Mining Profitability ASIC vs GPU | Bitcointalksearch.org

markiz73

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Quote from: Mohondoa on June 18, 2018, 08:50:12 PM

I believe that ASIC mining is more profitable than GPU for now. But if most of the coins become ASIC resistance at the end , where we will sell the ASIC we have used ? which we know that ASIC price is expensive, so i think at the end GPU more profitable, stay waiting time.

Let's go back to the beginning of creating a crypto currency. The main principle was the decentralization of the system. Ie every person could support the network on his computer and get a reward for it. The creation of the asics killed all the principles of decentralization. Now the market is owned by 5-10 largest companies.

Now about the GPU. All the mining of the GPU is still developing thanks to the Ethereum. ETH is mining 10 to 12 million video cards (roughly). If the reward for the block falls to 0.6 ETH for the miners and the asics are released to the market, this will completely kill the GPU mining. Miners will go on other algorithms and profit will reduce to the 0.

Therefore, asics is a threat number 2 for the GPU of mining, the threat number 1 is the transition of ETH to the POS mining

Mohondoa

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I believe that ASIC mining is more profitable than GPU for now. But if most of the coins become ASIC resistance at the end , where we will sell the ASIC we have used ? which we know that ASIC price is expensive, so i think at the end GPU more profitable, stay waiting time.

ciciteng

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Well it's really depend on the current difficulty.
Having ASIC not really guarantee your profitability. The facts are; your ASIC batches will really increase the difficulty.
So, there are misconception calculator for new miner somehow.
Having GPU also at risk now days. The high profit for GPU also already long gone.

markiz73

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At the current cost of bitcoin and the complexity of mining, many companies will leave the market. I have contracts in cloud-mining services, where nothing is paid, somewhere a profit of $ 0.1 from 1 Tx per day

but we expect another halving of the award for the block in 2020, then another one in 4 years. The price should grow, otherwise large companies will start serious problems.

tonyosa

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Mining difficulty for bitcoin has increased with about 15 percent is last two weeks and bitcoin price has plunged.It makes bitcoin mining currently unattractive even with ASIC miners.It seem to be better to buy from the market

markiz73

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Quote from: ?? on ??

Quote from: markiz73 on June 08, 2018, 12:47:39 PM

Asic is a piece of iron. It is expensive, on the secondary market is not in demand. As a rule, it's very dinny and consumes electricity. The profit falls very quickly, only those customers who will receive the first are the winners + problems with the guarantee.

The GPU has fewer problems and can be sold in the secondary market

The GPU is toast after a year of mining and NOBODY WILL WANT IT.

Gonna be a flood of used miner cards on ebay - people will soon learn they aren't worth shit for reliability! Any hardcore PC gamer knows gfx cards have a usage life depending on how hard you push em much like a car! cars with high miles = worth jack shit.

With gfx tech increasing rapidly right now fueld by crypto, you can bet that 1080/vega or whatever will be worth $60 in a year (+ shipping and ebay/paypal fees) so the resale price point doesn;t mean much.

I'd much rather have twice the production per unit of time/energy/$$ because lets be honet right now its about who can most the most the fastest speculating on a future price increase and known diffcullty scaling.

TLDR:

The asic miners blow gfx cards out of the water no doubt about it.

And this news of secret asic miners taking HUGE chunks of monero, zcash, etc, WTF?? crypto for the hobby gfx card miner is dead most just don't realize it (which fuels the at home gfx card hobby miner market).

Dear friend. In any business, you need to make investments in time and get out in time

I was very lucky, I invested at the right time. I'm against buying a video card on ebay or other international stores. Video cards purchased in the stores of the home city have a 3-year warranty (you can make 5 for a fee) and they are perfectly sold in the secondary market. 10% of my video cards were put under warranty because of breakdowns. There were no problems. The funny thing is that according to Russian laws the seller is obliged to issue a substitution for the period of repair of the video card. And while the seller was solving warranty issues, I mined on his video cards

electronicash

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Quote from: ?? on ??

Quote from: markiz73 on June 08, 2018, 12:47:39 PM

Asic is a piece of iron. It is expensive, on the secondary market is not in demand. As a rule, it's very dinny and consumes electricity. The profit falls very quickly, only those customers who will receive the first are the winners + problems with the guarantee.

The GPU has fewer problems and can be sold in the secondary market

The GPU is toast after a year of mining and NOBODY WILL WANT IT.

Gonna be a flood of used miner cards on ebay - people will soon learn they aren't worth shit for reliability! Any hardcore PC gamer knows gfx cards have a usage life depending on how hard you push em much like a car! cars with high miles = worth jack shit.

With gfx tech increasing rapidly right now fueld by crypto, you can bet that 1080/vega or whatever will be worth $60 in a year (+ shipping and ebay/paypal fees) so the resale price point doesn;t mean much.

