The future of old gpus | Bitcointalksearch.org

FP91G

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Quote from: HardCore12V on October 12, 2021, 12:20:54 PM

You are the only one who don't understand what I meant, I don't have to go too deep in details but since you got me wrong I will say more about it, what I really meant was a brand new coin will be more easier to mine with even small graphic cards that has 1GB or 2GB memory on them, for example Ethereum Classic can be mined with a 3GB GPU as we speak

To be honest, the developers decide how much memory will be enough to mine their coin.
If they decide that only video cards with 8 GB or more can mine it, then they will.
Ethereum classic will soon stop being mined on 3 GB video cards.
https://minerstat.com/dag-size-calculator
But you can still find coins for which 2GB of graphics cards are enough.

JayDDee

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Quote from: HardCore12V on October 12, 2021, 12:20:54 PM

Quote from: sxemini on October 11, 2021, 05:04:48 AM

Quote from: HardCore12V on October 11, 2021, 04:01:39 AM

Every new PoW algorithm starts with low memory like 1GB until time pass by and they grow over 4GB just like how ETH DAG grows over 4GB today so every GPUs will always have a chance to mine new coins until DAG file grows over the GPU max memory

Every new PoW algorithm starts with low memory? Dude learn more about mining, algorithm and so on. This is complete wrong.

You are the only one who don't understand what I meant, I don't have to go too deep in details but since you got me wrong I will say more about it, what I really meant was a brand new coin will be more easier to mine with even small graphic cards that has 1GB or 2GB memory on them, for example Ethereum Classic can be mined with a 3GB GPU as we speak

You can't pretend you meant increasing difficulty instead of increasing memory usage.
DAG algorithms increase in memory usage, other algorithms don't yet still get more difficult to mine.
They are 2 very different things. The fact that all coins get more difficult/less profitable over time has
nothing to do with memory usage or increasing memory usage by the algorithm. Nice try.

Edit: Bringing this back on topic, any algo you could mine with a 1GB GPU 5 years ago you can still mine
with a 1GB GPU. The only difference is it's way less profitable and the mining software may be a little outdated.
Only wiith DAG based algos does a GPU become unable to mine it anymore.

HardCore12V

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Quote from: sxemini on October 11, 2021, 05:04:48 AM

Quote from: HardCore12V on October 11, 2021, 04:01:39 AM

Every new PoW algorithm starts with low memory like 1GB until time pass by and they grow over 4GB just like how ETH DAG grows over 4GB today so every GPUs will always have a chance to mine new coins until DAG file grows over the GPU max memory

Every new PoW algorithm starts with low memory? Dude learn more about mining, algorithm and so on. This is complete wrong.

You are the only one who don't understand what I meant, I don't have to go too deep in details but since you got me wrong I will say more about it, what I really meant was a brand new coin will be more easier to mine with even small graphic cards that has 1GB or 2GB memory on them, for example Ethereum Classic can be mined with a 3GB GPU as we speak

MCcryptonia

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Quote from: JayDDee on October 11, 2021, 11:30:04 AM

Quote from: HardCore12V on October 11, 2021, 04:01:39 AM

Every new PoW algorithm starts with low memory like 1GB until time pass by and they grow over 4GB just like how ETH DAG grows over 4GB today so every GPUs will always have a chance to mine new coins until DAG file grows over the GPU max memory

Only DAG based algorithms do that. Posting in bold type doesn't make a false statement true.

I'm guessing this person is trying to say that every new coins are easier to mine when they are still new if the algorithm supports GPU, every thing gets harder once the difficulty starts increasing

adaseb

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No. Not every POW algo is memory intensive.

The original Bitcoin algo Sha256D is not memory intensive at all hence why it’s easy to code on FGPA and make ASICS for it.

Remember dual mining? How do you think it was possible? It was possible because ETH algo spent most of its time searching its memory while the compute part was sitting idle most of the time. So the way dual mining was possible was if it was combined with another algo like sha256 which is nothing but computations with no memory work pretty much.

JayDDee

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Quote from: HardCore12V on October 11, 2021, 04:01:39 AM

Every new PoW algorithm starts with low memory like 1GB until time pass by and they grow over 4GB just like how ETH DAG grows over 4GB today so every GPUs will always have a chance to mine new coins until DAG file grows over the GPU max memory

Only DAG based algorithms do that. Posting in bold type doesn't make a false statement true.

iRonNuke

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Quote from: batsonxl on October 11, 2021, 09:06:02 AM

I love my RX 470480570580, when i get old i will put these gpus to my wall for memory. many thanks for eth and amd. I think these gpu deserves to be legend in my opinion

Yes they are still very good for many different algorithms as well. I have a bunch of them and they are very easy to use! Best GPUs I have in the long run, hassle free.

