what can I mine now with the vega 56 rig?

0xcosmos

full member

Activity: 585

Merit: 110

Quote from: MingMining on September 10, 2019, 11:31:49 PM

I am now mining Monero using a vega 56 rig. With new xmr algo planning to roll out in coming Oct., GPU mining for Monero is inefficient so I am going to stop mining it using GPU. But the problem is, what can I mine now with the vega rig?

you can also mine eth and other ethash based altcoin
also zcoin with mtp algo
beam
check out the coin with the most profitability and go for it

CryptoGirl.y

sr. member

Activity: 631

Merit: 260

Quote from: MingMining on September 10, 2019, 11:31:49 PM

I am now mining Monero using a vega 56 rig. With new xmr algo planning to roll out in coming Oct., GPU mining for Monero is inefficient so I am going to stop mining it using GPU. But the problem is, what can I mine now with the vega rig?

Perhaps a good idea would be to get rid of them until they are completely worthless after a hardfork on RandomX
I would exchange them for GPU from NVidia or for L3+. At least L3+ has a quick payback now, after the hash rate of the Litecoin network has decreased.

specumining

jr. member

Activity: 61

Merit: 1

Crypto Miner and Crypto Enthusiast!

I would look into veruscoin.io. There is some big stuff going on over there.

Testnet Merge-mining, Cross-chain Sends and In-wallet Currency Conversion!

Coming soon.

GL

boris1044

jr. member

Activity: 42

Merit: 2

Quote from: MingMining on September 10, 2019, 11:31:49 PM

I am now mining Monero using a vega 56 rig. With new xmr algo planning to roll out in coming Oct., GPU mining for Monero is inefficient so I am going to stop mining it using GPU. But the problem is, what can I mine now with the vega rig?

I use this website https://www.coinwarz.com/cryptocurrency

Better than whattomine to find out lesser-known altcoins to mine.

Grumo

member

Activity: 430

Merit: 22

Professional user

Quote from: adaseb on September 12, 2019, 12:06:01 AM

Quote from: Grumo on September 11, 2019, 06:43:36 AM

Quote from: MingMining on September 10, 2019, 11:31:49 PM

I am now mining Monero using a vega 56 rig. With new xmr algo planning to roll out in coming Oct., GPU mining for Monero is inefficient so I am going to stop mining it using GPU. But the problem is, what can I mine now with the vega rig?

vega were unefficient earlier . now they cant mine anything with good profits . they drain too much power. and these times there is nothing so much profit to mine ..
i suggest you to look at epic coin , you can mine progpow or c29
or you can try ckb but i dont know if there is opecl miner

Are these GPUs really that power hungry? I've never owned one but keep checking eBay and the prices seem to be coming down and wanted to pick up a couple.

Comparing this GPU however to my old RX 470 4GB it seems its more unprofitable than the Polaris GPUs. Basically the XMR mining currently yields the same profits as my RX 470. And if switching the VEGA to ETH mining it produces like 9 cents per day instead of 14 cents with the RX 470 4GB.

Anyone know how it will perform with ProgPOW for the possible Ethereum fork algo change which might happen in 2020 ?

yes they hash more only for some algos... and they are very power hungry... i have been always in loss with that cards for a year till i sold on ebay.
it maybe that people want to give away their cards now too so the prices are going down. vegas were good in 2017 when they came out

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: Grumo on September 11, 2019, 06:43:36 AM

Quote from: MingMining on September 10, 2019, 11:31:49 PM

I am now mining Monero using a vega 56 rig. With new xmr algo planning to roll out in coming Oct., GPU mining for Monero is inefficient so I am going to stop mining it using GPU. But the problem is, what can I mine now with the vega rig?

vega were unefficient earlier . now they cant mine anything with good profits . they drain too much power. and these times there is nothing so much profit to mine ..
i suggest you to look at epic coin , you can mine progpow or c29
or you can try ckb but i dont know if there is opecl miner

Are these GPUs really that power hungry? I've never owned one but keep checking eBay and the prices seem to be coming down and wanted to pick up a couple.

Comparing this GPU however to my old RX 470 4GB it seems its more unprofitable than the Polaris GPUs. Basically the XMR mining currently yields the same profits as my RX 470. And if switching the VEGA to ETH mining it produces like 9 cents per day instead of 14 cents with the RX 470 4GB.

Anyone know how it will perform with ProgPOW for the possible Ethereum fork algo change which might happen in 2020 ?

Grumo

member

Activity: 430

Merit: 22

Professional user

Quote from: MingMining on September 10, 2019, 11:31:49 PM

I am now mining Monero using a vega 56 rig. With new xmr algo planning to roll out in coming Oct., GPU mining for Monero is inefficient so I am going to stop mining it using GPU. But the problem is, what can I mine now with the vega rig?

vega were unefficient earlier . now they cant mine anything with good profits . they drain too much power. and these times there is nothing so much profit to mine ..
i suggest you to look at epic coin , you can mine progpow or c29
or you can try ckb but i dont know if there is opecl miner

Turkish88

full member

Activity: 714

Merit: 104

Vega can mine only Cryptonight with high ROI.
Look at cryptunit for available coins

MingMining

member

Activity: 202

Merit: 10

Eloncoin.org - Mars, here we come!

I am now mining Monero using a vega 56 rig. With new xmr algo planning to roll out in coming Oct., GPU mining for Monero is inefficient so I am going to stop mining it using GPU. But the problem is, what can I mine now with the vega rig?

Topic: what can I mine now with the vega 56 rig? (Read 406 times)