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Topic: GPU mining will die in 2018! - page 38. (Read 16860 times)

full member
Activity: 155
Merit: 100
January 22, 2018, 04:56:23 PM
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.

That is right. More and more coin will be asic resistant and could be mined with GPU.
newbie
Activity: 182
Merit: 0
January 22, 2018, 03:46:17 PM
PC gaming will die in 2018!

Imagine playing Battlefield with 8 1080s? Oh yeah, max settings.

OT, you know, these coins I'm holding are often ridiculed, called worthless and shitcoins, if they spiked in value, it wouldn't be the worst thing in the world. Just saying.
member
Activity: 194
Merit: 12
Trust me. I'm a holder.
January 22, 2018, 02:18:52 PM
vertcoin is still alive. Smiley
hero member
Activity: 2464
Merit: 603
January 22, 2018, 01:37:29 PM
It seems to be quite the opposite as demand for GPU cards keeps increasing- hence the higher prices.  If anything, GPU mining will continue to gain steam in 2018 along with new ASIC resistant algos.
member
Activity: 322
Merit: 10
January 22, 2018, 11:07:56 AM
I think gpu mining will not die in the near future. not only there will  be new mineable coins in the future, but there are also many up-and-coming projects that will offer new ways of earning compensation for gpu computation. so I think we will not find it as dead in 2018.
jr. member
Activity: 117
Merit: 6
FREE VPS. Check Signature for link
January 22, 2018, 11:03:20 AM
I see day by day, ASICS of many coins are launching, individually or multiple. Chinese companies are trying to kill the GPU mining market once again cause they are greedy, just like they did to Bitcoin and Litecoin. GPU Mining died in 2013 and was resurrected in 2015 with the Cryptocoins Generation 2.0, although many of you miners just started mining on 2016 due to huge pumps on those 2.0 cryptocoins.

As Cryptocoins got more popular than in 2011 - 2013. The new generation of Cryptocoins 2015 and afterwards are endangered by ASICS once again, and 2018 looks to be the year of per the title "GPU mining will die in 2018!".

Keep in mind that there are possible ASICS for ethash already for Q1, and even if ETH goes POS, ETC and other ethash coins will be only ASICS and if that happens only Equihash coins will be minable for a time and I have a word that there is already an ASIC in development for Equihash already and will start delivering in Q4 2018. As GPU mining keep gets scarce, other popular coins will have pumps and so ASICS will be born for them.

I want to know your thoughts about it and I wonder the limits of --> "where, there is money to be made, there is greedy"

Keep in mind that this price crashing we are seeing is due also to the fear of ASICS for most GPU mining coins.

Though I'm not that into the algorithms used by some cryptos, I've heard that some coins can only mined by a CPU or GPU and they cannot be mined by ASIC
newbie
Activity: 33
Merit: 0
January 22, 2018, 10:46:38 AM
PC gaming will die in 2018!

Doubt it will be the case but it will seriously hurt it, and VR options, if gamers can't get their hands easily on the high end cards.
legendary
Activity: 2212
Merit: 1038
January 22, 2018, 10:37:25 AM
PC gaming will die in 2018!
jr. member
Activity: 176
Merit: 5
January 22, 2018, 10:33:41 AM
Hello, i think that mining hardware cant die easily because there are a lot of interested people behind, i really believe that the cryptomining will be quite different in 2018....lets see then
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
January 22, 2018, 10:26:44 AM
I need a new water heater, I'm considering installing one of those heat pump units in my mining room also.

just be aware heat pump hot water heaters will need to drain condensate somewhere.
member
Activity: 644
Merit: 24
January 22, 2018, 08:25:06 AM
No one really needs or values your warning or opinions, because you don't know how to properly convey them.  Hopefully people aren't out there paying insane prices for gpu's without really knowing that they're doing it, but of course it's happening to an extent.  However, we can do our own research and form our own opinions without the help of a fear mongering, halfwit like yourself.


So I went back and looked at Metroid's post because and he has a history of spreading FUD. Not sure how this thread is 5 pages long already but ppl need to know this guy is a nut job. Below are some classic example of this guys retarded trolling. Hope others can see it for what it is. Enjoy the read I picked some of the best posts for your viewing pleasure:

Sept. 20, 2017:
Only stupid people would exchange eth for gpus to mine eth right now, eth forks are coming and there are too many good news about the fork, I'm seeing at least 300% rise in few weeks, eth might even reach 0.5 btc and that is being conservative.

