Started By
Message

re: what in gad's name has happened to gpu prices over the last two months???

Posted on 2/8/18 at 9:21 am to
Posted by brucevilanch
Fort Worth, Tejas
Member since May 2011
24334 posts
Posted on 2/8/18 at 9:21 am to
The entire point is that it's not profitable to the casual miners. The people who bought up all these cards aren't the ones who have been dedicated to it for years. These same people will dump them just as quick as they bought them. Electricity cost plays the biggest role and it isn't cheap or free. When I ran just 6 cards, my electric bill was $150-$200 more a month than normal. People aren't going to mine when they're taking a loss at the end of the month. They're especially not going to take that loss with just the hope of Btc going back up. Gpu dumping has happened before and it's about to happen now.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25961 posts
Posted on 2/8/18 at 9:24 am to
quote:

Btc going back up has happened before and it's about to happen now.
Posted by bluebarracuda
Member since Oct 2011
18286 posts
Posted on 2/8/18 at 9:32 am to
And ASICs will completely blow GPU mining away when they start getting released, and it will make the difficulties of each coin soar through the roof. All these alt coins use the same algos, so ASICs will just keep switching to the most profitable algo making it impossible for GPU miners to keep up.

The same thing happened to BTC
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram