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Author Topic: Ethereum mining still profitable?  (Read 131197 times)
Bemerand
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July 09, 2016, 09:34:34 AM
 #941

i find it hard to believe that a 380 can do 20MH at 113w, and probably not stable, so it does not count unless it can do it for more than 24 hours

and in any case a 480 can do 24MH at 105w, which is still far better, no matter the optimization or the undervolting, it's impossible to compete with 14/16nm if you have 28nm....

It can. I used my code, yeah, but it can.

Stock volts, too. Clocks were 750/1600, powertune 0.

Can your miner get similar efficiency for the 280X as well? If it can, then it is excellent for most miners.

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Bostonias
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July 25, 2016, 11:46:27 AM
 #942

A few days ago, if you mined some Ethereum Classic when the difficulty is low and sell now, you have made good profits.
Raswild
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July 25, 2016, 03:06:06 PM
 #943

A few days ago, if you mined some Ethereum Classic when the difficulty is low and sell now, you have made good profits.

The Ethereum Classic price has dropped a lot since yesterday. I think the hacker is going to dump his coin soon.
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July 25, 2016, 04:42:52 PM
 #944

A few days ago, if you mined some Ethereum Classic when the difficulty is low and sell now, you have made good profits.

The Ethereum Classic price has dropped a lot since yesterday. I think the hacker is going to dump his coin soon.

The market will respond early and expect the hacker to dump the coins. Do we have any pledge from the hacker that he will not dump?
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July 25, 2016, 05:01:50 PM
 #945

A few days ago, if you mined some Ethereum Classic when the difficulty is low and sell now, you have made good profits.

The Ethereum Classic price has dropped a lot since yesterday. I think the hacker is going to dump his coin soon.
How do you know it that those hackers are willing to dump their ethereum.. or how do you know that they are holding ethereum?
I know ethereum is halving issue about DAO but i think they are already fix it .

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Carmen_Sandiego
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July 25, 2016, 05:08:44 PM
 #946

Soon mining will only be profitable for the Chinese and people with free electricity.
crairezx20
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July 25, 2016, 05:25:07 PM
 #947

Soon mining will only be profitable for the Chinese and people with free electricity.
Here in my place our electricity is free but the problem is i can afford to buy a good miner or set of GPU or CPu. to mine ethereum right now .. and i heard many people that ethereum right is not profitable to mine..
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July 25, 2016, 05:57:48 PM
 #948

Soon mining will only be profitable for the Chinese and people with free electricity.
Here in my place our electricity is free but the problem is i can afford to buy a good miner or set of GPU or CPu. to mine ethereum right now .. and i heard many people that ethereum right is not profitable to mine..

If the electricity is free, you can start by buy one graphics card and expand it over time, and you will be rich.
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July 26, 2016, 12:10:28 AM
 #949

Soon mining will only be profitable for the Chinese and people with free electricity.
Here in my place our electricity is free but the problem is i can afford to buy a good miner or set of GPU or CPu. to mine ethereum right now .. and i heard many people that ethereum right is not profitable to mine..

CPU mining is tough (you need top-notch i7, and returns are pretty meh), but gpu mining can go quite well. with free power a r9-290 card (~150usd) will pay for itself fully within 3-4 months

if you already have a desktop, its easy enough to plug in a gpu or two.

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RastoMan
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July 26, 2016, 06:50:54 AM
 #950

Soon mining will only be profitable for the Chinese and people with free electricity.
Here in my place our electricity is free but the problem is i can afford to buy a good miner or set of GPU or CPu. to mine ethereum right now .. and i heard many people that ethereum right is not profitable to mine..

CPU mining is tough (you need top-notch i7, and returns are pretty meh), but gpu mining can go quite well. with free power a r9-290 card (~150usd) will pay for itself fully within 3-4 months

if you already have a desktop, its easy enough to plug in a gpu or two.

