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Author Topic: Ethereum mining still profitable?  (Read 131197 times)
Posum578
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August 03, 2016, 12:51:26 AM
 #981

No no
ETH not profitable anymore to mine
Except you got free rigs and electricity
miayama
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August 03, 2016, 06:44:38 AM
 #982

profitable if price ethereum up
i think mining ethereum profit with high gpu

The mining of the ETC is some times more profitable when you do the calculation. But when you sell the coins to the exchanges, the price is lower.

You have to sell the ETC as soon as you mine it. But most pool will only send you the ETC several times a day.

technically you are right, but you might as well use a more profitable coin for your machine unless you still really believe in ETC (which I do, but I'm just playing devils advocate here and choosing to point out there are more immediate gains for mining right now)

The ETC is 30% more profitable than ETH to mine at the moment. So the hashing rate is increasing fast.


if many people stop mining the ETH and Start mining ETC, then ETH will become more profitable for a while ?

Probably not, because ETH price will drop.

That was a concern. The Ethereum price is too volatile. It is only profitable if you have cheap electricity.
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August 03, 2016, 07:07:38 AM
 #983

No no
ETH not profitable anymore to mine
Except you got free rigs and electricity

true statement, if you pay over 40 cent per kwh of energy. most of us pay 15 cent or less, so ETH mining ist still profitable atm
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August 03, 2016, 11:38:06 AM
 #984

No no
ETH not profitable anymore to mine
Except you got free rigs and electricity

true statement, if you pay over 40 cent per kwh of energy. most of us pay 15 cent or less, so ETH mining ist still profitable atm

If you use some kind of undervolting and reduce the frequency of the core or memory, it is still profitable.

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August 03, 2016, 12:02:25 PM
 #985

No no
ETH not profitable anymore to mine
Except you got free rigs and electricity

true statement, if you pay over 40 cent per kwh of energy. most of us pay 15 cent or less, so ETH mining ist still profitable atm

If you use some kind of undervolting and reduce the frequency of the core or memory, it is still profitable.

Miners tend to overvolt and overclock. That will make their ROI faster if their electricity price is low.,

R


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sanas
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August 04, 2016, 06:56:49 AM
 #986

No no
ETH not profitable anymore to mine
Except you got free rigs and electricity

true statement, if you pay over 40 cent per kwh of energy. most of us pay 15 cent or less, so ETH mining ist still profitable atm

If you use some kind of undervolting and reduce the frequency of the core or memory, it is still profitable.

Miners tend to overvolt and overclock. That will make their ROI faster if their electricity price is low.,

The difficulty of the ETC+ETH is still rising even at the uncertain times. It seems people are very confident.

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Mike8
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August 04, 2016, 07:45:31 AM
 #987

Silly question: can ETH/ETC be mined with CPU on windows?
Thanks to whoever gives me an answer (and a link to an "official" miner).

Please don't say anything about the low hash rate and such, I will calculate for myself.
Next BillG
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August 05, 2016, 06:47:23 AM
 #988

Silly question: can ETH/ETC be mined with CPU on windows?
Thanks to whoever gives me an answer (and a link to an "official" miner).

Please don't say anything about the low hash rate and such, I will calculate for myself.

You can mine with CPU. The link is below:

https://github.com/ethereum/go-ethereum/wiki/Mining
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August 07, 2016, 07:06:47 AM
 #989

No no
ETH not profitable anymore to mine
Except you got free rigs and electricity

true statement, if you pay over 40 cent per kwh of energy. most of us pay 15 cent or less, so ETH mining ist still profitable atm

If you use some kind of undervolting and reduce the frequency of the core or memory, it is still profitable.

Miners tend to overvolt and overclock. That will make their ROI faster if their electricity price is low.,

The difficulty of the ETC+ETH is still rising even at the uncertain times. It seems people are very confident.

The hash rate for the Ethereum is at a new all time high now. So the big miners think the price will rise again.
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August 07, 2016, 09:13:59 AM
 #990

No no
ETH not profitable anymore to mine
Except you got free rigs and electricity

true statement, if you pay over 40 cent per kwh of energy. most of us pay 15 cent or less, so ETH mining ist still profitable atm

If you use some kind of undervolting and reduce the frequency of the core or memory, it is still profitable.

Miners tend to overvolt and overclock. That will make their ROI faster if their electricity price is low.,

The difficulty of the ETC+ETH is still rising even at the uncertain times. It seems people are very confident.

The hash rate for the Ethereum is at a new all time high now. So the big miners think the price will rise again.

It looks like it. There are more hashing on the Etherum, even though miners might now ROI in the future.

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August 07, 2016, 04:21:22 PM
 #991

No no
ETH not profitable anymore to mine
Except you got free rigs and electricity

true statement, if you pay over 40 cent per kwh of energy. most of us pay 15 cent or less, so ETH mining ist still profitable atm

If you use some kind of undervolting and reduce the frequency of the core or memory, it is still profitable.

Miners tend to overvolt and overclock. That will make their ROI faster if their electricity price is low.,

The difficulty of the ETC+ETH is still rising even at the uncertain times. It seems people are very confident.

The hash rate for the Ethereum is at a new all time high now. So the big miners think the price will rise again.

It looks like it. There are more hashing on the Etherum, even though miners might now ROI in the future.

Most of the new hashing are from the cheap electricity big farms. They will ROI as their total cost is lower.
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August 08, 2016, 07:42:52 AM
 #992

No no
ETH not profitable anymore to mine
Except you got free rigs and electricity

true statement, if you pay over 40 cent per kwh of energy. most of us pay 15 cent or less, so ETH mining ist still profitable atm

If you use some kind of undervolting and reduce the frequency of the core or memory, it is still profitable.

Miners tend to overvolt and overclock. That will make their ROI faster if their electricity price is low.,

Real stupid miners, you mean. UNDERVOLT and overclock.

It depends on the graphics cards. I usually undervolt and underclock to get better efficiency as I have high electricity price.
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August 14, 2016, 09:15:35 AM
 #993

No no
ETH not profitable anymore to mine
Except you got free rigs and electricity

true statement, if you pay over 40 cent per kwh of energy. most of us pay 15 cent or less, so ETH mining ist still profitable atm

If you use some kind of undervolting and reduce the frequency of the core or memory, it is still profitable.

Miners tend to overvolt and overclock. That will make their ROI faster if their electricity price is low.,

Real stupid miners, you mean. UNDERVOLT and overclock.

It depends on the graphics cards. I usually undervolt and underclock to get better efficiency as I have high electricity price.

Because you have sense. Overvolting is almost always done for "vanity" hashrate records, people who don't care, or people who simply have more money than sense.

I also undervolt my 7970. The difficulty is still rising. I might have to undervolt and increase the efficiency again.
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August 15, 2016, 09:14:09 AM
 #994

No no
ETH not profitable anymore to mine
Except you got free rigs and electricity

true statement, if you pay over 40 cent per kwh of energy. most of us pay 15 cent or less, so ETH mining ist still profitable atm

If you use some kind of undervolting and reduce the frequency of the core or memory, it is still profitable.

Miners tend to overvolt and overclock. That will make their ROI faster if their electricity price is low.,

Real stupid miners, you mean. UNDERVOLT and overclock.

It depends on the graphics cards. I usually undervolt and underclock to get better efficiency as I have high electricity price.

Because you have sense. Overvolting is almost always done for "vanity" hashrate records, people who don't care, or people who simply have more money than sense.

I also undervolt my 7970. The difficulty is still rising. I might have to undervolt and increase the efficiency again.

I use the AMD R9 390, I undervolt it to below 1000 mV and frequency  is around 970 MHz. It is quite efficient.
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August 17, 2016, 07:35:13 AM
 #995

No no
ETH not profitable anymore to mine
Except you got free rigs and electricity

true statement, if you pay over 40 cent per kwh of energy. most of us pay 15 cent or less, so ETH mining ist still profitable atm

If you use some kind of undervolting and reduce the frequency of the core or memory, it is still profitable.

Miners tend to overvolt and overclock. That will make their ROI faster if their electricity price is low.,

Real stupid miners, you mean. UNDERVOLT and overclock.

It depends on the graphics cards. I usually undervolt and underclock to get better efficiency as I have high electricity price.

Because you have sense. Overvolting is almost always done for "vanity" hashrate records, people who don't care, or people who simply have more money than sense.

I also undervolt my 7970. The difficulty is still rising. I might have to undervolt and increase the efficiency again.

I use the AMD R9 390, I undervolt it to below 1000 mV and frequency  is around 970 MHz. It is quite efficient.

It is quite efficient if you under volt and under clock. But if you pay high electricity price, it will not be profitable soon.
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August 17, 2016, 02:06:23 PM
 #996

No no
ETH not profitable anymore to mine
Except you got free rigs and electricity

true statement, if you pay over 40 cent per kwh of energy. most of us pay 15 cent or less, so ETH mining ist still profitable atm

If you use some kind of undervolting and reduce the frequency of the core or memory, it is still profitable.

Miners tend to overvolt and overclock. That will make their ROI faster if their electricity price is low.,

Real stupid miners, you mean. UNDERVOLT and overclock.

It depends on the graphics cards. I usually undervolt and underclock to get better efficiency as I have high electricity price.

Because you have sense. Overvolting is almost always done for "vanity" hashrate records, people who don't care, or people who simply have more money than sense.

I also undervolt my 7970. The difficulty is still rising. I might have to undervolt and increase the efficiency again.

I use the AMD R9 390, I undervolt it to below 1000 mV and frequency  is around 970 MHz. It is quite efficient.

It is quite efficient if you under volt and under clock. But if you pay high electricity price, it will not be profitable soon.

The Ethereum difficulty is all time high at present. If you add the difficulty of the ETC, it is 20% more. So not so profitable.

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August 17, 2016, 06:25:47 PM
 #997

Where do you buy a lottery ticket with a 50/50 chance to win ?

Mine/buy and hold for a year or two, cross your fingers and hope you are on the right 50% side.
My electricity cost is an longterm investment in my own future.
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August 18, 2016, 02:04:20 AM
 #998

Congratulations to those who are still having good profits by mining it.
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August 18, 2016, 06:31:21 PM
 #999

Congratulations to those who are still having good profits by mining it.

I think these are the miners who have lower than $0.15/kWh electricity. If the difficulty rises as fast as before, they will not be profitable soon.

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August 19, 2016, 08:02:00 AM
 #1000

Congratulations to those who are still having good profits by mining it.

I think these are the miners who have lower than $0.15/kWh electricity. If the difficulty rises as fast as before, they will not be profitable soon.

I pay 0.25 dollar /kWh and use the old 7970 to mine the Eth. I will not be profitable to mine in the next few weeks.
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