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Title: Ethereum Mining still valid Post by: whoareyou4 on June 06, 2017, 07:01:31 PM So, I'm seriously considering setting up several mining rigs and putting a good amount of money into them. I've used the calculators, know what I'm buying, know the expected hash rates and all that.
The question I have is, how long until the PoS issue makes it's way to putting ETH miners out of work so to speak? Is this something to even be concerned about? Title: Re: Ethereum Mining still valid Post by: Sequoia93 on June 06, 2017, 07:30:53 PM There are plenty of other profitable coins to mine once eth goes POS.
That does not mean there is still not risk involved. But currently I believe you are very likely to reach ROI before POS lands. Title: Re: Ethereum Mining still valid Post by: whoareyou4 on June 06, 2017, 07:38:38 PM There are plenty of other profitable coins to mine once eth goes POS. That does not mean there is still not risk involved. But currently I believe you are very likely to reach ROI before POS lands. After POS, assuming the hardware can still mine a coin, it can be re purposed, right? ROI should be met within about 2 months or so...Nobody knows when POS comes, but in 2016 people said it would already be here, then people said Nov 2017...so whats the consensus? Title: Re: Ethereum Mining still valid Post by: Etherion on June 06, 2017, 07:40:58 PM There are plenty of other profitable coins to mine once eth goes POS. That does not mean there is still not risk involved. But currently I believe you are very likely to reach ROI before POS lands. Although what you say it 99% true it is such a shocking contrast to last year this time. |