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Topic: Mining , still worth it? - page 4. (Read 7327 times)

full member
Activity: 714
Merit: 104
April 20, 2018, 11:29:08 AM
Mining making comeback, how its do barca in 2017
legendary
Activity: 2002
Merit: 1016
April 20, 2018, 09:21:11 AM
If you are able to just cut your bills in electricity to minimum and you have some money to invest in computers and at the same time you have knowledge in this thread you could try in my opinion to find some coins to mine that will offer you some profit.
newbie
Activity: 21
Merit: 0
April 20, 2018, 08:21:48 AM
i dont think its fine. why not work for a campaign and the tokens that you receive will be you investment, convert it into bitcoin and watch it grow! atleast in this way, you didn't risk anything.
newbie
Activity: 56
Merit: 0
April 20, 2018, 08:11:22 AM
Of course, because not all of the resources come from airdrops or buying and mining is no exception because he is the tool that we use to earn commission.
member
Activity: 644
Merit: 24
April 20, 2018, 07:42:34 AM
We are in the middle right now of whether "is mining worth it or not"

Last 2 weeks it was very unprofitable due to the low ETH price.

Right now since ETH is rebounding it's looking better but the difficulty can still hurt us.

So if you got a rig, it's wise to continue but wait and see first if you want to buy more GPUs.

Actually, if u just buy bitcoin at 800 bucks in jan 2017 or 2000-4000 usd in jun to august 2017, u would make 10x or 2-4x profit now. Mining would not have made that much or close to it even with free electricity. Right now, mining difficulty increases too fast. So, good luck to miners. The good news is GPU can be bought again at amazon at lower prices these days.

That's cool.  Let us know when your time machine gets here.
member
Activity: 644
Merit: 24
April 20, 2018, 07:41:51 AM
We are in the middle right now of whether "is mining worth it or not"

Last 2 weeks it was very unprofitable due to the low ETH price.

Right now since ETH is rebounding it's looking better but the difficulty can still hurt us.

So if you got a rig, it's wise to continue but wait and see first if you want to buy more GPUs.

Are you one of those "ETH is the only coin you can mine" guys?
member
Activity: 644
Merit: 24
April 20, 2018, 07:40:20 AM
Still - it's worth it, especially reliable in my opinion to invest in Paytomat
https://tokensale.paytomat.com/

Stop shilling your bullshit.
newbie
Activity: 112
Merit: 0
April 20, 2018, 12:52:56 AM
Marinecoin's - Bitcoin and Ethereum have a bright future. But in that there are some limited bitcoin aspects of high transfer charges and speed is not fast.in Internet Artificial Intelligence (AI) of Things (IoT). time dilution technology. time dilution technology - artificial intelligence - self sustaining - community - fair distribution - iotand I know that this kind of coin is very fast transfer and the transfer fee is very low. They are free and give 20,000 coins to those who apply for and do some steps.check this airdrop projects visit Marinecoin's dot info and follow all the simple steps. and get 20,000 Marinecoin's coins for free every 24 hours. Because it has so many things that other projects do not have.

I don't  know what are ya talking about.  Eth has slow transfer rate, it's not anonimous. But it's the most profitable altcoin  to mine. So mine it and transfer into  Btc is the best strategy if ya had equipment already. If not - forget about mining.
newbie
Activity: 112
Merit: 0
April 20, 2018, 12:49:21 AM
We are in the middle right now of whether "is mining worth it or not"

Last 2 weeks it was very unprofitable due to the low ETH price.

Right now since ETH is rebounding it's looking better but the difficulty can still hurt us.

So if you got a rig, it's wise to continue but wait and see first if you want to buy more GPUs.

Actually, if u just buy bitcoin at 800 bucks in jan 2017 or 200-4000 usd in jun to august 2017, u would make 10x or 2-4x profit now. Mining would not have made that much or close to it even with free electricity. Right now, mining difficulty increases too fast. So, good luck to miners. The good news is GPU can be bought again at amazon at lower prices these days.

Yep, it doesnot  worth it now. Just buy bitcoin if ya had money.
full member
Activity: 462
Merit: 118
April 19, 2018, 08:46:44 PM
We are in the middle right now of whether "is mining worth it or not"

Last 2 weeks it was very unprofitable due to the low ETH price.

Right now since ETH is rebounding it's looking better but the difficulty can still hurt us.

So if you got a rig, it's wise to continue but wait and see first if you want to buy more GPUs.

