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.
Topic: GPU mining will die in 2018! - page 34. (Read 16860 times)
We will continue to mine for sure but will be profitable like we have today...no one know that
As long as GPUs can mine a coin, there will be coins to mine with GPUs. It's just the way it is.
Until the day you can't make money with a coin by mining it with GPUs, this will continue.
People just want to make money with GPUs, and that will never change unless there is a much easier way to do this and everyone switches to that instead.
Until the day you can't make money with a coin by mining it with GPUs, this will continue.
People just want to make money with GPUs, and that will never change unless there is a much easier way to do this and everyone switches to that instead.
Saying mining is a waste of energy is like saying Auto racing like NASCAR and Indy and Formula 1 is a waste of gas.
They pretty much drive around in circles and end up wasting all that fuel that causes pollution.
Same with eating beef. You eat a hamburger and somewhere a cow farts... guess what that fart causes much more pollution than mining.
They pretty much drive around in circles and end up wasting all that fuel that causes pollution.
Same with eating beef. You eat a hamburger and somewhere a cow farts... guess what that fart causes much more pollution than mining.
I don't think anything will change anytime soon......
I'm not allowed to speak the truth openly, If I was then many coins would have already been killed off, so yeah let's hope nothing will change this year.
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.
Oh this again.
I can say with 99.999% certainty that GPU mining will not end in 2018. It may even survive beyond 2020.
Nothing is ASIC proof. Some company could easily develop ASIC miners for eth and other coins. Unfortunately, it is easier said than done. Designing an ASIC chip for eth mining takes alot of time and money.
If any company is to start designing an ASIC today, they won't be able to commercialise it by end of 2018. With all the development, testing, debugging and getting foundries to make the chip, buy GDDR5/5x/6 (DDR6 is coming soon by Samsung). Its impossible to do everything within a year.
Also, if the company wants to get started, they would need funding. They will need to advertise and investors. We would have heard of something by (if they wants to ship in 2019). Preorders would need to start early as well. Right now, I have yet to read or heard of any ASIC in development or any company planning to develop ASIC for eth mining.
Unless some big scale miners are designing their own ASIC secretly, I don't think anything will change anytime soon......
I can say with 99.999% certainty that GPU mining will not end in 2018. It may even survive beyond 2020.
Nothing is ASIC proof. Some company could easily develop ASIC miners for eth and other coins. Unfortunately, it is easier said than done. Designing an ASIC chip for eth mining takes alot of time and money.
If any company is to start designing an ASIC today, they won't be able to commercialise it by end of 2018. With all the development, testing, debugging and getting foundries to make the chip, buy GDDR5/5x/6 (DDR6 is coming soon by Samsung). Its impossible to do everything within a year.
Also, if the company wants to get started, they would need funding. They will need to advertise and investors. We would have heard of something by (if they wants to ship in 2019). Preorders would need to start early as well. Right now, I have yet to read or heard of any ASIC in development or any company planning to develop ASIC for eth mining.
Unless some big scale miners are designing their own ASIC secretly, I don't think anything will change anytime soon......
no, more coin still mining for along time ....
GPU mining consumes a tiny fraction of overall world energy output.
Total hysteria. It's a non-issue.
Total hysteria. It's a non-issue.
LOL, I just placed an order with a big computer retailer here in the UK for another batch of 16 GPU's at very competitive price, in fact they advertise on the web 1 gpu per person, when I called and talked to sales rep, told them I needed 16 gpu for a mining rig he immediately took my payment and process my order.
where did you get these from if you dont mind me asking?
I'd like to know too, the toxic gas from my overheating rx550's with shitty fans is making me almost as queezy the smell from the dead rats that electrocuted themselves in my oven.
soon on their screens...
GPU mining will die in 2019!
GPU mining will die in 2019!
LOL, I just placed an order with a big computer retailer here in the UK for another batch of 16 GPU's at very competitive price, in fact they advertise on the web 1 gpu per person, when I called and talked to sales rep, told them I needed 16 gpu for a mining rig he immediately took my payment and process my order.
where did you get these from if you dont mind me asking?
Nah it won't.
There are plenty of ASIC resistant coins to mine profitably with your GPUs.
ASIC devices will just be a part of the mining market. Most of miners are using GPU rigs, because if you're bored with mining, you can just sell your GPUs for gamers.
A bunch of ASIC devices is already obsolete, nobody wants it and it's not profitable anymore.
There are plenty of ASIC resistant coins to mine profitably with your GPUs.
ASIC devices will just be a part of the mining market. Most of miners are using GPU rigs, because if you're bored with mining, you can just sell your GPUs for gamers.
A bunch of ASIC devices is already obsolete, nobody wants it and it's not profitable anymore.
I think this defeats the whole purpose of the decentralized coin idea and it will not be allowed to die.
I think the future of crypto currency is in the coins that are ASIC resistant or for coins that strive to be ASIC resistant, like someone was saying BTG is trying to avoid ASICs as much as possible.
I think everyone is aware of the fact that the BTC network has become very congested (transactions are being processed very slow) thus sellers are starting to keep away from it.
I mean even the bitcoin conference did not accept btc as a form of payment. That tell us something right?
My opinion is that if Btc was still minable by everyone then this issue would not be occuring anymore.
I think the future of crypto currency is in the coins that are ASIC resistant or for coins that strive to be ASIC resistant, like someone was saying BTG is trying to avoid ASICs as much as possible.
