Topic: Ethereum mining still profitable? - page 22. (Read 131303 times)

Quote from: Bokelka on July 01, 2016, 07:39:45 AM

The big players of ethereum don't need to mine, they bought the coin when it was cheap and have millions now. The softfork also will not pass because they discovered a vulnerability in the code that is suppose to cause problems for the miners and possibly blockchain but im not 100% on that. The big pools will accept a fork once something stable is proposed in hopes that it will be bullish to the market and raise the price.

The Ethereum devs really are screwing up big time. How they can propose a fork that has further problems is beyond me unless they want to crash the market.

They still have 14 days to solve the soft fork problem and implement it. I hope the new one does not have the problems.

I am mining with the 280X at the moment. It seems in 2 months, my mining operation will not be profitable.

If you use the default clocks and do not undervolte, you will not be profitable. If you use undervolt, one more month.

For high electricity price place, it is getting harder week after week to be profitable. The difficulty is too high.

That's why I am moving (and others have already moved) to a land of VERY VERY low electric rates.

sanas

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Quote from: Quesdana on July 01, 2016, 05:53:46 AM

Quote from: Quesdana on July 01, 2016, 05:53:46 AM

The big players of ethereum don't need to mine, they bought the coin when it was cheap and have millions now. The softfork also will not pass because they discovered a vulnerability in the code that is suppose to cause problems for the miners and possibly blockchain but im not 100% on that. The big pools will accept a fork once something stable is proposed in hopes that it will be bullish to the market and raise the price.

The Ethereum devs really are screwing up big time. How they can propose a fork that has further problems is beyond me unless they want to crash the market.

They still have 14 days to solve the soft fork problem and implement it. I hope the new one does not have the problems.

I am mining with the 280X at the moment. It seems in 2 months, my mining operation will not be profitable.

If you use the default clocks and do not undervolte, you will not be profitable. If you use undervolt, one more month.

For high electricity price place, it is getting harder week after week to be profitable. The difficulty is too high.

Bokelka

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Activity: 242

Merit: 250

The big players of ethereum don't need to mine, they bought the coin when it was cheap and have millions now. The softfork also will not pass because they discovered a vulnerability in the code that is suppose to cause problems for the miners and possibly blockchain but im not 100% on that. The big pools will accept a fork once something stable is proposed in hopes that it will be bullish to the market and raise the price.

The Ethereum devs really are screwing up big time. How they can propose a fork that has further problems is beyond me unless they want to crash the market.

They still have 14 days to solve the soft fork problem and implement it. I hope the new one does not have the problems.

I am mining with the 280X at the moment. It seems in 2 months, my mining operation will not be profitable.

If you use the default clocks and do not undervolte, you will not be profitable. If you use undervolt, one more month.

Quesdana

member

Activity: 212

Merit: 10

The big players of ethereum don't need to mine, they bought the coin when it was cheap and have millions now. The softfork also will not pass because they discovered a vulnerability in the code that is suppose to cause problems for the miners and possibly blockchain but im not 100% on that. The big pools will accept a fork once something stable is proposed in hopes that it will be bullish to the market and raise the price.

The Ethereum devs really are screwing up big time. How they can propose a fork that has further problems is beyond me unless they want to crash the market.

They still have 14 days to solve the soft fork problem and implement it. I hope the new one does not have the problems.

I am mining with the 280X at the moment. It seems in 2 months, my mining operation will not be profitable.

sanas

hero member

Activity: 546

Merit: 500

Quote from: Bokelka on June 29, 2016, 02:27:53 PM

The big players of ethereum don't need to mine, they bought the coin when it was cheap and have millions now. The softfork also will not pass because they discovered a vulnerability in the code that is suppose to cause problems for the miners and possibly blockchain but im not 100% on that. The big pools will accept a fork once something stable is proposed in hopes that it will be bullish to the market and raise the price.

The Ethereum devs really are screwing up big time. How they can propose a fork that has further problems is beyond me unless they want to crash the market.

They still have 14 days to solve the soft fork problem and implement it. I hope the new one does not have the problems.

Tmdz

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Quote from: zalucia on June 29, 2016, 05:12:35 AM

Quote from: Bemerand on June 28, 2016, 10:22:15 AM

Quote from: zalucia on June 29, 2016, 05:12:35 AM

yes it is, but its also got really hard since the difficulty raise up that much and the DAO was attacked.

regards

The difficulty is already 54T, another all time high. The miners are so confident that the price will rise further.

Maybe the big owners of the Ethereum are also miners themselves. That is the reason why most miners support the soft fork.

That could be a good thing. Does it also mean the miners will also support the hard fork if they want to recover the loss?

They will definitely support the hard fork if they are also the owner of the DAO. They will save themselves.

The big players of ethereum don't need to mine, they bought the coin when it was cheap and have millions now. The softfork also will not pass because they discovered a vulnerability in the code that is suppose to cause problems for the miners and possibly blockchain but im not 100% on that. The big pools will accept a fork once something stable is proposed in hopes that it will be bullish to the market and raise the price.

The Ethereum devs really are screwing up big time. How they can propose a fork that has further problems is beyond me unless they want to crash the market.

querulous

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Not to sure how accurate whattomine is but I switched across to expanse and see how it goes over the next few days

Bokelka

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Quote from: Bemerand on June 28, 2016, 10:22:15 AM

Quote from: Bemerand on June 28, 2016, 10:22:15 AM

yes it is, but its also got really hard since the difficulty raise up that much and the DAO was attacked.

regards

The difficulty is already 54T, another all time high. The miners are so confident that the price will rise further.

Maybe the big owners of the Ethereum are also miners themselves. That is the reason why most miners support the soft fork.

That could be a good thing. Does it also mean the miners will also support the hard fork if they want to recover the loss?

They will definitely support the hard fork if they are also the owner of the DAO. They will save themselves.

zalucia

sr. member

Activity: 252

Merit: 250

yes it is, but its also got really hard since the difficulty raise up that much and the DAO was attacked.

regards

The difficulty is already 54T, another all time high. The miners are so confident that the price will rise further.

Maybe the big owners of the Ethereum are also miners themselves. That is the reason why most miners support the soft fork.

That could be a good thing. Does it also mean the miners will also support the hard fork if they want to recover the loss?

Bemerand

hero member

Activity: 532

Merit: 500

yes it is, but its also got really hard since the difficulty raise up that much and the DAO was attacked.

regards

The difficulty is already 54T, another all time high. The miners are so confident that the price will rise further.

Maybe the big owners of the Ethereum are also miners themselves. That is the reason why most miners support the soft fork.

apriyoni

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