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Topic: Ethereum mining still profitable? - page 15. (Read 131303 times)

member
Activity: 102
Merit: 10
August 28, 2016, 02:26:00 AM
I actually mine with 7950 AMD gpu and I really do not care about the price/hash coz I will only sell when I get enough profit. Price of ETH goes up and down. I do not stop mining and sell my coin at a good price and make some profit. hat is it

Is your electricity over $0.25/kWh? If so, you might make some loss if you do not undercock.
I undervolt all my 7950.
legendary
Activity: 1526
Merit: 1026
August 27, 2016, 02:21:46 PM
I actually mine with 7950 AMD gpu and I really do not care about the price/hash coz I will only sell when I get enough profit. Price of ETH goes up and down. I do not stop mining and sell my coin at a good price and make some profit. hat is it
hero member
Activity: 672
Merit: 500
August 27, 2016, 01:23:19 PM
Quote from: Restmand
We hope the Ethereum price to rise soon.
Keep dreaming...
legendary
Activity: 2072
Merit: 1030
I'm looking for free spin.
August 27, 2016, 12:50:31 PM
even 1 month ago, I was earning $1.5 from a single gpu. Today $1 is hard to earn. Still people are mining ethereum ?

 It's still profitable for me on my AMD rigs - though the profitability has dropped about a quarter over the last couple months.

 Profitability has dropped enough on my GTX 950 and GTX 960 based rigs that I dropped them from their "only intended to do it a short time to help pay for them" Ethereum mining to doing their originally intended purpose. I figure they probably paid for over half the cost of the video cards (I already HAD most of the rest of the hardware involved) over the course of the last couple months for the GTX 960s, and the GTX 950s are pretty much paid for as they were mining longer *AND* cost quite a bit less.

 Those rigs *ARE* still profitable - it's just that the GPUs involved aren't very good for Ethereum, while they CAN do some other "more usefull" stuff while pulling in a fairly close profit level.


 I'm debating seriously about building a few GTX 1070 based rigs - will probably mine with them for a while if I do, then shift to the same stuff I'm doing with the GTX 9xx rigs now, as the 1070 makes a TON more hashrate for not all that much more power. The questions there involve "they make more per watt, but they also COST a lot more per $ income" and I'm starting to push limits hard on both available cash AND available power.....



 GTX 1070 is a MUCH better card for Ethereum mining overall than the GTX 1080 - very similar hashrate, same or lower power efficiency, FAR LESS COST.
 GTX 1080 kicks on gaming and certain other usages, but for Ethereum it's a waste of money.


I use the AMD 7970 cards. If I use the stock settings, it is not profitable for me. So I have to undervolt and underclock.

If you pay $0.3 /kWh, it will not be profitable to mine with old cards. We hope the Ethereum price to rise soon.
Why you choose low or old gpu card that we can use high specs gpu.. better to go in high speed gpu than choosing low specs because its really not profitable its waste of time if you are just using low specs.. better to invest in high speed gpu that you can earn even $3 daily or more..
hero member
Activity: 803
Merit: 501
August 27, 2016, 12:45:17 PM
even 1 month ago, I was earning $1.5 from a single gpu. Today $1 is hard to earn. Still people are mining ethereum ?

 It's still profitable for me on my AMD rigs - though the profitability has dropped about a quarter over the last couple months.

 Profitability has dropped enough on my GTX 950 and GTX 960 based rigs that I dropped them from their "only intended to do it a short time to help pay for them" Ethereum mining to doing their originally intended purpose. I figure they probably paid for over half the cost of the video cards (I already HAD most of the rest of the hardware involved) over the course of the last couple months for the GTX 960s, and the GTX 950s are pretty much paid for as they were mining longer *AND* cost quite a bit less.

 Those rigs *ARE* still profitable - it's just that the GPUs involved aren't very good for Ethereum, while they CAN do some other "more usefull" stuff while pulling in a fairly close profit level.


 I'm debating seriously about building a few GTX 1070 based rigs - will probably mine with them for a while if I do, then shift to the same stuff I'm doing with the GTX 9xx rigs now, as the 1070 makes a TON more hashrate for not all that much more power. The questions there involve "they make more per watt, but they also COST a lot more per $ income" and I'm starting to push limits hard on both available cash AND available power.....



 GTX 1070 is a MUCH better card for Ethereum mining overall than the GTX 1080 - very similar hashrate, same or lower power efficiency, FAR LESS COST.
 GTX 1080 kicks on gaming and certain other usages, but for Ethereum it's a waste of money.


I use the AMD 7970 cards. If I use the stock settings, it is not profitable for me. So I have to undervolt and underclock.

where you got your 7970 ?? is it still in the market ? i heard with mod it is one of the best card now which give bang for the buck.
sr. member
Activity: 979
Merit: 258
August 27, 2016, 12:18:26 PM
even 1 month ago, I was earning $1.5 from a single gpu. Today $1 is hard to earn. Still people are mining ethereum ?

