The End of /R/GPUMining | Hacker News Reader

GPUMining

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49 pointsParksNet17 comments

Looks like it was deleted. From the wayback machine:

Hi All,

We all knew that this day was coming. The day where Ethereum FINALLY merges into Proof of Stake after years of development and delay. As a result, Ethereum can no longer be mined. This is a devastating blow to the mining community as a whole and signals that /r/GPUMining and the corresponding discord server are ready to be shut down.

Yes, there are still coins out there that are minable. Go ahead and go for it, but most of them pose an extremely high risk and the moderators aren't comfortable keeping this subreddit going knowing that it will be used as a platform used to shill and push scamcoins. People already do push shill and scamcoins in this subreddit and discord, but the moderators have done an excellent job of filtering out the obvious shills.

We will keep this subreddit viewable, but we will no longer allow new posts. The discord server will be soon deleted and only /r/gpumining will remain in read-only mode.

While /r/GPUMining will be over, we still encourage you to get involved in crypto communities, join teams, and help push this technology forward to benefit the greater good.

We hope you got in early and made your bag before it was too late.

Thank you for all of the fun through the ups and the downs. We'll see you all around soon!

Thank you,

/r/GPUMining Mod Team

https://www.unddit.com/r/gpumining/comments/xecer8/the_end_o...

And also https://old.reddit.com/r/gpumining/comments/xez20s/sorry_bou...

I'm hoping that some portion of the mining community will migrate to Gridcoin, where at least the work has some value outside of the token itself. The more scientific computing we can get the better.

That's a pleasant mention of Gridcoin but I'd like to clarify that you do not actually mine Gridcoin. Gridcoin rewards scientific work for the BOINC(Berkeley Open Infrastructure for Network Computing).

(Not that your comment is wrong but one could miss the mention of scientific computing while skimming.)

(Also BOINC and Gridcoin both are open source and needs some love from contributors. I'd like to drop their links for anyone who has free time.

https://github.com/BOINC/boinc https://github.com/gridcoin-community/Gridcoin-Research )

Gamers everywhere rejoice.

As a gamer and someone that cares about the future of humanity on this planet— good.

I mean monero is still there ? And Its not a shit coin is it?

Doesn't Monero use algorithms that don't work on the GPU?

Correct, requires CPU power.

I believe you can mine on GPUs, it's just horribly inefficient and has a terrible hashrate compared to a CPU.

I don't follow crypto stuff, what about btc?

That hasn't been mined with GPUs for years. It's all ASICs now.

What is the ROI on buying an ASIC these days? Is it even possibly given the demand/delays.

Good.

I'm about to build essentialy a render farm, so if eBay really is going to be flooded I need to hold off buying new.

Anyone have any insight into this? Will the second hand market really get flooded?

If so will it be soon, or are there other things these folk are going to mine?

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