Question NVidia 30-series LHR cards nearly fully-unlocked by newest T-Rex miner through dual-mining.

[VirtualLarry]

https://www.reddit.com/r/EtherMining/comments/q30hbc
This is pretty big news.

Edit: Anyone want to speculate, will LHR cards on ebay go up in price, or non-LHR cards lose their premium status and pricing?

(mining) And the beat goes on...

 

[Saylick]

Edit: Anyone want to speculate, will LHR cards on ebay go up in price, or non-LHR cards lose their premium status and pricing?

As with many things in life, a little of column A and a little of column B... My guess is more the former than the latter, unfortunately.

 

[rommelrommel]

Who wants to put 70% of their hash rate into ****coins?

Profanity is not allowed in the tech sections -Moderator Shmee

 

[Dribble]

I suspect miners want 100% Eth and 0% other coin not 30% Eth and 70% other coin.

 

[Mopetar]

I suspect miners want 100% Eth and 0% other coin not 30% Eth and 70% other coin.

Sure, but it's always a question of profitability. If they can make more with the mix than just mining ETH at reduced rates then it's worth doing.

 

[rommelrommel]

There are only a couple of coins that are as profitable as eth, but if lots of hash rate moves to them they’ll no longer be profitable.

 

[VirtualLarry]

but if lots of hash rate moves to them they’ll no longer be profitable.

Current estimates at that with a $0.10 / KWh electric cost, those other coins, most of them, WILL be profitable, according to a recent YT vid.

 

[rommelrommel]

Current estimates at that with a $0.10 / KWh electric cost, those other coins, most of them, WILL be profitable, according to a recent YT vid.

Maybe they’ll be profitable, but not by much and not nearly as profitable as Eth is now. there’s way too much computing power dedicated to etherium. The difficulty on those coins will spike and profit will be extremely low, if any.

 

[Accord99]

Current estimates at that with a $0.10 / KWh electric cost, those other coins, most of them, WILL be profitable, according to a recent YT vid.

Not if every graphics card mining Ethereum now goes to those other coins. The profitability of Eth comes from the US$7000 in gross earnings every 15 seconds, which supports a huge number of miners. The only other coin that generates that kind of revenue is Bitcoin.

 

[Ajay]

Current estimates at that with a $0.10 / KWh electric cost, those other coins, most of them, WILL be profitable, according to a recent YT vid.

Dang, that is cheap electricity! Oh wait, is that just the supply cost? I pay more for 'delivery' (infrastructure) than supply - so about 19 cents/kWH net.