Is GPU hobby-mining dead? - page 2. | Bitcointalksearch.org

LightningBlade

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Quote from: grosminer on June 10, 2014, 08:14:10 AM

Quote from: LightningBlade on June 10, 2014, 03:38:53 AM

I used www.coinking.io for my x13 multipool and it is still very profitable to me.

It was profitable only on 2014-06-09 with 0.00268 BTC/MH ..
We don't know how it'll be tomorrow

Its 0.00510274 btc/mhs for x13 right now, which is still profitable for me as x13 uses less electricity and the latest sgminer boost the speed by 50%.

grosminer

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Activity: 718

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Quote from: LightningBlade on June 10, 2014, 03:38:53 AM

I used www.coinking.io for my x13 multipool and it is still very profitable to me.

It was profitable only on 2014-06-09 with 0.00268 BTC/MH ..
We don't know how it'll be tomorrow

tarzanbigcity

sr. member

Activity: 602

Merit: 250

I don't think its dead yet. Probably not for a good while. Personally I pay my mortgage every month with crypto mining. I however like to hedge my bets. I own diversified mining rigs. A rig of r9 270's, a 750 ti rig, r9 290 rig, and 2 blade gridseeds. This allows me to jump on most coins and gives me the opportunity to diversify what I am able to mine. I also use profit switching pools and occasionally will mine on new launches. Never put all your eggs in one basket. You never know whats going to be hot next week. It also helps that where I live on the east coast that power is only .08 kwatt/hr. So my bill is not terrible.

sandpaper

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Activity: 373

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Quote from: LightningBlade on June 10, 2014, 03:38:53 AM

I used www.coinking.io for my x13 multipool and it is still very profitable to me.

Is this all you talk about? Promoting coinking.io? I used it yesterday, didn't like it one bit.

LightningBlade

sr. member

Activity: 259

Merit: 250

I used www.coinking.io for my x13 multipool and it is still very profitable to me.

mbilker

newbie

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Merit: 0

Scrypt is the least profitable due to all of the asics. Scrypt variants (Scrypt-N, scrypt-jane), X11, X13, and any other non-ASIC implemented algorithms are still profitable by usage of GPUs.

ANJULE

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Yeah, people should look the bigger picture and for the long run.

atp1916

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GPU-mining definitely isn't dead if you've got a bunch of Nvidia Maxwells. Power/hash ratio is insane.

ANJULE

member

Activity: 61

Merit: 10

I think people should focus more about GPU's power efficiency/khash.
Better to have multiple GPU's that use less power and produce relatively more kh/s, than have
less GPU's an more kh/s with multiple times more power-consumption.

grosminer

hero member

Activity: 718

Merit: 500

I say GPU mining is dead.. almost..

Profitability going down every day, the only way you can still make money is to get lucky with a few alts.. but it's a guess and you're gonna have to research and find another coin a few days later because they aren't profitable for more than a few days

Amph

legendary

Activity: 3248

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Quote from: BitcoinAddicts on June 09, 2014, 04:45:24 AM

Quote from: jimlite on June 08, 2014, 11:27:17 PM

Every time I think GPU mining is over, a week later it is not.
After LTC got to hard to mine, Maxcoin came, and then Vert coin.
Then X11, and now X13. I would much rather have a versitile
gpu rig that can mine any of these coins and any that come
in the future, and not an ASIC paperweight. But yeah, the
big money to be made is gone, the hobby no way.

The problem is almost every algo can be FPGA pretty fast, so sooner or later someone come out with a FPGA close to GPU and mine any coin they want and doom...

not every fpga are retro compatible, some guy said you can't mine x11 with fpga programmed with sha256, this make it not that easy as you think

BitcoinAddicts

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Quote from: jimlite on June 08, 2014, 11:27:17 PM

Every time I think GPU mining is over, a week later it is not.
After LTC got to hard to mine, Maxcoin came, and then Vert coin.
Then X11, and now X13. I would much rather have a versitile
gpu rig that can mine any of these coins and any that come
in the future, and not an ASIC paperweight. But yeah, the
big money to be made is gone, the hobby no way.

The problem is almost every algo can be FPGA pretty fast, so sooner or later someone come out with a FPGA close to GPU and mine any coin they want and doom...

jimlite

legendary

Activity: 1848

Merit: 1018

Every time I think GPU mining is over, a week later it is not.
After LTC got to hard to mine, Maxcoin came, and then Vert coin.
Then X11, and now X13. I would much rather have a versitile
gpu rig that can mine any of these coins and any that come
in the future, and not an ASIC paperweight. But yeah, the
big money to be made is gone, the hobby no way.

jbass350z

newbie

Activity: 24

Merit: 0

I have been thinking about this a lot lately. I was late to the game but invested in 10mh/s rig setup in January. I have not made ROI and probably never will. There is movement to make GPU only coins, but lets be honest, if crypto currency is ever to go "mainstream", it cannot be supported by grassroots GPU mining. Special hardware will always win in this case.

beegatewood

sr. member

Activity: 297

Merit: 250

Quote from: ajareselde on June 08, 2014, 03:03:07 PM

U can stil make a buck mining x11 and x13, maybe even with blake256 if it spreads around..
just mine new coins , and try to find a coin that will for some reason be tanked,
this way even mining that is rated low, will in few days turn to much more.
Follow fud / hype , and with a little luck, you can still make a nice buck.

23mh x11 gets me around 15 - 20 $ a day, nothing to be proud about, but its better than nothing

cheers

Did you factor in other charges like cooling and electricity?

JasonSW

full member

Activity: 186

Merit: 100

GPU can mine X11 too, right?

SirChiko

legendary

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I don't think it's dead for altcoins, you can profit on most of them still kind of nice but for bitcoin and litecoin that hobby is dead for sure even thought it was really nice one and i liked it.

Amph

legendary

Activity: 3248

Merit: 1070

$20 per days is great with just 23Mh/s, you are using the strategy to mine ignored coin that then become big, right?

it worked with machinecoin, romcoin, boostcoin and others for me, it's a good strategy when you can't instamine

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

U can stil make a buck mining x11 and x13, maybe even with blake256 if it spreads around..
just mine new coins , and try to find a coin that will for some reason be tanked,
this way even mining that is rated low, will in few days turn to much more.
Follow fud / hype , and with a little luck, you can still make a nice buck.

23mh x11 gets me around 15 - 20 $ a day, nothing to be proud about, but its better than nothing

cheers

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: LeetPoolsOP on June 08, 2014, 01:48:35 PM

Hmm thats strange, my 8 GPUs are still making me 20+ a day hitting x13 and x11 algos... I hope your learning experience isnt over.

20+ a day of what?

Topic: Is GPU hobby-mining dead? - page 2. (Read 8481 times)