Hello my friends!
As every new one who thinking to start mining now, I also have a question.
I will buy this week my first two RX580 8GB and I'm just wondering.. is this a good move? Should I do it or not, should I try it and may in the near future will the profit be a little more?
I'm planning to buy another two of them soon, but may this is just one way road with "near death" and all this is happening without a purpose?
Thanks for you help!
With this ASIC miner you get 14TH/s
you need several GPUs to do that
https://www.amazon.com/gp/product/B075MH4HSL/ref=as_li_qf_sp_asin_il_tlSo makes one think of the future of GPU mining
With this ASIC you can mine BTC only because it is made only for 1 algorithm
With GPU rx 580, you can mine Xy number of coins and differents algorithms
True but just showing the huge performance difference for ppl mining specific algo
amsure may people mine specific coin like zcash, ethereum, litecoin etc..i mean those are the major coins anyways
so imagine an ASIC for those? that is not even close for GPU
for me am still GPU because coins am interested in dont have ASIC
There is no such ASIC for those kind of coins (Equihash, Ethash.. ETc)
And i guess there won't be any ASIC regarding those algorithms. Why?
1. Because Nvidia and AMD can close the factories then
2. All GPU miners will switch to some other algorithms and they will kill eachothers profits..
So if you are asking me, there will always be CPU/GPU mining.
Thats only my opinion.