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Topic: Mining with GPU --- What should I do? (Read 4389 times)

hero member
Activity: 672
Merit: 500
September 17, 2014, 05:46:41 AM
#53
I'm inclined to agree. NV will have a wattage advantage ... and charge in advance for it.
AMD will be cheaper but will run hot. Operating costs will be higher than the NV counterpart.

I still expect most coins to go up in value this winter.

BTW, highest end is nonsense for mining as far as I'm concerned.
sr. member
Activity: 462
Merit: 250
September 17, 2014, 04:46:55 AM
#52

Next generation gpu is coming, GTX 980 and R9 390

Unless you have very low cost electricity, these new cards will not ROI.
newbie
Activity: 59
Merit: 0
September 15, 2014, 07:46:39 AM
#51
How does that help?

Mining produces heat => warm room => profit covers power costs to heat the room

(needs very cheap elec, of couse)

Very optimistic view on counting the costs of mining  Cheesy
I have a very cheap electricity but even for me and my PC it's hardly profitable to mine with GPU. No doubt GPU mining is dying and there are less people who'd like to spend a lot of money on the gpu miners/ graphics card/ electricity / etc


Sell your GPU before the next generation comes..

I was thinking the next generation coins has already come. What is in your understanding of ''second generation''Huh

Next generation gpu is coming, GTX 980 and R9 390
member
Activity: 166
Merit: 15
September 15, 2014, 05:16:30 AM
#50
How does that help?

Mining produces heat => warm room => profit covers power costs to heat the room

(needs very cheap elec, of couse)

Very optimistic view on counting the costs of mining  Cheesy
I have a very cheap electricity but even for me and my PC it's hardly profitable to mine with GPU. No doubt GPU mining is dying and there are less people who'd like to spend a lot of money on the gpu miners/ graphics card/ electricity / etc


Sell your GPU before the next generation comes..

I was thinking the next generation coins has already come. What is in your understanding of ''second generation''Huh
member
Activity: 138
Merit: 10
September 15, 2014, 04:27:34 AM
#49
How does that help?

Mining produces heat => warm room => profit covers power costs to heat the room

(needs very cheap elec, of couse)

Very optimistic view on counting the costs of mining  Cheesy
I have a very cheap electricity but even for me and my PC it's hardly profitable to mine with GPU. No doubt GPU mining is dying and there are less people who'd like to spend a lot of money on the gpu miners/ graphics card/ electricity / etc


Sell your GPU before the next generation comes..

Already done it. I don't see the point to buy the last gpu miners unless you are a geek who like hardwares and mining coins and, maybe, who are willing to optimize the miner.
sr. member
Activity: 275
Merit: 250
September 15, 2014, 12:16:24 AM
#48
How does that help?

Mining produces heat => warm room => profit covers power costs to heat the room

(needs very cheap elec, of couse)

Very optimistic view on counting the costs of mining  Cheesy
I have a very cheap electricity but even for me and my PC it's hardly profitable to mine with GPU. No doubt GPU mining is dying and there are less people who'd like to spend a lot of money on the gpu miners/ graphics card/ electricity / etc


Sell your GPU before the next generation comes..
member
Activity: 166
Merit: 15
September 14, 2014, 05:07:40 AM
#47
How does that help?

Mining produces heat => warm room => profit covers power costs to heat the room

(needs very cheap elec, of couse)

Very optimistic view on counting the costs of mining  Cheesy
I have a very cheap electricity but even for me and my PC it's hardly profitable to mine with GPU. No doubt GPU mining is dying and there are less people who'd like to spend a lot of money on the gpu miners/ graphics card/ electricity / etc
hero member
Activity: 770
Merit: 500
September 07, 2014, 09:46:08 AM
#46
How does that help?

Mining produces heat => warm room => profit covers power costs to heat the room

(needs very cheap elec, of couse)

New generation GPUs will be launched soon and price of current gen cards will fall and more loss will occur if GPUs are sold later. Better sell them now as mining profitability on GPUs is pennies.
legendary
Activity: 1131
Merit: 1001
September 07, 2014, 08:46:05 AM
#45
How does that help?

Mining produces heat => warm room => profit covers power costs to heat the room

(needs very cheap elec, of couse)
full member
Activity: 214
Merit: 100
September 07, 2014, 08:40:07 AM
#44
Guys, if you have very cheap electricity and would still like to keep GPUs running you can point them at NiceHash.com multi-algo ports ... they will automatically switch among some of the most profitable algos (set by hashing power buyers) and could bring you some profit.

Yup, but even I have really cheap electricity, it is hardly profitable. Sad

Wait for the winter ...  Grin

How does that help?
legendary
Activity: 1131
Merit: 1001
September 07, 2014, 08:34:37 AM
#43
Guys, if you have very cheap electricity and would still like to keep GPUs running you can point them at NiceHash.com multi-algo ports ... they will automatically switch among some of the most profitable algos (set by hashing power buyers) and could bring you some profit.

Yup, but even I have really cheap electricity, it is hardly profitable. Sad

Wait for the winter ...  Grin
full member
Activity: 214
Merit: 100
September 07, 2014, 08:30:42 AM
#42
Guys, if you have very cheap electricity and would still like to keep GPUs running you can point them at NiceHash.com multi-algo ports ... they will automatically switch among some of the most profitable algos (set by hashing power buyers) and could bring you some profit.

Yup, but even I have really cheap electricity, it is hardly profitable. Sad
legendary
Activity: 885
Merit: 1006
NiceHash.com
September 07, 2014, 07:18:37 AM
#41
Guys, if you have very cheap electricity and would still like to keep GPUs running you can point them at NiceHash.com multi-algo ports ... they will automatically switch among some of the most profitable algos (set by hashing power buyers) and could bring you some profit.
member
Activity: 166
Merit: 15
September 07, 2014, 04:19:30 AM
#40
So here is the question, what people do with their GPU's right now?

Shut down the gpu miner and sell it.. Best solution right now..

Well,yep, it's better to sell it as in the race for faster miner you spend more than you earn on mining coins.
I think it's profitable to mine with gpu for corporations only. Alternatively, it's possible to mine coins that have just been created so the h/r is low and than sell it in a right time before it become unprofitable to mine it.
sr. member
Activity: 394
Merit: 250
September 07, 2014, 01:58:21 AM
#39
So here is the question, what people do with their GPU's right now?

Shut down the gpu miner and sell it.. Best solution right now..
full member
Activity: 166
Merit: 100
September 06, 2014, 07:32:12 PM
#38
So here is the question, what people do with their GPU's right now?
hero member
Activity: 672
Merit: 500
September 03, 2014, 10:16:13 AM
#37
They don't and to be completely clear, they have no reason to.  GPL violations are tolerated here as well as imposed fees or modified servers so you can only mine to them... you can see a few examples live now on this forum.
full member
Activity: 214
Merit: 100
September 03, 2014, 07:54:24 AM
#36
It is possible there is a GPU cryptonight implementation which is much faster (4-8x faster) but we can only speculate about it.

Anybody care to share? Tongue
hero member
Activity: 672
Merit: 500
September 03, 2014, 07:45:03 AM
#35
It is possible there is a GPU cryptonight implementation which is much faster (4-8x faster) but we can only speculate about it.
sr. member
Activity: 285
Merit: 250
September 02, 2014, 10:12:22 AM
#34
Correct.  Profit on monero with current (public) miners is nil with current GPU / CPU performance.

I can tell you/anyone this much: noone is giving up their cash cow coin.

Nice, there is a secret miner that can mine like 10x the speed?
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