Topic: Which coin should u mine right now? (Read 498 times)
we now see ethereum with 3 different types namely ethereum , ethereum classic, ethereum Pow. but for this time ethereum POW seems less attractive because the previous two ethereum is very enough for them. looks like ethereum POW really competes with ethereum classic in its mining.
With the gpu currently in my possession i switched to mining etc but if i see that the gain is too low compared to eth i will switch to nicehash to make a btc accumulation strategy
It was believed that since mining on the ethereum blockchain is over as a result of the just concluded ETH merge, it is widely believed that the miners might be considering migrating to the mining of ethereum classic.
And on the ETHW mining you mentioned, I believe it is worth given a trial. Nobody knew ethereum would be worth what it is today within the short period of time it has been in existence. ETHW could also be worthy of given a trial.
And on the ETHW mining you mentioned, I believe it is worth given a trial. Nobody knew ethereum would be worth what it is today within the short period of time it has been in existence. ETHW could also be worthy of given a trial.
It's crazy that some people in my country keep purchasing GPUs due to the price decline. I don't even understand because in the city I am living, I am paying around $0.25 per kilowatt which is so expensive for mining. Some people in my country are expecting a new coin profitable to mine. RVN and ETC aren't that profitable compared to ETH. Lately, I am hearing about this coin called Kaspa which is fast and is on the rise although I haven't checked it yet. I just think the electricity rate in the place I am in is not good for mining.
They may be being motivated by the past stories of the people because back then they were just randomly mining Meme coins like Doge and they hit the jackpot. That's possible but the risk of not getting back your capital is pretty high. With the high inflation right in some parts of the world, people are more into taking risks than doing nothing with their money because they have a chance to change the course of their life and they taking advantage of the opportunity to get out of poverty. One of the ways is mining those new coins which might become expensive in the future.
The higher the risk, the higher the reward but the chance of losing is even higher, especially if they would choose to mine unestablished coins over Bitcoin. People nowadays seek hope in crypto mining than storing their funds without profiting. We're in the midst of a crisis and as much as possible, people prefer looking for better ways to earn despite the risks that they will be taking.
that's why Ethereum is really making things that can change the world, namely changing PoW to PoS,
I even wonder if Bitcoin can also change the algorithm from PoW to PoS? Of course it will be more interesting if Bitcoin changes to PoS
Do you know what is POW and what is POS? Do you know what is the difference between bitcoin and altcoin? Are you a fan of Greenpeace? If you are a true bitcoin lover then I think you will never think so, if bitcoin moves to POS then in my opinion that is the end of bitcoin, the only decentralized currency we have. POS is not as good as you think, it is a centralized network where you will be dominated and controlled by the big players in the market. The upgrade to the POS of ETH is still a question of whether it is really good for ETH or not?
It's crazy that some people in my country keep purchasing GPUs due to the price decline. I don't even understand because in the city I am living, I am paying around $0.25 per kilowatt which is so expensive for mining. Some people in my country are expecting a new coin profitable to mine. RVN and ETC aren't that profitable compared to ETH. Lately, I am hearing about this coin called Kaspa which is fast and is on the rise although I haven't checked it yet. I just think the electricity rate in the place I am in is not good for mining.
They may be being motivated by the past stories of the people because back then they were just randomly mining Meme coins like Doge and they hit the jackpot. That's possible but the risk of not getting back your capital is pretty high. With the high inflation right in some parts of the world, people are more into taking risks than doing nothing with their money because they have a chance to change the course of their life and they taking advantage of the opportunity to get out of poverty. One of the ways is mining those new coins which might become expensive in the future.
The higher the risk, the higher the reward but the chance of losing is even higher, especially if they would choose to mine unestablished coins over Bitcoin. People nowadays seek hope in crypto mining than storing their funds without profiting. We're in the midst of a crisis and as much as possible, people prefer looking for better ways to earn despite the risks that they will be taking.
that's why Ethereum is really making things that can change the world, namely changing PoW to PoS,
I even wonder if Bitcoin can also change the algorithm from PoW to PoS? Of course it will be more interesting if Bitcoin changes to PoS
The easiest way to tell if ETH will be profitable in the future is to look at its current price and calculate the return on investment (ROI) of mining it.