That is right. It is better to use the cheap 290 or 390 or even 480 to mine the Ethereum. But the difficulty is rising faster.
BitPlace
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July 26, 2016, 07:48:22 PM
 #951

Soon mining will only be profitable for the Chinese and people with free electricity.
Here in my place our electricity is free but the problem is i can afford to buy a good miner or set of GPU or CPu. to mine ethereum right now .. and i heard many people that ethereum right is not profitable to mine..

CPU mining is tough (you need top-notch i7, and returns are pretty meh), but gpu mining can go quite well. with free power a r9-290 card (~150usd) will pay for itself fully within 3-4 months

if you already have a desktop, its easy enough to plug in a gpu or two.

That is right. It is better to use the cheap 290 or 390 or even 480 to mine the Ethereum. But the difficulty is rising faster.

We have the choice of mining the two versions of the Ethereum, that is a good opportunities for miners.
RastoMan
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July 27, 2016, 06:47:39 PM
 #952

Soon mining will only be profitable for the Chinese and people with free electricity.
Here in my place our electricity is free but the problem is i can afford to buy a good miner or set of GPU or CPu. to mine ethereum right now .. and i heard many people that ethereum right is not profitable to mine..

CPU mining is tough (you need top-notch i7, and returns are pretty meh), but gpu mining can go quite well. with free power a r9-290 card (~150usd) will pay for itself fully within 3-4 months

if you already have a desktop, its easy enough to plug in a gpu or two.

That is right. It is better to use the cheap 290 or 390 or even 480 to mine the Ethereum. But the difficulty is rising faster.

We have the choice of mining the two versions of the Ethereum, that is a good opportunities for miners.

You can switch between the ETC and ETH and mine the more profitable coin. It is quite convenient.
vg54dett
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July 28, 2016, 07:24:31 AM
 #953

was it something to do at the fork to have our ethers on both chains ?
Sanguintan
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July 28, 2016, 08:09:33 AM
 #954

was it something to do at the fork to have our ethers on both chains ?

I think so. The appearance of the ETC has an effect on the ETH mining profit. Some times, it is more profitable to mine ETC.
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July 28, 2016, 02:28:30 PM
 #955

was it something to do at the fork to have our ethers on both chains ?

I think so. The appearance of the ETC has an effect on the ETH mining profit. Some times, it is more profitable to mine ETC.

The ETC price is too volatile. When you sell your mined coins, it will be less profitable. So after a while, not many people will mine it.
Zaducis
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July 28, 2016, 03:48:59 PM
 #956

was it something to do at the fork to have our ethers on both chains ?

I think so. The appearance of the ETC has an effect on the ETH mining profit. Some times, it is more profitable to mine ETC.

The ETC price is too volatile. When you sell your mined coins, it will be less profitable. So after a while, not many people will mine it.

At this moment, mining ETC is 50% more profitable than mining ETH. But we do not know the profitability when you sell ETC.

miayama
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July 28, 2016, 07:23:00 PM
 #957

was it something to do at the fork to have our ethers on both chains ?

I think so. The appearance of the ETC has an effect on the ETH mining profit. Some times, it is more profitable to mine ETC.

The ETC price is too volatile. When you sell your mined coins, it will be less profitable. So after a while, not many people will mine it.

At this moment, mining ETC is 50% more profitable than mining ETH. But we do not know the profitability when you sell ETC.

If you can find a good pool to mine the ETC, it is generally more profitable to mine the ETC at the moment.
Goms
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July 28, 2016, 08:09:32 PM
 #958

But it is better to sell ETC as soon as it's mined because you can't predict how long it will last in the market, if it will get dumped and you do not want to be the one holding the bag should the coin get dumped.
kim.apps
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July 28, 2016, 08:15:28 PM
 #959

Only if you purchase the equipment at a very low cost and mine in a place with a really low electricity fee.
Some guys even have free electricity, what makes things difficult for anyone who does not have such resources.
Auponef
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July 29, 2016, 02:58:40 PM
 #960

Only if you purchase the equipment at a very low cost and mine in a place with a really low electricity fee.
Some guys even have free electricity, what makes things difficult for anyone who does not have such resources.

The Ethereum is profitable to mine even if your electricity price is more than $0.20 per kwh. Some other coins are also profitable.
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