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Topic: Ethereum mining still profitable? - page 38. (Read 131303 times)

hero member
Activity: 1008
Merit: 1000
April 15, 2016, 08:02:50 PM
Mining Ether is starting to get crappy, with the high difficulty and drop in price.  I'm on ethermine and I could login and see my balance ticking up quite nicely but now it nearly moves, I know I can't be earning what they estimate.  I might point my hardware over to nano and if I still don't like it I'll point to another alt that's more volatile.  Another alt will rise up one day but for now its slim profits all around.
legendary
Activity: 1526
Merit: 1026
April 15, 2016, 04:02:40 PM
We had good times tor mining eth. May be we will start to miss the time. Will wait for another super coin. Happy mining
legendary
Activity: 1176
Merit: 1015
April 15, 2016, 03:47:56 PM
For the current profitability of the Ethereum mining, it is OK to mine with existing GPU, but do not buy new ones.

Buy only cheap powerful used cards only with mining profits you already have.



The cheap power used cards are usually not efficient than the new cards. For example, the 280x is not as efficient as the R9 nano.

Right now it is not the time to be efficient. I don't know about next monday.


full member
Activity: 219
Merit: 100
CTO/Spokesman
April 15, 2016, 03:24:44 PM
For the current profitability of the Ethereum mining, it is OK to mine with existing GPU, but do not buy new ones.

Buy only cheap powerful used cards only with mining profits you already have.



The cheap power used cards are usually not efficient than the new cards. For example, the 280x is not as efficient as the R9 nano.
legendary
Activity: 1176
Merit: 1015
April 15, 2016, 12:32:40 PM
For the current profitability of the Ethereum mining, it is OK to mine with existing GPU, but do not buy new ones.

Buy only cheap powerful used cards only with mining profits you already have.

legendary
Activity: 3248
Merit: 1072
April 15, 2016, 11:40:18 AM
i am not  paying eletricity where i live so yes , for me mining ETH  is still profitable , i am using a R9 - 280x(Gigabyte), sometimes she makes some noise but mostly of times she goes just fine because the tree coolers, i have with her now 24 mh/s (oveclocked)
i think maybe i can receive like $2,70 ~ $3,00 per day

For the current profitability of the Ethereum mining, it is OK to mine with existing GPU, but do not buy new ones.

i bought new one instead, because i believe that this is not the end, new coin will emerge with a good profit, in the future, just wait and see

who is thinking that crypto is finished with ethereum don't know what he is talking about
full member
Activity: 221
Merit: 100
April 15, 2016, 11:10:46 AM
i am not  paying eletricity where i live so yes , for me mining ETH  is still profitable , i am using a R9 - 280x(Gigabyte), sometimes she makes some noise but mostly of times she goes just fine because the tree coolers, i have with her now 24 mh/s (oveclocked)
i think maybe i can receive like $2,70 ~ $3,00 per day

For the current profitability of the Ethereum mining, it is OK to mine with existing GPU, but do not buy new ones.
full member
Activity: 252
Merit: 100
Join The Blockchain Revolution In Logistics
April 15, 2016, 09:23:18 AM
i am not  paying eletricity where i live so yes , for me mining ETH  is still profitable , i am using a R9 - 280x(Gigabyte), sometimes she makes some noise but mostly of times she goes just fine because the tree coolers, i have with her now 24 mh/s (oveclocked)
i think maybe i can receive like $2,70 ~ $3,00 per day
legendary
Activity: 3248
Merit: 1072
April 15, 2016, 09:19:16 AM
I think the Ethereum mining is still profitable. But the it becomes less profitable due to the drop of price.

difficulty is sky high, you will get less coin than before and ultimately not that much profitable, yet most profitable now
yeah the mining profit has dropped like crazy in the last 3 weeks, dificulty should readjust soon with the price fall.

Dont think so. Will keep rising since its still very profitable

The difficulty will rise again until the high electricity cost miners drop out of the business. So it will double.

If the price keeps on dropping and the price is also not recovering, for most miners, it will not be profitable.

It is still profitable for some people, so the hash rate is increasing the difficulty is still rising very fast.

If the hash rate double again next month, the mining will not be profitable for most people in Europe.

we can hope for the price increase for bitcoin, this will make or alt profitable again, without the need of waiting for the alt itself to increase in value

I do not understand this. For the Ethereum, if the price is the same in dollar terms, and the difficulty rises, it will be less profitable.

if bitcoin price is 800, it mean that ethereum also it's double in value against fiat, so 1 ethereum is still 0.02 in bitcoin, but those 0.02 will be worth 2x what they are worth now
sr. member
Activity: 252
Merit: 250
April 15, 2016, 08:57:53 AM
I think the Ethereum mining is still profitable. But the it becomes less profitable due to the drop of price.

difficulty is sky high, you will get less coin than before and ultimately not that much profitable, yet most profitable now
yeah the mining profit has dropped like crazy in the last 3 weeks, dificulty should readjust soon with the price fall.

Dont think so. Will keep rising since its still very profitable

The difficulty will rise again until the high electricity cost miners drop out of the business. So it will double.

If the price keeps on dropping and the price is also not recovering, for most miners, it will not be profitable.

It is still profitable for some people, so the hash rate is increasing the difficulty is still rising very fast.