You need to understand that when eth rises it rises many times in few hours. ETH might reach 0.5 btc tomorrow.

And if you spend on a mining rig then will take at least 1 year and 6 months for you to get the same eth amount you have right now.

Nov 4, 2017: Recommending eth only whereas in reality btc hit ATH in Dec. as did many other coins
buy $30000 btc $20000 ETH and enjoy your sleep.

mining only really makes money when speculation makes a lot more.

I would do what this guy is saying, and buy only eth cause it is very undervalued right now.

After byzantine fork: saying miners lost 15% we actually didnt. It was the same and I have numbers to prove it. Again spreading FUD without actual testing.
The reward dropped from 5 to 3 and the difficulty dropped from 3 to 2.1, so you miners lost 40% on the reward and gained 25% on the difficulty, block times from 30 to 15 seconds is related to the difficulty. Many trolls said with this update, you would be earning more money, which is not true as it stands. So meaning, you stupid miners are earning 15% less money with this update, correct me if I'm wrong or missed something.

Oct 2017:Replying to say if Eth mining is profitable. Anyone can see that it still is profitable to this very day.
no.

Oct 9, 2017: Saying that ltc will soon be like ghost. Till this day L3+ and S9 are the most profitable Asics out there.
That is the problem when you dont have control over the market, at least on the btc scene is good, on xghost no and on ltc soon will be the same as xghost.


Oct 2017: Apparently a 4k mining investment will take 2 years (if experienced) while otherwise will take 3 years or so  Roll Eyes
If you invest right now, you will get those $4k back in 2 years or so if you are an experienced miner, if not then expect 3 years or so.

A few months later Zec hit ATH but this guy was saying 0.5btc any day. Yeah metroid no thank you.
My opinion is change all your zcash or any other coin you have to eth very fast cause eth is about to break and hit 0.5 btc in few days. It might go higher than that. Thank me later and don't forget to thank me.

Sept 2017: Mining since has become so profitable that the cards have become scarce but had we listened to this troll we would have lost out of on so much.  Roll Eyes
You trolls have to be very careful saying profitability will be higher than now cause noobs see that as reassurance of their stupidity that might come to fruition hehe

Hope you all can see this persons fixation with mining and discouraging everyone from it. Metroid if you cant mine for whatever reason stop pissing in everyone else cereal ffs.


Yeah I did the same thing when I first started seeing his crazy chatter.  When people start talking total non-sense over and over with a broad outlook, you look deeper for the real answer.  Thank you for putting them all in one place for everyone to see.  He's a moron to say the least.  He's probably more like mentally retarded without the offical diagnosis.  All of that said, he could have an agenda, which doesn't make him an idiot.  But the fact that he thinks he can move markets alone, puts him back into the mental retardation space.  

I honestly think he has lost a lot of money and spreads his anti-cheer based on the fact that his therapist isn't giving him good enough medication.  He probably needs to be in a padded room with a straight jacket on.
DrG
legendary
Activity: 2086
Merit: 1035
January 22, 2018, 03:11:17 AM
Even NVDia left a note to distributors, "don't sell Graphic Cards to miners but to gamers".


Why don't they simply make more, LOL
it is not that 1070 and 1080 need any special memory like Vegas do.
Also, why in hell they don't promote more the mining versions, with no video. There has to be a way to add some mining optimizations to those cards and sell to miners, that will leave gamers alone.

Well they did essentially divert all their Samsung memory allocation on the 1060s to mining cards and those mining cards are roughly 33% fast on Ethash and 10-15% on Equihash because of it. Still doesn't warranty buying a card with no display outputs though.
sr. member
Activity: 336
Merit: 253
Gone phishing...
January 22, 2018, 03:10:16 AM
Even NVDia left a note to distributors, "don't sell Graphic Cards to miners but to gamers".


Why don't they simply make more, LOL
it is not that 1070 and 1080 need any special memory like Vegas do.

Perhaps they're producing at their max. If that's the case, they may not want to make the investment to increase production, knowing that they'd indirectly be gambling on the fate of GPU-mineable cryptocurrencies, in that the inflated demand and market price of their product is tied to the ability to produce revenue for the user.

