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h311m4n
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September 21, 2016, 04:30:54 PM |
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I heard the SIAcoin is most profitable to mine at the moment. But the Etheruem difficulty is still rising.
It's not profitable at all. I mine it using claymore's miner while dual mining, but just mining Sia alone is a waste. 1000 Sias are worth 0.52cts currently...at 1.4Gh/s, it takes me 2-3 days to round up 5000 of those, def not worth it, only if you have free electricity maybe. However, once Sia get their software a bit more user-friendly and do some more advertising, they could become the new dropbox and be worth a lot more than now. I personnaly keep my Sias for the time being. |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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Technicrate
Newbie
 Offline
Activity: 68
Merit: 0
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October 10, 2016, 05:15:26 PM |
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I heard the SIAcoin is most profitable to mine at the moment. But the Etheruem difficulty is still rising.
It's not profitable at all. I mine it using claymore's miner while dual mining, but just mining Sia alone is a waste. 1000 Sias are worth 0.52cts currently...at 1.4Gh/s, it takes me 2-3 days to round up 5000 of those, def not worth it, only if you have free electricity maybe. However, once Sia get their software a bit more user-friendly and do some more advertising, they could become the new dropbox and be worth a lot more than now. I personnaly keep my Sias for the time being. You are right. With the increase of the difficulty in the past month, if the trend continues, it will not be profitable soon. |
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Simpan
Newbie
Offline
Activity: 57
Merit: 0
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October 23, 2016, 10:04:09 AM |
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I heard the SIAcoin is most profitable to mine at the moment. But the Etheruem difficulty is still rising.
It's not profitable at all. I mine it using claymore's miner while dual mining, but just mining Sia alone is a waste. 1000 Sias are worth 0.52cts currently...at 1.4Gh/s, it takes me 2-3 days to round up 5000 of those, def not worth it, only if you have free electricity maybe. However, once Sia get their software a bit more user-friendly and do some more advertising, they could become the new dropbox and be worth a lot more than now. I personnaly keep my Sias for the time being. You are right. With the increase of the difficulty in the past month, if the trend continues, it will not be profitable soon. It does not matter too much. We will have the ZCash to mine in the next 5 days. That could make somebody rich. |
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Tmdz
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October 23, 2016, 02:52:04 PM |
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I heard the SIAcoin is most profitable to mine at the moment. But the Etheruem difficulty is still rising.
It's not profitable at all. I mine it using claymore's miner while dual mining, but just mining Sia alone is a waste. 1000 Sias are worth 0.52cts currently...at 1.4Gh/s, it takes me 2-3 days to round up 5000 of those, def not worth it, only if you have free electricity maybe. However, once Sia get their software a bit more user-friendly and do some more advertising, they could become the new dropbox and be worth a lot more than now. I personnaly keep my Sias for the time being. You are right. With the increase of the difficulty in the past month, if the trend continues, it will not be profitable soon. It does not matter too much. We will have the ZCash to mine in the next 5 days. That could make somebody rich. Maybe if some of the massive farms can instamine some blocks, but the dev team at Zcash is taking steps to minimize that as much as possible. The 3 leaders in profit will be Zcash, Etc/Eth and I think it is probably best at this point anyway to let the corporate outfits fight over Zcash mining. That will mean hash rate reductions in etc/eth. It is also likely this massive amount of GPU's added over the past month were for the mining of Zcash so that is essentially 75'000 GPU's ready to hammer Zcash and possible even more if the coin sells for a large amount. Just remember to cash out all your coins before then in case eth/etc price dumps to buy up Zcash coins. |
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Technicrate
Newbie
Offline
Activity: 68
Merit: 0
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October 27, 2016, 05:54:01 PM |
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I heard the SIAcoin is most profitable to mine at the moment. But the Etheruem difficulty is still rising.
It's not profitable at all. I mine it using claymore's miner while dual mining, but just mining Sia alone is a waste. 1000 Sias are worth 0.52cts currently...at 1.4Gh/s, it takes me 2-3 days to round up 5000 of those, def not worth it, only if you have free electricity maybe. However, once Sia get their software a bit more user-friendly and do some more advertising, they could become the new dropbox and be worth a lot more than now. I personnaly keep my Sias for the time being. You are right. With the increase of the difficulty in the past month, if the trend continues, it will not be profitable soon. It does not matter too much. We will have the ZCash to mine in the next 5 days. That could make somebody rich. Maybe if some of the massive farms can instamine some blocks, but the dev team at Zcash is taking steps to minimize that as much as possible. The 3 leaders in profit will be Zcash, Etc/Eth and I think it is probably best at this point anyway to let the corporate outfits fight over Zcash mining. That will mean hash rate reductions in etc/eth. It is also likely this massive amount of GPU's added over the past month were for the mining of Zcash so that is essentially 75'000 GPU's ready to hammer Zcash and possible even more if the coin sells for a large amount. Just remember to cash out all your coins before then in case eth/etc price dumps to buy up Zcash coins. I agree with that. The Ethereum price is dropping now. It might be due to the fact that people are selling to get bitocin to buy ZCash. |
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EssentialCoin
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December 06, 2016, 04:18:43 PM |
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The Ethereum price dropped a lot in the last few days. It seems if your electricity price is high and have old cards, it is not profitable.
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MrGone
Newbie
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Activity: 1
Merit: 0
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December 15, 2016, 10:08:05 AM |
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I like rotisserie chicken but I can but one small one for $5-8. If I am going to spend $250 on a nice rotisserie. The math works out to me having to eat rotisserie chicken a few times a week for a vary long time to make it make sense to buy the rotisserie.
My point is for the investment to get started. And the cost to run the machine none stop for .32 daily of a $8 crypto coin. I feel like if I really believe in the coin I should just buy a few a week.
I wish I did not miss the boat with mining. It was like a modern day gold rush.
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