Topic: Until how long will GPU mining last? - page 2. (Read 5563 times)
What's interesting to me is what will be the new tech to replace gpu. It has to happen. Right now the gamers are all freaking out because they can sell their old AMD cards and get nvidia cards, which would lead me to believe those cards will be the next thing and perhaps that means a new coin will the one
The markets are in full party mode, but the party might not end any time soon.
ETH is a powder keg that blew everything sky high, the top guys worked some real magic to get 80 company's many of which are fortune 500 to join their alliance. So to answer your question there is no answer but as these company's go into testing phases and adoption marches along good times will keep going.
We are still in baby market caps, many things to consider but keep that farm running and plan for the future.
ETH is a powder keg that blew everything sky high, the top guys worked some real magic to get 80 company's many of which are fortune 500 to join their alliance. So to answer your question there is no answer but as these company's go into testing phases and adoption marches along good times will keep going.
We are still in baby market caps, many things to consider but keep that farm running and plan for the future.
No party lasts forever, but predicting how long is tricky.
Based on previous altcoin mining bubbles, I'd say less than a year before profitability returns to where it was during the summer of 2016.
Based on previous altcoin mining bubbles, I'd say less than a year before profitability returns to where it was during the summer of 2016.
Lack of GPUs prolongs profitability for those who already have them, or manage to get some.
However, do keep in mind that NVidia makes GPUs too, and they are very profitable on most coins and can often beat AMD on hash/watt even where they lose on hash/$ (mostly ETH ETC and such, and the Cryptonight coins like XMR).
For ZEC (which isn't the most profitable NVidia coin by far but is probably has the second most GPUs mining on it) NVidia is quite close on hash/$ (and might even WIN on some comparisons) WITHOUT FACTORING IN the current AMD "gouge" pricing.
Funny part - folks have been pushing the Skein coins a lot, but I actually ended up making more on something else (that I'm NOT going to mention here, as it's fairly small and I don't want the profitability of it to get overwhelmed by a bunch of newbies or even one BIG farm jumping all over it).
However, do keep in mind that NVidia makes GPUs too, and they are very profitable on most coins and can often beat AMD on hash/watt even where they lose on hash/$ (mostly ETH ETC and such, and the Cryptonight coins like XMR).
For ZEC (which isn't the most profitable NVidia coin by far but is probably has the second most GPUs mining on it) NVidia is quite close on hash/$ (and might even WIN on some comparisons) WITHOUT FACTORING IN the current AMD "gouge" pricing.
Funny part - folks have been pushing the Skein coins a lot, but I actually ended up making more on something else (that I'm NOT going to mention here, as it's fairly small and I don't want the profitability of it to get overwhelmed by a bunch of newbies or even one BIG farm jumping all over it).
Mentioning it or not, it doesn't really matter in the end because it eventually evens out with other coins profitability, lots of people know about whattomine, and also people can check what's hot on trading volume on any exchange especially poloniex which is booming hard... probably you meant SIA,(but it doesn't matter)
SIA went up by a lot last couple of weeks and I jumped on the hype train just today, dual mining eth has finally become more profitable for me...
But Sia is just one of many, generally every altcoin has been pumped since last ~2 months...
I recently tried setting up another mining rig but found out all the profitable GPUs are no longer available at all local stores in my country. According to the distributors, people have been buying GPUs in BULK since April 2017.
At this rate, can GPU mining still be profitable long term? 1 year from now? 3 years from now?
At this rate, can GPU mining still be profitable long term? 1 year from now? 3 years from now?
It's been going on for years just when you think GPU mining is DEAD, A new coin comes along and keeps it a live maybe not right a way but has sense it all started with BTC . so to answer your question ... it may never end for GPU's and switch to a new coin ..If all the coins mined now some how become Useless Or hard to mine with GPU's ..... there maybe a down time point in between coins but it won't stop unless every one completely gives up on GPU's ... which won't happen any time soon....
Same, kind of with some Coins you can mine with CPUs .
Lack of GPUs prolongs profitability for those who already have them, or manage to get some.
However, do keep in mind that NVidia makes GPUs too, and they are very profitable on most coins and can often beat AMD on hash/watt even where they lose on hash/$ (mostly ETH ETC and such, and the Cryptonight coins like XMR).
