Topic: Is Ethereum Mining still profitable? (Read 1382 times)
Although you can earn in mining still you need a lot of time in that and really big money if you can handle why not like if this affordable for you another thing there always a risk like in mining so accept that if this not turn well like if you mine eth then it drop,Moreover try all ways to earn here even risky if you can we only need knowledge here to earn so study all about crypto
From what i know from my friend, its still profitable but not too much. Their profits reducing much because ethereum price drop more than 70% from highest. But they still keep mining ethereum because they see potential of ethereum
Ethereum price is staying under $200 and I was wondering if mining is still profitable.
If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
How to Mine Ethereum Guide
If we count to the numbers then we will see, if Etheruem is at the price of 1000 USD then we only need 5 months to take advantage.If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
How to Mine Ethereum Guide
1 month results are 0.5 Ethereum = 500 USD.
2 months the results are 1 Etheruem = 1000 USD.
4 months has produced 2 Etheruems and that's when the price of 1 Ethereum = 1000 USD and now Ethereum is around 200 USD, so?
Ethereum price is staying under $200 and I was wondering if mining is still profitable.
If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
How to Mine Ethereum Guide
Well buddy asked.If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
How to Mine Ethereum Guide
I think there's two understatement about what buddy ask (Roi and interest in mining)
* to Roi it's so far away if you have a GPU or an Asic, or along in-one pool of mining, it also includes electrical cost etc
* But if you like it or enthusiastic in mine, I think you can mining another coin and certainly do you think a good project.
The block reward for ethereum is still the same though the difficult is ok. You may be able to mine more coin but the market value will be low. If the mining reward is low and difficulty is low, you can get more coin that you can sell for profit in better market!
Ethereum mining is still profitable even if the price dropped a bit in the past time. I think people who are mining should continue to do so.
No, do not try to competite with big whales who invest million of dollars into mining farms. Simply, buy coin which is interesting for you and you will do better thing that mining it 
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In principle, Yes, it is profitable, I know that a lot of people switched to mining ether,but after it fell below $ 200 for the token, many were disappointed, since it became not so profitable, if not in the negative, and now the ether is not particularly growing when it starts to grow, I can definitely say that many will
To date, I do not see the point of mining the ethereum. This is not cost-effective. Spending on electricity does not pay off. So now, I just turned off the farm. We are waiting for the price recovery, and we will continue to evaluate.
In fact, most of the people who stop doing the mining, in fact, for those who have a high return on mining. I think that those who continue to do the mining right now will have the same payoff as well as they will win from the possible rises.
if ethereum prices are still like this in the next few months. it looks like mining ethereum is not a good choice. overall if the market doesn't improve, it's not mining, maybe ICO investors, crypto traders or even Project developers will leave the cryptocurrency
in 2018 mining is profitable only if you have free electricity i think the future is for proof of stake, delegated proof of stake and for master nodes good luck in the rest of your journey here 
Ethereum price is staying under $200 and I was wondering if mining is still profitable.
If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
How to Mine Ethereum Guide
ETH might be another shit coin, but it's still the second place of the market. and it stayed there for quite long time. If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
How to Mine Ethereum Guide
people have faith on it
so, even miners might not get profit back, but that's the worst case.
if I think ethereum mining is good enough for capital enhancers compared to other coins that are still above it depends on whether we use it or not, if used correctly it might produce the desired but if not used it does not get anything from ethereum mining.
Hey guys as of now do not plan for mining, as you are aware that the value is very low mining is not giving profit these days. The earnings which you could earn via minings will be equal to the electricity bill and internet bill.
If you just calculate the return of mining with the current price, you will probably don't get the positive value or a very long returning time due to the high cost of setups and electricity. However, if you are thinking the possible growth of ethereum in the future, then it is worth to mine, because you are investing the coin's future. From the past, ethereum reached nearly $1200, so it may back to its all time high in near future.
Ethereum price is staying under $200 and I was wondering if mining is still profitable.
