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Topic: Ethereum mining still profitable? - page 19. (Read 131303 times)

sr. member
Activity: 242
Merit: 250
August 01, 2016, 06:35:13 AM
What would be the effect on the network of ETH (fork) if miners from ETH migrate to ETC (given the low diff)?

The difficulty of the ETC has increased due to the profitability of mining ETC. So the price of ETC determines its difficulty.
sr. member
Activity: 399
Merit: 250
August 01, 2016, 02:36:00 AM
What would be the effect on the network of ETH (fork) if miners from ETH migrate to ETC (given the low diff)?
sr. member
Activity: 979
Merit: 258
August 01, 2016, 02:19:29 AM
i think profitable to this moon. because price and fast trend grafik
mining with gpu

It is profitable to mine the Ethereum now. But it is more profitable to mine other coins such as neoscrypt or lyra
I think ethereum is not profitable right now instead they are converting into ETC because they said this is a new version of ethereum.
We know about the issue in dao because of this hackers hack ether that can bring down the price of ethereum..

There are talks about the attack on the ETC at the moment. The price of ETC could drop a lot soon.

Somebody said he is going to protect the ETC network.
https://forum.ethereum.org/discussion/8679/51-attack-pool-against-etc/p4
full member
Activity: 191
Merit: 100
July 31, 2016, 07:22:30 AM
i think profitable to this moon. because price and fast trend grafik
mining with gpu

It is profitable to mine the Ethereum now. But it is more profitable to mine other coins such as neoscrypt or lyra
I think ethereum is not profitable right now instead they are converting into ETC because they said this is a new version of ethereum.
We know about the issue in dao because of this hackers hack ether that can bring down the price of ethereum..

There are talks about the attack on the ETC at the moment. The price of ETC could drop a lot soon.
sr. member
Activity: 364
Merit: 250
Marie Curie, 2 x Nobel Prizes Physics & Chemistry
July 31, 2016, 06:44:12 AM
Use this calculator  https://www.whattomine.com/
hero member
Activity: 924
Merit: 1001
July 31, 2016, 06:15:28 AM
i think profitable to this moon. because price and fast trend grafik
mining with gpu

It is profitable to mine the Ethereum now. But it is more profitable to mine other coins such as neoscrypt or lyra
I think ethereum is not profitable right now instead they are converting into ETC because they said this is a new version of ethereum.
We know about the issue in dao because of this hackers hack ether that can bring down the price of ethereum..
sr. member
Activity: 242
Merit: 250
July 31, 2016, 06:12:55 AM
i think profitable to this moon. because price and fast trend grafik
mining with gpu

It is profitable to mine the Ethereum now. But it is more profitable to mine other coins such as neoscrypt or lyra
newbie
Activity: 42
Merit: 0
July 31, 2016, 03:56:16 AM
i think profitable to this moon. because price and fast trend grafik
mining with gpu
full member
Activity: 191
Merit: 100
July 30, 2016, 08:58:56 AM
profitable if price ethereum up
i think mining ethereum profit with high gpu

The mining of the ETC is some times more profitable when you do the calculation. But when you sell the coins to the exchanges, the price is lower.

You have to sell the ETC as soon as you mine it. But most pool will only send you the ETC several times a day.
sr. member
Activity: 294
Merit: 250
July 30, 2016, 03:41:32 AM
profitable if price ethereum up
i think mining ethereum profit with high gpu

The mining of the ETC is some times more profitable when you do the calculation. But when you sell the coins to the exchanges, the price is lower.
newbie
Activity: 42
Merit: 0
July 29, 2016, 11:04:57 AM
profitable if price ethereum up
i think mining ethereum profit with high gpu
full member
Activity: 236
Merit: 100
July 29, 2016, 09:58:40 AM
Only if you purchase the equipment at a very low cost and mine in a place with a really low electricity fee.
Some guys even have free electricity, what makes things difficult for anyone who does not have such resources.

The Ethereum is profitable to mine even if your electricity price is more than $0.20 per kwh. Some other coins are also profitable.
newbie
Activity: 56
Merit: 0
July 28, 2016, 03:15:28 PM
Only if you purchase the equipment at a very low cost and mine in a place with a really low electricity fee.
Some guys even have free electricity, what makes things difficult for anyone who does not have such resources.
sr. member
Activity: 350
Merit: 250
July 28, 2016, 03:09:32 PM
But it is better to sell ETC as soon as it's mined because you can't predict how long it will last in the market, if it will get dumped and you do not want to be the one holding the bag should the coin get dumped.
sr. member
Activity: 358
Merit: 250
July 28, 2016, 02:23:00 PM
was it something to do at the fork to have our ethers on both chains ?

I think so. The appearance of the ETC has an effect on the ETH mining profit. Some times, it is more profitable to mine ETC.

The ETC price is too volatile. When you sell your mined coins, it will be less profitable. So after a while, not many people will mine it.

At this moment, mining ETC is 50% more profitable than mining ETH. But we do not know the profitability when you sell ETC.

If you can find a good pool to mine the ETC, it is generally more profitable to mine the ETC at the moment.
sr. member
Activity: 441
Merit: 250
July 28, 2016, 10:48:59 AM
was it something to do at the fork to have our ethers on both chains ?

I think so. The appearance of the ETC has an effect on the ETH mining profit. Some times, it is more profitable to mine ETC.

The ETC price is too volatile. When you sell your mined coins, it will be less profitable. So after a while, not many people will mine it.

At this moment, mining ETC is 50% more profitable than mining ETH. But we do not know the profitability when you sell ETC.
member
Activity: 212
Merit: 10
July 28, 2016, 09:28:30 AM
was it something to do at the fork to have our ethers on both chains ?

I think so. The appearance of the ETC has an effect on the ETH mining profit. Some times, it is more profitable to mine ETC.

The ETC price is too volatile. When you sell your mined coins, it will be less profitable. So after a while, not many people will mine it.
full member
Activity: 191
Merit: 100
July 28, 2016, 03:09:33 AM
was it something to do at the fork to have our ethers on both chains ?

I think so. The appearance of the ETC has an effect on the ETH mining profit. Some times, it is more profitable to mine ETC.
hero member
Activity: 501
Merit: 500
July 28, 2016, 02:24:31 AM
was it something to do at the fork to have our ethers on both chains ?
sr. member
Activity: 294
Merit: 250
July 27, 2016, 01:47:39 PM
Soon mining will only be profitable for the Chinese and people with free electricity.
Here in my place our electricity is free but the problem is i can afford to buy a good miner or set of GPU or CPu. to mine ethereum right now .. and i heard many people that ethereum right is not profitable to mine..

CPU mining is tough (you need top-notch i7, and returns are pretty meh), but gpu mining can go quite well. with free power a r9-290 card (~150usd) will pay for itself fully within 3-4 months

if you already have a desktop, its easy enough to plug in a gpu or two.

That is right. It is better to use the cheap 290 or 390 or even 480 to mine the Ethereum. But the difficulty is rising faster.

We have the choice of mining the two versions of the Ethereum, that is a good opportunities for miners.

You can switch between the ETC and ETH and mine the more profitable coin. It is quite convenient.
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