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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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adaseb
Legendary
 Offline
Activity: 3752
Merit: 1710
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May 02, 2016, 12:37:42 AM |
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Contract 10Mh/s Ether 12 month mining Pre order you mining contract mining ethereum the future is already here ! Send to a friend Share on Facebook! Print 369,00€ Nice, 2 years ROI |
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jadefalke
Legendary
Offline
Activity: 1457
Merit: 1014
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May 02, 2016, 08:28:22 AM |
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The best option is to buy a Ethereum mining contract: HereThey have the best prices (better than Genesis and others) You can buy Ethereum 10MH for just 315$ (valid 1 year, all costs included, no maintenance fee) Also I can provide you a coupon to get a 10% discount this month (April) That site is already non existent anymore... |
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fr4nkthetank
Legendary
Offline
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
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May 02, 2016, 12:50:30 PM |
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Cloud mining = scam. And there are different levels of scam. They go from we take your money and laugh, to we "pay" out using other peoples funds (pyramid scheme) to we actually mine and pay out
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parmatiya
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May 02, 2016, 08:51:42 PM |
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That is the similar price to the genesis mining, so it is not profitable for us if the difficulty rises again. |
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singular
Member
Offline
Activity: 108
Merit: 10
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May 02, 2016, 09:04:40 PM |
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CorePrime95
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May 04, 2016, 07:32:26 PM |
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I haven't seen any ether cloud mining that is not overpriced. It is much cheaper to just buy the hardware yourself.
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Coryvmcs1
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May 04, 2016, 07:43:31 PM |
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I haven't seen any ether cloud mining that is not overpriced. It is much cheaper to just buy the hardware yourself.
Better to invest in buying the equipment yourself. I have started our farm from a single rig with 6 gpu's and now finishing up the second rig with 6 gpu's. The ROI will be about 4 months at current price give or take a month. We do it because well mining is addictive and fun. I started mining and got some friends involved and showed the the ROI so they invested in my project and I will continue to keep building the farm out. If ETH POW stops I will move onto another one and keep mining. As long as crpyto lives there will be mining and as long as BTC survives there will always be others to mine. Everything revolves around BTC. Unfortunately we all can't afford the HUGE mining farms to directly mine BTC as some of these other ones do but there is plenty out there to hash away at. |
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fr4nkthetank
Legendary
Offline
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
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May 04, 2016, 07:45:10 PM |
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DONT do cloud mining or whatever, best you can do is rent hashrate on nicehash or other website. IF you do decide to invest 20k (sigh) in video cards...well...just make sure you thought of the heat and electric situation. 3 high end cards keep my garage nice and warm, 8 would make it a tropical zone, temperate in winter. imagine having 40....you would need to evacuate all that heat...its a problem.
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superiorus
Legendary
Offline
Activity: 1358
Merit: 1000
Bitcoiner since start, and continue to love it!
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May 04, 2016, 08:09:58 PM |
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The best option is to buy a Ethereum mining contract: HereThey have the best prices (better than Genesis and others) You can buy Ethereum 10MH for just 315$ (valid 1 year, all costs included, no maintenance fee) Also I can provide you a coupon to get a 10% discount this month (April) That site is already non existent anymore... It is working fine for me. |
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Xdragon
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May 04, 2016, 11:27:36 PM |
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After Ethereum becomes not profitable, the GPUs will flood other profitable coins and make them not profitable.
Couldn't agree more. ETH is probably last gift for GPU miners, one last farewell before GPU mining eventually die. Noobs should be very carefull with their investment. |
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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May 05, 2016, 06:03:16 AM |
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After Ethereum becomes not profitable, the GPUs will flood other profitable coins and make them not profitable.
Couldn't agree more. ETH is probably last gift for GPU miners, one last farewell before GPU mining eventually die. Noobs should be very carefull with their investment. same shit was said, when litecoin was still profitable and for jackpot coin and for the whole cryptoscene, guess what? we are here mining ethereum now, you really think this is the death of this section? the last resort? another shitcoin will come next year guaranteed, just wait, and mine etheruem while it is still profitable |
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sanadas
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May 05, 2016, 06:27:20 AM |
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After Ethereum becomes not profitable, the GPUs will flood other profitable coins and make them not profitable.
Couldn't agree more. ETH is probably last gift for GPU miners, one last farewell before GPU mining eventually die. Noobs should be very carefull with their investment. same shit was said, when litecoin was still profitable and for jackpot coin and for the whole cryptoscene, guess what? we are here mining ethereum now, you really think this is the death of this section? the last resort? another shitcoin will come next year guaranteed, just wait, and mine etheruem while it is still profitable That is right. I sold most of my gears early last year. I started to buy and build new rigs now. I will keep them. |
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Ayers
Legendary
Offline
Activity: 2618
Merit: 1023
Seabet.io | Crypto-Casino
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May 05, 2016, 07:23:30 AM |
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After Ethereum becomes not profitable, the GPUs will flood other profitable coins and make them not profitable.
Couldn't agree more. ETH is probably last gift for GPU miners, one last farewell before GPU mining eventually die. Noobs should be very carefull with their investment. same shit was said, when litecoin was still profitable and for jackpot coin and for the whole cryptoscene, guess what? we are here mining ethereum now, you really think this is the death of this section? the last resort? another shitcoin will come next year guaranteed, just wait, and mine etheruem while it is still profitable That is right. I sold most of my gears early last year. I started to buy and build new rigs now. I will keep them. same thing mate, i will not sell mine anymore, there is much profit to be made here, even if there are long dead time, eventually profitable time will come, you need patience here, just like in trading |
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Dum3
Member
Offline
Activity: 75
Merit: 10
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May 05, 2016, 06:25:12 PM |
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20k usd invested in ethereum right now its madness,unless you get power for free and even then too risky....
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bugsywugsy
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May 05, 2016, 10:59:06 PM |
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Looks like I might be able to get a cheap used GPU in the near future  with all these GPUs hastily bought to mine ETH, which was an obvious bubble |
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sanadas
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May 07, 2016, 06:29:23 AM |
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Looks like I might be able to get a cheap used GPU in the near future with all these GPUs hastily bought to mine ETH, which was an obvious bubble If the price drops 20% and the difficulty rises 100%, most of the miners will not be profitable. The difficulty is rising too fast. |
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LadangGalau
Sr. Member
Offline
Activity: 378
Merit: 250
EthBits
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May 09, 2016, 06:43:15 AM |
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Ethereum is not really profitable. You might never see your money back. A better option would be to buy coins which are PoS or creating Dash masternodes.
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Unacceptable
Legendary
Offline
Activity: 2212
Merit: 1001
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May 09, 2016, 07:27:36 AM |
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Ethereum is not really profitable. You might never see your money back. A better option would be to buy coins which are PoS or creating Dash masternodes.
I've made 20 eth since March 10th,about .40 BTC,with 1 7970 & 1 380 4gig  Income has slowed a little,but I'll ROI my shiny new 380 in 1 more week,my 7970 paid for itself with BTC/LTC/DOGE/FTC mining almost 2 years ago  So,I have another PC just waitin for another vid card,maybe near the end of the month I'll get another one  |
"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole." -Raylan Givens Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan |
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sanadas
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May 09, 2016, 07:28:45 AM |
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Ethereum is not really profitable. You might never see your money back. A better option would be to buy coins which are PoS or creating Dash masternodes.
Is the number of Dash masternodes limited? If not limited and many people can create, then the profit is low. |
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