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Author Topic: Why profitability is going down in GPU-mining ?  (Read 1895 times)
FFI2013
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May 10, 2017, 11:02:33 AM
 #21

For everybody complaining right now saying that mining is not profitable wait until you start making only 25% of what you are making now.

Which is pretty much what it was at the beginning of the year.
Isn't that the the truth I've been mining since LTC and have mined through when it was costing me more money in power than what I was making but the fact is now everyone only cares about $$$ and not the idea behind crypto currencies

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philipma1957
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May 10, 2017, 11:40:24 AM
 #22

For everybody complaining right now saying that mining is not profitable wait until you start making only 25% of what you are making now.

Which is pretty much what it was at the beginning of the year.
Isn't that the the truth I've been mining since LTC and have mined through when it was costing me more money in power than what I was making but the fact is now everyone only cares about $$$ and not the idea behind crypto currencies

Yeah  here is my gear right now.

it earns 59 usd a day  power is 9 dollars  so 50 usd a day profit.

This is amazing profit.
If it slides down  to 40 then 30 then 20 I would still be happy about it and I would allow it to mine at a loss of 10 dollars a day.


I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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