GPU mining will die in 2018! - page 33.

notbatman

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Quote from: gotminer on February 02, 2018, 09:45:06 AM

Quote from: Metroid on February 02, 2018, 09:33:33 AM

This week so far, first ASICS of many coins just arrived and so far eth + dual mining coins, sia, dcr, lbc, pascal are dead. Second bitcoin has been constantly crashing, just in few days from 13k to 7k, that is almost 100% and mining also takes 100% less profit regarding money. So all in all, my condolences to the people who bought gpus overpriced and wanted to get rich fast, I have to hand to you --> "You are brave", hehe, those people might never reach even 20% of what they paid for those gpus. Third Congratulations to the people who paid $200 for the rx 580 and rx 570 and sold to the idiots for $500 and over. You are such a smart bunch.

Here is a important thing to remember, mining will never make you rich, buying and selling coins will, be smart.

I wish btc was at 7K. We were only $40 away from my buy order on gdax at $7500 getting filled at some point last night. Please please please drop to $7500 ...

Lol, everybody had their orders in at 8k!

Hold on to your socks, 20k BTC in 3, 2, ....

Riptide_NVN

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I wish whining and complaining would die in 2018.

gotminer

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Quote from: Metroid on February 02, 2018, 09:33:33 AM

This week so far, first ASICS of many coins just arrived and so far eth + dual mining coins, sia, dcr, lbc, pascal are dead. Second bitcoin has been constantly crashing, just in few days from 13k to 7k, that is almost 100% and mining also takes 100% less profit regarding money. So all in all, my condolences to the people who bought gpus overpriced and wanted to get rich fast, I have to hand to you --> "You are brave", hehe, those people might never reach even 20% of what they paid for those gpus. Third Congratulations to the people who paid $200 for the rx 580 and rx 570 and sold to the idiots for $500 and over. You are such a smart bunch.

Here is a important thing to remember, mining will never make you rich, buying and selling coins will, be smart.

I wish btc was at 7K. We were only $40 away from my buy order on gdax at $7500 getting filled at some point last night. Please please please drop to $7500 ...

Metroid

sr. member

Activity: 2142

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Xtreme Monster

This week so far, first ASICS of many coins just arrived and so far eth + dual mining coins, sia, dcr, lbc, pascal are dead. Second bitcoin has been constantly crashing, just in few days from 13k to 7k, that is almost 100% and mining also takes 100% less profit regarding money. So all in all, my condolences to the people who bought gpus overpriced and wanted to get rich fast, I have to hand to you --> "You are brave", hehe, those people might never reach even 20% of what they paid for those gpus. Third Congratulations to the people who paid $200 for the rx 580 and rx 570 and sold to the idiots for $500 and over. You are such a smart bunch.

Here is a important thing to remember, mining will never make you rich, buying and selling coins will, be smart.

manji

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Quote from: Kanvashardas on January 31, 2018, 07:28:39 AM

On the other hand mining with mobile phones is still unused. We didn't have a chance to try it.
I think that people will mine coins in the next 5 years.

who will experiment and try to use the mobile phone to mining with the risk of damaging the mobile phone?

GPUs that have RAM, Processor, and fan alone can be at risk of damage when used mining because mining takes out heat let alone a mobile phone that has no fan.

treanski

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ONe Social Network.

i just ordered 5 vegas, lets roll the dice Grin

sundownz

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Quote from: gotminer on January 28, 2018, 12:31:50 AM

Quote from: grendel25 on January 28, 2018, 12:21:50 AM

Well, if it died before, was resurrected, and now will die again... who cares if it will just be resurrected again? Mine responsibly. Friends don't let friends mine drunk.

Friends don't like friends buy gpu's drunk ... Lol ... Also ... This thread will die in 2018. Anyone want to hedge against it? Lol.

