Anyone still GPU mining ZCash?

As more asics come online, the time of the GPU on zcash is nearing the end. It’s kind of sad as zcash was the first coin I mined with my gtx 970s.

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30 to 40 % decline today, it’s going fast, was stable for a while, but it’s starting… If this goes on, I don’t think I make it till August.
A well, I had a real good run and still Hodl, time to move the rigs forward :smiley:

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I’ve got news for you, the jump in difficulty was not ASICS… its you GPU miners that go from coin to coin depending on which one is the most profitable!

Facts Zcash is up $$$ from 7 days ago and in fact is up $$$ from 30 days ago.

Zcash difficulty at 8am 07/18 was 9 million which pull it at 1% higher for the last 90 days

12 hours later - due to the price increase of Zcash the difficulty is up 0.08% today, 3.74% for the last 7 days, 15.73% over the last 30 days and 32.15% over the last 90 days!

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Now, Now…Zencash is more profitable pound for pound atm for GPU mining equihash so your claim actually makes little sense. It’s profit switching services like Nicehash…that was the case before the ASICs came to town, it will remain the case for quite awhile still. The spike, was nothing more than a reaction to the price increase and the low difficulty, then they went away when Zencash topped the list. It happens, not really new news then…or now.

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Nothing to do with their secure node rollout. Nope they just magically had a good week. Until the musical chairs puts zcash back on top.

This reason, that reason, doesn’t really matter to the algo that determines which one is more profitable and switches all their client miners. The reality is stuff like the tech, news, etc probably matters more to you, me, and a few others…and the auto-switch miners have no idea about the news to be honest. They get paid in BTC most likely and just think they had a “really good day/week”

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Really ? It was GPU ?
I am still on Nanopool, since yesterday and now, the profit in the Nano Calculator is gone up again with 10 %. That are the declining numbers I use here. And the decline gets bigger every time a new batch of Asics is brought to the customers.
Now I still notice that by every batch, Nanopool gets less miners. Because some big miners stay, the pool rate declines not that fast, but as said already lost almost half of the poolratre in a month.
But mostly all miners and workers are gone from Nanopool. In a month we went from 60 mh to the 35 mh left now.
And @CitricAcid I never switched to other coins, not even when it cost me money. Not when ETH was paying more.
This is the are you still GPU mining thread, so yes, we are.
And this is what we see, switching was done already before Asics came into play, but believe me, most who have an account here, are loyal to Zcash, switchers will always be in crypto , small gpu miners but also big asic farms switch.

I totally agree on this one. With auto-switch services like miningpoolhub you can even mine some equihash coins (ZEC, ZCL, ZEN) and still choose your payout, for example ZEC or whatever you want, but you mine the current most profitable one where miningpoolhub switches your hashpower automaticly.

Funny how this forum is getting more and more hostile by the day.

Bye

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Seriously man? It flops back and forth all the time. Zen could be tops for and 20 minutes…or three days. The autoswitch software just follows the most profitable coin. Quit looking for a conspiracy where one doesn’t exist, gees.

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I stated that you can’t blame ASIC miners for the 3 million difficulty jump that occurred that day, it was GPU miners jumping to the most profitable coin…Thanks for proving my point while accusing me of something I was not doing

and I don’t disagree. But you are out there claiming it’s some new horrible thing. Nicehash and others have been around for awhile. They cater to the uninitiated and the lazy miners. But you go ahead and be upset about it anyways like it’s some new terrible thing GPU miners are doing…but you do realize you can sell your “ASIC” hash at the same places right? Yeah…so there is that as well. How about we agree the hash fluctuations are caused by auto-switching profit seekers and just leave it at that? Since Either camp can do this.

But don’t take my word for it, look for yourself:

https://www.nicehash.com/asic-mining

Now let’s keep it fair to all sides. It’s not a GPU thing, or an ASIC thing. Profit switching part of the crypto world whether we like it, or hate it.

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i’am with Moordrik on this one. 3M gpu traffic in difficulty is a lot. It’s more logical that it’s from the asic auto-switches available at miningpoolhub, miningdutch, nicehash, zpool, and who knows where else.

I don’t think the profit per gpu is big enough by now to have gpu’s switching by profit now. No proof either of course, but if i had to bet i would bet on asics with the services about that cause these spikes.

I don’t believe the Z9 mini is compatible with Nicehash. It would require a firmware update from Bitmain to work.

From what I’m reading it works, just high rejection rate, and no resolution to it in site atm. Oddly enough the competition (A9) works “just fine” from what I am reading in the NiceHash subreddit.

Well, that’s it for me, I finally pointed my gear at a multi-algo pool :frowning:

It was a deeply unsatisfying experience, awkward and according to the pool my rig is busy mining all sorts of dog shit.

At least they pay me in ZEC

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I do not believe anymore in Zcash.
The Zcash team wanted to spit on the GPU miners and nothing to take to counter ASIC MINER.
Without the support and without faith of thousands of GPU miners - Zcash will go to the bottom and greatly fall in price.

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I’m back in the thread again after about a month just to update my previous post. Whats happened since then? Well on saturday/sunday left the small rig with 2x 8gb RX580 nitros on the suprnova zec pool and it only returned 0.0084 zec whick is pretty sad. The last 2 hours got me 0 :open_mouth: . As im in the UK we get mugged for electricity costs. At the outlet the rigs drawing 350 - 400 watts. So i’m losing about £0.25 a day. We’re having our bedt summer for 20 years so my solar panels are taking up the loss during daylight hours but it’s comming outta my pocket at night. I had a hunt about & pointed one of the other machines at other pools/coins and found zencash and btcp more profitable for a whilst which is annoying as i dont wanna walk away from zec but the difficulty has one through the roof. Like most folks here i dont mind stsying with zec as long as it isnt returning negative ROI but its a month from my last post and i would be cheaper to buy zec than mine it :frowning: So there’s the dilema. If i buy it i got a shizzton of gear thats wasted and i’m not really helping the network (the whole reason i started mining) but if i stay on chain it’s comming straight outta my own pocket. In the words of the clash “do i stay or do i go” :slight_smile: .
Decisions decisions eh.

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I will not profit soon.
Give ZEC up

is the zcash team doing anything against ASIC´s soon or should i sell my 1080ti´s?

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