Mining profitability 60 USD per month per card, for how long will it keep?

[zzert1234]

I am new to mining but have done some research yesterday. It looks like ethereum and multiple other coins can be mined for profits of about 60 USD per month per AMD card.

How long do you think this ratio can keep in the future ?

Although having read some related threads, it seems that a common strategy at the moment is to mine something that you think will shoot up in price eventually.


PS.Sorry didn't see the mining subforum.

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[svojoe]

Yes, it mostly depends on your choice what to mine. For example todays profitability of eth, etc, zcash, music or so on may be middle, but if you mine another altcoin with good potential which is cheap yet but will be pumped soon and you won't dump mined coins till then the profit could be much more. It depends only on your choice. BTW GTX 1060 at etc or music makes around 30$ per month.

[moataz_ansary]

Mining ethereum is some profitable
You can mining and hold your coins till it hit 500$ in next months
Also ubq you can mine it and hold as it have great future
Etc also awesome

[ask]

Or directly buy some Ethereum and keep gaining while price is rising.
Its more cost efficient and more easy to directly buy eth or btc or any other coins.

[sylance]

Or directly buy some Ethereum and keep gaining while price is rising.
Its more cost efficient and more easy to directly buy eth or btc or any other coins.

This is the real issue.  Every time I think about dabbling in mining I realize it's just cheaper to purchase the coins and hold.  I live in the US so the cost of electricity is 12.2 cents per kWh; much to high to easily get to profitable mining.  So I either mine for the fun of it, or just purchase the coins on an exchange.