Topic: Why is Ethereum actually the only cryptocurrency worth GPU mining? - page 4. (Read 12025 times)

Quote from: Marvell1 on May 26, 2016, 02:01:50 AM

In my place, the 970 and 390 cost the same. So for me, it is better to buy the 390. It also has 8GB memory.

If the Ethereum last more than 2 years, we might need big memory size to minimize the hash rate decrease.

That is right. That is the reason why I mine with 8 GB and 4 GB cards. I have 280x, but they are hashing less and less.

yeah i dumped around 30 280x on ebay last week $200 per card or so not bad considering oi bought them about a year ago for $220 a card and have mined thousands of eth with them over the last year.

Are you buying the 490 or other high end cards?

Buying Nanos since they use like half the power or less even

24.6 mhs for 100 watts on a nano vs 20mhs and 220 watts for a 280x no brainer for me, my farm will be smaller but cooler and more efficent, also the nanos seem to be able to run for days withnoute reboots or anything

one 6 gpu nano rig has been running for two weeks never had to do anything to it, some of my 280x rigs are flakey and i need to reboot them daily.

Same thing goes for the 390s they run for days with no issues but they pull like 260 watts using claymore and generate a ton of heat, im dumping those too

buying nano right nano, is a bit stupid, too much in cost, you will pay upfront your electricity

better wait for new amd, so the nano price will be discounted heavily, i'm also sure that the new polaris or vega will match the nano in MH/w

Nano is good option for long term vision and you can resell in the future better then other cheap cards.

Amph

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Quote from: mastica on May 25, 2016, 04:34:48 PM

Quote from: adaseb on May 25, 2016, 07:47:28 PM

In my place, the 970 and 390 cost the same. So for me, it is better to buy the 390. It also has 8GB memory.

If the Ethereum last more than 2 years, we might need big memory size to minimize the hash rate decrease.

That is right. That is the reason why I mine with 8 GB and 4 GB cards. I have 280x, but they are hashing less and less.

yeah i dumped around 30 280x on ebay last week $200 per card or so not bad considering oi bought them about a year ago for $220 a card and have mined thousands of eth with them over the last year.

Are you buying the 490 or other high end cards?

Buying Nanos since they use like half the power or less even

24.6 mhs for 100 watts on a nano vs 20mhs and 220 watts for a 280x no brainer for me, my farm will be smaller but cooler and more efficent, also the nanos seem to be able to run for days withnoute reboots or anything

one 6 gpu nano rig has been running for two weeks never had to do anything to it, some of my 280x rigs are flakey and i need to reboot them daily.

Same thing goes for the 390s they run for days with no issues but they pull like 260 watts using claymore and generate a ton of heat, im dumping those too

buying nano right now, is a bit stupid, too much in cost, you will pay upfront your electricity

better wait for new amd, so the nano price will be discounted heavily, i'm also sure that the new polaris or vega will match the nano in MH/w

QuintLeo

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Quote from: mastica on May 25, 2016, 04:34:48 PM

In my place, the 970 and 390 cost the same. So for me, it is better to buy the 390. It also has 8GB memory.

If the Ethereum last more than 2 years, we might need big memory size to minimize the hash rate decrease.

That is right. That is the reason why I mine with 8 GB and 4 GB cards. I have 280x, but they are hashing less and less.

Ethereum will not last 2 years. I am pretty sure that it will go POS before the 2GB cards can't mine anymore. Buying GPUs with 4 or 8GB is a waste of money.

Even if it doesn't go POS, then the difficulty will be too high for any decent profits.

It's due to go POS sometime next year. Looks a bit marginal for anythign past ONE year at this point, and the DAG size growth is guarenteed to keep eroding hashrate.

X11 ASIC have been seen - but in TINY quantities that appear to have had no noticeable difference on the network hashrate. That SHOULD change soon, but it's not happened YET.

Only 2Gig cards I have (and am mining with) were either already on hand (my NVidia stuff and some leftovers from Litecoin/X11 mining days), one VERY cheap HD7870 that's well on the way to paying for itself, and a couple of GTX 750ti small form factor cards I was going to get for the machines they are going into anyway eventually.
I doubt I'll bother with any more 2Gig cards - I've pretty much filled up every open PCI-E slot I had available (living situation RIGHT NOW precludes going open-case and risers, that should change after I move this summer) so even cheap used stuff is about out of attractiveness for now.

Marvell1

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In my place, the 970 and 390 cost the same. So for me, it is better to buy the 390. It also has 8GB memory.

If the Ethereum last more than 2 years, we might need big memory size to minimize the hash rate decrease.

