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Topic: GPU mining will die in 2018! - page 16. (Read 16909 times)

legendary
Activity: 2450
Merit: 1472
March 31, 2018, 08:53:16 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
member
Activity: 554
Merit: 11
CurioInvest [IEO Live]
March 31, 2018, 08:36:40 AM
I believe that the GPU mining will not die because there have always been and will be coins that are not in demand from industrial mining in ASICS. Personally, I always found with my farms and will find what I need to mine.
sr. member
Activity: 784
Merit: 282
March 31, 2018, 04:52:13 AM
if you can max out a 10KwH generator on petrol;  you can definitely be profitable.     Food for thought.

Yeah it seems like only the extremely dedicated and professionally capable miners will remain. Even when mining some secret coins, it will be difficult to turn a good profit unless you have those generators or solar arrays. I guess its over for every other kid out there who owns a GPU and is mining against dedicated mining corporations.
newbie
Activity: 80
Merit: 0
March 31, 2018, 04:39:00 AM
i think is not will Smiley
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
March 31, 2018, 12:06:55 AM
I think ASIC manufactures is hidden mining ETH and other Ethash algo.
Last day ago, ASIC manufactures announce ASIC for Cryptonight algo, this is KILL GPU miners.
Before they announce new ASIC, they are using this ASIC,

They have been for quite a while, they are keeping it hidden like you said. They only unveiled it cause they want to buy eth cheap and before they unveiled, they sold most of their eth while it was high and then are buying now as eth crashed 4 times its highest hit value.
full member
Activity: 788
Merit: 100
March 30, 2018, 11:18:06 PM
This is not a financial advice but when you're riding your Lambo... Remember me.


hehe, yeah this is one opportunity that people will regret not taking in few months, this is not stocks or anything that can be explained, in a month altcoins lost 500% in value, eth hit almost $1400 and now is $380, that is almost 400% and some alts lost 1000%, that is a lot of money, nothing really happened to bitcoin, from $17k to $7k, 60% crash is nothing really if you consider eth which is top 2 and had almost 80% crash.

My calculation is different, for example eth hit almost $1400 and now is $380 which 380 x 3.7 = $1406, which means eth lost 3.7 times its value whereas btc lost a lot less, btc right now is $6800 and hit almost $20k so meaning, 20000 / 6800 = 2.9 times lost since its highest all time value.


I'm such a coward. I will die poor. My only hope is that price goes to 100 and mining difficulty drops to a point I can mine 1eth a day Grin

I think ASIC manufactures is hidden mining ETH and other Ethash algo.
Last day ago, ASIC manufactures announce ASIC for Cryptonight algo, this is KILL GPU miners.
Before they announce new ASIC, they are using this ASIC,
member
Activity: 644
Merit: 24
March 30, 2018, 08:18:41 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.

Damn but Petrol feels so politically wrong for me tho... like I'm Helping Maduro's Regime... It's politics don't even pay attention to what I just said.

Trump gonna slap your hand, if you're in the USA.  Grin
member
Activity: 644
Merit: 24
March 30, 2018, 08:17:51 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
newbie
Activity: 25
Merit: 0
March 30, 2018, 04:47:37 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.

Damn but Petrol feels so politically wrong for me tho... like I'm Helping Maduro's Regime... It's politics don't even pay attention to what I just said.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
March 30, 2018, 03:53:11 PM
Gpu mining is not dieing in 2018. Now is one of the worst moments for mining and I only see rise of difficulty in Ethereum, I changed my mining computer to Musicoin and hoping they will rise until the end of year so I can make profit , maybe big profit at that time.

People though are not shutting down their miners, a thing which tells us the market is full of long term believers. Those who are desperate are selling now but they are few since we don't see any difficulty going down in Ethash yet. Those changes in Ethash are only normal fluctuations.
newbie
Activity: 112
Merit: 0
March 30, 2018, 03:52:08 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.
legendary
Activity: 1848
Merit: 1166
My AR-15 ID's itself as a toaster. Want breakfast?
March 30, 2018, 03:32:44 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.
newbie
Activity: 112
Merit: 0
March 30, 2018, 03:16:24 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.
newbie
Activity: 112
Merit: 0
March 30, 2018, 03:09:06 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 you should take a look at coins which are not yet listed on whattomine Wink

May be. But it is not mining.  It is speculating. Also better to buy bunch of those shitcoins and wait until one of them  shooted.
Mining  otherwise - when  ya set your farm  and it's mining without interaption.
member
Activity: 644
Merit: 24
March 30, 2018, 03:00:32 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.
legendary
Activity: 1232
Merit: 1255
March 30, 2018, 02:59:20 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 you should take a look at coins which are not yet listed on whattomine Wink
newbie
Activity: 112
Merit: 0
March 30, 2018, 02:54:18 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.
newbie
Activity: 112
Merit: 0
March 30, 2018, 02:51:48 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?


Nope.
newbie
Activity: 112
Merit: 0
March 30, 2018, 02:48:25 PM
I sold some ETH at 490$, that time, I just planned to grab some 2nd hand GPUs as I saw a lot of people started to sell their rigs.
But it seems like it's better if I wait to buy back ETH at lower price, at this 300$ it means I get profit already with 60%.

Smart conclusion. Better to buy chipper ETH instead of buing  still overpricing GPUs
newbie
Activity: 112
Merit: 0
March 30, 2018, 02:45:35 PM
I guess now unbelievers are now kind agreeing with me about gpu mining will die in 2018, more and more action of asic companies and idiots which were buying rx 580 for $1000 resulted in what we see now, greedy bastards.


You  are right.
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