I'd much rather have twice the production per unit of time/energy/$$ because lets be honet right now its about who can most the most the fastest speculating on a future price increase and known diffcullty scaling.

TLDR:

The asic miners blow gfx cards out of the water no doubt about it.

And this news of secret asic miners taking HUGE chunks of monero, zcash, etc, WTF?? crypto for the hobby gfx card miner is dead most just don't realize it (which fuels the at home gfx card hobby miner market).

it would take more than 2 years before the GPU can be burnt depending on how you use it. overclocking is going to toast it quicker. 2 years i think can get you to earn enough to buy more GPU to continue the business. i however quit mining after trying in less than a month because it seem not profitable in my area due to watt rate.

jmigdlc99

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Quote from: mrstark89 on June 18, 2018, 05:20:36 AM

You calculate ROI when you make order. But when your ASIC arrives, difficulty will be much more higher (some coin got x5 and x10)

This is an important consideration that many people easily miss out when buying and computing ROI for ASICs. Most surely difficulty will rise sharply after the first few weeks of promised delivery and that means a steep decline of profits following that.

Buying ASICs is a big risk, even if you get to buy from the first batch of it's sale.

mrstark89

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Well, difficulty of ASIC-friendly coins grow very fast. You calculate ROI when you make order. But when your ASIC arrives, difficulty will be much more higher (some coin got x5 and x10)

DevelopmentBank

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Quote from: marthor on June 17, 2018, 03:29:43 AM

Ultimately, the only people who benefit from ASIC mining are the manufacturers of ASICs. They are effectively taking a big chunk out of the zero-sum game of cryptocurrency mining and giving nothing in return.

ASIC manufacturers and their close accomplices who are able to buy bulk amounts of these at discounted prices. Everything is so much more profitable when things are done at scale. The beauty of mining is that time to 100% ROI is the same whether you invest on 1 GPU / ASIC or 1,000,000 GPUs / ASICs.

Imagine how happy those early miners who invested in 100+ GPU rigs are.

smartcrypto

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Quote from: FFI2013 on June 17, 2018, 08:59:32 AM

I guess nobody take difficulty into account take a look at what the A3 makes or D3 now this is what is going to happen when all these asics go online the profit your calculating is now with zero online once everyone gets their miners what do you thinks is going to happen being a miner you should know whats going to happen difficulty sky rockets profits crash and you can't even switch to a new algo so everyone who buys these think the money sounds good now but you'll be crying later

Just newbies getting scammed by greedy companies who sell thousands? of these ASICs and then the coins price crash as a result, and resulting in bitter miners and bagholders. The cycle repeats itself again with every new algo. Stick to GPU mining and it will always be worth something, you can easily later on sell your GPUs and then upgrade to newer class of GPUs.(although GPUs are now being sold at a premium).

FFI2013

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I guess nobody take difficulty into account take a look at what the A3 makes or D3 now this is what is going to happen when all these asics go online the profit your calculating is now with zero online once everyone gets their miners what do you thinks is going to happen being a miner you should know whats going to happen difficulty sky rockets profits crash and you can't even switch to a new algo so everyone who buys these think the money sounds good now but you'll be crying later

leowonderful

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Quote from: shibob on June 15, 2018, 08:36:43 AM

Look at the ROI for Bitmain Antminer z9 mini, just 28 days, and of course the difficulty level will be like double very soon. So basically I think all of gtx GPUs which are mining equihash coins will move to mine other algorithm soon. This's something really bad for GPU mining community.

That ROI (break even period) you listed is soon going to be completely irrelevant as more Zcash ASICs come out and another D3 situation happens on the chain. Buying an ASIC on a previously GPU-mined chain is always going to be a gamble, even if you buy in first batch. Besides that, Equihash hasn't been the most profitable algo to mine with GTX GPUs for a while now- Lyra2 and even ETH have been more profitable due to difficulty and ASICs on ZEC.

marthor

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GPU mining is much more profitable.

A 1080 Ti makes more than an Antminer S9, D3, or L3 despite consuming a fraction of the power and producing none of the heat and noise. It also has kept almost 100% of its resale value, while the ASICs have lost almost all of theirs.

Ultimately, the only people who benefit from ASIC mining are the manufacturers of ASICs. They are effectively taking a big chunk out of the zero-sum game of cryptocurrency mining and giving nothing in return.

smartcrypto

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ROI doesn't mean anything if your ASIC device soon becomes redundant. Most likely then you're not able to sell the device nor use it for any purposes. I am going to stick with GPUs. For me they've always made a profit. Although I have never bought ASIC. I don't think I ever will.

gotminer

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Quote from: shibob on June 15, 2018, 08:36:43 AM

Look at the ROI for Bitmain Antminer z9 mini, just 28 days, and of course the difficulty level will be like double very soon. So basically I think all of gtx GPUs which are mining equihash coins will move to mine other algorithm soon. This's something really bad for GPU mining community.