I have Nvidia 1000/2000/3000 series cards. AMD Vega 56, RX 5700 XT and 6600 XT cards. But Polaris is the most easy to use, that's my thought.

CrossroadBTC

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As crazy as this may sounds it's true, I still play PC games using gtx660ti from 2012 and till date some games still runs very well on this old Nvidia graphics card, even some new less demanding games still runs on medium settings using gtx660ti including GTA 5 so old GPUs are still useful no matter how you view them, the 2GB memory is why they aren't worth mining with anymore

batsonxl

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I love my RX 470480570580, when i get old i will put these gpus to my wall for memory. many thanks for eth and amd. I think these gpu deserves to be legend in my opinion

Looper_U

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Every crypto miners must be ready to upgrade their GPU mining farms few years later because newer architecture will be out as time goes by and these new GPUs with newer architecture will work better with crypto mining, as mining difficulty also increases the old GPUs becomes less profitable

iRonNuke

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It depends. I have GPUs mining fine from 2017 when I bought them new (RX 570/580). I also have even older GPUs like R9 290 and HD7950 that I bought second hand and they mines well too.

The conclusion is that they can mine until they arn't profitable anymore. If your question is when they arn't profitable anymore, that's a harder question to answer. As I said above I still mine with HD7950s that are made in 2013, and they are still profitable, but it's crazy times right now. In 2019 GPUs bought in 2017 wasn't profitable

swogerino

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If taken good care RX 580 4 GB can still mine Ethereum Classic until April 2023 approximately and the RX 580 8 GB can mine for some more years to come if they are taken good care of,they have adequate cooling as the main important factor to prolong their life.I have a few RX 570 4 GB still running since 2017 and their temperature is 65 degree Celsius at most in a very hot environment.So the bottom line is this card can mine for years to come,the 8 GB version.

sxemini

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Quote from: HardCore12V on October 11, 2021, 04:01:39 AM

Every new PoW algorithm starts with low memory like 1GB until time pass by and they grow over 4GB just like how ETH DAG grows over 4GB today so every GPUs will always have a chance to mine new coins until DAG file grows over the GPU max memory

Every new PoW algorithm starts with low memory? Dude learn more about mining, algorithm and so on. This is complete wrong.

Synerggy

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Quote from: HardCore12V on October 11, 2021, 04:01:39 AM

Every new PoW algorithm starts with low memory like 1GB until time pass by and they grow over 4GB just like how ETH DAG grows over 4GB today so every GPUs will always have a chance to mine new coins until DAG file grows over the GPU max memory

GPUs don't go out of mining business until after many years to come and so far only ETH have made it pass 4GB GPU Memory, it's also wiser to buy GPUs with 8GB memory as minimum for long term purpose, RX580 8GB will still be supported for many years

HardCore12V

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Every new PoW algorithm starts with low memory like 1GB until time pass by and they grow over 4GB just like how ETH DAG grows over 4GB today so every GPUs will always have a chance to mine new coins until DAG file grows over the GPU max memory

adaseb

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If there is enough memory, then any GPU should be able to mine any coin as long as there is some software developer to make the algo work. One reason why many miner developers don't make their miners work with old GPUs is because they don't see it as being worth the effort. If less than 1% would use their software , it might not be worth spending hundreds of hours perfecting the algo to make that GPU efficient.

Newer GPUs are a different story. Miner developers know that current GPUs and they will do what they can to make them efficient and fast because they know people will use their software. However as the GPU gets older and older and uses too much power, less and less people use it and eventually the miners just sell them to some gamers or youtube rendering people.

UserU

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Quote from: XUR_TIP on October 10, 2021, 02:04:49 AM

How many years will it takes graphics cards to be 100% done with mining ?

Are you referring to a GPU that dies from mining, or become obsolete?

If it's the latter, the demand will still go on as long as there are PoW coins that don't require as much RAM/ hash than the mains like ETH.

flip4flop

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They will always have a use as long as there is someone who can use them and they will produce more revenue than they cost in electricity. When that is no longer possible there will still be a secondary market for them depending on how old they are and the condition. Especially gamers or video editors looking for a starting build or something for their kids.

CryptoATM

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Rx580 is also useful for some other coins not just Ethereum mining alone so no matter what I believe that this GPU will last longer for mining, very good for ravencoin, conflux, ergo and others, it's usefulness is going to last a long time

JayDDee

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When it costs more to mine with them than you earn, and that depends on your electricity cost.

Topic: The future of old gpus (Read 223 times)