Ethereum mining still profitable?

[ol92]

Doesn't matter which calculator you use, they are all wrong, even using the proxy for better profits you're not going to earn that much. The price could go up again which would be nice, but I think the days of quick ROI for mining gear have already passed, the difficulty is pumping.

That could be the reason why we just receive 80 - 90% of the Athereum from the mining pools as we expect.

Again, http://karldiab.com/EthereumMiningCalculator/

"The calculations accounts for average network blocktime, which increases accuracy but lowers predicted profit. Don't be fooled by other optimistic calculators!"

Also try different pools and proxies if possible. Some of them might give you surprising results.

i tried everything, but with my setup i only get not even 1 ethereum with 66 mega, when the calculator is saying 1.2

With ethpool  I have a bit more than 5 eth within 6 days (0.94/day) now with 53 54 mhs pool side and almost 55 56 miner side with qtminer
Their built in  calculator based upon submitted shares is pretty accurate

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[yubsep]

I am using Readon R7 with 4Gb Ram.. It's good...
Check this to calculate your mining: http://karldiab.com/EthereumMiningCalculator/

I was wondering if ethereum mining is still profitable. So what do you say?
Is it still profitable to mine ethereum with GPUs and CPUs?

[Fademigo]

I am using Readon R7 with 4Gb Ram.. It's good...

Do you see hash rate decrease due to the increase of the DAG file. I know 3GB cards such as 280x has reduced hash rate.

[Xexen4]

mining pool affect earnings? i mean dwarfpool mine %46 of all eth blocks
https://etherchain.org/statistics/miners
any difference for earnings by pool?

[aizzaku]

i dont have a card and i dont believe in cloub mining but i have invested in that hashflare website cause of the discount offer and i hope i can get as much ETH as possible and will hold it for long.

[malekbaba]

i dont have a card and i dont believe in cloub mining but i have invested in that hashflare website cause of the discount offer and i hope i can get as much ETH as possible and will hold it for long.

want to know the discount offer and please tell us about the rented hashes. BTW how much mega hashes do you have and how much do you spend per Mhashes?

[malekbaba]

I am using Readon R7 with 4Gb Ram.. It's good...

Do you see hash rate decrease due to the increase of the DAG file. I know 3GB cards such as 280x has reduced hash rate.

7950 is hashing @ 19mhashes/sec. it is a bit lower than past days

[Mastsetad]

I am using Readon R7 with 4Gb Ram.. It's good...

Do you see hash rate decrease due to the increase of the DAG file. I know 3GB cards such as 280x has reduced hash rate.

7950 is hashing @ 19mhashes/sec. it is a bit lower than past days

Do you have other 4GB cards? Did you notice if there is hashing rate decrease over the past 6 months?

[Ayers]

Doesn't matter which calculator you use, they are all wrong, even using the proxy for better profits you're not going to earn that much. The price could go up again which would be nice, but I think the days of quick ROI for mining gear have already passed, the difficulty is pumping.

That could be the reason why we just receive 80 - 90% of the Athereum from the mining pools as we expect.

Again, http://karldiab.com/EthereumMiningCalculator/

"The calculations accounts for average network blocktime, which increases accuracy but lowers predicted profit. Don't be fooled by other optimistic calculators!"

Also try different pools and proxies if possible. Some of them might give you surprising results.

i tried everything, but with my setup i only get not even 1 ethereum with 66 mega, when the calculator is saying 1.2

With ethpool  I have a bit more than 5 eth within 6 days (0.94/day) now with 53 54 mhs pool side and almost 55 56 miner side with qtminer
Their built in  calculator based upon submitted shares is pretty accurate

is the calcualtor based on the proxy that  give you 10-20% more profit, because yesterday i tried that proxy and i'm getting more coin per day

[apriyoni]

Doesn't matter which calculator you use, they are all wrong, even using the proxy for better profits you're not going to earn that much. The price could go up again which would be nice, but I think the days of quick ROI for mining gear have already passed, the difficulty is pumping.

That could be the reason why we just receive 80 - 90% of the Athereum from the mining pools as we expect.

Again, http://karldiab.com/EthereumMiningCalculator/

"The calculations accounts for average network blocktime, which increases accuracy but lowers predicted profit. Don't be fooled by other optimistic calculators!"

Also try different pools and proxies if possible. Some of them might give you surprising results.

i tried everything, but with my setup i only get not even 1 ethereum with 66 mega, when the calculator is saying 1.2

With ethpool  I have a bit more than 5 eth within 6 days (0.94/day) now with 53 54 mhs pool side and almost 55 56 miner side with qtminer
Their built in  calculator based upon submitted shares is pretty accurate

is the calcualtor based on the proxy that  give you 10-20% more profit, because yesterday i tried that proxy and i'm getting more coin per day

Maybe the pool is just lucky on that day. I think on average, the pools give you less than you expect.