If you see that ROI >100% then ETH will probably be one of the top altcoins to mine for quite some time. You can also see how much ETH is mined per day by looking at "gas used" or "gas paid".
If ETH has very little ETH in circulation and is hard to make money on, then it's not worth mining. Likewise if there is a lot of ETH in circulation, then it may be profitable to mine.
If you see that ROI >100% then ETH will probably be one of the top altcoins to mine for quite some time. You can also see how much ETH is mined per day by looking at "gas used" or "gas paid".
If ETH has very little ETH in circulation and is hard to make money on, then it's not worth mining. Likewise if there is a lot of ETH in circulation, then it may be profitable to mine.
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
ETH mining profitability depends on the mining hardware you choose to use, your energy costs, the prevailing hashrate and market conditions at the time of your investment. To find out whether ETH mining is currently profitable, we just need to plug in some numbers. Your electricity cost will depend on how much money per kW/h you pay for your power. You can enter your energy price into a kWh calculator and it will estimate how many dollars you are paying per kWh.
If we live in a country where electricity costs are cheap, mining cryptocurrencies can be a very promising way of making money. Especially if
we mine BTC or ETH where the price tends to continue to rise, then we can make big profits from mining. The problem is that in my country
the cost of electricity is expensive, and also my problem is the maintenance of mining hardware which costs quite a lot. That's why my intention
to try mining crypto always never materialized, because according to my calculations the possible expenses that I will spend are greater than
the profit I will get. It means mining crypto is not for me, then from that I'd better choose investing in tops coins and holding for the long term.
Which in my opinion is much more profitable than mining crypto.
It's crazy that some people in my country keep purchasing GPUs due to the price decline. I don't even understand because in the city I am living, I am paying around $0.25 per kilowatt which is so expensive for mining. Some people in my country are expecting a new coin profitable to mine. RVN and ETC aren't that profitable compared to ETH. Lately, I am hearing about this coin called Kaspa which is fast and is on the rise although I haven't checked it yet. I just think the electricity rate in the place I am in is not good for mining.
They may be being motivated by the past stories of the people because back then they were just randomly mining Meme coins like Doge and they hit the jackpot. That's possible but the risk of not getting back your capital is pretty high. With the high inflation right in some parts of the world, people are more into taking risks than doing nothing with their money because they have a chance to change the course of their life and they taking advantage of the opportunity to get out of poverty. One of the ways is mining those new coins which might become expensive in the future.
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
ETH mining profitability depends on the mining hardware you choose to use, your energy costs, the prevailing hashrate and market conditions at the time of your investment. To find out whether ETH mining is currently profitable, we just need to plug in some numbers. Your electricity cost will depend on how much money per kW/h you pay for your power. You can enter your energy price into a kWh calculator and it will estimate how many dollars you are paying per kWh.
Hi folks,
After the successful (apparently eth merge), me and many others as eth miners, should ask ourselves not only which is the most profitable coin right now but which one will still be lucrative in the future... that means it should be a very solid coin and project
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
mining bitcoin is the best solution right now. and if you want to hold ethw it's better to buy little by little from the results of mining bitcoin. because we also will never know which coins will provide huge profits for the next 1-4 years.After the successful (apparently eth merge), me and many others as eth miners, should ask ourselves not only which is the most profitable coin right now but which one will still be lucrative in the future... that means it should be a very solid coin and project
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
although the current market price is very bad but trying to mine bitcoin is not a loss because you can calculate all of the electricity costs and the results you get from mining BTC. but you may have to spend a little more money to upgrade your computer to mine BTC with slightly higher ram
After the ethereum merge dogecoin have took the second position as the largest cryptocurrency to operate on the proof of work consensus. This makes dogecoin to be one among the leading cryptocurrency for investment amidst it's role as a memecoin. Dogecoin too an old coin to survive in the market and that makes a good choice for the miners. For sure this will bring good profit, but not a big one at the shortest.
