udayantha11 (OP)
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2023 would most likely be as bearish as 2022
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October 27, 2017, 05:34:01 AM |
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I have used computer but now not using for long. Thinking of it it used to mine some coins. But in our country electricity expense is very high.
I would like to mine etherieum and litecoin
Is it worthy or any other suggestions?
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we all need universal power and cyclist of Everything -2023 would most likely be as bearish as 2022- =BTC will make it, but might be a long winter=
Stronger the storm, brighter the rainbow
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tcheip
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October 27, 2017, 05:44:21 AM |
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ETH mining ROI is getting longer and longer. ETH is going to pass to PoS (actually PoW). Even if you have a very efficient grafic card you'll probably not make much money...
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udayantha11 (OP)
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2023 would most likely be as bearish as 2022
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October 27, 2017, 05:45:31 AM |
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Yes it seems not useful
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we all need universal power and cyclist of Everything -2023 would most likely be as bearish as 2022- =BTC will make it, but might be a long winter=
Stronger the storm, brighter the rainbow
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russianjohhny
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October 27, 2017, 05:47:13 AM |
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I have used computer but now not using for long. Thinking of it it used to mine some coins. But in our country electricity expense is very high.
I would like to mine etherieum and litecoin
Is it worthy or any other suggestions?
Useless occupation, especially at home. The prices for a graphics card are expensive, electricity too, so there will be a constant struggle with the loss. Not profitable is all.
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ImHash
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October 27, 2017, 05:58:15 AM |
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If you already know that it's not profitable then why would you ask it? You posted in wrong forum, No worries I reported you, Even if you don't move this to altcoin forum the mods will. Bottom left side of the page is the button to move it. With cheap electricity mining any coin is profitable. In China they even built solar panels on water, I wish we could go to space near sun to mine for free forever ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Bulletdodger
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October 27, 2017, 06:07:30 AM |
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There should be a sticky topic for all noobs here asking "what to mine", if you only paste those words in google - the first result it the same-named useful website which might help you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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xxcsu
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October 27, 2017, 06:18:17 AM |
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There is my sticky topic for a questions like that ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) : READ HEREJust in case if its difficult to click on it , Im going paste/copy for you for easy reading ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I DONT UNDERSTAND WHY NEWBIES KEEP ASKING THE SAME QUESTION " ITS TO LATE TO START MINING , IT IS STILL PROFITABLE ?"No one can tell you ! Always going to be a 2 group of ppl who telling you it's ok go for it , or dont bc you just wasting ur money ! You have to make a decision for yourself ! Do your own research ! No one can tell you for sure what's going to happen with cryptocurrency ! No one can tell you it's going to be profitable for you or not ! No one can tell you how much profit you going to be able to make ! ( if you can make any at all ) No one can tell you the ROI ( return of investment) time ! None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later ! Those calculators telling you about today , at that moment when you typing in your information ! It's little bit of gambling , you must to decide you want to play on the lottery or not ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) YES some of us got lucky , made some money with mining YES some of us got unlucky , lost some money , bc when price started to fall , sold the coins , miners
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szafa
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October 27, 2017, 06:40:24 AM |
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I am not mining etherum i cant tell you is etherum is profitable.
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xxcsu
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October 27, 2017, 06:41:42 AM |
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I am not mining etherum i cant tell you is etherum is profitable.
Then why you posting in this topic ? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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huynhdat1989
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October 27, 2017, 06:53:09 AM |
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Haha, you will never got your money back when mining Ethereum at home ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) )
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ivakar
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October 27, 2017, 06:59:08 AM |
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blevotron
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October 27, 2017, 07:06:31 AM |
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Why everyone here say that it's not profitable? It;s awesome, i am mining for a year right now, and it's cool. Don't need any other hot source to make my flat warm and coooooozy ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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xxcsu
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October 27, 2017, 07:09:12 AM |
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Haha, you will never got your money back when mining Ethereum at home ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ) I will c You are right ... yes you will see , because Ethereum soon going to be Proof-of-Stake ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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xxcsu
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October 27, 2017, 07:12:19 AM |
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Why everyone here say that it's not profitable? It;s awesome, i am mining for a year right now, and it's cool. Don't need any other hot source to make my flat warm and coooooozy ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) If you are built your miners a year ago , then yes its profitable for you just like for many another miners ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Those who building they rigs today , probably not going to be profitable at least for a year or more ... , but by then there is a very good chance ETH going to be Proof-of-Stake !
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Golftech
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October 27, 2017, 07:21:31 AM |
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Haha, you will never got your money back when mining Ethereum at home ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ) I will c You are right ... yes you will see , because Ethereum soon going to be Proof-of-Stake ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) That's another problem because when ETH become pos those who mined it needed to switch over to another coins which will make the difficulties to made even harder so I think if you don't have rig and your electricity bills are really high better to don't think about it worthless and unprofitable.
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jamesdavidso2
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October 27, 2017, 07:35:20 AM |
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All single unit miners are losing their time. Better buy ETH and enjoy profits long time.
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shinharu10282016
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October 27, 2017, 08:01:26 AM |
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Mining does not do much unless you have not just one mining rigs.
But the returns on mining is a mess. I suggest you invest some money on some profitable ICO, whether under the ETH or a new platform.
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udayantha11 (OP)
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2023 would most likely be as bearish as 2022
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October 27, 2017, 08:59:24 AM |
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Mining does not do much unless you have not just one mining rigs.
But the returns on mining is a mess. I suggest you invest some money on some profitable ICO, whether under the ETH or a new platform.
yes you correct, seems mining is not viable. i already invested ICo . i am expecting the results ICO.
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we all need universal power and cyclist of Everything -2023 would most likely be as bearish as 2022- =BTC will make it, but might be a long winter=
Stronger the storm, brighter the rainbow
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Cereberus
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October 27, 2017, 09:02:14 AM |
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You need to think out of the box and be very clear what you expect from the price of Ethereum or Bitcoin if you are going to convert it. In my case I am using as if I am going to convert it. I would still mine if I had the chance too even at a small loss rather than buying directly the bitcoin and paying a big premium over its actual price. If you are like me and believe in the power of the long run and price of bitcoin then it is better to mine at home even with a small loss. In the long term you will be happy you did, trust me.
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yemiforu
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October 27, 2017, 11:19:32 AM |
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It will very interesting to get involve in Eth mining but i will like to know the criteria required for me to start
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