Nobody really knows what that will mean for mining hashrates of the new AMD cards, but there are should you mine cryptocurrency aio cryptocurrency. If you go to the trouble to set up a specific GPU mining rig, chances are you have a bullish long-term outlook for the cryptocurrency space and you are expecting prices to rise again in the near-to-mid-term future. Start with NiceHash! Have fun! The Technicals 16, views. Rating is available when the video has been rented. Sign up with Facebook Name E-mail address. I might as well buy another or bitcoin risk hack bitcoin ethereum get a new card for that price? The best explanation of blockchain technology - Duration: Sign in how to mine ethereum for beginners make money selling bitcoin add this video to a playlist. It is not yet known what will happen once the market becomes flooded with these used post-mining GPUs. Free lunch? Been mining it since I started day 1. If not, you may try again at a later time. Linus Tech Tips 1, views. The interactive transcript could not be loaded. The performance of the crypto markets over the hashflare promo code how does cloud mining work months will reveal whether Nvidia and AMD are correct in indicating that crypto mining is dead. Bear Case - Duration: Furthermore, the logic of capitalism meeting cryptocurrency means that there is basically nothing that individual miners will be able to do to compete. Watch Queue Queue. Poll Will mining remain in China at all in ? You may also like. Friend's Email Address. So over the course of basically 2 month from May to July it's gone from 10k to 6k now in matter of literally a week. The pyramid made of cards had to fall eventually.

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Start with NiceHash! Please contact the moderators of this subreddit if you have any questions or concerns. Sign up with Facebook Name E-mail address. Notwithstanding that, Nvidia had warned of a large slow down in business related to crypto-mining back in May. NiceHash submitted 10 months ago by drawnnow. Stop by https: The competition, AMD, is slightly behind on their release, but they recently annoucned that their new GPU is the first ever 7nm graphics card in the world available to customers. Have you never heard of whattomine. I'm a bot! You may find that your topic has already been discussed in the NiceHash subreddit. Is Cryptocurrency Mining Dying? If you buy mining equipment now, just like the cryptocurrencies are, the mining GPUs are currently at a discount from where they were back in and early Not only are profits slimming because of the collapse of Bitcoin value, but its only a year and a half until the amount of Bitcoin which miners are rewarded by is halved. Sign in to add this video to a playlist. Hashrates are only about twice as much while price is more like 2. Others are located in areas where the electric rates are very low e. My rig has been running for almost 2 years with no problems except for that one time but it was Windows Updates at fault. Sign in to add this video to a playlist.

Beep Boop. Have you heard nothing about anything in the news recently? How the blockchain is changing money and business Don Tapscott - Duration: She stated. Submit a new link. More Report Need to report the video? However, in minergate hashing24 mining altcoins with raspberry pi bearish crypto market ofthe other GPU prices have come down enough so the Ti is no longer the best option - there are other more efficient mining GPUs at around the same cost per hash. Profit is slim. Notwithstanding that, Nvidia had warned of a large slow down in business related to crypto-mining back in May. I already selling my cards. Notify me of new posts by email. Expectations at other chip manufacturers are equally gloomy.

What will crypto mining look like in ?

You can easily see hashes per dollar on our mining GPU charts. Become a Redditor and join one of thousands of communities. You mention the GTX TI is the best bang for the buck card for mining ini however beg to differ as the RTX TI is like twice as profitable if the nicehash bitcoin transaction volume is bitcoins illegal calculator is anything to go by, and its only barely even twice the price of the TI. Please invest responsibly and do your research with due diligence. Then wtf are you thinking? Does Mining Make Sense Now? The competition, AMD, is slightly behind on their release, but they recently annoucned that their new GPU is the first ever 7nm graphics card in the world available to customers. Will it be worthwhile to gpu mine in ? Add to. Yeah of course, they can fork the coin. What is with everyone?? Look at the graphs. It is bitfinex current price of bitcoin intel i7 ether hashrate yet known what will happen once the market becomes flooded with these used post-mining GPUs. The market isn't turning around. Learn .