Aside from RVN, most of the POW coins benefited after the consolidation ended. However, RVN and ETC remained the most prominent ones among the POW coins. Unexpectedly, when ETHW dropped sharply after being listed by exchanges, it seems that many miners are not interested in this coin and people also dump it to make a profit. The future of ETHW is not very optimistic. Personally, I would bet on ETC, I believe this is a good time to mine ETC as well as hold ETC.
Judging from the price, it seems like $ETHW has no future than $ETC, but if we refer to the market capitalization, I think that the low price of $ETHW like now is a very good opportunity to make big profits in the future. Moreover, $ETHW is already listed on major exchanges such as FTX, Huobi, Kraken and others.
Whatever you mine after The Merge on Ethereum, I hope you find the right coin for your long-term investment needs.
I have sold majority of my graphic cards when the merge was announced, I knew its going to get bloody because Ethereum was the only profitable coin at the time and others aren't as profitable, now that ETh is no more mineable other small coins will be flooded with hashrate so no profit will be available for anyone.
You have been lied to OP, there is no GPU coin that's profitable right now, the terms profitable is either you earning good dollar rate per 24 hours or the dollar rate is down but you are getting more coins every 24hours due to low mining difficulty, right now this is not the case, all my GPUS earned me 1,000,000 shiba inu every 24hours and now it's just 100,000 shib every 24hours, difficulty is insanely high on coins that are not profitable.
I'm sure its not profitable with current price equals 23$ - https://coinmarketcap.com/currencies/ethereum-pow
Its 1.5% of ETH price so 98.5% of old ETH miners will have to quit to make it profitable. I'm sure its not that low today. I'm sure that there are more than 1.5% of miners that left their machines running after merge.
After ETH merge there is no good POW gpU minable coins that "will still be lucrative in the future", pick the best short term apy and dump as soon as you mined it. But I gess POW mining will enter a long term winter as 95% all GPU miners are without job now looking for alternatives.
https://whattomine.com/
Its 1.5% of ETH price so 98.5% of old ETH miners will have to quit to make it profitable. I'm sure its not that low today. I'm sure that there are more than 1.5% of miners that left their machines running after merge.
After ETH merge there is no good POW gpU minable coins that "will still be lucrative in the future", pick the best short term apy and dump as soon as you mined it. But I gess POW mining will enter a long term winter as 95% all GPU miners are without job now looking for alternatives.
https://whattomine.com/
to be honest ethpow its look like with eth classic nothing special
and yes the price most likely will down because its 1:1 for ethhodler and people get for free why not selling it and then the market right now is bearish so it got getting worsei mean if i were you try to check whattomine first if impossible to mine try mine using ASIC or just sale your GPU right now before the price getting plumet after eth merge success and upcoming GPU is very near
Hi folks,
After the successful (apparently eth merge), me and many others as eth miners, should ask ourselves not only which is the most profitable coin right now but which one will still be lucrative in the future... that means it should be a very solid coin and project
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
How about this list https://miningpoolstats.stream/After the successful (apparently eth merge), me and many others as eth miners, should ask ourselves not only which is the most profitable coin right now but which one will still be lucrative in the future... that means it should be a very solid coin and project
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
There you can see the Hashrate increase of the mineable coins, recently I saw the hashrate increase on the Ergo network. Ergo is not listed on major exchanges, on the contrary with Kadena, the founder of Kadena is JPMorgan, I believe these two coins will be the choice of many miners in the future.
Concerning raven he had a fever surge a few days, today he lost as has most coins huge value... Regarding ETHPOW for 3 days it suffers a fall that has divided the price by 8... I am a miner currently I mine Kas but in reduced staff 80% of my GPUs are off and I think for a long time... The crypto winter is more and more visible and I am sure that in the long run nothing really profitable will arrive on the GPUPOW market... On the other hand, being a miner is also a passion and money has nothing in there...By the way I 'm paying Electricity fee 0.174kWh
After the change of Ethereum network infrastructure from Proof-of-Work (PoW) to Proof-of-Stake (PoS) which we call "The Merge", the miners move to mine Ravencoin (RVN), I don't know what's special there and why the miners mine the coin (probably because of its low difficulty).
