Caliber Mengsk

So it is just because of how specific it is then and just that bitcoin may not be worth the investment because it could be dead any time pretty much, and another coin may pop up as the one to get an ASIC for because it would have a longer life. That's what I was assuming it was, but the turn around is still not a huge risk. But I guess the people doing full on bitcoin mining are buying like 100 units, not just one, so it's a much larger gamble then spending 1k to potentially loose out on.

Yeah, but... that still doesn't make sense. Say you add a month to getting the ASIC (which if you don't mind used, can be found to shipped in like a week), that still only adds a month for an ROI, two for a long wait. That's still only 3-4 months to start making money vs almost 2 years. I could see it when the GPU prices were lower to a point, since it would mean lower barrier to entry, but it seems ASICs are cheaper than GPUs right now and get 10-14 times the performance. It just doesn't make sense to me.

This is pretty much entirely a curiosity question. I decided to do mining this year during the winter instead of folding@home, more as an interest in what it is and such. I still know VERY little (I am using nice hash at the moment, but from what I've been finding recently that may be sketchier than it first sounded, but either way, I have done so little I haven't even set up a proper wallet at coinbase or anything yet). My question is, if ASICs are supposed to be so much more efficient/fast/cost effective, why does it seem miners are more interested in GPUs? Is it a supply/demand thing where there aren't enough ASICs to go around? Is it because GPUs will have a better turn around time/value? Do ASICs consume more power per hash? Is it cause they only work for mostly one type of coin? I'd just do a simple google search, but it seems that when it comes to everything crypto, everything is almost always "outdated" a few weeks after it was relevant and the talk of the town. But I looked out of curiosity and saw that some ASICs have 14TH/s where as my rtx 3090 is only able to do like 100MH/s. I mean, that's 14 times faster and around a third to half the cost of a current market 3090. Are ASICs just a bad investment now? EDIT: To add to it, my main curiosity is that in theory, at 14TH/s, for a ~$1000 ASIC, that'd mean it'd be paid off in like what, 2 months? Where as a 3090 at todays prices would result in a 2 year pay off?

EXACTLY rank 2500 in the world now. My goodness ranks slow down SO MUCH after you hit the 3000-4000 mark, and I only expect it to slow down from here. Either way though.

woot woOOOoooT! In the top 3000 in the world and one off from top 200 on the team (this week was a bit slow)

Don't think I "can" enter. I'm a lurker, I currently only have 22 posts (23 including this one), most being in the folding at home post and it seems the rules require at least 50, so meh. No biggie, not super worried about it. If you want to throw me in as an entry, I'd appreciate it, but not a big thing if I don't get in.

Almost top 300 on the LTT Team, top 4,000 in the world, and almost to a half billion points EDIT: Can't tell which days I've been pausing for a bit to play games can you?

woooOOOOOOOoooot! In the top 400 on the team, top 5,000 in the world!

Seems that the new F@H profile page is literally completely blank for me, so I'll keep with the extreme overclocking one for now. According to that, I've just broken into top 7000 in the world, and top 650 in the LTT group. Still chugging up the ranks rather quickly. Last milestone was the first of the month with just breaking into to top 10k in the world, so atm I'm going about 1000 ranks a week I'm certain that will slow though. Hoping to break into the top 5,000 in May.

Top 10,000 in the world, almost top 1,000 on the team, almost 200,000,000 points!

There's all the GPU info. It's all at stock, no overclocking on cpu or gpu.

HWInfo doesn't say specifically vram. I'm guessing that'd be the "Memory Junction Temperature" but I'm not sure what all things should be beside the main gpu temperature, in which 70 is totally normal. It's also only using 1.7gb of vram, so I don't "think" it would cause a lot of heat.

Yeah, I know it moves, but it's normally not quite that drastic. It's normally between 6.5 million and 8.5 million depending on the task it's doing, not 700,000.

-_- just saw that it changed to 7 million again. Guess the estimate was just off for a bit. (I counted the digits 5+ times to be certain my eyes weren't playing tricks.) -_- Thanks for the help all. I may just be a numpty.

CPU is cause I have folding@home doing both CPU and GPU processes. (CPU is 3950x, GPU is 3090)