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Topic: Ethereum mining still profitable? - page 4. (Read 131200 times)

full member
Activity: 504
Merit: 100
September 22, 2017, 11:31:49 AM
ETC is more profitable than ETH
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
September 22, 2017, 11:21:02 AM
Why. I notice my card profit is less than $1.

It is much much less than whattomine says, so whattomine right now says $0.90 per card, that is bullshit, right now profit is around $0.35 per card. well i would not say profit at all, that is more like a gift money for keeping the network safe hehe, profit would be if it was more than $3 which was just for 3 weeks hehe.
newbie
Activity: 68
Merit: 0
September 22, 2017, 11:03:25 AM
dream on, it will be back to at least 1.50 percard

The only one dreaming here is you, face the reality troll.

Why. I notice my card profit is less than $1.
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
September 17, 2017, 09:35:09 AM
dream on, it will be back to at least 1.50 percard

The only one dreaming here is you, face the reality troll.
full member
Activity: 1148
Merit: 132
September 17, 2017, 09:08:21 AM
I warned you trolls, you never listened to me hehe, right now profit per card is around $0.40 a day, mining 24 hours, soon will be $0.05 and we will get to a time where you will have to pay to mine hehe

But do not worry cause you can always trade your gpu's x fabricated coffins to rest in peace after you commit suicide hehe

dream on it wont never go to .05 per card are u crazy? mining across the board is all down due to the china fud
by end of oct nov coins will pump again and it will be back to at least 1.50 percard
brand new
Activity: 0
Merit: 0
August 02, 2017, 03:16:42 PM
With the low eth rate at exchanges, the profitability is going down badly.
I cancelled my orders for more rigs...

I did the same. If the price do not recover, I will sell my rigs.

same here. I am not sure I will ROI at this point... best option may be to at least sell my GPUs (1070s)
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
September 17, 2017, 06:26:44 AM
I warned you trolls, you never listened to me hehe, right now profit per card is around $0.40 a day, mining 24 hours, soon will be $0.05 and we will get to a time where you will have to pay to mine hehe

But do not worry cause you can always trade your gpu's x fabricated coffins to rest in peace after you commit suicide hehe
full member
Activity: 812
Merit: 142
September 17, 2017, 04:25:42 AM
It is profitabile for people who made rig 2 months ago and earlier but i if you want to make rig now I think that isn't profitabile because ROI is near 1 year. Hardware is just so expensive.

Yes there are only few people left mining this in our country now because of some of the reason like electricity costs is very high. If you have your own space then its fine else rentals may kill you where electricity is 24 hours available. Plus the cost of rigs are expensive and above all ROI is a long period wait due to which buying directly is beneficial.
member
Activity: 98
Merit: 10
September 17, 2017, 03:41:11 AM
Yes in 2017. You can make a few bucks a day if you have a decent setup and cheap electricity.
hero member
Activity: 2590
Merit: 549
Rollbit
September 17, 2017, 03:35:25 AM
Very lucky that pos was postponed for another year

Mining is still profitable for people already in. I highly discourage anyone to join it now since in two months, maybe three, mining will completely stop because of Casper, meaning a transition from PoW to PoS.

What? What is it now? PoS soon or postponed?

PoS won't be until 2018 at the earliest. The fact that there is no concrete timeline should tell you a lot about how close to "finished" it is.

I think they should do the work properly before upgrading.
member
Activity: 210
Merit: 10
September 11, 2017, 03:36:05 AM
The other problem is the ICE age or the diffculty bomb.

Which has been partially disarmed by the recent update.

So basicly this means.. more power = more coins ??
I mean.. The difficulty will be straight line just like on ETC?

In the near future, when the time bomb is defused, it is similar.
sr. member
Activity: 362
Merit: 250
August 30, 2017, 09:43:13 AM
The other problem is the ICE age or the diffculty bomb.

Which has been partially disarmed by the recent update.

So basicly this means.. more power = more coins ??
I mean.. The difficulty will be straight line just like on ETC?
full member
Activity: 292
Merit: 100
Miningcore
August 30, 2017, 09:41:13 AM
The other problem is the ICE age or the diffculty bomb.

Which has been partially disarmed by the recent update.
member
Activity: 97
Merit: 10
August 30, 2017, 09:28:12 AM
It's profitable still  & is going to be all the way into metropolis because the demand for ether is going to continue to go up. I've heard that metropolis greatly reduces the inflation so there will be substantially less coins generated so we are going to see a large increase again in the price before & after metro.
member
Activity: 116
Merit: 10
August 30, 2017, 09:13:33 AM
It is profitabile for people who made rig 2 months ago and earlier but i if you want to make rig now I think that isn't profitabile because ROI is near 1 year. Hardware is just so expensive.

I think so. That is the reason I am not expanding anymore.

The difficulty of ETH is rising too fast. Only people with cheap electriicty will be profitable soon.
newbie
Activity: 65
Merit: 0
August 28, 2017, 04:49:48 AM
It is profitabile for people who made rig 2 months ago and earlier but i if you want to make rig now I think that isn't profitabile because ROI is near 1 year. Hardware is just so expensive.

I think so. That is the reason I am not expanding anymore.
hero member
Activity: 714
Merit: 503
August 23, 2017, 02:06:58 PM
It is profitabile for people who made rig 2 months ago and earlier but i if you want to make rig now I think that isn't profitabile because ROI is near 1 year. Hardware is just so expensive.
full member
Activity: 280
Merit: 100
August 22, 2017, 08:09:11 PM
It is profitable for now but maybe not Next Month with Metropolis
newbie
Activity: 68
Merit: 0
August 22, 2017, 01:05:17 PM

I've been mining SIGT for the last week, profitability better than ETH and takes less power too.


What is your rig? AMD or Nvidia cards?

AMD RX 580s, Nvidia would be much better, but even with AMD it's more profitable than ETH especially it was going up for the last few days.



But the difficulty has gone up a lot as well.

The other problem is the ICE age or the diffculty bomb.
full member
Activity: 236
Merit: 100
August 18, 2017, 10:04:58 AM

I've been mining SIGT for the last week, profitability better than ETH and takes less power too.


What is your rig? AMD or Nvidia cards?

AMD RX 580s, Nvidia would be much better, but even with AMD it's more profitable than ETH especially it was going up for the last few days.



But the difficulty has gone up a lot as well.
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