 It's still profitable for me on my AMD rigs - though the profitability has dropped about a quarter over the last couple months.

 Profitability has dropped enough on my GTX 950 and GTX 960 based rigs that I dropped them from their "only intended to do it a short time to help pay for them" Ethereum mining to doing their originally intended purpose. I figure they probably paid for over half the cost of the video cards (I already HAD most of the rest of the hardware involved) over the course of the last couple months for the GTX 960s, and the GTX 950s are pretty much paid for as they were mining longer *AND* cost quite a bit less.

 Those rigs *ARE* still profitable - it's just that the GPUs involved aren't very good for Ethereum, while they CAN do some other "more usefull" stuff while pulling in a fairly close profit level.


 I'm debating seriously about building a few GTX 1070 based rigs - will probably mine with them for a while if I do, then shift to the same stuff I'm doing with the GTX 9xx rigs now, as the 1070 makes a TON more hashrate for not all that much more power. The questions there involve "they make more per watt, but they also COST a lot more per $ income" and I'm starting to push limits hard on both available cash AND available power.....



 GTX 1070 is a MUCH better card for Ethereum mining overall than the GTX 1080 - very similar hashrate, same or lower power efficiency, FAR LESS COST.
 GTX 1080 kicks on gaming and certain other usages, but for Ethereum it's a waste of money.


I use the AMD 7970 cards. If I use the stock settings, it is not profitable for me. So I have to undervolt and underclock.

If you pay $0.3 /kWh, it will not be profitable to mine with old cards. We hope the Ethereum price to rise soon.
newbie
Activity: 65
Merit: 0
August 27, 2016, 07:07:30 AM
even 1 month ago, I was earning $1.5 from a single gpu. Today $1 is hard to earn. Still people are mining ethereum ?

 It's still profitable for me on my AMD rigs - though the profitability has dropped about a quarter over the last couple months.

 Profitability has dropped enough on my GTX 950 and GTX 960 based rigs that I dropped them from their "only intended to do it a short time to help pay for them" Ethereum mining to doing their originally intended purpose. I figure they probably paid for over half the cost of the video cards (I already HAD most of the rest of the hardware involved) over the course of the last couple months for the GTX 960s, and the GTX 950s are pretty much paid for as they were mining longer *AND* cost quite a bit less.

 Those rigs *ARE* still profitable - it's just that the GPUs involved aren't very good for Ethereum, while they CAN do some other "more usefull" stuff while pulling in a fairly close profit level.


 I'm debating seriously about building a few GTX 1070 based rigs - will probably mine with them for a while if I do, then shift to the same stuff I'm doing with the GTX 9xx rigs now, as the 1070 makes a TON more hashrate for not all that much more power. The questions there involve "they make more per watt, but they also COST a lot more per $ income" and I'm starting to push limits hard on both available cash AND available power.....



 GTX 1070 is a MUCH better card for Ethereum mining overall than the GTX 1080 - very similar hashrate, same or lower power efficiency, FAR LESS COST.
 GTX 1080 kicks on gaming and certain other usages, but for Ethereum it's a waste of money.


I use the AMD 7970 cards. If I use the stock settings, it is not profitable for me. So I have to undervolt and underclock.
legendary
Activity: 1498
Merit: 1030
August 25, 2016, 03:52:01 PM
even 1 month ago, I was earning $1.5 from a single gpu. Today $1 is hard to earn. Still people are mining ethereum ?

 It's still profitable for me on my AMD rigs - though the profitability has dropped about a quarter over the last couple months.

 Profitability has dropped enough on my GTX 950 and GTX 960 based rigs that I dropped them from their "only intended to do it a short time to help pay for them" Ethereum mining to doing their originally intended purpose. I figure they probably paid for over half the cost of the video cards (I already HAD most of the rest of the hardware involved) over the course of the last couple months for the GTX 960s, and the GTX 950s are pretty much paid for as they were mining longer *AND* cost quite a bit less.

 Those rigs *ARE* still profitable - it's just that the GPUs involved aren't very good for Ethereum, while they CAN do some other "more usefull" stuff while pulling in a fairly close profit level.


 I'm debating seriously about building a few GTX 1070 based rigs - will probably mine with them for a while if I do, then shift to the same stuff I'm doing with the GTX 9xx rigs now, as the 1070 makes a TON more hashrate for not all that much more power. The questions there involve "they make more per watt, but they also COST a lot more per $ income" and I'm starting to push limits hard on both available cash AND available power.....



 GTX 1070 is a MUCH better card for Ethereum mining overall than the GTX 1080 - very similar hashrate, same or lower power efficiency, FAR LESS COST.
 GTX 1080 kicks on gaming and certain other usages, but for Ethereum it's a waste of money.

sr. member
Activity: 568
Merit: 250
August 25, 2016, 12:42:40 PM
I think it depends if what GPU are you using if you have only low specs of GPU you can only earn cents per day.. now many people are mining ethereum so the rewards is decreasing and many people are buying more effective and high performance GPU and increase the GPU in there mining rig..
So if you have more GPU mining its still profitable..