Most realists believe that eth going POS will cause a MUCH MUCH MUCH bigger issue in GPU mining than equihash asics. If the percentages are correct, that is who I would agree with.

Edited to add ... I've never purchased an asic. There may be a time that I convert my farm ... Maybe a gpu, asic, fpga combo ... Who knows ... However ... I will never purchase an asic from bitmain.

shibob

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Look at the ROI for Bitmain Antminer z9 mini, just 28 days, and of course the difficulty level will be like double very soon. So basically I think all of gtx GPUs which are mining equihash coins will move to mine other algorithm soon. This's something really bad for GPU mining community.

realaccountakira

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Quote from: Tristan1337 on June 15, 2018, 12:51:47 AM

Quote from: jmigdlc99 on June 15, 2018, 12:43:39 AM

Quote from: Tristan1337 on June 15, 2018, 12:35:05 AM

When we are talking about ROI - ASICs vs GPUs, it's usually the case that ASICs will ROI faster than GPUs, which is great.
But the thing that is almost even more important is, how much time do you profit from mining after you ROI!?

This is the problem you never hear anyone talking about. After you spend all those big bucks on those ASICs and you reach ROI, how much profit do you get after, and for how long!? Not very long, right?

As far as i understand, the "post-profit" you are referring to is almost always directly correlated to ROI. Just did some tissue math but if the logic is that if you get ROI faster, then you also have more capital and opportunity to invest more profitable or more efficient hardware.

Feel free to correct me with real numbers and data.

I understand what you're saying. Basically the same thing goes for GPUs. The only difference is that usually ASIC profitability falls fast after the ROI window has past. So if you get your ASICs early on during the first shipment, then ROI, profit a bit, then sell them, that could work.

This is not needed for GPUs though. So you could safely reinvest your profit into more GPUs and profit more in the future without the fear that your profit will fall to just a few cents a day.

Good point with ASICs. It is very true that history has shown ASIC profitability goes into a parabolic decline after it reaches ROI. The thing is, history is not always a good measure of future performance. It could have been that the times back then were the wild west and ASIC development has now gone into a more mature phase where devs coordinate with hardware manufacturers in a way that they collude for maximum profit.

Angkoolart10

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This information give us a good additional income regarding ASIC and GPU. I talked to a person who Mine using GPU that on there experience about this business is its a long term run for them almost a few months before they get profit, and the good news is they got double profit in there mining.

Tristan1337

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Quote from: jmigdlc99 on June 15, 2018, 12:43:39 AM

Quote from: Tristan1337 on June 15, 2018, 12:35:05 AM

When we are talking about ROI - ASICs vs GPUs, it's usually the case that ASICs will ROI faster than GPUs, which is great.
But the thing that is almost even more important is, how much time do you profit from mining after you ROI!?

This is the problem you never hear anyone talking about. After you spend all those big bucks on those ASICs and you reach ROI, how much profit do you get after, and for how long!? Not very long, right?

As far as i understand, the "post-profit" you are referring to is almost always directly correlated to ROI. Just did some tissue math but if the logic is that if you get ROI faster, then you also have more capital and opportunity to invest more profitable or more efficient hardware.

Feel free to correct me with real numbers and data.

I understand what you're saying. Basically the same thing goes for GPUs. The only difference is that usually ASIC profitability falls fast after the ROI window has past. So if you get your ASICs early on during the first shipment, then ROI, profit a bit, then sell them, that could work.

This is not needed for GPUs though. So you could safely reinvest your profit into more GPUs and profit more in the future without the fear that your profit will fall to just a few cents a day.

jmigdlc99

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Quote from: Tristan1337 on June 15, 2018, 12:35:05 AM

When we are talking about ROI - ASICs vs GPUs, it's usually the case that ASICs will ROI faster than GPUs, which is great.
But the thing that is almost even more important is, how much time do you profit from mining after you ROI!?

This is the problem you never hear anyone talking about. After you spend all those big bucks on those ASICs and you reach ROI, how much profit do you get after, and for how long!? Not very long, right?

As far as i understand, the "post-profit" you are referring to is almost always directly correlated to ROI. Just did some tissue math but if the logic is that if you get ROI faster, then you also have more capital and opportunity to invest more profitable or more efficient hardware.

Feel free to correct me with real numbers and data.

Tristan1337

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I notice that people are always talking about ROI. Obviously ROI is a very important thing, but i also think when it comes to mining people tend to focus too much on this.

When we are talking about ROI - ASICs vs GPUs, it's usually the case that ASICs will ROI faster than GPUs, which is great.
But the thing that is almost even more important is, how much time do you profit from mining after you ROI!?

