Post
Topic
Board Altcoin Discussion
Re: GPU mining= profitability going down the drain.
by
wasamata
on 10/03/2014, 16:01:14 UTC
any miner that thinks these levels are unprofitable, please take your hash offline, sell your cards and move to florida
those that mined through last summer 'at those profit levels' laugh in your general direction

+1 to this.  BTC under $100 per was no fun.  Still made profit though.

Mined straight through it like a boss.

Not sure you really understand the point here. Earning 0.017 btc per day from a 3 mhs rig is barely breakeven where I am due to high power costs.
When I bought my rig it was twice that. GPU's dont mine bitcoin these days they point at a multipool. Most multipools simply flog scrypt alt coins (non asic resistant).
Since the past few weeks gridcoin has come on board as the first ever script asic miner and as a result alt profitability mining went down (halved).
The question is now if a coin will be worthwhile mining anymore for GPU's or gameover.