Post
Topic
Board Mining (Altcoins)
Re: Claymore's Dual Ethereum AMD+NVIDIA GPU Miner v11.9 (Windows/Linux)
by
adaseb
on 30/08/2018, 07:27:28 UTC
Are there people still trying to mine Ethereum with GPUs? ETH is only profitable for ASICs now. We GPU miners would be mining for brake even on a top3 coin which, in a bullrun, can go 4 or 5 times its current price. With 1070s you're basically mining at best for 0,60$ a day hopping to make that 2,40$ if ETH goes over 1000$ ! That is before electricity. Even Claymore hasn't updated his miner for ages.

If you're in need of a good algo which works nice on GPUs and a steady more-than-a-coin project behind it, look into HEX algo (XDNA coin). Already trading at Cryptopia and Crypto-Bridge but it's yet in position 875 based on market cap!

There is no asic for daggerhashimoto algo
What are U talking about?

bitmain brought out an etherium asic miner back in april this year 

That's not an asic.... it's more like a 6 card rig.
An asic should do maybe 1900 Mh/s for a 800 W.

Well the truth is how do we know if Bitmain actually has a "secret" and "private" ETH ASIC but with GDDR5 memory instead of the DDR3 ram they are using with the E3.

If they released this faster ASIC then ETH dev might be forced to fork the algo and it would be useless. So they are just mining privately with it instead of making it public; basically the smart thing to do.