Pages:
Author

Topic: Why is Ethereum actually the only cryptocurrency worth GPU mining? - page 2. (Read 12084 times)

sr. member
Activity: 441
Merit: 250
Miners are also mining other profitable coins such as Feathercoin, Vertcoin, Siacoin and Decred, anything profitable.

Miners are mainly mining the Ethereum as that one has the biggest market cap and there are more buying.
sr. member
Activity: 354
Merit: 250
Miners are also mining other profitable coins such as Feathercoin, Vertcoin, Siacoin and Decred, anything profitable.
sr. member
Activity: 441
Merit: 250
The Ethereum is quite profitable to mine. I heard that many bitcoin users are buying the Ethereum now, so the price is high.

When the Ethereum price is high, people will mine it to make some profits. Miners will chase the most profitable coin.
newbie
Activity: 57
Merit: 0
The Ethereum is quite profitable to mine. I heard that many bitcoin users are buying the Ethereum now, so the price is high.
sr. member
Activity: 441
Merit: 250


The difficulty of the Ethereum mining is rising very fast. It means there are many farms, They could be unprofitable after the price drop.

The difficulty now is similar to 4 days ago. It seems the hashing rate rise is having a pause at the moment.

You can see that every time the DAG-file changes (every 1-2 weeks). All rigs need to download the new file then (1.5 GB) and some Rigs won't update automatically. So they need to get a little kick (deleting old files, downloading new ones, restart the miner software). The pool hashrate loses almost 20% for hours and of course, the difficulty is adjusting then.

The 1.6 GB DAG file is not downloaded from the internet. It is generated locally and transferred to the GPU.
sr. member
Activity: 408
Merit: 259


The difficulty of the Ethereum mining is rising very fast. It means there are many farms, They could be unprofitable after the price drop.

The difficulty now is similar to 4 days ago. It seems the hashing rate rise is having a pause at the moment.

You can see that every time the DAG-file changes (every 1-2 weeks). All rigs need to download the new file then (1.5 GB) and some Rigs won't update automatically. So they need to get a little kick (deleting old files, downloading new ones, restart the miner software). The pool hashrate loses almost 20% for hours and of course, the difficulty is adjusting then.
legendary
Activity: 1174
Merit: 1001
I see an eth coin price rally coming.
If you feel a rally is coming it's better just to buy coins. Looking pretty grim right now though.
Reason why I am buying ETH and mining as well.
sr. member
Activity: 441
Merit: 250
I heard the SIAcoin is most profitable to mine at the moment. But the Etheruem difficulty  is still rising.
full member
Activity: 309
Merit: 118
every new rig

psu       = so all psu ,companies, seasonic ,corsair, rosewill, thermaltake, silverstone, evga
cpu       =  intel + amd,
gpu       =  nvidia + amd
hdd/ssd = drive builders Seagate western digital samsung sandisk
ram       = ram builders  micron samsung hynix

so all of the above make money if eth coin sticks around.  and that list is incomplete.

I see an eth coin price rally coming.


do you think gpu mining has that much of an impact in the bigger custom build pc game?

what percentage of newly built rigs with new parts are for miners do you think? cards are always replaced of course but the rest of the rig?

myself, i just reused an old core 2 rig from my btc gpu days for 2 cards, plus stuck one card in my daily driver to take advantage of games and the fact its on 24/7 anyway. but of course im just a "hobby" miner in it for fun, not like you and others having, well, even more fun Smiley

The difficulty of the Ethereum mining is rising very fast. It means there are many farms, They could be unprofitable after the price drop.

The difficulty now is similar to 4 days ago. It seems the hashing rate rise is having a pause at the moment.

The difficulty level is rising again. It is a new all time high. So the Ethereum mining community is very confident.
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
every new rig

psu       = so all psu ,companies, seasonic ,corsair, rosewill, thermaltake, silverstone, evga
cpu       =  intel + amd,
gpu       =  nvidia + amd
hdd/ssd = drive builders Seagate western digital samsung sandisk
ram       = ram builders  micron samsung hynix

so all of the above make money if eth coin sticks around.  and that list is incomplete.

I see an eth coin price rally coming.


do you think gpu mining has that much of an impact in the bigger custom build pc game?

what percentage of newly built rigs with new parts are for miners do you think? cards are always replaced of course but the rest of the rig?

myself, i just reused an old core 2 rig from my btc gpu days for 2 cards, plus stuck one card in my daily driver to take advantage of games and the fact its on 24/7 anyway. but of course im just a "hobby" miner in it for fun, not like you and others having, well, even more fun Smiley

The difficulty of the Ethereum mining is rising very fast. It means there are many farms, They could be unprofitable after the price drop.

The difficulty now is similar to 4 days ago. It seems the hashing rate rise is having a pause at the moment.
hero member
Activity: 938
Merit: 500
every new rig

psu       = so all psu ,companies, seasonic ,corsair, rosewill, thermaltake, silverstone, evga
cpu       =  intel + amd,
gpu       =  nvidia + amd
hdd/ssd = drive builders Seagate western digital samsung sandisk
ram       = ram builders  micron samsung hynix

so all of the above make money if eth coin sticks around.  and that list is incomplete.

