BELIEVE, DO NOT MINE.

I don't believe ya. Course you could not say  even  where will be price of your coin tomorrow.
The only fair ROI estimate - is take current prices and imagine you sold all what mined today, decreased income by electricity costs and put remain in the box. From that box you will repay your capital investment. That's right. 60 MONTHES from now. It's a fair ROI NOW that helps you make the right  choice.
That's it dude. Other will lead you to the poverty Cheesy
newbie
Activity: 22
Merit: 0
March 31, 2018, 03:40:27 PM
I think I am late to the mining World but, is it still possible to still set-up a rig and still make profit?


Sure it is. But the ROI is much much longer.

Actually  ya don't understand what are you talking about.  Right now we can see levels of zero profitability for those guys who already have the farms and whose electricity is very  chip.

Maybe if you're trying to mine with older gpu's.  I don't mine with anything older than a 1070ti.  Those are still profitable even at today's coin prices.  I wouldn't buy any more of them even at msrp, but I'm not ready to sell them yet either.

May be. Let's  estimate. 1070 and 1070ti are  the  best ones now.
They ' ll give  you $0.5 profit per day on $0.06 kwt/h electricity from wall according what to  mine coins.
That's it. It is a profit still i agree. But zero profitability is very near.

Ya can argue that there are some shitcoins with better perfomance. This hour or yesterday. May be. But it is not mining.

you crazy..... I earn over $1/day on a 1070 on a long standing algo.....  
You must also take into account others' mining strategies may not be the same inside the box thinking that you are using.

if you can max out a 10KwH generator on petrol;  you can definitely be profitable.     Food for thought.

Yep it's near $1 per day  (a bit less) if your electricity is free.  I just checked it up. Otherwise it's a bullshit.

Sorry you got burnt on gpu's or started mining at a bad time.  Whatever the case is, I'm doing just fine and still happy with sub-par daily profit that I NEVER take compared to 4 months ago.  I wouldn't start building a mining farm with an unknown outlook at this time, but I certainly won't quit mining with what I have.  If you're currently mining ... Sell at 10X or GTFO.  Not sure how you expect anything in crypto to be a stready climb up all of the time.  Otherwise, buy almost any top ten coin at a super discounted price right now and hold.  Or if that scares you, join a fucking bowling league.   Grin

Of course i don't sell coins I mining right  now. Even  ETH Cheesy
But this doesnot mean mining is still profitable.
Some said they got $1 per GPU in a day. I 'd said it more close to $0.5
We can speculate  that rebond will  come one day. That's perfect.
But mining can't be the only work for leaving. Course you can't  now even sell  this coins for  electricity bills Cheesy Or  pizza.
It's a hobby again. Or some kind of investment.
That's the point



DO YOU ACTUALLY OWN A MINER OR JUST DO SOME RESEARCH AND SHED YOUR OWN KNOWLEDGE ( NOT EXPERIENCE) ?

YOU ARE MINING COIN ( it is up or down), ROI MUCH DEPENDS ON HOW YOU ARE GONNA DO WITH THOSE COINS ( DONT LOOK AT THE USD).

IF YOU DONT BELIEVE, DO NOT MINE.
newbie
Activity: 112
Merit: 0
March 31, 2018, 02:51:51 PM
I think I am late to the mining World but, is it still possible to still set-up a rig and still make profit?


Sure it is. But the ROI is much much longer.

Actually  ya don't understand what are you talking about.  Right now we can see levels of zero profitability for those guys who already have the farms and whose electricity is very  chip.

Maybe if you're trying to mine with older gpu's.  I don't mine with anything older than a 1070ti.  Those are still profitable even at today's coin prices.  I wouldn't buy any more of them even at msrp, but I'm not ready to sell them yet either.

May be. Let's  estimate. 1070 and 1070ti are  the  best ones now.
They ' ll give  you $0.5 profit per day on $0.06 kwt/h electricity from wall according what to  mine coins.
That's it. It is a profit still i agree. But zero profitability is very near.

