Ethereum GPU mining?

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Yakk

Golden Member
May 28, 2016
1,574
275
81
Dang, I thought you guys were kidding when you talked about the price of BTC possibly reaching $5k. It has been shooting up all day, and is currently at $4.1k. The only bad part is that it seems like other coins aren't really following suit, so since I use NiceHash, I don't make as much in BTC as the other coins don't convert to as much.

I'll joke about a lot of things, but rarely about crypto coins. From what I'm seeing it's a lot of pent up demand from investors waiting after August 1st. BTC lost a LOT of ground versus ALT coins in the months before the fork, ETH even reached upwards of 0.12 on BTC and now things are equalizing again.

That being said, the probable incoming correction & profit taking is gonna hurt, a lot also. Can't wait to see how the media will again ask if this is the end of BTC.

And... My planned Vega build may not pay for much of itself mining even with its doubled hashrate...
 

DrMrLordX

Lifer
Apr 27, 2000
22,027
11,607
136
I'm not sure that Vega will be much better at mining than Polaris anyway, especially if AMD can fix the Polaris mining bug once and for all. I haven't seen enough power consumption numbers on Vega while mining to really decide whether or not it'll be an improvement. If you have to burn ~295W to mine @ 70 MH/s with Vega, I don't see it as being that good.
 

ozzy702

Golden Member
Nov 1, 2011
1,151
530
136
Vega should have 33Mh/s

That's what the FE has been pulling but we don't know yet on RX. The core should theoretically be able to pull over 60MH/S if not memory constrained just based off of polaris. Different memory timings via a "mining" mode in drivers or bios mod could potentially unlock them. That said, it's AMD and I'd be surprised if they pulled their heads out and actually addressed a market that currently exists for their GPUs. We'll know soon.
 
Last edited:
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Head1985

Golden Member
Jul 8, 2014
1,867
699
136
That's what the FE has been pulling but we don't know yet on RX. The core should theoretically be able to pull over 60MH/S if not memory constrained just based off of polaris. Different memory timings via a "mining" mode in drivers or bios mod could potentially unlock them. That said, it's AMD and I'd be surprised if they pulled their heads out and actually addressed a market that currently exists for their GPUs. We'll know soon.
http://www.overclock.net/t/1636235/...ouse-let-the-benchmarking-begin#post_26280222
 

DrMrLordX

Lifer
Apr 27, 2000
22,027
11,607
136
So far we've only seen Vega mine with unoptimized software. But hey feel free to point em at Monero, it's supposedly beast mode mining that stuff.
 

ozzy702

Golden Member
Nov 1, 2011
1,151
530
136

Already seen the post and it's vague. Secondly, we don't know what custom bioses and optimized software can do which can potentially make a huge difference as we've seen with prior GPUS. I don't think Vega's going to be great for mining (or for gaming for that matter). My bet is we'll see 40-50mh/s out of them when all is said and done, maybe a bit more but nowhere near the ludicrous 70-100mh/s nonsense.
 

Head1985

Golden Member
Jul 8, 2014
1,867
699
136
good good so end of ETH GPU mining.Very good indeed.I cant wait for MSRP GPU prices after almost 6 months !!
 

Yakk

Golden Member
May 28, 2016
1,574
275
81
It pauses for a few months until difficulty lowers enough to gain interest again. But hey, maybe some GPUs might be purchasable in the meantime until then.
 

fleshconsumed

Diamond Member
Feb 21, 2002
6,485
2,363
136
Nope. Initial reviews say it doesn't game well, doesn't mine well, and it runs hot and loud. LC Vega should be relatively quiet, but at $700 you can buy 1080ti for that kind of money.
 
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Yakk

Golden Member
May 28, 2016
1,574
275
81
Currently Vega is not a good miner, like Fiji wasn't a good miner at first either. I anticipate Claymore to add in the new hardware level optimizations into a revised version soon though.

And apparently I'm not the only one as it went OOS within seconds/minutes.... Sigh...
 