One thing for sure is that Ravencoin (RVN) has gone up in price because of The Merge. Even one of the well-known crypto media reported about the increase in the price of Ravencoin along with FTX supporting futures on Ravencoin at FTX. You can read the news here.
One thing for sure is that Ravencoin (RVN) has gone up in price because of The Merge. Even one of the well-known crypto media reported about the increase in the price of Ravencoin along with FTX supporting futures on Ravencoin at FTX. You can read the news here.
So I think we all got the answer that Ravencoin is a good PoW coin to mine right now.
Aside from RVN, most of the POW coins benefited after the consolidation ended. However, RVN and ETC remained the most prominent ones among the POW coins. Unexpectedly, when ETHW dropped sharply after being listed by exchanges, it seems that many miners are not interested in this coin and people also dump it to make a profit. The future of ETHW is not very optimistic. Personally, I would bet on ETC, I believe this is a good time to mine ETC as well as hold ETC.
Hi folks,
After the successful (apparently eth merge), me and many others as eth miners, should ask ourselves not only which is the most profitable coin right now but which one will still be lucrative in the future... that means it should be a very solid coin and project
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
After the successful (apparently eth merge), me and many others as eth miners, should ask ourselves not only which is the most profitable coin right now but which one will still be lucrative in the future... that means it should be a very solid coin and project
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
I think for now it is better to mine according to the specifications of the mining equipment you have. for now it seems that many people are no longer sure about mining crypto, most of what I have seen have created their own crypto instead of mining. but if you are still sure that mining is also not your fault, but you need to pay attention to the specifications of the equipment you have
Ravencoin is what I'm seeing that's being chosen to be mined by those post-ETH merge miners. Another one that they can choose is Dogecoin or etc if they want to.
But as much as of their concern right now, it's not really profitable to mine any coin right now and you're just wasting your resources if you do it now.
Although it's not going to be the same forever, there will be a time that another coin will be perfectly mined by them but they have to wait on what is this coin that shall be prevailed.
But as much as of their concern right now, it's not really profitable to mine any coin right now and you're just wasting your resources if you do it now.
Although it's not going to be the same forever, there will be a time that another coin will be perfectly mined by them but they have to wait on what is this coin that shall be prevailed.
It's crazy that some people in my country keep purchasing GPUs due to the price decline. I don't even understand because in the city I am living, I am paying around $0.25 per kilowatt which is so expensive for mining. Some people in my country are expecting a new coin profitable to mine. RVN and ETC aren't that profitable compared to ETH. Lately, I am hearing about this coin called Kaspa which is fast and is on the rise although I haven't checked it yet. I just think the electricity rate in the place I am in is not good for mining.
Unfortunately, those people imagine that if the GPU market spreads out to many different coins, instead of being stuck at ETH, that will make them even more profit. So far almost everyone aside from a few TH went to ETH and not all coins could absorb such a huge power, and that means we will see the GPU miners start mining stuff that are all over the place, all the top 100 coins that are proof of work will get some higher mining hashrate thrown their way and people will see what sticks.As we all know that will not make it more valuable, in fact there would be more people who wants to sell it, but the fact that it spreads out that way makes people imagine it would be profitable.
Currently I am diverting all the hash power towards ravencoin. Most of the time I mined RVN coin for its stable growth and Greta future ahead. RVN has limited supply, though it’s still far away by 2025 it’s projected to be $0.25 worth and by couple of years later it’s projected to be $1 easily. I am honestly suggesting everyone to switch to this coin. The number one reason is it’s algorithm, easy and works on most of the 4 GB GPU smoothly. If yoh have 8gbs right now then that would add huge hash power towards it giving you more coins. Since with the drop in current market, RVN is also dipping at its bottom. I see it as opportunity to mine and gain in the future if you are willing to hodl.
