Topic: GPU mining will die in 2018! - page 27. (Read 16890 times)
I dont think it will be happen in 2018 but i believe in near future especially for bitcoin mining that already touching the total of bitcoin ever made, 21 million bitcoin. For other coins, i still believe there is still far for stoping the mining while new coins continuesly created.
GPU mining will die. For some time.
Coin prices falling off of a cliff and difficulty still goes up.
Imagine what happens when prices go up 
:
Difficulty goes ballistic and profits will not increase. As long you have no free electricity you will go red and
it will be a long lasting drought. Not until the big asic farms are giving up there will be gpu revival. So
let's hope BTC hits triple digits for a year or so, crypto is declared dead and the hype has vanished,
then we can dust our gpus.
Coin prices falling off of a cliff and difficulty still goes up.
Imagine what happens when prices go up : Difficulty goes ballistic and profits will not increase. As long you have no free electricity you will go red and
it will be a long lasting drought. Not until the big asic farms are giving up there will be gpu revival. So
let's hope BTC hits triple digits for a year or so, crypto is declared dead and the hype has vanished,
then we can dust our gpus.
Dude certainly. Gpu mining is such a big investments in hardware besides of its cost of for the environment It's just unavailable. CPU mining will thrive. That's why I mine Zoin with my desktop pc. The coin presents a really promising future just as CPU mining.
For some it isn't such a big investment, since my rigs are paid they only make money.
Even now, with a price of $ 0.35 / watt.
But I hope for you, that Zoin will explode to the moon, that's what's mining about in my opinion.
You commit to a coin that you think will make it.
So, good luck with that, on the point of CPU mining, I don't agree, CPU mining will not be the future, it's allready in the past for years.
The days of mining BC with a Raspberry Pi or simple PC are gone, just like the days that a 1080 ti got $ 20 a day.
But still, there will be profit to make in 2018. Just HODL
Crypto will not die. Mining will not die
But all who think they will get rich soon, now understand what mining and crypto really is.
It's a long game, not a getrichquick game.
And maxing out CreditCards is so USA, in Europe we don't use them, only on vacations to the USA hahaha
lol using credit account is riskyBut all who think they will get rich soon, now understand what mining and crypto really is.
It's a long game, not a getrichquick game.
And maxing out CreditCards is so USA, in Europe we don't use them, only on vacations to the USA hahaha
should regard GPU miner as a long-term way to buy coins cheaper than the market (cuz we only pay for the rig and electricity
Crypto will not die. Mining will not die
But all who think they will get rich soon, now understand what mining and crypto really is.
It's a long game, not a getrichquick game.
And maxing out CreditCards is so USA, in Europe we don't use them, only on vacations to the USA hahaha
But all who think they will get rich soon, now understand what mining and crypto really is.
It's a long game, not a getrichquick game.
And maxing out CreditCards is so USA, in Europe we don't use them, only on vacations to the USA hahaha
True that! I honestly don't know if you can deduct credit interest on your taxes, but either way ... People need to stop spending fiat that does not belong to them. Crypto or anything else, I'm not into renting money for any purpose.
Crypto in general is dead for at least the next 4 years
To many people lost money to many taxes to many regulations
I'm glad I did not get many gpus it's just not worth it
I'm sure there is more then one on here who maxed out their credit cards to buy a bunch of video cards
To many people lost money to many taxes to many regulations
I'm glad I did not get many gpus it's just not worth it
I'm sure there is more then one on here who maxed out their credit cards to buy a bunch of video cards
One of these days you'll grow up. Lol. No one has or ever will pay taxes on a loss in crypto or anything else. If memory serves me correct, you overpaid for the gpu(s) that you do have. That was your mistake buddy. If you care about daily cash out to fiat profit, that is your mistake buddy.
Dude certainly. Gpu mining is such a big investments in hardware besides of its cost of for the environment It's just unavailable. CPU mining will thrive. That's why I mine Zoin with my desktop pc. The coin presents a really promising future just as CPU mining.
Crypto will not die. Mining will not die
But all who think they will get rich soon, now understand what mining and crypto really is.
It's a long game, not a getrichquick game.
And maxing out CreditCards is so USA, in Europe we don't use them, only on vacations to the USA hahaha
But all who think they will get rich soon, now understand what mining and crypto really is.
