Mining , still worth it? - page 2. | Bitcointalksearch.org

nsummy

full member

Activity: 1179

Merit: 131

Quote from: _yoshi on May 25, 2018, 01:26:11 AM

I have a mining rig running by myself. And i can just tell everybody, the most coins are not profitable when you have no free electricity. And the only way you can do it, is to mine a coin which you think it has potential to grow in future. So when you are lucky andhit the right coin you can make good profit.

bullllshiiiit. I pay 10 cents Kw/H. Electricity cost is about 10% of my earnings per day.

Amph

legendary

Activity: 3248

Merit: 1070

it depend on your electricity rate, up to 0.2 is still profitable, even at 0.3 cent there is still tiny profit, with 0.1 cent you have a good return with a big farm, if you are casual don't mother too much, you can make more with real life job

dimpsk

newbie

Activity: 112

Merit: 0

Quote from: _yoshi on May 25, 2018, 01:26:11 AM

I have a mining rig running by myself. And i can just tell everybody, the most coins are not profitable when you have no free electricity. And the only way you can do it, is to mine a coin which you think it has potential to grow in future. So when you are lucky andhit the right coin you can make good profit.

Yep, could not agree more with this.

_yoshi

full member

Activity: 280

Merit: 103

I have a mining rig running by myself. And i can just tell everybody, the most coins are not profitable when you have no free electricity. And the only way you can do it, is to mine a coin which you think it has potential to grow in future. So when you are lucky andhit the right coin you can make good profit.

dimpsk

newbie

Activity: 112

Merit: 0

Quote from: hawkfish007 on May 24, 2018, 10:41:47 AM

All depends on your expectations and when your GPUs were bought. 6 1080 Tis still mine over $10 a day, that is plenty profitable to me. However, all of my 1080 Tis were bought last year for below $750 each and 1070s for $334 or less. They paid them over several times already, anything they make at this point is easy free money. To me, mining is worth it.

Actually now doesnot matter how many money have you paid for your rig. You will never recoup it. Just use calculator. But if you electricity is cheap or even free - you can buy some perks after paying electricity bills.

dimpsk

newbie

Activity: 112

Merit: 0

Quote from: ?? on ??

At the moment: I'd say no.
However it may be profitable again as soon as the market recovers.

Yep it's just simple. But bunch of trolls could not see it.

hawkfish007

hero member

Activity: 895

Merit: 504

All depends on your expectations and when your GPUs were bought. 6 1080 Tis still mine over $10 a day, that is plenty profitable to me. However, all of my 1080 Tis were bought last year for below $750 each and 1070s for $334 or less. They paid them over several times already, anything they make at this point is easy free money. To me, mining is worth it.

swogerino

legendary

Activity: 3136

Merit: 1233

Bitcoin Casino Est. 2013

Quote from: m.vina on May 24, 2018, 02:50:47 AM

Seems like the last page has been full of newbie accounts trying to up their post count with simulated comments.

In any case, i believe that mining is still worth it because it is simply still profitable. However, i believe it won't stay the same for long.
The reality is that this is coming:

1. Z9 ASIC - zec killer
2. E3 ASIC - eth killer
3. new GPU series from NVIDIA
4. ETH goes from POW to POS
5. difficulty of profitable coins increasing daily

I am mining with Nvidias and they perform better at Zcash, now I am seeing the sad news of a Z9 coming up and being available on end of June. I think after that miner hits the market zcash needs to show us a zcash classic which can be mined only by graphic cards just like the cryptonight guys did.

I am praying for such happening.

Etherion

sr. member

Activity: 512

Merit: 260

please read this . https://blog.sia.tech/the-state-of-cryptocurrency-mining-538004a37f9b

gotminer

member

Activity: 644

Merit: 24

Quote from: dimpsk on May 24, 2018, 12:11:36 AM

Hi trolls.
Is your mining still profitable I wonder Cheesy

Yes

m.vina

full member

Activity: 280

Merit: 102

Seems like the last page has been full of newbie accounts trying to up their post count with simulated comments.

