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Topic: Do you think miners will ever see 15$+ a day again (Read 849 times)

newbie
Activity: 16
Merit: 0
With PoS being seen as the future consensus algorithms for crypto, is there any future for current methods of solo mining with an always increasing difficulty rate or is being chosen as a validator your best bet for making a profit?
hero member
Activity: 756
Merit: 507
who knows, all is possible in this crazy crypto world, for example  bitcoins will rise within a week to 30K and here we go, your 8$ per rig will be kinda 20$ per week.  or for example nicehash will be troubled and then we will see high profit again.. an so on)
full member
Activity: 166
Merit: 100
You dont realize we need more people using the coins your mining.   It doesnt increase value like magic.   Demand has to be there. 
newbie
Activity: 75
Merit: 0
Mine Raven and keep for 1year.
Raven is 49.000.000$ market cap coin. if devs wont fu.k this think up, have the potential to be top 5 crypto with market cap of 3.000.000.000 that is 60x you profit today. good luck
newbie
Activity: 12
Merit: 0
Only if ZEC forks to something ASIC and FPGA resistent, combined with a new market bull run and a good 4x gain in ZEC value to the BTC.
member
Activity: 644
Merit: 24
I dont know what you guys are doing. Im getting $30 a day on a 7 card rig and this is while everything is down.
How much did you spent to buy 7 card rig?


What you need to worry about is how much you would have to spend to buy gpu's.
newbie
Activity: 1
Merit: 0
I dont know what you guys are doing. Im getting $30 a day on a 7 card rig and this is while everything is down.
How much did you spent to buy 7 card rig?
member
Activity: 644
Merit: 24
I dont know what you guys are doing. Im getting $30 a day on a 7 card rig and this is while everything is down.

Everything is sort of down.  I mean rvn isn't doing bad at all.  Ten days ago it was trading for 300 some sat's.  Now it's trading for over 500 sat's.  Pretty big gain there. 
sr. member
Activity: 462
Merit: 336
there are some coins that are already bringing even more then 15$ per 1080ti

Which coins are these? Each 1080TI I have seen has been maxed out at about $7 a day, when it is getting a little bit lucky. $15 a day per 1080TI sounds like ATH numbers and not current numbers. Give me some more information, cause AFAIK there are no coins performing at this level.
sr. member
Activity: 532
Merit: 250
The harder your life is the more meaning it has.
of course it can , crypto always came back and every year we had golden ages of mining just keep your rigs well and running you get your share m8.
newbie
Activity: 322
Merit: 0
5 1080's, 1 1070ti and one 1080ti. Mining RVN. Getting roughly 600 coins a day.
jr. member
Activity: 279
Merit: 1
I dont know what you guys are doing. Im getting $30 a day on a 7 card rig and this is while everything is down.
what cards are you using and what coin?
member
Activity: 154
Merit: 10
Atm i dont see it far fetched as there are some coins that are already bringing even more then 15$ per 1080ti but when asics take over the equihash and ethash pushing out gpus from it we will be in trouble.Unless there is some new coin that can take large amount of hash like raven or 0x coins turn out to be the next big thing
newbie
Activity: 65
Merit: 0
I primarily mine ETH because I cant afford to spend more than 2 or 3 hours per week on the whole process. Even if ETH mining is not the most efficient for my AMD rigs, it has been most stable way to just passively earning few coins.

I tend to do the same, it also seems that everytime I try and switch to something else, either the diff increases insanely or the price dumps which in turn ends me up at lower profits then simply running ETH.

I would rather have a stable ~10USD profits per day with my rigs doing crypto, compared to "perhaps" getting more than that.
member
Activity: 644
Merit: 24
Not easy for ETH miners.

Ok ... So don't mine ETH.
newbie
Activity: 322
Merit: 0
I dont know what you guys are doing. Im getting $30 a day on a 7 card rig and this is while everything is down.
hero member
Activity: 2548
Merit: 607
Sure, but sustainability of such rates is the real question.  When is also another questions as it seems "new" ASICs are coming out rather regularly.
jr. member
Activity: 279
Merit: 1
I primarily mine ETH because I cant afford to spend more than 2 or 3 hours per week on the whole process. Even if ETH mining is not the most efficient for my AMD rigs, it has been most stable way to just passively earning few coins.
sr. member
Activity: 462
Merit: 336
I doubt GPU's will be so profitable again.

So you're doubting that the prices of coins will pop back up to where they were a couple of months ago? The difficulties around the board really aren't that bad, even after all of the mining hype we've seen. It just seems like the prices and exchange rates are pretty low temporarily. I doubt GPUs will stay so low in profitability.

In most likly hood they mine back there investment before selling the units.

Those are some spicy typos. I would highly encourage you to research your claims before you start ripping off statements as if they are facts. You honestly believe that these manufacturers mine back their investment, which would take months at the least, before they sell the units even though they're making a profit on selling the units and their hashrate is a time-bomb in terms of the demand for the machines? I can't imagine that to be the case, except is rare, exceptional cases. I wouldn't mind reading some evidence for these claims if you have it, though.

Not easy for ETH miners.

Of course it isn't easy for people that have willingly chose to limit their pool of opportunity and profit. I don't know why you would limit yourself to specifically mining ETH, when there are endlessly better options for every possible reason that you are using to justify mining it. Do you believe ETH will go up in price? Then mine something that makes you more $, buy the ETH, and end up with more than you would've by mining it directly. Do you think your hardware performs best on ETH? It doesn't. I've just never heard of someone exclusively mining ETH and being better off for avoiding making more money/coin.
sr. member
Activity: 512
Merit: 260
I doubt GPU's will be so profitable again. Bitmain and other asic manufacture has R&D labs to sustain so they will be making more and more asic's. And as you see with Z3, people will continue to buy regardless if the coins might fork or not. In most likly hood they mine back there investment before selling the units.

So that will bring the spikes in check.

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