- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
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 9:06 am to bluebarracuda
Posted on 2/8/18 at 9:06 am to bluebarracuda
Yes he did
0
Posted on 2/8/18 at 9:10 am to bluebarracuda
quote:
But profitability will keep going down on video card mining due to difficulty exponentially increasing
Most coins announce when the blocks become more difficult to mine. Its $2 a day now because BTC is down over 50% from ATH.
If its alt coin mining and they pay in BTC, they will continue to mine easier alts that will continue to rise if BTC goes up.
quote:
speculation
Yea, this thread is full of it, your posts included
Posted on 2/8/18 at 9:21 am to RATeamWannabe
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 on 2/8/18 at 9:24 am to brucevilanch
quote:
Btc going back up has happened before and it's about to happen now.
Posted on 2/8/18 at 9:24 am to RATeamWannabe
It literally took years for it to go back up.
Posted on 2/8/18 at 9:27 am to brucevilanch
Was that when it was down to pennies? Because its over 9k now, I understand it takes time to rebound, but its not some unheard of witchcraft internet thing anymore.
I mean it absolutely is but thats not the point
I mean it absolutely is but thats not the point
Posted on 2/8/18 at 9:32 am to brucevilanch
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
The same thing happened to BTC
Posted on 2/8/18 at 9:58 am to bluebarracuda
quote:
nd ASICs will completely blow GPU mining away when they start getting released
ETA?
Posted on 2/8/18 at 10:05 am to RATeamWannabe
Nah, it was when it went from 250 up to 1200. Everyone bought in with pretty much identical profit margins to compared to two months ago. Then it floundered and profitability hit the floor, just like now. At one point I was averaging around $50 a day with two GPUs, then a month later I was making $15 a day with 6. Your logic is flawed because you're thinking about this as someone who put actual money into it, not from the miner's prospective.
Posted on 2/8/18 at 10:23 am to brucevilanch
is it really because of bitcoin? i thought it was ethereol or whatever?
Posted on 2/8/18 at 10:25 am to sgallo3
It has nothing to do with BTC. It's been unprofitable to GPU mine for years now. Most of these alt coins can be mined and pay out in BTC though
Posted on 2/8/18 at 10:28 am to sgallo3
What Blue said. No one mines Bitcoin with gpus but they can mine other crypto with them. People who don't know any better just lump mining and Bitcoin together.
Posted on 2/8/18 at 10:30 am to brucevilanch
We've been through this mining rodeo multiple times
Posted on 2/8/18 at 10:37 am to bluebarracuda
Indeed. The same pile of shite, just with different day.
Posted on 2/8/18 at 11:18 am to brucevilanch
Thankfully the month or so I mined this time around paid off my 1080s and 1050ti.
Posted on 2/8/18 at 11:23 am to bluebarracuda
frickin nerds
Posted on 2/8/18 at 11:25 am to Mear
I mine for gold. These guys are suckers. Amirite mear amirite!
This post was edited on 2/8/18 at 11:25 am
Posted on 2/8/18 at 11:30 am to el duderino III
What pisses me off even more is why hasn't AMD stock skyrocketed like NVDA? I need the profits to be able to buy a GPU.
ETA: I know that Nvidia has other business opportunities which has boosted their stock. I am just saying, GPU wise AMD is killing it.
ETA: I know that Nvidia has other business opportunities which has boosted their stock. I am just saying, GPU wise AMD is killing it.
This post was edited on 2/8/18 at 11:31 am
Posted on 2/8/18 at 11:30 am to Blitzed
Yeah!
Posted on 2/8/18 at 11:33 am to flyAU
quote:
GPU wise AMD is killing it.
Not really
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News