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thilanliyan

Lifer
Jun 21, 2005
11,944
2,175
126
Anyone snag a Vega besides me ?
I had one in my cart from newegg.ca, but decided against it. Who knows how long it will take for mining optimizations to come...by that time earnings could be much lower. Plus, it's $880CAD...way too much even considering the exchange.
Where did you buy it?
 
Reactions: Madpacket

GoStumpy

Golden Member
Sep 14, 2011
1,211
11
81
I just started some nicehash mining on my new gaming rig with a GTX1070.. ~$1.80/day is what it tells me currently.. it's nice that it's still whisper quiet though, I'm surprised, coming from a XFX HD6850 with a fan that sounded like a jet engine..

-edit-

Maybe not Ethereum but crypto nonetheless
 

Head1985

Golden Member
Jul 8, 2014
1,867
699
136
Currently Vega is not a good miner, like Fiji wasn't a good miner at first either. I anticipate Claymore to add in the new hardware level optimizations into a revised version soon though.

And apparently I'm not the only one as it went OOS within seconds/minutes.... Sigh...
vega have only one instruction good for mining and it will add maybe 1-2Mh/s.There will be no magic driver for mining.That 70-100 was pure BS from AIBs to inrease profits.

Vega is now worst GPU for mining by far.
 

Madpacket

Platinum Member
Nov 15, 2005
2,068
326
126
Impulse buy. I mostly justified buying it by making a few bucks off OMG this week. Grabbed the liquid cooled Sapphire edition. Paid using PayPal to take $25.00 off + GCR rebates brought it down another $18.00. Still stupid expensive but about the same price as what it costs in the US after factoring in conversion. I really liked my Fury X water cooled cards so I splurged. Yes, for this price you should probably buy a 1080 Ti (or a spend bit more for a water cooled edition) but I already have an MG279Q, (IPS Freesync 1440P 144Hz) and I don't want to replace it with a costly Gsync monitor. Although this is kind of getting into sunk cost fallacy territory

Yes, the Vega is a power hog and for mining, it's a bust (I knew that before buying) so this mostly to replace my Geforce 1070 for actual gaming. I'll toss the 1070 in my HTPC as they seem to be much better at 1080P. I mostly play BF1 and Doom / Quake and the Vega 64 is pretty far ahead of the 1070 here, so I should see a nice boost. Plus it just feels right to match up a water cooled 1700X with a water cooled Vega card. AyyMD!

The biggest disappointment to me is the encrypted BIOS so no BIOS modding will be possible like on Geforce cards which is a real shame. Unless someone figures out how to successfully run with an unsigned BIOS, I fear there's no way around this issue. At least the card has dual-bios so it won't be that scary to play with.

Also, NewEgg didn't give me any free games or those discounts to stuff I won't buy anyway (I should have gotten the "Aqua Pack" according to AMD). Normally I sell off the pack-in games to bring down the price a little more. I've pinged NewEgg about this as they advertised the card as coming with those games, so they'll have to do something for us. Maybe it's a Canadian thing. Trying to get this sucker to under $900 CAD after all discounts applied to remove some of the buyer's remorse that's starting to set in haha.

Anyway, I'll likely undervolt it to save some power (these cards are always way overvolted) and just enjoy the card for gaming. If I can undervolt it enough and it's still profitable, I'll of course mine on for a few months, but I bought it mostly for gaming. With the current state of the drivers, I'm sure this card will receive more fine wine than the average Radeon which should bring up performance, but I don't recommend anyone actually buy one of these cards at these prices

The card is being shipped from the US so I probably won't get it for a while ( 5 - 7 business days if it's anything like the Polaris launch) but If you want me to do any specific tests let me know.
 
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Madpacket

Platinum Member
Nov 15, 2005
2,068
326
126
vega have only one instruction good for mining and it will add maybe 1-2Mh/s.There will be no magic driver for mining.That 70-100 was pure BS from AIBs to inrease profits.

Vega is now worst GPU for mining by far.

The Geforce 1080 is probably the worst card for Ether mining, but Vega comes close
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,440
5,429
136
A 1050 Ti can get 14MH/s and uses like 50W at 70% power target. Thermally the most efficient card, but not so good for density.
 
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