[aizzaku]

i dont have a card and i dont believe in cloub mining but i have invested in that hashflare website cause of the discount offer and i hope i can get as much ETH as possible and will hold it for long.

want to know the discount offer and please tell us about the rented hashes. BTW how much mega hashes do you have and how much do you spend per Mhashes?

i purchased 0.1 MH 1 year contract with 20% off on 4.25$ whose roi would be around 4-5 months. But i think if the price increases higher it will be more profitable.

ref- https://hashflare.io/r/AA62F484

non ref- https://hashflare.io/

check it out they have given the estimated ROI.

I think there is a second wave of discount contract by them. do check it out

[zalucia]

i dont have a card and i dont believe in cloub mining but i have invested in that hashflare website cause of the discount offer and i hope i can get as much ETH as possible and will hold it for long.

want to know the discount offer and please tell us about the rented hashes. BTW how much mega hashes do you have and how much do you spend per Mhashes?

i purchased 0.1 MH 1 year contract with 20% off on 4.25$ whose roi would be around 4-5 months. But i think if the price increases higher it will be more profitable.

ref- https://hashflare.io/r/AA62F484

non ref- https://hashflare.io/

check it out they have given the estimated ROI.

I think there is a second wave of discount contract by them. do check it out

That is quite a good value for mining if the price/difficulty stays the same. Although it is more profitable to mine yourself.

[aizzaku]

Yes i agree it will be more profitable to mine right now if u have good gpu. but for ones like me the cloud mining option is not bad.
we all know many of them might be scam ponzi but still..hope to get ROI then wahtever profit its fine xD

[Fademigo]

Considering certain factors, you can decide to mine ethereum or not. Ethereum is being hugely traded on different exchanges. The value may rise soon. However prediction is just for prediction only. It will not be related to mining.

The factors you may think about is
1. Electricity cost, if you're going with free electricity or solar like energy systems, you can save a lot of money. So it will be profitable.
2. Difficulty and your hardware means your rigs capacity. If you have a farm of rigs, you can beat the difficulty and make much more coins.

Even with no free electricity, you can make profit on the mining of Ethereum. You can sell your card later when it becomes less profitable.

[malekbaba]

what may be the price of eth after 6 months ?  will it hit $100 ever ?

[zaph3t]

Yes i agree it will be more profitable to mine right now if u have good gpu. but for ones like me the cloud mining option is not bad.
we all know many of them might be scam ponzi but still..hope to get ROI then wahtever profit its fine xD

Which cloud mining are you using? I was about to use Genesis Mining but they dont seem trustful.

[Fatov]

Are there a linux howto? i want try to mine eth

[aizzaku]

i purchased 0.1 MH 1 year contract with 20% off on 4.25$ whose roi would be around 4-5 months. But i think if the price increases higher it will be more profitable.

ref- https://hashflare.io/r/AA62F484

non ref- https://hashflare.io/

check it out they have given the estimated ROI.

I think there is a second wave of discount contract by them. do check it out

Yes i agree it will be more profitable to mine right now if u have good gpu. but for ones like me the cloud mining option is not bad.
we all know many of them might be scam ponzi but still..hope to get ROI then wahtever profit its fine xD

Which cloud mining are you using? I was about to use Genesis Mining but they dont seem trustful.

This one hashflare. register and checkout..

[Unacceptable]

i purchased 0.1 MH 1 year contract with 20% off on 4.25$ whose roi would be around 4-5 months. But i think if the price increases higher it will be more profitable.

ref- https://hashflare.io/r/AA62F484

non ref- https://hashflare.io/

check it out they have given the estimated ROI.

I think there is a second wave of discount contract by them. do check it out

Yes i agree it will be more profitable to mine right now if u have good gpu. but for ones like me the cloud mining option is not bad.
we all know many of them might be scam ponzi but still..hope to get ROI then wahtever profit its fine xD

Which cloud mining are you using? I was about to use Genesis Mining but they dont seem trustful.

This one hashflare. register and checkout..

Just say no to "cloud mining"..........buy a decent vid card instead & mine it yourself  

http://www.newegg.com/Product/ProductList.aspx?Submit=ENE&IsNodeId=1&N=100007709+600007787%20100007709%20600007787%20600286741%20600100181#close

http://62.212.74.86/~mining/list/amd/index.php?algo=eth

You can sell the card in a few months or keep it (it paid for itself) 

[basyaru]

Even with no free electricity, you can make profit on the mining of Ethereum. You can sell your card later when it becomes less profitable.

Or find another coin to mine. That's why I like GPUs, not ASICs.