I rememeber when in 2013/14 it was hard ot buy any GPUs due to whole boom on cryptocurrency. Currently due to raise of ETH price also loads of shops dont have GPUs to sell, and people sell overpriced cards on ebay and alikes.
It took few years but now Sapphire - the best AMD cards producer decided to make cards not for gaming but for mining and market them this way!
NVIDIA had rumours of making headless cards but Sapphire just announced they have them almost ready.
There will be AMD Radeon RX 470 and 560 cards tweaked for cryptocurrency mining usage.
They are currently available for preorder.
Sapphire Radeon RX 470 Mining Edition 8GB
Sapphire Radeon RX 470 Mining Edition 8GB(Samsung)
Sapphire Radeon RX 470 Mining Edition 4GB
Sapphire Radeon RX 470 Mining Edition 4GB (Samsung)
Sapphire Radeon RX 560 Mining Edition 4GB
To reduce cost of making they will be withotu display outputs. The Samsung chip cards are said to overclock better than usual. Card will have just 1 year warranty due to expected overuse ;)
We dont know many details yet and its not officialy signed by NVIDIA or GeFOrce brands but its already listed by using their system at MINING-P106-6G. Details below.
They also gonna sell ASUS MINING-RX470-4G based on similar as Sapphire system with ports on the card but not usable.
I expect soon this GPU companies may start producing ASIC chips and this is where its gonna get interesting.
Current Best Coins to GPU Mine
Ethereum and its a likes with HUSH (based on Zcash) looking good. NiceHash auto choose of coins and algos works good as always too. Just register to their site and download miner - it will auto choose best coin and best alog for your computer setup (on windows!).
Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!
Finally they are catching up with the crypto craze.
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I have not mined in a few years but would consider getting back into it as a hobby. Would be a great project to do with the kids. Where I live electricity is expensive so it's not highly profitable but it's certainly educational and fun!
I have been trading cryptos for some time now but I am thinking about setting up a rig... Does anyone on Steemit have any recommendations? I am making a shopping list of items on my wish list. Does anyone have a list of top of the line items that should be on list? Just trying to get into it as a hobby. Thanks mates.
It comes for a price similar to a GTX-1060 while the performance is almost the same. In that case is better to buy a GTX 1060 because you can also use it for gaming, or you can sell it:
People forgot that those mining cards will be difficult to be sold.
Real 1060s are better for me.
That's true but, I have seen some old Bitcoin ASIC miners being sold for quite a bit on Amazon. Given many of them could not even make back in electricity what it costs to run them. Seems people are willing to pay for miners without doing the math first. Still like you said an Old legit GPU would probably be easier to sale.
I don't think math matters these days. People are buying for coin appreciation.
Make sure you pick a crypto that isn't about to get a difficulty bomb.
have you tried checking on a few profitability calculator sites ?
Could be worth taking a look!
The blue pills are 1 dollar the red pills are crypto's :
Time to buy some Asus shares then. NVIDIA and AMD shares when boom because of crypto mining cards.
you nailed it. At this point they are the only ones gonna get rich.
Yeah What do i need to set up a GPU rig i need that
This is awesome! I hope this also makes it easier for me to finally buy an AMD card at market price for gaming!!
yes it will be
This is genius, businesses that stay in business pay attention to the market. I live in the Silicon Valley and my 3 buddies who I workout with are at NVIDIA literally 5 blocks from my house told me last week Wednesday they had a meeting about an off campus NVIDIA mining building they were projecting this Fall in Gilroy, CA. BOOM!
I'm surprised they haven't done this earlier. If you go to your local computer store nowadays, it is very likely that decent AMDs are all sold out. The problem here is that the gamer market isn't able to get ahold of video cards, while miners are buying out video cards that aren't optimized for mining. This will be a win-win-win situation for gamers, miners and the company's bottom line.
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The claymore's zec mi is where it's at!
i get to know about it 2 week ago. that time i decided to invest in etherum mininng but then i found steemit... yo ho
the crypto world is getting more and more notice. I hope fb does not come out with fbcoin
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My GTX 1080Ti gets a great hashrate on its own.
1080Ti is in same range as Titans . Titans are ahead of 1080Ti but not much
My friend gets like 40 MH/s, what is ur hashrate ?
You might have to wait to upgrade your graphics card. The increasing popularity of the Ethereum cryptocurrency has caused "miners," who essentially earn units of the cryptocurrency by having their GPUs solve complex math problems, to buy out many mid-range graphics cards. Prices are rising, supply is falling, and now companies like Asus want to appeal directly to miners with new graphics cards.