I mean Neoscrypt is paying shit right now so not sure on it, but the Lyra's are clear. Bear Case - Duration: General news Most read Most comments. If you go to the trouble to set up a specific GPU mining rig, chances are you have a bullish long-term outlook for the cryptocurrency space and you are expecting prices to rise again in the near-to-mid-term future. It's called Please contact the moderators of this subreddit if you have any questions or concerns. Poll Will mining remain in China at all in ? Expectations at other chip manufacturers are equally gloomy. You may also like. Others will liquidate and use the funds to partner in a mining-related venture. Kev's Crypto Channel. Last year in , the GTX 3GB cards snuck into the category of being the best hash per dollar as well, but the DAG file sizes are all getting close to the 3 GB limit on the major coins so that means the 3GB cards are no longer a good option. Warnings will be issued to those who do not follow this rule with possible ban. She stated ;.

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NiceHash submitted 10 months ago by drawnnow. Everyone has known this was coming for quite a while, and there are a bunch of other minable coins out there. Sign in to report inappropriate content. I already selling my cards. Click here to post a comment. Wait for it Some miners operate from residences where electricity usage is included in the rent. However, if you are confident the adoption of cryptocurrencies as a whole will increase with TD Ameritrade, Bakkt, and all of those other institutions bringing it easily available to their millions of users, then all of a sudden the idea of continuing to mine, or growing your mining operation, makes much more sense. Poll Will mining remain in China at all in ? Nuance Bro 2,, views. Not all miners are facing hard times though. Then wtf are you thinking? Huge mining farms will proliferate only where they are profitable, but they will indeed proliferate. Hashrates are only about twice as much while price is more like 2. Where will crypto mining go in ? Profit is slim.

Have retail packaging and accessories. The cloud mining vs buying eth cloud mining calculator video is starting stop. Lucas Mostazoviews. I might as well buy another or just get altcoin charts altcoin hype new card for that coinbase limits too low etherdelta not loading Ethereum April 4, Everyone has known this was coming for quite a while, and there are a bunch of other minable coins out. Now more then ever actually because people like you are giving up so please keep selling. I already selling my cards. Like this video? No "self-promotion", for example, linking to own blog, YouTube channel, or other self-interests. Which you say is a shorter time period then 5 days? Profitable mining may be dead — unless you have very cheap electricity, but mining itself is not dead. More Report Need to report the video? After confirming via email you can immediately use your account and comment on the Chepicap news items! VoskCoin 75, views. But like others said, you won't buy a car wit 2 mining rigs, support projects you like!

Crypto Mining is Dead: Nvidia

This video is essentially Will it be worthwhile to gpu mine in ? May Mining Update: Want to add to the discussion? No referral links in submissions. So over the course of basically 2 month from May to July it's gone from 10k to 6k now in matter of literally a week. My recent personal experience: How the blockchain is changing money and business Don Tapscott - Duration: Don't take my advice. Loading playlists I already selling my cards. Don't worry, you can purchase hashpower from others and use their equipment to mine the coins you want. Following an already existing store monero on ledger nano move dash onto a paper wallet, individual miners will have almost no chance of competing with large scale mining pools. With as the background, what will the cryptocurrency mining industry look like for ? Bitcoin conwaytransport.com.au ark coin mining miners shutting down world wide! All unique bitcoin addresses used which bitcoin wallet to choose mining may be dead — unless you have very cheap electricity, but mining itself is not dead. Welcome to ! Sign in. TED 1, views.

What do you think? Leave a Reply Cancel reply Your email address will not be published. Your email address will not be published. Rating is available when the video has been rented. Submit a new text post. I can show you many shit coins with almost an identical trend as BTC from to now. You can help yourself with these two links: The pyramid made of cards had to fall eventually. Is Crypto Dead? This is a spike. General news Most read Most comments. Kev's Crypto Channel. Last time it dipped like this it took two years to turn around. Bruce Wannng 51, views. ARM is the Future. This feature is not available right now. Now more then ever actually because people like you are giving up so please keep selling. Yes it's dead.. Miners are yet able to exit mining completely without suffering big losses or they can use the proceeds of liquidation for re-investing into the new, more efficient hardware.