If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
How to Mine Ethereum Guide
If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
How to Mine Ethereum Guide
Mining is not profitable now a days , due to electricity expenses too. if you go to cloud mining also not profitable. its better to invest on exchanges and wait for the next moves
At this point, the price of the coin coupled with the cost of mining, things like electricity bills and the like, I wouldn't think that the mining of the coin is still profitable. Although the people who are mining the coin now know that they are not mining it for the present but are actually mining the coins for the future.
Last year, Ethereum became a star cryptocurrency, and its price performance exceeded Bitcoin. But by this year it is completely different. This second-largest digital asset has fallen nearly 85% this year. Some days ago, the price of Ethereum has fallen below $200, and the patience and mood of investors have been greatly destroyed.
Ethereum brings a computer network. Ethereum is like a car's petrol. Developers can view its token (ETH) as a fuel for implementing certain functions on the blockchain.
Ethereum has risen from the price of 8 US dollars at the beginning of last year to the highest point of nearly 1,400 US dollars, the price has increased nearly 175 times. Ethereum is a good choice in my opinion.
Ethereum brings a computer network. Ethereum is like a car's petrol. Developers can view its token (ETH) as a fuel for implementing certain functions on the blockchain.
Ethereum has risen from the price of 8 US dollars at the beginning of last year to the highest point of nearly 1,400 US dollars, the price has increased nearly 175 times. Ethereum is a good choice in my opinion.
when coin prices fall this low, many miners choose to stop mining. because it's really not profitable. expenses more than income. but it's a very good time to buy Ethereum.
no, I don't think it's efficient to mine ethereum now because it's not profitable for you, it's better to mine bitcoin or other coins.
ethereum is now very suitable to buy because it's cheap, if you have USDT immediately buy ethereum because it will be very profitable later
ethereum is now very suitable to buy because it's cheap, if you have USDT immediately buy ethereum because it will be very profitable later
Yes, it will become stable soon. I will buy if ethereum will go below $190. I believe that ethereum is really good for long term position, that's why I am very bullish on ethereum, there's a lot of people using ethereum now. Wait for the right time.
Ethereum price is staying under $200 and I was wondering if mining is still profitable.
If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
It takes a long time to break even from mining crypto especially right now when the price is quite low, i guess the difficulty will get lower because people will switch to another coin to mine so the roi will get better than that but you can mine a lot of coin with gpu so if you think it's not profitable to mine eth then there's a lot of options to choose, you can also sell your mining rig later if you want to stop. If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
Ethereum price is staying under $200 and I was wondering if mining is still profitable.
If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
Ethereum as of now is very low in the market so probably it is not much profitable compared the last year 2017 which mining for Ethereum is profitable since it is quite high value. Speaking of ROI from your investment in buying mining rigs plus other expenses I think 2 years is too short to have your ROI back. Maybe at this year Ethereum is not much profitable but who knows by next year, it will come back just like what happened last year. So mining today is not profitable in short term but in long-term mining probably huge ROI you had. If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
No Lyra2z already more profitable then ETH-hash, but many miners believe in tomorows day of eth and mine it for further selling.
Now that Ethereum has caused panic selling, I think mining has no value. The future Ethereum will not be very valuable.
Developers who know if it's profitable if Ethereum prices last $ 200. I personally feel it benefits the developers, but it has diminished.
making ethereum mining was much easier and profitable. but the etheraum has been very depressed lately. so the minig cost was much higher.
it is not just about ETH price dumping, it is about all the other factors that has also been happening.
- decreasing the block rewards! instead of fixing the issues they decided to suddenly decrease the block reward and make it unprofitable for miners to come in so that they can prevent the big mining farms from shaping this fast.
- introduction of ASICs. this is like the final blow to GPU miners because as more ASICs enter the market and start mining ETH, you will no longer be able to even find a block with your rig let alone make profit.
- and finally there is always the fear of switching to PoS. since ethereum is centralized and doesn't have a clear roadmap about these things they can switch to PoS tomorrow or may not ever! it is just flipping a switch and that means there will always be a fear among new small time miners about their future and prevents them from starting to mine.
