Caporegime
- Joined
- 21 Jun 2006
- Posts
- 38,372
-
Competitor rules
Please remember that any mention of competitors, hinting at competitors or offering to provide details of competitors will result in an account suspension. The full rules can be found under the 'Terms and Rules' link in the bottom right corner of your screen. Just don't mention competitors in any way, shape or form and you'll be OK.
LHR fully 100% unlocked now - expect GPU prices to rise
- Thread starter Psycho Sonny
- Start date
Good find
Sonny, there are so many cards out there, but this way appears to have high power consumption, with energy prices rising and the difficulty of dual mining or the niche of it with only one miner, will put many off they can get non LHR cards of the bay for the same price?
- Joined
- 21 Jun 2006
- Posts
- 38,372
it's not high energy consumption at all. It's same as you would without LHR.
Different algorithms use different power. So ravencoin uses more than ergo as an example. If you want to mine ravencoin then sure it uses more power but if you want to mine ergo it uses less. So it's the same power as before as that has always been the case. If it used more power then it wouldn't be more profitable. This effectively unlocks 100% of the power by using 30% of the gpu to mine ethereum and 70% (without LHR kicking in) to mine one of 3 other altcoins of your choosing.
i fully expect prices to rise now until ethereum time bomb kicks in because of the chip shortage. having a crypto boom, chip shortage, pandemic and evergreen canal incident is unprecedented. if mining does crash. you won't see as big a GPU crash as before but I do expect a crash come early 2022 (feb/march) however until then prices should continue to rise. before stabilising then dropping.
if you have an LHR card you can now make similar amounts of profit as non lhr. very little in it. that means LHR cards will be more in demand to miners.
Associate
- Joined
- 22 Nov 2020
- Posts
- 1,450
Isn’t this unlock basically mining 2 profitable coins at the same time? That’s not really an unlock.
Soldato
Honestly cant see prices rising more than they currently are, LHR and non LHR cards have been at a premium for forever.
Caporegime
- Joined
- 18 Oct 2002
- Posts
- 29,801
eBay: Hold my beer...
Soldato
It's just numbers. If LHR cards make the same profit as non-LHR cards, then miners will pay the same high prices for the cards.
"Locked", "unlocked", "pixie dust"...doesn't matter. It all boils down to "profit."
Soldato
Winter would be the best time to mine.. If you were going to heat your house with electric anyway then the mining is free surely?
- Joined
- 21 Jun 2006
- Posts
- 38,372
Yes and no.
You could mine before but got only 50% on Ethereum or 75% on ergo and 100% on everything else.
Ergo could be fooled into 100% by using low power limits.
Ethereum had been hacked to get to 70% from 50%.
You can now mine ergo at 70% of 100% and Ethereum at 30% of 100% meaning you now get 100% usage out of the card whilst mining.
Before you were getting maximum 70% when using Ethereum you can now push that to 100% by mining ergo at the same time or raven coin or the other third coin.
Either way. LHR cards could only work 100% on the likes of raven before but people want to mine Ethereum whilst maxing their ROI. You can do this now with this new unlock.
Profits on LHR cards have increased as a result.
Nvidia might launch a block in the next set of drivers ?
Caporegime
The LHR prices seem to have disappeared anyways
- Joined
- 21 Jun 2006
- Posts
- 38,372
And what difference would that make? They would just use previous drivers.
Everyone knew it would be cracked at some point. Miners I have been buying lhr cards for ages as they knew at some point it would be unlocked and it still mines perfectly well on other coins. Except for fe cards everything is lhr now so it’s all people can get hold of now anyway.
That's a pretty elaborate domestic mining setup to be able to hear every room with GPUs, let alone the noise.
I could be wrong but always thought profitability took electric prices into account.
Soldato
Considering energy prices in the UK are about to go up even more to feed the greedy shareholders I don't think mining is worth it at all anymore.
It's pointless with the current energy prices - Trading is the way to make more money!
Soldato
- Joined
- 22 Nov 2018
- Posts
- 2,715
This isn't good news. I gave both videos a thumbs down and tried to report them but none of the categories were suitable.
- Joined
- 21 Jun 2006
- Posts
- 38,372