- Mar 23, 2007
- Calgary, AB
I was under the impression that it no longer made sense to use GPUs since ASICs do such a significantly better job.
ASIC's have only started running in the last few weeks, they will make it obsolete to gpu mine, eventualy. There will come a point where asic's are such a large portion of the overall network that the difficulty will be so high that even my 7GH/s will be making 0.0000x which wont make sense unless btc climbs to stupid(er) levels.
3weeks ago I was planning to stop running by now, was even turning the rigs off while I was at home to save on noise levels. BTC price is up over 10x since then and difficulty only maybe 2x, so it has got more profitable in the short term. When the price levels out (or falls) there will be a point where the difficulty is so high that the reward per day/week/month isn't worth enough.