Topic: Mining still profitable? - page 2. (Read 2022 times)
i recommand that to check some ICOs they trying to build thier farms and start mining and if you're an investor and the project successed you will make huge profit, check ,startmining.io and also terramining
I'm using GPU mining at the moment, its not giving you 50% per month but if you set the miner for proper coins you can grab a bit of money for each month or wait till the coin goes up(i pick this option 
) each month few % of investment is a good
) each month few % of investment is a good
I'm not familiar with ASIC but how do you calculate the profitability? I thought that ASIC was cheaper to buy but was less profitable than GPU mining.
I think ASICs are profitable and will always be, at worst case scenarios you can rent them and they don't require much maintenance like GPU rigs
I can't speak to the maintenance required for ASICs (never had one) but gpu rigs are fairly easy if setup properly, at least in my experience.
I kinda prefer the flexibility with gpu rigs, both in terms of build customization and the amount of algos you can mine. It's also pretty easy to liquidate old gpus on the gaming market when they become inefficient.
In a worst case scenario, it seems like ASICs would be harder to sell.
it is profitable if you got your hands on the first batch, but for those late nov batch you need to hustle your way to make your roi faster
To me, mining is fun and a learning experience. If it becomes unprofitable, then just use my rig for gaming and entertainment. 
But is expensive..no?
I am sure that production is profitable always. No one will get coins if it is not profitable. Another question the profitability of mining. It may decline or rise depending on market conditions. Attachments new equipment always generate revenue but if you buy equipment with the second hand you run the risk that it will never generate revenue.
I think ASICs are profitable and will always be, at worst case scenarios you can rent them and they don't require much maintenance like GPU rigs
While ASICs are definitely more efficient and have higher profitability, there have little value outside of mining.
If mining becomes unprofitable, then it cannot be used for anything except the resale market...
I think ASICs are profitable and will always be, at worst case scenarios you can rent them and they don't require much maintenance like GPU rigs
Mining with asics or gpus are both profitable, both have pros and cons. You just need to find out what you are comfortable with.
It seems to me that mining coins is using graphic card is cost-effective in countries with cheap electricity but this method has a very low profitability. The main advantage is that you can gradually build up power. No need to invest a lot of money to start. If this occupation you do not like or at some stage will be not profitable you can always sell your GPU and return part of the money spent. I think that you should start with this method.
Yes, mining is profitable.
There are a lot of factors to consider like cost of electricity, cost of GPUs, what coin you mine, etc.. But when you get all of this down and everything comes together, yes, mining is profitable. Actually, even if you don't have the most optimized configuration, mining income is still greater than cost of electricity at the moment and i believe this is sure for at least the remaining of 2017.
There are a lot of factors to consider like cost of electricity, cost of GPUs, what coin you mine, etc.. But when you get all of this down and everything comes together, yes, mining is profitable. Actually, even if you don't have the most optimized configuration, mining income is still greater than cost of electricity at the moment and i believe this is sure for at least the remaining of 2017.
im mining ether
and insights regarding the new protocol?
and insights regarding the new protocol?
After the update, the profitability will not change.
Mining with asics or gpus are both profitable, both have pros and cons. You just need to find out what you are comfortable with.
Nope
I think gpu mining profitable if you have low energy cost or low gpu cost or both of course. But i am wait bitcoin gold, and eth upgrade it can bust profit.
To me, mining is fun and a learning experience. If it becomes unprofitable, then just use my rig for gaming and entertainment.
im mining ether
and insights regarding the new protocol?
and insights regarding the new protocol?
Is mininG still profitable these days and which coins are mainly mined except for bitcoin and bitcoin cash etc.
How much can one mine a day based on rig and cost?
These may be stupid questions but appreciate any help.
The best answer to your questions is HERE, only one click away
don't think we need to think at mining anymore..
HSR is pretty good right now. Recently, Australia also adopted the HSR support resolution, you can enter a few miners community understand the latest HSR mining revenue. 
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