This is the problem you never hear anyone talking about. After you spend all those big bucks on those ASICs and you reach ROI, how much profit do you get after, and for how long!? Not very long, right?

I know some people are still mining with 7970 GPUs that have long since reached ROI, which were released in 2012, and are still profiting today.

So the real question is - which devices profit the most over the whole life cycle of the device, ASIC or GPU. That is the question we should be asking. Not just, how long to ROI. Wink

Just my two cents. Grin

jings007

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Quote from: shield132 on June 14, 2018, 06:11:48 PM

Great thread, cleaely shows current statistics.
In any way, asic is more profitable but it always depends on many things. Asics can be damaged easily and also it takes a lot of time to sent back to bitmain or their manufacturers, otherwise you have to pay locally in order to get your miner fixed. Gpus work for years pretty well and you are even able to sell them.
In this thread I would say: the more you risk, the more or less profit you get. But the less you risk, the less profit you'll get in any way.
And when did they created miner for z9? oh Bitmain, shit!

Thank you for dropping me a merit sir, There's no any exact date when they created the antminer, but Bitmain has released its all-new product ASIC Antminer Z9 mini, on May 3,2018, which is to mine Equihash-based cryptocurrencies.

yasarefe02

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Well, but not everybody have the same electricity cost as you. And also The coins you're mining with ASICs may fork to implement ASIC resistance and you may end up in having a big loss as ASICs don't come cheap.

shield132

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Great thread, cleaely shows current statistics.
In any way, asic is more profitable but it always depends on many things. Asics can be damaged easily and also it takes a lot of time to sent back to bitmain or their manufacturers, otherwise you have to pay locally in order to get your miner fixed. Gpus work for years pretty well and you are even able to sell them.
In this thread I would say: the more you risk, the more or less profit you get. But the less you risk, the less profit you'll get in any way.
And when did they created miner for z9? oh Bitmain, shit!

bellicose

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Yes, amd vega looks very more nicely than others on payback, however these numbers also inexact and many factors influence it, such as increase of complexity of a mining of coins and interruptions in power supply or at all failure of the video card.

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Quote from: Lampaster on June 14, 2018, 08:18:44 AM

Quote from: markiz73 on June 08, 2018, 12:47:39 PM

Asic is a piece of iron. It is expensive, on the secondary market is not in demand. As a rule, it's very dinny and consumes electricity. The profit falls very quickly, only those customers who will receive the first are the winners + problems with the guarantee.

The GPU has fewer problems and can be sold in the secondary market

I agree with you but asics dramatically increase the complexity of the network and make mining GPU unprofitable. You have no choice. I do not agree that all who buy asics in the first batch have time to return their money. I do not believe that anyone will return their $ 10,000 invested in asic even with a capacity of 50 Ksol

I agree, no one will be able to get their ROI. Current profits are not reflect real difficulty in just few weeks later. The people making money is the manufacturers.

Lampaster

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Quote from: markiz73 on June 08, 2018, 12:47:39 PM

Asic is a piece of iron. It is expensive, on the secondary market is not in demand. As a rule, it's very dinny and consumes electricity. The profit falls very quickly, only those customers who will receive the first are the winners + problems with the guarantee.

The GPU has fewer problems and can be sold in the secondary market

I agree with you but asics dramatically increase the complexity of the network and make mining GPU unprofitable. You have no choice. I do not agree that all who buy asics in the first batch have time to return their money. I do not believe that anyone will return their $ 10,000 invested in asic even with a capacity of 50 Ksol

HeroSam911

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Another point to consider is that you can easily re-sell used GPUs after some time while re-selling ASICs may be harder.
It would be interesting which algorithm you're comparing as GPUs differ in the most profitable algorithm

bitblasta

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Quote from: leowonderful on June 14, 2018, 03:35:40 AM

ASICs are definitely made to be run in industrial environments like wharehouses on 240/220V circuits, but that doesn't mean you can't use them at home with structures to reduce noise and proper ventilation, such as with box fans in a garage and possibly ducting in a basement. I personally run S9s in my basement and garage, and they're not loud at all so as long as you're not in the same room with them. Saying that it's difficult to live with ASICs in an average house is a hyperbole (with proper placement of a machine you may not even need anything to keep noise and heat under control) but I do agree that they're not for the average Joe (though arguably, neither is GPU mining in certain instances), and ASICs do result in centralization of hash (e.g Bitmain wih BTC).

how do ASIC centralize the hash more than GPU farms? now that bitcoin ASIC are common and everyone has them.

