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Author Topic: Ethereum mining still profitable?  (Read 131200 times)
Tacalt
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June 12, 2016, 12:41:08 PM
 #861

The Difficulty is really fucked up  Grin
My Earnings went from 100 to 20 :/

Anyways the Price of Ethereum will defenetly rise!

regards

When I started mining, one rig could earn 10 Etheruem a day, now it is less 1 Etheruem. But there is still some profit.

The difficulty has risen too fast. If there is no Etheruemp price rise, I will stop mining in the next 4 months.
BitPlace
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June 12, 2016, 05:25:39 PM
 #862

The Difficulty is really fucked up  Grin
My Earnings went from 100 to 20 :/

Anyways the Price of Ethereum will defenetly rise!

regards

When I started mining, one rig could earn 10 Etheruem a day, now it is less 1 Etheruem. But there is still some profit.

The difficulty has risen too fast. If there is no Etheruemp price rise, I will stop mining in the next 4 months.

The difficulty doubles every two months, in 4 months, the difficulty will be 4 times present value, not many people will make profit.

We just hope the price will also rise 4 times so the profitability is the same. But that might not happen.
kassadin5
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June 12, 2016, 05:31:06 PM
 #863

hey, im having trouble setting up my mining rig, if you could please advise ---> https://bitcointalk.org/index.php?topic=1508467.0

anyway i have a gigabyte r9 270x, what should be my expected rate?
crairezx20
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June 12, 2016, 05:40:55 PM
 #864

I think mining ethereum still profitable and many miners still choosesn ethereum to mine.  if you have a good rig to mine ethereum better to buy the best GPU 4gb in up to make more ethereum fast..before ethereum will explode to increase the value this coming block halving..
Charloz24
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June 12, 2016, 06:18:35 PM
 #865

I think mining ethereum still profitable and many miners still choosesn ethereum to mine.  if you have a good rig to mine ethereum better to buy the best GPU 4gb in up to make more ethereum fast..before ethereum will explode to increase the value this coming block halving..

There is no block halving in Ethereum...
Subw
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June 12, 2016, 06:37:12 PM
 #866

I think mining ethereum still profitable and many miners still choosesn ethereum to mine.  if you have a good rig to mine ethereum better to buy the best GPU 4gb in up to make more ethereum fast..before ethereum will explode to increase the value this coming block halving..

There is no block halving in Ethereum...
true but it is traded against BTC thus ethereum price will be halved as well
QuintLeo
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June 13, 2016, 07:25:56 AM
 #867

hey, im having trouble setting up my mining rig, if you could please advise ---> https://bitcointalk.org/index.php?topic=1508467.0

anyway i have a gigabyte r9 270x, what should be my expected rate?


 GPUshack lists it as a 16MH card, but I've noticed their figures tend to be a bit optimistic sometime.

 15-16 should be the right ballpark though.

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Fulmand
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June 13, 2016, 07:47:50 AM
 #868

I think mining ethereum still profitable and many miners still choosesn ethereum to mine.  if you have a good rig to mine ethereum better to buy the best GPU 4gb in up to make more ethereum fast..before ethereum will explode to increase the value this coming block halving..

There is no block halving in Ethereum...
true but it is traded against BTC thus ethereum price will be halved as well

It does not work that way. If the bitcoin price doubles, everything else priced in bitcoin will be halved. But the price in US dollar is the same.
Amph
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June 13, 2016, 08:00:28 AM
 #869

I think mining ethereum still profitable and many miners still choosesn ethereum to mine.  if you have a good rig to mine ethereum better to buy the best GPU 4gb in up to make more ethereum fast..before ethereum will explode to increase the value this coming block halving..

There is no block halving in Ethereum...
true but it is traded against BTC thus ethereum price will be halved as well

It does not work that way. If the bitcoin price doubles, everything else priced in bitcoin will be halved. But the price in US dollar is the same.

you can make more money now than when bitcoin was at 500, because the value of etheruem is still there, not counting the pump to 0.03
Grazyah13
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June 13, 2016, 08:23:32 AM
 #870

Well all I can say is Cost versus Benefit. ahhah
apriyoni
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June 13, 2016, 09:43:15 AM
 #871

I think mining ethereum still profitable and many miners still choosesn ethereum to mine.  if you have a good rig to mine ethereum better to buy the best GPU 4gb in up to make more ethereum fast..before ethereum will explode to increase the value this coming block halving..

There is no block halving in Ethereum...
true but it is traded against BTC thus ethereum price will be halved as well

It does not work that way. If the bitcoin price doubles, everything else priced in bitcoin will be halved. But the price in US dollar is the same.

you can make more money now than when bitcoin was at 500, because the value of etheruem is still there, not counting the pump to 0.03

Mining Ethereum is still very profitable as its price has risen in dollar terms. As long as your cost in in fiat, it is OK to mine.
Tacalt
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June 13, 2016, 11:46:16 AM
 #872

I think mining ethereum still profitable and many miners still choosesn ethereum to mine.  if you have a good rig to mine ethereum better to buy the best GPU 4gb in up to make more ethereum fast..before ethereum will explode to increase the value this coming block halving..

