GTX 1060 Reviews

[Teeqoz]

JEMC said:

Teeqoz said:

I really doubt anyone (that aren't clueless) will use 1060s for bitcoin mining. You can buy an ASIC that gives you 20 times the bitcoin hashrate for 50 bucks.

http://products.butterflylabs.com/homepage-new-products/10-gh-s-bitcoin-miner.html

GPU-bitcoin mining is history. And that thing above is just a tiny widget that isn't really intended for dedicated bitcoin miners. For those, you they buy something like this:

https://bitmaintech.com/productDetail.htm?pid=000201607061255410704Cf0TyV70656

Sure, it costs 8 times the price of a 1060, but it is literally 48 THOUSAND times faster at bitcoin mining.

 

So yeah, I wouldn't worry about 1060s being bought up by bitcoin miners. GPUs suck for bitcoin mining.

I have to admit that I know nothing about mining besides what I've read in other forums, and I usually skip that part because I don't understand all the fuss about it.

That said, there was some excitement surrounding the RX 480 among that scene. You know, some of them are just "casual" miners that just buy a card and use it to mine with the hope of getting some of the card's cost back.

It'll be a very miniscule amount they'll get back on the card purchase. Like, less than 1$. Heck, I doubt they'll even make back the cash they spend on extra power.

 

Also no worries. I've never done bitcoin mining myself, but I did some research once (before I quickly dismissed the entire thing).

EDIT: but there might be some other types of cryptocurrencies where cards like these aren't useless.