Topic: Post if your GPUs still profitable to operate? (Read 5572 times)
I guess now is the time that I get to celebrate having free electricity? I won't be purchasing any more GPUs, but I don't see myself turning them off for quite some time.
At current prices and the recently adjusted diff, I'm down to ~$0.50/day profit per GPU, after you take out electric costs. Not a lot, but I've already had to move into some serious undervolting territory.
I may just shut them off, since $15/month isn't a lot. Meh.
I may just shut them off, since $15/month isn't a lot. Meh.
Gpu mining is barely profitable.
Just keep mining while its still profitable, even if its only a few dollars a week. Hold those coins and wait for higher prices, that way you haven't risked anything. You might find those few dollars a week are worth a lot more. When ASICs take over pick your favourite alt-coin and mine that...
+1 to this, and it is already what i'm doingonly if you aren't using 5xxx cards, otherwise you're losing way too much equity
I just liquidated my GPUs - now I'm trying to decide if I should hold BTC or buy overpriced acisminers.
dollars and BTC
I just liquidated my GPUs - now I'm trying to decide if I should hold BTC or buy overpriced acisminers.
Just keep mining while its still profitable, even if its only a few dollars a week. Hold those coins and wait for higher prices, that way you haven't risked anything. You might find those few dollars a week are worth a lot more. When ASICs take over pick your favourite alt-coin and mine that...
+1 to this, and it is already what i'm doing 
I think Litecoin will be the one that most miners turn to - only question is, what will that do to Litecoin? Either price must increase to compensate for the increase in difficulty, or else people won't mine it because its not profitable. But then people won't be mining it? So difficulty should drop... Not exactly sure how it will play out TBH, but I've bought some Litecoins just in case 
Generally everyone should think of ltc as a pump and dump vehicle. Long term it's going nowhere.
That being said, no reason to not mine it if it's profitable for your gpus.
BTC -> mined by ASICs
LTC -> mined by GPU's
They be both sides of the ssame coin with the exchange rate to compensate unterbegwegnuung
I'm still profitable with my 5x7950s. But I think the gig will be up come September.
btc or ltc?
I'm still profitable with my 5x7950s. But I think the gig will be up come September.
I'm hashing at around 300 Mh/s on my HD6870 and making about 10 mBTC per day. My electricity costs 12.9p per kWh (0.2USD), so my daily profit is currently about 3.35 mBTC. I'll keep mining on it though until my April Jalapeno arrives and investing the 0.01 BTC into mining stocks. I'm already making more from those stocks than I am from mining.
2x6950's, getting down to only $50 worth a month profit
I think Litecoin will be the one that most miners turn to - only question is, what will that do to Litecoin? Either price must increase to compensate for the increase in difficulty, or else people won't mine it because its not profitable. But then people won't be mining it? So difficulty should drop... Not exactly sure how it will play out TBH, but I've bought some Litecoins just in case
Generally everyone should think of ltc as a pump and dump vehicle. Long term it's going nowhere.
That being said, no reason to not mine it if it's profitable for your gpus.
This is my plan, maybe litecoin is a good alternative.
I'm curious what will happen with it, when all the GPU miners are switching from bitcoin. The difficulty will rise, but the BTC/LTC rate should too, to remain profitable for us.
I'm curious what will happen with it, when all the GPU miners are switching from bitcoin. The difficulty will rise, but the BTC/LTC rate should too, to remain profitable for us.
I think Litecoin will be the one that most miners turn to - only question is, what will that do to Litecoin? Either price must increase to compensate for the increase in difficulty, or else people won't mine it because its not profitable. But then people won't be mining it? So difficulty should drop... Not exactly sure how it will play out TBH, but I've bought some Litecoins just in case
Just keep mining while its still profitable, even if its only a few dollars a week.
I'm going to do this.
When ASICs take over pick your favourite alt-coin and mine that...
This is my plan, maybe litecoin is a good alternative.
I'm curious what will happen with it, when all the GPU miners are switching from bitcoin. The difficulty will rise, but the BTC/LTC rate should too, to remain profitable for us.
Just keep mining while its still profitable, even if its only a few dollars a week. Hold those coins and wait for higher prices, that way you haven't risked anything. You might find those few dollars a week are worth a lot more. When ASICs take over pick your favourite alt-coin and mine that...
I'm currently mining with
1x HD7970
1x HD7850
2x HD5970
on free-ish electricity. It's still profitable (of course).
Getting 2.1 ghash because one of the 5970's are failing, so I can only run that below stock settings.
I'm looking forward to the future of bitcoin, and try to keep the very most of my coins in my wallet, and not to convert them to USD.
1x HD7970
1x HD7850
2x HD5970
on free-ish electricity. It's still profitable (of course).
Getting 2.1 ghash because one of the 5970's are failing, so I can only run that below stock settings.
I'm looking forward to the future of bitcoin, and try to keep the very most of my coins in my wallet, and not to convert them to USD.
Of course it's still profitable. See here:
Click for larger image:
PPS rates have dropped ~8% since I took a screenshot of my chart, but that didn't change it too drastically. I still make ~$2/day, after power costs.
Click for larger image:
PPS rates have dropped ~8% since I took a screenshot of my chart, but that didn't change it too drastically. I still make ~$2/day, after power costs.
Still Profitable for me. Thought not cranking out as many bitcoins as I would like as the difficulty has been rising.
Calculated that my 2.35Ghs farm will be marginally profitable until difficulty hits 110 million, given local low electricity cost. Then winter will come and I'll continue mining at a loss to heat the house instead of using electric heaters. So mining will commence until at least April next year.
I don't have much hope for LTC mining after that as profitability will most probably remain low.
I don't have much hope for LTC mining after that as profitability will most probably remain low.
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