If you don’t have to pay for electricity, it’s profitable) And if you consider that ETH continues to grow, then I think that you can make money on small farms. Yes, in general, small farms do not really survive today. So many problems from 60-100 $.
Fuck it's profitable at 13 cents a killawatt, I don't get what all of you are on about. Higher electric cost the less you can mine profitablity, nothing has ever changed that. 
Topic: Mining ETH is now no profit - page 8. (Read 2213 times)
I think most ETH miners are banking on the assumption that ETH price would replicate its previous ATH soon and that they still continue to mine it in the hope that its price will rise again even when it seems still like a losing operation. I personally would like to call this mining-as-an-investment strategy. 
I saw this coming a while ago. Rewind 2 years and mining Ethereum was profitable. Then it got to a point when it gave you no profits. Now it will give most of the small time miners a loss, but they hope it will give them a profit later on if ETH skyrockets in value.
Take the price of electricity 6 cents
That is why you trolls fail to understand, profitability wise worldwide is when it matters because it causes very high supply and demand of profit to everybody. So as long as you trolls say it depends on electricity to be profitable that is when you trolls lose focus on the market as a whole. The market must be decentralized and electricity price should never be counted towards profitability. In 2017 when it was profitable, nobody was saying their electricity price around or bragging their earnings was higher than the other, everybody was winning and that meant the market was profitable. You trolls must understand how things work beyond your trollish brains.
I think most ETH miners are banking on the assumption that ETH price would replicate its previous ATH soon and that they still continue to mine it in the hope that its price will rise again even when it seems still like a losing operation. I personally would like to call this mining-as-an-investment strategy.
I saw this coming a while ago. Rewind 2 years and mining Ethereum was profitable. Then it got to a point when it gave you no profits. Now it will give most of the small time miners a loss, but they hope it will give them a profit later on if ETH skyrockets in value.
Why not profitable? Very profitable.
See, 150 mh is $3.23 per day.
Take the price of electricity 6 cents, 0.75*24=18, 18 *0.06 = $1.08
3.23-1.08=$2.15 per day, *30 day= $64.5 per mouth.
And if the part is only sold, and the rest is sold at a higher price, then it will turn out well.
See, 150 mh is $3.23 per day.
Take the price of electricity 6 cents, 0.75*24=18, 18 *0.06 = $1.08
3.23-1.08=$2.15 per day, *30 day= $64.5 per mouth.
And if the part is only sold, and the rest is sold at a higher price, then it will turn out well.
Why 6 cents? The price of electricity is different everywhere, for example, in my country in my region the cost is about 9 cents. There are regions where the cost is higher.
Serious miners are paying nowhere near that, they are closet to 1-2 cent range. Anyone that is paying around 10 cents should just pack it up and do something else besides mining.
its worth nowadays?
my mining farm is very far down in yield Ethereum. well that free electricity, it would long ago have gone into minus mining at this
It looks like mining is not profitable right now but if ETH price can catch ATH value, today's mining value will be profitable again. So, this is why people still continuous on mining.
If that happened people would be much off just buying Ethereum instead of putting money into their mining operation.
buying mining parts atm. But if you have a rig already and you keep the mined coins, you can sell them for 6x profit
If you don’t have to pay for electricity, it’s profitable) And if you consider that ETH continues to grow, then I think that you can make money on small farms. Yes, in general, small farms do not really survive today. So many problems from 60-100 $.
Hello everybody,
Mining ETH now seems to be no profit.
I use VGA P106-100 6GB; 6 card
150Mh/s; 750W
Why many people still are mining ETH??
Mining ETH now seems to be no profit.
I use VGA P106-100 6GB; 6 card
150Mh/s; 750W
Why many people still are mining ETH??
when it comes to profitability of mining on any altcoin / btc it is still the same. Profitability depends on your electricy costs. you pay 0.1$ just imagine there are people paying 3 cent or less for 1 kWh. this is the reason why miners are still in game. there are also miners who speculate on higher prices in the future...
Why not profitable? Very profitable.
See, 150 mh is $3.23 per day.
Take the price of electricity 6 cents, 0.75*24=18, 18 *0.06 = $1.08
3.23-1.08=$2.15 per day, *30 day= $64.5 per mouth.
And if the part is only sold, and the rest is sold at a higher price, then it will turn out well.
See, 150 mh is $3.23 per day.
Take the price of electricity 6 cents, 0.75*24=18, 18 *0.06 = $1.08
3.23-1.08=$2.15 per day, *30 day= $64.5 per mouth.
And if the part is only sold, and the rest is sold at a higher price, then it will turn out well.
Why 6 cents? The price of electricity is different everywhere, for example, in my country in my region the cost is about 9 cents. There are regions where the cost is higher.
Why not profitable? Very profitable.
See, 150 mh is $3.23 per day.
Take the price of electricity 6 cents, 0.75*24=18, 18 *0.06 = $1.08
3.23-1.08=$2.15 per day, *30 day= $64.5 per mouth.
And if the part is only sold, and the rest is sold at a higher price, then it will turn out well.
See, 150 mh is $3.23 per day.
Take the price of electricity 6 cents, 0.75*24=18, 18 *0.06 = $1.08
3.23-1.08=$2.15 per day, *30 day= $64.5 per mouth.
And if the part is only sold, and the rest is sold at a higher price, then it will turn out well.
It's definitely profitable and all depends on your power cost, that and Eth is a coin people are speculating on.
Its still not profitable or barely profitable in many places around the world.
The only people who find it profitable at the moment are the ones with 10 cent power, which is fairly common in many places but in many other places like Hawaii its still not profitable.
Right now putting the number into What-to-mine you would need basically power to be less than 20 cents per kilo-watt hour to make break-even, based on a RX 470 4GB GPU which is fairly common.
I guess some can mine now and sell in the future if ETH ends up doubling in value.
ETH has been unprofitable for the past 14 months. I only consider profitable if roi is less than 200 days which is not the case at moment.
I think most ETH miners are banking on the assumption that ETH price would replicate its previous ATH soon and that they still continue to mine it in the hope that its price will rise again even when it seems still like a losing operation. I personally would like to call this mining-as-an-investment strategy.
It looks like mining is not profitable right now but if ETH price can catch ATH value, today's mining value will be profitable again. So, this is why people still continuous on mining.
If that happened people would be much off just buying Ethereum instead of putting money into their mining operation.
It looks like mining is not profitable right now but if ETH price can catch ATH value, today's mining value will be profitable again. So, this is why people still continuous on mining.
150 Mhs gets you roughly 3 USD per day, electricity cost = 0,1 USD/kwh , 0,75 ( 750 watt ) x 24 x 0,1 = 1,8 USD electricity cost , 3-1,8= 1,2 USD profit. Is it sensible to build a mining rig with this conditions? Maybe with second hand parts, definetaly not with brand new equipment. Is it sensible to continiue mining with your existing rig? Yes
Not everywhere the electric cost is 0.1$ per kWh. Maybe OP is living somewhere where the cost is 0.15$ per kWh.
150 Mhs gets you roughly 3 USD per day, electricity cost = 0,1 USD/kwh , 0,75 ( 750 watt ) x 24 x 0,1 = 1,8 USD electricity cost , 3-1,8= 1,2 USD profit. Is it sensible to build a mining rig with this conditions? Maybe with second hand parts, definetaly not with brand new equipment. Is it sensible to continiue mining with your existing rig? Yes
Mining ETH has not been profitable for most regular miners for a long time now, that is not something that has come up recently sadly. Then again if Bitcoin keeps rising and drags the value of ETH up with it, mining ETH can become profitable in the future.
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