Looking for advice on gpu farm | Bitcointalksearch.org

Equate

hero member

Activity: 770

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Quote from: seedtrue on August 17, 2014, 01:14:09 PM

GPU mining can still be profitable if you do it right. I keep my rigs powered off 90% of the time. I turn them on and mine new coins when they are launched.

Yes , that can be done also but very few good coins are released these days and chances of finding such coins is also a matter of luck.

cisahasa

legendary

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monero, maybe

MajidBC

full member

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KryptKoin is one of the best!!!

Quote from: seedtrue on August 17, 2014, 01:14:09 PM

GPU mining can still be profitable if you do it right. I keep my rigs powered off 90% of the time. I turn them on and mine new coins when they are launched.

I haven't seen any profitable coins since a few days ago. Most of the new coins turned out to be scams or their exchange price are too low. Can you mention any new profitable coin?

seedtrue

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GPU mining can still be profitable if you do it right. I keep my rigs powered off 90% of the time. I turn them on and mine new coins when they are launched.

MajidBC

full member

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KryptKoin is one of the best!!!

Quote from: ChekaZ on August 16, 2014, 04:36:21 PM

New Algorithm is already out which is asic resistant for at least 1-2 years. #NeoScrypt

Developed by #FTC and #PXC will be adopted by #ORB and #UFO more to come

PXC is already live with #NeoScrypt but GPUminers is still in the works.

Keep your GPUs.

I haven't heard anything about NeoScrypt yet (except reb0rn21's post). Do others recommend it?

ChekaZ

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Quote from: reb0rn21 on August 16, 2014, 10:21:16 PM

Quote from: ChekaZ on August 16, 2014, 04:36:21 PM

New Algorithm is already out which is asic resistant for at least 1-2 years. #NeoScrypt

Developed by #FTC and #PXC will be adopted by #ORB and #UFO more to come

PXC is already live with #NeoScrypt but GPUminers is still in the works.

Keep your GPUs.

and who gona pay for forked, centralised clone worthless FTC?

Funny you

ajareselde

legendary

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Satoshi is rolling in his grave. #bitcoin

Quote from: Equate on August 17, 2014, 08:58:13 AM

I have sold most of my GPUs and don't see any reason to invest in GPU farm , so do your market reasearch before investing money as ROI margin is very low.

I am on the edge selling my own rigs also, but what allways stops me is the fact that i almost did that in november last year.

Deciding not to sell turned out to be one of the best decisions ever.
Guess we will see in a few months how it will turn out.

@OP i would advise you not to invest, atleast until we see if the prices will continue to go down.

Equate

hero member

Activity: 770

Merit: 500

I have sold most of my GPUs and don't see any reason to invest in GPU farm , so do your market reasearch before investing money as ROI margin is very low.

atlosas

sr. member

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Thnx for replies

reb0rn21

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Quote from: ChekaZ on August 16, 2014, 04:36:21 PM

New Algorithm is already out which is asic resistant for at least 1-2 years. #NeoScrypt

Developed by #FTC and #PXC will be adopted by #ORB and #UFO more to come

PXC is already live with #NeoScrypt but GPUminers is still in the works.

Keep your GPUs.

and who gona pay for forked, centralised clone worthless FTC?

ChekaZ

legendary

Activity: 1884

Merit: 1005

New Algorithm is already out which is asic resistant for at least 1-2 years. #NeoScrypt

Developed by #FTC and #PXC will be adopted by #ORB and #UFO more to come

PXC is already live with #NeoScrypt but GPUminers is still in the works.

Keep your GPUs.

Wexlike

legendary

Activity: 1473

Merit: 1086

Monero is still pretty profitable "IF" you have cheap electricity - otherwise you pay more for electricity than you earn. Everything else is pretty much not profitable. I have no idea how some coins get their hashpower from, when you see how incredible unprofitable they are.

But i would advice you not to invest in a GPU farm. At least wait till the new gpu generation is released in a month. The new Maxwell GPUs might be really fast and electricity efficient.

My advice is: Wait till the new generation gets released. Buy ~2 good and fast cards and make yourself a nice gaming pc with a good 4core+hyperthreading cpu.(Broadwell release also at the end of this year/beginning of next year with 16 nm manufactoring process)

Monero is also a great cpu mining coin if you have a good cpu.

With this gaming rig you have a nice base for future games and you can mine at the same time. Buying GPU's just for mining is just really not worth it, i think you will never see ROI - unless bitcoin price explodes in the near future.

Personally, i am selling my last few GPUs and i am buying bitcoins/monero with the money.

papilovesyou

newbie

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i think gpu mining is kinda dead now.. just wait for new software to come out and mining with gpu will become profitable again.. and a lot of the coins are taking a big nose dive in prices.. i wouldn't recommend at this point in time!

Coin_Promo_Group

newbie

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If you have free electricity that might be a good option, otherwise not.

petersiddle98

sr. member

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Quote from: atlosas on August 15, 2014, 07:52:11 AM

Hello, i am thinking of setting a gpu farm for scrypt-n or x11 or any other coins. Is it still profitable? Which would u recommend?

Most gpu farm right now regretted investing into GPU farm, if you have a choice please reconsider. Calculate the difficulty increment, calculate your electricity and you will know that it is a really bad choice...

notlist3d

legendary

Activity: 1456

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Advice do some serious ROI calculations including electricity and heat removal. With GPU's sadly it is dead for most on mining. I moved on to asics i can do them profitably but GPU's are hard to profit now days if not impossible for most.

jox

hero member

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Quote from: MajidBC on August 15, 2014, 08:09:47 AM

The only thing I can say is that I want to sell some of my GPUs, just waste of electricity, but keep some of them, maybe it become profitable in the future.

+1

MajidBC

full member

Activity: 182

Merit: 100

KryptKoin is one of the best!!!

The only thing I can say is that I want to sell some of my GPUs, just waste of electricity, but keep some of them, maybe it become profitable in the future.

atlosas

sr. member

Activity: 248

Merit: 251

Hello, i am thinking of setting a gpu farm for scrypt-n or x11 or any other coins. Is it still profitable? Which would u recommend?

Topic: Looking for advice on gpu farm (Read 1344 times)