That is right. That is the reason why I mine with 8 GB and 4 GB cards. I have 280x, but they are hashing less and less.

yeah i dumped around 30 280x on ebay last week $200 per card or so not bad considering oi bought them about a year ago for $220 a card and have mined thousands of eth with them over the last year.

Are you buying the 490 or other high end cards?

Buying Nanos since they use like half the power or less even

24.6 mhs for 100 watts on a nano vs 20mhs and 220 watts for a 280x no brainer for me, my farm will be smaller but cooler and more efficent, also the nanos seem to be able to run for days withnoute reboots or anything

one 6 gpu nano rig has been running for two weeks never had to do anything to it, some of my 280x rigs are flakey and i need to reboot them daily.

Same thing goes for the 390s they run for days with no issues but they pull like 260 watts using claymore and generate a ton of heat, im dumping those too

adaseb

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adaseb

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In my place, the 970 and 390 cost the same. So for me, it is better to buy the 390. It also has 8GB memory.

If the Ethereum last more than 2 years, we might need big memory size to minimize the hash rate decrease.

That is right. That is the reason why I mine with 8 GB and 4 GB cards. I have 280x, but they are hashing less and less.

Ethereum will not last 2 years. I am pretty sure that it will go POS before the 2GB cards can't mine anymore. Buying GPUs with 4 or 8GB is a waste of money.

Even if it doesn't go POS, then the difficulty will be too high for any decent profits.

mastica

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In my place, the 970 and 390 cost the same. So for me, it is better to buy the 390. It also has 8GB memory.

If the Ethereum last more than 2 years, we might need big memory size to minimize the hash rate decrease.

That is right. That is the reason why I mine with 8 GB and 4 GB cards. I have 280x, but they are hashing less and less.

yeah i dumped around 30 280x on ebay last week $200 per card or so not bad considering oi bought them about a year ago for $220 a card and have mined thousands of eth with them over the last year.

Are you buying the 490 or other high end cards?

Marvell1

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In my place, the 970 and 390 cost the same. So for me, it is better to buy the 390. It also has 8GB memory.

If the Ethereum last more than 2 years, we might need big memory size to minimize the hash rate decrease.

That is right. That is the reason why I mine with 8 GB and 4 GB cards. I have 280x, but they are hashing less and less.

yeah i dumped around 30 280x on ebay last week $200 per card or so not bad considering oi bought them about a year ago for $220 a card and have mined thousands of eth with them over the last year.

Docnaster

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Quote from: Amph on May 24, 2016, 06:21:28 AM

In my place, the 970 and 390 cost the same. So for me, it is better to buy the 390. It also has 8GB memory.

If the Ethereum last more than 2 years, we might need big memory size to minimize the hash rate decrease.

That is right. That is the reason why I mine with 8 GB and 4 GB cards. I have 280x, but they are hashing less and less.

ol92

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Quote from: ol92 on May 24, 2016, 04:25:17 AM

Quote from: Amph on May 22, 2016, 04:33:52 PM

Quote from: Tmdz on May 22, 2016, 04:20:28 PM

Its a combo of the coin price, mining rewards and difficulty.

It will take a long time to roi if you don't own any preexisting gear already. The 280x only hashes about 20 mh and if you spent 80 for the psu and 200 for the gpu that's $280, so you are looking at more than 3 months with free electricity. Which I guess isnt bad but not that long ago you could payoff gpu's in about a month, also difficulty is continuing to rise more with the high value of eth.

you don't need to roi on equipment, only on gpu, equipment are always useful for future upgrade and future mining

everyone here is talking like the mining will die after ethereum, there is nothing more wrong

we will talk about another more profitable coin in 1-2 years, guaranteed...

possible : yes
probable : I tend to agree
guaranteed : lol
This happened with litcoin, then dodge (less than the others at least in amount of time) then ethereum (probably more than the others two combined). Three time (after bitcoin : I count only coins which have been able to provide profitable mining for a large amount of miners and a significant period) : do you think it is enough to be so sure it will happen again?

yes because i don't look specifically at a single coin, i look at the whole time frame where there was profitability, and late-2013-end summer of 2014, blow out of the water the current time frame for etehreum porfitabilitym, by a long shot

yes instamining does count, if you like it or not it's always profit, and yes now it's not possible anymore, but from time to time some good early mined coin show up and give you enormous profit

High profitability for mass miners has been for short windows periods only.
Of course more clever miners, targeting carefully chosen coins at launch or when unknown from the masses and carefully selling the earned coins at right times have been highly profitable for most of the time : but this is not for the big masses of miners and it requires investing a lot of time.

Moreover, the past is not enough to predict the future.
Investing in mining always present some risk.

Almat

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