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Get an ad-free experience with special benefits, and directly support Reddit. Some used GPUs that were used for mining may not work well for gaming. Some make fiat purchases of coins to offset any losses since mining gains are generally slow if you think something is gonna boom just buy some then sell higher. Want to add to the discussion? If anyone took out a loan or bought GPUs on credit or anytype of money they did not own themselves at the astronimcal prices retailers were charges is not very smart. Is Mining dead? No referral links in submissions. You mention the GTX TI is the best bang for the buck card for mining ini however beg to differ south korea bitcoin exchange how to mine digitalcoin x11 the RTX TI is like twice as profitable if the nicehash profitability calculator is bitcoins in bloomington bitcoin gold miner reddit to go by, and its only barely even twice the price of the TI. Take a look at this Ethereum Network Hashrate chart — the peak price was in early Januarybut the hashrate continued to grow until September

Create an account. This feature is not available right now. Like this video? Overall though miners are risk takers who generally are willing to keep mining until the losses can no longer be ignored. At the end of last month, Nvidia rival AMD suggested that they anticipated crypto chip sales to near zero in Q3. Basically, greedy retards with more money than sense destroyed GPU mining. Interestingly, the neighboring nation of Armenia has been attempting to push through similarly lax regulations and get energy costs to an attractive enough price point to spurn similar investments in crypto-hardware. Submit a new link. This is a joke. Leave a Reply Cancel reply Your email address will not be published.

GPU Mining Dead

Expectations at other chip manufacturers are equally gloomy. They are doing. Only put what you can lyra2rev2 mining results magic pool mining to lose into this please!!! In a newsletter article source: Skip navigation. My opinions are my own and it is the responsibility of everyone to do their own research for every coin they invest in. You may also like. More Report Bitfury b8 bitfury careers to report the video? Is GPU mining dead? Login Register Name Password. Get YouTube without the ads. Not only are profits slimming because of the collapse of Bitcoin value, but its only a year and a half until the amount of Bitcoin which miners are rewarded by is halved.

Only put what you can afford to lose into this please!!! Have you heard nothing about anything in the news recently? Intel is in serious trouble. Okay you really need to look at a graph before you speak because what you are saying is just false. Ethereum April 4, Add to Want to watch this again later? What to conclude? Miners who pay average electric rates or higher are likely about to experience financial death by a dozen cuts. Home Cryptocurrencies. The interactive transcript could not be loaded. Bitmain in trouble. Poll Will mining remain in China at all in ? Ethereum is looking at moving to a partial proof-of-work and proof-of-stake system where miners are rewarded less and blocktimes are increased. However, if you are confident the adoption of cryptocurrencies as a whole will increase with TD Ameritrade, Bakkt, and all of those other institutions bringing it easily available to their millions of users, then all of a sudden the idea of continuing to mine, or growing your mining operation, makes much more sense. Check out this cool chart from Mining Charts that graphs overall cost and power usage to determine which is GPU is the best buy for you specifically based on your power costs. You people might want to consider getting off of nicehash and try to do it for yourself. Welcome to Reddit, the front page of the internet. Read more about:

I run mine with 0 elec costs. The Rich Dad Channel 3, views. Notify me of new posts by email. Submit a new link. There has been much speculation in recent weeks of a possible ETF approval — which would pave the trade cryptocurrency in usa crypto ico open in us for institutional money to flow into the space. The Ti is the better buy if looking at cost of purchase and power per hash: Crypto Bobby 19, views. I'll for sure gobble them up. NiceHash - https:

I'm a bot! This video is essentially Those whose mining revenues have not yet been enough that it has paid off the investment in their rigs will generally let themselves be victims of the sunk cost fallacy as well. I have tis. Read along and find out! Your email address will not be published. Choose your language. Copy your pool settings in your NiceHash dashboard Verify pool with pool verificator. Now sell me all your cards for pennies on the dollar. Get an ad-free experience with special benefits, and directly support Reddit. Tahoe Steve , views. Bruce Wannng 9, views. Take a look at this Ethereum Network Hashrate chart — the peak price was in early January , but the hashrate continued to grow until September

Bring Out Your Dead (GPUs)

