Topic: Ethereum mining still profitable? - page 67. (Read 131303 times)
The Ethereum price has dropped a bit from $1 to $0.8 recently. The hash rate is rising slowly. So it is not profitable for most high electricity price users.
Yes it really depends on your rig and power costs.
It's getting very close to not being profitable. Obviously that can change as the price changes.
But difficulty is just increasing too steadily.
It's getting very close to not being profitable. Obviously that can change as the price changes.
But difficulty is just increasing too steadily.
I have 2 rigs with 8 r9 280x and my monthly bill is 70 euros, I mine around twice that much.
1 280x is about 180W, 8x280x = 1440W or 34.6 units a day. You electricity bill is 2.3 euro per day, so the unit cost is 0.067 euro per kWh. That is very cheap.
I have 2 rigs with 8 r9 280x and my monthly bill is 70 euros, I mine around twice that much.
For me it is on the margin.
What is your electricity price? What is the power consumption for your miner? It is quite difficult to mine Ethereum profitably now.
For me it is on the margin.
If you pay $0.1/kWh for your electricity, it is not profitable to mine Ethereum. If you consider the cost of your hardware, the electricity price would be $0.05.
as the diff rising fast, profitability is decreasing.
I was wondering if ethereum mining is still profitable. So what do you say?
Is it still profitable to mine ethereum with GPUs and CPUs?
Is it still profitable to mine ethereum with GPUs and CPUs?
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