Last week, the problem was mostly limited to AMD's RX 500-series and Nvidia's GTX 1070. It was nigh impossible to find RX 500-series graphics cards anywhere, and the price of GTX 1070 graphics cards almost reached parity with the more powerful GTX 1080, which have been mostly unaffected by the mining craze so far. The lower-end GTX 1060 also had its price inflated into the $250-$350 range, but was less affected, as miners focused on the GTX 1070.
Hey Kingscrown, can I ask where you had your gif/pic made at the bottom of your post? Did you do it yourself? Very cool haha
@kingscrown , It has been very difficult to find new or used (inflated prices) video cards. I wonder if this is due to complaints from their core market (the gamers), rather than a calculated interest in the future of GPU mining. Recently I have been pondering what may come of the Ethereum switch from PoW to PoS. I believe that miners will continue to mine another PoW coin, and it appears that major GPU manufacturers are betting on that too. Another great post! Thx again
haha sorry @kingscrown , I forgot to ask what you think?
It's about time that one of these card manufacturers actually picked up on this and are focusing on it. Although I am sure there are some Gamers grinding their teeth at the idea of using a video card for something other than gaming, way to tap into a growing Market on the part of Asus.
Honestly, more competition in the ASIC realm would be great for crypto, everybody basically shackled to Bitmain and their antics... first with the LTC Segwit Signalling game and now with the BTC Hard Fork threats....
I think this might be next move for this companies
I got an ASUS laptop and Cell Phone so if they start making rigs... im all the way in on that!!!
I'm still not sure what the true VALUE is for crypto. I get that it's supply and demand but there has to be some value at the end of the day.
i think crypto has more intrinsic value than a Federal Reserve Note
yeah, me too. It's open market supply and demand not something printed out of thin air by a keystroke.
the value depends on the coin itself, what utility it has in the marketplace, and the cost of electricity and minting equipment to mine it. All of these factors are then reflected in its open market demand, partially measured by the volume of its daily trading, as well as any new applications that the marketplace may use it for.
What is the VALUE of your countries' fiat? In the US the counterfeit Greenback known as the US Dollar or the Federal Reserve Note is made of paper and cloth. It's not backed by gold. The government is in massive debt (owed, in labor, by the taxpayers that already paid for it several times). The international banksters that print/inflate the counterfeit Greenback at will have loyalties to no one country. In fact, the whole reason they put themseleves in the position of money lender to the governments of the world is to siphon off their citizens' wealth through usury. However, since 9/10 slaves agree that this fraud is worth something, it magically is. If they wake up and the illusion evaporates, so does the VALUE.
The VALUE for a crypto currency, like anything else is "what it can do for you" or "what you believe it can do for you". That can be as a currency only, as a store of value, as a hedge against bankster "money", as a short/long term investment, and all the features some of these coins purportedly provide, like decentralized cloud storage, smart contracts, etc. The list is long.
Also, if you fail to do research (or you convince yourself you don't care for perceived short term gain) and financially support coins/platforms that don't respect your freedom, privacy or security, the VALUE (to someone) will continue to be how well it manages to enslave you and your offspring.
Nice info :)
Too bad all these cards and energy or only going to be used to produce waste of energy, while it's possible to use them for the benefit of mankind in science power like gridcoin/boinc does.
I think this wasting should drastically be altered.
Check out FoldingCoin
Thanks for the hint, defintely gonna have a look at these coins !
Awesome! I remember using [email protected] waaaay back in the day, glad to see the project is still going.
while i can sympathise with your overall goal, as the end user i won't accept full responsibility for the fact that we don't have open source, free/sustainable home energy generators/stations and i have to buy my electricity from a closed source vendor who uses unsustainable production means. just like i won't concede that my biodegradable dish detergent is more of a hazard to the ground water than the huge companies fracking the whole place to hell like the top down brown shirts in my area would like me to believe.
thank you for your concern though. maybe you can use the science mining to come up with open energy designs. if the good people at the CDC and socialist indoctrination centers(universities) are not too busy building bioweapons/mind control drugs with your computer. :)
I don't really understand what you mean by 'open source' energy. Energy techniques are just basic science and therefore there isn't any 'closed' or 'open' source really its all just 'Open' source. For example the vendor you buy your energy from gets their energy via electromagnetic generators which can be viewed by anybody in scientific articles/design. The problem is not 'closed' source companies it all comes down to consumer money. Consumer's money are funding dirty energy instead of clean energy. You could power your home with a small solar panel array and there are companies that are willing to assist you in doing this however I suspect that you like many others will not put forth the high initial cost to do so. Instead you and others just pay the power company for their dirty power every month so you don't have to worry about the high initial cost of clean energy. There have even been companies that will install solar panels for free on your home and just charge you per month like traditional power companies (See SunEdison https://www.thestreet.com/quote/SUNE.html) however they have gone bankrupt due to the high initial cost.
