Ethereum mining still profitable? - page 34.

smaxz

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Quote from: BitMaxz on May 05, 2016, 09:40:48 AM

I think its not profitable to mine ethereum right now here in my country with current cost of 0.1cents because more people from bitcoin mining are converting into etherium mining.. and i think more difficulty for ethereum will come sooner.. if they release a new hardware with high speed mining rig..

i seriously doubt that.. bitcoin mining hardware will not work on the ethereum network. mining with gpu's is considerably more involved than what bitcoin ASIC technology has evolved to.

there will not be any "new hardware" with high speed mining for the ethereum network because

1) they have implemented safeguards that change things up every epoch or 30,000 blocks
2) its common knowledge proof of stake is an eventuality of this network.. meaning all hardware mining work is disregarded and the currently circulated coins themselves are the sole source for minting fresh ether.

not to say a new fast video card cant be released, but thats not going to bridge the gap from gpu to asic by any means.

BitMaxz

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Happy New year 🤗

I think its not profitable to mine ethereum right now here in my country with current cost of 0.1cents because more people from bitcoin mining are converting into etherium mining.. and i think more difficulty for ethereum will come sooner.. if they release a new hardware with high speed mining rig..

spiz0r

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Quote from: soixantedix on May 03, 2016, 06:53:23 AM

guys could you recommend eth pool you are mining with? thx

I started with suprnova, now I mine at ethermine.org, I receive almost double eth with the same hashrate. I recomend ethermine.org they are really good.

spiz0r

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Quote from: malekbaba on April 27, 2016, 01:58:42 PM

Quote from: sanadas on April 27, 2016, 06:19:51 AM

Quote from: Vaccinus on April 26, 2016, 01:47:31 AM

not profitable for me anymore, diff to high and price lower than before

If your electricity price is high, you have to undervoltage and underclock the graphics cards to make them more efficient.

undervolatage and under clock will make the mining more profitable ?? I do not think so... You will get less hash for less consumption , that is it

I undervolt (-100mV) and overclock (+30/+50) a little. I have a bigger hashrate and about 20% less power usage. (about 50-70W with 390x).

Ayers

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Quote from: soixantedix on May 03, 2016, 06:53:23 AM

guys could you recommend eth pool you are mining with? thx

dwarfpool is the best with the proxy, i'm getting the reward that the calcualtor say

alienesb

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Quote from: fricircled on May 02, 2016, 01:03:32 AM

Quote from: Penguen on May 01, 2016, 09:54:10 AM

Quote from: Bazelak on April 30, 2016, 02:21:58 AM

But the Ethereum difficulty is still rising, and it is rising very fast. So in a few weeks, not many people will make profit.

The eth mining is still profitable for dig but by day by diff higer. we will see , what will we do...

That is true. The difficulty is another all time high today. So only the people with cheap electricity can mine next month.

I long for the day the 2GB cards can no longer mine.

malekbaba

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Quote from: soixantedix on May 03, 2016, 06:53:23 AM

guys could you recommend eth pool you are mining with? thx

you may try suprnova and dwarfpool

RastoMan

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Quote from: soixantedix on May 03, 2016, 06:53:23 AM

guys could you recommend eth pool you are mining with? thx

I mine with Ethpool.org. It is very good. All my miners are pointing to that pool. It is quite reliable so far.

soixantedix

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guys could you recommend eth pool you are mining with? thx

fricircled

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Quote from: Penguen on May 01, 2016, 09:54:10 AM

Quote from: Bazelak on April 30, 2016, 02:21:58 AM

But the Ethereum difficulty is still rising, and it is rising very fast. So in a few weeks, not many people will make profit.

The eth mining is still profitable for dig but by day by diff higer. we will see , what will we do...

That is true. The difficulty is another all time high today. So only the people with cheap electricity can mine next month.

Eliovp

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Huh?

Quote from: malekbaba on April 27, 2016, 01:58:42 PM

Quote from: sanadas on April 27, 2016, 06:19:51 AM

Quote from: Vaccinus on April 26, 2016, 01:47:31 AM

not profitable for me anymore, diff to high and price lower than before

If your electricity price is high, you have to undervoltage and underclock the graphics cards to make them more efficient.

undervolatage and under clock will make the mining more profitable ?? I do not think so... You will get less hash for less consumption , that is it

So not true.. check my nano rom thread in my signature..

Penguen

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Quote from: Bazelak on April 30, 2016, 02:21:58 AM

But the Ethereum difficulty is still rising, and it is rising very fast. So in a few weeks, not many people will make profit.

The eth mining is still profitable for dig but by day by diff higer. we will see , what will we do...

Opquar

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Quote from: Xexen4 on May 01, 2016, 05:50:48 AM

Quote from: Bazelak on April 30, 2016, 02:21:58 AM

But the Ethereum difficulty is still rising, and it is rising very fast. So in a few weeks, not many people will make profit.

you are right
ether diff changed %35 on 1april to 30 april and prices dumped too

If the trend continues into the next two months, the profitability of the mining will be almost zero for us.

Xexen4

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Quote from: Bazelak on April 30, 2016, 02:21:58 AM

But the Ethereum difficulty is still rising, and it is rising very fast. So in a few weeks, not many people will make profit.

you are right
ether diff changed %35 on 1april to 30 april and prices dumped too

Bazelak

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But the Ethereum difficulty is still rising, and it is rising very fast. So in a few weeks, not many people will make profit.

parmatiya

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For the 280x cards in Europe, if you do not undervolt and under clock, the profit is very marginals now.

BattleField

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Quote from: malekbaba on April 27, 2016, 01:58:42 PM

Quote from: sanadas on April 27, 2016, 06:19:51 AM

Quote from: Vaccinus on April 26, 2016, 01:47:31 AM

not profitable for me anymore, diff to high and price lower than before

If your electricity price is high, you have to undervoltage and underclock the graphics cards to make them more efficient.

undervolatage and under clock will make the mining more profitable ?? I do not think so... You will get less hash for less consumption , that is it

It depends on the price of the Etheruem. If you drop your voltage by 10% and frequency by 10%, you consumes 30% less electricity and get 10% less hash.

malekbaba

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Quote from: sanadas on April 27, 2016, 06:19:51 AM

Quote from: Vaccinus on April 26, 2016, 01:47:31 AM

not profitable for me anymore, diff to high and price lower than before

If your electricity price is high, you have to undervoltage and underclock the graphics cards to make them more efficient.

undervolatage and under clock will make the mining more profitable ?? I do not think so... You will get less hash for less consumption , that is it

sanadas

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Merit: 250

Quote from: Vaccinus on April 26, 2016, 01:47:31 AM

not profitable for me anymore, diff to high and price lower than before

If your electricity price is high, you have to undervoltage and underclock the graphics cards to make them more efficient.

Bemerand

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Quote from: Amph on April 27, 2016, 01:10:43 AM

Quote from: adaseb on April 26, 2016, 03:06:25 PM

Feathercoin is not more profitable, its the same as ETH.

When the price went up so did the difficulty.

the average diff was lower, compared to the value of the coin, this because the value wne t fast to x8 while the diff was still swinging from x5 to x7

not to mention that those that were accumulating it before the pump made much more than etheruem...

That is very quick profit. It was indeed much more profitable than Ethereum mining. I did not get the chance to mine Feather coin.

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