Actually, if u just buy bitcoin at 800 bucks in jan 2017 or 2000-4000 usd in jun to august 2017, u would make 10x or 2-4x profit now. Mining would not have made that much or close to it even with free electricity. Right now, mining difficulty increases too fast. So, good luck to miners. The good news is GPU can be bought again at amazon at lower prices these days.
legendary
Activity: 3808
Merit: 1723
April 19, 2018, 08:19:18 PM
We are in the middle right now of whether "is mining worth it or not"

Last 2 weeks it was very unprofitable due to the low ETH price.

Right now since ETH is rebounding it's looking better but the difficulty can still hurt us.

So if you got a rig, it's wise to continue but wait and see first if you want to buy more GPUs.
member
Activity: 644
Merit: 24
April 19, 2018, 07:52:14 PM
Two newbie shilling machines right above me  Grin Grin Grin
sr. member
Activity: 1008
Merit: 297
Grow with community
April 15, 2018, 07:37:39 PM
Depends how much risk you are willing to take.

Mining is less risky, because youre investing into computer hardware that mostly maintains its re-sale value

Its always been my opinion that its easier to invest into a coin you believe in, then to buy, setup and maintain miners.

Mining does support the strength of the network and keeps another copy of the blockchain,
so as an investor its probably in your best interest to help support that for the coins you believe in.

One of the main goals of a miners is to have the worth of the coins mined be higher than the cost of electricity to mine them.
So that way a profit is being made.

I think mining is still totally worth it
Id start with a CPU ONLY coin like BiblePay

Totally worth  it Huh Cheesy
Of course no.
But somehow somewere may be ... Depends on many conditions.

At todays price, yep, still worth it, don't know when will it last

seeing Green bars since last week, a good indicators of Crypto price back to rise

if you know what you're doing, they can now give you a decent return

btw I'm into GPU mining
full member
Activity: 462
Merit: 118
April 15, 2018, 07:15:08 PM
Not worth it these days. There are too many asic miners available for sale. ROI is too risky as new stronger machines keep appearing.

In short, btc price boomed 8-10x last year. That allowed a good amount of asics to be sold.
Bitcoin isnt booming in price this year and it cannot boom 8-10x yearly.
So, there will be excess unsold asics. Such as the case now as u can see. This push profitability down to low levels and there is a higher risk of not being able to break even.
newbie
Activity: 112
Merit: 0
April 15, 2018, 06:21:57 PM
Depends how much risk you are willing to take.

Mining is less risky, because youre investing into computer hardware that mostly maintains its re-sale value

Its always been my opinion that its easier to invest into a coin you believe in, then to buy, setup and maintain miners.

Mining does support the strength of the network and keeps another copy of the blockchain,
so as an investor its probably in your best interest to help support that for the coins you believe in.

One of the main goals of a miners is to have the worth of the coins mined be higher than the cost of electricity to mine them.
So that way a profit is being made.

I think mining is still totally worth it
Id start with a CPU ONLY coin like BiblePay

Totally worth  it Huh Cheesy
Of course no.
But somehow somewere may be ... Depends on many conditions.
full member
Activity: 1260
Merit: 115
April 14, 2018, 12:58:23 PM
Depends how much risk you are willing to take.

Mining is less risky, because youre investing into computer hardware that mostly maintains its re-sale value

Its always been my opinion that its easier to invest into a coin you believe in, then to buy, setup and maintain miners.

Mining does support the strength of the network and keeps another copy of the blockchain,
so as an investor its probably in your best interest to help support that for the coins you believe in.

One of the main goals of a miners is to have the worth of the coins mined be higher than the cost of electricity to mine them.
So that way a profit is being made.

I think mining is still totally worth it
Id start with a CPU ONLY coin like BiblePay
member
Activity: 74
Merit: 10
April 14, 2018, 08:30:26 AM
Close. But no Smiley
sr. member
Activity: 1008
Merit: 297
Grow with community
April 14, 2018, 06:23:49 AM
I made $90 today off a sub $1 electric cost.

No joke.

I wish I could tell you how but then people will start to figure it out and cut into my profits.

Let me guess

You mined low diff coin

you have a lot of bag coins for the day

suddenly price goes up

earn $$ in an instant Grin

that's everybodys tellin about.. not relying what you see on calculators

member
Activity: 74
Merit: 10
April 14, 2018, 05:10:29 AM
I made $90 today off a sub $1 electric cost.

No joke.

I wish I could tell you how but then people will start to figure it out and cut into my profits.
hero member
Activity: 1118
Merit: 541
April 09, 2018, 06:48:54 AM
If you look at my stats, post count is a LOT higher than activity.

Sorry, I don't have that much to say  Grin

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