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Title: Eth mining now profitable Post by: udayantha11 on October 27, 2017, 05:34:01 AM I have used computer but now not using for long. Thinking of it it used to mine some coins. But in our country electricity expense is very high.
I would like to mine etherieum and litecoin Is it worthy or any other suggestions? Title: Re: Eth mining now profitable Post by: tcheip on October 27, 2017, 05:44:21 AM ETH mining ROI is getting longer and longer. ETH is going to pass to PoS (actually PoW).
Even if you have a very efficient grafic card you'll probably not make much money... Title: Re: Eth mining now profitable Post by: udayantha11 on October 27, 2017, 05:45:31 AM Yes it seems not useful
Title: Re: Eth mining now profitable Post by: russianjohhny on October 27, 2017, 05:47:13 AM I have used computer but now not using for long. Thinking of it it used to mine some coins. But in our country electricity expense is very high. Useless occupation, especially at home. The prices for a graphics card are expensive, electricity too, so there will be a constant struggle with the loss. Not profitable is all.I would like to mine etherieum and litecoin Is it worthy or any other suggestions? Title: Re: Eth mining now profitable Post by: ImHash on October 27, 2017, 05:58:15 AM If you already know that it's not profitable then why would you ask it? You posted in wrong forum, No worries I reported you, Even if you don't move this to altcoin forum the mods will. Bottom left side of the page is the button to move it.
With cheap electricity mining any coin is profitable. In China they even built solar panels on water, I wish we could go to space near sun to mine for free forever :D Title: Re: Eth mining now profitable Post by: Bulletdodger on October 27, 2017, 06:07:30 AM There should be a sticky topic for all noobs here asking "what to mine",
if you only paste those words in google - the first result it the same-named useful website which might help you. :) Title: Re: Eth mining now profitable Post by: xxcsu on October 27, 2017, 06:18:17 AM There is my sticky topic for a questions like that :) :
READ HERE (https://bitcointalk.org/index.php?topic=2208927.msg22248565#msg22248565) Just in case if its difficult to click on it , Im going paste/copy for you for easy reading ;) 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 YES some of us got lucky , made some money with mining YES some of us got unlucky , lost some money , bc when price started to fall , sold the coins , miners Title: Re: Eth mining now profitable Post by: szafa on October 27, 2017, 06:40:24 AM I am not mining etherum i cant tell you is etherum is profitable.
Title: Re: Eth mining now profitable Post by: xxcsu on October 27, 2017, 06:41:42 AM I am not mining etherum i cant tell you is etherum is profitable. ;DThen why you posting in this topic ? ;D Title: Re: Eth mining now profitable Post by: huynhdat1989 on October 27, 2017, 06:53:09 AM Haha, you will never got your money back when mining Ethereum at home :))
Title: Re: Eth mining now profitable Post by: ivakar on October 27, 2017, 06:59:08 AM I am not mining etherum i cant tell you is etherum is profitable. ;DThen why you posting in this topic ? ;D maybe he is missing something, and posting here hopes to know something new which would lead to increasing profits up to 50% but even someone knows how to do it, why this person will share this info???? ;D ;D ;D Title: Re: Eth mining now profitable Post by: blevotron on October 27, 2017, 07:06:31 AM Why everyone here say that it's not profitable? It;s awesome, i am mining for a year right now, and it's cool. Don't need any other hot source to make my flat warm and coooooozy ::)
Title: Re: Eth mining now profitable Post by: xxcsu on October 27, 2017, 07:09:12 AM Haha, you will never got your money back when mining Ethereum at home :)) I will c You are right ... yes you will see , because Ethereum soon going to be Proof-of-Stake (https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ) :) Title: Re: Eth mining now profitable Post by: xxcsu on October 27, 2017, 07:12:19 AM Why everyone here say that it's not profitable? It;s awesome, i am mining for a year right now, and it's cool. Don't need any other hot source to make my flat warm and coooooozy ::) If you are built your miners a year ago , then yes its profitable for you just like for many another miners :) Those who building they rigs today , probably not going to be profitable at least for a year or more ... , but by then there is a very good chance ETH going to be Proof-of-Stake ! Title: Re: Eth mining now profitable Post by: Golftech on October 27, 2017, 07:21:31 AM Haha, you will never got your money back when mining Ethereum at home :)) I will c You are right ... yes you will see , because Ethereum soon going to be Proof-of-Stake (https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ) :) Title: Re: Eth mining now profitable Post by: jamesdavidso2 on October 27, 2017, 07:35:20 AM All single unit miners are losing their time. Better buy ETH and enjoy profits long time.