I think everyone is aware of the fact that the BTC network has become very congested (transactions are being processed very slow) thus sellers are starting to keep away from it.
I mean even the bitcoin conference did not accept btc as a form of payment. That tell us something right?
My opinion is that if Btc was still minable by everyone then this issue would not be occuring anymore.
GPU mining consumes too much power. I also think that is time for PoS coins to make PoW projects obsolete.
There is noe need for so much energy. Sunny King showed us how it works without PoW. ;-)
There is noe need for so much energy. Sunny King showed us how it works without PoW. ;-)
Do not tell that out loud, east European countries will send a hitman to hunt you to the ends of earth, mining is the only way they make money there, if you take that away from them it will mean serious consequences.
Funny eth's lead dev is Russian and he knows what will mean eth going to pos to east European people. Last time he said eth network was consuming more electricity than Estonia. Damn, that is a lot, I tell you.
GPU mining consumes too much power. I also think that is time for PoS coins to make PoW projects obsolete.
There is noe need for so much energy. Sunny King showed us how it works without PoW. ;-)
There is noe need for so much energy. Sunny King showed us how it works without PoW. ;-)
This is becoming stupid anyway you look at or into, something will happen this year, nvidia or amd could kill gpu mining if they want, asics manufactures can kill gpu mining anytime. People could kill gpu mining with stupidity, there are many ways gpu mining can be killed this year. Trust me I'm worried and you should do.
Ok, dad. Good talk. Yeah this thread is becoming stupid, because you keep posting non-sense without anything to back it up. And then you start spinning your wheels again. And then you cry and say something else that doesn't make sense.
I'll begin worrying when there is a legit reason to worry about my own mining farm and right now, there is no reason. I don't give a fuck what an idiot who buys a overpriced gpu is doing. That's his bad judgement and lose in the end, if it doesn't work out.
Yep Nvidia and AMD could kill mining this year ... If they both go out of business. Do you think they will just shut their doors, because they have an opinion on a specific large group of people who are buying their products? NOPE! Shareholders won't allow that. Do you think the board of directors at Nvidia gives a fuck where the money is coming from? They don't. They care that it is flowing in and that is their only concern. Do you know anything about how big business works? NOPE ... You don't. It's just you and your thoughts in your padded room with your tin foil hat spewing little bits of garbage that most people will never see.
I honestly do feel sorry for you. Your life must be total shit. But you shouldn't give up. Keep on fighting the good fight. I've had family members go through the same sort of medial conditions that you are probably going through. If you are strong enough, you won't hurt yourself. Remember ... There is help out there. You are not alone, Metroid. In case you need it, here's the number for the National Suicide Prevention Lifeline in the United States ... 1-800-273-8255. If you are outside of the USA, all you have to do is google it. We care about you, buddy.
You're more full of it than the OP, Nvidia just contacted every store on the planet and told them not to sell GPUs to miners. So yes nvidia does care where the money comes from. With Jews you always lose.
LOL, I just placed an order with a big computer retailer here in the UK for another batch of 16 GPU's at very competitive price, in fact they advertise on the web 1 gpu per person, when I called and talked to sales rep, told them I needed 16 gpu for a mining rig he immediately took my payment and process my order.
All of that NVIDIA nonsense its just PR to please the media. at the end NVIDIA/AMD can not police end customer retail sales and as someone explained before, all shareholders care is liquidity (GPU sales) and not some salty gamer/miner whining about high gpu prices.
Exactly. Perhaps the core of the company cares about it. But large shareholders outside of that very small core simply do not give a shit about anything other than the numbers. They became a large shareholder, because they expect that number to increase. And to the guy who said "You Always Lose With Jews" ... Lol ... Jewish businessmen are some of the greediest bastards I've met in my life. And I don't mean that in a bad way, I have nothing against Jewish people, but there is a certain level of greed that they have.
And then down the line to retailers. There is just no way for NVIDIA or AMD to enforce it. Just as you've outlined in your experience ... Call them up and tell them what you want. No problem, if they have that quantity in stock. It's cheaper for them to sell 16 to one person then it is to sell 16 to 16 people.
I also believe it to be a PR move to satisfy the gaming community. Large retailers aren't really price gouging either. I think it's less about high prices and more about stock at reasonable prices.
The poster above may have been able to smooth talk his way into a rig full of nvidia GPUs I wasn't so lucky, the sales clerk ran off and told his manager I wanted a batch of those cards. When he came back he told me to fuck off even though they didn't advertise a limit. I had to get amd rx550's with shitty fans.
I'm sure there will always be a gpu mine-able algo. Besides innovation being a coin prerequisite since 2014, there is a direct correlation between the creation of an ASIC for a particular hashing algo and the previous gpu popularity on that algo. The gpu is necessary for ASIC to exist.
That's an interesting way to look at it.
Atomic swap might make things obsolete. What's going to happen when nobody wants to deal with exhange and the fees and getting robbed when you can atomic swap for free?
What happens when the volume drops on the exchange? Price of coin goes down
What happens when the volume drops on the exchange? Price of coin goes down
I'm sure there will always be a gpu mine-able algo. Besides innovation being a coin prerequisite since 2014, there is a direct correlation between the creation of an ASIC for a particular hashing algo and the previous gpu popularity on that algo. The gpu is necessary for ASIC to exist.
You read this over and over. Even siacoin is changing algos to fight the asics coming out from bitmain. I doubt it will become extinct but most likely shift to other coins.
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