leowonderful

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ASICs are definitely made to be run in industrial environments like wharehouses on 240/220V circuits, but that doesn't mean you can't use them at home with structures to reduce noise and proper ventilation, such as with box fans in a garage and possibly ducting in a basement. I personally run S9s in my basement and garage, and they're not loud at all so as long as you're not in the same room with them. Saying that it's difficult to live with ASICs in an average house is a hyperbole (with proper placement of a machine you may not even need anything to keep noise and heat under control) but I do agree that they're not for the average Joe (though arguably, neither is GPU mining in certain instances), and ASICs do result in centralization of hash (e.g Bitmain wih BTC).

jmigdlc99

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Quote from: astrong on June 14, 2018, 12:18:37 AM

Well, so an ASIC is the future of mining cryptocurrency right? I guess many developers fear that ASICs will lead to the centralization of their cryptocurrencies and undermine their biggest selling point: security. If ASICs make mining inaccessible to most people while concentrating computing power in the hands of a few large mining operations, this arguably makes networks more vulnerable to manipulation or censorship by governments or the companies that own the most ASICs.

I like the way you think and i completely agree that ASICS "undermine their biggest selling point: security."

People will try to tell you that ASICs are not centralized because anyone can buy it isn't thinking logically. ASICs are not built for home used and should only be run in warehouse/factory style environments. You really can't live in a regular house with a machine generating heat and making 70+ dB noise 24/7. ASIC mining is not for everyone and there for is centralized. Do we want coins to be centralized? No.

astrong

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Well, so an ASIC is the future of mining cryptocurrency right? I guess many developers fear that ASICs will lead to the centralization of their cryptocurrencies and undermine their biggest selling point: security. If ASICs make mining inaccessible to most people while concentrating computing power in the hands of a few large mining operations, this arguably makes networks more vulnerable to manipulation or censorship by governments or the companies that own the most ASICs.

gotminer

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Quote from: adaseb on June 10, 2018, 04:27:47 AM

Quote from: ruthbabe on June 10, 2018, 02:08:13 AM

Very interesting indeed. This Bitmain Antminer Z9 Mini is new to me and upon checking it's designed to mine BitcoinGold and I think it's ok as the price is very affordable and the ROI is easy to achieve with the daily profit of $31.22 per day. What do you think guys?

Did you read the entire thread?

Yes currently it would make that much however there are potential talks of some coins forking to different algos like Bitcoin Gold.

There is also another issue where there is a huge supply of these miners and once they start shipping in a few weeks the difficulty will skyrocket.

So its more or less what happened with the Litecoin and the Dash ASIC miners.

LOL >>> I would never buy from a company that tells you what the profitability is. Those are Z9's anyway ... Bitmain product. I wouldn't buy from them, but if I were going to buy one, I certainly wouldn't buy one from a scammy reseller Grin

gotminer

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Quote from: TheGamblerJoe on June 09, 2018, 03:07:32 PM

Price of electricity in my country kills mining

. So bad.

Nice post to have some idea about it.

Well you should be learning ta, understanding how fa plays into it, buying btc without going all in, and FORGET about mining. Do your own research and make your own judgments. Learn enough that you can make your own plan. Whatever the hell you do, don't start mining, if you can't afford to hold on for the long term.

Cuem

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Thought I was lucky at 0.08 but 0.03 is a new low cost electricity record

darkneorus

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Quote from: Geraldo on June 08, 2018, 11:14:29 AM

Quote from: PRC_May on June 08, 2018, 10:40:22 AM

but the electricity cost in my country is low about 0.08-0.09

so my profit maybe is more than other country

personaly i remind GPUS

The Middle East?

With that electricity cost, I'm sure that was heaven for the miners. In my area, electricity cost almost doubled from yours. But' I can say for sure, I'm still getting good profit with my current electricity cost. I'm using GPUs as my mining equipment (-I'm not saying that GPU is better than ASIC), I had done with ASICs a few years ago (-my last ASIC is Antminer S2) in 2014 I think. I'd like to explore, and Graphic Cards more suitable for my passion. Cheesy

lol. 1 kW/h costs about $0.03 around here. I'm feeling lucky

markiz73

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I recently watch a huge number of sales of video cards in the secondary market. The history of 2014 is repeated. Sadly of course. We are waiting for hardforks, otherwise the GPU will be very difficult for miners.

adaseb

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Quote from: ruthbabe on June 10, 2018, 02:08:13 AM

Very interesting indeed. This Bitmain Antminer Z9 Mini is new to me and upon checking it's designed to mine BitcoinGold and I think it's ok as the price is very affordable and the ROI is easy to achieve with the daily profit of $31.22 per day. What do you think guys?

Did you read the entire thread?

Yes currently it would make that much however there are potential talks of some coins forking to different algos like Bitcoin Gold.

There is also another issue where there is a huge supply of these miners and once they start shipping in a few weeks the difficulty will skyrocket.

