Here is why gpu mining is not dead and after ETH a coin will come to replace it.

philipma1957

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'The right to privacy matters'

Quote from: Eyedol-X on April 29, 2016, 05:31:29 PM

I think this is another example why USPS is losing so much money and I hate it when Amazon ships crap through them.

I just got something Via USPS today from Amazon.

Shipped on 19th, Picked up by USPS on 19th.

Sat in USPS Warehouse in IL for 7 days before it was shipped to me, then took another 3 days.

All for 2 items the size of 2 USB Flash drives...

Mega Fail in my book.

Post office has slowly become worse over the last 10 years.

I sold a few thousand items on ebay this site and some Mac mini sites.

Post office was my goto shipper.

Not anymore.

Prices went up service went down. I used to be able to ship an Intel CPU in a small flat rate box with tracking to more then 200 countries for 12.95.

Now it is 24.95 ships slower and both tracking and insurance are more $$.

Eyedol-X

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I think this is another example why USPS is losing so much money and I hate it when Amazon ships crap through them.

I just got something Via USPS today from Amazon.

Shipped on 19th, Picked up by USPS on 19th.

Sat in USPS Warehouse in IL for 7 days before it was shipped to me, then took another 3 days.

All for 2 items the size of 2 USB Flash drives...

Mega Fail in my book.

Bemerand

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I just heard about ZCash, will its altgorithm be GPU friendly? I am thinking of days after the Ethereum.

adaseb

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I don't think it was dumped. He just wanted to take some profit.

Amph

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Quote from: adaseb on April 27, 2016, 02:22:38 AM

Quote from: Amph on April 27, 2016, 02:04:25 AM

Quote from: adaseb on April 26, 2016, 04:08:15 PM

Quote from: Amph on April 26, 2016, 01:22:40 PM

i'm not worried at all ethereum is just one of the many coin that will be and tthat were profitable, many other will come

it's not like ethereum was the first proftiable coin(not even the best one actually) and it will not be the last one either....

Besides Bitcoin itself, ETH was the 2nd most profitable. Third was LTC.

I think it will be a while before another new coin reaches the Billion dollar market cap.

Its usually best to sell the GPUs, buy some ASICS, and buy back the GPUS like in a year or two when sometimes pops up.

not for me, i had more profit with coin with a lower market cap, it's all about when you get in on those coin, if you get early you make a kill streak, if you get later only peanuts will remain

i'ts just a gamble and heavy speculation

Im not referring to those ninja instamine and pump and dump scams which make your GPU profitable for like 12 hours.

I am referring to long term (3+ months). Between LTC and ETH, what other coin was profitable long term? None.

all altcoin are pump and dump scam, eth was dumped by vitalik, i would not call any of them long term

besides this i see all the alt as one big alt that is give you a long term profit, does not matter if it is instamined, early mined or whatever, only the profit matter in the end

Bemerand

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Quote from: Amph on April 27, 2016, 02:04:25 AM

Quote from: adaseb on April 26, 2016, 04:08:15 PM

Quote from: Amph on April 26, 2016, 01:22:40 PM

i'm not worried at all ethereum is just one of the many coin that will be and tthat were profitable, many other will come

it's not like ethereum was the first proftiable coin(not even the best one actually) and it will not be the last one either....

Besides Bitcoin itself, ETH was the 2nd most profitable. Third was LTC.

I think it will be a while before another new coin reaches the Billion dollar market cap.

Its usually best to sell the GPUs, buy some ASICS, and buy back the GPUS like in a year or two when sometimes pops up.

not for me, i had more profit with coin with a lower market cap, it's all about when you get in on those coin, if you get early you make a kill streak, if you get later only peanuts will remain

i'ts just a gamble and heavy speculation

But it is very difficult to predict which coin has future or when it will be pumped. What are you mining now?

adaseb

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Quote from: Amph on April 27, 2016, 02:04:25 AM

Quote from: adaseb on April 26, 2016, 04:08:15 PM

Quote from: Amph on April 26, 2016, 01:22:40 PM

i'm not worried at all ethereum is just one of the many coin that will be and tthat were profitable, many other will come

it's not like ethereum was the first proftiable coin(not even the best one actually) and it will not be the last one either....

Besides Bitcoin itself, ETH was the 2nd most profitable. Third was LTC.

I think it will be a while before another new coin reaches the Billion dollar market cap.

Its usually best to sell the GPUs, buy some ASICS, and buy back the GPUS like in a year or two when sometimes pops up.

not for me, i had more profit with coin with a lower market cap, it's all about when you get in on those coin, if you get early you make a kill streak, if you get later only peanuts will remain

i'ts just a gamble and heavy speculation

Im not referring to those ninja instamine and pump and dump scams which make your GPU profitable for like 12 hours.

I am referring to long term (3+ months). Between LTC and ETH, what other coin was profitable long term? None.

Amph

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Quote from: adaseb on April 26, 2016, 04:08:15 PM

Quote from: Amph on April 26, 2016, 01:22:40 PM

i'm not worried at all ethereum is just one of the many coin that will be and tthat were profitable, many other will come

it's not like ethereum was the first proftiable coin(not even the best one actually) and it will not be the last one either....

Besides Bitcoin itself, ETH was the 2nd most profitable. Third was LTC.

I think it will be a while before another new coin reaches the Billion dollar market cap.