Ya can argue that there are some shitcoins with better perfomance. This hour or yesterday. May be. But it is not mining.

you crazy..... I earn over $1/day on a 1070 on a long standing algo.....  
You must also take into account others' mining strategies may not be the same inside the box thinking that you are using.

if you can max out a 10KwH generator on petrol;  you can definitely be profitable.     Food for thought.

Yep it's near $1 per day  (a bit less) if your electricity is free.  I just checked it up. Otherwise it's a bullshit.

Sorry you got burnt on gpu's or started mining at a bad time.  Whatever the case is, I'm doing just fine and still happy with sub-par daily profit that I NEVER take compared to 4 months ago.  I wouldn't start building a mining farm with an unknown outlook at this time, but I certainly won't quit mining with what I have.  If you're currently mining ... Sell at 10X or GTFO.  Not sure how you expect anything in crypto to be a stready climb up all of the time.  Otherwise, buy almost any top ten coin at a super discounted price right now and hold.  Or if that scares you, join a fucking bowling league.   Grin

Of course i don't sell coins I mining right  now. Even  ETH Cheesy
But this doesnot mean mining is still profitable.
Some said they got $1 per GPU in a day. I 'd said it more close to $0.5
We can speculate  that rebond will  come one day. That's perfect.
But mining can't be the only work for leaving. Course you can't  now even sell  this coins for  electricity bills Cheesy Or  pizza.
It's a hobby again. Or some kind of investment.
That's the point
newbie
Activity: 112
Merit: 0
March 31, 2018, 02:44:52 PM
I think I am late to the mining World but, is it still possible to still set-up a rig and still make profit?


Sure it is. But the ROI is much much longer.

Actually  ya don't understand what are you talking about.  Right now we can see levels of zero profitability for those guys who already have the farms and whose electricity is very  chip.

Maybe if you're trying to mine with older gpu's.  I don't mine with anything older than a 1070ti.  Those are still profitable even at today's coin prices.  I wouldn't buy any more of them even at msrp, but I'm not ready to sell them yet either.

May be. Let's  estimate. 1070 and 1070ti are  the  best ones now.
They ' ll give  you $0.5 profit per day on $0.06 kwt/h electricity from wall according what to  mine coins.
That's it. It is a profit still i agree. But zero profitability is very near.

Ya can argue that there are some shitcoins with better perfomance. This hour or yesterday. May be. But it is not mining.

you crazy..... I earn over $1/day on a 1070 on a long standing algo..... 
You must also take into account others' mining strategies may not be the same inside the box thinking that you are using.

if you can max out a 10KwH generator on petrol;  you can definitely be profitable.     Food for thought.

Petrol  is not  chip  now.  They called it black gold you know  Cheesy
newbie
Activity: 112
Merit: 0
March 31, 2018, 02:43:32 PM
Guys, I don't believe you all really think that when ETH goes to POS or Asics ruins ETH you will find another coins to mine because you did until today

Hey, wake up, look how millions GPUs are mining ETH and after that, they will point to another coins...difficulty will skyrocket so hard...

It's not hard to think, the ONLY hope is a new coin to mine, but they have to be HUGE like ETH

I  share  your point. Going ETH to POS is not the end of mining. But the end of ETH only.
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
March 31, 2018, 09:50:38 AM
Quote
Richard

It would appear that we can consider this proof that the F3 exists and is coming.

http://bit.ly/2pULqgf

https://github.com/ethereum/EIPs/issues/958
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
March 31, 2018, 09:19:38 AM
the way to prove the op wrong is on my new thread


https://bitcointalksearch.org/topic/how-to-defend-against-asics-or-prove-metroid-wrong-3228937


now here is the deal  if the idea I propose is not adapted


Metroid  will be correct.


Of course  my idea could be tweaked and altered a bit but it would kill off  asic competition quite fast.
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