Is electroneum mining worth it? | Bitcointalksearch.org

Specialist1

jr. member

Activity: 63

Merit: 5

I am heavily invested in the project from a mining standpoint. My opinion is that the coin has potential in the future because of the team behind it. With that said, as of this moment, it is not profitable or efficient to mine with GPU's with the ASIC's currently dominating the blockchain. In two weeks this will be a different story after the proof of work fork which will "kick" the ASIC's off of the blockchain. I am still purchasing the tokens at this point from the profits I earn from mining other coins. Here is a video I just made yesterday that talks about my results so far.

https://www.youtube.com/watch?v=PKCv1JdqKVE

Quote from: mdead on March 03, 2018, 07:07:32 AM

I tried to mine electroneum with my cpu and I dont find it good for me. The hash rate was pretty decent but the coins I do get after a block mined is not worth my time or the work I am putting into it.

Do you guys think that mining electroneum with gpu is worth a try or just failure?

reply from miners appreciated.

Larvitar

jr. member

Activity: 196

Merit: 1

Try to mine CryptonightLite/IPBC coins. It's very cache-friendly and run smoothly in most CPUs

I recommend the JCE-Miner. It's the fastest for me.

ETN is a ASIC lake of whales.

tg88

legendary

Activity: 2492

Merit: 1429

Payment Gateway Allows Recurring Payments

May 30th will improve because it will have the anti-asic fork:

https://electroneum.com/2018/04/25/blockchain-update/

0RajA0

member

Activity: 308

Merit: 11

Come on guys, some are complaining of not reflection of their mined ETN to their wallet. But, It reflected on my wallet in less than 30 minutes! Mehn ETN team are doing their best! I love this project as always!

DatSena

newbie

Activity: 3

Merit: 0

Considering the [Suspicious link removed]d" ranking, it's not that bad

The dev are doing price control. They prefer to keep it low atm. SO if you dont plan to hold for long time ... go on eth.

mdead

newbie

Activity: 25

Merit: 0

Quote from: jillscarbrough on March 03, 2018, 08:22:51 AM

depends on the GPU series. but to my knowledge, if use GPU better to mine on ETH, ETC, Zec because of those coins which I feel profitable. 4 months ago, I once mine ETN used 2U 12 cores 24 threads and get 30 ETN per day. but for now, it is not profitable.

Yes i think same here with GPU mining. Maybe electroneum mining is not that good choice to mine with gpu;s. I rather have to take a look at ETH or ETC.
because ETH and ETC has a great future I do believe.

leonix007

sr. member

Activity: 1008

Merit: 297

Grow with community

Quote from: mdead on March 03, 2018, 07:07:32 AM

I tried to mine electroneum with my cpu and I dont find it good for me. The hash rate was pretty decent but the coins I do get after a block mined is not worth my time or the work I am putting into it.

Do you guys think that mining electroneum with gpu is worth a try or just failure?

reply from miners appreciated.

What are you after at? Profits?

simulate GPU's thru online calculators www.whattomine.com from there you can have an idea if indeed its profitable.

what a true miner deed is to mine and HOLD.

billhinge

member

Activity: 104

Merit: 10

I'm using a threadripper with 2 Vega Frontier, currently making about 1000 per week or just under, I have 4 FE (just bought 1 off ebay) so will be adding a further 2 come easter holidays when I'll have more time and then they will be watercooled and further overclocked. Planning holding till the price is right since I'm well paid and short term money is no object. Not a typical budget rig but I made loads on ether so ROI is no object, just mining as a hobby now

Exsumane

newbie

Activity: 30

Merit: 0

Quote from: mdead on March 03, 2018, 07:07:32 AM

I tried to mine electroneum with my cpu and I dont find it good for me. The hash rate was pretty decent but the coins I do get after a block mined is not worth my time or the work I am putting into it.

Do you guys think that mining electroneum with gpu is worth a try or just failure?

reply from miners appreciated.

If you think there is some future about it, then speed some hashing power.

jillscarbrough

sr. member

Activity: 588

Merit: 335

Steady State Finance

depends on the GPU series. but to my knowledge, if use GPU better to mine on ETH, ETC, Zec because of those coins which I feel profitable. 4 months ago, I once mine ETN used 2U 12 cores 24 threads and get 30 ETN per day. but for now, it is not profitable.

mdead

newbie

Activity: 25

Merit: 0

I tried to mine electroneum with my cpu and I dont find it good for me. The hash rate was pretty decent but the coins I do get after a block mined is not worth my time or the work I am putting into it.

Do you guys think that mining electroneum with gpu is worth a try or just failure?

reply from miners appreciated.

Topic: Is electroneum mining worth it? (Read 358 times)