Nice didn' t know you made a post about this damn. Well if you would be so kind maybe I added something else to the mix.
big fan of claymore's zec miner.
Oh that guy rocks!
Agree. Does anyone know how much Claymore makes in a day?
Im getting 0.05 eth every 5 days at the moment which is £2 a day. also getting about 333 siacoin over the same duration which is about another 2£ a day.
Using claymore dual miner. with r9 390 in my gaming pc.
i think the electricity cost is around £60ish for the month. which leaves £60 profit.
I know my cards not that efficient tho, looking into making a 4/6 card rig!
Hehe, I meant the developer of the claymore mining software. I've never followed the trail to see how much the wallet holds. Everyone uses that software and it takes a percentage. I'm curious how much he/they have made.
imo, it would be better if we would support FLOSS miners instead. what have we gained with crypto currency if we let slaveware peddlers weasel their way into everything?
cryptocurrency mining caused the amg and nvidia stock price to go up, this cryptocurrency community is growing and getting the worlds attention
Yes, but I'm a bit scared that there will be a huge drop as there isn't a true value behind it... Kind of like the US dollar. :/ Maybe that answers my own concern.
I wrote about this idea in my investing journal on June 13 and took action on both NVIDIA and AMD - read all about it here http://mymark.mx/TIB95 which links to the Steemit post
There has been a lot of talk recently about how mining is inluencing the graphic card industry. Both nVidia and AMD have rising charts and are out of stock everywhere. To see how the hardware sellers react to this new demand is promising for a possibly future with specialized cards with a dedicated mining GPU.
Do you think that could happen?
of course, manufacturers will go wherever that can secure a marketshare in a niche, especially if they have the engineering to be a first entrant at a favorable price point.
i also think AMD stocks raised due to mining, thats why ie SimpleFX added their trading
Waiting with baited breath.
It's really very interesting topic, i will do my research on it. As it seems very promising.
Great news for mining! Thanks for sharing!
Hey you all! Anyone knows if it would be profitable to mine in Croatia?
What kind of rig and investment would that take? Right now I'm on:
Name: AMD Athlon(tm) X4 860K Quad Core Processor
Speed: 4.0 GHz
Brand: Athlon II X4
Name: ATI Radeon HD 4800 Series
Chipset: ATI Radeon HD 4800 Series
Memory: 1.0 GB
Category: High Performance
8 GB RAM
SSD hard 240 GB
you can mine on this maybe tommorow ill make a guide on how to mine easily, today i have other post planned ;)
? Near the same Post as mine but on german. ? Why you get so many Dollar for it?
For beginners it seem as fake.
Really as fake
digging and digging.. hard life of a miner
Can't wait for these, then maybe my struggle to get a second GTX 1080 card won't be so pricey lol and keep selling out when I get close to the funds lol. These I must build a rig with, ready set put em on the shelves lol. Great post
This will be cool. Struggeling for more than a month now to get stock of a card that can mine.
What about samsung?
Awesome, i cant wait for this. RX480's are getting difficult to find now.
Wow thats new things about that graphics cards as i only know till today that is use for high graphics programs and gaming but its specially made for cryto mining is cool as i never heard like this before. I work in diamond industry and we also need high memory graphic card so its good to know new things about it. Thank you for sharing.
Stellar post @kingscrown!
Quick question: where/when could one purchase those GPUs?
Thanks for sharing the news, did not know they were going to release mining only cards. The issue lies a bit in that i personally like to buy cards, mine for a while and then build gaming computers to sell at the right conditions.
So while i originally can follow this equation:
With these cards an amendment needs to be made to the equation, namely:
The lack of a display output puts me off a bit for that reason only, but it would be interesting for perhaps building a 100% miner.
Your confidence needs to be high in the longevity of PoW systems though to invest in such a thing.
Now that is cool!!! Have any benchmarks been run on these cards yet to show watts and hash power ?
PS Not cool if they go ASIC like what happened with bitcoin, keeping it cpu and GPU means just about everyone could mine the way it should be.
