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Topic: Ethereum mining still profitable? - page 45. (Read 131243 times)

legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
April 02, 2016, 02:53:57 AM
Doesn't matter which calculator you use, they are all wrong, even using the proxy for better profits you're not going to earn that much. The price could go up again which would be nice, but I think the days of quick ROI for mining gear have already passed, the difficulty is pumping.

That could be the reason why we just receive 80 - 90% of the Athereum from the mining pools as we expect.

Again, http://karldiab.com/EthereumMiningCalculator/

"The calculations accounts for average network blocktime, which increases accuracy but lowers predicted profit. Don't be fooled by other optimistic calculators!"

Also try different pools and proxies if possible. Some of them might give you surprising results.



i tried everything, but with my setup i only get not even 1 ethereum with 66 mega, when the calculator is saying 1.2
full member
Activity: 201
Merit: 100
April 02, 2016, 02:39:34 AM
I wonder if wolf0 would ever consider a semi-private group buy in an amd kernel or any other dev for that matter, that would give some of us a fighting chance against some of this increase. 

I heard Wolf0 said the Etherminer is already very efficient. So he might not bother improve the efficiency for just a few percentage.
sr. member
Activity: 252
Merit: 250
April 01, 2016, 03:38:01 PM
Doesn't matter which calculator you use, they are all wrong, even using the proxy for better profits you're not going to earn that much. The price could go up again which would be nice, but I think the days of quick ROI for mining gear have already passed, the difficulty is pumping.

That could be the reason why we just receive 80 - 90% of the Athereum from the mining pools as we expect.

Again, http://karldiab.com/EthereumMiningCalculator/

"The calculations accounts for average network blocktime, which increases accuracy but lowers predicted profit. Don't be fooled by other optimistic calculators!"

Also try different pools and proxies if possible. Some of them might give you surprising results.



It is better to use the average network blocktime. The block time is usually faster than the target ones.
legendary
Activity: 1176
Merit: 1015
April 01, 2016, 10:38:37 AM
Doesn't matter which calculator you use, they are all wrong, even using the proxy for better profits you're not going to earn that much. The price could go up again which would be nice, but I think the days of quick ROI for mining gear have already passed, the difficulty is pumping.

That could be the reason why we just receive 80 - 90% of the Athereum from the mining pools as we expect.

Again, http://karldiab.com/EthereumMiningCalculator/

"The calculations accounts for average network blocktime, which increases accuracy but lowers predicted profit. Don't be fooled by other optimistic calculators!"

Also try different pools and proxies if possible. Some of them might give you surprising results.

sr. member
Activity: 252
Merit: 250
April 01, 2016, 08:36:35 AM
Doesn't matter which calculator you use, they are all wrong, even using the proxy for better profits you're not going to earn that much. The price could go up again which would be nice, but I think the days of quick ROI for mining gear have already passed, the difficulty is pumping.

That could be the reason why we just receive 80 - 90% of the Ethereum from the mining pools as we expect.
member
Activity: 98
Merit: 10
March 31, 2016, 07:07:37 PM
Doesn't matter which calculator you use, they are all wrong, even using the proxy for better profits you're not going to earn that much. The price could go up again which would be nice, but I think the days of quick ROI for mining gear have already passed, the difficulty is pumping.
full member
Activity: 129
Merit: 100
newbie
Activity: 21
Merit: 0
March 31, 2016, 04:15:55 PM
not profitable at all

If your electricity price is less than $0.2 per kWh, you will make profit even with the less efficient miners.
hero member
Activity: 1008
Merit: 1000
March 31, 2016, 03:54:57 PM
If you figure 20 mh per gpu the ether network has 85'000 gpu cards mining, that is A LOT of hardware.  So you have to wonder how much more can be added to the ether network or when will it become more difficult.
legendary
Activity: 1862
Merit: 1505
March 31, 2016, 11:48:27 AM
Mining of ethereum is still more profitable than the mining of bitcoin. But still, it is not anymore profitable like in past.

It is more profitable than in the past. The Ethereum price was very low in the last year. So even the difficulty has risen, you still make more profit.

I'm not talking about that old. I meant to say, like 1 month back, it was more profitable, than right now.
newbie
Activity: 21
Merit: 0
March 31, 2016, 11:35:01 AM
Mining of ethereum is still more profitable than the mining of bitcoin. But still, it is not anymore profitable like in past.

It is more profitable than in the past. The Ethereum price was very low in the last year. So even the difficulty has risen, you still make more profit.
legendary
Activity: 1862
Merit: 1505
March 31, 2016, 10:58:13 AM
Mining of ethereum is still more profitable than the mining of bitcoin. But still, it is not anymore profitable like in past.
full member
Activity: 168
Merit: 100
March 31, 2016, 06:03:47 AM
Your 7990 is of good quality. It can run 1100 MHz at 1100 mV.
it can
1100/[email protected]
1090/[email protected]
1000/[email protected]
950/[email protected]
Difference between first and the last is more then 100W power.
Stock voltages are ugly 1.20v
It is for ETH only. Other algos need other tuning.