- decreasing the block rewards! instead of fixing the issues they decided to suddenly decrease the block reward and make it unprofitable for miners to come in so that they can prevent the big mining farms from shaping this fast.
- introduction of ASICs. this is like the final blow to GPU miners because as more ASICs enter the market and start mining ETH, you will no longer be able to even find a block with your rig let alone make profit.
- and finally there is always the fear of switching to PoS. since ethereum is centralized and doesn't have a clear roadmap about these things they can switch to PoS tomorrow or may not ever! it is just flipping a switch and that means there will always be a fear among new small time miners about their future and prevents them from starting to mine.
The cost of mining is very large, I think this is not a good way. Mining requires labor costs, electricity costs, and many more. And now the price of Ethereum has fallen so badly, I think there is no profit in mining.
If you're right then I'm wondering what happens next. I mean, what if the miners stop mining Ethereum?
I was in the mining forum asking about my situation which is basically I have free electricity. All I would need is to buy the equipment. The answer was still a no go for me. I may have been able to squeak out a few bucks but in the end it simply wasn't worth it.
In this situation the ethereum price is on dropping.
For ethereum mining it wasn't profitable for now.
In my opinion the best thing to do is buy more ethereum.
I was in the mining forum asking about my situation which is basically I have free electricity. All I would need is to buy the equipment. The answer was still a no go for me. I may have been able to squeak out a few bucks but in the end it simply wasn't worth it.
With the bearish trend of the market, its quite difficult to find a cryptocurrency that can be mined at a profit. Mining ethereum lately is far from being profitable due to the reduction in block reward, coupled with the down trend of the price.
I am pretty sure that unless you have a massive server farm with free solar or wind power that you can't be making any returns with Ethereum at these low levels. Also consider that the days of POW are numbered as most projects are now being ported to a POS model instead.
Thinking of the ROI without even starting will not help especially on ETH's current situation. The price might be low now but think of what will happen if the price goes up. You can have up to 200% increase on your capital when it happens. Also, if you have ETH on hand, you can easily buy cheap alts and then sell them when you are satisfied with the price. Relying on mining alone is not really productive. You need to trade as well.
Mining used to be a dream job, especially in the late 2017 considering the hype and high spikes in prices of all of the crypto currencies. But for now I highly doubt it's as profitable as before. Especially since all of the altcoins right now are on down-trend. So personally, I don't think it is profitable anymore..
But we can never know what might happend in the future, right? we never thought bitcoin could be as profitable as now as well before. Since everything could happend in this market I guess it's up to ones opinions.
But we can never know what might happend in the future, right? we never thought bitcoin could be as profitable as now as well before. Since everything could happend in this market I guess it's up to ones opinions.
Ethereum price is staying under $200 and I was wondering if mining is still profitable.
If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
In my opinion mining ethereum is still profitable compared to mining bitcoin, Monero or others, I've been mining ethereum for more than a year and I can still make a profit even though ethereum's price is currently under $ 200.
Ethereum price is staying under $200 and I was wondering if mining is still profitable.
If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
I think tapping the altcoins now is not a good time. Because the current Crypto market is not good and its price has gone down a lot. This leads to a decrease in profit for ETH exploits or losses. So you should consider abandoning this industry. If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
Ethereum mining now has no profit. The price of Ethereum is now very bad, and the electricity bill is very expensive. I don't think this year's encryption market will pick up in the short term.
maybe they need to take a rest for a while.continuing mining with current ethereum price should make them loss alot.electricity and maintenance cost could reduce their mining result. 
Ethereum price is staying under $200 and I was wondering if mining is still profitable.
If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
It might take more than 2 years because of the pool fees and other expenses. Ethereum mining should still be profitable for some miners who have a lot of hash rate. The small miners are the ones that will be forced to move out.If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
and the cost is just the rigs that you have unlike in investment that the cost/money is in the coins and not in your own hand. if you already have a rigs before, of course yes, it is still profitable to mine eth.
You forgot electricity cost adds up too since rates differ from each country. Mining is not profitable now a days , due to electricity expenses too. if you go to cloud mining also not profitable. its better to invest on exchanges and wait for the next moves
Alternatively you can mine other alts if you have an existing mining rig. 
Perhaps the author of this topic was not simple business. I used to have a furniture store and you know what. If the business pays off in just two years it is a very good business. Do not chase easy and fast money. Perhaps it is because of the desire of easy money that the cryptocurrency found itself in crisis.
I don't think Ethereum mining is still profitable. Because the price of Ethereum is now very bad, the price is only $200. Mining now does even lose a lot. And I think the encryption market will not pick up again in the short term.
well if we saw ethereum value right now i think is not. but if you want to keep it untill the price is rising, who know? maybe ethereum is gonna bounceback
That obvious answer is depends. Electricity cost varies as well as the mining rig since a country will have different taxation rules, however investment wise if you don't sell it immediately or wait till the price is higher it might be profitable for you.
However at the current price, dont expect too much from it. most of people that are still holding on are those that has invested to it for a long time and they sure know what they're doing.
However at the current price, dont expect too much from it. most of people that are still holding on are those that has invested to it for a long time and they sure know what they're doing.
still, because in my opinion mining that can give us profit is only mining with coin Ethereum and Bitcoin.
thinking to get ROI instantly in mining is not the things that can easy to get in crypto, it is like you punching the moon while you are step in the ground. meaning at this current rate, the price of eth is not worth to invest in but to mine, because anytime the price of eth can rise while you mining it, and the cost is just the rigs that you have unlike in investment that the cost/money is in the coins and not in your own hand. if you already have a rigs before, of course yes, it is still profitable to mine eth.
The profitable mining rigs could possibly give you bigger earnings, but if you do it with eth holdings I guess you wouldn't wonder for capitalization for mining. You need to have enough buffer to reach your mining being operational.
If you have free electricity sure. Also if you believe pricing will continue to rise.
It is not only about the costs of hardware setup, miners have also pay for electric power, with the price of Ethereum at this time, miners don't have profits if electric price is expensive, especially in tropic country, they must pay for extra aircon fee to cool down the mine devices.
yes, i think the miner are dumping. that made the price of Ethereum is blood. 
in my opinion no, because now mining Ethereum is very difficult and the price of Ethereum is now very cheap, so my advice is better you are mining another coin that is more profitable.
I do not think so, my fellow miner has sold most of their mining rig, and btw I am from Indonesia, which the price of electricity is not really expensive. They said it is not profitable anymore to mine Ethereum. So, I don't think it is profitable to mine Ethereum in any other place. However, some of them still mine on other profitable altcoins such as Monero and other cryptonight.
Ethereum price is staying under $200 and I was wondering if mining is still profitable.
If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
And the block reward is still 3 right now and imagine if that will be decreasing again into 2 and it has confirmed by ethereum core developer to reduce the block reward from 3 to 2 ethereum for each block that has been solved by miners. that will decrease your profit up to 33% and then that will increase your ROI. think again before try to do anything. If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
Ethereum mining now has no profit. The price of Ethereum is now very bad, and the electricity bill is very expensive. I don't think this year's encryption market will pick up in the short term.
Mining is not profitable now a days , due to electricity expenses too. if you go to cloud mining also not profitable. its better to invest on exchanges and wait for the next moves
thinking to get ROI instantly in mining is not the things that can easy to get in crypto, it is like you punching the moon while you are step in the ground. meaning at this current rate, the price of eth is not worth to invest in but to mine, because anytime the price of eth can rise while you mining it, and the cost is just the rigs that you have unlike in investment that the cost/money is in the coins and not in your own hand. if you already have a rigs before, of course yes, it is still profitable to mine eth.
Ethereum price is staying under $200 and I was wondering if mining is still profitable.
If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
How to Mine Ethereum Guide
If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
How to Mine Ethereum Guide
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