Ethereum mining still profitable? - page 63.

zalucia

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Quote from: ingvarfervent on February 18, 2016, 07:13:22 AM

My 7970 ( 1000 \ 1500 ) give 21.5 - 22 Mh\s

Use dwarfpool proxy and set --farm-recheck 200

So. It`s good result or can get 23 mh \s ( how ? Roll Eyes

)

I think it is good result. You may undervolt the GPU core voltage. That will save you some electricity bill.

KNCFUN

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Did you try solomining or cointron pool ?

ingvarfervent

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My 7970 ( 1000 \ 1500 ) give 21.5 - 22 Mh\s

Use dwarfpool proxy and set --farm-recheck 200

So. It`s good result or can get 23 mh \s ( how ? Roll Eyes

)

adaseb

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Its surprising that the difficulty went down slightly for the last 2 days.

mickiya

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The network hash rate is 760 GH/s. It is equivalent to 35,000 AMD 280x graphics cards. That is quite a lot of mining power.

sanadas

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Quote from: klondike_bar on February 18, 2016, 12:48:56 AM

Quote from: bluebox on February 17, 2016, 10:40:33 PM

Quote from: fricircled on February 17, 2016, 01:12:39 PM

Quote from: squatz1 on February 17, 2016, 12:18:37 PM

Would it even be profitable due to the crash?

It is profitable for miners if the price is above $2.5. If the price drops further or the difficulty rises furhter, it is not profitable.

Profitable as low as a buck an eth for most. $2.50? $3.50 today? You kidding? Roll Eyes

i pay ~$0.12/kwh and run 3x R9 270x for about ~650-700W, or $2-2.25/day. That mines approx 1.2-1.3 ETH/day, so as long as ethereum stays >$2 I'm happy to mine it

im actually using a decommisoned craterig - sold 1/4 original gpus and turned it into a 2-gpu crossfire gaming pc. Now, im using a usb riser to run a 3rd gpu on an external platform with its own PSU. it give the nic benefit of simply unhooking the usb cord (while powered off), and i can put the 3rd card into storage if/when its not rquired.

I think it is not profitable for the European miners who pay electricity price of more than $0.2/kWh if the price is below $3.5.

klondike_bar

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ASIC Wannabe

Quote from: bluebox on February 17, 2016, 10:40:33 PM

Quote from: fricircled on February 17, 2016, 01:12:39 PM

Quote from: squatz1 on February 17, 2016, 12:18:37 PM

Would it even be profitable due to the crash?

It is profitable for miners if the price is above $2.5. If the price drops further or the difficulty rises furhter, it is not profitable.

Profitable as low as a buck an eth for most. $2.50? $3.50 today? You kidding? Roll Eyes

i pay ~$0.12/kwh and run 3x R9 270x for about ~650-700W, or $2-2.25/day. That mines approx 1.2-1.3 ETH/day, so as long as ethereum stays >$2 I'm happy to mine it

im actually using a decommisoned craterig - sold 1/4 original gpus and turned it into a 2-gpu crossfire gaming pc. Now, im using a usb riser to run a 3rd gpu on an external platform with its own PSU. it give the nic benefit of simply unhooking the usb cord (while powered off), and i can put the 3rd card into storage if/when its not rquired.

bluebox

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caeruleum arca archa

Quote from: fricircled on February 17, 2016, 01:12:39 PM

Quote from: squatz1 on February 17, 2016, 12:18:37 PM

Would it even be profitable due to the crash?

It is profitable for miners if the price is above $2.5. If the price drops further or the difficulty rises furhter, it is not profitable.

Profitable as low as a buck an eth for most. $2.50? $3.50 today? You kidding? Roll Eyes

fricircled

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Quote from: squatz1 on February 17, 2016, 12:18:37 PM

Would it even be profitable due to the crash?

It is profitable for miners if the price is above $2.5. If the price drops further or the difficulty rises furhter, it is not profitable.

squatz1

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Flying Hellfish is a Commie

Would it even be profitable due to the crash?

