Topic: Will mining altcoins on video cards be relevant in the next bull cycle? - page 2. (Read 360 times)
May 25, 2023, 12:13:45 PM
3 bullruns! 2013-2017-2021
May 24, 2023, 01:31:12 PM
We saw 2 bull runs in 2017 and 2021. At that time, mining brought a very large profit, sometimes a video card paid off in a few months.
Do you think that next alt season will be profitable mining and video cards will rise in price again?
In 2017 and 2021, mining on video cards was occupied by the ethereum coin.Do you think that next alt season will be profitable mining and video cards will rise in price again?
For profitable mining on video cards, you will need a new coin that will be resistant to mining on asics, and so that asics do not make mining on video cards useless.
There are no such coins in this list yet https://www.hashrate.no/coins
May 24, 2023, 11:02:32 AM
We saw 2 bull runs in 2017 and 2021. At that time, mining brought a very large profit, sometimes a video card paid off in a few months.
Do you think that next alt season will be profitable mining and video cards will rise in price again?
Do you think that next alt season will be profitable mining and video cards will rise in price again?
It always has been, so it would be a pretty wild change if they no longer were. It's possible though. Most algorithms now have ASICs and if they don't then ASICs or FPGAs can still be created rather quickly to take advantage of anything new. That certainly puts GPUs on the back burner. However, with AI being a massive user of GPUs I would think an obvious solution to this would be a blockchain that somehow powered AI creations using GPUs. If something like this gets created, I could see it's coin being an extremely valuable to "mine" asset.
May 24, 2023, 07:29:50 AM
We saw 2 bull runs in 2017 and 2021. At that time, mining brought a very large profit, sometimes a video card paid off in a few months.
Do you think that next alt season will be profitable mining and video cards will rise in price again?
Do you think that next alt season will be profitable mining and video cards will rise in price again?
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