Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: darkphantom934 on August 08, 2014, 04:16:39 AM



Title: Have any of you guys turned off your miners?
Post by: darkphantom934 on August 08, 2014, 04:16:39 AM
Being a miner myself, I just let my miners run for weeks on end and just make sure their hashrate is stable. I haven't actually checked profitability, because I thought it was going to stay relatively stable when it was ~0.004 / 4MH's X11. I recently checked profitability and it has PLUMMETED. I have NO idea why this is happening, but I'm starting to wonder how GPU mining is still profitable (including breaking even).

This brings the question: have any of you turned off your miners?


Title: Re: Have any of you guys turned off your miners?
Post by: onetwentyfive on August 08, 2014, 07:07:03 AM
Damn, there's a lot of these threads lately..

Short answer, you're right. Go mine XMR.


Title: Re: Have any of you guys turned off your miners?
Post by: atp1916 on August 08, 2014, 08:34:40 AM
GPU mining is not profitable unless you have (nearly) free rent/electricity.


Title: Re: Have any of you guys turned off your miners?
Post by: UberMakedonische on August 08, 2014, 12:07:09 PM
yes it's profitable if you know how to setup your mining rig, and what to mine


Title: Re: Have any of you guys turned off your miners?
Post by: SpeedDemon13 on August 08, 2014, 12:13:28 PM
Even with Nvidia GTX 750ti, mining is marginal still. With the 750ti, seems like XCN is the most profitable for it. XMR is on a down turn lately, but a lot of alts are too. AMD gpu's just plain are not profitable compared Feb 2014 and prior to that.