ETHASH Profitability

[ragrabowski]

During September, ETHASH profitability has fallen 38%.
Can we expect continuously declining profitability as ETH heads toward a pure staking model?
What can GPU miners use to improve profitability going forward?

[Alynn]

Eth is still more profitable by far.

However whattomine is showing that
ZelHash
CryptoNightGPU
KawPow

are the next 3 highest. But honestly until Eth finally becomes unminiable you are better off just sticking with Eth for GPU mining.

[jreysack]

May try my luck at Verthash / vertcoin once eth is moved to pos

[Setvin]

May try my luck at Verthash / vertcoin once eth is moved to pos

I just found out about the 2021 anti asic verthash update myself and it seems to be one of the last hidden gems. The only complaint I have is verthash hugely favors nivdea cards, but its a not terrible complaint. I am actually going to compare KAWPOW and VERTHASH with my amds durring the upcoming outage tomorrow. I mentioned someone adding verthash here to prohashing but I never followed up. Do we think we will be able to mine verthash on prohashing one day?

[Alynn]

Yeah I have 3 RX 480 4GB that I'm hoping to put into service tomorrow (new CPU and power supply coming in tomorrow to set up an AMD rig) and I'm thinking my best bet would be to find a pool for Kawpow until prohashing supports it. I just need to figure out where.

[Steve Sokolowski]

Yeah I have 3 RX 480 4GB that I'm hoping to put into service tomorrow (new CPU and power supply coming in tomorrow to set up an AMD rig) and I'm thinking my best bet would be to find a pool for Kawpow until prohashing supports it. I just need to figure out where.

KAWPOW is the next algorithm we want to support - we just need to get that finance manager hired so that I can switch from finance stuff to programming again.

[Alynn]

Yeah I have 3 RX 480 4GB that I'm hoping to put into service tomorrow (new CPU and power supply coming in tomorrow to set up an AMD rig) and I'm thinking my best bet would be to find a pool for Kawpow until prohashing supports it. I just need to figure out where.

KAWPOW is the next algorithm we want to support - we just need to get that finance manager hired so that I can switch from finance stuff to programming again.

Oh I know it is coming, but I have the hardware now, and I want to get it all set up and running and working out any bugs.

[Setvin]

May try my luck at Verthash / vertcoin once eth is moved to pos

I just found out about the 2021 anti asic verthash update myself and it seems to be one of the last hidden gems. The only complaint I have is verthash hugely favors nivdea cards, but its a not terrible complaint. I am actually going to compare KAWPOW and VERTHASH with my amds durring the upcoming outage tomorrow. I mentioned someone adding verthash here to prohashing but I never followed up. Do we think we will be able to mine verthash on prohashing one day?

So how did the AMD's do?

Not terrible. It's better to mine ethereum and use prohashing to get verthash right now. It's so cheap though its worth it I think, the devs seem to be on their game. They hired a company to make the miner and its only been out a few months, so I am giving them some room to breathe and see what happens.

[josephjacob]

Assessing the profitability of mining Ethereum (ETH) with the Ethash algorithm necessitates evaluating multiple factors. These include Ethereum's current market value, the mining difficulty level, electricity costs, the efficiency of the mining hardware, and additional expenses related to mining operations. More info you can get it on https://manoknapula.com/.

[James111]

Evaluating the profitability of mining Ethereum (ETH) using the Ethash algorithm involves several factors, including hardware costs, electricity expenses, mining difficulty, and the current price of Ethereum.