blg42598 (OP)
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June 19, 2016, 08:32:36 PM |
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Still worth buying GPUs? With Ethereum mining getting tough. Can we hope for another profitable coin?
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limbaugh
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June 19, 2016, 11:43:58 PM |
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Still worth buying GPUs? With Ethereum mining getting tough. Can we hope for another profitable coin?
Borderline insanity to buy mining hardware at this point. Most new coins are moving away from Proof of Work anyway - including Ethereum.
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Tmdz
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June 20, 2016, 03:05:07 AM |
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The quick answer is no.
It seems to be a downhill ride for now, when ether gained massive value we had a pretty decent future but it came crashing down. When I went into mining and buying up some gpus I tried to position myself to have more value in the hardware than I owed (altho there is the sweat period where you own more until you mine enough). Basically I went into this knowing that some big event could happen that could quickly end profitability. While there is still profit to be made it is becoming less everyday and there are no coins large enough to soak up the huge amount of gpus in circulation.
But if you have cheap enough electricity and don't mind taking a good amount of time to roi on your gpu then it could still make sense to pick up a few of the 480's that are very efficient. There is always the possibility that a coin or either could rise to new heights.
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blg42598 (OP)
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June 20, 2016, 03:45:34 AM |
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I was thinking of making 2 rigs of RX 480s, either 10 or 12 GPUs in total. Just mine profitable coins or coins that look promising in the future even if they aren't the most profitable (Ex. Decred). My electricity is around $0.09/kwh. Is that electricity a good price for mining? Seems around medium. I have another house I where I could set up for $0.04/kwh.
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PovertyByte
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June 20, 2016, 03:50:20 AM |
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Electricity is covered in the university dorms, and I plan to get a 480 to begin with. Just hope the coins do not become too difficult too soon.
I just need to figure out what to mine. I get the sad feeling that Ether will not be worth mining (at home) after 2 weeks when the card arrives, or if it is it will quickly get mined up by the 480's
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ps_jb
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June 20, 2016, 04:20:36 AM |
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I just need to figure out what to mine.
And don't be shy to share it with 1-2M miners with GPUs
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Amph
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June 20, 2016, 05:35:07 AM Last edit: June 20, 2016, 11:18:41 AM by Amph |
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it always depend on your electricity, with 0.05 there is no reason to stop mining
but even with expensive electricity is still profitable, you need to factor the fact that bitcoin has a very high value now, so the profit is actually greater than before
etheruem halved but btc doubled, same shit in the end
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Quartx
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June 20, 2016, 05:37:28 AM |
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You can always mine some new pump and dump shit coin, gpus are always worth it
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bitwhizz
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June 20, 2016, 09:52:09 AM |
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depends on which coin?!
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Wexlike
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June 20, 2016, 10:53:38 AM |
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it always depend on your electricity, with 0.05 there is no reason to stop mining
but even with expensive electricity is still profitable, you need to factor the fact thta bitcoin has a very high value now, so the profit is actually greater than before
etheruem halved but btc doubled, same shit in the end
Difficulty increased.
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Amph
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June 20, 2016, 11:19:08 AM |
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it always depend on your electricity, with 0.05 there is no reason to stop mining
but even with expensive electricity is still profitable, you need to factor the fact thta bitcoin has a very high value now, so the profit is actually greater than before
etheruem halved but btc doubled, same shit in the end
Difficulty increased. yeah in fact etheruem is not the most profitable anymore, because of that also not onyl the price decreasing
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Psynthax
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June 21, 2016, 02:07:41 AM |
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go for it if you have cheap or free electricity and extra money to invest in..
there will always be something to mine.. besides you can sell the gear and get some of the money back..
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JarBinks
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June 21, 2016, 02:34:47 AM |
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I was thinking of making 2 rigs of RX 480s, either 10 or 12 GPUs in total. Just mine profitable coins or coins that look promising in the future even if they aren't the most profitable (Ex. Decred). My electricity is around $0.09/kwh. Is that electricity a good price for mining? Seems around medium. I have another house I where I could set up for $0.04/kwh.
With electricity @ .09, the margins will not be large but your setup sounds promising. You may want to pay investigate algo switching and/or coin switching pools to maximize the profitability of the rig. There are lots of people doing some awesome GPU rigs, in this forum, and your sounds like a good one. Good luck.
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bitwhizz
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July 26, 2016, 08:21:18 AM |
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It is still worth buying GPUS, Surely?
