Ethereum mining still profitable?

[tradewiz]

But the Dash's difficulty is still around 37xx. It has been there for very long time. I am not sure if that miner is real or not.

I agree with you. Rumours of X11 ASICs have been around for years. But the total mining market on X11 is quite small, and I am not sure it will justify a development of proper ASICs.

[fricircled]

But the Dash's difficulty is still around 37xx. It has been there for very long time. I am not sure if that miner is real or not.

I agree with you. Rumours of X11 ASICs have been around for years. But the total mining market on X11 is quite small, and I am not sure it will justify a development of proper ASICs.

When the Scrypt ASIC came out, litecoin coin was worth hundreds of millions. Now, the Dash and other X11 coins are worth less than $100 m.

[benjbarker]

Sorry for noobing up the thread.

I just got started with mining. I'm using nanopool.

http://nanopool.org/account/0x5824099a4f843df2d601113c4ac08b51cb3e1d78

It shows a payment having been made.

However, when I check my balance locally, I see

> eth.coinbase
"0x5824099a4f843df2d601113c4ac08b51cb3e1d78"
> eth.getBalance(eth.coinbase)
0
>

If I received a payment, why is my balance 0? Where did my payment go? Please help!

[benjbarker]

OK, I found the following:
https://etherchain.org/account/0x5824099a4f843df2d601113c4ac08b51cb3e1d78

It shows my account balance. Why does it show as 0 locally from geth attach? How the heck do I access my funds?

[benjbarker]

I figured it out myself, sorry for tarding up the board. Mods feel free to delete these last few posts.

[Auponef]

Ethereum mining is still profitable at the moment, but the difficult rises too fast. It might not be profitable soon.

[Kalder]

Ethereum mining is still profitable at the moment, but the difficult rises too fast. It might not be profitable soon.

If you buy the latest version of graphics card, you might not ROI, but if you buy the old 7970 card, you might ROI.

[Mastsetad]

Ethereum mining is still profitable at the moment, but the difficult rises too fast. It might not be profitable soon.

If you buy the latest version of graphics card, you might not ROI, but if you buy the old 7970 card, you might ROI.

7970 or 280x is much cheaper than the AMD fury xt or fury nano. But it is not much slower than the two models.

[malekbaba]

what about 7950 ? Is it worth mining with that card ?

[fricircled]

what about 7950 ? Is it worth mining with that card ?

7950 is about 10-15% slower than 7970. So if the price is 20% below the 7970, it is OK to buy and mine.

[Auponef]

what about 7950 ? Is it worth mining with that card ?

7950 is about 10-15% slower than 7970. So if the price is 20% below the 7970, it is OK to buy and mine.

It is still better to buy the 7970 if you can mine 6x7970 instead of 6x7950. The hash is higher, and the overhead for each card is lower.

[Zivdafast]

what about 7950 ? Is it worth mining with that card ?

7950 is also good. You need to use the Hynex memory card to work more efficiently. Or you need to use the modified memory timings.

[apriyoni]

what about 7950 ? Is it worth mining with that card ?

7950 is cheaper than 7970 or the 280. It is OK to mine with it. It is better than some more modern cards.

[Narosya]

Is it true that gpu with 2gb will be least efficient for mining eth ? What about R9 270x ? How much Mhashes does it produce? Please help me

270x can get you about 10 MH/s hash rate. It is quite decent because of the price of the graphics card.

[Lutzow]

Are there any reputable cloud mining for ETH already? But the increase in difficulty could take a hit once farms started to join in.

[Mastsetad]

Are there any reputable cloud mining for ETH already? But the increase in difficulty could take a hit once farms started to join in.

There is one cloud mining of Ethereum. But the price is $4400 /100 MH/s. You can find it is too expensive.

[aistto]

...
CUDA and OpenCL rates are basically equal between a GTX970-980 and Radeon 290, power draw on GTX makes it the winner.
...

