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Author Topic: What dramatically changes the profit-mining ratio??  (Read 943 times)
AnnaC
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August 03, 2015, 01:57:13 AM
 #1

I look at https://www.whattomine.com every week or so to see what to point to for (ASIC, GPU).

One week, much is (very slightly) profitable.
Another, like now, everything is not profitable at all.

Sure, BTC was $290 now $279 - but that's not enough to make the difference.

How do all the margins move so dramatically - but together? What am I missing?

Thanks!
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August 04, 2015, 02:34:31 PM
 #2

You are missing the crash of Sharkcoin, which was a very profitable Quark coin.
Since then, its enormous hashpower has been redirected to other coins/algo, bringing all their profitabilities down.
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August 04, 2015, 03:30:23 PM
 #3

I look at https://www.whattomine.com every week or so to see what to point to for (ASIC, GPU).

One week, much is (very slightly) profitable.
Another, like now, everything is not profitable at all.

Sure, BTC was $290 now $279 - but that's not enough to make the difference.

How do all the margins move so dramatically - but together? What am I missing?

Thanks!

New miners (GPU and ASIC) also change it.

Code:
Donations: BTC: 1WoLFdwcfNEg64fTYsX1P25KUzzSjtEZC -- XMR: 45SLUTzk7UXYHmzJ7bFN6FPfzTusdUVAZjPRgmEDw7G3SeimWM2kCdnDQXwDBYGUWaBtZNgjYtEYA22aMQT4t8KfU3vHLHG
unsoindovo
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August 05, 2015, 07:47:29 AM
 #4

I look at https://www.whattomine.com every week or so to see what to point to for (ASIC, GPU).

One week, much is (very slightly) profitable.
Another, like now, everything is not profitable at all.

Sure, BTC was $290 now $279 - but that's not enough to make the difference.

How do all the margins move so dramatically - but together? What am I missing?

Thanks!

New miners (GPU and ASIC) also change it.

sure!!!
new scrypt and sha-256 asic miner, double hashrate, with the same power consumption, so, GPU mining is kikked off...
for example...
take a look to this
:
http://zoomhash.com/collections/asics/products/110mhs-scrypt-asic-plug-and-play-1000w-a2mega-door-to-door-within-3-5-business-days

110MHash scrypt, for just 1000w...
until some monts ago... unthinkable!!!!

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Wolf0
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August 05, 2015, 03:37:50 PM
 #5

I look at https://www.whattomine.com every week or so to see what to point to for (ASIC, GPU).

One week, much is (very slightly) profitable.
Another, like now, everything is not profitable at all.

Sure, BTC was $290 now $279 - but that's not enough to make the difference.

How do all the margins move so dramatically - but together? What am I missing?

Thanks!

New miners (GPU and ASIC) also change it.

sure!!!
new scrypt and sha-256 asic miner, double hashrate, with the same power consumption, so, GPU mining is kikked off...
for example...
take a look to this
:
http://zoomhash.com/collections/asics/products/110mhs-scrypt-asic-plug-and-play-1000w-a2mega-door-to-door-within-3-5-business-days

110MHash scrypt, for just 1000w...
until some monts ago... unthinkable!!!!

Or GPU miners with more speed - different effect, but it affects it all the same.

Code:
Donations: BTC: 1WoLFdwcfNEg64fTYsX1P25KUzzSjtEZC -- XMR: 45SLUTzk7UXYHmzJ7bFN6FPfzTusdUVAZjPRgmEDw7G3SeimWM2kCdnDQXwDBYGUWaBtZNgjYtEYA22aMQT4t8KfU3vHLHG
djm34
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August 05, 2015, 07:30:20 PM
 #6

fake buy volume... (it isn't always the fault of the miners  Grin)

djm34 facebook page
BTC: 1NENYmxwZGHsKFmyjTc5WferTn5VTFb7Ze
Pledge for neoscrypt ccminer to that address: 16UoC4DmTz2pvhFvcfTQrzkPTrXkWijzXw
AnnaC
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August 06, 2015, 12:17:21 AM
 #7

I look at https://www.whattomine.com every week or so to see what to point to for (ASIC, GPU).

One week, much is (very slightly) profitable.
Another, like now, everything is not profitable at all.

Sure, BTC was $290 now $279 - but that's not enough to make the difference.

How do all the margins move so dramatically - but together? What am I missing?

Thanks!

New miners (GPU and ASIC) also change it.

sure!!!
new scrypt and sha-256 asic miner, double hashrate, with the same power consumption, so, GPU mining is kikked off...
for example...
take a look to this
:
http://zoomhash.com/collections/asics/products/110mhs-scrypt-asic-plug-and-play-1000w-a2mega-door-to-door-within-3-5-business-days

110MHash scrypt, for just 1000w...
until some monts ago... unthinkable!!!!

but, that's $7/day at best... for $1,350 - that's 192 days at current rate to BREAK EVEN.

I have yet to find a miner one has to purchase that projects profit. Am I wrong?
hdmediaservices
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August 17, 2015, 06:55:43 AM
 #8


If you just point your miner at a multi-pool or just mine LTC then you won't make your money back.

But if you do your homework and mine certain coins at certain times and trade them right -- then you can do well.

CoinBreader
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August 17, 2015, 09:37:57 AM
 #9


If you just point your miner at a multi-pool or just mine LTC then you won't make your money back.

But if you do your homework and mine certain coins at certain times and trade them right -- then you can do well.



no way to survive in mining without an ASIC and free electricity !
plus the certain coins & certain times does not exist anymore, cause the big guys rent freaking amounts of hash, so if you are good with TA make your money from thin air, or else buy some BTC and store them just in case! Smiley
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