For those who hopped on the bandwagon early, a 280 or 290x could have earned you $300 a month at the beginning of the year.
Given all of the companies developing their own ASIC farms (I saw one which consisted of 4 million clustered ASIC boards), this is one trend which was started grass-roots and supported by the community, but now is being taken over by those who can afford the investment (the super wealthy).
BUT if you're looking for a way to turn your hardware specs into pure profitability, get into something like Video Editing (like me!) or CAD, where the time you save in computation equates to real $$$.
Here lies the end user profitability of PC hardware for Crypto mining... May it rest in a million distributed and highly encrypted pieces...
As stated above, CPU mining won't recover your power bills. The same is true for GPU mining. On the plus side, AMD has posted a $500 discount on their flagship GPUs. I suppose the supply overshot the demand by a large margin, since no one is using these to mine anymore.
The systems could be used for more worthwhile projects like Folding at Home. I just wish there was a way to classify them as charitable contributions and deduct some of it from your taxes.
FAH is great, there's also a ton of other donated processing applications like SETI. I haven't heard much about FAH since 2012, so I wonder what they're up to recently... Otherwise, it's fun to watch protein chains come together on my screen saver!
FAH is great, there's also a ton of other donated processing applications like SETI. I haven't heard much about FAH since 2012, so I wonder what they're up to recently... Otherwise, it's fun to watch protein chains come together on my screen saver!
You can now have the best of both worlds, FAH and cryptocurrency http://www.foldingcoin.net/.
HAHAHAHA brilliant!
So... You do folding on your bad-A** gaming computer to earn folding coins which can be redeemed for actual videogames or in-game items... BRILLIANT!!! Now all those overkill gaming machines can actually be put to good work, if this goes viral I'd guess we'd see some real advances in modern medicine!
I can see the logos now "CURE CANCER - EARN VIDEO GAMES!"
Not even worth it for the time spent working on it. It is a pain because you only get a small amount while trying to pay for the cards you bought and electricity. You should also know that crypto mining pushes the card to the limits and you might kill some of them along the way.