In any case, i believe that mining is still worth it because it is simply still profitable. However, i believe it won't stay the same for long.
The reality is that this is coming:

1. Z9 ASIC - zec killer
2. E3 ASIC - eth killer
3. new GPU series from NVIDIA
4. ETH goes from POW to POS
5. difficulty of profitable coins increasing daily

catubayjhon

jr. member

Activity: 560

Merit: 6

In my opinion mining altcoins is not worth it because you need a lot of stuff like computers and strong internet signal.Some country might face a weak internet signal so its difficult to mine in that state like me.
And you consume a large amount of electricities. thats why i think its not wised!.

remauto1187ma

jr. member

Activity: 234

Merit: 2

Quote from: dimpsk on May 24, 2018, 12:14:06 AM

Quote from: mumpungiso on May 14, 2018, 12:45:49 AM

I think mining still worth and profitable. Because until to day i always get the coins.
But if your asking about get a lot coins, i think not worth. Because my hashrate not to much as others, so i just get small coins. But the way i still enjoying to mining and the result can be trade at market exchange.
Because of that, i can tell you mining still worth. Not how much we can get but what can we do for the coins.

But if you compared then your electricity costs and investment on hardware you can realize - it'is not. It is just for fun.

Troll alert! This clown is trolling the threads hard today!

dimpsk

newbie

Activity: 112

Merit: 0

Quote from: mumpungiso on May 14, 2018, 12:45:49 AM

I think mining still worth and profitable. Because until to day i always get the coins.
But if your asking about get a lot coins, i think not worth. Because my hashrate not to much as others, so i just get small coins. But the way i still enjoying to mining and the result can be trade at market exchange.
Because of that, i can tell you mining still worth. Not how much we can get but what can we do for the coins.

But if you compared then your electricity costs and investment on hardware you can realize - it'is not. It is just for fun.

dimpsk

newbie

Activity: 112

Merit: 0

Hi trolls.
Is your mining still profitable I wonder Cheesy

Rocktop044

newbie

Activity: 154

Merit: 0

Mining will be profitable if you have cheap electricity, I think today is not smart for ordinary people to mine because of the bloated electricity costs, while in china many people mine because of the cheap electricity prices. I think for now better buy.

gotminer

member

Activity: 644

Merit: 24

Quote from: MrN1ce9uy on May 13, 2018, 11:13:10 PM

Quote from: s90x on May 07, 2018, 12:23:03 AM

I complete 12 months of mining this month. After several months of trying out different coins and trading, I have come to conclusion that point all miners to supportxmr and hold all your monero and live a peaceful life. Cool

Yes, it is profitable but I never sold any mined coins so it is all paper money Tongue

To support XMR??

I've heard some mention it to be a good cryptocurrency. Can you expand on why you would point miners to support XMR? Do you mine XMR? CPU and GPU?

Support XMR is a XMR pool. GPU mine it with AMD hardware.

mumpungiso

newbie

Activity: 56

Merit: 0

I think mining still worth and profitable. Because until to day i always get the coins.
But if your asking about get a lot coins, i think not worth. Because my hashrate not to much as others, so i just get small coins. But the way i still enjoying to mining and the result can be trade at market exchange.
Because of that, i can tell you mining still worth. Not how much we can get but what can we do for the coins.

MrN1ce9uy

member

Activity: 155

Merit: 11

Quote from: s90x on May 07, 2018, 12:23:03 AM

I complete 12 months of mining this month. After several months of trying out different coins and trading, I have come to conclusion that point all miners to supportxmr and hold all your monero and live a peaceful life. Cool

Yes, it is profitable but I never sold any mined coins so it is all paper money Tongue

To support XMR??

I've heard some mention it to be a good cryptocurrency. Can you expand on why you would point miners to support XMR? Do you mine XMR? CPU and GPU?

s90x

newbie

Activity: 16

Merit: 0

I complete 12 months of mining this month. After several months of trying out different coins and trading, I have come to conclusion that point all miners to supportxmr and hold all your monero and live a peaceful life. Cool

Yes, it is profitable but I never sold any mined coins so it is all paper money Tongue

Topic: Mining , still worth it? - page 2. (Read 7308 times)