Topic: Ethereum mining still profitable? - page 39. (Read 131243 times)

Quote from: antantti on April 15, 2016, 04:47:56 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.

If your electricity price is over $0.2, you will not be profitable when the difficulty double from current level.

who knows ? If the price goes up ? Even Eth mining is becoming less profitable, yet the best coin to mine now... Am I wrong ?

theres an x11 coin thats a bit more profitable i think (not by much, its about $1.25-$1.50/R9,270x/day)

That is quite good for the R9 270x as the card's price is cheaper than the 280x or the 380x. It will ROI.

if you focus on ROI, you can mine Eth only. With a 7950, in 2 months, one can mine 20 Eth. If ETH price is $10, $200 from a card in 2 months.

Wolf0

member

Activity: 81

Merit: 1002

It was only the wind.

Quote from: mikewillda on April 15, 2016, 04:24:44 PM

Quote from: antantti on April 15, 2016, 01:32:40 PM

Quote from: klondike_bar on April 16, 2016, 09:35:19 AM

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.

Not the time to be efficient? It's ALWAYS time to be efficient - maybe the upfront cost is too high if you only consider mining Eth, but honestly, if you go longer term on mining efficiently, you don't lose.

Fademigo

full member

Activity: 201

Merit: 102

Quote from: malekbaba on April 16, 2016, 08:17:01 AM

Quote from: malekbaba on April 16, 2016, 08:17:01 AM

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.

If your electricity price is over $0.2, you will not be profitable when the difficulty double from current level.

who knows ? If the price goes up ? Even Eth mining is becoming less profitable, yet the best coin to mine now... Am I wrong ?

theres an x11 coin thats a bit more profitable i think (not by much, its about $1.25-$1.50/R9,270x/day)

That is quite good for the R9 270x as the card's price is cheaper than the 280x or the 380x. It will ROI.

klondike_bar

legendary

Activity: 2128

Merit: 1005

ASIC Wannabe

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.

If your electricity price is over $0.2, you will not be profitable when the difficulty double from current level.

who knows ? If the price goes up ? Even Eth mining is becoming less profitable, yet the best coin to mine now... Am I wrong ?

theres an x11 coin thats a bit more profitable i think (not by much, its about $1.25-$1.50/R9,270x/day)

malekbaba

legendary

Activity: 1526

Merit: 1026

SellDefi.com | Earn by selling files

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.

If your electricity price is over $0.2, you will not be profitable when the difficulty double from current level.

who knows ? If the price goes up ? Even Eth mining is becoming less profitable, yet the best coin to mine now... Am I wrong ?

Narosya

sr. member

Activity: 428

Merit: 250

Quote from: Wolf0 on April 15, 2016, 08:58:13 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.

If your electricity price is over $0.2, you will not be profitable when the difficulty double from current level.

malekbaba

legendary

Activity: 1526

Merit: 1026

SellDefi.com | Earn by selling files

Even 8 months ago we could hardly earn $2 with a decent gpu, eth makes it possible.

antantti

legendary

Activity: 1176

Merit: 1015

Quote from: antantti on April 15, 2016, 04:47:56 PM

Quote from: mikewillda on April 15, 2016, 04:24:44 PM

Quote from: antantti on April 15, 2016, 01:32:40 PM

Quote from: mikewillda on April 15, 2016, 04:24:44 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.

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

Not the time to be efficient? It's ALWAYS time to be efficient - maybe the upfront cost is too high if you only consider mining Eth, but honestly, if you go longer term on mining efficiently, you don't lose.

With current earning levels I am starting to save power somewhere in 0.5€/kWh area.

If I had nano + Wolf0 bin + Wolf0 bios...

Tmdz

hero member

Activity: 1008

Merit: 1000

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.

malekbaba

legendary

Activity: 1526

Merit: 1026

SellDefi.com | Earn by selling files

We had good times tor mining eth. May be we will start to miss the time. Will wait for another super coin. Happy mining

antantti

legendary

Activity: 1176

Merit: 1015

Quote from: antantti on April 15, 2016, 01:32:40 PM

Quote from: antantti on April 15, 2016, 01:32:40 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.

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.

mikewillda

full member

Activity: 219

Merit: 100

CTO/Spokesman

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.

antantti

legendary

Activity: 1176

Merit: 1015

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.

Amph

legendary

Activity: 3248

Merit: 1070