Title: Re: Eth mining now profitable Post by: shinharu10282016 on October 27, 2017, 08:01:26 AM Mining does not do much unless you have not just one mining rigs.
But the returns on mining is a mess. I suggest you invest some money on some profitable ICO, whether under the ETH or a new platform. Title: Re: Eth mining now profitable Post by: udayantha11 on October 27, 2017, 08:59:24 AM Mining does not do much unless you have not just one mining rigs. But the returns on mining is a mess. I suggest you invest some money on some profitable ICO, whether under the ETH or a new platform. yes you correct, seems mining is not viable. i already invested ICo . i am expecting the results ICO. Title: Re: Eth mining now profitable Post by: Cereberus on October 27, 2017, 09:02:14 AM You need to think out of the box and be very clear what you expect from the price of Ethereum or Bitcoin if you are going to convert it. In my case I am using as if I am going to convert it. I would still mine if I had the chance too even at a small loss rather than buying directly the bitcoin and paying a big premium over its actual price. If you are like me and believe in the power of the long run and price of bitcoin then it is better to mine at home even with a small loss. In the long term you will be happy you did, trust me.
Title: Re: Eth mining now profitable Post by: yemiforu on October 27, 2017, 11:19:32 AM It will very interesting to get involve in Eth mining but i will like to know the criteria required for me to start
Title: Re: Eth mining now profitable Post by: phase2 on October 27, 2017, 12:06:51 PM Just buy coins, you will have less heat.)
Title: Re: Eth mining now profitable Post by: Ambros on October 27, 2017, 12:59:27 PM If your hardware is paid yet for other reasons mining is (almost) always profitable.
Simply put your data (hashrate and power consumpion) in one of the popular tools (one between many whattomine) and you will immediately know how much you can get Title: Re: Eth mining now profitable Post by: udayantha11 on October 27, 2017, 02:21:28 PM Just buy coins, you will have less heat.) mYes its better to buy coins. Title: Re: Eth mining now profitable Post by: snowyNNN on October 27, 2017, 02:21:35 PM I was browsing through old bitcointalk posts and there was a similar post like this one.
There a fellow was asking pretty much the same thing albeit about bitcoin mining and questioning if it was worth it as he wwwas only getting half a bitcoin a day with a few gpus. If a question is strictly about mining ( Itīs better to buy coins straight from an exchange but if this option is not available for any reason) the answer until now has always been YES , mining is good. That the answer has been positive until of now of course can not be taken as an indication that the answer is positive now or at anytime in the future. My advice is to take mining as a fun hobby thatīll most probably have financial benefits aswell. Title: Re: Eth mining now profitable Post by: phase2 on October 27, 2017, 02:34:41 PM I was browsing through old bitcointalk posts and there was a similar post like this one. There a fellow was asking pretty much the same thing albeit about bitcoin mining and questioning if it was worth it as he wwwas only getting half a bitcoin a day with a few gpus. If a question is strictly about mining ( Itīs better to buy coins straight from an exchange but if this option is not available for any reason) the answer until now has always been YES , mining is good. That the answer has been positive until of now of course can not be taken as an indication that the answer is positive now or at anytime in the future. My advice is to take mining as a fun hobby thatīll most probably have financial benefits aswell. This. If you dont need to sell your mined coins to pay for your hardware, have knowledge to fix things when something goes wrong, just go for it. Title: Re: Eth mining now profitable Post by: Yutard on October 27, 2017, 03:00:28 PM Just buy coins, you will have less heat.) That is right. The ROI is too long. Title: Re: Eth mining now profitable Post by: fanatic26 on October 27, 2017, 04:50:28 PM The amount of misinformation in this single thread is staggering.
First off. ROI and profitability are not the same for any two people. It depends on your hardware, how much you paid for it, how much you are paying for electricity, when you convert your coins, and a whole host of other variables. Second. Ethereum isnt just flipping a switch and going proof of stake in a month. The people that use that as a reason to not mine ethereum are just dumb. It has not happened yet, and when it is actually implemented 90% of the network will remain PoW through the trial period. So there is no reason to stop mining until it is actually unprofitable. Title: Re: Eth mining now profitable Post by: Yutard on November 20, 2017, 08:17:23 AM Just buy coins, you will have less heat.) Not good for winter. |