GPU mining will die in 2018! - page 7.

dimpsk

newbie

Activity: 112

Merit: 0

Quote from: swogerino on April 15, 2018, 02:17:22 PM

Quote from: Mamasita22 on April 15, 2018, 01:16:43 PM

For amd cards, claymore took most of algos sticked to nvidia like blake and some algos before. He also did Neoscrypt miner for amd videocards. For now, amd as universal as nvidia cards. So if ETH gpu mining dies, there are lot of algos, even excluding monero and ETH forks

If Ethereum and Monero are out of the mining business for graphic cards I only see the Zec as the most valuable option to mine after Ethereum and Monero and it is not looking as profitable as Ethereum or Monero at all.

I tried mining Musicoin with my 1060 3gb as in Windows 10 they can't mine ethereum anymore and profitability was just a bit less so I don't think there are a lot of other coins to mine except Zec and coins which are on Equihash algorithm like Bitcoin gold.

There is a bunch of shitcoins to mine. But they are not stable and you probably will geet nothing on it.

swogerino

legendary

Activity: 3136

Merit: 1233

Top Crypto Casino

Quote from: Mamasita22 on April 15, 2018, 01:16:43 PM

For amd cards, claymore took most of algos sticked to nvidia like blake and some algos before. He also did Neoscrypt miner for amd videocards. For now, amd as universal as nvidia cards. So if ETH gpu mining dies, there are lot of algos, even excluding monero and ETH forks

If Ethereum and Monero are out of the mining business for graphic cards I only see the Zec as the most valuable option to mine after Ethereum and Monero and it is not looking as profitable as Ethereum or Monero at all.

I tried mining Musicoin with my 1060 3gb as in Windows 10 they can't mine ethereum anymore and profitability was just a bit less so I don't think there are a lot of other coins to mine except Zec and coins which are on Equihash algorithm like Bitcoin gold.

lncm

member

Activity: 388

Merit: 13

The mentioned ETH ASIC's don't make a huge difference in terms of hashrate and power consumption from a multi GPU rig.
Graphic cards can compete.

No so with cryptonight ASIC's, those things had tremendous hashrate at low power.

Mamasita22

full member

Activity: 213

Merit: 101

For amd cards, claymore took most of algos sticked to nvidia like blake and some algos before. He also did Neoscrypt miner for amd videocards. For now, amd as universal as nvidia cards. So if ETH gpu mining dies, there are lot of algos, even excluding monero and ETH forks

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: timbereagle on April 15, 2018, 10:12:32 AM

Actually only thing could save mining to collapse is decrease in difficulty.

Otherwise even ETH price 1000 USD and diffX2, it will not be profitable.

And it can only happen if ETH makes hard fork and all hidden asic ETH miners are out.
This is only way.

Stop waiting something from the Eth devs.

Too late for that. Devs already made their decision. They have chosen to live with the ASICs. Forget ETH and start shilling for the GPU friendly coins like Monero and Raven. Raven is too fresh (one can say that's a good thing) and Monero is only good for AMD products like Ryzen CPU or Vega GPU sadly.

Just hire your rig for the best paying customer like you were doing before. Right now it is either Raven or Monero. Eth sold itself to Bitmain. Crying after it is meaningless.

Kosmin

newbie

Activity: 32

Merit: 0

GPU mining never die.

Atomicc

member

Activity: 301

Merit: 31

It depends of what You expect.
The gold days of mining with extra profit, and simple "one click mining solutions" are gone. You has to have some technical knowledge, and if You ready to invest Your time in research, learn, adopt and follow the latest news, it is, and will be profitable.
The profitability will be questionable for 10000GPUs (or bigger) farms, but for small miners from 50 to 200GPUs always will be something to mine. Also, the profitability will be better when some miners left mining.
ASICs were considered as a future of mining, but few greedy ASIC producers with their unfair business model, and dedicated overproduction destroy all trust in ASIC profitability.
FPGA can be the future, but it depends how miner program developers support it. If it will be free programs with "devs fee" (like Claymore) system, the future is bright. If they decide to sell dedicated HW+SW solutions it will probably finish like ASICs...

dragonmike

hero member

Activity: 1274

Merit: 556

Quote from: Metroid on April 15, 2018, 09:05:19 AM

Quote from: Jr. on April 14, 2018, 04:00:50 PM

It's all about upgrading your business service and machine also, since every business is a competition then this kind of event is unavoidable, though ASICS is much more and most productive than GPU, if GPU prices is much more cheaper than the other but can give enough produce result then I think they can still survive.

GPUS as nvidia xx60 or amd xxx80 will never be priced less than $200 cause that is the performance segment, due to mining and lack of components to build a gpu, demand got very high and supply could not handle the demand, so my point is if asics can get a better hashrate than x price point gpu then it will crash the gpu market price, right now we are not seeing much but with eth asics coming and devs doing nothing, that means, if ethash keeps the gpus overpriced then cause of a coming competition, gpu prices will have to come down to normal levels but everything depend of many possibilities and use cases.