There is no block halving in Ethereum...
true but it is traded against BTC thus ethereum price will be halved as well

It does not work that way. If the bitcoin price doubles, everything else priced in bitcoin will be halved. But the price in US dollar is the same.

you can make more money now than when bitcoin was at 500, because the value of etheruem is still there, not counting the pump to 0.03

Mining Ethereum is still very profitable as its price has risen in dollar terms. As long as your cost in in fiat, it is OK to mine.

I thought the Ethereum price could crash after the DAO listing, but it is still very strong. I will mine at again.
Charloz24
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June 13, 2016, 11:51:10 AM
 #873

I think mining ethereum still profitable and many miners still choosesn ethereum to mine.  if you have a good rig to mine ethereum better to buy the best GPU 4gb in up to make more ethereum fast..before ethereum will explode to increase the value this coming block halving..

There is no block halving in Ethereum...
true but it is traded against BTC thus ethereum price will be halved as well

It does not work that way. If the bitcoin price doubles, everything else priced in bitcoin will be halved. But the price in US dollar is the same.

you can make more money now than when bitcoin was at 500, because the value of etheruem is still there, not counting the pump to 0.03

Mining Ethereum is still very profitable as its price has risen in dollar terms. As long as your cost in in fiat, it is OK to mine.

I thought the Ethereum price could crash after the DAO listing, but it is still very strong. I will mine at again.

1 thing I learnt here is to completly ignore the altcoin discussion....
Marvell1
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June 14, 2016, 05:17:00 AM
 #874

I think mining ethereum still profitable and many miners still choosesn ethereum to mine.  if you have a good rig to mine ethereum better to buy the best GPU 4gb in up to make more ethereum fast..before ethereum will explode to increase the value this coming block halving..

There is no block halving in Ethereum...
true but it is traded against BTC thus ethereum price will be halved as well

It does not work that way. If the bitcoin price doubles, everything else priced in bitcoin will be halved. But the price in US dollar is the same.

you can make more money now than when bitcoin was at 500, because the value of etheruem is still there, not counting the pump to 0.03



Mining Ethereum is still very profitable as its price has risen in dollar terms. As long as your cost in in fiat, it is OK to mine.

I thought the Ethereum price could crash after the DAO listing, but it is still very strong. I will mine at again.

1 thing I learnt here is to completly ignore the altcoin discussion....

Yup same here i only read it for entertainment purposes and to find out the new item thats being pumped

I found out about waves out there and ill probbaly make a killing with the 5btc worth i bought other than that i ignore most of the spam out there

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Bemerand
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June 14, 2016, 09:09:20 AM
 #875

I think mining ethereum still profitable and many miners still choosesn ethereum to mine.  if you have a good rig to mine ethereum better to buy the best GPU 4gb in up to make more ethereum fast..before ethereum will explode to increase the value this coming block halving..

There is no block halving in Ethereum...
true but it is traded against BTC thus ethereum price will be halved as well

It does not work that way. If the bitcoin price doubles, everything else priced in bitcoin will be halved. But the price in US dollar is the same.

you can make more money now than when bitcoin was at 500, because the value of etheruem is still there, not counting the pump to 0.03



Mining Ethereum is still very profitable as its price has risen in dollar terms. As long as your cost in in fiat, it is OK to mine.

I thought the Ethereum price could crash after the DAO listing, but it is still very strong. I will mine at again.

1 thing I learnt here is to completly ignore the altcoin discussion....

Yup same here i only read it for entertainment purposes and to find out the new item thats being pumped

I found out about waves out there and ill probbaly make a killing with the 5btc worth i bought other than that i ignore most of the spam out there

The wave could be good. Most other ICO/IPO are just scams. We have to be very careful about spending our money.

88.36255237114% of all ICO's are SCAMS
sanadas
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June 20, 2016, 08:28:34 AM
 #876

The Ethereum price dropped about 50% in the last few days due to the DAO problem. It might not be profitable for some miners now.

Amph
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June 20, 2016, 08:37:42 AM
 #877

The Ethereum price dropped about 50% in the last few days due to the DAO problem. It might not be profitable for some miners now.

same profit as before, like it was some months ago, bitcoin skyrocket to 2x or around that so you have the same revenue at the end, nothing changed

anyway etheruem is not the most profitable currently
CryR
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June 20, 2016, 09:57:20 AM
 #878

Not today....
alienesb
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June 20, 2016, 10:30:00 AM
 #879

The Ethereum price dropped about 50% in the last few days due to the DAO problem. It might not be profitable for some miners now.

same profit as before, like it was some months ago, bitcoin skyrocket to 2x or around that so you have the same revenue at the end, nothing changed

anyway etheruem is not the most profitable currently

Where should my hashes go?
zalucia
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June 20, 2016, 02:27:19 PM
 #880

The Ethereum price dropped about 50% in the last few days due to the DAO problem. It might not be profitable for some miners now.

same profit as before, like it was some months ago, bitcoin skyrocket to 2x or around that so you have the same revenue at the end, nothing changed

anyway etheruem is not the most profitable currently

Where should my hashes go?

That is good question. I also want to know. It seems there are not many coins can absorb the hashing power.

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