Is the mining of Ethereum profitable?

[turneps]

Hello, I'm thinking about the mining of Ethereum. Is this a profitable business? And how much do I need to invest in hardware?

[PranDoW]

Website whattomine.com there you can find information about profit and decide how much you want to invest

[tulpash]

Hello, I'm thinking about the mining of Ethereum. Is this a profitable business? And how much do I need to invest in hardware?

I would not advise you to start extracting the etherium. Its price has fallen again, and you need a large initial investment. 

[turneps]

Hello, I'm thinking about the mining of Ethereum. Is this a profitable business? And how much do I need to invest in hardware?

I would not advise you to start extracting the etherium. Its price has fallen again, and you need a large initial investment. 

Its rate is failing now. But I think it is going up in the future. Ethereum has already shown what is capable at the end of this year

[kakawin]

Do not listen to anyone, just do it. The price of the ethereum will grow long and confidently. This crypto currency has a great potential.

[xxcsu]

Hello, I'm thinking about the mining of Ethereum. Is this a profitable business? And how much do I need to invest in hardware?

let me quote myself again and again and again 

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  

Original topic here

[tulpash]

Hello, I'm thinking about the mining of Ethereum. Is this a profitable business? And how much do I need to invest in hardware?

I would not advise you to start extracting the etherium. Its price has fallen again, and you need a large initial investment. 

Its rate is failing now. But I think it is going up in the future. Ethereum has already shown what is capable at the end of this year

If you know how to wait, then try. Maybe you will get some profit in the future. I definitely can not wait that long. 

[klintistwood]

with my rig, I invested 2500$ for 10x GTX 1060 and I'm making around 24$ / day with the current value of ETN. It took me 3 months to be break even so whatever you hear, yes it's profitable but nobody know how long it is going to be profitable. Mining cryptocurrency is bet for the future.

Details of my rig are in my signature. Prices have decreased since I built my rig so you may end up having the same kind of rig for less than 2500$

[turneps]

with my rig, I invested 2500$ for 10x GTX 1060 and I'm making around 24$ / day with the current value of ETN. It took me 3 months to be break even so whatever you hear, yes it's profitable but nobody know how long it is going to be profitable. Mining cryptocurrency is bet for the future.

Details of my rig are in my signature. Prices have decreased since I built my rig so you may end up having the same kind of rig for less than 2500$

Thank a lot.  Your answer is quite informative 

[crypto.cr]

You can calculate you ETH mining profit on coinwarz... as per my think ETH mining still profitable .. dont look behind just start mining r8 now .. its will boom one day     

[klintistwood]

Thank a lot.  Your answer is quite informative 

You're welcome!
Don't forget to check your electricity cost because that can reduce your profitability. My rig is around 800W but if you choose more power hungry cards, you can rapidly go above 1000W

[peleng]

Hello, I'm thinking about the mining of Ethereum. Is this a profitable business? And how much do I need to invest in hardware?

You will need a large amount of money for good hardware. This investment will be difficult to return with profit, the return will take several years. I do not advise you to mine, better participate in bounty campaigns.

[ikicha]

Always profitable, every day ethereum price rising , now ethereum price touch All time high at $1000
Congrats 

[raiderosik]

For the long time(last half year) it was giving about 5-10% back of the investment, and last month its hiting like 15-20%. so its looking really god for mining.

[cstow]

Right now it is quite profitable, but it is better to see the historical comparison between prices and the difficulty. Also take in mind that the cards doesn't last forever - not that they will brake down but eventually new cards with better hashrate per watt are appearing. So, I would say that we are looking at about taking back the price of hardware in the first year and then start taking profit which will gradually slow down. So if you invest X money in 2-3 years you will make back double the initial investment.

[raiderosik]

i would rather say first year is  geting back your money from the investment, and all future time will bring arround 100% year. and it would be a very good summary

[percy_tc]

they will brake down but eventually new cards with better hashrate per watt are appearing

With undervoltage, underclocked and optimal enviroment there is noway to break down any card. All of my cards are working since the very beggining.

And yes, ETH is profitable however if you dig deeper you will find more profitable coins out there.

[stantpro]

Etheruem has shown over time that it can weather the storms of cryptocurrency  challenges.
Looking at the coinmarketcap website, you can easily notice that ethereum is pushing and hobnobbing with the toppers.
Hence, I guess it is should be a profitable venture to mine.

[QuintLeo]

ETH has been profitable to mine for years - IF your power cost was low enough.

 The past 9 months or so the profitabilty has been so much higher that power cost is almost not a factor.

[dagarair]

no it is not profitable.  Stay away