It's a long game, not a getrichquick game.
And maxing out CreditCards is so USA, in Europe we don't use them, only on vacations to the USA hahaha
Crypto in general is dead for at least the next 4 years
To many people lost money to many taxes to many regulations
I'm glad I did not get many gpus it's just not worth it
I'm sure there is more then one on here who maxed out their credit cards to buy a bunch of video cards
To many people lost money to many taxes to many regulations
I'm glad I did not get many gpus it's just not worth it
I'm sure there is more then one on here who maxed out their credit cards to buy a bunch of video cards
Didn't samsung get a contract for building ASIC?
https://techcrunch.com/2018/01/31/samsung-confirms-asic-chips/
They may bring out some ASIC miners for $100 that blow away antminer and would change everything.
But GPU won't die soon. There will always be something to mine as someone said.
https://techcrunch.com/2018/01/31/samsung-confirms-asic-chips/
They may bring out some ASIC miners for $100 that blow away antminer and would change everything.
But GPU won't die soon. There will always be something to mine as someone said.
If samsung got into the game all bets are off, they have enough respurces to bury anything they want to bury
We need a strong community support against bitmain and ASICs in general.
They became so greedy and aggressive, they even want to have our 1$/day profits now. If we don't fight back as a community, not just mining we are going to lose but everything.
Don't buy ASICs. Let bitmain mine all the bitcoins. Let them be the biggest pool. Buying ASICs is not a bit different than letting them mine all the coins. They steal from us anyway.
Hopefully the community will see the danger they possess in time, and will find a way to kick them out.
They became so greedy and aggressive, they even want to have our 1$/day profits now. If we don't fight back as a community, not just mining we are going to lose but everything.
Don't buy ASICs. Let bitmain mine all the bitcoins. Let them be the biggest pool. Buying ASICs is not a bit different than letting them mine all the coins. They steal from us anyway.
Hopefully the community will see the danger they possess in time, and will find a way to kick them out.
Amen. Couple repetitions of a new asic production for coins that immediately switch algos and turn the asics to bricks will teach people not buy them real quick.
Didn't samsung get a contract for building ASIC?
https://techcrunch.com/2018/01/31/samsung-confirms-asic-chips/
They may bring out some ASIC miners for $100 that blow away antminer and would change everything.
But GPU won't die soon. There will always be something to mine as someone said.
https://techcrunch.com/2018/01/31/samsung-confirms-asic-chips/
They may bring out some ASIC miners for $100 that blow away antminer and would change everything.
But GPU won't die soon. There will always be something to mine as someone said.
Gpu Mining is for kids . I mean your competing with gamers that will mine and get free electricity from parents. Gpu is dead. Asic is big boy stuff more serious. Not everyone is willing to compete at that high level of pre order ahead of time, have it ship from China and deal with the heat and loud noise it generates. Plus more asic buyer means more gpu for kids.
Gpu at $1 dollar a day is pathetic. Get an asic and grow some
Gpu at $1 dollar a day is pathetic. Get an asic and grow some
HAHAHAHA. Funniest thing I've read all day
Gpu Mining is for kids . I mean your competing with gamers that will mine and get free electricity from parents. Gpu is dead. Asic is big boy stuff more serious. Not everyone is willing to compete at that high level of pre order ahead of time, have it ship from China and deal with the heat and loud noise it generates. Plus more asic buyer means more gpu for kids.
Gpu at $1 dollar a day is pathetic. Get an asic and grow some
Gpu at $1 dollar a day is pathetic. Get an asic and grow some
We need a strong community support against bitmain and ASICs in general.
They became so greedy and aggressive, they even want to have our 1$/day profits now. If we don't fight back as a community, not just mining we are going to lose but everything.
Don't buy ASICs. Let bitmain mine all the bitcoins. Let them be the biggest pool. Buying ASICs is not a bit different than letting them mine all the coins. They steal from us anyway.
Hopefully the community will see the danger they possess in time, and will find a way to kick them out.
They became so greedy and aggressive, they even want to have our 1$/day profits now. If we don't fight back as a community, not just mining we are going to lose but everything.
