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Topic: Mining ETH is now no profit - page 9. (Read 2213 times)

sr. member
Activity: 658
Merit: 250
May 26, 2019, 03:44:13 AM
#5
Not profitable might be in two parts, do you mean what you have left after converting ETH to USD left you with zero profits or you did not mine any impressive amount of ETH ?
The first is as a result of power bills while the second is as a result of ETH high difficulty.
sr. member
Activity: 861
Merit: 281
May 26, 2019, 02:54:55 AM
#4
-snip-
150Mh/s; 750W
How can your rig only consume 750W?
Each card has TDP of 120W which could reach up to 180W of power in real usage.
Also the processor, motherboard, Drives and peripherals consumes power, even with 120W the whole rig would consume more than 750W.

You might be losing more than you think, how much is your electricity cost?
I have quite of few of them and each of it consumes 80-85W mining ETH only at 24-25 MH/s.
A rig of six cards as such with other things considered will consume around 600-650 W from the wall. So, I guess that's fine.
legendary
Activity: 3808
Merit: 1723
May 26, 2019, 01:16:03 AM
#3
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.
sr. member
Activity: 254
Merit: 1258
May 25, 2019, 10:33:31 PM
#2
It's definitely profitable and all depends on your power cost, that and Eth is a coin people are speculating on.
legendary
Activity: 2534
Merit: 6080
Self-proclaimed Genius
May 25, 2019, 11:17:04 PM
#2
-snip-
150Mh/s; 750W
How can your rig only consume 750W?
Each card has TDP of 120W which could reach up to 180W of power in real usage.
Also the processor, motherboard, Drives and peripherals consumes power, even with 120W the whole rig would consume more than 750W.

You might be losing more than you think, how much is your electricity cost?

Quote from: unewbie
Why many people still are mining ETH??
"Free Electricity" Dudes.
Huge Mining farms with low-cost Electricity or additional alternative sources (Ex. Solar).
newbie
Activity: 3
Merit: 0
May 25, 2019, 07:42:44 PM
#1
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??
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