Mastsetad

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Sometimes, when there is network interrupton, the geth will not update any more. But the ethminer is still mining, but for nothing.

zalucia

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Quote from: adaseb on February 16, 2016, 03:56:03 PM

Is there any watch dog type program for ethminer so it can result if it crashes?

I am also looking for one. If there is a watchdog for the geth.com problem. It is even better. It dies several times a week.

adaseb

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Is there any watch dog type program for ethminer so it can result if it crashes?

CookieMonstaSMTH

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I have seen these messages when I starting the miner. (CPU) Can you guys give me souloutions about this porblem (if there any)?

Code:

miner  16:36:42|main  Mining on PoWhash #22b8ed32ΓÇª : 1758102 H/s = 35810800 ha
shes / 20.369 s
miner  16:36:43|main  Mining on PoWhash #22b8ed32ΓÇª : 1764345 H/s = 37924600 ha
shes / 21.495 s
miner  16:36:44|main  Mining on PoWhash #22b8ed32ΓÇª : 1769980 H/s = 40045800 ha
shes / 22.625 s
miner  16:36:46|main  Mining on PoWhash #22b8ed32ΓÇª : 1778165 H/s = 43570400 ha
shes / 24.503 s
miner  16:36:46|main  Got work package:
miner  16:36:46|main    Header-hash: cf305fdf9cb2b54d5b3f0a3381b6c1596a8531760fb
1ee9f9b4c3c5f4a789f6f
miner  16:36:46|main    Seedhash: 1978a1fad78a84d2ba81af2fb91140d2984f1ebb2ff550
45a2c52d769779d832
miner  16:36:46|main    Target: 0000000225c17d04dad2965cc5a02a23e254c0c3f75d9178
046aeb27ce1ca574
 !   16:36:46|main  Start worker 247 ms
 !   16:36:47|main  Start worker 372 ms
 !   16:36:47|main  kickOff 375 ms
 !   16:36:47|main  Start worker 369 ms
 !   16:36:47|main  kickOff 372 ms
 !   16:36:47|main  Start worker 370 ms
 !   16:36:47|main  kickOff 373 ms
 !   16:36:48|main  Start worker 370 ms
 !   16:36:48|main  kickOff 373 ms
 !   16:36:48|main  Start worker 372 ms
 !   16:36:48|main  kickOff 375 ms
 !   16:36:49|main  Start worker 360 ms
 !   16:36:49|main  kickOff 363 ms
 !   16:36:49|main  Start worker 370 ms
 !   16:36:49|main  kickOff 373 ms
 !   16:36:49|main  Start worker 368 ms
 !   16:36:49|main  kickOff 371 ms
 !   16:36:50|main  Start worker 359 ms
 !   16:36:50|main  kickOff 362 ms
 !   16:36:50|main  Start worker 247 ms
 !   16:36:50|miner11  Worker stopping 105 ms
 !   16:36:50|main  Start worker 297 ms
 !   16:36:50|main  kickOff 300 ms
 !   16:36:50|main  Start worker 121 ms
 !   16:36:51|main  kickOff 706 ms
 !   16:36:51|main  Start worker 230 ms
 !   16:36:53|main  kickOff 1558 ms
 !   16:36:53|main  Start worker 298 ms
 !   16:36:53|main  kickOff 301 ms
 !   16:36:53|main  Start worker 201 ms
 !   16:36:53|main  kickOff 393 ms
 !   16:36:53|main  Start worker 207 ms
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 !   16:36:55|main  Start worker 157 ms
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 !   16:36:55|main  Start worker 185 ms
 !   16:36:55|main  Start worker 185 ms
 !   16:36:55|main  Start worker 207 ms

fricircled

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Quote from: asradoni on February 16, 2016, 02:37:58 PM

Quote from: Greenenergy on February 16, 2016, 10:23:10 AM

Quote from: Mastsetad on February 16, 2016, 07:58:22 AM

Ethereum mining is still profitable now. But it will not be if the difficulty rises too fast. Genesis mining has put more hash.