Hi folks,
After the successful (apparently eth merge), me and many others as eth miners, should ask ourselves not only which is the most profitable coin right now but which one will still be lucrative in the future... that means it should be a very solid coin and project
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
The fact that Ethereum has successfully merged and is now the largest blockchain and network in its class. It will take time for Ethereum to demonstrate its prowess by providing a more appropriate value on par with Bitcoin. The time is when, it doesn't feel like it will be long…. After the successful (apparently eth merge), me and many others as eth miners, should ask ourselves not only which is the most profitable coin right now but which one will still be lucrative in the future... that means it should be a very solid coin and project
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
I think that mining is a great opportunity to acquire a promising coin and earn a profit. It remains only to choose this promising coin. For myself personally, I would mine the Ethereum coin, since this coin is very interesting to me and you can achieve great success with this coin. The most important thing in mining, I believe that there is cheap electricity and mining covers all costs and makes a profit.
https://www.globenewswire.com/news-release/2022/09/16/2517691/0/en/Grayscale-Investments-Declares-Distribution-of-Rights-to-Ethereum-Proof-of-Work-Tokens.html?
"Grayscale Investments® Declares Distribution of Rights to Ethereum Proof of Work Tokens
The firm establishes record date for Grayscale Ethereum Trust and Grayscale Digital Large Cap Fund following Ethereum fork
September 16, 2022 09:15 ET | Source: Grayscale Investments"
What price will an ethereum fork have if this whale sells his coins?
"Grayscale Investments® Declares Distribution of Rights to Ethereum Proof of Work Tokens
The firm establishes record date for Grayscale Ethereum Trust and Grayscale Digital Large Cap Fund following Ethereum fork
September 16, 2022 09:15 ET | Source: Grayscale Investments"
What price will an ethereum fork have if this whale sells his coins?
After the change of Ethereum network infrastructure from Proof-of-Work (PoW) to Proof-of-Stake (PoS) which we call "The Merge", the miners move to mine Ravencoin (RVN), I don't know what's special there and why the miners mine the coin (probably because of its low difficulty).
One thing for sure is that Ravencoin (RVN) has gone up in price because of The Merge. Even one of the well-known crypto media reported about the increase in the price of Ravencoin along with FTX supporting futures on Ravencoin at FTX. You can read the news here.
One thing for sure is that Ravencoin (RVN) has gone up in price because of The Merge. Even one of the well-known crypto media reported about the increase in the price of Ravencoin along with FTX supporting futures on Ravencoin at FTX. You can read the news here.
So I think we all got the answer that Ravencoin is a good PoW coin to mine right now.
Bitcoin is still the safest coin to mine, but if you want a great profit, you might need to dig deeper to the smaller marketcap coin, something like zCash or Ravencoin, I think those will give you more profit if the price is going up, since not so many people mining it so you can still get more percentage of the coins, compared to BTC, and you don't need expensive equipment to mine it too. All that being said I prefer the middle-ground something like Monero.
It's crazy that some people in my country keep purchasing GPUs due to the price decline. I don't even understand because in the city I am living, I am paying around $0.25 per kilowatt which is so expensive for mining. Some people in my country are expecting a new coin profitable to mine. RVN and ETC aren't that profitable compared to ETH. Lately, I am hearing about this coin called Kaspa which is fast and is on the rise although I haven't checked it yet. I just think the electricity rate in the place I am in is not good for mining.
Currently, I am not mining for any coins. I even started selling the graphics cards I had. I can say I've done enough damage. Bitcoin caught me at a very bad time. I can say that I will never do mining again.
Mining is not as simple as buying and holding. In difficult times like during this bear season all mining costs remain the same, even more you have to spend due to the ongoing energy crisis, while the bitcoin price has dropped more than 70%. This will make it difficult for miners, especially small miners, you will have to spend more money to compensate for the drop in the price of bitcoin. If you are not a person with a large amount of capital then mining will be harmful, not beneficial, it will be very difficult to make a profit as we imagine.
To be honest ETHW was a scam coin for me. It has no purpose at all. Why don't you stick into the ETC and RVN? it's so stupid mining the garbage coin like ETHW. You have ETC in the market with big marketcap and more stability as some miners were also investing in ETC as well.
i think that you shall not try to mine ethereumw and then just straight go to the ETC. Have you ever consider this before? i think that's not too late for you to mine it if you have not yet tried it.
i think that you shall not try to mine ethereumw and then just straight go to the ETC. Have you ever consider this before? i think that's not too late for you to mine it if you have not yet tried it.
Ethereum Classic is the coin you should choose.