For the Moneor or qubit mining, the GPU voltage should be higher. It depends how the mining use the core and memory.
newbie
Activity: 57
Merit: 0
March 28, 2016, 11:27:04 AM
Your 7990 is of good quality. It can run 1100 MHz at 1100 mV.
it can
1100/[email protected]
1090/[email protected]
1000/[email protected]
950/[email protected]
Difference between first and the last is more then 100W power.
Stock voltages are ugly 1.20v
It is for ETH only. Other algos need other tuning.

What is the hash rate difference between the first and last? The total power in the first and last?
legendary
Activity: 1510
Merit: 1003
March 28, 2016, 06:36:18 AM
Your 7990 is of good quality. It can run 1100 MHz at 1100 mV.
it can
1100/[email protected]
1090/[email protected]
1000/[email protected]
950/[email protected]
Difference between first and the last is more then 100W power.
Stock voltages are ugly 1.20v
It is for ETH only. Other algos need other tuning.
member
Activity: 81
Merit: 1002
It was only the wind.
March 27, 2016, 10:35:31 PM
Just lookup pools they all give you links to download a miner...  Roll Eyes

WOW hash hit a all time high today at 1700 GH today, I hope the price starts to slip upwards more to make up for this difficulty.  The reality is we know tons of people are putting rigs online, heh I wish ether was slightly less mainstream.

I'm glad it is - it keeps the people not paying attention mining Eth - meaning they're off everything else.

Is there anything else to mine really that has the same profits? There was PEPE last week which is more profitable then ETH but only for like 24 hours.



Oh, of course - and I'm not that interested in PEPE, either.

Would you mind giving a hint or sharing?

I looked at many different coins and algos and ETH is about 50% more profitable then all of them. Maybe with your private kernels you can make more than most.


Actually, the reason I don't share is because it's not caused by my private work - I don't need people moving off of Eth, I just hope they sell before it goes from moonward back down to Earth like the meteor that wiped out the dinos.
full member
Activity: 266
Merit: 100
March 28, 2016, 06:22:23 AM


I thought nano and ethermine was erratic at first but then I figured out how the shares work.  Your hash rate is calculated on the amount of shares you submit to the pool and at nano share diff is set to 5 billion.  So it takes longer to submit a share vs. some pools that have a low diff and submit many shares.  Luck plays it part in your earnings.  In a specific hour you could hit more or less shares in that time frame... you could find a bunch of shares and the pool hits a quick block so your reward will be high.  Like wise you could submit very few shares and the pool finds blocks but your reward will be small.

Over time it averages out so don't worry what your hash on the pool says for a specific time frame but pay attention to the average and you should see hash somewhere around your miner stated hash rate.  Generally the shorter the time for the average the more it depends on luck.  Click on the "JSON Data" on nanopool for more averages.

 Hope this helps mate!

Yes i see more averaging. But what i was pointing out from my picture was the time disappearing from the pool (i circled it) for 3 hours even though the miner was on, and then time repeating itself later where i pointed out (circled as well)

What I see in that picture is 15:03 becoming 15:3 etc... It might be time to take off the tin-foil hat...
newbie
Activity: 45
Merit: 0
March 28, 2016, 03:49:17 AM
http://i.imgur.com/dFD8YF9.jpg

I thought nano and ethermine was erratic at first but then I figured out how the shares work.  Your hash rate is calculated on the amount of shares you submit to the pool and at nano share diff is set to 5 billion.  So it takes longer to submit a share vs. some pools that have a low diff and submit many shares.  Luck plays it part in your earnings.  In a specific hour you could hit more or less shares in that time frame... you could find a bunch of shares and the pool hits a quick block so your reward will be high.  Like wise you could submit very few shares and the pool finds blocks but your reward will be small.

Over time it averages out so don't worry what your hash on the pool says for a specific time frame but pay attention to the average and you should see hash somewhere around your miner stated hash rate.  Generally the shorter the time for the average the more it depends on luck.  Click on the "JSON Data" on nanopool for more averages.

 Hope this helps mate!

Yes i see more averaging. But what i was pointing out from my picture was the time disappearing from the pool (i circled it) for 3 hours even though the miner was on, and then time repeating itself later where i pointed out (circled as well)
newbie
Activity: 32
Merit: 0
March 28, 2016, 02:22:14 AM
Hi, with Asus HD7990 + Block EK reach Hashrate in +50 MH/s ?
Yes, downvolt to 1.1v and set 1100/1650 on both gpus. Add 20% to power limit. Check your temps!
All can be done with windows utilities (msi afterburner, sapphire trixx or asus gpu tweak)

Your 7990 is of good quality. It can run 1100 MHz at 1100 mV.
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