Crypto Bobby 19, views. Loading more suggestions The Bull vs. Choose your language. No one cares about long term. Bitmain in trouble. Submissions that are mostly about some other cryptocurrency or alternative mining pools belong elsewhere. Basically, greedy retards with more money than sense destroyed GPU mining. Kev's Crypto Channel. Clearly this will have implications for the feasibility of crypto mining and by extension, for crypto mining hardware. Skip navigation. Have fun! Click here to post a comment. Unless the exchange rate rises dramatically e. Linus Tech Tips 1,, views. Read more about: Intel's GPU is not what you think - Duration:

But like others said, you won't buy a car wit 2 mining rigs, support projects you like! I might balanced portfolio in cryptocurrencies trezor satoshi well buy another or just get a new card for that price? No one cares about long term. More Report Need to report the video? If you buy mining equipment now, just like the cryptocurrencies are, the mining GPUs are currently at a discount from where they were back in and early Kev's Crypto Channel. I am a bot, and this action was performed automatically. I forgot this is the nicehash subreddit where no one knows how to mine for themselves. Take a look at this Ethereum Network Hashrate chart — the peak price was in early Januarybut the hashrate continued to grow until September Which you say is a shorter time period then 5 days? Coin Bros. Last time it dipped like this it took two years to turn. ASIC mining has completely overtaken GPU mining, which means that the large scale operations which can afford the overhead to invest in ASIC rigs bitcoin value chart live satoshi converter to bitcoin overtaken any control previously held by a democratized mining infrastructure.

Who are you asking, and who will you believe? Coinbase pending eth when is bitcoin etf appeal scheduled a new link. So quick to throw in the towel. You my friend need to open your mind or. GTFO more blocks for me: Now more then ever actually because people like you are giving up so please keep selling. Comment Share This! The Rich Dad Channel 3, views. Huge mining farms will proliferate only binance filter failure mining profitability chart they are profitable, but they will indeed proliferate. Sign in to report inappropriate content. It's called No one cares about long term. Warnings will be issued to how do i import seed words into electrum how to mine bitcoins linux who do not follow this rule with possible ban. I cash out every 2 weeks and buy some alts for cheap right now, or withdraw to cash and buy lunch for a few days. Canaccord Report: Ethereum is looking at moving to gpu bitcoin mining dead gpu designed for mining partial proof-of-work and proof-of-stake system where miners are rewarded less and blocktimes are increased. Sign in. Look at the graphs. However, in the bearish crypto market ofthe other GPU prices have come down enough so the Ti is no longer the best option - there are other more efficient mining GPUs at around the same cost per hash. I'm a bot!

Who are you asking, and who will you believe? At present it's a good way to buy btc without using an exchange - but if you have more than a few cards it would be better to sell them and buy btc that way. Pat Rabbitte. Add to. Don't take my advice. At this point, mining is only going to work for people who either have free electricity or live somewhere very cold where they don't have to worry about cooling. Also, if you haven't already subscribed, please click the subscribe button so you stay up to date with my latest cryptocurrency videos. Some miners operate from residences where electricity usage is included in the rent. Respond 'delete' to delete this. TechCrunch , views.

You can help yourself with these two links: Overall though miners are risk takers who generally are willing to keep mining until the losses can no longer be ignored. However, it does look inevitable eventually. If anyone took out a loan or bought GPUs on credit or anytype of money they did not own themselves at the astronimcal prices retailers were charges is not very smart. So that is their fault for making a bad decision. If not, you may try again at agoras lets talk bitcoin ark coin ledger wallet later time. Coreteks 1, views. Want to add to the discussion? So quick to throw in the towel. I'm a bot! Create an account. Interested in BitCoin and various cryptocurrencies? Add to. Which you say is a shorter time period then 5 days? But for those who are already hitting breakeven or suffering losses, equipment liquidation of mining rigs may be the next course of action. One demographic mining shift which is likely to happen in is that countries with supportive legislation for mining, as well as cheap energy costs, will be vying for mining pools.

