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Topic: GPU mining will die in 2018! - page 19. (Read 16890 times)

sr. member
Activity: 2142
Merit: 353
Xtreme Monster
March 29, 2018, 06:53:34 AM
zec needs to do a hard fork, i'm 100% certain there are already asics on the network.
full member
Activity: 672
Merit: 154
Blockchain Evangelist.
March 29, 2018, 06:34:03 AM
Raven coins are doing better then zec for the moment.

I've just visited the ANN thread of Raven coin as I saw a lot talks about Raven recently. It seems like the idea is really interesting with rotation algorithms. But I checked their whitepaper, there's not much details. I ever heard one another coin has this idea, but it failed on development. It's hard to say that Raven is doing better than ZEC, but If ZEC creates a fork, so it's yes. The difficulty level of ZEC already double as compared with its in last November. Its trend almost looks like what ETH performs.
member
Activity: 182
Merit: 11
March 29, 2018, 01:07:50 AM
Raven coins are doing better then zec for the moment.

Whatever you do please don't try to convert ZEC miners from their religion LOL
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
March 28, 2018, 11:15:45 PM
It's amazing, i posted few things about it and eth started crashing hard everywhere, come on trolls i'm not selling any of my eth hehe, i just expressed how i feel about the situation. eth devs must answer the community why they are letting asics mining eth, they should have done something already to counter it and so far nothing was done, this is sad. I have many thousands of eth and not selling because i do believe on the coin but please do not let us down. Do something about the asic disease bitmain is upon us. You had 3 months to say something and yet you troll devs kept quiet and did nothing about it.
newbie
Activity: 366
Merit: 0
March 28, 2018, 11:04:23 PM
It may be difficult to mine the old Crypto/coins because "the level of difficulty is getting higher", but too many new coins come in and can mine using the GPU. And will get profit!
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
March 28, 2018, 10:40:25 PM
Looks like monero is going up and eth is going down x btc hehe, i guess that reflects what buyers want --> gpu mining to stay and asics to die --> decentralization

Now eth devs need to answer the community with actions cause eth asics have been running since december 2017.
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
March 28, 2018, 09:17:57 PM
Raven coins are doing better then zec for the moment.

If it keeps like that for few months then an asic for it will be imminent hehe
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
March 28, 2018, 09:03:58 PM
Raven coins are doing better then zec for the moment.
newbie
Activity: 21
Merit: 0
March 28, 2018, 08:56:09 PM
Hey OP I hope you're cute 'cause you need to get bent; Monero forking off asics and botnets in about a week.  Kiss

I haven't mined Monero...is it worth it with 1070s? Will it be better after fork or?


I can only speculate but $3 per card/day is a conservative estimate.

I do not think that is conservative at all! I would be stoked with $3 a day on my 1070's right now. How are you reaching that number?
newbie
Activity: 106
Merit: 0
March 28, 2018, 08:49:45 PM
I am not afraid!
I will continue to look for other coins that can be mine.
if GPU miners die, we will try computer game business with our GPU.
for the country of China, indeed from antiquity they always wanted to conquer the world, so it is their original innate nature like that. the ruling the more powerful, the poor will be the poorer
member
Activity: 65
Merit: 10
March 28, 2018, 07:48:25 PM
Does anyone have a reference to a good article or chart comparing both, ASIC vs GPU mining?
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
March 28, 2018, 06:45:51 PM
I can only speculate but $3 per card/day is a conservative estimate.

It's a good thing, monero devs will hard fork it, profitability will increase a bit again, cause right now only ethash is holding it and as many investors know there are possible eth asics mining already and they dont want to pay the current price cause they think they can buy it cheaper because of asics, reason eth is dipping every day x bitcoin and as soon eth devs do something about it, investors will start buying eth once again and profitability will increase again.
legendary
Activity: 2212
Merit: 1038
March 28, 2018, 06:38:54 PM
Hey OP I hope you're cute 'cause you need to get bent; Monero forking off asics and botnets in about a week.  Kiss

I haven't mined Monero...is it worth it with 1070s? Will it be better after fork or?


I can only speculate but $3 per card/day is a conservative estimate.
member
Activity: 126
Merit: 11
Borderless for the People, Frictionless for the Ba
March 28, 2018, 10:02:26 AM
With so many graphics CARDS, it is impossible to kill all of them. I believe that the next coin will still be the card mining, and I still insist on the mine.
sr. member
Activity: 910
Merit: 257
March 28, 2018, 09:53:43 AM
I don't think so. There will always be coins with a dedication to GPU and CPU mining. Vertcoin for example, Ethereum classic and the likes. There are even more ICOs that envision developing PC and even mobile mining to integrate the aspect of decentralized mining in their networks.

I agree. However, I think this concept comes from the fact that since Bitcoin has been piling up in the market and more and more coin is circulating the market, it has become very hard to mine as compared before. I have read an article that as a coin reaches its market cap, it will become harder to mine because the algorithms to solve also becomes harder, plus the fact that the saturation is way lower than before. It would not die, but I think that because it will become harder to mine, people would look for other options to get a hold of Bitcoins.
newbie
Activity: 38
Merit: 0
March 28, 2018, 09:50:42 AM
Hey OP I hope you're cute 'cause you need to get bent; Monero forking off asics and botnets in about a week.  Kiss

I haven't mined Monero...is it worth it with 1070s? Will it be better after fork or?
legendary
Activity: 2212
Merit: 1038
March 28, 2018, 08:13:23 AM
Hey OP I hope you're cute 'cause you need to get bent; Monero forking off asics and botnets in about a week.  Kiss
jr. member
Activity: 56
Merit: 10
March 27, 2018, 04:45:15 PM
It may not die too early, since we have algorithms like equihash that give some nice level of ASIC resistance to some of these cryptos.
But it looks like it's temporary... So in order to survive, these cryptos would need developers constantly introducing changes in the protocol, which brings centralization concerns.
sr. member
Activity: 580
Merit: 253
Atheios.org
March 27, 2018, 04:44:33 PM
I personally hope GPU mining does not die but for the past two to three weeks maybe even longer checking my calculations on what to mine the profit margin as dramatically dropped meaning my miners barley get turned on these days unless I see a new crypto that catches my eye and then I only mine for a short period and  hope development of that coin continues in most cases development is short but not so sweet.

I keep my fingers crossed that profit will increase soon but the way things are looking right now I don't hold much hope, such a shame as I enjoyed mining it was fun Angry

On the plus side, at least GPUs should fall in price... but nobody will want them Grin

I vote for GPU mining to survive!!
full member
Activity: 350
Merit: 100
XDNA - Most innovative cryptocurrency in 2018
March 27, 2018, 04:19:13 PM
i don't think gpu miner die yet in this year but  card need to mine other algo like tribus
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