Keep in mind that in the days before cryptocurrencies, gaming GPUs were used for just that; gaming. Other applications, such as Folding@Home and whatnot, were negligible in comparison. Generally gamers would only need one card, perhaps two (although crossfire/SLI back then were even less efficient than now) per system, and the greatest typical upgrade rate was once every generation of GPUs, if that. This is in stark contrast with the demands of today, where a nonnegligible number of GPU miners each desire many graphics cards (even for home miners, this is far beyond the aforementioned 1-2 per user).

Or perhaps they purposefully limit production knowing that many of the cards they release will eventually flood the used graphics card market in the future, and the more powerful units of current generations will likely remain competitive with the lower-mid tier units of later generations.

Or perhaps they're reserving many units for their own mining farms. It's all speculation. :p


Even NVDia left a note to distributors, "don't sell Graphic Cards to miners but to gamers".


Why don't they simply make more, LOL
it is not that 1070 and 1080 need any special memory like Vegas do.
Also, why in hell they don't promote more the mining versions, with no video. There has to be a way to add some mining optimizations to those cards and sell to miners, that will leave gamers alone.

If prices and warranty policies were more competitive with normal gaming cards, I could see more people considering them. Until then, they probably won't help the situation.
member
Activity: 140
Merit: 17
January 22, 2018, 03:02:02 AM
Even NVDia left a note to distributors, "don't sell Graphic Cards to miners but to gamers".


Why don't they simply make more, LOL
it is not that 1070 and 1080 need any special memory like Vegas do.
Also, why in hell they don't promote more the mining versions, with no video. There has to be a way to add some mining optimizations to those cards and sell to miners, that will leave gamers alone.
legendary
Activity: 3892
Merit: 4331
January 22, 2018, 02:50:23 AM
#99
Even NVDia left a note to distributors, "don't sell Graphic Cards to miners but to gamers".


Why don't they simply make more, LOL
it is not that 1070 and 1080 need any special memory like Vegas do.
hero member
Activity: 2086
Merit: 562
January 22, 2018, 02:31:23 AM
#98
It's very simple to understand and people don't need to react or panic, this equihash is made for asic resistance meaning any kind of asic don't get penetrate in this kind of algo... Brother who wrote this thread my simple advice is STOP DRINKING HARD COFFEE you really scared the people who reading your post... Just kidding!!  Grin  Grin
member
Activity: 630
Merit: 10
In BTCz we trust. Organic slow growth.
January 22, 2018, 02:22:45 AM
#97
Simple. Buy bitcoin gold if you feel this way.

I feel bitmain is invasive so I started loading up on btg. They took over Sia coin with their a3 miner. Sia devs threatened bitmain but have not took any definitive action. Bitcoin gold will

Bitcoin gold have no problems changing algos to be asic resistant.

The bitcoin community claims to be decentralized yet they keep buying bitcoin the most centralized coin being mined out by bitmain.

If you truly believe in decentralization you should be getting btg and not btc


BTG was premined 100,000 coins. Its almost like an ICO but less premine.

My bet is on BTCZ which is Bitcoin 2.0. Very fast almost instant transactions from mobile to mobile with nice app on Android. Zero Premine. Great developers. Super hard to find even to buy. Still easy to mine although difficulty and price have jumped lately.
hero member
Activity: 873
Merit: 1007
January 22, 2018, 12:22:38 AM
#96
If I was in the southern hemisphere and dealing with heat issues I would definitely consider dumping my cards for insane inflated prices and just buy back at lower prices. The savings could be used to buy coins directly since everything is on sale compared to December prices.

In northern hemisphere many are enjoying the "free" heat so miners are not as annoying. I wish this shortage had hit 6 months ago, I would have dumped all my older cards back then.
full member
Activity: 1148
Merit: 132
January 21, 2018, 11:25:56 PM
#95
What's dying is the gaming economy.
With this GPU mining craze, Gamers pockets are crying from Overpriced Limited stock GPU.
Even NVDia left a note to distributors, "don't sell Graphic Cards to miners but to gamers".

More variety of ASIC, less chances of industrial level of mining to use GPUs.
It's a Win-Win for Gamers, Bitmain and Large-scale Miners.

a single rx500 is not making $4 a day where do u get that number from?
more likw $2.50 a day max
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
January 21, 2018, 11:12:33 PM
#94
I was shocked at GPU pricing... i went on eBay to look around, and for example a radeon rx 580 was about $150 more than I paid for it about 7 months ago........  the demand for cards must be horrendous.



No  the demand is wonderfully high.

If it were horrendous prices would be 160 or 200
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