I see an eth coin price rally coming.


do you think gpu mining has that much of an impact in the bigger custom build pc game?

what percentage of newly built rigs with new parts are for miners do you think? cards are always replaced of course but the rest of the rig?

myself, i just reused an old core 2 rig from my btc gpu days for 2 cards, plus stuck one card in my daily driver to take advantage of games and the fact its on 24/7 anyway. but of course im just a "hobby" miner in it for fun, not like you and others having, well, even more fun Smiley

The difficulty of the Ethereum mining is rising very fast. It means there are many farms, They could be unprofitable after the price drop.
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
every new rig

psu       = so all psu ,companies, seasonic ,corsair, rosewill, thermaltake, silverstone, evga
cpu       =  intel + amd,
gpu       =  nvidia + amd
hdd/ssd = drive builders Seagate western digital samsung sandisk
ram       = ram builders  micron samsung hynix

so all of the above make money if eth coin sticks around.  and that list is incomplete.

I see an eth coin price rally coming.


do you think gpu mining has that much of an impact in the bigger custom build pc game?

what percentage of newly built rigs with new parts are for miners do you think? cards are always replaced of course but the rest of the rig?

myself, i just reused an old core 2 rig from my btc gpu days for 2 cards, plus stuck one card in my daily driver to take advantage of games and the fact its on 24/7 anyway. but of course im just a "hobby" miner in it for fun, not like you and others having, well, even more fun Smiley
legendary
Activity: 1311
Merit: 1000

I see an eth coin price rally coming.


If you feel a rally is coming it's better just to buy coins. Looking pretty grim right now though.

legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
The price of Etheruem dropped a lot recently, the difficulty also rises fast. It might not be so profitable to mine in the future.

that is your opinion. But some miners do not agree. They are adding more hashing power to the network now.

The miners ordered the graphics cards and other components before the drop, they had to assemble the mine any way.

Ain't heard of returns?

It seems they did not return. So it seems that they are the believers of the Ethereum and think they can make profit by mining.

The network hashing is around 4250 GH/s at the moment. So the miners are still building new rigs.

those are chinese or someone else with 0.05 electricity, remember that those folks can keep mining until everything is dead basically

In theory I will mine 22 eth coins in the next month making about 220 usd  my power at 18 cents summer rate will be 110

thus a 110 profit.  eth coin will get a new price pump from both nvidia and from amd as both companies can buy eth coins to pump price as a form of advertising .


every new rig

psu       = so all psu ,companies, seasonic ,corsair, rosewill, thermaltake, silverstone, evga
cpu       =  intel + amd,
gpu       =  nvidia + amd
hdd/ssd = drive builders Seagate western digital samsung sandisk
ram       = ram builders  micron samsung hynix

so all of the above make money if eth coin sticks around.  and that list is incomplete.

I see an eth coin price rally coming.
legendary
Activity: 3248
Merit: 1070
The price of Etheruem dropped a lot recently, the difficulty also rises fast. It might not be so profitable to mine in the future.

that is your opinion. But some miners do not agree. They are adding more hashing power to the network now.

The miners ordered the graphics cards and other components before the drop, they had to assemble the mine any way.

Ain't heard of returns?

It seems they did not return. So it seems that they are the believers of the Ethereum and think they can make profit by mining.

The network hashing is around 4250 GH/s at the moment. So the miners are still building new rigs.

those are chinese or someone else with 0.05 electricity, remember that those folks can keep mining until everything is dead basically
legendary
Activity: 3808
Merit: 1723
It will only get worse since Antminers won't be profitable anymore and people will buy GPUs instead.
full member
Activity: 309
Merit: 118
The price of Etheruem dropped a lot recently, the difficulty also rises fast. It might not be so profitable to mine in the future.

that is your opinion. But some miners do not agree. They are adding more hashing power to the network now.

The miners ordered the graphics cards and other components before the drop, they had to assemble the mine any way.

Ain't heard of returns?

It seems they did not return. So it seems that they are the believers of the Ethereum and think they can make profit by mining.

The network hashing is around 4250 GH/s at the moment. So the miners are still building new rigs.

The difficulty is rising and the price is dropping. So maybe in two months time, it will be not profitable to mine.
sr. member
Activity: 254
Merit: 250
The price of Etheruem dropped a lot recently, the difficulty also rises fast. It might not be so profitable to mine in the future.

that is your opinion. But some miners do not agree. They are adding more hashing power to the network now.

The miners ordered the graphics cards and other components before the drop, they had to assemble the mine any way.

Ain't heard of returns?

It seems they did not return. So it seems that they are the believers of the Ethereum and think they can make profit by mining.

The network hashing is around 4250 GH/s at the moment. So the miners are still building new rigs.
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
The price of Etheruem dropped a lot recently, the difficulty also rises fast. It might not be so profitable to mine in the future.

that is your opinion. But some miners do not agree. They are adding more hashing power to the network now.

The miners ordered the graphics cards and other components before the drop, they had to assemble the mine any way.

Ain't heard of returns?

It seems they did not return. So it seems that they are the believers of the Ethereum and think they can make profit by mining.
member
Activity: 81
Merit: 1002
It was only the wind.
The price of Etheruem dropped a lot recently, the difficulty also rises fast. It might not be so profitable to mine in the future.

that is your opinion. But some miners do not agree. They are adding more hashing power to the network now.

The miners ordered the graphics cards and other components before the drop, they had to assemble the mine any way.

Ain't heard of returns?
Pages:
Jump to: