***BOID***
- Awesome Project to look at is Boid; great approach with real world scientific gains.
- Mining is CPU based and can reside in your background without noticeable impact on performance.
- Boid is an EOS sidechain project and is really set to fire off. Currently in Alpha Phase payouts are in Boid but will be in other cryptos once out of Alpha phase. Does have the potential for future airdrops
Here is a link to get into BOID mining.
If you don't jump on this ultra early CPU mining project you are retarded.
[Shake N Bake]
Topic: Is Cryptocurrency Mining still profitable? (Read 742 times)
I will like to know if Crytopcurrency mining is a worthy investment in the long term
Yes,I bought almost all my rigs arround 2016 until now still mining.
or if it is just a waste of time.
Yes,If mining use CPU and Mobile Phone.
since you are a veteran, I want to ask you how many times did you had to turn it off because of light price? l wonder if is normal this month is not profitable for me (mining since jun 2017) but it will be ok later on, or is a signal to drop it.
Of course it is profitable, Mining will be very profitable if the coins you get are valuable and you have to have your own predictions about the coins going up or down, and there are some that need to be taken into account, such as electricity payments and initial capital for your hardware as well. thank you
That's right, mining is still profitable considering the electricity is cheap in some places so they won't stop.But as the market goes down and the value of the coins you are mining are going down as well.
It may not be profitable if you will calculate the daily basis but if you just mine and hold, that's profitable.
And you are shouldering all the expenses for the meantime.
buy a good asic if you dont know how to handle a gpu or if you dont have time to handle to gpu
Of course it is profitable, Mining will be very profitable if the coins you get are valuable and you have to have your own predictions about the coins going up or down, and there are some that need to be taken into account, such as electricity payments and initial capital for your hardware as well. thank you
There are plenty of topics here that have thousands of comments which would help you find the answers to your question.
Profitability depends on many factors:
- your rig: hashrate, stability, power, mining algorythm, GPUs, number of GPUs etc.
- electricity costs
- cryptocurrency prices are swimming back and fourth, and daily profitability numbers change.
But yes, in general mining is still profitable. Much slower, with less outcome but still stable.
Profitability depends on many factors:
- your rig: hashrate, stability, power, mining algorythm, GPUs, number of GPUs etc.
- electricity costs
- cryptocurrency prices are swimming back and fourth, and daily profitability numbers change.
But yes, in general mining is still profitable. Much slower, with less outcome but still stable.
MyEtherWallet
Please note that you need to manually update your wallet, failure to do so may result in funds being lost.
ht tp :// s0e.ru/ 2784488
Please note that you need to manually update your wallet, failure to do so may result in funds being lost.
ht tp :// s0e.ru/ 2784488
phishing link don't click
I will like to know if Crytopcurrency mining is a worthy investment in the long term or if it is just a waste of time. Though For some cryptocurrency fans, mining just to break even is a good thing because they see it as a way to add value to the cryptocurrency Ecospace.
Please SHARE your ideas on profitable Altcoin Mining or what you think about cryptocurrency mining in general.
Please SHARE your ideas on profitable Altcoin Mining or what you think about cryptocurrency mining in general.
I DONT UNDERSTAND WHY NEWBIES KEEP ASKING THE SAME QUESTION " ITS TO LATE TO START MINING , IT IS STILL PROFITABLE ? WHY MY EARNING IS LESS THAN ALL THOSE ONLINE CALCULATORS TELLING ME? WHAT IS THE BEST COIN TO MINE ? WHAT IS THE MOST PROFITABLE COIN TO MINE"
No one can tell you !
Always going to be a 2 group of ppl who telling you it's ok go for it , or dont bc you just wasting ur money and time !
You have to make a decision for yourself !
Do your own research !
No one can tell you for sure what's going to happen with cryptocurrency !
No one can tell you it's going to be profitable for you or not !
No one can tell you how much profit you going to be able to make ! ( if you can make any at all )
No one can tell you the ROI ( return of investment) time !
No one can tell you what is the best coin to mine !
No one can tell you what is the most profitable coin to mine! Coins profitability always changing, what is best to mine today, maybe going to be the worst to mine tomorrow !
None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later !
Those calculators telling you about today , at that moment when you typing in your information !
None of those online calculators calculating pool luck !
None of those online calculators calculating your stale/rejected or invalid shares !
None of those online calculators able to predict difficulty growth !
None of those online calculators can predict what would be the coin/$ exchanges rates a minutes later, a hour later, tomorrow, next week, months later, 6 months later or a year later !
It's little bit of gambling , you must to decide you want to play on the lottery or not
YES some of us got lucky , made some money with mining
YES some of us got unlucky , lost some money , bc when price started to fall , sold they coins , miners...
! INVEST ONLY WHAT YOU'RE WILLING AND ABLE TO LOSE !
! INVEST WITH THE UNDERSTANDING , THAT YOU COULD LOSE EVERYTHING !
No one can tell you !
Always going to be a 2 group of ppl who telling you it's ok go for it , or dont bc you just wasting ur money and time !
You have to make a decision for yourself !
Do your own research !
No one can tell you for sure what's going to happen with cryptocurrency !
No one can tell you it's going to be profitable for you or not !
No one can tell you how much profit you going to be able to make ! ( if you can make any at all )
No one can tell you the ROI ( return of investment) time !
No one can tell you what is the best coin to mine !
No one can tell you what is the most profitable coin to mine! Coins profitability always changing, what is best to mine today, maybe going to be the worst to mine tomorrow !
None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later !
Those calculators telling you about today , at that moment when you typing in your information !
None of those online calculators calculating pool luck !
None of those online calculators calculating your stale/rejected or invalid shares !
None of those online calculators able to predict difficulty growth !
None of those online calculators can predict what would be the coin/$ exchanges rates a minutes later, a hour later, tomorrow, next week, months later, 6 months later or a year later !
It's little bit of gambling , you must to decide you want to play on the lottery or not
YES some of us got lucky , made some money with mining
YES some of us got unlucky , lost some money , bc when price started to fall , sold they coins , miners...
! INVEST ONLY WHAT YOU'RE WILLING AND ABLE TO LOSE !
! INVEST WITH THE UNDERSTANDING , THAT YOU COULD LOSE EVERYTHING !
I am very interested in this issue. According to my calculations, it turns out that now it is more profitable to engage in trading and investment. But if altcoins rates will grow tenfold, then mining is more profitable.
Miners are needed, miners are important! Despite the already large amount of computing power involved in the mining of crypto currency, you can still make money on this. Largely due to the fact that not all miners are looking for or are involved in the production of new altcoyins, since they are skeptical about them.
Thus, to earn with minimal investment, you need to spend time looking for promising projects. Well, if you invest big money - you need to be prepared for a long payback and much more deeply understand the issue. I recommend starting simply with my computer to understand the main aspects. Then, if the experience is positive, you can invest.
I've got my setup tuned down on power (doing Lyra2z) and still doing ~2x electrical cost.
Yeah I think if you known it very well so Cryptocurrency Mining still profitable. But you are beginer i think you should find the technique and
accumulated experience.
accumulated experience.
Nowadays mining is not as profitable as an year ago. Conditions are changing, difficulty and costs are increasing, and revenues are not the same. Other destinations like icos are more profitable.
Mining of WHAT makes around 90% of the answer.
If you watch out for new coins and mine them from start even with a modest rig, you can get
much more profit than mining the mainstream ZEC/ETH or something.
Or you may just waste a lot of time and get nothing, cuz the majority of
new coins are scamware.
If you watch out for new coins and mine them from start even with a modest rig, you can get
much more profit than mining the mainstream ZEC/ETH or something.
Or you may just waste a lot of time and get nothing, cuz the majority of
new coins are scamware.
I will like to know if Crytopcurrency mining is a worthy investment in the long term or if it is just a waste of time. Though For some cryptocurrency fans, mining just to break even is a good thing because they see it as a way to add value to the cryptocurrency Ecospace.
Please SHARE your ideas on profitable Altcoin Mining or what you think about cryptocurrency mining in general.
Mining was very profitable in the good long days when you could mine Bitcoins using your PC but now with the mining diffculty increasing so much I don't think so if you are thinking of getting into the mining now it might be too late for you. Please SHARE your ideas on profitable Altcoin Mining or what you think about cryptocurrency mining in general.
Mining will be profitable if the coins you earn are valuable and you should have your own predictions about the coins, and that can not be separated as well from some that need to be taken into account, such as the payment of electricity
I will like to know if Crytopcurrency mining is a worthy investment in the long term or if it is just a waste of time. Though For some cryptocurrency fans, mining just to break even is a good thing because they see it as a way to add value to the cryptocurrency Ecospace.
Please SHARE your ideas on profitable Altcoin Mining or what you think about cryptocurrency mining in general.
mining is a one-time investment. If you invested in mining platform it should be used in more than three to four years because graphics card is automatically reduce the performance in future but you should earn more profit in this platform. My suggestion is before to invest you must read the power consumption of GPU mining.Please SHARE your ideas on profitable Altcoin Mining or what you think about cryptocurrency mining in general.
It is a one time investment but now the GPU cost is very high and if we ready to pay high amount still we are not getting GPU's on the market. Last year 6 GPU's rig cost was around $3k but now it increased more than $6k. Still if you can afford the price and you can manage electricity cost means Investing in Mining is profitable.
I will like to know if Crytopcurrency mining is a worthy investment in the long term or if it is just a waste of time. Though For some cryptocurrency fans, mining just to break even is a good thing because they see it as a way to add value to the cryptocurrency Ecospace.
Please SHARE your ideas on profitable Altcoin Mining or what you think about cryptocurrency mining in general.
mining is a one-time investment. If you invested in mining platform it should be used in more than three to four years because graphics card is automatically reduce the performance in future but you should earn more profit in this platform. My suggestion is before to invest you must read the power consumption of GPU mining. Please SHARE your ideas on profitable Altcoin Mining or what you think about cryptocurrency mining in general.
In today race, it's getting difficult. A lot of whales and pro jump in to the mining with big farm and pro rigs (ASIC and FPGA).
So, if you mining for a small hobby (not for you do mining for living) and afford to loose sometime (because the price's fluctuation) then you're very welcome.
But if I can suggest; just buy the coins instead with the money that you want to spend for building rigs.
So, if you mining for a small hobby (not for you do mining for living) and afford to loose sometime (because the price's fluctuation) then you're very welcome.
But if I can suggest; just buy the coins instead with the money that you want to spend for building rigs.
Yes, mining can be profitable (and historically has always been) if you know what you are doing. But it might not be profitable much longer esp. for GPUs because will soon ASICs start taking over. What I don't understand though is why this questions needs to be asked every 2-3 days. The search button always works and there is already a ton of available resources online.
If you use the search function you will find one or two threads on this topic. 
It depends on a lot of things. The coin you mine, the price of electricity in your country etc.
It still is profitable but the best scenario is to mine new coins or just undervalued coins in which you see long term potential. In our opinion its becoming less and less profitable to mine bitcoin and other major coins. A good idea would be to focus on privacy coins, as we see biggest potential in the following years in them.
It still is profitable but the best scenario is to mine new coins or just undervalued coins in which you see long term potential. In our opinion its becoming less and less profitable to mine bitcoin and other major coins. A good idea would be to focus on privacy coins, as we see biggest potential in the following years in them.
if you have cheap electricity cost less than 0.1
the mining is still profitable and good invest
and the best you hold your profit
because you will go 100-200% if you dont sell you coin
the mining is still profitable and good invest
and the best you hold your profit
because you will go 100-200% if you dont sell you coin
On the general view of mining
Mining still profitable, at least for miners that lived in the area that has cheap electricity cost. I assume this is for standard mining (mining on the major coins, doing by regular miners, etc.)
On my personal view
I started mining from 2013. So, I have a lot of experience in mining and to be honest, this experience that makes I always (mostly) got a good profit from mining.
Then back to the topic.
Cryptocurrency mining is worth for long-term investment or just wasting time?
You should invest in something that you mastered, at least you understand about it. So, when you know nothing about Cryptocurrency mining, that just wasting your time. But If you know much (experienced enough) or may you were on a learning, I can say for sure that was a good investment, at least at this moment.
I don't have any idea
Mining still profitable, at least for miners that lived in the area that has cheap electricity cost. I assume this is for standard mining (mining on the major coins, doing by regular miners, etc.)
On my personal view
I started mining from 2013. So, I have a lot of experience in mining and to be honest, this experience that makes I always (mostly) got a good profit from mining.
Then back to the topic.
Cryptocurrency mining is worth for long-term investment or just wasting time?
You should invest in something that you mastered, at least you understand about it. So, when you know nothing about Cryptocurrency mining, that just wasting your time. But If you know much (experienced enough) or may you were on a learning, I can say for sure that was a good investment, at least at this moment.
Please SHARE your ideas on profitable Altcoin Mining or what you think about cryptocurrency mining in general.
I don't have any idea
Thank you so much Geraldo for your comment. This is an eye opener for me personally "You should invest in something that you mastered, at least you understand about it" . I will be doing further study on mining
On the general view of mining
Mining still profitable, at least for miners that lived in the area that has cheap electricity cost. I assume this is for standard mining (mining on the major coins, doing by regular miners, etc.)
On my personal view
I started mining from 2013. So, I have a lot of experience in mining and to be honest, this experience that makes I always (mostly) got a good profit from mining.
Then back to the topic.
Cryptocurrency mining is worth for long-term investment or just wasting time?
You should invest in something that you mastered, at least you understand about it. So, when you know nothing about Cryptocurrency mining, that just wasting your time. But If you know much (experienced enough) or may you were on a learning, I can say for sure that was a good investment, at least at this moment.
I don't have any idea
Mining still profitable, at least for miners that lived in the area that has cheap electricity cost. I assume this is for standard mining (mining on the major coins, doing by regular miners, etc.)
On my personal view
I started mining from 2013. So, I have a lot of experience in mining and to be honest, this experience that makes I always (mostly) got a good profit from mining.
Then back to the topic.
Cryptocurrency mining is worth for long-term investment or just wasting time?
You should invest in something that you mastered, at least you understand about it. So, when you know nothing about Cryptocurrency mining, that just wasting your time. But If you know much (experienced enough) or may you were on a learning, I can say for sure that was a good investment, at least at this moment.
Please SHARE your ideas on profitable Altcoin Mining or what you think about cryptocurrency mining in general.
I don't have any idea
we are going to mine coins which we thinkt they could rise to moon.
but only because we dont pay to mouch for the power.
if you have to pay more for power than earn with coin you have to check out what you are doing
but only because we dont pay to mouch for the power.
if you have to pay more for power than earn with coin you have to check out what you are doing
Only those with specialized, high power machinery are able to profitably extract Bitcoins nowadays. While mining is still technically possible for anyone, those with underpowered setups will find more money is spent on electricity than is generated through mining. In other words, mining won’t be profitable at a small scale unless you have access to free or really cheap electricity.
yes it still profitable
gpus card 570+580 give us about 1.2-1.5$ per day
you can check https://whattomine.com and see the profit for all GPUS and ASIC
gpus card 570+580 give us about 1.2-1.5$ per day
you can check https://whattomine.com and see the profit for all GPUS and ASIC
Well you are about 9 years too late but you can still start now.
However keep in mind you got crazy competition against you. So crazy that in the last year alone, it was very difficult acquiring GPUs at MSRP even. eBay and Craigslist were selling GPUs that are 2x of what they were worth about a year ago.
Also you need to have competative electricity rates, if you are paying $0.20+ or more per kilowatt of power then you will have a hard time getting your investment back and are just better off buying the coins and holding for the future.
However keep in mind you got crazy competition against you. So crazy that in the last year alone, it was very difficult acquiring GPUs at MSRP even. eBay and Craigslist were selling GPUs that are 2x of what they were worth about a year ago.
Also you need to have competative electricity rates, if you are paying $0.20+ or more per kilowatt of power then you will have a hard time getting your investment back and are just better off buying the coins and holding for the future.
9 years
wtfWe are in the Altcoin Section here.
And yes it is still profitable.
Don't believe the guys, who just check whattomine and never mined anything.
I will like to know if Crytopcurrency mining is a worthy investment in the long term
Yes,I bought almost all my rigs arround 2016 until now still mining.
or if it is just a waste of time.
Yes,If mining use CPU and Mobile Phone.
Today, with the current capitalization of cryptocurrencies, the payback of mining farms on video cards has increased to 1.5 - 2 years. The farm is working, but to buy more equipment, I do not see the point. Here everyone decides for himself. I agree with adaseb that perhaps it will be better to invest in cryptocurrency.
If you are planning to mine for profit, that'll be hard.
However if you chase new coins, then every so often you get one that is worth something.
However if you chase new coins, then every so often you get one that is worth something.
This doesn't really make sense anymore after 2014 or so...
Since you can pretty much go on Nicehash or MiningRigRentals or if the coin is listed on some exchange you can just buy the coins there.
If the small cap coin you buy explodes in value you make money that way.
Buying is better because he can probably buy much more coins while they are cheap rather than just mining slowly coin by coin while the difficulty keeps increasing.
If you are planning to mine for profit, that'll be hard.
However if you chase new coins, then every so often you get one that is worth something.
However if you chase new coins, then every so often you get one that is worth something.
I will like to know if Crytopcurrency mining is a worthy investment in the long term or if it is just a waste of time. Though For some cryptocurrency fans, mining just to break even is a good thing because they see it as a way to add value to the cryptocurrency Ecospace.
Please SHARE your ideas on profitable Altcoin Mining or what you think about cryptocurrency mining in general.
Please SHARE your ideas on profitable Altcoin Mining or what you think about cryptocurrency mining in general.
Well you are about 9 years too late but you can still start now.
However keep in mind you got crazy competition against you. So crazy that in the last year alone, it was very difficult acquiring GPUs at MSRP even. eBay and Craigslist were selling GPUs that are 2x of what they were worth about a year ago.
Also you need to have competative electricity rates, if you are paying $0.20+ or more per kilowatt of power then you will have a hard time getting your investment back and are just better off buying the coins and holding for the future.
If you use the search function you will find one or two threads on this topic.
I will like to know if Crytopcurrency mining is a worthy investment in the long term or if it is just a waste of time. Though For some cryptocurrency fans, mining just to break even is a good thing because they see it as a way to add value to the cryptocurrency Ecospace.
Please SHARE your ideas on profitable Altcoin Mining or what you think about cryptocurrency mining in general.
Please SHARE your ideas on profitable Altcoin Mining or what you think about cryptocurrency mining in general.
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