At the moment, it is not too profitable to mine ETC but the game of mining is, when others are fearful, it is your chance to join and mine a lot of coin. When others are greed, it is another chance for you to take profit with coins you mined and received from mining in the past.
At the moment, it is not too profitable to mine ETC but the game of mining is, when others are fearful, it is your chance to join and mine a lot of coin. When others are greed, it is another chance for you to take profit with coins you mined and received from mining in the past.
Hi folks,
-snip-
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
After the successful transition of the ETH network to PoS, now miners are forced to look for other alternative projects to mine in order to stay profitable, recently the ETC Hasrate has increased significantly, maybe because miners have temporarily started mining with ETC coins while waiting for other projects that can more profitable in mines. -snip-
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
For more information about miners, you can check this link: https://2miners.com/
The fact that Eth has now switched to POS is unavoidable, the existing mining equipment must be a burden and it is a shame if it is not used. So instead of not working, you can't help but mine any coins that can still be mined that match the specifications of your mining equipment
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Well, though I am not a miner, I really talk to some miners. Actually, I thought I could get a graphics card from TM for a cheap price. But they made me wrong. Everyone is preparing for their next coin. So I asked them which coin they were going to mine. Most are unsure, but they have some options, and the common projects between them are ETC and Raven. I have no idea, but what they told me just matches the information. Though I am not a miner, I hope you might get a little bit of an idea about what's next. Thank you.
Currently, I am not mining for any coins. I even started selling the graphics cards I had. I can say I've done enough damage. Bitcoin caught me at a very bad time. I can say that I will never do mining again.
I’m sorry about you losses, did you try to mine new coins that are easy to do on their beginning that can be so profitable when the price goes up. If you sell your cards now you won’t get even your capital knowing they are used for mining so i suggest you to keep them until you rind a better chance 
It is a bear market trend, so I think buying directly on the market is the most beneficial. Mining it raw is good, yes but buying them will solve us maintenance expenses and other stuff. Besides if we buy, it is a guaranteed coins/token while if we mine, we need time, pool mining might be helpful but at the current price it points that Buying is way better.
Considering ETH, I think pointing your hashes to ETC is a good move.
It do all matters with calculation but if you dont bother yourself with mining expenses like electricity cost and other maintenance or related to set up then go ahead and mind.Considering ETH, I think pointing your hashes to ETC is a good move.
But if you dont like all the hassles then its better to buy directly with the coin and its true that since the market is on bearish trend now then it wouldnt really be that too expensive on acquiring those.
Sometimes, mining isnt all about making profits or money but also it do pertains on someones interest and dedication on how to learn up on doing mining or simply saying this isnt always on money talks.
Mining a particular coin will really be depending on you but in most cases they would be sticking into those most common top ranking coins including Bitcoin of course.
I still think the Ethereum genealogy isn't entirely gone from mining. You still got Ethereum Classic to mine. So point your miner workers to their mining pools and get a-hashing now. I think the difficulty would be low after its initial pump and subsequent correction. Another option is Litecoin. It still has some use cases especially after its partnership with Atari and of course it has a burgeoning community
It is a bear market trend, so I think buying directly on the market is the most beneficial. Mining it raw is good, yes but buying them will solve us maintenance expenses and other stuff. Besides if we buy, it is a guaranteed coins/token while if we mine, we need time, pool mining might be helpful but at the current price it points that Buying is way better.
Considering ETH, I think pointing your hashes to ETC is a good move.
Considering ETH, I think pointing your hashes to ETC is a good move.
If the electricity cost in your place is cheap then I guess that mining Bitcoin is win-win since the money that will cost you for electricity is very low then you will earn for sure unless you have solar panels in your home which will decrease or you don't have to pay your electricity bill. ...
The problem is that it is impossible to mine bitcoin on the equipment that was used for mining ETH. ETH miners are now faced with a dilemma, either to stop mining, or to reconfigure it to mine another, less profitable coin. It seems that the ETHW price will not satisfy the miners requests.
