Ethereum mining still profitable?

[AsaroUk]

its one of the most profitable altcoins to mine on this moment so I think that is already saying enough.
It also has a good future so nothing is stopping you from start mining it..

[1715360210]

1715360210

[NordicRanger]

Do not stick to a coin, mine what is profitable.If you do not have time dual mining and intelligent mining can be alternatives.If you do not have time do not waste your money.

That is many small miners do. They usually switch to the most profitable coins to mine. They just mine.

If many farmers switch all the time, then the profitability for the mining will be simlar, there is no need to switch.

That is right. I stick with the Etheruem mining at the moment. It is almost one of the most profitable to mine.

Right about that its right now still the most profitable altcoin there is to mine in my eyes because others are already less more worth..
I think that we should also stay mining it because of this.

[mettalmag]

I've got lots of questions about this and I don't even know where to start.
Usually I build bitcoin mining farms and get % every month for just paying attention to them.
Couple weeks ago I got the order to maintain the ETH farm where already are installed 60+ GPUs (r9 380, r9 470x 480x) and they want to expand, maybe 100-150+ GPUs.
I don't know about profitability, because after Litecoins I simply switched to BTC.
Honestly I really don't care if they will loose all their money invested in GPUs and ETH itself, but can I give them some kind of advice maybe?
Until then I have some technical questions (and I don't know ask them here or somewhere else but I'll still ask):
What is the best OS to to install on SSDs? (ATM they have mixed versions of windows). I tried to research but found nothing. Will ubuntu do it's job or win7 professional is better? I didn' liked the EthOS..
What is the best software or any technique to monitor (not control) all the rigs at once? Remotely or locally?
that's it I guess for now (:

The Windows 7, 8.1 or 10 are all fine with the Etheruem mining. For the new AMD cards, they work well with 7 and 10.

thanks for your answer, after some research I thought the same and what about the monitoring software ? Is it possible to monitor all my GPUs at one host computer ?

If you use the Claymore miner, it has built in monitoring software. You can also use the pool to monitor.

I saw the monitoring software I guess Ill build a VPN connection on site to use monitoring system outside the facility.
I'm also stuck with wallets and dwarfpool and maintaining mining config itself, if I won't find out how to miself I'll post here again, anyway thank you for your answer

[bozton]

is there a tool to reduce electricity consumption so that power consumption was not too extravagant at the time of mine ethereum?

[Ambros]

is there a tool to reduce electricity consumption so that power consumption was not too extravagant at the time of mine ethereum?

I think that what you are looking for is called 'undervolting'

[Natuhant]

is there a tool to reduce electricity consumption so that power consumption was not too extravagant at the time of mine ethereum?

I think that what you are looking for is called 'undervolting'

That is right. But you have to be very careful. Do not undervolt too much. Otherwise the card will not work.

[Quesdana]

is there a tool to reduce electricity consumption so that power consumption was not too extravagant at the time of mine ethereum?

You can reduce the voltage of the card to save the energy, but you have to reduce the frequency as well.

[smaxz]

m  17:52:29|main  Mining on PoWhash #18ed7019 : 14.27MH/s [A2+0:R0+0:F0]
 m  17:52:30|main  Mining on PoWhash #18ed7019 : 11.76MH/s [A2+0:R0+0:F0]
 m  17:52:30|main  Mining on PoWhash #18ed7019 : 14.33MH/s [A2+0:R0+0:F0]
 m  17:52:31|main  Mining on PoWhash #18ed7019 : 11.83MH/s [A2+0:R0+0:F0]
 m  17:52:31|main  Mining on PoWhash #18ed7019 : 13.62MH/s [A2+0:R0+0:F0]
 m  17:52:32|main  Mining on PoWhash #18ed7019 : 13.83MH/s [A2+0:R0+0:F0]
 m  17:52:32|main  Mining on PoWhash #18ed7019 : 13.93MH/s [A2+0:R0+0:F0]
 m  17:52:33|main  Mining on PoWhash #18ed7019 : 13.36MH/s [A2+0:R0+0:F0]
 m  17:52:33|main  Mining on PoWhash #18ed7019 : 13.30MH/s [A2+0:R0+0:F0]
 m  17:52:34|main  Mining on PoWhash #18ed7019 : 13.44MH/s [A2+0:R0+0:F0]
 m  17:52:34|main  Mining on PoWhash #18ed7019 : 11.11MH/s [A2+0:R0+0:F0]
 m  17:52:35|main  Mining on PoWhash #18ed7019 : 13.36MH/s [A2+0:R0+0:F0]
 m  17:52:35|main  Mining on PoWhash #18ed7019 : 13.33MH/s [A2+0:R0+0:F0]


Please take a look. I am mining with a AMD 7950. Is it ok ? It seems people are getting more hashes than me. I am using windows 7 64bits. Catalyst Version 15.11.1
Please help me. I am mining with ethminer and in dwarfpool

those rates are normal.

be cautious reading old guides when it comes to reported hash rates. as the DAG grows hashrates fall off. for some cards more than others. 7950's are particularly affected.

you can always squeeze more out with bios flashes and other tweeks but i would just enjoy your cards for now..

