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Ethereum mining still profitable?
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Topic: Ethereum mining still profitable? (Read 131197 times)
conv3rsion
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Re: Ethereum mining still profitable?
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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Re: Ethereum mining still profitable?
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.
adaseb
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Re: Ethereum mining still profitable?
March 21, 2016, 05:33:39 AM
#423
Quote from: Goms on March 21, 2016, 04:42:35 AM
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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Ayers
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Seabet.io | Crypto-Casino
Re: Ethereum mining still profitable?
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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adaseb
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Re: Ethereum mining still profitable?
March 21, 2016, 07:37:38 AM
#425
Quote from: Ayers on March 21, 2016, 07:37:02 AM
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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ol92
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Re: Ethereum mining still profitable?
March 21, 2016, 08:26:43 AM
#426
Quote from: Ayers on March 21, 2016, 07:37:02 AM
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.
Ayers
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Seabet.io | Crypto-Casino
Re: Ethereum mining still profitable?
March 21, 2016, 09:04:35 AM
#427
Quote from: adaseb on March 21, 2016, 07:37:38 AM
Quote from: Ayers on March 21, 2016, 07:37:02 AM
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
Quote from: ol92 on March 21, 2016, 08:26:43 AM
Quote from: Ayers on March 21, 2016, 07:37:02 AM
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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Toninho
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Re: Ethereum mining still profitable?
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
sp_
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Merit: 1087
Team Black developer
Re: Ethereum mining still profitable?
March 21, 2016, 09:20:45 AM
#429
use --gpu-platform 1
Team Black Miner (ETHB3 ETH ETC VTC KAWPOW FIROPOW MEOWPOW + dual mining + tripple mining..
https://github.com/sp-hash/TeamBlackMiner
Toninho
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Re: Ethereum mining still profitable?
March 21, 2016, 09:23:27 AM
#430
Quote from: sp_ on March 21, 2016, 09:20:45 AM
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
sp_
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Team Black developer
Re: Ethereum mining still profitable?
March 21, 2016, 09:32:30 AM
#431
what is the error?
Team Black Miner (ETHB3 ETH ETC VTC KAWPOW FIROPOW MEOWPOW + dual mining + tripple mining..
https://github.com/sp-hash/TeamBlackMiner
Toninho
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Re: Ethereum mining still profitable?
March 21, 2016, 09:36:01 AM
#432
Quote from: sp_ on March 21, 2016, 09:32:30 AM
what is the error?
command wrong
sp_
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Team Black developer
Re: Ethereum mining still profitable?
March 21, 2016, 09:39:15 AM
#433
Quote from: Toninho on March 21, 2016, 09:36:01 AM
Quote from: sp_ on March 21, 2016, 09:32:30 AM
what is the error?
command wrong
ok, try --opencl-platform 1
Team Black Miner (ETHB3 ETH ETC VTC KAWPOW FIROPOW MEOWPOW + dual mining + tripple mining..
https://github.com/sp-hash/TeamBlackMiner
Toninho
Hero Member
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Activity: 597
Merit: 500
Re: Ethereum mining still profitable?
March 21, 2016, 10:09:32 AM
#434
Quote from: sp_ on March 21, 2016, 09:39:15 AM
Quote from: Toninho on March 21, 2016, 09:36:01 AM
Quote from: sp_ on March 21, 2016, 09:32:30 AM
what is the error?
command wrong
ok, try --opencl-platform 1
Ok is work now
Thank you very much
Toninho
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Merit: 500
Re: Ethereum mining still profitable?
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
benjbarker
Newbie
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Merit: 0
Re: Ethereum mining still profitable?
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
Member
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Merit: 10
Re: Ethereum mining still profitable?
March 23, 2016, 05:21:54 PM
#437
Quote from: benjbarker on March 23, 2016, 04:16:41 PM
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.
Bitrated user: Hyp0crit.
Mastsetad
Sr. Member
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Merit: 250
Re: Ethereum mining still profitable?
March 25, 2016, 09:18:19 AM
#438
Quote from: conv3rsion on March 21, 2016, 01:46:38 AM
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.
Xianantung
Newbie
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Re: Ethereum mining still profitable?
March 25, 2016, 09:39:23 AM
#439
Quote from: benjbarker on March 23, 2016, 04:16:41 PM
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.
malekbaba
Legendary
Offline
Activity: 1526
Merit: 1026
SellDefi.com | Earn by selling files
Re: Ethereum mining still profitable?
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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