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Author Topic: Ethereum mining still profitable?  (Read 131197 times)
QuintLeo
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April 21, 2016, 06:01:52 AM
 #621

Litecoin has been worth a bit over $3 since around it's halfing last summer - been more stable than anything else I know of.

 I do miss the days it was GPU mineable and worth a lot more per, though - but still have a bunch of the hardware it paid for. 8-)

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Koamder
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April 21, 2016, 07:49:18 AM
 #622

Litecoin has been worth a bit over $3 since around it's halfing last summer - been more stable than anything else I know of.

 I do miss the days it was GPU mineable and worth a lot more per, though - but still have a bunch of the hardware it paid for. 8-)


Had the litecoin changed its algorithm to be GPU mineable, it could already be the second coin for the long term.
Narosya
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April 21, 2016, 04:47:56 PM
 #623

The bitcoin mining is still profitable. But the profitablity is dropping 50% a months at the moment. It will not be profitable in a few months.
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April 21, 2016, 04:51:39 PM
 #624

The bitcoin mining is still profitable. But the profitablity is dropping 50% a months at the moment. It will not be profitable in a few months.

profitable Huh what is your electricity bill ?
parmatiya
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April 21, 2016, 08:36:58 PM
 #625

The bitcoin mining is still profitable. But the profitablity is dropping 50% a months at the moment. It will not be profitable in a few months.

profitable Huh what is your electricity bill ?

I think he means the Ethereum mining. For the time being, it is profitable for the electricity price of $0.4.

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April 22, 2016, 08:16:20 AM
 #626

The bitcoin mining is still profitable. But the profitablity is dropping 50% a months at the moment. It will not be profitable in a few months.

profitable Huh what is your electricity bill ?

I think he means the Ethereum mining. For the time being, it is profitable for the electricity price of $0.4.

So in two months, if your electricity price is $0.2, it will not be profitable if the difficulty rises at current rate.
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April 23, 2016, 06:42:38 PM
 #627

The bitcoin mining is still profitable. But the profitablity is dropping 50% a months at the moment. It will not be profitable in a few months.

profitable Huh what is your electricity bill ?

I think he means the Ethereum mining. For the time being, it is profitable for the electricity price of $0.4.

So in two months, if your electricity price is $0.2, it will not be profitable if the difficulty rises at current rate.

In my place i need to pay $0.10/kwh
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April 23, 2016, 06:52:55 PM
 #628

The bitcoin mining is still profitable. But the profitablity is dropping 50% a months at the moment. It will not be profitable in a few months.

profitable Huh what is your electricity bill ?

I think he means the Ethereum mining. For the time being, it is profitable for the electricity price of $0.4.

So in two months, if your electricity price is $0.2, it will not be profitable if the difficulty rises at current rate.

In my place i need to pay $0.10/kwh
If you choose a good altcoin to mine it will be proitable.. find other altcoin like ethereum but i think the difficulty was increase every month..unless if you have a hardware or super pc you can make profitable mining with ethereum..  but you can try more pow altcoin that has a otencial to grow in the future..

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sanadas
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April 23, 2016, 08:56:08 PM
 #629

The bitcoin mining is still profitable. But the profitablity is dropping 50% a months at the moment. It will not be profitable in a few months.

profitable Huh what is your electricity bill ?

I think he means the Ethereum mining. For the time being, it is profitable for the electricity price of $0.4.

So in two months, if your electricity price is $0.2, it will not be profitable if the difficulty rises at current rate.

In my place i need to pay $0.10/kwh
If you choose a good altcoin to mine it will be proitable.. find other altcoin like ethereum but i think the difficulty was increase every month..unless if you have a hardware or super pc you can make profitable mining with ethereum..  but you can try more pow altcoin that has a otencial to grow in the future..

I am in Europe, so the price I pay is quite high. In a few months, it will not be profitable to mine Etheruem.

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April 23, 2016, 11:26:58 PM
 #630

I'm curious if anyone here was mining when ETH was sitting around a dollar ea. How much did you profit? Did you sell at peak?

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April 24, 2016, 09:17:01 AM
 #631

I'm curious if anyone here was mining when ETH was sitting around a dollar ea. How much did you profit? Did you sell at peak?

i mined for some day, probably i did only 0.2(on ethereum only not counting the continue shifting between other coins) but i have a small rig, because my electricity is not cheap enough and because i'm not sure if this whole thing will keep going
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April 24, 2016, 05:25:07 PM
 #632

I'm curious if anyone here was mining when ETH was sitting around a dollar ea. How much did you profit? Did you sell at peak?

I mine quite a few Ethereum when the price was around $1. But I sold all my coins when the price was $1.3.
Koamder
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April 25, 2016, 04:07:33 PM
 #633

In the next month, if the difficulty keeps on rise at current rate and the price does not increase. It will not be profitable for most people in Europe.
bugsywugsy
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April 25, 2016, 07:03:21 PM
 #634

I'm curious if anyone here was mining when ETH was sitting around a dollar ea. How much did you profit? Did you sell at peak?

I mine quite a few Ethereum when the price was around $1. But I sold all my coins when the price was $1.3.

Ouch, I bet you kicked yourself quite a bit. If miners and buyers get out of ETH, then there might be some trouble for the project.

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April 25, 2016, 07:39:23 PM
 #635

I'm curious if anyone here was mining when ETH was sitting around a dollar ea. How much did you profit? Did you sell at peak?

I mine quite a few Ethereum when the price was around $1. But I sold all my coins when the price was $1.3.

Ouch, I bet you kicked yourself quite a bit. If miners and buyers get out of ETH, then there might be some trouble for the project.

I also mine and sell the Ethereum. But I still have about 20% of the Etheruem mined, just in case the price rises.
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April 26, 2016, 12:09:46 AM
 #636

Eventually this coin will be less profitable due to the BTC rise and alt coin price drop and people moving their coin out and selling eth into BTC. Only a matter of time really and seeing BTC is on its way into or soon to be $500 again who knows what will happen. All I know is cheap ETH on its way.

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April 26, 2016, 04:50:50 AM
 #637

Eventually this coin will be less profitable due to the BTC rise and alt coin price drop and people moving their coin out and selling eth into BTC. Only a matter of time really and seeing BTC is on its way into or soon to be $500 again who knows what will happen. All I know is cheap ETH on its way.


Not only will people move Ether to bitcoin they will also be buying bitcoin instead of ethers so it will be a double hit on the price.  Less buyers to pick up the supply will be very bearish on the ether market so I would hold tight to those ethers until things pick up again.
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April 26, 2016, 06:47:31 AM
 #638

not profitable for me anymore, diff to high and price lower than before

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April 26, 2016, 09:00:25 AM
 #639

not profitable for me anymore, diff to high and price lower than before

My  electricity price is about 0.2 dollar per kWh, so it is not profitable for me now. I have to find another algorithm.
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April 26, 2016, 09:58:26 AM
 #640

price is going down. Most of the miners will leave if they also trade the coin for btc on daily basis
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