Post
Topic
Board Mining (Altcoins)
Re: Fourth alt coin thread last three got oversized.
by
ToTheMoon888
on 12/07/2017, 05:16:50 UTC
Is it just me or is GPU mining dying a very quick death?  
The profitability of Ethereum mining is highly correlated to the profitability of all gpu mining.  As Ethereum becomes less profitable, people switch their rigs to other coins, which in turns makes their difficulty go up.
Ethereum's difficulty is going up exponentially, and I am also hearing there will be a halving within a month (is this true)?

Of course there is some equilibrium.  Eventually mining becomes unprofitable enough that many quit and the difficulty goes down.  But the only players left competing will be those with sub 4 cent electricity and those who have access to big bulk discounted deals on GPUs and other parts.   I assume that the ROI will be around 12-16 months when this happens and that will probably be as bad as it gets.  

It seems like the only thing that can spark a resurgence in GPU mining is if the price of coins go way up.  And I'm thinking at least 5x higher than they are now (which is very possible).  

Would like to hear some of your thoughts on the future of GPU mining and the best strategies moving forward.