Who’s Coming With Me?
Bitcoin Gold will be able to be mined with GPUs as they will be using equihash algo. See you out there!
I will be mining Bitcoin Gold🍻
7 years ago by jbbasics (49)
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Good luck. I personally think that BTG will be worth peanuts when it hits the exchanges. Do you know how the pre-mine will affect the difficulty calculations? Difficulty is being artificially kept low during the pre-mine.
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Yeah not sure about the pre mine. Honestly it is kind of sounding a little hokey at this point but a GPU mined fork will catch a lot of attention if they can pull it off.
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What will everyone be mining with their GPUs after the Ethereum fork and difficulty bomb?
BTCGPU
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I know gpu miners have felt cheated for years once ASICS took over for both bitcoin and a scrypt. I’m all for BTCGPU!
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You Are An Excellent Steemian. This post has received a 4.55 % upvote from @steemthat Return the favor and SteemThat Person Back: @jbbasics.
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I've honestly thought about this since it's going to be profitable with a GPU (at least that's the goal I can see). However, I'm not mining ETH right now or another ASIC resistant coin so who knows lol.
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Yeah, we shall see if it is profitable or not. I’m currently mining Monero but will point to Bitcoin Gold as soon as possible. I gave up on anything ASIC some years ago.
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This post has received a 3.83 % upvote from @booster thanks to: @steemdiffuser.
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This post has been verified as a quality post and received a 50.00 % upvote from @binkley thanks to: @jbbasics.
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This post has received a 100.00 % upvote from @steemdiffuser thanks to: @jbbasics. Steem on my friend!
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Probably about as popular at Bitcoin cash.... I guess there's hope that those GPU's will be revived. Hard to compete with ASIC, when you can buy one for $1500 and it brings in $300(min) per month, then you can sell it on eBay for the amount you paid for it as soon. As the new model comes out.
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Interesting. My experience with ASIC is the opposite. Buy it and mine maybe a third of what you paid for it and sell it for less than half the price. Haven’t mined ASIC in a few years
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A 4 GPU miner is about $4-$5k vs ASIC at $1500. The S7 was selling for $1200 on eBay about two weeks ago. Now they are down to about $700 on eBay. I think it's really about timing. I do think your GPU Mining will not regress as fast in its payouts vs. ASIC - so that's good. Your cards hold their value too. I guess it really depends on how much you want to spend up front to get in; how long of a ROI you can tolerate - and IF you can get your hands on an Antminer when they first come out. I'd really like to get a GPU rig - but I just can't justify paying $4-5k and earn $300/month vs. spending $1500 & earn $300/mo on ASIC. I really hope that the new BTC Gold can reignite the GPU potential though. Thanks for your article and keep up the good work.
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