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Title: Profitability Post by: Maldark on June 11, 2013, 10:40:07 AM Hi there
I was wondering whether or not I was actually making any profit, or if I even was making any in the first place so I bought a watt meter. Profitability table: https://i.imgur.com/Ej3VR2W.png (https://i.imgur.com/Ej3VR2W.png) as you can see I pay $0.27 / kWh, I hash about 1,2 mh/s and according to the watt meter i'm pulling 780 watt from the socket. Anyway, is there anything I've missed or is it simply not profitable for me to mine with my 2x 7950's? Kind regards Maldark Title: Re: Profitability Post by: Foxpup on June 11, 2013, 11:21:41 AM You haven't missed anything, except the boat on GPU mining, obviously. GPU mining just isn't profitable these days unless you have very cheap electricity.
Title: Re: Profitability Post by: J35st3r on June 11, 2013, 11:28:04 AM Hi there I was wondering whether or not I was actually making any profit, or if I even was making any in the first place so I bought a watt meter. Profitability table: https://i.imgur.com/Ej3VR2W.png as you can see I pay $0.27 / kWh, I hash about 1,2 mh/s and according to the watt meter i'm pulling 780 watt from the socket. Anyway, is there anything I've missed or is it simply not profitable for me to mine with my 2x 7950's? Kind regards Maldark No that looks fair. Of course its all sunk cost, so you could continue mining in the hope that the BTC->USD rate improves (or alternatively buying BTC on an exchange may be cheaper). I'm not sure I agree with the 0.61 profitability decline per year on that site. Wildly overptimistic. Have you tried http://www.coinish.com/calc/ ? Title: Re: Profitability Post by: mprep on June 11, 2013, 11:40:22 AM Yeah, GPU mining isn't a thing anymore. There's proffessional gear used already.
Title: Re: Profitability Post by: b!z on June 11, 2013, 11:47:21 AM You can mine altcoins for more potential profits.
Title: Re: Profitability Post by: rme on June 12, 2013, 06:11:49 PM Profitability cannot be calculed because difficulty can increase randomly.
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