Author

Topic: Question about Ethereum mining (Read 720 times)

hero member
Activity: 653
Merit: 500
July 16, 2017, 10:05:32 AM
#13
In 15 days this profitability is a half. Make your own choices, personally I am still using all my GPUs and mining. I'm not thinking about seling them in a short period
member
Activity: 76
Merit: 10
Geniuses are always branded as crazy
July 16, 2017, 09:33:58 AM
#12
difficulty raised, time per block raised, more people mining so you have to share with more people Smiley

expect this will go down further in next weeks

I wondering if still is worth to buy a new rig to mining cryptocurrency.

Store called me because I had reserved 8 rx 570 Saphire and they were delivered at the store and I don't know what to do now  Undecided

the diff always increase your $26 per day will be $20 then $15 then even less, it's better for now to not add other gpu to not compete against yourself, and do nothing, better to watch the situation, because the value on all altcoin is declining a bit or stagnant

I think the profit is less than $10 now.

Thats just begging, i will go down to 5$ or even lower, without the costs to operate.
sr. member
Activity: 302
Merit: 250
July 16, 2017, 08:35:07 AM
#11
difficulty raised, time per block raised, more people mining so you have to share with more people Smiley

expect this will go down further in next weeks

I wondering if still is worth to buy a new rig to mining cryptocurrency.

Store called me because I had reserved 8 rx 570 Saphire and they were delivered at the store and I don't know what to do now  Undecided

the diff always increase your $26 per day will be $20 then $15 then even less, it's better for now to not add other gpu to not compete against yourself, and do nothing, better to watch the situation, because the value on all altcoin is declining a bit or stagnant

I think the profit is less than $10 now.
sr. member
Activity: 406
Merit: 250
July 01, 2017, 09:08:38 AM
#10
difficulty raised, time per block raised, more people mining so you have to share with more people Smiley

expect this will go down further in next weeks

I wondering if still is worth to buy a new rig to mining cryptocurrency.

Store called me because I had reserved 8 rx 570 Saphire and they were delivered at the store and I don't know what to do now  Undecided

the diff always increase your $26 per day will be $20 then $15 then even less, it's better for now to not add other gpu to not compete against yourself, and do nothing, better to watch the situation, because the value on all altcoin is declining a bit or stagnant
sr. member
Activity: 302
Merit: 250
July 01, 2017, 09:04:53 AM
#9
difficulty raised, time per block raised, more people mining so you have to share with more people Smiley

expect this will go down further in next weeks

The main concern is that the number of blocks each has reduced quite a lot recently.
newbie
Activity: 6
Merit: 0
July 01, 2017, 08:48:17 AM
#8
Difficulty increased and more and more people are jumping into ether mining so the rewards for it decreased.

It's still worth it if you ask me. If you believe in ethereum, keep what you mine until the price gets better and better in the coming months.

That's $80 per month for almost nothing if electricity is cheap in your place (it's about $0.05/kwh where I live) per card !



I have to pay €0.20/kwh so I think my best bet  would be to invest the money in Ethereum instead was going to spend in these graphics. 

Another thing I have to keep in mind is that Ethereum is going to change from pow to pos, so I just could mine for less than 6 months
hero member
Activity: 728
Merit: 537
June 30, 2017, 07:06:26 PM
#7
Difficulty increased and more and more people are jumping into ether mining so the rewards for it decreased.

It's still worth it if you ask me. If you believe in ethereum, keep what you mine until the price gets better and better in the coming months.

That's $80 per month for almost nothing if electricity is cheap in your place (it's about $0.05/kwh where I live) per card !

full member
Activity: 168
Merit: 100
June 30, 2017, 06:04:46 PM
#6
Sell them on eBay.

best recommendation - you can make a decent profit with them on ebay Wink
member
Activity: 81
Merit: 15
June 30, 2017, 06:03:00 PM
#5
Sell them on eBay.


Very good plan!  Difficulty is only going to get worse....
newbie
Activity: 49
Merit: 0
June 30, 2017, 05:34:59 PM
#4
Sell them on eBay.
newbie
Activity: 6
Merit: 0
June 30, 2017, 04:54:30 PM
#3
difficulty raised, time per block raised, more people mining so you have to share with more people Smiley

expect this will go down further in next weeks

I wondering if still is worth to buy a new rig to mining cryptocurrency.

Store called me because I had reserved 8 rx 570 Saphire and they were delivered at the store and I don't know what to do now  Undecided
full member
Activity: 168
Merit: 100
June 30, 2017, 03:15:32 PM
#2
difficulty raised, time per block raised, more people mining so you have to share with more people Smiley

expect this will go down further in next weeks
newbie
Activity: 6
Merit: 0
June 30, 2017, 03:08:59 PM
#1
Hello everyone,

I'm new, recently bought a rx 470 8g. I started to mining on 17 June I was doing like 5$ per day in dwarfpool currently I'm doing like 2'6 per day. I'd like to know what's change?
Also if someone could give some tips or guides, I would be very thankful.

Thanks in advance
Kind Regards
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