[smho_16]

Actually for people who want to mine ethereum with the lowest watts spent a good choice is core i3 6100 51 watt and Amd RX 460 73 Watt so in total you will not use more than 150 watt including other PC components.

The downfall is with such card you will only profit about 2.3 Eth per month or 0.033 btc or 20-22 USD per month pure profit.

I would love to hear more low power mining rigs than this.

[meeekz]

I am thinking about mining ETH.
I have an I7 6900K with 64GB of fast memory.  My graphics card is a bit old so I'm thinking about getting an overclocked ASUS 1080 (cuda core = 2560).
I have free electricity.
What do you recommend cpu or gpu mining?
What might I expect from each on a per month basis?

Thanks

[Vivlore]

I am thinking about mining ETH.
I have an I7 6900K with 64GB of fast memory.  My graphics card is a bit old so I'm thinking about getting an overclocked ASUS 1080 (cuda core = 2560).
I have free electricity.
What do you recommend cpu or gpu mining?
What might I expect from each on a per month basis?

Thanks

You have a very fast CPU. It is better to use that to mine the ZCash. For the GPU, you can mine both ETH or ZEC.

[meeekz]

I am thinking about mining ETH.
I have an I7 6900K with 64GB of fast memory.  My graphics card is a bit old so I'm thinking about getting an overclocked ASUS 1080 (cuda core = 2560).
I have free electricity.
What do you recommend cpu or gpu mining?
What might I expect from each on a per month basis?

Thanks

You have a very fast CPU. It is better to use that to mine the ZCash. For the GPU, you can mine both ETH or ZEC.

can you point to a reference of how to set up ZEC mining?  I would use CPU or Gpu for this?

[Rumant]

I am thinking about mining ETH.
I have an I7 6900K with 64GB of fast memory.  My graphics card is a bit old so I'm thinking about getting an overclocked ASUS 1080 (cuda core = 2560).
I have free electricity.
What do you recommend cpu or gpu mining?
What might I expect from each on a per month basis?

Thanks

You have a very fast CPU. It is better to use that to mine the ZCash. For the GPU, you can mine both ETH or ZEC.

can you point to a reference of how to set up ZEC mining?  I would use CPU or Gpu for this?

https://bitcointalk.org/index.php?topic=1670733.0

https://bitcointalk.org/index.php?topic=1666489.0

https://bitcointalk.org/index.php?topic=1671021.0

https://bitcointalk.org/index.php?topic=1660023.0

https://bitcointalk.org/index.php?topic=1666780.0

[orbital_station]

How long till ethereum becomes POS? And what does that mean for small home miners like me?

I moved recently to a place where my work pays for electricity so I want to start mining right away to get a little extra income.
Can you suggest me some hardware to start?

So far I have this in mind:

mbo ASRock B85M Pro4, s1150
cpu Celeron G1820, 2700 MHz, Socket 1150
2x gpu XFX R9 390 8GB DDR5
ram Kingston 4GB, DDR3, 1333MHz
hdd 512 Gb
psu XFX 850 W

Is this okay for mining? Please suggest better/cheaper hardware.

I opted for only dual GPU because of the noise and heat, this rig will be at my home. I might buy more GPUs if find the noise tolerable...

[Dixan]

How long till ethereum becomes POS? And what does that mean for small home miners like me?

I moved recently to a place where my work pays for electricity so I want to start mining right away to get a little extra income.
Can you suggest me some hardware to start?

So far I have this in mind:

mbo ASRock B85M Pro4, s1150
cpu Celeron G1820, 2700 MHz, Socket 1150
2x gpu XFX R9 390 8GB DDR5
ram Kingston 4GB, DDR3, 1333MHz
hdd 512 Gb
psu XFX 850 W

Is this okay for mining? Please suggest better/cheaper hardware.

I opted for only dual GPU because of the noise and heat, this rig will be at my home. I might buy more GPUs if find the noise tolerable...

The quietest card asus rx480 strix , but it works worse R9 390

[QuintLeo]

I am thinking about mining ETH.
I have an I7 6900K with 64GB of fast memory.  My graphics card is a bit old so I'm thinking about getting an overclocked ASUS 1080 (cuda core = 2560).
I have free electricity.
What do you recommend cpu or gpu mining?
What might I expect from each on a per month basis?