Don't buy ASICs. Let bitmain mine all the bitcoins. Let them be the biggest pool. Buying ASICs is not a bit different than letting them mine all the coins. They steal from us anyway.
Hopefully the community will see the danger they possess in time, and will find a way to kick them out.
actually, mining nowadays gives you less profit (considering the investment) than buying the coins.
Lately, i've been seeing a huge amount of cards being sold on Ebay. A friend of mine has bought a Sapphire RX 580 nitro+ 9gb special edition (the blue one) for just 300€ shipping included, and that's absolute madness because the actual price of that card in my country is about 479€.
The mining community is not strong. And, as time passes by, and we continue getting less and less profit due to blood bath market and increased difficulty.....our future is very black.
We need a strong community support against bitmain and ASICs in general.
They became so greedy and aggressive, they even want to have our 1$/day profits now. If we don't fight back as a community, not just mining we are going to lose but everything.
Don't buy ASICs. Let bitmain mine all the bitcoins. Let them be the biggest pool. Buying ASICs is not a bit different than letting them mine all the coins. They steal from us anyway.
Hopefully the community will see the danger they possess in time, and will find a way to kick them out.
They became so greedy and aggressive, they even want to have our 1$/day profits now. If we don't fight back as a community, not just mining we are going to lose but everything.
Don't buy ASICs. Let bitmain mine all the bitcoins. Let them be the biggest pool. Buying ASICs is not a bit different than letting them mine all the coins. They steal from us anyway.
Hopefully the community will see the danger they possess in time, and will find a way to kick them out.
gpu mining will die.
Nowadays everything in cryptocurrency world is a total disaster, a total mess, a total Fuck.
Nowadays everything in cryptocurrency world is a total disaster, a total mess, a total Fuck.
I see more and more people accepting the fate of gpu mining to die in 2018 and the year is just starting and about your summary, tell that to bitmain cause that is one company is trying to kill everything that we know about decentralization.
All that Jihan cares about is making money. China as a whole doesn't care about decentralization. Exactly the opposite, in my opinion.
gpu mining will die.
Nowadays everything in cryptocurrency world is a total disaster, a total mess, a total Fuck.
Nowadays everything in cryptocurrency world is a total disaster, a total mess, a total Fuck.
I see more and more people accepting the fate of gpu mining to die in 2018 and the year is just starting and about your summary, tell that to bitmain cause that is one company is trying to kill everything that we know about decentralization.
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 $1000 resulted in what we see now, greedy bastards.
Since the price dropped in the all the crypto currencies there is difficulty reduced in the marketplace. So we do not worry of having GPU mining and running it now. I see the growth in mining the ethereum this time.
So I planned to mine the cheap coins after ethereum mining goes to reach its threshold.
I see you are fool just saying it and not going to buy RX 570 cards which can give best hashes from it.
gpu mining will die. Specially if price continues to go down. Just a little hint. In my country, with a 6 gpu mining rig with 189,8mh/s and 880W from the wall, at current prices i get about 121$ profit per month. That's about 98€ for me. Disgusting, absolutely disgusting.
Price goes down, difficulty is going up like absolute madness, and the price of electricity is always the same, so you get less income with same costs.
But mining will die for ETH in just about 4 months at current rates. Once on PoS you will not be able to trade or mine it, and , we all know this, the coin will only be valuable for the actual work the developpers will have gotten in the past years, which is, btw, very little.
Most people will get rekt, the market will be flooded with gpu's for almost nothing , and you will not even get the CR. People that have bought their mining rigs at current prices, will never ever recover their investment, at least in ETH.
Nowadays everything in cryptocurrency world is a total disaster, a total mess, a total Fuck.
Price goes down, difficulty is going up like absolute madness, and the price of electricity is always the same, so you get less income with same costs.
But mining will die for ETH in just about 4 months at current rates. Once on PoS you will not be able to trade or mine it, and , we all know this, the coin will only be valuable for the actual work the developpers will have gotten in the past years, which is, btw, very little.
Most people will get rekt, the market will be flooded with gpu's for almost nothing , and you will not even get the CR. People that have bought their mining rigs at current prices, will never ever recover their investment, at least in ETH.
Nowadays everything in cryptocurrency world is a total disaster, a total mess, a total Fuck.
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