Quote from: huntingthesnark on February 08, 2019, 02:40:19 PM

Quote from: swogerino on February 08, 2019, 02:18:35 PM

Quote from: huntingthesnark on February 08, 2019, 02:03:44 PM

Quote from: swogerino on February 08, 2019, 01:25:22 PM

A mining rig with 8 of these cards, riserless board would be great with 0.72 Ghs speed of mining in a single board. It is a lot better than E3 Antminer and it can also mine other coins, it should also shine on cryptonight algorithm. It is expensive to build such rig right now wih profitability down but for any believer in crypto it is wise to build such rig.

Dude, you mined any cryptonight coin recently? They are asic-ed to fook.

Even if these 7s double the CN hashrate of the 64 and power use stays the same (neither of which seems likely), you'd still only be breaking even on electric costs.

I am mining since 2014 but I already noted only build one for those who believe in the future of crypto not the ones who are in for the quick buck. Crypto needs real hardcore miners and not kiddies who want to make that quick buck. Mining is not for everyone in case you haven't noticed yet.

I am mining cryptonight Heavy with Nvidias still do 500 h/s with a 1060.

Kiddies? haha. If only! Nice to meet a real hardcore miner though. I have been mining for about the same time, but CN has never been so bad. Now a £2k Vega rig will 'make' c.$40 usd a month, and costs £90 a month to run here in the UK. The maths does not look good.

Indeed, you mention the future of crypto, but there cannot be many who are willing to run at such a loss. I fear many of these Pow networks will fall, as they require running at a significant loss. It is not a practical place to be.

The future likely lies in broadly available and affordable FPGA devices that are easy to program with a wide array of bitstreams available. GPU mining will eventually die, there's no doubt about it, just as ASIC mining will. What people forget is that everyone should have the same fair access to the network to participate. This is what satoshi's vision was. One should not have to invest 2000+$ in a GPU rig or an ASIC with high electricity costs to make a few cents a day.

Mining just because you're a hardcore miner doesn't make sense at some point, at least when you have more than say 2 rigs. I've been in the game since 2015/2016 but recently changed the way I operate by mining on solar power only (I made my own smart mining algo using a bit of scripts and ingenuity, check the 8th altcoin thread if you want more info). I mine less coins a day, but it's 100% profit.