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limbaugh
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July 26, 2016, 01:36:56 PM |
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It is still worth buying GPUS, Surely?
Always better to buy coins. PoW is dying off quickly. Never buy hardware to mine for profit..
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Amph
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July 26, 2016, 02:00:17 PM |
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It is still worth buying GPUS, Surely?
always just now you can do 0.13 btc per day with a rig of 6 x 1070, just saying... approaching roi of one month, pretty crazy...
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Ultrabat
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July 26, 2016, 03:06:16 PM |
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It is still worth buying GPUS, Surely?
always just now you can do 0.13 btc per day with a rig of 6 x 1070, just saying... approaching roi of one month, pretty crazy... Which coin do you mine to get such a high return of investment. I thought ETC would not give you such return.
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Amph
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July 26, 2016, 03:55:54 PM |
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It is still worth buying GPUS, Surely?
always just now you can do 0.13 btc per day with a rig of 6 x 1070, just saying... approaching roi of one month, pretty crazy... Which coin do you mine to get such a high return of investment. I thought ETC would not give you such return. yeah it's ETC right now, it's fucking profitable, nothing else come close, but i guess it will not last even one day
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spyshagg
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July 26, 2016, 04:19:37 PM |
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Such a glorious day, I'll take it.
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Za1n
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July 27, 2016, 03:19:24 AM |
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Yes, it has always been profitable to by a GPU to mine ever since you could profitably mine BTC with it. Another truth is since that time people have also been giving advice to new users that they missed the boat, it's too late, etc. Considering most of them are miners themselves, it is not surprising they do not want to encourage more competition.
Now with that said I will point out that at times the profits get really slim, and depending upon your electricity rates may even temporarily dip into the unprofitable area and you may need to shut your miners down for periods of time. I mined through the 2015 winter at slim margins, but it was somewhat offset because I also used my miners to heat my house, which would normally cost $200/month, so in some sense it was free power in that I would spend $200 on heat either way. Now it actually worked in my favor as I was mining Ethereum most of that time before it spiked, so in the long run I made out handsomely, but you should not count on that type of luck all the time.
All in all I think anyone buying a GPU at any point over the past 5 years would have made profit, as it seems there is always a new coin or algorithm introduced to replace the ones that die off or go asic. Some months you may only be making a few dollars or cents per GPU profit, but then it seems every 6 month or so something new hits where you can hit hardware ROI in as little as 30 days.
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ImHash
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July 27, 2016, 03:21:58 AM |
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it's not only eth to mine with gpu's you can mine all sorts of coins with them, have you ever tried to do that?
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PovertyByte
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July 27, 2016, 07:37:40 AM |
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it's not only eth to mine with gpu's you can mine all sorts of coins with them, have you ever tried to do that?
There is not an abundance of hash rates reported on every coin with all the new cards. It is blurry where to go for new purchases.
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bitwhizz
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August 25, 2016, 10:56:55 AM |
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All in all I think anyone buying a GPU at any point over the past 5 years would have made profit, as it seems there is always a new coin or algorithm introduced to replace the ones that die off or go asic. Some months you may only be making a few dollars or cents per GPU profit, but then it seems every 6 month or so something new hits where you can hit hardware ROI in as little as 30 days.
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QuintLeo
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August 25, 2016, 08:58:55 PM |
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Still worth buying GPUs? With Ethereum mining getting tough. Can we hope for another profitable coin?
IMO the only reason to risk buying new gear (or even not-super-cheap USED gear) for mining Ethereum with is *IF* you were going to buy it anyway for some OTHER use, and plan to mine Ethereum just to help pay PART of the cost of the gear. Technically, planning to "resell" the gear might count, but I'd hate to COUNT on that with the rapidly declining profitability of Ethereum mining.
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Ultrabat
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September 04, 2016, 04:43:28 PM |
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Still worth buying GPUs? With Ethereum mining getting tough. Can we hope for another profitable coin?
IMO the only reason to risk buying new gear (or even not-super-cheap USED gear) for mining Ethereum with is *IF* you were going to buy it anyway for some OTHER use, and plan to mine Ethereum just to help pay PART of the cost of the gear. Technically, planning to "resell" the gear might count, but I'd hate to COUNT on that with the rapidly declining profitability of Ethereum mining. I have the high electricity price of $0.23/kWh. So I will not buy graphics now to mine. The difficulty is too high.
