Ethereum mining still profitable? - page 8.

Vitkore

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Quote from: lejudoka13 on June 19, 2017, 11:41:38 AM

Personnaly i think it still profitable if you have always the gpu and you doesn't need to buy them, cause the difficulty will increase in somedays i think so let's mine now, it is maybe the end of mining profitable !

It is profitable. But the hash rate is increasing fast. So if the price does not rise, you will lose money.

Westfiled

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Quote from: lejudoka13 on June 19, 2017, 11:41:38 AM

Personnaly i think it still profitable if you have always the gpu and you doesn't need to buy them, cause the difficulty will increase in somedays i think so let's mine now, it is maybe the end of mining profitable !

I think it is still very profitable now.

lejudoka13

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Personnaly i think it still profitable if you have always the gpu and you doesn't need to buy them, cause the difficulty will increase in somedays i think so let's mine now, it is maybe the end of mining profitable !

QuintLeo

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Quote from: Kwiksave on December 21, 2016, 11:32:14 AM

Quote from: QuintLeo on December 21, 2016, 03:53:36 AM

Quote from: kurbeks on December 19, 2016, 10:32:11 AM

Although obviosly it will use newer driver version not 15.12 which optimzied for minning.

In my testing to date, 16.10.1 and 16.9.2 have been equally as good for mining on my R9 2xx and HD77xx/78xx series cards as 15.12

I think 16.10.1 should probably be the new "go to" version for miners, though no reason to change existing rigs on older cards over if those rigs aren't going to have any cards added/updated to the RX 470/480.

That is right. But for the R9 nano, the 16.9.1 is better than 15.12.

I don't have any Fury/FuryX/Nano series cards, so I have no specific opinion on that.

Kwiksave

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Quote from: QuintLeo on December 21, 2016, 03:53:36 AM

Quote from: kurbeks on December 19, 2016, 10:32:11 AM

Although obviosly it will use newer driver version not 15.12 which optimzied for minning.

In my testing to date, 16.10.1 and 16.9.2 have been equally as good for mining on my R9 2xx and HD77xx/78xx series cards as 15.12

I think 16.10.1 should probably be the new "go to" version for miners, though no reason to change existing rigs on older cards over if those rigs aren't going to have any cards added/updated to the RX 470/480.

That is right. But for the R9 nano, the 16.9.1 is better than 15.12.

QuintLeo

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Quote from: kurbeks on December 19, 2016, 10:32:11 AM

Although obviosly it will use newer driver version not 15.12 which optimzied for minning.

In my testing to date, 16.10.1 and 16.9.2 have been equally as good for mining on my R9 2xx and HD77xx/78xx series cards as 15.12

I think 16.10.1 should probably be the new "go to" version for miners, though no reason to change existing rigs on older cards over if those rigs aren't going to have any cards added/updated to the RX 470/480.

Casdinyard

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Quote from: Amph on December 20, 2016, 03:00:55 AM

Quote from: s1gs3gv on December 19, 2016, 07:36:35 PM

Quote from: Ostonian on December 19, 2016, 12:55:16 PM

If the price of the ZCash is the same as now, there is no need to buy the faster cards as they will not ROI.

ROI ? Haha that never stopped a good miner. Good miners know that when the singularity comes any bitcoin they hold from the sale of zec/eth/whatever mining will be worth its weight in unobtanium.

~LOL~

that only true with bitcoin, all other are bound to die eventually

vega will not change anything if not very efficient and much faster than a 1070

we need a pump for better profit no faster gpu

It has to be more efficient than the 1070 for miners to buy.

Amph

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Quote from: s1gs3gv on December 19, 2016, 07:36:35 PM

Quote from: Ostonian on December 19, 2016, 12:55:16 PM

If the price of the ZCash is the same as now, there is no need to buy the faster cards as they will not ROI.

ROI ? Haha that never stopped a good miner. Good miners know that when the singularity comes any bitcoin they hold from the sale of zec/eth/whatever mining will be worth its weight in unobtanium.

~LOL~

that only true with bitcoin, all other are bound to die eventually

vega will not change anything if not very efficient and much faster than a 1070

we need a pump for better profit no faster gpu

m0niker

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Quote from: eaLiTy on December 19, 2016, 07:43:58 PM

If the price keeps on dipping it will be really difficult to get some profit out of it.Hope the price would come back to normal once the price of bitcoin settles. For all the folks who have free electricity it is their time to have some fun mining coins ,if not for the electricity charges everyone would be mining by now . Grin

The difficulty drop from you guys backing out lets me get more coins per hash though!

eaLiTy

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If the price keeps on dipping it will be really difficult to get some profit out of it.Hope the price would come back to normal once the price of bitcoin settles. For all the folks who have free electricity it is their time to have some fun mining coins ,if not for the electricity charges everyone would be mining by now . Grin

s1gs3gv

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Quote from: Ostonian on December 19, 2016, 12:55:16 PM

If the price of the ZCash is the same as now, there is no need to buy the faster cards as they will not ROI.