So its more or less what happened with the Litecoin and the Dash ASIC miners.

jings007

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Quote from: Kryptowolf512 on June 08, 2018, 03:10:12 AM

Well, but not everybody have the same electricity cost as you. And also, not every ASIC is currently out now.
Btw, the Z9 mini is not available.

The Bitmain Antminer z9 mini is available in 10 stores take a look at this.

ruthbabe

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Very interesting indeed. This Bitmain Antminer Z9 Mini is new to me and upon checking it's designed to mine BitcoinGold and I think it's ok as the price is very affordable and the ROI is easy to achieve with the daily profit of $31.22 per day. What do you think guys?

Amph

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well you need to compare based on price not only hashrate, based on price you can not compare 1 gpu with 1 asic, it's no sense, also consumption must be compared too

shaninium

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The problem is with this list is it can cherry pick certain variables. For instance the d9 and s11 were 6800-7200 and 3200-3500 this time last month. The a5 was 10k and the a9 will prob be 5k on aug batch. Now put that into your calculations. The depreciation on asics from batch to batch is a major factor that makes asics risky. Gpu s dont do that.

ikicha

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Hei dude.
Z9 you say $32 / day?
Hahaha

let's see if all batch come to miner. maybe Z9 profitability is about $3. or same with Antminer D3, from $3000 / day to $0.3 haha LOL

welcome to asic miner Wink

TheGamblerJoe

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Price of electricity in my country kills mining

. So bad.

Nice post to have some idea about it.

texgeek

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in BTC we trust!

Great post! Really like.

This Z9 is new to me Shocked

, the problem with this hardwares , always when arrive on market explode difficulty of coins ehehehe..

But following the "first come, first serve" , some guys probably make a good profit with this on the firsts machines delivered .

i will try buy some asic on next month, your post will help me a lot.

Thanks for sharing.

karim_hassan777

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is there is any asic made using 7nm or 8nm or 10nm ?
and what about noise is there any solution

jmigdlc99

sr. member

Activity: 784

Merit: 282

Quote from: markiz73 on June 09, 2018, 06:38:53 AM

Zcash - Still being debated - Proof

As far as i know, ZCASH has made it clear that although they originally promised a ASIC resistant blockchain, they are flaking on their promise and are not interested in developing any anti-ASIC forks. They have even gone as far as banning people who talk about ASICs in their forums.

If you need to find more info on this i believe the user Dmwardjr has made some threads about Zcash and ASICs here in this forum.

aundroid

legendary

Activity: 1232

Merit: 1247

This table doesn't make very much sense.
The difficulty and the pool hashrates are always changing, so also the Profitability and Payback change regularly.
Showing the hashrate also makes no sense because you compare different algos ...

markiz73

hero member

Activity: 1190

Merit: 641

welcome to buy asic Grin

[Equihash Anti-ASIC Fork] Every Equihash coin and what they decided about the Forkmining self.zec

Zcash - Still being debated - Proof

Zencash - Not Announced Yet -

BitcoinZ - Will Fork - Proof

Bitcoin Gold - Will Fork - Proof

Bitcoin Private - Will Fork - Proof

Komodo - No Fork - Proof

Votecoin - Has decided to follow Zcash's decision - Proof

Hush - Not Announced Yet -

SnowGem - Will be decided after meeting with other Equihash Coins - Proof

Safe Coin - Will Fork - Proof

Zel Cash - Will Fork - Proof

https://www.reddit.com/r/zec/comments/8h14ms/equihash_antiasic_fork_every_equihash_coin_and/

Intristing

full member

Activity: 227

Merit: 100

Quote from: zer0k on June 08, 2018, 01:40:56 PM

Your numbers are way off - 1080ti is still $4+ per day Grin

Can you mine ZEC to get that?

SixOfFive

sr. member

Activity: 630

Merit: 257

That’s quite a basic or general comparison. Nothing informative. Actually the point is that we cannot say that only one is profitable for mining. Both has its own advantages and disadvantages which can be read on internet. You have to choose keeping in mind which one is favorable for you according to your circumstances like electricity costs. If you need some advice than I will suggest that start with GPU mining and gradually when the ROI id done go for ASIC mining.

zer0k

sr. member

Activity: 349

Merit: 250

Your numbers are way off - 1080ti is still $4+ per day Grin

Geraldo

sr. member

Activity: 588

Merit: 272

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Quote from: leowonderful on June 08, 2018, 12:39:33 PM

What's the point of this thread when profitability changes each and every single day.....

This thread more like proving "something". Comparing one device to another, and will not give us an estimated profit in a long-term (-even may not be worth on the short-term), of course. But the discussion below OP's post may be useful as new miner reference. (I hope Cry

)

Quote from: Estonic on June 08, 2018, 05:46:04 AM

Quote from: Kryptowolf512 on June 08, 2018, 03:10:12 AM

Well, but not everybody have the same electricity cost as you. And also, not every ASIC is currently out now.
Btw, the Z9 mini is not available.