Thanks

 1080 doesn't mine ETH well enough to be worth the money - it's hash rate is barely better than the 1070 for 50%+ more cost.
 1070 can't match the RX 480 overall - very similar on hash/Watt but hash/$ is about half as good.

 The only reasons I have ever run my 1070 rigs on ETH is that they were intended to do other stuff but ETH *right now* (or ZEC for that matter) is somewhat more profitable than the other stuff I built the rigs for.


 ZEC might prove to be a better long term option than ETH, as it's not intended to go POS like ETH is and doesn't have the "ever increasing DAG file size" issue.
 Mostly comes down to where ZEC pricing ends up at when the "initial startup hysterical crazyhigh pricing" finally dies down.


 When ETH moves to a POS (Proof of Stake) model, there will BE NO MINING for it at all.


 The RX480 doesn't mine quite as fast as the R9 390 or R9 290 (those are the speed kings for ETH due to their 384bit memory bus and reasonably fast RAM), but it uses a LOT LESS POWER which makes it more efficient on a hash/Watt basis.
 The RX480 probably loses on hash/$ pretty badly if you can find a good used R9 290 at all, and might lose vs the R9 390 'cause those are fairly cheap now as well.




 Payouts right now are VERY much in flux, as ZEC coin price is dropping pretty fast, the mining block reward for ZEC is still in it's "initial ramp up" phase that so far has been mostly compensating for the price drop (except the first day or so when the pricing was totally insane), and the move of massive numbers of rigs to mining ZEC had made it's difficulty much higher while reducing teh difficulty of the other coins (like ETH) that the rigs moved FROM quite a bit lower.

 This past week has been a VERY GOOD TIME for GPU/CPU based mining rigs, and looks like the next month should continue to be better than the last few have gotten to be.

[meeekz]

I am thinking about mining ETH.
I have an I7 6900K with 64GB of fast memory.  My graphics card is a bit old so I'm thinking about getting an overclocked ASUS 1080 (cuda core = 2560).
I have free electricity.
What do you recommend cpu or gpu mining?
What might I expect from each on a per month basis?

Thanks

 1080 doesn't mine ETH well enough to be worth the money - it's hash rate is barely better than the 1070 for 50%+ more cost.
 1070 can't match the RX 480 overall - very similar on hash/Watt but hash/$ is about half as good.

 The only reasons I have ever run my 1070 rigs on ETH is that they were intended to do other stuff but ETH *right now* (or ZEC for that matter) is somewhat more profitable than the other stuff I built the rigs for.


 ZEC might prove to be a better long term option than ETH, as it's not intended to go POS like ETH is and doesn't have the "ever increasing DAG file size" issue.
 Mostly comes down to where ZEC pricing ends up at when the "initial startup hysterical crazyhigh pricing" finally dies down.


 When ETH moves to a POS (Proof of Stake) model, there will BE NO MINING for it at all.


 The RX480 doesn't mine quite as fast as the R9 390 or R9 290 (those are the speed kings for ETH due to their 384bit memory bus and reasonably fast RAM), but it uses a LOT LESS POWER which makes it more efficient on a hash/Watt basis.
 The RX480 probably loses on hash/$ pretty badly if you can find a good used R9 290 at all, and might lose vs the R9 390 'cause those are fairly cheap now as well.




 Payouts right now are VERY much in flux, as ZEC coin price is dropping pretty fast, the mining block reward for ZEC is still in it's "initial ramp up" phase that so far has been mostly compensating for the price drop (except the first day or so when the pricing was totally insane), and the move of massive numbers of rigs to mining ZEC had made it's difficulty much higher while reducing teh difficulty of the other coins (like ETH) that the rigs moved FROM quite a bit lower.

 This past week has been a VERY GOOD TIME for GPU/CPU based mining rigs, and looks like the next month should continue to be better than the last few have gotten to be.

Thanks for the excellent info.  I am using my machine for other than mining.
What could I expect from 2 GTX1070's vs 2 RX480's

[Xianantung]

The Etheruem mining was not so profitable a few weeks ago. But due to the introduction of ZCash, it is more profitable now.

[Ayers]

The Etheruem mining was not so profitable a few weeks ago. But due to the introduction of ZCash, it is more profitable now.

it's because the diff decreased by a lot, from 6 tera so around 4 tera, now, this mean also that there re no more gpu in play, farm are change changing their coin target, so we have plenty of time at this level before new gpu are added and the diff rise again on eveyr coin

[Astonuse]

The Etheruem mining was not so profitable a few weeks ago. But due to the introduction of ZCash, it is more profitable now.

it's because the diff decreased by a lot, from 6 tera so around 4 tera, now, this mean also that there re no more gpu in play, farm are change changing their coin target, so we have plenty of time at this level before new gpu are added and the diff rise again on eveyr coin

The drop of the Etheruem mining difficulty has stopped and the difficulty is rising again. The price is not rising.