Add to Want to watch this again later? Submissions that are mostly about some other cryptocurrency or alternative mining pools belong elsewhere. What to conclude? I have used a couple of pools my favorite is supportxmr. Your Email Address. Small projects will always be there so you should be able to count on those and if you're lucky and a project takes off you can do very well, but otherwise expect current profit to continue to drop as more asics cover more algos About the author. All rights reserved. CryptFolio - Cryprocurrencies balance tracker. I'm a bot! ASIC mining has completely overtaken GPU mining, which means that the large scale operations which can afford the overhead to invest in ASIC rigs have overtaken any control previously held by a democratized mining infrastructure.

Some used GPUs that were used for mining may not work well for gaming. Submit a new text post. Do not bitcoin increase value if not bitcoin whats next posts to buy or sell hardware in this sub. There has been much speculation in recent weeks of a possible ETF approval — which would pave the way for institutional money to flow into the space. Post a comment! Get an ad-free experience with special benefits, and directly support Reddit. Loading playlists This is a spike. What is with everyone?? Notify me of new posts by email. Inespecially before the Bitcoin halvening, we will likely see a number of countries try to incentivize mining pools to develop in their jurisdiction. Bitcoin miners shutting down world wide! Most Popular. CrypTrader - Live trading dashboard. Nuance Bro 2, views. Coingecko - Cryptocoins social penetration analysis and top list. Loading more suggestions Have retail packaging and accessories. Comment Share This!

This day was expected, just not so soon. GTFO more blocks for me: Sign in to add this to Watch Later. But for those who are already hitting breakeven or suffering losses, equipment liquidation of mining rigs may be the next course of action. They are doing well. Bruce Wannng 9, views. Watch Queue Queue. Kev's Crypto Channel. The next video is starting stop. Some used GPUs that were used for mining may not work well for gaming, however. When cryptocurrency prices started dropping in early , the demand for the best mining GPUs started tapering off to a point where people were shutting off their GPU mining rigs because electricity cost more than they could make from mining a coin. Have you never heard of whattomine. If you have any questions, please send a message to the mods. The Bull vs. Loading more suggestions Leave a Reply Cancel reply Your email address will not be published. After three months having passed so far this year the exchange rate currently sits about even with where it was at the beginning of the year.

Idk what pump and dumps shit coin you've been looking at. If you go to the trouble to set up a specific GPU mining rig, chances are you have a bullish long-term outlook for the cryptocurrency space and you are expecting prices to rise again in the near-to-mid-term future. One demographic mining shift which is likely to happen in is that countries with supportive legislation for mining, as well as cheap energy costs, will be vying for mining pools. Yes it's dead you should all tear down your rigs right now and dump all of your GPUs on Craigslist. Add a comment. Coreteks 1, views. Interestingly, the neighboring nation of Armenia has can i transfer my bitcoins from my phone to coinbase getting on ethereum dapps attempting to push through similarly lax regulations and get energy costs to an attractive enough price point to spurn similar investments in crypto-hardware. Does Mining Make Sense Now? The shift will also cause some of the Ethereum hashpowers over to other coins, also decreasing the profitability of those coins. This video is unavailable. The interactive transcript could not be loaded. About the author. Please go to the following subreddits USA: Support Projects you like, that are actively working against Bitmain and co dirty tricks. Tahoe Steveslushpool only for bitcoin slushpool u2f verification failed. Indeed, many point to this event as the catalyst that tanked the market. I mean Neoscrypt is paying shit right now so not sure on it, but the Lyra's are clear. Hashrates are only about twice as much while price is more like 2. The best explanation of blockchain technology - Duration: What rebound?

As the downturn shows limited signs it will imminently reverse, miners are struggling to keep operations open. Idk if you have not looked at a BTC graph lately but there is definitely a bull run in progress right now as we speak. TED 1,, views. One demographic mining shift which is likely to happen in is that countries with supportive legislation for mining, as well as cheap energy costs, will be vying for mining pools. Click here to post a comment. This feature is not available right now. At this point, mining is only going to work for people who either have free electricity or live somewhere very cold where they don't have to worry about cooling. Learn more. With as the background, what will the cryptocurrency mining industry look like for ? I agree, it's pretty pathetic. Have retail packaging and accessories. Where will crypto mining go in ? Strange Parts 19,, views. Paul Krugman Softens Stance on Crypto. Poll Will mining remain in China at all in ? Become a Redditor and join one of thousands of communities. The next video is starting stop. Read more about: