Topic: Is the mining of Ethereum profitable? - page 2. (Read 1145 times)
You can tell how profitable Eth is by how hard it is to buy Amd Gpu's, currently it is next to impossible.
Yes, at the moment, the mining of ethereum is profitable, but they can refuse from mining at all according to information from the latest news. This will change the rules of the market crypto currency.
As the price of Ethereum hovers around $300, you may be wondering to yourself whether or not it’s worthwhile to begin mining. Like Bitcoin, Ethereum is a proof-of-work coin that uses miners to confirm network transactions. The profitability of mining varies from person to person and changes over time – usually becoming less profitable as the coin matures, So try it with minimalist deposit so you not afraid if fail.
Half a year ago I was interested in this issue, but then there was no finance, for investment, now when they appeared, I decided to try. Old people ... tell me, is it worth starting now?
Mining gives you the possibility to earn coins on an ongoing basis, thereby basically smoothening out price fluctuations. It's almost like a savings plan.
Sure ETH mining can be profitable, but that also depends on your location and the price for electricity. You can find a lot of good material here: https://www.cryptocompare.com/mining/
Sure ETH mining can be profitable, but that also depends on your location and the price for electricity. You can find a lot of good material here: https://www.cryptocompare.com/mining/
Mining is still profitable, even mining Ethereum as was asked. I think you should look at different subreddits, like /r/ethermining or /r/gpumining. Some like to invest in coins instead, some enjoy the mining aspect.
uhhh the s9 does about 40$a day what do you mean not profitable.
I have 150 Eth miners,a bunch of zcash and 20 btc and some ltc miners... BTC MINER is most profitable for a month or2 now.
While I agree if I had to choose one i'd choose a gpu miner for adaptability purposes.
I have 150 Eth miners,a bunch of zcash and 20 btc and some ltc miners... BTC MINER is most profitable for a month or2 now.
While I agree if I had to choose one i'd choose a gpu miner for adaptability purposes.
In connection with the announced transition of the ethereum to the algorithm of Proof of Stake (PoS) mining will not be relevant. https://www.influencive.com/ethereums-casper-almost-heres-need-know/
This will save a lot of electricity.
Yep, This can fundamentally change Ethereum and the mining will become less profitable. I think there is nothing better than the mining of bitcoins nowThis will save a lot of electricity.
The right answer is "it depends"
If you are mining ethereum, probably not. If you are renting hash, no.
If you buy a rig there are tons of things to mine, eth being one of them, which eventually you may break even on.
Its not really something that you ought to look at as "is this profitable" but look at it more like - should I convert fiat to crypto in a slow steady stream or in lump sums.
Ultimately the issue with "profitability" is that is assumes static prices, which is absurd for these markets.
If you are mining ethereum, probably not. If you are renting hash, no.
If you buy a rig there are tons of things to mine, eth being one of them, which eventually you may break even on.
Its not really something that you ought to look at as "is this profitable" but look at it more like - should I convert fiat to crypto in a slow steady stream or in lump sums.
Ultimately the issue with "profitability" is that is assumes static prices, which is absurd for these markets.
In connection with the announced transition of the ethereum to the algorithm of Proof of Stake (PoS) mining will not be relevant. https://www.influencive.com/ethereums-casper-almost-heres-need-know/
This will save a lot of electricity.
Yep, This can fundamentally change Ethereum and the mining will become less profitable. I think there is nothing better than the mining of bitcoins now This will save a lot of electricity.
If you have amd rig ETH is one of the best to mine.
You can always sell ETH on an exchange platform and buy cheap coins with maybe bigger opportunities for future growth.
Or just hodl.
You can always sell ETH on an exchange platform and buy cheap coins with maybe bigger opportunities for future growth.
Or just hodl.
Despite the fact that I like ethereum for mining, for this you need rx 480/580 GPUs, which are best in this job and you'll ROI quickly. But as you see nvidia cards worths much more and ROI on ether is very slow here, if you get 3 month from rx, on nvidia you'll get 5-6. But also consider this fact, nvidia cards are great for mining other altcoins too, now some of them has high prices. Just see on whattomine, with nvidia you can get 25$ pure profit daily + these cards are new and you can sell them anytime at a great price.
In connection with the announced transition of the ethereum to the algorithm of Proof of Stake (PoS) mining will not be relevant. https://www.influencive.com/ethereums-casper-almost-heres-need-know/
This will save a lot of electricity.
This will save a lot of electricity.
i think you should try this coin DCY .. it's not famous but have a bright future...
see this video for more information https://www.youtube.com/watch?v=vHYC2OPo8pY
see this video for more information https://www.youtube.com/watch?v=vHYC2OPo8pY
Is there ETH mining that using CPU instead of GPU? ETH cost is now very high and still increasing...
No, CPU mining is obsolete 
If you want Ethereum, probably better to just buy some and HODL - looking at all the miners of the last few months, more profits can be made by just buying and hodling 
This. It's almost always more profitable just to buy the coins and hodl.
ETH cost US$1300. I think it's possible.
Is there ETH mining that using CPU instead of GPU? ETH cost is now very high and still increasing...
omg sarcasm. Plus why add another guy that clearly has no clue if he is asking that question.
He will learn
one way or another
omg sarcasm. Plus why add another guy that clearly has no clue if he is asking that question.
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