ROI ? Haha that never stopped a good miner. Good miners know that when the singularity comes any bitcoin they hold from the sale of zec/eth/whatever mining will be worth its weight in unobtanium.

~LOL~

Ostonian

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Quote from: kurbeks on December 19, 2016, 10:32:11 AM

Nahh currently it's slightly above 1080 in perf. Although obviosly it will use newer driver version not 15.12 which optimzied for minning. It will probably be monster for Zcash, which means that anyone who mines zcash on older hardware will move to ETH. Incresing difficulty.

Price wise it probably wont be cheap but AMD can't price it's hardware where Nvidia put them so it will be probably 499USD for op performance card.

If the price of the ZCash is the same as now, there is no need to buy the faster cards as they will not ROI.

kurbeks

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Nahh currently it's slightly above 1080 in perf. Although obviosly it will use newer driver version not 15.12 which optimzied for minning. It will probably be monster for Zcash, which means that anyone who mines zcash on older hardware will move to ETH. Incresing difficulty.

Price wise it probably wont be cheap but AMD can't price it's hardware where Nvidia put them so it will be probably 499USD for op performance card.

Vitkore

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Quote from: adaseb on December 19, 2016, 09:26:19 AM

Quote from: kurbeks on December 19, 2016, 08:46:18 AM

Just wait until Vega comes out

How will that change anything?

It will cost as much as an Nvidia 1080 and probably only slightly faster than the current 390/480, which nobody will buy unless ZEC/ETH skyrocket in value sometime in the next few months.

You make it seem like VEGA = Some ETHEREUM ASIC, which is the only thing which would destroy ETH.

If the VEGA was very cheap or free, then yes "IT WOULD DESTROY ETH".

The extra wide memory bandwith does not make much difference, the R9 Fury or Nano is example. So I do not have much hope.

adaseb

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Quote from: kurbeks on December 19, 2016, 08:46:18 AM

Just wait until Vega comes out

How will that change anything?

It will cost as much as an Nvidia 1080 and probably only slightly faster than the current 390/480, which nobody will buy unless ZEC/ETH skyrocket in value sometime in the next few months.

You make it seem like VEGA = Some ETHEREUM ASIC, which is the only thing which would destroy ETH.

If the VEGA was very cheap or free, then yes "IT WOULD DESTROY ETH".

kurbeks

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Just wait until Vega comes out

adaseb

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This thread was created exactly 1 year ago. And back then every post is "ethereum is no longer profitable".... "difficulty is already too high" ... "you will never ROI" .... and yet here we are 1 year later.

Proof that we can't predict the future.

antantti

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Quote from: QuintLeo on December 18, 2016, 06:54:37 PM

Quote from: BattleField on December 18, 2016, 10:07:28 AM

Quote from: EssentialCoin on November 24, 2016, 04:18:33 AM

Quote from: QuintLeo on November 23, 2016, 02:31:15 PM

You get quite a bit less hashrate that way - might be worth it if your electric cost is higher than mine though.

That is right. When the ZCash price is high, it is worth overclocking. Otherwise it is better to underclock if the electricity price is high.

If you do not have cheap electricity, it is better not to mine now.

I moved to the "land of cheap electricity" last summer.
It probably warps my perspective a bit on "overclock vs go for efficiency".
Then I ended up in a situation with a "fixed" monthy charge for electric, which DEFINITELY warps it.

Even with free electricity, 290 could earn you max $1.20/day@300W vs $1.00/day@170W. I wouldn't run it against limits for $0.20/day but that is just me.

It was completely different story 10 months ago when 30MH of dagger made you $8.00/day.

QuintLeo

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Quote from: BattleField on December 18, 2016, 10:07:28 AM

Quote from: EssentialCoin on November 24, 2016, 04:18:33 AM

Quote from: QuintLeo on November 23, 2016, 02:31:15 PM

You get quite a bit less hashrate that way - might be worth it if your electric cost is higher than mine though.

That is right. When the ZCash price is high, it is worth overclocking. Otherwise it is better to underclock if the electricity price is high.

If you do not have cheap electricity, it is better not to mine now.

I moved to the "land of cheap electricity" last summer.
It probably warps my perspective a bit on "overclock vs go for efficiency".
Then I ended up in a situation with a "fixed" monthy charge for electric, which DEFINITELY warps it.

BattleField

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Quote from: EssentialCoin on November 24, 2016, 04:18:33 AM

Quote from: QuintLeo on November 23, 2016, 02:31:15 PM

You get quite a bit less hashrate that way - might be worth it if your electric cost is higher than mine though.

That is right. When the ZCash price is high, it is worth overclocking. Otherwise it is better to underclock if the electricity price is high.

If you do not have cheap electricity, it is better not to mine now.

Topic: Ethereum mining still profitable? - page 8. (Read 131200 times)