But... But...

Will gpu mining die in 2018?

Really?

Hehe.

timbereagle

hero member

Activity: 881

Merit: 502

Actually only thing could save mining to collapse is decrease in difficulty.

Otherwise even ETH price 1000 USD and diffX2, it will not be profitable.

And it can only happen if ETH makes hard fork and all hidden asic ETH miners are out.
This is only way.

Metroid

sr. member

Activity: 2142

Merit: 353

Xtreme Monster

Quote from: Jr. on April 14, 2018, 04:00:50 PM

It's all about upgrading your business service and machine also, since every business is a competition then this kind of event is unavoidable, though ASICS is much more and most productive than GPU, if GPU prices is much more cheaper than the other but can give enough produce result then I think they can still survive.

GPUS as nvidia xx60 or amd xxx80 will never be priced less than $200 cause that is the performance segment, due to mining and lack of components to build a gpu, demand got very high and supply could not handle the demand, so my point is if asics can get a better hashrate than x price point gpu then it will crash the gpu market price, right now we are not seeing much but with eth asics coming and devs doing nothing, that means, if ethash keeps the gpus overpriced then cause of a coming competition, gpu prices will have to come down to normal levels but everything depend of many possibilities and use cases.

swogerino

legendary

Activity: 3136

Merit: 1233

Top Crypto Casino

Quote from: jujubax on April 13, 2018, 08:35:51 PM

Windows 10 reserve a part of the 3 gb for Huh. So, with the dag size you are at limit.
Go back to win7 and you will mine for few other months.

Unfortunately there is no possible solution to this, even Claymore himself who create the dual miners says he cannot do anything. If you are happy with Windows switch to mining Zcash or Lyra2 and Neoscrypt based coins so you cannot make the 3gb cards go in vain already.

If you don't care, switching to a Linux OS will make you happy and you can mine Ethereum again up to April 2019.

Jr.

jr. member

Activity: 98

Merit: 1

Blockchain with a Purpose

It's all about upgrading your business service and machine also, since every business is a competition then this kind of event is unavoidable, though ASICS is much more and most productive than GPU, if GPU prices is much more cheaper than the other but can give enough produce result then I think they can still survive.

lunobird

full member

Activity: 846

Merit: 115

Too much noobs got into mining. Only gpu review comments on Amazon is mining related. The masses of noobs came into the mining game therefore no longer profitable. It's only a service.

I'm sticking with trading mostly and mining with my 30 gpus is just for fun to break even.

I may go with asics as I know less competition their and the benefits tend to harvest after a year if you hold onto the coins.

Gpu your stuck mining trash coins or breaking even on reputable coins.

Don't tell me mining is profitable. If you do your a pleab. I don't care about making an extra buck day. I got better things to focus on.

Sledge0001

full member

Activity: 600

Merit: 152

It's 2018 and if you know what and where to mine with your GPU's you can still be very profitable.

It's concerning just how against GPU mining people are becoming.

GPU Farm

newbie

Activity: 38

Merit: 0

gpu mining is going to live just going to be reformed

togoshigekata

full member

Activity: 1260

Merit: 115

Are CPU Only coins the future? To keep Miner Decentralization?
Or will mining always inevitably become more and more centralized?

BiblePay is the best CPU Only coin I know of, are there others?

2alt

member

Activity: 74

Merit: 10

Haven't caught up on this thread in a while. So not sure if this was mentioned.

https://www.youtube.com/watch?v=FI2MtxfTAgs

Bitmain has new competition.

And samsung has yet to release their beast. I can only guess what they are cooking up in their lab right now.

gotminer

member

Activity: 644

Merit: 24

Quote from: jujubax on April 13, 2018, 08:35:51 PM

Windows 10 reserve a part of the 3 gb for Huh. So, with the dag size you are at limit.
Go back to win7 and you will mine for few other months.

Or use SMOS and it will be the best decision of your life. Lol ... Honestly though ... I just switched two of my Win10 rigs to SMOS this week ... Switching over two more this weekend. If SMOS supported Vega's, I would be switching them too. I'm done with Microsoft for mining rigs.

jujubax

copper member

Activity: 56

Merit: 0

Windows 10 reserve a part of the 3 gb for Huh. So, with the dag size you are at limit.
Go back to win7 and you will mine for few other months.

gotminer

member

Activity: 644

Merit: 24

Quote from: Metroid on April 13, 2018, 06:38:55 PM

Quote from: gotminer on April 13, 2018, 06:34:24 PM

8K eth is your bet for 2018 high? Jesus, that's my dream ... Lol. Not sure I'm that optimistic though.

btc 50k and eth 8k highest.

Not saying it isn't possible. I'll be happy if we get close to ATH's in 2018. I just wonder how much of the money that was put into crypto in December of 2017 will be cashed out as soon as those people get to a break even point (also wonder how much is still in and how many cashed out at a loss out of fear). They will break even and get out ... I will 3X on what I bought in March.

Topic: GPU mining will die in 2018! - page 7. (Read 16858 times)