Quote from: Raja_MBZ on November 19, 2018, 07:53:50 PM

Quote from: FloppyPurpleGherkin on November 19, 2018, 07:50:09 PM

Quote from: Bojcha on November 19, 2018, 07:38:47 PM

Anyone still gpu mining? Grin

Have a look at Claymores ETH devfee addresses, Oh yes people are still mining with GPU's but no where near as many as this time last year!

Only those who have an access to very cheap-to-free electricity are still mining. Roll Eyes

Check this out:

How the Crypto Collapse is Hurting Nvidia

https://www.investopedia.com/news/how-crypto-collapse-hurting-nvidia/

Moreover, NVIDIA Stock has plummeted and wiped away 18 months of gains already within two days.

Can someone please define what price is consider to be cheap electricity?
I am still mining at $10c/KWH during sleep, is it cheap? I have been scaled back from a tiny mining farm to just a few dual gpu gaming rigs now. I haven't played any games for many years. The games are a lot better now than the past w/ the dual 1080 gpus. I remember gamers used to complain about the miners, now they are trolling the miners.

When eth price rises, hashpower also increases and mining difficulty increases even faster. So most miners are not very profitable unless the eth price jumps even faster. (make small net profit)
However, when eth price drops, hashpower also drops but the difficulty drops much slower than the hashpower; therefore, mining becomes extremely unprofitable. (lose big time in energy and equipement cost)

As we speak, epoch approaches 228 very soon. W/O update claymore miner will halt by Oct. After eth upgrade to constantinople, probably will reach epoch 299 even sooner.