At your electricity prices most coins would still be slightly profitable. A lot of other people have much more expensive electricity.
With your 75 gpus, are you finding that your Nvidia or Amd is best value?
Topic: How many of you are GPU only miners? (Read 1430 times)
I have only couple GPU in my home PC - gtx970 and gtx970.
gtx970 old enough and I want to change it to something newer.
What is the most optimal GPU now in terms of price / performance (Nvidia)?
gtx970 old enough and I want to change it to something newer.
What is the most optimal GPU now in terms of price / performance (Nvidia)?
My GPUs paid themselves about 1.5 year ago. Now i have no power reserve that`s why it is a good time to upgrade my GPUs to 20xx. But they are still mining well and gives me not bad profit. If someone is saying that mining is unprofitable - he is newbie or lamer mostly.
indeed mining cryptocurrency using that much GPU can get a lot of profits but it must take a long time to get ROI, patience which is very important when mining and prices in exchange for falling can be a big threat to miners. How many of you are GPU only miners? I have 75 GPUS running for 2 years with 4.2 kwh electricity and the GPUS are consistent making money and paid the themselves off 18 months ago. I'm planning on slowly expanding but I don't see any reason to buy ASICs, the ASICs I've had have been 50/50 profitable. With GPUs they also have high resale value if you want to close up shop and liquidate everything.
Have always been a GPU minner and it serves me perfectly, a friend of mine thought he would advance by going for ASICs and funny enough he is back to GPU
I guess he was using another GPU to do another job like what you have been mentioned in your thread.
one here, if any gpu mining is meaningful it would be Polaris followed by underpriced VEGA 56/64 rest imo are not bad but less efficient specially latest VEGA/Nvidia FPGAs too but the ridiculous capital is not justified imo.
How many of you are GPU only miners? I have 75 GPUS running for 2 years with 4.2 kwh electricity and the GPUS are consistent making money and paid the themselves off 18 months ago. I'm planning on slowly expanding but I don't see any reason to buy ASICs, the ASICs I've had have been 50/50 profitable. With GPUs they also have high resale value if you want to close up shop and liquidate everything.
Have always been a GPU minner and it serves me perfectly, a friend of mine thought he would advance by going for ASICs and funny enough he is back to GPU
I guess he was using another GPU to do another job like what you have been mentioned in your thread.
Most of Altcoin miner use GPU like you too because we can mine many types of coin and when we can a new good project we can shift our computational power. ASIC, however, just let you mine on specific algo and sometime just stuck mining unprofitable.
My GPUs paid themselves about 1.5 year ago. Now i have no power reserve that`s why it is a good time to upgrade my GPUs to 20xx. But they are still mining well and gives me not bad profit. If someone is saying that mining is unprofitable - he is newbie or lamer mostly.
How much are you paying for electricity per kWh?
How many of you are GPU only miners? I have 75 GPUS running for 2 years with 4.2 kwh electricity and the GPUS are consistent making money and paid the themselves off 18 months ago. I'm planning on slowly expanding but I don't see any reason to buy ASICs, the ASICs I've had have been 50/50 profitable. With GPUs they also have high resale value if you want to close up shop and liquidate everything.
Have always been a GPU minner and it serves me perfectly, a friend of mine thought he would advance by going for ASICs and funny enough he is back to GPU
How many of you are GPU only miners? I have 75 GPUS running for 2 years with 4.2 kwh electricity and the GPUS are consistent making money and paid the themselves off 18 months ago. I'm planning on slowly expanding but I don't see any reason to buy ASICs, the ASICs I've had have been 50/50 profitable. With GPUs they also have high resale value if you want to close up shop and liquidate everything.
Have always been a GPU minner and it serves me perfectly, a friend of mine thought he would advance by going for ASICs and funny enough he is back to GPU
Me im only on gpu miners and this suit for me because im always on hunt of new coins that has potential 
Serious miners are paying nowhere near 10 cents, if your electricity is that expensive you shouldn't even be mining in the first place.
Is there a calculator where you can check at which electricity cost mining with a specific GPU can still be profitable?
I personally have been using GPU for a year plus and so far it has served it's purpose very perfectly infact I have never thought of changing it at all
I have a GPU miner since a year and half. I am not even consider ASIC because I could not sell it in case I would need to do it for some reason , while with GPUs it is different situation.
The truth is that both have their advantage and disadvantages.
Being using GPU only miners for long now and I think it's very nice and profitable.
My friend who used ASICs and still using told me it's better than GPU.
Probably because it's has proved to be okay for him.
So it all depends on what works well for one .
Yeah you are right ASIC is better than GPU but the problem of mining using ASIC it is very noisy compared to GPU mining and if you are living on 3rd world country with high electricity rate the profitability gives you lesser than GPU based on my own experienced that is why I stop mining with ASIC miner like D3 that never recover back my investment and I can't sleep all night because it's too noisy compared to GPU.Being using GPU only miners for long now and I think it's very nice and profitable.
My friend who used ASICs and still using told me it's better than GPU.
Probably because it's has proved to be okay for him.
So it all depends on what works well for one .
I heard that there is ASIC with low noisy but the problem it's too expensive to invest maybe someday If I heard a good amount I buy ASIC which is low noise and profitable.
How many of you are GPU only miners? I have 75 GPUS running for 2 years with 4.2 kwh electricity and the GPUS are consistent making money and paid the themselves off 18 months ago. I'm planning on slowly expanding but I don't see any reason to buy ASICs, the ASICs I've had have been 50/50 profitable. With GPUs they also have high resale value if you want to close up shop and liquidate everything.
20 4x to 8x GPU rigs. 2 ASICs.
The ASICs are no fun at all....they just run. I wont be buying any more of them. The GPU rigs though, there's always something going wrong with one of them that I have to diagnose & fix...generally speaking, 19 are running and one is on the bench at all times. I'm building more of those.
The truth is that both have their advantage and disadvantages.
Being using GPU only miners for long now and I think it's very nice and profitable.
My friend who used ASICs and still using told me it's better than GPU.
Probably because it's has proved to be okay for him.
So it all depends on what works well for one .
Being using GPU only miners for long now and I think it's very nice and profitable.
My friend who used ASICs and still using told me it's better than GPU.
Probably because it's has proved to be okay for him.
So it all depends on what works well for one .
Although I think there are pros and cons on both sides, I totally agree with you! I'm a GPU only guy and not thinking about changing...
GPUs have 2 years warranty and usually work for a lot longer than that, or have high resale value after the warranrty period...
ASICs have a very short warranty period (6 months I think?) and from the reports I've seen they usually die after a relative short working period... besides, they are hard to get and expensive to bring (from China)
GPUs have 2 years warranty and usually work for a lot longer than that, or have high resale value after the warranrty period...
ASICs have a very short warranty period (6 months I think?) and from the reports I've seen they usually die after a relative short working period... besides, they are hard to get and expensive to bring (from China)
I am a Gpu miner only as I like being able to change and try different coinsand not be limited to only a few coins by mining with Asic devices.
My electricity permit me to win 25 dollars monthly for a rig and I have about 4 now which I keep on and love seeing my balance grow daily, I pay electricity from my daily job and hope that bitcoin price will go up soon.
My electricity permit me to win 25 dollars monthly for a rig and I have about 4 now which I keep on and love seeing my balance grow daily, I pay electricity from my daily job and hope that bitcoin price will go up soon.
Me too i am only Gpu miner but i have to give up electricity it cost more than mining! Make no sense to me anymore i have to change way of mining!
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