This isn't an asic, its just a gpu with no display ports, and it would still be useful if all gfx mining crypto died because you can run neural nets on gpus.
Eth mining is memory dependant - regardless of the ASIC they put in they will need faster memory to get faster hash rates. Will be a GPU game until POS.
That's true ETH has a huge memory depended file from what I read that continues to grow in size. Do you currently mine yourself?
Yes I do - but only with two RX 480s. I was able to pick them pretty cheap from a listing site.
exactly! they don't have specs on durability and long term throughput. The other factor is the drain on your power supply if you're close to be maxed out, in other words you may need to upgrade your power supply to handle the additional load placed on it by the GPU.
Wow, that's great. It's good to know that there are products that are meant specifically to mine cryptocurrencies. This can only help to make miners more efficient and achieve higher return on investment rates.
Thank you for shearing this post
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Where'd you find this?
I read the article a few minutes ago, really love the idea.
There are MBs being made for mining alone, why not focus some GPUs as well?
As a miner I love the idea, but I gotta say I am worried about how much that 'premium' will be, the value of the card itself, and those 2~3 extra mh/s will have to cover the premium and than some.
Don't forget that those cards will be much harder to resell after you are done with them.
Great post thanks for sharing. Nvidia Gpus are also good for mining specific crypto coins.
Some Bitcoin users might wonder why there is a huge disparity between the mining output of a CPU versus a GPU.
First, just to clarify, the CPU, or central processing unit, is the part of the computer that performs the will of the software loaded on the computer. It's the main executive for the entire machine. It is the master that tells all the parts of the computer what to do - in accordance with the program code of the software, and, hopefully, the will of the user.
Most computers have multi-core CPUs nowadays (which is almost the same thing as having multiple CPU's in a single physical package)., and some computers even have multiple CPUs.
The CPU is usually a removable component that plugs into the computer's main circuit board, or motherboard and sits underneath a large, metallic heat sink which usually has a fan, a few are cooled by water.
The GPU, or graphics processing unit, is a part of the video rendering system of a computer. The typical function of a GPU is to assist with the rendering of 3D graphics and visual effects so that the CPU doesn't have to.
Servers usually have very limited or no GPU facilities as they are mostly managed over a text-based remote interface. Most mainstream computers have much slower but less power consuming and cheaper IGPs (Integrated Graphics Processor), which are GPUs as well but integrated directly into the chipset and soldered onto the motherboard, rather than separate, more powerful but power consuming AGP or PCIe cards with GPUs, but separate GPUs. Powerful GPUs are needed mostly for graphic intensive tasks such as gaming or video editing. For example, the translucent windows in Windows 7, or technologies like Mac OS X's Quartz, which powers the Aqua desktop and its beautiful, water-like graphical effects and animations such as bulging the Dock in a smooth animation when the mouse is moved to the lower edge of the screen or "sucking" windows into the Dock when they are minimized - these are powered by GPUs.
A GPU is like a CPU, but there are important internal differences that make them suited toward their special tasks. These are the differences that make Bitcoin mining far more favorable on a GPU.
I would still prefer gaming gpu over mining cards..no matter what happens gaming cards wont lose value overtime
I was about to get a mining rig and did a lot of research. In my country (Croatia) the prices stayed the same because people didn't buy so many GPUs. But as I saw it would cost me to much because difficulty was increasing every day big time.
Best card out there is amd RX 580 4GB. It has the best price /performance ratio.
Saw also a Xeon builds but I don't know if it is worth of buying it on the other hand if you have few old servers it is worth a shot
Why don't they start mining themselves?🙂))
minning requires some commitment
We should definitely move our residence to iceland :)
you forgot about Nvidia
Something to keep in mind guys, looks like Sapphire is the better way to go in terms of warranty, 1 year as opposed to only 90 days on the ASUS/NVIDIA mining cards, its an important drawback for these cards!
AMD and NVIDIA are getting into the GPU mining game. In NVIDIA's case they are launching P106-100 and P104-100 based on GP106 (GTX 1060) and GP104 (GTX 1070/1080) GPUs. AMD is launching mining oriented cards based on RX 470 (and 460 iirc). More info about the new cards is available here: https://www.pcper.com/news/Graphics-Cards/NVIDIA-Partners-Launching-Mining-Focused-P106-100-and-P104-100-Graphics-Cards
Thank you very much for sharing! For myself I want to start mining cryptocurrencies and so I really appreciate posts like this because its sometimes hard to find valuable information by yourself.