If the hash rate double again next month, the mining will not be profitable for most people in Europe.

we can hope for the price increase for bitcoin, this will make or alt profitable again, without the need of waiting for the alt itself to increase in value

I do not understand this. For the Ethereum, if the price is the same in dollar terms, and the difficulty rises, it will be less profitable.
legendary
Activity: 3248
Merit: 1072
April 15, 2016, 06:02:46 AM
I think the Ethereum mining is still profitable. But the it becomes less profitable due to the drop of price.

difficulty is sky high, you will get less coin than before and ultimately not that much profitable, yet most profitable now
yeah the mining profit has dropped like crazy in the last 3 weeks, dificulty should readjust soon with the price fall.

Dont think so. Will keep rising since its still very profitable

The difficulty will rise again until the high electricity cost miners drop out of the business. So it will double.

If the price keeps on dropping and the price is also not recovering, for most miners, it will not be profitable.

It is still profitable for some people, so the hash rate is increasing the difficulty is still rising very fast.

If the hash rate double again next month, the mining will not be profitable for most people in Europe.

we can hope for the price increase for bitcoin, this will make or alt profitable again, without the need of waiting for the alt itself to increase in value
full member
Activity: 238
Merit: 100
April 15, 2016, 05:12:15 AM
I think the Ethereum mining is still profitable. But the it becomes less profitable due to the drop of price.

difficulty is sky high, you will get less coin than before and ultimately not that much profitable, yet most profitable now
yeah the mining profit has dropped like crazy in the last 3 weeks, dificulty should readjust soon with the price fall.

Dont think so. Will keep rising since its still very profitable

The difficulty will rise again until the high electricity cost miners drop out of the business. So it will double.

If the price keeps on dropping and the price is also not recovering, for most miners, it will not be profitable.

It is still profitable for some people, so the hash rate is increasing the difficulty is still rising very fast.

If the hash rate double again next month, the mining will not be profitable for most people in Europe.
sr. member
Activity: 428
Merit: 250
April 14, 2016, 03:54:58 AM
I think the Ethereum mining is still profitable. But the it becomes less profitable due to the drop of price.

difficulty is sky high, you will get less coin than before and ultimately not that much profitable, yet most profitable now
yeah the mining profit has dropped like crazy in the last 3 weeks, dificulty should readjust soon with the price fall.

Dont think so. Will keep rising since its still very profitable

The difficulty will rise again until the high electricity cost miners drop out of the business. So it will double.

If the price keeps on dropping and the price is also not recovering, for most miners, it will not be profitable.

It is still profitable for some people, so the hash rate is increasing the difficulty is still rising very fast.
sr. member
Activity: 252
Merit: 250
April 13, 2016, 12:23:31 PM
of course, why not it is more profitable and generate extra income to the country. But a small issue is there what it is it will damages the earth and as well Environment.

Only if your electric company uses non renewable resources such as coal, the ppl with cheap power typically have hydro so it is not harmful.

For the time being, the most profitable miners are using the hydro power in high mountains, so it is environmental friendly.
hero member
Activity: 1008
Merit: 1000
April 13, 2016, 10:22:48 AM
of course, why not it is more profitable and generate extra income to the country. But a small issue is there what it is it will damages the earth and as well Environment.

Only if your electric company uses non renewable resources such as coal, the ppl with cheap power typically have hydro so it is not harmful.
full member
Activity: 201
Merit: 100
April 13, 2016, 09:08:56 AM
I think the Ethereum mining is still profitable. But the it becomes less profitable due to the drop of price.

difficulty is sky high, you will get less coin than before and ultimately not that much profitable, yet most profitable now
yeah the mining profit has dropped like crazy in the last 3 weeks, dificulty should readjust soon with the price fall.

Dont think so. Will keep rising since its still very profitable

The difficulty will rise again until the high electricity cost miners drop out of the business. So it will double.

If the price keeps on dropping and the price is also not recovering, for most miners, it will not be profitable.
full member
Activity: 159
Merit: 100
April 13, 2016, 02:48:36 AM
I think the Ethereum mining is still profitable. But the it becomes less profitable due to the drop of price.

difficulty is sky high, you will get less coin than before and ultimately not that much profitable, yet most profitable now
yeah the mining profit has dropped like crazy in the last 3 weeks, dificulty should readjust soon with the price fall.

Dont think so. Will keep rising since its still very profitable

The difficulty will rise again until the high electricity cost miners drop out of the business. So it will double.
newbie
Activity: 24
Merit: 0
April 13, 2016, 02:35:08 AM
of course, why not it is more profitable and generate extra income to the country. But a small issue is there what it is it will damages the earth and as well Environment.
legendary
Activity: 3808
Merit: 1723
April 13, 2016, 02:28:37 AM
I think the Ethereum mining is still profitable. But the it becomes less profitable due to the drop of price.

difficulty is sky high, you will get less coin than before and ultimately not that much profitable, yet most profitable now
yeah the mining profit has dropped like crazy in the last 3 weeks, dificulty should readjust soon with the price fall.

Dont think so. Will keep rising since its still very profitable
sr. member
Activity: 325
Merit: 250
April 13, 2016, 02:01:14 AM
I think the Ethereum mining is still profitable. But the it becomes less profitable due to the drop of price.

difficulty is sky high, you will get less coin than before and ultimately not that much profitable, yet most profitable now
yeah the mining profit has dropped like crazy in the last 3 weeks, dificulty should readjust soon with the price fall.
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