My R9 290X tri-x is doing 31Mh/s for around 180W (gpu@1150, hynix memory). A R9 290 with hynix memory and identical clock will do about the same. With some undervolting and no oc, you should be around 28Mh/s with 140W.
http://www.mininghwcomparison.com/list/index.php?brand=amd

Nvidia is very good for others algo. I have mined spreadcoin with it but Ether is now amd territory (with the increased dag file, 750 ti is no longer as good as before).

I have asus 290x (GPU 1050,  MEM 1350 elpida, win8.1 cat 14.4, eth 0.9.41)  doing 24 MH
Why there is so difference between your 31 and mine 24 MH?  GPU clock, type of MEM? drivers?

[sanadas]

...
CUDA and OpenCL rates are basically equal between a GTX970-980 and Radeon 290, power draw on GTX makes it the winner.
...

My R9 290X tri-x is doing 31Mh/s for around 180W (gpu@1150, hynix memory). A R9 290 with hynix memory and identical clock will do about the same. With some undervolting and no oc, you should be around 28Mh/s with 140W.
http://www.mininghwcomparison.com/list/index.php?brand=amd

Nvidia is very good for others algo. I have mined spreadcoin with it but Ether is now amd territory (with the increased dag file, 750 ti is no longer as good as before).

I have asus 290x (GPU 1050,  MEM 1350 elpida, win8.1 cat 14.4, eth 0.9.41)  doing 24 MH
Why there is so difference between your 31 and mine 24 MH?  GPU clock, type of MEM? drivers?

Ethereum is a memory intensive algorithm. So the memory speed matters. Hynix is faster than Elpida.

[apriyoni]

...
CUDA and OpenCL rates are basically equal between a GTX970-980 and Radeon 290, power draw on GTX makes it the winner.
...

My R9 290X tri-x is doing 31Mh/s for around 180W (gpu@1150, hynix memory). A R9 290 with hynix memory and identical clock will do about the same. With some undervolting and no oc, you should be around 28Mh/s with 140W.
http://www.mininghwcomparison.com/list/index.php?brand=amd

Nvidia is very good for others algo. I have mined spreadcoin with it but Ether is now amd territory (with the increased dag file, 750 ti is no longer as good as before).

I have asus 290x (GPU 1050,  MEM 1350 elpida, win8.1 cat 14.4, eth 0.9.41)  doing 24 MH
Why there is so difference between your 31 and mine 24 MH?  GPU clock, type of MEM? drivers?

I think the figure of doing 31Mh/s for around 180W (gpu@1150, hynix memory) might not be true.

[bluebox]

...
CUDA and OpenCL rates are basically equal between a GTX970-980 and Radeon 290, power draw on GTX makes it the winner.
...

My R9 290X tri-x is doing 31Mh/s for around 180W (gpu@1150, hynix memory). A R9 290 with hynix memory and identical clock will do about the same. With some undervolting and no oc, you should be around 28Mh/s with 140W.
http://www.mininghwcomparison.com/list/index.php?brand=amd

Nvidia is very good for others algo. I have mined spreadcoin with it but Ether is now amd territory (with the increased dag file, 750 ti is no longer as good as before).

I have asus 290x (GPU 1050,  MEM 1350 elpida, win8.1 cat 14.4, eth 0.9.41)  doing 24 MH
Why there is so difference between your 31 and mine 24 MH?  GPU clock, type of MEM? drivers?

I think the figure of doing 31Mh/s for around 180W (gpu@1150, hynix memory) might not be true.

The dual 970's I have average 36+MH/s on 90W/card, stock clocks, generating ~1.2 ETH/day. Quite frankly, total system power should be the mark to judge by, mine takes 260W (gamer's i5 devil's canyon board).

By the numbers above:
R290X: 180W/31MH = 5.8W/MH (or 140/28 = 5W/MH undervolted, if correct, but what's the point?)
GTX970: 90/18 = 5W/MH stock clocks on factory super-clocked board

I'll say it again; watt-per-hash, the AMD and GTX cards are pretty much equal now thanks to dev's work on CUDA mining (Genoil!). Most GTX970's are still retailing for what they did over a year ago; used are getting 80% of retail give-take a few. If you can get 80% of current retail for a 290X later this year, good onya, to each their own.