A9 will be available very soon.

I heard that too. 50 Ksol/s 620W (The sales price is $9999), Holy Crap!

markiz73

hero member

Activity: 1190

Merit: 641

Asic is a piece of iron. It is expensive, on the secondary market is not in demand. As a rule, it's very dinny and consumes electricity. The profit falls very quickly, only those customers who will receive the first are the winners + problems with the guarantee.

The GPU has fewer problems and can be sold in the secondary market

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

What's the point of this thread when profitability changes each and every single day, and ASICs like the Baikal-B (although not listed, using this as an example) can lose $0.50 of profitability per day with the way things are going for the miner right now? Doing your own calculations for time 'till return is much more accurate, and it's not exactly hard to punch numbers in, especially when calculators like the Nicehash mining calculator exist, where you can click two buttons and find return times for your electrical rate, etc? Unless you somehow make it so the thread automatically updates profitability regularly, it's really not accurate at all, and the same inaccuracy exists for card pricing, which in turn also messes up return time for cards.

Geraldo

sr. member

Activity: 588

Merit: 272

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Quote from: PRC_May on June 08, 2018, 10:40:22 AM

but the electricity cost in my country is low about 0.08-0.09

so my profit maybe is more than other country

personaly i remind GPUS

The Middle East?

With that electricity cost, I'm sure that was heaven for the miners. In my area, electricity cost almost doubled from yours. But' I can say for sure, I'm still getting good profit with my current electricity cost. I'm using GPUs as my mining equipment (-I'm not saying that GPU is better than ASIC), I had done with ASICs a few years ago (-my last ASIC is Antminer S2) in 2014 I think. I'd like to explore, and Graphic Cards more suitable for my passion. Cheesy

melpheos

jr. member

Activity: 557

Merit: 5

Quote from: jmigdlc99 on June 08, 2018, 04:53:05 AM

Quote from: jings007 on June 08, 2018, 12:36:36 AM

Some of the list of ASIC MINERS Hash Rate Pow.Cons. Price/start Profitability Payback

Bitmain Antminer z9 mini 10KH/S 300w $850.00 $32.30/d 26d

Great post! But it's immediately hard to not notice that the cost of the Z9 MINI is wrong. As far as i can recall, it was never as low as $850 (you may be referring to the E3 which was originally sold at $800).

Quote from: marthor on June 08, 2018, 04:42:03 AM

2. ASICs are harder to use (either you need a separate building/warehouse or you need to tolerate a jet engine in your home).

I'd beg to differ. ASICs are extremely easy to use (literally just plug and ~~play~~ earn). Let's not confuse "harder to use" with "harder to tolerate." Besides, it's also easily to tolerate if you are willing to put in the effort to it. A simple coleman cooler case silencer would easily reduce your noise problem.

The Z9mini $850 pricing is for August/September batch so the revenue figure are completely out of wack...
He should use the original price 2500$ and it would still be profitable

solarion

hero member

Activity: 966

Merit: 513

Quote from: PRC_May on June 08, 2018, 10:40:22 AM

but the electricity cost in my country is low about 0.08-0.09

so my profit maybe is more than other country

personaly i remind GPUS

Electricity will sucks you according to the number of hardware and hash power you get for the mining purposes bro. I see best in the hashes with the ASIC hardware because it can give more hashes then the number of hashes you get with the mining graphics card.

If you can invest the big fund you will be go with the ASIC hardware. But if you able to invest with in 2000 USD we will get into the GPU mining only then you choose any algorithm with the GPU cards but not in ASIC.

PRC_May

member

Activity: 224

Merit: 15

but the electricity cost in my country is low about 0.08-0.09

so my profit maybe is more than other country

personaly i remind GPUS

Estonic

newbie

Activity: 26

Merit: 0

Quote from: Kryptowolf512 on June 08, 2018, 03:10:12 AM

Well, but not everybody have the same electricity cost as you. And also, not every ASIC is currently out now.
Btw, the Z9 mini is not available.

A9 will be available very soon.

edwardceng

member

Activity: 266

Merit: 50

Overall it's a good comparing article but for the element Price/start, Profitability, Payback is very difficult to predict those all depends on a few elements such as electricity cost of each country, and the price of each country's currency when converting to dollar price (when buying some hardware) so both can affect Payback.

jmigdlc99

sr. member

Activity: 784

Merit: 282

Quote from: jings007 on June 08, 2018, 12:36:36 AM

Some of the list of ASIC MINERS Hash Rate Pow.Cons. Price/start Profitability Payback

Bitmain Antminer z9 mini 10KH/S 300w $850.00 $32.30/d 26d

Great post! But it's immediately hard to not notice that the cost of the Z9 MINI is wrong. As far as i can recall, it was never as low as $850 (you may be referring to the E3 which was originally sold at $800).

