Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: alien166 on June 09, 2017, 03:44:51 AM



Title: How long can you mine?
Post by: alien166 on June 09, 2017, 03:44:51 AM
April 1, 6 RX480 rig mined 0.27 ETH per day ,
May 10, 6 RX480 rig mined 0.17 ETH per day ,
June 9,  6 RX480 rig mined 0.1 ETH per day ,
If the eth price remains unchanged, according to the current law, to November, the daily output of mining and electricity flat.
There will be no profit in mining.
What do you think?


Title: Re: How long can you mine?
Post by: bathrobehero on June 09, 2017, 04:57:17 AM
But price does not stay the same:

April 1, one Eth's value is ~$50 ($13.5 per day)
May 10, one Eth's value is ~$90 ($15.3 per day)
June 9, one Eth's value is ~$263  ($26.3 per day)


Title: Re: How long can you mine?
Post by: poby on June 09, 2017, 06:55:47 AM
Mining will remain profitable for as long as the prices keep rising.  If they stop rising then yeah, in a few months, no more profits (unless you have really cheap electricity)


Title: Re: How long can you mine?
Post by: Vaccinus on June 09, 2017, 07:59:58 AM
i think we may get another downtime where the profit will get lower and lower, and the hashrate is constantly rising, like in the last winter, it was really bad for mining back then,, but there will be always profti in mining, if you have very low electricity


Title: Re: How long can you mine?
Post by: alien166 on June 09, 2017, 08:01:55 AM
But price does not stay the same:

April 1, one Eth's value is ~$50 ($13.5 per day)
May 10, one Eth's value is ~$90 ($15.3 per day)
June 9, one Eth's value is ~$263  ($26.3 per day)
I hope so,but too risky.


Title: Re: How long can you mine?
Post by: alien166 on June 09, 2017, 08:26:11 AM
i think,keep the coin in the wallet,and wait.