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Title: Is ethereum mining still worthwhile? Post by: std2008 on October 21, 2017, 09:46:56 AM Ethereum has succeeded behind Bitcoin 2 of the most successful cryptos. But after the latest update the question arises: Is the mine still worthwhile, or should interested buy the digital currency?
Title: Re: Is ethereum mining still worthwhile? Post by: ajqjjj on October 21, 2017, 10:12:38 AM Ethereum has succeeded behind Bitcoin 2 of the most successful cryptos. But after the latest update the question arises: Is the mine still worthwhile, or should interested buy the digital currency? Market place supply slightly down in the chart. In this time, you can surely invest your money to start mining ethereum coins. If you want mine coins you have to choose the perfect GPU cards or ASIC hardware miner. I will suggest you to go with the GPU rig since the cost consumption to buy a rig with the cards is lower than ASIC machines. Go to mine ethereum and monero coins to mine since have good future to marketplace supply and cost. Title: Re: Is ethereum mining still worthwhile? Post by: smoolae on October 21, 2017, 11:08:34 PM Ethereum has succeeded behind Bitcoin 2 of the most successful cryptos. But after the latest update the question arises: Is the mine still worthwhile, or should interested buy the digital currency? The question "Is mining still profitable/worthwhile?" basically comes down to ROI and the price of electricity. If You have cheap electricity, then yeah - I'd say mining ETH is a worthwhile and profitable thing to do! :) Btw: The Byzantium update even raised the profits a little bit ;) Title: Re: Is ethereum mining still worthwhile? Post by: nsummy on October 21, 2017, 11:31:00 PM But after the latest update the question arises: Is the mine still worthwhile, or should interested buy the digital currency? This questions arises every fucking day it seems like. Its like asking "Is X still profitable, or should I just buy stock in the company that does X." The answer: It depends. Based upon the network hashrate I think its obvious that its worthwhile for many people. As others have said in this thread and countless others, its depends on your hardware and electricity costs. Title: Re: Is ethereum mining still worthwhile? Post by: smoolae on October 21, 2017, 11:57:43 PM But after the latest update the question arises: Is the mine still worthwhile, or should interested buy the digital currency? This questions arises every fucking day it seems like. Its like asking "Is X still profitable, or should I just buy stock in the company that does X." The answer: It depends. Based upon the network hashrate I think its obvious that its worthwhile for many people. As others have said in this thread and countless others, its depends on your hardware and electricity costs. Title: Re: Is ethereum mining still worthwhile? Post by: xFGND on October 22, 2017, 12:14:36 AM Mining will be profitable if you have cheap electricity. Use mycryptobuddy, and calculate your ROI. Although note, this is that ethereum will stay the whole time.
Title: Re: Is ethereum mining still worthwhile? Post by: xxcsu on October 22, 2017, 08:47:08 AM Ethereum has succeeded behind Bitcoin 2 of the most successful cryptos. But after the latest update the question arises: Is the mine still worthwhile, or should interested buy the digital currency? I DONT UNDERSTAND WHY NEWBIES KEEP ASKING THE SAME QUESTION " ITS TO LATE TO START MINING , IT IS STILL PROFITABLE ?" No one can tell you ! Always going to be a 2 group of ppl who telling you it's ok go for it , or dont bc you just wasting ur money ! You have to make a decision for yourself ! Do your own research ! No one can tell you for sure what's going to happen with cryptocurrency ! No one can tell you it's going to be profitable for you or not ! No one can tell you how much profit you going to be able to make ! ( if you can make any at all ) No one can tell you the ROI ( return of investment) time ! None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later ! Those calculators telling you about today , at that moment when you typing in your information ! It's little bit of gambling , you must to decide you want to play on the lottery or not ;D Original Topic Here, Good Reading for You! ;) (https://bitcointalk.org/index.php?topic=2208927.msg22248565#msg22248565) Title: Re: Is ethereum mining still worthwhile? Post by: Sjeikz on October 22, 2017, 09:14:07 AM I would not recommend starting now unless you have cheap electricity or can find cheap secondhand rigs.
Title: Re: Is ethereum mining still worthwhile? Post by: std2008 on October 22, 2017, 05:54:28 PM thanks , i hope i can set my farm in some rural area
Title: Re: Is ethereum mining still worthwhile? Post by: alani123 on October 22, 2017, 05:56:04 PM If it's profitable then sure it is. Ethereum's fork plan has been announced and accepted by the community so far so I think that until the currency moves into a non-mining state it's worthwhile to point equipment towards it.
Title: Re: Is ethereum mining still worthwhile? Post by: Chan8 on October 22, 2017, 06:13:17 PM Yup like what everyone else is saying. Depending how much or cheap you can source your hardware for, and very important, your electricity cost is the deciding factor.
As for me i am still mining ethereum, i believe in eth still. Profit has gone up a bit for miners after the fork. Price per eth is just sht. |