For ZEC (which isn't the most profitable NVidia coin by far but is probably has the second most GPUs mining on it) NVidia is quite close on hash/$ (and might even WIN on some comparisons) WITHOUT FACTORING IN the current AMD "gouge" pricing.
Funny part - folks have been pushing the Skein coins a lot, but I actually ended up making more on something else (that I'm NOT going to mention here, as it's fairly small and I don't want the profitability of it to get overwhelmed by a bunch of newbies or even one BIG farm jumping all over it).
However, do keep in mind that NVidia makes GPUs too, and they are very profitable on most coins and can often beat AMD on hash/watt even where they lose on hash/$ (mostly ETH ETC and such, and the Cryptonight coins like XMR).
For ZEC (which isn't the most profitable NVidia coin by far but is probably has the second most GPUs mining on it) NVidia is quite close on hash/$ (and might even WIN on some comparisons) WITHOUT FACTORING IN the current AMD "gouge" pricing.
Funny part - folks have been pushing the Skein coins a lot, but I actually ended up making more on something else (that I'm NOT going to mention here, as it's fairly small and I don't want the profitability of it to get overwhelmed by a bunch of newbies or even one BIG farm jumping all over it).
Mentioning it or not, it doesn't really matter in the end because it eventually evens out with other coins profitability, lots of people know about whattomine, and also people can check what's hot on trading volume on any exchange especially poloniex which is booming hard... probably you meant SIA,(but it doesn't matter)
SIA went up by a lot last couple of weeks and I jumped on the hype train just today, dual mining eth has finally become more profitable for me...
But Sia is just one of many, generally every altcoin has been pumped since last ~2 months...
Lack of GPUs prolongs profitability for those who already have them, or manage to get some.
However, do keep in mind that NVidia makes GPUs too, and they are very profitable on most coins and can often beat AMD on hash/watt even where they lose on hash/$ (mostly ETH ETC and such, and the Cryptonight coins like XMR).
For ZEC (which isn't the most profitable NVidia coin by far but is probably has the second most GPUs mining on it) NVidia is quite close on hash/$ (and might even WIN on some comparisons) WITHOUT FACTORING IN the current AMD "gouge" pricing.
Funny part - folks have been pushing the Skein coins a lot, but I actually ended up making more on something else (that I'm NOT going to mention here, as it's fairly small and I don't want the profitability of it to get overwhelmed by a bunch of newbies or even one BIG farm jumping all over it).
However, do keep in mind that NVidia makes GPUs too, and they are very profitable on most coins and can often beat AMD on hash/watt even where they lose on hash/$ (mostly ETH ETC and such, and the Cryptonight coins like XMR).
For ZEC (which isn't the most profitable NVidia coin by far but is probably has the second most GPUs mining on it) NVidia is quite close on hash/$ (and might even WIN on some comparisons) WITHOUT FACTORING IN the current AMD "gouge" pricing.
Funny part - folks have been pushing the Skein coins a lot, but I actually ended up making more on something else (that I'm NOT going to mention here, as it's fairly small and I don't want the profitability of it to get overwhelmed by a bunch of newbies or even one BIG farm jumping all over it).
I recently tried setting up another mining rig but found out all the profitable GPUs are no longer available at all local stores in my country. According to the distributors, people have been buying GPUs in BULK since April 2017.
At this rate, can GPU mining still be profitable long term? 1 year from now? 3 years from now?
At this rate, can GPU mining still be profitable long term? 1 year from now? 3 years from now?
I think the decentralized nature of GPU POW mining is here to stay for the forseable future. There will be peaks for sure, just like the last time there was a run on GPU's back in 2014, until ASIC's moved in to take over Scrypt. However those that stuck it out and kept mining are now benefiting from having done so.
I recently tried setting up another mining rig but found out all the profitable GPUs are no longer available at all local stores in my country. According to the distributors, people have been buying GPUs in BULK since April 2017.
At this rate, can GPU mining still be profitable long term? 1 year from now? 3 years from now?
At this rate, can GPU mining still be profitable long term? 1 year from now? 3 years from now?
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