Hi folks,
After the successful (apparently eth merge), me and many others as eth miners, should ask ourselves not only which is the most profitable coin right now but which one will still be lucrative in the future... that means it should be a very solid coin and project
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
It's still fairly new and you guys have to wait maybe a couple of days or even a week or two before you see another profitable coin comes out. For now, you're all in a waiting game until a coin comes up and shows that it's profitable to all of you.After the successful (apparently eth merge), me and many others as eth miners, should ask ourselves not only which is the most profitable coin right now but which one will still be lucrative in the future... that means it should be a very solid coin and project
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
so this time won't shut off my rigs even if I lose money for a while, 1-2 years is my estimation timeframe for starting the party again, thanks to btc halving so "mining" btc has more sense now than ever before hehe
As long as you have a source to pay for the electricity for you to keep holding what you're gonna mine, that's better. 
I know a some people jumped to cryptos like ravencoin and ccx, granted they're both shitcoins and i don't know how profitable they are not right now so i reckon it's not a good idea to mine both for the long-term, but at least those people didn't have to turn their entire rigs off. But I think you're better off sticking to nicehash for the time being.
Currently, I am not mining for any coins. I even started selling the graphics cards I had. I can say I've done enough damage. Bitcoin caught me at a very bad time. I can say that I will never do mining again.
bet for btc is always a win-win situation
But you can't mine bitcoin efficiently with hardwere you have left from ETH mining. You need a decent atminer (most recent one) and cheap electricity. In my country even the best hardwere is not profitable in bitcoin mining. Break even point for BITMAIN AntMiner S19 XP is 0.16$/kWh at current BTC price (not including equipment depreciation). Its much more in most countries.
not quite cheap, but years ago I "suffered" same situation, eth dumped to 200 usd and was not profitable but if I would have not stopped mining, the money I could have won is awesome, even without selling near the top...
so this time won't shut off my rigs even if I lose money for a while, 1-2 years is my estimation timeframe for starting the party again, thanks to btc halving so "mining" btc has more sense now than ever before hehe
so this time won't shut off my rigs even if I lose money for a while, 1-2 years is my estimation timeframe for starting the party again, thanks to btc halving so "mining" btc has more sense now than ever before hehe
thanks for your reply, I guess will stick with nicehash and let the program to decide each moment what to mine 
bet for btc is always a win-win situation
If the electricity cost in your place is cheap then I guess that mining Bitcoin is win-win since the money that will cost you for electricity is very low then you will earn for sure unless you have solar panels in your home which will decrease or you don't have to pay your electricity bill. I would do what Tytanowy Janusz suggested when you mine crypto as I noticed this month, crypto price is decreasing but I think it will increase again later. bet for btc is always a win-win situation
thanks for your reply, I guess will stick with nicehash and let the program to decide each moment what to mine
bet for btc is always a win-win situation
bet for btc is always a win-win situation
I'm sure its not profitable with current price equals 23$ - https://coinmarketcap.com/currencies/ethereum-pow
Its 1.5% of ETH price so 98.5% of old ETH miners will have to quit to make it profitable. I'm sure its not that low today. I'm sure that there are more than 1.5% of miners that left their machines running after merge.
After ETH merge there is no good POW gpU minable coins that "will still be lucrative in the future", pick the best short term apy and dump as soon as you mined it. But I gess POW mining will enter a long term winter as 95% all GPU miners are without job now looking for alternatives.
https://whattomine.com/
Its 1.5% of ETH price so 98.5% of old ETH miners will have to quit to make it profitable. I'm sure its not that low today. I'm sure that there are more than 1.5% of miners that left their machines running after merge.
After ETH merge there is no good POW gpU minable coins that "will still be lucrative in the future", pick the best short term apy and dump as soon as you mined it. But I gess POW mining will enter a long term winter as 95% all GPU miners are without job now looking for alternatives.
https://whattomine.com/
Hi folks,
After the successful (apparently eth merge), me and many others as eth miners, should ask ourselves not only which is the most profitable coin right now but which one will still be lucrative in the future... that means it should be a very solid coin and project
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
After the successful (apparently eth merge), me and many others as eth miners, should ask ourselves not only which is the most profitable coin right now but which one will still be lucrative in the future... that means it should be a very solid coin and project
Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?
Any help and advice would be appreciated, thanks in advance
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