Sell all your GPUs right now during Christmas Rush!

Bananana

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Quote from: adaseb on December 23, 2014, 04:32:30 AM

Quote from: atp1916 on December 22, 2014, 12:00:53 PM

Quote from: adaseb on December 21, 2014, 09:00:14 PM

Yes but the question is... will mining every be profitable again.

I think we are all better off selling our GPUs but keeping the risers, PSUs, motherboards just in case in the future it becomes profitable again.

I have learned never to say never, at least when it comes to cryptocurrency. Wink

For mining to be profitable again... BTC needs to rise in value... and even then there is no guarantee.

Everytime BTC rise in value, alt-coin value drop. So no we need alt-coin value to increase then GPU mining is profitable again.

adaseb

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Quote from: atp1916 on December 22, 2014, 12:00:53 PM

Quote from: adaseb on December 21, 2014, 09:00:14 PM

Yes but the question is... will mining every be profitable again.

I think we are all better off selling our GPUs but keeping the risers, PSUs, motherboards just in case in the future it becomes profitable again.

I have learned never to say never, at least when it comes to cryptocurrency. Wink

For mining to be profitable again... BTC needs to rise in value... and even then there is no guarantee.

atp1916

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Quote from: adaseb on December 21, 2014, 09:00:14 PM

Yes but the question is... will mining every be profitable again.

I think we are all better off selling our GPUs but keeping the risers, PSUs, motherboards just in case in the future it becomes profitable again.

I have learned never to say never, at least when it comes to cryptocurrency. Wink

Amph

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sold everything longa time ago, but i still have 1 970 for gaming, i can always mine with it, but i'm planning to replace it with the new monster from nvidia, 980ti-990?

adaseb

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Yes but the question is... will mining every be profitable again.

I think we are all better off selling our GPUs but keeping the risers, PSUs, motherboards just in case in the future it becomes profitable again.

atp1916

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Quote from: Prelude on December 10, 2014, 02:14:33 PM

Quote from: atp1916 on December 10, 2014, 02:11:38 PM

Nope. Not selling a single GPU / rig. There will be another *boom* one of these days.

History tends to repeat itself. I'll be ready this time Wink

I'm also holding on to some, but by the time that happens (if..) our top end GPUs might not be worth it anymore.

See though, i have a bunch of 7950s / 270s. Their power/hash ratio won't be the best, but they won't be the worst either. The new round of AMD cards will likely mirror the current crop of Nvidia Kepler GPUs in hash/watt (or do better) so efficiency is definitely better, but the 7950s and 270s were both at least 3khs / watt at a very bad minimum. You can still make cash on that.

Now, all of that said, i probably should have sold my farm earlier this year when 7950s were going for $400+. We may or may not see that again, but when GPU mining does kick back up, i'll have a decision to make for sure because i fully expect people to do the same exact thing they did this summer which was get cards at any cost.

If the next gen cards are the right price / available and people are paying up for the old cards, then dump my current farm and swap out for new cards. Else, hold on to current farm and mine.

amacar

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I have free electricity, but I sold all of them in June. Right now I have only one 280x that is being used for gaming Cheesy

adaseb

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So far I only sold 3 GPUs. A few fathers bought them for their kids for Xmas.

marcoman22

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I already sold my GPU's few months back and I don't regret my decision considering current crypto scenario.

adaseb

legendary

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Yes exactly correct.

Even if mining does become profitable you can always start buying back the GPUs at the same price.

bensam123

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Opportunity cost bro.

DJM and Wolf use custom kernels, their experiences have absolutely no relationship to people using public kernels.

Quote from: notlist3d on December 14, 2014, 07:55:53 PM

Are any of you actually making more then electricity costs?

I loved GPU mining but I sold all mine long ago at this point.

Nope, algos haven't been profitable since Wolf started selling custom kernels to big miners and people decided to turn them into space heaters. If you want to continue mining it looks like nvidia maxwell is the only place to go as there are continued hashrate and efficiency improvements being done over there. The architecture is innately more power efficient then AMD stuff right now too.

And I agree as well. I'm definitely missing GPU mining. It was all around fun, but you can't have thousands of dollars worth of gear sitting around that don't generate more then a couple cents a day if and when they're profitable.

Bananana

sr. member

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Just sell half of the GPU farms, keep the other half for mining for fun and wait for good times...

djm34

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Quote from: notlist3d on December 14, 2014, 07:55:53 PM

Are any of you actually making more then electricity costs?

I loved GPU mining but I sold all mine long ago at this point.

I do (and that's all you will know Grin

)

notlist3d

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Are any of you actually making more then electricity costs?

I loved GPU mining but I sold all mine long ago at this point.

zk-SNARK

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The World’s First Blockchain Core

I am using my r9 290 rigs for daul sli card gamer machines for my kids and myself. If something goes wild again that they can mine I can kick them into mining it.

crazyearner

legendary

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Never selling my GPU's due to the fact of newer coins coming out and only being able to use GPU and asic protected so ill pass on that my GPUS come in handy as where asic technology fails to mine x13 x15 and other algos

adaseb

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Quote from: hero18688 on December 13, 2014, 11:16:58 AM

Sold half of mine.Mining profitability lost to scam before.Right now mining is not profitable.

What do you mean you lost it due to scam? Did you get your account hacked?

hero18688

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Sold half of mine.Mining profitability lost to scam before.Right now mining is not profitable.

adaseb

legendary

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The only reason why mining with GPU was profitable last year was because of LTC. Since LTC was based on Scrypt which was GPU only and it had a huge market cap.

What GPU coin right now has a market cap as large as LTC? Nothing. Closest is DRK.

Only way GPU mining will be profitable again is if some coin with a market cap of 500 Million comes out which is GPU only.

Prelude

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Quote from: atp1916 on December 10, 2014, 02:11:38 PM

Nope. Not selling a single GPU / rig. There will be another *boom* one of these days.

History tends to repeat itself. I'll be ready this time Wink

I'm also holding on to some, but by the time that happens (if..) our top end GPUs might not be worth it anymore.

Topic: Sell all your GPUs right now during Christmas Rush! (Read 2413 times)