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Author Topic: Ethereum mining still profitable?  (Read 131197 times)
conv3rsion
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March 21, 2016, 01:46:38 AM
 #421

my point was most asics spend more in electricity than they earn in bitcoin now.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Goms
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March 21, 2016, 04:42:35 AM
 #422

I think the profitability of mining Ethereum has increased a bit because of the fall in crude oil prices. It is now cheaper to generate electricity from gas.

So I am thinking that it is possible to forecast profitability by looking at the cost of generating electricity, or something related to that.
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March 21, 2016, 05:33:39 AM
 #423

I think the profitability of mining Ethereum has increased a bit because of the fall in crude oil prices. It is now cheaper to generate electricity from gas.

So I am thinking that it is possible to forecast profitability by looking at the cost of generating electricity, or something related to that.


No I don't think it works that way.

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March 21, 2016, 07:37:02 AM
 #424

if you think that ethereum is still the most profitable you're doing it wrong, there are better alternative, i'm making almost $7 per card with another coin, i won't tell you which one is for obvious reasons

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March 21, 2016, 07:37:38 AM
 #425

if you think that ethereum is still the most profitable you're doing it wrong, there are better alternative, i'm making almost 7 per card with another coin

Yeah mining PEPE which was profitable for like 8 hours yesterday.


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March 21, 2016, 08:26:43 AM
 #426

if you think that ethereum is still the most profitable you're doing it wrong, there are better alternative, i'm making almost $7 per card with another coin, i won't tell you which one is for obvious reasons
A R9 290X oc will bring around the same with eth. The advantage is I don't have to worry about changing coin mined every day/week : the revenue is consistent/increasing since december..
If the decline of eth price continue, maybe I will switch to decree or an other one.
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March 21, 2016, 09:04:35 AM
 #427

if you think that ethereum is still the most profitable you're doing it wrong, there are better alternative, i'm making almost 7 per card with another coin

Yeah mining PEPE which was profitable for like 8 hours yesterday.



no it's something completely different, and i'm doing business privately, you can not even imagine what is it

if you think that ethereum is still the most profitable you're doing it wrong, there are better alternative, i'm making almost $7 per card with another coin, i won't tell you which one is for obvious reasons
A R9 290X oc will bring around the same with eth. The advantage is I don't have to worry about changing coin mined every day/week : the revenue is consistent/increasing since december..
If the decline of eth price continue, maybe I will switch to decree or an other one.

an r9 290x consume what 280w? i'm consuming not even 160w with this coin

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March 21, 2016, 09:18:21 AM
 #428

Hi, i need help i have GPU 280x and 260x and CPU i7 4770K  Ring...

But ---» No GPU device with sufficient memory was found. Can't GPU mine  Remove the -G argument

I think it is the GPU i7 4770k as disconnecting the gpu the i7...

Miner not find the graphical due to the gpu i7

what the command for miner Huh
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March 21, 2016, 09:20:45 AM
 #429

use --gpu-platform 1

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Toninho
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March 21, 2016, 09:23:27 AM
 #430

use --gpu-platform 1
like this -- »  ethminer.exe --farm-recheck 200 -G -F http://127.0.0.1:8332/xxxxxx.xxxxxx:x --gpu-platform 1

give error dont work
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March 21, 2016, 09:32:30 AM
 #431

what is the error?

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Toninho
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March 21, 2016, 09:36:01 AM
 #432

what is the error?

command wrong
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March 21, 2016, 09:39:15 AM
 #433

what is the error?
command wrong

ok, try  --opencl-platform 1

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March 21, 2016, 10:09:32 AM
 #434

Ok is work now  Cheesy
Thank you very much Smiley
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March 21, 2016, 10:38:41 AM
Last edit: March 21, 2016, 11:08:04 AM by Toninho
 #435

But I can not get the address wallet in pool coinotron ?

Says --» ETH payout address: Wrong format

I use Ethereum-Wallet-win64-0-5-2
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March 23, 2016, 04:16:41 PM
 #436

I recommend checking out ethermine.org

Good payout structure and efficiency and fees

It's from the ethpool folks but pays out every 1 ETH instead of every 5 ETH
ZipEyes
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March 23, 2016, 05:21:54 PM
 #437

I recommend checking out ethermine.org

Good payout structure and efficiency and fees

It's from the ethpool folks but pays out every 1 ETH instead of every 5 ETH

Pretty small atm, will keep eye on it. Maybe will join later.

ETH got over 12$ again. Smiley

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Mastsetad
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March 25, 2016, 09:18:19 AM
 #438

my point was most asics spend more in electricity than they earn in bitcoin now.

It is true for the ASIC earlier than S5. My electriicity price is high, so I do not mine with these ASICs.
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March 25, 2016, 09:39:23 AM
 #439

I recommend checking out ethermine.org

Good payout structure and efficiency and fees

It's from the ethpool folks but pays out every 1 ETH instead of every 5 ETH

I tried that. It is quite good.
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March 25, 2016, 07:24:02 PM
 #440

Is it possible to create DAG in another drive other than drive c?
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