I have bought half my GPUs after a few beers *laughs*

Kanvashardas

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On the other hand mining with mobile phones is still unused. We didn't have a chance to try it.
I think that people will mine coins in the next 5 years.

wasabi.domo

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PoW isn't going anywhere in the short term. It's such a part of the culture. Even new POS coins are starting as PoW and then flipping.

coin163

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dApps Development Automation Platform

Many rumor that ETH will go to PoS end of this year. But this story always happen every year.
Even if it real GPU still can mine a lot of another coin But Asic miner can miner only 1 specific. That's huge risk for investors.

adaseb

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Quote from: Bankincoins on January 29, 2018, 08:35:02 PM

Remember how Eth was going PoS in fall of 2017 and we were all screwed?

If ETH manages PoS before 2019 I will be shocked. They will push back the difficulty bomb again.

ETH was suppose to go POS in Summer of 2016 actually. Its the reason why I didn't buy more Fury/Nanos back in Winter of 2015.

When it actually goes POS, if it goes POS, who knows?

Bankincoins

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Remember how Eth was going PoS in fall of 2017 and we were all screwed?

If ETH manages PoS before 2019 I will be shocked. They will push back the difficulty bomb again.

vtrx

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Is Ethereum currently mined with GPU only or are there some asic solutions (I wasn't able to find)? In this case how GPU mining can die if Ethereum blockchain is growing permanently?

gotminer

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Quote from: grendel25 on January 28, 2018, 12:21:50 AM

Well, if it died before, was resurrected, and now will die again... who cares if it will just be resurrected again? Mine responsibly. Friends don't let friends mine drunk.

Friends don't like friends buy gpu's drunk ... Lol ... Also ... This thread will die in 2018. Anyone want to hedge against it? Lol.

grendel25

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Well, if it died before, was resurrected, and now will die again... who cares if it will just be resurrected again? Mine responsibly. Friends don't let friends mine drunk.

gotminer

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Quote from: Agozyen on January 27, 2018, 11:39:26 PM

Quote from: Marvell2 on January 19, 2018, 03:47:49 PM

Equihash is very hard to build asics for due to the increase in memory requirements

but i dont think gpu mining will die, there are so many algorithms out there , there should always be something to mine even when Eth ends

Neo Scrypt is also ASIC resistant. GPU mining isn't going anywhere, it's the coins we mine that will change!

Algos, but yes, I agree.

Agozyen

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Until the end

Quote from: Marvell2 on January 19, 2018, 03:47:49 PM

Equihash is very hard to build asics for due to the increase in memory requirements

but i dont think gpu mining will die, there are so many algorithms out there , there should always be something to mine even when Eth ends

Neo Scrypt is also ASIC resistant. GPU mining isn't going anywhere, it's the coins we mine that will change!

ruthbabe

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Quote from: BitcoinSupremo on January 27, 2018, 05:12:40 PM

Two reasons why GPU mining will never die.

1.New GPU-s will be released every 6 months or at max every 1 year.
2.New GPU friendly coins will be released.

End of story: GPU mining will continue for quite a while, no need to worry about that.

Fact: Actuall a rig of mine with 6 x RX 570 with perfect bios modification and total hashrate in eth 0.182GHS is making 0.0017 BTC daily while a S9 is making 0.0012 BTC daily. This shows that a GPU mining at this moment is more powerful than a S9.

The problem is on this month, January 2018, prices of graphics cards have gone up over 100% compared to that of December 2017 last year. The ZOTAC GeForce GTX 1070 Ti MINI 8GB GDDR5 256-bit for example, the price last year was more or less $480 and but now it's $1177 and like other brands, it's very hard to find nowadays here in the Philippines.

HTHP

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I don't think so. GPU mining will stay as long as there is strong coins based on GPU mining.
Just make sure that in the rig you have good amount of memory in the graphical cards.

gotminer

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Quote from: Metroid on January 27, 2018, 02:00:48 PM

Quote from: escksu on January 27, 2018, 10:03:14 AM

I don't think anything will change anytime soon......

I can however laugh at idiots who are buying GPU's at 400% their msrp. They are the ones who will be hurt pretty bad.

One of the few things we can agree on

Topic: GPU mining will die in 2018! - page 33. (Read 16860 times)