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blg42598 (OP)
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September 04, 2016, 06:05:59 PM |
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I'm still buying GPUs. I get them half off and my electricity is around $0.09
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squatz1
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Flying Hellfish is a Commie
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September 04, 2016, 07:17:37 PM |
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It's still profitable but you have to be smart about what you mine and how you do it.
For whatever coin you go ahead and mine, if you see that you're making a constant profit for a day or a week or so I would go ahead and put that into BTC so you don't risk the coin fluctuating. Which is what most altcoins will do.
Goodluck with this!
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Ultrabat
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September 15, 2016, 04:36:16 PM |
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I'm still buying GPUs. I get them half off and my electricity is around $0.09
With that electricity price, you can buy the very inefficient GPU and still make some profits. Good luck.
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Docnaster
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September 15, 2016, 04:53:38 PM |
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Still worth buying GPUs? With Ethereum mining getting tough. Can we hope for another profitable coin?
It always depends on what GPU's you are looking for or you are buying for because if its for bitcoin its hard now to earn bitcoin from this hardware and for this ethereum i guess yes it is better to mine alternative coin than the main coin there are many coin in internet you can also do search what is the most demand in market.
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niksdt101
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September 15, 2016, 05:13:08 PM |
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Still worth buying GPUs? With Ethereum mining getting tough. Can we hope for another profitable coin?
It always depends on what GPU's you are looking for or you are buying for because if its for bitcoin its hard now to earn bitcoin from this hardware and for this ethereum i guess yes it is better to mine alternative coin than the main coin there are many coin in internet you can also do search what is the most demand in market. but seems like ethereum will swtich to pos and there will be no profitable coin to mine as for now. only time will tell
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Ultrabat
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September 30, 2016, 05:18:55 PM |
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Still worth buying GPUs? With Ethereum mining getting tough. Can we hope for another profitable coin?
It always depends on what GPU's you are looking for or you are buying for because if its for bitcoin its hard now to earn bitcoin from this hardware and for this ethereum i guess yes it is better to mine alternative coin than the main coin there are many coin in internet you can also do search what is the most demand in market. but seems like ethereum will swtich to pos and there will be no profitable coin to mine as for now. only time will tell The Ethereum will change to PoS. But there will be ZCash to mine. It will be released in later October.
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Altcoinsupporter
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September 30, 2016, 08:03:35 PM |
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Still worth buying GPUs? With Ethereum mining getting tough. Can we hope for another profitable coin?
It always depends on what GPU's you are looking for or you are buying for because if its for bitcoin its hard now to earn bitcoin from this hardware and for this ethereum i guess yes it is better to mine alternative coin than the main coin there are many coin in internet you can also do search what is the most demand in market. but seems like ethereum will swtich to pos and there will be no profitable coin to mine as for now. only time will tell The Ethereum will change to PoS. But there will be ZCash to mine. It will be released in later October. Yes, maybe its worth it but nothing is sure so I think that it worth it if you are willing to take the risks. Most will not do this but we wil see if it will happen.
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Cryptozillah
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September 30, 2016, 10:05:45 PM |
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I am still buying more RX cards. I see no big risks because this aint some asic crap that is worthless when the moment have passed. Gamers will keep buying used gpu:s.
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Ultrabat
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October 22, 2016, 02:35:24 PM |
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I am still buying more RX cards. I see no big risks because this aint some asic crap that is worthless when the moment have passed. Gamers will keep buying used gpu:s.
The main usage of the GPU mining is for the Ethereum. But Ethereum will go POS early next year.
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Cryptogott
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October 22, 2016, 02:44:16 PM |
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I am still buying more RX cards. I see no big risks because this aint some asic crap that is worthless when the moment have passed. Gamers will keep buying used gpu:s.
The main usage of the GPU mining is for the Ethereum. But Ethereum will go POS early next year. Wtf, is this confirmed? If this ever happens, it means many many many cheap GPU are on their way to ebay.
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adaseb
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October 22, 2016, 02:49:24 PM |
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I am still buying more RX cards. I see no big risks because this aint some asic crap that is worthless when the moment have passed. Gamers will keep buying used gpu:s.
The main usage of the GPU mining is for the Ethereum. But Ethereum will go POS early next year. Wtf, is this confirmed? If this ever happens, it means many many many cheap GPU are on their way to ebay. GPUs surprisingly hold their values well. Most of the R9 280X that were sold on eBay in 2014 only sold for 50% off retail.
