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originally posted by: markovian
its etherium minning i have 6 cards minning atm 4 r9 290 1 290x on my gamming rig
no you cant mine eth with a cpu no you cant mine eth with asic you must use a gpu ... its really profitable and i never invested a dime started with a 7970 and used my profits to expand
eth minning needs lots of fast ram gpus with less than 3gb are not used to mine and 3gb will be phased out aswell
dont ever overclock a stock card for minning infact underclocking a little is the norm ... really bad to burn out a gpu before your roi better to lose 2 mh and mine for 5 years than to gain 3 and mine for 5 months
originally posted by: badw0lf
Why crypto though, when you can buy dedicated machines for less, to do more. Hell, even usb sticks built for mining bitcoin exist. That algorithm being cpu intensive, and nothing to do with gpus.
I had an amd hd5850, at the time, a decent mid range card, but was the best for mining scrypt algorithm. I blew it up running it 24/7 overclocked so it was at 100c constantly..
Other cards that performed better didn't do the same internally, but they gamed far better. So why crypto? Seems a cop out.
I'd say it's that like high end cpu's, you are paying for a brand name, not a bit of hardware.
Mind you, since my crypto explosion, both gpu and psu rendering me to a low end set of hardware, with the mobo and cpu I got having mined crypto, I have become used to 640x480 gaming on things. nothing like cod4 rendered like minecraft..
serious too, and I busted the pcie slot on this thing, so... brutus hands.. who cares, it played the internet at 1920x1080 easily...
I don't think it's the crypto phenomenon that is causing the prices... I think it's people buying high end brand names..
originally posted by: ChaoticOrder
I bought a GTX 1080 8GB card in may of last year for $700 AUD, now the exact same card seems to cost around $1000 AUD, that's pretty crazy. Honestly I'm glad I bought it when I did, I got sick of waiting for AMD to release the Vega, I thought it would be a cheaper option than the 1080 but the Vega 64 8GB card is priced around $1400 AUD, it's completely insane. I thought AMD was going to save the day and push down GPU prices but it appears that hasn't happened at all.
originally posted by: TEOTWAWKIAIFF
Graphic cards are not just one chip. They are not even like a CPU with several cores.
They have hundreds of "cores" and directly plug into your computer. They can act independently and are the "soul" of your computer. The mining programs run faster and better on just the graphics card because it is a relatively simple program involving integers and a floating point function telling you if the integers are prime or not.
The sad fact is, computer farms are being hijacked and out performing the lone bitcoin miner. The graphic card crunch seems a little overhyped. Guess who is profiting?
One day, maybe sooner than we think, the hyped quantum computer will arrive and pgp and bitcoin evolve or die.