today we are looking at cpu mining versus
gpu mining and could cpus possibly overthrow gpus in profitability
welcome everyone Rabid here and today we're going to talk a little bit about cpu mining versus gpu
mining and if cpus could potentially become more profitable than gpus now i am mining with
obviously we got some cpus up there we do have some hard drives right here we got gpus here gpus
there as well we've got a little atminer l3 asic miner right about here but the heated discussion
the past few days now is what how is cpu mining is it profitable and how is it compared to gpus
well as of the past couple days believe it or not a cpu six of these cpus is more profitable
than 30 70s now why do i compare it to 30 70s that is because for it's about the same price to
build one of these rigs as it is to buy a 30-70 gpu so this is a 30-70 card right on the end
founders edition non-lhr everything on this rig obviously is non-lhr we've got amd rigs on the top
360 ti's on the bottom it is a 12 gpu mining frame sitting at about 540 to 560 mega hash
but we're talking about the 30 70 comparison here so rtx 3070 is non-lhr now non-lhr is the
only way to go for mining ethereum you do have lhr cards and you it is taking up way too much power
than what it is actually worth when it comes to minor theory unless you're running solar
got free power or pain like two cents i would not recommend using lhr cards on ethereum throw
those things on ergo or ravencoin or something else but not a theorem anyway that's your own
strategy you do what you guys want to do so anyway we do have according to what to mine six 30 70s
is doing about 780 watts at the wall and they are making about 24.36 uh before power now after power
at 10 cents kilowatt hour you're making 22.49 per day so that's every 24 hours that's not too too
bad when it comes down to this gpu in particular now let's take a look at the cpu rigs these are
currently mining raptorium and on average they're averaging about 9 000 to 9 500 rtm now my last
payment this morning was 9152 rtm so that works out to be 23.77 per day so today i did make 23.77
compared to 24.36 on the 30 70s now these are also only using 582 watts total at the wall so that's
even less power i could fit two more of these cpu mining rigs for the same amount of power as six
30 70. so that's eight cpu rigs for the power of six 30 70s so i'd be making even more profit on
top of that okay so that's all fine and dandy cpus are almost as profitable as 3070s or gpus
okay now let's take ethereum 2.0 the transition of proof of work over to proof of stake what happens
at that point remember cpus are on their own algorithm they will not be affected by the hash
rate influx coming in from all the hash rate that is coming over from ethereum like ravencoin and
ergo and other coins will be we did a little work around here we expect about 16 times the hash rate
to flood onto this coin like say ravencoin for an example 16 times the hash rate could hit ravencoin
now we did a calculation that with only five times the hash rate at the current prices an rtx
3080 on ravencoin will be losing like six to eight cents per day so now you are losing profit on gpus
after the proof after the merge happens from proof of work to proof of stake on ethereum i know i
know prices will probably go up everything will go up crypto being a different market but if those
prices are going up bitcoins going up raptorium will go up as well so that argument still applies
to cpu mining becoming more profitable while gpu coins dropping down in profitability by
a fairly large chunk now couple months will go by people will be selling off a lot of cards we're
gonna see a lot of gpus at that point probably hit the market and then yeah the difficulty will start
going down and then the profitabilities will start coming up same thing people might sell their gpus
and start buying cpus and if the difficulty on the cpu algorithms go up we're in the same boat
and we'll be seeing declines in profitability on cpus it's always going to swing around each way
but not a lot of people are cpu mining currently but if a lot more people do get into it then of
course yes our profits will be going down here as well so i just wanted to point out a few things
that looks like they are happening and could happen in the future of crypto mining like i said
i'm not strictly a gpu miner i minor cpus i'm mine with gpus i'm mine with the hard drives i'm mine
with the asic i mine whatever i can to see what is the most profitable and what could become the
most profitable based on numbers and so far it is looking like cpus could surpass gpus in the near
future sometime mid next year depending when that does actually happen let me know in the comments
right below are you cpu mining are you gp mining you're mining chia with hard drives you're using
a6 what are you using i'd like to know what you guys are mining with what your guys profitability
is looking like and are you guys looking forward to the future is everyone just in the game trying
to get as much as they can on ethereum and that's it so if your head is like narrow path on straight
ethereum then you may be missing the big picture and you could be running into some major issues
into the future always try to run efficient look at all the numbers look at what is coming
gpu mining cpu mining and crypto mining in general is going to change sometime next year we
don't know when yet but it will happen so if you haven't hit that subscribe button thumbs up button
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