Topic: Should I invest in GPU mining hardware when PoS is coming for some coins (Read 401 times)
May 25, 2018, 08:39:53 AM
Why not?
November 27, 2017, 03:14:20 PM
What's the problem? First, you can always join a pool. Secondly now mining cryptonigh has almost the same profitability as Ethereum. There will be other coins that use the same algorithm. For example bitcoin gold. It seems to me that if there are large reserves of power, the GPU will always be buyers of these capacities.
November 27, 2017, 02:40:36 PM
Who told you that Eth and Zec are the most profitable coins to mine?
The following website claims that ETH is the most profitable:
http://whattomine.com
Assuming that you have put your hands on RX 580, which is also the most cost effective (price, hash rate, power consumption, etc...)
If you are speculating about future gains of other altcoins then this is not guaranteed
But for GPU mining ETH is definitely the most profitable as for now
November 27, 2017, 02:22:06 PM
2 Pono,
Nobody knows when POS-mining of ETHEREUM really start. Sure it won't begin this year. Maybe in the middle of the next 2018 year it will happen but who really know? Only Vitalick Buterin knows I hope...
Nobody knows when POS-mining of ETHEREUM really start. Sure it won't begin this year. Maybe in the middle of the next 2018 year it will happen but who really know? Only Vitalick Buterin knows I hope...
November 21, 2017, 03:04:11 PM
I never said that those two coins are the most profitable. I only said that I'm thinking about mining those two. Also, that does not answer the question about coming PoS.
November 21, 2017, 03:02:44 PM
Who told you that Eth and Zec are the most profitable coins to mine? As for the POS, just move to next coin when it happens.
November 21, 2017, 02:57:17 PM
Hi all,
I'm just wondering - if/when I invest in a small mining farm to mine say Ether and Zcash and the next week both of those coins turn into PoS am I than forced to mine another (less profitable) coins? Or simply turn my farm into a very expensive gaming PC :/
What's your (miners) take on incoming and inevitable PoS shifts?
Thanks in advance.
I'm just wondering - if/when I invest in a small mining farm to mine say Ether and Zcash and the next week both of those coins turn into PoS am I than forced to mine another (less profitable) coins? Or simply turn my farm into a very expensive gaming PC :/
What's your (miners) take on incoming and inevitable PoS shifts?
Thanks in advance.
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