Post
Topic
Board Mining (Altcoins)
Re: CCminer(SP-MOD) Modded NVIDIA Maxwell / Pascal kernels.
by
bensam1231
on 21/03/2018, 06:29:03 UTC
winter is here, stay strong  Sad

Not yet... Still have to drop another $1500 or network hashrate growth at the current pace will probably do it in a month. It's coming though. New miners are extra stupid and don't have a off button. Not sure who is buying new cards at 2 year ROI, but apparently there is plenty. Just think of where cryptos will be in two years, where they've been two years ago, silly pricing.

I hope from bottom of my heart that this is coming to end this madness of accumulating gpus...

Looks as though it's there, at least for GPUs becoming available and the rush is ending. I'm sure net hash is still going to grow and profits are still going to outstrip BTC growth. Pretty sure $6k was the bottom for mainstream coins and $.1kWh before you start losing on electricity. At the going decrease, it was around 6-6.5k.

Now that bottom is going to rise as net hash continues to rise, just more slowly. Really expensive GPUs are now routinely in stock, but cheaper ones are still sold out. A 1070 is earning .00015 per day and it's still dwindling over this last week.

So, GPU shortage looks like it's coming to a end, but that doesn't mean we'll be making more money, we'll continue to make less per day until the new miner craze has exhausted their funds and maybe they'll gain some common sense.