The difficulty is rising really quickly. It may be profitable today, but in one week it may not be the case. Starting the mining is something really costy, so having his investment back could be really hard, also, I doubt that Genenis Hash put any hash, and I think that it is just a kind of ponzi.

For the 100 MH/s contract, it costs $4400. If I mine myself and pay the electricity of $0.1/kWH, my electricity bill is $700. I can sell the miner as well is I do not want to mine any more.

So the Genesis mining can earn more than $3700 per 100 MH/s. That is very good profit to make for them if their electricity price is $0.1. I think their electricity cost is much lower.

asradoni

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Quote from: Greenenergy on February 16, 2016, 10:23:10 AM

Quote from: Mastsetad on February 16, 2016, 07:58:22 AM

Ethereum mining is still profitable now. But it will not be if the difficulty rises too fast. Genesis mining has put more hash.

The difficulty is rising really quickly. It may be profitable today, but in one week it may not be the case. Starting the mining is something really costy, so having his investment back could be really hard, also, I doubt that Genenis Hash put any hash, and I think that it is just a kind of ponzi.

For the 100 MH/s contract, it costs $4400. If I mine myself and pay the electricity of $0.1/kWH, my electricity bill is $700. I can sell the miner as well is I do not want to mine any more.

alienesb

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d57heinz

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Quote from: Greenenergy on February 16, 2016, 10:23:10 AM

Quote from: Mastsetad on February 16, 2016, 07:58:22 AM

Ethereum mining is still profitable now. But it will not be if the difficulty rises too fast. Genesis mining has put more hash.

The difficulty is rising really quickly. It may be profitable today, but in one week it may not be the case. Starting the mining is something really costy, so having his investment back could be really hard, also, I doubt that Genenis Hash put any hash, and I think that it is just a kind of ponzi.

Yea red flag for me with genesis was when eth skyrocketed in price a few weeks ago and all of a sudden they were out of contracts.(that can mean two things. 1 it means they wanted to horde the hash for themselves or 2 they are running a fractional reserve operation with end game always with customer pissed off with lost coins!) They seem to have a load when price drops Wink

seen it too many times now.. been scammed by too many of them aswell.. Ones that we all thought were reputable and turned out to not be so..

Just ask yourselves this with any cloud operation.. WHY would they want you to make the profit and not themselves?!!!!! There is always some scheme to fuck over the customer with EVERY cloud operation, Hell even Bitmain knew what they were doing .. They allow s3 s4 contracts to be sold all the while knowing they were going to throw whats turns out to be about 800 peta thus far since announce of s7 and increasing.. hell we just had a 20% diff jump and looking at another 15%.. which is about 300 peta added in a month!.. At this rate if you buy s7 now at hashnest and price doesn't go up.. the 40 % maintenance now will go to 80% and i'm betting that they hold off on throwing a bunch of hash on now so that they can make the play to fuck us by selling s7 up to halving on hashnest all the while knowing they will drive diff up after to squeeze them out of profit as well.. thus shutting you down.. this is all part of their game they are now playing with us miners. I have no doubt if bitfury is at 16 nm so will bitmain soon if not already!.. Dont become a victim like so many of us have!.. Clouds are scams.. hashnest only thing going for it is the ability to trade but thats not what the platform is intended for im no day trader! If that's the only way to make btc from mining on hashnest then i see it as a bad investment opportunity!

Best Regards
d57heinz

Greenenergy

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Quote from: Mastsetad on February 16, 2016, 07:58:22 AM

Ethereum mining is still profitable now. But it will not be if the difficulty rises too fast. Genesis mining has put more hash.

The difficulty is rising really quickly. It may be profitable today, but in one week it may not be the case. Starting the mining is something really costy, so having his investment back could be really hard, also, I doubt that Genenis Hash put any hash, and I think that it is just a kind of ponzi.

d57heinz

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Bitcoin Talks Bullshit Walks

I absolutely will never put my coins in another cloud again.. If you do that's where they end up most times.. somewhere in the clouds!

Best Regards
d57heinz

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