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Lanatsa
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October 22, 2016, 03:58:51 PM |
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it's not only eth to mine with gpu's you can mine all sorts of coins with them, have you ever tried to do that?
If your electricity price is over $0.2 per kWh, it is only profitable to mine with the AMD RX 470 or 480 now.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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October 22, 2016, 04:30:31 PM |
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it's not only eth to mine with gpu's you can mine all sorts of coins with them, have you ever tried to do that?
If your electricity price is over $0.2 per kWh, it is only profitable to mine with the AMD RX 470 or 480 now. and 1070, since i'm mining with a similar rate, actually higher, and there is still some tiny profit $10-20 per gpu per month
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shield132
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October 22, 2016, 06:58:43 PM |
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All in all I think anyone buying a GPU at any point over the past 5 years would have made profit, as it seems there is always a new coin or algorithm introduced to replace the ones that die off or go asic. Some months you may only be making a few dollars or cents per GPU profit, but then it seems every 6 month or so something new hits where you can hit hardware ROI in as little as 30 days.
If we will discuss like you, than with antminer 9 over the past 6 years you would make great profit. As everyone knows it depends on electricity costs, hashrate and hardware itself. I wouldn't risk buying GPU's now but if you have much free time and nerves than find altcoins and try mining one of them which is profitable because in litecoin and other similars coins difficulty is increased. Also try to use calculator of your altcoin you are going to mine and you will see how much will be your profit in today's situation.
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Lanatsa
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October 28, 2016, 04:23:37 PM |
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it's not only eth to mine with gpu's you can mine all sorts of coins with them, have you ever tried to do that?
If your electricity price is over $0.2 per kWh, it is only profitable to mine with the AMD RX 470 or 480 now. and 1070, since i'm mining with a similar rate, actually higher, and there is still some tiny profit $10-20 per gpu per month The 1070 costs about $500. So that will take up to 25 months to get the original investment back. However, you can also sell the cards later.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Bavarian Illuminati
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October 28, 2016, 07:08:38 PM |
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go for it if you have cheap or free electricity and extra money to invest in..
there will always be something to mine.. besides you can sell the gear and get some of the money back.
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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October 28, 2016, 07:39:28 PM |
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it's not only eth to mine with gpu's you can mine all sorts of coins with them, have you ever tried to do that?
If your electricity price is over $0.2 per kWh, it is only profitable to mine with the AMD RX 470 or 480 now. and 1070, since i'm mining with a similar rate, actually higher, and there is still some tiny profit $10-20 per gpu per month The 1070 costs about $500. So that will take up to 25 months to get the original investment back. However, you can also sell the cards later. not really, i'm already near roi, because of early lbry mining(and because the gpu that i bought were bought with the roi of the other gpu, so i only need to reach half of their price), and now with zcash profit is very high again roi is much faster than what everyone think, if you know what you are doing
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Ultrabat
Member
Offline
Activity: 117
Merit: 10
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November 01, 2016, 02:57:32 PM |
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go for it if you have cheap or free electricity and extra money to invest in..
there will always be something to mine.. besides you can sell the gear and get some of the money back.
The ZCash mining is very profitable at the moment. So it is better to buy some GPU now to mine it for the short time.
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philipma1957
Legendary
Offline
Activity: 4102
Merit: 7764
'The right to privacy matters'
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November 01, 2016, 03:19:47 PM |
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go for it if you have cheap or free electricity and extra money to invest in..
there will always be something to mine.. besides you can sell the gear and get some of the money back.
The ZCash mining is very profitable at the moment. So it is better to buy some GPU now to mine it for the short time. yeah the zcash is a goldmine at the moment don't know how long it will last but it is very good now.
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Lanatsa
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November 23, 2016, 06:09:10 PM |
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go for it if you have cheap or free electricity and extra money to invest in..
there will always be something to mine.. besides you can sell the gear and get some of the money back.
The ZCash mining is very profitable at the moment. So it is better to buy some GPU now to mine it for the short time. yeah the zcash is a goldmine at the moment don't know how long it will last but it is very good now. # 20 days past, it seems the ZCash mining is the same as mining Ethereum. Hope not many people have bought GPU.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Ultrabat
Member
Offline
Activity: 117
Merit: 10
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December 24, 2016, 10:20:36 AM |
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go for it if you have cheap or free electricity and extra money to invest in..
there will always be something to mine.. besides you can sell the gear and get some of the money back.