That is right. If you have the old GPU like the 7970, the efficiency is low, it will become less profitable soon.

If it is RX480, it is more profitable.

if you want to buy new GPU, it will cost even more dollars. Reinvest for ETH mining is not that much worthy. At least old gpu will mine something without any investment.

Do you know any other coins worth mining more than the Ethereum? The Ethereum will become PoS in a few months.

I think the Ethereum is still the most profitable to mine for most people. The next good one could be the ZCash.
newbie
Activity: 33
Merit: 0
August 25, 2016, 03:16:30 AM
I think it depends if what GPU are you using if you have only low specs of GPU you can only earn cents per day.. now many people are mining ethereum so the rewards is decreasing and many people are buying more effective and high performance GPU and increase the GPU in there mining rig..
So if you have more GPU mining its still profitable..

That is right. If you have the old GPU like the 7970, the efficiency is low, it will become less profitable soon.

If it is RX480, it is more profitable.

if you want to buy new GPU, it will cost even more dollars. Reinvest for ETH mining is not that much worthy. At least old gpu will mine something without any investment.

Do you know any other coins worth mining more than the Ethereum? The Ethereum will become PoS in a few months.
legendary
Activity: 1526
Merit: 1026
August 25, 2016, 03:13:23 AM
I think it depends if what GPU are you using if you have only low specs of GPU you can only earn cents per day.. now many people are mining ethereum so the rewards is decreasing and many people are buying more effective and high performance GPU and increase the GPU in there mining rig..
So if you have more GPU mining its still profitable..

That is right. If you have the old GPU like the 7970, the efficiency is low, it will become less profitable soon.

If it is RX480, it is more profitable.

if you want to buy new GPU, it will cost even more dollars. Reinvest for ETH mining is not that much worthy. At least old gpu will mine something without any investment.
member
Activity: 116
Merit: 10
August 25, 2016, 02:21:23 AM
I think it depends if what GPU are you using if you have only low specs of GPU you can only earn cents per day.. now many people are mining ethereum so the rewards is decreasing and many people are buying more effective and high performance GPU and increase the GPU in there mining rig..
So if you have more GPU mining its still profitable..

That is right. If you have the old GPU like the 7970, the efficiency is low, it will become less profitable soon.

If it is RX480, it is more profitable.
legendary
Activity: 1638
Merit: 1046
August 24, 2016, 12:27:48 PM
I think it depends if what GPU are you using if you have only low specs of GPU you can only earn cents per day.. now many people are mining ethereum so the rewards is decreasing and many people are buying more effective and high performance GPU and increase the GPU in there mining rig..
So if you have more GPU mining its still profitable..
legendary
Activity: 2072
Merit: 1030
I'm looking for free spin.
August 24, 2016, 12:20:24 PM
even 1 month ago, I was earning $1.5 from a single gpu. Today $1 is hard to earn. Still people are mining ethereum ?
I think they are still mining because they already made a profit in mining. also i think thats why the earnings in ethereum mining right now is low because many people are mining it.
sr. member
Activity: 242
Merit: 250
August 24, 2016, 12:14:54 PM
even 1 month ago, I was earning $1.5 from a single gpu. Today $1 is hard to earn. Still people are mining ethereum ?

with dual mining it's still above $1.5 for a 1070, actually nearly $2 depend on electricity

what about 1080 is it still profitable ?? i was planning to buy a couple specially for this . if its worth it i will go for it ... please help

The 1080 is not good for the Ethereum mining. It is GDDR5X memory, that is not suitable for the Ethereum mining.
hero member
Activity: 803
Merit: 501
August 24, 2016, 12:12:55 PM
even 1 month ago, I was earning $1.5 from a single gpu. Today $1 is hard to earn. Still people are mining ethereum ?

with dual mining it's still above $1.5 for a 1070, actually nearly $2 depend on electricity

what about 1080 is it still profitable ?? i was planning to buy a couple specially for this . if its worth it i will go for it ... please help
legendary
Activity: 3248
Merit: 1072
August 24, 2016, 12:08:15 PM
even 1 month ago, I was earning $1.5 from a single gpu. Today $1 is hard to earn. Still people are mining ethereum ?

with dual mining it's still above $1.5 for a 1070, actually nearly $2 depend on electricity
legendary
Activity: 1526
Merit: 1026
August 24, 2016, 11:50:06 AM
even 1 month ago, I was earning $1.5 from a single gpu. Today $1 is hard to earn. Still people are mining ethereum ?
newbie
Activity: 20
Merit: 0
August 23, 2016, 08:27:05 PM
okay maybe i will look into this new API myself

It's not an API - it's the pp_table entry in the device folder of sysfs - if you can figure out the format, read it, parse it, write to it, and the AMDGPU driver will reset and load it.

All I can read from it is binary :/
hero member
Activity: 672
Merit: 500
August 23, 2016, 03:49:53 PM
okay maybe i will look into this new API myself
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