Its usually best to sell the GPUs, buy some ASICS, and buy back the GPUS like in a year or two when sometimes pops up.

not for me, i had more profit with coin with a lower market cap, it's all about when you get in on those coin, if you get early you make a kill streak, if you get later only peanuts will remain

i'ts just a gamble and heavy speculation

adaseb

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Quote from: WarrEagle on April 26, 2016, 07:30:15 PM

I love Amazon, I built 6 rigs last month. all are 6 GPU's each, running R9 380's that cost me just under $200 a card. Like the OP said something else will come along in time. ETH is still profitable, I have 800+ MH/s and can SSH in and change the miner easily enough. Dual mining is catching on too. You can mine Decred and ETH concurrently. Question is should I build out the other 5 rigs I have custom frames for?

Right now probably not a good idea.

Only way you will make money is if ETH increases in value, but in this scenario you might as well buy the coin instead.

WarrEagle

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I love Amazon, I built 6 rigs last month. all are 6 GPU's each, running R9 380's that cost me just under $200 a card. Like the OP said something else will come along in time. ETH is still profitable, I have 800+ MH/s and can SSH in and change the miner easily enough. Dual mining is catching on too. You can mine Decred and ETH concurrently. Question is should I build out the other 5 rigs I have custom frames for?

umop-apisdn

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It's always interesting to hear what people plan to mine after ethereum. It seems like lots of neat coins to mine. Decred, expanse, spread...

philipma1957

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'The right to privacy matters'

Quote from: adaseb on April 26, 2016, 04:08:15 PM

Quote from: Amph on April 26, 2016, 01:22:40 PM

i'm not worried at all ethereum is just one of the many coin that will be and tthat were profitable, many other will come

it's not like ethereum was the first proftiable coin(not even the best one actually) and it will not be the last one either....

Besides Bitcoin itself, ETH was the 2nd most profitable. Third was LTC.

I think it will be a while before another new coin reaches the Billion dollar market cap.

Its usually best to sell the GPUs, buy some ASICS, and buy back the GPUS like in a year or two when sometimes pops up.

you could be correct as to selling the gpus.

time will tell what I do with these machines

adaseb

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Activity: 3738

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Quote from: Amph on April 26, 2016, 01:22:40 PM

i'm not worried at all ethereum is just one of the many coin that will be and tthat were profitable, many other will come

it's not like ethereum was the first proftiable coin(not even the best one actually) and it will not be the last one either....

Besides Bitcoin itself, ETH was the 2nd most profitable. Third was LTC.

I think it will be a while before another new coin reaches the Billion dollar market cap.

Its usually best to sell the GPUs, buy some ASICS, and buy back the GPUS like in a year or two when sometimes pops up.

philipma1957

legendary

Activity: 4116

Merit: 7849

'The right to privacy matters'

Quote from: Amph on April 26, 2016, 01:22:40 PM

i'm not worried at all ethereum is just one of the many coin that will be and tthat were profitable, many other will come

it's not like ethereum was the first proftiable coin(not even the best one actually) and it will not be the last one either....

the reason is pretty simple if you do smart builds you still have a pc.

long warranty on the gear.

you can turn it off if eth coin is bad and look for a new coin.

When I started back up I had 1 hd7970 and i mined at 0 start up cost.

If all gpu coins stop working I will set down the pc's until a new one comes along.

Meanwhile I now have 3 rigs using 4 r9 390's 1 r9 380 and that hd7970.

my cost was. 800 + 190 + 80 + 40 = 1110

I can do 160 mh

granted I got a card for free due to amazon screwing up the delivery. So my cost would be 1420 . I had a lot of parts on hand.

but I now have 3 high quality pc's. I have earned back quite a bit of the outlay.

So no complaints.

Amph

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i'm not worried at all ethereum is just one of the many coin that will be and that were profitable, many other will come

it's not like ethereum was the first proftiable coin(not even the best one actually) and it will not be the last one either....

philipma1957

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Activity: 4116

Merit: 7849

'The right to privacy matters'

Quote from: bathrobehero on April 26, 2016, 09:04:52 AM

Quote from: philipma1957 on April 26, 2016, 08:45:26 AM

Arrived at USPS Facility
Arrived at USPS Facility
Arrived at USPS Facility
Arrived at USPS Facility
Arrived at USPS Facility
Arrived at USPS Facility

nice gif. the box arrived an hour ago I will take a look at the gear in a bit of time.

bathrobehero

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ICO? Not even once.

Quote from: philipma1957 on April 26, 2016, 08:45:26 AM

Arrived at USPS Facility
Arrived at USPS Facility
Arrived at USPS Facility
Arrived at USPS Facility
Arrived at USPS Facility
Arrived at USPS Facility

philipma1957

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'The right to privacy matters'

Quote from: TheYankeesWin! on April 26, 2016, 08:53:20 AM

So your point is Eth mining gear i.e. GPU/PC gets built and sold by real sellers.

Yes that is my point.

My PC has two powercolor cards. R9 390

Cost would have been 628 but due to Amazon's error cost was 314. They will have a 3 year warranty.

I grabbed a windows 7 osx for 40 bucks.

I grabbed a new mobo for 80 bucks

I had all other parts.

SSD

CPU cooler

Case.

CPU.

So I now have a intel 3500k cpu

2 power color cards

a 500 gb ssd

in a case with this fan for intake and exhaust

http://www.amazon.com/Silverstone-Cooler-Computer-Cooling-FHP-141/dp/B00A460TK6?

on high setting I can run the 2 cards over clocked and the case stays cool.

TheYankeesWin!

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So your point is Eth mining gear i.e. GPU/PC gets built and sold by real sellers.

philipma1957

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'The right to privacy matters'

my order from amazon got a little lost

Here is what amazon did for me.

That is correct a free card

Topic: Here is why gpu mining is not dead and after ETH a coin will come to replace it. (Read 1064 times)