Post
Topic
Board Mining (Altcoins)
Re: GPU mining will die in 2018!
by
simis
on 10/03/2018, 17:13:06 UTC
Profitable GPU mining will die in 2018!

GPU mining = CPU mining soon.

Smart CPU mining can still be profitable.

I've got ~75 single CPUs doing about ~16KH on Cryptonight... each one cost me $20-35 bucks (Xeon X5660/X5670). So average $27.50 each = $2062.50 cost for around $700 a month even at todays low profit (they have more than paid for themselves during the peak times in my case).

Also quite a few used quad-CPU servers crunching away...

Now... buying NEW CPUs with the express purpose of mining is NOT a good idea... but used gear can do nicely.

This tactics works on GPU mining too, soon we can buy old GPU´s for $20-35 again, they will still earn something. Not much but something.