The ZCash mining is very profitable at the moment. So it is better to buy some GPU now to mine it for the short time. yeah the zcash is a goldmine at the moment don't know how long it will last but it is very good now. # 20 days past, it seems the ZCash mining is the same as mining Ethereum. Hope not many people have bought GPU. It is not so profitable now.
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_ZET_
Full Member
Offline
Activity: 299
Merit: 100
Crypto mining company | Mining pools
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December 24, 2016, 02:39:24 PM |
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It's always worth if your electricity prices are reasonably low. What else you are going to do with that money? Keep them in in your sock and wait for inflation to hit you?
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Lanatsa
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January 06, 2017, 11:00:05 AM |
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It's always worth if your electricity prices are reasonably low. What else you are going to do with that money? Keep them in in your sock and wait for inflation to hit you?
If you pay the 25% of the average electricity price, it is better to mine.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Ultrabat
Member
Offline
Activity: 117
Merit: 10
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March 09, 2017, 11:50:23 AM |
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It's always worth if your electricity prices are reasonably low. What else you are going to do with that money? Keep them in in your sock and wait for inflation to hit you?
If you pay the 25% of the average electricity price, it is better to mine. However, ROI is still a problem if the coin price is too low.
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Lanatsa
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March 20, 2017, 04:03:38 PM |
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It's always worth if your electricity prices are reasonably low. What else you are going to do with that money? Keep them in in your sock and wait for inflation to hit you?
If you pay the 25% of the average electricity price, it is better to mine. However, ROI is still a problem if the coin price is too low. If the price of the Ethereum can be sustained in the next 6 months, it is profitable to buy the GPU.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | ██░░░░░░░░░░░░░░░░░░░░░░██ ▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀ ▄▄███░░░░░░░░░░░░░░███▄▄ ▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀ ▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄ █░▄▄▄██████▄▄▄░█ █░▀▀████████▀▀░█ █░█▀▄▄▄▄▄▄▄▄██░█ █░█▀████████░█ █░█░██████░█ ▀▄▀▄███▀▄▀ ▄▀▄▀▄▄▄▄▀▄▀▄ ██▀░░░░░░░░▀██ | | | | | | | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄██████▀████░███▄▀██▄ ███░█████████▀██░████░███ ███░████░█▄████▀░████░███ ███░████░███▄████████░███ ▀██▄▀███░█████▄█████▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP FAZE CLAN SSC NAPOLI | | |
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Ambros
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March 20, 2017, 10:40:38 PM |
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It's always worth if your electricity prices are reasonably low. What else you are going to do with that money? Keep them in in your sock and wait for inflation to hit you?
If you pay the 25% of the average electricity price, it is better to mine. However, ROI is still a problem if the coin price is too low. If the price of the Ethereum can be sustained in the next 6 months, it is profitable to buy the GPU. There is now way to know now. In my personal experience you can always ROI in 7/8 months, every few month a new coin generates a new bubble, let's just know it will happen again in the future
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Lanatsa
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April 25, 2017, 12:37:30 PM |
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It's always worth if your electricity prices are reasonably low. What else you are going to do with that money? Keep them in in your sock and wait for inflation to hit you?
If you pay the 25% of the average electricity price, it is better to mine. However, ROI is still a problem if the coin price is too low. If the price of the Ethereum can be sustained in the next 6 months, it is profitable to buy the GPU. There is now way to know now. In my personal experience you can always ROI in 7/8 months, every few month a new coin generates a new bubble, let's just know it will happen again in the future That is true. That happened to ETH, XMR and other coins.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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eafindme
Newbie
Offline
Activity: 10
Merit: 0
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April 25, 2017, 01:29:42 PM |
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With some fine tuning, and since AMD cards are more efficient than before, mining with GPU can be a way to go with current altcoin price, but it still depends since no one knows what will happen next to the altcoin prices.
One more thing, if GPU mining becomes outdated, it can be sold to budget gamers as a plan B to get back money, unlike ASIC machine, if the hardware outdated it will just become trash and no market value.
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Ultrabat
Member
Offline
Activity: 117
Merit: 10
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April 29, 2017, 08:00:12 AM |
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With some fine tuning, and since AMD cards are more efficient than before, mining with GPU can be a way to go with current altcoin price, but it still depends since no one knows what will happen next to the altcoin prices.
One more thing, if GPU mining becomes outdated, it can be sold to budget gamers as a plan B to get back money, unlike ASIC machine, if the hardware outdated it will just become trash and no market value.
The problem is that the price of the altcoin might drop so it is not so profitable.
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