Quote from: marthor on June 08, 2018, 04:42:03 AM

2. ASICs are harder to use (either you need a separate building/warehouse or you need to tolerate a jet engine in your home).

I'd beg to differ. ASICs are extremely easy to use (literally just plug and ~~play~~ earn). Let's not confuse "harder to use" with "harder to tolerate." Besides, it's also easily to tolerate if you are willing to put in the effort to it. A simple coleman cooler case silencer would easily reduce your noise problem.

marthor

newbie

Activity: 60

Merit: 0

1. Difficulty increases much faster for ASIC coins.

2. ASICs are harder to use (either you need a separate building/warehouse or you need to tolerate a jet engine in your home).

3. GPUs have much higher resale value and have value that is independent of the cryptocurrency market.

GPU mining is therefore much less risky, which is why it has a lower return on paper. It's a much better investment, in my view, than ASIC mining.

Geraldo

sr. member

Activity: 588

Merit: 272

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Well,
From the general view, this post is quite impressive. Comparing devices straight to another one, and we don't know what the X variable is. At least it can be a reference for newly miners.

But,
That was only basic comparison table between ASIC and GPU. Maybe the profitability that shown above comes from the same coin while mined by both.

Comparing one ASIC to one GPU isn't fair, one standard GPU rig -at least 6 GPU on it, may fair enough. But still, on a standard comparison -where both operated on the same algorithm/coins, ASICs has better profitability. Except comparing the miners perspective, most of the experienced miner has secret formulas to find their own "gold" coin. That's why even with that comparison table appear everywhere, GPUs still interest for a lot of miners.

As I always said, whatever it is, it will depend on "Whose behind the machine."

vlad230

sr. member

Activity: 616

Merit: 279

The coins you're mining with ASICs may fork to implement ASIC resistance and you may end up in having a big loss as ASICs don't come cheap.

The gains are indeed higher for ASICs but the risks are higher too.

Kryptowolf512

full member

Activity: 420

Merit: 105

German Translator - Hire me on Bitcointalk!

Well, but not everybody have the same electricity cost as you. And also, not every ASIC is currently out now.
Btw, the Z9 mini is not available.

jings007

jr. member

Activity: 174

Merit: 7

Mining profitability ASIC vs GPU.

For those who are planning to mine a cryptocurrency Take a look at this Guys.

How Much Can I Earn With ASIC?

Some of the list of ASIC Miners	Hash Rate	Pow.Cons.	Price/start	Profitability	Payback
Bitmain Antminer z9 mini	10KH/S	300w	$850.00	$24.16/d	28d
Innosilicon D9 DecredMaster	2.1TH/S	900W	$3,250.00	$22.13/d	90d
Innosilicon s11 SiaMaster	3.83TH/S	1.38KW	$1,700.00	$8.77/d	111d
Halong Mining DragonMint B29	1.65TH/S	800W	$3,499.00	$17.16/d	124d
Halong Mining DragonMint B52	3.5TH/S	1KW	$2,800.00	$8.64/d	191d
Bitmain Antimer S9i	13.5TH/S	1.3KW	$637.00	$1.52/d	246d
Bitmain Antminer E3	180MH/S	800W	$1,710.30	$4.82/d	251d
Innosilicon A5 DashMaster	32.5GH/S	750W	$1,180.00	$3.09/d	260d

How Much Can I Earn With a GPU Mining?

Some of the list of GPU	Hash Rate	Pow.Cons	Price/start	Profitability	Payback
AMD Radeon RX Vega 56	1.8KH/S	210W	$499.99	$1.92/d	189d
AMD Radeon RX Vega 64	1.85 KH/s	240 W	$579.99	$1.92/d	217d
AMD Radeon RX 560	200 H/s	55 W	$142.99	$0.41/d	272d
AMD Radeon RX 480	700 H/s	120 W	$259.00	$0.65/d	276d
AMD Radeon RX 470	650 H/s	120 W	$239.00	$0.59/d	281d
NVIDIA GeForce GTX 1050Ti	12 MH/s	40 W	$139.99	$0.31/d	288d
NVIDIA GeForce GTX 1060	22 MH/s	130 W	$229.00	$0.51/d	303d
NVIDIA GeForce GTX 1070 Ti	41 MH/s	135 W	$459.99	$0.90/d	324d
Nvidia GeForce GTX 1080 Ti	60 MH/s	250 W	$749.99	$1.19/d	384d
NVIDIA GeForce GTX 980 Ti	35 MH/s	240 W	$235.00	$0.48/d	257d

Take note: Price, Profitability and Payback are always changing, anyway, since it always changing, I will update this regularly.

Topic: Mining Profitability ASIC vs GPU (Read 1145 times)