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Topic: Still money in mining - page 3. (Read 1746 times)

newbie
Activity: 11
Merit: 0
May 27, 2013, 03:31:22 PM
#9
ASIC is the not so distant future of mining..

Think of mining as a way to preserve wealth.
member
Activity: 87
Merit: 10
May 27, 2013, 03:11:35 PM
#8
only ASIC can get money
legendary
Activity: 2408
Merit: 1004
May 27, 2013, 03:05:58 PM
#7
I think that gpu card for mining is dead only ASIC miner now
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
May 27, 2013, 03:05:22 PM
#6
Currently mining hashrate is over 100THash/s

This means that yes, for some people it is profitable. Hashrate keep increase  Smiley
sr. member
Activity: 252
Merit: 250
May 27, 2013, 03:02:18 PM
#5
I'm still mining and will continue to. If you have an interest in Bitcoin, it's not a bad idea to try your hand at mining. I'd recommend doing some extensive research and making only small investments to start.
newbie
Activity: 6
Merit: 0
May 27, 2013, 01:57:26 PM
#4
Here is the site you want to look at:

http://www.bitcoinx.com/profit/

All depends on GPU or ASIC mining ...and what your electricity price is
newbie
Activity: 31
Merit: 0
May 27, 2013, 01:48:17 PM
#3
Hey guys,

is there still money in mining or do you get only the costs of computer and energy back?

For GPU mining, it depends on your electricity cost. Run the numbers based on cost of electricity, hash rate and price of bitcoin.

The consensus around here is GPU mining is no longer worth the cost, but I ran the numbers and figured that even if difficulty triples, at current bitcoin prices I will still make some money by keeping my computers on, something I already do anyways Grin
full member
Activity: 224
Merit: 100
May 27, 2013, 01:18:04 PM
#2
Depends on what you mine with.

Cost efficient GPUs can still get you a profit.

But to really earn some money you'd be better of with ASIC based miners.
newbie
Activity: 27
Merit: 0
May 27, 2013, 01:15:13 PM
#1
Hey guys,

is there still money in mining or do you get only the costs of computer and energy back?
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